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quotebox-quote-price">596.45</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA YFMom quotebox-quote-change positive"><span role="img" aria-label="caret-up" class="anticon anticon-caret-up quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-up" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M858.9 689L530.5 308.2c-9.4-10.9-27.5-10.9-37 0L165.1 689c-12.2 14.2-1.2 35 18.5 35h656.8c19.7 0 30.7-20.8 18.5-35z"></path></svg></span><span>0.47%</span></span></div></a><a class="sc-gjSWCP jmNbsX quote-block positive" href="/quote/QQQ"><h5 class="sc-gcVa-dG iWbmIY quotebox-quote-name">QQQ</h5><div class="sc-cDZJDj dsVEYU quotebox-quote-data"><span class="sc-cBhPbB bgjEHA quotebox-quote-price">506.66</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA YFMom quotebox-quote-change positive"><span role="img" aria-label="caret-up" class="anticon anticon-caret-up quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-up" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M858.9 689L530.5 308.2c-9.4-10.9-27.5-10.9-37 0L165.1 689c-12.2 14.2-1.2 35 18.5 35h656.8c19.7 0 30.7-20.8 18.5-35z"></path></svg></span><span>0.33%</span></span></div></a><a class="sc-gjSWCP dtfZDv quote-block negative" href="/quote/SPIKE"><h5 class="sc-gcVa-dG iWbmIY quotebox-quote-name">SPIKE</h5><div class="sc-cDZJDj dsVEYU quotebox-quote-data"><span class="sc-cBhPbB bgjEHA quotebox-quote-price">-</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA jQNInh quotebox-quote-change negative"><span role="img" aria-label="caret-down" class="anticon anticon-caret-down quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-down" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M840.4 300H183.6c-19.7 0-30.7 20.8-18.5 35l328.4 380.8c9.4 10.9 27.5 10.9 37 0L858.9 335c12.2-14.2 1.2-35-18.5-35z"></path></svg></span><span>8.85%</span></span></div></a><a class="sc-gjSWCP dtfZDv quote-block negative" href="/quote/BTC-USD"><h5 class="sc-gcVa-dG iWbmIY quotebox-quote-name">BTC/USD</h5><div class="sc-cDZJDj dsVEYU quotebox-quote-data"><span class="sc-cBhPbB bgjEHA quotebox-quote-price">97826.40</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA jQNInh quotebox-quote-change negative"><span role="img" aria-label="caret-down" class="anticon anticon-caret-down quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-down" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M840.4 300H183.6c-19.7 0-30.7 20.8-18.5 35l328.4 380.8c9.4 10.9 27.5 10.9 37 0L858.9 335c12.2-14.2 1.2-35-18.5-35z"></path></svg></span><span>1.21%</span></span></div></a><a class="sc-gjSWCP jmNbsX quote-block positive" href="/quote/DIA"><h5 class="sc-gcVa-dG iWbmIY quotebox-quote-name">DIA</h5><div class="sc-cDZJDj dsVEYU quotebox-quote-data"><span class="sc-cBhPbB bgjEHA quotebox-quote-price">444.10</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA YFMom quotebox-quote-change positive"><span role="img" aria-label="caret-up" class="anticon anticon-caret-up quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-up" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M858.9 689L530.5 308.2c-9.4-10.9-27.5-10.9-37 0L165.1 689c-12.2 14.2-1.2 35 18.5 35h656.8c19.7 0 30.7-20.8 18.5-35z"></path></svg></span><span>1.17%</span></span></div></a><a class="sc-gjSWCP jmNbsX quote-block positive" href="/quote/GLD"><h5 class="sc-gcVa-dG iWbmIY quotebox-quote-name">GLD</h5><div class="sc-cDZJDj dsVEYU quotebox-quote-data"><span class="sc-cBhPbB bgjEHA quotebox-quote-price">250.78</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA YFMom quotebox-quote-change positive"><span role="img" aria-label="caret-up" class="anticon anticon-caret-up quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-up" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M858.9 689L530.5 308.2c-9.4-10.9-27.5-10.9-37 0L165.1 689c-12.2 14.2-1.2 35 18.5 35h656.8c19.7 0 30.7-20.8 18.5-35z"></path></svg></span><span>1.67%</span></span></div></a><a class="sc-gjSWCP jmNbsX quote-block positive" href="/quote/TLT"><h5 class="sc-gcVa-dG iWbmIY quotebox-quote-name">TLT</h5><div class="sc-cDZJDj dsVEYU quotebox-quote-data"><span class="sc-cBhPbB bgjEHA quotebox-quote-price">90.47</span><span class="sc-cBhPbB sc-ga-dfBY bgjEHA YFMom quotebox-quote-change positive"><span role="img" aria-label="caret-up" class="anticon anticon-caret-up quote-icon"><svg viewBox="0 0 1024 1024" focusable="false" data-icon="caret-up" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M858.9 689L530.5 308.2c-9.4-10.9-27.5-10.9-37 0L165.1 689c-12.2 14.2-1.2 35 18.5 35h656.8c19.7 0 30.7-20.8 18.5-35z"></path></svg></span><span>0.14%</span></span></div></a></div></div><div class="search-wrapper"><div class="sc-iiqfCt ekjIgL searchbar-wrapper searchbar-default"><div class="sc-kClXGk fBSIeY searchbar-container"><div 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Shutterstock","mime":"","primary":true,"attributes":{"fid":"901175","filename":"Bangkok--Thailand---October-27--2023-Foo.jpeg","filepath":"files/images/story/2024/11/22/Bangkok--Thailand---October-27--2023-Foo.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nabaparna Bhattacharya","body":"\u003cp\u003e\u003cstrong\u003eNeedham\u003c/strong\u003e analyst Tom Nikic initiated coverage on \u003cstrong\u003eFoot Locker, Inc. \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/FL#NYSE\"\u003eFL\u003c/a\u003e) with a Buy rating and \u003ca href=\"https://www.benzinga.com/quote/FL/analyst-ratings\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ea price forecast of $27\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst writes that Foot Locker is positioned for an earnings recovery in 2025, with improvements expected from a strengthened \u003cstrong\u003eNike, Inc \u003c/strong\u003epartnership, growth in non-Nike brands, recent SG\u0026amp;A investments, and the recovery of merchandise margins.\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite a current lull post-back-to-school, the analyst expects trends to pick up after Thanksgiving and is encouraged by a recent consumer survey indicating strong holiday interest in sneakers.\u003c/p\u003e\n\n\n\n\u003cp\u003eNikic notes that Foot Locker faced challenges due to Nike\u0026#8217;s decision to reduce high-demand product supply but believes Nike\u0026#8217;s shift to increase product allocations to Foot Locker starting in the fourth-quarter of 2024 will drive positive sales growth.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/markets/cannabis/24/11/42144102/california-has-the-finest-weed-in-the-world-says-lab-expert-and-how-to-save-its-struggling-market\" rel=\"noreferrer noopener\"\u003eCalifornia Has The Finest Weed In The World, Says Lab Expert, And How To Save Its Struggling Market\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, Foot Locker is benefiting from expanding Hoka and On availability, along with strengthened relationships with brands like \u003cstrong\u003eAdidas AG\u003c/strong\u003e, New Balance, \u003cstrong\u003eCrocs, Inc.\u003c/strong\u003e, and UGG.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst explains that Foot Locker\u0026#8217;s EBIT margin was significantly lower last year compared to pre-COVID levels and is only expected to see modest improvement in FY24 due to aggressive long-term growth investments.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, as spending tapers off next year, Foot Locker is expected to leverage these investments to expand margins.\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, with merchandise margins still over 300bps below pre-COVID levels, there is further opportunity for gross margin improvement, Nikic adds.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst projects the company to report FY24 revenues of $8.164 billion and earnings per share of $1.61.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action\u003c/strong\u003e: FL stock is up 1.67% at $22.83 at last check Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto by Sorbis via Shutterstock\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":71,"vid":1,"name":"Initiation"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":18467,"vid":1,"name":"General"}],"created":"2024-11-22T19:53:26Z","createdAt":"2024-11-22T19:53:26Z","id":42146407,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Bangkok--Thailand---October-27--2023-Foo.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3021,"Industry":"Rubber \u0026 Plastics Footwear","IndustryGroup":302,"MajorGroup":30,"Division":""},{"IndustryCode":5661,"Industry":"Shoe Stores","IndustryGroup":566,"MajorGroup":56,"Division":""}],"NAICS":[{"NationalIndustryCode":316210,"NationalIndustry":"Footwear Manufacturing ","IndustryCode":31621,"Industry":"Footwear Manufacturing","IndustryGroupCode":3162,"IndustryGroup":"Footwear Manufacturing","SubSectorCode":316,"SubSector":"Leather and Allied Product Manufacturing","SectorCode":31,"Sector":"Manufacturing"},{"NationalIndustryCode":448210,"NationalIndustry":"Shoe Stores ","IndustryCode":44821,"Industry":"Shoe Stores ","IndustryGroupCode":4482,"IndustryGroup":"Shoe Stores ","SubSectorCode":448,"SubSector":"Clothing and Clothing Accessories Stores ","SectorCode":44,"Sector":"Retail Trade"}],"Morningstar":[{"IndustryCode":10240030,"Industry":"Footwear \u0026 Accessories","IndustryGroupCode":10240,"IndustryGroup":"Manufacturing—Apparel \u0026 Accessories","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"},{"IndustryCode":10280010,"Industry":"Apparel Retail","IndustryGroupCode":10280,"IndustryGroup":"Retail—Cyclical","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":true,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661471,"post_path":"analyst-ratings/analyst-color/24/11/42146407/foot-locker-to-gain-from-strengthened-partnership-with-nike-analyst-forecasts-earnings-recovery-next-year","post_type":"post"}},"nodeId":42146407,"stocks":[{"tid":34174,"vid":2,"name":"ADDYY","description":"adidas Sponsored"},{"tid":11071,"vid":2,"name":"CROX","description":"Crocs"},{"tid":14567,"vid":2,"name":"FL","description":"Footlocker Inc","primary":true},{"tid":15625,"vid":2,"name":"NKE","description":"Nike"}],"storyId":"6740e133b6cb720001aa334a","tags":[{"tid":799703,"vid":3,"name":"Briefs"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":913345,"vid":3,"name":"Stories That Matter"}],"teaser":"Analyst forecasts Foot Locker\u0026#39;s earnings recovery in 2025, driven by a strengthened Nike partnership and growth in non-Nike brands.","teaserText":"Analyst forecasts Foot Locker\u0026#39;s earnings recovery in 2025, driven by a strengthened Nike partnership and growth in non-Nike brands.","tickers":[{"tid":34174,"vid":2,"name":"ADDYY","description":"adidas Sponsored"},{"tid":11071,"vid":2,"name":"CROX","description":"Crocs"},{"tid":14567,"vid":2,"name":"FL","description":"Footlocker Inc","primary":true},{"tid":15625,"vid":2,"name":"NKE","description":"Nike"}],"title":"Foot Locker To Gain From Strengthened Partnership With Nike: Analyst Forecasts Earnings Recovery Next Year","updated":"2024-11-22T19:53:27Z","updatedAt":"2024-11-22T19:53:27Z","url":"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42146407/foot-locker-to-gain-from-strengthened-partnership-with-nike-analyst-forecasts-earnings-recovery-next-year"},{"assets":[{"type":"image","title":"Gap Inc.","alt":"Gap Inc.","source":"","mime":"","primary":true,"attributes":{"fid":"901172","filename":"Gap-Inc-_2.jpeg","filepath":"files/images/story/2024/11/22/Gap-Inc-_2.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Anusuya Lahiri","body":"\u003cp\u003eWall Street analysts rerated \u003cstrong\u003eGap, Inc\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GAP#NYSE\"\u003eGAP\u003c/a\u003e) after the company reported upbeat third-quarter print Thursday.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe \u003ca target=\"_blank\" href=\"https://www.benzinga.com/trading-ideas/movers/24/11/42141895/whats-going-on-with-gap-shares-friday\" rel=\"noreferrer noopener\"\u003ecompany reported sales\u003c/a\u003e of $3.829 billion, beating analyst consensus of $3.812 billion. Earnings per share of 72 cents topped analyst estimates of 57 cents.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42141911/amazon-and-anthropic-deepen-4-billion-ai-partnership-with-claude-35-launch\" rel=\"noreferrer noopener\"\u003eAmazon Strengthens Anthropic Partnership with $8 Billion AI Investment\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eIt now expects fiscal 2024 revenue of $15.124 billion \u0026#8211; $15.198 billion, above the consensus of $14.956 billion.\u003c/p\u003e\n\n\n\n\u003cp\u003eBMO Capital analyst Simeon Siegel maintained Gap with a Market Perform and raised the \u003ca target=\"_blank\" href=\"https://www.benzinga.com/quote/GAP/analyst-ratings\" rel=\"noreferrer noopener\"\u003eprice target from\u0026nbsp;$23\u0026nbsp;to\u0026nbsp;$25\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eTelsey Advisory Group analyst Dana Telsey reiterated Gap with a Market Perform and a $26\u0026nbsp;price target.\u003c/p\u003e\n\n\n\n\u003cp\u003eBofA Securities analyst Lorraine Hutchinson maintained Gap with a Neutral and raised the price target from\u0026nbsp;$25\u0026nbsp;to\u0026nbsp;$28.\u003c/p\u003e\n\n\n\n\u003cp\u003eGuggenheim analyst Robert Drbul reiterated a Buy rating on Gap with a price target of $35.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eBMO Capital:\u003c/strong\u003e Gap reported third-quarter EPS that significantly exceeded expectations, with sales slightly surpassing estimates.\u003c/p\u003e\n\n\n\n\u003cp\u003eKey drivers included robust gross margin improvement, supported by more substantial merchandise margins and ROD leverage. Banana Republic, Gap, and Athleta exceeded expectations, while Old Navy met projections despite weather-related challenges. Management highlighted market share gains across all brands and raised its guidance for full-year sales, gross margin, and EBIT growth.\u003c/p\u003e\n\n\n\n\u003cp\u003eOld Navy sales were flat year-over-year, marking a moderation from prior quarters but maintaining momentum. Unseasonably warm weather impacted the performance of children\u0026#8217;s apparel, but sales rebounded as weather patterns normalized.\u003c/p\u003e\n\n\n\n\u003cp\u003eGap Brand delivered its fourth consecutive quarter of positive comparable sales, growing 3% year-over-year, driven by strong product and marketing execution.\u003c/p\u003e\n\n\n\n\u003cp\u003eBanana Republic experienced 2% year-over-year growth, with continued emphasis on improving fundamentals and success in the men\u0026#8217;s category.\u003c/p\u003e\n\n\n\n\u003cp\u003eAthleta achieved its most robust growth in two years, with sales increasing 4% year-over-year. New product launches and marketing resonated with customers, driving share gains.\u003c/p\u003e\n\n\n\n\u003cp\u003eGap\u0026#8217;s gross margin reached 42.7%, exceeding the Street\u0026#8217;s 42.1% estimate, with a 140-basis-point year-over-year expansion. 90-basis-point merchandise margin growth and operating leverage were key contributors. However, fourth-quarter gross margins are expected to remain flat when adjusted for ROD deleverage from calendar shifts.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTelsey Advisory Group:\u003c/strong\u003e Telsey provided a detailed assessment of Gap following its third-quarter earnings report. The company exceeded expectations across multiple metrics, reflecting strong operational discipline under its new leadership.\u003c/p\u003e\n\n\n\n\u003cp\u003eGap has demonstrated clear progress under its strategic focus on operational discipline, inventory efficiency, and brand portfolio growth. However, the analyst cautions that sustained consistency in performance and long-term profitability will be critical for investor confidence. The positive momentum in sales and profitability efforts suggests Gap is stabilizing its business and positioning itself for future growth.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe price target is based on an 11.5x multiple of the two-year forward EPS estimate of $2.26. While this valuation is slightly below Gap\u0026#8217;s historical average of 13.1x, it reflects the company\u0026#8217;s ongoing challenges in a competitive retail environment.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eBofA Securities:\u003c/strong\u003e Hutchinson highlighted its sales and margin performance while cautioning about future margin expansion.\u003c/p\u003e\n\n\n\n\u003cp\u003eGap delivered adjusted EPS of $0.72, outperforming Hutchinson\u0026#8217;s estimate of $0.54 and the consensus projection of $0.57. The beat was supported by 1.6% sales growth, gross margin improvement, and effective SG\u0026amp;A management. Comps were positive at Athleta (+5%) and Gap (+3%). Management raised its fiscal 2024 guidance, reflecting the third-quarter outperformance.\u003c/p\u003e\n\n\n\n\u003cp\u003eHutchinson raised fiscal 2024 and fiscal 2025 EPS estimates by 9% and 5%, respectively, projecting $1.97 and $1.99. The analyst increased the price target to $28, based on a 6x 2025 estimated EV/EBITDA.\u003c/p\u003e\n\n\n\n\u003cp\u003eManagement raised its fiscal 2024 guidance for sales, gross margin, and operating income. Hutchinson expects gross margin to improve by 350 basis points compared to 2019, driven by reduced promotions and more vital full-price selling.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, Hutchinson highlighted that while Gap has achieved significant cost savings, management may prioritize reinvesting efficiencies into growth initiatives and inflation offsets rather than improving the bottom line.\u003c/p\u003e\n\n\n\n\u003cp\u003eHutchinson\u0026#8217;s price target of $28 reflects a 6x 2025 estimated EV/EBITDA, consistent with peer averages. This valuation balances risks tied to Gap\u0026#8217;s exposure to low-income consumers and freight costs against its turnaround potential and Athleta\u0026#8217;s relatively more robust performance.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Hutchinson acknowledges the company\u0026#8217;s improved sales trajectory, remains cautious on further margin growth.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eGuggenheim: \u003c/strong\u003eDrbul highlighted the company\u0026#8217;s earnings beat, strategic progress, and upwardly revised guidance. The quarter marked the company\u0026#8217;s fourth consecutive quarter of top-line growth and seventh quarter of market share gains.\u003c/p\u003e\n\n\n\n\u003cp\u003eDrbul values Gap at 15.2x 2025 EPS, a premium to its five-year average multiple of 12.5x, reflecting confidence in ongoing operational improvements and growth potential.\u003c/p\u003e\n\n\n\n\u003cp\u003eHe highlighted the strength of the Old Navy and Athleta brands as critical drivers, particularly noting Athleta\u0026#8217;s position in an attractive apparel segment. With a ~3% dividend yield, Drbul views Gap shares as offering a compelling risk-reward profile supported by significant asset value and strategic optionality.\u003c/p\u003e\n\n\n\n\u003cp\u003eDrbul\u0026#8217;s price target underscores optimism about Gap\u0026#8217;s ability to sustain its momentum, deliver margin expansion, and execute its reinvigoration initiatives successfully.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e GAP stock is up 11.2% at $24.51 at last check Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42140725/snap-denies-facilitating-child-exploitation-seeks-dismissal-of-state-lawsuit\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eSnap Denies Child Exploitation Allegations, Wants Lawsuit Dismissed\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":39823,"vid":1,"name":"Reiteration"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-22T19:39:05Z","createdAt":"2024-11-22T19:39:05Z","id":42146205,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Gap-Inc-_2.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":5651,"Industry":"Family Clothing Stores","IndustryGroup":565,"MajorGroup":56,"Division":""}],"NAICS":[{"NationalIndustryCode":448140,"NationalIndustry":"Family Clothing Stores ","IndustryCode":44814,"Industry":"Family Clothing Stores ","IndustryGroupCode":4481,"IndustryGroup":"Clothing Stores ","SubSectorCode":448,"SubSector":"Clothing and Clothing Accessories Stores ","SectorCode":44,"Sector":"Retail Trade"}],"Morningstar":[{"IndustryCode":10280010,"Industry":"Apparel Retail","IndustryGroupCode":10280,"IndustryGroup":"Retail—Cyclical","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":true,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661449,"post_path":"24/11/42146205/gaps-growth-drivers-market-share-gains-brand-momentum-and-raised-guidance-analysts-weigh-in","post_type":"post"}},"nodeId":42146205,"stocks":[{"tid":14670,"vid":2,"name":"GAP","description":"PharmaGap","primary":true}],"storyId":"6740ddd6b6cb720001aa3272","tags":[{"tid":799703,"vid":3,"name":"Briefs"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":913345,"vid":3,"name":"Stories That Matter"}],"teaser":"Gap, Inc stock rose as third-quarter sales beat expectations. Fiscal 2024 revenue outlook upgraded to $15.124-$15.198 billion. Analysts raise price targets.","teaserText":"Gap, Inc stock rose as third-quarter sales beat expectations. Fiscal 2024 revenue outlook upgraded to $15.124-$15.198 billion. Analysts raise price targets.","tickers":[{"tid":14670,"vid":2,"name":"GAP","description":"PharmaGap","primary":true}],"title":"Gap\u0026#39;s Growth Drivers: Market Share Gains, Brand Momentum, And Raised Guidance – Analysts Weigh In","updated":"2024-11-22T19:39:06Z","updatedAt":"2024-11-22T19:39:06Z","url":"https://www.benzinga.com/24/11/42146205/gaps-growth-drivers-market-share-gains-brand-momentum-and-raised-guidance-analysts-weigh-in"},{"assets":[{"type":"image","title":"BJ","alt":"BJ","source":"","mime":"","primary":true,"attributes":{"fid":"901159","filename":"BJ.png","filepath":"files/images/story/2024/11/22/BJ.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nabaparna Bhattacharya","body":"\u003cp\u003e\u003cstrong\u003eDA Davidson\u003c/strong\u003e analyst Michael Baker reiterated the Buy rating on \u003cstrong\u003eBJ\u0026#8217;s Wholesale Club Holdings, Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/BJ#NYSE\"\u003eBJ\u003c/a\u003e),\u003ca target=\"_blank\" href=\"https://www.benzinga.com/quote/BJ/analyst-ratings\" rel=\"noreferrer noopener\"\u003e raising the price forecast to $110 from $95.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYesterday, the company reported third-quarter adjusted earnings per share of $1.18, beating the street view of 91 cents. Quarterly revenues of $5.10 billion were in line with the analyst consensus.\u003c/p\u003e\n\n\n\n\u003cp\u003eBJ\u0026#8217;s Wholesale Club expects fourth-quarter adjusted EPS to be between $0.78 and $0.88. For FY2024, adjusted EPS is forecasted at $3.90 – $4.00, up from previous guidance for a low end of $3.75 – $4.00 and\u0026nbsp;\u003ca target=\"_blank\" href=\"https://www.benzinga.com/calendars/guidance\" rel=\"noreferrer noopener\"\u003eagainst the consensus estimate of $3.85.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst notes that BJ has had another strong quarter, showing improvements in key areas like membership, sales, and digital performance.\u003c/p\u003e\n\n\n\n\u003cp\u003eBJ\u0026#8217;s Wholesale Club expects fourth quarter comparable club sales, excluding gasoline, to rise 2.5% \u0026#8211; 3.0% year-over-year.\u003c/p\u003e\n\n\n\n\u003cp\u003eWith plenty of room to grow its store base, BJ\u0026#8217;s is positioned as one of the rare long-term square footage growth stories in the big-box retail sector. Recent successes also allow BJ\u0026#8217;s to raise fees, which, while benefiting customers, will ultimately be advantageous for shareholders, the analyst writes.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst highlights BJ\u0026#8217;s strategy to compete with \u003cstrong\u003eCostco Wholesale \u003c/strong\u003eby focusing on differentiating itself, especially in the grocery and fresh produce areas.\u003c/p\u003e\n\n\n\n\u003cp\u003eBJ\u0026#8217;s grocery sales make up 77% of its total, compared to Costco\u0026#8217;s 54%. Per Bake, BJ\u0026#8217;s aims to replace weekly grocery trips, while Costco is more about stock-up shopping.\u003c/p\u003e\n\n\n\n\u003cp\u003eTheir \u0026#8220;Fresh 2.0\u0026#8221; program, launched 18 months ago, improves perishable and produce offerings through supply chain investments, better vendor relations, and enhanced in-store experiences.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe program has shown positive results, with strong produce sales and customers spending more, leading to significantly higher annual spending, the analyst adds.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e BJ shares are trading higher by 3.78% to $96.30 at last check Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42142422/nano-labs-15-whats-going-on\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eChinese Fabless Integrated Circuit Company Nano Labs Stock Skyrockets With New V Series Launch: Details\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":39823,"vid":1,"name":"Reiteration"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":18467,"vid":1,"name":"General"}],"created":"2024-11-22T18:49:25Z","createdAt":"2024-11-22T18:49:25Z","id":42145295,"image":"https://www.benzinga.com/files/images/story/2024/11/22/BJ.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":5399,"Industry":"Miscellaneous General Merchandise Stores","IndustryGroup":539,"MajorGroup":53,"Division":""},{"IndustryCode":5331,"Industry":"Variety Stores","IndustryGroup":533,"MajorGroup":53,"Division":""}],"NAICS":[{"NationalIndustryCode":447110,"NationalIndustry":"Gasoline Stations with Convenience Stores ","IndustryCode":44711,"Industry":"Gasoline Stations with Convenience Stores ","IndustryGroupCode":4471,"IndustryGroup":"Gasoline Stations ","SubSectorCode":447,"SubSector":"Gasoline Stations ","SectorCode":44,"Sector":"Retail Trade"},{"NationalIndustryCode":452319,"NationalIndustry":"All Other General Merchandise Stores ","IndustryCode":45231,"Industry":"General Merchandise Stores, including Warehouse Clubs and Supercenters ","IndustryGroupCode":4523,"IndustryGroup":"General Merchandise Stores, including Warehouse Clubs and Supercenters ","SubSectorCode":452,"SubSector":"General Merchandise Stores ","SectorCode":45,"Sector":"Retail Trade"}],"Morningstar":[{"IndustryCode":20550010,"Industry":"Discount Stores","IndustryGroupCode":20550,"IndustryGroup":"Retail—Defensive","SectorCode":205,"Sector":"Consumer Defensive","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":true,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661403,"post_path":"analyst-ratings/analyst-color/24/11/42145295/bjs-wholesale-positioned-as-one-of-few-big-box-retailers-with-long-term-growth-potential-analyst-highlights-membership-sales-and-digital-performance","post_type":"post"}},"nodeId":42145295,"stocks":[{"tid":13854,"vid":2,"name":"BJ","description":"Bj's Wholesale Club","primary":true},{"tid":11030,"vid":2,"name":"COST","description":"Costco Wholesale"}],"storyId":"6740d232b6cb720001aa2eb9","tags":[{"tid":799703,"vid":3,"name":"Briefs"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":913345,"vid":3,"name":"Stories That Matter"}],"teaser":"BJ\u0026#39;s Wholesale raises FY2024 EPS guidance, boosts long-term growth potential with strong membership, sales, and Fresh 2.0 program results.","teaserText":"BJ\u0026#39;s Wholesale raises FY2024 EPS guidance, boosts long-term growth potential with strong membership, sales, and Fresh 2.0 program results.","tickers":[{"tid":13854,"vid":2,"name":"BJ","description":"Bj's Wholesale Club","primary":true},{"tid":11030,"vid":2,"name":"COST","description":"Costco Wholesale"}],"title":"BJ\u0026#39;s Wholesale Positioned As One Of Few Big-box Retailers With Long-Term Growth Potential – Analyst Highlights Membership, Sales, And Digital Performance","updated":"2024-11-22T18:49:26Z","updatedAt":"2024-11-22T18:49:26Z","url":"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42145295/bjs-wholesale-positioned-as-one-of-few-big-box-retailers-with-long-term-growth-potential-analyst-highlights-membership-sales-and-digital-performance"},{"assets":[{"type":"image","title":"xr:d:DAFrxhnsD6E:2,j:7588965345720756394,t:23081706","alt":"xr:d:DAFrxhnsD6E:2,j:7588965345720756394,t:23081706","source":"xr:d:DAFrxhnsD6E:2,j:7588965345720756394,t:23081706","mime":"","primary":true,"attributes":{"fid":"901156","filename":"xrdDAFrxhnsD6E2-j7588965345720756394-t23_0.jpeg","filepath":"files/images/story/2024/11/22/xrdDAFrxhnsD6E2-j7588965345720756394-t23_0.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Lekha Gupta","body":"\u003cp\u003eSeveral analysts expressed views on\u003cstrong\u003e Ross Stores, Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/ROST#NASDAQ\"\u003eROST\u003c/a\u003e) third-quarter results reported on Thursday.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company reported EPS\u0026nbsp;of $1.48, exceeding the consensus of $1.40, while sales\u0026nbsp;of $5.07 billion \u003ca target=\"_blank\" href=\"https://www.benzinga.com/pressreleases/24/11/b42123039/ross-stores-reports-third-quarter-earnings-updates-fourth-quarter-guidance\" rel=\"noreferrer noopener\"\u003emissed the street view of\u0026nbsp;$5.15 billion\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eRoss Stores expects fourth-quarter EPS of\u0026nbsp;$1.57 \u0026#8211; $1.64\u0026nbsp;versus consensus of $1.67 and FY25 EPS\u0026nbsp;of $6.10 \u0026#8211; $6.17\u0026nbsp;compared \u003ca target=\"_blank\" href=\"https://www.benzinga.com/calendars/guidance\" rel=\"noreferrer noopener\"\u003eto the street view of $6.14\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eBofA Securities\u003c/strong\u003e analyst Lorraine Hutchinson reiterated a \u003ca target=\"_blank\" href=\"https://benzinga.com/quote/ROST/analyst-ratings\" rel=\"noreferrer noopener\"\u003eBuy rating on the stock with a price target of $180.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst writes that the company\u0026#8217;s value-focused offerings continue to appeal to stretched consumers.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst says the fourth-quarter guidance accounts for a timing shift in packaway expenses (benefiting the third quarter by $0.03) and lapping last year\u0026#8217;s extra week, which added $0.20 to EPS and 80 basis points to OM. Hutchinson adjusted the FY24 estimate to $6.14, up 1%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTelsey Advisory Group\u003c/strong\u003e analyst Dana Telsey reaffirmed the Market Perform rating with a price target of $175.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst writes that Ross Stores\u0026#8217; earnings beat reflected margin tailwinds, despite topline results falling short of expectations. While some sales weakness was attributed to unfavorable weather, product assortment issues also contributed, failing to fully capture consumer interest.\u003c/p\u003e\n\n\n\n\u003cp\u003eLooking ahead, the company remains aware of the challenging macroeconomic environment, particularly for its low-to-moderate income demographic, which faces pressure from rising essential costs, says the analyst.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst writes that although FY24 EPS guidance was raised, fourth-quarter projections fell short, underscoring persistent challenges.\u003c/p\u003e\n\n\n\n\u003cp\u003eRoss\u0026#8217;s commitment to value continues to attract deal-seeking customers, but macroeconomic uncertainty and the price sensitivity of its core demographic weigh, adds the analyst.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eGuggenheim \u003c/strong\u003eanalyst Robert Drbul maintained a Buy rating with a $180 price target.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst says that while macro uncertainties remain, he expects Ross to sustain positive sales momentum this holiday season, driven by strength in gifting, cosmetics, and accessories, and carry this into 2025.\u003c/p\u003e\n\n\n\n\u003cp\u003eDrbul sees EPS estimates of $6.15 in FY24 and $6.70 in FY25, which reflects a favorable environment for Ross, supported by ample branded goods supply, a strong value proposition, and ongoing sales optimism.\u003c/p\u003e\n\n\n\n\u003cp\u003eFollowing the third-quarter revenue miss, the analyst slightly reduced the FY24 revenue forecast, factoring in persistent inflation and its impact on discretionary spending.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eGoldman Sachs\u003c/strong\u003e analyst Brooke Roach writes that they remain positive on Ross Stores. Despite weather-related comp softness and execution challenges, ROST\u0026#8217;s strategy of offering branded value merchandise at sharper prices is gaining traction.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile this pressures merchandise margins, operational efficiencies have offset the impact. Management acknowledges ongoing macro pressures on low- to middle-income consumers but expects sequential strength in the holiday quarter, driven by gifting and seasonal items, adds the analyst.\u003c/p\u003e\n\n\n\n\u003cp\u003eRoach writes that additional catalysts include the appointment of a new \u003ca target=\"_blank\" href=\"https://www.benzinga.com/pressreleases/24/10/b41586044/ross-stores-names-james-g-conroy-as-next-chief-executive-officer\" rel=\"noreferrer noopener\"\u003eCEO, effective February 2025\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst revised the FY24, FY25, and FY26 EPS estimates to $6.19, $6.54, and $7.14 (from $6.07, $6.47, and $7.06), respectively, to account for the quarterly results, timing adjustments, and slight margin forecast updates.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eBMO Capital Markets \u003c/strong\u003eanalyst Simeon Siegel kept the Outperform rating and a price target of $168.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst writes that ROST delivered a bottom-line beat, driven by stronger-than-expected gross margins, despite a topline miss attributed to unfavorable weather.\u003c/p\u003e\n\n\n\n\u003cp\u003eManagement lowered its fourth-quarter EPS guidance but reiterated comp expectations, slightly raising the FY EPS high-end by $0.03, which the analyst views as conservative.\u003c/p\u003e\n\n\n\n\u003cp\u003eInvestors can gain exposure to the stock via \u003cstrong\u003eVirtus ETF Trust II Virtus KAR Mid-Cap ETF\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/KMID#NYSE\"\u003eKMID\u003c/a\u003e) and \u003cstrong\u003eVanEck Retail ETF\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/RTH#NASDAQ\"\u003eRTH\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action\u003c/strong\u003e: ROST shares are up 2.41% at $146.41 at the last check Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next\u003c/strong\u003e:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com//node/42139806\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eEchoStar Shares Sink As DirecTV Terminates Acquisition Agreement\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":24769,"vid":1,"name":"Equities"},{"tid":831976,"vid":1,"name":"Large Cap","description":"Large Cap"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":39823,"vid":1,"name":"Reiteration"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":24,"vid":1,"name":"Movers"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-22T18:43:44Z","createdAt":"2024-11-22T18:43:44Z","id":42145132,"image":"https://www.benzinga.com/files/images/story/2024/11/22/xrdDAFrxhnsD6E2-j7588965345720756394-t23_0.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":5651,"Industry":"Family Clothing Stores","IndustryGroup":565,"MajorGroup":56,"Division":""}],"NAICS":[{"NationalIndustryCode":448140,"NationalIndustry":"Family Clothing Stores ","IndustryCode":44814,"Industry":"Family Clothing Stores ","IndustryGroupCode":4481,"IndustryGroup":"Clothing Stores ","SubSectorCode":448,"SubSector":"Clothing and Clothing Accessories Stores ","SectorCode":44,"Sector":"Retail Trade"}],"Morningstar":[{"IndustryCode":10280010,"Industry":"Apparel Retail","IndustryGroupCode":10280,"IndustryGroup":"Retail—Cyclical","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661084,"post_path":"24/11/42145132/analysts-see-growth-potential-in-ross-stores-amid-holiday-season-optimism","post_type":"post"}},"nodeId":42145132,"stocks":[{"tid":942905,"vid":2,"name":"KMID","description":"Virtus ETF Trust II Virtus KAR Mid-Cap ETF"},{"tid":12779,"vid":2,"name":"ROST","description":"Ross Stores","primary":true},{"tid":9976,"vid":2,"name":"RTH","description":"Merrill Lynch Retail HOLDRS Trust due 12/31/41"}],"storyId":"6740d0dcb6cb720001aa2e10","tags":[{"tid":799703,"vid":3,"name":"Briefs"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":913345,"vid":3,"name":"Stories That Matter"}],"teaser":"Analysts express views on Ross Stores\u0026#39; Q3 results, with EPS beating consensus but sales missing. Company expects weaker Q4. BofA maintains Buy rating.","teaserText":"Analysts express views on Ross Stores\u0026#39; Q3 results, with EPS beating consensus but sales missing. Company expects weaker Q4. BofA maintains Buy rating.","tickers":[{"tid":942905,"vid":2,"name":"KMID","description":"Virtus ETF Trust II Virtus KAR Mid-Cap ETF"},{"tid":12779,"vid":2,"name":"ROST","description":"Ross Stores","primary":true},{"tid":9976,"vid":2,"name":"RTH","description":"Merrill Lynch Retail HOLDRS Trust due 12/31/41"}],"title":"Analysts See Growth Potential In Ross Stores Amid Holiday Season Optimism: Details","updated":"2024-11-22T18:43:45Z","updatedAt":"2024-11-22T18:43:45Z","url":"https://www.benzinga.com/24/11/42145132/analysts-see-growth-potential-in-ross-stores-amid-holiday-season-optimism"},{"assets":[{"type":"image","title":"Nike shoe boxes","alt":"Nike shoe boxes","source":"Nike shoe boxes. Photo via Shutterstock.","mime":"","primary":true,"attributes":{"fid":"901154","filename":"Nike-shoe-boxes.jpeg","filepath":"files/images/story/2024/11/22/Nike-shoe-boxes.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nabaparna Bhattacharya","body":"\u003cp\u003e\u003cstrong\u003eNeedham\u003c/strong\u003e analyst Tom Nikic initiated \u003cstrong\u003eNike, Inc. \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NKE#NYSE\"\u003eNKE\u003c/a\u003e) with a Buy rating and a\u003ca target=\"_blank\" href=\"https://www.benzinga.com/quote/NKE/analyst-ratings\" rel=\"noreferrer noopener\"\u003e price forecast of $84.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst suggests that Nike\u0026#8217;s worst may nearly be over, with the recent CEO transition from John Donohoe to Nike veteran Elliott Hill seen as a major turning point \u0026#8211; \u0026#8220;Nike\u0026#8217;s proverbial white knight.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst also acknowledges that management accepts past mistakes and takes decisive steps to correct them.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlthough these strategies may pressure profits on P\u0026amp;L in the short term, they are viewed as the right moves for the company, Nikic writes.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile rebuilding the brand\u0026#8217;s momentum will take time, the analyst sees potential for Nike to become an attractive \u0026#8220;story stock\u0026#8221; in 2025, especially if performance has hit its lowest point and investors view Elliott Hill as the company\u0026#8217;s savior.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/government/regulations/24/11/42143421/staggering-google-breakup-proposal-from-doj-a-kitchen-sink-moment-alphabet-analyst\" rel=\"noreferrer noopener\"\u003e\u0026#8216;Staggering\u0026#8217; Google Breakup Proposal From DOJ A \u0026#8216;Kitchen Sink Moment\u0026#8217;: Alphabet Analyst\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst notes that three years ago, the consensus FY25 EPS forecast for Nike was around $6.60, but it has now dropped to $2.75.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, per Nikic, this updated estimate accurately reflects the necessary adjustments Nike needs to make.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst also projects revenue declines to peak in the second half of 2024 and the first half of 2025 as Nike reduces over-distributed styles.\u003c/p\u003e\n\n\n\n\u003cp\u003eIf revenue trends improve in the coming quarters and the EPS revision cycle turns positive, the analyst forecasts Nike\u0026#8217;s stock could start rising.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe analyst projects Nike to report FY25 revenues of $47.383 billion, with earnings per share of $2.67.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action\u003c/strong\u003e: NKE shares are trading higher by 2.52% to $76.99 at last check Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto via Shutterstock\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u0026nbsp;\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTrump Appears \u0026#8216;Frustrated\u0026#8217; As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List \u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":71,"vid":1,"name":"Initiation"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":24,"vid":1,"name":"Movers"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":18467,"vid":1,"name":"General"}],"created":"2024-11-22T18:40:14Z","createdAt":"2024-11-22T18:40:14Z","id":42145065,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Nike-shoe-boxes.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3021,"Industry":"Rubber \u0026 Plastics Footwear","IndustryGroup":302,"MajorGroup":30,"Division":""}],"NAICS":[{"NationalIndustryCode":316210,"NationalIndustry":"Footwear Manufacturing ","IndustryCode":31621,"Industry":"Footwear Manufacturing","IndustryGroupCode":3162,"IndustryGroup":"Footwear Manufacturing","SubSectorCode":316,"SubSector":"Leather and Allied Product Manufacturing","SectorCode":31,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":10240030,"Industry":"Footwear \u0026 Accessories","IndustryGroupCode":10240,"IndustryGroup":"Manufacturing—Apparel \u0026 Accessories","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":true,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661437,"post_path":"24/11/42145065/nikes-worst-may-nearly-be-over-says-analyst-hailing-new-ceo-elliott-hill-as-proverbial-white-knight-for-brand-recovery","post_type":"post"}},"nodeId":42145065,"stocks":[{"tid":15625,"vid":2,"name":"NKE","description":"Nike","primary":true}],"storyId":"6740d00ab6cb720001aa2dcf","tags":[{"tid":799703,"vid":3,"name":"Briefs"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":913345,"vid":3,"name":"Stories That Matter"}],"teaser":"Analyst sees Nike\u0026#39;s worst nearly over, with CEO Elliott Hill hailed as the \u0026#34;proverbial white knight\u0026#34; driving brand recovery and stock potential.","teaserText":"Analyst sees Nike\u0026#39;s worst nearly over, with CEO Elliott Hill hailed as the \u0026#34;proverbial white knight\u0026#34; driving brand recovery and stock potential.","tickers":[{"tid":15625,"vid":2,"name":"NKE","description":"Nike","primary":true}],"title":"Nike\u0026#39;s Worst May Nearly Be Over: Analyst Sees CEO Transition And Strategic Fixes Sparking A Turnaround","updated":"2024-11-22T18:40:14Z","updatedAt":"2024-11-22T18:40:14Z","url":"https://www.benzinga.com/24/11/42145065/nikes-worst-may-nearly-be-over-says-analyst-hailing-new-ceo-elliott-hill-as-proverbial-white-knight-for-brand-recovery"}],"extraStories":[{"id":42152721,"author":"Chris Katje","created":"Sat, 23 Nov 2024 14:30:16 -0400","updated":"Sat, 23 Nov 2024 14:30:17 -0400","title":"Tesla Cybertruck Part Of Donald Trump's Motorcade, Will Vehicle Land Government Deals?","teaser":"Donald Trump\u0026#39;s motorcade near SpaceX\u0026#39;s Starbase featured a Tesla Cybertruck. Here\u0026#39;s what it could mean.","body":"\u003cp\u003eThe \u003cstrong\u003eTesla Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e) Cybertruck may be able to add President-elect\u003cstrong\u003e Donald Trump\u003c/strong\u003e to the list of celebrities who are fans of the unique electric vehicle after a recent \u003ca href=\"https://www.benzinga.com/general/space/24/11/42058175/trump-may-attend-elon-musks-starship-test-flight-in-texas-on-tuesday-report\"\u003evisit to \u003cstrong\u003eSpaceX\u003c/strong\u003e\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The Cybertruck has attracted purchases from Tesla fans, \u003ca href=\"https://www.benzinga.com/general/entertainment/24/03/37852639/tesla-cybertruck-the-new-celebrity-fashion-accessory-steve-aoki-big-sean-latest-to-own-ev\"\u003ecelebrities\u003c/a\u003e and even been bought by \u003ca href=\"https://www.benzinga.com/news/24/10/41246431/after-shaq-jay-z-beyonce-and-others-tesla-cybertruck-joins-joins-irvine-police-departments-fleet-wil\"\u003esome police departments\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003ePresident-elect Trump recently traveled to Starbase in Texas to watch the sixth flight test of SpaceX's Starship, where he also interacted with Tesla CEO and friend \u003cstrong\u003eElon Musk.\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile pictures and videos of the visit have gone viral online, one of the items investors might be paying attention to is a video of a Cybertruck being in Trump's motorcade.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Cybertruck in the motorcade on Starbase,\" Trump's Deputy Director of Communications \u003cstrong\u003eMargo Martin \u003c/strong\u003etweeted with a video.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eCybertruck in the motorcade on Starbase \u0026#x1f680;\u0026#x1f1fa;\u0026#x1f1f8; \u003ca href=\"https://t.co/8u6ZtZeJW1\"\u003epic.twitter.com/8u6ZtZeJW1\u003c/a\u003e\u003c/p\u003e\u0026mdash; Margo Martin (@margomartin) \u003ca href=\"https://twitter.com/margomartin/status/1859021962510823902?ref_src=twsrc%5Etfw\"\u003eNovember 19, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eWhile it's unknown who was in the Cybertruck, the Tesla vehicle stood out as it was in the convoy of police and armored vehicles\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eYou may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/24/11/42144099/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-44\"\u003e\u003cstrong\u003echeck out five stocks flying under the radar that deserve your attention.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It's Important: \u003c/strong\u003eGiven the importance to protect Trump during travel given past assassination attempts on his life, the use of a Cybertruck in the convoy could signal the trust in the stainless steel vehicle said to be bulletproof. \u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eInvestors will be watching to see if Cybertrucks could make their way into the president's convoy going forward or if this was only due to the close proximity to the SpaceX location.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump\u003ca href=\"https://www.benzinga.com/news/24/08/40179186/youtuber-gifts-trump-a-tesla-cybertruck-with-custom-wrap-of-his-pennsylvania-rally-shooting-incident\"\u003e was previously gifted \u003c/a\u003ea Cybertruck wrapped with an image of himself and featuring the words \"Make America Great Again\" on the hood by YouTuber \u003cstrong\u003eAdin Ross.\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"That's an Elon. That is beautiful,\" Trump said when he saw the vehicle.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/general/entertainment/24/09/40736498/elon-musks-blade-runner-inspired-cybertruck-now-serves-pizza-on-the-side\"\u003eElon Musk\u0026#8217;s \u0026#8216;Blade Runner\u0026#8217;-Inspired Cybertruck Now Serves Pizza On The Side\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Tesla-Cybertruck.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Tesla-Cybertruck.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Tesla-Cybertruck.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"TSLA"}],"tags":[{"name":"Cybertruck"},{"name":"Discover Project"},{"name":"Donald Trump"},{"name":"electric vehicles"},{"name":"Elon Musk"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starbase"}]},{"id":42152643,"author":"Maureen Meehan","created":"Sat, 23 Nov 2024 13:30:25 -0400","updated":"Sat, 23 Nov 2024 13:30:25 -0400","title":"DEA Banned From Random Airport Searches After Scathing Justice Department Report Uncovers Corruption","teaser":"The DEA has been barred from conducting random searches of travelers\u0026#39; belongings at airports and transit hubs following a Justice Department investigation that exposed corrupt practices.","body":"\u003cp\u003eThe \u003ca href=\"https://www.benzinga.com/topic/dea\"\u003eDrug Enforcement Administration \u003c/a\u003e(DEA) has been barred from conducting random searches of travelers\u0026#8217; belongings at airports and transit hubs following a \u003cstrong\u003eJustice Department\u003c/strong\u003e investigation that exposed corrupt practices. The investigation, led by Inspector General \u003cstrong\u003eMichael Horowitz\u003c/strong\u003e, uncovered failures to properly document searches, potential racial profiling and questionable partnerships with airline employees. \u003c/p\u003e\n\n\n\n\u003cp\u003eOne airline worker reportedly received tens of thousands of dollars over several years as a kickback for flagging passengers based on travel patterns, such as purchasing last-minute tickets. \u003c/p\u003e\n\n\n\n\u003cp\u003e\"The DOJ Office of the Inspector General (OIG) found that the DEA has repeatedly failed to comply with its own policies, creating significant operational and legal risks,\" according to the \u003ca href=\"https://oig.justice.gov/news/doj-oig-releases-management-alert-identifying-concerns-deas-transportation-interdiction\"\u003ereport\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cannabis/23/07/33156524/dea-turns-50-unveiling-the-ineffectiveness-of-the-ongoing-war-on-drugs-now-what\"\u003e$1 Trillion And 50 Years Later, Is The DEA\u0026#8217;s War On Drugs A Failure?\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe decision to suspend the searches was issued on November 12 by the deputy attorney general after reviewing the draft report. The Justice Department's memo restricts DEA agents from engaging in consensual encounters at transit locations unless tied to active investigations or approved under special circumstances.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003e\u003cstrong\u003eSystemic Corruption\u003c/strong\u003e\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe report follows a widely circulated video released by the \u003ca href=\"https://ij.org/press-release/department-of-justice-suspends-controversial-airport-interdictions-after-viral-footage-showing-dea-agents-threatening-abusing-innocent-traveler/\"\u003eInstitute for Justice\u003c/a\u003e (IJ), a nonprofit civil rights organization. One case cited in the memo involved a traveler approached by a DEA Task Force Officer at an airport. The video shows a traveler, identified as David C., refusing to consent to a search at an airport. Despite his objections, agents took his backpack, claimed a drug-detection dog alerted them and conducted the search, which yielded no illegal items. The delay, which caused David to miss his flight, resulted in widespread public criticism.\u003c/p\u003e\n\n\n\n\u003cp\u003eFurther investigation revealed systemic issues. The DEA rarely documents its searches unless they result in seizures or arrests, making it impossible to determine how many travelers have been impacted. In one case, musician Brian Moore had $8,500 seized at an airport, money intended for a music video project. He was never charged with a crime but spent a year and $15,000 in legal fees to recover his funds. Moore said the experience ruined his music career.\u003c/p\u003e\n\n\n\n\u003cp\u003eA 2016 \u003ca href=\"https://www.usatoday.com/story/news/2016/08/10/dea-travel-record-airport-seizures/88474282/\"\u003eUSA Today investigation\u003c/a\u003e found that DEA agents seized over $209 million from more than 5,200 travelers at 15 major airports over a decade, with most funds shared with local police. Critics argue these practices incentivize unconstitutional searches for profit.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Institute for Justice has since sued the DEA and TSA, advocating for legislation to eliminate these financial incentives. The DEA has yet to respond to the findings.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eNow Read:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/markets/cannabis/24/08/40586896/dea-can-still-make-cannabis-arrests-in-legal-weed-states-like-ohio-but-its-not-our-goal\"\u003e\u003cstrong\u003eDEA Can Still Make Cannabis Arrests In Legal Weed States Like Ohio, But It\u0026#8217;s Not \u0026#8216;Our Goal\u0026#8217;\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Courtesy of DEA\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/markets/cannabis/24/11/42152643/dea-banned-from-random-airport-searches-after-scathing-justice-department-report-uncovers-corruption","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/DEA-MM.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/DEA-MM.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/DEA-MM.jpeg"}],"channels":[{"name":"Cannabis"},{"name":"Government"},{"name":"News"},{"name":"Top Stories"}],"stocks":[],"tags":[{"name":"DEA"},{"name":"Dept. Of Justice"},{"name":"Inspector General Michael Horowitz"},{"name":"Institute for Justice"}]},{"id":42152520,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 12:30:27 -0400","updated":"Sat, 23 Nov 2024 12:30:28 -0400","title":"Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation","teaser":"Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.","body":"\u003cp\u003eLarge holders of \u003cstrong\u003eDogecoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin's biggest investors. \u003c/p\u003e\n\n\n\n\u003cp\u003eBlockchain experts note that such whale movements often signal potential market shifts, as these transactions can precede either price rallies or sell-offs. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe transfers occurred amid a period of relative stability for Dogecoin, trading near $0.056 at the time of the transactions.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/Dogecoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Dogecoin\u003c/a\u003e whales have bought more than 550 million \u003ca href=\"https://twitter.com/search?q=%24DOGE\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$DOGE\u003c/a\u003e over the past week, worth around $214.5 million! \u003ca href=\"https://t.co/0eHqQGL3LO\"\u003epic.twitter.com/0eHqQGL3LO\u003c/a\u003e\u003c/p\u003e\u0026mdash; Ali (@ali_charts) \u003ca href=\"https://twitter.com/ali_charts/status/1859560640869806344?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Historically, Dogecoin's price has been highly susceptible to whale activity, prompting heightened attention from the crypto community.\u003c/p\u003e\n\n\n\n\u003cp\u003eDogecoin, created in 2013 as a joke, has gained significant traction thanks to endorsements from figures like \u003cstrong\u003eElon Musk\u003c/strong\u003e. Despite its origins, the cryptocurrency now ranks among the top digital assets by market capitalization.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe meme coin remains a popular choice for retail investors, although its price volatility has led to mixed opinions among analysts. This latest whale activity underscores the ongoing interest in Dogecoin among major holders, hinting at potential shifts in market sentiment.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/39871566/massive-dogecoin-moves-worth-50-million-each-spotted-on-robinhood\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMassive Dogecoin Moves Worth $50 Million Each Spotted On Robinhood\u003c/a\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Top Stories"},{"name":"Markets"}],"stocks":[{"name":"$DOGE"}],"tags":[{"name":"Doge tokens"},{"name":"dogecoin"},{"name":"whale"}]},{"id":42151809,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 08:00:44 -0400","updated":"Sat, 23 Nov 2024 08:00:45 -0400","title":"Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin: 'May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now'","teaser":"MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin (CRYPTO: BTC) ","body":"\u003cp\u003e\u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) co-founder \u003cstrong\u003eMichael Saylor\u003c/strong\u003e has revealed that the company is minting $500 million a day as \u003cstrong\u003eBitcoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003einches closer to $100,000\u003c/a\u003e for the first time in its history.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic – MicroStrategy's holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn an interview with CNBC, Saylor broke down MicroStrategy's gains, saying, \"We're making $500 million a day. I'm staring at my screen and we're selling dollar bills for $3, sometimes a million times a minute.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eTo put things into perspective, MicroStrategy's stock delivered a whopping 97% gain in the last month, while Bitcoin has gained nearly 47%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors\"\u003eBitcoin Could Reach $180K In Current Cycle Thanks To Trump Victory, Says VanEck, But Has This Warning For Investors\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYear-to-date, MicroStrategy's stock has gained over 515% while Bitcoin prices have increased by 122%.\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia, the AI bellwether and the world's most valuable company by market capitalization, has seen its stock rise by nearly 195% during this period.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"We may very well be the most profitable company in the U.S. growing the fastest right now. There's not many companies making $500 million a day,\" Saylor said.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eJUST IN: Michael Saylor says, \"We are making $500 million a day\" with \u003ca href=\"https://twitter.com/hashtag/Bitcoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Bitcoin\u003c/a\u003e and \"we may very well be the most profitable company in the US growing the fastest right now.\" \u003ca href=\"https://t.co/HeMTnebfXw\"\u003epic.twitter.com/HeMTnebfXw\u003c/a\u003e\u003c/p\u003e\u0026mdash; Simply Bitcoin (@SimplyBitcoinTV) \u003ca href=\"https://twitter.com/SimplyBitcoinTV/status/1859966097782636791?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e The surge in\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42138209/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows\"\u003eMicroStrategy\u0026#8217;s stock\u003c/a\u003e\u0026nbsp;is not just a reflection of Bitcoin\u0026#8217;s rising value but also highlights the company\u0026#8217;s strategic bet on the cryptocurrency.\u003c/p\u003e\n\n\n\n\u003cp\u003eResearch from BitMEX has shown that MicroStrategy is trading at a 256% premium to the net asset value of its Bitcoin holdings, suggesting a significant valuation disparity driven by its aggressive acquisition strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis premium may be influenced by financial regulations that restrict Bitcoin ETF purchases, pushing investors towards MicroStrategy for exposure.\u003c/p\u003e\n\n\n\n\u003cp\u003eFurthermore, Saylor\u0026#8217;s bold prediction that Bitcoin could reach $13 million by 2045 has sparked discussions about the potential economic implications, including\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42116183/michael-saylor-predicted-bitcoin-to-hit-13-million-if-it-happens-it-will-entail-massive-hyperinflation-analyst-warns\"\u003emassive hyperinflation\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis prediction, if realized, would elevate Bitcoin\u0026#8217;s market cap to $250 trillion, dwarfing the current world GDP and global stock markets.\u003c/p\u003e\n\n\n\n\u003cp\u003eAmidst these developments,\u0026nbsp;\u003cstrong\u003eWarren Buffett\u0026#8217;s\u003c/strong\u003e decision to hold $325 billion in cash at\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42137295/as-mstrs-michael-saylor-says-warren-buffett-is-destroying-berkshire-capital-analyst-suggests-overpricedhot-stock-market-could-be-the-reason-oracle-of-omaha-is-sitting-on-325b-cash\"\u003eBerkshire Hathaway\u003c/a\u003e\u0026nbsp;has drawn criticism from Saylor, who argues that not investing in Bitcoin is a missed opportunity.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e At the time of writing, Bitcoin was trading at $98,556, down 0.04% in the last 24 hours, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro data\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Wikimedia\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/24/11/42151809/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin-may-very-well-be-the-most-profitable-company-in-the-us-growing-the-fastest-right-now","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/untitled.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Markets"}],"stocks":[{"name":"$BTC"},{"name":"BTC"},{"name":"MSTR"}],"tags":[{"name":"Bitcoin"},{"name":"Michael Saylor"}]},{"id":42141974,"author":"Kaili Killpack","created":"Fri, 22 Nov 2024 12:15:00 -0400","updated":"Sat, 23 Nov 2024 14:29:44 -0400","title":"House Passes $196 Billion Social Security Bill: Will Repealing Pension Reductions Shorten The Program's Lifespan?","teaser":" ","body":"\u003cp\u003eOn Nov. 12, the U.S. House of Representatives passed the \u003ca href=\"https://www.benzinga.com/personal-finance/24/09/41051553/bipartisan-effort-to-eliminate-social-security-cuts-for-teachers-police-and-more-grows-in-congre\"\u003e\u003cem\u003eSocial Security Fairness Act\u003c/em\u003e\u003c/a\u003e, a bipartisan bill set in motion to eliminate two long-standing provisions that currently reduce Social Security benefits for public sector employees.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe legislation was first introduced in 2023 and will now head to the Senate, where it has strong bipartisan support. If passed, it is estimated to cost $196 billion over the next decade. Critics worry that enacting this bill could further exacerbate \u003ca href=\"https://www.benzinga.com/personal-finance/24/09/41082731/new-survey-finds-75-of-americans-support-cuts-for-higher-income-retirees-to-cover-social-securit\"\u003eSocial Security's funding challenges\u003c/a\u003e.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThe number of ‘401(k)' Millionaires is up 43% from last year —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/401k-millionaires\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eHere are three ways to join the club.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCan you guess how many Americans successfully retire with $1,000,000 saved?\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/1milsaved\"\u003e\u003cstrong\u003e The percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eWhat Does the Social Security Fairness Act Do?\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe bill addresses two key provisions – added to the \u003cem\u003eSocial Security Act\u003c/em\u003e in 1983 – that affect public sector workers:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003e\u003cstrong\u003eThe Windfall Elimination Provision (WEP)\u003c/strong\u003e: This rule reduces Social Security benefits for individuals who receive pensions from jobs where they didn't pay Social Security taxes, like certain state and local government positions. According to the Congressional Research Service, about 2.1 million people are affected by this provision.\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThe Government Pension Offset (GPO)\u003c/strong\u003e: The GPO reduces Social Security benefits for spouses, widows and widowers who receive government pensions. About 745,000 individuals currently receive reduced benefits under this provision.\u0026nbsp;\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003eThose in support of repealing these rules argue that they unfairly penalize retired teachers, police officers, firefighters and other public servants, many of whom heavily rely on their Social Security and pension benefits for their income.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/money/62-years-old-with-1-mil-saved\"\u003e\u003cstrong\u003eI\u0026#8217;m 62 Years Old And Have $1.2 Million Saved. Is This Enough to Retire Stress-Free?\u003c/strong\u003e\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eSupporters Praise the Bill\u003c/h2\u003e\n\n\n\n\u003cp\u003eProponents of the bill see it as a victory for equity. Representative Garret Graves (R-La.), a coleader of the bill, stated on the House floor, \"This has been 40 years of treating people differently, discriminating against a certain set of workers.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe National Committee to Preserve Social Security and Medicare called the House vote a \u0026#8220;bipartisan victory\u0026#8221; for public employees and their families.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eConcerns About Social Security's Future\u003c/h2\u003e\n\n\n\n\u003cp\u003eWhile the bill aims to address disparities among a demographic affected for over 40 years, critics are concerned that enacting it could further strain Social Security's already depleting finances.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Congressional Budget Office estimates the bill would add $196 billion to deficits over the next 10 years and bring the trust fund depletion date forward by six months. Social Security funds are expected to run out at their current rate \u003ca href=\"https://www.benzinga.com/personal-finance/24/09/40817544/report-warns-of-16-500-annual-social-security-benefit-cut-for-dual-income-couples-by-2033\"\u003ein 2033\u003c/a\u003e, meaning that beneficiaries would receive about 79% of their benefits.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: \u003cstrong\u003eThis Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSome lawmakers, like Rep. John Larson (D-Conn.), argue that, while reform is necessary, it needs to be handled differently. \"I could not vote for the bills on the floor tonight because they are not paid for and therefore put Americans' hard-earned benefits at risk,\" Larson said. \"It would hurt most deeply the five million of our fellow Americans who receive below poverty checks and almost half of all Social Security recipients who rely on their earned benefits for the majority of their income.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eInstead, Larson proposed an alternative proposal: the Social Security 2100 Act. This would also repeal the WEP and GPO and include additional measures to increase revenues, like raising payroll taxes for higher earners.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003ePolicy experts also express their concerns. Romina Boccia, director of budget and entitlement policy at the Cato Institute, criticized the bill, stating the policy is wrong and needs broader changes.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\"We should reform Social Security so that it provides basic income security to the most vulnerable Americans in old age without adding to the debt or tax burden that younger workers face,\" Boccia said.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: The average American couple has saved this much money for retirement —\u003c/strong\u003e\u003ca href=\"http://www.benzinga.com/money/smartasset\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eHow do you compare\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e?\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eWhat Happens Next?\u0026nbsp;\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe Social Security Fairness Act has already garnered enough Senate cosponsors to pass if brought to the floor for a vote. If signed into law, repealing the WEP and GPO would apply to benefits starting in 2024, significantly changing the benefits for the affected retirees and leaving unresolved questions about the program's long-term solvency.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eMany are using this retirement income calculator to check if they\u0026#8217;re on pace —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ehere\u0026#8217;s a breakdown on how on what\u0026#8217;s behind this formula.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eStudies show 50% of consumers think Financial Advisors cost much more than they do —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/money-pickle\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eto debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/personal-finance/24/11/42141974/house-passes-196-billion-social-security-bill-will-repealing-pension-reductions-shorten-the-programs-lifespan","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Chamber-US-House-of-Representatives-Wash.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Chamber-US-House-of-Representatives-Wash.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Chamber-US-House-of-Representatives-Wash.jpeg"}],"channels":[{"name":"Personal Finance"}],"stocks":[],"tags":[{"name":"news access"},{"name":"Personal Finance Access"},{"name":"Social Security"}]},{"id":42115069,"author":"Jeannine Mancini","created":"Thu, 21 Nov 2024 11:15:17 -0400","updated":"Thu, 21 Nov 2024 11:15:18 -0400","title":"Warren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda 'On Sale'","teaser":" ","body":"\u003cp\u003eWarren Buffett is a master of making money – and Coca-Cola is \u003ca href=\"https://www.benzinga.com/startups/24/11/42011977/99-billion-bet-warren-buffett-invests-heavily-in-2-stocks-expected-to-jump-19-and-20-wall-street-analysts-predict\"\u003eone of his biggest cash cows\u003c/a\u003e. In 2024, Berkshire Hathaway, Buffett's investment behemoth, is set to rake in $776 million in Coca-Cola dividends alone.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThis Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/rad-ai-2\"\u003e\u003cstrong\u003e here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before it closes tonight.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eThat's right: $776 million for holding 400 million shares. According to Moneywise, this massive payout comes from Coca-Cola upping its quarterly dividend to 48.5 cents per share. If you're doing the math, that's $0.485 x 4 x 400,000,000. It\u0026#8217;s not a bad haul for simply sitting on a mountain of Coke stock.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett's love for Coca-Cola isn't just financial – it's personal. The 94-year-old billionaire famously drinks five cans daily and gets roughly 25% of his daily calories from the fizzy stuff. In a 2015 Fortune interview, he admitted, \"If I eat 2,700 calories daily, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it every day.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, despite being Coca-Cola's largest shareholder and perhaps its most dedicated fan, Buffett doesn't get his favorite beverage for free. As revealed in the 2017 HBO documentary Becoming Warren Buffett, his wife Astrid even goes out of her way to buy the soda on sale. According to Buffett's daughter, Susie, her dad doesn't have room to stockpile the soda, but her mother bought it in bulk for the best price when she was alive.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: \u003c/strong\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSusie also revealed her famously frugal father's second wife, Astrid, also likes to get a deal. \"Astrid is more likely to try to find out where it's on sale and buy it on sale.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile it may seem like Buffett has been a Coca-Cola lover forever, he once only drank its rival. \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe\"\u003eHis son\u003c/a\u003e, Howard, even called him \"Pepsi Warren.\" He reportedly drank Pepsi for nearly 50 years before switching brands in the 1980s.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett's switch from Pepsi to Coca-Cola reportedly had to do with his neighbor, Don Keough, a coffee salesperson in Omaha in the 1960s. According to Glen Arnold in The Deals of Warren Buffett Volume 2, Buffett once knocked on Keough's door with a pitch: \"If you give me $10,000, I might be able to do something with it.\" Keough wasn't sold. \"I didn't have it, but I could've borrowed it from my father. But can you imagine giving $10,000 to a guy who doesn't get up and go to work in the morning?\" he later said. Keough passed on the offer, which Arnold estimated could've grown to $93 million by 2018.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYears later, Keough climbed the corporate ladder at Coca-Cola, becoming its president and COO in the 1980s. Keough seized the moment when he read in a magazine that Buffett was hooked on Pepsi Cherry. He sent his old neighbor some Cherry Coke samples, calling it the \"\u003ca href=\"https://www.benzinga.com/general/24/02/37240748/warren-buffett-drinks-5-cans-of-coke-per-day-at-93-years-old-but-he-was-a-dedicated-pepsi-drinker-fo\"\u003enectar of the gods\u003c/a\u003e.\" Buffett was hooked. In 1986, he even told Berkshire Hathaway shareholders that Cherry Coke was now the official drink of their annual meeting, cementing his switch – and his eventual investment – in Coca-Cola.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett\u0026#8217;s 400 million shares of Coca-Cola stock represent a massive portion of his investment portfolio, worth over $25 billion at current market prices. But this investment is more than just numbers – it's a perfect example of Buffett's \u003ca href=\"https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved\"\u003elong-term approach to investing\u003c/a\u003e and his connection to the brand, even if he does have to buy it on sale.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eWith over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/rad-ai-2\"\u003e\u003cstrong\u003eBe an early investor with just $1,000 for only $0.50/share today before the offer closes in less than 24 hours\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e!\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"news access"},{"name":"Startups Access"},{"name":"Warren Buffett"}]}],"featuredNews":[{"id":42152862,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 16:00:27 -0400","updated":"Sat, 23 Nov 2024 16:00:28 -0400","title":"Trump Picks Project 2025 Co-Author Russell Vought for OMB","teaser":"Trump strengthens his alignment with conservative priorities by appointing Project 2025 co-author Russell Vought as OMB director.","body":"\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e has selected \u003cstrong\u003eRussell Vought\u003c/strong\u003e, co-author of the conservative policy agenda Project 2025, as director of the \u003ca target=\"_blank\" href=\"https://www.benzinga.com/news/24/11/42024583/world-bank-worries-over-budget-cuts-after-24b-mishap-trump-win\" rel=\"noreferrer noopener\"\u003eOffice of Management and Budget (OMB) in his second term.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eVought previously served as OMB\u0026#8217;s deputy director during Trump\u0026#8217;s first term. But his influence extends beyond OMB. He wrote the chapter on the Executive Office of the President in Project 2025, a conservative policy framework developed by The Heritage Foundation, The Hill \u003ca href=\"https://thehill.com/homenews/campaign/5005710-trump-picks-project-2025-author-russell-vought-to-lead-budget-office/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;He did an excellent job serving in this role in my First Term \u0026#8211; We cut four Regulations for every new Regulation, and it was a Great Success!\u0026#8221; Trump \u003ca href=\"https://truthsocial.com/@realDonaldTrump/posts/113529338208908362\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewrote\u003c/a\u003e in a post on Truth Social on Friday. \u0026#8220;We will restore fiscal sanity to our Nation.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump praised Vought\u0026#8217;s experience in public policy, describing him as an aggressive cost-cutter and deregulator who would help advance the \u0026#8220;America First\u0026#8221; agenda across federal agencies.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\" rel=\"noreferrer noopener\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe president-elect emphasized Vought\u0026#8217;s knowledge of dismantling the so-called \u0026#8220;Deep State\u0026#8221; and restoring self-governance to the American people, alongside a promise to restore fiscal discipline.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn response to the selection, Vought \u003ca href=\"https://x.com/russvought/status/1860121532758204758?prefetchTimestamp=1732383856583\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eposted\u003c/a\u003e on X, \u0026#8220;There is unfinished business on behalf of the American people, and it\u0026#8217;s an honor of a lifetime to get the call again.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eProject 2025, which includes input from scholars and policy experts, proposes sweeping changes such as reshaping the executive branch and reducing the size and funding of certain government agencies.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Trump previously distanced himself from Project 2025 during his campaign, citing its controversial elements, his decision to appoint Vought as OMB director signals a strong alignment with its conservative priorities. The project has faced significant backlash from Democrats, who argue it threatens American democratic institutions.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/long-ideas/24/11/42152450/benzinga-bulls-and-bears-coinbase-microstrategy-nvidia-e-l-f-beauty-and-dogecoin-millionaire-predicts-2025-meme-kings\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBenzinga Bulls And Bears: Coinbase, MicroStrategy, Nvidia, e.l.f. Beauty \u0026#8211; And Dogecoin Millionaire Predicts 2025 Meme Kings\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Wikimedia Commons\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152862/trump-picks-project-2025-co-author-russell-vought-for-omb","image":"https://cdn.benzinga.com/files/images/story/2024/11/23/1024px-President-Trump-Signs-Executive-O.jpeg","channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"2024 elecction"},{"name":"AI Generated"},{"name":"Budget Office"},{"name":"Conservative"},{"name":"Donald Trump"},{"name":"Project 2025"},{"name":"Russel Vought"}]},{"id":42152684,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 14:00:21 -0400","updated":"Sat, 23 Nov 2024 14:00:23 -0400","title":"Musk Tweet Sparks Dogecoin Surge, Fuels Speculation On X Payments","teaser":"Dogecoin (CRYPTO: DOGE) experienced a 5% surge following a tweet by Elon Musk on X. This has sparked fresh speculations about the imminent payments service on Musk’s social app.","body":"\u003cp\u003e\u003cstrong\u003eDogecoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) experienced a 5% surge following a tweet by \u003cstrong\u003eElon Musk\u003c/strong\u003e on X. This has sparked fresh speculations about the imminent payments service on Musk\u0026#8217;s social app.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: Musk\u0026#8217;s Friday post, which featured a screenshot of podcaster Joe Rogan\u0026#8217;s X profile, triggered the increase in Dogecoin\u0026#8217;s price. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe post displayed a unique dollar icon, different from the app\u0026#8217;s tipping service, leading to speculations that it could be related to the anticipated X Payments service.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eHave to say that \u003ca href=\"https://twitter.com/joerogan?ref_src=twsrc%5Etfw\"\u003e@joerogan\u003c/a\u003e's profile description is awesome \u0026#x1f602; \u003ca href=\"https://t.co/6Z8hUAQIBj\"\u003epic.twitter.com/6Z8hUAQIBj\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859930496278368525?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eMusk responded to the speculation with a simple \u0026#8220;true\u0026#8221;, further fueling the rumors. Dogecoin\u0026#8217;s price has historically been influenced by payment-related news from any of Musk\u0026#8217;s ventures, including X, formerly known as Twitter.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eTrue\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860003103518732614?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThere are speculations that once the service is live, it might support transactions with digital assets like DOGE, given Musk\u0026#8217;s known fondness for the token. \u003c/p\u003e\n\n\n\n\u003cp\u003eMusk\u0026#8217;s electric car company, already accepts DOGE payments for certain merchandise purchases in its online store.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eOver the past 24 hours, DOGE has advanced 6.16% and at the time of writing it was trading at $0.4332, outperforming the stagnant \u003cstrong\u003eBitcoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) prices. The token has risen 190% over the past month, trading at its highest level since May 2021.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: The surge in Dogecoin\u0026#8217;s price following Musk\u0026#8217;s tweet is significant as it highlights the influence Musk has over the cryptocurrency market. \u003c/p\u003e\n\n\n\n\u003cp\u003eHis tweet sparked speculations about the forthcoming X Payments service, which could potentially support transactions with digital assets like DOGE. \u003c/p\u003e\n\n\n\n\u003cp\u003eThis is particularly noteworthy given Musk\u0026#8217;s known fondness for the token and the fact that his electric car company, Tesla Inc., already accepts DOGE payments for certain merchandise purchases. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe rise in DOGE\u0026#8217;s price also outperformed the stagnant bitcoin prices, indicating a growing interest in alternative cryptocurrencies.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/04/38478483/crypto-analyst-predicts-this-altcoin-will-explode-260-in-2024-and-its-not-dogecoin-or-shib\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eCrypto Analyst Predicts This Altcoin Will Explode 260% In 2024, And It's Not Dogecoin Or Shiba Inu\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments","image":"https://cdn.benzinga.com/files/images/story/2024/11/23/Dogecoins-Surge--Thanks-to-Elon-Musk-and.jpeg","channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Top Stories"},{"name":"Markets"}],"stocks":[{"name":"$BTC"},{"name":"$DOGE"},{"name":"TSLA"}],"tags":[{"name":"dogecoin"},{"name":"Elon Musk"},{"name":"Tesla"},{"name":"twitter"},{"name":"X"}]},{"id":42152450,"author":"Michael Cohen","created":"Sat, 23 Nov 2024 12:00:20 -0400","updated":"Sat, 23 Nov 2024 12:00:21 -0400","title":"Benzinga Bulls And Bears: Coinbase, MicroStrategy, Nvidia, e.l.f. Beauty - And Dogecoin Millionaire Predicts 2025 Meme Kings","teaser":"Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.","body":"\u003cp\u003eBenzinga examined the prospects for\u003ca href=\"http://www.benzinga.com/trading-ideas\"\u003e many investors\u0026#8217; favorite stocks\u003c/a\u003e over the last week — here\u0026#8217;s a look at some of our top stories.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Dow Jones Industrial Average gained around 2% this week, with the S\u0026amp;P 500 and Nasdaq each rising approximately 1.7%. Despite \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e) surpassing analysts\u0026#8217; expectations for Q3 earnings and revenue, its stock traded flat, leaving the market\u0026#8217;s rebound to unfold independently of its AI momentum. \u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile, \u003cstrong\u003eAlphabet Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOG#NASDAQ\"\u003eGOOG\u003c/a\u003e) (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOGL#NASDAQ\"\u003eGOOGL\u003c/a\u003e) faced a steep decline after the DOJ pushed for Chrome\u0026#8217;s divestiture, erasing over $120 billion in market cap on Thursday. \u003c/p\u003e\n\n\n\n\u003cp\u003eOn the economic side, November saw strong U.S. private sector growth, with S\u0026amp;P Global\u0026#8217;s PMI showing the services sector expanding at its fastest rate since March 2022, while inflation pressures eased, \u003ca href=\"https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets\"\u003eaiding the Fed\u0026#8217;s outlook.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eBenzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week\u0026#8217;s most bullish and bearish posts that are worth another look.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eThe Bulls\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/24/11/42072727/exclusive-bitcoin-advocate-anthony-pompliano-says-coinbase-is-similar-to-apple-has-something-that-cant-be-bought\"\u003eEXCLUSIVE: Bitcoin Advocate Anthony Pompliano Says Coinbase Is Similar To Apple, \u0026#8216;Has Something That Can\u0026#8217;t Be Bought\u0026#8217;\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/chris-katje\"\u003eChris Katje\u003c/a\u003e, features \u003cstrong\u003eAnthony Pompliano \u003c/strong\u003ecomparing \u003cstrong\u003eCoinbase Global, Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/COIN#NASDAQ\"\u003eCOIN\u003c/a\u003e) to \u003cstrong\u003eApple Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AAPL#NASDAQ\"\u003eAAPL\u003c/a\u003e), emphasizing its trust and brand power as a leading crypto platform attracting new investors during a pro-crypto administration.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42097462/dogecoin-millionaire-shares-50-million-meme-coin-strategy-for-2025-pepe-brett-are-this-bull-runs-doge-shiba-inu\"\u003eDogecoin Millionaire Shares $50 Million Meme Coin Strategy For 2025: Pepe, Brett Are This Bull Run\u0026#8217;s DOGE, Shiba Inu\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/khyathi-dalal\"\u003eKhyathi Dalal\u003c/a\u003e, details \u003cstrong\u003eGlauber Contessoto\u003c/strong\u003e\u0026#8216;s diversified $50 million investment strategy for 2025. The strategy predicts that \u003cstrong\u003ePepe \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/\"\u003ePEPE\u003c/a\u003e) and \u003cstrong\u003eBrett \u003c/strong\u003e(CRYPTO: BRT) will dominate the next bull market, following the success patterns of \u003cstrong\u003eDogecoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) and \u003cstrong\u003eShiba Inu\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/shib/usd\"\u003eSHIB\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42102652/michael-saylors-microstrategy-takes-wall-street-by-storm-becomes-second-most-traded-stock-after-nvidia\"\u003eMichael Saylor\u0026#8217;s MicroStrategy Takes Wall Street By Storm, Becomes Second-Most Traded Stock After Nvidia\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/aniket-verma\"\u003eAniket Verma\u003c/a\u003e, highlights \u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) surpassing trading volumes of \u003cstrong\u003eTesla Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e) and \u003cstrong\u003eApple Inc.\u003c/strong\u003e, finishing second to \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e after a surge in \u003cstrong\u003eBitcoin\u003c/strong\u003e-related (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) market interest.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor additional bullish calls of the past week, check out the following:\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/24/11/42082542/supermicro-computer-shares-soar-32-as-it-avoids-nasdaq-delisting-but-analysts-are-not-convinced-heres-whats-coming-next-for-smci\"\u003e\u003cem\u003eSuper Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here\u0026#8217;s What\u0026#8217;s Coming Next For SMCI\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/general/gaming/24/11/42047265/gamestop-adds-nat-turner-to-board-does-the-move-show-bigger-bet-on-trading-cards-grading\"\u003e\u003cem\u003eGameStop Adds Nat Turner To Board: Does The Move Show Bigger Bet On Trading Cards, Grading?\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42096407/microsoft-one-of-the-most-compelling-investment-opportunities-says-goldman-sachs\"\u003e\u003cem\u003eMicrosoft \u0026#8216;One Of The Most Compelling Investment Opportunities,\u0026#8217; Says Goldman Sachs\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Bears\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/news/large-cap/24/11/42094649/nvidia-stock-historically-drops-in-december-after-q3-earnings\"\u003eNvidia Stock Historically Drops In December After Q3 Earnings\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/piero-cingari\"\u003ePiero Cingari\u003c/a\u003e, highlights that \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e has historically struggled in December, with an average 1.84% decline and only 40% of Decembers closing positive since 2014, despite strong Q3 earnings. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/general/sports/24/11/42094958/netflix-faces-class-action-lawsuit-over-streaming-crashes-during-jake-paul-mike-tyson-fight\"\u003eNetflix Faces Class-Action Lawsuit Over Streaming Crashes During Jake Paul, Mike Tyson Fight\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/chris-katje\"\u003eChris Katje\u003c/a\u003e, reports on \u003cstrong\u003eNetflix Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NFLX#NASDAQ\"\u003eNFLX\u003c/a\u003e) facing legal action for technical issues during the \u003cstrong\u003eJake Paul\u003c/strong\u003e vs. \u003cstrong\u003eMike Tyson\u003c/strong\u003e boxing match, which attracted over 108 million viewers, making it the most-streamed sporting event ever but resulting in service disruptions that sparked subscriber lawsuits.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/24/11/42097477/muddy-waters-carson-block-is-betting-against-elf-beauty-short-seller-believes-company-is-overstating-revenue-earnings-major-red-flag\"\u003eMuddy Waters\u0026#8217; Carson Block Bets Against E.L.F. Beauty: Short Seller Says Retailer\u0026#8217;s Financials Show \u0026#8216;Major Red Flag\u0026#8217;\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/adam-eckert\"\u003eAdam Eckert\u003c/a\u003e, details \u003cstrong\u003eCarson Block\u003c/strong\u003e\u0026#8216;s short position against \u003cstrong\u003ee.l.f. Beauty Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/ELF#NYSE\"\u003eELF\u003c/a\u003e), alleging inflated revenues of $135-$190 million over three quarters, citing discrepancies between reported growth and U.S. Customs import data.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor more bearish takes, be sure to see these posts:\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/24/11/42097545/feds-bowman-warns-on-inflation-risks-signals-neutral-rate-may-be-closer\"\u003e\u003cem\u003eFed\u0026#8217;s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer \u0026#8216;Than We Currently Think\u0026#8217;\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks\"\u003e\u003cem\u003eTarget Q3 Earnings: Supply Chain Chaos Hits Bottomline, Slashes Annual Profit Outlook, Stock Tanks\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003e\u003cem\u003eBitcoin Analyst Warns Of \u0026#8216;4-6 Flash Crashes\u0026#8217; Before Year-End As It Inches Closer To $100K: That\u0026#8217;s The Moment Altcoins \u0026#8216;Shoot Off\u0026#8217;\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eKeep up with all the latest breaking news and trading ideas by following\u003c/em\u003e\u003ca href=\"https://twitter.com/Benzinga\"\u003e\u003cem\u003e \u003c/em\u003e\u003cem\u003eBenzinga\u003c/em\u003e\u003c/a\u003e\u003ca href=\"http://twitter.com/Benzinga\"\u003e\u003cem\u003e on Twitter\u003c/em\u003e\u003c/a\u003e\u003cem\u003e.\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/11/42152450/benzinga-bulls-and-bears-coinbase-microstrategy-nvidia-e-l-f-beauty-and-dogecoin-millionaire-predicts-2025-meme-kings","image":"https://cdn.benzinga.com/files/images/story/2024/11/23/bulls-and-bears-ai43.jpeg","channels":[{"name":"Cryptocurrency"},{"name":"Equities"},{"name":"Long Ideas"},{"name":"News"},{"name":"Short Sellers"},{"name":"Short Ideas"},{"name":"Top Stories"},{"name":"Trading Ideas"}],"stocks":[{"name":"$BTC"},{"name":"$DOGE"},{"name":"$PEPE"},{"name":"$SHIB"},{"name":"AAPL"},{"name":"COIN"},{"name":"ELF"},{"name":"GOOG"},{"name":"GOOGL"},{"name":"MSTR"},{"name":"NFLX"},{"name":"NVDA"},{"name":"TSLA"}],"tags":[{"name":"AI Generated"},{"name":"Benzinga Bulls And Bears"},{"name":"Bulls And Bears"},{"name":"Carson Block"},{"name":"Muddy Waters"},{"name":"Stories That Matter"}]},{"id":42148498,"author":"Piero Cingari","created":"Fri, 22 Nov 2024 17:34:36 -0400","updated":"Fri, 22 Nov 2024 17:34:37 -0400","title":"Wall Street Rebounds Without Its AI Darling's Boost, King Dollar Maintains Dominance While Bitcoin Defies Gravity: This Week In The Markets","teaser":"Despite widespread anticipation that NVIDIA Corp. (NASDAQ:NVDA)\u0026#39;s quarterly results would dictate Wall Street\u0026#39;s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling.","body":"\u003cp\u003eDespite widespread anticipation that \u003cstrong\u003eNVIDIA Corp. