Apple Inc. (NASDAQ:AAPL) is reportedly bringing its AI smarts to the Mac’s Mail app with the upcoming macOS 15.4 update.

What Happened: In his latest weekend “Power On” newsletter, Bloomberg columnist Mark Gurman indicated that the new Mail app will make it easier for users struggling with email overload.

The feature, which is currently exclusive to iPad and iPhone, sorts the usual flood of emails into neat categories like primary, transactions, promotions, and updates. It also prioritizes urgent emails like boarding passes.

Gurman also reported that Apple is hitting the brakes on notification summaries in iOS 18.3 and macOS 15.3. This came after complaints of inaccurate notifications.

“Rather than quickly fixing its AI models, Apple is simply pulling the plug on summaries from news and entertainment apps,” he stated.

See Also: Apple Stock Has Moved Up 4.2% Since iPhone 16 Launched, Analyst Says It Has Another 8% Upside As Manufacturing Cost Decline Bolsters Cupertino’s Margins

Why It Matters: The latest update is part of Apple’s bigger push into AI. The tech giant is expected to roll out its macOS 15.3 in the coming weeks.

With this update, Mac users will finally get to play with Genmoji, Apple’s custom emoji feature.

However, Cupertino is also facing some headwinds. While Apple continues to push AI capabilities, the iPhone 16 cycle shows signs of struggle, with market share dropping to 66%.

The lack of consumer awareness around Apple Intelligence has been a challenge, according to a JPMorgan analyst.

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Cupertino’s AI tools arrived nearly two years after OpenAI’s ChatGPT gained widespread popularity – a year and a half following the launch of AI services by Microsoft Corp. (NASDAQ:MSFT)  and Alphabet Inc.‘s Google (NASDAQ:GOOG) (NASDAQ:GOOGL), and a year after Amazon.com Inc. (NASDAQ:AMZN) unveiled its updated Alexa.

“The totality of Apple’s generative AI vision will take at least into 2025 to fully scale,” Gurman said last year.

Apple currently has a market cap of $3.458, making it the most valuable company in the world. It is scheduled to announce its first-quarter earnings for 2025 on Jan. 30.

The company reported revenue of $94.9 billion in the last quarter, surpassing analysts’ expectations of $94.56 billion.

Price Action: Apple’s stock rose by 0.75% on Friday, closing at $229.98. However, in after-hours trading, the shares fell by 0.21%, reaching $229.50, according to Benzinga Pro data.

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next:

• Apple CFO Denies Claims Of 75% Profit Margins On App Store: ‘I Wouldn’t Say They’re Accurate’

Photo courtesy: Shutterstock

As the earnings season gets underway, analysts from BofA Securities released a preview on Friday of what to expect from major insurers’ fourth-quarter reports.

The firm also took a look at how the Los Angeles area wildfires will affect the companies in the current quarter. 

Allstate: BofA expects Allstate Corp. (NYSE:ALL) to report $764 million in catastrophe losses for the fourth quarter, equaling a catastrophe load of 5.5%. The firm noted that Allstate reported net catastrophe losses of $286 million in October, which included losses from Hurricane Milton, unfavorable reserve re-estimates from Hurricane Helene and losses from other inclement weather events in North America.

BofA currently sees first-quarter catastrophe losses of $1.46 billion — 10.3% catastrophe load —  which includes $700 million from the California wildfires, where the firm expects Allstate to incur more losses from the Eaton fire as compared to the Palisades fire.  

BofA Securities maintained a Buy rating on Allstate shares but lowered its price target from $285 to $279. 

Allstate is set to report its fourth-quarter financial results on Feb. 5 after the closing bell. Analysts expect the company to report earnings of $5.95 per share and revenue of $14.7 billion for the quarter. 

Read Next: UnitedHealth CEO Highlights Hospitals, Doctors, Pharma’s Role In Soaring Health Care Costs 

Chubb: The firm sees Chubb Ltd. (NYSE:CB) reporting $851 million in catastrophe losses, or an 8.1% loss ratio impact, for the first quarter. Chubb was exposed to adverse weather events around the world including European flooding, Hurricane Milton and other weather events in the U.S.

BofA pointed to Chubb as a major underwriter of high-net-worth homeowners’ insurance and is modeling $1.9 billion, a 17.5% catastrophe load, of first-quarter catastrophe losses for the insurer. The California wildfires account for $1.3 billion of those projected first-quarter catastrophe losses.  

BofA Securities maintained an Underperform rating on Chubb and lowered its price target from $272 to $266. 

