Streetbeat News

Assets

INTC

NVDA

NVIDIA's AI GPUs in China are selling at high prices, reaching up to 500,000 yuan/ US $69,000, due to a surge in demand from companies like Alibaba and ByteDance. NVIDIA's monopoly in the AI GPU market has allowed it to set high prices, but the emergence of new competitors like Intel could potentially disrupt this.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 5:56 pm

AMD

MSFT

NVDA

Microsoft Corp's stock is trading higher as it emphasized the importance of GPUs for its growing cloud business and AI capabilities. The company's annual report mentioned GPUs as a risk factor for potential outages. The demand for GPUs has surged among top tech companies, benefiting Nvidia Corp and Advanced Micro Devices. Microsoft has started looking beyond its data centers and signed an agreement with CoreWeave, a cloud service that rents out GPUs to third-party developers.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 5:37 pm

ABT

APLS

BMY

BSX

DHR

JNJ

MCK

MDT

RXRX

ZTS

Benzinga's options activity scanner has identified significant options activity in 10 healthcare stocks. The stocks include Boston Scientific (BSX), Recursion Pharmaceuticals (RXRX), Apellis Pharmaceuticals (APLS), Medtronic (MDT), Bristol-Myers Squibb (BMY), Danaher (DHR), Zoetis (ZTS), Abbott Laboratories (ABT), McKesson (MCK), and Johnson & Johnson (JNJ). The options activity ranges from bearish to bullish sentiment, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:35 pm

CVNA

DASH

FTCH

LEVI

NIO

RCL

TSLA

XPEV

Benzinga's options activity scanner has identified unusual options activity in the Consumer Discretionary sector. The stocks involved are Tesla (TSLA), Carvana (CVNA), NIO Inc. (NIO), Ford (F), XPeng (XPEV), Li Auto (LI), Levi Strauss (LEVI), Farfetch (FTCH), Royal Caribbean Cruises (RCL), and DoorDash (DASH). The options activity ranges from bearish to bullish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:35 pm

AAPL

CRM

CRWD

ENPH

INTC

MIR

NVDA

QCOM

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks mentioned are NVDA, AAPL, ENPH, MIR, INTC, ON, CRWD, CRM, IT, and QCOM. The article provides details on the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock. The article also provides a detailed explanation of each stock's options activity.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:35 pm

PNC

PNC Financial Services Group's (NYSE:PNC) short percent of float has risen 4.14% since its last report, with 6.98 million shares sold short, which is 1.76% of all regular shares available for trading. It would take traders 3.25 days to cover their short positions on average. The company's short interest is higher than most of its peers, with an average of 0.95%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:30 pm

WBD

Warner Bros. Discovery's (NYSE:WBD) short percent of float has fallen 9.02% since its last report, with 84.99 million shares sold short, which is 3.53% of all regular shares available for trading. It would take traders 5.42 days to cover their short positions on average. The company's short interest is less than its peer group average of 10.55%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:30 pm

APH

Amphenol (NYSE:APH) has outperformed the market over the past 10 years by 5.64% on an annualized basis, producing an average annual return of 15.99%. If an investor had bought $100 of APH stock 10 years ago, it would be worth $447.96 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:30 pm

DFS

Discover Finl (NYSE:DFS) has outperformed the market over the past 15 years, producing an average annual return of 14.11%. If an investor had bought $100 of DFS stock 15 years ago, it would be worth $701.07 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:30 pm

QQQ

Global markets experienced increased volatility following a report that the Bank of Japan (BoJ) was ready to tweak its yield curve control (YCC) policy. This led to a rally in the Japanese yen against the U.S. dollar, increased global bond yields, and a decline in global stock markets. The S&P 500, Dow Jones Industrial Average, and the Invesco QQQ Trust (NYSE:QQQ) all fell. However, the BoJ decided to retain its benchmark short-term interest rate and 10-year bond yields, leading to a reversal in market fluctuations.

Portfolio Pulse from Piero Cingari

July 28, 2023 | 5:26 pm