Streetbeat News

Assets

SPY

USA retail inventories excluding automobiles for December increased by 0.4%, which is lower than the estimated 0.6% but an improvement from the previous -0.9%.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:02 pm

VETUSD

VeChain (CRYPTO: VET) experienced a significant price increase of 32.94% in the last 24 hours, reaching $0.05. This surge is part of a broader positive trend, with a 59.0% gain over the past week. The trading volume for VeChain has also seen a substantial rise of 880.0% during the same period. The current circulating supply of VeChain is 72.71 billion, which is 83.86% of its maximum supply. VeChain's market cap now ranks #33 at $3.32 billion.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:01 pm

UAL

United Airlines Holdings (NASDAQ:UAL) has delivered an average annual return of 14.91% over the past 15 years, turning a $100 investment into $718.12 today. The company's market capitalization stands at $14.22 billion, showcasing its significant growth and the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:01 pm

DAL

Over the past 15 years, Delta Air Lines (NYSE:DAL) has produced an average annual return of 14.32%, turning a $1000 investment into $7,219.90 today. With a current market capitalization of $26.61 billion, DAL's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:01 pm

MO

Altria Group's (NYSE:MO) short interest has increased by 5.68% since the last report, with 16.45 million shares sold short, representing 0.93% of its float. It would take about 1.93 days to cover all short positions. This rise in short interest indicates a more bearish market sentiment towards MO, although it has less short interest compared to its peer average of 2.77%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:00 pm

MTRS

Metros Development Co., Ltd. (MTRS) is set to begin trading on NASDAQ on February 16, with an IPO price range of $8.00 to $9.00 per share. The company, specializing in identifying and purchasing underdeveloped real estate for resale to developers, has an insider lock-up period ending on August 14, 2024.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:00 pm

UNIUSD

Uniswap (CRYPTO: UNI) has seen a significant price increase of 6.5% in the last 24 hours, reaching $7.31, with a weekly gain of over 15% from $6.36. The trading volume surged by 62% over the week, while the circulating supply slightly decreased by 0.37% to 753.77 million, representing 75.38% of its max supply. UNI's market cap ranks it #20 at $5.52 billion.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:00 pm

SPY

USA Business Inventories for December showed a month-over-month increase of 0.4%, aligning with the estimated 0.4% and marking an improvement from the -0.1% observed in the prior month.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:00 pm

BA

FAA's Whitaker has engaged with Boeing engineers and mechanics to gain insights into the safety culture at the Washington facility. Additionally, the FAA is concluding its enhanced oversight audit of Boeing's production and manufacturing quality systems within the next few weeks.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:48 pm

INTC

Financial giants have shown a mixed sentiment on Intel (NASDAQ:INTC), with options trading evenly split between bullish and bearish. Analysis of 14 unusual trades reveals a balance, with 2 puts and 12 calls. The trades suggest a price window of $21.0 to $50.0 for Intel. The largest trades include both bearish and bullish positions, with significant open interest and volume in options. Intel, a leading chipmaker, is currently trading at $44.86, up 1.52%, with an RSI indicating a neutral position. The anticipated earnings release is in 70 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm