
Wilmington, Del., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Participating in a tradition that has evolved since 1792, today, employees from Ashland Inc. (NYSE: ASH) gathered on the floor of the New York Stock Exchange as Guillermo Novo, chair and chief executive officer, Ashland, joined by company executives, rang the trading day’s opening bell . The event signifies a decade of evolution, resilience and sustainable solutions for the additives and specialty ingredients company and recognizes its 100-year anniversary. “I want to thank our employees for their dedication, our customers for their trust and our shareholders for their support over the years which continues to be the foundation of our success,” said Guillermo Novo, chair and chief executive officer, Ashland. From its origin of gavel banging to the modern workday bell ringing , the ritual marks the start and end of trading through the years and has come to celebrate economic growth and progress. One year ago, Ashland introduced seven new technology platforms aligned to the company’s pharmaceutical, personal care and specialty additives core, that extend to secondary markets with new and differentiated capabilities to unlock organic growth for Ashland and its customers worldwide. The platform solutions bring “new to the world” sustainable innovations, offering tunable choices to customers to enable the reshaping of their product portfolios, answering global megatrends, and responding to various regulatory landscapes. “As the stock market has demonstrated resilience through devastating lows and exuberant highs over time, Ashland has consistently transformed itself ahead of market trends from an oil and refining company to a matrixed chemical company, and from a broad chemicals and materials provider to the focused additives and specialty ingredients company we are today; integrating environmental, social and governance (ESG) in our operating plans to responsibly solve for a better world,” said Novo. strategy update event Ashland is hosting a strategy update event for analysts and investors on December 10, 2024, in New York City. The company will provide an in-depth review of Ashland’s strategic priorities, key initiatives and financial objectives while emphasizing a proactive approach to market uncertainty in fiscal year 2025. The event includes presentations and prepared remarks from members of Ashland’s executive team, as well as breakout sessions for in-person attendees and an opportunity for both live and webcast attendees to ask questions during moderated Q&A sessions. “This was a year marked by recovery from prolonged inventory destocking in the materials sector, yet Ashland was able to deliver strategic progress, margin expansion, high-quality free cash flow, and disciplined execution across our global portfolio,” continued Novo. “Despite a complex operating environment, we demonstrated our ability to drive value through portfolio optimization, commercial excellence, and focused growth in our core markets. As we execute our strategy, we remain focused on delivering sustainable, profitable growth and long-term shareholder value. I look forward to providing more context during our upcoming event,” concluded Novo. To participate in Ashland’s strategy update event, interested participants must register for the event and have the option to attend via live webcast or in person. Presentations are expected to begin at 9:00 a.m. ET and conclude following Q&A sessions at 11:00 a.m. ET. After Q&A, in-person attendees will have the opportunity to discuss key initiatives with business line leaders and scientists in breakout sessions until 12:00 p.m ET. To register, participants should use the following link: registration page . Registration information and further event details will be posted on Ashland’s investor website at http://investor.ashland.com . A webcast of the event will be available live and can be accessed, along with supporting materials, through the Ashland website. A replay will be available within 24 hours of the live event and will be archived, along with supporting materials, on Ashland’s website for 12 months. Copies of the presentation may also be requested by sending an email to investor_relations@ashland.com About Ashland Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environmental, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, personal care and pharmaceutical. Approximately 3,200 passionate, tenacious solvers thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/ESG to learn more. TM Trademark, Ashland or its subsidiaries, registered in various countries. FOR FURTHER INFORMATION: Attachments Press_Release_ASH_100_Yr_Bell_Ringing_20241209 100 yr anniversary lockup for PR Dec 2024The latest episodes focus on the importance of mental health resources for the next generation of collegiate athletes ENGLEWOOD CLIFFS, N.J. , Dec. 17, 2024 /PRNewswire/ -- LG Electronics will record the finale of the third season of its "Transparent Conversations" podcast