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Assets

AXP

Over the past 15 years, American Express (NYSE:AXP) has produced an average annual return of 19.42%, outperforming the market by 6.4%. A $100 investment in AXP 15 years ago would be worth $1,499.67 today. The company's current market capitalization stands at $163.18 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:00 pm

JD

Financial analysis of JD.com (NASDAQ:JD) reveals unusual options activity, with a bearish sentiment prevailing among significant investors. The analysis shows 11 unusual trades, with 36% bullish and 63% bearish tendencies. The trades include 3 puts valued at $941,595 and 8 calls valued at $770,355. The predicted price range for JD.com over the next three months is between $24.0 and $35.0. The volume and open interest of calls and puts within this price range have been analyzed for the last 30 days. Additionally, JD.com's current market standing shows a slight price decrease with a potential overbought situation. Expert opinions vary, with an average target price of $33.4, ranging from neutral to buy ratings.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:46 pm

BTCUSD

Economist Peter Schiff criticized Bitcoin following a 6% drop, contrasting its volatility with the stability of gold. Schiff's comments highlight the ongoing debate between Bitcoin and gold as investment assets. He also pointed out the risk for ETF investors who are 'trapped' until the market opens, following such sudden drops in asset prices.

Portfolio Pulse from Ivan Crnogatić

April 02, 2024 | 3:45 pm

FXI

SPY

U.S. Treasury Secretary Janet Yellen is set to discuss the global economic impacts of Chinese industrial overcapacity in upcoming meetings with Chinese officials. Yellen aims to gain insights into China's property market developments and the country's latest growth targets.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:42 pm

DOGE-USD

Cryptocurrency trader Altcoin Sherpa views Dogecoin (DOGE) as a viable buy-and-hold investment despite recent dips in the crypto market. He highlights Dogecoin's liquidity and the potential for significant price increases due to the 'Elon Musk effect' as pros, while noting the cons as lower potential gains compared to the last cycle and other meme coins having more room to grow. Dogecoin has seen a 30% monthly and 125% yearly increase, reaching the eighth spot in cryptocurrency rankings with a valuation of $26.1 billion. Despite a recent 10% market correction, Sherpa predicts Dogecoin could triple in value in the long term (6 months+), emphasizing its role as a leading meme coin.

Portfolio Pulse from Khyathi Dalal

April 02, 2024 | 3:34 pm

BLK

IVV

SPY

STT

VOO

Federal regulators are scrutinizing BlackRock Inc (BLK), State Street Corp (STT), and Vanguard for their large holdings in U.S. banks, which exceed 10% of shares in several cases. This level of ownership is considered a controlling interest, raising concerns at the FDIC about potential undue influence over banks. The fund managers, known for their passive investment strategies, are under investigation to ensure they do not leverage their significant stakes to exert control over FDIC-regulated banks. BlackRock, Vanguard, and State Street manage major ETFs tracking the S&P 500 and hold significant positions in major banks like JPMorgan Chase, Bank of America, and Wells Fargo.

Portfolio Pulse from Neil Dennis

April 02, 2024 | 3:33 pm

AMD

Advanced Micro Devices (NASDAQ:AMD) has seen unusual options activity, with a bearish sentiment prevailing among big-money traders. Benzinga's options scanner revealed 64 uncommon trades, with a split sentiment of 34% bullish and 65% bearish. The trades target a price range of $65.0 to $300.0 for AMD over the next 3 months. The company, known for its CPUs and GPUs, recently acquired FPGA leader Xilinx. AMD's stock is currently down by -3.83%, with a trading volume of 26,012,581 and a neutral RSI. Analyst ratings in the last month have varied, with an average target price of $225.0.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:31 pm

WPM

Wheaton Precious Metals (NYSE:WPM) has delivered an average annual return of 15.28% over the past 5 years, outperforming the market by 2.9% annually. With a current market capitalization of $22.00 billion, an initial investment of $100 in WPM 5 years ago would be worth $207.17 today.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:30 pm

TGT

Over the past 5 years, Target (NYSE:TGT) has outperformed the market with an annualized return of 16.54%, turning a $100 investment into $217.59. Target's market capitalization stands at $81.31 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:30 pm

HSBC

HSBC Holdings Plc is considering the sale of its wealth-management, custody, and fund administration units in Germany as part of its strategy to focus more on its core Asian operations. The review is in its early stages, and there's no guarantee of a sale. This move aligns with HSBC's recent trend of exiting non-core businesses and markets, including North America and French retail operations. The bank's German fund administration business, Inka, manages approximately €400 billion in assets. HSBC's German private banking activities generated about $90 million in revenue in 2023.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:23 pm