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EXPE

Expedia Group (NASDAQ:EXPE) has delivered an average annual return of 19.15% over the past 15 years, outperforming the market by 6.14% on an annualized basis. With a current market capitalization of $18.00 billion, a $100 investment in EXPE 15 years ago would be worth $1,371.31 today.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:00 pm

RBC

Over the past 15 years, RBC Bearings (NYSE:RBC) has produced an average annual return of 19.89%, outperforming the market by 6.87% annually. With a current market capitalization of $7.86 billion, a $1000 investment in RBC Bearings 15 years ago would now be worth $15,801.50. This showcases the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:00 pm

PENN

PENN Entertainment (NASDAQ:PENN) has seen a significant surge in options activity, with a mix of bearish and bullish sentiments among big-money traders. The options scanner revealed 8 unusual trades, split between puts and calls, indicating a targeted price range of $16.5 to $22.5. The company operates 43 properties across 20 states, with a focus on land-based casinos and digital wagering markets. Despite a recent price drop of -2.57% to $17.8, analysts have a positive outlook, with an average target price of $29.0.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:46 pm

MCD

Financial analysts have observed a significant bullish trend in McDonald's (NYSE:MCD) options trading, with 69% of trades being bullish. The analysis highlighted a focus on a price range between $270.0 and $320.0 for McDonald's, based on unusual trading activity. The largest trades were call options, indicating a strong bullish sentiment towards MCD. McDonald's, a global leader in the fast-food industry, has a current stock price of $279.5, slightly down by -0.26%. The next earnings report is expected in 28 days, and the current RSI values suggest the stock may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:45 pm

BLK

STT

Banking regulators are scrutinizing BlackRock Inc (NYSE:BLK), Vanguard, and State Street Corporation (NYSE:STT) for adherence to passive investing mandates in U.S. banks. These firms, managing over $23 trillion, hold significant shares in numerous banks, raising concerns about their influence. The FDIC is considering stricter oversight, with bipartisan support for enhanced monitoring and potential investment restrictions. BlackRock and Vanguard argue that existing arrangements are sufficient, opposing further regulation.

Portfolio Pulse from Vandana Singh

April 02, 2024 | 4:36 pm

RMBS

Over the past decade, Rambus (NASDAQ:RMBS) has delivered an average annual return of 18.23%, outperforming the market by 7.41%. A $100 investment in RMBS 10 years ago would now be worth $536.38, showcasing the impact of compounded returns on investment growth. Rambus currently has a market capitalization of $6.62 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:30 pm

LULU

Lululemon Athletica (NASDAQ:LULU) has significantly outperformed the market over the past 15 years, with an average annual return of 33.64%, turning a $100 investment into $8,276.29 today. The company's market capitalization stands at $47.88 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:30 pm

ARB

WIF

David Hoffman, co-founder of DAO Bankless, expressed disbelief at Dogwifhat's (WIF) market performance surpassing Ethereum-tethered Layer-2 blockchains like Arbitrum (ARB), despite Arbitrum's verifiable cash flows. The discussion highlights the ongoing debate in the cryptocurrency community about the value of meme coins versus more fundamentally grounded cryptocurrencies. Dogwifhat's price increased by 26.5% over the past week, while Arbitrum saw a 13.5% decline, bringing their market capitalizations to $4 billion and $3.9 billion, respectively.

Portfolio Pulse from Ivan Crnogatić

April 02, 2024 | 4:21 pm

XOM

Deep-pocketed investors have shown a bullish sentiment towards Exxon Mobil (NYSE:XOM), with a significant move detected by Benzinga's options scanner. The scanner highlighted 32 extraordinary options activities, with a majority being bullish. The trading volumes and open interest suggest a focus on a price band between $95.0 and $150.0 for Exxon Mobil. The largest options trades observed include both bullish and bearish sentiments, with calls dominating the activities. Exxon Mobil is an integrated oil and gas company with significant production and refining capacities. Currently, the stock is up by 0.85%, with a trading volume of 8,595,257 and an RSI indicating potential overbought conditions. Analysts have set an average price target of $125.0 for Exxon Mobil.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:15 pm

SPY

Fed's Mester has adjusted the longer-run funds rate outlook to 3% from the previous 2.5%, but still anticipates rate cuts later this year. She believes there's no case for a rate cut at the next Fed meeting, stating Fed policy is well-positioned to handle economic risks.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 4:09 pm