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Stock Prices

DIS

Deep-pocketed investors are showing a bullish approach towards Walt Disney (NYSE:DIS) with significant options activity detected. The options scanner highlighted 10 extraordinary options activities, with a majority leaning bullish. The trading volumes and open interest suggest a price band between $90.0 and $130.0 for DIS. Analysts have given mixed ratings, with an average price target of $103.5.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:30 pm

LULU

Deep-pocketed investors have adopted a bearish approach towards Lululemon Athletica (NASDAQ:LULU), as revealed by Benzinga's options scanner. The majority of the options activity is bearish, with significant put options being traded. Analysts, however, maintain a positive outlook with high price targets.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:30 pm

CMG

Investors with significant capital have taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), as observed through 15 uncommon options trades. The overall sentiment is split, with 26% bullish and 33% bearish. The major market movers are focusing on a price band between $2180.0 and $3400.0 for CMG. The current price of CMG is $3147.26, down 0.69%. Analysts have mixed ratings, with target prices ranging from $3000 to $3520.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:30 pm

COST

FSTA

GM

XLP

Costco Wholesale Corporation (NASDAQ:COST) shares are trading flat today despite reporting strong sales growth for May and the first 39 weeks of FY24. The company also beat Q3 FY24 revenue and EPS estimates. Additionally, General Motors (NYSE:GM) is leveraging the Costco Auto Program for its EVs. Investors can gain exposure to Costco via SPDR Select Sector Fund – Consumer Staples (NYSE:XLP) and Fidelity MSCI Consumer Staples Index ETF (NYSE:FSTA).

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 2:28 pm

WLDS

Wearable Devices shares are trading higher following the announcement of their integration with Qualcomm Snapdragon spaces.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:28 pm

AAPL

AMD

NVDA

VGK

NVIDIA begins trading on a split-adjusted basis, Apple WWDC event is set to start at 1:00 PM ET, and AMD falls after a ratings downgrade from Morgan Stanley. Additionally, the far-right makes gains in European Parliament elections.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:25 pm

MRNO

Murano Global Investments shares are trading higher after the company announced that it signed a Memorandum of Understanding (MOU) to explore the potential to develop a cruise port destination on its property in Bajamar, Baja California, Mexico.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:20 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for June 10th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key price levels for each asset, suggesting potential bullish and bearish targets based on proprietary formulas. The memo also highlights important economic events to watch, including the New York Fed Survey of Consumer Expectations, Treasury's Buyback Announcement, and various Treasury auctions.

Portfolio Pulse from RIPS

June 10, 2024 | 2:20 pm

SMG

A class action lawsuit has been filed against Scotts Miracle-Gro Company (NYSE:SMG) alleging misleading information and artificially inflated prices. The lawsuit covers investors who acquired Scotts securities between Nov. 3, 2021, and August 1, 2023. The company is accused of making false statements about inventory levels, debt compliance, and financial performance, leading to inflated stock prices. Recent financial disclosures have led to a significant decline in stock price.

Portfolio Pulse from Nina Zdinjak

June 10, 2024 | 2:18 pm

ADAUSD

DOTUSD

ETHUSD

Economist Henrik Zeberg predicts a significant rise in the altcoin market, suggesting a euphoric bull run is imminent. This comes as central banks, including the ECB, cut rates to prevent a recession. The approval of Ethereum ETFs has intensified competition in the smart contract arena, potentially benefiting altcoins like Cardano and Polkadot.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 2:18 pm