El interés en corto de Freight Technologies da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Freight Technologies. Los datos de interés en corto se actualizan cada dos semanas.

Freight Technologies (NASDAQ:FRGT) Bolsa, Informe de interés en corto

Freight Technologies

Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is focused on making shipping transparent and efficient. Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity for the once-complex process of international over-the-road (OTR) shipping. The company uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.

Jefferies analyst David Katz maintains Sportradar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRAD#NASDAQ">SRAD</a>) with a Buy and raises the price target from $27 to $32.

News

Price Target

Analyst Ratings

SRAD

Jefferies Maintains Buy on Sportradar Gr, Raises Price Target to $32

Jefferies analyst David Katz maintains DraftKings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) with a Buy and lowers the price target from $60 to $53.

DKNG

Jefferies Maintains Buy on DraftKings, Lowers Price Target to $53

As of July 3, 2025, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">LendingClub Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>)</h3>
<ul class="wp-block-list">
<li>On April 29, LendingClub posted better-than-expected quarterly sales. &#8220;We&#8217;re off to a great start for 2025, growing total net revenue and originations more than 20% year over year to cross $100 billion in lifetime originations,&#8221; said Scott Sanborn, LendingClub CEO. &#8220;We&#8217;ll continue to build on that momentum with additional investments in marketing to further originations growth while maintaining strong credit discipline and innovating on member products and experiences.&#8221; The company's stock jumped around 19% over the past month and has a 52-week high of $18.75.</li>
<li>RSI Value: 76&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>LC Price Action: Shares of LendingClub gained 1.5% to close at $12.45 on Wednesday.</li>
<li>Edge Stock Ratings: 66.20 Momentum score</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/LC"><img loading="lazy" decoding="async" width="432" height="190" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03063556/image-38.png" alt="" class="wp-image-971852" style="width:293px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03063556/image-38.png 432w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03063556/image-38-300x132.png 300w" sizes="(max-width: 432px) 100vw, 432px" /></a></figure>
<h3 class="wp-block-heading">Hanmi Financial Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>)</h3>
<ul class="wp-block-list">
<li>On April 22, Hanmi Financial posted upbeat first-quarter earnings. &#8220;Our team delivered strong results in the first quarter with solid operating performance across all of our business lines,&#8221; said Bonnie Lee, President and Chief Executive Officer. &#8220;We achieved our third consecutive quarter of net interest margin expansion, up 11 basis points to 3.02%, primarily driven by lower funding costs.&#8221; The company's stock gained around 13% over the past month and<a href="https://www.benzinga.com/quote/HAFC"> has a 52-week high</a> of $27.59.</li>
<li>RSI Value: 77.5</li>
<li>HAFC Price Action: Shares of Hanmi Financial gained 2.2% to close at $26.04 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Texas Community Bancshares Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBS#NASDAQ">TCBS</a>)</h3>
<ul class="wp-block-list">
<li>On May 20, Texas Community Bancshares announced a quarterly cash dividend in the amount of 4 cents per share of common stock. The company's stock gained around 6% over the past six months and has a <a href="https://www.benzinga.com/quote/TCBS">52-week high</a> of $17.50.</li>
<li>RSI Value: 71.1</li>
<li>TCBS Price Action: Shares of Texas Community Bancshares gained 0.5% to close at $16.20 on Wednesday.</li>
</ul>
Learn more about BZ Edge Rankings—click to see scores for other <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">stocks in the sector and see how they compare.</a> 
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46218519/jim-cramer-gives-utilities-stock-a-week-says-doge-not-done-clobbering-booz-allen">Jim Cramer Gives Utilities Stock &#8216;A Week,&#8217; Says DOGE &#8216;Not Done Clobbering&#8217; Booz Allen</a> </li>
</ul>
Photo via Shutterstock

