Fidelity MSCI Information Technology Index ETF (ARCA: FTEC)

Últimas noticias sobre Fidelity MSCI Information Technology Index ETF (ARCA:FTEC)

Fidelity MSCI Information Technology Index ETF

Technology

Industrials

Communication Services

Financial Services

Other

Basic Materials

The fund invests at least 80% of assets in securities included in the funds underlying index. The funds underlying index is the MSCI USA IMI Information Technology 25/50 Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology 25/50 Index. The fund is non-diversified.

Apple Inc

Microsoft Corp

NVIDIA Corporation

Broadcom Inc

Salesforce Inc

Adobe Inc

Advanced Micro Devices Inc

Oracle Corp

Accenture Plc Class A

Cisco Systems Inc

Financial giants have made a conspicuous bearish move on Chevron. Our analysis of options history for Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) revealed 11 unusual trades.
Delving into the details, we found 36% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $63,505, and 9 were calls, valued at $367,210.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $130.0 to $180.0 for Chevron during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Chevron's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Chevron's whale activity within a strike price range from $130.0 to $180.0 in the last 30 days. 
<h3>Chevron Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730744129_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.65</td>
<td>$5.3</td>
<td>$5.65</td>
<td>$155.00</td>
<td>$84.7K</td>
<td>6.4K</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$5.45</td>
<td>$5.35</td>
<td>$5.35</td>
<td>$155.00</td>
<td>$80.2K</td>
<td>6.4K</td>
<td style="text-align: right;">380</td>
</tr>
<tr>
<td>CVX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$3.8</td>
<td>$3.75</td>
<td>$3.8</td>
<td>$140.00</td>
<td>$37.6K</td>
<td>1.1K</td>
<td style="text-align: right;">151</td>
</tr>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.45</td>
<td>$3.4</td>
<td>$3.45</td>
<td>$160.00</td>
<td>$34.5K</td>
<td>9.4K</td>
<td style="text-align: right;">181</td>
</tr>
<tr>
<td>CVX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$10.15</td>
<td>$9.6</td>
<td>$9.6</td>
<td>$180.00</td>
<td>$33.6K</td>
<td>39</td>
<td style="text-align: right;">36</td>
</tr>
</tbody>
</table>

<h3>About Chevron</h3>
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.1 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.8 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2023 stood at 11.1 billion barrels of oil equivalent, including 6.0 billion barrels of liquids and 30.4 trillion cubic feet of natural gas.
Having examined the options trading patterns of Chevron, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Chevron</h3>
<ul>
<li>With a trading volume of 2,648,685, the price of CVX is up by 0.33%, reaching $153.58.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 88 days from now.</li>
</ul>
<h3>What The Experts Say On Chevron</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $171.8.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Chevron with a target price of $174. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Chevron, targeting a price of $192. 
&#x2A; An analyst from RBC Capital persists with their Outperform rating on Chevron, maintaining a target price of $175. 
&#x2A; Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Chevron with a target price of $155. 
&#x2A; Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Outperform rating for Chevron, targeting a price of $163. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Chevron, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Chevron's Options Frenzy: What You Need to Know

Whales with a lot of money to spend have taken a noticeably bearish stance on Dell Technologies.
Looking at options history for Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) we detected 46 trades.
If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 47% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $497,867 and 36, calls, for a total amount of $2,433,557.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $170.0 for Dell Technologies during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Dell Technologies's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Dell Technologies's substantial trades, within a strike price spectrum from $100.0 to $170.0 over the preceding 30 days.
<h3>Dell Technologies Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730744124_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.9</td>
<td>$6.65</td>
<td>$6.9</td>
<td>$150.00</td>
<td>$344.5K</td>
<td>6.0K</td>
<td style="text-align: right;">508</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$20.0</td>
<td>$19.7</td>
<td>$20.0</td>
<td>$165.00</td>
<td>$238.0K</td>
<td>537</td>
<td style="text-align: right;">119</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$9.6</td>
<td>$9.0</td>
<td>$9.04</td>
<td>$135.00</td>
<td>$180.2K</td>
<td>784</td>
<td style="text-align: right;">239</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$31.9</td>
<td>$31.55</td>
<td>$31.9</td>
<td>$135.00</td>
<td>$159.5K</td>
<td>1</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$30.55</td>
<td>$30.1</td>
<td>$30.55</td>
<td>$135.00</td>
<td>$113.0K</td>
<td>1.5K</td>
<td style="text-align: right;">68</td>
</tr>
</tbody>
</table>

