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LTCUSD

Litecoin (CRYPTO: LTC) has seen a 5.9% increase in price over the last 24 hours, reaching $87.99, with an 8.0% increase over the past week from $81.1. The coin's all-time high is $410.26. Trading volume decreased by 2.0% over the past week, and the circulating supply dropped by 0.05% to over 74.47 million, making up 88.65% of its max supply. Litecoin's market cap ranks it #21 at $6.56 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:00 pm

HTZ

Hertz plans to sell an additional 10,000 EVs in 2024 due to significant depreciation losses, totaling 30,000 EV sales. The company faced a $195 million charge to vehicle depreciation, with depreciation costs up $339 per vehicle, $119 of which is attributed to EVs. Despite a 2% revenue increase to $2.1 billion in Q1, Hertz reported $567 million in quarterly losses, largely due to depreciation costs. The sale includes models from Chevrolet, Kia, Mercedes, and Tesla at competitive prices.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:53 pm

LYB

LyondellBasell Industries N.V. (NYSE:LYB) reported a mixed Q1 fiscal 2024 performance with revenues of $9.925 billion, slightly down from the previous year but above consensus estimates. Adjusted EBITDA and EPS both declined year-over-year but also beat consensus estimates. The company benefited from lower natural gas costs in North America and faced challenges in Europe due to Red Sea logistics issues. Weak global demand for durable goods impacted polypropylene and propylene oxide volumes and margins. Operating cash flow turned negative due to a build in working capital, but the company maintained strong liquidity. LYB expects seasonal demand improvements in Q2 and plans to operate assets in line with market demand.

Portfolio Pulse from Akanksha Bakshi

April 26, 2024 | 2:53 pm

STLD

Over the past 15 years, Steel Dynamics (NASDAQ:STLD) has produced an average annual return of 16.33%, outperforming the market by 4.15% on an annualized basis. A $100 investment in STLD 15 years ago would be worth $1,039.48 today. The company currently has a market capitalization of $21.01 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:30 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The stock market showed resilience as PCE inflation data matched consensus, calming fears of higher inflation. Positive earnings from Microsoft, Alphabet, and a consumer spending increase supported the market. Early trades saw positive money flows into Apple, Amazon, Google, Microsoft, NVIDIA, SPDR S&P 500 ETF, and Invesco QQQ Trust, but negative flows into Meta Platforms and Tesla. The article advises investors to maintain a balanced protection band and highlights The Arora Report's accurate market predictions.

Portfolio Pulse from The Arora Report

April 26, 2024 | 2:22 pm

BODENUSD

NEARUSD

Crypto analyst Crypto Dog predicts a bullish run for memecoin Jeo Boden (BODEN) and NEAR Protocol (NEAR), citing a breakout for BODEN and bullish signs for NEAR based on AI narratives. BODEN has seen a twenty-fold increase since March, and NEAR is expected to lead in the coming weeks. BODEN recently hit a new all-time high with a market cap over $700 million, while NEAR outperforms Bitcoin and Solana.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 2:18 pm

BTCUSD

Strike CEO Jack Mallers predicts Bitcoin could reach between $250,000 to $1 million due to potential monetary policy changes aimed at saving the bond market. He cites the scarcity of Bitcoin and its role as a key performance indicator for adoption as reasons for this potential surge. Despite a recent sell-off signal and resistance, bullish sentiment remains in the crypto community.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 2:11 pm

PFE

Deep-pocketed investors have shown a significant interest in Pfizer (NYSE:PFE) options, with a nearly even split between bullish and bearish sentiments. Benzinga's options scanner revealed 9 extraordinary activities, indicating a targeted price range for PFE between $17.5 to $35.0. The largest trades include both calls and puts, with varying sentiments and strike prices. Pfizer, a leading pharmaceutical company, is currently trading at $25.41, up 0.57%, with an RSI suggesting it may be oversold. Analysts have a consensus target price of $45.0 for PFE, despite a recent downgrade by Cantor Fitzgerald to Overweight.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:02 pm

EME

EMCOR Group (NYSE:EME) has significantly outperformed the market with an average annual return of 19.22% over the past 20 years, turning a $100 investment into $3,396.71 today. The company now has a market capitalization of $16.51 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:00 pm

NKE

$1000 invested in Nike (NYSE:NKE) 15 years ago would now be worth $7,179.52, showcasing an average annual return of 13.71% and outperforming the market by 1.57% on an annualized basis. Nike's current market capitalization stands at $143.35 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 2:00 pm