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Unusual options activity has been observed for Ford Motor (NYSE:F), with a bearish sentiment prevailing among big-money traders. 11 options trades were spotted, with 10 being puts and 1 call. The predicted price range for Ford Motor over the next 3 months is $8.0 to $16.0. The company's stock price is currently $10.04, with a neutral RSI. Two market experts have issued ratings for the stock, with a consensus target price of $14.5.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:33 pm

ATUS

Altice, owned by billionaire Patrick Drahi, is preparing to receive initial bids for its Portuguese business and a stake in its French unit to manage its debt load. Potential private equity suitors include Apax Partners, Apollo Global Management Inc., CVC Capital Partners, and Warburg Pincus.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:26 pm

DDOG

Whales, or large investors, have taken a bearish stance on Datadog (NASDAQ:DDOG), with 90% of the investors opening trades with bearish expectations. The major market movers are focusing on a price band between $70.0 and $230.0 for Datadog. The current price of DDOG is $100.5, up by 0.51%. Analysts have proposed an average target price of $108.8, with ratings ranging from Neutral to Overweight.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:03 pm

ABBV

Unusual options activity has been observed for AbbVie (NYSE:ABBV), with a bearish sentiment among big-money traders. Benzinga's options scanner spotted 10 uncommon options trades for AbbVie, with 30% bullish and 70% bearish sentiment. The total trade price for puts was $344,346 and for calls was $244,334. The targeted price range for AbbVie over the last 3 months is from $100.0 to $165.0. The current trading volume is 3,077,205, with the price down by -0.73%, now at $141.0. Analysts have set an average price target of $177.25.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 5:03 pm

AAPL

VTI

Adam Nash, co-founder & CEO of Daffy.org, suggests that donating stock instead of cash to charity can provide significant tax benefits. Donating appreciated assets allows the donor to deduct the current market value of the security and avoid paying capital gains taxes. The charity also benefits as they don't have to pay capital gains taxes when they sell the donated stock. Nash uses Apple (NASDAQ:AAPL) and Vanguard Total Market (NYSE:VTI) as examples. He also mentions the use of donor-advised funds (DAFs) like Daffy.org to facilitate stock donations.

Portfolio Pulse from Adam Nash

November 09, 2023 | 5:00 pm

SPY

Federal Reserve's Barkin stated that he is not concerned about the level of reserves, indicating there is still room for further action. This could potentially impact the overall market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:59 pm

BP

Unusual options activity has been observed for BP (NYSE:BP), with a bearish sentiment among big-money traders. Benzinga's options scanner spotted 10 uncommon options trades for BP, split between 40% bullish and 60% bearish. The big players have been eyeing a price window from $13.0 to $40.0 for BP during the past quarter. The current price of BP is up by 1.12%, reaching $34.85. An analyst from Raymond James holds an Outperform rating for BP, targeting a price of $43.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 4:31 pm

COIN

MARA

META

NVDA

RIOT

TSLA

Bitcoin's market capitalization has surpassed Tesla's, reaching $750 billion, and now exceeds that of 494 companies in the S&P 500. This surge is driven by optimism about the approval of a Bitcoin ETF by year-end. Bitcoin's price has surged by 130% since the beginning of the year, outpaced only by NVIDIA and Meta Platforms in the S&P 500's company rankings based on year-to-date gains. Bitcoin-related stocks such as Marathon Digital Holdings, Riot Platforms, and Coinbase surged 18%, 13%, and 10% respectively.

Portfolio Pulse from Piero Cingari

November 09, 2023 | 4:20 pm

PDD

High-rolling investors have shown bullish sentiment towards PDD Holdings (NASDAQ:PDD), with significant options trading activity observed. Benzinga's options scanner spotted 13 options trades for PDD Holdings, with 61% bullish and 38% bearish sentiment. Major market movers are focusing on a price band between $45.0 and $135.0 for PDD Holdings. The company's trading volume stands at 991,784, with its price up by 0.94%, positioned at $110.68. Two experts released ratings on this stock with an average target price of $146.0.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 4:02 pm

BIDU

Baidu (NASDAQ:BIDU), the largest internet search engine in China, is compared with its peers in the Interactive Media & Services industry. Baidu's Price to Earnings, Price to Book, and Price to Sales ratios are lower than the industry average, suggesting potential undervaluation. However, its Return on Equity is lower than the industry average, indicating potential inefficiency. Baidu's EBITDA, gross profit, and revenue growth are higher than the industry average, indicating strong financial performance and potential for future growth.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 4:00 pm