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Prestige Wealth

Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

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Contracts

OPXS

Optex Systems Awarded $4.2M Purchase Order From BAE Systems For Laser Protected Periscopes And Optical Sighting Systems

International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGIC#NASDAQ">IGIC</a>) today announced that its Board of Directors has declared an extraordinary cash dividend of $0.85 per common share for the period October 1, 2024 – December 31, 2024, in addition to the Company's regular quarterly common share dividend of $0.025 per share.
The extraordinary dividend plus the regular quarterly dividend, totaling $0.875, is payable on April 22, 2025 to shareholders of record at the close of business on April 4, 2025.

Dividends

IGIC

IGI Declares An Extraordinary Cash Dividend Of $0.85 Per Common Share For The Period October 1, 2024

Guidance

AEVA

Aeva Sees 2025 Revenue $15M-$18M vs $14.484M Est.

Earnings

ALMS

Alumis 2024 Net Income $(294.2)M, Down From $(155)M YoY

Sera Prognostics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERA#NASDAQ">SERA</a>) reported quarterly losses of $(0.25) per share which missed the analyst consensus estimate of $(0.24) by 4.17 percent. This is unchanged from the same period last year. The company reported quarterly sales of $24.000 thousand which beat the analyst consensus estimate of $15.000 thousand by 60.00 percent. This is a 41.46 percent decrease over sales of $41.000 thousand the same period last year.

Earnings Beats

Earnings Misses

SERA

Sera Prognostics Q4 2024 GAAP EPS $(0.25) Misses $(0.24) Estimate, Sales $24.000K Beat $15.000K Estimate

WIIM

AKBA

Akebia Therapeutics shares are trading lower after the company announced it commenced a public offering.

General

Everyday Health Group, A Division Of Ziff Davis, Announces The Acquisition Of theSkimm, A Leading Media Brand

LIBERTY LAKE, Wash., March 19, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ITRI#NASDAQ">ITRI</a>), which is innovating new ways for utilities and cities to manage energy and water, today announced a collaboration with NVIDIA to address the industry's most pressing challenges by accelerating the adoption of AI-powered solutions at the grid edge for utilities and communities. The collaboration uniquely combines Itron's leading Grid Edge Intelligence portfolio with NVIDIA's AI-powered solutions, integrating high-fidelity, real-time data to transform how utilities meet the demands of a rapidly changing industry. Itron will collaborate with NVIDIA to develop solutions for utilities to reach their goals, including grid resilience, disaster management and prevention, consumer engagement, operational efficiency, the secure delivery of affordable energy to customers – and challenges yet unknown.
Itron, which has delivered over 13 million distributed intelligence-enabled endpoints globally, will work with NVIDIA to provide better outcomes for utilities. By integrating the NVIDIA Jetson Orin Nano and NVIDIA AI Enterprise platforms into Itron's Grid Edge Intelligence portfolio, the companies will enable utilities to leverage the edge computing power of NVIDIA's solutions for AI tasks, helping to optimize utility operations. This collaboration will bring greater value for utilities and unlock new opportunities to enhance grid resiliency and accelerate decarbonization initiatives by leveraging the power of data at the grid edge.
&nbsp;

ITRI

Itron Collaborates With NVIDIA To Accelerate AI Adoption At Grid Edge; 13M Distributed Endpoints Worldwide

Precigen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGEN#NASDAQ">PGEN</a>) reported quarterly losses of $(0.47) per share which met the analyst consensus estimate. The company reported quarterly sales of $3.925 million which missed the analyst consensus estimate of $4.134 million by 5.05 percent.

PGEN

Precigen FY 2024 GAAP EPS $(0.47), Inline, Sales $3.925M Miss $4.134M Estimate

Aeva Technologies Q4 2024 Adj. EPS $(0.49) Beats $(0.58) Estimate, Sales $2.696M Beat $2.467M Estimate

LENZ Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LENZ#NASDAQ">LENZ</a>) reported quarterly losses of $(0.46) per share which missed the analyst consensus estimate of $(0.41) by 12.2 percent.

LENZ

LENZ Therapeutics Q4 2024 GAAP EPS $(0.46) Misses $(0.41) Estimate

Capricor Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPR#NASDAQ">CAPR</a>) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.26) by 38.46 percent. This is a 700 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $11.10 million which beat the analyst consensus estimate of $5.68 million by 95.37 percent. This is a 8.17 percent decrease over sales of $12.09 million the same period last year.

