Streetbeat News

Assets

ARKQ

ARKW

NVDA

TSM

Ark Invest, led by Cathie Wood, has made a semiconductor pair trade, buying 98,170 shares of Taiwan Semiconductor Manufacturing Company (TSM) valued at $10.51 million through its ARKQ ETF, while selling 20,111 shares of Nvidia (NVDA) for approximately $7.94 million through its ARKQ and ARKW ETFs.

Portfolio Pulse from Shanthi Rexaline

June 13, 2023 | 11:00 am

HSBC

RY

HSBC Holdings PLC (NYSE:HSBC) announced its decision to exit its wealth and personal banking business in New Zealand, winding down the business over several years. The bank will continue to operate its Wholesale Banking and Markets & Securities Services businesses in the country. This move aligns with HSBC's strategy to exit less profitable businesses globally and focus on expansion opportunities in Asian markets.

Portfolio Pulse from Lekha Gupta

June 13, 2023 | 10:50 am

ACN

Accenture Global Solutions has been granted U.S. Patent #11676365 for its explainable AI-based image analytic, automatic damage detection, and estimation system.

Portfolio Pulse from Charles Gross

June 13, 2023 | 10:48 am

BTCUSD

ETHUSD

MSTR

Data intelligence firm MicroStrategy (NASDAQ:MSTR) could have been more profitable if it had invested in Ethereum (CRYPTO: ETH) instead of Bitcoin (CRYPTO: BTC), according to data from blockchaincenter.net. If MicroStrategy had invested in ETH, its portfolio would be valued at $6.461 billion, yielding a 54% increase against BTC, compared to a 14% loss from its BTC investment.

Portfolio Pulse from Mehab Qureshi

June 13, 2023 | 10:16 am

SPY

VGK

The U.S. is expected to approve the supply of depleted-uranium tank rounds to Ukraine, according to the Wall Street Journal. This move could potentially impact the SPY and VGK ETFs.

Portfolio Pulse from Charles Gross

June 13, 2023 | 9:51 am

SHIBUSD

A mysterious whale has accumulated 1.5 trillion Shiba Inu (CRYPTO: SHIB) tokens worth $10 million from Binance and Coinbase, making them the largest holder of SHIB, excluding exchanges. This comes amid the SEC's legal battle against crypto exchanges and a 21.4% decline in SHIB's value over the past week.

Portfolio Pulse from Mehab Qureshi

June 13, 2023 | 6:56 am

AMD

MSFT

NVDA

QQQ

SPY

TSM

Fidelity's Jurrien Timmer believes the market is almost in a new bull run, with an improving earnings outlook. Tech stocks like NVIDIA, AMD, Taiwan Semiconductor, and Microsoft have registered significant gains since the start of 2023. The SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1 have also seen gains.

Portfolio Pulse from Bhavik Nair

June 13, 2023 | 2:33 am

ARKK

ARKQ

ARKW

GM

META

TSLA

Cathie Wood's ARK Investment Management sold over 393,000 Tesla shares worth $98 million ahead of potential market volatility due to the upcoming Federal Reserve policy announcement. The sale was conducted through ARK Innovation ETF, ARK Autonomous Technology & Robotics ETF, and ARK Next Generation Internet ETF.

Portfolio Pulse from Bhavik Nair

June 13, 2023 | 1:15 am

LSDI

WSNAF

Wesana Health Holdings (OTCQB:WSNAF) shareholders approved the sale of its SANA-013 development-related assets and other related assets to Lucy Scientific Discovery (NASDAQ:LSDI) and Lucy Scientific Discovery USA Inc. SANA-013 is a proprietary drug delivery protocol using a combination of psilocybin and CBD for the treatment of Major Depressive Disorder.

Portfolio Pulse from Lara Goldstein

June 12, 2023 | 10:53 pm

GSQB

G Squared Ascend II (GSQB) plans to redeem public shares and cease all operations as of June 16, 2023, due to not consummating an initial business combination. The last trading day will be June 16, 2023, and the NYSE will file a Form 25 to delist its securities.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:45 pm