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Investors are closely watching Bitcoin, Ethereum, and Dogecoin ahead of the Federal Reserve's interest rate decision on July 25 and 26. The cryptocurrencies' movements often provide clues about how the stock market may react when Wall Street resumes trading. Bitcoin and Ethereum were trading mostly flat, while Dogecoin was up almost 9% at one point during Friday's session. The Fed's decision could cause significant reactions in both traditional and digital markets.

Portfolio Pulse from Melanie Schaffer

July 21, 2023 | 8:42 pm

CSCO

A significant amount of unusual options activity has been observed for Cisco Systems (NASDAQ:CSCO), with a bearish stance being taken by a majority of investors. Over the last 3 months, the price target for Cisco Systems has been between $47.0 and $55.0. The company's stock price is currently up 0.5% at $52.63. Analysts have mixed opinions, with JP Morgan upgrading its action to Overweight with a price target of $62, while B of A Securities, Citigroup, and Exane BNP Paribas have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 8:20 pm

ETHUSD

Americana, a platform for tokenized collectibles, has launched a new service called 'concierge vaulting' that allows collectors to store their valuable items in climate-controlled vaults managed by a blockchain-based system. The company, backed by Seven Seven Six and OpenSea, secured $6.9 million in seed funding in May 2022. Americana also introduced its Something membership token, which has seen its market price fall from 0.069 Ethereum to 0.015 ETH.

Portfolio Pulse from Murtuza Merchant

July 21, 2023 | 8:04 pm

ZBH

Zimmer Biomet Holdings Inc. (NYSE:ZBH) has seen its shares rise by 2.50% over the past three months. The company's total debt stands at $5.79 billion, with net debt at $5.46 billion after adjusting for cash equivalents. The debt ratio of the company is 0.27, indicating a moderate level of financial leverage. Debt is a crucial factor in a company's capital structure and can impact its growth and cash flow.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:15 pm

LOW

A significant amount of unusual options activity has been detected for Lowe's Companies (NYSE:LOW), with a majority of investors taking a bearish stance. The targeted price range for Lowe's over the last 3 months is from $220.0 to $260.0. The current price of LOW is up 1.62% at $234.74. Argus Research and Truist Securities maintain a 'Buy' rating on Lowe's, with price targets of $260 and $249 respectively, while Wedbush maintains a 'Neutral' rating with a price target of $230.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:04 pm

TEAM

A significant amount of unusual options activity has been detected for Atlassian (NASDAQ:TEAM), with a bearish stance being taken by a majority of investors. Of the 11 strange trades detected, 45% were bullish and 54% were bearish. The total amount for puts was $349,082 and for calls was $194,130. Whales have been targeting a price range from $177.5 to $290.0 for Atlassian over the last 3 months. The current price of TEAM is down -0.6% at $174.59.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:04 pm

CROUSD

In the past 24 hours, the price of cryptocurrency Cronos (CRYPTO: CRO) has risen by 3.15% to $0.06, continuing its positive trend over the past week with a 3.0% gain. The coin's all-time high is $0.97. Cronos's trading volume has increased by 29.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased by 0.16% to 26.17 billion. The current market cap ranking for CRO is #37 at $1.60 billion.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:01 pm

EOSUSD

Cryptocurrency EOS has seen a rise of 4.29% in the past 24 hours, continuing its positive trend over the past week with a 3.0% gain. However, the trading volume for the coin has fallen 40.0% over the past week, while the overall circulating supply has increased 0.27% to 1.11 billion. The current market cap ranking for EOS is #49 at $880.61 million.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 7:00 pm

LVS

Benzinga's options scanner detected over 12 options trades for Las Vegas Sands (NYSE:LVS) totaling $752,890. Whales have been targeting a price range from $52.5 to $70.0 for Las Vegas Sands over the last 3 months. The price of LVS is down -1.22% at $55.75. JP Morgan, B of A Securities, Morgan Stanley, Stifel, and Wells Fargo have maintained their ratings on Las Vegas Sands with price targets ranging from $65 to $78.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 6:48 pm

GE

A significant bullish stance has been taken on General Electric (NYSE:GE) by a large investor, as evidenced by a large position in GE's options. The sentiment among these big-money traders is 90% bullish and 9% bearish. The whales have been targeting a price range from $80.0 to $115.0 for GE over the last 3 months. Wells Fargo maintains an Equal-Weight rating on GE with a price target of $105, while Citigroup maintains a Buy rating with a price target of $126.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 6:48 pm