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SOLUSD

WIF

A cryptocurrency trader, Blockgraze, sold 25% of their Dogwifhat (WIF) holdings for $1.65 million, converting the proceeds into Solana (SOL). Despite the global crypto market's downturn, Dogwifhat has seen significant gains, with its valuation reaching $3 billion. The token's resilience is highlighted by its recent $650,000 fundraising for a Las Vegas sphere display. Additionally, an NFT featuring the 'dog with hat' is being auctioned, currently bidding at 6.942 ETH.

Portfolio Pulse from Khyathi Dalal

March 15, 2024 | 6:36 pm

DLTR

Dollar Tree (NASDAQ:DLTR) has delivered an average annual return of 15.9% over the past 15 years, outperforming the market by 2.98% on an annualized basis. A $100 investment in DLTR 15 years ago would be worth $925.74 today, showcasing the impact of compounded returns over time. Dollar Tree's current market capitalization stands at $27.25 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:30 pm

NFLX

Over the past 20 years, Netflix (NASDAQ:NFLX) has significantly outperformed the market, with an annualized return of 20.45% and an average annual return of 28.44%. A $1000 investment in NFLX 20 years ago would be worth $145,523.12 today. Netflix's market capitalization currently stands at $269.53 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:30 pm

USO

The latest report indicates an increase in the gas rig count by 1 from last week, bringing the total to 116. Similarly, the oil rig count has risen by 6 from the previous week, reaching a total of 510. This data suggests a potential uptick in production activities within the energy sector.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 6:28 pm

BTCUSD

NFL player Russell Okung became the first athlete in North American major sports to receive part of his salary in Bitcoin, converting 50% of his $13 million salary in 2020 through Zap's Strike product. Assuming the conversion rate was $27,370.72 per Bitcoin, Okung's Bitcoin salary would now be worth $16,149,663.21, based on a current price of $68,004.28 per Bitcoin. Okung, known for his passion for Bitcoin, continues to support it on social media.

Portfolio Pulse from Chris Katje

March 15, 2024 | 6:25 pm

HKIT

Hitek Global's (NYSE:HKIT) short interest has significantly increased by 6966.67% since the last report, with 488 thousand shares sold short, representing 8.48% of its float. This indicates a bearish market sentiment towards HKIT, although it doesn't necessarily predict a price drop. HKIT's short interest is higher than its peer group average of 6.16%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:15 pm

DBC

DIA

QQQ

SPY

TLT

XLB

XLE

XLK

Wall Street experienced a risk-off sentiment due to high producer inflation figures, affecting major stock indices and cryptocurrencies. The Nasdaq 100 trailed, while small caps and energy stocks avoided losses. The VIX was up 5%, and the iShares 20+ Year Treasury Bond ETF (TLT) fell nearly 3%. Bitcoin dropped to $68,000. Commodities, especially industrial metals and oil, saw gains, with the Invesco DB Commodity Index Tracking Fund (DBC) poised for its best week since January 2024. Major ETFs like SPY, DIA, and QQQ fell, while sector-specific ETFs like XLE and XLB saw gains. Individual stocks like SCCO, JBL, Z, COMP, RDFN, ADBE, GERN, and CSGP had notable movements.

Portfolio Pulse from Piero Cingari

March 15, 2024 | 6:12 pm

VEEV

Deep-pocketed investors have shown a predominantly bearish sentiment towards Veeva Systems (NYSE:VEEV), with unusual options activity detected. The activity includes 8 notable options trades, with a bearish majority of 87%. The targeted price range for VEEV by these investors is between $100.0 and $240.0. Currently, VEEV's stock is slightly down by -0.58% at $231.12, with an anticipated earnings release in 75 days. Industry analysts have set an average target price of $243.4 for VEEV, with ratings ranging from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:00 pm

SSNC

Over the past decade, SS&C Techs Hldgs (NASDAQ:SSNC) has delivered an average annual return of 11.59%, outperforming the market. A $100 investment in SSNC 10 years ago would now be worth $301.38. The company currently has a market capitalization of $15.42 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:00 pm

TTD

Trade Desk (NASDAQ:TTD) has significantly outperformed the market with an average annual return of 30.09% over the past 5 years, turning a $100 investment into $376.12 today. The company's market capitalization stands at $37.48 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:00 pm