Short Ideas

Pre-Market Outlook

Markets

Trading Ideas

HAFC

TCBS

Top 3 Financial Stocks You May Want To Dump This Quarter

LQR House Inc. (the "Company" or "LQR House") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YHC#NASDAQ">YHC</a>), a niche ecommerce platform specializing in the spirits and beverage industry, is pleased to announce that Of The Earth Distribution Corp., an Ontario-based importer of premium craft spirits, has placed its third major purchase order, totaling 176 cases of SWOL Tequila.
The Company believes that this latest order reflects continued momentum across both trade and consumer channels in the Ontario market. The Company also introduced a refreshed 9-bottle case format and an enhanced bottle design, both aimed at increasing shelf visibility and reinforcing the brand's premium positioning.
The growing volume supports LQR House's broader expansion strategy into Canada's hospitality industry. In the past quarter alone, Of The Earth Distribution has onboarded 40 new on-premise accounts, spanning licensed restaurants, bars, and clubs throughout Ontario. At the same time, direct-to-consumer sales have shown steady growth, signaling strong product-market fit and growing brand recognition.

Contracts

LQR House Announces That Of The Earth Distribution Corp. Has Placed Its Third Major Purchase Order, Totaling 176 Cases Of SWOL Tequila; No Financial Terms Disclosed

In order to accelerate its turnaround while managing costs, Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) has offered stock grants worth $6 million to its executives. Meanwhile, the stock&#8217;s technical analysis paints a mixed picture for its momentum.
What Happened: The performance-based awards, in the form of restricted stock units, have a vesting period lasting till the fiscal year 2027, which will end around late September 2027, the company said Wednesday in a regulatory filing.
The grants are contingent on the top executives achieving the targets set by its Chief Executive Officer, Brian Niccol, "as quickly as possible." His turnaround plan is known as Back to Starbucks.
The awards "include a goal of meaningfully reducing operating expenses to support continued investment in the in-store experience," according to the filing.
Since joining in September, Niccol has rapidly implemented several changes, like testing higher staffing and bringing back the condiment bar, to combat declining sales.
It's rare to see companies amend their compensation strategy outside of the usual annual process, said Fabrizio Ferri, a professor at the University of Miami's Herbert Business School, <a href="https://www.bloomberg.com/news/articles/2025-07-02/starbucks-dangles-6-million-stock-grants-to-speed-up-turnaround">told</a> Bloomberg. 
"If you view this as a critical change that either they succeed, or they're basically going to slowly go into obscurity, then the $6 million may not be a big deal if this works," Ferri said.
See Also: <a href="https://www.benzinga.com/news/politics/25/07/46241070/trumps-vietnam-trade-deal-with-40-tax-on-transshipments-may-result-in-chinese-backlash-say-economis">Trump&#8217;s Vietnam Trade Deal With 40% Tax On Transshipments May Result In Chinese Backlash, Say Economists: &#8216;&#8230;They Want Inflation&#8217;</a>
Why It Matters: Starbucks closed at $94.18 apiece on Thursday, above its eight-day, 20-day, and 50-day simple daily moving averages, indicating short-to-medium term bullish momentum.
However, the stock is trading below the 200-day SMA, which indicates a longer-term trend is still potentially bearish, or that the 200-day SMA is acting as a significant resistance level that the stock needs to break above to confirm a sustained reversal.
According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, the relative strength index at 60.77 shows healthy buying interest without being overbought.
The MACD, with a positive histogram of 0.02 and the MACD line of 1.61, was slightly above the signal line of 1.59, confirming recent upward momentum.
Thus, positive short-term indicators, battling against a long-term average that suggests the stock isn&#8217;t out of the woods yet from a longer-term perspective, paint a mixed picture.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080536/SBUX-technical-chart-1024x576.png" alt="" class="wp-image-972001" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080536/SBUX-technical-chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080536/SBUX-technical-chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080536/SBUX-technical-chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080536/SBUX-technical-chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080536/SBUX-technical-chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Price Action: Shares of Starbucks were down 0.032% in premarket on Thursday. It has risen 2.18% on a year-to-date basis and 23.50% over a year.
Benzinga Edge Stock Rankings shows that SBUX had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid, and its value ranking was also poor at the 22.68th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080501/SBUX-edge-1024x148.png" alt="" class="wp-image-971999" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080501/SBUX-edge-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080501/SBUX-edge-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080501/SBUX-edge-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03080501/SBUX-edge.png 1269w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, edged higher in premarket on Thursday. The SPY was up 0.16% at $621.45, while the QQQ advanced 0.17% to $551.72, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro </a>data.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/07/46242132/crwd-stock-could-soar-16-says-wedbushs-dan-ives-coming-in-very-strong-with-healthy-momentum">CRWD Stock Could Soar 16%, Says Wedbush&#8217;s Dan Ives: &#8216;Coming In Very Strong With Healthy Momentum&#8217;</a></li>
</ul>
Photo: Shutterstock

