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DOGE-USD

Dogecoin (CRYPTO: DOGE) has seen a 6.3% price decrease in the last 24 hours, continuing a negative trend with a 9.0% loss over the past week. The trading volume has decreased by 23.0%, while the circulating supply increased by 0.69%, bringing the total to 143.57 billion. Dogecoin's market cap ranking is now #10 at $21.03 billion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:02 pm

BTCUSD

Bitcoin (BTC) experienced a 6.19% decrease in price over the last 24 hours, marking a continuation of its 8.0% decline over the past week. The current price stands at $62,770.00. This downward trend is accompanied by a 52.0% drop in trading volume and a slight decrease in circulating supply to 19.66 million, which is 93.62% of its max supply. Bitcoin's market cap remains the highest at $1.23 trillion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:02 pm

ETHUSD

Ethereum (CRYPTO: ETH) has seen a 6.7% decrease in price over the last 24 hours, continuing a downward trend of -10.0% over the past week. The trading volume for Ethereum has decreased by 50.0%, while its circulating supply has increased by 0.98%. Ethereum's market cap ranking is currently #2 at $396.11 billion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:01 pm

KMX

CarMax (NYSE:KMX) has seen a decrease in short interest, with 18.24 million shares sold short, representing 11.59% of its float. This is below the peer group average of 12.73%. The reduction in short interest suggests a more bullish sentiment among investors towards KMX.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:00 pm

COST

Costco Wholesale's (NYSE:COST) short interest has increased by 10.85% since the last report, with 6.32 million shares sold short, representing 1.43% of available shares. It would take approximately 3.44 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but Costco has less short interest compared to its peer group average of 5.25%. This suggests a mixed sentiment among investors regarding Costco's stock.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:00 pm

SOLUSD

Solana (CRYPTO: SOL) has seen a significant price drop of 10.35% in the last 24 hours, bringing its price down to $168.65. This decline is part of a negative trend over the past week, with a total loss of 7.0% from its previous price of $181.92. The trading volume for Solana has decreased by 63.0% over the past week, while its circulating supply has increased by 1.44% to over 444.08 million. Currently, Solana's market cap ranks it 5th at $74.93 billion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:00 pm

IYE

XLE

XOM

Exxon Mobil Corporation (NYSE:XOM) is on track to double its LNG portfolio to 40 million tons per annum by 2030, ahead of schedule. The company aims to focus on selling its own gas, differentiating itself from competitors like Shell and Total. This expansion is part of a broader corporate reorganization started in 2022. Exxon's LNG production is nearing 30 mtpa, with significant growth expected from the Golden Pass LNG project. Investors can gain exposure to Exxon through SPDR Select Sector Fund – Energy Select Sector (NYSE:XLE) and iShares U.S. Energy ETF (NYSE:IYE).

Portfolio Pulse from Lekha Gupta

March 22, 2024 | 2:54 pm

ASML

BABA

BIDU

NVDA

Huawei Technologies Co and a Chinese chipmaking partner have developed a patent for self-aligned quadruple patterning (SAQP), potentially bypassing the need for ASML Holding NV's EUV lithography machines, which are restricted from sale to China by US export controls. This development could allow for the production of advanced semiconductors without ASML's technology. Following this news, ASML's stock price fell. Additionally, Huawei's advancements in semiconductor technology and strategic moves, such as outbidding Nvidia Corp for a significant AI chip order from Baidu Inc, alongside Alibaba Group Holding Limited's reported plans to reduce Nvidia chip orders, highlight a shift in the semiconductor landscape.

Portfolio Pulse from Anusuya Lahiri

March 22, 2024 | 2:30 pm

ARKK

SARK

TARK

Elon Musk expressed astonishment at Cathie Wood's prediction of accelerated global GDP growth due to disruptive innovation. Wood, through ARK Invest, forecasts a jump in GDP growth rates from 3% to 6-8% over the next 15-20 years, driven by technologies like AI. Despite ARK Invest's focus on disruptive innovation, its flagship fund, ARK Innovation ETF (ARKK), has underperformed compared to the S&P 500 since April 2022. Conversely, the AXS Short Innovation Daily ETF (SARK), which bets against disruptive innovation, tracks the performance of the AXS 2X Innovation ETF (TARK) inversely.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 2:30 pm

GBTC

IBIT

Bitcoin spot ETFs are experiencing net outflows for four consecutive days, with Grayscale Bitcoin Trust (GBTC) seeing a significant outflow, while BlackRock's IBIT ETF records a substantial inflow. This trend highlights investor caution and varying confidence in Bitcoin ETFs.

Portfolio Pulse from Murtuza Merchant

March 22, 2024 | 2:28 pm