INCEPTION GROWTH ACQUISITION LTD RT Stock (OTC: IGTAR)

Latest news for INCEPTION GROWTH ACQUISITION LTD RT (OTC:IGTAR) Stock

INCEPTION GROWTH ACQUISITION LTD RT

RBC Capital analyst Karl Shepard maintains Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) with a Sector Perform and raises the price target from $190 to $200.

News

Price Target

Analyst Ratings

RBC Capital Maintains Sector Perform on Capital One Finl, Raises Price Target to $200

Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) is committed to restoring parts of Brazil&#8217;s Amazon and Atlantic forests <a href="https://www.benzinga.com/topic/climate-change" target="_blank" rel="noreferrer noopener">for carbon credits</a>.
The company <a target="_blank" href="https://www.ft.com/content/3ac7e92f-bea5-4460-8791-23a2697d8b80" rel="noreferrer noopener">told</a> the Financial Times it inked a deal to buy 3.5 million credits over two years from Brazil startup Re.green.
The deal could be worth approximately $200 million.
In 2023, Microsoft&#8217;s carbon footprint exceeded 17 million tons of carbon dioxide, a 40% increase from 2020.
Also Read: <a href="https://www.benzinga.com/tech/25/01/43008511/broadcoms-latest-san-switch-offers-scalable-energy-efficient-solution-for-growing-storage-demands" target="_blank" rel="noreferrer noopener">Broadcom&#8217;s Latest SAN Switch Offers Scalable, Energy-Efficient Solution for Growing Storage Demands</a>
Data Center Growth: Big Tech giants, including Microsoft, Alphabet Inc.&#8217;s (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>) Google and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), remain invested in their data center endeavors, ramping up energy consumption and putting pressure on emission control promises.
The Trump administration deprioritized curbing climate change and prioritized boosting fossil fuel production in the U.S., citing data center energy challenges.
Goldman Sachs flagged <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41731110/goldman-sachs-sees-early-stages-of-nuclear-renaissance-in-us-analysts-highlight-top" target="_blank" rel="noreferrer noopener">data center energy</a> needs rising 165% by 2030 from 2023, pushing Big Tech, such as Alphabet, Amazon and Microsoft towards nuclear energy solutions.
Carbon Credits and Big Tech: Re.green CEO Thiago Picolo told the Financial Times that U.S.-based tech companies remain the biggest buyers of carbon credits linked to nature restoration projects.
In 2024, Alphabet, Meta Platforms, Microsoft and Salesforce shared plans to buy 20 million tons of these by the decade&#8217;s end.
Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) invested $205 million&nbsp;in exchange for tax credits from ethanol producer Harvestone Low Carbon Partners&#8217; <a href="https://www.benzinga.com/markets/equities/24/09/40729471/bank-of-america-makes-largest-ever-investments-in-carbon-capture-bets-205m-on-a-cleaner-planet-r" target="_blank" rel="noreferrer noopener">carbon capture project</a> at a North Dakota ethanol plant.
Amazon founder Jeff Bezos has been a <a href="https://www.benzinga.com/markets/equities/24/09/40670507/jeff-bezoss-earth-fund-under-scrutiny-for-potential-influence-on-carbon-credit-market-amid-amazo" target="_blank" rel="noreferrer noopener">significant climate change advocate</a>. In February 2020, he&nbsp;committed $10 billion&nbsp;to the Bezos Earth Fund to support scientists, activists and NGOs in combating climate change.
Additionally,&nbsp;Microsoft co-founder Bill Gates, another major player in climate change initiatives, voiced his desire for Elon Musk&nbsp;to be more vocal about climate change. Gates, along with Bezos and&nbsp;Alibaba Group Holding co-founder Jack Ma have been climate-focused investment advocates through&nbsp;Breakthrough Energy Ventures, which&nbsp;raised $839 million&nbsp;for its third flagship fund.
MSFT Price Action: Microsoft stock is up 3.83% at $444.92 at publication Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/media/25/01/43004444/intel-plans-to-spin-off-5-billion-venture-capital-segment-will-remain-anchor-investor" target="_blank" rel="noreferrer noopener">Intel Plans To Spin Off $5 Billion Venture Capital Segment, Will Remain Anchor Investor</a></li>
</ul>
Photo: Shutterstock

