Short interest for Trump Media & Technology gives investors a sense of the degree to which investors are betting on the decline of Trump Media & Technology's stock. Short interest data is updated every two weeks.

Trump Media & Technology Stock (NASDAQ:DJT), Short Interest Report

Trump Media & Technology

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Donald Trump

Startups

RDDT

Donald Trump&#39;s Truth Social Shows 55% Increase In Site Traffic Since IPO As Stock Rockets 123% From Lows Amid Short Squeeze Speculation

Former President Donald Trump

Short Sellers

Social Media

Short Ideas

Tech

Trading Ideas

General

DJT, the stock of Trump Media &amp; Technology Group Corp., is currently ranked number one on the Short Squeeze Leaderboard with a high Short Squeeze Score of 99.41.

Trump Media&#39;s DJT Stock Tops Short Squeeze Leaderboard: Is Another Price Surge Coming?

Google

News

GOOG

GOOGL

Rumble adds that Google has preserved its monopoly by striking a deal with Meta&#39;s Facebook to prevent it from offering alternatives to Google&#39;s ad tech ecosystem.

Trump Media Firm&#39;s Tech-Ad Partner Rumble Sues Google For $1B Over Alleged Ad Monopoly

Trump Media & Technology Group Corp. - Common Stock

Trump Media & Technology Group Corp

DAIICHI JITSUGYO CO LTD by Daiichi Jitsugyo Co Ltd.

Daiichi Jitsugyo Co Ltd

Trump Media & Technology Group Corp. - Warrants

<p>JMP Securities  analyst Devin Ryan   reiterates Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with a Market Outperform and maintains $30 price target.</p>


Price Target

Reiteration

Analyst Ratings

HOOD

JMP Securities Reiterates Market Outperform on Robinhood Markets, Maintains $30 Price Target

Rumors

Watching Royal Caribbean Cruises; Hearing Investors Business Daily SwingTrader Buys Stock

JMIA

On Benzinga Live: Andrew Left Says Jumia Is Number One In The Space, Says Africa Is The Next Big Market, Notes Co Sold 10% Of Itself

<p>JMP Securities  analyst Jason Butler   reiterates Athira Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATHA#NASDAQ">ATHA</a>) with a Market Outperform and maintains $19 price target.</p>


ATHA

JMP Securities Reiterates Market Outperform on Athira Pharma, Maintains $19 Price Target

<p>B of A Securities  analyst Joshua Shanker   maintains Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) with a Buy and raises the price target from $279 to $286.</p>


B of A Securities Maintains Buy on Progressive, Raises Price Target to $286

FFIE

Faraday Future Intelligent Electric Shares Resumed Trade

<p>JMP Securities  analyst Aaron Hecht   reiterates American Healthcares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHR#NYSE">AHR</a>) with a Market Outperform and maintains $16 price target.</p>


JMP Securities Reiterates Market Outperform on American Healthcares, Maintains $16 Price Target

