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ATOMUSD

Cosmos Hub's (CRYPTO: ATOM) price has fallen 3.02% to $6.54 in the past 24 hours, continuing its negative trend over the past week with a 4.0% loss. The trading volume for the coin has climbed 104.0% over the past week, while the overall circulating supply of the coin has decreased 0.39% to 292.59 million. The current market cap ranking for ATOM is #30 at $1.89 billion.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 7:00 pm

GWW

A significant bearish stance has been taken on W.W. Grainger (NYSE:GWW) as evidenced by unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The trades include 2 puts amounting to $59,860 and 10 calls amounting to $503,109. The targeted price range for W.W. Grainger over the last 3 months is from $710.0 to $750.0. The current price of GWW is $714.29.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:35 pm

INTU

A significant amount of unusual options activity has been detected for Intuit (NASDAQ:INTU), with a majority of investors taking a bearish stance. The trades range from $495.0 to $570.0 for Intuit over the last 3 months. The current price of INTU is $541.09, with RSI indicators suggesting a neutral position. Analysts from Wells Fargo, Wolfe Research, Piper Sandler, Mizuho, and HSBC have given varied ratings and price targets.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:34 pm

EL

A large bearish position has been taken on Estee Lauder Cos (NYSE:EL), with 80% of big-money traders showing bearish sentiment. The overall sentiment is split between 20% bullish and 80% bearish. The whales have been targeting a price range from $130.0 to $195.0 for Estee Lauder Cos over the last 3 months. JP Morgan, Redburn Atlantic, Citigroup, and Goldman Sachs have maintained their ratings on Estee Lauder Cos with price targets of $173, $150, $155, and $185 respectively.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:34 pm

JPM

SCHW

SPY

Social Security benefits will see a cost of living boost of 3.2% in 2024, raising the average monthly payment to $1,907. The adjustment is aimed at helping retirees cope with higher inflation. The SPDR S&P 500 ETF Trust (SPY) dipped after the Consumer Price Index (CPI) reading came in higher than expected. The cost of living adjustment could benefit brokerages like Charles Schwab Corporation (SCHW) and JPMorgan Chase & Co (JPM) as monthly contributions increase.

Portfolio Pulse from Aaron Bry

October 12, 2023 | 6:31 pm

GOLD

A significant amount of unusual options activity has been observed for Barrick Gold (NYSE:GOLD), with a bearish stance being taken by a majority of investors. Of the 15 strange trades detected, 53% were bearish and 46% bullish. The total amount for the 3 puts was $124,308 and for the 12 calls was $648,000. Whales have been targeting a price range from $13.0 to $17.0 for Barrick Gold over the last 3 months. The price of GOLD is currently down -0.69% at $15.12. UBS, BMO Capital, and Jefferies have maintained their Buy, Outperform, and Hold ratings respectively.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:22 pm

MRNA

A significant bearish stance has been taken on Moderna (NASDAQ:MRNA) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The whales have been targeting a price range from $79.0 to $150.0 for Moderna over the last 3 months. Argus Research maintains their Buy rating on Moderna, with a price target of $140.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:22 pm

ABT

A significant amount of unusual options activity has been detected for Abbott Laboratories (NYSE:ABT), with an equal split between bullish and bearish expectations. The trades include 5 puts totaling $353,531 and 5 calls totaling $347,449. Whales have been targeting a price range from $75.0 to $95.0 for Abbott Laboratories over the last 3 months. The price of ABT is currently up 0.18% at $92.3.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:03 pm

MS

A significant amount of unusual options activity has been detected for Morgan Stanley (NYSE:MS), with a bearish stance being taken by a majority of investors. The trades have targeted a price range from $77.5 to $85.0 for Morgan Stanley over the last 3 months. The current price of MS is $78.98, up 0.1%. Analysts from JP Morgan and Oppenheimer maintain positive ratings on Morgan Stanley, while RBC Capital and UBS have downgraded their ratings.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:03 pm

ETHUSD

On Wednesday, 1,695.49 Ether (ETH) worth $2,589,907 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and includes a variable base fee that is burned, lowering the supply of Ether. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 6:00 pm