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BTCUSD

Changpeng Zhao, the former CEO of Binance, clarified that Bitcoin halving is not similar to a stock split, highlighting the unique dynamics of cryptocurrency. He shared insights on the post-event dynamics of Bitcoin halving, noting that while the price doesn't skyrocket immediately after the event, it often reaches all-time highs in the following year. The upcoming Bitcoin halving, scheduled for around April 20, 2024, will reduce miner rewards from 6.25 BTC to 3.125 BTC, impacting the economics of mining and potentially the future price and ecosystem of Bitcoin.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 6:19 am

EWG

Germany's Producer Price Index (PPI) for March increased by 0.2%, surpassing the estimated 0.0% and showing an improvement from the -0.4% recorded in the previous month.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:03 am

BBJP

DXJ

EWJ

Japan's National Consumer Price Index (CPI) for March increased by 0.2%, compared to a 0.0% change in the previous month, indicating a rise in inflation.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:27 am

BIG

Big Lots has expanded its borrowing capacity by up to $200M through a new 'First In, Last Out' (FILO) Term Loan Facility. This facility is in addition to the company's existing $900 million asset-based revolving loan facility, significantly enhancing Big Lots' liquidity position.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 9:44 pm

ATI

Over the past 5 years, ATI (NYSE:ATI) has outperformed the market with an annualized return of 15.39%, turning a $100 investment into $200.47. The company's market capitalization stands at $6.45 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 9:31 pm

AESI

Atlas Energy Solutions reported a mechanical fire at its mine in Kermit, Texas, primarily affecting the feed system. The incident will not affect the Dune Express construction's timing or cost. The company is currently evaluating the repair costs and financial impact of the fire.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 9:12 pm

LMT

Over the past 20 years, Lockheed Martin (NYSE:LMT) has outperformed the market with an annualized return of 12.05%, turning a $100 investment into $980.84. The company's market capitalization stands at $110.13 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 9:01 pm

EDV

TLT

The IMF's April 2024 Global Financial Stability report highlights concerns over a small group of hedge funds' significant control over the U.S. Treasury futures market, potentially posing systemic risks. Leveraged hedge funds have increased short positions in Treasury futures, exploiting price discrepancies and using borrowed money, raising financial stability concerns. The concentration of leverage and control in the market is significant, with a few funds holding substantial positions. The U.S. Treasury bond performance has been weak, with the iShares 20+ Year Treasury Bond ETF (TLT) and the Vanguard Extended Duration Treasury ETF (EDV) experiencing declines. The IMF also forecasts a rising U.S. debt-to-GDP ratio, reaching 134% by 2029.

Portfolio Pulse from Piero Cingari

April 18, 2024 | 8:57 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has delivered an average annual return of 16.88% over the past 5 years, outperforming the market by 5.61%. A $100 investment in TMUS 5 years ago would be worth $218.19 today. The company's market capitalization stands at $191.00 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 8:30 pm

BIDU

$1000 invested in Baidu (NASDAQ:BIDU) 15 years ago would now be worth $8,995.76, showcasing an average annual return of 15.59% and outperforming the market by 3.2% on an annualized basis. Baidu's current market capitalization stands at $33.46 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 8:30 pm