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Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Markets rebounded this week as easing geopolitical tensions triggered a sharp reversal in energy prices, lifting investor sentiment after weeks of volatility. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all advanced as a fragile Iran ceasefire helped calm fears of prolonged supply disruptions, pushing equities higher and driving a broad relief rally across sectors. The shift marked a notable turnaround from prior weeks dominated by oil-driven inflation concerns and risk-off positioning.

Energy markets led the reversal, with crude prices posting one of their steepest weekly declines in years following the ceasefire announcement. Oil fell sharply after earlier surging above $100 per barrel, easing pressure on inflation expectations and allowing bond yields to retreat. The drop in energy prices helped revive hopes for potential Federal Reserve rate cuts, fueling gains in rate-sensitive sectors such as housing, financials and growth stocks that had been under pressure during the oil spike.

Despite the rebound, underlying economic concerns remain, with inflation still elevated and consumer sentiment near record lows following the recent energy shock. While the ceasefire has provided short-term relief, analysts warn that lingering supply disruptions and geopolitical uncertainty could keep markets volatile. Investors are now balancing improving sentiment against persistent macro risks, suggesting that the recent rally may depend heavily on sustained stability in energy markets and further clarity on monetary policy.

Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.

The Bulls

“Broadcom Stock Climbs On New Deals With Google, Anthropic,” by Erica Kollmann, reports that Broadcom Inc. (NASDAQ:AVGO) shares moved higher after the company disclosed expanded AI partnerships with Alphabet Inc. …

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Venture capitalist Jason Calacanis said that killing OpenClaw is “the number one goal” in the large language model space, pointing to a growing list of competitors independently racing to displace the open-source coding agent.

OpenClaw is a local-first autonomous AI agent that automates complex and multi-step tasks. It manages calendars, emails and browser actions across platforms such as WhatsApp, Telegram and Slack, and runs directly on a user’s device.

Industry Lines Up Against Open-Source Rival

Speaking on the All-In podcast released Friday, the prominent Silicon Valley angel investor alleged that Claude-parent Anthropic restricted OpenClaw users from applying their $200-per-month Claude subscription to the tool, requiring them to switch to pay-per-token API pricing, and then launched a competing managed agent product within roughly 10 …

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International Business Machines Corp. (NYSE:IBM) agreed to pay $17.07 million to settle federal allegations of illegal diversity, equity and inclusion (DEI) hiring practices on Friday, marking the Justice Department’s first False Claims Act resolution under its Civil Rights Fraud Initiative.

IBM Settles Federal DEI Allegations

The Department of Justice (DOJ) alleged IBM falsely certified compliance with federal anti-discrimination requirements while knowingly maintaining race- and sex-based hiring and promotion practices.

Acting Attorney General Todd Blanche said in the official press release, “Racial discrimination is illegal, and government contractors cannot evade the law by repackaging it as DEI.”

An IBM spokesperson told CNN the company’s workforce strategy is driven by “having the right people with the right skills.” The settlement is neither an admission of liability by IBM nor a concession by the U.S. that its claims are not well-founded.

IBM did not immediately respond to Benzinga‘s request for comment.

The settlement marks …

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Jensen Huang, CEO of Nvidia Corp. (NASDAQ:NVDA), urged people to move to California despite the state’s high taxes on Thursday, a stance that contrasts with the recent exodus of billionaires from the state.

Huang Swims Against the Billionaire Tide

“I say to everybody, ‘Move to California. Don’t leave. It’s the highest taxes in the world, but it’s OK,’” Huang said at Stanford Graduate School of Business alongside Rep. Ro Khanna (D-Calif.).

“The weather is great,” Huang added.

Huang’s remarks put him at odds with a growing wave of ultra-high-net-worth individuals leaving California and signal that the state’s most prominent tech leaders remain divided over whether its tax climate poses an existential threat to Silicon Valley’s dominance—a debate with significant implications for innovation, capital formation, and the broader U.S. technology sector.

Comments from one of the world’s 10th-richest people come at a time when several high-profile billionaires, …

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Investment firm Tiger Global Management has quietly backed PopUp Bagels, reportedly taking the viral NYC chain’s valuation to a five-fold surge in just five months.

The late-March investment values the chain at $300 million, according to a Bloomberg report published on Friday.

Pop Up Bagels and Tiger Global did not immediately respond to Benzinga‘s requests for comment.

Tiger Global’s Selective Comeback

Tiger Global made its name backing high-growth technology companies such as Meta Platforms Inc (NASDAQ:META). After pulling back from aggressive venture bets following the 2022 tech downturn that saw its portfolio drop over …

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Oaktree Capital Management CEO Howard Marks said that some direct lending managers “accepted too much money and invested it too fast, applying standards that were too low and setting the scene for a correction.”

He added that the massive amounts of capital that had previously been available in direct lending created a “goldrush mentality,” in a memo entitled “What’s Going on in Private Credit?” 

In the last 15 years, direct lending has surged to $2 trillion, while just two decades ago the whole private credit market stood at only about $150 billion, Marks pointed out.

“In the last several months, the tide has begun to go out for direct lending (generalized to all of private credit by those who don’t make fine distinctions). To paraphrase Buffett, this created the possibility that some bare bottoms would be exposed,” Marks said.

The CEO added that the bankruptcies of First Brands and Tricolor took investors by surprise last year, sparking concerns about how publicly traded vehicles for direct lending were structured. In particular, questions arose over the methods used to value their private debt holdings.

“It’s usually the case that if a confluence of troubling events builds up, a critical mass can eventually be reached, rendering …

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Canada-based Cohere and Germany-based Aleph Alpha are in discussions regarding a potential merger.

Merger talks began earlier this year and are now understood to be in the advanced stages. The company’s plan for the new entity to be headquartered in both countries, Handelsblatt (newspaper) and Reuters reported.

• Invesco QQQ Trust, Series 1 stock is showing positive momentum. What’s ahead for QQQ stock?

Both Cohere and Aleph Alpha are understood to have the support of Berlin on the deal, as the German government would be interested in becoming a “key customer” of the combined company.

German Digital Minister Karsten Wildberger told Handelsblatt that both Germany and Canada are working together closely in the digital space and that leading AI companies joining together …

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Many global markets have enjoyed multiple years of double-digit growth as innovations in artificial intelligence have sent high-tech stocks soaring, but has the recent return of geopolitical uncertainty created a significant headwind in 2026? 

Between the launch of OpenAI’s ChatGPT in November 2022 and the end of 2025, the S&P 500 rallied 70%, helping investors significantly grow their portfolios. Global markets have also soared in recent years, with the FTSE 100 growing 21% in 2025 and China’s Hang Seng index recording growth of 27.8%. 

However, much of this growth occurred after widespread investor sell-offs in a high-inflation environment caused by the post-pandemic recovery and the economic shock of Russia’s invasion of Ukraine. Now, as geopolitical headwinds continue to grow in the Middle East, could investors be set for a return of high inflation and weaker growth? 

Geopolitical Uncertainty and Inflation

The conflict in Iran has created significant challenges in the Federal Reserve’s ambitions to bring inflation back towards its 2% target. Following the closure of the Strait of Hormuz, a busy shipping lane that accounts for around 20% of global oil flows, the soaring cost of oil, which has reached highs of $167 per barrel, has created significant energy pricing pressures. 

While a tentative ceasefire appears to have been reached, the impact of the closure and lingering geopolitical pressures is likely to place inflation under the microscope for the months ahead. 

As escalations in Iran continued, the Organization for Economic Cooperation and Development forecasted all-items inflation in the US to reach 4.2% for 2026, a level that could inspire a hawkish reversion for the Fed’s monetary outlook.

The impact of high inflation on markets is strong because it can not only cause widespread fear among investors but is more likely to lead to interest rate hikes that can harm the growth prospects of companies.

“When inflation gets out of control, things can get …

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Bryn Talkington, managing partner at Requisite Capital Management, told CNBC on Friday that Copilot “feels like Teams. You just don’t want to use it.” She said her firm is taking out Copilot and putting in Claude instead.

The comment lands as Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella is running a “Copilot code red” internally to overhaul Copilot, ahead of the E7 suite launch on May 1.

Copilot had 6 million daily active users in March, well behind Claude’s 9 million and ChatGPT’s 440 million, according to Sensor Tower data.

Talkington still owns Microsoft but said the stock’s next move comes down to Azure.

She wants to see 38-39% year-over-year cloud growth on the April 29 earnings report and warned anything below 37% may send shares lower.

She said she still prefers Alphabet Inc. (NASDAQ:GOOGL) over Microsoft, arguing Google Cloud is likely to outperform again this quarter.

SaaS Repricing Creates An …

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TORONTO, April 10, 2026 /CNW/ — abrdn Asia-Pacific Income Fund VCC (TSX:FAP) (UEN: T21VC0235H) (the “Company”), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on April 30, 2026 to all shareholders of record as of April 22, 2026 (ex-dividend date April 22, 2026).

The policy of the Company’s Board of Directors is to maintain stable monthly distribution. For the 12 months to March 31, 2026, the Company has paid total distributions amounting to CAD 21.0 cents per ordinary share.

As a Singapore domiciled company, all distribution payments will be treated as foreign income for Canadian income tax purposes. Shareholders with registered addresses in Canada will receive distributions in Canadian dollars unless they have elected otherwise. 

The Company’s estimated sources of the current fiscal year to date distributions are as follows:

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ServiceNow Inc. (NYSE:NOW) stock is on track for its worst week in a decade, tumbling 19% and cementing its spot as the S&P 500’s worst performer over the period. 

The slide marks NOW’s steepest weekly drop since 2016 and represents a sharp reversal for a stock that investors had treated as a high‑quality way to play digital transformation and enterprise AI.

NOW Sells Off 

The selloff has been driven by a sharp de‑rating of high‑multiple software companies amid worries that AI could compress pricing power across traditional SaaS. 

Meta Platforms (NASDAQ:META) and Anthropic each announced new models and Michael Burry chimed in with more bearish commentary pointed at Palantir Technologies (NASDAQ:PLTR) specifically, but that could be applied to …

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TD Cowen slashed its Strategy (NASDAQ:MSTR) price target 20.5% to $350 from $440 while launching buy ratings on four crypto treasury firms as Bitcoin (CRYPTO: BTC) tapped $73,000 on Friday.

The Strategy Cut

Analysts Lance Vitanza and Jonathan Navarrete attributed the revised target to a “lower bitcoin price deck” and a reduction in the valuation multiple applied to the company’s projected bitcoin gains, The Block reported on Friday.

The analysts project Strategy’s “BTC gain” at $7.87 billion for fiscal year 2026, down from $10.17 billion in 2025. Strategy holds 766,970 BTC acquired at an average price of $75,700 per BTC.

TD Cowen’s base case assumes Bitcoin reaches $140,000 by December 2026, with the company acquiring about $5 billion in Bitcoin per quarter.

The Four Buy Initiations

TD Cowen initiated coverage of what it called a nascent industry sector, arguing that public Bitcoin and Ethereum

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In agriculture, the equation has long been simple: more inputs, more output. But new “field data” is starting to challenge that assumption, as revealed by Pivot Bio‘s CTO, Travis Frey, in an exclusive email interview with Benzinga.

According to Frey, growers using the company’s PROVEN® G3 replaced an average of 33 pounds of synthetic nitrogen per acre—while still seeing a 2.1 bushel-per-acre yield advantage.

It’s a result that runs counter to conventional thinking, where reducing fertilizer typically risks lower yields.

‘Field Results’ Over Theory

Frey points to real-world …

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Ares Management (NYSE:ARES) is planning to launch a flagship U.S. direct lending fund that will target approximately $20 billion.

While plans are still in the early stages and details regarding the fund launch could change, Ares is understood to be holding initial conversations with investors about the fund. The fund is set to launch in the summer, unnamed sources told Bloomberg.

Despite the broader slowdown in the private credit market, several asset managers have demonstrated that investor demand for private credit assets remains resilient.

Blackstone recently secured more than $10 billion from its opportunistic credit vehicle, Blackstone Capital Opportunities Fund V, reaching its hardcap after being oversubscribed.

Meanwhile, Goldman Sachs (NYSE:GS) revealed that it was launching a new mezzanine debt fund. GS Mezzanine Partners IX, is expected …

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OpenAI is supporting an Illinois Senate Bill that would limit when artificial intelligence developers can be held accountable for extreme incidents labeled as “critical harms.”

The bill SB3444, entitled the Artificial Intelligence Safety Act, states that “a developer of a frontier artificial intelligence model shall not be held liable for critical harms caused by the frontier model if the developer did not intentionally or recklessly cause the critical harms and the developer publishes a safety and security protocol and transparency report on its website.”

The bill defines “critical harms” as the death or serious injury of 100 or more people or at least $1 billion in property damage, or the creation or use of chemical, biological, radiological, or nuclear weapons.

This coverage would apply to any system built on more than $100 million in compute, meaning AI developers such as …

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Belgium may not be Europe’s fastest-growing market in 2026, but it could still stand out for investors looking for quality names with defensive earnings and international exposure.

The country’s economy is expected to remain steady next year, with the European Commission forecasting 1.1% GDP growth in 2026, up slightly from 1.0% in 2025. The OECD also expects 1.1% growth and sees inflation moving below 2%.

That may not be enough to support a broad-based market rerating, but it could support select Belgian names in biopharma, insurance, and diversified financials.

Why It Matters

Belgium’s investment case in 2026 looks less like a macro growth story and more like a quality stock story.

Unlike higher beta European markets, Belgium is not entering the year as a sharp recovery trade. Instead, it remains a relatively stable economy where modest growth and easing inflation can support companies with:

  • Strong pricing power
  • Defensive earnings
  • Global revenue exposure
  • Stable capital returns

That is especially relevant in sectors where Belgian companies already have strong market positions, including pharmaceuticals, insurance, specialty chemicals and financial services.

Belgium’s Macro Backdrop Looks Stable, Not Exciting

Belgium is expected to remain one of Europe’s steadier developed markets in 2026.

Growth is projected at 1.1%, with domestic demand supported by wage indexation, public spending, and resilient services activity. Exports could also improve gradually as cost competitiveness stabilizes.

Inflation easing below 2% could help improve real household income and margin visibility across several sectors.

Still, Belgium’s macro setup is not the main reason investors may look at the market.

The bigger story is that many of Belgium’s listed companies generate a large share of their …

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Roblox (NYSE:RBLX) on Friday announced the launch of Roblox Plus, a new subscription plan for enhancing user experience and providing additional revenue opportunities for creators.

The stock’s decline comes as the broader market is experiencing mixed performance, with the S&P 500 down slightly while the Technology sector shows a modest gain of 0.32%, adding pressure as broader markets edged lower.

Roblox said in a release that Roblox Plus is set to launch on April 30, 2026, at a price of $4.99 per month.

This company added that its initiative is designed to support creators by ensuring they maintain their earnings while expanding monetization opportunities.

The broader market is experiencing mixed performance, with the Technology sector currently up 0.32%. Roblox’s decline contrasts with the sector’s strength, suggesting company-specific factors may be influencing its stock performance.

Technical Analysis

At $54.60, the stock is trading 2.7% below its 20-day simple moving average (SMA) of $56.43, indicating short-term weakness. Additionally, it is 11.8% below its 50-day SMA of $62.25, suggesting continued bearish momentum in the intermediate term.

The relative strength index …

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Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading higher Friday morning. The rally follows impressive sales data from a key partner.

The Nasdaq is up 0.05% while the S&P 500 has shed 0.07%.

TSMC Revenue Boosts Chip Sector

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) reported a 35.1% year-over-year revenue increase for the first quarter. Sales reached approximately $35.6 billion. This performance exceeded analyst estimates of $35.2 billion.

AI Demand Remains Resilient

The rising tide effect is lifting the semiconductor …

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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 50 points on Friday.

The Dow traded down 0.57% to 47,912.40 while the NASDAQ rose 0.22% to 22,872.73. The S&P 500 also fell, dropping, 0.16% to 6,813.62.

Leading and Lagging Sectors

Information technology shares climbed by 1.2% on Friday.

In trading on Friday, consumer staples stocks fell by 1.2%.

Top Headline

The annual inflation rate in the U.S. surged to 3.3% in March, recording the highest reading since May 2024 and following 2.4% in both February and January.

Equities Trading UP
           

  • Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) shares shot up 41% to $6.25. Guggenheim analyst Michael Schmidt maintained Zentalis Pharmaceuticals with a Buy and raised the price target from $6 to $10.
  • Shares of CoreWeave Inc (NASDAQ:CRWV) got a boost, surging 13% to $103.55 following reports suggesting that Anthropic agreed to rent the company’s computing …

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Broadcom Inc. (NASDAQ:AVGO) shares are up on Friday. The up move follows a landmark AI infrastructure partnership involving Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Anthropic.

On Friday, the Nasdaq was up 0.25% while the S&P 500 had shed 0.18% as of the last check.

Landmark AI Partnership

The surge stems from a long-term agreement to secure multiple gigawatts of next-generation Tensor Processing Unit (TPU) capacity. This infrastructure will power Anthropic’s frontier Claude models. Broadcom plays a critical role in designing Google’s TPUs.

This deal aims to strengthen U.S. AI infrastructure and meet surging global demand.

Anthropic Revenue Explosions

Anthropic’s financial growth provides a …

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PMGC Holdings Inc. (NASDAQ:ELAB) shares faced downward pressure Friday. The stock dropped roughly 3.42% to $5.08 by midday. This move follows a week of fluctuations and massive sell-offs.

The Nasdaq is up 0.06% while the S&P 500 has shed 0.09%.

• PMGC Holdings stock is feeling bearish pressure. Why is ELAB stock falling?

Equity Financing Facility Fully Utilized

The selling pressure intensified after the biopharmaceutical company confirmed it fully used its $20 million equity financing facility. PMGC utilized the full commitment under its purchase facility with Streeterville Capital, LLC. While this provides capital, it often sparks fears of increased share supply among retail traders.

Defense Contract …

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Thomas Peterffy, the billionaire founder of Interactive Brokers (NASDAQ:IBKR) told Bloomberg’s Odd Lots podcast that insider trading laws should be abolished across all markets.

The timing is notable.

The White House just warned its own staff that prediction market insider trading is a criminal offense, and the CFTC has declared it a top enforcement priority. Peterffy is arguing in the opposite direction.

He Learned The Hard Way

In 1977, Peterffy was a new options trader on the American Stock Exchange floor with $200,000 in saved capital.

He sold 200 near-expiration call options at $0.375 each after getting caught up in a flurry of unusual order flow.

Trading halted 30 minutes later. DuPont announced …

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Wrap Technologies, Inc. (NASDAQ:WRAP) said Friday it secured a pre-order for more than 20 MERLIN-1 counter-drone systems from Advanced Blast & Ballistic Systems Group for the U.K. market, marking a key step in its European expansion.

The non-lethal platform targets hostile drones mid-flight, while the deal supports testing, demonstrations, and broader market entry ahead of expected commercialization in 2026.

The public safety technology and services company said agencies, critical infrastructure operators, and security stakeholders can use the platform to deliver scalable responses to evolving drone threats.

Technical Analysis

At $1.50, WRAP is trading 2.8% …

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Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell called the CEOs of every major systemically important U.S. bank to Treasury headquarters on Tuesday to warn them about cybersecurity risks from Anthropic’s Claude Mythos model,

Bloomberg reported on Thursday that Citigroup Inc (NYSE:C), Morgan Stanley (NYSE:MS), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), and Goldman Sachs Group Inc (NYSE:GS) all sent their chief executives. JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon was unable to attend.