<h3>About Dell Technologies</h3>
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
<h3>Where Is Dell Technologies Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 7,376,901, with DELL's price up by 0.57%, positioned at $131.62.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 22 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dell Technologies, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

DELL

Behind the Scenes of Dell Technologies's Latest Options Trends

<a href="https://www.aboutamazon.com/news/entertainment/amazon-prime-video-x-ray-recaps">https://www.aboutamazon.com/news/entertainment/amazon-prime-video-x-ray-recaps</a>
X-Ray Recaps conveniently catches you up on what's happening, whenever you're in need of a refresher.
Have you ever waited so long for the next season of a TV show that you can't remember what's going on when it finally premieres? Or ducked out of the room for a popcorn refill, only to miss a crucial plot point? We've all been there. And while your initial instinct may be to rewind or search online for a summary, this approach is inconvenient and takes you away from the streaming experience. You also run the risk of encountering a spoiler or rewatching parts you've already seen.
With X-Ray Recaps, <a href="https://www.aboutamazon.com/news/entertainment/what-you-need-to-know-about-prime-video">Prime Video</a> is delivering a new way to get up to speed without wasting time or risking spoilers, allowing you to spend more time streaming your favorite TV shows.
X-Ray Recaps is a generative AI-powered feature that creates brief, easy-to-digest summaries of full seasons of TV shows, single episodes, and even pieces of episodes, all personalized down to the exact minute of where you are watching. Whether you're a few minutes into a new episode, halfway through a season, or took a break from watching a series and need a refresher, X-Ray Recaps delivers short textual snippets of key cliffhangers, character-driven plot points, and other details that can be accessed at any point in your viewing experience.
X-Ray Recaps builds upon Prime Video's <a href="https://www.aboutamazon.com/news/entertainment/what-is-x-ray-on-prime-video">existing X-Ray features</a>, which help viewers dive deeper into what they're watching by offering trivia and information about the cast, soundtrack, production details, and more.
"Prime Video product and technology teams work relentlessly behind the scenes to enhance customers' viewing experience, and with the creation of X-Ray Recaps, we're directly addressing a common problem customers face when streaming content: forgetting where they left off," said Adam Gray, vice president of product at Prime Video. "With this context-aware functionality, Prime Video will deliver summaries of memorable moments and important plot points so our customers can quickly jump back into what they were watching or rediscover why they fell in love with a series in the first place."

News

AMZN

'Prime Video's New Feature Uses Generative AI To Recap What You're Watching' - Amazon Blog

On the Earn Your Leisure podcast in 2021, <a href="https://www.benzinga.com/startups/24/10/41211519/they-would-turn-away-shaq-got-an-mba-because-people-disrespected-him-he-also-paid-for-15-of-his-frie">Shaquille O'Neal</a> shared a parenting philosophy that's equal parts tough love and humor.&nbsp;
Even with a net worth of $500 million, Shaq isn't handing out Teslas to his kids on a whim. His rule? They have to earn it. <a href="https://www.benzinga.com/personal-finance/24/09/40943843/we-aint-rich-im-rich-nba-legend-shaq-says-his-daughters-and-sons-dont-get-equal-treatment-my-boy">"We ain't rich, I'm rich,"</a> he famously told them, making it clear they need to work for what they want – especially his sons. He admits the girls get a bit of a pass, but his sons? They're expected to build their paths to success, with <a href="https://www.benzinga.com/personal-finance/24/08/40658562/nba-legend-shaq-tells-his-kids-in-order-to-get-my-cheese-you-have-to-present-me-with-two-degrees">multiple degrees and all</a>.
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This philosophy came into play one Christmas when Shaq's son brought home straight A's. Impressed, Shaq said, "Go pick what you want." His son shot his shot and came back with a Tesla request. Shaq's response? Pure gold: "You ain't getting no m&#x2A;&#x2A;&#x2A;&#x2A;&#x2A; f&#x2A;&#x2A;&#x2A;&#x2A;&#x2A;&#x2A; Tesla! You better take yo' a&#x2A;&#x2A; across the street to the Chargers. Better get you a Charger. A V-6 at that." The kid didn't get the Tesla, but he got the message: dream big, but stay grounded.
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
Shaq's stance on Teslas isn't just about keeping his kids humble. The 7'1" basketball legend has joked about Tesla's lack of space. In the past, he publicly called out Elon Musk, saying the sleek electric cars aren't made for someone his size.&nbsp;
But here's the kicker – Shaq now owns three Cybertrucks. And not just any Cybertrucks. Each one is customized to the max. He's got a black wrap, 26-inch rims, red underlighting and wide carbon-fiber flares on his rides. Musk even commented, "Nice," when Shaq shared his decked-out trucks online.
See Also: ‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –<a href="https://www.benzinga.com/money/mode-mobile-2"> invest today with $1,000 for just $0.25/share</a>
Shaq calls his latest model a "Cyberbeast" and claims it's the cleanest Cybertruck in the country. His reason for owning three? Pure convenience – <a href="https://www.benzinga.com/general/entertainment/24/08/40413674/nba-legend-shaq-missed-his-tesla-cybertruck-so-much-instead-of-shipping-it-from-vegas-to-at">he didn't want to bother shipping one</a> from Las Vegas to Atlanta, so he just picked up another.
In Shaq's world, a Cybertruck collection might be practical, but his kids getting luxury without effort? Not happening. The Charger may not have been his son's first choice, but for Shaq, it's a lesson that means more than the car itself.
Read Next:
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<li>According to Vanguard&#8217;s Advisor&#8217;s Alpha Study, working with a financial advisor can result in approximately 3% higher net returns annually,<a href="https://www.benzinga.com/money/3-percent-advantage-financial-advisor"> here are the benefits of partnering with a financial advisor and how to find the right one near you in minutes.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target –<a href="https://www.benzinga.com/money/mode-mobile-2"> You can still get 4,000 of its pre-IPO shares for just $1,000</a></li>
</ul>

