Latest News for Afry Stock (OTC:AFXXF)

Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develops solutions for public and private clients and can serve all regions of the world. The business divisions are Industrial & Digital Solutions, Infrastructure, Process Industries, Energy, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals. It also offers engineering, design, and advisory services across three main sectors: infrastructure, industry, and energy. It generates the majority of its revenue from the Infrastructure segment.

Afry AB

Morgan Stanley analyst Erin Wright maintains Align Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) with a Overweight and raises the price target from $344 to $360.

News

Price Target

Analyst Ratings

ALGN

Morgan Stanley Maintains Overweight on Align Tech, Raises Price Target to $360

Morgan Stanley analyst Brian Harbour maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Equal-Weight and raises the price target from $2986 to $3100.

Morgan Stanley Maintains Equal-Weight on Chipotle Mexican Grill, Raises Price Target to $3100

JP Morgan analyst Richard Shane maintains Synchrony Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) with a Neutral and raises the price target from $42 to $46.

JP Morgan Maintains Neutral on Synchrony Finl, Raises Price Target to $46

Stephens &amp; Co. analyst Scott Fidel reiterates Molina Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) with a Equal-Weight and maintains $390 price target.

Reiteration

Stephens & Co. Reiterates Equal-Weight on Molina Healthcare, Maintains $390 Price Target

Morgan Stanley analyst Keith Weiss maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Overweight and raises the price target from $814 to $830.

Morgan Stanley Maintains Overweight on ServiceNow, Raises Price Target to $830

<ul>
<li>Despite a strong first-quarter earnings report, Meta&#39;s stock value significantly declined.</li>
<li>$5-10 billion investment in AI technology for 2024.</li>
</ul>
Despite delivering a strong earnings report for the first quarter, Meta Platforms Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>) experienced a sharp decline in its stock value during after-hours trading, leading to a significant loss in market capitalization.
The company reported earnings of $4.71 per share, surpassing the $4.32 expectation. However, the announcement of an aggressive investment plan ranging between $5-10 billion in AI technology for 2024 sent shares tumbling by 14% at Thursday&#39;s market opening, erasing about $190 billion from Meta&#39;s market value.
This move aims to enhance Meta&#39;s advertising products and social media platforms with advanced AI, including improvements to ad-buying systems and the introduction of AI-driven features like chat assistants.
Meta&#39;s pivot towards AI signifies its ambition to improve user experiences and advertising outcomes, but it leaves the market pondering the implications of its future stock growth.
The stock has had a turbulent year. It hit new highs in April, jumping 50% for 2024. However, the recent announcement led to a big drop, with gains for the year now sitting at just 21%.
Yet, over the long term, Meta&#39;s shares show significant gains, rising an impressive 190% in 2023.
<img alt="2024-04-25_17-17-43.jpg" src="https://www.benzinga.com/files/u517520/2024-04-25_17-17-43.jpg" style="height:309px; width:624px" />
The&nbsp;question now is whether the $400 round number will hold as critical support should this decline continue. This level hovers just above the 2021 peak, setting another support level at $384. If Meta finds its footing here, it could hint at a possible comeback, potentially marking the resumption of its long-term bullish trend.
After the closing bell on Wednesday, April 24, the stock closed at $493.50, trading down by 0.46%.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Meta's Unexpected Stock Plunge Following A Strong Earnings Report And Bold AI Investment

Stephens &amp; Co. analyst John Campbell reiterates Stewart Information Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STC#NYSE">STC</a>) with a Overweight and maintains $79 price target.

Stephens & Co. Reiterates Overweight on Stewart Information Servs, Maintains $79 Price Target

Goldman Sachs analyst Ronald Keung reinstates Dada Nexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DADA#NASDAQ">DADA</a>) with a Neutral and announces $2.1 price target.

