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Assets

JEF

Jefferies Financial Group has announced the pricing of $1.50 billion in senior notes at a 6.200% interest rate, due in 2034. This move indicates the company's strategy for raising capital and managing its long-term debt profile.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 9:34 pm

MRNA

Moderna (NASDAQ:MRNA) has significantly outperformed the market with an annualized return of 22.81% over the past 5 years, turning a $1000 investment into $4,141.25 today. The company's market capitalization stands at $40.98 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 9:30 pm

AZO

AutoZone (NYSE:AZO) has significantly outperformed the market with an average annual return of 19.44% over the past 20 years, turning a $1000 investment into $36,388.24 today. The company's market capitalization stands at $52.03 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 9:30 pm

JELD

JELD-WEN announced plans to close its manufacturing facilities in Vista, California, and Hawkins, Wisconsin, as part of changes to its North America window operations. The company anticipates one-time costs of about $45 million from these closures but expects to see annual pre-tax income improvements of at least $11 million. Updates on the closures will be provided in the quarterly earnings call on May 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 9:19 pm

BJ

BJ's Wholesale Club (NYSE:BJ) has significantly outperformed the market with an average annual return of 22.13% over the past 5 years, growing a $1000 investment to $2,713.25. The company now has a market capitalization of $10.42 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 9:00 pm

MANH

Manhattan Associates (NASDAQ:MANH) has significantly outperformed the market with an annualized return of 20.65% over the past 5 years, resulting in an average annual return of 32.93%. A $100 investment in MANH 5 years ago would now be worth $417.82, showcasing the impact of compounded returns on investment growth. The company currently holds a market capitalization of $14.75 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 9:00 pm

ARBUSD

ETHUSD

Altcoin Sherpa, a cryptocurrency trader, has a bearish outlook on Arbitrum (ARB), predicting its price could drop to $1.20 or lower due to losing the 200-day EMA, a key bearish signal. Despite BitGo's support for Arbitrum and its status as a leading Layer 2 technology for Ethereum, Sherpa's analysis suggests caution for traders and investors. Arbitrum's market share is also declining amidst competition, even as it remains a significant player in Ethereum's Layer 2 ecosystem.

Portfolio Pulse from Khyathi Dalal

April 11, 2024 | 8:50 pm

BMY

Whales have shown a predominantly bearish stance on Bristol-Myers Squibb (BMY), with options trading data revealing 80% bearish sentiment through puts totaling $525,443 versus calls at $29,800. The targeted price range is between $40.0 to $70.0. BMY's current market position shows a trading volume of 11,739,521, with a price decrease of -2.29%, and an RSI indicating potential oversold status. An earnings announcement is expected in 14 days.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:46 pm

AMAT

Applied Materials (NASDAQ:AMAT) has seen significant options activity, indicating a bullish sentiment among big-money investors, with a split of 60% bullish and 40% bearish. The activity includes 15 uncommon trades, with a focus on calls over puts, suggesting expectations of a price range between $155.0 to $310.0. The largest trades observed show a bullish outlook with varying expiration dates. Applied Materials, a leading semiconductor equipment manufacturer, has seen its stock price increase by 1.78% to $212.98, with an analyst from Cantor Fitzgerald setting a target price of $260.0.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:32 pm

AMT

American Tower (NYSE:AMT) has delivered an average annual return of 14.0% over the past 20 years, outperforming the market by 6.04% annually. A $100 investment in AMT 20 years ago would now be worth $1,374.15, showcasing the impact of compounded returns on investment growth. American Tower currently has a market capitalization of $83.42 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:30 pm