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Alnylam Pharmaceuticals</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ALNY, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Alnylam Pharmaceuticals.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 44% bullish and 44%, bearish.</p>
<p>Out of all of the special options we uncovered, 3 are puts, for a total amount of $273,460, and 6 are calls, for a total amount of $283,450.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $185.0 for Alnylam Pharmaceuticals over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Alnylam Pharmaceuticals's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Alnylam Pharmaceuticals's whale activity within a strike price range from $90.0 to $185.0 in the last 30 days. </p>
<h3>Alnylam Pharmaceuticals Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715878301_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ALNY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$19.8</td>
<td>$19.8</td>
<td>$19.8</td>
<td>$145.00</td>
<td>$162.3K</td>
<td style="text-align: right;">143</td>
<td style="text-align: right;">82</td>
</tr>
<tr>
<td>ALNY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$73.0</td>
<td>$72.7</td>
<td>$72.7</td>
<td>$90.00</td>
<td>$79.9K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>ALNY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$21.0</td>
<td>$20.2</td>
<td>$20.2</td>
<td>$145.00</td>
<td>$72.7K</td>
<td style="text-align: right;">143</td>
<td style="text-align: right;">130</td>
</tr>
<tr>
<td>ALNY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$11.0</td>
<td>$10.3</td>
<td>$11.0</td>
<td>$175.00</td>
<td>$49.5K</td>
<td style="text-align: right;">424</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ALNY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$9.3</td>
<td>$7.1</td>
<td>$7.7</td>
<td>$185.00</td>
<td>$43.8K</td>
<td style="text-align: right;">896</td>
<td style="text-align: right;">123</td>
</tr>
</tbody>
</table>
</p>
<h3>About Alnylam Pharmaceuticals</h3>
<p>Alnylam Pharmaceuticals is a leader in the study of RNA interference (RNAi) therapeutics. RNAi is a naturally occurring biological pathway within cells for sequence-specific silencing and regulation of gene expression. Alnylam has five drugs on the market: Onpattro and Amvuttra for hATTR amyloidosis, Givlaari for acute hepatic porphyria, Oxlumo for primary hyperoxaluria type 1, and Leqvio for hypercholesterolemia. It also has several clinical programs across various therapeutic areas: genetic medicines; cardio-metabolic diseases; hepatic infectious diseases, and CNS/ocular diseases. Upfront fees from research partnerships have boosted Alnylam's cash levels, and the company stands to see additional milestones and royalties from drugs commercialized under collaboration partnerships.</p>
<p>Having examined the options trading patterns of Alnylam Pharmaceuticals, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Alnylam Pharmaceuticals's Current Market Status</h3>
<ul>
<li>Trading volume stands at 348,037, with ALNY's price up by 0.31%, positioned at $147.86.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 77 days.</li>
</ul>
<h3>What Analysts Are Saying About Alnylam Pharmaceuticals</h3>
<p>Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $275.0.</p>
<ul>
<li>Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $200.</li>
<li>Maintaining their stance, an analyst from HC Wainwright &amp; Co. continues to hold a Buy rating for Alnylam Pharmaceuticals, targeting a price of $400. </li>
<li>An analyst from Chardan Capital has decided to maintain their Buy rating on Alnylam Pharmaceuticals, which currently sits at a price target of $225. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Alnylam Pharmaceuticals options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Markets

ALNY

Market Whales and Their Recent Bets on ALNY Options

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Take-Two Interactive</strong>.</p>
<p>Looking at options history for Take-Two Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>) we detected 8 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 25% with bearish.</p>
<p>From the overall spotted trades, 2 are puts, for a total amount of $159,125 and 6, calls, for a total amount of $268,141.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $140.0 and $190.0 for Take-Two Interactive, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Take-Two Interactive's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Take-Two Interactive's substantial trades, within a strike price spectrum from $140.0 to $190.0 over the preceding 30 days.</p>
<h3>Take-Two Interactive Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715878296_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>TTWO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$17.0</td>
<td>$14.45</td>
<td>$15.35</td>
<td>$165.00</td>
<td>$115.1K</td>
<td>165</td>
<td style="text-align: right;">75</td>
</tr>
<tr>
<td>TTWO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$14.3</td>
<td>$13.55</td>
<td>$13.55</td>
<td>$140.00</td>
<td>$101.6K</td>
<td>48</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>TTWO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$5.9</td>
<td>$5.75</td>
<td>$5.75</td>
<td>$148.00</td>
<td>$57.5K</td>
<td>194</td>
<td style="text-align: right;">125</td>
</tr>
<tr>
<td>TTWO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$1.31</td>
<td>$1.04</td>
<td>$1.04</td>
<td>$190.00</td>
<td>$34.2K</td>
<td>494</td>
<td style="text-align: right;">510</td>
</tr>
<tr>
<td>TTWO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.0</td>
<td>$2.64</td>
<td>$3.0</td>
<td>$175.00</td>
<td>$32.7K</td>
<td>6.7K</td>
<td style="text-align: right;">710</td>
</tr>
</tbody>
</table>
</p>
<h3>About Take-Two Interactive</h3>
<p>Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires &amp; Puzzles," and "CSR Racing.".</p>
<p>In light of the recent options history for Take-Two Interactive, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Take-Two Interactive</h3>
<ul>
<li>With a volume of 792,365, the price of TTWO is down -1.09% at $146.47. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 0 days.</li>
</ul>
<h3>Expert Opinions on Take-Two Interactive</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $191.25.</p>
<ul>
<li>An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $190. </li>
<li>An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $200. </li>
<li>An analyst from Oppenheimer persists with their Outperform rating on Take-Two Interactive, maintaining a target price of $185. </li>
<li>An analyst from Wedbush downgraded its action to Outperform with a price target of $190. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Take-Two Interactive options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


TTWO

Behind the Scenes of Take-Two Interactive's Latest Options Trends

<p>Stephens &amp; Co.  analyst Daniel Imbro   reiterates Werner Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WERN#NASDAQ">WERN</a>) with a Equal-Weight and maintains $40 price target.</p>


