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HUBC

HUB Cyber Security Ltd. (NASDAQ:HUBC) has successfully secured $8 million in financing through a straight debt arrangement. This move is aimed at strengthening the company's financial position and supporting its growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 10:36 am

HUT

Hut 8 Corp. (HUT) announced strategic site closures and progress on new site energization, alongside an operations update for March 2024. The company closed its Drumheller site, relocating efficient miners to Medicine Hat and retiring inefficient ones. Significant progress was made on the Salt Creek site, expected to be energized in April. Hut 8 also transitioned site-level operating responsibilities at Kearney and Granbury to a new owner, with a termination fee expected by end of April. The company holds 9,102 Bitcoin, positioning it for growth ahead of the cryptocurrency halving.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 10:32 am

BA

EADSY

SPR

Boeing Co. (NYSE:BA) and Airbus SE (OTC:EADSY) are reportedly close to finalizing a deal to split the operations of Spirit AeroSystems Holdings Inc. (NYSE:SPR), a key supplier. This move could mark the end of Boeing's 20-year outsourcing strategy and involves dividing Spirit's assets crucial for their jet programs amid antitrust concerns. The deal, still under negotiation, could see Boeing and Airbus taking over essential plants, with Airbus potentially investing over $1 billion in A220 wing production optimization. The division is seen as a strategic pivot for Boeing to reinforce its manufacturing capabilities, especially after recent FAA scrutiny over quality control.

Portfolio Pulse from Benzinga Neuro

April 05, 2024 | 9:04 am

EWU

The S&P Global / CIPS U.K. Construction Purchasing Managers Index (PMI) for March was reported at 50.2, slightly above the estimated 49.8 and the previous month's 49.7, indicating a marginal expansion in the U.K. construction sector.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:30 am

BTCUSD

ETHUSD

SOLUSD

Crypto analyst Willy Woo expressed skepticism about Layer 1 networks like Ethereum, Solana, and Radix becoming hard money, comparing their evolution to programming languages that fall in and out of favor. He highlighted Bitcoin's simplicity and protocol-like nature as potentially more enduring.

Portfolio Pulse from Benzinga Neuro

April 05, 2024 | 6:51 am

ARBK

Argo Blockchain reported a 5% increase in daily Bitcoin mining production in March, reaching 103 Bitcoin or 3.3 per day, despite a 4% rise in network difficulty. March's mining revenue soared by 55% to $7.0 million from February's $4.5 million. The company held digital assets equivalent to 26 Bitcoin as of March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:51 am

PAC

Grupo Aeroportuario Del Pacifico (GAP) reported a 0.6% decrease in March 2024 passenger traffic compared to March 2023, with a load factor increase to 75.2% from 69.9%. While Puerto Vallarta and Los Cabos saw increases in passenger traffic, Tijuana and Guadalajara experienced declines. Montego Bay also reported a traffic increase.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:38 am

EWG

Germany's factory orders for February showed a modest increase of 0.2% month-over-month, falling short of the 0.6% estimate but improving from the previous -11.3%.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:02 am

EWU

The U.K. Halifax House Price Index for March showed a decrease of 1.0%, contrasting with the expected 0.3% increase and a revision of the prior month's figure to 0.3%. The ETF EWU, which tracks the performance of the U.K. market, may be impacted.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:01 am

EWU

The U.K. Halifax House Price Index reported a year-over-year increase of 0.3% for March, significantly below the estimated 1.5% and the prior month's revised figure of 1.6%.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:01 am