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Stock Prices

DIA

IWM

QQQ

SPY

Major stock indexes have experienced a rebound, recovering from a recent pullback in the market.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 7:52 pm

DIA

ENPH

FSLR

IWM

QQQ

RDDT

SPY

Stock indexes rebounded after recent declines, with notable movements in specific sectors and stocks. Reddit shares experienced a drop, while solar stocks, including Enphase Energy and First Solar, saw gains. Major ETFs like DIA, IWM, QQQ, and SPY also reflected the market's positive shift.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 7:52 pm

QCOM

Qualcomm has seen significant options trading activity, with a bullish sentiment from investors. Analysis of 24 trades reveals 62% bullish and 37% bearish expectations. The trading volume and open interest suggest a price target range between $115 and $200. Notable trades include a mix of calls and puts with varying sentiments and expiration dates. Qualcomm, a leader in wireless technology and chip design, has its stock price up 1.41% at $169.42, with potential overbought signals. Two market experts have set a consensus target price at $150, with Cantor Fitzgerald downgrading the stock to Neutral.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:45 pm

DELL

High-rolling investors have shown a bearish stance on Dell Technologies (NYSE:DELL), with a significant number of options trades indicating a potential price range target of $100.0 to $165.0. The sentiment among these investors is mixed, with a majority leaning towards bearish. The volume and open interest in Dell's options have seen notable activity, with a focus on calls. Currently, Dell's stock is slightly down, with analysts giving mixed ratings but generally leaning towards a positive outlook with target prices ranging from $94 to $129.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:45 pm

ALB

LAC

LIT

SQM

Shares of lithium stocks are trading higher following Chile's announcement to open 26 lithium salt flats for investment. This move is expected to significantly increase lithium production, benefiting companies involved in lithium mining and lithium-related ETFs.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 7:43 pm

AAPL

AMZN

MUSQ

SONO

SONY

SPOT

Taylor Swift's record-breaking year contributed to the global recorded music revenue reaching $28.6 billion, a 10.2% increase YoY, with streaming being a major growth driver. The industry's success is also reflected in the performance of companies like Spotify, Apple, and Amazon, and the MUSQ Global Music Industry ETF, which includes a diversified portfolio of music-related assets.

Portfolio Pulse from Johnny Rice

March 27, 2024 | 7:40 pm

ORCL

Benzinga reported unusual options activity on Oracle (NYSE:ORCL), indicating a bullish sentiment among big-money investors, with a split of 63% bullish and 36% bearish. The activity includes 19 uncommon trades, with 11 puts and 8 calls, focusing on a price band between $110.0 and $145.0. The largest trades observed show a mix of bullish and bearish sentiments with varying expiration dates and strike prices. Oracle's current market position shows a slight price increase with a potential approach to overbought territory, and an earnings announcement is expected in 75 days.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:30 pm

Altria Group (NYSE:MO) has seen a significant surge in options activity, with a notable bullish sentiment among big-money traders. Benzinga's options scanner revealed 8 major trades, predominantly puts, indicating expectations of price movements between $32.5 and $45.0. The company, a leader in tobacco and holding stakes in various industries, is currently trading at $43.56, with an analyst from Stifel setting a price target of $50. The unusual options activity could suggest insider knowledge of upcoming developments.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:30 pm

AJG

Over the past 15 years, Arthur J. Gallagher (NYSE:AJG) has produced an average annual return of 19.57%, outperforming the market by 6.6%. A $1000 investment in AJG 15 years ago would be worth $14,600.83 today. The company currently has a market capitalization of $53.74 billion.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:30 pm

IBN

ICICI Bank (NYSE:IBN) has delivered an average annual return of 11.41% over the past 20 years, outperforming the market by 3.59% on an annualized basis. A $1000 investment in IBN 20 years ago would be worth $8,686.59 today. The bank's current market capitalization stands at $91.42 billion.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:30 pm