La cadena de opciones muestra datos clave de las opciones de acciones de UTime a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para UTime..

UTime (NASDAQ:WTO) Bolsa, Cadena de Opciones

UTime

UTime Ltd is engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. It also provides Electronics Manufacturing Services (EMS), including Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) services, for renowned brands. The company operates in China and its products are sold globally, including Mexico, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. It has two in-house brands, UTime, known as its middle-to-high end label and targets middle class consumers from emerging markets; and Do, as its low- to mid-end brand, is positioned to the grassroots consumers and price-sensitive consumers in emerging markets.

UTime Ltd

SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) has made a significant financial turnaround, reporting a profit of $7.8 billion in its latest quarter, largely attributed to successful Indian <a href="https://www.benzinga.com/news/global/24/11/41929194/nvidia-and-softbank-to-build-japans-top-ai-supercomputer-on-blackwell-platform-jensen-huang-says-tokyo-is-leaping-into-the-ai-industrial-revolution">IPOs and improved tech valuations</a>.
What Happened: The Japanese conglomerate&#8217;s profit in the quarter ending September starkly contrasts the $6.05 billion loss in the same period last year, <a href="https://www.ft.com/content/a86569e7-8743-4474-a6a8-13a3f30085e3">reported</a> the Financial Times.
The Vision Fund, known for its high-risk, tech-heavy investments, contributed to this turnaround with a $3.95 billion profit. This is the first time in nine quarters that the Vision Fund&#8217;s cumulative investment gains have turned positive.
Notable IPOs in India, including those of Ola Electric and FirstCry, have significantly boosted SoftBank&#8217;s valuations. The company&#8217;s CFO, Yoshimitsu Goto, highlighted the positive impact of these IPOs, which lifted valuations by $1.7 billion.
Other factors contributing to SoftBank&#8217;s improved financial position include valuation gains at Coupang in South Korea and DiDi in China, as well as a favorable impact on net income from the weak yen.
See Also: <a href="https://www.benzinga.com/24/11/41890968/bitcoin-kisses-89500-ethereum-dogecoin-extend-trump-victory-rally-how-long-before-btc-hits-100000-analysts-reveal?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin Hovers Around $90K, Ethereum, Dogecoin Extend Trump Victory Rally: How Long Before BTC Hits $100,000? Analysts Reveal</a>
Why It Matters: SoftBank&#8217;s <a href="https://www.benzinga.com/news/24/08/40387488/masayoshi-sons-plans-to-rival-nvidia-with-softbanks-own-ai-chip-production-hit-a-roadblock-as-intel">interest in AI</a> has been a recurring theme, with CEO Masayoshi Son predicting the advent of artificial superintelligence within a decade.
More recently, SoftBank has been in the news for its plans to rival Nvidia with its own AI chip production. However, these plans hit a roadblock as negotiations with Intel <a href="https://www.benzinga.com/news/24/08/40387488/masayoshi-sons-plans-to-rival-nvidia-with-softbanks-own-ai-chip-production-hit-a-roadblock-as-intel">reportedly fell through</a>. This latest financial success may provide SoftBank with the resources to further pursue its AI ambitions.
In August, SoftBank <a href="https://www.benzinga.com/markets/asia/24/08/40213337/masayoshi-sons-softbank-announces-3-4b-share-buyback-as-vision-fund-tech-arm-yields-investment-gains">announced a $3.4 billion share buyback program</a>, following pressure from concerned shareholders. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/legal/24/11/41960485/nvidias-crypto-past-returns-to-haunt-as-supreme-court-signals-green-light-for-lawsuit">Nvidia&#8217;s Crypto Past Returns To Haunt As Supreme Court Signals Green Light For Lawsuit</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Asia

Equities

News

Global

Markets

SFTBF

SFTBY

SoftBank Is In Profit Once Again Thanks To Indian IPOs: What's Next For Masayoshi Son?

Deepwater Asset Management&#8217;s managing partner Gene Munster has supported Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX CEO Elon Musk&#8217;s <a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">new role in President-elect</a> Donald Trump&#8217;s administration.
What Happened: On Wednesday, Munster took to X, formerly Twitter, and advised critics not to underestimate Musk.
&#8220;It takes longer for Elon&#8217;s&nbsp;visions to become reality,&#8221; he stated, adding, &#8220;It&#8217;ll likely take many years&nbsp;for Musk&#8217;s plans to result&nbsp;in a $2T reduction in&nbsp;government spend.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/personal-finance/24/11/41773588/elon-musks-mom-knew-he-was-a-genius-by-3-years-old-but-worried-hed-end-up-in-a-basement-now-hes-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Mom Knew He Was A &#8216;Genius&#8217; By 3 Years Old But Worried He&#8217;d &#8216;End Up In A Basement&#8217; – Now He&#8217;s The Richest Man In The World</a>
Munster also said that&nbsp;the Tesla CEO operates under &#8220;first principles,&#8221; and he expects Musk to propose numerous ways to improve government operations in the coming months.
His final advice to those skeptical about Musk&#8217;s role in government was simple: &#8220;Don&#8217;t bet against Elon.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Three thoughts for those in DC who are up in arms at the prospect of Elon coming in hot and changing the way government is done: 1) It takes longer for Elon&#39;s visions to become realty. Retail investors and Wall Street more broadly have seen this in play for the last decade.…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1856768018749296872?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: This development follows Trump&#8217;s plan to appoint Musk and former presidential candidate Vivek Ramaswamy to lead a new Department of Government Efficiency (DOGE).
Meanwhile, the leading dog-themed cryptocurrency, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) surged by more than 93% over the past week, securing the sixth spot among the largest cryptocurrencies by market capitalization. The cryptocurrency shares the same acronym as the efficiency department.
The initiative, compared to &#8220;The Manhattan Project,&#8221; will focus on dismantling bureaucracy, reducing regulations, and cutting wasteful expenditures.
Previously,&nbsp;<a href="https://www.benzinga.com/personal-finance/24/11/41701075/elon-musk-warns-of-hardship-for-americans-if-trump-puts-him-in-charge-of-cutting-33-trillion-deb">Musk had warned</a>&nbsp;of &#8220;temporary hardship&#8221; for Americans as he aims to drastically reduce federal spending.
At the time, he said that cuts would be so broad that &#8220;everyone&#8217;s going to have to take a haircut,&#8221; and predicted pushback, calling it a necessary path to &#8220;long-term prosperity.&#8221;
Price Action: Following Trump&#8217;s announcement regarding the new department, Tesla shares ended Wednesday&#8217;s session with a 0.53% increase, ending at $330.24. However, in after-hours trading, the stock saw a slight dip, falling to $329.69 as of the latest update, according to the <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>. 
Dogecoin is currently priced at $0.3854, reflecting a 0.65% gain over the last 24 hours. However, the trading volume for DOGE has dropped by 38.05%, standing at $25.06 billion at the time of writing.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41890024/much-wow-dogecoin-is-now-larger-than-ford-adidas-lululemon-roblox-15-companies-worth-less-than-meme-crypto?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Much Wow! Dogecoin Is Now Larger Than Ford, Adidas, Lululemon, Roblox: 15 Companies Worth Less Than Meme Crypto</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Politics

$DOGE

TSLA

Gene Munster Says Elon Musk's DOGE Efficiency Plans Should Not Be Underestimated, But Warns 'It'll Likely Take Many Years' To Achieve $2 Trillion In Government Spending Cuts

On Wednesday, major U.S. indices showed mixed results: the Dow Jones Industrial Average edged up 0.1% to close at 43,958.19, while the S&amp;P 500 gained a slight 0.02% to end at 5,985.38. Meanwhile, the Nasdaq slipped 0.3% to finish at 19,230.72.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
Palantir closed the day with a 1.42% gain at $60.70, with an intraday high and low of $63.39 and $59.85 respectively. The stock&#8217;s 52-week high and low stand at $63.39 and $15.66. The company recently announced the renewal of its <a href="https://www.benzinga.com/24/11/41936392/whats-going-on-with-palantir-stock-after-renewing-collaboration-with-rio-tinto">multi-year enterprise agreement</a> with mining giant Rio Tinto Plc, extending the partnership for an additional four years.
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)
Amazon&#8217;s shares rose by 2.48% to close at $214.10. The stock&#8217;s intraday high and low were $215.09 and $209.14, with a 52-week high and low of $215.09 and $139.53. The company <a href="https://www.benzinga.com/news/global/24/11/41949051/whats-going-on-with-amazon-stock-wednesday-2">launched</a> a low-cost shopping storefront called "Haul" to compete with heavily discounted Chinese products from competitors like Temu and Shein.
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41867104/lucid-ceo-scrambles-for-damage-control-as-shares-plunge-47-this-year-as-a-major-shareholderbelieve-me-nobody-is-more-incentivized-than-me-for-success?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Lucid CEO Scrambles For Damage Control As Shares Plunge 47% This Year: &#8216;As A Major Shareholder…Believe Me</a>
Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>)
Cisco&#8217;s stock increased by 0.80% to close at $59.18. The intraday high and low were $59.28 and $57.84, while the 52-week high and low were $59.38 and $44.5. The company reported <a href="https://www.benzinga.com/24/11/41936392/whats-going-on-with-palantir-stock-after-renewing-collaboration-with-rio-tinto">first-quarter revenue</a> of $13.84 billion, beating the consensus estimate of $13.77 billion.
Intuitive Machines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>)
Intuitive Machines saw a significant 13.08% increase to close at $11.76. The stock&#8217;s intraday high and low were $12.99 and $10.60, with a 52-week high and low of $13.25 and $2.09. The company&#8217;s shares rose in <a href="https://www.benzinga.com/news/earnings/24/11/41952975/intuitive-machines-ast-spacemobile-shares-are-surging-whats-going-on">anticipation of its earnings report</a>, set to be released on Thursday.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares saw a slight increase of 0.53% to close at $330.24. The stock&#8217;s intraday high and low were $344.60 and $322.50, with a 52-week high and low of $358.64 and $138.80. The EV giant recalled 2,431 Cybertrucks in the U.S. over concerns of a <a href="https://www.benzinga.com/news/earnings/24/11/41952975/intuitive-machines-ast-spacemobile-shares-are-surging-whats-going-on">potential loss of drive power</a> to the wheels.
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/11/41927985/bitcoin-ethereum-consolidate-dogecoin-surges-as-election-rally-takes-a-breather-analyst-says-pullback-typical-for-healthy-market?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum Consolidate, Dogecoin Surges As Election Rally Takes A Breather: Analyst Says Pullback &#8216;Typical&#8217; For Healthy Market</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

