Streetbeat News

Assets

XPON

Expion360 reported that its cash and cash equivalents totaled $3.9 million at the end of December, with a net loss of $2.2 million for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:13 pm

CDE

EQX

GDX

GDXJ

Gold prices reached a new all-time high of over $2,220 an ounce, marking the best monthly performance since July 2020 with an 8.5% increase in March 2024. This surge, driven by anticipation of interest rate cuts and increased central bank purchases, significantly boosted gold mining stocks. The VanEck Gold Miners ETF (GDX) saw a 20% increase, its best since November 2020. Top performers included Equinox Gold Corp. (EQX), Coeur Mining, Inc. (CDE), and others, with notable gains also in the VanEck Junior Gold Miners ETF (GDXJ) portfolio.

Portfolio Pulse from Piero Cingari

March 28, 2024 | 8:12 pm

MPWR

Over the past 15 years, Monolithic Power Systems (NASDAQ:MPWR) has produced an average annual return of 27.76%, outperforming the market by 14.81% annually. A $100 investment in MPWR 15 years ago would be worth $3,934.40 today. The company currently has a market capitalization of $32.76 billion.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:00 pm

CI

Over the past 20 years, Cigna Group (NYSE:CI) has produced an average annual return of 14.95%, outperforming the market by 7.07% annually. With a current market capitalization of $103.06 billion, a $1000 investment in CI 20 years ago would be worth $16,189.34 today.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:00 pm

GOOGL

Market whales have shown a bearish stance on Alphabet (NASDAQ:GOOGL) through recent options trades, with a sentiment split of 42% bullish and 57% bearish. A total of 82 uncommon options trades were spotted, including 20 puts and 62 calls, indicating a price window from $68.0 to $190.0 for GOOGL. The largest trades observed were mostly bearish, with significant volumes and open interests. Alphabet's current trading volume is 11,612,541, with a slight price decrease of -0.05%, currently at $150.79. Analysts from Wedbush and Wells Fargo have set target prices of $175 and $144, respectively.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:46 pm

LEN

Over the past 10 years, Lennar (NYSE:LEN) has produced an average annual return of 15.8%, outperforming the market by 5.05% annually. A $100 investment in LEN a decade ago would now be worth $434.31. Lennar's current market capitalization stands at $47.00 billion.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:30 pm

VEEV

$1000 invested in Veeva Systems (NYSE:VEEV) 10 years ago would now be worth $8,849.37, showcasing an annualized return of 24.32% and outperforming the market. Veeva Systems currently has a market cap of $37.65 billion.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 7:30 pm

CEIX

COAL

IYM

The collapse of the Francis Scott Key Bridge, leading to the shutdown of the Port of Baltimore, has caused a rise in coal prices and impacted the stock prices of the Range Global Coal ETF (COAL) and Consol Energy Inc (CEIX). The port, a major coal export hub, accounts for 28% of U.S. coal exports, significantly affecting coal export volumes. The incident also impacts metal imports and has led to a rise in aluminum futures, affecting the iShares U.S. Basic Materials ETF (IYM).

Portfolio Pulse from Neil Dennis

March 28, 2024 | 7:24 pm

SLV

Silver prices are on the rise as expectations for rate cuts fuel an increase in precious metals trading.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:12 pm

GLD

Gold prices are on the rise, driven by expectations of interest rate cuts. This trend has been observed throughout the current year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:11 pm