CAPR

Capricor Therapeutics Q4 2024 GAAP EPS $(0.16) Beats $(0.26) Estimate, Sales $11.10M Beat $5.68M Estimate

Management

GRBK

Green Brick Partners' Richard A. Costello Resigned As CFO; Jeffery Cox Appointed Interim CFO

Ifetroban demonstrated significant 5.4% improvement in cardiac function

Biotech

Events

CPIX

Cumberland Pharmaceuticals Announced Results From Its Phase 2 FIGHT DMD Clinical Trial Were Selected For Late-breaking Presentation At The Muscular Dystrophy Association Clinical & Scientific Conference In Dallas

Alarm.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALRM#NASDAQ">ALRM</a>), the leading platform for the intelligently connected property, announces that Kevin Bradley has been promoted to the position of Chief Financial Officer. He will be responsible for leading the company's Finance organization including financial planning and analysis, accounting, tax, treasury and investor relations. Mr. Bradley will report to Alarm.com's Chief Executive Officer, Steve Trundle.
Mr. Bradley joined Alarm.com in May 2009 and has served in various accounting and finance roles, including Director of Financial Planning from December 2013 through May 2017 and then Vice President of Financial Planning and Analysis (FP&amp;A) from May 2017 through March 2025.
As Vice President of FP&amp;A, Mr. Bradley worked directly with Alarm.com's outgoing CFO Steve Valenzuela and senior management team and actively participated in corporate strategy development and operational decision-making. He was responsible for leading the company's annual and long-range planning process, developing quarterly guidance and financial outlook disclosures, and designing and implementing capital allocation strategies.
"I have worked with Kevin for more than a decade through the company's significant growth and diversification," said Steve Trundle, CEO of Alarm.com. "He is a strong financial leader and manager, understands our business models intimately, and has been a trusted peer for the entire Alarm.com executive team. I am pleased to promote him to be the Company's next CFO and look forward to introducing him to our investors during the next couple of quarters."

ALRM

Alarm.com Promotes Kevin Bradley To CFO

With ARUMILLI LLC's investment, total institutional ownership in ConnectM now stands at 33% of the Company's outstanding shares.

CNTM

ConnectM Reveals That Institutional Investor ARUMILLI Has Filed Schedule 13G With SEC Disclosing Ownership Of 2.12M Shares Or 7.4% Stake

TWFG

TWFG Sees FY25 Revenue $235M-$250M

FIVE

Five Below shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 guidance above estimates.

