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DIS

High-rolling investors have shown a bullish sentiment on Walt Disney (NYSE:DIS) through significant options trading activity, as tracked by Benzinga. A total of 32 options trades were identified, with a bullish majority aiming for a price range of $75.0 to $125.0 over the next three months. The trading activity includes a notable volume in calls, particularly with a strike price of $110.00 expiring on 03/21/25. Walt Disney, trading at $113.11 with a slight increase of 0.21%, is approaching its earnings release in 63 days.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 4:15 pm

SPY

Fed Chair Powell attributed last year's strong economic growth to increases in immigration and labor force participation, highlighting their significant contributions to the economy.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 4:14 pm

MSTR

MicroStrategy's stock is trading higher following the announcement of a $700 million convertible senior notes offering. The company plans to use the proceeds to purchase more bitcoin and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 4:08 pm

KBE

KRE

SPY

XLF

Fed Chair Powell announced that Fed supervisors are actively working with small and medium-sized banks to assess and manage their exposure risks. This move is aimed at ensuring the stability and health of the banking sector.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 4:06 pm

SPY

Fed Chair Powell stated that the risk associated with Commercial Real Estate (CRE) is manageable but will present challenges that need to be addressed over several years.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 4:05 pm

PLTR

Palantir Technologies (NYSE:PLTR) is evaluated against its peers in the Software industry, showing a premium valuation with high PE, PB, and PS ratios but lower efficiency metrics like ROE, EBITDA, and gross profit. Despite this, Palantir exhibits strong revenue growth and a favorable debt-to-equity ratio, indicating robust top-line growth and a strong financial position compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 4:00 pm

CRM

Salesforce (NYSE:CRM) is analyzed against competitors in the Software industry, focusing on financial metrics, market position, and growth prospects. Salesforce shows potential undervaluation with lower PE, PB, and PS ratios compared to the industry average. However, its ROE is below the industry average, indicating potential inefficiency in generating profits. Despite this, Salesforce has higher EBITDA and gross profit, suggesting strong operational performance. Its low revenue growth compared to the industry average may concern its market expansion capabilities.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 4:00 pm

SPY

Fed Chair Powell expressed optimism about the U.S. economy, noting its solid growth, a tight and strong labor market, and a sharp decrease in inflation. He believes these conditions are desirable and achievable through careful use of the Fed's tools, aiming for a 'soft landing' that maintains strong growth and labor market while progressing on inflation control.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 3:57 pm

LYFT

Deep-pocketed investors have shown a bullish sentiment towards Lyft (NASDAQ:LYFT), with a notable surge in options activity reported by Benzinga. The activity includes 11 extraordinary options trades, with a bullish majority of 63% and a bearish minority of 36%. The trades span a price target range of $15.0 to $28.0 for the next three months. Lyft's current market performance shows a 2.43% increase in stock price to $17.27, with analysts providing mixed reviews and target prices ranging from $13 to $20.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:31 pm

XOM

Exxon Mobil (NYSE:XOM) has seen significant options trading activity, with a bearish sentiment prevailing among financial giants. Analysis of recent trades shows 66% bearish versus 33% bullish sentiment, with notable trades in both puts and calls aiming for a price range of $105.0 to $115.0. The largest trades include both bearish calls and bullish puts, indicating mixed expectations. Exxon Mobil, a leading oil and gas company, is currently trading at $106.72, with potential overbought signals and an upcoming earnings release in 51 days.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:31 pm