SBUX

Starbucks Offers $6 Million Stock Bonus To Execs — But Should You Buy Its Shares? Here's What Technical Analysis Shows

LiveOne Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVO#NASDAQ">LVO</a>), a digital media company focused on music and entertainment, announced Thursday a <a href="https://www.benzinga.com/pressreleases/25/07/g46241731/liveone-nasdaq-lvo-partners-with-synervoz-for-voice-ai-and-b2b-growth" target="_blank" rel="noreferrer noopener">partnership with voice tech firm</a> Synervoz Communications Inc. 
The two companies plan to co-develop new voice-powered products and experiences that integrate directly into operating systems and connected devices.
The partnership will target over 70 B2B initiatives across sectors such as automotive and retail. Rob Ellin, LiveOne&#8217;s CEO and Chairman, said the collaboration aims to make audio experiences more dynamic and engaging. 
Also Read: <a href="https://www.benzinga.com/markets/earnings/25/06/45997279/liveone-q4-sales-drop-38-as-slacker-radio-revenue-falls" target="_blank" rel="noreferrer noopener">LiveOne Q4 Sales Drop 38% As Slacker Radio Revenue Falls</a>
&#8220;From social listening to shared podcasting, we&#8217;re reimagining audio as a communal, interactive experience,&#8221; he stated.
Ellin also noted the partnership would help the company scale faster and meet increasing product demand. At the core of the initiative is Synervoz&#8217;s Switchboard platform, which streamlines the development of voice-enabled applications. 
The company claims it can reduce build times by a factor of ten, making it a key tool for accelerating innovation in the space.
PodcastOne Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODC#NASDAQ">PODC</a>), a LiveOne subsidiary, also stands to gain from the expanded capabilities, as both consumer and business markets continue leaning into immersive and interactive audio.
Price Action: LVO shares are trading higher by 1.89% at $0.92 premarket at the last check on Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46240455/tripadvisor-shares-jump-as-starboard-value-acquires-over-9-stake" target="_blank" rel="noreferrer noopener">TripAdvisor Shares Jump As Starboard Value Acquires Over 9% Stake</a></li>
</ul>
Photo by Melinda Nagy via Shutterstock

Tech

PODC

LiveOne, Synervoz Partner For Next-Gen Voice Experiences

Alert signals a steady climb of over 20 points for MSTR
<figure class="wp-block-image size-large"><img decoding="async" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/02205739/Screenshot-2025-07-02-at-4.54.16%E2%80%AFPM-1018x1024.png" alt="" class="wp-image-15249" /></figure>
Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 10:13 AM on July 2nd. a significant trading signal occurred for Strategy Inc. (MSTR) as it demonstrated a Power Inflow at a price of $384.32. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in MicroStrategy's stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in MicroStrategy's stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock's overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for MSTR,<a href="https://benzinga.grsm.io/register174"> Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like&nbsp; <a href="https://tradepulse.net/?utm_source=Benzinga&amp;utm_medium=Article&amp;utm_campaign=brand_awareness_July2025">https://tradepulse.net/?utm_source=Benzinga&amp;utm_medium=Article&amp;utm_campaign=brand_awareness_July2025</a>
After Market Close UPDATE:
The price at the time of the Power Inflow was $384.32. The returns on the High price ($405.30) and Close price ($402.39) after the Power Inflow are respectively 5.5% and 4.7%. The result underlines the importance of a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite.
Past performance is not indicative of future results

Equities

Technicals

Opinion

Signals

MSTR

Strategy Stock Rises 5.5% After Key Trading Signal

Guidance

LAES

SEALSQ 1H Prelim. Revenue $4.8M; Sees 2025 Revenue $16M-$20M, Representing 45-82% Growth

Barrington Research analyst Alexander Paris maintains Franklin Covey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) with a Outperform and maintains $35 price target.

