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My Size

My Size Inc is a USA based technology company that focuses on the development of an application that assists the consumer to accurately take the measurements of his or her own body to fit clothing without the need to try them on using a smartphone. The purpose of the company's business is to simplify the process of clothing acquisition through the Internet and to significantly reduce the rate of returns of clothing which were acquired through the internet and which are returned to the stores because of ill-fitting. The company generates its revenue through selling products to customers, and licensing cloud-enabled software subscriptions, associated software maintenance and support.

My Size Inc

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IPOs

DRDBU

Reported Earlier, Roman DBDR Acquisition Corp. II Closes $200M IPO, Targeting Opportunities In Cybersecurity, AI, And Fintech Sectors

Strengthening its portfolio with a high-value wellness and luxury commodity, Davis Commodities takes another strategic step toward market diversification.

DTCK

Davis Commodities Inks $15M MOU For Exclusive Agarwood Oil Distribution With Dadvance Agarwood Solutions

Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules
Sandoz takes further steps to resolve legacy US generic drug antitrust class action litigation
<ul>
<li>Sandoz US has entered into a settlement agreement with the class of end payer plaintiffs for USD&nbsp;275 million</li>
<li>Provision of USD 265 million taken to cover potential additional settlement costs with regard to the US generic drug industry antitrust litigation</li>
<li>No impact on current Sandoz full-year 2024 and mid-term guidance</li>
</ul>

SDZNY

Sandoz Takes Major Steps Toward Legacy Antitrust Resolution With $275M Settlement And Additional $265M Provision

"It's essential for us to be able to create value from the vast amount of data at our disposal so that we can both enable precise targeting for advertisers while also enhancing the user experience we provide," said Dinesh Joshi, Vice President, Product Monetisation &amp; Analytics, NDTV. "Leveraging Magnite Audiences is helping us tap into new revenue streams and increase the attractiveness of our ad offerings, while bringing more personalisation to our readers and viewers."

MGNI

Magnite Launches Audience Activation Solution In India And Southeast Asia To Redefine Ad Targeting

XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) became the best-performing large-cap cryptocurrency Monday following the launch of Ripple Labs' USD-backed stablecoin RLUSD.
What happened: The payments-focused cryptocurrency rose 3.51% in the last 24 hours, outpacing the returns of 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>).
With the latest push, XRP's monthly gains zoomed to 138%, the biggest among cryptocurrencies in the top 10 by market capitalization.
The rally was likely powered by significant buying interest from whale investors. Noted cryptocurrency analyst Ali Martinez highlighted that whales purchased over 830 million XRP, worth over $2 billion at prevailing market prices.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Whales have purchased over 830 million <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> in the last 24 hours! <a href="https://t.co/KzNds2CVdf">pic.twitter.com/KzNds2CVdf</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1868753464559624445?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today"> If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here&#8217;s How Much You&#8217;d Have Today</a>
The <a href="https://in.tradingview.com/symbols/SHIBUSD/technicals/">readings</a> of moving averages supported the coin&#8217;s bullish potential. XRP's price was greater than nearly all of its exponential moving averages and simple moving averages, indicating that investors&#8217; current expectations are higher than their average expectations over the past period.
However, the Moving Average Convergence Divergence indicator, which compares two exponential moving averages, flashed a ‘Sell' signal.&nbsp;
The Bull Bear Power indicator, used for measuring the strength of buyers and sellers in the market, was ‘Neutral" as of this writing.
Moreover. XRP's Open Interest, a measure of its speculative interest, rose 5.26% in the last 24 hours and nearly 450% since Nov. 5, the presidential election day, data from Coinglass revealed.
About 75% of all Binance traders with an open interest were positioned long on the asset, signaling the expectation of further upsides.
Why It Matters: Optimism around XRP was tied to several factors, with the most notable being the launch of RLUSD from Ripple, a payments company that uses XRP for its operations.
Ripple President Monica Long said Monday that the release marked a new chapter for the XRP Ledger, the blockchain technology powering Ripple's operations.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The release of RLUSD marks a new chapter – both for the XRP Ledger, as well as <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw">@Ripple</a> for use in our $70B+ payments flows. Combining our 10+ yrs in the business; the rigor &amp; compliance required with stablecoin issuance by a <a href="https://twitter.com/NYDFS?ref_src=twsrc%5Etfw">@NYDFS</a> chartered company; and an experienced Advisory…
&mdash; Monica Long (@MonicaLongSF) <a href="https://twitter.com/MonicaLongSF/status/1868697568659566949?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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Ripple planned to <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42513240/xrp-price-up-4-as-ripple-announced-rlusd-launch-for-tuesday">position RLUSD for a range of financial applications</a>, including instant cross-border settlements, Treasury operations, and integration with decentralized finance protocols.
Furthermore, with SEC Chair Gary Gensler&#8217;s tenure coming to an end and being <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42323248/trump-nominates-paul-atkins-as-sec-chair-emphasizing-digital-assets-as-key-to-making-america-greater">succeeded </a>by cryptocurrency-friendly Paul Atkins, investors feel more confident about XRP.
Ripple has been locked in a nearly <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40240559/xrp-outshines-bitcoin-ethereum-to-become-biggest-daily-gainer-after-judge-imposes-125m-pen">four-year-long legal battle</a> with the SEC over the status of XRP, and any change in the agency&#8217;s top leadership is viewed with optimism.
Price Action:&nbsp; At the time of writing, XRP was exchanging hands at $2.49, up 3.65% 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>.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/personal-finance/financial-advisors/24/12/42517262/most-crypto-foward-ria-slams-bitcoin-forecasts-from-michael-saylor-others-disvalues-it-to-me">&#8216;Most Crypto-Foward&#8217; RIA Slams Bitcoin Forecasts From Michael Saylor, Others: &#8216;Disvalues It To Me&#8217;</a></li>
</ul>

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

Cryptocurrency

Markets

$BTC

$ETH

$XRP

XRP Outshines Bitcoin, Ethereum Following RLUSD Launch — Derivatives Traders Amp Up Bets For Coin Even As Whales Load Up

