Streetbeat News

Assets

WLGS

Wang & Lee Group has filed for a mixed shelf offering with the SEC, aiming to raise up to $30 million. This move allows the company to issue various types of securities over time, providing flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 5:37 pm

AFRM

AGNC

AXP

COIN

CRBG

PYPL

WFC

The article highlights unusual options activity for 10 financial stocks, providing insights into potential trading opportunities. It details the sentiment, expiration dates, and trade types for each stock's options activity.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 5:35 pm

AMZN

BABA

BIG

DKNG

EBAY

LVS

PDD

RSI

TSLA

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, AMZN, PDD, and others. These trades can indicate potential market movements.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 5:35 pm

AAPL

AMD

ASAN

CRM

IBM

INTC

MSFT

NVDA

PLTR

SMCI

The article highlights unusual options activity in the Information Technology sector, focusing on trades involving companies like NVDA, SMCI, AAPL, INTC, PLTR, ASAN, AMD, CRM, MSFT, and IBM. These activities can indicate potential trading opportunities due to significant market movements.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 5:35 pm

ADI

Deep-pocketed investors are showing a bearish sentiment towards Analog Devices (NASDAQ:ADI) with significant options activity. 70% of the options activity is bearish, indicating potential price movements between $230 and $290. The stock is currently trading at $233.39, up by 1.08%.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 5:34 pm

UNG

USO

The latest Baker Hughes report shows that the U.S. oil rig count remains unchanged at 483, while the natural gas rig count decreased by 2 to 95. The total rig count is now 583, down from 585 previously.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 5:05 pm

SPY

USO

Libya's National Oil Corporation (NOC) reports a significant loss of approximately 63% in total oil production due to recent oilfield closures. The NOC clarifies that the closures are not related to their operations, and restarting the halted oilfields will require substantial costs and technical efforts.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:37 pm

ETHUSD

USDCUSD

Ethereum co-founder Vitalik Buterin transferred 800 ETH, valued at $2.1 million, to a multi-signature wallet, converting 190 ETH into USDC. This move has sparked speculation about a potential selloff, reminiscent of past significant ETH movements by Buterin that impacted the market. The transfer follows a pattern of Buterin's ETH activities, including a recent $8 million transfer and a $1.05 million transfer to a crypto mixer, raising privacy concerns. Despite recent volatility, Ethereum's long-term performance remains strong.

Portfolio Pulse from Murtuza Merchant

August 30, 2024 | 3:11 pm

BTCUSD

Bitcoin's exchange supply has dropped by 40,000 BTC, worth $2.4 billion, over the past two days, indicating a potential supply shock. Despite this, Bitcoin's price remains bearish. Analysts suggest that the declining supply could reduce selling pressure and potentially lead to a bull market if demand increases.

Portfolio Pulse from Khyathi Dalal

August 30, 2024 | 3:05 pm

NVDA

The article provides an analysis of NVIDIA (NASDAQ:NVDA) in comparison to its competitors in the Semiconductors & Semiconductor Equipment industry. NVIDIA shows potential for growth with a reasonable P/E ratio, high ROE, and strong revenue growth, despite being overvalued in terms of P/B and P/S ratios. The company demonstrates strong financial performance and a healthier debt-to-equity ratio compared to its peers.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 3:00 pm