Streetbeat News

Assets

MANH

Over the past 20 years, Manhattan Associates (NASDAQ:MANH) has significantly outperformed the market, with an average annual return of 19.76%, turning a $1000 investment into $36,857.25 today. The company now has a market capitalization of $15.50 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:30 pm

SPY

UNG

USA Natural Gas Storage decreased by 9 billion cubic feet, compared to the estimated decrease of 3 billion cubic feet and the prior decrease of 40 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:30 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has seen a significant amount of options trading activity, with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 8 unusual trades, with a split of 25% bullish and 75% bearish sentiment. The trades include 4 puts totaling $1,772,078 and 4 calls totaling $166,092, indicating a predicted price range of $20.0 to $38.0 for AFRM over the next three months. The trading volume and open interest suggest increased liquidity and interest in AFRM's options. The company's stock is currently down by -1.83%, with a trading volume of 2,508,136 and an RSI indicating it may be approaching oversold territory. An earnings announcement is expected in 54 days.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:16 pm

COIN

Coinbase Global announced the pricing of an upsized offering of $1.1 billion of 0.25% Convertible Senior Notes due 2030, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:13 pm

GLD

Gold prices have declined due to the strengthening of the dollar, which was influenced by a larger-than-expected increase in the February producer price index.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:07 pm

GRFS

Grifols plans to efficiently address its 2025 maturities in the first half of 2024, leveraging SRAAS disposal proceeds and other options. This strategy aims to achieve leverage levels conducive to an improvement in credit rating agencies' evaluations.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:03 pm

GRFS

Grifols announces its ongoing commitment to reducing leverage by improving EBITDA and through the proceeds from the sale of its 20% stake in Shanghai Raas (SRAAS) for $1.8 billion. The sale is on track to close in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:02 pm

SPY

USA Business Inventories for January remained unchanged at 0.0%, falling short of the 0.2% estimate and below the previous month's 0.3% increase.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:00 pm

ADSK

Over the past 15 years, Autodesk (NASDAQ:ADSK) has produced an average annual return of 21.81%, outperforming the market by 8.25% on an annualized basis. A $100 investment in ADSK 15 years ago would be worth $1,861.93 today, showcasing the impact of compounded returns on cash growth. Autodesk's current market capitalization stands at $55.35 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm

ASND

Over the past 15 years, Ascendis Pharma (NASDAQ:ASND) has produced an average annual return of 29.06%, outperforming the market. A $100 investment in ASND 15 years ago would now be worth $4,550.30. Ascendis Pharma currently has a market capitalization of $8.72 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm