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BTCUSD

Mark Yusko, co-founder, CEO and chief investment officer of Morgan Creek Capital Management, is recognized for his focus on alternative investments such as Bitcoin, hedge funds, and private equity. He promotes portfolio diversification and the benefits of incorporating alternative assets into investment strategies. Yusko supports Bitcoin as a potential store of value similar to gold and predicts that Bitcoin's value could catch up to gold. He also expresses enthusiasm for DAOs as a key to changing the financial system paradigm.

Portfolio Pulse from Justin Roberti

August 28, 2023 | 1:43 pm

AAPL

AMD

AMZN

GOOGL

MRNA

MSFT

NVDA

SPY

TSLA

The article discusses the upcoming week's trading outlook, focusing on several US-listed companies and ETFs. The author is bearish on the higher time frames due to the strong DXY. However, he notes that SPY took out the swing high, creating a bullish market structure. AAPL is approaching 50% of the range and heading for some resistance. TSLA created a bullish imbalance in discount. GOOGL looks weak with multiple bearish levels overhead. AMZN has resistance at both the 50% level and the 70% from Thursday's high to Friday's low. MRNA is holding up well since the big run up last week. NVDA needs to bounce from the bullish imbalance for a market reversal. MSFT has lots of resistance overhead but a bounce wouldn't be unrealistic. AMD has a big range and a lot of imbalances overhead.

Portfolio Pulse from Mando Trading

August 28, 2023 | 1:40 pm

OSG

Overseas Shipholding Group (OSG) has agreed to purchase 3,788,639 shares of its common stock from entities managed by Cyrus Capital Partners. This has led to a rise in OSG's share price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 1:21 pm

BLMN

Bloomin' Brands, Inc. (NASDAQ:BLMN) has announced changes to its board of directors. Rohit Lal, currently Executive Vice President and Chief Information Officer for Saia Inc., has been appointed as a new independent director. R. Michael Mohan, a director since 2017, has been named Chairman of the Board, succeeding Jim Craigie who has retired. These changes are part of the company's ongoing board refreshment and succession planning.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:16 pm

LDWY

Lendway, Inc. (NASDAQ:LDWY) has announced a new stock repurchase program, authorizing the repurchase of up to 400,000 of the company's outstanding common stock. The repurchase will be conducted in open market transactions, privately negotiated transactions, or other means in accordance with federal securities laws. The program does not obligate Lendway to acquire any particular amount of its common stock or to acquire shares on any particular timetable.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:10 pm

SUNW

Sunworks Inc has filed with the SEC to potentially offer and sell shares of its common stock up to a value of $17.6 million. The timing and amount of any sales will be determined by market conditions and other factors.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:06 pm

AMTD

HKD

AMTD Idea Group (NYSE:AMTD) has announced a $100 million investment into AMTD Digital Inc. (NYSE:HKD) through the purchase of Class B ordinary shares. The shares will be locked up for a period of 5 years, demonstrating AMTD Idea Group's long-term commitment to AMTD Digital's development. The boards of both companies have approved the transaction.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:00 pm

INTC

The U.S Commerce Chief has discussed Micron Technology Inc and Intel Corp with Chinese officials, according to Reuters. The discussions were part of a broader conversation about trade and investment between the two countries.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 12:58 pm

URI

BrightView Holdings Inc (BV) has appointed Dale A. Asplund as the new CEO and received a $500 million strategic investment from One Rock Capital Partners. The investment will be used to reduce debt and fuel acquisitions. The company also reported Q3 FY23 revenue of $766 million, missing the consensus of $777.4 million, and adjusted EPS of $0.44, beating the consensus of $0.38.

Portfolio Pulse from Lekha Gupta

August 28, 2023 | 12:57 pm

AAPL

BYDDF

JBL

Jabil Inc has reached a preliminary deal with Chinese EV maker BYD Co., Ltd. for the sale of its Mobility business in a potential transaction worth $2.2 billion. The proceeds from this transaction will be used for share buybacks and further investment in various sectors. The deal could see BE further penetrating Apple Inc's casing supply with higher market share. Jabil's shares traded higher by 6.57% at $110.00 premarket on the last check Monday.

Portfolio Pulse from Anusuya Lahiri

August 28, 2023 | 12:49 pm