CRAFT 1861 Glb Hldgs Stock (OTC:BGPAF), Trade Ideas

CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

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BGP Acquisition Corp. Announces Approval Of Extension Of Permitted Timeline

BGP Acquisition Corp. (OTCQX: BGPPF) (OTCQX: BGPAF) (NEO:BGP.U) (NEO:BGP.WT.U) and Craft 1861 Global, Inc., have entered into a definitive business combination agreement, which is intended to constitute

Cannabis Company Craft Global To Go Public Through Merger With BGP

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UBS analyst Shneur Gershuni maintains Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) with a Buy and lowers the price target from $223 to $206.

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UBS Maintains Buy on Cheniere Energy, Lowers Price Target to $206

On Tuesday, Samsung Electronics Co&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) announced that it has started mass production of the world&#8217;s most advanced 286-layer NAND flash memory chips, which offer increased data storage capacity.
The&nbsp;company&#8217;s ninth-generation 3D NAND memory,&nbsp;which surpasses the 236-layer eighth-generation version by expanding bit density by 50%,&nbsp;will be utilized in artificial intelligence data centers and smartphones,&nbsp;<a target="_blank" href="https://asia.nikkei.com/Business/Tech/Semiconductors/Samsung-starts-mass-production-of-most-advanced-NAND-memory#:~:text=SEOUL%20%2D%2D%20Samsung%20Electronics%20said,as%20well%20as%20in%20smartphones." rel="noreferrer noopener">Nikkei Asia</a>&nbsp;reports.
U.S. tech companies like&nbsp;Alphabet Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)&nbsp;Google&nbsp;and&nbsp;Apple Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) are the primary customers, and Samsung has already begun shipping samples, the Nikkei Asia&nbsp;<a target="_blank" href="https://asia.nikkei.com/Business/Tech/Semiconductors/Samsung-starts-mass-production-of-most-advanced-NAND-memory#:~:text=SEOUL%20%2D%2D%20Samsung%20Electronics%20said,as%20well%20as%20in%20smartphones." rel="noreferrer noopener">reports</a>.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38402981/elon-musks-big-bet-tesla-to-ramp-up-ai-development-with-nvidias-powerful-chips" rel="noreferrer noopener">Elon Musk&#8217;s Big Bet: Tesla to Ramp Up AI Development with Nvidia&#8217;s Powerful Chips</a>
This latest memory product enhances data input and output speeds by 33% while reducing power consumption by 10%.&nbsp;
The rise of generative AI, which demands significant data capacity for machine learning and processing, has fueled the need for greater NAND memory capacity.&nbsp;
In response, chipmakers are vying to increase storage capacity by vertically stacking memory storage elements.
Samsung, headquartered in South Korea and a global leader in memory technology, revealed it is developing a 10th-generation 3D NAND product with more than 400 layers.&nbsp;
<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38106648/as-apple-stares-at-first-revenue-drop-in-a-decade-samsung-predicts-stellar-10-fold-q1-profits-am" rel="noreferrer noopener">Prior reports indicated</a>&nbsp;Samsung is expecting a significant increase in its first-quarter operating profit due to higher DRAM chip prices and a hike in NAND flash chip prices from the previous quarter.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37244117/micron-seagate-western-digital-poised-for-upswing-driven-by-nand-price-surge-analys" rel="noreferrer noopener">Micron, Seagate, Western Digital Poised for Upswing, Driven by NAND Price Surge, Analyst Forecasts</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Samsung's Latest 3D NAND Memory Chips Transform AI Data Centers and Mobile Devices

