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BTCUSD

A study by Lyn Alden and Sam Callahan highlights Bitcoin's role as a global liquidity barometer, showing an 83% correlation with global liquidity over 12-month periods. This positions Bitcoin as a sensitive tool for investors to gauge monetary conditions.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 4:52 pm

VEON

VEON Inc. (NASDAQ:VEON) stock has decreased by 2.16% in the current session but has seen a 54.24% increase over the past year. Its P/E ratio of 6.92 is lower than the industry average of 24.88, suggesting potential undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 4:45 pm

BUD

Anheuser-Busch is investing $16 million in its Los Angeles brewery to enhance capabilities and capacity, contributing to local economic growth. This is part of a broader $2 billion investment in U.S. facilities over the past five years.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 4:06 pm

OCTO

Eightco Holdings shares rose after the company announced the elimination of $5.4 million in convertible notes and an increase in shareholder equity by $23 million. The company also projects $100 million in revenue for 2025.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 4:05 pm

CVX

Chevron is shutting down production at its Gulf of Mexico facilities and evacuating personnel due to unspecified reasons. This operational halt could impact Chevron's short-term production output and financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 3:16 pm

CMCSA

The article provides an industry comparison of Comcast (NASDAQ:CMCSA) against its competitors in the Media industry, focusing on key financial metrics. Comcast shows a premium valuation with high P/E, P/B, and P/S ratios, but also demonstrates strong profitability and financial performance with high ROE, EBITDA, and gross profit. Despite a slight revenue decline, Comcast outperforms the industry average in revenue growth.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:00 pm

BIOA

BioAge Labs, Inc (NASDAQ:BIOA) is set to IPO on September 26, 2023, on the NASDAQ exchange. The company will offer shares priced between $17.00 and $19.00, with an insider lock-up period of 180 days. BioAge Labs focuses on developing therapies for metabolic diseases by targeting human aging.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:00 pm

SPY

UNG

The latest data shows a draw in US gasoline inventories of 1.538 million barrels, contrary to the expected build of 0.200 million barrels and the prior build of 0.069 million barrels. This unexpected draw could impact energy markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:31 pm

USO

The EIA reported a larger-than-expected draw in distillate stocks, with a draw of 2.227 million barrels compared to the estimated draw of 2.200 million barrels. This follows a previous build of 0.125 million barrels.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:30 pm

SPY

USO

The latest report on USA crude oil inventories shows a significant draw of 4.471 million barrels, compared to the expected draw of 1.300 million barrels and the prior draw of 1.630 million barrels. This larger-than-expected draw could impact oil prices and related markets.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:30 pm