Chubb is set to report its fourth-quarter financial results on Jan. 28 after the market close. According to estimates from Benzingo Pro, analysts expect the company to report earnings of $5.46 per share on revenue of $12.277 billion. 

Progressive: The analysts expect Progressive to report $104 million in catastrophe losses in December, which would bring its fourth-quarter catastrophe losses to $340 million. 

BofA models first-quarter catastrophe losses of $584 million, including $90 million from the California wildfires, with two-thirds of those losses from the auto segment. 

BofA Securities maintained Progressive with a Buy rating and lowered its price target from $339 to $322. 

Progressive is set to report its fourth-quarter results before the opening bell on Jan. 29. Analysts expect the company to report earnings of $3.52 per share and revenue of $18.357 billion for the quarter. 

Read Next: 

• Interest Rate Cuts ‘On Hold… If There Are Any At All In 2025’ After December’s Sticky Consumer Inflation Report: Economists 

Photo: Shutterstock

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	232.4199	1.920	0.83	19.3K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	97.0600	0.510	0.52	965
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	227.0600	1.010	0.44	1.6K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	50.0000	0.190	0.38	34.7K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	93.5000	0.260	0.27	19.2K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	137.2550	0.325	0.23	669

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	78.66	-0.07	-0.09	6.0K

Pulled from Benzinga Pro data this sector movers alert provides traders with a compiled way to read macro-level market trends. Investors garner a particular interest in sector movers to better determine sectors that are over- or under-performing to make better investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

The widely-used social media platform, TikTok, owned by China’s ByteDance, is teetering on the edge of a ban in the United States. The ban can only be averted if a last-minute deal is reached with a U.S. investor or if the Supreme Court intervenes.

What Happened: In anticipation of the ban, TikTok plans to cease operations in the U.S., although users can still download their personal data. App stores managed by Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) will remove TikTok, preventing updates and disrupting the app’s new video content.

Additionally, Oracle Corp. (NYSE:ORCL) might stop hosting TikTok data.

Users have been exploring potential workarounds, such as using virtual private networks (VPNs) to conceal their location. According to Google Trends data, searches for “VPN for TikTok” have risen by almost 800% in the past week.

However, TikTok has other ways to determine user locations, including accessing geolocation data from devices, according to Jason Kelley, director of activism at the Electronic Frontier Foundation, Reuters reported.

Some users have considered using a web-based version of TikTok through a browser with a VPN. However, the web version lacks many app features and may fail to deliver a personalized experience, especially if creating a new account is required. “It won’t be a good service for you, and it won’t be a profitable service for them,” Kelley said.

Experts have suggested using a VPN or changing phone settings to another country such as Canada as possible solutions, but these methods are not straightforward. Kelley pointed out that TikTok can still identify user locations.

Joseph Lorenzo Hall of the Internet Society humorously mentioned that influencers might need two phones due to the ban.

Why It Matters: The impending TikTok ban has significant implications for its 170 million U.S. users. The Biden administration has decided not to enforce the ban, leaving the decision to the incoming Donald Trump administration. This decision could impact the app’s future operations in the U.S. and its users.

Meanwhile, Jimmy Donaldson, known as MrBeast, is in discussions with several billionaires about potentially acquiring TikTok to prevent its shutdown. This move highlights the app’s popularity and the lengths to which individuals are willing to go to keep it operational in the U.S.

Read Also:

• 5 Things Investors Need To Know About Scott Bessent’s Economic Policies As He Faces Senate Grilling For Treasury Job

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Image via Shutterstock

Financial giants have made a conspicuous bullish move on NVIDIA. Our analysis of options history for NVIDIA (NASDAQ:NVDA) revealed 64 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 39% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $592,220, and 53 were calls, valued at $2,257,724.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $195.0 for NVIDIA over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for NVIDIA’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of NVIDIA’s whale activity within a strike price range from $70.0 to $195.0 in the last 30 days.

NVIDIA 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
NVDA	CALL	SWEEP	BULLISH	12/19/25	$11.3	$11.25	$11.25	$195.00	$126.0K	5.9K	112
NVDA	CALL	SWEEP	BULLISH	01/24/25	$2.26	$2.25	$2.25	$140.00	$114.0K	72.8K	7.5K
NVDA	PUT	SWEEP	BULLISH	01/17/25	$2.34	$2.29	$2.3	$139.00	$101.4K	5.4K	2.2K
NVDA	PUT	SWEEP	BEARISH	01/17/25	$1.71	$1.69	$1.7	$138.00	$91.9K	18.1K	7.1K
NVDA	PUT	SWEEP	BEARISH	01/17/25	$1.47	$1.46	$1.46	$137.00	$78.2K	8.1K	9.4K

About NVIDIA

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

After a thorough review of the options trading surrounding NVIDIA, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of NVIDIA

• With a trading volume of 31,661,420, the price of NVDA is up by 0.68%, reaching $137.16.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 41 days from now.