Why Banks Are Exposed

Mythos found thousands of zero-day vulnerabilities across every major operating system and web browser, including a 27-year-old bug …

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Short-seller Citron Research issued a report on Applied Optoelectronics Inc. (NASDAQ:AAOI) this Friday. The firm announced a new short position in the fiber-optic networking company. Citron cited a “delusional” valuation following a massive two-week surge.

Short interest in AAOI fell to 10.30 million shares from 10.56 million, representing 13.68% of the float. At an average daily volume of 14.45 million shares, it would take about one day to cover.

Citron Challenges Recent Stock Momentum

The stock has skyrocketed approximately 73% from March 30. Prices moved from $85.19 to $147.50 on Friday. Citron Research, led by Andrew Left, questioned the validity of this move on X.

AAOI rose from $85 two weeks ago, adding roughly $3.5 billion in market value following a “random press release,” the short-seller said. Citron predicts a return to the $85 …

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Qualcomm Technologies, Inc. (NASDAQ:QCOM) shares are trading slightly higher on Friday as the firm is expanding across auto and AR, deepening its Bosch ADAS partnership while teaming with Snap Inc.’s (NYSE:SNAP) to power next-gen smart glasses.

Qualcomm and Bosch are deepening their collaboration to expand advanced driver assistance systems (ADAS) alongside cockpit computing solutions.

According to Benzinga Pro, RBLX stock has lost over 2% in the past year. Investors can gain exposure to the stock via First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL).

Partnership Expansion Into ADAS

The expanded partnership targets scalable vehicle intelligence platforms, combining compute performance with integration expertise to meet rising demand …

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The US has roughly eight days of munitions on hand for a major conflict with China. It needs 800.

That’s the picture Palantir Technologies Inc (NASDAQ:PLTR) executive Shyam Sankar and Anduril Industries co-founder Trae Stephens painted at the Hill and Valley Forum, where both warned that American deterrence is eroding faster than the industrial base can respond.

Sankar called 2027 a specific “window of danger” for Taiwan, citing a 10,000-to-1 drone production gap versus China and a 233x shipbuilding capacity disadvantage.

What Bettors Are Pricing

Polymarket’s Taiwan contract has attracted nearly $20 million in volume and prices a Chinese invasion by the end of 2026 at 9%. The June 30 2027 contract, which is closer to Sankar’s timeline, sits at 16%.

A separate military clash contract prices any armed …

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Meta Platforms (NASDAQ:META) announced its latest development in the artificial intelligence space with the debut of its new model, Muse Spark. The announcement led to a significant rally in META’s stock price, rising around 9% from Tuesday’s market open through Thursdays close. As competition increases across the technology sector, Muse Spark may mark a pivotal shift, not only for Meta, but for the sector at large.

What Is Muse Spark

Muse Spark is another type of AI model, similar to ChatGPT and Gemini, that is designed to understand and generate information. It is built to integrate across Meta’s other main products, including Facebook, Instagram, and WhatsApp, enabling AI assistants, recommendations, and automation.

Market Reaction and Challenges Ahead

Meta’s stock rally was driven by investor confidence that Meta can compete …

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Just hours before an Iran ceasefire became public, three newly created Polymarket accounts pocketed over $600,000 by betting on its exact timing.

The highly suspicious windfall, executed even as Donald Trump warned that “a whole civilization will die tonight,” has now prompted the White House to warn its own staff that mirroring such trades could be a criminal offense.

The ceasefire market generated over $266 million in total trading volume since launch.

Insider Trading Or Coincidence?

The ceasefire bets follow a troubling pattern.

When Operation Epic Fury began, suspected insiders made $1.2M on Iran strikes. Earlier this year, an unknown trader pocketed $400,000 on Nicolás Maduro’s capture less than five hours before it happened.

The White House appeared to take notice.

The Management Office sent a staff-wide email warning that it is “a criminal offense for anyone to use nonpublic information to buy or sell these contracts.”

The timing …

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Ridgetech, Inc. (NASDAQ:RDGT) shares are facing intense downward pressure during Friday’s trading session. The volatility follows a massive 1-for-150 reverse stock split. This corporate action became effective after the market closed on Tuesday.

Massive Share Consolidation

The reverse split significantly altered the company’s capital structure. The move reduced outstanding shares from 134.8 million to approximately 898,906. While the stock appeared to surge earlier this week due to price adjustments, it has since retreated.

Dual-Engine Growth Strategy

The decline follows Ridgetech’s recent disclosure of its 2026

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The smartcar technology company is considering buying a stake in DreamSmart, owner of an operating system linking smartcars, smart glasses and smartphones

image credit: Bamboo Works

Key Takeaways:

  • Ecarx’s board has authorized the company to pursue a potential purchase of a minority stake in DreamSmart, whose main asset is the Meizu brand of smartphones
  • Both Ecarx and DreamSmart are controlled by Geely, one of China’s most successful private carmakers

Being a member of a big family has both its upsides and downsides. On the upside, you have access to all the resources of your different family members, many of which may not be available to ordinary people, and often on good terms. On the downside, if and when you succeed, people don’t tend to take you too seriously, saying you have an unfair advantage from your family connections.

In the corporate realm, Ecarx Holdings Inc. (NASDAQ:ECX) is one such company. Despite its relatively successful business making digital cockpits for smart cars, the company trades at far lower valuation multiples than many of its peers, which appears to be a “family discount” tied to its ownership by Geely (0175.HK), one of China’s most successful private carmakers.

That investor skepticism was on display once more on Thursday, as investors greeted news of a potential relatively large new acquisition by Ecarx with a yawn. The stock initially opened slightly higher after the announcement, and rose as much as 4.2% during the trading day. But it ultimately closed down 1.8% as investors took a closer look at the investment that, if it happened, would be just another shuffling of assets within the extended Geely family.

Ecarx said its board approved a “a preliminary plan to pursue the potential acquisition of a minority interest” in a Singaporean company called DreamSmart Technology. It noted that DreamSmart is an affiliated company, and that its main interest in any potential investment would be DreamSmart’s FlyMe operating system (OS). A potential deal could see Ecarx offer both cash and its stock, though no value was given.

One of DreamSmart’s main assets is Meizu, a well-known name to China tech old-timers that started out operating a popular MP3 audio player, before getting …

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Citigroup Inc. (NYSE:C) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the company to report quarterly earnings of $2.61 per share. That’s up from $1.96 per share in the year-ago period. The consensus estimate for Citigroup’s quarterly revenue is $23.44 billion (it reported $21.6 billion last year), according to Benzinga Pro.

Ahead of quarterly earnings, Evercore ISI Group analyst Glenn Schorr, on Monday, maintained Citigroup with an In-Line rating and lowered the price target from $125 to $115, while Goldman Sachs analyst Richard Ramsden maintained the stock with a Buy and raised the price target from $123 to $137.

With the recent buzz around Citigroup, some investors may be eyeing potential gains from the company’s dividends too. As of now, Citigroup has an annual dividend yield of 1.92%, which is a quarterly dividend …

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On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Netflix, Inc. (NASDAQ:NFLX) as his final trade.

Supporting his view, Goldman Sachs analyst Eric Sheridan, on Monday, upgraded Netflix from Neutral to Buy and raised the price target from $100 to $120.

Jim Lebenthal, partner at Cerity Partners, picked CRH plc (NYSE:CRH).

Lending support to his choice, JPMorgan analyst Adrian Huerta, on March 3, maintained CRH with an Overweight rating and boosted the price target from $135 to $140.

Don’t forget to check out our premarket …

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U Power Ltd. (NASDAQ:UCAR) shares remain a primary focus for retail traders this Friday. The stock continues to exhibit high volatility following a massive 331.6% peak recorded on Wednesday.

Private Placement Fuels Momentum

The rally follows a Tuesday announcement regarding a $3.19 million capital raise. U Power entered subscription agreements with seven purchasers to sell 2.9 million Class A shares. The deal priced shares at $1.10 each.

Strategic Use Of Capital

The China-based company plans to scale operations immediately. Proceeds will fund market expansion and its proprietary battery-swapping infrastructure. U Power is also involved in vehicle sourcing and new energy vehicle development.

Earlier …

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Xiao-I Corporation (NASDAQ:AIXI) shares are surging on Friday. The move follows a landmark legal victory against Apple Inc. (NASDAQ:AAPL). AIXI faced a volatile week as shares tumbled about 30% on Thursday.

Nasdaq futures are up 0.22% while S&P 500 futures have gained 0.17%.

Traders are looking toward the next major milestone. The company’s next earnings report is estimated for May 14.

Supreme Court Rules Against Apple

The Supreme People’s Court recently rejected Apple’s appeal to invalidate Xiao-I’s patents. This ruling concludes a long-running battle over core artificial intelligence …

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Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) are expanding their streaming collaboration as Apple TV prepares to launch on Prime Video in the U.S. later this month.

The company said this move allows Prime members to subscribe to Apple TV as an add-on service for $9.99 per month, bringing Apple’s original movies, live sports and shows — “Severance,” “The Morning Show,” and “Slow Horses” — into Amazon’s ecosystem.

The Cupertino, California-based tech company said it will …

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U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Friday.

Following the market opening Friday, the Dow traded down 0.29% to 48,045.77 while the NASDAQ rose 0.38% to 22,909.09. The S&P 500 also rose, gaining, 0.07% to 6,829.46.

Leading and Lagging Sectors

Materials shares climbed by 0.8% on Friday.

In trading on Friday, financial stocks fell by 0.8%.

Top Headline

The annual inflation rate in the U.S. surged to 3.3% in March, recording the highest reading since May 2024 and following 2.4% in both February and January.

Equities Trading UP
           

  • Presidio Property Trust, Inc. (NASDAQ:SQFT) shares shot up 48% to $3.99 after gaining 9% on Thursday.
  • Shares of Treace Medical Concepts, Inc. (NASDAQ:TMCI) got a boost, surging 25% to $1.9100.
  • Organon & Co. …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Piper Sandler analyst Anna Andreeva downgraded Nike Inc (NYSE:NKE) from Overweight to Neutral and lowered the price target from $60 to $50. Nike shares closed at $44.00 on Thursday. See how other analysts view this stock.
  • Stephens & Co. analyst Ben Bienvenu downgraded Simply Good Foods Co (NASDAQ:SMPL) from Overweight to Equal-Weight and …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Morgan Stanley analyst Stephen Grambling upgraded Ryman Hospitality Properties Inc (NYSE:RHP) from Equal-Weight to Overweight and raised the price target from $88 to $105. Ryman Hospitality shares closed at $98.34 on Thursday. See how other analysts view this stock.
  • Mizuho analyst Nick Setyan upgraded Shake Shack Inc (NYSE:SHAK) …

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Elon Musk’s SpaceX reportedly recorded a loss of nearly $5 billion last year, despite raking in over $18.5 billion in revenue.

The loss incurred by SpaceX includes figures from xAI, an artificial intelligence firm founded by Musk and acquired by SpaceX in February 2026.

The financial data, which consolidates the performance of both SpaceX and xAI, has only recently been disclosed, according to The Information on Thursday.

This is a stark contrast to Reuters January reports of its robust financial performance, where profits topped $8 billion, on revenues ranging from $15 billion to $16 billion.

SpaceX did not immediately respond to Benzinga‘s request for comment.

SpaceX AI Bet, IPO Concerns Grow

The acquisition …

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CoreWeave Inc. (NASDAQ:CRWV) is experiencing a massive technical reversal, with its Benzinga Edge momentum score surging from 32.22 to 73.68 in a single week amid analyst optimism.

Momentum Surge Takes Hold

Momentum rank measures a stock’s relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

This aggressive week-over-week jump signals that downside pressure has faded for CRWV and the stock is establishing a strong upward trend across the last few months and quarters.

Despite the overwhelmingly bullish momentum and fundamental catalysts, the stock‘s Benzinga Edge Stock Rankings‘ value score remains incredibly weak at just 0.38. The value metric evaluates a stock’s relative worth by comparing its market price to fundamental measures of the company’s assets, earnings, sales, and operating performance.

Benzinga Edge Stock Rankings for CRWV.

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The United States Postal Service (USPS) suspended employer contributions to the Federal Employees Retirement System (FERS) on Thursday, freeing roughly $2.5 billion in liquidity as the agency warned of liquidity pressures that could affect postal operations.

Beginning April 10, USPS will halt its $200 million every-other-week employer contribution to the defined benefit portion of the Federal Employees Retirement System (FERS).

Chief Financial Officer Luke Grossmann said the risk to postal operations from insufficient liquidity “dramatically outweighs any longer-term risk to the pension funds.” Employee contributions to FERS and the Thrift Savings Plan will continue uninterrupted, the agency said.

The move follows cumulative losses of roughly $118 billion since 2007. USPS has separately proposed raising the …

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The Trump administration has cautioned its staff against using their positions for well-timed betting in futures markets.

The White House Management Office disseminated the warning to all staff via email on March 24, just a day after President Donald Trump announced a five-day pause in strikes against Iran on Truth Social, the Wall Street Journal reported on Thursday.

Existing ethics rules already bar executive branch employees from gambling on federal property or using government information for personal gain. According to the report, a senior administration official described the warning as a timely “refresher” amid heightened scrutiny over unusually large bets in futures markets.

Davis Ingle, Trump’s spokesperson, confirmed the authenticity of the warning to the publication. Ingle …

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Geopolitical disruptions are rattling fertilizer markets, with the Iran war choking key supply routes and pushing prices sharply higher. For farmers, the impact is immediate — input costs are rising, availability is tightening, and planning cycles are shrinking.

That volatility is forcing a rethink.

Instead of relying solely on global supply chains tied to energy and shipping markets, growers are starting to look for more predictable, farm-level solutions to manage both cost and risk.

• iShares MSCI Agriculture Producers ETF stock is challenging resistance. Why are VEGI shares at highs?

Fertilizer’s New Playbook: ESG Narrative To Economic Tool

In an exclusive …

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector.

Wendy’s Co (NASDAQ:WEN)

  • Dividend Yield: 7.88%
  • UBS analyst Dennis Geiger maintained a Neutral rating and cut the price target from $8.5 to $7.5 on Feb. 17, 2026. This analyst has an accuracy rate of 55%
  • Goldman Sachs analyst Christine Cho maintained a Sell rating and slashed the price target from $8 to $7 on Feb. 17, 2026. This analyst has an accuracy rate of 62%.
  • Recent News: Wendy’s Company will report first quarter 2026 results on May 8.
  • Benzinga Pro’s real-time newsfeed alerted to latest …

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SpaceX has reportedly initiated equipment installation at its advanced chip packaging facility in Bastrop, Texas.

The company aims to begin production by the end of 2026, Reuters reported on Friday, citing sources.

The aerospace giant is moving to bring semiconductor processes in-house. The facility will package radio frequency (RF) chips.

These components are vital for Starlink, the company’s satellite-based internet system. External providers currently handle this packaging, but SpaceX plans to transition at least part of this process to the Texas site.

Navigating Timeline Delays

The project has faced some hurdles as the timeline has seen delays, according to the report.

Despite these setbacks, the company still targets a production start before the …

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President Donald Trump‘s Trade Representative, Jamieson Greer, has shared that the administration does not intend to change the President Joe Biden-era rules limiting Chinese software and hardware in the domestic auto industry.

Concerns About Sensitive Data

According to a Reuters report on Thursday, Greer shared that the rules, which were set by the Biden administration citing concerns about the tech collecting sensitive data, would remain unchanged. The limit on hardware would take effect in 2029, according to the rules, while software limitations kicked in this March.

“It would probably be difficult for certain countries to establish ​new production here, given those sets of rules,” Greer told the publication, but added that during the upcoming meeting with President Xi Jinping‘s office, discussing the auto industry was not the main agenda.

When asked whether Canadian drivers would be able to drive their Chinese-made EVs across the border into the U.S., Greer said it was not clear how that situation “will …

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The longest bull market in history has created a side effect. The underlying exposure of American households to equities has quietly surged to unprecedented levels, creating a structural fragility that markets seem to overlook.

St. Louis Fed data shows that combined household and nonprofit equity holdings exceed 47%. The Kobeissi Letter narrows the household number at 25.63% – the highest reading since the data collection began in the 1940s.

That figure eclipses the 19.56% peak reached during the Dot-Com bubble and surpasses the elevated levels seen in 1968.  Household balance sheets are now more tethered to equity performance than at any point in modern financial history.

Policy Uncertainty

The timing of this concentration is problematic. With the Federal Reserve locked into a 3.5–3.75% policy position, its room for maneuver is restricted. 

The uncertainty around succession only compounds the issue. Fed Chair Jerome Powell’s term ends on May 15, yet his potential successor, Kevin Warsh, has not yet been confirmed by the Senate. Per Reuters’ report, the U.S. Senate Banking Committee has delayed the confirmation hearing, narrowing the transition window.

At …

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Amazon.com, Inc. (NASDAQ:AMZN) shares are trading higher during Friday’s premarket session as traders lean into a modestly risk-on tape even while Consumer Discretionary is soft. Nasdaq futures are up 0.15% while S&P 500 futures have gained 0.11%, and Amazon’s early strength stands out against the sector’s -0.2% slide.

Amazon is catching a bid in premarket as buyers continue to favor large-cap tech-adjacent leaders, helping it buck weakness in Consumer Discretionary. The setup looks more like positioning into key chart levels than a single headline-driven move.

With market breadth tilted negative (advance/decline ratio 0.7) and only 2 sectors advancing, the tone is selective rather than broad-based. Technology is leading early (+0.25%), while Consumer Discretionary is near the bottom (-0.17%), which helps explain why Amazon is outperforming its peer group this morning.

Launches AI Pet Adoption Tool

Separately, Amazon launched an AI-powered pet adoption tool with PetArmor and Best Friends Animal Society on Thursday that matches users with adoptable pets based on lifestyle inputs.

The initiative, part of the “Protect Playtime” campaign, uses natural language AI, generative videos, and shelter upgrades to boost adoption rates, addressing a gap where millions want pets but many shelter …

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U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Friday.

Shares of FGI Industries Ltd (NASDAQ:FGI) fell sharply in pre-market trading as the company reported mixed results for the fourth quarter.

FGI reported quarterly losses of 29 cents per share, which beat the analyst consensus estimate of losses of 38 cents per share. The company reported quarterly sales of $30.468 million, which missed the analyst consensus estimate of $35.498 million.

FGI Industries shares dipped 7.8% to $3.91 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

  • Beasley Broadcast Group Inc (NASDAQ:BBGI) declined 22.6% to $8.53 in pre-market trading. On Wednesday, Broadcast reported a quarterly loss of $105.40 per share. Compare that with a loss of $1.17 per share in the same period last year, and it’s clear that losses widened significantly. …

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On Friday, Robo.ai Inc. (NASDAQ:AIIO) said its subsidiary Robus has completed manufacturing its initial commercial prototype vehicles and has begun deliveries in Pakistan. The move marks an early step toward scaled revenue generation and broader commercial order fulfillment.

Robo.ai shares rose in premarket trading Friday.

The company said it will continue delivering subsequent volume orders while advancing a planned ramp-up in manufacturing capacity.

Pakistan Launch Tests Supply Chain, Expansion Strategy

River Zhang, chief executive officer of Robus, said the first delivery represents the commercial starting point for the product line. It also serves as …

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Sky Quarry Inc (NASDAQ:SKYQ) shares jumped on Friday. This move extends a massive multi-day surge. The stock has gained over 200% in early April.

Nasdaq futures are up 0.12% while S&P 500 futures have gained 0.05%.

