American Century ETF Trust American Century Quality Preferred ETF (BATS: QPFF)

American Century ETF Trust American Century Quality Preferred ETF (BATS:QPFF), Quote.Headers.trade-ideas

Financial Services

Real Estate

Utilities

Other

Communication Services

Industrials

Consumer Cyclical

Consumer Defensive

Energy

The portfolio managers will invest at least 80% of the funds net assets, plus any borrowings for investment purposes, in preferred securities issued by US and non-US companies. Preferred securities in which the fund may invest include preferred stock, hybrid preferred securities that have characteristics similar to both preferred stock and debt securities, floating rate preferred securities, junior subordinated debt, senior unsecured debt obligations denominated in dollar 25 par amounts, re-packaged preferred, and convertible securities.

Wells Fargo & Co., Class A, Series L, Conv. Pfd.

NextEra Energy, Inc. 6.926

Jpmorgan Chase & Co Preferred Stock

At&T Inc

Apollo Global Management Preferred Stock 07/26 6.75

Capital One Financial Corp. Series J 5.00%

Affiliated Managers Grou

American Century Quality Preferred ETF

American Century ETF Trust American Century Quality Preferred ETF

<p>KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today.</p>
<p>In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million. This amount includes performance income from a K-Series vehicle that is expected to be crystallized at September 30, 2024. This monetization activity quarter-to-date is made up of approximately 70% realized performance income and approximately 30% realized investment income.</p>
<p>In addition, in its Strategic Holdings segment, KKR has earned net realized investment income of approximately $85 million. This net realized investment income does not include Strategic Holdings Operating Earnings.</p>
<p>Monetization activity across both segments is primarily driven by a combination of public secondary sales and strategic transactions that have closed quarter-to-date, as well as dividends and interest income.</p>


News

KKR Announces Income From Monetization Activity In Excess Of $535M With Respect To The Period From July 1, 2024 Through September 23, 2024

<p><strong>Ellomay Capital Ltd. (NYSE American; TASE: ELLO) ("Ellomay" or the "Company")</strong>, a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, today announced a key achievement in its U.S. strategic growth plan. The Company has successfully entered into an agreement for the sale and transfer of Investment Tax Credits (ITCs) linked to its Fairfield (13.4 MW), Malakoff (13.92 MW), Mexia (11.1 MW), and Talco (10.5 MW) solar projects, all located in the State of Texas, USA. The agreement was executed with a reputable financial institution, with vast experience in executing tax credit transactions.</p>
<p>Through this transaction, the Company expects to receive approximately $19 million from the sale of Investment Tax Credits, representing approximately 32% of the expected total portfolio costs. The sale is facilitated under the Inflation Reduction Act's new transferability provisions, allowing Ellomay to retain 100% of the operating profits from these projects. Funds from the sale of the ITCs generated from a project will be disbursed after such project is placed in service and meets the applicable requirements. The Company expects the Fairfield and Malakoff projects to be placed in service by the end of Q4 2024, and the Mexia and Talco projects to be placed in service by the end of Q2 2025. The agreement includes customary indemnification obligations (for damages not covered by tax insurance policy), including in connection with certain continued eligibility requirements and scope of the ITCs, for which the Company provided a guarantee to the purchaser of the ITCs.</p>


Asset Sales

ELLO

Ellomay Capital Announces An Agreement For The Sale Of Investment Tax Credits From 4 Texas Solar Projects, Expecting To Receive About $19M, Representing 32% Of The Total Portfolio Costs, Under Provisions Allowing The Company To Retain All Operating Profits, With Project Completions Anticipated By Mid-2025

