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MSTR

MicroStrategy Inc (NASDAQ:MSTR) has added 12,333 Bitcoin to its holdings, investing around $347 million. This brings the company's total Bitcoin holdings to 52,333 coins, which have been amassed for a staggering $4.52 billion. Despite considerable losses since its initial investment in 2020, the company's co-founder and chairman, Michael Saylor, remains dedicated to cryptocurrency.

Portfolio Pulse from Murtuza Merchant

June 28, 2023 | 4:08 pm

VMW

A significant amount of unusual options activity has been detected for VMware (NYSE:VMW), with a bearish stance being taken by a majority of investors. Of the spotted trades, 60% were bearish and 40% bullish. The total amount for puts was $347,999 and for calls was $291,442. Whales have been targeting a price range from $110.0 to $140.0 for VMware over the last 3 months. The current price of VMW is up 0.83% at $142.16. Analysts from BMO Capital, Mizuho, Piper Sandler, and UBS have maintained their ratings on VMware.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 4:02 pm

NKE

Over the past 20 years, Nike (NYSE:NKE) has outperformed the market by 7.51% on an annualized basis, producing an average annual return of 15.12%. If an investor had bought $100 of NKE stock 20 years ago, it would be worth $1,672.46 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 4:01 pm

HES

Hess (NYSE:HES) has outperformed the market over the past 5 years, producing an average annual return of 15.13%. If an investor had bought $100 of HES stock 5 years ago, it would be worth $205.78 today. Hess currently has a market capitalization of $41.01 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 4:00 pm

JNJ

A significant bullish stance on Johnson & Johnson (NYSE:JNJ) has been observed, with 35 uncommon options trades spotted. The sentiment of these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $145.0 to $165.0 for Johnson & Johnson over the last 3 months. Citigroup has downgraded its action to Buy with a price target of $185, while Mizuho maintains their Buy rating with a price target of $40.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:48 pm

GM

A significant amount of unusual options activity has been detected for General Motors (NYSE:GM), with a majority of investors taking a bullish stance. Of the 12 strange trades detected, 66% were bullish and 33% were bearish. The total amount for puts was $254,382 and for calls was $465,741. Whales have been targeting a price range from $30.0 to $45.0 for GM over the last 3 months. The current price of GM is up 0.85% at $37.8.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:48 pm

MSI

Motorola Solns (NYSE:MSI) has outperformed the market over the past 15 years, producing an average annual return of 16.56%. If an investor had bought $1000 of MSI stock 15 years ago, it would be worth $9,830.86 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:31 pm

ALB

A significant bearish stance has been taken on Albemarle (NYSE:ALB) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $90.0 to $320.0 for Albemarle over the last 3 months. Currently, ALB's price is down -1.47% at $223.74. Keybanc maintains an Overweight rating on Albemarle with a price target of $291, while Citigroup downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:18 pm

BTCUSD

COMPUSD

ETHUSD

OPUSD

SUIUSD

Bitcoin and Ethereum traded lower, remaining below the key levels of $31,000 and $1,900 respectively. The global crypto market cap fell to $1.17 trillion, recording a 24-hour decline of 1.1%. Compound was the top gainer over the prior 24 hours, while Optimism and Sui were among the biggest losers.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 3:06 pm

MSCI

Over the past 10 years, MSCI (NYSE:MSCI) has outperformed the market by 19.39% on an annualized basis, producing an average annual return of 29.85%. If an investor had bought $100 of MSCI stock 10 years ago, it would be worth $1,353.81 today. The company currently has a market capitalization of $36.97 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:02 pm