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SNOW

A significant bullish stance has been taken on Snowflake (NYSE:SNOW) by a large investor or institution, as indicated by a large position in the company's options. The sentiment among these big-money traders is split, with 55% bullish and 44% bearish. The price target for Snowflake, based on the volume and open interest of these contracts, ranges from $120 to $250. Several financial institutions, including Goldman Sachs, JMP Securities, Mizuho, Needham, and Barclays, have maintained their positive ratings on Snowflake.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:06 pm

SQ

A significant investor has taken a bearish stance on Block (NYSE:SQ), with 57% of the detected trades being bearish. The trades include 8 puts amounting to $349,996 and 13 calls amounting to $806,596. The whales have been targeting a price range from $55.0 to $80.0 for Block over the last 3 months. The price of SQ is currently up 2.32% at $68.83, and the next earnings are expected in 24 days.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:06 pm

AAVEUSD

Cryptocurrency Aave's price has decreased by 3.32% over the past 24 hours to $70.74, continuing its downward trend over the past week of -5.0%. The trading volume for the coin has fallen 41.0% over the past week, while the overall circulating supply of the coin has increased 0.17% to 14.47 million. The current market cap ranking for AAVE is #42 at $1.02 billion.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

KEYS

Keysight Techs (NYSE:KEYS) has outperformed the market over the past 5 years, producing an average annual return of 22.97%. If an investor had bought $1000 of KEYS stock 5 years ago, it would be worth $2,807.53 today. The company currently has a market capitalization of $30.08 billion.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

CCI

Crown Castle (NYSE:CCI) has outperformed the market over the past 20 years, producing an average annual return of 13.15%. If an investor had bought $100 of CCI stock 20 years ago, it would be worth $1,134.17 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

MATICUSD

Polygon's (CRYPTO: MATIC) price has increased by 6.57% over the past 24 hours to $0.74. Over the past week, MATIC has seen an uptick of over 3.0%. The trading volume for the coin has climbed 33.0% over the past week, while the overall circulating supply of the coin has decreased by 0.07%. The current market cap ranking for MATIC is #13 at $6.87 billion.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 7:00 pm

BTCUSD

Standard Chartered predicts Bitcoin (BTC) could reach $50,000 this year and $120,000 by the end of 2024. The bank believes the rising value of Bitcoin could incentivize miners to accumulate more units. Despite an 80% growth in Bitcoin's value since the start of the year, its current value of around $30,200 is significantly less than its previous peak of $69,000 in November 2021. The bank's prediction is based on the idea that Bitcoin miners would need to sell fewer Bitcoin to cover their operational costs.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 6:47 pm

GS

A significant amount of unusual options activity has been observed for Goldman Sachs Gr (NYSE:GS), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $315.0 to $360.0 for Goldman Sachs Gr over the last 3 months. The price of GS is currently up 0.81% at $317.71, with RSI indicators suggesting the stock may be approaching oversold.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:47 pm

AAN

FMC

JUPW

MOB

NSTG

TIVC

US stocks traded higher with the Nasdaq Composite slightly up. Mobilicom Limited (NASDAQ:MOB) shares rose 85% after receiving a commercial scale purchase order from Teledyne-FLIR for drone production for the US Department of Defense. Jupiter Wellness, Inc. (NASDAQ:JUPW) shares rose 42% after announcing an Asset Purchase Agreement with GBB Drink Lab. NanoString Technologies, Inc. (NASDAQ:NSTG) shares rose 37% after the company raised its Q2 revenue guidance. Tivic Health Systems, Inc. (NASDAQ:TIVC) shares dropped 37% after pricing a public offering of 32.5 million shares. The Aaron's Company, Inc. (NYSE:AAN) shares fell 11% after Loop Capital downgraded the stock. FMC Corporation (NYSE:FMC) shares fell 11% after the company cut its Q2 and 2023 guidance.

Portfolio Pulse from Lisa Levin

July 10, 2023 | 6:43 pm

NOW

A significant bearish stance has been taken on ServiceNow (NYSE:NOW) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $480.0 to $820.0 for ServiceNow over the last 3 months. Needham has downgraded its action to Buy with a price target of $660.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:31 pm