Streetbeat News

Order Imbalances

LEN

A significant bearish stance has been taken on Lennar (NYSE:LEN) as indicated by unusual options activity. The sentiment among big-money traders is split between 38% bullish and 61% bearish. Whales have been targeting a price range from $110.0 to $125.0 for Lennar over the last 3 months. The price of LEN is currently down -0.89% at $116.0. Analysts have mixed opinions with Citigroup and JMP Securities maintaining their Buy and Market Outperform ratings respectively, while Wedbush downgraded its action to Neutral and RBC Capital maintained their Underperform rating.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 3:15 pm

DTCK

Shares of Davis Commodities have been halted due to a circuit breaker being triggered on the downside.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:59 pm

AMZN

GOOG

MSFT

TSM

Several major companies have made headlines. Amazon has hired Microsoft's Chief Product Officer, Panos Panay. Google is under scrutiny for allegedly manipulating ad auctions. Taiwan Semiconductor Manufacturing is planning to boost packaging capacity in Arizona. Microsoft has addressed a security incident involving sensitive information exposure on GitHub. Novo Nordisk has partnered with Aspen Pharmacare to produce insulin in South Africa. BeiGene has regained rights to its cancer drug from Novartis. Rocket Lab's 41st mission faced technical issues. The European Commission has approved ViiV Healthcare's HIV prevention drug. AutoZone's Q4 earnings exceeded estimates. BP has appointed Kate Thomson as interim CFO. MGM Resorts may lose out on casino licenses in NYC due to a scandal. Google and the Department of Defense are developing an AI-powered microscope. Apple faces threats from Huawei in China. Google's Bard AI chatbot is being integrated with Gmail, Google Docs, and YouTube. Starbucks is facing a lawsuit over its 'fruit' drinks.

Portfolio Pulse from Vandana Singh

September 19, 2023 | 2:01 pm

ELTK

Eltek has received a $2.9M purchase order from an existing customer. The order will be supplied over a period of 16 months starting from February 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:47 pm

MTEK

Maris-Tech Ltd. (NASDAQ:MTEK), a provider of AI accelerated video solutions, has received a $234,000 order from an Israeli government defense agency for the development of a customized intelligence-gathering solution. The company anticipates additional follow-up orders for system production and delivery.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:32 pm

SPY

The market-on-close imbalance is leaning towards the sell-side with $1.3 billion. This could potentially impact the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 7:51 pm

SPY

The market-on-close imbalance is leaning towards the sell-side with $420M. This could potentially impact the overall market sentiment and the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 7:36 pm

SYTA

Siyata Mobile Inc. (SYTA) has received a follow-on order for additional units of its SD7 handsets and VK7 vehicle kits from a large North American waste management company. The company expects to deliver the follow-on order in the third quarter of 2023. The waste management provider has experienced benefits from deploying Siyata's handsets and accessories, leading to deeper penetration in a new vertical market.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:11 pm

LECO

Lincoln Electric has received its initial order for the Velion DC Fast Charger for electric vehicles. This marks a significant milestone for the company in the electric vehicle charging market.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:35 pm