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LANRF

Lancaster Resources Inc (OTC:LANRF) has agreed to acquire 100% of the Trans Taiga Lithium Project in Quebec's James Bay region. The acquisition diversifies Lancaster's exploration projects and expands its focus from lithium brine exploration in New Mexico to hard rock lithium exploration in Quebec. Lancaster plans to identify lithium-rich areas through geophysical programs, detailed geological mapping, and geochemical analysis. The initial payment commitment for the acquisition is $115,000.

Portfolio Pulse from Anusuya Lahiri

August 31, 2023 | 10:45 am

BTCUSD

CNBC's Bob Pisani predicts that the SEC will likely approve all pending Bitcoin ETF applications by this fall. This follows a federal court order directing the SEC to reconsider its rejection of Grayscale Investments' application to transform its GBTC closed-end fund into an ETF. Pisani suggests that the SEC could either appeal the court ruling or approve all nine applications for spot Bitcoin ETFs.

Portfolio Pulse from Mehab Qureshi

August 31, 2023 | 10:32 am

GSAT

Globalstar has entered into Launch Services Agreements with SpaceX for the launch of the first set of satellites it is acquiring. The launch window is set for 2025 and will require Globalstar to make periodic payments totaling $64 million between now and the completion of the launch.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 10:08 am

TW

Tradeweb Markets Inc (NASDAQ:TW) has completed the acquisition of Yieldbroker, a trading platform for Australian and New Zealand government bonds and interest rate derivatives, for A$125 million in an all-cash transaction. This deal expands Tradeweb's presence in the fast-growing markets of Australia and New Zealand, and allows its international client base to access Yieldbroker's bond and derivative marketplaces and pre-trade pricing data. The transaction is expected to enhance the liquidity, transparency, and efficiency of fixed-income markets.

Portfolio Pulse from Lekha Gupta

August 31, 2023 | 9:53 am

BA

Boeing Co (NYSE:BA) temporarily halted its operations in South Carolina due to Hurricane Idalia. The company asked second and third-shift workers not to report to work on Wednesday but stated that operations would resume from 8 a.m. today. The impact of the storm on the company's operations and employees is being assessed.

Portfolio Pulse from Shivani Kumaresan

August 31, 2023 | 9:44 am

VGK

The Eurozone Consumer Price Index (CPI) for August has exceeded estimates, with a year-on-year (YoY) increase of 5.3% against the estimated 5.1%, and a month-on-month (MoM) increase of 0.6% against the estimated decrease of 0.1%. The YoY CPI was the same as the prior month, while the MoM CPI improved from the prior month's decrease of 0.1%.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:03 am

SHIBUSD

Shiba Inu's layer-two protocol, Shibarium, is fully operational again after a glitch during the beta version launch. The number of addresses on Shibarium has increased from 100,000 on August 24 to over 584,969 total transactions. The burn rate for Shiba Inu tokens has surged by over 110% in the past 24 hours, resulting in the permanent removal of 86 million SHIB from circulation. With SHIB currently trading at $0.0000082, $8.15 worth of SHIB can potentially turn an investor into a Shiba Inu millionaire with 1,000,000 SHIB coins.

Portfolio Pulse from Mehab Qureshi

August 31, 2023 | 7:50 am

IVA

Inventiva, a French biopharmaceutical company, has secured €35.7M in financing from both new and existing investors. The funds will be used to advance the company's clinical development programs.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 7:27 am

UBS

UBS Group CEO, Sergio P. Ermotti, announced that the company expects positive net new asset flows in its wealth and asset management franchises, and higher asset valuations. The decision on Credit Suisse (Schweiz) AG follows a thorough evaluation, with full integration deemed the best outcome for UBS, stakeholders, and the Swiss economy. The company will maintain its sponsorship of civic, sporting, and cultural activities in Switzerland until at least the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 7:09 am

EWQ

France's year-on-year Gross Domestic Product (GDP) for Q2 came in at 0.9%, matching estimates and showing an increase from the prior 0.8%. The quarter-on-quarter GDP for Q2 was 0.5%, also in line with estimates, and up from the previous 0.1%.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 6:49 am