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e)'s quarterly results would dictate Wall Street's year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence \u003ca href=\"https://www.benzinga.com/quote/NVDA/news\"\u003eof its AI darling.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the semiconductor titan beat analyst expectations on both earnings and revenue for the third quarter, Nvidia's stock remained flat for the week.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlphabet Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOGL#NASDAQ\"\u003eGOOGL\u003c/a\u003e)(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOG#NASDAQ\"\u003eGOOG\u003c/a\u003e), the parent company of Google, faced sharp turbulence. Shares tumbled after the U.S. Department of Justice called for the divestiture of Chrome in a bid to curb Google's dominance in search and digital advertising.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe sell-off wiped out over $120 billion in market capitalization on Thursday alone.\u003c/p\u003e\n\n\n\n\u003cp\u003eA \u003ca href=\"https://www.benzinga.com/tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize\"\u003erecent Benzinga poll indicates\u003c/a\u003e 64% of respondents oppose breaking up Alphabet, with YouTube viewed as the company's most valuable asset.\u003c/p\u003e\n\n\n\n\u003cp\u003eOn the economic front, \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42141413/us-business-activity-soars-to-31-month-highs-in-november-small-caps-rally-dow-tops-44000\"\u003eU.S. private sector activity expanded significantly\u003c/a\u003e in November, as reflected in S\u0026amp;P Global's Purchasing Managers' Index surveys. The services sector, in particular, surged at its fastest pace since March 2022, while price pressures continued to recede, creating less headwinds for the Federal Reserve.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eBitcoin\u0026#8217;s\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) rally shows no signs of cooling, with the cryptocurrency notching its fourth consecutive week of gains and hovering around the \u003ca href=\"https://www.benzinga.com/24/11/42130693/bitcoins-path-to-100k-inevitable-but-leverage-to-the-gills-warns-mike-novogratz-predicts-80k-correction-ahead\"\u003ehistoric $100,000 threshold.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe U.S. dollar also maintained its upward momentum, rising for the eighth straight week to \u003ca href=\"https://www.benzinga.com/news/econ-s/24/11/42138717/dollar-hits-2-year-highs-as-europes-recession-signals-spark-euro-pound-sell-offs\"\u003ereach two-year highs.\u003c/a\u003e This latest rally, however, stemmed largely from external turmoil, as escalating geopolitical tensions between Russia and Ukraine, coupled with worsening economic momentum in Europe, triggered sharp weekly sell-offs in the euro and the British pound.\u003c/p\u003e\n\n\n\n\u003ch1 class=\"wp-block-heading\"\u003e\u003cem\u003e\u003cstrong\u003eYou might have missed…\u003c/strong\u003e\u003c/em\u003e\u003c/h1\u003e\n\n\n\n\u003ch1 class=\"wp-block-heading\"\u003e\u003cstrong\u003eTrump Backs Drilling\u003c/strong\u003e\u003c/h1\u003e\n\n\n\n\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e advocates for increased fossil fuel production with his \u0026#8220;drill, baby, drill\u0026#8221; policy. In contrast, \u003cstrong\u003eElon Musk\u003c/strong\u003e, co-leader of the proposed Department of Government Efficiency (DOGE), envisions a future dominated by solar energy. UBS analysts recommend investors consider renewable energy stocks following their \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42130859/as-trump-backs-drill-baby-drill-his-doge-co-lead-elon-musk-believes-all-energy-generation-will-be-solar-heres-what-ubs-recommends-after-election-dip\"\u003eelection-induced market dip.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch1 class=\"wp-block-heading\"\u003e\u003cstrong\u003eTrump Crypto Clarity\u003c/strong\u003e\u003c/h1\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eCathie Wood\u003c/strong\u003e of Ark Invest anticipates the Trump administration will provide regulatory clarity for Bitcoin and other digital assets, potentially incorporating them into \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42136536/ark-invests-cathie-wood-says-team-trump-would-give-regulatory-clarity-for-bitcoin-and-other-digital-assets-which-they-may-put-in-the-treasurys-strategic-reserve\"\u003ethe Treasury\u0026#8217;s strategic reserve\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003ch1 class=\"wp-block-heading\"\u003e\u003cstrong\u003eGM Eyes F1\u003c/strong\u003e\u003c/h1\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eGeneral Motors\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GM#NYSE\"\u003eGM\u003c/a\u003e) is reportedly preparing to enter Formula One in 2026, potentially partnering with Andretti Autosport. This move would mark GM\u0026#8217;s first foray into F1, aligning with its global \u003ca href=\"https://www.benzinga.com/24/11/42135392/general-motors-gears-up-for-potential-f1-entry-in-2026-report\"\u003emotorsport expansion strategy.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Now:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42137929/2025-us-economy-outlook-cloudier-than-normal-jpmorgan-says-boom-bust-scenarios\"\u003e2025 US Economy Outlook \u0026#8216;Cloudier Than Normal,\u0026#8217; JPMorgan Says: Boom, Bust Scenarios\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Shutterstock\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets","image":"https://cdn.benzinga.com/files/images/story/2024/11/22/Wall-Street--New-York.jpeg","channels":[{"name":"Cryptocurrency"},{"name":"Government"},{"name":"Large Cap"},{"name":"Forex"},{"name":"Global"},{"name":"Top Stories"},{"name":"Economics"},{"name":"Tech"}],"stocks":[{"name":"$BTC"},{"name":"GM"},{"name":"GOOG"},{"name":"GOOGL"},{"name":"NVDA"}],"tags":[{"name":"Consumer Tech"},{"name":"DOJ"},{"name":"Donald Trump"},{"name":"Elon Musk"},{"name":"Expert Ideas"},{"name":"Google"},{"name":"Stories That Matter"},{"name":"week in markets"}]},{"id":42151959,"author":"Erica Kollmann","created":"Sat, 23 Nov 2024 09:00:43 -0400","updated":"Sat, 23 Nov 2024 09:00:43 -0400","title":"Financial Crime Weekly: UPS Pays $45M Fine, BIT Mining Pays $4M Fine For Bribery","teaser":"UPS pays a $45 million fine for misrepresenting its earnings and BIT Mining pays a $4 million fine for bribery of foreign officials. ","body":"\u003ch2 class=\"wp-block-heading\"\u003e\u003cstrong\u003eUPS Pays $45 Million Fine For Improperly Valuing Its Worst-Performing Business\u0026nbsp;\u003c/strong\u003e\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe Securities and Exchange Commission (SEC) announced on Friday that it \u003ca href=\"https://www.sec.gov/newsroom/press-releases/2024-184\"\u003esettled charges\u003c/a\u003e against \u003cstrong\u003eUnited Parcel Service Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/UPS#NYSE\"\u003eUPS\u003c/a\u003e) for materially misrepresenting its earnings because it failed to follow generally accepted accounting principles (GAAP) when valuing one of its worst performing businesses.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SEC found that UPS did not record a goodwill impairment for its UPS Freight business division in 2019. If UPS had properly valued Freight, its earnings and other reported items would have been materially lower, the SEC said.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/11/41949068/bitcoin-could-reach-1-million-by-2037-economist-says-buy-of-a-lifetime-opportunity\"\u003e\u003cstrong\u003eBitcoin Could Reach $1 Million By 2037, Economist Says: \u0026#8216;Buy Of A Lifetime\u0026#8217; Opportunity\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Goodwill balances provide investors with valuable insight into whether companies are successfully operating the businesses they own,\" said \u003cstrong\u003eMelissa Hodgman\u003c/strong\u003e, Associate Director at SEC.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Therefore, it is essential for companies to prepare reliable fair value estimates and impair goodwill when required. UPS fell short of these obligations, repeatedly ignoring its own well-founded sale price estimates for Freight in favor of unreliable third-party valuations,\" Hodgman added.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn addition to the $45 million civil penalty, UPS agreed to cease and desist from further violations of these provisions, adopt training requirements for certain officers, directors, and employees, and retain an independent compliance consultant to review and make recommendations about the company's fair value estimates and disclosure obligations.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003e\u003cstrong\u003eBIT Mining To Pay $4 Million Fine For Bribery\u0026nbsp;\u003c/strong\u003e\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe SEC announced on Monday that \u003cstrong\u003eBIT Mining Ltd. \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/BTCM#NYSE\"\u003eBTCM\u003c/a\u003e), formerly known as \u003cstrong\u003e500.com Limited\u003c/strong\u003e,\u003ca href=\"https://www.sec.gov/newsroom/press-releases/2024-180\"\u003e agreed to pay\u003c/a\u003e a $4 million civil penalty to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) from 2017 to 2019 by conducting a widespread bribery scheme to influence foreign officials, including members of Japan's parliament.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SEC's order finds that the bribery scheme involved illicit payments of approximately $2.5 million in the form of cash bribes, entertainment and trips. The order further finds that the bribes were authorized by a 500.com senior executive in an attempt to establish an integrated resort casino in Japan.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Investors must have confidence that the operations and performance of public companies reflect merit and legitimate considerations. Bribery and corruption turn that dynamic on its head, distorting the orderly operation of the markets and undermining investor confidence,\" said \u003cstrong\u003eCharles E. Cain\u003c/strong\u003e, Chief of the SEC Enforcement Division's FCPA Unit.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, the US Department of Justice announced on the same day that it entered into a deferred prosecution agreement in which BIT Mining agreed to pay a $10 million criminal fine, of which $4 million will be satisfied by the company's payment of a civil penalty to the SEC.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eMore Crime Stories:\u003c/strong\u003e Here are other crime stories covered by \u003cstrong\u003eBenzinga\u003c/strong\u003e this week. \u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/global/24/11/42100433/archegos-capitals-bill-hwang-receives-18-year-sentence-for-fraud-market-manipulation\"\u003eArchegos Capital's Bill Hwang Receives 18 Year Sentence For Fraud, Market Manipulation\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/global/24/11/42101365/indian-billionaire-one-of-the-worlds-richest-men-indicted-for-alleged-250-million-bribery-scheme\"\u003eIndian Billionaire, One Of The World\u0026#8217;s Richest Men, Indicted For Alleged $250 Million Bribery Scheme\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42055570/bitfinex-bitcoin-laundering-case-lands-crocodile-of-wall-street-in-jail\"\u003eBitfinex Bitcoin Laundering Case Lands \u0026#8216;Crocodile Of Wall Street\u0026#8217; In Jail\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage: Gerd Altmann from Pixabay\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/legal/24/11/42151959/financial-crime-weekly-ups-pays-45m-fine-bit-mining-pays-4m-fine-for-bribery","image":"https://cdn.benzinga.com/files/images/story/2024/11/23/stock-exchange-7036661-1280.jpeg","channels":[{"name":"News"},{"name":"Legal"},{"name":"SEC"}],"stocks":[{"name":"BTCM"},{"name":"UPS"}],"tags":[]}],"headerProps":{"quotes":{"QQQ":{"symbol":"QQQ","dxSymbol":"QQQ","exchange":"XNAS","isoExchange":"XNAS","bzExchange":"NASDAQ","otcMarket":"","otcTier":"","type":"ETF","name":"Invesco QQQ Trust, Series 1","companyStandardName":"Invesco QQQ Trust, Series 1","description":"Invesco QQQ Trust, Series 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Devices"},{"tid":25105,"vid":2,"name":"AVGO","description":"Broadcom Ltd"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":28556,"vid":2,"name":"SOXL","description":"Soxl","primary":true},{"tid":28555,"vid":2,"name":"SOXS","description":"Direxion Daily Semiconductor Bear 3X Shares","primary":true}],"title":"Upside For Nvidia Stock Could Set This Semiconductor ETF Soaring To New Highs: A Technical Analysis Of SOXL","updated":"2024-03-13T19:24:20Z","updatedAt":"2024-03-13T19:24:20Z","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/03/37674329/upside-for-nvidia-stock-could-set-this-semiconductor-etf-soaring-to-new-highs-a-technica","sponsored":true}],"latestNewsQuery":{"excludeAutomated":true,"excludeSponsored":true},"newsletter":{"hubspotFormId":"3b3f2236-e87b-4f38-afdd-7f66fcfba9db","subtitle":"The 5-minute newsletter with brief insights on big investment opportunities.","title":"Beat The Market With PreMarket News And Trade Signals"},"parselyPopularStories":[{"id":42115069,"author":"Jeannine Mancini","created":"Thu, 21 Nov 2024 11:15:17 -0400","updated":"Thu, 21 Nov 2024 11:15:18 -0400","title":"Warren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda 'On Sale'","teaser":" ","body":"\u003cp\u003eWarren Buffett is a master of making money – and Coca-Cola is \u003ca href=\"https://www.benzinga.com/startups/24/11/42011977/99-billion-bet-warren-buffett-invests-heavily-in-2-stocks-expected-to-jump-19-and-20-wall-street-analysts-predict\"\u003eone of his biggest cash cows\u003c/a\u003e. In 2024, Berkshire Hathaway, Buffett's investment behemoth, is set to rake in $776 million in Coca-Cola dividends alone.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThis Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/rad-ai-2\"\u003e\u003cstrong\u003e here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before it closes tonight.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eThat's right: $776 million for holding 400 million shares. According to Moneywise, this massive payout comes from Coca-Cola upping its quarterly dividend to 48.5 cents per share. If you're doing the math, that's $0.485 x 4 x 400,000,000. It\u0026#8217;s not a bad haul for simply sitting on a mountain of Coke stock.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett's love for Coca-Cola isn't just financial – it's personal. The 94-year-old billionaire famously drinks five cans daily and gets roughly 25% of his daily calories from the fizzy stuff. In a 2015 Fortune interview, he admitted, \"If I eat 2,700 calories daily, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it every day.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, despite being Coca-Cola's largest shareholder and perhaps its most dedicated fan, Buffett doesn't get his favorite beverage for free. As revealed in the 2017 HBO documentary Becoming Warren Buffett, his wife Astrid even goes out of her way to buy the soda on sale. According to Buffett's daughter, Susie, her dad doesn't have room to stockpile the soda, but her mother bought it in bulk for the best price when she was alive.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: \u003c/strong\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSusie also revealed her famously frugal father's second wife, Astrid, also likes to get a deal. \"Astrid is more likely to try to find out where it's on sale and buy it on sale.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile it may seem like Buffett has been a Coca-Cola lover forever, he once only drank its rival. \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe\"\u003eHis son\u003c/a\u003e, Howard, even called him \"Pepsi Warren.\" He reportedly drank Pepsi for nearly 50 years before switching brands in the 1980s.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett's switch from Pepsi to Coca-Cola reportedly had to do with his neighbor, Don Keough, a coffee salesperson in Omaha in the 1960s. According to Glen Arnold in The Deals of Warren Buffett Volume 2, Buffett once knocked on Keough's door with a pitch: \"If you give me $10,000, I might be able to do something with it.\" Keough wasn't sold. \"I didn't have it, but I could've borrowed it from my father. But can you imagine giving $10,000 to a guy who doesn't get up and go to work in the morning?\" he later said. Keough passed on the offer, which Arnold estimated could've grown to $93 million by 2018.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYears later, Keough climbed the corporate ladder at Coca-Cola, becoming its president and COO in the 1980s. Keough seized the moment when he read in a magazine that Buffett was hooked on Pepsi Cherry. He sent his old neighbor some Cherry Coke samples, calling it the \"\u003ca href=\"https://www.benzinga.com/general/24/02/37240748/warren-buffett-drinks-5-cans-of-coke-per-day-at-93-years-old-but-he-was-a-dedicated-pepsi-drinker-fo\"\u003enectar of the gods\u003c/a\u003e.\" Buffett was hooked. In 1986, he even told Berkshire Hathaway shareholders that Cherry Coke was now the official drink of their annual meeting, cementing his switch – and his eventual investment – in Coca-Cola.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett\u0026#8217;s 400 million shares of Coca-Cola stock represent a massive portion of his investment portfolio, worth over $25 billion at current market prices. But this investment is more than just numbers – it's a perfect example of Buffett's \u003ca href=\"https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved\"\u003elong-term approach to investing\u003c/a\u003e and his connection to the brand, even if he does have to buy it on sale.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eWith over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/rad-ai-2\"\u003e\u003cstrong\u003eBe an early investor with just $1,000 for only $0.50/share today before the offer closes in less than 24 hours\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e!\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"news access"},{"name":"Startups Access"},{"name":"Warren Buffett"}]},{"id":42151809,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 08:00:44 -0400","updated":"Sat, 23 Nov 2024 08:00:45 -0400","title":"Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin: 'May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now'","teaser":"MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin (CRYPTO: BTC) ","body":"\u003cp\u003e\u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) co-founder \u003cstrong\u003eMichael Saylor\u003c/strong\u003e has revealed that the company is minting $500 million a day as \u003cstrong\u003eBitcoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003einches closer to $100,000\u003c/a\u003e for the first time in its history.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic – MicroStrategy's holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn an interview with CNBC, Saylor broke down MicroStrategy's gains, saying, \"We're making $500 million a day. I'm staring at my screen and we're selling dollar bills for $3, sometimes a million times a minute.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eTo put things into perspective, MicroStrategy's stock delivered a whopping 97% gain in the last month, while Bitcoin has gained nearly 47%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors\"\u003eBitcoin Could Reach $180K In Current Cycle Thanks To Trump Victory, Says VanEck, But Has This Warning For Investors\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYear-to-date, MicroStrategy's stock has gained over 515% while Bitcoin prices have increased by 122%.\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia, the AI bellwether and the world's most valuable company by market capitalization, has seen its stock rise by nearly 195% during this period.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"We may very well be the most profitable company in the U.S. growing the fastest right now. There's not many companies making $500 million a day,\" Saylor said.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eJUST IN: Michael Saylor says, \"We are making $500 million a day\" with \u003ca href=\"https://twitter.com/hashtag/Bitcoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Bitcoin\u003c/a\u003e and \"we may very well be the most profitable company in the US growing the fastest right now.\" \u003ca href=\"https://t.co/HeMTnebfXw\"\u003epic.twitter.com/HeMTnebfXw\u003c/a\u003e\u003c/p\u003e\u0026mdash; Simply Bitcoin (@SimplyBitcoinTV) \u003ca href=\"https://twitter.com/SimplyBitcoinTV/status/1859966097782636791?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e The surge in\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42138209/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows\"\u003eMicroStrategy\u0026#8217;s stock\u003c/a\u003e\u0026nbsp;is not just a reflection of Bitcoin\u0026#8217;s rising value but also highlights the company\u0026#8217;s strategic bet on the cryptocurrency.\u003c/p\u003e\n\n\n\n\u003cp\u003eResearch from BitMEX has shown that MicroStrategy is trading at a 256% premium to the net asset value of its Bitcoin holdings, suggesting a significant valuation disparity driven by its aggressive acquisition strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis premium may be influenced by financial regulations that restrict Bitcoin ETF purchases, pushing investors towards MicroStrategy for exposure.\u003c/p\u003e\n\n\n\n\u003cp\u003eFurthermore, Saylor\u0026#8217;s bold prediction that Bitcoin could reach $13 million by 2045 has sparked discussions about the potential economic implications, including\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42116183/michael-saylor-predicted-bitcoin-to-hit-13-million-if-it-happens-it-will-entail-massive-hyperinflation-analyst-warns\"\u003emassive hyperinflation\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis prediction, if realized, would elevate Bitcoin\u0026#8217;s market cap to $250 trillion, dwarfing the current world GDP and global stock markets.\u003c/p\u003e\n\n\n\n\u003cp\u003eAmidst these developments,\u0026nbsp;\u003cstrong\u003eWarren Buffett\u0026#8217;s\u003c/strong\u003e decision to hold $325 billion in cash at\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42137295/as-mstrs-michael-saylor-says-warren-buffett-is-destroying-berkshire-capital-analyst-suggests-overpricedhot-stock-market-could-be-the-reason-oracle-of-omaha-is-sitting-on-325b-cash\"\u003eBerkshire Hathaway\u003c/a\u003e\u0026nbsp;has drawn criticism from Saylor, who argues that not investing in Bitcoin is a missed opportunity.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e At the time of writing, Bitcoin was trading at $98,556, down 0.04% in the last 24 hours, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro data\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Wikimedia\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/24/11/42151809/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin-may-very-well-be-the-most-profitable-company-in-the-us-growing-the-fastest-right-now","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/untitled.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Markets"}],"stocks":[{"name":"$BTC"},{"name":"BTC"},{"name":"MSTR"}],"tags":[{"name":"Bitcoin"},{"name":"Michael Saylor"}]},{"id":42152520,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 12:30:27 -0400","updated":"Sat, 23 Nov 2024 12:30:28 -0400","title":"Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation","teaser":"Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.","body":"\u003cp\u003eLarge holders of \u003cstrong\u003eDogecoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin's biggest investors. \u003c/p\u003e\n\n\n\n\u003cp\u003eBlockchain experts note that such whale movements often signal potential market shifts, as these transactions can precede either price rallies or sell-offs. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe transfers occurred amid a period of relative stability for Dogecoin, trading near $0.056 at the time of the transactions.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/Dogecoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Dogecoin\u003c/a\u003e whales have bought more than 550 million \u003ca href=\"https://twitter.com/search?q=%24DOGE\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$DOGE\u003c/a\u003e over the past week, worth around $214.5 million! \u003ca href=\"https://t.co/0eHqQGL3LO\"\u003epic.twitter.com/0eHqQGL3LO\u003c/a\u003e\u003c/p\u003e\u0026mdash; Ali (@ali_charts) \u003ca href=\"https://twitter.com/ali_charts/status/1859560640869806344?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Historically, Dogecoin's price has been highly susceptible to whale activity, prompting heightened attention from the crypto community.\u003c/p\u003e\n\n\n\n\u003cp\u003eDogecoin, created in 2013 as a joke, has gained significant traction thanks to endorsements from figures like \u003cstrong\u003eElon Musk\u003c/strong\u003e. Despite its origins, the cryptocurrency now ranks among the top digital assets by market capitalization.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe meme coin remains a popular choice for retail investors, although its price volatility has led to mixed opinions among analysts. This latest whale activity underscores the ongoing interest in Dogecoin among major holders, hinting at potential shifts in market sentiment.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/39871566/massive-dogecoin-moves-worth-50-million-each-spotted-on-robinhood\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMassive Dogecoin Moves Worth $50 Million Each Spotted On Robinhood\u003c/a\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Top Stories"},{"name":"Markets"}],"stocks":[{"name":"$DOGE"}],"tags":[{"name":"Doge tokens"},{"name":"dogecoin"},{"name":"whale"}]},{"id":42077935,"author":"Maureen Meehan","created":"Tue, 19 Nov 2024 19:28:00 -0400","updated":"Tue, 19 Nov 2024 19:28:01 -0400","title":"Trump Picks Dr. Oz, Who Says Seniors Should Give Medical Marijuana A Try, To Lead Centers For Medicare And Medicaid Services","teaser":"Trump to nominate TV personality Dr. Oz as administrator Centers for Medicare and Medicaid Services. Oz, known for his TV show, will work with RFK Jr. to take on the illness industrial complex.","body":"\u003cp\u003ePresident-elect Donald J. Trump \u003ca href=\"https://www.benzinga.com/general/health-care/24/11/42077057/trump-picks-dr-oz-as-centers-for-medicare-and-medicaid-services-administrator\"\u003eannounced on Tuesday afternoon\u003c/a\u003e that he will nominate TV personality Dr. \u003cstrong\u003eMehmet Oz\u003c/strong\u003e to serve as the administrator of the Centers for \u003ca href=\"https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMedicare and Medicaid Services (CMS)\u003c/a\u003e. The appointment is among a string of TV hosts — mostly from Fox News — to be chosen to join Trump's cabinet.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn a statement, Trump said the celebrity TV host will \"work closely with Robert F. Kennedy Jr. to take on the illness industrial complex.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThough a household name due to his long-running \u0026#8220;\u003cstrong\u003eThe Dr. Oz Show\u003c/strong\u003e\" (2009-2022), Oz got into politics when he \u003ca href=\"https://www.benzinga.com/markets/cannabis/22/06/27558526/dr-oz-to-face-john-fetterman-in-unprecedented-unpredictable-pa-senate-race-and-cannabis-is-on-th\"\u003eunsuccessfully ran for Senate\u003c/a\u003e against now Sen. \u003cstrong\u003eJohn Fetterman\u003c/strong\u003e (D-Penn.) in 2022, during which time the good doctor seemed to forge an alliance with Trump.\u003c/p\u003e\n\n\n\n\u003cp\u003eAt the time,\u003cstrong\u003e Scientific American\u003c/strong\u003e\u0026nbsp;\u003ca href=\"https://www.scientificamerican.com/article/dr-oz-shouldnt-be-a-senator-or-a-doctor/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewrote \u003c/a\u003eDr. Oz should not\u0026nbsp;be a senator or a doctor, noting that his misinformation had already tarnished medicine and would do much worse in the halls of Congress.\u0026nbsp;\"Dr. Oz\u0026nbsp;has long pushed misleading, science-free and unproven alternative therapies such as homeopathy, as well as fad diets, detoxes and cleanses.\"\u003c/p\u003e\n\n\n\n\u003ch1 class=\"wp-block-heading\"\u003e\u003cstrong\u003eDonald Trump Begs To Differ\u003c/strong\u003e\u003c/h1\u003e\n\n\n\n\u003cp\u003eNews outlets are quick to\u003ca href=\"https://www.axios.com/2024/11/19/trump-dr-oz-cms-cabinet\"\u003e point out\u003c/a\u003e that Dr. Oz has no experience running a large government body like the CMS but that seems to not matter because, according to the President-elect.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;There may be no Physician more qualified and capable than Dr. Oz to Make America Healthy Again,\u0026#8221; Trump said in a statement, referring to the words of \u003ca href=\"https://www.benzinga.com/topic/robert-f-kennedy-jr\"\u003eRobert Kennedy Jr\u003c/a\u003e. who will, if confirmed run the \u003cstrong\u003eDept. of Health and Human Services\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/11/42036132/trump-wants-matt-gaetz-confirmed-100-so-does-the-cannabis-industry\"\u003eTrump Wants Matt Gaetz Confirmed \u0026#8216;100%,\u0026#8217; So Does The Cannabis Industry\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch1 class=\"wp-block-heading\"\u003e\u003cstrong\u003eDr. Oz On Cannabis\u003c/strong\u003e\u003c/h1\u003e\n\n\n\n\u003cp\u003eThe multimillionaire TV host initially called cannabis a \u0026#8220;mixed bag for easing pain.\u0026#8221; But a recent discussion with\u0026nbsp;\u003cstrong\u003eMichael Roizen,\u0026nbsp;\u003c/strong\u003eM.D., of the Wellness Institute at the Cleveland Clinic, Dr. \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/08/40492959/trump-endorsed-dr-oz-on-medical-marijuana-and-pain-give-it-a-try\"\u003eOz said\u003c/a\u003e, \u0026#8220;Our advice: If your physician recommends it to manage pain, especially if you\u0026#8217;re 65 and older, give it a try.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Dr. Oz cautions against cannabis consumption for recreational purposes, he said he believes marijuana for pain represents a \"safer solution than, for example, narcotics in many cases.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eDuring his Senate race, Dr. Oz often criticized Fetterman\u0026#8217;s support for cannabis legalization though several years earlier he himself \u003ca href=\"https://www.marijuanamoment.net/dr-oz-claims-dea-and-fda-blame-each-other-for-keeping-marijuana-illegal/\"\u003ereferred to cannabis\u003c/a\u003e\u0026nbsp;as \"one of the most underused tools in America\" and that the U.S. should\u0026nbsp;\"completely change our policy on marijuana.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eNow Read:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/markets/cannabis/24/11/42069004/how-trumps-election-could-revolutionize-cannabis-and-cryptocurrency-ceo-says\"\u003eHow Trump\u0026#8217;s Election Could Revolutionize Cannabis And Cryptocurrency, CEO Says\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/general/health-care/24/11/42077935/trump-picks-dr-oz-who-says-seniors-should-give-medical-marijuana-a-try-to-lead-centers-for-medicare-and-medicaid-services","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/19/Dr--Oz-weed.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/19/Dr--Oz-weed.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/19/Dr--Oz-weed.jpeg"}],"channels":[{"name":"Cannabis"},{"name":"Government"},{"name":"News"},{"name":"Health Care"},{"name":"Politics"},{"name":"Top Stories"}],"stocks":[],"tags":[{"name":"Centers For Medicare And Medicaid Services"},{"name":"Donald Trump"},{"name":"Dr. Dr. Mehmet Oz"},{"name":"Robert F. Kennedy Jr."}]},{"id":42152058,"author":"Adam Eckert","created":"Sat, 23 Nov 2024 09:30:17 -0400","updated":"Sat, 23 Nov 2024 09:30:18 -0400","title":"Mark Cuban: If You Have To Micromanage, Something Is Probably Broken — 'I Wish Somebody Would Have Told Me To Be Nicer'","teaser":"Billionaire entrepreneur Mark Cuban believes prolonged micromanaging can be a sign something is broken.","body":"\u003cp\u003eBillionaire entrepreneur \u003cstrong\u003eMark Cuban\u003c/strong\u003e believes micromanagement is a \u003ca href=\"https://www.benzinga.com/general/24/02/36955564/the-moment-mark-cuban-knew-he-could-not-work-in-the-corporate-world-his-bank-boss-yelled-at-him-for\"\u003esign that something is broken\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003eOfek Lavian\u003c/strong\u003e, CEO of fintech company\u0026nbsp;\u003cstrong\u003eForage\u003c/strong\u003e, recently posted a thread on\u0026nbsp;\u003ca href=\"https://twitter.com/OfekLavian/status/1766950034581700697\"\u003eX\u003c/a\u003e\u0026nbsp;focused on counterintuitive leadership principles. Cuban responded to the thread, noting that he agreed with everything except for the post on micromanaging.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Pretty darn good list. Agree with all but micromanage,\" Cuban said. \"Micromanage early. Trust the process or fix what's broken if you always have to micromanage.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eCNBC\u0026nbsp;\u003ca href=\"https://www.cnbc.com/2024/03/22/mark-cuban-micromanaging-is-a-toxic-trait-with-one-exception.html\"\u003ereported\u003c/a\u003e\u0026nbsp;Cuban's opinion on micromanaging was formed from personal experience with his former company Broadcast.com.\u003c/p\u003e\n\n\n\n\u003cp\u003eCuban reportedly micromanaged his employees in his early days as he expected them to match his own work ethic. This created a situation in which Cuban was always focused on pushing employees to be better and work faster without thinking about how he was coming off.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"I wish somebody would have told me to be nicer,\u0026#8221; Cuban reportedly said on the \"Bio Eats World\" podcast last year.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eCheck This Out: \u003ca href=\"https://www.benzinga.com/news/24/11/42027001/mark-cuban-swings-1m-to-golf-company-despite-hating-the-sport\"\u003eMark Cuban Swings $1M To Golf Company Despite Hating The Sport\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eCuban's \"go, go, go\" mentality and micromanaging tendencies actually hurt the company in its early stages. Cuban recalled one of his business partners pulling him aside and telling him he was scaring some of the employees with his management style. Still, Cuban sold the company to Yahoo for $5.7 billion in stock in 1999.\u003c/p\u003e\n\n\n\n\u003cp\u003eLavian's post included a link to a video featuring\u0026nbsp;\u003cstrong\u003eShopify Inc\u0026nbsp;\u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SHOP#NYSE\"\u003eSHOP\u003c/a\u003e) co-founder and CEO\u0026nbsp;\u003cstrong\u003eTobi Lütke\u003c/strong\u003e,\u0026nbsp;who argued that the idea of micromanaging is bad is \"the dumbest idea on planet Earth.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eAlthough Cuban disagreed with the take, Lavian responded to Cuban, thanking him for his input.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"I try to hire the right team so I don\u0026#8217;t have to micromanage, but I don\u0026#8217;t always get it right,\" Lavian said.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Once I know I can trust someone to get the little things right, I know they can devote the same level of detail and attention for the big ones that truly matter.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/24/11/42027035/mark-cuban-planned-to-retire-by-age-35-he-says-theres-only-one-reason-he-didnt\"\u003e\u003cstrong\u003eMark Cuban Planned To Retire By Age 35: He Says There\u0026#8217;s Only One Reason He Didn\u0026#8217;t\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis story is part of a series of features on the subject of success, \u003c/em\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/topic/benzinga-inspire\"\u003e\u003cem\u003eBenzinga Inspire\u003c/em\u003e\u003c/a\u003e\u003c/strong\u003e\u003cem\u003e\u003ca href=\"https://www.benzinga.com/topic/benzinga-inspire\"\u003e.\u003c/a\u003e\u003c/em\u003e \u003cem\u003eSome elements of this story were previously reported by Benzinga and it has been updated.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Shutterstock.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/social-media/24/11/42152058/mark-cuban-if-you-have-to-micromanage-something-is-probably-broken-i-wish-somebody-would-have-told-me-to-be-nicer","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Mark-Cuban-Calls-Gary-Gensler-A-Blight-A.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Mark-Cuban-Calls-Gary-Gensler-A-Blight-A.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Mark-Cuban-Calls-Gary-Gensler-A-Blight-A.jpeg"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"General"}],"stocks":[{"name":"SHOP"}],"tags":[{"name":"Benzinga Inspire"},{"name":"CNBC"},{"name":"ICYMI"},{"name":"KeyProj"},{"name":"Mark Cuban"}]},{"id":42109379,"author":"Khyathi Dalal","created":"Thu, 21 Nov 2024 08:52:16 -0400","updated":"Thu, 21 Nov 2024 08:52:17 -0400","title":"SHIB Coin Forming A 'Bull Flag'? This Could Be The Price Target If Shiba Inu Breaks Out","teaser":"Shiba Inu (CRYPTO: SHIB) is gaining bullish momentum as traders eye a potential breakout off the back of Bitcoin hitting a new all-time high.\u0026lt;/","body":"\u003cp\u003e\u003cstrong\u003eShiba Inu\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/shib/usd\"\u003eSHIB\u003c/a\u003e) is gaining bullish momentum as traders eye a potential breakout off the back of Bitcoin hitting a \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42109267/bitcoin-hits-new-all-time-high-above-98000-as-spot-etfs-crack-100-billion-net-asset-value-\"\u003enew all-time high\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Shiba Inu's burn rate has increased by 209%, with 11.6 million SHIB removed from the ecosystem in the past 24 hours, according to Shibburn data.\u003c/p\u003e\n\n\n\n\u003cp\u003eOn-chain analytics platform Bubblemaps uncovered a whale holding 10% of the SHIB supply, currently valued at $2.5 billion (then worth $10,000) across 150 addresses. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe whale \u003ca href=\"https://x.com/bubblemaps/status/1858919223919083798\"\u003eowned\u003c/a\u003e 50% of the SHIB supply at the coin\u0026#8217;s launch in July 2020.\u003c/p\u003e\n\n\n\n\u003cp\u003eCrypto chart analyst Ali Martinez sees Shiba Inu forming a bull flag, which could break the $0.000025 resistance.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/ShibaInu?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#ShibaInu\u003c/a\u003e forms a bull flag, signaling a move to $0.000037 if \u003ca href=\"https://twitter.com/search?q=%24SHIB\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$SHIB\u003c/a\u003e can break past the $0.000025 resistance. \u003ca href=\"https://t.co/PFbTQtfbZb\"\u003epic.twitter.com/PFbTQtfbZb\u003c/a\u003e\u003c/p\u003e\u0026mdash; Ali (@ali_charts) \u003ca href=\"https://twitter.com/ali_charts/status/1859493058330362114?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42069877/shiba-inu-burn-rate-surges-to-938-what-is-going-on\"\u003eShiba Inu Burn Rate Surges To 938%: What Is Going On?\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Martinez \u003ca href=\"https://x.com/ali_charts/status/1859217203771408855\"\u003epointed\u003c/a\u003e to a massive withdrawal of 1.67 trillion SHIB from exchanges, supported by data from Santiment. Historical trends suggest such movements often precede price spikes, as seen during a previous 62% rally. \u003c/p\u003e\n\n\n\n\u003cp\u003eMarketing lead Lucie \u003ca href=\"https://x.com/LucieSHIB/status/1859273817052393954\"\u003enoted\u003c/a\u003e 1.6 trillion SHIB being moved off exchanges in single day. The last time this happened SHIB saw a significant price jump.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile daily active addresses (-9.7%) and large transaction volumes (-71.3%) show minor declines, Shibariumscan data shows daily transactions up from 4.49 million to 4.66 million in 24 hours. \u003c/p\u003e\n\n\n\n\u003cp\u003eTransactions greater than $100,000 are down from 576 to 332 in a single day.\u003c/p\u003e\n\n\n\n\u003cp\u003eMartinez \u003ca href=\"https://x.com/ali_charts/status/1859260160595935735\"\u003econcludes\u003c/a\u003e that a sustained close above $0.000025 could drive a 50% price jump to $0.000037.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42052184/will-shiba-inu-coin-reach-1-cent-by-2025-47-of-benzinga-readers-say\"\u003eWill Shiba Inu Coin Reach 1 Cent By 2025? 47% Of Benzinga Readers Say…\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage: Shutterstock\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42109379/shib-coin-forming-a-bull-flag-this-could-be-the-price-target-if-shiba-inu-breaks-out","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/Shiba-Inu-Shibarium.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/Shiba-Inu-Shibarium.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/Shiba-Inu-Shibarium.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Top Stories"}],"stocks":[{"name":"$SHIB"}],"tags":[{"name":"MemeCoins"}]},{"id":42152947,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 17:00:35 -0400","updated":"Sat, 23 Nov 2024 17:00:36 -0400","title":"Satellite Images Reveal North Korea Reportedly Receiving Illicit Oil from Russia","teaser":"Satellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating UN sanctions.","body":"\u003cp\u003eSatellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating United Nations sanctions that \u003ca href=\"https://www.benzinga.com/news/24/10/41561980/zelensky-sounds-alarm-on-potential-north-korean-involvement-in-ukraine\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erestrict oil sales to North Korea\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese transfers are part of a broader arrangement in which North Korea sends weapons, artillery shells, and even troops to aid Russia\u0026#8217;s war in Ukraine, the BBC \u003ca target=\"_blank\" href=\"https://www.bbc.com/news/articles/cjr4pr0gyyzo\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe oil deliveries, tracked by the UK-based Open Source Centre, are seen as a direct quid pro quo for North Korea\u0026#8217;s military support, with the oil serving to fuel Pyongyang\u0026#8217;s own operations and provide stability amid ongoing sanctions.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to satellite imagery analyzed by UK-based non-profit research group the Open Source Centre and shared exclusively with the BBC, North Korean oil tankers have made 43 trips to Russia\u0026#8217;s Far East, with vessels arriving empty and leaving full.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale\" rel=\"noreferrer noopener\"\u003eWarren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda \u0026#8216;On Sale\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite UN sanctions capping the amount of oil North Korea can receive at 500,000 barrels per year, Russia\u0026#8217;s illicit shipments have far exceeded this limit, with experts estimating more than a million barrels have been supplied since March.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe BBC added that these transfers not only breach UN sanctions but also involve ships that are themselves under sanction, some of which should have been impounded upon entering Russian waters, citing Go Myong-hyun, a senior research fellow at South Korea\u0026#8217;s Institute for National Security Strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe situation marks a new level of contempt for international regulations, as Russia has actively circumvented the UN panel responsible for monitoring such violations, disbanding it through its veto at the Security Council in March.\u003c/p\u003e\n\n\n\n\u003cp\u003eExperts worry this cooperation between two autocratic regimes may lead to even more dangerous collaborations, potentially involving military technology transfers that could further destabilize the region, the BBC adds.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the oil deliveries provide crucial fuel for North Korea\u0026#8217;s military, which relies on oil for its missile launchers and munitions factories, concerns are growing over the potential for more military technology exchanges, particularly in satellite and ballistic missile advancements. \u003c/p\u003e\n\n\n\n\u003cp\u003eBoth the US and South Korea are closely monitoring the evolving ties between Russia and North Korea, with the possibility of these exchanges further threatening global security.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDogecoin Whales Move $214.5M In A Single Day, Sparking Speculation\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152947/satellite-images-reveal-north-korea-reportedly-receiving-illicit-oil-from-russia","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"AI Generated"},{"name":"missile"},{"name":"North Korea"},{"name":"Russia"},{"name":"Ukraine"}]},{"id":42148169,"author":"Franca Quarneti","created":"Fri, 22 Nov 2024 17:22:43 -0400","updated":"Fri, 22 Nov 2024 17:22:43 -0400","title":"Formula 1 Drivers React To Cannabis Smell At Las Vegas Grand Prix: 'Everyone Would Test Positive'","teaser":"Formula 1 drivers, including Franco Colapinto, joke about the strong cannabis scent lingering around the circuit at the Las Vegas Grand Prix.","body":"\u003cp\u003eThe Las Vegas Grand Prix kicked off with an unexpected twist this week at \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/04/38181178/exclusive-fifteen-new-f1-hybrid-cannabis-strains-to-hit-shelves-in-us-for-420-under-new-partners\"\u003eFormula 1\u003c/a\u003e. During the second free practice session, it wasn't the usual track talk about lap times or track conditions being discussed by the drivers. Instead, they were commenting on the pervasive cannabis aroma filling the air around the circuit.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/10/41403643/cannabis-can-be-a-great-tool-in-dealing-with-adversity-says-former-nfl-star-ricky-williams\"\u003eCannabis Can Be A \u0026#8216;Great Tool In Dealing With Adversity,\u0026#8217; Says Former NFL Star Ricky Williams\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe first to bring it up was young Argentine driver \u003cstrong\u003e Colapinto\u003c/strong\u003e. After his media interview following practice, he made a candid observation that quickly went viral.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Yes, there was a smell of weed. If they do a doping test on the drivers now, I think everyone would test positive, I swear,\" Colapinto joked. \u003c/p\u003e\n\n\n\n\u003cp\u003e\"When we all test positive, it'll be a mess,\" the 21-year-old William\u0026#8217;s driver said in a playful tone.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003ciframe loading=\"lazy\" title=\"Insólito comentario de Colapinto: \u0026quot;Sí, había olor a porro\u0026quot; \u0026#x7C; Cadena 3 Argentina\" width=\"500\" height=\"281\" src=\"https://www.youtube.com/embed/Gta2uN9RYpg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen\u003e\u003c/iframe\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eColapinto wasn't alone in noticing the cannabis scent. Red Bull's \u003cstrong\u003eSergio \u0026#8220;Checo\u0026#8221; Pérez\u003c/strong\u003e also weighed in, concerned about the track conditions: \u0026#8220;Practice 1 was a total disaster, the track was very dirty.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.infobae.com/deportes/2024/11/22/habia-olor-a-porro-la-desopilante-revelacion-de-franco-colapinto-tras-sus-primeras-vueltas-en-el-gran-premio-de-las-vegas/\"\u003eAccording \u003c/a\u003eto Infobae, he quickly added: \"What's really noticeable around the whole circuit is the smell of marijuana all night long. I'm a little tired of it, the amount of odor is unbelievable. It's something that all the drivers will surely talk about.\"\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003eCannabis In Las Vegas: What You Need to Know\u003c/h3\u003e\n\n\n\n\u003cp\u003eSince recreational cannabis became legal in Nevada in 2017, adults 21 and over can legally possess up to 2.5 ounces of cannabis flower or 0.25 ounces of THC concentrate, including edibles. \u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, while cannabis use is widespread in the city, public consumption remains off-limits. Smoking or using cannabis in public places is prohibited, with consumption confined to private residences or licensed lounges.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/markets/cannabis/24/08/40558915/will-cannabis-be-a-game-changer-for-athletes-nfls-1m-study-suggests-it-could\"\u003eWill Cannabis Be A Game-Changer For Athletes? NFL\u0026#8217;s $1M Study Suggests It Could\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage created using photos from Shutterstock and Unsplash.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/24/11/42148169/formula-1-drivers-react-to-cannabis-smell-at-las-vegas-grand-prix-everyone-would-test-positive","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Shutterstock-2542649645-1.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Shutterstock-2542649645-1.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Shutterstock-2542649645-1.jpeg"}],"channels":[{"name":"Cannabis"},{"name":"News"},{"name":"Sports"},{"name":"Markets"},{"name":"General"}],"stocks":[],"tags":[{"name":"F1"},{"name":"Formula 1"},{"name":"Franco Colapinto"},{"name":"Las Vegas"},{"name":"Las Vegas Grand Prix"},{"name":"Red Bull Racing"},{"name":"Sergio"},{"name":"sports and cannabis"},{"name":"Williams Racing"}]},{"id":42121903,"author":"Henry Khederian","created":"Thu, 21 Nov 2024 15:42:01 -0400","updated":"Thu, 21 Nov 2024 15:42:02 -0400","title":"Why Litecoin Is Moving","teaser":"Litecoin (CRYPTO: LTC) has surged 8.9% to $89.59 over the past week, benefiting from a wave of positive sentiment sweeping the cryptocurrency market. ","body":"\u003cp\u003e\u003cstrong\u003eLitecoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/ltc/usd\"\u003eLTC\u003c/a\u003e) has surged 8.9% to $89.59 over the past week, benefiting from a wave of positive sentiment sweeping the \u003ca href=\"https://www.benzinga.com/crypto\"\u003ecryptocurrency\u003c/a\u003e market. \u003c/p\u003e\n\n\n\n\u003cp\u003eThis uptick comes as \u003cstrong\u003eBitcoin\u003c/strong\u003e approaches the $100,000 milestone, which has significantly boosted investor confidence across the digital asset landscape.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e \u003cstrong\u003ePolymarket\u003c/strong\u003e bettors are closely watching Bitcoin's trajectory this November, with a \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42114012/bitcoin-price-hitting-100000-in-november-polymarket-traders-speculate-it-might-go-even-higher\"\u003e79% probability of surpassing $100,000\u003c/a\u003e. This bullish outlook on Bitcoin has a cascading effect on altcoins like Litecoin, which often mirrors Bitcoin's market movements. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe anticipation of Bitcoin reaching new heights has attracted substantial institutional interest, further enhancing market optimism.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/news/24/11/42116978/why-bitcoin-cash-is-up-15-this-week\"\u003eWhy Bitcoin Cash Is Up 15% This Week\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, the recent influx of $1.84 billion into U.S. Bitcoin spot ETFs over the past three days underscores growing institutional trust in cryptocurrencies. This surge in ETF inflows not only supports Bitcoin but also provides liquidity that benefits the broader crypto ecosystem, including Litecoin.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs investors seek diversification within the crypto space, Litecoin's reputation as an alternative to Bitcoin may make it an attractive option.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42120005/bitcoin-close-to-100000-could-it-happen-today\"\u003eBitcoin Close To $100,000 — Could It Happen Today?\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/news/24/11/42121903/why-litecoin-is-moving-2","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/matrix-3109378.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/matrix-3109378.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/matrix-3109378.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Markets"}],"stocks":[{"name":"$LTC"}],"tags":[{"name":"why it's moving"}]},{"id":42133073,"author":"Anan Ashraf","created":"Fri, 22 Nov 2024 06:09:42 -0400","updated":"Fri, 22 Nov 2024 06:09:43 -0400","title":"SpaceX CEO Elon Musk Explains How Starship's Engine Design Prevents Chain Failures Unlike Soviet N1 Rocket","teaser":"The Starship\u0026#39;s many engines are isolated from each other, preventing the risk of one engine failure causing failure of all as in the case of the Soviet Union\u0026#39;s N1 rocket, SpaceX CEO Elon Musk said on Thursday.","body":"\u003cp\u003eThe \u003cstrong\u003eStarship\u003c/strong\u003e\u0026#8216;s many engines are isolated from each other, preventing the risk of one engine failure causing failure of all as in the case of the Soviet Union\u0026#8217;s N1 rocket, \u003cstrong\u003eSpaceX\u003c/strong\u003e CEO \u003cstrong\u003eElon Musk\u003c/strong\u003e said on Thursday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e \u0026#8220;If engine failures are isolated from each other and the primary airframe, then more engines \u0026#x2A;increases\u0026#x2A; reliability,\u0026#8221; Musk said in a post on social media platform X. \u0026#8220;The problem with N-1 was that a failure of any engine caused failure of all.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eIf engine failures are isolated from each other and the primary airframe, then more engines \u0026#x2A;increases\u0026#x2A; reliability. \u003cbr\u003e\u003cbr\u003eThe problem with N-1 was that a failure of any engine caused failure of all.\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859667589817041394?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe Starship has often been compared to the Soviet N1 rocket owing to its large number of engines. Musk himself has admitted that the \u003ca href=\"https://www.benzinga.com/news/23/05/32566212/elon-musk-reacts-to-comparison-of-starship-with-doomed-rocket-that-knocked-soviet-union-out-of-moon\"\u003eN1 is the closest comparable rocket to Starship\u003c/a\u003e. However, the Starship has 33 engines on its Super Heavy booster, even more than the 30 engines on the Soviet N1\u0026#8217;s first stage.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAbout N1:\u003c/strong\u003e N1 was aimed at enabling crewed travel to the moon. However, all four attempts to launch failed and the program was suspended in 1974.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Soviets carried out a clandestine launch of the N1 on July 3, 1969, which ended up in a colossal explosion. This effectively knocked out the Soviet Union from the Moon race just days before U.S. astronauts walked on the surface of the moon.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAbout Starship:\u003c/strong\u003e Starship is SpaceX\u0026#8217;s most ambitious launch vehicle aimed at taking humans back to the Moon and Earth\u0026#8217;s neighboring planet Mars. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe company has conducted six test flights of the vehicle thus far but without a payload. The last flight test took place earlier this week and NASA is looking forward to taking humans back to the surface of the Moon after a gap of over 50 years with the help of a \u003ca href=\"https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs\"\u003ecustom version of Starship\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon\"\u003eTesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: SpaceX\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/space/24/11/42133073/spacex-ceo-elon-musk-explains-how-starships-engine-design-prevents-chain-failures-unlike-soviet-n1-rocket","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/SpaceX-Starship-Flight-test.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/SpaceX-Starship-Flight-test.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/SpaceX-Starship-Flight-test.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Markets"},{"name":"Tech"},{"name":"General"}],"stocks":[],"tags":[{"name":"Elon Musk"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]}],"partnerContentDisperseMap":[{"posts":[{"assets":[{"type":"image","title":"Real estate","alt":"Real estate","source":"Real estate. Photo by Jason Dent on Unsplash.","mime":"","primary":true,"attributes":{"fid":"814197","filename":"Real-estate_3.jpeg","filepath":"files/images/story/2024/Real-estate_3.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Kevin Vandenboss","channels":[{"tid":142057,"vid":1,"name":"Real 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Finance"}],"created":"2024-06-28T16:56:13Z","createdAt":"2024-06-28T16:56:13Z","id":39517838,"image":"https://www.benzinga.com/files/images/story/2024/07/01/Angry-Evicted-Couple-Worried-Moving-Hous.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":true,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"post_path":"2024/06/27/couple-in-their-30s-make-850000-a-year-yet-still-feel-behind-ramit-sethi-says-theyll-likely-spend-entire-lives-worrying-about-money","post_id":406640,"post_type":"post","campaign_strategy":"Default"}},"nodeId":39517838,"stocks":[],"storyId":"667d10ce5fa0670001c00caf","tags":[{"tid":932162,"vid":3,"name":"news access"},{"tid":802151,"vid":3,"name":"Partner Content"},{"tid":915857,"vid":3,"name":"Personal Finance Access"}],"teaser":" ","teaserText":" ","tickers":[],"title":"Couple In Their 30s Make $850,000 A Year Yet Still Feel Behind — Ramit Sethi Says They\u0026#39;ll Likely Spend Entire Lives Worrying About Money","updated":"2024-07-01T18:33:06Z","updatedAt":"2024-07-01T18:33:06Z","url":"https://www.benzinga.com/personal-finance/24/06/39517838/couple-in-their-30s-make-850-000-a-year-yet-still-feel-behind-ramit-sethi-says-theyll-likely-spe"}],"queryKey":"","queryValues":[],"title":"Sponsored Content"}],"post":{"id":229472,"title":"Benzinga Home Page","post_type":"page","robots":"","intro":null,"slug":"benzinga-home-page","template":"money","canonical_link":"https://www.benzinga.com/benzinga-home-page","image":null,"taxonomies":[],"parent":[],"meta":{"title":"Actionable Trading Ideas, Real-Time News, Financial Insight","description":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals.","image":null,"author":"Benzinga","authorSlug":"benzinga","postId":229472,"publishedDate":"2024-03-14T09:13:08.000000Z","modifiedDate":"2024-09-20T09:23:20.000000Z","verifiedUserSlug":null,"verifiedBy":null,"editedUserSlug":null,"editedBy":null,"hrefLanguage":"en"},"breadcrumbs":[{"id":229472,"href":"/benzinga-home-page","name":"Benzinga Home Page"}],"blocks":[{"blockName":"acf/news-featured-section","attrs":{"name":"acf/news-featured-section","data":{"news_selection_mode":"query","display_more_featured_news":true,"query_and_options":{"options":{"displayOutput":"full","limit":7},"query":{"channelAndTagQueryOperator":"and"}}},"align":"","mode":"preview"},"innerBlocks":[],"innerHTML":"","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Trident/4.0; .NET CLR 2.0.50727; InfoPath.3; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)","featuredNews":[{"assets":[{"type":"image","title":"Musk's Appointment","alt":"Musk's Appointment","source":"Image via Shutterstock","mime":"","primary":true,"attributes":{"fid":"901253","filename":"Musks-Appointment.jpeg","filepath":"files/images/story/2024/11/23/Musks-Appointment.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Adrian Volenik","body":"\u003cp\u003eElon Musk sparked confusion online yet again – this time with his take on Argentina's new import tax cuts. Recently, Argentina\u0026#8217;s President-elect Javier Milei announced a major policy change to reduce taxes on imports.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAs part of his economic reform plan, Milei wants to make imported goods more affordable. Starting in December, he will raise the tax-free limit on international purchases from $1,000 to $3,000. Personal imports will also get a tariff exemption of up to $400. This move is meant to open up the economy and make things easier for shoppers in Argentina.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eElon Musk seemed to think so. In response to a tweet discussing Milei\u0026#8217;s idea, he expressed his support for the tax cut by simply saying, \u0026#8220;Good move.\u0026#8221;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eGood move \u003ca href=\"https://t.co/lrIevpBU3l\"\u003ehttps://t.co/lrIevpBU3l\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1857698387371397241?ref_src=twsrc%5Etfw\"\u003eNovember 16, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe tweet caught a lot of attention as many people quickly called Musk out for what they saw as mixed signals – supporting a policy in Argentina that seems opposite to the \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs\"\u003eU.S. import tariffs promoted by Donald Trump\u003c/a\u003e, whom Musk has also publicly supported.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor instance, one user tweeted, \u0026#8220;You supported the presidential campaign of the guy advocating for the largest tariff hike in modern U.S. history, lmao.\u0026#8221; Another wrote, \u0026#8220;Import taxes = tariffs. You support cutting them elsewhere and raising them here? Shameful hypocrisy.\u0026#8221; Alex Cole added to the discourse, writing, \u0026#8220;So removing tariffs is a good move and Donald Trump adding tariffs is also a good move? Bizarro world.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: This Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eDifferent Countries, Different Needs?\u003c/h2\u003e\n\n\n\n\u003cp\u003eNot everyone saw it as straight-up hypocrisy. Some X users argued that Musk's take could be valid if viewed in the context of Argentina's economy compared to the U.S.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/24/01/36597688/argentinas-inflation-was-around-200-in-2023-and-it-could-get-worse-in-2024-new-leadership-says-it-wi\"\u003eArgentina is dealing with hyperinflation\u003c/a\u003e and a major recession, so reducing import taxes might be a much-needed lifeline to help people afford basic goods. Dan Victor, a CFA, commented, \u0026#8220;It\u0026#8217;s different for the world\u0026#8217;s largest economy compared to one suffering from a deep recession and hyperinflation.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eAnother user pointed out that different countries might use different tools for different reasons. \u0026#8220;Start by studying comparative economic policy. Then, once you understand that two completely different countries/economies implementing different policies is normal, this should make a little more sense.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile some felt Musk was inconsistent, others believed his opinion could make sense given the drastically different economic situations of Argentina and the United States. The U.S. has a massive, stable economy, whereas Argentina is struggling to stabilize itself amid economic turmoil.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003e‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can invest TODAY for just $0.26/share with a $1000 minimum.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":57,"vid":1,"name":"News"}],"created":"2024-11-23T22:30:16Z","createdAt":"2024-11-23T22:30:16Z","id":42153039,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Musks-Appointment.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":true,"SendToYahooFinance":true,"SendToRobinhood":false,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661834,"post_path":"24/11/42153039/bizarro-world-people-are-really-confused-by-elon-musk-praising-argentinas-javier-milei-slashing-import-taxes","post_type":"post"}},"nodeId":42153039,"stocks":[],"storyId":"67425775b6cb720001aa4ec3","tags":[{"tid":30461,"vid":3,"name":"Elon Musk"},{"tid":932162,"vid":3,"name":"news access"},{"tid":916117,"vid":3,"name":"Startups Access"}],"teaser":" ","teaserText":" ","tickers":[],"title":"\u0026#39;Bizarro World\u0026#39; – People Are Really Confused By Elon Musk Praising Argentina\u0026#39;s Javier Milei Slashing Import Taxes","updated":"2024-11-23T22:30:17Z","updatedAt":"2024-11-23T22:30:17Z","url":"https://www.benzinga.com/24/11/42153039/bizarro-world-people-are-really-confused-by-elon-musk-praising-argentinas-javier-milei-slashing-import-taxes"},{"assets":[{"type":"image","title":"North Korea's Ammo Deliveries To Russia Pose Major Problem For Ukraine","alt":"North Korea's Ammo Deliveries To Russia Pose Major Problem For Ukraine","source":"Image Via Shutterstock","mime":"","primary":true,"attributes":{"fid":"901252","filename":"North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg","filepath":"files/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nabaparna Bhattacharya","body":"\u003cp\u003eSatellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating United Nations sanctions that \u003ca href=\"https://www.benzinga.com/news/24/10/41561980/zelensky-sounds-alarm-on-potential-north-korean-involvement-in-ukraine\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erestrict oil sales to North Korea\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese transfers are part of a broader arrangement in which North Korea sends weapons, artillery shells, and even troops to aid Russia\u0026#8217;s war in Ukraine, the BBC \u003ca target=\"_blank\" href=\"https://www.bbc.com/news/articles/cjr4pr0gyyzo\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe oil deliveries, tracked by the UK-based Open Source Centre, are seen as a direct quid pro quo for North Korea\u0026#8217;s military support, with the oil serving to fuel Pyongyang\u0026#8217;s own operations and provide stability amid ongoing sanctions.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to satellite imagery analyzed by UK-based non-profit research group the Open Source Centre and shared exclusively with the BBC, North Korean oil tankers have made 43 trips to Russia\u0026#8217;s Far East, with vessels arriving empty and leaving full.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale\" rel=\"noreferrer noopener\"\u003eWarren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda \u0026#8216;On Sale\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite UN sanctions capping the amount of oil North Korea can receive at 500,000 barrels per year, Russia\u0026#8217;s illicit shipments have far exceeded this limit, with experts estimating more than a million barrels have been supplied since March.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe BBC added that these transfers not only breach UN sanctions but also involve ships that are themselves under sanction, some of which should have been impounded upon entering Russian waters, citing Go Myong-hyun, a senior research fellow at South Korea\u0026#8217;s Institute for National Security Strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe situation marks a new level of contempt for international regulations, as Russia has actively circumvented the UN panel responsible for monitoring such violations, disbanding it through its veto at the Security Council in March.\u003c/p\u003e\n\n\n\n\u003cp\u003eExperts worry this cooperation between two autocratic regimes may lead to even more dangerous collaborations, potentially involving military technology transfers that could further destabilize the region, the BBC adds.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the oil deliveries provide crucial fuel for North Korea\u0026#8217;s military, which relies on oil for its missile launchers and munitions factories, concerns are growing over the potential for more military technology exchanges, particularly in satellite and ballistic missile advancements. \u003c/p\u003e\n\n\n\n\u003cp\u003eBoth the US and South Korea are closely monitoring the evolving ties between Russia and North Korea, with the possibility of these exchanges further threatening global security.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDogecoin Whales Move $214.5M In A Single Day, Sparking Speculation\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","channels":[{"tid":57,"vid":1,"name":"News"},{"tid":16779,"vid":1,"name":"Politics"},{"tid":2,"vid":1,"name":"Markets"},{"tid":5,"vid":1,"name":"Media"},{"tid":18467,"vid":1,"name":"General"}],"created":"2024-11-23T21:00:35Z","createdAt":"2024-11-23T21:00:35Z","id":42152947,"image":"https://www.benzinga.com/files/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662141,"post_path":"markets/24/11/42152947/satellite-images-reveal-north-korea-reportedly-receiving-illicit-oil-from-russia","post_type":"post"}},"nodeId":42152947,"stocks":[],"storyId":"67424270b6cb720001aa4e79","tags":[{"tid":888492,"vid":3,"name":"AI Generated"},{"tid":917790,"vid":3,"name":"missile"},{"tid":28494,"vid":3,"name":"North Korea"},{"tid":26518,"vid":3,"name":"Russia"},{"tid":40418,"vid":3,"name":"Ukraine"}],"teaser":"Satellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating UN sanctions.","teaserText":"Satellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating UN sanctions.","tickers":[],"title":"Satellite Images Reveal North Korea Reportedly Receiving Illicit Oil from Russia","updated":"2024-11-23T21:00:36Z","updatedAt":"2024-11-23T21:00:36Z","url":"https://www.benzinga.com/markets/24/11/42152947/satellite-images-reveal-north-korea-reportedly-receiving-illicit-oil-from-russia"},{"assets":[{"type":"image","title":"Paris,,France,-,June,16,,2023:,Elon,Musk,,Founder,,Ceo,","alt":"elon musk","source":"","mime":"","primary":true,"attributes":{"fid":"901250","filename":"Paris--France---June-16--2023-Elon-Musk-.jpeg","filepath":"files/images/story/2024/11/23/Paris--France---June-16--2023-Elon-Musk-.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Bibhu Pattnaik","body":"\u003cp\u003e\u003cstrong\u003eElon Musk\u003c/strong\u003e on Saturday shared a cryptic tweet on X, hinting at a significant turning point in human history.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: Musk\u0026nbsp;responded to a post on X by Bojan Tunguz, which referred to an unspecified event as \u0026#8220;one of the major inflection\u0026nbsp;points of human history.\u0026#8221; Musk\u0026#8217;s reply was enigmatic, stating, \u0026#8220;I knew if I brought\u0026nbsp;a sink they would have\u0026nbsp;to let that sink in.\u0026nbsp;How could they not?\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eI knew if I brought a sink they would have to let that sink in. How could they not? \u003ca href=\"https://t.co/voEVBMC7Ht\"\u003ehttps://t.co/voEVBMC7Ht\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860199022121943545?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe Tesla and SpaceX CEO\u0026#8217;s post on X has left his followers intrigued, as they attempt to decipher the meaning behind his cryptic words.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments\"\u003eMusk Tweet Sparks Dogecoin Surge, Fuels Speculation On X Payments\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: Musk is known for his cryptic tweets, which often lead to widespread speculation. His recent tweet, which suggests a significant turning point in human history, has sparked a flurry of theories among his followers.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the exact meaning behind Musk\u0026#8217;s tweet remains unclear, it underscores his reputation as a thought leader in the tech industry, known for pushing boundaries and challenging conventional thinking.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/p\u003e","channels":[{"tid":57,"vid":1,"name":"News"},{"tid":831971,"vid":1,"name":"Social Media","description":"Social Media"},{"tid":138079,"vid":1,"name":"Top Stories"},{"tid":6,"vid":1,"name":"Tech"}],"created":"2024-11-23T20:45:25Z","createdAt":"2024-11-23T20:45:25Z","id":42152918,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Paris--France---June-16--2023-Elon-Musk-.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662172,"post_path":"general/social-media/24/11/42152918/i-knew-if-i-bought-a-sink-what-does-elon-musks-cryptic-tweet-mean","post_type":"post"}},"nodeId":42152918,"stocks":[],"storyId":"67423edab6cb720001aa4e61","tags":[{"tid":30461,"vid":3,"name":"Elon Musk"},{"tid":945578,"vid":3,"name":"Social Media post"},{"tid":17627,"vid":3,"name":"twitter"}],"teaser":"Elon Musk on Saturday shared a cryptic tweet on X, hinting at a significant turning point in human history.","teaserText":"Elon Musk on Saturday shared a cryptic tweet on X, hinting at a significant turning point in human history.","tickers":[],"title":"\u0026#34;I Knew If I Bought a Sink\u0026#34;: What Does Elon Musk\u0026#39;s Cryptic Tweet Mean?","updated":"2024-11-23T20:45:25Z","updatedAt":"2024-11-23T20:45:25Z","url":"https://www.benzinga.com/general/social-media/24/11/42152918/i-knew-if-i-bought-a-sink-what-does-elon-musks-cryptic-tweet-mean"},{"assets":[{"type":"image","title":"trump justice shutter","alt":"Donald Trump DOJ","source":"","mime":"","primary":true,"attributes":{"fid":"901249","filename":"trump-justice-shutter.jpeg","filepath":"files/images/story/2024/11/23/trump-justice-shutter.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Bibhu Pattnaik","body":"\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e is preparing a sweeping plan to reshape the Department of Justice (DOJ) and direct the department to investigate claims that the 2020 election was rigged against him when he \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42027218/could-trumps-housing-plans-reshape-the-real-estate-market\"\u003eassumes office in January\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e According to a report, Trump plans to dismiss Special Counsel \u003cstrong\u003eJack Smith\u003c/strong\u003e and other DOJ employees who investigated allegations of voter fraud in the 2020 election, despite the lack of evidence supporting such claims.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe proposed changes come as Trump continues to challenge the legitimacy of President \u003cstrong\u003eJoe Biden\u003c/strong\u003e's victory. Trump's plans, aimed at targeting investigations into unfounded voter fraud claims, \u003ca href=\"https://www.washingtonpost.com/national-security/2024/11/22/trump-jack-smith-prosecutors-firing-justice-department-investigation/?utm_source=twitter\u0026amp;utm_medium=social\u0026amp;utm_campaign=wp_main\"\u003ereports\u003c/a\u003e The Washington Post.\u003c/p\u003e\n\n\n\n\u003cp\u003eSmith, who has been leading federal investigations into Trump's alleged attempts to overturn the 2020 election and his handling of classified documents, could see his tenure cut short under a second Trump administration. \u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to the report, Smith\u0026nbsp;has already announced that\u0026nbsp;he would resign from the department before Trump begins his second term, ending the election interference and classified documents cases against the president-elect.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump's legal troubles include multiple indictments, with some stemming from Smith's probes.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/24/11/41869001/heres-how-trumps-policies-might-shape-the-markets-future\"\u003eHere\u0026#8217;s How Trump\u0026#8217;s Policies Might Shape The Market\u0026#8217;s Future\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"President Trump campaigned on firing rogue bureaucrats who have engaged in the illegal weaponization of our American justice system, and the American people can expect he will deliver on that promise,\" press secretary \u003cstrong\u003eKaroline Leavitt\u003c/strong\u003e said in a statement.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe former president's proposed DOJ overhaul also involves investigating claims of election fraud that have been repeatedly debunked by courts and bipartisan officials. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Legal experts warn that using the DOJ to pursue baseless allegations risks undermining the department's credibility and its independence. Critics argue such actions could set a dangerous precedent by politicizing federal investigations to serve partisan interests.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump has made challenging the 2020 election results a central theme of his campaign. His rhetoric continues to resonate with supporters, while drawing criticism from opponents and legal scholars.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/40001426/trump-aims-to-make-us-crypto-capital-of-the-planet-well-get-it-done\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTrump Aims To Make US ‘Crypto Capital Of The Planet': ‘We'll Get It Done'\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","channels":[{"tid":57,"vid":1,"name":"News"},{"tid":16779,"vid":1,"name":"Politics"},{"tid":138079,"vid":1,"name":"Top Stories"}],"created":"2024-11-23T20:30:18Z","createdAt":"2024-11-23T20:30:18Z","id":42152895,"image":"https://www.benzinga.com/files/images/story/2024/11/23/trump-justice-shutter.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662119,"post_path":"news/24/11/42152895/trump-plans-doj-overhaul-including-firing-of-jack-smiths-team","post_type":"post"}},"nodeId":42152895,"stocks":[],"storyId":"67423b57b6cb720001aa4e4e","tags":[{"tid":825924,"vid":3,"name":"2024 election"},{"tid":24063,"vid":3,"name":"Department of Justice"},{"tid":18656,"vid":3,"name":"Donald Trump"},{"tid":517811,"vid":3,"name":"Jack Smith"},{"tid":22004,"vid":3,"name":"Joe Biden"}],"teaser":"Trump is preparing a sweeping plan to reshape the DOJ and direct the department to investigate claims that the 2020 election was rigged against him.","teaserText":"Trump is preparing a sweeping plan to reshape the DOJ and direct the department to investigate claims that the 2020 election was rigged against him.","tickers":[],"title":"Trump Plans DOJ Overhaul Including Firing of Jack Smith\u0026#39;s Team","updated":"2024-11-23T20:30:18Z","updatedAt":"2024-11-23T20:30:18Z","url":"https://www.benzinga.com/news/24/11/42152895/trump-plans-doj-overhaul-including-firing-of-jack-smiths-team"},{"assets":[{"type":"image","title":"1024px-President_Trump_Signs_Executive_Orders_on_Transparency_in_Federal_Guidance_and_Enforcement_(48875629527)","alt":"1024px-President_Trump_Signs_Executive_Orders_on_Transparency_in_Federal_Guidance_and_Enforcement_(48875629527)","source":"Wikimedia Commons","mime":"","primary":true,"attributes":{"fid":"901248","filename":"1024px-President-Trump-Signs-Executive-O.jpeg","filepath":"files/images/story/2024/11/23/1024px-President-Trump-Signs-Executive-O.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nabaparna Bhattacharya","body":"\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e has selected \u003cstrong\u003eRussell Vought\u003c/strong\u003e, co-author of the conservative policy agenda Project 2025, as director of the \u003ca target=\"_blank\" href=\"https://www.benzinga.com/news/24/11/42024583/world-bank-worries-over-budget-cuts-after-24b-mishap-trump-win\" rel=\"noreferrer noopener\"\u003eOffice of Management and Budget (OMB) in his second term.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eVought previously served as OMB\u0026#8217;s deputy director during Trump\u0026#8217;s first term. But his influence extends beyond OMB. He wrote the chapter on the Executive Office of the President in Project 2025, a conservative policy framework developed by The Heritage Foundation, The Hill \u003ca href=\"https://thehill.com/homenews/campaign/5005710-trump-picks-project-2025-author-russell-vought-to-lead-budget-office/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;He did an excellent job serving in this role in my First Term \u0026#8211; We cut four Regulations for every new Regulation, and it was a Great Success!\u0026#8221; Trump \u003ca href=\"https://truthsocial.com/@realDonaldTrump/posts/113529338208908362\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewrote\u003c/a\u003e in a post on Truth Social on Friday. \u0026#8220;We will restore fiscal sanity to our Nation.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump praised Vought\u0026#8217;s experience in public policy, describing him as an aggressive cost-cutter and deregulator who would help advance the \u0026#8220;America First\u0026#8221; agenda across federal agencies.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\" rel=\"noreferrer noopener\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe president-elect emphasized Vought\u0026#8217;s knowledge of dismantling the so-called \u0026#8220;Deep State\u0026#8221; and restoring self-governance to the American people, alongside a promise to restore fiscal discipline.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn response to the selection, Vought \u003ca href=\"https://x.com/russvought/status/1860121532758204758?prefetchTimestamp=1732383856583\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eposted\u003c/a\u003e on X, \u0026#8220;There is unfinished business on behalf of the American people, and it\u0026#8217;s an honor of a lifetime to get the call again.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eProject 2025, which includes input from scholars and policy experts, proposes sweeping changes such as reshaping the executive branch and reducing the size and funding of certain government agencies.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Trump previously distanced himself from Project 2025 during his campaign, citing its controversial elements, his decision to appoint Vought as OMB director signals a strong alignment with its conservative priorities. The project has faced significant backlash from Democrats, who argue it threatens American democratic institutions.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/long-ideas/24/11/42152450/benzinga-bulls-and-bears-coinbase-microstrategy-nvidia-e-l-f-beauty-and-dogecoin-millionaire-predicts-2025-meme-kings\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBenzinga Bulls And Bears: Coinbase, MicroStrategy, Nvidia, e.l.f. Beauty \u0026#8211; And Dogecoin Millionaire Predicts 2025 Meme Kings\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Wikimedia Commons\u003c/p\u003e","channels":[{"tid":57,"vid":1,"name":"News"},{"tid":16779,"vid":1,"name":"Politics"},{"tid":2,"vid":1,"name":"Markets"},{"tid":5,"vid":1,"name":"Media"},{"tid":18467,"vid":1,"name":"General"}],"created":"2024-11-23T20:00:27Z","createdAt":"2024-11-23T20:00:27Z","id":42152862,"image":"https://www.benzinga.com/files/images/story/2024/11/23/1024px-President-Trump-Signs-Executive-O.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662164,"post_path":"markets/24/11/42152862/trump-picks-project-2025-co-author-russell-vought-for-omb","post_type":"post"}},"nodeId":42152862,"stocks":[],"storyId":"67423450b6cb720001aa4e2b","tags":[{"tid":927596,"vid":3,"name":"2024 elecction"},{"tid":888492,"vid":3,"name":"AI Generated"},{"tid":945577,"vid":3,"name":"Budget Office"},{"tid":685366,"vid":3,"name":"Conservative"},{"tid":18656,"vid":3,"name":"Donald Trump"},{"tid":907439,"vid":3,"name":"Project 2025"},{"tid":945576,"vid":3,"name":"Russel Vought"}],"teaser":"Trump strengthens his alignment with conservative priorities by appointing Project 2025 co-author Russell Vought as OMB director.","teaserText":"Trump strengthens his alignment with conservative priorities by appointing Project 2025 co-author Russell Vought as OMB director.","tickers":[],"title":"Trump Picks Project 2025 Co-Author Russell Vought for OMB","updated":"2024-11-23T20:00:28Z","updatedAt":"2024-11-23T20:00:28Z","url":"https://www.benzinga.com/markets/24/11/42152862/trump-picks-project-2025-co-author-russell-vought-for-omb"},{"assets":[{"type":"image","title":"Gavin Newsom California Flag","alt":"image credits: Gage Skidmore on Wikimedia Commons and Artem Furman on Shutterstock","source":"image credits: Gage Skidmore on Wikimedia Commons and Artem Furman on Shutterstock","mime":"","primary":true,"attributes":{"fid":"901247","filename":"Gavin-Newsom-California-Flag.jpeg","filepath":"files/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nabaparna Bhattacharya","body":"\u003cp\u003eGov. \u003cstrong\u003eGavin Newsom\u003c/strong\u003e (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/10/41547103/new-rules-old-challenges-californias-cannabis-industry-grapples-with-regulations\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eregional economic growth across the state\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe blueprint focuses on building a sustainable economy by directing investments into ten key industry sectors, with a focus on innovation, sustainable growth, and access to good-paying jobs, per a \u003ca href=\"https://www.gov.ca.gov/2024/11/21/regional-economic-development-plans/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erelease\u003c/a\u003e on the Governor\u0026#8217;s official website.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe full plan will be released early next year, alongside $120 million in funding to support job-creating projects over the next three years.\u003c/p\u003e\n\n\n\n\u003cp\u003eSpeaking in Fresno alongside community leaders and business owners from the Central San Joaquin region, Newsom said that this bottom-up approach, developed through extensive community input, would help shape the future of California\u0026#8217;s economy.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals\" rel=\"noreferrer noopener\"\u003eTesla Cybertruck Part Of Donald Trump\u0026#8217;s Motorcade, Will Vehicle Land Government Deals?\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;From agriculture to clean energy to manufacturing and everything in between, these blueprints will foster growth and expansion throughout every community of California,\u0026#8221; Newsom said.\u003c/p\u003e\n\n\n\n\u003cp\u003eMore 10,000 local residents and experts participated in identifying priority sectors that will drive regional economies.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe framework categorizes California\u0026#8217;s economy into four key segments:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eStrengthen (established sectors with leveling growth)\u003c/li\u003e\n\n\n\n\u003cli\u003eAccelerate (growing sectors poised for expansion with strategic investments)\u003c/li\u003e\n\n\n\n\u003cli\u003eBet (emerging sectors with high investment potential), and\u003c/li\u003e\n\n\n\n\u003cli\u003eAnchor (foundational sectors that support broader industry and community activities). \u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAccording to Newsom, this approach will ensure that both current and future industries provide good, well-paying jobs for Californians, particularly in underserved communities.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs part of the California Jobs First initiative, the blueprint also emphasizes workforce development. Through this effort, California is focusing on ensuring its workforce is well-prepared to meet the specific needs of priority industries.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe state has also invested heavily in training programs, with over $4 billion in state funding directed towards workforce development, apprenticeship, and education initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eNewsom\u0026#8217;s plan builds on previous efforts, such as the Community Economic Resilience Fund (CERF) and the Regional Investment Initiative, which collectively aim to create high-quality, accessible jobs across all 13 of California\u0026#8217;s regions.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","channels":[{"tid":16779,"vid":1,"name":"Politics"}],"created":"2024-11-23T19:45:18Z","createdAt":"2024-11-23T19:45:18Z","id":42152840,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662191,"post_path":"politics/24/11/42152840/newsom-unveils-economic-blueprint-to-ignite-job-growth-sees-expansion-throughout-every-community-of-california","post_type":"post"}},"nodeId":42152840,"stocks":[],"storyId":"674230cbb6cb720001aa4e19","tags":[],"teaser":"Gov. Gavin Newsom (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and regional economic growth across the state.","teaserText":"Gov. Gavin Newsom (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and regional economic growth across the state.","tickers":[],"title":"Newsom Unveils Economic Blueprint To Ignite Job Growth, Sees \u0026#39;Expansion Throughout Every Community of California\u0026#39;","updated":"2024-11-23T19:45:19Z","updatedAt":"2024-11-23T19:45:19Z","url":"https://www.benzinga.com/politics/24/11/42152840/newsom-unveils-economic-blueprint-to-ignite-job-growth-sees-expansion-throughout-every-community-of-california"},{"assets":[{"type":"image","title":"Jeffrey Epstein","alt":"Jeffrey Epstein","source":"Image Via Wikimedia Commons","mime":"","primary":true,"attributes":{"fid":"901246","filename":"Jeffrey-Epstein.png","filepath":"files/images/story/2024/11/23/Jeffrey-Epstein.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Bibhu Pattnaik","body":"\u003cp\u003eBillionaire \u003cstrong\u003eElon Musk\u003c/strong\u003e on Saturday shared a post on X which said \u0026#8220;The people want the Diddy \u0026amp; Epstein Files.\u0026#8221; Later he shared his perspective by saying \u0026#8220;Yes\u0026#8221; on the post.\u003c/p\u003e\n\n\n\n\u003cp\u003eLast month, President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e stated that he would be open to releasing additional files concerning convicted sex trafficker \u003cstrong\u003eJeffrey Epstein\u003c/strong\u003e if he were to return to the White House.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"qst\" dir=\"ltr\"\u003eYes. \u003ca href=\"https://t.co/8PEeBHCNod\"\u003ehttps://t.co/8PEeBHCNod\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860202873218564568?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThis is not the first time Musk has raised his concern around this issue. Last year Musk raised the question on Twitter, asking why the\u0026nbsp;Department of Justice\u0026nbsp;had not leaked\u0026nbsp;Epstein and \u003cstrong\u003eGhislaine Maxwell\u003c/strong\u003e\u0026#8216;s list of clients and why the media didn\u0026#8217;t seem to care to look into the clients\u0026#8217; identities.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eOnly thing more remarkable than DOJ not leaking the list is that no one in the media cares. Doesn't that seem odd? \u003ca href=\"https://t.co/JEK4TErABB\"\u003epic.twitter.com/JEK4TErABB\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1533161114586042369?ref_src=twsrc%5Etfw\"\u003eJune 4, 2022\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eEarlier this year, \u003cstrong\u003eMark Epstein\u003c/strong\u003e, the younger brother of disgraced financier Epstein, has alleged that his brother possessed information that could have influenced elections involving Trump and the Clintons.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/news/24/10/41220104/elon-musk-says-billionaires-supporting-kamala-harris-are-scared-epstein-list-will-be-made-public-if\"\u003eElon Musk Says Billionaires Supporting Kamala Harris Are Scared Epstein List Will Be Made Public If Trump Returns To Power\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eA Manhattan court has released a list of people connected to Jeffrey Epstein, which has raised eyebrows and intensified speculation. Some of the 187 individuals previously only identified as \"J Doe\" in court papers have been identified, but other names reportedly remained sealed, including those of underage victims.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk's remarks have sparked mixed reactions, with some praising his call for justice and others questioning his involvement in such discussions. Known for engaging with hot-button topics, Musk often uses his platform to address societal and legal issues.