Streetbeat News

Assets

AULT

Ault Alliance has announced a strategic decision to hold between 5% to 20% of the Bitcoin it mines on its balance sheet. This is part of the company's plan to enhance asset management and increase stockholder value.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:31 am

AQN

Algonquin Power & Utilities Corp. has priced a debt offering consisting of $500 million of 5.577% senior notes due January 31, 2029, and $350 million of 5.869% senior notes due January 31, 2034. This move indicates the company's strategy to secure long-term financing and manage its capital structure.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:03 am

EWG

Germany's latest 10-Year Bund auction saw the yield at 2.190%, a decrease from the previous rate of 2.450%. This suggests a potential shift in investor sentiment or economic outlook.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 10:49 am

CME

CME Group reported a record international average daily volume (ADV) of 6.8 million contracts in 2023, marking an 8% increase from the previous year. The growth was primarily attributed to a 26% rise in Equity Index products and a 23% increase in Interest Rate products.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 8:38 am

MSTR

MicroStrategy Inc (NASDAQ:MSTR) has seen its unrealized gains from Bitcoin investments swell to over $840 million in 2024, with $600 million gained in a single day due to Bitcoin's price rally. Despite a 15% drop in MicroStrategy's stock price this year, the company's Bitcoin treasury remains the largest corporate holding globally, valued at approximately $8.832 billion. CEO Michael Saylor sold shares worth $216 million as part of a pre-disclosed plan and continues to advocate for MSTR as a Bitcoin investment vehicle.

Portfolio Pulse from Mehab Qureshi

January 10, 2024 | 8:12 am

DOGEUSD

A rumor about the death of Kabuso, the Shiba Inu mascot of Dogecoin (CRYPTO: DOGE), caused a 9% spike in DOGE's price to $0.83, followed by $2.4M in liquidations when the rumor was debunked. Dogecoin, a meme-based cryptocurrency, has a significant market cap of over $11 billion. The rumor's impact was short-lived as the social media post was revealed to be fake.

Portfolio Pulse from Mehab Qureshi

January 10, 2024 | 7:48 am

HASI

Hannon Armstrong Sustainable Infrastructure Capital (HASI) has upsized its private offering of green senior unsecured notes from $100 million to $200 million. The notes, due in 2027, have been priced at 102.75% with a yield to maturity of 7.08% and yield to worst of 7.02%. The offering is expected to close on January 12, 2024, with net proceeds estimated at $204.4 million after expenses.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 6:51 am

VTLE

Vital Energy exceeded its Q4 production guidance with an average of 113.4 MBOE/d, surpassing the expected range of 101.8 - 105.8 MBOE/d. Oil production also topped guidance at 52.8 MBO/d against the forecasted 47.9 - 50.9 MBO/d. This performance boost was attributed to well outperformance in Howard and Upton counties, earlier transaction closings, and additional working interest acquisitions. Q4 capital expenditures were $190 million, aligning with the projected $175 - $190 million.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 6:15 am

TMUS

T-Mobile US has announced a public offering of $3 billion in Senior Notes with varying maturities: $1 billion due in 2029 at 4.850%, $1.25 billion due in 2034 at 5.150%, and $750 million due in 2055 at 5.500%.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 6:11 am

BBJP

DXJ

EWJ

The latest auction for Japan's 10-Year JGB (Japanese Government Bonds) resulted in a yield of 0.596%, which is lower than the previous yield of 0.697%.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 5:00 am