Streetbeat News

Assets

MDB

A significant investor has taken a bullish stance on MongoDB (NASDAQ:MDB), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whales have been targeting a price range from $390.0 to $560.0 for MongoDB over the last 3 months. The current price of MDB is up 0.24% at $408.18. Barclays, Truist Securities, and Morgan Stanley have maintained their positive ratings on MongoDB, while Capital One and Piper Sandler have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:33 pm

A significant bearish stance has been taken on Goldman Sachs Gr (NYSE:GS) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The targeted price range for Goldman Sachs Gr over the last 3 months has been from $300.0 to $350.0. The current price of GS is down -0.22% at $327.96.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:33 pm

HUBS

HubSpot (NYSE:HUBS) has outperformed the market over the past 5 years by 23.35% on an annualized basis, producing an average annual return of 33.33%. If an investor had bought $100 of HUBS stock 5 years ago, it would be worth $425.79 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:31 pm

MCO

Moody's (NYSE:MCO) has outperformed the market over the past 20 years, producing an average annual return of 13.84%. If an investor had bought $1000 of MCO stock 20 years ago, it would be worth $13,344.63 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:30 pm

SPY

UUP

The University of Michigan Consumer Sentiment Index shows a spike from 64.4 in June to 72.6 in July, beating expectations of 65.5. This is the highest level of consumer optimism in nearly two years. Inflation expectations also increased slightly. The SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) both saw increases following the news.

Portfolio Pulse from Piero Cingari

July 14, 2023 | 2:27 pm

BLK

JPM

KRE

STT

WFC

XLF

The Financial Select Sector SPDR Fund (XLF) has recovered from the selloff caused by the collapse of Silicon Valley Bank (SIVB). Major U.S. banks such as JPMorgan Chase (JPM), Wells Fargo (WFC), BlackRock (BLK), Citigroup (C), and State Street (STT) have reported earnings that exceeded expectations, although BlackRock and State Street reported lower-than-expected revenues. The SPDR S&P Regional Banking ETF (KRE) is still 25% lower than pre-SIVB levels.

Portfolio Pulse from Piero Cingari

July 14, 2023 | 2:24 pm

TWN

Taiwan Fund has reported a Q3 net asset value per share of $35.74, up from $32.32 in the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:24 pm

HUM

A significant bullish stance has been taken on Humana (NYSE:HUM) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 68% bullish and 31% bearish. The price target for Humana over the last 3 months has been between $420.0 to $465.0. Wells Fargo and Mizuho have maintained their Overweight and Buy ratings on Humana respectively, while RBC Capital and JP Morgan have downgraded their actions.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:16 pm

ADBE

A significant bearish stance has been taken on Adobe (NASDAQ:ADBE) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 26% bullish and 73% bearish. The whales have been targeting a price range from $360.0 to $620.0 for Adobe over the last 3 months. Adobe's current price is $520.57, up 0.64%. Analysts from Goldman Sachs, Piper Sandler, BMO Capital, Mizuho, and RBC Capital have maintained their ratings on Adobe, with price targets ranging from $520 to $572.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:16 pm

RNLSY

STLA

TSLA

WKSP

Renault (OTC:RNLSY) Chairman expressed concerns about Europe's over-reliance on China for EV supply chain, following China's decision to restrict metal exports. In the US, Worksport Ltd (NASDAQ:WKSP) announced significant progress at its US facility, aiming to deliver its Solis solar-powered tonneau cover and COR remote power storage system. Tesla Inc (NASDAQ:TSLA) stated that the US could go all-electric by the end of the decade. Toyota Motor (NYSE:TM) and Stellantis (NYSE:STLA) believe the EPA's expectations for EV market growth are overly optimistic. General Motors (NYSE:GM) aims to surpass Tesla in EV sales in the US.

Portfolio Pulse from Upwallstreet

July 14, 2023 | 2:13 pm