Streetbeat News

Assets

ADSK

Investors and traders have shown increased interest in Autodesk (NASDAQ:ADSK) through unusual options activity, indicating a bullish sentiment overall. The options scanner revealed 14 uncommon trades, with a sentiment split of 64% bullish and 36% bearish. The focus is on a price band between $210 and $350. Autodesk's current stock price is $256.35, with professional analysts setting an average price target of $286.75. The largest options trades suggest a bullish outlook despite the stock approaching overbought territory.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:32 pm

HD

Over the past 15 years, Home Depot (NYSE:HD) has produced an average annual return of 22.56%, outperforming the market by 8.31% on an annualized basis. A $100 investment in HD 15 years ago would now be worth $2,096.36. Home Depot's current market capitalization stands at $377.80 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:30 pm

AAPL

AMD

HRL

MARA

SNOW

TLT

Wall Street experienced mixed reactions as inflation cooled in January, with the Nasdaq 100 up 0.4%. AMD surged over 6%, hitting a record high, while Apple dropped 1%. Treasury yields fell, boosting the iShares 20+ Year Treasury Bond ETF. Bitcoin declined over 2%. Notable stock movements included Marathon Digital and Snowflake plummeting, while Hormel Foods soared after exceeding earnings expectations.

Portfolio Pulse from Piero Cingari

February 29, 2024 | 7:30 pm

CCL

Financial analysts have observed a significant bullish trend in options trading for Carnival (NYSE:CCL), with 61% of trades being bullish. The analysis highlighted 21 unusual trades, with a focus on a price band between $12.5 and $20.0. Notable trades include both bullish and bearish calls, with the majority leaning towards bullish sentiments. Carnival, the largest global cruise company, has seen its stock price increase by 0.32%, with a current price of $15.52. The next earnings report is expected in 25 days.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:16 pm

XLMUSD

Stellar (CRYPTO: XLM) has seen a 4.52% increase in price over the last 24 hours, reaching $0.12. This is part of a positive trend over the past week, with a 7.0% gain. The coin's all-time high is $0.88. Trading volume has surged by 152.0% over the past week, and the circulating supply has slightly increased to over 28.50 billion, representing approximately 56.99% of its max supply. Stellar's market cap ranking is now #37 at $3.55 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:03 pm

HBARUSD

Hedera (CRYPTO: HBAR) has seen a price increase of 6.1% in the last 24 hours, reaching $0.12, despite a 1.0% loss over the past week. Its all-time high is $0.57. Trading volume has decreased by 13.0%, and the circulating supply has slightly decreased to 33.69 billion, which is 67.37% of its max supply. HBAR's market cap ranks it #34 at $3.88 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:03 pm

ATOMUSD

Cosmos Hub (CRYPTO: ATOM) has seen a significant price increase of 5.08% in the last 24 hours, reaching $11.73, with a weekly gain of over 17% from $9.92. The cryptocurrency's trading volume surged by 54% over the week, while its circulating supply rose by 0.46% to 388.48 million. Currently, ATOM's market cap ranks it 24th at $4.53 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:01 pm

IMO

Imperial Oil (AMEX:IMO) has outperformed the market with an average annual return of 18.36% over the past 5 years, growing a $100 investment to $230.90. The company's market capitalization stands at $33.71 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:00 pm

FILUSD

Cryptocurrency Filecoin (FIL) has seen a significant price increase of 13.55% in the last 24 hours, reaching $8.48. Over the past week, FIL's price has risen over 3.0%, from $8.38. The coin's all-time high is $236.84. Trading volume for FIL has increased by 10.0% over the past week, and its circulating supply has grown by 0.71% to over 516.06 million, representing approximately 26.32% of its maximum supply of 1.96 billion. Filecoin's market cap ranking is currently #28, with a valuation of $4.39 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:00 pm

BCH

ETC

Bitcoin Cash (BCH) and Ethereum Classic (ETC) are experiencing declines of 3.5% and 4.7%, respectively, amid a broader pullback in crypto-related stocks and altcoins following a recent surge in Bitcoin. The movements in Bitcoin often influence other cryptocurrencies due to shared technical features and market sentiment. Meanwhile, US spot Bitcoin ETFs, including iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, have seen record inflows, indicating a strong bullish trend despite a pullback in Bitcoin's price.

Portfolio Pulse from Henry Khederian

February 29, 2024 | 6:56 pm