Streetbeat News

Assets

Unusual options activity has been observed in General Electric (NYSE:GE), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 16 options trades, with 43% bullish and 56% bearish sentiment. The total amount for 15 puts is $820,495, and for 1 call, it is $52,000. Whales have been targeting a price range of $85.0 to $115.0 for GE over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 4:32 pm

COP

Unusual options activity has been observed for ConocoPhillips (NYSE:COP), with 11 uncommon options trades spotted. The sentiment of these big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range from $70.0 to $115.0 for ConocoPhillips over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 4:16 pm

BTCUSD

ETHUSD

Binance.us reassures customers that their assets remain safe and secure on the platform, and deposits and withdrawals continue to function as normal.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:15 pm

IONS

Ionis Pharmaceuticals plans to offer $500 million of senior convertible notes due in 2028 in a private placement for institutional investors. The company also intends to grant the initial purchasers an option to purchase up to an additional $75 million principal amount of notes. Piper Sandler assumed coverage on Ionis Pharmaceuticals with an Overweight rating and a price target of $58.

Portfolio Pulse from Erica Kollmann

June 07, 2023 | 4:07 pm

UNG

Trinidad and Tobago plans to restart its idled LNG unit by early 2027, following a restructuring of Trinidad's Atlantic LNG. The company could potentially buy gas from non-owners as new supplies become available.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:04 pm

ATVI

Unusual options activity has been observed for Activision Blizzard (NASDAQ:ATVI) with 10 uncommon options trades spotted, split between 60% bullish and 40% bearish. Whales have been targeting a price range of $60 to $90 for the stock over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 4:02 pm

SNDR

Schneider National Inc. (NYSE:SNDR) has completed an electric charging depot at its South El Monte Intermodal Operations Center in Southern California. The depot will power its battery electric truck (BET) fleet, which will include nearly 100 Freightliner eCascadias by year's end, making it one of North America's largest zero emission fleets. Schneider has already begun hauling deliveries for Frito-Lay North America and Goodyear using the new eCascadia fleet.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:00 pm

AKAM

BIIB

BXP

CRM

GOOGL

SLG

Boston Properties Inc. (BXP) is a well-diversified office REIT with 54.5 million square feet in 192 properties concentrated among six of the largest U.S. cities. As of March 31, BXP had 91% of its in-service properties leased, with a weighted average lease term of 7.6 years. Its top four tenants, Salesforce, Alphabet, Biogen, and Akamai Technologies, account for about 11% of the total annualized base rent. BXP has $15.7 billion in debt and pays a quarterly dividend of $0.98 per share.

Portfolio Pulse from Ethan Roberts

June 07, 2023 | 3:49 pm

BTCUSD

ETHUSD

KBE

KRE

MSFT

Soros Fund Management CEO predicts more bank failures, slow decline in interest rates, and the persistence of cryptocurrencies. She also believes we are at the beginning of a mega cycle of AI investments.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 3:30 pm

DIS

A large bearish position on Walt Disney (NYSE:DIS) has been spotted on Benzinga's options scanner, with 11 uncommon options trades identified. The sentiment of these big-money traders is split between 36% bullish and 63% bearish, targeting a price range of $89.0 to $110.0 for Walt Disney over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 3:16 pm