First Trust TCW Unconstrained Plus Bond ETF (ARCA: UCON)

First Trust TCW Unconstrained Plus Bond ETF (ARCA:UCON), Quote.Headers.trade-ideas

First Trust TCW Unconstrained Plus Bond ETF

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. The fund may invest a significant portion of its assets in securitized investment products, including up to 50% in each of ABS, RMBS and CMBS. It may also utilize listed and over-the-counter (OTC) traded derivatives instruments for duration/yield curve management and/or hedging purposes. The fund is non-diversified.

U.S. stocks were lower, with the Dow Jones index falling around 200 points on Friday.
Shares of Constellation Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NYSE">CEG</a>) rose sharply during Friday's session after the company announced it signed a 20-year power purchase agreement with Microsoft that will help launch the Crance Clean Energy Center and restart<a href="https://www.benzinga.com/quote/CEG/news"> Three Mile Island Unit 1</a>.
Constellation Energy shares jumped 13.4% to $236.43 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) shares jumped 20.1% to $12.73.</li>
<li>Oklo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NASDAQ">OKLO</a>) gained 18.7% to $7.84.</li>
<li>Byrna Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYRN#NASDAQ">BYRN</a>) gained 9.3% to $16.47.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) gained 8.8% to $100.62.</li>
<li>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) shares rose 7.8% to $44.29.</li>
<li>Centrus Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) gained 7.5% to $44.56.</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) climbed 7.5% to $10.33.</li>
<li>Murano Global Investments Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNO#NASDAQ">MRNO</a>) rose 7.1% to $8.41.</li>
<li>Scholar Rock Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) gained 6.9% to $9.10.</li>
<li>Sinclair, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) gained 6.5% to $14.98 as the company raised its third quarter and full-year 2024 political revenue estimates.</li>
<li>NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) gained 6.3% to $86.06 after the company announced Elliot Hill will take over as the new President and CEO. John Donahoe will retire from his position.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) rose 6.1% to $20.69. The Federal Trade Commission (FTC) recently slapped a fine on CEO Ryan Cohen.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40956962/top-3-financials-stocks-that-may-rocket-higher-this-quarter">Top 3 Financials Stocks That May Rocket Higher This Quarter</a></li>
</ul>

News

Intraday Update

Markets

Movers

Trading Ideas

BYRN

MRNO

OKLO

SBGI

SRRK

Constellation Energy, Nike, Sinclair And Other Big Stocks Moving Higher On Friday

Large tech companies are in a race to release new AI-driven <a href="https://www.benzinga.com/topic/artificial-intelligence">products and services</a>, aiming to capture a share of the rapidly expanding market. On Thursday, Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) unveiled its beta version of a video-generation tool powered by <a href="https://www.aboutamazon.com/news/innovation-at-amazon/amazon-ads-generative-ai-video-generator-advertisers">artificial intelligence in a blog post.</a>
The new tool enables advertisers to create videos using Amazon's AI technology. This product could compete with Adobe Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) upcoming text-to-video service, Firefly, which is expected to launch in beta later this year, <a href="https://www.theverge.com/2024/9/11/24241649/adobe-firefly-text-to-video-generative-ai-features-preview">according </a>to The Verge.
Amazon's video generator will initially be available in beta to select advertisers, allowing them to create promotional videos for their products using Amazon's AI at no additional cost.
Read Also: <a href="https://www.benzinga.com/news/large-cap/24/09/40930357/amazon-ends-remote-work-former-employee-asks-if-this-is-the-companys-version-of-silent-sacking">Amazon Ends Remote Work, Former Employee Asks If This Is The Company&#8217;s Version Of &#8216;Silent Sacking&#8217;</a>
"Video generator is another meaningful innovation that leverages generative AI to inspire creativity and deliver more value for both advertisers and shoppers," Amazon Ads vice president of product and technology Jay Richman said. Amazon and Adobe are not alone in the AI-powered video generator space. Other companies, like OpenAI, have also teased technology allowing users to create videos through simple text prompts such as "dog running through a field." Amazon&#8217;s video-generating technology is aimed at allowing companies to create a short video advertisement based on a single image of a product. If a company is selling a pair of shoes on Amazon, it will be able to turn a picture of the shoes into a short video advertisement showcasing the shoes in action. What Is Amazon Ads? Amazon Ads is the company's advertising arm, offering various marketing strategies and solutions to companies of all sizes. According to its website, companies can launch an advertising campaign through Amazon Ads in five minutes or less. Keep Reading: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40847157/jim-cramer-rebukes-analysts-for-harsh-stance-on-adobe-despite-strong-q3-earnings-report-asks-for">Jim Cramer Rebukes Analysts For Harsh Stance On Adobe Despite Strong Q3 Earnings Report — Asks For Balanced Perspective Between &#8216;Total Euphoria And Total Skepticism&#8217;</a></li>
</ul>
Photo: Shutterstock