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn December 2021, Maxwell was found\u0026nbsp;\u003ca href=\"https://www.dailywire.com/news/ghislaine-maxwell-jeffrey-epsteins-former-girlfriend-found-guilty-in-sex-abuse-trial\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eguilty\u003c/a\u003e\u003ca href=\"https://www.benzinga.com/news/21/12/24823587/epstein-associate-ghislaine-maxwell-found-guilty-of-5-charges-in-sex-trafficking-case\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u0026nbsp;of helping to recruit teenage girls\u003c/a\u003e\u0026nbsp;for\u0026nbsp;Epstein, who\u0026nbsp;died in August 2019.\u003c/p\u003e\n\n\n\n\u003cp\u003eMaxwell, known as\u0026nbsp;\u0026#8220;Inmate 02879-509\u0026#8221; while incarcerated,\u0026nbsp;is currently serving her sentence at the Federal Correctional Institution\u0026nbsp;in Tallahassee, Florida.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003e\u003ca href=\"https://www.benzinga.com/general/entertainment/22/05/27458121/heres-elon-musks-piece-of-advice-for-ex-girlfriend-amber-heard\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eElon Musk Gives This Piece Of Advice To Ex-Girlfriend Amber Heard And Johnny Depp\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":57,"vid":1,"name":"News"},{"tid":831971,"vid":1,"name":"Social Media","description":"Social Media"},{"tid":138079,"vid":1,"name":"Top Stories"}],"created":"2024-11-23T19:30:17Z","createdAt":"2024-11-23T19:30:17Z","id":42152805,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Jeffrey-Epstein.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662092,"post_path":"general/social-media/24/11/42152805/elon-musk-agrees-that-people-want-to-see-jeffrey-epstein-files","post_type":"post"}},"nodeId":42152805,"stocks":[],"storyId":"67422d46b6cb720001aa4e02","tags":[{"tid":759143,"vid":3,"name":"Diddy"},{"tid":18656,"vid":3,"name":"Donald Trump"},{"tid":30461,"vid":3,"name":"Elon Musk"},{"tid":774493,"vid":3,"name":"Ghislaine Maxwell"},{"tid":751133,"vid":3,"name":"Jeffrey Epstein"}],"teaser":"Billionaire Elon Musk on Saturday shared a post on X which said \u0026#34;The people want the Diddy \u0026amp; Epstein Files.\u0026#34; Later he shared his perspective by saying \u0026#34;Yes\u0026#34; on the post.","teaserText":"Billionaire Elon Musk on Saturday shared a post on X which said \u0026#34;The people want the Diddy \u0026amp; Epstein Files.\u0026#34; Later he shared his perspective by saying \u0026#34;Yes\u0026#34; on the post.","tickers":[],"title":"Elon Musk Agrees That People Want To See Jeffrey Epstein Files","updated":"2024-11-23T19:30:18Z","updatedAt":"2024-11-23T19:30:18Z","url":"https://www.benzinga.com/general/social-media/24/11/42152805/elon-musk-agrees-that-people-want-to-see-jeffrey-epstein-files"}],"type":"default"},{"blockName":"acf/quicklinks","attrs":{"name":"acf/quicklinks","data":{"title":"Quick links","quicklinks":[{"name":"$DOGE","taxonomy":"tickers","path":"/quote/$doge/news"},{"name":"MSTR","taxonomy":"tickers","path":"/quote/mstr/news"},{"name":"SMCI","taxonomy":"tickers","path":"/quote/smci/news"},{"name":"Economics","taxonomy":"channels","url_public":"economics","path":"/economics"},{"name":"Elon Musk","taxonomy":"entities","url_public":"topic/elon-musk","path":"/topic/elon-musk"},{"name":"Michael Saylor","taxonomy":"entities","url_public":"topic/michael-saylor","path":"/topic/michael-saylor"}]},"align":"","mode":"edit"},"innerBlocks":[],"innerHTML":"","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Trident/4.0; .NET CLR 2.0.50727; InfoPath.3; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)","type":"default"},{"blockName":"acf/news-list-group","attrs":{"name":"acf/news-list-group","data":{"groups":[{"title":"Top Stories","title_case":false,"link":"","style":"","type":"parsely_news_list","loadMoreButton":true,"showSponsoredContent":false,"query_and_options":{"query":{"channelAndTagQueryOperator":"and"}},"query":{"channelAndTagQueryOperator":"and"},"parsely_query":{"limit":"50","section":"News","author":"","tag":""},"loadMoreDevice":"all","reachContent":{"placementIndex":3,"repeatIndex":5,"preload":true},"nodes":[{"id":42115069,"author":"Jeannine Mancini","created":"Thu, 21 Nov 2024 11:15:17 -0400","updated":"Thu, 21 Nov 2024 11:15:18 -0400","title":"Warren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda 'On Sale'","teaser":" ","body":"\u003cp\u003eWarren Buffett is a master of making money – and Coca-Cola is \u003ca href=\"https://www.benzinga.com/startups/24/11/42011977/99-billion-bet-warren-buffett-invests-heavily-in-2-stocks-expected-to-jump-19-and-20-wall-street-analysts-predict\"\u003eone of his biggest cash cows\u003c/a\u003e. In 2024, Berkshire Hathaway, Buffett's investment behemoth, is set to rake in $776 million in Coca-Cola dividends alone.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThis Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/rad-ai-2\"\u003e\u003cstrong\u003e here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before it closes tonight.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eThat's right: $776 million for holding 400 million shares. According to Moneywise, this massive payout comes from Coca-Cola upping its quarterly dividend to 48.5 cents per share. If you're doing the math, that's $0.485 x 4 x 400,000,000. It\u0026#8217;s not a bad haul for simply sitting on a mountain of Coke stock.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett's love for Coca-Cola isn't just financial – it's personal. The 94-year-old billionaire famously drinks five cans daily and gets roughly 25% of his daily calories from the fizzy stuff. In a 2015 Fortune interview, he admitted, \"If I eat 2,700 calories daily, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it every day.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, despite being Coca-Cola's largest shareholder and perhaps its most dedicated fan, Buffett doesn't get his favorite beverage for free. As revealed in the 2017 HBO documentary Becoming Warren Buffett, his wife Astrid even goes out of her way to buy the soda on sale. According to Buffett's daughter, Susie, her dad doesn't have room to stockpile the soda, but her mother bought it in bulk for the best price when she was alive.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: \u003c/strong\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSusie also revealed her famously frugal father's second wife, Astrid, also likes to get a deal. \"Astrid is more likely to try to find out where it's on sale and buy it on sale.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile it may seem like Buffett has been a Coca-Cola lover forever, he once only drank its rival. \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe\"\u003eHis son\u003c/a\u003e, Howard, even called him \"Pepsi Warren.\" He reportedly drank Pepsi for nearly 50 years before switching brands in the 1980s.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett's switch from Pepsi to Coca-Cola reportedly had to do with his neighbor, Don Keough, a coffee salesperson in Omaha in the 1960s. According to Glen Arnold in The Deals of Warren Buffett Volume 2, Buffett once knocked on Keough's door with a pitch: \"If you give me $10,000, I might be able to do something with it.\" Keough wasn't sold. \"I didn't have it, but I could've borrowed it from my father. But can you imagine giving $10,000 to a guy who doesn't get up and go to work in the morning?\" he later said. Keough passed on the offer, which Arnold estimated could've grown to $93 million by 2018.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYears later, Keough climbed the corporate ladder at Coca-Cola, becoming its president and COO in the 1980s. Keough seized the moment when he read in a magazine that Buffett was hooked on Pepsi Cherry. He sent his old neighbor some Cherry Coke samples, calling it the \"\u003ca href=\"https://www.benzinga.com/general/24/02/37240748/warren-buffett-drinks-5-cans-of-coke-per-day-at-93-years-old-but-he-was-a-dedicated-pepsi-drinker-fo\"\u003enectar of the gods\u003c/a\u003e.\" Buffett was hooked. In 1986, he even told Berkshire Hathaway shareholders that Cherry Coke was now the official drink of their annual meeting, cementing his switch – and his eventual investment – in Coca-Cola.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuffett\u0026#8217;s 400 million shares of Coca-Cola stock represent a massive portion of his investment portfolio, worth over $25 billion at current market prices. But this investment is more than just numbers – it's a perfect example of Buffett's \u003ca href=\"https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved\"\u003elong-term approach to investing\u003c/a\u003e and his connection to the brand, even if he does have to buy it on sale.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eWith over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/rad-ai-2\"\u003e\u003cstrong\u003eBe an early investor with just $1,000 for only $0.50/share today before the offer closes in less than 24 hours\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e!\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/Why-It-Matters_0.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"news access"},{"name":"Startups Access"},{"name":"Warren Buffett"}]},{"id":42118033,"author":"Jeannine Mancini","created":"Thu, 21 Nov 2024 12:49:44 -0400","updated":"Sat, 23 Nov 2024 14:34:33 -0400","title":"NBA Legend Shaq Put His Mom and Dad On Payroll When He Made It Big In Basketball – 'Now You Making Half A Million A Year'","teaser":" ","body":"\u003cp\u003eWhen \u003ca href=\"https://www.benzinga.com/personal-finance/24/09/40922368/excuse-me-you-want-to-check-my-credit-nba-legend-shaq-shares-he-felt-disrespected-when-trying-to\"\u003eShaquille O'Neal\u003c/a\u003e got drafted in 1992, he didn't just sign a basketball contract; he essentially handed his parents a life-changing upgrade.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eRaised by \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41337452/nba-legend-shaq-was-raised-by-teen-mom-who-fueled-his-success-cant-outplay-me-because-if-you-are\"\u003eparents who instilled discipline\u003c/a\u003e and a strong work ethic, Shaq didn't forget where he came from – or the sacrifices his family made to get him to the top. But instead of writing them a one-time check, Shaq had a better idea: he put them on the payroll. Yes, he turned \"family support\" into a literal job title with serious perks.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/advisor-adv-warren-buffett\"\u003e\u003cstrong\u003eWarren Buffett Flipped His Neighbor's $67,000 Life Savings Into A $50 Million Fortune — This Would Be Worth Over $500 Million Today\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCan you guess how many Americans successfully retire with $1,000,000 saved?\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/1milsaved\"\u003e\u003cstrong\u003e The percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eDuring a 2022 interview on Drink Champs, Shaq explained how he started managing his finances after reading The Dummies' Guide to Starting Your Own Business. That book didn't just teach him about incorporating himself as a business – it shaped his financial playbook. He made moves as soon as the ink dried on his first NBA contract.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"The first thing I did was incorporate ‘Shaq,' and then I put my mom on salary and put my dad on salary,\" Shaq shared. His stepfather, Phillip Harrison, a military veteran earning $60,000 a year, got a raise that would make anyone emotional. \"I asked him, ‘How much you make in the Army?' He said, ‘I only make $60,000.' [I told him], ‘Now you making half a million a year.' He started crying.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eAnd Shaq didn't stop there. He asked his mom how much she wanted to make and, in classic Shaq fashion, gave her a hefty $750,000 salary.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: \u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eBut Shaq wasn't just handing out big checks without a plan. He emphasized teaching his parents how to manage their new responsibilities. \"I also had to teach them the business,\" he said. By putting his parents on payroll and teaching them how it all worked, he turned what could've been a financial free-for-all into a sustainable family structure.\u003c/p\u003e\n\n\n\n\u003cp\u003eShaq credits much of his financial savvy to self-education. \"I learned about business not from college, but from a book,\" he explained, urging others to take control of their learning. \"Whatever you want to do, educate yourself.\" Reflecting on how far access to information has come, he added, \"If I was 14 or 15 now, I'd be a genius because information is so available now.\" He's right – today, anyone can tap into a world of resources through the internet, YouTube tutorials and forums.\u003c/p\u003e\n\n\n\n\u003cp\u003ePutting his parents on the payroll wasn't just about \u003ca href=\"https://www.benzinga.com/personal-finance/24/11/41869301/shaqs-got-a-500-million-fortune-but-his-kids-arent-getting-a-dime-without-earning-it-you-need-3-degrees-to-touch-daddys-cheese\"\u003esharing his wealth\u003c/a\u003e but about teaching them responsibility and business skills. Shaq made it clear that their new roles came with expectations. \"I also had to teach them the business,\" he said. They weren't just handed checks; they became real employees with structured salaries.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending:\u003c/strong\u003e\u003cstrong\u003e\u003cem\u003e \u003c/em\u003e\u003c/strong\u003e\u003cstrong\u003eThe global games market is projected to generate $272B by the end of the year —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/gameflip\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003efor $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThis thoughtful setup not only empowered his parents but also had financial benefits. As one of the hosts pointed out, \"Instead of giving it to the IRS, you're giving it to your family and you can write it off.\" It was a win-win, highlighting Shaq's practical, forward-thinking approach to money.\u003c/p\u003e\n\n\n\n\u003cp\u003eO'Neal's story highlights a valuable lesson: wealth isn't just about making money; it's about managing it wisely and bringing others along for the ride. From incorporating his brand to employing his family, Shaq's approach is a master class in turning success into a legacy.\u003c/p\u003e\n\n\n\n\u003cp\u003eShaq's savvy business moves – like owning restaurants and investments in Vegas – have made him one of the \u003ca href=\"https://www.benzinga.com/personal-finance/24/08/40658562/nba-legend-shaq-tells-his-kids-in-order-to-get-my-cheese-you-have-to-present-me-with-two-degrees\"\u003ewealthiest athletes in history\u003c/a\u003e. But at the heart of it all? A guy who just wanted to make his parents proud.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eStudies show 50% of consumers think Financial Advisors cost much more than they do —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/money-pickle\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eto debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42118033/nba-legend-shaq-put-his-mom-and-dad-on-payroll-when-he-made-it-big-in-basketball-now-you-making-half-a-million-a-year","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Shaquille-ONeal-On-Chris-Dudley.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Shaquille-ONeal-On-Chris-Dudley.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Shaquille-ONeal-On-Chris-Dudley.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"news access"},{"name":"Personal Finance Access"},{"name":"Shaquille O'Neal"}]},{"id":42144671,"author":"Jeannine Mancini","created":"Fri, 22 Nov 2024 14:15:00 -0400","updated":"Sat, 23 Nov 2024 14:34:54 -0400","title":"Warren Buffett Thinks Bill Gates Is 'Smart As Hell' – But Says His Ex-Wife Melinda Is Smarter 'In Terms Of Seeing The Whole Picture'","teaser":" ","body":"\u003cp\u003eIt was big news earlier this year when Warren Buffett revealed he's no longer planning to leave his vast fortune to the Gates Foundation after his death. Instead, his billions will go to a trust \u003ca href=\"https://www.benzinga.com/startups/24/11/41866296/with-warren-buffett-donating-99-of-his-fortune-whats-left-for-his-three-children-well-its-complicated\"\u003emanaged by his three children\u003c/a\u003e. For a man who once described \u003ca href=\"https://www.benzinga.com/personal-finance/24/11/41882910/bill-gates-shares-the-best-investment-for-getting-rich-if-youre-earning-100000-or-less-but-wall-street-might-not-agree\"\u003eBill and Melinda Gates\u003c/a\u003e as \"the perfect solution\" for dispersing his wealth, this marked a seismic shift in philanthropy.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCan you guess how many Americans successfully retire with $1,000,000 saved?\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/1milsaved\"\u003e\u003cstrong\u003e The percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/cd-valet-growth\"\u003e\u003cstrong\u003eCD Popularity Soars: Over 50 Million Americans Embrace Safe Savings with 5–10% Annual Growth\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eIn a 2008 Fortune profile, Buffett was clear in his admiration for Melinda, saying, \"He's [Bill] smart as hell. But in terms of seeing the whole picture, she's smarter.\" He also referred to her as a \"longtime friend.\" Buffett continued praising Melinda, saying, \"I very much admire what she is doing for women around here and around the world.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eOnly weeks after the Gateses announced their divorce, Buffett resigned as a trustee of the foundation. As reported by The New York Times in a 2021 article, Buffett released a statement saying: \"For years I have been a trustee – an inactive trustee at that – of only one recipient of my funds, the Bill and Melinda Gates Foundation. I am now resigning from that post, just as I have done at all corporate boards other than Berkshire's.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eWarren Buffett may think Bill Gates is \"smart as hell,\" but even he admitted in his Fortune profile, \"Would I have given the Gates Foundation my fortune if Melinda weren't in the picture? That's a great question. And the answer is, I'm not sure.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eSee Also: \u003c/em\u003e\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/advisor-adv-warren-buffett\"\u003e\u003cstrong\u003e\u003cem\u003eWarren Buffett Flipped His Neighbor's $67,000 Life Savings Into A $50 Million Fortune — This Would Be Worth Over $500 Million Today\u003c/em\u003e\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Buffett connection looms large in the October 2024 Vanity Fair interview, where Melinda discusses her life after divorce, the challenges of being a woman in philanthropy and her legacy. In classic Melinda style, she doesn't shy away from tough truths. She noted her decades of joint philanthropic work with Bill: \"If I went into a president or prime minister's office and I was with my ex-husband, they would turn to him first. Unless I interrupted the conversation, they could have kept going for the whole meeting.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThis wasn't just frustrating – it was telling. \"Why would they assume I knew less than him about philanthropy when we had been doing it together for almost 25 years?\" she asked. \"That, really, was sexism.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eHer willingness to call out these dynamics – and challenge them – is part of what makes her so effective. Melinda's journey from Microsoft marketing manager to one of the most powerful women in philanthropy hasn't been without its share of roadblocks. As she told Vanity Fair, during the early years of the foundation, she didn't understand the major role that gender played. She added, \"But things just kept coming up for women – contraceptives or their health or what they wanted – that it started to make me realize we were making a mistake.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: Studies show 50% of consumers think Financial Advisors cost much more than they do —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/money-pickle\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eto debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eIt's this insight that shaped the Gates Foundation's focus on global health and education, with a specific lens on empowering women and girls. From ensuring access to contraceptives to fighting preventable diseases, Melinda's fingerprints are all over the foundation's most impactful initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eBut what happens when Buffett's billions are no longer \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe\"\u003eflowing to the foundation\u003c/a\u003e? That's a question no one seems to have a clear answer for yet. Melinda, for her part, seems more than ready to \u003ca href=\"https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved\"\u003eembrace the challenge\u003c/a\u003e as she continues to carve out her own space in the philanthropic world.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/are-you-rich\"\u003e\u003cstrong\u003eAre you rich?\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e Here\u0026#8217;s what Americans think you need to be considered wealthy.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCan you guess how many retire with a $5,000,000 nest egg? \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/5mil-nest-egg-adv\"\u003e\u003cstrong\u003eThe percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage via Wikimedia Commons/ Flickr\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42144671/warren-buffett-thinks-bill-gates-is-smart-as-hell-but-says-his-ex-wife-melinda-is-smarter-in-terms-of-seeing-the-whole-picture","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"Bill Gates"},{"name":"news access"},{"name":"Personal Finance Access"},{"name":"Warren Buffett"}]},{"id":42131413,"author":"Pooja Rajkumari","created":"Fri, 22 Nov 2024 02:57:28 -0400","updated":"Fri, 22 Nov 2024 02:57:29 -0400","title":"GOP Megadonor Ken Griffin Is 'Open To The Possibility' Of Selling Minority Stake In Citadel","teaser":"When considering potential partners, Griffin seeks firms similar to Sequoia that can enhance Citadel\u0026#39;s business operations.","body":"\u003cp\u003eThe billionaire Republican megadonor and Citadel CEO \u003cstrong\u003eKen Griffin\u003c/strong\u003e has expressed openness to selling a minority stake in the $65 billion hedge fund he established in 1990.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: Griffin has previously sold stakes in his ventures. Two years ago, \u003cstrong\u003eSequoia Capital\u003c/strong\u003e acquired a stake in \u003cstrong\u003eCitadel Securities\u003c/strong\u003e for $1.15 billion, valuing the market maker at $22 billion. Recently, Citadel Securities received a $5 billion investment offer from a private equity firm, which Griffin mentioned would help the company remain private longer.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn an \u003ca href=\"https://www.bloomberg.com/news/articles/2024-11-21/ken-griffin-says-he-s-open-to-selling-minority-stake-in-citadel\"\u003einterview\u003c/a\u003e with\u0026nbsp;Bloomberg on Thursday at the Economic\u0026nbsp;Club of New York, Griffin stated,\u0026nbsp;\"We would be open to\u0026nbsp;the possibility of selling a\u0026nbsp;minority stake in Citadel at\u0026nbsp;some point in the future.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eGriffin highlighted the challenges of public capital markets, stating,\u0026nbsp;\"We need to make being\u0026nbsp;public in the United States\u0026nbsp;a much more attractive proposition.\"\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite the offer, Griffin did not confirm acceptance and ruled out taking Citadel Securities public soon. When considering potential partners, Griffin seeks firms similar to Sequoia that can enhance Citadel\u0026#8217;s business operations.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also:\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42102652/michael-saylors-microstrategy-takes-wall-street-by-storm-becomes-second-most-traded-stock-after-nvidia?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMichael Saylor\u0026#8217;s MicroStrategy Takes Wall Street By Storm, Becomes Second-Most Traded Stock After Nvidia\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e:\u0026nbsp;Griffin, a prominent figure in the financial world, has built\u0026nbsp;Citadel\u0026nbsp;into a powerhouse with over $65 billion in assets. As a mega-donor to the Republican Party, he recently voiced concerns over\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/global/24/11/42056528/gop-megadonor-ken-griffin-warns-of-slippery-slope-in-trumps-tariff-policies-sees-us-returning-to-the-business-of-business\"\u003e\u003cstrong\u003eDonald Trump\u003c/strong\u003e\u0026#8216;s tariff policies\u003c/a\u003e, warning they could hinder U.S. competitiveness. \u003c/p\u003e\n\n\n\n\u003cp\u003eIn the past year, Citadel has achieved remarkable financial success, \u003ca href=\"https://www.benzinga.com/general/23/12/36365068/show-me-the-money-inside-ken-griffins-citadels-jaw-dropping-7-billion-return\"\u003ereturning $7 billion to clients \u003c/a\u003eafter a 30% profit surge. Citadel\u0026#8217;s multistrategy fund, \u003cstrong\u003eWellington,\u003c/strong\u003e has gained nearly 15% year-to-date, making it one of the top-performing hedge funds. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u0026nbsp;\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/11/42102769/floki-beats-dogecoin-shiba-inu-with-double-digit-gains-after-coinbase-listing-announcement?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eFloki Beats Dogecoin, Shiba Inu With Double-Digit Gains After Coinbase Listing Announcement\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e: This content was partially produced with the help of\u0026nbsp;\u003ca href=\"https://www.benzinga.com/author/benzinga-neuro\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBenzinga Neuro\u003c/a\u003e\u0026nbsp;and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto by Dan G via Flickr\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42131413/gop-megadonor-ken-griffin-is-open-to-the-possibility-of-selling-minority-stake-in-citadel","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/ken-griffin.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/ken-griffin.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/ken-griffin.jpeg"}],"channels":[{"name":"News"},{"name":"Markets"},{"name":"General"}],"stocks":[],"tags":[{"name":"benzinga neuro"},{"name":"citadel"},{"name":"Ken Griffin"},{"name":"minority stake"},{"name":"Pooja Rajkumari"},{"name":"Stories That Matter"}]},{"id":42152058,"author":"Adam Eckert","created":"Sat, 23 Nov 2024 09:30:17 -0400","updated":"Sat, 23 Nov 2024 09:30:18 -0400","title":"Mark Cuban: If You Have To Micromanage, Something Is Probably Broken — 'I Wish Somebody Would Have Told Me To Be Nicer'","teaser":"Billionaire entrepreneur Mark Cuban believes prolonged micromanaging can be a sign something is broken.","body":"\u003cp\u003eBillionaire entrepreneur \u003cstrong\u003eMark Cuban\u003c/strong\u003e believes micromanagement is a \u003ca href=\"https://www.benzinga.com/general/24/02/36955564/the-moment-mark-cuban-knew-he-could-not-work-in-the-corporate-world-his-bank-boss-yelled-at-him-for\"\u003esign that something is broken\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003eOfek Lavian\u003c/strong\u003e, CEO of fintech company\u0026nbsp;\u003cstrong\u003eForage\u003c/strong\u003e, recently posted a thread on\u0026nbsp;\u003ca href=\"https://twitter.com/OfekLavian/status/1766950034581700697\"\u003eX\u003c/a\u003e\u0026nbsp;focused on counterintuitive leadership principles. Cuban responded to the thread, noting that he agreed with everything except for the post on micromanaging.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Pretty darn good list. Agree with all but micromanage,\" Cuban said. \"Micromanage early. Trust the process or fix what's broken if you always have to micromanage.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eCNBC\u0026nbsp;\u003ca href=\"https://www.cnbc.com/2024/03/22/mark-cuban-micromanaging-is-a-toxic-trait-with-one-exception.html\"\u003ereported\u003c/a\u003e\u0026nbsp;Cuban's opinion on micromanaging was formed from personal experience with his former company Broadcast.com.\u003c/p\u003e\n\n\n\n\u003cp\u003eCuban reportedly micromanaged his employees in his early days as he expected them to match his own work ethic. This created a situation in which Cuban was always focused on pushing employees to be better and work faster without thinking about how he was coming off.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"I wish somebody would have told me to be nicer,\u0026#8221; Cuban reportedly said on the \"Bio Eats World\" podcast last year.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eCheck This Out: \u003ca href=\"https://www.benzinga.com/news/24/11/42027001/mark-cuban-swings-1m-to-golf-company-despite-hating-the-sport\"\u003eMark Cuban Swings $1M To Golf Company Despite Hating The Sport\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eCuban's \"go, go, go\" mentality and micromanaging tendencies actually hurt the company in its early stages. Cuban recalled one of his business partners pulling him aside and telling him he was scaring some of the employees with his management style. Still, Cuban sold the company to Yahoo for $5.7 billion in stock in 1999.\u003c/p\u003e\n\n\n\n\u003cp\u003eLavian's post included a link to a video featuring\u0026nbsp;\u003cstrong\u003eShopify Inc\u0026nbsp;\u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SHOP#NYSE\"\u003eSHOP\u003c/a\u003e) co-founder and CEO\u0026nbsp;\u003cstrong\u003eTobi Lütke\u003c/strong\u003e,\u0026nbsp;who argued that the idea of micromanaging is bad is \"the dumbest idea on planet Earth.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eAlthough Cuban disagreed with the take, Lavian responded to Cuban, thanking him for his input.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"I try to hire the right team so I don\u0026#8217;t have to micromanage, but I don\u0026#8217;t always get it right,\" Lavian said.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Once I know I can trust someone to get the little things right, I know they can devote the same level of detail and attention for the big ones that truly matter.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/24/11/42027035/mark-cuban-planned-to-retire-by-age-35-he-says-theres-only-one-reason-he-didnt\"\u003e\u003cstrong\u003eMark Cuban Planned To Retire By Age 35: He Says There\u0026#8217;s Only One Reason He Didn\u0026#8217;t\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis story is part of a series of features on the subject of success, \u003c/em\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/topic/benzinga-inspire\"\u003e\u003cem\u003eBenzinga Inspire\u003c/em\u003e\u003c/a\u003e\u003c/strong\u003e\u003cem\u003e\u003ca href=\"https://www.benzinga.com/topic/benzinga-inspire\"\u003e.\u003c/a\u003e\u003c/em\u003e \u003cem\u003eSome elements of this story were previously reported by Benzinga and it has been updated.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Shutterstock.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/social-media/24/11/42152058/mark-cuban-if-you-have-to-micromanage-something-is-probably-broken-i-wish-somebody-would-have-told-me-to-be-nicer","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Mark-Cuban-Calls-Gary-Gensler-A-Blight-A.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Mark-Cuban-Calls-Gary-Gensler-A-Blight-A.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Mark-Cuban-Calls-Gary-Gensler-A-Blight-A.jpeg"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"General"}],"stocks":[{"name":"SHOP"}],"tags":[{"name":"Benzinga Inspire"},{"name":"CNBC"},{"name":"ICYMI"},{"name":"KeyProj"},{"name":"Mark Cuban"}]},{"id":42152947,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 17:00:35 -0400","updated":"Sat, 23 Nov 2024 17:00:36 -0400","title":"Satellite Images Reveal North Korea Reportedly Receiving Illicit Oil from Russia","teaser":"Satellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating UN sanctions.","body":"\u003cp\u003eSatellite images have reportedly revealed that Russia has supplied North Korea with over one million barrels of oil since March, violating United Nations sanctions that \u003ca href=\"https://www.benzinga.com/news/24/10/41561980/zelensky-sounds-alarm-on-potential-north-korean-involvement-in-ukraine\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erestrict oil sales to North Korea\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese transfers are part of a broader arrangement in which North Korea sends weapons, artillery shells, and even troops to aid Russia\u0026#8217;s war in Ukraine, the BBC \u003ca target=\"_blank\" href=\"https://www.bbc.com/news/articles/cjr4pr0gyyzo\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe oil deliveries, tracked by the UK-based Open Source Centre, are seen as a direct quid pro quo for North Korea\u0026#8217;s military support, with the oil serving to fuel Pyongyang\u0026#8217;s own operations and provide stability amid ongoing sanctions.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to satellite imagery analyzed by UK-based non-profit research group the Open Source Centre and shared exclusively with the BBC, North Korean oil tankers have made 43 trips to Russia\u0026#8217;s Far East, with vessels arriving empty and leaving full.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale\" rel=\"noreferrer noopener\"\u003eWarren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda \u0026#8216;On Sale\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite UN sanctions capping the amount of oil North Korea can receive at 500,000 barrels per year, Russia\u0026#8217;s illicit shipments have far exceeded this limit, with experts estimating more than a million barrels have been supplied since March.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe BBC added that these transfers not only breach UN sanctions but also involve ships that are themselves under sanction, some of which should have been impounded upon entering Russian waters, citing Go Myong-hyun, a senior research fellow at South Korea\u0026#8217;s Institute for National Security Strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe situation marks a new level of contempt for international regulations, as Russia has actively circumvented the UN panel responsible for monitoring such violations, disbanding it through its veto at the Security Council in March.\u003c/p\u003e\n\n\n\n\u003cp\u003eExperts worry this cooperation between two autocratic regimes may lead to even more dangerous collaborations, potentially involving military technology transfers that could further destabilize the region, the BBC adds.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the oil deliveries provide crucial fuel for North Korea\u0026#8217;s military, which relies on oil for its missile launchers and munitions factories, concerns are growing over the potential for more military technology exchanges, particularly in satellite and ballistic missile advancements. \u003c/p\u003e\n\n\n\n\u003cp\u003eBoth the US and South Korea are closely monitoring the evolving ties between Russia and North Korea, with the possibility of these exchanges further threatening global security.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDogecoin Whales Move $214.5M In A Single Day, Sparking Speculation\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152947/satellite-images-reveal-north-korea-reportedly-receiving-illicit-oil-from-russia","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/North-Koreas-Ammo-Deliveries-To-Russia-P.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"AI Generated"},{"name":"missile"},{"name":"North Korea"},{"name":"Russia"},{"name":"Ukraine"}]},{"id":42152721,"author":"Chris Katje","created":"Sat, 23 Nov 2024 14:30:16 -0400","updated":"Sat, 23 Nov 2024 14:30:17 -0400","title":"Tesla Cybertruck Part Of Donald Trump's Motorcade, Will Vehicle Land Government Deals?","teaser":"Donald Trump\u0026#39;s motorcade near SpaceX\u0026#39;s Starbase featured a Tesla Cybertruck. Here\u0026#39;s what it could mean.","body":"\u003cp\u003eThe \u003cstrong\u003eTesla Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e) Cybertruck may be able to add President-elect\u003cstrong\u003e Donald Trump\u003c/strong\u003e to the list of celebrities who are fans of the unique electric vehicle after a recent \u003ca href=\"https://www.benzinga.com/general/space/24/11/42058175/trump-may-attend-elon-musks-starship-test-flight-in-texas-on-tuesday-report\"\u003evisit to \u003cstrong\u003eSpaceX\u003c/strong\u003e\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The Cybertruck has attracted purchases from Tesla fans, \u003ca href=\"https://www.benzinga.com/general/entertainment/24/03/37852639/tesla-cybertruck-the-new-celebrity-fashion-accessory-steve-aoki-big-sean-latest-to-own-ev\"\u003ecelebrities\u003c/a\u003e and even been bought by \u003ca href=\"https://www.benzinga.com/news/24/10/41246431/after-shaq-jay-z-beyonce-and-others-tesla-cybertruck-joins-joins-irvine-police-departments-fleet-wil\"\u003esome police departments\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003ePresident-elect Trump recently traveled to Starbase in Texas to watch the sixth flight test of SpaceX's Starship, where he also interacted with Tesla CEO and friend \u003cstrong\u003eElon Musk.\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile pictures and videos of the visit have gone viral online, one of the items investors might be paying attention to is a video of a Cybertruck being in Trump's motorcade.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Cybertruck in the motorcade on Starbase,\" Trump's Deputy Director of Communications \u003cstrong\u003eMargo Martin \u003c/strong\u003etweeted with a video.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eCybertruck in the motorcade on Starbase \u0026#x1f680;\u0026#x1f1fa;\u0026#x1f1f8; \u003ca href=\"https://t.co/8u6ZtZeJW1\"\u003epic.twitter.com/8u6ZtZeJW1\u003c/a\u003e\u003c/p\u003e\u0026mdash; Margo Martin (@margomartin) \u003ca href=\"https://twitter.com/margomartin/status/1859021962510823902?ref_src=twsrc%5Etfw\"\u003eNovember 19, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eWhile it's unknown who was in the Cybertruck, the Tesla vehicle stood out as it was in the convoy of police and armored vehicles\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eYou may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/24/11/42144099/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-44\"\u003e\u003cstrong\u003echeck out five stocks flying under the radar that deserve your attention.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It's Important: \u003c/strong\u003eGiven the importance to protect Trump during travel given past assassination attempts on his life, the use of a Cybertruck in the convoy could signal the trust in the stainless steel vehicle said to be bulletproof. \u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eInvestors will be watching to see if Cybertrucks could make their way into the president's convoy going forward or if this was only due to the close proximity to the SpaceX location.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump\u003ca href=\"https://www.benzinga.com/news/24/08/40179186/youtuber-gifts-trump-a-tesla-cybertruck-with-custom-wrap-of-his-pennsylvania-rally-shooting-incident\"\u003e was previously gifted \u003c/a\u003ea Cybertruck wrapped with an image of himself and featuring the words \"Make America Great Again\" on the hood by YouTuber \u003cstrong\u003eAdin Ross.\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"That's an Elon. That is beautiful,\" Trump said when he saw the vehicle.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/general/entertainment/24/09/40736498/elon-musks-blade-runner-inspired-cybertruck-now-serves-pizza-on-the-side\"\u003eElon Musk\u0026#8217;s \u0026#8216;Blade Runner\u0026#8217;-Inspired Cybertruck Now Serves Pizza On The Side\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Tesla-Cybertruck.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Tesla-Cybertruck.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Tesla-Cybertruck.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"TSLA"}],"tags":[{"name":"Cybertruck"},{"name":"Discover Project"},{"name":"Donald Trump"},{"name":"electric vehicles"},{"name":"Elon Musk"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starbase"}]},{"id":42133073,"author":"Anan Ashraf","created":"Fri, 22 Nov 2024 06:09:42 -0400","updated":"Fri, 22 Nov 2024 06:09:43 -0400","title":"SpaceX CEO Elon Musk Explains How Starship's Engine Design Prevents Chain Failures Unlike Soviet N1 Rocket","teaser":"The Starship\u0026#39;s many engines are isolated from each other, preventing the risk of one engine failure causing failure of all as in the case of the Soviet Union\u0026#39;s N1 rocket, SpaceX CEO Elon Musk said on Thursday.","body":"\u003cp\u003eThe \u003cstrong\u003eStarship\u003c/strong\u003e\u0026#8216;s many engines are isolated from each other, preventing the risk of one engine failure causing failure of all as in the case of the Soviet Union\u0026#8217;s N1 rocket, \u003cstrong\u003eSpaceX\u003c/strong\u003e CEO \u003cstrong\u003eElon Musk\u003c/strong\u003e said on Thursday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e \u0026#8220;If engine failures are isolated from each other and the primary airframe, then more engines \u0026#x2A;increases\u0026#x2A; reliability,\u0026#8221; Musk said in a post on social media platform X. \u0026#8220;The problem with N-1 was that a failure of any engine caused failure of all.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eIf engine failures are isolated from each other and the primary airframe, then more engines \u0026#x2A;increases\u0026#x2A; reliability. \u003cbr\u003e\u003cbr\u003eThe problem with N-1 was that a failure of any engine caused failure of all.\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859667589817041394?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe Starship has often been compared to the Soviet N1 rocket owing to its large number of engines. Musk himself has admitted that the \u003ca href=\"https://www.benzinga.com/news/23/05/32566212/elon-musk-reacts-to-comparison-of-starship-with-doomed-rocket-that-knocked-soviet-union-out-of-moon\"\u003eN1 is the closest comparable rocket to Starship\u003c/a\u003e. However, the Starship has 33 engines on its Super Heavy booster, even more than the 30 engines on the Soviet N1\u0026#8217;s first stage.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAbout N1:\u003c/strong\u003e N1 was aimed at enabling crewed travel to the moon. However, all four attempts to launch failed and the program was suspended in 1974.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Soviets carried out a clandestine launch of the N1 on July 3, 1969, which ended up in a colossal explosion. This effectively knocked out the Soviet Union from the Moon race just days before U.S. astronauts walked on the surface of the moon.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAbout Starship:\u003c/strong\u003e Starship is SpaceX\u0026#8217;s most ambitious launch vehicle aimed at taking humans back to the Moon and Earth\u0026#8217;s neighboring planet Mars. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe company has conducted six test flights of the vehicle thus far but without a payload. The last flight test took place earlier this week and NASA is looking forward to taking humans back to the surface of the Moon after a gap of over 50 years with the help of a \u003ca href=\"https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs\"\u003ecustom version of Starship\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon\"\u003eTesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: SpaceX\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/space/24/11/42133073/spacex-ceo-elon-musk-explains-how-starships-engine-design-prevents-chain-failures-unlike-soviet-n1-rocket","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/SpaceX-Starship-Flight-test.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/SpaceX-Starship-Flight-test.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/SpaceX-Starship-Flight-test.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Markets"},{"name":"Tech"},{"name":"General"}],"stocks":[],"tags":[{"name":"Elon Musk"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]},{"id":42145826,"author":"Vaishali Prayag","created":"Fri, 22 Nov 2024 15:13:05 -0400","updated":"Fri, 22 Nov 2024 15:13:06 -0400","title":"SoundHound AI Shares Are On The Rise Friday: What's Going On?","teaser":"SoundHound AI, Inc. (NASDAQ: SOUN) shares are trading higher Friday. The company announced the deployment of its conversational AI agents, Amelia at Apivia Courtage, part of the AEMA Group. Here\u0026#39;s what you need to know.","body":"\u003cp\u003e\u003cstrong\u003eSoundHound AI, Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SOUN#NASDAQ\"\u003eSOUN\u003c/a\u003e) shares are trading higher on Friday. The company announced the deployment of its conversational AI agent, Amelia at Apivia Courtage, as part of the AEMA Group. Here\u0026#8217;s \u003ca href=\"https://www.benzinga.com/quote/SOUN/news\"\u003ewhat you need to know.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e In a press release on Thursday, SoundHound AI reported that Amelia AI agents managed over 100,000 customer calls in 2024, reducing the volume of inbound queries handled by human employees at Apivia Courtage by nearly 20%. These calls were largely focused on medical expense reimbursements and insurance policy information. The deployment, which began in Jan. 2023, was designed to improve efficiency and allow customer service teams to focus on higher-value tasks.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe CEO of Apivia Courtage, \u003cstrong\u003eEmmanuelle Nguyen\u003c/strong\u003e, stated that integrating the AI system enhanced work quality for employees and improved workplace atmosphere. \u003cstrong\u003eMichael Anderson\u003c/strong\u003e, EVP of Enterprise at SoundHound AI, emphasized the benefits of automation in enabling contact center staff to manage more complex tasks.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;With AI agents managing routine customer questions, Apivia Courtage\u0026#8217;s employees are now able to focus on more rewarding and valuable aspects of their work. We\u0026#8217;re thrilled to support them in delivering thousands of high-quality interactions,\u0026#8221; commented Anderson.\u003c/p\u003e\n\n\n\n\u003cp\u003eApivia Courtage, operating under the AEMA Group, is one of France\u0026#8217;s largest insurance entities, serving over 11 million customers through more than 1,600 agencies and 3,900 brokers. The group\u0026#8217;s annual revenue exceeds €15 billion.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Projects like this really show the incredible value AI and automation can deliver, not only to our customers but also to their customers,\u0026#8221; said Anderson.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSOUN Price Action:\u003c/strong\u003e SoundHound AI shares were up 20.6% at $8.41 at the time of writing, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large is-resized\"\u003e\u003ca href=\"https://benzinga.slack.com/archives/D072651PB4K/p1727794380964569\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"532\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22133150/OSUNS-1024x532.png\" alt=\"\" class=\"wp-image-661538\" style=\"width:453px;height:auto\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22133150/OSUNS-1024x532.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22133150/OSUNS-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22133150/OSUNS-768x399.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22133150/OSUNS.png 1162w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/a\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage Via Shutterstock.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/trading-ideas/movers/24/11/42145826/soundhound-ai-shares-are-on-the-rise-friday-whats-going-on","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Soundhound-Shutterstock.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Soundhound-Shutterstock.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Soundhound-Shutterstock.jpeg"}],"channels":[{"name":"News"},{"name":"Movers"}],"stocks":[{"name":"SOUN"}],"tags":[{"name":"why it's moving"}]},{"id":42152805,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 15:30:17 -0400","updated":"Sat, 23 Nov 2024 15:30:18 -0400","title":"Elon Musk Agrees That People Want To See Jeffrey Epstein Files","teaser":"Billionaire Elon Musk on Saturday shared a post on X which said \u0026#34;The people want the Diddy \u0026amp; Epstein Files.\u0026#34; Later he shared his perspective by saying \u0026#34;Yes\u0026#34; on the post.","body":"\u003cp\u003eBillionaire \u003cstrong\u003eElon Musk\u003c/strong\u003e on Saturday shared a post on X which said \u0026#8220;The people want the Diddy \u0026amp; Epstein Files.\u0026#8221; Later he shared his perspective by saying \u0026#8220;Yes\u0026#8221; on the post.\u003c/p\u003e\n\n\n\n\u003cp\u003eLast month, President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e stated that he would be open to releasing additional files concerning convicted sex trafficker \u003cstrong\u003eJeffrey Epstein\u003c/strong\u003e if he were to return to the White House.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"qst\" dir=\"ltr\"\u003eYes. \u003ca href=\"https://t.co/8PEeBHCNod\"\u003ehttps://t.co/8PEeBHCNod\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860202873218564568?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThis is not the first time Musk has raised his concern around this issue. Last year Musk raised the question on Twitter, asking why the\u0026nbsp;Department of Justice\u0026nbsp;had not leaked\u0026nbsp;Epstein and \u003cstrong\u003eGhislaine Maxwell\u003c/strong\u003e\u0026#8216;s list of clients and why the media didn\u0026#8217;t seem to care to look into the clients\u0026#8217; identities.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eOnly thing more remarkable than DOJ not leaking the list is that no one in the media cares. Doesn't that seem odd? \u003ca href=\"https://t.co/JEK4TErABB\"\u003epic.twitter.com/JEK4TErABB\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1533161114586042369?ref_src=twsrc%5Etfw\"\u003eJune 4, 2022\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eEarlier this year, \u003cstrong\u003eMark Epstein\u003c/strong\u003e, the younger brother of disgraced financier Epstein, has alleged that his brother possessed information that could have influenced elections involving Trump and the Clintons.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/news/24/10/41220104/elon-musk-says-billionaires-supporting-kamala-harris-are-scared-epstein-list-will-be-made-public-if\"\u003eElon Musk Says Billionaires Supporting Kamala Harris Are Scared Epstein List Will Be Made Public If Trump Returns To Power\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eA Manhattan court has released a list of people connected to Jeffrey Epstein, which has raised eyebrows and intensified speculation. Some of the 187 individuals previously only identified as \"J Doe\" in court papers have been identified, but other names reportedly remained sealed, including those of underage victims.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk's remarks have sparked mixed reactions, with some praising his call for justice and others questioning his involvement in such discussions. Known for engaging with hot-button topics, Musk often uses his platform to address societal and legal issues.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn December 2021, Maxwell was found\u0026nbsp;\u003ca href=\"https://www.dailywire.com/news/ghislaine-maxwell-jeffrey-epsteins-former-girlfriend-found-guilty-in-sex-abuse-trial\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eguilty\u003c/a\u003e\u003ca href=\"https://www.benzinga.com/news/21/12/24823587/epstein-associate-ghislaine-maxwell-found-guilty-of-5-charges-in-sex-trafficking-case\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u0026nbsp;of helping to recruit teenage girls\u003c/a\u003e\u0026nbsp;for\u0026nbsp;Epstein, who\u0026nbsp;died in August 2019.\u003c/p\u003e\n\n\n\n\u003cp\u003eMaxwell, known as\u0026nbsp;\u0026#8220;Inmate 02879-509\u0026#8221; while incarcerated,\u0026nbsp;is currently serving her sentence at the Federal Correctional Institution\u0026nbsp;in Tallahassee, Florida.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003e\u003ca href=\"https://www.benzinga.com/general/entertainment/22/05/27458121/heres-elon-musks-piece-of-advice-for-ex-girlfriend-amber-heard\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eElon Musk Gives This Piece Of Advice To Ex-Girlfriend Amber Heard And Johnny Depp\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/social-media/24/11/42152805/elon-musk-agrees-that-people-want-to-see-jeffrey-epstein-files","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Jeffrey-Epstein.png"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Jeffrey-Epstein.png"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Jeffrey-Epstein.png"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"Top Stories"}],"stocks":[],"tags":[{"name":"Diddy"},{"name":"Donald Trump"},{"name":"Elon Musk"},{"name":"Ghislaine Maxwell"},{"name":"Jeffrey Epstein"}]},{"id":42151383,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 03:27:44 -0400","updated":"Sat, 23 Nov 2024 03:41:52 -0400","title":"Elon Musk's SpaceX Secures New Moon Mission Contract After Starship's Successful 6th Test Flight","teaser":"Elon Musk-led SpaceX\u0026#39;s Starship has been chosen by Lunar Outpost to deliver its new moon rover, Eagle, to the lunar surface.","body":"\u003cp\u003eIn a significant development for lunar exploration, \u003cstrong\u003eElon Musk-led\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003eSpaceX\u003c/strong\u003e\u0026#8216;s \u003ca href=\"https://www.benzinga.com/topic/starship\"\u003eStarship\u003c/a\u003e has been chosen by\u0026nbsp;\u003cstrong\u003eLunar Outpost\u003c/strong\u003e\u0026nbsp;to deliver its new moon rover, Eagle, to the lunar surface.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: This comes after a successful suborbital test flight of the 400-foot-tall Starship from Texas, marking its sixth flight.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Having experienced the recent groundbreaking\u0026nbsp;Starship test flight firsthand, we\u0026#8217;re\u0026nbsp;confident that SpaceX is advancing\u0026nbsp;the most capable launch system\u0026nbsp;ever created and will successfully\u0026nbsp;land our Eagle vehicles on\u0026nbsp;the surface of the moon,\" said \u003cstrong\u003eJustin Cyrus\u003c/strong\u003e, founder and CEO of Lunar Outpost.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis contract is a crucial step for Lunar Outpost\u0026#8217;s mission to establish\u0026nbsp;a sustainable human presence in\u0026nbsp;space.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company is collaborating with \u003cstrong\u003eLeidos\u003c/strong\u003e, \u003cstrong\u003eMDA Space\u003c/strong\u003e, \u003cstrong\u003eGoodyear\u003c/strong\u003e, and \u003cstrong\u003eGeneral Motors\u003c/strong\u003e on the Eagle Rover.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe \u0026#8220;Lunar Dawn\u0026#8221; team, including Lunar Outpost, is one of three private groups selected by NASA to develop a version of the Lunar Terrain Vehicle (LTV) for the Artemis program.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also:\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42081589/tesla-electric-offers-unlimited-overnight-charging-for-just-5-a-month-as-ev-giant-races-toward-500k-sales-target?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTesla Electric Offers Unlimited Overnight Charging For Just $5 A Month As EV Giant Races Toward 500K Sales Target\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSpaceX\u0026#8217;s Starship is also set to launch another LTV rover, FLEX, developed by\u0026nbsp;\u003cstrong\u003eVenturi Astrolab\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eNASA has chosen Starship for its first crewed lunar landing under the \u003ca href=\"https://www.benzinga.com/news/24/10/41400036/nasa-assigns-2-missions-to-spacex-for-2025-after-boeings-starliner-stranded-astronauts\"\u003eArtemis 3 mission\u003c/a\u003e, scheduled for late 2026.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: The selection of SpaceX\u0026#8217;s Starship for the lunar mission underscores the company\u0026#8217;s growing role in space exploration.\u003c/p\u003e\n\n\n\n\u003cp\u003eRecently, \u003ca href=\"https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs\"\u003eSpaceX unveiled a conceptual image\u003c/a\u003e of the Starship Human Landing System (HLS) designed to facilitate the first human landing on the Moon since 1971.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis version of Starship will feature landing legs instead of a heat shield and flaps.\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, Musk has expressed confidence in \u003ca href=\"https://www.benzinga.com/general/space/24/11/42082169/elon-musk-predicts-tesla-cybertrucks-optimus-robots-will-be-aboard-spacex-starships-to-mars-in-2-years\"\u003eSpaceX\u0026#8217;s ability to send uncrewed Starships to Mars\u003c/a\u003e within two years, potentially carrying\u0026nbsp;\u003cstrong\u003eTesla Inc.\u003c/strong\u003e\u0026nbsp;Cybertrucks and Optimus robots as payloads.\u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile,\u0026nbsp;SpaceX\u0026#8217;s satellite internet division, Starlink, \u003ca href=\"https://www.benzinga.com/24/11/42082877/spacexs-starlink-enables-realtime-views-of-earth-during-starships-6th-test-flight-could-it-be-the-future-of-space-connectivity\"\u003edemonstrated real-time Earth views\u003c/a\u003e during Starship\u0026#8217;s sixth test flight, showcasing the potential for enhanced space connectivity.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile SpaceX is currently a privately held company, investors can leverage\u0026nbsp;\u003cstrong\u003eDestiny Tech100 Inc.\u003c/strong\u003e\u0026nbsp;(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DXYZ#NASDAQ\"\u003eDXYZ\u003c/a\u003e) to participate in the Musk-led space company\u0026#8217;s growth. According to data from\u0026nbsp;\u003ca href=\"http://pro.benzinga.com/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBenzinga Pro\u003c/a\u003e, DXYZ has gained over 366% year-to-date.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: SpaceX\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/space/24/11/42151383/elon-musks-spacex-secures-new-moon-mission-contract-after-starships-successful-6th-test-flight","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/SpaceX-Starship.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/SpaceX-Starship.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/SpaceX-Starship.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Tech"}],"stocks":[{"name":"DXYZ"}],"tags":[{"name":"benzinga neuro"},{"name":"Elon Musk"},{"name":"Lunar Outpost"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]},{"id":42117037,"author":"Henry Khederian","created":"Thu, 21 Nov 2024 12:17:38 -0400","updated":"Thu, 21 Nov 2024 12:17:39 -0400","title":"Why Ethereum Classic Is Exploding Higher This Week","teaser":"Ethereum Classic (CRYPTO: ETC) has surged 24% to $26.89 this week, fueled by investor optimism in the cryptocurrency market.","body":"\u003cp\u003e\u003cstrong\u003eEthereum Classic\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/etc/usd\"\u003eETC\u003c/a\u003e) has surged 24% to $26.89 this week, fueled by investor optimism in the \u003ca href=\"https://www.benzinga.com/crypto\"\u003ecryptocurrency\u003c/a\u003e market.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis rally comes amid \u003cstrong\u003eBitcoin's\u003c/strong\u003e historic \u003ca href=\"https://www.benzinga.com/24/11/42102366/bitcoin-taps-95k-ethereum-dogecoin-flat-as-trumps-crypto-policy-takes-shape-top-analyst-describes-btcs-path-to-135k\"\u003eclimb toward $100,000\u003c/a\u003e and rising institutional interest across digital assets, signaling renewed confidence in Ethereum Classic's long-term prospects.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e The gains for ETC align with broader enthusiasm for \u003cstrong\u003eEthereum\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/eth/usd\"\u003eETH\u003c/a\u003e), which is experiencing strong speculation about its ability to hit $4,000 this November. \u003c/p\u003e\n\n\n\n\u003cp\u003eEthereum Classic, often considered the original Ethereum blockchain following the \u003ca href=\"https://www.benzinga.com/money/how-to-buy-ethereum-classic-etc\"\u003e2016 hard fork,\u003c/a\u003e is benefiting from renewed attention to Ethereum-based ecosystems as developers and investors explore its potential for decentralized applications (dApps) and smart contracts.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42114875/coinbase-ceo-brian-armstrong-stands-out-as-candidate-for-donald-trumps-reported-crypto-czar-position-cardano-co-founder-says\"\u003eCoinbase CEO Brian Armstrong \u0026#8216;Stands Out\u0026#8217; As Candidate For Donald Trump\u0026#8217;s Reported \u0026#8216;Crypto Czar\u0026#8217; Position, Cardano Co-Founder Says\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Else:\u003c/strong\u003e Another factor boosting ETC is its correlation with Ethereum's proof-of-stake (PoS) transition. Since Ethereum's move to PoS with the Merge, some miners have shifted resources to Ethereum Classic, strengthening its hash rate and security. This enhanced network robustness is likely contributing to increased investor confidence.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe current rally also ties into macroeconomic conditions, with easing global monetary policies encouraging capital flows into riskier assets, including cryptocurrencies. \u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, rising institutional activity, including surging Bitcoin ETF inflows, has amplified interest in altcoins like Ethereum Classic.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/11/42102769/floki-beats-dogecoin-shiba-inu-with-double-digit-gains-after-coinbase-listing-announcement\"\u003eFloki Beats Dogecoin, Shiba Inu With Double-Digit Gains After Coinbase Listing Announcement\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/news/24/11/42117037/why-ethereum-classic-is-exploding-higher-this-week","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/matrix-2953883.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/matrix-2953883.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/matrix-2953883.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"$ETC"},{"name":"$ETH"}],"tags":[{"name":"why it's moving"}]},{"id":42044642,"author":"Erica Kollmann","created":"Mon, 18 Nov 2024 13:45:19 -0400","updated":"Tue, 19 Nov 2024 01:09:00 -0400","title":"Trump Appears 'Frustrated' As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List","teaser":"Trump made several unconventional picks for cabinet nominees so far, including Matt Gaetz and Fox News host Pete Hegseth.","body":"\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e reportedly added more names to his list of possible picks for Treasury secretary over the weekend after \u003cstrong\u003eElon Musk\u003c/strong\u003e voiced his\u003ca href=\"https://www.benzinga.com/politics/24/11/42026495/musk-pushes-lutnick-for-trumps-treasury-secretary\"\u003e preference for \u003cstrong\u003eHoward Lutnick\u003c/strong\u003e.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Musk threw his support behind Lutnick in a post on his social media platform, \u003cstrong\u003eX\u003c/strong\u003e, on Saturday. The \u003cstrong\u003eTesla\u003c/strong\u003e CEO and Trump-confidante also called on others to weigh in on the appointment.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eWould be interesting to hear more people weigh in on this for \u003ca href=\"https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw\"\u003e@realDonaldTrump\u003c/a\u003e to consider feedback.\u003cbr\u003e\u003cbr\u003eMy view fwiw is that Bessent is a business-as-usual choice, whereas \u003ca href=\"https://twitter.com/howardlutnick?ref_src=twsrc%5Etfw\"\u003e@howardlutnick\u003c/a\u003e will actually enact change. \u003cbr\u003e\u003cbr\u003eBusiness-as-usual is driving America bankrupt, so we need change… \u003ca href=\"https://t.co/igGLZOJ8wz\"\u003ehttps://t.co/igGLZOJ8wz\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1857819784865362211?ref_src=twsrc%5Etfw\"\u003eNovember 16, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eLutnick has organized fundraisers for the President-elect and is currently a co-chair of Trump's transition effort. \u003cstrong\u003eScott Bessent\u003c/strong\u003e, the founder of hedge fund \u003cstrong\u003eKey Square Group\u003c/strong\u003e, was a principal economic advisor to Trump during his campaign and met with the President-elect at Mar-a-Lago on Friday.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: According to a Bloomberg\u003ca href=\"https://www.bloomberg.com/news/articles/2024-11-16/musk-throws-support-to-lutnick-over-bessent-in-treasury-race?sref=TBDibEcD\"\u003e report\u003c/a\u003e, Trump has appeared \"frustrated\" with the infighting. Alternatives to Lutnick and Bessent are in consideration.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRobert Lighthizer\u003c/strong\u003e, Senator \u003cstrong\u003eWilliam Hagerty\u003c/strong\u003e,\u003cstrong\u003e \u003c/strong\u003eformer Federal Reserve governor \u003cstrong\u003eKevin Warsh\u003c/strong\u003e and \u003cstrong\u003eMarc Rowan\u003c/strong\u003e, CEO of \u003cstrong\u003eApollo Global Management, Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/APO#NYSE\"\u003eAPO\u003c/a\u003e) are among the names being floated as alternatives, according to people familiar with the matter.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump made several unconventional picks for cabinet nominees so far, including former U.S. Representative \u003cstrong\u003eMatt Gaetz\u003c/strong\u003e for US \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/11/42036132/trump-wants-matt-gaetz-confirmed-100-so-does-the-cannabis-industry\"\u003eattorney general\u003c/a\u003e and Fox News host \u003cstrong\u003ePete Hegseth\u003c/strong\u003e for defense secretary. Trump recently nominated \u003cstrong\u003eChris Wright\u003c/strong\u003e, \u003ca href=\"https://www.benzinga.com/24/11/42024837/trump-taps-liberty-energy-ceo-chris-wright-for-energy-secretary\"\u003eoil and natural\u003c/a\u003e gas executive, to lead the Energy Department. Wright\u0026#8217;s attorney, \u003cstrong\u003eWilliam Owen Scharf\u003c/strong\u003e, is being considered for staff secretary. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe entire country, including Wall Street, will be watching for Trump's Treasury secretary selection as the position is responsible for formulating financial, economic and tax policies and serves as the government\u0026#8217;s chief financial officer.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eInvestors can monitor the market's reaction to a potential Trump selection with the \u003cstrong\u003eSPDR S\u0026amp;P 500 ETF \u003c/strong\u003ewhich tracks the performance of the S\u0026amp;P 500 index.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage: Shutterstock\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/19/Elon-Musk-Donald-Trump.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/19/Elon-Musk-Donald-Trump.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/19/Elon-Musk-Donald-Trump.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Top Stories"},{"name":"ETFs"}],"stocks":[{"name":"APO"},{"name":"SPY"}],"tags":[{"name":"Chris Wright"},{"name":"Donald Trump"},{"name":"Elon Musk"},{"name":"Howard Lutnick"},{"name":"Pete Hegseth"},{"name":"Scott Bessent"}]},{"id":42152136,"author":"LaToya Scott","created":"Sat, 23 Nov 2024 10:00:37 -0400","updated":"Sat, 23 Nov 2024 10:00:37 -0400","title":"Debt Piles Up And Losses Mount – Spirit Airlines Finally Files For Bankruptcy After Struggling To Stay Afloat","teaser":" ","body":"\u003cp\u003eSpirit Airlines has filed for Chapter 11 bankruptcy, a strategic move to stabilize its \u003ca href=\"https://www.benzinga.com/personal-finance/24/08/40512938/dave-ramseys-blunt-advice-your-finances-are-80-behavior-avoid-this-one-costly-mistake\"\u003efinances \u003c/a\u003ewhile keeping operations running smoothly. Known for its ultra-low-cost business model, the airline has faced mounting challenges, including over $1 billion in deferred debt, a $158 million quarterly loss this year and failed merger efforts with JetBlue and Frontier Airlines.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eInspired by Uber and Airbnb \u0026#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets \u0026#8211; \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003ewith $1,000 you can invest at just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAccording to a company statement, Spirit's restructuring plan involves $300 million in new financing and $350 million in equity investments from bondholders, which will slash nearly $795 million in debt. The airline expects to emerge from bankruptcy by early 2025.\u003c/p\u003e\n\n\n\n\u003cp\u003eCEO Ted Christie assured passengers that the restructuring would not affect flights and bookings in an open letter to customers. \"You can continue to book and fly confidently now and in the future,\" Christie said. Spirit has pledged to maintain ticket sales, flights and loyalty programs without disruption throughout the process.\u003c/p\u003e\n\n\n\n\u003cp\u003eSpirit's financial woes didn't develop overnight. According to CNBC, the airline hasn't turned a profit since 2019, when it lost $335 million. The COVID-19 pandemic significantly affected travel demand, hitting Spirit's operations hard.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003cstrong\u003e‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can invest TODAY for just $0.26/share with a $1000 minimum.\u003c/strong\u003e\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe recall of Pratt \u0026amp; Whitney engines in 2023 further strained the airline by disrupting fleet availability, while rising fuel costs and stiff competition from larger carriers put additional pressure on margins.\u003c/p\u003e\n\n\n\n\u003cp\u003eRegulatory hurdles compounded these challenges. In January, U.S. courts blocked Spirit's $3.8 billion merger with JetBlue, citing concerns about reduced competition in the budget travel market.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eAnalysts warn, however, that more drastic measures, such as cutting routes or reducing flight frequencies, could still be necessary. Statista reported that Spirit's total flight capacity declined by 33% to 27.7 billion available seat miles between 2019 and 2020.\u003c/p\u003e\n\n\n\n\u003cp\u003eTD Cowen's senior research analyst, Helane Becker, told CNBC, \u0026#8220;Spirit Airlines' goal should be to preserve value as much as they can.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: The global games market is projected to generate $272B by the end of the year —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/gameflip\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003efor $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eIn response to its financial struggles, Spirit has begun implementing cost-saving measures. The Associated Press reported that the airline plans to sell 23 older planes for $519 million and cut jobs, saving an estimated $80 million annually.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Wall Street Journal revealed that Spirit Airlines and Frontier Airlines have resumed talks about a potential merger, causing their stock prices to climb. However, \u003ca href=\"https://www.benzinga.com/startups/24/10/41312615/investors-pour-billions-into-openai-whats-driving-this-unprecedented-surge-in-funding\"\u003einvestor \u003c/a\u003econfidence has faltered amid these setbacks. According to CNBC, Spirit's stock price dropped from $3.22 to $1.15 after The Wall Street Journal reported that the company was set to file for bankruptcy.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eTom Fitzgerald, an analyst at TD Cowen, recently highlighted Spirit Airlines\u0026#8217; precarious situation on UPI. He stated that balancing cost-cutting measures with maintaining passenger confidence is critical for the airline\u0026#8217;s survival. He noted that customers might begin avoiding the airline if its financial struggles intensify.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e you can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/news/24/11/42152136/debt-piles-up-and-losses-mount-spirit-airlines-finally-files-for-bankruptcy-after-struggling-to-stay-afloat","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/SAVE-Spirit-Airlines.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/SAVE-Spirit-Airlines.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/SAVE-Spirit-Airlines.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"news access"},{"name":"Spirit Airlines"}]},{"id":42147342,"author":"Vaishali Prayag","created":"Fri, 22 Nov 2024 16:57:31 -0400","updated":"Fri, 22 Nov 2024 16:57:32 -0400","title":"Ford Shares Are On The Rise Friday: What You Need To Know","teaser":"Ford Motor Company (NYSE: F) shares are trading higher Friday amid multiple developments, including unionization efforts at its Kentucky battery plant and broader industry calls to President-elect Donald Trump to preserve key EV tax credits. Here\u0026#39;s what you need to know.","body":"\u003cp\u003e\u003cstrong\u003eFord Motor Company \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/F#NYSE\"\u003eF\u003c/a\u003e) shares are trading higher Friday. There were multiple developments this week, including unionization efforts at its Kentucky battery plant and broader industry calls to President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e to preserve key EV tax credits. Here\u0026#8217;s \u003ca href=\"https://www.benzinga.com/quote/F/news\"\u003ewhat you need to know.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Earlier this week, the United Auto Workers (UAW) announced that a supermajority of workers at Ford's BlueOval SK battery plant in Kentucky, a joint venture with SK On, \u003ca href=\"https://www.benzinga.com/24/11/42104199/supermajority-of-workers-at-fords-jv-battery-plant-sign-union-authorization-cards-says-uaw\"\u003esigned union authorization cards\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe workers cited pay and benefit disparities compared to unionized Ford employees as key motivators. UAW stated that BlueOval SK workers earn significantly less than their unionized counterparts, starting pay at $21 per hour compared to $26.32 for Ford's UAW production workers.\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, a group representing major automakers, including Ford, urged the incoming Trump administration to preserve the $7,500 federal tax credit for electric vehicle purchases and support self-driving car technologies. The group also expressed concerns over emissions regulations and potential revisions to rules mandating automatic emergency braking systems. This lobbying effort potentially highlights the auto industry\u0026#8217;s focus on sustaining momentum in EV and autonomous vehicle development while addressing regulatory challenges.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Else: \u003c/strong\u003eOn Wednesday, the company announced plans to cut about 4,000 jobs or 14% of its European workforce, due to weak demand for electric vehicles and increasing competition. The layoffs, representing 2.3% of Ford\u0026#8217;s global headcount, are expected to occur by the end of 2027. Ford\u0026#8217;s European sales have dropped 17.9% this year, largely due to reduced EV subsidies in markets like Germany, contributing to the company\u0026#8217;s challenges as its transition to electric vehicles.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eF Price Action:\u003c/strong\u003e Ford Motor shares were up 3.56% at $11.18 at the time of writing, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga pro.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large is-resized\"\u003e\u003ca href=\"https://www.benzinga.com/pro/?utm_source=BZprocontent112224\u0026amp;t=be2bearmibe3na1\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"529\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134601/F-1024x529.png\" alt=\"\" class=\"wp-image-661562\" style=\"width:495px;height:auto\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134601/F-1024x529.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134601/F-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134601/F-768x397.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134601/F.png 1174w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/a\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage via Shutterstock\u003c/em\u003e.\u003c/p\u003e","url":"https://www.benzinga.com/trading-ideas/movers/24/11/42147342/ford-shares-are-on-the-rise-friday-what-you-need-to-know","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Ford-Motor-Company-F.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Ford-Motor-Company-F.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Ford-Motor-Company-F.jpeg"}],"channels":[{"name":"News"},{"name":"Movers"}],"stocks":[{"name":"F"},{"name":"GM"}],"tags":[{"name":"why it's moving"}]},{"id":42152862,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 16:00:27 -0400","updated":"Sat, 23 Nov 2024 16:00:28 -0400","title":"Trump Picks Project 2025 Co-Author Russell Vought for OMB","teaser":"Trump strengthens his alignment with conservative priorities by appointing Project 2025 co-author Russell Vought as OMB director.","body":"\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e has selected \u003cstrong\u003eRussell Vought\u003c/strong\u003e, co-author of the conservative policy agenda Project 2025, as director of the \u003ca target=\"_blank\" href=\"https://www.benzinga.com/news/24/11/42024583/world-bank-worries-over-budget-cuts-after-24b-mishap-trump-win\" rel=\"noreferrer noopener\"\u003eOffice of Management and Budget (OMB) in his second term.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eVought previously served as OMB\u0026#8217;s deputy director during Trump\u0026#8217;s first term. But his influence extends beyond OMB. He wrote the chapter on the Executive Office of the President in Project 2025, a conservative policy framework developed by The Heritage Foundation, The Hill \u003ca href=\"https://thehill.com/homenews/campaign/5005710-trump-picks-project-2025-author-russell-vought-to-lead-budget-office/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;He did an excellent job serving in this role in my First Term \u0026#8211; We cut four Regulations for every new Regulation, and it was a Great Success!\u0026#8221; Trump \u003ca href=\"https://truthsocial.com/@realDonaldTrump/posts/113529338208908362\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewrote\u003c/a\u003e in a post on Truth Social on Friday. \u0026#8220;We will restore fiscal sanity to our Nation.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump praised Vought\u0026#8217;s experience in public policy, describing him as an aggressive cost-cutter and deregulator who would help advance the \u0026#8220;America First\u0026#8221; agenda across federal agencies.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\" rel=\"noreferrer noopener\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe president-elect emphasized Vought\u0026#8217;s knowledge of dismantling the so-called \u0026#8220;Deep State\u0026#8221; and restoring self-governance to the American people, alongside a promise to restore fiscal discipline.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn response to the selection, Vought \u003ca href=\"https://x.com/russvought/status/1860121532758204758?prefetchTimestamp=1732383856583\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eposted\u003c/a\u003e on X, \u0026#8220;There is unfinished business on behalf of the American people, and it\u0026#8217;s an honor of a lifetime to get the call again.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eProject 2025, which includes input from scholars and policy experts, proposes sweeping changes such as reshaping the executive branch and reducing the size and funding of certain government agencies.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Trump previously distanced himself from Project 2025 during his campaign, citing its controversial elements, his decision to appoint Vought as OMB director signals a strong alignment with its conservative priorities. The project has faced significant backlash from Democrats, who argue it threatens American democratic institutions.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/long-ideas/24/11/42152450/benzinga-bulls-and-bears-coinbase-microstrategy-nvidia-e-l-f-beauty-and-dogecoin-millionaire-predicts-2025-meme-kings\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBenzinga Bulls And Bears: Coinbase, MicroStrategy, Nvidia, e.l.f. Beauty \u0026#8211; And Dogecoin Millionaire Predicts 2025 Meme Kings\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Wikimedia Commons\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152862/trump-picks-project-2025-co-author-russell-vought-for-omb","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/1024px-President-Trump-Signs-Executive-O.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/1024px-President-Trump-Signs-Executive-O.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/1024px-President-Trump-Signs-Executive-O.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"2024 elecction"},{"name":"AI Generated"},{"name":"Budget Office"},{"name":"Conservative"},{"name":"Donald Trump"},{"name":"Project 2025"},{"name":"Russel Vought"}]},{"id":42143996,"author":"Adrian Volenik","created":"Fri, 22 Nov 2024 13:45:39 -0400","updated":"Fri, 22 Nov 2024 13:45:40 -0400","title":"'Daddy's Home' – Palantir Creates Two New Billionaires After Trump's Win. Both Own Less Than 2% Stock And Are Thiel's Favorites","teaser":" ","body":"\u003cp\u003eDonald Trump is back and so is the boom for Palantir (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/PLTR#NYSE\"\u003ePLTR\u003c/a\u003e) – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel\u0026#8217;s close associates, joined the billionaire club thanks to a massive rise in Palantir\u0026#8217;s stock value following Trump's reelection. They own only a small slice of the company – less than 2% each – but it\u0026#8217;s more than enough to make them new billionaires.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThe global games market is projected to generate $272B by the end of the year —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/gameflip\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003efor $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eDaddy's home. \u003ca href=\"https://t.co/0DWZMjlKGx\"\u003ehttps://t.co/0DWZMjlKGx\u003c/a\u003e\u003c/p\u003e\u0026mdash; Joe Lonsdale (@JTLonsdale) \u003ca href=\"https://twitter.com/JTLonsdale/status/1855055701980147920?ref_src=twsrc%5Etfw\"\u003eNovember 9, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003ePalantir, the secretive software company known for its work with government agencies, has seen its stock price shoot up more than 270% this year, \u003ca href=\"https://www.benzinga.com/24/11/42094248/trumps-return-boosts-palantir-national-security-bets-drive-140-billion-market-cap\"\u003epartly because of Trump's victory\u003c/a\u003e and the expectation of increased defense spending. With deep ties to government contracts and projects that align well with Trump's priorities, investors seem to be betting big on Palantir's future.\u003c/p\u003e\n\n\n\n\u003cp\u003eJoe Lonsdale, who left Palantir in 2009, still holds about a 1% stake in the company, which Forbes estimates is worth roughly $1 billion. Lonsdale, who's been \u003ca href=\"https://www.benzinga.com/general/politics/24/06/39557155/palantir-co-founders-thiel-lonsdale-back-trump-in-2024-election-id-rather-have-him-than-biden\"\u003evocal about his support for Trump's reelection\u003c/a\u003e, called this moment \u0026#8220;morning again in America\u0026#8221; and tweeted, \u0026#8220;Daddy\u0026#8217;s Home.\u0026#8221; Through his venture firm 8VC, he's invested in other defense and software companies, solidifying his role as a key figure.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: Deloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eStephen Cohen, who's still president of Palantir, owns about 1.5% of the company's shares. He and Lonsdale worked closely with Peter Thiel, Palantir's better-known cofounder and were part of Thiel's inner circle during the company\u0026#8217;s early days. Both men – in their early forties – now have significant fortunes due to their involvement in the company, all thanks to their early involvement and the recent surge in its value.\u003c/p\u003e\n\n\n\n\u003cp\u003ePalantir's recent stock jump hasn't just benefited Lonsdale and Cohen. The two other cofounders, \u003ca href=\"https://www.benzinga.com/markets/24/11/42028954/peter-thiel-says-trumps-60-china-tariff-would-be-very-very-bad-for-beijing-heres-whats-at-stake\"\u003ePeter Thiel\u003c/a\u003e and \u003ca href=\"https://www.benzinga.com/news/24/08/40437321/palantirs-alex-karp-defends-military-partnerships-stands-firm-on-pro-western-stance-report\"\u003eAlex Karp\u003c/a\u003e, have been billionaires for quite some time now. The company's valuation \u003ca href=\"https://www.benzinga.com/trading-ideas/long-ideas/24/11/42039361/palantir-soars-to-150b-market-cap-as-analysts-flag-risks-in-valuation-insider-sales\"\u003ereached a staggering $150 billion\u003c/a\u003e last week, fueled by increased revenues and strong government contracts, including a \u003ca href=\"https://www.benzinga.com/markets/equities/24/09/40957619/palantir-wins-deal-worth-multi-million-dollars-to-expand-maven-smart-system-across-us-army-air-f\"\u003enew $99.8 million deal\u003c/a\u003e that pushed its quarterly earnings to an all-time high. The fact that Palantir\u0026#8217;s most recent earnings report outperformed analyst estimates has only raised the excitement.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, the business has its detractors, as some analysts question Palantir\u0026#8217;s exorbitant price. With its market cap now higher than many of its peers in the tech sector and at 55 times its annual revenues, CEO Alex Karp and cofounder Thiel, who have been \u003ca href=\"https://www.benzinga.com/markets/equities/24/09/41063577/peter-thiel-offloads-over-1b-in-palantir-stock-in-2024-as-stock-more-than-doubles\"\u003eselling chunks of their stock\u003c/a\u003e since Trump's win, haven't exactly calmed these fears. Still, Palantir's unique role as a government contractor and a \u003ca href=\"https://www.benzinga.com/24/11/41936392/whats-going-on-with-palantir-stock-after-renewing-collaboration-with-rio-tinto\"\u003ecommercial AI leader\u003c/a\u003e keeps it in the spotlight.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42143996/daddys-home-palantir-creates-two-new-billionaires-after-trumps-win-both-own-less-than-2-stock-and-are-thiels-favorites","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Palantir32215763362-7f2339d8d2-k.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Palantir32215763362-7f2339d8d2-k.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Palantir32215763362-7f2339d8d2-k.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"PLTR"}],"tags":[{"name":"news access"},{"name":"Palantir"},{"name":"Peter Thiel"},{"name":"Startups Access"}]},{"id":42094231,"author":"Adam Eckert","created":"Wed, 20 Nov 2024 12:48:02 -0400","updated":"Wed, 20 Nov 2024 12:48:02 -0400","title":"Quantum Computing Stock Is Soaring Again: What's Going On?","teaser":"Quantum Computing Inc (NASDAQ:QUBT) shares are trading higher Wednesday after the company announced it received another purchase order for its photonic chip foundry.","body":"\u003cp\u003e\u003cstrong\u003eQuantum Computing Inc \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/QUBT#NASDAQ\"\u003eQUBT\u003c/a\u003e) shares are trading higher Wednesday after the company announced it received another purchase order for its \u003ca href=\"https://www.benzinga.com/pressreleases/24/11/n42087609/quantum-computing-inc-announces-second-purchase-order-for-tfln-photonic-chip-foundry-from-universi\"\u003ephotonic chip foundry\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Quantum Computing (QCi) received its second purchase order for its thin film lithium niobate (TFLN) photonic chip foundry from the\u0026nbsp;University of Texas at Austin.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe order will support research efforts for the University\u0026#8217;s RF Acoustic Microsystem Group as it works to advance chip-scale acoustic and cross-domain microsystems. The purchase is part of the QCi Foundry\u0026#8217;s pilot launch program. QCi expects to fulfill the order in the first quarter of 2025.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;This strategic collaboration with the\u0026nbsp;University of Texas at Austin\u0026nbsp;underscores the expanding capabilities and commercial viability of the QCi Foundry, which has been designed to meet the increasing demand for signal processing, sensing, and computing applications as well as advanced acoustic systems for volume deployment,\u0026#8221; said \u003cstrong\u003eWilliam McGann\u003c/strong\u003e, CEO of QCi. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We are excited to support the University\u0026#8217;s innovative research, and this collaboration further highlights the growing recognition of TFLN as a critical driver in the future of telecom, datacom, and quantum markets.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eLast week, QCi announced that it \u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/11/41953419/quantum-computing-shares-are-up-by-more-than-70-heres-what-you-need-to-know\"\u003esecured its first order\u003c/a\u003e for its TFLN photonic chip technology from a prominent research and technology institute based in Asia. QCi shares have more than tripled over the past month, per \u003ca href=\"http://pro.benzinga.com\"\u003eBenzinga Pro\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/tech/24/11/42086154/apple-to-argue-for-dismissal-of-doj-antitrust-case-over-alleged-us-smartphone-market-domination\"\u003eApple To Argue For Dismissal Of DOJ Antitrust Case Over Alleged US Smartphone Market Domination\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eQUBT Price Action:\u003c/strong\u003e \u003ca href=\"http://benzinga.com/quote/qubt\"\u003eQuantum Computing shares\u003c/a\u003e were up 24.8% at $3.16 at the time of publication, according to \u003ca href=\"http://pro.benzinga.com\"\u003eBenzinga Pro\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Quantum Cloud, courtesy of Nvidia.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/trading-ideas/movers/24/11/42094231/quantum-computing-stock-is-soaring-again-whats-going-on","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/20/quantum-cloud-image.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/20/quantum-cloud-image.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/20/quantum-cloud-image.jpeg"}],"channels":[{"name":"News"},{"name":"Movers"}],"stocks":[{"name":"QUBT"}],"tags":[{"name":"Retail Investor Stocks"},{"name":"why it's moving"}]},{"id":42152895,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 16:30:18 -0400","updated":"Sat, 23 Nov 2024 16:30:18 -0400","title":"Trump Plans DOJ Overhaul Including Firing of Jack Smith's Team","teaser":"Trump is preparing a sweeping plan to reshape the DOJ and direct the department to investigate claims that the 2020 election was rigged against him.","body":"\u003cp\u003ePresident-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e is preparing a sweeping plan to reshape the Department of Justice (DOJ) and direct the department to investigate claims that the 2020 election was rigged against him when he \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42027218/could-trumps-housing-plans-reshape-the-real-estate-market\"\u003eassumes office in January\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e According to a report, Trump plans to dismiss Special Counsel \u003cstrong\u003eJack Smith\u003c/strong\u003e and other DOJ employees who investigated allegations of voter fraud in the 2020 election, despite the lack of evidence supporting such claims.