Streetbeat News

Assets

AAVEUSD

Aave's price has increased by 4.32% in the last 24 hours, reaching $129.78, despite a slight decline over the past week. Trading volume has surged by 53%, and the circulating supply has increased slightly. Aave's market cap is $1.93 billion, ranking it #47.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 7:02 pm

AXP

COF

COIN

CRBG

HOOD

MTB

PYPL

RILY

The article highlights unusual options activity in the financial sector, focusing on trades involving companies like NU, COF, RILY, HOOD, CRBG, COIN, PYPL, MTB, and AXP. These activities, tracked by Benzinga's options scanner, indicate potential trading opportunities based on the sentiment and volume of trades.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 5:35 pm

ABNB

AMZN

BABA

DASH

IRBT

LULU

PDD

RCL

TSLA

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like AMZN, TSLA, BABA, IRBT, PDD, DASH, ABNB, RCL, LULU, and LI. These trades indicate varying market sentiments, from bullish to bearish, and could signal potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 5:35 pm

REZ

SPY

XLRE

Real estate ETFs are experiencing significant inflows as investors anticipate Federal Reserve interest rate cuts. The top five REIT ETFs attracted over $2.4 billion in August, with the Real Estate Select Sector SPDR Fund (XLRE) surging over 4%. Real estate stocks have outperformed the broader market recently, driven by expectations of lower borrowing costs and strong economic growth.

Portfolio Pulse from Piero Cingari

September 02, 2024 | 4:02 pm

TSM

The article provides an in-depth analysis of Taiwan Semiconductor Manufacturing Co. (TSMC) in comparison to its competitors in the Semiconductors & Semiconductor Equipment industry. TSMC is highlighted for its strong market position, profitability, and financial health, with a low P/E and P/B ratio indicating potential undervaluation. The company shows robust revenue growth and profitability metrics, making it appealing to investors.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 3:00 pm

TSLA

The article evaluates Tesla (NASDAQ:TSLA) against its competitors in the Automobiles industry, highlighting its high valuation metrics and lower profitability and growth compared to peers. Tesla's lower debt-to-equity ratio indicates a stronger financial position.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 3:00 pm

INTC

NVDA

Intel CEO Pat Gelsinger plans to present a major asset sale and cost-cutting strategy to the board, including halting a $32 billion German project. The plan aims to address Intel's financial struggles, including weak earnings and declining market cap.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 11:03 am

IBIT

Mohamed El-Erian highlighted Bitcoin's underperformance in August compared to other major asset classes, despite being the best-performing asset year-to-date. While the Dow and S&P 500 saw gains, Bitcoin fell over 11%. The sentiment around Bitcoin remains weak, with net outflows in August and a historically unfavorable September.

Portfolio Pulse from Aniket Verma

September 02, 2024 | 2:49 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, started September on a weak note, with significant price drops. Bitcoin fell below $58,000, Ethereum hit a three-week low, and Dogecoin saw a notable decline. The market is in a state of 'Fear' as investors shift to stablecoins, indicating caution. Analysts emphasize the importance of Bitcoin's weekly close above $58,450 to maintain support levels.

Portfolio Pulse from Aniket Verma

September 02, 2024 | 2:01 am

APTO

Aptose Biosciences shares rose following the announcement of a $10 million loan agreement with Hanmi Pharmaceutical Co.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:32 pm