Tech

General

ADBE

AMZN

Amazon's AI Effort Takes Aim At A Household Name With New Video Technology

WIIM

Shares of nuclear power stocks are trading higher amid sympathy with Constellation Energy after the company announced a 20-year power purchase agreement with Microsoft to provide power for the tech giant's data centers.

Shares of FedEx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) tanked climbing in early trading on Friday, after the company reported <a href="https://www.benzinga.com/news/24/09/40956610/fedex-reports-downbeat-results-joins-millerknoll-and-other-big-stocks-moving-lower-in-fridays-pre-ma">downbeat results for its fiscal first quarter</a>.
Here are some key analyst takeaways.
<ul>
<li>BMO Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586f95cc72b34c0001c9b15b/fadi-chamoun">analyst Fadi Chamoun</a> reiterated a Market Perform rating, while reducing the price target from $325 to $300.</li>
<li>Stifel <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5af2e4afca26bd0001e8b287/j.-bruce%20chan">analyst Bruce Chan</a> maintained a Buy rating, while cutting the price target from $327 to $321.</li>
<li>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e8b4e0e1e7bd60001d9d07b/jordan-alliger">analyst Jordan Alliger</a> reaffirmed a Buy rating, while reducing the price target from $332 to $328.</li>
<li>Stephens <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5805f8a2846faa000106ab15/james-schneider">analyst Daniel Imbro</a> maintained an Overweight rating and price target of $350.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
BMO Capital Markets: FedEx reported its adjusted EBIT and earnings at $1,208 million and $3.60 per share, below consensus of $1,611 million and $4.75 per share, respectively, Chamoun said in a note. Softer demand and a "mix shift towards lower-yielding products&#8221; impacted the company's results.
"FDX sees revenue growth at the low end of the previous guidance range driving F2025 outlook lower," the analyst wrote. DRIVE remains on track to deliver $2.2 billion in structural cost savings in fiscal 2025. Analysts say that &#8220;the risk to revenue assumptions remains to the downside.&#8221; 
Stifel: FedEx posted disappointing results for the fiscal first quarter, with adjusted earnings almost 25% below consensus. A mix shift towards higher volumes of less profitable freight impacted the results, Chan added.
"DRIVE program cost savings helped offset some of the elevated expenses this quarter, but we believe the savings were not as material as expected, largely due to timing," the analyst wrote. "Management expects cost savings to ramp sequentially and revenue management initiatives to address yield pressure over the course of the year, but we think the shortfall this quarter makes it tougher to achieve an already downwardly-revised annual earnings guidance midpoint," he further stated.
Goldman Sachs: FedEx's results showed that the "freight recession continues especially in B2B and manufacturing,&#8221; Alliger said. Results from Ground Commercial, Domestic Priority and International Priority came in weaker than expected, he added.
Management lowered their adjusted earnings guidance for fiscal 2025 to $20-$21 per share, from their previous forecast of $20-$22 per share, with a downward revision of the revenue growth guidance to low-single-digits, from low-single-digits to mid-single-digits, the analyst stated. &#8220;Ongoing volume related mix pressures, and the impact on the margins," could impact the company's performance for the rest of the year.
Stephens: "The miss vs. our model was largely driven by softer FEC margin (and lighter revenue) along with weaker results in FDX Freight, partially offset by lower interest and other expenses," Imbro wrote in a note. Management lowered their full-year revenue growth guidance as "a weaker macro is partially offset by pricing actions," he added.
The guidance now implies an "even heavier" weighting in the back half of the year, the analyst stated. "Permanent DRIVE savings of $2.2 billion were reiterated, along with ~$5.2 billion in CapEx," he further stated.
FDX Price Action: Shares of FedEx had declined by over 15.5% to $253.76 at the time of publication on Friday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40957779/shipping-giants-fedex-ups-stocks-slip-friday-whats-going-on">Shipping Giants FedEx, UPS Stocks Slip Friday: What&#8217;s Going On?</a></li>
</ul>
Image: Shutterstock

