Streetbeat News

Assets

GOOG

MSFT

SPY

TSLA

The S&P 500 surpassing $5000 and China's fastest price drop since 2009 are key highlights. SPDR S&P 500 ETF Trust (SPY) reflects the S&P 500's performance. Jobless claims remain steady, indicating a strong job market. Treasury auctions draw significant investor interest. Alphabet Inc (GOOG) rebrands its large language model to Gemini, competing with Microsoft's (MSFT) ChatGPT. China's price drop may prompt economic measures, affecting global markets. Early trade shows varied money flows in major tech stocks and ETFs, with notable movements in Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), and Amazon (AMZN). Gold and oil ETFs (GLD, USO) see specific trading patterns, while Bitcoin experiences aggressive buying.

Portfolio Pulse from The Arora Report

February 08, 2024 | 5:50 pm

U

Unity Software (NYSE:U) has seen a significant increase in options activity, with a bearish sentiment from big-money traders. Benzinga's options scanner revealed 8 trades, showing a preference for bearish positions with 75% bearish and 25% bullish sentiment. The trades target a price range of $20.0 to $42.0 for Unity Software. Notable options activity includes a mix of bearish and bullish calls with varying strike prices and expiration dates. Unity Software, a platform for creating real-time 3D content, has its stock currently neutral with a slight increase in price to $32.55.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:46 pm

DIS

GOOG

GOOGL

META

OMC

PINS

QNST

ROKU

SNAP

TTWO

Today's session highlighted significant options activity in the Communication Services sector, with notable trades on US-listed companies like META, DIS, SNAP, GOOGL, PINS, QNST, OMC, GOOG, ROKU, and TTWO. The activity ranged from bullish to bearish sentiments, involving both call and put options with varying expiration dates and strike prices. This options activity could indicate upcoming trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:35 pm

AMZN

DKNG

EXPE

GME

LI

NIO

PDD

RIVN

TSLA

WYNN

Today's session highlighted significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bullish calls on TSLA, EXPE, GME, NIO, LI, and WYNN, and bearish sentiments on AMZN, DKNG, RIVN, and PDD. These activities suggest whales' expectations for these stocks' future movements, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:35 pm

AAPL

ARM

AVGO

CRWD

MARA

MSFT

NVDA

QCOM

SMCI

TSM

Today's session highlighted significant options activity in the Information Technology sector, with notable movements in stocks like NVDA, AAPL, MARA, MSFT, ARM, TSM, AVGO, QCOM, CRWD, and SMCI. The activity ranged from bullish to bearish sentiments, with various expiration dates and strike prices. This could indicate potential trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:35 pm

AVGO

Over the past decade, Broadcom (NASDAQ:AVGO) has significantly outperformed the market, yielding an average annual return of 36.17%. A $1000 investment in AVGO 10 years ago would now be worth $22,245.65, showcasing the power of compounded returns. Broadcom's market capitalization currently stands at $592.24 billion.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:30 pm

ZS

Over the past 5 years, Zscaler (NASDAQ:ZS) has outperformed the market with an annualized return of 25.28%, averaging 37.96% annually. An investment of $1000 in ZS stock 5 years ago would now be worth $5,153.43. Zscaler's market capitalization stands at $36.34 billion.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:30 pm

MLYS

Mineralys Therapeutics shares surged following the announcement of securing $120 million in private placement financing. This significant financial infusion is expected to bolster the company's operations and potentially accelerate its drug development programs.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 5:29 pm

NYCB

Jenny Harrington announced on CNBC her ownership of New York Community Bank (NYCB) shares, indicating potential investor confidence in the bank.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 5:17 pm

PCAR

Over the past 5 years, PACCAR (NASDAQ:PCAR) has outperformed the market with an annualized return of 18.8%, turning a $100 investment into $241.66. The company's market capitalization stands at $55.02 billion.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:00 pm