China TechFaith Wireless Communication Technology Ltd ADR Stock (OTC: CNTFY)

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FTNT

Live On CNBC, Stephanie Link Announces Bought More Fortinet

JP Morgan analyst Lisa Gill maintains Teladoc Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>) with a Neutral and lowers the price target from $19 to $16.

Price Target

TDOC

JP Morgan Maintains Neutral on Teladoc Health, Lowers Price Target to $16

TD Securities analyst Vince Valentini maintains TELUS (TSX:<a class="ticker" href="https://www.benzinga.com/stock/T#TSX">T</a>) with a Buy and raises the price target from C$25 to C$27.

TSX:T

TD Securities Maintains Buy on TELUS, Raises Price Target to C$27

WIIM

ALAR

Alarum Technologies shares are trading higher after the company reported better-than-expected Q1 sales results.

LRCX

Live On CNBC, Stephanie Link Announces Bought More Lam Research

JP Morgan analyst John Royall maintains Delek US Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DK#NYSE">DK</a>) with a Underweight and lowers the price target from $26 to $25.

JP Morgan Maintains Underweight on Delek US Hldgs, Lowers Price Target to $25

TD Securities analyst Daniel Chan maintains Altus Group (TSX:<a class="ticker" href="https://www.benzinga.com/stock/AIF#TSX">AIF</a>) with a Buy and lowers the price target from C$59 to C$55.

TSX:AIF

TD Securities Maintains Buy on Altus Group, Lowers Price Target to C$55

Robinhood Markets, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) said&nbsp;on Tuesday that it launched&nbsp;new margin rates based on a customer&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/markets" rel="noreferrer noopener">margin balance, ranging from 5.7% to 6.75%.</a>
Margin investing allows customers to borrow money from Robinhood and leverage their holdings to purchase securities, the&nbsp;company&nbsp;<a target="_blank" href="https://newsroom.aboutrobinhood.com/new-robinhood-margin-rates/" rel="noreferrer noopener">said&nbsp;</a>in a statement.&nbsp;
&#8220;Whether someone has a balance of a few thousand&nbsp;dollars,&nbsp;or millions, they automatically have access to the lowest margin rates among leading brokerages with absolutely no haggling required,&#8221; said Steve Quirk, Chief Brokerage Officer at Robinhood.
Robinhood&nbsp;stressed that margin can be a &#8216;useful investing tool&#8217; that provides flexibility if a customer sees an opportunity in the market and wants to invest more&nbsp;right away without needing to&nbsp;make a&nbsp;deposit&nbsp;from their bank.
Under the latest development, Robinhood Gold subscribers will get their first $1,000&nbsp;of&nbsp;margin with no interest.
However, Robinhood said that Margin investing access isn&#8217;t&#8217;&nbsp;automatic, customers&nbsp;must apply and will only have access if they meet&nbsp;certain&nbsp;eligibility requirements.&nbsp;
Earlier this month, the company&#8217;s CEO&nbsp;Vlad Tenev&nbsp;spilled the beans on&nbsp;its retirement offerings, which target users of every age,&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/05/38776464/robinhood-ceo-vlad-tenev-dishes-on-hot-retirement-offerings-economics-of-the-offer-are-irresistible" rel="noreferrer noopener">including the ever-elusive Gen Z.</a>
The CEO underscored how Robinhood&#8217;s offerings are a magnet for novice investors, with Tenev&nbsp;shining&nbsp;a spotlight on a groundbreaking survey revealing Gen Z&#8217;s astonishing&nbsp;foresight&nbsp;as Gen Zers begin pondering retirement as early as 19 years old, Tenev&nbsp;<a target="_blank" href="https://www.youtube.com/watch?v=7-JdHG02xOA" rel="noreferrer noopener">told&nbsp;</a>Yahoo Finance&#8217;s Market Domination.&nbsp;
Tenev also emphasized Robinhood&#8217;s retirement profile for individuals within five years of retirement age, stating that &#8220;the economics of the offer are irresistible to pass up.&#8221;
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38942386/whats-going-on-with-rivian-automotive-stock-tuesday" rel="noreferrer noopener">What&#8217;s Going On With Rivian Automotive Stock Tuesday?</a>
Price Action: HOOD shares are trading higher by 1.13% to $21.08 at last check Tuesday. 
Photo via Shutterstock

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HOOD

What's Going On With Robinhood Stock After Launching New Margin Rates?