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe proposed changes come as Trump continues to challenge the legitimacy of President \u003cstrong\u003eJoe Biden\u003c/strong\u003e's victory. Trump's plans, aimed at targeting investigations into unfounded voter fraud claims, \u003ca href=\"https://www.washingtonpost.com/national-security/2024/11/22/trump-jack-smith-prosecutors-firing-justice-department-investigation/?utm_source=twitter\u0026amp;utm_medium=social\u0026amp;utm_campaign=wp_main\"\u003ereports\u003c/a\u003e The Washington Post.\u003c/p\u003e\n\n\n\n\u003cp\u003eSmith, who has been leading federal investigations into Trump's alleged attempts to overturn the 2020 election and his handling of classified documents, could see his tenure cut short under a second Trump administration. \u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to the report, Smith\u0026nbsp;has already announced that\u0026nbsp;he would resign from the department before Trump begins his second term, ending the election interference and classified documents cases against the president-elect.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump's legal troubles include multiple indictments, with some stemming from Smith's probes.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/24/11/41869001/heres-how-trumps-policies-might-shape-the-markets-future\"\u003eHere\u0026#8217;s How Trump\u0026#8217;s Policies Might Shape The Market\u0026#8217;s Future\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"President Trump campaigned on firing rogue bureaucrats who have engaged in the illegal weaponization of our American justice system, and the American people can expect he will deliver on that promise,\" press secretary \u003cstrong\u003eKaroline Leavitt\u003c/strong\u003e said in a statement.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe former president's proposed DOJ overhaul also involves investigating claims of election fraud that have been repeatedly debunked by courts and bipartisan officials. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Legal experts warn that using the DOJ to pursue baseless allegations risks undermining the department's credibility and its independence. Critics argue such actions could set a dangerous precedent by politicizing federal investigations to serve partisan interests.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump has made challenging the 2020 election results a central theme of his campaign. His rhetoric continues to resonate with supporters, while drawing criticism from opponents and legal scholars.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/40001426/trump-aims-to-make-us-crypto-capital-of-the-planet-well-get-it-done\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTrump Aims To Make US ‘Crypto Capital Of The Planet': ‘We'll Get It Done'\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42152895/trump-plans-doj-overhaul-including-firing-of-jack-smiths-team","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/trump-justice-shutter.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/trump-justice-shutter.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/trump-justice-shutter.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Top Stories"}],"stocks":[],"tags":[{"name":"2024 election"},{"name":"Department of Justice"},{"name":"Donald Trump"},{"name":"Jack Smith"},{"name":"Joe Biden"}]},{"id":42092632,"author":"Dylan Berman","created":"Wed, 20 Nov 2024 11:53:01 -0400","updated":"Wed, 20 Nov 2024 11:53:02 -0400","title":"What's Going On With Ford Stock Wednesday?","teaser":"Ford announced that it will cut about 14% of its European workforce.","body":"\u003cp\u003e\u003cstrong\u003eFord Motor Company\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/F#NYSE\"\u003eF\u003c/a\u003e) stock is trading lower on Wednesday. The automobile giant announced that it will cut about 14% of its European workforce. Here\u0026#8217;s what you \u003ca href=\"https://www.benzinga.com//node/42087686\"\u003eneed to know\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e According to Reuters, Ford is cutting some of its European personnel due to weak demand for electric vehicles and intensifying competition.\u003c/p\u003e\n\n\n\n\u003cp\u003eFord plans to eliminate around 4,000 positions, primarily in Germany and the United Kingdom. Although this accounts for 14% of Ford\u0026#8217;s European workforce, it represents roughly 2.3% of its global headcount.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company expects the layoffs to take place by the end of 2027.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis follows a wave of cost-cutting measures by other vehicle manufacturers, such as \u003cstrong\u003eNissan\u003c/strong\u003e, \u003cstrong\u003eStellantis N.V.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/STLA#NYSE\"\u003eSTLA\u003c/a\u003e) and \u003cstrong\u003eGeneral Motors Company\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GM#NYSE\"\u003eGM\u003c/a\u003e), driven by increasing competition from Chinese rivals and the fact that most consumers are priced out of the EV market.\u003c/p\u003e\n\n\n\n\u003cp\u003eFord\u0026#8217;s European sales for the first nine months of the year have fallen by 17.9%, a sharp contrast to the 6.1% decline across the industry.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company also points to insufficient government support for the transition to EVs, particularly in Germany, where EV subsidies ended in December. Sales of EVs in Germany dropped by 28.6% in the first nine months of this year.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Link: \u003ca href=\"https://www.benzinga.com/trading-ideas/technicals/24/11/42071715/lucid-forms-cross-as-gravity-suv-earnings-show-progress\"\u003eLucid Forms Cross As Gravity SUV, Earnings Show Progress\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eF Price Action:\u003c/strong\u003e At the time of writing, Ford shares are trading 1.95% lower at $10.84, per data from \u003ca href=\"https://www.benzinga.com/pro/\"\u003eBenzinga Pro\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage: Image via Shutterstock\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/trading-ideas/movers/24/11/42092632/whats-going-on-with-ford-stock-wednesday-2","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/20/Ford-Motor-Company-F.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/20/Ford-Motor-Company-F.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/20/Ford-Motor-Company-F.jpeg"}],"channels":[{"name":"News"},{"name":"Movers"}],"stocks":[{"name":"F"},{"name":"GM"},{"name":"STLA"}],"tags":[{"name":"why it's moving"}]},{"id":42127269,"author":"Erica Kollmann","created":"Thu, 21 Nov 2024 20:06:27 -0400","updated":"Thu, 21 Nov 2024 20:06:27 -0400","title":"Spirit Airlines CEO Gets $3.8 Million Bonus 1 Week Before Company Files Bankruptcy","teaser":"Spirit approved large retention bonuses for its top executives on Nov. 12, six days before the company announced the restructuring and filed for bankruptcy.","body":"\u003cp\u003eAccording to an SEC \u003ca href=\"https://www.sec.gov/ix?doc=/Archives/edgar/data/1498710/000095010324016405/dp220813_8k.htm\"\u003efiling\u003c/a\u003e, \u003cstrong\u003eSpirit Airlines, Inc.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SAVEQ#OTC\"\u003eSAVEQ\u003c/a\u003e) CEO \u003cstrong\u003eTed Christie\u003c/strong\u003e was paid a $3.8 million retention bonus just one week before the budget airline\u003ca href=\"https://www.benzinga.com/24/11/42032477/spirit-airlines-eyes-financial-stability-with-chapter-11-filing-and-equity-injection\"\u003e filed for bankruptcy. \u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Details: \u003c/strong\u003eSpirit Airlines \u003ca href=\"https://www.benzinga.com/pressreleases/24/11/n42030743/spirit-airlines-announces-comprehensive-agreement-to-deleverage-balance-sheet-and-position-the-com\"\u003efiled for\u003c/a\u003e Chapter 11 bankruptcy protection on Monday and announced a comprehensive balance sheet restructuring plan aimed at reducing its debt and allowing the airline to continue \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42083607/as-spirit-airlines-files-for-bankruptcy-experts-weigh-potential-impact-on-flight-prices-this-is-not-a-black-and-white-situation\"\u003eto operate\u003c/a\u003e through the bankruptcy process.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eSpirit's existing bondholders agreed to take a $350 million ownership position in a reorganized airline and erased $795 million of debt. They also agreed to provide $300 million of debt-in-possession financing, giving Spirit access to cash that will allow it to continue to pay employee wages and benefits through its reorganization.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/news/global/24/11/42101365/indian-billionaire-one-of-the-worlds-richest-men-indicted-for-alleged-250-million-bribery-scheme\"\u003e\u003cstrong\u003eIndian Billionaire, One Of The World\u0026#8217;s Richest Men, Indicted For Alleged $250 Million Bribery Scheme\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"This set of transactions will materially strengthen our balance sheet and position Spirit for the future while we continue executing on our strategic initiatives to transform our guest experience, providing new enhanced travel options, greater value and increased flexibility,\" Christie said. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe troubled airline also saw its stock delisted from the New York Stock Exchange (the ticker was SAVE) and is now trading in the over-the-counter marketplace. Spirit disclosed the shares are expected to be canceled and will have no value when the reorganization process is completed. \u003c/p\u003e\n\n\n\n\u003cp\u003eSpirit \u003ca href=\"https://www.sec.gov/ix?doc=/Archives/edgar/data/1498710/000095010324016405/dp220813_8k.htm\"\u003eapproved\u003c/a\u003e large retention bonuses for its top executives on Nov. 12, six days before the company announced the restructuring and filed for bankruptcy. CEO Christie\u0026#8217;s retention bonus was $3.8 million, which he gets to keep if he remains with the company for another year. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead More:\u0026nbsp;\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/general/social-media/24/11/42119493/rumble-eyes-buying-bitcoin-could-it-be-the-next-microstrategy\"\u003e\u003cstrong\u003eRumble CEO Considers Bitcoin Investment, Engages Michael Saylor As Shares Rally\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Courtesy of Spirit Airlines, Inc.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/travel/24/11/42127269/spirit-airlines-ceo-gets-3-8-million-bonus-1-week-before-company-files-bankruptcy","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/SAVE-Spirit-Airlines.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/SAVE-Spirit-Airlines.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/SAVE-Spirit-Airlines.jpeg"}],"channels":[{"name":"News"},{"name":"Travel"},{"name":"Management"},{"name":"General"}],"stocks":[{"name":"SAVE"},{"name":"SAVEQ"}],"tags":[{"name":"airline"},{"name":"airlines"},{"name":"Compensation"},{"name":"Ted Christie"}]},{"id":42151315,"author":"Ananya Gairola","created":"Sat, 23 Nov 2024 02:48:12 -0400","updated":"Sat, 23 Nov 2024 02:48:13 -0400","title":"Meta Faces Multibillion-Dollar Lawsuit As Supreme Court Dismisses Appeal In Cambridge Analytica Data Scandal","teaser":"Meta Platforms faces a multibillion-dollar lawsuit after the U.S. Supreme Court dismissed its appeal over the Cambridge Analytica data scandal, potentially leading to a $2 billion settlement.","body":"\u003cp\u003e\u003cstrong\u003eMeta Platforms Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/META#NASDAQ\"\u003eMETA\u003c/a\u003e) is set to face a multibillion-dollar lawsuit following the \u003ca href=\"https://www.benzinga.com/general/social-media/24/06/39259832/metas-legal-battle-over-cambridge-analytica-scandal-heads-to-supreme-court\"\u003edismissal of its appeal\u003c/a\u003e by the U.S. Supreme Court over the \u003cstrong\u003eCambridge Analytica\u003c/strong\u003e data scandal.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The Supreme Court, which heard arguments on Meta's appeal on Nov. 6, gave no explanation for the dismissal.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIt only stated that the case was being \"dismissed as improvidently granted,\" \u003ca href=\"https://www.bloomberg.com/news/articles/2024-11-22/facebook-appeal-over-shareholder-suit-dropped-by-supreme-court?srnd=phx-technology\"\u003ereported\u003c/a\u003e Bloomberg.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThis dismissal increases the likelihood of \u003cstrong\u003eMark Zuckerberg's\u003c/strong\u003e Meta facing a costly settlement, potentially as large as $2 billion, according to Bloomberg Intelligence analyst \u003cstrong\u003eMatthew Schettenhelm\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn a statement, Meta has expressed disappointment and maintained that the plaintiff\u0026#8217;s claims are baseless. \"We will continue to defend ourselves as this case is considered by the district court.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/24/11/42053396/why-chinese-tech-giants-alibaba-bytedance-and-meituan-are-expanding-their-ai-footprints-in-silicon-valley-amid-us-efforts-to-block-progress?itm_source=parsely-api\"\u003eChina\u0026#8217;s Tech Giants Alibaba, ByteDance, And Meituan Are Expanding Their Silicon Valley AI Footprints Amid US Efforts To Block Progress\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eMeta is accused of misleading shareholders about the risks associated with the 2018 Cambridge Analytica scandal, involving the unauthorized use of personal data from over 30 million users.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe shareholders argue that revelations about the breach eventually led to two 2018 price drops that cost the company more than $200 billion in market value.\u003c/p\u003e\n\n\n\n\u003cp\u003eMeta did not immediately respond to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga\u0026#8217;s\u003c/a\u003e request for a statement.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Meta faced another legal setback in October when a U.S. District Judge rejected the company's attempt to dismiss claims made in two separate lawsuits filed by U.S. states.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe lawsuits accused \u003ca href=\"https://www.benzinga.com/news/24/10/41349398/mark-zuckerbergs-meta-to-face-lawsuits-over-teen-social-media-addiction-judge-rejects-dismissal-moti\"\u003eMeta of contributing to mental health\u003c/a\u003e issues among teenagers by making its platforms addictive.\u003c/p\u003e\n\n\n\n\u003cp\u003eMoreover, shareholder lawsuits have been a common occurrence in the tech industry. For instance, In October \u003cstrong\u003eAlibaba Group \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/BABA#NYSE\"\u003eBABA\u003c/a\u003e) agreed to a $433.5 million settlement in a class-action l\u003ca href=\"https://www.benzinga.com/markets/equities/24/10/41559403/alibaba-agrees-to-433-5m-settlement-in-shareholder-class-action-lawsuit\"\u003eawsuit filed by its shareholders\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eSimilarly, \u003cstrong\u003eTilray Brands Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TLRY#NASDAQ\"\u003eTLRY\u003c/a\u003e) also \u003ca href=\"https://www.benzinga.com/news/legal/24/11/42015978/shareholder-lawsuit-challenges-tilrays-voting-tactics-for-authorized-share-increase\"\u003efaced a shareholder lawsuit\u003c/a\u003e accusing the company of misleading voting practices.\u003c/p\u003e\n\n\n\n\u003cp\u003eCurrently, the Supreme Court is also reviewing an appeal by \u003ca href=\"https://www.benzinga.com/news/legal/24/11/41960485/nvidias-crypto-past-returns-to-haunt-as-supreme-court-signals-green-light-for-lawsuit\"\u003eNvidia Corporation\u003c/a\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e), which faces a lawsuit alleging it \u003ca href=\"https://www.benzinga.com/news/legal/24/11/41960485/nvidias-crypto-past-returns-to-haunt-as-supreme-court-signals-green-light-for-lawsuit\"\u003emisled shareholders about\u003c/a\u003e its dependence on crypto-mining revenue ahead of a market crash.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action: \u003c/strong\u003eMeta\u0026#8217;s shares dropped 0.7% on Friday, ending the day at $559.14. In after-hours trading, the stock gained 0.098%, reaching $559.69 as of this writing, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003edata from Benzinga Pro\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42132292/mark-zuckerbergs-meta-takes-on-64b-pig-butchering-scams-targeting-people-through-dating-apps-social-media-crypto-investing-and-other-apps\"\u003eMark Zuckerberg\u0026#8217;s Meta Cracks Down On $64B \u0026#8216;Pig Butchering\u0026#8217; Scams Involving Dating Apps, Social Media And Crypto Investing\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Shutterstock\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/24/11/42151315/meta-faces-multibillion-dollar-investor-suit-as-supreme-court-drops-appeal-in-cambridge-analytica-data-scandal","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Meta-Platforms-Inc-.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Meta-Platforms-Inc-.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Meta-Platforms-Inc-.jpeg"}],"channels":[{"name":"News"},{"name":"Legal"},{"name":"Markets"},{"name":"Tech"},{"name":"Media"}],"stocks":[{"name":"BABA"},{"name":"META"},{"name":"NVDA"},{"name":"TLRY"}],"tags":[{"name":"Cambridge Analytica"},{"name":"Mark Zuckerberg"},{"name":"Stories That Matter"},{"name":"Supreme Court"}]},{"id":42151510,"author":"Ananya Gairola","created":"Sat, 23 Nov 2024 04:51:54 -0400","updated":"Sat, 23 Nov 2024 04:51:55 -0400","title":"Jensen Huang's Nvidia Fast-Tracks Samsung's AI Memory Certification As AI Giant Looks To Catch Up To Demand","teaser":"Nvidia is accelerating the certification process for Samsung\u0026#39;s AI memory chips, evaluating advanced HBM3E offerings amid competition from SK Hynix and Micron.","body":"\u003cp\u003e\u003cstrong\u003eNvidia Corporation\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e) is expediting the certification process of \u003cstrong\u003eSamsung Electronic Co.\u0026#8217;s\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SSNLF#OTC\"\u003eSSNLF\u003c/a\u003e) AI memory chips.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e This information was confirmed by Nvidia\u0026#8217;s CEO, \u003cstrong\u003eJensen Huang\u003c/strong\u003e, at an event at the Hong Kong University of Science and Technology on Saturday, \u003ca href=\"https://www.bloomberg.com/news/articles/2024-11-23/nvidia-working-as-fast-as-it-can-to-certify-samsung-s-ai-memory?srnd=homepage-asia\"\u003ereported\u003c/a\u003e Bloomberg.\u003c/p\u003e\n\n\n\n\u003cp\u003eHuang said that Nvidia is evaluating both 8-high and 12-high \u003cstrong\u003eHBM3E\u003c/strong\u003e offerings from Samsung.\u003c/p\u003e\n\n\n\n\u003cp\u003eNotably, the Nvidia CEO did not include Samsung in the list of major partners he mentioned during a post-earnings call with analysts earlier this week.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also:\u0026nbsp;\u003ca href=\"https://www.benzinga.com/24/11/42103355/nvidias-blackwell-set-to-outpace-hopper-heres-what-ceo-jensen-huang-predicted-for-2025\"\u003eNvidia\u0026#8217;s Blackwell Set To Outpace Hopper? Here\u0026#8217;s What CEO Jensen Huang Predicts For 2025\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAt that time, Huang highlighted the impressive list of partners including \u003cstrong\u003eTaiwan Semiconductor Manufacturing Company Ltd. \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSM#NYSE\"\u003eTSM\u003c/a\u003e), \u003cstrong\u003eAmphenol\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/APH#NYSE\"\u003eAPH\u003c/a\u003e), \u003cstrong\u003eSK Hynix \u003c/strong\u003e(OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/HXSCF#OTC\"\u003eHXSCF\u003c/a\u003e), \u003cstrong\u003eFoxconn,\u003c/strong\u003e \u003cstrong\u003eMicron Technology Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MU#NYSE\"\u003eMU\u003c/a\u003e), and \u003cstrong\u003eDell Technologies\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DELL#NYSE\"\u003eDELL\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia reported \u003ca href=\"https://www.benzinga.com/24/11/42099904/nvidia-q3-earnings-highlights\"\u003ethird-quarter revenue\u003c/a\u003e of $35.1 billion, a 94% increase year-over-year, surpassing the Street consensus estimate of $33.12 billion, according to data\u003ca href=\"https://www.benzinga.com/pro/?utm_source=BZprocontent112024\u0026amp;t=be2bearmibe3na1\"\u003e from Benzinga Pro.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSubscribe to the\u0026nbsp;\u003c/em\u003e\u003ca href=\"https://bztechtrends.beehiiv.com/subscribe\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cem\u003eBenzinga Tech Trends newsletter\u003c/em\u003e\u003c/a\u003e\u003cem\u003e\u0026nbsp;to get all the latest tech developments delivered to your inbox.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters: \u003c/strong\u003eThis development follows \u003ca href=\"https://www.benzinga.com/markets/equities/24/07/39924480/nvidia-greenlights-samsungs-high-bandwidth-memory-chips-for-ai-chips-in-china-report\"\u003eNvidia\u0026#8217;s initial approval\u003c/a\u003e of Samsung\u0026#8217;s fourth-generation high bandwidth memory in July.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis marked the first time Nvidia approved the use of Samsung's \u003cstrong\u003eHBM3\u003c/strong\u003e chips, albeit for a less advanced Nvidia graphics processing unit (GPU), the \u003cstrong\u003eH20\u003c/strong\u003e, specifically designed for the Chinese market.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, Samsung\u0026#8217;s delay in obtaining Nvidia\u0026#8217;s certification for AI memory chips has given competitors SK Hynix and Micron an \u003ca href=\"https://www.benzinga.com/markets/asia/24/10/41645191/samsung-profits-soar-but-companys-nvidia-ai-chip-race-lag-allows-sk-hynix-micron-to-take-the-lead-in\"\u003eedge in the high-bandwidth memory\u003c/a\u003e market.\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia\u0026#8217;s new Blackwell AI chips are reportedly \u003ca href=\"https://www.benzinga.com/24/11/42028342/blackwell-backfires-nvidias-ai-chips-struggle-with-server-overheating-impacting-meta-microsoft-and-musks-xai-data-centers\"\u003efacing overheating problems\u003c/a\u003e. When asked about it during the earnings call, Huang sidestepped the question and instead highlighted that the supply levels surpassed initial expectations.\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia\u0026#8217;s CFO, \u003cstrong\u003eColette Kress\u003c/strong\u003e, also said the company \u003ca href=\"https://www.benzinga.com/24/11/42103355/nvidias-blackwell-set-to-outpace-hopper-heres-what-ceo-jensen-huang-predicted-for-2025\"\u003eshipped 13,000 GPU samples\u003c/a\u003e in the third quarter, including one of the first \u003cstrong\u003eBlackwell DGX \u003c/strong\u003esamples to \u003cstrong\u003eOpenAI\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Blackwell demand is staggering, and we are racing to scale supply to meet the incredible demand customers are placing on us,\u0026#8221; Kress stated during the call.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e Nvidia shares dropped 3.22% on Friday, closing at $141.95, and saw a further decline of 0.13% in after-hours trading, reaching $141.77 as of the latest update, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro data\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Consumer Tech coverage by\u0026nbsp;\u003c/em\u003e\u003ca href=\"https://www.benzinga.com/topic/consumer-tech\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cem\u003efollowing this link\u003c/em\u003e\u003c/a\u003e\u003cem\u003e.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/24/11/42086596/jensen-huang-says-building-nvidia-was-a-million-times-harder-than-he-expected\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cstrong\u003eJensen Huang Says Building Nvidia Was A ‘Million Times Harder\u0026#8217; Than He Expected\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Shutterstock\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/media/24/11/42151510/jensen-huangs-nvidia-fast-tracks-samsungs-ai-memory-certification-as-ai-giant-looks-to-catch-up-to-demand","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Nvidia-revenue.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Nvidia-revenue.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Nvidia-revenue.jpeg"}],"channels":[{"name":"News"},{"name":"Tech"},{"name":"Media"}],"stocks":[{"name":"APH"},{"name":"DELL"},{"name":"HXSCF"},{"name":"MU"},{"name":"NVDA"},{"name":"SSNLF"},{"name":"TSM"}],"tags":[{"name":"AI Chips"},{"name":"artificial intelligence"},{"name":"benzinga neuro"},{"name":"Consumer Tech"},{"name":"HBM3E"},{"name":"Jensen Huang"},{"name":"Stories That Matter"}]},{"id":42105704,"author":"Anan Ashraf","created":"Thu, 21 Nov 2024 05:05:08 -0400","updated":"Thu, 21 Nov 2024 05:05:09 -0400","title":"SpaceX CEO Elon Musk Reveals Technical Glitch That Led Company To Drop Key Objective Of Starship's 6th Test Flight","teaser":"SpaceX chose not to catch Starship\u0026#39;s booster with the launch tower on its sixth test flight, instead opting for a splashdown in the Gulf of Mexico.","body":"\u003cp\u003e\u003cstrong\u003eSpaceX\u003c/strong\u003e decided not to catch Starship\u0026#8217;s booster with the launch tower at Starbase on the rocket\u0026#8217;s \u003ca href=\"https://www.benzinga.com/general/space/24/11/42079270/elon-musk-hails-starships-milestone-splashdown-as-trump-watches-one-more-ocean-landing-before-spacex-attempt-to-catch-the-ship-with-the-tower\"\u003esixth test flight\u003c/a\u003e earlier this week as it lost communication with the launch tower computer, company CEO \u003cstrong\u003eElon Musk\u003c/strong\u003e said on Wednesday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened: \u003c/strong\u003e\u0026#8220;Lost comms to the launch tower computer. Catch would probably still have worked, but we weren\u0026#8217;t sure, so erred on the side of caution,\u0026#8221; Musk wrote on social media platform \u003cstrong\u003eX\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eLost comms to the launch tower computer. Catch would probably still have worked, but we weren\u0026#39;t sure, so erred on the side of caution.\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859305986760245641?ref_src=twsrc%5Etfw\"\u003eNovember 20, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe sixth test flight of the Starship launched from Starbase on Nov. 19.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe booster lifted off but instead of returning it to the launch site as planned to be captured by the launch tower, the company chose to splash it down in the Gulf of Mexico where it subsequently exploded.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Automated health checks of critical hardware on the launch and catch tower triggered an abort of the catch attempt,\u0026#8221; \u003ca href=\"https://www.benzinga.com/24/11/42104477/elon-musks-spacex-booster-catch-falls-short-of-full-success-during-starship-test-with-trump-in-attendance\"\u003eSpaceX said\u003c/a\u003e about the decision.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Starship spacecraft went in to space after separation from the booster, reentered Earth, and splashed down in the Indian Ocean.\u003c/p\u003e\n\n\n\n\u003cp\u003eSpaceX demonstrated its ability to catch the Starship booster back at the launch tower \u003ca href=\"https://www.benzinga.com/news/24/10/41317860/elon-musk-went-from-examining-debris-from-falcon-1-flight-to-spacex-successfully-catching-booster-of\"\u003eduring its last flight test in October.\u003c/a\u003e The move is significant for the company\u0026#8217;s vision of reusing the booster.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We just passed 400 launches on Falcon (the company\u0026#8217;s other launch vehicle), and I would not be surprised if we fly 400 Starship launches in the next four years,\u0026#8221; SpaceX President and COO \u003cstrong\u003eGwynne Shotwell\u003c/strong\u003e said at the Baron Investment Conference in New York last week. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eFuture Flights:\u003c/strong\u003e For the upcoming flight test, SpaceX will attempt to land the Starship spacecraft in the ocean yet again. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We will do one more ocean landing of the ship. If that goes well, then SpaceX will attempt to catch the ship with the tower,\u0026#8221; Musk said on Tuesday.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eSuccessful ocean landing of Starship!\u003cbr\u003e\u003cbr\u003eWe will do one more ocean landing of the ship. If that goes well, then SpaceX will attempt to catch the ship with the tower. \u003ca href=\"https://t.co/osFud7XXPo\"\u003ehttps://t.co/osFud7XXPo\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859036912348262787?ref_src=twsrc%5Etfw\"\u003eNovember 20, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eSpaceX is aiming to make the Starship wholly reusable by landing both stages of the rocket back at Starbase after a launch.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company\u0026#8217;s workhorse- the Falcon 9 rocket- is only partially reusable. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters: \u003c/strong\u003eStarship is SpaceX\u0026#8217;s most ambitious launch vehicle. \u003c/p\u003e\n\n\n\n\u003cp\u003eNASA\u0026#8217;s Artemis 3 mission slated to launch no earlier than September 2026 is expected to enable humans to land back on the surface of the moon with the help of the Starship human landing system. The last time humans set foot on the Moon was in 1972\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/01/36692749/just-a-worse-version-of-apollo-elon-musk-baffled-by-nasa-veterans-push-to-ditch-spacex-blue-origin-a\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewith Apollo 17\u003c/a\u003e. Since then, no crew has traveled beyond low-Earth orbit.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk, meanwhile, is eyeing\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/09/40770222/elon-musk-sets-2026-for-starships-first-uncrewed-mars-mission-targeting-successful-landing\" target=\"_blank\" rel=\"noreferrer noopener\"\u003etaking humans to Earth\u0026#8217;s neighboring planet Mars\u003c/a\u003e\u0026nbsp;aboard the Starship. In September, he said that the first Starship launch to Mars is expected in 2026 and that it will not have a crew on board.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, the Starship has yet to carry any payload to space.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile SpaceX is currently a privately held company, investors can leverage \u003cstrong\u003eDestiny Tech100 Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DXYZ#NYSE\"\u003eDXYZ\u003c/a\u003e) to participate in the Musk-led space company's growth. According to data from \u003ca href=\"http://pro.benzinga.com\"\u003eBenzinga Pro\u003c/a\u003e, DXYZ has gained over 320% year-to-date.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga\u0026#8217;s Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42058338/byd-makes-a-million-nevs-in-less-than-2-months\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBYD Makes A Million NEVs In Less Than 2 Months After Beating Tesla For The First Time Since 2022 In Quarterly Revenue\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: SpaceX\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/space/24/11/42105704/spacex-ceo-elon-musk-reveals-technical-glitch-that-led-company-to-drop-key-objective-of-starships-6th-test-flight","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/SpaceX-Starship_0.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/SpaceX-Starship_0.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/SpaceX-Starship_0.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Tech"}],"stocks":[{"name":"DXYZ"}],"tags":[{"name":"Elon Musk"},{"name":"Gwynne Shotwell"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]},{"id":42025443,"author":"Anan Ashraf","created":"Sun, 17 Nov 2024 02:21:01 -0400","updated":"Sun, 17 Nov 2024 04:04:57 -0400","title":"Elon Musk Reacts After Brazilian President's Wife Swears At Tesla CEO: 'They Will Lose The Next Election'","teaser":" ","body":"\u003cp\u003eBrazil's first Lady \u003cstrong\u003eRosangela da Silva\u003c/strong\u003e reportedly swore at \u003cstrong\u003eTesla Inc\u003c/strong\u003e CEO \u003cstrong\u003eElon Musk\u003c/strong\u003e at an event in Rio de Janeiro on Saturday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e \"F\u0026#8212; you, Elon Musk,\" she said while talking about the need to regulate social media, Bloomberg \u003ca href=\"https://www.bloomberg.com/news/articles/2024-11-17/lula-s-wife-curses-out-elon-musk-on-eve-of-brazil-s-g-20?srnd=homepage-canada\"\u003ereported\u003c/a\u003e. \u003c/p\u003e\n\n\n\n\u003cp\u003eMusk responded to the snippet of the First Lady\u0026#8217;s speech on social media platform X and said, \u0026#8220;They will lose the next election.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eRosangela da Silva is the wife of President \u003cstrong\u003eLuiz Inacio Lula da Silva \u003c/strong\u003eof the Workers\u0026#8217; Party who won against Jair Bolsonaro in 2022. Brazil\u0026#8217;s next Presidential election is slated for 2026.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Brazil \u003ca href=\"https://www.benzinga.com/news/24/09/40680467/after-x-ban-elon-musks-starlink-defies-brazilian-court-order-to-block-social-media-platform\"\u003ebanned Musk-owned social media platform X\u003c/a\u003e earlier this year after it failed to ban profiles that the government claimed were spreading misinformation. \u003c/p\u003e\n\n\n\n\u003cp\u003eMusk subsequently resorted to namecalling Brazilian Supreme Court Justice\u0026nbsp;\u003cstrong\u003eAlexandre de Moraes\u003c/strong\u003e on X, referring to him as a \u0026#8220;criminal wearing judges robes like a Halloween costume.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003e\"The world is not obliged to put up with Musk\u0026#8217;s far-right ideology just because he is rich,\" President\u003cstrong\u003e\u0026nbsp;\u003c/strong\u003eda Silva\u003ca href=\"https://www.benzinga.com/news/24/09/40678732/just-because-elon-musk-is-rich-the-world-doesnt-have-to-put-up-with-his-far-right-ideology-says-braz\"\u003e said in September about Musk. \u003c/a\u003e \u003c/p\u003e\n\n\n\n\u003cp\u003eX was restored in Brazil in October after X complied with the judge\u0026#8217;s demands. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/general/space/24/11/42025066/elon-musks-spacex-delays-starship-test-flight-next-attempt-now-set-for-tuesday\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eElon Musk\u0026#8217;s SpaceX Delays Starship Test Flight, Next Attempt Now Set For Tuesday\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage via Shutterstock\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42025443/elon-musk-reacts-after-brazilian-presidents-wife-swears-at-tesla-ceo-they-will-lose-the-next-lection","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/17/Elon-Musk-Says-The-Prophecy-Has-Been-Ful_0.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/17/Elon-Musk-Says-The-Prophecy-Has-Been-Ful_0.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/17/Elon-Musk-Says-The-Prophecy-Has-Been-Ful_0.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"General"}],"stocks":[],"tags":[{"name":"Alexandre de Moraes"},{"name":"brazil"},{"name":"Elon Musk"},{"name":"Rosangela da Silva"}]},{"id":42140065,"author":"Adrian Volenik","created":"Fri, 22 Nov 2024 11:15:55 -0400","updated":"Fri, 22 Nov 2024 11:15:55 -0400","title":"With Musk And Ramaswamy Preparing To Slash Entire Government Agencies, Here's Which Departments Employ The Most Americans And Their Salaries","teaser":" ","body":"\u003cp\u003eElon Musk and \u003ca href=\"https://www.benzinga.com/startups/24/11/42038767/im-one-of-you-how-anti-woke-warrior-vivek-ramaswamy-became-a-billionaire-at-only-38\"\u003eVivek Ramaswamy\u003c/a\u003e have been appointed to lead a new \u003ca href=\"https://www.benzinga.com/news/24/11/42026862/musk-and-ramaswamy-seek-spending-cut-wins-where-others-failed\"\u003egovernment-efficiency commission\u003c/a\u003e created by Donald Trump. The stated goal is to cut government spending and one approach being considered involves reducing or eliminating certain federal agencies.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCan you guess how many Americans successfully retire with $1,000,000 saved?\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/1milsaved\"\u003e\u003cstrong\u003e The percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThe global games market is projected to generate $272B by the end of the year —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/gameflip\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003efor $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAs Business Insider reports, while Ramaswamy expects to \u0026#8220;delete\u0026#8221; whole government agencies, Musk emphasized that the plan is not to leave people without support but to streamline the federal workforce in areas they consider \u0026#8220;bloated.\u0026#8221; He has mentioned the possibility of offering severance packages of up to two years\u0026#8217; pay to those affected.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to official government data, 2,278,730 Americans worked for the federal government as of March 2024. Some departments are significantly larger than others. For example, the \u003ca href=\"https://www.benzinga.com/24/11/42021130/with-doug-collins-as-va-leader-whats-next-for-cannabis-and-psychedelics-in-veterans-healthcare\"\u003eDepartment of Veterans Affairs\u003c/a\u003e employs nearly half a million people, while the Department of Education has just over 4,000 employees. Within the Treasury Department, most of the 100,000+ employees work for the Internal Revenue Service (IRS).\u003c/p\u003e\n\n\n\n\u003cp\u003eDepartments with more than 100,000 employees:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eDepartment of Veterans Affairs (486,522)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Homeland Security (222,539)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of the Army (221,037)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of the Navy (216,537) \u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of the Air Force (168,505)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Defense (156,803)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Justice (116,614)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of the Treasury (108,869)\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003c/strong\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eMany federal workers earn competitive salaries, with most departments offering six-figure averages. The Department of Education \u003ca href=\"https://www.benzinga.com/markets/equities/24/09/40963177/us-department-of-energy-to-invest-3b-in-battery-production\"\u003eand Energy\u003c/a\u003e tend to have the highest average salaries among government agencies, at $144,561 and $143,486, respectively.\u003c/p\u003e\n\n\n\n\u003cp\u003eDepartments with the highest average salary:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eDepartment of Education ($144,561)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Energy ($143,486)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Transportation ($139,474)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Housing and Urban Development ($134,503)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of State ($132,587)\u003c/li\u003e\n\n\n\n\u003cli\u003eDepartment of Health and Human Services ($130,117)\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eThis is not the first time a commission like this has been formed. According to Business Insider, Ronald Reagan had the Grace Commission in the 1980s, which aimed to find waste and inefficiencies in federal spending. However, it is important to note that Musk and Ramaswamy\u0026#8217;s new effort does not have the authority to make these changes on its own – it will need Congress to back its recommendations.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eWe are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE. We don't need more part-time idea generators. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. If that's…\u003c/p\u003e\u0026mdash; Department of Government Efficiency (@DOGE) \u003ca href=\"https://twitter.com/DOGE/status/1857076831104434289?ref_src=twsrc%5Etfw\"\u003eNovember 14, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eTo fulfill their goals, \u003ca href=\"https://www.benzinga.com/news/24/11/41998717/elon-musk-and-vivek-ramaswamy-are-looking-for-high-iq-small-government-revolutionaries-who-are-willing-to-put-in-80-hours-at-doge\"\u003eMusk and Ramaswamy are seeking\u003c/a\u003e \u0026#8220;super high-iQ small-government revolutionaries\u0026#8221; to help reduce federal inefficiencies under President-elect Donald Trump. DOGE\u0026#8217;s official account on X posted a call for applicants willing to work 80+ hours a week to streamline government spending and cut bureaucracy. Interested candidates are encouraged to DM their CVs, with Musk and Ramaswamy supposedly personally reviewing the top 1% of applicants.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Musk and Ramaswamy\u0026#8217;s approach aims to make the government \u0026#8220;leaner\u0026#8221; and potentially more efficient, there are significant concerns regarding the impact of such drastic cuts. Eliminating entire agencies could result in disruptions to essential public services, affecting everything from health care to education to veterans\u0026#8217; support. The loss of federal jobs could also have a broader economic impact, particularly in regions where government employment forms a significant part of the local economy.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eStudies show 50% of consumers think Financial Advisors cost much more than they do —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/money-pickle\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eto debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42140065/with-musk-and-ramaswamy-preparing-to-slash-entire-government-agencies-heres-which-departments-employ-the-most-americans-and-their-salaries","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Musk-and-Ramaswamys-Agenda.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Musk-and-Ramaswamys-Agenda.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Musk-and-Ramaswamys-Agenda.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"Elon Musk"},{"name":"news access"},{"name":"Startups Access"},{"name":"Vivek Ramaswamy"}]},{"id":42153039,"author":"Adrian Volenik","created":"Sat, 23 Nov 2024 18:30:16 -0400","updated":"Sat, 23 Nov 2024 18:30:17 -0400","title":"'Bizarro World' – People Are Really Confused By Elon Musk Praising Argentina's Javier Milei Slashing Import Taxes","teaser":" ","body":"\u003cp\u003eElon Musk sparked confusion online yet again – this time with his take on Argentina's new import tax cuts. Recently, Argentina\u0026#8217;s President-elect Javier Milei announced a major policy change to reduce taxes on imports.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/halcium\"\u003e\u003cstrong\u003e With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAs part of his economic reform plan, Milei wants to make imported goods more affordable. Starting in December, he will raise the tax-free limit on international purchases from $1,000 to $3,000. Personal imports will also get a tariff exemption of up to $400. This move is meant to open up the economy and make things easier for shoppers in Argentina.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eElon Musk seemed to think so. In response to a tweet discussing Milei\u0026#8217;s idea, he expressed his support for the tax cut by simply saying, \u0026#8220;Good move.\u0026#8221;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eGood move \u003ca href=\"https://t.co/lrIevpBU3l\"\u003ehttps://t.co/lrIevpBU3l\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1857698387371397241?ref_src=twsrc%5Etfw\"\u003eNovember 16, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe tweet caught a lot of attention as many people quickly called Musk out for what they saw as mixed signals – supporting a policy in Argentina that seems opposite to the \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs\"\u003eU.S. import tariffs promoted by Donald Trump\u003c/a\u003e, whom Musk has also publicly supported.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor instance, one user tweeted, \u0026#8220;You supported the presidential campaign of the guy advocating for the largest tariff hike in modern U.S. history, lmao.\u0026#8221; Another wrote, \u0026#8220;Import taxes = tariffs. You support cutting them elsewhere and raising them here? Shameful hypocrisy.\u0026#8221; Alex Cole added to the discourse, writing, \u0026#8220;So removing tariffs is a good move and Donald Trump adding tariffs is also a good move? Bizarro world.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: This Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eDifferent Countries, Different Needs?\u003c/h2\u003e\n\n\n\n\u003cp\u003eNot everyone saw it as straight-up hypocrisy. Some X users argued that Musk's take could be valid if viewed in the context of Argentina's economy compared to the U.S.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/24/01/36597688/argentinas-inflation-was-around-200-in-2023-and-it-could-get-worse-in-2024-new-leadership-says-it-wi\"\u003eArgentina is dealing with hyperinflation\u003c/a\u003e and a major recession, so reducing import taxes might be a much-needed lifeline to help people afford basic goods. Dan Victor, a CFA, commented, \u0026#8220;It\u0026#8217;s different for the world\u0026#8217;s largest economy compared to one suffering from a deep recession and hyperinflation.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eAnother user pointed out that different countries might use different tools for different reasons. \u0026#8220;Start by studying comparative economic policy. Then, once you understand that two completely different countries/economies implementing different policies is normal, this should make a little more sense.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile some felt Musk was inconsistent, others believed his opinion could make sense given the drastically different economic situations of Argentina and the United States. The U.S. has a massive, stable economy, whereas Argentina is struggling to stabilize itself amid economic turmoil.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003e‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eYou can invest TODAY for just $0.26/share with a $1000 minimum.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42153039/bizarro-world-people-are-really-confused-by-elon-musk-praising-argentinas-javier-milei-slashing-import-taxes","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Musks-Appointment.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Musks-Appointment.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Musks-Appointment.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"Elon Musk"},{"name":"news access"},{"name":"Startups Access"}]},{"id":42151383,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 03:27:44 -0400","updated":"Sat, 23 Nov 2024 03:41:52 -0400","title":"Elon Musk's SpaceX Secures New Moon Mission Contract After Starship's Successful 6th Test Flight","teaser":"Elon Musk-led SpaceX\u0026#39;s Starship has been chosen by Lunar Outpost to deliver its new moon rover, Eagle, to the lunar surface.","body":"\u003cp\u003eIn a significant development for lunar exploration, \u003cstrong\u003eElon Musk-led\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003eSpaceX\u003c/strong\u003e\u0026#8216;s \u003ca href=\"https://www.benzinga.com/topic/starship\"\u003eStarship\u003c/a\u003e has been chosen by\u0026nbsp;\u003cstrong\u003eLunar Outpost\u003c/strong\u003e\u0026nbsp;to deliver its new moon rover, Eagle, to the lunar surface.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: This comes after a successful suborbital test flight of the 400-foot-tall Starship from Texas, marking its sixth flight.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Having experienced the recent groundbreaking\u0026nbsp;Starship test flight firsthand, we\u0026#8217;re\u0026nbsp;confident that SpaceX is advancing\u0026nbsp;the most capable launch system\u0026nbsp;ever created and will successfully\u0026nbsp;land our Eagle vehicles on\u0026nbsp;the surface of the moon,\" said \u003cstrong\u003eJustin Cyrus\u003c/strong\u003e, founder and CEO of Lunar Outpost.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis contract is a crucial step for Lunar Outpost\u0026#8217;s mission to establish\u0026nbsp;a sustainable human presence in\u0026nbsp;space.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company is collaborating with \u003cstrong\u003eLeidos\u003c/strong\u003e, \u003cstrong\u003eMDA Space\u003c/strong\u003e, \u003cstrong\u003eGoodyear\u003c/strong\u003e, and \u003cstrong\u003eGeneral Motors\u003c/strong\u003e on the Eagle Rover.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe \u0026#8220;Lunar Dawn\u0026#8221; team, including Lunar Outpost, is one of three private groups selected by NASA to develop a version of the Lunar Terrain Vehicle (LTV) for the Artemis program.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also:\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42081589/tesla-electric-offers-unlimited-overnight-charging-for-just-5-a-month-as-ev-giant-races-toward-500k-sales-target?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTesla Electric Offers Unlimited Overnight Charging For Just $5 A Month As EV Giant Races Toward 500K Sales Target\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSpaceX\u0026#8217;s Starship is also set to launch another LTV rover, FLEX, developed by\u0026nbsp;\u003cstrong\u003eVenturi Astrolab\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eNASA has chosen Starship for its first crewed lunar landing under the \u003ca href=\"https://www.benzinga.com/news/24/10/41400036/nasa-assigns-2-missions-to-spacex-for-2025-after-boeings-starliner-stranded-astronauts\"\u003eArtemis 3 mission\u003c/a\u003e, scheduled for late 2026.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: The selection of SpaceX\u0026#8217;s Starship for the lunar mission underscores the company\u0026#8217;s growing role in space exploration.\u003c/p\u003e\n\n\n\n\u003cp\u003eRecently, \u003ca href=\"https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs\"\u003eSpaceX unveiled a conceptual image\u003c/a\u003e of the Starship Human Landing System (HLS) designed to facilitate the first human landing on the Moon since 1971.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis version of Starship will feature landing legs instead of a heat shield and flaps.\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, Musk has expressed confidence in \u003ca href=\"https://www.benzinga.com/general/space/24/11/42082169/elon-musk-predicts-tesla-cybertrucks-optimus-robots-will-be-aboard-spacex-starships-to-mars-in-2-years\"\u003eSpaceX\u0026#8217;s ability to send uncrewed Starships to Mars\u003c/a\u003e within two years, potentially carrying\u0026nbsp;\u003cstrong\u003eTesla Inc.\u003c/strong\u003e\u0026nbsp;Cybertrucks and Optimus robots as payloads.\u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile,\u0026nbsp;SpaceX\u0026#8217;s satellite internet division, Starlink, \u003ca href=\"https://www.benzinga.com/24/11/42082877/spacexs-starlink-enables-realtime-views-of-earth-during-starships-6th-test-flight-could-it-be-the-future-of-space-connectivity\"\u003edemonstrated real-time Earth views\u003c/a\u003e during Starship\u0026#8217;s sixth test flight, showcasing the potential for enhanced space connectivity.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile SpaceX is currently a privately held company, investors can leverage\u0026nbsp;\u003cstrong\u003eDestiny Tech100 Inc.\u003c/strong\u003e\u0026nbsp;(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DXYZ#NASDAQ\"\u003eDXYZ\u003c/a\u003e) to participate in the Musk-led space company\u0026#8217;s growth. According to data from\u0026nbsp;\u003ca href=\"http://pro.benzinga.com/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBenzinga Pro\u003c/a\u003e, DXYZ has gained over 366% year-to-date.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eTesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: SpaceX\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/space/24/11/42151383/elon-musks-spacex-secures-new-moon-mission-contract-after-starships-successful-6th-test-flight","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/SpaceX-Starship.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/SpaceX-Starship.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/SpaceX-Starship.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Tech"}],"stocks":[{"name":"DXYZ"}],"tags":[{"name":"benzinga neuro"},{"name":"Elon Musk"},{"name":"Lunar Outpost"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]},{"id":42152586,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 13:00:31 -0400","updated":"Sat, 23 Nov 2024 13:00:31 -0400","title":"Judge Rejects SEC Bid to Penalize Musk Over Missed Deposition","teaser":"A federal judge dismissed the SEC\u0026#39;s request to penalize Elon Musk for skipping a court-ordered deposition in its investigation into his $44 billion acquisition of Twitter.","body":"\u003cp\u003eA federal judge dismissed the U.S. Securities and Exchange Commission's (SEC) request to penalize \u003cstrong\u003eElon Musk\u003c/strong\u003e for skipping a court-ordered deposition in its investigation into his $44 billion acquisition of Twitter, now known as X.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e On Friday, Judge Jacqueline \u003cstrong\u003eScott Corley\u003c/strong\u003e of the U.S. District Court in San Francisco determined that sanctions were unwarranted after Musk complied by testifying on Oct. 3 and agreed to reimburse the SEC's travel costs of $2,923, reports Reuters.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SEC sought sanctions for Musk's failure to attend a Sept. 10 deposition as ordered, contending that merely covering travel costs would not deter individuals from ignoring court directives, particularly someone of Musk's financial stature. According to Forbes, Musk's net worth stands at $321.7 billion.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Because the present circumstances forestall any occasion for meaningful relief that the court could grant, the SEC's request is moot,\" Corley wrote in the verdict.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk defended his actions, stating he had fulfilled the court's requirements by testifying in October. On Sept. 10, he was in Cape Canaveral, Florida, overseeing SpaceX's Polaris Dawn mission.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/news/24/09/40866970/new-book-reveals-elon-musks-twitter-buy-fumble-and-mix-up-over-grimes-baby-name\"\u003eNew Book Reveals Elon Musk\u0026#8217;s Twitter Buy Fumble And Mix-Up Over Grimes\u0026#8217; Baby Name\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SEC is probing whether Musk violated securities regulations by delaying disclosure of his Twitter stock purchases in early 2022. \u003c/p\u003e\n\n\n\n\u003cp\u003eAfter the decision, Musk expressed his triumph on X . He responded to a post from a user who applauded his success against the SEC. Musk responded to the user saying, \"SEC. The middle word is definitely ‘Elon's,' but I can never remember what the other two words stand for.\"\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eSEC. The middle word is definitely \"Elon's\", but I can never remember what the other two words stand for \u0026#x1f914;. \u003ca href=\"https://t.co/ZZiPyXecZk\"\u003ehttps://t.co/ZZiPyXecZk\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860210546345419261?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe regulator claims Musk waited at least 10 days longer than required, allowing him to acquire shares at lower prices before revealing his 9.2% stake and later announcing plans to buy the platform outright.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn July, Musk admitted misunderstanding SEC disclosure rules, calling his actions a \"mistake.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat It Matters:\u003c/strong\u003e This is not Musk's first legal clash with the SEC. In 2018, the agency sued him over Twitter posts about taking \u003cstrong\u003eTesla Inc.\u003c/strong\u003e private. Musk settled by paying a $20 million fine, stepping down as Tesla's chairman, and agreeing to have company lawyers vet certain tweets in advance.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe case, \u003cem\u003eSEC v. Musk\u003c/em\u003e, is being heard in the U.S. District Court for the Northern District of California.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/24/07/39999410/what-a-second-trump-presidency-would-mean-for-elon-musk-and-his-many-ventures\"\u003eWhat A Second Trump Presidency Would Mean For Elon Musk And His Many Ventures\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/SEC.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/SEC.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/SEC.jpeg"}],"channels":[{"name":"News"},{"name":"Top Stories"},{"name":"Tech"}],"stocks":[{"name":"TSLA"}],"tags":[{"name":"AI Generated"},{"name":"Court rulling"},{"name":"Elon Musk"},{"name":"sanction"},{"name":"SEC"},{"name":"twitter"},{"name":"X"}]},{"id":42120032,"author":"Vaishali Prayag","created":"Thu, 21 Nov 2024 14:09:31 -0400","updated":"Thu, 21 Nov 2024 14:09:32 -0400","title":"What's Going On With Luminar Technologies Stock Thursday?","teaser":"Luminar Technologies Inc. (NASDAQ: LAZR) shares are trading lower Thursday. The lidar company\u0026#39;s stock began trading on a split-adjusted basis. Here\u0026#39;s what you need to know.","body":"\u003cp\u003e\u003cstrong\u003eLuminar Technologies Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/LAZR#NASDAQ\"\u003eLAZR\u003c/a\u003e) shares are trading lower Thursday. The lidar company\u0026#8217;s stock began trading on a split-adjusted basis. Here\u0026#8217;s \u003ca href=\"https://www.benzinga.com/quote/LAZR/news\"\u003ewhat you need to know.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Luminar shareholders voted to approve a proposal regarding a reverse stock split at the end of October. On Nov. 13, Luminar\u0026#8217;s board approved the reverse split at a ratio of 1-for-15. The split went into effect after the market close on Wednesday.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe reverse stock split was authorized by the company's board as part of a larger strategy to improve the company\u0026#8217;s stock price and potentially attract more institutional investors. The adjusted shares began trading Thursday under the same ticker symbol: \u0026#8220;LAZR.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn addition to the reverse stock split, Luminar recently announced that it appointed \u003cstrong\u003eDominick Schiano \u003c/strong\u003eas a new member of its board. Schiano, known for his experience in the automotive industry and as a dealmaker, is expected to contribute valuable strategic insights to the company. He will also join Luminar\u0026#8217;s Audit Committee.\u003c/p\u003e\n\n\n\n\u003cp\u003eLuminar provided a \u003ca href=\"https://www.benzinga.com/news/earnings/24/11/41888873/luminar-technologies-stock-is-rising-after-hours-whats-driving-the-action\"\u003ebusiness update\u003c/a\u003e for the third quarter earlier this month. The lidar company said it shipped more product in the third quarter than it did in the past three quarters combined.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Today nearly every major automaker has LiDAR planned into their roadmaps, and our commercial growth this quarter is a testament to both our technical leadership and ability to execute to global automaker standards,\" Luminar founder and CEO \u003cstrong\u003eAustin Russell\u003c/strong\u003e said in the company\u0026#8217;s earnings release.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"This quarter, we've further restructured Luminar to withstand near-term headwinds facing the industry so we are better positioned to capitalize on the long-term value in this trillion-dollar industry.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eLAZR Price Action:\u003c/strong\u003e Luminar Technologies shares were down 6.24% at $10.68 at the time of publication Thursday, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large is-resized\"\u003e\u003ca href=\"https://www.benzinga.com/pro/?utm_source=BZprocontent112124\u0026amp;t=be2bearmibe3na1\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"528\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21115723/LAZR-1024x528.png\" alt=\"\" class=\"wp-image-659327\" style=\"width:440px;height:auto\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21115723/LAZR-1024x528.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21115723/LAZR-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21115723/LAZR-768x396.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21115723/LAZR.png 1176w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/a\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42118033/nba-legend-shaq-put-his-mom-and-dad-on-payroll-when-he-made-it-big-in-basketball-now-you-making-half-a-million-a-year\"\u003eNBA Legend Shaq Put His Mom and Dad On Payroll When He Made It Big In Basketball – \u0026#8216;Now You Making Half A Million A Year\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: courtesy of Luminar.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/stock-split/24/11/42120032/whats-going-on-with-luminar-technologies-stock-thursday","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/Luminar-Lidar-Image.png"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/Luminar-Lidar-Image.png"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/Luminar-Lidar-Image.png"}],"channels":[{"name":"News"},{"name":"Stock Split"},{"name":"Movers"}],"stocks":[{"name":"LAZR"}],"tags":[{"name":"why it's moving"}]},{"id":42152918,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 16:45:25 -0400","updated":"Sat, 23 Nov 2024 16:45:25 -0400","title":"\"I Knew If I Bought a Sink\": What Does Elon Musk's Cryptic Tweet Mean?","teaser":"Elon Musk on Saturday shared a cryptic tweet on X, hinting at a significant turning point in human history.","body":"\u003cp\u003e\u003cstrong\u003eElon Musk\u003c/strong\u003e on Saturday shared a cryptic tweet on X, hinting at a significant turning point in human history.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: Musk\u0026nbsp;responded to a post on X by Bojan Tunguz, which referred to an unspecified event as \u0026#8220;one of the major inflection\u0026nbsp;points of human history.\u0026#8221; Musk\u0026#8217;s reply was enigmatic, stating, \u0026#8220;I knew if I brought\u0026nbsp;a sink they would have\u0026nbsp;to let that sink in.\u0026nbsp;How could they not?\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eI knew if I brought a sink they would have to let that sink in. How could they not? \u003ca href=\"https://t.co/voEVBMC7Ht\"\u003ehttps://t.co/voEVBMC7Ht\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860199022121943545?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe Tesla and SpaceX CEO\u0026#8217;s post on X has left his followers intrigued, as they attempt to decipher the meaning behind his cryptic words.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments\"\u003eMusk Tweet Sparks Dogecoin Surge, Fuels Speculation On X Payments\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: Musk is known for his cryptic tweets, which often lead to widespread speculation. His recent tweet, which suggests a significant turning point in human history, has sparked a flurry of theories among his followers.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the exact meaning behind Musk\u0026#8217;s tweet remains unclear, it underscores his reputation as a thought leader in the tech industry, known for pushing boundaries and challenging conventional thinking.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/social-media/24/11/42152918/i-knew-if-i-bought-a-sink-what-does-elon-musks-cryptic-tweet-mean","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Paris--France---June-16--2023-Elon-Musk-.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Paris--France---June-16--2023-Elon-Musk-.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Paris--France---June-16--2023-Elon-Musk-.jpeg"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"Top Stories"},{"name":"Tech"}],"stocks":[],"tags":[{"name":"Elon Musk"},{"name":"Social Media post"},{"name":"twitter"}]},{"id":42094089,"author":"Henry Khederian","created":"Wed, 20 Nov 2024 12:43:20 -0400","updated":"Wed, 20 Nov 2024 12:43:21 -0400","title":"What's Going On With AMD Stock?","teaser":"AMD shares are trading lower by 1.4% during Wednesday\u0026#39;s session. NVIDIA\u0026#39;s earnings report Wednesday evening is poised to have a significant impact on AMD.","body":"\u003cp\u003e\u003cstrong\u003eAdvanced Micro Devices, Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AMD#NASDAQ\"\u003eAMD\u003c/a\u003e) shares are trading lower by 1.4% to $137.48 during Wednesday\u0026#8217;s session. \u003cstrong\u003eNVIDIA Corp\u0026#8217;s\u003c/strong\u003e earnings report Wednesday evening is poised to have a \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42068962/nvidia-q3-earnings-preview-analysts-expect-beat-n-raise-on-continued-data-center-strength\"\u003esignificant impact\u003c/a\u003e on Advanced Micro Devices, as the two companies compete directly in high-performance computing and AI accelerators. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e While Nvidia dominates the AI chip market, AMD has been ramping up its efforts to challenge that dominance with its MI300 series accelerators and EPYC processors, which target AI and data center applications.\u003c/p\u003e\n\n\n\n\u003cp\u003eA strong Nvidia report could benefit AMD indirectly by affirming continued robust demand for AI infrastructure and high-performance computing. Such results would validate AMD's strategic investments in AI-focused products, fueling optimism around its ability to capture market share in a rapidly expanding sector.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks\"\u003eTarget Q3 Earnings: Supply Chain Chaos Hits Bottomline, Slashes Annual Profit Outlook, Stock Tanks\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, if Nvidia's results or guidance signal a slowdown in AI-related spending, AMD could face headwinds, especially as it seeks to gain traction in a market already dominated by Nvidia. Slower adoption of AI hardware could delay the payoff for AMD's ambitious roadmap, which relies on its ability to penetrate data center and AI workloads dominated by its rival.\u003c/p\u003e\n\n\n\n\u003cp\u003eAMD also risks unfavorable comparisons during this critical earnings season. Nvidia's efficiency in scaling AI solutions highlights the steep challenge AMD faces in winning over customers and optimizing its own supply chain for large-scale deployments.\u003c/p\u003e\n\n\n\n\u003cp\u003eWith Nvidia's results \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42048963/why-nvidia-earnings-may-trigger-massive-sp-500-volatility\"\u003eexpected to ripple\u003c/a\u003e through the semiconductor industry, AMD's stock could see heightened volatility as investors reassess growth prospects across the sector.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42090657/microstrategy-upsizes-convertible-notes-offering-to-2-6-billion-for-bitcoin-purchases\"\u003eMicroStrategy Upsizes Convertible Notes Offering To $2.6 Billion For Bitcoin Purchases\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eIs AMD A Good Stock To Buy?\u003c/h2\u003e\n\n\n\n\u003cp\u003eAn investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages \u0026#8211; like \u003ca href=\"https://www.benzinga.com/quote/AMD\"\u003eAdvanced Micro Devices\u003c/a\u003e\u0026#8216;s page for example \u0026#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese are known as capital allocation programs. Advanced Micro Devices does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's \u003ca href=\"https://www.benzinga.com/calendars/dividends\"\u003edividend calendar\u003c/a\u003e for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor example, if you're looking to earn an annualized return of 41.97%, you'll need to buy a share of ZIM Integrated Shipping by the Dec. 2, 2024. Once done, you can expect to receive a nominal payout of $2.81 on Dec. 9, 2024.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on \u003ca href=\"https://www.benzinga.com/quote/AMD\"\u003eAdvanced Micro Devices\u003c/a\u003e will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to data from \u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e, AMD has a 52-week high of $227.30 and a 52-week low of $116.37.\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42094089/whats-going-on-with-amd-stock-10","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/20/eye-6318412.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/20/eye-6318412.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/20/eye-6318412.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"AMD"}],"tags":[{"name":"KeyProj"},{"name":"why it's moving"}]},{"id":42152764,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 15:00:25 -0400","updated":"Sat, 23 Nov 2024 15:00:26 -0400","title":"Trump Taps Teamsters-Backed Chavez-DeRemer For Labor","teaser":"Rep. Lori Chavez-DeRemer (R-Ore.) has been selected by President-elect Trump to lead the Labor Department in his new term.","body":"\u003cp\u003eRep. \u003cstrong\u003eLori Chavez-DeRemer\u003c/strong\u003e (R-Ore.), a moderate who lost her House seat this month, has been \u003ca href=\"https://www.benzinga.com/topic/donald-trump\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eselected by President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e\u003c/a\u003e to lead the Labor Department in his new term.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump praised Chavez-DeRemer, who first won her seat with just 51% of the vote in 2022 and lost it by a two-point margin this year, for her work with both business and labor groups to support American workers, The New York Times \u003ca href=\"https://www.nytimes.com/2024/11/22/business/economy/labor-secretary-lori-chavez-deremer-trump.html\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eFollowing Trump\u0026#8217;s announcement, National Education Association President \u003cstrong\u003eBecky Pringle \u003c/strong\u003eacknowledged Chavez-DeRemer\u0026#8217;s legislative record in the House, per a \u003ca href=\"https://apnews.com/article/trump-cabinet-labor-secretary-lori-chavezderemer-feaa4672efac644aa60722d3a3215df1\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereport\u003c/a\u003e from AP News.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, Pringle indicated that educators and working families would closely monitor the confirmation process and hoped Chavez-DeRemer would commit to supporting workers and students.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\" rel=\"noreferrer noopener\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThough not a major figure in labor politics, Chavez-DeRemer garnered significant union support during her campaign. She shared endorsements with her Democratic opponent, \u003cstrong\u003eJanelle Bynum\u003c/strong\u003e, earning the backing of groups like the \u003cstrong\u003eTeamsters\u003c/strong\u003e, firefighters, and ironworkers.\u003c/p\u003e\n\n\n\n\u003cp\u003eHouse Speaker \u003cstrong\u003eMike Johnson\u003c/strong\u003e, who spoke at one of Chavez-DeRemer\u0026#8217;s rallies, remarked that she received more union endorsements than any Republican he had ever seen, The New York Times added.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile labor leaders criticized Trump\u0026#8217;s labor policies during his first term, Chavez-DeRemer\u0026#8217;s selection was praised by some in the labor movement. \u003cstrong\u003eSean O\u0026#8217;Brien\u003c/strong\u003e, president of the Teamsters, who had been in contact with Trump throughout the campaign, called her appointment a step toward creating more union jobs. Chavez-DeRemer, whose father was a Teamster, has emphasized her work on the fentanyl crisis and law enforcement during her campaign.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs labor secretary, Chavez-DeRemer will face the challenge of possibly reversing Biden-era policies, which focused on expanding worker protections, including new overtime eligibility and protections for gig workers.\u003c/p\u003e\n\n\n\n\u003cp\u003eUnder Trump, it\u0026#8217;s expected that many of these measures could be rolled back, alongside stricter enforcement of child labor laws and worker classification regulations, per The New York Times.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Labor Department\u0026#8217;s approach to immigrant workers and workplace safety could also shift, reflecting the broader policy changes anticipated under a second Trump term.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131911/donald-trump-appointed-doge-to-have-marginal-impact-saving-50-100-billion-says-analyst-as-elon-musk-aims-to-target-500-billion-plus-in-federal-expenditures?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDonald Trump's DOGE Initiative To Have ‘Marginal Impact' Says Analyst As Elon Musk Aims To Target Over $500B In Federal Expenditures\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eImage: Wikimedia Commons\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152764/trump-taps-teamsters-backed-chavez-deremer-for-labor","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"2024 election"},{"name":"AI Generated"},{"name":"Donald Trump"},{"name":"labor"},{"name":"Labor Secretary"},{"name":"Lori Chavez-DeRemer"},{"name":"Teamsters"}]},{"id":42131163,"author":"Anan Ashraf","created":"Fri, 22 Nov 2024 02:14:50 -0400","updated":"Fri, 22 Nov 2024 02:14:51 -0400","title":"Tesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab","teaser":"Tesla CEO Elon Musk on Thursday tempered down customer expectations of purchasing the company\u0026#39;s dedicated robotaxi offering- the Cybercab- and its humanoid robot called Optimus for about $30,000 each, saying it would be possible only on the \u0026#34;long-term.\u0026#34;","body":"\u003cp\u003e\u003cstrong\u003eTesla Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e) CEO \u003cstrong\u003eElon Musk \u003c/strong\u003eon Thursday tempered down customer expectations of purchasing the company\u0026#8217;s dedicated robotaxi offering \u0026#8211; \u003ca href=\"https://www.benzinga.com/topic/tesla-cybercab\"\u003ethe Cybercab\u003c/a\u003e \u0026#8211; and its humanoid robot called \u003ca href=\"https://www.benzinga.com/topic/optimus\"\u003eOptimus\u003c/a\u003e for about $30,000 each, saying it would be possible only on the \u0026#8220;long-term.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Production needs to exceed a million a year before the company can sell the two products for about $30,000, Musk said. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We need to reach \u003e1M/year production volumes, but, long-term, yes,\u0026#8221; he wrote in a post on \u003cstrong\u003eX\u003c/strong\u003e, without clarifying if he is hinting towards a collective production volume of a million or a million individually for both the products.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eWe need to reach \u0026gt;1M/year production volumes, but, long-term, yes \u003ca href=\"https://t.co/WE39TnhTdf\"\u003ehttps://t.co/WE39TnhTdf\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859656599897506229?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTall Promises:\u003c/strong\u003e During Tesla's annual shareholder meeting in June, Musk said that there will be at least\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/06/39246781/elon-musk-thinks-humanoid-robots-will-one-day-exceed-human-population-from-nvidias-project-gr00t-to\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eone humanoid robot\u003c/a\u003e\u0026nbsp;for every person in the world in the future, implying a total humanoid robot population of at least 10 billion or more, of which the EV company will have a significant share.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk then said that he expects to be\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/03/37950895/elon-musk-says-cost-of-making-an-optimus-is-half-that-of-manufacturing-a-tesla-ev-despite-complexity\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eable to sell Optimus at a price point below $30,000\u003c/a\u003e once it reaches high-volume production.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn July, the CEO said that the EV company would have \"genuinely useful\" humanoid robots in low production for use within its factories next year. The company will \"hopefully\" increase production for other customers in 2026, he said.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs for the Cybercab, Tesla unveiled the car with no pedals or steering wheel in October. The vehicle, CEO\u0026nbsp;\u003cstrong\u003eElon Musk\u0026nbsp;\u003c/strong\u003ethen said, will enter production \"before 2027\" and be priced below $30,000.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eHistory Of Underdelivering:\u003c/strong\u003e Musk is known for providing price points that the company cannot deliver. \u003c/p\u003e\n\n\n\n\u003cp\u003eDuring the Cybertruck\u0026#8217;s unveiling in November 2019, Musk presented tentative pricing for the stainless steel truck. The dual-motor all-wheel-drive (AWD) variant was projected to begin at $49,900 but is now priced at $79,990 in the U.S.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe top-tier tri-motor all-wheel drive was projected to start at $69,900 but is now priced\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36039263/did-tesla-overpromise-and-underdeliver-with-the-cybertruck\"\u003e at a whopping $99,990\u003c/a\u003e. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga\u0026#8217;s Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42058338/byd-makes-a-million-nevs-in-less-than-2-months\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBYD Makes A Million NEVs In Less Than 2 Months After Beating Tesla For The First Time Since 2022 In Quarterly Revenue\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Tesla\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Tesla-Cybercab-robotaxi.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Tesla-Cybercab-robotaxi.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Tesla-Cybercab-robotaxi.jpeg"}],"channels":[{"name":"News"},{"name":"Tech"}],"stocks":[{"name":"TSLA"}],"tags":[{"name":"autonomous vehicles"},{"name":"Cybercab"},{"name":"electric vehicles"},{"name":"Elon Musk"},{"name":"EVs"},{"name":"mobility"},{"name":"Optimus"},{"name":"Tesla Cybercab"}]},{"id":42121003,"author":"Avi Kapoor","created":"Thu, 21 Nov 2024 14:53:26 -0400","updated":"Thu, 21 Nov 2024 14:53:26 -0400","title":"Nvidia To Rally More Than 50%? Here Are 10 Top Analyst Forecasts For Thursday","teaser":" ","body":"\u003cp\u003eTop Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our \u003ca href=\"https://www.benzinga.com/analyst-stock-ratings\"\u003eanalyst ratings page\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eTruist Securities boosted the price target for \u003cstrong\u003eUniversal Technical Institute, Inc\u003c/strong\u003e. (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/UTI#NYSE\"\u003eUTI\u003c/a\u003e) from $22 to $26. Truist Securities analyst Jasper Bibb maintained a Buy rating. Universal Technical Institute shares closed at $19.89 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/UTI/analyst-ratings\"\u003eSee how other analysts view this stock.\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003eStifel increased the price target for \u003cstrong\u003eDigital Realty Trust, Inc\u003c/strong\u003e. (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DLR#NYSE\"\u003eDLR\u003c/a\u003e) from $195 to $205. Stifel analyst Erik Rasmussen maintained a Buy rating. Digital Realty Trust shares closed at $185.91 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/DLR/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\n\n\n\u003cli\u003eB. Riley Securities raised \u003cstrong\u003eWix.com Ltd\u003c/strong\u003e. (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/WIX#NASDAQ\"\u003eWIX\u003c/a\u003e) price target from $190 to $220. B. Riley Securities analyst Naved Khan maintained a Buy rating. Wix.com shares settled at $210.27 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/WIX/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\n\n\n\u003cli\u003eWells Fargo boosted \u003cstrong\u003eWilliams-Sonoma, Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/WSM#NYSE\"\u003eWSM\u003c/a\u003e) price target from $140 to $165. Wells Fargo analyst Zachary Fadem maintained an Equal-Weight rating. Williams-Sonoma shares closed at $175.04 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/WSM/analyst-ratings\"\u003eSee how other analysts view this stock.\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003eRosenblatt increased \u003cstrong\u003eNVIDIA Corporation\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e) price target from $200 to $220. Rosenblatt analyst Hans Mosesmann maintained a Buy rating. Nvidia shares closed at $145.89 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/NVDA/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\n\n\n\u003cli\u003eUBS boosted \u003cstrong\u003eSpire Inc\u003c/strong\u003e. (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SR#NYSE\"\u003eSR\u003c/a\u003e) price target from $75 to $80. UBS analyst William Appicelli maintained a Buy rating. Spire shares closed at $68.39 on Wednesday. See how other analysts view this stock.\u003c/li\u003e\n\n\n\n\u003cli\u003eGuggenheim cut the price target for \u003cstrong\u003eAutoNation, Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AN#NYSE\"\u003eAN\u003c/a\u003e) from $190 to $189. Guggenheim analyst Ali Faghri maintained a Buy rating. AutoNation shares settled at $164.85 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/AN/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\n\n\n\u003cli\u003eTD Cowen boosted \u003cstrong\u003eSalesforce, Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CRM#NYSE\"\u003eCRM\u003c/a\u003e) price target from $290 to $340. TD Cowen analyst J. Derrick Wood maintained a Hold rating. Salesforce shares closed at $325.70 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/CRM/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\n\n\n\u003cli\u003eEvercore ISI Group increased the price target for \u003cstrong\u003eThe TJX Companies, Inc\u003c/strong\u003e. (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TJX#NYSE\"\u003eTJX\u003c/a\u003e) from $138 to $142. Evercore ISI Group analyst Michael Binetti maintained an Outperform rating. TJX shares closed at $119.74 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/TJX/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\n\n\n\u003cli\u003eDeutsche Bank boosted \u003cstrong\u003eSnowflake Inc\u003c/strong\u003e. (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SNOW#NYSE\"\u003eSNOW\u003c/a\u003e) price target from $180 to $190. Deutsche Bank analyst Brad Zelnick maintained a Buy rating. Snowflake shares closed at $129.12 on Wednesday. \u003ca href=\"https://www.benzinga.com/quote/snow/analyst-ratings\"\u003eSee how other analysts view this stock\u003c/a\u003e.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eConsidering buying NVDA stock? Here\u0026#8217;s what analysts think: \u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large is-resized\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"549\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21135115/image-226-1024x549.png\" alt=\"\" class=\"wp-image-659589\" style=\"width:718px;height:auto\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21135115/image-226-1024x549.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21135115/image-226-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21135115/image-226-768x412.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21135115/image-226.png 1242w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead This Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/price-target/24/11/42119232/ross-stores-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call\"\u003eRoss Stores Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","url":"https://www.benzinga.com/24/11/42121003/nvidia-to-rally-more-than-50-here-are-10-top-analyst-forecasts-for-thursday","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/Come-guadagnare-con-le-azioni-Nvidia-e-o.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/Come-guadagnare-con-le-azioni-Nvidia-e-o.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/Come-guadagnare-con-le-azioni-Nvidia-e-o.jpeg"}],"channels":[{"name":"News"},{"name":"Price Target"},{"name":"Markets"},{"name":"Analyst Ratings"},{"name":"Trading Ideas"}],"stocks":[{"name":"AN"},{"name":"CRM"},{"name":"DLR"},{"name":"NVDA"},{"name":"SNOW"},{"name":"SR"},{"name":"TJX"},{"name":"UTI"},{"name":"WIX"},{"name":"WSM"}],"tags":[{"name":"analysts forecasts"},{"name":"Downgrades"},{"name":"PT Changes"},{"name":"Upgrades"}]},{"id":42116978,"author":"Henry Khederian","created":"Thu, 21 Nov 2024 12:15:34 -0400","updated":"Thu, 21 Nov 2024 12:15:35 -0400","title":"Why Bitcoin Cash Is Up 15% This Week","teaser":"Bitcoin Cash (CRYPTO: BCH) has soared 15% to $486.71 this week, riding the wave of investor enthusiasm across the cryptocurrency market. ","body":"\u003cp\u003e\u003cstrong\u003eBitcoin Cash\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/bch/usd\"\u003eBCH\u003c/a\u003e) has soared 15% to $486.71 this week, riding the wave of investor enthusiasm across the \u003ca href=\"https://www.benzinga.com/crypto\"\u003ecryptocurrency\u003c/a\u003e market. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe rally coincides with heightened activity in the broader crypto space, particularly \u003cstrong\u003eBitcoin's\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) drive toward record highs, as well as favorable speculation about November's performance for leading cryptocurrencies.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Bitcoin's all-time high of $98,310 and the \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42114012/bitcoin-price-hitting-100000-in-november-polymarket-traders-speculate-it-might-go-even-higher\"\u003eensuing predictions\u003c/a\u003e of it potentially surpassing $100,000 have reignited interest in its offshoot, Bitcoin Cash. BCH often benefits from Bitcoin's momentum, as investors view it as a faster and more cost-effective alternative for transactions.\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, Bitcoin Cash's rise comes amidst strong institutional inflows into Bitcoin-related assets, such as spot ETFs, which recorded $1.84 billion in net inflows in the past three days. The enthusiasm for Bitcoin appears to be trickling down to its derivative projects, including BCH.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe rally could also be attributed to Bitcoin Cash's appeal as a practical digital currency, aligning with growing use-case narratives as global monetary policies ease. \u003c/p\u003e\n\n\n\n\u003cp\u003eRecent network upgrades to improve BCH's scalability and transaction efficiency have bolstered its utility, making it potentially an attractive asset in a bullish environment.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42114875/coinbase-ceo-brian-armstrong-stands-out-as-candidate-for-donald-trumps-reported-crypto-czar-position-cardano-co-founder-says\"\u003eCoinbase CEO Brian Armstrong \u0026#8216;Stands Out\u0026#8217; As Candidate For Donald Trump\u0026#8217;s Reported \u0026#8216;Crypto Czar\u0026#8217; Position, Cardano Co-Founder Says\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/news/24/11/42116978/why-bitcoin-cash-is-up-15-this-week","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/woman-3373913.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/woman-3373913.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/woman-3373913.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"$BCH"},{"name":"$BTC"}],"tags":[{"name":"why it's moving"}]},{"id":42147481,"author":"Vaishali Prayag","created":"Fri, 22 Nov 2024 17:02:04 -0400","updated":"Fri, 22 Nov 2024 17:02:05 -0400","title":"Petrobras Shares Are On The Rise Today: What's Going On?","teaser":"Petrobras Brasileiro shares are trading higher Friday, following the approval of $3.4 billion in extraordinary dividends by its board. Here\u0026#39;s what you need to know.","body":"\u003cp\u003e\u003cstrong\u003ePetrobras Brasileiro Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/PBR#NYSE\"\u003ePBR\u003c/a\u003e) shares are trading higher Friday, following approval of $3.4 billion in extraordinary dividends by its board. Here\u0026#8217;s \u003ca href=\"https://www.benzinga.com/quote/PBR/news\"\u003ewhat you need to know.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Petrobras stated that approximately 15.6 billion reals (approximately $2,685,997,080) of the payout would come from a capital reserve. The reserve had been holding cash investors expected to receive earlier as extraordinary dividends for the 2023 period.\u003c/p\u003e\n\n\n\n\u003cp\u003eEarlier in the week, Petrobras \u003ca href=\"https://www.benzinga.com/24/11/42137060/petrobras-boosts-five-year-investment-to-111b-aims-for-32m-boed-production\"\u003eannounced its strategic plan\u003c/a\u003e for 2025-2029, outlining $111 billion in investments, including $77 billion for exploration and production and $20 billion for refining, transportation and sales. The plan also emphasizes a focus on sustainable practices, such as reducing the carbon footprint of its operations and prioritizing pre-salt asset development.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company expects total production of 3.2 million barrels of oil and gas equivalent per day during the period and plans to distribute $45 billion to $55 billion in ordinary dividends, with an additional $10 billion reserved for extraordinary dividends or projects.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePBR Price Action:\u003c/strong\u003e Petrobas Brasileiro shares were up 5.19% at $14.89 at the time of publication on Friday, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large is-resized\"\u003e\u003ca href=\"https://benzinga.slack.com/archives/D072651PB4K/p1727794380964569\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"552\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22152312/PBR-1024x552.png\" alt=\"\" class=\"wp-image-661697\" style=\"width:544px;height:auto\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22152312/PBR-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22152312/PBR-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22152312/PBR-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22152312/PBR.png 1129w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/a\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42146459/bitcoin-on-brink-of-breaking-100000-dogecoin-up-ethereum-down-crypto-community-holds-its-breath-as-btc-guns-for-milestone\"\u003e\u003cstrong\u003eBitcoin \u0026#8216;On Brink Of Breaking $100,000,\u0026#8217; Dogecoin Up, Ethereum Down: Crypto Community Holds Its Breath As BTC Guns For Milestone\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Shutterstock.