Streetbeat News

Regulatory

RDFN

Redfin Corp has secured a commitment of up to $250M in financing from funds managed by Apollo Capital Management, L.P. and its affiliates, according to an SEC 8k filing.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:10 pm

BTCUSD

Approximately 4,800 Bitcoin (CRYPTO: BTC), valued at $144 million, were transferred from an account linked to the Abraxas darknet market to a Bitcoin mixer. This move has raised eyebrows due to the size of the transfer and the association with the defunct Abraxas darknet market. The event underscores the importance of transparency and the role of forensic blockchain analysts in tracing cryptocurrency transactions.

Portfolio Pulse from Murtuza Merchant

October 23, 2023 | 7:51 pm

EIS

SPY

President Biden was asked about a ceasefire but responded by saying that hostages should be released. The article does not provide further details about the context of this statement or its potential impact on specific companies or ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:29 pm

EFNL

NOC

SPY

The US State Department has approved a potential sale of Advanced Anti-Radiation Guided Missiles-Extended Range to Finland. The estimated value of the deal is $150 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:21 pm

DB

SCBFF

USDCUSD

Standard Chartered Bank's SC Ventures and Deutsche Bank have successfully conducted a Universal Digital Payments Network (UDPN) proof-of-concept, facilitating real-time transactions between USD Coin and EURS stablecoins. The UDPN is a distributed ledger technology system that ensures smooth interactions between regulated stablecoins, CBDCs, and business IT systems. The aim of the UDPN Alliance is to transition from traditional payment infrastructures to streamlined, cost-effective digital payment solutions.

Portfolio Pulse from Murtuza Merchant

October 23, 2023 | 7:17 pm

EFNL

NOC

SPY

The US State Department has approved a potential sale of Advanced Anti-Radiation Guided Missiles-Extended Range to Finland. The deal is estimated to be worth $1500M, according to Reuters citing the Pentagon.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:16 pm

RTX

The US State Department has approved a potential sale of Advanced Medium-Range Air-to-Air Missiles to Lithuania, estimated at $100M, according to Reuters citing the Pentagon. Raytheon Technologies (RTX) may be involved in the deal.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:16 pm

VMW

VMware shares are trading higher, potentially rebounding after a drop last week due to reports suggesting China could delay approval of the company's proposed deal with Broadcom.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:05 pm

NVDA

NVIDIA shares are trading higher, possibly due to the momentum in the AI sector. The stock may also be rebounding after a recent fall due to US plans to halt advanced AI chip shipments to China.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:04 pm

TSLA

Tesla shares are trading higher, recovering from last week's losses due to weak earnings results. However, the recovery is being limited by new reports of a DOJ probe into the company. The investigations are centered around perks provided to CEO Elon Musk, advertised vehicle range and self-driving capabilities, and potential wrongdoings related to employee selection and treatment.

Portfolio Pulse from Adam Eckert

October 23, 2023 | 6:59 pm