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AAPL

AMD

AVGO

CRM

IBM

INTC

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NVDA

SMCI

The article highlights unusual options activity in the Information Technology sector, focusing on call and put options for companies like NVDA, INTC, AAPL, AMD, MSTR, AVGO, MSFT, CRM, SMCI, and IBM. The sentiment varies from bullish to bearish, indicating potential short-term price movements.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 5:35 pm

AAPL

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MSFT

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Apple's new macOS Sequoia update has disrupted several cybersecurity tools from companies like CrowdStrike, SentinelOne, and Microsoft. The update has caused frustration among developers and users, as it breaks the functionality of these security tools. Companies are working on fixes, but the issue highlights potential shortcomings in Apple's software testing processes.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:35 pm

SPY

President Biden emphasized the importance of the Federal Reserve's independence, stating that losing it would cause significant economic damage. He also mentioned that he has not spoken to the Fed Chair since taking office.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:31 pm

HE

Hawaiian Electric Industries, Inc. (NYSE:HE) shares fell 10.1% after announcing an Equity Distribution Agreement to issue up to $250 million in common shares. The company is also settling litigation claims related to the Maui windstorm and wildfires for $1.91 billion, with payments starting in 2025.

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 5:29 pm

AAP

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AZO

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GM

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KMX

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TSLA

VC

Auto-related stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points. This move is expected to stimulate consumer spending and improve credit affordability, benefiting the auto industry.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:28 pm

NIO

Nio's new lower-priced brand, Onvo, has announced its first car, the L60 SUV, with a starting price of 149,900 Chinese Yuan ($21,210) when opting for battery services. This move is seen as a strategic effort to capture a larger market share in the electric vehicle sector.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:26 pm

NVDA

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TMUS

VZ

T-Mobile US Inc (NASDAQ:TMUS) announced a three-year AI-focused plan, which has led to positive analyst reactions and increased price targets. The plan includes growth in wireless subscriber loading, service revenue, and free cash flow, with a focus on customer experience. Analysts expect sizable capital returns to shareholders and have raised price targets, reflecting confidence in T-Mobile's growth trajectory.

Portfolio Pulse from Priya Nigam

September 19, 2024 | 5:20 pm

CHWY

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Retail stocks are trading higher after the Fed's decision to cut rates, which is expected to boost consumer spending. The sector is also benefiting from strong August retail sales data.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:19 pm

SPY

President Biden delivered remarks at the Economic Club of Washington, D.C., which could influence market sentiment and potentially impact the SPDR S&P 500 ETF (SPY).

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:18 pm

CLSK

CleanSpark, Inc. (NASDAQ:CLSK) shares are trading higher due to a broad market rally following the Federal Reserve's first interest rate cut in four years. This has increased the attractiveness of risk assets like stocks and cryptocurrencies, including Bitcoin, which is trading above $63,000. CleanSpark's revenue growth in FY23 was 20.22%, and its stock has outperformed its peers despite a negative average annual growth rate.

Portfolio Pulse from Erica Kollmann

September 19, 2024 | 5:14 pm