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Why Arconic Shares Are Trading Higher By 26%; Here Are 20 Stocks Moving Premarket
Thursday, May 4, 2023 - 7:30am | 708Gainers Almaden Minerals Ltd. (NYSE: AAU) gained 72.3% to $0.2111 in pre-market trading after gaining 2% on Wednesday. Altamira Therapeutics Ltd. (NASDAQ: CYTO) gained 71.9% to $1.47 in pre-market trading after gaining 4% on Wednesday. Ambow Education Holding Ltd. (NYSE: AMBO) shares climbed 59.2...
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First Republic Folds Amid Banking Crisis, Elon Musk Expects Starship To Make Orbit On Next Launch, DOJ Probes Mastercard Over Anti-Competitive Debit-Card Practices: Today's Top Stories
Monday, May 1, 2023 - 8:58am | 2010Benzinga First Republic Folds As Banking Crisis Claims Third Victim: JPMorgan To Buy Deposits, Assets The First Republic Bank (NYSE: FRC) saga is winding to a close, with the Federal Deposit Insurance Corporation confirming the shuttering of the bank and the sale of its assets to...
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US Navy Gives Lockheed Martin's Wallet A Lift With $7.8B F-35 Contract Modification
Monday, May 1, 2023 - 8:14am | 323Lockheed Martin Corp (NYSE: LMT) has secured a ~$7.8 billion contract modification from the U.S. Navy. The modification exercises options for the production and delivery of 126 Lot 17 F-35 aircraft to include 81 F-35A aircraft, 26 F-35B aircraft and 19 F-35C. It also exercises...
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Lennox International, Meta Platforms, Hasbro And Other Big Stocks Moving Higher On Thursday
Thursday, April 27, 2023 - 9:43am | 739U.S. stocks traded higher, with the Dow Jones gaining over 200 points on Thursday. Here are some big stocks recording gains in today’s session. Helen of Troy Limited (NASDAQ: HELE) shares rose 19.1% to $97.39 after the company announced better-than-expected Q4 results. Bel Fuse Inc. (NASDAQ...
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Microsoft To Rally Over 13%? Here Are 10 Other Analyst Forecasts For Monday
Monday, April 24, 2023 - 7:50am | 522Deutsche Bank cut the price target for Autoliv, Inc. (NYSE: ALV) from $113 to $110. Deutsche Bank analyst Emmanuel Rosner maintained a Buy rating. Autoliv shares fell 0.9% to $86.32 in pre-market trading. Wedbush raised the price target for CarMax, Inc. (NYSE: KMX) from $55 to $70. Wedbush...
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Amazon, Goldman Sachs And These 2 Stocks Insiders Are Selling
Monday, April 24, 2023 - 7:15am | 696The Nasdaq Composite closed slightly higher on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go...
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Lockheed Martin's 'Space Growth' Sets Foundation For 2023 Upside, Credit Suisse Says
Wednesday, April 19, 2023 - 11:52am | 286Credit Suisse analyst reiterated an Outperform rating on the shares of Lockheed Martin Corp (NYSE: LMT) and raised the price target from $510 to $550. The company reported Q1 results above Street view across all major line items, including sales, EBIT, EPS, and free cash...
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Apple To Rally 15%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, April 19, 2023 - 8:14am | 540Morgan Stanley raised the price target for Align Technology, Inc. (NASDAQ: ALGN) from $314 to $383. Morgan Stanley analyst Erin Wright maintained an Overweight rating. Align Technology shares fell 0.9% to $345.00 in pre-market trading. Goldman Sachs cut the price target for The Mosaic Company (...
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Elon Musk Says US Intel Agencies Had Access To Twitter DMs, Alibaba's Ant IPO Might Actually See Light, Airbus Pushes Some 2024 Deliveries: Today's Top Stories
Tuesday, April 18, 2023 - 8:30am | 1929Benzinga Elon Musk Drops Bombshell: US Intel Agencies Were Reading Your Twitter DMs Elon Musk has alleged that the previous management of Twitter permitted U.S. and foreign intelligence agencies to access users’ direct messages on the platform. In an interview with Fox News...
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Lockheed Martin Exceeds Q1 Performance Expectations, Reaffirms FY23 Outlook
Tuesday, April 18, 2023 - 7:56am | 313Lockheed Martin Corp (NYSE: LMT) reported a first-quarter FY23 net sales growth of 1.1% year-over-year to $15.13 billion, above the consensus of $15.04 billion. Adjusted EPS of $6.43 topped the consensus of $6.06. The gross margin expanded 77 bps to 13.5%. The operating profit...
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This Week: Low IV Trading And Earnings From Netflix, Tesla, Goldman, IBM And More
Monday, April 17, 2023 - 1:33pm | 1676Market View Last Week – Closing with a VIX Level we haven't seen in years SPY (NYSEARCA: SPY) finished higher by about 0.8% last week, another fairly quiet move inside what options were pricing (+/- 1.6%). The VIX was lower on the week and it's closing low Friday...
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Southwest Airlines To Face The Heat Of Boeing's 737 MAX Manufacturing Fault: Report
Friday, April 14, 2023 - 11:13am | 321Southwest Airlines Co (NYSE: LUV) expects delays in its 2023 plane deliveries due to Boeing Co's (NYSE: BA) 737 MAX manufacturing problem. "We are in discussions with Boeing to understand what that impact will be in 2023 and beyond," said the company, as reported by...
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Big Bank's Big Q1 Performance, Florida Gov. Quietly Slips 6-Week Abortion Ban Into Law, Subway Sandwich Seeks $10B Sale: Today's Top Stories
Friday, April 14, 2023 - 9:01am | 2121Benzinga DeSantis Quietly Slips 6-Week Abortion Ban Into Law Despite Florida Residents Opposing It: 'We're Proud To Support Life' Florida Governor Ron DeSantis quietly signed legislation prohibiting abortions after the first six weeks of pregnancy within the state on Thursday...
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WeightWatchers Latest Strategic Acquisition: Simplify Insurance Reimbursement For Costly Weight-Loss Drugs
Friday, April 14, 2023 - 8:28am | 630WW International, Inc (NASDAQ: WW) or WeightWatchers snapped telemedicine company Sequence in March after scanning through 30 different startups that prescribe obesity medications, CEO Sima Sistani said. Sistani credited Sequence for building a superior tech stack in Thursday...
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Nasdaq Rises 2%; Consolidated Communications Shares Spike Higher
Thursday, April 13, 2023 - 2:39pm | 952U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 300 points on Thursday. The Dow traded up 1.09% to 34,013.93 while the NASDAQ rose 2% to 12,167. The S&P 500, also rose, gaining, 1.30% to 4,145.27. Check This Out: $4M Bet On Jasper Therapeutics? Check...