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Assets

AME

AMETEK (NYSE:AME) has delivered an average annual return of 16.87% over the past 20 years, outperforming the market by 9.05% annually. A $1000 investment in AME 20 years ago would be worth $22,689.81 today. AMETEK's market capitalization stands at $41.74 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 7:00 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a significant increase of 8.77% in its price over the last 24 hours, reaching $106.66. Over the past week, the cryptocurrency has risen over 13%, from $93.85. The trading volume surged by 115% in the same period, while the circulating supply decreased by 0.61%, with LTC's market cap ranking at #22 globally.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 7:00 pm

DOGE

SHIB

SOL

Ansem's Cat, a meme coin named after Solana influencer Ansem's cat, Hobbes, reached a $100M valuation in 24 hours. This surge is part of a broader 'cat mania' in the meme coin market, with cat-themed coins gaining traction and closing the valuation gap with dog-themed coins like Dogecoin and Shiba Inu. The market cap of cat coins has hit $1.9 billion, while dog coins are valued at $52 billion. Ansem has been instrumental in promoting Solana meme coins.

Portfolio Pulse from Ivan Crnogatić

April 02, 2024 | 6:58 pm

ETHUSD

Ethereum (ETH) is experiencing a significant downturn, with a 6% drop in the past 24 hours, trading around $3,250. Traders Altcoin Sherpa and ColdBloodedShiller have expressed pessimism regarding ETH's immediate future, noting its underperformance compared to Bitcoin and a crucial loss of the RSI 50 level. Analyst Ali Martinez predicts a further drop to $2,800 if the $3,400 support level fails. This downturn is part of a broader market correction ahead of the Bitcoin halving.

Portfolio Pulse from Ivan Crnogatić

April 02, 2024 | 6:56 pm

EC

MPC

PSX

Petroleum-related stocks, including EC, MPC, and PSX, are trading higher due to rising oil prices amid Middle East tensions, which have raised concerns about supply.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 6:45 pm

BTCUSD

COIN

The U.S. Government transferred 30,175 Bitcoin, valued at approximately $2 billion, to a wallet believed to be owned by Coinbase (NASDAQ:COIN) following the seizure of assets linked to the Silk Road. This move comes after a previous sale of Bitcoin by the government and has led to a slight downturn in Bitcoin's value, with market reactions and potential implications to be discussed at Benzinga's Future of Digital Assets conference.

Portfolio Pulse from Murtuza Merchant

April 02, 2024 | 6:39 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has significantly outperformed the market with an annualized return of 35.81% over the past 5 years, turning a $1000 investment into $7,644.36 today. The company now has a market capitalization of $5.47 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:30 pm

CNQ

Over the past 5 years, Canadian Natural Resources (NYSE:CNQ) has produced an average annual return of 21.67%, outperforming the market. A $100 investment in CNQ 5 years ago would now be worth $271.99. The company currently has a market capitalization of $82.84 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:30 pm

PEPEUSD

Cryptocurrency trader Altcoin Sherpa views Pepe (CRYPTO: PEPE) as a promising Ethereum meme coin for 2024-2025, despite a recent 9% drop. Pepe's liquidity, trading volume, and potential for price growth were highlighted, alongside concerns about competition from other meme coins. Pepe's market cap grew fivefold to nearly $3 billion, trailing behind Dogwifhat and Shiba Inu in market capitalization. The speculative nature of meme coin investments was emphasized, with a recent tweet from Bitget comparing Pepe's valuation to JPMorgan.

Portfolio Pulse from Khyathi Dalal

April 02, 2024 | 6:19 pm

AMGN

Financial analysis reveals unusual options activity on Amgen (NASDAQ:AMGN), with a bearish sentiment prevailing among traders. The analysis showed 81% bearish versus 18% bullish trades, focusing on a price target range of $250.0 to $320.0. The largest trades included both calls and puts, with significant open interest and volume observed. Amgen, a biotechnology leader, has a diverse portfolio of therapeutics and a recent acquisition enhancing its rare disease drug offerings. The stock is currently trading at $283.36, with a neutral RSI and an upcoming earnings report in 23 days.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 6:15 pm