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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

ON

ON Semiconductor's (NASDAQ:ON) short percent of float has risen 9.08% since its last report, with 27.16 million shares sold short, which is 9.49% of all regular shares available for trading. It would take traders 3.9 days to cover their short positions on average. The company's short interest is higher than most of its peers, with an average of 4.43%.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:15 pm

FTCH

There has been a significant increase in the number of call options for Farfetch (FTCH) with a strike price of $8 expiring on October 20. The number of these options bought at or near the ask price has risen to 2088, compared to an open interest of 885. Farfetch is expected to announce its earnings on August 24 after market close.

Portfolio Pulse from Charles Gross

June 30, 2023 | 3:05 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. The whales have been targeting a price range from $440.0 to $1090.0 for Broadcom over the last 3 months. The price of AVGO is up 0.75% at $869.07. Several financial institutions have maintained their positive ratings on Broadcom, with price targets ranging from $830 to $940.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:02 pm

PANW

A significant bearish stance has been taken on Palo Alto Networks (NASDAQ:PANW) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 23% bullish and 76% bearish. The whales have been targeting a price range from $165.0 to $300.0 for Palo Alto Networks over the last 3 months. The current price of PANW is up 0.73% at $255.19. Several financial institutions have maintained their ratings on PANW, with price targets ranging from $230 to $307.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:01 pm

SOLUSD

Solana's (CRYPTO: SOL) price rose 4.8% to $18.27 in the past 24 hours, continuing its positive trend over the past week with an 11.0% gain. The coin's all-time high is $259.96. Solana's trading volume has climbed 344.0% over the past week and the circulating supply of the coin has increased 0.08% to 399.98 million. The current market cap ranking for SOL is #10 at $7.28 billion.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:00 pm

BCHUSD

Bitcoin Cash (CRYPTO: BCH) has seen a significant increase in its price, rising by 21.75% in the last 24 hours to $295.27. Over the past week, BCH has surged by over 106.0%, moving from $144.07 to its current price. The trading volume for the coin has also risen by 830.0% over the past week, while the circulating supply has decreased by 0.29% to 19.44 million, which is 92.55% of its max supply of 21.00 million. BCH's current market cap ranking is #15 at $5.72 billion.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 3:00 pm