Streetbeat News

Stock Prices

BLOK

LTPZ

MARA

MSTR

USO

ZROZ

A screening of small-cap ETFs revealed the week's winners and losers. Amplify Transformational Data Sharing ETF (BLOK) and The United States Oil Fund LP (USO) were the winners, with BLOK up 6.55% and USO up 5.74% over the week. The losers were PIMCO 25+ Year Zero Coupon US Treasury Index ETF (ZROZ) and PIMCO 15+ Year US TIPS Index ETF (LTPZ), down 3.69% and 3.34% respectively. BLOK's largest holdings are MicroStrategy Incorporated Class A (MSTR) and Marathon Digital Holdings Inc (MARA).

Portfolio Pulse from Johnny Rice

July 12, 2023 | 7:55 pm

BLOK

LTPZ

USO

ZROZ

A screening of small-cap ETFs revealed the week's winners and losers. Amplify Transformational Data Sharing ETF (BLOK) and The United States Oil Fund LP (USO) had positive returns, with BLOK up 6.55% and USO up 5.74%. BLOK's largest holdings are MicroStrategy Incorporated Class A (MSTR) and Marathon Digital Holdings Inc (MARA). The losers were PIMCO 25+ Year Zero Coupon US Treasury Index ETF (ZROZ) and PIMCO 15+ Year US TIPS Index ETF (LTPZ), down 3.69% and 3.34% respectively.

Portfolio Pulse from Johnny Rice

July 12, 2023 | 7:54 pm

BYND

Beyond Meat, Inc. (NASDAQ:BYND) shares surged following the announcement that its Beyond Steak product is expanding distribution to multiple chains. The product has received positive reviews and won the PEOPLE Food Awards 2023. Recent data shows that more than 50% of households that bought Beyond Steak were new to the plant-based meat category and 2 out of 3 households repurchased the product.

Portfolio Pulse from Ryan Gustafson

July 12, 2023 | 7:53 pm

CEI

Camber Energy Inc's (CEI) shares are trading higher on abnormally high volume amid increased retail investor attention. The company's shares are down more than 94% over the last year and more than 40% in the last three months. Last month, NYSE American accepted the company's business plan to regain compliance with the exchange's continued listing requirements. The stock is seeing increased message volume across social media platforms. In December, the SEC brought charges against eight individuals in a $100 million securities fraud scheme in which they used Twitter to manipulate stock prices, including Camber Energy's.

Portfolio Pulse from Adam Eckert

July 12, 2023 | 7:52 pm

UPS

A significant amount of unusual options activity has been detected for United Parcel Service (UPS), with a bearish stance being taken by a majority of investors. Of the 25 strange trades detected, 60% were bearish and 40% bullish. The total amount for puts was $375,610 and for calls was $932,625. Whales have been targeting a price range from $100.0 to $210.0 for UPS over the last 3 months. Morgan Stanley has downgraded UPS to Underweight with a price target of $100.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:49 pm

NVO

A significant bearish stance has been taken on Novo Nordisk (NYSE:NVO) as indicated by unusual options activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The whales have been targeting a price range from $90.0 to $185.0 for Novo Nordisk over the last 3 months. The current price of NVO is up 1.69% at $154.82.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:49 pm

COP

A significant bullish stance has been taken on ConocoPhillips (NYSE:COP) with unusual options activity spotted. The sentiment among these big-money traders is split between 72% bullish and 27% bearish. The whales have been targeting a price range from $70.0 to $120.0 for ConocoPhillips over the last 3 months. The current price of COP is up 1.77% at $109.34. Citigroup, Wolfe Research, Piper Sandler, and Mizuho have maintained their positive ratings on ConocoPhillips with price targets ranging from $120 to $140.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:49 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) is trading lower by 1.6% due to a shift in investor risk perception following a lighter-than-expected June inflation report. Lower inflation may create doubts about the long-term stability and adoption of cryptocurrencies, further impacting the price of Shiba Inu.

Portfolio Pulse from Henry Khederian

July 12, 2023 | 7:44 pm

DOGEUSD

Dogecoin (CRYPTO: DOGE) is trading lower by 1.5% due to a lighter-than-expected June inflation report. Cryptocurrencies, often seen as a hedge against inflation, can see reduced demand when inflation is lower than expected. The U.S. CPI inflation in June decelerated more than anticipated, leading to expectations of a single rate hike by the Federal Reserve.

Portfolio Pulse from Henry Khederian

July 12, 2023 | 7:44 pm

LTCUSD

Litecoin (LTC) is trading lower by 2.52% to $94.60 as stocks rise following a lighter-than-expected June inflation report. Cryptocurrencies like Litecoin, often considered as potential hedges against inflation, may see reduced demand when inflation is lower than expected. The U.S. CPI inflation in June decelerated more than anticipated, reinforcing investor expectations of a single rate hike by the Federal Reserve.

Portfolio Pulse from Henry Khederian

July 12, 2023 | 7:42 pm