Streetbeat News

Products Services

MSOS

The Benzinga Cannabis Capital Conference features a panel titled 'Thriving in the Face of 2024 Cannabis Headwinds', discussing strategies for success in the cannabis industry amidst upcoming challenges.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:09 pm

BWEB

METV

RBLX

Roblox's teen usage has increased, leading Piper Sandler to raise its price target to $54. Despite a short report from Hindenburg alleging misleading metrics, Roblox denies these claims. RBLX shares rose 3.97% to $42.12. Investors can also access Roblox via BWEB and METV ETFs.

Portfolio Pulse from Lekha Gupta

October 09, 2024 | 5:58 pm

BA

GCAD

PPA

Boeing's October aircraft deliveries are expected to decline significantly due to an ongoing strike, affecting production of key models. Despite delivering 33 aircraft in September, the strike has led to a reduced delivery forecast for the year. The focus is on resolving the strike and managing cash flow. Boeing's stock is under selling pressure, with a price target of $220. Investors can also consider aerospace ETFs like GCAD and PPA for exposure.

Portfolio Pulse from Lekha Gupta

October 09, 2024 | 5:53 pm

BA

Boeing's shares are trading lower due to potential credit downgrades from S&P Global and Moody’s, driven by a machinist union strike and financial complications. The strike, now in its fourth week, is costing Boeing over $1 billion monthly and threatens production goals. Additionally, the FAA has issued a warning about a potential rudder system malfunction in Boeing 737 planes, adding to safety concerns. Despite these challenges, some investment firms maintain buy ratings on Boeing, while others are more cautious.

Portfolio Pulse from Vaishali Prayag

October 09, 2024 | 5:52 pm

TSLA

Tesla's Robotaxi event is generating excitement, but analyst Ming-Chi Kuo predicts mass production won't occur until 2027. Despite recent stock gains, expectations for a significant rally may be premature due to potential regulatory hurdles.

Portfolio Pulse from Aaron Bry

October 09, 2024 | 5:48 pm

AMZN

BABA

FND

JD

LI

NIO

PDD

TSLA

W

WYNN

The article highlights unusual options activity for 10 consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include bearish sentiment for TSLA and AMZN, and bullish sentiment for WYNN and PDD.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 5:35 pm

AAPL

AMD

APLD

AVGO

MARA

MSFT

MSTR

NVDA

TWLO

WULF

The article highlights unusual options activity in the Information Technology sector, focusing on trades involving companies like NVDA, MSFT, AVGO, AMD, MSTR, AAPL, WULF, APLD, TWLO, and MARA. These trades, tracked by Benzinga's options activity scanner, indicate potential trading opportunities based on the sentiment and volume of options contracts.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 5:35 pm

GTBIF

VRNOF

The transition from medical to recreational marijuana in Connecticut is causing issues such as lack of consistent medication, high prices, and poor quality. Erin Gorman Kirk and Matt Hawkins discuss the challenges and potential solutions, including licensing models and legislative proposals.

Portfolio Pulse from Nina Zdinjak

October 09, 2024 | 5:20 pm

NOW

ZM

ServiceNow and Zoom have announced an expanded strategic alliance to integrate their generative AI technologies, aiming to enhance workflow automation and productivity. This integration is expected to be available in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 5:11 pm