this week in Louisville as the NCAA crowns this year's women's volleyball champion. "Transparent Conversations" is aimed at sharing powerful conversations about the unique mental health issues facing today's student-athletes. The season finale, which is set to tape during the NCAA women's volleyball championship this week in Louisville , will focus on building stronger support for student-athletes' mental health. In this episode, LG takes a closer look at how we can better support the mental health of student-athletes. From schools to home to online and everywhere in between, we'll explore practical ways to create a caring, connected community that helps them thrive. Social media has played a significant role in amplifying the visibility of women's sports, allowing athletes and teams to build personal brands, reach larger audiences and inspire new generations of fans. However, navigating social media is often challenging for athletes due to the pressure to maintain a positive image, increased scrutiny and frequent exposure to criticism and harassment. This constant connectivity and potential for negative feedback have been linked to heightened mental health struggles, making it a double-edged sword for many athletes – especially in the new world of name, image and likeness (NIL). That's why, says podcast host Taylor Rooks , it's important we create safe spaces where athletes feel comfortable talking about their challenges. "Open and honest communication is the key," she said. "Being able to discuss the issues that weigh heavily on your mind is crucial, especially for these athletes who are juggling the pressures of sports, academics, family relationships and friendships. The addition of NIL is yet another layer." Rooks will welcome Victoria Garrick Browne , a USC alum and volleyball player who's gone on to play semi-pro volleyball and has become an advocate for mental health and positive body image. She shares her insights and stories via her podcast "The Hidden Opponent" and on stage at TED Talks. Joining her will be Eric Gross , a mental health therapist at the University of Louisville , who provides therapy, group and team meetings, as well as education to the coaches and staff. The final episode of "Transparent Conversations" will tape from the floor of this year's NCAA Women's Volleyball finals on Sunday, Dec. 22 and will be available in mid-January wherever you get your podcasts. The most recent episodes have tackled topics such as the importance of resilience, overcoming setbacks and balancing the entrepreneurial nature of NIL contracts and have been recorded at Rutgers University , The Ohio State University and the University of Tennessee . These episodes and others are live on Spotify and Apple Podcasts . To learn more about LG's partnership with the NCAA or listen to the "Transparent Conversations" podcast, visit www.lg.com/ncaa and www.lg.com/us/transparent-conversations. About LG Electronics USA LG Electronics USA , Inc., based in Englewood Cliffs, N.J. , is the North American subsidiary of LG Electronics, Inc., a $60-billion -plus global innovator in technology and manufacturing. In the United States , LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com . Media Contacts: LG Electronics USA Chris De Maria christopher.demaria@lge.com 908-548-4515 Kristi Hubert Kristi.hubert@LG-One.com 630-995-5444 View original content to download multimedia: https://www.prnewswire.com/news-releases/championing-mental-health-for-ncaa-student-athletes-lg-electronics-concludes-3rd-season-of-transparent-conversations-podcast-302334207.html SOURCE LG Electronics USA © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Nokia Corporation Stock Exchange Release 17 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 17.12.2024 Espoo, Finland - On 17 December 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 17 December 2024 was EUR 3,741,698. After the disclosed transactions, Nokia Corporation holds 216,009,778 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today - and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: [email protected] Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: [email protected] Attachment Daily Report 2024-12-17
Boney on Jahnvi and Anshula's weight loss journeys
Florida Gulf Coast 59, Cincinnati 52
Ex-Rep. Anthony Weiner, jailed for sexting child, eyes political comeback in New York City CouncilCHAMPIONING MENTAL HEALTH FOR NCAA STUDENT-ATHLETES: LG ELECTRONICS CONCLUDES 3RD SEASON OF 'TRANSPARENT CONVERSATIONS' PODCAST
