Streetbeat News

Assets

F

Recent options trading trends in Ford Motor (NYSE:F) show a mix of bullish and bearish sentiment among big-money investors. Benzinga's options scanner detected 9 unusual trades, with a split of 44% bullish and 44% bearish sentiment. The trades suggest a targeted price range of $7.82 to $14.17 for Ford over the next few months. Ford's stock is currently priced at $10.92, up 2.29%, with neutral RSI indicators.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:33 pm

BTCUSD

ETHUSD

USDC

Bitcoin is predicted to reach $70,000 due to stablecoin minting, Chinese stimulus, and increased altcoin activity. 10x Research highlights factors like stablecoin inflows, altcoin gains, and Chinese economic plans as key drivers.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 4:02 pm

ARKB

ETHA

ETHE

FETH

IBIT

Bitcoin surged past $66,000, driven by strong inflows into Bitcoin ETFs, with Ark Invest and BlackRock leading the charge. Ethereum saw minor outflows, but inflows into Fidelity and BlackRock's Ethereum ETFs provided some balance. The crypto market is buoyed by positive economic indicators.

Portfolio Pulse from Murtuza Merchant

September 27, 2024 | 3:42 pm

SAVA

Cassava Sciences (NASDAQ:SAVA) has seen unusual options activity, with a significant amount of bearish sentiment from large investors. The options trades include 11 puts and 4 calls, indicating a potential price movement between $10 and $60. The stock is currently down 13.12% at $27.69.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 3:17 pm

VALE

Vale has clarified that its subsidiary, Vale Base Metals Ltd., is focused on executing its asset review plan and that a potential IPO for Vale Base Metals is not currently being considered.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:39 pm

FMCX

KKR

LBO

KKR & Co. Inc. shares are trading lower premarket after partnering with BBVA to advance decarbonization efforts. BBVA committed $200 million to KKR's Global Climate Strategy. KKR also announced the sale of GeoStabilization International and a stake acquisition in Queensland Airports Limited.

Portfolio Pulse from Lekha Gupta

September 27, 2024 | 1:07 pm

ADD

Color Star Technology Co., Ltd. (NASDAQ:ADD) has announced the pricing of an initial $7 million tranche of up to $33 million in registered senior secured convertible notes. The notes, with a 6% interest rate and a 12-month maturity, are convertible into Class A Ordinary Shares at a price of $1.60 or the Alternative Conversion Price. The first closing is expected around September 30, 2024, and includes warrants for 2.9 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:03 pm

HLNE

Hamilton Lane has expanded its operations in Hong Kong by establishing its first Hong Kong Limited Partnership Fund. The company aims to leverage Hong Kong's favorable tax regime and strategic location to strengthen its regional presence.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:59 pm

EYEN

Eyenovia, Inc. has announced a $4 million registered direct offering involving the sale of 8,695,653 shares and warrants at $0.46 per share. The proceeds will fund commercialization, clinical studies, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:33 pm

COHR

Coherent has announced the sale of its UK manufacturing facility, though the financial terms of the deal have not been disclosed. This move could impact Coherent's operational strategy and financials.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:33 pm