Streetbeat News

Products Services

MARA

Marathon Digital Holdings (NASDAQ:MARA) shares are trading higher due to a rebound in Bitcoin prices and positive updates on their Bitcoin production and mining operations for July 2024. The company mined 692 Bitcoin, a 17% increase from June, and reported a total holding of 20,818 Bitcoin. The average operating hash rate increased by 5%, and the company energized 5,000 new miners while optimizing its fleet.

Portfolio Pulse from Dylan Berman

August 08, 2024 | 5:46 pm

OXY

Occidental Petroleum (OXY) anticipates steady activity in the DJ Basin in the second half of 2024, as discussed in their recent conference call.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 5:40 pm

OXY

Occidental Petroleum (OXY) announced that its target of 170,000 barrels per day from CrownRock has been delayed due to operational issues. This was disclosed during a conference call webcast.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 5:36 pm

BABA

CMG

CVNA

DUOL

EXPE

HD

LVS

MCD

TSLA

W

The article highlights unusual options activity for 10 consumer discretionary stocks, providing insights into potential trading opportunities. The stocks mentioned include TSLA, EXPE, LVS, CMG, DUOL, HD, BABA, W, CVNA, and MCD, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 5:35 pm

BPMC

CVS

DHR

HROW

LLY

MRNA

NTRA

PFE

QDEL

UNH

The article highlights significant options activity in the Health Care sector, focusing on trades involving companies like PFE, NTRA, UNH, CVS, MRNA, QDEL, HROW, BPMC, LLY, and DHR. These activities include both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 5:35 pm

ENPH

RAYS

TAN

Enphase Energy, Inc. (NASDAQ: ENPH) has introduced new North American Charging Standard (NACS) connectors for its IQ EV Chargers, enhancing compatibility with Tesla and other NACS-enabled EVs. This move comes after the company missed Q2 revenue and EPS estimates. ENPH shares are trading higher, up 4.77% at $108.35. Investors can also gain exposure through Invesco Solar ETF (NYSE: TAN) and Global X Solar ETF (NASDAQ: RAYS).

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 5:21 pm

APLS

BIOVF

Apellis Pharmaceuticals and Swedish Orphan Biovitrum released positive Phase 3 study results for pegcetacoplan in treating rare kidney diseases. The study met its primary endpoint, showing a significant reduction in proteinuria. Both companies plan to submit marketing applications in 2025.

Portfolio Pulse from Vandana Singh

August 08, 2024 | 4:53 pm

IBIT

Bryn Talkington announced on CNBC that she has added to her position in the iShares Bitcoin Trust (IBIT).

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:49 pm

ORGN

Origin Materials shares are trading higher after the company announced a partnership with Reed City Group to mass produce PET caps and closures in North America.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:44 pm

MORT

REM

REZ

RKT

UWMC

XHB

Mortgage rates have fallen to their lowest levels in over a year, driven by expectations of Federal Reserve rate cuts. This has increased homebuyers' purchasing power and boosted refinancing applications. Goldman Sachs has revised its home price appreciation forecasts upwards for 2024 and 2025. Mortgage-linked stocks and ETFs, including REZ, MORT, REM, RKT, UWMC, and XHB, have seen gains as a result.

Portfolio Pulse from Piero Cingari

August 08, 2024 | 4:42 pm