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BTCUSD

ETHUSD

SOLUSD

Technical analysts express cautious optimism about Bitcoin and Ethereum, noting constructive patterns in their charts. Bitcoin holds above previous highs, while Ethereum bounces from support. Concerns are raised about Solana's chart, and a shift towards quality projects is suggested.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 5:31 pm

URI

United Rentals (NYSE:URI) has significantly outperformed the market over the past 5 years, with an annualized return of 47.25%. A $1000 investment in URI 5 years ago would now be worth $6,762.66, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:30 pm

EQIX

Equinix (NASDAQ:EQIX) has significantly outperformed the market over the past 15 years, with an average annual return of 16.32%. A $1000 investment in EQIX 15 years ago would now be worth $9,640.41. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:30 pm

EVH

Evolent Health shares have risen due to reports that the company is exploring a potential sale.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:23 pm

SNOW

TLT

XLE

XLK

ZM

US stocks fell on Thursday as traders awaited Fed Chair Powell's speech at the Jackson Hole Symposium. The dollar and Treasury yields rose, impacting bonds and gold negatively. The energy sector outperformed due to rising oil prices, while tech lagged. Notable stock movements included Snowflake's 12% drop and Zoom's 13% rise.

Portfolio Pulse from Piero Cingari

August 22, 2024 | 5:20 pm

GHSI

Guardion Health Sciences shares rose following the announcement of a $5 per share dividend.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:10 pm

URBN

Telsey Advisory Group downgraded Urban Outfitters (NASDAQ:URBN) from Outperform to Market Perform, citing visibility challenges and slowing retail sales trends. Despite a Q2 earnings beat, the price target was lowered from $49 to $44. URBN shares fell 8.18% to $38.09.

Portfolio Pulse from Nabaparna Bhattacharya

August 22, 2024 | 5:09 pm

SPY

Investors are closely watching Fed Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium for hints on monetary policy. While a rate cut in September is expected, the size of the cut remains uncertain. Analysts predict Powell may express confidence in the inflation outlook and emphasize labor market risks. The SPDR S&P 500 ETF Trust (NYSE:SPY) could be impacted by Powell's guidance, as seen in past reactions to his speeches.

Portfolio Pulse from Piero Cingari

August 22, 2024 | 5:09 pm

GDC

GD Culture Group shares are experiencing an upward trend following the company's announcement of launching its TikTok account.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:06 pm

CMND

Clearmind Medicine's shares rose following the announcement of a patent approval from the US Patent and Trademark Office.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:05 pm