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RCAT

Red Cat Holdings shares declined following the release of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:53 pm

FDX

Recent options activity for FedEx (NYSE:FDX) shows a significant interest from large investors, with a mix of bullish and bearish sentiments. The options trades suggest a focus on a price range between $220 and $270. Analysts have mixed ratings on FedEx, with target prices ranging from $300 to $350.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 2:46 pm

SPOT

Investors with significant capital have taken a bearish stance on Spotify Technology (NYSE:SPOT), as revealed by recent options trading activity. Benzinga's options scanner identified 17 unusual trades, with 70% being bearish. Analysts have mixed ratings, with price targets ranging from $340 to $510.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 2:46 pm

TCOM

Trip.com Group Ltd (NASDAQ:TCOM) shares rose by 5.4% following the Chinese Central Bank's announcement of a new stimulus package, including a 50-basis-point cut to the reserve requirement ratio. This monetary easing is expected to boost consumer and corporate spending on travel, benefiting Trip.com.

Portfolio Pulse from Henry Khederian

September 24, 2024 | 2:45 pm

CIFR

Cipher Mining Inc (NASDAQ:CIFR) shares rose after announcing the acquisition of a 300 MW data center site in West Texas for $67.5 million. The site is ready for large-scale HPC or Bitcoin mining, and Cipher's portfolio is expected to grow to over 2.5 GW across 10 sites.

Portfolio Pulse from Adam Eckert

September 24, 2024 | 2:41 pm

HAIL

PBW

XPEV

XPeng Inc. shares are trading higher due to a new stimulus package from China's Central Bank and a dealership agreement to enter the Qatari market. The company aims to expand its global presence with Pioneer Motors as its partner. XPeng's stock has declined over 39% in the past year, but it is currently up 7.17%. Investors can access XPeng through ETFs like SPDR S&P Kensho Smart Mobility ETF and Invesco WilderHill Clean Energy ETF.

Portfolio Pulse from Nabaparna Bhattacharya

September 24, 2024 | 2:38 pm

XHG

XChange Tec.INC shares rose following the announcement of a securities purchase agreement with VG Master Fund SPC.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:37 pm

BNO

SPY

USO

The market summary highlights President Biden's address on AI and foreign policy at the UN, rising oil prices due to China's stimulus and Middle East tensions, and a fall in the S&P 500 due to weak consumer confidence data.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:35 pm

ASML

Recent unusual options activity in ASML Holding (NASDAQ:ASML) indicates a bearish sentiment among large investors, with 47% of the activity being bearish. This suggests potential significant price movements. The options activity includes 5 puts and 16 calls, with a total trade value of over $1 million. The price range targeted by these options is between $420 and $1060. ASML's current stock price is $807.24, with a neutral RSI, and an earnings announcement is expected in 22 days.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 2:31 pm