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Assets

NKE

Over the past 10 years, Nike (NYSE:NKE) has outperformed the market by 2.7% on an annualized basis, producing an average annual return of 13.0%. If an investor had bought $100 of NKE stock 10 years ago, it would be worth $339.37 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:30 pm

SFBC

Sound Financial Bancorp (SFBC) has announced that it does not currently believe a recent vendor incident will have a material adverse effect on its business, operations, or financial results.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 4:26 pm

BKNG

A significant amount of unusual options activity has been detected for Booking Holdings (NASDAQ:BKNG), with a predominantly bearish stance. The majority of the trades are puts, with a total amount of $475,400, and calls amounting to $668,554. The targeted price range for Booking Holdings over the last 3 months is from $2680.0 to $3000.0. Barclays maintains an Overweight rating on Booking Holdings with a price target of $3130, while JMP Securities and Wedbush have downgraded their actions with price targets of $3000 and $3060 respectively.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:04 pm

ORCL

Unusual options activity has been observed for Oracle (NYSE:ORCL), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 24 uncommon options trades for Oracle, with sentiment split between 45% bullish and 54% bearish. The whales have been targeting a price range from $80.0 to $135.0 for Oracle over the last 3 months. The price of ORCL is up 1.46% at $119.16.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:03 pm

BLK

BTCUSD

BlackRock Inc's CEO, Larry Fink, has expressed his belief that cryptocurrencies will surpass international currencies due to their global demand. BlackRock is currently filing for the establishment of the U.S's first spot Bitcoin ETF. Fink referred to cryptocurrency as 'digital gold' and a 'global asset'. He also mentioned the crucial role that Gold ETFs played in investing in that asset, expressing his hope for a similar result with cryptocurrency.

Portfolio Pulse from Murtuza Merchant

July 14, 2023 | 4:00 pm

NOC

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 15 years by 4.96% on an annualized basis, producing an average annual return of 13.82%. If an investor had bought $100 of NOC stock 15 years ago, it would be worth $691.79 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:00 pm

NSC

Norfolk Southern (NYSE:NSC) has outperformed the market over the past 20 years, producing an average annual return of 15.57%. If an investor had bought $1000 of NSC stock 20 years ago, it would be worth $18,176.10 today. The company currently has a market capitalization of $53.10 billion.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:00 pm

BTCUSD

JPM

The upcoming Bitcoin halving event in 2024 is expected to challenge miners due to decreased rewards and increasing production costs. Miners with access to cheaper electricity are likely to fare better post-halving. The event will reduce the block reward from 6.25 Bitcoin to 3.125 Bitcoin. While the halving is generally seen as a price booster, it poses challenges for miners as production costs serve as a price floor. A one cent per kWh fluctuation in electricity costs results in a $4,300 change in Bitcoin production costs, which would double post-halving.

Portfolio Pulse from Murtuza Merchant

July 14, 2023 | 3:39 pm

AXP

American Express (NYSE:AXP) has outperformed the market over the past 15 years by 1.24% on an annualized basis, producing an average annual return of 10.09%. If an investor had bought $1000 of AXP stock 15 years ago, it would be worth $4,101.92 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:30 pm

TEAM

Atlassian (NASDAQ:TEAM) has outperformed the market over the past 5 years by 12.01% on an annualized basis, producing an average annual return of 21.94%. If an investor had bought $1000 of TEAM stock 5 years ago, it would be worth $2,736.91 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 3:30 pm