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Docebo

Docebo Inc is a provider of cloud-based learning management systems.. The solutions provided by the company are sold on a subscription model and subscriptions are typically structured with an initial fixed term of between one and three years, without the ability for customers to terminate for convenience. The company charges its customers based on a per-learner, per-module basis, varying depending on the size of the organization and complexity. The majority of the revenue is derived from customers based in North America.

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Economics

Reported Earlier, China Trade Balance (USD) For December 104.84B Vs. 100.00B Est.; 97.44B Prior

Reported Earlier, China Imports (YoY) For December 1.0% Vs. -1.5% Est.; -3.9% Prior

Reported Earlier, China Exports (YoY) For December 10.7% Vs. 7.3% Est.; 6.7% Prior

The cryptocurrency market witnessed significant downsides last week, although some coins exhibited resilience with meaningful gains.
What happened: BGB, the utility token for the centralized exchange Bitget, emerged as the best performer, rallying more than 11% over the week.
The Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) based coin has more than doubled in value during the last month, reaching an all-time high of $8.45 in the final week of 2024.
XDC, belonging to the XDC Network, was the second-highest gainer, lifting 5.42% over the week.&nbsp;
The XDC Network is a Layer-1 blockchain that aids in the tokenization of real-world assets.&nbsp;
Payments-focused cryptocurrency XRP rose 4.54%, becoming the most successful large-cap cryptocurrency in the last week.
Part of the excitement stemmed from Ripple Labs President Monica Long&#8217;s statement that an <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42878368/xrp-etf-very-soon-likely-next-after-bitcoin-and-ethereum-ripple-president-says">XRP exchange-traded fund</a> would be approved &#8220;very soon.&#8221;
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>7-Day Gains +/-</td>
<td>Price</td>
</tr>
<tr>
<td>Bitget Token (CRYPTO: BGB)</td>
<td>+11.83%</td>
<td>$6.80</td>
</tr>
<tr>
<td>XDC Network (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">XDC</a>)</td>
<td>+5.42%</td>
<td>$0.101</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td>+4.54%</td>
<td>$2.53</td>
</tr>
</tbody>
</table>
</figure>
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42936962/shytoshi-kusama-outlines-treat-tokens-usefulness-ahead-of-launch-optimistic-whales-buy-up-shiba-inu">Shytoshi Kusama Outlines TREAT Token&#8217;s Usefulness Ahead Of Launch, Optimistic Whales Buy Up Shiba Inu</a>
Blue-chip currencies like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) <a href="https://www.benzinga.com/25/01/42936775/bitcoin-ethereum-dogecoin-rise-as-greed-sentiment-takes-over-top-analyst-says-breaking-this-resistance-level-could-be-pivotal-for-btc">had a rough week</a>, losing 4.88% and 11.63%, respectively.
Popular meme-based cryptocurrencies like Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) also entailed heavy losses, sinking 14% and 11.65%, respectively.
The global cryptocurrency market capitalization contracted 6.7% to $3.29 trillion from $3.52 trillion the week before.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42935597/mark-cuban-advocates-bitcoin-over-gold-during-economic-turmoil-i-think-it-has-more-value-than-gold">Mark Cuban Advocates Bitcoin Over Gold During Economic Turmoil: &#8216;I Think It Has More Value Than Gold&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$BTC

$DOGE

$ETH

$SHIB

$XDC

$XRP

Bitcoin, Ethereum Lost Way But XRP Made Promising Headway — Here Are The Best Performers From Last Week

An investor dumped Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) tokens at a loss on Sunday as the second-largest cryptocurrency capped off the week with double-digit negative returns.
What happened: A prominent whale, which controlled three wallets, swapped 10,070 Ether for 33 million in stablecoin Dai (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/dai/usd">DAI</a>), losing a million in the sale, according to Lookonchain.
The investor withdrew 24,029 Ether for a little over $81 million from cryptocurrency exchange Binance three weeks ago. After the latest sale, the investor was left with a bag of 13,959 ETH, worth $45.48 million.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Whales are dumping <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> at a loss! 9 hours ago, 3 wallets(likely belonging to the same whale) sold 10,070 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> for 33M <a href="https://twitter.com/search?q=%24DAI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DAI</a> at $3,280, losing $1M. This whale withdrew 24,029 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($81.3m) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> via 10 new wallets 3 weeks ago and currently holds 13,959 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($45.48M).… <a href="https://t.co/5lqFegRu3i">pic.twitter.com/5lqFegRu3i</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1878626686293643481?ref_src=twsrc%5Etfw">January 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
However, the bearish sentiment wasn&#8217;t limited to any single entity. According to blockchain analytics firm IntoTheBlock, net inflows to exchanges <a href="https://app.intotheblock.com/">spiked</a> 791% to $338 million in the last 24 hours, suggesting that more ETH was entering than leaving exchanges, presumably to be sold off. 
Large transactions, valued at $100,000, also jumped by over 70%, implying greater engagement by whales.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42890745/us-government-granted-permission-to-liquidate-65-billion-in-bitcoin-seized-from-silk-road-case-report">US Government Silk Road Bitcoin Holdings Drop To 0 Amid Report DOJ Approved To Sell $6.5 Billion Worth Of Crypto</a>
Why It Matters: The second-largest cryptocurrency was in the middle of a corrective phase that has eroded over 11% of its value in a week.
The coin&#8217;s momentum indicators painted a bearish picture. The Moving Average Convergence Divergence indicator, which compares a stock's short-term price to its long-term price, flashed a ‘Sell&#8217; signal, <a href="https://in.tradingview.com/symbols/ETHUSD/technicals/">according </a>to TradingView. The Relative Strength Index, used to measure if the asset is overbought or oversold, was in the &#8220;Neutral&#8221; zone. 
However, derivatives traders were confident of a recovery. More than 82% of all traders on Binance with an active contract were long on Ethereum, according to the Long/Short Ratio.
Price Action: At the time of writing, Ethereum was exchanging hands at $3,250.93, down 0.92% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin was down 2.86%, compared to a 46% upside in 2024.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/01/42890191/trump-themed-nfts-launch-on-bitcoin-network-for-first-timeheres-what-you-should-know">Trump-Themed NFTs Debut On Bitcoin Network — One Card Gets Listed At $1.9 Million</a></li>
</ul>
Photo courtesy: Shutterstock

$DAI

$SOL

Ethereum Whale Offloads $33 Million In ETH At A Loss As Crypto Sinks 11% In A Week — This Is What Indicators Suggest

