Streetbeat News

Assets

GLD

Gold has reached record highs, surpassing $2,950 an ounce, as investors seek safety amid trade war fears and disappointing economic data. This has led to increased buying in defensive sectors like consumer staples, utilities, and healthcare.

Portfolio Pulse from

February 27, 2025 | 3:15 pm

QQQ

The article discusses the strategy of retail investors examining the favorite holdings of active fund managers and buying those stocks. The success of this strategy depends on the skill of the active manager.

Portfolio Pulse from

February 27, 2025 | 3:15 pm

NCAUF

Newcore Gold Ltd. has successfully closed a $15 million private placement financing, issuing 41,096,000 units at $0.365 per unit.

Portfolio Pulse from

February 27, 2025 | 3:15 pm

BBEU

JPMorgan BetaBuilders Europe ETF (BBEU) provides diversified exposure to large-cap European stocks with a low expense ratio. It underperforms the S&P 500 due to limited tech exposure, higher defensive sector weighting, and currency fluctuations. BBEU is better for diversification than as a core holding.

Portfolio Pulse from

February 27, 2025 | 3:00 pm

SCBFF

Standard Chartered's head of digital assets research, Geoffrey Kendrick, predicts bitcoin will reach $200,000 this year and $500,000 in the coming years, despite recent selloffs. He attributes this to increased institutionalization of the industry, which should reduce negative events like the recent Bybit hack.

Portfolio Pulse from

February 27, 2025 | 3:00 pm

ALVOF

Alvopetro Energy Ltd reported a significant increase in its reserves and net present value following an increased working interest in the Caburé natural gas field.

Portfolio Pulse from

February 27, 2025 | 3:00 pm

FRSPF

First Phosphate Corp. is advancing its Bégin-Lamarche phosphate mine project in Quebec, moving from a prefeasibility analysis to a formal feasibility study. The company has completed its mineral resource estimate and preliminary economic assessment.

Portfolio Pulse from

February 27, 2025 | 3:00 pm

STZ

Warren Buffett, through Berkshire Hathaway, has added $1 billion worth of a value stock to the portfolio, despite selling over $134 billion in equities last year.

Portfolio Pulse from

February 27, 2025 | 2:45 pm

NGL

NGL Energy Partners reported a disappointing Q3 but is optimistic about future growth. The company is exiting its underperforming liquids business, selling 18 terminals for $95 million to reduce debt and improve cash flow. New contracts are expected to boost EBITDA significantly by fiscal 2026.

Portfolio Pulse from

February 27, 2025 | 2:45 pm

YMAG

YMAG, an option income fund, is criticized for its structure that leads to depreciation over time. Its high yield is misleading as it represents a return of capital rather than true income, necessitating reinvestment to maintain principal.

Portfolio Pulse from

February 27, 2025 | 2:45 pm