Streetbeat News

Stock Prices

RILY

B. Riley Financial's stock surged as Oaktree Capital is in talks to acquire a majority stake in two of its units. The deal values the units at $380 million, but it's not finalized yet. B. Riley's shares are at a 10-year low due to various challenges, including a suspended dividend and an SEC investigation.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 5:36 pm

ASTS

GOOGL

LUMN

META

PINS

SIRI

TDS

TTWO

The article highlights significant options activity for 10 communication services stocks, indicating potential trading opportunities. Notable bullish and bearish sentiments are observed in options for companies like SIRI, META, GOOGL, and others.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

AFRM

AIG

BAC

MS

NU

RILY

RKT

TFC

UPST

UWMC

The article highlights unusual options activity in the financial sector, focusing on large trades by 'whales' that could indicate significant market movements. Key stocks with notable options activity include Morgan Stanley (MS), UWM Holdings (UWMC), Bank of America (BAC), American International Group (AIG), Rocket Companies (RKT), Nu Holdings (NU), Upstart Holdings (UPST), Affirm Holdings (AFRM), B. Riley Financial (RILY), and Truist Financial (TFC).

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

ADI

AVGO

COHR

MSFT

NVDA

SEDG

SMCI

SNOW

SOUN

TSM

The article highlights unusual options activity in the Information Technology sector, focusing on large trades by 'whales' in companies like NVDA, SOUN, SMCI, ADI, TSM, SNOW, AVGO, MSFT, COHR, and SEDG. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

MCHP

Microchip Technology (NYSE:MCHP) has seen a 9.66% decrease in its short percent of float, now at 5.05%. This suggests a shift in market sentiment, as fewer shares are being shorted. Despite having higher short interest than its peers, this decrease could indicate a more bullish outlook.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

VKTX

Viking Therapeutics (NYSE:VKTX) has seen a 10.94% increase in its short percent of float, now at 20.48%. This is higher than its peers' average of 12.78%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

FI

Fiserv (NYSE:FI) has significantly outperformed the market over the past 15 years, with an annualized return of 18.96%. A $1000 investment in Fiserv 15 years ago would now be worth $13,558.84, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

ETN

Eaton Corp (NYSE:ETN) has significantly outperformed the market over the past decade, with an annualized return of 15.65%, resulting in a $1000 investment growing to $4,262.13. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

APDN

Applied DNA Sciences (NYSE:APDN) has seen a 6.28% increase in short interest, with 6.94% of its float sold short. This is higher than its peers' average of 4.91%. The short interest indicates bearish sentiment but doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

DWAC

Trump Media & Technology Group shares are rising as President Trump holds his first outdoor rally since an assassination attempt, coinciding with the Democratic National Convention. Additionally, Robert F. Kennedy Jr's campaign is considering a potential alliance with Trump.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:29 pm