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg criticized Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) for its lack of innovation and restrictive policies during a recent Joe Rogan podcast appearance on Saturday, escalating a long-standing rivalry between <a href="https://www.benzinga.com/25/01/42931722/steve-jobs-invented-the-iphone-and-now-theyre-justsitting-on-it-mark-zuckerberg-hints-at-apples-potential-downfall-amid-iphone-makers-random-rules">Silicon Valley&#8217;s tech giants</a>.
What Happened: &#8220;Steve Jobs invented the iPhone and now they&#8217;re just kind of sitting on it 20 years later,&#8221; Zuckerberg said, suggesting Apple hasn&#8217;t &#8220;really invented anything great in a while.&#8221; He also claimed Meta&#8217;s profits could double without Apple&#8217;s &#8220;random rules&#8221; and 30% App Store commission.
The criticism comes as Apple faces mounting regulatory pressure over its App Store policies. The U.S. Department of Justice is pursuing antitrust action against the iPhone maker, while European Union regulations are forcing <a href="https://www.benzinga.com/tech/24/11/42086154/apple-to-argue-for-dismissal-of-doj-antitrust-case-over-alleged-us-smartphone-market-domination">changes to its closed ecosystem</a>.
This latest clash follows years of tension between the two companies, dating back to 2014 when Apple CEO Tim Cook first criticized Facebook&#8217;s data collection practices. The relationship deteriorated further after the 2018 Cambridge Analytica scandal when Cook publicly stated on MSNBC that he &#8220;wouldn&#8217;t be in this situation&#8221; regarding Facebook&#8217;s privacy issues.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42936887/trumps-treasury-pick-scott-bessent-reveals-up-to-500000-bitcoin-stake-via-blackrocks-etf">Trump&#8217;s Treasury Pick Scott Bessent Reveals Up To $500,000 Bitcoin Stake, $521M In Assets</a>
Why It Matters: The conflict intensified in 2021 when Apple introduced privacy features requiring apps to get user permission for tracking, significantly impacting Meta&#8217;s advertising revenue. Zuckerberg reportedly told executives that Facebook needed to &#8220;inflict pain&#8221; on Apple in response, according <a href="https://www.nytimes.com/2021/04/26/technology/mark-zuckerberg-tim-cook-facebook-apple.html">to</a> the New York Times.
More recently, Zuckerberg <a href="https://www.benzinga.com/news/24/04/38424000/mark-zuckerberg-shades-apple-vision-pro-once-again-calls-it-fashionable-ai-glasses-without-a-display">questioned the market viability</a> of Apple&#8217;s Vision Pro headset during Meta&#8217;s first-quarter 2023 earnings call, suggesting consumers would prefer &#8220;fashionable AI glasses without a display.&#8221;
For investors, this ongoing rivalry highlights fundamental differences in business models: Meta&#8217;s advertising-dependent, data-driven approach versus Apple&#8217;s hardware-focused, privacy-centric strategy. While Meta&#8217;s stock surged on Thursday, reaching $615.01, Apple shares have declined 2.34% to $237.02, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/01/42936751/mark-zuckerberg-backs-nvidia-ceo-jensen-huangs-view-on-quantum-computing-its-still-quite-a-ways-off">Mark Zuckerberg Backs Nvidia CEO Jensen Huang&#8217;s View On Quantum Computing: &#8216;It&#8217;s Still Quite A Ways Off&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Wikimedia

Equities

Tech

AAPL

Mark Zuckerberg Criticizes Apple For Stagnation, Highlighting Years-Long Rivalry With Tim Cook: Here's The Backstory

Shytoshi Kusama, the mysterious personality associated with the Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) ecosystem, explained the utility and significance of the soon-to-be-launched TREAT token.
What happened: In a Saturday blog post, Kusama said TREAT stands for &#8220;Transactional Rewards for Engagement &amp; Access Token,&#8221; placing it at the center of the so-called technology stack, the 36 Chambers of Tech.
&#8220;It's truly a game changer when you combine it with the access it provides our Shibizens,&#8221; Kusama said, underscoring TREAT&#8217;s significance as a governance, reward, and utility token.
The 36 Chambers of Tech <a href="https://www.benzinga.com/24/12/42679813/shytoshi-kusama-celebrates-as-shibainus-virtual-world-shib-the-metaverse-goes-live-on-christmas">are pieces of technology</a> that the ecosystem developed during the cryptocurrency bear market, including decentralized exchange&nbsp;ShibaSwap,&nbsp;Layer-2 chain Shibarium, and the virtual space,&nbsp;Shib: The Metaverse.
Kusama added that many of these technologies will extensively use TREAT to power their operations.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42890745/us-government-granted-permission-to-liquidate-65-billion-in-bitcoin-seized-from-silk-road-case-report">US Government Silk Road Bitcoin Holdings Drop To 0 Amid Report DOJ Approved To Sell $6.5 Billion Worth Of Crypto</a>
TREAT is the latest addition to the Shiba Inu&#8217;s token arsenal, one that already includes SHIB, the pre-eminent meme coin,&nbsp;Doge Killer&nbsp;(LEASH),&nbsp;Bone ShibaSwap (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONE</a>). 
The Shiba Inu team has announced a TREAT airdrop, outlining steps to claim the tokens ahead of the formal launch on Jan. 14.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">How to Claim Your <a href="https://twitter.com/search?q=%24TREAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TREAT</a> Tokens 1.Create an Account: Sign up on one of the approved exchanges: BitGet, KuCoin, or <a href="https://t.co/psZPw60hxx">https://t.co/psZPw60hxx</a>. 2.Submit Your Details: Visit the official Shib page at <a href="https://t.co/KBMdomim9y">https://t.co/KBMdomim9y</a>, then provide your user ID and deposit address. 3.Get…
&mdash; 
</blockquote></div></figure>

$BONE

Shytoshi Kusama Outlines TREAT Token's Usefulness Ahead Of Launch, Optimistic Whales Buy Up Shiba Inu

Scott Bessent, President-elect Donald Trump&#8216;s nominee for Treasury Secretary, has disclosed owning between $250,001 and $500,000 in the iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>), according to financial documents released Saturday by the U.S. Office of Government Ethics.
What Happened: The disclosure comes as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) trades near $94,227, following a pullback from its December peak of $108,135. BTC has drawn increased attention amid expectations of crypto-friendly policies under the incoming Trump administration.
Bessent, founder of Key Square Capital Management, reported total assets worth at least $521 million, though the actual value could be substantially higher due to broad reporting ranges. His largest holdings include positions exceeding $50 million each in major ETFs like the SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp; and Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
The hedge fund veteran maintains significant currency positions, with over $50 million each in dollar trades against the euro, Chinese yuan, and Japanese yen. He also holds more than $50 million in U.S. Treasury bills, highlighting substantial exposure to government securities.
See Also: <a href="https://www.benzinga.com/personal-finance/25/01/42932900/elon-musks-ex-wife-and-mother-to-his-5-kids-says-his-secret-to-extreme-success-is-working-harder-than-average-bear-and-saying-no-a-lot">Elon Musk&#8217;s Ex-Wife And Mother To His 5 Kids Says His Secret To Extreme Success Is Working Harder Than &#8216;Average Bear&#8217; And Saying &#8216;No&#8217; A Lot</a>
Why It Matters: To address potential conflicts of interest, Bessent pledged to resign from Key Square and divest his partnership stake if confirmed by the Senate, according to Reuters. 
The nomination comes as Trump has signaled plans for a national cryptocurrency strategy, including a potential executive order to create a strategic Bitcoin reserve. However, the Federal Reserve recently stated it lacks the authority to acquire Bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42908193/exclusive-answering-key-questions-about-bitcoins-future-before-inauguration">without legislative changes</a>.
Bessent&#8217;s portfolio also includes luxury real estate, with properties in the Bahamas and Cashiers, N.C., each valued between $5 million and $25 million, as well as art and antiques worth $1 million to $5 million.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42936775/bitcoin-ethereum-dogecoin-rise-as-greed-sentiment-takes-over-top-analyst-says-breaking-this-resistance-level-could-be-pivotal-for-btc">Bitcoin, Ethereum, Dogecoin Rise As &#8216;Greed&#8217; Sentiment Takes Over: Top Analyst Says Breaking This Resistance Level Could Be &#8216;Pivotal&#8217; For BTC</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

IBIT

Trump's Treasury Pick Scott Bessent Reveals Up To $500,000 Bitcoin Stake, $521M In Assets

Leading cryptocurrencies gained on Sunday as investors set aside concerns that monetary easing policies will be impacted due to the blowout jobs report.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.35%</td>
<td>$95,764.13</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.49%</td>
<td>$3,331.29</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.66%</td>
<td>$0.3449</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin surged to $95,740 during the evening, capping off a choppy day for the world's leading cryptocurrency. The asset fluctuated between $94,000 and $95,000 for much of the weekend before breaking out to the upside. 
Corrective price action has been in place since Bitcoin's rally to $102,000 last week.
Ethereum followed a similar trajectory, plunging from the highs of $3,700 to $3,00 over the week.
About $149.81 million were liquidated in the last 24 hours, with upside bets accounting for $100 million.&nbsp;
A further drop to $90,000 will liquidate $417 million of long positions.
However, the market seemed hopeful about a comeback, with 61% of Binance traders betting on Bitcoin&#8217;s gain based on the Long/Short ratio.
The market sentiment advanced from "Neutral" to "Greed," according to the Crypto Fear &amp; Greed Index, indicating a surge in risk appetite.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Hyperliquid (HYPE)</td>
<td>+6.65%</td>
<td>$21.93</td>
</tr>
<tr>
<td>KuCoin Token (KCS)</td>
<td>+5.62%</td>
<td>$11.42</td>
</tr>
<tr>
<td>Raydium (RAY)</td>
<td>+4.77%</td>
<td>$4.76</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.3 trillion, falling by 0.50% in the last 24 hours.
Stock futures remained largely unchanged in overnight trading. The Dow Jones Industrial Average Futures rose 22 points, or 0.05%, as of 7:43 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 dropped 0.09%, while Nasdaq 100 Futures dipped 0.03%.
The December jobs report from last week <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42918778/december-jobs-report-a-wake-up-call-for-anyone-betting-on-rate-cuts-analyst-says">exceeded expectations</a>, with the nonfarm payrolls marking the strongest growth since March. However, it raised concerns over the pace of interest rate cuts, triggering a sell-off.
This week, investors will focus on key inflation data, such as the consumer price index and the producer price index for December.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Legendary trader Peter Brandt noted a head and shoulders chart pattern for Bitcoin, suggesting that it could either complete, fail as a bear trap, or morph into a broader pattern.
A bearish pattern shows a baseline with three peaks, with the middle peak being the highest, indicating a reversal of an upward trend.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is a classic H&amp;S top pattern. <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> H&amp;S patterns can do one of 3 things: -Complete and trend to target -Fail with bear trap -Morph into larger pattern What do you think? I am only allowing Verified to reply. If you cannot pay a few bucks to X you don&#39;t deserve to be heard. <a href="https://t.co/9dGquEXaUs">pic.twitter.com/9dGquEXaUs</a>
&mdash; Peter Brandt (@PeterLBrandt) <a href="https://twitter.com/PeterLBrandt/status/1878542290483875919?ref_src=twsrc%5Etfw">January 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ali Martinez, a widely followed cryptocurrency analyst and trader, drew attention to Bitcoin's key resistance levels between $97,000 and $99,500, where more than a million addresses bought 1.22 million BTC.
"Breaking through this level could be pivotal!" Martinez added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">One of the key resistance zones for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> lies between $97,000 and $99,500, where 1.26 million addresses previously accumulated 1.22 million <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>. Breaking through this level could be pivotal! <a href="https://t.co/WMfSkDFyiE">pic.twitter.com/WMfSkDFyiE</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1878504466283892797?ref_src=twsrc%5Etfw">January 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
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Photo courtesy: Shutterstock

Bitcoin, Ethereum, Dogecoin Rise As 'Greed' Sentiment Takes Over: Top Analyst Says Breaking This Resistance Level Could Be 'Pivotal' For BTC

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg agreed with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang&#8216;s cautious outlook on quantum computing, saying that the technology remains <a href="https://www.benzinga.com/markets/equities/25/01/42867168/nvidias-jensen-huang-said-something-that-has-all-quantum-computing-stocks-tumbling-qubt-and-rgti-down-13-ionq-down-11">years away from practical implementation</a>.
What Happened: Speaking on Joe Rogan&#8217;s <a href="https://youtu.be/7k1ehaE0bdU?feature=shared">podcast</a> Saturday, Zuckerberg acknowledged his limited expertise but supported the industry consensus of a decade-long timeline for widespread quantum computing adoption. 
&#8220;I&#8217;m not really an expert on quantum computing, but my understanding is that it&#8217;s still quite a ways off from being a truly practical paradigm,&#8221; Zuckerberg said.
His comments follow Huang&#8217;s recent statement at Nvidia&#8217;s CES 2025 that practical quantum computers could be 15 to 30 years away, which triggered significant market turbulence. 
Quantum computing stocks saw sharp declines last week after Huang&#8217;s comments, with IonQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) falling 39%, Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) dropping 43.34%, and Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) tumbling 45.41%.
See Also: <a href="https://www.benzinga.com/news/global/25/01/42910173/palantir-co-founder-joe-lonsdale-sets-realistic-expectations-for-elon-musks-doge-initiative-next-trillion-will-be-a-lot-harder">Palantir Co-Founder Joe Lonsdale Sets Realistic Expectations For Elon Musk&#8217;s DOGE Initiative: &#8216;Next Trillion Will Be A Lot Harder&#8217;</a>
Why It Matters: However, D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) CEO Alan Baratz strongly contested Huang&#8217;s timeline. &#8220;Not 30 years from now, not 20 years from now, not 15 years from now, but right now today,&#8221; Baratz said, citing existing <a href="https://www.benzinga.com/25/01/42892470/jensen-huang-is-dead-wrong-about-quantum-computing-d-wave-ceo-fires-back-at-nvidia-boss-happy-to-meet-with-jensen-any-time-any-place-to-help-fill-in-these-gaps">commercial applications with companies</a> like Mastercard Inc.
Zuckerberg&#8217;s broader technology perspective emphasized AI development, suggesting advanced artificial intelligence systems would likely precede quantum computing breakthroughs. He advocated for widespread AI deployment as a security measure, drawing parallels to software vulnerability management.
Market analyst Jim Cramer urged investors to exercise caution regarding quantum computing investments, warning about sector overvaluation. &#8220;We need you out before the froth goes away,&#8221; Cramer said, as quantum computing stocks retreated from their previous <a href="https://www.benzinga.com/markets/equities/25/01/42890014/jim-cramer-warns-on-quantum-stories-as-stocks-plunge-we-need-you-out-before-the-froth-goes-away">gains of up to 800% over the past year</a>.
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<li><a href="https://www.benzinga.com/markets/equities/25/01/42904892/ford-debuts-limited-edition-mustang-gtd-spirit-of-america-new-rtr-performance-model-amid-stock-pressure">Ford Debuts Limited-Edition Mustang GTD Spirit Of America, New RTR Performance Model Amid Stock Pressure</a></li>
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Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

IONQ

NVDA

QBTS

QUBT

RGTI

Mark Zuckerberg Backs Nvidia CEO Jensen Huang's View On Quantum Computing: 'It's Still Quite A Ways Off'

