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Stock Prices

COIN

GGAL

JPM

PYPL

STNE

TOST

WFC

Today's session highlighted significant options activity for 10 financial stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and can signal shifts in market dynamics. The stocks involved include WFC, C, GGAL, TOST, JPM, COIN, PYPL, MS, STNE, and GS, with various sentiments ranging from bullish to bearish, and neutral. The options activity varied in terms of trade type, expiration dates, and strike prices, suggesting diverse strategies by large investors.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:35 pm

AMZN

BABA

CVNA

NIO

TSLA

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and divergences in market estimations of option values. Notable activities include bullish calls for TSLA, AMZN, BABA, W, and OLLI, bearish calls for NIO, BBY, and NCLH, and mixed sentiments for CVNA and PDD.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:35 pm

AAPL

AMD

COHR

CRWD

MARA

MSTR

NVDA

RIOT

SMCI

VNET

Today's session highlighted significant options activity in the Information Technology sector, with notable movements in stocks like NVDA, VNET, MSTR, MARA, AMD, SMCI, COHR, AAPL, CRWD, and RIOT. The activity ranged from bullish to bearish sentiments, with various expiration dates and strike prices, indicating diverse trading strategies and expectations from large investors or 'whales'.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:35 pm

BABA

Alibaba Group Holding Limited (NYSE:BABA) is focusing on a strategic shift by enhancing its logistics and shipping division, Cainiao, and implementing share buybacks. Mizuho analyst James Lee maintains a Buy rating on Alibaba with a $95 price target. The company withdrew Cainiao's IPO application from the Hong Kong Stock Exchange, citing strategic integration with core e-commerce operations and current market challenges. Alibaba plans to repurchase shares worth up to $3.75 billion from minority shareholders and owns 64% of Cainiao, valuing it at $10.41 billion. The firm also intends to review its dividend policy and provide quarterly updates on share buybacks, aiming to return capital to shareholders. Despite a slight decrease in share price, Alibaba is seen as an attractive turnaround story.

Portfolio Pulse from Anusuya Lahiri

March 27, 2024 | 5:33 pm

HOUR

Hour Loop shares are trading lower following the announcement of a year-over-year decrease in its FY23 EPS results.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 5:30 pm

PCAR

Over the past 5 years, PACCAR (NASDAQ:PCAR) has outperformed the market with an annualized return of 22.12%, turning a $100 investment into $269.09 today. The company's market capitalization stands at $64.89 billion.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:30 pm

BIDU

Baidu Inc. (NASDAQ:BIDU) experienced a slight decrease in share price to $103.00, marking a 0.64% drop in the current market session. Despite a minor increase over the past month, the stock has fallen by 32.44% over the past year. Baidu's P/E ratio of 13.45, compared to the Interactive Media & Services industry average of 67.23, suggests it may be undervalued or expected to underperform. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for a comprehensive investment decision.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:30 pm

TXN

Over the past 20 years, Texas Instruments (NASDAQ:TXN) has delivered an average annual return of 8.92%, turning a $1000 investment into $5,622.82 today. With a current market capitalization of $153.74 billion, TXN's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:30 pm

IRIX

IRIDEX shares are trading higher following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 5:29 pm

APO

UBS

UBS Group AG (NYSE:UBS) and Apollo Global Management Inc. (NYSE:APO) have finalized agreements marking the completion of the carve-out of a former Credit Suisse business. UBS sold $8 billion in senior secured financing facilities to Apollo and terminated its Investment Management Agreement with Atlas. This move aligns with UBS's strategy to simplify its Non-Core and Legacy portfolio, aiming to reduce risk-weighted assets and leverage. UBS anticipates a net gain of $0.3 billion in Q1 2024 from these transactions, while Credit Suisse is expected to face a $0.9 billion net loss. The deal is seen as a step towards reducing costs and complexity for UBS, while Apollo views it as economically neutral, capping off a quarter of record originations and capital raising for Atlas.

Portfolio Pulse from Lekha Gupta

March 27, 2024 | 5:27 pm