Streetbeat News

Assets

MS

Morgan Stanley (NYSE:MS) has outperformed the market over the past 5 years, producing an average annual return of 15.8%, with a current market capitalization of $154.04 billion. A $1000 investment in MS stock 5 years ago would be worth $2,081.24 today.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:30 pm

BITF

CIFR

CLSK

MARA

WULF

A JPMorgan analyst noted Bitcoin's price soared to $67,600 in March, with mining profitability improving as the hash rate reached 600 EH/s, up 80% year-over-year. Marathon Digital Holdings, CleanSpark, Cipher Mining, Wulf Mining, and Bitfarms were highlighted for their market cap and performance. CleanSpark outperformed Bitcoin's return, with Marathon having the highest reported hash rate. The upcoming Bitcoin halving event is expected to cause volatility in stock performance.

Portfolio Pulse from Murtuza Merchant

April 01, 2024 | 7:16 pm

AXP

Recent unusual options activity on American Express (NYSE:AXP) indicates a bearish stance by big-money investors, with a split sentiment of 46% bullish and 53% bearish. A total of 28 uncommon options trades were spotted, with puts totaling $1,043,273 and calls at $571,557. The focus is on a price band between $160.0 and $260.0. The current stock price is $227.41, with a slight decrease of -0.12%, and an RSI suggesting a potential overbought condition. An analyst from Evercore ISI Group maintains an In-Line rating with a target price of $243.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:16 pm

NKE

Deep-pocketed investors show a bearish trend towards Nike (NKE) based on options market activity, with a notable division in sentiment: 48% bullish and 51% bearish. The options scanner revealed 27 extraordinary activities, with puts totaling $733,720 and calls at $600,136. The price band focus is between $60.0 and $140.0. Noteworthy options activities include both bullish and bearish sentiments with varying expiration dates and strike prices. Nike's current stock price is down -1.57% at $92.5, with analysts giving mixed reviews and an average price target of $114.0.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:16 pm

XRPUSD

XRP (CRYPTO: XRP) has seen a decrease of 3.13% in its price over the last 24 hours, marking a continuation of its downward trend over the past week with an 8.0% decrease from $0.66 to $0.61. The trading volume for XRP has decreased by 11.0% over the past week, while its circulating supply has increased by 0.28% to over 54.94 billion, representing 54.94% of its max supply. XRP's current market cap is ranked #6 at $33.39 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:03 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a 7.84% decrease in price over the last 24 hours, continuing a negative trend with a 14% loss over the past week. The trading volume and circulating supply have also decreased, with the current market cap ranking at #23.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:02 pm

AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a 5.24% decrease in price over the last 24 hours, continuing a negative trend with a 13.0% loss over the past week. The trading volume has decreased by 24.0%, while the circulating supply increased by 0.28%, bringing the total to 377.42 million. AVAX's market cap ranking is now #11 at $19.19 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:02 pm

DIA

IWM

QQQ

SPY

Major stock indexes have declined due to an increase in Treasury yields, affecting the performance of key ETFs like DIA, IWM, QQQ, and SPY.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:02 pm

DJT

RDDT

After a strong first quarter for the S&P 500, investors are shifting their focus towards protection against severe market swings, despite economic optimism. The options market shows a preference for hedges against extreme volatility, indicating concerns over potential 'black swan events'. Positive economic indicators and high-profile events like the Reddit Inc. IPO have fueled market gains, but increased activity in VIX call options reflects worries about future volatility, especially regarding the Federal Reserve's interest rate policies.

Portfolio Pulse from Piero Cingari

April 01, 2024 | 7:01 pm

SOLUSD

Solana (CRYPTO: SOL) has experienced a 4.3% decrease in price over the past 24 hours, continuing a weekly downtrend of -2.0%. The trading volume has decreased by 4.0%, and the circulating supply has slightly reduced by 0.17%. Currently, Solana's market cap ranks it as the 5th largest, valued at $84.19 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:01 pm