Last year, the Hollywood reporter cited an anonymous source suggesting that U2 frontman Bono is among the investors behind a striking spec-built mansion just above Los Angeles's Sunset Boulevard.
According to Robb Report, the <a href="https://www.benzinga.com/real-estate/24/03/37541820/las-ultra-wealthy-residents-resort-to-shell-game-to-skirt-city-mansion-tax">avant-garde residence</a> features a unique triangular structure that appears to hover over the lower level. This structure is easily spotted by those heading north of Fairfax Avenue.
Although Robb Report said it could not independently verify the music legend's involvement with the architectural showpiece, public records indicate that Bono – born Paul Hewson – played a key role in acquiring a nearby property.
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The $7 million home was purchased by an LLC, for which Hewson, 64, is listed as the managing agent. This follows his recently concluded residency at the Sphere in Las Vegas.
Photos of the <a href="https://www.benzinga.com/markets/24/08/40439598/q2-2024-data-for-la-office-market-explains-why-iconic-la-skyscraper-faced-foreclosure">stylish property</a> have mostly vanished from the internet, but archived listings and property records reveal that the home, built nearly 25 years ago, has been transformed with a sleek, modern design.
Key interior highlights include a dramatic double-height entrance gallery, a striking three-story travertine-covered wall alongside a wood and glass staircase and an open-concept chef's kitchen featuring a Moroccan tile backsplash.
See Also: Unlock the hidden potential of commercial real estate —<a href="https://equitymultiple.com/benzinga?invite=benzinga&amp;utm_campaign=product-promotion-earn&amp;utm_source=yahooFinance&amp;utm_medium=affiliate&amp;utm_content=unlockboost-yahoo"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
In the bright living and dining area, a motorized glass wall opens onto a glass-railed balcony with panoramic views.
The top-floor primary suite has a fireplace, private balcony, chic walk-in closet and a large bathroom.
A glass-enclosed wine display is tucked beneath the stars on the lower level, adjacent to a TV lounge with a sleek linear fireplace. A vast sliding-glass wall opens at the push of a button, leading to a sunny terrace featuring an infinity-edged pool and spa that cantilever over the hillside. A remote-controlled outdoor television mounted on a hydraulic lift emerges for viewing from the spa or while lounging poolside.
Trending: CEO of Integris gathered a team of senior investment managers who have $34.22 billion in combined owned and managed assets in the West Coast —<a href="https://www.benzinga.com/money/integris"> here&#8217;s how to invest in their private credit fund that targets 12% annual interest rate.</a>
Whether the property was purchased for personal use or investment purposes remains unclear. However, Bono and his longtime wife, Ali Hewson, own several impressive properties worldwide, including a sprawling estate with a tennis court and a pool overlooking Killiney Beach near Dublin and a waterfront villa in the South of France.
They also own a penthouse in New York City's iconic San Remo building on Central Park West, which they acquired in 2003 for about $14.5 million from late Apple cofounder Steve Jobs.
Beyond his music career, Bono is a dedicated social justice activist with U2 and on his own. He is especially known for his efforts to combat extreme poverty and HIV/AIDS in Africa. To advance these causes, he has participated in benefit concerts and political advocacy, lobbying influential leaders for support and relief initiatives.
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In a world where tech founders <a href="https://www.benzinga.com/news/management/25/01/42771258/worlds-top-10-richest-people-gained-more-wealth-in-2024-than-costco-and-nikes-combined-valuation-how-elon-musk-warren-buffett-and-others-fared">chase billion-dollar valuations</a>, Craig Newmark, the founder of Craigslist, has taken a drastically different approach. He's resisted the allure of vast fortunes and actively rejected them. Why? Because, as he puts it, "you should know when enough is enough."
Craigslist, the minimalist website connecting people for decades, is one of the most visited websites globally. With 250 million monthly users, it's not far behind giants like Amazon. And yet, Craigslist generates less than $1 billion annually. Compare that to platforms charging hefty transaction fees and Craigslist could easily rake in tens of billions. But that's never been Craig's goal.
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By design, the company doesn't make a single cent on most transactions. Instead, the site charges modest fees for job postings and apartment listings in select cities – a choice inspired by users who felt they were getting better value compared to other platforms.
<h2 class="wp-block-heading">Why Not Redesign?</h2>
If you've ever used Craigslist, you've probably noticed it hasn't changed much since the 1990s. No sleek designs or flashy updates – just a simple, functional interface. "People want it simple, fast and effective,"<a href="https://www.youtube.com/watch?v=mwS2On-IG6o"> Craig said</a>. While designers have pitched modern overhauls, Craig and his team have stuck to the basics.
This approach is intentional. Craigslist hasn't poured money into maximizing user retention or playing the UI game, unlike other tech platforms. "Fancy may not be the answer," Craig pointed out. Instead, the platform prioritizes usability, helping people find jobs, homes and items to buy or sell with minimal fuss.
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<h2 class="wp-block-heading">Turning Down Billions</h2>
Over the years, <a href="https://www.benzinga.com/money/what-is-venture-capital">venture capitalists</a> have approached Craig with massive offers, urging him to monetize more aggressively or sell. They saw a gold mine in Craigslist's scale and suggested ads, subscriptions or transaction fees. But Craig wasn't interested.
"I don't need billions,"<a href="https://www.youtube.com/watch?v=pKfg69v-X3g"> he said</a>. "I've met a bunch of rich people and none of them are all that happy." According to Forbes, Newmark was a billionaire for years before dropping off the list in 2020. &#8220;Had I done the usual Silicon Valley thing … I'd be worth $11 billion." Instead, Craig leaned on lessons from his childhood. In Sunday school, he learned to treat people the way he'd want to be treated. To him, it's not altruistic, just basic fairness.
Craig's rejection of billions isn't as much about simplicity as impact. By keeping costs low and the platform accessible, Craigslist has helped millions of people find jobs, homes and opportunities. "In a lot of ways, [Craigslist] is helping people put food on the table," he said.
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<h2 class="wp-block-heading">The Humble Rise of Craigslist</h2>
Craig started Craigslist in 1995 as an email list to share local events. It quickly exceeded his expectations, adding categories like jobs, housing and for-sale items. By 1999, it became a company, but even then, Craig remained humble. He stepped back from management, admitting he wasn't a great boss and instead worked as a customer service rep for 15 years.
People would email him directly at <a href="mailto:Craig@craigslist.org">Craig@craigslist.org</a>. "I spent a lot of time doing that kind of thing and got a lot of stuff done." His approach to customer service reflected his broader philosophy: fairness, simplicity and community.
<h2 class="wp-block-heading">Living Modestly and Giving Back</h2>
Today, Craig is retired but busier than ever, focusing on philanthropy. He's donated millions to causes like internet freedom, unbiased journalism and veteran support. He's also been a major donor to Wikipedia, reflecting his commitment to accessible public resources. He&#8217;s even pledging $300 million to prevent cybercrimes against the U.S.
"The deal is our country is under attack now," he told Yahoo Finance. "It's not like I'm in the recruiting line after Pearl Harbor because my dad volunteered in the &#8217;40s, but I guess that's what I should be doing."
Despite his wealth, Craig lives modestly. He doesn't own a car, prefers public transportation and avoids unnecessary luxuries.
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'I Don't Need Billions. You Should Know When Enough Is Enough' – Craig From Craigslist Says He Rejected Billions To Redesign The Platform

<a href="https://www.globenewswire.com/Tracker?data=_9NbSKMoHr9QJcQl6d2ggryhVNf0W2mnCXS4iTaQMewDgW0jlmBmKRrNqxYUo6nsoY6B3yCVfYU_LPvO6-hPQh1dFEsvWR3OBzO8afu6PfI=">Molecular Partners</a> AG ((SIX: MOLN, NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOLN#NASDAQ">MOLN</a>), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin therapeutics, and Orano Med, a clinical-stage radiopharmaceutical company and a pioneer in the development of targeted alpha-particle therapies (TAT) with 212Pb (lead-212), today announced the expansion of their strategic collaboration.
The terms of the new agreement include the development of an additional six targeted alpha therapeutics candidates, now representing a total of ten potential programs between the two companies. Molecular Partners will lead development of the additional six programs, subject to a royalty arrangement, and include an option for Orano Med to move two of the six programs into a 50/50 co-development where Orano Med will hold commercialization rights.

