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FLOKIUSD

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TokenFi (CRYPTO: TOKEN) surged by 10%, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which saw smaller gains. A core contributor to Floki, B Da Viking, announced TokenFi's plan to integrate traditional assets into the blockchain, with its RWA Tokenization Module set to go live in 2024. TOKEN will be the primary utility token for this module. Additionally, the FlokiFi Locker within the Floki ecosystem reached a TVL of $107 million, marking an all-time high.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 10:04 am

OLP

One Liberty Properties, Inc. (NYSE:OLP) has completed the sale of two restaurant properties and part of a retail property for $8.7 million, expecting a gain of $2.7 million. Additionally, OLP has agreements to sell three restaurant properties and two retail properties for $23.0 million, with an anticipated gain of $10.0 million. The company also refinanced mortgage debt on two industrial properties, resulting in gross proceeds of $13.0 million, after accounting for $7.1 million of the refinanced amounts. The new debt has a higher interest rate of 6.02% compared to the previous 4.02%.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:07 am

EWU

The U.K. Nationwide House Price Index reported a year-on-year decrease of 2% for November, which is a smaller decline than the estimated 2.3% and the previous 3.3%. This suggests a less severe contraction in U.K. house prices than anticipated.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:03 am

EWU

The U.K. Nationwide House Price Index for November showed an increase of 0.2% month-over-month, beating the estimate of -0.4%. This indicates a positive trend in the U.K. housing market compared to expectations.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:02 am

MSTR

MicroStrategy Inc, under CEO Michael Saylor, added 16,130 BTC to its holdings in November, bringing its total to 174,530 BTC. Galaxy Digital CEO Mike Novogratz praised Saylor, noting MicroStrategy's stock outperformed BTC despite selling $600 million of stock to buy Bitcoin. Novogratz sees this as a sign of strong institutional demand for a potential Bitcoin ETF. MicroStrategy's aggressive Bitcoin investment strategy and the anticipation of a Bitcoin ETF are highlighted as significant market developments.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 6:50 am

TIXT

TELUS Corporation has enhanced its 5G capabilities by acquiring 3800 MHz spectrum licenses for $620 million. This acquisition gives TELUS an average of 72 MHz of 3800 MHz spectrum nationally, complementing the 3500 MHz spectrum they obtained in 2021. TELUS now holds around 100 MHz of prime 5G mid-band spectrum across 96% of Canada, including all major markets.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 6:50 am

GEL

Genesis Energy has upsized and priced a $600 million public offering of 8.250% senior unsecured notes due in 2029. This move indicates the company's efforts to raise capital, potentially for debt refinancing, growth initiatives, or other corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 6:46 am

BBJP

DXJ

EWJ

Japan's capital spending for Q3 came in at 3.4%, matching the estimate and showing a decrease from the prior 4.5%. This indicates a slowdown in capital investment growth.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 5:27 am

ETH-USD

Following the death of Henry Kissinger, at least 9 tokens named after him have emerged in the crypto space, with one experiencing a 5,700% surge on Uniswap. These tokens, found on Ethereum, Solana, and BNB Chain, are prone to rapid price inflation and 'rug-pulls', posing high risks to investors. The ease of creating cryptocurrencies contributes to such volatile market entries.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 4:28 am

ARKW

COIN

PSTG

SHOP

TDOC

TXG

Ark Invest, led by Cathie Wood, sold 37,377 shares of Coinbase Global Inc (COIN) through the ARK Next Generation Internet ETF (ARKW). The firm also adjusted its portfolio by adding shares of Robinhood, 10X Genomics Inc (TXG), Teladoc Inc (TDOC), and Pure Storage Inc (PSTG), while selling shares of Shopify Inc (SHOP). These trades reflect Ark's strategic shifts in response to market trends and anticipation of a Bitcoin spot ETF approval.

Portfolio Pulse from Benzinga Neuro

December 01, 2023 | 3:56 am