WisdomTree Chief Investment Officer Jeremy Schwartz spoke with Benzinga about the unparalleled potential nestled within <a href="https://www.benzinga.com/topic/japan">Japan&#8217;s economic landscape</a>.
What Happened: Benzinga asked Schwartz which country&#8217;s economy the ETF provider views as the most promising.
Japan, said Schwartz, which has investment appeal largely due to its transformative &#8220;new corporate culture.&#8221;
A seismic shift toward shareholder-friendly practices characterizes the nation, he added.
Schwartz also pointed to the growing cohort of Japanese companies embracing shareholder value maximization through increased dividends and buybacks — a testament to a newfound commitment to investor returns.
See the chart below.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="626" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24075038/Screenshot-2024-04-24-at-5.20.11-PM.png" alt="" class="wp-image-306334" style="width:800px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24075038/Screenshot-2024-04-24-at-5.20.11-PM.png 626w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24075038/Screenshot-2024-04-24-at-5.20.11-PM-300x219.png 300w" sizes="(max-width: 626px) 100vw, 626px" /></figure>
<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Chart: Benzinga Pro</a>
<h1 class="wp-block-heading">Buffett Is Bullish On Japan, Too</h1>
Central to Japan&#8217;s investment appeal is a resounding endorsement from Warren Buffett. 
The so-called &#8220;Oracle of Omaha&#8221; has unreservedly declared Japan as the premier destination for deploying fresh capital outside of the U.S. 
Buffett has directed investments into <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37825229/warren-buffetts-prediction-comes-true-japanese-banks-to-profit-from-bojs-positive-r">five distinct Japanese trading companies</a> in a strategic move indicative of Japan&#8217;s attractiveness. The move underscores his unwavering confidence in the nation&#8217;s economic trajectory.
Moreover, Buffett&#8217;s endorsement serves as a compelling catalyst for foreign investors, reigniting interest and revitalizing confidence in Japan&#8217;s market potential. 
As foreign capital flows back into the country, Japan emerges as a magnet for investors seeking to capitalize on its growing opportunities.
Related: <a href="https://www.benzinga.com/markets/asia/23/06/32913032/warren-buffetts-berkshire-hathaway-raises-stake-in-5-japanese-trading-houses">Warren Buffett&#8217;s Berkshire Hathaway Raises Stake In 5 Japanese Trading Houses</a>
<h1 class="wp-block-heading">WisdomTree ETF Has A Similar Approach To Buffett</h1>
Navigating Japan&#8217;s investment landscape presents unique challenges, notably the Japanese yen&#8217;s volatility. 
According to Schwartz, &#8220;it is impossible to predict the direction of the yen.&#8221; 
In response, Buffett has adopted a prudent approach. He neutralizes exchange rate risk by issuing yen-denominated bonds — an astute strategy to safeguard investments against currency fluctuations.
Enter the WisdomTree Japan Hedged Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXJ#NYSE">DXJ</a>). The ETF seeks to harness the power of currency hedging to mitigate exchange rate volatility and amplify returns. 
The appeal of the ETF lies not only in its strategic hedging mechanisms but also in its compelling value proposition, Schwartz told Benzinga. By earning the carry in hedging instruments — a substantial margin bolstered by the disparity between U.S. and Japan interest rates — the ETF offers investors an avenue to capitalize on Japan&#8217;s economic resurgence while neutralizing FX risk.
The WisdomTree Japan Hedged Equity ETF has witnessed a remarkable growth trajectory — up 47% over the past year and 21% YTD. The fund&#8217;s investment strategy leverages Japan&#8217;s newfound corporate ethos.
Other Japan-focused ETFs such as the iShares MSCI Japan ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWJ#NYSE">EWJ</a>) and the JPMorgan BetaBuilders Japan ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBJP#NYSE">BBJP</a>) are also up 4.96% and 5.41%, respectively.
Japan stands at the precipice of a new era — a paradigm shift marked by a revitalized corporate culture and a resolute commitment to shareholder value maximization. For investors seeking to capitalize on this transformative journey, Japan could represent a golden opportunity.
Read Next: <a href="https://www.benzinga.com/markets/asia/24/04/38359250/invest-for-the-decades-not-the-years">Invest For The Decades, Not The Years</a>
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EXCLUSIVE: Why WisdomTree's CIO Is Bullish On Japan's 'New Corporate Culture,' Buffett-Style Investment

