Deep-pocketed investors have adopted a bearish approach towards Netflix (NASDAQ:NFLX), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NFLX usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 39 extraordinary options activities for Netflix. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 25% leaning bullish and 41% bearish. Among these notable options,…
Meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are no longer just speculative internet jokes, they’re acting as powerful entry points into the broader cryptocurrency economy, according to a new report. A survey published by Gemini on…
U.S. stocks were lower, with the Dow Jones index falling around 300 points on Friday. Shares of Frontline plc (NYSE:FRO) rose during Friday's session following first-quarter results. The company reported revenue of $427.9 million, surpassing the $264.2 million consensus. Adjusted…
Lumen Technologies, Inc. (NYSE:LUMN) stock is trading higher Thursday after the company announced the sale of its consumer fiber-to-the-home business. What To Know: Lumen announced the sales of its fiber-to-the-home business to AT&T (NYSE:T) for $5.75 billion in cash. The…
On CNBC's “Halftime Report Final Trades,” Joshua Brown, CEO of Ritholtz Wealth Management, said 3M Company (NYSE:MMM) looks “incredible.” Supporting his view, JP Morgan analyst Stephen Tusa maintained 3M with an Overweight rating on May 16 and raised the price…