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Investment research firm Fundstrat predicts that the potential launch of a Bitcoin ETF from BlackRock could drive Bitcoin's price to $180,000 before the scheduled halving in April 2024. The firm sees a 75% probability of a spot Bitcoin ETF being approved in the near term, which could attract new investors and generate increased demand for Bitcoin. Fundstrat also believes that Bitcoin ETFs could eventually surpass the precious metals ETF market, which currently holds nearly $230 billion in assets.

Portfolio Pulse from Benzinga Neuro

July 25, 2023 | 3:27 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies traded mixed on Monday, with Bitcoin and Ethereum dropping while Dogecoin spiked. The decline in Bitcoin's volume dominance is attributed to a spike in altcoin trading, fueled by the Ripple ruling and regulatory adjustments. Ethereum co-founder Vitalik Buterin expressed concerns about the World Coin project. The global crypto market capitalization stands at $1.17 trillion. Analysts predict a potential dip for Bitcoin before it reaches the $100K mark.

Portfolio Pulse from Mehab Qureshi

July 25, 2023 | 2:45 am

BUSDUSD

ETHUSD

A new blockchain-based platform, Hamsters.gg, allows users to bet on live-streamed hamster races using cryptocurrencies. Users can bet with Binance USD (CRYPTO: BUSD) and deposit tokens from either the BNB Chain or Ethereum (CRYPTO: ETH). The platform takes 5% of all bets placed, with 4% distributed to HAMS token holders. The popularity of this platform has caused the valuation of HAMS to surge recently. However, it's worth noting that new tokens can drop in value and crypto trends can fade.

Portfolio Pulse from Chris Katje

July 24, 2023 | 10:08 pm

KLAC

KLA (NASDAQ:KLAC) has outperformed the market over the past 15 years by 9.4% on an annualized basis, producing an average annual return of 18.31%. If an investor had bought $100 of KLAC stock 15 years ago, it would be worth $1,269.22 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 9:30 pm

OKE

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years, producing an average annual return of 9.77%. If an investor had bought $1000 of OKE stock 20 years ago, it would be worth $6,481.93 today. ONEOK currently has a market capitalization of $30.09 billion.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 9:30 pm

DHR

Danaher (NYSE:DHR) has outperformed the market over the past 5 years by 10.17% on an annualized basis, producing an average annual return of 20.22%. If an investor had bought $100 of DHR stock 5 years ago, it would be worth $248.58 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 9:00 pm

HCA

HCA Healthcare (NYSE:HCA) has outperformed the market over the past 10 years by 11.57% on an annualized basis, producing an average annual return of 21.98%. If an investor had bought $100 of HCA stock 10 years ago, it would be worth $730.29 today. HCA Healthcare has a market capitalization of $78.45 billion.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 9:00 pm

ADI

A significant amount of unusual options activity has been detected for Analog Devices (NASDAQ:ADI), with a majority of investors taking a bearish stance. Of the 13 strange trades detected, 69% were bearish and 30% were bullish. The total amount for the 10 puts was $433,223 and for the 3 calls was $126,080. Whales have been targeting a price range from $160.0 to $195.0 for Analog Devices over the last 3 months. The current price of ADI is $192.37, up 0.21%.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:45 pm

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Russia has been seizing assets from Western companies, including Danone and Carlsberg. In response, many foreign companies are planning to leave Russia or reduce their operations there. Several US companies, including Ford, IBM, McDonalds, Delta Airlines, Nike, United Airlines, Starbucks, Hewlett Packard, Uber, Netflix, American Airlines, and Dell, have announced a full retreat from the country. However, other US companies like Cloudflare, Tupperware, Procter & Gamble, Colgate-Palmolive, Kimberly Clark, Abbott Laboratories, Pfizer, Merck, Johnson and Johnson, Eli Lilly, Philip Morris, Coca-Cola, PepsiCo, Kellogg's, General Electric, Whirlpool, John Deere, FedEx, UPS, Intel, Qualcomm, Micron, Nvidia, and Apple continue to operate in Russia, albeit with reduced operations or suspended investments.

Portfolio Pulse from Natan Ponieman

July 24, 2023 | 8:45 pm

SSD

Simpsons Manufacturing Company has projected its FY23 operating margin to be between 20.5% and 21.5%. The company also expects its capital expenditures to range from $105M to $115M.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:40 pm