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BTCUSD

PUPS, a meme coin on the Bitcoin network, has surged 50% in anticipation of the Runes protocol, which aims to enhance Bitcoin's transaction efficiency. With a market cap of $516 million, PUPS is now the third-largest Bitcoin-based token. The Runes protocol, expected post-Bitcoin halving, will use the UTXO model for better digital commodity management within the Bitcoin network. This development has sparked significant interest, positioning PUPS as a notable meme coin in the Bitcoin ecosystem.

Portfolio Pulse from Murtuza Merchant

April 12, 2024 | 3:34 pm

BX

Over the past 5 years, Blackstone (NYSE:BX) has significantly outperformed the market, with an annualized return of 28.14%, turning a $1000 investment into $3,479.74. Currently, Blackstone's market capitalization stands at $95.00 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:30 pm

CMC

Commercial Metals (NYSE:CMC) has delivered an average annual return of 25.3% over the past 5 years, outperforming the market by 13.24% on an annualized basis. With a current market capitalization of $6.48 billion, an investment of $1000 in CMC stock 5 years ago would be worth $3,130.72 today.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:30 pm

CADUSD=X

The CAD/USD exchange rate is trading lower due to the strengthening of the US dollar, which was influenced by mixed inflation data released this week.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 3:29 pm

EURUSD

EUR/USD is trading lower due to the dollar's rise following mixed inflation data this week.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 3:28 pm

AMZN

VCR

XLY

Amazon.com Inc (NASDAQ:AMZN) has significantly invested in robotics and AI across its European fulfillment centers, introducing over 1,000 new technologies and investing more than 700 million euros. This advancement has enriched over 50,000 jobs and created 700 new job categories, despite a reduction in its human workforce from 1.6 million in 2021 to 1.5 million. The deployment of over 750,000 robots aims to enhance efficiency, safety, and delivery speeds. Amazon's stock has seen a 92% increase over the last 12 months, with exposure available through ETFs like SPDR Select Sector Fund – Consumer Discretionary (NYSE:XLY) and Vanguard Consumer Discretion ETF (NYSE:VCR).

Portfolio Pulse from Anusuya Lahiri

April 12, 2024 | 3:27 pm

ULS

UL Solutions has set its IPO price at $28 per share, issuing 33.8 million shares. Early trading indicates a price of $34 on 1.8 million shares.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 3:19 pm

RNDRUSD

Render's cryptocurrency (RNDR) has seen a 3.57% decrease in price over the last 24 hours, continuing a negative trend with a 7.0% loss over the past week. The trading volume has decreased by 45.0%, while the circulating supply increased by 0.21%. Currently, RNDR's market cap ranks #41 at $3.29 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:03 pm

HBARUSD

Cryptocurrency Hedera (HBAR) experienced a 4.06% price decrease over the last 24 hours, marking a continuation of its 7% decline over the past week. The trading volume for HBAR has decreased by 9%, while its circulating supply increased by 5.55%, reaching 35.73 billion coins. This represents 71.47% of its maximum supply. Currently, Hedera's market cap is ranked #39, valued at $3.41 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:02 pm