Streetbeat News

Assets

COVTY

LYB

LyondellBasell and Covestro have decided to permanently close their PO11 unit at Maasvlakte due to profitability pressures from global overcapacities, increased Asian imports, and high European production costs.

Portfolio Pulse from

March 18, 2025 | 1:15 pm

ARC

CURRENC Group and ARC Group have launched a $100 million fund focused on AI infrastructure, green energy, and computing power development. This initiative aims to accelerate advancements in AI data centers and related technologies.

Portfolio Pulse from

March 18, 2025 | 1:15 pm

META

Meta's Reality Labs and its focus on augmented and virtual reality are undervalued by the market. The company is expected to invest $100 billion in these technologies by 2025, positioning itself as a leader in a market with vast potential across various sectors.

Portfolio Pulse from

March 18, 2025 | 1:15 pm

BTCUSD

Metaplanet, a Tokyo-based investment firm, has expanded its cryptocurrency portfolio by purchasing 150 Bitcoin for $12.5 million. This move highlights the firm's growing interest in digital assets.

Portfolio Pulse from

March 18, 2025 | 1:00 pm

AEM

Agnico Eagle Mines (AEM) has announced an investment in Collective Mining, gaining exposure to an early-stage gold exploration property in Colombia.

Portfolio Pulse from

March 18, 2025 | 1:00 pm

HIVE

HIVE Digital Technologies has acquired Bitfarms' Yguazú 200 MW hydro-powered facility in Paraguay, boosting its mining capacity significantly. This acquisition, along with the upcoming Valenzuela project, will increase HIVE's capacity from 6 EH/s to 25 EH/s by September 2025.

Portfolio Pulse from

March 18, 2025 | 1:00 pm

PFN

PFN has reduced its leverage from 23% to 7.7% and shifted its portfolio towards mortgages, treasuries, and emerging market bonds, reducing high yield exposure to 19%. This conservative strategy aims to limit drawdowns and maintain a premium to NAV during potential market downturns.

Portfolio Pulse from

March 18, 2025 | 1:00 pm

LPLA

LPL Financial LLC has welcomed Legacy Premier Wealth Management, including advisors Larry Hubbard, Craig Conner, and Jade Maasch, who manage approximately $275 million in assets. They join LPL from Ameriprise.

Portfolio Pulse from

March 18, 2025 | 1:00 pm

BHAT

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) has completed a significant gold purchase through its subsidiary, boosting its book profits due to rising gold prices.

Portfolio Pulse from

March 18, 2025 | 12:45 pm

ANY

Sphere 3D Corp. has launched its first vertically integrated Bitcoin mining facility in Iowa, marking a strategic shift towards full ownership and control of its mining operations.

Portfolio Pulse from

March 18, 2025 | 12:45 pm