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Recent options activity for Ford Motor (NYSE:F) shows a bullish trend among investors, with 55% of trades being bullish and 45% bearish. The focus is on a price band between $8.0 and $17.0. Notable trades include both calls and puts with varying sentiments and expiration dates. Ford's current market status shows a slight increase in stock price to $12.88, with an RSI indicating it may be approaching overbought. Analysts have mixed opinions, with target prices ranging from $10 to $16. Ford operates in the automotive industry, with significant market shares in the US, Europe, and China, and is expected to benefit from inventory improvements post-chip shortage.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 3:17 pm

AMDI

Amphitrite Digital Inc (NASDAQ:AMDI) is set to begin trading on NASDAQ on February 09, with an IPO price range of $3.50 to $4.50 per share. The company specializes in providing in-destination tours, activities, and attractions in the US and the Caribbean, focusing on marine wildlife, nature, history, and culture.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 3:00 pm

AAPL

MSFT

Apple Inc (AAPL) reported a 2% YoY revenue growth to $119.6 billion in its fourth quarter, surpassing Wall Street expectations and marking its first sales growth in a year, driven by record service revenue. Despite this, weak demand in China, where revenue slumped 13% YoY, overshadowed the achievement. Meanwhile, Microsoft Corporation (MSFT) surpassed Apple as the world's most valuable company, reaching a $3 trillion market cap, fueled by its strongest profit growth in over two years and AI integration across its business. Apple's services segment, including the App Store and Apple TV, grew 11% YoY, highlighting a shift in the company's revenue sources. Apple also introduced the Vision Pro headset, a significant product launch, and received 13 Academy Award nominations for its AppleTV+ content.

Portfolio Pulse from Upwallstreet

February 08, 2024 | 2:59 pm

BWA

XPEV

BorgWarner Inc. (NYSE:BWA) shares fell after reporting Q4 results with earnings and revenue missing estimates. Adjusted EPS was 90 cents versus the expected 94 cents, and revenues were $3.52 billion against the forecast of $3.65 billion. Despite a 6.2% year-over-year revenue increase, the company's FY24 sales outlook of $14.4 billion-$14.9 billion falls short of the $15.3 billion estimate. BorgWarner also announced the start of eMotor rotor and stator production for XPeng Inc. (NYSE:XPEV), targeting the X9 MPV and a future electric sedan.

Portfolio Pulse from Nabaparna Bhattacharya

February 08, 2024 | 2:49 pm

CART

Instacart and Hy-Vee have announced a partnership where Hy-Vee will integrate Instacart's Fulfillment as a Service to enhance order fulfillment, expand delivery options, and optimize services for their customers. This collaboration aims to provide same-day delivery services, leveraging Instacart's technology and network.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:45 pm

WLY

Wiley, a leading global publisher, has entered into a 3-year open access agreement with the University of Macau, set to commence on January 1, 2024. This partnership aims to support open access research, enhancing the dissemination and accessibility of scholarly works.

Portfolio Pulse from Charles Gross

February 08, 2024 | 2:44 pm

BTI

British American Tobacco PLC (NYSE:BTI) shares surged after reporting preliminary 2023 results, showing a revenue decline of 1.3% but organic growth of 3.1%. New Categories segment revenue increased by 15.6% Y/Y, contributing significantly to total profit. The company also highlighted a review of its stake in India's ITC and anticipates low-single-digit organic revenue and adjusted profit growth in 2024, despite expecting global tobacco industry volume to decline by 3%. Investments are planned to strengthen the U.S. business and accelerate innovation.

Portfolio Pulse from Lekha Gupta

February 08, 2024 | 2:40 pm

GOOG

GOOGL

Alphabet Inc.'s Google has rebranded its AI chatbot Bard to Google Gemini, introducing minor upgrades and a new mobile app. The rebranding consolidates Google's AI efforts under the Gemini name, with the chatbot now supporting 40 languages and a dedicated app for Android and iOS. The update includes the introduction of Ultra 1.0 in Gemini Advanced, enhancing capabilities in reasoning, coding, and creative collaboration. Google plans to integrate Gemini models into everyday products and services, including Workspace and Google Cloud.

Portfolio Pulse from Rounak Jain

February 08, 2024 | 2:39 pm

UAVS

AgEagle Aerial Systems Inc (AMEX:UAVS) shares surged 21.4% after announcing a new drone contract with UT-Battelle LLC for the Department of Energy's Oak Ridge National Laboratory. The contract involves the procurement of eBee X and eBee TAC drones, recognized for their U.S. government certification and FAA approval for Operations Over People without a waiver. This deal highlights AgEagle's role as a trusted partner in providing certified security solutions for critical areas such as national security and emergency response.

Portfolio Pulse from Adam Eckert

February 08, 2024 | 2:34 pm

FBLG

FibroBiologics has been granted three U.S. patents for its innovative fibroblast technology aimed at repairing cartilage and treating disc degenerative disease, as well as for gene therapy for the regeneration of chondrocytes or cartilage type cells. The patents underscore the company's advancements in medical treatments using fibroblast technology.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:34 pm