Streetbeat News

Equity Actions

MAR

A significant amount of unusual options activity has been observed for Marriott Intl (NASDAQ:MAR), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $145.0 to $210.0 for Marriott Intl over the last 3 months. The stock's current price is $208.72, up 1.26%. Several financial institutions have maintained their ratings on Marriott, with price targets ranging from $189 to $232.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 6:16 pm

ARKQ

BOTZ

FXI

KWEB

SMH

SOXX

President Joe Biden has signed an executive order restricting certain U.S. investments in China’s key technology sectors, including semiconductors, microelectronics, quantum technology, and specific AI systems. The order aims to prevent U.S. capital and expertise from enhancing China’s military modernization. Analysts at Raymond James suggest that the immediate backlash from China will be limited. The order could potentially tighten if U.S.-China tensions intensify. ETFs with exposure to U.S. and China tech sectors that investors can watch include iShares Semiconductor ETF (SOXX), VanEck Semiconductor ETF (SMH), Global X Robotics and Artificial Intelligence ETF (BOTZ), KraneShares CSI China Internet ETF (KWEB), iShares China Large-Cap ETF (FXI), and ARK Autonomous Technology & Robotics ETF (ARKQ).

Portfolio Pulse from AJ Fabino

August 10, 2023 | 6:04 pm

A significant amount of unusual options activity has been observed for Estee Lauder Cos (NYSE:EL), with a notably bullish stance. Of the 10 strange trades detected, 70% were opened with bullish expectations and 30% with bearish. Whales have been targeting a price range from $170.0 to $225.0 for Estee Lauder over the last 3 months. The company's stock price is up 2.69% at $170.66. Several financial institutions have recently updated their ratings and price targets for Estee Lauder.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 6:01 pm

AAPL

AMD

ASAN

IBM

IONQ

MSFT

NOW

NVDA

PLTR

SMCI

The article reports on the options activity of 10 Information Technology stocks, including NVDA, MSFT, AAPL, PLTR, ASAN, IONQ, AMD, NOW, IBM, and SMCI. The options activity includes both put and call options, with varying sentiments and expiration dates. The article provides detailed information on the number of contracts traded, the strike price, and the total trade price.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:35 pm

BMY

NNN

TOST

CNBC's Halftime Report discussed final trades including Bristol-Myers Squibb (BMY), NNN REIT (NNN), and Toast (TOST).

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 5:01 pm

VFC

Jenny Van Leeuwen Harrington announced on CNBC that she has purchased shares in V.F. Corp.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 4:44 pm

TNGX

Tango Therapeutics' shares are trading lower following a pullback after the company announced a PIPE financing with gross proceeds of $80 million.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:40 pm

PRMW

Primo Water reported better-than-expected Q2 financial results and announced a $50 million share buyback program, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:05 pm

BLNK

Blink Charging's Chief Revenue Officer, Mike Battaglia, at Benzinga's EV Conference, commented on the company's FY guidance raise, stating that there is hardly any other industry growing as fast as EV charging.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:52 pm

QuantumScape Corp's shares are trading lower by 2.0% following the announcement of a $300 million public offering of Class A common stock. The underwriters have a 30-day option to purchase up to an additional 5.6 million shares at the offering price. The public offering closed on Tuesday, August 8. Evercore ISI and Morgan Stanley were joint lead book-running managers for the offering, with Goldman Sachs & Co. LLC and UBS Investment Bank acting as additional book-running managers.

Portfolio Pulse from Henry Khederian

August 10, 2023 | 3:50 pm