Personal Finance

Shaq's Son Wanted A Tesla For Christmas After Getting Straight A's – 'You Ain't Getting No Tesla! You Better Get You A Charger, A V-6 At That'

As <a href="https://www.benzinga.com/topic/2024-presidential-election">Election Week 2024</a> is upon us, Wall Street is geared up for sector-specific shakeups, with JPMorgan's Bill Peterson spotlighting a decisive split in potential stock moves.
With a Democratic win likely to power up the clean energy sector and a Donald Trump victory poised to boost steel, the stakes are high for investors in metals, mining and clean tech.
<h1 class="wp-block-heading">A Harris Win: Green Light For Clean Tech Rally?</h1>
Should Vice-President Kamala Harris take the White House, expect a boost across clean tech stocks, especially those linked to electric vehicles (EV) and hydrogen.
Peterson points to EVgo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>), ChargePoint Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NASDAQ">CHPT</a>) and lithium players like Lithium Americas Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) and Piedmont Lithium Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) as likely to benefit from sustained clean energy initiatives.
Stocks like Plug Power Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) could also rally, riding on investor confidence that government spending won't dry up for sectors heavily backed by the Inflation Reduction Act and the Department of Energy's Loan Programs Office.
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<h1 class="wp-block-heading">Trump's Win: Steel's Comeback With A Dose Of Protectionism</h1>
A Trump victory could be a bullish setup for the steel sector, especially for domestic players like Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>), and Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), which would benefit from protectionist policies supporting U.S. steel pricing.
Peterson highlights that Trump's stance against the proposed acquisition of U.S. Steel by Nippon Steel Corp (OTCPK: NISTF) could keep the spotlight on domestic operators, while Trade Expansion Act Section 232 tariffs could make U.S. steel prices attractive.
Kaiser Aluminum Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALU#NASDAQ">KALU</a>) stands to gain over Constellium SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSTM#NYSE">CSTM</a>) if more tariffs come into play, thanks to Kaiser&#8217;s U.S. footprint.
<h1 class="wp-block-heading">Rare Earths &amp; Base Metals: Supply Security Takes The Stage</h1>
Regardless of the outcome, Western supply chain security remains a hot-button issue, favorably positioning rare earth and graphite players like MP Materials Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) and GrafTech International Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>).
For base metals, names like Alcoa Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) and Freeport-McMoRan Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) may see an impact from intensified China tariffs, with pricing ripple effects dependent on global stimulus responses.
With the election outcome set to shape market dynamics, these sectors have distinct paths forward. For now, it's a wait-and-see game for investors in metals, mining, and clean tech.
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</ul>
Photo: Shutterstock

Long Ideas

Commodities

Politics

Trading Ideas

CHPT

CSTM

EVGO

KALU

NISTF

PLUG

STLD

Trump Vs. Harris: EVgo, Cleveland-Cliffs, Plug Power, Nucor Brace For 2024 Election Impact

WIIM

PACS

PACS Group shares are trading lower following a Hindenburg Research report.