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/global/24/11/42147481/petrobras-shares-are-on-the-rise-today-whats-going-on","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Photo-by-solarseven-on-Shutterstock.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Photo-by-solarseven-on-Shutterstock.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Photo-by-solarseven-on-Shutterstock.jpeg"}],"channels":[{"name":"News"},{"name":"Dividends"},{"name":"Commodities"},{"name":"Global"},{"name":"Movers"}],"stocks":[{"name":"PBR"}],"tags":[{"name":"why it's moving"}]},{"id":42082169,"author":"Rounak Jain","created":"Wed, 20 Nov 2024 04:42:32 -0400","updated":"Wed, 20 Nov 2024 04:42:33 -0400","title":"Elon Musk Predicts Tesla Cybertrucks, Optimus Robots Will Be Aboard SpaceX Starships To Mars In 2 Years","teaser":"Elon Musk has expressed confidence in sending uncrewed Starships to Mars within two years, carrying Tesla Cybertrucks and Optimus robots as payloads.","body":"\u003cp\u003e\u003cstrong\u003eElon Musk\u003c/strong\u003e, the CEO of\u0026nbsp;\u003cstrong\u003eSpaceX\u003c/strong\u003e\u0026nbsp;and\u0026nbsp;\u003cstrong\u003eTesla Inc.\u003c/strong\u003e\u0026nbsp;(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e), has expressed confidence in sending \u003ca href=\"https://www.benzinga.com/topic/starship\"\u003euncrewed Starships to Mars\u003c/a\u003e within two years, carrying Tesla Cybertrucks and Optimus robots as payloads.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e\u0026nbsp;Musk said in a post on X that he is \"highly confident\" that SpaceX can send \"several uncrewed\u0026nbsp;Starships to Mars in 2\u0026nbsp;years.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\"If those ships don't\u0026nbsp;increment the crater count on\u0026nbsp;Mars, then crewed ships can\u0026nbsp;be sent in 4 years.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eAs far as payloads are\u0026nbsp;concerned, Musk said it will include Cybertrucks\u0026nbsp;and Optimus robots.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eCybertrucks and Optimus robots\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859078074303713447?ref_src=twsrc%5Etfw\"\u003eNovember 20, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/general/space/24/11/42033393/spacexs-gwynne-shotwell-sees-starlink-becoming-profitable-in-2024-bets-on-starship-making-it-one-of-the-most-valuable-companies-amid-reports-of-tender-offer-valuing-it-over-250b\"\u003eSpaceX\u0026#8217;s Gwynne Shotwell Sees Starlink Becoming Profitable In 2024, Bets On Starship Making It One Of The Most Valuable Companies\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThis comes after SpaceX\u0026#8217;s \u003ca href=\"https://www.benzinga.com/general/space/24/11/42079270/elon-musk-hails-starships-milestone-splashdown-as-trump-watches-one-more-ocean-landing-before-spacex-attempt-to-catch-the-ship-with-the-tower\"\u003esuccessful launch of its Starship rocket from Texas\u003c/a\u003e, which \u003cspan style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"\u003ePresident-elect \u003cstrong\u003eDonald Trump \u003c/strong\u003eattended\u003c/span\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe rocket, designed to transport astronauts to the moon and Mars, saw its first-stage booster detach from the second stage, propelling the craft into space.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e\u0026nbsp;Musk has \u003ca href=\"https://www.benzinga.com/government/24/10/41621276/elon-musk-predicts-sending-starship-to-mars-in-2-years-but-warns-regulatory-hurdles-could-delay-lift\"\u003epreviously outlined a timeline\u003c/a\u003e for sending SpaceX\u0026#8217;s Starship to Mars within the next two years, during an interview at the Future Investment Initiative Conference in Saudi Arabia. However, he warned that regulatory challenges could delay these plans.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe next \u003ca href=\"https://www.benzinga.com/news/24/09/40770222/elon-musk-sets-2026-for-starships-first-uncrewed-mars-mission-targeting-successful-landing\"\u003eMars launch window\u003c/a\u003e aligns with their timeline for uncrewed Starship missions to the Red Planet. If these missions succeed without issues, human missions could follow two years later.\u003c/p\u003e\n\n\n\n\u003cp\u003eEarlier, Musk earlier hinted at \u003ca href=\"https://www.benzinga.com/general/space/24/11/41962821/elon-musk-eyes-martian-tunnels-dug-using-the-boring-company-equipment-hints-at-using-spacexs-starship-to-take-them-to-mars\"\u003eplans to deploy tunneling equipment\u003c/a\u003e from \u003cstrong\u003eThe Boring Company\u003c/strong\u003e to help his dream of enabling a human settlement on Mars. He envisions humans living in an interconnected web of tunnels on Mars owing to the dust storms on the surface.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga\u0026#8217;s Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42081589/tesla-electric-offers-unlimited-overnight-charging-for-just-5-a-month-as-ev-giant-races-toward-500k-sales-target\"\u003eTesla Electric Offers Unlimited Overnight Charging For Just $5 A Month As EV Giant Races Toward 500K Sales Target\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer\u003c/em\u003e:\u003c/strong\u003e\u003cem\u003e\u0026nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Tesla\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/space/24/11/42082169/elon-musk-predicts-tesla-cybertrucks-optimus-robots-will-be-aboard-spacex-starships-to-mars-in-2-years","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/20/tesla-cybertruck2.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/20/tesla-cybertruck2.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/20/tesla-cybertruck2.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Tech"},{"name":"General"}],"stocks":[{"name":"TSLA"}],"tags":[{"name":"electric vehicles"},{"name":"Elon Musk"},{"name":"EVs"},{"name":"Mars"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]},{"id":42039365,"author":"Henry Khederian","created":"Mon, 18 Nov 2024 11:06:04 -0400","updated":"Mon, 18 Nov 2024 11:06:05 -0400","title":"What's Going On With Pepsi Stock?","teaser":"PepsiCo stock is trading lower by roughly 4% over the past week. Donald Trump announced Robert F. Kennedy Jr. as his nominee to lead the HHS.","body":"\u003cp\u003e\u003cstrong\u003ePepsiCo Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/PEP#NASDAQ\"\u003ePEP\u003c/a\u003e) stock is trading lower by roughly 4% over the past week after \u003cstrong\u003ePresident-elect Donald Trump\u003c/strong\u003e announced \u003cstrong\u003eRobert F. Kennedy Jr.\u003c/strong\u003e as his nominee to lead the \u003cstrong\u003eDepartment of Health and Human Services (HHS)\u003c/strong\u003e. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe decision has \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/41993115/trump-taps-rfk-jr-for-health-secretary-role-sends-5-vaccine-stocks-lower\"\u003eraised fears\u003c/a\u003e of stricter health and nutrition regulations, potentially affecting PepsiCo's operations.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Kennedy, an environmental activist and vaccine skeptic, has been vocal about corporate influence in public health and what he terms the \"industrial food complex.\" With PepsiCo's expansive portfolio, which spans sugary soft drinks, snack foods and health-conscious brands, the company may face increased scrutiny under Kennedy's leadership.\u003c/p\u003e\n\n\n\n\u003cp\u003ePepsiCo's beverages, including flagship brands \u003cstrong\u003ePepsi\u003c/strong\u003e and \u003cstrong\u003eMountain Dew\u003c/strong\u003e, as well as \u003cstrong\u003eGatorade\u003c/strong\u003e and \u003cstrong\u003eTropicana\u003c/strong\u003e, could come under fire for their sugar content. Kennedy's past criticism of unhealthy diets has fueled speculation that new regulations could target sugary drinks, either through tighter labeling laws or broader public health initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/24/11/42032477/spirit-airlines-eyes-financial-stability-with-chapter-11-filing-and-equity-injection\"\u003eSpirit Airlines Eyes Restructuring With Chapter 11 Filing And Equity Injection\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSnack foods, another key pillar of PepsiCo's business, also face potential headwinds. Products like \u003cstrong\u003eLay's\u003c/strong\u003e, \u003cstrong\u003eDoritos\u003c/strong\u003e and \u003cstrong\u003eCheetos\u003c/strong\u003e dominate the processed snack market, making them susceptible to policy changes aimed at reducing consumption of high-calorie, low-nutrition foods.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Else:\u003c/strong\u003e Beyond its traditional offerings, PepsiCo has expanded into health-focused products like \u003cstrong\u003eQuaker Oats\u003c/strong\u003e, \u003cstrong\u003eNaked Juice\u003c/strong\u003e and \u003cstrong\u003eSabra Hummus\u003c/strong\u003e. While these brands may be better positioned in a shifting regulatory environment, the potential for stricter rules on marketing practices and supply chain transparency could still pose challenges. \u003c/p\u003e\n\n\n\n\u003cp\u003eKennedy's stance on marketing to children might also directly impact PepsiCo's advertising strategies, particularly for its snacks and beverages.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/24/11/42031809/asia-and-europe-markets-mostly-lower-crude-oil-and-gold-gain-global-markets-today-while-us-slept\"\u003eAsia And Europe Markets Mostly Lower, Dollar\u0026#8217;s Uptrend Continues \u0026#8211; Global Markets Today While US Slept\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eHow To Buy PEP Stock\u003c/h2\u003e\n\n\n\n\u003cp\u003eBy now you're likely curious about how to participate in the market for PepsiCo \u0026#8211; be it to purchase shares, or even attempt to bet against the company.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuying shares is typically done through a brokerage account. You can find a list of \u003ca href=\"https://www.benzinga.com/money/best-stock-trading-platforms\"\u003epossible trading platforms here.\u003c/a\u003e Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn the the case of PepsiCo, which is trading at $158.62 as of publishing time, $100 would buy you 0.63 shares of stock.\u003c/p\u003e\n\n\n\n\u003cp\u003eIf you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a \u003ca href=\"https://www.benzinga.com/money/how-to-short-a-stock\"\u003estock can be found at this resource.\u003c/a\u003e Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading \u0026#8211; either way it allows you to profit off of the share price decline.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to data from\u0026nbsp;\u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e, PEP has a 52-week high of $183.39 and a 52-week low of $158.03.\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42039365/whats-going-on-with-pepsi-stock","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/18/6.png"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/18/6.png"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/18/6.png"}],"channels":[{"name":"News"}],"stocks":[{"name":"PEP"}],"tags":[{"name":"why it's moving"}]},{"id":42141374,"author":"Henry Khederian","created":"Fri, 22 Nov 2024 11:55:27 -0400","updated":"Fri, 22 Nov 2024 11:55:28 -0400","title":"Pfizer Stock Drops 10% In November On News Of Kennedy's HHS Nomination","teaser":"Pfizer shares are trading lower by 10% in November. President-elect Donald Trump last week announced his intention to nominate Robert F. Kennedy Jr. to lead the HHS.","body":"\u003cp\u003e\u003cstrong\u003ePfizer Inc\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/PFE#NYSE\"\u003ePFE\u003c/a\u003e) shares are trading lower by 10% to $25.13 in November and are near \u003ca href=\"https://www.benzinga.com/general/biotech/24/11/42015727/stock-of-the-day-is-pfizer-set-up-to-rally\"\u003edecade-lows\u003c/a\u003e after \u003cstrong\u003ePresident-elect Donald Trump\u003c/strong\u003e last week \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/41993115/trump-taps-rfk-jr-for-health-secretary-role-sends-5-vaccine-stocks-lower\"\u003eannounced his intention\u003c/a\u003e to nominate \u003cstrong\u003eRobert F. Kennedy Jr.\u003c/strong\u003e to lead the \u003cstrong\u003eDepartment of Health and Human Services (HHS).\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe decision has heightened concerns over potential policy shifts in vaccine regulation and pharmaceutical oversight, areas central to Pfizer's business.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Kennedy, a known vaccine skeptic, has previously promoted discredited theories \u003ca href=\"https://www.benzinga.com/general/biotech/24/11/42006119/who-calls-vaccines-absolutely-critical-as-trumps-appointment-of-rfk-jr-pulls-pzifer-moderna-stocks-downhill\"\u003elinking vaccines to autism\u003c/a\u003e. His appointment raises questions about the direction of U.S. health policy under Trump's administration, particularly regarding vaccine guidelines and \u003cstrong\u003eFDA\u003c/strong\u003e regulatory practices. \u003c/p\u003e\n\n\n\n\u003cp\u003ePfizer, a global leader in vaccine development with products like the \u003cstrong\u003ePrevnar\u003c/strong\u003e pneumonia vaccine and its groundbreaking COVID-19 vaccine, could face new challenges if Kennedy's policies alter vaccine recommendations or erode public trust.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/24/11/42119511/eli-lilly-stock-tumbles-as-rfk-jr-targets-weight-loss-drugs-buying-opportunity\"\u003eEli Lilly Stock Tumbles As Kennedy Targets Weight Loss Drugs\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eIn addition to vaccines, Pfizer's broader pharmaceutical operations, including its oncology, rare disease and cardiovascular drug segments, may also be affected by changes in FDA approval processes or drug pricing strategies under Kennedy's tenure. His criticism of pharmaceutical companies' influence over public health has fueled speculation about potential reforms targeting industry practices.\u003c/p\u003e\n\n\n\n\u003cp\u003eAnalysts warn that any major shifts in \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/41993115/trump-taps-rfk-jr-for-health-secretary-role-sends-5-vaccine-stocks-lower\"\u003evaccine policy\u003c/a\u003e or regulatory frameworks could have far-reaching consequences for the pharmaceutical sector, with Pfizer among the most exposed.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/general/biotech/24/11/42009107/robert-kennedy-poised-to-lead-health-and-human-services-why-fda-nih-officials-are-nervous\"\u003eRobert Kennedy Jr. Poised To Lead Health And Human Services: Why FDA, NIH Officials Are Nervous\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003eHow To Buy PFE Stock\u003c/h2\u003e\n\n\n\n\u003cp\u003eBy now you're likely curious about how to participate in the market for Pfizer \u0026#8211; be it to purchase shares, or even attempt to bet against the company.\u003c/p\u003e\n\n\n\n\u003cp\u003eBuying shares is typically done through a brokerage account. You can find a list of \u003ca href=\"https://www.benzinga.com/money/best-stock-trading-platforms\"\u003epossible trading platforms here.\u003c/a\u003e Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.\u003c/p\u003e\n\n\n\n\u003cp\u003eIf you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a \u003ca href=\"https://www.benzinga.com/money/how-to-short-a-stock\"\u003estock can be found at this resource.\u003c/a\u003e Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading \u0026#8211; either way it allows you to profit off of the share price decline.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to data from\u0026nbsp;\u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e, PFE has a 52-week high of $31.54 and a 52-week low of $24.48.\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42141374/pfizer-stock-drops-10-in-november-on-news-of-kennedys-hhs-nomination","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/ai-generated-8477673.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/ai-generated-8477673.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/ai-generated-8477673.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"PFE"}],"tags":[{"name":"why it's moving"}]},{"id":42104477,"author":"Ananya Gairola","created":"Thu, 21 Nov 2024 02:55:21 -0400","updated":"Thu, 21 Nov 2024 02:55:21 -0400","title":"Why SpaceX Opted For Standard Starship Landing Over Elon Musk's Innovative 'Chopsticks' Technique","teaser":"SpaceX\u0026#39;s Starship booster catch attempt fell short during a test flight attended by President-elect Donald Trump, highlighting progress and challenges in reusable rocket technology.","body":"\u003cp\u003e\u003cstrong\u003eElon Musk\u003c/strong\u003e-led\u003cstrong\u003e SpaceX\u003c/strong\u003e decided to forgo its ambitious booster-catching attempt during a \u003ca href=\"https://www.benzinga.com/general/space/24/11/42079270/elon-musk-hails-starships-milestone-splashdown-as-trump-watches-one-more-ocean-landing-before-spacex-attempt-to-catch-the-ship-with-the-tower\"\u003ehigh-profile\u003c/a\u003e \u003cstrong\u003eStarship\u003c/strong\u003e test, prioritizing safety with President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e watching the event in Brownsville, Texas.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e During the test on Tuesday, SpaceX had hoped to catch the booster of its Starship rocket using mechanical arms \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/10/41306789/elon-musk-led-spacex-executes-successful-chopsticks-catch-of-starship-booster-copycat-cryp\"\u003eknown as \u0026#8220;chopsticks,\u0026#8221;\u003c/a\u003e a method first successfully demonstrated last month.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, just minutes into the flight, SpaceX engineers abandoned the attempt to catch the booster, opting for a \u0026#8220;booster offshore divert\u0026#8221; due to unspecified criteria not being met, \u003ca href=\"https://www.ft.com/content/86a649a3-564e-4aa5-b1df-07ee7c4a3952\"\u003ereported\u003c/a\u003e Financial Times.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/general/space/24/11/42030143/spacexs-european-rival-raises-160m-for-reusable-space-capsule\"\u003eSpaceX\u0026#8217;s European Rival Raises $160M For Reusable Space Capsule\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Unfortunately a no-go for the catch,\u0026#8221; SpaceX engineer \u003cstrong\u003eKate Tice\u003c/strong\u003e said during the live broadcast on \u003cstrong\u003eX\u003c/strong\u003e, formerly \u003cstrong\u003eTwitter\u003c/strong\u003e,\u0026nbsp; \u0026#8220;It was pretty epic on attempt one, but the safety of the teams and the public and the pad itself are paramount … So we are accepting compromises.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe rocket itself successfully entered orbit, completing a loop around the Earth before the upper stage performed a controlled re-entry and crashed into the Indian Ocean.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile, the booster landed in the Gulf of Mexico but exploded upon impact with the water.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters: \u003c/strong\u003eWhile the booster catch did not succeed, the test still marks a step forward for SpaceX's reusable rocket technology.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company's goal is to significantly reduce the cost of space exploration by reusing boosters, a concept that could lower the cost of a Starship flight from $100 million to $50 million over time.\u003c/p\u003e\n\n\n\n\u003cp\u003eSpaceX remains focused on refining its technology as it prepares for future missions, including a planned \u003ca href=\"https://www.benzinga.com/markets/equities/24/01/36571935/lockheed-and-elon-musks-spacex-encounter-development-issues-nasas-moon-mission-delayed-to-2026-r\"\u003eMoon landing in 2026\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eEarlier this month, the company's COO \u003cstrong\u003eGwynne Shotwell\u003c/strong\u003e also expressed frustration with regulators hindering innovation at SpaceX. \"Permissions are a different thing. Technology is easy. Physics is easy. People are hard; regulator people are the hardest.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite these obstacles, SpaceX's \u003cstrong\u003eStarlink\u003c/strong\u003e satellite network is expected to become \u003ca href=\"https://www.benzinga.com/general/space/24/11/42033393/spacexs-gwynne-shotwell-sees-starlink-becoming-profitable-in-2024-bets-on-starship-making-it-one-of-the-most-valuable-companies-amid-reports-of-tender-offer-valuing-it-over-250b\"\u003eprofitable in 2024\u003c/a\u003e, with the company producing 50-60 satellites each week.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/news/24/08/40618861/faa-grounds-spacexs-falcon-9-after-booster-fails-to-land-upright-polaris-dawn-launch-timeline-hangs\"\u003eFAA Grounds SpaceX\u0026#8217;s Falcon 9 After Booster Fails To Land Upright: Polaris Dawn Launch Timeline Hangs In Limbo\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003e\u003cstrong\u003eDisclaimer:\u003c/strong\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/24/11/42104477/elon-musks-spacex-booster-catch-falls-short-of-full-success-during-starship-test-with-trump-in-attendance","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/SpaceX-Starship.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/SpaceX-Starship.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/SpaceX-Starship.jpeg"}],"channels":[{"name":"News"},{"name":"Tech"}],"stocks":[],"tags":[{"name":"benzinga neuro"},{"name":"chopsticks"},{"name":"Elon Musk"},{"name":"SpaceX"},{"name":"Starship"},{"name":"Stories That Matter"}]},{"id":42151959,"author":"Erica Kollmann","created":"Sat, 23 Nov 2024 09:00:43 -0400","updated":"Sat, 23 Nov 2024 09:00:43 -0400","title":"Financial Crime Weekly: UPS Pays $45M Fine, BIT Mining Pays $4M Fine For Bribery","teaser":"UPS pays a $45 million fine for misrepresenting its earnings and BIT Mining pays a $4 million fine for bribery of foreign officials. ","body":"\u003ch2 class=\"wp-block-heading\"\u003e\u003cstrong\u003eUPS Pays $45 Million Fine For Improperly Valuing Its Worst-Performing Business\u0026nbsp;\u003c/strong\u003e\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe Securities and Exchange Commission (SEC) announced on Friday that it \u003ca href=\"https://www.sec.gov/newsroom/press-releases/2024-184\"\u003esettled charges\u003c/a\u003e against \u003cstrong\u003eUnited Parcel Service Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/UPS#NYSE\"\u003eUPS\u003c/a\u003e) for materially misrepresenting its earnings because it failed to follow generally accepted accounting principles (GAAP) when valuing one of its worst performing businesses.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SEC found that UPS did not record a goodwill impairment for its UPS Freight business division in 2019. If UPS had properly valued Freight, its earnings and other reported items would have been materially lower, the SEC said.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/11/41949068/bitcoin-could-reach-1-million-by-2037-economist-says-buy-of-a-lifetime-opportunity\"\u003e\u003cstrong\u003eBitcoin Could Reach $1 Million By 2037, Economist Says: \u0026#8216;Buy Of A Lifetime\u0026#8217; Opportunity\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Goodwill balances provide investors with valuable insight into whether companies are successfully operating the businesses they own,\" said \u003cstrong\u003eMelissa Hodgman\u003c/strong\u003e, Associate Director at SEC.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Therefore, it is essential for companies to prepare reliable fair value estimates and impair goodwill when required. UPS fell short of these obligations, repeatedly ignoring its own well-founded sale price estimates for Freight in favor of unreliable third-party valuations,\" Hodgman added.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn addition to the $45 million civil penalty, UPS agreed to cease and desist from further violations of these provisions, adopt training requirements for certain officers, directors, and employees, and retain an independent compliance consultant to review and make recommendations about the company's fair value estimates and disclosure obligations.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003e\u003cstrong\u003eBIT Mining To Pay $4 Million Fine For Bribery\u0026nbsp;\u003c/strong\u003e\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe SEC announced on Monday that \u003cstrong\u003eBIT Mining Ltd. \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/BTCM#NYSE\"\u003eBTCM\u003c/a\u003e), formerly known as \u003cstrong\u003e500.com Limited\u003c/strong\u003e,\u003ca href=\"https://www.sec.gov/newsroom/press-releases/2024-180\"\u003e agreed to pay\u003c/a\u003e a $4 million civil penalty to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) from 2017 to 2019 by conducting a widespread bribery scheme to influence foreign officials, including members of Japan's parliament.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SEC's order finds that the bribery scheme involved illicit payments of approximately $2.5 million in the form of cash bribes, entertainment and trips. The order further finds that the bribes were authorized by a 500.com senior executive in an attempt to establish an integrated resort casino in Japan.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Investors must have confidence that the operations and performance of public companies reflect merit and legitimate considerations. Bribery and corruption turn that dynamic on its head, distorting the orderly operation of the markets and undermining investor confidence,\" said \u003cstrong\u003eCharles E. Cain\u003c/strong\u003e, Chief of the SEC Enforcement Division's FCPA Unit.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, the US Department of Justice announced on the same day that it entered into a deferred prosecution agreement in which BIT Mining agreed to pay a $10 million criminal fine, of which $4 million will be satisfied by the company's payment of a civil penalty to the SEC.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eMore Crime Stories:\u003c/strong\u003e Here are other crime stories covered by \u003cstrong\u003eBenzinga\u003c/strong\u003e this week. \u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/global/24/11/42100433/archegos-capitals-bill-hwang-receives-18-year-sentence-for-fraud-market-manipulation\"\u003eArchegos Capital's Bill Hwang Receives 18 Year Sentence For Fraud, Market Manipulation\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/global/24/11/42101365/indian-billionaire-one-of-the-worlds-richest-men-indicted-for-alleged-250-million-bribery-scheme\"\u003eIndian Billionaire, One Of The World\u0026#8217;s Richest Men, Indicted For Alleged $250 Million Bribery Scheme\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42055570/bitfinex-bitcoin-laundering-case-lands-crocodile-of-wall-street-in-jail\"\u003eBitfinex Bitcoin Laundering Case Lands \u0026#8216;Crocodile Of Wall Street\u0026#8217; In Jail\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage: Gerd Altmann from Pixabay\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/legal/24/11/42151959/financial-crime-weekly-ups-pays-45m-fine-bit-mining-pays-4m-fine-for-bribery","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/stock-exchange-7036661-1280.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/stock-exchange-7036661-1280.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/stock-exchange-7036661-1280.jpeg"}],"channels":[{"name":"News"},{"name":"Legal"},{"name":"SEC"}],"stocks":[{"name":"BTCM"},{"name":"UPS"}],"tags":[]},{"id":42025190,"author":"Anan Ashraf","created":"Sat, 16 Nov 2024 22:14:12 -0400","updated":"Sat, 16 Nov 2024 22:14:13 -0400","title":"Nikola Recalls 72 Of Its Trouble-Ridden BEV Trucks As Display Failure Raises Crash Risk","teaser":"Electric truck maker Nikola Corp is recalling 72 battery-electric trucks citing concerns that the instrument panel may fail to display critical safety information, the National Highway Traffic Safety Administration said on Saturday.","body":"\u003cp\u003eElectric truck maker \u003cstrong\u003eNikola Corp\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NKLA#NASDAQ\"\u003eNKLA\u003c/a\u003e) is recalling 72 battery-electric trucks citing concerns that the instrument panel may fail to display critical safety information, the National Highway Traffic Safety Administration (NHTSA) said on Saturday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The recall population includes model year 2022- 2023 battery-electric trucks made by the company. The instrument panel in the vehicles may go black, preventing the driver from seeing necessary information such as speed and range and increasing the risk of a crash, the auto safety regulator said. \u003c/p\u003e\n\n\n\n\u003cp\u003eAs for a solution, the company\u0026#8217;s dealers will replace the instrument panel, free of cost to the customer, it added. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe company is not aware of any injuries or property damage associated with the issue.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Nikola initially began delivering battery electric trucks before its hydrogen fuel cell electric trucks. However, following a few fire incidents, the BEV trucks\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/earnings/23/11/35585371/what-next-for-nikola-after-fire-riddled-recalls-bev-truck-maker-outlines-strategy\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewere subsequently recalled\u003c/a\u003e\u0026nbsp;in August 2023. The company is now returning the recalled battery electric trucks to customers with improved battery packs, renamed BEV 2.0.\u003c/p\u003e\n\n\n\n\u003cp\u003eLate last month, during Nikola\u0026#8217;s third-quarter earnings call, \u003cspan style=\"color: rgb(45, 45, 45); font-family: \u0026quot;Helvetica Neue\u0026quot;, Helvetica, OpenSans, Arial, sans-serif; font-size: 17.6px; white-space-collapse: collapse;\"\u003ecompany CFO\u0026nbsp;\u003c/span\u003e\u003cspan style=\"box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ; font-weight: bolder; color: rgb(45, 45, 45); font-family: \u0026quot;Helvetica Neue\u0026quot;, Helvetica, OpenSans, Arial, sans-serif; font-size: 17.6px; white-space-collapse: collapse;\"\u003eTom Okray\u003c/span\u003e\u0026nbsp;said that while the company has returned 78 trucks that were part of the recall back to customers and dealers, it is yet to deliver another 81 trucks that were part of the recall.\u003c/p\u003e\n\n\n\n\u003cp\u003eNikola reported third-quarter\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/earnings/24/10/41654395/nikola-q3-earnings-revenue-miss-eps-miss-88-fcevs-delivered-fleet-adoption-update-and-more\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erevenue of $25.18 million\u003c/a\u003e, missing analyst\u0026nbsp;estimates\u0026nbsp;of $37.23 million. The EV maker reported a third-quarter adjusted loss of $2.75 per share, missing estimates for a loss of $2.35 per share.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/general/space/24/11/42025066/elon-musks-spacex-delays-starship-test-flight-next-attempt-now-set-for-tuesday\"\u003eElon Musk\u0026#8217;s SpaceX Delays Starship Test Flight, Next Attempt Now Set For Tuesday\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage Courtesy of Nikola Corporation\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/tech/24/11/42025190/nikola-recalls-72-of-its-trouble-ridden-bev-trucks-as-display-failure-raises-crash-risk","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/16/NKLA-Stock.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/16/NKLA-Stock.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/16/NKLA-Stock.jpeg"}],"channels":[{"name":"News"},{"name":"Tech"}],"stocks":[{"name":"NKLA"}],"tags":[{"name":"electric vehicles"},{"name":"EVs"},{"name":"mobility"}]},{"id":42132292,"author":"Ananya Gairola","created":"Fri, 22 Nov 2024 04:32:15 -0400","updated":"Fri, 22 Nov 2024 04:32:16 -0400","title":"Mark Zuckerberg's Meta Cracks Down On $64B 'Pig Butchering' Scams Involving Dating Apps, Social Media And Crypto Investing","teaser":"Meta is intensifying efforts to combat $64 billion \u0026#34;pig butchering\u0026#34; scams by removing over 2 million scam-related accounts, flagging potential fraud, and collaborating with law enforcement, despite criticism of its past handling of such issues.","body":"\u003cp\u003e\u003cstrong\u003eMark Zuckerberg\u003c/strong\u003e-led \u003cstrong\u003eMeta Platforms, Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/META#NASDAQ\"\u003eMETA\u003c/a\u003e) on Thursday announced new efforts to combat the growing \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/23/06/32920991/woman-falls-for-crypto-scammer-on-tinder-loses-entire-401-k-savings-of-100-000\"\u003ethreat of \u0026#8220;pig butchering\u0026#8221; scams\u003c/a\u003e, which have cost Americans billions of dollars each year.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Pig butchering scams typically involve scammers building fake online relationships with victims before convincing them to invest in fraudulent investment schemes, often involving cryptocurrency.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese scams take months to develop, with scammers using dating apps, social media platforms, and messaging apps like \u003cstrong\u003eTelegram\u003c/strong\u003e and \u003cstrong\u003eWhatsApp\u003c/strong\u003e \u003ca href=\"https://www.benzinga.com/news/24/07/39991479/ferrari-executive-targeted-by-deepfake-scam-report\"\u003eto lure in victims\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe U.S. Institute of Peace estimates that up to 300,000 individuals were coerced into participating in scams globally by these criminal organizations, resulting in about $64 billion in stolen funds annually as of 2023.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also:\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/10/41375934/meta-confirms-layoffs-across-instagram-whatsapp-and-reality-labs-amid-strategic-reshuffle\"\u003eMeta Confirms Layoffs Across Instagram, WhatsApp And Reality Labs Amid Strategic Reshuffle\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to Meta, the tech giant has taken down more than 2 million scam-related accounts this year and will begin flagging potential scam messages across its platforms, including\u003cstrong\u003e Facebook\u003c/strong\u003e, \u003cstrong\u003eInstagram\u003c/strong\u003e, and WhatsApp.\u003c/p\u003e\n\n\n\n\u003cp\u003eMeta is sharing information with international law enforcement to help identify and shut down criminal networks behind these scams.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSubscribe to the \u003c/em\u003e\u003ca href=\"https://bztechtrends.beehiiv.com/subscribe\"\u003e\u003cem\u003eBenzinga Tech Trends newsletter\u003c/em\u003e\u003c/a\u003e\u003cem\u003e to get all the latest tech developments delivered to your inbox.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters: \u003c/strong\u003ePig butchering scams are a growing issue, with the FBI reporting nearly $12.5 billion in losses from online fraud in 2023 alone, marking a 22% increase from the previous year.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn May 2024, Meta, \u003cstrong\u003eMatch Group Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MTCH#NASDAQ\"\u003eMTCH\u003c/a\u003e), the owner of \u003cstrong\u003eTinder\u003c/strong\u003e and \u003cstrong\u003eHinge\u003c/strong\u003e, and several cryptocurrency firms formed a coalition.\u003c/p\u003e\n\n\n\n\u003cp\u003eKnown as the \u0026#8220;Tech Against Scams\u0026#8221; coalition, these companies committed to exchanging information about scammers and improving user education.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, that doesn't mean Zuckerberg's Meta has not faced criticism for its role in Fraud cases.\u003c/p\u003e\n\n\n\n\u003cp\u003eEarlier this year, South Korea\u0026#8217;s antitrust regulator examined the possibility of \u003ca href=\"https://www.benzinga.com/news/24/03/37554106/facebook-and-instagrams-marketplace-practices-under-ftc-radar-in-south-korea-for-user-safety-slip-up\"\u003esanctions against Meta\u003c/a\u003e over alleged failures in consumer protection on its online marketplaces.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn December 2022, Zuckerberg faced a lawsuit for his platform\u0026#8217;s involvement in a \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/23/08/33981694/facebook-faces-expulsion-from-thailand-for-failing-to-crack-down-on-scams\"\u003emarijuana investment scam\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eSome anti-scam advocates believe tech companies\u0026#8217; efforts to combat pig butchering are insufficient and delayed.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eJake Sims\u003c/strong\u003e, co-founder of \u003cstrong\u003eOperation Shamrock\u003c/strong\u003e, a global coalition dedicated to tackling scams and the criminal networks behind them, stated that merely warning users and occasionally removing accounts doesn\u0026#8217;t address the full scope of the criminal activity involved.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;After three years of Meta's awareness of this problem on their platforms, the situation is getting worse, not better,\u0026#8221; Sims \u003ca href=\"https://www.nbcnews.com/tech/security/meta-removes-2-million-accounts-related-pig-butchering-scams-rcna181025\"\u003etold\u003c/a\u003e NBC News.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action: \u003c/strong\u003eMeta\u0026#8217;s shares fell by 0.43% on Thursday, closing at $563.09, and dropped an additional 0.34% in after-hours trading, reaching $561.18 as of this writing, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003edata from Benzinga Pro\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Consumer Tech coverage by \u003c/em\u003e\u003ca href=\"https://www.benzinga.com/topic/consumer-tech\"\u003e\u003cem\u003efollowing this link\u003c/em\u003e\u003c/a\u003e\u003cem\u003e.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/news/global/24/11/42053801/alphabets-life-sciences-firm-verily-to-become-a-standalone-entity-disconnect-from-google\"\u003e\u003cstrong\u003eAlphabet's Life Sciences Firm Verily To Become A Standalone Entity, Disconnect From Google\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003e\u003cstrong\u003eDisclaimer:\u003c/strong\u003e This content was partially produced with the help of \u003c/em\u003e\u003ca href=\"https://www.benzinga.com/author/benzinga-neuro\"\u003e\u003cem\u003eBenzinga Neuro\u003c/em\u003e\u003c/a\u003e\u003cem\u003e and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Meta\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/24/11/42132292/mark-zuckerbergs-meta-takes-on-64b-pig-butchering-scams-targeting-people-through-dating-apps-social-media-crypto-investing-and-other-apps","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/Pig-Butchering-scams.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/Pig-Butchering-scams.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/Pig-Butchering-scams.jpeg"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"Tech"}],"stocks":[{"name":"META"},{"name":"MTCH"}],"tags":[{"name":"benzinga neuro"},{"name":"Consumer Tech"},{"name":"Cybersecurity"},{"name":"Software \u0026amp; Apps"},{"name":"Stories That Matter"},{"name":"Telegram"},{"name":"WhatsApp"}]},{"id":32623067,"author":"Ananya Gairola","created":"Sun, 14 Apr 2024 21:48:13 -0400","updated":"Sun, 14 Apr 2024 21:48:18 -0400","title":"How To Take The Perfect Moon Shot Using An iPhone 15","teaser":"Despite these challenges, with the right techniques and settings, it\u0026#39;s still possible to capture stunning photos of the moon with iPhone 14. ","body":"\u003cp\u003eWhile \u003cstrong\u003eAndroid \u003c/strong\u003ephones may have the edge for nightscape photography, the latest iPhone 15 series has vastly improved its ability to capture stunning night sky shots. Despite the jokes about iPhones struggling with astrophotography, there are several ways to get impressive moon shots and celestial images using Apple\u0026#8217;s flagship phones.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn our digital, social media-driven age, smartphone photography has taken center stage, allowing users to capture and share special moments easily. Among the popular subjects, photographing the moon presents a unique challenge that has piqued the interest of many amateur and professional mobile photographers alike.\u003c/p\u003e\n\n\n\n\u003cp\u003eWith some tips and tricks, along with the iPhone 15\u0026#8217;s enhanced camera capabilities, even novice shutterbugs can aim to \u0026#8220;shoot for the moon\u0026#8221; and come away with incredible astrophotos that let them \u0026#8220;land among the stars.\u0026#8221; From optimizing settings to using add-on lenses and apps, unlocking the full potential of the iPhone 15\u0026#8217;s night mode can yield celestial shots that were nearly impossible on previous iPhone generations.\u003c/p\u003e\n\n\n\n\u003cp\u003eSo don\u0026#8217;t let the Android nightscape supremacy discourage you. With a little know-how and Apple\u0026#8217;s latest camera advancements, the sky is no longer the limit for iPhone astrophotography enthusiasts.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe iPhone Camera: A Game Changer\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/23/01/30336631/the-iphone-was-unveiled-16-years-ago-heres-how-much-1-000-invested-in-apple-stock-after-the-debut-is\"\u003eSince its debut in 2007\u003c/a\u003e, the iPhone has been a trendsetter, defining what a smartphone should be. A key aspect of its success lies in its camera, which has continually evolved to offer high-quality photography capabilities that rival traditional cameras.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe first iPhone was equipped with a modest 2-megapixel camera, a breakthrough in mobile technology at that time, but Apple didn\u0026#8217;t stop there.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eFor instance, the iPhone 4 introduced the first-ever front-facing camera for selfies and FaceTime, while the iPhone 5 brought a sapphire crystal lens cover for clearer photos. The iPhone 6 Plus was the first to offer optical image stabilization, compensating for a handshake and allowing for sharper images in low-light conditions.\u003c/p\u003e\n\n\n\n\u003cp\u003eFast forward to today, the iPhone 15 lineup boasts a dual-camera system (triple in the Pro models) with a 48-megapixel wide camera and a 12MP ultrawide camera capable of Night mode, Deep Fusion, and Smart HDR 3, offering decent low-light and high-detail photography.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn addition, the iPhone 15 Pro models come with a LiDAR Scanner, enhancing AR experiences and providing Night mode portraits. The Pro models also offer ProRAW, allowing users to creatively control how images are processed and providing many of the benefits of shooting RAW while maintaining the advantages of Apple\u0026#8217;s computational photography.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eUnderstanding the Challenges of Moon Photography\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003ePhotographing the moon might seem as simple as pointing your camera to the sky and pressing the shutter button, but anyone who has tried it knows that it\u0026#8217;s not that easy.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eOne of the main difficulties arises from the moon being a bright object set against a very dark sky. This contrast can confuse your camera\u0026#8217;s automatic exposure settings, causing it to overexpose the moon and turn it into a featureless, glowing orb or underexpose the surrounding sky, rendering it completely black and losing all the interesting details like stars and clouds.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe moon is also much smaller in the sky than it appears to our eyes. This is due to a psychological effect known as the \u0026#8220;moon illusion,\u0026#8221; which makes the moon seem larger when it is near the horizon compared to when it is high in the sky. As a result, when you try to photograph the moon, especially with a smartphone, it often looks like a small, bright dot in the frame.\u003c/p\u003e\n\n\n\n\u003cp\u003eAnother challenge is the distance. On average, the moon is about 238,855 miles away from Earth, so capturing detailed shots of its surface requires a good amount of zoom.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eLastly, environmental factors can also affect your moon photography. Things like light pollution in urban areas can wash out the details of the moon, while clouds can obscure it completely. Even atmospheric turbulence can distort the moon\u0026#8217;s image and reduce its sharpness.\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite these challenges, with the right techniques and settings, it\u0026#8217;s still possible to capture stunning photos of the moon with iPhone 15 devices.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also: \u003c/em\u003e\u003ca href=\"https://www.benzinga.com/news/23/05/32420291/should-i-buy-iphone-14-or-wait-for-iphone-15\"\u003e\u003cem\u003eShould I Buy iPhone 14 Or Go For iPhone 15?\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePreparing for Your Moon Shot\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eGetting that perfect shot of the moon with your iPhone 15 involves a bit more than just holding up your phone and pressing a button. Here\u0026#8217;s a step-by-step guide to help you prepare for your moon photography adventure:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003e\u003cstrong\u003ePlan For Moon Photography\u003c/strong\u003e\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003eBefore you even start fiddling with your iPhone, you need to plan. Research the moon\u0026#8217;s phases and the best times to capture it. Full moons are typically the most popular times for moon photography due to their size and brightness. However, other phases can also provide interesting opportunities for unique shots.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003col start=\"2\"\u003e\n\u003cli\u003e\u003cstrong\u003eUnderstanding The Moon\u0026#8217;s Phases And Best Times For Photos\u003c/strong\u003e\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003eThe moon goes through different phases throughout the month, each presenting a unique opportunity for photography. A full moon can provide the brightest light, while a crescent moon can add a sense of mystery to your photos. The best time to shoot the moon is usually during \u0026#8220;golden hour\u0026#8221; – the hour after sunrise or before sunset – when the light is softer and more colorful.\u003c/p\u003e\n\n\n\n\u003col start=\"3\"\u003e\n\u003cli\u003e\u003cstrong\u003eEssential Gear For Moon Photography With An iPhone\u003c/strong\u003e\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003eWhile the iPhone 14\u0026#8217;s camera is powerful, a few additional pieces of gear can help you take even better moon photos. A tripod is crucial to keep your phone stable, especially if you\u0026#8217;re shooting in low light or using a long exposure. Any flat surface or smartphone holder can work if you don\u0026#8217;t have a tripod. A telephoto lens attachment can also be helpful to get closer to the moon and capture more details.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eStep-By-Step Guide: How to Capture the Perfect Moon Shot On iPhone 14\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eStep I: Setting Up Your iPhone for the Shot\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eStart by turning off your flash, as it won\u0026#8217;t affect the moon and could hinder your shot. Make sure your lens is clean and free of smudges.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eStep II: Adjusting Camera Settings for Moon Photography\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eOpen your iPhone\u0026#8217;s native camera app and switch to the most zoomed-in lens available. If you have a telephoto lens attachment, now is the time to use it.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eStep III: Tips for Focusing and Zooming\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eTo get a clear shot of the moon, tap on it on your screen to focus. You might want to tap and hold to lock the focus with the AE/AF Lock feature. Pinch to zoom in further, but be careful not to zoom in too much, as digital zoom can reduce image quality.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eStep IV: Using the Exposure and Sundial Features\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAfter focusing, you\u0026#8217;ll want to adjust the exposure. Dragging the sun icon next to the focus box down will lower the exposure, making the moon appear darker and showing more details. \u003ca href=\"https://www.benzinga.com/news/23/01/30366440/viral-tiktok-video-shows-you-how-to-deliver-perfect-shots-of-moon-on-iphone-14\"\u003eAccording to a viral TikTok video\u003c/a\u003e, setting the exposure to 2.0 and zooming in on the moon as far as possible can help capture the moon\u0026#8217;s details.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePost-Processing: Enhancing Your Moon Shots\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003ePost-processing is where you can turn a good photo into a great one. Apps like Adobe Lightroom or Snapseed offer powerful editing tools to enhance contrast, brightness, and other elements of your moon photos.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSamsung Vs. Apple: Best Device To Click Moon Shots\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe debate between Samsung and Apple continues in the realm of moon photography. Samsung\u0026#8217;s \u0026#8220;Space Zoom\u0026#8221; feature has \u003ca href=\"https://www.benzinga.com/news/23/02/30750200/no-its-not-an-iphone-elon-musk-impressed-by-this-smartphones-insane-zoom-capability\"\u003ebeen recognized for capturing detailed photos\u003c/a\u003e of the moon. However, recent discussions have \u003ca href=\"https://www.benzinga.com/news/23/03/31337919/samsung-is-allegedly-faking-zoom-photos-of-the-moon-wonder-how-elon-musk-will-react-now\"\u003equestioned the authenticity of these images\u003c/a\u003e, citing that the device adds details that were absent originally.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eConversely, the iPhone\u0026#8217;s method is more straightforward, allowing users to capture the moon as seen by the naked eye, with the option of editing for improvement.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eConclusion\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eCapturing the perfect moon shot with your iPhone 15 combines understanding the moon, proper planning, and post-processing. With these tips and techniques, you can capture the moon in all its glory using your iPhone 15.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eRemember, photography is as much an art as it is a science, so don\u0026#8217;t be afraid to experiment with different settings and angles. Happy shooting!\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eFAQs About iPhone Moon Photography\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003e\u003cstrong\u003eWhy are my moon photos blurry?\u003c/strong\u003e\n\u003cul\u003e\n\u003cli\u003eThis could be due to incorrect focus or a camera shake. Make sure to use a tripod and the self-timer function to minimize shake.\u003c/li\u003e\n\u003c/ul\u003e\n\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCan I capture the moon\u0026#8217;s details with my iPhone 15?\u003c/strong\u003e\n\u003cul\u003e\n\u003cli\u003eAbsolutely! By following the tips as mentioned above and using the right photo editing apps, you can effectively capture and enhance the moon\u0026#8217;s details.\u003c/li\u003e\n\u003c/ul\u003e\n\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDo I need additional equipment to photograph the moon with my iPhone 15?\u003c/strong\u003e\n\u003cul\u003e\n\u003cli\u003eWhile you can capture the moon using just your iPhone, a tripod can be beneficial for stability and precision. Also, consider using a telephoto lens attachment for increased zoom capabilities.\u003c/li\u003e\n\u003c/ul\u003e\n\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eWhat is the best time to photograph the moon?\u003c/strong\u003e\n\u003cul\u003e\n\u003cli\u003eThe best time often depends on the phase of the moon. However, the \u0026#8220;golden hour\u0026#8221; after sunrise or before sunset often provides beautiful lighting conditions.\u003c/li\u003e\n\u003c/ul\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eEditor's Note: Artificial intelligence was used as a secondary aid in the writing of this story.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga\u0026#8217;s Consumer Tech coverage by \u003c/em\u003e\u003ca href=\"https://www.benzinga.com/topic/consumer-tech\"\u003e\u003cem\u003efollowing this link\u003c/em\u003e\u003c/a\u003e\u003cem\u003e.\u0026nbsp;\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next: \u003c/em\u003e\u003ca href=\"https://www.benzinga.com/news/23/05/32507470/apple-wwdc-2023-5-features-to-expect-from-ios-17-for-the-iphone\"\u003e\u003cem\u003eApple WWDC 2023: 5 Features To Expect From iOS 17 For The iPhone\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/23/05/32623067/how-to-take-the-perfect-moon-shot-using-an-iphone-14","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/04/14/iPhone-14-Pro-with-48MP-Main-camera.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/04/14/iPhone-14-Pro-with-48MP-Main-camera.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/04/14/iPhone-14-Pro-with-48MP-Main-camera.jpeg"}],"channels":[{"name":"News"},{"name":"Education"},{"name":"Top Stories"},{"name":"Tech"}],"stocks":[{"name":"AAPL"}],"tags":[{"name":"Appleverse"},{"name":"camera"},{"name":"Consumer Tech"},{"name":"ICYMI"},{"name":"iPhone 14"},{"name":"moon"},{"name":"photography hack"}]},{"id":42151341,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 03:04:55 -0400","updated":"Sat, 23 Nov 2024 03:41:34 -0400","title":"Volkswagen's Affordable ID.2 EV Set For 2025 Launch, SUV Variant To Follow: 'Stable And Likable With Our Secret Sauce'","teaser":"Volkswagen is gearing up to introduce its budget-friendly ID.2 electric vehicle by the end of 2025, with an SUV version to follow.","body":"\u003cp\u003e\u003cstrong\u003eVolkswagen\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/VWAGY#OTC\"\u003eVWAGY\u003c/a\u003e)\u0026nbsp;is gearing up to introduce its budget-friendly ID.2 electric vehicle by the end of 2025, with an SUV version to follow. This move marks a significant step in Volkswagen\u0026#8217;s strategy to expand its electric vehicle lineup.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: Volkswagen\u0026nbsp;is on schedule to release its budget-friendly ID.2 electric vehicle by late 2025, \u003ca href=\"https://www.autocar.co.uk/car-news/new-cars/volkswagen-overhaul-entire-electric-car-line-up-2026\"\u003ereported\u003c/a\u003e Autocar. This model is expected to be the most economical in the company\u0026#8217;s lineup, priced under $27,000 (€25,000).\u003c/p\u003e\n\n\n\n\u003cp\u003eAt the LA Auto Show,\u0026nbsp;Volkswagen\u0026#8217;s tech development head,\u0026nbsp;\u003cstrong\u003eKai Grünitz\u003c/strong\u003e, confirmed that the ID.2 will lead a major overhaul of the brand\u0026#8217;s \u0026#8220;ID\u0026#8221; electric car series. Grünitz indicated that significant advancements are anticipated,\u0026nbsp;starting in 2026, with a\u0026nbsp;fresh design approach.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"It's matching 100% to our brand values: it will be stable and likable with our secret sauce—but in a different way,\" Grünitz said, according to the report.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also:\u0026nbsp;\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42081589/tesla-electric-offers-unlimited-overnight-charging-for-just-5-a-month-as-ev-giant-races-toward-500k-sales-target?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cstrong\u003eTesla Electric Offers Unlimited Overnight Charging For Just $5 A Month As EV Giant Races Toward 500K Sales Target\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe\u0026nbsp;ID.2 will be the first\u0026nbsp;vehicle to utilize\u0026nbsp;Volkswagen\u0026#8217;s new MEB Entry Platform. An SUV version is slated for a reveal\u0026nbsp;at the Munich Motor Show\u0026nbsp;in September 2025, with a GTI model also in development.\u003c/p\u003e\n\n\n\n\u003cp\u003eGrünitz emphasized that the ID.2 will mark a new beginning for\u0026nbsp;Volkswagen, with customers noticing a substantial transformation. The vehicle promises a range of up to 279 miles (450 km) and combines the spaciousness of a Golf with the affordability of a Polo.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e:\u0026nbsp;Volkswagen\u0026#8217;s push to launch the ID.2 comes amid a challenging period for the company.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn the third quarter of 2024, the automaker experienced a 10% decline in electric vehicle sales, primarily in the U.S. and Europe, although\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/10/41307960/volkswagen-ev-sales-drop-10-in-q3-due-to-slowdown-in-us-and-eu-but-china-shines-as-a-bright-spot-wit\"\u003eChina showed a 5% growth\u003c/a\u003e. This underscores the importance of the ID.2 as a strategic move to capture a larger market share.\u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile, Volkswagen has been making strategic investments, such as increasing its stake in \u003cstrong\u003eRivian Automotive Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/RIVN#NASDAQ\"\u003eRIVN\u003c/a\u003e). Analysts see this as a vital step for both companies, aiding in production and cost efficiency. The collaboration is expected to provide \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41938838/rivians-deal-with-volkswagen-will-help-ev-giant-navigate-the-ship-in-stormy-waters-says-top-analyst-maintains-outperform-rating-with-20-target\"\u003ecapital for future growth\u003c/a\u003e, enhancing vehicle offerings and software integration.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003c/em\u003e\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cem\u003efollowing this link.\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon\"\u003e\u003cstrong\u003eTesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer\u003c/em\u003e:\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Volkswagen\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/tech/24/11/42151341/volkswagens-affordable-id-2-ev-set-for-2025-launch-suv-variant-to-follow-stable-and-likable-with-our-secret-sauce","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Volkswagen-ID-2_0.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Volkswagen-ID-2_0.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Volkswagen-ID-2_0.jpeg"}],"channels":[{"name":"News"},{"name":"Tech"}],"stocks":[{"name":"RIVN"},{"name":"VWAGY"}],"tags":[{"name":"benzinga neuro"},{"name":"electric vehicles"},{"name":"EVs"},{"name":"mobility"},{"name":"Volkswagen ID.2"}]},{"id":42112653,"author":"Adam Eckert","created":"Thu, 21 Nov 2024 10:09:19 -0400","updated":"Thu, 21 Nov 2024 10:09:20 -0400","title":"Bitcoin Mining Stock MARA Holdings Is Outpacing Peers: What's Going On?","teaser":"MARA Holdings Inc (NASDAQ:MARA) shares are trading higher Thursday as Bitcoin (CRYPTO: BTC) hits new all-time highs. MARA Holdings is outpacing its Bitcoin-mining peers.","body":"\u003cp\u003e\u003cstrong\u003eMARA Holdings Inc \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MARA#NASDAQ\"\u003eMARA\u003c/a\u003e) shares are trading higher Thursday as \u003cstrong\u003eBitcoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) hits new all-time highs. MARA Holdings is outpacing its Bitcoin-mining peers. Here\u0026#8217;s a look at \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42109267/bitcoin-hits-new-all-time-high-above-98000-as-spot-etfs-crack-100-billion-net-asset-value-milestone\"\u003ewhat\u0026#8217;s going on\u003c/a\u003e. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Bitcoin was up about 3.4% over a 24-hour period and more than 7% over the past week, trading around $97,500 at the time of publication, according to \u003ca href=\"http://pro.benzinga.com\"\u003eBenzinga Pro\u003c/a\u003e. The rally in Bitcoin comes amid continued optimism surrounding a more favorable regulatory environment following President-elect \u003cstrong\u003eDonald Trump\u0026#8217;s \u003c/strong\u003eelection win. \u003c/p\u003e\n\n\n\n\u003cp\u003eReports from Wednesday suggested the Trump team is considering various candidates for a\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42098407/donald-trump-reportedly-eyeing-the-first-crypto-focused-role-in-the-white-house\"\u003e potential crypto role\u003c/a\u003e that would help bridge the gap between the White House, Congress and regulatory bodies. \u003c/p\u003e\n\n\n\n\u003cp\u003eSeveral crypto-related stocks are rallying Thursday, but MARA Holdings is outpacing other mining stocks, which may be a result of the \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/39958725/marathon-digital-buys-bitcoin-adopts-full-hodl-strategy-whats-going-on-with-the-mining-sto\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u0026#8220;full HODL\u0026#8221;\u003c/a\u003e strategy the company put in place earlier this year. The strategy involves holding all Bitcoin the company mines and periodically making strategic open market purchases. \u003c/p\u003e\n\n\n\n\u003cp\u003eMARA Holdings on Thursday announced that it completed an offering of 0.00% convertible senior notes due 2030 for an aggregate amount of $1 billion. Net proceeds from the sales of the notes were approximately $980 million. The company will use $199 million to repurchase some of its notes due 2026. The rest of the proceeds will be used to acquire additional Bitcoin.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe market appears to be applauding MARA Holdings\u0026#8217; plan to raise capital to accumulate more Bitcoin, similar to the playbook \u003cstrong\u003eMicroStrategy Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) has followed, which has helped the stock surge more than 650% year-to-date. MARA Holdings said it held a total of \u003ca href=\"https://www.benzinga.com/news/earnings/24/11/41923273/mara-holdings-q3-earnings-revenue-miss-eps-miss-2070-bitcoin-mined-energized-hash-rate-up-9-exahash-target-firmly-in-sight\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e26,747 Bitcoin\u003c/a\u003e as of Sept. 30.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42107053/mstr-climbs-over-8-in-thursday-pre-market-as-bitcoin-approaches-98000-michael-saylors-company-has-more-than-doubled-the-investors-wealth-since-trumps-victory\"\u003eMSTR Climbs Over 8% In Thursday Pre-Market As Bitcoin Approaches $98,000: Michael Saylor\u0026#8217;s Company Has More Than Doubled The Investors\u0026#8217; Wealth Since Trump\u0026#8217;s Victory\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eMARA Price Action:\u003c/strong\u003e MARA Holdings shares were up 10.4% at $24.98 at the time of publication Thursday, according to \u003ca href=\"http://pro.benzinga.com\"\u003eBenzinga Pro\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Shutterstock.\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/news/offerings/24/11/42112653/bitcoin-mining-stock-mara-holdings-is-outpacing-peers-whats-going-on","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/bitcoin-shutter3.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/bitcoin-shutter3.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/bitcoin-shutter3.jpeg"}],"channels":[{"name":"News"},{"name":"Offerings"},{"name":"Movers"}],"stocks":[{"name":"$BTC"},{"name":"MARA"},{"name":"MSTR"}],"tags":[{"name":"why it's moving"}]},{"id":42145053,"author":"Henry Khederian","created":"Fri, 22 Nov 2024 14:39:21 -0400","updated":"Fri, 22 Nov 2024 14:39:21 -0400","title":"What's Driving Small-Cap Success For iShares Russell 2000 ETF (IWM) In November?","teaser":"U.S. small-cap stocks have delivered an exceptional performance this November. The iShares Russell 2000 ETF has climbed 8.5% in November.","body":"\u003cp\u003eU.S. small-cap stocks have delivered an \u003ca href=\"https://www.benzinga.com/partner/markets/24/11/42086831/how-the-intersection-of-public-health-and-politics-can-shift-the-societal-landscape\"\u003eexceptional performance this November\u003c/a\u003e, with the \u003cstrong\u003eiShares Russell 2000 ETF\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/IWM#NASDAQ\"\u003eIWM\u003c/a\u003e) climbing 8.5% and outpacing the \u003cstrong\u003eSPDR S\u0026amp;P 500 ETF Trust\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SPY#NASDAQ\"\u003eSPY\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003eThis year's rally for IWM is driven by supportive monetary policy, political developments, and economic resilience. The \u003cstrong\u003eFederal Reserve's\u003c/strong\u003e recent rate cuts, including a 25-basis-point reduction in November, have reduced borrowing costs, particularly benefiting small-cap companies that rely heavily on credit.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat To Know:\u003c/strong\u003e Small-cap companies, which constitute the bulk of the Russell 2000 index, are typically more sensitive to borrowing costs than their larger counterparts.\u003c/p\u003e\n\n\n\n\u003cp\u003eUnlike large-cap companies, which often have diversified funding sources and international revenue streams, small-caps rely heavily on domestic lending to finance operations, expansion and innovation.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42140842/sp-500-faces-volatile-2025-as-inflation-boom-could-return-bank-of-america-strategist\"\u003eS\u0026amp;P 500 Faces Volatile 2025 As \u0026#8216;Inflation Boom\u0026#8217; Could Return: Bank Of America Strategist\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eLower interest rates directly reduce borrowing costs, improving profit margins for small-cap firms. Additionally, cheaper credit can enable these businesses to invest more aggressively in growth initiatives, such as hiring, capital expenditures and research and development.\u003c/p\u003e\n\n\n\n\u003cp\u003eRate cuts also typically encourage a rotation into riskier assets like small caps, as the lower yields on fixed-income securities push investors to seek higher returns in equities. This shift in investor sentiment is another factor behind the strong performance of IWM during periods of monetary easing.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Else:\u003c/strong\u003e Optimism surrounding the \u003cstrong\u003eRepublican\u003c/strong\u003e sweep in the 2024 elections has further bolstered small caps, as investors anticipate \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/41772701/trumps-historic-return-7-ways-his-second-term-could-impact-the-us-economy\"\u003eregulatory rollbacks\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eEconomic fundamentals have added fuel to the rally. The U.S. economy remains strong, with \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41631465/us-gdp-rises-2-8-in-q3-but-can-the-momentum-last-what-6-top-economists-are-saying\"\u003esteady GDP growth\u003c/a\u003e and a robust labor market supporting consumer confidence and domestic demand, key drivers for small-cap stocks.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/42141413/us-business-activity-soars-to-31-month-highs-in-november-small-caps-rally-dow-tops-44000\"\u003eUS Business Activity Soars To 31-Month Highs In November: Small Caps Rally, Dow Tops 44,000\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\"\u003e\u003cstrong\u003eIWM Performance After Recent Elections\u003c/strong\u003e\u003c/h2\u003e\n\n\n\n\u003cp\u003eHistorical data from \u003ca href=\"https://www.benzinga.com/pro/register?gspk=bHVrZWphY29iaTUzNDg\u0026amp;gsxid=EfCj4A0Ti3Vk\"\u003eBenzinga Pro\u003c/a\u003e suggests that the performance of small caps, including IWM, often reflects broader market sentiment driven by post-election policies, economic expectations and seasonal trends.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eNovember 2020 (Post-Biden Election)\u003c/strong\u003e: Following the election of Joe Biden, IWM experienced a sharp rally, increasing by \u003cstrong\u003e18.24%\u003c/strong\u003e in November 2020. This surge was largely driven by investor optimism surrounding the COVID-19 vaccine and the possibility of new fiscal stimulus.\u003cbr\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eNovember 2016 (Post-Trump Election)\u003c/strong\u003e: After Donald Trump won the election in November 2016, IWM rose by approximately \u003cstrong\u003e6.5%\u003c/strong\u003e. This was fueled by expectations of pro-business policies, including tax cuts and deregulation.\u003cbr\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eNovember 2012 (Post-Obama Re-election)\u003c/strong\u003e: In November 2012, after President Obama was re-elected, IWM saw more modest growth, rising by about \u003cstrong\u003e1.5%\u003c/strong\u003e. This reflected investor expectations of stability under Obama's second term.\u003cbr\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eNovember 2008 (Post-Obama's First Election)\u003c/strong\u003e: Following Barack Obama's first election, small-cap stocks faced challenges in the aftermath of the financial crisis. IWM declined by approximately \u003cstrong\u003e5%\u003c/strong\u003e in November 2008 as the market struggled amid the global economic downturn.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize\"\u003eDOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42145053/whats-driving-small-cap-success-for-ishares-russell-2000-etf-iwm-in-november","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/22/entrepreneur-1340649.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/22/entrepreneur-1340649.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/22/entrepreneur-1340649.jpeg"}],"channels":[{"name":"News"}],"stocks":[{"name":"IWM"},{"name":"SPY"}],"tags":[{"name":"why it's moving"}]},{"id":42108681,"author":"Anan Ashraf","created":"Thu, 21 Nov 2024 08:17:50 -0400","updated":"Thu, 21 Nov 2024 08:17:50 -0400","title":"SpaceX Shows Off Starship Concept Designed To Help Humans Land Back On Moon In Over 50 Years","teaser":"SpaceX provided a conceptual image of the Starship Human Landing System (HLS) aimed at enabling astronauts to land back on the Moon since 1971.","body":"\u003cp\u003e\u003cstrong\u003eSpaceX\u003c/strong\u003e provided a conceptual image of the Starship Human Landing System (HLS) aimed at enabling astronauts to land back on the surface of the Moon for the first time since 1971.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The HLS version of the Starship will not have a heat shield and flaps aimed at protecting the vehicle against the heat of Earth\u0026#8217;s atmosphere. Instead, it will have landing legs aimed at enabling it to land on the Moon, SpaceX CEO \u003cstrong\u003eElon Musk \u003c/strong\u003esaid on Tuesday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;This could (of course) only be used between trans-lunar orbit and lunar surface, given no heat shield or flaps,\u0026#8221; he said in a post on X.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eStarship will be used to land astronauts on the lunar surface on NASA\u0026#39;s Artemis III mission, which will put the first humans on the Moon since 1972 \u003ca href=\"https://t.co/qLiRp0PSAp\"\u003epic.twitter.com/qLiRp0PSAp\u003c/a\u003e\u003c/p\u003e\u0026mdash; SpaceX (@SpaceX) \u003ca href=\"https://twitter.com/SpaceX/status/1858991247312212112?ref_src=twsrc%5Etfw\"\u003eNovember 19, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThe Starship HLS, which is about 50 meters tall, will carry astronauts from lunar orbit to the Moon\u0026#8217;s surface and back for NASA\u0026#8217;s Artemis 3 and 4 missions, \u003ca href=\"https://www.benzinga.com/news/24/10/41400036/nasa-assigns-2-missions-to-spacex-for-2025-after-boeings-starliner-stranded-astronauts\"\u003eaccording to NASA\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e During the Artemis 3 mission, slated for no earlier than September 2026, the Starship HLS will be launched first and it will wait for NASA\u0026#8217;s Orion spacecraft in lunar orbit after filling its tanks in space. Once the Orion spacecraft arrives, the HLS will dock with it. Two of the four crew members on the mission will transfer from Orion to Starship and descend to the surface of the moon.\u003c/p\u003e\n\n\n\n\u003cp\u003eOn the completion of their mission objections on the surface of the moon in about a week, they will return in the Starship to the Orion spacecraft waiting in lunar orbit and subsequently return to Earth.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, before attempting the crewed mission, SpaceX will also perform an uncrewed landing demonstration on the Moon.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe last time humans set foot on the Moon was in 1972\u0026nbsp;\u003ca href=\"https://www.benzinga.com/news/24/01/36692749/just-a-worse-version-of-apollo-elon-musk-baffled-by-nasa-veterans-push-to-ditch-spacex-blue-origin-a\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ewith Apollo 17\u003c/a\u003e. Since then, no crew has traveled beyond low-Earth orbit.\u003c/p\u003e\n\n\n\n\u003cp\u003eStarship is currently in the development and testing phase. The company has completed \u003ca href=\"https://www.benzinga.com/general/space/24/11/42105704/spacex-ceo-elon-musk-reveals-technical-glitch-that-led-company-to-drop-key-objective-of-starships-6th-test-flight\"\u003e6 flight tests\u003c/a\u003e of the launch vehicle so far but it has yet to carry any payload to space. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eCheck out more of Benzinga's Future Of Mobility coverage by\u0026nbsp;\u003ca href=\"https://www.benzinga.com/topic/mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003efollowing this link.\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42058338/byd-makes-a-million-nevs-in-less-than-2-months\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eBYD Makes A Million NEVs In Less Than 2 Months After Beating Tesla For The First Time Since 2022 In Quarterly Revenue\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: SpaceX\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/21/SpaceX-Starship-Moon.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/21/SpaceX-Starship-Moon.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/21/SpaceX-Starship-Moon.jpeg"}],"channels":[{"name":"News"},{"name":"SPACE"},{"name":"Tech"}],"stocks":[],"tags":[{"name":"Elon Musk"},{"name":"mobility"},{"name":"SpaceX"},{"name":"Starship"}]}],"topStoriesFeed":[{"id":42152840,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 15:45:18 -0400","updated":"Sat, 23 Nov 2024 15:45:19 -0400","title":"Newsom Unveils Economic Blueprint To Ignite Job Growth, Sees 'Expansion Throughout Every Community of California'","teaser":"Gov. Gavin Newsom (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and regional economic growth across the state.","body":"\u003cp\u003eGov. \u003cstrong\u003eGavin Newsom\u003c/strong\u003e (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/10/41547103/new-rules-old-challenges-californias-cannabis-industry-grapples-with-regulations\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eregional economic growth across the state\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe blueprint focuses on building a sustainable economy by directing investments into ten key industry sectors, with a focus on innovation, sustainable growth, and access to good-paying jobs, per a \u003ca href=\"https://www.gov.ca.gov/2024/11/21/regional-economic-development-plans/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erelease\u003c/a\u003e on the Governor\u0026#8217;s official website.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe full plan will be released early next year, alongside $120 million in funding to support job-creating projects over the next three years.\u003c/p\u003e\n\n\n\n\u003cp\u003eSpeaking in Fresno alongside community leaders and business owners from the Central San Joaquin region, Newsom said that this bottom-up approach, developed through extensive community input, would help shape the future of California\u0026#8217;s economy.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals\" rel=\"noreferrer noopener\"\u003eTesla Cybertruck Part Of Donald Trump\u0026#8217;s Motorcade, Will Vehicle Land Government Deals?\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;From agriculture to clean energy to manufacturing and everything in between, these blueprints will foster growth and expansion throughout every community of California,\u0026#8221; Newsom said.\u003c/p\u003e\n\n\n\n\u003cp\u003eMore 10,000 local residents and experts participated in identifying priority sectors that will drive regional economies.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe framework categorizes California\u0026#8217;s economy into four key segments:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eStrengthen (established sectors with leveling growth)\u003c/li\u003e\n\n\n\n\u003cli\u003eAccelerate (growing sectors poised for expansion with strategic investments)\u003c/li\u003e\n\n\n\n\u003cli\u003eBet (emerging sectors with high investment potential), and\u003c/li\u003e\n\n\n\n\u003cli\u003eAnchor (foundational sectors that support broader industry and community activities). \u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAccording to Newsom, this approach will ensure that both current and future industries provide good, well-paying jobs for Californians, particularly in underserved communities.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs part of the California Jobs First initiative, the blueprint also emphasizes workforce development. Through this effort, California is focusing on ensuring its workforce is well-prepared to meet the specific needs of priority industries.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe state has also invested heavily in training programs, with over $4 billion in state funding directed towards workforce development, apprenticeship, and education initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eNewsom\u0026#8217;s plan builds on previous efforts, such as the Community Economic Resilience Fund (CERF) and the Regional Investment Initiative, which collectively aim to create high-quality, accessible jobs across all 13 of California\u0026#8217;s regions.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","url":"https://www.benzinga.com/politics/24/11/42152840/newsom-unveils-economic-blueprint-to-ignite-job-growth-sees-expansion-throughout-every-community-of-california","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg"}],"channels":[{"name":"Politics"}],"stocks":[],"tags":[]},{"id":42151809,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 08:00:44 -0400","updated":"Sat, 23 Nov 2024 08:00:45 -0400","title":"Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin: 'May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now'","teaser":"MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin (CRYPTO: BTC) ","body":"\u003cp\u003e\u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) co-founder \u003cstrong\u003eMichael Saylor\u003c/strong\u003e has revealed that the company is minting $500 million a day as \u003cstrong\u003eBitcoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003einches closer to $100,000\u003c/a\u003e for the first time in its history.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic – MicroStrategy's holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn an interview with CNBC, Saylor broke down MicroStrategy's gains, saying, \"We're making $500 million a day. I'm staring at my screen and we're selling dollar bills for $3, sometimes a million times a minute.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eTo put things into perspective, MicroStrategy's stock delivered a whopping 97% gain in the last month, while Bitcoin has gained nearly 47%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors\"\u003eBitcoin Could Reach $180K In Current Cycle Thanks To Trump Victory, Says VanEck, But Has This Warning For Investors\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYear-to-date, MicroStrategy's stock has gained over 515% while Bitcoin prices have increased by 122%.\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia, the AI bellwether and the world's most valuable company by market capitalization, has seen its stock rise by nearly 195% during this period.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"We may very well be the most profitable company in the U.S. growing the fastest right now. There's not many companies making $500 million a day,\" Saylor said.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eJUST IN: Michael Saylor says, \"We are making $500 million a day\" with \u003ca href=\"https://twitter.com/hashtag/Bitcoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Bitcoin\u003c/a\u003e and \"we may very well be the most profitable company in the US growing the fastest right now.\" \u003ca href=\"https://t.co/HeMTnebfXw\"\u003epic.twitter.com/HeMTnebfXw\u003c/a\u003e\u003c/p\u003e\u0026mdash; Simply Bitcoin (@SimplyBitcoinTV) \u003ca href=\"https://twitter.com/SimplyBitcoinTV/status/1859966097782636791?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e The surge in\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42138209/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows\"\u003eMicroStrategy\u0026#8217;s stock\u003c/a\u003e\u0026nbsp;is not just a reflection of Bitcoin\u0026#8217;s rising value but also highlights the company\u0026#8217;s strategic bet on the cryptocurrency.\u003c/p\u003e\n\n\n\n\u003cp\u003eResearch from BitMEX has shown that MicroStrategy is trading at a 256% premium to the net asset value of its Bitcoin holdings, suggesting a significant valuation disparity driven by its aggressive acquisition strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis premium may be influenced by financial regulations that restrict Bitcoin ETF purchases, pushing investors towards MicroStrategy for exposure.\u003c/p\u003e\n\n\n\n\u003cp\u003eFurthermore, Saylor\u0026#8217;s bold prediction that Bitcoin could reach $13 million by 2045 has sparked discussions about the potential economic implications, including\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42116183/michael-saylor-predicted-bitcoin-to-hit-13-million-if-it-happens-it-will-entail-massive-hyperinflation-analyst-warns\"\u003emassive hyperinflation\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis prediction, if realized, would elevate Bitcoin\u0026#8217;s market cap to $250 trillion, dwarfing the current world GDP and global stock markets.\u003c/p\u003e\n\n\n\n\u003cp\u003eAmidst these developments,\u0026nbsp;\u003cstrong\u003eWarren Buffett\u0026#8217;s\u003c/strong\u003e decision to hold $325 billion in cash at\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42137295/as-mstrs-michael-saylor-says-warren-buffett-is-destroying-berkshire-capital-analyst-suggests-overpricedhot-stock-market-could-be-the-reason-oracle-of-omaha-is-sitting-on-325b-cash\"\u003eBerkshire Hathaway\u003c/a\u003e\u0026nbsp;has drawn criticism from Saylor, who argues that not investing in Bitcoin is a missed opportunity.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e At the time of writing, Bitcoin was trading at $98,556, down 0.04% in the last 24 hours, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro data\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Wikimedia\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/24/11/42151809/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin-may-very-well-be-the-most-profitable-company-in-the-us-growing-the-fastest-right-now","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/untitled.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Markets"}],"stocks":[{"name":"$BTC"},{"name":"BTC"},{"name":"MSTR"}],"tags":[{"name":"Bitcoin"},{"name":"Michael Saylor"}]},{"assets":[{"type":"image","title":"Bitcoin","alt":"Bitcoin","source":"Bitcoin | Photo by Michael Förtsch on Unsplash","mime":"","primary":true,"attributes":{"fid":"901214","filename":"Bitcoin.jpeg","filepath":"files/images/story/2024/11/23/Bitcoin.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Rounak Jain","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-23T08:02:09Z","createdAt":"2024-11-23T08:02:09Z","id":42151442,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Bitcoin.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662034,"post_path":"24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors","post_type":"post"}},"nodeId":42151442,"stocks":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar","primary":true},{"tid":8745,"vid":2,"name":"BTC","description":"Community Bankers Trust","primary":true}],"storyId":"67418bfcb6cb720001aa48d6","tags":[{"tid":908485,"vid":3,"name":"benzinga neuro"},{"tid":41516,"vid":3,"name":"Bitcoin"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":39132,"vid":3,"name":"Van Eck"}],"teaser":"Global investment manager Van Eck has reiterated its ambitious $180,000 price target for Bitcoin (CRYPTO: BTC), projecting this peak","teaserText":"Global investment manager Van Eck has reiterated its ambitious $180,000 price target for Bitcoin (CRYPTO: BTC), projecting this peak","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar","primary":true},{"tid":8745,"vid":2,"name":"BTC","description":"Community Bankers Trust","primary":true}],"title":"Bitcoin Could Reach $180K In Current Cycle Thanks To Trump Victory, Says VanEck, But Has This Warning For Investors","updated":"2024-11-23T08:02:10Z","updatedAt":"2024-11-23T08:02:10Z","url":"https://www.benzinga.com/24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors"},{"id":42152805,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 15:30:17 -0400","updated":"Sat, 23 Nov 2024 15:30:18 -0400","title":"Elon Musk Agrees That People Want To See Jeffrey Epstein Files","teaser":"Billionaire Elon Musk on Saturday shared a post on X which said \u0026#34;The people want the Diddy \u0026amp; Epstein Files.\u0026#34; Later he shared his perspective by saying \u0026#34;Yes\u0026#34; on the post.","body":"\u003cp\u003eBillionaire \u003cstrong\u003eElon Musk\u003c/strong\u003e on Saturday shared a post on X which said \u0026#8220;The people want the Diddy \u0026amp; Epstein Files.\u0026#8221; Later he shared his perspective by saying \u0026#8220;Yes\u0026#8221; on the post.\u003c/p\u003e\n\n\n\n\u003cp\u003eLast month, President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e stated that he would be open to releasing additional files concerning convicted sex trafficker \u003cstrong\u003eJeffrey Epstein\u003c/strong\u003e if he were to return to the White House.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"qst\" dir=\"ltr\"\u003eYes. \u003ca href=\"https://t.co/8PEeBHCNod\"\u003ehttps://t.co/8PEeBHCNod\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860202873218564568?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThis is not the first time Musk has raised his concern around this issue. Last year Musk raised the question on Twitter, asking why the\u0026nbsp;Department of Justice\u0026nbsp;had not leaked\u0026nbsp;Epstein and \u003cstrong\u003eGhislaine Maxwell\u003c/strong\u003e\u0026#8216;s list of clients and why the media didn\u0026#8217;t seem to care to look into the clients\u0026#8217; identities.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eOnly thing more remarkable than DOJ not leaking the list is that no one in the media cares. Doesn't that seem odd? \u003ca href=\"https://t.co/JEK4TErABB\"\u003epic.twitter.com/JEK4TErABB\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1533161114586042369?ref_src=twsrc%5Etfw\"\u003eJune 4, 2022\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eEarlier this year, \u003cstrong\u003eMark Epstein\u003c/strong\u003e, the younger brother of disgraced financier Epstein, has alleged that his brother possessed information that could have influenced elections involving Trump and the Clintons.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/news/24/10/41220104/elon-musk-says-billionaires-supporting-kamala-harris-are-scared-epstein-list-will-be-made-public-if\"\u003eElon Musk Says Billionaires Supporting Kamala Harris Are Scared Epstein List Will Be Made Public If Trump Returns To Power\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eA Manhattan court has released a list of people connected to Jeffrey Epstein, which has raised eyebrows and intensified speculation. Some of the 187 individuals previously only identified as \"J Doe\" in court papers have been identified, but other names reportedly remained sealed, including those of underage victims.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk's remarks have sparked mixed reactions, with some praising his call for justice and others questioning his involvement in such discussions. Known for engaging with hot-button topics, Musk often uses his platform to address societal and legal issues.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn December 2021, Maxwell was found\u0026nbsp;\u003ca href=\"https://www.dailywire.com/news/ghislaine-maxwell-jeffrey-epsteins-former-girlfriend-found-guilty-in-sex-abuse-trial\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eguilty\u003c/a\u003e\u003ca href=\"https://www.benzinga.com/news/21/12/24823587/epstein-associate-ghislaine-maxwell-found-guilty-of-5-charges-in-sex-trafficking-case\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u0026nbsp;of helping to recruit teenage girls\u003c/a\u003e\u0026nbsp;for\u0026nbsp;Epstein, who\u0026nbsp;died in August 2019.\u003c/p\u003e\n\n\n\n\u003cp\u003eMaxwell, known as\u0026nbsp;\u0026#8220;Inmate 02879-509\u0026#8221; while incarcerated,\u0026nbsp;is currently serving her sentence at the Federal Correctional Institution\u0026nbsp;in Tallahassee, Florida.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003e\u003ca href=\"https://www.benzinga.com/general/entertainment/22/05/27458121/heres-elon-musks-piece-of-advice-for-ex-girlfriend-amber-heard\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eElon Musk Gives This Piece Of Advice To Ex-Girlfriend Amber Heard And Johnny Depp\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/social-media/24/11/42152805/elon-musk-agrees-that-people-want-to-see-jeffrey-epstein-files","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Jeffrey-Epstein.png"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Jeffrey-Epstein.png"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Jeffrey-Epstein.png"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"Top Stories"}],"stocks":[],"tags":[{"name":"Diddy"},{"name":"Donald Trump"},{"name":"Elon Musk"},{"name":"Ghislaine Maxwell"},{"name":"Jeffrey Epstein"}]},{"id":42152764,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 15:00:25 -0400","updated":"Sat, 23 Nov 2024 15:00:26 -0400","title":"Trump Taps Teamsters-Backed Chavez-DeRemer For Labor","teaser":"Rep. Lori Chavez-DeRemer (R-Ore.) has been selected by President-elect Trump to lead the Labor Department in his new term.","body":"\u003cp\u003eRep. \u003cstrong\u003eLori Chavez-DeRemer\u003c/strong\u003e (R-Ore.), a moderate who lost her House seat this month, has been \u003ca href=\"https://www.benzinga.com/topic/donald-trump\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eselected by President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e\u003c/a\u003e to lead the Labor Department in his new term.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump praised Chavez-DeRemer, who first won her seat with just 51% of the vote in 2022 and lost it by a two-point margin this year, for her work with both business and labor groups to support American workers, The New York Times \u003ca href=\"https://www.nytimes.com/2024/11/22/business/economy/labor-secretary-lori-chavez-deremer-trump.html\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eFollowing Trump\u0026#8217;s announcement, National Education Association President \u003cstrong\u003eBecky Pringle \u003c/strong\u003eacknowledged Chavez-DeRemer\u0026#8217;s legislative record in the House, per a \u003ca href=\"https://apnews.com/article/trump-cabinet-labor-secretary-lori-chavezderemer-feaa4672efac644aa60722d3a3215df1\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereport\u003c/a\u003e from AP News.