Streetbeat News

Assets

LUXH

LuxUrban Hotels plans to focus on optimizing revenue management, improving cash flow, and enhancing its balance sheet in the second half of the year. These strategic initiatives aim to strengthen the company's liquidity.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:48 pm

ORCL

Oracle Corp has filed for an offering of $1.5 billion in 4.200% notes due in 2029. This move is likely aimed at raising capital for corporate purposes, which could include debt refinancing or funding strategic initiatives.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:44 pm

HPE

VOO

VST

VTI

Vanguard's S&P 500 ETF (VOO) and Total Stock Market ETF (VTI) hit all-time highs as the S&P 500 Index reached a record level. Vistra Corp. (VST) and Hewlett Packard Enterprise (HPE) were top gainers in the S&P 500, boosting related ETFs.

Portfolio Pulse from Michael Juliano

September 25, 2024 | 7:30 pm

BURL

Burlington Stores Inc. (NYSE:BURL) is trading at $276.00, with a 1.04% increase in the current session. Over the past year, the stock has risen by 104.89%. Its P/E ratio of 41.26 is higher than the Specialty Retail industry's average of 19.74, suggesting potential overvaluation.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 7:15 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading sideways with Bitcoin, Ethereum, and Dogecoin showing minimal price changes. BlackRock leads U.S. Spot Bitcoin ETF net inflows. Bitcoin's options expiry on Friday could lead to upside volatility. Notable developments include BNY Mellon's SEC exemption and Bitcoin whales selling significant amounts.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 7:08 pm

WYNN

The meme coin WYNN experienced a dramatic rise and fall, initially reaching an $85 million market cap due to social media buzz and indirect endorsement from Drake, but has since plummeted to $1.5 million. This highlights the volatility of meme coins and the impact of celebrity influence in the crypto market.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 7:03 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has seen significant bearish sentiment in options trading, with 42% of traders showing bearish tendencies. The stock is currently trading at $460.73, down by 0.62%. Analysts have mixed ratings, with price targets ranging from $438 to $1000.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 6:31 pm

BTCUSD

Standard Chartered's head of digital assets research predicts a potential boost in Bitcoin's price due to factors like the U.S. Federal Reserve's rate cut, positive derivatives market indicators, and supportive comments from Vice President Kamala Harris.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 5:37 pm

AFRM

COIN

CUBI

GPN

JPM

PYPL

SQ

USB

V

WFC

The article highlights significant options activity for several financial stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for PYPL, GPN, SQ, CUBI, V, JPM, COIN, and AFRM, while WFC and USB show bullish sentiment.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 5:35 pm

ETHUSD

SOLUSD

A MarketVector report suggests Solana (SOL) could reach $330, capturing 50% of Ethereum's market cap due to its superior performance metrics. Solana processes more transactions, has more daily active users, and offers cheaper transaction fees than Ethereum, indicating potential for significant market cap growth.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 5:10 pm