On Monday, Integra LifeSciences Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IART#NASDAQ">IART</a>) reported third-quarter adjusted EPS of $0.41, down from $0.76 a year ago, beating the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus of $0.39</a>.
The company reported sales of $380.83 million, beating the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g41708174/integra-lifesciences-reports-third-quarter-2024-financial-results" rel="noreferrer noopener">consensus of $375.78 million</a>.
Third-quarter revenues of $380.8 million decreased 0.4% on a reported basis and 8.6% on an organic basis compared to the prior year. Revenue decreased by 10.3% on an organic basis, excluding Boston.
Codman Specialty Surgical&nbsp;segment sales increased 1% to $270.8 million, representing an organic decline of 10.7%. Tissue Technologies revenues were $110.1 million, representing a reported decline of 3.6% and an organic decline of 3.7%.
CEO Transition: Integra also announced Mojdeh Poul as Integra&#8217;s next president and chief executive officer.
Ms. Poul succeeds Jan De Witte, who previously announced he will retire as president and chief executive officer. Ms. Poul will join Integra on January 6, 2025.
Guidance: Integra LifeSciences revises its 2024 revenue outlook to $1.609 billion—$1.619 billion, compared to prior guidance of $1.609 billion—$1.629 billion and the consensus of $1.612 billion.
The company expects 2024 adjusted EPS of $2.41-$2.49, compared to prior guidance of $2.41-$2.57 and the consensus of $2.45.
Integra forecasts fourth-quarter 2024 revenue of $441 million—$451 million and adjusted EPS of $0.81-$0.89, versus the consensus of $448.5 million and $0.87, respectively.
Fourth-quarter guidance reflects the integration of Acclarent, stepped-up revenue from progress clearing the third-quarter shipping holds, and improved production for Integra Skin, partially offset by additional quality holds.
Price Action: IART stock is up 24.30% at $23.97 at the last check on Monday.
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Earnings

Large Cap

Guidance

Health Care

Management

Movers

General

IART

Why Is Integra LifeSciences Stock Soaring On Monday?

Offerings

AFMD

Affimed N.V. Files For Mixed Shelf Offering Of Up To $20M

<a href="https://www.ftc.gov/system/files/ftc_gov/pdf/0327-20231031-REDACTEDSecondAmendedComplaint.pdf" title="https://www.ftc.gov/system/files/ftc_gov/pdf/0327-20231031-REDACTEDSecondAmendedComplaint.pdf">https://www.ftc.gov/system/files/ftc_gov/pdf/0327-20231031-REDACTEDSecondAmendedComplaint.pdf</a>

Legal

On October 31, 2024 FTC And A Coalition Of States Filed Lawsuit Against Amazon Alleging Monopolistic Practices, Citing Anti-Discounting Tactics, Secret Pricing Algorithm, And Coercion Through Fulfillment By Amazon's "Project Nessie"; Case Aims To Restore Competition And Protect Consumers From Inflated Prices And Reduced Choices

BofA Securities analyst Wamsi Mohan maintained a Buy rating on Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) with a price target of $256.
The rerating reflects the expected strong iPhone upgrade cycle in fiscal 2025 and 2026, driven by the need for the latest hardware to enable Gen AI features, higher growth in Services revenue, higher margins from more internally developed silicon, continuing capital returns, and AI features that can drive higher institutional ownership.
The price target is based on approximately 30 times Mohan&#8217;s calendar 2026 EPS of $8.47.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41551122/apples-q3-smartphone-sales-slip-despite-strong-iphone-16-demand-market-share-dropped-slightly" rel="noreferrer noopener">Apple&#8217;s Q3 Smartphone Sales Slip Despite Strong iPhone 16 Demand, Market Share Dropped Slightly</a>
The target multiple compares to the 5-year historical range of 16-34 times (median 27 times). He noted that a multiple at the higher end of the historical range is justified given a multi-year upgrade cycle, large cash balance, and opportunity to diversify into new end markets and increase the mix and diversity of services.
The analyst cited SensorTower data, App Store revenues in the first quarter (after 33 days) rose to $2.9 billion (up 14.5% Y/Y), with total iPhone + iPad downloads up 7.6% to 3.1 billion during the same period.
October alone saw global App Store revenue growth of 15.1%, with a 6.7% rise in China. Average revenue per download grew by 6.4% year-over-year, supporting the &#8220;Buy&#8221; rating. Mohan anticipates a multi-year iPhone upgrade cycle, expanding gross margins, and steady cash flows.
In App Store categories, entertainment revenue grew by 37% year-over-year, marking it as the second-largest and one of the fastest-growing categories. Gaming revenue reached $1.4 billion, making up 47% of total App Store revenue compared to 53% the previous year, reflecting diversification as non-gaming apps increase monetization. Notably, categories such as Entertainment (16%), Photo &amp; Video (7%), Social Networking (4%), and Productivity (3%) continue to grow, suggesting a broadening of revenue sources beyond gaming.
Mohan also noted the minimal impact of the EU Digital Markets Act (DMA) on Apple&#8217;s App Store downloads.
Although Google Chrome downloads in the EU rose by 123% year-over-year, totaling 15 million, this is a small portion of Apple&#8217;s EU device base. Overall, App Store downloads in the EU grew by 9%, while revenue increased by 28% year-over-year, indicating that consumer behavior remains steady post-DMA compliance.
For Apple&#8217;s total services revenue in the first fiscal quarter, Mohan anticipates 13% year-over-year growth, maintaining this outlook into the second quarter, highlighting the enduring strength of Apple&#8217;s Services segment as a positive long-term sign.
Price Action: AAPL stock is down 0.64% at $221.49 at last check Monday.
Photo: Andrey Bayda via Shutterstock
Also Read:
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<li><a href="https://www.benzinga.com/government/24/10/41399541/apple-iphone-16-sees-20-sales-surge-in-china-but-ai-absence-prompts-early-price-cuts" target="_blank" rel="noreferrer noopener">Apple iPhone 16 Sees 20% Sales Surge in China, But AI Absence Prompts Early Price Cuts</a></li>
</ul>

