Streetbeat News

Assets

AMZN

CMG

EBAY

PDD

RRR

TSLA

WING

Today's session revealed significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. The activity included both bearish and bullish sentiments across various expiration dates and strike prices for companies like TSLA, AMZN, M, PDD, CMG, EBAY, HD, WING, LI, and RRR. This unusual options activity could suggest expectations of future price movements in these stocks.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:35 pm

AAPL

AMD

AVGO

DDOG

MSTR

NVDA

PANW

SMCI

TSM

Today's session highlighted significant options activity in the Information Technology sector, with notable movements in stocks like NVDA, AMD, SMCI, PANW, TSM, KD, AAPL, AVGO, DDOG, and MSTR. 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 07, 2024 | 5:35 pm

ABBV

Financial analysis of AbbVie (NYSE:ABBV) options trading reveals a bearish sentiment among investors, with 75% showing bearish tendencies. The analysis highlighted 12 unusual trades, with a significant number of calls over puts, indicating expectations for AbbVie's stock price to range between $90.0 and $200.0 in the short term. The company, known for its strong presence in immunology and oncology, has seen its stock price slightly increase by 0.51% to $174.17, with neutral RSI indicators.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:30 pm

ANET

Over the past 5 years, Arista Networks (NYSE:ANET) has produced an average annual return of 34.97%, outperforming the market by 22.3%. A $100 investment in ANET 5 years ago would now be worth $465.97. Arista Networks currently has a market capitalization of $82.83 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:30 pm

MSI

Motorola Solutions (NYSE:MSI) has delivered an average annual return of 17.52% over the past 10 years, outperforming the market by 6.94%. A $100 investment in MSI a decade ago would be worth $502.24 today, showcasing the impact of compounded returns on investment growth. Motorola Solutions currently has a market capitalization of $54.00 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:30 pm

INTU

Over the past 10 years, Intuit (NASDAQ:INTU) has significantly outperformed the market, with an average annual return of 24.4%, turning a $1000 investment into $9,036.18. Intuit's market capitalization currently stands at $177.84 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

ADBE

Adobe (NASDAQ:ADBE) has outperformed the market with an average annual return of 18.77% over the past 5 years, turning a $1000 investment into $2,390.80 today. The company's market capitalization stands at $277.77 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:00 pm

SPY

Fed's Kugler expressed concerns over regional banks' exposure to Commercial Real Estate (CRE) and hinted at potential upward pressure on goods prices due to global shipping and other risks, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:54 pm

SPY

Fed's Kugler expressed concerns about commercial real estate as a potential source of financial stress, highlighting the sector's importance in financial stability.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:45 pm

SPY

Fed's Kugler comments on the current stability in the financial system, highlighting strong household balance sheets as a key factor. This perspective suggests a robust economic foundation, potentially influencing market sentiment and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:45 pm