Analyst Color

Earnings Beats

Price Target

Reiteration

Analyst Ratings

FedEx Posts Downbeat Q1 Earnings, Cuts Guidance: Why Analysts See More Downside Ahead

Barrington Research analyst Alexander Paris maintains HealthEquity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) with a Outperform and maintains $105 price target.

Barrington Research Maintains Outperform on HealthEquity, Maintains $105 Price Target

Barrington Research analyst Alexander Paris maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and maintains $165 price target.

LOPE

Barrington Research Maintains Outperform on Grand Canyon Education, Maintains $165 Price Target

AutoZone, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) will release earnings results for its fourth quarter fiscal 2024, before the <a href="https://www.benzinga.com/quote/AZO/earnings">opening bell on Tuesday, Sept. 24.</a>
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $53.69 per share, up from $46.46 per share in the year-ago period. AutoZone is projected to post quarterly revenue of $6.23 billion, compared to $5.69 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 19, AutoZone&#8217;s board approved an additional $1.5 billion share repurchase.
AutoZone shares fell 1.1% to close at $3,040.09 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee57ee7bf6000154d134/seth-basham">Wedbush analyst Seth Basham</a> reiterated an Outperform rating with a price target of $3,200 on Sept. 19. This analyst has an accuracy rate of 76%.</li>
<li>Evercore ISI Group analyst Greg Melich maintained an Outperform rating and slashed the price target from $3,278 to $3,275 on July 2. This analyst has an accuracy rate of 81%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ac4af2b85e930001e6383b/brian-nagel">Oppenheimer analyst Brain Nagel</a> maintained a Perform rating with a price target of $2,600 on June 26. This analyst has an accuracy rate of 72%.</li>
<li>Barclays analyst Matthew McClintock maintained an Overweight rating and cut the price target from $3,100 to $3,024 on May 23. This analyst has an accuracy rate of 87%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58cfe567b85e9300015ce43d/michael-lasser">UBS analyst Michael Lasser</a> maintained a Buy rating and decreased the price target from $3,465 to $3,340 on May 22. This analyst has an accuracy rate of 79%.</li>
</ul>
Considering buying AZO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="514" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20023555/image-157-1024x514.png" alt="" class="wp-image-557643" style="width:669px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20023555/image-157-1024x514.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20023555/image-157-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20023555/image-157-768x385.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20023555/image-157.png 1336w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/40948972/coinbase-global-electronic-arts-and-2-other-stocks-executives-are-selling">Coinbase Global, Electronic Arts And 2 Other Stocks Executives Are Selling</a></li>
</ul>

Earnings

AutoZone Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Cantor Fitzgerald analyst Kristen Kluska reiterates ADMA Biologics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADMA#NASDAQ">ADMA</a>) with a Overweight and maintains $20 price target.

ADMA

Cantor Fitzgerald Reiterates Overweight on ADMA Biologics, Maintains $20 Price Target

Barrington Research analyst James Goss maintains Dolby Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLB#NYSE">DLB</a>) with a Outperform and maintains $100 price target.

Barrington Research Maintains Outperform on Dolby Laboratories, Maintains $100 Price Target

Cantor Fitzgerald analyst Kristen Kluska reiterates Abeona Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABEO#NASDAQ">ABEO</a>) with a Overweight and maintains $18 price target.

ABEO

Cantor Fitzgerald Reiterates Overweight on Abeona Therapeutics, Maintains $18 Price Target

Barrington Research analyst Michael Petusky maintains Dentsply Sirona (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRAY#NASDAQ">XRAY</a>) with a Outperform and maintains $36 price target.