Analyst Color

Equities

Price Target

Reiteration

Analyst Ratings

AAPL

Apple's Services And Silicon Strategy To Fuel Margins, Justify High Valuation: Analyst

GTLS

Chart Industries shares are trading higher after Stifel maintained a Buy rating on the stock and raised its price target from $198 to $200. Also, Craig-Hallum maintained a Buy rating on the stock and raised its price target from $199 to $207.

On Monday,&nbsp;Zoetis Inc&#8217;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>) third-quarter 2024 adjusted EPS increased 16% year over year to $1.58, beating the <a target="_blank" href="https://www.benzinga.com/pro/feature/newsfeed" rel="noreferrer noopener">consensus of $1.46</a>.
The animal health firm reported sales of $2.39 billion, up 11%, beating the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41709533/zoetis-announces-third-quarter-2024-results" rel="noreferrer noopener">consensus of $2.29 billion</a>.
On an operational&nbsp;basis, revenue for the third quarter of 2024 increased 14% compared with the third quarter of 2023.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40959456/elancos-dermatology-treatment-secures-fda-approval-for-itchy-dogs-analyst-highlight" rel="noreferrer noopener">Elanco&#8217;s Dermatology Treatment Secures FDA Approval For Itchy Dogs, Analyst Highlights Label Warnings And Efficacy</a>
&#8220;Building on the strong momentum from the first half of the year, we are proud to have delivered another excellent quarter, fueled by our diverse, durable, and science-driven portfolio and our customer obsession that underscore our market leadership,&#8221; said Kristin Peck, Chief Executive Officer of Zoetis.
&#8220;We achieved 15% revenue growth in the U.S. and 13% operational revenue growth internationally, with both our companion animal and livestock portfolios seeing impressive global operational growth, 15% and 11%, respectively.&#8221;
Guidance: Zoetis raised its 2024 revenue guidance to $9.2 billion—$9.3 billion, <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40197088/animal-health-firm-zoetis-clocks-strong-q2-earnings-companion-animal-operations-boo" rel="noreferrer noopener">compared to prior guidance</a> of $9.1 billion—$9.25 billion and consensus of $9.194 billion. This is equivalent to an operational growth of 10% %- 11%.
Zoetis raised the 2024 adjusted EPS to $5.86-$5.92 versus prior guidance of $5.78-$5.88 and consensus of $5.82.
The company sees an adjusted net income of $2.67 billion-$2.695 billion, reflecting operational growth of 13.5%-14.5, with a reported net income of net income between $2.435 billion-$2.450 billion.
William Blair writes, &#8220;We view companion animal as the main driver of sentiment for shares and were encouraged to see 15% global growth in the segment despite concerns about competition and end-market noise.&#8221;
The analyst reaffirms an Outperform rating based on Zoetis&#8217;s third-quarter results, which initially appear to support the expectation for double-digit EPS growth in 2025.
Guidance and insights for 2025 provided during 2024 earnings will be the main factor driving valuation growth, William Blair analyst writes.
Price Action: ZTS stock is down 3.88% at $174.86 at last check Monday.
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</ul>
Photo by huoadg5888 via <a href="https://pixabay.com/photos/pets-cat-dog-animals-mammals-3715733/">Pixabay</a>

