Streetbeat News

Assets

WENA

ANEW Medical, Inc. (NASDAQ:WENA) has successfully converted its convertible promissory notes, eliminating over $4 million in long-term debt and $600,000 in annual interest payments. This move strengthens its balance sheet and positions the company for future growth.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 9:02 am

BTCUSD

Renowned investor Bill Miller III continues to support Bitcoin, viewing it as an 'insurance policy against financial catastrophe.' Despite Bitcoin's volatility, Miller's early investment in the cryptocurrency has proven successful, with its value rising significantly since his initial purchase. Miller's investment philosophy focuses on understanding market dynamics rather than predicting trends.

Portfolio Pulse from Bibhu Pattnaik

August 25, 2024 | 4:30 pm

OSK

Oshkosh Inc. (NYSE:OSK) shares are currently priced at $107.00, with a recent 1.59% increase. Despite a 7.77% drop over the past month, the stock has risen 7.00% over the past year. Its P/E ratio of 10.19 is lower than the Machinery industry's average of 15.84, suggesting potential undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 8:45 pm

USO

The U.S. Energy Department has purchased nearly 2.5 million barrels of oil to replenish the Strategic Petroleum Reserve. This move could impact oil prices and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:36 pm

LQDT

Liquidity Services and Tiger Group are conducting a fifth court-ordered auction related to the bankruptcy of El Dorado Gas & Oil. This involves over 230 energy assets available on AllSurplus.com until August 28, 2024. Liquidity Services shares have seen an upward movement.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:28 pm

NNN

NNN REIT Inc. (NYSE:NNN) is trading at $46.36, with a 0.50% increase in the current session. Over the past month, the stock rose by 2.44%, and by 18.77% over the past year. Its P/E ratio of 20.78 is lower than the Retail REITs industry average of 163.95, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 6:45 pm

CBSTF

The Cannabist Company Holdings Inc. (OTCQX:CBSTF) is selling its Florida assets, including a cultivation facility and 14 dispensaries, for a total of $16.4 million. This move is part of a strategy to streamline operations and focus on growth markets. The transactions are subject to regulatory approvals.

Portfolio Pulse from Jelena Martinovic

August 23, 2024 | 6:07 pm

AFRM

COIN

JPM

KKR

PYPL

RILY

WFC

The article highlights unusual options activity in the financial sector, focusing on large trades by 'whales' in various stocks. Notable trades include bearish put options for KKR, MS, and RILY, bullish call options for LC and V, and a mix of sentiments for other stocks like AFRM, COIN, WFC, JPM, and PYPL.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:35 pm

AMZN

BABA

CAVA

CTRN

DKNG

MGM

NKE

PDD

PTON

TSLA

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, BABA, AMZN, and others. These trades can indicate potential market movements.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:35 pm

AMD

CLSK

CORZ

INTC

MSFT

MSTR

NVDA

SMCI

WOLF

The article highlights unusual options activity in the Information Technology sector, focusing on trades involving companies like NVDA, INTC, MSTR, AMD, MSFT, CLSK, WOLF, SMCI, S, and CORZ. These trades, tracked by Benzinga's options activity scanner, indicate potential market movements based on the sentiment of large investors, or 'whales'.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:35 pm