Nevada Refinery Gains Strategic Importance

The momentum stems from the growing importance of the company’s Foreland Refinery. Tightening regional fuel capacity has turned eyes toward Nevada. Sky Quarry previously announced talks with local crude producers.

These discussions aim to bolster local output during a global energy supply crunch.

Geopolitical Tensions Impact Energy

Market sentiment remains tethered …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • BTIG analyst Gregory Lewis initiated coverage on WhiteFiber Inc (NASDAQ:WYFI) with a Buy rating and announced a price target of $20. Whitefiber shares closed at $13.58 on Thursday. See how other analysts view this stock.
  • Piper Sandler analyst David Westenberg initiated coverage on Grail Inc (NASDAQ:GRAL) with …

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Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly held an urgent meeting with the CEOs of the country’s biggest banks this week to warn them about cybersecurity risks posed by Anthropic‘s newly launched AI model.

The meeting took place on Tuesday at the Treasury Department in Washington, according to a Bloomberg report published Thursday.

Who Was In The Room?

The CEOs of Citigroup (NYSE:C), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and Goldman Sachs (NYSE: GS) were present, according to Bloomberg. JPMorgan (NYSE:

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Brent crude oil prices are likely to stay above $100 per barrel for the rest of 2026 if the Strait of Hormuz stays shut for another month, Bloomberg reported on Thursday, citing a Goldman Sachs note.

Analyst Daan Struyven stated that the “situation is fluid,” echoing Vice President JD Vance‘s comments of a “fragile” truce following the two-week ceasefire between the U.S. and Iran announced on Tuesday.

“We continue to see the risks to our price forecast as skewed to the upside,” said Struyen.

According to Goldman Sachs, the limited traffic at Hormuz would lead to a loss of upstream production in the Middle East. As a result, Brent crude oil price could average at $120 per barrel in the third quarter and $115 per barrel in the fourth quarter of the year.

However, if the situation improves over the weekend, the analysts foresee oil price at $82 per barrel in the third quarter and $80 …

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American homeowners paid more in property taxes in 2025 even as their home values declined, with local government costs and shifting tax policies driving bills higher regardless of market conditions, according to ATTOM’s annual property tax analysis published Thursday.

The Tax Bill Climbed Anyway

Property taxes levied on single-family homes across the United States rose 3.7% to $396.8 billion in 2025, covering more than 89.6 million homes. The average bill reached $4,427, a 3% increase over 2024, while the average estimated home value fell 1.7% to $494,231 over the same period. The result: the national effective tax rate rose to 0.9%, its highest since 2020.

“Even with a slight dip in prices, higher tax bills combined with declining home values led to an increase in effective tax rates, underscoring the role of local government costs and shifting …

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Nike (NYSE:NKE) is on the verge of replacing Adidas AG (OTC:ADDYY) as the official match ball sponsor for the UEFA Champions League, thereby ending Adidas’s 25-year dominance.

Nike is in exclusive discussions to supply balls for all UEFA men’s club competitions from 2027 to 2031, including the Europa League and Conference League, the Financial Times reported on Thursday.

The deal’s value is expected to surge, potentially doubling to more than €40 million ($46.75 million) annually. This development marks a significant setback for Adidas, the Champions League ball supplier since 2001.

Adidas confirmed to the publication that it would not renew its role but will continue to supply other tournaments. Meanwhile, UC3, a joint venture between UEFA and the European Club Association, told Reuters that it is in talks with Nike.

Nike did not immediately respond to Benzinga‘s request for comment.

Nike Eyes Football Growth Amid Earnings

For Nike, overtaking Adidas underscores its growing ambitions in football, especially after Puma AG

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Tesla Inc.‘s (NASDAQ:TSLA) retail sales in the Chinese market fell over 16% year-on-year in the first quarter of 2026 despite an increase in its Wholsale figures.

Tesla Retail Sales Fall

On Thursday, Electrek reported that the EV giant also recorded a 24.3% drop in its retail sales in March, with 56,107 units sold compared to 74,127 vehicles it sold last year. During the first quarter, Tesla sold 112,798 units in China, down 16.2% compared to the 134,607 units it sold during the same period last year.

Tesla’s wholesale figures from China’s Gigafactory Shanghai came in at 213,398 units, with over 100,000 vehicles exported to various markets worldwide. In March, Tesla exported 29,563 …

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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Zscaler Inc (NASDAQ:ZS)

  • On April 9, BTIG analyst Gray Powell downgraded Zscaler from Buy to Neutral. The company’s stock fell around 22% over the past month and has a 52-week low of $120.76.
  • RSI Value: 29.9
  • ZS Price Action: Shares of Zscaler fell 11.4% to close at $122.21 on Thursday.
  • Edge Stock Ratings: 2.00 Momentum score.

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The S&P 500 extended its relief rally on Thursday, rising 0.62% to close at 6,824.66, as optimism around a fragile ceasefire in the Middle East continued to support equities.

The Polygon-based (CRYPTO: POL) Polymarket crowd is bearish heading into Friday. The April 10 market shows only 38% of traders betting “Up,” following $271,910 in traded volume on the April 9 outcome.

Why That Number Matters

The two-week ceasefire between the U.S. and Iran has helped stabilize sentiment after weeks of volatility driven by …

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Paramount SkyDance (NASDAQ:PSKY) has arranged permanent financing for its acquisition of Warner Bros Discovery (NASDAQ:WBD), lowering its debt commitments from $54 billion to $49 billion, according to regulatory filings on Thursday.

The financing was secured from a consortium of 18 banks, which syndicated its bridge loan and finalized $5 billion in senior term loans and a $5 billion revolving credit facility, while dropping a separate $3.5 billion credit line.

The loans are secured by a first-priority claim on all assets, including Paramount Global, Skydance Media, and Warner Bros., after the merger closes.  

The deal’s financing is set to be one of the largest debt packages this year, with the combined company …

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On Thursday, Apple Inc. (NASDAQ:AAPL) said it will close three U.S. retail stores as declining mall conditions force a strategic pullback, while a union dispute intensifies around its Towson location.

Apple Blames Declining Mall Conditions

In a statement to MacRumors, Apple said it will permanently shut stores in Trumbull, Connecticut; Escondido, California; and Towson, Maryland, in June.

The company said it regularly evaluates its retail footprint to ensure it delivers the best customer experience.

The closures come as all three malls have lost major tenants and foot traffic, with some facing financial distress and ownership changes.

Apple did not immediately respond to Benzinga’s request for comments.

Employees To Be Relocated Or Reassigned

Apple said staff at its Trumbull and North County …

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In today’s fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Tesla (NASDAQ:TSLA) in relation to its major competitors in the Automobiles industry. By closely examining key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and highlight company’s performance in the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Tesla Inc 320.02 15.79 12.86 1.04% $2.91 $5.01 -3.14%
General Motors Co 23.46 1.13 0.40 -5.22% $0.42 $-1.12 -5.06%
Ferrari NV 33.64 13.62 7.52 9.89% $0.69 $0.93 3.79%
Thor Industries Inc 14.26 0.98 0.43 0.41% $0.1 $0.25 5.34%
Winnebago Industries Inc 22.41 0.75 0.32 0.39% $0.03 $0.09 6.0%
Average 23.44 4.12 2.17 1.37% $0.31 $0.04 2.52%

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In today’s fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Micron Technology (NASDAQ:MU) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company’s performance within the industry.

Micron Technology Background

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Micron Technology Inc 19.89 6.56 8.22 21.0% $18.48 $17.75 196.29%
NVIDIA Corp 37.53 28.41 20.88 31.11% $51.28 $51.09 73.21%
Broadcom Inc 69.18 21.04 25.29 9.12% $11.15 $13.16 29.47%
Advanced Micro Devices Inc 90.67 6.12 11.18 2.44% $2.86 $5.58 34.11%
Texas Instruments Inc 39.45 12.03 11.10 7.03% $2.07 $2.47 10.38%
Analog Devices Inc 64.23 5.08 14.79 2.46% $1.52 $2.04 30.42%
Qualcomm Inc 25.76 5.91 3.12 13.57% $4.11 $6.68 5.0%
Marvell Technology Inc 39.07 7.33 12.73 2.79% $0.75 $1.15 22.08%
Monolithic Power Systems Inc 103.75 18.56 23.10 4.95% $0.21 $0.41 20.83%
NXP Semiconductors NV 25.87 5.17 4.26 4.53% $0.98 $1.81 7.2%
ON Semiconductor Corp 236.17 3.51 4.70 2.33% $0.45 $0.55 -11.17%
GLOBALFOUNDRIES Inc 30.63 2.24 4 1.68% $0.73 $0.51 0.0%
Tower Semiconductor Ltd 105.06 7.88 14.78 2.78% $0.13 $0.09 11.26%
Astera Labs Inc 106.11 16.16 27.27 3.41% $0.07 $0.2 91.77%
First Solar Inc 13.88 2.22 4.06 5.62% $0.7 $0.67 11.15%
Credo Technology Group Holding Ltd 59.30 10.77 18.77 10.03% $0.16 $0.28 201.49%
MACOM Technology Solutions Holdings Inc 112.09 13.73 18.19 3.64% $0.07 $0.15 24.52%
Lattice Semiconductor Corp 5315 20.38 28.08 -1.08% $0.01 $0.1 24.16%
Rambus Inc 50.04 8.37 16.30 4.81% $0.09 $0.15 18.09%
Average 362.43 10.83 14.59 6.18% $4.3 $4.84 33.55%

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In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Apple (NASDAQ:AAPL) in relation to its major competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company’s performance within the industry.

Apple Background

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple’s iPhone makes up a majority of the firm sales, and Apple’s other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple’s sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Apple Inc 32.97 43.36 8.92 52.0% $54.07 $69.23 15.65%
Western Digital Corp 31.94 16.11 11.63 27.66% $2.11 $1.38 25.24%
Seagate Technology Holdings PLC 56.58 244.41 11.05 299.49% $0.85 $1.18 21.51%
Everpure Inc 109.44 13.76 5.64 7.04% $0.15 $0.74 20.35%
NetApp Inc 16.05 16.30 2.89 31.16% $0.51 $1.21 4.39%
Super Micro Computer Inc 16.95 1.99 0.54 5.93% $0.55 $0.8 123.36%
Logitech International SA 19.09 5.71 2.85 11.36% $0.31 $0.61 6.06%
Diebold Nixdorf Inc 33.27 2.67 0.83 4.49% $0.11 $0.28 11.66%
Turtle Beach Corp 13.45 1.58 0.66 14.73% $0.02 $0.05 -18.69%
Average 37.1 37.82 4.51 50.23% $0.58 $0.78 24.23%

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Bernstein analyst Mark Newman raised the target price for SanDisk Corp. (NASDAQ:SNDK) to $1,250, implying about 47% upside from current levels, citing stronger-than-expected NAND pricing trends.

Why Newman Is Bullish

Newman maintained an Outperform rating on the stock, according to a report by Investing.com. Newman maintained an Outperform rating, saying concerns around TurboQuant were “overdone,” while NAND memory pricing continues to exceed expectations.

According to the firm’s March memory tracker, pricing momentum has accelerated, with NAND leading and consistently surprising to the upside.

The firm raised its fiscal 2027 non-GAAP EPS estimates to $144 in a base case and $224 in a bull case.

The $1,250 price target reflects roughly 8.7x base-case EPS, while Bernstein’s broader valuation framework applies an 11x multiple to projected average earnings of …

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A new Federal Reserve study reveals that sweeping U.S. tariffs implemented in 2025 by President Donald Trump are entirely responsible for the recent surge in core goods inflation, hitting consumers with a direct, “dollar-for-dollar” price increase.

Driving The Inflation Spike

According to the April 8 FEDS Note authored by economists Robert Minton, Madeleine Ray, and Mariano Somale, aggressive trade policies enacted last year have dramatically shifted the U.S. economic landscape.

The researchers estimate that tariffs implemented through November 2025 raised core goods personal consumption expenditure (PCE) prices by a staggering 3.1% through February 2026.

Crucially, the economists determined that these levies “can explain the entirety of excess inflation in the core goods category relative to pre-pandemic inflation rates.” Furthermore, the tariffs contributed to a 0.8% boost in the broader core PCE index, which is the central bank’s preferred inflation metric.

A ‘Dollar-For-Dollar’ Consumer Burden

The findings firmly dispel the notion that foreign exporters or …

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Wall Street sees a frozen housing market as the death knell for iBuying, but EMJ Capital founder Eric Jackson views it as the ultimate catalyst for Opendoor Technologies Inc. (NASDAQ:OPEN).

With shares trading at $4.31, Jackson is maintaining a staggering $82 price target, representing an 1,802.55% upside, arguing that the market is mispricing a radical corporate transformation.

A ‘Messy’ But Profitable Path

Jackson asserts that the current 6.33% mortgage rate environment hasn’t destroyed housing demand; it has merely delayed it. “He is describing deferred demand. Not destroyed demand. Deferred,” Jackson wrote in his Substack post, citing his sources from Main Street.

When rates eventually drop, Opendoor’s newly rebuilt infrastructure will be perfectly positioned to capture the coiled volume.

Acknowledging the stock’s recent volatility, massive headline losses, and dilution, Jackson remains unfazed by the bearish sentiment.

“Turnarounds are messy. That’s why they’re cheap,” Jackson stated, comparing Opendoor’s current state to Carvana Co.‘s (NYSE:CVNA) historic rebound. “The straight line was always a lie.”

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Morgan Stanley (NYSE:MS) will release earnings for its fourth quarter before the opening bell on Wednesday, April 15.

Analysts expect the New York-based company to report quarterly earnings of $3.01 per share. That’s up from $2.60 per share in the year-ago period. The consensus estimate for Morgan Stanley’s quarterly revenue is $19.7 billion (it reported $17.74 billion last year), according to Benzinga Pro.

On April 8, Morgan Stanley Investment Management announced the launch of Morgan Stanley Bitcoin Trust.

Shares of Morgan Stanley rose 1.2% to close at $178.16 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

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Alphabet Inc.-backed (NASDAQ:GOOG) (NASDAQ:GOOGL) Robotaxi operator Waymo announced a partnership with Waze Mobile Ltd. on Thursday to help fix potholes by providing data to users about them in real-time.

Waymo-Waze Partnership Aims To Fix Potholes

In an official statement, Waymo announced it was partnering with Waze to “provide cities with sharper tools” to deal with potholes on the road. The program would use Waymo’s “perception and physical feedback” technology to pinpoint pothole locations in the areas that the service operates in.

Waymo also said that the program would be available to the Department of Transportation (DOT) via the “Waze for Cities” platform. Waze users will also be able to access the pothole data in the cities where Waymo operates its service. “Like other on-road features reportable in the Waze app, users will be able to verify the Waymo-identified potholes,” the statement said.

The program will initially be launched in the San Francisco Bay Area, Los Angeles, Phoenix, Austin, and Atlanta. Waymo says it has identified over 500 potholes …

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Shares of Clearsign Technologies Corp (NASDAQ:CLIR) rose sharply in pre-market trading following upbeat quarterly results.

ClearSign Technologies reported fourth-quarter losses of 9 cents per share which beat the analyst consensus estimate of losses of 30 cents per share. The company reported quarterly sales of $3.671 million which beat the analyst consensus estimate of $2.023 million.

Clearsign Technologies shares jumped 11.3% to $6.88 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • iSpecimen Inc (NASDAQ:ISPC) gained 73% to $0.23 in pre-market trading after the company announced it reduced its domestic shipments transit times.
  • Wellgistics Health Inc (NASDAQ:WGRX) gained 67.1% to $0.18 in pre-market trading after the company announced it terminated the Settlement Agreement with Silverback Capital.
  • Erayak Power Solution Group Inc (NASDAQ:RAYA) rose 35.2% to $0.62 in pre-market trading after the China-based power solutions firm disclosed a $400,000 private placement in a Securities and Exchange Commission filing.
  • Xiao-I Corp (NASDAQ:AIXI) jumped 32.2% to $1.31 in pre-market trading after dipping over 30% on Thursday.
  • Presidio Property Trust Inc (NASDAQ:SQFT) rose 29.3% to $3.49 in pre-market trading after gaining 9% on Thursday.
  • zSpace, Inc. (NASDAQ:ZSPC) rose 21.8% to $0.0939 in pre-market trading after dipping more …

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Citron Research has set a massive $300 price target for Amazon.com Inc. (NASDAQ:AMZN), projecting 28% upside from current levels, citing a hidden semiconductor empire that could soon rival the industry leader Nvidia Corp. (NASDAQ:NVDA).

‘Trillion-Dollar’ Threat To Nvidia

Following the release of Amazon CEO Andy Jassy‘s 2025 shareholder letter, Citron Research published a blistering market commentary on the tech giant’s explosive growth in artificial intelligence (AI) hardware.

The renowned research firm declared Amazon “the most serious threat to NVIDIA’s semiconductor dominance ever created.”

According to Citron, Wall Street analysts have completely missed the sheer magnitude of Amazon’s custom silicon efforts. The firm highlighted that Amazon’s proprietary chip division operates at a staggering “$50 billion standalone revenue run rate,” featuring triple-digit growth.

Emphasizing this hidden value, Citron noted, “This is another trillion dollar company hidden inside $AMZN. This does not exist in a single sell side model. Not one.”

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Newton Golf (NASDAQ:NWTG) moved lower on Thursday following a regulatory update tied to its Nasdaq listing compliance.

NWTG closed the regular session down 11.61% at $1.37 and declined a further 9.49% in after-hours trading to $1.24.

Company Overview

Newton Golf Company Inc develops high-performance golf equipment, including precision-engineered shafts and putters.

Compliance Notice

The company disclosed in a recent filing that it received a deficiency notice from the Nasdaq Listing Qualifications Department on April 6, 2026.

The notice indicates that Newton Golf is not in compliance with Nasdaq’s minimum stockholders’ equity requirement of $2.5 million for continued listing on the Nasdaq Capital Market.

Timeline To Regain Compliance

Under Nasdaq rules, …

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Investor Ross Gerber of Gerber Kawasaki thinks that Tesla’s rumored affordable model would be a Cybercab fit with driver inputs.

A Cybercab With A Steering Wheel

In a post on X on Thursday, Gerber quoted a report by Reuters that shed light on a possible affordable vehicle being developed by the EV giant. “A Tesla cybercab with a steering wheel… they’ll say anything at this point…” Gerber said in the post, seemingly criticizing Tesla for its possible pivot.

It’s also worth mentioning that Gerber has, in the past, suggested that Tesla release an affordable model by putting a steering wheel and pedals into the Cybercab. “Take the gold …

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John Giamatteo, CEO & Director of BlackBerry Limited (NYSE:BB), speaking at the company’s fourth-quarter earnings conference on Thursday, said, “The turnaround is complete, and the BlackBerry story is now a growth story.”

He said, “QNX delivered another Rule of 40 quarter, rounding out a Rule of 40 year. QNX to remain a Rule of 40 business for fiscal year 2027.” QNX is BlackBerry’s UNIX-like real-time operating system for embedded systems.

QNX: A Core Growth Engine

QNX is the company’s core growth engine. It delivered record revenue for two consecutive quarters, exceeding the top end of the guidance range at $78.7 million and representing 20% year-over-year growth. Giamatteo attributed the rise to a record quarter for royalties and development revenue.

He said, “This is not a business that is slowing down, but rather one that is compounding, powered by our continued leadership in automotive and growing momentum across physical AI, robotics, industrial, medical, and emerging markets.”

