Streetbeat News

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PSA

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years with an average annual return of 9.84%, resulting in a $1000 investment growing to $6,554.92. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:30 pm

CMCSA

Comcast's short interest has decreased by 4.58%, with 55.78 million shares sold short, representing 1.46% of its float. This is lower than its peers' average short interest of 10.02%. The decline in short interest may indicate a more bullish sentiment towards Comcast.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:30 pm

LNG

Cheniere Energy's short interest has decreased by 18.32%, with 3.51 million shares sold short, representing 1.56% of its float. This is lower than the peer average of 3.96%, indicating a more bullish sentiment towards Cheniere compared to its peers.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:30 pm

MET

MetLife's short interest has increased by 3.82%, with 7.94 million shares sold short, representing 1.36% of its float. This is below the peer group average of 2.98%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:30 pm

INTC

Intel's board director, Lip-Bu Tan, is set to leave the company. This comes at a time when Intel is facing challenges in the chipmaking industry.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 6:29 pm

CAVA

CAVA Group, Inc. (NYSE:CAVA) is experiencing volatility as it prepares to release its Q2 2024 earnings. Analysts expect EPS of $0.12 and revenue of $218.21 million. CAVA has a history of beating estimates, and Stifel analyst Chris O’Cull recently raised the price target to $110. The stock is trading above its 52-week high.

Portfolio Pulse from Dylan Berman

August 22, 2024 | 6:22 pm

ETHA

MSTX

Bloomberg ETF analysts discuss the growth and challenges of cryptocurrency ETFs, highlighting Bitcoin ETFs' significant inflows and Ethereum ETFs' struggles. They also mention the volatility of leveraged MicroStrategy ETFs.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 6:21 pm

EYEN

Eyenovia Inc (NASDAQ:EYEN) stock is trading higher after a significant drop, with a session volume much higher than average. The company announced a share offering to raise approximately $5.14 million, which will be used for product commercialization, clinical studies, and potentially repaying loans. The stock price increased by 11.8% following this news.

Portfolio Pulse from Vandana Singh

August 22, 2024 | 6:20 pm

HUBS

Deep-pocketed investors are showing a bearish sentiment towards HubSpot (NYSE:HUBS) as revealed by Benzinga's options scanner. The options activity is unusual, with 37% of investors bearish and 12% bullish. The stock is currently trading at $497.85, with analysts setting an average price target of $583.0.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:15 pm

COIN

Wealthy investors are showing interest in Coinbase Glb (NASDAQ:COIN) with a mix of bullish and bearish options trades. A total of 68 unusual options trades were identified, with a significant amount of money involved. The stock is currently trading at $199.93, down by 3.05%. Analysts have mixed ratings, with a consensus target price of $257.4.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:15 pm