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XYL

Stifel analyst Nathan Jones has reiterated a Buy rating on Xylem Inc (NYSE:XYL) shares with a price target of $133. The merger with Evoqua Water Technologies Corp is expected to generate $140 million of cost synergies within three years. Xylem plans to leverage its complementary digital capabilities with Evoqua to build the leading global smart water infrastructure company. Xylem shares are currently trading higher by 0.42% at $99.93.

Portfolio Pulse from Shivani Kumaresan

August 18, 2023 | 5:07 pm

AMAT

Applied Materials reported better-than-expected Q3 financial results and issued Q4 EPS and revenue guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 5:05 pm

SPY

UNG

USO

The U.S. Baker Hughes Oil Rig Count has decreased by 5 from last week to 520, while the Gas Rig Count has decreased by 6 to 117.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 5:04 pm

HUBC

Hub Cyber Security has appointed Lior Davidson as interim CFO following the resignation of Hugo Goldman. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 5:04 pm

SPKX

SPY

UVXY

The SPDR S&P 500 (NYSE:SPY) was trading lower amid concerns of a global housing crisis and fears of the Federal Reserve continuing to hike interest rates. The ETF has declined almost 2% since Wednesday and over 5% since July 27. If the SPY continues its downtrend, volatility may increase. Traders can trade the potential volatility with options like the ConvexityShares Daily 1x SPIKES Futures ETF (NYSE:SPKX) and ProShares Ultra VIX Short Term Futures ETF (NYSE:UVXY).

Portfolio Pulse from Melanie Schaffer

August 18, 2023 | 5:01 pm

ORCL

A significant amount of unusual options activity has been detected for Oracle (NYSE:ORCL), with a bearish stance being taken by a whale investor. Of the 15 strange trades detected, 46% were bullish and 53% were bearish. The trades included 10 puts worth $1,170,865 and 5 calls worth $220,876. The targeted price range for Oracle over the last 3 months has been $97.5 to $125.0. Piper Sandler has downgraded its action to Overweight with a price target of $130.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

LULU

A significant bullish stance has been taken on Lululemon Athletica (NASDAQ:LULU) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $300.0 to $420.0 for Lululemon Athletica over the last 3 months. Keybanc has maintained their Overweight rating on Lululemon Athletica, with a price target of $425.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

RCL

A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $55.0 to $105.0 for Royal Caribbean Gr over the last 3 months. The current price of RCL is $100.3, with various experts maintaining positive or equal-weight ratings with price targets ranging from $100 to $132.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

DFS

Analysts have provided various ratings for Discover Financial Services (NYSE:DFS) within the last quarter, with 1 bullish, 1 somewhat bullish, and 14 indifferent. The average price target is $115.0, representing an upside from the current price of $93.96. This average is a 2.17% decrease from the previous average price target of $117.55.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:00 pm

ALGN

BABA

RJF

CNBC's Halftime Report discussed final trades involving Align Technology, Alibaba Group, and Raymond James Financial. The specific details of the trades were not provided in the article.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 5:00 pm