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NOC

Northrop Grumman's CEO has stated that the company is prepared for a potential short government shutdown. He also expects margin expansion to continue in the second half of the year and into the next, with more pronounced growth in the later parts of the decade.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:39 pm

NFLX

Netflix's CFO announced at the Bank of America conference that 90% of the company's growth is coming from outside the U.S., which is impacting the average revenue per user.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:39 pm

WIX

Wix.com (NASDAQ:WIX) has launched its Tap to Pay service for Android customers, in partnership with payment processing platform, Stripe. The service allows secure, contactless payments directly from Android devices for U.S.-based merchants. The company recently reported a revenue growth of 13% in Q2, and analysts have continued to reaffirm its Market Outperform and Buy rating on the stock.

Portfolio Pulse from Khyathi Dalal

September 13, 2023 | 3:34 pm

KVUE

A significant amount of unusual options activity has been detected for Kenvue (NYSE:KVUE), with a bearish stance being taken by a majority of investors. Of the 10 strange trades detected, 90% were bearish and 10% bullish. The total amount for puts was $182,236 and for calls was $438,909. Whales have been targeting a price range from $21.0 to $22.5 for Kenvue over the last 3 months. The price of KVUE is currently up 2.92% at $21.68.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:31 pm

A significant bearish stance has been taken on Blackstone (NYSE:BX) as indicated by unusual options activity. The sentiment among these big-money traders is 90% bearish, with 6 puts and 4 calls identified. The targeted price range for Blackstone over the last 3 months is from $95.0 to $135.0. Morgan Stanley has downgraded its action to Overweight with a price target of $125.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:30 pm

SCHW

A significant bearish stance has been taken on Charles Schwab (NYSE:SCHW) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The targeted price range for Charles Schwab over the last 3 months has been $50.0 to $70.0. The current price of SCHW is down -1.21% at $59.79.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:30 pm

RACE

Ferrari (NYSE:RACE) has outperformed the market over the past 5 years, producing an average annual return of 16.64%. If an investor had bought $1000 of RACE stock 5 years ago, it would be worth $2,248.49 today.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:30 pm

ADBE

AMD

AMZN

KRE

SMH

TLT

TSLA

XLK

XLY

ZION

The August inflation report has impacted several ETFs and stocks. The Consumer Discretionary Select Sector SPDR Fund (XLY) gained 0.4%, driven by Amazon (AMZN) and Tesla (TSLA). The VanEck Semiconductor ETF (SMH) increased by 0.9%, with Advanced Micro Devices (AMD) and Micron Technologies (MU) leading the sector. The Technology Select Sector SPDR Fund (XLK) saw a 0.5% increase, with Adobe (ADBE) registering a 3% gain. The SPDR Regional Banking ETF (KRE) slipped by 1%, with Zions Bancorporation (ZION) experiencing a 4.4% decline. The iShares 20+ Year Treasury Bond ETF (TLT) dipped 0.4%.

Portfolio Pulse from Piero Cingari

September 13, 2023 | 3:26 pm

SPPL

The article announces that trading has resumed for Simpple Shares (SPPL).

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:17 pm

DAL

A large investor has taken a bullish stance on Delta Air Lines (NYSE:DAL), with 72% of big-money traders also bullish. The investor's position was noticed through publicly available options history. The mean open interest for Delta Air Lines options trades today is 3069.5 with a total volume of 25,935.00. Whales have been targeting a price range from $30.0 to $42.0 for Delta Air Lines over the last 3 months.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:16 pm