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Investors with significant capital have taken a predominantly bearish stance on Morgan Stanley (NYSE:MS) through options trading. Benzinga's options scanner identified 16 unusual trades, with 62% being bearish. The major market movers are focusing on a price range between $90.0 and $110.0 for MS. The stock is currently up 1.14% at $98.3, with RSI indicators suggesting it may be approaching overbought territory. Next earnings are expected in 15 days.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:31 pm

CLSK

MARA

RIOT

Bitcoin mining stocks, including Marathon Digital Holdings (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT), and CleanSpark Inc (NASDAQ: CLSK), are trading higher as Bitcoin bounces back from recent lows. Bitcoin is up more than 2% over the last 24 hours, driven by significant inflows into spot ETFs. Seasonal trends are also historically favorable for Bitcoin in July.

Portfolio Pulse from Adam Eckert

July 01, 2024 | 4:28 pm

EYEN

Eyenovia shares are trading higher after the company announced a collaboration with NovaBay Pharmaceuticals to promote eye care products to ophthalmic surgery centers.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:19 pm

AAPL

AMD

ASNS

GME

MLGO

NVDA

SMCI

SPY

TSLA

The article lists the top 10 most-searched tickers on Benzinga Pro for June 2024, highlighting Nvidia, GameStop, SPDR S&P 500 ETF Trust, Tesla, and Apple among others. Nvidia regained the top spot, while GameStop saw a surge in interest. Newcomers MicroAlgo and Actelis Networks also made the top 10.

Portfolio Pulse from Chris Katje

July 01, 2024 | 4:12 pm

TFX

Teleflex Inc (NYSE:TFX) has been upgraded by Piper Sandler analyst Matt O’Brien from Neutral to Overweight, with a price target increase from $205 to $245. The upgrade is driven by expected improvements in UroLift sales, regulatory issues faced by competitor Getinge, and strong growth potential for the Barrigel product.

Portfolio Pulse from Priya Nigam

July 01, 2024 | 4:00 pm

TMTC

TMT Acquisition's merger partner, eLong Power, has announced an $11 million contract for an energy storage system. The business combination is expected to close in the second half of 2024, with the energy storage system delivery for intelligent charging robots in Beijing to be completed by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:50 pm

AAUKF

Anglo American (OTC:AAUKF) has halted operations at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition incident. The company expects the mine to be non-operational for several months, impacting its production guidance for the year.

Portfolio Pulse from Lekha Gupta

July 01, 2024 | 3:47 pm

MINM

e2Companies will install its patented R3Di® System at Oil Creek Plastics in Pennsylvania to improve power quality and reliability. The system will provide 2MW of uninterruptible power, integrating with the electric grid, a natural gas generator, and solar panels. The project aims to reduce costs and carbon emissions, and is expected to be completed by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:44 pm

BABA

Alibaba Group Holding (NYSE:BABA) is leveraging its sponsorship of UEFA Euro 2024 to boost its presence in the European market. The company's platforms, including AliExpress and Alipay, along with electric vehicle maker BYD Co, are using the tournament's massive viewership to enhance brand awareness. Alibaba's shares saw a slight increase following this news.

Portfolio Pulse from Anusuya Lahiri

July 01, 2024 | 3:35 pm

USO

Saudi Arabia's Energy Minister has announced the discovery of multiple new oil and gas fields, according to the state news agency. This development could have significant implications for global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:28 pm