Streetbeat News

Assets

BZAMF

BZAM Ltd. plans to complete a non-brokered private placement of up to 22.22 million units at CA$0.225 per unit, raising up to CA$5 million ($3.7 million). The company's chairman and largest shareholder will purchase all the units issued. Proceeds will be used for general corporate and working capital purposes.

Portfolio Pulse from Vuk Zdinjak

May 19, 2023 | 12:14 pm

APLD

Applied Digital Corporation (NASDAQ: APLD) has secured a $50 million loan to fund the buildout of its AI Cloud platform and datacenters. The loan has a 2-year term and a 9.0% interest rate.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 12:02 pm

OTEC

OceanTech Acquisitions I Corp. has confirmed funding to extend the period to consummate its initial business combination.

Portfolio Pulse from Charles Gross

May 19, 2023 | 10:02 am

ARKF

ARKW

PLTR

Cathie Wood's Ark Invest has increased its stake in Palantir Technologies (NYSE:PLTR) by $3.4 million as the stock reached a 1-year high following strong Q1 results. Ark Invest purchased 286,714 shares through its three ETFs: ARKF, ARKF, and ARKW.

Portfolio Pulse from Shanthi Rexaline

May 19, 2023 | 8:59 am

BNO

VDE

Oil is on track for its first weekly gains in over a month as optimism grows that Congress will resolve the debt limit impasse. West Texas Intermediate and Brent futures are trading higher, while the United States Brent Oil Fund (BNO) and Vanguard Energy Index Fund ETF (VDE) experienced mixed results.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 7:38 am

AAPL

MSFT

TSLA

TSM

TXN

The New York State Common Retirement Fund reduced its holdings in mega-cap technology stocks, including Apple, Tesla, and Microsoft, in Q1 2023. The fund shifted its focus towards chip-based stocks, buying shares of Taiwan Semiconductor and Texas Instruments.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 7:31 am

BTCUSD

GLD

IAU

Robert Kiyosaki, author of 'Rich Dad, Poor Dad', has reiterated his bullish stance on gold, silver, and Bitcoin as hedges against corruption and incompetence. He did not provide specifics but hinted at a potential 'crash landing' for the economy.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 2:38 am

CWD

CaliberCos (NASDAQ:CWD) shares surged 57.89% on their first day of trading after the company's IPO, closing at $6.00. CaliberCos offered 1.20 million shares at $4.00 per share, with an insider lock-up period of 180 days.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 9:30 pm

LAZ

Lazard CEO Ken Jacobs is preparing to step down and hand over the reins to his lieutenant, according to the Wall Street Journal. The investment bank has not yet announced a timeline for the transition.

Portfolio Pulse from Happy Mohamed

May 18, 2023 | 8:52 pm

MCHP

Unusual options activity has been observed in Microchip Technology (NASDAQ:MCHP), with a large position appearing on Benzinga's options scanner. The sentiment of these big-money traders is split between 60% bullish and 40% bearish. Whales have been targeting a price range of $70 to $85 for MCHP over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 8:47 pm