Streetbeat News

Assets

NKLA

An option alert has been issued for Nikola Corporation (NKLA) for October 20 $3 calls. The alert indicates a sweep of 809 contracts at $0.551, compared to an open interest of 13,547 contracts. The company is expected to release its earnings report on August 4 before the market opens.

Portfolio Pulse from Charles Gross

July 31, 2023 | 2:25 pm

BSVUSD

BTCUSD

CRVUSD

ETHUSD

Bitcoin (BTC) traded above $29,300, while Ethereum (ETH) traded below $1,900. Bitcoin SV (BSV) was the top gainer over the past 24 hours, while Curve DAO Token (CRV) was the biggest loser. The global crypto market cap fell to $1.18 trillion, a 24-hour decline of 0.2%.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 2:19 pm

XOM

A significant bearish stance has been taken on Exxon Mobil (NYSE:XOM) by a large investor or institution, as indicated by unusual options activity. The overall sentiment of these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $100.0 to $110.0 for Exxon Mobil over the last 3 months. The price of XOM is currently up 2.32% at $106.58.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:16 pm

BTGOF

DIS

GOOG

HEINY

HNHPF

JBHT

NVO

ON

PCRFY

TM

WMT

YELL

Several significant business events have occurred. Alphabet Inc's Google has had an investigation into alleged abuse of dominance closed by the Italian Competition Authority. Toyota Motor Corp is strengthening its local development of intelligence and electrification technology in China. J.B. Hunt Transport Services is buying 13 zero-emission trucks from Nikola Corp. BT Group PLC has appointed Allison Kirkby as CEO. Walt Disney Co has appointed former executives Kevin Mayer and Tom Staggs as advisors to CEO Bob Iger. Foxconn is expanding in India with a $195M investment. Novo Nordisk A/S's weight-loss drug Wegovy has hit the German market. Walmart Inc has bought out Tiger Global's stake in Flipkart for $1.4B. Yellow Corporation has ceased operations. Panasonic Holdings Corp and Heineken NV have released their earnings reports.

Portfolio Pulse from Vandana Singh

July 31, 2023 | 2:14 pm

INVZ

Innoviz Technologies (INVZ) has seen a significant option alert for August 18 $3 calls. A total of 300 contracts were traded near the ask price at $1.1, compared to an open interest of 37,846. The reference price was $3.93.

Portfolio Pulse from Charles Gross

July 31, 2023 | 2:09 pm

PDD

A significant bullish stance has been taken on PDD Holdings (NASDAQ:PDD) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. Benzinga's options scanner spotted 23 options trades for PDD Holdings, with a sentiment split between 56% bullish and 43% bearish. Whales have been targeting a price range from $80.0 to $140.0 for PDD Holdings over the last 3 months. The price of PDD is up 1.69% at $90.86.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:03 pm

DLTR

Over the past 20 years, Dollar Tree (NASDAQ:DLTR) has outperformed the market by 5.65% on an annualized basis, producing an average annual return of 13.66%. If an investor had bought $1000 of DLTR stock 20 years ago, it would be worth $12,623.08 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:00 pm

KR

Over the past 20 years, Kroger (NYSE:KR) has outperformed the market by 1.07% on an annualized basis, producing an average annual return of 9.08%. If an investor had bought $1000 of KR stock 20 years ago, it would be worth $5,714.79 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:00 pm

META

A significant investor has taken a bearish stance on Meta Platforms (NASDAQ:META), with 61% of recent trades being bearish. The targeted price range for Meta Platforms over the last 3 months is $5.0 to $350.0. The current price of META is down -0.5% at $323.85. Goldman Sachs, Tigress Financial, TD Cowen, Wells Fargo, and Mizuho have maintained or upgraded their ratings on Meta Platforms, with price targets ranging from $335 to $389.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:47 pm

CCHWF

CRLBF

Cresco Labs and Columbia Care have mutually agreed to terminate their merger agreement and the sale of certain assets to Sean 'Diddy' Combs. The decision was made in light of the evolving cannabis industry landscape and is believed to be in the long-term interest of Cresco Labs and its shareholders. No penalties or fees are associated with the termination of the transaction.

Portfolio Pulse from Vuk Zdinjak

July 31, 2023 | 1:47 pm