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COP

A significant bearish stance has been taken on ConocoPhillips (NYSE:COP) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 90% bearish and 10% bullish. The targeted price range for ConocoPhillips over the last 3 months has been $75.0 to $120.0. The current price of COP is up 0.43% at $115.48. Analysts from Morgan Stanley, Wells Fargo, Raymond James, Mizuho, and Wolfe Research have given their ratings and price targets.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 3:46 pm

ADMP

COOK

DRVN

IDAI

TUP

Benzinga's Stock Whisper Index has identified five stocks that warrant attention for the week of Aug. 5, 2023. These include Tupperware Brands Corporation (TUP), which recently announced a debt restructuring agreement; Adamis Pharmaceuticals Corporation (ADMP), which sold assets and announced a collaboration; T-Stamp Inc (IDAI), which announced its biometric technology is being implemented by more financial institutions; Traeger Inc (COOK), which reported Q2 financial results; and Driven Brands Holdings Inc (DRVN), which saw shares drop after Q2 results and lowered full-year guidance.

Portfolio Pulse from Chris Katje

August 04, 2023 | 3:42 pm

GM

General Motors Co (NYSE:GM) has appointed Jess Bala, former director of global product planning and product strategy at Cadillac, as the managing director of its Australia and New Zealand division, effective from September 1, 2023. Bala will replace Marc Ebolo and will lead operations including Isuzu New Zealand, GM specialty vehicles, and Chevrolet racing. Bala has over 15 years of experience in implementing product strategies, including the introduction and positioning of electric vehicles.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 3:41 pm

TSLA

Tesla (NASDAQ:TSLA) has outperformed the market over the past 10 years by 27.86% on an annualized basis, producing an average annual return of 38.08%. If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $28,806.53 today.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 3:38 pm

SPY

Federal Reserve's Bostic stated that the U.S. jobs numbers were as expected and he is comfortable with the current situation. He also mentioned that the Fed is likely to be in restrictive territory well into 2024 and is on a trajectory to reach 2% inflation. He is not surprised that wages are still strong and is keeping an eye on it.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:36 pm

NVDA

A significant amount of unusual options activity has been detected for NVIDIA (NASDAQ:NVDA), with a bearish stance being taken by a majority of investors. Of the 48 strange trades detected, 60% were bearish and 39% bullish. The total amount for puts was $9,048,668 and for calls was $2,896,453. The targeted price range for NVIDIA over the last 3 months has been from $170.0 to $620.0. The current price of NVDA is up 1.75% at $452.92. Several financial institutions have maintained their Buy rating on NVIDIA, with price targets ranging from $495 to $550.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 3:36 pm

NVDA

NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 10 years by 51.57% on an annualized basis, producing an average annual return of 61.84%. If an investor had bought $1000 of NVDA stock 10 years ago, it would be worth $124,093.15 today.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 3:33 pm

BTCUSD

ETHUSD

SPAUSD

Sperax (CRYPTO: SPA) has surged by 34% in the last 24 hours, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Over $3.59 million worth of Sperax has been traded in one day, with Coinbase being the major exchange platform for these trades. Sperax is a suite of yield automation tools built on two protocols. The Sperax team is currently upgrading the USDs protocol to version 2.0.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 3:31 pm

BTCUSD

CFXUSD

ETHUSD

Bitcoin and Ethereum edged higher following the release of US jobs data. The US economy added 187,000 jobs in July, slightly below market estimates. XDC Network was the top gainer in the crypto market over the past 24 hours, while Conflux was the biggest loser. The global crypto market cap rose to $1.17 trillion, recording a 24-hour gain of 0.1%.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 3:29 pm

BTTR

Better Choice Company has announced the appointment of Carolina Martinez as its new Chief Financial Officer (CFO), effective from August 7.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:27 pm