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CAT

Caterpillar (NYSE:CAT) has seen a notable bullish sentiment in its options market, with 53% of traders being bullish and 23% bearish. The analysis revealed 13 unusual trades, with a focus on a price range of $280.0 to $370.0. The largest trades included both calls and puts, with varying sentiments and strike prices. Caterpillar, a leading manufacturer of heavy equipment, is currently trading at $347.73, up 1.27%, with a neutral RSI and its next earnings release in 92 days.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:31 pm

BA

Financial analysts observed unusual options activity for Boeing (NYSE:BA), noting a mix of bullish and bearish sentiments among traders. The analysis highlighted 21 trades, with a focus on a price band between $145.0 and $300.0 for Boeing's stock. Significant trades included both calls and puts with varying sentiments and expiration dates. Boeing's current market position shows a 3.27% increase in stock price to $172.68, with an upcoming earnings report in 86 days. Industry analysts have set an average target price of $211.0 for Boeing, with ratings ranging from Buy to Equal-Weight.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:31 pm

TMUS

Over the past 10 years, T-Mobile US (NASDAQ:TMUS) has produced an average annual return of 18.1%, outperforming the market by 7.54% on an annualized basis. A $100 investment in TMUS a decade ago would now be worth $516.51, showcasing the impact of compounded returns on investment growth. T-Mobile US currently has a market capitalization of $192.84 billion.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:30 pm

ICLR

Icon (NASDAQ:ICLR) has delivered an average annual return of 16.62% over the past 5 years, outperforming the market by 4.98%. A $1000 investment in ICLR 5 years ago would be worth $2,172.41 today. Icon's market capitalization stands at $25.57 billion.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:30 pm

FULT

Fulton Financial announced in a conference call that it plans to sell a $2 billion securities portfolio of Republic Bank.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:12 pm

FULT

Fulton Financial announced in a conference call that it expects to receive $1 billion from the Federal Deposit Insurance Corporation (FDIC) as part of a transaction.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:11 pm

SHEL

Reliance Industries has purchased 2 million barrels of Canadian crude oil from Shell for July delivery, utilizing Canada's new Trans Mountain pipeline. This marks Reliance's first acquisition of Canadian crude, with the pipeline set to enhance crude flow from Alberta to the Pacific Coast, facilitating access to Asian and U.S. West Coast markets. Shell will transfer the oil via ship-to-ship transfers to a Very Large Crude Carrier for shipment to Reliance's Sikka port refinery. The deal was made at a $6/barrel discount to September ICE Brent.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:11 pm

ARKB

FBTC

GBTC

IBIT

Spot Bitcoin ETFs experienced their third consecutive week of net outflows, totaling $435 million, with Grayscale's GBTC seeing the largest outflow of $454.1 million. Despite this, new issuers saw inflows, and the trend occurs as Australia considers approving spot Bitcoin ETFs, indicating a growing global market. Bitcoin's price action and the future of digital assets are key topics of interest.

Portfolio Pulse from Ivan Crnogatić

April 29, 2024 | 3:10 pm

FULT

Fulton Financial's CEO announced during a conference call that the acquisition of Republic Bank is expected to add 20% to Fulton's earnings per share in 2024. Additionally, Fulton's total deposits increased by 20% following the deal.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:09 pm