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NET

Investors have shown a bearish stance on Cloudflare (NYSE:NET), with options market activity indicating a split sentiment of 25% bullish and 75% bearish. Benzinga's options scanner revealed 8 unusual trades, with a price target range of $90.0 to $100.0 for Cloudflare over the last 3 months. The company, known for its security and web performance services, is currently trading at $95.11, with an anticipated earnings release in 21 days.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:48 pm

BTC-USD

ETH-USD

SOL-USD

Veteran crypto trader Cold Blooded Shiller evaluated Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for investment potential, rating them on comfort and upside. Bitcoin was seen as offering strong downside protection with a 9/10 comfort and 6/10 upside rating. Ethereum was noted for its surprise potential, rated 6/10 for comfort and 8/10 for upside. Solana was highlighted as the 'golden child' with a 7/10 comfort and 9/10 upside rating. Shiller plans to base his portfolio around Solana post-correction.

Portfolio Pulse from Khyathi Dalal

April 04, 2024 | 5:39 pm

ITCI

JANX

JNJ

LLY

MDT

MRK

PFE

SRPT

VKTX

Today's session highlighted significant whale activity in the Health Care sector, focusing on options trading for companies like PFE, MDT, JNJ, CI, ITCI, JANX, SRPT, MRK, VKTX, and LLY. The trades varied in sentiment from bullish to bearish, with notable investments in both put and call options across various expiration dates and strike prices. This activity could indicate market expectations and potential movements for these stocks.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:35 pm

AMZN

CVNA

LULU

MAR

PLNT

TSLA

WYNN

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, revealing bullish or bearish sentiments across various stocks including TSLA, F, AMZN, CVNA, LULU, WYNN, PLNT, MAR, RH, and GM. The activity involved both call and put options with varying expiration dates, strike prices, and sentiments, suggesting diverse market expectations.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:35 pm

NVDA

SMTC

VERI

WDC

Today's session highlighted significant options activity for 10 Information Technology stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, suggesting shifts in market sentiment for stocks like NVDA, SMTC, WDC, VERI, SMCI, MSTR, AKAM, MARA, ASML, and PANW. The activity ranged from bullish to bearish sentiments, with notable trades in both call and put options across various expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:35 pm

BLK

Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.75%, outperforming the market by 5.79% on an annualized basis. A $1000 investment in BLK 20 years ago would be worth $12,812.28 today. BlackRock's market capitalization currently stands at $122.24 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:31 pm

KBUF

KPRO

KWEB

Henry Greene, Investment Strategist at KraneShares, highlights the investment opportunities in China's market, focusing on the internet and technology sectors due to low internet penetration and government support for domestic tech companies. He remains optimistic about China as an asset class despite geopolitical tensions, noting the KraneShares CSI China Internet ETF (KWEB) and its top holdings. KraneShares has also launched two ETFs, KPRO and KBUF, offering downside protection on KWEB. Greene believes China's stock market has bottomed, presenting a rare buying opportunity, especially in internet stocks and AI applications.

Portfolio Pulse from Surbhi Jain

April 04, 2024 | 5:20 pm

Over the past 20 years, Chubb (NYSE:CB) has produced an average annual return of 10.47%, outperforming the market by 2.51% on an annualized basis. A $100 investment in CB 20 years ago would be worth $719.47 today. Chubb's current market capitalization stands at $103.57 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:01 pm

WCC

WESCO Intl's (NYSE:WCC) short interest has increased by 89.45% since the last report, with 1.65 million shares sold short, representing 3.77% of its float. It would take approximately 2.32 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but WESCO has less short interest compared to its peer group average of 4.50%. This rise in short interest doesn't necessarily predict a price drop but indicates heightened short selling activity.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:00 pm

DOGEUSD

PEPEUSD

Crypto influencer SlumDOGE Millionaire announced a $300,000 investment in three meme coins: Dogwifhat (WIF), Pepe (PEPE), and Brett (BRETT), citing strong conviction similar to his previous investment in Dogecoin. He highlighted potential listings on Coinbase and strong community support as reasons for his investment, especially during the current market dip.

Portfolio Pulse from Khyathi Dalal

April 04, 2024 | 4:55 pm