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The CNN Money Fear and Greed index showed further easing in the overall fear level, while the index remained in the “Fear” zone on Thursday.

U.S. stocks settled higher on Thursday, with the Dow Jones index jumping around 275 points during the session as tentative Lebanon–Israel diplomatic overtures introduced a fragile layer of optimism into an otherwise tense geopolitical backdrop.

In earnings, shares of Neogen Corp. (NASDAQ:NEOG) fell around 3% on Thursday after the company reported results for the third quarter. Shares of Simply Good Foods Co. (NASDAQ:SMPL) dipped 18% after the company reported mixed second-quarter financial results and cut its FY26 guidance below estimates.

On the economic data front, the U.S. PCE price index increased 0.4% month-over-month in February, up from January’s 0.3% growth. U.S. initial jobless …

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Albertsons Companies, Inc. (NYSE:ACI) will release earnings for its fourth quarter before the opening bell on Tuesday, April 14.

Analysts expect the Boise, Idaho-based company to report quarterly earnings of 44 cents per share. That’s down from 46 cents per share in the year-ago period. The consensus estimate for Albertsons’ quarterly revenue is $20.47 billion (it reported $18.8 billion last year), according to Benzinga Pro.

On Jan. 26, Albertsons Companies named Allison Pinkham as executive vice president and chief human resources officer.

Shares of Albertsons fell 1.4% to close at $17.47 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

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With U.S. stock futures trading slightly lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Lotus Technology Inc. (NYSE:LOT) to report a quarterly loss at 15 cents per share on revenue of $154.00 million before the opening bell, according to data from Benzinga Pro. Lotus Technology shares fell 3.4% to $1.41 in after-hours trading.
  • Simulations Plus Inc. (NASDAQ:SLP) reported better-than-expected second-quarter financial results, but slashed its FY2026 adjusted EPS guidance. Simulations Plus shares jumped 12.9% to $14.66 in the after-hours trading session.
  • Analysts are expecting Children’s …

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Actelis Networks (NASDAQ:ASNS) moved sharply lower on Thursday following a regulatory update tied to its Nasdaq listing status.

ASNS closed the regular session down 73.39% at $0.089 and declined a further 32.74% in after-hours trading to $0.060.

Company Overview

Actelis Networks provides hybrid fiber and cyber-hardened networking solutions designed for the rapid installation of networks that connect smart devices, along with applications across government, transportation and critical infrastructure systems.

Delisting Notice

The company announced Thursday that it received a determination from the Nasdaq Hearings Panel to delist its common stock from the Nasdaq Capital Market.

The decision follows Actelis’ non-compliance with Nasdaq’s minimum bid price requirement. While the company presented a plan to regain compliance, the …

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Governor Jay Robert ‘JB’ Pritzker (D-IL) on Thursday criticized President Donald Trump and the war with Iran, citing surging gas prices amid escalating tensions between Washington and Tehran.

Americans Are Struggling

Expressing his criticism of Trump, Pritzker shared his views through a post on the social media platform X. “Americans are struggling to afford gas and groceries,” the Governor said. “Meanwhile Trump calls war an ‘investment,” he said.

Pritzker was likely referring to the President’s earlier address on April 1st when he called the war with Iran “a true investment” for America’s future generations, calling Iran the “bully” of the Middle East. “That tells you everything you need to know,” Pritzker said at the end of the post.

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XCF Global, Inc. (NASDAQ:SAFX) shares jumped 16.57% in after-hours trading Thursday to $0.64 after the Houston-based sustainable aviation fuel producer announced a binding term sheet with Texas-based BGN INT US LLC for a global sustainable aviation fuel distribution and logistics partnership.

The spike in shares of the renewable energy company in the late trading session follows a 21.58% intraday decline, closing the regular session at $0.54, according to Benzinga Pro data.

BGN Deal Targets Global SAF Scale-Up

The deal announced on Thursday targets XCF’s New Rise Renewables Reno plant under a tolling framework, covering SAF, renewable diesel and renewable naphtha in Europe and the Middle East.

CEO Chris Cooper called the BGN deal “a critical step” in global commercialization.

BGN President Cenan Ozmeral said the partnership would make “SAF adoption practical and commercially viable for airlines seeking to meet tightening decarbonization targets.”

The definitive agreement remains subject to …

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Seven & i Holdings Co Ltd (OTC:SVNDY) postponed the planned initial public offering of its U.S. convenience store business unit, 7-Eleven Inc., to fiscal 2027 from 2026 on Thursday. The news pushed Seven & i shares down by 2.55% on the Tokyo exchange at the time of writing.

The postponement came amid the uncertainty in market conditions amid the U.S.-Israeli war against Iran that has disrupted energy supplies, reported Japan Today. Stephen Dacus, president of the conglomerate, said at a press conference that the listing of its U.S. convenience store business will proceed once the market conditions improve in the country.

The Japanese company plans to raise 2 …

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Lianhe Sowell International Group Ltd (NASDAQ:LHSW) shares jumped 17.54% in after-hours trading on Thursday to $0.22, following a series of insider filings disclosing new beneficial ownership positions at the Shenzhen-based prepackaged software firm.

A series of Securities and Exchange Commission filings, required under Section 16(a) of the Securities Exchange Act of 1934, were submitted between Apr. 1 and Apr. 9, mandating that statutory insiders report ownership to the SEC.

What Investors Need To Know

The most recent filing came on Thursday from Director Wong Hoi Hin, who was appointed director in late March.

CFO Ng Tracy Chui-Kam and Director Chow Chun Yu Leeds filed …

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Investor Gary Black, who is a managing partner at The Future Fund LLC, has outlined his take on why Tesla, Inc. (NASDAQ:TSLA) has been declining for the past eight weeks.

Disappointing Deliveries

On Thursday, the investor shared why he thought TSLA stock was on the decline in a post on the social media platform X. He said the stock was declining after analysts cut earnings estimates following the automaker’s “disappointing” first-quarter 2026 delivery figures.

“TSLA P/E being re-rated down as investors question whether TSLA can scale its robotaxi business,” Black said in the post, sharing that the Robotaxi business was the “primary driver of its 2026 P/E of 180x.” The investor also compared Tesla’s P/E with other Magnificent 7 companies like Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN) and more, all of which have a P/E of under 30x.

He then said that investors in the EV giant were “deluding themselves” into thinking that Tesla was “on the verge of solving for generalized unsupervised autonomy,” and that P/E ratios and delivery figures do not matter. “EVs still …

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Breakwave Tanker Shipping ETF (NYSE:BWET) was one of the top performers in the April 9 trading session, climbing about 15%. The surge came amid the reports from BIMCO that the global shipping order book has climbed to its highest level in nearly two decades.

Per the report, the global order book reached 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equivalent to 17% of the existing fleet, the highest ratio since 2011.

Tanker Activity Remains Strong

The global shipping industry is currently witnessing a powerful wave of new vessel orders with the tanker segment being the primary driver of the growth. Though total contracts fell 17% from the fourth quarter of 2025, new orders are running 47% above the average levels seen in the 2010s. A stronger freight market, a larger global fleet, and a growing need to replace aging vessels are fueling growth in new orders.

Newbuilding orders jumped 40% year-over-year in the first quarter to 17.6 million CGT, led …

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Erayak Power Solution Group Inc. (NASDAQ:RAYA) shares surged 48.80% to $0.68 in after-hours trading on Thursday after the China-based power solutions firm disclosed a $400,000 private placement in a Securities and Exchange Commission filing.

According to the SEC filing filed on Thursday, Erayak entered into a Securities Purchase Agreement on Tuesday, issuing up to 5 million Class A ordinary shares at $0.08 per share to non-U.S. investors. The Class A ordinary shares carry a par value of $0.022 per share.

The offering closed the same day under Regulation S of the Securities Act of …

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iSpecimen Inc. (NASDAQ:ISPC) shares are trending on Thursday night.

ISPC stock jumped 56.19% in after-hours trading to $0.20 on Thursday, after the Massachusetts-based biospecimen marketplace announced a direct supplier-to-customer shipping overhaul, slashing domestic transit times by 70–85%.

According to iSpecimen, the restructured model eliminates centralized hub routing that previously added 7–14 days to delivery. Domestic shipments now arrive in as little as 1–2 days, with fewer handoffs also lowering overall shipping costs.

Rare Specimen Access Expands Into Europe

Internationally, iSpecimen deepened sourcing partnerships across Europe and Eastern Europe, targeting rare and hard-to-source specimens for time-sensitive research needs.

CEO Katie Field cited …

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U.S. stocks experienced a significant surge today, driven by President Donald Trump’s announcement of a temporary ceasefire with Iran.

Major U.S. indices closed higher on Thursday, with the Dow Jones Industrial Average up 0.58% at 48,185.80, the S&P 500 rising 0.62% to 6,824.66, and the Nasdaq gaining 0.83% to 22,822.41.

These are the top stocks that gained the attention of retail traders and investors through the day:

Amazon.com Inc. (NASDAQ:AMZN)

Amazon’s stock closed up 5.60% at $233.65, reaching an intraday high of $233.80 and a low of $223.27. The stock’s 52-week range is between $258.60 and $165.28.

The tech giant announced a substantial investment of $12 billion in Mississippi, including an $11 billion expansion of its data center operations in Madison County, creating 700 new jobs. Additionally, a $1 billion project in Clinton will add 100 jobs, bringing Amazon’s total planned capital investment in the state to $25 billion, with over 2,000 jobs expected.

Snowflake Inc. (NYSE:SNOW)

Snowflake’s stock fell 11.83% to close at $132.24, with an intraday high of …

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OpenAI is planning to launch a cybersecurity model that rivals Anthropic’s cybersecurity artificial intelligence model, Claude Mythos.

The AI cybersecurity model, designed to work with advanced hacking and defensive capabilities, will be released to a small group of businesses through OpenAI’s existing Trusted Access for Cyber pilot program, Axios reported.

The pilot program was announced in February in an effort to “enhance baseline safeguards for all users while piloting trusted access for defensive acceleration.” 

OpenAI committed $10 million in API credits to participants at the time of the announcement.

Yesterday, it was announced Anthropic plans to release Claude Mythos Preview to a select group of companies, as the AI firm aims to identify and fix software vulnerabilities …

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Barclays analyst Benjamin Budish downgraded Coinbase Global (NASDAQ:COIN) from Equal Weight to Underweight on April 8, cutting his price target to $140 from $148.

The thesis is simple: the retail trading boom that built Coinbase is over, and the company has yet to find anything to replace it.

Budish’s note puts the damage in plain terms. Despite a pro-crypto White House and a favorable regulatory backdrop, “global crypto trading activity has declined to a level not seen since the end of 2023,” he wrote.

Coinbase’s Q1 spot volume came in around $189 billion — down 30% from the prior quarter. Barclays is modeling transaction revenues of $678 million for the period, well short of the Street’s $876 million estimate.

March was Coinbase’s worst volume month since September 2024. April, he says, is showing no signs of a rebound.

The Everything Exchange Problem

Budish also questioned whether Coinbase’s “everything exchange” strategy can actually work. Equities …

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Frontier AI models are more powerful than ever, but new research suggests some of the hype around autonomous AI may be getting ahead of reality.

General Reasoning, an AI research firm, released KellyBench this week, a long-horizon test that places AI agents inside a simulated English Premier League betting market and asks them to grow a bankroll over a full season.

The results were not flattering.

Every Model Lost Money

Every model lost money. Claude did best, finishing down just 11%, but that was still a loss. Grok 4.20 fared worst, burning through nearly 90% of its bankroll. xAI, Elon’s company behind Grok, has experienced heavy leadership turnover and scaling challenges in its attempt to catch up with the leading models.

The firm rated each model on a 44-point sophistication rubric developed with quantitative betting experts.

No model scored higher than a third of available points. “Models struggle to behave coherently over long time horizons,” the researchers wrote, “often failing to act upon their analysis …

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The Carlyle Group’s (NASDAQ:CG) flagship private credit interval fund received a large amount of repurchase requests as turmoil in the private credit sector continues.

The Carlyle Tactical Private Credit Fund (CTAC), which has more than $7 billion in assets, received requests of 15.7%, three times its threshold of 5%, a shareholder letter stated, as reported by the Wall Street Journal.

CTAC leverages Carlyle’s Global Credit platform and seeks to provide access to a broad range of private credit strategies. Under normal circumstances, the fund will invest at least 80% of its assets in private fixed income securities and credit instruments, the firm’s

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Anthony Scaramucci owns a piece of SpaceX. He also invested in xAI. And he’ll be the first to tell you none of it makes conventional sense.

“The cult of personality around Elon Musk gives his companies an excessive premium that is off the charts,” the SkyBridge Capital founder wrote on X. He called Tesla (NASDAQ:TSLA) a stock that “defies conventional metrics.” Then he explained why he bought into SpaceX anyway.

The reason is Amazon.

The $20 Million Mistake He Won’t Repeat

A $10,000 investment in Amazon (NASDAQ:AMZN) at its 1997 IPO would be worth nearly $20 million today. Scaramucci missed it.

“I’m not making that mistake again,” he wrote.

SpaceX has confidentially filed for what may be the largest IPO in history, targeting a raise …

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The private markets landscape has been a rather difficult one this year, with heightened market volatility, ongoing geopolitical tensions, evolving monetary policy, and the acceleration of AI-driven disruption all causing tension. 

Despite this, “today’s uncertainty is creating opportunities across many asset classes, including private markets,” KKR’s investment team wrote in a recent April report.

The current environment is “less about reacting to noise and more about staying focused on fundamentals,” the investment team added.

Dan Pietrzak, partner in private credit at KKR, cautioned against what he calls a common misconception, that private credit is often assumed to mean corporate lending alone. In fact, the investment universe is far broader.

Private asset-based finance, such as aircraft leases and business equipment loans, is a growing segment of the private credit market. Pietrzak pointed to its historically attractive yields, market size, and the potential for diversification.

While recent headlines have spotlighted elevated defaults in private credit—particularly within software, Pietrzak noted that stress has so far been concentrated on specific issuers and is not indicative of a sudden or broader shock in the private credit system.

JPMorgan CEO Jamie Dimon and Federal Reserve Chair Jerome Powell …

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Florida Attorney General James Uthmeier is launching an investigation into OpenAI and ChatGPT, citing concerns that the use of artificial intelligence technologies and data may pose risks to public safety and national security.

The AG added that there are concerns that this data could “fall into the hands of America’s enemies, such as the Chinese Communist Party,” Uthmeier said in a video posted to X.

He added that while artificial intelligence has created a “monumental leap in technology,” it has also been linked to criminal behavior. He cited child sex abuse material, use by child predators and the encouragement of suicide and selfharm as the reasoning behind their concerns.

“We’ve also learned that ChatGPT may likely have been used to assist the murderer in the recent mass school shooting at Florida State University that tragically …

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Court Square Capital Partners, formerly Citigroup’s in-house private equity arm, surpassed its $3 billion target, raising $3.8 billion for its Court Square Partners Fund V.

Fund V will focus on control buyouts in the business services, health care, industrials and technology sectors, specifically seeking long-term growth potential, the company stated in a press release. 

“​​This close signals continued confidence in our approach and our ability to partner with founders, families and management teams to drive long-term value and growth. We are incredibly excited about the opportunity set across our target sectors, and we continue to find compelling ways to deploy capital in the current market environment,” said Chris Bloise, president and managing partner.

Fund V, the firm’s largest fund to date, saw more than 40 new …

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Galaxy Digital Inc. (NASDAQ:GLXY) shares are climbing Thursday. Investors are weighing a massive infrastructure valuation alongside a cooling geopolitical climate.

Helios Facility Valued At $15 Billion

In the company’s 2025 annual report, published on Wednesday, CEO Mike Novogratz highlighted the Helios data center in Texas as a $15 billion powerhouse. The facility is approved for over 1.6 gigawatts of power. Novogratz noted the first 800 megawatts leased to CoreWeave Inc.(NASDAQ:CRWV) represent over $7.5 billion of capital investment alone.

“Combined with our newly approved 830 megawatts in a build-to-suit model, Helios likely represents well north of $15 billion …

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The federal government’s interest payments on public debt reached $529 billion in the first half of fiscal year 2026, nearly equaling the combined spending on defense ($461 billion) and education ($70 billion), according to the Congressional Budget Office (CBO) report published Wednesday.

This represents a $33 billion increase from the same period last year, driven by a larger debt load and higher long-term interest rates.

The federal deficit totaled $1.2 trillion for the period from October through March, with total outlays of $3.7 trillion, up 2% and revenues rising 10% to $2.5 trillion, partly buoyed by a sharp jump in customs duties following …

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Anthropic’s tender offer has fallen short of its estimated $6 billion, as employees decided to hold more of their shares ahead of the company’s expected initial public offering (IPO) slated for sometime in 2026.

While some investors received their full requested allocation, others were forced to settle for a partial deployment of the capital they had earmarked for the tender offer, Bloomberg reported.

• Invesco QQQ Trust, Series 1 stock is showing upward bias. What’s next for QQQ stock?

The tender offer allowed employees to sell some of their shares at the same price set during the company’s most recent fundraising in February. At that time, Anthropic’s valuation was $350 billion, …

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DraftKings Inc (NASDAQ:DKNG) shares are trading lower Thursday. The decline follows news of surging competition and shifting legal precedents in the prediction market sector.

The Nasdaq is up 0.40% while the S&P 500 has gained 0.50%.

Kalshi Volume Hits Record Highs

Kalshi CEO Tarek Mansour reported that monthly trading volume recently surpassed $12 billion. While sports contracts previously dominated 90% of the platform’s volume, they still represent 70%.

Mansour noted that sports betting acts like options, providing liquidity for other contracts. This growth directly challenges the market share of traditional operators like Flutter Entertainment PLC (NYSE:FLUT).

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The Commodity Futures Trading Commission filed a motion Wednesday asking a federal judge to immediately freeze Arizona’s criminal prosecution of Kalshi, escalating a federal-state confrontation that now spans three simultaneous lawsuits and a looming arraignment.

The CFTC asked the U.S. District Court for the District of Arizona for a preliminary injunction and temporary restraining order. The motion follows a suit filed last week alongside the Department of Justice.

“Arizona’s decision to weaponize preempted state criminal law against companies that comply with a comprehensive federal regime sets a dangerous precedent,” said CFTC Chairman Michael Selig.

Arizona AG Kris Mayes filed 20 misdemeanor counts against Kalshi on March 17, including four counts of election wagering and 16 counts of unlawful betting, the first criminal …

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U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Thursday.

The Dow traded up 0.77% to 48,278.43 while the NASDAQ rose 0.83% to 22,822.04. The S&P 500 also rose, gaining, 0.69% to 6,829.76.

Leading and Lagging Sectors

Utilities shares climbed by 1.7% on Thursday.

In trading on Thursday, health care stocks fell by 0.6%.

Top Headline

Neogen Corp (NASDAQ:NEOG) shares fell around 3% on Thursday after the company reported results for the third quarter.

The company reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 6 cents per share. The company reported quarterly sales of $211.200 million which beat the analyst consensus estimate of $204.492 million.

Equities Trading UP
           

  • Onconetix Inc (NASDAQ:ONCO) shares shot up 108% to $2.35 after the company announced Realbotix, its pending acquisition target, has delivered its first Vinci-equipped humanoid robot to Ericsson.
  • Shares of DarkIris Inc (NASDAQ:DKI) got a boost, surging 52% to $0.60 after the company …

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Snowflake Inc. (NYSE:SNOW) shares are under intense pressure Thursday, sliding as a wave of selling hits the enterprise software space. The decline follows a data dump that revealed a stalling U.S. economy and escalating competitive threats from new artificial intelligence models.

