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Assets

BTCUSD

Bitcoin is experiencing a decrease in its trading value due to market volatility as the cryptocurrency community anticipates the upcoming halving event.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:07 pm

UFPI

UFP Industries (NASDAQ:UFPI) has delivered an average annual return of 17.03% over the past 15 years, turning a $1000 investment into $10,235.93 today. The company's market capitalization stands at $6.94 billion, highlighting its strong performance and the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:00 pm

LIN

Over the past 20 years, Linde (NASDAQ:LIN) has produced an average annual return of 13.13%, outperforming the market by 5.45% on an annualized basis. A $1000 investment in LIN 20 years ago would be worth $11,712.78 today. Linde's market capitalization currently stands at $214.46 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:00 pm

S

SentinelOne's (NYSE:S) short interest has decreased by 26.09%, with 8.04 million shares sold short, representing 2.89% of its float. This decrease in short interest could indicate a more bullish sentiment towards the stock. Compared to its peers, SentinelOne has a lower short interest percentage of float, with the average being 4.39%.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:00 pm

C

Smart money investors are showing significant interest in Citigroup (NYSE:C) options, with an equal split between bullish and bearish sentiments. Benzinga's options scanner revealed 14 unusual activities, focusing on a price range of $50.0 to $70.0 for Citigroup. The trading volume and open interest analysis suggest a keen market watch on Citigroup's options. Currently, Citigroup's stock is up 2.1%, with a trading volume of 4,584,825 and an RSI indicating a neutral position. The next earnings report is due in 86 days.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 3:31 pm

CDNS

Over the past 5 years, Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market, with an annualized return of 34.86%, turning a $1000 investment into $4,634.48. The company now boasts a market capitalization of $81.12 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 3:30 pm

GPN

Global Payments (NYSE:GPN) has delivered an average annual return of 14.68% over the past 15 years, outperforming the market by 2.13% annually. A $100 investment in GPN 15 years ago would be worth $771.97 today, showcasing the impact of compounded returns on investment growth. Global Payments currently has a market capitalization of $31.49 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 3:30 pm

PLD

SLG

XLRE

Real estate stocks fell as mortgage rates rose to a 4-month high, with the Real Estate Select Sector SPDR Fund (XLRE) dropping 0.3%, indicating negative investor sentiment. Mortgage rates reached 7.13%, the highest since early December, amid strong economic data and persistent inflation. Housing starts declined by 14.7% month-over-month in March, with both single-family and multifamily sectors experiencing downturns. Real estate stocks like Prologis, Inc. (PLD) and SL Green Realty Corp. (SLG) saw significant movements.

Portfolio Pulse from Piero Cingari

April 17, 2024 | 3:23 pm

AMAT

ASML

SPY

The article discusses the impact of Federal Reserve Chair Powell's recent statements on interest rates and inflation, highlighting a temporary dip in the stock market followed by aggressive buying. It also covers the increased demand for advanced semiconductors driven by AI, mentioning ASML Holding NV and Applied Materials, Inc. as key players in the semiconductor equipment market. Additionally, it notes positive early trade money flows in major tech stocks and mixed flows in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1, with a focus on the importance of protection bands for investors.

Portfolio Pulse from The Arora Report

April 17, 2024 | 3:19 pm

ALK

Alaska Airlines encountered a system issue during an upgrade to its weight and balance calculation system, leading to a ground stop for all Alaska and Horizon flights starting around 7:50 am PT on Wednesday. The airline is actively working to resolve the problem as quickly as possible.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:17 pm