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MIGI

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) reported a 27% month-on-month increase in self-mining Bitcoin production to 88 BTC in August 2023. The company also saw an 8% increase in self-miners to approximately 15,600. Monthly revenue for August was approximately $3.88M, with self-mining monthly revenue increasing 18% to $2.44M. The company's two sites in Pennsylvania have a total power capacity of approximately 109 MW, with capacity for nearly 32,500 miners.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 12:39 pm

GCT

GigaCloud Technology Inc (NASDAQ:GCT) has announced the expansion of its global footprint with three new warehouse leases in the US and Germany. The warehouses, which will commence operations in October 2023, will increase the company's total warehousing space by 20.7% in the US and 47.8% in Germany. This expansion is driven by the growth of GigaCloud's B2B marketplace.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 12:27 pm

EWW

UNG

USO

A U.S. judge in Louisiana has granted a preliminary injunction and ordered an oil and gas lease sale in the Gulf of Mexico by September 30, according to a court document cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 12:18 pm

PXS

Pyxis Tankers has agreed to sell its 2015 built 50,295 dwt. product tanker, Pyxis Epsilon, for a sale price of $40.75M.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:51 am

WFC

Wells Fargo has announced that Thomas R. Nides will join the company in October as Vice Chairman. This could potentially bring new strategic directions to the company.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:31 am

BP

SHEL

BP P.L.C. (NYSE:BP) and Shell PLC (NYSE:SHEL) have received licenses for exploration in three deepwater blocks from the government of Trinidad and Tobago. The decision follows complex negotiations and is aimed at boosting the country's hydrocarbon development. The blocks are located in deep water and require different and novel considerations due to the nature of the expected exploration and possible future production. The contract comes almost nine months after Trinidad's government refused bids initially submitted by the consortium for failing to meet minimum thresholds.

Portfolio Pulse from Nabaparna Bhattacharya

September 22, 2023 | 11:17 am

TSLA

Tesla Inc. is planning to expand its operations in India, focusing on enhancing the country's battery storage infrastructure. The company is in advanced talks to establish an EV factory in India and plans to introduce its Powerwall technology, a system designed to store power from solar panels or the grid. However, Tesla's pursuit of incentives for a battery storage factory has been met with hesitation from Indian officials. Despite this, the government is considering creating a business model that may extend subsidies to consumers of such products.

Portfolio Pulse from Shomik Sen Bhattacharjee

September 22, 2023 | 10:27 am

GLD

SPY

UUP

US stock markets ended lower on Thursday, Sept. 21, with the Dow Jones, S&P 500, and Nasdaq Composite falling by 1.08%, 1.64%, and 1.82% respectively. US jobless claims dropped to 201,000, and the Q2 current account deficit narrowed to $212.1 billion. Asian markets were mixed, with Japan's Nikkei 225 falling, while Australia's S&P/ASX 200, China's Shanghai Composite, and Hong Kong's Hang Seng Stock Index rose. European markets were down, and commodities were trading higher. US futures were up, and the U.S. Dollar Index rose by 0.27%.

Portfolio Pulse from Akanksha Bakshi

September 22, 2023 | 10:20 am

BONEUSD

SHIBUSD

Shiba Inu's 'dummy token' Calcium (CAL) experienced a 330% surge in value within 11 hours of its launch, with trading volumes crossing $4M. CAL was introduced as part of a strategic plan by the Shiba Inu developers to relinquish ownership of the Bone (BONE) token contract. More than 50% of CAL’s supply was swiftly acquired by a bot shortly after its launch.

Portfolio Pulse from Mehab Qureshi

September 22, 2023 | 9:51 am

FXI

China's central bank has released a list of systemically important banks, with the aim of promoting their stable operation and healthy development. The bank is urging these institutions to strengthen their capabilities to overcome risks and absorb losses.

Portfolio Pulse from Charles Gross

September 22, 2023 | 9:06 am