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EWG

Germany's retail sales for August have decreased by 1.2%, which is lower than the estimated 0.5% and the prior figure of -0.8%.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 6:02 am

EWU

The U.K.'s current account deficit for Q2 was reported at -25.3B, significantly higher than the estimated -15B and the revised prior figure of -15.2B.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 6:01 am

EWU

The U.K. business investment for Q2 has been reported at 4.1%, exceeding the estimated 3.4% and the revised prior of 4%.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 6:01 am

GME

Ryan Cohen, the new CEO of GameStop Corp., has emphasized the need for 'extreme frugality' to ensure the company's survival amid financial turbulence. Cohen, who will not be receiving a salary in his new role, has urged employees to scrutinize every expense and eliminate waste. Cohen's firm, RC Ventures, is GameStop's largest shareholder with a 12.09% stake. GameStop shares closed at $16.84 on Thursday, marking a nearly 9% decline for the year.

Portfolio Pulse from Benzinga Neuro

September 29, 2023 | 5:39 am

BTCUSD

ETHUSD

Veteran trader Peter Brandt has asked macro guru Raoul Pal if Bitcoin (BTC) is heading for a rally. Brandt pointed out several indicators that suggest a potential rally, including the lowest Average Directional Index (ADX) reading since July 2020, indicating a decrease in trend strength and volatility. He also mentioned the possibility of a second retest of the underlying Head and Shoulders (H&S) bottom formation. Pal agreed with Brandt's observations. This comes as Valkyrie Investments received approval from the SEC for an ETF that allows investors to speculate on the future price of Ethereum (ETH).

Portfolio Pulse from Mehab Qureshi

September 29, 2023 | 5:13 am

BBJP

DXJ

EWJ

Japan's preliminary industrial production for August remained flat at 0.0%, compared to an estimated -0.8% and a prior figure of -1.8%.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:17 am

BBJP

DXJ

EWJ

Japan's Tokyo Core Consumer Price Index (YoY) for September was reported at 2.5%, lower than the estimated 2.6% and the prior 2.8%.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:17 am

ETHUSD

Valkyrie Investments has secured approval from the SEC for the first-ever ETF featuring Ethereum futures. This news led to a surge in Ethereum prices, resulting in the liquidation of over $11 million worth of Ethereum short positions within the past 24 hours. The total value of liquidations during this period amounted to $13.78 million, with Ethereum shorts comprising the majority.

Portfolio Pulse from Mehab Qureshi

September 29, 2023 | 3:16 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin saw a surge in value following the news that investment manager Valkyrie Funds LLC has received regulatory approval from the SEC to introduce Ethereum futures to its existing Bitcoin futures ETF. The Valkyrie Bitcoin and Ether Strategy ETF is scheduled to launch on October 2. The global crypto market capitalization stands at $1.05 trillion, a 0.80% increase in the last day. Stocks rebounded on Thursday as Wall Street aimed to recover from significant losses seen earlier this month.

Portfolio Pulse from Mehab Qureshi

September 29, 2023 | 2:25 am

ARKW

BEAM

DKNG

MKFG

NET

Ark Invest, led by Cathie Wood, sold 61,638 shares of DraftKings Inc (NASDAQ:DKNG), reducing its stake in ARK Next Generation Internet ETF (NYSE:ARKW) by 0.1461%. The transaction was valued at $1.8 million. Ark Invest also bought shares in Cloudflare Inc (NYSE:NET), BEAM Therapeutics Inc (NASDAQ:BEAM), and Markforged Holding Corp (NYSE:MKFG), increasing its stakes in ARKW, ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Space Exploration & Innovation ETF (BATS:ARKX) respectively.

Portfolio Pulse from Benzinga Neuro

September 29, 2023 | 2:19 am