Streetbeat News

Assets

JPM

MS

Andy Lipsky, a prominent dealmaker at JPMorgan, is leaving the firm to join rival Morgan Stanley, according to Reuters. This move could have implications for both banks' deal-making capabilities and market perception.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:14 pm

WFC

Deep-pocketed investors have shown a bearish sentiment towards Wells Fargo (NYSE:WFC), with a significant move in options trading detected by Benzinga. The activity includes 19 extraordinary options activities, with a bearish majority. The targeted price range for WFC over the last 3 months is between $37.5 and $62.5. The trading volume and RSI indicators suggest that WFC may be approaching overbought territory, with its stock price recently up by 1.34% at $59.53.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 2:03 pm

VINO

Gaucho Group Holdings has addressed the changing economic landscape in Argentina, focusing on how these shifts are positively affecting its real estate operations. The company's leadership has discussed the impact of improved financial conditions in the country, indicating a potentially favorable outlook for its business activities in the region.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:03 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has significantly outperformed the market with an annualized return of 27.89% over the past 15 years, resulting in an average annual return of 40.35%. An initial investment of $100 in SMCI 15 years ago would be worth $15,569.49 today. The company's current market capitalization stands at $50.59 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 2:01 pm

BTCUSD

NFLX

USO

Netflix's stock falls following Q1 earnings report, while US Oil remains stable despite tensions between Iran and Israel. Bitcoin sees an increase in value.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 1:58 pm

AMGN

Amgen's (NYSE:AMGN) short interest has decreased by 5.77% since the last report, with 10.47 million shares sold short, representing 1.96% of its float. This decrease in short interest could indicate a more bullish sentiment towards AMGN among traders. The current short interest is below the peer group average of 6.13%, suggesting Amgen is performing well compared to its peers in terms of market sentiment.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 1:45 pm

MUSA

Murphy USA's (NYSE:MUSA) short interest has decreased to 7.01% of its float, with 1.32 million shares sold short. This represents a 7.03% drop since the last report, requiring an average of 7.26 days for traders to cover their short positions. The decrease in short interest suggests a more bullish market sentiment towards MUSA compared to its peers, where the average short interest is 11.50%.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 1:45 pm

GTLB

GitLab's (NYSE:GTLB) short interest has increased by 27.76% since the last report, with 4.09 million shares sold short, representing 3.36% of its float. This indicates a bearish market sentiment towards GTLB, despite being lower than its peer group average of 4.37% short interest. The article suggests that an increase in short interest does not necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 1:45 pm

USO

The IMF projects a 'Full Reversal' of oil output cuts at the beginning of 2025, anticipating that OPEC+ will start to gradually increase oil production from July onwards, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 1:35 pm

KSS

Kohl's (NYSE:KSS) has seen a 6.92% increase in its short percent of float, now at 37.7% of all shares available for trading. With 29.91 million shares sold short, it would take about 5.35 days to cover all short positions. This rise in short interest indicates a more bearish market sentiment towards KSS, although it's higher than its peer group average of 7.44% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 1:30 pm