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GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years, producing an average annual return of 11.71%. If an investor had bought $1000 of GILD stock 20 years ago, it would be worth $9,448.28 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:30 pm

BTCUSD

COIN

CUBI

FTTUSD

USDCUSD

Customers Bancorp Inc. has become a significant ally for the cryptocurrency industry, partnering with numerous digital asset firms. The bank has become one of the few remaining facilitators of dollar transactions for crypto businesses. Despite being the 81st-largest U.S. bank by assets, Customers Bank now finds itself at the forefront of an industry that is under regulatory scrutiny. The bank's appeal to crypto businesses increased when it avoided the industry's biggest crisis of the past year: the collapse of Sam Bankman-Fried’s FTX exchange.

Portfolio Pulse from Murtuza Merchant

July 18, 2023 | 2:28 pm

COIN

Coinbase Inc. CEO Brian Armstrong is set to meet with House Democrats from the New Democrat Coalition to discuss digital-asset legislation. The meeting will also cover topics such as tax, national security, privacy, and climate. Armstrong has been advocating for clearer regulations for digital assets. Coinbase has been encouraging lawmakers to consider two bills that would provide explicit guidelines on how crypto exchanges can register with regulators. This comes after the SEC accused Coinbase of violating rules that require it to register as a securities exchange, an allegation that Coinbase has refuted.

Portfolio Pulse from Murtuza Merchant

July 18, 2023 | 2:17 pm

CRWD

A significant bearish stance has been taken on CrowdStrike Holdings (NASDAQ:CRWD) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 23% bullish and 76% bearish. The price of CRWD is down -0.57% at $151.86. Analysts from Needham and JMP Securities have downgraded their actions on CRWD with price targets of $170 and $235 respectively.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:03 pm

SPY

USA retail inventories excluding autos for May have decreased by 0.1%, compared to the estimated 0.0% and the prior figure of -0.2%.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 2:01 pm

EOG

EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 5.62% on an annualized basis, producing an average annual return of 13.43%. If an investor had bought $1000 of EOG stock 20 years ago, it would be worth $12,671.37 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:01 pm

BA

Over the past 20 years, Boeing (NYSE:BA) has outperformed the market by 1.99% on an annualized basis, producing an average annual return of 9.81%. If an investor had bought $100 of BA stock 20 years ago, it would be worth $659.19 today. The company currently has a market capitalization of $127.71 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:01 pm

RIG

Transocean (RIG) has seen a significant option alert for January 19 $15 calls. A total of 2089 contracts were traded near the ask price at $0.201, compared to an open interest of 4571 contracts. The reference price for RIG was $8.525.

Portfolio Pulse from Charles Gross

July 18, 2023 | 1:45 pm

AAVEUSD

ALGOUSD

BTCUSD

ETHUSD

Bitcoin and Ethereum traded lower but remained above key levels of $30,000 and $1,900 respectively. Sui was the top gainer over the past 24 hours, while 1inch Network was the biggest loser. The global crypto market cap fell to $1.2 trillion, recording a 24-hour decline of 0.4%.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 1:38 pm

DFLI

Dragonfly Energy is set to receive another patent for its deep-cycle battery design. The company's innovative technology could potentially revolutionize the energy storage industry.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 1:04 pm