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CDW

Over the past decade, CDW (NASDAQ:CDW) has delivered an impressive average annual return of 25.15%, significantly outperforming the market. An investment of $100 in CDW stock 10 years ago would be worth $937.04 today. CDW's market capitalization currently stands at $28.08 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:30 pm

BTCUSD

ETHUSD

Bitcoin's value has risen by 15% due to anticipation of spot ETF approvals. The SEC's final deadline for rebuttal comments is Jan. 5, 2024, hinting at a possible approval soon after. The market is watching for the actual investment flows post-approval to determine Bitcoin's price direction. The symbolic date of Jan. 3, 2024, marks Bitcoin's 15th anniversary and could coincide with the approval. Thirteen applications for spot ETFs are in contention, with more traditional finance products related to Bitcoin and Ethereum being filed.

Portfolio Pulse from Murtuza Merchant

December 07, 2023 | 2:25 pm

AAPL

CRM

META

PLTR

TSLA

Bitcoin's bull run has led to a $2.6 billion loss for short sellers. SpaceX is negotiating an insider share sale at a $175 billion valuation. Sprinklr's earnings disappoint, while Ark Invest buys more Palantir stock. Crypto market shows mixed reactions post-jobs data. US and world economy reports indicate mixed sentiments. Tech companies like Apple and Meta are making AI advancements. Tesla faces accusations from a bear and launches new initiatives. McDonald's and Renault reveal new concepts, while GM's share buyback draws comparisons to BlackBerry. EU moves towards messaging app integration, and Meta enhances security. SpaceX's valuation talks and payload launch goals highlight space industry developments.

Portfolio Pulse from Akanksha Bakshi

December 07, 2023 | 2:21 pm

JBLU

JetBlue Airways Corporation (NASDAQ:JBLU) shares rose after the company reported strong demand for travel and operational performance, leading to raised Q4 and FY23 outlooks. Q4 ASM is expected to increase by 2.0%-3.0%, with a narrower projected revenue decrease and a smaller adjusted loss per share than previously anticipated. FY23 revenue growth projections were also increased, alongside a reduced expected adjusted loss per share.

Portfolio Pulse from Nabaparna Bhattacharya

December 07, 2023 | 2:20 pm

FRSX

Trading of Foresight Autonomous Holdings Ltd. shares has resumed after being temporarily halted.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:20 pm

GME

GameStop's (GME) stock fell over 8% in premarket trading after Q3 earnings revealed revenue below analyst expectations. CEO Ryan Cohen is leading efforts to cut costs amidst a shift to online game downloads. The company's board approved a new investment policy for using cash to buy stocks and make other investments. Technical indicators suggest a bearish trend, with the 100-day SMA crossing below the 200-day SMA and RSI nearing overbought territory.

Portfolio Pulse from Surbhi Jain

December 07, 2023 | 2:17 pm

AAPL

BABA

BIDU

MSFT

NVDA

TCEHY

TSLA

Microsoft Corp's President Brad Smith met with China's Commerce Minister to discuss AI and trade, signaling potential cooperation between the U.S. and China. This follows a meeting between Presidents Biden and Xi Jinping. China is encouraging foreign enterprise services, with Microsoft expected to contribute to AI cooperation. U.S. tech firms face challenges due to technology tensions and export restrictions, notably Nvidia's AI chips. Despite this, recent visits by CEOs of Apple and Tesla to China indicate improving relations. Microsoft shares saw a slight premarket decrease.

Portfolio Pulse from Anusuya Lahiri

December 07, 2023 | 2:17 pm

DPZ

During Domino's Investor Day, an executive reported that for Q4 to date, Domino's U.S. delivery business has shown positive growth. Additionally, delivery transactions have increased, not counting the additional volume generated from the Uber pilot program.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:16 pm

DPZ

During Domino's Investor Day, an executive reported that the company's United States delivery business saw a 3% decline in comparable sales year-to-date (YTD) in 2023. Conversely, the United States carryout business experienced a 7% increase in comparable sales YTD in 2023.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:15 pm

Micron Technology (NYSE:MU) has seen a 4.47% increase in short interest since the last report, with 20.47 million shares sold short, representing 1.87% of available shares. It would take about 1.65 days to cover these short positions based on current trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Micron's short interest is below its peer group average of 3.71%.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:15 pm