Timber Pharmaceuticals Inc Ordinary Shares Stock (OTC: TMBRQ)

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Timber Pharmaceuticals Inc Ordinary Shares

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NVIDIA shares are trading lower after New Street Research downgraded the stock from Buy to Neutral.

U.S. stocks were mixed, with the Dow Jones index falling around 90 points on Friday.
Shares of Macy&#8217;s, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) rose <a href="https://www.benzinga.com/markets/equities/24/07/39645354/whats-going-on-with-department-store-major-macys-shares-on-friday">sharply during Friday's session</a>.
An investor group aiming to purchase Macy's has reportedly increased its bid for the second time after previous offers failed. Arkhouse Management and Brigade Capital Management recently raised their proposal by approximately $300 million, reported The Wall Street Journal.
Macy&#8217;s shares jumped 10.4% to $19.79 on Friday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Koss Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOSS#NASDAQ">KOSS</a>) shares gained 41.7% to $15.07, possibly on continued retail investor interest.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) gained 17.7% to $27.85.</li>
<li>Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) shares rose 12.6% to $3.9750.</li>
<li>Mesoblast Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESO#NASDAQ">MESO</a>) gained 11.6% to $7.60.</li>
<li>Eos Energy Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>) gained 10.1% to $1.9495. Eos Energy recently expanded a project with Indian Energy and the California Energy Commission.</li>
<li>Fitell Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) gained 8.9% to $31.98.</li>
<li>DigiAsia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAAS#NASDAQ">FAAS</a>) rose 8.9% to $5.95.</li>
<li>Insmed Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSM#NASDAQ">INSM</a>) climbed 8.3% to $67.26. Insmed reported inducement grants under NASDAQ Listing Rule 5635(c)(4).</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) gained 7.6% to $3.77. Oppenheimer analyst Ian Zaffino maintained Hertz Global with a Perform rating.</li>
<li>Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) shares rose 7.4% to $180.54.</li>
<li>Smith &amp; Nephew plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNN#NYSE">SNN</a>) gained 7.2% to $26.93 after a Form6 filing showed Cevian Capital II GP Limited reported a 5.021046% stake in the company.</li>
<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) rose 5.8% to $4.45. Archer Aviation 10% owner SFS UK 1 LTD. acquired a total of 17,401,153 shares at an average price of $3.16.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) gained 4.4% to $90.79. AppLovin is expected to report financial results for the second quarter on Wednesday, Aug. 7.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/24/07/39646004/wall-streets-most-accurate-analysts-spotlight-on-3-real-estate-stocks-delivering-high-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields</a>

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Intraday Update

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Movers

Trading Ideas

ACHR

EOSE

FAAS

FTEL

INSM

KOSS

MESO

SIRI

Macy's, Koss And Other Big Stocks Moving Higher On Friday

Koss Shares Halted To The Downside; Stock Now Up 27.19%

Investors with a lot of money to spend have taken a bullish stance on Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with INTC, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 23 uncommon options trades for Intel.
This isn't normal.
The overall sentiment of these big-money traders is split between 60% bullish and 34%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $105,882, and 21 are calls, for a total amount of $2,205,910.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $36.0 for Intel, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Intel's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Intel's whale trades within a strike price range from $20.0 to $36.0 in the last 30 days. 
<h3>Intel Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720189076_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$13.25</td>
<td>$12.7</td>
<td>$12.95</td>
<td>$20.00</td>
<td>$647.5K</td>
<td>5.9K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$14.15</td>
<td>$13.0</td>
<td>$13.1</td>
<td>$20.00</td>
<td>$262.0K</td>
<td>2.9K</td>
<td style="text-align: right;">340</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$13.15</td>
<td>$12.55</td>
<td>$13.05</td>
<td>$20.00</td>
<td>$261.0K</td>
<td>5.9K</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$13.3</td>
<td>$12.9</td>
<td>$13.17</td>
<td>$20.00</td>
<td>$184.3K</td>
<td>2.9K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$0.61</td>
<td>$0.59</td>
<td>$0.59</td>
<td>$34.00</td>
<td>$111.6K</td>
<td>1.6K</td>
<td style="text-align: right;">275</td>
</tr>
</tbody>
</table>

<h3>About Intel</h3>
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
Having examined the options trading patterns of Intel, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Intel's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 4,610,734, the INTC's price is up by 0.85%, now at $31.5. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 20 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Intel options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

