Streetbeat News

Assets

IKNA

Ikena Oncology's Q3 report shows cash, cash equivalents, and marketable securities of $196.9M. This is expected to provide a cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:33 pm

TCRX

TScan Therapeutics reported ending Q3 with cash, cash equivalents, and marketable securities of $215.4M. This amount is expected to fund the company's operations into 2026.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:28 pm

MNPR

Monopar Therapeutics reported Q3 losses of $(0.14) per share, beating the analyst consensus estimate of $(0.17) by 17.65%. This is a 26.32% increase over losses from the same period last year. The company's cash, cash equivalents and short-term investments of $8.5M are estimated to fund its operations at least through November 2024.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:27 pm

GLP

Global Partners LP has agreed to acquire 25 liquid energy terminals from Motiva Enterprises LLC for $305.8 million in cash. This acquisition is expected to expand Global Partners' footprint in the liquid energy market.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:20 pm

APYX

Apyx Medical Corporation has announced a new debt facility with Perceptive Advisors. The facility includes senior, secured term loans of up to $45M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:09 pm

AAPL

Apple Inc. co-founder Steve Wozniak has been hospitalized in Mexico City after fainting at a business event. The exact cause is not known yet, but local media reports suggest that Wozniak may have suffered a stroke or experienced vertigo. Wozniak, who left Apple in 1985, was in Mexico City to attend the World Business Forum.

Portfolio Pulse from Rounak Jain

November 09, 2023 | 12:07 pm

BTCUSD

GBTC

The Securities and Exchange Commission (SEC) has initiated discussions with Grayscale Investments regarding its proposed spot Bitcoin ETF. The crypto sector is keenly awaiting the SEC’s approval of such ETF applications, as it is seen as a key event that could expand retail investors’ access to digital assets. Grayscale has been in regular communication with the SEC’s Division of Trading and Markets and the Division of Corporation Finance, following its legal victory in court.

Portfolio Pulse from Mehab Qureshi

November 09, 2023 | 5:50 am

BTCUSD

Economist Nouriel Roubini, known for his criticism of cryptocurrencies, has launched his own stablecoin, the Atlas Climate Token (ACT). The move has been criticized by Binance CEO Changpeng Zhao, who accused Roubini of using the Binance logo without permission. ACT is designed to be pegged to a portfolio of real-world assets, and Atlas is in discussions with top-tier ETF issuers and distributors for the launch of an ETF.

Portfolio Pulse from Mehab Qureshi

November 09, 2023 | 4:58 am

ARKF

ARKK

ARKW

GBTC

HOOD

PACB

ROKU

TXG

Cathie Wood's Ark Invest purchased over $9.5 million worth of shares in Robinhood Markets Inc (NASDAQ:HOOD), despite its mixed third-quarter earnings report. The shares were purchased through ARK Innovation ETF (NYSE:ARKK), ARK Next Generation Internet ETF (NYSE:ARKW), and Ark Fintech Innovation ETF (NYSE:ARKF). Ark also increased stakes in Pacific Biosciences of California (NASDAQ:PACB) and 10X Genomics Inc (NASDAQ:TXG), sold Roku Inc (NASDAQ:ROKU) shares, and divested from Bitcoin Investment Trust (OTC:GBTC).

Portfolio Pulse from Benzinga Neuro

November 09, 2023 | 4:42 am

BTCUSD

ETHUSD

A token named GROKAI, inspired by Elon Musk's AI Chatbot Grok, has seen a 650% increase in value within a 24-hour period. The token was released by anonymous developers into the cryptocurrency community, garnering a significant market cap in the millions. However, Musk has stated that none of his companies will ever create cryptocurrency tokens. The current value of the GROKAI token stands at $0.023, with a total market capitalization of $406.75K.

Portfolio Pulse from Mehab Qureshi

November 09, 2023 | 3:40 am