Streetbeat News

Assets

BTCUSD

ETHUSD

IMXUSD

INJUSD

MKRUSD

Cryptocurrency prices are on the rise with Ethereum (ETH) trading above the $1,600 mark and Bitcoin (BTC) trading above $26,700. The global crypto market cap rose to $1.06 trillion, recording a 24-hour gain of 1.8%. Maker (MKR) and Injective (INJ) were among the top gainers, while Immutable (IMX) was the biggest loser.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 1:34 pm

DSX

Diana Shipping has announced the purchase of two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels for a price of $46M each. The vessels are expected to be delivered in H2 2027 and H1 2028.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:29 pm

KNDI

Kandi America, a subsidiary of Kandi Technologies Group, Inc. (NASDAQ:KNDI), has acquired a new distribution center in suburban Dallas, Texas. The facility, completed in 2023, is part of Kandi's strategy to accommodate its growing all-electric sport vehicle business in the U.S. The company expects the distribution center to be fully operational in the next few months.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:17 pm

MET

MetLife's (NYSE:MET) short percent of float has risen 4.05% since its last report, with 9.67 million shares sold short, which is 1.54% of all regular shares available for trading. It would take traders 2.49 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.61%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 1:15 pm

LGND

Ligand Pharmaceuticals has acquired the assets of Novan, Inc. for $12.2 million. The remaining commercial assets of EPI Health are to be sold to other parties.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:03 pm

MAA

PEAK

RDFN

Z

The article lists four real estate stocks that are considered oversold and may present buying opportunities. These include Healthpeak Properties, Inc. (PEAK), Mid-America Apartment Communities, Inc. (MAA), Redfin Corporation (RDFN), and Zillow Group, Inc. (Z). The stocks are considered oversold based on their Relative Strength Index (RSI) values, which are all below or near 30.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 1:03 pm

FFIE

Faraday Future Intelligent Electric (FFIE) plans to focus on system construction, implementing it in stages based on resource availability and strategic needs. The company aims to build an agile, efficient, self-operating, and self-evolving AI management system, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:55 pm

FFIE

Faraday Future Intelligent Electric (FFIE) is in active discussions with strategic investors to alleviate its funding issues. The company also plans to deliver additional FF 91 2.0 Futurist Alliance vehicles to top-tier users this year, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:54 pm

NNDM

Nano Dimension Ltd. (NNDM) has announced the filing of a patent for a large language model for the analysis of data generated by industrial machines. The technology, developed by DeepCube, Nano's in-house AI group, brings language comprehension functionality to log files and data. The patent is critical for real-time data analysis and scalable deployment across Nano Dimension's systems and industrial solutions provided to customers.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:36 pm

BTC-USD

Bitcoin (CRYPTO: BTC) continues to hold its position as the largest and most liquid digital asset globally. The article recalls the story of a man who paid 10,000 Bitcoins for a pizza delivery in 2010, an amount that today equates to $263 million. If he had held onto the Bitcoins, he could have afforded a $69 million mansion and still have $195 million left. At the time of writing, BTC was trading at $26,227.36, down 0.13% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 12:34 pm