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VGK

The Eurozone has decided to increase its interest rate to 4.50% from the previous 4.25%, which is higher than the estimated 4.25%.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:19 pm

VGK

The European Central Bank (ECB) has increased its deposit rate from 3.75% to 4.00%.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:18 pm

VGK

The European Central Bank (ECB) has increased the interest rate on its benchmark refinancing rate from 4.25% to 4.5%.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:17 pm

VGK

The Euro Zone Deposit Facility Rate for September has been set at 4%, higher than the estimated 3.75% and the prior rate of 3.75%.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:15 pm

AAPL

A recent survey by WalletHub reveals that 20% of Americans are willing to go into debt to purchase Apple Inc's latest iPhone 15 series. The survey also found that 40% prefer paying off a new handset in installments, indicating a preference for financing options. However, 60% of respondents stated they’d try a budget carrier, while 75% believed the new iPhone models are overrated. Over half of the participants felt that Apple doesn’t pay a fair amount in taxes.

Portfolio Pulse from Benzinga Neuro

September 14, 2023 | 8:14 am

BRPHF

BTCUSD

FTTUSD

SOLUSD

The U.S. Bankruptcy Court has granted permission to crypto exchange FTX to liquidate its cryptocurrency assets, valued at over $3.4 billion, to settle debts with creditors. FTX can now sell, stake and hedge its cryptocurrency assets. The exchange has also expressed interest in bringing on board Mike Novogratz from Galaxy Digital as an advisor. FTX disclosed its possession of $1.16 billion in Solana and an estimated $560 million in Bitcoin.

Portfolio Pulse from Murtuza Merchant

September 13, 2023 | 7:29 pm

MFG

MUFG

SMFG

Shares of Japanese banks are trading higher following recent comments from the Bank of Japan suggesting a possible end to negative rates.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 5:47 pm

QQQ

TQQQ

ProShares UltraPro QQQ (TQQQ) shares are trading higher by 1.9% following worse-than-expected U.S. inflation data. The ETF corresponds to three times the daily performance of the Nasdaq-100 (QQQ) ETF. Rising inflation can lead to concerns about tighter monetary policy, including interest rate hikes, which can have a mixed impact on TQQQ. Higher rates can increase borrowing costs for tech companies but can also attract income-seeking investors to high-growth equities.

Portfolio Pulse from Henry Khederian

September 13, 2023 | 3:49 pm

WKHS

Workhorse Group Inc (NASDAQ:WKHS) shares rose by 14.5% after the company announced it has received IRS approval as a qualified manufacturer for the Commercial Clean Vehicle Credit. This approval makes customers eligible to receive up to a $40,000 credit for deliveries of all Workhorse vehicles in 2023 and beyond.

Portfolio Pulse from Henry Khederian

September 13, 2023 | 2:10 pm

DZSI

DZS Inc. has secured $29.7 million in financing.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:09 pm