Streetbeat News

Assets

TSM

Recent options trading activity for Taiwan Semiconductor (NYSE:TSM) shows a bearish sentiment among big-money investors, with 46% of trades being bearish. The trading activity suggests a price range of $160 to $190 for TSM over the next three months. The stock is currently trading at $182.22, with a slight increase of 0.14%.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 1:46 pm

ORAN

QTUM

Orange plans to delist its ADRs from the NYSE to reduce financial burdens, while maintaining its U.S. presence and investor communication. The delisting will occur in Q4 2024, with ADRs trading on the OTC market thereafter. Orange remains committed to its U.S. operations and partnerships.

Portfolio Pulse from Lekha Gupta

September 25, 2024 | 1:34 pm

CERO

CERo Therapeutics has secured $1.25 million in financing and is seeking an FDA Type A meeting to address a clinical hold on its CER-1236 product. The company also announced leadership changes, with Chris Ehrlich becoming Chairman and Interim CEO, while Brian Atwood moves to an advisory role.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:18 pm

LMFA

LM Funding America reported a preliminary increase in its Bitcoin holdings for August 2024, rising to 135.7 BTC from 132.5 BTC month-over-month, with a total value of approximately $8.7 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:15 pm

RJF

Raymond James reported a 19% year-over-year and 2% month-over-month increase in client assets under management, reaching $1.54 trillion.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:12 pm

USEG

U.S. Energy Corp. has announced significant corporate updates, including the complete repayment of its debt, the commencement of a development program in Montana, and a share repurchase program. The company has available liquidity of $22 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:11 pm

IVCB

Investcorp Europe Acquisition Corp. I (NASDAQ:IVCB) has terminated its business combination agreement with Zacco Holdings, resulting in a $30 million termination payment. At least $20 million will cover incurred expenses. The company is considering alternative business combinations or dissolution.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:08 pm

MORT

REZ

VNQ

The Federal Reserve's unexpected 50-basis-point rate cut has led to a significant increase in mortgage demand, with refinancing applications soaring by 20%. This has resulted in a revival of the housing market, with expectations of a strong fall and potential rebound next spring. ETFs related to real estate, such as VNQ, REZ, and MORT, showed minimal movement following the news.

Portfolio Pulse from Piero Cingari

September 25, 2024 | 1:00 pm

POST

Post Holdings, Inc. plans a private offering of $500M in senior notes due 2034 to refinance existing debt and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:23 pm

ORCL

Oracle has filed for a four-part notes offering, as per an SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:14 pm