Software Sector Shaken by AI Disruptors

The software industry is grappling with disruption fears following the release of advanced AI models. Concerns are mounting that agentic workflows could compress pricing power for legacy SaaS platforms.

Market sentiment soured after Anthropic rolled out Managed Agents, which execute multi-step tasks autonomously. This shift threatens seat-based models utilized by cloud leaders like Snowflake and Workday Inc. (NASDAQ:WDAY).

Economic Growth Stalls

Macroeconomic headwinds are further dampening the mood for growth stocks. …

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Netflix, Inc. (NASDAQ:NFLX) looks clean. The balance sheet says about $14.5 billion in debt. The stock is hovering near $100. Nothing alarming. Nothing screaming leverage. But that’s only if you take the accounting at face value.

Because sitting just off the balance sheet is something far more interesting — and arguably just as real: $7.4 billion worth of in-the-money stock options, The Information reported.

The $7.4B That Doesn’t Count (But Maybe Should)

As of year-end, Netflix had roughly 127.7 million vested options outstanding, with an average exercise price of just $36.07. With the stock now near $100, that gap translates into billions of embedded value — or cost, depending on how you look at it.

Netflix itself pegs that value at $7.4 billion.

Under current accounting, that doesn’t …

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CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are retreating Thursday as a broader sell-off hits the Software-as-a-Service (SaaS) sector.

The Nasdaq is down 0.03% while the S&P 500 has shed 0.03%

The decline follows news that Anthropic launched “Managed Agents,” AI systems capable of autonomous tasks.

• CrowdStrike Holdings stock is taking a hit today. What’s pressuring CRWD stock?

Economic Growth Stalls

Thursday’s data showed U.S. GDP grew at 0.5% in the fourth quarter. Nela Richardson, ADP chief economist, noted the consumer was “vulnerable and fragile” even before recent energy …

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Nio Inc. (NYSE:NIO) has opened pre-sales for its latest flagship SUV, the ES9, positioning it as a premium yet competitively priced offering in China’s electric vehicle market.

The company unveiled the ES9 during a technology event in Hangzhou, Zhejiang province, highlighting its pricing strategy and feature set as it targets higher-end buyers.

According to Benzinga Pro, NIO stock has gained over 82% in the past year. Investors can gain exposure to the stock via Invesco Golden Dragon China ETF (NASDAQ:PGJ).

Pricing Strategy Signals Competitive Push

Nio set the ES9 pre-sales price at 528,000 yuan, or about $77,230, including the battery pack, CnEV Post reports. The pricing undercuts the company’s ET9 …

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Bitcoin (CRYPTO: BTC) bounced from $67,000 to $72,000, but Glassnode data reveals weak spot demand, contracting futures volume, and persistent long-term holder capitulation running above 4,000 BTC per day, suggesting the recovery lacks conviction.

The Bear Market Zone

Bitcoin remains within bear market territory according to key on-chain pricing models. 

The realized price at $54,000 represents the average acquisition cost of all circulating supply. The True Market Mean at $78,000 narrows this calculation to only actively transacted coins.

Price trading within this band is historically consistent with a market that has not transitioned into a sustainable recovery. 

Bitcoin also trades below the Short-Term Holder Cost Basis at $81,600, the level at which recent buyers collectively break even.

Until price reclaims $81,600, the mid to long-term bias tilts to the downside. Any rally into this zone will likely encounter meaningful distribution pressure from recent buyers seeking to …

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Palantir Technologies Inc. (NASDAQ:PLTR) shares are retreating on Thursday. The decline follows social media commentary from “Big Short” investor Michael Burry.

Burry used his X account, Cassandra Unchained, to challenge Palantir’s market position. He suggested the company is losing ground to Anthropic. Burry noted that “Anthropic is very well run and knows what it is doing.”

Anthropic Expansion Signals Shift

The scrutiny intensifies following Anthropic’s Monday announcement. The AI firm signed a massive compute deal with Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google and Broadcom Inc.

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Ford Motor Co. (NYSE:F) shares up slighting on Thursday as the company is scaling production of its Sharrow Propeller in collaboration with Sharrow Engineering. This news comes during a mixed market day, with the S&P 500 showing minimal movement.

The auto behemoth is partnering with Sharrow Engineering to significantly reduce production timelines for the Sharrow Propeller, cutting the process from approximately 130 days to just two weeks.

A Shallow Propeller is a marine propeller featuring a loop-shaped blade design that replaces traditional swept-tip blades.

• Ford Motor shares are consolidating. What should traders watch with F?

Broader Industry Backdrop

In the broader industry, the Donald Trump administration is cracking down on Chinese-made airbag inflators used in vehicles sold in the U.S. that have been reportedly tied to multiple fatal crashes in recent years amid a push to nullify China’s growing influence in the auto and tech industries.

Meanwhile, Ford’s collaboration leverages advanced 3D sand-casting techniques, aiming to meet the growing consumer demand ahead of the summer boating season.

The broader market is experiencing slight fluctuations, with the Consumer Discretionary sector …

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The Simply Good Foods Company (NASDAQ:SMPL) shares fell sharply Thursday after the company reported mixed second-quarter results and lowered its full-year outlook.

The packaged food maker posted adjusted earnings of 45 cents per share, topping analysts’ estimates of 40 cents. However, revenue declined 9.4% year over year to $326.0 million, missing the consensus estimate of $345.6 million.

Chief Executive Officer Joe Scalzo said the company is not pleased with its current performance and is taking steps to address the shortfall.

Sales Decline Driven by Brand Weakness

The revenue drop was largely driven by steep declines in its Atkins and OWYN brands, which fell 26.6% and 16.8%, respectively. Growth in the Quest brand was modest at 0.3% and did little to offset the …

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Tesla (NASDAQ:TSLA) is developing an all-new compact electric SUV priced well below its current lineup, as the company faces mounting pressure to demonstrate that its core vehicle business can stage a meaningful recovery.

Morningstar analyst Seth Goldstein expects the company’s slump to persist, noting: “Globally, I’m forecasting a third straight year of deliveries decline in 2026.”

Legendary short-seller James Chanos had a concise take on Tesla’s predicament. When a user posted on X that “the selling pressure on Tesla is a bit suspicious,” Chanos replied: “Yeah, totally suspicious. Why would anyone be selling a stock at 170x declining earnings (EPS peaked in 2022)…?!”

What We Know About The New Model

The compact SUV will measure roughly 14 feet in length, significantly shorter than the Model Y. Three sources said it would be produced at Tesla’s Shanghai factory, with one …

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U.S. stocks traded lower this morning, with the Dow Jones index falling more than 100 points on Thursday.

Following the market opening Thursday, the Dow traded down 0.27% to 47,778.78 while the NASDAQ fell 0.40% to 22,544.04. The S&P 500 also fell, dropping, 0.23% to 6,767.01.

Leading and Lagging Sectors

Utilities shares climbed by 1.6% on Thursday.

In trading on Thursday, information technology stocks fell by 0.8%.

Top Headline

The U.S. economy grew at an annualized rate of 0.5% in the fourth quarter. That’s a sharp deceleration from the 4.4% pace recorded in the third quarter and a downward revision of 0.2 percentage points from the prior estimate, primarily due to weaker investment data.

Equities Trading UP
           

  • Onconetix Inc (NASDAQ:ONCO) shares shot up 76% to $1.99 after the company announced Realbotix, its pending acquisition target, has delivered its first Vinci-equipped humanoid robot to Ericsson.
  • Shares of DarkIris Inc (NASDAQ:DKI) got a boost, surging 59% to $0.63 after the company announced …

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The U.S. natural gas market is showing signs of seasonal normalization, with the front-month April contract (J26) trading near the lower end of its historical range. While a moderate winter premium remains visible in the Z26 contract, the overall forward curve has moved closer to 2024–2025 levels, reflecting reduced concerns over acute shortages.
Inventories are building faster than average (+56 BCF forecast), pushing storage levels above seasonal norms at around 1.92 TCF. European storage remains tight at just 28.6%, but weather-driven demand is expected to stay near normal in the coming weeks. The supply-demand balance is shifting toward a moderately bearish bias in the short term, although the number of days of supply from storage (16.2 days) continues to provide some underlying support.

Current natural gas prices compared to the price range 10 days prior to expiration, by month, since 2010

The graph constructed and based on an analysis of data from Bloomberg and EIA.

The current price of the nearest April contract (J26) is near the lower end of the historical range for the 10-day period leading up to expiration and is close to the median values. For the summer months, the 2026 curve is generally around the median or slightly below it, with no significant weather premium. The most notable upward deviation persists in the winter contract Z26, which is trading above the average level and closer to the upper half of the historical range. For 2027 and 2028, values are also slightly higher than 2026 in the winter segment, but without an extreme deviation from historical data. Overall, the near end of the curve now looks noticeably calmer than in winter, and the market premium is concentrated mainly in the coming heating season.

Forward natural gas curve compared to 2020–2026

The 2026 forward curve is significantly lower than the 2022–2023 peaks and, overall, closer to the 2024–2025 trajectory. After the winter peak, the market moves into a range of around 3.7–4.0 during the summer months and then resumes seasonal growth heading into the winter of 2026/27. January 2027 remains one of the most expensive points on the curve, but no longer appears extreme compared to the crisis years. The distant segments for 2028–2030 maintain a stable seasonal sine wave without sharp spikes, which suggests a normalization of long-term expectations. Overall, the current curve reflects a moderate …

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Tarek Mansour, CEO of prediction market exchange Kalshi, says Donald Trump Jr. has never made a regulatory ask on the platform’s behalf, pushing back on conflict-of-interest concerns as monthly trading volume surges past $12 billion.

Trump Jr. was hired as a Kalshi strategic advisor shortly after inauguration day.

He is also an investor and advisor to rival Polymarket. “We have never asked for any favors and he has never done anything, any regulatory ask, nothing like that,” Mansour said in a new interview.

Sports Share Is Falling, But That’s The Point

Sports contracts still make up roughly 70% of volume, down from over 90% recently.

Mansour defended that remaining share directly: sports betting, he argued, works like options in traditional markets, generating the liquidity that makes Kalshi’s economics and politics contracts viable.

Kalshi co-founder Luana Lopes Lara flagged tech layoff contracts as among the fastest-growing markets, up over 20% week over week.

She highlighted a …

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U.S. stocks were lower, with the Dow Jones index falling over 100 points on Thursday.

Shares of BlackBerry Ltd (NYSE:BB) rose sharply after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.

BlackBerry reported adjusted earnings per share of 6 cents, beating the consensus estimate of 4 cents. In addition, the company reported revenue of $156.00 million, beating the consensus estimate of $144.36 million, per Benzinga Pro data.

BlackBerry shares jumped 12.2% to $3.96 on Thursday.

Here are some other big stocks recording gains in today’s session.

  • Mega Fortune Co Ltd (NASDAQ:MGRT) shares jumped 44% to $63.00.
  • STAAR Surgical Co (NASDAQ:STAA) gained 25.2% to $26.14 after the company reported a year-over-year increase in first-quarter net sales results.
  • Forte Biosciences Inc (NASDAQ:FBRX) surged 22.6% to …

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Corvex, Inc. (NASDAQ:MOVE) shares are climbing Thursday morning. The company announced it regained compliance with Nasdaq’s listing requirements. This news ends a delisting threat that began in late 2025.

Nasdaq Compliance Restored

The AI cloud firm received a formal letter from Nasdaq on Tuesday. The letter confirmed Corvex met the minimum stockholders’ equity requirement. This resolves a deficiency first reported on Oct. 1.

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IonQ (NYSE:IONQ) on Thursday signed a strategic agreement with Horizon Quantum. The deal involves Horizon Quantum acquiring IonQ’s 256-qubit trapped-ion system, which is expected to enhance their quantum computing capabilities as the company aims to unlock broader quantum advantages for developers.

This news comes as the broader market experienced declines, with major indices like the Nasdaq and S&P 500 both slipping.

Horizon Quantum will purchase one of IonQ’s first 6th-generation, chip-based 256-qubit trapped-ion systems, a move that aims to significantly boost their quantum computing resources.

This acquisition is part of Horizon Quantum’s strategy to expand its capabilities and provide advanced software infrastructure for quantum applications.

The broader market saw declines on Thursday, with the Nasdaq falling 0.01% and the S&P 500 down 0.13%. IonQ’s drop comes as the technology sector struggled, indicating that the stock may be reacting to broader market pressures rather than just company-specific news.

Technical Analysis

At $28.78, IonQ is trading 6.7% below its 20-day simple moving average (SMA) of $30.84, suggesting short-term bearish momentum. Additionally, the stock is 15.5% below its 50-day SMA of $34.02, indicating a continued struggle to regain upward traction in the intermediate …

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AGA Precision Systems, a unit of PMGC Holdings Inc. (NASDAQ:ELAB), said on Thursday it has signed a new long-term agreement with a Tier 1 aerospace and defense company to supply precision CNC components.

The multi-year deal formalizes an ongoing relationship and includes commitments on quality, delivery, and pricing for mission-critical programs. It follows a similar agreement announced on March 31, 2026, with Turbo-Jet Products Co., Inc.

AGA said the contract strengthens its position in the U.S. defense supply chain and supports recurring revenue potential. The customer’s identity was not disclosed due to confidentiality and ITAR requirements.

Technical Analysis

PMGC Holdings is …

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The Federal Reserve leadership transition is scheduled to occur during a turbulent time. Rate-cut expectations have been slashed to zero, private-sector job growth is effectively zero, and trillions of dollars in debt need to be refinanced.

Each of these variables alone would be manageable. Together, they form a trifecta of macro constraints of 2026.

Expectations Revisited

Wells Fargo has revised its rate change projection on April 6. According to Reuters, the bank scrapped its expectation of two rate cuts this year, expecting a transient inflation bump and higher uncertainty.

Inflation, particularly from energy shocks tied to geopolitical conflict, remains too persistent. The bond market has made that clear by pushing yields higher and demanding a greater risk premium to hold U.S. debt.

Meanwhile, Federal Reserve Chair Jerome Powell acknowledged weakness in the job market

“If you adjust what has been the trend in job creation over the past six months…If you adjust that for what we think is the overstatement due to overcounting, effectively there’s zero net job creation in the private sector,” he said on March 18.

For Powell, whose term ends on May 15, the economy isn’t collapsing, but it is not expanding in a meaningful way either.

Under normal circumstances, …

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Jet.AI Inc. (NASDAQ:JTAI) stock continued tanking Thursday following its 1‑for‑200 reverse stock split that took effect before Wednesday’s market open. 

The company pointed focus to a fresh $5 million investment in a special purpose vehicle tied to Elon Musk‘s SpaceX and xAI‑related entities. 

On Wednesday, Jet.AI began trading split‑adjusted after converting roughly 129.4 million pre‑split shares into about 646,800 shares, significantly reducing the float. 

At the same time, the company announced an investment of $5 million into an outside special purpose vehicle (SPV) to provide exposure to SpaceX and xAI, tying Jet.AI’s story to future events or re‑valuations in …

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Accenture PLC (NYSE:ACN) shares fell in Thursday’s trading.

The company on Thursday announced an investment in AI-powered software platform Replit through Accenture Ventures, alongside a strategic partnership to expand AI-driven development for enterprises.

The collaboration aims to help organizations build applications faster using AI-native tools, including natural language prompts and agentic AI. Accenture and Replit will work together to identify scalable enterprise use cases and new development workflows.

Replit’s platform integrates coding, AI assistance, collaboration, and hosting in a single workspace, enabling rapid prototyping and deployment.

Based on Accenture’s second-quarter fiscal 2026 earnings report, as of February 28, 2026, the company had a total cash balance—comprising cash and cash equivalents—of $9.4 billion.

Terms of the investment were not disclosed.

Technical Analysis

The stock is currently trading 2.5% below its 20-day simple moving average (SMA) and 10.4% below its 50-day SMA, suggesting a bearish short-term trend. The stock is also 20.1% below its 100-day SMA and 22.9% below its 200-day SMA, indicating a continued struggle in the intermediate to long-term outlook.

The relative strength index (RSI) is at 38.53, which is considered neutral …

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Beasley Broadcast Group Inc (NASDAQ:BBGI) shares are trading lower on Thursday morning. The move comes as investors engage in profit-taking following Wednesday’s massive rally.

The radio station operator’s stock price surged over 80% during the previous session.

Earnings Spark Volatility

The recent volatility followed the company’s fourth-quarter and full-year 2025 earnings report.

Naples, Florida-based Beasley Broadcast reported a quarterly loss of $105.40 per share. Compare that with a loss of $1.17 per share in the same period last year, and it’s clear that losses widened significantly. Sales for the quarter totaled $53.050 million, down 21.16% …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Morgan Stanley raised the price target for Alcoa Corp (NYSE:AA) from $64 to $80. Morgan Stanley analyst Carlos De Alba upgraded the stock from Equal-Weight to Overweight. Alcoa shares closed at $71.76 on Wednesday. See how other analysts view this stock.
  • BTIG increased SuRo Capital Corp (NASDAQ:SSSS) price target from $12.5 to $15. BTIG analyst Marvin Fong maintained a Buy rating. SuRo Capital shares closed at $12.17 on Wednesday. See how other analysts view this stock.
  • Stifel raised price target for Texas Instruments Inc (NASDAQ:TXN) from $215 to $250. Stifel analyst Tore Svanberg upgraded the stock from Hold to Buy. Texas Instruments shares closed at $208.90 on Wednesday. See how other analysts view this stock.
  • BMO Capital raised the price target for Healthequity Inc

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Morgan Stanley analyst Carlos De Alba initiated coverage on NovaGold Resources Inc (AMEX:NG) with an Overweight rating and announced a price target of $13.8. Novagold Resources shares closed at $9.26 on Wednesday. See how other analysts view this stock.
  • Clear Street analyst Tim Moore initiated coverage on REalloys Inc (NASDAQ:ALOY) with a Buy rating and announced a …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • HC Wainwright & Co. analyst Raghuram Selvaraju downgraded Assertio Holdings Inc (NASDAQ:ASRT) from Buy to Neutral and cut the price target from $35 to $18. Assertio shares closed at $18.41 on Wednesday. See how other analysts view this stock.
  • BTIG analyst Gray Powell downgraded Zscaler, Inc. (NASDAQ:ZS) from Buy to Neutral. Zscaler shares closed at …

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Wells Fargo & Company (NYSE:WFC) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the San Francisco, California-based company to report quarterly earnings of $1.58 per share, up from $1.39 per share in the year-ago period. The consensus estimate for Wells Fargo’s quarterly revenue is $21.77 billion (it reported $20.15 billion last year), according to Benzinga Pro.

On Feb. 23, Wells Fargo announced that Dennis Devine has been named the company’s new head of Business Banking.

Wells Fargo shares gained 3.6% to close at $84.66 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated …

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Oil industry leaders have reportedly expressed their disapproval to the Trump administration regarding Iran’s proposal to levy tolls on the strategic Strait of Hormuz.

Executives from various oil companies have reached out to Secretary of State Marco Rubio and Vice President J.D. Vance to voice their concerns. A meeting was held with senior administration staff in the State Department on Wednesday to discuss the matter, reported POLITICO.

The industry leaders worry that the proposed tolls could add about $2.5 million per shipment through higher insurance and fees, costs likely to be passed on to consumers. They also fear it may set a precedent for countries like Singapore and Turkey to impose similar charges on key routes such as the Strait of Malacca and the Bosporus.