Financial giants have made a conspicuous bearish move on NIO. Our analysis of options history for NIO NIO revealed 28 unusual trades. Delving into the details, we found 28% of traders were bullish, while 71% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $445,200, and 25 were calls, valued at $1,229,396. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1.0 to $7.0 for NIO over the recent three months. Volume & Open Interest Trends Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in NIO's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NIO's substantial trades, within a strike price spectrum from $1.0 to $7.0 over the preceding 30 days. NIO Option Volume And Open Interest Over Last 30 Days Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume NIO PUT TRADE BULLISH 01/16/26 $1.03 $1.0 $1.0 $4.00 $300.0K 105.2K 3.0K NIO CALL SWEEP BULLISH 06/20/25 $0.7 $0.68 $0.7 $6.00 $126.0K 9.5K 2.0K NIO CALL SWEEP BULLISH 06/20/25 $0.7 $0.68 $0.7 $6.00 $97.6K 9.5K 2.5K NIO PUT SWEEP BEARISH 04/17/25 $0.44 $0.42 $0.44 $4.00 $88.0K 44.8K 2.0K NIO CALL SWEEP BEARISH 02/21/25 $0.41 $0.4 $0.4 $5.00 $80.2K 42.4K 1.7K About NIO Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 160,000 EVs in 2023, accounting for about 2% of the China passenger new energy vehicle market. In light of the recent options history for NIO, it's now appropriate to focus on the company itself. We aim to explore its current performance. Current Position of NIO With a trading volume of 23,968,259, the price of NIO is up by 2.9%, reaching $4.61. Current RSI values indicate that the stock is may be approaching overbought. Next earnings report is scheduled for 70 days from now. Expert Opinions on NIO 1 market experts have recently issued ratings for this stock, with a consensus target price of $3.9. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access .* Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Sell with a new price target of $3. 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 NIO options trades with real-time alerts from Benzinga Pro . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Syracuse, Albany each hoping to get right at expense of the other
Syrian government services come to ‘complete halt’ as workers stay at homeRadical Jaguar rebrand and new logo sparks ire online NEW YORK (AP) — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car. The rebrand, which includes a new logo, is slated to launch Dec. 2 during Miami Art Week, when the company will unveil a new electric model. But Jaguar Land Rover, a unit of India’s Tata Motors Ltd., has been promoting it online. The Jaguar brand is in the middle of a transition to going all-electric. “Copy Nothing,” marketing materials read. “We’re here to delete the ordinary. To go bold. To copy nothing.” Trump has promised again to release the last JFK files. But experts say don’t expect big revelations DALLAS (AP) — The nation is set to mark 61 years since President John F. Kennedy was assassinated as his motorcade passed through downtown Dallas on Nov. 22, 1963. Even after over six decades, conspiracy theories about what happened that day still swirl and the desire to follow every thread of information hasn’t waned. President-elect Donald Trump made promises over the summer that if reelected he would declassify the remaining records. At this point, only a few thousand of millions of pages of governmental records related to the assassination have yet to be fully released. And those who have studied what's been released so far say that the public shouldn’t anticipate any earth-shattering revelations even if the remaining files are declassified. Bitcoin is at the doorstep of $100,000 as post-election rally rolls on NEW YORK (AP) — Bitcoin is jumping again, rising above $98,000 for the first time Thursday. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. NFL issues security alert to teams and the players' union following recent burglaries The NFL has issued a security alert to teams and the players’ union following recent burglaries involving the homes of Chiefs stars Patrick Mahomes and Travis Kelce. In a memo obtained by The Associated Press, the league says homes of professional athletes across multiple sports have become “increasingly targeted for burglaries by organized and skilled groups.” Law enforcement officials noted these groups target the homes on days the athletes have games. Players were told to take precautions and implement home security measures to reduce the risk of being targeted. Some of the burglary groups have conducted extensive surveillance on targets. Penn State wins trademark case over retailer's use of vintage logos, images PHILADELPHIA (AP) — Penn State has won a closely watched trademark fight over an online retailer’s use of its vintage logos and images. A Pennsylvania jury awarded Penn State $28,000 in damages earlier this week over products made and sold by the firms Vintage Brand and Sportswear Inc. Penn State accused them of selling “counterfeit” clothing and accessories. The defendants said their website makes clear they are not affiliated with Penn State. At least a dozen other schools have sued the defendants on similar grounds, but the Pennsylvania case was the first to go to trial. Has a waltz written by composer Frederic Chopin been discovered in an NYC museum? NEW YORK (AP) — A previously unknown musical work written by composer Frederic Chopin appears to have been found in a library in New York City. The Morgan Library & Museum says the