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, Pringle indicated that educators and working families would closely monitor the confirmation process and hoped Chavez-DeRemer would commit to supporting workers and students.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\" rel=\"noreferrer noopener\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThough not a major figure in labor politics, Chavez-DeRemer garnered significant union support during her campaign. She shared endorsements with her Democratic opponent, \u003cstrong\u003eJanelle Bynum\u003c/strong\u003e, earning the backing of groups like the \u003cstrong\u003eTeamsters\u003c/strong\u003e, firefighters, and ironworkers.\u003c/p\u003e\n\n\n\n\u003cp\u003eHouse Speaker \u003cstrong\u003eMike Johnson\u003c/strong\u003e, who spoke at one of Chavez-DeRemer\u0026#8217;s rallies, remarked that she received more union endorsements than any Republican he had ever seen, The New York Times added.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile labor leaders criticized Trump\u0026#8217;s labor policies during his first term, Chavez-DeRemer\u0026#8217;s selection was praised by some in the labor movement. \u003cstrong\u003eSean O\u0026#8217;Brien\u003c/strong\u003e, president of the Teamsters, who had been in contact with Trump throughout the campaign, called her appointment a step toward creating more union jobs. Chavez-DeRemer, whose father was a Teamster, has emphasized her work on the fentanyl crisis and law enforcement during her campaign.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs labor secretary, Chavez-DeRemer will face the challenge of possibly reversing Biden-era policies, which focused on expanding worker protections, including new overtime eligibility and protections for gig workers.\u003c/p\u003e\n\n\n\n\u003cp\u003eUnder Trump, it\u0026#8217;s expected that many of these measures could be rolled back, alongside stricter enforcement of child labor laws and worker classification regulations, per The New York Times.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Labor Department\u0026#8217;s approach to immigrant workers and workplace safety could also shift, reflecting the broader policy changes anticipated under a second Trump term.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131911/donald-trump-appointed-doge-to-have-marginal-impact-saving-50-100-billion-says-analyst-as-elon-musk-aims-to-target-500-billion-plus-in-federal-expenditures?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDonald Trump's DOGE Initiative To Have ‘Marginal Impact' Says Analyst As Elon Musk Aims To Target Over $500B In Federal Expenditures\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eImage: Wikimedia Commons\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152764/trump-taps-teamsters-backed-chavez-deremer-for-labor","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"2024 election"},{"name":"AI Generated"},{"name":"Donald Trump"},{"name":"labor"},{"name":"Labor Secretary"},{"name":"Lori Chavez-DeRemer"},{"name":"Teamsters"}]},{"id":42152520,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 12:30:27 -0400","updated":"Sat, 23 Nov 2024 12:30:28 -0400","title":"Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation","teaser":"Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.","body":"\u003cp\u003eLarge holders of \u003cstrong\u003eDogecoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin's biggest investors. \u003c/p\u003e\n\n\n\n\u003cp\u003eBlockchain experts note that such whale movements often signal potential market shifts, as these transactions can precede either price rallies or sell-offs. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe transfers occurred amid a period of relative stability for Dogecoin, trading near $0.056 at the time of the transactions.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/Dogecoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Dogecoin\u003c/a\u003e whales have bought more than 550 million \u003ca href=\"https://twitter.com/search?q=%24DOGE\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$DOGE\u003c/a\u003e over the past week, worth around $214.5 million! \u003ca href=\"https://t.co/0eHqQGL3LO\"\u003epic.twitter.com/0eHqQGL3LO\u003c/a\u003e\u003c/p\u003e\u0026mdash; Ali (@ali_charts) \u003ca href=\"https://twitter.com/ali_charts/status/1859560640869806344?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Historically, Dogecoin's price has been highly susceptible to whale activity, prompting heightened attention from the crypto community.\u003c/p\u003e\n\n\n\n\u003cp\u003eDogecoin, created in 2013 as a joke, has gained significant traction thanks to endorsements from figures like \u003cstrong\u003eElon Musk\u003c/strong\u003e. Despite its origins, the cryptocurrency now ranks among the top digital assets by market capitalization.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe meme coin remains a popular choice for retail investors, although its price volatility has led to mixed opinions among analysts. This latest whale activity underscores the ongoing interest in Dogecoin among major holders, hinting at potential shifts in market sentiment.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/39871566/massive-dogecoin-moves-worth-50-million-each-spotted-on-robinhood\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMassive Dogecoin Moves Worth $50 Million Each Spotted On Robinhood\u003c/a\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Top Stories"},{"name":"Markets"}],"stocks":[{"name":"$DOGE"}],"tags":[{"name":"Doge tokens"},{"name":"dogecoin"},{"name":"whale"}]},{"assets":[{"type":"image","title":"Wall Street, New York","alt":"Wall Street, New York.","source":"Wall Street. Photo via Shutterstock. 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(NASDAQ:NVDA)\u0026#39;s quarterly results would dictate Wall Street\u0026#39;s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling.","teaserText":"Despite widespread anticipation that NVIDIA Corp. (NASDAQ:NVDA)\u0026#39;s quarterly results would dictate Wall Street\u0026#39;s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling.","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":14762,"vid":2,"name":"GM","description":"General Motors Company"},{"tid":11589,"vid":2,"name":"GOOG","description":"Google"},{"tid":121080,"vid":2,"name":"GOOGL"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"}],"title":"Wall Street Rebounds Without Its AI Darling\u0026#39;s Boost, King Dollar Maintains Dominance While Bitcoin Defies Gravity: This Week In The Markets","updated":"2024-11-22T21:34:37Z","updatedAt":"2024-11-22T21:34:37Z","url":"https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets"},{"id":42144671,"author":"Jeannine Mancini","created":"Fri, 22 Nov 2024 14:15:00 -0400","updated":"Sat, 23 Nov 2024 14:34:54 -0400","title":"Warren Buffett Thinks Bill Gates Is 'Smart As Hell' – But Says His Ex-Wife Melinda Is Smarter 'In Terms Of Seeing The Whole Picture'","teaser":" ","body":"\u003cp\u003eIt was big news earlier this year when Warren Buffett revealed he's no longer planning to leave his vast fortune to the Gates Foundation after his death. Instead, his billions will go to a trust \u003ca href=\"https://www.benzinga.com/startups/24/11/41866296/with-warren-buffett-donating-99-of-his-fortune-whats-left-for-his-three-children-well-its-complicated\"\u003emanaged by his three children\u003c/a\u003e. For a man who once described \u003ca href=\"https://www.benzinga.com/personal-finance/24/11/41882910/bill-gates-shares-the-best-investment-for-getting-rich-if-youre-earning-100000-or-less-but-wall-street-might-not-agree\"\u003eBill and Melinda Gates\u003c/a\u003e as \"the perfect solution\" for dispersing his wealth, this marked a seismic shift in philanthropy.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCan you guess how many Americans successfully retire with $1,000,000 saved?\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/1milsaved\"\u003e\u003cstrong\u003e The percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/cd-valet-growth\"\u003e\u003cstrong\u003eCD Popularity Soars: Over 50 Million Americans Embrace Safe Savings with 5–10% Annual Growth\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eIn a 2008 Fortune profile, Buffett was clear in his admiration for Melinda, saying, \"He's [Bill] smart as hell. But in terms of seeing the whole picture, she's smarter.\" He also referred to her as a \"longtime friend.\" Buffett continued praising Melinda, saying, \"I very much admire what she is doing for women around here and around the world.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eOnly weeks after the Gateses announced their divorce, Buffett resigned as a trustee of the foundation. As reported by The New York Times in a 2021 article, Buffett released a statement saying: \"For years I have been a trustee – an inactive trustee at that – of only one recipient of my funds, the Bill and Melinda Gates Foundation. I am now resigning from that post, just as I have done at all corporate boards other than Berkshire's.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eWarren Buffett may think Bill Gates is \"smart as hell,\" but even he admitted in his Fortune profile, \"Would I have given the Gates Foundation my fortune if Melinda weren't in the picture? That's a great question. And the answer is, I'm not sure.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eSee Also: \u003c/em\u003e\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/advisor-adv-warren-buffett\"\u003e\u003cstrong\u003e\u003cem\u003eWarren Buffett Flipped His Neighbor's $67,000 Life Savings Into A $50 Million Fortune — This Would Be Worth Over $500 Million Today\u003c/em\u003e\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Buffett connection looms large in the October 2024 Vanity Fair interview, where Melinda discusses her life after divorce, the challenges of being a woman in philanthropy and her legacy. In classic Melinda style, she doesn't shy away from tough truths. She noted her decades of joint philanthropic work with Bill: \"If I went into a president or prime minister's office and I was with my ex-husband, they would turn to him first. Unless I interrupted the conversation, they could have kept going for the whole meeting.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThis wasn't just frustrating – it was telling. \"Why would they assume I knew less than him about philanthropy when we had been doing it together for almost 25 years?\" she asked. \"That, really, was sexism.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eHer willingness to call out these dynamics – and challenge them – is part of what makes her so effective. Melinda's journey from Microsoft marketing manager to one of the most powerful women in philanthropy hasn't been without its share of roadblocks. As she told Vanity Fair, during the early years of the foundation, she didn't understand the major role that gender played. She added, \"But things just kept coming up for women – contraceptives or their health or what they wanted – that it started to make me realize we were making a mistake.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: Studies show 50% of consumers think Financial Advisors cost much more than they do —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/money-pickle\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eto debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eIt's this insight that shaped the Gates Foundation's focus on global health and education, with a specific lens on empowering women and girls. From ensuring access to contraceptives to fighting preventable diseases, Melinda's fingerprints are all over the foundation's most impactful initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eBut what happens when Buffett's billions are no longer \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe\"\u003eflowing to the foundation\u003c/a\u003e? That's a question no one seems to have a clear answer for yet. Melinda, for her part, seems more than ready to \u003ca href=\"https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved\"\u003eembrace the challenge\u003c/a\u003e as she continues to carve out her own space in the philanthropic world.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/are-you-rich\"\u003e\u003cstrong\u003eAre you rich?\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e Here\u0026#8217;s what Americans think you need to be considered wealthy.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCan you guess how many retire with a $5,000,000 nest egg? \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/5mil-nest-egg-adv\"\u003e\u003cstrong\u003eThe percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage via Wikimedia Commons/ Flickr\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42144671/warren-buffett-thinks-bill-gates-is-smart-as-hell-but-says-his-ex-wife-melinda-is-smarter-in-terms-of-seeing-the-whole-picture","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"Bill Gates"},{"name":"news access"},{"name":"Personal Finance Access"},{"name":"Warren 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The measure, nearly doubling the state\u0026#8217;s previous housing investment from three years ago, signals growing public recognition of the housing crisis.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCommercial real estate has historically outperformed the stock market, and\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ethis platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eSeveral major cities also secured funding for affordable housing initiatives. Los Angeles voters approved a new half-cent sales tax for housing development, while Charlotte, North Carolina, passed a $100 million housing bond package. Baltimore followed with a $20 million bond measure for affordable housing projects.\u003c/p\u003e\n\n\n\n\u003cp\u003eSan Francisco\u0026#8217;s Proposition G secured $8.25 million annually for low-income rental subsidies, though Fairweather noted it might serve as a temporary fix rather than a long-term solution. \u0026#8220;This helps low-income renters in the short term, but without adding more housing, it\u0026#8217;s just a Band-Aid on the problem,\u0026#8221; she said on X, formerly Twitter.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, not all housing measures succeeded.\u003cbr\u003e\u003cbr\u003eDenver voters narrowly rejected Ballot Issue 2R, which would have generated $100 million annually through a sales tax increase for new housing development. California saw the defeat of two significant proposals: Proposition 33, which would have loosened rent control restrictions and Proposition 5, which aimed to lower the supermajority threshold for housing bonds.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe rejection of rent control measures extended beyond California. Hoboken, New Jersey voters struck down a proposal to raise rent caps on vacant units. Fairweather views the outcomes as potentially positive for housing supply, stating, \u0026#8220;strict rent control keeps existing tenants happy but limits new investment and leads to fewer rentals in the long run.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eLocal initiatives employed various approaches to raise housing funds. According to the Institute on Taxation and Economic Policy, communities used diverse funding mechanisms, including sales taxes in Lawrence, Kansas, real estate transfer taxes in Berkeley and Mountain View, California and lodging taxes in several Colorado municipalities.\u003c/p\u003e\n\n\n\n\u003cp\u003eBerkeley bucked the trend against rent control by approving Measure BB\u0026#8217;s 5% rent cap. However, Fairweather and \u003ca href=\"https://www.benzinga.com/personal-finance/24/08/40101676/nearly-50-economists-were-asked-how-they-feel-about-president-bidens-5-rent-cap-this-is-what-the\"\u003eother economists suggest rent control measures could discourage future development\u003c/a\u003e. \"The best way to stabilize rents is to build more homes,\" Fairweather said.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: Invest in $20+ trillion home equity market today across cities like Austin, Miami, and Los Angeles through a \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/nada-cityfunds\"\u003e\u003cstrong\u003eunique 5-year term fund targeting a 14-20% IRR with minimums as low as $2,500\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe election results demonstrated that voters recognize the need for housing investment while remaining divided on policy approaches. While many communities showed willingness to fund affordable housing initiatives, rejecting certain measures highlights ongoing debate about the most effective solutions to address housing affordability.\u003c/p\u003e\n\n\n\n\u003cp\u003eFairweather emphasized that while the Federal government \u003ca href=\"https://www.benzinga.com/real-estate/24/11/41968915/will-trumps-second-term-unlock-housing-lower-rates-more-development-on-the-table-experts-say\"\u003ecan aid in the housing crisis\u003c/a\u003e, \u0026#8220;local initiatives have a profound impact on the housing market, even if they don\u0026#8217;t make national headlines.\u0026#8221;\u003cbr\u003e\u003cbr\u003eThe mix of successful and failed measures indicates that while voters broadly support addressing housing affordability, they remain selective about specific policy solutions and funding mechanisms.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThese five entrepreneurs are worth $223 billion –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/arrived-homes-private-credit-fund\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ethey all believe in one platform that offers a 7-9% target yield with monthly dividends\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eUnlock the hidden potential of commercial real estate —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eThis platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":142057,"vid":1,"name":"Real Estate"}],"created":"2024-11-23T14:30:14Z","createdAt":"2024-11-23T14:30:14Z","id":42152227,"image":"https://www.benzinga.com/files/images/story/2024/11/23/housing-shortage.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":true,"SendToYahooFinance":true,"SendToRobinhood":false,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661819,"post_path":"24/11/42152227/2024-election-housing-measures-what-passed-what-failed-and-what-it-means-for-supply-according-to-redfin-chief-economist","post_type":"post"}},"nodeId":42152227,"stocks":[],"storyId":"6741e6f3b6cb720001aa4bbe","tags":[{"tid":932162,"vid":3,"name":"news access"},{"tid":915864,"vid":3,"name":"Real Estate Access"}],"teaser":" ","teaserText":" ","tickers":[],"title":"2024 Election Housing Measures: What Passed, What Failed And What It Means For Supply, According To Redfin Chief Economist","updated":"2024-11-23T14:30:15Z","updatedAt":"2024-11-23T14:30:15Z","url":"https://www.benzinga.com/24/11/42152227/2024-election-housing-measures-what-passed-what-failed-and-what-it-means-for-supply-according-to-redfin-chief-economist"},{"assets":[{"type":"image","title":"jake paul shutter","alt":"Jake Paul","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"901118","filename":"jake-paul-shutter.jpeg","filepath":"files/images/story/2024/11/22/jake-paul-shutter.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"AJ Fabino","body":"\u003cp\u003eJake Paul was victorious in \u003ca href=\"https://www.benzinga.com/general/sports/24/11/42022601/mike-tyson-vs-jake-paul-netflixs-explosive-boxing-event-ends-with-pauls-victory\"\u003eFriday\u0026#8217;s highly anticipated Netflix boxing match against Mike Tyson\u003c/a\u003e and his real estate portfolio seems to outshine the boxing legend\u0026#8217;s holdings too.\u003cbr\u003e\u003cbr\u003eThe 27-year-old YouTuber-turned-boxer won unanimously and bought a $16 million compound that dwarfs Tyson's Nevada residence.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eInvest in $20+ trillion home equity market today across cities like Austin, Miami, and Los Angeles through a \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/nada-cityfunds\"\u003e\u003cstrong\u003eunique 5-year term fund targeting a 14-20% IRR with minimums as low as $2,500\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003ePaul's recently acquired estate in Dorado, Puerto Rico, shows the social media star's success outside the ring. The eight-bedroom, eight-bathroom compound underwent $2.1 million in renovations after its 2023 purchase.\u003cbr\u003e\u003cbr\u003eIn a recent YouTube tour titled \u0026#8220;My new $20,000,000 house tour,\u0026#8221; Paul highlighted his changes, including a redesigned entrance for improved energy flow.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to Realtor.com, the property includes several distinctive amenities, such as a 40-person hot tub and dedicated office space for Paul\u0026#8217;s content production team. His garage also received a custom makeover to accommodate his growing car collection.\u003c/p\u003e\n\n\n\n\u003cp\u003eBy comparison, Tyson's real estate footprint appears modest.\u003cbr\u003e\u003cbr\u003eThe former heavyweight champion's current residence, a $2.5 million mansion in Henderson, Nevada, has appreciated to an estimated $4.7 million, according to Realtor.com. The 8,000-square-foot home, where he lives with his wife, Lakiha Spicer and their children, has six bedrooms and six bathrooms.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: This Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to the report, Tyson's real estate history includes a previous 19,500-square-foot estate in Southington, Ohio, which he sold for $1.3 million during financial difficulties in the late 1990s.\u003cbr\u003e\u003cbr\u003eThe 58-acre property's subsequent owner never occupied it, serving time in prison for money laundering.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe record-breaking\u003ca href=\"https://www.benzinga.com/24/11/42025252/jake-paul-vs-mike-tyson-boxing-match-sets-record-breaking-night-for-netflix\"\u003e boxing match\u003c/a\u003e, which earned Paul roughly $40 million and Tyson $20 million, further widens the wealth gap between the two fighters. According to CBS News, Paul said he wanted to fight again after the victory, targeting a championship title within two years. \"I truly believe in my skills, my ability and my power,\" he said, setting his sights on the cruiserweight division.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Tyson acknowledged the loss gracefully, posting \u0026#8220;This is one of those situations when you lost but still won\u0026#8221; on X, formerly Twitter.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCommercial real estate has historically outperformed the stock market, and\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ethis platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eThese five entrepreneurs are worth $223 billion –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/arrived-homes-private-credit-fund\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ethey all believe in one platform that offers a 7-9% target yield with monthly dividends\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":142057,"vid":1,"name":"Real Estate"}],"created":"2024-11-22T16:45:27Z","createdAt":"2024-11-22T16:45:27Z","id":42142651,"image":"https://www.benzinga.com/files/images/story/2024/11/22/jake-paul-shutter.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":true,"SendToYahooFinance":true,"SendToRobinhood":false,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":657939,"post_path":"real-estate/24/11/42142651/netflix-boxing-battle-decided-in-the-ring-but-pauls-16m-mansion-takes-the-real-estate-crown","post_type":"post"}},"nodeId":42142651,"stocks":[],"storyId":"6740b524b6cb720001aa23df","tags":[{"tid":814834,"vid":3,"name":"Jake Paul"},{"tid":40811,"vid":3,"name":"MIke Tyson"},{"tid":20145,"vid":3,"name":"Netflix"},{"tid":932162,"vid":3,"name":"news access"},{"tid":915864,"vid":3,"name":"Real Estate Access"}],"teaser":" ","teaserText":" ","tickers":[],"title":"Netflix Boxing Battle Decided In The Ring, But Paul\u0026#39;s $16M Mansion Takes The Real Estate Crown","updated":"2024-11-22T16:45:27Z","updatedAt":"2024-11-22T16:45:27Z","url":"https://www.benzinga.com/real-estate/24/11/42142651/netflix-boxing-battle-decided-in-the-ring-but-pauls-16m-mansion-takes-the-real-estate-crown"},{"assets":[{"type":"image","title":"Aerial view of Manhattan.","alt":"Aerial view of Manhattan.","source":"Aerial view of Manhattan. Photo via Shutterstock.","mime":"","primary":true,"attributes":{"fid":"901098","filename":"Aerial-view-of-Manhattan-.jpeg","filepath":"files/images/story/2024/11/22/Aerial-view-of-Manhattan-.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"AJ Fabino","body":"\u003cp\u003eNew York\u0026#8217;s storied real estate dynasties are breaking a rule passed down through generations – never sell your buildings.\u003cbr\u003e\u003cbr\u003eAs the \u003ca href=\"https://www.benzinga.com/real-estate/24/10/41357339/experts-warn-that-distress-in-u-s-offices-may-lead-to-a-surging-supply-of-one-billion-square-feet-of\"\u003eoffice market crumbles under the weight of remote work\u003c/a\u003e, New York families are forced to part with properties they\u0026#8217;ve held for decades.\u003c/p\u003e\n\n\n\n\u003cp\u003eWilliam Rudin, whose family helped shape Manhattan\u0026#8217;s skyline, recently sold control of two financial district towers his family developed in the 1960s. \"The world has changed,\" Rudin, the co-executive chairman of his family's firm, told the Wall Street Journal. \"We have to take a cold hard look at our business to make sure there's a foundation for the next generation.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eInvest in $20+ trillion home equity market today across cities like Austin, Miami, and Los Angeles through a \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/nada-cityfunds\"\u003e\u003cstrong\u003eunique 5-year term fund targeting a 14-20% IRR with minimums as low as $2,500\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eThe sales mark a shift for families that have weathered world wars, financial crashes and even a pandemic without letting go of their core assets. According to real estate investment firm Eastdil Secured, New York\u0026#8217;s real estate families have sold about 10 office buildings in the past two years – double the number sold in the previous decade.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Instead of 50 different aunts and uncles getting distributions, they're getting capital calls,\" Gary Phillips, an Eastdil managing director, told the WSJ, highlighting the financial strain on extended family businesses.\u003c/p\u003e\n\n\n\n\u003cp\u003eWith a 100-year legacy in Manhattan real estate, the Kaufman family is also reluctantly selling. \"We and the other families did not sell,\" Jonathan Iger, CEO of Sage Realty, the Kaufman family's management firm, said to the WSJ. \"You see yourself through the dips and you come out – not just fine, but more than fine.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: Unlock the hidden potential of commercial real estate —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eThis platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSome families are fighting to hold on. The Gurals recently invested fresh capital into their 60-year-old DuMont Building on Madison Avenue. \"It's called a capital call, which is the most dreaded term in our industry,\" said Jeffrey Gural, chairman of GFP Real Estate.\u003cbr\u003e\u003cbr\u003eDespite the pain, Gural remains convinced holding is the right choice. \"I have yet to sell a building where I didn't regret selling,\" he said.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor the Rudins, even a $100 million renovation at 80 Pine Street couldn't save it from the chopping block. \"Even if we spent money to fix up the building, the ceilings are too low, there are a lot of columns, the floors are too big,\" Rudin explained. \"It became clear to us we needed to stop putting capital back into the building.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThe sales represent more than just business decisions – they're the end of an era for families who built New York's commercial landscape. \"When I go by 80 Pine Street, I remember the good times and bad times,\" Rudin reflected. \"But you've got to move on.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThe shift might signal a broader transformation in urban real estate, as aging office towers face obsolescence in a \u003ca href=\"https://www.benzinga.com/markets/24/08/40436855/hopes-for-nyc-office-market-rebound-dented-by-sale-of-midtown-skyscraper-at-97-discount-but-theres-a\"\u003epost-pandemic world demanding modern amenities and flexible workspaces\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThis Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCommercial real estate has historically outperformed the stock market, and\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ethis platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":142057,"vid":1,"name":"Real Estate"}],"created":"2024-11-22T15:45:16Z","createdAt":"2024-11-22T15:45:16Z","id":42140923,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Aerial-view-of-Manhattan-.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":true,"SendToYahooFinance":true,"SendToRobinhood":false,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":660061,"post_path":"24/11/42140923/i-have-yet-to-sell-a-building-where-i-didnt-regret-selling-families-forced-to-sell-nyc-icons","post_type":"post"}},"nodeId":42140923,"stocks":[],"storyId":"6740a709b6cb720001aa1d0f","tags":[{"tid":932162,"vid":3,"name":"news access"},{"tid":915864,"vid":3,"name":"Real Estate Access"}],"teaser":" ","teaserText":" ","tickers":[],"title":"\u0026#39;I Have Yet to Sell A Building Where I Didn\u0026#39;t Regret Selling \u0026#39;: Families Forced To Sell NYC Icons","updated":"2024-11-22T15:45:17Z","updatedAt":"2024-11-22T15:45:17Z","url":"https://www.benzinga.com/24/11/42140923/i-have-yet-to-sell-a-building-where-i-didnt-regret-selling-families-forced-to-sell-nyc-icons"},{"assets":[{"type":"image","title":"Rio,De,Janeiro,-,Brazil,,July,10,,2019,,Floyd,Mayweather","alt":"Floyd Mayweather","source":"Shutterstock","mime":"","primary":true,"attributes":{"fid":"901013","filename":"Rio-De-Janeiro---Brazil--July-10--2019--.jpeg","filepath":"files/images/story/2024/11/22/Rio-De-Janeiro---Brazil--July-10--2019--.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"AJ Fabino","body":"\u003cp\u003eBoxing legend Floyd Mayweather Jr. is expanding his real estate empire with a major stake in 601W Companies\u0026#8217; $10 billion office portfolio, marking his latest move in commercial property investment.\u003cbr\u003e\u003cbr\u003eAccording to The Real Deal, the deal, announced just weeks after his $402 million apartment portfolio acquisition, gives him partial ownership of 18 buildings totaling 10 million square feet.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eDuring market downturns, investors are learning that unlike equities, these\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/connect-invest-real-estate-notes\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003ehigh-yield real estate notes that pay 7.5% \u0026#8211; 9% are protected by resilient assets, buffering against losses.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/boxabl\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eyou can become an investor for $0.80 per share today.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eWhile specific financial terms remain confidential, a source close to the deal described it as Mayweather\u0026#8217;s \u0026#8220;most significant\u0026#8221; investment. The former world champion, who has accumulated $1.1 billion in career earnings, previously invested over $100 million with office landlord SL Green.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe portfolio includes prominent properties like 410 10th Avenue in Hudson Yards, Chicago\u0026#8217;s Aon Center and Old Post Office Building and the Harborside office complex in Jersey City.\u003cbr\u003e\u003cbr\u003eMark Karasick, managing member of 601W, confirmed that Mayweather\u0026#8217;s investment will support property repositioning efforts and new acquisitions. The firm seeks opportunities in distressed office properties across major metropolitan areas, including Chicago and New York.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to the report, 601W Companies has successfully navigated post-pandemic challenges. At 410 10th Avenue, purchased for $952 million in late 2020, the property maintains sufficient rental income to cover its mortgage obligations through 2032 despite occupancy dropping to 65%\u003ca href=\"https://www.benzinga.com/news/24/04/38475445/us-regulators-seize-republic-first-bancorp-fulton-bank-steps-in-as-buyer-amid-regional-banking-woes\"\u003e following First Republic Bank\u0026#8217;s collapse\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: This Jeff Bezos-backed startup will allow you to \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/bezos-landlord-100-dollars\"\u003e\u003cstrong\u003ebecome a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe firm recently secured a $65 million loan on an $85 million Harborside property acquisition, reflecting continued lender confidence. While facing industrywide refinancing hurdles, 601W has successfully negotiated several workout arrangements, including a three-year extension on the Aon Center\u0026#8217;s half-billion-dollar debt package and fresh equity injection for Chicago\u0026#8217;s One South Wacker Drive.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;New York City is the center of the world,\u0026#8221; Mayweather said in a statement. \u0026#8220;A wise person once told me if you buy real estate in New York and hold on to it over the years, you will always make money and win.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe investment follows Mayweather\u0026#8217;s October agreement to purchase Black Spruce Management\u0026#8217;s apartment portfolio, comprising over 60 rental buildings in what could become New York City\u0026#8217;s largest real estate transaction of the year.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe \u003ca href=\"https://www.benzinga.com/markets/24/10/41581902/boxing-great-floyd-money-mayweather-makes-400-million-investment-in-affordable-housing-portfolio\"\u003eundefeated boxer\u0026#8217;s expanding real estate portfolio\u003c/a\u003e reflects growing investor interest in office properties despite persistent market uncertainty. His partnership with 601W Companies, known for trophy office ownership and redevelopment expertise, signals confidence in the sector\u0026#8217;s post-pandemic recovery potential.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003e invest today with $1,000 for just $0.25/share\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eWarren Buffett once said, \"If you don't find a way to make money while you sleep, you will work until you die.\" \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/connect-invest-real-estate-notes\"\u003e\u003cstrong\u003eThese high-yield real estate notes that pay 7.5% \u0026#8211; 9% make earning passive income easier than ever.\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage from Shutterstock\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":142057,"vid":1,"name":"Real Estate"}],"created":"2024-11-22T14:16:40Z","createdAt":"2024-11-22T14:16:40Z","id":42138473,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Rio-De-Janeiro---Brazil--July-10--2019--.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":true,"SendToYahooFinance":true,"SendToRobinhood":false,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":660023,"post_path":"24/11/42138473/mayweather-punches-into-10b-office-portfolio-betting-on-post-covid-revival","post_type":"post"}},"nodeId":42138473,"stocks":[],"storyId":"67409245b6cb720001aa1376","tags":[{"tid":132832,"vid":3,"name":"Floyd Mayweather"},{"tid":932162,"vid":3,"name":"news access"},{"tid":915864,"vid":3,"name":"Real Estate Access"}],"teaser":" ","teaserText":" ","tickers":[],"title":"Mayweather Punches Into $10B Office Portfolio, Betting On Post-COVID Revival","updated":"2024-11-22T14:16:41Z","updatedAt":"2024-11-22T14:16:41Z","url":"https://www.benzinga.com/24/11/42138473/mayweather-punches-into-10b-office-portfolio-betting-on-post-covid-revival"}]},{"title":"Options","title_case":false,"link":"https://www.benzinga.com/markets/options","style":"default","type":"default","loadMoreButton":false,"showSponsoredContent":false,"query_and_options":{"options":{"displayOutput":"full","limit":4},"query":{"channels":[16784],"channelAndTagQueryOperator":"and"}},"query":{"displayOutput":"full","limit":4,"channels":[16784],"channelAndTagQueryOperator":"and"},"parsely_query":{"limit":"","author":"","tag":""},"reachContent":{"placementIndex":3,"repeatIndex":5},"nodes":[{"assets":[{"type":"image","title":"movers image","alt":"movers image","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"554905","filename":"movers_image_5.jpeg","filepath":"files/images/story/2023/movers_image_5.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga Insights","body":"\u003cp\u003eInvestors with a lot of money to spend have taken a bullish stance on \u003cstrong\u003eDeere\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DE#NYSE\"\u003eDE\u003c/a\u003e).\u003c/p\u003e\n\u003cp\u003eAnd retail traders should know.\u003c/p\u003e\n\u003cp\u003eWe noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.\u003c/p\u003e\n\u003cp\u003eWhether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DE, it often means somebody knows something is about to happen.\u003c/p\u003e\n\u003cp\u003eSo how do we know what these investors just did? \u003c/p\u003e\n\u003cp\u003eToday, \u003ca href=\"https://pro.benzinga.com/?utm_source=insights\"\u003eBenzinga\u003c/a\u003e's options scanner spotted 16 uncommon options trades for Deere.\u003c/p\u003e\n\u003cp\u003eThis isn't normal.\u003c/p\u003e\n\u003cp\u003eThe overall sentiment of these big-money traders is split between 43% bullish and 43%, bearish.\u003c/p\u003e\n\u003cp\u003eOut of all of the special options we uncovered, 6 are puts, for a total amount of $301,147, and 10 are calls, for a total amount of $1,023,353.\u003c/p\u003e\n\u003ch3\u003ePredicted Price Range\u003c/h3\u003e\n\u003cp\u003eTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $185.0 to $470.0 for Deere over the last 3 months. \u003c/p\u003e\n\u003ch3\u003eInsights into Volume \u0026amp; Open Interest\u003c/h3\u003e\n\u003cp\u003eLooking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Deere'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 Deere's whale trades within a strike price range from $185.0 to $470.0 in the last 30 days. \u003c/p\u003e\n\u003ch3\u003eDeere 30-Day Option Volume \u0026amp; Interest Snapshot\u003c/h3\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732308895_0.png\" alt=\"Options Call Chart\" /\u003e\u003c/p\u003e\n\n\u003ch3\u003eBiggest Options Spotted:\u003c/h3\u003e\n\u003cp\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003cstrong\u003eSymbol\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePUT/CALL\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTrade Type\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eSentiment\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eExp. Date\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eAsk\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eBid\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePrice\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eStrike Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTotal Trade Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eOpen Interest\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eVolume\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDE\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e06/20/25\u003c/td\u003e\n\u003ctd\u003e$265.4\u003c/td\u003e\n\u003ctd\u003e$261.2\u003c/td\u003e\n\u003ctd\u003e$261.2\u003c/td\u003e\n\u003ctd\u003e$185.00\u003c/td\u003e\n\u003ctd\u003e$444.0K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e17\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDE\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e11/22/24\u003c/td\u003e\n\u003ctd\u003e$41.15\u003c/td\u003e\n\u003ctd\u003e$33.7\u003c/td\u003e\n\u003ctd\u003e$33.75\u003c/td\u003e\n\u003ctd\u003e$397.50\u003c/td\u003e\n\u003ctd\u003e$168.7K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e88\u003c/td\u003e\n\u003ctd align=\"right\"\u003e50\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDE\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e06/20/25\u003c/td\u003e\n\u003ctd\u003e$23.0\u003c/td\u003e\n\u003ctd\u003e$22.5\u003c/td\u003e\n\u003ctd\u003e$23.0\u003c/td\u003e\n\u003ctd\u003e$470.00\u003c/td\u003e\n\u003ctd\u003e$138.0K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e239\u003c/td\u003e\n\u003ctd align=\"right\"\u003e60\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDE\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eNEUTRAL\u003c/td\u003e\n\u003ctd\u003e01/17/25\u003c/td\u003e\n\u003ctd\u003e$43.85\u003c/td\u003e\n\u003ctd\u003e$42.85\u003c/td\u003e\n\u003ctd\u003e$43.28\u003c/td\u003e\n\u003ctd\u003e$400.00\u003c/td\u003e\n\u003ctd\u003e$60.5K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e904\u003c/td\u003e\n\u003ctd align=\"right\"\u003e20\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDE\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e12/06/24\u003c/td\u003e\n\u003ctd\u003e$7.05\u003c/td\u003e\n\u003ctd\u003e$5.5\u003c/td\u003e\n\u003ctd\u003e$6.1\u003c/td\u003e\n\u003ctd\u003e$430.00\u003c/td\u003e\n\u003ctd\u003e$51.8K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e104\u003c/td\u003e\n\u003ctd align=\"right\"\u003e89\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/p\u003e\n\u003ch3\u003eAbout Deere\u003c/h3\u003e\n\u003cp\u003eDeere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.\u003c/p\u003e\n\u003cp\u003eIn light of the recent options history for Deere, it's now appropriate to focus on the company itself. We aim to explore its current performance.\u003c/p\u003e\n\u003ch3\u003eWhere Is Deere Standing Right Now?\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003eWith a trading volume of 1,458,238, the price of DE is up by 1.71%, reaching $445.02.\u003c/li\u003e\n\u003cli\u003eCurrent RSI values indicate that the stock is may be approaching overbought.\u003c/li\u003e\n\u003cli\u003eNext earnings report is scheduled for 83 days from now.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3\u003eProfessional Analyst Ratings for Deere\u003c/h3\u003e\n\u003cp\u003eIn the last month, 4 experts released ratings on this stock with an average target price of $485.0.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eTurn $1000 into $1270 in just 20 days?\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003e20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. \u003ca href=\"https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14\u0026amp;utm_source=benzinga-insights\"\u003e\u003cstrong\u003eClick here for access\u003c/strong\u003e\u003c/a\u003e.\n\u0026#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Deere with a target price of $450. \n\u0026#x2A; An analyst from Truist Securities has decided to maintain their Buy rating on Deere, which currently sits at a price target of $538. \n\u0026#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Deere, targeting a price of $475. \n\u0026#x2A; Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Deere with a target price of $477. \u003c/p\u003e\n\u003cp\u003eOptions 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 Deere options trades with real-time alerts from \u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e.\u003c/p\u003e","channels":[{"tid":16784,"vid":1,"name":"Options"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-22T20:54:58Z","createdAt":"2024-11-22T20:54:58Z","id":42147259,"image":"https://www.benzinga.com/files/images/story/2023/movers_image_5.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3523,"Industry":"Farm Machinery \u0026 Equipment","IndustryGroup":352,"MajorGroup":35,"Division":""}],"NAICS":[{"NationalIndustryCode":333111,"NationalIndustry":"Farm Machinery and Equipment Manufacturing ","IndustryCode":33311,"Industry":"Agricultural Implement Manufacturing","IndustryGroupCode":3331,"IndustryGroup":"Agriculture, Construction, and Mining Machinery Manufacturing","SubSectorCode":333,"SubSector":"Machinery Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":31050010,"Industry":"Farm \u0026 Heavy Construction Machinery","IndustryGroupCode":31050,"IndustryGroup":"Farm \u0026 Heavy Construction Machinery","SectorCode":310,"Sector":"Industrials","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":42147259,"stocks":[{"tid":14265,"vid":2,"name":"DE","description":"Deere \u0026 Company","primary":true}],"storyId":"6740ef9fb6cb720001aa371c","tags":[{"tid":788937,"vid":3,"name":"BZI-UOA"}],"teaser":" ","teaserText":" ","tickers":[{"tid":14265,"vid":2,"name":"DE","description":"Deere \u0026 Company","primary":true}],"title":"Behind the Scenes of Deere\u0026#39;s Latest Options Trends","updated":"2024-11-22T20:54:59Z","updatedAt":"2024-11-22T20:54:59Z","url":"https://www.benzinga.com/insights/options/24/11/42147259/behind-the-scenes-of-deeres-latest-options-trends"},{"assets":[{"type":"image","title":"movers image","alt":"movers image","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"554901","filename":"movers_image_1.jpeg","filepath":"files/images/story/2023/movers_image_1.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga Insights","body":"\u003cp\u003eWhales with a lot of money to spend have taken a noticeably bearish stance on \u003cstrong\u003eNovo Nordisk\u003c/strong\u003e.\u003c/p\u003e\n\u003cp\u003eLooking at options history for Novo Nordisk (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVO#NYSE\"\u003eNVO\u003c/a\u003e) we detected 25 trades.\u003c/p\u003e\n\u003cp\u003eIf we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 48% with bearish.\u003c/p\u003e\n\u003cp\u003eFrom the overall spotted trades, 11 are puts, for a total amount of $1,872,600 and 14, calls, for a total amount of $3,590,645.\u003c/p\u003e\n\u003ch3\u003eProjected Price Targets\u003c/h3\u003e\n\u003cp\u003eAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $65.0 to $145.0 for Novo Nordisk during the past quarter. \u003c/p\u003e\n\u003ch3\u003eVolume \u0026amp; Open Interest Trends\u003c/h3\u003e\n\u003cp\u003eAssessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Novo Nordisk's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Novo Nordisk's substantial trades, within a strike price spectrum from $65.0 to $145.0 over the preceding 30 days.\u003c/p\u003e\n\u003ch3\u003eNovo Nordisk Option Activity Analysis: Last 30 Days\u003c/h3\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732308891_0.png\" alt=\"Options Call Chart\" /\u003e\u003c/p\u003e\n\n\u003ch3\u003eLargest Options Trades Observed:\u003c/h3\u003e\n\u003cp\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003cstrong\u003eSymbol\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePUT/CALL\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTrade Type\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eSentiment\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eExp. Date\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eAsk\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eBid\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePrice\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eStrike Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTotal Trade Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eOpen Interest\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eVolume\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eNVO\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e12/20/24\u003c/td\u003e\n\u003ctd\u003e$7.8\u003c/td\u003e\n\u003ctd\u003e$7.6\u003c/td\u003e\n\u003ctd\u003e$7.8\u003c/td\u003e\n\u003ctd\u003e$102.00\u003c/td\u003e\n\u003ctd\u003e$1.3M\u003c/td\u003e\n\u003ctd\u003e270\u003c/td\u003e\n\u003ctd\u003e1.7K\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNVO\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e01/17/25\u003c/td\u003e\n\u003ctd\u003e$5.2\u003c/td\u003e\n\u003ctd\u003e$4.9\u003c/td\u003e\n\u003ctd\u003e$5.2\u003c/td\u003e\n\u003ctd\u003e$100.00\u003c/td\u003e\n\u003ctd\u003e$780.0K\u003c/td\u003e\n\u003ctd\u003e4.6K\u003c/td\u003e\n\u003ctd\u003e2.0K\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNVO\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e01/17/25\u003c/td\u003e\n\u003ctd\u003e$3.85\u003c/td\u003e\n\u003ctd\u003e$3.65\u003c/td\u003e\n\u003ctd\u003e$3.84\u003c/td\u003e\n\u003ctd\u003e$115.00\u003c/td\u003e\n\u003ctd\u003e$686.9K\u003c/td\u003e\n\u003ctd\u003e2.9K\u003c/td\u003e\n\u003ctd\u003e1.9K\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNVO\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e06/20/25\u003c/td\u003e\n\u003ctd\u003e$13.45\u003c/td\u003e\n\u003ctd\u003e$13.1\u003c/td\u003e\n\u003ctd\u003e$13.15\u003c/td\u003e\n\u003ctd\u003e$105.00\u003c/td\u003e\n\u003ctd\u003e$636.4K\u003c/td\u003e\n\u003ctd\u003e1.1K\u003c/td\u003e\n\u003ctd\u003e984\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNVO\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e01/17/25\u003c/td\u003e\n\u003ctd\u003e$5.25\u003c/td\u003e\n\u003ctd\u003e$5.15\u003c/td\u003e\n\u003ctd\u003e$5.15\u003c/td\u003e\n\u003ctd\u003e$100.00\u003c/td\u003e\n\u003ctd\u003e$257.5K\u003c/td\u003e\n\u003ctd\u003e4.6K\u003c/td\u003e\n\u003ctd\u003e500\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/p\u003e\n\u003ch3\u003eAbout Novo Nordisk\u003c/h3\u003e\n\u003cp\u003eWith roughly one third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (constituting roughly 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.\u003c/p\u003e\n\u003ch3\u003eWhere Is Novo Nordisk Standing Right Now?\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003eWith a volume of 4,857,497, the price of NVO is up 2.5% at $105.2. \u003c/li\u003e\n\u003cli\u003eRSI indicators hint that the underlying stock is currently neutral between overbought and oversold.\u003c/li\u003e\n\u003cli\u003eNext earnings are expected to be released in 68 days.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3\u003eWhat Analysts Are Saying About Novo Nordisk\u003c/h3\u003e\n\u003cp\u003e1 market experts have recently issued ratings for this stock, with a consensus target price of $160.0.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eTurn $1000 into $1270 in just 20 days?\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003e20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. \u003ca href=\"https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14\u0026amp;utm_source=benzinga-insights\"\u003e\u003cstrong\u003eClick here for access\u003c/strong\u003e\u003c/a\u003e.\n\u0026#x2A; In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $160. \u003c/p\u003e\n\u003cp\u003eOptions are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.\u003c/p\u003e\n\u003cp\u003eIf you want to stay updated on the latest options trades for Novo Nordisk, \u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e gives you real-time options trades alerts.\u003c/p\u003e","channels":[{"tid":16784,"vid":1,"name":"Options"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-22T20:54:54Z","createdAt":"2024-11-22T20:54:54Z","id":42147256,"image":"https://www.benzinga.com/files/images/story/2023/movers_image_1.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"Morningstar":[{"IndustryCode":20620010,"Industry":"Drug Manufacturers—General","IndustryGroupCode":20620,"IndustryGroup":"Drug Manufacturers","SectorCode":206,"Sector":"Healthcare","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":42147256,"stocks":[{"tid":15718,"vid":2,"name":"NVO","description":"Novo Nordisk A/S","primary":true}],"storyId":"6740ef9ab6cb720001aa3719","tags":[{"tid":788937,"vid":3,"name":"BZI-UOA"}],"teaser":" ","teaserText":" ","tickers":[{"tid":15718,"vid":2,"name":"NVO","description":"Novo Nordisk A/S","primary":true}],"title":"Smart Money Is Betting Big In NVO Options","updated":"2024-11-22T20:54:54Z","updatedAt":"2024-11-22T20:54:54Z","url":"https://www.benzinga.com/insights/options/24/11/42147256/smart-money-is-betting-big-in-nvo-options"},{"assets":[{"type":"image","title":"movers image","alt":"movers image","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"554900","filename":"movers_image_0.jpeg","filepath":"files/images/story/2023/movers_image_0.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga Insights","body":"\u003cp\u003eFinancial giants have made a conspicuous bullish move on Meta Platforms. Our analysis of options history for Meta Platforms (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/META#NASDAQ\"\u003eMETA\u003c/a\u003e) revealed 34 unusual trades.\u003c/p\u003e\n\u003cp\u003eDelving into the details, we found 52% of traders were bullish, while 32% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $1,346,507, and 29 were calls, valued at $1,577,731.\u003c/p\u003e\n\u003ch3\u003eProjected Price Targets\u003c/h3\u003e\n\u003cp\u003eBased on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $700.0 for Meta Platforms over the recent three months. \u003c/p\u003e\n\u003ch3\u003eVolume \u0026amp; Open Interest Trends\u003c/h3\u003e\n\u003cp\u003eExamining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Meta Platforms's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Meta Platforms's significant trades, within a strike price range of $5.0 to $700.0, over the past month.\u003c/p\u003e\n\u003ch3\u003eMeta Platforms Option Volume And Open Interest Over Last 30 Days\u003c/h3\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732308088_0.png\" alt=\"Options Call Chart\" /\u003e\u003c/p\u003e\n\n\u003ch3\u003eLargest Options Trades Observed:\u003c/h3\u003e\n\u003cp\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003cstrong\u003eSymbol\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePUT/CALL\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTrade Type\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eSentiment\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eExp. Date\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eAsk\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eBid\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePrice\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eStrike Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTotal Trade Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eOpen Interest\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eVolume\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eMETA\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e06/20/25\u003c/td\u003e\n\u003ctd\u003e$47.65\u003c/td\u003e\n\u003ctd\u003e$47.3\u003c/td\u003e\n\u003ctd\u003e$47.65\u003c/td\u003e\n\u003ctd\u003e$550.00\u003c/td\u003e\n\u003ctd\u003e$1.1M\u003c/td\u003e\n\u003ctd\u003e4.7K\u003c/td\u003e\n\u003ctd\u003e250\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMETA\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e06/18/26\u003c/td\u003e\n\u003ctd\u003e$553.9\u003c/td\u003e\n\u003ctd\u003e$550.0\u003c/td\u003e\n\u003ctd\u003e$552.75\u003c/td\u003e\n\u003ctd\u003e$5.00\u003c/td\u003e\n\u003ctd\u003e$276.3K\u003c/td\u003e\n\u003ctd\u003e222\u003c/td\u003e\n\u003ctd\u003e48\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMETA\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e12/20/24\u003c/td\u003e\n\u003ctd\u003e$18.25\u003c/td\u003e\n\u003ctd\u003e$18.05\u003c/td\u003e\n\u003ctd\u003e$18.2\u003c/td\u003e\n\u003ctd\u003e$560.00\u003c/td\u003e\n\u003ctd\u003e$138.3K\u003c/td\u003e\n\u003ctd\u003e3.9K\u003c/td\u003e\n\u003ctd\u003e613\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMETA\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e12/20/24\u003c/td\u003e\n\u003ctd\u003e$17.7\u003c/td\u003e\n\u003ctd\u003e$17.7\u003c/td\u003e\n\u003ctd\u003e$17.7\u003c/td\u003e\n\u003ctd\u003e$560.00\u003c/td\u003e\n\u003ctd\u003e$100.8K\u003c/td\u003e\n\u003ctd\u003e3.9K\u003c/td\u003e\n\u003ctd\u003e694\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMETA\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e11/29/24\u003c/td\u003e\n\u003ctd\u003e$6.85\u003c/td\u003e\n\u003ctd\u003e$6.7\u003c/td\u003e\n\u003ctd\u003e$6.7\u003c/td\u003e\n\u003ctd\u003e$560.00\u003c/td\u003e\n\u003ctd\u003e$85.0K\u003c/td\u003e\n\u003ctd\u003e2.2K\u003c/td\u003e\n\u003ctd\u003e1.5K\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/p\u003e\n\u003ch3\u003eAbout Meta Platforms\u003c/h3\u003e\n\u003cp\u003eMeta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's \"Family of Apps,\" its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.\u003c/p\u003e\n\u003cp\u003eIn light of the recent options history for Meta Platforms, it's now appropriate to focus on the company itself. We aim to explore its current performance.\u003c/p\u003e\n\u003ch3\u003ePresent Market Standing of Meta Platforms\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003eTrading volume stands at 6,535,996, with META's price down by -0.59%, positioned at $559.77.\u003c/li\u003e\n\u003cli\u003eRSI indicators show the stock to be is currently neutral between overbought and oversold.\u003c/li\u003e\n\u003cli\u003eEarnings announcement expected in 69 days.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3\u003eWhat The Experts Say On Meta Platforms\u003c/h3\u003e\n\u003cp\u003eA total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $642.4.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eTurn $1000 into $1270 in just 20 days?\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003e20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. \u003ca href=\"https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14\u0026amp;utm_source=benzinga-insights\"\u003e\u003cstrong\u003eClick here for access\u003c/strong\u003e\u003c/a\u003e.\n\u0026#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Meta Platforms, targeting a price of $705. \n\u0026#x2A; An analyst from Susquehanna has decided to maintain their Positive rating on Meta Platforms, which currently sits at a price target of $675. \n\u0026#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Meta Platforms with a target price of $719. \n\u0026#x2A; Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Meta Platforms, targeting a price of $530. \n\u0026#x2A; An analyst from Scotiabank has decided to maintain their Sector Perform rating on Meta Platforms, which currently sits at a price target of $583. \u003c/p\u003e\n\u003cp\u003eTrading 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 Meta Platforms with \u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e for real-time alerts.\u003c/p\u003e","channels":[{"tid":16784,"vid":1,"name":"Options"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-22T20:41:31Z","createdAt":"2024-11-22T20:41:31Z","id":42147038,"image":"https://www.benzinga.com/files/images/story/2023/movers_image_0.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":7375,"Industry":"Information Retrieval Services","IndustryGroup":737,"MajorGroup":73,"Division":""}],"NAICS":[{"NationalIndustryCode":519190,"NationalIndustry":"All Other Information Services","IndustryCode":51919,"Industry":"All Other Information Services","IndustryGroupCode":5191,"IndustryGroup":"Other Information Services","SubSectorCode":519,"SubSector":"Other Information Services","SectorCode":51,"Sector":"Information"}],"Morningstar":[{"IndustryCode":30830010,"Industry":"Internet Content \u0026 Information","IndustryGroupCode":30830,"IndustryGroup":"Interactive Media","SectorCode":308,"Sector":"Communication Services","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":42147038,"stocks":[{"tid":732443,"vid":2,"name":"META","primary":true}],"storyId":"6740ec77b6cb720001aa3632","tags":[{"tid":788937,"vid":3,"name":"BZI-UOA"}],"teaser":" ","teaserText":" ","tickers":[{"tid":732443,"vid":2,"name":"META","primary":true}],"title":"Looking At Meta Platforms\u0026#39;s Recent Unusual Options Activity","updated":"2024-11-22T20:41:31Z","updatedAt":"2024-11-22T20:41:31Z","url":"https://www.benzinga.com/insights/options/24/11/42147038/looking-at-meta-platformss-recent-unusual-options-activity"},{"assets":[{"type":"image","title":"movers image","alt":"movers image","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"554905","filename":"movers_image_5.jpeg","filepath":"files/images/story/2023/movers_image_5.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga Insights","body":"\u003cp\u003eDeep-pocketed investors have adopted a bullish approach towards JD.com (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/JD#NASDAQ\"\u003eJD\u003c/a\u003e), 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 JD usually suggests something big is about to happen.\u003c/p\u003e\n\u003cp\u003eWe gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for JD.com. This level of activity is out of the ordinary.\u003c/p\u003e\n\u003cp\u003eThe general mood among these heavyweight investors is divided, with 58% leaning bullish and 41% bearish. Among these notable options, 10 are puts, totaling $365,631, and 2 are calls, amounting to $146,200.\u003c/p\u003e\n\u003ch3\u003ePredicted Price Range\u003c/h3\u003e\n\u003cp\u003eAfter evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $29.0 and $44.0 for JD.com, spanning the last three months.\u003c/p\u003e\n\u003ch3\u003eVolume \u0026amp; Open Interest Trends\u003c/h3\u003e\n\u003cp\u003eLooking at the volume and open interest is an insightful way to conduct due diligence on a stock.\u003c/p\u003e\n\u003cp\u003eThis data can help you track the liquidity and interest for JD.com's options for a given strike price.\u003c/p\u003e\n\u003cp\u003eBelow, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of JD.com's whale activity within a strike price range from $29.0 to $44.0 in the last 30 days. \u003c/p\u003e\n\u003ch3\u003eJD.com Option Volume And Open Interest Over Last 30 Days\u003c/h3\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732308082_0.png\" alt=\"Options Call Chart\" /\u003e\u003c/p\u003e\n\n\u003ch3\u003eSignificant Options Trades Detected:\u003c/h3\u003e\n\u003cp\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003cstrong\u003eSymbol\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePUT/CALL\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTrade Type\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eSentiment\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eExp. Date\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eAsk\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eBid\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003ePrice\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eStrike Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eTotal Trade Price\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eOpen Interest\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eVolume\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eJD\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e04/17/25\u003c/td\u003e\n\u003ctd\u003e$4.25\u003c/td\u003e\n\u003ctd\u003e$4.05\u003c/td\u003e\n\u003ctd\u003e$4.21\u003c/td\u003e\n\u003ctd\u003e$35.00\u003c/td\u003e\n\u003ctd\u003e$84.2K\u003c/td\u003e\n\u003ctd\u003e122\u003c/td\u003e\n\u003ctd align=\"right\"\u003e200\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJD\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e01/17/25\u003c/td\u003e\n\u003ctd\u003e$9.55\u003c/td\u003e\n\u003ctd\u003e$9.4\u003c/td\u003e\n\u003ctd\u003e$9.45\u003c/td\u003e\n\u003ctd\u003e$44.00\u003c/td\u003e\n\u003ctd\u003e$67.1K\u003c/td\u003e\n\u003ctd\u003e1.0K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e80\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJD\u003c/td\u003e\n\u003ctd\u003eCALL\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e12/20/24\u003c/td\u003e\n\u003ctd\u003e$1.55\u003c/td\u003e\n\u003ctd\u003e$1.49\u003c/td\u003e\n\u003ctd\u003e$1.55\u003c/td\u003e\n\u003ctd\u003e$35.00\u003c/td\u003e\n\u003ctd\u003e$62.0K\u003c/td\u003e\n\u003ctd\u003e3.9K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e411\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJD\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eSWEEP\u003c/td\u003e\n\u003ctd\u003eBEARISH\u003c/td\u003e\n\u003ctd\u003e03/21/25\u003c/td\u003e\n\u003ctd\u003e$2.84\u003c/td\u003e\n\u003ctd\u003e$2.81\u003c/td\u003e\n\u003ctd\u003e$2.84\u003c/td\u003e\n\u003ctd\u003e$34.00\u003c/td\u003e\n\u003ctd\u003e$56.8K\u003c/td\u003e\n\u003ctd\u003e1.0K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e243\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJD\u003c/td\u003e\n\u003ctd\u003ePUT\u003c/td\u003e\n\u003ctd\u003eTRADE\u003c/td\u003e\n\u003ctd\u003eBULLISH\u003c/td\u003e\n\u003ctd\u003e02/21/25\u003c/td\u003e\n\u003ctd\u003e$2.27\u003c/td\u003e\n\u003ctd\u003e$2.25\u003c/td\u003e\n\u003ctd\u003e$2.25\u003c/td\u003e\n\u003ctd\u003e$34.00\u003c/td\u003e\n\u003ctd\u003e$35.3K\u003c/td\u003e\n\u003ctd\u003e1.8K\u003c/td\u003e\n\u003ctd align=\"right\"\u003e200\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/p\u003e\n\u003ch3\u003eAbout JD.com\u003c/h3\u003e\n\u003cp\u003eJD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.\u003c/p\u003e\n\u003cp\u003eHaving examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance\u003c/p\u003e\n\u003ch3\u003eJD.com's Current Market Status\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003eTrading volume stands at 7,562,490, with JD's price down by -1.94%, positioned at $34.7.\u003c/li\u003e\n\u003cli\u003eRSI indicators show the stock to be may be approaching oversold.\u003c/li\u003e\n\u003cli\u003eEarnings announcement expected in 103 days.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3\u003eWhat Analysts Are Saying About JD.com\u003c/h3\u003e\n\u003cp\u003e2 market experts have recently issued ratings for this stock, with a consensus target price of $49.0.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eUnusual Options Activity Detected: Smart Money on the Move\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003eBenzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. \u003ca href=\"https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20\u0026amp;utm_source=benzinga-insights\"\u003e\u003cstrong\u003eClick here for access\u003c/strong\u003e\u003c/a\u003e.\n\u0026#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for JD.com, targeting a price of $51. \n\u0026#x2A; Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $47.\u003c/p\u003e\n\u003cp\u003eTrading 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 JD.com with \u003ca href=\"https://benzinga.grsm.io/register174\"\u003eBenzinga Pro\u003c/a\u003e for real-time alerts.\u003c/p\u003e","channels":[{"tid":16784,"vid":1,"name":"Options"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-22T20:41:26Z","createdAt":"2024-11-22T20:41:26Z","id":42147037,"image":"https://www.benzinga.com/files/images/story/2023/movers_image_5.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"Morningstar":[{"IndustryCode":10280050,"Industry":"Internet Retail","IndustryGroupCode":10280,"IndustryGroup":"Retail—Cyclical","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":42147037,"stocks":[{"tid":138650,"vid":2,"name":"JD","description":"JD.com","primary":true}],"storyId":"6740ec72b6cb720001aa3630","tags":[{"tid":788937,"vid":3,"name":"BZI-UOA"}],"teaser":" ","teaserText":" ","tickers":[{"tid":138650,"vid":2,"name":"JD","description":"JD.com","primary":true}],"title":"Behind the Scenes of JD.com\u0026#39;s Latest Options Trends","updated":"2024-11-22T20:41:26Z","updatedAt":"2024-11-22T20:41:26Z","url":"https://www.benzinga.com/insights/options/24/11/42147037/behind-the-scenes-of-jd-coms-latest-options-trends"}]}]},"align":"","mode":"edit"},"innerBlocks":[],"innerHTML":"","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Trident/4.0; .NET CLR 2.0.50727; InfoPath.3; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)"},{"blockName":"acf/raptive-ad-placement","attrs":{"name":"acf/raptive-ad-placement","data":{"type":"content-home-page","only_desktop":false,"only_mobile":false,"only_client_side":false,"minimum_height_enabled":true},"align":"","mode":"edit","className":"pt-[15px]"},"innerBlocks":[],"innerHTML":"","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Trident/4.0; .NET CLR 2.0.50727; InfoPath.3; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)","type":"default"},{"blockName":"core/paragraph","attrs":{"data":[]},"innerBlocks":[],"innerHTML":"\n\u003cp\u003e\u003c/p\u003e\n","html":"","tag":"p","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Trident/4.0; .NET CLR 2.0.50727; InfoPath.3; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)"},{"blockName":"acf/carousel-events","attrs":{"name":"acf/carousel-events","data":{"title":"Benzinga Events","link":"https://www.benzinga.com/events","variant":"default","options":{"show_arrows_only_on_overflow":true,"slides_per_page":"","height":"180","width":"200","object_fit":"contain","title_case":false,"background_color":""},"initialItems":[{"href":"https://www.benzinga.com/fintech-awards","id":9792,"image":"https://cannabis-eventscdn.benzinga.com/wp-content/uploads/2024/07/25154112/bg.jpg","subtitle":"November 19, 2024 | New York City, NY","title":"FINTECH DEAL DAY \u0026#038; AWARDS ‘24"},{"href":"https://www.benzinga.com/events/digital-assets/","id":9591,"image":"https://cannabis-eventscdn.benzinga.com/wp-content/uploads/2024/05/30172343/1100ED42-4E22-4359-860F-D96B73A386C9.png","subtitle":"November 19th, 2024 | NYC","title":"2024 Future of Digital Assets Conference"},{"href":"https://cannabismarketspotlight.com/california/anaheim-november-12/","id":9960,"image":"https://cannabis-eventscdn.benzinga.com/wp-content/uploads/2024/11/12092820/bg.jpg","subtitle":"November 12th | House of Blues Anaheim CA 92802","title":"2024 Market Spotlight | California"}]},"align":"","mode":"preview"},"innerBlocks":[],"innerHTML":"","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; Trident/4.0; .NET CLR 2.0.50727; InfoPath.3; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)"},{"blockName":"acf/news-list-group","attrs":{"name":"acf/news-list-group","data":{"groups":[{"title":"Why is it Moving?","title_case":false,"link":"https://www.benzinga.com/topic/why-its-moving","style":"","type":"default","loadMoreButton":false,"showSponsoredContent":false,"query_and_options":{"options":{"displayOutput":"headline","limit":4},"query":{"tags":[768599],"channelAndTagQueryOperator":"and"}},"query":{"displayOutput":"headline","limit":4,"tags":[768599],"channelAndTagQueryOperator":"and"},"parsely_query":{"limit":"","author":"","tag":""},"reachContent":{"placementIndex":3,"repeatIndex":5},"nodes":[{"assets":[{"type":"image","title":"Photo by solarseven on Shutterstock","alt":"Photo by solarseven on Shutterstock","source":"","mime":"","primary":true,"attributes":{"fid":"901188","filename":"Photo-by-solarseven-on-Shutterstock.jpeg","filepath":"files/images/story/2024/11/22/Photo-by-solarseven-on-Shutterstock.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Vaishali Prayag","channels":[{"tid":57,"vid":1,"name":"News"},{"tid":41,"vid":1,"name":"Dividends"},{"tid":36240,"vid":1,"name":"Commodities"},{"tid":17027,"vid":1,"name":"Global"},{"tid":24,"vid":1,"name":"Movers"}],"created":"2024-11-22T21:02:04Z","createdAt":"2024-11-22T21:02:04Z","id":42147481,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Photo-by-solarseven-on-Shutterstock.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"Morningstar":[{"IndustryCode":30910030,"Industry":"Oil \u0026 Gas Integrated","IndustryGroupCode":30910,"IndustryGroup":"Oil \u0026 Gas","SectorCode":309,"Sector":"Energy","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661685,"post_path":"news/global/24/11/42147481/petrobras-shares-are-on-the-rise-today-whats-going-on","post_type":"post"}},"nodeId":42147481,"stocks":[{"tid":15813,"vid":2,"name":"PBR","description":"Petroleo Brasileiro S.A.- Petrobras","primary":true}],"storyId":"6740f149b6cb720001aa3825","tags":[{"tid":768599,"vid":3,"name":"why it's moving"}],"teaser":"Petrobras Brasileiro shares are trading higher Friday, following the approval of $3.4 billion in extraordinary dividends by its board. Here\u0026#39;s what you need to know.","teaserText":"Petrobras Brasileiro shares are trading higher Friday, following the approval of $3.4 billion in extraordinary dividends by its board. 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Here\u0026#39;s what you need to know.","teaserText":"Ford Motor Company (NYSE: F) shares are trading higher Friday amid multiple developments, including unionization efforts at its Kentucky battery plant and broader industry calls to President-elect Donald Trump to preserve key EV tax credits. 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(NASDAQ: SOUN) shares are trading higher Friday. The company announced the deployment of its conversational AI agents, Amelia at Apivia Courtage, part of the AEMA Group. Here\u0026#39;s what you need to know.","teaserText":"SoundHound AI, Inc. (NASDAQ: SOUN) shares are trading higher Friday. The company announced the deployment of its conversational AI agents, Amelia at Apivia Courtage, part of the AEMA Group. Here\u0026#39;s what you need to know.","tickers":[{"tid":840479,"vid":2,"name":"SOUN","primary":true}],"title":"SoundHound AI Shares Are On The Rise Friday: What\u0026#39;s Going On?","updated":"2024-11-22T19:13:06Z","updatedAt":"2024-11-22T19:13:06Z","url":"https://www.benzinga.com/trading-ideas/movers/24/11/42145826/soundhound-ai-shares-are-on-the-rise-friday-whats-going-on"},{"assets":[{"type":"image","title":"entrepreneur-1340649","alt":"entrepreneur-1340649","source":"","mime":"","primary":true,"attributes":{"fid":"901153","filename":"entrepreneur-1340649.jpeg","filepath":"files/images/story/2024/11/22/entrepreneur-1340649.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Henry Khederian","channels":[{"tid":57,"vid":1,"name":"News"}],"created":"2024-11-22T18:39:21Z","createdAt":"2024-11-22T18:39:21Z","id":42145053,"image":"https://www.benzinga.com/files/images/story/2024/11/22/entrepreneur-1340649.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661313,"post_path":"news/24/11/42145053/whats-driving-small-cap-success-for-ishares-russell-2000-etf-iwm-in-november","post_type":"post"}},"nodeId":42145053,"stocks":[{"tid":9417,"vid":2,"name":"IWM","description":"iShares Russell 2000 Index Fund","primary":true},{"tid":10098,"vid":2,"name":"SPY","description":"S\u0026P Dep Receipts"}],"storyId":"6740cfd5b6cb720001aa2dc2","tags":[{"tid":768599,"vid":3,"name":"why it's moving"}],"teaser":"U.S. small-cap stocks have delivered an exceptional performance this November. The iShares Russell 2000 ETF has climbed 8.5% in November.","teaserText":"U.S. small-cap stocks have delivered an exceptional performance this November. The iShares Russell 2000 ETF has climbed 8.5% in November.","tickers":[{"tid":9417,"vid":2,"name":"IWM","description":"iShares Russell 2000 Index Fund","primary":true},{"tid":10098,"vid":2,"name":"SPY","description":"S\u0026P Dep Receipts"}],"title":"What\u0026#39;s Driving Small-Cap Success For iShares Russell 2000 ETF (IWM) In November?","updated":"2024-11-22T18:39:21Z","updatedAt":"2024-11-22T18:39:21Z","url":"https://www.benzinga.com/news/24/11/42145053/whats-driving-small-cap-success-for-ishares-russell-2000-etf-iwm-in-november"}]},{"title":"Digital Assets and Fintech","title_case":false,"link":"https://www.benzinga.com/markets/cryptocurrency","style":"","type":"default","loadMoreButton":false,"showSponsoredContent":false,"query_and_options":{"options":{"displayOutput":"full","limit":4},"query":{"channels":[135733,144421],"channelAndTagQueryOperator":"and"}},"query":{"displayOutput":"full","limit":4,"channels":[135733,144421],"channelAndTagQueryOperator":"and"},"parsely_query":{"limit":"","author":"","tag":""},"reachContent":{"placementIndex":3,"repeatIndex":5},"nodes":[{"assets":[{"type":"image","title":"Dogecoin's Surge- Thanks to Elon Musk and Viral Memes","alt":"Dogecoin's Surge- Thanks to Elon Musk and Viral Memes","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"901236","filename":"Dogecoins-Surge--Thanks-to-Elon-Musk-and.jpeg","filepath":"files/images/story/2024/11/23/Dogecoins-Surge--Thanks-to-Elon-Musk-and.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Bibhu Pattnaik","body":"\u003cp\u003e\u003cstrong\u003eDogecoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) experienced a 5% surge following a tweet by \u003cstrong\u003eElon Musk\u003c/strong\u003e on X. This has sparked fresh speculations about the imminent payments service on Musk\u0026#8217;s social app.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: Musk\u0026#8217;s Friday post, which featured a screenshot of podcaster Joe Rogan\u0026#8217;s X profile, triggered the increase in Dogecoin\u0026#8217;s price. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe post displayed a unique dollar icon, different from the app\u0026#8217;s tipping service, leading to speculations that it could be related to the anticipated X Payments service.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eHave to say that \u003ca href=\"https://twitter.com/joerogan?ref_src=twsrc%5Etfw\"\u003e@joerogan\u003c/a\u003e's profile description is awesome \u0026#x1f602; \u003ca href=\"https://t.co/6Z8hUAQIBj\"\u003epic.twitter.com/6Z8hUAQIBj\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1859930496278368525?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eMusk responded to the speculation with a simple \u0026#8220;true\u0026#8221;, further fueling the rumors. Dogecoin\u0026#8217;s price has historically been influenced by payment-related news from any of Musk\u0026#8217;s ventures, including X, formerly known as Twitter.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eTrue\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860003103518732614?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThere are speculations that once the service is live, it might support transactions with digital assets like DOGE, given Musk\u0026#8217;s known fondness for the token. \u003c/p\u003e\n\n\n\n\u003cp\u003eMusk\u0026#8217;s electric car company, already accepts DOGE payments for certain merchandise purchases in its online store.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eOver the past 24 hours, DOGE has advanced 6.16% and at the time of writing it was trading at $0.4332, outperforming the stagnant \u003cstrong\u003eBitcoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) prices. The token has risen 190% over the past month, trading at its highest level since May 2021.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters\u003c/strong\u003e: The surge in Dogecoin\u0026#8217;s price following Musk\u0026#8217;s tweet is significant as it highlights the influence Musk has over the cryptocurrency market. \u003c/p\u003e\n\n\n\n\u003cp\u003eHis tweet sparked speculations about the forthcoming X Payments service, which could potentially support transactions with digital assets like DOGE. \u003c/p\u003e\n\n\n\n\u003cp\u003eThis is particularly noteworthy given Musk\u0026#8217;s known fondness for the token and the fact that his electric car company, Tesla Inc., already accepts DOGE payments for certain merchandise purchases. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe rise in DOGE\u0026#8217;s price also outperformed the stagnant bitcoin prices, indicating a growing interest in alternative cryptocurrencies.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/04/38478483/crypto-analyst-predicts-this-altcoin-will-explode-260-in-2024-and-its-not-dogecoin-or-shib\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eCrypto Analyst Predicts This Altcoin Will Explode 260% In 2024, And It's Not Dogecoin Or Shiba Inu\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e ","channels":[{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":57,"vid":1,"name":"News"},{"tid":138079,"vid":1,"name":"Top Stories"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-23T18:00:21Z","createdAt":"2024-11-23T18:00:21Z","id":42152684,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Dogecoins-Surge--Thanks-to-Elon-Musk-and.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3711,"Industry":"Motor Vehicles \u0026 Passenger Car Bodies","IndustryGroup":371,"MajorGroup":37,"Division":""}],"NAICS":[{"NationalIndustryCode":336211,"NationalIndustry":"Motor Vehicle Body Manufacturing ","IndustryCode":33621,"Industry":"Motor Vehicle Body and Trailer Manufacturing","IndustryGroupCode":3362,"IndustryGroup":"Motor Vehicle Body and Trailer Manufacturing","SubSectorCode":336,"SubSector":"Transportation Equipment Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":10200020,"Industry":"Auto Manufacturers","IndustryGroupCode":10200,"IndustryGroup":"Vehicles \u0026 Parts","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662150,"post_path":"markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments","post_type":"post"}},"nodeId":42152684,"stocks":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar"},{"tid":26160,"vid":2,"name":"TSLA","description":"Tesla Motors"}],"storyId":"67421831b6cb720001aa4d4d","tags":[{"tid":134390,"vid":3,"name":"dogecoin"},{"tid":30461,"vid":3,"name":"Elon Musk"},{"tid":26097,"vid":3,"name":"Tesla"},{"tid":17627,"vid":3,"name":"twitter"},{"tid":673658,"vid":3,"name":"X"}],"teaser":"Dogecoin (CRYPTO: DOGE) experienced a 5% surge following a tweet by Elon Musk on X. This has sparked fresh speculations about the imminent payments service on Musk’s social app.","teaserText":"Dogecoin (CRYPTO: DOGE) experienced a 5% surge following a tweet by Elon Musk on X. This has sparked fresh speculations about the imminent payments service on Musk’s social app.","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar"},{"tid":26160,"vid":2,"name":"TSLA","description":"Tesla Motors"}],"title":"Musk Tweet Sparks Dogecoin Surge, Fuels Speculation On X Payments","updated":"2024-11-23T18:00:23Z","updatedAt":"2024-11-23T18:00:23Z","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments"},{"assets":[{"type":"image","title":"Elon Musk rilancia Dogecoin: la meme coin sta tornando?","alt":"Elon Musk rilancia Dogecoin: la meme coin sta tornando?","source":"","mime":"","primary":true,"attributes":{"fid":"901230","filename":"Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg","filepath":"files/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Bibhu Pattnaik","body":"\u003cp\u003eLarge holders of \u003cstrong\u003eDogecoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin's biggest investors. \u003c/p\u003e\n\n\n\n\u003cp\u003eBlockchain experts note that such whale movements often signal potential market shifts, as these transactions can precede either price rallies or sell-offs. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe transfers occurred amid a period of relative stability for Dogecoin, trading near $0.056 at the time of the transactions.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/Dogecoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Dogecoin\u003c/a\u003e whales have bought more than 550 million \u003ca href=\"https://twitter.com/search?q=%24DOGE\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$DOGE\u003c/a\u003e over the past week, worth around $214.5 million! \u003ca href=\"https://t.co/0eHqQGL3LO\"\u003epic.twitter.com/0eHqQGL3LO\u003c/a\u003e\u003c/p\u003e\u0026mdash; Ali (@ali_charts) \u003ca href=\"https://twitter.com/ali_charts/status/1859560640869806344?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Historically, Dogecoin's price has been highly susceptible to whale activity, prompting heightened attention from the crypto community.\u003c/p\u003e\n\n\n\n\u003cp\u003eDogecoin, created in 2013 as a joke, has gained significant traction thanks to endorsements from figures like \u003cstrong\u003eElon Musk\u003c/strong\u003e. Despite its origins, the cryptocurrency now ranks among the top digital assets by market capitalization.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe meme coin remains a popular choice for retail investors, although its price volatility has led to mixed opinions among analysts. This latest whale activity underscores the ongoing interest in Dogecoin among major holders, hinting at potential shifts in market sentiment.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/39871566/massive-dogecoin-moves-worth-50-million-each-spotted-on-robinhood\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMassive Dogecoin Moves Worth $50 Million Each Spotted On Robinhood\u003c/a\u003e\u003c/p\u003e ","channels":[{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":57,"vid":1,"name":"News"},{"tid":138079,"vid":1,"name":"Top Stories"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-23T16:30:27Z","createdAt":"2024-11-23T16:30:27Z","id":42152520,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662084,"post_path":"markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation","post_type":"post"}},"nodeId":42152520,"stocks":[{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar","primary":true}],"storyId":"67420317b6cb720001aa4cc0","tags":[{"tid":945572,"vid":3,"name":"Doge tokens"},{"tid":134390,"vid":3,"name":"dogecoin"},{"tid":821761,"vid":3,"name":"whale"}],"teaser":"Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.","teaserText":"Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.","tickers":[{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar","primary":true}],"title":"Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation","updated":"2024-11-23T16:30:28Z","updatedAt":"2024-11-23T16:30:28Z","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation"},{"assets":[{"type":"image","title":"bulls-and-bears-ai43","alt":"Bulls And Bears","source":"Midjourney","mime":"","primary":true,"attributes":{"fid":"901229","filename":"bulls-and-bears-ai43.jpeg","filepath":"files/images/story/2024/11/23/bulls-and-bears-ai43.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Michael Cohen","body":"\u003cp\u003eBenzinga examined the prospects for\u003ca href=\"http://www.benzinga.com/trading-ideas\"\u003e many investors\u0026#8217; favorite stocks\u003c/a\u003e over the last week — here\u0026#8217;s a look at some of our top stories.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Dow Jones Industrial Average gained around 2% this week, with the S\u0026amp;P 500 and Nasdaq each rising approximately 1.7%. Despite \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e) surpassing analysts\u0026#8217; expectations for Q3 earnings and revenue, its stock traded flat, leaving the market\u0026#8217;s rebound to unfold independently of its AI momentum. \u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile, \u003cstrong\u003eAlphabet Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOG#NASDAQ\"\u003eGOOG\u003c/a\u003e) (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOGL#NASDAQ\"\u003eGOOGL\u003c/a\u003e) faced a steep decline after the DOJ pushed for Chrome\u0026#8217;s divestiture, erasing over $120 billion in market cap on Thursday. \u003c/p\u003e\n\n\n\n\u003cp\u003eOn the economic side, November saw strong U.S. private sector growth, with S\u0026amp;P Global\u0026#8217;s PMI showing the services sector expanding at its fastest rate since March 2022, while inflation pressures eased, \u003ca href=\"https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets\"\u003eaiding the Fed\u0026#8217;s outlook.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eBenzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week\u0026#8217;s most bullish and bearish posts that are worth another look.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eThe Bulls\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/24/11/42072727/exclusive-bitcoin-advocate-anthony-pompliano-says-coinbase-is-similar-to-apple-has-something-that-cant-be-bought\"\u003eEXCLUSIVE: Bitcoin Advocate Anthony Pompliano Says Coinbase Is Similar To Apple, \u0026#8216;Has Something That Can\u0026#8217;t Be Bought\u0026#8217;\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/chris-katje\"\u003eChris Katje\u003c/a\u003e, features \u003cstrong\u003eAnthony Pompliano \u003c/strong\u003ecomparing \u003cstrong\u003eCoinbase Global, Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/COIN#NASDAQ\"\u003eCOIN\u003c/a\u003e) to \u003cstrong\u003eApple Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AAPL#NASDAQ\"\u003eAAPL\u003c/a\u003e), emphasizing its trust and brand power as a leading crypto platform attracting new investors during a pro-crypto administration.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42097462/dogecoin-millionaire-shares-50-million-meme-coin-strategy-for-2025-pepe-brett-are-this-bull-runs-doge-shiba-inu\"\u003eDogecoin Millionaire Shares $50 Million Meme Coin Strategy For 2025: Pepe, Brett Are This Bull Run\u0026#8217;s DOGE, Shiba Inu\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/khyathi-dalal\"\u003eKhyathi Dalal\u003c/a\u003e, details \u003cstrong\u003eGlauber Contessoto\u003c/strong\u003e\u0026#8216;s diversified $50 million investment strategy for 2025. The strategy predicts that \u003cstrong\u003ePepe \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/\"\u003ePEPE\u003c/a\u003e) and \u003cstrong\u003eBrett \u003c/strong\u003e(CRYPTO: BRT) will dominate the next bull market, following the success patterns of \u003cstrong\u003eDogecoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) and \u003cstrong\u003eShiba Inu\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/shib/usd\"\u003eSHIB\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42102652/michael-saylors-microstrategy-takes-wall-street-by-storm-becomes-second-most-traded-stock-after-nvidia\"\u003eMichael Saylor\u0026#8217;s MicroStrategy Takes Wall Street By Storm, Becomes Second-Most Traded Stock After Nvidia\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/aniket-verma\"\u003eAniket Verma\u003c/a\u003e, highlights \u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) surpassing trading volumes of \u003cstrong\u003eTesla Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e) and \u003cstrong\u003eApple Inc.\u003c/strong\u003e, finishing second to \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e after a surge in \u003cstrong\u003eBitcoin\u003c/strong\u003e-related (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) market interest.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor additional bullish calls of the past week, check out the following:\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/24/11/42082542/supermicro-computer-shares-soar-32-as-it-avoids-nasdaq-delisting-but-analysts-are-not-convinced-heres-whats-coming-next-for-smci\"\u003e\u003cem\u003eSuper Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here\u0026#8217;s What\u0026#8217;s Coming Next For SMCI\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/general/gaming/24/11/42047265/gamestop-adds-nat-turner-to-board-does-the-move-show-bigger-bet-on-trading-cards-grading\"\u003e\u003cem\u003eGameStop Adds Nat Turner To Board: Does The Move Show Bigger Bet On Trading Cards, Grading?\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42096407/microsoft-one-of-the-most-compelling-investment-opportunities-says-goldman-sachs\"\u003e\u003cem\u003eMicrosoft \u0026#8216;One Of The Most Compelling Investment Opportunities,\u0026#8217; Says Goldman Sachs\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Bears\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/news/large-cap/24/11/42094649/nvidia-stock-historically-drops-in-december-after-q3-earnings\"\u003eNvidia Stock Historically Drops In December After Q3 Earnings\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/piero-cingari\"\u003ePiero Cingari\u003c/a\u003e, highlights that \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e has historically struggled in December, with an average 1.84% decline and only 40% of Decembers closing positive since 2014, despite strong Q3 earnings. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/general/sports/24/11/42094958/netflix-faces-class-action-lawsuit-over-streaming-crashes-during-jake-paul-mike-tyson-fight\"\u003eNetflix Faces Class-Action Lawsuit Over Streaming Crashes During Jake Paul, Mike Tyson Fight\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/chris-katje\"\u003eChris Katje\u003c/a\u003e, reports on \u003cstrong\u003eNetflix Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NFLX#NASDAQ\"\u003eNFLX\u003c/a\u003e) facing legal action for technical issues during the \u003cstrong\u003eJake Paul\u003c/strong\u003e vs. \u003cstrong\u003eMike Tyson\u003c/strong\u003e boxing match, which attracted over 108 million viewers, making it the most-streamed sporting event ever but resulting in service disruptions that sparked subscriber lawsuits.