Streetbeat News

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NUZE

NuZee shares declined following the announcement of a $1.3 million convertible notes issuance agreement.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:14 pm

XOM

Exxon Mobil is planning to sell its conventional oil and gas assets in the Permian Basin for approximately $1 billion. This move is part of Exxon's strategy to focus on more lucrative shale operations in the region.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:09 pm

QCOM

Recent options trading activity on Qualcomm (NASDAQ:QCOM) shows a bearish sentiment among financial giants, with 44% of trades being bearish. The predicted price range for QCOM is between $167.5 and $180.0. The stock is currently up 0.94% at $171.08, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 3:46 pm

VZ

Whales are showing a bearish stance on Verizon Communications (NYSE:VZ) with 55% of recent options trades being bearish. The trading activity suggests a price range of $30.0 to $47.0 for VZ. The stock is currently priced at $41.46, down 0.07%, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 3:46 pm

BTCUSD

DOGEUSD

ETHUSD

A crypto investor, Dan, who turned $5,000 into millions, shares insights on trading strategies in the volatile crypto market. He emphasizes counter-trading leverage traders and warns against hindsight bias. Dan highlights the importance of timing and market presence, especially for altcoins, which struggle to reach previous highs.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 3:06 pm

LNG

The article provides a comprehensive analysis of Cheniere Energy (NYSE:LNG) compared to its competitors in the Oil, Gas & Consumable Fuels industry. It highlights Cheniere's financial metrics, market standing, and growth prospects, noting its potential undervaluation, strong ROE, but also its lower EBITDA and revenue growth.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 3:00 pm

AAPL

The article provides a comprehensive analysis of Apple Inc. (NASDAQ:AAPL) in comparison to its competitors in the Technology Hardware, Storage & Peripherals industry. It highlights Apple's strong financial metrics such as high ROE, EBITDA, and gross profit, but notes its lower revenue growth compared to the industry average. The analysis suggests that while Apple's stock may appear undervalued based on PE, PB, and PS ratios, its financial performance remains solid with potential for future growth.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 3:00 pm

BTCUSD

ETHUSD

Technical analyst CryptoCred discusses Bitcoin and Ethereum's market scenarios, highlighting Bitcoin's potential market structure reversal and Ethereum's continued underperformance against Bitcoin. Key levels for Bitcoin and Ethereum are identified for potential trading opportunities.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 2:53 pm

MIGI

Mawson Infrastructure has expanded its lease in Ohio to increase its capacity to 153 megawatts, aiming to boost its AI and HPC growth. The company is also seeking additional collaboration partners in AI and HPC.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:51 pm

TRIN

Trinity Capital has committed $35 million in equipment financing to ApiJect Systems to support the development of prefilled single-dose injection devices. This investment highlights Trinity Capital's focus on supporting innovative healthcare solutions.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:33 pm