Streetbeat News

Assets

ANF

CHWY

CPNG

GME

LULU

MGM

PDD

TSLA

YUMC

ZK

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on trades involving companies like YUMC, GME, PDD, MGM, CPNG, ZK, LULU, TSLA, ANF, and CHWY. These activities could indicate potential trading opportunities due to significant market interest.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 5:35 pm

AAPL

CRM

DELL

INTC

IREN

MRVL

MSFT

MU

NVDA

SMCI

The article highlights significant options activity in the Information Technology sector, focusing on trades involving companies like NVDA, INTC, SMCI, MRVL, MSFT, AAPL, CRM, MU, DELL, and IREN. These trades indicate varying market sentiments, with some showing bullish or bearish trends.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 5:35 pm

ADAUSD

BNBUSD

BTCUSD

LINKUSD

Recent data from CryptoQuant shows significant Bitcoin wallet movements, potentially indicating market shifts. Large transfers of dormant bitcoins could signal selling pressure, while altcoin correlations with Bitcoin suggest market alignment. Investors should be cautious of potential volatility.

Portfolio Pulse from Khyathi Dalal

August 29, 2024 | 5:33 pm

WBA

Wealthy investors are showing interest in Walgreens Boots Alliance (WBA) through significant options trades, with a split sentiment of 50% bullish and 50% bearish. The options activity suggests a targeted price range of $9.0 to $45.0. Currently, WBA is trading at $9.37, slightly down by 0.11%, and may be oversold according to RSI readings.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:49 pm

EOSE

EOS Energy shares rose as the company met initial performance milestones tied to Carberus Capital Management's investment, enabling it to access an additional $30 million from a delayed draw term loan.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 3:48 pm

AVCNF

Avicanna Inc. has secured nearly $2 million through a private placement deal, following a US patent win for its cannabinoid topical formula. The funds will be used for various operational and development purposes.

Portfolio Pulse from Jelena Martinovic

August 29, 2024 | 3:06 pm

ON

The article provides a comprehensive analysis of ON Semiconductor (NASDAQ:ON) compared to its industry peers in the Semiconductors & Semiconductor Equipment sector. ON Semiconductor shows potential undervaluation with lower PE, PB, and PS ratios compared to the industry average. However, it faces challenges with lower ROE, EBITDA, gross profit, and negative revenue growth, indicating weaker financial performance and slower expansion. The company has a favorable debt-to-equity ratio, suggesting a stronger financial position compared to its top peers.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 3:00 pm

SPY

UNG

The latest data on USA natural gas storage shows an increase of 35 billion cubic feet, matching the prior level and slightly exceeding the estimated 33 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:30 pm

META

Meta Platforms (NASDAQ:META) has seen a surge in options activity, with significant investments in call options suggesting bullish sentiment among investors. The options activity indicates a potential price range of $300 to $535. META's stock is currently trading at $523.22, up 1.25%, with RSI readings suggesting it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:01 pm