Últimas noticias sobre WiMi Hologram Cloud (NASDAQ:WIMI) Bolsa

WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.

WiMi Hologram Cloud Inc. - American Depositary Share

WiMi Hologram Cloud Inc

<p><strong>Robert A. Hocking</strong>, senior vice president and global head of product innovation at <strong>Cboe Global Markets</strong>, revealed that Zero Days to Expiration (Zero DTE) options now account for nearly 47% of SPX trading volume in 2024.</p>
<p>That&#8217;s a dramatic rise from just eight years ago. </p>
<p>&#8220;Zero DTE accounted for roughly 5% of SPX option volumes in 2016,&#8221; Hocking explained at Benzinga&#8217;s latest virtual event, <a href="https://www.benzinga.com/events/managing-volatile-markets-with-0dte-options/">Managing Volatile Markets with 0DTE Options</a>, which was sponsored by <strong>Cboe</strong>. &#8220;This has jumped to 45% by the end of 2023, and it's crept up to around 47% in 2024,&#8221; he added. </p>
<p>As a result, SPX's overall trading volume has doubled daily to approximately 3 million contracts, compared to 1.5 million in 2016.</p>
<h3 class="wp-block-heading">Retail And Institutional Traders Fuel Growth</h3>
<p>Both retail and institutional traders have driven the rapid expansion of Zero DTE options. Initially embraced by retail traders, institutional participation has increased, further boosting liquidity in the market. </p>
<p>Hocking noted that Zero DTE options are now a major part of the trading landscape, with institutional players helping sustain their growth.</p>
<p>&#8220;What's fascinating is that Zero DTE now represents 1.4 million contracts daily—more than the total SPX daily average volume in 2016,&#8221; Hocking stated. &#8220;It's become a crucial tool for managing short-term trades and risk exposure, which is why it's seen such broad adoption.&#8221;</p>
<p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><br />
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="CBOE - 0DTE Options &#x7C; Rob Hocking &#x7C; Benzinga Virtual Events" width="500" height="281" src="https://www.youtube.com/embed/9xq-YR-f22w?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>
</div>
<p></p></figure></p>
<h3 class="wp-block-heading">Impact on Market Volatility</h3>
<p>Despite the surge in Zero DTE trading, concerns about its potential effect on market volatility have not been realized. Hocking emphasized that Cboe&#8217;s data shows no evidence linking these options to increased market turbulence. &#8220;We&#8217;ve been closely monitoring the data, and there&#8217;s no sign that Zero DTE options are adding risk to the market,&#8221; he said.</p>
<p>Introducing Zero DTE options has provided traders with new ways to manage both the upside and downside of their portfolios, offering greater flexibility in their strategies.</p>
<h3 class="wp-block-heading">Future of Zero DTE Options</h3>
<p>As Zero DTE trading continues to flourish, Cboe is exploring further opportunities to meet the growing demand from institutional investors. Hocking suggested that more tools and data will likely emerge as the market for these options expands.</p>
<p>&#8220;Zero DTE is here to stay,&#8221; Hocking concluded. &#8220;Its growth reflects the shift in how retail and institutional traders approach the options market.&#8221;</p>
<p><strong>Now Read:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/top-stories/24/09/41072065/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">Benzinga&#8217;s &#8216;Stock Whisper&#8217; Index: 5 Stocks Investors Secretly Monitor But Don&#8217;t Talk About Yet</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Events

Exclusives

Interview

Zero DTE Options Fuel Record SPX Trading Volumes, With No Signs Of Slowing Down: Expert

<p>Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia&#39;s powerhouse. China&#39;s technology sector has the lowest valuation in history compared to its American counterpart.</p>
<p>Measured through the <strong>KraneShares CSI China Internet ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kweb#NYSE">KWEB</a>), names in this space now trade at steep discounts against peers like Alphabet Inc. and even Amazon.com Inc.. While discounted stocks might not look attractive to some investors based on their price action, others recognize the value to be had in them.</p>
<p>This is why stocks like <strong>Alibaba Group</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>), <strong>Baidu Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bidu#NASDAQ">BIDU</a>), and the overall <strong>iShares MSCI China ETF</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mchi#NASDAQ">MCHI</a>) have delivered shareholders a significant rally this week, one of the best performances since the few months after the COVID-19 pandemic. Retail investors can also feel a bit safer because some of Wall Street&#39;s favorite investors have also given these companies a chance to make billions.</p>
<h2><strong>Chinese Government Interventions Improve the Risk-Reward Balance for Investors</strong></h2>
<p>Recently, the Federal Reserve (the Fed) in the United States decided to lower interest rates by half a percent, or 50 basis points. The Chinese economy has been criticized long enough for its slowdown and contractions, so the government has also decided to cut rates by the same amount.</p>
<p>The difference is that the Chinese ETF trades at only 47% of the high prices it made in early 2021, while the technology-focused NASDAQ 100 index trades at 96% of its 52-week high now. This means that the potential reward is much bigger in China than the pullback the U.S. technology space could make after these runs.</p>
<p>Stanley Druckenmiller decided to sell out of NVIDIA Co. after realizing the potential upside was no longer that attractive; it is no surprise to see his former mentor and boss George Soros initiate a&nbsp;$73.4 million position in Alibaba.</p>
<p>As lower rates start to spread through the Chinese economy, the consumer discretionary sector and rate-dependent technology companies will probably see the benefits first, so they have become the top choice for other mega investors as well.</p>
<h2><strong>Who&#39;s Buying Chinese Stocks Now and What They&#39;re Adding to Their Portfolios</strong></h2>
<p>Some investors would recognize him for predicting the 2008 financial crisis, but Michael Burry has now made Alibaba his top holding. After buying it for the better part of 2024, Burry&#39;s portfolio is now reported to hold up to 155,000 shares valued at roughly $14.8 million today.</p>
<p>The trend doesn&#39;t end there for Burry, as he also chose Baidu as his fourth-largest position, with 75,000 shares valued at approximately $9 million. Coming right after Baidu, Burry chose <strong>JD.com Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jd#NASDAQ">JD</a>) to be his fifth-largest position, with 250,000 shares carrying a value of $8.3 million today.</p>
<p>Those names are the common choice among investors today. David Tepper has recently deviated from his typical picks in the financial and technology sector to pick on Chinese stocks. For Tepper, his fund bought up to 10,500,000 shares for an approximate value of just over $1 billion in the portfolio.</p>
<p>Considering that Alibaba trades at less than a third of the $316 a share high it made after COVID-19, it makes sense for these investors to look at the potential risk-to-reward ratios and decide if it is worth taking a risk on Chinese stocks.</p>
<h2><strong>Wall Street&#39;s Latest Take on Alibaba and Baidu: Key Insights for Investors</strong></h2>
<p>Starting with Alibaba, analysts now justify a consensus price target of $107.6 a share on the stock, calling for 12.7% upside from where it trades today. However, those at Susquehanna decided to go above and beyond the consensus and place a $130 valuation on Alibaba, implying it could run by a much bigger 35.4% from today&#39;s price.</p>
<p>When it comes to Baidu, the stock trades at only 68% of its 52-week high to offer enough potential upside to consider it. This is why analysts at Citigroup see a potential case for the stock to trade as high as $155 a share, daring the stock to stage a massive 64.8% rally from where it has traded down to today.</p>
<p>Here are other insights for investors to consider: Alibaba&#39;s main competitor could be assumed to be Amazon, which is why the Chinese giant&#39;s 25.1x P/E ratio means a significant discount to Amazon&#39;s 46.0x valuation today. For Baidu, competition can only arguably be found in shares of Google.</p>
<p>Baidu&#39;s 12.4x P/E valuation would also offer investors a steep discount compared to Google&#39;s valuation of 23.3x P/E today, despite a recent selloff in that stock. When it comes to upside and diminished risk, investors all over are finding Chinese stocks to be the winners; maybe retail investors should, too.</p>
<p>The article &quot;<a href="https://www.marketbeat.com/stock-ideas/chinese-tech-stocks-rally-whats-behind-it-and-next-steps/">China&#39;s Tech Stocks Surge: What Top Investors Know That You Don&#39;t</a>&quot; first appeared on MarketBeat.</p>


Asia

Government

Large Cap

News

Sector ETFs

Price Target

Federal Reserve

Markets

Analyst Ratings

Tech

Trading Ideas

ETFs

BABA

BIDU

KWEB

MCHI

China's Tech Stocks Surge: What Top Investors Know That You Don't

<p>Financial giants have made a conspicuous bullish move on Home Depot. Our analysis of options history for Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) revealed 17 unusual trades.</p>
<p>Delving into the details, we found 47% of traders were bullish, while 23% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $1,485,855, and 7 were calls, valued at $844,034.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $420.0 for Home Depot over the recent three months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Home Depot's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Home Depot's whale activity within a strike price range from $240.0 to $420.0 in the last 30 days. </p>
<h3>Home Depot 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727464652_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$38.35</td>
<td>$36.45</td>
<td>$36.45</td>
<td>$400.00</td>
<td>$911.2K</td>
<td>49</td>
<td style="text-align: right;">250</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$23.5</td>
<td>$21.5</td>
<td>$23.5</td>
<td>$380.00</td>
<td>$453.5K</td>
<td>814</td>
<td style="text-align: right;">13</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$170.0</td>
<td>$165.0</td>
<td>$167.5</td>
<td>$240.00</td>
<td>$167.5K</td>
<td>124</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/25/24</td>
<td>$8.85</td>
<td>$7.35</td>
<td>$8.12</td>
<td>$400.00</td>
<td>$97.4K</td>
<td>1.0K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$6.7</td>
<td>$6.3</td>
<td>$6.3</td>
<td>$355.00</td>
<td>$94.5K</td>
<td>62</td>
<td style="text-align: right;">150</td>
</tr>
</tbody>
</table>
</p>
<h3>About Home Depot</h3>
<p>Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and Redi Carpet added multifamily flooring, while the recent tie-up with SRS will help grow professional demand.</p>
<p>Following our analysis of the options activities associated with Home Depot, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Home Depot</h3>
<ul>
<li>Currently trading with a volume of 1,357,020, the HD's price is up by 0.8%, now at $399.86. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 46 days.</li>
</ul>
<h3>Expert Opinions on Home Depot</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $394.0.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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"><strong>Click here for access</strong></a>.<br />
&#x2A; Reflecting concerns, an analyst from Melius Research lowers its rating to Buy with a new price target of $420.<br />
&#x2A; Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Market Perform rating for Home Depot, targeting a price of $360.<br />
&#x2A; An analyst from Loop Capital has decided to maintain their Hold rating on Home Depot, which currently sits at a price target of $360.<br />
&#x2A; An analyst from DA Davidson persists with their Buy rating on Home Depot, maintaining a target price of $430.<br />
&#x2A; Consistent in their evaluation, an analyst from Oppenheimer keeps a Perform rating on Home Depot with a target price of $400. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Home Depot with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Home Depot's Options: A Look at What the Big Money is Thinking

<p>Deep-pocketed investors have adopted a bearish approach towards ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in COP usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for ConocoPhillips. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 35% leaning bullish and 57% bearish. Among these notable options, 4 are puts, totaling $169,201, and 10 are calls, amounting to $950,940.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $115.0 for ConocoPhillips over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for ConocoPhillips's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ConocoPhillips's significant trades, within a strike price range of $90.0 to $115.0, over the past month.</p>
<h3>ConocoPhillips 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727464647_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>COP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$6.65</td>
<td>$6.6</td>
<td>$6.65</td>
<td>$97.00</td>
<td>$232.7K</td>
<td style="text-align: right;">350</td>
<td style="text-align: right;">350</td>
</tr>
<tr>
<td>COP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$2.71</td>
<td>$2.51</td>
<td>$2.63</td>
<td>$106.00</td>
<td>$191.7K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">729</td>
</tr>
<tr>
<td>COP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.85</td>
<td>$7.8</td>
<td>$7.8</td>
<td>$100.00</td>
<td>$158.3K</td>
<td style="text-align: right;">64</td>
<td style="text-align: right;">308</td>
</tr>
<tr>
<td>COP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.85</td>
<td>$7.8</td>
<td>$7.8</td>
<td>$100.00</td>
<td>$74.8K</td>
<td style="text-align: right;">64</td>
<td style="text-align: right;">498</td>
</tr>
<tr>
<td>COP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$5.25</td>
<td>$5.05</td>
<td>$5.05</td>
<td>$100.00</td>
<td>$65.6K</td>
<td style="text-align: right;">226</td>
<td style="text-align: right;">243</td>
</tr>
</tbody>
</table>
</p>
<h3>About ConocoPhillips</h3>
<p>ConocoPhillips is a US-based independent exploration and production firm. In 2023, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2023 were 6.8 billion barrels of oil equivalent.</p>
<p>Following our analysis of the options activities associated with ConocoPhillips, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of ConocoPhillips</h3>
<ul>
<li>Currently trading with a volume of 3,140,217, the COP's price is up by 1.96%, now at $104.32. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 34 days.</li>
</ul>
<h3>Expert Opinions on ConocoPhillips</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $137.6.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from UBS has decided to maintain their Buy rating on ConocoPhillips, which currently sits at a price target of $140.<br />
&#x2A; An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $140.<br />
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on ConocoPhillips, maintaining a target price of $132.<br />
&#x2A; An analyst from Mizuho has decided to maintain their Neutral rating on ConocoPhillips, which currently sits at a price target of $129.<br />
&#x2A; An analyst from Susquehanna persists with their Positive rating on ConocoPhillips, maintaining a target price of $147. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest ConocoPhillips options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Spotlight on ConocoPhillips: Analyzing the Surge in Options Activity

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Charter Communications</strong>.</p>
<p>Looking at options history for Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) we detected 17 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 64% of the investors opened trades with bullish expectations and 17% with bearish.</p>
<p>From the overall spotted trades, 5 are puts, for a total amount of $186,140 and 12, calls, for a total amount of $1,170,868.</p>
<h3>Expected Price Movements</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $220.0 and $440.0 for Charter Communications, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Charter Communications's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Charter Communications's significant trades, within a strike price range of $220.0 to $440.0, over the past month.</p>
<h3>Charter Communications Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727464642_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$102.0</td>
<td>$99.0</td>
<td>$100.5</td>
<td>$300.00</td>
<td>$376.2K</td>
<td style="text-align: right;">561</td>
<td style="text-align: right;">85</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$104.6</td>
<td>$99.0</td>
<td>$102.0</td>
<td>$300.00</td>
<td>$234.6K</td>
<td style="text-align: right;">561</td>
<td style="text-align: right;">33</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$104.3</td>
<td>$99.0</td>
<td>$102.0</td>
<td>$300.00</td>
<td>$153.0K</td>
<td style="text-align: right;">561</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$91.9</td>
<td>$89.7</td>
<td>$91.9</td>
<td>$260.00</td>
<td>$64.3K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$130.4</td>
<td>$126.0</td>
<td>$127.9</td>
<td>$220.00</td>
<td>$63.9K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>
</p>
<h3>About Charter Communications</h3>
<p>Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.</p>
<p>In light of the recent options history for Charter Communications, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is Charter Communications Standing Right Now?</h3>
<ul>
<li>With a volume of 835,046, the price of CHTR is up 3.32% at $327.55. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 28 days.</li>
</ul>
<h3>What Analysts Are Saying About Charter Communications</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $347.5.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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"><strong>Click here for access</strong></a>.<br />
&#x2A; In a cautious move, an analyst from RBC Capital downgraded its rating to Sector Perform, setting a price target of $345.<br />
&#x2A; An analyst from Citigroup has elevated its stance to Neutral, setting a new price target at $350. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Charter Communications options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