<p>Buoyed by a holistic growth model, <strong>Block </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>) has gained 47.9% over the past year, outperforming the Zacks Business-Services sector&#39;s rally of 26.9% and the S&amp;P 500&#39;s return of 31.1%.</p>
<p>However, the company has underperformed its industry&#39;s rise of 62.9% in the same time frame.</p>
<p>Block&#39;s strong positioning in the digital payments industry on the back of its robust payment and point-of-sale (POS) solutions, which include both hardware and software to accept payments, streamline operations, and analyze business information, is a major positive.</p>
<p>SQ&#39;s comprehensive commerce ecosystem, which enables sellers to combine software, hardware and payment services to accept payments from customers, helps it sustain solid momentum across sellers. Strength Square ecosystem is a plus.</p>
<h2>One-Year Price Performance</h2>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/e2/78855.jpg?v=1624265627" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>Despite this positive scenario, market uncertainties, high inflation, unfavorable foreign exchange fluctuations and sluggish trends in consumer spending are concerning for the company. The normalization trend in the post-pandemic era is negative.</p>
<p>The combination of both risks and rewards is prompting investors to question how they should play the SQ stock.</p>
<h2>Block Rides on Portfolio Strength</h2>
<p>Block has been gaining solid momentum among several sellers across various industries, such as food, retail and services, and geographies, including the United States, Japan, Australia and Canada. The primary factor behind this remains its robust product portfolio, which, in turn, is increasing its Gross Payment Volume (GPV). In the second quarter of 2024, the company processed $61.94 billion of GPV, up 5% year over year.</p>
<p>SQ&#39;s omnichannel offerings, which help sellers create differentiated customer experiences on the back of customer insights by managing orders from POS and eliminating manual aggregation of online and in-person orders, are adding strength to its seller base.</p>
<p>Growing momentum across the Square ecosystem and CashApp ecosystem, which enables the company to provide peer-to-peer payment and digital commercial transaction facilities, is another positive.</p>
<p>Block leverages artificial Intelligence to deliver an enhanced seller experience. Square Online&#39;s Themes and Square for Retail&#39;s AI-generated product descriptions help sellers enhance their customer engagement and automate sales.</p>
<p>Square offers generative AI features to sellers, enabling them to automate operations, speed up workflows and save time.</p>
<p>Block is constantly gaining momentum in the cryptocurrency market on the back of CashApp, which allows users to buy, sell, send and receive bitcoins.</p>
<p>Its decentralized TBD platform, which enables developers to build decentralized finance applications that run on programmable blockchains, is noteworthy.</p>
<p>Block&#39;s self-custody bitcoin wallet, Bitkey, is also boosting its presence in the cryptocurrency space. The company offers Bitkey in more than 95 countries across six continents, allowing users to easily and safely own and manage their bitcoins.</p>
<h2>Strong Partner Base Aids SQ&#39;s BNPL Prospects</h2>
<p>Block&#39;s Afterpay division and strong partner base are boosting its prospects in the &lsquo;buy now, pay later&#39; (BNPL) market.</p>
<p>Afterpay&#39;s partnership with several brands, including Curology, Helzberg Diamonds, Journeys, Rawlings Sporting Goods and Zenni Optical, is noteworthy. These partnerships help Afterpay to deliver an enhanced shopping experience to U.S. customers.</p>
<p>Afterpay also collaborated with various merchants, including Diane von Furstenberg, Diggs, For Eyes and Kendra Scott, to offer installment payments for purchases from these merchants.</p>
<p>Afterpay&#39;s partnership with Rokt in a bid to boost the online shopping experience for customers is another positive. This partnership enables Afterpay and its retail partners to provide relevant advertising experiences to targeted customers during the checkout process using Rokt&#39;s e-commerce solution.</p>
<h2>SQ&#39;s Rising Estimates</h2>
<p>Block&#39;s near-term as well as long-term prospects are expected to benefit from compelling products and solutions, a comprehensive payment ecosystem, and a strong position in the digital payment industry.</p>
<p>For the third quarter of 2024, the Zacks Consensus Estimate for revenues is pegged at $6.17 billion, implying year-over-year growth of 9.8%.</p>
<p>The consensus mark for earnings is pegged at 88 cents per share, suggesting a year-over-year rise of 60%. The estimate has been revised 14.3% upward in the past 60 days.</p>
<p>For 2024, the Zacks Consensus Estimate for revenues is pegged at $24.52 billion, implying year-over-year growth of 11.9%.</p>
<p>The consensus mark for earnings is pegged at $3.60 per share, suggesting a year-over-year rise of 100%. The estimate has been revised 0.6% upward in the past 30 days.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/64/78856.jpg?v=1766539391" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>Attractive Valuation: A Silver Lining For SQ</h2>
<p>Block offers an attractive valuation at current levels.</p>
<p>SQ is trading at a discount, with a forward 12-month Price/Sales of 1.58X compared with the industry&#39;s 6.33X. This reflects a good opportunity for the investors.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/81/78854.jpg?v=1782768029" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>Challenges Being Faced by Block</h2>
<p>Block has been grappling with weakening transaction activities on Cash App and softness in consumer spending trends in food and drink and retail discretionary verticals.</p>
<p>Broader market volatility is acting as a headwind.</p>
<p>Specific challenges associated with the security of payments and money transfer in the digital payments industry, and regulatory uncertainties in the cryptocurrency space are other concerns for SQ.</p>
<p>Increasing pricing pressure due to rising competition from the likes of <strong>PayPal </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) in the peer-to-peer payments space does not bode well. SQ also faces stiff competition from <strong>Affirm </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afrm#NASDAQ">AFRM</a>) in the booming buy now, pay later (BNPL) market.</p>
<h2>Conclusion</h2>
<p>Block&#39;s strong solutions portfolio, rising earnings estimates, strong position in the digital payments industry and attractive valuation present a compelling investment opportunity.</p>
<p>However, macroeconomic uncertainties and unfavorable changes in the consumer spending pattern, which surround Block&#39;s prospects at present, do not bode well.</p>
<p>With a Zacks Rank #3 (Hold), Block appears to be treading in the middle of the road, and investors could be better off if they trade with caution.</p>
<p><a href="https://www.zacks.com/stock/news/2340077/block-surges-47-9-in-a-year-should-sq-stock-be-in-your-portfolio?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2340077">To read this article on Zacks.com click here.</a></p>


