Streetbeat News

Assets

CVNA

Whales have shown a bearish stance on Carvana (CVNA), with 72% of detected trades being bearish. The trades range between puts and calls with a focus on a price range of $37.5 to $80.0 for CVNA over the last 3 months. The largest trades include both bearish and neutral sentiments, with significant amounts invested in options. Carvana's market status shows a slight increase in stock price to $49.74, with an RSI indicating it may be approaching overbought territory. An earnings announcement is expected imminently.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:16 pm

BMY

Bristol-Myers Squibb (NYSE:BMY) has seen significant options market activity, with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 9 unusual trades, with a split sentiment of 33% bullish and 66% bearish. The trades suggest a target price range of $40.0 to $62.5. The company, a leader in immuno-oncology, derives 70% of its sales from the U.S. Recent trading volume was 5,829,565, with a slight price decrease of -0.41%, and an RSI indicating potential overbought status. Analyst ratings in the last month have set an average target price of $52.5.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:16 pm

XMRUSD

Monero (XMR) experienced a 3.61% price increase over the last 24 hours, reaching $123.31, despite a 3.0% decrease over the past week from $126.54. The coin's all-time high is $542.33. Trading volume has decreased by 46.0%, and the circulating supply dropped by 0.1% to 18.15 million, placing Monero's market cap at $2.24 billion and ranking it #48.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:02 pm

CROUSD

Cronos (CRYPTO: CRO) has seen a 5.2% increase in price over the last 24 hours, reaching $0.09. This is part of a positive trend over the past week, with a 2.0% gain from $0.09. Despite a decrease in trading volume by 18% and a slight drop in circulating supply, its market cap ranks #46 at $2.47 billion. The volatility and price movement are illustrated with Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:01 pm

NVDA

SPY

Nancy Pelosi and her husband's investment in NVIDIA Corp (NVDA) has been a topic of scrutiny. They purchased Nvidia options in November 2023, which have since passed the $1 million profit level. A $1,000 investment in Nvidia at the time of Pelosi's disclosure would now be worth $1,572.09, a 57.2% gain. In contrast, the same investment in SPDR S&P 500 ETF Trust (SPY) would have yielded a 6.1% gain. The Pelosis previously sold Nvidia shares at a loss, missing out on potential profits of around $15.33 million.

Portfolio Pulse from Chris Katje

February 22, 2024 | 7:00 pm

PSNY

Polestar Automotive's (NYSE:PSNY) short interest has decreased by 13.95% since the last report, with 22.51 million shares sold short, representing 4.81% of its float. This decrease in short interest could indicate a more bullish sentiment towards PSNY among traders. Compared to its peers, PSNY has a lower short interest percentage of float, with the average being 10.19%.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:00 pm

TXN

Over the past 10 years, Texas Instruments (NASDAQ:TXN) has outperformed the market with an average annual return of 13.97%, turning a $100 investment into $371.13. The company currently has a market capitalization of $149.96 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:00 pm

SWKS

Skyworks Solutions (NYSE:SWKS) has seen a decrease in short interest, now at 3.04% of its float, lower than its peer group average of 3.43%. This reduction from 4.30 million shares suggests a more bullish sentiment among investors. The current short interest represents a 1.76-day average trading volume to cover.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:00 pm

MOH

Over the past 15 years, Molina Healthcare (NYSE:MOH) has produced an average annual return of 26.08%, outperforming the market by 12.38% on an annualized basis. A $1000 investment in MOH 15 years ago would be worth $31,438.47 today. Molina Healthcare currently has a market capitalization of $23.57 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:00 pm

PH

Parker Hannifin's (NYSE:PH) short interest has decreased by 13.92%, with 866 thousand shares sold short, representing 0.68% of its float. This decline in short interest, which now requires 1.3 days on average to cover, could indicate a more bullish sentiment towards PH compared to its peers, where the average short interest as a percentage of float is 3.09%.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 7:00 pm