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Financial giants have made a conspicuous bearish move on Biogen. Our analysis of options history for Biogen BIIB revealed 12 unusual trades. Delving into the details, we found 25% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $307,864, and 2 were calls, valued at $62,250. Expected Price Movements Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $185.0 for Biogen during the past quarter. Volume & Open Interest Trends In terms of liquidity and interest, the mean open interest for Biogen options trades today is 215.75 with a total volume of 4,319.00. In the following chart, we are able to follow the development of volume and open interest of call and put options for Biogen's big money trades within a strike price range of $100.0 to $185.0 over the last 30 days. Biogen 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 BIIB PUT TRADE BEARISH 01/17/25 $28.4 $22.7 $27.2 $185.00 $35.3K 443 13 BIIB PUT SWEEP BEARISH 04/17/25 $15.7 $15.6 $15.6 $160.00 $34.3K 335 99 BIIB PUT TRADE BULLISH 04/17/25 $15.6 $15.5 $15.5 $160.00 $34.1K 335 422 BIIB CALL SWEEP BULLISH 04/17/25 $11.5 $11.4 $11.5 $170.00 $33.3K 83 52 BIIB PUT SWEEP BEARISH 04/17/25 $15.7 $15.0 $15.7 $160.00 $33.0K 335 231 About Biogen Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases. Having examined the options trading patterns of Biogen, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance Current Position of Biogen Trading volume stands at 594,099, with BIIB's price up by 0.47%, positioned at $159.45. RSI indicators show the stock to be may be oversold. Earnings announcement expected in 77 days. Professional Analyst Ratings for Biogen A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $229.4. 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 .* An analyst from Citigroup has revised its rating downward to Neutral, adjusting the price target to $190. * In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $270. * An analyst from JP Morgan has decided to maintain their Neutral rating on Biogen, which currently sits at a price target of $210. * Consistent in their evaluation, an analyst from Mizuho keeps a Outperform rating on Biogen with a target price of $207. * An analyst from Needham has revised its rating downward to Hold, adjusting the price target to $270. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Biogen with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
In a study published in Communications Earth & Environment , scientists uncovered evidence of an immense solar storm that struck Earth around 664–663 BCE. According to reports, researchers from the University of Arizona, including dendrochronologist Dr Irina Panyushkina and radiocarbon expert Dr Timothy Jull, said this "Miyake Event" left traces in ancient tree rings. These findings highlight the potential dangers such storms pose to modern technology-dependent societies. What Are Miyake Events? Named after Japanese physicist Fusa Miyake, who first identified them in 2012, Miyake Events are characterised by sharp increases in radiocarbon isotopes. These events are extremely rare, with only six confirmed occurrences in the past 14,500 years. The most recent was detected in tree-ring samples from Siberia, offering crucial insight into ancient solar activity. Radiocarbon forms when cosmic radiation interacts with nitrogen in the atmosphere, eventually converting into carbon dioxide, which trees absorb during photosynthesis. Dr Panyushkina explained in a statement that carbon-14 enters tree rings as part of the wood, recording solar activity year by year. Evidence from Trees and Ice Cores To confirm the findings , the team compared tree-ring data with beryllium-10 isotopes locked in ice cores from polar regions. Both isotopes increase during heightened solar activity, providing a dual record of past events. The researchers matched the data to pinpoint the event's occurrence nearly 2,700 years ago. Dr Panyushkina said in another statement that by analysing radiocarbon in tree rings alongside beryllium-10 in polar ice, they can confirm the timing of these rare solar storms. Implications for Modern Technology While fascinating, such events could devastate today's technology-reliant world. Satellite networks, power grids and communication systems would be at significant risk if a storm of this magnitude occurred now, scientists warned, as per sources. For the latest tech news and reviews , follow Gadgets 360 on X , Facebook , WhatsApp , Threads and Google News . For the latest videos on gadgets and tech, subscribe to our YouTube channel . If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube .Wall Street rises at the start of a holiday-shortened week
United Airlines Holdings's Options Frenzy: What You Need to KnowWhy are so many royals podcasting? And is anyone listening?EDUCATION | GRADUATION REQUIREMENTS When Massachusetts voters decided to ditch the state's standardized tests as a high school graduation requirement on Election Day, they joined a trend that has steadily chipped away at the use of high-stakes tests over the past two decades. The vote on the ballot question leaves only seven states with mandatory graduation exams, a number that could soon shrink further. A backlash to standardized tests has been fueled by complaints they take up too much classroom time and questions about how well they measure readiness for college or careers. It gained steam in recent years with concerns about equity and learning setbacks during the COVID-19 pandemic. In Massachusetts, a teachers union led the campaign against the graduation requirement, arguing it was keeping too many students from receiving a diploma and weighing too heavily on choices about school curriculum. The other side received backing from prominent business leaders including former New York City Mayor Michael Bloomberg and state officials including Gov. Maura Healey, a Democrat. "We shouldn't have different expectations for students depending on which ZIP code they live in," Healey said. "We should have a uniformity to our expectations and they should be high