AMZN

CSCO

LUNR

PLTR

Palantir, Amazon, Cisco, Intuitive Machines, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, the Cathie Wood-led Ark Invest made substantial trades in Rocket Lab USA Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Archer Aviation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>).
The Rocket Lab USA Inc Trade
Ark Invest sold 479,628 shares in Rocket Lab USA. The trades were made through ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) and ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) and were valued at almost $9 million. On Wednesday, Rocket Lab shares shot up over 28% to $18.83.
This sale came after Rocket Lab reported better-than-expected financial results for the third quarter and announced a multi-launch agreement with a <a href="https://www.benzinga.com/news/contracts/24/11/41941068/rocket-lab-stock-is-blasting-off-wednesday-whats-going-on">confidential customer</a>. The company was also awarded a defense contract worth up to $8 million. Rocket Lab&#8217;s shares surged after it reported revenue of $104.81 million, beating the consensus estimate of $102.28 million. The company also reported a loss of 10 cents per share, which was less than the expected loss of 11 cents per share. Rocket Lab expects fourth-quarter revenue in the range of $125 million to $135 million and plans to end the year with more Electron launches. The company has already set an annual launch record with 12 Electron launches to date. 
The Amazon.com Trade
Ark Invest also purchased Amazon.com shares. Those transactions were made through ARKQ and ARKX and were valued at $956,812. On Wednesday, Amazon shares ended the day 2.48% higher at $214.10.
Amazon&#8217;s stock rose after the company launched an <a href="https://www.benzinga.com/news/global/24/11/41949051/whats-going-on-with-amazon-stock-wednesday-2">online storefront</a> called &#8220;Haul,&#8221; designed to compete with Temu. The storefront offers low-cost shopping, with products priced to compete with heavily discounted Chinese products from competitors like Temu and Shein. Chinese e-commerce platforms have built loyal user bases by offering steep discounts on merchandise. Amazon began talking with China-based sellers about offering a similar service earlier this year. 
The Archer Aviation Trade
Archer Aviation was another significant trade made by Ark Invest. The firm purchased 57,395 shares of the company for $245,650. The trades were made through ARKQ and ARKX. Archer Aviation shares closed Wednesday 8.15% lower at $4.28.
Archer Aviation, a frontrunner in the electric vertical takeoff and landing (eVTOL) aircraft sector, has seen its stock price soar after signing a <a href="https://www.benzinga.com/content/41897968/archer-aviation-taking-off-in-tokyo-and-beyond">major deal</a> with a Japanese aviation giant and reporting solid earnings for the third quarter of fiscal year 2024. Archer Aviation&#8217;s strategic alliance with Soracle, a joint venture between Japan Airlines (JAL) and Sumitomo Corporation, has electrified the eVTOL market. Soracle has obtained the right to purchase up to 100 of Archer&#8217;s Midnight aircraft, with a potential value reaching $500 million. This agreement marks a significant financial boost for Archer and a calculated entry into a market ripe for urban air mobility disruption. 
Importantly, Ark also purchased 55,770 shares of Joby Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>). Joby is also an eVTOL company. The transaction amounted to $329,043.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41931993/dogecoin-tumbles-despite-elon-musk-vivek-ramaswamys-doge-appointment-this-is-what-indicators-tell-about-its-next-moves?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin Tumbles Despite Elon Musk, Vivek Ramaswamy&#8217;s &#8216;DOGE&#8217; Appointment: This Is What Indicators Tell About Its Next Moves</a>
Other Key Trades: 
<ul>
<li>Ark purchased 1,000 shares of Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) through ARKX. The transaction was valued at $139,300.</li>
<li>The Wood-led firm purchased shares of Iridium Communications Inc. (IRDM), L3Harris Technologies Inc. (LHX), and Schrodinger Inc. (SDGR).</li>
<li>Ark Sold shares of Repare Therapeutics Inc. (SNTI) and Adaptive Biotechnologies Corp. (ADPT) along with Exact Sciences Corp. (EXAS).</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/11/41891682/dogecoin-bitcoin-returns-are-dazzling-but-first-neiro-on-ethereum-and-popcat-have-run-up-55000-and-20000-so-far-in-2024?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin, Bitcoin Returns Are Dazzling But First Neiro On Ethereum And Popcat Have Run Up 55000% and 20000% So Far In 2024</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ACHR

ARKQ

ARKX

JOBY

RKLB

Cathie Wood Cashes Out On Rocket Lab's 28% Surge in $9M Share Sale But Expands Bet On Flying Cars

Bitcoin continued to make records as supportive inflation numbers raised the market's expectations of further interest rate cuts by the Federal Reserve.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.79%</td>
<td>$89,874.80</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.11%</td>
<td>$3,190.24</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.10%</td>
<td>$0.3925</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The world's largest cryptocurrency sailed above $93,000 during U.S. trading hours Wednesday, before a sharp correction into the $89,000 zone.
Bitcoin's dominance rose to 60%, reflecting that investors were far more confident in it than other cryptocurrencies.
Ethereum also rallied to an intraday high of $3,366, later cooling down to $3,190, as investors began cashing out.
Nearly $850 million in derivatives contracts was erased in the last 24 hours, with leveraged longs accounting for 61% of the total.
Bitcoin's Open Interest (OI) rose 2.30% in the last 24 hours, signaling higher speculative interest.&nbsp;
Most top trader accounts on Binance were still positioned for Bitcoin's decline, as seen from the Long/Short Ratio indicator.
The "Extreme Greed" sentiment strengthened as the reading on the Cryptocurrency Fear and Greed Index rose from 84 to 88.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Peanut the Squirrel (PNUT)</td>
<td>+443.42%</td>
<td>$2.32</td>
</tr>
<tr>
<td>Pepe (PEPE)</td>
<td>+46.86%</td>
<td>$0.00002171</td>
</tr>
<tr>
<td>Floki (FLOKI)</td>
<td>+30.28%</td>
<td>$0.0000024</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.98 trillion, following an increase of 1.32% in the last 24 hours.
Stocks ticked slightly higher on Wednesday. The Dow Jones Industrial Average rose 47.21 points, or 0.11%, to close at 43,958.19. The S&amp;P 500 gained 0.02% to end at 5,985.38. The tech-heavy Nasdaq Composite registered the second straight day of decline, closing down 0.26% at 19,230.72.
Consumer Price Index (CPI) rose from 2.4% in September to 2.6% in October, <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41938762/october-inflation-rate-rises-to-2-6-as-expected-december-interest-rate-cut-remains-uncertain">in line with economist predictions</a>. Investors raised the odds of a 25 basis-point cut at next month's FOMC meeting to 82% from 58% a day before, <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">data </a>from the CME FedWatch tool showed.&nbsp;
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: In a note to Benzinga, Chris Kline, COO and Co-Founder of BitcoinIRA, said that Bitcoin was likely to witness heightened volatility on the road to $100,000.
"This is not an unexpected phenomenon, as the market often experiences corrections and fluctuations as it navigates uncharted territory," Kline added.
He also backed Bitcoin's appeal as a wealth preservation asset, predicting that it would catch up given the higher chance of another interest rate cut next month.
Influential cryptocurrency analyst Ali Martinez spotted a cup-and-handle pattern for Bitcoin, widely considered a bullish signal in technical analysis.
Martinez set a price target of $255,000 for the leading cryptocurrency.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> price action is following a cup-and-handle pattern, the bullish target could reach $255,000! <a href="https://t.co/EMuA0QAPKA">pic.twitter.com/EMuA0QAPKA</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1856710863023190231?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41959476/fbi-raids-polymarket-ceo-over-crypto-betting-platforms-us-activities-he-fires-back-in-the-face-of-adversity-we-build">FBI Raids Polymarket CEO Over Crypto Betting Platform&#8217;s US Activities — He Fires Back: &#8216;In The Face Of Adversity, We Build&#8217;</a></li>
</ul>

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

Cryptocurrency

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Trading Ideas

$BTC

$ETH

Bitcoin Flirts With $100K, Dogecoin Edges Higher, Ethereum Dips As CPI Numbers Fuel Rate Cut Hopes: Analyst Says BTC Could See Over 180% Upside Due To This Bullish Pattern

