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USO

The U.S. Baker Hughes Oil Rig Count has decreased by 8 from last week to 507, while the Gas Rig Count has decreased by 3 from last week to 118.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 5:04 pm

ORCL

Oracle (NYSE:ORCL) has seen unusual options activity, with a significant number of bullish trades. Of the 15 strange trades detected, 60% were bullish and 40% bearish. The total amount for puts was $207,300 and for calls was $563,704. Whales have been targeting a price range from $60.0 to $145.0 for Oracle over the last 3 months. The current price of ORCL is $109.84, up 0.37%. Analysts from Jefferies, UBS, Piper Sandler, and Evercore ISI Group have given price targets ranging from $130 to $145.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 5:01 pm

DHR

A significant bearish stance has been taken on Danaher (NYSE:DHR) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $200.0 to $270.0 for Danaher over the last 3 months. The price of DHR is currently up 0.33% at $250.46.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 5:00 pm

LULU

A significant investor has taken a bullish stance on Lululemon Athletica (NASDAQ:LULU), with 57% of investors opening trades with bullish expectations. The whales have been targeting a price range from $385.0 to $420.0 for Lululemon Athletica over the last 3 months. The price of LULU is up 1.74% at $390.59. Several experts have maintained or downgraded their ratings on Lululemon Athletica, with price targets ranging from $376 to $470.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:46 pm

DXCM

A significant bullish stance on DexCom (NASDAQ:DXCM) has been observed, with 12 uncommon options trades spotted. The sentiment of these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $80.0 to $120.0 for DexCom over the last 3 months. UBS and Raymond James have maintained their Buy and Strong Buy ratings on DexCom, respectively.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:46 pm

DVN

A significant amount of unusual options activity has been detected for Devon Energy (NYSE:DVN), with a majority of investors taking a bullish stance. The trades include 11 puts and 3 calls, with a total amount of $1,337,684 and $94,705 respectively. Whales have been targeting a price range from $40.0 to $70.0 for Devon Energy over the last 3 months. The current price of DVN is $46.39, down by 0.05%. Analysts from Stifel, Citigroup, Wells Fargo, and Mizuho have maintained their Buy and Equal-Weight ratings on Devon Energy.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 4:30 pm

BTCUSD

CORZQ

Bankrupt Bitcoin miner Core Scientific Inc (OTC:CORZQ) has announced the purchase of 27,000 Bitcoin mining servers from Bitmain in a deal valued at $77 million. The deal includes $23.1 million in cash and $53.9 million in Core Scientific common stock. The stock's per-share value will be determined in line with a bankruptcy court-approved Chapter 11 plan of reorganization. The newly acquired servers are expected to enhance Core Scientific's mining fleet's efficiency, especially in anticipation of the upcoming Bitcoin halving event.

Portfolio Pulse from Murtuza Merchant

September 22, 2023 | 4:20 pm

BTCUSD

Custodia Bank CEO Caitlin Long discussed the future of Bitcoin and the role of her bank in an interview with Benzinga. Long, who has a background in traditional banking, founded Custodia Bank to bridge the gap between traditional finance and digital assets. The bank is set to launch Bitcoin custody soon. Long also highlighted the importance of security and compliance in the cryptocurrency sector. She believes that programmable money is a superior system and could benefit the financial world. Long also mentioned that the Federal Reserve is beginning to shift its stance on cryptocurrency.

Portfolio Pulse from Chris Katje

September 22, 2023 | 4:00 pm

STLA

Stellantis N.V. (NYSE:STLA) is planning to invest 2.5 billion reais ($508.20 million) in its Rio de Janeiro facility for the production of the model C3 AirCross, a seven-seat SUV. This investment is part of a cycle that ends in 2025. The company recently inaugurated its first Battery Technology Center in Turin, Italy, and proposed a new contract that might lead to the closure of 18 U.S. facilities.

Portfolio Pulse from Nabaparna Bhattacharya

September 22, 2023 | 3:38 pm

BIDU

A significant bullish stance has been taken on Baidu (NASDAQ:BIDU) by a large investor or institution, as indicated by a large position in Baidu's options. The overall sentiment of these big-money traders is split between 73% bullish and 26% bearish. The whales have been targeting a price range from $134.0 to $150.0 for Baidu over the last 3 months. JP Morgan, Susquehanna, Benchmark, and Loop Capital have given price targets of $200, $175, $210, and $190 respectively.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 3:15 pm