Streetbeat News

Assets

NITO

N2OFF has announced a 111 MW solar project in Germany in collaboration with Solterra Renewable Energy. N2OFF can fund up to €8M for up to 50% rights in Solterra's solar PV projects.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:24 pm

ARKK

QQQ

The ARK Innovation ETF (ARKK) has underperformed compared to the Invesco QQQ Trust (QQQ) over the past five years. ARKK's focus on disruptive technologies has led to high volatility and lower returns, while QQQ's investment in established tech giants has resulted in consistent gains. ARKK's higher expense ratio and ambitious stock predictions have further hindered its performance.

Portfolio Pulse from Surbhi Jain

August 21, 2024 | 7:42 pm

RVSB

David Nierenberg has reported a 5% stake in Riverview Bancorp as of August 19 and has sent a private letter to the board suggesting operational improvements.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:14 pm

BAC

Bank of America shares are trading slightly lower after Berkshire Hathaway sold over $550 million worth of shares. This sale reduces Berkshire's holding to about 12% of Bank of America's total shares. The divestment may signal a lack of confidence in Bank of America's future performance, potentially influencing other investors.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 6:51 pm

OVV

Ovintiv is considering selling its oil operations in the Uinta Basin for $2 billion. This move could impact the company's asset portfolio and financial strategy.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 6:25 pm

ASTS

GOOGL

LUMN

META

PINS

SIRI

TDS

TTWO

The article highlights significant options activity for 10 communication services stocks, indicating potential trading opportunities. Notable bullish and bearish sentiments are observed in options for companies like SIRI, META, GOOGL, and others.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

AFRM

AIG

BAC

MS

NU

RILY

RKT

TFC

UPST

UWMC

The article highlights unusual options activity in the financial sector, focusing on large trades by 'whales' that could indicate significant market movements. Key stocks with notable options activity include Morgan Stanley (MS), UWM Holdings (UWMC), Bank of America (BAC), American International Group (AIG), Rocket Companies (RKT), Nu Holdings (NU), Upstart Holdings (UPST), Affirm Holdings (AFRM), B. Riley Financial (RILY), and Truist Financial (TFC).

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

ADI

AVGO

COHR

MSFT

NVDA

SEDG

SMCI

SNOW

SOUN

TSM

The article highlights unusual options activity in the Information Technology sector, focusing on large trades by 'whales' in companies like NVDA, SOUN, SMCI, ADI, TSM, SNOW, AVGO, MSFT, COHR, and SEDG. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

SPY

TLT

The U.S. Treasury has successfully sold $16 billion in 20-year bonds at a high yield of 4.160%. The auction saw a bid-to-cover ratio of 2.54, with primary dealers taking 9.72%, directs 19.27%, and indirects 71%.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:03 pm

MARA

The options market for Marathon Digital Holdings (NASDAQ:MARA) shows a bearish sentiment with 55% of trades being bearish. Despite this, the stock price has risen by 3.9% to $17.06. The options activity suggests a targeted price range of $10.0 to $20.0.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:02 pm