Streetbeat News

Assets

EWM

The iShares MSCI Malaysia ETF (EWM) faces risks due to concerns about the Ringgit, Trump tariffs, and a weaker Chinese economy. Financials and utilities dominate EWM, with pressures on Ringgit value and net interest margins (NIMs) affecting USD investors. High expense ratios also impact returns.

Portfolio Pulse from

November 23, 2024 | 7:00 am

NI

NiSource has been upgraded due to its strong performance, driven by data center demand and financial strength. The company plans significant capital expenditure to grow its rate base and earnings per share, with potential long-term returns enhanced by strategic equity issuance.

Portfolio Pulse from

November 23, 2024 | 4:00 am

FSMD

The SMIDcap ETF 'FSMD' is expected to benefit from a rate-cutting regime, which could serve as a catalyst for SMIDcap and mid-cap companies. The rate cut cycle is likely to provide relief for smaller and more leveraged companies needing access to capital markets.

Portfolio Pulse from

November 23, 2024 | 1:00 am

MSTR

The article discusses the potential risks associated with high stock multiples and rising bond yields, drawing a parallel with the irrational exuberance seen in the past. It highlights MicroStrategy's (MSTR) stock performance, suggesting that despite the current market conditions, there could be underlying risks similar to those seen in previous market bubbles.

Portfolio Pulse from

November 23, 2024 | 12:30 am

DTCFF

Defence Therapeutics Inc., a Canadian biopharmaceutical company, has closed its offering of unsecured convertible debentures, raising CAD$1,476,000 to settle outstanding debt.

Portfolio Pulse from

November 23, 2024 | 12:15 am

MYNDF

MYND Life Sciences has announced strategic debt reduction and the appointment of a new board member to strengthen its financial position and governance. These moves align with the company's plan to commercialize a diagnostic biomarker test for depression.

Portfolio Pulse from

November 22, 2024 | 11:15 pm

CEFS

Saba Capital's activist approach in managing closed-end funds has led to outperformance, particularly with the Saba Closed-End Funds ETF (CEFS), which offers a 7.9% yield and potential for capital appreciation. CEFS is highly diversified, making it ideal for buy-and-hold strategies.

Portfolio Pulse from

November 22, 2024 | 11:00 pm

BTRMF

ELECF

Electric Royalties Ltd. has entered into an agreement to acquire a 0.75% gross revenue royalty on the Punitaqui copper mine in Chile from Battery Mineral Resources Corp. for C$3.5 million.

Portfolio Pulse from

November 22, 2024 | 10:45 pm

MSTR

The article discusses a $1.2 billion ETF that offers a 100% yield, primarily due to the volatility in MicroStrategy shares. While the ETF provides ample income, it offers less upside compared to directly investing in MicroStrategy stock.

Portfolio Pulse from

November 22, 2024 | 10:30 pm

AUMN

Golden Minerals Company has completed the sale of its Yoquivo gold-silver project in Chihuahua State, Mexico, to Advance Metals Limited. This transaction marks a strategic move for Golden Minerals as it divests from this asset.

Portfolio Pulse from

November 22, 2024 | 10:15 pm