Últimas noticias sobre Mobileye Global (NASDAQ:MBLY) Bolsa

Mobileye Global

Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Mobileye is the Company's only reportable operating segment. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.

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Mobileye cae después de que Intel podría vender hasta el 88% de su participación. Lee más sobre cómo esto está afectando a las acciones.

Intel considera vender su participación en Mobileye ante la presión

Mobileye Global Inc. - Class A Common Stock

Mobileye Global Inc

Struggling chipmaker Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)&nbsp;continues to receive <a target="_blank" href="https://www.benzinga.com/news/24/09/40968128/qualcomm-reportedly-eyes-potential-takeover-of-intel-amid-60-stock-decline-but-antitrust-concerns-lo" rel="noreferrer noopener">takeover proposals from</a> chip companies, the latest being Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) following Qualcomm Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) proposal earlier.
Arm Holdings recently proposed to acquire Intel&#8217;s product unit. However, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-09-27/arm-rejected-by-intel-after-approaching-it-about-buying-product-unit?sref=TBDibEcD" rel="noreferrer noopener">reports</a> that Intel is not looking to sell the business division.
Intel stock plunged 31% as it failed to capitalize on the artificial intelligence shift, which is something that contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) excelled at.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41012678/super-micro-unveils-next-gen-servers-powered-by-intels-latest-xeon-chips" rel="noreferrer noopener">Super Micro Unveils Next-Gen Servers Powered by Intel&#8217;s Latest Xeon Chips</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27091711/newplot-1-7.png" alt="" class="wp-image-569782" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27091711/newplot-1-7.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27091711/newplot-1-7-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Meanwhile, some reports indicated Intel&#8217;s plans to convert its <a target="_blank" href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" rel="noreferrer noopener">foundry business into</a> an independent unit, including exploring a spinoff into a publicly traded company. The chipmaker also explored divesting stake in the programmable chip unit&nbsp;Altera.
However, Intel&#8217;s recent big wins included a&nbsp;U.S. chipmaking deal from&nbsp;Amazon.Com Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web services and the U.S. Chip grant.
The chipmaker also clarified that it would not divest a majority stake in the struggling <a target="_blank" href="https://www.benzinga.com/news/24/09/40941075/whats-going-on-with-autonomous-driving-stock-mobileye-thursday" rel="noreferrer noopener">Israeli autonomous driving company</a> Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), whose stock is down 66% in the last 12 months.
Intel&#8217;s exploration of stake sales to companies like Qualcomm and Arm could hinder its U.S. subsidy over antitrust grounds, the Financial Times <a target="_blank" href="https://www.ft.com/content/ff0ca77d-ad35-45ba-a493-201a26932efb" rel="noreferrer noopener">reports</a>.
Multiple deals including Nvidia&#8217;s proposal to snap Arm Holdings from&nbsp;Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) and Intel&#8217;s&nbsp;Tower Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSEM#NASDAQ">TSEM</a>) deal have succumbed to global regulatory opposition.
The semiconductor sector had a good week, buoyed by the <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/41046485/whats-going-on-with-nvidia-braodcom-intel-and-other-chip-stocks-on-thursday" rel="noreferrer noopener">key rate cuts</a> in the U.S. and China, an upbeat quarterly print from Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and continued AI investments from Big Tech companies.
Semiconductor ETFs, Invesco Semiconductors ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSI#NYSE">PSI</a>) and SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>), gained 5%- 7% in the last five days.
Price Action: INTC stock is down 0.04% at $23.91 at the last check on Friday.
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Whales with a lot of money to spend have taken a noticeably bearish stance on Mobileye Global.
Looking at options history for Mobileye Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 60% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $395,835 and 6, calls, for a total amount of $235,730.
<h3>Predicted Price Range</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 $15.0 for Mobileye Global, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Mobileye Global stands at 8788.83, with a total volume reaching 17,840.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Mobileye Global, situated within the strike price corridor from $12.0 to $15.0, throughout the last 30 days.
<h3>Mobileye Global Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727377262_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>MBLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.7</td>
<td>$1.65</td>
<td>$1.65</td>
<td>$12.00</td>
<td>$247.3K</td>
<td>37.7K</td>
<td>2</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$2.55</td>
<td>$2.5</td>
<td>$2.51</td>
<td>$15.00</td>
<td>$61.4K</td>
<td>4.4K</td>
<td>507</td>
</tr>
<tr>
<td>MBLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$1.7</td>
<td>$1.6</td>
<td>$1.65</td>
<td>$12.00</td>
<td>$49.5K</td>
<td>37.7K</td>
<td>2.9K</td>
</tr>
<tr>
<td>MBLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.7</td>
<td>$1.55</td>
<td>$1.65</td>
<td>$12.00</td>
<td>$49.5K</td>
<td>37.7K</td>
<td>2.6K</td>
</tr>
<tr>
<td>MBLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.7</td>
<td>$1.55</td>
<td>$1.65</td>
<td>$12.00</td>
<td>$49.5K</td>
<td>37.7K</td>
<td>1.8K</td>
</tr>
</tbody>
</table>

<h3>About Mobileye Global</h3>
Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Mobileye is the Company's only reportable operating segment. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System &amp; Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
<h3>Current Position of Mobileye Global</h3>
<ul>
<li>Currently trading with a volume of 9,031,411, the MBLY's price is up by 5.85%, now at $13.2. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>Expert Opinions on Mobileye Global</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $15.0.
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>. 
&#x2A; Reflecting concerns, an analyst from Deutsche Bank lowers its rating to Hold with a new price target of $15.
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 Mobileye Global, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

