Streetbeat News

Assets

BLUE

bluebird bio (NYSE:BLUE) has seen a 4.01% increase in its short percent of float, now at 15.84% with 28.59 million shares sold short. This indicates a bearish market sentiment, although it's higher than its peer group average of 7.02%. The coverage time for short positions is 3.42 days.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 8:00 pm

BBAI

BigBear.ai Holdings (NYSE:BBAI) has seen a 6.4% increase in its short percent of float, now at 19.12% with 9.80 million shares sold short. This indicates a bearish market sentiment, although it's higher than its peer group average of 2.45%. The coverage time for these short positions is approximately 2.96 days.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 8:00 pm

RUSHA

Rush Enterprises (NYSE:RUSHA) has seen a decrease in short interest, now at 6.56% of its float, down 6.42% from the last report. With 3.00 million shares sold short, it would take about 7.5 days for traders to cover their positions. This decline in short interest could indicate a more bullish sentiment towards RUSHA compared to its peers, where the average short interest is 3.66%.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 8:00 pm

SPY

Despite higher interest rates, consumers are in good shape, benefiting savers and those with assets like stocks and real estate. Higher net worth and interest income suggest economic strength, despite fears of a recession and a market correction in July 2023. The SPDR S&P 500 ETF (SPY) experienced a near 10% correction but recovered as markets rallied into 2024. The resilience of the U.S. consumer is highlighted amidst ongoing high interest rates.

Portfolio Pulse from Neil Dennis

March 22, 2024 | 7:47 pm

UNH

UnitedHealth Group (NYSE:UNH) has seen significant options trading activity, with a mix of bullish and bearish sentiment among traders. Analysis of 15 unusual trades shows 46% bullish and 53% bearish tendencies, with notable trades in both puts and calls within a price window of $480.0 to $550.0. The company, a major health insurer with 53 million members globally, is currently trading at $494.0, up 0.47%, with an RSI suggesting it may be approaching oversold territory. An earnings release is anticipated in 25 days.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:45 pm

FLOKIUSD

PEPEUSD

Leshka.eth shared her journey of turning $94 into $1.14 million in 3 months by trading meme coins, emphasizing the importance of community support, influencer endorsements, and strategic buying and selling. Despite the high risk and volatility in meme coin trading, she highlights the potential for significant profits. The meme coin market recently saw a 5.3% drop, but coins like Floki, Pepe, and Dogwifhat have seen substantial gains and entered the $2 billion market cap club.

Portfolio Pulse from Khyathi Dalal

March 22, 2024 | 7:43 pm

AMZN

GOOGL

Anthropic is considering a range of sovereign wealth funds to purchase FTX's stake valued at over $1 billion, according to CNBC. This move could significantly impact the financial and tech sectors, particularly companies like Amazon (AMZN) and Alphabet (GOOGL), which are indirectly related to the broader tech and investment ecosystem.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:32 pm

IVVD

Invivyd announced that its product will be available in the U.S. very soon and expects its current cash reserves to fund operations and capital expenditures into the fourth quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:08 pm

ICPUSD

Internet Computer's (CRYPTO: ICP) price has increased by 12.54% in the last 24 hours, reaching $13.68. This marks a continuation of its positive trend, with a 4.0% gain over the past week from $13.15. The coin's all-time high is $700.65. Trading volume for ICP has risen by 19.0% over the past week, while the circulating supply has slightly decreased by 0.07%, totaling 461.16 million. ICP's current market cap ranking is #23, valued at $6.29 billion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:03 pm