CHTR

Behind the Scenes of Charter Communications's Latest Options Trends

<p>Cryptocurrency markets are finishing the week on a high, with Bitcoin peaking past $66,000 in midday trading.</p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Cryptocurrency</strong></td>
<td><strong>Price&nbsp;&nbsp;&nbsp;&nbsp;</strong></td>
<td><strong>Gains +/-</strong></td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>&nbsp;$65,934</td>
<td>&nbsp;+1.1%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$2,705</td>
<td>&nbsp;+1.9%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>&nbsp;$158.59</td>
<td>&nbsp;+1.3%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.1246</td>
<td>&nbsp;+5.3%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00002052</td>
<td>&nbsp;+10.9%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Notable Statistics: </strong></p>
<ul>
<li>IntoTheBlock data shows large transaction volume increasing by 3.7% and daily active addresses rising by 1.3% for Bitcoin.</li>
<li>According to Coinglass data, 63,487 traders liquidated in the past 24 hours for $139.18 million, with $85 million being short liquidations.</li>
</ul>
<p><strong>Notable Developments:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41067814/bitcoin-pushes-above-65k-but-what-does-technical-analysis-say">Bitcoin Pushes Above $65K But What Does Technical Analysis Say?</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41070034/bitcoin-smashes-through-66-000-as-etfs-take-in-365m-to-extend-their-inflow-streak-to-6-str">Bitcoin Smashes Through $66,000 As ETFs Take In $365M To Extend Their Inflow Streak To 6 Straight Days</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41070497/bitcoin-could-sail-to-70k-on-the-tailwinds-of-stablecoin-minting-chinese-stimulus-renewed-">Bitcoin Could Sail To $70K On The Tailwinds Of Stablecoin Minting, Chinese Stimulus, Renewed Altcoin Activity: 10x Research</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41072097/viral-baby-hippo-moo-deng-steals-spotlight-from-dogecoin-shiba-inu-this-trader-made-392-00">Viral Baby Hippo Moo Deng Steals Spotlight From Dogecoin, Shiba Inu: This Trader Made $392,000 With Over 1,000X Meme Coin Return</a></li>
</ul>
<p><strong>Top Gainers:</strong></p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Cryptocurrency</strong></td>
<td><strong>Price&nbsp;&nbsp;&nbsp;&nbsp;</strong></td>
<td><strong>Gains +/-</strong></td>
</tr>
<tr>
<td>Notcoin (CRYPTO: NOT)</td>
<td>&nbsp;$0.01048</td>
<td>&nbsp;&nbsp;+21.9%</td>
</tr>
<tr>
<td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td>
<td>&nbsp;$0.00002302</td>
<td>&nbsp;+12.2%</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>&nbsp;$0.00001062</td>
<td>&nbsp;+12.1%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Trader Notes: </strong>Analyst Benjamin Cowen <a href="https://x.com/intocryptoverse/status/1839704950059766012">sees</a> ETH moving up to its bull market support band, which would constitute a move to the $2,900s. </p>
<p>Altcoin Psycho feels emboldened by the recent uptrend, <a href="https://x.com/AltcoinPsycho/status/1839692748363895218">saying</a> it is time to &#8220;play offense.&#8221; he has bought several undisclosed altcoins and will &#8220;check back&#8221; in 4 to 8 weeks.</p>
<p>Trader Tyrogue <a href="https://x.com/TyrogueD/status/1762876624826249595">implies</a> that retail investors will soon get interested in meme coins again due to the unit bias. He thinks they will wonder &#8220;what if this coin went to $1?&#8221; and buy accordingly.</p>
<p>Smileycapital thinks several fundamental factors are aligning for crypto to go higher:</p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">&#8211; Seasonally &amp; cyclically most bullish quarters + year ahead<br />&#8211; Risk beta has significant catch up room to major stocks<br />&#8211; USA entered easing cycle<br />&#8211; USA elections<br />&#8211; China stimulating economy<br />&#8211; Japan plans on doing the same^<br />&#8211; Gen Y &amp; Gen-Z desperate to hypergamble their way out <a href="https://t.co/2w089oRAAJ">pic.twitter.com/2w089oRAAJ</a></p>
<p>&mdash; &#x1f642; (@smileycapital) <a href="https://twitter.com/smileycapital/status/1839686338339045845?ref_src=twsrc%5Etfw">September 27, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p><br /><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41066762/if-you-invested-1000-in-bitcoin-dogecoin-and-shiba-inu-exactly-a-year-ago-this-crypto-woul"><strong>If You Invested $1000 In Bitcoin, Dogecoin, And Shiba Inu Exactly A Year Ago, This Crypto Would Give You The Best Returns Today</strong></a></li>
</ul>
<p><em>Image: Shutterstock</em></p>


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

Cryptocurrency

$BONK

$BTC

$DOGE

$ETH

$PEPE

$SHIB

$SOL

Bitcoin, Ethereum, Dogecoin Close Out Strong Week On A High: 'Play Offense,' Says Bullish Trader

Macro Notification

General

iShares MSCI Israel Capped Investable Market Index Fund

ISRA

Israeli Military Says In The Past Hour Fighter Jets Have Attacked Hezbollah Targets In Lebanon Including Weapons Launchers And Weapons Storage

Senior Israeli Official Says Israel Hopes Not To Have To Proceed With Ground Invasion In Lebanon, But Will Not Rule It Out

<p>UBS  analyst Kevin Mcveigh   maintains Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) with a Buy and raises the price target from $400 to $415.</p>


UBS Maintains Buy on Accenture, Raises Price Target to $415

<p><strong>Fission Uranium</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/fcuuf#OTC">FCUUF</a>) has completed the hearing before the Supreme Court of British Columbia regarding the approval of the final order for its acquisition by Paladin Energy Limited. The hearing began before the Court on Sept. 13, 2024, and ended on Sept. 26. Its decision on the final order is expected in the coming weeks.</p>
<p>Fission&#39;s acquisition by Paladin Energy, however, remains opposed by CGN Mining Company Limited (&quot;CGN&quot;), which holds an 11.26% stake in Fission. CGN is a subsidiary of China General Nuclear Power Corp.</p>
<p>Fission&#39;s shareholders voted in favor of the acquisition at the special meeting held on Sept. 9, 2024. The closure of the acquisition currently remains subject to receipt of the final order and clearance under the Investment Canada Act, as well as other customary conditions.</p>
<h2>Fission Uranium-Paladin Energy Merger Overview</h2>
<p>Fission Uranium inked the deal with the Australian miner, Paladin Energy , in June 2024. Per the agreement, Paladin Energy would acquire FCUUF&#39;s outstanding shares for an implied total equity value of C$1.14 billion ($0.846 billion).</p>
<p>The acquisition, if successful, will create a company with a pro forma market capitalization of $3.5 billion. It will be placed among the largest pure-play global uranium companies with a combined mineral resource of 544 million pounds of uranium and ore reserves of 157 million. It will have a solid portfolio of exploration, development and production assets, and a substantially increased international capital markets exposure.</p>
<p>Fission Uranium&#39;s shareholders will receive 0.1076 fully paid shares of Paladin Energy for each share held in FCUUF. On completion, existing Paladin Energy and Fission Uranium shareholders will own around 76% and 24% of the combined entity, respectively.</p>
<p>Paladin Energy has applied for the listing of its shares on the Toronto Stock Exchange concurrent with the completion of the transaction. Consequently, Fission Uranium shareholders will receive TSX-listed Paladin Energy shares.</p>
<h2>FCUUF Buyout to Strengthen Paladin Energy&#39;s Uranium Portfolio</h2>
<p>Paladin Energy is an independent uranium producer with 75% ownership of the world-class long-life Langer Heinrich Mine located in Namibia. It also owns a portfolio of uranium exploration and development assets in Canada and Australia.&nbsp; Through its Langer Heinrich Mine, it delivers uranium to major nuclear utilities across the world. It has a 17-year estimated mine life and a nameplate annual capacity of 6 million pounds of uranium.</p>
<p>The acquisition of Fission Uranium will make Paladin Energy the 100% owner of the Patterson Lake South uranium property. It is a proposed high-grade uranium mine and mill in Canada&#39;s Athabasca Basin region. The feasibility study for the property projects a 10-year mine life with an annual production of 9.1 million pounds of uranium.</p>
<p>This move will help Paladin Energy capitalize on the growing demand for uranium. Several factors are driving this demand, such as the need for more electricity generation and the global push to decarbonize electrical grids, among others.</p>
<p>Over the past few years, the global uranium market has undergone a shift from an inventory-driven to a production-driven market.&nbsp; Underinvestment in uranium mining operations over the past decade has been the reason for a structural deficit between global production and uranium requirements.&nbsp; In 2024 and 2025, the gap between production and demand is projected to be more than 66 million pounds of uranium. This gap is expected to reach more than 400 million pounds by 2034. Uranium prices will be supported by robust demand and tight supply.</p>
<h2>Fission Uranium Stock&#39;s Price Performance</h2>
<p>Shares of Fission Uranium have gained 11.1% in the past year compared with the industry&#39;s 37.7% growth.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/8a/79511.jpg?v=1484847009" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>FCCUF&#39;s Zacks Rank &amp; Stocks to Consider</h2>
<p>Fission Uranium currently carries a Zacks Rank #3 (Hold).</p>
<p>Some better-ranked stocks from the basic materials space are <strong>Carpenter Technology Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>), <strong>Eldorado Gold Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ego#NYSE">EGO</a>) and <strong>IAMGOLD Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iag#NYSE">IAG</a>). Each of these stocks sports a Zacks Rank #1 (Strong Buy) at present.</p>
<p>The Zacks Consensus Estimate for Carpenter Technology&#39;s fiscal 2025 earnings is pegged at $6.06 per share. The consensus estimate for earnings has moved 17% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 15.9%. CRS&#39; shares have gained 129% in a year.</p>
<p>The consensus estimate for Eldorado Gold&#39;s 2024 earnings is pegged at $1.32 per share. The consensus estimate for earnings has moved 16% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 430%. EGO&#39;s shares have gained 106% in a year.</p>
<p>The Zacks Consensus Estimate for IAMGOLD&#39;s 2024 earnings is pegged at 39 cents per share. The consensus estimate for earnings has moved 44% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 200%. IAG&#39;s shares have gained 160% in a year.</p>
<p><a href="https://www.zacks.com/stock/news/2342763/fission-uranium-awaits-court-decision-on-acquisition-by-paladin-energy?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2342763">To read this article on Zacks.com click here.</a></p>