Furthermore, the executives worry that paying the toll could potentially put companies at risk of violating sanctions on Iranian officials. Despite these concerns, White House Press Secretary Karoline Leavitt stated that the administration is working with a “more reasonable” set of Iranian proposals, without specifying the changes in the plan. …

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OpenAI has reportedly projected a dramatic increase in its advertising revenue, expecting to hit $2.5 billion this year and a staggering $100 billion by 2030.

The ambitious revenue forecasts of the Sam Altman-led company were presented to investors, Axios reported on Thursday. OpenAI’s ad pilot earned $100 million annual recurring revenue in under two months, with strong growth projected, and it told investors that it anticipates its 2026 ad revenue of $2.5 billion to rise to $11 billion in 2027, $25 billion in 2028, and $53 billion by 2029.

These estimates are based on the assumption that OpenAI’s products will reach 2.75 billion weekly users by 2030, capturing a significant portion of the global ad market currently dominated by tech giants like Google (NASDAQ:GOOGL) (NASDAQ:GOOG), Meta Platforms

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Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) shares retreated Thursday as a landmark acquisition in India met a cooling global appetite for risk.

The Tokyo-based lender saw its shares fall 1.47% on the Tokyo Stock Exchange to close at 2,842 Japanese Yen, while U.S. premarket levels signaled deeper selling.

Historic Investment in Shriram Finance

MUFG Bank said Wednesday it completed an investment in India-based Shriram Finance Limited. The bank subscribed to 471,121,055 equity shares at 840.93 Indian rupees per share.

The total deal amounts to approximately 396.18 billion Indian …

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Johnson & Johnson (NYSE:JNJ) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the New Brunswick, New Jersey-based company to report quarterly earnings of $2.67 per share, down from $2.77 per share in the year-ago period. The consensus estimate for Johnson & Johnson’s quarterly revenue is $23.6 billion (it reported $21.89 billion last year), according to Benzinga Pro.

On March 12, Johnson & Johnson announced the FDA approval of TECNIS PureSee Intraocular Lens intended for use in cataract surgery.

Johnson & Johnson shares gained 1.2% to close at $241.30 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate

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JPMorgan Chase & Co. (NYSE:JPM) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the company to report quarterly earnings of $5.48 per share. That’s up from $5.07 per share in the year-ago period. The consensus estimate for JPMorgan’s quarterly revenue is $48.80 billion (it reported $45.31 billion last year), according to Benzinga Pro.

With the recent buzz around JPMorgan, some investors may be eyeing potential gains from the company’s dividends too. As of now, JPMorgan has an annual dividend yield of 1.95%, which is a quarterly dividend amount of $1.50 per share ($6.00 a year).

To figure out how to earn $500 monthly from JPMorgan, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it by JPMorgan’s …

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As of April 9, 2026, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

Pure Cycle Corp (NASDAQ:PCYO)

  • On April 8, Pure Cycle posted an increase in earnings and sales for the second quarter. “While our unseasonably warm and dry winter in Denver may have impacted the ski season, it …

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GoodRx Holdings, Inc. (NASDAQ:GDRX) shares are gaining during Thursday’s premarket session.

The company revealed that it is expanding access to Eli Lilly and Company’s (NYSE:LLY) new oral GLP-1 medication, Foundayo.

GoodRx announced that eligible self-pay consumers can access Foundayo starting at $149 per month.

The company is also expanding access to Zepbound, available to eligible self-pay patients starting at $299 per …

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.

National CineMedia, Inc. (NASDAQ:NCMI)

  • Dividend Yield: 3.64%
  • Barrington Research analyst Patrick Sholl maintained an Outperform rating and cut the price target from $6.5 to $5.5 on Jan. 26, 2026. This analyst has an accuracy rate of 59%
  • B. Riley Securities analyst Drew Crum maintained a Neutral rating and slashed the price target from $5 to $4 on Jan. 22, 2026. This analyst has an accuracy rate of 69%.
  • Recent News: On Feb. 26, National CineMedia posted …

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TORONTO, April 9, 2026 /CNW/ – Building on the tremendous success of last year’s WWF Climb for Nature and Aviso’s inaugural sponsorship, which brought together more than 5,800 people nationwide to raise $1.7 million for wildlife conservation, Aviso is proud to announce the renewal of its partnership with World Wildlife Fund Canada (WWF-Canada) as the national sponsor of the WWF Climb for Nature. This three-year commitment reinforces Aviso’s dedication to environmental conservation and the protection of wildlife habitats across the country.

The 2026 WWF Climb for Nature will challenge participants to step up for wildlife at events across Canada, including at the flagship CN Tower in Toronto on May 2 and 3, BC Place in Vancouver in the fall, and “anywhere” else.

In addition to serving as the national sponsor, Aviso employees will actively participate in the events, demonstrating their dedication to the cause. Teams of employees will support WWF-Canada by climbing, fundraising, and volunteering their time to help operations run smoothly.

Mark Nicholson, Senior Vice President of Client Experience and Marketing at Aviso, will once again lead the company’s climb efforts.

“This renewed commitment as national sponsor for the WWF Climb for Nature means a great deal to Aviso. Supporting WWF-Canada’s conservation efforts is …

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Fundstrat Head of Research Tom Lee believes the stock market has bottomed out and is on track to hit new record highs, maintaining a bold 7,300 target for the S&P 500 even as he warns of a looming macroeconomic “inflation shock.”

The Bottom Is In

Following a tumultuous period marked by geopolitical conflicts and volatile oil prices, Lee sees a clear runway for equities. Speaking to CNBC, he noted that markets demonstrated impressive resilience when headwinds were at their fiercest.

“I think the bottom is in… because last week was a period where the war was getting worse and oil was going up, but stocks weren’t going down,” Lee explained.

“So I think stocks are now on the process to go back to their all-time highs. And I think maybe get to that 7,300 that we were expecting this year.”

Surviving A ‘Rolling Bear Market’

Lee attributes this bullish outlook to the fact that much of the market has already taken its lumps. He highlighted that roughly 70% of the S&P 500 has recently endured a “rolling bear market”—with energy and financials …

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U.S. stock futures were lower this morning, with the Dow futures falling around 0.4% on Thursday.

Shares of Applied Digital Corporation (NASDAQ:APLD) fell sharply in pre-market trading following third-quarter results.

Applied Digital posted third-quarter revenue of $126.6 million, beating analyst estimates of $76.56 million, according to Benzinga Pro. The digital infrastructure provider reported adjusted earnings of nine cents per share for the quarter, beating estimates for a loss of 10 cents per share.

Applied Digital shares dipped 6.1% to $26.11 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

  • The Metals Royalty Company Inc. (NASDAQ:TMCR) fell 11.5% to $12.35 in …

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Shares of Alibaba Group Holding Ltd. (NYSE:BABA) are signaling a significant fundamental discount for investors, with its Benzinga Edge value score climbing from 89.69 to 90.69 week-on-week.

Deep Discount Amid Strategic Pivot

This upward tick solidifies the tech giant’s position in the top 10% of equities for relative worth. The value ranking evaluates a stock’s relative worth by comparing its market price to fundamental measures of the company’s assets, earnings, sales, and operating performance.

This enhanced valuation profile is also the direct mathematical result of a steep 14.96% year-to-date (YTD) drop in share price, creating a potential divergence between the stock’s market cost and its underlying assets just as the company aggressively accelerates its artificial intelligence operations.

Contrasting Technical Trends

Despite the highly attractive value score, Alibaba continues to face severe …

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Natera Inc. (NASDAQ:NTRA) shares rose slightly in premarket trading after a Delaware court awarded the company a 30% ongoing royalty on post-injunction revenues tied to its MRD-related patents.

The April 6, 2026 ruling builds on a prior jury award of a 20.5% royalty on pre-injunction sales, which remains unchanged. The court also upheld patent validity and infringement findings involving ArcherDx and Invitae.

Natera said the decision reinforces the strength of its MRD patent portfolio, part of its broader base of more than 650 issued or pending patents.

Technical Analysis

At $212.00, the stock is trading 7.1% above its 20-day simple moving average (SMA) of $198.02, suggesting a positive short-term trend. However, it is also trading 4.0% below its 100-day SMA of $219.58, indicating some intermediate-term weakness that traders should monitor.

The relative strength index (RSI) currently sits at 56.03, suggesting neutral momentum, while the moving average convergence divergence (MACD) indicates bullish sentiment, with the MACD line at 0.0940 …

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On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named Leidos Holdings, Inc. (NYSE:LDOS) as his final trade.

On the earnings front, Leidos is scheduled to announce its first quarter financial results on May 5. Analysts expect the company to report quarterly earnings at $2.92 per share on revenue of $4.29 billion.

Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, picked The Goldman Sachs Group, Inc. (NYSE:GS) ahead of quarterly earnings on Monday.

Analysts expect the investment bank to report quarterly earnings of $16.22 per share. …

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Applied Digital Corp (NASDAQ:APLD) shares are in focus on Thursday. The company reported third-quarter financial results after the closing bell on Wednesday.

While the company beat the analyst expectations, the stock faced downward pressure in early premarket action.

Nasdaq futures are down 0.26% while S&P 500 futures have shed 0.32%.

Massive Revenue Growth Drives Q3 Beat

Applied Digital posted third-quarter revenue of $126.6 million. This figure easily cleared the $76.56 million estimate. Total revenue surged 139% year-over-year.

The company reported adjusted earnings of nine cents per share. Analysts had expected a loss of 10 cents per share. Growth in the HPC hosting business fueled these gains.

Management …

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Goldman Sachs warned that damage to Qatar’s liquefied natural gas (LNG) infrastructure could push global gas prices 50–100% higher, sparking a potential energy crisis ahead of winter.

Qatar LNG Attack Disrupts Global Supply

The concern centers on QatarEnergy’s Ras Laffan Industrial City, the world’s largest LNG production site, which was knocked offline by attacks. Qatar supplies roughly one-fifth of the global LNG market.

“There is a risk that this just drags so much that it makes the process very painful,” said Samantha Dart, co-head of global commodities research at Goldman Sachs, on the bank’s “Exchanges” podcast.

Dart emphasized the severity of the damage, “It doesn’t take three years to fix anything. What they are really saying is these two liquefaction trains were so damaged that we need to start over. We need to rebuild them from …

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 Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM) did not predict when America’s $39 trillion debt issue might reach its peak, but stressed that the country’s fiscal trajectory cannot be ignored indefinitely. 

Speaking at the  NPR’s Newsmakers podcast on Wednesday, Dimon warned that the debt issue could lead to volatile markets, increased rates, and a reluctance to buy U.S. Treasuries. The billionaire banker called for the problem to be addressed sooner rather than later, to avoid crisis management.

“The best way to deal with the problem is to actually deal with the problem—to acknowledge it, to work on it,” he said.

Dimon urged the problem to be recognized and addressed, citing the Obama-era Simpson-Bowles Commission’s solution, which was never implemented. ” I wish it had gotten done. It would have …

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The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

TaskUs, Inc (NASDAQ:TASK)

  • On March 23, Wedbush maintained TaskUs with an Outperform rating and lowered the price target from $15 to $14. The company’s stock fell around 70% over the past month and has a 52-week low of $6.20.
  • RSI …

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CarMax, Inc. (NYSE:KMX) will release earnings for its fourth quarter before the opening bell on Tuesday, April 14.

Analysts expect the Richmond, Virginia-based company to report quarterly earnings of 23 cents per share. That’s down from 58 cents per share in the year-ago period. The consensus estimate for CarMax’s quarterly revenue is $5.69 billion (it reported $6 billion last year), according to Benzinga Pro.

On Feb. 12, the company announced the appointment of Keith Barr as its president and CEO.

Shares of CarMax rose 2.2% to close at $44.24 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company …

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The Dow Jones Industrial Average posted its strongest daily performance in a year on Wednesday, surging more than 1,300 points, or 2.8%, as easing geopolitical tensions sparked a broad-based rally across equities.

The move rekindled investor appetite for sectors most sensitive to lower oil prices, including technology, industrials, construction, and consumer discretionary.

SPDR Dow Jones Industrial Average ETF (NYSE:DIA), which tracks the Dow Jones Index, mirrored the rally. With $43 billion in assets under management, the fund trades an average of more than 7 million shares daily and has an expense ratio of 0.16%

While most of the stocks in the fund’s portfolio have gained sharply, the following five led the gains.

Stocks Performance % of Assets in DIA Portfolio
Sherwin-Williams 6.91% 4.25%
Caterpillar 6.51% 9.39%
Home Depot 5.46% 4.36%
Goldman Sachs 4.81% 11.21%
Walmart 3.89% 1.62%

Sherwin-Williams Co.

Falling input costs, especially oil-linked chemicals, will benefit the paint and coatings giant. The Sherwin-Williams Co. (NYSE:SHW) has seen a negative target price revision in recent weeks. An analyst at Citigroup Inc. (NYSE:C) slashed the target price on SHW to $385 from $410, citing higher oil prices …

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A year after President Donald Trump proclaimed a “golden age” of growth after introducing ‘Liberation Day’ tariffs, a new Cato Institute study reveals that his sweeping duties have delivered higher consumer prices and bureaucratic chaos rather than the promised “economic independence.”

A Stalled ‘Golden Age’

When President Trump unveiled his global “reciprocal” tariffs twelve months ago, he championed a rebirth of American industry. However, the data paints a starkly different reality.

According to the Cato Institute, the promised manufacturing boom never arrived. Instead, manufacturing employment continued to struggle and overall economic growth slowed, despite strong tailwinds from the booming artificial intelligence sector.

Rather than lowering costs, the duties undeniably inflated prices. Economic research shows that up to 96% of the higher costs from the tariffs were passed directly onto American consumers, keeping prices elevated across major U.S. retailers.

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The second quarter of the year started with arguably the most volatile macro situation since 2020. Brent crude has surged to $141 per barrel, with supply disruptions in the Middle East threatening to prolong the shocks. Inflation risks are reaccelerating, growth expectations are softening, and recession probabilities are climbing.

Yet AI-linked equities are rallying sharply. Alphabet Inc. (NASDAQ:GOOG) rose 8.54%, according to Benzinga Pro, while Broadcom Inc. (NASDAQ:AVGO) gained around 12%. Automated systems leader Teradyne, Inc. (NASDAQ:TER) surged 28.8% on an upgrade to Outperform from Baird.

Memory stocks also did well. SanDisk Corporation (NASDAQ:SNDK) is up 20% month to date. Micron Technology, Inc. (NASDAQ:MU) is up around 16.5%, while Western Digital Corporation (NASDAQ:WDC) climbed approximately 20.7%.

Communication component manufacturer Lumentum Holdings Inc. (NASDAQ:LITE) is …

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American Eagle Outfitters Inc. (NYSE:AEO) shares experienced notable volatility as the stock’s momentum score surged from 4.62 to 24.69 on a week-over-week basis.

AEO Insider Stock Sale

On Monday, AEO director Noel Joseph Spiegel sold 2,887 shares of American Eagle stock at an average price of $17.32, totaling roughly $50,003.

Earlier, on January 21, he sold 1,896 shares at $25.66 per share, worth about $48,651. These transactions highlight ongoing insider activity in the company’s stock.

The company’s momentum score has risen sharply, jumping from 4.62 to 24.69, reflecting improved market sentiment and positive movement in stock-related metrics.

The Benzinga Edge Stock Rankings now provide a full breakdown of AEO’s price structure. According to the latest data, AEO’s short- and medium-term trends have turned negative, while its long-term trend remains positive.

AEO Struggles With Mall Traffic And Tariffs

AEO, …

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Eli Lilly and Company (NYSE:LLY) is facing growing pressure from India’s fast-expanding generics market. Lower-cost versions of its blockbuster drugs are weighing on the company’s sales, with the most significant impact seen in its diabetes and weight-loss drug Mounjaro.

Mounjaro Losing Its Exclusivity

Mounjaro, which was previously a top-selling drug, is now facing headwinds as competitors enter the market, according to a report by Bloomberg. Its sales dropped to $12.3 million in March from $14.6 million a month earlier, per Pharmarack data.

The decline came amid the launch of multiple cheaper alternatives that mimic the effects of Lilly’s therapies. This has eroded Lilly’s market share among cost-conscious patients and intensified …

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Market commentator The Kobeissi Letter has flagged a divergence in equity markets, noting that stocks heavily favored by U.S. billionaires are underperforming the broader S&P 500 — a trend it says has historically preceded stronger market performance.

Billionaire-Favored Stocks Lag Broader Market

In a post on X on Wednesday, The Kobeissi Letter cited the ratio of the Bloomberg U.S. Billionaires Investment Index to the S&P 500, which has fallen to 0.41, the lowest since April 2025. The index tracks the top 50 U.S.-listed stocks held by American billionaires.

The commentator noted the ratio has declined …

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Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has touted that his tunneling startup, The Boring Company, can build a tunnel from Los Angeles to San Francisco that can exceed high-speed rail.

Technological Marvel

On Wednesday, Musk took to the social media platform X to express his criticism of Governor Gavin Newsom‘s (D-CA) High Speed Rail project from Los Angeles to San Francisco.

“The @BoringCompany could build a Hyperloop tunnel from downtown SF to downtown LA for 5% of this [$120 billion] cost,” Musk said, quoting a post that claimed the same money could be used to fund free flights between the cities for 200 years.

He added that the Hyperloop tunnel dug by The Boring Co. would “be a technological marvel exceeding any high speed rail on Earth.”

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The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Fear” zone on Wednesday.

U.S. stocks settled higher on Wednesday, with the Dow Jones index jumping more than 1,300 points during the session as a temporary ceasefire between the U.S. and Iran triggered the biggest single-day oil price collapse in years, easing concerns about energy-driven inflation and sparking a sweeping relief rally from airlines to semiconductors.

In earnings, shares of Aehr Test Systems (NASDAQ:AEHR) jumped more than 25% on Wednesday following third-quarter results. Shares of Delta Air Lines Inc (NYSE:DAL) gained around 4% after the company reported upbeat sales results for the first quarter.

On the …

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The Walt Disney Co. (NYSE:DIS) is reportedly set to lay off up to 1,000 employees in the coming weeks under new CEO Josh D’Amaro.

Disney is gearing up for substantial layoffs, primarily within its recently consolidated marketing department. These plans were reportedly in the pipeline before D’Amaro’s appointment, reported the Wall Street Journal on Wednesday.

The entertainment behemoth is also merging the staff of its Disney+ and Hulu streaming services into a single app. As part of its cost-cutting strategy, Disney has been consulting with Bain & Co.

Since assuming leadership last month, D’Amaro has not detailed specific plans for restructuring Disney. However, sources told the publication that fostering quicker and more efficient collaboration across different divisions is one of his priorities.

The Walt Disney Co. did not immediately respond to Benzinga‘s request for comments.

Past Layoffs At Disney

This move comes on the heels of previous reports indicating layoffs at Disney. In June, the media giant was …

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The S&P 500 surged on Wednesday, rising 2.51% to close at 6,782.81, as markets rallied sharply following President Donald Trump‘s decision to pause attacks on Iran.

However, the Polygon-based (CRYPTO: POL) Polymarket crowd has turned bearish heading into Thursday. The April 9 market shows a majority of traders betting “Down,” and only 11% “Up,” following $144,916 in traded volume on the April 8 outcome, where sentiment stayed firmly tilted toward gains.

Why That Number Matters

Markets are now balancing optimism around a ceasefire with lingering geopolitical risks. The rally was driven by Trump’s decision to suspend military action …

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President Donald Trump warned of renewed military action against Iran, saying U.S. forces will remain deployed “in and around” the region if a ceasefire agreement is not fully complied with.