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Spotlight on Mobileye Global: Analyzing the Surge in Options Activity

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Trading Ideas

Mobileye Global Option Alert: Nov 15 $14 Calls Sweep (35) Near The Ask: 2686 @ $1.2 Vs 1596 OI; Earnings 10/24 Before Open [est] Ref=$12.54

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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<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>TSLA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$250.00</td>
<td>$26.0K</td>
<td>52.8K</td>
<td>55.5K</td>
</tr>
<tr>
<td>GRPN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$10.50</td>
<td>$130.0K</td>
<td>5.0K</td>
<td>2.0K</td>
</tr>
<tr>
<td>DKS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$215.00</td>
<td>$33.6K</td>
<td>67</td>
<td>1.8K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$140.00</td>
<td>$307.4K</td>
<td>93</td>
<td>1.5K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.00</td>
<td>$46.7K</td>
<td>43.9K</td>
<td>1.4K</td>
</tr>
<tr>
<td>PTON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$10.00</td>
<td>$39.6K</td>
<td>346</td>
<td>1.2K</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$14.00</td>
<td>$55.0K</td>
<td>542</td>
<td>933</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$185.00</td>
<td>$29.6K</td>
<td>4.7K</td>
<td>721</td>
</tr>
<tr>
<td>APTV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$72.50</td>
<td>$29.4K</td>
<td>131</td>
<td>632</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$140.00</td>
<td>$25.4K</td>
<td>1.2K</td>
<td>436</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on September 27, 2024. This event was a transfer of 40 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $650.0 per contract. There were 52839 open contracts at this strike prior to today, and today 55545 contract(s) were bought and sold. 
• For GRPN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>), we notice a call option sweep that happens to be bearish, expiring in 17 day(s) on October 11, 2024. This event was a transfer of 2000 contract(s) at a $10.50 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $130.0K, with a price of $65.0 per contract. There were 5092 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold. 
• Regarding DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on October 4, 2024. Parties traded 60 contract(s) at a $215.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $565.0 per contract. There were 67 open contracts at this strike prior to today, and today 1827 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option trade that happens to be bullish, expiring in 269 day(s) on June 20, 2025. This event was a transfer of 1500 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $307.4K, with a price of $205.0 per contract. There were 93 open contracts at this strike prior to today, and today 1509 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option sweep with bullish sentiment. It expires in 115 day(s) on January 17, 2025. Parties traded 320 contract(s) at a $5.00 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 $46.7K, with a price of $146.0 per contract. There were 43952 open contracts at this strike prior to today, and today 1427 contract(s) were bought and sold. 
• Regarding PTON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>), we observe a call option sweep with bullish sentiment. It expires in 205 day(s) on April 17, 2025. Parties traded 1200 contract(s) at a $10.00 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 $39.6K, with a price of $33.0 per contract. There were 346 open contracts at this strike prior to today, and today 1222 contract(s) were bought and sold. 
• Regarding MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we observe a call option sweep with bearish sentiment. It expires in 52 day(s) on November 15, 2024. Parties traded 407 contract(s) at a $14.00 strike. This particular call needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $135.0 per contract. There were 542 open contracts at this strike prior to today, and today 933 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option sweep with bearish sentiment. It expires in 87 day(s) on December 20, 2024. Parties traded 43 contract(s) at a $185.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $690.0 per contract. There were 4726 open contracts at this strike prior to today, and today 721 contract(s) were bought and sold. 
• Regarding APTV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>), we observe a put option sweep with bullish sentiment. It expires in 24 day(s) on October 18, 2024. Parties traded 111 contract(s) at a $72.50 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $265.0 per contract. There were 131 open contracts at this strike prior to today, and today 632 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a call option trade that happens to be bullish, expiring in 87 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $255.0 per contract. There were 1213 open contracts at this strike prior to today, and today 436 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 news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This week, the Federal Reserve&#8216;s decision to reduce interest rates by 50 basis points boosted share prices across the technology, construction, <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40937291/bank-stocks-hit-inflection-point-after-feds-50-basis-point-cut-analyst-reveal-top-p" rel="noreferrer noopener">industrial, machinery, and financial sectors</a>.
These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
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<li>Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) stock jumped 30.11% last week after <a href="https://www.benzinga.com//node/40957437" target="_blank" rel="noreferrer noopener">signing a 20-year power purchase agreement</a> with Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to help launch the Crance Clean Energy Center and restart Three Mile Island Unit 1.</li>
<li>Vistra Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) stock gained 26.10% last week after <a href="https://www.benzinga.com//node/40943063" target="_blank" rel="noreferrer noopener">the company executed definitive agreements</a> with affiliates of Nuveen Asset Management and Avenue Capital Management II to acquire their combined 15% equity interest in Vistra Vision.</li>
<li>Carvana Co.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares increased 22.52%. Evercore ISI raised its price forecast <a href="https://www.benzinga.com/quote/CVNA/analyst-ratings" target="_blank" rel="noreferrer noopener">on the stock from&nbsp;$142&nbsp;to&nbsp;$157</a>.</li>
<li>Symbotic Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) stock gained 19.06% last week as stocks in the broader industrial space jumped following the Fed&#8217;s announcement to cut rates by 50 basis points, which could support investment and economic growth.</li>
<li>Duolingo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) stock was up 17.32% in the last week.</li>
<li>James Hardie Industries plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) stock upped 16.38% as stocks in the broader industrial space jumped following the Fed&#8217;s announcement to cut rates by 50 basis points, which could support investment and economic growth. The company also announced it has repurchased up to 8.4 million of its shares.</li>
<li>Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) gained 15.73% as stocks of oil and gas companies soared amid a rise in the price of oil after the Fed rate cut, which could lift the demand outlook.</li>
<li>CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) stock gained 15.71% as <a href="https://www.benzinga.com/quote/crwd/analyst-ratings" target="_blank" rel="noreferrer noopener">several analysts</a> maintained their buy forecasts and said the customer backlash following the software incident had largely passed.</li>
<li>Maplebear Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>) shares rose 13.92%</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) stock jumped 13.47%&nbsp;last week after Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) assured investors it would not drop its majority stake in the <a href="https://www.benzinga.com//node/40949356" target="_blank" rel="noreferrer noopener">Israeli autonomous driving company</a>.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) <a href="https://www.benzinga.com//node/40946478" target="_blank" rel="noreferrer noopener">stock rose 12.66%</a>. Stocks of several U.S.-listed Chinese companies gained ahead of expectations that the People&#8217;s Bank of China will cut rates.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com/news/large-cap/24/09/40972060/novo-nordisk-chewy-and-fedex-are-among-top-10-large-cap-losers-last-week-sept-15-sept-21-are-the-o" target="_blank" rel="noreferrer noopener">Novo Nordisk, Chewy And FedEx Are Among Top 10 Large Cap Losers Last Week (Sept 15-Sept 21): Are The Others In Your Portfolio?</a></li>
</ul>
Photo by Ihor Bondarenko on Shutterstock