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PYPL

Block Surges 47.9% in a Year: Should SQ Stock be in Your Portfolio?

<p>Greystone Housing Impact Investors LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHI#NYSE">GHI</a>) (the "Partnership") announced today that Vantage at Hutto, a 288-unit market rate multifamily property located in Hutto, TX (the "Property"), has been publicly listed for sale by Institutional Property Advisors Texas at the direction of the Property-owning entity's managing member. The Partnership's non-controlling investment in the Property was originated in November 2020 and the Partnership has contributed equity totaling $11.8 million during construction and stabilization. Construction of the Property was completed in December 2023. The Property reported 89% physical occupancy as of August 31, 2024. If the listing process is consistent with past Vantage property sales and a sale contract is successfully executed, then the Partnership expects the sale of the Property to occur in the first quarter of 2025. Current market volatility and potential future market developments may delay the expected timing of the sale and may negatively impact the final sales price for the Property.</p>
<p>Consistent with past Vantage property sales, the managing member controls the listing and sales process under the terms of the Property owning entity's operating agreement (the "Operating Agreement"). The Partnership will be entitled to certain net proceeds upon the successful completion of a sale of the Property in accordance with the Operating Agreement.</p>


Greystone Housing Impact Investors LP Has Listed Vantage At Hutto For Sale, With An $11.8M Investment Since November 2020, Expecting A Potential Sale In Q1 2025, Subject To Market Conditions That Could Affect Timing And Price

Management

SIGI

Selective Insurance Appoints Patrick Brennan As CFO

<p>The Rights Offering is being backstopped by investment funds advised by Pershing Square.</p>
<p>Pershing Square has agreed to (i) exercise its pro rata subscription Right with respect to the Rights Offering and (ii) purchase from the Company, subject to the terms and conditions thereof, at the Rights Offering subscription price of&nbsp;$25.00&nbsp;per share, any shares of the Company&#39;s common stock not purchased upon the expiration of the Rights Offering, up to&nbsp;$175.0 million&nbsp;in the aggregate, such that the aggregate gross proceeds to the Company of the Rights Offering would be&nbsp;$175.0 million.</p>


