Streetbeat News

Assets

ICPUSD

Internet Computer's (CRYPTO: ICP) price has risen by 3.81% in the last 24 hours to $12.72, marking a weekly increase of over 2.0% from $12.42. Despite a 46.0% drop in trading volume over the week, the circulating supply slightly increased by 0.03% to 457.82 million. Currently, ICP ranks #18 in market cap at $5.87 billion.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 7:00 pm

U

Unity Software (NYSE:U) has seen a significant options trading activity, with a bearish sentiment prevailing among high-rolling investors. Benzinga's options scanner revealed 16 trades, showing a split sentiment with 43% bullish and 56% bearish. The trades target a price range of $20.0 to $42.0 for Unity Software over the next 3 months. The largest trades include both bearish and bullish calls with varying strike prices and expiration dates. Unity Software's current market performance shows a slight increase in stock price, with an RSI indicating a neutral position. The next earnings report is expected in 17 days.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 6:45 pm

XOM

Financial analysis reveals a bearish sentiment among traders on Exxon Mobil (XOM) with 56% showing bearish tendencies in options trading. A significant volume of options trades has been observed, with a focus on a price band between $95.0 and $110.0. The largest trades include both bullish and bearish positions, with varying expiration dates and strike prices. Exxon Mobil, a leading oil and gas company, has seen its stock price slightly increase by 0.32%, with an RSI indicating a potential overbought situation. Analysts have mixed opinions, with an average price target of $122.33, ranging from $115 to $132.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 6:45 pm

OKTA

Smart money investors have shown a significant interest in Okta (NASDAQ:OKTA) options, with a bearish stance overall. Benzinga's options scanner revealed 19 trades, indicating a split sentiment with 42% bullish and 57% bearish. The trades target a price range of $75.0 to $125.0 for Okta. The largest trades include both bullish calls and a bearish put, with notable volumes and open interests. Okta, a cloud-native security company, has seen its stock price increase by 1.56%, with an upcoming earnings announcement in 19 days.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 6:45 pm

CVE

CVX

E

EQNR

GOOG

MSFT

NIO

A significant milestone in nuclear fusion was achieved at the UK's Joint European Torus (JET) facility, generating a record 69 megajoules of energy. Despite the progress, practical application remains distant. The UK's future in European fusion research is uncertain post-Brexit, with plans to build the first fusion power plant. Companies like Chevron, Alphabet, Cenovus Energy, Microsoft, NIO, Eni SpA, and Equinor ASA have invested in nuclear fusion technology.

Portfolio Pulse from Vandana Singh

February 09, 2024 | 6:44 pm

CRWD

Smart money investors have shown a significant interest in CrowdStrike Holdings (NASDAQ:CRWD) options, with a mix of bearish and bullish sentiments. Benzinga's options scanner revealed 86 uncommon trades, indicating a potential price range of $150 to $380 for CRWD in the next three months. The trading volume and open interest suggest heightened activity, with a notable split between puts and calls. CRWD's current market position shows a 2.41% increase in stock price to $330.83, with an upcoming earnings announcement in 25 days.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 6:30 pm

V

Recent options market activity indicates a bullish sentiment towards Visa (NYSE:V), with 70% of trades being bullish. Notable trades include a mix of puts and calls, targeting a price range of $155.0 to $280.0. Visa's current trading volume is 1,598,313, with a slight price decrease of -0.28%, and an RSI indicating a potential overbought situation. Analysts have set an average price target of $299.8, with ratings ranging from Neutral to Overweight. Visa, the world's largest payment processor, processed over $14 trillion in fiscal 2022.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 6:30 pm

COR

Cencora (NYSE:COR) has delivered an average annual return of 21.71% over the past 5 years, outperforming the market by 8.92%. A $1000 investment in COR 5 years ago would now be worth $2,739.36. The company's current market capitalization stands at $45.94 billion.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 6:30 pm

SPY

Fed's Bostic highlights that businesses are facing significant challenges in finding employees and securing affordable housing. He also suggests that data indicate real wage gains are expected to continue for several more months.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 6:26 pm

ARKB

BITB

FBTC

IBIT

Spot Bitcoin ETFs, particularly BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC), have seen significant inflows, with IBIT and FBTC crossing $3 billion in assets. Other notable ETFs include ARK 21Shares' spot Bitcoin ETF (ARKB) and Bitwise Bitcoin Fund (BITB). The inflows have contributed to a surge in Bitcoin's price, with expectations of further increases ahead of the April 2024 halving event. Analysts see this as the start of a bull cycle, potentially pushing Bitcoin's price to over $250,000.

Portfolio Pulse from Khyathi Dalal

February 09, 2024 | 6:15 pm