Streetbeat News

Assets

ICE

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years, producing an average annual return of 11.48%. An investment of $1000 in ICE 15 years ago would be worth $4,786.55 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:30 pm

HUM

Humana (NYSE:HUM) has outperformed the market over the past 20 years, producing an average annual return of 18.2%. If an investor had bought $100 of HUM stock 20 years ago, it would be worth $2,870.66 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:30 pm

COIN

An option alert has been issued for Coinbase Global (COIN) for Friday $75 calls sweep. The alert indicates 877 contracts traded near the ask price of $0.336, compared to an open interest of 2872 contracts.

Portfolio Pulse from Charles Gross

June 27, 2023 | 4:15 pm

FUNFF

Sports betting company Betr has raised $35 million in a new funding round, bringing its pre-money valuation to $300 million. The round was led by Roger Ehrenberg via IA Sports Ventures and Eberg Capital and Fuel Venture Capital, which increased its investment in the company to $20 million. Betr co-founders Joey Levy and Jake Paul also invested in the round. The funds will be used to continue the growth of Betr Gaming and Betr Media divisions.

Portfolio Pulse from Chris Katje

June 27, 2023 | 4:15 pm

TORO

Toro Corp. (NASDAQ:TORO) has agreed to sell the M/T Wonder Musica crude oil tanker for $28 million, expecting a net gain of approximately $17 million. The company also completed the sales of M/T Wonder Bellatrix and M/T Wonder Polaris, expecting net gains of $20.5 million and $22.4 million, respectively.

Portfolio Pulse from Nabaparna Bhattacharya

June 27, 2023 | 4:11 pm

AAPL

AMZN

AVGO

COST

GOOG

META

MSFT

NVDA

PEP

QQQ

TSLA

Invesco QQQ Trust Series 1 (NASDAQ:QQQ) is an ETF that tracks the Nasdaq-100 Index, offering investors exposure to tech giants like Microsoft, Apple, Alphabet, and Amazon. QQQ is the fifth most popular ETF globally, with over $160 billion in assets under management. It offers a dividend yield of 0.59%.

Portfolio Pulse from AJ Fabino

June 27, 2023 | 3:17 pm

BX

Blackstone is considering offers for half of its stake in the Bellagio hotel in Las Vegas, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 3:10 pm

BLK

Fidelity is reportedly preparing to submit a filing for a spot bitcoin ETF, following the lead of BlackRock, Invesco, WisdomTree, and Bitwise. This would be Fidelity's second attempt after its Wise Origin Bitcoin Trust was denied by the SEC in early 2022.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:54 pm

E

Eni has sold its oil assets in Congo to Perenco, an independent Anglo-French oil and gas company.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:43 pm

IYE

OIH

VDE

XLE

XOP

Energy sector ETFs, including XLE, OIH, VDE, XOP, and IYE, have experienced over $2.25 billion in outflows recently, with negative flows for most of 2023. However, past instances of outflows exceeding $2.25 billion have generally led to short-term positive responses in XLE.

Portfolio Pulse from Thrasher Analytics

June 27, 2023 | 2:20 pm