Streetbeat News

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AMZN

Unusual options activity has been observed for Amazon.com (NASDAQ:AMZN) with a bearish stance. Benzinga's options scanner spotted 39 uncommon options trades, with 48% bullish and 51% bearish sentiment. Whales have been targeting a price range of $112.5 to $180.0 for Amazon.com over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 2:32 pm

FCX

Unusual options activity has been observed for Freeport-McMoRan (NYSE:FCX), with 14 uncommon options trades spotted. The sentiment of these big-money traders is split between 50% bullish and 50% bearish. Whales have been targeting a price range from $25.0 to $50.0 for FCX over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 2:31 pm

AVGO

Unusual options activity has been observed in Broadcom (NASDAQ:AVGO), with 48 uncommon options trades spotted. The sentiment of these big-money traders is split between 43% bullish and 56% bearish. Whales have been targeting a price range from $690 to $1000 for Broadcom over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 2:16 pm

CRM

A large bearish position on Salesforce (NYSE:CRM) has been spotted, with 18 uncommon options trades identified. The overall sentiment of these big-money traders is split between 44% bullish and 55% bearish. Whales have been targeting a price range from $190.0 to $240.0 for Salesforce over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 2:15 pm

BTCUSD

Matrixport reports that the current market pressure faced by Bitcoin at the $28,000 mark is due to miners needing to liquidate their newly acquired assets. The thinning profit margins and increased complexity of Bitcoin mining are prompting miners to offload their Bitcoin assets at the existing market value.

Portfolio Pulse from Murtuza Merchant

June 02, 2023 | 2:03 pm

CVNA

Carvana (CVNA) sees a sweep of 2,500 June 16 $20 call options near the ask price of $0.57, compared to an open interest of 11,420. The stock is currently trading at $14.9084.

Portfolio Pulse from Charles Gross

June 02, 2023 | 2:03 pm

CAT

Unusual options activity has been observed in Caterpillar (NYSE:CAT), with a large position indicating a bullish stance. Benzinga's options scanner spotted 10 uncommon options trades, with 60% bullish and 40% bearish sentiment. The total trade price for calls is $378,935, while for puts it is $100,805.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 2:03 pm

HEXO

TLRY

HEXO Corp. has closed the first tranche of a $25M non-brokered private placement, issuing 11.5 million preferred shares at $1.00 per share. A second tranche of $13.5M is in escrow, to be released upon satisfaction of conditions in the arrangement agreement with Tilray Brands, Inc.

Portfolio Pulse from Vuk Zdinjak

June 02, 2023 | 1:38 pm

XOM

Exxon Mobil Corporation (NYSE:XOM) is exploring new fracking technologies to double its oil production from U.S. shale holdings over five years. The company aims to reach between 900,000 and 1 million barrels per day in the Permian by 2027, with 9% to 11% production growth.

Portfolio Pulse from Nabaparna Bhattacharya

June 02, 2023 | 12:50 pm

WBX

Wallbox N.V. (NYSE:WBX) announces a private placement of 18,832,432 Class A ordinary shares at $2.58 per share, raising $48.6 million from existing investors and strategic partners. The transaction aims to strengthen the company's balance sheet and support its strategic plan.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 12:46 pm