Streetbeat News

Assets

GS

A significant number of bullish trades have been observed in Goldman Sachs Group (NYSE:GS) options, with whales targeting a price range of $300 to $400 over the last three months. The mean open interest for Goldman Sachs options trades today is 1020.75 with a total volume of 1,509.00. Analysts from JP Morgan, Odeon Capital, JMP Securities, RBC Capital, and Morgan Stanley have provided various ratings and price targets for the company.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:46 pm

SNAP

A significant number of Snap Inc. (SNAP) call options for August 18 with a strike price of $14 were purchased near the ask price. The volume of these options was 723, compared to an open interest of 78,108. The reference price for SNAP was $12.54.

Portfolio Pulse from Charles Gross

July 25, 2023 | 2:35 pm

AAPL

SPKY

UVXY

Apple Inc. (AAPL) opened slightly higher as the Federal Reserve's two-day meeting begins, with a decision on interest rates expected on Wednesday. Trading volume is expected to diminish ahead of the decision but surge afterwards. Movements in Apple's stock, the largest holding within the S&P 500, can significantly impact the index. The ConvexityShares Daily 1.5x SPIKES Futures ETF (SPKY) and the ProShares Ultra VIX Short Term Futures ETF (UVXY) are options for traders wishing to trade the potential volatility.

Portfolio Pulse from Melanie Schaffer

July 25, 2023 | 2:31 pm

ANET

Arista Networks (NYSE:ANET) has outperformed the market over the past 5 years by 11.97% on an annualized basis, producing an average annual return of 22.17%. If an investor had bought $1000 of ANET stock 5 years ago, it would be worth $2,586.39 today.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:30 pm

UNH

UnitedHealth Group (NYSE:UNH) has outperformed the market over the past 10 years by 11.13% on an annualized basis, producing an average annual return of 21.56%. If an investor had bought $100 of UNH stock 10 years ago, it would be worth $699.64 today.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:30 pm

STBA

S&T Bancorp, Inc. (NASDAQ:STBA) has announced that Michael Golden will join the company as executive vice president and chief operating officer, effective July 24, 2023. Golden, who has spent most of his 26-year career in the banking industry, will oversee the functional activities in support of the Bank's strategic objectives. He previously served as head of digital and business technology at PNC Bank.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:29 pm

FXI

China's securities regulator has announced plans to promptly promote the implementation of new types of public real estate investment trust (REIT) projects, such as consumer infrastructure.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:19 pm

UBER

An option alert has been issued for Uber Technologies, with October 20 $52.5 calls sweep near the ask price. The volume of this option is 148 at $2.03, compared to the open interest of 3914. The reference price is $47.47.

Portfolio Pulse from Charles Gross

July 25, 2023 | 2:12 pm

TSM

Taiwan Semiconductor (TSM) plans to invest $2.9 billion in a chip packaging plant in Taiwan, according to a recent report. This has led to an increase in the company's share price.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 2:05 pm

CVX

A significant investor has taken a bearish stance on Chevron (NYSE:CVX), with 90% of recent trades being bearish. The trades have targeted a price range of $155.0 to $170.0 for Chevron over the last 3 months. The current price of CVX is down -0.43% at $161.13. Analysts from Mizuho, UBS, Morgan Stanley, Citigroup, and Raymond James have maintained their ratings on Chevron, with price targets ranging from $170 to $205.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:04 pm