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BTCUSD

Vanguard's leadership, including Chairman and CEO Tim Buckley and Chief Investment Officer Greg Davis, reaffirmed their stance against offering Bitcoin ETFs, labeling Bitcoin as a speculative asset not suitable for long-term investment portfolios. They emphasized the importance of investing in assets that generate cash flow, such as stocks and bonds, over speculative assets like Bitcoin. This decision reflects Vanguard's commitment to long-term value creation through low-cost index funds.

Portfolio Pulse from Murtuza Merchant

March 15, 2024 | 7:53 pm

BTDR

CIFR

CLSK

WULF

Crypto stocks, including BTDR, CIFR, CLSK, and WULF, are experiencing an increase in their trading values due to recent fluctuations in Bitcoin's price.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 7:50 pm

CRM

HUBS

INTU

NOW

TEAM

VERI

Shares of companies in the broader software sector are trading lower, likely due to Adobe's weak guidance impacting the sector. Adobe's announcement has caused a ripple effect, affecting stocks like CRM, HUBS, INTU, NOW, TEAM, and VERI.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 7:48 pm

USDU

UUP

A Barclays plc analyst note suggests the U.S. Dollar could rally 3% if Donald Trump wins re-election, driven by proposed tariffs and less support for NATO. This has implications for FX markets, potentially benefiting USD ETFs like UUP and USDU, and impacting companies based on their currency exposure.

Portfolio Pulse from Chris Katje

March 15, 2024 | 7:46 pm

COIN

Coinbase Global's stock price increased following JP Morgan's decision to maintain a Neutral rating while raising its price target from $95 to $150.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 7:45 pm

LIAN

LianBio (LIAN) shares surged 84% to $0.35 amid volatility following the company's late February announcement to delist its ADSs from the Nasdaq Global Market. The decision, part of a strategic review, includes winding down operations, deregistering shares, and returning value to shareholders through asset sales, out-licensing, and dividends. A $4.80 special dividend was declared.

Portfolio Pulse from Henry Khederian

March 15, 2024 | 7:44 pm

PLTR

Palantir shares are trading lower due to a general downturn in the software and cybersecurity sectors.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 7:37 pm

QQQI

QYLD

SPYI

The NEOS Nasdaq-100 High Income ETF (QQQI) aims to offer high monthly income and tax efficiency by replicating the Nasdaq-100 Index and using out-of-the-money covered call strategies. It's introduced by the same team behind the successful NEOS S&P 500 High Income ETF (SPYI), which outperformed other S&P 500 covered call ETFs in 2023. QQQI's strategy differs from the GlobalX Nasdaq 100 Covered Call ETF (QYLD) by aiming for higher income and potential share price appreciation. Early performance shows promising results with a higher distribution yield compared to QYLD.

Portfolio Pulse from Austin Hankwitz

March 15, 2024 | 7:32 pm

Morgan Stanley (NYSE:MS) has seen significant bearish options activity, with 80% of traders showing bearish tendencies through puts and calls. The options trading suggests a price window of $75.0 to $95.0 for MS. Currently, MS's stock price is down -1.56% at $87.71, with an RSI indicating it may be approaching overbought territory. The next earnings report is expected in 32 days.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 7:31 pm

DHR

A significant bearish sentiment has been observed in Danaher's (NYSE:DHR) options trading, with 62% of trades being bearish. The trading activity suggests a targeted price range of $230.0 to $265.0 for Danaher over the next three months. The largest trades include both bearish and bullish positions, with a notable volume and open interest in calls and puts within this price range. Danaher's stock is currently down -1.07% at $250.5, with neutral RSI indicators and earnings expected in 39 days.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 7:31 pm