Government

Regulations

Global

Media

AMZN

GOOG

GOOGL

MSFT

Microsoft Invests In Carbon Credits To Restore Amazon Rainforest, Faces Challenges From Data Center Growth, Trump's Fossil Fuel Focus

Cerence Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNC#NASDAQ">CRNC</a>) shares surged on Wednesday after Needham analyst Nick Doyle upgraded the stock from Hold to Buy <a target="_blank" href="https://www.benzinga.com/quote/crnc/analyst-ratings" rel="noreferrer noopener">with a price target of $16</a>.
The analyst is bullish on the stock as he expects LLM-based voice assistants to drive higher price per unit (PPU), aligning with automakers&#8217; push for cost efficiency while preserving premium branding.
The analyst writes that strong management, prudent debt actions, improved cash flow assumptions from deferred revenue, rising PPU confidence, a normalized fixed contract balance by December 2026, and conservative near-term operating expense estimates provide confidence in the stock.
The analyst is confident that new CEO Brian Krzanich, with his extensive experience, vision, and industry connections, will transform Cerence&#8217;s Voice Assistant from a desirable option to an essential tool.
The analyst&#8217;s FY25/26 OpEx estimates remain unchanged, with projected growth at about half the revenue rate in FY27.
Meanwhile, Doyle increased the FY26 ASP estimate to $3.58 from $3.38.
While the upgrade is not directly tied to the <a target="_blank" href="https://www.benzinga.com//node/42788039" rel="noreferrer noopener">NVIDIA </a><a target="_blank" href="https://www.benzinga.com//node/42788039" rel="noreferrer noopener">partnership extension</a>, the analyst sees near-term software enhancements and a unique long-term go-to-market opportunity with edge LLMs.
Doyle anticipates a $20 million revenue boost in FY27 as the &#8216;Fixed Contract Balance&#8217; headwind dissipates.
The analyst estimates the balance at ~$43 million at the end of fourth-quarter FY24, with CRNC likely to reduce it by ~$20 million annually in FY25 and FY26, eliminating the headwind by the first quarter of FY27.
The company plans to announce first quarter<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> results on February 6, 2025</a>.
Price Action: CRNC shares are up 6.88% at $14.60 at the last check Wednesday.
Image via Shutterstock.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/43134430" target="_blank" rel="noreferrer noopener">Jamie Dimon Plans To Help Elon Musk As Much As He Can: &#8216;The Guy Is Our Einstein&#8217;</a></li>
</ul>

Analyst Color

Equities

Upgrades

Small Cap

Movers

Trading Ideas

CRNC

Cerence CEO Has Vision And Connections To Turn Company's Voice Assistant From 'Want-To-Have' To 'Need-To-Have': Analyst Upgrades Stock

