Streetbeat News

Assets

BNO

U.S. crude oil inventories increased last week due to higher imports, despite a decline in production and lower refinery operations.

Portfolio Pulse from

November 20, 2024 | 4:15 pm

GLD

Investors' interest in gold is increasing as the SPDR Gold Shares ETF (GLD) marks its 20th anniversary.

Portfolio Pulse from

November 20, 2024 | 4:15 pm

ACXP

MSTR

Acurx Pharmaceuticals has decided to invest up to $1 million in Bitcoin as a treasury reserve asset, following a strategy similar to that of MicroStrategy.

Portfolio Pulse from

November 20, 2024 | 4:00 pm

SWK

Stanley Black & Decker (SWK) is benefiting from its cost-reduction program, divestiture of non-core assets, and shareholder-friendly policies. However, there are concerns about the softness in its Tools & Outdoor unit.

Portfolio Pulse from

November 20, 2024 | 4:00 pm

OKE

ONEOK (OKE) is selling its three interstate natural gas pipeline systems for $1.2 billion. This move is aimed at aligning and enhancing its capital allocation priorities within its integrated operating footprint.

Portfolio Pulse from

November 20, 2024 | 3:45 pm

CMCSA

Comcast plans to spin off its NBCUniversal cable TV networks, including MSNBC, CNBC, and E!, due to challenges from cord cutting and streaming.

Portfolio Pulse from

November 20, 2024 | 3:30 pm

DPZ

Warren Buffett's Berkshire Hathaway has added two new stocks to its portfolio. Investors should consider key factors before buying these stocks.

Portfolio Pulse from

November 20, 2024 | 3:30 pm

NSA

National Storage Affiliates (NSA) has outperformed the S&P 500 since March, driven by its unique PRO structure and focus on the Sunbelt market. Despite near-term pressures, NSA's internalization of management and limited new supply in key markets position it for future growth, though its current valuation seems fully priced.

Portfolio Pulse from

November 20, 2024 | 3:15 pm

MSTR

MicroStrategy has increased its convertible-bond offering to $2.6 billion from $1.75 billion, indicating plans to purchase more Bitcoin. This move reinforces its position as the largest corporate holder of the cryptocurrency.

Portfolio Pulse from

November 20, 2024 | 3:15 pm

GOOG

Alphabet Inc.'s Chrome browser could be sold for up to $20 billion if a judge approves a Justice Department proposal, marking a significant regulatory action against the tech giant.

Portfolio Pulse from

November 20, 2024 | 3:00 pm