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Assets

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 15 years, producing an average annual return of 10.09%. If an investor had bought $1000 of SYK stock 15 years ago, it would be worth $4,249.40 today. The company currently has a market capitalization of $107.48 billion.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:00 pm

MCO

Moody's (NYSE:MCO) has outperformed the market over the past 15 years, producing an average annual return of 15.31%. If an investor had bought $100 of MCO stock 15 years ago, it would be worth $861.58 today. Moody's currently has a market capitalization of $62.25 billion.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:00 pm

NVO

A significant amount of unusual options activity has been observed for Novo Nordisk (NYSE:NVO), with a bearish stance being taken by a majority of investors. Of the 21 strange trades detected, 57% were bearish and 42% were bullish. The total amount for the 3 puts was $123,490 and for the 18 calls was $1,322,703. Whales have been targeting a price range from $150.0 to $210.0 for Novo Nordisk over the last 3 months.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 8:48 pm

DRMA

Dermata Therapeutics has raised a total of $6.8 million in gross proceeds from two financings in the first half of 2023.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:47 pm

CMDY

The annual inflation rate in the U.S. ticked up to 3.2% in July, slightly below the anticipated 3.3%. The focus now shifts to the producer price index (PPI) inflation gauge due for release on Friday. Economists predict a 0.7% increase in the annual PPI for July, breaking a 12-month decline. The Bloomberg Commodity Index, tracked by the iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY), surged almost 6% in July, potentially impacting the PPI as commodities make up about 30% of the PPI basket. However, investors believe the Federal Reserve is about to end its rate-tightening campaign.

Portfolio Pulse from Piero Cingari

August 10, 2023 | 8:41 pm

MELI

MercadoLibre, Inc. (NASDAQ:MELI) has announced the appointment of Martín de los Santos as its new CFO, replacing Pedro Arnt who is leaving the company. De los Santos was previously the Senior Vice President of the Credits division at MercadoLibre. Andrés Anavi, Senior Vice President at Mercado Pago, will succeed de los Santos as SVP of Mercado Crédito.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 8:40 pm

AMZN

A significant amount of unusual options activity has been detected for Amazon.com (NASDAQ:AMZN), with a bearish stance being taken by a 'whale' investor. Of the 133 strange trades detected, 43% were bullish and 56% were bearish. The total amount for puts was $2,907,796 and for calls was $7,197,968. The targeted price range for Amazon.com over the last 3 months has been $50.0 to $200.0. The current price of AMZN is up 0.52% at $138.56. Several financial institutions have maintained their positive ratings on Amazon.com, with price targets ranging from $160 to $190.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 8:33 pm

MELI

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years, producing an average annual return of 27.9%. If an investor had bought $100 of MELI stock 15 years ago, it would be worth $4,007.69 today. The company currently has a market capitalization of $69.48 billion.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 8:30 pm

AMGN

Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years, producing an average annual return of 9.73%. If an investor had bought $100 of AMGN stock 15 years ago, it would be worth $408.13 today. The company currently has a market capitalization of $140.18 billion.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 8:30 pm

CANO

Cano Health has announced plans to cease operations in California, New Mexico, and Illinois by fall of 2023, and in Puerto Rico by January 1, 2024, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:18 pm