Precision Neuroscience has successfully raised $102 million in its latest funding round. This New York-based company is working on a brain-computer interface that allows users to control devices like smartphones and computers using their thoughts.
What Happened: The latest investment has increased Precision&#8217;s valuation to approximately $500 million, surpassing the $75 million raised by Synchron, another player in the BCI field, <a href="https://www.ft.com/content/67187e59-a708-45e4-9112-7fd4e9b68e63">reported</a> the Financial Times.
Despite this, the industry is still <a href="https://www.benzinga.com/news/24/07/39728003/elon-musk-says-over-1-000-neuralink-chip-implantations-achievable-in-2026">largely dominated</a> by Elon Musk&#8217;s Neuralink, which has secured over $600 million in funding.
See Also: <a href="https://www.benzinga.com/news/global/24/12/42499566/google-willow-nvidias-china-troubles-trump-on-ai-and-more-this-week-in-artificial-intelligence?itm_source=parsely-api">Google Willow, Nvidia&#8217;s China Troubles, Trump On AI, And More: This Week In Artificial Intelligence</a>
BCI devices leverage artificial intelligence to interpret brain signals and control computers. Neuralink has already implanted electrodes in two individuals, enabling them to play video games and use design software.
Precision&#8217;s device, temporarily used on 27 patients during neurosurgery, aims to offer a less invasive procedure.
Why It Matters: The BCI market is heating up with Neuralink setting ambitious goals. Musk has previously announced plans to achieve 1,000 brain chip implantations by 2026.
He has also previously indicated that <a href="https://www.benzinga.com/news/24/10/41591053/elon-musk-says-neuralink-brain-implants-could-cost-as-little-as-an-apple-watch-we-do-have-a-game-pla">Neuralink&#8217;s brain implants</a> could eventually be as affordable as an Apple Watch, priced between $1,000 and $2,000.
Earlier this year it was reported that another Neuralink competitor, Paradromics, is also preparing for <a href="https://www.benzinga.com/news/24/06/39432738/elon-musks-neuralink-rival-paradromics-gears-up-for-human-trials-of-brain-implant">human trials of its brain implant</a>, aiming to facilitate high-speed communication with multiple neurons.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/12/42479401/nancy-pelosis-stock-pick-broadcom-shoots-15-in-friday-pre-market-as-broadcom-ceo-sees-opportunity-over-the-next-3-years-in-ai?itm_source=parsely-api">Nancy Pelosi&#8217;s Stock Pick Broadcom Shoots 15% In Friday Pre Market As Broadcom CEO Sees &#8216;Opportunity Over The Next 3 Years In AI&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Health Care

Tech

Media

Elon Musk's Neuralink Faces Fierce Competition As Precision Neuroscience Raises $102 Million To Advance Thought-Controlled Devices

On Monday, OpenAI announced that it is extending the ChatGPT Search engine to all users, including those on the free tier. The AI search engine was initially launched for paid subscribers in October.
What Happened: As part of its latest announcement under the &#8220;<a href="https://www.benzinga.com/tech/24/12/42332451/sam-altman-teases-12-days-of-openai-christmas-magic-users-predict-unveiling-of-sora-o1-reasoning-model-and-more">12 Days of OpenAI</a>&#8221; Livestream, the AI startup also introduced an optimized version of the search feature for mobile users and the ability to search using advanced voice mode.
One of the key improvements for mobile search is the presentation of ChatGPT as a conventional search engine.
When users search for a specific location, such as restaurants or local attractions, ChatGPT will display a list of results with corresponding images, ratings, and hours of operation.
See Also: <a href="https://www.benzinga.com/24/12/42495770/trump-transition-team-advocates-for-abolishing-car-crash-reporting-rule-tesla-stands-to-gain?itm_source=parsely-api">Trump Transition Team Advocates For Abolishing Car-Crash Reporting Rule, Tesla Stands To Gain: Report</a>
Another update aims to speed up ChatGPT search for specific types of sites, like &#8220;hotel booking websites.&#8221; Instead of immediately generating a response, ChatGPT will first present links to websites before providing more detailed information about each option.
ChatGPT can now also automatically provide real-time information from the web when using Advanced Voice Mode, although this feature is only available to paid users.
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<iframe loading="lazy" title="Search—12 Days of OpenAI: Day 8" width="500" height="281" src="https://www.youtube.com/embed/OzgNJJ2ErEE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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OpenAI&#8217;s ChatGPT has also been <a href="https://www.benzinga.com/tech/24/12/42378596/openais-chatgpt-makes-headway-in-search-threatening-googles-reign">gaining traction</a>, with a survey earlier this month revealing that it was the favored search provider for 5% of respondents, an increase from 1% in June.
In previous livestreams, OpenAI also announced the launch of its <a href="https://www.benzinga.com/24/12/42398825/sam-altman-calls-openais-new-video-generator-so-compelling">text-to-image model</a> Sora and a <a href="https://www.benzinga.com/tech/24/12/42356469/openai-unveils-200-chatgpt-pro-subscription-inside-the-o1-reasoning-model-and-what-it-means-for-power-users">$200 per month</a> ChatGPT Pro subscription.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: OpenAI&#8217;s SearchGPT <a href="https://www.benzinga.com/news/24/09/41087674/openais-searchgpt-set-to-disrupt-googles-search-empire-as-former-engineer-sounds-alarm-on-deteriorat">has been poised to disrupt</a> Alphabet Inc-owned (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google&#8217;s search empire. In 2023, Google Search accounted for $175.0 billion, or 73.6%, of Alphabet&#8217;s total advertising revenue, which reached $237.9 billion.
ChatGPT Search and Google Search differ in purpose. ChatGPT provides personalized, context-aware responses through conversation, while Google quickly retrieves diverse content using relevance-focused algorithms.
Despite real-time search updates, ChatGPT lacks Google's depth and advanced capabilities. Similarly, despite AI Overviews in play, Google Search doesn&#8217;t offer users the convenience of conversational dialogues.
Meanwhile, Google also faces increased competition from Jeff Bezos-backed AI startup Perplexity. This AI-driven search engine has grown substantially, with <a href="https://www.benzinga.com/general/entrepreneurship/24/08/40292703/perplexity-ais-revenue-usage-skyrocket-as-it-enters-into-advertising">250 million questions answered in July</a>, surpassing the 500 million queries it handled the previous year.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42514226/shiba-inu-burn-rate-surges-3609-as-dogecoin-whales-move-5-8-billion-doge-what-is-going-on?itm_source=parsely-api">Shiba Inu Burn Rate Surges 3,609% As Dogecoin Whales Move 5.8 Billion DOGE: What Is Going On?</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

AMZN

GOOG

GOOGL

ChatGPT Search Goes Free: OpenAI Challenges Google's Unbroken Search Dominance

U.S. auto safety regulator National Highway Traffic Safety Administration (NHTSA) said on Monday that it has finalized a rule requiring new passenger vehicles to sound a warning if rear-seat passengers do not <a href="https://www.benzinga.com/news/24/09/40706822/nhtsa-closes-probe-into-1-3m-gm-vehicles-over-seat-belt-safety-concerns">use a seat belt</a> starting in Sept. 2027.
What Happened: The rule also requires enhanced warnings if front seat belts aren&#8217;t fastened, the agency said, while adding that it expects the new rule to prevent over 500 injuries and save about 50 lives per year once fully implemented. The new rule applies to passenger cars, trucks, buses, and multipurpose passenger vehicles weighing up to 10,000 pounds. 
Previously, the rule mandated a seat belt warning only for the driver&#8217;s seat. 
However, now, manufacturers need to issue enhanced seat belt warnings if front seat passengers are not strapped in starting from Sept. 1, 2026, and rear seat&nbsp;belt warnings starting Sept. 1, 2027.
Why It Matters: "While seat belt use has improved for decades, there's still more we can do to make sure everyone buckles up. These new requirements will help to increase seat belt use, especially for rear seat passengers, by enhancing reminders for vehicle occupants to buckle up,"&nbsp;NHTSA Chief Counsel Adam Raviv said. Passengers sitting in the front seats are more likely to don a seat belt than those in the rear seats, according to NHTSA. 
Seat belt warning systems use both visual and audible signals to urge passengers to wear seat belts. As <a href="https://www.benzinga.com/government/regulations/24/11/41867551/tesla-faces-nhtsa-scrutiny-over-social-media-promotion-of-fsd-technology-that-shows-disengaged-driver-behavior">per the agency</a>, about half of all passenger vehicle occupants who died in crashes in 2022 were not strapped in.
Photo Courtesy: Lightpoet on Shutterstock.com
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42481346/spacex-eyes-turning-its-starbase-site-into-a-city" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s SpaceX Wants To Turn Its Starbase Site Into A City</a></li>
</ul>