Gold surged to $2,760 per ounce on Jan. 22, hitting an 11-week high and eyeing its <a href="https://www.benzinga.com/markets/commodities">fourth consecutive weekly gain.</a>
The rally is being fueled by mounting geopolitical tensions as Donald Trump returns to the White House, stoking fears of potential trade and diplomatic disruptions with key partners like Mexico, Canada, China, and the European Union. What makes the recent gold&#8217;s rally even more remarkable is that it's happening alongside a stronger U.S. dollar, a dynamic that traditionally weighs on gold prices. 
During a VanEck webinar on Wednesday, portfolio manager Imaru Casanova highlighted a major force driving the bullion market. &#8220;Central banks are emerging as a key demand driver for gold prices,&#8221; she said, while highlighting that Western investors have largely been absent from this rally.
Seasonality is also working in gold's favor. Historically, January has been the best-performing month for the metal. Over the past 24 years, gold has averaged a 2.6% gain in January, outpacing August, the second-best month, which has returned 1.8% on average.
See Also: <a href="https://www.benzinga.com/news/global/25/01/43135622/coffee-prices-soar-to-record-highs-could-starbucks-face-margin-squeeze">Coffee Prices Soar To Record Highs: Could Starbucks Face Margin Squeeze?</a>
<h2 class="wp-block-heading">Gold Miners Surge, But They're Still Playing Catch-Up</h2>
Gold miners have joined the rally, but their performance still lags behind the metal itself. 
The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) has climbed more than 10% in January, setting up its strongest monthly performance since July 2024, when it gained nearly 12%. In relative terms, gold miners are the second best-performing stock industry in January, behind semiconductors which rallied 12%. 
Yet, looking at the bigger picture, miners remain deeply undervalued relative to gold. While gold prices have soared nearly 40% since their 2011 peak, mining stocks are still trading 40% below their all-time highs.
Casanova indicated that the lack of investor interest in gold equities has been one of the main reasons miners have struggled to keep pace with gold. Even as the metal continues to reach new highs, investor demand for gold stocks has remained muted.
The expert highlighted the valuation gap between gold and miners won't last forever. 
One major issue holding back miners is that Western investors have largely abandoned gold as an asset class, despite central banks aggressively buying physical gold. Casanova made it clear: &#8220;Gold stocks have not been able to keep pace with gold because central banks don't buy gold stocks, they buy gold metal.&#8221;
However, that could change in 2025. If institutional investors start returning to gold as a hedge against inflation, economic uncertainty, and geopolitical risks, mining stocks could be set for significant outperformance.
&#8220;We think market participants may no longer be able to ignore that there is a very compelling case for owning gold equities given these valuations,&#8221; Casanova said.
Historically, gold mining stocks have been a leveraged play on gold, meaning they should outperform the metal itself when prices rise. That hasn't happened this time. 
Casanova said, &#8220;When gold price increases, if margins are also expanding, then the cash flow generation of these companies increases at an even lower base than the increase in the whole price.&#8221;
Despite this, gold miners are currently more profitable than ever. In 2024, gold prices averaged $2,400 per ounce, a 23% increase from 2023 levels. At the same time, cost inflation has stabilized, allowing gold producers to maintain profit margins exceeding $1,000 per ounce.
<h2 class="wp-block-heading">Miners Are Choosing Discipline Over Growth</h2>
Instead of focusing on aggressive expansion, mining companies have shifted toward financial discipline. 
As Casanova indicated, the industry has prioritized balance sheet strength, cost control, and returning capital to shareholders through dividends and stock buybacks. &#8220;We see a sector that is really focused on that versus just getting bigger for the sake of getting bigger. We see discipline when it comes to capital allocation, whether it's in the form of returning to investors in the form of dividends or share buybacks, or just being very disciplined with capital allocation,&#8221; she said. That strategy has helped improve operational efficiency and extend mine life, but investors have yet to reward it. 
The key question now is whether this approach will finally start attracting institutional money back into gold equities.
With gold prices holding near record highs, and geopolitical risks escalating, the stage is set for a potential shift in investor sentiment. If Western investors return to gold, mining stocks may finally deliver the outperformance that has long been expected. 
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/etfs/emerging-market-etfs/25/01/43130930/trump-looking-at-10-tariff-on-china-starting-feb-1">Trump &#8216;Looking At&#8217; 10% Tariff On China Starting Feb. 1</a></li>
</ul>
Image: Shutterstock

Large Cap

Sector ETFs

Commodities

ETFs

Market Vectors ETF Trust Market Vectors Gold Miners

Gold's Blowout Rally Puts Spotlight On Miners: Will They Finally Catch Up?

