Streetbeat News

Assets

CMCL

Caledonia Mining Corporation is focusing on its Bilboes project in Zimbabwe, which is crucial for diversifying its operations beyond the Blanket mine.

Portfolio Pulse from

November 12, 2024 | 11:45 am

TRIN

Trinity Capital Inc. has committed $40 million in growth capital to Impress, a European orthodontic chain specializing in invisible aligners.

Portfolio Pulse from

November 12, 2024 | 11:45 am

NVDA

David Tepper's Appaloosa has sold 93% of its stake in Nvidia, a leading AI stock, and is investing in a major Chinese growth stock.

Portfolio Pulse from

November 12, 2024 | 10:30 am

VFS

VinFast, a Nasdaq-listed electric vehicle company, will receive $3.35 billion in funding from its founder and parent company, Vingroup, by 2026. The company aims to break even by that year.

Portfolio Pulse from

November 12, 2024 | 10:30 am

ICVT

The iShares Convertible Bond ETF (ICVT) holds over 300 convertible bonds, primarily in technology and consumer cyclicals. Despite its stock-like risk metrics, its returns are lower, and its distribution history is inconsistent. However, ICVT's correlation with stocks can be beneficial in a tactical bond ETF portfolio during stock market uptrends.

Portfolio Pulse from

November 12, 2024 | 9:30 am

ME

23andMe is cutting 40% of its workforce and halting its therapy development projects to stabilize the business. The company is exploring options to license or sell these projects.

Portfolio Pulse from

November 12, 2024 | 9:30 am

PSKOF

Poland's largest refiner, Orlen, plans to invest $852.3 million to upgrade its energy distribution network, focusing on improving electricity delivery in northern and central Poland.

Portfolio Pulse from

November 12, 2024 | 9:15 am

BAM

SEGRO PLC will not enhance its all-share offer for Tritax Eurobox PLC but has agreed to purchase some assets from Brookfield Asset Management, which offered a higher cash deal for Eurobox.

Portfolio Pulse from

November 12, 2024 | 9:15 am

GEGYY

Genel Energy is focusing on optimizing cash flows, evolving its capital structure, and exploring new asset acquisitions, as stated by CEO Paul Weir in their Q3 update.

Portfolio Pulse from

November 12, 2024 | 8:45 am

AZN

AstraZeneca PLC has announced a $3.5 billion investment to expand its research and manufacturing operations in the US by 2026, creating over 1,000 high-skilled jobs. This is part of its 'Ambition 2030' plan to reach $80 billion in revenue by 2030.

Portfolio Pulse from

November 12, 2024 | 8:30 am