Streetbeat News

Assets

UNG

The U.S. natural gas storage increased by 58 billion cubic feet, surpassing the estimated 53 billion and the prior 40 billion. This data could impact energy-related ETFs and stocks.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 2:31 pm

UPST

Investors are taking a bearish stance on Upstart Holdings (NASDAQ:UPST) as indicated by recent options trades. Benzinga's options scanner detected 8 significant trades, with 62% being bearish. The price range focus is between $30.0 and $45.0. UPST's stock is currently up 2.1% at $39.11, but RSI indicators suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 2:04 pm

HDRO

HYDR

PLUG

Plug Power Inc. has launched an equipment lease financing platform to raise over $150 million, enhancing its financial flexibility and supporting growth in the green hydrogen sector. The platform involves sale and leaseback deals and aims to improve operational efficiency.

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 2:03 pm

GEVO

Gevo's stock price increased following the announcement of a $20 million sale in investment tax credits from its NW Iowa RNG facility.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:54 pm

BTCUSD

RealVision's chief crypto analyst Jamie Coutts suggests a potential bullish shift in the crypto market, with a key indicator needing to hit 45% for confirmation. Currently, only 11% of assets are above their 200-day moving average. Despite recent declines, the risk/reward ratio is favorable for select assets, and liquidity is turning bullish, potentially pushing Bitcoin higher.

Portfolio Pulse from Khyathi Dalal

September 19, 2024 | 1:02 pm

GEVO

Gevo has sold $20 million in investment tax credits from its Northwest Iowa RNG facility, generating $17 million in net proceeds. This move is aimed at driving further clean energy investments.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:55 pm

SHEL

Shell has announced the early participation results for its exchange offers and increased the maximum amount of old notes accepted to $12 billion. The company has also extended the early participation premium to all holders until October 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:46 pm

CDE

Precious metals stocks are experiencing a rise in share prices as gold and silver prices increase following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:45 pm

UNP

Union Pacific plans to invest approximately $3.5 billion to $3.7 billion annually over the next three years in capital investments.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:36 pm

ETHA

ETHE

GBTC

Bitcoin and Ethereum ETFs experienced over $50 million in net outflows despite the Federal Reserve's 50 basis point rate cut. Grayscale's Bitcoin and Ethereum ETFs saw significant outflows, while BlackRock's Ethereum ETF had a net inflow. The Fed's decision led to increased optimism in the markets, with Bitcoin and Ethereum prices rising.

Portfolio Pulse from Murtuza Merchant

September 19, 2024 | 12:20 pm