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SPY

VGK

The U.S. government plans to announce a new military aid package for Ukraine worth up to $500 million, including ground vehicles, as soon as Tuesday, according to Reuters citing U.S. officials.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 3:39 pm

SLG

SL Green Realty Corp has sold a 49.9% stake in 245 Park Avenue, New York City, to Mori Trust Co., Ltd. at a $2 billion valuation. This is the largest component of SL Green's financial plan for 2023 and marks Mori Trust's first investment in New York City. SL Green's shares are trading higher by 10.3% to $25.97.

Portfolio Pulse from Nabaparna Bhattacharya

June 26, 2023 | 3:16 pm

OBT

Orange County Bancorp, Inc. (NASDAQ: OBT) has been added to the Russell 2000 Index, reflecting its continued growth and strong performance in the Hudson Valley small business economy. The company reported a 14.4% increase in earnings and a 21.5% growth in its loan portfolio in 2022.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 3:03 pm

AVGO

A whale has taken a bearish stance on Broadcom (NASDAQ:AVGO), with 57% of detected unusual options trades being bearish. Whales have been targeting a price range of $610 to $1280 for Broadcom over the last 3 months. The stock is currently up 1.06% at $830.84.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 3:02 pm

CSIQ

SAN

Canadian Solar's subsidiary Recurrent Energy has secured a €150 million multicurrency facility with Santander Corporate & Investment Banking. The facility will support Recurrent Energy's growth and strategy to retain greater asset ownership in select markets.

Portfolio Pulse from Akanksha Bakshi

June 26, 2023 | 2:58 pm

BTCUSD

ETHUSD

SOLUSD

XRPUSD

Digital asset investment products saw their largest single-week inflows since July 2022, totaling $199 million, with Bitcoin accounting for $188 million of the inflows. This surge is likely due to recent filings for physically backed ETFs with the U.S. SEC. Ethereum, Ripple, and Solana experienced smaller inflows.

Portfolio Pulse from Murtuza Merchant

June 26, 2023 | 2:50 pm

LTHM

A fire broke out at Livent Corporation's (NYSE:LTHM) Bessemer City manufacturing facility in North Carolina, with no injuries reported. The fire was restricted to one building, and no toxic chemicals were burned. The company is still investigating the cause of the fire.

Portfolio Pulse from Nabaparna Bhattacharya

June 26, 2023 | 2:37 pm

LMNR

Limoneira Co (NASDAQ:LMNR) provided a strategic update, including the sale of 4 non-core assets worth $180 million and divestment of unprofitable operations in Cadiz. The company reduced net debt to $31.5 million and terminated its long-term retirement plan for annual savings of $1 million. LMNR expects incremental EBITDA growth of $25 million in the next five years and targets domestic annual lemon volumes of 5.2 million in 2023 and 7.0 million in 2028.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 2:29 pm

SPY

President Biden announced that 35,000 infrastructure projects and billions of dollars in private sector manufacturing investments will be coming to communities across America due to the Investing in America Agenda.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 2:26 pm

ARES

PACW

Ares Management Corp (ARES) has acquired a $3.5 billion high-quality portfolio of asset-backed loans from PacWest Bancorp (PACW). The portfolio includes senior-secured loans backed by assets across various industries and asset classes, such as consumer loans, auto loans, and real estate loans.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 2:25 pm