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SPY

Federal Reserve's Mester stated that more work is needed to gain confidence in inflation control. She noted that the median SEP projection aligns closely with her economic outlook and emphasized the need for a few more months of consistent inflation data.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:19 pm

ARM

SIRI

Arm Holdings (NASDAQ:ARM) shares initially traded higher on Friday before pulling back and turning negative after the company announced it will join the Nasdaq-100 index, replacing Sirius XM Holdings (NASDAQ:SIRI). ARM shares are currently trading 2.10% lower at $154.73.

Portfolio Pulse from Dylan Berman

June 14, 2024 | 5:18 pm

KYTX

Kyverna Therapeutics (NASDAQ:KYTX) shares are falling after the company presented data on its lead CAR T-cell therapy candidate, KYV-101, at an industry symposium. The stock has dropped 35.5% to $9.32, continuing its decline since its IPO in February.

Portfolio Pulse from Erica Kollmann

June 14, 2024 | 5:17 pm

AMD

Recent options trading activity on Advanced Micro Devices (NASDAQ:AMD) shows a mixed sentiment among large investors, with a slight bearish tilt. Benzinga's options scanner identified 37 unusual trades, with 48% bearish and 40% bullish sentiment. The trades include significant volumes of both puts and calls, indicating a focus on a price range between $125.0 and $380.0. AMD's stock is currently neutral according to RSI indicators, and analysts have mixed ratings with price targets ranging from $176 to $200.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:16 pm

SPY

UNG

USO

The U.S. Baker Hughes Oil Rig Count has decreased by 4 to 488, compared to 492 previously. The total U.S. Baker Hughes Rig Count has also dropped to 590 from 594.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:03 pm

LRHC

La Rosa Holdings shares were halted on a circuit breaker due to a significant upward movement, with the stock now up by 70.2%.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:02 pm

CLSK

Financial giants have shown a bullish interest in Cleanspark (NASDAQ:CLSK) with significant options activity. Analysis reveals 35 unusual trades, predominantly calls, indicating a price window from $7.5 to $37.0. Expert opinions are mixed, with price targets ranging from $12 to $27.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:02 pm

PYPL

Market whales have shown a bearish stance on PayPal Holdings (NASDAQ:PYPL) with 52% of recent options trades being bearish. The price target for PYPL ranges from $30 to $110, with significant open interest and volume in this range. Analysts have mixed ratings, with an average target price of $82.25.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:02 pm

NEXN

Analysts have provided mixed ratings for Nexxen International (NASDAQ:NEXN) over the past three months, with a slight increase in the average 12-month price target. The company's financials show a decline in revenue growth but strong net margin and asset management.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:01 pm

LRHC

La Rosa Holdings (LRHC) shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:01 pm