Earnings

Mid Cap

Penny Stocks

Small Cap

Legal

FCUUF

Fission Uranium Awaits Court Decision on Acquisition by Paladin Energy

Senior Israeli Official Says Israel Is The Only Force Actively Fighting Iran And Its Proxies; Says That He Can't Say What Will Evolve, But That This Could Be A Pivot; Israel Doesn't Seek A Broader War; Says It's Too Early To Say If Israeli Strike Hit Nasrallah

<p>The refinancing of debt and a raised credit rating by S&amp;P Global has <strong>AMC Entertainment Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) CEO <strong>Adam Aron</strong> increasingly optimistic than ever about the long-term outlook of the <a href="https://www.benzinga.com/topic/movie-theater-stocks">movie theater stock</a>.</p>
<p><strong>What Happened</strong>: While speaking at the Variety Entertainment and Technology Summit Thursday, Aron shared the impact of the <a href="https://www.benzinga.com/general/entertainment/24/07/39915020/are-the-good-times-about-to-roll-at-amc-adam-aron-highlights-staggering-box-office-lineup-g">strong summer box office </a>and refinancing as key catalysts for the company.</p>
<p>"I'm a relieved human being," Aron <a href="https://variety.com/2024/film/news/amc-theatres-adam-aron-optimistic-upgrades-1236157370/">said </a>of the refinancing. "In July, we were able to announce that we'd worked agreements with 150 different lending institutions that will refinance most of our long-term debt and push our maturities."</p>
<p>Perhaps the &#8220;most important thing&#8221; AMC did was negotiate with lenders to refinance its debt again in 2026, &#8220;pushing it out further than 2030," Aron added.</p>
<p>The AMC CEO also referenced <strong>IMAX </strong>CEO <strong>Rich Gelfound</strong> in his keynote, saying the executive is "sure that Harry Houdini works at AMC," due to the company's magic-like ability to survive against the odds.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/general/entertainment/24/05/39010959/amc-ceo-says-were-still-here-how-taylor-swift-popcorn-buckets-help-movie-theater-from-going">AMC CEO Says &#8216;We&#8217;re Still Here&#8217;: How Taylor Swift, Popcorn Buckets Help Movie Theater From Going &#8216;Kaplooey&#8217;</a></strong></p>
<p>Along with refinancing debt, Aron shared the impact that several strong box office blockbusters could have on future financials.</p>
<p>Box office earnings from June to September were more than double the previous five months. They went from $1.5 billion to $3.5 billion, Aron added.</p>
<p>Among the movies that helped were "Inside Out 2," "Despicable Me 4" and "Deadpool &amp; Wolverine."</p>
<p>"I can tell you with such confidence that the combination of resolving our balance sheet with a rising box office means rising profitability," Aron said.</p>
<p>Aron said the movie industry has been playing defense in recent years. It has had to fight off the COVID-19 pandemic impact plus Hollywood labor strikes.</p>
<p>"We get to play on offense again."</p>
<p><strong>Price Action: </strong>AMC stock is up 1% to $4.58 on Friday versus a 52-week trading range of $2.38 to $11.88. AMC stock is down 25% year-to-date, as seen on the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"> Benzinga Pro chart</a> below. The stock has fallen over 90% in the last five years.</p>
<p><figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27142256/Screenshot-195.png" alt="" class="wp-image-570501" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27142256/Screenshot-195.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27142256/Screenshot-195-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27142256/Screenshot-195-768x381.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure></p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/general/entertainment/24/07/40080474/after-taylor-swift-and-beyonc-now-usher-goes-to-amc-will-shareholders-say-yeah-or-be-caught">Taylor Swift And Beyoncé, Now Usher Go To AMC: Will Shareholders Say &#8216;Yeah&#8217; Or Be &#8216;Caught Up&#8217; In Stock Drop?</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Entertainment

AMC Survival Against Challenging Sector Brings Magic Comparison: 'Harry Houdini Works At AMC'

U.S. State Department Approves Possible Sale Of Advanced Anti-Radiation Guided Missiles-Extended Range And Related Equipment To Australia For An Estimated Cost Of $405M

<p>On Thursday, the FDA approved&nbsp;<strong>Bristol Myers Squibb&nbsp;&amp; Co&#8217;s</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>)&nbsp;Cobenfy (xanomeline and trospium chloride, KarXT), an oral medication for&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/09/41064867/schizophrenia-treatment-revolution-fda-approves-bristol-myers-squibb-cobenfy-as-new-class-of-trea" rel="noreferrer noopener">schizophrenia in adults</a>.</p>
<p><strong>BMO Capital</strong> analyst notes that the FDA approval without a boxed warning is a significant positive for Bristol Myers shares.</p>
<p>The analyst notes that given that many prior antipsychotic medications received black box warnings due to increased mortality risks, particularly in elderly patients, Cobenfy&#8217;s absence of such a warning could significantly enhance its potential in treating Alzheimer&#8217;s related-psychosis, pending further clinical trials.</p>
<p>BMO projects peak sales of $2.4 billion for Cobenfy in schizophrenia and $3.9 billion in Alzheimer&#8217;s related-psychosis, raising the price target to $53 from $48, with a <a target="_blank" href="https://www.benzinga.com/quote/BMY/analyst-ratings" rel="noreferrer noopener">Market Perform rating</a>.</p>
<p>The analyst notes that Cobenfy will be priced at $1,850 for a 30-day supply or $22,500/year, representing a discount to previous expectations.</p>
<p><strong>Truist Securities</strong> highlights that <strong>AbbVie Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) is also advancing emraclidine as a treatment for schizophrenia and Alzheimer&#8217;s disease-related psychosis.</p>
<p>According to Truist analysts, emraclidine differs from KarXT in its mechanism of action.</p>
<p>Despite emerging competition, Truist points out that KarXT holds a first-mover advantage and is ahead by at least two to three years.</p>
<p>Truist maintains the Buy rating and a price target of $62.</p>
<p><strong>William Blair</strong> projects peak U.S. sales for Cobenfy to reach approximately $2 billion by 2030, driven solely by its use in treating schizophrenia.</p>
<p>However, if the drug is approved for additional indications, such as Alzheimer-related psychosis and adjunctive schizophrenia—both currently in Phase 3 trials—annual sales could rise to around $3 billion to $5 billion, pending positive results.</p>
<p>The analyst points out that although the label lacks a black box warning, it does include caution for urinary retention, elevated heart rate, reduced gastric motility, and angioedema.</p>
<p><strong>Price Action:</strong> BMY stock is up 2.33% at $51.29&nbsp;at the last check on Friday.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/general/biotech/24/09/41070911/fda-removes-clinical-hold-on-biomea-fusions-early-stage-trials-for-potential-diabetes-candidate" target="_blank" rel="noreferrer noopener">FDA Removes Clinical Hold On Biomea Fusion&#8217;s Early-Stage Trials For Potential Diabetes Candidate</a>.</strong></li>
</ul>


Analyst Color

Biotech

Health Care

Movers

ABBV

Absence of Black Box Warning For Bristol Myers' Schizophrenia Treatment Could Enhance Alzheimer's Psychosis Potential

<p><a href="https://www.youtube.com/watch?v=RXIt6NuJqn0" title="https://www.youtube.com/watch?v=RXIt6NuJqn0">https://www.youtube.com/watch?v=RXIt6NuJqn0</a></p>


Politics

LIVE: Trump delivers remarks on inflation and economy at Michigan rally - Fox News

Asset Sales

AUMN

Golden Minerals Signs Definitive Agreement To Sell El Quevar Silver Project To Butte Energy For $3.5M, With Closing Expected By October 31, 2024

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Microchip Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MCHP, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Microchip Technology.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish.</p>
<p>Out of all of the special options we uncovered, 4 are puts, for a total amount of $159,517, and 4 are calls, for a total amount of $276,980.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $67.5 to $92.5 for Microchip Technology over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Microchip Technology stands at 3441.71, with a total volume reaching 2,314.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Microchip Technology, situated within the strike price corridor from $67.5 to $92.5, throughout the last 30 days.</p>
<h3>Microchip Technology Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727463806_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.55</td>
<td>$1.4</td>
<td>$1.5</td>
<td>$92.50</td>
<td>$120.6K</td>
<td>7.1K</td>
<td style="text-align: right;">905</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$3.6</td>
<td>$3.2</td>
<td>$3.5</td>
<td>$85.00</td>
<td>$65.8K</td>
<td>1.7K</td>
<td style="text-align: right;">188</td>
</tr>
<tr>
<td>MCHP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$3.4</td>
<td>$3.1</td>
<td>$3.4</td>
<td>$67.50</td>
<td>$59.5K</td>
<td>35</td>
<td style="text-align: right;">175</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.6</td>
<td>$10.4</td>
<td>$10.6</td>
<td>$75.00</td>
<td>$45.5K</td>
<td>418</td>
<td style="text-align: right;">45</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$0.75</td>
<td>$0.6</td>
<td>$0.6</td>
<td>$90.00</td>
<td>$45.0K</td>
<td>10.5K</td>
<td style="text-align: right;">784</td>
</tr>
</tbody>
</table>
</p>
<h3>About Microchip Technology</h3>
<p>Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.</p>
<h3>Where Is Microchip Technology Standing Right Now?</h3>
<ul>
<li>With a volume of 2,959,783, the price of MCHP is up 0.89% at $81.02. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 34 days.</li>
</ul>
<h3>What Analysts Are Saying About Microchip Technology</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $80.0.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Truist Securities has revised its rating downward to Hold, adjusting the price target to $80. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Microchip Technology with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


