Streetbeat News

Assets

JPM

A whale has taken a bullish stance on JPMorgan Chase (NYSE:JPM) with 32 unusual options trades detected. 50% of investors have bullish expectations, while the other 50% have bearish expectations. Whales have been targeting a price range of $110 to $145 for JPM over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:31 pm

COST

A large investor has taken a bullish stance on Costco Wholesale (NASDAQ:COST), with Benzinga's options scanner spotting 15 uncommon options trades. The sentiment of these big-money traders is split between 53% bullish and 46% bearish. Whales have been targeting a price range of $400 to $600 for Costco Wholesale over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:05 pm

ETHUSD

A rare Bored Ape NFT from the Bored Ape Yacht Club (BAYC) collection sold for 55.01 ETH ($101,572 USD). The BAYC is an exclusive community for holders of ape and mutant-themed NFTs on Ethereum's blockchain. The collection has gained significant influence in 2021, with many celebrities adopting Bored Apes as their profile pictures.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:01 pm

ADDYY

FB

PONGF

A virtual land NFT in Decentraland sold for $1,901, 1.66x the current floor price of 0.62 Ethereum. Interest in metaverse land has increased since Facebook's rebrand to Meta. Major brands like Adidas and Atari have bought virtual land in blockchain-based metaverses such as Decentraland and The Sandbox.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:01 pm

ETHUSD

Bored Ape #2857, an NFT from the Bored Ape Yacht Club (BAYC) collection, sold for 98 ETH ($180,960). BAYC is an exclusive community for holders of ape and mutant-themed NFTs on Ethereum's blockchain. The collection has gained significant influence in 2021, with many celebrities joining the club.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:00 pm

COIN

GBTC

Ark Invest CEO Cathie Wood predicts Bitcoin could reach $1 million by 2030, with the company's Big Ideas report forecasting a range of $258,500 to $1.48 million. Ark Invest has increased its holdings in ETFs like ARKW, ARKF, and ARKK, which have top holdings in Coinbase Global (NASDAQ:COIN) and Grayscale Bitcoin Trust (OTC:GBTC).

Portfolio Pulse from Chris Katje

May 23, 2023 | 6:50 pm

SI

Binance's chief communication officer, Patrick Hillmann, criticized a Reuters report alleging the commingling of customer funds with company revenue, violating U.S. financial rules. The report claimed billions of dollars were mixed daily in accounts held at Silvergate Bank (NYSE:SI). Hillmann did not explicitly deny the allegations but pointed out flaws in the reporting and emphasized Binance's transparency.

Portfolio Pulse from Murtuza Merchant

May 23, 2023 | 6:33 pm

WFC

A large bearish position on Wells Fargo (NYSE:WFC) has been spotted, with 14 uncommon options trades identified. The overall sentiment of these big-money traders is 21% bullish and 78% bearish, targeting a price range of $35 to $55 for Wells Fargo over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:17 pm

CVI

CVR Energy confirmed a fire at its Wynnewood Refinery gasoline hydrotreater, operated by its unit, at 8:20 a.m. today. Two employees were injured and transported offsite for evaluation.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:04 pm

PYPL

A whale has taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with 53% of detected unusual options trades being bearish. Whales have been targeting a price range of $32.5 to $75.0 for PayPal over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:04 pm