Streetbeat News

Stock Prices

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 12th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for each asset, advising traders to monitor these stocks closely for breakouts or reversals. Additionally, the memo highlights the importance of staying alert to market changes and mentions upcoming economic data releases.

Portfolio Pulse from RIPS

February 12, 2024 | 3:38 pm

BMR

NVDA

Beamr Imaging Ltd. (NASDAQ:BMR) shares surged after announcing a collaboration with Nvidia Corporation (NASDAQ:NVDA) to present joint research on automated video modernization at the ACM Mile-High-Video 2024 conference. The research focuses on transitioning video libraries to the AV1 format using Nvidia's hardware, addressing challenges of compute power and video quality maintenance. Beamr's stock has seen a significant increase, trading up 311% at $8.68.

Portfolio Pulse from Erica Kollmann

February 12, 2024 | 3:37 pm

CLSK

MARA

RIOT

Shares of Bitcoin mining companies Marathon Digital Holdings Inc (MARA), Riot Platforms Inc (RIOT), and CleanSpark Inc (CLSK) are trading higher amid a rise in Bitcoin prices and earnings optimism. Bitcoin's price increase is attributed to institutional adoption and excitement over the upcoming halving event. CleanSpark's recent earnings report and the anticipation of Riot's and Marathon's upcoming earnings are also influencing stock prices.

Portfolio Pulse from Adam Eckert

February 12, 2024 | 3:33 pm

BITF

BTDR

CAN

CIFR

CLSK

HUT

MARA

MSTR

RIOT

WULF

Crypto-related stocks, including BITF, BTDR, CAN, CIFR, CLSK, HUT, MARA, MSTR, RIOT, WULF, are trading higher due to an increase in Bitcoin's value.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 3:31 pm

AMAT

Applied Materials (NASDAQ:AMAT) has seen unusual options activity, indicating a split sentiment among big-money traders, with 54% bullish and 45% bearish. A total of 11 options trades were spotted, focusing on a price band between $180.0 and $260.0. The company, a leading semiconductor wafer fabrication equipment manufacturer, has its next earnings expected in 3 days. Analysts have mixed views, with an average target price of $166.67, varying from $140 to $180.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 3:30 pm

IBM

Financial analysts have observed unusual options activity on IBM, indicating a bearish sentiment despite a majority of trades being calls. The activity suggests a price target range of $160 to $210 for IBM in the next three months. The volume and open interest trends in options trading provide insights into market liquidity and interest. IBM's current stock price is slightly down, with an RSI indicating it may be approaching overbought territory. Analyst ratings on IBM are generally positive, with an average target price of $196.6, suggesting optimism about the company's future performance.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 3:30 pm

CSCO

Deep-pocketed investors have shown a bullish sentiment towards Cisco Systems (NASDAQ:CSCO), with a significant surge in options activity detected by Benzinga's options scanner. The activity includes 8 notable options trades, with 75% being bullish and 25% bearish. The trades target a price range of $45.0 to $60.0 for CSCO over the next 3 months. Currently, CSCO's stock is slightly down by -0.18%, trading at $50.04, with an anticipated earnings release in 2 days.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 3:30 pm

MU

Micron Technology (NASDAQ:MU) has significantly outperformed the market with an average annual return of 24.27% over the past 15 years, turning a $100 investment into $2,601.97 today. The company currently has a market capitalization of $94.36 billion.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 3:30 pm

MRNA

Over the past 5 years, Moderna (NASDAQ:MRNA) has outperformed the market with an annualized return of 19.91%, averaging 32.47% annually. An investment of $1000 in MRNA 5 years ago would now be worth $4,449.14. The company's current market capitalization stands at $33.36 billion.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 3:30 pm

IONM

Assure Holdings announced it has entered into a definitive Agreement and Plan of Merger with Danam Health, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 3:27 pm