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MRVL

Unusual options activity has been observed in Marvell Tech (NASDAQ: MRVL), with a large bullish position appearing on Benzinga's options scanner. The overall sentiment of these big-money traders is 76% bullish and 23% bearish. The targeted price range for Marvell Tech over the last 3 months is $45.0 to $95.0.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 3:08 pm

GS

A whale has taken a bullish stance on Goldman Sachs Gr (NYSE:GS) with 63% of investors opening trades with bullish expectations. Whales have been targeting a price range of $270 to $340 for GS over the last 3 months. The stock is currently up 0.89% at $329.71.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 3:07 pm

UBER

Unusual options activity has been observed for Uber Technologies (NYSE:UBER), with 11 uncommon options trades spotted, 63% bullish and 36% bearish. Whales have been targeting a price range of $27.5 to $40.0 for Uber over the last 3 months. The stock is currently down 2.2% at $39.37.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:49 pm

UNG

USA gasoline inventories reported a build of 2.746 million barrels, significantly higher than the estimated build of 0.880 million barrels and the prior draw of 0.207 million barrels.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 2:41 pm

SPY

UNG

USO

The EIA reported a weekly distillates stocks build of 5.075 million, significantly higher than the estimated 1.328 million and the prior week's build of 0.985 million.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 2:40 pm

USO

USA crude oil inventories reported a draw of 0.451 million barrels, compared to an estimated build of 1.022 million barrels and a prior build of 4.488 million barrels.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 2:40 pm

ORCL

Unusual options activity has been observed for Oracle (NYSE:ORCL), with 12 uncommon options trades spotted. The sentiment is split between 58% bullish and 41% bearish. Whales have been targeting a price range of $97.5 to $115.0 for Oracle over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:31 pm

EWC

The Bank of Canada has raised interest rates to 4.75%, marking the highest level in 22 years. This move could impact the iShares MSCI Canada ETF (EWC).

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 2:26 pm

COIN

Over 1,000 crypto projects are using artificial intelligence (AI) in some way, according to a report by Coinbase. The market capitalization of these projects is still low at 0.07% of the total across all tokens. Challenges include lack of standards, high costs, and unclear regulation. However, AI has the potential to improve security, make smart contracts more efficient, and create new decentralized applications.

Portfolio Pulse from Murtuza Merchant

June 07, 2023 | 2:23 pm

DE

A large bearish position on Deere (NYSE:DE) has been spotted, with 60% of big-money traders being bearish and 40% bullish. Whales have been targeting a price range of $340 to $385 for Deere over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:16 pm