Barrington Research Maintains Outperform on Franklin Covey, Maintains $35 Price Target

NANO Nuclear Energy Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) ("NANO Nuclear" or "the Company"), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is the Platinum Sponsor of the upcoming Defense Strategies Institute's 7th Annual DoD Energy &amp; Power Summit to be held on July 9-10, 2025, at the National Housing Center in Washington, DC.
NANO Nuclear Energy Chief Executive Officer James Walker will participate in a panel discussion titled, "Exploring Cutting Edge Nuclear Energy Solutions for Defense Applications" at 11:10am on July 9th. This panel will delve into the rapidly evolving landscape of nuclear energy technologies and their potential to revolutionize defense capabilities. It will also discuss the cutting-edge advancements in nuclear reactor designs, including small modular reactors (SMRs) and microreactors, and their suitability for powering remote military installations, advanced weapon systems, and future propulsion technologies.
The panel will additionally feature leaders of key United States nuclear research and oversight organizations, including the Deputy Assistant Secretary for Nuclear Reactors, Department of Energy Dr. Rian Bahran, SES; Associate Laboratory Director, Nuclear Science &amp; Technology Directorate, Idaho National Laboratory Jess Gehin, Ph. D., and the Director of Nuclear Engineering Program, Virginia Tech Research Center Alireza Haghighat Ph.D.

Events

NANO Nuclear Energy Named Platinum Sponsor Of 2025 DoD Energy Summit; CEO To Join Panel On Nuclear Solutions For Defense

Zhengye Biotechnology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYBT#NASDAQ">ZYBT</a>) reported quarterly earnings of $0.03 per share. The company reported $25.531 million in sales this quarter.

Earnings

ZYBT

Zhengye Biotechnology FY EPS $0.03, Sales $25.531M

ICCM

IceCure Sees Product Sales ~$525,000 For Three Months Ended Jun. 30; Product Sales For six months Ended Jun. 30 Are Expected To Be $1.25M, Down From $1.65M YoY

PetMed Express, Inc. ("PetMeds&#xAE;") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PETS#NASDAQ">PETS</a>) received on July 2, 2025, an expected notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2025 (the "Form 10-K"), with the Securities and Exchange Commission ("SEC"), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the SEC.
The Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq.
The Notice indicated that the Company must submit a plan to regain compliance with the Listing Rule within 60 calendar days, or until September 1, 2025, and following receipt of such plan, Nasdaq may grant an exception of up to 180 calendar days from the Form 10-K due date, or until December 29, 2025, for the Company to regain compliance. On June 16, 2025, the Company filed a Notification of Late Filing on Form 12b-25 indicating that it was unable, without unreasonable effort or expense, to file its Form 10-K by the prescribed due date because the Company is continuing to compile, review, and analyze the information necessary to complete its financial statements and related disclosures to be included in the Form 10-K, as more fully described in the Company's Current Report on Form 8-K filed with the SEC on July 1, 2025.
While the Company can provide no assurances as to timing, the Company is working diligently to complete its financial statements for its fiscal year ending March 31, 2025, and the Form 10-K and plans to file the Form 10-K as soon as practicable to regain compliance with the Listing Rule.

PETS

PetMed Express Receives Notification Of Deficiency From Nasdaq

Nano Labs Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) ("we," the "Company" or "Nano Labs"), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 Binance Coin (BNB) tokens through the OTC (Over-The-Counter) format at an average price of approximately US$672.45, with a total transaction value of about US$50 million. Following this transaction, the Company's cumulative reserve of mainstream digital currencies, including Bitcoin and BNB, has around US$160 million, marking a successful initial step in Nano Labs' BNB strategic plan and underscoring its commitment to increasing BNB holdings over time.
The Company committed to thoroughly evaluating the security and long-term value of BNB, aiming to acquire up to US$1 billion worth of BNB through convertible notes and private placements in the initial phase. Over the long run, Nano Labs intends to hold 5% to 10% of BNB's total circulating supply.

