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Stock Prices

LYFT

UBER

DA Davidson analyst Tom White reiterated a Buy rating for Uber Technologies, Inc (UBER) with a $62 price target. The rating was based on a comparison of trip prices and wait times between Uber and its main competitor, Lyft, Inc (LYFT). Uber's quoted rideshare prices were found to be ~3% lower than Lyft's, and its wait times were 31% shorter on average. Despite Lyft's recent pricing changes and increased US category share, mobile app engagement and download data suggest little change in the market share landscape.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 5:46 pm

SYK

A significant bearish stance has been taken on Stryker (NYSE:SYK) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is 94% bearish. The whales have been targeting a price range from $200.0 to $290.0 for Stryker over the last 3 months. Truist Securities and RBC Capital have maintained their Hold and Outperform ratings on Stryker, respectively, with price targets of $310 and $325.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:46 pm

TTD

A significant amount of unusual options activity has been observed for Trade Desk (NASDAQ:TTD), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $70.0 to $105.0 for Trade Desk over the last 3 months. However, expert opinions vary, with some downgrading their action to Sell and others maintaining a Buy or Overweight rating.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:45 pm

IBM

A significant number of investors have taken a bearish stance on IBM (NYSE:IBM), with 75% of detected trades showing bearish expectations. The whales have been targeting a price range from $60.0 to $150.0 for IBM over the last 3 months. The current price of IBM is $143.82, up 0.26%. Analysts have mixed opinions, with JP Morgan, Wedbush, and Morgan Stanley downgrading their ratings to Neutral or Equal-Weight, while BMO Capital and Stifel maintain their ratings.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:45 pm

BTCUSD

SPIKE

Bitcoin (BTC) is trading sideways, mirroring the S&P 500's flat performance ahead of big-tech earnings and jobs data. Advanced Micro Devices, Apple, and Amazon's quarterly earnings could significantly impact the stock market. Economic data could also influence the stock and crypto markets. MIAX’s SPIKES Volatility products, traded on SPIKES Volatility Index (SPIKE), can be used to play potential stock market volatility. Bitcoin is trading in a descending triangle and may break up or down from the triangle on higher-than-average volume.

Portfolio Pulse from Melanie Schaffer

July 31, 2023 | 5:42 pm

ABL

CNFR

CRD

DGICB

FGF

HRTG

KINS

LMND

OXBR

ROOT

SLQT

UIHC

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Root (NASDAQ:ROOT), Crawford (NYSE:CRD), SelectQuote (NYSE:SLQT), Lemonade (NYSE:LMND), Kingstone Companies (NASDAQ:KINS), and Abacus Life (NASDAQ:ABL). Losers included FG Finl Gr (NASDAQ:FGF), Donegal Gr (NASDAQ:DGICB), United Insurance Holdings (NASDAQ:UIHC), Oxbridge Re Holdings (NASDAQ:OXBR), Heritage Insurance Hldgs (NYSE:HRTG), and Conifer Holdings (NASDAQ:CNFR).

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:40 pm

URI

United Rentals shares are trading higher after Barclays maintained an Underweight rating on the stock but raised its price target from $315 to $325.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:38 pm

NIO

UBS has maintained a Neutral rating on NIO's stock and increased its price target from $13 to $15. This has led to NIO's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:36 pm

ABBV

APLS

BMY

PFE

RCUS

SAGE

TGTX

TLRY

WAT

ZBH

The article reports on the options activity of 10 health care stocks in today's session. The stocks include Pfizer (PFE), Apellis Pharmaceuticals (APLS), TG Therapeutics (TGTX), Sage Therapeutics (SAGE), Arcus Biosciences (RCUS), Tilray (TLRY), Zimmer Biomet Holdings (ZBH), Bristol-Myers Squibb (BMY), Waters Corporation (WAT), and AbbVie (ABBV). The article provides detailed information on the put and call options, trade types, sentiments, expiration dates, strike prices, total trade prices, open interests, and volumes for each stock.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:35 pm

AAPL

AMD

CRM

INTC

MARA

MSFT

NVDA

PLTR

SEDG

SIMO

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks include NVDA, PLTR, AMD, MARA, MSFT, AAPL, SEDG, INTC, CRM, and SIMO. The article provides detailed information about the type of options activity (call or put), the sentiment (bullish or bearish), the expiration date, the strike price, the total trade price, the open interest, and the volume for each stock.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:35 pm