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ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market with an average annual return of 22.33% over the past 20 years, turning a $1000 investment into $56,548.84. The company's market capitalization stands at $66.82 billion.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 2:00 pm

NWG

NatWest Group (NYSE:NWG) has seen a 12.5% increase in short percent of float since its last report, with 7.83 million shares sold short, representing 0.18% of all shares available for trading. This indicates a bearish sentiment among investors, although it's noted that an increase in short interest can sometimes be bullish. NWG's short interest is below its peer group average of 0.83%.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 2:00 pm

AAPL

A rare sealed original 4GB iPhone was auctioned for over $130,000, significantly above its original price of $499. This sale highlights the high value collectors place on Apple memorabilia, with Apple Inc. (NASDAQ:AAPL) being directly mentioned. The auctioned iPhone, discontinued just over two months after its release in 2007, fetched more than 260 times its original price. Similar items, including those associated with Apple's co-founders, have also fetched high prices at auctions.

Portfolio Pulse from Rounak Jain

March 26, 2024 | 1:57 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) stock is trending after completing its merger with Digital World and starting to trade on Nasdaq. The merger was approved by shareholders, and the company began trading under the ticker symbol 'DJT', a homage to Donald Trump. The company aims to offer a platform for free speech and has seen significant price action, with shares closing up 41.61% at $70.74.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 1:52 pm

OPGN

OpGen Inc (NASDAQ:OPGN) shares surged after announcing a securities purchase agreement with David Lazar for 3 million shares of Series E Convertible Preferred Stock, totaling $3.0 million. The funds will be used for debt repayment and general corporate purposes. Lazar's investment led to significant board changes, including his upcoming appointment as CEO. The deal also includes settling liabilities with the European Investment Bank and Curetis. OPGN shares jumped 50.1% to $0.71.

Portfolio Pulse from Vandana Singh

March 26, 2024 | 1:52 pm

DJT

Trump Media & Technology Group Corp. shares are experiencing an increase in value coinciding with the company's debut on the Nasdaq stock exchange.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:49 pm

ADBE

Adobe Inc. (NASDAQ:ADBE) shares increased by 0.32% to $508.83 in the current market session, despite an 8.05% decrease over the past month and a 33.98% increase over the past year. The article discusses Adobe's P/E ratio in comparison to the software industry's aggregate P/E of 115.36, suggesting Adobe might be undervalued or expected to underperform by shareholders. It emphasizes the importance of using the P/E ratio alongside other financial metrics for investment decisions.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 1:45 pm

GME

GameStop Corp (NYSE:GME) is in focus as it prepares to report its Q4 financial results after market close on Tuesday. Expected earnings are 29 cents per share on $2.05 billion in revenue. Last quarter, GME reported an earnings loss and missed revenue estimates but ended with $1.21 billion in cash and securities. A new investment policy allows CEO Ryan Cohen to manage the company's security investments. No conference call details were provided, continuing a trend from the past three quarters. GME shares surged over 15% on Monday.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 1:44 pm

AYURF

CBWTF

DBCCF

VFF

A recent report highlights the potential for Canadian cannabis companies' valuations to soar by up to 300% with proposed excise tax reforms. The Canadian government is considering revising the 2018 excise tax framework, which currently imposes a 30-40% tax rate on companies' domestic gross revenues, significantly higher than the intended 10%. Analyst Pablo Zuanic's report suggests that reducing the tax rate to 10% could alleviate financial strains on companies like Ayurcann, Decibel, and Village Farms, potentially doubling or even tripling their valuations. The report will be further discussed at the Benzinga Cannabis Capital Conference.

Portfolio Pulse from Nicolás Jose Rodriguez

March 26, 2024 | 1:36 pm

BTCUSD

ETHUSD

The cryptocurrency market saw significant gains, with Bitcoin surpassing $70,000 and Ethereum breaking the $3,600 mark. dogwifhat emerged as the top gainer with a 17.5% increase, while Toncoin experienced the largest loss. The global crypto market cap rose by 5.2% to $2.68 trillion.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 1:33 pm