What Analysts Are Saying About NVIDIA

3 market experts have recently issued ratings for this stock, with a consensus target price of $198.33333333333334.

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* An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $190.
* Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on NVIDIA with a target price of $185.
* An analyst from Rosenblatt persists with their Buy rating on NVIDIA, maintaining a target price of $220.

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 NVIDIA with Benzinga Pro for real-time alerts.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	76.7300	0.50	0.65	12.3K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	233.4400	1.15	0.49	14.7K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.3400	0.15	0.37	1.4K
(NYSE:XLB)	Materials Select Sector SPDR	87.3600	0.32	0.36	855
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	76.9399	0.15	0.19	981
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	227.5300	0.25	0.10	1.3K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	135.3500	0.06	0.04	25.1K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	139.98	-0.59	-0.42	7.3K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	96.75	-0.35	-0.37	430
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	92.28	-0.29	-0.32	22.3K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	49.46	-0.02	-0.05	425.7K

Pulled from Benzinga Pro data this sector movers alerts can help traders understand macro-level market trends. Traders often look for sector movers to provide high-level analysis on which sectors are over- or under-performing to make better investing decisions on exchange traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

Taiwan Semiconductor Manufacturing (NYSE:TSM) could share more commentary on strong semiconductor demand and how a new White House administration could boost the sector when the company reports fourth-quarter financial results before the market opens Thursday.

Earnings Estimates: Analysts expect Taiwan Semiconductor to report fourth-quarter revenue of $26.28 billion. That’s up from $19.62 billion in last year’s fourth quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in four straight quarters and five of the last 10 quarters overall.

Analysts expect the company to report fourth-quarter earnings per share of $2.23, up from $1.44 in last year’s fourth quarter. The company beat analyst earnings per share estimates in four straight quarters and six of the last 10 quarters overall.

Guidance from the company provided after Q3 results called for fourth-quarter revenue of $26.1 billion to $26.9 billion.

What Analysts Are Saying: Strong demand for leading-edge nodes from the company could power fourth-quarter results and 2025 guidance, Goldman Sachs analyst Bruce Lu recently said.

The analyst maintained a Buy rating and raised the price target from $248 to $254.

Lu sees strong momentum in artificial intelligence helping to boost revenue for Taiwan Semiconductor in 2025.

The analyst also sees a more favorable landscape for Taiwan Semiconductor against competitors like Samsung Electronics and Intel as those companies move to more advanced nodes.

Taiwan Semiconductor could raise prices and see its gross margins grow in 2025, the analyst added.

Read Also: TSMC Powers Up: December Revenue Soars Ahead Of Q4 Earnings Release

Key Items to Watch: Analysts and investors will be watching for commentary from Taiwan Semiconductor on recent reports of increased export regulations to China.

Advanced chips, including those that specialize in AI, have been a hot topic among items that are banned from being exported to China under the Biden administration.

Trump is set to take office on Monday, a short time after Taiwan Semiconductor’s earnings report is published. Analyst questions could center on the political conversation of the semiconductor sector and what’s ahead.

The semiconductor sector saw several stocks as top performers in 2017 — Trump’s first year in the White House previously. Micron Technology and Nvidia Corporation were among the 10 best-performing stocks in 2017 among S&P 500 members.

Investors and analysts may also be looking for an update on Taiwan Semiconductor’s U.S. expansion. The company expects its Arizona plant to begin manufacturing in 2025.

Price Action: Taiwan Semiconductor stock is up 2% to $206.06 on Wednesday versus a 52-week trading range of $100.000 to $222.20. Taiwan Semiconductor stock is up 103% over the last year.

Read Next:

• Taiwan Semi, Samsung, Intel May Face Stricter US Rules on Chip Exports to China Over Security Concerns

Image: Shutterstock

Deep-pocketed investors have adopted a bearish approach towards NextEra Energy (NYSE:NEE), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NEE usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 12 extraordinary options activities for NextEra Energy. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 41% leaning bullish and 50% bearish. Among these notable options, 7 are puts, totaling $1,021,527, and 5 are calls, amounting to $280,539.

