Streetbeat News

Assets

COIN

Coinbase shares are trading higher as Bitcoin's price increases following BlackRock's application for a Bitcoin ETF.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 11:35 am

INTC

Intel has agreed to sell a 20% stake in its IMS Nanofabrication business to Bain Capital, valuing IMS at approximately $4.3 billion.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 11:31 am

BOTZ

ROBO

Global Predictions has launched PortfolioPilot AI Assistant, a user-friendly platform providing personalized investment guidance. The tool aims to replace traditional financial advisors and democratize access to professional insights and tools. The company has over 11,000 active users with $5.8 billion of assets on the platform.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 11:03 am

CBRE

CBRE Group has priced a $1 billion senior notes offering due in 2034 at 98.174% of face value with a 5.950% interest rate. The company expects to settle the note on June 23, 2023, and plans to use the proceeds for debt repayments and other corporate purposes.

Portfolio Pulse from Lekha Gupta

June 21, 2023 | 9:45 am

SDRL

Seadrill Limited (NYSE:SDRL) has entered into definitive sale and purchase agreements to sell its tender-assist units West Vencedor, T-15, and T-16 to affiliates of Energy Drilling Pte. Ltd. for $85 million. The transaction is expected to close in early Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:37 am

ESLT

Elbit Systems has received a $180 million purchase order to supply the first three Watchkeeper X tactical Unmanned Aerial Systems (UAS) to the Romanian Ministry of National Defense, as part of a framework contract worth up to $410 million.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:27 am

BTCUSD

ETHUSD

Over $127.98 million in shorts were liquidated in the cryptocurrency market after Bitcoin (BTC) breached the $28,000 mark. Of the total liquidation, approximately $77 million were associated with BTC, $25 million with Ethereum (ETH), and the rest with other altcoins.

Portfolio Pulse from Mehab Qureshi

June 21, 2023 | 7:19 am

BTCUSD

Romanian prosecutors are seeking to seize 21 Bitcoins worth around $560,000 from social media influencer Andrew Tate, who is facing rape and human trafficking charges. The assets listed for seizures include 15 properties, 15 luxury vehicles, 14 watches, and Bitcoin worth $560,000.

Portfolio Pulse from Mehab Qureshi

June 21, 2023 | 4:11 am

BLK

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies surged after the announcement of crypto initiatives by financial institutions, including Deutsche Bank's application for a digital asset custody license and EDX Markets' launch of BTC and ETH trading. BlackRock also filed for a spot BTC ETF last week.

Portfolio Pulse from Mehab Qureshi

June 21, 2023 | 2:45 am

ARKK

ARKQ

ARKW

TSLA

TWLO

ZM

ARK Investment Management, led by Cathie Wood, continued to book profits in Tesla shares this week, selling over 31,500 shares valued at over $8.6 million. The sale was done via ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (ARKQ), and ARK Next Generation Internet ETF (ARKW). ARK also bought over 144,900 shares of Twilio (TWLO) and 74,200 shares of Zoom Video Communications (ZM).

Portfolio Pulse from Bhavik Nair

June 21, 2023 | 1:13 am