WIIM

CDNS

Cadence Design Systems shares are trading higher after the company announced MediaTek is adopting its AI-enhanced custom/analog design solutions to achieve productivity gains.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$145.00</td>
<td>$58.2K</td>
<td>57.4K</td>
<td>96.8K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$222.50</td>
<td>$41.6K</td>
<td>13.9K</td>
<td>35.3K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$74.00</td>
<td>$51.3K</td>
<td>18.2K</td>
<td>23.2K</td>
</tr>
<tr>
<td>ARM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$170.00</td>
<td>$41.0K</td>
<td>3</td>
<td>7.0K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$450.00</td>
<td>$96.4K</td>
<td>18.8K</td>
<td>6.6K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$61.00</td>
<td>$28.3K</td>
<td>3.3K</td>
<td>5.4K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/07/25</td>
<td>$230.00</td>
<td>$46.8K</td>
<td>2.7K</td>
<td>2.8K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$22.50</td>
<td>$88.4K</td>
<td>1.8K</td>
<td>2.7K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$240.00</td>
<td>$36.7K</td>
<td>5.7K</td>
<td>2.4K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$17.00</td>
<td>$30.0K</td>
<td>2.2K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 24, 2025. Parties traded 208 contract(s) at a $145.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $58.2K, with a price of $280.0 per contract. There were 57438 open contracts at this strike prior to today, and today 96831 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on January 24, 2025. Parties traded 200 contract(s) at a $222.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $41.6K, with a price of $208.0 per contract. There were 13931 open contracts at this strike prior to today, and today 35383 contract(s) were bought and sold. 
• Regarding PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we observe a call option trade with bearish sentiment. It expires in 2 day(s) on January 24, 2025. Parties traded 147 contract(s) at a $74.00 strike. The total cost received by the writing party (or parties) was $51.3K, with a price of $349.0 per contract. There were 18203 open contracts at this strike prior to today, and today 23277 contract(s) were bought and sold. 
• Regarding ARM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), we observe a put option trade with bullish sentiment. It expires in 2 day(s) on January 24, 2025. Parties traded 250 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $41.0K, with a price of $164.0 per contract. There were 3 open contracts at this strike prior to today, and today 7009 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 58 day(s) on March 21, 2025. This event was a transfer of 67 contract(s) at a $450.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $96.4K, with a price of $1440.0 per contract. There were 18805 open contracts at this strike prior to today, and today 6654 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option trade that happens to be bearish, expiring in 58 day(s) on March 21, 2025. This event was a transfer of 10 contract(s) at a $61.00 strike. The total cost received by the writing party (or parties) was $28.3K, with a price of $2835.0 per contract. There were 3344 open contracts at this strike prior to today, and today 5407 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a call option sweep that happens to be bullish, expiring in 16 day(s) on February 7, 2025. This event was a transfer of 106 contract(s) at a $230.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $46.8K, with a price of $445.0 per contract. There were 2767 open contracts at this strike prior to today, and today 2891 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a put option sweep that happens to be bearish, expiring in 30 day(s) on February 21, 2025. This event was a transfer of 486 contract(s) at a $22.50 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $88.4K, with a price of $182.0 per contract. There were 1885 open contracts at this strike prior to today, and today 2755 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on January 24, 2025. This event was a transfer of 50 contract(s) at a $240.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $36.7K, with a price of $735.0 per contract. There were 5757 open contracts at this strike prior to today, and today 2482 contract(s) were bought and sold. 
• For CORZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>), we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on January 31, 2025. This event was a transfer of 1000 contract(s) at a $17.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $30.0 per contract. There were 2216 open contracts at this strike prior to today, and today 1042 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AAPL

AVGO

Core Scientific, Inc. - Class A Common Stock

CORZ

INTC

NVDA

PLTR

SMCI

10 Information Technology Stocks With Whale Alerts In Today's Session

Raymond James analyst Brian MacArthur maintains Teck Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TECK#NYSE">TECK</a>) with a Outperform and lowers the price target from $75 to $70.

TECK

Raymond James Maintains Outperform on Teck Resources, Lowers Price Target to $70

Rail Vision Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVSN#NASDAQ">RVSN</a>) shares are trading higher after the company inked a binding memorandum of understanding with Sujan Ventures in India to introduce its safety <a href="https://www.benzinga.com/pressreleases/25/01/g43124490/rail-vision-enters-indian-market-with-an-agreement-to-potentially-supply-safety-systems-for-thousa" target="_blank" rel="noreferrer noopener">systems to the Indian railway market</a>.
Sujan Ventures will make an initial upfront payment to the company, with additional payments tied to milestone completion.
As per the deal, Sujan Ventures will spearhead efforts to introduce Rail Vision&#8217;s advanced safety systems in India.
Rail Vision will first conduct a short trial at the customer&#8217;s facilities to showcase its technology.
Upon customer approval, both parties plan to formalize a definitive agreement to advance their collaboration.
Sujan Ventures will have exclusive rights to negotiate and secure a distribution agreement for the Company&#8217;s solutions in India.
This collaboration aims to integrate Rail Vision&#8217;s technologies into future tenders and projects, enhancing rail safety with advanced accident avoidance systems, especially in adverse weather.
Rail Vision CEO Shahar Hania said, &#8220;The opportunity to penetrate the vast and dynamic Indian rail market with our safety systems is truly exciting. We believe that a successful collaboration with Sujan Ventures and a strong presence in India could elevate Rail Vision to a new level in the rail safety and technology market.&#8221;
Sujan Ventures CEO Brijesh Sujan stated, &#8220;With our partnership, we are proud to support Rail Vision&#8217;s solutions to become fully compliant with ‘Make in India&#8217; initiatives, which will empower Indian Railways to deploy advanced, locally-sourced safety systems without compromising on global standards.&#8221;
Price Action: Rail Vision shares are up 6.19% at $0.9351 at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/43127416" target="_blank" rel="noreferrer noopener">Anthropic Gains Big With Google Backing, Aims for&nbsp;$60 Billion&nbsp;Valuation and Surging AI Revenue</a></li>
</ul>
Image: Shutterstock

