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INTU

A large bearish position on Intuit (NASDAQ:INTU) has been noticed, indicating that someone with significant funds expects the stock to decline. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The big players have been eyeing a price window from $330.0 to $570.0 for Intuit during the past quarter. The current price of INTU is $518.25, with the stock being neutral between overbought and oversold.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:31 pm

MS

Unusual options activity has been detected for Morgan Stanley (NYSE:MS), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 63% bullish and 36% bearish. The big players have been eyeing a price window from $60.0 to $85.0 for Morgan Stanley during the past quarter. The stock is currently trading at $75.71, up by 0.26%.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:16 pm

SNPS

Synopsys's (NYSE:SNPS) short percent of float has risen 17.53% since its last report, with 1.73 million shares sold short, which is 1.14% of all regular shares available for trading. It would take traders 2.12 days to cover their short positions on average. Synopsys's peer group average for short interest as a percentage of float is 3.41%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:00 pm

TRP

TC Energy Corp (NYSE:TRP) reported Q3 2023 earnings of 74 cents per share, beating the consensus of 71 cents, and sales of $2.94 billion, exceeding the estimate of $2.75 billion. The company's comparable EBITDA rose 7% Y/Y to C$2.6 billion. The company also announced the appointment of John E. Lowe as board chairperson effective Jan. 1, 2024, and the completion of the sale of 40% of non-controlling equity interest in the Columbia Gas and Columbia Gulf systems for cash proceeds of C$5.3 billion ($3.9 billion).

Portfolio Pulse from Lekha Gupta

November 08, 2023 | 4:58 pm

TLT

UTEN

XLRE

Mortgage applications increased by 2.5% for the week ending Nov. 3, breaking a three-week decline, according to the Mortgage Bankers Association. This coincided with a significant drop in U.S. Treasury yields. The 30-year fixed rate on mortgages averaged 7.61%, a decline of 25 basis points from the previous week. Real estate stocks tracked by the Real Estate Select Sector SPDR Fund (NYSE:XLRE) were up 0.6%. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) and the US 10-Year Treasury Note ETF (NYSE:UTEN) also rose by 5.5% and 2.5% respectively.

Portfolio Pulse from Piero Cingari

November 08, 2023 | 4:41 pm

CVE

A significant bearish stance has been taken on Cenovus Energy (NYSE:CVE) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is 91% bearish. The big players have been eyeing a price window from $10.0 to $19.0 for Cenovus Energy during the past quarter. The stock's price has decreased by -1.01%, reaching $17.72.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:31 pm

SNOW

A significant amount of unusual options activity has been detected for Snowflake (NYSE:SNOW), with a majority of investors taking a bullish stance. The average open interest for Snowflake options stands at 1034.5, with a total volume reaching 769.00. The stock is currently trading at $160.2, with an expected price range of $120.0 to $175.0. Analyst ratings vary, with B of A Securities downgrading to Neutral, Capital One upgrading to Overweight, and Piper Sandler maintaining an Overweight rating, all with a price target of $195.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:31 pm

BTCUSD

Crypto bank SEBA has obtained a license from the Securities and Futures Commission (SFC) in Hong Kong, allowing it to offer a range of regulated activities including traditional securities and crypto-related services. The move is part of SEBA's strategic vision to establish itself in the APAC market. The license allows SEBA Hong Kong to deal and distribute securities, provide advice on securities and virtual assets, and manage assets for discretionary accounts.

Portfolio Pulse from Murtuza Merchant

November 08, 2023 | 4:11 pm

MRNA

A significant amount of unusual options activity has been observed for Moderna (NASDAQ:MRNA), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The big players have been eyeing a price window from $70.0 to $135.0 for Moderna during the past quarter. Currently, MRNA's price is down by -3.21%, trading at $71.3.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:02 pm

PLTR

A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 25% bullish and 75% bearish. The significant investors are aiming for a price range of $10.0 to $25.0 for Palantir Technologies over the next three months. The current price of PLTR is $18.86, with an increase of 0.32%.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:02 pm