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Stock Prices

BIDU

Options market data indicates a bearish sentiment among large investors towards Baidu (NASDAQ:BIDU). The majority of recent trades are puts, suggesting expectations of a price decline. Analysts have mixed ratings, with price targets ranging from $125 to $180.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:31 pm

JD

Financial giants have shown a bullish interest in JD.com (NASDAQ:JD) with 23 unusual options trades. 69% of these trades were bullish, focusing on a price range between $25.0 and $60.0. Analysts have mixed ratings, with price targets ranging from $35 to $55.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:31 pm

CVS

Investors have taken a bullish stance on CVS Health, with significant options trades detected. The sentiment is predominantly bullish, with a focus on a price range between $55.0 and $67.5. CVS Health is currently trading at $59.9, down by 0.63%. Analysts have mixed ratings, with a consensus target price of $73.5.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:31 pm

BRO

Brown & Brown (NYSE:BRO) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.3%. A $1000 investment in BRO 5 years ago would be worth $2,724.79 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:30 pm

FLUT

Flutter Entertainment (NYSE:FLUT) has outperformed the market over the past 5 years, delivering an average annual return of 20.19%. A $100 investment in FLUT 5 years ago would be worth $250.81 today. The company currently has a market capitalization of $32.98 billion.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:30 pm

ADSK

Autodesk, Inc. (NASDAQ:ADSK) shares are trading lower after the company reported better-than-expected first-quarter earnings and sales. However, a stockholder derivative complaint was filed against the company's directors and Chief Strategy Officer, alleging various violations. Despite the positive earnings, the legal issues may be contributing to the stock's decline.

Portfolio Pulse from Erica Kollmann

June 11, 2024 | 6:26 pm

AAPL

ARKK

GOOG

GOOGL

META

MSFT

QQQ

TSLA

Cathie Wood's ARK Invest report highlights the transformative potential of AI in consumer behavior, advertising, and wearable tech. The report suggests that AI could significantly save consumer time, drive $9 trillion in global private consumption by 2030, and revolutionize advertising. It also discusses the potential for both established tech giants and new entrants to dominate the AI space.

Portfolio Pulse from Hayden Buckfire

June 11, 2024 | 6:20 pm

BIIB

LLY

Eli Lilly's Alzheimer's treatment, donanemab, received a favorable verdict from an FDA advisory committee, boosting its stock potential. BofA analyst Geoff Meacham reiterated a Buy rating with a $1,000 price target for Eli Lilly (LLY). The verdict supports regulatory approval for donanemab, which is expected to have a label similar to Biogen's (BIIB) Leqembi. However, challenges in commercial implementation and potential risks from competing products and drug pricing system restructuring remain.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 6:19 pm

IREN

Iris Energy Limited (NASDAQ:IREN) shares are trading higher after Cantor Fitzgerald analyst Brett Knoblauch assumed coverage with an Overweight rating and increased the price target from $10 to $23. The analyst cited significant growth potential in hash rate capacity and AI/HPC revenue opportunities. Despite Bitcoin's decline, Iris Energy shares are up 15.8% on above-average trading volume.

Portfolio Pulse from Erica Kollmann

June 11, 2024 | 6:18 pm

BKNG

Financial giants have shown a bearish sentiment towards Booking Holdings (NASDAQ:BKNG) through options trading. Analysis reveals 50% bearish and 32% bullish trades, with significant activity in puts and calls. The stock is currently trading at $3788.35, down by -0.01%, with an average analyst price target of $4342.0.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:17 pm