MCHP

What the Options Market Tells Us About Microchip Technology

<p><strong>RBC Capital Markets</strong> analyst Ashish Sabadra initiated coverage on <strong>Intercontinental Exchange Inc. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>) at an Outperform rating and <a target="_blank" href="https://www.benzinga.com/quote/ICE/analyst-ratings" rel="noreferrer noopener">a price target of $200</a>.</p>
<p>The analyst writes that Mortgage technology is poised for double-digit growth, driven by synergies from the BKI acquisition and a recovering market.</p>
<p>The analyst adds that ICE Bonds are expected to benefit from digitization, while ICE Indices will gain from the shift to passive fixed-income investing.</p>
<p>Sabadra says that the business model is recession-resilient, capitalizing on increased volatility and strong franchises in mortgage origination and servicing, energy benchmarks, the NYSE, and fixed-income indices.</p>
<p>The analyst says that ICE should see mid-single to high-single-digit (MSD-HSD) revenue growth from this sector, supported by strong sales momentum and an expanding implementation pipeline. In addition, opportunities to upsell and cross-sell to the fixed income customer base are anticipated.</p>
<p>In the energy sector, ICE is projected to sustain solid double-digit revenue growth. Increased volatility from macroeconomic, geopolitical, and regulatory uncertainties is expected to drive higher demand for hedging. The shift towards passive fixed income investing should similarly benefit ICE Indices, with the strong franchise likely to support accelerated growth.</p>
<p>Regarding cost synergies and operating leverage, ICE forecasts approximately $200 million from BKI cost synergies by the fifth year post-acquisition. This, coupled with ongoing deleveraging and dividends yielding over 1%, is predicted to generate low teens-plus Total Shareholder Return (TSR) annually.</p>
<p>On a strategic level, ICE plans to use its substantial Free Cash Flow (FCF) primarily for debt reduction in the coming quarters, aiming to lower its leverage ratio to around 3.0x. This is part of a broader strategy to optimize its balance sheet while maintaining the capacity for shareholder returns and strategic acquisitions.</p>
<p>ICE&#8217;s diverse revenue streams, strategic positioning within key financial markets, and technological capabilities in mortgage and data services underpin its robust competitive stance. The company&#8217;s focus on enhancing operational efficiencies and expanding its product offerings through acquisitions like BKI positions it well for future growth and profitability.</p>
<p>Investors can gain exposure to the stock via&nbsp;<strong>the Listed Funds Trust Horizon Kinetics Blockchain Development ETF&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCDF#NYSE">BCDF</a>) and <strong>the Tema ETF Trust Tema Monopolies and Oligopolies ETF</strong> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/TOLL#BATS">TOLL</a>).</p>
<p><strong>Price Action:</strong> ICE shares are up 0.46% at $158.85 at the last check Friday.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40693687/cme-group-downgraded-analyst-sees-cutthroat-competition-from-bgc-group-cboe-global-" target="_blank" rel="noreferrer noopener">CME Group Downgraded: Analyst Sees Cutthroat Competition From BGC Group, Cboe Global &amp; Intercontinental Exchange</a></strong></li>
</ul>


Equities

Initiation

Listed Funds Trust Horizon Kinetics Blockchain Development ETF

BCDF

TOLL

ICE's Resilient Business Model and Technological Advancements Drive an Outperform Rating - Here's Why

Senior Israeli Official Says Israel Was Aiming To Take Out About Half Of Hezbollah's Missile And Rocket Capabilities 'And We Did'

<p>Providing a diverse range of perspectives from bullish to bearish, 18 analysts have published ratings on Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) in the last three months.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $22.22, a high estimate of $32.00, and a low estimate of $17.00. This current average reflects an increase of 6.72% from the previous average price target of $20.82. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727463704_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Robinhood Markets by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$23.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$24.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$32.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$18.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$23.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Devin Ryan</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$30.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$19.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Kenneth Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$17.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Neutral</td>
<td>$18.00</td>
<td>-</td>
</tr>
<tr>
<td>Alex Markgraff</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$21.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$20.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$18.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Robinhood Markets. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Robinhood Markets compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Robinhood Markets's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>To gain a panoramic view of Robinhood Markets's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/HOOD/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Robinhood Markets analyst ratings.</strong></a></p>
<h2>Get to Know Robinhood Markets Better</h2>
<p>Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.</p>
<h3>Robinhood Markets's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Robinhood Markets's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of <strong>40.33%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> Robinhood Markets's net margin excels beyond industry benchmarks, reaching <strong>27.57%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Robinhood Markets's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>2.68%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Robinhood Markets's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.43%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Robinhood Markets's debt-to-equity ratio is below the industry average. With a ratio of <b>0.71</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


HOOD

The Analyst Verdict: Robinhood Markets In The Eyes Of 18 Experts

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>MicroAlgo&nbsp;</strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/mlgo-stock-quote/"><strong>MLGO</strong></a>) stock is up on Tuesday after the central processing algorithm solutions company announced a <a href="https://www.nasdaq.com/press-release/microalgo-inc-nasdaq-mlgo-announced-jointly-establish-micro-consciousness-quantum">joint micro-consciousness quantum research center</a> with <strong>WIMI </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a></span>).</p>



<p>MicroAlgo&nbsp;says that its joint research center with WIMI will cover physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other forms of research. It will do so through the four following core research directions.</p>



<ul><li>Quantum computing and consciousness model.</li>



<li>Brain-computer interface technology.</li>



<li>Big data AI and quantum consciousness.</li>



<li>Quantum-driven generative consciousness.</li>
</ul><p>MicroAlgo&nbsp;said the following about the collaboration with WIMI in a news release.</p>




<p>&ldquo;From the vision of globalization, the center will integrate the world&rsquo;s top resources and gather talents from the world, and is committed to becoming an international innovation platform for quantum information science, artificial intelligence, neuroscience and biology, and to lead towards a future where artificial intelligence and quantum science will go hand in hand.&rdquo;</p>




<h2>MLGO Stock Movement Today</h2>



<p>MLGO shares are seeing heavy trading on Tuesday alongside this news. That has more than 13 million shares of the stock changing hands. This is well above its daily average trading volume of about 759,000 shares.</p>



<p>MLGO stock is up 162.2% as of Tuesday morning.</p>



<p>Investors will want to keep reading for more of the most recent stock market stories!</p>



<p>We have all of the hottest stock market news traders need to know about on Tuesday! That includes the biggest pre-market stock movers, the latest <strong>Tesla</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/"><strong>TSLA</strong></a>) news and more. All of this info is good to go at the links below!</p>



<h2>More Tuesday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/06/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-tuesday-june-4th/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Tuesday</a></li>



<li><a href="https://investorplace.com/2024/06/dear-tsla-stock-fans-mark-your-calendars-for-june-13/">Dear TSLA Stock Fans, Mark Your Calendars for June 13</a></li>



<li><a href="https://investorplace.com/2024/06/gsk-stock-falls-as-70000-zantac-lawsuits-move-forward-what-to-know/">GSK Stock Falls as 70,000 Zantac Lawsuits Move Forward. What to Know.</a></li>
</ul><p><em><strong>On <a href="https://investorplace.com/stock-types/penny-stocks/">Penny Stocks</a> and Low-Volume Stocks:</strong>&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.</em></p>



<p><em><strong>Read More:</strong>&#8239;Penny Stocks &mdash;&nbsp;</em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank"><em>How to Profit Without Getting Scammed</em></a></p>



<p><em>On the date of publication, William White 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&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/06/why-is-microalgo-mlgo-stock-up-162-today/">Why Is MicroAlgo (MLGO) Stock Up 162% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Why Is MicroAlgo (MLGO) Stock Up 162% Today?