Nano Labs Buys 74,315 Binance Coin Tokens Through OTC Format At Average Price Of ~$672.45, With Total Transaction Value Of ~$50M

Macro Economic Events

Econ #s

Economics

Imports For May 350.5B

Exports For May 279B

Macro Notification

General

USA Initial Jobless Claims 233K Vs 240K Est.

US Trade Balance (May) -71.50B vs -69.90B Est.

Both Michael Burry, the famed investor behind "The Big Short," and Estee Lauder Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) have strategically reduced their exposure to China – and Burry doubled his bet on the <a href="https://www.benzinga.com/markets/hedge-funds/25/06/45986798/michael-burry-saw-it-before-anyone-else-then-estee-lauders-story-took-a-dramatic-turn">global beauty giant.&nbsp;</a>
<h3 class="wp-block-heading">Burry Shorts China, Buys EL&nbsp;</h3>
According to its most recent SEC filing, Burry's hedge fund Scion Asset Management <a href="https://www.benzinga.com/news/large-cap/25/05/45499101/big-short-legend-michael-burry-bets-big-on-lipstick-index-is-he-bracing-for-a-recession">doubled its stake</a> in Estee Lauder in the first quarter of 2025.&nbsp;
The firm purchased an additional 100,000 shares in the world&#8217;s second-largest cosmetics company, bringing its total holdings to 200,000 shares.&nbsp;
Read Next: <a href="https://www.benzinga.com/markets/large-cap/25/07/46223791/elon-musks-stupid-actions-will-be-teslas-nail-in-the-coffin-ross-gerber-warns?utm_source=articleShare">Elon Musk&#8217;s &#8216;Stupid&#8217; Actions Will Be Tesla&#8217;s &#8216;Nail In The Coffin,&#8217; Ross Gerber Warns</a>
In the same quarter, Burry closed out all of Scion&#8217;s long positions in Chinese tech companies and opened short positions in several of the same stocks including Alibaba Group Holdings, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>).&nbsp;
Burry moves <a href="https://www.benzinga.com/markets/options/25/06/45909789/michael-burry-and-top-economist-agree-its-time-to-short-china">could indicate </a>concerns about weak domestic economic growth in China, escalating U.S.-China tensions and a negative outlook on the sector's near-term prospects.&nbsp;
<h3 class="wp-block-heading">Estee Lauder Reduces China Exposure</h3>
Estee Lauder is contending with its own set of challenges in China. The company reported weaker-than-expected China sales, citing sluggish consumer demand, increased competition from local brands, and a shift in consumer preferences toward domestic products.&nbsp;
Trade tensions and high tariffs have further complicated the landscape, prompting efforts to streamline operations and reduce exposure to China.&nbsp;
As younger Chinese consumers increasingly favor homegrown brands and experiences over foreign luxury goods, Estee Lauder has accelerated product launches and investing in new growth markets such as India.&nbsp;
Last week, Deutsche Bank upgraded Estee Lauder shares to a Buy and raised its price target <a href="https://www.benzinga.com/quote/EL/analyst-ratings">on the stock</a> from $71 to $95. The analysts said that the company's overreliance on China has been addressed and noted evidence of diversified growth beyond China and travel retail.&nbsp;
<h3 class="wp-block-heading">Beauty And The Bear </h3>
For both Burry and Estee Lauder, China's shifting economic climate, trade uncertainties and evolving consumer habits have made the market less predictable and less profitable.&nbsp;
Estee Lauder's diversification efforts, cost-cutting and focus on new markets might have signaled to Burry that the company is well-placed to weather a downturn and benefit from a recovery, especially if Chinese consumer demand eventually returns.&nbsp;
EL Price Action: Estee Lauder shares have gained more than 25% over the past month, according to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.&nbsp;
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This image was generated using artificial intelligence via Midjourney.&nbsp;

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Beauty And The Bear: Michael Burry, Estee Lauder Snub China

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