Streetbeat News

Assets

SPY

Federal Reserve Chairman Jerome Powell stated that the reverse repo program is not impacting the economy and has seen volumes decline since the Treasury began increasing issuance. The extent of the reverse repo program's shrinkage remains uncertain.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 5:06 pm

TMUS

Unusual options activity has been observed in T-Mobile US (NASDAQ:TMUS), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 11 uncommon options trades, with 36% bullish and 63% bearish sentiment. Whales have been targeting a price range of $120 to $155 for T-Mobile US over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:05 pm

TTOO

GSA Capital Partners LLP has increased its stake in T2 Biosystems to 10.7%, according to a recent 13G filing.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 5:03 pm

BTCUSD

ETHUSD

SPY

Federal Reserve Chairman Jerome Powell stated that cryptocurrencies seem to have staying power as an asset class, acknowledging their growing importance in the financial landscape.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 5:01 pm

SPY

Federal Reserve Chairman Jerome Powell warns of commercial real estate losses in the office and mall sectors, which may lead to a difficult time for banks with a high concentration of those loans.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:56 pm

ARBK

BTBT

MSTR

Crypto-related stocks MicroStrategy, Bit Digital, and Argo Blockchain are moving higher due to gains in the crypto market, led by Bitcoin and Ethereum. The market is benefiting from positive developments such as the launch of EDX Markets exchange, backed by Charles Schwab, Fidelity, and Citadel Securities, and BlackRock's application for a spot Bitcoin ETF.

Portfolio Pulse from Erica Kollmann

June 21, 2023 | 4:54 pm

EOG

EOG Resources COO Helms announced that the company is on track to increase well costs by over 10% this year. They plan to drill offshore Australia in 2024 and complete 15 wells in the Utica Shale this year, with increased activity in 2024.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:44 pm

BLK

BTCUSD

DOGEUSD

Major cryptocurrencies like Bitcoin, Ether, and Dogecoin are trading at a monthly high, with Bitcoin breaking $26,500 for the first time in over a month. BlackRock submitted an application for a Bitcoin ETF in the U.S., and EDX Markets, backed by Charles Schwab, Citadel Securities, and Fidelity Digital Assets, launched its trading services. Experts attribute the rise to institutional interest and economic forecasts.

Portfolio Pulse from Murtuza Merchant

June 21, 2023 | 4:25 pm

SYK

Jason Snipe announced on CNBC that he has bought Stryker Corporation (SYK), a leading medical technology company.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:23 pm

GLD

Joe Terranova announced on CNBC that he has sold his position in SPDR Gold Trust (GLD).

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 4:16 pm