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SPOT

Over the past 5 years, Spotify Technology (NYSE:SPOT) has delivered an average annual return of 16.34%, outperforming the market by 5.01% annually. A $1000 investment in SPOT 5 years ago would now be worth $2,176.06, reflecting the stock's significant growth and the impact of compounded returns over time. Spotify's current market capitalization stands at $58.66 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:30 pm

BTCUSD

Anthony Pompliano of Pomp Investments predicts Bitcoin will reach $100,000 within 12 to 18 months, citing its resilience and growing adoption, including Bitcoin ETFs. Despite recent market fluctuations and geopolitical tensions, Pompliano sees a limited downside risk, with Bitcoin's price firmly capped at $50,000. Contrarily, Peter Schiff warns of a potential Bitcoin crash due to Wall Street's expected selling.

Portfolio Pulse from Murtuza Merchant

April 17, 2024 | 5:22 pm

SNPS

Investors have shown a bearish stance on Synopsys (NASDAQ:SNPS), with options trading indicating a split sentiment of 42% bullish and 57% bearish. Uncommon options trades were spotted, with a focus on a price band between $540.0 and $720.0. Synopsys's current market position shows a trading volume of 449,237, a price decrease of -1.25%, and an RSI indicating potential oversold status. Analyst ratings in the last 30 days have set an average price target of $646.67, with slight downgrades from Piper Sandler, Needham, and Rosenblatt.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:16 pm

MSTR

MicroStrategy shares are trading lower due to a decrease in the price of Bitcoin, reflecting the company's significant investment in the cryptocurrency.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:15 pm

SPY

The latest U.S. 20-year bond auction closed at a yield of 4.818%, marking an increase from the previous rate of 4.542%.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:03 pm

VST

Deep-pocketed investors show a divided sentiment on Vistra (NYSE:VST), with a bearish majority according to Benzinga's options scanner. Notable options activity includes 3 puts and 5 calls, with a price target range of $57.5 to $77.5. Vistra, a major power producer, has seen its stock price increase by 2.29% to $69.15. Analyst ratings in the last month average a target price of $78.33, with Morgan Stanley and Evercore ISI Group maintaining positive outlooks.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:01 pm

COST

Over the past 10 years, Costco Wholesale (NASDAQ:COST) has outperformed the market with an annualized return of 20.14%, turning a $1000 investment into $6,235.85 today. Costco's market capitalization stands at $320.65 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:00 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has delivered an average annual return of 22.65% over the past 20 years, turning a $100 investment into $6,678.66 today. The company's market capitalization stands at $99.62 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:00 pm

MAGS

QQQ

SPY

The latest Global Fund Managers Survey by Bank of America reveals a significant uptick in optimism among fund managers, with the most bullish outlook for global equities since January 2022. Equity allocations have increased to a net 34% overweight, the highest since early 2022. Optimism for global growth has surged, with a net 11% of managers expecting a stronger economy. Cash levels have decreased, indicating increased risk appetite, while commodities allocation saw a record increase. Inflation expectations are at their highest since April 2022, yet a majority anticipate Federal Reserve rate cuts in 2024. Sector preferences have shifted towards materials, energy, and industrials. The survey also highlights the Roundhill Magnificent Seven ETF (MAGS), SPDR S&P 500 ETF Trust (SPY), and Invesco QQQ Trust (QQQ) in the context of year-to-date performance and crowded trades.

Portfolio Pulse from Piero Cingari

April 17, 2024 | 4:55 pm