Trump’s FCC pick comes in swinging at Big Tech
Kohl's Corp. stock outperforms competitors despite losses on the dayInvestors with a lot of money to spend have taken a bearish stance on Goldman Sachs Gr GS . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 10 uncommon options trades for Goldman Sachs Gr. This isn't normal. The overall sentiment of these big-money traders is split between 20% bullish and 40%, bearish. Out of all of the special options we uncovered, 3 are puts, for a total amount of $133,660, and 7 are calls, for a total amount of $249,717. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $700.0 for Goldman Sachs Gr over the recent three months. Analyzing Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Goldman Sachs Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Goldman Sachs Gr's substantial trades, within a strike price spectrum from $300.0 to $700.0 over the preceding 30 days. Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume GS PUT SWEEP BEARISH 02/21/25 $28.25 $27.5 $27.95 $600.00 $50.6K 116 16 GS PUT TRADE NEUTRAL 03/21/25 $33.3 $32.65 $32.95 $600.00 $49.4K 504 15 GS CALL TRADE BULLISH 01/16/26 $58.75 $58.65 $58.75 $620.00 $47.0K 338 8 GS CALL TRADE BEARISH 01/16/26 $31.15 $30.35 $30.65 $700.00 $45.9K 551 15 GS CALL TRADE NEUTRAL 07/18/25 $91.75 $90.0 $90.88 $525.00 $36.3K 0 4 About Goldman Sachs Gr Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa. In light of the recent options history for Goldman Sachs Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance. Current Position of Goldman Sachs Gr Currently trading with a volume of 527,739, the GS's price is down by -0.78%, now at $586.98. RSI readings suggest the stock is currently is currently neutral between overbought and oversold. Anticipated earnings release is in 33 days. What The Experts Say On Goldman Sachs Gr Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $621.8. 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 .* In a cautious move, an analyst from HSBC downgraded its rating to Hold, setting a price target of $608. * An analyst from Citigroup persists with their Neutral rating on Goldman Sachs Gr, maintaining a target price of $585. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $550. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $686. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Goldman Sachs Gr with a target price of $680. 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 Goldman Sachs Gr options trades with real-time alerts from Benzinga Pro . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Macerich Announces Commencement of Public Offering of Common Stock
(BPT) - Consumers are facing increasing costs on virtually every purchase these days and auto insurance is no exception. While skyrocketing costs of this auto-related expense can be attributed to everything from parts replacement to service — even health costs as a result of accidents — consumers can better manage these increases with thoughtful study and attention to detail. Some of the common causes for higher insurance rates are Inflation, car accidents, extreme weather conditions such as hail, hurricanes and wind, along with increased vehicle theft claims. Mercury Insurance has partnered with financial literacy influencer Sam Jarman to highlight specific ways consumers can address these rising costs. "Your car is the second biggest expense for most people, right behind your home, and car insurance is a big part of that," said Jarman. "Checking rates and coverage with your Mercury Insurance agent makes sense along with choosing a car with low maintenance costs." According to Consumer Price Index data released earlier this year, car insurance rates are up almost 21% year-over-year for the 12 months which ended in February. The last time car insurance rates rose that much on an annual basis was 1976. Here are some auto insurance statistics recently released from Forbes : "Our goal is to help our customers get the best rates possible because we know that every dollar counts." said Justin Yoshizawa, Director, Product Management, State. "We encourage consumers to build a close relationship with their agent and discuss what discounts they may be eligible to receive. The answer might be surprising." Mercury offers the following tips for lowering your insurance costs: Review your deductibles with your insurance agent – It is recommended that you review your coverage and deductible with your Mercury agent at least once a year. Their wisdom and experience can help you make wise decisions regarding your insurance. Explore car insurance discounts – In addition to bundling your home and auto insurance, Mercury offers discounts for multi-car, good drivers, good students and auto pay. Your agent may have additional discounts to offer. Let Your Insurer Track Your Driving – Most insurers offer discounts for customers who install telematics. This technology allows your insurance company to collect information regarding your mileage and driving habits. This can also provide valuable information regarding your driving as well as saving you money. Drive a safe car with low repair costs – According to Bankrate , some of the cheapest cars to insure are the Subaru Outback, Honda CR-V and Honda Pilot. Also, look for cars with lower repair costs such as the Toyota Corolla, Toyota Prius and Tesla Model 3. Doing some research before you