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Russian Foreign Minister Lavrov has announced that Russia is committed to increasing gas exports to Turkey. This could potentially impact the energy market and related ETFs.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:25 pm

BTCUSD

ETHUSD

SNXUSD

SOLUSD

Bitcoin and Ethereum recorded losses but remained above key levels. U.S. initial jobless claims fell by 4,000 to 228,000, better than market estimates of 235,000. The global crypto market cap fell to $1.08 trillion, a 24-hour decline of 0.8%. Maker was the top gainer, while GMX and Astar were among the biggest losers.

Portfolio Pulse from Lisa Levin

August 31, 2023 | 2:11 pm

BTCUSD

Democratic Presidential Candidate Robert F. Kennedy Jr. has expressed support for the idea of backing a portion of U.S. government debt with cryptocurrency. He believes this could enforce discipline against endless money printing. Kennedy Jr. has previously detailed his plan for returning to a hard currency standard using Bitcoin in the United States. At the time of the interview, Bitcoin was trading at $27,251, down 0.64% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 31, 2023 | 2:02 pm

APO

Apollo Global Management (NYSE:APO) has outperformed the market over the past 10 years, producing an average annual return of 12.46%. If an investor had bought $100 of APO stock 10 years ago, it would be worth $333.11 today.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:00 pm

Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years by 6.28% on an annualized basis, producing an average annual return of 16.83%. If an investor had bought $1000 of MU stock 10 years ago, it would be worth $4,990.72 today.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:00 pm

HUM

Humana's (NYSE:HUM) short percent of float has fallen 8.91% since its last report, with 2.78 million shares sold short, which is 2.25% of all regular shares available for trading. It would take traders 2.1 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.13%.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 1:45 pm

LNG

Cheniere Energy's (NYSE:LNG) short percent of float has risen 15.65% since its last report, with 3.17 million shares sold short, which is 1.33% of all regular shares available for trading. It would take traders 2.24 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.84%.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 1:30 pm

UGRO

Urban-gro, Inc. (NASDAQ:UGRO) has sold its investment in a private placement convertible note with XS Financial Inc for $2.3 million, a 10% discount to the book value. The cash payment is in addition to the $0.3 million of interest earned since the original $2.5 million investment in Q4 2021.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 1:22 pm

COIN

Coinbase CEO Brian Armstrong has shared ten innovative crypto ideas that he believes could revolutionize the digital currency space. These ideas include a decentralized currency that tracks consumer prices, a decentralized protocol that assigns reputation scores based on onchain data, a new advertising model for Web 3, a platform combining features of Stripe Atlas and AngelList in Web 3, a global job market with payments made in crypto, privacy features for layer 2 solutions, a decentralized P2P exchange, games with player-owned in-game items, tokenizing real-world assets, and tools to manage startup cities and network states.

Portfolio Pulse from Murtuza Merchant

August 31, 2023 | 12:52 pm

CELH

LWAY

SOVO

SPB

THRN

The article lists five overbought stocks in the consumer staples sector, which are considered risky for portfolios. These include Lifeway Foods, Inc. (LWAY), Spectrum Brands Holdings, Inc. (SPB), Sovos Brands, Inc. (SOVO), Celsius Holdings, Inc. (CELH), and Thorne HealthTech, Inc. (THRN). The companies' stocks are considered overbought due to their high Relative Strength Index (RSI) values, which are all above 70.

Portfolio Pulse from Lisa Levin

August 31, 2023 | 12:44 pm