Streetbeat News

Assets

LMT

Over the past 10 years, Lockheed Martin (NYSE:LMT) has outperformed the market by 3.21% on an annualized basis, producing an average annual return of 12.64%. If an investor had bought $100 of LMT stock 10 years ago, it would be worth $328.90 today. Lockheed Martin currently has a market capitalization of $111.95 billion.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:30 pm

BABA

BIDU

NVDA

Nvidia Corp (NVDA) lost a significant artificial intelligence chip order from Baidu Inc (BIDU) to Huawei Technologies Co due to the U.S. embargo on AI technology chips for China. Despite this, Nvidia's A100 and H100 chips have dominated the global AI chip market. However, recent reports suggest that Nvidia may lose orders worth over $5 billion in 2024 from China's leading AI and cloud-computing companies, including Alibaba Group Holding Limited (BABA).

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 3:15 pm

ADBE

A significant investor has adopted a bearish approach towards Adobe (NASDAQ:ADBE), with unusual options activity detected. The investor's identity remains unknown, but the move suggests possible insider knowledge. The general sentiment among heavyweight investors is divided, with 45% bullish and 54% bearish. Notable options include 4 puts totaling $225,127 and 7 calls amounting to $500,224. Big players have been eyeing a price window from $350.0 to $620.0 for Adobe. Adobe's stock price has risen by 1.17%, reaching $572.08. Several analysts have revised their ratings and price targets for Adobe.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:01 pm

XOM

A significant amount of unusual options activity has been observed for Exxon Mobil (NYSE:XOM), with a notably bearish stance. Of the 22 strange trades detected, 27% were bullish and 72% were bearish. The trades included 2 puts for a total of $64,868 and 20 calls for a total of $2,217,816. The targeted price range for Exxon Mobil over the last 3 months is $75.0 to $115.0. The current price of XOM is $103.66, down by -2.09%. Analysts have mixed ratings for Exxon Mobil, with price targets ranging from $120 to $145.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:01 pm

BN

Brookfield (NYSE:BN) has outperformed the market over the past 20 years, producing an average annual return of 12.6%. If an investor had bought $1000 of BN stock 20 years ago, it would be worth $10,517.62 today. The company currently has a market capitalization of $52.47 billion.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:00 pm

SOLUSD

Solana's (CRYPTO: SOL) price rose 3.95% to $41.97 in the past 24 hours, continuing its positive trend over the past week with a 16.0% gain. However, the trading volume for the coin has fallen 18.0% over the past week, while the overall circulating supply of the coin has increased 0.35% to 420.75 million. The current market cap ranking for SOL is #7 at $17.65 billion.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:00 pm

XRPUSD

XRP's price has decreased by 6.06% over the past 24 hours to $0.68, contrary to its performance over the past week where it experienced an up-trend of 15.0%. The trading volume of XRP has climbed 7.0% over the past week and the circulating supply of the coin has increased 0.24%, bringing the circulating supply to 53.62 billion. The current market cap ranking for XRP is #5 at $36.31 billion.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:00 pm

INTC

Intel Corp (NASDAQ:INTC) has shelved a planned investment in Vietnam due to concerns about power supply stability and bureaucracy. The company is expanding its investment in chip packaging in Malaysia and is a leading contender for U.S. government funding for secure microchip facilities. Intel's shares traded higher by 0.70% at $38.21 on Tuesday.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 2:54 pm

EIS

A month after the Hamas attack on Israel, the conflict continues with Israel rejecting ceasefire proposals. The Israeli shekel and the Tel Aviv 125 Index, tracked by the iShares MSCI Israel ETF (EIS), have both risen, while European stocks and oil prices have declined due to concerns about a global economic slowdown.

Portfolio Pulse from Piero Cingari

November 07, 2023 | 2:45 pm

BLURUSD

BTCUSD

ETHUSD

NEOUSD

Cryptocurrency prices fell on Tuesday, with Bitcoin (BTC) trading below the key $35,000 level and Ethereum (ETH) below the $1,900 mark. The global crypto market cap fell to $1.31 trillion, a 24-hour decline of 1.1%. Blur (BLUR) was the top gainer over the past 24 hours, while Neo (NEO) was the biggest loser.

Portfolio Pulse from Lisa Levin

November 07, 2023 | 2:34 pm