Streetbeat News

Assets

HUBB

Over the past 5 years, Hubbell (NYSE:HUBB) has outperformed the market with an annualized return of 28.49%, growing a $100 investment to $352.43. Hubbell's market capitalization stands at $22.15 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:00 pm

MRNA

Over the past 5 years, Moderna (NASDAQ:MRNA) has significantly outperformed the market with an annualized return of 27.27%, averaging 40.24% annually. A $100 investment in MRNA 5 years ago would now be worth $561.44. Moderna's current market capitalization stands at $42.31 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:00 pm

INTU

Benzinga's options scanner detected unusual options activity for Intuit (NASDAQ:INTU), with over 16 trades amounting to $1,132,096. The focus is on a price band between $600.0 and $900.0. Significant trades include both bearish and bullish sentiments, with the most activity around the $600 strike price. Intuit's stock is currently down -0.72% at $639.09, with neutral RSI indicators. The next earnings report is expected in 57 days.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 8:45 pm

MGM

MGM Resorts has announced a public offering of $750 million in aggregate principal amount of 6.500% senior notes due 2032, priced at par. The transaction is slated to close on April 9, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:38 pm

COIN

Dogwifhat (CRYPTO: WIF) surged 15%, challenging Floki Inu (CRYPTO: FLOKI) in valuation, with a notable increase in trading volumes and social activity. Investor Jake Gagain suggests Coinbase should list WIF, while MaxBecauseBTC, a financial market analyst, holds WIF as his largest meme coin investment, praising its performance. The upcoming Benzinga's Future of Digital Assets conference will discuss digital asset investments, highlighting the growing interest in meme coins like Dogwifhat.

Portfolio Pulse from Khyathi Dalal

March 25, 2024 | 8:36 pm

STRO

Sutro Biopharma reported a Fiscal Year 2023 Earnings Per Share (EPS) of $(1.78) and announced its cash position as of December 31 to be $333.7 million.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:33 pm

NUE

Over the past 5 years, Nucor (NYSE:NUE) has outperformed the market with an annualized return of 27.35%, turning a $1000 investment into $3,392.57 today. Nucor's market capitalization stands at $47.06 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 8:30 pm

DAL

Over the past 15 years, Delta Air Lines (NYSE:DAL) has produced an average annual return of 14.93%, outperforming the market by 1.6% on an annualized basis. A $100 investment in DAL 15 years ago would be worth $841.11 today. Delta Air Lines currently has a market capitalization of $29.31 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 8:30 pm

BKKT

Bakkt has updated its FY24 outlook, projecting revenues to range between $3,292M and $5,114M, with a significant portion coming from crypto. Operating cash flow usage is expected to decrease by approximately 70% YoY, landing between $58M and $72M. The company anticipates end-of-year cash and equivalents to be between $35M and $50M.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:27 pm

BTCUSD

Thomas Lee, co-founder of Fundstrat Global Advisors, accurately predicted Bitcoin's rise in 2018, suggesting it could reach $150,000 by capturing 1% of global assets. As of 2024, Bitcoin has surpassed $70,000, reflecting its increasing acceptance and role in financial portfolios. Lee's insights will be discussed at Benzinga's Future of Digital Assets conference, highlighting the growing market cap of cryptocurrencies and their appeal as an uncorrelated asset class for diversification.

Portfolio Pulse from Murtuza Merchant

March 25, 2024 | 8:26 pm