Streetbeat News

Assets

SOFI

High-rolling investors are showing a bearish sentiment on SoFi Techs (NASDAQ:SOFI) through options trading, with 50% of trades being bearish. The trading volume and open interest suggest a focus on a price range between $3.0 and $12.0. The stock is currently trading at $7.26, up by 3.05%, but RSI indicators suggest it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 6:32 pm

CVX

SHEL

USO

XOM

Hurricane Francine has led to the shutdown of 39% of oil production in the U.S. Gulf of Mexico as it approaches the Louisiana coast. This could impact oil companies operating in the region.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:02 pm

AMC

BILI

GOOG

GOOGL

META

PARA

ROKU

WOW

The article highlights unusual options activity for several communication services stocks, indicating potential trading opportunities. Notable mentions include bullish call options for AMC and ROKU, and bearish call options for GOOG and GOOGL.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 5:35 pm

AMZN

BABA

CPRI

CZR

ETSY

LCID

NIO

PTON

TPR

W

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like LCID, AMZN, BABA, NIO, TPR, W, PTON, CPRI, CZR, and ETSY. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 5:35 pm

AAPL

AMD

AVGO

CLS

CRM

IBM

MSFT

MU

NVDA

SMCI

The article highlights significant options activity in the Information Technology sector, focusing on large trades by 'whales' that could indicate potential trading opportunities. Notable companies with unusual options activity include NVDA, MSFT, AVGO, IBM, AMD, CLS, MU, SMCI, AAPL, and CRM, with varying sentiments ranging from bullish to bearish.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 5:35 pm

PTON

Peloton is reassessing its capital allocation strategy with a focus on deleveraging. The company estimates the at-home treadmill market to be more than twice the size of the stationary bike market.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 5:25 pm

PTON

Peloton's executive expressed confidence that the company has sufficient cash reserves to continue its operations, as stated during a Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 5:25 pm

BTCUSD

Peter Schiff, a well-known gold advocate, criticized Bitcoin, claiming it lacks intrinsic value and is destined to fail. He argues that Bitcoin's ease of transfer undermines its value and contrasts it with gold's physical properties. Schiff remains bullish on gold mining stocks and suggests Bitcoin investors consider this sector.

Portfolio Pulse from Khyathi Dalal

September 11, 2024 | 4:42 pm

BCTX

BriaCell Therapeutics announced an $8.5 million best-efforts offering of 12.325 million common shares at $0.69 per share. The proceeds will be used for working capital, corporate purposes, and business advancement. The offering is expected to close on September 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:14 pm

DIS

Deep-pocketed investors are showing a bullish sentiment towards Walt Disney (NYSE:DIS) as revealed by Benzinga's options scanner, which highlighted 14 extraordinary options activities. The sentiment is divided with 57% bullish and 42% bearish, indicating potential significant price movements between $70 and $130. The current price of DIS is $86.88, down 1.73%.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 3:30 pm