Large Cap

Movers

CART

CRWD

CVNA

DUOL

MSFT

Constellation Energy, Li Auto And Carvana Are Among Top 11 Large Cap Gainers Last Week (Sept 16-Sept 20): Are The Others In Your Portfolio?

Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares<a href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday"> skyrocketed on Thursday</a> after Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) assured investors it would not drop its majority stake in the Israeli autonomous driving company.
Mobileye gained 14.99% to close at $13.35 on Thursday, marking its largest intraday jump since late October 2022.
&#8220;We currently do not have any plans to divest a majority interest in the company,&#8221; Intel said in a statement.
&#8220;By providing Mobileye with separation and autonomy, we have enhanced its ability to capitalize on growth opportunities and accelerate its path to creating even greater value.&#8221;
Read Also: <a href="https://www.benzinga.com/news/24/09/40941075/whats-going-on-with-autonomous-driving-stock-mobileye-thursday">What&#8217;s Going On With Autonomous Driving Stock Mobileye Thursday?</a>
Intel, which holds an 88% stake in Mobileye, said it believes in the future of autonomous driving technology and in Mobileye's &#8220;unique role as a leader&#8221; in developing advanced driver assistance systems.
Intel CEO Pat Gelsinger has been changing his company's operations and showed more of his plans earlier this week to get the troubled chipmaker back on track, including pausing building factories in Germany and Poland and turning its manufacturing sector into a wholly owned subsidiary, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-09-19/mobileye-jumps-after-intel-says-it-won-t-divest-majority-stake?srnd=homepage-americas&amp;sref=TBDibEcD">reported</a>.
Intel discussed possibly selling some its Mobileye stake either on the public market or through a third-party sale, Bloomberg reported earlier this month.
Mobileye, which provides both software and hardware for self-driving systems, was acquired by Intel in 2017 for about $15 billion. It had an initial public offering in 2022, but Intel held most of the stake.
Read Now:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/10/35469115/mobileye-lowered-revenue-outlook-but-these-analysts-are-still-bullish-heres-why">Mobileye Lowered Revenue Outlook But These Analysts Are Still Bullish &#8211; Here&#8217;s Why</a></li>
</ul>
Photo: Ilan Ben Oudiz<a href="https://creativecommons.org/licenses/by-sa/4.0"> via </a>Wikimedia Commons

