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Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin traded slightly positive on Tuesday evening ahead of Wednesday’s Consumer Price Index (CPI) release. The CPI data could determine whether the range-bound trading pattern continues. Bitcoin has seen an 84% increase in prices year to date, with much of the gains consolidated during the winter months. The global crypto market capitalization stood at $1.19 trillion, an increase of 0.19% over the last day. Analysts suggest that Ethereum could potentially rally towards $2,500.

Portfolio Pulse from Mehab Qureshi

July 12, 2023 | 3:32 am

FCPT

Four Corners Property Trust (FCPT) has acquired two Wawa properties in New Jersey for $2.5M. The properties are corporate-operated under a long-term, triple net lease with an average of 1.4 years of term remaining. The transaction was priced at a 6.7% cap rate on rent.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 9:34 pm

AMP

Ameriprise Finl (NYSE:AMP) has outperformed the market over the past 15 years, producing an average annual return of 15.27%. If an investor had bought $1000 of AMP stock 15 years ago, it would be worth $9,215.30 today. The company currently has a market capitalization of $35.14 billion.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 9:32 pm

PWR

Quanta Services (NYSE:PWR) has outperformed the market over the past 15 years, producing an average annual return of 13.18%. If an investor had bought $100 of PWR stock 15 years ago, it would be worth $689.25 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 9:31 pm

CVS

CVS Caremark, a subsidiary of CVS Health, experienced system issues that caused delays in filling prescriptions. The system is now operational and the company is working through the backlog.

Portfolio Pulse from Charles Gross

July 11, 2023 | 9:28 pm

ROST

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 15 years, producing an average annual return of 12.29%. If an investor had bought $100 of ROST stock 15 years ago, it would be worth $597.74 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 9:00 pm

TT

Trane Technologies (NYSE:TT) has outperformed the market over the past 15 years by 5.13% on an annualized basis, producing an average annual return of 13.98%. If an investor had bought $1000 of TT stock 15 years ago, it would be worth $7,253.89 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 9:00 pm

USO

The American Petroleum Institute (API) reported a crude oil inventory build of 3.026 million barrels for the week, compared to analysts' expectations of a 200,000 barrel build.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:34 pm

KEYS

Keysight Techs's (NYSE:KEYS) short percent of float has fallen 8.18% since its last report, with 2.80 million shares sold short, which is 2.02% of all regular shares available for trading. It would take traders 3.54 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.81% for its peer group.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 8:30 pm

MCK

Over the past 5 years, McKesson (NYSE:MCK) has outperformed the market by 15.37% on an annualized basis, producing an average annual return of 25.0%. If an investor had bought $1000 of MCK stock 5 years ago, it would be worth $3,028.92 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 8:30 pm