Seaport Entertainment Commences Previously Announced $175M Rights Offering To Purchase Up To 7M Shares Of Its Common Stock

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Procter &amp; Gamble</strong>.</p>
<p>Looking at options history for Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) we detected 8 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.</p>
<p>From the overall spotted trades, 2 are puts, for a total amount of $166,750 and 6, calls, for a total amount of $496,473.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $145.0 to $185.0 for Procter &amp; Gamble over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Procter &amp; Gamble's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Procter &amp; Gamble's substantial trades, within a strike price spectrum from $145.0 to $185.0 over the preceding 30 days.</p>
<h3>Procter &amp; Gamble Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727122551_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.65</td>
<td>$6.55</td>
<td>$6.63</td>
<td>$175.00</td>
<td>$173.0K</td>
<td>6.2K</td>
<td style="text-align: right;">292</td>
</tr>
<tr>
<td>PG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.59</td>
<td>$2.5</td>
<td>$2.5</td>
<td>$165.00</td>
<td>$125.0K</td>
<td>3.3K</td>
<td style="text-align: right;">508</td>
</tr>
<tr>
<td>PG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$2.68</td>
<td>$2.5</td>
<td>$2.5</td>
<td>$172.50</td>
<td>$118.7K</td>
<td>1.1K</td>
<td style="text-align: right;">666</td>
</tr>
<tr>
<td>PG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$17.2</td>
<td>$17.0</td>
<td>$17.0</td>
<td>$170.00</td>
<td>$83.3K</td>
<td>672</td>
<td style="text-align: right;">49</td>
</tr>
<tr>
<td>PG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.78</td>
<td>$1.71</td>
<td>$1.71</td>
<td>$185.00</td>
<td>$69.2K</td>
<td>1.6K</td>
<td style="text-align: right;">635</td>
</tr>
</tbody>
</table>
</p>
<h3>About Procter &amp; Gamble</h3>
<p>Since its founding in 1837, Procter &amp; Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent more than half of the firm's consolidated total.</p>
<h3>Procter &amp; Gamble's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 7,377,210, the PG's price is down by -0.26%, now at $173.77. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 25 days.</li>
</ul>
<h3>What Analysts Are Saying About Procter &amp; Gamble</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $188.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>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"><strong>Click here for access</strong></a>.<br />
&#x2A; In a positive move, an analyst from DZ Bank has upgraded their rating to Buy and adjusted the price target to $190.<br />
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Procter &amp; Gamble, maintaining a target price of $186. </p>
<p>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 Procter &amp; Gamble options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

A Closer Look at Procter & Gamble's Options Market Dynamics

<p>Financial giants have made a conspicuous bearish move on Delta Air Lines. Our analysis of options history for Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $419,780, and 7 were calls, valued at $764,295.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $28.0 to $57.5 for Delta Air Lines during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In today's trading context, the average open interest for options of Delta Air Lines stands at 2350.22, with a total volume reaching 3,466.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Delta Air Lines, situated within the strike price corridor from $28.0 to $57.5, throughout the last 30 days.</p>
<h3>Delta Air Lines 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727122546_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>DAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$19.8</td>
<td>$19.8</td>
<td>$19.8</td>
<td>$28.00</td>
<td>$237.6K</td>
<td>806</td>
<td>120</td>
</tr>
<tr>
<td>DAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$3.35</td>
<td>$3.3</td>
<td>$3.3</td>
<td>$47.00</td>
<td>$211.2K</td>
<td>5.7K</td>
<td>640</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$1.4</td>
<td>$1.39</td>
<td>$1.4</td>
<td>$46.00</td>
<td>$202.9K</td>
<td>2.2K</td>
<td>1.5K</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$11.2</td>
<td>$11.15</td>
<td>$11.2</td>
<td>$57.50</td>
<td>$178.0K</td>
<td>68</td>
<td>160</td>
</tr>
<tr>
<td>DAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$2.43</td>
<td>$2.42</td>
<td>$2.43</td>
<td>$52.50</td>
<td>$89.4K</td>
<td>3.3K</td>
<td>398</td>
</tr>
</tbody>
</table>
</p>
<h3>About Delta Air Lines</h3>
<p>Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned the greatest portion of its international revenue and profits from flying passengers over the Atlantic Ocean.</p>
<p>In light of the recent options history for Delta Air Lines, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Delta Air Lines's Current Market Status</h3>
<ul>
<li>With a volume of 5,210,395, the price of DAL is up 0.47% at $47.16. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 17 days.</li>
</ul>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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"><strong>Click here for access</strong></a>.</p>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Delta Air Lines, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Delta Air Lines's Options: A Look at What the Big Money is Thinking

