Streetbeat News

Assets

AIG

COIN

HASI

PYPL

SOFI

TFC

Today's session highlighted significant options activity for 10 financial stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, suggesting shifts in market sentiment. Notable bullish sentiment was observed in calls for NU, AIG, SQ, GS, PYPL, and puts for BX, COIN, TFC, indicating expectations of stock price increases. Conversely, SOFI saw bearish sentiment in puts, suggesting a potential price decrease. HASI's call activity was neutral.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:35 pm

AMZN

BABA

DKNG

GCT

HAS

HRB

NIO

PDD

SHCO

TSLA

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 stocks including TSLA, DKNG, NIO, PDD, AMZN, BABA, SHCO, HAS, HRB, and GCT, with trades focusing on both put and call options.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:35 pm

AMD

ARM

DDOG

ENPH

MRVL

MSFT

NVDA

PLTR

SMCI

Today's session highlighted significant options activity for 10 Information Technology stocks, indicating potential trading opportunities based on whale alerts. These alerts, tracking large transactions, suggest market sentiment shifts and possible price movements for stocks like PLTR, NVDA, AMD, ARM, MRVL, MSFT, SMCI, ENPH, DDOG, and MU. The activity ranged from bullish to bearish sentiments across various expiration dates and strike prices, reflecting diverse market expectations.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:35 pm

SSRM

SSR Mining Inc. (NASDAQ:SSRM) shares plummeted after the company announced the suspension of operations at its Çöpler mine due to a large slip on the heap leach pad. The incident occurred on Tuesday morning, leading to a halt in all operations at the mine. Prior to the suspension, SSR Mining had projected Çöpler to produce 200,000 to 220,000 ounces of gold in 2024 with an AISC of $1,550 to $1,590 per payable ounce. The suspension has resulted in a significant trading volume increase, with over 32 million shares traded, far exceeding the 100-day average of 2.316 million shares. SSRM shares have dropped 52.7% to $4.60.

Portfolio Pulse from Erica Kollmann

February 13, 2024 | 5:32 pm

ADSK

Autodesk's (ADSK) short interest has increased by 11.41% since the last report, with 3.55 million shares sold short, representing 1.66% of its float. It would take approximately 2.93 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards ADSK, although it has less short interest compared to its peer group average of 3.05%. 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 13, 2024 | 5:30 pm

BLDR

Builders FirstSource (NYSE:BLDR) has significantly outperformed the market with an annualized return of 26.05% over the past 10 years, resulting in an average annual return of 36.44%. A $1000 investment in BLDR 10 years ago would now be worth $22,354.45. The company currently has a market capitalization of $22.03 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

CAN

Canaan's (NYSE:CAN) short interest has increased by 22.62% since the last report, with 22.34 million shares sold short, representing 9.54% of its float. This indicates a bearish market sentiment towards CAN, although it's higher than its peer group average of 6.64%. The article suggests that an increase in short interest can sometimes be bullish, as it may lead to a short squeeze.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

SONY

Sony Group's (NYSE:SONY) short interest has increased by 15.38% since the last report, with 1.80 million shares sold short, representing 0.15% of available shares. It would take about 2.72 days to cover these short positions. Short interest is a key indicator of market sentiment, and an increase suggests a more bearish outlook. However, Sony's short interest is below its peer group average of 2.77%, indicating less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

FTNT

Over the past 10 years, Fortinet (NASDAQ:FTNT) has significantly outperformed the market, with an average annual return of 31.23%, turning a $100 investment into $1,514.47 today. Fortinet's market capitalization currently stands at $52.89 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

ETHUSD

Puffer Finance, an Ethereum staking platform, has seen its total value locked (TVL) soar to $850M, making it the second-largest liquid restaking protocol. Launched on February 1st, it quickly gained popularity due to its innovative liquid staking token and anti-slashing technology. Puffer Finance also implemented a five-stage points program to reward user interaction. It has raised significant funding, including from Binance Labs, positioning it as a major player in the Ethereum staking market.

Portfolio Pulse from Gokhshtein Media

February 13, 2024 | 5:27 pm