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OPUSD

Optimism's cryptocurrency (OP) has seen a price decrease of 3.11% over the past 24 hours, now at $3.71, despite a 17.0% increase over the past week. The trading volume has risen by 11.0%, while the circulating supply slightly decreased by 0.09%. Optimism's current market cap is $3.38 billion, ranking it 29th.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:03 pm

FILUSD

Filecoin (CRYPTO: FIL) has seen a price decrease of 3.38% over the past 24 hours, now at $7.27, despite a 33.0% increase over the past week. The trading volume surged by 116.0%, and the circulating supply rose by 1.26% to 490.72 million, which is 25.02% of the max supply. Filecoin's market cap is currently ranked #28 at $3.57 billion.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:02 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a 3.33% increase in price over the last 24 hours, reaching $3.92, despite an 8% decline over the past week from $4.25. The coin's all-time high is $20.44. Trading volume has decreased by 6% over the past week, while the circulating supply has slightly increased. NEAR's market cap ranks it 25th at $3.97 billion.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:02 pm

JNJ

A federal judge in New Jersey has allowed Johnson & Johnson (NYSE:JNJ) shareholders to proceed with a class action lawsuit over alleged concealment of asbestos contamination in its talc products. The class period spans from February 22, 2013, to December 13, 2018. The lawsuit could enhance shareholders' ability to recover damages. Despite the litigation, JNJ shares rose 1.51% to $159.10.

Portfolio Pulse from Vandana Singh

January 02, 2024 | 7:01 pm

HBAR-USD

Hedera's cryptocurrency (HBAR) has seen a 9.1% price increase in the last 24 hours, reaching $0.10, continuing a weekly upward trend with a 9.0% gain. The coin's all-time high is $0.57. Trading volume has surged by 83.0%, and the circulating supply has slightly increased to 33.63 billion, which is 67.26% of the maximum supply. Hedera's market cap is currently ranked #31, valued at $3.24 billion.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:01 pm

SHW

Sherwin-Williams (NYSE:SHW) received mixed analyst ratings in the latest quarter, with 6 analysts providing their perspectives. The average 12-month price target for SHW is $313.83, up 1.78% from the previous target. Analysts from Argus Research, Goldman Sachs, Citigroup, JP Morgan, RBC Capital, and B of A Securities have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Sherwin-Williams is a leading architectural paint provider in the U.S. with strong financial indicators such as revenue growth, net margin, ROE, and ROA, but faces challenges in debt management with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:00 pm

ICPUSD

Internet Computer's (ICP) price surged by 15.27% in the last 24 hours, reaching $14.89, with a weekly increase of over 56%. The coin's all-time high is $700.65. Trading volume rose by 135% over the past week, and the circulating supply increased by 1.08%, now at 454.21 million. ICP's market cap is currently ranked #18, valued at $6.67 billion.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 7:00 pm

MO

Juul Labs Inc. board members Nick Pritzker and Riaz Valani are accused of self-interest in a bailout that preserved their equity investments. Investors have sued, alleging the 2022 bailout favored insiders. Altria Group Inc (NYSE:MO), which invested $12.8 billion in Juul in 2018, has seen its stake diluted after a 2023 funding round. Juul, facing lawsuits and regulatory issues, avoided bankruptcy and is seeking to raise an additional $330 million in 2024.

Portfolio Pulse from Vandana Singh

January 02, 2024 | 6:57 pm

BYDDY

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TSLA

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XPEV

BYD Company Limited surpassed Tesla in battery-only EV sales for the first time, ending 2023 with over 3 million new EVs produced. Tesla, while still leading in battery-only production, delivered 1.8 million EVs in 2023. Xiaomi Corporation announced its entry into the EV market, challenging Tesla and Porsche. Li Auto Inc reported a record high in deliveries and a 182% YoY growth, with plans to launch a battery-powered vehicle. XPeng Inc reported a 17% YoY rise in deliveries and record figures for December and Q4. BYD's in-house battery production has allowed it to cut prices and boost sales, despite falling short of CLSA's expectations.

Portfolio Pulse from Upwallstreet

January 02, 2024 | 6:56 pm

LBPH

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UCBJY

Longboard Pharmaceuticals Inc (NASDAQ:LBPH) released positive topline data from the PACIFIC Phase 1b/2a study for its anti-seizure candidate bexicaserin, showing a median 53% reduction in seizures. Cantor Fitzgerald raised LBPH's price target from $35 to $55 and maintained an overweight rating, citing the drug's potential to achieve over $1 billion in peak sales. LBPH shares surged 222.60% to $19.45 following the news.

Portfolio Pulse from Vandana Singh

January 02, 2024 | 6:55 pm