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DIA

IWM

QQQ

SPY

Major stock indexes have declined due to an increase in Treasury yields, affecting the performance of key ETFs like DIA, IWM, QQQ, and SPY.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:02 pm

GOOG

GOOGL

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google's parent company, has agreed to delete data collected from users in 'incognito' mode from 2016 to 2023, following a lawsuit. Despite the lawsuit, Google's stock rose 2.5% on Monday. The settlement includes a $5 billion resolution and changes to Chrome's privacy disclosures and cookie settings.

Portfolio Pulse from Natan Ponieman

April 01, 2024 | 7:01 pm

SNAP

There was a significant option trading activity for Snap Inc. (SNAP), involving a sweep of 4,378 May 17 $15 call options at $0.411 each, compared to an open interest of 170,332. This activity occurred with SNAP's stock price at $11.275, ahead of their earnings announcement estimated for April 25 after the market closes.

Portfolio Pulse from Charles Gross

April 01, 2024 | 7:01 pm

DJT

RDDT

After a strong first quarter for the S&P 500, investors are shifting their focus towards protection against severe market swings, despite economic optimism. The options market shows a preference for hedges against extreme volatility, indicating concerns over potential 'black swan events'. Positive economic indicators and high-profile events like the Reddit Inc. IPO have fueled market gains, but increased activity in VIX call options reflects worries about future volatility, especially regarding the Federal Reserve's interest rate policies.

Portfolio Pulse from Piero Cingari

April 01, 2024 | 7:01 pm

SOLUSD

Solana (CRYPTO: SOL) has experienced a 4.3% decrease in price over the past 24 hours, continuing a weekly downtrend of -2.0%. The trading volume has decreased by 4.0%, and the circulating supply has slightly reduced by 0.17%. Currently, Solana's market cap ranks it as the 5th largest, valued at $84.19 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:01 pm

A

Agilent Technologies (NYSE:A) has delivered an average annual return of 16.01% over the past 15 years, outperforming the market by 2.84% annually. A $1000 investment in Agilent Technologies 15 years ago would be worth $9,056.95 today, showcasing the impact of compounded returns over time. The company currently has a market capitalization of $42.78 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:00 pm

ORCL

Over the past 10 years, Oracle (NYSE:ORCL) has outperformed the market with an average annual return of 12.0%, turning a $1000 investment into $3,167.22 today. Oracle's market capitalization stands at $345.76 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:00 pm

PTEN

Patterson-UTI Energy (NASDAQ:PTEN) has received mixed reviews from 4 financial analysts over the past three months, with ratings ranging from bullish to bearish. The average 12-month price target is $16.25, down 4.41% from the previous $17.00. Analysts from Susquehanna, Evercore ISI Group, RBC Capital, and Raymond James have adjusted their price targets and ratings, reflecting dynamic market conditions and company performance. Patterson-UTI Energy, a major land rig drilling contractor in the U.S., has shown significant revenue growth but faces challenges in profitability and efficiency.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:00 pm

DOGEUSD

Dogecoin (CRYPTO: DOGE) has seen a 6.74% decrease in price over the last 24 hours, now at $0.20, contrasting with a 12.0% increase over the past week. Trading volume has risen by 37.0%, while the circulating supply decreased by 0.57%, leading to a current market cap of $29.01 billion, ranking DOGE at #9.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:00 pm

SMTC

Semtech Corporation (NASDAQ:SMTC) reported a Q4 loss but saw its shares rise 6.6% after analysts upgraded their price targets. Despite missing earnings and sales estimates, the company's CEO remains optimistic about growth, particularly in the infrastructure market. Analysts from Needham, Susquehanna, Piper Sandler, Stifel, Baird, Craig-Hallum, and Northland Capital Markets raised their price targets on Semtech, citing positive outlooks.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 6:59 pm