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Wall Street's momentum slowed on Friday after a strong Thursday rally. Major indices were mostly flat, with the S&P 500 slightly up. Palantir hit a 3-year high due to a partnership with Microsoft. Bonds rallied, and the dollar weakened. Key stock movers included Eli Lilly, Cisco, and several others reacting to earnings reports.

Portfolio Pulse from Piero Cingari

August 09, 2024 | 5:13 pm

PLTR

Financial giants have shown a bullish interest in Palantir Technologies (NYSE:PLTR) with 36 unusual options trades, predominantly calls. The predicted price range for PLTR is $15.0 to $41.0. The stock is currently trading at $29.95, up by 2.29%. Analysts have mixed ratings with a consensus target price of $28.6.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 4:31 pm

MNDY

Whales have taken a bearish stance on Monday.Com (NASDAQ:MNDY) with 60% of recent options trades being puts. The total value of these trades is $415,100 for puts and $54,300 for calls. The price window eyed by big players is between $200.0 and $240.0. Current trading volume is 209,180 with the stock price up by 2.65% at $221.62. Analysts have mixed ratings with an average target price of $260.0.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 3:15 pm

INTC

Whales have taken a bearish stance on Intel, with 55% of recent options trades being bearish. The total value of put options is significantly higher than call options. Analysts have mixed ratings on Intel, with price targets ranging from $17 to $32. Intel's stock is currently down by 3.81% and may be oversold.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 2:46 pm

DIS

Deep-pocketed investors have shown a bearish sentiment towards Walt Disney (NYSE:DIS) based on recent options market activity. Benzinga's options scanner highlighted 21 extraordinary options activities for Disney, with 42% of investors leaning bearish. The stock is currently trading at $84.92, down by 1.2%. Analysts have set an average price target of $112.0, with ratings ranging from Buy to Overweight.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 2:31 pm

TREX

Trex Co's short interest has fallen by 5.8%, with 5.36 million shares sold short, representing 5.68% of its float. This is higher than its peers' average of 3.96%. It would take traders 4.44 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 2:15 pm

MGOL

MGO Global (NYSE:MGOL) has seen a significant rise in its short interest, with a 710.49% increase since the last report. Currently, 49.44% of its float is sold short, which is much higher than its peers' average of 2.84%. This could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 2:00 pm

VRNS

Varonis Systems (NYSE: VRNS) has seen a 12.59% increase in its short percent of float, now at 12.25% of all regular shares available for trading. This indicates a bearish sentiment among investors, as it would take traders 9.82 days to cover their short positions. Varonis Systems' short interest is significantly higher than its peer group average of 5.45%.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 2:00 pm

MMAT

Meta Materials shares resumed trading but were again halted on a circuit breaker to the downside, with the stock now down 73.1%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:51 pm

MCK

Financial giants have made a bearish move on McKesson (NYSE:MCK) with 41 unusual options trades, predominantly puts. The stock is currently down by 7.39% at $571.85, with analysts maintaining positive ratings and high price targets.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:31 pm