Streetbeat News

Stock Prices

VALE

Vale's (NYSE:VALE) short percent of float has risen 24.42% since its last report, with 46.31 million shares sold short, which is 1.07% of all regular shares available for trading. It would take traders 2.3 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Vale's peer group average for short interest as a percentage of float is 3.82%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 4:45 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares are trending on social media and have fallen by nearly 7% for the week. Despite releasing its Q2 financial report in line with expectations and announcing a $1 billion share buyback program, the shares have trended downward. The stock is also seeing above-average trading volume with over 41 million shares traded in the session.

Portfolio Pulse from Erica Kollmann

August 18, 2023 | 4:28 pm

RKLB

Rocket Lab has signed a deal with earth imaging company iQPS to launch an Earth observation satellite. This news has led to a rise in Rocket Lab's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 4:19 pm

NEPT

Neptune Wellness Solutions reported Q1 results and entered into a binding term sheet with Morgan Stanley, providing the option to exchange the existing debt of Sprout Organics. This news led to a rise in Neptune's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 4:17 pm

NKE

A whale investor has taken a bearish stance on Nike (NYSE:NKE), with 61% of the spotted trades being bearish and 38% bullish. The total amount for puts is $600,824 and for calls is $168,228. Whales have been targeting a price range from $90.0 to $107.0 for Nike over the last 3 months. The current price of NKE is down -0.66% at $104.36. Next earnings are expected in 41 days.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 4:16 pm

FDX

A significant bearish stance on FedEx (NYSE:FDX) has been observed through unusual options activity. The sentiment among these big-money traders is 5% bullish and 94% bearish. The whales have been targeting a price range from $210.0 to $280.0 for FedEx over the last 3 months. Currently, the price of FDX is down -0.69% at $263.08. Stephens & Co. downgraded its action to Overweight with a price target of $290.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 4:16 pm

AZN

AstraZeneca has seen a significant increase in call options for September 15 at $70, with 2594 contracts traded near the ask price, compared to an open interest of 952. The reference price is $68.4.

Portfolio Pulse from Charles Gross

August 18, 2023 | 4:15 pm

DDOG

TD Cowen has initiated coverage on Datadog with an Outperform rating, leading to a rise in Datadog's stock price.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 4:09 pm

BX

The article corrects the ticker symbol for Blackstone, which is 'BX'.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 4:08 pm

BX

Investor Business Daily SwingTrader has reportedly purchased stock in Blackstone. No further details about the transaction were provided.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 4:08 pm