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NTES

Shares of NetEase Inc (NASDAQ:NTES) are trading higher by 6.3% amid renewed hopes of economic growth in China. This is due to China's implementation of targeted stimulus measures aimed at revitalizing the sluggish real estate sector. The measures are seen as favorable for companies operating in the real estate and related sectors, such as NetEase.

Portfolio Pulse from Henry Khederian

September 22, 2023 | 2:17 pm

PYPL

A significant amount of unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), with a mix of bullish and bearish expectations. Whales have been targeting a price range from $55.0 to $160.0 for PayPal over the last 3 months. The price of PYPL is up 0.01% at $58.62. Mizuho and MoffettNathanson have downgraded their actions on PayPal with price targets of $92 and $75 respectively.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 2:16 pm

AVGO

A significant number of investors have taken a bearish stance on Broadcom (NASDAQ:AVGO), with 57% of detected trades being bearish and 42% bullish. The trades include 12 puts amounting to $1,148,845 and 7 calls amounting to $269,136. The targeted price range for Broadcom over the last 3 months is from $460.0 to $915.0. The current price of AVGO is up 1.35% at $819.28. Several experts have given their ratings and price targets, with the highest being $1010 by Susquehanna.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 2:16 pm

ABNB

A significant bearish stance has been taken on Airbnb (NASDAQ:ABNB) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The majority of the options are puts, totaling $1,710,970, with a single call amounting to $28,486. The targeted price range for Airbnb over the last 3 months has been from $110.0 to $150.0.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 2:16 pm

TM

Toyota Motor Corporation (NYSE:TM) plans to accelerate the production of electric vehicles (EVs) for its Toyota and Lexus brands, aiming to reach an annual output of over 600,000 vehicles by 2025. The company initially targeted sales of 1.5 million EVs yearly by 2026 and 3.5 million by 2030. Toyota is also working on its prototype equipment for the Giga casting technology, which improves the quality of castings and reduces the number of defective products.

Portfolio Pulse from Nabaparna Bhattacharya

September 22, 2023 | 2:16 pm

AVGO

GOOG

GOOGL

NVDA

Nvidia Corp's stock is trading higher despite U.S. Chips Act policies against China and competition from Huawei's Kirin 9000s processor. China, including Hong Kong, accounted for over 20% of Nvidia's sales in its latest financial year, while Taiwan represented more than 25%. Meanwhile, Alphabet Inc's Google denied reports of replacing Broadcom Inc as a supplier of artificial intelligence chips.

Portfolio Pulse from Anusuya Lahiri

September 22, 2023 | 2:15 pm

MURF

Murphy Canyon Acquisition Corp's shares are trading lower due to volatility following its business combination with Conduit Pharmaceuticals.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 2:15 pm

E

JP Morgan has upgraded Eni's stock from Neutral to Overweight, leading to a rise in Eni's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 2:10 pm

TURB

Shares of Turbo Energy SA have been halted due to a circuit breaker to the upside.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 2:08 pm

NTWK

NETSOL Technologies reported a year-over-year decrease in Q4 EPS results and issued FY24 revenue guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 2:07 pm