Streetbeat News

Assets

USO

Iran has denied reports that it attempted to seize oil tankers, according to Reuters citing state TV. The US-listed ETF, United States Oil Fund (USO), may be indirectly affected by this news.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 6:41 pm

A significant amount of unusual options activity has been detected for Ford Motor (NYSE:F), with 22 strange trades spotted. The trades are evenly split between bullish and bearish expectations. The total amount for puts is $667,668 and for calls is $1,557,333. Whales have been targeting a price range from $9.35 to $20.0 for Ford Motor over the last 3 months. The current price of Ford Motor is up 0.52% at $15.32.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:31 pm

FIS

A significant amount of unusual options activity has been observed for Fidelity National Info (NYSE:FIS), with a mix of bullish and bearish stances. The trades range from $57.5 to $70.0. The price of FIS is currently up 3.62% at $60.1. Baird maintains an Outperform rating with a price target of $75, while Susquehanna downgraded its action to Positive with a price target of $81.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:31 pm

ADBE

A significant investor has taken a bearish stance on Adobe (NASDAQ:ADBE), with 60% of recent trades being bearish and 40% bullish. The total amount for puts is $1,014,148 and for calls is $3,131,375. Whales have been targeting a price range from $300.0 to $620.0 for Adobe over the last 3 months. The current price of ADBE is up 0.81% at $489.15. Citigroup downgraded its action to Neutral with a price target of $462, while BMO Capital upgraded its action to Outperform with a price target of $570.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:16 pm

SPY

The Federal Reserve's meeting minutes reveal that all participants agreed that maintaining a restrictive stance would be appropriate. This could potentially impact the broader market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 6:05 pm

ELONUSD

FTTUSD

Cryptocurrency exchange Hotbit has reportedly executed a significant rug pull, causing severe damage to the Defi project RichQuack, along with Baby Doge Coin and Dogelon Mars tokens. Hotbit sold around 256 trillion QUACK tokens that belonged to QUACK holders on PancakeSwap and did not respond to withdrawal requests. The incident also affected other projects, including BabyDogeCoin and DogelonMars. Hotbit recently announced a halt to its operations due to worsening operating conditions.

Portfolio Pulse from Murtuza Merchant

July 05, 2023 | 6:04 pm

ETHUSD

On Tuesday, 6,164.24 Ether (ETH) worth $11,793,184 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -7.89%.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 6:00 pm

AWKNF

Awakn Life Sciences Corp. (OTCQB:AWKNF) has sold its London subsidiary and healthcare clinic to a joint venture named Awakn Via Amitis Ltd., co-owned by UK mental healthcare charity Via and private UK investment company Amitis Group. The clinic will continue to operate under its original name, with Via taking over clinical operations. Awakn is also reviewing its Norwegian clinic’s business for a potential sale.

Portfolio Pulse from Lara Goldstein

July 05, 2023 | 5:54 pm

AAL

AZUL

DAL

NKLA

SPR

UPS

The article reports on the options activity of 10 industrial stocks, including NKLA, GE, SPR, AZUL, DAL, B, BA, UPS, AAL, and DE. The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, known as whales. The article provides detailed information on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 5:39 pm

AAPL

AMD

MARA

NVDA

PLTR

RIOT

TWLO

The article provides a list of 10 Information Technology stocks with whale alerts in today's session. The stocks mentioned are NVDA, AAPL, ZM, AMD, RIOT, PLTR, MU, MARA, TWLO, and U. The whale alerts are based on options activity and can indicate potential trading opportunities. The sentiment for each stock is also provided, which can be bearish, bullish, or neutral.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 5:39 pm