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COP

Big money investors have shown a predominantly bearish stance on ConocoPhillips (NYSE:COP), as evidenced by recent options trading activity tracked by Benzinga. A total of 9 unusual options trades were identified, with a sentiment split of 22% bullish and 77% bearish. The trades include 5 puts and 4 calls, indicating expectations of price movements between $90.0 and $130.0. Despite this, COP's stock price is currently up 0.37% at $132.12, with some analysts maintaining positive ratings.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:32 pm

NKE

Over the past 20 years, Nike (NYSE:NKE) has delivered an average annual return of 11.91%, outperforming the market by 3.96% on an annualized basis. A $1000 investment in NKE 20 years ago would be worth $9,386.85 today. Nike's market capitalization currently stands at $137.32 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:31 pm

EQIX

Over the past 15 years, Equinix (NASDAQ:EQIX) has produced an average annual return of 18.37%, outperforming the market. A $100 investment in EQIX 15 years ago would now be worth $1,246.21. Equinix's current market capitalization stands at $74.65 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:31 pm

SPY

UNG

The latest report on USA Natural Gas Storage showed a decrease of 37 billion cubic feet, compared to the estimated decrease of 42 billion cubic feet and the prior decrease of 36 billion cubic feet. This indicates a smaller than expected drawdown in natural gas inventories.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:30 pm

BURU

NUBURU, Inc. (NYSE:BURU) announced a $3 million investment from strategic investors and initial orders from new customers in new markets. The investment, led by fintech leader Alessandro Zamboni, aims to accelerate NUBURU's growth and revenue generation. The company received an order to supply BL-300s for EV battery module production, highlighting its expansion into the sustainable energy market. NUBURU plans to call a special stockholders meeting to approve additional common stock issuance for strategic acquisitions.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:22 pm

HIMS

Financial analysts have observed a bullish trend in the options market for Hims & Hers Health (NYSE:HIMS), with 80% of trades showing bullish sentiment. The analysis highlighted 10 unusual trades, with a notable preference for puts over calls. The price target for HIMS is set between $10.0 and $17.0 based on significant investor activity. The current market status shows HIMS stock up 1.23% at $15.7, with potential overbought signals from RSI indicators. Earnings are expected in 32 days.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:19 pm

COIN

EWC

Coinbase has been registered as a Restricted Dealer in Canada, marking it as the first international and largest cryptocurrency exchange to achieve this status in the country. This follows its formal launch in Canada in August 2023 and is part of its commitment to regulatory compliance and operational excellence. Coinbase's registration is a result of collaboration with Canadian regulators, banks, investment advisors, and pension funds. A survey conducted by Coinbase found that 72% of Canadians view regulation of cryptocurrency exchanges as important, with 29% more inclined to buy cryptocurrency under more regulation. Coinbase's Canadian expansion includes partnerships, hiring local employees, and investments through Coinbase Ventures in Canadian tech companies.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:07 pm

AMD

Over the past 5 years, Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market, with an annualized return of 45.88%, turning a $1000 investment into $6,308.97. AMD's market capitalization stands at $290.81 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:02 pm

SMCI

Over the past 15 years, Super Micro Computer (NASDAQ:SMCI) has significantly outperformed the market, with an annualized return of 28.19% and an average annual return of 41.0%. A $1000 investment in SMCI 15 years ago would now be worth $174,797.64, showcasing the impact of compounded returns over time. Super Micro Computer currently has a market capitalization of $60.35 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:02 pm

BTCUSD

ETHUSD

Bitcoin and Ethereum saw gains, with Bitcoin surpassing the $66,000 mark and Ethereum trading above $3,300. Ethena emerged as the top gainer, while Core was the biggest loser in the crypto market. The rise in cryptocurrency prices followed an increase in U.S. jobless claims. The global crypto market cap rose to $2.51 trillion, marking a 0.6% increase over 24 hours.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 1:56 pm