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AFLYY

APO

Apollo Global Management, Inc. (APO) has agreed to invest EUR 500 million into an Air France KLM (AFLYY) affiliate for the airline's Engineering and Maintenance activities. This is Apollo's second deal with Air France-KLM in a year, contributing a total of EUR 1 billion. The investment will strengthen the airline's balance sheet and support future maintenance activities.

Portfolio Pulse from Akanksha Bakshi

July 14, 2023 | 2:33 pm

DFLI

PRFX

PTPI

RIVN

RXRX

Benzinga's Stock Whisper Index highlights five stocks that warrant attention. This week's stocks include Rivian Automotive (RIVN), which saw a 70% rise in shares due to strong Q2 production and delivery numbers; Recursion Pharmaceuticals (RXRX), which announced a $50 million investment by Nvidia Corporation (NVDA); Dragonfly Energy Holdings Corp (DFLI), which saw a small rally after announcing that nuCamp RV will use its products as standard equipment; Petros Pharmaceuticals (PTPI), which recently announced a $15 million private placement; and PainReform (PRFX), which saw a 40% rise in shares year-to-date.

Portfolio Pulse from Chris Katje

July 14, 2023 | 2:17 pm

SCHW

A significant amount of bearish options activity has been detected for Charles Schwab (NYSE:SCHW), with 66% of investors opening trades with bearish expectations. The targeted price range for Charles Schwab over the last 3 months is $55.0 to $65.0. The current price of SCHW is $59.9, down -0.05%. RSI indicators suggest the stock may be overbought. Next earnings are expected in 4 days. Analysts' price targets range from $60 to $73.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:16 pm

WFC

Wells Fargo has announced plans to repurchase more of its stock this year, but will maintain significant capital until there is more clarity on new capital requirements.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:16 pm

SGMT

Sagimet Biosciences has priced its IPO at $16 per share, with 5.3125 million shares being offered. However, the IPO is indicating $17.50 on 87,000 shares.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:15 pm

NETD

Nabors Energy Transition Corp. II has indicated an initial public offering (IPO) price of $10.10 on 1.7 million shares.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:14 pm

APGE

Apogee Therapeutics has priced its IPO at $17 per share, with 17.65 million shares being offered. The IPO is currently indicating $22.10 on 266K shares.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:13 pm

NET

Investor Business Daily SwingTrader has reportedly purchased stock in Cloudflare, a web-infrastructure and website-security company.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 2:10 pm

MMNFF

UNRV

Unrivaled Brands, Inc. (OTCQB:UNRV) has appointed its CEO, Sabas Carrillo, as the chairman of the board and its COO, James Miller, as a director on the board. Miller brings diverse operational expertise from his roles in various sectors, including senior positions at Walt Disney Company, Viacom, 3PL Central LLC, and MedMen Enterprises Inc. (OTCQB:MMNFF).

Portfolio Pulse from Vuk Zdinjak

July 14, 2023 | 2:05 pm

UBER

A significant bullish stance has been taken on Uber Technologies (NYSE:UBER) by an unknown entity, with 75% of big-money traders being bullish and 25% bearish. The price target for Uber is estimated to be between $25.0 and $52.5 based on the volume and open interest on these contracts. The price of UBER is up 1.18% at $46.18. Several financial institutions have maintained their positive ratings on Uber, with price targets ranging from $50 to $75.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:03 pm