Equities

Global

Mobileye Soars After Intel Says It Will Not Sell Majority Stake

U.S. stocks traded higher toward the end of trading, with the S&amp;P 500 gaining around 100 500 points on Thursday.
The Dow traded up 1.28% to 42,032.26 while the NASDAQ rose 2.65% to 18,038.75. The S&amp;P 500 also rose, gaining, 1.80% to 5,719.64.
Check This Out: <a href="https://www.benzinga.com/news/24/09/40937584/alphabet-mcdonalds-and-2-other-stocks-executives-are-selling">Alphabet, McDonald&#8217;s And 2 Other Stocks Executives Are Selling</a>
Leading and Lagging Sectors Information technology shares jumped by 3.3% on Thursday.
In trading on Thursday, utilities shares fell by 0.5%.
Top Headline
Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) reported first-quarter financial results on Thursday.
The company reported adjusted earnings per share of $1.75, missing the analyst consensus estimate of $1.83. Quarterly sales of $2.76 billion missed the street view of $2.80 billion.
FactSet said it sees fiscal 2025 revenue of $2.285 billion–$2.305 billion versus $2.301 billion estimate and adjusted EPS of $16.80–$17.40 versus consensus of $17.36.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Edgewise Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) shares shot up 54% to $29.42 after the company announced top-line data of EDG-7500 from the Phase 1 trial in healthy subjects and the single-dose arm of the Phase 2 CIRRUS-HCMtrial in patients with obstructive HCM.</li>
<li>Shares of Signing Day Sports, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGN#NYSE">SGN</a>) got a boost, surging 265% to $0.4737 after the company announced it will acquire sports gaming technology company Swifty Global.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares were also up, gaining 17% to $13.59 after Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) said it does not plan to divest its majority interest in the company. U.S. Fed rate cut also had a bearing on the stock price movement.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Haoxi Health Technology Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) shares dropped 75% to $0.76. Haoxi Health Technology announced the pricing of a $12 million underwritten follow-on public offering of 4 million units at a price of $3 per unit.</li>
<li>Shares of Progyny, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) were down 33% to $16.47 after a client elected to exercise an option to terminate its services agreement with the company.</li>
<li>Vivos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VVOS#NASDAQ">VVOS</a>) was down, falling 21% to $3.26 after the company announced a $4.3 million registered offering of 1.36 million shares of common stock at $3.15 per share.</li>
</ul>
Commodities In commodity news, oil traded up 1.4% to $71.93 while gold traded up 0.6% at $2,614.30.
Silver traded up 2.2% to $31.37 on Thursday, while copper rose 1.2% to $4.35.
Euro zone
European shares were higher today. The eurozone's STOXX 600 climbed 1.38%, Germany's DAX climbed 1.55% and France's CAC 40 jumped 2.29%. Spain's IBEX 35 Index rose 0.80%, while London's FTSE 100 rose 0.91%.
The Bank of England maintained the Bank Rate at 5% during its September meeting, after cutting rates by 25 bps in August. The current account surplus in the Eurozone increased to €48 billion in July from €25.5 billion in the year-ago period.
Asia Pacific Markets
Asian markets closed higher on Thursday, with Japan's Nikkei 225 gaining 2.13%, Hong Kong's Hang Seng Index surging 2%, China's Shanghai Composite Index gaining 0.69% and India's BSE Sensex gaining 0.29%.
Hong Kong's unemployment rate came in unchanged at 3% in the three months ending August. The Hong Kong Monetary Authority cut its base rate by 50bps to 5.25% at its recent meeting.
Economics
<ul>
<li>The U.S. reported a current account deficit of $266.8 billion in the second quarter versus a gap of $241 billion in the prior period and higher than market estimates of a $260 billion gap.</li>
<li>U.S. initial jobless claims fell by 12,000 from the prior week to 219,000 in the week ending September 14, compared to market expectations of 230,000.</li>
<li>The Philadelphia Fed Manufacturing Index climbed to 1.7 in September from -7 in the previous month and topping market estimates of -1.</li>
<li>U.S. natural-gas stocks rose 58 billion cubic feet during the week that ended Sept. 13, compared to market expectations of a 53 bcf gain.</li>
</ul>
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</ul>

Eurozone

Commodities

Intraday Update

EWTX

PGNY

VVOS

Crude Oil Gains Over 1%; Mobileye Global Shares Jump

U.S. stocks traded higher midway through trading, with the Dow Jones index jumping more than 500 points on Thursday.
The Dow traded up 1.25% to 42,023.61 while the NASDAQ rose 2.30% to 17,976.99. The S&amp;P 500 also rose, gaining, 1.60% to 5,707.97.
Check This Out: <a href="https://www.benzinga.com/news/24/09/40937584/alphabet-mcdonalds-and-2-other-stocks-executives-are-selling">Alphabet, McDonald&#8217;s And 2 Other Stocks Executives Are Selling</a>
Leading and Lagging Sectors Information technology shares jumped by 2.9% on Thursday.
In trading on Thursday, utilities shares fell by 0.6%.
Top Headline
FactSet Research Systems Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) reported better-than-expected results for its fiscal fourth quarter.
The company posted quarterly sales growth of 4.9% year-on-year to $562.2 million, beating the analyst consensus estimate of $546.81 million. Adjusted EPS of $3.74 beat the analyst consensus estimate of $3.62.
FactSet said it sees fiscal 2025 revenue of $2.285 billion–$2.305 billion versus $2.301 billion estimate and adjusted EPS of $16.80–$17.40 versus consensus of $17.36.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Edgewise Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) shares shot up 37% to $26.23 after the company announced top-line data of EDG-7500 from the Phase 1 trial in healthy subjects and the single-dose arm of the Phase 2 CIRRUS-HCMtrial in patients with obstructive HCM.</li>
<li>Shares of Signing Day Sports, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGN#NYSE">SGN</a>) got a boost, surging 257% to $0.4545 after the company announced it will acquire sports gaming technology company Swifty Global.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares were also up, gaining 16% to $13.51 after Intel reportedly said it does not have plans to divest a majority interest in the company.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Haoxi Health Technology Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) shares dropped 79% to $0.64. Haoxi Health Technology announced the pricing of a $12 million underwritten follow-on public offering of 4 million units at a price of $3 per unit.</li>
<li>Shares of Progyny, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) were down 30% to $17.21 after a client elected to exercise an option to terminate its services agreement with the company.</li>
<li>Vivos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VVOS#NASDAQ">VVOS</a>) was down, falling 25% to $3.10 after the company announced a $4.3 million registered offering of 1.36 million shares of common stock at $3.15 per share.</li>
</ul>
Commodities In commodity news, oil traded up 1% to $71.64 while gold traded up 0.1% at $2,600.00.
Silver traded up 1.4% to $31.115 on Thursday, while copper rose 1.1% to $4.3445.
Euro zone
European shares were higher today. The eurozone's STOXX 600 climbed 1.35%, Germany's DAX climbed 1.66% and France's CAC 40 jumped 2.11%. Spain's IBEX 35 Index rose 0.50%, while London's FTSE 100 rose 0.85%.
The Bank of England maintained the Bank Rate at 5% during its September meeting, after cutting rates by 25 bps in August. The current account surplus in the Eurozone increased to €48 billion in July from €25.5 billion in the year-ago period.
Asia Pacific Markets
Asian markets closed higher on Thursday, with Japan's Nikkei 225 gaining 2.13%, Hong Kong's Hang Seng Index surging 2%, China's Shanghai Composite Index gaining 0.69% and India's BSE Sensex gaining 0.29%.
Hong Kong's unemployment rate came in unchanged at 3% in the three months ending August. The Hong Kong Monetary Authority cut its base rate by 50bps to 5.25% at its recent meeting.
Economics
<ul>
<li>The U.S. reported a current account deficit of $266.8 billion in the second quarter versus a gap of $241 billion in the prior period and higher than market estimates of a $260 billion gap.</li>
<li>U.S. initial jobless claims fell by 12,000 from the prior week to 219,000 in the week ending September 14, compared to market expectations of 230,000.</li>
<li>The Philadelphia Fed Manufacturing Index climbed to 1.7 in September from -7 in the previous month and topping market estimates of -1.</li>
</ul>
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<li><a href="https://www.benzinga.com/news/24/09/40937617/top-3-defensive-stocks-you-may-want-to-dump-in-september">Top 3 Defensive Stocks You May Want To Dump In September</a></li>
</ul>