WERN

Stephens & Co. Reiterates Equal-Weight on Werner Enterprises, Maintains $40 Price Target

<p><strong>Bit Digital Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares are rising Thursday on the heels of the <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining company&#8217;s first-quarter financial results. Here&#8217;s a look at what <a href="https://www.benzinga.com/pressreleases/24/05/n38857832/bit-digital-inc-announces-first-quarter-of-fiscal-year-2024-financial-results">you need to know</a>.</p>
<ul>
<li><strong>Q1 Revenue:</strong> $30 million, versus&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">estimates</a>&nbsp;of $27.733 million</li>
</ul>
<ul>
<li><strong>Q1 EPS: </strong>43 cents, versus estimates of 1 cent</li>
</ul>
<p>Total revenue increased 266% on a year-over-year&nbsp;basis. Bitcoin mining revenue was up 166%. Bit Digital said its AI business began generating revenue in&nbsp;January and recognized&nbsp;$8.1 million&nbsp;of revenue during the quarter.&nbsp;</p>
<p>Bit Digital mined 410.7 Bitcoin during the quarter, up 13% year-over-year. The company also noted it earned 111.1 <strong>Ethereum</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) in native staking and 1.3&nbsp;ETH&nbsp;in liquid staking in the first quarter. As of March 31, Bit Digital held 956.4 Bitcoin and 16,031.411 <a href="https://www.benzinga.com/quote/ETH-USD">Ethereum</a>.</p>
<p>Bit Digital purchased approximately 2,350 bitcoin mining units in the first quarter. The company's active hash rate was approximately 2.76 EH/s as of&nbsp;March 31. </p>
<p>&#8220;We continue to believe that capital allocation optionality provided by our complementary business lines is a key differentiator for our Company. We are actively evaluating a number of growth opportunities, both organic and inorganic, across each of our business lines,&#8221; the company said.</p>
<p>&#8220;We are in the late stages of finalizing an agreement to double the size of the GPU fleet for our anchor client and our negotiations with prospective clients are progressing well. Our target of reaching a&nbsp;$100 million&nbsp;annualized revenue run-rate by year-end for this segment remains intact.&#8221;</p>
<p>Bit Digital&#8217;s conference call is scheduled to kick off at 10 a.m. ET. </p>
<p><em>See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38870788/dogecoin-killer-shiba-inu-pumps-6-i-felt-underexposed-says-trader-who-sees-more-short-term">&#8216;Dogecoin Killer&#8217; Shiba Inu Pumps 6%: &#8216;I Felt Underexposed,&#8217; Says Trader Who Sees More Short-Term Upside</a></em></p>
<p><strong>BTBT Price Action: </strong><a href="https://www.benzinga.com/quote/BTBT" target="_blank" rel="noreferrer noopener">Bit Digital shares</a> were up 0.84% at $2.39 Thursday morning, per <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.</p>
<p><em>Photo: Shutterstock.</em></p>


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

Cryptocurrency

Earnings

Movers

$BTC

$ETH

BTBT

What's Going On With Bitcoin Mining Stock Bit Digital Thursday?

