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AVAXUSD

Avalanche's (AVAX) price increased by 6.39% to $29.7 within 24 hours, continuing a positive trend with a 21.0% gain over the past week. Despite a 42.0% drop in trading volume, the circulating supply rose slightly to 394.12 million. AVAX's market cap is $11.70 billion, ranking it #12.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:00 pm

CBIH

Cannabis Bioscience International Holdings (OTC:CBIH) has submitted patents for treatments targeting breast and pancreatic cancers. The company plans to accelerate innovation by submitting additional patents monthly and expanding its research team.

Portfolio Pulse from Jelena Martinovic

July 01, 2024 | 2:59 pm

DIA

QQQ

SPY

TLT

The U.S. manufacturing sector contracted more than expected in June, marking the third consecutive month of decline. The ISM Manufacturing PMI Index fell to 48.5%, below the consensus of 49.1%. This contraction has put pressure on profitability and led to a mixed reaction in the stock market. The SPDR S&P 500 ETF Trust (SPY) fell 0.1%, the SPDR Dow Jones Industrial Average ETF (DIA) gained 0.1%, and the Invesco QQQ Trust (QQQ) fell 0.1%. Bond yields rose, causing the iShares 20+ Year Treasury Bond ETF (TLT) to tumble 1.7%.

Portfolio Pulse from Piero Cingari

July 01, 2024 | 2:44 pm

TSLA

Tesla shares are trading higher as the company is expected to report deliveries this week and has signed a contract to build a 100-megawatt battery storage system in New Zealand.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:40 pm

E

Italian energy group Eni SpA is planning to sell over €4 billion in upstream assets over the next three years, according to Bloomberg News.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:37 pm

AAPL

AMZN

CHWY

GLD

GME

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The article discusses the strong seasonality for Invesco QQQ Trust Series 1 (QQQ) in early July, driven by blind money inflows and positive sentiment. It also highlights the impact of meme stock activities on Chewy Inc (CHWY) and GameStop Corp (GME), and mentions positive money flows in major tech stocks and ETFs. Additionally, it provides insights on protection strategies and the traditional 60/40 portfolio.

Portfolio Pulse from The Arora Report

July 01, 2024 | 2:36 pm

LRCX

Lam Research (NASDAQ:LRCX) has significantly outperformed the market over the past 5 years, delivering an average annual return of 41.47%. A $1000 investment in LRCX 5 years ago would be worth $5,665.98 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 2:31 pm

BLD

TopBuild (NYSE:BLD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 35.91%. A $100 investment in BLD 5 years ago would now be worth $463.67. The company's current market capitalization is $12.26 billion.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 2:31 pm

EWQ

EZU

European markets surged following the first round of the French legislative elections, easing investor fears over potential fiscal turmoil. Lower-than-expected inflation in Germany also boosted optimism about continued ECB rate cuts. The Euro STOXX 50 index and major French banks saw significant gains.

Portfolio Pulse from Piero Cingari

July 01, 2024 | 2:25 pm

BTDR

In the past three months, 8 analysts have provided ratings for Bitdeer Technologies (NASDAQ:BTDR), with a majority being bullish. The average 12-month price target has decreased by 17.72% to $14.81. Analysts have maintained or announced 'Buy' ratings, with price targets ranging from $10.50 to $20.00. Bitdeer Technologies has shown strong financial performance with significant revenue growth, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 2:01 pm