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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

STLA

Stellantis CEO is considering a significant management shakeup amid increasing pressure. This move could impact the company's strategic direction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 5:52 pm

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

Options trading activity for Blackstone (NYSE:BX) shows a bearish sentiment among significant investors, with 53% of trades being bearish. The expected price range is $125 to $165. Analysts have mixed ratings, with a consensus target price of $154.2.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 5:46 pm

VRT

The options market shows significant activity for Vertiv Holdings (NYSE: VRT), with a mix of bullish and bearish sentiment among investors. The stock price has risen by 2.11% to $109.07, and analysts have set a target price of $125.00. The next earnings report is due in 14 days.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 5:46 pm

GSK

GSK has reached a $2.2 billion settlement to resolve 93% of the Zantac lawsuits in the U.S., leading to a 7.68% surge in its stock price. The settlement aims to mitigate financial uncertainties and reduce litigation risks.

Portfolio Pulse from Vandana Singh

October 09, 2024 | 5:42 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares rose by 11.5% after the company received a 10% stake in Grow Fandor, previously held by its founder YT Jia. This move indicates potential collaborations between the two companies.

Portfolio Pulse from Dylan Berman

October 09, 2024 | 5:41 pm

AFRM

COIN

FUTU

HOOD

PGR

PYPL

SOFI

TIGR

The article highlights unusual options activity for several financial stocks, indicating potential trading opportunities. Notable bullish call options were observed for TIGR, HOOD, SOFI, COIN, GS, AFRM, and C, while bearish put options were noted for FUTU and PGR. PYPL had a bearish call option.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 5:35 pm

AMZN

BABA

FND

NIO

PDD

TSLA

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