INTC

Intel Options Trading: A Deep Dive into Market Sentiment

Investors with a lot of money to spend have taken a bullish stance on Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BAC, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for Bank of America.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 40%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $248,560, and 3 are calls, for a total amount of $110,480.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $32.0 to $55.0 for Bank of America over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Bank of America's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Bank of America's whale activity within a strike price range from $32.0 to $55.0 in the last 30 days. 
<h3>Bank of America Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720189071_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$11.15</td>
<td>$11.0</td>
<td>$11.15</td>
<td>$32.00</td>
<td>$55.7K</td>
<td>4.9K</td>
<td>0</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.3</td>
<td>$2.28</td>
<td>$2.28</td>
<td>$40.00</td>
<td>$43.3K</td>
<td>3.8K</td>
<td>5</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.21</td>
<td>$0.2</td>
<td>$0.21</td>
<td>$35.00</td>
<td>$40.7K</td>
<td>42.1K</td>
<td>0</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.22</td>
<td>$0.21</td>
<td>$0.21</td>
<td>$35.00</td>
<td>$38.3K</td>
<td>42.1K</td>
<td>6.5K</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.55</td>
<td>$14.45</td>
<td>$14.45</td>
<td>$55.00</td>
<td>$36.0K</td>
<td>25</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Bank of America</h3>
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
In light of the recent options history for Bank of America, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Bank of America</h3>
<ul>
<li>Currently trading with a volume of 2,103,178, the BAC's price is down by -0.94%, now at $40.52. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 11 days.</li>
</ul>
<h3>What Analysts Are Saying About Bank of America</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $44.5.
<ul>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Bank of America with a target price of $43. </li>
<li>Maintaining their stance, an analyst from Jefferies continues to hold a Hold rating for Bank of America, targeting a price of $41. </li>
<li>Showing optimism, an analyst from Seaport Global upgrades its rating to Buy with a revised price target of $48. </li>
<li>An analyst from Keefe, Bruyette &amp; Woods has elevated its stance to Outperform, setting a new price target at $46. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Bank of America, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Bank of America's Options Frenzy: What You Need to Know

High-rolling investors have positioned themselves bullish on Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in COST often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Costco Wholesale. This is not a typical pattern.
The sentiment among these major traders is split, with 50% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $39,100, and 7 calls, totaling $255,519.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $765.0 to $870.0 for Costco Wholesale during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Costco Wholesale's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Costco Wholesale's substantial trades, within a strike price spectrum from $765.0 to $870.0 over the preceding 30 days.
<h3>Costco Wholesale 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720189066_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$55.6</td>
<td>$53.25</td>
<td>$54.44</td>
<td>$825.00</td>
<td>$48.9K</td>
<td>51</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$47.35</td>
<td>$45.6</td>
<td>$46.47</td>
<td>$835.00</td>
<td>$41.8K</td>
<td>184</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>COST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$20.85</td>
<td>$19.55</td>
<td>$19.55</td>
<td>$865.00</td>
<td>$39.1K</td>
<td>130</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/12/24</td>
<td>$7.5</td>
<td>$7.25</td>
<td>$7.5</td>
<td>$870.00</td>
<td>$37.5K</td>
<td>412</td>
<td style="text-align: right;">76</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$71.2</td>
<td>$70.0</td>
<td>$70.0</td>
<td>$800.00</td>
<td>$35.0K</td>
<td>1.2K</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Costco Wholesale</h3>
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Having examined the options trading patterns of Costco Wholesale, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Costco Wholesale</h3>
<ul>
<li>Trading volume stands at 169,858, with COST's price up by 0.88%, positioned at $870.25.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 81 days.</li>
</ul>
<h3>Professional Analyst Ratings for Costco Wholesale</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $924.0.
<ul>
<li>Maintaining their stance, an analyst from Tigress Financial continues to hold a Buy rating for Costco Wholesale, targeting a price of $975. </li>
<li>An analyst from Oppenheimer has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $905. </li>
<li>An analyst from Stifel persists with their Buy rating on Costco Wholesale, maintaining a target price of $900. </li>
<li>Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Costco Wholesale with a target price of $900. </li>
<li>Maintaining their stance, an analyst from Loop Capital continues to hold a Buy rating for Costco Wholesale, targeting a price of $940. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

