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PCG

PG&E Corp announced a 5-year financing plan to fund $62B in safety and reliability capital expenditures, with no new equity in 2024, potential for substantial dividend growth, and up to $3B in equity needs from 2025-2028.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:24 pm

SMCI

Smart money investors have shown a significant interest in Super Micro Computer (NASDAQ:SMCI) options, with a mix of bearish and bullish sentiments. Benzinga's options scanner revealed 60 unusual trades, indicating a potential price range for SMCI between $480.0 and $1500.0 over the next three months. The trading volume and open interest in SMCI options have notably increased, with a mix of put and call options being traded. Super Micro Computer, a provider of high-performance server technology, is approaching its earnings announcement, with its stock price recently up by 1.34% and trading volume at 1,917,663.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:16 pm

ETCUSD

Ethereum Classic (CRYPTO: ETC) has seen a 4.45% decrease in price over the last 24 hours, landing at $26.03. This drop is part of a broader negative trend over the past week, with a slight 0.0% loss from $26.11. Despite this, trading volume for ETC has increased by 8.0% over the week, and its circulating supply now stands at 146.73 million, approximately 69.64% of its maximum supply. Ethereum Classic's market cap ranks it 29th at $3.83 billion.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:03 pm

MATICUSD

Polygon (CRYPTO: MATIC) experienced a 3.02% price decrease over the past 24 hours, falling to $0.70, despite a weekly uptrend of 3.0%. The trading volume increased by 2.0% over the week, and the circulating supply rose by 0.45% to 9.28 billion, representing 92.83% of its max supply. MATIC's market cap ranks #20 at $6.57 billion.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:02 pm

GRUSF

Grown Rogue International Inc. (OTC:GRUSF) has increased its ownership in Michigan cannabis operations to 80% through two transactions totaling $2.8 million. The company now holds a larger stake in Golden Harvests, LLC, which controls its Michigan operations, and has the option to acquire the remaining 20%. The transactions were financed through cash and sellers' notes, with future payments expected to be covered by cash on hand and operational cash flow. Grown Rogue's CEO highlighted Michigan's importance to the company's growth and operational excellence.

Portfolio Pulse from Jelena Martinovic

April 25, 2024 | 3:02 pm

STETHUSD

Lido Staked Ether (STETH) has seen a decrease of 3.32% in its price over the last 24 hours, now at $3,105.08, despite a weekly uptrend of 1.0%. The trading volume dropped by 26.0%, while its circulating supply rose by 0.42%, reaching over 9.34 million. STETH's market cap ranks it 7th at $29.09 billion.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:02 pm

HE

Hawaiian Electric is reportedly considering the sale of American Savings Bank, according to Bloomberg. This strategic move could potentially reshape the company's financial structure and focus.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:02 pm

LINKUSD

Chainlink (CRYPTO: LINK) has seen a 3.72% decrease in price over the last 24 hours, falling to $14.44, despite a 7.0% increase over the past week. Its trading volume and circulating supply have also risen, with the current market cap ranking at #18.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:01 pm

ETHUSD

Ethereum (ETH) experienced a 3.25% price decrease over the last 24 hours, contrasting with a 1.0% gain over the past week. Its trading volume has decreased by 11.0%, while the circulating supply increased by 2.04%. Ethereum's market cap ranks it #2 at $380.28 billion.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:00 pm

BTCUSD

IBIT

Technical analyst Ali Martinez warns that Bitcoin (BTC) could drop to $61,000 or $59,000 if it falls below $63,300, based on a death cross and a red 9 candlestick on the 12-hour chart. This comes amid decreased exchange inflows and outflows, and a challenging day for cryptocurrency investments highlighted by no net inflows to BlackRock's iShares Bitcoin Trust (IBIT) and net outflows from spot Bitcoin ETFs.

Portfolio Pulse from Khyathi Dalal

April 25, 2024 | 2:52 pm