Deep-pocketed investors have adopted a bullish approach towards Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</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 OXY usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Occidental Petroleum. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 55% leaning bullish and 33% bearish. Among these notable options, 4 are puts, totaling $581,844, and 5 are calls, amounting to $899,919.
<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 $55.0 to $70.0 for Occidental Petroleum over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Occidental Petroleum stands at 2424.17, with a total volume reaching 5,517.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Occidental Petroleum, situated within the strike price corridor from $55.0 to $70.0, throughout the last 30 days.
<h3>Occidental Petroleum Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716308148_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>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$2.38</td>
<td>$2.33</td>
<td>$2.34</td>
<td>$62.50</td>
<td>$643.5K</td>
<td>6.6K</td>
<td>2.8K</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/31/24</td>
<td>$2.73</td>
<td>$2.5</td>
<td>$2.66</td>
<td>$66.00</td>
<td>$211.8K</td>
<td>151</td>
<td>800</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$5.95</td>
<td>$5.75</td>
<td>$5.83</td>
<td>$69.00</td>
<td>$186.2K</td>
<td>0</td>
<td>320</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/31/24</td>
<td>$2.74</td>
<td>$2.58</td>
<td>$2.67</td>
<td>$66.00</td>
<td>$157.1K</td>
<td>151</td>
<td>800</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$15.25</td>
<td>$14.1</td>
<td>$15.15</td>
<td>$55.00</td>
<td>$121.2K</td>
<td>259</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
In light of the recent options history for Occidental Petroleum, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Occidental Petroleum's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,831,089, with OXY's price down by -0.32%, positioned at $63.37.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 71 days.</li>
</ul>
<h3>Professional Analyst Ratings for Occidental Petroleum</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $73.0.
<ul>
<li>An analyst from Susquehanna persists with their Positive rating on Occidental Petroleum, maintaining a target price of $81. </li>
<li>An analyst from Truist Securities has revised its rating downward to Hold, adjusting the price target to $69. </li>
<li>Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for Occidental Petroleum, targeting a price of $76. </li>
<li>An analyst from Mizuho persists with their Neutral rating on Occidental Petroleum, maintaining a target price of $71. </li>
<li>Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Occidental Petroleum, targeting a price of $68. </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 Occidental Petroleum options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Occidental Petroleum Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Texas Instruments.
Looking at options history for Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) we detected 24 trades.
If we consider the specifics of each trade, it is accurate to state that 58% of the investors opened trades with bullish expectations and 37% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $261,703 and 18, calls, for a total amount of $1,026,790.
<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 $170.0 to $230.0 for Texas Instruments over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Texas Instruments's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Texas Instruments's significant trades, within a strike price range of $170.0 to $230.0, over the past month.
<h3>Texas Instruments 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716308143_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>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$34.55</td>
<td>$33.25</td>
<td>$34.41</td>
<td>$170.00</td>
<td>$220.2K</td>
<td>193</td>
<td>64</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$21.15</td>
<td>$20.8</td>
<td>$20.8</td>
<td>$185.00</td>
<td>$104.0K</td>
<td>464</td>
<td>150</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$6.35</td>
<td>$6.2</td>
<td>$6.3</td>
<td>$200.00</td>
<td>$95.7K</td>
<td>202</td>
<td>220</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.9</td>
<td>$3.75</td>
<td>$3.9</td>
<td>$220.00</td>
<td>$88.9K</td>
<td>8.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/24/24</td>
<td>$2.08</td>
<td>$2.0</td>
<td>$2.0</td>
<td>$197.50</td>
<td>$61.3K</td>
<td>1.1K</td>
<td>317</td>
</tr>
</tbody>
</table>

<h3>About Texas Instruments</h3>
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Following our analysis of the options activities associated with Texas Instruments, we pivot to a closer look at the company's own performance.
<h3>Current Position of Texas Instruments</h3>
<ul>
<li>Trading volume stands at 1,891,336, with TXN's price down by -1.04%, positioned at $197.13.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 63 days.</li>
</ul>
<h3>Expert Opinions on Texas Instruments</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $191.0.
<ul>
<li>An analyst from Rosenblatt has revised its rating downward to Buy, adjusting the price target to $210. </li>
<li>In a cautious move, an analyst from Jefferies downgraded its rating to Hold, setting a price target of $175. </li>
<li>Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on Texas Instruments with a target price of $170. </li>
<li>An analyst from JP Morgan has decided to maintain their Overweight rating on Texas Instruments, which currently sits at a price target of $195. </li>
<li>Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Texas Instruments, targeting a price of $205. </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 Texas Instruments with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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