Zoetis Q3 Earnings Beat, Companion Animal Segment Growth Gives Confidence Into 2025: Analyst

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Monday.
The Dow traded down 0.48% to 41,849.82 while the NASDAQ fell 0.10% to 18,220.82. The S&amp;P 500 also fell, dropping, 0.17% to 5,719.28.
Check This Out: <a href="https://www.benzinga.com/news/24/10/41653495/top-2-real-estate-stocks-you-may-want-to-dump-this-quarter">Top 2 Real Estate Stocks You May Want To Dump This Quarter</a>
Leading and Lagging Sectors Energy shares rose by 1.5% on Friday.
In trading on Friday, utilities shares fell by 1.3%.
Top Headline
Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) shares dipped over 10% on Monday after the company reported third-quarter results and revised its FY24 adjusted EPS guidance, which is below estimates.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) shares shot up 87% to $2.54 after the company announced preliminary third-quarter financial results.</li>
<li>Shares of Neurogene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) got a boost, surging 42% to $65.63 after the company entered a securities purchase agreement for a PIPE investment, expected to bring in gross proceeds of $200 million.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) shares were also up, gaining 57% to $2.9882 after the company announced its RHyno project secured a €34.5 million grant from the EU Innovation Fund to advance fuel cell and hydrogen technology.</li>
</ul>
Equities Trading DOWN
<ul>
<li>1847 Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#NYSE">EFSH</a>) shares dropped 39% to $0.2830. The company on Friday announced a 1-for-15 reverse stock split of its common shares, effective November 11.</li>
<li>Shares of The E.W. Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) were down 36% to $2.2499 following downbeat quarterly earnings.</li>
<li>Centrus Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) was down, falling 26% to $80.63 after the company announced an offering of $350 million in convertible senior notes due 2030.</li>
</ul>
Commodities In commodity news, oil traded up 3% to $71.57 while gold traded down 0.1% at $2,746.70.
Silver traded down 0.3% to $32.590 on Monday, while copper rose 1.2% to $4.4245.
Euro zone
European shares closed mostly lower today. The eurozone's STOXX 600 fell 0.33%, Germany's DAX fell 0.44% and France's CAC 40 fell 0.37%. Spain's IBEX 35 Index fell 0.32%, while London's FTSE 100 rose 0.29%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Hong Kong's Hang Seng Index gaining 0.30%, China's Shanghai Composite Index gaining 1.17% and India's BSE Sensex falling 1.18%.
Economics
U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
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<li><a href="file:///C:/Users/Avi%20Kapoor/Desktop/Benzinga/Top%202%20Utilities%20Stocks%20That%20May%20Crash%20This%20Quarter">Top 2 Utilities Stocks That May Crash This Quarter</a></li>
</ul>

