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SPY

Fed's Daly comments on economic progress, highlighting a supply and demand imbalance in the housing market. Daly notes the economy is improving and suggests a path for interest rate adjustments within the year, though not immediately.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 5:45 pm

SNV

Synovus Financial Corp's (NYSE:SNV) short interest has decreased by 24.79% since the last report, with 5.78 million shares sold short, representing 4.43% of its float. The current short interest suggests a bullish sentiment among investors, as it takes an average of 3.4 days to cover short positions. Synovus has a higher short interest compared to its peer group average of 3.92%, indicating more bearish sentiment towards it than its peers.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:45 pm

NNN

NNN REIT (NYSE:NNN) has seen an 8.09% increase in its short percent of float since the last report, with 3.92 million shares sold short, representing 2.94% of available shares. It would take about 2.53 days to cover these short positions. This rise in short interest indicates a more bearish market sentiment towards NNN REIT, although it has less short interest compared to its peer group average of 5.48%.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:45 pm

BTCUSD

ETHUSD

Bitcoin and Ethereum have both experienced significant price drops, falling below critical support levels at $68,330 and $3,460-$3,500, respectively. This downturn is attributed to stronger growth and inflation data influencing market sentiment and expectations for interest rate cuts. Ethereum faces additional challenges with weakened fundamentals and potential overvaluation, while the crypto market adjusts to macroeconomic shifts and a possible change in Federal Reserve's monetary policy.

Portfolio Pulse from Murtuza Merchant

April 02, 2024 | 5:36 pm

BIDU

GOOG

GOOGL

META

NFLX

RBLX

SNAP

TKO

TTD

Today's session highlighted significant options activity for 10 communication services stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and can signal shifts in market sentiment. The stocks involved include GOOGL, T, NFLX, META, TKO, BIDU, SNAP, GOOG, RBLX, and TTD, with various sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:35 pm

ASO

BABA

CVNA

DASH

LAD

PVH

RIVN

TSLA

Today's whale activity in the Consumer Discretionary sector highlighted significant options trading in stocks like TSLA, RIVN, ASO, SN, CVNA, BABA, LAD, PVH, JD, and DASH. The trades varied in sentiment from bullish to bearish, with notable volumes and strike prices. This activity could indicate potential market movements or investor sentiment towards these stocks.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:35 pm

AAPL

AMD

CIFR

CLSK

MSFT

NET

NVDA

PLTR

SMCI

Today's whale activity in the Information Technology sector shows significant options trading on stocks like NVDA, AMD, MU, MSFT, AAPL, CLSK, PLTR, SMCI, CIFR, and NET. The trades indicate varying sentiments, with bullish calls on NVDA, AMD, MSFT, and SMCI, a neutral stance on AAPL and PLTR, and bearish sentiment on MU, CLSK, CIFR, and NET. The options activity, including both call and put options with varying expiration dates and strike prices, suggests traders are positioning for potential moves in these stocks.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:35 pm

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) has significantly outperformed the market with an annualized return of 18.07% over the past 5 years, resulting in an average annual return of 30.45%. An investment of $1000 in FCNCA 5 years ago would be worth $3,789.12 today. The company currently has a market capitalization of $23.22 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:30 pm

Over the past decade, Edwards Lifesciences (NYSE:EW) has delivered an impressive annualized return of 22.37%, outperforming the market by 11.54%. A $100 investment in EW 10 years ago would now be worth $762.74, showcasing the significant impact of compounded returns on investment growth. Edwards Lifesciences currently boasts a market capitalization of $56.05 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:30 pm

QLYS

Qualys, Inc. (NYSE:QLYS) has seen a 9.91% increase in its short percent of float since the last report, reaching 11.76% of all shares available for trading. With 3.79 million shares sold short, it would take about 7.49 days for traders to cover their short positions. This rise in short interest indicates a more bearish market sentiment towards QLYS, although it doesn't necessarily predict a price drop. Compared to its peers, Qualys has a significantly higher short interest, with the average for its peer group being 3.91%.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:15 pm