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BTCUSD

The SEC has reportedly approved the iShares Bitcoin spot ETF, leading to a rise in Bitcoin trading.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:35 pm

BTCUSD

The Securities and Exchange Commission (SEC) has approved the iShares Bitcoin Spot ETF, according to Reuters. This marks a significant step in the integration of cryptocurrencies into mainstream financial systems.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:33 pm

VSTO

Vista Outdoor has lowered its FY24 guidance and announced a definitive agreement to sell its sporting products business. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:27 pm

WISA

WiSA Technologies is exploring strategic alternatives, which may include acquiring or selling assets, merging with another company, forming partnerships, or repurchasing stock purchase warrants using funds from its next financing round, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:21 pm

CME

CME Group's (NYSE:CME) short percent of float has decreased by 6.6% since its last report, with 3.54 million shares sold short, representing 0.99% of all regular shares available for trading. It would take traders approximately 2.96 days to cover their short positions based on current trading volume. The company's short interest is lower than the average of its peer group, which stands at 3.64%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 1:15 pm

BIOC

Biocept's President and CEO, Antonino Morales, has tendered his resignation effective October 13, 2023, according to an SEC filing. The company's assets will be liquidated and any claims paid in accordance with the code.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:00 pm

ALLO

Allogene Therapeutics, Inc. (NASDAQ:ALLO) has appointed Geoffrey Parker as its new Executive Vice President, Chief Financial Officer. Parker, who has nearly 40 years of leadership experience in biotech and banking, will oversee the company's financial operations and business strategy. Prior to joining Allogene, Parker served as CFO of Tricida, Inc. and Anacor Pharmaceuticals, and as a Managing Director at Goldman Sachs.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:46 pm

ETWO

Elliott Investment Management L.P. has reported a 9% stake in E2open Parent Holdings, as of October 13. Elliott believes that E2open's securities are undervalued and represent an attractive investment opportunity, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:41 pm

BEN

Venerable Holdings has announced that its new subsidiary, Venerable Investment Advisers, plans to engage investment advisory subsidiaries of Russell Investments and Franklin Resources (Franklin Templeton) to provide sub-advisory services for Venerable Variable Insurance Trust (VVIT). The mutual funds will serve as investment options for insurance company separate accounts and will bring the management of the mutual funds underlying Venerable Insurance and Annuity Company's variable annuity business in-house.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:36 pm

SPY

VGK

US Treasury Secretary Janet Yellen has expressed support for using the proceeds from Russian sovereign assets to aid Ukraine. The G7 is currently exploring options for this. The US is also focusing on cracking down on evasion of sanctions against Russia, with the EU being seen as a key partner.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:23 pm