Eurozone

Intraday Update

EFSH

NGNE

NUWE

Crude Oil Gains 3%; Constellation Energy Shares Tumble After Q3 Results

The cannabis capital markets are getting ready for what could be their most transformative period. With the <a href="https://www.benzinga.com/topic/2024-election">2024 election</a> cycle underway, changes in the regulatory landscape could significantly boost investor confidence and support the industry's growth in 2025. As MJBiz Daily <a href="https://mjbizdaily.com/cannabis-capital-markets-could-thrive-in-2025-after-election/">reported</a>, although <a href="https://www.benzinga.com/topic/cannabis-stocks">marijuana stocks</a>, including the AdvisorShares Pure US Cannabis ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSOS#NYSE">MSOS</a>), remain 85% below their all-time highs, a maturing market <a href="https://www.benzinga.com/markets/cannabis/24/10/41317597/cannabis-industry-set-to-hit-32b-in-2024-says-economist-with-potential-to-double-in-coming-years">valued at $32.1 billion</a> in 2024 is positioning itself for new growth.
<h3 class="wp-block-heading">Election Momentum And Market Evolution</h3>
In recent years, cannabis investors have eagerly anticipated reforms to federally <a href="https://www.benzinga.com/topic/cannabis-legalization">legalize or regulate</a> cannabis. Following the 2020 election, optimism surged, especially with the Biden administration's promise of <a href="https://www.benzinga.com/markets/cannabis/24/03/37552483/biden-calls-for-cannabis-reform-in-state-of-the-union-a-historic-first-no-one-should-be-jailed-f">federal cannabis reform</a>. Yet, as inflation rose and interest rates climbed in 2022, optimism decreased and the cannabis market's growth stumbled. A temporary spike in marijuana use during the pandemic left many mature markets with inflated expectations, which led to year-over-year sales declines in legacy markets like <a href="https://www.benzinga.com/topic/california-cannabis">California</a> and <a href="https://www.benzinga.com/topic/colorado-cannabis">Colorado</a>.
<h3 class="wp-block-heading">Promising Catalysts: Rescheduling and Banking Reform</h3>
A key regulatory milestone on the horizon is <a href="https://www.benzinga.com/topic/cannabis-rescheduling">federal rescheduling</a>, which would remove cannabis from its Schedule 1 classification. This change would lift the heavy <a href="https://www.benzinga.com/markets/cannabis/24/10/41318914/almost-every-major-cannabis-company-could-see-positive-cash-flow-if-280e-is-removed-in-2025">Section 280E</a> tax burden that prevents cannabis businesses from deducting essential business expenses. Coupled with the possible passage of the <a href="https://www.benzinga.com/topic/secure-and-fair-enforcement-safe-banking-act">SAFER Banking Act</a>, which would grant cannabis companies access to traditional banking services, these reforms could reshape the industry and spur a capital boom.
"These reforms could drive a capital markets boom," says Tiby Erdely, a veteran cannabis industry investor. Easier access to banking and fair tax treatment would pave the way for stronger balance sheets and more sustainable growth, giving investors renewed confidence in cannabis as a sector.
<h3 class="wp-block-heading">Strategic Focus: Identifying Strong Operators</h3>
The cannabis industry's turbulent landscape has made profitability paramount. Mature states face fierce competition due to market consolidation, but this environment reveals the strongest operators. According to Erdely, "When capital was freely flowing, distinguishing top-tier talent was difficult. But in today's environment, where profitability is paramount, the best operators are easier to spot."
Meanwhile, emerging adult-use markets offer fresh opportunities, with states transitioning from medical-only markets presenting a surge in addressable market size. Limited-license regimes in these states provide competitive advantages for businesses that secure licenses, boosting potential returns on investment.
<h3 class="wp-block-heading">Investor Priorities: Profitability And Differentiation</h3>
Today's cannabis investors are <a href="https://www.benzinga.com/markets/cannabis/24/10/41191131/cannabis-industrys-real-success-formula-profits-reputation-and-scalability-says-expert">highly selective</a>, seeking well-managed companies with experienced leadership, growth potential and scalable operations. Businesses that can sustain their competitive edge through intellectual property protections or unique business models stand out to investors. "Companies with a solid moat—whether it's around their IP or their unique business model—are particularly attractive," Erdely explains.
Brands with growing market share and innovative strategies, particularly those leveraging the rise of <a href="https://www.benzinga.com/topic/cannabis-beverages">cannabis beverages</a>, add resilience to competitive markets. The expanding <a href="https://www.benzinga.com/markets/cannabis/24/07/39610764/intoxicating-hemp-products-face-regulatory-crackdown-across-multiple-states">intoxicating hemp</a> industry has fueled growth in this segment, giving cannabis beverages a unique edge in the marketplace.
<h3 class="wp-block-heading">For Cannabis Businesses: Emphasis On Strategic Capital Management</h3>
For businesses looking to raise capital, strategic positioning is essential. Investors are focused on profitability and valuations should be <a href="https://www.benzinga.com/markets/cannabis/24/10/41609505/dont-be-fooled-by-flashy-numbers-read-between-the-lines-with-this-guide-to-cannabis-earnings-rep">carefully compared</a> with public and private benchmarks. With high capital costs in today's market, businesses are encouraged to prioritize financial discipline and only pursue external investment if growth prospects justify it.
Erdely's advice to cannabis operators is clear: "The path ahead requires careful planning and financial discipline. It's a costly time to raise capital, so businesses should focus on profitability unless growth demands external investment."
<h3 class="wp-block-heading">Historic Opportunity On the Horizon?</h3>
While challenges remain, such as regulatory ambiguity and shifting consumer trends, Erdely sees 2025 as a promising period for the cannabis industry. With federal reform and banking access potentially around the corner, the opportunity for investors and businesses alike to capitalize on a maturing cannabis market may soon be unparalleled. For those who have long anticipated the industry's full potential, the coming year could mark a historic turning point.
Cover image made with AI

Cannabis

MSOS

Marijuana Capital Markets: Bright 2025 Outlook Amid Regulatory Shifts

B. Riley Securities analyst Mike Crawford maintains Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) with a Buy and lowers the price target from $12.25 to $9.25.

CMTL

B. Riley Securities Maintains Buy on Comtech Telecom, Lowers Price Target to $9.25

B. Riley Securities analyst Jeff Van Sinderen maintains Celsius Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) with a Buy and lowers the price target from $50 to $47.

