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PDD

PDD Holdings (NASDAQ:PDD) has seen a significant options trading activity, with a mix of bullish and bearish sentiments among big-money traders. The options scanner revealed 20 unusual trades, evenly split between bullish and bearish outlooks. The trades include 5 puts worth $217,000 and 15 calls worth $979,910, targeting a price range of $80.0 to $180.0. The company, a multinational commerce group, is currently experiencing a slight decrease in stock price, down by -0.97% to $116.0, with its next earnings report due in 14 days.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 3:01 pm

REGN

Over the past 20 years, Regeneron Pharmaceuticals (NASDAQ:REGN) has delivered an average annual return of 23.61%, outperforming the market by 15.65% annually. A $1000 investment in REGN 20 years ago would be worth $68,524.79 today. The company's market capitalization currently stands at $106.20 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 3:00 pm

BNBUSD

BNB (CRYPTO: BNB) has seen a significant increase of 9.27% in its price over the last 24 hours, reaching $487.96. This is part of a larger trend, with a 20% gain over the past week from $405.25. The coin's all-time high is $686.31. Trading volume has surged by 171% over the past week, and the circulating supply has grown by 0.49% to over 153.86 million, representing approximately 76.93% of its maximum supply. BNB's market cap ranks it 4th at $75.06 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 3:00 pm

BLURUSD

ETHUSD

PEPEUSD

Smart money investors have been actively accumulating meme coins, particularly Pepe (PEPE) and Blur (BLUR), according to Nansen's on-chain data. Pepe has seen a 25% increase in its trading price over the past 24 hours and a 630% increase over the past month, while Blur has experienced a 3% rise in the same period and a 15% increase over the last 30 days. Ethereum (ETH) also saw significant activity, ranking fourth in Smart Money transactions. This trend underscores growing investor interest in altcoins, suggesting a positive outlook for these digital assets.

Portfolio Pulse from Murtuza Merchant

March 08, 2024 | 2:56 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has seen unusual options activity, indicating deep-pocketed investors' bullish stance, with a significant portion aiming for a price range of $700 to $1680. The activity includes 31 extraordinary options, with 51% bullish and 48% bearish sentiment. The largest trades are predominantly calls, suggesting optimism about SMCI's future price movement. Currently, SMCI's stock is up 4.36% at $1210.36, with neutral RSI readings and an anticipated earnings release in 53 days. Analysts have mixed ratings, with target prices ranging from $941 to $1350.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:46 pm

ASML

Smart money investors have shown a predominantly bearish stance on ASML Holding (NASDAQ:ASML), with significant activity in options trading. Analysis of 12 trades reveals a heavy inclination towards bearish expectations, with 91% of trades being bearish. The trading volume and open interest suggest a targeted price range between $700.0 and $1080.0 for ASML over the last 3 months. Notable options activity includes both calls and puts with varying sentiments and strike prices. ASML, a leader in photolithography systems for semiconductor manufacturing, is currently experiencing a slight decrease in stock price, with an earnings announcement expected in 40 days.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

EPOW

Sunrise New Energy Co., Ltd. (EPOW) has secured a $14 million financing from China Everbright Bank, enhancing its liquidity for seamless production and delivery to major clients including CATL, BYD, and HiTHIUM.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:33 pm

SPGI

Over the past 5 years, S&P Global (NYSE:SPGI) has outperformed the market with an annualized return of 16.72%, turning a $1000 investment into $2,168.83. The company's market capitalization stands at $134.02 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:30 pm

SNPS

Over the past 20 years, Synopsys (NASDAQ:SNPS) has produced an average annual return of 16.51%, outperforming the market. A $100 investment in SNPS 20 years ago would now be worth $2,131.72. Synopsys currently has a market capitalization of $89.39 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:30 pm

SGD

Safe and Green Development Corp (SGD) shares are trading higher following the announcement of financing for the Norman Berry Expansion project in Atlanta, Georgia. This development is expected to positively impact the company's growth and financial stability.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:29 pm