The U.S. Supreme Court has signaled its inclination to uphold a class-action lawsuit against Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) for allegedly providing misleading information to investors about its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41931788/nvidia-set-for-major-surge-to-204-analyst-predicts-post-q3-boost-driven-by-blackwell-gpu-demand-strong-margins">reliance on cryptocurrency mining</a>.
What Happened: The Supreme Court heard arguments on Wednesday regarding Nvidia&#8217;s appeal to dismiss a lawsuit accusing the company of misrepresenting its dependence on selling computer chips for cryptocurrency mining, <a href="https://apnews.com/article/supreme-court-nvidia-securities-fraud-cryptocurrency-e146e0d9a4d6887b187ea662bf4c9a6c">reported</a> the Associated Press.
The lawsuit, initiated by a Swedish investment management firm in 2018, persisted despite Nvidia&#8217;s appeal of a lower-court ruling. The case is one of two high-profile class-action lawsuits against tech companies currently under the Supreme Court&#8217;s scrutiny.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41893461/dogecoins-golden-cross-sparks-hype-after-meme-coin-doubles-over-last-week-previous-cycle-saw-a-7000-rally-could-history-repeat?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin&#8217;s Golden Cross Sparks Hype After Meme Coin Doubles Over Last Week: Previous Cycle Saw A 7,000% Rally, Could History Repeat?</a>
Following a downturn in cryptocurrency profitability, Nvidia&#8217;s revenues fell short of projections, leading to a 28% decline in the company&#8217;s stock price. In 2022, Nvidia paid a $5.5 million fine to the Securities and Exchange Commission for failing to disclose that cryptomining was a significant revenue source from the sale of graphics processing units marketed for gaming.
Despite the lawsuit, Nvidia has maintained its position as a leading company in the artificial intelligence sector. The company&#8217;s chipmaking dominance has solidified its status as a key player in the AI boom.
Why It Matters: Nvidia has been making significant strides in the AI space. The company recently partnered with SoftBank to build Japan&#8217;s most <a href="https://www.benzinga.com/news/global/24/11/41929194/nvidia-and-softbank-to-build-japans-top-ai-supercomputer-on-blackwell-platform-jensen-huang-says-tokyo-is-leaping-into-the-ai-industrial-revolution">powerful AI supercomputer</a>, marking a crucial step in Japan&#8217;s global AI dominance.
Analysts have also predicted a major surge in Nvidia&#8217;s stock following its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41931788/nvidia-set-for-major-surge-to-204-analyst-predicts-post-q3-boost-driven-by-blackwell-gpu-demand-strong-margins">third-quarter performance</a>, driven by strong demand for its Blackwell GPUs. Despite this, the ongoing lawsuit could potentially impact the company&#8217;s financial standing.
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</ul>
Image via Unsplash
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Legal

NVDA

Nvidia's Crypto Past Returns To Haunt As Supreme Court Signals Green Light For Lawsuit

The final supermoon of 2024 will appear in the night sky on Thursday, offering a brighter, bigger view of Earth&#8217;s satellite.
This supermoon will come within 225,000 miles of Earth, reaching its full lunar phase on Friday. If you miss it, you'll have to wait until 2025 to see another.
This supermoon arrives after the Taurid meteor shower and before the peak of the Leonids later this month. The closest supermoon this year occurred in October, at just over 222,000 miles from Earth.
What Makes A Moon ‘Super'
The term &#8220;supermoon&#8221; isn't scientific. It simply refers to a full moon that appears when the moon is at its closest point to Earth in its orbit. Though only slightly larger, it can appear up to 30% brighter than a regular full moon.
See Also: <a href="https://www.benzinga.com/tech/24/11/41931521/apples-2024-mac-mini-is-a-compact-powerhouse-but-its-power-button-placement-is-not-the-most-accessible-here-are-some-workable-fixes">Apple&#8217;s 2024 Mac Mini Is A Compact Powerhouse, But Its Power Button Placement Is Not The Most Accessible: Here Are Some Workable Fixes</a>
Tips For Capturing The Supermoon On Your Smartphone
Taking a clear photo of the full moon with a smartphone is challenging but achievable with a few simple tips:
Step I: Charge Your Phone And Bring A Backup Battery
Moon photography can drain your battery, so start with a full charge and pack a portable battery.
Step II: Find The Right Timing And Position
Use a moonrise calculator to determine when the moon will rise locally. Look for an open view to the east, ideally somewhere with minimal obstructions like a beach or hill.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044815/benjamin-davies-9b5dvrjb05g-unsplash-1024x576.jpg" alt="" class="wp-image-644809" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044815/benjamin-davies-9b5dvrjb05g-unsplash-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044815/benjamin-davies-9b5dvrjb05g-unsplash-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044815/benjamin-davies-9b5dvrjb05g-unsplash-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044815/benjamin-davies-9b5dvrjb05g-unsplash-1536x864.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044815/benjamin-davies-9b5dvrjb05g-unsplash.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representation Image &#x7C; Source: Unsplash</figcaption></figure>
Step III: Use A Tripod For Stability
A smartphone tripod will help avoid blurry images. If you don't have one, rest your phone on a steady surface and use a shutter delay feature to prevent any movement.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="681" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044530/atsushi-tsubokura-bkgfQWYl8W0-unsplash-1024x681.jpg" alt="" class="wp-image-644804" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044530/atsushi-tsubokura-bkgfQWYl8W0-unsplash-1024x681.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044530/atsushi-tsubokura-bkgfQWYl8W0-unsplash-300x200.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044530/atsushi-tsubokura-bkgfQWYl8W0-unsplash-768x511.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044530/atsushi-tsubokura-bkgfQWYl8W0-unsplash-1536x1022.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13044530/atsushi-tsubokura-bkgfQWYl8W0-unsplash.jpg 1623w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representation Image &#x7C; Source: Unsplash</figcaption></figure>
Step IV: Lock Focus And Adjust Exposure
Tap and hold on to the moon on your screen to lock focus, then adjust the exposure manually. This is especially useful when the moon is near the horizon and has a warm hue.
Step V: Shoot In RAW Mode
Enable RAW mode in your phone's settings for better detail and dynamic range, capturing both the moon's highlights and the surrounding shadows.
Step VI: Use Binoculars Or A Telescope
For even more detail, align your phone with a telescope or binoculars for a magnified view.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1000" height="667" src="https://editorial-assets.benzinga.com/wp-content/uploads/2023/03/14081103/shutterstock_1698713530.jpg" alt="Moon Photo by Paitoon Pornsuksomboon on Shutterstock" class="wp-image-13718" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2023/03/14081103/shutterstock_1698713530.jpg 1000w,https://editorial-assets.benzinga.com/wp-content/uploads/2023/03/14081103/shutterstock_1698713530-300x200.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2023/03/14081103/shutterstock_1698713530-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /><figcaption class="wp-element-caption">Representation Image &#x7C; Source: Shutterstock</figcaption></figure>
Bonus Tip: Apps like Camera+ 2 or VSCO allow you to control ISO and shutter speed, giving you more flexibility and overexposure.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Photo by Paitoon Pornsuksomboon on Shutterstock
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

