Streetbeat News

Assets

UDN

USDU

UUP

The U.S. dollar's dominance in global finance remains strong, but emerging trends like diversification in commodity markets and alternative payment systems could gradually erode its position. Investors should monitor these shifts, especially those investing in currency-related ETFs.

Portfolio Pulse from Surbhi Jain

September 04, 2024 | 8:15 pm

SON

Sonoco is considering strategic alternatives for its Thermoformed and Flexibles Packaging business as part of its efforts to simplify its portfolio.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:11 pm

SHIBUSD

Shiba Inu (SHIB) is experiencing a significant increase in its burn rate, leading to bullish predictions of a 231% rally. The burn rate has spiked by 189%, with 3.6 million SHIB coins incinerated recently. Crypto trader Javon Marks highlights bullish patterns, suggesting a potential price recovery to 2024 highs. Despite the optimism, investors should consider the volatile nature of the crypto market.

Portfolio Pulse from Khyathi Dalal

September 04, 2024 | 7:00 pm

SHOT

Safety Shot, Inc. (NASDAQ:SHOT) has received an additional $3.4 million investment from its President Jordan Schur through Core 4 Capital Corp, bringing Core 4's total investment to $9.4 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 6:03 pm

ADP

AVAV

CAR

GEV

IEP

LUV

LYFT

RUN

ZIM

The article highlights unusual options activity in the industrials sector, with significant trades involving companies like ZIM, IEP, CAR, BA, AVAV, LYFT, RUN, ADP, GEV, and LUV. These trades indicate varying market sentiments, with some showing bullish and others bearish outlooks.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 5:35 pm

AMZN

BABA

GME

LVS

PDD

SBUX

SHAK

TSLA

The article highlights unusual options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include TSLA with bullish sentiment on put options, BABA with bearish sentiment on call options, and others like GME, PDD, LVS, AMZN, SHAK, RH, SBUX, and HD with varying sentiments.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 5:35 pm

AAPL

AMAT

AMD

AVGO

IREN

NVDA

PSTG

SMCI

The article highlights significant options activity in the Information Technology sector, focusing on whale alerts for companies like AAPL, NVDA, AMAT, SMCI, IREN, U, MU, AMD, PSTG, and AVGO. These activities indicate potential trading opportunities based on unusual options activity.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 5:35 pm

CTRA

Coterra Energy is considering acquiring assets with shorter lifespans if they align with the company's overall inventory strategy, as stated by an executive at the Barclays Conference.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 5:35 pm

Recent options activity for GE Aero shows a bearish sentiment among financial giants, with 52% of trades being bearish. The stock is currently trading at $164.92, up by 0.43%, but RSI suggests it may be overbought. The anticipated earnings release is in 48 days.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 5:15 pm

PDD

Deep-pocketed investors are showing a bearish sentiment towards PDD Holdings (NASDAQ:PDD) as revealed by Benzinga's options scanner. The options market has seen 38 extraordinary activities, with 52% of investors leaning bearish. The stock is currently down by 5.23% at $92.64, and RSI readings suggest it may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 4:30 pm