Streetbeat News

Assets

MATX

Matson has started construction on the first of three LNG-powered Aloha Class containerships, part of a $1 billion investment in its long-term decarbonization strategy.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 6:16 pm

ARM

ARM Holdings has seen unusual options activity with a bearish stance from major investors. 45% of trades were bearish, with significant put and call volumes. The stock is currently down 2% at $142.67, and the next earnings report is in 46 days.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 6:15 pm

VVPR

VivoPower International PLC has successfully closed its F-1 offering, raising $4 million from institutional investors. The funds will be used to reduce debt and fund inventory, supporting a transition to a capital-light business model.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:58 pm

UAVS

AgEagle Aerial Systems Inc. (NYSE:UAVS) announced a public offering of 26.9 million units at $0.24 per unit, expected to raise $6.5 million. Each unit includes one share or a pre-funded warrant, and Series A and B warrants. The offering aims to support the company's financial needs.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:44 pm

IBIT

IVV

QQQ

SPY

VGT

VOO

VTI

The U.S. ETF market has surpassed $10 trillion in assets, driven by $691 billion in inflows in 2024. Vanguard S&P 500 ETF (VOO) and Vanguard Information Tech ETF (VGT) led inflows, while SPDR S&P 500 (SPY) saw outflows. iShares Core S&P 500 ETF (IVV) and Vanguard Total Stock Market Index Fund ETF (VTI) also performed well. Invesco QQQ Trust (QQQ) and iShares Bitcoin Trust (IBIT) attracted significant interest.

Portfolio Pulse from Surbhi Jain

September 30, 2024 | 5:37 pm

CNP

CenterPoint Energy is enhancing its Greater Houston Resiliency Initiative by refiling a long-term plan with the PUCT by January 2025, proposing a $5 billion investment from 2026-2028 to strengthen the electric grid against extreme weather and other risks.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:28 pm

BKD

DHC

Diversified Healthcare Trust (NASDAQ:DHC) shares rose after announcing the sale of 18 senior living communities to Brookdale Senior Living Inc. (NYSE:BKD) for $135 million. The sale aims to optimize DHC's portfolio and reduce its debt.

Portfolio Pulse from Dylan Berman

September 30, 2024 | 4:10 pm

PR

Permian Resources Inc. (NYSE:PR) has a current share price of $13.59, with a P/E ratio of 10.16, lower than the industry average of 17.46. This could indicate undervaluation or weak growth prospects. Investors should consider multiple metrics for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 4:00 pm

HLN

PFE

Pfizer plans to sell approximately 540 million ordinary shares in Haleon Plc, as reported by Reuters citing a bookrunner.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:58 pm

TSM

The article provides a comprehensive comparison of Taiwan Semiconductor (TSMC) with its industry competitors, highlighting TSMC's strong market position, financial metrics, and growth prospects. TSMC shows potential undervaluation with a low P/E and P/B ratio, high profitability, and robust revenue growth, despite a high P/S ratio.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 3:00 pm