What’s The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $85.0 for NextEra Energy 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 NextEra Energy’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NextEra Energy’s substantial trades, within a strike price spectrum from $65.0 to $85.0 over the preceding 30 days.

NextEra Energy Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
NEE	PUT	TRADE	BULLISH	01/16/26	$5.1	$4.9	$4.91	$65.00	$557.7K	1.3K	1.1K
NEE	CALL	SWEEP	NEUTRAL	01/31/25	$1.86	$1.85	$1.85	$70.00	$129.5K	266	22
NEE	PUT	TRADE	BULLISH	02/21/25	$2.45	$2.34	$2.35	$70.00	$118.9K	545	1.4K
NEE	PUT	SWEEP	BEARISH	02/21/25	$2.4	$2.39	$2.4	$70.00	$118.6K	545	989
NEE	PUT	SWEEP	BULLISH	02/21/25	$2.53	$2.42	$2.43	$70.00	$104.7K	545	64

About NextEra Energy

NextEra Energy’s regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra’s consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.

Present Market Standing of NextEra Energy

• With a trading volume of 4,150,671, the price of NEE is up by 2.24%, reaching $69.5.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 9 days from now.

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.

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 NextEra Energy with Benzinga Pro for real-time alerts.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLF)	SPDR Select Sector Fund – Financial	48.6699	0.420	0.87	527.4K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.2100	0.190	0.47	1.4K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	75.9955	0.316	0.41	1.2K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	228.5600	0.800	0.35	9.1K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	134.8100	0.370	0.27	1.5K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	91.4000	0.180	0.19	19.0K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	221.9300	0.290	0.13	1.8K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	140.0400	0.040	0.02	6.6K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	76.45	-0.04	-0.06	1.4K

Pulled from Benzinga Pro data the above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.

As both JPMorgan Chase & Co (NYSE:JPM) and Wells Fargo & Co (NYSE:WFC) prepare to release their fourth quarter earnings on Wednesday before the market opens, the spotlight’s on their technicals.

Investors are betting big on both, but only one can come out on top when the numbers drop. Let’s take a quick spin through the charts and see who’s in the driver’s seat ahead of the big reveal.

JPM Stock: Strong Bullish Momentum

JPM stock is cruising, and it’s not just the bull market that’s pushing it.

Chart created using Benzinga Pro

Trading at $245.75, JPM stock is firmly parked above its eight, 20, and 50-day simple moving averages (SMAs), signaling a roaring bullish trend. The stock has been soaking up buying pressure like a sponge, with investors clearly confident about its upcoming earnings report.

The eight-day SMA of $242.38, 20-day SMA of $240.09 and 50-day SMA of $240.73 are all flashing bullish signals – an indication that JPM stock is firing on all cylinders.

Looking ahead, analysts are forecasting strong results: $4.11 in EPS and $41.7 billion in revenue. Given the strong upward momentum and positive technicals, JPMorgan looks primed to continue its bull run post-earnings, barring any major surprises.

With its 200-day SMA sitting at $214.20, the long-term bullish trend is also clearly intact.

Read Also: Jamie Dimon Calls Elon Musk ‘An Extraordinary Talent’ — JP Morgan CEO Shares Why Trump’s Election Victory Didn’t Surprise Him

WFC Stock: Cautionary Signals Amid Long-Term Strength

Meanwhile, WFC stock is a bit more on the fence.

Chart created using Benzinga Pro

Trading at $71.17, WFC stock is still above its eight, 20 and 200-day moving averages, suggesting a bullish short and long-term outlook. But the medium-term charts aren’t quite as rosy. The 50-day SMA of $71.73 is giving off a bearish signal, indicating that WFC stock could be in for a bit of a pause, or even a minor pullback, before earnings.

The 50-day SMA trading above the price further confirms this potential weakness, even though the 200-day SMA of $61.67 continues to signal bullishness in the long run.

The Verdict: JPM Looks Stronger for Now

In the grand scheme of things, Wells Fargo’s longer-term trend is still bullish, but with technicals showing some indecision in the medium-term. So, WFC stock will need a solid earnings beat to kick things back into gear.

JPM stock, on the other hand, is looking incredibly strong across the board, and its solid bullish momentum makes it the clear technical winner going into Wednesday’s earnings report.

Read Next:

• Banks Kick Off Earnings Season On Wednesday: Retail Traders Bet Big On Financials Ahead Of Regulatory Tailwinds

Image created using photos from Shutterstock.