Category: Markets
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Jim Cramer: This Industrial Stock Is ‘Super Strong Buy, A Lifetime Super Strong Buy’
in MarketsOn CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Waste Management, Inc. (NYSE:WM), adding that it’s a “super strong buy, a lifetime super strong buy.” Supporting his view, CIBC analyst Kevin Chiang raised the price target on the stock from $227 to $247 on March 5. On Jan. 29, the company reported better-than-expected fourth-quarter…
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Warren Buffett Dumped Nearly 70% Of Apple Shares, But Its Price-To-Sales Ratio Remains Elevated At 8.2x, Warns This Market Analyst
in MarketsApple Inc. (NASDAQ:AAPL) continues to trade at elevated valuation levels despite Warren Buffett‘s Berkshire Hathaway Inc. significantly reducing its stake in the iPhone maker, according to a prominent market analyst. What Happened: Lawrence McDonald, founder of Bear Traps Report, highlighted concerns about Apple’s current price-to-sales ratio in a post on X on Sunday. “Think about…
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Why General Motors Stock Is Gaining Today
in MarketsGeneral Motors (NYSE:GM) announced a 3 cent per share increase in its quarterly dividend and a new $6 billion share repurchase authorization. The dividend boost, which raises the quarterly payout from 12 cents to 15 cents per share, will take effect with the company’s next planned dividend, expected to be declared in April 2025. Additionally,…
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Smart Money Is Betting Big In AMD Options
in MarketsInvestors with a lot of money to spend have taken a bearish stance on Advanced Micro Devices (NASDAQ:AMD). 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…
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Taiwan Semiconductor Options Trading: A Deep Dive into Market Sentiment
in MarketsInvestors with a lot of money to spend have taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). 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…
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A Closer Look at NVIDIA’s Options Market Dynamics
in MarketsFinancial giants have made a conspicuous bullish move on NVIDIA. Our analysis of options history for NVIDIA (NASDAQ:NVDA) revealed 104 unusual trades. Delving into the details, we found 50% of traders were bullish, while 43% showed bearish tendencies. Out of all the trades we spotted, 27 were puts, with a value of $1,241,934, and 77…
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Microsoft Unusual Options Activity For January 28
in MarketsInvestors with a lot of money to spend have taken a bullish stance on Microsoft (NASDAQ:MSFT). 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…
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Nvidia Down 3%, AMD Falls 2% After White House Imposes New AI Chip Export Restrictions
in MarketsThe White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). What Happened: Following the announcement, Nvidia’s shares experienced a 3% drop, while AMD’s stock saw a 2% dip in premarket trade, according to data from Benzinga Pro. The…
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Bill Ackman Loaded Up On Nike, Now This Analyst Says Stock Expected To Shoot Up 32% By 2027 Thanks To These Factors
in MarketsDespite facing near-term headwinds, Nike Inc.’s (NYSE:NKE) turnaround strategy with the new CEO at the helm can propel the stock by 32% to $97 per share, said an analyst as veteran hedge fund manager Bill Ackman loads up on the shares. What Happened: Daan Rjinberk, a senior officer of trade services at Rabobank in his…
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GameStop Shares Are Rising In Thursday Premarket As Roaring Kitty Returns With Viral Post
in MarketsIn a surprising turn of events, GameStop Corp (NYSE:GME) shares saw a pre-market increase of 2.36% on Thursday, as per Benzinga Pro. This uptick followed a social media post by Keith Gill, also known as “Roaring Kitty” who was instrumental in the 2021 GameStop stock surge. What Happened: Gill’s recent post included a GIF of Dave Chappelle impersonating Rick James,…