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COF

Over the past 15 years, Capital One Financial (NYSE:COF) has delivered an average annual return of 18.69%, outperforming the market by 4.78% annually. A $1000 investment in COF 15 years ago would be worth $13,389.22 today. The company currently has a market capitalization of $51.32 billion, highlighting the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:30 pm

CMCSA

PARA

WBD

Warner Bros. Discovery Inc (NASDAQ:WBD) has ended talks about acquiring Paramount Global (NASDAQ:PARA), causing both stocks to rise. Despite this, Paramount is still exploring sale options, with Skydance Media conducting due diligence and Byron Allen offering $14 billion. Comcast Corp (NASDAQ:CMCSA) is focusing on potential collaborations rather than acquisition. Both WBD and PARA face challenges, with WBD's shares dropping 10% after disappointing earnings and PARA trading near a 52-week low. WBD has lost 25.3% YTD, and PARA 22%.

Portfolio Pulse from Anusuya Lahiri

February 27, 2024 | 7:19 pm

DIA

IWM

JANX

QQQ

SPY

VKTX

XLU

On Tuesday, the S&P 500 and Nasdaq 100 saw declines, while small caps and certain biotech stocks experienced significant gains. The iShares Russell 2000 ETF (IWM) rose over 1%, marking its fourth consecutive session of gains. Durable goods orders fell more than expected, and oil prices reached their highest close since mid-November 2023. Bitcoin surged over 4%, reaching its highest level since December 2021. Major ETFs like SPY, DIA, and QQQ saw slight declines, while XLU outperformed. Biotech stocks Viking Therapeutics and Janux Therapeutics saw dramatic increases following positive trial results. Other notable stock movements included gains for Norwegian Cruise Line and Lowe's, and declines for Clarivate and American Tower.

Portfolio Pulse from Piero Cingari

February 27, 2024 | 7:18 pm

SNAP

Snap Inc. (NYSE:SNAP) has seen a decrease in short interest, with 86.77 million shares sold short, representing 9.62% of its float. This marks a 9.33% decline in short interest since the last report. The current short interest suggests a more bullish sentiment among investors compared to its peer group average of 6.90% short interest. However, this does not guarantee a near-term price increase.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:15 pm

COHR

Coherent's (NYSE:COHR) short interest has increased by 40.07% since the last report, with 4.57 million shares sold short, representing 4.02% of its float. This indicates a bearish market sentiment, although it's higher than its peer group average of 3.66%. The article suggests that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:15 pm

ALK

Alaska Air Group's (NYSE:ALK) short interest has increased by 7.01% since the last report, with 3.22 million shares sold short, representing 2.9% of available shares. The current short interest suggests a bearish market sentiment towards ALK, although it has less short interest compared to its peers' average of 9.17%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:15 pm

AMD

NVDA

TSM

US chipmakers, including Nvidia Corp and Advanced Micro Devices, Inc (AMD), are seeking additional federal subsidies as demand for AI technology chips surges, with requests totaling over $70 billion against the $39 billion allocated. The U.S. aims to increase domestic semiconductor production to reduce reliance on foreign chips and strengthen its supply chain. AMD is entering the AI accelerator market with its MI300 chip, targeting a market expected to exceed $400 billion in the next four years. Both AMD and Nvidia have seen significant stock gains this year, though concerns about Nvidia's valuation sustainability have been raised.

Portfolio Pulse from Anusuya Lahiri

February 27, 2024 | 7:14 pm

DPZ

UBER

J.P Morgan analyst John Ivankoe downgraded Domino's Pizza Inc (DPZ) to Neutral from Overweight, despite raising the forecast to $430 from $420, citing the stock is now fully priced. Meanwhile, BMO Capital Markets analyst Andrew Strelzik reiterated an Outperform rating on Domino's, raising the price target to $535 from $475, highlighting January promotions, weather benefits, and contributions from Uber Eats. Domino's is seen as a beneficiary of food cost deflation and is expected to see restaurant margin improvements and unit growth acceleration in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

February 27, 2024 | 7:12 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a 7.2% increase in its trading level, reaching $0.00001, amid a broader surge in cryptocurrency markets, including a new 52-week high for Bitcoin. This rise is attributed to an 'altcoin season' where investors diversify into altcoins like Shiba Inu for potentially higher returns. The market's speculative nature further fuels interest in cryptocurrencies, with significant trading volumes and investor interest in cryptocurrency ETFs noted.

Portfolio Pulse from Henry Khederian

February 27, 2024 | 7:11 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has increased by 3.55% in the last 24 hours to $10.84, continuing a positive trend with a 45.0% gain over the past week from $7.47. The coin's all-time high is $44.92. Trading volume has surged 201.0% over the past week, and the circulating supply has slightly increased to over 753.77 million, representing 75.38% of its max supply. UNI's current market cap ranking is #17 at $8.16 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:03 pm