Government

Regulations

New US Cars To Sound Warnings If Rear passengers Fail To Fasten Seat Belts: 'More We Can Do To Make Sure Everyone Buckles Up'

The Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) ecosystem announced an exclusive airdrop of its newly launched meme coin Shifu (SHIFU) on Monday to reward its loyal community members.
What Happened: &#8220;According to a post on the official Shiba Inu account, anyone holding 100,000 SHIB tokens and 100 Bubble (BUBBLE) tokens—the native cryptocurrency of the Imaginary Ones ecosystem, with which Shiba Inu launched the meme coin—will have access to approximately 22% of the supply
Additionally, 4% of the supply would be reserved&nbsp;for holders of Shib Games,&nbsp;Doge Killer (LEASH), Bone ShibaSwap (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONE</a>), and Shiboshi &amp; Sheboshi non-fungible tokens.
Moreover, 4% of the supply would be set aside for participants of the Imaginary Ones Carnival &amp; NFTs.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">SHIFU, a groundbreaking partnership between Shiba and Imaginary Ones, is bringing an incredible airdrop exclusively for our loyal Shib community! &#x1f31f; Here's how the airdrop supply will be distributed: 22% Supply: Hold 100,000 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> + 100 <a href="https://twitter.com/search?q=%24BUBBLE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BUBBLE</a> to qualify. 4% Supply: Reserved… <a href="https://t.co/4cp5UieUzs">pic.twitter.com/4cp5UieUzs</a>
&mdash; Shib &#x7C; TreatYourself Season (@Shibtoken) <a href="https://twitter.com/Shibtoken/status/1868782244208181315?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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See Also:&nbsp;<a href="https://www.benzinga.com/24/12/42522606/trump-is-serious-about-creating-a-bitcoin-reserve-says-microstrategys-michael-saylorurges-to-buy-btc-before-it-goes-up-by-100x">Trump Serious About Bitcoin Reserve, Says MicroStrategy&#8217;s Michael Saylor: &#8216;Buy It Now And Own The Future&#8217;</a>
Why It Matters: SHIFU was the latest entrant to the expanding ecosystem of Shiba Inu, with Shytoshi Kusama, the project&#8217;s mysterious lead, actively working with Kaal Dhairya, another key figure of the ecosystem, and the Imaginary Ones team to set it in motion.
Imaginary Ones is a blockchain-based platform that uses digital art, gaming, and NFTs to create an interactive ecosystem.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24SHIFU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIFU</a>, a collaboration between <a href="https://twitter.com/Imaginary_Ones?ref_src=twsrc%5Etfw">@Imaginary_Ones</a> &amp; <a href="https://twitter.com/Shibtoken?ref_src=twsrc%5Etfw">@Shibtoken</a>, has been in the making for months. When planning it with <a href="https://twitter.com/ShytoshiKusama?ref_src=twsrc%5Etfw">@ShytoshiKusama</a> and <a href="https://twitter.com/kaaldhairya?ref_src=twsrc%5Etfw">@kaaldhairya</a>, we often asked ourselves: How will this benefit the Shib and IO armies? Community has always been our top priority. If we aim… <a href="https://t.co/8TDYL2Ys4G">pic.twitter.com/8TDYL2Ys4G</a>
&mdash; Clement $BUBBLE &#x1f308; Imaginary Ones &#x1fae7;&#x1fae7;&#x1fae7;&#x1fae7; (@cmttat) <a href="https://twitter.com/cmttat/status/1868501411652383058?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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A cryptocurrency airdrop is a marketing stunt in which a blockchain project sends free tokens to user wallets, mostly to existing users, to promote the spread of the new cryptocurrency.
Price Action:&nbsp; Shiba Inu tokens responded with varying degrees to the development. SHIB, the major meme currency, dropped 2.3% in the last 24 hours, BONE slipped 0.9%, while LEASH rallied 6.6% 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>.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42522380/bitcoin-bubble-bigger-than-the-dot-com-era-as-apex-cryptos-valuation-tops-2-trillion-peter-schiff">Bitcoin Bubble Bigger Than The Dot-Com Era As Apex Crypto&#8217;s Valuation Tops $2 Trillion: Peter Schiff</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$BONE

$SHIB

New Meme Coin From Shiba Inu Ecosystem Up For Grabs: Here's How Much SHIB, LEASH, BONE Holders Can Expect

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) faces renewed scrutiny over its warehouse safety practices following a Senate investigation that claims the e-commerce giant manipulated injury data and prioritized speed over worker safety, <a href="https://www.benzinga.com/news/global/24/12/42501141/amazon-faces-strike-threat-over-labor-disputes-as-teamsters-push-for-fair-contract-ahead-of-crucial-holiday-season">allegations the company strongly disputes</a>.
What Happened: A 160-page report released on Sunday by Sen. Bernie Sanders (I-Vt.), chair of the Senate Committee on Health, Education, Labor and Pensions, found Amazon warehouses recorded 30% more injuries than the industry average in 2023, with workers nearly twice as likely to be injured compared to other warehouse employees.
&#8220;Amazon's self-assessment is disturbingly inaccurate and that the company operates uniquely dangerous warehouses—knowingly allowing unsafe conditions that injure workers and failing to fix those unsafe conditions if doing so could hurt the company's bottom line,&#8221; the report said. 
The investigation claims Amazon&#8217;s productivity quotas force workers to &#8220;move in unsafe ways&#8221; and repeat movements thousands of times per shift, leading to musculoskeletal disorders. The report also alleges the company &#8220;actively discourages&#8221; injured workers from seeking outside medical care.
Amazon sharply rejected these findings in a detailed response, stating the investigation &#8220;wasn&#8217;t a fact-finding mission, but rather an attempt to collect information and twist it to support a false narrative.&#8221; The company reports it reduced its recordable incident rate by 28% and lost time incident rate by 75% between 2019 and 2023.
See Also: <a href="https://www.benzinga.com/markets/equities/24/12/42522048/jim-cramer-warns-nvidias-vicious-and-fast-reversal-is-coming-amid-174-surge-this-year-and-china-antitrust-probe">Jim Cramer Warns Nvidia&#8217;s &#8216;Vicious&#8217; And &#8216;Fast&#8217; Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe</a>
Why It Matters: The company defended its safety benchmarking practices, noting its transportation-focused facilities recorded a recordable incident rate of 6.3 in 2023, below the industry average of 9.7. Amazon emphasized that increasing delivery speeds has coincided with decreasing injury rates across its network.
&#8220;Our safety record continues to improve,&#8221; Amazon stated, highlighting investments in ergonomic enhancements and climate-controlled facilities. The company maintains that its performance expectations are &#8220;reasonable and achievable,&#8221; based on actual team accomplishments.
Price Action: Amazon stock closed at $232.93 on Monday, up 2.40% for the day, with a slight after-hours drop. Year-to-date, the stock has risen 55.36%.
With a market cap of $2.45 trillion and a price-to-earnings ratio of 48.60, Amazon&#8217;s RSI is 72. The consensus price target is $244.36, with a high of $285 from JMP Securities and a low of $197 from Wells Fargo. The average target of $273.33 suggests a 17.51% upside, according to <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings">data from Benzinga Pro</a>.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16231226/Screenshot-2024-12-17-at-9.41.41%E2%80%AFAM-1024x371.png" alt="" class="wp-image-695032" style="width:716px;height:auto" /></figure>
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<li><a href="https://www.benzinga.com/markets/equities/24/12/42522531/tesla-will-be-the-biggest-winner-in-the-trump-era-says-dan-ives-predicts-nasdaq-at-25000-in-18-months-get-the-popcorn-out">Tesla Will Be The &#8216;Biggest Winner&#8217; In The Trump Era, Says Dan Ives; Predicts Nasdaq At 25,000 In 18 Months: &#8216;Get the Popcorn Out&#8217;</a></li>
</ul>
Image via Flickr
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Bernie Sanders Accuses Amazon Of 'Uniquely Dangerous' Warehouse Conditions, E-Commerce Giant Says Senator's Premise Is 'Fundamentally Flawed'