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/24/11/42097477/muddy-waters-carson-block-is-betting-against-elf-beauty-short-seller-believes-company-is-overstating-revenue-earnings-major-red-flag\"\u003eMuddy Waters\u0026#8217; Carson Block Bets Against E.L.F. Beauty: Short Seller Says Retailer\u0026#8217;s Financials Show \u0026#8216;Major Red Flag\u0026#8217;\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/adam-eckert\"\u003eAdam Eckert\u003c/a\u003e, details \u003cstrong\u003eCarson Block\u003c/strong\u003e\u0026#8216;s short position against \u003cstrong\u003ee.l.f. Beauty Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/ELF#NYSE\"\u003eELF\u003c/a\u003e), alleging inflated revenues of $135-$190 million over three quarters, citing discrepancies between reported growth and U.S. Customs import data.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor more bearish takes, be sure to see these posts:\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/24/11/42097545/feds-bowman-warns-on-inflation-risks-signals-neutral-rate-may-be-closer\"\u003e\u003cem\u003eFed\u0026#8217;s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer \u0026#8216;Than We Currently Think\u0026#8217;\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks\"\u003e\u003cem\u003eTarget Q3 Earnings: Supply Chain Chaos Hits Bottomline, Slashes Annual Profit Outlook, Stock Tanks\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003e\u003cem\u003eBitcoin Analyst Warns Of \u0026#8216;4-6 Flash Crashes\u0026#8217; Before Year-End As It Inches Closer To $100K: That\u0026#8217;s The Moment Altcoins \u0026#8216;Shoot Off\u0026#8217;\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eKeep up with all the latest breaking news and trading ideas by following\u003c/em\u003e\u003ca href=\"https://twitter.com/Benzinga\"\u003e\u003cem\u003e \u003c/em\u003e\u003cem\u003eBenzinga\u003c/em\u003e\u003c/a\u003e\u003ca href=\"http://twitter.com/Benzinga\"\u003e\u003cem\u003e on Twitter\u003c/em\u003e\u003c/a\u003e\u003cem\u003e.\u003c/em\u003e\u003c/p\u003e ","channels":[{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":24769,"vid":1,"name":"Equities"},{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":57,"vid":1,"name":"News"},{"tid":32789,"vid":1,"name":"Short Sellers","description":"Short Sellers"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":138079,"vid":1,"name":"Top Stories"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-23T16:00:20Z","createdAt":"2024-11-23T16:00:20Z","id":42152450,"image":"https://www.benzinga.com/files/images/story/2024/11/23/bulls-and-bears-ai43.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3571,"Industry":"Electronic Computers","IndustryGroup":357,"MajorGroup":35,"Division":""},{"IndustryCode":6231,"Industry":"Security \u0026 Commodity Exchanges","IndustryGroup":623,"MajorGroup":62,"Division":""},{"IndustryCode":2844,"Industry":"Perfumes, Cosmetics, \u0026 Other 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examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.","teaserText":"Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar"},{"tid":893850,"vid":2,"name":"$PEPE","description":"PEPE"},{"tid":807085,"vid":2,"name":"$SHIB","description":"Shiba Inu"},{"tid":10394,"vid":2,"name":"AAPL","description":"Apple"},{"tid":11016,"vid":2,"name":"COIN","description":"Converted 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favorite stocks\u003c/a\u003e over the last week — here\u0026#8217;s a look at some of our top stories.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Dow Jones Industrial Average gained around 2% this week, with the S\u0026amp;P 500 and Nasdaq each rising approximately 1.7%. Despite \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e) surpassing analysts\u0026#8217; expectations for Q3 earnings and revenue, its stock traded flat, leaving the market\u0026#8217;s rebound to unfold independently of its AI momentum. \u003c/p\u003e\n\n\n\n\u003cp\u003eMeanwhile, \u003cstrong\u003eAlphabet Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOG#NASDAQ\"\u003eGOOG\u003c/a\u003e) (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GOOGL#NASDAQ\"\u003eGOOGL\u003c/a\u003e) faced a steep decline after the DOJ pushed for Chrome\u0026#8217;s divestiture, erasing over $120 billion in market cap on Thursday. \u003c/p\u003e\n\n\n\n\u003cp\u003eOn the economic side, November saw strong U.S. private sector growth, with S\u0026amp;P Global\u0026#8217;s PMI showing the services sector expanding at its fastest rate since March 2022, while inflation pressures eased, \u003ca href=\"https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets\"\u003eaiding the Fed\u0026#8217;s outlook.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eBenzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week\u0026#8217;s most bullish and bearish posts that are worth another look.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eThe Bulls\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/24/11/42072727/exclusive-bitcoin-advocate-anthony-pompliano-says-coinbase-is-similar-to-apple-has-something-that-cant-be-bought\"\u003eEXCLUSIVE: Bitcoin Advocate Anthony Pompliano Says Coinbase Is Similar To Apple, \u0026#8216;Has Something That Can\u0026#8217;t Be Bought\u0026#8217;\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/chris-katje\"\u003eChris Katje\u003c/a\u003e, features \u003cstrong\u003eAnthony Pompliano \u003c/strong\u003ecomparing \u003cstrong\u003eCoinbase Global, Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/COIN#NASDAQ\"\u003eCOIN\u003c/a\u003e) to \u003cstrong\u003eApple Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AAPL#NASDAQ\"\u003eAAPL\u003c/a\u003e), emphasizing its trust and brand power as a leading crypto platform attracting new investors during a pro-crypto administration.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42097462/dogecoin-millionaire-shares-50-million-meme-coin-strategy-for-2025-pepe-brett-are-this-bull-runs-doge-shiba-inu\"\u003eDogecoin Millionaire Shares $50 Million Meme Coin Strategy For 2025: Pepe, Brett Are This Bull Run\u0026#8217;s DOGE, Shiba Inu\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/khyathi-dalal\"\u003eKhyathi Dalal\u003c/a\u003e, details \u003cstrong\u003eGlauber Contessoto\u003c/strong\u003e\u0026#8216;s diversified $50 million investment strategy for 2025. The strategy predicts that \u003cstrong\u003ePepe \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/\"\u003ePEPE\u003c/a\u003e) and \u003cstrong\u003eBrett \u003c/strong\u003e(CRYPTO: BRT) will dominate the next bull market, following the success patterns of \u003cstrong\u003eDogecoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) and \u003cstrong\u003eShiba Inu\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/shib/usd\"\u003eSHIB\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42102652/michael-saylors-microstrategy-takes-wall-street-by-storm-becomes-second-most-traded-stock-after-nvidia\"\u003eMichael Saylor\u0026#8217;s MicroStrategy Takes Wall Street By Storm, Becomes Second-Most Traded Stock After Nvidia\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/aniket-verma\"\u003eAniket Verma\u003c/a\u003e, highlights \u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) surpassing trading volumes of \u003cstrong\u003eTesla Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TSLA#NASDAQ\"\u003eTSLA\u003c/a\u003e) and \u003cstrong\u003eApple Inc.\u003c/strong\u003e, finishing second to \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e after a surge in \u003cstrong\u003eBitcoin\u003c/strong\u003e-related (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) market interest.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor additional bullish calls of the past week, check out the following:\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/24/11/42082542/supermicro-computer-shares-soar-32-as-it-avoids-nasdaq-delisting-but-analysts-are-not-convinced-heres-whats-coming-next-for-smci\"\u003e\u003cem\u003eSuper Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here\u0026#8217;s What\u0026#8217;s Coming Next For SMCI\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/general/gaming/24/11/42047265/gamestop-adds-nat-turner-to-board-does-the-move-show-bigger-bet-on-trading-cards-grading\"\u003e\u003cem\u003eGameStop Adds Nat Turner To Board: Does The Move Show Bigger Bet On Trading Cards, Grading?\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42096407/microsoft-one-of-the-most-compelling-investment-opportunities-says-goldman-sachs\"\u003e\u003cem\u003eMicrosoft \u0026#8216;One Of The Most Compelling Investment Opportunities,\u0026#8217; Says Goldman Sachs\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Bears\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/news/large-cap/24/11/42094649/nvidia-stock-historically-drops-in-december-after-q3-earnings\"\u003eNvidia Stock Historically Drops In December After Q3 Earnings\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/piero-cingari\"\u003ePiero Cingari\u003c/a\u003e, highlights that \u003cstrong\u003eNVIDIA Corp.\u003c/strong\u003e has historically struggled in December, with an average 1.84% decline and only 40% of Decembers closing positive since 2014, despite strong Q3 earnings. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/general/sports/24/11/42094958/netflix-faces-class-action-lawsuit-over-streaming-crashes-during-jake-paul-mike-tyson-fight\"\u003eNetflix Faces Class-Action Lawsuit Over Streaming Crashes During Jake Paul, Mike Tyson Fight\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/chris-katje\"\u003eChris Katje\u003c/a\u003e, reports on \u003cstrong\u003eNetflix Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NFLX#NASDAQ\"\u003eNFLX\u003c/a\u003e) facing legal action for technical issues during the \u003cstrong\u003eJake Paul\u003c/strong\u003e vs. \u003cstrong\u003eMike Tyson\u003c/strong\u003e boxing match, which attracted over 108 million viewers, making it the most-streamed sporting event ever but resulting in service disruptions that sparked subscriber lawsuits.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;\u003ca href=\"https://www.benzinga.com/24/11/42097477/muddy-waters-carson-block-is-betting-against-elf-beauty-short-seller-believes-company-is-overstating-revenue-earnings-major-red-flag\"\u003eMuddy Waters\u0026#8217; Carson Block Bets Against E.L.F. Beauty: Short Seller Says Retailer\u0026#8217;s Financials Show \u0026#8216;Major Red Flag\u0026#8217;\u003c/a\u003e,\u0026#8221; by \u003ca href=\"https://www.benzinga.com/author/adam-eckert\"\u003eAdam Eckert\u003c/a\u003e, details \u003cstrong\u003eCarson Block\u003c/strong\u003e\u0026#8216;s short position against \u003cstrong\u003ee.l.f. Beauty Inc.\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/ELF#NYSE\"\u003eELF\u003c/a\u003e), alleging inflated revenues of $135-$190 million over three quarters, citing discrepancies between reported growth and U.S. Customs import data.\u003c/p\u003e\n\n\n\n\u003cp\u003eFor more bearish takes, be sure to see these posts:\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/24/11/42097545/feds-bowman-warns-on-inflation-risks-signals-neutral-rate-may-be-closer\"\u003e\u003cem\u003eFed\u0026#8217;s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer \u0026#8216;Than We Currently Think\u0026#8217;\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks\"\u003e\u003cem\u003eTarget Q3 Earnings: Supply Chain Chaos Hits Bottomline, Slashes Annual Profit Outlook, Stock Tanks\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003e\u003cem\u003eBitcoin Analyst Warns Of \u0026#8216;4-6 Flash Crashes\u0026#8217; Before Year-End As It Inches Closer To $100K: That\u0026#8217;s The Moment Altcoins \u0026#8216;Shoot Off\u0026#8217;\u003c/em\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eKeep up with all the latest breaking news and trading ideas by following\u003c/em\u003e\u003ca href=\"https://twitter.com/Benzinga\"\u003e\u003cem\u003e \u003c/em\u003e\u003cem\u003eBenzinga\u003c/em\u003e\u003c/a\u003e\u003ca href=\"http://twitter.com/Benzinga\"\u003e\u003cem\u003e on Twitter\u003c/em\u003e\u003c/a\u003e\u003cem\u003e.\u003c/em\u003e\u003c/p\u003e ","channels":[{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":24769,"vid":1,"name":"Equities"},{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":57,"vid":1,"name":"News"},{"tid":32789,"vid":1,"name":"Short Sellers","description":"Short Sellers"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":138079,"vid":1,"name":"Top Stories"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-23T16:00:20Z","createdAt":"2024-11-23T16:00:20Z","id":42152450,"image":"https://www.benzinga.com/files/images/story/2024/11/23/bulls-and-bears-ai43.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3571,"Industry":"Electronic Computers","IndustryGroup":357,"MajorGroup":35,"Division":""},{"IndustryCode":6231,"Industry":"Security \u0026 Commodity Exchanges","IndustryGroup":623,"MajorGroup":62,"Division":""},{"IndustryCode":2844,"Industry":"Perfumes, Cosmetics, \u0026 Other 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Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661572,"post_path":"trading-ideas/long-ideas/24/11/42152450/benzinga-bulls-and-bears-coinbase-microstrategy-nvidia-e-l-f-beauty-and-dogecoin-millionaire-predicts-2025-meme-kings","post_type":"post"}},"nodeId":42152450,"stocks":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar"},{"tid":893850,"vid":2,"name":"$PEPE","description":"PEPE"},{"tid":807085,"vid":2,"name":"$SHIB","description":"Shiba Inu"},{"tid":10394,"vid":2,"name":"AAPL","description":"Apple"},{"tid":11016,"vid":2,"name":"COIN","description":"Converted Organics"},{"tid":144930,"vid":2,"name":"ELF"},{"tid":11589,"vid":2,"name":"GOOG","description":"Google"},{"tid":121080,"vid":2,"name":"GOOGL"},{"tid":12208,"vid":2,"name":"MSTR","description":"MicroStrategy"},{"tid":12280,"vid":2,"name":"NFLX","description":"NetFlix"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":26160,"vid":2,"name":"TSLA","description":"Tesla Motors"}],"storyId":"6741fc0fb6cb720001aa4c86","tags":[{"tid":888492,"vid":3,"name":"AI Generated"},{"tid":904226,"vid":3,"name":"Benzinga Bulls And Bears"},{"tid":865432,"vid":3,"name":"Bulls And Bears"},{"tid":35733,"vid":3,"name":"Carson Block"},{"tid":35729,"vid":3,"name":"Muddy Waters"},{"tid":913345,"vid":3,"name":"Stories That Matter"}],"teaser":"Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.","teaserText":"Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":797639,"vid":2,"name":"$DOGE","description":"Dogecoin - United States Dollar"},{"tid":893850,"vid":2,"name":"$PEPE","description":"PEPE"},{"tid":807085,"vid":2,"name":"$SHIB","description":"Shiba Inu"},{"tid":10394,"vid":2,"name":"AAPL","description":"Apple"},{"tid":11016,"vid":2,"name":"COIN","description":"Converted Organics"},{"tid":144930,"vid":2,"name":"ELF"},{"tid":11589,"vid":2,"name":"GOOG","description":"Google"},{"tid":121080,"vid":2,"name":"GOOGL"},{"tid":12208,"vid":2,"name":"MSTR","description":"MicroStrategy"},{"tid":12280,"vid":2,"name":"NFLX","description":"NetFlix"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":26160,"vid":2,"name":"TSLA","description":"Tesla Motors"}],"title":"Benzinga Bulls And Bears: Coinbase, MicroStrategy, Nvidia, e.l.f. Beauty - And Dogecoin Millionaire Predicts 2025 Meme Kings","updated":"2024-11-23T16:00:21Z","updatedAt":"2024-11-23T16:00:21Z","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/11/42152450/benzinga-bulls-and-bears-coinbase-microstrategy-nvidia-e-l-f-beauty-and-dogecoin-millionaire-predicts-2025-meme-kings"},{"assets":[{"type":"image","title":"Short selling Photo by evan_huang on Shutterstock","alt":"hedge fund Short selling Photo by evan_huang on Shutterstock","source":"Short selling Photo by evan_huang on Shutterstock","mime":"image/jpeg","primary":true,"attributes":{"fid":"901226","filename":"Short-selling-Photo-by-evan-huang-on-Shu.jpeg","filepath":"files/images/story/2024/11/23/Short-selling-Photo-by-evan-huang-on-Shu.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Chris Katje","body":"\u003cp\u003eInvestors have been hit with an increased amount of short reports from some of the most well-known names in the space, which could be due to high valuations for stocks or could be coming after the \u003ca href=\"https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election\"\u003e2024 presidential election results\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Over the past three months, big names in the short report space have taken on small and large companies claiming high valuations, accounting irregularities and other reasons that the stocks should trade lower.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eMuddy Waters\u003c/strong\u003e recently \u003ca href=\"https://www.benzinga.com/24/11/42097477/muddy-waters-carson-block-is-betting-against-elf-beauty-short-seller-believes-company-is-overstating-revenue-earnings-major-red-flag\"\u003eissued a short report\u003c/a\u003e on \u003cstrong\u003ee.l.f. Beauty\u003c/strong\u003e, which was the first report from the short seller in months.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eKerrisdale Capital \u003c/strong\u003erecently \u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/11/42092578/oklo-stock-slides-as-short-seller-sets-sights-on-altman-backed-nuclear-startup\"\u003eissued a short report\u003c/a\u003e on \u003cstrong\u003eOklo\u003c/strong\u003e, its first published report since June.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eHindenburg\u003c/strong\u003e, who has been issuing short reports on a monthly basis was the talk of the investing world when they took on technology company \u003cstrong\u003eSuper Micro Computer\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SMCI#NASDAQ\"\u003eSMCI\u003c/a\u003e), \u003ca href=\"https://www.benzinga.com/trading-ideas/short-ideas/24/08/40579899/super-micro-computer-stock-falls-on-short-report-hindenburg-says-company-has-accounting\"\u003eaccusing the company\u003c/a\u003e of accounting, governance and compliance problems.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile the call was not popular at the time, given the company's soaring valuation, the stock is now down 28% over the last month after some of the alleged claims from Hindenburg were amplified\u003ca href=\"https://www.benzinga.com/trading-ideas/movers/24/10/41625460/super-micro-computer-stock-dives-as-auditor-resigns-whats-going-on\"\u003e with the resignation\u003c/a\u003e of the company's independent auditor.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eCitron Research\u003c/strong\u003e published an update on their \u003cstrong\u003eGeo Group \u003c/strong\u003ebullish case in September, the last post made on the company's website. However, the firm led by\u003cstrong\u003e Andrew Left\u003c/strong\u003e has been active on social media, with a post this week announcing the firm \u003ca href=\"https://www.benzinga.com/24/11/42118133/short-seller-andrew-left-targets-microstrategy-stock-as-hedge-against-bullish-bitcoin-bet-completely-detached-from-btc-fundamentals\"\u003ehad shorted shares \u003c/a\u003eof the high-flying software company and \u003cstrong\u003eBitcoin \u003c/strong\u003e(CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) holder \u003cstrong\u003eMicroStrategy Inc \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003eThe announcement of the short report by Left comes as the investor recently \u003ca href=\"https://www.benzinga.com/news/24/07/40027424/gamestop-short-seller-and-citron-founder-andrew-left-pleads-not-guilty-to-fraud-charges\"\u003epleaded not guilty\u003c/a\u003e to fraud charges in July.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlong with the recent growth of short reports from the firms who hadn't published in awhile, there are also regular short reports coming monthly from\u003cstrong\u003e Grizzly Research \u003c/strong\u003eand bi-weekly reports from\u003cstrong\u003e The Bear Cave.\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/news/24/11/41784498/dead-company-walking-short-seller-sets-sights-on-viasat-expects-elon-musks-starlink-to-take-share-af\"\u003e\u0026#8216;Dead Company Walking\u0026#8217;: Short Seller Sets Sights On ViaSat, Expects Elon Musk\u0026#8217;s Starlink To Take Share After Trump Win\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It's Important: \u003c/strong\u003eWhile short reports have been a regular fixture for investors for years, both from investors who are betting against the stocks themselves with their own short positions, newer reports from the likes of The Bear Cave by \u003cstrong\u003eEdwin Dorsey\u003c/strong\u003e come from an investor who claims to never take stakes in the companies he writes about.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhether short reports are being done to make profit betting against the stock or to provide public information for investors to make their own decisions on investments, the big question is why the increase in reports over the last several months.\u003c/p\u003e\n\n\n\n\u003cp\u003eThere's likely two big reasons why.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe first big reason for the increase could be because of the narrative that short sellers and short reports will be targeted by the new White House administration.\u003c/p\u003e\n\n\n\n\u003cp\u003eMuddy Waters' CEO \u003cstrong\u003eCarson Block \u003c/strong\u003esaid \u003cstrong\u003eElon Musk \u003c/strong\u003eand \u003cstrong\u003eDonald Trump\u003c/strong\u003e have both publicly criticized short sellers in the past.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"We've already had some rhetoric, we might have some more anti-short seller rhetoric,\" Block told \u003ca href=\"https://www.bloomberg.com/news/articles/2024-11-21/carson-block-expects-more-anti-short-seller-rhetoric-under-trump?sref=TBDibEcD\"\u003eBloomberg\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eBlock said Republican-led administrations are often lighter on enforcement, but he's not sure if Trump will roll back regulations.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"It is a question as to who is going to head the SEC,\" Block added.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe comment comes as SEC Chairman \u003cstrong\u003eGary Gensler\u003c/strong\u003e recently \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42120607/gary-gensler-to-step-down-as-sec-chair-on-trumps-inauguration-day\"\u003eannounced he will\u003c/a\u003e step down on Trump's inauguration day, ahead of the assumption that Trump was going to replace him with a new leader.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrump Media \u0026amp; Technology Group\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DJT#NASDAQ\"\u003eDJT\u003c/a\u003e), which was co-founded by Trump,\u003ca href=\"https://www.benzinga.com/markets/equities/24/04/38337541/trump-media-technology-group-alleges-naked-short-selling-seeks-nasdaqs-intervention\"\u003e has targeted \u003c/a\u003eshort sellers and alleged that naked short selling is the reason the stock has fallen in price several times.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk, who has often publicly criticized short sellers, recently\u003ca href=\"https://www.benzinga.com/news/24/07/39759646/as-tesla-ceo-elon-musk-wants-to-obliterate-short-sellers-expert-says-they-are-important-more-than-ev\"\u003e said he wanted\u003c/a\u003e to \"obliterate\" short sellers.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe other reason for the increased short report volume could be due to stock market indexes trading near all-time highs and strong year-to-date gains.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe \u003cstrong\u003eSPDR S\u0026amp;P 500 ETF Trust \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SPY#NYSE\"\u003eSPY\u003c/a\u003e), which tracks the S\u0026amp;P 500, is up 26.0% year-to-date. This return is currently the fourth best in the last 10 years and the ETF could still pass the returns of 26.2% (2023), 28.8% (2021) and 31.2% (2019) to move up the list. \u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/trading-ideas/short-ideas/24/11/42119918/musk-ramaswamy-should-target-transdigm-in-budget-cuts-short-report-says-target-1-for-doge\"\u003eMusk, Ramaswamy Should Target TransDigm In Budget Cuts, Short Report Says: \u0026#8216;Target #1\u0026#8217; For D.O.G.E.\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e ","channels":[{"tid":32789,"vid":1,"name":"Short Sellers","description":"Short Sellers"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-23T15:00:19Z","createdAt":"2024-11-23T15:00:19Z","id":42152301,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Short-selling-Photo-by-evan-huang-on-Shu.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":8732,"Industry":"Commercial Economic \u0026 Educational Research","IndustryGroup":873,"MajorGroup":87,"Division":""},{"IndustryCode":7372,"Industry":"Prepackaged Software","IndustryGroup":737,"MajorGroup":73,"Division":""},{"IndustryCode":3571,"Industry":"Electronic Computers","IndustryGroup":357,"MajorGroup":35,"Division":""}],"NAICS":[{"NationalIndustryCode":519130,"NationalIndustry":"Internet Publishing and Broadcasting and Web Search Portals","IndustryCode":51913,"Industry":"Internet Publishing and Broadcasting and Web Search Portals","IndustryGroupCode":5191,"IndustryGroup":"Other Information Services","SubSectorCode":519,"SubSector":"Other Information Services","SectorCode":51,"Sector":"Information"},{"NationalIndustryCode":511210,"NationalIndustry":"Software Publishers","IndustryCode":51121,"Industry":"Software Publishers","IndustryGroupCode":5112,"IndustryGroup":"Software Publishers","SubSectorCode":511,"SubSector":"Publishing Industries (except Internet)","SectorCode":51,"Sector":"Information"},{"NationalIndustryCode":334111,"NationalIndustry":"Electronic Computer Manufacturing ","IndustryCode":33411,"Industry":"Computer and Peripheral Equipment Manufacturing","IndustryGroupCode":3341,"IndustryGroup":"Computer and Peripheral Equipment Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":30830010,"Industry":"Internet Content \u0026 Information","IndustryGroupCode":30830,"IndustryGroup":"Interactive Media","SectorCode":308,"Sector":"Communication Services","SuperSectorCode":3,"SuperSector":"Sensitive"},{"IndustryCode":31110020,"Industry":"Software—Application","IndustryGroupCode":31110,"IndustryGroup":"Software","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"},{"IndustryCode":31120020,"Industry":"Computer Hardware","IndustryGroupCode":31120,"IndustryGroup":"Hardware","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661772,"post_path":"trading-ideas/short-ideas/24/11/42152301/short-sellers-are-back-flurry-of-big-calls-from-muddy-waters-citron-and-others-raises-questions-why-now","post_type":"post"}},"nodeId":42152301,"stocks":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":734439,"vid":2,"name":"DJT"},{"tid":12208,"vid":2,"name":"MSTR","description":"MicroStrategy"},{"tid":12918,"vid":2,"name":"SMCI","description":"Super Micromputer"},{"tid":10098,"vid":2,"name":"SPY","description":"S\u0026P Dep Receipts"}],"storyId":"6741edfeb6cb720001aa4c00","tags":[{"tid":44128,"vid":3,"name":"Andrew Left"},{"tid":35733,"vid":3,"name":"Carson Block"},{"tid":18443,"vid":3,"name":"Citron Research"},{"tid":18656,"vid":3,"name":"Donald Trump"},{"tid":832316,"vid":3,"name":"Edwin Dorsey"},{"tid":30461,"vid":3,"name":"Elon Musk"},{"tid":29660,"vid":3,"name":"Gary Gensler"},{"tid":889446,"vid":3,"name":"Hindenburg"},{"tid":143181,"vid":3,"name":"Kerrisdale Capital"},{"tid":35729,"vid":3,"name":"Muddy Waters"},{"tid":22977,"vid":3,"name":"SEC"},{"tid":785107,"vid":3,"name":"short report"},{"tid":707706,"vid":3,"name":"Short Seller"},{"tid":797774,"vid":3,"name":"The Bear Cave"}],"teaser":"Investors have been hit with an increased amount of short reports from some of the most well-known names in the space, which could be due to high valuations for stocks or could be coming after the 2024 presidential election results.","teaserText":"Investors have been hit with an increased amount of short reports from some of the most well-known names in the space, which could be due to high valuations for stocks or could be coming after the 2024 presidential election results.","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":734439,"vid":2,"name":"DJT"},{"tid":12208,"vid":2,"name":"MSTR","description":"MicroStrategy"},{"tid":12918,"vid":2,"name":"SMCI","description":"Super Micromputer"},{"tid":10098,"vid":2,"name":"SPY","description":"S\u0026P Dep Receipts"}],"title":"Short Sellers Are Back – Flurry Of Big Calls From Muddy Waters, Citron And Others Raises Questions: Why Now?","updated":"2024-11-23T15:00:20Z","updatedAt":"2024-11-23T15:00:20Z","url":"https://www.benzinga.com/trading-ideas/short-ideas/24/11/42152301/short-sellers-are-back-flurry-of-big-calls-from-muddy-waters-citron-and-others-raises-questions-why-now"},{"assets":[{"type":"image","title":"AI-Generated Image","alt":"weed marijuana cannabis stocks cresco","source":"AI-Generated Image ","mime":"","primary":true,"attributes":{"fid":"901187","filename":"AI-Generated-Image_1.jpeg","filepath":"files/images/story/2024/11/22/AI-Generated-Image_1.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nicolás Jose Rodriguez","body":"\u003cp\u003eDespite flat earnings and challenging market conditions, \u003cstrong\u003eCresco Labs Inc.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CRLBF#OTC\"\u003eCRLBF\u003c/a\u003e) remains an \u0026#8220;Overweight\u0026#8221; stock, according to analysis firm \u003cstrong\u003eZuanic \u0026amp; Associates\u003c/strong\u003e. In his latest report, Zuanic underscores Cresco\u0026#8217;s strong positioning in emerging adult-use markets such as Pennsylvania and Ohio while identifying valuation advantages that set the company apart. \u003c/p\u003e\n\n\n\n\u003cp\u003eCresco trades at 5.5x forward EBITDA, below \u003cstrong\u003eGreen Thumb Industries Inc.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GTBIF#OTC\"\u003eGTBIF\u003c/a\u003e) at 7x and \u003cstrong\u003eCuraleaf Holdings Inc. \u003c/strong\u003e(OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CURLF#OTC\"\u003eCURLF\u003c/a\u003e) at 10x. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;This discount presents an appealing entry point for investors looking beyond short-term volatility,\u0026#8221; Zuanic writes.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGet Benzinga\u0026#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter\u0026nbsp;\u003ca href=\"https://newsletteremail.benzinga.com/subscribe\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ehere\u003c/a\u003e. You can't afford to miss out if you\u0026#8217;re serious about the business.\u003c/em\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eMarket Dynamics: Cresco In The Tier 1 Landscape\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003eZuanic's report benchmarks Cresco against other Tier 1 multi-state operators (MSOs), including Green Thumb, \u003cstrong\u003eTrulieve Cannabis Corp.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TCNNF#OTC\"\u003eTCNNF\u003c/a\u003e), \u003cstrong\u003eVerano Holdings Corp.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/VRNOF#OTC\"\u003eVRNOF\u003c/a\u003e), and Curaleaf.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Cresco\u0026#8217;s third-quarter revenue of $180 million fell 2% sequentially, the decline aligns with broader industry trends, with peers like Curaleaf and Verano posting declines of 3% and 5%, respectively. By contrast, Green Thumb achieved a 2% increase, reaching $287 million.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/cannabis/earnings\"\u003eAdjusted EBITDA margins \u003c/a\u003efurther illustrate Cresco's position: the company held steady at 29% in Q3, compared to Green Thumb at 31% (-200 basis points) and Trulieve at 34% (-100 basis points). However, \u003ca href=\"https://www.benzinga.com/quote/CRLBF\"\u003eCresco lags in adjusted cash flow.\u003c/a\u003e\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIts negative $3 million adjusted figure for the first nine months of 2024, factoring in tax liabilities, contrasts sharply with Green Thumb's $139 million (17% of sales) and Trulieve's $37 million (4% of sales). \u003ca href=\"https://www.benzinga.com/topic/pablo-zuanic\"\u003eZuanic highlights\u003c/a\u003e cash flow conversion as a critical area where Cresco \u0026#8216;lags\u0026#8217; its competitors.\u0026#8221;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/24/11/42145406/nebraskas-cannabis-legalization-faces-courtroom-showdown-over-alleged-fraud\"\u003eNebraska\u0026#8217;s Cannabis Legalization Faces Courtroom Showdown Over Alleged Fraud\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eValuation Analysis: Digging Into The Numbers\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003eCresco's \u003ca href=\"https://www.benzinga.com/cannabis/earnings\"\u003evaluation metrics reveal potential upside\u003c/a\u003e. Its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x. This discount extends to EV-to-EBITDA multiples, with Cresco trading at 5.5x compared to Green Thumb at 7x and Curaleaf at 10x.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThese figures include tax liabilities, financial net debt, and other obligations. \"Cresco's lower EV multiples, alongside its gross cash holdings of $157 million, make it a compelling value play among Tier 1 operators,\" Zuanic explains.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eStrategic Hurdles And Growth Catalysts\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003eDespite these advantages, Zuanic identifies several hurdles. Cresco\u0026#8217;s total leverage, including financial and tax liabilities, amounts to 80% of trailing sales, the highest among Tier 1 MSOs. In contrast, Green Thumb's leverage is just 9%. Moreover, while Cresco holds promising positions in \u003ca href=\"https://www.benzinga.com/topic/pennsylvania-cannabis\"\u003ePennsylvania\u003c/a\u003e and \u003ca href=\"https://www.benzinga.com/topic/ohio-cannabis\"\u003eOhio\u003c/a\u003e, Zuanic emphasizes the need for a strategic partner to close the scale gap with peers like Green Thumb and Curaleaf. \u0026#8220;A partnership would help Cresco achieve operational efficiencies and capitalize on upcoming recreational markets,\u0026#8221; he notes.\u003c/p\u003e\n\n\n\n\u003cp\u003eZuanic\u0026#8217;s projections account for regulatory uncertainty, including delays in Pennsylvania's adult-use legalization timeline to mid-2026 and the potential impact of federal rescheduling challenges. Nonetheless, he remains optimistic about Cresco's long-term prospects. \u0026#8220;We see Cresco as a buy for investors with a one-to-two-year horizon, particularly given its discounted valuation,\u0026#8221; he concludes. \u003c/p\u003e\n\n\n\n\u003cp\u003eFor a deeper dive into his methodology and projections, \u003ca href=\"https://zuanicgroup.com/\"\u003evisit Zuanic \u0026amp; Associates' research portal\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003ca href=\"https://www.benzinga.com/24/11/42144540/dea-slammed-over-unlawful-talks-with-cannabis-opponents-the-plot-thickens\"\u003eDEA Slammed For Unlawful Talks With Cannabis Opponents \u0026#8211; The Plot Thickens\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":123430,"vid":1,"name":"Cannabis"},{"tid":927212,"vid":1,"name":"Market Summary"},{"tid":57,"vid":1,"name":"News"},{"tid":30777,"vid":1,"name":"Retail Sales"},{"tid":46411,"vid":1,"name":"Small Cap"},{"tid":145889,"vid":1,"name":"Exclusives"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-22T21:00:20Z","createdAt":"2024-11-22T21:00:20Z","id":42147417,"image":"https://www.benzinga.com/files/images/story/2024/11/22/AI-Generated-Image_1.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3741,"Industry":"Pharmaceutical and Medicine Industry","IndustryGroup":374,"MajorGroup":37,"Division":""},{"IndustryCode":2834,"Industry":"Pharmaceutical Preparations","IndustryGroup":283,"MajorGroup":28,"Division":""}],"NAICS":[{"NationalIndustryCode":325412,"NationalIndustry":"Pharmaceutical Preparation Manufacturing ","IndustryCode":32541,"Industry":"Pharmaceutical and Medicine Manufacturing","IndustryGroupCode":3254,"IndustryGroup":"Pharmaceutical and Medicine Manufacturing","SubSectorCode":325,"SubSector":"Chemical Manufacturing","SectorCode":32,"Sector":"Manufacturing"},{"NationalIndustryCode":325411,"NationalIndustry":"Medicinal and Botanical Manufacturing ","IndustryCode":32541,"Industry":"Pharmaceutical and Medicine Manufacturing","IndustryGroupCode":3254,"IndustryGroup":"Pharmaceutical and Medicine Manufacturing","SubSectorCode":325,"SubSector":"Chemical Manufacturing","SectorCode":32,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":20620020,"Industry":"Drug Manufacturers—Specialty \u0026 Generic","IndustryGroupCode":20620,"IndustryGroup":"Drug Manufacturers","SectorCode":206,"Sector":"Healthcare","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661643,"post_path":"general/market-summary/24/11/42147417/80-leverage-5-5x-ebitda-is-cresco-the-high-risk-high-reward-play-investors-need","post_type":"post"}},"nodeId":42147417,"stocks":[{"tid":735580,"vid":2,"name":"CRLBF"},{"tid":734995,"vid":2,"name":"CURLF","description":"CURALEAF HLDGS INC by Curaleaf Hldgs Inc."},{"tid":724072,"vid":2,"name":"GTBIF"},{"tid":731053,"vid":2,"name":"TCNNF"},{"tid":797063,"vid":2,"name":"VRNOF","description":"Verano Holdings"}],"storyId":"6740f0e0b6cb720001aa37e4","tags":[],"teaser":"According to Z\u0026amp;A, its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x.","teaserText":"According to Z\u0026amp;A, its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x.","tickers":[{"tid":735580,"vid":2,"name":"CRLBF"},{"tid":734995,"vid":2,"name":"CURLF","description":"CURALEAF HLDGS INC by Curaleaf Hldgs Inc."},{"tid":724072,"vid":2,"name":"GTBIF"},{"tid":731053,"vid":2,"name":"TCNNF"},{"tid":797063,"vid":2,"name":"VRNOF","description":"Verano Holdings"}],"title":"80% Leverage, 5.5x EBITDA: Is Cresco The High-Risk, High-Reward Play Investors Need?","updated":"2024-11-22T21:00:21Z","updatedAt":"2024-11-22T21:00:21Z","url":"https://www.benzinga.com/general/market-summary/24/11/42147417/80-leverage-5-5x-ebitda-is-cresco-the-high-risk-high-reward-play-investors-need"},{"assets":[{"type":"image","title":"Upside For Nvidia Stock Could Set This Semiconductor ETF Soaring To New Highs: A Technical Analysis Of SOXL","alt":"Upside For Nvidia Stock Could Set This Semiconductor ETF Soaring To New Highs: A","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"805196","filename":"shutterstock_2114917130_4.jpg","filepath":"files/images/story/2024/03/13/shutterstock_2114917130_4.jpg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Melanie Schaffer","channels":[{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":49,"vid":1,"name":"Sector ETFs"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":52,"vid":1,"name":"Specialty ETFs"},{"tid":42,"vid":1,"name":"Small Cap Analysis"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":47,"vid":1,"name":"ETFs"}],"created":"2024-03-13T19:24:19Z","createdAt":"2024-03-13T19:24:19Z","id":37674329,"image":"https://www.benzinga.com/files/images/story/2024/03/13/shutterstock_2114917130_4.jpg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3674,"Industry":"Semiconductors \u0026 Related Devices","IndustryGroup":367,"MajorGroup":36,"Division":""}],"NAICS":[{"NationalIndustryCode":334413,"NationalIndustry":"Semiconductor and Related Device Manufacturing ","IndustryCode":33441,"Industry":"Semiconductor and Other Electronic Component Manufacturing","IndustryGroupCode":3344,"IndustryGroup":"Semiconductor and Other Electronic Component Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":31130020,"Industry":"Semiconductors","IndustryGroupCode":31130,"IndustryGroup":"Semiconductors","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":true,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":37674329,"stocks":[{"tid":13645,"vid":2,"name":"AMD","description":"Advanced Micro Devices"},{"tid":25105,"vid":2,"name":"AVGO","description":"Broadcom Ltd"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":28556,"vid":2,"name":"SOXL","description":"Soxl","primary":true},{"tid":28555,"vid":2,"name":"SOXS","description":"Direxion Daily Semiconductor Bear 3X Shares","primary":true}],"storyId":"65f1fc6758a64d26a1fe9c2e","tags":[{"tid":24015,"vid":3,"name":"direxion"},{"tid":922750,"vid":3,"name":"Direxion Daily Semiconductor Bear 3X Shares"},{"tid":923580,"vid":3,"name":"Direxion Daily Semiconductor Bull 3X Shares"},{"tid":802151,"vid":3,"name":"Partner Content"}],"teaser":"Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) surged to new 25-month highs between March 1 and March 8, which Benzinga pointed out was likely to happen on Feb. 29.","teaserText":"Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) surged to new 25-month highs between March 1 and March 8, which Benzinga pointed out was likely to happen on Feb. 29.","tickers":[{"tid":13645,"vid":2,"name":"AMD","description":"Advanced Micro Devices"},{"tid":25105,"vid":2,"name":"AVGO","description":"Broadcom Ltd"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":28556,"vid":2,"name":"SOXL","description":"Soxl","primary":true},{"tid":28555,"vid":2,"name":"SOXS","description":"Direxion Daily Semiconductor Bear 3X Shares","primary":true}],"title":"Upside For Nvidia Stock Could Set This Semiconductor ETF Soaring To New Highs: A Technical Analysis Of SOXL","updated":"2024-03-13T19:24:20Z","updatedAt":"2024-03-13T19:24:20Z","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/03/37674329/upside-for-nvidia-stock-could-set-this-semiconductor-etf-soaring-to-new-highs-a-technica"}]},{"title":"Sponsored Content","title_case":false,"link":"https://www.benzinga.com/topic/bz-sponsored","style":"","type":"default","loadMoreButton":true,"showSponsoredContent":false,"query_and_options":{"options":{"displayOutput":"full","limit":4},"query":{"tags":[802151],"channelAndTagQueryOperator":"and"}},"query":{"displayOutput":"full","limit":4,"tags":[802151],"channelAndTagQueryOperator":"and"},"parsely_query":{"limit":"","author":"","tag":""},"loadMoreDevice":"all","reachContent":{"placementIndex":3,"repeatIndex":5},"nodes":[{"assets":[{"type":"image","title":"Screenshot 2024-11-20 at 3.34.04 PM","alt":"Screenshot 2024-11-20 at 3.34.04 PM","source":"","mime":"image/png","primary":true,"attributes":{"fid":"900532","filename":"Screenshot-2024-11-20-at-3-34-04PM.png","filepath":"files/images/story/2024/11/20/Screenshot-2024-11-20-at-3-34-04PM.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Joshenomoto@benzinga.com","body":"\u003cp\u003eUp until earlier Wednesday morning, bullish investors had every reason for fueled optimism. Yesterday, big-box retailing giant \u003cstrong\u003eWalmart Inc\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/WMT#NYSE\"\u003eWMT\u003c/a\u003e) delivered strong third-quarter results, posting\u003ca href=\"https://www.benzinga.com/24/11/42060801/walmart-tops-q3-estimates-ecommerce-growth-shines-with-27-lifts-full-year-forecast\"\u003e adjusted earnings per share of 58 cents\u003c/a\u003e. This easily eclipsed analysts'\u003ca href=\"https://www.benzinga.com/calendars/earnings\"\u003e consensus view of 53 cents\u003c/a\u003e. In addition, revenue hit $169.59 billion, up 5.5% on a year-over-year basis or up 6.2% on a constant-currency basis. This print also beat analysts' estimate of $167.72 billion.\u003c/p\u003e\n\n\n\n\u003cp\u003eNotably, as Benzinga editor Lekha Gupta pointed out, \"Global eCommerce sales rose 27%, driven by store-fulfilled pickup and delivery as well as marketplace growth. Global advertising business grew 28%, including 26% for Walmart Connect in the U.S.\" As well, the retailer has attracted a growing shopper base of\u003ca href=\"https://www.benzinga.com/news/earnings/earnings-beats/24/11/42085839/us-retail-giant-walmarts-growth-is-fueled-by-75-of-its-customers-earning-in-six-figures-ceo-doug-mcmillon-explains\"\u003e households earning a six-figure income\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eWalmart CEO Doug McMillon stated that, \"People come to us to shop as a primary destination in many instances and then they give us feedback across categories. And if you look at our offer in food and consumables, our shares are pretty high and consistent relative to some of the things we see in general merchandise.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eUnfortunately, not every economic bellwether points in an encouraging direction. While investors celebrated the implied holiday cheer of Walmart's results, they got a reality check with rival \u003cstrong\u003eTarget Corporation\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TGT#NYSE\"\u003eTGT\u003c/a\u003e). During the midweek session's premarket hours, TGT stock stumbled due to a glaring\u003ca href=\"https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks\"\u003e earnings miss\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe brick-and-mortar behemoth reported adjusted Q3 EPS of $1.85, falling well short of the consensus view of $2.30. In addition, while total revenue for the quarter reached $25.67 billion — representing a 1.1% lift from the year-go period — this figure missed the expectation of $25.90 billion.\u003c/p\u003e\n\n\n\n\u003cp\u003eFinally, what helped drive investors to the exits was the reduced outlook for the current fiscal year. Management is now forecasting adjusted EPS to land between $8.30 and $8.90, down from the\u003ca href=\"https://www.benzinga.com/node/40480867\"\u003e previous guidance of $9 to $9.70\u003c/a\u003e. The revised guidance is also below the consensus estimate of $9.55.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Direxion ETFs:\u003c/strong\u003e Although the split sentiments may be confusing Wall Street, this dynamic presents a compelling showcase for Direxion's leveraged exchange-traded funds. For those who remain optimistic, investors may consider acquiring units of \u003cstrong\u003eDirexion Daily S\u0026amp;P 500 Bull 3X Shares\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SPXL#NYSE\"\u003eSPXL\u003c/a\u003e). On the other hand, speculators who feel that a turn for the worst may be imminent may look at \u003cstrong\u003eDirexion Daily S\u0026amp;P 500 Bear 3X Shares\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/SPXS#NYSE\"\u003eSPXS\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003ePer the financial service provider's website, the SPXL and SPXS funds seek the daily investment results (before fees and expenses) of 300% (or an inverse 300% in the case of SPXS) of the performance of the S\u0026amp;P 500 index. It's important to note, though, that investors must not hold these leveraged funds for periods greater than one day. Doing so may result in value erosion due to the daily compounding of leveraged returns.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe SPXL ETF:\u003c/strong\u003e Predictably, the SPXL fund has been a strong performer, gaining almost 69% since the beginning of January. However, it's also possible that some cracks may be forming in the armor.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eWhile the SPXL is above its 50-day and 200-day moving averages, it has recently been straddling its 20-day exponential moving average, indicating near-term challenges.\u003c/li\u003e\n\n\n\n\u003cli\u003eAlthough the SPXL has been on a blistering run, there are signs of a slowdown. In the past six months, the ETF gained just over 26%. In the past month, it has moved up less than 1%.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-image\"\u003e\u003cimg decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXdebd4FcBayrcwuduihEVsyZO79aile1bGCkx3qeOmWSQSTNHot3E0oNiWaN7tZ75WxO5ZIXqyX0qJVjgucKNaRM6uXxoEtUYWtK_OkkYWbkJHCbzPVn-K43L1ZK_y1eIa0JTlb_Q?key=_kQTGEFKUN6FuKd64aaRNp76\" alt=\"\"/\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe SPXS ETF:\u003c/strong\u003e On the other end of the spectrum, SPXS has struggled under the weight of the S\u0026amp;P 500 bull market, losing nearly 47% since the start of the year. Still, a bounce back may be on the horizon.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eAt the moment, SPXS is below the 20 EMA, 50 DMA and 200 DMA. However, recent momentum implies a turnaround is possible.\u003c/li\u003e\n\n\n\n\u003cli\u003eSince mid-October, a discernible increase in acquisitive volume is evident, suggesting greater confidence in the bearish thesis.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-image\"\u003e\u003cimg decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXdD98lhgkOWTyzf2WA5YZyBQz14PcPfcSxbnFshV36Do49R4Yoabf6x5cgm1ZEMAxVqCmpgchGuUHpa3r0eQ0XvCu9CfHYyl2AJUb5ihwYVYpCW-v5CnBRiji1_5mkspAh_p709Gg?key=_kQTGEFKUN6FuKd64aaRNp76\" alt=\"\"/\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eFeatured photo by \u003ca href=\"https://pixabay.com/users/fietzfotos-6795508/?utm_source=link-attribution\u0026amp;utm_medium=referral\u0026amp;utm_campaign=image\u0026amp;utm_content=6607631\"\u003eAlbrecht Fietz\u003c/a\u003e from \u003ca href=\"https://pixabay.com/es/photos/bosque-rastro-6607631/\"\u003ePixabay\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":16890,"vid":1,"name":"Technicals"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":47,"vid":1,"name":"ETFs"}],"created":"2024-11-20T20:38:19Z","createdAt":"2024-11-20T20:38:19Z","id":42098570,"image":"https://www.benzinga.com/files/images/story/2024/11/20/Screenshot-2024-11-20-at-3-34-04PM.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":5331,"Industry":"Variety Stores","IndustryGroup":533,"MajorGroup":53,"Division":""}],"NAICS":[{"NationalIndustryCode":452319,"NationalIndustry":"All Other General Merchandise Stores ","IndustryCode":45231,"Industry":"General Merchandise Stores, including Warehouse Clubs and Supercenters ","IndustryGroupCode":4523,"IndustryGroup":"General Merchandise Stores, including Warehouse Clubs and Supercenters ","SubSectorCode":452,"SubSector":"General Merchandise Stores ","SectorCode":45,"Sector":"Retail Trade"},{"NationalIndustryCode":452210,"NationalIndustry":"Department Stores ","IndustryCode":45221,"Industry":"Department Stores ","IndustryGroupCode":4522,"IndustryGroup":"Department Stores ","SubSectorCode":452,"SubSector":"General Merchandise Stores ","SectorCode":45,"Sector":"Retail Trade"}],"Morningstar":[{"IndustryCode":20550010,"Industry":"Discount Stores","IndustryGroupCode":20550,"IndustryGroup":"Retail—Defensive","SectorCode":205,"Sector":"Consumer Defensive","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":true,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":657731,"post_path":"24/11/42098570/split-sentiments-may-drive-huge-interest-in-direxions-spxl-and-spxs-leveraged-etfs","post_type":"post"}},"nodeId":42098570,"stocks":[{"tid":128072,"vid":2,"name":"SPXL"},{"tid":69164,"vid":2,"name":"SPXS"},{"tid":16407,"vid":2,"name":"TGT","description":"Target Corp."},{"tid":16677,"vid":2,"name":"WMT","description":"Wal-Mart Stores"}],"storyId":"673e48b8ed98f100011b2ed7","tags":[{"tid":24015,"vid":3,"name":"direxion"},{"tid":802151,"vid":3,"name":"Partner Content"}],"teaser":" ","teaserText":" ","tickers":[{"tid":128072,"vid":2,"name":"SPXL"},{"tid":69164,"vid":2,"name":"SPXS"},{"tid":16407,"vid":2,"name":"TGT","description":"Target Corp."},{"tid":16677,"vid":2,"name":"WMT","description":"Wal-Mart Stores"}],"title":"Split Sentiments May Drive Huge Interest In Direxion\u0026#39;s SPXL And SPXS Leveraged ETFs","updated":"2024-11-20T20:38:20Z","updatedAt":"2024-11-20T20:38:20Z","url":"https://www.benzinga.com/24/11/42098570/split-sentiments-may-drive-huge-interest-in-direxions-spxl-and-spxs-leveraged-etfs"},{"assets":[{"type":"image","title":"Screenshot 2024-11-14 at 5.18.02 PM","alt":"Screenshot 2024-11-14 at 5.18.02 PM","source":"","mime":"image/png","primary":true,"attributes":{"fid":"898849","filename":"Screenshot-2024-11-14-at-5-18-02PM.png","filepath":"files/images/story/2024/11/14/Screenshot-2024-11-14-at-5-18-02PM.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Joshenomoto@benzinga.com","body":"\u003cp\u003eFollowing the election of Donald J. Trump to a second non-consecutive term, global capital markets have generally responded well to the news. However, one of the strongest beneficiaries of this electoral boost has been the cryptocurrency sector. With the total valuation of the digital asset ecosystem recently eclipsing the $3 trillion mark, investors clearly embrace the incoming Trump administration's potentially favorable policies.\u003c/p\u003e\n\n\n\n\u003cp\u003eIndeed, some blockchain advocates have declared that Trump's victory will represent a \"\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/41867357/trump-victory-signals-golden-era-for-us-crypto-says-binance-ceo-as-bitcoin-tops-77k-for-first-time\"\u003egolden era\u003c/a\u003e\" for virtual currencies. Those bullish on the sector are predicting the arrival of new federal regulators that are open to cryptocurrencies, according to a report by the \u003cem\u003eFinancial Times\u003c/em\u003e. Plus, these decentralized assets could converge with favorable macroeconomic conditions, leading to a possible blockchain renaissance.\u003c/p\u003e\n\n\n\n\u003cp\u003eAt the same time, demand continues to skyrocket for artificial intelligence. Multiple top-tier companies – including \u003cstrong\u003eNvidia Corp\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NVDA#NASDAQ\"\u003eNVDA\u003c/a\u003e) and \u003cstrong\u003eApple Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AAPL#NASDAQ\"\u003eAAPL\u003c/a\u003e) – are all\u003ca href=\"https://www.benzinga.com/news/24/10/41357341/as-nvidia-apple-and-microsoft-race-towards-4-trillion-valuation-generative-ai-startups-reportedly-dr\"\u003e racing toward a $4 trillion valuation\u003c/a\u003e. What's more, experts project that generative AI can have a $1 trillion impact just on the U.S. economy.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, the underlying motif behind these and other digital innovations is energy: crypto mining and generative AI protocols consume a lot of it. As a result, it may not be possible for government agencies to have a discussion about leadership in these critical areas without mentioning nuclear power. It's no shock, then, that\u003ca href=\"https://www.benzinga.com/news/24/07/40044763/uranium-prices-surge-to-16-year-highs-due-to-supply-uncertainties-rising-demand-for-ai-data-centers\"\u003e uranium prices have been moving higher\u003c/a\u003e over the last several months due to supply concerns and blistering demand.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Direxion ETF:\u003c/strong\u003e Should the trajectory continue unabated, traders who don't mind absorbing higher risk for potentially robust rewards may consider the \u003cstrong\u003eDirexion Daily Uranium Industry Bull 2X Shares\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/URAA#NYSE\"\u003eURAA\u003c/a\u003e). A leveraged exchange-traded fund for the true optimist, URAA seeks the daily investment results of 200% of the performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index.\u003c/p\u003e\n\n\n\n\u003cp\u003eOne of the main advantages of this ETF is convenience. Unlike a complex, multi-leg options trade, investors can simply buy units of URAA, much like they would securities of a publicly traded company. Second, the fund features a basket of diverse companies. While the powerhouse \u003cstrong\u003eCameco Corp\u003c/strong\u003e. (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CCJ#NYSE\"\u003eCCJ\u003c/a\u003e) tops the list, the ETF also includes less accessible entities, such as Kazakhstan's national operator \u003cstrong\u003eKazatomprom\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eOf course, every opportunity in the market carries risks. For URAA, the 2X leverage makes the ETF wildly choppy. In addition, investors must avoid exposure lasting longer than one day. Holding URAA for longer than recommended may expose the trader to valuation decay due to the daily compounding of volatility.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe URAA Chart:\u003c/strong\u003e Since its debut in late June of this year, Direxion's leveraged uranium fund has declined by more than 10%. However, fundamental demand for the energy source will likely be a talking point among investors.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eSince hitting a closing high of $29.60 on Oct. 18, the URAA ETF has noticeably declined in market value, presenting some concerns for prospective speculators.\u003c/li\u003e\n\n\n\n\u003cli\u003eAt the same time, the $22 technical support line appears to be holding well. Since the end of September, the bears have attempted to drive the price tag down to this point but have so far failed.\u003c/li\u003e\n\n\n\n\u003cli\u003eThe midweek session saw a significant decline of 4% to $22.82. However, the bulls will be hoping for a turnaround given the aforementioned strength of the $22 support line.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-image\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"568\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image.jpeg\" alt=\"\" class=\"wp-image-647744\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image.jpeg 1020w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image-300x167.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image-768x428.jpeg 768w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eFeatured photo by \u003ca href=\"https://pixabay.com/users/distelapparath-2726923/?utm_source=link-attribution\u0026amp;utm_medium=referral\u0026amp;utm_campaign=image\u0026amp;utm_content=4535761\"\u003eMarkus Distelrath\u003c/a\u003e on \u003ca href=\"https://pixabay.com/?utm_source=link-attribution\u0026amp;utm_medium=referral\u0026amp;utm_campaign=image\u0026amp;utm_content=4535761\"\u003ePixabay\u003c/a\u003e.\u003c/p\u003e","channels":[{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":16890,"vid":1,"name":"Technicals"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":47,"vid":1,"name":"ETFs"}],"created":"2024-11-14T11:57:05Z","createdAt":"2024-11-14T11:57:05Z","id":41967351,"image":"https://www.benzinga.com/files/images/story/2024/11/14/Screenshot-2024-11-14-at-5-18-02PM.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3571,"Industry":"Electronic Computers","IndustryGroup":357,"MajorGroup":35,"Division":""},{"IndustryCode":616,"Industry":"Uranium Mines","IndustryGroup":616,"MajorGroup":61,"Division":""},{"IndustryCode":3674,"Industry":"Semiconductors \u0026 Related Devices","IndustryGroup":367,"MajorGroup":36,"Division":""}],"NAICS":[{"NationalIndustryCode":334220,"NationalIndustry":"Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing","IndustryCode":33422,"Industry":"Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing","IndustryGroupCode":3342,"IndustryGroup":"Communications Equipment Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"},{"NationalIndustryCode":212291,"NationalIndustry":"Uranium-Radium-Vanadium Ore Mining ","IndustryCode":21229,"Industry":"Other Metal Ore Mining","IndustryGroupCode":2122,"IndustryGroup":"Metal Ore Mining","SubSectorCode":212,"SubSector":"Mining (except Oil and Gas)","SectorCode":21,"Sector":"Mining, Quarrying, and Oil and Gas Extraction"},{"NationalIndustryCode":334413,"NationalIndustry":"Semiconductor and Related Device Manufacturing ","IndustryCode":33441,"Industry":"Semiconductor and Other Electronic Component Manufacturing","IndustryGroupCode":3344,"IndustryGroup":"Semiconductor and Other Electronic Component Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":31120030,"Industry":"Consumer Electronics","IndustryGroupCode":31120,"IndustryGroup":"Hardware","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"},{"IndustryCode":30920020,"Industry":"Uranium","IndustryGroupCode":30920,"IndustryGroup":"Other Energy Sources","SectorCode":309,"Sector":"Energy","SuperSectorCode":3,"SuperSector":"Sensitive"},{"IndustryCode":31130020,"Industry":"Semiconductors","IndustryGroupCode":31130,"IndustryGroup":"Semiconductors","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":true,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":647721,"post_path":"trading-ideas/long-ideas/24/11/41967351/crypto-surge-and-ai-demand-highlight-potential-opportunity-in-direxions-2x-uranium-etf","post_type":"post"}},"nodeId":41967351,"stocks":[{"tid":10394,"vid":2,"name":"AAPL","description":"Apple"},{"tid":14020,"vid":2,"name":"CCJ","description":"Cameco Corp."},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":930114,"vid":2,"name":"URAA"}],"storyId":"6735e58dd149ec00010d668d","tags":[{"tid":24015,"vid":3,"name":"direxion"},{"tid":802151,"vid":3,"name":"Partner Content"}],"teaser":" ","teaserText":" ","tickers":[{"tid":10394,"vid":2,"name":"AAPL","description":"Apple"},{"tid":14020,"vid":2,"name":"CCJ","description":"Cameco Corp."},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"},{"tid":930114,"vid":2,"name":"URAA"}],"title":"Crypto Surge And AI Demand Highlight Potential Opportunity In Direxion\u0026#39;s 2X Uranium ETF","updated":"2024-11-14T11:57:05Z","updatedAt":"2024-11-14T11:57:05Z","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/11/41967351/crypto-surge-and-ai-demand-highlight-potential-opportunity-in-direxions-2x-uranium-etf"},{"assets":[{"type":"image","title":"Screenshot 2024-11-06 at 4.11.25 PM","alt":"Screenshot 2024-11-06 at 4.11.25 PM","source":"","mime":"image/png","primary":true,"attributes":{"fid":"895535","filename":"Screenshot-2024-11-06-at-4-11-25PM.png","filepath":"files/images/story/2024/11/06/Screenshot-2024-11-06-at-4-11-25PM.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Joshenomoto@benzinga.com","body":"\u003cp\u003eFormer President Donald J. Trump recently addressed his supporters,\u003ca href=\"https://www.benzinga.com/news/24/11/41766547/trump-gives-victory-speech-in-florida-as-winning-pennsylvania-puts-him-at-brink-of-victory-vows-to-f\"\u003e declaring victory in the contentious 2024 election\u003c/a\u003e. While several major networks had yet to call the race in the wee hours of Wednesday morning, Trump won key battleground states, including pivotal Pennsylvania. With its 19 electoral votes in the bag, it appears that his second term is all but a foregone conclusion.\u003c/p\u003e\n\n\n\n\u003cp\u003eAssuming no shocking or extraordinary developments, Trump's strong support of the fossil-fuel industry could help boost enterprises like \u003cstrong\u003eExxon Mobil Corp\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/XOM#NYSE\"\u003eXOM\u003c/a\u003e). Indeed, entrepreneur Mark Cuban blasted the former reality television star for being loyal to \"\u003ca href=\"https://www.benzinga.com/startups/24/11/41733998/mark-cuban-says-trumps-loyalty-to-his-oil-company-cronies-kicked-off-high-inflation-he-claims-that-w\"\u003ehis oil company cronies\u003c/a\u003e\" at the expense of the American public via high inflation. Still, another go at the White House should benefit the \"black gold\" industry.\u003c/p\u003e\n\n\n\n\u003cp\u003eTo be fair, higher production of hydrocarbon assets could pressure prices. Notably, one of the recent upward catalysts of oil prices was OPEC+'s decision to\u003ca href=\"https://www.benzinga.com/economics/macro-economic-events/24/11/41715076/oil-prices-spike-by-over-3-as-opec-delays-production-increases-ahead-of-us-electi\"\u003e postpone an anticipated production increase\u003c/a\u003e. However, it's also fair to point out that under a Kamala Harris administration, the\u003ca href=\"https://www.benzinga.com/startups/24/10/41577594/u-s-oil-gas-association-calls-out-harris-for-changing-stance-on-fracking-multiple-times-including-a\"\u003e domestic oil industry may have lagged\u003c/a\u003e in favor of green energy alternatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn September, the\u003ca href=\"https://www.benzinga.com/markets/equities/24/09/40817317/solar-shares-climb-as-harris-gains-momentum-post-debate-against-trump-7-top-gainers-in-clean-ene\"\u003e valuation of solar companies\u003c/a\u003e swung higher following the presidential debate between Trump and Harris. Following a poor performance by the former president – in which he made controversial remarks that were heavily criticized and ridiculed – momentum swung toward the Democrat. Now, the pendulum seems to have swung firmly into the Republican candidate's court.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe Direxion ETFs:\u003c/strong\u003e With fossil fuels back in vogue, investors wanting to speculate on the turn of events may consider two exchange-traded funds. First, the \u003cstrong\u003eDirexion Daily S\u0026amp;P Oil \u0026amp; Gas Exp. \u0026amp; Prod. Bull 2X Shares \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GUSH#NYSE\"\u003eGUSH\u003c/a\u003e) offers a compelling canvas for highly optimistic traders. Per its prospectus, GUSH seeks the daily investment results of 200% of the S\u0026amp;P Oil \u0026amp; Gas Exploration \u0026amp; Production Select Industry Index.\u003c/p\u003e\n\n\n\n\u003cp\u003eOn the other hand, investors who are skeptical about the rise in fossil fuels may consider the \u003cstrong\u003eDirexion Daily S\u0026amp;P Oil \u0026amp; Gas Exp. \u0026amp; Prod. Bear 2X Shares\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DRIP#NYSE\"\u003eDRIP\u003c/a\u003e) fund. DRIP offers an identical leverage to that of GUSH. Of course, the difference is that the bear fund is an inverse ETF: as the underlying index falls in value, DRIP rises and vice versa.\u003c/p\u003e\n\n\n\n\u003cp\u003eIt's critical to realize that both ETFs can be incredibly choppy. Furthermore, interested parties must never hold a position in either ETF for a period lasting longer than one day. Otherwise, the daily compounding of volatility could lead to valuation decay.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe GUSH ETF:\u003c/strong\u003e Thanks in part to growing momentum among Democrats prior to the election, the GUSH ETF has declined more than 14% since the beginning of this year.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eFundamentally, Trump being on the verge of victory may translate to a reversal in technical sentiment for the 2X-leveraged oil ETF.\u003c/li\u003e\n\n\n\n\u003cli\u003eSince September, GUSH has been printing a series of rising lows, which may have been a clue regarding the market's electoral expectations.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-image\"\u003e\u003cimg decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXc_ldPWov2dV2xGuwUsEiDCDEBhrf_yOXODCCm72DUsQOHBnRTdsKCw3sEDQ3w-DlMgsgfLJSgCrxvqeGbYgG0gT1EVsa8u73cTWlUE6YQPJdQUnwMani8cmkKRwoaRhwDGAWXkHtWRhDYNG8OwFHZ2RFI6?key=f8M0tudr-YyKem2m9L0jV7-_\" alt=\"\"/\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe DRIP ETF:\u003c/strong\u003e While DRIP was slightly below parity on a year-to-date basis, it gained almost 24% in the past six months as Harris chipped away at Trump in the polls.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eWith Harris having no real pathway to victory, the underlying oil index may rise, which would be negative for DRIP.\u003c/li\u003e\n\n\n\n\u003cli\u003eThe inverse ETF's inability to convincingly break above the resistance level at $12 apparently represented a harbinger.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-image\"\u003e\u003cimg decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXdz8KkPbYWy1iA7d2SzI6gDpvMlGe-VzRRI68So0X36pOGTC7cpK1BOvXHeO948n1XId9vKt-T1ZBaCKcJlpwEv4AiiISIPZvX5rDbM_U_M04PCHEHYEqztbEZTLvExUlJmnPoiZi8clUNlVwzSmZBird1-?key=f8M0tudr-YyKem2m9L0jV7-_\" alt=\"\"/\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eFeatured photo by \u003ca href=\"https://pixabay.com/users/jp26jp-308026/?utm_source=link-attribution\u0026amp;utm_medium=referral\u0026amp;utm_campaign=image\u0026amp;utm_content=514010\"\u003eJohn R Perry\u003c/a\u003e on \u003ca href=\"https://pixabay.com//?utm_source=link-attribution\u0026amp;utm_medium=referral\u0026amp;utm_campaign=image\u0026amp;utm_content=514010\"\u003ePixabay\u003c/a\u003e.\u003c/p\u003e","channels":[{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":16890,"vid":1,"name":"Technicals"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":47,"vid":1,"name":"ETFs"}],"created":"2024-11-06T10:43:52Z","createdAt":"2024-11-06T10:43:52Z","id":41768151,"image":"https://www.benzinga.com/files/images/story/2024/11/06/Screenshot-2024-11-06-at-4-11-25PM.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":1311,"Industry":"Crude Petroleum \u0026 Natural Gas","IndustryGroup":131,"MajorGroup":13,"Division":""}],"NAICS":[{"NationalIndustryCode":211120,"NationalIndustry":"Crude Petroleum Extraction ","IndustryCode":21112,"Industry":"Crude Petroleum Extraction ","IndustryGroupCode":2111,"IndustryGroup":"Oil and Gas Extraction","SubSectorCode":211,"SubSector":"Oil and Gas Extraction","SectorCode":21,"Sector":"Mining, Quarrying, and Oil and Gas Extraction"}],"Morningstar":[{"IndustryCode":30910030,"Industry":"Oil \u0026 Gas Integrated","IndustryGroupCode":30910,"IndustryGroup":"Oil \u0026 Gas","SectorCode":309,"Sector":"Energy","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":true,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"post_path":"trading-ideas/long-ideas/2024/11/%nid/stunning-trump-victory-could-provide-yuge-showcase-for-direxions-gush-and-drip-etfs","post_id":632412,"post_type":"post","campaign_strategy":"Default"}},"nodeId":41768151,"stocks":[{"tid":156779,"vid":2,"name":"DRIP"},{"tid":156778,"vid":2,"name":"GUSH"},{"tid":16750,"vid":2,"name":"XOM","description":"Exxon Mobil Corp."}],"storyId":"672b486573ad6100011087c3","tags":[{"tid":24015,"vid":3,"name":"direxion"},{"tid":802151,"vid":3,"name":"Partner Content"}],"teaser":" ","teaserText":" ","tickers":[{"tid":156779,"vid":2,"name":"DRIP"},{"tid":156778,"vid":2,"name":"GUSH"},{"tid":16750,"vid":2,"name":"XOM","description":"Exxon Mobil Corp."}],"title":"Stunning Trump Victory Could Provide \u0026#39;Yuge\u0026#39; Showcase For Direxion\u0026#39;s GUSH And DRIP ETFs","updated":"2024-11-06T10:43:53Z","updatedAt":"2024-11-06T10:43:53Z","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/11/41768151/stunning-trump-victory-could-provide-yuge-showcase-for-direxions-gush-and-drip-etfs"},{"assets":[{"type":"image","title":"Screenshot 2024-11-04 at 3.05.26 PM","alt":"Screenshot 2024-11-04 at 3.05.26 PM","source":"","mime":"image/png","primary":true,"attributes":{"fid":"894723","filename":"Screenshot-2024-11-04-at-3-05-26PM.png","filepath":"files/images/story/2024/11/04/Screenshot-2024-11-04-at-3-05-26PM.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Joshenomoto@benzinga.com","body":"\u003cp\u003eAll eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a\u003ca href=\"https://www.benzinga.com/news/24/11/41702887/harris-takes-lead-in-red-state-iowa-in-shock-poll\"\u003e shocking poll\u003c/a\u003e result in Iowa may have significant implications for the race and thus for the broader geopolitical paradigm.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to pollster Ann Selzer of the Des Moines Register, Harris leads Trump 47% to 44% among likely voters. As Benzinga staff writer Bibhu Pattnaik mentioned, the significance is that \"Trump held a four-point lead in the same poll in September – and led President Joe Biden by 18 points before Biden quit the race.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eTo be fair, another Iowa poll conducted by Emerson College Polling/RealClearDefense showed that Trump is leading Harris by 10 percentage points. Therefore, the Trump campaign dismissed the Des Moines Register/Mediacom survey as an \"outlier poll.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eNevertheless, Selzer commands a\u003ca href=\"https://www.newsweek.com/who-ann-selzer-iowa-poll-kamala-harris-1979294\"\u003e strong\u003c/a\u003e reputation, having made controversial calls that later turned out to be correct. These calls included correctly predicting Trump's win in Iowa in 2016 and 2020. If the pollster turns out to be correct once more, investors may want to turn their attention to the geopolitical realm.\u003c/p\u003e\n\n\n\n\u003cp\u003eHarris has maintained the Biden administration's strong support of Ukraine in its efforts to expel Russia's invasion. At the same time, the vice president has\u003ca href=\"https://www.benzinga.com/news/24/09/40811624/kamala-harris-slams-donald-trump-over-friendship-with-russian-president-a-dictator-who-would-eat-you\"\u003e also blasted Trump\u003c/a\u003e for his \"friendship\" with Russian president Vladimir Putin. Should Harris win on Tuesday, it's probable that every effort would be made to provide lethal aid to Ukraine. Cynically, this push would likely bolster the defense industry.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe DFEN ETF:\u003c/strong\u003e Investors willing to speculate on an electoral victory for the Democrats may consider the \u003cstrong\u003eDirexion Daily Aerospace \u0026amp; Defense Bull 3X Shares\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/DFEN#NYSE\"\u003eDFEN\u003c/a\u003e). A highly leveraged exchange-traded fund, DFEN seeks the daily investment results of 300% of the performance of the Dow Jones U.S. Select Aerospace \u0026amp; Defense Index.\u003c/p\u003e\n\n\n\n\u003cp\u003eUnder the DFEN fund are leading defense contractors, such as \u003cstrong\u003eRTX Corp\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/RTX#NYSE\"\u003eRTX\u003c/a\u003e) and \u003cstrong\u003eLockheed Martin Corp\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/LMT#NYSE\"\u003eLMT\u003c/a\u003e). However, the ETF also includes companies that are tied to civilian aerospace infrastructure, particularly \u003cstrong\u003eGeneral Electric Co\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GE#NYSE\"\u003eGE\u003c/a\u003e) — which conducts business under GE Aerospace — and \u003cstrong\u003eBoeing Co\u003c/strong\u003e (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/BA#NYSE\"\u003eBA\u003c/a\u003e).\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, it should be noted that leveraged ETFs are incredibly risky. Further, investors should not hold a position for longer than one day. Otherwise, the daily compounding of volatility could lead to value erosion over time.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe DFEN Chart:\u003c/strong\u003e Although DFEN predictably encountered significant choppiness, the overall picture has been bullish, with the fund gaining 34% on a year-to-date basis.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eThe defense-focused ETF saw a noticeable pop higher on Monday off the back of the aforementioned Iowa poll.\u003c/li\u003e\n\n\n\n\u003cli\u003eIt's also interesting to note that DFEN began showing signs of life after President Joe Biden dropped out of the race, allowing Harris to shine.\u003c/li\u003e\n\n\n\n\u003cli\u003eNevertheless, investors should watch the broadening wedge formation that has developed since July, which may have bearish implications.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cfigure class=\"wp-block-image\"\u003e\u003cimg decoding=\"async\" src=\"https://lh7-rt.googleusercontent.com/docsz/AD_4nXfrKHJD6Fu8oL9or0F5h4uECVdYzZJk1qWF9WUBxWePDex7pku9b_M4gC-QtiKbh_ZpvORnkJQxGadiKg2UFam3BzVbMHlsXX5oNdKV2OWVn9eeqpjAk_3mvpKGJTHucoz1ikj-rxo6iUo7tuMFxEC_kZc?key=8eSb-ke5LINFd69vDC9NyN6A\" alt=\"\"/\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eFeatured photo by \u003ca href=\"https://pixabay.com/users/robertwaghorn-6315497/?utm_source=link-attribution\u0026amp;utm_medium=referral\u0026amp;utm_campaign=image\u0026amp;utm_content=2974131\"\u003eRobert Waghorn\u003c/a\u003e on \u003ca href=\"https://pixabay.com/es/photos/chorro-avi%C3%B3n-de-combate-2974131/\"\u003ePixabay\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThis post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":38,"vid":1,"name":"Long Ideas"},{"tid":39,"vid":1,"name":"Short Ideas"},{"tid":16890,"vid":1,"name":"Technicals"},{"tid":22,"vid":1,"name":"Trading Ideas"},{"tid":47,"vid":1,"name":"ETFs"}],"created":"2024-11-04T20:09:10Z","createdAt":"2024-11-04T20:09:10Z","id":41725864,"image":"https://www.benzinga.com/files/images/story/2024/11/04/Screenshot-2024-11-04-at-3-05-26PM.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3721,"Industry":"Aircraft","IndustryGroup":372,"MajorGroup":37,"Division":""},{"IndustryCode":3724,"Industry":"Aircraft Engines \u0026 Engine Parts","IndustryGroup":372,"MajorGroup":37,"Division":""},{"IndustryCode":3761,"Industry":"Guided Missiles \u0026 Space Vehicles","IndustryGroup":376,"MajorGroup":37,"Division":""},{"IndustryCode":3728,"Industry":"Aircraft Parts \u0026 Auxiliary Equipment, N.E.C.","IndustryGroup":372,"MajorGroup":37,"Division":""}],"NAICS":[{"NationalIndustryCode":336411,"NationalIndustry":"Aircraft Manufacturing ","IndustryCode":33641,"Industry":"Aerospace Product and Parts Manufacturing","IndustryGroupCode":3364,"IndustryGroup":"Aerospace Product and Parts Manufacturing","SubSectorCode":336,"SubSector":"Transportation Equipment Manufacturing","SectorCode":33,"Sector":"Manufacturing"},{"NationalIndustryCode":336412,"NationalIndustry":"Aircraft Engine and Engine Parts Manufacturing ","IndustryCode":33641,"Industry":"Aerospace Product and Parts Manufacturing","IndustryGroupCode":3364,"IndustryGroup":"Aerospace Product and Parts Manufacturing","SubSectorCode":336,"SubSector":"Transportation Equipment Manufacturing","SectorCode":33,"Sector":"Manufacturing"},{"NationalIndustryCode":336414,"NationalIndustry":"Guided Missile and Space Vehicle Manufacturing ","IndustryCode":33641,"Industry":"Aerospace Product and Parts Manufacturing","IndustryGroupCode":3364,"IndustryGroup":"Aerospace Product and Parts Manufacturing","SubSectorCode":336,"SubSector":"Transportation Equipment Manufacturing","SectorCode":33,"Sector":"Manufacturing"},{"NationalIndustryCode":336413,"NationalIndustry":"Other Aircraft Parts and Auxiliary Equipment Manufacturing ","IndustryCode":33641,"Industry":"Aerospace Product and Parts Manufacturing","IndustryGroupCode":3364,"IndustryGroup":"Aerospace Product and Parts Manufacturing","SubSectorCode":336,"SubSector":"Transportation Equipment Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":31010010,"Industry":"Aerospace \u0026 Defense","IndustryGroupCode":31010,"IndustryGroup":"Aerospace \u0026 Defense","SectorCode":310,"Sector":"Industrials","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":true,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"post_path":"trading-ideas/long-ideas/2024/11/%nid/heightened-tensions-amid-election-drama-could-bolster-direxions-dfen-fund","post_id":628786,"post_type":"post","campaign_strategy":"Default"}},"nodeId":41725864,"stocks":[{"tid":13749,"vid":2,"name":"BA","description":"Boeing Company"},{"tid":698693,"vid":2,"name":"DFEN"},{"tid":14696,"vid":2,"name":"GE","description":"General Electric Company"},{"tid":15316,"vid":2,"name":"LMT","description":"Lockheed Martin Corp."},{"tid":42394,"vid":2,"name":"RTX"}],"storyId":"672929e973ad6100010fe0d4","tags":[{"tid":24015,"vid":3,"name":"direxion"},{"tid":802151,"vid":3,"name":"Partner Content"}],"teaser":" ","teaserText":" ","tickers":[{"tid":13749,"vid":2,"name":"BA","description":"Boeing Company"},{"tid":698693,"vid":2,"name":"DFEN"},{"tid":14696,"vid":2,"name":"GE","description":"General Electric Company"},{"tid":15316,"vid":2,"name":"LMT","description":"Lockheed Martin Corp."},{"tid":42394,"vid":2,"name":"RTX"}],"title":"Heightened Tensions Amid Election Drama Could Bolster Direxion\u0026#39;s DFEN Fund","updated":"2024-11-04T20:26:54Z","updatedAt":"2024-11-04T20:26:54Z","url":"https://www.benzinga.com/trading-ideas/long-ideas/24/11/41725864/heightened-tensions-amid-election-drama-could-bolster-direxions-dfen-fund"}]}]},"align":"","mode":"preview"},"innerBlocks":[],"innerHTML":"","deviceType":"desktop","userAgent":"Mozilla/4.0 (compatible; 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Here's a brief overview of what investors should keep in mind before the announcement.\u003c/p\u003e\n\u003cp\u003eAnalysts expect Agilent Technologies to report an \u003cstrong\u003eearnings per share\u003c/strong\u003e (EPS) of $1.40.\u003c/p\u003e\n\u003cp\u003eInvestors in Agilent Technologies are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.\u003c/p\u003e\n\u003cp\u003eIt's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.\u003c/p\u003e\n\u003ch3\u003eEarnings Track Record\u003c/h3\u003e\n\u003cp\u003eLast quarter the company beat EPS by $0.06, which was followed by a 0.16% increase in the share price the next day.\u003c/p\u003e\n\u003cp\u003eHere's a look at Agilent Technologies's past performance and the resulting price change:\u003c/p\u003e\n\u003cp\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003cstrong\u003eQuarter\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eQ3 2024\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eQ2 2024\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eQ1 2024\u003c/strong\u003e\u003c/th\u003e\n\u003cth\u003e\u003cstrong\u003eQ4 2023\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eEPS Estimate\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e1.26\u003c/td\u003e\n\u003ctd\u003e1.19\u003c/td\u003e\n\u003ctd\u003e1.22\u003c/td\u003e\n\u003ctd\u003e1.35\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eEPS Actual\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e1.32\u003c/td\u003e\n\u003ctd\u003e1.22\u003c/td\u003e\n\u003ctd\u003e1.29\u003c/td\u003e\n\u003ctd\u003e1.38\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003ePrice Change %\u003c/strong\u003e\u003c/td\u003e\n\u003ctd\u003e0.0%\u003c/td\u003e\n\u003ctd\u003e-10.0%\u003c/td\u003e\n\u003ctd\u003e3.0%\u003c/td\u003e\n\u003ctd\u003e9.0%\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/p\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732305703_0.png\" alt=\"eps graph\" /\u003e\u003c/p\u003e\n\n\u003ch3\u003eMarket Performance of Agilent Technologies's Stock\u003c/h3\u003e\n\u003cp\u003eShares of Agilent Technologies were trading at $132.06 as of November 21. Over the last 52-week period, shares are up 5.86%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. \u003c/p\u003e\n\u003ch3\u003eAnalyst Observations about Agilent Technologies\u003c/h3\u003e\n\u003cp\u003eUnderstanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Agilent Technologies.\u003c/p\u003e\n\u003cp\u003eAnalysts have provided Agilent Technologies with 3 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $149.0, suggesting a potential 12.83% upside.\u003c/p\u003e\n\u003ch3\u003eComparing Ratings Among Industry Peers\u003c/h3\u003e\n\u003cp\u003eIn this analysis, we delve into the analyst ratings and average 1-year price targets of IQVIA Hldgs, Waters and Illumina, three key industry players, offering insights into their relative performance expectations and market positioning.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eThe prevailing sentiment among analysts is an Outperform trajectory for IQVIA Hldgs, with an average 1-year price target of $261.21, implying a potential 97.8% upside.\u003c/li\u003e\n\u003cli\u003eThe prevailing sentiment among analysts is an Neutral trajectory for Waters, with an average 1-year price target of $370.0, implying a potential 180.18% upside.\u003c/li\u003e\n\u003cli\u003eFor Illumina, analysts project an Neutral trajectory, with an average 1-year price target of $173.56, indicating a potential 31.43% upside.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3\u003eSummary of Peers Analysis\u003c/h3\u003e\n\u003cp\u003eThe peer analysis summary provides a snapshot of key metrics for IQVIA Hldgs, Waters and Illumina, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.\u003c/p\u003e\n\u003cp\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCompany\u003c/th\u003e\n\u003cth\u003eConsensus\u003c/th\u003e\n\u003cth\u003eRevenue Growth\u003c/th\u003e\n\u003cth\u003eGross Profit\u003c/th\u003e\n\u003cth\u003eReturn on Equity\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAgilent Technologies\u003c/td\u003e\n\u003ctd\u003eNeutral\u003c/td\u003e\n\u003ctd\u003e-5.62%\u003c/td\u003e\n\u003ctd\u003e$855M\u003c/td\u003e\n\u003ctd\u003e4.65%\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIQVIA Hldgs\u003c/td\u003e\n\u003ctd\u003eOutperform\u003c/td\u003e\n\u003ctd\u003e4.28%\u003c/td\u003e\n\u003ctd\u003e$1.38B\u003c/td\u003e\n\u003ctd\u003e4.17%\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWaters\u003c/td\u003e\n\u003ctd\u003eNeutral\u003c/td\u003e\n\u003ctd\u003e4.02%\u003c/td\u003e\n\u003ctd\u003e$438.65M\u003c/td\u003e\n\u003ctd\u003e10.71%\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIllumina\u003c/td\u003e\n\u003ctd\u003eNeutral\u003c/td\u003e\n\u003ctd\u003e-3.49%\u003c/td\u003e\n\u003ctd\u003e$745M\u003c/td\u003e\n\u003ctd\u003e39.60%\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/p\u003e\n\u003cp\u003eKey Takeaway:\u003c/p\u003e\n\u003cp\u003eAgilent Technologies ranks in the middle among peers for Consensus rating. It is at the bottom for Revenue Growth. For Gross Profit, it is at the top. In terms of Return on Equity, Agilent Technologies is at the bottom compared to its peers.\u003c/p\u003e\n\u003ch3\u003eDelving into Agilent Technologies's Background\u003c/h3\u003e\n\u003cp\u003eOriginally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life science and diagnostic firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab consisting of consumables and services related to life science and applied tools, and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, which we view as the stickiest end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the US and China representing the largest country concentrations.\u003c/p\u003e\n\u003ch3\u003eAgilent Technologies: A Financial Overview\u003c/h3\u003e\n\u003cp\u003e\u003cstrong\u003eMarket Capitalization:\u003c/strong\u003e Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eRevenue Growth:\u003c/strong\u003e Agilent Technologies's revenue growth over a period of 3 months has faced challenges. As of 31 July, 2024, the company experienced a revenue decline of approximately \u003cstrong\u003e-5.62%\u003c/strong\u003e. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Health Care sector.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eNet Margin:\u003c/strong\u003e Agilent Technologies's net margin excels beyond industry benchmarks, reaching \u003cstrong\u003e17.87%\u003c/strong\u003e. This signifies efficient cost management and strong financial health.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eReturn on Equity (ROE):\u003c/strong\u003e Agilent Technologies's ROE stands out, surpassing industry averages. With an impressive ROE of \u003cstrong\u003e4.65%\u003c/strong\u003e, the company demonstrates effective use of equity capital and strong financial performance.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eReturn on Assets (ROA):\u003c/strong\u003e Agilent Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of \u003cstrong\u003e2.58%,\u003c/strong\u003e the company showcases efficient use of assets and strong financial health.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eDebt Management:\u003c/strong\u003e With a below-average debt-to-equity ratio of \u003cstrong\u003e0.5\u003c/strong\u003e, Agilent Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.\u003c/p\u003e\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/quote/A/earnings\"\u003e\u003cstrong\u003eTo track all earnings releases for Agilent Technologies visit their earnings calendar on our site.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\u003cp\u003e\u003cem\u003eThis article was generated by Benzinga's automated content engine and reviewed by an editor.\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":16888,"vid":1,"name":"Earnings"}],"created":"2024-11-22T20:01:46Z","createdAt":"2024-11-22T20:01:46Z","id":42146533,"image":"","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3825,"Industry":"Instruments For Measuring \u0026 Testing Of Electricity","IndustryGroup":382,"MajorGroup":38,"Division":""}],"NAICS":[{"NationalIndustryCode":334516,"NationalIndustry":"Analytical Laboratory Instrument Manufacturing ","IndustryCode":33451,"Industry":"Navigational, Measuring, Electromedical, and Control Instruments Manufacturing","IndustryGroupCode":3345,"IndustryGroup":"Navigational, Measuring, Electromedical, and Control Instruments Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":20660010,"Industry":"Diagnostics \u0026 Research","IndustryGroupCode":20660,"IndustryGroup":"Medical Diagnostics \u0026 Research","SectorCode":206,"Sector":"Healthcare","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":42146533,"stocks":[{"tid":13498,"vid":2,"name":"A","description":"Agilent Technologies","primary":true}],"storyId":"6740e326b6cb720001aa33d2","tags":[{"tid":787692,"vid":3,"name":"BZI-EP"}],"teaser":" ","teaserText":" ","tickers":[{"tid":13498,"vid":2,"name":"A","description":"Agilent Technologies","primary":true}],"title":"What\u0026#39;s Next: Agilent Technologies\u0026#39;s Earnings Preview","updated":"2024-11-22T20:01:47Z","updatedAt":"2024-11-22T20:01:47Z","url":"https://www.benzinga.com/insights/earnings/24/11/42146533/whats-next-agilent-technologiess-earnings-preview"},{"assets":[{"type":"image","title":"Intuit,Sign,Is,Displayed,Near,Business,And,Financial,Software,Company","alt":"Intuit","source":"Intuit via Shutterstock","mime":"","primary":true,"attributes":{"fid":"901168","filename":"Intuit-Sign-Is-Displayed-Near-Business-A_1.jpeg","filepath":"files/images/story/2024/11/22/Intuit-Sign-Is-Displayed-Near-Business-A_1.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Avi Kapoor","body":"\u003cp\u003eU.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining by more than 350 points on Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Dow traded up 0.82% to 44,228.50 while the NASDAQ rose 0.14% to 18,998.27. The S\u0026amp;P 500 also rose, gaining, 0.31% to 5,966.91.\u003c/p\u003e\n\n\n\n\u003cp\u003eCheck This Out: \u003ca href=\"https://www.benzinga.com/24/11/42135346/top-3-materials-stocks-that-could-blast-off-in-november\"\u003eTop 3 Materials Stocks That Could Blast Off In November\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eLeading and Lagging Sectors\u003c/strong\u003e\u003cbr\u003e\u003cbr\u003eConsumer staples shares rose by 1.5% on Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn trading on Friday, communication services shares fell by 0.6%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTop Headline\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eShares of \u003cstrong\u003eIntuit Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/INTU#NASDAQ\"\u003eINTU\u003c/a\u003e) fell over 5% on Friday after the company reported upbeat results for its first-quarter results, but issued weak forecast for the current quarter.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company reported quarterly earnings of $2.50 per share, which beat the analyst consensus estimate of $2.35 per share. Quarterly revenue came in at $3.28 billion which beat the consensus estimate of $3.14 billion\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eEquities Trading UP\u003c/strong\u003e\u003cbr\u003e\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp; \u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eElastic N.V. \u003c/strong\u003e(NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/ESTC#NYSE\"\u003eESTC\u003c/a\u003e) shares shot up 16% to $109.17 after the company reported better-than-expected second-quarter financial results and issued FY25 guidance above estimates.\u003c/li\u003e\n\n\n\n\u003cli\u003eShares of \u003cstrong\u003eMatthews International Corporation \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MATW#NASDAQ\"\u003eMATW\u003c/a\u003e) got a boost, surging 19% to $30.26 following upbeat earnings.\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eReplimune Group, Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/REPL#NASDAQ\"\u003eREPL\u003c/a\u003e) shares were also up, gaining 45% to $16.00 after the company on Thursday announced it received breakthrough therapy designation status for RP1 and will submit an RP1 biologics license application to the FDA under an accelerated approval pathway.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eEquities Trading DOWN\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eAutonomix Medical, Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AMIX#NASDAQ\"\u003eAMIX\u003c/a\u003e) shares dropped 55% to $6.11 after the company announced the pricing of a $9 million underwritten public offering.\u003c/li\u003e\n\n\n\n\u003cli\u003eShares of \u003cstrong\u003eAptose Biosciences Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/APTO#NASDAQ\"\u003eAPTO\u003c/a\u003e) were down 43% to $0.1390 after the company announced the pricing of an $8 million public offering.