Streetbeat News

Stock Prices

CLSK

Cleanspark (NASDAQ:CLSK), a bitcoin mining company, has seen a surge in options activity, indicating a bullish stance by significant investors. Benzinga's options scanner revealed 14 uncommon trades, with a sentiment split of 57% bullish. The trades aim for a price range of $2.5 to $37.0 for CLSK. Notable options activity includes both calls and puts with varying sentiments and strike prices. The company's stock is up 5.21%, with a current price of $16.77. Two market experts have issued ratings, with a consensus target price of $21.0. HC Wainwright & Co. downgraded CLSK to Buy with a target price of $27, while JP Morgan maintains a Neutral rating with a target price of $15.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:45 pm

IYF

JPM

XLF

JPMorgan Chase & Co has unveiled IndexGPT, a new AI tool developed using OpenAI's GPT-4 model for creating thematic investment baskets. This tool identifies companies related to emerging trends like cloud computing and e-sports. The launch signifies a shift towards AI-driven investment strategies. Other major banks like Morgan Stanley, Goldman Sachs, and Citigroup are also exploring AI applications. Despite a recent decline in interest for thematic funds, IndexGPT aims to enhance thematic representation and targets institutional clients. JPMorgan's stock is currently trading lower by 0.57% at $190.57.

Portfolio Pulse from Shivani Kumaresan

May 03, 2024 | 5:43 pm

CRBG

Corebridge Financial's stock is trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:37 pm

APTV

Aptiv's stock price increased following Baird's decision to maintain a Neutral rating on the company while raising its price target from $86 to $90.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:36 pm

AAPL

QCOM

Semiconductor and chip stocks are experiencing an uptick due to overall market strength and positive earnings from Qualcomm. Additionally, Apple's performance is contributing to a more favorable tech sentiment, positively impacting the sector.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:35 pm

AMGN

ARDX

BDX

BMY

DXCM

HROW

LLY

MDGL

TMDX

Today's session highlighted significant whale activity in the health care sector, focusing on options trading for stocks like BMY, ARDX, AMGN, BDX, HROW, CI, MDGL, DXCM, LLY, and TMDX. The trades varied in sentiment, with some being bullish and others bearish, across a range of expiration dates and strike prices. This activity could indicate upcoming volatility or trading opportunities in these stocks.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:35 pm

ABNB

AMZN

BABA

CAVA

CVNA

HOG

KSS

TJX

TSLA

Today's session highlighted significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. The activity involved both bullish and bearish sentiments across various expiration dates and strike prices for companies like TSLA, TJX, HOG, BABA, CVNA, CAVA, ABNB, KSS, AMZN, and FL. This options activity could suggest market expectations and investor strategies regarding these stocks.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:35 pm

AAPL

AMD

BILL

ENPH

FROG

NET

NVDA

PLTR

SEMR

SPT

Today's session highlighted significant whale activity in the options market for 10 Information Technology stocks, indicating potential trading opportunities. Notable movements include bearish call option sweeps for NVDA, AMD, PLTR, and ENPH, a bullish call sweep for AAPL, bearish put trades for FROG, SPT, and BILL, and bullish put sweeps for NET and SEMR. These activities suggest varied investor sentiment across these stocks, with significant trades made in anticipation of future price movements.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:35 pm

CAH

Cardinal Health's stock trades lower as Baird maintains an Outperform rating but reduces its price target from $134 to $128.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:35 pm

DVA

DaVita shares declined after initially trading higher post-Q1 financial results announcement.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:32 pm