COST

Looking At Costco Wholesale's Recent Unusual Options Activity

BHP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>) announced a 20% reduction in employee incentives after failing to meet its performance goals for the fiscal year. 
What Happened: The world's largest miner was hit with a $2.5 billion impairment charge on its nickel business in Western Australia and additional costs related to the Samarco <a href="https://www.benzinga.com/markets/commodities/24/04/38505226/bhp-in-25b-settlement-5e-advanced-materials-begins-boric-acid-production-goldmining-reduces-c">dam disaster in Brazil</a>.
The docking of incentives upset some BHP employees, who contacted the <a href="https://www.afr.com/companies/mining/bhp-misses-internal-targets-docks-incentives-across-global-workforce-20240704-p5jr7s">Australian Financial Review</a>.
See Also: <a href="https://www.benzinga.com/m-a/24/07/39623378/anglo-americans-coal-asset-sale-faces-hurdle-after-fire-at-major-mine">Anglo American&#8217;s Coal Asset Sale Faces Hurdle After Fire At Major Mine</a>
This is not the first time BHP has reduced employee incentives. In 2019, the company cut incentives by 20% following a train derailment in Western Australia and a fatality at the Saraji coal mine in Queensland. 
These incidents and equipment failures at other sites significantly reduced then-CEO Andrew Mackenzie&#8216;s annual pay. Last year, CEO Mike Henry pledged to prioritize safety measures after yet more worker deaths.
Why It Matters: The company reported a significant first-half profit hit. To cut costs, the company disbanded certain global corporate teams and froze hiring across various divisions, further exacerbating internal challenges. 
BHP also fell short of its goal for year-on-year growth in female employees, hindering its progress towards achieving gender balance by 2025.
Australian labor policies such as the &#8220;same job, same pay&#8221; mandate add another layer of complexity to BHP's situation. With 32,350 of its 49,000 global employees based in Australia, these policies significantly influence the company's labor costs and operational flexibility. The requirement to pay labor-hire workers the same as permanent employees could further strain BHP's financials.
Adding to the company&#8217;s challenges, the Western Mine Workers Alliance (WMWA) is pressuring BHP to offer more flexible working arrangements to over 1,100 workers. The WMWA, a coalition of the Mining and Energy Union and the Australian Workers Union, has advocated for more balanced rosters at BHP&#8217;s operations in Western Australia.
"Rosters have been an issue for many members at Area C for some time, and WMWA welcomes BHP's decision to try and address one of our members' bargaining claims before formal negotiations even start," the WMWA stated, <a href="https://thenightly.com.au/business/mining/western-mine-workers-alliance-claims-roster-win-at-bhp-iron-ore-hub-ahead-of-enterprise-negotiations-c-15255027">per</a> The Nightly's report.
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39597862/liontown-resources-lg-energy-solution-forge-250m-partnership-to-secure-lithium-supply">Liontown Resources, LG Energy Solution Forge $250M Partnership To Secure Lithium Supply</a></li>
</ul>
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com">licensing@benzinga.com</a> to get started!
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Large Cap

Commodities

BHP Cuts Employee Incentives, Misses Performance Goals

The cryptocurrency market has <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39624017/bitcoin-faces-potential-retest-of-40-000-influential-crypto-vc-warns">experienced a significant downturn</a>.
What Happened: Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and other digital assets plummeted as investors shifted focus toward the impending payout to users of the defunct Mt. Gox exchange.
As of 6:00 a.m. EST, Bitcoin&#8217;s price had fallen nearly 6% in the past 24 hours to $54,500.53. This marks its first dip below the $55,000 level since Feb. 27, according to data from CoinGecko.
Meanwhile, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) saw an even sharper decline, dropping around 9% to $2,872.10. 
Overall, the entire cryptocurrency market has lost more than $170 billion in combined market capitalization within the last 24 hours.
Despite the widespread sell-off, the options market remains notably optimistic, according to a report from QCP Asia dated July 4. 
The report highlighted that Bitcoin miners are showing signs of capitulation, which historically has been associated with a bottoming of prices. 
The last comparable hash rate drawdown occurred in 2022 when Bitcoin traded down to $17,000. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39621902/bitcoin-will-plummet-to-50k-if-this-key-support-breaks-10x-research">Bitcoin Will Plummet To $50K If This Key Support Breaks: 10x Research</a>
Why It Matters: This capitulation could suggest a potential stabilization in prices once the current sell-off subsides.
QCP Asia pointed out that, despite the negative sentiment in the broader market, there continues to be significant interest in Ethereum call options for September and December expiries.
This skew towards Ethereum calls indicates that investors are betting on a potential rebound in Ethereum prices later this year.
Several factors could contribute to breaking the current downtrend in cryptocurrency prices. 
One potential catalyst is the presence of liquidation clusters on both Bitcoin and Ethereum, which are heavily skewed to the topside.
This opens up the possibility of short squeezes, where a rapid price increase forces short sellers to buy back their positions, further driving prices up.
Another potential trigger for a market turnaround is the upcoming approval of S-1 Forms for cryptocurrency-related financial products. 
Such an approval could result in a significant bounce in Ethereum prices, providing a much-needed boost to the market.
The recent downturn has been exacerbated by the upcoming Mt. Gox repayment. 
The rehabilitation trustee plans to distribute nearly $9 billion worth of Bitcoin to the exchange&#8217;s creditors between July 1 and Oct. 31.
This large-scale distribution has created a shift in supply and demand dynamics, contributing to the current market volatility.
These trends and their implications for the cryptocurrency market will be key topics of discussion at Benzinga&#8217;s <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39620095/mike-novogratz-were-going-to-get-positive-crypto-legislation-no-matter-who-wins">Mike Novogratz: &#8216;We&#8217;re Going To Get Positive Crypto Legislation No Matter Who Wins&#8217;</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

