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SPR

Boeing Company (NYSE:BA) shares are slightly up, despite being down over 30% YTD. A Reuters report indicates Boeing's suppliers improved on-time deliveries to 80% in 2023, but still below satisfactory levels. Bloomberg reports Boeing is considering selling two defense businesses to improve its balance sheet. Boeing is also in talks with Spirit Aerosystems Holdings, Inc. (NYSE:SPR) for a potential acquisition to address quality and manufacturing issues. Analysts have a mixed outlook on BA, with an average 12-month price target of $247.71.

Portfolio Pulse from Erica Kollmann

March 19, 2024 | 5:33 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares dropped 2.7% to $4.28 amid general market volatility and ahead of the Federal Reserve's FOMC meeting. The potential for rising interest rates poses a threat to AMC's borrowing costs, profitability, and growth initiatives. The entertainment industry's competitive landscape could also shift unfavorably for AMC due to these financial pressures. Additionally, the article touches on how to buy AMC stock and mentions its 52-week trading range.

Portfolio Pulse from Henry Khederian

March 19, 2024 | 5:32 pm

GCT

JOAN

JWN

SRM

In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Notable gainers include SRM Entertainment, TCTM Kids IT Education, 2U, Fitell, Worksport, and Nordstrom, with increases ranging from 9.55% to 17.8%. Conversely, notable losers were JOANN, ATA Creativity Global, GigaCloud Tech, Allurion Technologies, J-Long Group, and Greenlane Holdings, with decreases ranging from 10.2% to 32.0%. GigaCloud Tech's recent Q4 earnings release is highlighted.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:31 pm

HUYA

NCMI

In Tuesday's intraday session, several Communication Services stocks experienced significant movements. National CineMedia (NCMI) led the gainers with a 23.0% increase following their Q4 earnings release. Other notable gainers include Onfolio Holdings (ONFO), Treasure Global (TGL), HWH International (HWH), Ucloudlink Group (UCL), and Cardlytics (CDLX), all experiencing upward movements post their Q4 earnings announcements. Conversely, Global Mofy Metaverse (GMM), WiMi Hologram Cloud (WIMI), Anghami (ANGH), Chicken Soup for the Soul Entertainment, Inc. - 9.50% Notes due 2025 (CSSEN), Direct Digital Holdings (DRCT), and HUYA (HUYA) were among the losers, with HUYA also releasing its Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:31 pm

AFIB

ELVN

FUSN

OTRK

The article reports on significant intraday movements of health care stocks, highlighting both gainers and losers. Ontrak, Fusion Pharmaceuticals, and SCWorx led the gainers with substantial increases in their stock prices, while Acutus Medical, Seelos Therapeutics, and Lantern Pharma were among the top losers. Notably, Enliven Therapeutics, Lantern Pharma, Eyenovia, and Acurx Pharmaceuticals had recent Q4 earnings reports influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:31 pm

CMTL

FUFU

ZEPP

In Tuesday's intraday session, several Information Technology stocks experienced significant movements. Notable gainers include BitFuFu, Movella Holdings, Spectaire Holdings, Veritone, Akoustis Technologies, and My Size, with increases ranging from 11.66% to 22.5%. On the downside, Comtech Telecom, Peraso, Zepp Health, Mercurity Fintech Holding, Presto Automation, and AEye saw declines between 13.6% and 27.4%, largely due to recent earnings releases.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:31 pm

Recent options trading trends for Alcoa (NYSE:AA) show a bullish sentiment among investors, with 69% of trades being bullish. The trading volume and open interest suggest a price target range of $25.0 to $35.0 for Alcoa. The company, a major player in the aluminum industry, is currently trading at $30.35, down by -2.19%. Analysts, including one from B of A Securities, have set an average price target of $32.0, maintaining a Neutral rating.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:30 pm

ARBE

Arbe Robotics' stock price increased following a post on X about its participation in the NVIDIA sensor ecosystem.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 5:29 pm

AAPL

GOOG

META

SOCL

SPMO

Meta Platforms Inc (NASDAQ:META) has reduced the subscription fee for ad-free Facebook and Instagram in Europe to 5.99 euros, down from 9.99 euros, in response to EU privacy laws and the Digital Markets Act (DMA). This move aims to address concerns from privacy activists and antitrust regulators. The company is adapting to the DMA, which restricts personalized ads without user consent. Meta's pricing strategy seeks a balance between EU regulations and providing value. The EU has also targeted other Big Tech companies, including Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL), for their market practices. META stock is down 0.74% at $493.42. Investors can also gain exposure to META through Global X Social Media ETF (NASDAQ:SOCL) and Invesco S&P 500 Momentum ETF (NYSE:SPMO).

Portfolio Pulse from Anusuya Lahiri

March 19, 2024 | 5:27 pm

RACE

Ferrari N.V. (NYSE:RACE) is facing a lawsuit in the U.S. over allegations of failing to address brake defects in its cars, despite previous recalls in 2021 and 2022 for leaking brake fluid. The lawsuit, filed in San Diego federal court, claims that Ferrari continued to sell cars with these defects, posing safety risks. Ferrari has emphasized its commitment to driver safety but has not directly addressed the lawsuit. RACE shares rose by 1.03% to $430.91.

Portfolio Pulse from Shivani Kumaresan

March 19, 2024 | 5:25 pm