Streetbeat News

Assets

ADBE

MSFT

NVDA

The article discusses the impact of a $5 trillion quadruple witching event on the stock market, highlighting Microsoft's breakout amidst NVIDIA's pullback, and Adobe's stock fall due to AI competition. It also covers Japan's wage negotiations potentially affecting the Bank of Japan's interest rate policy, early trade money flows in major tech stocks and ETFs, and Bitcoin whales liquidating $500M. The article advises investors on protection strategies amidst market volatility.

Portfolio Pulse from The Arora Report

March 15, 2024 | 3:22 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has seen a significant increase in options activity, with a bearish sentiment from big-money investors. Benzinga's options scanner revealed 10 unusual trades, with a split sentiment of 40% bullish and 60% bearish. The trades include 4 puts and 6 calls, targeting a price range of $160.0 to $170.0 for TMUS over the last 3 months. The company, a major wireless carrier in the U.S., is currently trading at $163.65, up by 0.49%, with an anticipated earnings release in 41 days.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:16 pm

MO

Financial analysts have observed significant activity in Altria Group's (NYSE:MO) options, with an equal split between bullish and bearish sentiments. The analysis highlighted 10 unusual trades, evenly divided between puts and calls, targeting a price range of $40.0 to $45.0. Altria Group, a leading tobacco company with interests in cannabis and vaping, is currently trading at $43.9, experiencing a slight decrease. The company's diverse portfolio includes Philip Morris USA and a 42% stake in Cronos, among others.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:16 pm

STXUSD

Cryptocurrency Stacks (STX) experienced a 3.83% decrease in price over the last 24 hours, continuing a weekly downward trend of -3.0%. Despite the price drop, trading volume for STX has increased by 36.0% over the past week. The circulating supply of STX decreased by 1.12%, now at 1.45 billion, which is 79.54% of its maximum supply. Stacks's market cap ranking is currently #32, with a valuation of $4.01 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:03 pm

XLMUSD

Cryptocurrency Stellar (XLM) experienced a 7.42% price decrease over the past 24 hours, continuing a weekly downtrend of -5.0%. The trading volume for Stellar has increased by 55.0% over the past week, and its circulating supply has grown by 0.28% to over 28.66 billion. Stellar's market cap ranking is now #36 at $3.82 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:02 pm

ATOMUSD

Cosmos Hub's (CRYPTO: ATOM) price has decreased by 7.93% over the past 24 hours to $12.59, continuing a weekly downward trend of -6.0%. The trading volume has increased by 76.0% over the past week, with the circulating supply rising to 390.33 million. ATOM's market cap ranking is now #27 at $4.88 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:02 pm

ICPUSD

Internet Computer's (CRYPTO: ICP) price has decreased by 7.37% in the last 24 hours, reaching $12.87. Over the past week, it has seen an 11.0% decline from $14.5. The trading volume for ICP has increased by 48.0% over the same period, with its circulating supply now at 460.71 million. The current market cap ranking for ICP is #23, valued at $5.89 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:01 pm

AXP

American Express (NYSE:AXP) has seen a 10.56% increase in short interest since its last report, with 8.99 million shares sold short, representing 1.57% of its float. This indicates a bearish sentiment among traders, although it's below the peer group average of 5.66%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearish sentiment.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:00 pm

ZS

Zscaler (NASDAQ:ZS) has significantly outperformed the market in the last 5 years, with an annualized return of 23.64%, turning a $100 investment into $291.61. The company's market capitalization stands at $29.82 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:00 pm

CYTK

Over the past 10 years, Cytokinetics (NASDAQ:CYTK) has outperformed the market with an annualized return of 20.57%, turning a $100 investment into $642.82. The company now has a market capitalization of $6.54 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 3:00 pm