Streetbeat News

Assets

SIRI

Sirius XM Holdings has seen a significant option alert for March 15 $9 calls. A total of 743 calls were made at the ask price of $0.65, with no open interest. The reference price was $7.2.

Portfolio Pulse from Charles Gross

July 20, 2023 | 7:40 pm

MS

Morgan Stanley (NYSE:MS) has outperformed the market over the past 10 years, producing an average annual return of 12.97%. If an investor had bought $1000 of MS stock 10 years ago, it would be worth $3,376.84 today.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:30 pm

CGC

Oversupply issues have negatively impacted the cannabis market in Canada, with Canopy Growth (NASDAQ:CGC) losing billions due to oversupply and overspending. The same issue is occurring in the U.S., with large Multi-State Operators (MSOs) installing excess capacity in new state markets, leading to oversupply, declining margins, and tough decisions. Some larger firms have exited saturated state markets, while others have not staffed up their operations and let some sites remain idle.

Portfolio Pulse from Beau Whitney

July 20, 2023 | 7:02 pm

EGLDUSD

Cryptocurrency MultiversX (CRYPTO: EGLD) has seen a price drop of 6.19% in the last 24 hours, continuing its negative trend over the past week with a 7.0% loss. Trading volume has increased by 38.0% over the past week, and the circulating supply of the coin has increased by 0.37% to 25.73 million, which is 81.9% of its max supply. The current market cap ranking for EGLD is #49 at $875.54 million.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm

XMRUSD

Monero's (CRYPTO: XMR) price has decreased by 3.35% over the past 24 hours to $164.08, continuing its downward trend over the past week of -1.0%. The trading volume for the coin has increased by 49.0% over the past week while the overall circulating supply of the coin has increased by 0.18% to over 18.15 million. The current market cap ranking for XMR is #25 at $2.98 billion.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 7:00 pm

BHP

A significant amount of bearish options activity has been detected for BHP Group (NYSE:BHP), with 90% of investors opening trades with bearish expectations. The total amount for puts is $123,820 and for calls is $277,440. Whales have been targeting a price range from $57.5 to $72.5 for BHP Group over the last 3 months. The current price of BHP is up 0.71% at $61.03.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:47 pm

PG

A significant bullish stance has been taken on Procter & Gamble (NYSE:PG) by a large investor or institution, as evidenced by a large position in the company's options. The sentiment among these big-money traders is split, with 54% bullish and 45% bearish. The targeted price range for Procter & Gamble over the last 3 months has been between $100.0 and $155.0. Citigroup has downgraded its action to Buy with a price target of $177, while Barclays maintains an Overweight rating with a price target of $160.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:47 pm

BLK

A significant bearish stance has been taken on BlackRock (NYSE:BLK) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The whales have been targeting a price range from $730.0 to $820.0 for BlackRock over the last 3 months. Several financial institutions including Morgan Stanley, Deutsche Bank, Citigroup, and JP Morgan have maintained their positive ratings on BlackRock.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:46 pm

FXI

SPY

USO

The U.S. Senate has voted to block sales of U.S. oil reserves to China. This decision could potentially impact the global oil market and the related ETFs.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 6:21 pm

CNQ

Canadian Natural Res Inc. (NYSE:CNQ) has seen its shares move lower by 2.08% in the past three months. The company's total debt stands at $22.15 billion, with long-term debt at $19.71 billion and current debt at $2.44 billion. After adjusting for $105.55 million in cash-equivalents, the net debt is $22.04 billion. The company's debt-ratio is 0.37, indicating a considerable portion of debt is funded by assets.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 6:15 pm