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DIS

NFLX

Netflix (NASDAQ:NFLX) and Jio Platforms have partnered to bundle Netflix's streaming offerings with two of Jio's prepaid plans in India. This is the first time Netflix has collaborated with an Indian telecom company to offer their streaming service through a prepaid scheme. The move is part of Netflix's aggressive strategy to increase its customer base in India. Jio Platforms, with a user base of over 450 million, aims to outperform competitors like Bharti Airtel and Vodafone-Idea.

Portfolio Pulse from Anusuya Lahiri

August 18, 2023 | 1:59 pm

EL

Estee Lauder Co's executive has reported that the company's retail sales trends have deteriorated and turned steeply negative in May and June, according to Reuters.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 1:57 pm

PI

Traders are circulating activist insight suggesting that a significant activist is involved with Impinj (PI). The activist is said to be exploring an outright sale of the company, with Elliott Management being mentioned in the discussions.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 1:55 pm

SE

JP Morgan has downgraded Sea Ltd's stock from Overweight to Neutral, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:54 pm

BLMN

Raymond Jones has issued a note on Bloomin' Brands, stating that the current stock valuation does not reflect the significant improvement in EBIT margins and the company's balance sheet, where Debt/EBITDA has declined into low 1's from mid-2's in 2019.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 1:47 pm

BILI

HTHT

TCOM

YUMC

Chinese companies' shares are trading lower following the filing for Chapter 15 bankruptcy protection in New York by property developer, China Evergrande Group.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:47 pm

NVDA

A significant bearish stance on NVIDIA (NASDAQ:NVDA) has been observed through unusual options activity. The sentiment among big-money traders is split between 30% bullish and 69% bearish. Whales have been targeting a price range from $380.0 to $505.0 for NVIDIA over the last 3 months. The price of NVDA is currently down -1.43% at $427.26. Analysts from UBS, Piper Sandler, Susquehanna, and Raymond James maintain positive ratings on NVIDIA, while Wedbush downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 1:46 pm

PYPL

A significant amount of unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $55.0 to $145.0 for PayPal over the last 3 months. The price of PYPL is currently down -2.08% at $57.38. RBC Capital, BTIG, Oppenheimer, Piper Sandler, and Canaccord Genuity have all provided their ratings and price targets for PayPal.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 1:46 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses the trade strategy for SPY, QQQ, AAPL, MSFT, META, TSLA, and NVDA. The memo provides detailed analysis of each stock, including potential bullish and bearish targets. The memo also mentions that the trading landscape is devoid of significant data, but the monthly options contracts set to expire could lead to heightened volatility and potential sharp moves.

Portfolio Pulse from RIPS

August 18, 2023 | 1:46 pm

AAPL

AI

AMZN

BTC

CORN

NVDA

PLTR

PYPL

QQQ

TSLA

The top 10 stocks on WallStreetBets as of August 18, 2023, are NVDA, TSLA, AAPL, QQQ, PYPL, AI, PLTR, CORN, AMZN, and BTC. The data is sourced from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 1:41 pm