Streetbeat News

Assets

UNP

Union Pacific announced that it is making significant investments in freight cars and increasing capacity across its network. The company is also continuing to make capital investments to increase capacity for customers and harden infrastructure across its 32,000-mile network.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 2:50 pm

TPX

An option alert has been issued for Tempur Sealy Intl (TPX) for Dec 15 $40 calls. A total of 880 contracts were traded near the ask price at $1.7, compared to an open interest of 87. The reference price was $38.26.

Portfolio Pulse from Charles Gross

October 27, 2023 | 2:50 pm

HSY

Unusual options activity has been observed for Hershey (NYSE:HSY), with a bearish stance taken by a large investor. The sentiment among these big-money traders is 90% bearish. The targeted price range for Hershey over the last 3 months is from $125.0 to $190.0. Analysts from Morgan Stanley, TD Cowen, B of A Securities, Stephens & Co., and Barclays have provided their ratings and price targets for Hershey.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:16 pm

ELP

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years, producing an average annual return of 19.26%. If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $2,501.47 today.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:00 pm

SCCO

Over the past 10 years, Southern Copper (NYSE:SCCO) has outperformed the market by 1.0% on an annualized basis, producing an average annual return of 9.93%. If an investor had bought $1000 of SCCO stock 10 years ago, it would be worth $2,549.89 today.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:00 pm

BTCUSD

ETHUSD

TRON

USDTUSD

In South Korea, altcoins and the Tron network are preferred over Bitcoin and Ethereum for deposits and withdrawals, according to DeSpread Research. This trend is driven by centralized exchanges like Upbit, which accounts for about 80% of the Korean crypto exchange market. Upbit users also prefer Tron over Ethereum due to lower fees and faster transaction processing. Daily transactions via the Tron network reach up to 2 million, compared to Ethereum's roughly 100,000 transactions.

Portfolio Pulse from Murtuza Merchant

October 27, 2023 | 1:49 pm

BSVUSD

BTCUSD

ETHUSD

NEOUSD

Bitcoin (BTC) and Ethereum (ETH) traded lower on Friday, with ETH falling below the key $1,800 mark. Core PCE prices in the US rose by 0.3% from the prior month in September. The global crypto market cap fell to $1.26 trillion, recording a 24-hour decline of 0.6%. BTC was trading lower by 0.5% at $34,161 while ETH fell by around 1.6% to $1,795. Neo (NEO) was the top gainer over the prior 24 hours, while Bitcoin SV (BSV) was the biggest loser.

Portfolio Pulse from Lisa Levin

October 27, 2023 | 1:33 pm

AMZN

The article discusses the use of FHA loans as a means to enter real estate investing with as little as $5,000. FHA loans are government-backed mortgages that assist people in less than ideal financial situations to buy a home. The article provides examples of individuals who have successfully used FHA loans to start their real estate careers, including Ludomir Wanot, who left a six-figure position at Amazon.com Inc (NASDAQ:AMZN) to pursue real estate full-time.

Portfolio Pulse from Adam Eckert

October 27, 2023 | 1:18 pm

CLSK

CleanSpark Inc. (NASDAQ:CLSK) has announced that it has surpassed a total hashrate of 10 exahashes per second (EH/s), a milestone few publicly traded bitcoin mining companies have achieved. The company's efficiency gains are driven by software optimizations and fleet improvements. CleanSpark recently purchased 4.4 EH/s of Antminer S21 bitcoin mining machines, expected to be delivered in early 2024, which will increase the company's total hashrate to over 20 EH/s.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 1:04 pm

BTCUSD

Grayscale Investments, the world's largest crypto asset manager, is planning to launch 40 more digital asset-backed ETFs. The firm's global head of ETFs, Dave LaValle, stated that the firm is focused on providing optionality, access, transparency, and fairness for all levels of retail and institutional investors. Grayscale has also filed a Registration Statement with the SEC for three other funds: Grayscale Ethereum Futures ETF, Grayscale Global Bitcoin Composite ETF, and Grayscale Privacy ETF.

Portfolio Pulse from Justin Roberti

October 27, 2023 | 1:04 pm