<p>Financial giants have made a conspicuous bullish move on Norwegian Cruise Line. Our analysis of options history for Norwegian Cruise Line (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $128,577, and 5 were calls, valued at $414,250.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $22.5 for Norwegian Cruise Line over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Norwegian Cruise Line's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Norwegian Cruise Line's substantial trades, within a strike price spectrum from $5.0 to $22.5 over the preceding 30 days.</p>
<h3>Norwegian Cruise Line Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727122541_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NCLH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$2.41</td>
<td>$2.35</td>
<td>$2.39</td>
<td>$22.00</td>
<td>$239.0K</td>
<td>202</td>
<td>1.0K</td>
</tr>
<tr>
<td>NCLH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.81</td>
<td>$2.79</td>
<td>$2.79</td>
<td>$22.50</td>
<td>$70.0K</td>
<td>1.6K</td>
<td>253</td>
</tr>
<tr>
<td>NCLH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$0.7</td>
<td>$0.66</td>
<td>$0.69</td>
<td>$21.00</td>
<td>$55.2K</td>
<td>520</td>
<td>2.1K</td>
</tr>
<tr>
<td>NCLH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$11.3</td>
<td>$11.15</td>
<td>$11.2</td>
<td>$10.00</td>
<td>$51.5K</td>
<td>2.0K</td>
<td>46</td>
</tr>
<tr>
<td>NCLH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.9</td>
<td>$15.8</td>
<td>$15.9</td>
<td>$5.00</td>
<td>$41.3K</td>
<td>333</td>
<td>0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Norwegian Cruise Line</h3>
<p>Norwegian Cruise Line is the world's third-largest cruise company by berths (around 66,500). It operates 32 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 13 passenger vessels on order among its brands through 2036, representing 41,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.</p>
<p>After a thorough review of the options trading surrounding Norwegian Cruise Line, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Norwegian Cruise Line</h3>
<ul>
<li>With a volume of 12,222,145, the price of NCLH is up 0.48% at $20.99. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 37 days.</li>
</ul>
<h3>What The Experts Say On Norwegian Cruise Line</h3>
<p>1 market experts have recently issued ratings for this stock, with a consensus target price of $25.0.</p>
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&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Norwegian Cruise Line with a target price of $25. </p>
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NCLH

Norwegian Cruise Line's Options Frenzy: What You Need to Know

WIIM

Merrill Lynch & Strategic Return Notes for Select 10 Index

Maison Solutions shares are trading higher after the company reported a year-over-year increase in Q1 sales results.

BIVI

BioVie shares are trading lower after the company announced a proposed public offering with the amount not yet disclosed.

