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Assets

SPY

USA Factory Orders for June increased by 2.3%, beating the estimated 2.2% and significantly higher than the prior 0.4%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:42 pm

HBARUSD

Hedera's (CRYPTO: HBAR) price has increased 3.78% over the past 24 hours to $0.05. Over the past week, HBAR has experienced an uptick of over 3.0%. The coin's all-time high is $0.57. Hedera's trading volume has climbed 10.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.22%. The current market cap ranking for HBAR is #33 at $1.74 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:40 pm

LINKUSD

Chainlink's (CRYPTO: LINK) price has fallen 3.14% to $7.31 in the past 24 hours, continuing its negative trend over the past week with a 10.0% loss. The trading volume for the coin has tumbled 33.0% over the past week along with the circulating supply of the coin, which has fallen 0.38%. The current market cap ranking for LINK is #22 at $3.93 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:39 pm

LEVI

A significant number of call options for Levi Strauss (LEVI) with a strike price of $15, expiring on September 15, were purchased near the ask price. The volume of these options was 678, compared to an open interest of 1723. The reference price for LEVI was $14.84.

Portfolio Pulse from Charles Gross

August 04, 2023 | 1:39 pm

SPY

UNG

The USA Natural Gas Storage reported a 14B figure, which is lower than the estimated 17B and the prior figure of 16B.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:39 pm

SPY

The S&P Global US Services PMI for July was reported at 52.3, slightly below the estimated 52.4 and significantly lower than the prior figure of 54.4.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:36 pm

DIS

A significant bearish stance has been taken on Walt Disney (NYSE:DIS) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $70.0 to $125.0 for Walt Disney over the last 3 months. Several financial institutions have maintained their positive ratings on Disney, with price targets ranging from $105 to $147, while Atlantic Equities downgraded its action to Underweight with a price target of $76.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:36 pm

BTCUSD

MSTR

MicroStrategy Inc (NASDAQ:MSTR) purchased an additional 12,800 Bitcoin (CRYPTO: BTC) in Q2 for $361.4 million, bringing its total Bitcoin holdings to 152,800. Executive chairman Michael Saylor believes that investing in MicroStrategy is the best way to gain exposure to Bitcoin, as the company's operations provide diversification against Bitcoin's volatility and allow it to borrow money at low rates. Despite a recent dip in MicroStrategy's share price, Saylor does not see the potential approval of a Bitcoin ETF as a threat to the company.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 1:34 pm

SPY

The S&P Global Composite PMI for July came in at 52, matching estimates but lower than the prior figure of 53.2.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:32 pm

SNDR

Schneider National has reiterated its forecast for new capital expenditures in FY23 to be between $520M and $575M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:32 pm