Streetbeat News

Assets

BCHUSD

Bitcoin Cash (CRYPTO: BCH) has seen a 4.72% drop in price over the past 24 hours, falling to $245.28. This is in contrast to its positive trend over the past week, where it has gained 8.0%. The trading volume of Bitcoin Cash has increased by 34.0% over the past week, and the circulating supply has increased by 0.38%, bringing it to 19.54 million, which is 93.06% of its max supply of 21.00 million. The current market cap ranking for BCH is #18 at $4.79 billion.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 3:00 pm

BTCUSD

DOGEUSD

Dogecoin (CRYPTO: DOGE) is experiencing a rally, driven by broader optimism in the crypto market and a recent surge in Bitcoin (CRYPTO: BTC) prices. Major financial firms, including Blackrock and JPMorgan, have amended ETF applications in anticipation of a potential spot Bitcoin ETF. Dogecoin's price has increased by over 23% in the last week and nearly 8% in the last 24 hours. The coin remains popular among retail traders and is trending on Stocktwits.

Portfolio Pulse from Adam Eckert

October 26, 2023 | 2:57 pm

BTCUSD

ETHUSD

SPY

SEC Chair Gensler has announced that there are 8-10 filings in front of the commission regarding possible exchange traded products for Bitcoin. This could potentially lead to the introduction of Bitcoin ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:36 pm

UNG

The build of natural gas storage was reported at 74B, lower than the estimated 80B and the prior 97B. This indicates a lower supply than expected, which could potentially impact the price of natural gas and related assets.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:31 pm

SLB

Unusual options activity has been observed for Schlumberger Limited (NYSE:SLB), with a bearish stance taken by a large investor. The overall sentiment among big-money traders is split between 38% bullish and 61% bearish. Whales have been targeting a price range from $50.0 to $70.0 for SLB over the last 3 months. The price of SLB is currently down -0.46% at $56.36. Several financial institutions have maintained their positive ratings on SLB, with price targets ranging from $68 to $81.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 1:46 pm

BTCUSD

ETHUSD

GALAUSD

SOLUSD

Ethereum (ETH) traded above the key $1,800 mark, while Bitcoin (BTC) traded slightly lower but above the $34,000 level. Gala (GALA) was the top gainer over the prior 24 hours, while Solana (SOL) was the biggest loser. The U.S. economy grew an annualized 4.9% in Q3, higher than market expectations of 4.3%. The global crypto market cap rose to $1.27 trillion, recording a 24-hour gain of 0.6%.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 1:34 pm

HON

Honeywell has reported signs of relief in supply chains for semiconductors and logistics, according to a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:22 pm

EDRY

EuroDry Ltd. (NASDAQ:EDRY) has formed a joint venture with investors represented by NRP Project Finance AS for the ownership of two Ultramax vessels. NRP Investors will acquire a 39% stake in each vessel. EuroDry has also taken delivery of one of the vessels, M/V Christos K, and arranged a sustainability-linked loan of $11 million with Eurobank S.A. to partly finance the acquisition.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:17 pm

AMZN

AVGO

MSFT

PLTR

SHOP

Financial advisor Suze Orman recommends buying growth stocks over bonds for long-term wealth building. Despite the current selling pressure on stocks due to rising rates, Orman sees opportunities to buy. Her portfolio includes Amazon, Microsoft, Broadcom, Shopify, and Palantir. She continues to buy these stocks on signs of weakness, believing in their long-term potential.

Portfolio Pulse from Adam Eckert

October 26, 2023 | 1:00 pm

SPY

US retail inventories excluding autos increased by 0.3% in September.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:32 pm