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SHIBUSD

Backstreet Boys member Nick Carter expressed interest in the cryptocurrency Shiba Inu (CRYPTO: SHIB) in April 2021. If an investment of $100 was made in SHIB today and it reached the levels when Carter expressed his support on May 8, 2021, it would yield a profit of $70.82, representing a return of 70.82%. The total exit amount would be $170.82. Currently, SHIB is trading at $0.000008196.

Portfolio Pulse from Mehab Qureshi

August 23, 2023 | 11:32 am

FL

Foot Locker's merchandise inventories as of July 29 were $1.8 billion, marking an 11% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 10:48 am

AAP

Advance Auto Parts has appointed Tony Iskander as interim CFO, effective from August 18, 2023. He will be succeeding Jeff Shepherd and the company is initiating a search for its next CFO.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 10:33 am

F

Ford Motor (NYSE:F) is investing $890 million in a cathode manufacturing facility in Québec, Canada, in collaboration with South Korean battery suppliers SK On and EcoProBM. The facility, set to start production in 2026, will supply materials for Ford's electric vehicle batteries and is expected to create 345 new jobs. The partnership aims to strengthen Ford's EV supply chain in North America.

Portfolio Pulse from Benzinga Neuro

August 23, 2023 | 8:42 am

DOGEUSD

Elon Musk, owner of X (formerly Twitter), has endorsed Dogecoin (CRYPTO: DOGE) again, causing a 1.68% surge in DOGE's value. Musk aims to transform X into a multifaceted service, integrating social media, messaging, and financial transactions. His tweet featuring a logo created by DogeDesigner for the 'everything app' further fueled excitement around the transformation.

Portfolio Pulse from Mehab Qureshi

August 23, 2023 | 8:11 am

DOGEUSD

ETHUSD

FLOKIUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a 4% increase in the past 24 hours, outperforming Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI). This comes after Shibarium, Shiba Inu’s Layer-2 network, announced its impending relaunch with enhanced features. Shibarium, supported by SHIB tokens, aims to establish its position in the blockchain industry with a focus on metaverse and gaming applications.

Portfolio Pulse from Mehab Qureshi

August 23, 2023 | 6:51 am

BTCUSD

Democratic presidential candidate Robert F. Kennedy Jr has expressed his support for Bitcoin (CRYPTO: BTC), referring to it as an 'exercise and guarantee' of freedom. He has also suggested that Bitcoin may not be as harmful to the environment as it is often portrayed. Kennedy Jr. revealed that he had purchased two Bitcoin for each of his seven children. At the time of writing, BTC was trading at $26,032, up 0.04% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 23, 2023 | 3:45 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies recorded a mixed trading session on Tuesday evening after Balancer, one of Ethereum’s decentralized crypto trading projects, uncovered a vulnerability that could risk millions of dollars in crypto assets. The SEC is currently reviewing several bitcoin ETF applications, with no certainty of a decision this year. Investors are also awaiting Federal Reserve Chair Jerome Powell’s speech at the annual economic symposium in Jackson Hole, Wyoming. Crypto analysts predict a potential slump in the markets for Bitcoin and Ethereum.

Portfolio Pulse from Mehab Qureshi

August 23, 2023 | 2:54 am

NMR

Komainu, a joint cryptocurrency custody venture involving Nomura (NYSE:NMR), Ledger and CoinShares, has been granted an operating license by Dubai's Virtual Asset Regulatory Authority (VARA). This license allows Komainu to extend its custody services, including institutional staking and collateral management, to clients within Dubai through its Komainu Connect platform. Other significant players, such as Laser Digital, a digital asset subsidiary of Nomura, and Binance, have also recently secured operating licenses from VARA.

Portfolio Pulse from Murtuza Merchant

August 22, 2023 | 9:44 pm

GOOGL

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 5 years by 6.87% on an annualized basis, producing an average annual return of 15.49%. If an investor had bought $1000 of GOOGL stock 5 years ago, it would be worth $2,087.41 today.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:30 pm