Streetbeat News

Assets

ARKB

FBTC

GBTC

IBIT

Bitcoin spot ETFs saw $113M in net inflows on Wednesday, with Fidelity's FBTC and BlackRock's IBIT experiencing significant investments, while Grayscale's GBTC continued its trend of net outflows, losing $75.14M. This indicates a shift in investor preferences within the Bitcoin ETF market.

Portfolio Pulse from Murtuza Merchant

April 04, 2024 | 11:48 am

AER

AerCap Holdings N.V. (AER) reported significant activity in Q1 2024, including 82 new lease agreements, the purchase of 21 assets, and the sale of 49 assets. The company also repurchased 4.3 million shares for about $336 million and signed financing transactions worth approximately $1.6 billion.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:13 am

ACHL

Achilles Therapeutics reported a Q4 EPS loss of $(0.46), missing the consensus estimate of $(0.14) by 228.57%. Despite this, their cash position of $131.5M is expected to support operations through 2025. This represents a 24.59% improvement over the previous year's $(0.61) per share loss.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:46 am

IYE

XLE

XOM

Exxon Mobil Corporation (NYSE:XOM) anticipates lower Q1 FY24 earnings due to weak oil and gas prices. The company expects negative impacts on upstream results from gas and liquid price fluctuations, but sees potential positive impacts from variations in industry margins on energy, specialty, and chemical products earnings. Additionally, unsettled derivatives could also affect earnings. Investors can gain exposure to Exxon Mobil through SPDR Select Sector Fund – Energy Select Sector (NYSE:XLE) and iShares U.S. Energy ETF (NYSE:IYE).

Portfolio Pulse from Lekha Gupta

April 04, 2024 | 10:45 am

AAPL

NVDA

TSM

UMC

Taiwan's recent earthquake, the biggest since 1999, poses a significant risk to the global semiconductor supply chain, affecting major chipmakers like TSMC (OTC:TSM) and UMC (NYSE:UMC). Both companies halted operations for inspections, impacting the supply chain. TSMC, crucial for tech giants like Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL), managed to evacuate safely and plans to resume production quickly. However, the event highlights the geopolitical and natural disaster risks of Taiwan's central role in chip manufacturing.

Portfolio Pulse from Upwallstreet

April 04, 2024 | 10:18 am

ORLA

Orla Mining Ltd. has confirmed Carlin-type gold mineralization at its North Bullion deposit and has identified new drill targets across the South Railroad Project. This development could potentially increase the project's gold resources and enhance its overall value.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:03 am

DIS

Trian Partners reportedly earned approximately $300 million, or a 40% return, on its investment in Disney, according to the Wall Street Journal citing sources.

Portfolio Pulse from Charles Gross

April 04, 2024 | 9:32 am

GLD

SPY

'Rich Dad Poor Dad' author Robert Kiyosaki criticizes Fed Chair Powell for admitting inflation is winning, changing his stance on rate cuts. Kiyosaki warns of financial trouble, advising investment in gold, silver, and Bitcoin. SPDR Gold Shares (GLD) and SPDR S&P 500 ETF Trust (SPY) are mentioned with their performance.

Portfolio Pulse from Shanthi Rexaline

April 04, 2024 | 9:31 am

EWU

The U.K. Services Purchasing Managers Index (PMI) for March was reported at 53.1, slightly below the estimated 53.4 and the previous month's 53.8, indicating a modest slowdown in the services sector.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:32 am

NVDA

SK Hynix announced a $3.87 billion investment in its first U.S. chip packaging facility in Indiana, focusing on high-bandwidth memory chips for AI systems, including NVIDIA GPUs. This move aligns with the Biden administration's efforts to boost U.S. chip production and is expected to enhance supply-chain resilience, create jobs, and foster a local semiconductor ecosystem. The investment is seen as a response to the CHIPS and Science Act and aims to mitigate risks like those from recent disruptions in global chip production.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 7:51 am