Streetbeat News

Assets

ABC

AmerisourceBergen (NYSE:ABC) has outperformed the market over the past 10 years, producing an average annual return of 12.75%. If an investor had bought $1000 of ABC stock 10 years ago, it would be worth $3,322.60 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:00 pm

AMZN

Jen Gressett, after moving into a tiny home, has changed her purchasing habits, buying less unnecessary items from Amazon.com Inc (NASDAQ:AMZN). This shift in mindset has saved her money and helped her feel more gratitude, taking better care of her things. She now appreciates the meaningful things in life more, and cares less about material things.

Portfolio Pulse from Adam Eckert

July 11, 2023 | 1:57 pm

SPY

An Amtrak train with approximately 230 passengers derailed at Union Station. Initial reports indicate no major injuries. The impact on Amtrak's operations and potential financial implications are yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:52 pm

BTCUSD

ETHUSD

WBTCUSD

XECUSD

Bitcoin (BTC) and Ethereum (ETH) traded higher, with BTC above the $30,400 level and ETH above the $1,800 mark. Wrapped Bitcoin (WBTC) was the top gainer over the prior 24 hours, while eCash (XEC) was the biggest loser. The global crypto market cap rose to $1.18 trillion, recording a 24-hour gain of 0.9%. Other notable gainers include Solana (SOL), Compound (COMP), Polygon (MATIC), and Mina (MINA). Losers include Nexo (NEXO), Monero (XMR), Toncoin (TON), and Algorand (ALGO).

Portfolio Pulse from Lisa Levin

July 11, 2023 | 1:36 pm

WAVE

Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its Jaffa Port Wave Energy Station, marking the official completion of the project.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:32 pm

WYY

WidePoint Corporation, a leading provider of Trusted Mobility Management (TM2) Solutions, has been awarded $46 million in IT and security contracts during Q2 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:05 pm

SPY

The USA Redbook Year-over-Year (YoY) has reported a decrease of 0.4%, compared to the previous 0.7%.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 12:56 pm

MBIO

RWAY

Runway Growth Finance Corp. (RWAY) has provided an operational and portfolio update for Q2 2023. The company completed a $20 million investment in Elevate Services, Inc., a global alternative legal services provider. It also funded four new investments in existing portfolio companies, including CloudPay, Inc., EBR Systems, Inc., Epic IO Technologies, Inc., and Kin Insurance. Runway Growth experienced four prepayments totaling $88.7 million and scheduled principal amortization of $2.8 million. The company's portfolio included 33 debt investments to 31 portfolio companies and 58 equity investments in 43 portfolio companies.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 12:53 pm

PDSB

PDS Biotechnology Corporation (NASDAQ:PDSB) has strengthened its intellectual property portfolio with a new patent allowed in Canada for the combination of Versamune and PDS0301. The patent provides broad protection for treatments utilizing Versamune-based therapies, including PDS0101, in combination with PDS0301 as a potential treatment for cancer. This expands PDS Biotech's market coverage and adds to its worldwide patent portfolio. The company's proprietary combination of Versamune-based PDS0101 and PDS0301 with an immune checkpoint inhibitor resulted in 21 months median overall survival in advanced HPV-positive cancer patients who had failed all prior treatments.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 12:33 pm

CPNBF

KKR

KKR & Co Inc is reportedly considering selling its 70% stake in NVC Lighting's China business. The deal could potentially bring in around $1 billion in proceeds. The sale could be announced later this year. Last week, KKR disclosed a deal to acquire a majority stake in PangeaCo and the existing fiber optic networks of Telefonica del Peru SAA and Entel Perú.

Portfolio Pulse from Lekha Gupta

July 11, 2023 | 12:25 pm