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Crypto analyst Altcoin Sherpa shared investment strategies for different portfolio sizes, recommending Bitcoin and Ethereum for long-term stability. For larger portfolios, he suggests Ethereum and Dogecoin, while smaller portfolios should consider riskier, less mainstream projects.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 3:34 pm

MMYT

MakeMyTrip shares are trading higher amid volatility in Indian stocks following India's general election.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:32 pm

SILO

Silo Pharma Inc (NASDAQ:SILO) shares dropped by 31% to $1.55 after announcing a direct offering of 917,432 shares at $2.18 per share and issuing unregistered warrants in a private placement. The company expects gross proceeds of $2 million for working capital and general corporate purposes.

Portfolio Pulse from Henry Khederian

June 05, 2024 | 3:31 pm

CVS

High-rolling investors have shown unusual options activity for CVS Health (NYSE:CVS), with a majority of trades being bullish. This activity suggests significant interest in CVS, with a focus on a price range between $57.5 and $65.0. Analysts have mixed ratings on CVS, with target prices ranging from $59 to $86.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:31 pm

CVE

Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years with an average annual return of 17.95%, resulting in a significant growth in investment value. A $1000 investment in CVE 5 years ago would be worth $2,321.64 today.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:30 pm

CI

Cigna Group (NYSE:CI) has outperformed the market over the past 10 years, producing an average annual return of 13.92%. A $1000 investment in CI stock 10 years ago would be worth $3,680.88 today. The article highlights the impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:30 pm

PLUG

Plug Power shares are trading lower following a Senate Republican's request for an investigation into the Department of Energy's recent conditional commitment to provide the company with a $1.66 billion loan guarantee.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:29 pm

FSM

Fortuna Silver Mines Inc (NYSE:FSM) shares dropped by 15% to $5.02 after announcing a $150 million convertible senior notes offering, with an option for an additional $22.5 million. The proceeds will be used to repay debt and fund general expenses. The interest and conversion rates will be market-dependent.

Portfolio Pulse from Henry Khederian

June 05, 2024 | 3:25 pm

CRKN

Crown Electrokinetics Corp. (NASDAQ:CRKN) shares fell by 17% to $0.08 after announcing an offering of 300 million shares by Keystone Capital Partners. The company will not receive proceeds from the resale but may sell up to $50 million worth of common stock to Keystone. So far, $13.67 million worth of stock has been sold.

Portfolio Pulse from Henry Khederian

June 05, 2024 | 3:22 pm

AFRM

FINX

IPAY

Affirm Holdings, Inc (NASDAQ:AFRM) has expanded its partnership with Alterra Mountain Company, allowing travelers to pay over time for various services. This move aims to enhance the purchase experience and drive value through increased payment flexibility. Affirm's stock has gained 95% in the last 12 months, and investors can gain exposure via Amplify Mobile Payments ETF (NYSE:IPAY) and Global X FinTech ETF (NASDAQ:FINX).

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 3:20 pm