for our students and our families." The Massachusetts Comprehensive Assessment System tests are given in mathematics, science and technology, and English. The ballot question didn't end the tests, which are also used for assessing student progress. But passing them will no longer be required for a diploma. About 1% of high school seniors in Massachusetts, roughly 700 students, are denied a diploma each year because they failed the MCAS despite meeting other requirements. Most are English language learners or students with disabilities. Other states could abandon similar tests In the mid-2000s, a high of 27 states required students to pass an exam to graduate, according to the National Education Association, the nation's largest teachers union. The states that still have them, for now, are New York, Florida, Louisiana, Ohio, New Jersey, Texas and Virginia. In New York, state officials this month proposed a timeline to phase out exit exam requirements as part of an overhaul of graduation standards. Students would still take Regents exams in math, English, science and social studies, but beginning in the 202728 school year, passing scores would no longer be required for a diploma. The plan would give students alternatives like community service or capstone projects to demonstrate proficiency. Earlier this year, the Florida Senate passed a bill that would remove testing requirements for high school graduation, but the push stalled in the House. In New Jersey, a bill to end the state's graduation exam passed the state Assembly last year but then failed to pass the Senate. In Ohio, students must pass tests in reading, writing, mathematics, science and social studies to graduate. Louisiana also requires students to pass a test and is the only state without an appeals process. In Texas, students must pass end-of-course assessments in algebra, English, biology and U.S. history. Debate continues over how to measure readiness Harry Feder, executive director of FairTest, which opposes the use of tests as graduation requirements, said it makes sense to shift away from the tests he calls a "cheap and easy way" to conduct education. "What we want out of high school grads isn't measured very well by a standardized test," he said, including whether students are critical thinkers, problem solvers or able to collaborate. Critics say easing the graduation requirement will result in lower standards. "The vote against the MCAS is yet another sign of the overwhelming power of the teachers unions in blue states, and will turn Massachusetts diplomas into nothing but participation trophies," said Michael Petrilli, president of the right-leaning Fordham Institute. Financial support for the elimination of the Massachusetts test requirement largely came from teachers unions, including the Massachusetts Teachers Association, which contributed millions in direct and in-kind donations, and the NEA, which donated at least $500,000. On the other side, Bloomberg contributed $2.5 million to the campaign in favor of keeping the requirement. Massachusetts Teachers Association President Max Page and Vice President Deb McCarthy said teachers have been speaking out against the requirement for more than a decade. "Students who were passing their courses were being denied diplomas because of this requirement," they said. "Educators were forced to narrow the curriculum in order to teach to the high-stakes test." Ultimately, Massachusetts voters approved getting rid of the MCAS as a graduation requirement by a margin of 59% to 41%. Get local news delivered to your inbox!
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Barca's Yamal vows to 'come back better' after ankle injuryNissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. The internet is rife with fake reviews. Will AI make it worse? Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory. Phony reviews have long plagued many popular consumer websites, such as Amazon and Yelp. But AI-infused text generation tools enable fraudsters to produce reviews faster and in greater volume, according to tech industry experts. The deceptive practice is illegal in the U.S. and becomes a bigger problem for consumers during the holiday shopping season, when many people rely on reviews to buy gifts. A tech company and watchdog group that uses software to detect fake reviews says AI-generated reviews have multiplied. Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil BUCHAREST, Romania (AP) — Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move on Monday could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election. Parliament approved the new administration in a 240-143 vote in the 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party, the center-right National Liberal Party, the small ethnic Hungarian UDMR party and national minorities. President Klaus Iohannis swore in the new government on Monday night. Government regulators close investigation into Ford Focus recalls Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years in 2018 because they could lose power. The issue was a malfunctioning canister purge valve and software that didn’t adequately detect when it was stuck open. Ford fixed the software in two separate recalls, but after cars continued to stall, the government opened an inquiry last year. Earlier this fall, Ford offered to replace the canister purge valve on all of the vehicles, satisfying regulators' concerns. AI will eavesdrop on world's wildest places to track and help protect endangered wildlife PUERTO JIMÉNEZ, Costa Rica (AP) — A biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them. But she had to go back to collect the data and feed those sounds into artificial intelligence systems that can recognize monkey calls. Now tech giant Microsoft's philanthropic arm is hoping to supercharge AI-assisted wildlife research with new solar-powered devices that can capture sounds, images and other wilderness data for a year or more without human intervention. Researchers say more AI wildlife surveillance is urgently needed to monitor the health of species at risk of extinction.