Crypto Market Faces Pressure, Yet Options Traders Remain Optimistic

Guidance

Ohmyhome Expects Improved Gross Margin For Brokerage Due To Brand Awareness And HomerAI Launch; Brokerage GTV Up 53% Y-o-Y, Renovation Segment Up 194%, Property Management Projects Up 29%; Anticipated Revenue Growth Over 110% For H1 2024

Discover Walmart&#39;s key insights and observations from the Bank of America London Conference presentation:
<ul>
<li>Walmart Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>) participated in the Bank of America London Investor Conference on June 25, 2024.</li>
<li>John David Rainey, CFO of Walmart, and representatives from Investor Relations, Steph Wissink and Kary Brunner, were present.</li>
<li>Walmart has transformed into an omnichannel leader globally over the past 4-5 years.</li>
</ul>
Consumer Behavior and Segment Performance:
<ul>
<li>Consumers are being selective, shifting from general merchandise to food due to stretched wallets.</li>
<li>General merchandise is deflationary, consumables roughly flat, and food prices up modestly.</li>
<li>Revenue growth driven by units versus price, with a focus on value and convenience.</li>
<li>eCommerce offering expanded, with 420 million SKUs on the marketplace, strong growth in pets, beauty, sporting goods, and kids apparel.</li>
<li>Higher-income consumers ($100,000+) are increasingly shopping at Walmart, driven by convenience and value.</li>
</ul>
Merchandising Strategy:
<ul>
<li>Emphasis on convenience and eCommerce, with delivery surpassing curbside pickup.</li>
<li>Marketplace strategy includes third-party sellers, contributing to category growth.</li>
</ul>
Economic Outlook and Performance:
<ul>
<li>Walmart is positioned to benefit in both recessionary and expansionary economies due to its value and convenience offerings.</li>
<li>Private label strategy includes a mix of national and private brands, with an increase in private label sales.</li>
<li>Private brands, like Bettergoods, offer trendy, health-conscious options at competitive prices.</li>
</ul>
Competitive Environment:
<ul>
<li>Competitive environment is rational, with less price pressure than the previous year.</li>
<li>Walmart focuses on everyday low prices (EDLP) and monitors price gaps.</li>
<li>General merchandise has shifted towards food, impacting margins, but marketplace growth is a focus area.</li>
<li>Rollbacks are primarily vendor-funded, with a 45% year-over-year increase.</li>
</ul>
Investments and Profitability:
<ul>
<li>Remodeling program aims for 650 stores in 2024, with a focus on improving customer experience and eCommerce sales.</li>
<li>eCommerce profitability includes digital advertising and other services, with a goal for standalone profitability.</li>
<li>Global advertising business grew around 20%, with the ability to attribute ads to both digital and physical sales.</li>
<li>Supply chain automation expected to improve fulfillment costs by about 20%.</li>
</ul>
Walmart Fulfillment Services:
<ul>
<li>Walmart Fulfillment Services allows third-party sellers to utilize Walmart&#39;s fulfillment centers, with 40% participation.</li>
<li>Perfect order score improvement is a focus to enhance customer satisfaction.</li>
</ul>
AI and Technology:
<ul>
<li>AI is used to improve customer search results, optimize supply chain automation, and reduce overhead costs.</li>
</ul>
Sam&#39;s Club Performance:
<ul>
<li>Sam&#39;s Club has seen double-digit comps, with digital engagement being a key factor.</li>
<li>Scan &amp; Go technology has an NPS score of 90, indicating high customer satisfaction.</li>
</ul>
International Opportunities:
<ul>
<li>China and India are highlighted as significant growth opportunities, with China being 50-50 digital and brick-and-mortar.</li>
<li>PhonePe in India is experiencing substantial growth in total payment volume.</li>
</ul>
Financial Services and Health Care:
<ul>
<li>Walmart is exploring digital financial services to serve underserved segments.</li>
<li>Walmart has exited the clinic space, focusing on health and wellness related to retail.</li>
</ul>
Walmart+ Membership:
<ul>
<li>Walmart+ offers benefits like free delivery and partnerships, contributing to operating income and customer engagement.</li>
</ul>
Capital Expenditure (CapEx) and Long-Range Plan:
<ul>
<li>CapEx is at a high level due to investments in supply chain automation and technology, with a focus on increasing ROI.</li>
<li>Long-range plan includes an average revenue growth of 4% and operating income growth between 4% and 8%.</li>
</ul>
Closing Remarks:
<ul>
<li>Walmart is committed to investing in associates, managing price cuts, and investing in technology.</li>
<li>The company aims to grow profits faster than sales, improving operating margins.</li>
</ul>
This article was created with assistance from Tornado&rsquo;s AI platform (ai.tornado.com).
For more information, visit <a href="https://tornado.com/?utm_source=benzinga&amp;utm_campaign=Bank_of_America_Conference_June_2024&amp;utm_content=WMT_A" style="text-decoration:none;">Tornado.com</a>&nbsp;
All views expressed in this article are the authors&#39; own and do not necessarily reflect the position of Nvstr Financial LLC dba Tornado (&ldquo;Tornado&rdquo;) or its affiliates. This communication is for discussion purposes only. Neither Tornado nor the authors endorse any linked content. Statements herein may not be representative of the typical experience of Tornado customers and are no guarantee of future performance or success. The contents of this article and of tornado.com are not investment advice or a recommendation of a securities transaction or investment strategy. Some Tornado content is prepared with assistance from generative AI technology. This is not an order, solicitation, or offer to buy or sell securities or business interests. Investing in stocks is inherently risky; using margin may increase these risks.
Tornado is a member firm of FINRA and SIPC. Further information can be found at tornado.com/about and on FINRA&rsquo;s BrokerCheck website.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

