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US spot Bitcoin ETFs saw significant net inflows of $303 million on May 15, led by Fidelity's ETF with $131 million. Bitwise and Grayscale followed with $86.26 million and $27.05 million, respectively. Analysts predict a potential return to Bitcoin's all-time highs, driven by lower-than-expected US inflation data and growing institutional interest.

Portfolio Pulse from Murtuza Merchant

May 16, 2024 | 12:04 pm

TRIN

Trinity Capital has announced a commitment of $60 million in growth capital to Metabolon, a company specializing in metabolomics. This investment aims to support Metabolon's expansion and development efforts.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:57 am

SDRL

Seadrill shares are trading higher after the company announced an agreement to sell its Qatar jack-up fleet.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:26 am

SDRL

Seadrill has agreed to sell three jack-up rigs and its 50% equity interest in a joint venture operating these rigs offshore Qatar to Gulf Drilling International for $338 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:25 am

ARES

Ares Management, CDPQ, and Schroders Capital have announced a €750M financing deal to expand Vantage Data Centers' EMEA platform. Ares and CDPQ are each providing up to €300M, while Schroders Capital is contributing up to €150M.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 10:35 am

MAC

Macerich has acquired the remaining 40% share of Arrowhead Towne Center and South Plains Mall for $36.5M plus debt, giving it full ownership of both properties. Additionally, Macerich has a contract to sell an open-air asset, expected to generate $110M in net proceeds.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 10:08 am

CVX

Chevron is preparing to launch the sale process for its remaining North Sea oil and gas assets, including a 19.4% stake in the Clair Field and associated pipelines, according to a statement cited by Reuters.

Portfolio Pulse from Charles Gross

May 16, 2024 | 9:53 am

NVX

NOVONIX has completed due diligence for its merger with Axon Graphite. NOVONIX will divest its subsidiary MD South Tenements Pty Ltd, which holds the Mount Dromedary natural graphite exploration interests, to Axon Graphite Limited, a subsidiary of LEL. LEL will contribute its Burke and Corella graphite projects to Axon.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 6:39 am

MPLX

MPLX has priced $1.65 billion of 5.50% senior notes due 2034 in a public offering, with the notes offered at 98.778% of par.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:55 pm

CUBI

Customers Bank, a subsidiary of Customers Bancorp (NYSE:CUBI), has purchased a minority limited partnership interest in a fintech investment fund for $5 million, representing a 70% discount to the original cost. This move underscores the bank's commitment to venture banking and early-stage companies.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:26 pm