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Assets

LI

A significant bullish stance has been taken on Li Auto (NASDAQ:LI) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $35.0 to $40.0 for Li Auto over the last 3 months. The price of LI is currently down -0.33% at $35.77.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:32 pm

LRCX

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years, producing an average annual return of 21.92%. If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $19,643.88 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:30 pm

IT

Gartner (NYSE:IT) has outperformed the market over the past 5 years by 10.77% on an annualized basis, producing an average annual return of 20.22%. If an investor had bought $1000 of IT stock 5 years ago, it would be worth $2,493.12 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:30 pm

DHI

Over the past 10 years, D.R. Horton (NYSE:DHI) has outperformed the market by 8.37% on an annualized basis, producing an average annual return of 18.48%. If an investor had bought $1000 of DHI stock 10 years ago, it would be worth $5,443.37 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:01 pm

LEN

Over the past 10 years, Lennar (NYSE:LEN) has outperformed the market by 3.27% on an annualized basis, producing an average annual return of 13.37%. If an investor had bought $1000 of LEN stock 10 years ago, it would be worth $3,501.43 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:00 pm

SONY

WMG

The late Aretha Franklin's handwritten wills are the subject of a trial between her sons, with the outcome set to determine the distribution of her music rights, money, and property. Franklin's music was released under Atlantic Records, now Warner Music Group Corp (NASDAQ:WMG), and Arista Records, now a unit of Sony Group Corp (NYSE:SONY). The estate of Franklin is estimated at $18 million.

Portfolio Pulse from Chris Katje

July 10, 2023 | 4:46 pm

RTX

Raytheon Technologies Inc. (NYSE:RTX) has seen its shares decrease by 4.02% in the past three months. The company's total debt stands at $34.49 billion, with net debt at $28.59 billion after adjusting for cash-equivalents. The company's debt-ratio is 0.21, indicating a moderate level of financial leverage. Debt is an important factor in a company's capital structure and can contribute to growth, but also carries risks such as potential default if interest rates increase.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 4:45 pm

T

A large bearish position on AT&T (NYSE:T) has been noticed on publicly available options history. Benzinga's options scanner spotted 11 options trades for AT&T, with 10 being puts and 1 call. The sentiment of these big-money traders is split between 27% bullish and 72% bearish. Whales have been targeting a price range from $15.0 to $22.0 for AT&T over the last 3 months. Barclays has maintained their Equal-Weight rating on AT&T, with a price target of $17.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 4:33 pm

BTCUSD

ETHUSD

Vitalik Buterin, co-founder of Ethereum, suggested that Bitcoin needs to adopt scalable solutions like Ethereum to expand beyond just a payment system. He mentioned Optimism and Arbitrum as two prominent rollup examples that Bitcoin could learn from. Ethereum has transitioned from a proof-of-work to a proof-of-stake network, while experimenting with various Layer 2 solutions such as ZK-rollups and Plasma. Bitcoin's scalability has been improved by the Lightning Network and the advent of Bitcoin Ordinals.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 4:29 pm

JUPW

Jupiter Wellness Inc (NASDAQ:JUPW) has entered into an asset purchase agreement with GBB Drink Lab Inc. The deal includes all operating assets related to GBB Drink Lab, including the Safety Shot beverage, valued at $53 million. The Safety Shot business segment is expected to generate $25 million in revenues and $4 million in net income by Q1 2024 for Jupiter Wellness. The global hangover cure products market is expected to reach $4.67 billion by 2028.

Portfolio Pulse from Shivani Kumaresan

July 10, 2023 | 3:57 pm