Streetbeat News

Assets

XRPUSD

XRP's price has increased by 3.86% over the past 24 hours to $0.64, despite a 9.0% loss over the past week. The trading volume for the coin has decreased by 21.0% over the past week, while the circulating supply has risen by 0.06%. The current market cap ranking for XRP is #5 at $33.58 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 7:00 pm

BLK

BRPHF

PYPL

Galaxy Digital Holdings CEO, Mike Novogratz, predicts that the approval of Bitcoin ETFs by the SEC is imminent, possibly within the next 4-6 months. He cites insights from BlackRock and Invesco, and highlights recent developments such as BlackRock's filing for an ETF and the positive stance of its CEO towards Bitcoin. Novogratz also mentions the potential of AI and the resilience of the crypto community. He notes the importance of stablecoins and their potential to disrupt traditional banking systems, citing PayPal's recent move to issue a stablecoin.

Portfolio Pulse from Murtuza Merchant

August 08, 2023 | 7:00 pm

NOW

ServiceNow (NYSE:NOW) has seen unusual options activity, with a majority of investors taking a bearish stance. The trades include 9 puts for a total of $402,685 and 6 calls for a total of $212,824. Whales have been targeting a price range from $450.0 to $610.0 for ServiceNow over the last 3 months. The current price of NOW is down -0.81% at $550.42. Several experts have downgraded their ratings but maintained high price targets.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 6:30 pm

ETHUSD

On Monday, 4,972.36 Ether (ETH) worth $9,208,865 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -5.14%.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 6:00 pm

John Rogers, a Goldman Sachs executive known as the 'CEO Whisperer', is stepping down after nearly 30 years at the firm. He will be succeeded by Russell Horwitz, a former Goldman executive. Rogers will retain other positions at Goldman, including executive vice president, secretary to the board, and leader of its philanthropic efforts. Goldman's stock traded lower on Tuesday amid overall weakness in financial stocks.

Portfolio Pulse from Aaron Bry

August 08, 2023 | 5:49 pm

IDXX

IDEXX Laboratories's (NYSE:IDXX) short percent of float has risen 8.06% since its last report, with 2.47 million shares sold short, which is 3.35% of all regular shares available for trading. It would take traders 5.2 days to cover their short positions on average. The company has more short interest than most of its peers, with an average of 3.17%.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:45 pm

BROS

CHWY

NIO

RIVN

TSLA

Benzinga's options activity scanner has identified unusual options activity in the Consumer Discretionary sector. The stocks involved are Tesla (TSLA), Goodyear Tire & Rubber (GT), WW International (WW), Ford (F), Target Hospitality (TH), NIO (NIO), Dutch Bros (BROS), Chewy (CHWY), Home Depot (HD), and Rivian (RIVN). The activity includes both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:35 pm

DXCM

JAZZ

JNJ

LLY

MRNA

NVO

PFE

RETA

VEEV

VKTX

Benzinga's options activity scanner has identified significant trading activity in the options of 10 healthcare stocks. The stocks include Johnson & Johnson (JNJ), DexCom (DXCM), Moderna (MRNA), Eli Lilly and Company (LLY), Viking Therapeutics (VKTX), Jazz Pharmaceuticals (JAZZ), Novo Nordisk (NVO), Pfizer (PFE), Veeva Systems (VEEV), and Reata Pharmaceuticals (RETA). The options activity ranges from bullish to bearish sentiment, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:35 pm

AAPL

AMD

DELL

MARA

MSFT

NVDA

RIOT

SMCI

TDC

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks include NVDA, AMD, MSFT, TDC, DELL, SMCI, RIOT, MARA, AAPL, and MU. The options activity is categorized as either bearish, bullish, or neutral based on the type of trade and sentiment. The article provides detailed information about each trade, including the type of option (put or call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:35 pm

HYMTF

LCID

TSLA

WKSP

Tesla Inc (TSLA) lost its CFO, Zachary Kirkhorn, who will be replaced by accounting chief Vaibhav Taneja. Lucid Group Inc (LCID) reported lower-than-expected revenue due to disappointing EV deliveries, but its shares climbed 4.5% in after-hours trading. Worksport Ltd (WKSP) introduced its Power Electronics team responsible for the company's renewable energy design research and development. A customized version of Worksport’s SOLIS tonneau cover and COR remote battery will be included in the Hyundai Motor Company (HYMTF) Santa Cruz pickup.

Portfolio Pulse from Upwallstreet

August 08, 2023 | 5:26 pm