Streetbeat News

Stock Prices

META

A large bullish position on Meta Platforms (NASDAQ:META) has been spotted on publicly available options history. Benzinga's options scanner identified 17 options trades for Meta Platforms, with a total amount of $1,308,385 in calls and $104,550 in puts. Whales have been targeting a price range of $125 to $340 for Meta Platforms over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 1:46 pm

TSLA

Unusual options activity has been observed for Tesla (NASDAQ:TSLA), with 67 uncommon trades spotted, 55% bullish and 44% bearish. Whales have been targeting a price range of $170 to $250 for Tesla over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 1:46 pm

DKS

SKX

UA

UAA

Footwear and athletic apparel-related stocks are trading lower due to Foot Locker's lowered financial outlook.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 1:46 pm

BTCUSD

ETHUSD

Bitcoin dropped below $27,000, while Ethereum remained above $1,800. SingularityNET was the top gainer, and Pepe was the biggest loser. The global crypto market cap fell to $1.13 trillion, with a 24-hour decline of 0.6%.

Portfolio Pulse from Lisa Levin

May 19, 2023 | 1:41 pm

AMD

ARKK

GOOG

GOOGL

META

MSFT

NVDA

Bank of America's chief investment strategist Michael Hartnett warns that AI is a 'baby bubble' with inflationary effects for the economy. He compares the AI-stocks' surge to previous market bubbles like ARKK Innovation ETF after 2019, FAANGs after 2016, and dot-com stocks in the 2000s. Hartnett advises investors to expect regulation and higher taxes, and offers three lessons from previous bubbles.

Portfolio Pulse from Piero Cingari

May 19, 2023 | 1:40 pm

PACW

PacWest Bancorp (PACW) experienced a notable options activity with 1,000 June 2 $7 calls being purchased near the ask price at $0.6, compared to an open interest of 782 contracts. The stock is currently trading at $6.21.

Portfolio Pulse from Charles Gross

May 19, 2023 | 1:38 pm

ARTNA

Artesian Resources Corporation (ARTNA) has priced a public offering of 695,650 shares of Class A Non-Voting Common Stock at $50 per share, totaling $34.8 million. The offering is expected to close on May 23, 2023. The company plans to use the proceeds for general corporate purposes, capital investment, and debt repayment.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 1:35 pm

GOOG

MSFT

SSNLF

Google (Alphabet Inc) breathes a sigh of relief as Samsung Electronics decides not to replace Google with Microsoft's Bing as the default search engine on its smartphones for now. Samsung suspended an internal review exploring the switch, citing concerns over market perception and impact on business relations with Google.

Portfolio Pulse from Anusuya Lahiri

May 19, 2023 | 1:34 pm

AMD

Traders are circulating negative comments from Cleveland Research about AMD, potentially impacting the stock price.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 1:33 pm

AMZN

BABA

BIDU

TCEHY

Alibaba plans to fully spin out its $12 billion cloud business, which analysts value at over $30 billion. The cloud division has been losing market share to rivals amid China's tech sector crackdown. Analysts have mixed opinions on the move, with some lowering their price targets for Alibaba stock.

Portfolio Pulse from Anusuya Lahiri

May 19, 2023 | 1:29 pm