Streetbeat News

Assets

INTC

A significant investor has taken a bearish stance on Intel (NASDAQ:INTC), with 75% of recent trades reflecting bearish expectations. The trades include 2 puts worth $77,800 and 10 calls worth $656,084. The targeted price range for Intel over the last 3 months has been $27.5 to $45.0. The current price of INTC is down -0.71% at $34.77. Analysts' ratings vary, with Wolfe Research maintaining an Underperform rating and a price target of $31, while Tigress Financial has downgraded its action to Buy with a price target of $46.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 3:16 pm

NGL

Tennessee Representative Mark Green has purchased between $250,001 and $500,000 worth of NGL Energy Partners (NYSE:NGL) stock, according to a Periodic Transaction Report. The transaction was made on August 8, 2023. NGL Energy Partners shares are currently trading up 4.57% at $4.52. Congressional transactions can be an important factor for investors to consider, although they should not be the primary basis for an investing decision.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 3:05 pm

V

Visa (NYSE:V) has outperformed the market over the past 15 years, producing an average annual return of 18.49%. If an investor had bought $100 of V stock 15 years ago, it would be worth $1,305.53 today. The company currently has a market capitalization of $501.87 billion.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 3:00 pm

FCX

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years, producing an average annual return of 23.93%. An investment of $1000 in FCX 5 years ago would be worth $2,898.46 today. The company currently has a market capitalization of $61.98 billion.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 3:00 pm

LINKUSD

Chainlink's (CRYPTO: LINK) price has risen 6.3% to $7.8 in the past 24 hours, continuing its positive trend over the past week with a 2.0% gain. The trading volume for the coin has increased 39.0% over the past week while the overall circulating supply of the coin has increased 0.13% to over 538.10 million. The current market cap ranking for LINK is #21 at $4.21 billion.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 3:00 pm

LNG

A significant bullish stance has been taken on Cheniere Energy (AMEX:LNG) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 66% bullish and 33% bearish. Whales have been targeting a price range from $150.0 to $190.0 for Cheniere Energy over the last 3 months. The price of LNG is up 4.38% at $170.33, with RSI indicators suggesting the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 2:47 pm

VLO

Unusual options activity has been observed for Valero Energy (NYSE:VLO), with a large position indicating a bullish stance. The sentiment among these big-money traders is 70% bullish and 30% bearish. The options trades target a price range from $80.0 to $145.0 for Valero Energy over the last 3 months. Wells Fargo, Morgan Stanley, Tudor Pickering, and Barclays have maintained their ratings on Valero Energy with price targets of $135, $160, $145, and $142 respectively.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 2:32 pm

BYND

There has been a significant options activity on Beyond Meat (BYND) with a sweep of 500 calls at $27 for April 19, priced at $0.8 each. This is compared to an open interest of 28. The reference price is $13.0799.

Portfolio Pulse from Charles Gross

August 09, 2023 | 2:31 pm

SPY

UNG

USO

USA gasoline inventories have seen a draw of 2.661M, compared to an estimated draw of 0.008M and a prior build of 1.480M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:30 pm

PWR

Quanta Services (NYSE:PWR) has outperformed the market over the past 20 years, producing an average annual return of 17.93%. If an investor had bought $100 of PWR stock 20 years ago, it would be worth $2,941.74 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 2:30 pm