General

Last Supermoon Of 2024: Tips To Take That Perfect Shot With Just Your Phone

At LAUNCH Festival 2015, Peter Thiel offered insights into how Elon Musk simultaneously transformed the auto and aerospace industries through Tesla Inc. and SpaceX.
What Happened: In a conversation with Jason Calacanis, Thiel explained that Musk succeeded partly by choosing &#8220;weak competition.&#8221;
He noted that while traditional car companies and the U.S. aerospace sector had &#8220;barely innovated in 50 years,&#8221; Musk entered these industries with strategic foresight.
&#8220;If you&#8217;re going to start a search company, that would be tough because Google's a really tough company… going up against General Motors… and Lockheed, you're at least picking pretty weak competition,&#8221; he stated.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41945659/dogecoin-to-69-cents-or-1-benzinga-readers-predict-how-high-it-could-fly-by-end-of-2024?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin To 69 Cents Or $1? Benzinga Readers Predict How High It Could Fly By End Of 2024</a>
Thiel also described Musk's talent for &#8220;complex coordination.&#8221; This involves combining existing components in new ways, as seen in SpaceX&#8217;s rockets and Tesla&#8217;s cars.
The Paypal and Palantir Technologies co-founder and billionaire investor compared this approach to Apple Inc.&#8217;s creation of the iPhone, which also involved bringing together existing technologies in a novel way.
Thiel also expressed his confidence in Musk&#8217;s ventures, stating, &#8220;I would never bet against&nbsp;Elon in anything.&#8221; 
While Musk was on vacation, PayPal's board, led by Thiel and Max Levchin, <a href="https://www.benzinga.com/fintech/23/08/33975786/elon-musks-paypal-merger-tactics-slammed-by-former-paypal-executive-now-that-were-married-let-me-tel">ousted him as CEO</a>, appointing Thiel in his place in September 2000.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Peter Thiel on being a contrarian" width="500" height="281" src="https://www.youtube.com/embed/ryFB6mvy4uE?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>
</figure>
Why It Matters: Musk founded SpaceX in 2002, investing $100 million from his PayPal earnings.
Following his ousting from PayPal, Musk reportedly grew frustrated with NASA's lack of Mars plans and began pursuing private space projects, including a $100,000 pledge to the Mars Society.
SpaceX initially operated out of hotel conference rooms before moving to Hawthorne, California, where Musk, serving as Chief Engineer, led the development of the Falcon 1 rocket.
In 2008, Falcon 1 became the <a href="https://www.benzinga.com/news/21/12/24731951/its-a-wrap-elon-musks-spacex-launches-final-falcon-9-to-space-for-2022-31st-such-mission-for-the-yea">first privately developed</a> liquid-fueled rocket to reach orbit. Musk's goal was clear: cut space transportation costs and make Mars colonization possible.
However, in 2022, Musk expressed his wish for <a href="https://www.benzinga.com/news/22/04/26775439/elon-musk-rues-lack-of-competition-for-spacex-heres-why">more competition for SpaceX</a>, believing it would aid in making life multi-planetary.
In the first half of 2024, SpaceX <a href="https://www.benzinga.com/news/24/07/39612042/elon-musks-spacex-launches-67-missions-in-first-half-of-2024-trailing-own-targets">launched 67 missions</a> using its Falcon launch vehicles.
Meanwhile, Musk&#8217;s journey with Tesla began in 2004, a year after founders Martin Eberhard and Marc Tarpenning launched the company.
He joined as an early investor and board chairman, contributing $6.35 million of Tesla's initial $6.5m Series A financing, as <a href="https://www.forbes.com/sites/quora/2014/12/29/how-much-equity-did-elon-musk-get-from-investing-in-teslas-series-a/">per</a> Forbes.
His role quickly expanded, and after internal tensions led to Eberhard&#8217;s exit, <a href="https://www.benzinga.com/general/24/01/36574844/elon-musk-says-he-never-wanted-to-be-ceo-of-tesla-or-anything-running-companies-hurts-my-heart-but-h">Musk took over as CEO in October 2008</a>.
Thiel's Founders Fund has invested in SpaceX but holds no stake in Tesla. Previously, Thiel has said that he typically avoids public companies, and Tesla went public relatively early in 2010—though he has since <a href="https://www.benzinga.com/news/24/07/39639542/palantir-chair-peter-thiel-praises-elon-musks-risk-taking-ability-regrets-not-investing-in-tesla-the">admitted having some regrets</a>.
&#8220;We should have invested in that one,&#8221; he said at the Aspen Ideas Festival in late June 2024.
Last month, <a href="https://www.benzinga.com/news/earnings/24/10/41501607/tesla-q3-earnings-highlights-eps-beat-revenue-miss-shares-climb-on-2025-timeline-for-lower-cost-evs">Tesla reported third-quarter revenue</a> of $25.18 billion, up 8% year-over-year, missing a Street consensus estimate of $25.37 billion.
Image via Wikimedia Commons
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Palantir Co-Founder Peter Thiel On How Elon Musk Conquered Both Automobiles And Space—And Why He'd 'Never Bet' Against The Tesla CEO

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

AKAN

Artificial intelligence (AI) is driving a profound transformation in financial markets, ushering in a new era of efficiency and precision in decision-making. This technology is redefining how financial institutions and investors approach data analysis, operations automation, and risk management. With increasingly sophisticated algorithms, the impact of AI extends beyond a simple tool&mdash;it has become an essential component of modern financial infrastructure. However, this transformation is not without significant risks that, if not properly managed, could have serious consequences for the global financial system.
One of the most notable changes is the automation of trading, which has led to unprecedented levels of operational efficiency. Using advanced algorithms, transactions can be executed in microseconds, significantly reducing costs and improving market liquidity. This instant response capability allows algorithms to adapt to real-time fluctuations, thereby optimizing investment strategies. However, this increase in trading speed and volume has also created an increasingly interconnected and sensitive market, which can amplify both gains and losses considerably.
Another fundamental shift is the use of AI in predictive analytics, which enables the anticipation of trends and behavior patterns in assets. The ability to analyze large data volumes and extract useful patterns provides investors with a competitive edge, offering relevant information for decision-making. This tool has reduced market uncertainty and improved the accuracy of financial event predictions, allowing investors to anticipate market changes. However, AI&rsquo;s predictive power relies on the quality and representativeness of the data used, which can also introduce harmful biases.
Risk management is another area where AI has shown a positive impact. Through predictive models and advanced analysis, financial institutions can now assess and mitigate risks with far greater precision. AI-driven tools enable complex scenario evaluations and analyses of how these could affect investment portfolios, a capability that proves crucial in times of high volatility. This not only helps to reduce potential losses but also provides greater stability to the financial system by minimizing the risks associated with unforeseen events.
Despite these advances, the widespread adoption of AI in financial markets presents several risks that must be carefully addressed. One of the greatest dangers is excessive reliance on algorithms, which, if not properly monitored, can lead to erroneous decisions. In an automated environment, systems may react to false signals or misinterpret unusual events, potentially leading to significant losses. This risk is heightened in crisis situations, where human intervention is necessary to assess the context of events.
Moreover, AI and algorithmic trading can also contribute to increased market volatility. The speed at which these systems operate can cause any error to spread rapidly, impacting many investors in a short period. A failure in an algorithm or an incorrect decision in interconnected systems can lead to abrupt price drops, increasing instability in critical moments.
Bias in the data used to train models is another significant risk. AI learns from the data it is trained on; therefore, if these contain biases or do not accurately reflect market behavior, decisions based on them can be distorted. This issue not only affects financial outcomes but can also erode investor confidence in AI-based systems.
Artificial intelligence offers enormous potential to transform and improve financial markets, driving efficiency and strengthening decision-making. However, this adoption must be accompanied by a responsible approach that considers inherent risks and promotes active oversight. Financial institutions and regulators are tasked with finding a balance between innovation and security, so the financial system can benefit from technological advances without compromising its stability. Leveraging the opportunities AI offers in this sector requires a constant commitment to data quality, human oversight, and the implementation of adequate security protocols, ensuring that the impact of these new technologies on financial markets is positive and sustainable in the long term.

The Impact Of AI On Finance: A Revolution Or A Risk?

By <a href="https://roboforex.com/beginners/analytics/forex-forecast/?utm_source=benzinga.com&amp;utm_medium=pr&amp;utm_campaign=rf_en_external_article_13112024&amp;utm_content=analysis&amp;utm_term=forecast" style="color:#0563c1; text-decoration:underline">RoboForex Analytical Department</a>
The USD/JPY currency pair has climbed to a three-month high of 154.87, driven by the strengthening US dollar following Donald Trump&rsquo;s election victory. Markets anticipate that Trump&rsquo;s protectionist policies, which are expected to bolster the US economy, might also fuel inflation, prompting the Federal Reserve to maintain higher interest rates than previously anticipated.
In Japan, producer prices rose at their fastest pace in 14 months in October, signalling persistent inflation pressures. Attention is shifting towards Japan&rsquo;s GDP data for Q3 2024, set to be released on Friday, which will provide further insight into the economic trends affecting the yen.
The Bank of Japan is under scrutiny as it contemplates an interest rate increase to 1% per annum during the first half of fiscal 2025. However, Japanese monetary authorities remain cautious, considering the external economic factors and the challenges posed by persistent inflation.
<h3>Technical Analysis Of USD/JPY</h3>
<a href="https://www.benzinga.com/files/u117641/usdjpyh4_39.png"><img alt="" src="https://www.benzinga.com/files/u117641/usdjpyh4_39.png" style="height:280px; width:624px" /></a>
On the H4 USD/JPY chart, the market continues developing the third wave of growth to the level of 156.15. After reaching this level, we will consider the probability of the start of correction to the level of 154.15. Further, we expect the beginning of a new wave of growth to the level of 157.00. Technically, this scenario is confirmed by the MACD indicator. Its signal line is above the zero level and is directed upwards.
<a href="https://www.benzinga.com/files/u117641/usdjpyh1_37.png"><img alt="" src="https://www.benzinga.com/files/u117641/usdjpyh1_37.png" style="height:280px; width:624px" /></a>
On the H1 USD/JPY chart, the market has formed a consolidation range around the 154.15 level and continues developing the wave to 156.15 with an upward exit. After reaching this level, we expect a correction towards 154.15, initially targeting 155.20. Technically, this scenario is confirmed by the Stochastic oscillator. Its signal line is above the level of 50 and is directed upwards.
Disclaimer
Any forecasts contained herein are based on the author&#39;s particular opinion. This analysis may not be treated as trading advice. RoboForex bears no responsibility for trading results based on trading recommendations and reviews contained herein.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

