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The ARK Israel Innovative Technology ETF (IZRL) is under scrutiny due to the Israel-Hamas conflict. The fund, which has $99 million of assets under management, dropped by 5% at the start of the trading week. The ETF has a diversified portfolio of 76 companies, predominantly in the technology sector. Despite a flat year-to-date performance, the fund has seen a 14% decline from its peak in May 2023. Ten stocks within the ETF are being closely watched due to their potential significance in navigating the fund through these turbulent times.

Portfolio Pulse from Piero Cingari

October 09, 2023 | 2:40 pm

MPC

A significant amount of unusual options activity has been detected for Marathon Petroleum (NYSE:MPC), with 50% of investors showing bullish expectations and 50% bearish. The total amount for puts is $615,740 and for calls is $551,025. Whales have been targeting a price range from $145.0 to $145.0 for Marathon Petroleum over the last 3 months. The price of MPC is up 2.18% at $146.3. Several experts have maintained their Neutral rating on Marathon Petroleum, with price targets ranging from $148 to $178.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:31 pm

JCI

Johnson Controls Intl (NYSE:JCI) has outperformed the market over the past 15 years, producing an average annual return of 11.4%. If an investor had bought $100 of JCI stock 15 years ago, it would be worth $469.80 today.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:31 pm

MATICUSD

SOLUSD

XRPUSD

Deribit, the largest cryptocurrency exchange for options, plans to offer contracts on Solana (CRYPTO: SOL), Ripple Labs' XRP token (CRYPTO: XRP), and Polygon’s MATIC (CRYPTO: MATIC) from January 2024. The platform also intends to obtain a brokerage license in the EU and move its base to Dubai after securing the necessary license. Despite the volatility in digital assets, Deribit's product launch plans remain unchanged.

Portfolio Pulse from Khyathi Dalal

October 09, 2023 | 2:22 pm

ETHUSD

Crypto exchange HTX, affiliated with Huobi Global, has recovered assets stolen by a hacker in September. The hacker stole 5,000 Ether (ETH), valued at around $8 million, from one of HTX's active wallets. HTX offered a 5% reward, equivalent to roughly $400,000, for the return of the stolen funds, promising no subsequent legal actions. The hacker returned the funds and was rewarded.

Portfolio Pulse from Murtuza Merchant

October 09, 2023 | 2:21 pm

A significant bearish stance on Boeing (NYSE:BA) has been observed in the options market. A large position was noticed on publicly available options history. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $150.0 to $300.0 for Boeing over the last 3 months. Wells Fargo, Deutsche Bank, Susquehanna, and Citigroup have maintained their ratings on Boeing with varying price targets.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:16 pm

BTCUSD

ETHUSD

MATICUSD

SOLUSD

Bitcoin inscriptions, a new way to store data on the Bitcoin blockchain, have surpassed 35 million since January. These digital artifacts can be anything from text files, images, and audio to videos. The majority of Bitcoin inscriptions are text files, accounting for approximately 95% of all inscriptions. In the first 200 days since the first inscription on Bitcoin, a total of 1.14 million image-based inscriptions have been created, surpassing the number of non-fungible tokens (NFTs) minted on other blockchains, such as Ethereum, Solana, and Polygon. Bitcoin has accumulated the third-highest NFT trading volume by the network at $596.4 million.

Portfolio Pulse from Murtuza Merchant

October 09, 2023 | 2:14 pm

JPM

A significant bearish stance has been taken on JPMorgan Chase (NYSE:JPM) by a large investor, as indicated by unusual options trades. The sentiment among these big-money traders is 40% bullish and 60% bearish. The whales have been targeting a price range from $143.0 to $155.0 for JPMorgan Chase over the last 3 months. The current price of JPM is $144.28, down by 0.57%. Analysts from Morgan Stanley and Oppenheimer maintain their Overweight and Outperform ratings on JPMorgan Chase respectively, while RBC Capital downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:02 pm

QCOM

Over the past 20 years, Qualcomm (NASDAQ:QCOM) has outperformed the market by 1.03% on an annualized basis, producing an average annual return of 8.3%. If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $501.09 today.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:01 pm

AMZN

A significant amount of unusual options activity has been observed for Amazon.com (NASDAQ:AMZN), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split between 56% bullish and 43% bearish. The price target range for Amazon.com over the last 3 months has been $115.0 to $140.0. Several advisory groups have downgraded their action to Outperform with varying price targets.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 1:46 pm