Streetbeat News

Assets

HOOD

An option alert has been issued for Robinhood Markets with Sep 15 $13 Calls at the Ask: 300 @ $1.15 vs 8334 open interest. The reference price is $12.785.

Portfolio Pulse from Charles Gross

July 24, 2023 | 2:59 pm

BABA

An option alert has been issued for Alibaba Group Holding (BABA) for Friday $100 calls. The sweep is near the ask with 489 @ $0.74 versus an open interest of 15053. The company's earnings are expected on 8/7 before the market opens. The reference price is $95.435.

Portfolio Pulse from Charles Gross

July 24, 2023 | 2:54 pm

XPEV

An option alert has been issued for XPeng (XPEV) for August 18 $17 calls. The sweep is near the ask with 1993 contracts at $0.914 versus an open interest of 1266. XPeng is expected to release its earnings on August 22 before the market opens. The reference price is $15.9.

Portfolio Pulse from Charles Gross

July 24, 2023 | 2:52 pm

AXP

American Express (NYSE:AXP) has outperformed the market over the past 15 years, producing an average annual return of 10.5%. If an investor had bought $1000 of AXP stock 15 years ago, it would be worth $4,742.44 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:30 pm

GWW

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 5 years by 7.84% on an annualized basis, producing an average annual return of 17.86%. If an investor had bought $100 of GWW stock 5 years ago, it would be worth $226.65 today. The company currently has a market capitalization of $38.72 billion.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:30 pm

BTCUSD

DOGEUSD

ETHUSD

SNXUSD

Bitcoin and Ethereum traded lower on Monday, with Bitcoin falling below the key $30,000 level and Ethereum trading below the $1,900 mark. Dogecoin emerged as the top gainer over the past 24 hours, while Synthetix was the biggest loser. The global crypto market cap fell to $1.19 trillion, recording a 24-hour decline of 0.4%.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 2:29 pm

QQQ

UUP

The Purchasing Managers’ Index (PMI) data released by S&P Global shows strong resilience in the US private sector's economic activity in July. The US Manufacturing PMI increased from 46.3 in June to 49 in July, while the US Services PMI fell from 54.4 in June to 52.4 in July. The US dollar reacted positively to the release, with the Invesco DB USD Index Bullish Fund ETF (UUP) up 0.2% for the day, while tech stocks, as tracked by the Invesco QQQ Trust (QQQ), shifted into negative territory. The Federal Reserve is expected to raise interest rates by 25 basis points this week.

Portfolio Pulse from Piero Cingari

July 24, 2023 | 2:15 pm

ATUS

Altice USA is reportedly considering a sale of Cheddar News, according to the New York Times. This move would be a significant shift in the company's strategy, which includes the News 12 networks.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 2:03 pm

COST

Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 15 years, producing an average annual return of 15.8%. If an investor had bought $100 of COST stock 15 years ago, it would be worth $924.56 today.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:01 pm

MELI

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years, producing an average annual return of 27.09%. If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $39,128.98 today. The company currently has a market capitalization of $61.08 billion.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:00 pm