Streetbeat News

Assets

HOOD

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing declines amid Middle East tensions. Despite this, traders see potential for a bullish trend, with increased large transactions and active addresses. Notable developments include Ripple's Dubai approval and Robinhood's crypto transfers in Europe.

Portfolio Pulse from Khyathi Dalal

October 01, 2024 | 7:23 pm

NFE

New Fortress Energy (NFE) shares are rising after announcing a $400 million stock offering, with CEO Wesley Edens purchasing a significant portion. The offering is expected to close on Oct. 2, with proceeds for general corporate purposes. The stock also benefits from energy sector gains amid Middle East tensions.

Portfolio Pulse from Adam Eckert

October 01, 2024 | 6:57 pm

DOGEUSD

Dogecoin experienced a 7% drop, but traders remain optimistic due to a spike in new addresses and technical indicators suggesting a potential bull run. The meme coin's network growth and increased transaction volume are seen as positive signs, though caution is advised if key support levels are lost.

Portfolio Pulse from Khyathi Dalal

October 01, 2024 | 6:29 pm

AIG

ALL

DUK

NXRT

PEB

SUI

Hurricane Helene caused significant devastation in the southeastern US, affecting power and insurance sectors. Duke Energy faced major outages, while insurers like AIG and Allstate are assessing potential losses. REITs reported minimal damage.

Portfolio Pulse from Hayden Buckfire

October 01, 2024 | 6:21 pm

JNJ

Johnson & Johnson plans to invest over $2 billion in a new advanced technology manufacturing facility in North Carolina. This investment aims to support the company's portfolio growth.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 5:54 pm

DELL

Dell Technologies shares declined following the announcement of a two-part senior notes offering.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:10 pm

UNIUSD

Uniswap's (UNI) price dropped 5.87% in the last 24 hours to $7.24, despite an 8% increase over the past week. Trading volume rose 32% while circulating supply slightly decreased. Uniswap's market cap is $5.45 billion, ranking #24.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:03 pm

LNG

The article provides a comprehensive analysis of Cheniere Energy (NYSE:LNG) compared to its peers in the Oil, Gas & Consumable Fuels industry. It highlights Cheniere's financial metrics, market position, and growth prospects, indicating potential undervaluation based on its low PE ratio, but also notes challenges such as low revenue growth and profitability.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:00 pm

PLTR

The article provides a comparative analysis of Palantir Technologies (NYSE:PLTR) against its competitors in the software industry. It highlights Palantir's high valuation ratios (P/E, P/B, P/S) compared to industry averages, indicating potential overvaluation. Despite lower ROE, EBITDA, and gross profit, Palantir shows strong revenue growth and a favorable debt-to-equity ratio, suggesting robust sales expansion and a strong financial position.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:00 pm