Streetbeat News

Assets

DAL

A significant investor has taken a bullish stance on Delta Air Lines (NYSE:DAL), with 80% of recent trades being bullish and 20% bearish. The total amount for put options is $55,426 and for call options is $279,349. The targeted price range for Delta Air Lines over the last 3 months is from $30.0 to $43.0. The current price of DAL is down -0.65% at $39.2. Citigroup maintains their Buy rating on Delta Air Lines with a price target of $64.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 6:19 pm

DHI

A significant bearish stance has been taken on D.R. Horton (NYSE:DHI) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 28% bullish and 71% bearish. The whales have been targeting a price range from $105.0 to $125.0 for D.R. Horton over the last 3 months. Wedbush has downgraded its action to Neutral with a price target of $115, while Citigroup maintains their Buy rating with a price target of $140.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 6:19 pm

SPY

The Federal Open Market Committee (FOMC) has stated that it is prepared to adjust monetary policy if any risks emerge. The committee noted that economic activity has been expanding at a 'solid' pace, and while job gains have slowed, they remain strong.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:01 pm

SONY

Sony Group (NYSE:SONY) has outperformed the market over the past 10 years by 4.81% on an annualized basis, producing an average annual return of 14.9%. If an investor had bought $1000 of SONY stock 10 years ago, it would be worth $4,024.42 today.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 6:00 pm

ETHUSD

A total of 2,685.28 Ether (ETH) worth $4,375,991 was burned from Ethereum transactions on Tuesday. This follows the implementation of the Ethereum improvement proposal EIP-1159, which changes the fee model and burns a base fee from each transaction, reducing the supply of Ether. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether was -0.64% yesterday.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 6:00 pm

ETHUSD

Grayscale Investments has abandoned its rights to the post-Merge Proof-of-Work Ethereum (ETHPoW) tokens, citing lack of substantial liquidity and disapproval from the custodian of the products. This decision follows the Ethereum Merge event, which marked Ethereum's shift from a Proof-of-Work mechanism to a Proof-of-Stake system. Other crypto investment companies, such as ETC Group, have also faced challenges with EthereumPoW exchange-traded products.

Portfolio Pulse from Murtuza Merchant

September 20, 2023 | 5:45 pm

ABNB

AEO

CVNA

DASH

HAS

NIO

TCOM

TSLA

Benzinga's options activity scanner has identified significant trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), NIO Inc. (NIO), Goodyear Tire & Rubber Co (GT), Trip.com (TCOM), Carvana Co (CVNA), American Eagle Outfitters (AEO), Hasbro Inc. (HAS), Home Depot Inc (HD), Airbnb Inc (ABNB), and DoorDash Inc (DASH). The options activity ranges from bullish to bearish sentiment, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:35 pm

AMC

CNK

DIS

GETY

GOOGL

META

NFLX

PINS

RBLX

Benzinga's options activity scanner has identified significant options activity in 10 communication services stocks. The stocks include Alphabet Inc. (GOOGL), Pinterest Inc. (PINS), AMC Entertainment Holdings Inc. (AMC), Meta Platforms Inc. (META), Roblox Corporation (RBLX), The Walt Disney Company (DIS), Cinemark Holdings Inc. (CNK), Netflix Inc. (NFLX), AT&T Inc. (T), and Getty Realty Corp. (GETY). The options activity includes both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:35 pm

AAPL

ASML

CSCO

DDOG

ENPH

INTC

NET

NVDA

ORCL

Benzinga's options activity scanner has identified unusual trading activity in 10 information technology stocks. The stocks include Apple (AAPL), Nvidia (NVDA), Cisco Systems (CSCO), Oracle (ORCL), Intel (INTC), Datadog (DDOG), Cloudflare (NET), C3.ai (AI), Enphase Energy (ENPH), and ASML Holding (ASML). The scanner tracks large transactions, often made by entities with significant funds, which could potentially influence the market estimation of an option.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:35 pm

PFE

A whale investor has taken a bullish stance on Pfizer (NYSE:PFE), with 80% of the investors opening trades with bullish expectations and 20% with bearish. The whale has been targeting a price range from $30.0 to $35.0 for Pfizer over the last 3 months. The price of PFE is currently down -0.96% at $33.66. Cantor Fitzgerald and Truist Securities have downgraded their actions to Overweight and Buy respectively, with price targets of $75 and $62.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 5:17 pm