Earnings

Dow Jumps Over 500 Points; FactSet Research Posts Upbeat Earnings

Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) stock was trading higher Thursday after Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) said it does not plan to divest its majority interest <a href="https://www.intc.com/news-events/press-releases/detail/1711/statement-regarding-mobileye" target="_blank" rel="noreferrer noopener">in the company</a>. U.S. Fed rate cut also had a bearing on the <a href="http://U.S. Federal Reserve" target="_blank" rel="noreferrer noopener">stock price movement</a>.
Intel made the statement after winning a multi-year, multi-billion-dollar U.S. chipmaking deal from existing customer Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) cloud unit and <a href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" target="_blank" rel="noreferrer noopener">U.S. semiconductor grant</a>.
Intel also won up to&nbsp;$3 billion in CHIPS and Science Act funding, in addition to the $8.5 billion in grants and $11 billion in loans the struggling chipmaker previously won under the act.
Also Read: <a href="https://www.benzinga.com/news/24/09/40888884/intel-missed-out-on-playstation-6-chip-deal-to-amd-report" target="_blank" rel="noreferrer noopener">Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19084609/newplot-15.png" alt="" class="wp-image-556163" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19084609/newplot-15.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19084609/newplot-15-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Intel stock is down 43% in the last 12 months as its foundry unit failed to capitalize on the AI shift.
Prior reports indicated Intel&#8217;s plans to divest up to 88% of its stake in the <a href="https://www.benzinga.com/m-a/24/09/40747080/intel-eyes-mobileye-stake-sale-amid-pressure-stock-slides" target="_blank" rel="noreferrer noopener">Israeli autonomous driving company</a>.
Mobileye Global stock is down 70% in the last 12 months as it slashed revenue guidance after posting a topline decline in the second quarter. The company also flagged impending challenges due to China's weak demand. 
It expects fiscal 2024 revenue of $1.60 billion–$1.68 billion below the $1.87 billion analyst estimate.
Price Action: MBLY stock is up 14.4% at $13.28 at last check Thursday.
Also Read:
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<li><a href="https://www.benzinga.com/m-a/24/09/40926078/nvidia-considers-165m-octoai-acquisition-aims-to-strengthen-ai-and-cloud-dominance" target="_blank" rel="noreferrer noopener">Nvidia Considers $165M OctoAI Acquisition, Aims to Strengthen AI and Cloud Dominance</a></li>
</ul>
Photo courtesy of Mobileye.

What's Going On With Autonomous Driving Stock Mobileye Thursday?