Initiation

DADA

Goldman Sachs Reinstates Neutral on Dada Nexus, Announces $2.1 Price Target

The wait for Bitcoin options trading continues as the U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on proposals that would allow options on <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36586034/crypto-leaders-react-to-historic-sec-bitcoin-etf-approval-huge-inflection-point-for-digita">spot Bitcoin exchange-traded funds (ETFs)</a>.
WHat Happened: This news comes after multiple exchanges, including Cboe, MIAX, Nasdaq ISE, and NYSE American, filed to offer options trading on <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36514679/wall-street-enters-the-crypto-age-sec-issues-historic-approval-of-spot-bitcoin-etfs">recently approved Bitcoin ETFs</a>, The Block <a href="https://www.theblock.co/post/290907/sec-delays-decision-on-listing-and-trading-spot-bitcoin-etf-options-asks-for-public-comments?utm_source=rss&amp;utm_medium=rss">reported</a>.
In a recent filing, the SEC extended the period for public comment by 21 days, with an additional 14 days for rebuttal comments, totaling 35 days for feedback. 
This move invites stakeholders and the public to weigh in on several critical aspects of how options on Bitcoin ETFs should be regulated. 
One of the key questions raised by the agency was whether &#8220;options on the specified Bitcoin ETPs should be subject to the same position limits as options on stock, and whether the available supply in the markets for Bitcoin should be considered in establishing position limits for options on Bitcoin ETPs.&#8221;
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38437196/this-famous-buy-bitcoin-sign-netted-an-intern-1m">This Famous &#8216;Buy Bitcoin&#8217; Sign Netted An Intern $1M</a>
This call for input marks a continued pattern of the SEC taking a measured approach to integrating cryptocurrency products into the mainstream financial marketplace. 
The commission had previously put off making a decision on this matter earlier in the month, indicating the complexity and potential risks associated with crypto-related financial instruments.
Feedback from previous comment periods suggested that allowing options trading on Bitcoin ETFs could provide significant benefits for investors, such as enhanced abilities to hedge positions and manage financial risk. 
What&#8217;s Next: These considerations are part of the broader dialogue on how regulatory frameworks can evolve to safely include more sophisticated cryptocurrency trading tools while protecting investors.
As discussions on cryptocurrency regulations continue to unfold, Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 will likely <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38382733/crypto-lobby-group-sues-sec-over-new-dealer-rule">address these developments.</a>
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38431860/maxine-waters-says-stablecoin-bill-in-the-short-run-coming">Maxine Waters Says &#8216;Stablecoin Bill In The Short Run&#8217; Coming</a>
Image: Shutterstock

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

Cryptocurrency

Bitcoin Options On Hold: SEC Delays Decision, Seeks Public Input

Goldman Sachs analyst Ronald Keung reinstates JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) with a Buy and announces $37 price target.

Goldman Sachs Reinstates Buy on JD.com, Announces $37 Price Target

Needham analyst Mayank Tandon maintains WNS (Hldgs) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) with a Buy and lowers the price target from $80 to $60.

Needham Maintains Buy on WNS (Hldgs), Lowers Price Target to $60

Goldman Sachs analyst Brooke Roach maintains Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPS#NYSE">GPS</a>) with a Buy and raises the price target from $24 to $25.

Goldman Sachs Maintains Buy on Gap, Raises Price Target to $25

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Lisata Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSTA#NASDAQ">LSTA</a>) with a Buy and maintains $15 price target.

LSTA

HC Wainwright & Co. Reiterates Buy on Lisata Therapeutics, Maintains $15 Price Target

Deutsche Bank analyst Justin Bowers maintains Thermo Fisher Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>) with a Buy and raises the price target from $600 to $610.

