Streetbeat News

Stock Prices

AMZN

BKNG

HIBB

LULU

NIO

RIVN

RRR

SBUX

TSLA

ULTA

Today's whale activity in the Consumer Discretionary sector highlighted significant options trading across several companies, indicating varied market sentiments. Notably, bearish sentiment was observed in TSLA, RIVN, NIO, SBUX, LULU, and BKNG through put trades and sweeps. Conversely, bullish sentiment was seen in HIBB and ULTA through call trades, while AMZN's call trade was neutral, and RRR's call sweep was bearishly inclined.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 5:35 pm

AAPL

MSFT

NVDA

Today's session highlighted significant options activity for 10 Information Technology stocks, indicating whale alerts that could signal potential trading opportunities. Notable activities include bearish put option sweeps for NVDA, ARM, INTC, and FTNT, and bearish call option sweeps for AAPL, SNOW, and TSM. Conversely, bullish sentiments were observed in MSFT and MARA call trades, and a bullish put sweep for SMCI. These movements suggest varying investor expectations and market sentiments towards these stocks.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 5:35 pm

IBTA

Ibotta's shares are trading lower after their initial public offering (IPO) on Thursday, indicating a less favorable market reception.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 5:34 pm

TJX

$1000 invested in TJX Companies (NYSE:TJX) 20 years ago would be worth $14,466.46 today, showcasing an average annual return of 14.28% and outperforming the market by 6.65% annually. TJX's market capitalization stands at $105.06 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 5:32 pm

CGC

STZ

Canopy Growth Corporation (CGC) has taken a significant step towards entering the US THC market by creating a new class of exchangeable shares, facilitating the acceleration of its US strategy. This move, approved by shareholders, allows for the conversion of common shares held by Constellation Brands Inc's (STZ) subsidiaries into exchangeable shares. The anticipation of cannabis reclassification by the DEA could further enhance Canopy Growth's position in the US market, potentially improving cash flow for its acquisitions due to regulatory changes.

Portfolio Pulse from Jelena Martinovic

April 19, 2024 | 5:28 pm

EGOX

ISPC

RWOD

SBFM

SMCI

Super Micro Computer, Inc. (SMCI) shares fell by 13.2% after the company announced its third-quarter earnings date without providing preliminary estimates, unlike the previous quarter. Other stocks showed significant movement, with notable gainers including Next.e.GO N.V. (EGOX) and Redwoods Acquisition Corp. (RWOD), and losers like Sunshine Biopharma, Inc. (SBFM) and iSpecimen Inc. (ISPC).

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 5:25 pm

BTCUSD

Industry leaders predict significant market shifts due to the upcoming Bitcoin halving, with expectations of a price surge and concerns over mining centralization. Jesper Johansen of Northstake anticipates strong upward price pressures post-halving, citing increased demand from Spot Bitcoin ETFs. Andreas Brekken sees the halving as a pivotal moment that could push Bitcoin towards $200,000. Concerns over mining centralization and its risks to Bitcoin's decentralized nature were highlighted, alongside the potential of Layer 2 solutions to diversify Bitcoin's use cases.

Portfolio Pulse from Murtuza Merchant

April 19, 2024 | 5:24 pm

TSLA

General Motors (GM) and Ford Motor (F) are facing challenges in the EV market, similar to Tesla (TSLA), which has seen a significant share price drop. Both companies are focusing on gas-powered trucks and SUVs amid the EV sales slump. GM needs to address its strategy in China and the performance of its Cruise Robotaxi division, while Ford is slowing down its EV programs due to profitability concerns, delaying the launch of new EV trucks and focusing on hybrids.

Portfolio Pulse from Upwallstreet

April 19, 2024 | 5:17 pm

RMGC

RMG Acquisition Corp. III has reversed its decision to dissolve and liquidate by April 22, 2024, previously announced on April 8, 2024. Instead, the company will continue seeking an initial business combination and has decided not to proceed with the redemption of its Class A ordinary shares at $10.00 each. It is also appealing the decision to delist its securities from Nasdaq and expects to remain listed during the appeal process.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 5:15 pm

BANF

BancFirst shares are trading higher following the announcement of better-than-expected financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 5:13 pm