<p><strong>Dow Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dow#NYSE">DOW</a>) is expected to gain from cost and productivity actions and investment in high-return projects. However, it faces headwinds from soft demand due to weak global economic activities.<br />
The company&#39;s shares are up 14.7% over a year, compared with a 1.6% rise recorded by its industry.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/45/66816.jpg?v=497758966" /><br />
Image Source: Zacks Investment Research</p>
<p>Let&#39;s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.</p>
<p>&nbsp;</p>
<h3>Cost Actions &amp; High-return Growth Projects Aid DOW</h3>
<p>Dow focuses on maintaining cost and operational discipline. The company is realizing a full $300 million EBITDA run rate benefit from restructuring programs being initiated in the third quarter of 2020. DOW is implementing targeted actions focused on optimizing labor and purchased service costs, lowering turnaround spending and boosting productivity. Its targeted actions delivered $1 billion in cost savings for full-year 2023.<br />
Dow also remains focused on investing in attractive areas through highly accretive projects. It is investing in several high-return growth projects including the expansion of downstream silicones capacity.<br />
Dow&#39;s disciplined and balanced capital allocation priorities are also supporting its Decarbonize and Grow strategy to deliver long-term value creation for its shareholders. It is advancing its Decarbonize and Grow and Transform the Waste strategies, which are expected to deliver more than $3 billion in underlying earnings annually by 2030.<br />
The company received a definitive green light from its Board in November 2023 for its Fort Saskatchewan Path2Zero initiative, marking a significant milestone in its commitment to building the world&#39;s inaugural net-zero Scope 1 and 2 emissions-integrated ethylene cracker and derivatives facility in Alberta, Canada.<br />
The project involves the construction of a new ethylene cracker, a 2-million MTA polyethylene capacity expansion and retrofitting the existing cracker to achieve net-zero Scope 1 and 2 emissions. It is expected to generate $1 billion in EBITDA growth annually throughout the economic cycle and decarbonize 20% of Dow&#39;s global ethylene capacity.<br />
The investment positions Dow to meet increasing demand in lucrative markets such as packaging, infrastructure and hygiene, with additional potential gains from the commercialization of low and zero-emission products.<br />
Moreover, the company is committed to return value to its shareholders by leveraging healthy cash flows. It returned $2.6 billion to its shareholders in 2023 through dividends and share buybacks. Dow also returned $693 million to shareholders in the first quarter of 2024 through dividends and share buybacks. Dow has adequate liquidity of roughly $13.5 billion and no substantial debt maturities until 2027.</p>
<h3>Soft Demand a Concern</h3>
<p>The company faces challenges from demand softness in Europe and Asia Pacific. Lower consumer spending amid inflationary pressures is affecting demand in Europe. Global industrial activities have been affected by the weaker demand recovery in China. The property sector remains sluggish in China with declining new home prices.<br />
Inflationary pressures are impacting consumer durables and building and construction demand. Demand in infrastructure including residential construction remains weak. Soft conditions across these markets are likely to impact volumes in second-quarter 2024. Demand is expected to remain pressured by elevated inflation, high interest rates and geopolitical tensions over the near term, notably in building and construction and durable goods markets.</p>
<div class="chart_embed">
<h3>Dow Inc. Price and Consensus</h3>
<p><a href="https://www.zacks.com/stock/chart/DOW/price-consensus-chart?icid=chart-DOW-price-consensus-chart" style="font-size: 13px;"><img alt="Dow Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/30/1715850198.png" style="height:280px; width:610px" title="" /></a></p>
<p>Dow Inc. price-consensus-chart | Dow Inc. Quote</p>
</div>
<h3>Stocks to Consider</h3>
<p>Better-ranked stocks in the basic materials space include <strong>ATI Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ati#NYSE">ATI</a>), <strong>Carpenter Technology Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>) and <strong>Ecolab Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ecl#NYSE">ECL</a>).<br />
Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in three of the last four quarters while matching it once, with the average earnings surprise being 15.1%. The company&#39;s shares have soared roughly 131% in the past year.<br />
ATI currently carries a Zacks Rank #2 (Buy). ATI beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 8.3%. The company&#39;s shares have soared around 73% in the past year.<br />
The Zacks Consensus Estimate for Ecolab current year earnings is pegged at $6.59 per share, indicating a year-over-year rise of 26.5%. ECL, a Zacks Rank #2 stock, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 1.3%. The company&#39;s shares have rallied roughly 34% in the past year.</p>
<p><a href="https://www.zacks.com/stock/news/2274634/here-s-why-you-should-hold-onto-dow-dow-stock-for-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2274634">To read this article on Zacks.com click here.</a></p>


Here's Why You Should Hold Onto Dow Stock for Now

Macro Economic Events

Economics

Federal Reserve

Fed's Mester Says Fed Won't Do Digital Currency Without Congress Involvement; U.S. Fiscal Path Not Sustainable, Must Be Brought Under Control;  U.S. Fiscal Issues Are Not An Immediate Issue