MicroStrategy co-founder and executive chairman Michael Saylor said Monday that the incoming Donald Trump administration was serious about setting up a U.S. strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve.&nbsp;
What happened: During a CNBC <a href="https://www.cnbc.com/video/2024/12/16/watch-cnbcs-full-interview-with-microstrategy-ceo-michael-saylor.html">interview</a>, Saylor stressed the importance of "buying the future" if one knows where the money is going.
"All the capital outside the U.S. and all the 20th-century antiquated capital is going to flow into digital assets and the Bitcoin network," the Bitcoin bull said. "The logical thing for the U.S. is to buy it now and own the future."
He added that the government could buy as much as 20–25% of the Bitcoin network by selling its gold reserves or by borrowing a "small" amount of money.
"The Bitcoin network is going to go up by a factor of 100. You might as well buy it before ."
Saylor also urged the incoming administration to take the lead in establishing a digital assets framework, outlining clear definitions of different entities and fixing the responsibilities of participants.
See Also:<a href="https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today"> If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here&#8217;s How Much You&#8217;d Have Today</a>
Why It Matters: Saylor's remarks come amid reports of President-elect Trump exploring the possibility of <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve">issuing an executive order to create</a> a strategic Bitcoin reserve.
Last week, he also pledged to <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42480856/donald-trump-pledges-to-do-something-great-with-crypto-heres-what-hes-done-so-far">"do something great with crypto</a>" when queried about plans for a national Bitcoin stockpile.
A bill has already been proposed by Sen. Cynthia Lummis (R-Wy.), called the BITCOIN Act, to <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42080839/cynthia-lummis-says-strategic-bitcoin-reserve-could-take-shape-soon-after-trump-raises-his-hand-and-is-sworn-in">create a strategic reserve in Bitcoin</a> to support America's balance sheet and address its mounting debt, which topped $36 trillion this year.
The bill outlines a program to purchase 1 million BTCs, about 5% of Bitcoin's total supply, over a period of five years, with a minimum holding period of 20 years.
The purchase of this proportion could give further impetus to Bitcoin, already on a record-breaking run. This could in turn impart more volatility to MicroStrategy stock, which is a <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41567772/ahead-of-mag-7-earnings-season-michael-saylor-celebrates-bitcoin-proxy-microstrategys-reco">de facto Bitcoin proxy.</a>
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $106,604.85, up 1.80% 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>.
Read Next:&nbsp;
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</ul>

Trump Serious About Bitcoin Reserve, Says MicroStrategy's Michael Saylor: 'Buy It Now And Own The Future'

Wedbush Securities analyst Dan Ives predicts a major tech sector expansion driven by artificial intelligence and deregulation under President-elect Donald Trump&#8216;s administration, forecasting the Nasdaq could reach 25,000 within 18 months.
What Happened: Speaking on CNBC&#8217;s &#8220;Closing Bell,&#8221; Ives <a href="https://www.youtube.com/watch?v=Q_u-8ZGNwwA">described</a> Trump&#8217;s incoming administration as a &#8220;Goldilocks scenario&#8221; for tech companies, citing expected regulatory relief from agencies including the Federal Trade Commission.
&#8220;Let&#8217;s get the popcorn out for what will be the AI revolution,&#8221; Ives said, emphasizing that the sector&#8217;s current surge is &#8220;just getting started.&#8221; He explained that AI&#8217;s multiplier effect is spreading across the technology landscape, impacting everything from software to cybersecurity infrastructure.
The analyst expects 80% to 90% of regulatory concerns to diminish under Trump, though some Department of Justice antitrust investigations into companies like Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) will continue.
See Also: <a href="https://www.benzinga.com/general/social-media/24/12/42522280/meta-arrives-at-32-million-settlement-with-australia-over-cambridge-analytica-privacy-breach-privacy-commissioner-labels-it-largest-ever-payment">Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It &#8216;Largest Ever Payment&#8217;</a>
Why It Matters: Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) stands to gain the most through mergers and acquisitions, according to Ives, while Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) emerges as the &#8220;biggest winner at the top of the mountain,&#8221; partly due to CEO Elon Musk&#8216;s early alignment with Trump.
Addressing current tech adoption, Ives noted that only 45% of workloads currently operate in cloud environments, predicting a dramatic increase as more AI use cases emerge. &#8220;It&#8217;s 10:00 p.m. in the AI party, and now the velvet ropes are open,&#8221; he said.
The forecast comes as multiple tech CEOs plan meetings with the president-elect in Palm Beach, signaling potentially closer cooperation between Silicon Valley and the incoming administration.
In January, Ives predicted that the <a href="https://www.benzinga.com/markets/equities/24/01/36445586/wedbushs-dan-ives-says-tech-stocks-will-be-up-25-in-2024-predicts-nasdaq-at-20k">Nasdaq would reach the 20,000 mark in 2024</a>, and his forecast has proven accurate, with the index now trading at 20,173.
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<li><a href="https://www.benzinga.com/markets/equities/24/12/42522048/jim-cramer-warns-nvidias-vicious-and-fast-reversal-is-coming-amid-174-surge-this-year-and-china-antitrust-probe">Jim Cramer Warns Nvidia&#8217;s &#8216;Vicious&#8217; And &#8216;Fast&#8217; Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe</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.