General

Walmart Presentation Highlights At Bank Of America London Conference: Key Insights And Observations

Shares of Sharps Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STSS#NASDAQ">STSS</a>) are trading higher on Friday, with a heavy session volume of 15.17 million.
On Wednesday, the medical device and pharmaceutical packaging company received two purchase orders for approximately 1 million SecureGard ultra-low waste smart safety syringes produced at Sharps&#8217; <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39622008/sharps-technology-receives-purchase-orders-for-1-million-securegard-syringes-for-2024-delivery" rel="noreferrer noopener">manufacturing facility in Hungary</a>.
The first 100k syringe shipment is scheduled for the third week of July, and subsequent deliveries will be made throughout the rest of 2024.
The undisclosed customer is a Swiss-based provider of cosmetic, dental, and ophthalmic injectable therapies.
The initial 1mL SecureGard syringe orders are a first step in a collaboration that can leverage Sharps&#8217; technology, portfolio of drug delivery solutions, and development expertise to support the customer&#8217;s <a target="_blank" href="https://www.benzinga.com/news/24/05/39087896/why-sharps-technology-stss-stock-is-skyrocketing" rel="noreferrer noopener">growing product offerings.</a>
The need for innovative injection solutions continues to grow rapidly as injectables are the first choice for therapies as diverse as vaccines, biologics, weight loss and maintenance, ophthalmic and cosmetic applications, gene therapies, and diabetes and inflammatory disease management.
As a result of this market growth and the impact of the tariffs, recalls, and quality issues with Chinese-supplied syringes, Sharps is seeing increasing interest and potential demand for its high-quality smart safety syringe products.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/03/37877619/fda-probe-on-china-made-syringes-becton-dickinson-boosts-us-syringe-output-following-concerns" rel="noreferrer noopener">FDA Probe On China-Made Syringes: Becton Dickinson Boosts US Syringe Output Following Concerns</a>.
Sharps Technology specializes in the development and manufacturing of drug delivery systems.
The company&#8217;s&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=ylZL886FN_5jh4lDy2zFCaoigFagseVLDTG3SBdjt-FHnVzMio7neqZ2PgAsXijTsM77Btps8fXDz1BebZNT0w==" rel="noreferrer noopener">SecureGard</a> and SoloGard product lines focus on low-waste and ultra-low-waste syringe technologies that incorporate active safety features and World Health Organization-accredited re-use prevention measures.
These features protect front-line healthcare workers from life-threatening needle stick injuries and protect the public from the dangers of needle re-use.
Sharps has a manufacturing facility in Hungary and is working to close on its recent asset acquisition in South Carolina to expand its manufacturing capacity in the U.S.
Price Action: STSS shares are up 8.76% at $0.2520 at last check Friday.
Photo via Shutterstock
Read Next
<ul>
<li><a href="https://www.benzinga.com/pressreleases/24/07/g39622008/sharps-technology-receives-purchase-orders-for-1-million-securegard-syringes-for-2024-delivery" target="_blank" rel="noreferrer noopener">Largest Consumer Bank Chase Hints Increased Cost To Consumers For Everyday Banking Services</a>.</li>
</ul>

