Streetbeat News

Assets

USO

Crude oil inventories have seen a draw of 17.05 million barrels, significantly higher than the estimated draw of 1.367 million barrels.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:28 am

SPY

UNG

USO

The Energy Information Administration (EIA) reported a draw of 0.796 million barrels in weekly distillates stocks, compared to an estimated build of 0.112 million barrels and a prior draw of 0.245 million barrels.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:28 am

SPY

UNG

USA gasoline inventories have seen a build of 1.48 million, compared to an estimated draw of 1.3 million and a prior draw of 0.786 million.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:28 am

ON

A significant bearish stance has been taken on ON Semiconductor (NASDAQ:ON) as indicated by unusual options activity. The sentiment among big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $90.0 to $120.0 for ON Semiconductor over the last 3 months. The price of ON is currently down -2.4% at $105.5.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:26 am

TGT

A significant amount of unusual options activity has been detected for Target Corporation (NYSE:TGT), with a majority of investors taking a bearish stance. Of the 10 strange trades detected, 70% were bearish and 30% bullish. The total amount for puts was $281,616 and for calls was $219,672. Whales have been targeting a price range from $120.0 to $150.0 for Target over the last 3 months. The current price of TGT is $133.11, up 0.09%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:26 am

DAL

Delta Air Lines (NYSE:DAL) has outperformed the market over the past 15 years, producing an average annual return of 11.48%. If an investor had bought $100 of DAL stock 15 years ago, it would be worth $513.86 today. The company currently has a market capitalization of $28.86 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:23 am

ECL

Ecolab (NYSE:ECL) has outperformed the market over the past 15 years by 1.22% on an annualized basis, producing an average annual return of 10.07%. If an investor had bought $100 of ECL stock 15 years ago, it would be worth $414.23 today.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:23 am

CNPOF

RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) and Etain, LLC have received approval from the New York State Office of Cannabis Management for an additional cultivation and manufacturing facility and a second facility for office space in Buffalo, New York. The new facility, expected to be operational by Q3 2024, will nearly double Etain's New York canopy footprint. RIV Capital's development partner has committed approximately $25.5 million to the development of the facility, and the company has committed $4.5 million.

Portfolio Pulse from Vuk Zdinjak

August 04, 2023 | 11:21 am

BTCUSD

CRVUSD

ETHUSD

Bitcoin (BTC) traded higher, surpassing the $29,000 mark, while Ethereum (ETH) also increased but remained below $1,900. XDC Network (XDC) was the top gainer over the past 24 hours, while Curve DAO Token (CRV) was the biggest loser. The global crypto market cap rose to $1.18 trillion, a 24-hour gain of 1.5%.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 11:20 am

IDAI

Trust Stamp (NASDAQ:IDAI) has been granted a patent for its privacy-secured biometric identification and verification system by the United States Patent Office. This is the sixteenth patent issued to the company, with fifteen more applications pending. The company also reported a 31% increase in its financial services customer base in the last six months.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:19 am