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Stock Prices

BTCUSD

Bitcoin is trading lower due to market uncertainty following mixed inflation data and bank earnings this week.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:00 pm

FCFS

Over the past 20 years, FirstCash Hldgs (NASDAQ:FCFS) has produced an average annual return of 13.33%, outperforming the market. A $1000 investment in FCFS 20 years ago would be worth $11,806.76 today. FirstCash Hldgs currently has a market capitalization of $5.91 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 6:00 pm

RMBS

Over the past 5 years, Rambus (NASDAQ:RMBS) has outperformed the market with an annualized return of 26.94%, averaging 38.9% annually. With a current market cap of $6.89 billion, a $100 investment in RMBS 5 years ago would now be worth $531.54.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 6:00 pm

ETHUSD

Ethereum (ETHUSD) is trading lower due to a drop in the crypto market, influenced by mixed inflation data and bank earnings.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:00 pm

BEN

BX

KKR

NYCB

RILY

Shares of companies in the financial services sector are down after mixed bank earnings were reported.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 5:58 pm

ARB

BEAM

RNDR

Popular crypto analyst Altcoin Sherpa shared his 2024 predictions for three altcoins: BEAM, ARB, and RNDR. He is 'hugely bullish' on BEAM, sees challenges for ARB with a potential decline to $1.20, and is optimistic about RNDR's recovery, suggesting buy-in points at the .382 and .50 Fibonacci retracement levels.

Portfolio Pulse from Murtuza Merchant

April 12, 2024 | 5:55 pm

ABNB

BKNG

HLT

MAR

MGM

WYNN

Shares of travel sector companies, including ABNB, BKNG, HLT, MAR, MGM, and WYNN, are trading lower due to market uncertainty, mixed inflation data, and bank earnings. Uncertainty about rate cuts may be affecting discretionary sectors.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 5:53 pm

MSFT

BMO Capital Markets analyst Keith Bachman reiterated an Outperform rating on Microsoft Corporation (NASDAQ:MSFT), raising the price target to $465 from $455, citing durable growth in gaming and potential in AI. Despite gaming's inherent volatility, Microsoft's position in the market, especially with Activision Blizzard's titles, supports above-market growth rates in gaming revenues. However, the FY25 Gaming revenue growth estimate was lowered to 10% from 13%, while the FY25 Windows revenue growth estimate was raised to 7%. MSFT shares dropped 1.59% to $420.98.

Portfolio Pulse from Nabaparna Bhattacharya

April 12, 2024 | 5:51 pm

BLK

BlackRock Inc (NYSE:BLK) lost its appeal in a UK tax dispute related to its acquisition of Barclays Global Investors in 2009. The Court of Appeal upheld the decision to disallow tax deductions on interest from loans used in the acquisition, under the 'unallowable purpose rule'. Despite the setback, BlackRock, which has grown significantly since the acquisition, emphasized that all UK taxes, including those related to this matter, have been paid. The company is considering its next steps following the ruling.

Portfolio Pulse from Vandana Singh

April 12, 2024 | 5:50 pm

LUNR

SPCE

Blue Origin, founded by Jeff Bezos, announced its 7th crewed flight, NS-25, with a six-person crew, marking a return to human spaceflight after setbacks. The crew includes notable figures such as Ed Dwight and entrepreneurs from various fields. This follows a period of inactivity due to issues in an uncrewed flight in September 2022. The announcement comes amid increased interest in space travel, with recent achievements by Intuitive Machines and plans by Virgin Galactic to focus on profitability.

Portfolio Pulse from Chris Katje

April 12, 2024 | 5:47 pm