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FBTC

GBTC

IBIT

Bitcoin spot ETFs experienced a net outflow of $85.84 million on April 1, with Grayscale's GBTC seeing a $302 million outflow, while BlackRock's IBIT and Fidelity's FBTC enjoyed inflows of $165 million and $43.99 million, respectively. Despite this, Bitcoin spot ETFs have seen over $12 billion in net inflows year-to-date. A Coinshares report indicates a recovery in investor sentiment with $862 million in inflows last week, despite a slowdown in ETF activity and a regional divergence in investment trends.

Portfolio Pulse from Murtuza Merchant

April 02, 2024 | 2:33 pm

MOH

Molina Healthcare (NYSE:MOH) has delivered an average annual return of 15.54% over the past 20 years, turning a $100 investment into $1,815.24 today. With a current market cap of $22.86 billion, MOH's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:30 pm

BSX

Boston Scientific (NYSE:BSX) has seen a 21.88% increase in short interest since its last report, with 11.48 million shares sold short, representing 0.78% of its float. The current short interest suggests a bearish market sentiment, although it's lower than the peer group average of 4.09%. The article highlights the importance of tracking short interest as an indicator of market sentiment and suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:15 pm

LDOS

Leidos Holdings (NYSE:LDOS) has seen a decrease in short interest, now at 0.95% of float, lower than its peer group average of 3.34%. This reduction from 965 thousand shares suggests a more bullish market sentiment towards LDOS, with a short covering time of 1.16 days.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:15 pm

FCX

Freeport-McMoRan (NYSE:FCX) has seen unusual options activity, with a bullish sentiment from high-rolling investors, as tracked by Benzinga. The activity includes 23 options trades, predominantly calls, indicating a price target range of $44.0 to $55.0. The most significant trades are bullish calls with expiration dates ranging from 2024 to 2025. The current market price of FCX is $47.74, with an RSI suggesting it may be overbought. The company's next earnings report is expected in 21 days.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

SPY

The USA Durables Excluding Defense (MoM) for February reported a slight decrease to 2.1% from the previous 2.2%.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:00 pm

MEDP

Medpace Holdings (NASDAQ:MEDP) has significantly outperformed the market with an annualized return of 33.11% over the past 5 years, resulting in an average annual return of 45.48%. A $1000 investment in MEDP 5 years ago would be worth $6,523.83 today. Medpace Holdings currently has a market capitalization of $12.24 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

PANW

Over the past 10 years, Palo Alto Networks (NASDAQ:PANW) has delivered an average annual return of 29.12%, outperforming the market by 18.29% annually. With a current market capitalization of $88.85 billion, an initial investment of $100 in PANW stock a decade ago would be worth $1,357.60 today.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

SPY

USA Factory Orders for February increased by 1.4%, surpassing the estimated 1.1% and showing a significant improvement from the previous -3.8%. This indicates a stronger manufacturing sector than expected.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:00 pm

LSCC

Lattice Semiconductor (NYSE:LSCC) has seen a 4.03% increase in short interest, now at 12.65% of its float, indicating a bearish market sentiment. With 13.14 million shares sold short and a 6.79-day average to cover, it's important for traders to note the heightened short activity. Compared to its peers, LSCC has a significantly higher short interest, suggesting more bearish sentiment towards it than its industry counterparts.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 1:45 pm