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BTCUSD

DOGEUSD

ETHUSD

The global cryptocurrency markets are trading lower due to Mt Gox repayments, Germany transferring Bitcoin, and a spike in short liquidations. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies experiencing declines. Notable statistics include a surge in large Bitcoin transactions and exchange netflows, and significant short liquidations. Key developments include Mt. Gox beginning repayments and Justin Sun offering to buy Bitcoin off-market from the German government.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 8:43 pm

AMZN

DIS

MANU

PARA

SSP

Disney CEO Bob Iger is nearing a deal to acquire a controlling stake in the women's soccer team Angel City FC, potentially making it the most valuable women's sports team in the world. The deal could impact Disney's media rights with the NWSL.

Portfolio Pulse from Chris Katje

July 05, 2024 | 8:30 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.21%. A $1000 investment in DXCM 5 years ago would now be worth $3,122.92. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:30 pm

MOD

Modine Manufacturing (NYSE:MOD) has significantly outperformed the market over the past decade, delivering an average annual return of 21.38%. A $1000 investment in MOD 10 years ago would now be worth $6,858.79. The company's current market capitalization is $5.60 billion.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:30 pm

PAC

Grupo Aeroportuario del Pacífico (NYSE:PAC) reported a 1.9% decrease in passenger traffic for June 2024 compared to June 2023. While Puerto Vallarta and Guadalajara airports saw slight increases, Tijuana and Los Cabos experienced declines.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:25 pm

BTCUSD

Fred Krueger and Ash Crypto discuss the potential impact of Mt Gox repayments and sales in Germany on Bitcoin's market cap. Krueger estimates a significant price drop if $4 billion worth of Bitcoin is sold, while Ash Crypto believes the impact may be overstated. Both highlight potential volatility but also foresee market stabilization.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 8:12 pm

DOGEUSD

SHIBUSD

The global cryptocurrency market is down 3%, with meme coins like Dogecoin and Shiba Inu dropping 15% over the past week. Despite this, some traders are doubling down on their positions, while others see shorting as the only viable strategy.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 8:02 pm

IVA

Inventiva estimates that its cash, cash equivalents, and deposits will fund its operations through the second half of July 2024. As of May 31, 2024, the company had €9.6 million in cash and cash equivalents.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:02 pm

IVA

Inventiva (NASDAQ: IVA) provided an update on its NATiV3 clinical program evaluating lanifibranor in patients with MASH/NASH. Recruitment is progressing well with over 80% of the targeted patients enrolled in the main cohort and 100% in the exploratory cohort. The first visit of the last patient is expected in the second half of 2024, with topline results anticipated in mid-2026. The company has also strengthened its patent portfolio and is working on securing financing.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:02 pm

EQIX

Equinix (NASDAQ:EQIX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 17.51%. A $100 investment in EQIX 20 years ago would be worth $2,514.76 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:00 pm