Streetbeat News

Assets

AXP

BAC

COF

FUTU

RKT

SCHW

SOFI

The article highlights unusual options activity for several financial stocks, indicating potential trading opportunities. Notable mentions include bullish call sweeps for SOFI, BX, and AXP, and bearish put trades for COF, MA, and RKT.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 5:35 pm

AAPL

CSCO

INTC

MSFT

MSTR

NVDA

ORCL

TSM

WULF

The article highlights unusual options activity in the Information Technology sector, focusing on whale alerts for several stocks. Notable mentions include NVDA, AAPL, CSCO, WULF, INTC, ORCL, MSTR, TSM, U, and MSFT, with varying bullish and bearish sentiments.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 5:35 pm

PCG

PG&E has been awarded $34.5 million in federal grants to support 19 hydroelectric projects. This funding is expected to enhance PG&E's renewable energy capabilities and infrastructure.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:16 pm

FANG

KNTK

Diamondback Energy and Kinetik Holdings have increased their stakes in EPIC Crude Holdings, each acquiring a 27.5% equity interest. This strategic move involves long-term volume commitments and aims to enhance financial returns and reduce costs. Diamondback is also increasing its crude commitment following its merger with Endeavor Energy Resources.

Portfolio Pulse from Lekha Gupta

September 24, 2024 | 4:58 pm

BTCUSD

Bitwise CIO Matt Hougan reports a significant increase in personal crypto investments among top financial advisors, with 70% indicating ownership of Bitcoin or other crypto assets. However, professional allocations remain low, suggesting potential future growth in client portfolios.

Portfolio Pulse from Murtuza Merchant

September 24, 2024 | 4:24 pm

SNOW

Snowflake Inc. plans to offer $2 billion in convertible notes, leveraging its strong financial position with $3.9 billion in cash and no debt. Analyst Blair Abernethy maintains a Buy rating with a $180 price target, viewing the move as a net positive for Snowflake's strategic growth.

Portfolio Pulse from Anusuya Lahiri

September 24, 2024 | 4:13 pm

PLTR

Investors are showing a mixed sentiment towards Palantir Technologies (NYSE:PLTR) with significant options trading activity. The options trades are split between 41% bullish and 29% bearish, focusing on a price range of $30 to $55. The stock is currently down by 3.11% at $36.77, and RSI suggests it may be overbought.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 3:16 pm

TVGN

Tevogen Bio, a biotech company listed on NASDAQ, is making strides in developing T cell therapeutics for infectious diseases and cancers. The company recently met with Congress to discuss its ExacTcell technology as a solution for Long COVID. Tevogen Bio has achieved significant milestones, including positive clinical trial results for its lead product, TVGN 489, and a robust intellectual property portfolio. The company is now publicly traded and included in the Russell 3000 Index.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 3:13 pm

MPWR

The article provides an in-depth analysis of Monolithic Power Systems (MPWR) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. It highlights MPWR's high valuation ratios, strong revenue growth, and low debt-to-equity ratio, but also notes concerns about its operational efficiency and profitability.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 3:00 pm

INTC

The article provides an in-depth analysis of Intel (NASDAQ:INTC) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. Intel's high P/E ratio suggests potential overvaluation, while its low P/B and P/S ratios indicate possible undervaluation. However, Intel lags behind in ROE, EBITDA, gross profit, and revenue growth, reflecting weaker financial performance and growth prospects. Despite this, Intel's lower debt-to-equity ratio suggests a stronger financial position compared to its top peers.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 3:00 pm