<p><strong>Fiscal Year 2025 Guidance</strong></p>
<p>The Company is reiterating the following guidance for fiscal year 2025:</p>
<p>Revenues between $120 million and $125 million</p>
<p>Net income positive</p>
<p>For more information regarding Maison Solution's financial results, including financial tables, please see our Form 10-Q for the first quarter ended July 31, 2024, filed with the U.S. Securities and Exchange Commission (the "SEC"). The Company's SEC filings can be found on the SEC's website at <a href="https://www.sec.gov/">https://www.sec.gov/</a> or the Company's investor relations site at <a href="https://pr.report/2w78">https://investors.maisonsolutionsinc.com/</a>.</p>


Guidance

Maison Solutions Sees FY25 Revenues Between $120M-$125M

<p>Maison Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSS#NASDAQ">MSS</a>) reported $29.60 million in sales this quarter. This is a 114.49 percent increase over sales of $13.80 million the same period last year.</p>


Maison Solutions Q1 Sales $29.60M Up From $13.80M YoY

RCAT

Red Cat Holdings shares are trading lower after the company reported worse-than-expected Q1 financial results.

BLUE

Bluebird Bio shares are trading higher after the company announced it entered into a Master Services Agreement for Viral Vector Services with Henogen SRL.

InvenTrust Properties Announces Public Offering Of 6.5M Shares, Plans To Use Proceeds For Acquisitions And Debt Repayment

<p><strong>Adobe </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adbe#NASDAQ">ADBE</a>), a titan in the Portable Document Format (PDF) technology, has been facing macroeconomic and competitive challenges this year, with its stock price plummeting 12.4% in the year-to-date period against the Zacks Computer-Software industry, the broader technology sector and the S&amp;P 500 index&#39;s returns of 14.8%, 22.2% and 19.6%, respectively.</p>
<h2>Year-to-Date Price Performance</h2>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c9/78842.jpg?v=1570621114" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>This loss has left investors and analysts questioning the company&#39;s future prospects. However, amid this downturn, Adobe&#39;s strengthening Generative Artificial Intelligence (GenAI) drive is emerging as a potential catalyst for a much-needed recovery.</p>
<p>ADBE&#39;s strong positioning in the digital content and marketing industry on the back of its robust cloud-enabled products and growing GenAI capabilities has been boosting its business prospects.</p>
<h2>Expanding GenAI-Powered Solutions Drive ADBE&#39;s Prospects</h2>
<p>Adobe is constantly riding on the solid momentum in its family of creative, generative AI models, namely Firefly.</p>
<p>Its unveiling of the Firefly Image 2 Model, Firefly Vector Model and Firefly Design Model to mark a significant advancement in its creative generative AI model family, enhancing creative control, image quality and illustrator capabilities, is a major positive.</p>
<p>Adobe recently introduced the new Firefly Video model, which is marked as another positive.</p>
<p>With Firefly innovations and integrations, ADBE has exceeded 12 billion generations since the launch of Firefly. This is marked as an important milestone.</p>
<p>The company enhanced features of Acrobat AI Assistant to allow customers to ask questions, get insights, and create content from information across groups of PDFs and other document types, including Microsoft Word, Microsoft PowerPoint and text files. It also introduced enhanced meeting transcript capabilities in AI Assistant.</p>
<p>Adobe&#39;s growing efforts to expand content creation in Adobe Acrobat are noteworthy. It integrated Adobe Firefly image generation into its Edit PDF workflows. It has optimized AI Assistant in Acrobat to generate content fit for presentations, emails and other forms of communication.</p>
<p>Adobe also offers Adobe Express Platform AI Assistant, which is capable of answering technical questions, automating tasks, simulating outcomes and generating audiences seamlessly.</p>
