News Summary (PNC, FFIV, MS, BX, STI, BBT)


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Regional banks are generally holding up better as compared to their bigger counterparts as their business is not impacted by new financial regulations. Regional banks such as SunTrust (NYSE: STI), BB&T (NYSE: BBT) and PNC Financial Services (NYSE: PNC) are paying less for deposits, which has helped boost their Q2 profits.Shares of F5 Networks (NASDAQ: FFIV), a provider of application delivery networking products, continue to rise after posting higher-than-anticipated results yesterday. RBC Capital has also upgraded the stock from “sector perform” to “outperform,” while raising the target price for the company from $70 to $90. FFIV’s shares have jumped 12.01% to $81.89 at 10:31 am. Reuters has quoted unidentified sources as saying that Blackstone Group (NYSE: BX) is about to finalize a deal for obtaining property loans with a face value of roughly $1.1 billion. These property loans are owned by the Japanese operations of Morgan Stanley (NYSE: MS). If the deal finalizes, it will become Blackstone's first investment in Japan. The deal can also help in bringing the second largest real estate market in the world to life.Read more from Benzinga's Markets.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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