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BTCUSD

GLD

SLV

Galaxy Digital CEO Mike Novogratz predicts that Bitcoin, gold, and silver will surge if the Federal Reserve shifts from a hawkish to a dovish monetary policy. He notes the weakening US dollar in anticipation of a Fed pivot and is shorting the Chinese Yuan due to China's economic issues. Novogratz is also short on the dollar, expecting a US economic slowdown, easing inflation, and potential Fed rate cuts. He is bullish on gold and silver, suggesting significant rises if the Fed stops rate hikes and starts cutting rates. Novogratz also sees the approval of spot Bitcoin ETFs, a scarcity of sellers, and the Bitcoin halving cycle as factors that could drive Bitcoin's price higher. Additionally, he mentions political uncertainty around the 2024 election and fiscal instability as reasons for investing in Bitcoin.

Portfolio Pulse from Benzinga Neuro

November 30, 2023 | 9:55 am

PCG

PG&E Corporation has priced an upsized offering of $1.9 billion in convertible senior secured notes due in 2027. The proceeds from the offering will be used to prepay a portion of the company's existing term loan.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 8:23 am

EWQ

France's Harmonised Index of Consumer Prices (HICP) showed a preliminary monthly decrease of 0.3%, which is lower than the estimated 0.1% decrease and the prior month's increase of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 7:50 am

DINO

HEP

HF Sinclair (DINO) and Holly Energy Partners (HEP) have announced the final results of their note exchange and consent solicitations. The details of the transaction, including the acceptance rates and terms, were not disclosed in the provided information.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 7:41 am

PSX

Phillips 66 confirms ongoing discussions with Elliott Investment and updates on its business goals, including raising shareholder distributions, monetizing non-core assets, returning cash flow to shareholders, and increasing savings and EBITDA targets.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 7:25 am

GFL

GFL Environmental has upsized its private offering of senior secured notes to $1 billion, an increase of $300 million from the initially announced $700 million. The company plans to use the proceeds to fully repay its Term Loan A Facility and most of the outstanding borrowings under its Revolving Credit Facility.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:51 am

CCIF

Carlyle Credit Income Fund (CCIF) reported a net investment loss of $0.14 per common share for Q4 2023, attributed to non-recurring expenses from a previous advisor. Despite this, the fund's NAV per share increased by 1.8% year-over-year to $8.42. From July 14 to September 30, 2023, after CGCIM became the investment advisor, net investment income was $0.13 per share. The fund remained unlevered through Q4, with total investments valued at $93.9 million as of September 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:26 am

EWA

Australia's Building Approvals for October showed a significant increase of 7.5% month-over-month, surpassing the estimated 1.4%. This is a notable rebound from the previous month's revised figure of -4%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 5:53 am

BBJP

DXJ

EWJ

Japan's Industrial Production for October increased by 1%, surpassing the estimated 0.8% and the previous 0.5%. This indicates a stronger than expected performance in Japan's industrial sector.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 5:53 am

SHIBUSD

Shiba Inu's (CRYPTO: SHIB) burn rate increased by 500% with over 83 million SHIB tokens burned, coinciding with increased activity on its Layer-2 platform Shibarium, which has logged over 4.25 million transactions. Despite a delay in its launch, Shibarium's daily transactions recently doubled to nearly 35,000. SHIB's price is currently at $0.0000082, down 1% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 30, 2023 | 4:10 am