Streetbeat News

Assets

BA

Boeing's CFO announced during an investor call that the company ended Q3 with approximately 250 Max Jets in inventory, including about 85 held for China.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:50 pm

C

A significant investor has taken a bearish stance on Citigroup (NYSE:C), with 54% of recent trades being bearish and 45% bullish. The total amount for put options is $662,733 and for call options is $469,237. Whales have been targeting a price range from $32.5 to $55.0 for Citigroup over the last 3 months. The current price of Citigroup is down 1.33% at $38.41. Analysts from Morgan Stanley, Piper Sandler, Goldman Sachs, BMO Capital, and Oppenheimer have maintained their ratings on Citigroup.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:46 pm

GOOG

GOOGL

MSFT

The Frontier Model Forum, co-founded by OpenAI, Microsoft, Alphabet, and AI startup Anthropic, has appointed its first director, Chris Meserole, and plans to set up a $10M AI research fund. The forum, which focuses on 'frontier AI models', also plans to create an advisory board to guide its strategy. This comes as many countries are devising AI regulation and industry leaders are voicing concerns about the impact of such models on public safety.

Portfolio Pulse from Anusuya Lahiri

October 25, 2023 | 2:42 pm

BA

Boeing's CEO has stated that financial improvement in the company's Defense, Space & Security division will take time. This was announced during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:42 pm

SPY

UNG

USO

USA gasoline inventories have seen a build of 0.156M, contrasting with the estimated draw of 0.897M and the prior draw of 2.371M.

Portfolio Pulse from Happy Mohamed

October 25, 2023 | 2:32 pm

AXP

American Express (NYSE:AXP) has outperformed the market over the past 15 years, producing an average annual return of 12.04%. If an investor had bought $100 of AXP stock 15 years ago, it would be worth $569.02 today.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:30 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a draw of 1.686 million barrels in weekly distillates stocks, compared to an estimated draw of 1.168 million barrels and a prior draw of 3.185 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:30 pm

SPY

USO

USA crude oil inventories have seen a build of 1.371M, which is significantly higher than the estimated build of 0.239M and a sharp contrast to the prior draw of 4.491M.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:30 pm

ETHUSD

MATICUSD

USDCUSD

The article reviews the progress of five crypto companies that received significant funding in 2022: Yuga Labs, ConsenSys, Polygon, Circle, and Animoca Brands. Yuga Labs has expanded into NFT collaborations and decentralized applications. ConsenSys has played a crucial role in Ethereum's transition to its 2.0 version. Polygon is working towards a connected crypto world. Circle's USDC coin has seen exponential adoption in 2023. Animoca Brands has positioned itself as a leader in the NFT and blockchain gaming space.

Portfolio Pulse from Murtuza Merchant

October 25, 2023 | 2:28 pm

SPY

USA New Home Sales for the month of September increased by 12.3%, compared to a decrease of 8.2% in the previous month.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:17 pm