Streetbeat News

Assets

LLY

A whale investor has taken a bullish stance on Eli Lilly (NYSE:LLY), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $320.0 to $630.0 for Eli Lilly over the last 3 months. The current price of LLY is down -0.42% at $549.96. Cantor Fitzgerald downgraded its action to Overweight with a price target of $630, Argus Research maintained their Buy rating with a price target of $620, and Morgan Stanley maintained their Overweight rating with a price target of $640.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:15 pm

AAPL

AMZN

GOOG

IWM

META

MSFT

SMIN

TSLA

India is emerging as a manufacturing powerhouse with Apple Inc (AAPL) increasing production in the country. Other major companies like Tesla Inc (TSLA), Alphabet Inc Class C (GOOG), Microsoft Corp (MSFT), Amazon.com, Inc. (AMZN), and Meta Platforms Inc (META) are also exploring or have made significant investments in India. Small caps in India have outperformed US small caps by 18.2% year to date. However, India's market is currently overbought and expensive, suggesting investors should wait for a pullback before buying.

Portfolio Pulse from The Arora Report

September 26, 2023 | 3:48 pm

ETHUSD

Blockchain platform Fhenix has secured $7 million in venture capital funding led by Multicoin Capital and Collider Ventures. The funds will be used to launch the Fhenix Network's public testnet and bolster ecosystem application development. Fhenix aims to address a significant gap in the Ethereum ecosystem by ensuring encryption for commercially sensitive data.

Portfolio Pulse from Murtuza Merchant

September 26, 2023 | 3:37 pm

BONEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has launched Shiba Hub, a new application aimed at transforming the decentralized applications (Dapps) landscape. The app is expected to change the way users connect, share, and create, with a focus on individual control and privacy. Shiba Hub will enhance the Shibarium experience, a layer 2 scaling solution on the mainnet. The performance and capabilities of existing tokens – SHIB, BONE (CRYPTO: BONE), and LEASH (CRYPTO: LEASH) – in the Shiba Inu ecosystem are expected to be enhanced.

Portfolio Pulse from Khyathi Dalal

September 26, 2023 | 3:15 pm

MKRUSD

Cryptocurrency Maker (MKR) has seen a price increase of 4.17% in the last 24 hours, reaching $1,331.88. This continues its positive trend over the past week, with a 5.0% gain. The trading volume for the coin has increased 13.0% over the past week, while the overall circulating supply has decreased 0.04%. The current market cap ranking for MKR is #40 at $1.20 billion.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 3:00 pm

OXY

A significant amount of unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a split sentiment of 50% bullish and 50% bearish. The options trades have targeted a price range from $42.5 to $75.0 for Occidental Petroleum over the last 3 months. Roth MKM has downgraded its action to Neutral with a price target of $60, while Mizuho maintains a Buy rating with a price target of $76.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 2:16 pm

ORCL

A significant bullish stance has been taken on Oracle (NYSE:ORCL) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 72% bullish and 27% bearish. Whales have been targeting a price range from $100.0 to $125.0 for Oracle over the last 3 months. Oracle's current price is $106.05, down by 2.08%. Analysts have mixed ratings on Oracle with price targets ranging from $100 to $150.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 2:16 pm

MSFT

Microsoft Inc (NASDAQ:MSFT) is planning to use small nuclear reactors to power its artificial intelligence (AI) operations. The company has advertised a job position for a nuclear technology specialist to integrate small modular nuclear reactors and microreactors. These reactors will likely power the data centers that support Microsoft's Cloud and AI platforms. Microsoft has shown interest in nuclear energy innovations and has recently entered into a power purchase agreement with Helion, a nuclear fusion startup.

Portfolio Pulse from Anusuya Lahiri

September 26, 2023 | 2:08 pm

NVDA

NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 5 years by 34.08% on an annualized basis, producing an average annual return of 42.12%. If an investor had bought $100 of NVDA stock 5 years ago, it would be worth $596.73 today.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 2:01 pm

SPY

USA New Home Sales for August have decreased by 8.7%, compared to a 4.4% increase in the prior month.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 2:01 pm