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ETHUSD

A total of 7,221.44 Ether (ETH) worth $13M was burned from Ethereum transactions on Sunday. This follows the implementation of the EIP-1159 upgrade on August 5th, which changed the fee model and introduced a variable base fee that is burned, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 6:00 pm

SPY

US House Speaker McCarthy states that debt ceiling talks are at a sensitive point, potentially impacting the market and related ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:59 pm

MDT

Medtronic announced longer-term follow-up results of its investigational Extravascular Implantable Cardioverter Defibrillator (EV ICD) System, designed to treat dangerously fast heart rhythms. The study found that 6.8% of patients experienced appropriate therapy by 18 months, with a 100% success rate in terminating treated shocks.

Portfolio Pulse from Vandana Singh

May 22, 2023 | 5:58 pm

DT

BMO analyst Keith Bachman mentioned Dynatrace (DT) on CNBC, discussing the company's performance and prospects.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:57 pm

AMZN

GOOGL

NFLX

The article explains the differences between growth stocks and value stocks. Growth stocks are companies with increasing revenues and earnings, often found in emerging sectors and characterized by innovation. Examples include Amazon (AMZN), Alphabet (GOOGL), and Netflix (NFLX). Value stocks are fundamentally sound companies that are overlooked or undervalued by investors, often paying strong dividends.

Portfolio Pulse from Tornado

May 22, 2023 | 5:50 pm

FTTUSD

USDCUSD

Crypto trading platform Hotbit announced it will cease operations on May 22 due to worsening business environment, declining cash flow, and cybersecurity breaches. The fall of FTX (CRYPTO: FTT) and the USD Coin (CRYPTO: USDC) de-pegging event were cited as key factors.

Portfolio Pulse from Murtuza Merchant

May 22, 2023 | 5:40 pm

UBER

A whale has taken a bearish stance on Uber Technologies (NYSE: UBER), with 60% of detected unusual options trades being bearish. Whales have targeted a price range of $30 to $55 for Uber over the last 3 months. The stock is currently up 0.97% at $39.56, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:31 pm

LEN

A whale has taken a bearish stance on Lennar (NYSE:LEN), with 64% of detected unusual options trades being bearish. 11 puts amounting to $440,023 and 3 calls amounting to $237,753 were spotted. Whales have been targeting a price range of $110 to $130 for Lennar over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:31 pm

MNST

Monster Beverage (NASDAQ:MNST) has produced an average annual return of 20.44% over the past 10 years, outperforming the market by 10.77% on an annualized basis. A $100 investment in MNST 10 years ago would be worth $642.33 today.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:30 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 20 years, producing an average annual return of 10.24%. A $1000 investment in MCHP stock 20 years ago would be worth $7,320.28 today.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:30 pm