The round of 64 NCAA Men's National Basketball Tournament games kick off Thursday with teams competing for a championship and fans competing for the near-impossible task of<a href="https://www.benzinga.com/general/education/25/03/44404112/march-madness-perfect-brackets-near-impossible-odds-among-the-big-payouts-is-the-x-offer-for-trip-to-mars"> creating a perfect bracket.</a>
Here's a look at the betting odds and favorites and the one stat that has correctly predicted winners since 2002.
How to Watch March Madness Games: Like past years, the 2025 March Madness games will be split for the first several rounds between media rights partners Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) and Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>).
The first two days of the round of 64 games take place on March 20 and March 21 followed by games to decide the Sweet 16 on March 22 and March 23.
The games will air on CBS, truTV, TBS and TNT.
The Final Four semifinals will take place on April 5, with CBS having the rights to this year's games. The championship game will air on April 7, also on CBS.
Read Also: <a href="https://www.benzinga.com/general/sports/25/03/44359867/robinhood-launches-march-madness-event-contracts-with-kalshi-change-the-world-of-finance-and-trading">Robinhood Launches March Madness Event Contracts With Kalshi: &#8216;Change The World Of Finance And Trading&#8217;</a>
Betting Odds: Here are the current betting odds for the favorites in the 2025 NCAA Men's National Basketball Tournament and their seeds, with odds from DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>):
<ul>
<li>Duke (1): +320</li>
<li>Florida (1): +380</li>
<li>Auburn (1): +400</li>
<li>Houston (1): +600</li>
<li>Tenneessee (2): +2,200</li>
<li>Alabama (2): +2,200</li>
<li>Michigan State: (2): +2,500</li>
<li>St. Johns (2): +2,800</li>
<li>Texas Tech (3): +3,500</li>
<li>Maryland (4): +4,500</li>
</ul>
As expected, the one-seeds are the betting favorites followed by the two-seeds. A three-seed and four-seed rank ninth and tenth in the odds respectively where odds start to change based on paths to the Final 4 and difficulty of region instead of seeding.
Betting Stat to Know: When looking for a winner from the 64 teams, many people will pick a 1-seed or a 2-seed as they have won the most tournaments.
Since expanding to the field of 64, one through three seeds have won over 85% of the time, with other winners often having some luck, an easier than expected field or fitting into strong offensive and defensive efficiency rankings.
Dating back to 1999,&nbsp;Ken Pomeroy&nbsp;has provided basketball rankings known as&nbsp;<a href="https://kenpom.com/index.php?s=RankAdjDE" target="_blank" rel="noreferrer noopener">KenPom&nbsp;</a>that take into account offensive and defensive efficiencies and also predicts which teams would win in matchups.
Since 2002, all the teams to win the National Championship have ranked as a top 25 adjusted defensive efficiency and top 40 adjusted defensive efficiency based on the KenPom rankings.
That narrows down this year's list to the following teams, with their respective seeds and betting odds:
<ul>
<li>Houston (1): +600</li>
<li>Tennessee (2): +2,200</li>
<li>Duke (1): +320</li>
<li>Michigan State (2): +2,500</li>
<li>Maryland (4): +4,500</li>
<li>Florida (1): +380</li>
<li>Iowa State (3): +4,500</li>
<li>Auburn (1): +400</li>
<li>Clemson (5): +8,000</li>
<li>UCLA (7): +15,000</li>
<li>Louisville (8): +10,000</li>
<li>Mississippi (6): +16,000</li>
</ul>
Since 2002, all but two teams that won the championship ranked as a top 20 adjusted offensive efficiency and top 20 adjusted defensive efficiency team based on the KenPom rankings.
This would keep only the following teams in the running:
<ul>
<li>Houston: 2nd defensive, 10th offensive</li>
<li>Tennessee: 3rd defensive, 18th offensive</li>
<li>Duke: 4th defensive, 3rd offensive</li>
<li>Florida: 9th defensive, 1st offensive</li>
<li>Auburn: 12th defensive, 2nd offensive</li>
</ul>
Who the Public is Betting On: According to <a href="https://x.com/DKSportsbook/status/1902049909962109280">DraftKings</a>, these are the most popular championship bets with the odds at the time of the tweet and the percent of betting handle.
<ul>
<li>Duke: +350, 20% of handle</li>
<li>Florida: +400, 10% of handle</li>
<li>Auburn: +350, 9% of handle</li>
<li>UConn: +7,500, 7% of handle</li>
<li>Alabama: +1,800, 6% of handle</li>
<li>Houston: +600, 6% of handle</li>
<li>Kansas: +7,500, 5% of handle</li>
<li>Kentucky: +5,500, 5% of handle</li>
<li>St. John's: +2,800, 4% of handle</li>
<li>Michigan State: +2,500, 4% of handle</li>
</ul>
The most bet on teams are three of the one-seeds, but then it quickly turns with Connecticut, who is an 8-seed listed fourth. The team is trying to win a third straight championship, but will face tougher odds given its seeding. Alabama ranks first among two-seeds as the fifth most bet on team.
On <a href="https://fantasy.espn.com/games/tournament-challenge-bracket-2025/?gad_source=1&amp;gclid=Cj0KCQjw1um-BhDtARIsABjU5x4aFgCvz02sAi0sVJiO2PAY8N8YfJphaWHBkMadceAqsl84XZldK00aAq0KEALw_wcB">ESPN </a>where millions fill out brackets with up to 25 allowed per person, these are the most bet on champions and the percent of bracket they&#8217;re picked in:
<ul>
<li>Duke: 25.1%</li>
<li>Florida: 21.3%</li>
<li>Auburn: 10.8%</li>
<li>Houston: 8.8%</li>
<li>St. John's: 4.9%</li>
<li>Michigan State: 4.5%</li>
</ul>
The public clearly loves Duke, Florida and Auburn as they rank as the top three for betting volume at DraftKings and on ESPN's tournament challenge page. On ESPN, these three one-seeds make up over 57% of brackets submitted.
Bracket Challenges: There are many ways to compete in bracket challenges with ESPN and other sports media outlets offering contests.
Social media platform X also has a Bracket Challenge that is offering a chance to win a trip to Mars if anyone has a perfect bracket. The cash prize is still $100,000 for first if there is no winner.
DraftKings and Pepsi <a href="https://www.draftkings.com/zerorightbracket">return </a>with the zero challenge with the goal of picking all 63 games wrong for a perfect imperfect bracket.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/04/38170865/uconn-wins-back-to-back-ncaa-basketball-title-heres-how-much-you-could-have-made-following" target="_blank" rel="noreferrer noopener">UConn Wins Back-To-Back NCAA Basketball Title: Here's How Much You Could Have Made Following Biden, Obama In March Madness Bracket</a></li>
</ul>
Photo: Benzinga

Sports Betting

Sports

DKNG

PARA

PARAA

March Madness 2025: How To Watch, Betting Odds And The One Stat That Could Determine A Winner

IPSC

Century Therapeutics FY24 EPS $(1.61) Up From $(2.30) YoY; Revenue $6.59M Up From $2.24M YoY

Press Releases

Prestige Wealth Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Prestige Wealth Inc. Announces Acquisition of Wealth AI, an AI-Driven Wealth Management Solution Provider

Prestige Wealth Inc. Announces Acquisitions of InnoSphere Tech and Closing of Acquisition of Wealth AI

Prestige Wealth Inc. Announces Acquisition of Tokyo Bay

Prestige Wealth Inc. Announces Closing of Acquisitions of InnoSphere Tech and Tokyo Bay

Prestige Wealth Inc. regains compliance with Nasdaq minimum bid price requirement

Prestige Wealth Inc. Announces First Half of Fiscal Year 2024 Financial Results

Prestige Wealth Inc. announces that its subsidiary InnoSphere integrates DeepSeek, accelerating full-scale transformation into AI Fintech

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