Pervasip Corp. (OTCPK: PVSP) announced its 2024 first-quarter financial results on Tuesday. Simultaneously, the Seattle-based company said it's still in the restructuring process and preparation for the spin-out of all of its cannabis assets.
"We are entering our final phase of restructuring which involves making difficult decisions to ensure additional expense reductions and separating the company from assets it has held for many years," German Burtscher, Pervasip's president and chief executive officer said.
Additionally, as part of the restructuring, George Jordan has resigned from his duties as CFO and COO of the company and will stay on as an advisor, supporting management through its final phase of changes in preparation for the spin-out of Artizen Corporation.
<h3 class="wp-block-heading">Q1 2024 Financial Highlights</h3>
<ul>
<li>Gross profit totaled $831,079 on $3,347,086 in revenues, compared to gross profits of $716,213 during the same period in 2023.</li>
<li>Gross margins increased from 20% to 25%, representing a 25% increase.</li>
<li>Revenues of $3.34 million decreased slightly from 2023 first quarter revenues of $3.66 million.</li>
<li>Operating loss for the quarter increased to $618,623, deeper than the $501,283 loss reported in the first quarter of 2023. This increase is attributable to one-time expenses related to the restructuring of operational staff and the completion of the company's 2022 audit.</li>
<li>Operating cash flow amounted to $98,320 compared to negative cash flow of $38,044 during the same period in 2023.</li>
<li>Generated first retail sales in the Oregon recreational market, fulfilling the company's goal of expanding its retail brand on the West Coast.</li>
</ul>
<h3 class="wp-block-heading">Related News</h3>
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/02/36915035/pervasip-converts-15m-debt-moves-toward-profitability-with-cannabis-spin-off">Pervasip Converts $15M Debt, Moves Toward Profitability With Cannabis Spin-Off</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/23/06/33078891/pervasips-slurped-nano-cannabis-beverages-expanding-into-california-market">Pervasip&#8217;s Slurped Nano Cannabis Beverages Expanding Into California Market</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/23/04/31916801/pervasip-to-enter-oregon-recreational-cannabis-market">Pervasip To Enter Oregon Recreational Cannabis Market</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/23/10/35317695/this-cannabis-and-psychedelics-focused-company-reports-robust-q3-2023-financials-gross-profit-su">This Cannabis And Psychedelics-Focused Company Reports Robust Q3 2023 Financials &amp; Gross Profit Surge</a></li>
</ul>

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Pervasip Reports Slight YoY Decrease In Q1 Revenue As It Prepares For Cannabis Spin-Off

Financial giants have made a conspicuous bullish move on ServiceNow. Our analysis of options history for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) revealed 48 unusual trades.
Delving into the details, we found 43% of traders were bullish, while 43% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $646,073, and 38 were calls, valued at $1,901,846.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $410.0 to $1080.0 for ServiceNow over the recent three months. 
<h3>Insights into 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 ServiceNow'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 ServiceNow's whale activity within a strike price range from $410.0 to $1080.0 in the last 30 days. 
<h3>ServiceNow 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713977163_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/31/24</td>
<td>$40.4</td>
<td>$39.0</td>
<td>$39.0</td>
<td>$740.00</td>
<td>$136.5K</td>
<td style="text-align: right;">20</td>
<td style="text-align: right;">37</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$44.9</td>
<td>$43.8</td>
<td>$44.8</td>
<td>$770.00</td>
<td>$134.4K</td>
<td style="text-align: right;">576</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$52.0</td>
<td>$42.0</td>
<td>$48.4</td>
<td>$740.00</td>
<td>$121.0K</td>
<td style="text-align: right;">56</td>
<td style="text-align: right;">25</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$12.9</td>
<td>$12.3</td>
<td>$12.3</td>
<td>$670.00</td>
<td>$119.4K</td>
<td style="text-align: right;">382</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$10.1</td>
<td>$10.0</td>
<td>$10.1</td>
<td>$850.00</td>
<td>$101.5K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">100</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Having examined the options trading patterns of ServiceNow, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is ServiceNow Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 519,177, the NOW's price is down by -0.01%, now at $740.89. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 0 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 ServiceNow options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Decoding ServiceNow's Options Activity: What's the Big Picture?

Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) revealed 11 unusual trades.
Delving into the details, we found 63% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $1,155,800, and 9 were calls, valued at $618,053.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $390.0 to $460.0 for Goldman Sachs Gr during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Goldman Sachs Gr options trades today is 527.0 with a total volume of 851.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Goldman Sachs Gr's big money trades within a strike price range of $390.0 to $460.0 over the last 30 days.
<h3>Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713977158_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>GS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$55.85</td>
<td>$54.7</td>
<td>$55.75</td>
<td>$460.00</td>
<td>$1.1M</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">202</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$9.75</td>
<td>$9.6</td>
<td>$9.75</td>
<td>$415.00</td>
<td>$114.2K</td>
<td style="text-align: right;">983</td>
<td style="text-align: right;">64</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$39.9</td>
<td>$39.5</td>
<td>$39.9</td>
<td>$420.00</td>
<td>$111.6K</td>
<td style="text-align: right;">691</td>
<td style="text-align: right;">29</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$39.25</td>
<td>$38.75</td>
<td>$39.25</td>
<td>$420.00</td>
<td>$82.4K</td>
<td style="text-align: right;">691</td>
<td style="text-align: right;">119</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/03/24</td>
<td>$33.1</td>
<td>$31.65</td>
<td>$32.41</td>
<td>$390.00</td>
<td>$81.0K</td>
<td style="text-align: right;">90</td>
<td style="text-align: right;">25</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
In light of the recent options history for Goldman Sachs Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Goldman Sachs Gr</h3>
<ul>
<li>Currently trading with a volume of 785,906, the GS's price is down by -0.69%, now at $421.09. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 84 days.</li>
</ul>
<h3>What Analysts Are Saying About Goldman Sachs Gr</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $429.6.
<ul>
<li>Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on Goldman Sachs Gr with a target price of $460. </li>
<li>Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Goldman Sachs Gr, targeting a price of $360. </li>
<li>An analyst from JP Morgan persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $433. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $435. </li>
<li>Consistent in their evaluation, an analyst from JMP Securities keeps a Market Outperform rating on Goldman Sachs Gr with a target price of $460. </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 Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Smart Money Is Betting Big In Goldman Sachs Gr Options

Whales with a lot of money to spend have taken a noticeably bearish stance on Cisco Systems.
Looking at options history for Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) we detected 20 trades.
If we consider the specifics of each trade, it is accurate to state that 15% of the investors opened trades with bullish expectations and 85% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $268,390 and 16, calls, for a total amount of $865,555.
<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 $42.5 to $52.5 for Cisco Systems 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 Cisco Systems'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 Cisco Systems's whale activity within a strike price range from $42.5 to $52.5 in the last 30 days. 
<h3>Cisco Systems Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713977152_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>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$0.67</td>
<td>$0.66</td>
<td>$0.67</td>
<td>$50.00</td>
<td>$154.4K</td>
<td>23.8K</td>
<td>2.4K</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$2.54</td>
<td>$2.53</td>
<td>$2.53</td>
<td>$47.50</td>
<td>$104.2K</td>
<td>3.7K</td>
<td>448</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$6.55</td>
<td>$6.45</td>
<td>$6.48</td>
<td>$52.50</td>
<td>$84.1K</td>
<td>427</td>
<td>0</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$4.1</td>
<td>$4.05</td>
<td>$4.06</td>
<td>$45.00</td>
<td>$81.1K</td>
<td>18.4K</td>
<td>0</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$0.25</td>
<td>$0.24</td>
<td>$0.24</td>
<td>$52.00</td>
<td>$80.8K</td>
<td>153</td>
<td>3.3K</td>
</tr>
</tbody>
</table>

<h3>About Cisco Systems</h3>
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.
After a thorough review of the options trading surrounding Cisco Systems, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Cisco Systems's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 6,186,993, the CSCO's price is down by -0.39%, now at $48.13. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 21 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 Cisco Systems options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

CSCO

Market Whales and Their Recent Bets on CSCO Options

UBS analyst Gavin Parsons maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Neutral and lowers the price target from $77 to $73.

UBS Maintains Neutral on Hexcel, Lowers Price Target to $73

UBS analyst Thomas Wadewitz maintains Canadian National Railway (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CNR#TSX">CNR</a>) with a Buy and lowers the price target from C$205 to C$202.

