Streetbeat News

Stock Prices

LI

A significant bullish stance has been taken on Li Auto (NASDAQ:LI) as evidenced by unusual options activity. The overall sentiment of these big-money traders is 80% bullish and 20% bearish. The whales have been targeting a price range from $30.0 to $50.0 for Li Auto over the last 3 months. The price of LI is currently down -0.37% at $35.23.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:45 pm

CSCO

Unusual options activity has been observed for Cisco Systems (NASDAQ:CSCO), with a split sentiment of 50% bullish and 50% bearish among big-money traders. The activity includes 6 puts and 6 calls, with total amounts of $249,057 and $352,810 respectively. Whales have been targeting a price range from $52.5 to $55.0 for Cisco Systems over the last 3 months. The current price of CSCO is down -1.28% at $52.8. Tigress Financial maintains a Buy rating on Cisco Systems with a price target of $76, while B of A Securities maintains a Neutral rating with a price target of $60.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:45 pm

NFLX

A significant bearish stance has been taken on Netflix (NASDAQ:NFLX) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 46% bullish and 53% bearish. The whales have been targeting a price range from $300.0 to $665.0 for Netflix over the last 3 months. Analysts' ratings on Netflix vary, with Truist Securities and Evercore ISI Group maintaining their ratings, while Benchmark downgraded its action to Sell.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 4:45 pm

OMGA

Omega Therapeutics Inc (NASDAQ:OMGA) announced preliminary data from its Phase 1/2 MYCHELANGELO I study of OTX-2002 in liver cancer and other solid tumors. The data showed encouraging anti-tumor activity, with on-target engagement and intended epigenetic changes observed in all patients. OTX-2002 was generally well tolerated, with no dose-limiting toxicities. Despite the positive news, OMGA shares are down 14.70% at $2.56.

Portfolio Pulse from Vandana Singh

September 26, 2023 | 4:41 pm

XPEV

Chinese electric vehicle (EV) manufacturer XPeng Inc. has reportedly started shipping 750 G9 SUVs and P7 sedans to Israel, marking its largest single shipment to an international market. The vehicles are expected to officially enter the Israeli market in October through regional dealership Freesbe. This is the company's second vehicle shipment to Israel within this month. XPeng's shares are trading lower by 0.36% to $16.63 on Tuesday.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2023 | 4:40 pm

CVX

USO

XOM

The director of California's Division of Petroleum Market Oversight (DPMO), Tai Milder, has raised concerns over rising gasoline prices in a letter to Governor Gavin Newsom. The DPMO's review of recent data revealed that some refineries failed to maintain adequate gasoline levels or import enough fuel to compensate for production shortfalls during the summer. This has contributed to the surge in prices and planned and unplanned refinery outages. The rising cost of crude oil, driven by Russia's invasion of Ukraine, has also contributed to the price increase.

Portfolio Pulse from Vandana Singh

September 26, 2023 | 4:35 pm

DMK

Trading of DMK Pharmaceuticals shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 4:34 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) has been experiencing market turbulence, with its stock reaching a record high of $502 on August 24th before declining by 15%. The stock's value has temporarily halted just above the $400 level. If it breaches the $403 level, it could potentially fall to $400 and possibly continue to the next significant support level at $346. Despite the fluctuations, Nvidia has gained 184% year-to-date in the stock market.

Portfolio Pulse from Zaheer Anwari

September 26, 2023 | 4:33 pm

VERV

Verve Therapeutics announced it will present interim data from its ongoing heart-1 Phase 1b clinical trial of VERVE-101 at the American Heart Association's Scientific Sessions 2023 in November. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 4:33 pm

MRNA

European countries are negotiating a new COVID-19 vaccine procurement agreement with Moderna Inc (NASDAQ:MRNA) amid rising coronavirus infections. At least eight EU countries have shown interest in the deal. The potential agreement would provide vaccines until 2026, allowing national health authorities to select vaccine formulations for each season. The price per jab is estimated to be around €25, subject to finalization during negotiations.

Portfolio Pulse from Vandana Singh

September 26, 2023 | 4:31 pm