Equities

Health Care

Contracts

STSS

What's Going On With Nano-Cap Medical Device-Focused Sharps Technology On Friday?

Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) experienced a significant price drop as Bitcoin declined in anticipation of the Mt. Gox repayments. This period also saw a spike in whale movements and liquidations.
What Happened: The cryptocurrency markets witnessed a drastic drop on Friday, with leading altcoins and meme coins like Dogcoin plunging. 
Whale Alert <a href="https://x.com/whale_alert/status/1809044752068640894">data</a> indicated that around 400 million DOGE, worth $41.08 million, was transferred from an unknown wallet to the crypto exchange Binance. Meanwhile, another 50.3 million DOGE was transferred to an unknown wallet. The post received several interactions, with many indicating that a dump is incoming.
Dogecoin co-founder Billy Markus aka Shibetoshi Nakamoto <a href="https://x.com/BillyM2k/status/1808594537461559467?ref_src=twsrc%5Etfw">reacted</a> to Bitcoin's significant drop, stating, "Bitcoin represents freedom. Freedom that slowly erodes when the price goes down."
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /><figcaption class="wp-element-caption">Benzinga Future of Digital Assets conference.</figcaption></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39580445/dogecoin-is-something-to-keep-an-eye-on-for-the-first-time-in-months-says-trader">Dogecoin Is &#8216;Something To Keep An Eye On&#8217; For The First Time In Months, Says Trader</a>
Why It Matters: Crypto analyst Trader Tardigrade predicted a huge rebound for the meme coin. In technical analysis, Wyckoff Accumulation is used by traders to identify potential buying opportunities before a significant price increase. By recognizing the accumulation phase, traders aim to enter positions at lower prices, anticipating the subsequent markup phase.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> has been playing Wyckoff Accumulation &#x1f525; &quot;Spring&quot; is here right now. Next will be a Huge Rebound &#x1f680; Are you ready for your <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a>? <a href="https://t.co/2UGMUa5Mpl">pic.twitter.com/2UGMUa5Mpl</a>
&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1808866114262421726?ref_src=twsrc%5Etfw">July 4, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
IntoTheBlock data noted a drastic drop in the percentage of holders making profits at current levels, falling to 54% from the earlier 78-81%. Meanwhile, exchange net flows reported a plunge of 1,248.3%. On the other hand, transactions greater than $100,000 increased to 338 on July 4, up from 239 transactions on July 3.
Coinglass data revealed a spike in Dogecoin long liquidations, reaching $7.4 million on July 4, the highest since June 18. On July 5, long liquidations stood at $6 million. Short liquidations reached $1 million, the highest since June 25.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39555560/what-is-going-on-with-dogecoin-and-shiba-inu">What Is Going On With Dogecoin And Shiba Inu?</a></li>
</ul>
Photo: Shutterstock

$DOGE

Dogecoin Dumps As Whales Move 400 Million Coins: Trader Predicts 'Next Will Be A Huge Rebound'

Investors with a lot of money to spend have taken a bearish stance on Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Arista Networks.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 55%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $65,600, and 7 are calls, for a total amount of $696,800.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $290.0 and $390.0 for Arista Networks, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Arista Networks's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale activity within a strike price range from $290.0 to $390.0 in the last 30 days. 
<h3>Arista Networks 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720188288_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$56.0</td>
<td>$53.2</td>
<td>$54.0</td>
<td>$320.00</td>
<td>$486.0K</td>
<td style="text-align: right;">351</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$89.6</td>
<td>$86.6</td>
<td>$88.1</td>
<td>$360.00</td>
<td>$44.0K</td>
<td style="text-align: right;">72</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$86.5</td>
<td>$85.0</td>
<td>$85.0</td>
<td>$330.00</td>
<td>$42.5K</td>
<td style="text-align: right;">104</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$86.4</td>
<td>$84.0</td>
<td>$84.0</td>
<td>$330.00</td>
<td>$42.0K</td>
<td style="text-align: right;">104</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ANET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$39.1</td>
<td>$38.6</td>
<td>$38.6</td>
<td>$370.00</td>
<td>$38.6K</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Arista Networks</h3>
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
Having examined the options trading patterns of Arista Networks, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Arista Networks</h3>
<ul>
<li>With a trading volume of 131,796, the price of ANET is down by -0.62%, reaching $363.17.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 25 days from now.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Arista Networks with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

