Streetbeat News

Stock Prices

NKE

Deep-pocketed investors show a bearish trend towards Nike (NKE) based on options market activity, with a notable division in sentiment: 48% bullish and 51% bearish. The options scanner revealed 27 extraordinary activities, with puts totaling $733,720 and calls at $600,136. The price band focus is between $60.0 and $140.0. Noteworthy options activities include both bullish and bearish sentiments with varying expiration dates and strike prices. Nike's current stock price is down -1.57% at $92.5, with analysts giving mixed reviews and an average price target of $114.0.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:16 pm

UBER

Options market activity for Uber Technologies (NYSE:UBER) shows a bearish sentiment with 61% of investors holding bearish expectations. Notable trades include a mix of bullish, neutral, and bearish calls with strike prices ranging from $75.00 to $120.00. Uber's current market position is slightly down by -0.96% at $76.25, with analysts maintaining positive ratings, projecting a consensus target price of $91.5. The options market predicts a price range of $25.0 to $120.0 for Uber in the next three months.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:15 pm

XRPUSD

XRP (CRYPTO: XRP) has seen a decrease of 3.13% in its price over the last 24 hours, marking a continuation of its downward trend over the past week with an 8.0% decrease from $0.66 to $0.61. The trading volume for XRP has decreased by 11.0% over the past week, while its circulating supply has increased by 0.28% to over 54.94 billion, representing 54.94% of its max supply. XRP's current market cap is ranked #6 at $33.39 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:03 pm

AEON

CXAI

DOMA

IRON

NVVE

SBFM

U.S. stocks traded lower with the S&P 500, Dow, and NASDAQ all seeing declines. CXApp Inc. shares surged 145% after announcing a partnership with Google Cloud. Sunshine Biopharma and Doma Holdings also saw significant gains, while Nuvve Holding, AEON Biopharma, and Disc Medicine experienced sharp declines. Torrid Holdings reported strong Q4 results. In commodities, gold and oil prices increased.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 7:02 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a 7.84% decrease in price over the last 24 hours, continuing a negative trend with a 14% loss over the past week. The trading volume and circulating supply have also decreased, with the current market cap ranking at #23.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:02 pm

AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a 5.24% decrease in price over the last 24 hours, continuing a negative trend with a 13.0% loss over the past week. The trading volume has decreased by 24.0%, while the circulating supply increased by 0.28%, bringing the total to 377.42 million. AVAX's market cap ranking is now #11 at $19.19 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 7:02 pm

DIA

IWM

QQQ

SPY

Major stock indexes have declined due to an increase in Treasury yields, affecting the performance of key ETFs like DIA, IWM, QQQ, and SPY.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:02 pm

GOOG

GOOGL

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google's parent company, has agreed to delete data collected from users in 'incognito' mode from 2016 to 2023, following a lawsuit. Despite the lawsuit, Google's stock rose 2.5% on Monday. The settlement includes a $5 billion resolution and changes to Chrome's privacy disclosures and cookie settings.

Portfolio Pulse from Natan Ponieman

April 01, 2024 | 7:01 pm

SNAP

There was a significant option trading activity for Snap Inc. (SNAP), involving a sweep of 4,378 May 17 $15 call options at $0.411 each, compared to an open interest of 170,332. This activity occurred with SNAP's stock price at $11.275, ahead of their earnings announcement estimated for April 25 after the market closes.

Portfolio Pulse from Charles Gross

April 01, 2024 | 7:01 pm

DJT

RDDT

After a strong first quarter for the S&P 500, investors are shifting their focus towards protection against severe market swings, despite economic optimism. The options market shows a preference for hedges against extreme volatility, indicating concerns over potential 'black swan events'. Positive economic indicators and high-profile events like the Reddit Inc. IPO have fueled market gains, but increased activity in VIX call options reflects worries about future volatility, especially regarding the Federal Reserve's interest rate policies.

Portfolio Pulse from Piero Cingari

April 01, 2024 | 7:01 pm