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AAPL

INTC

IOT

MTSI

NVDA

PANW

PLTR

QCOM

TER

The article reports on the options activity of 10 Information Technology stocks, including NVDA, AAPL, IOT, PLTR, INTC, MTSI, TER, PANW, QCOM, and ZM. The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, known as 'whales'. The article provides detailed information on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each of the mentioned stocks.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:52 am

EXAS

Exact Sciences shares are trading lower despite the company providing strong guidance. Benchmark has downgraded the stock to Hold.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:52 am

ALL

DGICB

Insurance stocks showed mixed performance in Wednesday's intraday session. Gainers included Donegal Gr (DGICB), eHealth (EHTH), FG Finl Gr (FGF), Citizens (CIA), Atlantic American (AAME), and Vericity (VERY). Losers included Oxbridge Re Holdings (OXBR), Huize Holding (HUIZ), Marpai (MRAI), Reliance Global Group (RELI), Allstate (ALL), and SelectQuote (SLQT). Donegal Gr and Allstate recently released their Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:52 am

META

Needham analyst Laura Martin reiterated an Underperform rating for Meta Platforms Inc (NASDAQ:META), citing challenges from TikTok. Martin suggests that Meta's efforts to regain creators, users, and advertisers from TikTok could lead to lower ROICs and EBITDA margins. She also pointed out that TikTok's normalized margins at maturity are 30%-50% below Meta's historical EBITDA margins. Additionally, Meta's valuation has dropped to 3.4x FY24 revenue due to its Metaverse aspirations and market share losses to TikTok.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:52 am

ANET

Arista Networks' shares are trading lower due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:51 am

PYPL

PayPal shares are trading lower due to overall market weakness. The company is set to report its Q2 results after the close.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:51 am

BKNG

CVNA

CZR

DASH

LULU

NIO

RIVN

SBUX

TSLA

Benzinga's options activity scanner has identified unusual trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Carvana (CVNA), Rivian (RIVN), Starbucks (SBUX), NIO Inc. (NIO), DoorDash (DASH), Caesars Entertainment (CZR), Goodyear Tire & Rubber (GT), Booking Holdings (BKNG), and Lululemon Athletica (LULU). The article provides detailed information about the options activity, including the type of option (put or call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:51 am

JBLU

JP Morgan analyst Jamie Baker has maintained an Underweight rating on JetBlue Airways (NASDAQ:JBLU) and lowered the price target from $8 to $6.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 11:51 am

ADMP

MEDS

During Wednesday's intraday session, several healthcare stocks experienced significant movements. Trxade Health (MEDS), Advanced Health (AHI), Applied Therapeutics (APLT), TC BioPharm (TCBP), TRACON Pharma (TCON), and Frequency Therapeutics (FREQ) saw their shares rise, with Trxade Health leading the gainers with a 63.3% increase. On the other hand, Adamis Pharmaceuticals (ADMP), Aptevo Therapeutics (APVO), Biophytis (BPTS), Nevro (NVRO), SmileDirectClub (SDC), and Bio-Path Hldgs (BPTH) experienced declines, with Adamis Pharmaceuticals leading the losers with a 63.4% decrease.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:51 am

CWH

EBET

GMBL

GNS

JOAN

NVFY

PAG

PIK

ROVR

TBLT

TCS

TUP

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Gainers included Rover Group (ROVR), JOANN (JOAN), Nova Lifestyle (NVFY), Kidpik (PIK), ToughBuilt Industries (TBLT), and Penske Automotive Group (PAG). Losers included Container Store Group (TCS), Tupperware Brands (TUP), Esports Entertainment (GMBL), EBET (EBET), Genius Gr (GNS), and Camping World Holdings (CWH).

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:51 am