Streetbeat News

Assets

PLAY

Dave & Buster's (PLAY) sees a significant increase in Sep 15 $50 call options, with 789 contracts traded at $3.388, compared to an open interest of 29 contracts. The stock is currently trading at $46.09.

Portfolio Pulse from Charles Gross

June 13, 2023 | 2:17 pm

FTCH

Farfetch (FTCH) experienced a sweep of 2,652 call options for June 23 at a strike price of $6, near the ask price of $0.29, compared to an open interest of 304. The stock is currently trading at $5.92.

Portfolio Pulse from Charles Gross

June 13, 2023 | 1:44 pm

VZ

Verizon Communications is searching for a new finance chief who could potentially transition into the Chief Executive role. The company is focusing on outsiders for a 'CFO Plus' position to boost business performance and expand its pool of possible successors.

Portfolio Pulse from Akanksha Bakshi

June 13, 2023 | 1:42 pm

BTCUSD

ETHUSD

LUNCUSD

Bitcoin (BTC) traded above $26,000 following the release of US inflation data, which eased to 4.0% in May. Ethereum (ETH) also edged higher but remained below the $1,800 mark. Terra Classic (LUNC) emerged as the top gainer in the past 24 hours.

Portfolio Pulse from Lisa Levin

June 13, 2023 | 1:36 pm

BFI

OMEX

BurgerFi International Inc. (NASDAQ: BFI) announces Christopher Jones as the new CFO, effective July 10, 2023. Jones will replace current CFO Mike Rabinovitch, who will transition to Lionheart Capital as a Senior Advisor. Jones currently serves as CFO of Odyssey Marine Exploration (NASDAQ: OMEX).

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:10 pm

SPIKE

UVXY

The Volatility S&P 500 Index (VIX) surged over 8% on Monday ahead of the Federal Reserve's interest rate decision on June 14. The move is tracked by the ProShares Ultra VIX Short Term Futures ETF (UVXY) and other tickers. Traders can use MIAX's SPIKES Volatility products to play potential volatility in the stock market.

Portfolio Pulse from Melanie Schaffer

June 13, 2023 | 12:58 pm

GLD

SPY

UUP

May's inflation rate dipped to 4% YoY, lower than the expected 4.1%, raising hopes for a pause in Fed rate hikes. The dollar fell, while S&P 500 futures and gold prices rose following the news.

Portfolio Pulse from Piero Cingari

June 13, 2023 | 12:50 pm

OMEX

Odyssey Marine Exploration announced the departure of its CFO Christopher Jones, effective July 7. Jones will continue in an advisory role, while the company searches for an interim and permanent CFO. Odyssey expects to reduce administrative expenses during this period.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 12:33 pm

BEP

DUK

Duke Energy Corporation (DUK) has agreed to sell its Commercial Renewables business to Brookfield Renewable Partners L.P. (BEP) for $2.8 billion. The deal includes over 3,400 MW of utility-scale solar, wind, and battery storage across the US. Duke Energy will focus on its regulated businesses and plans to incorporate over 30,000 MW of regulated renewable energy by 2035.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2023 | 12:24 pm

FXI

China's central bank has cut the overnight rate by 10 basis points to 2.75%, according to Reuters. This move may impact the iShares China Large-Cap ETF (FXI).

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 12:19 pm