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COF

A large investor has taken a bullish stance on Capital One Financial (NYSE:COF), with 72% of big-money traders also bullish. The overall sentiment is based on 11 uncommon options trades, with 9 puts and 2 calls. Whales have been targeting a price range from $100.0 to $115.0 for Capital One over the last 3 months. Wells Fargo, Jefferies, Citigroup, Morgan Stanley, and Stephens & Co. have maintained their ratings on Capital One, with price targets ranging from $87 to $130.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 4:31 pm

AXP

Stephanie Link announced on CNBC that she has purchased more shares of American Express (AXP).

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 4:30 pm

RNW

ReNew Energy Global PLC (NASDAQ:RNW) has signed Memorandums of Understanding (MoUs) worth $7.8 billion for its green energy projects. The deal was signed with Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) at the Clean Energy Ministerial meeting in Goa. RNW will receive $3.9 billion each from PFC and REC for financing its current and future energy transition projects. RNW shares are trading higher by 6.04% at $6.24 on the last check Friday.

Portfolio Pulse from Lekha Gupta

July 21, 2023 | 4:29 pm

ON

A significant bearish stance has been taken on ON Semiconductor (NASDAQ:ON) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The whales have been targeting a price range from $70.0 to $145.0 for ON Semiconductor over the last 3 months. The price of ON is currently up 1.55% at $98.81, and the next earnings are expected in 10 days.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:48 pm

CXAI

CXApp, Inc. (NASDAQ:CXAI) shares are trading higher after the company announced a 50% reduction in operating expenses and a $5 million cash addition to its balance sheet through investors' redemption of 435 thousand warrants at $11.50. The company also entered into a warrant exchange agreement that will reduce the outstanding public warrants by more than 15%. The release of Q2 2023 financial results and earnings report is anticipated in August. There is a high short interest in CXAI with 69.28% of available shares being sold short.

Portfolio Pulse from Erica Kollmann

July 21, 2023 | 3:38 pm

UAL

United Airlines Holdings Inc (NASDAQ:UAL) has invested in Electric Power Systems (EPS), a company that produces battery technology for aerospace applications. The investment is part of United's strategy to use EPS modules in its current ground operations and potentially in an all-electric flight academy in the future. This is United's second investment in electric battery technology, following an investment in sodium-ion battery-maker Natron. EPS aims to provide a complete battery ecosystem for aviation, including aircraft packs and ground charging stations.

Portfolio Pulse from Shivani Kumaresan

July 21, 2023 | 3:25 pm

CVS

A significant bearish stance has been taken on CVS Health (NYSE:CVS) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 30% bullish and 70% bearish. The targeted price range for CVS Health over the last 3 months is $70.0 to $77.5. The current price of CVS is $75.12, up 0.33%. JP Morgan, Barclays, and Mizuho have maintained their positive ratings on CVS Health, with price targets of $106, $89, and $88 respectively.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:17 pm

MU

A significant bearish stance has been taken on Micron Technology (NASDAQ:MU) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $55.0 to $75.0 for Micron Technology over the last 3 months. Analysts from Needham, Stifel, Wolfe Research, Barclays, and Morgan Stanley have given varied ratings and price targets for the company.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:03 pm

OXY

Unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a split sentiment of 50% bullish and 50% bearish among big-money traders. The options trades range from $20.0 to $80.0 for Occidental Petroleum over the last 3 months. The current price of OXY is up 0.22% at $60.59. Analysts from Stephens & Co. and Morgan Stanley have maintained their Overweight and Equal-Weight ratings respectively, while Citigroup has downgraded its action to Neutral.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:03 pm

AAVEUSD

In the past 24 hours, the price of cryptocurrency Aave (CRYPTO: AAVE) has risen by 3.36% to $74.3, despite a negative trend over the past week where it lost 11.0%. The trading volume for the coin has decreased by 50.0% over the past week, while the overall circulating supply has increased by 0.08% to over 14.49 million. The current market cap ranking for AAVE is #42 at $1.08 billion.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:00 pm