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Assets

GM

LAC

Lithium Americas Corp. (NYSE:LAC) shares rose after securing a $2.26 billion loan from the U.S. Department of Energy to fund the Thacker Pass Project in Nevada. This project aims to produce 40,000 tonnes of lithium carbonate annually, with GM acquiring a 38% stake.

Portfolio Pulse from Vaishali Prayag

October 29, 2024 | 7:06 pm

CVI

CVR Energy is considering increasing its liquidity through potential sales of non-core assets. This move is aimed at strengthening the company's financial position.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:43 pm

SHIBUSD

Shiba Inu (SHIB) has surged 15% this week, driven by Bitcoin's rise past $72,000 and significant institutional inflows into Bitcoin ETFs. This has sparked renewed interest in speculative assets like Shiba Inu, which is benefiting from the broader crypto market enthusiasm.

Portfolio Pulse from Henry Khederian

October 29, 2024 | 6:05 pm

BCHUSD

BLK

BTCUSD

Bitcoin Cash (BCH) has risen by 11% this week, driven by Bitcoin's surge above $72,000 and significant institutional inflows into Bitcoin ETFs, including BlackRock's iShares Bitcoin ETF. This has increased interest in Bitcoin Cash as a more accessible alternative to Bitcoin.

Portfolio Pulse from Henry Khederian

October 29, 2024 | 5:36 pm

UMAC

Unusual Machines, Inc. (NYSE:UMAC) announced a $1.96 million private placement, issuing 1,286,300 units at $1.52 each. Each unit includes one share of common stock and one warrant, exercisable at $1.99 per share. The funds will be used for corporate purposes and working capital.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:18 pm

SPTN

SpartanNash has entered into an Asset Purchase Agreement with Markham Enterprises, acquiring three fuel centers and convenience stores. This marks SpartanNash's second acquisition this month, following its acquisition of Fresh Encounter Inc.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:03 pm

TVGN

Tevogen Bio has signed a letter of intent with CD8 Technology to build a $50M R&D and manufacturing facility, which will not impact shareholder equity. This move supports Tevogen's growth agenda and commitment to shareholder value.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:45 pm

GLD

TLT

Gold prices have reached a record high of $2,770 per ounce, driven by concerns over deficits and political uncertainty. The SPDR Gold Trust (GLD) has shown strong performance, while the iShares 20+ Year Treasury Bond ETF (TLT) has declined. Gold's rise defies traditional correlations with the U.S. dollar and Treasury yields, suggesting investors are seeking it as a safe haven amid fiscal concerns.

Portfolio Pulse from Piero Cingari

October 29, 2024 | 4:33 pm

BITF

CAN

HIVE

HUT

MARA

RIOT

Bitcoin miners and crypto-linked stocks are experiencing a surge as Bitcoin's price surpasses $70,000.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:01 pm

LAC

Lithium Americas shares rose following the announcement of a $2.26 billion loan from the U.S. Department of Energy's Loan Programs Office.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 3:41 pm