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Assets

CME

CME Gr (NASDAQ:CME) has outperformed the market over the past 20 years by 6.48% on an annualized basis, producing an average annual return of 14.1%. If an investor had bought $1000 of CME stock 20 years ago, it would be worth $14,355.37 today.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 4:00 pm

CP

Canadian Pacific Kansas (NYSE:CP) has outperformed the market over the past 20 years, producing an average annual return of 14.89%. If an investor had bought $100 of CP stock 20 years ago, it would be worth $1,602.49 today. The company currently has a market capitalization of $74.27 billion.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 4:00 pm

GLD

IWF

SPYG

XLE

XLI

Markets reacted to mixed U.S. economic data on Wednesday, initially interpreting the data as a sign of easing inflationary pressures, but later expressing concerns over potential economic deceleration. The Bureau of Economic Analysis lowered Q2 growth projections and the PCE price index, a key inflation gauge. The labor market also showed signs of a slowdown in new job additions. The U.S. dollar fell 0.5%, and Treasury yields dropped. Major ETFs with over $15 billion in AUM showing positive returns included SPDR Gold Trust (GLD), Energy Select Sector SPDR Fund (XLE), Industrials Select Sector SPDR Fund (XLI), SPDR Portfolio S&P 500 Growth (SPYG), and iShares Russell 1000 Growth ETF (IWF).

Portfolio Pulse from Piero Cingari

August 30, 2023 | 3:47 pm

GSK

GSK Plc (NYSE:GSK) is investing $272 million in a new vaccine facility in Belgium, which is expected to be operational by 2027. The facility will be dedicated to freeze-drying vaccines, a process that enhances stability and shelf life. The company aims to produce tens of millions of doses annually at this location.

Portfolio Pulse from Akanksha Bakshi

August 30, 2023 | 3:42 pm

DHR

Over the past 10 years, Danaher (NYSE:DHR) has outperformed the market by 7.47% on an annualized basis, producing an average annual return of 18.08%. If an investor had bought $100 of DHR stock 10 years ago, it would be worth $526.72 today. Danaher currently has a market capitalization of $194.16 billion.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:30 pm

WST

West Pharmaceutical Servs (NYSE:WST) has outperformed the market over the past 10 years by 16.51% on an annualized basis, producing an average annual return of 27.12%. If an investor had bought $100 of WST stock 10 years ago, it would be worth $1,101.68 today.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:30 pm

BLK

WT

A federal court has ordered the SEC to reconsider its rejection of Grayscale Investments' application to transform its GBTC closed-end fund into a Bitcoin spot ETF. The court stated that the SEC failed to provide sufficient reasoning for approving two Bitcoin futures ETPs while denying Grayscale's Bitcoin spot ETF. The decision does not guarantee SEC approval, but mandates a review of Grayscale's application. Major financial institutions like BlackRock Inc, Fidelity, and WisdomTree Inc are also seeking to launch their own spot Bitcoin ETFs.

Portfolio Pulse from AJ Fabino

August 30, 2023 | 3:13 pm

BTCUSD

GBTC

MARA

Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares are trading lower after gaining more than 15% on Tuesday. The rise was due to a federal court ruling that the SEC was wrong to reject Grayscale Investments' application to convert its Grayscale Bitcoin Trust (OTC:GBTC) into a spot Bitcoin (CRYPTO: BTC) ETF. MARA has seen heavy trading volume and is a top trending ticker on Yahoo! Finance.

Portfolio Pulse from Erica Kollmann

August 30, 2023 | 3:12 pm

BA

EADSY

China Airlines is reportedly considering Boeing's upgraded 777 and Airbus's A350-1000 for its fleet renewal. The company is looking to replace its 10 Boeing 777-300ERs but has not specified a timetable for the upgrade. China Airlines has over 85 aircraft, including 23 freighter jets. The company's ten 777-300ERs have a median age of about 8.3 years.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2023 | 3:07 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price has decreased by 4.65% over the past 24 hours to $4.53, contrary to its performance over the past week where it experienced an up-trend of 2.0%. The trading volume of Polkadot has climbed 13.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.74%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:00 pm