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Molecular Partners, Orano Med Expand Partnership To Develop Targeted Alpha Radio-Therapies For Cancer

QIAGEN has decided to implement the maximum USD300 million value of the mandate given at the Annual General Meeting in June 2024, where shareholders gave virtually unanimous approval for the related resolutions. This approach is designed to return cash to shareholders in a more efficient way than through a traditional open-market repurchase program. It would also enhance earnings per share (EPS) through the reduction in outstanding shares. The synthetic share repurchase will become effective on January 28, 2025, and will be settled in line with market convention in the subsequent days

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Qiagen Said Sunday, It Will Return ~$300M To Shareholders Through A Synthetic Share Repurchase

<a href="https://www.bloomberg.com/news/articles/2025-01-12/johnson-johnson-exploring-bid-for-intra-cellular?embedded-checkout=true" title="https://www.bloomberg.com/news/articles/2025-01-12/johnson-johnson-exploring-bid-for-intra-cellular?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-01-12/johnson-johnson-exploring-bid-for-intra-cellular?embedded-checkout=true</a>

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Bloomberg Reported Sunday, J&J Explores Bid For Intra-Cellular Therapies

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RxSight Sees Q4 Revenue $40.2M Vs. $40.4M Est; Sees FY 2024 Revenue ~$139.9M,Up 57% YoY

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Arcutis Biotherapeutics Reported Sunday, Preliminary Unaudited Product Revenue For Q4 2024 Expected To Be ~$63M, Up ~366% Vs. Q4 2023; For FY 2024 Expected To Be ~$160M, Up ~449% Vs. 2023

Wayfair and Google Cloud today announced an expanded partnership to significantly enhance the online retailer's product catalog with Google's advanced Gemini models on Vertex AI and to improve employee collaboration by deploying Google Workspace to its thousands of employees worldwide. By using Google's AI technologies, Wayfair has already seen improvements in workforce efficiency and operational cost savings.

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Wayfair, Google Cloud Announced Expanded Partnership Sunday To Transform Online Retail With Gemini

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Ultragenyx Reported Sunday Preliminary 2024 Total Revenue Of $555M To $560M, Exceeding Top End Of Guidance; 2025 Expected Total Revenue Guidance Of $640M To $670M

Biographer Seth Abramson, who says he is writing a biography of Elon Musk, has expressed concerns over the mental health of the billionaire entrepreneur, citing his recent online behavior.
What Happened:&nbsp;In a post on X last week, Abramson, who has been tracking Musk&#8217;s online activities for the past two years, voiced his fears about Musk&#8217;s mental wellbeing. 
He stated, &#8220;I legitimately believe Elon Musk may be going mad. I&#8217;m a Musk biographer who has been tracking his online behavior for the last two years, and given that he&#8217;s admitted to all of mental illness, heavy drug use, and crippling stress, it is now reasonable to fear he is deeply unwell.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I legitimately believe Elon Musk may be going mad. I&#39;m a Musk biographer who has been tracking his online behavior for the last two years—and given that he&#39;s admitted to all of mental illness, heavy drug use, and crippling stress, it is now reasonable to fear he is deeply unwell.
&mdash; Seth Abramson (@SethAbramson) <a href="https://twitter.com/SethAbramson/status/1876343355665494253?ref_src=twsrc%5Etfw">January 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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In another post, he wrote, &#8220;It is now reasonable to fear he is deeply unwell. Protect America from Elon Musk.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">For 14 days more the administration is in a position to take urgent action to protect America from Elon Musk. That could include ending all U.S. contracts with him, filing lawsuits to block his unconstitutional DOGE initiative, and launching new federal and natsec investigations.
&mdash; Seth Abramson (@SethAbramson) <a href="https://twitter.com/SethAbramson/status/1876344354568393095?ref_src=twsrc%5Etfw">January 6, 2025</a></blockquote>
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He also referenced Musk's role as the incoming head of the Department of Government Efficiency (DOGE) under the Trump administration, emphasizing that Musk's influence could threaten national stability. 
Also Read: <a href="https://www.benzinga.com/news/24/02/36925273/elon-musk-fostered-culture-of-drug-use-among-senior-leaders-at-tesla-and-spacex-report-says">Elon Musk Fostered Culture Of Drug Use Among Senior Leaders At Tesla And SpaceX, Report Says</a>
&#8220;His control over &#8216;civilization-essential industries&#8217; and his upcoming government role mean his erratic behavior endangers us all,&#8221; Abramson stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">His private struggles would not be of general concern except they have dramatic public consequences. His holdings across many civilization-essential industries and the fact that he&#39;s the incoming POTUS mean that his madness and increasing incitement of violence endanger us all.
&mdash; Seth Abramson (@SethAbramson) <a href="https://twitter.com/SethAbramson/status/1876343840258617394?ref_src=twsrc%5Etfw">January 6, 2025</a></blockquote>
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Abramson&#8217;s concerns stem from Musk&#8217;s own admissions&nbsp;of mental illness, heavy drug&nbsp;use, and crippling stress. The biographer&#8217;s post has since garnered over 4.1 million views, sparking widespread discussion about the mental health of high-profile individuals like Musk.
Why It Matters:&nbsp;Elon Musk, the CEO of&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and&nbsp;SpaceX, is one of the most influential figures in the tech industry. His mental health could potentially impact the operations and stock performance of his companies.
Moreover, Abramson&#8217;s tweet highlights the importance of mental health awareness, even among successful individuals. It serves as a reminder that mental health issues do not discriminate and can affect anyone, regardless of their status or achievements.
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Image: Shutterstock

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Is Elon Musk's Mental Health a Cause for Concern? Biographer Thinks So

Craig-Hallum analyst George Sutton raised the firm's price target on Docebo (DCBO) to $62 from $58 and keeps a Buy rating on the shares. The firm n...