U.S. stocks were higher, with the Dow Jones index surging around 400 points on Thursday.
Shares of Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) rose sharply during Thursday's session <a href="https://www.benzinga.com/quote/DRI/earnings">following first-quarter results.</a>
Darden reported quarterly earnings of $1.75 per share which missed the analyst consensus estimate of $1.83 per share. The company reported quarterly sales of $2.76 billion which missed the analyst consensus estimate of $2.80 billion.
Darden Restaurants shares surged 7.4% to $170.92 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) shares jumped 88.8% to $8.97. The company issued a PR applauding the recent announcement by Microsoft and BlackRock to invest $30 billion into AI infrastructure.</li>
<li>Edgewise Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) gained 37.7% to $26.26 after the company announced top-line data of EDG-7500 from the Phase 1 trial in healthy subjects and the single-dose arm of the Phase 2 CIRRUS-HCMtrial in patients with obstructive HCM.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares surged 13.4% to $13.17 after Intel reportedly said it does not have plans to divest a majority interest in the company.</li>
<li>Bel Fuse Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) shares rose 10.3% to $76.65. Bel announced an agreement to acquire Enercon Technologies.</li>
<li>TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) gained 10.3% to $4.48.</li>
<li>XCHG Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCH#NASDAQ">XCH</a>) gained 10.2% to $20.25.</li>
<li>Bit Digital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares jumped 9.4% to $3.14. Shares of crypto-linked stocks traded higher after the Fed&#8217;s Wednesday decision to cut rates by 50 basis points.</li>
<li>MINISO Group Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NASDAQ">MNSO</a>) shares jumped 8.6% to $16.44.</li>
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) gained 7% to $26.73.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) climbed 7% to $141.91. Shares of crypto-linked stocks traded higher after the Fed&#8217;s Wednesday decision to cut rates by 50 basis points.</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) shares rose 6.6% to $9.21. The company disclosed that XPENG Motors will showcase its latest technologies and solutions at the Paris Motor Show 2024 in October.</li>
<li>James Hardie Industries plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) gained 5.8% to $38.30.</li>
<li>Opthea Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPT#NASDAQ">OPT</a>) gained 5.4% to $3.70.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 4.3% to $236.88.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) gained 4% to $117.97.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40937841/jim-cramer-this-utilities-stock-is-a-buy-calls-wells-fargo-a-winner">Jim Cramer: This Utilities Stock Is A Buy, Calls Wells Fargo A &#8216;Winner&#8217;</a></li>
</ul>

BELFB

BTBT

MNSO

MSTR

RZLV

WULF

XPEV

Darden Restaurants Posts Q1 Results, Joins Tesla, Nvidia, XPeng And Other Big Stocks Moving Higher On Thursday

Mobileye shares are trading higher after Intel reportedly said it does not have plans to divest a majority interest in the company.

Insider Trades

Intel Said Earlier, Currently Do Not Have Any Plans To Divest A Majority Interest In Mobileye; Said Believes In The Future Of Autonomous Driving Technology

In 2022, Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) lost out to Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), a multiyear Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) PlayStation 6 chip deal, according to a Reuters exclusive report.
The sources told Reuters that tapping Intel would have posed backward compatibility issues, entailing higher costs and engineering resources, as AMD made the PlayStation 5 chip.
Intel fell out with Sony by failing to quote an appropriate selling price per chip after factoring in its profit share per chip sold to the PlayStation maker, the sources told Reuters.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40833611/google-picks-taiwan-semiconductor-for-pixel-chips-samsung-loses-key-deal-report" rel="noreferrer noopener">Google Picks Taiwan Semiconductor For Pixel Chips, Samsung Loses Key Deal: Report</a>
According to Reuters, the five-year deal involving contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) could have contributed $30 billion to Intel.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16080324/newplot-1-6.png" alt="" class="wp-image-549403" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16080324/newplot-1-6.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16080324/newplot-1-6-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Since its release in 2020, the PlayStation 5 has sold over 59 million units, marking a respite for significant console makers, which faced double-digit percentage declines in May 2024. Sony is <a target="_blank" href="https://www.benzinga.com/news/24/09/40801792/sonys-playstation-5-pro-to-hit-shelves-in-november-boasting-45-faster-performance" rel="noreferrer noopener">eying an upgraded</a>, premium version dubbed PlayStation 5 Pro before the holiday season.
Sony&#8217;s&nbsp;fiscal first-quarter 2024&nbsp;topline growth&nbsp;was 2% to $19.3 billion, beating the consensus of&nbsp;$17.19 billion.&nbsp;Game &amp; Network Services (G&amp;NS) revenue increased 12%.
Intel stock has been&nbsp;down over 48% in&nbsp;the last 12 months as it has failed to capitalize on the artificial intelligence shift.
This has forced it to weigh strategic options for Israeli autonomous driving company&nbsp;Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>)&nbsp;and its Enterprise Networking division.
The contract chipmaker bagged two wins in September, including $1.91 billion in Polish state grants for a new chip plant in the country and a <a target="_blank" href="https://www.benzinga.com/news/24/09/40864854/intel-bags-3-5b-contract-to-produce-chips-for-pentagon-report" rel="noreferrer noopener">$3.5 billion deal</a> to manufacture semiconductors for the U.S. military.
AMD stock is up 49% in the last 12 months as it succeeded in tapping the AI frenzy while <a target="_blank" href="https://www.benzinga.com/news/24/09/40820316/amd-gains-ground-in-ai-chip-market-oracle-exec-confirms-growing-demand-report" rel="noreferrer noopener">maneuvering its position</a> versus Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Price Actions: INTC stock closed higher by 6.36% to $20.91 on Monday. AMD closed at $152.08.
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Sony Group Corporation American Depositary Shares

