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BTCUSD

The rehabilitation trustee of Mt. Gox, once the world's largest Bitcoin exchange, has announced a postponement in its repayment deadlines to Oct. 31, 2024. The decision comes as the trustee grapples with the complexities of gathering necessary information from rehabilitation creditors and coordinating with associated banks, fund transfer service providers, and designated crypto exchanges. Those who have already provided the necessary information can expect their repayments to commence as early as the end of this year.

Portfolio Pulse from Murtuza Merchant

September 21, 2023 | 1:19 pm

BTCUSD

ETHUSD

HAL

MCD

SPY

The article covers a range of topics including US markets, crypto, politics, economy, electric vehicles, tech, consumer, communication, industrial, space, and financial. Key points include insider selling of McDonald's and Halliburton stocks, tech and small-cap stocks shuddering due to high bond yields, and investor optimism falling after the Fed keeps rates steady. In crypto, ImmutableX's token surges 35% while Bitcoin, Ethereum, and Dogecoin trail. In tech, Google ditches Broadcom for Marvell amid AI chip wars, and Amazon faces pushback on new fees. In consumer news, Starbucks announces a dividend hike. In communication, Elon Musk's X is closer to 'Everything App' goal.

Portfolio Pulse from Akanksha Bakshi

September 21, 2023 | 12:50 pm

BTCUSD

MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) announced the completion of privately negotiated convertible note exchanges, reducing its long-term debt by 56%. The company exchanged $417 million worth of notes for 31.7 million newly issued shares of common stock. As a result, Marathon's combined cash and bitcoin holdings now exceed its convertible debt.

Portfolio Pulse from Adam Eckert

September 21, 2023 | 12:47 pm

AKTX

Akari Therapeutics (NASDAQ:AKTX) has announced a private placement of its equity securities with existing investors, including Chairman Dr. Ray Prudo and CEO Rachelle Jacques, expected to generate $2 million. The company also received a $2.5 million R&D tax credit from the UK. The private placement will involve the issuance of unregistered American Depository Shares (ADSs) at $3.30 per ADS. The closing is expected on September 22, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 12:22 pm

RIG

Nauticus Robotics has secured a term loan agreement with existing stakeholders Transocean, ATW Partners, Material Impact, and RCB Equities. The agreement provides up to $20M in secured term loans.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 11:37 am

EWU

The U.K. has decided to keep its interest rate unchanged at 5.25%, against an estimated 5.50%.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 11:10 am

DRI

FDS

GIS

SCHL

The Federal Reserve maintained the federal funds rate within the 5.25% to 5.5% range, causing a decline in overall sentiment among U.S. investors and a drop in U.S. stocks. General Mills Inc reported better-than-expected earnings for its first quarter. Investors are awaiting earnings results from FactSet Research Systems Inc., Darden Restaurants, Inc., and Scholastic Corporation.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 7:19 am

IAUX

i-80 Gold has announced a $20 million gold prepay accordion with Orion Mine Finance. The deal will provide i-80 Gold with additional capital for its operations.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 5:53 am

C

Following a $1.8 billion money laundering scandal last month, Singapore-based banks have increased scrutiny towards clients of Chinese origin with foreign passports. Several financial institutions are re-evaluating new account applications and transactions related to these clients. Banks involved in the scandal include Credit Suisse, Julius Baer Group Ltd., Citigroup Inc., Oversea-Chinese Banking Corp., and United Overseas Bank Ltd. The Monetary Authority of Singapore is in discussions with these institutions regarding the potentially contaminated funds.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 5:30 am