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NKE

A significant bearish stance on Nike (NYSE:NKE) has been observed through unusual options activity. The sentiment among these big-money traders is 91% bearish, with a price target range of $105.0 to $120.0 for Nike over the last 3 months. Despite this, several financial institutions have maintained their positive ratings on Nike, with price targets ranging from $127 to $142.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:38 pm

GS

Goldman Sachs Group, Inc. (GS) has sold $1 billion of Marcus loans to investment firm Varde Partners as part of its plan to exit the lending business. The personal loans were purchased at a bargain to face value last month. This is the latest tranche of Marcus borrowings that Goldman has been offloading since earlier this year. GS shares are trading higher by 0.53% to $328.13.

Portfolio Pulse from Nabaparna Bhattacharya

July 13, 2023 | 3:37 pm

ETHUSD

An iconic photo of the late rapper The Notorious B.I.G. is being auctioned as a non-fungible token (NFT). The auction, called 'There Can Only Be One', includes a physical cutout of the photo, a digital version on the blockchain, and a one-on-one video call with the photographer, Barron Claiborne. Bidding starts at 50 Ethereum (ETH), or around $94,000. The auction also includes the sale of a limited edition NFT and an open edition NFT. Forty percent of the proceeds will be donated to charity.

Portfolio Pulse from Chris Katje

July 13, 2023 | 3:31 pm

APH

Amphenol (NYSE:APH) has outperformed the market over the past 20 years, producing an average annual return of 17.19%. If an investor had bought $1000 of APH stock 20 years ago, it would be worth $25,156.54 today. The company currently has a market capitalization of $50.83 billion.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:30 pm

CRM

Salesforce (NYSE:CRM) has outperformed the market over the past 15 years, producing an average annual return of 18.64%. If an investor had bought $1000 of CRM stock 15 years ago, it would be worth $13,197.93 today. The company currently has a market capitalization of $223.73 billion.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:30 pm

CL

Colgate-Palmolive Inc. (NYSE:CL) has a total debt of $8.91 billion, with $8.87 billion in long-term debt and $37.00 million in current debt. After adjusting for $867.00 million in cash-equivalents, the company's net debt stands at $8.04 billion. The company's debt-ratio is 0.55, considering its total assets of $16.17 billion. Debt is an important factor in a company's capital structure and can help it attain growth.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:15 pm

FREY

FREYR Battery has been awarded a €100M grant from the EU Innovation Fund to support the development of its Giga Arctic Project in Norway.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 3:07 pm

UBER

A significant amount of unusual options activity has been observed for Uber Technologies (NYSE:UBER), with a mix of bullish and bearish stances. The trades include 2 puts amounting to $73,845 and 8 calls amounting to $480,007. Whales have been targeting a price range from $25.0 to $50.0 for Uber over the last 3 months. The company's stock price is currently up 0.61% at $44.79. Several experts have given their ratings on Uber, with price targets ranging from $50 to $75.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:04 pm

BSX

Boston Scientific (NYSE:BSX) has outperformed the market over the past 10 years, producing an average annual return of 18.6%. If an investor had bought $1000 of BSX stock 10 years ago, it would be worth $5,546.46 today.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:01 pm

IQV

IQVIA Hldgs (NYSE:IQV) has outperformed the market over the past 5 years, producing an average annual return of 14.98%. If an investor had bought $1000 of IQV stock 5 years ago, it would be worth $2,033.98 today.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 3:00 pm