SONY

Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) has bagged approval from the European Commission to provide over 7.4 billion Polish złoty ($1.91 billion) in state grants to support building the chipmaker&#8217;s new chip plant.
The European Commission will disburse the grant between 2024 and 2026, Reuters cites Poland&#8217;s Deputy Prime Minister and Minister of Digital Affairs Krzysztof Gawkowski.
Intel chose Poland over Vietnam, citing <a target="_blank" href="https://www.benzinga.com/news/24/07/39667470/whats-going-on-with-intel-stock-on-monday" rel="noreferrer noopener">insufficient investment incentives</a>.
Intel initially announced plans in 2022 to invest up to $4.6 billion in building a semiconductor assembly and test facility near Wroclaw, Poland.
The process will likely be over by the end of 2024, Reuters cites Poland&#8217;s Deputy Digital Affairs Minister Dariusz Standerski. Construction on the plant could begin later this year.
Intel stock has been <a target="_blank" href="https://www.benzinga.com/m-a/24/09/40747080/intel-eyes-mobileye-stake-sale-amid-pressure-stock-slides" rel="noreferrer noopener">down 50% in</a> the last 12 months as it has failed to capitalize on the industry&#8217;s shift to artificial intelligence. <a target="_blank" href="https://www.benzinga.com/m-a/24/09/40747080/intel-eyes-mobileye-stake-sale-amid-pressure-stock-slides" rel="noreferrer noopener">According to recent reports</a>, it is eying a strategic stake sale of the Israeli autonomous driving company Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) and its Enterprise Networking division.
Investors can gain exposure to Intel through SPDR Select Sector Fund &#8211; Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and Vanguard High Dividend Yield ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYM#NYSE">VYM</a>).
Price Action: INTC stock is up 1.47% at $19.65 at the last check on Friday.
Photo via Shutterstock

Government

Regulations

Intel Secures About $2B In State Aid For Poland Chip Plant

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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<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>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$220.00</td>
<td>$26.1K</td>
<td>7.2K</td>
<td>68.1K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$84.00</td>
<td>$25.9K</td>
<td>4.4K</td>
<td>3.7K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$5.00</td>
<td>$99.2K</td>
<td>3.0K</td>
<td>1.6K</td>
</tr>
<tr>
<td>TPR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$41.00</td>
<td>$30.8K</td>
<td>86</td>
<td>629</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$65.00</td>
<td>$258.4K</td>
<td>813</td>
<td>550</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$10.00</td>
<td>$52.4K</td>
<td>499</td>
<td>503</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$35.00</td>
<td>$32.5K</td>
<td>2.8K</td>
<td>456</td>
</tr>
<tr>
<td>WOOF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$2.50</td>
<td>$51.2K</td>
<td>3.6K</td>
<td>363</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$360.00</td>
<td>$59.1K</td>
<td>355</td>
<td>363</td>
</tr>
<tr>
<td>TJX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$125.00</td>
<td>$64.0K</td>
<td>2.4K</td>
<td>280</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on September 13, 2024. This event was a transfer of 67 contract(s) at a $220.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $390.0 per contract. There were 7259 open contracts at this strike prior to today, and today 68113 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on September 13, 2024. This event was a transfer of 350 contract(s) at a $84.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $74.0 per contract. There were 4443 open contracts at this strike prior to today, and today 3729 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option trade that happens to be bullish, expiring in 31 day(s) on October 11, 2024. This event was a transfer of 1600 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $99.2K, with a price of $62.0 per contract. There were 3033 open contracts at this strike prior to today, and today 1672 contract(s) were bought and sold. 
• Regarding TPR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on September 13, 2024. Parties traded 616 contract(s) at a $41.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $50.0 per contract. There were 86 open contracts at this strike prior to today, and today 629 contract(s) were bought and sold. 
• For ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we notice a call option sweep that happens to be neutral, expiring in 283 day(s) on June 20, 2025. This event was a transfer of 549 contract(s) at a $65.00 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 $258.4K, with a price of $471.0 per contract. There were 813 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold. 
• Regarding MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on September 20, 2024. Parties traded 500 contract(s) at a $10.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $52.4K, with a price of $105.0 per contract. There were 499 open contracts at this strike prior to today, and today 503 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on October 18, 2024. Parties traded 100 contract(s) at a $35.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $32.5K, with a price of $325.0 per contract. There were 2831 open contracts at this strike prior to today, and today 456 contract(s) were bought and sold. 
• Regarding WOOF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 20, 2024. Parties traded 928 contract(s) at a $2.50 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $51.2K, with a price of $55.0 per contract. There were 3660 open contracts at this strike prior to today, and today 363 contract(s) were bought and sold. 
• Regarding HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on October 18, 2024. Parties traded 34 contract(s) at a $360.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $59.1K, with a price of $1740.0 per contract. There were 355 open contracts at this strike prior to today, and today 363 contract(s) were bought and sold. 
• For TJX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>), we notice a call option sweep that happens to be bullish, expiring in 129 day(s) on January 17, 2025. This event was a transfer of 194 contract(s) at a $125.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $330.0 per contract. There were 2421 open contracts at this strike prior to today, and today 280 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 news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DKNG

ETSY

WOOF

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Deutsche Bank analyst Edison Yu reinstates Mobileye Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) with a Hold and announces $15 price target.

