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FBGL

FBS Global Limited is set to IPO on NASDAQ under the ticker FBGL on September 26, with shares priced between $4.50 and $5.00. The company specializes in green building and interior fit-out projects.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:00 pm

BAC

Bank of America's CFO, Alastair Borthwick, discussed the company's approach to interest rate planning, indicating that they use forward rates for planning. The current research view at Bank of America suggests that interest rates may stabilize between 2.75% and 3%, which would represent a return to a more normal rate structure in the U.S.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:53 pm

MFG

MUFG

SMFG

Shares of US-listed Japanese banks are trading lower due to flat BoJ Core CPI data. BoJ Governor Kazuo Ueda indicated potential rate hikes if inflation targets are met.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:51 pm

CLDX

Celldex Therapeutics presented positive 52-week results from its Phase 2 study of barzolvolimab for chronic spontaneous urticaria, showing 71% of patients achieved complete response. The treatment demonstrated rapid and durable improvement, was well tolerated, and is moving to Phase 3 trials.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:47 pm

OCTO

Eightco Holdings Inc. (NASDAQ:OCTO) shares surged after the company announced significant financial improvements in 2024, including eliminating $5.4 million in convertible notes and increasing shareholder equity by $23 million. The company also canceled 5.8 million dilutive shares and improved its gross profit margin to 22%. Eightco plans to seek non-dilutive senior debt financing and aims for $100 million in revenues and positive EBITDA in 2025.

Portfolio Pulse from Lekha Gupta

September 25, 2024 | 2:47 pm

TSLA

Large investors are showing interest in Tesla (NASDAQ:TSLA) with a mix of bullish and bearish options trades. Benzinga's options scanner detected 273 unusual trades, with a significant amount of money involved. The sentiment is split, with 47% bullish and 42% bearish. The trading activity suggests a focus on a price range between $10.0 and $400.0. Tesla's stock is currently trading at $254.82, up by 0.22%, but RSI indicates it may be overbought.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:46 pm

INTC

Recent options trading trends for Intel (NASDAQ:INTC) show a bullish sentiment among large investors, with 61% of trades being bullish. The trading activity suggests a price range of $13.0 to $36.0 for Intel in the coming months. Intel's stock price has increased by 4.53% to $23.84, with a high trading volume and potential overbought RSI indicators.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:46 pm

ORCL

Unusual options activity has been detected for Oracle (NYSE:ORCL), with significant investors showing a bullish sentiment. The options activity includes 11 extraordinary trades, with 9 calls and 2 puts, suggesting a potential price target between $120 and $210. Oracle's stock is currently trading at $167.96, up by 1.3%.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:46 pm

NNDM

The trading halt status was updated at 10:45:00 AM ET, indicating a resumption of quotations. This update is relevant for investors tracking the affected stocks.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:45 pm

GNS

PNST

SFIX

TH

VEEE

Several consumer discretionary stocks experienced significant price movements during Wednesday's intraday session. Notable gainers included Genius Gr, Pinstripes Holdings, and Twin Vee PowerCats, while Stitch Fix and Target Hospitality were among the major losers.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:42 pm