untitled and unsigned piece is the first new manuscript of the Romantic era virtuoso to be discovered in nearly a century. Robinson McClellan, the museum’s curator, says he stumbled across the work in May while going through a collection brought to the Manhattan museum years earlier. He worked with outside experts to verify the document's authenticity. But there’s debate whether the waltz is an original Chopin work or merely one written in his hand. Volcano on Iceland's Reykjanes Peninsula erupts for the 7th time in a year GRINDAVIK, Iceland (AP) — A volcano on the Reykjanes Peninsula in southwestern Iceland is spewing lava from a fissure in its seventh eruption since December. Iceland's seismic monitors said the eruption started with little warning late Wednesday and created a long fissure but looked to be smaller than eruptions in August and May. Around 50 houses were evacuated after the Civil Protection agency issued the alert, along with guests at the famous Blue Lagoon resort, according to the national broadcaster. The repeated eruptions over the past year have caused damage to the town of Grindavík and forced people to relocate. Australian teen and British woman who drank tainted alcohol in Laos have died, bringing toll to 5 VIENTIANE, Laos (AP) — An Australian teenager and a British woman have died after drinking tainted alcohol in Laos in what Australia’s prime minister said was every parent’s nightmare. Officials earlier said an American and two Danish tourists also had died following reports that multiple people had been sickened in town popular with backpackers. Australian Prime Minister Anthony Albanese told Parliament that 19-year-old Bianca Jones had died after being evacuated from Vang Vieng, Laos, for treatment in a Thai hospital. Her friend, also 19, remains hospitalized in Thailand. Later Thursday, Britain said a British woman also died and the media in the U.K. identified her as 28-year-old Simone White. US ahead in AI innovation, easily surpassing China in Stanford's new ranking The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University index. There’s no surefire way to rank global AI leadership but Stanford researchers have made an attempt by measuring the “vibrancy” of the AI industry across a variety of dimensions, from how much research and investment is happening to how responsibly the technology is being pursued to prevent harm. Following the U.S. and China were the United Kingdom, India and the United Arab Emirates. Pop star Ed Sheeran helps favorite soccer team sign player before getting on stage with Taylor Swift It turns out British pop star Ed Sheeran is also good at recruiting soccer players. Sheeran is a minority shareholder at English soccer team Ipswich Town and it needed his help over the summer to get a player to join the club. Ipswich CEO Mark Ashton tells a Soccerex industry event in Miami: “Ed jumped on a Zoom call with him at the training ground, just before he stepped on stage with Taylor Swift. Hopefully that was a key part in getting the player across the line.” Ashton didn’t disclose the player in question, saying only: “He’s certainly scoring a few goals.”4DDiG 2024 Christmas Sale: Enjoy Up to 80% Off on Top Software ProductsIf you’ve been thinking about treating yourself (or surprising someone special) this holiday season, now is the perfect time to invest in the PlayStation 5 Slim . Released just a few years ago, it has quickly become one of the most popular gaming console on the market. With Amazon offering an unexpected Black Friday deal, you can snag the PS5 Slim for just $424, down from its list price of $499 . This is a record low price for the PS5 Slim . See at Amazon Amazon’s commitment to providing the best prices during Black Friday means you can shop with confidence: if you happen to see a lower price later on on the site, Amazon guarantees to refund you the difference. Additionally, they have extended their return policy until January 31, 2025 so that you have plenty of time to make sure your gift is perfect without the usual 30-day limit. Gaming Powerhouse The PS5 Slim boasts great specifications that will improve your gaming experience for sure: Iit features a sleek design measuring 358 × 96 × 216 mm and weighs just 3.2 kg which makes it significantly lighter and more compact than its predecessor. The console is powered by an AMD Ryzen Zen 2 CPU with 8 cores and 16 threads and operates at variable frequencies up to 3.5 GHz. Its graphics performance is equally robust thanks to the AMD Radeon RDNA 2-based engine that supports ray tracing acceleration and operates at frequencies up to 2.23 GHz. The PS5 Slim has an internal storage capacity of 1TB SSD which allows for faster loading times and ample space for your favorite games. However, you should note that usable storage will be slightly less due to system software requirements (approximately 800GB). The console supports Ultra HD Blu-ray discs so you that you can enjoy high-definition movies and games. As we approach the end of