Streetbeat News

Assets

BAC

BXMT

COIN

HOOD

LMND

SOFI

TROW

Today's whale activity in the Financials sector highlighted significant options trading across various stocks, indicating bearish, bullish, and neutral sentiments. Notable trades were observed in COIN, HOOD, MA, BAC, LMND, SOFI, BXMT, TROW, SQ, and BX, with varying expiration dates, strike prices, and sentiments. This activity could signal upcoming movements in these stocks based on the large sums of money involved and the specific sentiments expressed through the options market.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:35 pm

ABNB

AMZN

CPNG

CVNA

GLBE

MMYT

TSLA

WHR

Today's session highlighted significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. The activity involved both bullish and bearish sentiments across various expiration dates and strike prices for companies like TSLA, FL, LI, CPNG, GLBE, AMZN, ABNB, CVNA, WHR, and MMYT. This unusual options activity could suggest expectations of future stock price movements.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:35 pm

AMD

ARM

CRM

MARA

MSTR

NVDA

PATH

PLTR

SNOW

STX

Today's whale activity in the Information Technology sector highlighted unusual options trading for several companies. Notable bullish sentiment was observed in MARA, MSTR, STX, and AMD, while bearish sentiment was seen in NVDA, PLTR, and SNOW. CRM, ARM, and PATH had neutral to bullish sentiment respectively. The activity involved both call and put options with varying expiration dates and strike prices, indicating diverse market expectations.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:35 pm

KDP

Over the past 15 years, Keurig Dr Pepper (NASDAQ:KDP) has produced an average annual return of 19.97%, outperforming the market by 5.74% on an annualized basis. A $100 investment in KDP 15 years ago would now be worth $1,419.75. The company currently has a market capitalization of $40.82 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:30 pm

COR

Over the past 5 years, Cencora (NYSE:COR) has outperformed the market with an annualized return of 24.09%, growing a $1000 investment to $2,911.90. Cencora's market capitalization stands at $46.84 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:30 pm

FITB

Fifth Third Bancorp's (NYSE:FITB) short interest has increased by 9.22%, with 18.27 million shares sold short, representing 3.08% of its float. This indicates a bearish market sentiment, although it's not a definitive predictor of stock performance. Compared to its peers, FITB has a higher short interest, suggesting more bearish sentiment among investors towards FITB than its industry counterparts.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 5:30 pm

ADIL

IAS

INGN

OGEN

VANI

VTVT

U.S. stocks traded lower with the Nasdaq down 50 points. Real estate shares rose by 1.1%, while health care shares fell by 0.8%. U.S. crude oil inventories increased more than expected. Vivani Medical, Adial Pharmaceuticals, and vTv Therapeutics saw significant stock price increases, while Oragenics, Integral Ad Science, and Inogen experienced notable declines.

Portfolio Pulse from Avi Kapoor

February 28, 2024 | 5:25 pm

MSTR

MicroStrategy shares are trading higher due to the strength in Bitcoin, reflecting the company's significant investment in the cryptocurrency.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 5:21 pm

AAPL

LLY

TSLA

XBI

Biotech, represented by SPDR S&P Biotech ETF (XBI), has experienced a breakout, indicating strong investor conviction. Eli Lilly (LLY) has seen significant gains, highlighting opportunities beyond AI and big tech. Apple (AAPL) has canceled its electric vehicle project to focus on AI, potentially benefiting Tesla (TSLA). Recent GDP data shows strong economic growth with inflation pressure, while consumer confidence suggests a possible market pullback. Early trade money flows show positive sentiment for TSLA, neutral for AAPL and MSFT, and negative for AMZN, GOOG, META, and NVDA. Gold and oil are seeing buying interest, with USO being the popular oil ETF. Bitcoin has surged past $60,000.

Portfolio Pulse from The Arora Report

February 28, 2024 | 5:19 pm

BTCUSD

Anthony Scaramucci of SkyBridge Capital predicts Bitcoin's price could surge to $200,000 following the upcoming halving event in April, which historically leads to significant price rallies. He attributes the recent price increase to limited supply, demand from newly approved spot ETFs, and a short squeeze. Scaramucci also compares Bitcoin favorably to gold, suggesting it could reach at least half of gold's market value by 2030.

Portfolio Pulse from Adam Eckert

February 28, 2024 | 5:16 pm