ENVIRONMENTAL organization Greenpeace installed solar panels and charging stations in Bohol's "sinking" islands of Bilangbilangan and Batasan to strengthen the residents' climate response capabilities and transition away from fossil fuel dependence. It contracted the Center for Renewable Energy and Sustainable Technology to acquire, engineer and install the stations, and conduct a solar training workshop for volunteers and community partners. According to a Greenpeace report, Bohol was among the areas worst hit by Super Typhoon Odette in 2021, suffering P41.6 billion in damages to infrastructure, the economy and other critical sectors, including development administration, social, environment and the private sector. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.Good afternoon, Chicago. Nearly seven years ago, two political insiders sitting in a City Hall office agreed: These days, you have to be careful how you talk. Too many politicians are much too obvious about their corrupt intentions and self-dealing, said then-Ald. Danny Solis and Michael McClain, an ally of powerful Democratic House Speaker Michael Madigan. That 2017 exchange, captured on secret camera by Solis and played for jurors today in Madigan and McClain’s corruption trial , offered jurors a fascinating look into the behind-the-scenes handwringing of two longtime power brokers such as Solis and McClain — and even how they worried that it could invite trouble from federal investigators. Here’s what else is happening today. And remember, for the latest breaking news in Chicago, visit chicagotribune.com/latest-headlines and sign up to get our alerts on all your devices. Subscribe to more newsletters | Puzzles & Games | Daily horoscope | Asking Eric A speed hump along Foster Avenue in Shields Township, which have been a point of contention between several residents and the town supervisor. The humps were installed after a non-fatal pedestrian strike several years ago. (Joe States/Lake County News-Sun) A group of residents and the Shields Township have a bumpy relationship over the installation of speed humps around the township, with some accusing the supervisor of maliciously choosing their locations. Read more here. More top news stories: Mayor Brandon Johnson’s ex-press director faced sexual harassment, misogyny, racism complaints before firing Robert Yohanan, who started community bank in Evanston, dies at 84 Gary Union Station in Indiana on Monday Nov. 25, 2024.The station was closed in the mid-1970’s.(Andy Lavalley/for the Post-Tribune) Decay Devils, a Gary-based nonprofit, has worked since 2016 to preserve Union Station. The organization plans to raise $2 million to transform the station into a mixed-use community space, with dining and offices, according to Decay Devils’ website. Read more here. More top business stories: Former Chicago Bears head coach Mike Ditka buys Streeterville condo for $575,000 Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits Blackhawks left wing Taylor Hall (71) and center Connor Bedard in the third period of the home opener against the Golden Knights on Oct. 21, 2023, at the United Center. (Chris Sweda/Chicago Tribune) Taylor Hall can empathize with Connor Bedard’s sophomore slump. The Blackhawks forward remembers his own like it was yesterday. Read more here. More top sports stories: Column: In the NBA Cup era, Chicago Bulls and other teams are encouraged to run up the score — like it or not Chicago Bears and Soldier Field: What to know about the possible stadium move — or transformation Richard Marsh “Yippee Ki Yay,” a stage parody of the movie “Die Hard.” (Rod Penn) “Yippie Ki Yay” is the one-man comedy show currently found at the Broadway Playhouse in downtown Chicago written and performed by Richard Marsh, a British actor-writer millennial and an erstwhile poetry slam champion. Read more here. More top Eat. Watch. Do. stories: ‘Moana 2’ review: Disney’s wayfinder swims a few scenic laps and calls it a sequel Americans will throw out 316 million pounds of food on Thanksgiving. Here’s how it fuels climate change Israeli security officers and army soldiers inspect the site where a rocket fired from Lebanon landed in a backyard in Kiryat Shmona, northern Israel, Tuesday Nov. 26, 2024. (Leo Correa/AP) Israeli warplanes struck central Beirut and the city’s southern suburbs today, raising palls of smoke over the Lebanese capital ahead of a planned vote by Israel’s leadership on whether to accept a U.S.-brokered ceasefire aimed at ending more than a year of fighting with Hezbollah. Read more here. More top stories from around the world: Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs President Joe Biden proposes Medicare and Medicaid cover costly weight-loss drugsWinter travel advisory lifted in Ottawa