\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCemtrex, Inc. \u003c/strong\u003e(NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CETX#NASDAQ\"\u003eCETX\u003c/a\u003e) was down, falling 41% to $0.1164 after the company announced its board approved a 1-for-35 reverse stock split.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eCommodities\u003c/strong\u003e\u003cbr\u003e\u003cbr\u003eIn commodity news, oil traded up 1.5% to $71.16 while gold traded up 1.1% at $2,704.00.\u003c/p\u003e\n\n\n\n\u003cp\u003eSilver traded up 1.1% to $31.275 on Friday, while copper fell 0.8% to $4.0940.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eEuro zone\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eEuropean shares were higher today. The eurozone's STOXX 600 rose 1.12%, Germany's DAX gained 0.77% and France's CAC 40 rose 0.46%. Spain's IBEX 35 Index rose 0.16%, while London's FTSE 100 gained 1.35%.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe S\u0026amp;P Global UK composite PMI declined to 49.9 in November versus 51.8 in the previous month, while Eurozone composite PMI dipped to 48.1 in November from 50 in the prior month.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAsia Pacific Markets\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eAsian markets closed mixed on Friday, with Japan's Nikkei 225 gaining 0.68%, Hong Kong's Hang Seng Index falling 1.89%, China's Shanghai Composite Index dipping 3.06% and India's BSE Sensex gaining 2.54%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eEconomics\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eThe S\u0026amp;P Global US Services PMI climbed to 57 in November versus 55 in the previous month, while manufacturing PMI increased to 48.8 in November from 48.5 in the previous month.\u003c/li\u003e\n\n\n\n\u003cli\u003eThe University of Michigan consumer sentiment for the US fell to 71.8 in November versus a preliminary reading of 73.\u003c/li\u003e\n\n\n\n\u003cli\u003eThe year-ahead inflation expectations in the U.S fell to 2.6% in November from 2.7% in October.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eNow Read This: \u003ca href=\"https://www.benzinga.com/24/11/42135946/wall-streets-most-accurate-analysts-give-their-take-on-3-industrials-stocks-with-over-3-dividend-yields-3\"\u003eWall Street\u0026#8217;s Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 3% Dividend Yields\u003c/a\u003e\u003c/p\u003e","channels":[{"tid":16888,"vid":1,"name":"Earnings"},{"tid":57,"vid":1,"name":"News"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading 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Results","updated":"2024-11-22T19:18:43Z","updatedAt":"2024-11-22T19:18:43Z","url":"https://www.benzinga.com/24/11/42145950/s-intuit-shares-fall-following-q1-results"},{"assets":[{"type":"image","title":"","alt":"","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"901163","filename":"untitled_0.jpeg","filepath":"files/images/story/2024/11/22/untitled_0.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Avi Kapoor","body":"\u003cp\u003e\u003cstrong\u003eNetApp, Inc\u003c/strong\u003e. (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/NTAP#NASDAQ\"\u003eNTAP\u003c/a\u003e) reported better-than-expected second-quarter results on Thursday.\u003c/p\u003e\n\n\n\n\u003cp\u003eNetApp reported quarterly earnings of $1.87 per share, which beat the analyst consensus estimate of $1.78. Quarterly revenue came in at $1.65 billion, which beat the analyst consensus estimate of $1.64 billion and is an increase over revenue of $1.56 billion from the same period last year.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Our strong Q2 performance was driven by another record-breaking quarter in all-flash storage and strong performance in first party and marketplace cloud storage services,\" said George Kurian, CEO of NetApp. \"Broad-based customer preference for our intelligent data infrastructure platform and visionary approach for a data-driven future has enabled us to outgrow the market and take share from competitors. Our focus and momentum fuel my confidence in our ability to deliver outstanding results for customers and shareholders.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company said it sees FY25 revenue of $6.54 billion to $6.74 billion and GAAP earnings of $5.48 to $5.68 per share, with non-GAAP EPS of $7.20 to $7.40.\u003c/p\u003e\n\n\n\n\u003cp\u003eNetApp shares fell 3.3% to trade at $122.46 on Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese analysts made changes to their price targets on NetApp following earnings announcement.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eB of A Securities analyst Wamsi Mohan maintained NetApp with an Underperform and raised the price target from $115 to $121.\u003c/li\u003e\n\n\n\n\u003cli\u003eNorthland Capital Markets analyst Nehal Chokshi maintained NetApp with a Market Perform and raised the price target from $108 to $120.\u003c/li\u003e\n\n\n\n\u003cli\u003eMorgan Stanley analyst Meta Marshall maintained NetApp with an Equal-Weight and raised the price target from $127 to $132.\u003c/li\u003e\n\n\n\n\u003cli\u003eBarclays analyst Tim Long maintained NetApp with an Equal-Weight and increased the price target from $119 to $132.\u003c/li\u003e\n\n\n\n\u003cli\u003eWells Fargo analyst Aaron Rakers maintained NetApp with an Equal-Weight and raised the price target from $135 to $140.\u003c/li\u003e\n\n\n\n\u003cli\u003eStifel analyst Matthew Sheerin maintained the stock with a Buy and raised the price target from $140 to $145.\u003c/li\u003e\n\n\n\n\u003cli\u003eTD Cowen analyst Karl Ackerman maintained NetApp with a Buy and raised the price target from $145 to $160.\u003c/li\u003e\n\n\n\n\u003cli\u003eCitigroup analyst Asiya Merchant maintained the stock with a Neutral and raised the price target from $130 to $135.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead More: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42137942/jim-cramer-says-this-stock-is-a-bitcoin-play-and-he-prefers-to-own-bitcoin\"\u003eJim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":16888,"vid":1,"name":"Earnings"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-22T18:57:59Z","createdAt":"2024-11-22T18:57:59Z","id":42145521,"image":"https://www.benzinga.com/files/images/story/2024/11/22/untitled_0.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3572,"Industry":"Computer Storage Devices","IndustryGroup":357,"MajorGroup":35,"Division":""}],"NAICS":[{"NationalIndustryCode":334112,"NationalIndustry":"Computer Storage Device Manufacturing ","IndustryCode":33411,"Industry":"Computer and Peripheral Equipment Manufacturing","IndustryGroupCode":3341,"IndustryGroup":"Computer and Peripheral Equipment Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":31120020,"Industry":"Computer Hardware","IndustryGroupCode":31120,"IndustryGroup":"Hardware","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661598,"post_path":"24/11/42145521/netapp-analysts-raise-their-forecasts-after-strong-earnings","post_type":"post"}},"nodeId":42145521,"stocks":[{"tid":12334,"vid":2,"name":"NTAP","description":"NetApp","primary":true}],"storyId":"6740d433b6cb720001aa2fa6","tags":[{"tid":903061,"vid":3,"name":"analysts forecasts"},{"tid":850735,"vid":3,"name":"PT Changes"}],"teaser":" ","teaserText":" ","tickers":[{"tid":12334,"vid":2,"name":"NTAP","description":"NetApp","primary":true}],"title":"NetApp Analysts Raise Their Forecasts After Strong Earnings","updated":"2024-11-22T18:57:59Z","updatedAt":"2024-11-22T18:57:59Z","url":"https://www.benzinga.com/24/11/42145521/netapp-analysts-raise-their-forecasts-after-strong-earnings"},{"assets":[{"type":"image","title":"Analysts' Positive Sentiment","alt":"Analysts' Positive Sentiment","source":" Image via Unsplash","mime":"","primary":true,"attributes":{"fid":"901158","filename":"Analysts-Positive-Sentiment.jpeg","filepath":"files/images/story/2024/11/22/Analysts-Positive-Sentiment.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Avi Kapoor","body":"\u003cp\u003e\u003cstrong\u003ePDD Holdings Inc\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/PDD#NASDAQ\"\u003ePDD\u003c/a\u003e) reported downbeat earnings for its fiscal third \u003ca href=\"https://www.benzinga.com/quote/pdd/earnings\"\u003equarter 2024 on Thursday\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company posted revenue growth of 44% year-on-year to $14.16 billion (68.84 billion Chinese yuan), missing the analyst consensus estimate of $14.47 billion. The Chinese online retailer\u0026#8217;s adjusted earnings per ADS of $2.65 (18.59 Chinese yuan) increased from 11.61 Chinese yuan Y/Y, missing the analyst consensus estimate of $2.82. The stock plunged after the print.\u003c/p\u003e\n\n\n\n\u003cp\u003eRevenues from online marketing services and others rose 24% Y/Y to $7.03 billion. Revenues from transaction services jumped 72% Y/Y to $7.13 billion.\u003c/p\u003e\n\n\n\n\u003cp\u003eAdjusted operating profit grew by 48% Y/Y to $3.81 billion. PDD Holdings held $44.0 billion in cash and equivalents as of September 30, 2024. The company generated $3.92 billion in operating cash flow.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;Over the past quarter, our focus remained on driving the high-quality development of the platforms,\u0026#8221; said Mr. Lei Chen, Chairman and Co-Chief Executive Officer of PDD Holdings. \u0026#8220;We are committed to investing consistently and patiently in our platform ecosystem to deliver impactful results over the long run.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003ePDD shares fell 4.8% to trade at $99.06 on Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003eThese analysts made changes to their price targets on PDD following earnings announcement.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eJP Morgan analyst Andre Chang downgraded PDD Holdings from Overweight to Neutral and lowered the price target from $170 to $105.\u003c/li\u003e\n\n\n\n\u003cli\u003eBenchmark analyst Fawne Jiang maintained PDD Holdings with a Buy and cut the price target from $185 to $160.\u003c/li\u003e\n\n\n\n\u003cli\u003eJefferies analyst Thomas Chong, on Thursday, maintained PDD with a Buy and lowered the price target from $181 to $171.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eConsidering buying PDD stock? Here\u0026#8217;s what analysts think:\u003c/strong\u003e \u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large is-resized\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"616\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134807/image-256-1024x616.png\" alt=\"\" class=\"wp-image-661567\" style=\"width:726px;height:auto\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134807/image-256-1024x616.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134807/image-256-300x180.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134807/image-256-768x462.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22134807/image-256.png 1097w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead This Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42137942/jim-cramer-says-this-stock-is-a-bitcoin-play-and-he-prefers-to-own-bitcoin\"\u003eJim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","channels":[{"tid":16888,"vid":1,"name":"Earnings"},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"}],"created":"2024-11-22T18:49:03Z","createdAt":"2024-11-22T18:49:03Z","id":42145286,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Analysts-Positive-Sentiment.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"Morningstar":[{"IndustryCode":10280050,"Industry":"Internet Retail","IndustryGroupCode":10280,"IndustryGroup":"Retail—Cyclical","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661564,"post_path":"24/11/42145286/these-analysts-slash-their-forecasts-on-pdd-holdings-following-q3-results","post_type":"post"}},"nodeId":42145286,"stocks":[{"tid":9758,"vid":2,"name":"PDD","description":"Citigourp Global Markets 2% Protected Notes Linked To The Djia","primary":true}],"storyId":"6740d21cb6cb720001aa2eb0","tags":[{"tid":850735,"vid":3,"name":"PT Changes"}],"teaser":" ","teaserText":" ","tickers":[{"tid":9758,"vid":2,"name":"PDD","description":"Citigourp Global Markets 2% Protected Notes Linked To The Djia","primary":true}],"title":"These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results","updated":"2024-11-22T18:49:03Z","updatedAt":"2024-11-22T18:49:03Z","url":"https://www.benzinga.com/24/11/42145286/these-analysts-slash-their-forecasts-on-pdd-holdings-following-q3-results"}]},{"title":"Analyst Ratings","title_case":false,"link":"https://www.benzinga.com/analyst-stock-ratings","style":"","type":"default","loadMoreButton":false,"showSponsoredContent":false,"query_and_options":{"options":{"displayOutput":"full","limit":4},"query":{"channels":[67],"channelAndTagQueryOperator":"and"}},"query":{"displayOutput":"full","limit":4,"channels":[67],"channelAndTagQueryOperator":"and"},"parsely_query":{"limit":"","author":"","tag":""},"reachContent":{"placementIndex":3,"repeatIndex":5},"nodes":[{"assets":[{"type":"image","title":"AI-Generated Image","alt":"weed marijuana cannabis stocks cresco","source":"AI-Generated Image ","mime":"","primary":true,"attributes":{"fid":"901187","filename":"AI-Generated-Image_1.jpeg","filepath":"files/images/story/2024/11/22/AI-Generated-Image_1.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nicolás Jose Rodriguez","body":"\u003cp\u003eDespite flat earnings and challenging market conditions, \u003cstrong\u003eCresco Labs Inc.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CRLBF#OTC\"\u003eCRLBF\u003c/a\u003e) remains an \u0026#8220;Overweight\u0026#8221; stock, according to analysis firm \u003cstrong\u003eZuanic \u0026amp; Associates\u003c/strong\u003e. In his latest report, Zuanic underscores Cresco\u0026#8217;s strong positioning in emerging adult-use markets such as Pennsylvania and Ohio while identifying valuation advantages that set the company apart. \u003c/p\u003e\n\n\n\n\u003cp\u003eCresco trades at 5.5x forward EBITDA, below \u003cstrong\u003eGreen Thumb Industries Inc.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/GTBIF#OTC\"\u003eGTBIF\u003c/a\u003e) at 7x and \u003cstrong\u003eCuraleaf Holdings Inc. \u003c/strong\u003e(OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/CURLF#OTC\"\u003eCURLF\u003c/a\u003e) at 10x. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;This discount presents an appealing entry point for investors looking beyond short-term volatility,\u0026#8221; Zuanic writes.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGet Benzinga\u0026#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter\u0026nbsp;\u003ca href=\"https://newsletteremail.benzinga.com/subscribe\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ehere\u003c/a\u003e. You can't afford to miss out if you\u0026#8217;re serious about the business.\u003c/em\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eMarket Dynamics: Cresco In The Tier 1 Landscape\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003eZuanic's report benchmarks Cresco against other Tier 1 multi-state operators (MSOs), including Green Thumb, \u003cstrong\u003eTrulieve Cannabis Corp.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TCNNF#OTC\"\u003eTCNNF\u003c/a\u003e), \u003cstrong\u003eVerano Holdings Corp.\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/VRNOF#OTC\"\u003eVRNOF\u003c/a\u003e), and Curaleaf.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile Cresco\u0026#8217;s third-quarter revenue of $180 million fell 2% sequentially, the decline aligns with broader industry trends, with peers like Curaleaf and Verano posting declines of 3% and 5%, respectively. By contrast, Green Thumb achieved a 2% increase, reaching $287 million.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/cannabis/earnings\"\u003eAdjusted EBITDA margins \u003c/a\u003efurther illustrate Cresco's position: the company held steady at 29% in Q3, compared to Green Thumb at 31% (-200 basis points) and Trulieve at 34% (-100 basis points). However, \u003ca href=\"https://www.benzinga.com/quote/CRLBF\"\u003eCresco lags in adjusted cash flow.\u003c/a\u003e\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIts negative $3 million adjusted figure for the first nine months of 2024, factoring in tax liabilities, contrasts sharply with Green Thumb's $139 million (17% of sales) and Trulieve's $37 million (4% of sales). \u003ca href=\"https://www.benzinga.com/topic/pablo-zuanic\"\u003eZuanic highlights\u003c/a\u003e cash flow conversion as a critical area where Cresco \u0026#8216;lags\u0026#8217; its competitors.\u0026#8221;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/24/11/42145406/nebraskas-cannabis-legalization-faces-courtroom-showdown-over-alleged-fraud\"\u003eNebraska\u0026#8217;s Cannabis Legalization Faces Courtroom Showdown Over Alleged Fraud\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eValuation Analysis: Digging Into The Numbers\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003eCresco's \u003ca href=\"https://www.benzinga.com/cannabis/earnings\"\u003evaluation metrics reveal potential upside\u003c/a\u003e. Its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x. This discount extends to EV-to-EBITDA multiples, with Cresco trading at 5.5x compared to Green Thumb at 7x and Curaleaf at 10x.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThese figures include tax liabilities, financial net debt, and other obligations. \"Cresco's lower EV multiples, alongside its gross cash holdings of $157 million, make it a compelling value play among Tier 1 operators,\" Zuanic explains.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003e\u003cstrong\u003eStrategic Hurdles And Growth Catalysts\u003c/strong\u003e\u003c/h3\u003e\n\n\n\n\u003cp\u003eDespite these advantages, Zuanic identifies several hurdles. Cresco\u0026#8217;s total leverage, including financial and tax liabilities, amounts to 80% of trailing sales, the highest among Tier 1 MSOs. In contrast, Green Thumb's leverage is just 9%. Moreover, while Cresco holds promising positions in \u003ca href=\"https://www.benzinga.com/topic/pennsylvania-cannabis\"\u003ePennsylvania\u003c/a\u003e and \u003ca href=\"https://www.benzinga.com/topic/ohio-cannabis\"\u003eOhio\u003c/a\u003e, Zuanic emphasizes the need for a strategic partner to close the scale gap with peers like Green Thumb and Curaleaf. \u0026#8220;A partnership would help Cresco achieve operational efficiencies and capitalize on upcoming recreational markets,\u0026#8221; he notes.\u003c/p\u003e\n\n\n\n\u003cp\u003eZuanic\u0026#8217;s projections account for regulatory uncertainty, including delays in Pennsylvania's adult-use legalization timeline to mid-2026 and the potential impact of federal rescheduling challenges. Nonetheless, he remains optimistic about Cresco's long-term prospects. \u0026#8220;We see Cresco as a buy for investors with a one-to-two-year horizon, particularly given its discounted valuation,\u0026#8221; he concludes. \u003c/p\u003e\n\n\n\n\u003cp\u003eFor a deeper dive into his methodology and projections, \u003ca href=\"https://zuanicgroup.com/\"\u003evisit Zuanic \u0026amp; Associates' research portal\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003ca href=\"https://www.benzinga.com/24/11/42144540/dea-slammed-over-unlawful-talks-with-cannabis-opponents-the-plot-thickens\"\u003eDEA Slammed For Unlawful Talks With Cannabis Opponents \u0026#8211; The Plot Thickens\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":123430,"vid":1,"name":"Cannabis"},{"tid":927212,"vid":1,"name":"Market Summary"},{"tid":57,"vid":1,"name":"News"},{"tid":30777,"vid":1,"name":"Retail Sales"},{"tid":46411,"vid":1,"name":"Small Cap"},{"tid":145889,"vid":1,"name":"Exclusives"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-22T21:00:20Z","createdAt":"2024-11-22T21:00:20Z","id":42147417,"image":"https://www.benzinga.com/files/images/story/2024/11/22/AI-Generated-Image_1.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3741,"Industry":"Pharmaceutical and Medicine Industry","IndustryGroup":374,"MajorGroup":37,"Division":""},{"IndustryCode":2834,"Industry":"Pharmaceutical Preparations","IndustryGroup":283,"MajorGroup":28,"Division":""}],"NAICS":[{"NationalIndustryCode":325412,"NationalIndustry":"Pharmaceutical Preparation Manufacturing ","IndustryCode":32541,"Industry":"Pharmaceutical and Medicine Manufacturing","IndustryGroupCode":3254,"IndustryGroup":"Pharmaceutical and Medicine Manufacturing","SubSectorCode":325,"SubSector":"Chemical Manufacturing","SectorCode":32,"Sector":"Manufacturing"},{"NationalIndustryCode":325411,"NationalIndustry":"Medicinal and Botanical Manufacturing ","IndustryCode":32541,"Industry":"Pharmaceutical and Medicine Manufacturing","IndustryGroupCode":3254,"IndustryGroup":"Pharmaceutical and Medicine Manufacturing","SubSectorCode":325,"SubSector":"Chemical Manufacturing","SectorCode":32,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":20620020,"Industry":"Drug Manufacturers—Specialty \u0026 Generic","IndustryGroupCode":20620,"IndustryGroup":"Drug Manufacturers","SectorCode":206,"Sector":"Healthcare","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661643,"post_path":"general/market-summary/24/11/42147417/80-leverage-5-5x-ebitda-is-cresco-the-high-risk-high-reward-play-investors-need","post_type":"post"}},"nodeId":42147417,"stocks":[{"tid":735580,"vid":2,"name":"CRLBF"},{"tid":734995,"vid":2,"name":"CURLF","description":"CURALEAF HLDGS INC by Curaleaf Hldgs Inc."},{"tid":724072,"vid":2,"name":"GTBIF"},{"tid":731053,"vid":2,"name":"TCNNF"},{"tid":797063,"vid":2,"name":"VRNOF","description":"Verano Holdings"}],"storyId":"6740f0e0b6cb720001aa37e4","tags":[],"teaser":"According to Z\u0026amp;A, its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x.","teaserText":"According to Z\u0026amp;A, its enterprise value (EV) to current sales ratio stands at 1.6x, lower than Curaleaf and Green Thumb, both at 2.2x.","tickers":[{"tid":735580,"vid":2,"name":"CRLBF"},{"tid":734995,"vid":2,"name":"CURLF","description":"CURALEAF HLDGS INC by Curaleaf Hldgs Inc."},{"tid":724072,"vid":2,"name":"GTBIF"},{"tid":731053,"vid":2,"name":"TCNNF"},{"tid":797063,"vid":2,"name":"VRNOF","description":"Verano Holdings"}],"title":"80% Leverage, 5.5x EBITDA: Is Cresco The High-Risk, High-Reward Play Investors Need?","updated":"2024-11-22T21:00:21Z","updatedAt":"2024-11-22T21:00:21Z","url":"https://www.benzinga.com/general/market-summary/24/11/42147417/80-leverage-5-5x-ebitda-is-cresco-the-high-risk-high-reward-play-investors-need"},{"assets":[{"type":"image","title":"AI-Generated Image","alt":"weed cannabis marijuana vape jupiter tilt stock","source":"AI-Generated Image ","mime":"","primary":true,"attributes":{"fid":"901178","filename":"AI-Generated-Image_0.jpeg","filepath":"files/images/story/2024/11/22/AI-Generated-Image_0.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Nicolás Jose Rodriguez","body":"\u003cp\u003e\u003cstrong\u003eTILT Holdings\u003c/strong\u003e (OTC:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/TLLTF#OTC\"\u003eTLLTF\u003c/a\u003e) is at a critical juncture as it explores divesting its plant-touching business (PTB), which generates 75% of its revenue but continues to struggle with declining margins. Massachusetts operations, contributing two-thirds of revenue, are under pressure from market saturation, while Pennsylvania's wholesale arm faces reduced purchases as vertically integrated operators prioritize in-house products. \u003c/p\u003e\n\n\n\n\u003cp\u003eGross margins across TILT fell from 18% in Q1 to 14% in Q3, reflecting challenges across all divisions. Analyst \u003cstrong\u003ePablo Zuanic \u003c/strong\u003evalues the PTB between $20–$30 million, a modest sum given the company's $3 million market cap and heavy debt burden.\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGet Benzinga\u0026#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter \u003ca href=\"https://newsletteremail.benzinga.com/subscribe\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ehere\u003c/a\u003e. You can't afford to miss out if you\u0026#8217;re serious about the business.\u003c/em\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003eDebt Remains A Major Hurdle Despite Positive Cash Flow\u003c/h3\u003e\n\n\n\n\u003cp\u003eTILT's financial health is constrained by $62 million in net debt, with $12 million due in 2025 and $38 million in 2026, alongside $44 million in lease obligations. However, \u003ca href=\"https://www.benzinga.com/topic/pablo-zuanic\"\u003eZuanic highlights\u003c/a\u003e a positive development: TILT generated $2 million in operating cash flow in Q3 2024. \u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003eJupiter\u0026#8217;s Challenges: A Dual Front\u003c/h3\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37083640/jupiter-research-weed-vape-cartridges-mso-brand\"\u003eJupiter, TILT's vape subsidiary\u003c/a\u003e, is contending with both operational setbacks and broader market shifts. U.S. sales dropped to $9.4 million in Q3 2024, down from $15 million in the same period last year, even after adjusting for the transition of half its sales to a 15% distribution fee model. \u003c/p\u003e\n\n\n\n\u003cp\u003eCanadian sales grew 11% to $6.4 million but saw gross margins collapse from 29% to zero. Zuanic calculates that Jupiter's distribution fees could generate $9 million annually at 100% gross margins, with the remaining $53 million in sales yielding 20% margins. This would produce $20 million in gross profit, making Jupiter potentially profitable with $10 million in EBITDA.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, Zuanic remains cautious about the sustainability of these projections given continued market share erosion. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/11/42145489/leef-brands-completes-101-share-consolidation\"\u003eLEEF Brands Completes 10:1 Share Consolidation\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003eCompetitive Landscape And CCELL Partnership\u003c/h3\u003e\n\n\n\n\u003cp\u003eJupiter's long-standing partnership with CCELL is adapting to shifting market dynamics. CCELL has diversified its production outside China to mitigate geopolitical risks, while also strengthening direct U.S. customer support. Zuanic raises concerns about potential \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/23/10/35228569/whos-who-among-cannabis-hardware-vaping-suppliers-zuanic-associates-take-a-deep-div\"\u003eoverlap between CCELL's direct operations and Jupiter's business\u003c/a\u003e, warning that structural changes may be necessary to preserve market leadership. \u003c/p\u003e\n\n\n\n\u003cp\u003eConsumer preferences are shifting toward all-in-one devices (AIOs), prompting Jupiter to invest in proprietary technologies and bolster its supply chain. Despite these efforts, the company has yet to reverse a five-year trend of declining market share. Zuanic underscores the importance of aligning innovation with operational efficiency to stay competitive. For a deeper dive into his methodology and projections, visit \u003ca href=\"https://zuanicgroup.com/\"\u003eZuanic \u0026amp; Associates' research portal\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003ca href=\"https://www.benzinga.com/24/11/42144192/texas-ag-ken-paxton-sues-dallas-over-voter-approved-marijuana-reform\"\u003e Texas AG Ken Paxton Sues Dallas Over Cannabis Decriminalization Reform\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":123430,"vid":1,"name":"Cannabis"},{"tid":927212,"vid":1,"name":"Market Summary"},{"tid":57,"vid":1,"name":"News"},{"tid":34989,"vid":1,"name":"Financing"},{"tid":34992,"vid":1,"name":"Asset Sales"},{"tid":46411,"vid":1,"name":"Small Cap"},{"tid":60,"vid":1,"name":"Management"},{"tid":145889,"vid":1,"name":"Exclusives"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-22T20:17:12Z","createdAt":"2024-11-22T20:17:12Z","id":42146751,"image":"https://www.benzinga.com/files/images/story/2024/11/22/AI-Generated-Image_0.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3741,"Industry":"Pharmaceutical and Medicine Industry","IndustryGroup":374,"MajorGroup":37,"Division":""}],"NAICS":[{"NationalIndustryCode":325412,"NationalIndustry":"Pharmaceutical Preparation Manufacturing ","IndustryCode":32541,"Industry":"Pharmaceutical and Medicine Manufacturing","IndustryGroupCode":3254,"IndustryGroup":"Pharmaceutical and Medicine Manufacturing","SubSectorCode":325,"SubSector":"Chemical Manufacturing","SectorCode":32,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":20620020,"Industry":"Drug Manufacturers—Specialty \u0026 Generic","IndustryGroupCode":20620,"IndustryGroup":"Drug Manufacturers","SectorCode":206,"Sector":"Healthcare","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661612,"post_path":"general/market-summary/24/11/42146751/jupiters-burnout-can-tilt-holdings-reverse-its-five-year-vape-decline","post_type":"post"}},"nodeId":42146751,"stocks":[{"tid":756432,"vid":2,"name":"TLLTF","primary":true}],"storyId":"6740e6c4b6cb720001aa34d7","tags":[{"tid":895782,"vid":3,"name":"cannabis debt"},{"tid":827747,"vid":3,"name":"cannabis debt financing"},{"tid":801187,"vid":3,"name":"Cannabis financing"},{"tid":775074,"vid":3,"name":"Cannabis Markets"},{"tid":148171,"vid":3,"name":"cannabis stocks"},{"tid":745269,"vid":3,"name":"Cannabis Vaping"},{"tid":844272,"vid":3,"name":"Jupiter Research LLC"},{"tid":154491,"vid":3,"name":"Pablo Zuanic"},{"tid":734779,"vid":3,"name":"TILT Holdings"},{"tid":758473,"vid":3,"name":"vapes"},{"tid":626169,"vid":3,"name":"Vaping"}],"teaser":"TILT\u0026#39;s financial health is constrained by $62 million in debt, along with $44 million in lease obligations.","teaserText":"TILT\u0026#39;s financial health is constrained by $62 million in debt, along with $44 million in lease obligations.","tickers":[{"tid":756432,"vid":2,"name":"TLLTF","primary":true}],"title":"Jupiter\u0026#39;s Burnout: Can TILT Holdings Reverse Its Five-Year Vape Decline?","updated":"2024-11-22T20:17:12Z","updatedAt":"2024-11-22T20:17:12Z","url":"https://www.benzinga.com/general/market-summary/24/11/42146751/jupiters-burnout-can-tilt-holdings-reverse-its-five-year-vape-decline"},{"assets":[{"type":"image","title":"analyst ratings image","alt":"analyst ratings image","source":"","mime":"image/jpeg","primary":true,"attributes":{"fid":"555218","filename":"analyst_ratings_image_2.jpeg","filepath":"files/images/story/2023/analyst_ratings_image_2.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga Insights","body":"\u003cp\u003eRatings for Ameren (NYSE:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/AEE#NYSE\"\u003eAEE\u003c/a\u003e) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.\u003c/p\u003e\n\u003cp\u003eIn the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.\u003c/p\u003e\n\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eBullish\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eSomewhat Bullish\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eIndifferent\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eSomewhat Bearish\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eBearish\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eTotal Ratings\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e3\u003c/td\u003e\n\u003ctd align=\"right\"\u003e3\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eLast 30D\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e1M Ago\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e2M Ago\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e3M Ago\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e2\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\n\u003cp\u003eAnalysts have set 12-month price targets for Ameren, revealing an average target of $89.71, a high estimate of $97.00, and a low estimate of $85.00. This upward trend is evident, with the current average reflecting a 6.58% increase from the previous average price target of $84.17.\u003c/p\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732305924_0.png\" alt=\"price target chart\" /\u003e\u003c/p\u003e\n\n\u003ch2\u003eUnderstanding Analyst Ratings: A Comprehensive Breakdown\u003c/h2\u003e\n\u003cp\u003eA comprehensive examination of how financial experts perceive Ameren is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.\u003c/p\u003e\n\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eAnalyst\u003c/th\u003e\n\u003cth\u003eAnalyst Firm\u003c/th\u003e\n\u003cth\u003eAction Taken\u003c/th\u003e\n\u003cth\u003eRating\u003c/th\u003e\n\u003cth\u003eCurrent Price Target\u003c/th\u003e\n\u003cth\u003ePrior Price Target\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStephen Byrd\u003c/td\u003e\n\u003ctd\u003eMorgan Stanley\u003c/td\u003e\n\u003ctd\u003eLowers\u003c/td\u003e\n\u003ctd\u003eEqual-Weight\u003c/td\u003e\n\u003ctd\u003e$86.00\u003c/td\u003e\n\u003ctd\u003e$88.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNicholas Campanella\u003c/td\u003e\n\u003ctd\u003eBarclays\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eOverweight\u003c/td\u003e\n\u003ctd\u003e$88.00\u003c/td\u003e\n\u003ctd\u003e$77.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStephen Byrd\u003c/td\u003e\n\u003ctd\u003eMorgan Stanley\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eEqual-Weight\u003c/td\u003e\n\u003ctd\u003e$85.00\u003c/td\u003e\n\u003ctd\u003e$81.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNeil Kalton\u003c/td\u003e\n\u003ctd\u003eWells Fargo\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eOverweight\u003c/td\u003e\n\u003ctd\u003e$96.00\u003c/td\u003e\n\u003ctd\u003e$91.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJulien Dumoulin-Smith\u003c/td\u003e\n\u003ctd\u003eJefferies\u003c/td\u003e\n\u003ctd\u003eAnnounces\u003c/td\u003e\n\u003ctd\u003eBuy\u003c/td\u003e\n\u003ctd\u003e$97.00\u003c/td\u003e\n\u003ctd\u003e-\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAnthony Crowdell\u003c/td\u003e\n\u003ctd\u003eMizuho\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eOutperform\u003c/td\u003e\n\u003ctd\u003e$89.00\u003c/td\u003e\n\u003ctd\u003e$82.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJulien Dumoulin-Smith\u003c/td\u003e\n\u003ctd\u003eB of A Securities\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eNeutral\u003c/td\u003e\n\u003ctd\u003e$87.00\u003c/td\u003e\n\u003ctd\u003e$86.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\n\u003ch3\u003eKey Insights:\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eAction Taken:\u003c/strong\u003e Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ameren. This information provides a snapshot of how analysts perceive the current state of the company.\u003c/li\u003e\n\u003cli\u003e\u003cstrong\u003eRating:\u003c/strong\u003e Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ameren compared to the broader market.\u003c/li\u003e\n\u003cli\u003e\u003cstrong\u003ePrice Targets:\u003c/strong\u003e Analysts gauge the dynamics of price targets, providing estimates for the future value of Ameren's stock. This comparison reveals trends in analysts' expectations over time.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eTo gain a panoramic view of Ameren's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.\u003c/p\u003e\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/quote/AEE/analyst-ratings?utm_source=Benzinga Insights\"\u003e\u003cstrong\u003eStay up to date on Ameren analyst ratings.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\u003ch2\u003eDiscovering Ameren: A Closer Look\u003c/h2\u003e\n\u003cp\u003eAmeren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves more than 2.4 million electricity customers and more than 900,000 natural gas customers.\u003c/p\u003e\n\u003ch3\u003eAmeren: Financial Performance Dissected\u003c/h3\u003e\n\u003cp\u003e\u003cstrong\u003eMarket Capitalization Analysis:\u003c/strong\u003e The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003ePositive Revenue Trend:\u003c/strong\u003e Examining Ameren's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of \u003cstrong\u003e5.49%\u003c/strong\u003e as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Utilities sector.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eNet Margin:\u003c/strong\u003e Ameren's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of \u003cstrong\u003e20.98%,\u003c/strong\u003e the company showcases strong profitability and effective cost management.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eReturn on Equity (ROE):\u003c/strong\u003e Ameren's ROE excels beyond industry benchmarks, reaching \u003cstrong\u003e3.9%\u003c/strong\u003e. This signifies robust financial management and efficient use of shareholder equity capital.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eReturn on Assets (ROA):\u003c/strong\u003e Ameren's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of \u003cstrong\u003e1.06%,\u003c/strong\u003e the company showcases efficient use of assets and strong financial health.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eDebt Management:\u003c/strong\u003e Ameren's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of \u003cstrong\u003e1.54\u003c/strong\u003e.\u003c/p\u003e\n\u003ch2\u003eThe Core of Analyst Ratings: What Every Investor Should Know\u003c/h2\u003e\n\u003cp\u003eExperts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.\u003c/p\u003e\n\u003cp\u003eSome analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhich Stocks Are Analysts Recommending Now?\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003eBenzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. \u003ca href=\"https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21\u0026amp;utm_source=benzinga-insights\"\u003e\u003cstrong\u003eClick here to stay ahead of the market\u003c/strong\u003e\u003c/a\u003e.\u003c/p\u003e\n\u003cp\u003eThis article was generated by Benzinga's automated content engine and reviewed by an editor.\u003c/p\u003e","channels":[{"tid":67,"vid":1,"name":"Analyst Ratings"}],"created":"2024-11-22T20:05:27Z","createdAt":"2024-11-22T20:05:27Z","id":42146592,"image":"https://www.benzinga.com/files/images/story/2023/analyst_ratings_image_2.jpeg","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{"SIC":[{"IndustryCode":4931,"Industry":"Electric \u0026 Other Services Combined","IndustryGroup":493,"MajorGroup":49,"Division":""}],"NAICS":[{"NationalIndustryCode":221118,"NationalIndustry":"Other Electric Power Generation ","IndustryCode":22111,"Industry":"Electric Power Generation ","IndustryGroupCode":2211,"IndustryGroup":"Electric Power Generation, Transmission and Distribution","SubSectorCode":221,"SubSector":"Utilities ","SectorCode":22,"Sector":"Utilities"}],"Morningstar":[{"IndustryCode":20720020,"Industry":"Utilities—Regulated Electric","IndustryGroupCode":20720,"IndustryGroup":"Utilities—Regulated","SectorCode":207,"Sector":"Utilities","SuperSectorCode":2,"SuperSector":"Defensive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":null},"nodeId":42146592,"stocks":[{"tid":13550,"vid":2,"name":"AEE","description":"Ameren Corp.","primary":true}],"storyId":"6740e403b6cb720001aa341b","tags":[{"tid":797626,"vid":3,"name":"BZI-AAR"}],"teaser":" ","teaserText":" ","tickers":[{"tid":13550,"vid":2,"name":"AEE","description":"Ameren Corp.","primary":true}],"title":"Cracking The Code: Understanding Analyst Reviews For Ameren","updated":"2024-11-22T20:05:28Z","updatedAt":"2024-11-22T20:05:28Z","url":"https://www.benzinga.com/insights/analyst-ratings/24/11/42146592/cracking-the-code-understanding-analyst-reviews-for-ameren"},{"assets":[{"type":"image","title":"analyst ratings image","alt":"analyst ratings image","source":"","mime":"image/png","primary":true,"attributes":{"fid":"555210","filename":"analyst_ratings_image_1.png","filepath":"files/images/story/2023/analyst_ratings_image_1.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga Insights","body":"\u003cp\u003eIn the latest quarter, 6 analysts provided ratings for Expand Energy (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/EXE#NASDAQ\"\u003eEXE\u003c/a\u003e), showcasing a mix of bullish and bearish perspectives.\u003c/p\u003e\n\u003cp\u003eIn the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.\u003c/p\u003e\n\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eBullish\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eSomewhat Bullish\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eIndifferent\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eSomewhat Bearish\u003c/strong\u003e\u003c/th\u003e\n\u003cth align=\"right\"\u003e\u003cstrong\u003eBearish\u003c/strong\u003e\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eTotal Ratings\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e2\u003c/td\u003e\n\u003ctd align=\"right\"\u003e3\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eLast 30D\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e1M Ago\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e2M Ago\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e1\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e2\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003e3M Ago\u003c/strong\u003e\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003ctd align=\"right\"\u003e0\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\n\u003cp\u003eAnalysts have recently evaluated Expand Energy and provided 12-month price targets. The average target is $97.17, accompanied by a high estimate of $116.00 and a low estimate of $85.00. Surpassing the previous average price target of $91.83, the current average has increased by 5.82%.\u003c/p\u003e\n\u003cp\u003e\u003cimg src=\"https://www.benzinga.com/files/images/story/2024/1732305763_0.png\" alt=\"price target chart\" /\u003e\u003c/p\u003e\n\n\u003ch2\u003eDeciphering Analyst Ratings: An In-Depth Analysis\u003c/h2\u003e\n\u003cp\u003eA comprehensive examination of how financial experts perceive Expand Energy is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.\u003c/p\u003e\n\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eAnalyst\u003c/th\u003e\n\u003cth\u003eAnalyst Firm\u003c/th\u003e\n\u003cth\u003eAction Taken\u003c/th\u003e\n\u003cth\u003eRating\u003c/th\u003e\n\u003cth\u003eCurrent Price Target\u003c/th\u003e\n\u003cth\u003ePrior Price Target\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eScott Hanold\u003c/td\u003e\n\u003ctd\u003eRBC Capital\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eOutperform\u003c/td\u003e\n\u003ctd\u003e$116.00\u003c/td\u003e\n\u003ctd\u003e$102.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNitin Kumar\u003c/td\u003e\n\u003ctd\u003eMizuho\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eOutperform\u003c/td\u003e\n\u003ctd\u003e$110.00\u003c/td\u003e\n\u003ctd\u003e$105.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMike Scialla\u003c/td\u003e\n\u003ctd\u003eStephens \u0026amp; Co.\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eEqual-Weight\u003c/td\u003e\n\u003ctd\u003e$86.00\u003c/td\u003e\n\u003ctd\u003e$85.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMike Scialla\u003c/td\u003e\n\u003ctd\u003eStephens \u0026amp; Co.\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eEqual-Weight\u003c/td\u003e\n\u003ctd\u003e$85.00\u003c/td\u003e\n\u003ctd\u003e$84.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePaul Diamond\u003c/td\u003e\n\u003ctd\u003eCitigroup\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eBuy\u003c/td\u003e\n\u003ctd\u003e$97.00\u003c/td\u003e\n\u003ctd\u003e$90.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJosh Silverstein\u003c/td\u003e\n\u003ctd\u003eUBS\u003c/td\u003e\n\u003ctd\u003eRaises\u003c/td\u003e\n\u003ctd\u003eNeutral\u003c/td\u003e\n\u003ctd\u003e$89.00\u003c/td\u003e\n\u003ctd\u003e$85.00\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\n\n\u003ch3\u003eKey Insights:\u003c/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eAction Taken:\u003c/strong\u003e Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Expand Energy. This offers insight into analysts' perspectives on the current state of the company.\u003c/li\u003e\n\u003cli\u003e\u003cstrong\u003eRating:\u003c/strong\u003e Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Expand Energy compared to the broader market.\u003c/li\u003e\n\u003cli\u003e\u003cstrong\u003ePrice Targets:\u003c/strong\u003e Understanding forecasts, analysts offer estimates for Expand Energy's future value. Examining the current and prior targets provides insight into analysts' changing expectations.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eTo gain a panoramic view of Expand Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.\u003c/p\u003e\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/quote/EXE/analyst-ratings?utm_source=Benzinga Insights\"\u003e\u003cstrong\u003eStay up to date on Expand Energy analyst ratings.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\u003ch2\u003eUnveiling the Story Behind Expand Energy\u003c/h2\u003e\n\u003cp\u003eExpand Energy Corp independent natural gas producer in the United States. It is fueling a more affordable, reliable, and lower-carbon future. The group focused on developing abundant natural gas, oil, and gas liquids to expand energy access.\u003c/p\u003e\n\u003ch3\u003eExpand Energy: Delving into Financials\u003c/h3\u003e\n\u003cp\u003e\u003cstrong\u003eMarket Capitalization:\u003c/strong\u003e Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eRevenue Challenges:\u003c/strong\u003e Expand Energy's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately \u003cstrong\u003e-57.28%\u003c/strong\u003e. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eNet Margin:\u003c/strong\u003e Expand Energy's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of \u003cstrong\u003e-17.65%,\u003c/strong\u003e the company may face hurdles in effective cost management.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eReturn on Equity (ROE):\u003c/strong\u003e Expand Energy's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of \u003cstrong\u003e-1.11%,\u003c/strong\u003e the company may face hurdles in achieving optimal financial performance.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eReturn on Assets (ROA):\u003c/strong\u003e The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of \u003cstrong\u003e-0.84%,\u003c/strong\u003e the company may need to address challenges in generating satisfactory returns from its assets.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eDebt Management:\u003c/strong\u003e Expand Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of \u003cstrong\u003e0.2\u003c/strong\u003e.\u003c/p\u003e\n\u003ch2\u003eUnderstanding the Relevance of Analyst Ratings\u003c/h2\u003e\n\u003cp\u003eExperts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.\u003c/p\u003e\n\u003cp\u003eSome analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eBreaking: Wall Street's Next Big Mover\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003eBenzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. \u003ca href=\"https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36\u0026amp;utm_source=benzinga-insights\"\u003e\u003cstrong\u003eClick here for urgent details\u003c/strong\u003e\u003c/a\u003e.\u003c/p\u003e\n\u003cp\u003eThis article was generated by Benzinga's automated content engine and reviewed by an editor.\u003c/p\u003e","channels":[{"tid":67,"vid":1,"name":"Analyst Ratings"}],"created":"2024-11-22T20:02:46Z","createdAt":"2024-11-22T20:02:46Z","id":42146545,"image":"https://www.benzinga.com/files/images/story/2023/analyst_ratings_image_1.png","isBzPost":true,"isBzProPost":false,"meta":{"SectorV2":{"SIC":[{"IndustryCode":1311,"Industry":"Crude Petroleum \u0026 Natural Gas","IndustryGroup":131,"MajorGroup":13,"Division":""}],"NAICS":[{"NationalIndustryCode":211120,"NationalIndustry":"Crude Petroleum Extraction ","IndustryCode":21112,"Industry":"Crude Petroleum Extraction ","IndustryGroupCode":2111,"IndustryGroup":"Oil and Gas Extraction","SubSectorCode":211,"SubSector":"Oil and Gas Extraction","SectorCode":21,"Sector":"Mining, Quarrying, and Oil and Gas Extraction"}],"Morningstar":[{"IndustryCode":30910020,"Industry":"Oil \u0026 Gas E\u0026P","IndustryGroupCode":30910,"IndustryGroup":"Oil \u0026 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Cryptocurrencies weren\u0026#39;t spared either, but these digital currencies have asserted their utility during this tumultuous time.","body":"","url":"https://www.benzinga.com/analyst-ratings/analyst-color/22/03/26021378/russia-ukraine-crisis-is-demonstrating-the-power-of-cryptos-ark-invest-analyst","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2012/bitcoin_ukaine_jernej_furman.jpg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2012/bitcoin_ukaine_jernej_furman.jpg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2012/bitcoin_ukaine_jernej_furman.jpg"}],"channels":[{"name":"Analyst Color"},{"name":"Cryptocurrency"},{"name":"Markets"},{"name":"Analyst Ratings"}],"stocks":[{"name":"$BTC"},{"name":"$ETH"},{"name":"SQ"}],"tags":[{"name":"ARK Invest"},{"name":"Cathie Wood"},{"name":"Frank 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U.S.","body":"","url":"https://www.benzinga.com/markets/cryptocurrency/22/03/26022227/russia-sanctions-demonstrate-power-of-the-us-dollar-but-how-long-will-it-last","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2012/dollar_tom_bullock.jpg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2012/dollar_tom_bullock.jpg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2012/dollar_tom_bullock.jpg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Commodities"},{"name":"Politics"},{"name":"Forex"},{"name":"Global"},{"name":"Top Stories"},{"name":"Economics"},{"name":"Federal Reserve"},{"name":"Markets"},{"name":"General"}],"stocks":[{"name":"$BTC"},{"name":"GBTC"},{"name":"GLD"},{"name":"UUP"}],"tags":[{"name":"Jerome Powell"},{"name":"Russia"},{"name":"Ukraine"}]},{"id":25785538,"author":"Wayne Duggan","created":"Wed, 23 Feb 2022 15:28:18 -0400","updated":"Wed, 23 Feb 2022 15:28:18 -0400","title":"6 ETFs To Watch As Russia-Ukraine Crisis Heats Up","teaser":"Extreme volatility in the U.S. stock market continued on Wednesday as the S\u0026amp;P 500 gave up early morning gains and dipped back into negative territory once again in mid-day trading.","body":"","url":"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25785538/6-etfs-to-watch-as-russia-ukraine-crisis-heats-up","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2012/ukraine-2856815_1920.jpg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2012/ukraine-2856815_1920.jpg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2012/ukraine-2856815_1920.jpg"}],"channels":[{"name":"Long Ideas"},{"name":"News"},{"name":"Broad U.S. Equity ETFs"},{"name":"Short Ideas"},{"name":"Politics"},{"name":"Global"},{"name":"Top Stories"},{"name":"Trading Ideas"},{"name":"ETFs"},{"name":"General"}],"stocks":[{"name":"ERUS"},{"name":"ONG"},{"name":"RSX"},{"name":"RSXJ"},{"name":"RUSL"},{"name":"VXX"}],"tags":[{"name":"Russia"},{"name":"Ukraine"}]},{"id":25757480,"author":"AJ Fabino","created":"Tue, 22 Feb 2022 14:50:14 -0400","updated":"Tue, 22 Feb 2022 14:50:14 -0400","title":"15 Stocks To Watch During Russia-Ukraine Conflict","teaser":"President Joe Biden is expected to announce a new set of sanctions Tuesday against Russia after President Vladimir Putin ordered troops into two separatist pro-Moscow regions in eastern Ukraine after recognizing their independence on Monday.","body":"","url":"https://www.benzinga.com/government/22/02/25757480/15-stocks-to-watch-during-russia-ukraine-conflict","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2012/city-g2e24729c9_1920.jpg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2012/city-g2e24729c9_1920.jpg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2012/city-g2e24729c9_1920.jpg"}],"channels":[{"name":"Government"},{"name":"Large Cap"},{"name":"Mid Cap"},{"name":"News"},{"name":"Penny Stocks"},{"name":"Politics"},{"name":"Small Cap"},{"name":"Top Stories"},{"name":"Markets"},{"name":"Trading Ideas"},{"name":"General"}],"stocks":[{"name":"BG"},{"name":"CLF"},{"name":"CRWD"},{"name":"CVGW"},{"name":"DE"},{"name":"HII"},{"name":"HIVE"},{"name":"LMT"},{"name":"MARA"},{"name":"NUE"},{"name":"PANW"},{"name":"RIOT"},{"name":"RTX"},{"name":"X"},{"name":"ZS"}],"tags":[{"name":"Joe Biden"},{"name":"Russia"},{"name":"Ukraine"},{"name":"Vladimir Putin"}]},{"id":26090094,"author":"AJ Fabino","created":"Fri, 11 Mar 2022 12:25:27 -0400","updated":"Fri, 11 Mar 2022 12:25:27 -0400","title":"23 Stocks That Have Sold Off Hard Since The Russia-Ukraine War Began","teaser":"The S\u0026amp;P 500 is having a rough start to 2022, down 11.27% year to date. Since Russia invaded Ukraine on Feb. 24, the S\u0026amp;P 500 has fallen an additional 0.78%.\n\nFollowing are lists of sectors via Fidelity that have done well or poorly, as well as 23 of the most sold-off stocks since the war began.\n\nThe worst performing sectors over the last month are:","body":"","url":"https://www.benzinga.com/news/22/03/26090094/23-stocks-that-have-sold-off-hard-since-the-russia-ukraine-war-began","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2012/computer.john-schnobrich-flpc9_vocj4-unsplash_6.jpg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2012/computer.john-schnobrich-flpc9_vocj4-unsplash_6.jpg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2012/computer.john-schnobrich-flpc9_vocj4-unsplash_6.jpg"}],"channels":[{"name":"News"},{"name":"Penny Stocks"},{"name":"Small Cap"},{"name":"Global"},{"name":"Top Stories"},{"name":"Movers"},{"name":"Trading Ideas"}],"stocks":[{"name":"ARNC"},{"name":"BEKE"},{"name":"BHG"},{"name":"BXRX"},{"name":"DNA"},{"name":"EPAM"},{"name":"FSRD"},{"name":"GOCO"},{"name":"GRAB"},{"name":"ICLK"},{"name":"ISPO"},{"name":"MDJH"},{"name":"MSGM"},{"name":"NCNA"},{"name":"OCN"},{"name":"OPEN"},{"name":"PACK"},{"name":"RYB"},{"name":"TSP"},{"name":"VEON"},{"name":"VLDR"},{"name":"VRM"},{"name":"WULF"}],"tags":[{"name":"Russia"},{"name":"Russia-Ukraine"},{"name":"Russia-Ukraine War"},{"name":"Ukraine"}]}]}]},"topStoriesFeed":[{"id":42152840,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 15:45:18 -0400","updated":"Sat, 23 Nov 2024 15:45:19 -0400","title":"Newsom Unveils Economic Blueprint To Ignite Job Growth, Sees 'Expansion Throughout Every Community of California'","teaser":"Gov. Gavin Newsom (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and regional economic growth across the state.","body":"\u003cp\u003eGov. \u003cstrong\u003eGavin Newsom\u003c/strong\u003e (D-Calif.) has unveiled the framework for the California Jobs First Economic Blueprint, a comprehensive strategy aimed at fostering job creation and \u003ca href=\"https://www.benzinga.com/markets/cannabis/24/10/41547103/new-rules-old-challenges-californias-cannabis-industry-grapples-with-regulations\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eregional economic growth across the state\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe blueprint focuses on building a sustainable economy by directing investments into ten key industry sectors, with a focus on innovation, sustainable growth, and access to good-paying jobs, per a \u003ca href=\"https://www.gov.ca.gov/2024/11/21/regional-economic-development-plans/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003erelease\u003c/a\u003e on the Governor\u0026#8217;s official website.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe full plan will be released early next year, alongside $120 million in funding to support job-creating projects over the next three years.\u003c/p\u003e\n\n\n\n\u003cp\u003eSpeaking in Fresno alongside community leaders and business owners from the Central San Joaquin region, Newsom said that this bottom-up approach, developed through extensive community input, would help shape the future of California\u0026#8217;s economy.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals\" rel=\"noreferrer noopener\"\u003eTesla Cybertruck Part Of Donald Trump\u0026#8217;s Motorcade, Will Vehicle Land Government Deals?\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;From agriculture to clean energy to manufacturing and everything in between, these blueprints will foster growth and expansion throughout every community of California,\u0026#8221; Newsom said.\u003c/p\u003e\n\n\n\n\u003cp\u003eMore 10,000 local residents and experts participated in identifying priority sectors that will drive regional economies.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe framework categorizes California\u0026#8217;s economy into four key segments:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eStrengthen (established sectors with leveling growth)\u003c/li\u003e\n\n\n\n\u003cli\u003eAccelerate (growing sectors poised for expansion with strategic investments)\u003c/li\u003e\n\n\n\n\u003cli\u003eBet (emerging sectors with high investment potential), and\u003c/li\u003e\n\n\n\n\u003cli\u003eAnchor (foundational sectors that support broader industry and community activities). \u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eAccording to Newsom, this approach will ensure that both current and future industries provide good, well-paying jobs for Californians, particularly in underserved communities.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs part of the California Jobs First initiative, the blueprint also emphasizes workforce development. Through this effort, California is focusing on ensuring its workforce is well-prepared to meet the specific needs of priority industries.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe state has also invested heavily in training programs, with over $4 billion in state funding directed towards workforce development, apprenticeship, and education initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eNewsom\u0026#8217;s plan builds on previous efforts, such as the Community Economic Resilience Fund (CERF) and the Regional Investment Initiative, which collectively aim to create high-quality, accessible jobs across all 13 of California\u0026#8217;s regions.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/tech/24/11/42152586/judge-rejects-sec-bid-to-penalize-musk-over-missed-deposition\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eJudge Rejects SEC Bid to Penalize Musk Over Missed Deposition\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eImage: Shutterstock\u003c/p\u003e","url":"https://www.benzinga.com/politics/24/11/42152840/newsom-unveils-economic-blueprint-to-ignite-job-growth-sees-expansion-throughout-every-community-of-california","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Gavin-Newsom-California-Flag.jpeg"}],"channels":[{"name":"Politics"}],"stocks":[],"tags":[]},{"id":42151809,"author":"Rounak Jain","created":"Sat, 23 Nov 2024 08:00:44 -0400","updated":"Sat, 23 Nov 2024 08:00:45 -0400","title":"Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin: 'May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now'","teaser":"MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin (CRYPTO: BTC) ","body":"\u003cp\u003e\u003cstrong\u003eMicroStrategy Inc.\u003c/strong\u003e (NASDAQ:\u003ca class=\"ticker\" href=\"https://www.benzinga.com/stock/MSTR#NASDAQ\"\u003eMSTR\u003c/a\u003e) co-founder \u003cstrong\u003eMichael Saylor\u003c/strong\u003e has revealed that the company is minting $500 million a day as \u003cstrong\u003eBitcoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/btc/usd\"\u003eBTC\u003c/a\u003e) \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off\"\u003einches closer to $100,000\u003c/a\u003e for the first time in its history.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic – MicroStrategy's holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn an interview with CNBC, Saylor broke down MicroStrategy's gains, saying, \"We're making $500 million a day. I'm staring at my screen and we're selling dollar bills for $3, sometimes a million times a minute.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eTo put things into perspective, MicroStrategy's stock delivered a whopping 97% gain in the last month, while Bitcoin has gained nearly 47%.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSee Also: \u003ca href=\"https://www.benzinga.com/24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors\"\u003eBitcoin Could Reach $180K In Current Cycle Thanks To Trump Victory, Says VanEck, But Has This Warning For Investors\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eYear-to-date, MicroStrategy's stock has gained over 515% while Bitcoin prices have increased by 122%.\u003c/p\u003e\n\n\n\n\u003cp\u003eNvidia, the AI bellwether and the world's most valuable company by market capitalization, has seen its stock rise by nearly 195% during this period.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"We may very well be the most profitable company in the U.S. growing the fastest right now. There's not many companies making $500 million a day,\" Saylor said.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eJUST IN: Michael Saylor says, \"We are making $500 million a day\" with \u003ca href=\"https://twitter.com/hashtag/Bitcoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Bitcoin\u003c/a\u003e and \"we may very well be the most profitable company in the US growing the fastest right now.\" \u003ca href=\"https://t.co/HeMTnebfXw\"\u003epic.twitter.com/HeMTnebfXw\u003c/a\u003e\u003c/p\u003e\u0026mdash; Simply Bitcoin (@SimplyBitcoinTV) \u003ca href=\"https://twitter.com/SimplyBitcoinTV/status/1859966097782636791?ref_src=twsrc%5Etfw\"\u003eNovember 22, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e The surge in\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42138209/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows\"\u003eMicroStrategy\u0026#8217;s stock\u003c/a\u003e\u0026nbsp;is not just a reflection of Bitcoin\u0026#8217;s rising value but also highlights the company\u0026#8217;s strategic bet on the cryptocurrency.\u003c/p\u003e\n\n\n\n\u003cp\u003eResearch from BitMEX has shown that MicroStrategy is trading at a 256% premium to the net asset value of its Bitcoin holdings, suggesting a significant valuation disparity driven by its aggressive acquisition strategy.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis premium may be influenced by financial regulations that restrict Bitcoin ETF purchases, pushing investors towards MicroStrategy for exposure.\u003c/p\u003e\n\n\n\n\u003cp\u003eFurthermore, Saylor\u0026#8217;s bold prediction that Bitcoin could reach $13 million by 2045 has sparked discussions about the potential economic implications, including\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42116183/michael-saylor-predicted-bitcoin-to-hit-13-million-if-it-happens-it-will-entail-massive-hyperinflation-analyst-warns\"\u003emassive hyperinflation\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis prediction, if realized, would elevate Bitcoin\u0026#8217;s market cap to $250 trillion, dwarfing the current world GDP and global stock markets.\u003c/p\u003e\n\n\n\n\u003cp\u003eAmidst these developments,\u0026nbsp;\u003cstrong\u003eWarren Buffett\u0026#8217;s\u003c/strong\u003e decision to hold $325 billion in cash at\u0026nbsp;\u003ca href=\"https://www.benzinga.com/markets/equities/24/11/42137295/as-mstrs-michael-saylor-says-warren-buffett-is-destroying-berkshire-capital-analyst-suggests-overpricedhot-stock-market-could-be-the-reason-oracle-of-omaha-is-sitting-on-325b-cash\"\u003eBerkshire Hathaway\u003c/a\u003e\u0026nbsp;has drawn criticism from Saylor, who argues that not investing in Bitcoin is a missed opportunity.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e At the time of writing, Bitcoin was trading at $98,556, down 0.04% in the last 24 hours, according to \u003ca href=\"https://pro.benzinga.com/dashboard\"\u003eBenzinga Pro data\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto courtesy: Wikimedia\u003c/em\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/24/11/42151809/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin-may-very-well-be-the-most-profitable-company-in-the-us-growing-the-fastest-right-now","image":[{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/untitled.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/untitled.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Markets"}],"stocks":[{"name":"$BTC"},{"name":"BTC"},{"name":"MSTR"}],"tags":[{"name":"Bitcoin"},{"name":"Michael Saylor"}]},{"assets":[{"type":"image","title":"Bitcoin","alt":"Bitcoin","source":"Bitcoin | Photo by Michael Förtsch on Unsplash","mime":"","primary":true,"attributes":{"fid":"901214","filename":"Bitcoin.jpeg","filepath":"files/images/story/2024/11/23/Bitcoin.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Rounak Jain","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":57,"vid":1,"name":"News"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-23T08:02:09Z","createdAt":"2024-11-23T08:02:09Z","id":42151442,"image":"https://www.benzinga.com/files/images/story/2024/11/23/Bitcoin.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":662034,"post_path":"24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors","post_type":"post"}},"nodeId":42151442,"stocks":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar","primary":true},{"tid":8745,"vid":2,"name":"BTC","description":"Community Bankers Trust","primary":true}],"storyId":"67418bfcb6cb720001aa48d6","tags":[{"tid":908485,"vid":3,"name":"benzinga neuro"},{"tid":41516,"vid":3,"name":"Bitcoin"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":39132,"vid":3,"name":"Van Eck"}],"teaser":"Global investment manager Van Eck has reiterated its ambitious $180,000 price target for Bitcoin (CRYPTO: BTC), projecting this peak","teaserText":"Global investment manager Van Eck has reiterated its ambitious $180,000 price target for Bitcoin (CRYPTO: BTC), projecting this peak","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar","primary":true},{"tid":8745,"vid":2,"name":"BTC","description":"Community Bankers Trust","primary":true}],"title":"Bitcoin Could Reach $180K In Current Cycle Thanks To Trump Victory, Says VanEck, But Has This Warning For Investors","updated":"2024-11-23T08:02:10Z","updatedAt":"2024-11-23T08:02:10Z","url":"https://www.benzinga.com/24/11/42151442/bitcoin-could-reach-180k-in-current-cycle-thanks-to-trump-victory-says-vaneck-but-has-this-warning-for-investors"},{"id":42152805,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 15:30:17 -0400","updated":"Sat, 23 Nov 2024 15:30:18 -0400","title":"Elon Musk Agrees That People Want To See Jeffrey Epstein Files","teaser":"Billionaire Elon Musk on Saturday shared a post on X which said \u0026#34;The people want the Diddy \u0026amp; Epstein Files.\u0026#34; Later he shared his perspective by saying \u0026#34;Yes\u0026#34; on the post.","body":"\u003cp\u003eBillionaire \u003cstrong\u003eElon Musk\u003c/strong\u003e on Saturday shared a post on X which said \u0026#8220;The people want the Diddy \u0026amp; Epstein Files.\u0026#8221; Later he shared his perspective by saying \u0026#8220;Yes\u0026#8221; on the post.\u003c/p\u003e\n\n\n\n\u003cp\u003eLast month, President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e stated that he would be open to releasing additional files concerning convicted sex trafficker \u003cstrong\u003eJeffrey Epstein\u003c/strong\u003e if he were to return to the White House.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"qst\" dir=\"ltr\"\u003eYes. \u003ca href=\"https://t.co/8PEeBHCNod\"\u003ehttps://t.co/8PEeBHCNod\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1860202873218564568?ref_src=twsrc%5Etfw\"\u003eNovember 23, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eThis is not the first time Musk has raised his concern around this issue. Last year Musk raised the question on Twitter, asking why the\u0026nbsp;Department of Justice\u0026nbsp;had not leaked\u0026nbsp;Epstein and \u003cstrong\u003eGhislaine Maxwell\u003c/strong\u003e\u0026#8216;s list of clients and why the media didn\u0026#8217;t seem to care to look into the clients\u0026#8217; identities.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003eOnly thing more remarkable than DOJ not leaking the list is that no one in the media cares. Doesn't that seem odd? \u003ca href=\"https://t.co/JEK4TErABB\"\u003epic.twitter.com/JEK4TErABB\u003c/a\u003e\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\"https://twitter.com/elonmusk/status/1533161114586042369?ref_src=twsrc%5Etfw\"\u003eJune 4, 2022\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eEarlier this year, \u003cstrong\u003eMark Epstein\u003c/strong\u003e, the younger brother of disgraced financier Epstein, has alleged that his brother possessed information that could have influenced elections involving Trump and the Clintons.\u003c/p\u003e\n\n\n\n\u003cp\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/news/24/10/41220104/elon-musk-says-billionaires-supporting-kamala-harris-are-scared-epstein-list-will-be-made-public-if\"\u003eElon Musk Says Billionaires Supporting Kamala Harris Are Scared Epstein List Will Be Made Public If Trump Returns To Power\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eA Manhattan court has released a list of people connected to Jeffrey Epstein, which has raised eyebrows and intensified speculation. Some of the 187 individuals previously only identified as \"J Doe\" in court papers have been identified, but other names reportedly remained sealed, including those of underage victims.\u003c/p\u003e\n\n\n\n\u003cp\u003eMusk's remarks have sparked mixed reactions, with some praising his call for justice and others questioning his involvement in such discussions. Known for engaging with hot-button topics, Musk often uses his platform to address societal and legal issues.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn December 2021, Maxwell was found\u0026nbsp;\u003ca href=\"https://www.dailywire.com/news/ghislaine-maxwell-jeffrey-epsteins-former-girlfriend-found-guilty-in-sex-abuse-trial\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eguilty\u003c/a\u003e\u003ca href=\"https://www.benzinga.com/news/21/12/24823587/epstein-associate-ghislaine-maxwell-found-guilty-of-5-charges-in-sex-trafficking-case\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u0026nbsp;of helping to recruit teenage girls\u003c/a\u003e\u0026nbsp;for\u0026nbsp;Epstein, who\u0026nbsp;died in August 2019.\u003c/p\u003e\n\n\n\n\u003cp\u003eMaxwell, known as\u0026nbsp;\u0026#8220;Inmate 02879-509\u0026#8221; while incarcerated,\u0026nbsp;is currently serving her sentence at the Federal Correctional Institution\u0026nbsp;in Tallahassee, Florida.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003e\u003ca href=\"https://www.benzinga.com/general/entertainment/22/05/27458121/heres-elon-musks-piece-of-advice-for-ex-girlfriend-amber-heard\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eElon Musk Gives This Piece Of Advice To Ex-Girlfriend Amber Heard And Johnny Depp\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/general/social-media/24/11/42152805/elon-musk-agrees-that-people-want-to-see-jeffrey-epstein-files","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Jeffrey-Epstein.png"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Jeffrey-Epstein.png"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Jeffrey-Epstein.png"}],"channels":[{"name":"News"},{"name":"Social Media"},{"name":"Top Stories"}],"stocks":[],"tags":[{"name":"Diddy"},{"name":"Donald Trump"},{"name":"Elon Musk"},{"name":"Ghislaine Maxwell"},{"name":"Jeffrey Epstein"}]},{"id":42152764,"author":"Nabaparna Bhattacharya","created":"Sat, 23 Nov 2024 15:00:25 -0400","updated":"Sat, 23 Nov 2024 15:00:26 -0400","title":"Trump Taps Teamsters-Backed Chavez-DeRemer For Labor","teaser":"Rep. Lori Chavez-DeRemer (R-Ore.) has been selected by President-elect Trump to lead the Labor Department in his new term.","body":"\u003cp\u003eRep. \u003cstrong\u003eLori Chavez-DeRemer\u003c/strong\u003e (R-Ore.), a moderate who lost her House seat this month, has been \u003ca href=\"https://www.benzinga.com/topic/donald-trump\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eselected by President-elect \u003cstrong\u003eDonald Trump\u003c/strong\u003e\u003c/a\u003e to lead the Labor Department in his new term.\u003c/p\u003e\n\n\n\n\u003cp\u003eTrump praised Chavez-DeRemer, who first won her seat with just 51% of the vote in 2022 and lost it by a two-point margin this year, for her work with both business and labor groups to support American workers, The New York Times \u003ca href=\"https://www.nytimes.com/2024/11/22/business/economy/labor-secretary-lori-chavez-deremer-trump.html\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereports\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eFollowing Trump\u0026#8217;s announcement, National Education Association President \u003cstrong\u003eBecky Pringle \u003c/strong\u003eacknowledged Chavez-DeRemer\u0026#8217;s legislative record in the House, per a \u003ca href=\"https://apnews.com/article/trump-cabinet-labor-secretary-lori-chavezderemer-feaa4672efac644aa60722d3a3215df1\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ereport\u003c/a\u003e from AP News.\u003c/p\u003e\n\n\n\n\u003cp\u003eHowever, Pringle indicated that educators and working families would closely monitor the confirmation process and hoped Chavez-DeRemer would commit to supporting workers and students.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eAlso Read: \u003ca target=\"_blank\" href=\"https://www.benzinga.com/24/11/42151529/chamath-palihapitiyas-suggestion-for-donald-trump-make-paying-taxes-simple-and-enforcement\" rel=\"noreferrer noopener\"\u003eChamath Palihapitiya\u0026#8217;s Suggestion For Donald Trump: \u0026#8216;Make Paying Taxes Simple And Enforcement…\u0026#8217;\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThough not a major figure in labor politics, Chavez-DeRemer garnered significant union support during her campaign. She shared endorsements with her Democratic opponent, \u003cstrong\u003eJanelle Bynum\u003c/strong\u003e, earning the backing of groups like the \u003cstrong\u003eTeamsters\u003c/strong\u003e, firefighters, and ironworkers.\u003c/p\u003e\n\n\n\n\u003cp\u003eHouse Speaker \u003cstrong\u003eMike Johnson\u003c/strong\u003e, who spoke at one of Chavez-DeRemer\u0026#8217;s rallies, remarked that she received more union endorsements than any Republican he had ever seen, The New York Times added.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhile labor leaders criticized Trump\u0026#8217;s labor policies during his first term, Chavez-DeRemer\u0026#8217;s selection was praised by some in the labor movement. \u003cstrong\u003eSean O\u0026#8217;Brien\u003c/strong\u003e, president of the Teamsters, who had been in contact with Trump throughout the campaign, called her appointment a step toward creating more union jobs. Chavez-DeRemer, whose father was a Teamster, has emphasized her work on the fentanyl crisis and law enforcement during her campaign.\u003c/p\u003e\n\n\n\n\u003cp\u003eAs labor secretary, Chavez-DeRemer will face the challenge of possibly reversing Biden-era policies, which focused on expanding worker protections, including new overtime eligibility and protections for gig workers.\u003c/p\u003e\n\n\n\n\u003cp\u003eUnder Trump, it\u0026#8217;s expected that many of these measures could be rolled back, alongside stricter enforcement of child labor laws and worker classification regulations, per The New York Times.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Labor Department\u0026#8217;s approach to immigrant workers and workplace safety could also shift, reflecting the broader policy changes anticipated under a second Trump term.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131911/donald-trump-appointed-doge-to-have-marginal-impact-saving-50-100-billion-says-analyst-as-elon-musk-aims-to-target-500-billion-plus-in-federal-expenditures?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDonald Trump's DOGE Initiative To Have ‘Marginal Impact' Says Analyst As Elon Musk Aims To Target Over $500B In Federal Expenditures\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eImage: Wikimedia Commons\u003c/p\u003e","url":"https://www.benzinga.com/markets/24/11/42152764/trump-taps-teamsters-backed-chavez-deremer-for-labor","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Rep--Lori-Chavez-DeRemer-official-photo-.jpeg"}],"channels":[{"name":"News"},{"name":"Politics"},{"name":"Markets"},{"name":"Media"},{"name":"General"}],"stocks":[],"tags":[{"name":"2024 election"},{"name":"AI Generated"},{"name":"Donald Trump"},{"name":"labor"},{"name":"Labor Secretary"},{"name":"Lori Chavez-DeRemer"},{"name":"Teamsters"}]},{"id":42152520,"author":"Bibhu Pattnaik","created":"Sat, 23 Nov 2024 12:30:27 -0400","updated":"Sat, 23 Nov 2024 12:30:28 -0400","title":"Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation","teaser":"Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.","body":"\u003cp\u003eLarge holders of \u003cstrong\u003eDogecoin\u003c/strong\u003e (CRYPTO: \u003ca class=\"ticker\" href=\"https://www.benzinga.com/quote/doge/usd\"\u003eDOGE\u003c/a\u003e) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin's biggest investors. \u003c/p\u003e\n\n\n\n\u003cp\u003eBlockchain experts note that such whale movements often signal potential market shifts, as these transactions can precede either price rallies or sell-offs. \u003c/p\u003e\n\n\n\n\u003cp\u003eThe transfers occurred amid a period of relative stability for Dogecoin, trading near $0.056 at the time of the transactions.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/Dogecoin?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#Dogecoin\u003c/a\u003e whales have bought more than 550 million \u003ca href=\"https://twitter.com/search?q=%24DOGE\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$DOGE\u003c/a\u003e over the past week, worth around $214.5 million! \u003ca href=\"https://t.co/0eHqQGL3LO\"\u003epic.twitter.com/0eHqQGL3LO\u003c/a\u003e\u003c/p\u003e\u0026mdash; Ali (@ali_charts) \u003ca href=\"https://twitter.com/ali_charts/status/1859560640869806344?ref_src=twsrc%5Etfw\"\u003eNovember 21, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e\n\u003c/div\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eAlso Read: \u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/08/40429878/dogecoins-active-users-on-the-rise-will-this-impact-doge-price\"\u003eDogecoin\u0026#8217;s Active Users On The Rise, Will This Impact DOGE Price?\u003c/a\u003e\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It Matters:\u003c/strong\u003e Historically, Dogecoin's price has been highly susceptible to whale activity, prompting heightened attention from the crypto community.\u003c/p\u003e\n\n\n\n\u003cp\u003eDogecoin, created in 2013 as a joke, has gained significant traction thanks to endorsements from figures like \u003cstrong\u003eElon Musk\u003c/strong\u003e. Despite its origins, the cryptocurrency now ranks among the top digital assets by market capitalization.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe meme coin remains a popular choice for retail investors, although its price volatility has led to mixed opinions among analysts. This latest whale activity underscores the ongoing interest in Dogecoin among major holders, hinting at potential shifts in market sentiment.\u003c/p\u003e\n\n\n\n\u003cp\u003eRead Next\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003ca href=\"https://www.benzinga.com/markets/cryptocurrency/24/07/39871566/massive-dogecoin-moves-worth-50-million-each-spotted-on-robinhood\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMassive Dogecoin Moves Worth $50 Million Each Spotted On Robinhood\u003c/a\u003e\u003c/p\u003e ","url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42152520/dogecoin-whales-move-214-5m-in-a-single-day-sparking-speculation","image":[{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"},{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/Elon-Musk-rilancia-Dogecoin-la-meme-coin.jpeg"}],"channels":[{"name":"Cryptocurrency"},{"name":"News"},{"name":"Top Stories"},{"name":"Markets"}],"stocks":[{"name":"$DOGE"}],"tags":[{"name":"Doge tokens"},{"name":"dogecoin"},{"name":"whale"}]},{"assets":[{"type":"image","title":"Wall Street, New York","alt":"Wall Street, New York.","source":"Wall Street. Photo via Shutterstock. ","mime":"","primary":true,"attributes":{"fid":"901195","filename":"Wall-Street--New-York.jpeg","filepath":"files/images/story/2024/11/22/Wall-Street--New-York.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Piero Cingari","channels":[{"tid":135733,"vid":1,"name":"Cryptocurrency","description":"Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies."},{"tid":26029,"vid":1,"name":"Government"},{"tid":831976,"vid":1,"name":"Large Cap","description":"Large Cap"},{"tid":3,"vid":1,"name":"Forex"},{"tid":17027,"vid":1,"name":"Global"},{"tid":138079,"vid":1,"name":"Top Stories"},{"tid":17375,"vid":1,"name":"Economics"},{"tid":6,"vid":1,"name":"Tech"}],"created":"2024-11-22T21:34:36Z","createdAt":"2024-11-22T21:34:36Z","id":42148498,"image":"https://www.benzinga.com/files/images/story/2024/11/22/Wall-Street--New-York.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{"SIC":[{"IndustryCode":3711,"Industry":"Motor Vehicles \u0026 Passenger Car Bodies","IndustryGroup":371,"MajorGroup":37,"Division":""},{"IndustryCode":7375,"Industry":"Information Retrieval Services","IndustryGroup":737,"MajorGroup":73,"Division":""},{"IndustryCode":3674,"Industry":"Semiconductors \u0026 Related Devices","IndustryGroup":367,"MajorGroup":36,"Division":""}],"NAICS":[{"NationalIndustryCode":336211,"NationalIndustry":"Motor Vehicle Body Manufacturing ","IndustryCode":33621,"Industry":"Motor Vehicle Body and Trailer Manufacturing","IndustryGroupCode":3362,"IndustryGroup":"Motor Vehicle Body and Trailer Manufacturing","SubSectorCode":336,"SubSector":"Transportation Equipment Manufacturing","SectorCode":33,"Sector":"Manufacturing"},{"NationalIndustryCode":519130,"NationalIndustry":"Internet Publishing and Broadcasting and Web Search Portals","IndustryCode":51913,"Industry":"Internet Publishing and Broadcasting and Web Search Portals","IndustryGroupCode":5191,"IndustryGroup":"Other Information Services","SubSectorCode":519,"SubSector":"Other Information Services","SectorCode":51,"Sector":"Information"},{"NationalIndustryCode":334413,"NationalIndustry":"Semiconductor and Related Device Manufacturing ","IndustryCode":33441,"Industry":"Semiconductor and Other Electronic Component Manufacturing","IndustryGroupCode":3344,"IndustryGroup":"Semiconductor and Other Electronic Component Manufacturing","SubSectorCode":334,"SubSector":"Computer and Electronic Product Manufacturing","SectorCode":33,"Sector":"Manufacturing"}],"Morningstar":[{"IndustryCode":10200020,"Industry":"Auto Manufacturers","IndustryGroupCode":10200,"IndustryGroup":"Vehicles \u0026 Parts","SectorCode":102,"Sector":"Consumer Cyclical","SuperSectorCode":1,"SuperSector":"Cyclical"},{"IndustryCode":30830010,"Industry":"Internet Content \u0026 Information","IndustryGroupCode":30830,"IndustryGroup":"Interactive Media","SectorCode":308,"Sector":"Communication Services","SuperSectorCode":3,"SuperSector":"Sensitive"},{"IndustryCode":31130020,"Industry":"Semiconductors","IndustryGroupCode":31130,"IndustryGroup":"Semiconductors","SectorCode":311,"Sector":"Technology","SuperSectorCode":3,"SuperSector":"Sensitive"}]},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":true,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":true,"SendToMSN":true},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"campaign_strategy":"Default","post_id":661683,"post_path":"news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets","post_type":"post"}},"nodeId":42148498,"stocks":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":14762,"vid":2,"name":"GM","description":"General Motors Company"},{"tid":11589,"vid":2,"name":"GOOG","description":"Google"},{"tid":121080,"vid":2,"name":"GOOGL"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"}],"storyId":"6740f8e7b6cb720001aa3c82","tags":[{"tid":801154,"vid":3,"name":"Consumer Tech"},{"tid":37576,"vid":3,"name":"DOJ"},{"tid":18656,"vid":3,"name":"Donald Trump"},{"tid":30461,"vid":3,"name":"Elon Musk"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":17391,"vid":3,"name":"Google"},{"tid":913345,"vid":3,"name":"Stories That Matter"},{"tid":941500,"vid":3,"name":"week in markets"}],"teaser":"Despite widespread anticipation that NVIDIA Corp. (NASDAQ:NVDA)\u0026#39;s quarterly results would dictate Wall Street\u0026#39;s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling.","teaserText":"Despite widespread anticipation that NVIDIA Corp. (NASDAQ:NVDA)\u0026#39;s quarterly results would dictate Wall Street\u0026#39;s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling.","tickers":[{"tid":764552,"vid":2,"name":"$BTC","description":"Bitcoin - United States Dollar"},{"tid":14762,"vid":2,"name":"GM","description":"General Motors Company"},{"tid":11589,"vid":2,"name":"GOOG","description":"Google"},{"tid":121080,"vid":2,"name":"GOOGL"},{"tid":12353,"vid":2,"name":"NVDA","description":"Nvidia"}],"title":"Wall Street Rebounds Without Its AI Darling\u0026#39;s Boost, King Dollar Maintains Dominance While Bitcoin Defies Gravity: This Week In The Markets","updated":"2024-11-22T21:34:37Z","updatedAt":"2024-11-22T21:34:37Z","url":"https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets"},{"id":42144671,"author":"Jeannine Mancini","created":"Fri, 22 Nov 2024 14:15:00 -0400","updated":"Sat, 23 Nov 2024 14:34:54 -0400","title":"Warren Buffett Thinks Bill Gates Is 'Smart As Hell' – But Says His Ex-Wife Melinda Is Smarter 'In Terms Of Seeing The Whole Picture'","teaser":" ","body":"\u003cp\u003eIt was big news earlier this year when Warren Buffett revealed he's no longer planning to leave his vast fortune to the Gates Foundation after his death. Instead, his billions will go to a trust \u003ca href=\"https://www.benzinga.com/startups/24/11/41866296/with-warren-buffett-donating-99-of-his-fortune-whats-left-for-his-three-children-well-its-complicated\"\u003emanaged by his three children\u003c/a\u003e. For a man who once described \u003ca href=\"https://www.benzinga.com/personal-finance/24/11/41882910/bill-gates-shares-the-best-investment-for-getting-rich-if-youre-earning-100000-or-less-but-wall-street-might-not-agree\"\u003eBill and Melinda Gates\u003c/a\u003e as \"the perfect solution\" for dispersing his wealth, this marked a seismic shift in philanthropy.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDon't Miss:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCan you guess how many Americans successfully retire with $1,000,000 saved?\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/1milsaved\"\u003e\u003cstrong\u003e The percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/cd-valet-growth\"\u003e\u003cstrong\u003eCD Popularity Soars: Over 50 Million Americans Embrace Safe Savings with 5–10% Annual Growth\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eDeloitte's fastest-growing software company partners with Amazon, Walmart \u0026amp; Target – \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/mode-mobile-2\"\u003e\u003cstrong\u003eLast Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\u003c/strong\u003e\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eIn a 2008 Fortune profile, Buffett was clear in his admiration for Melinda, saying, \"He's [Bill] smart as hell. But in terms of seeing the whole picture, she's smarter.\" He also referred to her as a \"longtime friend.\" Buffett continued praising Melinda, saying, \"I very much admire what she is doing for women around here and around the world.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eOnly weeks after the Gateses announced their divorce, Buffett resigned as a trustee of the foundation. As reported by The New York Times in a 2021 article, Buffett released a statement saying: \"For years I have been a trustee – an inactive trustee at that – of only one recipient of my funds, the Bill and Melinda Gates Foundation. I am now resigning from that post, just as I have done at all corporate boards other than Berkshire's.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eWarren Buffett may think Bill Gates is \"smart as hell,\" but even he admitted in his Fortune profile, \"Would I have given the Gates Foundation my fortune if Melinda weren't in the picture? That's a great question. And the answer is, I'm not sure.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eSee Also: \u003c/em\u003e\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/advisor-adv-warren-buffett\"\u003e\u003cstrong\u003e\u003cem\u003eWarren Buffett Flipped His Neighbor's $67,000 Life Savings Into A $50 Million Fortune — This Would Be Worth Over $500 Million Today\u003c/em\u003e\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Buffett connection looms large in the October 2024 Vanity Fair interview, where Melinda discusses her life after divorce, the challenges of being a woman in philanthropy and her legacy. In classic Melinda style, she doesn't shy away from tough truths. She noted her decades of joint philanthropic work with Bill: \"If I went into a president or prime minister's office and I was with my ex-husband, they would turn to him first. Unless I interrupted the conversation, they could have kept going for the whole meeting.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eThis wasn't just frustrating – it was telling. \"Why would they assume I knew less than him about philanthropy when we had been doing it together for almost 25 years?\" she asked. \"That, really, was sexism.\"\u003c/p\u003e\n\n\n\n\u003cp\u003eHer willingness to call out these dynamics – and challenge them – is part of what makes her so effective. Melinda's journey from Microsoft marketing manager to one of the most powerful women in philanthropy hasn't been without its share of roadblocks. As she told Vanity Fair, during the early years of the foundation, she didn't understand the major role that gender played. She added, \"But things just kept coming up for women – contraceptives or their health or what they wanted – that it started to make me realize we were making a mistake.\"\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTrending: Studies show 50% of consumers think Financial Advisors cost much more than they do —\u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/money-pickle\"\u003e\u003cstrong\u003e \u003c/strong\u003e\u003cstrong\u003eto debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eIt's this insight that shaped the Gates Foundation's focus on global health and education, with a specific lens on empowering women and girls. From ensuring access to contraceptives to fighting preventable diseases, Melinda's fingerprints are all over the foundation's most impactful initiatives.\u003c/p\u003e\n\n\n\n\u003cp\u003eBut what happens when Buffett's billions are no longer \u003ca href=\"https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe\"\u003eflowing to the foundation\u003c/a\u003e? That's a question no one seems to have a clear answer for yet. Melinda, for her part, seems more than ready to \u003ca href=\"https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved\"\u003eembrace the challenge\u003c/a\u003e as she continues to carve out her own space in the philanthropic world.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://www.benzinga.com/money/are-you-rich\"\u003e\u003cstrong\u003eAre you rich?\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e Here\u0026#8217;s what Americans think you need to be considered wealthy.\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCan you guess how many retire with a $5,000,000 nest egg? \u003c/strong\u003e\u003ca href=\"https://www.benzinga.com/money/5mil-nest-egg-adv\"\u003e\u003cstrong\u003eThe percentage may shock you\u003c/strong\u003e\u003c/a\u003e\u003cstrong\u003e.\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eImage via Wikimedia Commons/ Flickr\u003c/em\u003e\u003c/p\u003e","url":"https://www.benzinga.com/news/24/11/42144671/warren-buffett-thinks-bill-gates-is-smart-as-hell-but-says-his-ex-wife-melinda-is-smarter-in-terms-of-seeing-the-whole-picture","image":[{"size":"large","url":"https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"},{"size":"thumb","url":"https://cdn.benzinga.com/files/imagecache/250x187xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"},{"size":"small","url":"https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2024/11/23/10-Ways-The-30-Year-Friendship-Between-B.jpeg"}],"channels":[{"name":"News"}],"stocks":[],"tags":[{"name":"Bill Gates"},{"name":"news access"},{"name":"Personal Finance Access"},{"name":"Warren Buffett"}]}],"url":"https://next.benzinga.com","activeTab":"trending","metaProps":{"canonical":"https://www.benzinga.com/","description":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals.","image":null,"pageType":"front","title":"Actionable Trading Ideas, Real-Time News, Financial Insight","dateCreated":"Sat, 23 Nov 2024 16:00:27 -0400","dateUpdated":"Sat, 23 Nov 2024 16:00:28 -0400"},"pageTargeting":{"BZ_PTYPE":"front"}},"__N_SSP":true},"page":"/","query":{},"buildId":"WM8kbeRE-wCNojMmjQ6we","isFallback":false,"isExperimentalCompile":false,"gssp":true,"scriptLoader":[]}</script></body></html>