AAPL

MSFT

TSLA

Tesla Will Be The 'Biggest Winner' In The Trump Era, Says Dan Ives; Predicts Nasdaq At 25,000 In 18 Months: 'Get the Popcorn Out'

Influential economist&nbsp;Peter Schiff&nbsp;called Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) the biggest bubble ever on Monday, surpassing even the dot-com bubble of the late 1990s.
What Happened:&nbsp;Schiff, a staunch Bitcoin critic, expressed his views on the soaring valuation of the world&#8217;s leading cryptocurrency. He noted that the market capitalization of Bitcoin was over $2 trillion, which is higher than the combined market of around 400 dot-com companies at their peak before they went bankrupt. 
&#8220;Congratulations, Bitcoiners, on blowing the&nbsp;biggest bubble ever!&#8221; Schiff jabbed Bitcoin investors.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">About 400 publicly traded dot-com companies went bankrupt when the bubble popped. At their peak, those 400 companies had a market cap of $1.7 trillion. The current market cap of <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> alone now exceeds $2 trillion. Congratulations Bitcoiners on blowing the biggest bubble ever!
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1868720110451773680?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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As is well known, the <a href="https://www.benzinga.com/topic/dot-com-bubble">dot-com bubble</a>&nbsp;was a period of rapid growth in U.S. technology stock equity valuations in the late 1990s, eventually bursting between 2001 and 2002. Several of the most hyped tech companies ended up going bankrupt, such as Pets.com, 360networks, and eToys.com, while the likes of Microsoft and Amazon weathered the storm.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42515771/blockchain-guardians-marathon-digital-vp-other-industry-leaders-push-for-transparency-in-custody">Blockchain Guardians: Marathon Digital VP, Other Industry Leaders Push For Transparency In Custody</a>
This isn&#8217;t the first time Schiff has expressed skepticism about Bitcoin. He has previously dismissed Bitcoin&#8217;s bull run as a &#8220;popular delusion&#8221; and &#8220;madness of crowds,&#8221; warning that the losses when the bubble pops will be &#8220;staggering.&#8221;
Why It Matters:&nbsp;This isn&#8217;t the first time Schiff has expressed skepticism about Bitcoin. He has previously d<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41891221/peter-schiff-says-he-would-have-loaded-up-on-bitcoin-had-he-known-that-the-btc-bubble-would-get-this-big">ismissed Bitcoin&#8217;s bull run as a &#8220;popular delusion&#8221;</a> and &#8220;madness of crowds,&#8221; warning that the losses when the bubble pops will be &#8220;staggering.&#8221;
But Schiff isn&#8217;t the only one to draw the cryptocurrency market&#8217;s bull run with the dot-com bubble.
Late Charlie Munger, a legendary investor and partner to Warren Buffett, <a href="https://www.benzinga.com/markets/cryptocurrency/22/07/28043520/charlie-munger-says-to-avoid-crypto-like-an-open-sewer">compared the cryptocurrency market to the dot-com bubble </a>of the late 1990s, calling it a &#8220;mass folly.&#8221;
Price Action:  At the time of writing, Bitcoin was exchanging hands at $106,567.30, up 1.37% 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>.
Image via Flickr/ Gage Skidmore
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</ul>

Bitcoin Bubble Bigger Than The Dot-Com Era As Apex Crypto's Valuation Tops $2 Trillion: Peter Schiff

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has agreed to a settlement of AU$50 million ($31.85 million) with Australia&#8217;s Information Commissioner over privacy violations linked to the Cambridge Analytica scandal on Monday.
The enforceable undertaking resolves civil proceedings, allowing eligible Australian Facebook users to seek compensation through a structured payment program.
The case alleged breaches of the Privacy Act 1988 after user data was improperly shared via the "This Is Your Digital Life" app. Privacy Commissioner Elizabeth Tydd called it "the largest ever payment addressing privacy concerns in Australia," emphasizing accountability for global corporations.
The payment program is expected to open by mid-2025.
Price Action: Meta stock closed at $624.24 on Monday, up 0.71% for the day. In after-hours trading, the stock dipped 0.038%. Year to date, Meta has surged 80.27%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
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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.

Social Media

Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It 'Largest Ever Payment'

On Monday, President-elect Donald Trump reportedly met with TikTok CEO Shou Zi Chew at Mar-a-Lago, Florida, as the company seeks intervention from the U.S. Supreme Court to prevent a looming ban.
What Happened: TikTok has requested the U.S. Supreme Court to halt a law that could ban the app by Jan. 19.
Taking to X, formerly Twitter, the TikTok Policy account said that the Supreme Court has a strong history of protecting Americans&#8217; right to free speech.
&#8220;We are asking the Court to do what it has traditionally done in free speech cases: apply the most rigorous scrutiny to speech bans and conclude that it violates the First Amendment.&#8221;
The post also highlighted the potential economic impact, estimating significant revenue losses for small businesses and creators if the app is banned.
See Also: <a href="https://www.benzinga.com/tech/24/12/42383967/how-to-use-apple-watch-as-a-digital-key-for-your-tesla-car?itm_source=parsely-api">How To Use Apple Watch As A Digital Key For Your Tesla Car</a>
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Statement on Filing Application for Emergency Injunction Pending Appeal with the Supreme Court: &quot;&quot;The Supreme Court has an established record of upholding Americans' right to free speech. Today, we are asking the Court to do what it has traditionally done in free speech cases:…
&mdash; TikTok Policy (@TikTokPolicy) <a href="https://twitter.com/TikTokPolicy/status/1868754443703140757?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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On the same day, Trump, who previously attempted to ban TikTok during his presidency, expressed a favorable view of the app, noting its popularity among young voters.
&#8220;We'll take a look at TikTok,&#8221; he said, adding, &#8220;You know, I have a warm spot in my heart for TikTok.&#8221; His meeting with the TikTok CEO was <a href="https://www.cnbc.com/2024/12/16/tiktok-asks-supreme-court-to-block-us-ban-pending-appeal.html">confirmed</a> by NBC News.
TikTok and Trump's transition team did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: The law in question, the Protecting Americans from Foreign Adversary Controlled Applications Act, mandates ByteDance to sell TikTok or <a href="https://www.benzinga.com/24/12/42495579/lawmakers-demand-apple-and-google-remove-tiktok-by-jan-19-what-you-need-to-know">face removal from</a> Google and Apple platforms in the U.S.
The U.S. Court of Appeals in Washington, D.C., earlier this month <a href="https://www.benzinga.com/24/12/42369266/meta-reddit-stocks-climb-record-highs-as-tiktoks-battle-against-us-ban-continues-after-court-ruling">upheld this law</a>, citing national security concerns.
The potential ban on TikTok, set to take effect on January 19, 2025, could have far-reaching consequences for the U.S. economy.
The ban could disrupt the operations of <a href="https://www.benzinga.com/startups/24/12/42496518/tiktok-ban-signed-into-law-what-it-means-for-americas-15-billion-small-business-economy">approximately seven million small</a> and medium-sized businesses that rely on the platform for revenue and brand growth.
With TikTok&#8217;s potential exit, users may <a href="https://www.benzinga.com/24/12/42512436/tiktok-ban-could-lead-to-more-time-spent-on-youtube-reddit-snapchat">shift their attention</a> to other platforms like YouTube, Reddit, and Snapchat.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Trump Meets TikTok CEO Shou Zi Chew At Mar-A-Lago As Platform Urges Supreme Court To Block Looming Ban