ANET

What the Options Market Tells Us About Arista Networks

Investors with a lot of money to spend have taken a bearish stance on Futu Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with FUTU, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 39 options trades for Futu Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 61%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $53,650, and 38, calls, for a total amount of $11,691,318.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $85.0 for Futu Hldgs, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Futu Hldgs's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Futu Hldgs's substantial trades, within a strike price spectrum from $60.0 to $85.0 over the preceding 30 days.
<h3>Futu Hldgs Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720188283_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$22.4</td>
<td>$19.3</td>
<td>$22.4</td>
<td>$60.00</td>
<td>$1.1M</td>
<td>4.0K</td>
<td>0</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$24.4</td>
<td>$23.25</td>
<td>$23.25</td>
<td>$60.00</td>
<td>$818.4K</td>
<td>4.0K</td>
<td>5.0K</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$23.25</td>
<td>$21.45</td>
<td>$23.25</td>
<td>$60.00</td>
<td>$718.4K</td>
<td>4.0K</td>
<td>5.5K</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$24.0</td>
<td>$22.75</td>
<td>$22.75</td>
<td>$60.00</td>
<td>$714.3K</td>
<td>4.0K</td>
<td>3.0K</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$23.25</td>
<td>$20.5</td>
<td>$23.25</td>
<td>$60.00</td>
<td>$660.3K</td>
<td>4.0K</td>
<td>3.7K</td>
</tr>
</tbody>
</table>

<h3>About Futu Hldgs</h3>
Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.
After a thorough review of the options trading surrounding Futu Hldgs, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Futu Hldgs</h3>
<ul>
<li>Trading volume stands at 446,833, with FUTU's price down by -2.05%, positioned at $67.38.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 48 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Futu Hldgs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

FUTU

Futu Hldgs Options Trading: A Deep Dive into Market Sentiment

High-rolling investors have positioned themselves bullish on Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in AVGO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 20 options trades for Broadcom. This is not a typical pattern.
The sentiment among these major traders is split, with 45% bullish and 30% bearish. Among all the options we identified, there was one put, amounting to $31,521, and 19 calls, totaling $1,314,967.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $800.0 to $1850.0 for Broadcom over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Broadcom's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Broadcom's whale activity within a strike price range from $800.0 to $1850.0 in the last 30 days. 
<h3>Broadcom Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720188278_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$970.0</td>
<td>$965.0</td>
<td>$970.0</td>
<td>$800.00</td>
<td>$291.0K</td>
<td>73</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/05/24</td>
<td>$17.9</td>
<td>$15.0</td>
<td>$15.24</td>
<td>$1750.00</td>
<td>$233.3K</td>
<td>1.8K</td>
<td style="text-align: right;">178</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$101.3</td>
<td>$99.0</td>
<td>$101.3</td>
<td>$1740.00</td>
<td>$121.5K</td>
<td>164</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$971.1</td>
<td>$960.0</td>
<td>$969.69</td>
<td>$800.00</td>
<td>$96.9K</td>
<td>73</td>
<td style="text-align: right;">41</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$910.5</td>
<td>$896.8</td>
<td>$904.3</td>
<td>$850.00</td>
<td>$90.4K</td>
<td>0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Broadcom</h3>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
After a thorough review of the options trading surrounding Broadcom, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Broadcom Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 716,919, with AVGO's price down by -0.4%, positioned at $1722.37.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 55 days.</li>
</ul>
<h3>Expert Opinions on Broadcom</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1862.0.
<ul>
<li>Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Broadcom, targeting a price of $2000. </li>
<li>An analyst from Rosenblatt has decided to maintain their Buy rating on Broadcom, which currently sits at a price target of $1650. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Broadcom, which currently sits at a price target of $2010. </li>
<li>An analyst from B of A Securities downgraded its action to Buy with a price target of $2150. </li>
<li>In a cautious move, an analyst from Rosenblatt downgraded its rating to Buy, setting a price target of $1500. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Broadcom, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