TSX:CNR

UBS Maintains Buy on Canadian National Railway, Lowers Price Target to C$202

Boston Scientific Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>)&nbsp;shares are&nbsp;trading higher on Wednesday after the company reported better-than-expected first-quarter&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38398989/boston-scientific-announces-results-for-first-quarter-2024" rel="noreferrer noopener">earnings and issued guidance</a>.
The company generated first-quarter revenues of $3.86 billion, beating the&nbsp;consensus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">estimate of $3.69 billion</a>.
Sales soared 13.8% year-over-year on a reported basis, 15% on an operational basis, and 13.1% on an organic basis, beating the management guidance of approximately&nbsp;7.5%-9.5% on a reported&nbsp;basis&nbsp;and approximately&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36867277/why-medical-devices-giant-boston-scientific-shares-are-rising-today" rel="noreferrer noopener">7%-9% on an organic basis</a>.
The company earned an adjusted EPS of $0.56, beating the consensus of $0.51 and the management guidance of $0.50-$0.52.
The company&#8217;s cardiovascular segment led the way with more than&nbsp;$2.4 billion&nbsp;in sales, rising 15.9%. MedSurg also saw significant growth, with revenues of more than&nbsp;$1.4 billion, up 10.3%.&nbsp;
Cardiology sales (16.5% growth) led&nbsp;the way for&nbsp;Cardiovascular and Endoscopy (11.4%) led MedSurg.
&#8220;Our exceptional results this quarter&nbsp;were fueled&nbsp;by our talented global team and the strength of our diversified businesses and pipeline, including the initial U.S. launch of the FARAPULSE Pulsed Field Ablation System,&#8221; said&nbsp;Mike Mahoney, chairman and CEO.
Outlook: Boston Scientific forecasts net sales growth for 2024 of&nbsp;11%-13%&nbsp;on a reported basis and&nbsp;10%-12%&nbsp;on an organic basis compared to prior&nbsp;guidance&nbsp;of approximately&nbsp;8.5%-9.5%&nbsp;and&nbsp;8%-9%, respectively.
Boston Scientific sees 2024 adjusted EPS of&nbsp;$2.29-$2.34&nbsp;,&nbsp;versus prior&nbsp;guidance&nbsp;of&nbsp;$2.23-$2.27&nbsp;and the consensus of&nbsp;$2.25.
For the second quarter, the company estimates net sales growth of approximately&nbsp;10.5%-12.5%&nbsp;Y/Y on a reported basis and approximately&nbsp;10%-12%&nbsp;on an organic basis.
The company forecasts adjusted EPS of&nbsp;$0.57-$0.59&nbsp;versus a consensus of&nbsp;$0.56.
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/04/38315524/fda-classifies-boston-scientifics-recall-for-device-to-stop-blood-flow-as-most-serious" rel="noreferrer noopener">FDA Classifies Boston Scientific&#8217;s Recall For Device To Stop Blood Flow As &#8216;Most Serious&#8217;</a>
Price Action: BSX shares are up 6.02% at $73.15 at the last check on Wednesday.
Photo via Shutterstock

Guidance

Health Care

Movers

General

Boston Scientific Lifts 2024 Profit Forecast On Strong Growth From Cardiovascular Devices, Stock Soars

WIIM

HP shares are trading higher after David Einhorn's Greenlight Capital confirmed a new position in the company.

RBC Capital analyst Tom Narayan maintains Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) with a Outperform and lowers the price target from $294 to $293.

