Streetbeat News

Assets

BCLI

Brainstorm Cell (NASDAQ:BCLI) reported Q2 losses of $(0.13) per share, beating the analyst consensus estimate of $(0.15) by 13.33%. This is a 31.58% increase over losses from the same period last year. Cash, cash equivalents, and short-term bank deposits were approximately $0.75 million as of June 30, 2023, compared to $3.0 million as of December 31, 2022.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 11:06 am

CHK

SBOW

Chesapeake Energy Corporation (CHK) has agreed to sell its remaining Eagle Ford assets to SilverBow Resources (SBOW) for $700 million. This brings the total proceeds from CHK's Eagle Ford exit to over $3.5 billion.

Portfolio Pulse from Charles Gross

August 14, 2023 | 10:24 am

HUT

Hut 8 Mining Corp. (Nasdaq: HUT) reported that it mined 116 Bitcoin in July 2023, sold 100 Bitcoin for $3.9 million, and produced 44.6 BTC/EH. The company's total Bitcoin reserve was 9,152 at the end of July, with 8,305 unencumbered. The installed ASIC hashrate capacity at their Alberta facilities was 2.6 EH/s.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:11 am

OPXS

Optex Systems has secured a $1.4M order for laser protected periscopes from a new domestic customer. These periscopes are critical for protecting armored vehicles used by the U.S. Military. The products will be manufactured at the Optex Division of Optex Systems, Inc. This order increases the current Optex backlog to over $41 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:07 am

DOGEUSD

A Dogecoin artist has shared AI-generated images of Elon Musk and Mark Zuckerberg at the beach, amidst their ongoing rivalry. The images have gained significant attention on X, formerly known as Twitter. This comes as the rivalry between Musk and Zuckerberg intensifies, following Musk's acquisition of Twitter and Meta's introduction of Threads, a potential 'Twitter killer'.

Portfolio Pulse from Ananya Gairola

August 14, 2023 | 8:12 am

SSNLF

The Indian government will provide Samsung Electronics Co. Ltd (NYSE:SSNLF) with a $72.3 million production-linked incentive (PLI), the largest payout under the scheme aimed at boosting domestic manufacturing. Samsung claimed incentives of around $100 million in its first year after generating revenues of approximately $1.8 billion from smartphone sales. The PLI scheme has attracted investments worth ₹6,600 crore, generating a production of ₹3 trillion and creating over 60,000 jobs.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 14, 2023 | 8:11 am

BTCUSD

DOGEUSD

Billy Markus, co-founder of Dogecoin, criticized Bitcoin maximalists for their marketing approach, referring to them as 'insecure losers'. Bitcoin maximalists are individuals who believe in the superiority of Bitcoin over other digital assets and advocate for its exclusive adoption. Dogecoin, created by Markus and Jackson Palmer, was intended to be a more accessible and user-friendly alternative to Bitcoin. At the time of writing, DOGE was trading at $0.074, down 2.24% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 14, 2023 | 4:38 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a downward trend amid lackluster trading activity. Bitcoin has struggled to maintain a steady price above $30,000 in recent months. The global cryptocurrency market capitalization stands at $1.17 trillion, a 0.49% decrease in the last day. Analyst Michael Van De Poppe predicts upward momentum for Bitcoin in the near future, while another analyst suggests that the current phase of low volatility will lead to future expansion.

Portfolio Pulse from Mehab Qureshi

August 14, 2023 | 2:54 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

The article discusses the potential for investors to become millionaires if the cryptocurrency Shiba Inu (CRYPTO: SHIB) returns to its all-time high. It also mentions that Shiba Inu has been added to platforms like Coinbase, Kraken, and Robinhood, which has increased its profile and valuation. However, the bankruptcies of several cryptocurrency-related companies and pressure from the SEC have negatively impacted Shiba Inu's price and valuation. The article also compares Shiba Inu's performance to that of Dogecoin (CRYPTO: DOGE), Bitcoin (CRYPTO: BTC), and Ethereum (CRYPTO: ETH).

Portfolio Pulse from Chris Katje

August 13, 2023 | 8:12 pm

BTCUSD

GLD

Robert Kiyosaki, author of 'Rich Dad, Poor Dad', has reiterated his support for gold, silver, and Bitcoin, and predicted the demise of the dollar. He referred to gold as 'God's Dollar' and 'stored financial energy'. Kiyosaki has previously warned that the dollar could lose favor due to the proposed launch of a common currency by the BRICS nations, tied to gold. However, a South African official clarified that a common BRICS currency would not be discussed at the upcoming meeting. Kiyosaki also warned of a potential crash following Fitch's downgrade of the U.S. sovereign rating. The SPDR Gold Shares (NYSE:GLD), an ETF providing access to the gold bullion market, ended Friday’s session at $177.60, up 4.7% this year.

Portfolio Pulse from Shanthi Rexaline

August 13, 2023 | 3:08 pm