Streetbeat News

Assets

AMGN

A significant bullish stance has been taken on Amgen (NASDAQ:AMGN) with 36 uncommon options trades spotted, the majority of which are calls. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The price range targeted by these traders for Amgen over the last 3 months is from $115.0 to $260.0. The current price of AMGN is $260.44. Analysts from RBC Capital, Credit Suisse, Barclays, and Oppenheimer have maintained their ratings on Amgen with price targets of $253, $200, $210, and $280 respectively.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:30 pm

BDX

Becton, Dickinson (NYSE:BDX) has outperformed the market over the past 10 years, producing an average annual return of 11.25%. If an investor had bought $100 of BDX stock 10 years ago, it would be worth $289.99 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:30 pm

MEG

T

VZ

Montrose Environmental Group's CEO discussed the issue of lead cables on CNBC, highlighting the problems it poses for AT&T and Verizon. The CEO did not provide specific solutions but emphasized the need for addressing this issue.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 5:26 pm

META

NEE

A retail trader used an AI-based options flow tool to make an 87% profit on NextEra Energy Inc. (NEE) in a few hours. The tool helped identify a breakdown in NEE's chart support and resistance, leading to a successful PUT option trade. The article also discusses how options flow can help retail traders make informed decisions, using the example of META (NASDAQ:META).

Portfolio Pulse from Sandra Stone

August 09, 2023 | 5:21 pm

MELI

A significant amount of unusual options activity has been observed for MercadoLibre (NASDAQ:MELI), with a bullish stance taken by a majority of investors. The price target range for MercadoLibre over the last 3 months has been between $1070.0 to $1400.0. The company's stock price is currently down by 0.3% at $1324.41. Several financial institutions including Barclays, JP Morgan, and Credit Suisse have maintained their positive ratings on MercadoLibre.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:16 pm

IBM

A significant amount of unusual options activity has been detected for IBM (NYSE:IBM), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last 3 months is from $80.0 to $155.0. The current price of IBM is down -1.84% at $143.22. Analysts from BMO Capital, Morgan Stanley, Stifel, and B of A Securities have maintained their ratings on IBM, with price targets ranging from $135 to $160.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:15 pm

HLT

Hilton Worldwide Holdings (NYSE:HLT) has outperformed the market over the past 5 years by 5.43% on an annualized basis, producing an average annual return of 14.9%. If an investor had bought $1000 of HLT stock 5 years ago, it would be worth $2,035.86 today.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:01 pm

PYPL

PayPal Holdings Inc. (NASDAQ:PYPL) announced the departure of Chief Strategy, Growth And Data Officer Jonathan Auerbach. This comes at a time when PayPal is making significant strides in the financial technology sector, including the recent unveiling of its USD-backed stablecoin (CRYPTO: PYUSD). Auerbach's departure raises questions about the future direction of PayPal's strategic initiatives.

Portfolio Pulse from Jose Rodrigo Safdiye

August 09, 2023 | 4:54 pm

AAPL

AMZN

BTCUSD

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The Consumer Price Index (CPI) and Producer Price Index (PPI) data are due to be released, with both expected to show a 0.2% increase. Household debt has hit $17T, with credit card debt reaching a record $1.03T. China has entered deflation, but the situation is not as bad as it seems. Positive money flows are seen in Amazon, NVIDIA, Microsoft, Alphabet, Meta Platforms, Tesla, and Apple, while negative flows are seen in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Bitcoin has moved above $30,000.

Portfolio Pulse from The Arora Report

August 09, 2023 | 4:52 pm

LCID

An option alert has been issued for Lucid Group (LCID) for November 17 $8 calls. The sweep is near the ask with 1255 contracts at $0.77 versus an open interest of 9195. The reference price is $6.9299.

Portfolio Pulse from Charles Gross

August 09, 2023 | 4:47 pm