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AAPL

NVDA

A major technology ETF is rebalancing its portfolio, significantly increasing its holdings in Nvidia (NASDAQ: NVDA) from 6% to 21% while reducing its stake in Apple (NASDAQ: AAPL) from 22% to 4.5%. This involves purchasing $11 billion worth of Nvidia shares and selling $12 billion worth of Apple shares. Nvidia's stock has surged 164% year-to-date, but potential volatility is anticipated.

Portfolio Pulse from Zaheer Anwari

June 18, 2024 | 5:39 pm

CAT

GEV

POWL

RKLB

SPCE

UBER

UPS

URI

VRT

The article highlights significant options activity in the Industrials sector, focusing on trades involving companies like UBER, RKLB, UPS, POWL, CAT, GEV, SPCE, VRT, and URI. These activities include both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:35 pm

AMZN

BJRI

BKNG

CMG

DKNG

EBAY

SWBI

TSLA

YUMC

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on call options for several companies. Notable mentions include AMZN, BJRI, TSLA, HD, EBAY, BKNG, YUMC, CMG, SWBI, and DKNG, with varying sentiments ranging from bullish to bearish.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:35 pm

SPY

Fed's Logan indicates that the economy is coming into better balance but expresses concerns about upside risks to inflation and lingering supply chain issues.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:34 pm

SPY

Fed's Kugler has noted an increase in delinquencies, indicating that households are being financially stretched. This could have broader implications for the economy and financial markets.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:32 pm

AZTD

CART

MVPA

SBH

Instacart (NASDAQ:CART) and Sally Beauty Holdings (NYSE:SBH) have announced a nationwide partnership to offer same-day delivery from over 2,200 Sally Beauty stores. This collaboration aims to enhance Sally Beauty's e-commerce capabilities and meet the growing demand for quick delivery of beauty products. CART stock has gained 34% in the last six months, while SBH stock has lost over 19% in the same period. Investors can also gain exposure to CART via Tidal ETF Trust Aztlan Global Stock Selection DM SMID ETF (NYSE:AZTD) and Advisor Managed Portfolios Miller Value Partners Appreciation ETF (NYSE:MVPA).

Portfolio Pulse from Nabaparna Bhattacharya

June 18, 2024 | 5:31 pm

SPY

Federal Reserve's Logan suggests that the neutral interest rate is likely higher now compared to pre-pandemic levels and anticipates that rates will not return to their previous lows.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:31 pm

SAVE

Spirit Airlines (NYSE:SAVE) has seen a 4.51% increase in its short percent of float, now at 26.41%. This indicates a bearish sentiment among investors, as it would take 7.17 days to cover these short positions. Spirit Airlines' short interest is significantly higher than its peers, whose average is 9.82%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

CSL

Carlisle Companies (NYSE:CSL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 24.4%. A $1000 investment in CSL 5 years ago would be worth $3,019.72 today. The company's market capitalization is currently $19.76 billion.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

Gartner (NYSE:IT) has significantly outperformed the market over the past 10 years, delivering an average annual return of 20.47%. A $1000 investment in Gartner 10 years ago would be worth $6,380.10 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm