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Assets

SE

Sea (NYSE:SE) has significantly outperformed the market over the past 5 years, with an average annual return of 19.56%, turning a $100 investment into $237.39 today. The company's market capitalization stands at $31.05 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 9:00 pm

FANG

XLE

Energy stocks, led by the energy sector's strong performance in the S&P 500, are in the 'early innings' of a bullish trend, according to Tracey Ryniec, Value Stock Strategist at Zacks. Ryniec anticipates a shift from mega-cap tech to value stocks, including energy, driven by the price of West Texas Intermediate (WTI) crude oil stabilizing between $80 and $90 per barrel. Diamondback Energy, Inc. (FANG) and the SPDR Energy Select Sector Fund ETF (XLE) are highlighted as key assets to watch, with FANG trading at all-time highs and XLE gaining over 13% in Q1 2024.

Portfolio Pulse from Erica Kollmann

April 02, 2024 | 8:53 pm

GLD

IAU

IEFA

SCHH

SGOL

VEA

VNQ

U.S. national debt is predicted to rise in the next decade, with 88% of scenarios showing an increase in debt as a percentage of GDP. Concerns over this unsustainable debt growth have led investors to seek safe havens like gold, Bitcoin, and real estate ETFs. Bank of America's Michael Hartnett links rising gold and Bitcoin values to debt worries. ETFs like SPDR Gold Trust, iShares Gold Trust, and Abrdn Physical Gold Shares ETF have seen significant gains. Real estate and foreign asset ETFs are also considered safe investments amid U.S. fiscal instability.

Portfolio Pulse from Natan Ponieman

April 02, 2024 | 8:48 pm

BTCUSD

Bitcoin's price fell by 5.6% to $65,580 ahead of the halving event, with $135.3 million in long positions liquidated. Despite high interest rates, this drop seems unrelated to the Fed's upcoming decision. Trading volume surged by 40%, with significant activity in USDT and FDUSD pairs. In South Korea, Bitcoin's price reached $71,295. The market saw $354.20 million in long position liquidations. These topics are expected to be discussed at Benzinga's Future of Digital Assets conference.

Portfolio Pulse from Murtuza Merchant

April 02, 2024 | 8:40 pm

USO

The API reported a weekly crude oil stock draw of 2.286 million barrels, slightly above the estimated 2 million barrel draw. This indicates a higher than expected decrease in crude oil inventories.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:33 pm

FN

Over the past decade, Fabrinet (NYSE:FN) has significantly outperformed the market, yielding an average annual return of 24.65%. A $100 investment in FN 10 years ago would now be worth $912.90. Fabrinet's market capitalization currently stands at $6.73 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 8:30 pm

ADSK

Over the past 10 years, Autodesk (NASDAQ:ADSK) has produced an average annual return of 18.09%, outperforming the market by 7.24% on an annualized basis. With a current market capitalization of $53.20 billion, a $1000 investment in ADSK 10 years ago would be worth $5,338.27 today. This highlights the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 8:30 pm

BONK

SOL

WIF

Pseudonymous cryptocurrency trader Altcoin Sherpa views Bonk (CRYPTO: BONK) as having a better potential upside compared to other meme coins despite its recent 11% monthly loss. Bonk maintains good liquidity and could reclaim its top Solana meme coin position with certain catalysts. However, Dogwifhat (CRYPTO: WIF) has overtaken Bonk as the top meme coin on Solana. Despite the challenges, Bonk has seen a significant yearly gain of 3,539.6% and recently burned 2.5 billion BONK tokens. The future of meme coins and Bitcoin as an institutional asset will be discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Khyathi Dalal

April 02, 2024 | 8:12 pm

ONMD

OneMedNet has entered into a securities purchase agreement as of March 28, which will provide the company with up to $4.54 million in funding. This financial injection comes through a private placement of senior convertible notes.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:12 pm

LUNG

Pulmonx Corporation (NASDAQ:LUNG) announced the appointment of Mehul Joshi as Chief Financial Officer, effective April 3, 2024. Joshi, with over 30 years of experience in finance and strategic planning, succeeds John McKune. His background includes roles at Gilead Sciences, ResMed Inc., and PhenomeX Inc., highlighting his capability to lead global finance teams and contribute to Pulmonx's growth strategies.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:09 pm