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MEDS

TRxADE Health, Inc. (NASDAQ:MEDS) has announced a 1-for-15 reverse stock split, effective June 22, 2023. The company's outstanding shares will be reduced from 10,210,878 to 680,726, with the aim of increasing the marketability of its stock to a broader range of potential investors.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:37 pm

SPY

Federal Reserve Chairman Jerome Powell stated that the 2% inflation target remains unchanged despite the ongoing war in Ukraine. The Fed is not considering any adjustments to its goal.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:34 pm

SIVBQ

Federal Reserve Chairman Jerome Powell stated that the emergency situation involving SVB Financial Group occurred without warning over the weekend.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:33 pm

ABNB

Airbnb Inc.'s stock price increased by 20.02% over the past month and 32.54% in the past year. The company's P/E ratio of 42.15 is higher than the industry average of 28.17, which may indicate overvaluation or better future performance. Investors should use the P/E ratio along with other financial metrics and qualitative analysis for informed investment decisions.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 4:31 pm

ASML

ASML Holding (NASDAQ:ASML) has outperformed the market over the past 15 years, producing an average annual return of 23.08%. A $100 investment in ASML stock 15 years ago would be worth $2,183.60 today.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 4:30 pm

ANSS

Ansys (NASDAQ:ANSS) has outperformed the market over the past 20 years, producing an average annual return of 20.49%. A $100 investment in ANSS 20 years ago would be worth $4,203.16 today.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 4:30 pm

BLK

BTCUSD

DOGEUSD

Major cryptocurrencies like Bitcoin, Ether, and Dogecoin are trading at a monthly high, with Bitcoin breaking $26,500 for the first time in over a month. BlackRock submitted an application for a Bitcoin ETF in the U.S., and EDX Markets, backed by Charles Schwab, Citadel Securities, and Fidelity Digital Assets, launched its trading services. Experts attribute the rise to institutional interest and economic forecasts.

Portfolio Pulse from Murtuza Merchant

June 21, 2023 | 4:25 pm

SYK

Jason Snipe announced on CNBC that he has bought Stryker Corporation (SYK), a leading medical technology company.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:23 pm

PDCO

Nasdaq Composite dropped over 100 points on Wednesday, with Patterson Companies Inc reporting better-than-expected earnings for its fourth quarter. Patterson's net sales increased 5% YoY to $1.72 billion, beating the consensus of $1.66 billion, and adjusted EPS of $0.84 surpassed the analyst consensus of $0.70.

Portfolio Pulse from Lisa Levin

June 21, 2023 | 4:23 pm

SPY

Federal Reserve Chairman Jerome Powell stated that the U.S. dollar remains the dominant reserve currency, as no other economy possesses the same features. This statement comes amid concerns about the dollar's status due to rising inflation and competition from digital currencies.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:22 pm