Streetbeat News

Stock Prices

TMUS

A significant investor has taken a bearish stance on T-Mobile US (NASDAQ:TMUS), with 81% of recent trades being bearish and 18% bullish. The trades have targeted a price range of $135.0 to $160.0 for T-Mobile over the last 3 months. The current price of TMUS is $142.16, down 0.18%. Deutsche Bank and Raymond James have maintained their Buy and Strong Buy ratings on T-Mobile, with price targets of $180 and $173 respectively.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 4:31 pm

EIS

SPY

The U.S. State Department has confirmed the death of at least 22 U.S. citizens in the ongoing Israel-Hamas conflict. The news may have implications for the broader market and specific ETFs like EIS and SPY.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 4:26 pm

LLY

Eli Lilly's shares are trading higher due to positive developments in Novo Nordisk's semaglutide FLOW kidney trial. Eli Lilly produces a similar GLP-1 drug to Novo's Ozempic, known as Mounjaro.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 4:24 pm

LLY

NVO

Eli Lilly's shares are trading higher due to positive developments in Novo Nordisk's semaglutide FLOW kidney trial. Eli Lilly produces a similar GLP-1 drug to Novo's Ozempic, known as Mounjaro.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 4:23 pm

QQQ

SPY

TLT

UUP

XLC

XLY

Markets are awaiting the release of September's Consumer Price Index (CPI) report, following an unexpected rise in the Producer Price Index (PPI). Despite this, market expectations for future interest rates remain steady, with a 92% chance of no rate change next month and a 72% chance of no change in December. Economists predict a decrease in the headline inflation rate from 3.7% to 3.6% and a 0.3% rise in the headline CPI. Goldman Sachs predicts a softer headline CPI at 3.55% and a 0.22% increase in core CPI. The August inflation report exceeded estimates but did not significantly impact risk sentiment.

Portfolio Pulse from Piero Cingari

October 11, 2023 | 4:19 pm

BIRK

Birkenstock Holding's shares are expected to open between $39-$41, lower than the IPO price of $46, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 4:17 pm

AMD

A significant bearish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 39% bullish and 60% bearish. The whales have been targeting a price range from $98.0 to $135.0 for AMD over the last 3 months. The price of AMD is currently down -1.0% at $107.92.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 4:16 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as observed in the options history. The sentiment among these big-money traders is split between 31% bullish and 68% bearish. Whales have been targeting a price range from $450.0 to $1240.0 for Broadcom over the last 3 months. The price of AVGO is up 0.29% at $860.91. Several experts have downgraded their action on Broadcom with price targets ranging from $995 to $1010.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 4:16 pm

TTD

A significant investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 87% of the spotted trades being bearish. The whales have been targeting a price range from $50.0 to $90.0 for Trade Desk over the last 3 months. UBS has downgraded its action to Buy with a price target of $100. The price of TTD is up 0.52% at $85.6.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 4:16 pm

LLY

NVO

Eli Lilly's stock is trading higher, possibly due to Novo Nordisk halting its kidney outcomes trial FLOW due to early signs of success. Eli Lilly produces a similar drug to Novo's Ozempic, called Mounjaro. Morgan Stanley has maintained an Overweight rating for Eli Lilly and raised the price target from $640 to $673, citing improved estimates for Mounjaro's sales from 2024 to 2026.

Portfolio Pulse from Adam Eckert

October 11, 2023 | 4:16 pm