TSLA

RBC Capital Maintains Outperform on Tesla, Lowers Price Target to $293

Morgan Housel is the top finance author of the 2020s:
<ul>
<li>
The Psychology of Money sold 5M+ copies
</li>
<li>
Named a top 50 market influencer
</li>
<li>
Columnist at The Motley Fool
</li>
</ul>
Here are 5 major insights from his book that will help you invest like a pro:
<h3>1. Relative Wealth</h3>
Your absolute wealth doesn&#39;t matter.
At least, not when it comes to how rich you feel.
Personal satisfaction and well-being are heavily influenced by 2 factors:
<ul>
<li>
Your wealth compared to your past self
</li>
<li>
Your wealth compared to your peers
</li>
</ul>
The sense that you are progressing and building wealth will make you feel wealthier than any specific number.
<h3>2. Financial Habits</h3>
Around 70% of lottery winners go bankrupt within a few years.
Getting rich quick is an illusion, you need the character necessary to keep your money.
Wealth is a habit. Your temperament, mindset, and behavior are critical for building your portfolio.
<h3>3. Time Horizons</h3>
Do you let your short-term emotions interfere with your long-term goals?
If so, you don&#39;t grasp the long-game nature of investing.
Most fortunes are built over decades.
To achieve lasting wealth, you need to set specific targets with realistic timeframes.
<h3>4. Risk &amp; Uncertainty</h3>
Risk management isn&#39;t only assessing probability.
It&#39;s about emotional control and understanding negative potential consequences.
Most people underestimate the likelihood of a bad outcome.
As an investor, you must invest based on data and rationality.
<h3>5. Misleading Narratives</h3>
People are drawn to and influenced by stories about money.
These narratives shape your perceptions, beliefs, and decisions.
The major thing to realize is that these stories hold power over you even if they are based on false or misleading information.
There you have it!
5 major insights from one of the most popular finance books on the market.

Entrepreneurship

Psychology

Personal Finance

5 Psychological Secrets We Learned After Reading This

UBS analyst Shneur Gershuni maintains Cheniere Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) with a Neutral and lowers the price target from $53 to $50.

UBS Maintains Neutral on Cheniere Energy Partners, Lowers Price Target to $50

RBC Capital analyst Mark Dwelle maintains RLI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) with a Sector Perform and raises the price target from $148 to $155.

RBC Capital Maintains Sector Perform on RLI, Raises Price Target to $155

Blink Charging Co.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>)&nbsp;said on Wednesday&nbsp;that&nbsp;its U.K.-based unit&nbsp;collaborated with Evri, a parcel delivery company, to install one of Evri&#8217;s first&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/g38402408/blink-charging-uk-teams-up-with-evri-to-support-couriers-vision-to-electrify-fleet" rel="noreferrer noopener">EV&nbsp;charging hubs at its sorting center in Rugby.</a>
In the first steps, Blink Charging&nbsp;UK&nbsp;will provide twelve chargers at a high-volume sorting center in Rugby.
&#8220;This is an exciting opportunity to work with Evri to accelerate the deployment of&nbsp;zero emission&nbsp;delivery services in the&nbsp;UK,&#8221; said Managing&nbsp;Director,&nbsp;Blink&nbsp;Charging UK, Alex Calnan.&nbsp;
The charging site is the first step in a&nbsp;larger&nbsp;program to see new&nbsp;EV&nbsp;chargers installed at Evri&#8217;s sites across the&nbsp;U.K.&nbsp;to reach net-zero emissions by 2035.&nbsp;
The charging hub at Rugby is a 24-hour operation, with the chargers expected to be in use 60-80% of the time.&nbsp;
Each charger has&nbsp;been placed&nbsp;to be accessible to Evri&#8217;s hundreds of staff at the center&nbsp;as well as to&nbsp;their fleet vehicles.
&#8220;Blink will leverage our turnkey offering covering design, install&nbsp;and&nbsp;management of a scalable charging network, delivering&nbsp;future ready&nbsp;networks to support Evri&#8217;s ambitious plans,&#8221; Calnan added.
The company plans&nbsp;further&nbsp;to expand its offerings in the&nbsp;U.K.&nbsp;and Ireland to include new commercial and home chargers, global network services and apps, and new fleet management tools, Blink&nbsp;said.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, BLNK stock has lost over 67% in the past year.&nbsp;
Price Action: BLNK shares are trading lower by 1.49% to $2.315 at last check Wednesday. 
Photo: courtesy of Blink.

Equities

BLNK

What's Going On With Blink Charging Shares Wednesday?

RBC Capital analyst Mike Dahl maintains PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) with a Sector Perform and raises the price target from $106 to $113.