USD/JPY At A Three-Month Peak: No One Opposes The US Dollar

<h3 class="wp-block-heading">A Different Kind Of Market</h3>
Since last week's election, we've been in a euphoric market for crypto and other "Trump trades", i.e., names that are expected to benefit from President-Elect Trump returning to the White House. This market calls for a different kind of trading. Valuation and other fundamental metrics aren't going to help us here.
But Portfolio Armor's <a target="_blank" rel="noreferrer noopener" href="https://portfolioarmor.com/performance-top-names">Top Ten Names</a> might. That—along with what my understanding of what a "Trump trade" is, is what I'm betting on here.
<h3 class="wp-block-heading">Bigger And Faster Than We Expected</h3>
Last Monday,&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-ai-da2">we opened</a>&nbsp;a call spread on&nbsp;Tesla, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), which was both one of our system's top ten names, and a "Trump trade", given Elon Musk's alliance with Trump. Our bet was on the stock hitting $350 by next December. This was the &#8220;less-contrarian long term trade&#8221; mentioned below.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-ai-da2"><img loading="lazy" decoding="async" width="916" height="812" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12094910/AI-Trade.jpg" alt="" class="wp-image-3249" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12094910/AI-Trade.jpg 916w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12094910/AI-Trade-300x266.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12094910/AI-Trade-768x681.jpg 768w" sizes="(max-width: 916px) 100vw, 916px" /></a></figure>
As it happened, Tesla hit $350&nbsp;on Monday. 
<figure class="wp-block-image aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="912" height="562" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12095049/Tesla-Chart.jpg" alt="" class="wp-image-3250" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12095049/Tesla-Chart.jpg 912w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12095049/Tesla-Chart-300x185.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12095049/Tesla-Chart-768x473.jpg 768w" sizes="(max-width: 912px) 100vw, 912px" /></figure>
Clearly, we weren't bullish enough.
<h3 class="wp-block-heading">Leaving Money On The Table On Monday</h3>
Because the Tesla trade was a call spread, it wasn't feasible to take profits on it on Monday. However, I had two 200% exits on straight call trades, but it still felt like leaving money on the table.
Options
<ol>
<li>Calls on&nbsp;Robinhood Markets, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>). Entered at $2.30 on&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-the-nuclear-option">10/31/2024</a>; exited (half) at $7 on&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-the-nuclear-option/comment/76703049">11/11/2024</a>.&nbsp;Profit: 204%.</li>
<li>Calls on&nbsp;Bit Digital, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>). Entered at $0.75 on&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-two-lottery-tickets">9/13/2024</a>; partial exit on&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-two-lottery-tickets/comment/76705090">11/11/2024</a>&nbsp;at $2.30.&nbsp;Profit: 207%.</li>
</ol>
<h3 class="wp-block-heading">Getting More Aggressive On Tuesday</h3>
On Monday night, there were four "Trump trades" in our daily top ten names. On Tuesday, I plan to place bullish bets on all of them. This time, we'll use options expiring this year, so we'll be able to take profits sooner. Given the rapid advance of stocks like Tesla though, you&#8217;re probably wondering if this is a bubble. Let&#8217;s address that. 
<h3 class="wp-block-heading">What If This Is A Bubble?</h3>
It most certainly is a bubble, but bubbles are when you can make the most money in short periods of time. The key is to get out before it bursts. If I had to guess how long this bubble would last, I'd say until about the end of the year.
Between now and then, traders are free to imagine all sorts of positive impacts from a Trump 2.0 administration—maybe they'll start a Strategic Bitcoin Reserve? And so on. Once Trump enters the White House in late January, those hopes will meet some resistance and Trump trades may need to be repriced.
So, we are going to try to take profits before the end of the year.
<h3 class="wp-block-heading">Maybe This Isn't For You</h3>
Maybe you would rather stay safe. That's fine; you can download our iPhone hedging app by clicking on the QR code below or aiming your iPhone camera at it.
<figure class="wp-block-image size-full"><a href="https://apps.apple.com/us/app/portfolio-armor/id394951144"><img loading="lazy" decoding="async" width="200" height="197" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12100314/QR-Code-3.jpg" alt="" class="wp-image-3253" /></a></figure>
<h3 class="wp-block-heading">But If You Want To Swing For The Fences…</h3>
We have four more Trump trades teed up for this week. If you would like a heads up when we place them, feel free to subscribe to the Portfolio Armor trading Substack/occasional email list below. 
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12100013/Widget-2.jpg" alt="" class="wp-image-3251" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12100013/Widget-2.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/12100013/Widget-2-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

BTBT

HOOD

Trump Trade Update

Former President Donald Trump has announced his nomination of Senator Marco Rubio (R-Fla.) for the role of United States Secretary of State.
What Happened: On Sunday, Trump took to X to express his decision to nominate Senator Marco Rubio for the position of Secretary of State. Trump praised Rubio as a &#8220;highly respected leader&#8221; and a &#8220;powerful voice for freedom&#8221;. He also highlighted Rubio&#8217;s dedication to the nation and his unwavering stance against adversaries.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congratulations <a href="https://twitter.com/marcorubio?ref_src=twsrc%5Etfw">@MarcoRubio</a>!
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1856811266075234468?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Rubio said in a separate post on X that leading the Department of State was a &#8220;tremendous&#8221; responsibility and he was &#8220;honored&#8221; by the trust the President-elect had placed in him.
&#8220;We will deliver peace through strength and always put the interests of Americans and America above all else,&#8221; said Rubio.
Tesla and SpaceX CEO Elon Musk, who has been <a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-feder">appointed</a> by Trump, along with entrepreneur Vivek Ramaswamy, to head the new &#8220;Department of Government Efficiency&#8221; reacted to the announcement by saying, &#8220;Congratulations.&#8221;
See Also: <a href="https://www.benzinga.com/24/11/41867032/trumps-tariff-plans-on-canadian-goods-would-inevitably-hurt-american-workers-warns-justin-trudeau?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Tariff Plans On Canadian Goods Would &#8216;Inevitably Hurt&#8217; American Workers, Warns Justin Trudeau</a>
Trump&#8217;s announcement comes after reports of him <a href="https://www.benzinga.com/news/global/24/11/41893397/trump-reportedly-considers-marco-rubio-for-secretary-of-state-role-who-shares-similar-stance-for-china-but-says-stock-market-is-not-the-economy">considering Rubio for the role</a>. Rubio&#8217;s strong stance on China, which aligns with Trump&#8217;s plans to impose significant tariffs on Chinese imports, is speculated to have influenced Trump&#8217;s decision.
Why It Matters: Rubio&#8217;s nomination as Secretary of State is significant given his previous interactions with Trump. Earlier this year, Rubio denied allegations of being in discussions with Trump&#8217;s team for a <a href="https://www.benzinga.com/news/24/03/37884594/marco-rubio-as-vice-president-florida-senator-says-ive-never-spoken-to-anybody-in-the-trump-world-ab">potential vice-presidential nomination</a>. However, Rubio&#8217;s behind-the-scenes maneuvers have placed him as a top contender for the vice-presidential nomination.
Rubio quietly positioned himself as a top contender for Trump&#8217;s VP pick by avoiding overt support and public clashes with Trump, aiming to appeal with his Cuban heritage and establishing rapport with Trump's campaign adviser Susie Wiles, who is now <a href="https://www.benzinga.com/news/24/11/41831213/trump-appoints-susie-wiles-as-first-woman-chief-of-staff-in-us-history-calls-her-tough-smart-and-inn">nominated</a> to be the next White House chief of staff.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Trump Nominates Marco Rubio As Secretary of State, Calls Florida Senator A 'Powerful Voice For Freedom'

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/11/2024-11-13_08h38_15.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Extreme Sentiment</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-inflation-data-cpi-government-efficiency-tlt-mc-11132024">click here</a> for an enlarged chart of iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>).
Note the following:
<ul>
<li>In The Arora Report analysis, bonds have the potential to spoil the stock market's party.&nbsp; Prudent investors need to keep an eye on bonds.&nbsp;&nbsp;</li>
<li>The chart shows that yields are pulling back in the early trade after the release of the Consumer Price Index.</li>
<li>The chart shows that on Trump's win, TLT approached the high band of the support zone.</li>
<li>The chart shows that the momo crowd ran TLT up back into the bottom resistance zone.</li>
<li>The chart shows that TLT failed to breakout above the bottom resistance zone and has now pulled back below the bottom band of the resistance zone.</li>
<li>The chart shows two spot on Arora calls:
<ul>
<li>Contrary Arora call that bonds will fall when the Fed cut rates. This call was made at a time when everyone was buying bonds.</li>
<li>Arora call on the impact of the election on bonds</li>
</ul>
</li>
<li>Inflation data came inline with consensus. &nbsp;Here are the details:
<ul>
<li>Headline CPI came at 0.2% vs. 0.2% consensus.</li>
<li>Core CPI came at 0.3% vs. 0.3% consensus.</li>
</ul>
</li>
<li>In The Arora Report analysis, prudent investors should pay attention to the fact that the 0.3% core inflation rate is 3.6% annualized.&nbsp; The Fed's stated target is 2%.&nbsp;&nbsp;</li>
<li>The extreme positive sentiment is evident from the following this morning in the early trade:
<ul>
<li>Bonds rose and yields fell on inflation data.</li>
<li>Stock futures were lower prior to the data. Aggressive buying came into stocks after the data.&nbsp; Buying is aggressive in Trump linked stocks such as Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).</li>
<li>&nbsp;Bitcoin was pulling back before CPI was released.&nbsp; Aggressive buying came in after the release of the data.</li>
<li>None of the foregoing would make sense based on the data alone, but Wall Street's thinking is that the Fed will be under pressure from Trump to cut rates in December – the fact that the data does not support a rate cut does not matter because of the political pressure.</li>
</ul>
</li>
<li>Momo gurus are already out with a new reason to buy stocks – inflation was hot but not worse than expected.</li>
<li>Trump has announced that Musk and Ramaswamy will head the Department of Government Efficiency (DOGE).&nbsp; On a lighter note, Doge is the crypto coin that was developed as a joke and subsequently championed by Musk.&nbsp; An indication of extreme sentiment is that the joke coin is now worth more than Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>).&nbsp; On a serious note, if Musk is truly able to cut $2T out of the federal budget, expect a recession and a 20% &#8211; 40% drop in the stock market.&nbsp; In The Arora Report analysis, the primary driving force behind this stock market rise is the excess money in the system.&nbsp;&nbsp;</li>
<li>Initial jobless claims and Producer Price Index will be released tomorrow at 8:30am ET and maybe market moving.</li>
</ul>
<h3 class="wp-block-heading">China</h3>
There is a sigh of relief in Chinese and Asian markets in that even though Trump is appointing China hawks, he has not appointed extreme China hawks so far.
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and TSLA.
In the early trade, money flows are neutral in Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
In the early trade, money flows are negative in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>),&nbsp;Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing aggressive buying.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

