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Assets

SNAP

There has been a significant options activity on Snap Inc. (SNAP) with a sweep of 840 calls at a strike price of $13.5 expiring on July 28. The calls were purchased near the ask price of $1.201, compared to an open interest of 2698. The reference price for SNAP was $13.205.

Portfolio Pulse from Charles Gross

July 18, 2023 | 7:27 pm

DE

A significant bullish stance on Deere (NYSE:DE) has been observed through unusual options activity. The sentiment among these big-money traders is split between 57% bullish and 42% bearish. The whales have been targeting a price range from $350.0 to $500.0 for Deere over the last 3 months. Canaccord Genuity downgraded its action to Buy with a price target of $530, while Citigroup maintained their Buy rating with a price target of $475.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:01 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has increased by 4.08% over the past 24 hours to $5.96, and by over 13.0% over the past week. The trading volume for the coin has climbed 268.0% over the past week, while the overall circulating supply of the coin has decreased 0.19% to 753.77 million. The current market cap ranking for UNI is #19 at $4.49 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:00 pm

XRPUSD

XRP's price has risen 5.36% to $0.76 in the past 24 hours, continuing its positive trend over the past week with a 59.0% gain. The trading volume for the coin has risen 246.0% over the past week, diverging from the circulating supply of the coin, which has decreased 0.15%. The current market cap ranking for XRP is #4 at $40.15 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:00 pm

TEL

TE Connectivity (NYSE:TEL) has outperformed the market over the past 10 years, producing an average annual return of 11.51%. If an investor had bought $1000 of TEL stock 10 years ago, it would be worth $2,962.58 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 6:30 pm

BHP

BHP Group Inc. (NYSE:BHP) has seen its shares rise by 3.87% over the past three months. The company's total debt stands at $46.58 billion, with long-term debt at $40.16 billion and current debt at $6.42 billion. After adjusting for $10.32 billion in cash-equivalents, the net debt is $36.26 billion. BHP Group's total assets amount to $118.95 billion, resulting in a debt-ratio of 0.39. Debt is a crucial factor in a company's capital structure and can help it achieve growth.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 6:30 pm

LLY

Unusual options activity has been observed for Eli Lilly (NYSE:LLY), with 17 options trades spotted, split between 52% bullish and 47% bearish. The big-money traders have been targeting a price range from $330.0 to $520.0 for Eli Lilly over the last 3 months. The current price of LLY is up 1.06% at $451.87. Analysts from Truist Securities, Cantor Fitzgerald, and Morgan Stanley have given their ratings and price targets for the company.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 6:15 pm

UPS

United Parcel Service Inc. (NYSE:UPS) has seen its shares move lower by 5.84% in the past three months. The company's total debt stands at $22.19 billion, with $19.86 billion in long-term debt and $2.33 billion in current debt. After adjusting for $6.19 billion in cash-equivalents, the net debt is $16.00 billion. The company's debt-ratio is 0.31, indicating a moderate level of financial leverage.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 6:00 pm

ETHUSD

On Monday, 4,588.44 Ether (ETH) worth $8,670,080 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -4.69%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 6:00 pm

BNBUSD

BTCUSD

COIN

XRPUSD

The SEC v. Ripple case ruling, which establishes that crypto tokens are not inherently securities, is seen as a pivotal moment for future U.S. crypto regulation, according to a Cantor Fitzgerald report. The ruling is expected to have significant implications for ongoing SEC lawsuits against Coinbase Global Inc and Binance. The report suggests that this ruling will safeguard domestic crypto on-ramps from regulatory crackdowns and will likely accelerate adoption and innovation across the crypto ecosystem.

Portfolio Pulse from Murtuza Merchant

July 18, 2023 | 5:56 pm