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NXPI

A significant bearish stance has been taken on NXP Semiconductors (NASDAQ:NXPI) by a large investor, as observed from unusual options activity. The sentiment among these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $185.0 to $220.0 for NXP Semiconductors over the last 3 months. The price of NXPI is up 2.47% at $209.1, and RSI indicators suggest the stock may be approaching overbought. Susquehanna has downgraded its action to Neutral with a price target of $165.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:16 pm

WBD

Unusual options activity has been observed for Warner Bros. Discovery (NASDAQ:WBD), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 70% bullish and 30% bearish. The whales have been targeting a price range from $12.0 to $12.5 for Warner Bros. Discovery over the last 3 months. The price of WBD is currently up 2.91% at $12.9.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:05 pm

MAR

Marriott Intl (NASDAQ:MAR) has outperformed the market over the past 20 years by 4.42% on an annualized basis, producing an average annual return of 12.18%. If an investor had bought $100 of MAR stock 20 years ago, it would be worth $965.17 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm

VEEV

Veeva Sys (NYSE:VEEV) has outperformed the market over the past 5 years by 9.87% on an annualized basis, producing an average annual return of 19.32%. If an investor had bought $1000 of VEEV stock 5 years ago, it would be worth $2,418.65 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm

ETHUSD

On Sunday, 3,680.57 Ether (ETH) worth $6,881,195 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 -3.06%.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 6:00 pm

NEM

Newmont's (NYSE:NEM) short percent of float has risen 12.2% since its last report, with 22.61 million shares sold short, which is 3.22% of all regular shares available for trading. It would take traders 2.94 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.43%.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:45 pm

COIN

JPM

LNC

MTB

WAL

Benzinga's options activity scanner has identified significant options activity in nine financial stocks: Citigroup (C), Morgan Stanley (MS), XP Inc. (XP), JPMorgan Chase (JPM), Nu Holdings (NU), M&T Bank (MTB), Lincoln National (LNC), Coinbase Global (COIN), and Western Alliance Bancorp (WAL). The activity includes both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:39 pm

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CHGG

CRI

CVNA

CZR

EDU

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RIVN

TSLA

Benzinga's options activity scanner has identified unusual trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Rivian (RIVN), Caesars Entertainment (CZR), Chegg (CHGG), Carter's (CRI), Carvana (CVNA), Lucid Group (LCID), Li Auto (LI), Airbnb (ABNB), and New Oriental Education & Technology Group (EDU). The scanner tracks large transactions, known as 'whale alerts', which can indicate the sentiment of large investors and potentially predict market movements.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:39 pm

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AMD

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MSFT

NVDA

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WDAY

The article reports on the unusual options activity in the Information Technology sector. The stocks mentioned include Microsoft (MSFT), Nvidia (NVDA), Riot Blockchain (RIOT), Enphase Energy (ENPH), Salesforce (CRM), Zoom Video Communications (ZM), Advanced Micro Devices (AMD), Marathon Digital Holdings (MARA), Adobe (ADBE), and Workday (WDAY). The article provides details on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:39 pm

UNH

A significant bearish stance has been taken on UnitedHealth Group (NYSE:UNH) as indicated by unusual options activity. The sentiment among big-money traders is 35% bullish and 65% bearish. The price range targeted by these traders over the last 3 months is $430.0 to $480.0. Meanwhile, several financial institutions have maintained or downgraded their ratings on UNH, with price targets ranging from $527 to $600.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:33 pm