AAPL

GOOG

MSFT

iShares Trust Barclays 20+ Year Treasury Bond Fund

Buying In Stocks On Inflation Data, Musk And Ramaswamy Doge

STOCK MOVES OVER 24 POINTS HIGHER DURING SESSION
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="644" height="680" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13211022/Screen-Shot-2024-11-13-at-4.11.16-PM.png" alt="" class="wp-image-3294" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13211022/Screen-Shot-2024-11-13-at-4.11.16-PM.png 644w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13211022/Screen-Shot-2024-11-13-at-4.11.16-PM-284x300.png 284w" sizes="(max-width: 644px) 100vw, 644px" /></figure>
Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 10:25 AM on November 13th, a significant trading signal occurred for Spotify Technology S.A. as it demonstrated a Power Inflow at a price of $448.60. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Spotify&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Spotify&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. Active traders interpret this particular indicator as a bullish signal.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for SPOT, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data are brought to you by Benzinga APIs</a> and include firms, like <a href="https://finitusa.com/en/">Finit USA</a>, responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $448.60. The returns on the High price ($473) and Close price ($470.60) after the Power Inflow were respectively 5.4% and 4.9%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case, the high of the day and close were very close but that is not always the case
Past Performance is Not Indicative of Future Results

Entertainment

Signals

SPOT

Tradepulse Power Inflow Alert: Spotify Technology S.A. Climbs Over 5% After Tradepulse Alert

The Georgian elections <a href="https://europeancapitalinsights.substack.com/p/georgian-election-plunges-nation?r=3nmatg">plunged the Caucasus country</a> into political uncertainty after the pro-Russian ruling party won amid allegations of Russian meddling.&nbsp;&nbsp;
Thousands of pro-European Union (EU) supporters have protested in the capital Tbilisi since the vote on October 26. The opposition has refused<a target="_blank" rel="noreferrer noopener" href="https://www.straitstimes.com/world/europe/thousands-rally-in-georgia-after-contested-vote"> to recognize the results</a> after a controversial partial recount confirmed that the ruling Georgian Dream party won.&nbsp;&nbsp;
Pro-European President Salome Zurabishvili declared the election results "illegitimate," alleging there was a "Russian special operation" to undermine the vote. <a target="_blank" rel="noreferrer noopener" href="https://www.npr.org/2024/10/27/g-s1-30210/georgias-crucial-vote-was-marred-by-intimidation-european-monitors-say">Prime Minister Irakli Kobachidze</a>, who supports closer ties with Moscow, said that "any attempts to talk about election manipulation are doomed to failure."&nbsp;
<a target="_blank" rel="noreferrer noopener" href="https://europeancapitalinsights.substack.com/p/moldova-election-tests-eu-influence">Similar to Moldova</a>, where voting occurred last month, the Georgian election <a target="_blank" rel="noreferrer noopener" href="https://open.substack.com/pub/europeancapitalinsights/p/moldova-election-tests-eu-influence?r=3nmatg&amp;utm_campaign=post&amp;utm_medium=web">sparked a geopolitical battle between</a> the West and Russia. The country's <a target="_blank" rel="noreferrer noopener" href="https://www.atlanticcouncil.org/blogs/ukrainealert/russia-emerges-as-the-real-winner-of-georgias-disputed-election/">Moscow-friendly authorities</a> have pushed a pro-Russia agenda, while the opposition wants to improve ties with the West.&nbsp;
"The opposition presented the vote as a referendum on the country's future: whether Georgia would be an EU democracy or an authoritarian country under Russia's sway," Alexander Atasuntsev, an independent<a target="_blank" rel="noreferrer noopener" href="https://carnegieendowment.org/russia-eurasia/politika/2024/10/georgia-elections-results?lang=en"> journalist specializing in post-Soviet affairs</a>, wrote for Carnegie Politika. "The ruling Georgian Dream party, on the other hand, portrayed it as a fateful choice between war and peace."
The country's election commission declared that Georgian Dream won <a target="_blank" rel="noreferrer noopener" href="https://www.dw.com/en/georgia-ruling-georgian-dream-party-wins-election/a-70611564">its fourth consecutive term</a> with <a target="_blank" rel="noreferrer noopener" href="https://www.dw.com/en/georgia-ruling-georgian-dream-party-wins-election/a-70611564">54% of the votes</a>. The pro-European opposition parties won<a target="_blank" rel="noreferrer noopener" href="https://civil.ge/archives/631386"> 37.8%</a> of the vote.&nbsp;
<figure class="wp-block-image is-resized"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fad07236d-3988-42c4-bb43-f4bff2177689_778x413.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fad07236d-3988-42c4-bb43-f4bff2177689_778x413.png" alt="" style="width:624px" /></a><figcaption class="wp-element-caption">Georgian Parliamentary election results, 2024, source: <a target="_blank" rel="noreferrer noopener" href="https://www.statista.com/statistics/1500279/georgia-parliamentary-election-results/">Statista</a></figcaption></figure>
<h3 class="wp-block-heading">EU, US Call For Georgian Election Investigation</h3>
<a target="_blank" rel="noreferrer noopener" href="https://georgiatoday.ge/blinken-on-georgia-elections-us-condemns-all-violations-of-international-norms/">Washington</a> and <a target="_blank" rel="noreferrer noopener" href="https://www.eeas.europa.eu/eeas/georgia-joint-statement-high-representative-josep-borrell-and-european-commission-parliamentary_en">Brussels</a> have called for a full investigation into the Georgian elections. State Department spokesman Matthew Miller said that the US expects "<a target="_blank" rel="noreferrer noopener" href="https://www.state.gov/briefings/department-press-briefing-october-28-2024/">further consequences if the Georgian</a> government does not change course."&nbsp;
The European Commission (EC) <a target="_blank" rel="noreferrer noopener" href="https://neighbourhood-enlargement.ec.europa.eu/news/statement-european-commission-and-high-representative-josep-borrell-parliamentary-elections-georgia-2024-10-27_en">said</a> a "divisive" atmosphere marked the election with "instances of bribery, double voting and physical violence." Antonio-Lopez-Isturiz White, the head of the European Parliament's delegation to the Organization for Security and Co-operation in Europe mission, accused Georgian Dream of promoting "Russian disinformation."&nbsp;
In response, Moscow accused Western nations of trying to "destabilize" Georgia. "The naked eye can also see attempts to interfere, but not by Russia," Russian presidential spokesman Dmitry Peskov <a target="_blank" rel="noreferrer noopener" href="https://civil.ge/archives/632252">said</a>. "A huge number of forces from European countries tried to influence the outcome of this vote."
Ahead of the elections, polls showed more than 80% of the country's population in favor of European integration. In addition, the Russian invasion of Ukraine in 2022 <a target="_blank" rel="noreferrer noopener" href="https://www.atlanticcouncil.org/blogs/ukrainealert/russia-emerges-as-the-real-winner-of-georgias-disputed-election/">has raised concern about</a> Moscow's intentions in Georgia, given its history of intervention.&nbsp;
<h3 class="wp-block-heading">Europe Wary Of Russian Intentions In Georgia</h3>
Moscow has considered Georgia a key part of its effort to reassert authority across the post-Soviet space. Russia currently endorses the pro-Russian de facto regimes in Abkhazia and South Ossetia after invading Georgia in 2008.
<figure class="wp-block-image is-resized"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff9370ebe-fa4a-4a87-a2cb-ca27ef7ef1d1_715x427.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff9370ebe-fa4a-4a87-a2cb-ca27ef7ef1d1_715x427.png" alt="" style="width:624px" /></a><figcaption class="wp-element-caption">Source: <a target="_blank" rel="noreferrer noopener" href="https://www.bbc.com/news/world-europe-67625450">BBC</a></figcaption></figure>
The breakaway regions of Abkhazia and the Republic of South Ossetia claimed independence from Georgia in the early 1990s, which Moscow recognized after its invasion. Russian troops have been deployed in central Abkhazia at the Black Sea and in Tskhinvali, the capital of South Ossetia.&nbsp;
Georgian authorities consider the Russian troop deployments illegal, occupying 20% of Georgian territory. Russia is also constructing a naval base in <a href="https://www.bbc.com/news/world-europe-67625450" target="_blank" rel="noreferrer noopener">Ochamchire</a> to strengthen its military presence in southern Abkhazia and the Black Sea.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="817" height="807" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13135812/Screenshot-2024-11-13-165741.png" alt="" class="wp-image-3283" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13135812/Screenshot-2024-11-13-165741.png 817w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13135812/Screenshot-2024-11-13-165741-300x296.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/13135812/Screenshot-2024-11-13-165741-768x759.png 768w" sizes="(max-width: 817px) 100vw, 817px" /></figure>
Map Russian military offensive, 2008, source: <a href="https://www.reddit.com/r/MapPorn/comments/117o2b9/map_of_the_russogeorgian_war_2008/?rdt=43355" target="_blank" rel="noreferrer noopener">Reddit</a>
The US and the EU worry that Georgia may follow the path of Belarus, where <a href="https://foreignpolicy.com/2024/03/14/russia-nuclear-weapons-belarus-putin/" target="_blank" rel="noreferrer noopener">Russia has based nuclear weapons</a>.
"Critics of Georgia's governing party fear the country may now follow the geopolitical trajectory of Belarus,"&nbsp;Nicholas Chkhaidze, a research fellow at the Baku-based Topchubashov Centerm, wrote for the Atlantic Council.
In recent years, it "has become increasingly subject to creeping Russian control in every sphere of national life from the economy to defense," he wrote.&nbsp;
<h3 class="wp-block-heading">Georgia Moved Close To Moscow Under Ruling Party</h3>
The Georgian Dream party has grown increasingly close to Moscow despite European efforts to gain influence. The founder of Georgian Dream, Bidzina Ivanishvili, who has made his fortune in Russia, has warm ties with the Kremlin. <a target="_blank" rel="noreferrer noopener" href="https://apnews.com/article/georgia-elections-european-union-russia-06103525947fe3a1d372539a74cb573f">Ivanishvili</a> said he would ban opposition parties, holding them "fully accountable under the full force of the law."&nbsp;
Georgian Dream has clashed with the EU before the election. The EU criticized a law <a target="_blank" rel="noreferrer noopener" href="https://www.cfr.org/in-brief/what-georgias-foreign-agent-law-means-its-democracy">labeling NGOs as foreign agents</a> if they receive 20% or more of funding from abroad. The government has implemented laws that target the country's <a target="_blank" rel="noreferrer noopener" href="https://www.dw.com/en/georgia-ruling-georgian-dream-party-wins-election/a-70611564">LGBTQ+ communities</a>, following a Russian blueprint.
After the Georgian elections, the ruling party snubbed members of the foreign relations committees from the parliaments of France, Germany, Poland, Sweden, Finland and the Baltic states. The opposition party met with the European delegation that traveled on Monday to Tbilisi for talks about the elections.&nbsp;
Kakha Kaladze, secretary general of Georgian Dream and mayor of Tbilisi, <a href="https://www.interpressnews.ge/en/article/134803-kakha-kaladze-they-speak-to-us-in-the-name-of-europe-and-do-everything-to-cause-chaos-in-the-country-their-statements-have-no-value-they-are-idle-people-who-sometimes-go-to-one-country-sometimes-to-another" target="_blank" rel="noreferrer noopener">described </a>the visiting EU politicians as "ordinary pests" and accused them of "propagating lies."
Disclaimer:
Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only.
This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content&nbsp;or&nbsp;accuracy.

