Streetbeat News

Assets

CWST

Casella Waste Systems is set to acquire the assets of Consolidated Waste Services for approximately $219 million.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:03 pm

BNBUSD

ETHUSD

Bank of China's investment subsidiary, BOCI, has issued $28 million worth of Ethereum-based tokenized securities in Hong Kong, marking the first product of its kind in Asia Pacific. UBS collaborated with BOCI for this venture, following its own issuance of a $50 million tokenized fixed rate note in December.

Portfolio Pulse from Murtuza Merchant

June 12, 2023 | 6:44 pm

ETHUSD

A total of 3,663.61 Ether (ETH) worth $6,351,974 was burned from Ethereum transactions on Sunday. This follows the implementation of the EIP-1159 upgrade on August 5th, which changed the fee model and introduced a variable base fee that is burned, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 6:00 pm

PLTR

Palantir Technologies (PLTR) sees a significant option alert for November 17th $22 calls with 500 contracts at the ask price of $1.34, compared to an open interest of 999 contracts. The stock is currently trading at $15.6572.

Portfolio Pulse from Charles Gross

June 12, 2023 | 5:52 pm

CCJ

Cameco (CCJ) experienced a significant option alert with 20,011 July 21 $37 calls being swept above the ask price at $0.231, compared to an open interest of 2,313. The stock's reference price is $31.685.

Portfolio Pulse from Charles Gross

June 12, 2023 | 5:31 pm

NKE

Nike (NYSE:NKE) has outperformed the market over the past 15 years, producing an average annual return of 12.97%. If an investor had bought $100 of NKE stock 15 years ago, it would be worth $619.36 today.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 5:01 pm

SPY

USO

The U.S. Energy Information Administration (EIA) reports that oil output from top shale-producing regions is expected to reach a record high in July, with the least increase since December 2022. U.S. Permian oil output is also due to rise to its highest on record.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:56 pm

AAVEUSD

CRVUSD

Michael Egorov, the creator of Curve Finance, deposited 38 million Curve DAO (CRV) tokens worth $24 million into Aave, a decentralized lending platform. This move bolsters his collateral and reduces the likelihood of liquidation. Egorov backed his loan on Aave with 277 million CRV tokens, representing 32% of CRV's total circulating supply.

Portfolio Pulse from Murtuza Merchant

June 12, 2023 | 4:43 pm

MS

Morgan Stanley CEO James Gorman stated that the bank is looking to do deals in asset management and is agnostic regarding geography. This comes after the bank's acquisition of Eaton Vance last year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:35 pm

MS

Morgan Stanley CEO James Gorman anticipates further consolidation in the asset management industry. He also stated that growth targets for new money inflows are not reliant on deals, and approximately 25% of assets under management are in cash or cash equivalents.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:34 pm