Streetbeat News

Assets

JD

A significant amount of unusual options activity has been observed for JD.com (NASDAQ:JD), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is from $32.5 to $61.26. The current price of JD.com is $38.81, down by 0.72%. Benchmark has maintained their Buy rating on JD.com with a price target of $73.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:15 pm

MNST

There has been a significant options activity on Monster Beverage Corporation (MNST) with a sweep of 1750 calls at $57.5 for August 18, compared to an open interest of 3578. The reference price is $56.59.

Portfolio Pulse from Charles Gross

August 07, 2023 | 5:01 pm

BTCUSD

FOX

FOXA

SPY

The article discusses the hypothetical return on investment if a viewer of 'The Simpsons' had invested in Bitcoin when it was first mentioned on the show in 2013. The article also mentions Fox Corp, the company that airs 'The Simpsons', and compares the Bitcoin investment to an investment in the SPDR S&P 500 ETF Trust.

Portfolio Pulse from Chris Katje

August 07, 2023 | 4:47 pm

MCD

A significant amount of unusual options activity has been observed for McDonald's (NYSE:MCD), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is from $240.0 to $310.0. The current price of MCD is up 1.25% at $290.61. Several financial institutions have maintained their positive ratings on McDonald's, with price targets ranging from $315 to $343.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 4:30 pm

BTCUSD

Esther Freeman, a pensioner who earned approximately $270,000 from Bitcoin investments, had her lawsuit against Bank Hapoalim dismissed after reaching an agreement. Freeman had sued the bank for refusing her deposit of the cryptocurrency profits. The bank had declined her deposit request, citing the inability to verify the money's origin and the inherent risks of digital currencies. The outcome of Freeman's attempt to deposit her earnings remains unclear.

Portfolio Pulse from Murtuza Merchant

August 07, 2023 | 4:28 pm

AAPL

AMZN

GOOGL

SPY

The article discusses the potential impact of the upcoming CPI and PPI data on the market, with a focus on several stocks and cryptocurrencies. The author mentions a bearish outlook for ES and NQ, while DXY is expected to see a bearish imbalance. The author also anticipates a bullish move for BTC. The stocks mentioned include SPY, AAPL, GOOGL, and AMZN, with the author suggesting potential retracements for these stocks following recent sell-offs.

Portfolio Pulse from Mando Trading

August 07, 2023 | 4:17 pm

BNBUSD

COIN

AI-driven risk management platform, Libertify, has introduced an AI audit feature for crypto wealth management. The feature allows crypto investors to assess and manage their portfolio risks and receive optimization suggestions. The AI audit is compatible with major digital wallets, including Coinbase Global Inc and Binance. Libertify plans to extend its AI risk management tool to the traditional stock market by Q3 2023.

Portfolio Pulse from Murtuza Merchant

August 07, 2023 | 4:09 pm

MDB

A significant bearish stance has been taken on MongoDB (NASDAQ:MDB) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 42% bullish and 57% bearish. Whales have been targeting a price range from $310.0 to $620.0 for MongoDB over the last 3 months. JMP Securities and Keybanc have maintained their Outperform and Overweight ratings on MongoDB, respectively, with price targets of $425 and $462.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 4:00 pm

AI

There has been a significant option alert for C3.ai with a sweep of 1000 calls at $75 for January 19, compared to an open interest of 16659. The company's earnings are expected to be announced after close on August 30. The reference price is $35.12.

Portfolio Pulse from Charles Gross

August 07, 2023 | 4:00 pm

AAPL

AMZN

The S&P 500 Index experienced significant volatility last week, largely due to earnings reports from Apple and Amazon, and mixed job market numbers. The use of leverage in trading, particularly options, has increased post-2008, affecting market price action. Market makers, who provide liquidity and ensure no major disruptions, play a crucial role in this. The article also discusses the impact of options key price levels on the S&P 500 Index and suggests a bearish outlook for the coming week.

Portfolio Pulse from Menthor Q Research

August 07, 2023 | 3:52 pm