Eurozone

Georgian Election Plunges Nation Into EU-Russian Deadlock

With the downfall of Covid-19, pharmaceutical companies turned to oncology in search for their next growth story. Earlier in October, Pfizer Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfe#NYSE">PFE</a>) reported its third quarter revenue grew&nbsp;14% on an operational basis&nbsp;due to approved cancer products from Seagen it acquired last December. On the other hand, Moderna Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) posted a surprise profit and higher than expected revenue following the launch of its updated Covid-19 vaccine earlier this year as focused on slashing costs. But, even with Covid-19 still lingering in the air, Moderna has also focused on harnessing the power of mRNA to make biotech history by revolutionizing cancer treatment. However, there is also a significant advancement in early screening and even possible prevention when it comes to the cancer front. For example, their much smaller peer,&nbsp;Mainz Biomed (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mynz#NASDAQ">MYNZ</a>) just announced a new collaboration agreement aimed at developing and potentially commercializing its next generation colorectal cancer screening product.
Mainz Biomed&rsquo;s next generation CRC screening product is coming to redefine standards.
Mainz Biomed is a molecular genetics diagnostic company specialized in the early detection of cancer. This week, it announced it entered into a collaborative agreement with Thermo Fisher Scientific Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmo#NYSE">TMO</a>), through its subsidiary Life Technologies Corporation, a leading provider of life sciences solutions and services.
With the power of Thermo Fisher&rsquo;s powerful technologies, instrumentation and information translation systems, Mainz Biomed will be empowered to develop the proprietary assays for its mRNA-based next-generation CRC screening tests which are raising the bar when it comes to early cancer detection. With U.S. and European clinical trials of its flagship non-invasive test, Mainz Biomed promises to redefine standards in cancer screening. With ColoAlert, Mainz Biomed not only offers the early detection of colorectal cancer but also detects advanced adenomas which are a known cancer precursor, therefore, opening the doors its peers didn&rsquo;t dare to tackle, the ones of cancer prevention.&nbsp;
Pfizer topped estimates and hiked its full year guidance.&nbsp;
Cancer drugs brought in $854 million to Pfizer&rsquo;s revenue table, including $409 million from a targeted treatment for bladder cancer called Padcev and $268 million from lymphoma-targeting Adectris. Good results provided some much-needed good news for Pfizer CEO Albert Bourla, who is facing new pressure from activist investor Starboard Value.
For the third quarter, Pfizer reported overall revenue of &nbsp;$17.7 billion.
Moderna continues to focus on developing cancer treatment along with lowering costs.
Back in September, Moderna revealed its plan to cut its research and development budget by $1.1 billion over the next three years while it aims to get FDA approval for 10 products like cancer treatments and vaccines. During the latest earnings call, Moderna CEO St&eacute;phane Bancel was pleased with the cost efficiency achieved during the quarter, with the progress being even better than planned. For the third quarter, Moderna reported revenue of&nbsp;$1.86 billion, smashing LSEG&rsquo;s consensus estimate of $1.25 billion. While Pfizer already counts on oncology for boosting sales, Moderna&rsquo;s sales are still made by the Covid shot, along with RSV one that brought&nbsp;&nbsp;$10 million in U.S. sales after gaining approval in May. However, with 45 products in development powered by its messenger RNA platform, Moderna expects to bring 10 of them to the market over the next three years.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Penny Stocks

MRNA

MYNZ

The Oncology Bet Is Already Paying Off For Pfizer

The Federal Bureau Of Investigation, on Wednesday, raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into allegations that the crypto prediction platform allowed U.S.-based users to place bets in <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41819799/polymarket-ceo-on-election-night-it-looked-like-a-done-deal-on-platform-but-just-watching-">violation of regulatory agreements. </a>
Coplan responded on social media, expressing dismay over what he characterized as "a last-ditch effort" by the administration to target companies perceived to be associated with political opposition.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It's discouraging that the current administration would seek a last-ditch effort to go after companies they deem to be associated with political opponents. We are deeply committed to being non-partisan, and today is no different, but the incumbents should do some self-reflecting…
&mdash; Shayne Coplan &#x1f985; (@shayne_coplan) <a href="https://twitter.com/shayne_coplan/status/1856838409861386722?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Coplan stated Polymarket was non-partisan, and that "It's discouraging that the current administration would seek a last-ditch effort to go after companies they deem to be associated with political opponents." 
He added that Polymarket had contributed value to tens of millions of users this election cycle without causing harm.
The investigation centers on claims that Polymarket allowed American users to engage in trades on its platform, a direct breach of an agreement reached with the Commodity Futures Trading Commission (CFTC) in 2022, under which Polymarket was to prevent U.S.-based <a href="https://www.benzinga.com/24/11/41838037/will-polymarket-return-to-the-us-after-getting-trump-victory-right-ceo-says-its-part-of-the-plan">users from making transactions. </a>
This agreement followed concerns about regulatory compliance, given that U.S. law imposes strict limits on certain types of prediction markets. 
In response, Polymarket implemented regional restrictions to block access for American users, but recent evidence suggests possible gaps in this compliance.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41952244/michael-novogratz-bitcoin-reserve-could-push-price-to-500000-but-likelihood-is-low">Michael Novogratz: Bitcoin Reserve Could Push Price To $500,000, But Likelihood Is Low</a>
Leading up to the 2024 presidential election, Polymarket experienced a surge in activity, gaining popularity as an alternative to traditional polling with users betting on electoral outcomes. 
The platform positions itself as a more accurate predictor, boasting no betting limits, unlike competing platforms that enforce strict wagering caps. 
This open approach attracted a considerable user base, particularly as the Nov. 5 election approached.
However, just days before the election, a significant transaction by a high-stakes French investor—known colloquially as a &#8220;whale&#8221;—placed massive bets in favor of Donald Trump. 
This move intensified scrutiny on the platform, raising concerns among Polymarket critics who suggested these wagers could sway public opinion. 
&#8220;The future of America, and in particular American entrepreneurship, has never been brighter. In the face of adversity, we build,&#8221; Coplan further said.
For more insights on crypto regulations and the future of digital assets, consider attending Benzinga's <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41951069/dogecoins-flat-inflation-is-a-feature-not-a-bug-says-elon-musk">Dogecoin&#8217;s Flat Inflation Is &#8216;A Feature, Not A Bug,&#8217; Says Elon Musk</a>

FBI Raids Polymarket CEO Over Crypto Betting Platform's US Activities — He Fires Back: 'In The Face Of Adversity, We Build'

Chardan Capital analyst Keay Nakae maintains Seres Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRB#NASDAQ">MCRB</a>) with a Buy and maintains $1.25 price target.

