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NFLX

Benchmark analyst Matthew Harrigan reiterated a Sell rating for Netflix Inc (NASDAQ:NFLX) with a $293 price target. The streaming giant's CFO, Spencer Neumann, noted the company's need to maintain a balance between revenue growth and margin improvement. The analyst sees operating margin improving by 2.0% this year, 2.1% in 2024, and 1.8% in 2025. Neumann also suggested only muted 3Q23 and 4Q23 ARM improvements. Netflix is making progress in advertising and remains favorably positioned for scripted programming delivery.

Portfolio Pulse from Anusuya Lahiri

September 14, 2023 | 5:38 pm

ETHUSD

The value of real-world assets (RWAs) on-chain has reached an all-time high of $3.1 billion, surpassing the previous record of $2.75 billion set in April 2022. Gold and precious metals account for 37.3% of this value, followed by money markets, treasuries, and private credit. The growth in RWAs was primarily driven by on-chain demand for off-chain sources of yield. Validators have amassed a cumulative 187k Ethereum (CRYPTO: ETH) in MEV rewards in 2023, averaging 776 Ethereum daily.

Portfolio Pulse from Murtuza Merchant

September 14, 2023 | 5:37 pm

ABBV

DHR

JNJ

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MRK

MRNA

SRPT

SYK

VEEV

VRTX

Benzinga's options activity scanner has identified significant options activity in 10 health care stocks. The stocks include Johnson & Johnson (JNJ), Veeva Systems (VEEV), Stryker Corporation (SYK), Moderna (MRNA), AbbVie (ABBV), Merck & Co. (MRK), Sarepta Therapeutics (SRPT), Vertex Pharmaceuticals (VRTX), Danaher Corporation (DHR), and Eli Lilly and Company (LLY). The options activity ranges from neutral to bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:35 pm

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SBUX

TSLA

Benzinga's options activity scanner has identified unusual options activity in the Consumer Discretionary sector. The stocks with notable activity include Tesla (TSLA), Rivian (RIVN), ADT (ADT), Carvana (CVNA), MasterCraft Boat Holdings (MCFT), MGM Resorts (MGM), Airbnb (ABNB), Starbucks (SBUX), Dave & Buster's (PLAY), and NIO (NIO). The activity includes both call and put options with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:35 pm

AMD

CRM

CRWD

CSCO

INTC

MARA

MSFT

NVDA

ORCL

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks include NVDA, MSFT, AMD, MARA, ORCL, CSCO, MU, CRWD, INTC, and CRM. 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 stock.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:35 pm

ANGH

LVO

SBGI

SLE

During Thursday's intraday session, several communication services stocks experienced significant movement. Sinclair (SBGI), LiveOne (LVO), Beasley Broadcast Group (BBGI), Loop Media (LPTV), CourtSide Gr (PODC), and E W Scripps (SSP) saw their shares rise, while Super League Enterprise (SLE), Anghami (ANGH), FingerMotion (FNGR), Charge Enterprises (CRGE), Mobile Global Esports (MGAM), and GDEV (GDEV) experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:31 pm

BIOL

FWBI

RNAZ

SYBX

During Thursday's intraday session, several healthcare stocks experienced significant movements. Gainers included First Wave BioPharma (FWBI), Synlogic (SYBX), ENDRA Life Sciences (NDRA), NeuBase Therapeutics (NBSE), Eloxx Pharmaceuticals (ELOX), and HeartBeam (BEAT). Losers included Biolase (BIOL), TransCode Therapeutics (RNAZ), Bionomics (BNOX), ZyVersa Therapeutics (ZVSA), Harpoon Therapeutics (HARP), and Novo Integrated Sciences (NVOS).

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:31 pm

EFSH

MNTS

NKLA

RDW

During Thursday's intraday session, several industrials stocks experienced significant movement. Notable gainers included Nikola (NKLA), Wheels Up Experience (UP), Redwire (RDW), Fusion Fuel Green (HTOO), Air Industries (AIRI), and Sidus Space (SIDU). On the other hand, 1847 Holdings (EFSH), Momentus (MNTS), Erayak Power Solution Gr (RAYA), Fathom Digital Mfg (FATH), Amprius Technologies (AMPX), and Ault Alliance (AULT) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:31 pm

HOLO

PFSW

During Thursday's intraday session, several information technology stocks experienced significant movements. PFSweb (PFSW), SemiLEDs (LEDS), Iris Energy (IREN), AudioEye (AEYE), WiSA Technologies (WISA), and Soluna Holdings (SLNH) saw their stocks rise, with PFSweb leading the gainers with a 48.2% increase. On the other hand, MicroCloud Hologram (HOLO), Semantix (STIX), CS Disco (LAW), T Stamp (IDAI), FOXO Technologies (FOXO), and Actelis Networks (ASNS) experienced a decrease in their stock prices, with MicroCloud Hologram leading the losers with a 37.5% decrease.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:31 pm

YUM

Yum Brands (NYSE:YUM) has outperformed the market over the past 20 years, producing an average annual return of 13.19%. If an investor had bought $100 of YUM stock 20 years ago, it would be worth $1,214.61 today.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:30 pm