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SPY

UNG

USO

The U.S. Baker Hughes Oil Rig Count has decreased by 1 from last week to 545, while the Gas Rig Count has decreased by 6 to 124.

Portfolio Pulse from Happy Mohamed

June 30, 2023 | 5:02 pm

ABBV

A significant bullish stance has been taken on AbbVie (NYSE:ABBV) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 62% bullish and 37% bearish. The whales have been targeting a price range from $110.0 to $140.0 for AbbVie over the last 3 months. The price of ABBV is up 1.25% at $134.89, with the RSI indicators suggesting the stock is currently neutral.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:46 pm

AMD

A significant bearish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) by a large investor, as indicated by a large position in the company's publicly available options history. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $90.0 to $165.0 for AMD over the last 3 months. Several financial institutions have maintained their ratings on AMD, with price targets ranging from $120 to $200.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:46 pm

BLK

BTCUSD

COIN

The SEC has rejected recent applications for spot bitcoin ETFs filed by asset managers including BlackRock and Fidelity Investments, citing lack of clarity and comprehensiveness. This comes as bitcoin and crypto-related stocks have surged following BlackRock's ETF application. Bitcoin has risen by approximately 20%, while shares of Coinbase Global, the custodian for the BlackRock fund's holdings, have surged by over 30%. Other asset managers have also reactivated or amended their applications for spot Bitcoin ETFs.

Portfolio Pulse from Murtuza Merchant

June 30, 2023 | 4:32 pm

ABNB

A significant amount of unusual options activity has been detected for Airbnb (NASDAQ:ABNB), with a majority of investors taking a bullish stance. Of the 11 strange trades detected, 72% were bullish and 27% were bearish. The total amount for puts was $61,387 and for calls was $687,706. Whales have been targeting a price range from $80.0 to $155.0 for Airbnb over the last 3 months. The price of ABNB is up 3.31% at $129.25. Several experts have downgraded their ratings on Airbnb, with price targets ranging from $99 to $150.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:32 pm

BMY

A significant bullish stance has been taken on Bristol-Myers Squibb (NYSE:BMY) by a large investor or institution, as indicated by unusual options trading activity. The sentiment among these big-money traders is split, with 63% bullish and 36% bearish. The targeted price range for BMY over the last three months appears to be $62.5 to $65.0. Truist Securities has downgraded its action to Buy with a price target of $84.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:32 pm

FDX

A large bearish position has been taken on FedEx (NYSE:FDX), as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. Whales have been targeting a price range from $150.0 to $255.0 for FedEx over the last 3 months. The price of FDX is down -1.48% at $246.28. Analysts from Argus Research, Raymond James, and JP Morgan maintain positive ratings on FedEx, while Stephens & Co. and Citigroup have downgraded their actions.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:01 pm

MDB

A significant amount of unusual options activity has been observed for MongoDB (NASDAQ:MDB), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 55% bullish and 45% bearish. The price of MDB is up 2.75% at $414.07. Several financial institutions have maintained their positive ratings on MongoDB, with price targets ranging from $365 to $430.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 4:01 pm

RIG

Transocean has announced a $184 million award for its harsh environment semisubmersible services, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 3:59 pm

CAT

A significant amount of unusual options activity has been detected for Caterpillar (NYSE:CAT), with a majority of investors taking a bearish stance. The trades have targeted a price range of $210.0 to $300.0 for Caterpillar over the last 3 months. The current price of CAT is up 0.6% at $245.72. Tigress Financial has maintained their Buy rating on Caterpillar with a price target of $282, while DA Davidson has downgraded its action to Neutral with a price target of $263.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:46 pm