Deutsche Bank Maintains Buy on Thermo Fisher Scientific, Raises Price Target to $610

PG&amp;E Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) reported&nbsp;first-quarter FY24&nbsp;operating revenue of $5.86 billion (vs. $6.21 billion a year ago), missing the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38424738/pg-e-corporation-reports-first-quarter-results-on-track-to-deliver-solid-2024" rel="noreferrer noopener">consensus of $6.59 billion</a>.
Electric revenue fell to $4.05 billion from $4.12 billion a year ago. Natural gas declined to $1.81 billion from $2.09 billion the prior year.&nbsp;
Adjusted EPS was $0.37, higher than $0.29 in the prior year, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus of $0.35</a>.
FY24 Guidance:&nbsp;PG&amp;E reaffirmed&nbsp;its adjusted EPS guidance of $1.33-$1.37&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus the $1.36&nbsp;consensus</a>.&nbsp;
PG&amp;E shared its five-year financing plan, which includes funding&nbsp;$62 billion&nbsp;of safety and reliability capital expenditures.&nbsp;
The strategy, which does not factor in the sale of the Utility&#8217;s non-nuclear generation assets, confirms the company&#8217;s dedication to refraining from new equity in 2024.&nbsp;
It also allows for significant dividend expansion over the next five years and anticipates a possible equity requirement of up to $3 billion between 2025 and 2028.
Investors can gain exposure to the stock via&nbsp;VanEck Uranium Nuclear Energy ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLR#NYSE">NLR</a>) and&nbsp;Virtus Reaves Utilities ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTES#NYSE">UTES</a>).
Price Action: PCG shares are trading higher by 0.28% at $17.05 at the last check Thursday.
Photo via Shutterstock

Earnings

Equities

Guidance

UTES

PG&E Posts Mixed Bag Of Q1 Earnings, Plows Billions Into Safety

Deep-pocketed investors have adopted a bullish approach towards PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PDD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 47 extraordinary options activities for PDD Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 59% leaning bullish and 31% bearish. Among these notable options, 16 are puts, totaling $961,520, and 31 are calls, amounting to $1,696,034.
<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 $70.0 and $190.0 for PDD Holdings, 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 PDD Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to PDD Holdings's substantial trades, within a strike price spectrum from $70.0 to $190.0 over the preceding 30 days.
<h3>PDD Holdings Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714065350_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>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/03/24</td>
<td>$6.45</td>
<td>$6.3</td>
<td>$6.55</td>
<td>$120.00</td>
<td>$393.0K</td>
<td>1.7K</td>
<td style="text-align: right;">611</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$65.0</td>
<td>$64.15</td>
<td>$65.0</td>
<td>$190.00</td>
<td>$260.0K</td>
<td>25</td>
<td style="text-align: right;">40</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$11.0</td>
<td>$10.95</td>
<td>$11.0</td>
<td>$105.00</td>
<td>$156.1K</td>
<td>2.2K</td>
<td style="text-align: right;">129</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$17.2</td>
<td>$17.1</td>
<td>$17.19</td>
<td>$145.00</td>
<td>$120.4K</td>
<td>19</td>
<td style="text-align: right;">63</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/24/24</td>
<td>$16.6</td>
<td>$15.5</td>
<td>$15.6</td>
<td>$111.00</td>
<td>$113.8K</td>
<td>15</td>
<td style="text-align: right;">100</td>
</tr>
</tbody>
</table>

<h3>About PDD Holdings</h3>
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
Having examined the options trading patterns of PDD Holdings, 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 PDD Holdings</h3>
<ul>
<li>With a trading volume of 3,708,069, the price of PDD is down by -1.58%, reaching $125.53.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 29 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 PDD Holdings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Unpacking the Latest Options Trading Trends in PDD Holdings