AVGO

What the Options Market Tells Us About Broadcom

Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) has outperformed the market over the past 15 years by 4.83% on an annualized basis producing an average annual return of 17.68%. Currently, Dick's Sporting Goods has a market capitalization of $16.31 billion. 
Buying $100 In DKS: If an investor had bought $100 of DKS stock 15 years ago, it would be worth $1,198.66 today based on a price of $200.13 for DKS at the time of writing.
<h3>Dick's Sporting Goods's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720188035_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Dick's Sporting Goods 15 Years Ago Would Be Worth Today

Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 5 years by 10.45% on an annualized basis producing an average annual return of 23.63%. Currently, Arthur J. Gallagher has a market capitalization of $57.29 billion. 
Buying $1000 In AJG: If an investor had bought $1000 of AJG stock 5 years ago, it would be worth $2,901.18 today based on a price of $262.18 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720188030_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,900 Today

Ratings for Spirit Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $3.48, a high estimate of $4.00, and a low estimate of $3.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 18.31%. 
<img src="https://www.benzinga.com/files/images/story/2024/1720188018_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive Spirit Airlines is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Sell</td>
<td>$3.50</td>
<td>$3.85</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Negative</td>
<td>$3.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$3.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Michael Linenberg</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$3.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Sell</td>
<td>$3.85</td>
<td>$4.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$4.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Negative</td>
<td>$4.00</td>
<td>$5.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Spirit Airlines. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Spirit Airlines compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Spirit Airlines's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Spirit Airlines's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SAVE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Spirit Airlines analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Spirit Airlines's Background</h2>
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.
<h3>Spirit Airlines: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: Spirit Airlines's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -6.24%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Spirit Airlines's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -11.27%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Spirit Airlines's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -13.35% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Spirit Airlines's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -1.51%, the company showcases efficient use of assets and strong financial health.
Debt Management: Spirit Airlines's debt-to-equity ratio is below the industry average. With a ratio of 7.17, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

SAVE

Demystifying Spirit Airlines: Insights From 7 Analyst Reviews

Ratings for Henry Schein (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSIC#NASDAQ">HSIC</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $87.5, with a high estimate of $92.00 and a low estimate of $80.00. Holding firm without variation, the current average remains at the previous average price target. 
<img src="https://www.benzinga.com/files/images/story/2024/1720188009_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of Henry Schein's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Petusky</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$92.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Jason Bednar</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$86.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Michael Petusky</td>
<td>Barrington Research</td>
<td>Raises</td>
<td>Outperform</td>
<td>$92.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Kevin Caliendo</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$82.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Henry Schein. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Henry Schein compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Henry Schein's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Henry Schein's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/HSIC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Henry Schein analyst ratings.</a>
<h2>Unveiling the Story Behind Henry Schein</h2>
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology &amp; value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology &amp; other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.
<h3>Henry Schein's Economic Impact: An Analysis</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining Henry Schein's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.66% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Health Care sector.
Net Margin: Henry Schein's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 2.93%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.56%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Henry Schein's ROA stands out, surpassing industry averages. With an impressive ROA of 0.9%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.76.
<h2>Analyst Ratings: What Are They?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

HSIC

Breaking Down Henry Schein: 4 Analysts Share Their Views

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Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Jim Lebenthal of Cerity Partners named Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) as his final trade.
On July 1, DA Davidson analyst Gil Luria maintained Adobe with a Buy rating and increased the price target from $640 to $685.
Joseph M. Terranova of Virtus Investment Partners named QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>). &#8220;I think you can buy it here,&#8221; he said.
On June 19, Qualcomm agreed to pay $75 million to settle a lawsuit with its shareholders, marking a victory for investors where Apple and global <a href="https://www.benzinga.com/news/24/06/39401578/qualcomm-ends-75m-lawsuit-linked-to-apples-patent-licensing-claims">regulators previously failed</a>.
Price Action:
<ul>
<li>Apple shares gained 0.6% to close at $221.55 during Wednesday's session.</li>
<li>The Health Care Select Sector SPDR Fund fell 0.8% during Wednesday's session.</li>
<li>Adobe gained 0.4% to close at $570.15 during Wednesday's session.</li>
<li>QUALCOMM gained 1.8% to close at $203.81 on Wednesday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39617741/top-3-health-care-stocks-that-may-crash-this-quarter">Top 3 Health Care Stocks That May Crash This Quarter</a></li>
</ul>

Long Ideas

Media

AAPL

ADBE

QCOM

Apple, Adobe, Qualcomm And More: CNBC's 'Final Trades'

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