Streetbeat News

Assets

SMR

NuScale Power Corporation (NYSE:SMR) has appointed Carl Fisher as the Chief Operating Officer (COO) effective from July 24, 2023. Fisher will lead several functions including operations, engineering, project management, quality assurance, information technology, and regulatory affairs. He will report to John Hopkins, NuScale's President and CEO. Prior to this, Fisher was involved in nuclear reactor operations and managing instrumentation and control startup, operations, maintenance, and commissioning activities.

Portfolio Pulse from Shivani Kumaresan

July 06, 2023 | 11:51 am

DOGEUSD

SHIBUSD

Shiba Inu token (SHIB) has seen a surge in network growth despite repressed prices, according to on-chain analytics platform Santiment. The analysis highlights increased investor engagement, potential for future gains due to unrealized losses, and a decrease in SHIB supply on exchanges. Despite a surge in trading volume on June 30, both Shiba Inu and Dogecoin (DOGE) have experienced a decline in volume. SHIB was trading at $0.000007519, down 2.75% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

July 06, 2023 | 11:48 am

DFLI

NXU

SOS

UAVS

The article lists the top 5 oversold stocks in the industrials sector, which could present an opportunity for investors. The companies mentioned are Dragonfly Energy Holdings Corp. (DFLI), AgEagle Aerial Systems, Inc. (UAVS), SOS Limited (SOS), Nxu, Inc. (NXU), and Wheels Up Experience Inc. (UP). All these stocks have an RSI value below 30, indicating they are oversold and could potentially rebound.

Portfolio Pulse from Lisa Levin

July 06, 2023 | 11:45 am

FXI

SPY

A senior U.S. official has stated that discussions are expected regarding China's move to require licenses for the export of gallium and germanium. This could potentially impact trade relations and the supply chain of these elements.

Portfolio Pulse from Charles Gross

July 06, 2023 | 10:34 am

OPAD

Offerpad Solutions has announced that Jawad Ahsan will take over as Chief Financial Officer from Michael Burnett, effective July 10. Burnett will remain with the company in an advisory capacity until August 1.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:33 am

HUT

Hut 8 Mining reported that it mined 120 Bitcoin in June 2023, with an average production rate of approximately 4.0 Bitcoin per day.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:32 am

BANC

Banc of California has announced the appointment of Joseph Kauder as Executive Vice President and Chief Financial Officer, effective from July 10.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:11 am

LODE

Comstock Inc. (NYSE:LODE) announced that its subsidiary, Comstock Northern Exploration, has entered into a Mineral Exploration and Mining Lease Agreement with Mackay Precious Metals Inc. The agreement involves leasing the northernmost patented mining claims, mineral exploration rights, and town lots controlled by Comstock in the Comstock Mining District located in Storey County, Nevada.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:04 am

COIN

ETHUSD

Conor Grogan, the Head of Product at Coinbase Inc, has tracked down and reclaimed $322K worth of dormant cryptocurrencies in an Ethereum Classic wallet. Grogan identified approximately 20 addresses holding more than $250,000 worth of Ethereum Classic and managed to contact the owner of one of them. The owner had their life savings stolen by a hacker in 2019 and was in a legal battle with their cybersecurity provider and Bitfinex.

Portfolio Pulse from Mehab Qureshi

July 06, 2023 | 7:01 am

DOGEUSD

PEPEUSD

SHIBUSD

Pepe 2.0, a new meme coin, has seen a 2338% increase in value in the last 10 days, outperforming other meme coins like Dogecoin, Shiba Inu, and Pepe Coin. The coin has seen a trading volume of nearly $36 million in a single day. However, the article warns of the inherent risks of these microcap investments due to their new and volatile nature.

Portfolio Pulse from Mehab Qureshi

July 06, 2023 | 6:22 am