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Investors wondering why stocks are down today are in the right place as we have all of the details behind what&rsquo;s weighing on the market on Tuesday!</p>



<p>The big reason why stocks are down today has to do with data from the <a href="https://finance.yahoo.com/news/job-openings-fall-to-lowest-level-since-february-2021-141149453.html">latest jobs report</a>. The April report shows that job openings have fallen to their lowest since February 2021 at 8.06 million jobs. This comes after a hiring spree that took place after the pandemic.</p>



<p>Oxford Economics lead US economist Nancy Vanden Houten said the following about this to <em>Yahoo Finance</em>.</p>




<p>&ldquo;The decline in openings points to a slower pace of hiring in the months ahead. However, layoffs remain low, so net job growth should continue to be positive. The labor market remains healthy enough to allow Fed policy decisions to be primarily guided by readings on inflation.&rdquo;</p>




<p>Investors are also anxious about <a href="https://finance.yahoo.com/news/stock-market-today-stocks-slip-as-us-economy-starts-to-show-cracks-133125000.html">upcoming decisions from the Federal Reserve</a>. The economy may be slowing but the Fed is using inflation as its deciding factor for interest rate cuts. Until inflation has dropped enough, traders are unlikely to see those rates fall.</p>



<p>Let&rsquo;s check out what all of this means for the <a href="https://finance.yahoo.com/world-indices/">major stock indices</a> below!</p>



<h2>Stocks Down Today: Major Indices Fall</h2>



<ul><li>The <strong>S&amp;P 500</strong> starts us off with a .23% drop as of Tuesday afternoon.</li>



<li>Next is the <strong>Dow Jones Industrial Average</strong> with a .03% decrease as of this writing.</li>



<li>Closing us out is the <strong>NASDAQ Composite</strong> with a .19% fall on Tuesday.</li>
</ul><p>There are more stock market stories ready to go below!</p>



<p>We have all of the hottest news traders need to know about on Tuesday! That includes what&rsquo;s happening with shares of <strong>WiMi Hologram Cloud</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a>), <strong>SOBR Safe</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/sobr-stock-quote/"><strong>SOBR</strong></a>) and <strong>Microsoft</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/"><strong>MSFT</strong></a>) stock today. All of that info is available at the following links!</p>



<h2>More Tuesday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/06/why-is-wimi-hologram-cloud-wimi-stock-up-23-today/">Why Is WiMi Hologram Cloud (WIMI) Stock Up 23% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-sobr-safe-sobr-stock-up-83-today/">Why Is SOBR Safe (SOBR) Stock Up 83% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/microsoft-layoffs-2024-what-to-know-about-the-latest-cloud-job-cuts/">Microsoft Layoffs 2024: What to Know About the Latest Cloud Job Cuts</a></li>
</ul><p><em>On the date of publication, William White 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&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/06/why-are-stocks-down-today-june-4th/">Why Are Stocks Down Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Why Are Stocks Down Today?

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>WiMi Hologram Cloud</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a>) stock is heading higher on Tuesday after the company <a href="https://finance.yahoo.com/news/wimi-announced-jointly-establish-micro-080500394.html">announced a collaboration</a> with <strong>MicroAlgo&nbsp;</strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/mlgo-stock-quote/"><strong>MLGO</strong></a>).</p>



<p>This has the two companies working together to create a joint micro-consciousness quantum research center. This location will focus on physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other areas of study.</p>



<p>WiMi Hologram Cloud notes that the facility will tackle four topics in particular. They are as follows.</p>



<ul><li>Quantum computing and consciousness model.</li>



<li>Brain-computer interface technology.</li>



<li>Big data AI and quantum consciousness.</li>



<li>Quantum-driven generative consciousness.</li>
</ul><p>Here&rsquo;s what WiMi Hologram Cloud said about the facility in a news release.</p>




<p>&ldquo;The micro-consciousness quantum research center builds a bridge between basic science and applied technology, closely connecting the theoretical research of basic science and the practice of applied technology. It not only focuses on basic science research, but also promotes a arrange of innovative technologies in practice, and actively facilitates the transfer from research results to practical applications.&rdquo;</p>




<h2>How This Affects WIMI Stock</h2>



<p>WIMI stock is on the rise today as investors buying up shares causes heavy trading. This has more than 51.9 million shares of the stock changing hands as of this writing. That&rsquo;s a massive surge in trading volume compared to the company&rsquo;s daily average of about 2.6 million shares.</p>



<p>WIMI stock is up 22.7% as of Tuesday afternoon.</p>



<p>Investors will find more of the most recent stock market stories below!</p>



<p>All of the hottest stock market stories are ready to go for Tuesday! We have coverage of <strong>SOBR Safe</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/sobr-stock-quote/"><strong>SOBR</strong></a>), <strong>Microsoft</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/"><strong>MSFT</strong></a>) and <strong>GameStop</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/gme-stock-quote/"><strong>GME</strong></a>) that&rsquo;s worth reading about today. You can find all of it at the following links!</p>



<h2>More Stock Market News for Tuesday</h2>



<ul><li><a href="https://investorplace.com/2024/06/why-is-sobr-safe-sobr-stock-up-83-today/">Why Is SOBR Safe (SOBR) Stock Up 83% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/microsoft-layoffs-2024-what-to-know-about-the-latest-cloud-job-cuts/">Microsoft Layoffs 2024: What to Know About the Latest Cloud Job Cuts</a></li>



<li><a href="https://investorplace.com/2024/06/gme-stock-alert-roaring-kitty-held-gamestop-shares-as-of-june-3/">GME Stock Alert: Roaring Kitty Held GameStop Shares as of June 3</a></li>
</ul><p><em>On the date of publication, William White 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&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/06/why-is-wimi-hologram-cloud-wimi-stock-up-23-today/">Why Is WiMi Hologram Cloud (WIMI) Stock Up 23% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Why Is WiMi Hologram Cloud (WIMI) Stock Up 23% Today?

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>A cucumber recall is in effect as consumers in 14 states are in danger of contracting salmonella from potentially infected vegetables.</p>



<p>The cucumber recall was announced by Fresh Start Produce Sales of Delray, Fla., after testing showed the bacteria on a sample in Pennsylvania. However, the company notes that these cucumbers are unlikely to have made it to store shelves.</p>



<p>Just to be on the safe side, <a href="https://www.nbcnews.com/business/consumer/cucumbers-recall-14-states-salmonella-concerns-what-kind-where-rcna155155">customers in 14 states</a> will want to check with retailers about where their customers came from. They are as follows.</p>



<h2>Cucumber Recall: States Affected</h2>



<ul><li>Alabama</li>



<li>Florida</li>



<li>Georgia</li>



<li>Illinois</li>



<li>Maryland</li>



<li>New Jersey</li>



<li>New York</li>



<li>North Carolina</li>



<li>Ohio</li>



<li>Pennsylvania</li>



<li>South Carolina</li>



<li>Tennessee</li>



<li>Virginia</li>



<li>West Virginia</li>
</ul><p>To help narrow this down further, Fresh Start Produce Sales includes dates for when the cucumbers in the recall were shipped. The affected vegetables in the cucumber recall were shipped from May 17 to May 21.</p>



<p>Consumers will also want to keep an eye out for <a href="https://www.today.com/health/recall/cucumbers-salmonella-recall-rcna155195">signs of salmonella</a>. The illnesses&rsquo; symptoms include diarrhea, fever and stomach cramps. The illness is more serious for adults over 65, children under five and those with weakened immune systems.</p>



<p>The Food and Drug Administration (FDA) is also conducting tests on the infected cucumbers. It&rsquo;s performing whole-genome sequencing to ascertain if these cucumbers are connected to a larger salmonella outbreak.</p>



<p>There are plenty of other stories that are worth checking out below!</p>



<p>We have all of the hottest news on Tuesday that are of interest to stock market traders. A few examples include why stocks are down today, the latest news on <strong>WiMi Hologram Cloud</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a>) stock and more. All of this info is readily available at the links below!</p>



<h2>More Tuesday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/06/why-are-stocks-down-today-june-4th/">Why Are Stocks Down Today?</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-wimi-hologram-cloud-wimi-stock-up-23-today/">Why Is WiMi Hologram Cloud (WIMI) Stock Up 23% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-sobr-safe-sobr-stock-up-83-today/">Why Is SOBR Safe (SOBR) Stock Up 83% Today?</a></li>
</ul><p><em>On the date of publication, William White 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&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/06/cucumber-recall-2024-14-states-hit-with-cucumber-recalls-over-salmonella-concerns/">Cucumber Recall 2024: 14 States Hit With Cucumber Recalls Over Salmonella Concerns</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Cucumber Recall 2024: 14 States Hit With Cucumber Recalls Over Salmonella Concerns

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Shares of <strong>MicroAlgo</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/mlgo-stock-quote/"><strong>MLGO</strong></a>) stock are surging higher by over 650% after the company announced that it would establish a micro-consciousness quantum research center in collaboration with <strong>WiMi</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a>), its <a href="http://ir.microalgor.com/Upload/2024-04-12/6618a007c924d.pdf">parent company</a>. The research center will combine several disciplines, including physics, polymer chemistry and philosophy, in order to advance the study of consciousness.</p>



<p>&ldquo;The micro-consciousness quantum research center builds a bridge between basic science and applied technology, closely connecting the theoretical research of basic science and the practice of applied technology,&rdquo; said MicroAlgo.</p>



