Streetbeat News

Assets

TTWO

Take-Two Interactive is reportedly in discussions to sell its Chartboost adtech division, which it acquired through the Zynga acquisition in 2022.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:43 pm

CDZI

MSFT

NVDA

The article discusses the concept of career risk in financial markets, highlighting how it influences fund managers to follow the herd rather than make independent investment decisions. It emphasizes the potential of Cadiz Inc. (CDZI) as an under-the-radar investment opportunity due to its water project in Southern California, which could significantly increase its stock value.

Portfolio Pulse from Tim Melvin

October 30, 2024 | 6:17 pm

BLK

BlackRock Inc. is in advanced talks to acquire HPS Investment Partners, aiming to strengthen its position in the private credit industry.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:49 pm

JBLU

SAVE

Spirit Airlines (NYSE:SAVE) has seen stock volatility due to a significant aircraft sale and financial updates. The sale of 23 aircraft for $519 million aims to boost liquidity by $225 million. Despite operational challenges, Spirit anticipates improved margins and cost reductions. However, potential bankruptcy options are being explored due to financial pressures.

Portfolio Pulse from Henry Khederian

October 30, 2024 | 3:42 pm

GBTC

IBIT

MSTR

Bitcoin ETFs are nearing the status of the largest collective Bitcoin holders, potentially surpassing Satoshi Nakamoto's holdings. U.S.-based Bitcoin ETFs currently hold 995,663 BTC, with BlackRock and Grayscale being significant contributors. This trend highlights the growing institutional adoption of Bitcoin.

Portfolio Pulse from Murtuza Merchant

October 30, 2024 | 3:38 pm

UNH

The article provides a comprehensive analysis of UnitedHealth Group (UNH) compared to its competitors in the Health Care Providers & Services industry. It highlights UNH's high valuation metrics, strong profitability, and operational efficiency, but notes its lower revenue growth and higher debt-to-equity ratio, indicating potential financial risk.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 3:00 pm

BLK

FBTC

IBIT

Bitcoin is projected to reach $101,694 by January 2025, driven by strong market momentum and increasing institutional demand through spot ETFs. Bitcoin's dominance in the crypto market has increased, and spot ETFs have seen significant inflows, indicating robust demand.

Portfolio Pulse from Murtuza Merchant

October 30, 2024 | 2:43 pm

SPY

USO

The latest report indicates a draw in USA gasoline inventories by 0.259 million barrels, compared to a previous build of 0.666 million barrels. This change in inventory levels could impact energy-related ETFs and stocks.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 2:31 pm