CELH

B. Riley Securities Maintains Buy on Celsius Holdings, Lowers Price Target to $47

B. Riley Securities analyst Madison El-Saadi maintains WAVE Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WVE#NASDAQ">WVE</a>) with a Buy and raises the price target from $19 to $22.

B. Riley Securities Maintains Buy on WAVE Life Sciences, Raises Price Target to $22

Westlake Chemical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLKP#NYSE">WLKP</a>) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Westlake Chemical to report an earnings per share (EPS) of $0.37.
The announcement from Westlake Chemical is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Performance in Previous Earnings</h3>
Last quarter the company missed EPS by $0.02, which was followed by a 1.35% drop in the share price the next day.
Here's a look at Westlake Chemical's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.43</td>
<td>0.45</td>
<td>0.45</td>
<td>0.44</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.41</td>
<td>0.42</td>
<td>0.41</td>
<td>0.37</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.0%</td>
<td>2.0%</td>
<td>0.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730743353_0.png" alt="eps graph" />
<h3>Tracking Westlake Chemical's Stock Performance</h3>
Shares of Westlake Chemical were trading at $22.35 as of November 01. Over the last 52-week period, shares are up 2.82%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/WLKP/earnings">To track all earnings releases for Westlake Chemical visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

WLKP

Earnings Outlook For Westlake Chemical

Global Business Travel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTG#NYSE">GBTG</a>) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Global Business Travel to report an earnings per share (EPS) of $-0.03.
The announcement from Global Business Travel is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Earnings Track Record</h3>
Last quarter the company beat EPS by $0.09, which was followed by a 5.54% drop in the share price the next day.
Here's a look at Global Business Travel's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.03</td>
<td>0.04</td>
<td>-0.03</td>
<td>0</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.06</td>
<td>-0.04</td>
<td>-0.10</td>
<td>-0.02</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-6.0%</td>
<td>-1.0%</td>
<td>-2.0%</td>
<td>-2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730743346_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Global Business Travel were trading at $7.83 as of November 01. Over the last 52-week period, shares are up 39.46%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analysts' Perspectives on Global Business Travel</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Global Business Travel.
Analysts have given Global Business Travel a total of 3 ratings, with the consensus rating being Buy. The average one-year price target is $9.5, indicating a potential 21.33% upside.
<h3>Comparing Ratings with Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of and Hilton Grand Vacations, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Neutral trajectory for Hilton Grand Vacations, with an average 1-year price target of $41.83, indicating a potential 434.23% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
In the peer analysis summary, key metrics for and Hilton Grand Vacations are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Global Business Travel</td>
<td>Buy</td>
<td>5.57%</td>
<td>$378M</td>
<td>2.18%</td>
</tr>
<tr>
<td>Hilton Grand Vacations</td>
<td>Neutral</td>
<td>22.64%</td>
<td>$328M</td>
<td>0.10%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Global Business Travel ranks higher than its peers in terms of Revenue Growth and Gross Profit, indicating strong performance in these areas. However, it lags behind in terms of Return on Equity, suggesting lower profitability compared to its peers. Overall, Global Business Travel is positioned in the middle among its peers based on the provided metrics.
<h3>Get to Know Global Business Travel Better</h3>
Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.
<h3>Global Business Travel's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Global Business Travel showcased positive performance, achieving a revenue growth rate of 5.57% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Global Business Travel's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 4.16%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Global Business Travel's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.18%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Global Business Travel's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.68%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Global Business Travel's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.18.
<a href="https://www.benzinga.com/quote/GBTG/earnings">To track all earnings releases for Global Business Travel visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GBTG

What to Expect from Global Business Travel's Earnings

iRobot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.
Analysts are estimating that iRobot will report an earnings per share (EPS) of $-0.06.
The announcement from iRobot is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Overview of Past Earnings</h3>
Last quarter the company missed EPS by $0.19, which was followed by a 3.45% increase in the share price the next day.
Here's a look at iRobot's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-1.77</td>
<td>-2</td>
<td>-2.11</td>
<td>-1.67</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-1.96</td>
<td>-1.53</td>
<td>-1.82</td>
<td>-2.82</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.0%</td>
<td>21.0%</td>
<td>-3.0%</td>
<td>-4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730743335_0.png" alt="eps graph" />
<h3>Market Performance of iRobot's Stock</h3>
Shares of iRobot were trading at $9.55 as of November 01. Over the last 52-week period, shares are down 69.91%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/IRBT/earnings">To track all earnings releases for iRobot visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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