Seeking catalyst driven opportunity
General Motors Co GM is reportedly discontinuing its Ultra Cruise system, a successor to its Super Cruise system, to refocus on the older generation of its driver assistance system. What’s The Scoop: GM has plans to halt its Ultra Cruise program, as per a report by CNBC. …
Magna International Inc MGA, a global automotive technology company, made waves with its 800V eDrive solution debut at CES 2024. With this disruptive entry, Magna aims to revolutionize the electric vehicle (EV) landscape, setting the stage for a monumental shift in the industry. Magna’s Groundbreaking …
Welcome to Benzinga’s latest recap of the most compelling developments in the world of psychedelics. Here’s a curated selection of news stories and research findings from the second week of January 2024. Advancements in Psychedelic Research Lykos Therapeutics (formerly MAPS PBC) shared groundbreaking research on …
Netflix Inc (Symbol: NFLX) Netflix Inc (NFLX) witnessed a substantial surge in options trading activity today. The total volume of 225,864 contracts traded represents approximately 22.6 million underlying shares. This figure accounts for 547.8% of NFLX’s average daily trading volume over the past month. Notably, …
Exploring Put and Call Options Options trading for Ford Motor Co. (Symbol: F) commenced for the March 1st expiration, garnering attention from investors. Stock Options Channel’s YieldBoost formula identified a put and call contract of interest. Put Option Analysis A put contract at the $11.50 …
Apple (NASDAQ: AAPL) and Alibaba (NYSE: BABA) are both often considered stable blue-chip plays for long-term investors. Apple’s iPhone dominates the premium smartphone market, and its other hardware devices and sticky software services continuously lock in its customers. Alibaba is China’s largest e-commerce and cloud …
Financial giants have made a conspicuous bearish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings CRWD revealed 28 unusual trades. Delving into the details, we found 42% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades …
BlackRock’s Strong Quarter As the fourth quarter earnings season kicks off, all eyes are on two financial investment giants: BlackRock (BLK) and Goldman Sachs (GS). The spotlight falls on BlackRock as it posted an impressive performance by surpassing its Q4 earnings expectations. With the bar …
Investors eyeing the financial sector have a chance to dive into undervalued stocks as oversold opportunities emerge. Utilizing the Relative Strength Index (RSI) as a momentum indicator, traders can gauge the potential performance of stocks in the short term. When a stock’s RSI falls below …
U.S. stocks traded higher this morning, following the release of PPI data on Friday. Following the market opening Friday, the Dow traded up 0.08% to 37,739.53 while the NASDAQ rose 0.49% to 15,042.81. The S&P 500 also rose, gaining, 0.40% to 4,799.13. Check This Out: …