Streetbeat News

Stock Prices

SPY

The market on close imbalance is reported to be $3.2 billion to the buy-side, indicating a potential increase in stock prices.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 7:51 pm

MRK

Unusual options activity has been observed for Merck & Co (NYSE:MRK), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 11 uncommon options trades, with 36% bullish and 63% bearish sentiment. The price target range for Merck & Co over the last 3 months is $90.0 to $120.0.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:48 pm

COIN

Coinbase Global (COIN) has an option alert for July 28 $75 calls at the ask with 1000 contracts at $1.72, compared to an open interest of 84.

Portfolio Pulse from Charles Gross

June 21, 2023 | 7:46 pm

ITA

LMT

PPA

RTX

XAR

An accounting error by the Pentagon has resulted in an additional $6.2 billion in military aid for Ukraine. The US has already sent over $75 billion in aid to Ukraine, with Lockheed Martin (NYSE:LMT) and Raytheon Technologies (NYSE:RTX) poised to benefit from a recent $2.1 billion Congressional arms package. Aerospace and defense ETFs, including SPDR S&P Aerospace & Defense ETF (NYSE:XAR), Invesco Aerospace & Defense ETF (NYSE:PPA), and iShares US Aerospace & Defense ETF (BATS:ITA), are trading higher.

Portfolio Pulse from Natan Ponieman

June 21, 2023 | 7:43 pm

BCHUSD

Bitcoin Cash (BCH) is trading 22.65% higher amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.

Portfolio Pulse from Henry Khederian

June 21, 2023 | 7:42 pm

MTCH

Match Group (MTCH) sees a significant increase in Aug 18 $45 call options, with 635 contracts traded at $1.72, compared to an open interest of 45. Earnings are expected on 8/1 after market close.

Portfolio Pulse from Charles Gross

June 21, 2023 | 7:42 pm

DLTR

Dollar Tree, Inc. (NASDAQ:DLTR) shares are rising after the company announced growth strategies, financial objectives, multi-year guidance, and reaffirmed its Q2 and FY 2023 guidance. The company's 2023 Investor Conference will discuss these strategies and financial outlook in detail.

Portfolio Pulse from Ryan Gustafson

June 21, 2023 | 7:40 pm

ETCUSD

Ethereum Classic (ETC) is trading higher by 5.66% amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.

Portfolio Pulse from Henry Khederian

June 21, 2023 | 7:40 pm

SPY

Atlanta Fed President Bostic stated that he does not foresee a rate cut for most of 2024, potentially impacting the stock market and ETFs like SPY.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 7:40 pm

MUFG

Mitsubishi UFJ Financial Group (MUFG) shares are trading higher due to strength in Japanese stocks.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:39 pm