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BA

Boeing (NYSE:BA) has seen a significant amount of options activity, with an equal split between bullish and bearish sentiment among investors. There were 20 trades detected, with 2 puts totaling $92,625 and 18 calls totaling $993,849. The options market is indicating a price target range for Boeing between $110.0 and $225.0. The most notable options trades include both bullish and bearish positions with various expiration dates and strike prices. Boeing's stock is currently trading at $208.22, up 0.36%, with a high RSI that may suggest it is overbought. The next earnings report is due in 70 days.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 3:45 pm

CSCO

Cisco Systems, Inc. (NASDAQ:CSCO) is expected to report Q1 FY2024 earnings of $1.03 per share, up from $0.86 the previous year, with revenue estimated at $14.62 billion versus $13.31 billion. The company has also agreed to acquire Splunk for $28 billion. Ahead of the earnings call, analysts have revised their price targets for Cisco, with most maintaining a Neutral rating and one maintaining an Outperform rating. Cisco's stock closed up 1.8% at $53.17.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 3:45 pm

ALC

Alcon's stock is trading lower following the release of their Q3 financial results, which fell short of expectations. Additionally, the company's revenue guidance for the full year 2023 was below analyst estimates, further impacting the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 3:44 pm

AXP

DIS

LYFT

MAT

SHOP

UBER

At the Benzinga Future Of Digital Assets event, experts discussed the potential of Web3 and NFTs going mainstream. Rarible's Alex Salnikov introduced RaribleX, likened to Shopify for NFTs, and highlighted partnerships with brands like Mattel. American Express's Charlie O'Neill emphasized the interest from Gen Z and millennials, and AmEx's role in facilitating brand interactions through tokenization. Notable partnerships include AmEx with Metalwood at the U.S. Open Golf and Disney's launch of an NFT marketplace with Dapper. The sentiment is that despite a recent downturn, the NFT market could see a peak in the next 2-3 years.

Portfolio Pulse from Surbhi Jain

November 15, 2023 | 3:43 pm

MAIA

MAIA Biotechnology Inc (NASDAQ:MAIA) stock dropped 20.97% to $1.47 after announcing a registered direct offering of approximately 2.4 million shares at $1.65 each. The offering includes unregistered warrants, exercisable at $1.86 per share after six months, and is expected to close around November 17. H.C. Wainwright & Co. is the exclusive placement agent. The proceeds, estimated at $4 million, will fund general operations and R&D in cancer therapy. MAIA's 52-week range is $1.42 to $5.22.

Portfolio Pulse from Henry Khederian

November 15, 2023 | 3:42 pm

JD

JD.com's stock price has increased following the release of their mixed Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 3:42 pm

VEON

VEON Ltd. (NASDAQ:VEON) has appointed Michael R. Pompeo as an independent non-executive director of Kyivstar's Board and CEO Kaan Terzioglu as Chair of the same board. This follows VEON's challenge to a freeze on its corporate rights in Ukraine and its commitment to invest $600 million in the country. VEON has also completed the sale of its Russian subsidiary. Shares of VEON are up 3.16% to $20.22.

Portfolio Pulse from Nabaparna Bhattacharya

November 15, 2023 | 3:42 pm

STRO

Piper Sandler analyst Edward Tenthoff has maintained an Overweight rating on Sutro Biopharma (NASDAQ:STRO) but reduced the price target from $18 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 3:38 pm

NU

Nu Holdings shares are trading lower following the report of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 3:38 pm

BHVN

Piper Sandler analyst Christopher Raymond has maintained an Overweight rating on Biohaven (NYSE:BHVN) and increased the price target from $29 to $36, as reported on November 14, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 3:36 pm