Contracts

RVSN

Rail Vision Shares Surge After Sujan Ventures Agrees To Advance Safety Systems

Capital One Financial shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results. Barclays maintained an Overweight rating on the stock and raised its price target from $219 to $220.

Live On CNBC, Steve Weiss Announces Bought Booz Allen Hamilton

Raymond James analyst Frederic Bastien upgrades North American (TSX:<a class="ticker" href="https://www.benzinga.com/stock/NOA#TSX">NOA</a>) from Outperform to Strong Buy and maintains the price target from C$40 to C$40.

TSX:NOA

Raymond James Upgrades North American to Strong Buy, Maintains Price Target to C$40

Investors with a lot of money to spend have taken a bearish stance on Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</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 CCL, 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 13 uncommon options trades for Carnival.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 69%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $169,630, and 11 are calls, for a total amount of $434,547.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $13.0 to $30.0 for Carnival during the past quarter. 
<h3>Volume &amp; Open Interest Development</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 Carnival's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Carnival's substantial trades, within a strike price spectrum from $13.0 to $30.0 over the preceding 30 days.
<h3>Carnival Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737567036_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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>CCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$3.45</td>
<td>$3.4</td>
<td>$3.4</td>
<td>$25.00</td>
<td>$127.8K</td>
<td>1.4K</td>
<td>377</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.87</td>
<td>$2.69</td>
<td>$2.69</td>
<td>$30.00</td>
<td>$69.9K</td>
<td>12.7K</td>
<td>270</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$0.46</td>
<td>$0.43</td>
<td>$0.46</td>
<td>$27.00</td>
<td>$59.8K</td>
<td>3.1K</td>
<td>2.7K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$0.43</td>
<td>$0.4</td>
<td>$0.42</td>
<td>$27.00</td>
<td>$54.6K</td>
<td>3.1K</td>
<td>1.4K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$1.09</td>
<td>$1.05</td>
<td>$1.05</td>
<td>$28.00</td>
<td>$47.2K</td>
<td>2.7K</td>
<td>824</td>
</tr>
</tbody>
</table>

<h3>About Carnival</h3>
Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.
Having examined the options trading patterns of Carnival, 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 Carnival</h3>
<ul>
<li>Trading volume stands at 8,336,432, with CCL's price up by 0.06%, positioned at $25.61.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 63 days.</li>
</ul>
<h3>Professional Analyst Ratings for Carnival</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $22.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Underweight rating for Carnival, targeting a price of $22. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Carnival, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Markets

Check Out What Whales Are Doing With CCL

Investors with a lot of money to spend have taken a bullish stance on Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</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 JBL, 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 11 uncommon options trades for Jabil.
This isn't normal.
The overall sentiment of these big-money traders is split between 63% bullish and 36%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $252,270, and 6 are calls, for a total amount of $1,244,060.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $130.0 to $210.0 for Jabil over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Jabil stands at 216.1, with a total volume reaching 2,059.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Jabil, situated within the strike price corridor from $130.0 to $210.0, throughout the last 30 days.
<h3>Jabil Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737567030_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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JBL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.0</td>
<td>$7.5</td>
<td>$8.0</td>
<td>$165.00</td>
<td>$960.0K</td>
<td>1.2K</td>
<td>1.2K</td>
</tr>
<tr>
<td>JBL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.2</td>
<td>$3.9</td>
<td>$3.95</td>
<td>$185.00</td>
<td>$98.7K</td>
<td>12</td>
<td>251</td>
</tr>
<tr>
<td>JBL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$2.7</td>
<td>$2.55</td>
<td>$2.7</td>
<td>$165.00</td>
<td>$81.8K</td>
<td>576</td>
<td>8</td>
</tr>
<tr>
<td>JBL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$23.0</td>
<td>$21.9</td>
<td>$22.8</td>
<td>$175.00</td>
<td>$75.2K</td>
<td>53</td>
<td>2</td>
</tr>
<tr>
<td>JBL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.9</td>
<td>$14.6</td>
<td>$14.6</td>
<td>$160.00</td>
<td>$61.3K</td>
<td>62</td>
<td>42</td>
</tr>
</tbody>
</table>