Docebo price target raised to $62 from $58 at Craig-Hallum

The cloud computing industry has been experiencing incredible growth owing to its flexible, secure, and cost-effective nature. Thus, investing in fundamentally stable cloud computing stocks, International Business Machines (IBM), Workday (WDAY), and Docebo (DCBO) could be one's ticket to long-term growth. Read on… Cloud computing has significantly reshaped the technological landscape in recent years. <a href="https://edgedelta.com/company/blog/how-many-companies-use-cloud-computing-in-2024#:~:text=Over%2090%25%20of%20companies%20worldwide%20already,use%20cloud%20services%E2%80%94including%20AWS%2C%20Google%2C%20and%20Microsoft.">More than 90% of organizations</a> now rely on cloud services to enhance efficiency and drive innovation. This widespread adoption of cloud technology is fueling a digital revolution, impacting businesses and industries worldwide.
In this dynamic environment, investors have the opportunity to benefit from stocks of three promising cloud computing companies: International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>), Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>), and Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>). These companies are strategically positioned for long-term growth.
The core appeal of cloud computing lies in its flexibility, efficiency, cost-effectiveness, and security. These attributes are why businesses increasingly incorporate cloud services into their operations.
The shift toward remote work has further accelerated the demand for cloud solutions. This is highlighted by a Pew Research Center study as per which <a href="https://www.usatoday.com/money/blueprint/business/hr-payroll/remote-work-statistics/">around 22 million employed adults</a> in the United States, or 14% of the workforce, now work from home full-time, driving the surge in cloud service usage.
The industry's growth prospects remain robust, with global spending on cloud services projected to <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52460024">reach $805 billion in 2024</a>. This figure is expected to double by 2028, underscoring the market's potential.
Additionally, Fortune Business Highlights forecasts the cloud computing market to hit $2.29 trillion by 2032, growing at <a href="https://www.fortunebusinessinsights.com/cloud-computing-market-102697">a CAGR of 16.5%</a>. These projections cement the cloud sector's bright future.
So, let us dive deep into the fundamentals of three cloud computing stocks, starting with #3.
Stock #3: International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>)
IBM addresses the hybrid cloud and artificial intelligence (AI) opportunities with a platform-centric approach. It combines technology and business expertise to deliver client value. Its segments include Software; Consulting; Infrastructure; and Financing, focusing on providing comprehensive solutions for businesses across various industries.
On November 6, IBM and Cognizant Technology Solutions Corporation (<a href="https://stocknews.com/stock/CTSH/">CTSH</a>) launched a new <a href="https://newsroom.ibm.com/2024-11-06-cognizant-launches-global-finops-center-of-excellence,-new-solutions-built-with-ibm-technology-to-tackle-enterprise-modernization-challenges">FinOps Center of Excellence (CoE)</a> built on IBM's FinOps software and CTSH's cloud and developer platforms. The partnership is expected to expand IBM's reach in the rapidly evolving financial and cloud sectors, enhancing its reputation as a leader in addressing critical business challenges.
On October 22, IBM unveiled <a href="https://newsroom.ibm.com/2024-10-22-ibm-advances-secure-ai-quantum-safe-technology-with-ibm-guardium-data-security-center">the IBM Guardium Data Security Center</a> to address the emerging risks associated with hybrid cloud, AI, and quantum technologies. The center helps organizations protect data across its lifecycle with unified controls.
The launch could strengthen IBM's position in the data security market, supporting its growth by offering solutions to safeguard businesses against evolving security threats.
For the fiscal 2024 third quarter that ended on September 30, IBM's total revenue increased 1.5% year-over-year to $14.97 billion. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> rose 4.9% from the year-ago value to $8.42 billion.
Additionally, the company's non-GAAP income from continuing operations increased 6.1% year-over-year to $2.16 billion, whereas its non-GAAP EPS from continuing operations grew 4.5% from the prior year's quarter to $2.30.
Analysts expect IBM's revenue and EPS for the fiscal year ending December 2024 to increase 1.6% and 6.2% year-over-year to $62.83 billion and $10.21, respectively. Moreover, the company topped the consensus EPS estimates in all four trailing quarters.
Shares of IBM have surged 25.8% over the past six months and 44.4% over the past year to close the last trading session at $213.72.
IBM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> mirror its fundamentals. IBM has a B grade for Quality. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
In the 78-stock <a href="https://stocknews.com/category/technology-services/">Technology – Services</a> industry, it is ranked #32. Beyond what is stated above, we've also rated IBM for Growth, Value, Momentum, Stability, and Sentiment. Get all IBM ratings <a href="https://stocknews.com/stock/IBM/">here</a>.
Stock #2: Workday, Inc. (<a href="https://stocknews.com/stock/WDAY/">WDAY</a>)
WDAY offers enterprise cloud applications for finance and human resources. It provides software-as-a-service solutions to approximately 10,000 organizations. This includes empowering their workforce, managing finances and spending, and adapting to changes while planning for future uncertainties in a dynamic business environment.
On November 4, WDAY and Compa, a leading provider of software-delivered market data, partnered to integrate Compa's <a href="https://investor.workday.com/2024-11-04-Workday-and-Compa-Partner-to-Revolutionize-Compensation-with-Real-Time-Data">real-time market intelligence</a> into WDAY. The collaboration helps companies make more informed pay decisions, enabling them to attract and retain top talent. This could enable WDAY to enhance its value in workforce management.
For the fiscal 2025 second quarter ended July 31, 2024, WDAY's total revenues increased 16.7% year-over-year to $2.09 billion. Its non-GAAP operating income rose 23% from the year-ago value to $518 million.
Additionally, the company's net income and non-GAAP net income per share grew 67.1% and 22.4% from the prior year's quarter to $132 million and $1.75, respectively.
Street expects WDAY's revenue and EPS for the fiscal 2025 third quarter (ended October 2024) to increase 14.2% and 14.9% year-over-year to $2.13 billion and $1.76, respectively. Furthermore, the company surpassed the consensus revenue and EPS estimates in each of the four trailing quarters, which is impressive.
WDAY's shares have gained 2.8% over the past six months and 15.3% over the past year, closing the last trading session at $256.54.
WDAY's solid fundamentals are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
WDAY has an A grade for Growth and a B for Sentiment and Quality. It is ranked #25 out of 129 stocks in the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry.
<a href="https://stocknews.com/stock/WDAY/">Click here</a> to access WDAY's ratings for Momentum, Value, and Stability.
Stock #1: Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>)
Based in Toronto, Canada, DCBO delivers learning platforms driven by AI and innovation. The company focuses on transforming how enterprises use technology to create and manage content, deliver training, and measure the impact of their learning programs. Its solutions are designed to enhance organizational learning and development strategies.
On October 2, DCBO partnered with TEDAI for the TEDAI Vienna event, serving as <a href="https://docebo.inc/news/news-details/2024/Docebo-Partners-with-TEDAI-Vienna-as-The-Business-Learning-Partner-for-Europes-Inaugural-AI-Conference/default.aspx">the business learning partner</a>. DCBO played a key role in showcasing how enterprises can harness AI to transform workplace learning and development. The collaboration highlights the company's commitment to reshaping the future of work through AI.
For the fiscal 2024 third quarter that ended on September 30, DCBO's revenue increased 19.2% year-over-year to $55.43 million. Its operating income grew 51.7% from the year-ago value to $4.72 million. Plus, the company's adjusted net income and adjusted EPS rose 66.7% and 80% from the prior year's quarter to $8.26 million and $0.27, respectively.
The consensus revenue and EPS estimates of $56.23 million and $0.28 for the fiscal fourth quarter ending December 2024 reflect a year-over-year rise of 14.1% and 12%, respectively. Also, the company surpassed the consensus revenue and EPS estimates in all four trailing quarters.
DCBO's shares have gained 11.9% over the past six months and 19.3% over the past year, closing the last trading session at $51.45.
DCBO's robust prospects are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
DCBO has an A grade for Quality and a B for Sentiment and Growth. It is ranked #14 within the Software – Application industry.
<a href="https://stocknews.com/stock/DCBO/">Click here</a> to access DCBO's ratings for Value, Momentum, and Stability.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
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<hr />
IBM shares fell $0.12 (-0.06%) in premarket trading Monday. Year-to-date, IBM has gained 34.34%, versus a 27.04% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/ibm-wday-dcbo-ctsh-3-cloud-computing-stocks-perfect-for-long-term-growth/>3 Cloud Computing Stocks Perfect for Long-Term Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cloud Computing Stocks Perfect for Long-Term Growth