Deep-pocketed investors have adopted a bearish approach towards Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</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 LYV usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Live Nation Entertainment. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 20% leaning bullish and 50% bearish. Among these notable options, 2 are puts, totaling $331,775, and 8 are calls, amounting to $414,193.
<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 $95.0 and $120.0 for Live Nation Entertainment, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Live Nation Entertainment's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Live Nation Entertainment's significant trades, within a strike price range of $95.0 to $120.0, over the past month.
<h3>Live Nation Entertainment Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716308138_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>LYV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.4</td>
<td>$19.6</td>
<td>$20.4</td>
<td>$120.00</td>
<td>$306.0K</td>
<td>44</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$9.0</td>
<td>$8.6</td>
<td>$8.6</td>
<td>$95.00</td>
<td>$105.7K</td>
<td>5.2K</td>
<td style="text-align: right;">132</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$8.8</td>
<td>$8.1</td>
<td>$8.1</td>
<td>$95.00</td>
<td>$73.7K</td>
<td>5.2K</td>
<td style="text-align: right;">257</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$3.7</td>
<td>$3.6</td>
<td>$3.65</td>
<td>$110.00</td>
<td>$62.5K</td>
<td>671</td>
<td style="text-align: right;">171</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$3.7</td>
<td>$3.6</td>
<td>$3.7</td>
<td>$110.00</td>
<td>$60.7K</td>
<td>671</td>
<td style="text-align: right;">401</td>
</tr>
</tbody>
</table>

<h3>About Live Nation Entertainment</h3>
Live Nation is the largest live entertainment firm in the world, operating in 49 countries at the end of 2023 through its concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls or influences 373 venues, including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 620 million tickets for over 10,000 clients in 2023. Live Nation also includes an artist management agency. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans.
Having examined the options trading patterns of Live Nation Entertainment, 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 Live Nation Entertainment</h3>
<ul>
<li>With a trading volume of 1,045,293, the price of LYV is up by 1.38%, reaching $100.8.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 65 days from now.</li>
</ul>
<h3>Expert Opinions on Live Nation Entertainment</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $119.6.
<ul>
<li>Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for Live Nation Entertainment, targeting a price of $122. </li>
<li>Showing optimism, an analyst from Redburn Atlantic upgrades its rating to Buy with a revised price target of $115. </li>
<li>An analyst from Deutsche Bank has revised its rating downward to Buy, adjusting the price target to $120. </li>
<li>Consistent in their evaluation, an analyst from Roth MKM keeps a Buy rating on Live Nation Entertainment with a target price of $120. </li>
<li>Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on Live Nation Entertainment with a target price of $121. </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 Live Nation Entertainment with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Live Nation Entertainment

AGFY

Agrify shares are trading higher. The company reported Q1 financial results.

GTBP

GT Biopharma shares are trading lower after the company announced a $3.2 million registered direct offering of 740,000 shares of common stock at $4.35 per share.

JP Morgan analyst Jessica Fye maintains United Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UTHR#NASDAQ">UTHR</a>) with a Overweight and raises the price target from $280 to $300.

UTHR

JP Morgan Maintains Overweight on United Therapeutics, Raises Price Target to $300