Investors with a lot of money to spend have taken a bearish stance on Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</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 ROKU, 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 16 uncommon options trades for Roku.
This isn't normal.
The overall sentiment of these big-money traders is split between 31% bullish and 50%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $215,910, and 12 are calls, for a total amount of $611,602.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $105.0 for Roku during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Roku options trades today is 1021.5 with a total volume of 3,012.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Roku's big money trades within a strike price range of $45.0 to $105.0 over the last 30 days.
<h3>Roku Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714065344_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>ROKU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$7.0</td>
<td>$6.85</td>
<td>$6.9</td>
<td>$75.00</td>
<td>$119.4K</td>
<td>198</td>
<td style="text-align: right;">214</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/26/24</td>
<td>$3.95</td>
<td>$3.9</td>
<td>$3.95</td>
<td>$61.00</td>
<td>$115.0K</td>
<td>1.3K</td>
<td style="text-align: right;">664</td>
</tr>
<tr>
<td>ROKU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$5.0</td>
<td>$4.8</td>
<td>$4.95</td>
<td>$62.00</td>
<td>$82.1K</td>
<td>337</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>ROKU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$5.15</td>
<td>$4.95</td>
<td>$5.0</td>
<td>$62.00</td>
<td>$74.0K</td>
<td>337</td>
<td style="text-align: right;">171</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$5.75</td>
<td>$5.65</td>
<td>$5.73</td>
<td>$61.00</td>
<td>$57.3K</td>
<td>114</td>
<td style="text-align: right;">142</td>
</tr>
</tbody>
</table>

<h3>About Roku</h3>
Roku is the leading streaming platform in the U.S. by hours watched with 87.4 billion hours of content streamed in 2022. The firm's namesake operating system is used not only in Roku's own hardware but in cobranded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates revenue from advertising, distribution fees, hardware sales, OS licensing, and subscription sales.
In light of the recent options history for Roku, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Roku's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,303,041, the price of ROKU is up by 1.08%, reaching $62.5.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 0 days from now.</li>
</ul>
<h3>Expert Opinions on Roku</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $75.0.
<ul>
<li>An analyst from Wedbush has decided to maintain their Outperform rating on Roku, which currently sits at a price target of $80. </li>
<li>Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $115.</li>
<li>An analyst from Morgan Stanley has decided to maintain their Underweight rating on Roku, which currently sits at a price target of $60. </li>
<li>An analyst from Wells Fargo persists with their Underweight rating on Roku, maintaining a target price of $45. </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 Roku options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

ROKU

Roku's Options: A Look at What the Big Money is Thinking

Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) doesn&#8217;t go about selling its software products in conventional ways. After refusing to hire a sales team for years, the company is now using rock concert-like boot camps to <a href="https://www.benzinga.com/markets/equities/24/04/38427992/whats-going-on-with-palantir-technologies-today">bring new customers on board</a>.
Selling AI Software: Palantir has been one of the biggest beneficiaries of the <a href="https://www.benzinga.com/topic/ai">AI</a> boom. The data firm&#8217;s software allows companies and governments to organize and analyze large amounts of data to improve efficiency in decision-making processes. 
CEO Alex Karp has long refused to hire salespeople at Palantir due to the belief that the company&#8217;s software is so good, it sells itself. He even once said the only way Palantir would hire a sales team is if he were &#8220;hit by a bus.&#8221;
A new report from <a href="https://www.bloomberg.com/news/articles/2024-04-23/inside-palantir-s-ai-sales-secret-weapon-software-boot-camp?srnd=indus&amp;embedded-checkout=true">Bloomberg</a> this week suggests that Karp has at least been hit with a fresh perspective on sales. Although the company still refuses to build a sales team to help capture booming demand, Palantir has adopted a new approach that involves software boot camps. 
Software Boot Camps: The name &#8220;software boot camp&#8221; doesn&#8217;t really tell the whole story. These so-called boot camps can last anywhere from one to five days and are described as being one part hackathon, one part conference and one part party. 
The events feature demonstrations from engineers, work sessions for those attending and presentations from current customers on how they use <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37519215/palantirs-aipcon-unveils-over-20-new-customers-partners-including-openai">Palantir&#8217;s AI tools</a> to improve efficiency. 
On a recent <a href="https://www.benzinga.com/news/earnings/24/02/36941798/palantir-q4-earnings-revenue-beat-eps-in-line-continued-gaap-profitability-ahead-and-more">conference call</a>, Karp told investors and analysts that the company was making a push to sell its Artificial Intelligence Platform (AIP) product through these boot camps. 
&#8220;We can&#8217;t do enough of them &#8230; We&#8217;re limiting the number of people who can come. It&#8217;s like a rock concert &#8230; If you know somebody, we can get you backstage,&#8221; Karp said at the time. 
Karp noted that Palantir held a total of about 500 boot camps in 2023, mostly in the second half of the year. The company is targeting five boot camps per day on average throughout 2024. 
Palantir has attributed much of its recent U.S. commercial sales growth to the boot camp initiative. Analysts expect Palantir&#8217;s commercial revenue to exceed its total government revenue <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/36958716/palantir-rallies-off-ai-driven-q4-earnings-bull-analyst-sees-off-the-charts-commerc">for the first time next year</a>.
Don&#8217;t Miss: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38434513/us-growth-slows-in-q1-yet-inflation-acceleration-signals-stagflation-the-worst-poss">US Growth Slows In Q1, Yet Inflation Acceleration Signals Stagflation: &#8216;The Worst Possible Outcome For The Fed&#8217;</a>
PLTR Price Action: <a href="https://www.benzinga.com/quote/PLTR">Palantir shares</a> are up approximately 24% since the start of the year. The stock was down 0.51% trading at $21.47 Thursday at publication, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Spyro the Dragon from Shutterstock.

