Streetbeat News

Assets

BABA

A large investor has taken a bullish stance on Alibaba Group Holding (NYSE:BABA), with Benzinga's options scanner spotting 10 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $80 to $105 for Alibaba over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 2:05 pm

AMZN

APO

DB

GS

HSBC

LCID

PFE

The Federal Reserve is set to release stress test results for 23 banks, with expectations of sufficient capital levels. Deutsche Bank faces challenges with clients' missing Russian shares. Amazon plans to invest $26 billion in India by 2030. Lucid Group partners with Aston Martin for EV technology. Virgin Galactic announces its first commercial spaceflight crew. Pfizer discontinues one weight loss candidate while continuing another. XPeng plans to unveil its G6 Ultra Smart Coupe SUV. HSBC will exit Canary Wharf and set up a new HQ. Goldman Sachs begins laying off managing directors. Apollo backs Wolfspeed with $2 billion for expansion. JD.com plans to create an autonomous division.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 1:54 pm

AAPL

BTCUSD

GOOGL

TSLA

In the latest edition of Markets With Mando, the author discusses the importance of support levels for S&P futures, Nasdaq, and various stocks including AAPL, TSLA, and GOOGL. The newsletter also covers the performance of Bitcoin and other stocks such as AMD, MARA, PLTR, AI, and NFLX.

Portfolio Pulse from Mando Trading

June 26, 2023 | 1:37 pm

RIOT

Riot Blockchain has purchased 7.6 EH/s of next-generation miners from MicroBT for a total consideration of $162.9 million, expanding its mining capacity.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 1:04 pm

CEG

Constellation Energy Inc.'s (NASDAQ:CEG) shares rose by 17.63% in the past three months. The company has a total debt of $6.63 billion, with a net debt of $6.39 billion after adjusting for $237 million in cash-equivalents. Constellation Energy's debt-ratio is 0.14, indicating a low level of financial leverage.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 1:02 pm

ACER

Acer Therapeutics has received a $1 million capital infusion from its CEO and founder. This investment is expected to provide the company with additional financial resources to support its operations.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 12:31 pm

SDRL

Seadrill Ltd (NYSE:SDRL) is in discussions to divest its Qatar Jack-up fleet, including the West Castor, West Telesto, and West Tucana rigs, as well as its 50% stake in Gulfdrill, a joint venture with Gulf Drilling International. No deal has been reached, and financial terms have not been disclosed.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 12:11 pm

BX

PLD

Prologis (NYSE:PLD) will acquire a 14 million square feet industrial portfolio from Blackstone (NYSE:BX) for $3.1 billion in cash. The deal expands Prologis' presence in key markets and adds 77 new customers.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 12:09 pm

ARHH

Assure Holdings has signed a letter of intent to acquire certain assets of Innovation Neuromonitoring for approximately $1.2 million.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:09 pm

ADMP

Adamis Pharmaceuticals has received an undisclosed amount of grant funding from the National Institutes of Health (NIH) for the development of a treatment for alcohol use disorder.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 11:37 am