Streetbeat News

Assets

DELL

Deep-pocketed investors are showing a bullish sentiment towards Dell Technologies, as revealed by significant options activity. The options market indicates a potential price range of $95 to $140 for DELL, with 58% of investors leaning bullish. Analysts have mixed ratings, with target prices ranging from $106 to $158.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 3:30 pm

UNH

The article provides an in-depth analysis of UnitedHealth Group (NYSE:UNH) compared to its peers in the Health Care Providers & Services industry. It highlights that UNH is priced at a premium with high P/E and P/B ratios, but shows strong profitability with high ROE, EBITDA, and gross profit. However, its revenue growth is below the industry average, and it has a higher debt-to-equity ratio, indicating potential financial risk.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 3:00 pm

AVGO

The article provides a comparative analysis of Broadcom (NASDAQ:AVGO) against its competitors in the Semiconductors & Semiconductor Equipment industry. Broadcom shows high valuation metrics (PE, PB, PS ratios) compared to industry averages, indicating potential overvaluation. Despite lower ROE, EBITDA, and gross profit, Broadcom's revenue growth is strong, suggesting market share expansion. However, its high debt-to-equity ratio indicates financial risk.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 3:00 pm

BTCUSD

Glassnode's analysis reveals that while average Bitcoin investors remain profitable, short-term holders face significant risks due to unrealized losses. The spot price is 22% below the all-time high, and further market weakness is expected until it reclaims $62,400.

Portfolio Pulse from Khyathi Dalal

September 04, 2024 | 2:40 pm

ASST

ATHA

FFIE

OGEN

SHPH

WISA

U.S. stocks showed mixed performance with the Dow Jones slightly up, while NASDAQ and S&P 500 fell. The U.S. trade deficit widened to $78.8 billion in July. Notable stock movements included significant gains for Faraday Future, Asset Entities, and WiSA Technologies, while Athira Pharma, Oragenics, and Shuttle Pharmaceuticals saw substantial declines.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 2:06 pm

EC

Colombia's Ecopetrol reports that its operations are affected by attacks on pipelines and road blockades, potentially impacting oil and gas production in the coming days.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:50 pm

COIN

Coinbase Glb (NASDAQ:COIN) has seen a surge in options activity, with a notable bearish sentiment among financial giants. Analysis shows 33% bullish and 40% bearish trades, with significant put and call options. The stock is currently trading at $164.91, down 2.5%, with a neutral RSI. An analyst maintains a Buy rating with a $295 target.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 1:46 pm

NE

Noble Corporation has completed its acquisition of Diamond Offshore Drilling, enhancing its position as a leading offshore driller and increasing its backlog to $6.7 billion. The acquisition adds $2 billion in backlog and a new director to Noble's board.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:23 pm

CRML

Critical Metals Corp. has initiated a diamond drilling program at the Tanbreez Rare Earth Mine in Greenland. The program aims to evaluate the resources and lifespan of the mine, consisting of 14 holes with a total length of up to 2,200 meters, expected to last around 30 days.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:15 pm

LPLA

LPL Financial has announced an agreement to acquire The Investment Center, which will add $9 billion in assets and 240 advisors to its platform. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:49 pm