Streetbeat News

Assets

BLK

BlackRock shares rise as the company reports better-than-expected Q3 financial results and $11.5 trillion in assets under management.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 2:51 pm

STLA

Stellantis CEO has confirmed that the company has no plans to sell its luxury car brand, Maserati. This statement clarifies any speculation about potential divestment of Maserati by Stellantis.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 2:20 pm

SSSS

SuRo Capital Corp shares are trading higher following the company's Q3 investment portfolio updates, with a reported net asset value (NAV) between $6.50-$7.00 per share.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 1:58 pm

BLK

FDFF

NITE

BlackRock, Inc. (NYSE:BLK) reported strong Q3 earnings, with revenue and EPS beating expectations. The company's AUM reached $11.5 trillion, driven by significant net inflows and market movements. BlackRock also completed the acquisition of Global Infrastructure Partners, enhancing its private markets capabilities.

Portfolio Pulse from Lekha Gupta

October 11, 2024 | 11:25 am

JPM

JPMorgan CEO Jamie Dimon has stated that the bank has an extraordinarily strong balance sheet, which could imply financial stability and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:56 am

ETHUSD

Justin Bieber's Ethereum investment has yielded a 5.3% return in 2024, with his wallet holding 146.478 Ether worth $353,575. His portfolio remains unchanged since 2022, with a focus on Ethereum and NFTs.

Portfolio Pulse from Aniket Verma

October 11, 2024 | 10:45 am

TSBX

Turnstone Biologics is streamlining operations to extend its cash runway into Q2 2026 by focusing on the clinical advancement of its TIDAL-01 therapy. The company is reallocating resources from other preclinical assets and has made leadership changes to support this focus.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:06 am

BATRA

BATRK

BRK

RCI

The Minnesota Twins are up for sale, potentially impacting the valuation of other MLB teams, including the Atlanta Braves. Warren Buffett, through Berkshire Hathaway, holds a stake in the Braves, which could benefit if the Twins' sale boosts MLB team valuations.

Portfolio Pulse from Chris Katje

October 10, 2024 | 9:54 pm

HEPS

Hepsiburada's subsidiary, Hepsifinans, has issued its first bond at a nominal value of TRY 250 million, with a six-month maturity and a 51.50% annual interest rate. The funds will support the growth of its consumer finance business.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:32 pm

IKT

Inhibikase Therapeutics shares rose following Point72 Asset Management's disclosure of an 8.4% passive stake in the company.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:29 pm