Streetbeat News

Assets

BAC

BOH

COIN

DFS

HOOD

JPM

SCHW

UPST

The article discusses unusual options activity in the financial sector, with a focus on 10 stocks: Robinhood (HOOD), Bank of America (BAC), Goldman Sachs (GS), Coinbase (COIN), JPMorgan Chase (JPM), Discover Financial Services (DFS), Upstart (UPST), Bank of Hawaii (BOH), Charles Schwab (SCHW), and Blackstone (BX). The article provides detailed information about the options activity for each stock, including the type of option (call or put), the sentiment (bullish or bearish), the expiration date, the strike price, and the total trade price.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 5:35 pm

AAPL

AMD

IBM

MSFT

NVDA

PLTR

SMCI

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks mentioned are AAPL, NVDA, MSFT, AMD, MU, SMCI, IBM, U, AI, and PLTR. The article provides details on the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 5:35 pm

BNBUSD

USDTUSD

The recent Arkham (CRYPTO: ARKM) token airdrop saw approximately 59,700 addresses claim a total of around 27.9 million tokens. The top 2,000 addresses received a total of 10.4 million tokens, accounting for 37% of the total tokens distributed. Notable recipients of the airdrop included addresses associated with the ENS names thorhartvigsen.eth and onedayiwannaownapudgypenguin.eth. Most of the top recipients have sent most, if not all, of their tokens to an exchange, indicating a trend of selling the airdropped ARKM tokens.

Portfolio Pulse from Murtuza Merchant

July 20, 2023 | 5:21 pm

A significant bullish stance has been taken on Citigroup (NYSE:C) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $45.0 to $60.0 for Citigroup over the last 3 months. Various experts have given different ratings and price targets for Citigroup.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 5:17 pm

A significant bearish stance has been taken on Verizon Communications (NYSE:VZ) as indicated by unusual options activity. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $30.0 to $38.0 for Verizon over the last 3 months. Morgan Stanley has downgraded its action to Overweight with a price target of $44 while Wells Fargo maintains their Equal-Weight rating with a price target of $36.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 5:17 pm

BTCUSD

ETHUSD

Crypto media company CoinDesk is reportedly nearing a deal with an investor syndicate, which assigns the company an enterprise value of $125 million, according to the Wall Street Journal.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 4:20 pm

Benzinga's options scanner detected over 10 options trades for AT&T (NYSE:T) summing a total amount of $345,121. Whales have been targeting a price range from $8.0 to $16.0 for AT&T over the last 3 months. The mean open interest for AT&T options trades today is 17942.6 with a total volume of 12,533.00. The price of T is down -0.35% at $14.54. Barclays, Deutsche Bank, and Wells Fargo maintain their ratings on AT&T, while Citigroup and JP Morgan downgraded their actions to Neutral.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 4:17 pm

FTTUSD

GOOGL

PYPL

Venture firm Sequoia Capital has seen significant changes, including the departure of five investors and a split in its operations. Michael Moritz, a partner since 1986, is stepping away to focus on Sequoia Heritage, a wealth management business he co-founded. Moritz will continue to serve on the boards of various Sequoia companies, such as Stripe Inc., but will gradually step down. Sequoia suffered a $214 million loss, primarily from its global growth fund, despite profitable returns since its inception in 1972. The firm also announced a significant split with its operations in China and India in June.

Portfolio Pulse from Murtuza Merchant

July 20, 2023 | 4:14 pm

ELYM

Eliem Therapeutics Inc (NASDAQ:ELYM) shares are trading higher after the company completed a review of its business. The company has decided to halt further development of its Kv7 program and to conduct a comprehensive exploration of strategic alternatives. Eliem has engaged Leerink Partners to act as a strategic advisor. As of June 30, 2023, the company had approximately $102.6 million in cash, cash equivalents, and investments in marketable securities.

Portfolio Pulse from Vandana Singh

July 20, 2023 | 4:08 pm

RKDA

Arcadia Biosciences Inc (RKDA) is exploring strategic options to maximize long-term shareholder value, including potential acquisitions, mergers, asset sales, joint ventures, licensing arrangements, capital raises, or other strategic transactions. This is part of their Project Greenfield, a 3-year plan to maximize the company's potential. The company expects Q2 revenue of $1.3 million - $1.5 million and plans to streamline operations and exit body care brands ProVault and SoulSpring, saving $3 million to $4 million in annual operating expenses starting in August 2023.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 4:08 pm