Streetbeat News

Assets

BA

Boeing's CFO announced plans to address the company's balance sheet in the near term, which may involve offering equity and equity-linked securities.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:54 pm

USO

The EIA reported a draw of 1.140 million barrels in distillate stocks, which is less than the expected draw of 2.000 million barrels and significantly less than the prior draw of 3.534 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:32 pm

SPY

UNG

The latest report on USA gasoline inventories shows a build of 0.878 million barrels, contrary to the expected draw of 1.600 million barrels. This follows a prior draw of 2.201 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:31 pm

SPY

USO

The latest data shows a significant build in USA crude oil inventories, with an increase of 5.474 million barrels compared to the expected 0.800 million barrels. This contrasts with a prior draw of 2.191 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:31 pm

BA

Boeing's CEO, in a CNBC interview, avoided providing details on a potential capital raise, leaving investors uncertain about the company's financial strategy.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:15 pm

LVS

Las Vegas Sands' subsidiary, Sands China, has entered into a new facility agreement, as reported in an SEC filing. This development could impact Las Vegas Sands' financial operations and market perception.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:07 pm

ARKB

FETH

IBIT

Bitcoin spot ETFs experienced a $79 million outflow after a week of inflows, with mixed results among different funds. BlackRock's ETF gained $42.9 million, while ARK Invest's ETF saw a $134.7 million outflow. Ethereum spot ETFs showed resilience with a $11.9 million inflow, led by Fidelity's ETF. Bitcoin futures market shows signs of caution, with decreased funding rates and plateauing volumes. The upcoming U.S. elections and economic indicators are influencing market sentiment.

Portfolio Pulse from Murtuza Merchant

October 23, 2024 | 1:01 pm

STLA

Stellantis is investing $29.5 million in wind tunnel technology with a moving ground plane to enhance vehicle aerodynamics and energy efficiency. This investment is part of Stellantis' broader strategy to improve vehicle performance and sustainability.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 12:31 pm

JYD

Jayud Global Logistics has acquired a 20% stake in a 70,000 sq.ft. warehouse in Rialto, CA, and a 49% stake in a 50,000 sq.ft. warehouse in Chino, CA. These acquisitions are likely to enhance their logistics capabilities in the region.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 12:07 pm

AIG

American International Group (AIG) is consolidating and expanding its operations in the Atlanta area by relocating its Alpharetta and Buckhead offices to a new innovation hub in Brookhaven, Georgia.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:56 am