Late on Wednesday, Trump stated in his Truth Social post that “the ‘Shootin’ Starts'” if terms are breached, reiterating a hardline stance on preventing nuclear weapons and ensuring the Strait of Hormuz remains open.

“If for any reason it is not, which is highly unlikely, then the “Shootin’ Starts,” bigger, and better, and stronger than anyone has ever seen before. It was agreed, a long time ago, and despite all of the fake rhetoric to the contrary – NO NUCLEAR WEAPONS and, the Strait of Hormuz WILL BE OPEN & SAFE,” he wrote in his post.

Ceasefire Under Strain

The warning comes as a fragile two-week U.S.-Iran ceasefire, announced on Tuesday and met with mixed reactions domestically and abroad, faces pressure from Israeli airstrikes in Lebanon on Wednesday.

According to the Lebanese Civil Defense, strikes across the country have killed at least 254 people and injured 1,165 others.

Israel’s escalation of the conflict in the Middle East follows the posting by Israel’s Prime Minister’s Office on X, which backed the truce but said Lebanon remains outside the agreement.

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In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing NVIDIA (NASDAQ:NVDA) alongside its primary competitors in the Semiconductors & Semiconductor Equipment industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim to offer valuable insights to investors and shed light on company’s performance within the industry.

NVIDIA Background

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
NVIDIA Corp 37.16 28.13 20.67 31.11% $51.28 $51.09 73.21%
Broadcom Inc 68.35 20.78 24.99 9.12% $11.15 $13.16 29.47%
Micron Technology Inc 19.19 6.33 7.93 21.0% $18.48 $17.75 196.29%
Advanced Micro Devices Inc 88.82 6 10.95 2.44% $2.86 $5.58 34.11%
Texas Instruments Inc 38.33 11.69 10.79 7.03% $2.07 $2.47 10.38%
Analog Devices Inc 63.29 5 14.58 2.46% $1.52 $2.04 30.42%
Qualcomm Inc 25.71 5.90 3.11 13.57% $4.11 $6.68 5.0%
Marvell Technology Inc 37.28 6.99 12.15 2.79% $0.75 $1.15 22.08%
Monolithic Power Systems Inc 102.09 18.26 22.73 4.95% $0.21 $0.41 20.83%
NXP Semiconductors NV 25.69 5.13 4.23 4.53% $0.98 $1.81 7.2%
ON Semiconductor Corp 235.79 3.51 4.70 2.33% $0.45 $0.55 -11.17%
GLOBALFOUNDRIES Inc 30.06 2.20 3.93 1.68% $0.73 $0.51 0.0%
Tower Semiconductor Ltd 104.99 7.87 14.77 2.78% $0.13 $0.09 11.26%
First Solar Inc 14.13 2.26 4.14 5.62% $0.7 $0.67 11.15%
Astera Labs Inc 102.84 15.66 26.42 3.41% $0.07 $0.2 91.77%
Credo Technology Group Holding Ltd 60.55 10.99 19.16 10.03% $0.16 $0.28 201.49%
MACOM Technology Solutions Holdings Inc 111.76 13.69 18.14 3.64% $0.07 $0.15 24.52%
Lattice Semiconductor Corp 5328 20.43 28.15 -1.08% $0.01 $0.1 24.16%
Rambus Inc 48.12 8.05 15.67 4.81% $0.09 $0.15 18.09%
Average 361.39 9.49 13.7 5.62% $2.47 $2.99 40.39%

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In today’s rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Tesla (NASDAQ:TSLA) against its key competitors in the Automobiles industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company’s performance within the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Tesla Inc 317.82 15.68 12.77 1.04% $2.91 $5.01 -3.14%
General Motors Co 23.47 1.14 0.40 -5.22% $0.42 $-1.12 -5.06%
Ferrari NV 33.97 13.75 7.60 9.89% $0.69 $0.93 3.79%
Thor Industries Inc 14.04 0.96 0.42 0.41% $0.1 $0.25 5.34%
Winnebago Industries Inc 21.90 0.74 0.31 0.39% $0.03 $0.09 6.0%
Average 23.34 4.15 2.18 1.37% $0.31 $0.04 2.52%

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In today’s rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Apple (NASDAQ:AAPL) alongside its primary competitors in the Technology Hardware, Storage & Peripherals industry. By meticulously examining crucial financial indicators, market positioning, and growth potential, we aim to provide valuable insights to investors and shed light on company’s performance within the industry.

Apple Background

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple’s iPhone makes up a majority of the firm sales, and Apple’s other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple’s sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Apple Inc 32.77 43.10 8.87 52.0% $54.07 $69.23 15.65%
Western Digital Corp 32.02 16.15 11.66 27.66% $2.11 $1.38 25.24%
Seagate Technology Holdings PLC 56.08 242.23 10.95 299.49% $0.85 $1.18 21.51%
Everpure Inc 113.18 14.23 5.83 7.04% $0.15 $0.74 20.35%
NetApp Inc 16.69 16.95 3.01 31.16% $0.51 $1.21 4.39%
Super Micro Computer Inc 17.06 2.01 0.54 5.93% $0.55 $0.8 123.36%
Logitech International SA 19.87 5.95 2.97 11.36% $0.31 $0.61 6.06%
Diebold Nixdorf Inc 31.42 2.53 0.78 4.49% $0.11 $0.28 11.66%
Turtle Beach Corp 13.48 1.58 0.66 14.73% $0.02 $0.05 -18.69%
Average 37.48 37.7 4.55 50.23% $0.58 $0.78 24.23%

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XPeng Inc. (NYSE:XPEV) CEO He Xiaopeng has widened his push to showcase the company’s autonomous-driving technology, inviting hundreds of international media outlets and influencers to China to test its VLA 2.0 intelligent driving system as the automaker seeks to build global credibility for its next-generation software.

XPENG Expands Global Test Drive Push

In a post on X on Wednesday, He wrote, “Can’t wait to welcome more international media to take on the VLA 2.0 challenge,” while reposting a clip of Toby Clarke from ev.com testing the system and praising the experience.

The challenge He referenced is XPENG’s VLA 2.0 Gold Challenge, which the company has framed as an outgrowth of internal testing built around extreme driving scenarios selected by its community.

XPENG has been using those scenarios to judge whether the system …

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Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk urged customers wanting to get their hands on the outgoing Model S and Model X vehicles to place their orders, citing limited inventory.

Inventory Nearly Over

Musk, in a post on the social media platform X on Wednesday, shared that there were only a “few hundred Tesla Model S & X cars left in inventory.” Musk also urged people to order them now before the inventory runs out. On the official Tesla website, you can see that there are fewer than 5 Model S units available near Austin, Texas, while a single Model X vehicle remains in the same area.

JerryRigEverything Weighs In

Quoting Musk’s post on X, YouTuber Zack Nelson, aka JerryRigEverything, shared a sarcastic jibe at Musk. “Tesla going out of business sale,” he said.

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Meta Platforms Inc. (NASDAQ:META) announced the launch of its first major artificial intelligence model on Wednesday, nine months after the high-profile hiring of Scale AI’s Alexandr Wang.

The AI model, called Muse Spark, initially code-named Avocado, is the first in the new Muse series. Meta Superintelligence Labs has rebuilt the AI stack from scratch in the past nine months, marking a faster development cycle than any previous ones.

Muse Spark Powers AI, Shopping, And API

Meta is positioning Muse Spark not as a top-tier model but is highlighting its efficiency and competitive performance across various tasks. The company plans to open-source future versions of the model, a shift from its current proprietary stance.

“Muse Spark offers competitive performance in multimodal perception, reasoning, health, and agentic tasks,” Meta said.

The Mark Zuckerberg-led company is aiming to create a new revenue stream by providing third-party developers with access to Muse Spark’s core technology through an API. This model currently powers the company’s digital assistant on both the standalone Meta AI app and its desktop website.

Muse Spark will include a Shopping mode that helps users buy clothes …

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The Federal Reserve is increasingly worried about the fragility of the U.S. labor market, signaling a potential shift in the focus of monetary policy as risks to employment begin to rival lingering inflation concerns.

A Vulnerable Labor Market

“The minutes suggest that the FOMC is somewhat more sensitive to labor market vulnerabilities than to inflation risk,” noted prominent economist Mohamed El-Erian following the release of the minutes from the March 17-18 meeting.

While the central bank voted almost unanimously to maintain the benchmark interest rate at 3.5 to 3.75%, officials explicitly noted that “job gains had remained low” and the unemployment rate was little changed.

Many meeting participants warned that the labor market “appeared vulnerable to adverse shocks” given the current low-hiring environment.

They explicitly cautioned that a further drop in labor demand could push the unemployment rate sharply higher, highlighting the deep structural concerns among central bankers.

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Global central banks added 19 tonnes of gold to their reserves in February, marking an unbroken 23-month streak of net purchases as nations aggressively diversify their global holdings.

Poland Leads The Charge

The latest February data pushes year-to-date net gold purchases to a robust 25 tonnes, underscoring what analysts view as a monumental shift in reserve management.

The National Bank of Poland dominated the month’s activity, acquiring a staggering 20 tonnes. This purchase brings Poland’s total gold reserves to 570 tonnes, comprising roughly 31% of its total foreign exchange holdings.

Other notable buyers included the Central Bank of Uzbekistan, which added 8 tonnes, and China, which purchased 1 tonne. While smaller in volume, China’s acquisition marks its 16th consecutive monthly purchase, pushing its massive stockpile to 2,308 tonnes.

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Citigroup Inc. (NYSE:C) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the New York-based company to report quarterly earnings of $2.61 per share. That’s up from $1.96 per share in the year-ago period. The consensus estimate for Citigroup’s quarterly revenue is $23.44 billion (it reported $21.6 billion last year), according to Benzinga Pro.

On April 2, Citigroup declared a quarterly dividend of 60 cents per share.

Shares of Citigroup rose 5.4% to close at $123.49 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the …

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With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects BlackBerry Ltd. (NYSE:BB) to report quarterly earnings at 4 cents per share on revenue of $144.37 million before the opening bell, according to data from Benzinga Pro. BlackBerry shares gained 2% to $3.60 in after-hours trading.
  • Constellation Brands Inc. (NYSE:STZ) posted better-than-expected earnings for the fourth quarter, after the closing bell on Wednesday. The company also said it expects fiscal 2027 adjusted EPS of …

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Investor Ross Gerber of Gerber Kawasaki said on Wednesday that Tesla Inc. (NASDAQ:TSLA) should initiate refunds for customers if the latest version of its Full Self-Driving (FSD) system does not work as intended.

$10K Refunds

In a post on the social media platform X, Gerber weighed in on Tesla’s FSD v14.3 update. “If tesla FSD 14.3 doesn’t work unsupervised… we should all get our $10k back… we’ve waited long enough,” the investor said in the post. The $10,000 Gerber is referring to is the one-time payment Tesla charged for its FSD package from 2020 to 2022.

Waymo Has Solved Autonomy

In another post, the investor hailed Alphabet Inc.-backed

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Ark Invest, led by Cathie Wood, executed a significant trade on Thursday by purchasing shares of Tesla Inc. (NASDAQ:TSLA). This move comes amid mixed analyst opinions and market volatility surrounding the electric vehicle giant.

The Tesla Trade

ARK Innovation ETF (BATS:ARKK) acquired 33,210 shares of the Elon Musk-led company. The purchase was made amid recent bearish sentiment among analysts, including JPMorgan’s Ryan Brinkman, who highlighted concerns about Tesla’s growing inventory levels. Brinkman pointed out that Tesla had a record 50,363 unsold vehicles at the end of the first quarter, which could potentially lead to a significant drop in stock value. He reiterated an Underweight …

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U.S. stock markets experienced a significant surge on Wednesday, following a mixed close the previous day. The futures of major benchmark indices climbed as President Donald Trump declared a two-week ceasefire on Iran strikes.

The Dow Jones Industrial Average surged 2.85% to 47,909.92, while the S&P 500 climbed 2.5% to 6,782.81 and the Nasdaq advanced 2.8% to 22,634.99.

These are the top stocks that gained the attention of retail traders and investors through the day.

Ford Motor Company (NYSE:F)

Ford’s stock rose by 5.73%, closing at $12.18. The stock reached an intraday high of $12.24 and a low of $11.96, with a 52-week range between $14.80 and $8.44. 

Ford’s CEO Jim Farley recently acknowledged the challenges of the electric vehicle transition, citing a $4.8 billion annual loss. The company has canceled several battery-electric models due to insufficient demand.

Applied Digital Corporation (NASDAQ:APLD)

Applied Digital’s stock surged 10.37%, closing at $27.79. The stock’s intraday high was $29.39, with a low of $27.35, and its 52-week range is $42.25 to $3.31. …

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UBS Group (NYSE:UBS) is consolidating its holdings across eight private credit funds into a debt offering, backed by an insurance guarantee against default.

Through its money management division, Unified Global Alternatives, UBS plans to issue $500 million in securities, of which $375 million will be protected by the unnamed insurer to mitigate default risk. 

This structure secured an A2 rating from Moody’s Ratings, Bloomberg reported. Conversations are still ongoing and details could change, unnamed sources told the publication.

Unlocking Cash From Hard-To-Sell Investments

The trend of securitization reflects broader market shifts, as private equity firms grapple with slower exits …

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Moody’s Ratings has revised Blue Owl Capital’s (NYSE:OWL) flagship private credit fund rating to negative, a sign of continued strain on the private credit space.

The firm cut Blue Owl Credit Income Corp’s (OCIC) rating to negative from stable in response to “significantly higher-than-peer redemption requests in the first quarter,” Moody’s stated.

Last week, it was reported that Blue Owl Capital capped redemptions in both its funds at 5% after investors requested withdrawals of 22% and 41% in its private credit and technology-focused funds, respectively.

The firm attributed the above-average number of requests to “heightened market concerns around AI-related disruption to software companies.”

“We continue to observe a meaningful disconnect between the public dialogue on private credit and the underlying trends in our portfolio,” Blue Owl wrote in a letter to shareholders and reported by CNBC.

 Moody’s noted that while Blue Owl kept net outflows contained during the first quarter, they expect to see “elevated redemptions to persist in the …

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CrowdStrike (NASDAQ:CRWD) and Palo Alto Networks (NASDAQ:PANW) surged after Anthropic named both as launch partners in Project Glasswing, a controlled rollout of its Claude Mythos Preview model, a system the company says can find thousands of vulnerabilities that even elite human researchers would miss.

CRWD posted its best single-day performance in over six months, gaining 6.2%, while PANW climbed nearly 5%.

Why Anthropic Is Sitting On It

The move marks a sharp reversal from late March, when cybersecurity stocks slid after Fortune first reported on Mythos — CRWD dropped 7% and PANW declined 6% in a single session. Tuesday’s announcement reframed the threat as an opportunity.

Mythos Preview is described as extremely autonomous, with reasoning capabilities that match those of an advanced security researcher.

In testing, it found bugs in every major operating system and web browser, including some believed to be …

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Vice President JD Vance isn’t selling peace. Speaking in Budapest Wednesday, Vance called the U.S.-Iran agreement “a fragile truce,” warning that some Iranian officials are “lying about even the fragile truce that we’ve already struck.”

“The president of the United States is not one to mess around,” Vance added. “He’s impatient. He’s impatient to make progress.”

Trump’s ceasefire announcement had hammered the sector before Vance spoke. Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) fell more than 6% as West Texas Intermediate crude tumbled more than 17% …

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Richtech Robotics Inc. (NASDAQ:RR) on Wednesday announced a distribution agreement with Netherlands-based NewConsultancy B.V. to expand into Europe, following momentum from ProWein 2025.

Details

Under the deal, NewConsultancy will distribute Richtech’s AI-driven service robots across the Netherlands and the broader EU/Schengen region, providing local deployment, service, and support.

CEO Wayne Haung said the partnership marks “a pivotal moment” in the company’s global growth and supports expansion of its Robotics-as-a-Service model.

The move targets rising demand for automation in hospitality and logistics, where businesses face labor shortages and higher costs.

The broader market is experiencing gains, with the S&P 500 up …

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Bloom Energy Corp. (NYSE:BE) shares are trading sharply higher Wednesday. The move comes amid a massive global market relief rally. Investors are pivoting back to clean energy names as geopolitical tensions ease.

The Nasdaq is up 2.92%, while the S&P 500 has gained 2.36% on Wednesday.

Ceasefire Ignites Rate Cut Hopes

The primary catalyst stems from a ceasefire in the Iran war. This development sent WTI crude crashing 18% to $92. Lower energy prices have boosted CME FedWatch odds for a rate cut by year-end. Clean energy projects depend on cheap financing. Falling yields make these long-duration capital projects …

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Elon Musk once swore SpaceX would stay private until humans reached Mars. Now he wants $2 trillion and a June listing.

SpaceX filed confidentially with the SEC on April 1, targeting a late-May prospectus and early June roadshow at a reported $1.75 trillion valuation, roughly five times what SpaceX was worth just nine months ago.

The AI Pivot Driving The Numbers

The valuation jump owes less to rockets than to Musk’s February merger of SpaceX with his AI company xAI, owner of the Grok chatbot. The stated rationale for the xAI merger is building AI data centers in space, though specifics remain vague.

xAI pulled in roughly $100 million in revenue last quarter. OpenAI reported $2 billion a month over the same period.

Starlink currently serves around 10 million subscribers. T-Mobile (NASDAQ:TMUS) has roughly 14 times as many at a …

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Kratos Defense & Security Solutions (NASDAQ:KTOS) shares are up on Wednesday following the announcement of a significant contract award.

Details

The company has secured a U.S. Space Force contract with a potential value of $446.8 million to support the Resilient Missile Warning and Tracking program.

The company will act as prime contractor for ground management and integration, building a scalable, secure architecture to operate missile-tracking satellites in Medium Earth Orbit.

Kratos will lead a team including Northrop Grumman Corp. (NYSE:NOC) and others to integrate legacy and next-generation systems into a unified global network. The system is designed to detect and track advanced threats such as hypersonic glide vehicles and maneuvering ballistic missiles.

The award underscores Kratos’ growing role in U.S. space and missile defense infrastructure.

The broader market is experiencing gains, with the S&P 500 up 2.47% and the Technology sector rising 3.37%. Kratos’s stock performance aligns with this positive trend, indicating that the company’s news is contributing to its upward movement.

Technical Analysis

At $74.34, the stock is trading 8.9% below its 20-day simple moving average (SMA) of $80.80, suggesting a short-term bearish trend. …

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U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 600 points on Wednesday.

The Dow traded up 2.59% to 47,788.74 while the NASDAQ surged 2.87% to 22,650.38. The S&P 500 also rose, gaining, 2.42% to 6,777.12.

Leading and Lagging Sectors

Industrials shares climbed by 3.7% on Wednesday.

In trading on Wednesday, energy stocks fell by 5%.

Top Headline

U.S. crude inventories gained by 3.1 million barrels to 464.7 million barrels in the week ended April 3, versus market estimates of a 701,000-barrel gain.

Equities Trading UP
           

  • Odyssey Marine Exploration Inc (NASDAQ:OMEX) shares shot up 90% to $1.58. Odyssey Marine Exploration and American Ocean Minerals signed a $1 billion merger agreement.
  • Shares of Aehr Test Systems (NASDAQ:AEHR) got a boost, surging 27% to $63.84 following third-quarter results.
  • U Power Ltd (NASDAQ:UCAR) shares …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Keefe, Bruyette & Woods analyst Aidan Hall upgraded PJT Partners Inc (NYSE:PJT) from Market Perform to Outperform and lowered the price target from $180 to $166. PJT Partners shares closed at $141.65 on Tuesday. See how other analysts view this stock.
  • Keefe, Bruyette & Woods analyst Michael Brown upgraded Perella Weinberg Partners

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Alternative investment manager Chicago Atlantic plans to launch an emerging markets private credit strategy.

