Streetbeat News

Stock Prices

Unity Software has seen unusual options activity with a mix of bullish and bearish trades. Significant trades include both calls and puts, with a price window of $15.0 to $25.0. The stock is currently trading at $15.41, down by 4.14%, and is potentially oversold. An analyst from Stifel maintains a Buy rating with a $25 price target.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:46 pm

CVX

Recent options activity for Chevron (NYSE:CVX) shows a predominantly bearish sentiment among large investors, with 75% of trades being bearish. The trades indicate a price window of $150.0 to $165.0 for Chevron. The stock is currently trading at $156.85, up by 2.3%, but RSI indicators suggest it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:46 pm

AMD

GILD

GLD

SOXX

TLT

XLE

The S&P 500 and Nasdaq 100 indices dipped from record highs due to profit-taking in chipmaker stocks and rising Treasury yields. The iShares Semiconductor ETF (SOXX) fell 2.4%, while the Energy Select Sector SPDR Fund (XLE) rose 1.8% amid surging oil prices. Long-dated Treasury yields increased, impacting the iShares 20+ Year Treasury Bond ETF (TLT), which fell 0.9%. Gold prices rose, tracked by the SPDR Gold Trust (GLD). Nvidia, Qualcomm, Micron, and Wolfspeed saw declines, while AMD surged nearly 4% due to a new partnership. Gilead Sciences soared over 8% following positive trial results for an HIV prevention injection.

Portfolio Pulse from Piero Cingari

June 20, 2024 | 5:41 pm

UAL

United Airlines expects a record-breaking July 4 weekend in 2024, with over 5 million passengers flying between June 28 and July 8. The airline anticipates more than 520,000 daily flyers and over 4,400 flights per day.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:41 pm

NNVC

NanoViricides shares are trading higher after the company announced that its ultra-broad-spectrum antiviral NV-387 was found to be effective in protecting lungs from damage in a lethally infected Influenza A H3N2 mouse model.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:40 pm

VMAR

Vision Marine Technologies shares are trading higher following the announcement of a partnership with JetRide Holding to expand in the electric boat rental market.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:39 pm

Kroger Company (NYSE: KR) reported strong Q1 earnings, surpassing analyst expectations with adjusted earnings of $1.43 per share. Digital sales grew over 8%, driving quarterly sales to $45.3 billion. Analysts from Telsey Advisory Group and Evercore ISI Group maintain an Outperform rating, with price targets of $62 and $60, respectively. Despite positive results, KR shares are trading lower by 3.35% to $50.24.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2024 | 5:35 pm

AMZN

AZO

BABA

BKNG

CMG

GME

MELI

TOL

TSLA

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades (whale alerts) for companies like TSLA, BABA, AMZN, RH, GME, CMG, MELI, BKNG, TOL, and AZO. These trades can indicate potential short-term price movements.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:35 pm

TPST

Tempest Therapeutics shares are trading lower following the announcement of data from the ongoing global randomized Phase 1b/2 clinical study for amezalpat2.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:32 pm

ASTS

Deep-pocketed investors are showing significant interest in AST SpaceMobile (NASDAQ:ASTS) with a notable increase in options trading activity. The sentiment is mixed, with 46% bullish and 46% bearish. Analysts have set an average price target of $12.95, and the stock is currently trading at $11.64, up by 2.19%.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:31 pm