Streetbeat News

Assets

SEED

Origin Agritech Ltd. (NASDAQ:SEED) has been awarded a grant of approximately $280,000 from the Xinjiang government. The grant will support Origin's efforts to build a local Germplasm Bank in Xinjiang and the Company's contract growing of Nutritionally Enhanced Corn (NEC) in the region. The company sees this as a validation of their efforts to modernize agriculture in China and contribute to regional food security.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:56 pm

AEM

Agnico Eagle Mines Inc. (NYSE:AEM) has seen its shares decrease by 4.19% over the past three months. The company's total debt stands at $1.22 billion, with net debt at $682.49 million after adjusting for cash-equivalents. The company's debt-ratio is 0.17, indicating a relatively low level of financial leverage. Debt is an important factor in a company's capital structure and can contribute to its growth, but also carries risks such as the potential for default on loans.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:30 pm

MDB

A significant amount of unusual options activity has been observed for MongoDB (NASDAQ:MDB), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $250.0 to $440.0 for MongoDB over the last 3 months. The price of MDB is currently up 1.27% at $431.44. Several experts have downgraded their ratings on MongoDB, with price targets ranging from $396 to $430.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:16 pm

SPIKE

TJUL

Innovator Capital Management has launched a new 'buffer' ETF, the Innovator Equity Defined Protection ETF (NYSE:TJUL), which offers 100% downside protection by limiting losses. The fund tracks S&P 500 returns over a two-year outcome period with an upside cap of 16.62%. The ETF uses options to mirror the performance of an index, rather than holding tangible stocks or bonds. Additionally, traders can use MIAX’s SPIKES Volatility products, traded on SPIKES Volatility Index (XMIO: SPIKE), to trade the volatility in the stock market.

Portfolio Pulse from Melanie Schaffer

July 19, 2023 | 3:04 pm

XOM

A significant bearish stance has been taken on Exxon Mobil (NYSE:XOM) as indicated by unusual options activity. The activity includes 12 uncommon options trades, with a split sentiment of 41% bullish and 58% bearish. The trades include 5 puts amounting to $210,662 and 7 calls amounting to $276,315. The targeted price range for Exxon Mobil over the last 3 months has been from $92.5 to $105.0.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:03 pm

SNXUSD

Synthetix Network's (CRYPTO: SNX) price has risen 5.86% to $2.76 in the past 24 hours, continuing its positive trend over the past week with a 34.0% gain. The trading volume for the coin has increased 270.0% over the past week, while the overall circulating supply of the coin has decreased 0.35%. The current market cap ranking for SNX is #47 at $883.00 million.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:01 pm

MKRUSD

Cryptocurrency Maker (MKR) has seen a price increase of 6.9% in the past 24 hours, reaching $977.41. This continues its positive trend over the past week, with an 8.0% gain. The coin's trading volume has also climbed 61.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.16%. The current market cap ranking for MKR is #48 at $878.72 million.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:00 pm

XLMUSD

Stellar's (CRYPTO: XLM) price rose 7.81% to $0.14 in the past 24 hours, continuing its positive trend over the past week with a 46.0% gain. The coin's trading volume has climbed 667.0% over the past week and the circulating supply has increased 0.13% to 27.16 billion, which makes up an estimated 54.31% of its max supply of 50.00 billion. The current market cap ranking for XLM is #22 at $3.83 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:00 pm

SRM

SRM Entertainment, Inc (NASDAQ:SRM) is set to start trading on NASDAQ on July 20. The company's IPO shares are expected to be priced between $4.50 and $5.50 per share. An insider lock-up period of 180 days is set to end on January 16, 2024.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:00 pm

SPY

UNG

USA gasoline inventories have seen a draw of 1.066M, compared to the estimated draw of 1.577M and the prior draw of 0.003M.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 2:32 pm