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SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a price decrease of 3.23% in the last 24 hours, despite a 9.0% increase over the past week. The trading volume has decreased by 19.0%, while the circulating supply has increased by 0.57%, bringing it to 589.31 trillion. Shiba Inu's market cap is currently ranked #17, valued at $5.99 billion.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:01 pm

QCOM

Over the past 20 years, Qualcomm (NASDAQ:QCOM) has delivered an average annual return of 8.75%, outperforming the market. A $1000 investment in QCOM 20 years ago would be worth $5,367.34 today. Qualcomm's market capitalization currently stands at $157.83 billion.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:00 pm

KDP

Over the past 10 years, Keurig Dr Pepper (NASDAQ:KDP) has produced an average annual return of 15.35%, outperforming the market by 5.4% on an annualized basis. A $1000 investment in KDP a decade ago would be worth $4,195.84 today. Keurig Dr Pepper currently has a market capitalization of $45.52 billion.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:00 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has decreased by 4.34% over the past 24 hours to $0.57, despite a 7.0% increase over the past week. The trading volume has decreased by 49.0%, while the circulating supply has increased by 0.34%. Cardano's market cap is currently ranked #8 at $20.04 billion.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:00 pm

FDS

FactSet Research Systems (NYSE:FDS) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-19. Analysts predict an EPS of $4.11. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, FDS's stock price has been affected by its earnings performance and guidance. Last quarter, FDS missed the EPS estimate by $0.57 but saw a 2.12% increase in share price the following day. Over the past year, FDS shares have risen by 15.01%.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:00 pm

VERA

Raymond James initiated coverage on Vera Therapeutics Inc (NASDAQ:VERA), giving an Outperform rating and a price target of $29. The company's lead asset, atacicept, showed promising results in a Phase 2b trial for IgA Nephropathy and is currently in a Phase 3 study. Analysts believe the drug has the potential to achieve blockbuster status with peak sales of $1.5 billion by 2035, despite a competitive development landscape. VERA shares were down 0.78% at $15.88 at the last check.

Portfolio Pulse from Vandana Singh

December 18, 2023 | 6:59 pm

COSM

Cosmos Health's stock is experiencing an uptick following the announcement that CEO Greg Siokas plans to buy up to $3 million of the company's common shares in the open market by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 6:58 pm

SPXL

SPXS

SPY

Goldman Sachs' chief equity strategist David Kostin has raised the year-end target for the S&P 500 index in 2024 to 5,100, indicating a 7% rise from current levels and a new all-time high. This contrasts with Cleveland Fed President Loretta Mester's caution against the recent market rally. The SPDR S&P 500 ETF (SPY) is showing bullish signs, attempting to break out from a bull flag pattern. Traders can use Direxion Daily S&P 500 Bull 3X Shares (SPXL) and Direxion Daily S&P 500 Bear 3X Shares (SPXS) to play the market bullishly or bearishly, respectively.

Portfolio Pulse from Melanie Schaffer

December 18, 2023 | 6:54 pm

PLTR

Palantir Technologies (NYSE:PLTR) has seen a 17.49% decrease in short interest since the last report, with 121.15 million shares sold short, representing 6.37% of available shares. The average time to cover these short positions is 1.85 days. Short interest is a market sentiment indicator, and a decrease suggests investors may be more bullish on PLTR. Compared to its peers, PLTR has a higher short interest percentage of float (6.37% vs. peer average of 3.13%).

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 6:45 pm

IQV

IQVIA Holdings (NYSE:IQV) has seen a decrease in short interest, with the short percent of float dropping 9.06% since the last report. The company has 3.68 million shares sold short, representing 2.31% of available shares for trading. The average time to cover these short positions is 3.05 days. This decline in short interest may indicate a more bullish sentiment towards IQVIA Holdings compared to its peers, which have an average short interest of 5.74% of float.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 6:45 pm