Streetbeat News

Assets

VGK

The Eurozone's Gross Domestic Product (GDP) for Q2 has outperformed estimates, with a year-on-year increase of 0.6% compared to the estimated 0.5%, and a quarter-on-quarter increase of 0.3% against the estimated 0.2%. The prior quarter had no growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:01 am

CHNR

China Natural Resources, Inc. (NASDAQ:CHNR) has agreed to sell all outstanding shares of Precise Space-Time Technology Limited to Feishang Group Limited for approximately $13.2 million. The base purchase price is subject to upward post-closing adjustment based on the difference between net assets of PSTT as of June 30, 2023, and the base net assets.

Portfolio Pulse from Charles Gross

July 31, 2023 | 8:58 am

ATHE

Alterity Therapeutics announced that it had a cash balance of A$15.8M as of June 30, 2023.

Portfolio Pulse from Charles Gross

July 31, 2023 | 8:52 am

BBJP

DXJ

EWJ

The Bank of Japan (BoJ) has indicated a broadening of price and wage hikes following a policy tweak. This move is expected to have an impact on Japan-focused ETFs such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 7:32 am

BTCUSD

COIN

ETHUSD

The Securities and Exchange Commission (SEC) reportedly instructed Coinbase (NASDAQ:COIN) to halt trading on all cryptocurrencies except Bitcoin (CRYPTO: BTC). The SEC identified 13 tokens as securities and recommended delisting over 200 tokens offered by the exchange. Coinbase CEO, Brian Armstrong, disagreed with the SEC’s classification and decided to contest the SEC’s demand in court.

Portfolio Pulse from Mehab Qureshi

July 31, 2023 | 6:31 am

COIN

DOGEUSD

ETHUSD

PEPEUSD

SHIBUSD

BALD, a meme coin launched on Coinbase's Base Network, has seen a 30,000% growth in market capitalization within a day of its launch, outperforming Dogecoin and Shiba Inu. The coin, which lacks a website and social media presence, made its debut on Uniswap. The driving factor behind these projects is the narrative and how their tokens can evolve into meme coins, not necessarily their technology or fundamentals.

Portfolio Pulse from Mehab Qureshi

July 31, 2023 | 6:15 am

EWG

VGK

Germany's retail sales for June have decreased by 0.8%, which is lower than the estimated 0.2% and the prior 0.4%. This could potentially impact the performance of ETFs like EWG and VGK that have exposure to the German market.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 6:01 am

BTCUSD

COIN

ETHUSD

The US Securities and Exchange Commission (SEC) asked Coinbase to halt trading in all cryptocurrencies except Bitcoin before suing the exchange for failing to register as a broker. The SEC identified 13 cryptocurrencies on Coinbase's platform as securities. Coinbase CEO Brian Armstrong said that complying with the SEC's request would have meant the end of the crypto industry in the US. The SEC and the Commodity Futures Trading Commission are currently debating whether all or any crypto tokens should fall under their purview.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 5:12 am

BBJP

DXJ

EWJ

Japan's year-on-year retail sales for June matched the estimated 5.9%, showing a slight increase from the prior 5.8%. This data could potentially impact ETFs that track Japanese equities, such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:06 am

BBJP

DXJ

EWJ

Japan's industrial production for June increased by 2%, which is lower than the estimated 2.4% but higher than the previous month's -2.2%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:05 am