the year, sales of gaming consoles typically skyrocket and make this Black Friday promotion all the more enticing. The holiday season is upon us and with it comes the tradition of gift-giving: the PS5 Slim has emerged as one of the hottest items on wish lists across the globe and it’s currently the best selling console on Amazon (over 30,000 units sold in the past 30 days). This unprecedented discount on the PS5 Slim couldn’t come at a better time, as people usually buy consoles around the holiday season. With its compact size and powerful performance, this model is an ideal gift for gamers of all ages. We really recommend not to miss out on this chance to purchase a PS5 Slim at a record low price: the Xbox Series X ran out of stock today, it might happen to the PS5 Slim very soon too. See at Amazon
Peter Dutton accused of preventing bipartisan show of unity after Adass Israel synagogue firebombing
Inter Milan Goalkeeper Urges Teammates To Learn Lesson From Bayer Leverkusen Heartbreak: “Take This Experience & Move Forward”None
LAS VEGAS , Dec. 24, 2024 /PRNewswire/ -- The leading charging solution provider TESSAN has announced its participation in CES 2025, where it will present its latest innovations designed to enhance connectivity and convenience for users. Visitors can explore the brand's new offerings at Booth 30562 in the Las Vegas Convention Center, South Hall 2. "Tessan aims to be a reliable companion for users in their lives and travels, ensuring that they stay connected at home or on the go. Participating in CES 2025 is also an opportunity for us to deepen the connection with more users, offering them a tangible experience of our commitment to innovation and sustainability," said Alex, CEO of TESSAN. At the heart of TESSAN's showcase are products that reflect its core values: simplicity and convenience, innovation and efficiency, as well as sustainability. Every product is designed with a user-centric approach, integrating advanced technologies and sustainable practices to meet modern demands. A highlight of the exhibit will be the 140W Universal Travel Adapter, designed for global use with EU, UK, US, and Australian plugs. Its lightweight, compact design makes it travel-ready. USB-C ports offer up to 140 watts for fast charging, while USB-A ports provide 18 watts. It can charge multiple devices simultaneously, including smartphones, laptops, cameras, and CPAP machines. Advanced safety features, like double-patented auto-resetting fuses, ensure secure operation. Another innovation on display is the 100W Charging Station. Compact and designed to save space, this multi-functional device can charge up to nine gadgets simultaneously at high speed. Its sleek upright design combines style with functionality, while robust safety measures safeguard devices from overcurrent, voltage surges, and overheating, ensuring uninterrupted charging around the clock. For electric vehicle owners, TESSAN will showcase its Level 2 Smart EV Charger, a high-performance charging solution that delivers up to 11.5kW/h, offering remote control via Wi-Fi or Bluetooth, off-peak scheduling, and adjustable currents. Compatible with most North American electric and plug-in hybrid vehicles, its SAE J1772 connector and water-resistant, fireproof design ensure safety and reliability. These innovative products have not gone unnoticed in the industry. In May 2024 , TESSAN was recognized at the MUSE Design Awards, earning gold and silver honors for its Intelligent Charging Set, multi-functional fast charging socket, and Household EV AC Charger. These accolades reflect the brand's dedication to blending exceptional design with cutting-edge functionality, resonating with users worldwide. Beyond technology, TESSAN remains deeply committed to environmental sustainability. In August 2024 , the brand received ClimatePartner certification, signifying its alignment with eco-friendly practices. Most recently, it announced a collaboration with the non-profit organization One Tree Planted, launching an initiative to plant 10,000 trees as part of its efforts to mitigate climate change and support global reforestation. As a brand committed to empowering users to explore the unknown while safeguarding the planet, TESSAN continues to lead through innovation, sustainability, and meaningful action. CES 2025 promises to be an exciting opportunity for audiences to witness these values brought to life. About TESSAN TESSAN, a trusted partner in charging solutions, is committed to enriching experiences both at home and during travel. The brand offers a wide array of products, including multifunctional power strips, travel adapters, wall extenders, and smart home devices. Supported by a robust R&D and production team, TESSAN develops innovative socket products for users across the globe. With the trust of over 20 million users, TESSAN empowers their journeys from home to every destination, promoting environmentally conscious electricity usage. For more information, visit www.tessan.com or the TESSAN Amazon store , and follow TESSAN on Facebook , Instagram , and YouTube . View original content to download multimedia: https://www.prnewswire.com/news-releases/ces-2025-preview-tessan-to-showcase-charging-solutions-for-enhanced-connectivity-and-convenience-302338829.html SOURCE TESSAN
