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ChatGPT, an AI-driven portfolio manager, is being tested against heavyweight funds like SPDR S&P 500 (NYSE:SPY) and Invesco Trust Series 1 (NASDAQ:QQQ). After 14 weeks, ChatGPT's portfolio performance is +9.45%, placing it in seventh place. Notable movers in the portfolio include Tesla Inc (NASDAQ:TSLA), which is up 45%, and AT&T Inc (NYSE:T), which is down nearly 14%.

Portfolio Pulse from AJ Fabino

August 09, 2023 | 7:57 pm

JPM

Unusual options activity has been observed for JPMorgan Chase (NYSE:JPM), with a large position indicating a bullish stance. The activity includes 16 uncommon options trades, split 50% bullish and 50% bearish. The trades suggest a target price range of $130.0 to $180.0 for JPMorgan Chase over the next three months. The current price of JPM is $154.67, down 0.78%. Analysts have mixed opinions, with upgrades to 'Buy' and downgrades to 'Neutral'.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:45 pm

BLK

BlackRock's (NYSE:BLK) short percent of float has risen 15.32% since its last report, with 2.11 million shares sold short, which is 1.43% of all regular shares available for trading. It would take traders 3.23 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.12%.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:30 pm

FTNT

Over the past 5 years, Fortinet (NASDAQ:FTNT) has outperformed the market by 21.94% on an annualized basis, producing an average annual return of 31.49%. If an investor had bought $100 of FTNT stock 5 years ago, it would be worth $401.31 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:30 pm

DE

Deere (NYSE:DE) has outperformed the market over the past 15 years, producing an average annual return of 13.35%. If an investor had bought $100 of DE stock 15 years ago, it would be worth $653.56 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:30 pm

GOOGL

A significant number of investors have taken a bearish stance on Alphabet (NASDAQ:GOOGL), with 52% of the 38 detected trades being bearish. The total amount for puts is $1,261,441 and for calls is $1,241,960. Whales have been targeting a price range from $105.0 to $200.0 for Alphabet over the last 3 months. The current price of GOOGL is down -0.75% at $130.42. Several experts maintain positive ratings on Alphabet with price targets ranging from $142 to $163.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:17 pm

ETHUSD

PYPL

The market for stablecoins is projected to grow from $125 billion to $2.8 trillion in the next five years, according to a Bernstein report. The report suggests that as these digital currencies integrate with mainstream consumer platforms, they will experience significant growth. PayPal Holdings Inc (NASDAQ:PYPL) recently announced its foray into the cryptocurrency realm with the introduction of its own stablecoin, PayPal USD (CRYPTO: PYUSD). The report also highlights that stablecoins will leverage an ultra-fast financial settlement infrastructure on public blockchain networks like Ethereum (CRYPTO: ETH).

Portfolio Pulse from Murtuza Merchant

August 09, 2023 | 7:06 pm

LRCX

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 10 years by 20.32% on an annualized basis, producing an average annual return of 30.53%. If an investor had bought $1000 of LRCX stock 10 years ago, it would be worth $14,505.68 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:00 pm

ASML

ASML Holding (NASDAQ:ASML) has outperformed the market over the past 15 years, producing an average annual return of 22.59%. If an investor had bought $100 of ASML stock 15 years ago, it would be worth $2,074.13 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 7:00 pm

BTCUSD

ETHUSD

Gracy Chen, Managing Director at Bitget, provides advice for crypto startups seeking funding in 2023. She emphasizes the importance of timing, setting realistic targets, having a clear path to profitability, and finding a supportive VC. She also mentions the cyclical nature of the crypto industry and the increasing focus on profitability over growth. She cites Bitcoin (BTC) and Ethereum (ETH) as examples of crypto projects that have relied on funding.

Portfolio Pulse from Gracy Chen

August 09, 2023 | 6:53 pm