<p>The launch of Generative Remove in Adobe Lightroom, which is a powerful Firefly-backed tool that helps remove unwanted objects from any photo in a single click in a non-destructive manner, is a plus.</p>
<p>The introduction of Adobe Express for Enterprise, which is powered by Firefly Image Model 3, is driving the company&#39;s momentum among various enterprises.</p>
<h2>Strong Customer Base Drives ADBE&#39;s Growth</h2>
<p>A solid portfolio and differentiated approach to AI are attracting an expanding universe of customers across Adobe&#39;s segments.</p>
<p><strong>International Business Machines</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ibm#NYSE">IBM</a>) is one of the notable customers leveraging Adobe Firefly.</p>
<p>Adobe&#39;s other key customer wins include Johnson &amp; Johnson, Mayo Clinic, Home Depot, Dentsu, TD Bank, Newell Brands, Alphabet&#39;s&nbsp;Google, MediaMonks, Meta, U.S. Navy, PepsiCo, Estee Lauder, Disney, RedBull, Amazon, KPMG, U.S. Treasury Department and Charles Schwab.</p>
<h2>ADBE&#39;s Impressive Projections &amp; Rising Estimates</h2>
<p>Strong customer momentum, along with solid Firefly momentum, is expected to boost its near-term as well as long-term prospects.</p>
<p>For fourth-quarter fiscal 2024, Adobe projects total revenues between $5.50 billion and $5.55 billion. The Zacks Consensus Estimate for the same is pegged at $5.54 billion, indicating growth of 9.8% year over year.</p>
<p>Management expects non-GAAP earnings per share between $4.63 and $4.68. The consensus mark for the same is pinned at $4.66, indicating growth of 9.1%. The estimate has been revised upward by a penny over the past 30 days.</p>
<p>For fiscal 2024, the Zacks Consensus Estimate for revenues is pegged at $21.44 billion, indicating year-over-year growth of 10.5%.</p>
<p>The consensus mark for fiscal 2024 earnings is pegged at $18.26 per share, suggesting year-over-year growth of 13.6%. The estimate has been revised upward by 0.6% in the past 30 days.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/ec/78843.jpg?v=470519674" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>Macro Headwinds &amp; Stiff Competition: Challenges for ADBE</h2>
<p>However, a challenging macroeconomic environment, with high oil prices and elevated interest rates, remains a concern for Adobe. Fears of a looming U.S. recession are certainly major concerns. The ongoing Russia-Ukraine war also does not bode well for the company&#39;s business.</p>
<p>Moreover, ADBE faces stiff competition in the AI software space from other tech giants and well-funded startups like Stability AI and Midjourney.</p>
<p>Intensifying competition might cause the returns from its AI push to take longer to materialize, which does not bode well for the stock.</p>
<h2>ADBE Stock Overvalued</h2>
<p>ADBE stock is not so cheap, as the Value Score of D suggests a stretched valuation at this moment.</p>
<p>In terms of the forward 12-month Price/Sales ratio, Adobe is trading at 9.92X, higher than the industry&#39;s average of 7.84X.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/bf/78844.jpg?v=187583004" style="border-style:solid; border-width:1px" /><br />
Image Source: Zacks Investment Research</p>
<h2>Conclusion</h2>
<p>Adobe&#39;s deepening GenAI focus and innovative GenAI-powered portfolio present a compelling opportunity for long-term investors. Its upward estimate revisions also bode well.</p>
<p>However, macro uncertainties and stiff AI competition are negatives for the stock. Also, its stretched valuation and Growth Score of C make it a risky bet at present.</p>
<p>ADBE currently has a Zacks Rank #3 (Hold), suggesting that it may be wise to wait for a more favorable entry point in the stock.</p>
<p><a href="https://www.zacks.com/stock/news/2340074/adobe-dips-12-4-ytd-can-adbe-stock-rebound-on-genai-strength?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2340074">To read this article on Zacks.com click here.</a></p>