Ex-Malaysian PM Mahathir Denies Betraying Country Over Island DisputeFinancial giants have made a conspicuous bearish move on NIO. Our analysis of options history for NIO NIO revealed 28 unusual trades. Delving into the details, we found 28% of traders were bullish, while 71% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $445,200, and 25 were calls, valued at $1,229,396. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1.0 to $7.0 for NIO over the recent three months. Volume & Open Interest Trends Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in NIO's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NIO's substantial trades, within a strike price spectrum from $1.0 to $7.0 over the preceding 30 days. NIO Option Volume And Open Interest Over Last 30 Days Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume NIO PUT TRADE BULLISH 01/16/26 $1.03 $1.0 $1.0 $4.00 $300.0K 105.2K 3.0K NIO CALL SWEEP BULLISH 06/20/25 $0.7 $0.68 $0.7 $6.00 $126.0K 9.5K 2.0K NIO CALL SWEEP BULLISH 06/20/25 $0.7 $0.68 $0.7 $6.00 $97.6K 9.5K 2.5K NIO PUT SWEEP BEARISH 04/17/25 $0.44 $0.42 $0.44 $4.00 $88.0K 44.8K 2.0K NIO CALL SWEEP BEARISH 02/21/25 $0.41 $0.4 $0.4 $5.00 $80.2K 42.4K 1.7K About NIO Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 160,000 EVs in 2023, accounting for about 2% of the China passenger new energy vehicle market. In light of the recent options history for NIO, it's now appropriate to focus on the company itself. We aim to explore its current performance. Current Position of NIO With a trading volume of 23,968,259, the price of NIO is up by 2.9%, reaching $4.61. Current RSI values indicate that the stock is may be approaching overbought. Next earnings report is scheduled for 70 days from now. Expert Opinions on NIO 1 market experts have recently issued ratings for this stock, with a consensus target price of $3.9. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access .* Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Sell with a new price target of $3. 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 NIO options trades with real-time alerts from Benzinga Pro . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
GOP Armed Services chair criticizes ban on gender-affirming care for minors in NDAAAyar Labs, a developer of computer chips that use light to transmit data between each other, has captured $155 million in Series D capital to support its push into high-volume manufacturing. Founded in 2015, Ayar Labs is pushing its optical input/output technology as an alternative to traditional electrical I/O in light of growing demand for large-scale artificial intelligence workloads . Advent International and Light Street Capital led the Series D round, which brings Ayar Labs’ total amount of investment raised since inception to $370 million and touted valuation to $1 billion. AMD Ventures, Intel Capital, Nvidia, 3M New Ventures and Autopilot are among the new investors announced Wednesday. Take note of the first three names in the list, all of them being notable chip manufacturers themselves. They join this group of existing investors that also took part in the new round: Applied Ventures LLC, Axial Partners, Boardman Bay Capital Management, GlobalFoundries, IAG Capital Partners, Lockheed Martin Ventures, Playground Global and VentureTech Alliance. By leaning on optical solutions, Ayar Labs believes enterprises can maximize compute efficiency and performance for AI infrastructure with an eye toward reducing energy costs and power consumption. “The leading GPU providers – AMD and NVIDIA – and semiconductor foundries – GlobalFoundries, Intel Foundry, and TSMC – combined with the backing of Advent, Light Street, and our other investors underscores the potential of our optical I/O technology to redefine the future of AI infrastructure,” Ayar Labs’ co-founder and chief executive Mark Wade said in a release. “We are incredibly fortunate to have the backing of Light Street’s deep expertise in technology-specific investments as well as Advent’s robust private and growth equity background in this funding round.” Ayar Labs describes its flagship product as the first in-package optical I/O offering that is standards-based, commercial-ready, and optimized for AI training and inference. Jordan Katz, a partner at Advent Global Opportunities, will join Ayar Labs’ board of directors following the Series D round’s closure. Lockheed Martin’s venture capital arm first backed Ayar Labs in 2020 to aid in the further development and commercialization of the latter’s main offering for use in AI and high-performance computing, among other applications. Below is Mark Wade's Wednesday appearance on Bloomberg TV to explain Ayar Labs' strategy and vision.