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FETUSD

Artificial Superintelligence Alliance (CRYPTO: FET) has seen a 5.55% price drop in the last 24 hours, continuing a week-long decline of 30%. Trading volume has increased by 106% over the past week, with the circulating supply rising slightly. The current market cap is $2.06 billion, ranking FET at #35.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:02 pm

SBUX

Starbucks (NASDAQ:SBUX) has significantly outperformed the market over the past 15 years, delivering an average annual return of 14.58%. A $1000 investment in SBUX 15 years ago would be worth $7,868.43 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:01 pm

CELH

Celsius Holdings (NASDAQ:CELH) has significantly outperformed the market over the past 10 years, with an annualized return of 68.46%. A $100 investment in CELH 10 years ago would be worth $20,272.88 today. The company's current market capitalization is $9.30 billion.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:01 pm

ICPUSD

Internet Computer (ICP) has seen a significant price drop of 7.21% in the past 24 hours, continuing a week-long decline of 23%. Trading volume has increased by 32% over the past week, with a slight increase in circulating supply. The current market cap ranking for ICP is #27 at $3.34 billion.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:01 pm

LTCUSD

Litecoin (LTC) has experienced a significant price drop of 5.43% in the past 24 hours, continuing a week-long decline of 20%. Trading volume has increased by 38% over the past week, while the circulating supply has grown by 0.37%. Litecoin's market cap is currently ranked #22 at $4.18 billion.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:00 pm

MUSQ

RSVR

WMG

Warner Music Group (WMG) reported fiscal Q3 earnings with EPS of 27 cents and revenue of $1.55 billion, slightly missing estimates. Despite a 2.4% decline in recorded music revenue, music publishing sales and digital revenue saw growth. The MUSQ Global Music Industry ETF (MUSQ) gained 1.4% and is attempting to break above the $23 resistance level.

Portfolio Pulse from Joshenomoto@benzinga.com

August 07, 2024 | 6:52 pm

CFCV

DIVP

FEPI

FTXL

INTC

SMH

Intel Corp (NASDAQ:INTC) is planning to cut 15% of its workforce, or about 15,000 jobs, despite receiving $8.5 billion in grants from the U.S. government under the CHIPS and Science Act. The layoffs are part of a cost-cutting and restructuring plan following a disappointing second-quarter revenue report. Several ETFs, including ClearBridge Focus Value ESG ETF (BATS:CFCV), REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI), First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL), Cullen Enhanced Equity Income ETF (NYSE:DIVP), and VanEck Semiconductor ETF (NASDAQ:SMH), showed mixed reactions to the news.

Portfolio Pulse from Michael Juliano

August 07, 2024 | 6:50 pm

PLTR

The article highlights a surge in options activity for Palantir Technologies (NYSE:PLTR), with a noticeable bearish stance from large investors. Out of 47 trades, 59% were bearish and 34% bullish. The trades include 29 puts totaling $1,802,286 and 18 calls totaling $1,302,484. Analysts have mixed ratings on PLTR, with price targets ranging from $21 to $35.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:49 pm

GE

Financial giants have shown significant interest in GE Aero (NYSE:GE) through unusual options activity. Analysis reveals a balanced sentiment with 37% bullish and 37% bearish trades. The options activity suggests a price range of $165.0 to $250.0. GE Aero's current stock price is $161.91, with a neutral RSI. Analysts have given it an average target price of $198.33, with ratings from RBC Capital, Wells Fargo, and Barclays.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:49 pm

BA

The NTSB Chair criticized Boeing for a mid-air emergency involving the 737 Max 9, stating that the issue should have been detected years ago.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:48 pm