The cloud computing industry continues to experience unprecedented growth as businesses embrace digital transformation. Amid this backdrop, investors could consider investing in three promising cloud stocks, Oracle Corp (ORCL), Commvault Systems (CVLT), and Docebo (DCBO) for long-term growth. Read on... Cloud computing has emerged as the foundation of the modern digital economy, offering unparalleled scalability, flexibility, and cost efficiency. Companies providing cloud services are experiencing robust growth due to increased adoption across industries.
Given this industry's robust prospects, you might consider investing in fundamentally sound cloud stocks like Oracle Corporation (<a href="https://stocknews.com/stock/ORCL/">ORCL</a>), Commvault Systems, Inc. (<a href="https://stocknews.com/stock/CVLT/">CVLT</a>), and Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>), that are positioned for long-term growth.
The cloud computing market is anticipated to grow to $2.29 trillion by 2032, <a href="https://www.fortunebusinessinsights.com/cloud-computing-market-102697">growing at a CAGR of 16.5%</a>. One of the major factors influencing the cloud computing market is the increase in digital transformation, and intense competition among cloud hyper-scalers.
<a href="https://edgedelta.com/company/blog/how-many-companies-use-cloud-computing-in-2024">According to Edge Delta</a>, more than 90% of companies worldwide already use cloud services, and this number is only projected to grow. Sectors like healthcare, education, and retail are digital transforming, driver being cloud adoption. As per a study, companies selling cloud services have the potential to <a href="https://www.ironorbit.com/new-jobs-a-surprising-advantage-of-cloud-computing/">create 472,000 jobs in the U.S.</a> and abroad over the next five years.
As advanced technologies like AI and edge computing integrate with cloud platforms, the industry is set to redefine the digital landscape. This ongoing evolution ensures that cloud providers will remain pivotal in supporting innovation, making them a compelling choice for investors focused on long-term growth.
Now, let's examine the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry stocks in detail, beginning with the third choice:
Stock #3: Oracle Corporation (<a href="https://stocknews.com/stock/ORCL/">ORCL</a>)
ORCL offers products and services that address enterprise information technology environments worldwide. It provides cloud software applications, cloud-based industry solutions, application licenses, infrastructure technologies, databases, Java, middleware, hardware products, and consulting and customer services.
On October 29, ORCL's Health unveiled a new version of its Clinical AI Agent built on the latest generative AI technology, providing a comprehensive set of advanced AI services for medical providers. This technology will help improve patient-provider interactions by combining comprehensive clinical intelligence with a multimodal voice user interface to automate and unifying a variety of clinical workflows.
On the same day ORCL unveiled its next-generation electronic health record (EHR) that is designed to embed AI across the entire clinical workflow to automate processes, deliver insights at the point of care, and simplify documentation, prep, and follow up for physicians and staff with maximum security. This innovation is to transform burden from an administrative into a clinical asset to help improve care delivery.
In the fiscal first quarter that ended on August 31, 2024, ORCL's revenue increased 6.9% year-over-year to $13.31 billion. The company reported non-GAAP income from operations of $5.71 million, indicating a 12.9% increase from the prior-year quarter with a non-GAAP <a href="https://www.investopedia.com/terms/o/operatingmargin.asp">operating margin</a> of 43% (up 200 bps year-over-year).
ORCL's non-GAAP net income came in at $3.96 million, up 18% year-over-year, while its non-GAAP net income per share grew 16.8% from the year-ago value to $1.39.
Analysts expect ORCL's revenue for the second quarter ending November, 2024, to increase 9.1% year-over-year to $14.12 billion, while its EPS for the same period is expected to grow 10.6% from the prior-year quarter to $1.48. The company surpassed EPS estimates in three of the trailing four quarters, which is promising.
Moreover, ORCL's revenue has grown at CAGRs of 9.6% and 6.4% over the past three and five years, respectively. In addition, its total assets increased at 6.3% CAGR over the past five years.
ORCL shares have surged 73.3% year-to-date and 64% over the past nine months to close the last trading session at $182.70.
ORCL's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
ORCL has a B grade for Stability, Sentiment, and Quality. It is ranked #34 out of 128 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry. <a href="https://stocknews.com/stock/ORCL/">Click here</a> to see the additional ratings for ORCL (Growth, Value, and Momentum).
Stock #2: Commvault Systems, Inc. (<a href="https://stocknews.com/stock/CVLT/">CVLT</a>)
CVLT provides data protection and information management software applications and services to large enterprises, small and medium-sized businesses, and government agencies globally. Its offerings include Commvault Backup and Recovery, Commvault Disaster Recovery, Commvault Complete Data Protection, Commvault HyperScale X, and Metallic Data Protection-as-a-service.
On October 8, CVLT expanded its partnership with Google Cloud. CVLT will provide a new solution, Commvault&#xAE;, for Cloud Backup &amp; Recovery for Google Workspace. This advanced solution will deliver comprehensive, end-to-end enterprise-grade protection, multi-layered cyber resilience, and the simplicity of SaaS.
On the same day, CVLT launched Cloud Rewind, a cloud-native application recovery and rebuild program on its platform. This unique offering will help businesses restore data within minutes after a cyberattack, simplifying cloud cyber recovery.
CVLT's total revenue for the second quarter (ended September 30, 2024) increased 16.1% year-over-year to $233.28 million. Further, its non-GAAP income from operations grew 13.6% from the prior year's quarter to $47.75 million.
The company's non-GAAP net income for the quarter amounted to $37.58 million or $0.83 per share, reflecting an increase of 19.3% and 18.6% from the same period last year, respectively. Also, its non-GAAP free cash flow rose 34.1% from the year-ago value to $53.74 million.
The consensus revenue estimate of $245.81 million for the fiscal third quarter (ending December 2024) represents a 13.4% increase year-over-year. The consensus EPS estimate of $0.87 for the same quarter indicates an 12.1% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
CVLT's EBIT has grown at CAGRs of 23.7% and 33.3% over the past three and five years. Likewise, the company's diluted EPS has increased at a CAGR of 98.3% over the past three years.
Shares of CVLT have gained 135.2% over the past year and 81.1% over the past nine months to close the last trading session at $171.63.
It's no surprise that CVLT has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Quality and a B for Sentiment. Out of 128 stocks in the Software – Application industry, CVLT is ranked #19.
Beyond what is stated above, we've also rated CVLT for Growth, Value, Momentum, and Stability. Get all CVLT ratings <a href="https://stocknews.com/stock/CVLT/">here</a>.
Stock #1: Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>)
Based in Toronto, Canada, DCBO operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform internationally. It provides Learning Management System (LMS) to train internal and external workforces, partners, and customers.
On October 2, DCBO partnered with TEDAI for the TEDAI Vienna event, serving as the business learning partner. DCBO played a vital role in showcasing how enterprises can harness AI to transform workplace learning and development. This collaboration highlights the company's commitment to reshaping the future of work through AI.
During the third quarter (ended September 30, 2024) DCBO's revenue increased 19.2% year-over-year to $55.43 million. Further, its gross profit grew 19.2% from the prior year's quarter to $42.80 million. The company's operating income amounted to $4.72 million, up 51.7% year-over-year.
In addition, its adjusted EBITDA rose 92.4% from the year ago value to $8.68 million. DCBO's adjusted net income for the quarter amounted to $8.26 million or $0.26 per share, reflecting an increase of 66.7% and 80%, respectively, from the same period last year.
Street expects DCBO's revenue for the fiscal fourth quarter (ending December 2024) to increase 14.1% year-over-year to $56.24 million. Moreover, its EPS estimate of $0.27 for the same period indicates an 8.7% year-over-year growth. In addition, it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
Over the past three and five years, DCBO's revenue income grew at CAGRs of 30.9% and 41.3%, respectively, while its total assets grew at 53.7% CAGR over the past five years.
Over the past six months, the stock has surged 37.9%, closing the last trading session at $49.36.
DCBO's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It has an A grade for Sentiment and Quality and a B for Growth. Within the same industry, it is ranked #6. <a href="https://stocknews.com/stock/DCBO/">Click here</a> to see DCBO's ratings for Value, Momentum, and Stability.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ORCL shares were unchanged in after-hours trading Friday. Year-to-date, ORCL has gained 77.46%, versus a 27.97% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/orcl-cvlt-dcbo-3-cloud-companies-with-robust-growth-trajectories/>3 Cloud Companies With Robust Growth Trajectories</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cloud Companies With Robust Growth Trajectories