<h3>About Jabil</h3>
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
After a thorough review of the options trading surrounding Jabil, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Jabil</h3>
<ul>
<li>Trading volume stands at 749,715, with JBL's price up by 1.18%, positioned at $169.55.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 51 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
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 Jabil options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Jabil Unusual Options Activity

Financial giants have made a conspicuous bullish move on Core Scientific. Our analysis of options history for Core Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) revealed 10 unusual trades.
Delving into the details, we found 80% of traders were bullish, while 10% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $219,838, and 5 were calls, valued at $322,045.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $12.0 and $22.0 for Core Scientific, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Core Scientific options trades today is 3410.71 with a total volume of 7,979.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Core Scientific's big money trades within a strike price range of $12.0 to $22.0 over the last 30 days.
<h3>Core Scientific 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737567025_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>CORZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.55</td>
<td>$3.85</td>
<td>$4.55</td>
<td>$22.00</td>
<td>$90.5K</td>
<td>17.2K</td>
<td>399</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$5.35</td>
<td>$3.4</td>
<td>$4.5</td>
<td>$22.00</td>
<td>$90.0K</td>
<td>17.2K</td>
<td>200</td>
</tr>
<tr>
<td>CORZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$3.65</td>
<td>$3.55</td>
<td>$3.55</td>
<td>$17.00</td>
<td>$82.0K</td>
<td>323</td>
<td>231</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$0.36</td>
<td>$0.31</td>
<td>$0.34</td>
<td>$22.00</td>
<td>$68.0K</td>
<td>3.2K</td>
<td>2.0K</td>
</tr>
<tr>
<td>CORZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.3</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$19.00</td>
<td>$44.1K</td>
<td>120</td>
<td>129</td>
</tr>
</tbody>
</table>

<h3>About Core Scientific</h3>
Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.
In light of the recent options history for Core Scientific, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Core Scientific</h3>
<ul>
<li>With a volume of 3,315,230, the price of CORZ is up 1.64% at $15.52. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 48 days.</li>
</ul>
<h3>Professional Analyst Ratings for Core Scientific</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $21.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $18. 
&#x2A; An analyst from Craig-Hallum downgraded its action to Buy with a price target of $24. 
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 Core Scientific options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

A Closer Look at Core Scientific's Options Market Dynamics

Raymond James analyst Frederic Bastien maintains Stantec (TSX:<a class="ticker" href="https://www.benzinga.com/stock/STN#TSX">STN</a>) with a Market Perform and raises the price target from C$120 to C$130.

