Streetbeat News

Credit Ratings

AAPL

AMZN

FCX

MSFT

NVDA

QQQ

SPY

TSLA

Freeport-McMoRan Inc (FCX) has outperformed NVIDIA Corp (NVDA) due to optimism about China's economy, a major copper user. Positive PMI data from China and comments from Fed Chair Powell on interest rates have influenced market movements. Early trade money flows show positive trends for AMZN, MSFT, TSLA, neutral for NVDA, META, GOOG, and negative for AAPL. Mixed flows are observed in SPY and QQQ. The article also highlights the importance of portfolio construction and diversification.

Portfolio Pulse from The Arora Report

April 02, 2024 | 5:55 pm

ATAI

META

MNMD

PSIL

TSLA

Beckley Psytech and atai Life Sciences announced positive results from a Phase 2a study of 5-MeO-DMT for Treatment Resistant Depression. Utah hospitals will soon offer psilocybin and MDMA therapy. Elon Musk discussed the benefits of ketamine for depression and its positive impact on investors. Meta is under investigation for potentially facilitating illegal drug sales. MindMed's CEO highlighted LSD's potential in a podcast. Various companies and ETFs are mentioned with their stock performance.

Portfolio Pulse from Lara Goldstein

March 29, 2024 | 4:43 pm

KRE

'Rich Dad Poor Dad' author Robert Kiyosaki predicts a financial crisis in the US similar to China's, impacting baby boomers' retirement plans. He attributes the crisis to the collapse of major entities in China and warns of similar issues in the US commercial real estate sector. Kiyosaki advises investing in tangible assets like gold, silver, and Bitcoin over fiat currency or real estate investment trusts (REITs). The SPDR S&P Regional Banking ETF (KRE) is mentioned in relation to the challenges faced by the US banking system, including the exposure of regional banks to commercial real estate.

Portfolio Pulse from Shanthi Rexaline

March 29, 2024 | 12:12 pm

PARA

S&P has downgraded Paramount Global's credit rating to junk status, according to a report by Bloomberg. This downgrade reflects concerns about the company's financial health and its ability to manage debt.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 4:47 pm

FCF

MTB

NYCB

SNV

TRMK

VLY

S&P Global downgraded the outlooks of five US regional banks - First Commonwealth Financial, M&T Bank, Synovus Financial, Trustmark, and Valley National Bancorp - from stable to negative due to concerns over their exposure to commercial real estate loans. This action follows a trend of increasing scrutiny on the banking sector's stability, especially after New York Community Bancorp reported a loss attributed to bad CRE loans. The Federal Reserve Chair, Jerome Powell, also highlighted the risks associated with CRE loans to regional banks, indicating a potentially challenging future for the sector.

Portfolio Pulse from Benzinga Neuro

March 27, 2024 | 1:21 am

Moody's has placed Boeing's BAA2 and Prime-2 ratings on review for a potential downgrade, citing concerns over Boeing's ability to deliver the projected 379 units of 737 and approximately 95 units of 787 aircraft in 2024. The review is based on the belief that Boeing will struggle to achieve the delivery volumes necessary to significantly increase its free cash flow (FCF).

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:49 pm

BTCUSD

ETHUSD

LULU

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed performance amid a decrease in weekly jobless claims. Ripple's CEO comments on SEC's actions against Ethereum and XRP. Lululemon's weak outlook impacts pre-market session alongside Nike. US political tensions rise with Marjorie Taylor Greene's statements. Taiwan's tech surge and China's investigation into PwC over Evergrande fraud affect the global economy. Apple faces an antitrust lawsuit, while Tesla's Cybertruck production ramps up. Air travel costs are expected to rise due to airlines passing on decarbonization expenses. Various companies face legal and market challenges.

Portfolio Pulse from Akanksha Bakshi

March 22, 2024 | 1:13 pm

AMC

DISH

SWK

TDY

Investor interest in high-yielding corporate bonds is increasing as expectations grow for the Federal Reserve to cut rates later this year. This trend is driven by a desire to lock in high interest rates and a change in Moody's rating approach, boosting demand for riskier, high-yield bonds. Companies like AMC Entertainment, Stanley Black & Decker, and Teledyne Technologies are among those offering the highest yields, indicating a higher risk of default but potentially higher returns for investors.

Portfolio Pulse from Adam Eckert

March 18, 2024 | 6:21 pm

BTCUSD

The weekend financial news roundup covered topics from Bitcoin's potential to address the U.S. national debt, Edward Snowden's critique of Janet Yellen, to the unexpected rise in inflation affecting Federal Reserve decisions. Coinbase CEO Brian Armstrong suggested Bitcoin as a solution to the national debt crisis. Edward Snowden highlighted a contradiction in Yellen's statements regarding U.S. financial capabilities. Inflation rates exceeding expectations in February 2024 are likely to influence the Federal Reserve's upcoming decisions, with persisting inflation adding pressure on Fed Chair Jerome Powell. Additionally, Dave Ramsey criticized the traditional retirement paradigm, advocating for a re-evaluation of life and financial planning.

Portfolio Pulse from Benzinga Neuro

March 17, 2024 | 10:45 am

GRFS

Grifols shares are trading lower following credit rating downgrades by Fitch and S&P.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:57 pm