Tech

PLTR

Palantir's 'Rock Concert' AI Sales Strategy Is Rapidly Boosting Commercial Sales: 'We Can't Do Enough Of Them'

Deep-pocketed investors have adopted a bullish approach towards Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in V usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 26 extraordinary options activities for Visa. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 42% bearish. Among these notable options, 8 are puts, totaling $339,400, and 18 are calls, amounting to $718,929.
<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 $250.0 to $355.0 for Visa over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Visa stands at 705.31, with a total volume reaching 3,981.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Visa, situated within the strike price corridor from $250.0 to $355.0, throughout the last 30 days.
<h3>Visa 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714065339_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>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$19.35</td>
<td>$19.3</td>
<td>$19.3</td>
<td>$280.00</td>
<td>$77.2K</td>
<td>1.6K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$15.4</td>
<td>$15.3</td>
<td>$15.3</td>
<td>$275.00</td>
<td>$74.9K</td>
<td>187</td>
<td style="text-align: right;">118</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$11.4</td>
<td>$11.3</td>
<td>$11.4</td>
<td>$282.50</td>
<td>$67.2K</td>
<td>507</td>
<td style="text-align: right;">458</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.4</td>
<td>$11.15</td>
<td>$11.35</td>
<td>$355.00</td>
<td>$55.6K</td>
<td>120</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$2.23</td>
<td>$2.1</td>
<td>$2.2</td>
<td>$250.00</td>
<td>$55.0K</td>
<td>1.0K</td>
<td style="text-align: right;">255</td>
</tr>
</tbody>
</table>

<h3>About Visa</h3>
Visa is the largest payment processor in the world. In fiscal 2022, it processed over $14 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Following our analysis of the options activities associated with Visa, we pivot to a closer look at the company's own performance.
<h3>Current Position of Visa</h3>
<ul>
<li>Trading volume stands at 2,617,518, with V's price up by 0.07%, positioned at $275.2.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 89 days.</li>
</ul>
<h3>What Analysts Are Saying About Visa</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $303.6.
<ul>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Visa, targeting a price of $321. </li>
<li>In a cautious move, an analyst from Redburn Atlantic downgraded its rating to Neutral, setting a price target of $307. </li>
<li>An analyst from Macquarie has decided to maintain their Outperform rating on Visa, which currently sits at a price target of $300. </li>
<li>An analyst from UBS has decided to maintain their Buy rating on Visa, which currently sits at a price target of $325. </li>
<li>Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on Visa with a target price of $265. </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 Visa options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Looking At Visa's Recent Unusual Options Activity

Deutsche Bank analyst Pito Chickering maintains Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) with a Hold and raises the price target from $63 to $73.