RBC Capital Maintains Sector Perform on PulteGroup, Raises Price Target to $113

Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is currently a mixed bag. The Arlington County, Virginia-based company reported better-than-feared quarterly results and noted stabilization in its 737 Max supply chain, despite outrage and potential <a href="https://www.benzinga.com/news/24/04/38402133/boeing-faces-potential-criminal-prosecution-as-crash-victims-families-demand-justice-throw-out-the-d">lawsuits over two tragic crashes</a>.
Outgoing CEO Dave Calhoun continues to tout safety and quality initiatives, with the goal of providing some assurance towards Boeing&#8217;s commitment to long-term viability. Still, its stock price remains below its five, 20, and 50-day moving averages, indicating prevailing bearish sentiment among investors.
Risk-takers may consider this a buy-the-dip moment with a long-term horizon. 
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38275997/boeing-investors-favor-clear-favorite-candidate-for-ceo-as-market-challenges-persis">Boeing Investors Favor &#8216;Clear Favorite Candidate&#8217; For CEO As Market Challenges Persist</a>
<h3 class="wp-block-heading">Earnings</h3>
Boeing&#8217;s stock was up 3.3% at market open on Wednesday, April 24, on the heels of a first-quarter (<a href="https://www.benzinga.com/quote/BA/earnings">Q1) earnings beat</a>.
Over the past year, however, the stock is down over 18%, -35% year-to-date.
The higher-than-expected Q1 financial results recorded a 31.52% surprise on the EPS number and an 8.86% surprise on revenue.
The company demonstrated financial strength amidst adversity. However, Boeing&#8217;s stock price reflects a bearish trend, trading below key moving averages and exhibiting signs of slight selling pressure.
<h3 class="wp-block-heading">Opportunities Ahead</h3>
Analysts maintain a &#8216;Buy&#8217; rating on Boeing, with a <a href="https://www.benzinga.com/quote/BA/analyst-ratings">consensus price target</a> of $203.08. Since Jan., Boeing stock has seen a slew of price target revisions to the downside.
While recent challenges have impacted short-term performance, analysts view Boeing&#8217;s long-term prospects favorably, attributing potential upside to recovery efforts and future growth opportunities. The last three analysts that reviewed the stock, April 16 onwards, have an average price target of $181.67 on Boeing stock. That&#8217;s an implied 5.32% upside from current levels.
<h3 class="wp-block-heading">Key Risks</h3>
Market sentiment towards Boeing remains cautious. Technical indicators such as the MACD and RSI signal a sell-off and oversold conditions, respectively. 
Despite near-term challenges, the company&#8217;s earnings performance, business resilience, and analyst consensus appear to support the notion of underlying value. 
Investors would be wise to exercise caution and monitor regulatory developments and supply chain stability before initiating positions.
Boeing&#8217;s business and stock are currently subject to certain key risks:
<ul>
<li>Regulatory Scrutiny and Compliance Issues: Boeing&#8217;s ongoing regulatory scrutiny, highlighted by the FAA&#8217;s findings of noncompliance across its supply chain, poses a significant risk. Any further regulatory setbacks could impede production and delivery schedules, impacting financial performance and investor sentiment.</li>
<li>Supply Chain Disruptions: Despite efforts to stabilize the 737 Max supply chain, ongoing disruptions remain a key concern. Any delays or quality control issues within Boeing&#8217;s supply chain could exacerbate production challenges, leading to decreased revenue and increased costs.</li>
</ul>
Read Next: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37830198/is-boeing-too-big-to-fail-some-redditors-suggest-buying-the-dip">Is Boeing &#8216;Too Big To Fail&#8217;? Some Redditors Suggest Buying The Dip</a>

Earnings Beats

Long Ideas

Trading Ideas

Does Boeing's Q1 Earnings Beat Offer A Buy-The-Dip Opportunity While Investors Stay Bearish?

EQT shares are trading higher after the company reported better-than-expected Q1 financial results

RBC Capital analyst Joseph Spak maintains Polaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) with a Sector Perform and lowers the price target from $103 to $97.