Black Friday has come and gone, but there's still Cyber Monday to look forward to. Alongside deals for that day, there are still countless deals lingering from Black Friday. Spending a lot of money is tempting, but you don’t have to! There are tons of great stuff out there for under $100. You might be surprised at the cool tech and handy home gadgets you can snag for a good deal right now. From cutting-edge tech to home essentials and beauty must-haves, there's no shortage of incredible offers to seize. CNET's experts handpicked the best value-driven deals, featuring standout finds from major retailers like Amazon , Best Buy , Walmart and many more. These savings are still live across all categories, including tech, home goods, apparel and more. The number of deals is constantly changing every day though, so if you've been looking to score some great budget items for yourself or as holiday gifts , you're in the right place. There's even a list of the top tech you can get for at least 50% off at several retailers. We’ve put together some of the coolest finds you can snag for $100 or less, all in one spot. We’ll keep this page updated throughout the weekend and on Cyber Monday, so make sure to check back often for the latest deals under $100. Best Black Friday deals under $100 The Amazon Echo Show 8 is a frontrunner for the best smart display of 2024. This 2023 model has an 8-inch HD touchscreen, a 13-megapixel camera and a built-in microphone so you can check the weather, set timers, update your calendar and much more totally hands-free. Plus, it also doubles as a digital picture frame. This deal also comes with a free Energetic smart bulb , which has a color palette of 16 million hues. Looking for a TV on a tight budget? This option has a smaller screen that's an excellent choice for bedrooms, dorms, offices and other compact spaces. It also comes with an Alexa remote for convenient hands-free control. One of our favorite Bluetooth speakers is portable, comes equipped with a 12-hour battery life and has dual passive radiators for powerful sound. It's also waterproof and dustproof so you can take it just about anywhere. And right now all six color variants are on sale at Best Buy. Best Black Friday tech deals under $100 These 2024 Beats are some of our favorite over-ear headphones available at the moment. They're not noise-canceling, but do support lossless audio, boast solid voice-call performance and impressed our reviewers with their substantial 50-hour battery life. There are four different color variants, but only pink, matte black and blue are on sale at the moment. We've recently seen them discounted by as much as $100, but this price cut is still a solid deal if you'd rather lock in a deal now rather than wait to see if they drop again during Cyber Monday sales. Best Black Friday home deals under $100 The Shark StainStriker is a lightweight, dual-activated stain eliminator designed to tackle tough stains and odors with 20x more power. Perfect for carpets, upholstery, furniture and even cars, it uses powerful suction and an OXY-infused cleaning formula to lift dirt and liquids for a like-new finish. Compact and pet-friendly, it’s the ultimate solution for whole-home cleaning and easy storage. Best Black Friday kitchen deals under $100 The compact-sized Keurig K-Slim can serve up cups as large as 12 ounces. The built-in water reservoir is good for multiple brews, and you can even slot in a travel-sized mug to brew up some fresh coffee for your morning commute. Its energy saver function saves power. Best Black Friday health, beauty and wellness deals under $100 The Tymo Hair Straightening Brush combines the functionality of a comb and flat iron in one tool, delivering a super straight look and blowout-style results with a single pass. Featuring 3D brush teeth and PTC heating technology, it evenly distributes heat, reducing damage by 50% and leaving your hair frizz-free. With five heat settings, a quick 20-second heat-up, anti-scald protection and an auto-off feature, it’s the ultimate time-saving and safe solution for all hair types. Read more: The Best Black Friday 50% (or More) Off Deals Are Black Friday deals under $100 worth buying? You won't find many big-ticket items like TVs and laptops in the sub-$100 price range, but there are still a ton of more affordable Black Friday bargains still live for you to take advantage of. For $100 or less, you can pick up discounted tech and gadgets like headphones , kitchen appliances and smart home devices. Even if you're not in the market for anything specific, you can still take advantage of these holiday savings to stock up on everyday essentials and household basics like towels, charging cables and more. What should I look for in a Black Friday deal under $100? When you're shopping for Black Friday deals in the under $100 price range, you'll need to pay close attention to a product's brand or manufacturer. During major shopping events, many retailers -- especially Amazon and Walmar t -- are flooded with cheap knock-offs and outlandish offers from sketchy third-party vendors. Look for popular and trusted name brands, and ensure that your order is being fulfilled by an official retailer or the manufacturer directly. This information can usually be found beneath the product name or the "add to cart" button.