purchase a vehicle can save you money over the length of ownership. Install an anti-theft device on your car – Drivers may receive an additional discount on your auto insurance if you install an anti-theft device on your car. Before you buy a car, compare insurance costs – You can get a fast and easy quote from your Mercury Insurance agent. To receive a quote, you can reach us at 844-514-2893. To learn more about common types of auto insurance discounts, visit https://www.mercuryinsurance.com/resources/auto/understanding-types-of-auto-insurance-discounts.html . For more information on your auto insurance, you can reference the Insurance Information Institute .Mount Sinai Health System has opened the Hamilton and Amabel James Center for Artificial Intelligence and Human Health at its Icahn School of Medicine to foster collaboration across multiple programs dedicated to enhancing healthcare delivery through the research, development and application of artificial intelligence tools and technologies. WHY IT MATTERS By placing these programs under one roof and better integrating research and data, Mount Sinai aims to propel AI-fueled medical discoveries. The new center will cultivate an optimal environment for researchers to deepen their understanding, diagnosis and treatment of human diseases, health system and medical school leaders said Monday. Mount Sinai, one of New York City’s largest academic medical systems, said that the new 65,000-square-foot AI research facility will be located in eight of 12 floors of a repurposed building centrally located within its Manhattan campus. The Hamilton and Amabel James Center for AI and Human Health will house about 40 principal investigators and 250 graduate students, postdoctoral fellows, computer scientists and support staff, including the Windreich Department of AI and Human Health , the health system said. While the medical school has led AI research and development in U.S. healthcare, it is one of the first to establish a dedicated AI research center, according to Dr. Eric Nestler, MD, director of the Friedman Brain Institute, dean for academic and scientific affairs at Icahn School of Medicine at Mount Sinai and the chief scientific officer at Mount Sinai Health System. "By integrating AI technology across genomics, imaging, pathology, electronic health records and beyond, Mount Sinai is revolutionizing doctors’ capacity to diagnose and treat patients, reshaping the future of healthcare," he said in a statement. "If we want to use artificial intelligence for the greater good and make significant progress in healthcare, investing in AI research and development within academic institutions is essential," added Dr. Dennis S. Charney, Anne and Joel Ehrenkranz Dean at Icahn Mount Sinai and the health system's president for academic affairs. The school's AI and health department has several ongoing collaborations, partnerships and institutions across the health system, including one creating an AI Fabric for integrating machine learning and AI-driven decision-making throughout the health system’s eight hospitals, Mount Sinai said. The new Center for AI and Human Health will also host the Hasso Plattner Institute for Digital Health at Mount Sinai, Institute for Genomic Health and Division of Medical Genetics, Biomedical Engineering and Imaging Institute and the Institute for Personalized Medicine. THE LARGER TREND Mount Sinai has studied several ways that AI might tackle healthcare delivery modalities, from analyzing surgery videos to streamlining hospital administrative tasks. In April, Mount Sinai researchers evaluated the potential application for large language models to automate medical coding , comparing LLMs from OpenAI, Google and Meta. After assessing whether they could effectively match the right medical codes to their corresponding official text descriptions, the researchers found them inappropriate for medical coding work. While the health system passes on implementing some uses of AI models, Dr. Bruce Darrow, the health system's chief medical information officer and former interim chief digital information officer, told Healthcare IT News in June that all of Mount Sinai's applications will soon incorporate AI . "Just about every piece of software that we use at Mount Sinai if it doesn't already have AI built into it, I can expect it to have AI built into it over the course of the next three to five years, it's just the way that technology is going," he said. Then in September, Mount Sinai named Lisa S. Stump to the CDIO post and dean for information technology at its medical school to bridge its clinical, educational and research missions. The health system said her first task would be the planning and development of a comprehensive enterprise digital ecosystem that will improve collaboration between providers and researchers and work to integrate new technologies, like AI. ON THE RECORD "As AI technology is evolving rapidly, this moment is critical for maintaining leadership in digital health," Nestler said in a statement about the new AI center. "While large tech companies possess substantial funding and resources to access high-performance equipment, they lack access to a health care system, limiting their progress in the field," added Charney. Andrea Fox is senior editor of Healthcare IT News. Email: afox@himss.org Healthcare IT News is a HIMSS Media publication.