Price Target

Initiation

Analyst Ratings

Deutsche Bank Reinstates Hold on Mobileye Global, Announces $15 Price Target

Investor Gary Black addressed a common misconception among Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) enthusiasts regarding Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) and its lidar technology. On Tuesday, Black posted that Mobileye is not discontinuing lidar use but opting to source it externally.
What Happened: Black emphasized that Mobileye will purchase lidar units from third-party vendors instead of developing them in-house. He urged readers to understand the full context before jumping to conclusions.
&#8220;Once again, some Tesla bulls misreading the headlines,&#8221; he wrote.
Israel-based Mobileye, which is owned by Intel, and Tesla were partners in developing Elon Musk-led EV giant&#8217;s Autopilot autonomous-driving device. However, the partnership ended in 2016 when Mobileye turned to BMW to develop the latter&#8217;s self-driving vehicles.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40758803/did-a-potential-stock-sale-by-elon-musk-lead-to-fall-in-tesla-shares-top-analyst-sa?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Did A Potential Stock Sale By Elon Musk Lead To Fall In Tesla Shares? Top Analyst Says It Could Instead Be Because Of Broader Selloff In AI Stocks</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Once again, some <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> bulls misreading the headlines. <a href="https://twitter.com/search?q=%24MBLY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MBLY</a> is not ending use of lidar in their autonomous driving systems. They will buy lidar units cheaper from third party vendors rather than develop lidar units internally. Please read the article. "Mobileye has chosen to… <a href="https://t.co/3AHzn0rqmU">https://t.co/3AHzn0rqmU</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1833354776181932114?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Black&#8217;s post was in response to a post by investor Sawyer Merritt, who reported that Mobileye is ending its lidar development and laying off about 100 employees.
Why It Matters: The clarification from Black comes amid reports that Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is considering a strategic <a href="https://www.benzinga.com/m-a/24/09/40747080/intel-eyes-mobileye-stake-sale-amid-pressure-stock-slides">stake sale in Mobileye,</a> which has impacted the stock&#8217;s performance. Mobileye&#8217;s decision to source lidar externally could be a strategic move to cut costs and focus on other technological advancements.
Mobileye recently reported a <a href="https://www.benzinga.com/markets/asia/24/08/40099781/mobileye-beats-q2-estimates-despite-3-revenue-decline-ceo-warns-of-challenges-in-the-second-half">3% revenue decline</a> in the second quarter of 2024 but managed to beat analyst expectations. The company faces challenges in the second half of the year, as highlighted by its CEO.
Price Action: Mobileye was trading 0.90% higher during Tuesday&#8217;s pre-market after closing 3.46% lower on Monday, according to <a href="https://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40747427/tesla-won-some-brownie-point-by-not-doing-anything-wrong-like-gm-volkswagen-says-industry-watche?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Won Some Brownie Points By Not Doing Anything Wrong Like GM, Volkswagen, Says Industry Watcher, Calls FSD Elon Musk&#8217;s &#8216;Passion Project&#8217;</a></li>
</ul>
Photo via Wikimedia Commons
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

General

'Tesla Bulls Misreading The Headlines:' Gary Black Clarifies On Elon Musk-Led EV Giant's Rival Mobileye's Lidar Decision

Operating expenses for the lidar R&amp;D unit are expected to total approximately&nbsp;$60 million&nbsp;in 2024 (including approximately&nbsp;$5 million&nbsp;related to share-based compensation expenses).

Mobileye Expects Ending Internal Lidar Development Action Not To Have Material Impact On Results In 2024; To Result In Avoidance Of Lidar Development Spending In The Future

This decision was based on a variety of factors, including substantial progress on EyeQ6-based computer vision perception, increased clarity on the performance of internally developed imaging radar, and continued better-than-expected cost reductions in third-party time-of-flight lidar units.

Mobileye Elects To End The Internal Development Of Next-Generation FMCW Lidars; Lidar R&D Unit To Be Wound Down By End Of 2024, Affecting About 100 Employees

Mobileye: Bright Future, But Intel Overhang Is A Problem

Mobileye: Investing In The Long-Term Opportunity

Sensata Technologies: Sensors Are Waiting For Green Shoots (Rating Downgrade)

Wall Street sports a solid midday lead, as investors unpack retail sales data and the Federal Open Market Committee (FOMC) kicks off its two-day policy meeting.

Dow, SPX Score Record Highs Ahead Of Rate Cut Decision

Intel says it has no plans to divest majority interest in Mobileye

Mobileye surges as Intel says it has no plans to divest majority interest

While chip stock Intel ($INTC) has done quite a few things to raise cash as it struggles to regain its place in the chip market, one thing that it ...

Intel (NASDAQ:INTC) Planning to Keep Mobileye (NASDAQ:MBLY) Stake

Analyst George Gianarikas from Canaccord Genuity maintained a Buy rating on Mobileye Global, Inc. Class A (MBLY – Research Report) and keeping the ...

Mobileye Global, Inc.: Poised for Growth Amidst Reviving Investor Confidence and Reduced China Exposure

Mobileye: Hit Your Breaks On This One (Downgrade)

There are some signs that chip maker Intel ($INTC) is starting to make a comeback. News has been good for Intel of late, and the market is starting...

New Chips, New Codes Give Intel (NASDAQ:INTC) a Boost

ABNB

INVZ

LAZR

Press Releases

Volkswagen Group Names Mobileye Among Top Suppliers for 2024

Mobileye Announces Timing of its Second Quarter 2024 Results

Mobileye Releases Second Quarter 2024 Results, Updates Guidance and Provides Business Overview

Zeekr and Mobileye to Accelerate Technology Collaboration in China

MOBILEYE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Mobileye Global Inc. - MBLY

Legal

MOBILEYE ALERT: Bragar Eagel & Squire, P.C. is Investigating Mobileye Global Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Mobileye Announces Participation in Upcoming Third Quarter 2024 Investor Conferences

MOBILEYE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Mobileye Global Inc. - MBLY

Mobileye to End Internal Lidar Development

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Autoliv

Aptiv

American Axle & Manufacturing Holdings, Inc. Common Stock

American Axle & Mfg Hldgs

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Dana

Dorman Prods

ECARX Holdings Inc. - Class A Ordinary shares

ECARX Holdings

Fox Factory Hldg

Gentex

Garrett Motion

Holley

Hesai Group - American Depositary Share, each ADS represents one Class B ordinary share

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