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DVN

A significant bullish stance has been taken on Devon Energy (NYSE:DVN) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 76% bullish and 23% bearish. The whales have been targeting a price range from $40.0 to $57.5 for Devon Energy over the last 3 months. The price of DVN is currently down -3.68% at $49.23. Citigroup, RBC Capital, and Mizuho have given price targets of $57, $60, and $65 respectively.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:16 pm

AZO

A large investor has taken a bullish stance on AutoZone (NYSE:AZO), with Benzinga's options scanner spotting 10 uncommon options trades for the company. The sentiment of these big-money traders is split evenly between bullish and bearish. The trades include 5 puts, totalling $172,840, and 5 calls, totalling $188,988. The targeted price range for AutoZone over the last 3 months has been $1790.0 to $2630.0.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:16 pm

CRWD

A significant bearish stance has been taken on CrowdStrike Holdings (NASDAQ:CRWD) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $55.0 to $220.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 0.26% at $151.14. Analysts have mixed opinions with Needham and JMP Securities downgrading their actions while Mizuho maintains their Buy rating.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:16 pm

EWJ

REMX

USO

Japan and Saudi Arabia are expected to agree on joint investments to develop rare-earth resources, aiming to reduce reliance on countries like China for key minerals. The agreement will involve Japan's Ministry of Economy, Trade and Industry, the Japan Organization for Metals and Energy Security (JOGMEC), and Saudi Arabia's Ministry of Industry and Mineral Resources. They will explore resource development projects in third countries for joint investment, focusing on rare-earth metals used in electric vehicles (EVs).

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 5:08 pm

SPY

UNG

USO

The U.S. Baker Hughes gas rig count has decreased by 2 from last week to 133, while the oil rig count has decreased by 3 to 537.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 5:02 pm

TTD

Trade Desk (NASDAQ:TTD) has outperformed the market over the past 5 years by 46.78% on an annualized basis, producing an average annual return of 56.7%. If an investor had bought $100 of TTD stock 5 years ago, it would be worth $960.77 today. Trade Desk has a market capitalization of $43.82 billion.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:00 pm

ALNY

Alnylam Pharmaceuticals (NASDAQ:ALNY) has outperformed the market over the past 15 years by 4.17% on an annualized basis, producing an average annual return of 13.02%. If an investor had bought $100 of ALNY stock 15 years ago, it would be worth $634.70 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 5:00 pm

LGEIY

LGEJY

LG Electronics plans to invest $39.5 billion in research and development, facilities, and strategic investments to achieve $79 billion in sales by 2030. The company is shifting from a home appliance and electronics goods maker to a platform-based technology company. The new strategy includes bolstering service platforms for home appliances and strengthening business-to-business units. LG also plans to grow in areas like electric vehicle charging and digital healthcare. The company will offer webOS, its operating system for smart TVs, as a service platform provider.

Portfolio Pulse from Anusuya Lahiri

July 14, 2023 | 4:58 pm

BTCUSD

Monochrome Asset Management, in partnership with Vasco Trustees, has revised its application with the Australian Securities Exchange (ASX) to offer a spot Bitcoin ETF, marking the first such filing under Australia's new crypto regulations. The Monochrome Bitcoin ETF (IBTC) will provide investors with direct exposure to Bitcoin. The firm's CEO, Jeff Yew, believes the launch of a Bitcoin ETF on the ASX would signal the end of the 'unregulated Wild West' era and offer a structured and protected environment for investors.

Portfolio Pulse from Murtuza Merchant

July 14, 2023 | 4:40 pm

COP

Unusual options activity has been observed for ConocoPhillips (NYSE:COP), with a large position indicating a bullish stance. The options scanner at Benzinga spotted 10 uncommon trades, split 50% bullish and 50% bearish. The total amount for puts is $104,100 and for calls is $479,775. Whales have been targeting a price range from $65.0 to $115.0 for ConocoPhillips over the last 3 months. The current price of COP is down -2.85% at $107.4. Analysts from Mizuho, Wolfe Research, and Citigroup have maintained their ratings with price targets of $127, $120, and $140 respectively.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 4:33 pm