Streetbeat News

Assets

LFCR

Lifecore Biomedical has secured $150 million in new financing, repaid its outstanding term loans, and signed a supply agreement to expand its HA fermentation capacity with Alcon.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:26 pm

UFAB

Unique Fabricating, Inc. (UFAB) has announced an accommodation agreement and a new forbearance agreement to support its restructuring or sale process.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:10 pm

J

Jacobs Engineering Group Inc. has secured a $249 million contract to manage architecture and engineering services for the US Navy in the Southwest region.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:51 am

ETHUSD

An anonymous 'super meme coin hunter' earned 562.64 Ethereum (ETH), or roughly $1.06 million, in the past month by trading 104 meme tokens with a 63.5% winning rate. The gains were primarily made through investments in meme coins RFD and PEPE.

Portfolio Pulse from Mehab Qureshi

May 23, 2023 | 11:40 am

STX

Seagate plans to offer up to a combined $1 billion of senior notes due 2029 and senior notes due 2031 in a private placement.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:36 am

HLNE

Hamilton Lane has raised over $850 million with the close of its second impact fund, expanding its sustainable investment platform. The fund will focus on investments that generate positive environmental, social, and governance (ESG) outcomes.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:14 am

QQQ

SPY

Despite the ongoing debt ceiling crisis, the S&P 500 and Nasdaq Composite have reached 9-month highs. The options market outlook for SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ) indicates potential resistance and support levels in the short term.

Portfolio Pulse from Bhavik Nair

May 23, 2023 | 11:01 am

AFMD

Affimed's cash and cash equivalents stood at €155.8 million as of March 31, 2023, providing the company with a cash runway into 2025.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:35 am

XM

Qualtrics, LLC has been granted US Patent #11657231 for capturing rich response relationships with small-data neural networks. This technology can potentially enhance the company's experience management (XM) platform.

Portfolio Pulse from Charles Gross

May 23, 2023 | 9:33 am

AKRW

ARKF

ARKK

PLTR

Cathie Wood's Ark Invest purchased 339,570 shares of Palantir Technologies (NYSE:PLTR) worth $4.02 million through three of its ETFs. The stock has rallied about 53% since its Q1 results on May 8, driven by better-than-expected results and a focus on artificial intelligence.

Portfolio Pulse from Shanthi Rexaline

May 23, 2023 | 9:29 am