Macro Economic Events

Economics

Tech

ADBE

Adobe Dips 12.4% YTD: Can ADBE Stock Rebound on GenAI Strength?

<p>Optex Systems Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPXS#NASDAQ">OPXS</a>), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded contracts from two domestic customers in support of ongoing armored vehicle production. The total value is $2.1 million with expected deliveries over the next 18 months.</p>
<p>Danny Schoening, CEO, Optex Systems stated "Optex continues to support our domestic armored vehicle manufactures through the ongoing supply of laser protected periscopes. These units provide our customers with real-time situational awareness while protecting them from harmful laser strikes."</p>
<p>With this order, the current Optex backlog is in excess of $45 million.</p>


Contracts

OPXS

Optex Systems Announces $2.1M Order For Laser Protected Periscopes With Expected Deliveries Over The Next 18 Months; Current Optex Backlog Is In Excess Of $45M

<p>Oil prices slid by more than 1% on Monday, reflecting persistent concerns over weakened global demand despite the escalating conflict between Israel and <a href="https://www.benzinga.com/topic/middle-east">Hezbollah in the Middle East.</a> Investors appeared more focused on the macroeconomic picture of slowing global consumption rather than the immediate geopolitical risks that could disrupt energy supplies.</p>
<p>U.S. energy stocks, tracked by the <strong>Energy Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>), remained mostly flat during the final hour of New York trading. </p>
<h3 class="wp-block-heading">Israel-Hezbollah Conflict Intensifies: 650 Air Strikes In 24 Hours</h3>
<p>On Monday, Israel launched its most extensive air campaign yet against Hezbollah targets in southern Lebanon. The Israeli military carried out 650 air strikes in the past 24 hours, hitting over 1,100 targets with more than 1,400 munitions, as reported by Reuters.</p>
<p>The attacks targeted Hezbollah's military infrastructure, including rocket launchers and underground weapon storage facilities.</p>
<p>Tens of thousands of civilians in southern Lebanon have begun fleeing towards the north, leading to severe traffic congestion on key roads as the population seeks safety. The conflict, which has simmered for nearly a year, is showing signs of spiraling into a larger regional crisis.</p>
<p>"Essentially, we are targeting combat infrastructure that Hezbollah has been building for the past 20 years. This is very significant. We are striking targets and preparing for the next phases," Israeli Prime Minister <strong>Benjamin Netanyahu</strong> said in a statement.</p>
<p>The international response to the intensifying conflict has been swift. The Pentagon announced plans to send additional troops to the Middle East as a precautionary measure amid the growing instability. <span style="box-sizing: border-box; margin: 0px; padding: 0px;">Both Vice President <strong>Kamala Harris</strong> and President <strong>Joe Biden</strong> are scheduled to hold separate meetings with UAE President <strong>Sheikh Mohamed bin Zayed Al Nahyan</strong> to discuss th</span>e ceasefire deal in Gaza.</p>
<p><strong>Stéphane Dujarric</strong>, spokesperson for U.N. Secretary-General <strong>Antonio Guterres</strong>, expressed concern over the growing number of civilian casualties reported by Lebanese authorities. &#8220;The Secretary-General is deeply worried about the rising toll on civilian lives and the broader implications for regional stability," Dujarric stated.</p>
<p>Reactions from other regional players in Middle East were largely critical of Israel's actions. Turkey's Foreign Ministry condemned Israel's air strikes, calling them "a new phase in its efforts to drag the entire region into chaos."</p>
<p>Iranian President <strong>Masoud Pezeshkian</strong>, speaking to journalists upon his arrival in New York for the United Nations General Assembly, accused Israel of provoking a wider conflict. "Israel wants to drag the Middle East into a full-blown war by provoking Iran to join the nearly year-old conflict between Israel and Tehran-backed Hezbollah in Lebanon," Pezeshkian said.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40989179/meta-connect-2024-preview-cheaper-vr-expected-analysts-see-augmented-reality-and-ai">Meta Connect 2024 Preview: Cheaper VR Expected, Analysts See Augmented Reality And AI As Major Focus</a></strong></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Sector ETFs

Commodities

Politics

Global

Econ #s

ETFs

Oil Falls, Energy Stocks Flat As Fears Of Demand Drop Eclipse Israel-Hezbollah Conflict Escalation

<p>The multi-year agreement between QIAGEN&#39;s subsidiary Verogen and Bode extends the long-standing partnership of two leading companies in forensic investigative genetic genealogy (FIGG) to further accelerate the use of GEDmatch PRO in law enforcement and identification of human remains.&nbsp;</p>
<p>As part of the partnership, Bode will manage all commercial transactions for GEDmatch PRO globally, while QIAGEN will continue to develop new features with input from Bode&#39;s genealogy experts. Bode will maintain the highest level of data security as GEDmatch PRO users will continue to own their case data and no additional identifying information will be shared with Bode.</p>


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