Streetbeat News

Assets

ITB

SPY

TAN

Q2 2023's top performing industry ETFs include ITB, SMH, IGV, JETS, and FDN, while the worst performers are TAN, PBW, KRE, XME, and MOO. The best and worst stocks within these ETFs have also been identified.

Portfolio Pulse from Piero Cingari

June 27, 2023 | 1:33 pm

TORO

Toro Corp. (NASDAQ:TORO) has announced the sale of M/T Wonder Musica for $28M, expecting a net gain of $17M, and the completion of sales of M/T Wonder Bellatrix and M/T Wonder Polaris for $37M and $34.5M, respectively.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:09 pm

FFIE

Faraday Future (NASDAQ:FFIE) has secured an additional funding commitment of $90 million, led by ATW Partners funds, with participation from Senyun International. The funding will support the production and delivery of the FF 91 electric vehicle and help the company reach its long-term strategic goals.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:07 pm

CSX

Over the past three months, shares of CSX Inc. (NASDAQ:CSX) increased by 10.59%. The company has a total debt of $17.92 billion, with $17.91 billion in long-term debt and $11 million in current debt. Adjusting for $1.29 billion in cash-equivalents, the net debt is $16.63 billion. CSX has a debt-ratio of 0.43, which varies across different industries.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 1:02 pm

SPY

The House Price Index for April showed a year-over-year increase of 3.1%, in line with the expected 3.1% growth.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 1:01 pm

SPY

The House Price Index for April came in at 401.2, lower than the expected 402.1.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 1:01 pm

LAND

Gladstone Land Corporation (NASDAQ:LAND) has sold an unfarmed parcel in Florida for $9.6 million, providing a 343% return on investment and a capital gain of approximately $6.4 million. The company plans to use the proceeds to acquire additional farms and for general corporate purposes.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:38 pm

MULN

Mullen Automotive (NASDAQ:MULN) announced that its Series D investors exercised their final option for $100 million, bringing the company's cash and cash equivalents to over $235 million. This comes after Mullen spent $253 million on acquisitions, including majority ownership in Bollinger Motors and assets related to Electric Last Mile Solutions (ELMS).

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:16 pm

BLK

Bitcoin reaches $30,000 level, prompting reactivation of two Satoshi-era wallets containing 100 BTC worth over $3 million. This coincides with BlackRock filing for a Bitcoin ETF, which could provide more accessible investment opportunities for institutional and individual investors.

Portfolio Pulse from Mehab Qureshi

June 27, 2023 | 11:59 am

FWBI

First Wave BioPharma has announced the publication of two patent applications for the composition of matter and methods of use claims governing its enhanced enteric microgranule delivery formulation of Adrulipase.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:11 am