The cloud computing industry has seen explosive growth in recent years, fueled by usage by thousands of organizations and users. So, does Nutanix's (NTNX) leading position in the thriving cloud industry make it a prime investment opportunity? Read on… Cloud computing has significantly reshaped the technological landscape in recent years. <a href="https://edgedelta.com/company/blog/how-many-companies-use-cloud-computing-in-2024">More than 90% of organizations</a> rely on cloud services to enhance efficiency and drive innovation. This widespread adoption of cloud technology is fueling a digital revolution, impacting businesses and industries worldwide.
Moreover, Fortune Business Highlights forecasts the cloud computing market to hit $2.29 trillion by 2032, growing at <a href="https://www.fortunebusinessinsights.com/cloud-computing-market-102697">a CAGR of 16.5%</a>. These projections cement the cloud sector's bright future.
In line with this, Nutanix, Inc. (<a href="https://stocknews.com/stock/NTNX/">NTNX</a>) stands at the forefront of the cloud computing industry, owing to its aggressive expansion into AI capabilities and major partnerships in the pipeline. NTNX is well-positioned to benefit from the cloud computing market's robust growth prospects and seems a wise choice for growth-focused investors.
The company's impressive growth over the past year highlights its potential. The stock surged 3.4% in the past three months and 56.5% over the last year, closing at $65.02 in the latest trading session. These gains reflect NTNX's ability to capitalize on the sector's continued expansion.
So, let us take a closer look at the factors that could influence NTNX's performance in the near future.
Recent Developments
On November 12, NTNX announced the expansion of its AI infrastructure platform with <a href="https://ir.nutanix.com/news-releases/news-release-details/nutanix-extends-ai-platform-public-cloud">Nutanix Enterprise AI</a>, a new cloud-native offering. This new offering can be deployed on any Kubernetes platform, at the edge, in core data centers, and on public cloud services like AWS EKS, Azure AKS, and Google GKE.
With AI involvement in cloud services thriving, new offerings like these are set to place NTNX in a dominant market position and enable stable growth prospects.
On November 7, NTNX <a href="https://ir.nutanix.com/news-releases/news-release-details/nutanix-expands-partnership-aws">announced an extended partnership</a> with Amazon Web Services, Inc. (AWS) to facilitate cloud migration and provide options for customers managing workloads across on-premises and cloud environments.
With AWS at the forefront of cloud infrastructure, this partnership should benefit NTNX to capture a more involved role in the competitive cloud industry and enhance its future growth.
Strong Financials
For the fiscal 2025 first quarter that ended October 31, 2024, NTNX's total revenue increased 15.6% year-over-year to $590.96 million. Its adjusted gross profit rose 17,7% from the year-ago value to $517.09. Moreover, the company's adjusted income from operations increased 48.7% year-over-year to $118.22.
In addition, NTNX's adjusted net income and adjusted net income per share rose 43.2% and 44.8% from the prior year's quarter to $121.77 and $0.42. As of October 31, 2024, the company's current total assets amounted to $1.52 billion, compared to $1.48 billion on July 31, 2023.
Favorable Analyst Estimates
Analysts predict NTNX's revenue and <a href="https://www.investopedia.com/terms/e/eps.asp">EPS</a> for the fiscal 2025 second quarter (ending January 2025) to rise by 13.5% and 2.5% year-over-year, reaching $641.76 million and $0.47, respectively. The company has consistently exceeded the consensus revenue and EPS estimates in each of the four trailing quarters, which is noteworthy.
For the full fiscal year ending July 2025, NTNX's revenue and EPS are expected to grow 14.4% and 14.3% from the previous year, reaching $2.46 billion and $1.50, respectively. The impressive growth reflects the company's strong performance and ongoing upward momentum.
Looking further ahead to the next fiscal year ending in July 2026, NTNX is projected to see additional growth, with revenue and EPS forecasted to rise by 16.3% and 24.4%, reaching $2.86 billion and $1.86, respectively.
High Profitability
NTNX's trailing-12-month gross profit margin of 85.44% is 68.3% higher than the industry average of 50.76%. Its trailing-12-month levered FCF margin stands at 14.82%, 31.9% higher than the industry average of 11.23%.
Additionally, NTNX's trailing-12-month asset turnover ratio of 0.94x outperforms the industry average of 0.61x by 53.3%. Moreover, the company boasts a trailing-12-month ROTC of 10.21%, which is 225% above the sector average of 3.14%.
POWR Ratings Reflects Optimism
NTNX's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
NTNX has an A grade for Quality, which is in sync with its impressive profitability metrics that surpass the industry average. Moreover, it has a B grade for Sentiment, as shown by the optimistic analyst estimates.
Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, NTNX is ranked #10 out of 128 stocks. Beyond what is stated above, we have also given NTNX grades for Momentum, Value, Growth, and Stability. Get all NTNX ratings <a href="https://stocknews.com/stock/NTNX/">here</a>.
Bottom Line
NTNX has marked its territory as a formidable force in the cloud computing industry, owing to its expansion into AI capabilities and major partnerships in the pipeline. With a consistent track record of profitability, the company is well-positioned to capitalize on the growing cloud technology market, further enhancing its competitive edge.
Given NTNX's high profitability and optimistic analyst estimates, it could be an attractive buy for investors seeking growth potential.
How Does Nutanix, Inc. (NTNX) Stack Up Against Its Peers?
Although NTNX's near-term outlook appears sound, it may be worthwhile to explore its industry peers, who currently exhibit strong POWR Ratings. So, consider these A (Strong Buy) and B-rated (Buy) stocks from the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry:
Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>)
Docebo Inc. (<a href="https://stocknews.com/stock/DCBO/">DCBO</a>)
IBEX Ltd. (<a href="https://stocknews.com/stock/IBEX/">IBEX</a>)
To explore more A or B-rated Software - Application stocks, <a href="https://stocknews.com/category/software-application/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
NTNX shares were trading at $66.45 per share on Monday afternoon, up $1.17 (+1.79%). Year-to-date, NTNX has gained 39.34%, versus a 28.21% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Anushka Dutta</h2> <img src='https:/wp-content/uploads/2021/08/Anushka-Dutta_Headshot_3.jpg' style="float:left; padding:5px;width:125px;">Anushka is an analyst whose interest in understanding the impact of broader economic changes on financial markets motivated her to pursue a career in investment research.<a href="https://stocknews.com/authors/?author=anushka-dutta">More...</a>The post <a href=https://stocknews.com/news/ntnx-prgs-dcbo-ibex-is-nutanixs-position-in-cloud-computing-a-buy-signal/>Is Nutanix's Position in Cloud Computing a Buy Signal?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is Nutanix's Position in Cloud Computing a Buy Signal?

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