<p>The center&rsquo;s research will focus on four aspects: the Quantum computing and consciousness model, brain-computer interface technology, big data artificial intelligence (<span>AI</span>) and quantum consciousness and quantum-driven generative consciousness.</p>



<p>MicroAlgo and WiMi&rsquo;s research center will also collaborate with Chinese universities and research institutions on shared research, laboratory building and training.</p>



<p>MicroAlgo did not provide any further details, such as the costs to build such a center and any potential revenue impact. As a result, the move in MLGO is highly unusual and likely to reverse, echoing previous unusual moves in Chinese companies like <strong>AMTD Digital</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/hkd-stock-quote/"><strong>HKD</strong></a>) and <strong>Magic Empire Global</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/megl-stock-quote/"><strong>MEGL</strong></a>). It&rsquo;s also worth noting that MLGO&rsquo;s float of <a href="https://finance.yahoo.com/quote/MLGO/key-statistics/">1.87 million shares</a> is extremely small, making the stock susceptible to sudden, volatile movements.</p>



<p>MicroAlgo&rsquo;s <a href="http://www.microalgor.com/">website</a> is also bare-bones and does not provide much information about the company.</p>



<h2>5 Investors Betting Big on MLGO Stock in Q1</h2>



<p>Tracking <a href="https://whalewisdom.com/stock/vena">institutional ownership</a> is important, as these large investors provide liquidity and support for stocks. However, MicroAlgo&rsquo;s institutional ownership is almost nonexistent, likely due to its status as a penny stock, falling sales and a lack of profitability.</p>



<p>As of the first quarter, only four 13F filers disclosed a stake in MLGO stock, a decline of nine filers compared to the prior quarter. These filers own a total of 10,862 shares, down by 77.52% from 48,313 shares during Q4. In addition, zero hedge funds reported a stake in the company.</p>



<p>The message from the Q1 13F data is quite clear: no one really cares or knows about MicroAlgo. With that in mind, let&rsquo;s take a look at its top shareholders as of Q1:</p>



<ol><li>WiMi: 3.69 million shares. WiMi Q1 13D filing showed that it added 800,000 shares.</li>



<li>Chairman Jie Zhao: 1.85 million shares, accurate as of Dec. 31. These shares are owned by WiMi, while Zhao owns 100% of its Class A ordinary shares.</li>



<li><strong>UBS Group</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ubs-stock-quote/"><strong>UBS</strong></a>): 9,444 shares. UBS added 9,298 shares during Q1.</li>



<li><strong>Tower Research Capital</strong>: 967 shares. Tower Research added 821 shares during Q1.</li>



<li><strong>Morgan Stanley</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ms-stock-quote/"><strong>MS</strong></a>): 450 shares. Morgan Stanley sold 204 shares during Q1.</li>
</ol><p><strong><em>On Penny Stocks and Low-Volume Stocks:</em></strong><em>&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.</em>&nbsp;</p>



<p><strong><em>Read More:</em></strong><em>&#8239;Penny Stocks &mdash; </em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank"><em>How to Profit Without Getting Scammed</em></a><em></em>&nbsp;</p>



<p><em>On the date of publication, Eddie Pan did not hold (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&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em>Publishing Guidelines</em></a><em>.&nbsp;</em></p>
<div><p>Eddie Pan specializes in institutional investments and insider activity. He writes for InvestorPlace&rsquo;s Today&rsquo;s Market team, which centers on the latest news involving popular stocks.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/06/5-investors-betting-on-microalgo-mlgo-stock-in-q1/">5 Investors Betting on MicroAlgo (MLGO) Stock in Q1</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

5 Investors Betting on MicroAlgo (MLGO) Stock in Q1

SOBR Safe, MicroCloud Hologram, and WiMi Hologram Cloud are the 3 Penny Stocks to watch now, based on TipRanks' Penny Stock Screener tool. Penny st...

3 Penny Stocks to Watch Now

MicroAlgo, Nauticus Robotics, and Faraday Future Intelligent Electric are the 3 Penny Stocks to watch on June 13, based on&nbsp;TipRanks' Penny Sto...

3 Penny Stocks to Watch Now, 6/13/24

A substantial stake acquisition in any company can significantly boost investor sentiment. If the company in question is a penny stock with a marke...

Here's Why MicroAlgo Shares Are Flying Higher This Week

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>If you want to adjust your investment portfolio to stay with the times, look no further. </p>



<p>For many, augmented reality (<strong>AR</strong>) stocks are a novelty. The AR industry is forecasted to <a href="https://www.skyquestt.com/report/augmented-reality-market#:~:text=Augmented%20Reality%20(AR)%20Market%20was,period%20(2024%2D2031).">grow by 33.5% annually until 2031</a>, illustrating its secular growth prospects. Also, numerous AR stocks are backed by systematic factors, allowing investors to generate superior returns.</p>



<p>Despite the industry&rsquo;s potential, undervalued AR stocks are few and far between, as information about the industry is widely dispensed. Therefore, I journeyed to find three overlooked and underpriced augmented reality stocks. My screen focused on fundamental aspects, company-specific events and technical analysis. Moreover, I factored in valuation multiples to ensure a holistic analysis.</p>



<p>Importantly, augmented reality stocks are risky, meaning investors should be willing and able to take risks before investing in them. However, if you&rsquo;re a risk-seeking investor like me, then examine three augmented reality stocks worth considering.</p>



<h2>Vuzix Corp. (VUZI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/vuzi-stock-1-300x169.jpg" alt="Vuzix (VUZI) branded AR glasses"><div>Source: zixia / Shutterstock.com</div></div><p><strong>Vuzix</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/vuzi-stock-quote/"><strong>VUZI</strong></a></span>) is a vertically integrated augmented reality company servicing numerous end markets, including security, defense, and enterprise clients. The company was <a href="https://ir.vuzix.com/company-information/company-history#:~:text=Our%20History,UK%3B%20and%20Tokyo%2C%20Japan.">founded in 1997</a>, but its product line only recently started to flourish amid a shift in the consumer environment.</p>



<p>I have much hope for VUZI stock, as I expect it to benefit from lucrative end markets and financial market-based support. Furthermore, Vuzix has formed critical partnerships, allowing it to scale. For example, the company <a href="https://www.vuzix.com/blogs/press-releases/vuzix-and-avegant-announce-strategic-partnership-to-develop-full-color-optical-reference-design-for-ai-enabled-consumer-smart-glasses">recently partnered with Avegant</a> to develop and supply optical modules. And additional partnerships may be in the offing, given Vuzix&rsquo;s nimble yet orchestrated business model.</p>



<p>VUZI stock has <a href="https://investorplace.com/stock-quotes/vuzi-stock-quote/">lost more than 40%</a> in the past six months, largely due to <a href="https://www.marketwatch.com/investing/stock/vuzi/analystestimates">consecutive quarterly earnings misses</a>. However, VUZI stock&rsquo;s forward price-to-sales <a href="https://seekingalpha.com/symbol/VUZI/valuation/metrics">ratio of 7.8x is approximately 65.68%</a> lower than its five-year average, suggesting it is relatively undervalued. Moreover, VUZI stock recently breached its <a href="https://seekingalpha.com/symbol/VUZI/momentum/performance">ten- and 50-day moving averages</a>, indicating that it has reached a support level.</p>



<p>In essence, Vuzix is a contrarian stock with secular prospects. I&rsquo;m bullish here!</p>



<h2>Nextech3D.ai. (NEXCF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/ai1600c-300x169.jpg" alt="AI stocks"><div>Source: Shutterstock</div></div><p><strong>Nextech3D.ai</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/nexcf-stock-quote/"><strong>NEXCF</strong></a></span>) is a high-quality artificial intelligence (<strong>AI</strong>) image generator. The company provides strong value propositions, including cost-saving, time efficiency and dynamic image generation. Although in its early stages, Nextech3D.ai might experience tremendous traction in the coming years, allowing it to scale its operations.</p>



<p>Recently, the company proved its worth by delivering a promising first-quarter earnings report. Nextech3D.ai achieved <a href="https://www.accesswire.com/867536/nextech3dai-reports-q1-2024-revenue-of-1024000-with-gross-profit-margin-of-51-or-526212-a-70-jump-over-2023" target="_blank">C$1.02 million</a> (approximately $750,000) in quarterly revenue, illustrating its use case. Additionally, the company&rsquo;s gross profit margin grew by an impressive 70% year-over-year (<strong>YOY</strong>)to 51%.</p>



<p>I like the look of this company, as it has a bright concept and a margin expansion story. As mentioned before, Nextech3D.ai&rsquo;s first-quarter gross profit margin expanded. However, the company anticipated additional enhancements due to its cost-cutting program. In fact, it forecasts its gross profit margin to settle between 70% and 80% by its next reporting quarter.</p>



<p>Lastly, NEXCF has a sound valuation outlook. For instance, it has a price-to-sales ratio of <a target="_blank" href="https://finance.yahoo.com/quote/NEXCF/key-statistics/">1.84x</a>, which is exceptionally low for a company with Nextech3D.ai&rsquo;s growth potential.</p>