A new biopic about former President Donald Trump has stirred controversy after premiering at the Cannes Film Festival <a href="https://www.benzinga.com/general/entertainment/24/04/38212867/donald-trump-biopic-gets-cannes-film-festival-premiere-heres-the-details-when-moviegoers-co">earlier this week.</a>
The film's director is ready for the world to see the film ahead of the 2024 election and is not scared by potential legal action from Trump.
What Happened: Trump biopic "The Apprentice" premiered at Cannes Film Festival and saw an<a href="https://www.benzinga.com/general/entertainment/24/05/38931874/trump-campaign-threatens-legal-action-over-controversial-new-biopic-about-ex-president-that"> eight-minute standing ovation</a> after its conclusion.
The film stars Sebastian Stan as Trump and Jeremey Strong as Roy Cohn. The relationship between Cohn and Trump as a mentor and protegee storyline is the main focus of the movie, set in the 1970s and 1980s.
&#8220;It charts a young Donald Trump&#8217;s ascent to power through a Faustian deal with the influential right-wing lawyer and political fixer Roy Cohn,&#8221; the synopsis reads.
The movie has prompted calls of a lawsuit from Trump's team. Trump's spokesperson Steven Cheung told <a href="https://variety.com/2024/film/news/donald-trump-movie-the-apprentice-dan-snyder-feud-1236010060/">Variety </a>that the film was "pure fiction" and was possible election interference.
"This ‘film' is pure malicious defamation, should not see the light of day, and doesn't even deserve a place in the straight-to-DVD section of a bargain bin at a soon-to-be-closed discount movie store, it belongs in a dumpster fire," Cheung said.
The film's director Ali Abbasi has fought back against the potential lawsuit.
"There is no nice metaphorical way to deal with fascism," Abbasi <a href="https://variety.com/2024/film/festivals/the-apprentice-director-responds-donald-trump-lawsuit-screen-movie-1236011398/">said</a>. "It's time to make movies relevant. It's time to make movies political again."
The film has sparked controversy with scenes depicting the alleged rape of Trump's first wife, Ivana Trump, racial discrimination in Trump's real estate business, drug use for weight loss, and other actions that cast the former president in a negative light. Ivana initially spoke out about the rape after their divorce but recanted her statement years later.
After news of a potential lawsuit from Trump's team circulated, Abbasi responded and offered to screen the movie for the former president, according to <a href="https://deadline.com/2024/05/donald-trump-the-apprentice-cannes-sebastian-stan-1235925312/">Deadline</a>.
"Everybody talks about him suing a lot of people – they don't talk about his success rate though, you know?"
Abbasi said that Trump and his team might be surprised by the movie.
"I don't necessarily think that this is a movie he would dislike. I don't necessarily think he would like it. I think he would be surprised, you know?
Related Link: <a href="https://www.benzinga.com/general/entertainment/23/11/36035853/playing-donald-trump-on-film-actor-goes-from-playing-marvel-superhero-musician-tommy-lee-ro">Playing Donald Trump On Film: Actor Goes From Playing Marvel Superhero, Musician Tommy Lee, Robinhood Founder Vlad Tenev To Former President</a>
What's Next: As previously reported by Benzinga, the film premiering at the Cannes Film Festival surprised some movie experts. Principal photography began in November 2023 and wrapped up in January 2024.
Many expected the film to make a premiere at a film festival in August or September 2024 given the timeline. With a premiere at Cannes, the film could now hit theaters or a streaming platform ahead of the 2024 election.
"We have a promotional event coming up called U.S. Election that is going to help us with the movie. The second debate is going to be Sept. 15, something like that, so that's a good release date I would say," Abbasi said.
The big question will be how much interest the movie sees given the controversy and potential lawsuits that could delay its launch.
Billionaire Dan Snyder, who previously owned the Washington Commanders, is one of the investors of "The Apprentice" movie. Snyder is said to be displeased with the final film, according to Variety.
Snyder has previously donated over $1 million to Trump's presidential efforts in the 2016 and 2020 elections according to the report. The billionaire invested in the movie believing it would portray Trump positively, according to the report.
Other investors in the film also include the Irish and Danish governments and Justin Trudeau's Canadian government, Variety reported.
The launch of the controversial film comes as Trump is facing criminal charges in a trial that alleges he falsified business records related to <a href="https://www.benzinga.com/general/politics/24/04/38326553/trump-hush-money-trial-has-12-jurors-here-are-the-7-men-5-women-to-decide-former-presidents-fate">hush money payments</a> made to adult actress Stormy Daniels.
Read Next:<a href="https://www.benzinga.com/general/politics/24/05/38923614/trump-vs-biden-hush-money-trial-fails-to-dampen-support-trump-maintains-1-point-lead-in-2024-ele"> Trump Vs. Biden: Hush Money Trial Fails To Dampen Support, Trump Maintains 1-Point Lead In 2024 Election Poll</a>
Photo: Shutterstock

Entertainment

Politics

Trump Movie Director Claps Back At Criticism, Lawsuit Threats: 'No Nice Metaphorical Way To Deal With Fascism'

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Onfolio Holdings shares are trading higher after the company reported a year-over-year increase in Q1 financial results.

JP Morgan analyst Stephanie Yee maintains UL Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ULS#NYSE">ULS</a>) with a Overweight and raises the price target from $39 to $40.

JP Morgan Maintains Overweight on UL Solutions, Raises Price Target to $40

TD Cowen analyst Kevin Kopelman maintains Trip.com Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) with a Buy and raises the price target from $53 to $63.

TCOM

TD Cowen Maintains Buy on Trip.com Group, Raises Price Target to $63

A rally in meme stocks like GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and AMC Entertainment Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) appears to be short-lived after the return and recent <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38797959/keith-gills-roaring-kitty-comeback-sparks-1400-surge-of-kitty-themed-meme-coin">farewell from Roaring Kitty on social media</a>.
What Happened: A quick look at the WallStreetBets forum on Reddit takes a while to find a trending post on GameStop or AMC. Investors seem to have shifted their attention.
The top trending stocks on the popular forum for retail traders are:
<ul>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which is <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38928987/nvidia-q1-earnings-preview-analysts-anticipate-strong-results-top-ai-stock-best-sec">set to report first-quarter</a> financial results Wednesday after market close; its report could have an impact on the overall stock market as one of the top companies and growth stocks.</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), a constantly trending stock, whose shareholders are voting in the run-up to the June 13 annual meeting on whether CEO Elon Musk&#8216;s 2018 $56 billion compensation package will be reapproved or not.</li>
<li>Nikola Corporation (NASDA: NKLA), which is <a href="https://www.benzinga.com/markets/equities/24/05/38940882/why-is-nikola-stock-surging-today">seeing shares trade higher</a> on Tuesday after announcing a 100-truck order for hydrogen fuel cell electric vehicles.</li>
</ul>
Related Link: <a href="https://www.benzinga.com/etfs/sector-etfs/24/05/38901285/exclusive-gamestop-amc-buzz-may-prove-to-be-short-lived-ceo-of-company-behind-meme-etf-tells-ben">EXCLUSIVE: GameStop, AMC Buzz &#8216;May Prove To Be Short-Lived,&#8217; CEO Of Company Behind MEME ETF Tells Benzinga</a>
Several stocks that make frequent appearances in posts that have been upvoted by the community include:
<ul>
<li>Hims and Hers Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>): The health product company received several positive mentions from a trader who recommended the stock, which soared Monday during the trading session. It also <a href="https://www.benzinga.com/news/24/05/38922246/wellness-platform-hims-hers-health-adds-glp-1-injections-for-weight-loss-stock-soars">announced new weight-loss drug products </a>that are lower in cost than other popular options on the market.</li>
<li>Tandem Diabetes Care (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNDM#NASDAQ">TNDM</a>) also gets several positive mentions on the forum including a post that recommends the stocks as a buyout candidate.</li>
</ul>
Why It's Important: In 2021, GameStop and AMC and other meme stocks were the talk of the town. The stocks may have seen an increase in mentions on the forum last week, investors are already turning their attention elsewhere.
Shares of meme stocks were highly volatile last week <a href="http://Who Is Roaring Kitty? Why Does His Return To Social Media Matter For GameStop Stock?">thanks to the return of</a> Roaring Kitty on X. 
The key figure in the 2021 short squeeze movement shared a meme and several video clips on his X account before posting a <a href="https://www.benzinga.com/trading-ideas/24/05/38922165/roaring-kitty-phones-home-gamestop-influencer-goes-silent-after-e-t-movie-clip-signals-potential-go">cryptic goodbye clip</a> from the movie "E.T." on Friday, May 17.
The end of Roaring Kitty posting on X could be one factor impacting the short-lived move. Another item is offerings, with AMC announcing a debt-to-equity swap and GameStop <a href="https://www.benzinga.com/news/earnings/24/05/38895624/gamestop-shares-fall-on-offering-one-shouldnt-buy-stocks-just-because-they-are-going-up-fund-manage">filing for an at-the-market offering.</a> 
These moves could dilute existing shareholders and hurt public interest in the stocks.
AMC has also warned on the current second-quarter box office performance, which could have investors worried.
Along with the at-the-market offering, GameStop announced preliminary first-quarter results, which were below estimates from analysts.
GameStop shares closed at $17.46 on Friday, May 10 and opened for trading at $26.34 on Monday, May 13. With shares currently trading at $21.69, most investors who bought in after Roaring Kitty posted on Sunday and Monday would be sitting on a loss on their position.
Despite the current losses, investors who bought shares of GameStop one month ago or at the start of the year would be up 113% and 24% respectively as shares had already started trading higher prior to Roaring Kitty's return.
Price Action: AMC stock is currently trading at $4.94 per share, up 2.3%. It traded at $2.91 at close on Friday, May 10 and opened for trading at $3.52 on Monday, May 13. 
AMC stock is down 89% over the last year and down 21% year-to-date in 2024, which means the entry at the start of last week could be one of the limited periods of profiting on the stock.
Read Next: <a href="https://www.benzinga.com/general/entertainment/24/05/38929386/amc-stock-rallies-monday-can-great-success-of-billie-eilish-concert-film-offset-q2-box-offi">AMC Stock Rallies Monday: Can &#8216;Great Success&#8217; Of Billie Eilish Concert Film Offset Q2 Box Office Weakness?</a>

Hims & Hers Health, Inc. Class A Common Stock

HIMS

NKLA

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TNDM

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Meme Stocks GameStop, AMC Fade In Interest After Roaring Kitty Exit: Here's What WallStreetBets Is Eyeing Next

JP Morgan analyst Eric Joseph maintains PTC Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTCT#NASDAQ">PTCT</a>) with a Overweight and raises the price target from $43 to $53.