Leading cryptocurrencies simmered down Monday after a smashing rally even as speculations around a U.S. strategic Bitcoin reserve gathered steam.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.10%</td>
<td>$106,072.58</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>-0.69%</td>
<td>$3,966.41</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>-1.74%</td>
<td>$0.4009</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The world&#8217;s largest cryptocurrency broke beyond $107,000 for the first time this afternoon before profit-taking brought it back to $105,000, with a modest increase to $106,000 by evening.
The sentiment was upbeat following reports that President-elect Donald Trump <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve">might pass an executive order</a> to create a national Bitcoin stockpile.
Bitcoin was already up 9.11% in December, higher than the historical <a href="https://www.coinglass.com/today">average </a>of 5.75%, per Coinglass data.
A similar pattern followed for Ethereum, which failed to decisively break over $4,000 and fell to the upper $3,900 range.
In the past 24 hours, 119,098 traders were liquidated, with the total liquidations at $371.44 million. Longs accounted for 60% of the liquidations.
Over 61% of traders on Binance with open Bitcoin futures positions were short, as per the Long/Short Ratio, suggesting expectations of a pullback.
A rally to $110,000 would wipe out over $500 million worth of short positions, data showed.&nbsp;
The bearish positioning could be due to the "Extreme Greed" sentiment in the market, per the Cryptocurrency Fear &amp; Greed Index.
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>Bitget Token (BGB)</td>
<td>+10.80%</td>
<td>$3.44</td>
</tr>
<tr>
<td>Virtuals Protocol (VIRTUAL)</td>
<td>+10.07%</td>
<td>$2.98</td>
</tr>
<tr>
<td>THORChain (RUNE)</td>
<td>+7.63%</td>
<td>$6.95</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.71 trillion, following a marginal increase of 0.11% over the last 24 hours.
Stocks were a mixed bag on Monday. The Dow Jones Industrial Average fell for the eighth consecutive day, dropping 110.58 points, or 0.25%, to close at 43,717.48. The S&amp;P 500 rose 0.38% to 6,074.08, while the Nasdaq Composite surged 1.24% to close at a record high of 20,173.89.
The tech surge was powered by the "Mag 7" stocks, as Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) notched their all-time highs during the session.
The rally came just ahead of the Federal Open Market Committee's two-day meeting to decide on the <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">benchmark interest rates</a>. Market participants have priced in a 95% chance of a 25 basis point cut from the current target range of 450-475, according to the CME FedWatch tool.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Well-known cryptocurrency analyst Ali Martinez sent a cautionary note to investors amid Bitcoin's upsurge.
"I'm holding tight to my HODL bag, but my trading account is 30% cash as market sentiment around Bitcoin hits &#8216;extreme greed&#8217;—a cautionary red flag," the analyst remarked.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I'm holding tight to my HODL bag, but my trading account is 30% cash as market sentiment around <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> hits &#39;extreme greed&#39;—a cautionary red flag. Some altcoins are retracing and triggering my buy orders, but I'm aiming to keep at least 20% cash on hand for flexibility. <a href="https://t.co/915IUEqnC4">pic.twitter.com/915IUEqnC4</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1868654253742620723?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another widely followed analyst, Michaël van de Poppe, foresaw a "ton of volatility" in the market due to the upcoming Fed meeting.
"I won&#8217;t be surprised we&#8217;ll see $110,000 and $95,000 in the same week," Van de Poppe made his predictions.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">New all-time high for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> and a liquidity sweep for <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>. FED Meeting around the corner, which is likely going to bring a ton of volatility into the markets. I won&#39;t be surprised we&#39;ll see $110K and $95K in the same week.
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1868737314366816596?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Image via Shutterstock
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Movers

Trading Ideas

$DOGE

Bitcoin, Ethereum, Dogecoin Settle Down Amid Growing Talks Of A Strategic BTC Reserve: Top Analyst Sees Prospect Of Apex Crypto Hitting $110K This Week

Jim Cramer cautioned investors about Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) on Monday, predicting a potential market correction for the semiconductor giant that has seen its value surge 174% this year.
What Happened: &#8220;Still no crescendo moment in Nvidia. It will happen, just not yet&#8230;.the reversal will be vicious though&#8230;.and fast,&#8221; CNBC&#8217;s Cramer wrote on X, formerly Twitter, as the stock declined 1.68% to close at $132.00.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Still no crescendo moment in Nvidia. It will happen, just not yet&#8230;.the reversal will be vicious though&#8230;.and fast
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1868721912303829094?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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The warning comes as Nvidia faces heightened scrutiny in China, where authorities launched an antitrust investigation last week into the company&#8217;s 2020 acquisition of Mellanox Technologies. 
The probe examines <a href="https://www.benzinga.com/news/legal/24/12/42404352/nvidia-china-antitrust-probe-may-remain-unsolved-in-near-term-says-top-analyst-investors-should-be-prepared-for-increased-scrutiny">potential anti-competitive practices</a>, including whether Nvidia limits competition by bundling its AI chips with Mellanox&#8217;s NVLink technology.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42519371/broadcom-mounts-strongest-2-day-rally-since-ipo-leveraged-etf-nearly-doubles-in-2-sessions">Broadcom Mounts Strongest 2-Day Rally Since IPO: Leveraged ETF Nearly Doubles In 2 Sessions</a>
Why It Matters: TF Securities analyst Ming-Chi Kuo expects the investigation to remain unresolved in the near term, drawing parallels to Qualcomm Inc.&#8216;s 15-month <a href="https://www.benzinga.com/news/legal/24/12/42404352/nvidia-china-antitrust-probe-may-remain-unsolved-in-near-term-says-top-analyst-investors-should-be-prepared-for-increased-scrutiny">antitrust case in China</a>. 
While China represents only 5% of Nvidia&#8217;s data center revenue, Kuo advised investors to prepare for increased regulatory scrutiny of Nvidia&#8217;s practices, including its CUDA platform.
The investigation emerges as Nvidia maintains its dominance in the AI chip market, recently reporting third-quarter revenue of $35.1 billion, a 94% year-over-year increase. With a market capitalization of $3.21 trillion, Nvidia stands as one of the world&#8217;s most valuable companies, trading at a price-to-earnings ratio of 53.
Wall Street maintains a bullish outlook, with 40 analysts setting an average price target of $170.56. Rosenblatt Securities leads with the highest target of $220, while New Street Research projects a low of $120, according to <a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">data from Benzinga Pro</a>.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16202324/Screenshot-2024-12-17-at-6.52.32%E2%80%AFAM-1024x374.png" alt="" class="wp-image-694905" style="width:808px;height:auto" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42516901/bitcoin-hits-new-all-time-above-107000-ethereum-xrp-dogecoin-follow-higher-as-traders-target-115000-and-more">Bitcoin Hits New All-Time High Above $107,000, Ethereum, XRP, Dogecoin Make Gains As Traders Target $115,000 And More</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

NVDA

Jim Cramer Warns Nvidia's 'Vicious' And 'Fast' Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe

The Dow Jones ended Monday down 0.25%, while the Nasdaq climbed 1.2% to finish in the green. The S&amp;P 500 also posted gains, rising nearly 0.4%. The S&amp;P 500 also ended in positive territory gaining almost 0.4%. The Fed was <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">expected to cut rates by 25 basis points</a> on Wednesday, marking its third consecutive reduction, but recent inflation data complicated its future policy path. Traders braced for hawkish signals from updated projections, with a slower pace of rate cuts and upward revisions likely, potentially impacting growth, jobs, and markets.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Red Cat Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>)
Red Cat Holdings experienced a significant rise of 26.97%, closing at $10.45. The stock reached an intraday high of $11.33 and a low of $8.90, with a 52-week range between $12.57 and $0.56. The drone technology company reported <a href="https://www.benzinga.com/news/earnings/24/12/42519151/red-cat-holdings-q2-earnings-revenue-eps-miss-estimates-as-drone-company-prioritizes-long-term-growth-over-short-term-sales">second-quarter earnings</a> that fell short of expectations, with revenue at $1.53 million against an anticipated $4.13 million. CEO Jeff Thompson emphasized the company&#8217;s focus on the Black Widow project, aiming for success in the SRR final production contract.
IonQ, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>)
IonQ&#8217;s stock surged by 23.19%, closing at $41.81, with an intraday high of $42.81 and a low of $32.39. The stock&#8217;s 52-week range is from $42.81 to $6.22. The company showcased its ion trap technology, a key component of its quantum computers, and announced several&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/24/12/42516580/ionq-quantum-computing-and-rigetti-computing-shares-are-soaring-monday-whats-going-on">notable contracts</a>, including a $54.5 million deal with the U.S. Air Force Research Lab, boosting investor confidence.
Broadcom Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)
Broadcom&#8217;s shares increased by 11.21%, closing at $250. The stock hit an intraday high of $251.88 and a low of $230.81, with a 52-week range from $251.88 to $104.15. The company continues to gain momentum following its <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42513348/whats-going-on-with-broadcom-shares-monday">fourth-quarter earnings report</a>, which showed adjusted earnings per share of $1.42, surpassing analyst expectations. Despite missing revenue estimates, Broadcom&#8217;s quarterly revenue rose by 51% compared to the previous year, driving investor interest in the stock.
NVIDIA Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
NVIDIA&#8217;s stock fell by 1.68%, closing at $132. The stock&#8217;s intraday high was $134.40, with a low of $130.42, and a 52-week range between $152.89 and $47.32. The company recently announced a <a href="https://www.benzinga.com/content/42503019/olympian-motors-and-nvidia-collaborate-to-deliver-the-first-open-modular-ev-platform">collaboration</a> with Olympian Motors to deliver the first open, modular EV platform.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 6.14%, closing at $463.02. The stock reached an intraday high of $463.19 and a low of $436.15, with a 52-week range from $463.19 to $138.80. The Elon Musk-led company faced production challenges with its Cybertruck, as production rates were reduced even before a recent manufacturing pause. Researcher Troy Teslike noted that Tesla produced 30,582 Cybertrucks by the end of the third quarter of 2024, with 21,450 delivered, leaving a significant inventory. The production pause suggests potential <a href="https://www.benzinga.com/24/12/42501487/cybertruck-production-rate-was-reduced-even-before-decembers-production-pause-says-tesla-researcher">demand challenges</a> for the vehicle.
Image via Shutterstock
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next:
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<li> <a href="https://www.benzinga.com/markets/24/12/42511333/joe-rogan-shrugs-off-the-idea-of-a-perfect-city-but-peter-thiel-names-two-paradoxical-u-s-cities-that-stand-out">Joe Rogan Shrugs Off The Idea Of A Perfect City, But Peter Thiel Names Two &#8216;Paradoxical&#8217; U.S. Cities That Stand Out</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

AVGO

IONQ

RCAT

Red Cat Holdings, Ionq, Broadcom, NVIDIA, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

XXII

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

A New York judge has confirmed the guilty verdict in the hush money case involving President-elect Donald Trump, despite ongoing discussions about presidential immunity.
What Happened: Judge Juan Merchan endorsed the jury&#8217;s decision on Thursday, marking Trump as a felon. This ruling follows Trump&#8217;s recent electoral triumph over Vice President Kamala Harris. The judge has not yet made a decision on Trump&#8217;s request to dismiss the case entirely, given his president-elect status, <a href="https://thehill.com/regulation/court-battles/5043247-trump-hush-money-conviction-uphold/">reported</a> The Hill.
Trump&#8217;s legal team maintained that the evidence presented during his seven-week trial was shielded by the Supreme Court&#8217;s presidential immunity doctrine. This doctrine asserts that former presidents have total&nbsp;immunity from criminal prosecution for&nbsp;exercising core constitutional powers and&nbsp;presumptive immunity for other official&nbsp;acts.
Manhattan District Attorney&nbsp;Alvin Bragg&nbsp;refuted these claims, stating that no evidence presented to the jury was protected. He further contended that&nbsp;even if it was, it&nbsp;was inconsequential compared to the &#8220;overwhelming evidence of defendant&#8217;s guilt.&#8221;
Trump was found guilty on 34 counts of falsifying business records related to a $130,000 hush money payment to adult film actress Stormy Daniels before the 2016 presidential election. Prosecutors portrayed this as an attempt to unlawfully influence the election&#8217;s outcome.
The judge&#8217;s decision on whether to halt the proceedings during Trump&#8217;s term is still pending. Meanwhile, Trump&#8217;s other criminal proceedings have not been as successful following his presidential win.
See Also: <a href="https://www.benzinga.com/politics/24/12/42511472/trump-hits-7-year-high-in-favorability-ratings-how-republicans-democrats-men-and-women-view-president-elect?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Hits 7-Year High In Favorability Ratings: How Republicans, Democrats, Men And Women View President-Elect</a>
Why It Matters: The Supreme Court had <a href="https://www.benzinga.com/general/politics/24/07/39577351/trump-granted-partial-immunity-by-supreme-court-ruling-says-the-president-is-not-above-the-law-d">previously ruled</a> that Trump and former presidents are entitled to immunity for acts within their Constitutional authority while in office, but not unofficial acts.
Trump&#8217;s <a href="https://www.benzinga.com/news/24/09/40699789/judge-rejects-trumps-attempt-to-move-hush-money-trial-to-federal-court-citing-lack-of-good-cause">attempt to move</a> his hush money criminal case to federal court was denied due to a lack of &#8220;good cause&#8221;, according to a previous report. The <a href="https://www.benzinga.com/general/politics/24/09/40754802/trump-hush-money-sentencing-will-now-take-place-after-2024-election-to-avoid-any-appearance-to-a">sentencing</a> for Trump&#8217;s hush money trial was postponed until after the 2024 presidential election to avoid any potential influence on the election. 
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Trump's Hush Money Conviction Upheld Amid Presidential Immunity Controversy — Alvin Bragg Says 'Overwhelming' Evidence Of Guilt

MGNI, VERV and GWAV among pre-market gainers

MySize reports Q1 results

Warning: MYSZ is at high risk of performing badly

There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on My Size (MYSZ – Research Report) and Arqit Quantum (...

Analysts Offer Insights on Technology Companies: My Size (MYSZ) and Arqit Quantum (ARQQ)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Bottom-picking stocks to buy is one of the most difficult strategies in trading and investing. It is a direct antithesis to the adage, &ldquo;the trend is your friend, until it bends.&rdquo; While not for the faint of heart, bold investors are rewarded with the potential to be rewarded exponentially for the risk they are taking.&nbsp;



Bottom-picking is risky and not something you should always do as an investor. But if you were to do it, here&rsquo;s are a few ways to mitigate those risks.&nbsp;



For example, you can consider quality companies that are otherwise getting battered by sellers and are trading at their 52-week lows. So, today, I&rsquo;ll show you three stocks doing just that. To get my list, I used the filter below:



<ul><li>Stock trades near its 52-week low,</li>



<li>Minimum buy rating from analysts, and</li>



<li>Earnings and revenue growth in the last fiscal year.</li>
</ul>Getting buy-rated stocks means analysts see potential recovery in the future. The revenue growth metrics also indicate that the companies are doing relatively well.&nbsp;



This list represents the &ldquo;best three&rdquo; from the screen. I arranged it based on how far each stock is from its 52-week low, from highest to lowest. 



