Streetbeat News

Assets

ETHUSD

A total of 9,702.15 Ether (ETH) worth $18M was burned from Ethereum transactions on Tuesday. This follows the implementation of the EIP-1159 upgrade on August 5th, which changed the fee model and introduced a variable base fee that is burned, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:00 pm

BIDU

A whale has taken a bearish stance on Baidu (NASDAQ:BIDU) with 61% of the investors having bearish expectations. Whales have been targeting a price range of $100 to $145 for Baidu over the last 3 months. The current price of BIDU is down 1.55% at $121.7.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:17 pm

CI

Unusual options activity has been observed in Cigna Group (NYSE:CI), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 13 options trades, with 12 puts totaling $1,288,120 and 1 call totaling $56,352. The overall sentiment is 30% bullish and 69% bearish.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:06 pm

GOLD

Benzinga's options scanner detected over 11 options trades for Barrick Gold (NYSE:GOLD) totaling $550,582. Whales have been targeting a price range of $10.0 to $22.0 for Barrick Gold over the last 3 months. The stock is currently up 1.43% at $17.02, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 4:46 pm

LVS

Benzinga's options scanner detected over 11 options trades for Las Vegas Sands (NYSE:LVS) totaling $525,982. Whales have been targeting a price range of $30 to $60 for LVS over the last 3 months. The stock is currently down 1.54% at $54.18, with RSI indicators suggesting it may be oversold.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 4:46 pm

BUD

Unusual options activity has been observed for Anheuser-Busch InBev (NYSE:BUD), with 16 uncommon options trades spotted. The sentiment of these big-money traders is split between 56% bullish and 43% bearish. Whales have been targeting a price range from $53.0 to $75.0 for BUD over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 4:32 pm

LYB

LyondellBasell Industries plans to delay the cessation of operations at its Houston Refinery from the end of 2021 to no later than Q1 2025. The company expects the site to be part of a Houston regional hub for its Circular and Low Carbon Solutions business in the future.

Portfolio Pulse from Nabaparna Bhattacharya

May 31, 2023 | 4:21 pm

SQ

A whale has taken a bearish stance on Block (NYSE:SQ), with 85% of recent unusual options activity being bearish. Whales have been targeting a price range of $56.0 to $115.0 for Block over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 4:16 pm

CXAI

CXApp Inc (NASDAQ:CXAI) shares are trading higher on Wednesday, up over 25% with more than 16 million shares traded, due to increased retail investor interest and above-average volume. The stock is linked to AI, which has seen increased interest from investors lately. CXAI also has outsized short interest, with more than 92% of the float currently sold short.

Portfolio Pulse from Erica Kollmann

May 31, 2023 | 4:09 pm

MMM

A large investor has taken a bullish stance on 3M (NYSE:MMM), with Benzinga's options scanner spotting 10 uncommon options trades for the company. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $80 to $100 for 3M over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 3:46 pm