Streetbeat News

Assets

EWA

Australia's Home Loans for the month showed a 1.6% increase, falling short of the estimated 2.3% growth. This is an improvement from the previous month's revised figure of -0.9%.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:27 am

BBJP

DXJ

EWJ

Japan's current account for February was reported at 2.644 trillion yen, below the estimated 3.112 trillion yen and higher than the previous 0.438 trillion yen.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:26 am

BBJP

DXJ

EWJ

Japan's adjusted current account for February was reported at 1.37 trillion yen, surpassing the estimated 199 billion yen but lower than the previous month's revised 2.75 trillion yen.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:26 am

BTCUSD

El Salvador's President Nayib Bukele announced a plan to offer 5,000 free passports to highly skilled professionals globally, promising 0% taxes for relocating families and assets. This initiative aims to attract talent and investment, following the country's adoption of Bitcoin as legal tender and a new migration law for Bitcoin donors. Bitcoin's price slightly dropped by 0.22% to $69,344.48.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 2:26 am

DOGEUSD

XRPUSD

Dogecoin (DOGE) is nearing surpassing Ripple (XRP) in market value after a 10% price increase, making it the top performer among the top 20 cryptocurrencies. Despite the bullish trend, on-chain signals for Dogecoin remain mostly negative. Dogecoin's market value needs to rise by 17.14% to overtake XRP. The recent surge in Dogecoin's price and trading volume contrasts with a modest increase for XRP and a broader downturn in the crypto market.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 2:22 am

BTCUSD

Crypto analyst Ali Martinez warns of potential $33M in liquidations on derivative exchanges if Bitcoin reaches $70,190. Currently, Bitcoin trades at $69,336.8, with significant liquidations already occurring across various timeframes. Industry experts, including Anthony Scaramucci and Lark Davis, predict a bullish future for Bitcoin, influenced by demand, supply, and significant events in 2024. AI and Big Data cryptocurrencies are also surging, potentially impacting Bitcoin's market performance.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 1:31 am

BA

LUV

A Boeing 737-800 operated by Southwest Airlines lost its engine cover during takeoff at Denver International Airport. The FAA is investigating the incident, which adds to Boeing's ongoing regulatory scrutiny and production slowdowns. Southwest Airlines is reviewing the aircraft, and passengers were delayed but safely transported on a different aircraft. This incident contributes to Boeing's challenges, including trust issues and financial turbulence, as CEO Dave Calhoun announces retirement.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 12:30 am

BTCUSD

Anthony Scaramucci, founder of SkyBridge Capital, predicts a bright future for Bitcoin, attributing its potential growth to increasing demand and decreasing supply. He emphasizes the role of Bitcoin spot market ETFs in attracting new capital and overcoming regulatory barriers. Scaramucci notes the rapid inflow of funds into Bitcoin ETFs, surpassing $10 billion in the first quarter, and contrasts this with the slower pace of the gold ETF GLD. He also highlights the upcoming Bitcoin halving event, which will reduce the daily issuance of new coins, as a factor that has not been fully priced into the market. Bitcoin was trading at $69,866.66, up by almost 3% in the last 24 hours.

Portfolio Pulse from Bibhu Pattnaik

April 07, 2024 | 7:36 pm

MNDR

PACS

ULS

The upcoming week will see the IPOs of UL Solutions Inc. (NYSE:ULS), PACS Group, Inc (NYSE:PACS), and Mobile-health Network Solutions (NASDAQ:MNDR), with their public trading starting on April 12, April 11, and April 8, 2024, respectively. UL Solutions Inc. will offer 28,000,000 shares at $27.50 each, PACS Group, Inc will offer 19,050,000 shares at $21.00 each, and Mobile-health Network Solutions will offer 2,250,000 shares at $4.50 each. All companies have set a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

April 07, 2024 | 6:39 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) is showing signs of a potential price surge, driven by increased social engagement, token withdrawal patterns, and a high LunarCrush AltRank. Key indicators include a significant outflow of SHIB tokens from exchanges, a 61.02% increase in token burn rate, and the development of its Shibarium layer-2 solution. SHIB's price has risen by almost 6% in the last 24 hours.

Portfolio Pulse from Bibhu Pattnaik

April 07, 2024 | 4:40 pm