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AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a 4.42% decrease in price over the last 24 hours, marking a continuation of its 16% decline over the past week. The trading volume for Avalanche has increased by 22%, and its circulating supply has risen by 0.17% to 377.85 million, representing 52.48% of its maximum supply. Currently, Avalanche's market cap ranks it 12th at $17.27 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:02 pm

BCHUSD

Bitcoin Cash (BCH) has seen a 5.35% increase in price over the last 24 hours, reaching $675.49, continuing a positive trend with a 9.0% gain over the past week from $616.0. The coin's all-time high is $3,785.82. Trading volume for BCH has increased by 48.0% over the past week, and its circulating supply has risen by 0.2% to 19.69 million, approximately 93.75% of its max supply. Currently, BCH's market cap ranks #14 at $13.29 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:02 pm

DOGE-USD

Dogecoin (CRYPTO: DOGE) has seen a 4.45% decrease in price over the last 24 hours, continuing a negative trend with a 19.0% loss over the past week. The trading volume has decreased by 46.0%, and the circulating supply has slightly decreased by 0.15%. Dogecoin's market cap ranking is currently #9 at $25.33 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:01 pm

ARR

ARMOUR Residential REIT (NYSE:ARR) has seen a 6.72% increase in short interest since its last report, with 3.80 million shares sold short, representing 8.74% of its float. This indicates a bearish market sentiment towards ARR, as it now has a higher short interest than most of its peers, with the peer group average at 6.14%. However, an increase in short interest can sometimes be bullish, suggesting potential for profit if the stock price increases.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

LLY

Eli Lilly and Co (NYSE:LLY) is analyzed in comparison to its competitors in the Pharmaceuticals industry, focusing on financial metrics, market position, and growth prospects. Eli Lilly shows a premium valuation with a high P/E, P/B, and P/S ratios compared to industry averages. Despite this, the company demonstrates strong profitability with a higher ROE and significant revenue growth. However, concerns are raised due to its lower EBITDA, gross profit, and a higher debt-to-equity ratio, indicating potential financial vulnerability and operational inefficiencies.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

SOLUSD

Solana (CRYPTO: SOL) has experienced a 6.5% decrease in price over the past 24 hours, continuing a weekly downward trend of -7.0%. The trading volume for Solana has increased by 92.0% over the past week, despite a 0.23% decrease in circulating supply. Solana's market cap ranking is currently #5 at $78.93 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:00 pm

CGDXF

GOLD

Barrick Gold Corp (NYSE:GOLD) is expanding its operations in Peru, targeting the Puno district amidst a surge in gold demand, with prices reaching $2,300 per ounce. The company, which has increased its gold reserves to 77 million ounces, is also focusing on projects in Nevada and globally, including strategic investments in copper. Barrick's expansion efforts come at a time when gold prices have risen by approximately 11% year-to-date, driven by geopolitical uncertainties and expectations of interest rate cuts by the Federal Reserve.

Portfolio Pulse from Stjepan Kalinic

April 05, 2024 | 2:50 pm

BTCUSD

Cryptocurrency analyst Rekt Capital predicts a market shift as Bitcoin approaches its fourth halving event on April 19. The analyst outlines three phases: the final pre-halving retrace, re-accumulation, and a parabolic uptrend. Bitcoin has recently pulled back by 18%, similar to past pre-halving retraces. The halving event, which reduces the reward for mining new blocks, historically impacts Bitcoin's price significantly. Other traders also anticipate positive outcomes from the halving.

Portfolio Pulse from Khyathi Dalal

April 05, 2024 | 2:50 pm

UBS

UBS CEO Ermotti announced that the first phase of stabilizing clients and employees at the bank has been completed. The next step involves a significant IT and data migration exercise, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:49 pm

LULU

Deep-pocketed investors show a divided sentiment on Lululemon Athletica (NASDAQ:LULU), with options trading data revealing an equal split between bullish and bearish positions. The trading activity, highlighted by Benzinga, includes significant options trades with a price window target of $340.0 to $450.0. Current stock performance shows a slight increase in price, with analysts maintaining positive ratings, suggesting a potential upside.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:46 pm