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The Singapore Red Cross has started accepting cryptocurrency donations, including Bitcoin, Ether, Tether, and USD Coin. The charity has partnered with Triple-A, a cryptocurrency payment gateway, to facilitate these donations. The donations will be converted into traditional currency and transferred to the organization's bank account within a day.

Portfolio Pulse from Murtuza Merchant

August 07, 2023 | 2:03 pm

AVGO

A significant bullish stance on Broadcom (NASDAQ:AVGO) has been observed through unusual options activity. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $610.0 to $1000.0 for Broadcom over the last 3 months. The price of AVGO is up 0.82% at $888.9, with RSI indicators suggesting the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 2:01 pm

SPY

The CB Employment Trends Index for July was reported at 115.45, slightly above the estimated 115.31 and significantly higher than the previous month's 114.31.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 2:01 pm

AMZN

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 10 years, producing an average annual return of 25.28%. If an investor had bought $100 of AMZN stock 10 years ago, it would be worth $943.41 today.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 2:00 pm

SHW

Sherwin-Williams Company experienced an explosion and subsequent fire at its Garland, TX Shiloh Plant on Monday, August 7. As a result, production at the site has been suspended.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 1:49 pm

SHOP

Unusual options activity has been observed for Shopify (NYSE:SHOP), with 13 options trades spotted, split between 53% bullish and 46% bearish. The options indicate a targeted price range of $60.0 to $70.0 for Shopify over the last 3 months. Analysts' ratings vary, with JMP Securities and RBC Capital maintaining an 'Outperform' rating, Evercore ISI Group downgrading to 'In-Line', and Credit Suisse maintaining a 'Neutral' rating. MoffettNathanson upgraded its action to 'Outperform'.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 1:47 pm

BCHUSD

BTCUSD

ETHUSD

SHIBUSD

Bitcoin and Ethereum edged higher, trading above $29,000 and $1,800 respectively. Bitcoin Cash was the top gainer over the past 24 hours, while Shiba Inu was the biggest loser. The global crypto market cap fell to $1.16 trillion, recording a 24-hour decline of 0.1%.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 1:37 pm

MANU

An option alert has been issued for Manchester United (MANU) for Sep 15 $25 calls. The sweep is near the ask with 170 @ $1.5 versus an open interest of 3327. The company's earnings are expected to be announced on 9/21 before the market opens. The reference price is $22.3273.

Portfolio Pulse from Charles Gross

August 07, 2023 | 1:35 pm

BK

The short percent of float for Bank of New York Mellon (NYSE:BK) has decreased by 8.54% since its last report, with 5.83 million shares sold short, representing 0.75% of all regular shares available for trading. It would take traders 1.21 days on average to cover their short positions. The company's short interest is less than the average of its peer group, which stands at 3.14%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 1:30 pm

LEU

Centrus Energy's CFO, Philip O. Strawbridge, has announced his retirement effective December 31. The board has appointed Kevin Harrill as his successor, effective August 31.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 1:28 pm