XRAY

Barrington Research Maintains Outperform on Dentsply Sirona, Maintains $36 Price Target

Investors might want to bet on Howmet (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hwm#NYSE">HWM</a>), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company&#39;s changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
Therefore, the Zacks rating upgrade for Howmet basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
<h2>Most Powerful Force Impacting Stock Prices</h2>
The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That&#39;s partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Howmet imply an improvement in the company&#39;s underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
<h2>Earnings Estimate Revisions for Howmet</h2>
This maker of engineered products for the aerospace and other industries is expected to earn $2.59 per share for the fiscal year ending December 2024, which represents a year-over-year change of 40.8%.
Analysts have been steadily raising their estimates for Howmet. Over the past three months, the Zacks Consensus Estimate for the company has increased 8.6%.
<h2>Bottom Line</h2>
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
The upgrade of Howmet to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
<a href="https://www.zacks.com/stock/news/2338692/howmet-hwm-upgraded-to-strong-buy-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2338692">To read this article on Zacks.com click here.</a>

Large Cap

Upgrades

Howmet Upgraded to Strong Buy: Here's Why

Barrington Research analyst Kevin Steinke maintains Crawford (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRD#NYSE">CRD</a>) with a Outperform and maintains $12 price target.

CRD/A

Barrington Research Maintains Outperform on Crawford, Maintains $12 Price Target

Barrington Research analyst Vincent Colicchio maintains Concentrix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) with a Outperform and maintains $84 price target.

CNXC

Barrington Research Maintains Outperform on Concentrix, Maintains $84 Price Target

Cantor Fitzgerald analyst Sarah James reiterates UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) with a Overweight and maintains $591 price target.

Cantor Fitzgerald Reiterates Overweight on UnitedHealth Group, Maintains $591 Price Target

JP Morgan analyst Brian Ossenbeck maintains FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) with a Overweight and lowers the price target from $359 to $350.

JP Morgan Maintains Overweight on FedEx, Lowers Price Target to $350

Lido Staked Ether's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">STETH</a>) price has increased 4.81% over the past 24 hours to $2,544.41. Over the past week, STETH has experienced an uptick of over 6.0%, moving from $2,377.96 to its current price. As it stands right now, the coin's all-time high is $4,829.57. 
The chart below compares the price movement and volatility for Lido Staked Ether over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726844624_0.png" alt="price_chart" />
The trading volume for the coin has increased 98.0% over the past week while the overall circulating supply of the coin has increased 0.05% to over 9.75 million. The current market cap ranking for STETH is #8 at $24.79 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726844624_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$STETH

Lido Staked Ether's Price Increased More Than 4% Within 24 hours

JP Morgan analyst Joseph Giordano maintains Auna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUNA#NYSE">AUNA</a>) with a Overweight and lowers the price target from $14 to $13.

AUNA

JP Morgan Maintains Overweight on Auna, Lowers Price Target to $13

Over the past 24 hours, WETH's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WETH</a>) price rose 4.91% to $2,547.10. This continues its positive trend over the past week where it has experienced a 7.0% gain, moving from $2,369.51 to its current price. As it stands right now, the coin's all-time high is $4,799.89. 
The chart below compares the price movement and volatility for WETH over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726844555_0.png" alt="price_chart" />
The trading volume for the coin has climbed 49.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.8%. This brings the circulating supply to 2.93 million. According to our data, the current market cap ranking for WETH is #17 at $7.47 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726844555_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$WETH

WETH Rises More Than 4% In 24 hours

Over the past 24 hours, Avalanche's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/avax/usd">AVAX</a>) price rose 4.82% to $27.5. This continues its positive trend over the past week where it has experienced a 13.0% gain, moving from $24.27 to its current price. As it stands right now, the coin's all-time high is $144.96. 
The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726844546_0.png" alt="price_chart" />
The trading volume for the coin has increased 130.0% over the past week while the overall circulating supply of the coin has increased 0.43% to over 405.96 million which makes up an estimated 56.38% of its max supply, which is 720.00 million. The current market cap ranking for AVAX is #13 at $11.10 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726844546_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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First Trust TCW Unconstrained Plus Bond ETF

Overview

First Trust TCW Unconstrained Plus Bond ETF (ARCA:UCON), Quote.Headers.trade-ideas