Streetbeat News

Assets

BKMC

BSJP

COPX

SUSL

A screening of mid-cap ETFs revealed the largest changes in net assets over the past week. Winners included Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and BNY Mellon US Mid Cap Core Equity ETF (BKMC), which added $380.54 million and $335.01 million in net assets respectively. Losers included Global X Copper Miners ETF (COPX) and iShares ESG MSCI USA Leaders ETF (SUSL), which lost $303.96 million and $319.01 million in net assets respectively.

Portfolio Pulse from Johnny Rice

June 30, 2023 | 2:32 pm

MSFT

Unusual options activity has been observed for Microsoft (NASDAQ:MSFT) with a bullish stance. The options scanner at Benzinga spotted 14 uncommon trades, with 64% bullish and 35% bearish sentiment. The whales have been targeting a price range from $275.0 to $375.0 for Microsoft over the last 3 months. The price of MSFT is up 1.72% at $340.81. Several experts have maintained their positive ratings on Microsoft with price targets ranging from $350 to $400.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:18 pm

Antero Resources (AR) has seen a significant option alert for November 17 $35 calls. A total of 1952 contracts were traded near the ask price of $0.351, compared to an open interest of 403. The company is expected to announce earnings on July 26 after market close. The reference price is $23.01.

Portfolio Pulse from Charles Gross

June 30, 2023 | 2:18 pm

ETHUSD

SOLUSD

Ethereum co-founder Vitalik Buterin expressed concern over the SEC's recent actions towards Solana and other blockchain projects. The SEC has categorized Solana’s SOL token as a security, which could lead to potential delisting from cryptocurrency exchanges and additional compliance requirements. Solana has challenged this classification, maintaining that it operates as a decentralized network.

Portfolio Pulse from Murtuza Merchant

June 30, 2023 | 2:14 pm

IVZ

Invesco Ltd's unit, Invesco Real Estate, has launched a private fund, Invesco Commercial Real Estate Finance Trust, Inc. (INCREF), aimed at bringing private real estate credit to accredited investors. The fund will originate, acquire, and manage a diversified portfolio of loans and debt-like preferred equity interests related to commercial real estate. The move comes amid a pull-back of regional banks and a significant increase in short-term interest rates, creating an opportunity for commercial real estate lenders.

Portfolio Pulse from Nabaparna Bhattacharya

June 30, 2023 | 2:06 pm

General Motors has acquired substantially all assets of Israel-based battery software startup Algolion Ltd. The financial details of the deal were not disclosed.

Portfolio Pulse from Happy Mohamed

June 30, 2023 | 2:04 pm

INTC

A significant bearish stance has been taken on Intel (NASDAQ:INTC) by a large investor, as observed from publicly available options history. The sentiment among these big-money traders is 16% bullish and 83% bearish. The whales have been targeting a price range from $30.0 to $33.0 for Intel over the last 3 months. The price of INTC is up 1.06% at $33.26. Several experts have downgraded their ratings on Intel, with price targets ranging from $17 to $39.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 1:51 pm

AAPL

A significant amount of unusual options activity has been detected for Apple (NASDAQ:AAPL), with a bearish stance taken by a whale investor. Of the 27 strange trades detected, 48% were bullish and 51% were bearish. The total amount for the 2 put trades was $128,703 and for the 25 call trades was $6,435,129. Whales have been targeting a price range from $95.0 to $225.0 for Apple over the last 3 months. The current price of AAPL is up 1.03% at $191.55. Several experts have maintained their positive ratings on Apple, with price targets ranging from $188 to $220.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 1:51 pm

BLK

FNF

The Securities and Exchange Commission (SEC) has deemed recent applications for spot bitcoin exchange-traded funds (ETFs) as inadequate. The filings, submitted by asset managers including Blackrock and Fidelity, were found to be unclear and not comprehensive.

Portfolio Pulse from Happy Mohamed

June 30, 2023 | 1:38 pm

BCHUSD

BTCUSD

COMPUSD

ETHUSD

LTCUSD

MKRUSD

PAXGUSD

XECUSD

Bitcoin (BTC) and Ethereum (ETH) traded higher, with BTC surpassing the $31,000 mark. eCash (XEC) was the top gainer over the past 24 hours, while Toncoin (TON) was the biggest loser. The global crypto market cap rose to $1.2 trillion, recording a 24-hour gain of 1.5%. Other notable gainers include Bitcoin Cash (BCH), Compound (COMP), Litecoin (LTC), and Maker (MKR).

Portfolio Pulse from Lisa Levin

June 30, 2023 | 1:36 pm