Streetbeat News

Assets

SPY

USO

USA crude oil inventories report a draw of 3.831 million barrels, compared to an estimated build of 1.873 million barrels and a prior build of 7.919 million barrels.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 3:02 pm

BLK

DB

CACEIS, a joint asset servicing division of Crédit Agricole and Santander, has been approved by French regulators to offer cryptocurrency custody services. This comes as the European Union prepares to enforce new cryptocurrency licensing regulations, MiCA, in 2024.

Portfolio Pulse from Murtuza Merchant

June 22, 2023 | 2:59 pm

C

F

SCHW

Bitcoin Cash (BCH) is trading lower by 5.21% to $133.01, pulling back after recent strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.

Portfolio Pulse from Henry Khederian

June 22, 2023 | 2:48 pm

UNG

USA Natural Gas Storage reported 95B, higher than the estimated 88B and the previous 84B.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 2:30 pm

SHFS

Safe Harbor Financial (NASDAQ:SHFS) has expanded its lending and deposit relationship with a cannabis multi-state operator by originating an additional first lien-secured loan of approximately $2.9 million on a cultivation facility. This follows the origination of four commercial real estate-backed loans for subsidiaries of a tier-one MSO in May.

Portfolio Pulse from Vuk Zdinjak

June 22, 2023 | 1:19 pm

TMPO

Tempo Automation secured a $7 million convertible promissory note facility, improving its financial position and providing capital for the Optimum acquisition.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:18 pm

BTBT

Bit Digital announces the expansion of its mining capacity in Iceland, aiming to increase its global mining capacity and reduce energy costs.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:05 pm

BA

EADSY

Airbus plans to control the costs of its loss-making A220 jet while supporting its supply chain, amid pricing pressure from suppliers. The company is trying to reduce production costs but faces higher raw materials and labor costs being passed on by suppliers.

Portfolio Pulse from Nabaparna Bhattacharya

June 22, 2023 | 12:31 pm

AGLE

Aeglea BioTherapeutics has announced the acquisition of Spyre Therapeutics and a concurrent oversubscribed $210 million private investment, positioning the company for growth.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 12:20 pm

GD

SPY

VGK

The US has significantly increased production of a crucial artillery shell to help alleviate a global shortage that threatened to impact Ukrainian forces fighting Russia. This move is expected to benefit US defense companies.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 12:09 pm