Streetbeat News

Assets

ESS

Essex Property Trust has announced a public offering of $200 million in additional senior notes due 2034 with a reoffer yield of 5.110%. These notes will be issued under the same indenture as the previously issued $350 million of 5.500% senior notes due 2034.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:59 pm

SOAR

Volato is enhancing operational efficiency by removing five leased aircraft, saving $1.2 million per quarter. The company plans to receive 10-12 new aircraft in 2024, including HondaJets and Gulfstream G280s.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:02 pm

ASPN

Aspen Aerogels has secured a $125 million term loan and a $100 million revolving credit facility from MidCap Financial. This funding will be used to redeem a convertible note and support the financing of Plant II, with the new Georgia facility excluded from the collateral structure.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:33 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

SOLUSD

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are down but holding crucial trend lines, suggesting potential for a reversal. Bitcoin's large transaction volume increased, while daily active addresses decreased. Analysts predict Bitcoin could reach $116,000, despite current bearish trends.

Portfolio Pulse from Khyathi Dalal

August 19, 2024 | 8:28 pm

KKR

KKR has acquired a portfolio of six Class A industrial logistics properties in major U.S. markets for approximately $377 million. The properties are fully leased and strategically located in key markets, enhancing KKR's warehouse acquisitions to nearly six million square feet this year.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:17 pm

KYMR

Kymera Therapeutics is launching a public offering of $200M in common stock and pre-funded warrants, with an option for underwriters to purchase an additional $30M. The proceeds will support its degrader programs and potential acquisitions.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:02 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares rose on Monday with a trading volume of 22.823 million, below the 100-day average. The stock is trading near the upper end of its 52-week range, and recent options trading shows a bullish sentiment. Soros Fund Management added 300,000 shares of SoFi in Q2 2024.

Portfolio Pulse from Vaishali Prayag

August 19, 2024 | 6:19 pm

CREG

Smart Powerr Corp has filed with the SEC for a mixed shelf offering of up to $50 million. This move allows the company to issue various types of securities, which could be used for general corporate purposes, including debt repayment, acquisitions, or capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 5:52 pm

AAPL

AMD

BTDR

GTLB

MARA

MSFT

NVDA

PANW

PLTR

SMCI

The article highlights significant options activity in the Information Technology sector, focusing on trades involving companies like NVDA, AAPL, MSFT, AMD, SMCI, PANW, PLTR, BTDR, GTLB, and MARA. These activities include both call and put options with varying sentiments, indicating potential market movements.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 5:35 pm

ETHUSD

MATICUSD

Donald Trump's venture into NFTs and cryptocurrency, particularly through Ethereum and Polygon, has proven lucrative. His passive income from these digital assets is surpassing traditional income sources like royalties from The Apprentice. Trump's NFT sales and meme coin taxes have generated significant earnings, highlighting the potential of digital assets as a financial cushion.

Portfolio Pulse from Murtuza Merchant

August 19, 2024 | 5:29 pm