- Benzinga's options activity scanner tracked abnormal trading transactions for 10 consumer discretionary stocks to help traders identify potential market opportunities.
- Key whale activities detailed include a bullish TSLA call option trade with 130.0K volume and a bearish CVNA put option trade totaling $147.7K.
- Other notable transactions featured mixed bullish, bearish, and neutral sentiments across companies like DKS, BABA, HOG, BBY, UA, HD, ONON, and GM.
- The U.S. Department of the Treasury announced plans to double the maximum size of liquidity-support buyback operations for longer-dated nominal coupon securities from $2 billion to at least $4 billion per operation starting September 9, 2026.
- This intervention aims to address financial system sensitivity and rising long-term yields, which are threatening government borrowing costs.
- Broader market indices finished lower last week, led by a 2.05% decline in the Nasdaq, while sectors like healthcare and energy surged amidst ongoing inflation scrutiny and upcoming core PCE data releases.
- Viking Global Investors reallocated its equity portfolio during the second quarter by executing an $817 million investment in Ferrari and reducing its Tesla stake by 78% to $230.4 million.
- The hedge fund expanded its Carvana position by 343% to $811 million while fully liquidating its holdings in Apple, Alphabet, and CoreWeave.
- Viking Global's total reported 13F portfolio value adjusted from $35.75 billion in the first quarter to $35.08 billion at the end of the second quarter.