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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

CVNA

DASH

GOEV

HZO

RIVN

TSLA

VZIO

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable transactions include bullish call options for TSLA and GOEV, and bearish call options for F, RIVN, LI, and VZIO. Bearish put options were observed for HZO, CVNA, and DASH, while W saw bullish put options.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 5:35 pm

AAPL

AMD

AVGO

FROG

IBM

MSFT

NVDA

PANW

RIOT

TWLO

Benzinga's options activity scanner has identified significant trading activity in the options of ten information technology stocks. The stocks include Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Advanced Micro Devices (AMD), IBM, Twilio (TWLO), Broadcom (AVGO), JFrog (FROG), Riot Blockchain (RIOT), and Palo Alto Networks (PANW). The options activity, which includes both bullish and bearish sentiments, could potentially influence the short-term price of these stocks.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 5:35 pm

GOOGL

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 10 years by 8.14% on an annualized basis, producing an average annual return of 18.5%. If an investor had bought $100 of GOOGL stock 10 years ago, it would be worth $541.91 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 5:30 pm

GLD

Citi predicts that gold prices could potentially reach new records of $2,150 at some point in the first half of 2024, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 5:24 pm

PDD

A significant bearish stance has been taken on PDD Holdings (NASDAQ:PDD) by a large investor, as indicated by unusual options trades. The sentiment among these big-money traders is split, with 44% bullish and 55% bearish. The whales have been targeting a price range from $40.0 to $115.0 for PDD Holdings over the last 3 months. Currently, PDD's price is down by 4.27% at $75.72.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 5:15 pm

QCOM

Over the past 20 years, Qualcomm (NASDAQ:QCOM) has outperformed the market by 1.91% on an annualized basis, producing an average annual return of 9.75%. If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $653.32 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 4:30 pm