Streetbeat News

Assets

KOS

Kosmos Energy (NYSE/LSE: KOS) has re-financed its reserve-based lending facility, extending its maturity to December 2029 and increasing its size to $1.35 billion from $1.25 billion. The facility, secured against assets in Ghana and Equatorial Guinea, has $800 million currently drawn, with the first payment due in April 2027. The interest margin has slightly increased, starting at 400 basis points above SOFR. Additionally, Kosmos downsized its revolving credit facility from $250 million to $165 million.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 7:09 am

BTCUSD

Crypto analysts have noted a significant decrease in Bitcoin whale activity since March 14, leading to speculation of a potential price surge. Ali Martinez highlighted the lull in transactions, suggesting an increase could boost Bitcoin prices. Despite a recent large deposit into Kraken, concerns of a potential downturn loom, with Bitcoin trading at $62,659, down 0.71% over 24 hours but up 41.85% YTD.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 4:38 am

BTCUSD

SOLUSD

Bitcoin (BTC) is facing a potential downturn, with analysts warning of a 'second danger zone' similar to post-2016 halving corrections. A significant Bitcoin whale deposited $77.67 million worth of BTC into Kraken, indicating possible profit-taking and a forthcoming price correction. Meanwhile, Altcoin Sherpa predicts a 267% surge in Solana (SOL) by the end of 2024, alongside potential gains in AI-focused cryptocurrencies Fetch.ai (FET) and Render (RNDR). The article also discusses the state of meme coins, suggesting a possible consolidation and resurgence.

Portfolio Pulse from Kaustubh Bagalkote

April 29, 2024 | 3:10 am

TSLA

California now has one EV charging station for every five gas stations, with a total of 105,000 public or shared private EV chargers. This development is part of the state's push towards electric vehicles, highlighted by Tesla opening its Supercharger network to other brands like Ford and Rivian. California leads the U.S. in EV adoption, with significant sales and a plan to install up to 40,000 new public EV chargers.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 2:30 am

APE

BTC

DOGE

SHIB

SOL

The article discusses the current state and future prospects of meme coins in the cryptocurrency market, highlighting the skepticism from venture capitalists (VCs) and the impact of meme coins on the crypto industry's legitimacy. It mentions specific cryptocurrencies like Bitcoin (BTC), Apecoin (APE), Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), Bonk (BONK), and Solana (SOL), providing insights into their performance and the broader implications for the crypto market.

Portfolio Pulse from Ivan Crnogatić

April 28, 2024 | 9:10 pm

VIK

Viking Holdings Ltd (NYSE:VIK) is set to go public on May 1, 2024, with an IPO price range of $21.00 to $25.00 per share, offering 44,000,000 shares at $23.00 each. The company will have a 180-day insider lock-up period post-IPO. IPOs allow companies to raise capital by offering shares on exchanges, requiring adherence to SEC regulations and coordination with investment banks to set pricing and offering details.

Portfolio Pulse from Benzinga Insights

April 28, 2024 | 6:22 pm

ETHUSD

PEPEUSD

SHIBUSD

The cryptocurrency market experienced significant events this week, including a 2,211.9% increase in Shiba Inu's burn rate, concerns about market overvaluation, Pepe's potential to outperform Shiba Inu and Dogecoin, the role of memecoins in the adoption of Base's L2 network, and Cathie Wood's prediction that Ethereum could reach a $20 trillion market cap by 2032.

Portfolio Pulse from Benzinga Neuro

April 28, 2024 | 11:04 am

BTCUSD

A Bitcoin whale deposited 1,200 BTC, worth $77.67 million, into the Kraken exchange, as reported by Lookonchain. This transaction follows the whale's accumulation of 24,755 BTC valued at $1.68 billion between March 1 and April 15. The deposit coincides with a surge in exchange inflows from Bitcoin whales, reaching a five-month high, indicating potential profit-taking and a possible price correction for Bitcoin.

Portfolio Pulse from Bibhu Pattnaik

April 27, 2024 | 3:29 pm

BTCUSD

DOGEUSD

ETHUSD

Bitcoin (BTC) is facing a potential downturn in the coming weeks, as warned by crypto analyst RektCapital, who draws parallels to the 2016 halving price action. The analyst suggests Bitcoin could be in a 'second danger zone' post-halving, with a critical support zone around $60,000. This warning comes amid a broader cryptocurrency market downturn, with Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) all trading in the red.

Portfolio Pulse from Rounak Jain

April 27, 2024 | 8:57 am

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has delivered an average annual return of 16.57% over the past 5 years, outperforming the market by 5.0% annually. With a current market capitalization of $41.47 billion, a $1000 investment in IDXX 5 years ago would be worth $2,164.47 today.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 9:30 pm