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ON

Market whales have shown a bullish stance on ON Semiconductor, with 75% of recent options trades being bullish or neutral. The trades suggest a price target range of $35 to $75. Despite a recent price drop of 2.85%, the stock remains neutral in terms of RSI. The next earnings report is due in 48 days.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 6:16 pm

BA

GCAD

ITA

Boeing shares are down due to a reported six-month delay in a key production milestone for its 737 MAX. The company also announced the launch of its Q4S satellite in 2026, aiming to advance quantum networking in space. Boeing delivered 40 commercial jets in August, an improvement from last year.

Portfolio Pulse from Lekha Gupta

September 10, 2024 | 6:15 pm

BMR

Beamr Imaging shares rose following the demonstration of advanced video optimization for 4K live streaming using NVIDIA Holoscan at IBC 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:13 pm

LBPH

Truist Securities initiated coverage on Longboard Pharmaceuticals (NASDAQ:LBPH), highlighting its high-value epilepsy assets. The company plans to advance its lead drug, bexicaserin, into Phase 3 trials. Bexicaserin has shown promising results in reducing seizures and has received FDA Breakthrough Therapy designation. Truist rates LBPH as a Buy with a $60 price target, citing bexicaserin's superior safety and potential to expand the epilepsy market.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 6:13 pm

VCIG

VCI Global shares are experiencing a decline following updates on its AI business and plans for a strategic reorganization.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:08 pm

GOOGL

Google will allow beer-related advertising in Poland starting October 1. Advertisers can promote beer beverages and share beer information, but alcohol sales and promotion of other liquors remain prohibited.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:04 pm

AAPL

Apple Inc. (NASDAQ:AAPL) launched the iPhone 16 series, featuring Apple Intelligence, at the 'Glowtime' event. The article discusses how investors can earn $500 monthly from Apple's dividends, requiring ownership of 6,000 shares. Apple's dividend yield is 0.45%, with a quarterly dividend of 25 cents per share. The stock price closed at $220.91, up 0.04%.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 6:00 pm

TCEHY

UBSFF

Ubisoft faces pressure from minority shareholder AJ Investments to go private after a significant stock drop following the release of Star Wars Outlaws. The hedge fund criticizes Ubisoft's management and suggests a potential proxy fight if demands are not met.

Portfolio Pulse from Franca Quarneti

September 10, 2024 | 5:59 pm

CPB

Campbell Soup Company (NASDAQ:CPB) announced a long-term growth plan targeting 2%-3% organic sales growth by 2027, alongside a potential rebrand to 'The Campbell's Company'. The strategy includes a $250 million cost-saving initiative and focuses on innovation in its Snacks division and quality in its Meals & Beverages division.

Portfolio Pulse from Nabaparna Bhattacharya

September 10, 2024 | 5:58 pm

AMD

AMD shares are trading higher as the company announces its 'Advancing AI 2024' event, showcasing new AI technologies. CEO Dr. Lisa Su highlighted AMD's AI roadmap at a recent conference, noting significant growth in data center revenues. Despite the positive news, AMD shares are down 2.57%.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 5:46 pm