Streetbeat News

Assets

FXI

China's year-on-year exports for August fell by 8.8%, which is better than the estimated 9.2% and the previous 14.5%. Similarly, imports decreased by 7.3%, also better than the estimated 9% and the previous 12.4%.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 3:57 am

EWA

Australia's trade balance for July was reported at 8.039B, lower than the estimated 10B and the revised prior figure of 10.268B.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 3:54 am

EWA

Australia's Building Approvals have decreased by 8.1% month-on-month, matching the estimated decrease and showing a slight increase from the prior decrease of 7.9%.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 3:54 am

ARKK

ETHUSD

Ark Invest, in collaboration with 21Shares, has submitted a proposal to the SEC for an Ethereum-based ETF named ARK 21Shares Ethereum ETF. The ETF aims to offer investors direct access to Ethereum and will be listed on the Cboe BZX Exchange. The SEC's approval for this ETF is still pending.

Portfolio Pulse from Murtuza Merchant

September 06, 2023 | 10:25 pm

BTCUSD

ETHUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has unveiled its layer-2 solution, Shibarium, to address scalability concerns of Ethereum (CRYPTO: ETH). The goal is to reach a $1 value, which would require a market cap of $589.59 trillion, a highly improbable feat. SHIB would need to grow by 13.16 million percent to achieve this. Currently, SHIB is trading at $0.000007656, up 1.97% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 10:00 pm

T

AT&T has confirmed that it remains on track with all of its 5G and fiber network expansion commitments.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 9:39 pm

BA

ITA

LMT

NOC

XAR

The U.S. Department of Defense is planning to develop a fleet of autonomous, unmanned vehicles that use artificial intelligence for defense tasks. The project, named 'Replicator', is expected to produce thousands of fully autonomous units within 18 to 24 months. The department aims to speed up the development of AI-powered military instruments to compete with China's fast innovation in the field. The defense sector had a negative day in Wall Street, with shares from Lockheed Martin Corp, Boeing Co, Northrop Grumman Corp, iShares US Aerospace & Defense ETF, and SPDR S&P Aerospace & Defense ETF all dropping.

Portfolio Pulse from Natan Ponieman

September 06, 2023 | 9:35 pm

ADBE

NKE

QQQ

SPY

TSLA

Benzinga's AI portfolio experiment, where ChatGPT was given a hypothetical $10,000 to craft an investment portfolio, is in its 18th week. The portfolio slipped to eighth place after a volatile week. Adobe Inc (ADBE) is the leading stock in the portfolio, up 63%, while Tesla Inc (TSLA) follows with a 48% gain. Nike Inc (NKE) is the biggest laggard, down 14.6%. The portfolio faces a challenging climb to outperform leading funds like Invesco QQQ Trust Series 1 (QQQ) and the SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from AJ Fabino

September 06, 2023 | 9:09 pm

REXR

Rexford Industrial has announced three industrial property investments with an aggregate purchase price of $46.2 million.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 9:04 pm

USO

The American Petroleum Institute (API) reported a weekly crude oil stock draw of 5.521 million barrels, which is significantly higher than the estimated draw of 1.429 million barrels.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:36 pm