<h2>Microvast Holdings (MVST)</h2>



<a href="https://investorplace.com/wp-content/uploads/2024/04/microvast-mvst.png"><img width="300" height="222" src="https://investorplace.com/wp-content/uploads/2024/04/microvast-mvst-300x222.png" alt="A photo of a Microvast Holdings Inc (MVST) sign outside a building."></a>The growing demand for EVs has spotlighted companies like Microvast Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/mvst-stock-quote/">MVST</a>). Microvast specializes in advanced battery technology, wherein it builds and develops battery systems used in utility-scale energy storage systems and electric commercial vehicles.&nbsp;



The company has created various proprietary technologies in the entire battery system. Microvast has a solid footprint globally and sells its products in three main regions: North and South America, EMEA, and Asia Pacific.&nbsp;



Microvast reported a <a href="https://ir.microvast.com/news-releases/news-release-details/microvast-reports-2023-financial-results">49.9% YOY revenue increase in FY&rsquo;23.</a> This excellent performance was primarily due to improvements in the EMEA and Asia Pacific regions. Specifically, EMEA is nearly operating at breakeven. Meanwhile, the business in Asia Pacific is entirely self-funding and profitable. The company is hoping for similar results in the Americas shortly.&nbsp;



In other good news, the company&rsquo;s net loss improved from $158.2 million in 2022 to $106.4 million in 2023. Microvast inches towards complete profitability and analysts have plenty of reasons to rate it as a strong buy. The stock is also trading 53.3% higher than its 52-week low. So, if you&rsquo;re looking for stocks to buy, don&rsquo;t miss out on MVST.



<h2>TFF Pharmaceuticals (TFFP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/biopharma-1600-300x169.jpg" alt="Illustration of a biopharma company. Doctor standing in front of various medical icons."><div>Source: Billion Photos / Shutterstock</div></div>Biotech is full of baskets of opportunities waiting to be discovered. New firms race to be first to market. TFF Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/tffp-stock-quote/">TFFP</a>) is one of these contenders. The company develops the commercialization of patented Thin Film Freezing (TFF) by transforming medicine into a potent dry powder for better results.&nbsp;



TFF has two main drug candidates: Voriconazole Inhalation Powder (TFF VORI) and Tacrolimus Inhalation Powder (TFF TAC). Both products use its patented technology and help lung transplant and pulmonary aspergillosis patients.



A quick glance at TFF Pharma&rsquo;s <a href="https://tffpharma.com/press_releases/tff-pharmaceuticals-reports-fourth-quarter-and-full-year-2023-financial-results/">FY&rsquo;23 results</a> reported revenues of $733,871, up from $495,805 in 2023. Harlan Weisman, M.D., the company&rsquo;s CEO, says, &ldquo;Over the last several months, we have made significant progress showing that our Thin Film Freezing technology can be successfully applied.&rdquo; Additionally, TFF TAC is heading to another positive catalyst, as the FDA is expected to provide feedback for its <a href="https://tffpharma.com/press_releases/tff-pharmaceuticals-reports-first-quarter-financial-results-and-provides-corporate-update/">Clinical Development Plan in Q2FY&rsquo;24</a>.



Though still operating at a loss, the company managed to minimize net losses to $21.2 million, a noticeable improvement from last year&rsquo;s loss of $31.8 million. The company&rsquo;s excellent prospects and growing financials make a strong case for considering it one of the best bargain stocks to buy.



But if you need something more, you&rsquo;d be happy to know analysts rate TFFP stock as <a href="https://www.nasdaq.com/market-activity/stocks/tffp/analyst-research">a Strong Buy</a>. Additionally, it&rsquo;s trading 25.3% higher from its 52-week low.&nbsp;



<h2>My Size (MYSZ)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/growthstocks_1600_02-300x169.jpg" alt="Hand of woman watering small plant in pot shaped like growing graph representing growth stocks. Sleeper Growth Stocks"><div>Source: Khakimullin Aleksandr / Shutterstock</div></div>Formerly known as Knowledgetree Ventures, My Size (NASDAQ:<a href="https://investorplace.com/stock-quotes/mysz-stock-quote/">MYSZ</a>) is an eCommerce platform that lets users build their online profile and store their personal measurements, which will allow buyers to make purchases to retailers using their data and get the right fit.&nbsp;



While this may sound simple enough, the company uses a <a href="https://mysizeid.com/reports/naiz-fit-a-my-size-inc-company-unveils-groundbreaking-generative-ai-strategies-to-revolutionize-fashion-tech/">groundbreaking generative AI tool</a> that lets users work with specialized language models to help customers receive tailored product reals that suit their needs. In addition, the company&rsquo;s AI provides virtual try-ons that allow customers to mix and match garments and visually show how pairs work together.&nbsp;



My Size reported improvements in FY&rsquo;23. Revenue hit $7 million, up from $4.5 million last year. Meanwhile, the bottom line ended at a $6.38 million loss compared to last year&rsquo;s $8.31 million loss. Unfortunately, <a href="https://investorplace.com/earning-results/2024/04/mysz-stock-earnings-my-size-for-q4-of-2023/">some financial metrics missed estimates</a> for Q4 and the whole year, and the stock has taken a beating ever since.&nbsp;



Still, MYSZ stock is rated as a <a href="https://www.nasdaq.com/market-activity/stocks/mysz/analyst-research">Strong Buy</a>, trading 7.6% higher than its 52-week low. More adventurous investors looking for stocks to buy might see this as an opportunity.&nbsp;



On the date of publication, Rick Orford did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Rick Orford is a Wall Street Journal best-selling author, investor, influencer, and mentor. His work has appeared in the most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/06/3-52-week-low-losers-ready-to-become-big-time-stock-winners/">3 52-Week-Low Losers Ready to Become Big-Time Stock Winners</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 52-Week-Low Losers Ready to Become Big-Time Stock Winners

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
My Size (NASDAQ:<a href="https://investorplace.com/stock-quotes/mysz-stock-quote/">MYSZ</a>) just reported results for the second quarter of 2024.<ul><li>My Size reported earnings per share of -$1.28. This was above the analyst estimate for EPS of -$2.43.</li><li>The company reported revenue of $1.98 million.</li><li>This was 1.05% worse than the analyst estimate for revenue of $2.00 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/mysz-stock-earnings-my-size-for-q2-of-2024/">MYSZ Stock Earnings: My Size Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MYSZ Stock Earnings: My Size Beats EPS, Misses Revenue for Q2 2024

MySize reports Q2 results

Analyst Kevin Dede of H.C. Wainwright reiterated a Buy rating on My Size (MYSZ – Research Report), retaining the price target of $5.00. Kevin Dede ...

My Size: Strong Buy Rating on Robust Sales Growth and Strategic Acquisitions

H.C. Wainwright analyst Kevin Dede lowered the firm's price target on My Size (MYSZ) to $3 from $5 and keeps a Buy rating on the shares post the Se...

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