Streetbeat News

Assets

HLN

Haleon's (NYSE:HLN) short percent of float has risen 14.29% since its last report, with 22.13 million shares sold short. This represents 0.48% of all regular shares available for trading. It would take traders 10.65 days to cover their short positions on average. The company's short interest is less than its peer group average of 8.29%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:45 pm

SPGI

S&P Global's (NYSE:SPGI) short percent of float has risen 4.42% since its last report, with 3.75 million shares sold short, which is 1.18% of all regular shares available for trading. It would take traders 3.35 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.84%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:45 pm

AXON

DDD

ETN

FTV

GTLS

TGI

UAL

UNP

The article reports on the options activity of 10 industrial stocks in today's session. The stocks include DM, DDD, FTV, UAL, UNP, BA, TGI, ETN, AXON, and GTLS. The options activity includes both call and put options with varying sentiments, expiration dates, and strike prices.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:35 pm

AAPL

ADI

AMD

NVDA

PLTR

SMCI

SPLK

TSM

Benzinga's options activity scanner has identified unusual trading activity in 10 information technology stocks. The stocks include NVDA, AAPL, AMD, PLTR, TSM, SMCI, SPLK, MU, AI, and ADI. The scanner tracks large transactions, often made by entities with significant funds, which could indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:35 pm

AMAT

Applied Mat (NASDAQ:AMAT) has outperformed the market over the past 10 years by 15.28% on an annualized basis, producing an average annual return of 25.9%. If an investor had bought $100 of AMAT stock 10 years ago, it would be worth $1,000.83 today.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:30 pm

MPC

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years, producing an average annual return of 14.6%. If an investor had bought $100 of MPC stock 10 years ago, it would be worth $390.58 today.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:30 pm

AAAU

DIS

GDX

GLD

GLDM

IAU

DataTrek co-founder Nick Colas suggests that gold is a better investment than stocks and bonds, despite underperforming the S&P 500. He argues that demand for gold from central banks and potential geopolitical tensions could drive gold prices higher. He recommends five gold ETFs for investors who want to go long on gold: SPDR Gold Trust (GLD), SPDR Gold MiniShares Trust (GLDM), iShares Gold Trust (IAU), VanEck Gold Miners ETF (GDX), and Goldman Sachs Physical Gold ETF (AAAU).

Portfolio Pulse from Aaron Bry

August 30, 2023 | 5:18 pm

SPKY

SPY

UVXY

The SPDR S&P 500 (NYSE:SPY) rose over 0.5% after the Bureau of Economic Analysis revised U.S. GDP to 2.1% in Q2, indicating softer economic growth. This suggests the Federal Reserve's monetary tightening policy is working, sparking hope that interest rates may remain steady. The SPY's rise broke a rising channel pattern, common in bull cycles, but a retracement is likely. The ConvexityShares Daily 1.5x SPIKES Futures ETF (NYSE:SPKY) and ProShares Ultra VIX Short Term Futures ETF (NYSE:UVXY) are options for traders seeking to trade potential volatility.

Portfolio Pulse from Melanie Schaffer

August 30, 2023 | 5:12 pm

LRCX

A significant investor has taken a bearish stance on Lam Research (NASDAQ:LRCX), with 70% of recent trades being bearish and 30% bullish. The trades have targeted a price range of $550.0 to $700.0 for Lam Research over the last 3 months. The current price of LRCX is $681.05, down 0.53%. Stifel has maintained their Buy rating on Lam Research with a price target of $750.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:01 pm

DAL

Delta Air Lines (DAL) recently faced an incident where one of its flights experienced severe turbulence, leading to several injuries. The FAA has announced plans to investigate the incident. The airline industry was also impacted by a network-wide failure for air traffic control systems in the U.K., leading to the cancellation of 232 flights departing the U.K. and 271 flights arriving in the U.K. DAL shares are trading lower by 0.67% at $43.48.

Portfolio Pulse from Anusuya Lahiri

August 30, 2023 | 4:58 pm