Streetbeat News

Order Imbalances

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Several companies are in the news for various reasons. Alphabet and Discord are facing ethical concerns over Google's AI chatbot, Bard. MGM Resorts snubbed hackers' ransom demands after a cyberattack. Costco is accused of sharing confidential health data with Meta Platforms. Humana has appointed a new CEO. Novo Nordisk has stopped a kidney trial due to early signs of efficacy. Walgreens has appointed a new CEO. GSK has settled a lawsuit. LVMH reported a 9% organic revenue growth in Q3. Qantas Airways is overhauling its board. Tempest Therapeutics' stock soared after positive results from a clinical trial. Tech giants Baidu, Huawei, and Alibaba are setting standards for autonomous driving in China. Blackstone is in talks to acquire a stake in Disney's Indian subsidiary. Mallinckrodt's bankruptcy plan was approved. Birkenstock has priced its IPO.

Portfolio Pulse from Vandana Singh

October 11, 2023 | 1:36 pm

PMEC

Trading of Primech Holdings (PMEC) has been halted due to a circuit breaker.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 3:11 pm

LASE

Laser Photonics has received an order from Electrostatic Refinishing Solutions for its CleanTech Laser Cleaning System. The system is used for surface preparation, paint removal, and surface cleaning.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 11:11 am

LEN

Unusual options activity has been observed for Lennar (NYSE:LEN), with a bearish stance taken by a large investor. The sentiment among these big-money traders is split between 21% bullish and 78% bearish. The whales have been targeting a price range from $105.0 to $120.0 for Lennar over the last 3 months. The price of LEN is up 1.88% at $111.27. Analysts from Wedbush, UBS, JP Morgan, Citigroup, and BTIG have given their ratings and price targets for Lennar.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 8:45 pm

TYGO

Tigo Energy, Inc. (TYGO) has reported that a significant number of customers have requested to delay their purchase order deliveries to the fourth quarter of 2023 or early 2024.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:35 pm

ANAB

Trading of AnaptysBio (ANAB) shares has been halted due to pending news.

Portfolio Pulse from Charles Gross

October 09, 2023 | 11:59 am

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The article discusses various regulatory, financial, and operational updates from multiple companies. Key points include potential delays in the PGA Tour and LIV Golf merger due to regulatory concerns, Snap Inc facing UK regulatory hurdles over privacy concerns, Philips' ventilator device recall facing FDA's discontent, Micron's $15B investment in a new Idaho facility, Novo Nordisk's weight loss drugs posing serious stomach risks, Shell revising its Q3 FY23 operational outlook, MGM Resorts expecting a $100M blow from a recent cybersecurity breach, GSK cutting stake in Haleon, TSMC's earnings fueled by AI demand, Netflix's growth issues in India, Uber facing legal hurdles in EU, ConAgra considering a makeover in portion sizes amid diet drug wave, PayPal facing a class-action suit accused of forcing higher price, Nvidia, Intel, Qualcomm challenging Biden's China restrictions, and Microsoft nearing the completion of Activision Blizzard acquisition.

Portfolio Pulse from Vandana Singh

October 06, 2023 | 2:05 pm

LPTH

LightPath Technologies has secured a renewal order worth $3.4 million, marking a 36% increase from the initial order.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:35 pm

Trading of SP Plus has been halted due to pending news.

Portfolio Pulse from Charles Gross

October 05, 2023 | 11:57 am

SYTA

SYTAW

Siyata Mobile Inc. has received an order from the U.S. federal government for its Hero Series UM50 FN cellular boosters, which are compatible with the FirstNet wireless network.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 12:08 pm