Streetbeat News

Assets

JETS

NVDA

U.S. Global Investors CEO Frank 'Bulldog' Holmes discussed the strength of the U.S. economy, citing the 15.4% rise in the U.S. Global Jets ETF (JETS) over the last month. JETS includes major airlines like Delta Air Lines, United Continental Holdings, American Airlines Group, and Southwest Airlines. Holmes highlighted the return to pre-COVID ticket prices and falling oil prices as positive indicators for the economy and the airline industry. He also praised NVIDIA Corp's AI and chips for their role in cryptocurrency mining.

Portfolio Pulse from Anthony Noto

June 28, 2023 | 7:11 pm

OXY

Benzinga's options scanner detected over 22 options trades for Occidental Petroleum (NYSE:OXY) totaling $765,001. Whales have been targeting a price range from $20.0 to $82.5 for Occidental Petroleum over the last 3 months. The price of OXY is up 1.02% at $57.71. Truist Securities and Piper Sandler have maintained their Buy and Neutral ratings on Occidental Petroleum, respectively.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:03 pm

PWR

Quanta Services (NYSE:PWR) has outperformed the market over the past 15 years by 4.52% on an annualized basis, producing an average annual return of 13.13%. If an investor had bought $1000 of PWR stock 15 years ago, it would be worth $6,195.60 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:01 pm

PSA

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years by 3.4% on an annualized basis, producing an average annual return of 11.0%. If an investor had bought $1000 of PSA stock 20 years ago, it would be worth $8,062.83 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:01 pm

SHIBUSD

Shiba Inu's (CRYPTO: SHIB) price has decreased by 3.99% over the past 24 hours to $0.0000073, continuing its downward trend over the past week of -4.0%. The trading volume for the coin has tumbled 29.0% over the past week along with the circulating supply of the coin, which has fallen 0.05%. The current market cap ranking for SHIB is #19 at $4.32 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:00 pm

LINKUSD

Chainlink's (CRYPTO: LINK) price has decreased by 5.18% over the past 24 hours to $5.9, despite a week-long uptrend of 7.0%. The trading volume for the coin has fallen 26.0% over the past week, along with a 0.08% decrease in circulating supply. The current market cap ranking for LINK is #23 at $3.06 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:00 pm

ABBV

QQQ

SPY

TSLA

Benzinga's ongoing experiment, which pits OpenAI's ChatGPT against leading U.S. equity funds, shows that the AI's portfolio outperformed seven out of the top 10 funds after six weeks. The AI's portfolio saw a return of 6.43%, with Tesla Inc (NASDAQ:TSLA) being the top performer with a 52.1% increase, while AbbVie Inc (NYSE:ABBV) was the biggest laggard with an 8.58% loss. The experiment also compared the AI's performance with benchmark ETFs like the S&P 500 (NYSE:SPY) and Invesco QQQ Trust Series 1 (NASDAQ:QQQ).

Portfolio Pulse from AJ Fabino

June 28, 2023 | 7:00 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price has fallen 3.77% to $4.93 in the past 24 hours, contrary to its positive trend over the past week where it gained 2.0%. The trading volume for the coin has decreased by 34.0% over the past week while the circulating supply has risen 0.41%, bringing the circulating supply to 1.25 billion. The current market cap ranking for DOT is #13 at $6.16 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:00 pm

SE

A whale investor has taken a bullish stance on Sea (NYSE:SE), with 58% of investors opening trades with bullish expectations and 41% with bearish. The total amount for puts is $617,288 and for calls is $447,320. Whales have been targeting a price range from $40.0 to $85.0 for Sea over the last 3 months. The price of SE is currently down -0.35% at $57.14.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 6:47 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) was down over 4% on Wednesday, in line with the wider crypto sector, including Bitcoin and Ethereum. The downtrend is taking place within a falling channel pattern on the 24-hour chart, which is bearish for the short term but could be bullish in the future. The most recent lower high within the formation was created on Tuesday at $0.00000768 and the most recent confirmed lower low was printed at the $0.00000743 mark the day prior.

Portfolio Pulse from Melanie Schaffer

June 28, 2023 | 6:35 pm