<h2>WiMi Hologram Cloud (WIMI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/wimi-stock-300x169.jpg" alt="Holographic earth and digital pattern. representing WiMi Hologram Cloud Stock"><div>Source: Shutterstock</div></div><p><strong>WiMi Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a></span>) is a holographic augmented reality platform that provides advertising and entertainment services. The company aims to become China&rsquo;s largest holographic ecology, which is no easy feat but lucrative if successful. </p>



<p>I decided to include WIMI stock on the list as it provides a diversification tool via its exposure to China. Moreover, WiMi Hologram Cloud operates in a highly skilled domain, meaning it is protected by high barriers to entry.</p>



<p>WiMi Hologram Cloud released its full-year earnings report in April, revealing <a href="https://www.sahmcapital.com/news/content/wimi-hologram-cloud-full-year-2023-earnings-cn483-loss-per-share-vs-cn415-loss-in-fy-2022-2024-04-27">CN&yen;585.4m</a> (approximately $80 million) in revenue and a net loss of CN&yen;421.2m (approximately $58 million). Although its financial results are shaky, I anticipate the firm&rsquo;s fundamentals will improve in the next few years as it consolidates its market share via succinct product development.</p>



<p>It is needless to say that WIMI stock has its flaws. However, it provides an excellent early-stage opportunity, especially considering it has a <a href="https://finance.yahoo.com/quote/WIMI/key-statistics/">price-to-sales ratio of merely 0.88x</a>.</p>



<p><em>On the date of publication, Steve Booyens did not hold (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&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Steve Booyens co-founded Pearl Gray Equity and Research in 2020 and has been responsible for cross-asset research and PR ever since. Before founding the firm, Steve spent time working in various finance roles in London and South Africa. He holds an MSc in Investment Banking from Queen Mary &ndash; University of London. Furthermore, Steve obtained his CFA Charter on April 26, 2024, and is working toward his Ph.D. in Finance. His articles are published on various reputable web pages such as Seeking Alpha, TipRanks, Yahoo Finance, and Benzinga. Steve&rsquo;s articles on InvestorPlace form an interesting juxtaposition between mainstream opinion and objective theory. Readers can expect coverage on frequently traded stocks, REITs, fixed-income funds, CEFs, and ETFs.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/06/youve-been-warned-3-augmented-reality-stocks-to-buy-now-or-regret-forever/">You&#8217;ve Been Warned! 3 Augmented Reality Stocks to Buy Now or Regret Forever.</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

You've Been Warned! 3 Augmented Reality Stocks to Buy Now or Regret Forever.

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Pre-market stock movers are worth diving into this morning and we have all of the hottest news worth checking out on Thursday!</p>



<p>Moving stocks this morning are an acquisition deal, a clinical trial launch, earnings reports and more.</p>



<p>Let&rsquo;s get into that news below!</p>



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li><strong>Chuy&rsquo;s </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/chuy-stock-quote/"><strong>CHUY</strong></a>) stock is rocketing more than 46% on a <a href="https://www.nasdaq.com/press-release/darden-restaurants-acquire-chuys-holdings-inc-approximately-605-million-transaction">$605 million acquisition deal</a>.</li>



<li><strong>Onconetix</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/onco-stock-quote/"><strong>ONCO</strong></a>) shares are soaring over 43% alongside heavy pre-market trading.</li>



<li><strong>Apollomics </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/aplm-stock-quote/"><strong>APLM</strong></a>) stock is surging more than 25% with strong early morning trading.</li>



<li><strong>Bionomics </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/bnox-stock-quote/"><strong>BNOX</strong></a>) shares are rising over 23% as it <a href="https://www.nasdaq.com/press-release/bionomics-initiates-affirm-1-phase-3-clinical-trial-bnc210-social-anxiety-disorder">kicks off a Phase 3 clinical trial</a>.</li>



<li><strong>Big Tree Cloud</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/dsy-stock-quote/"><strong>DSY</strong></a>) stock is increasing more than 18% with strong pre-market trading.</li>



<li><strong>ZimVie </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/zimv-stock-quote/"><strong>ZIMV</strong></a>) shares are heading over 13% higher without any clear news on Thursday morning.</li>



<li><strong>SAI.TECH Global</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/sai-stock-quote/"><strong>SAI</strong></a>) stock is gaining more than 12% on a <a href="https://www.globenewswire.com/news-release/2024/07/18/2914992/0/en/SAI-TECH-Global-Corporation-Announces-Share-Repurchase-Program.html">share repurchase program</a>.</li>



<li><strong>MultiMetaVerse</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/mmv-stock-quote/"><strong>MMV</strong></a>) shares are climbing over 11% as it continues a recent rally.</li>



<li><strong>Psyence Biomedical</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/pbm-stock-quote/"><strong>PBM</strong></a>) stock is jumping more than 10% despite a lack of news today.</li>



<li><strong>XWELL </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/xwel-stock-quote/"><strong>XWEL</strong></a>) shares are up over 10% this morning.</li>
</ol><h2>10 Top Losers</h2>



<ol><li><strong>Leslies </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/lesl-stock-quote/"><strong>LESL</strong></a>) stock is diving more than 21% on <a href="https://www.nasdaq.com/press-release/leslies-inc-announces-preliminary-third-quarter-fiscal-2024-financial-results-and">preliminary earnings and guidance</a>.</li>



<li><strong>Aptevo Therapeutics</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/apvo-stock-quote/"><strong>APVO</strong></a>) shares are rumbling over 13% after a massive rally yesterday.</li>



<li><strong>Domino&rsquo;s Pizza</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/dpz-stock-quote/"><strong>DPZ</strong></a>) stock is sliding more than 13% with the release of its <a href="https://ir.dominos.com/static-files/68ecdbfc-bd1c-486a-a574-d6f54b7e5132">Q2 earnings report</a>.</li>



<li><strong>CBL International</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/banl-stock-quote/"><strong>BANL</strong></a>) shares are taking an over 12% beating on Thursday morning as it retreats from a rally yesterday.</li>



<li><strong>WiMi Hologram Cloud</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/wimi-stock-quote/"><strong>WIMI</strong></a>) stock is dropping close to 12% after an unexpected rally yesterday.</li>



<li><strong>Beyond Meat</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/bynd-stock-quote/"><strong>BYND</strong></a>) shares are falling more than 11% on <a href="https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae">restructuring talks with bondholders</a>.</li>



<li><strong>American Rebel</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/areb-stock-quote/"><strong>AREB</strong></a>) stock is decreasing over 11% this morning after rallying on Wednesday.</li>



<li><strong>Aditxt </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/adtx-stock-quote/"><strong>ADTX</strong></a>) shares are slipping more than 10% <a href="https://investorplace.com/2024/07/why-is-aditxt-adtx-stock-up-72-today/">following a rally yesterday</a>.</li>



<li><strong>Stardust Power</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/sdst-stock-quote/"><strong>SDST</strong></a>) stock is dipping over 10% <a href="https://investorplace.com/2024/07/stardust-power-sdst-stock-pops-140-days-after-debut-what-to-know/">after a surprise rally yesterday</a>.</li>



<li><strong>GRI Bio</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/gri-stock-quote/"><strong>GRI</strong></a>) shares close out our pre-market stock movers down more than 9%.</li>
</ol><p><em>On the date of publication, William White 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&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/07/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-thursday-july-18th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday

ADTX

APLM

APVO

AREB

BANL

BNOX

BYND

CHUY

FFIE

HOLO

KITT

LESL

MEGL

MLGO

MSFT

NEXCF

ONCO

SDST

SOBR

TSLA

VUZI

WIMI

XWEL

ZIMV

Press Releases

WiMi Developed a Blockchain-Based Trust Approach for Cloud Computing to Address Security in Services

WiMi Built an Advanced Data Structure Architecture Using Homomorphic Encryption and Federated Learning

WiMi Announced a Blockchain-based Framework for Secure Data Sharing in Smart Cities

WiMi Announced a Secure and Trusted Collaborative Learning Based on Blockchain for IoT

WiMi Developed a Payment Channel Rebalancing Model for Layer-2 Blockchain

WiMi Hologram Cloud Announced an Identity Management Model Based on Blockchain

WiMi Developed a Blockchain Empowered Asynchronous Federated Learning for Optimizing Model Training

"Stocks to Watch Showing Strong Market Potential INBS, NANO.T, MLGO, KAVL, PNPN.V"

WiMi Developed a Blockchain-Based Integrated Architecture for Security Maintenance in Cloud Computing

WIMI develops glasses product "WiMi HoloAR Lens" to enhance wearable user experience

Comments

WiMi Hologram Cloud

Noticias

Últimas noticias sobre WiMi Hologram Cloud (NASDAQ:WIMI) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL