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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

HSBC

HSBC Holdings is planning to launch an institutional-grade custody service for tokenized securities in partnership with Metaco, a Ripple Labs-owned technology firm. The service, which will use Metaco’s Harmonize solution, is expected to go live in 2024. This move complements HSBC’s platform for digital assets issuance, HSBC Orion, and its system to issue tokenized gold. Other banks like Citigroup and Deutsche Bank are also exploring digital asset custody and tokenization services.

Portfolio Pulse from Khyathi Dalal

November 08, 2023 | 4:00 pm

ADP

The article provides a comprehensive comparison of Automatic Data Processing (ADP) with its competitors in the Professional Services industry. ADP's P/E ratio of 26.4 is significantly below the industry average, suggesting undervaluation. The P/B ratio of 26.32 is also lower than the industry average, indicating potential undervaluation. However, the P/S ratio of 5.29 surpasses the industry average, indicating possible overvaluation. ADP's ROE of 24.62% is above the industry average, indicating efficient use of equity. The company's EBITDA and gross profit are also higher than the industry average, indicating strong profitability and robust cash flow generation. ADP's revenue growth of 5.79% surpasses the industry average.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:00 pm

ADI

An industry comparison of Analog Devices (NASDAQ:ADI) against its key competitors in the Semiconductors & Semiconductor Equipment industry reveals potential undervaluation of the stock. The company's low PE, PB, and PS ratios suggest that the stock is trading at a low price relative to its earnings, book value, and sales. However, the low ROE, EBITDA, gross profit, and revenue growth ratios indicate potential challenges in generating profits and growing its business.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:00 pm

ADBE

The article provides a detailed analysis of Adobe Inc. (NASDAQ:ADBE) and its competitors in the software industry. It evaluates Adobe's financial metrics, market position, and growth prospects. Adobe's P/E ratio is lower than the industry average, suggesting potential value. However, its P/B and P/S ratios are higher than the industry average, indicating that it might be overvalued. Adobe's ROE, EBITDA, and gross profit are higher than the industry average, suggesting strong profitability and efficiency. However, its revenue growth is lower than the industry average.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:00 pm

BAC

Benzinga's options scanner detected over 11 options trades for Bank of America (NYSE:BAC) totaling $365,861. Whales have been targeting a price range from $20.0 to $33.0 for Bank of America over the last 3 months. The mean open interest for Bank of America options trades today is 14933.43 with a total volume of 17,951.00. BMO Capital, Oppenheimer, and Keefe, Bruyette & Woods have maintained their ratings on Bank of America with price targets of $40, $49, and $30 respectively.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 3:46 pm

INTC

A significant investor has shown bullish sentiment towards Intel (NASDAQ:INTC), with unusual options activity being observed. The investor's identity is unknown, but such a move usually suggests insider knowledge. The options scanner at Benzinga highlighted 11 extraordinary options activities for Intel. Among these, 5 are puts, totaling $362,968, and 6 are calls, amounting to $247,041. The big players have been eyeing a price window from $23.0 to $45.0 for Intel during the past quarter. The current price of INTC is $38.8. Analysts' ratings on Intel vary, with price targets ranging from $17 to $40.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 3:31 pm

MBOT

Microbot Medical Inc. (NASDAQ:MBOT) has been granted a registered trademark from the US Patent and Trademark Office for the feature 'One & Done' of the LIBERTY Robotic Surgical System. This system is being developed to integrate guidewires, microcatheters and other instruments required for complete endovascular procedures. The company continues to expand its proprietary assets, including numerous approved and pending patents worldwide.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:15 pm

VSH

Vishay Intertechnology is set to acquire Nexperia's Newport Wafer Fab for approximately $177 million in cash. Meanwhile, a report from Preqin indicates that the majority of investors plan to maintain or increase their allocation to alternative investments over the longer term.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:12 pm