Streetbeat News

Order Imbalances

MASS

908 Devices has received a $10.4M order from the United States Air Force for its handheld MX908 device.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:31 pm

BAC

Unusual options activity has been observed for Bank of America (NYSE:BAC), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 12 options trades for Bank of America, with 11 puts and 1 call. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. The price target for Bank of America over the last 3 months has been targeted between $15.0 to $28.0. The current price of BAC is up 0.12% at $25.6.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:01 pm

CADE

Trading of Cadence Bank shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:47 am

A significant bearish stance has been taken on ON Semiconductor (NASDAQ:ON) as observed from unusual options activity. The sentiment among big-money traders is split between 40% bullish and 60% bearish. Whales have been targeting a price range from $88.0 to $100.0 for ON Semiconductor over the last 3 months. The price of ON is currently down -2.84% at $87.05. Morgan Stanley maintains an Equal-Weight rating on ON Semiconductor with a price target of $110, while Exane BNP Paribas downgraded its action to Neutral with a price target of $95.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 8:16 pm

A significant bearish stance has been taken on General Dynamics (NYSE:GD) as evidenced by unusual options activity. The sentiment among big-money traders is split between 33% bullish and 66% bearish. Whales have been targeting a price range from $200.0 to $260.0 for General Dynamics over the last 3 months. The company's stock price is currently down by 0.94% at $240.58. Several financial institutions have recently updated their ratings and price targets for GD.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 7:30 pm

RVSN

Rail Vision has received a $500,000 order from a Latin America mining company. The company's stock, RVSN, may be impacted by this news.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:01 pm

AAPL

ALB

AZN

BTCUSD

CVS

HON

MANU

NVAX

NWSA

PFE

RAD

WBA

Bitcoin's price spiked on false rumors of an ETF approval by BlackRock. Albemarle Corporation withdrew its offer to acquire Liontown Resources. Pfizer cut its annual revenue guidance by $9B due to a slump in COVID-19 vaccine sales, and BioNTech warned of €900M write-offs. Rite Aid filed for Chapter 11 bankruptcy. AstraZeneca's Tagrisso-Chemo combo is under FDA priority review. Honeywell projects a 10% increase in new business jet deliveries in 2024. WeWork appointed David Tolley as CEO. Novavax faces a setback as the EMA delays a decision on its COVID-19 vaccine. Activist shareholder Starboard Value acquired a stake in News Corp. Goldman Sachs is reconsidering its consumer lending venture. Manchester United shares fell as the Qatari group pulled away from acquisition. Apple is reshuffling its executive ranks and focusing on reducing the price of Vision Pro. Walgreens and CVS pharmacy staff are planning a nationwide walkout over poor working conditions.

Portfolio Pulse from Vandana Singh

October 16, 2023 | 2:35 pm

MOB

Mobilicom Limited (NASDAQ:MOB) has secured two follow-on orders, including one from a large Tier-1 customer. The orders are for Mobilicom's Mesh networking product and Mobile Ground Control Stations, demonstrating market traction for the company's solutions in drones and military settings. The repeat orders come from a Tier-1 global leader in the defense and aerospace market and a maker of remote controlled weapons stations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:13 pm

LMT

A significant amount of unusual options activity has been observed for Lockheed Martin (NYSE:LMT), with a roughly equal split between bullish and bearish expectations. The trades have targeted a price range of $360 to $500 over the last three months. Deutsche Bank, Wells Fargo, and UBS have recently updated their ratings and price targets for LMT. The stock's current price is $436.65, up 0.36%, and it may be approaching overbought territory according to RSI indicators.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 8:16 pm

ERJ

Luxair, the flag carrier of Luxembourg, has signed a firm order for four E195-E2 aircraft from Embraer (NYSE:ERJ). The aircraft will complement Luxair's larger narrowbody aircraft recently ordered. Luxair also secured two options and three purchase rights for more aircraft, with conversion rights to E190-E2 as required. The first aircraft delivery is scheduled for Q4 2025.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:18 pm