The platform will focus on senior secured loans, structured credit, and asset-backed financing solutions and is expected to expand the firm’s private credit capabilities into high-growth markets across Latin America, Asia, Eastern Europe, the Middle East, and Africa, a press release stated.

The strategy will be led by Peter Marber and Jim Garvey. 

Marber previously led the emerging markets business at UBS, HSBC and Loomis Sales, while Garvey previously managed portfolios at Emso Asset Management and held roles at Bank of America Merrill Lynch, Santander, Bancomer, ABN Amro, and Smith Barney, among others.

Scott Gordon, Chicago Atlantic partner, will oversee the business. Gordon previously worked as a founding member of JPMorgan’s Emerging Markets Business. He also held emerging markets-related positions at ING Bank, and the Global Special Situations Group at Bank of America. 

Umesh Mahajan, Bill Healy …

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Reddit, Inc. (NYSE:RDDT) shares traded higher on Wednesday after announcing a strategic data partnership with Nectar Social.

The deal expands Reddit’s reach into enterprise analytics as brands seek deeper consumer insights.

The collaboration grants Nectar access to Reddit’s Data API, unlocking real-time insights across thousands of communities, Benzinga reports. The move highlights Reddit’s growing role in shaping digital discovery and purchasing decisions.

• Reddit stock is surging to new heights today. What’s fueling RDDT momentum?

Partnership Expands Data Access

Nectar Social will integrate Reddit data directly into its platform for enterprise clients. The system aggregates insights from multiple social channels into one unified interface.

Brands can track conversations, identify trends, …

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IREN Ltd (NASDAQ:IREN) shares are climbing during Wednesday’s session. The move comes as global markets react to a significant geopolitical shift.

• IREN stock is surging to new heights today. What’s behind IREN gains?

Geopolitical De-Escalation Boosts Sentiment

Investors are piling into risk assets following news of a two-week ceasefire agreement. The deal involves Iran, the U.S., and Israel. President Donald Trump announced the truce on Tuesday. He described the deal as a “total and complete victory.” This news relieved pressure on global markets and lowered oil prices.

Bitcoin Surges Past Key Levels

The ceasefire news triggered a sharp rally in the crypto market. …

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After eight years of negotiations, the European Union (EU) and Australia have concluded a landmark free trade agreement – one driven partly by concerns about US and Chinese trade policies.

The agreement eliminates over 99% of tariffs on EU exports to Australia. The deal scraps duties on nearly all Australian goods and critical minerals entering the EU. It opens the EU’s high-income market of 450 million consumers.

It is the fourth-largest FTA the EU has ever concluded by tariff savings, behind only the UK, Mercosur, and India. The two sides already trade more than €89.2 billion in goods and services annually, supporting 460,000 jobs across the EU.

US tariff volatility and China’s tightening export controls accelerated negotiations by reinforcing Europe’s need for supply-chain diversification. The EU finalized free trade agreements with Indonesia in September 2025 and India in January 2026. It cemented three major Indo-Pacific agreements in rapid succession.

Source: Eurostat

“The EU and Australia may be geographically far apart, but we couldn’t be closer in terms of how we see the world,” Ursula von der Leyen, President of the European Commission, said. “We are sending a strong signal to the rest of the world that friendship and cooperation are what matter most in times of turbulence.”

Formal negotiations began in June 2018 but stalled in October 2023. At that point, Australian Trade Minister Don Farrell demanded new beef and sheep meat export quotas. The EU negotiators described it as incompatible with their final offer.

They revived the talks again in 2025 in response to the Trump administration’s imposition of tariffs across the globe. Von der Leyen and Australian Prime Minister Anthony Albanese signed the deal in Canberra on March 24.

EU Runs Trade Surplus with Australia

The EU runs a goods trade surplus of €28 billion with Australia, exporting €37 billion in goods in 2025. The bloc imports just €10.7 billion in goods.

In services, the imbalance is equally pronounced. EU firms supplied €31 billion to Australian clients in 2024, against €11 billion flowing the other way.

About 97.6% of EU exports will be duty-free at entry into force. About 2% will have duties removed over a transition period of up to five years. For Australian exporters, 97.8% of goods will enter the EU duty-free once the agreement starts.

EU exports to Australia are expected to grow by as much as 33% over the next decade. They could reach up to €17.7 billion annually,

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Polymarket’s Iran ceasefire market has logged over $170 million in total volume, making it one of the largest geopolitical wagers in prediction market history.

But a dispute over whether a ceasefire actually occurred has left traders locked out of payouts, with no clear resolution timeline.

The Discord That Decides

On Polymarket, resolution works like this: any user can propose an outcome by posting collateral. If another user disputes it, the matter goes to a vote among holders of UMA (CRYPTO: UMA), a governance cryptocurrency.

Traders debate the evidence in a public Discord server.

The sticking point is definitional. Some traders argue the US-Iran agreement qualifies as a “temporary tactical stand-down,” which may not meet Polymarket’s resolution criteria.

Others point to Iranian Foreign Minister Araghchi’s statement that Iran’s forces would cease …

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Hertz Global Holdings Inc (NASDAQ:HTZ) shares are gaining momentum on Wednesday. The rally follows a significant surge in used vehicle valuations.

Manheim Index Hits Multi-Year High

The Manheim Used Vehicle Value Index rose 6.2% last month. This marks the highest level since summer 2023, according to CNBC. The index tracks wholesale auction prices across the U.S.

Tight Inventory Boosts Resale Value

Cox Automotive reports that used vehicle demand remains resilient. Supply fell below 40 days in March. This represents the lowest inventory level seen in 2026. …

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The master franchisee for Domino’s Pizza in China aims to open 350 new stores this year, boosting its footprint by about a quarter

image credit: Bamboo Works

Key Takeaways:

  • DPC Dash’s revenue rose 25% last year, as its profit more than doubled on a rapid expansion that included the net addition of 307 new stores during the year
  • The master franchisee for Domino’s Pizza in China reported a slight same-store sales decrease for the year, though its tier one cities remained positive for that metric

Why settle for 98% of the pie when you can have the whole thing?

That’s what DPC Dash Ltd. (1405.HK), operator of the Domino’s Pizza (DPZ.US) chain in China, may have been thinking when it recently completed a clean sweep of the leader board for the 50 best-performing new Domino’s stores worldwide during their first 30 days. DPC revealed it achieved the milestone in its latest results announcement published on March 25, upping its previous claim to 49 of the 50 top spots midway through last year.

The company has powered its way to the top echelons of China’s pizza market through an aggressive expansion campaign, much of it focused on smaller Chinese cities, with names less familiar to most Westerners like Handan, in Central China’s Hebei province, and Hohhot in the Inner Mongolia region.

Those smaller markets have become some of DPC’s biggest cash cows, captivating local populations that sometimes line up for hours to sample a type of Western food often considered unusual and even exotic. As a result, many of the 50 top performers from DPC’s portfolio are in smaller markets. One of those, its first store in the Northeastern city of Dalian, generated a company record of close to 700,000 yuan, or about $100,000, on its first day of business in last year’s fourth quarter.

“It is a true demonstration of the strong momentum and recognition of the Domino’s Pizza brand and high demand of our products and services from the customers in China, forming a solid foundation of our continued rolling-out of our store footprint,” the company said in its announcement.

Despite taking over the Domino’s global leader board, the news was hardly all rosy for DPC as the company and its peers continued …

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Tilray Brands (NASDAQ:TLRY) shares are up on Wednesday as the Canadian cannabis company launches a new brand aimed at seasoned consumers.

This move comes as the broader market is experiencing gains, with the S&P 500 up 2.3% and the Materials sector gaining 2.1%, reflecting a positive sentiment across the trading day, adding pressure as broader markets edged higher.

The company has expanded its portfolio to include high-potency infused pre-rolls and liquid diamond vapes, targeting consumers who demand intensity and consistency.

The new brand, dubbed “Portal,” features a lineup of high-potency infused products designed for high-tolerance users, with availability across select Canadian retailers. This strategic move is expected to position Tilray as a leader in the evolving cannabis market, especially as consumer preferences shift towards more potent offerings.

The broader market saw gains, with the Technology sector up 3.3% today. Tilray’s stock is moving higher, indicating it is in line with the market’s positive momentum.

Technical Analysis

At $6.80, the stock is trading 2.9% above its 20-day simple moving average (SMA) and 5.6% below its 50-day SMA, suggesting short-term strength but some struggle in the intermediate term. Additionally, the stock is 19.1% below its 100-day SMA, indicating a bearish trend over a longer horizon.

The relative strength index …

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Advanced Biomed Inc (NASDAQ:ADVB) shares traded lower during Wednesday’s premarket session. The move follows a massive rally on Tuesday. Investors appear to be taking profits after the stock surged over 51% yesterday.

All-Stock Acquisition Details

The volatility follows an April 2, announcement. The company entered a Share Purchase Agreement with Acellent Technologies. Advanced Biomed will acquire 100% of the equity interest.

The deal is an all-stock transaction. The Company will issue 270,000 shares of common stock to the seller.

The deal carries an estimated value of $1.08 …

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The most bearish analyst call on Tesla (NASDAQ:TSLA) right now rests on a single uncomfortable data point: a record 50,363 vehicles sitting unsold at the end of Q1.

Analyst Ryan Brinkman from JPMorgan reiterated his Underweight rating and $145 price target on Monday, implying roughly 60% downside from TSLA’s current price of around $350.

The Delivery Miss That Started It

Tesla reported 358,023 Q1 2026 deliveries, 4% below analyst consensus and 7% below JPMorgan’s own 385,000 forecast. Tesla built 50,363 more vehicles than it sold in the quarter, the largest single-quarter inventory buildup in the company’s history.

Brinkman noted that Tesla’s production has grown 80% since Q1 2023, while vehicle sales have declined 15% over the same period. Free cash flow, he argued, may bear the consequences.

The Narrative Problem

The deeper issue, according to Brinkman, is the gap …

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Trump Media & Technology Group Corp (NASDAQ:DJT) shares are surging on Wednesday following President Donald Trump’s announcement of a two-week conditional ceasefire with Iran.

The geopolitical breakthrough triggered a massive relief rally, with the Dow Jones Industrial Average climbing 2.78% by mid-morning. The Nasdaq Composite gained 2.92% while the S&P 500 rose 2.26%.

Ceasefire Details Spark Market Optimism

The rally follows a Truth Social post where Trump agreed to suspend military action. “I agree to suspend the bombing and attack of Iran for a period of two weeks,” Trump stated, citing requests from Pakistani leadership.

The …

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Strategy’s (NASDAQ:MSTR) Stretch preferred stock grew from zero to $5 billion in seven months, faster than Apple’s (NASDAQ:AAPL) iPhone and Google (NASDAQ:GOOGL) Ads, as the product pays an 11.5% yield tax-deferred with 80% retail participation.

The Seven-Month Sprint

Strategy launched Stretch at the end of July 2025. From that point to mid-March 2026, the product grew to $5 billion. 

Apple’s iPhone took about a year to reach $5 billion in cumulative revenue. Google Ads took about four years.

“From a pure product perspective, you could argue that Stretch is the fastest growing product in the history of the world,” said Fong Lee, CEO of Strategy.

Compared to ETFs, the gold ETF launched in the early 2000s took four to five years to reach $5 billion in assets under management. 

Meanwhile, the Ethereum (CRYPTO: ETH) ETF took closer to a year. Only BlackRock’s IBIT (NASDAQ:

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China’s latest move against predatory lenders is crippling legitimate loan facilitators like Yiren and Qfin by imposing a strict interest rate cap

image credit: Bamboo Works

Key Takeaways:

  • Yiren Digital plunged into the red in the fourth quarter of 2025, while Qfin’s profit tumbled, as regulators enforced a 24% ceiling on borrowing costs levied by private lenders
  • All lending platforms must fully disclose every facilitation fee by Aug. 1 — stripping away gray zone fees that once boosted their profits

Beijing has once again reminded investors of the type of sudden new regulation it often doles out without warning, which can quickly change the fortunes of financial companies for the worse.

Last Tuesday, China’s Ministry of Public Security and the National Financial Regulatory Administration (NFRA) signaled the start of a new phase in their war on the financial “black and gray” markets. The official rhetoric targets “predatory” brokers and other underworld financial firms that do things like tricking grandmothers into guaranteeing loans for strangers. But legitimate consumer loan platforms like Yiren Digital Ltd. (NYSE:YRD) and Qfin Holdings Inc. (NASDAQ:QFIN) (3660.HK) are also ending up as collateral damage in the latest dragnet.

At the heart of the matter is a 24% cap on interest rates. While China’s Supreme People’s Court has long held that rates above that level are legally unprotected, the limit was previously just a judicial guideline. But that changed last October, when it became a hard ceiling, above which anything was illegal. Now, under a new enforcement regime declared last week, authorities are shifting from administrative fines to aggressive criminal prosecutions, targeting lenders who exceed the cap as criminals rather than simply regulatory violators.

For years, platforms like Qifu and Yiren Digital operated in a lucrative “gray” zone by charging interest rates that often effectively drifted toward 36% when various fees were included. They could get away with this because borrowers technically volunteered to pay those charges under their contracts. But after the October rule change, regulators have stripped away these extra interest costs disguised as …

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Exxon Mobil Corporation (NYSE:XOM) shares traded lower on Wednesday as geopolitical tensions disrupted operations.

The oil and gas behemoth said in an exchange filing that it expects Middle East disruptions to reduce first-quarter upstream earnings by $300 million to $500 million.

The company also sees a $100 million to $300 million hit to its energy products segment.

Broader Market Backdrop

Oil and gas stocks moved lower after President Donald Trump signaled progress toward a U.S.-Iran agreement, easing fears of prolonged supply disruptions.

The de-escalation outlook pressured oil prices as expectations of improved Middle East supply and reduced geopolitical risk weighed on the sector.

Exxon Mobil outlined multiple factors expected to influence first-quarter 2026 results, including supply interruptions and pricing dynamics.

ExxonMobil said instability in the Middle East affected production volumes and logistics during the quarter.

These disruptions, combined with market factors and seasonal trends, impacted performance.

Middle East Disruptions Pressure Output

ExxonMobil …

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Moolec Science SA (NASDAQ:MLEC) shares are down on Wednesday. On Tuesday, the company announced a significant breakthrough in molecular farming.

Moolec said it successfully demonstrated the stable expression of bovine myoglobin in pea seeds, expanding its molecular farming platform, which could enhance its market position in the alternative protein sector.

Moolec Science has achieved a milestone by producing bovine myoglobin in pea seeds through a 28-month research project with a leading U.S. academic institution.

This breakthrough reinforces the company’s ability to expand its molecular farming capabilities and could unlock new pathways for scalable protein production.

Technical Analysis

At $10.80, the stock is trading 28.1% above its 20-day simple moving average (SMA) and 21.8% above its 50-day SMA, suggesting a bullish short-term trend. However, it is trading 49.7% below its 200-day SMA, indicating a bearish long-term trend that traders should monitor closely.

The relative strength index (RSI) is currently at 58.88, suggesting that the stock is in neutral territory, …

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The oil trade that defined the first quarter of 2026 broke on Wednesday.

The energy sector — as tracked by State Street Energy Select Sector SPDR ETF (NYSE:XLE) — fell 4.7% on Wednesday morning, its worst single-session loss since April 10, 2025.

The SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP) dropped 6.3%, also its worst day in exactly a year.

President Donald Trump announced a conditional two-week ceasefire and Strait of Hormuz reopening late Tuesday, sending WTI crude futures down more than 18% on Wednesday — the sharpest single-session drop since April 2020.

Energy stocks, which had surged 40%–50% since Feb. 28 as the Strait closure drove oil above $112, reversed with the same velocity that built the rally.

The war premium that had built up over six weeks of Strait of Hormuz disruption unwound in hours, and the stocks that had been riding it had nowhere to hide.

XLE And XOP ETF Eye Worst Session Since Tariff Shock

Both XLE and XOP charts tell the same structural story.

Since U.S.-Israeli strikes on Iranian targets began on …

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Delta Air Lines (NYSE:DAL) CEO Ed Bastian had one thing on his mind Wednesday morning.

“The question of not just the day, of the month, is going to be how we navigate this higher fuel environment brought on by the Iranian conflict,” he said, noting jet fuel had more than doubled in 30 days.

Oil was already down 15% before he finished speaking.

The Beat

Delta’s adjusted EPS came in at $0.64 versus the $0.57 expected, with operating income of $652 million and an operating margin of 4.6%.

Premium revenue grew 14%, loyalty climbed 13%, and corporate sales hit a record.

Bastian said demand remains “broad-based” and strong across “all geographies, products and categories.”

The Guidance That’s Already Stale

Delta projects Q2 pretax profit of around $1 billion despite a more than $2 …

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The AI race is running into an unexpected wall—and it’s not chips or capital. It’s water, power, and local resistance. As Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) push to expand data center capacity, investors are starting to question whether the physical footprint of AI is becoming the real constraint.

AI Growth Meets Real-World Limits

According to a Reuters report, multiple hyperscalers have already scrapped or delayed billion-dollar data center projects in the U.S. amid community pushback over water usage, land, and energy demand. Shareholders are now pressing for greater transparency, particularly around water consumption—an issue that’s quickly moving from ESG talking points …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Ascendiant Capital cut the price target for Cingulate Inc (NASDAQ:CING) from $58 to $55. Ascendiant Capital analyst Edward Woo maintained a Buy rating. Cingulate shares closed at $5.94 on Tuesday. See how other analysts view this stock.
  • TD Cowen cut Wingstop Inc (NASDAQ:WING) price target from $285 to $175. TD Cowen analyst Andrew M. Charles maintained a Hold rating. Wingstop shares closed at $166.04 on Tuesday. See how other analysts view this stock.
  • HC Wainwright & Co. slashed price target for DeFi Technologies Inc (NASDAQ:DEFT) from $5.5 to $2. HC Wainwright & Co. analyst Kevin Dede maintained a Buy rating. DeFi Technologies shares closed at $0.76 on Tuesday. See how other analysts view this stock.
  • Roth Capital raised the price target for Diamondback Energy Inc

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Stifel analyst Dara Azar initiated coverage on Inhibrx Biosciences Inc (NASDAQ:INBX) with a Buy rating and announced a price target of $150. Inhibrx Biosciences shares closed at $62.35 on Tuesday. See how other analysts view this stock.
  • Needham analyst Ami Fadia initiated coverage on MapLight Therapeutics Inc (NASDAQ:

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The Magnificent Seven stocks staged a powerful rebound Wednesday morning after a ceasefire agreement between Iran and President Donald Trump sparked a broad risk-on rally across global markets. 

Nasdaq Rallies

Investors piled back into mega-cap tech names, lifting Nasdaq futures 3.55% higher as geopolitical tensions eased and fear-driven trades reversed.

Meta Platforms (NASDAQ:META) led the pack with a 5% jump, while Tesla Inc. (NASDAQ:TSLA) surged 4.5% in early trading. 

Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and Amazon.com Inc. (NASDAQ:AMZN) both climbed roughly 4%, followed closely by Nvidia Corp. (NASDAQ:NVDA) up 3.5% and Microsoft Corp.

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