Price Target

Analyst Ratings

MCRB

Chardan Capital Maintains Buy on Seres Therapeutics, Maintains $1.25 Price Target

Catalyst Watch: Nvidia phenomenon, Amazon to the Dow and Anheuser-Busch drama

Utime Limited (WTO) has released an update. Utime Limited has successfully closed a private placement deal, securing approximately $48.6 million by...

Utime Limited Completes $48.6M Private Placement

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



Moving stocks this morning are earnings reports, clinical trial data and more.



Let&rsquo;s get into that news below!



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



<ol><li>Biophytis (NASDAQ:<a href="https://investorplace.com/stock-quotes/bpts-stock-quote/">BPTS</a>) stock is rocketing close to 50% after <a href="https://www.nasdaq.com/press-release/biophytis-announces-its-2023-financial-results-and-provides-an-update-on-its-business">announcing its 2023 results</a>.</li>



<li>MyMD Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/mymd-stock-quote/">MYMD</a>) shares are rising over 26% after revealing a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318224188&amp;type=PDF&amp;symbol=MYMD&amp;cdn=8720a94b32a7a67a8aeafa7ccea08ffe&amp;companyName=MyMD+Pharmaceuticals+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-04-08">securities purchase agreement</a>.</li>



<li>Acorda Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/acor-stock-quote/">ACOR</a>) stock is soaring more than 26% <a href="https://www.nasdaq.com/press-release/acorda-therapeutics-announces-nasdaq-delisting-notification-2024-04-03">ahead of its delisting</a>.</li>



<li>Addex Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/adxn-stock-quote/">ADXN</a>) shares are surging over 26% without any clear news this morning.</li>



<li>TuanChe (NASDAQ:<a href="https://investorplace.com/stock-quotes/tc-stock-quote/">TC</a>) stock is gaining nearly 17% despite a lack of news today.</li>



<li>Anghami (NASDAQ:<a href="https://investorplace.com/stock-quotes/angh-stock-quote/">ANGH</a>) shares are increasing more than 16% <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318224555&amp;type=PDF&amp;symbol=ANGH&amp;cdn=55a7014ffb2fa2fae4e6fc7d8965ee6d&amp;companyName=Anghami+Inc.&amp;formType=SC+13D&amp;formDescription=General+statement+of+acquisition+of+beneficial+ownership&amp;dateFiled=2024-04-08">following an investor update</a>.</li>



<li>MediaCo (NASDAQ:<a href="https://investorplace.com/stock-quotes/mdia-stock-quote/">MDIA</a>) stock is climbing over 14% on Tuesday morning.</li>



<li>Brainstorm Cell (NASDAQ:<a href="https://investorplace.com/stock-quotes/bcli-stock-quote/">BCLI</a>) shares are getting a more than 13% boost with an update on its <a href="https://www.nasdaq.com/press-release/brainstorm-cell-therapeutics-announces-agreement-with-fda-on-a-special-protocol">Phase 3 clinical trial</a>.</li>



<li>Destiny Tech100 (NYSE:<a href="https://investorplace.com/stock-quotes/dxyz-stock-quote/">DXYZ</a>) stock is jumping over 13% as it <a href="https://seekingalpha.com/article/4682523-destiny-tech100-inc-dxyz-rose-800-percent-in-just-days-a-closer-look">continues a recent rally</a>.</li>



<li>RenovoRx (NASDAQ:<a href="https://investorplace.com/stock-quotes/rnxt-stock-quote/">RNXT</a>) shares are up more than 12% on <a href="https://www.nasdaq.com/press-release/renovorx-announces-%2411.1-million-at-market-private-placement-2024-04-08">an offer to take it private</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Vincerx Pharma (NASDAQ:<a href="https://investorplace.com/stock-quotes/vinc-stock-quote/">VINC</a>) stock is crashing over 53% on <a href="https://www.nasdaq.com/press-release/vincerx-pharma-presents-positive-preliminary-phase-1-data-for-vip236-and-updates-on">preliminary Phase 1 clinical trial data</a>.</li>



<li>Focus Universal (NASDAQ:<a href="https://investorplace.com/stock-quotes/fcuv-stock-quote/">FCUV</a>) shares are plummeting more than 30% on Tuesday morning.</li>



<li>UTime (NASDAQ:<a href="https://investorplace.com/stock-quotes/wto-stock-quote/">WTO</a>) stock is diving over 23% after a major rally yesterday.</li>



<li>Vivos Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/vvos-stock-quote/">VVOS</a>) shares are tumbling more than 22% on a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318224743&amp;type=PDF&amp;symbol=VVOS&amp;cdn=01c96e38759646a4b342ce7c55cb1bd1&amp;companyName=Vivos+Therapeutics+Inc.&amp;formType=S-1&amp;formDescription=Registration+statement+under+Securities+Act+of+1933&amp;dateFiled=2024-04-09">proposed public offering</a>.</li>



<li>BioSig Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/bsgm-stock-quote/">BSGM</a>) stock is taking an over 21% beating on Tuesday.</li>



<li>Maxeon Solar Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/maxn-stock-quote/">MAXN</a>) shares are decreasing more than 15% on <a href="https://seekingalpha.com/article/4682824-maxeon-solar-technologies-preliminary-q4-earnings-dont-buy-this-dip?source=content_type%3Areact%7Csection_asset%3Arelated-analysis%7Csection%3Aright_rail%7Cfirst_level_url%3Aarticle%7Cline%3A1%7Cpos%3Aundefined">preliminary earnings results</a>.</li>



<li>Eco Wave Power Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/wave-stock-quote/">WAVE</a>) stock is dropping over 14% after a <a href="https://investorplace.com/2024/04/why-is-eco-wave-power-wave-stock-up-115-today/">massive rally yesterday</a>.</li>



<li>Guardion Health Sciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/ghsi-stock-quote/">GHSI</a>) shares are sliding more than 12% on plans for a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318223987&amp;type=PDF&amp;symbol=GHSI&amp;cdn=81af5524a2ccf8e9d81bd1343671bec4&amp;companyName=Guardion+Health+Sciences+Inc.&amp;formType=DEFM14A&amp;formDescription=Definitive+proxy+statement+relating+to+merger+or+acquisition&amp;dateFiled=2024-04-08">special shareholder meeting</a>.</li>



<li>DigiAsia (NASDAQ:<a href="https://investorplace.com/stock-quotes/faas-stock-quote/">FAAS</a>) stock is declining almost 12% after a rally yesterday.</li>



<li>Erayak Power Solution (NASDAQ:<a href="https://investorplace.com/stock-quotes/raya-stock-quote/">RAYA</a>) shares close out our pre-market stock movers down over 11%.</li>
</ol>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;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/04/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-tuesday-april-9th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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

UTime files for $500M mixed securities shelf

UTime regains compliance with Nasdaq minimum closing bid price rule

UTime (WTO) has released an update. UTime Limited announces an Extraordinary General Meeting of shareholders scheduled for August 28, 2024, to vote...

UTime Limited Schedules Key Shareholder Meeting

UTime (WTO) has released an update. UTime Limited shareholders have overwhelmingly approved proposals for a share consolidation and an increase in ...

UTime Shareholders Greenlight Major Corporate Reshuffle

UTime announces 1-for-25 reverse share split

UTime (WTO) has released an update. UTime Limited has announced the registration of 7,692,308 new ordinary shares with the SEC, a move facilitated ...

UTime Limited Registers New Shares with SEC

UTime (WTO) has released an update. UTime Limited announced the resignation of its Chief Financial Officer, Shibin Yu, due to personal reasons, wit...

UTime Limited Announces CFO Resignation and Interim Appointment

ACOR

ADSK

ADXN

AFRM

AMCX

ANGH

ARQT

BCLI

BIDU

BMWYY

BPTS

BSGM

BWXT

BYDDF

CABO

DELL

DXYZ

EBAY

ENPH

EVBG

FAAS

FCUV

FUBO

GHSI

IOVA

IRBT

JBLU

KRTX

LCID

MAXN

MBGAF

MDIA

MIXT

MRVL

MYMD

PECO

PLUG

PSNY

PWFL

QRTEA

RAYA

REAL

RIVN

RNXT

RYZB

SMCI

SNOW

SPCE

SSRM

UBER

VINC

VLKAF

VVOS

WAVE

WDAY

XPEV

Press Releases

UTime Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

Contracts

UTime Limited Partners with Dr. Ehud Baron to Pioneer AI-Driven Health Solutions

UTime Limited Announces Ambitious AI Health Strategy and Strategic Collaboration

UTime Limited to Participate in International Medical Fairs and Medical Conferences

About Circul VS: A Core Continuous Blood Pressure Measurement Technology System Developed in Partnership with Dr. Ehud Baron

UTime Signs NDA to Acquire Monkeypox Vaccine Maker Bowen Therapeutics Inc and Supports Completion of FDA Registration of Related Vaccines

Remarkable Announcement on Significant Fluctuation of the UTime's Share Price

UTime Limited Announces 1-For-25 Reverse Share Split

UTime Limited Announces Pricing of $5 Million Registered Direct Offering

UTime Limited Received Nasdaq Notification Letter Regarding Bid Price Deficiency

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