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Stock Prices

SBUX

A significant bullish stance on Starbucks (NASDAQ:SBUX) has been observed through unusual options activity. The sentiment among these big-money traders is split between 66% bullish and 33% bearish. The whales have been targeting a price range from $75.0 to $105.0 for Starbucks over the last 3 months. The current price of SBUX is down -0.13% at $94.98.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:45 pm

PYPL

A significant amount of unusual options activity has been detected for PayPal Holdings (NASDAQ:PYPL), with a bearish stance being taken by a majority of investors. Of the 29 strange trades detected, 68% were bearish and 31% were bullish. The trades included 10 puts and 19 calls, with a total amount of $613,121 and $822,228 respectively. The price range targeted by whales over the last 3 months is from $59.0 to $290.0. JP Morgan has maintained their Overweight rating on PayPal Holdings, with a price target of $100.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:45 pm

INTC

Intel Corporation (NASDAQ:INTC) shares are trading down roughly 1% after the stock gained on Thursday. This is due to China's iPhone crackdown and Huawei's 5G Kirin 9000s chip-powered smartphone, which have added pressure to several sector stocks. If China bans iPhones, it could disrupt the supply chain for various semiconductor components, including those produced by Intel, leading to fluctuations in Intel's production, orders, and revenue.

Portfolio Pulse from Henry Khederian

September 08, 2023 | 7:43 pm

PLTR

Palantir Technologies (NYSE:PLTR) announced a partnership with Gemelli Generator Real World Data, where Gemelli will use Palantir Foundry to manage its complex healthcare data. Palantir also announced its next AIPCon customer conference for its Artificial Intelligence Platform, to be held on Sept. 14. The company's shares are slightly lower on Friday, down 0.51% at $15.14.

Portfolio Pulse from Erica Kollmann

September 08, 2023 | 7:37 pm

SPY

The market on close imbalance is leaning towards the buy-side with $328M. This could potentially impact the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:32 pm

BUD

A whale investor has taken a bullish stance on Anheuser-Busch InBev (NYSE:BUD), with 70% of the investors opening trades with bullish expectations. The whales have been targeting a price range from $45.0 to $75.0 for Anheuser-Busch InBev over the last 3 months. The price of BUD is currently down -0.03% at $56.19.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:31 pm

MDB

Unusual options activity has been observed for MongoDB (NASDAQ:MDB), with a split sentiment of 50% bullish and 50% bearish among big-money traders. The options trades have targeted a price range from $320.0 to $650.0 for MongoDB over the last 3 months. The current price of MDB is $376.73, down -0.21%. Analysts from Guggenheim, Barclays, RBC Capital, Truist Securities, and JMP Securities have maintained their ratings on MongoDB, with price targets ranging from $250 to $450.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:30 pm

JD

Benzinga's options scanner detected over 10 options trades for JD.com (NASDAQ:JD) totaling $463,589. Whales have been targeting a price range from $30.0 to $50.0 for JD.com over the last 3 months. The price of JD is up 0.09% at $32.37. JP Morgan, Susquehanna, B of A Securities, Loop Capital, and Citigroup have all maintained their ratings on JD.com with price targets ranging from $38 to $64.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:30 pm

DIA

QQQ

SPY

The August consumer price index (CPI) report is expected to show a rise in inflation, with the headline CPI projected to climb from 3.2% in July to 3.6% in August. The core CPI, excluding energy and food, is expected to decline from 4.7% to 4.3%. The main driver behind the inflation increase is energy prices, with a 5.9% surge in energy costs. Market sentiment suggests that the Federal Reserve will not raise interest rates in September. If the CPI report meets or falls short of expectations, ETFs tracking major U.S. stock market indices, such as SPY, QQQ, and DIA, may react positively.

Portfolio Pulse from Piero Cingari

September 08, 2023 | 7:25 pm

CHTR

CMCSA

DIS

FUBO

GOOG

Benchmark analyst Matthew Harrigan reiterated a Buy rating for Charter Communications Inc (NASDAQ:CHTR) with a $575 price target. The current stock price reflects the uncertainty surrounding the programming dispute and carriage blackout with Walt Disney Co (NYSE:DIS). Harrigan suggests a combination of Charter and Disney could allow for skinny bundles without sports and include AVOD services in the overall bundle. The dispute could benefit virtual MVPDs, including Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube TV, Hulu+ Live TV controlled by Disney with Comcast Corp (NASDAQ: CMCSA) negotiating an accelerated and favorable exit, and FuboTV Inc (NYSE: FUBO).

Portfolio Pulse from Anusuya Lahiri

September 08, 2023 | 7:21 pm