Streetbeat News

Assets

AMZN

DPZ

DRI

GM

GME

MAR

NKE

PDD

TSLA

The article highlights unusual options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include bearish call sweeps for AMZN and TSLA, bullish put trades for DPZ and GM, and a bullish call trade for PDD.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 5:35 pm

AMD

AVGO

CLSK

HPQ

INTC

MSFT

MSTR

NVDA

ORCL

SMCI

The article highlights significant options activity in the Information Technology sector, focusing on whale alerts for companies like NVDA, AVGO, AMD, CLSK, HPQ, MSFT, ORCL, SMCI, MSTR, and INTC. These activities indicate potential trading opportunities based on the sentiment and type of options traded.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 5:35 pm

IRS

IRSA Inversiones Y Representaciones S.A. reported a significant drop in EPS and revenues year-over-year. Despite a rise in rental adjusted EBITDA, the company faced a net loss due to changes in the fair value of investment properties. The company engaged in several asset sales and acquisitions, distributed dividends, and repurchased shares.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:29 pm

OFOS

RIG

XES

Transocean Ltd (NYSE:RIG) shares fell after announcing asset sales and non-cash charges in Q3. The company plans to sell assets for $342 million, resulting in a $630-$645 million non-cash charge due to asset impairment. Proceeds will be used to repay debt. RIG shares dropped 9.8% to $4.275.

Portfolio Pulse from Lekha Gupta

September 03, 2024 | 5:09 pm

BTCUSD

TradeTheFlow, a crypto researcher, highlights an unusual cycle in the crypto market where Bitcoin continues to dominate, deviating from the typical sequence where altcoins gain traction. The analyst suggests a more strategic approach to altcoin investment as the market matures.

Portfolio Pulse from Khyathi Dalal

September 03, 2024 | 4:37 pm

C

The options market shows a bearish sentiment towards Citigroup, with 60% of trades being bearish. Significant investors are targeting a price range of $40 to $65. The stock is currently trading at $61.84, down 1.29%.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 4:30 pm

TPG

TPG sold its stake in Sixth Street back to the firm for over $1 billion, ending a long partnership. The deal valued Sixth Street at $10 billion and allows both firms to focus on their respective business strategies.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 3:08 pm

PLTR

The article evaluates Palantir Technologies (NYSE:PLTR) against its competitors in the software industry, highlighting its high valuation ratios, low profitability metrics, and strong revenue growth. Despite being potentially overvalued, Palantir shows promising sales performance and a favorable debt-to-equity ratio compared to peers.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 3:00 pm

RIG

Transocean shares declined following the announcement of asset sale deals and an estimated non-cash charge of $630M-$645M for Q3.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:01 pm

MAS

Masco Corporation has entered into a definitive agreement to sell its Kichler Lighting business for approximately $125 million. This move is part of Masco's strategy to streamline its portfolio and focus on its core businesses.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:11 pm