TSX:STN

Raymond James Maintains Market Perform on Stantec, Raises Price Target to C$130

Illinois Gov.<a href="https://www.benzinga.com/topic/jb-pritzker"> J.B. Pritzker</a> reaffirmed his commitment to protecting immigrant residents lacking permanent legal status in response to President Donald Trump's <a href="https://www.benzinga.com/government/regulations/25/01/43084601/trump-day-1-executive-order-tsunami-incoming-energy-inflation-immigration-in-focus-but-what-about-tariffs">promised crackdown</a>, which was expected to get underway in Chicago.
Pritzker says he supports deporting individuals convicted of violent crimes but not law-abiding workers who are living in the country without permission. 
"I want criminals off the streets, and law enforcement officers to do their jobs," the Democratic governor <a href="https://www.nbcchicago.com/news/local/chicago-politics/pritzker-promises-to-uphold-states-immigration-laws-amid-possible-ice-raids/3652713/">said</a> in an interview with NBC Chicago published Tuesday. "Undocumented people who are law-abiding and holding down jobs shouldn't be arrested just because they're undocumented."
Pritzker's remarks counter plans by Tom Homan, Trump's proposed border czar, who has pledged to dismantle state and local policies limiting federal enforcement. While fears of Immigration and Customs Enforcement raids have intensified, no verified reports of immediate actions had surfaced as of Wednesday, <a href="https://www.wbez.org/immigration/2025/01/21/despite-reports-of-tuesday-immigration-raid-chicago-was-quiet-on-trumps-first-full-day-in-office">according</a> to WBEZ Chicago.
Read Also: <a href="https://www.benzinga.com/startups/25/01/42881696/trumps-immigration-plan-faces-multi-billion-dollar-hurdles-and-delays-according-to-wsj">Trump&#8217;s Immigration Plan Faces Multi-Billion-Dollar Hurdles And Delays According To WSJ</a>
<h2 class="wp-block-heading">Negative Impact On Chicago&#8217;s Economy Could &#8216;Last For Years&#8217; </h2>
Trump's deportation policies are expected to disrupt key sectors of Chicago&#8217;s economy, heavily reliant on immigrant labor. The hospitality and restaurant industry is preparing for potential ICE raids, though fears and misinformation have already reduced business activity and patronage. 
Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-01-21/threat-of-immigration-raids-turns-chicago-hub-into-ghost-town?sref=TBDibEcD">reported</a> the second busiest retail corridor in Chicago, normally a bustling area with taco shops and Mexican grocery stores, is like a ghost town.
"It's going to be disastrous," said Jennifer Aguilar, who heads the local chamber of commerce and spoke with a number of the 400 or so businesses in the area. "If raids happen and people are too afraid to go out, it's going to be an impact that's going to last for years." 
McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), which is headquartered in Chicago, could face operational challenges and decreased consumer spending as the result of fear within immigrant communities.
Beyond Chicago, Illinois' agricultural and food processing industries could also experience supply chain disruptions.
Companies like Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) and Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>), which rely on global as well migrant workforces in their supply chains, could be affected by Trump&#8217;s threatened deportations.
<h2 class="wp-block-heading">Private Prisons Continue To Fare Well</h2>
Private prison operators like GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) and CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>), the two largest in the U.S., both have contracts with ICE to house detained undocumented individuals. According to a 2023 ACLU <a href="https://wp.api.aclu.org/news/immigrants-rights/unchecked-growth-private-prison-corporations-and-immigration-detention-three-years-into-the-biden-administration" target="_blank" rel="noreferrer noopener">report</a>, over 90% of migrants detained by ICE are held in privately owned facilities. As such, both companies&#8217; <a href="https://www.benzinga.com/24/12/42692787/private-prisons-poised-to-prosper-in-second-trump-term">stocks are on the rise</a> over the last year. Geo and CoreCivic were trading lower Wednesday.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/43125408/trump-signs-order-to-withdraw-us-from-who-again-cites-funding-governance-concerns">World Health Organization Responds to Trump&#8217;s Order, Reminds Decades of Successful Health Achievements</a></li>
</ul>
Photo:&nbsp;<a href="https://www.shutterstock.com/es/g/AndreasStroh" target="_blank" rel="noreferrer noopener">Andreas Stroh</a>&nbsp;on Shutterstock.

Politics

Legal

Trump's Immigration Raids Could Disrupt Key Sectors Of Chicago's Economy: Pritzker Says To Focus On Criminals, Not Law-Abiding Workers

Raymond James analyst Frederic Bastien maintains WSP Global (TSX:<a class="ticker" href="https://www.benzinga.com/stock/WSP#TSX">WSP</a>) with a Strong Buy and raises the price target from C$270 to C$310.

TSX:WSP

Raymond James Maintains Strong Buy on WSP Global, Raises Price Target to C$310

<a href="https://www.bloomberg.com/news/articles/2025-01-22/kkr-combines-157-billion-infrastructure-real-estate-businesses?srnd=all" title="https://www.bloomberg.com/news/articles/2025-01-22/kkr-combines-157-billion-infrastructure-real-estate-businesses?srnd=all">https://www.bloomberg.com/news/articles/2025-01-22/kkr-combines-157-billion-infrastructure-real-estate-businesses?srnd=all</a>

Management

'KKR Moves Its Infrastructure And Real Estate Assets Under The Same Leadership; Raj Agrawal Will Become KKR's Global Head Of Real Assets; Raj Agrawal Will Become KKR's Global Head Of Real Assets, Adding To Current Responsibilities As Global Head Of Infrastructure' - Bloomberg News

Comments

INCEPTION GROWTH ACQUISITION LTD RT

News

Latest news for INCEPTION GROWTH ACQUISITION LTD RT (OTC:IGTAR) Stock

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga