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DOGEUSD

Dogecoin (DOGE) is trading lower by 3.59% amid overall weakness in cryptocurrencies and the broader U.S. market. This is likely due to better-than-expected US jobs data, which could raise concerns over further rate hikes. Dallas Fed president Logan also stated that more rate hikes are likely necessary. The rise in interest rates can introduce additional uncertainty and volatility to the financial markets, potentially leading to a decrease in investor confidence and a shift towards traditional investment options.

Portfolio Pulse from Henry Khederian

July 06, 2023 | 3:51 pm

SPY

Data from the New York Federal Reserve suggests that underlying inflation may be slower than previously thought, according to Reuters.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 3:49 pm

UNH

A significant bullish stance has been taken on UnitedHealth Group (NYSE:UNH) as evidenced by unusual options activity. The sentiment among big-money traders is split between 52% bullish and 47% bearish. Whales have been targeting a price range from $350.0 to $510.0 for UnitedHealth Group over the last 3 months. Several financial institutions have maintained or downgraded their ratings on UNH, with price targets ranging from $560 to $610.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 3:47 pm

DISH

SATS

Charlie Ergen, the chairman of Dish and EchoStar, is considering merging the two companies. EchoStar is financially stronger than Dish, which is spending heavily to build a nationwide mobile network. Dish has $22 billion of debt, more than 10 times its annual cash flow, while EchoStar is essentially debt-free. Dish is also under pressure from the FCC to meet a 2025 deadline to offer service to 75% of Americans, which may require an additional $3 billion investment.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 3:37 pm

AAPL

Apple Inc.'s shares have risen by 17.99% in the past three months. The company's total debt stands at $109.61 billion, with net debt at $84.93 billion after adjusting for cash-equivalents. Apple's debt-ratio is 0.33, indicating a moderate level of financial leverage. Debt is an important factor in a company's capital structure and contributes to its growth.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 3:30 pm

LNG

Cheniere Energy Inc.'s (AMEX:LNG) total debt stands at $24.48 billion, with $24.41 billion in long-term debt and $61.00 million in current debt. After adjusting for $2.95 billion in cash-equivalents, the company has a net debt of $21.53 billion. The company's debt-ratio is 0.61, indicating a considerable portion of debt is funded by assets. This could put the company at risk for default if interest rates were to increase.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 3:15 pm

SPY

USO

The U.S. Energy Information Administration (EIA) has reported that U.S. crude stocks in the Strategic Petroleum Reserve have fallen to their lowest level since August 1983.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 3:06 pm

EWC

Canada has already set a record for the area burned in one fire season and expects higher-than-normal fire activity in July and August, according to Reuters. The ETF EWC, which tracks Canadian stocks, may be affected by this news.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 3:05 pm

INTC

A significant amount of unusual options activity has been observed for Intel (NASDAQ:INTC), with a mix of bullish and bearish stances. Whales have been targeting a price range from $25.0 to $45.0 for Intel over the last 3 months. The current price of INTC is down -3.01% at $31.53. Analysts have mixed opinions, with price targets ranging from $17 to $39.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 3:04 pm

MRVL

A significant bearish stance has been taken on Marvell Tech (NASDAQ:MRVL) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 31% bullish and 68% bearish. The whales have been targeting a price range from $32.5 to $65.0 for Marvell Tech over the last 3 months. Stifel has downgraded its action to Buy with a price target of $65, while Morgan Stanley maintains their Equal-Weight rating with a price target of $68.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 3:03 pm