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DVN

Unusual options activity has been observed for Devon Energy (NYSE:DVN), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 options trades, with 90% being bearish. Whales have been targeting a price range of $40 to $70 for Devon Energy over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:30 pm

NFLX

A large bearish position on Netflix (NASDAQ:NFLX) has been spotted, with 52 uncommon options trades identified. The sentiment of these big-money traders is 34% bullish and 65% bearish. Whales have been targeting a price range from $10.0 to $500.0 for Netflix over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:15 pm

NOW

Unusual options activity has been observed for ServiceNow (NYSE:NOW), with a bearish stance taken by a big-money trader. The overall sentiment is split between 30% bullish and 70% bearish, with a price target range of $450 to $630 for ServiceNow over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 1:46 pm

LI

Li Auto option alert for June 9th $31 calls sweep with 1004 contracts at $0.868, compared to 198 open interest; stock reference price at $30.06.

Portfolio Pulse from Charles Gross

May 30, 2023 | 1:44 pm

NVDA

Nvidia's market cap has surpassed $1 trillion for the first time, driven by strong demand for its graphics processing units (GPUs) and artificial intelligence (AI) technologies.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:31 pm

NMTR

9 Meters Biopharma announces the resignation of John Temperato as President and CEO, with CFO Bethany Sensenig appointed as interim CEO. The company is considering an additional Phase 2 trial for vurolenatide in patients with short bowel syndrome, following feedback from the FDA and other stakeholders.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:29 pm

SPY

The House Price Index for March came in at 398, higher than the estimated 393.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:06 pm

SPY

The House Price Index for March increased by 3.6% YoY, surpassing the expected 2.4% growth.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:01 pm

SPY

The USA House Price Index for March increased by 0.6%, beating the estimated 0.2% and slightly lower than the prior month's 0.7%.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:00 pm

BABA

SFTBF

SFTBY

Top hedge funds, including Michael Burry's, Moore Capital Management, and Third Point LLC, increased their stakes in Alibaba Group Holding Limited (NYSE:BABA) in Q1. Meanwhile, Asia-based hedge funds, such as Segantii Capital Management Ltd. and Alpine Investment Management Ltd., offloaded nearly half of Alibaba ADRs. Alibaba ADRs have lost value since January due to Softbank Group Corp's (OTC: SFTBF) (OTC: SFTBY) plan to reduce its stake and rising geopolitical tension.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 12:50 pm