<p>The International Energy Agency (IEA) has lowered its oil demand growth forecast for 2024 by 140,000 barrels per day (bpd), citing weak consumption in developed economies. This adjustment takes the expected growth down to 1.1 million bpd.</p>
<h3>Factors Behind the Revised Projections</h3>
<p>The IEA&#39;s latest &quot;Oil Market Report&quot; attributes the downward revision to several key factors. Firstly, weak industrial activity in developed countries has led to a reduction in gasoil (a by-product of petroleum used as fuel) consumption. Additionally, a mild winter in Europe further dampened demand. The decline has been compounded by Europe&#39;s transition away from diesel vehicles.</p>
<p>Weak diesel deliveries in the United States also contributed to the overall reduction in OECD oil demand in the first quarter. The IEA noted that while demand in developed nations suffered, resilient consumption in non-OECD countries, particularly China, provided some offset.</p>
<h3>Comparing IEA and OPEC Forecasts</h3>
<p>The IEA&#39;s cautious outlook stands in stark contrast to the more optimistic projections from the Organization of the Petroleum Exporting Countries (OPEC). While the IEA forecasts modest growth of 1.1 million bpd for 2024, OPEC expects a robust increase of 2.25 million bpd. This 1.15 million bpd discrepancy underscores divergent views on global economic resilience and oil demand dynamics.</p>
<p>OPEC maintains its bullish stance, supported by a strong global economy and the potential easing of monetary policies. OPEC&#39;s growth forecast of 1.85 million bpd for 2025 remains equally optimistic compared to the IEA&#39;s more conservative estimate of 1.2 million bpd.</p>
<h3>Supply Considerations</h3>
<p>The IEA also revised its oil supply growth estimates for 2024, reducing it from 770,000 bpd to 580,000 bpd due to significant outages in Brazil and logistical challenges in the U.S. Despite these adjustments, global supply is expected to reach a record high of 102.7 million bpd. This supply-demand balance will be crucial for OPEC+ as it decides on extending voluntary output cuts in its upcoming June meeting.</p>
<h3>The Path Forward for Oil Markets</h3>
<p>The divergence between the IEA and OPEC projections sends mixed signals about the future of the oil market. The IEA&#39;s cautious approach reflects concerns over persistent high borrowing costs and inflation in major Western economies, which could dampen economic growth and oil demand. Conversely, OPEC&#39;s optimistic outlook hinges on economic growth and favorable monetary policies.</p>
<p>The IEA expects oil demand to peak by 2030, aligning with global efforts to transition to cleaner energy sources. In contrast, OPEC believes oil demand will continue to rise over the next two decades, not anticipating a peak in the foreseeable future.</p>
<h3>Conclusion</h3>
<p>The IEA&#39;s revised forecast for 2024 highlights the complex interplay of industrial activity, weather patterns, and shifting consumption trends in developed economies. The significant gap between IEA and OPEC projections underscores the uncertainty and divergent perspectives on the future of the oil market.&nbsp;</p>
<p>All eyes are now on the semi-annual meeting of OPEC+ ministers scheduled for June, where analysts expect discussions on the production policy for the second half of the year.</p>
<h3>3 Energy Stocks to Buy</h3>
<p>To help out energy investors amid the conflicting viewpoints, we recommend accumulating stocks like <strong>SM Energy Company</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sm#NYSE">SM</a>), <strong>Marathon Petroleum</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mpc#NYSE">MPC</a>) and <strong>APA Corporation</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apa#NASDAQ">APA</a>). SM Energy and Marathon Petroleum currently sport a Zacks Rank #1 (Strong Buy) each, while APA carries a&nbsp; Zacks Rank #2 (Buy).&nbsp;</p>
<p>We believe that oil&#39;s current levels of just under $80 allow long-term-oriented market participants to buy shares in quality companies at attractive prices</p>
<p><strong>SM Energy Company:</strong> SM beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters. SM Energy has a trailing four-quarter earnings surprise of 13.8%, on average.</p>
<p>SM is valued at around $5.6 billion. SM Energy has seen its shares increase 92.9% in a year.</p>
<p><strong>Marathon Petroleum:</strong> Over the past 60 days, the Zacks Consensus Estimate for 2024 earnings has moved up 34%.&nbsp;</p>
<p>Marathon Petroleum is valued at around $62.7 billion. MPC has seen its stock rise 63.5% in a year.</p>
<p><strong>APA Corporation:</strong> APA is valued at some $11.2 billion. The 2024 Zacks Consensus Estimate for the company indicates 8.4% year-over-year earnings per share growth.</p>
<p>APA beat the Zacks Consensus Estimate for earnings in two of the trailing four quarters and missed in the other two, the average being 5.5%. APA shares have lost 4.6% in a year.</p>
<p><a href="https://www.zacks.com/stock/news/2274650/what-are-the-key-takeaways-from-iea-s-oil-market-report?cid=CS-BENZ-FT-analyst_blog|industry_focus-2274650">To read this article on Zacks.com click here.</a></p>


Commodities

What Are the Key Takeaways From IEA's Oil Market Report?

Faraday Future Intelligent Electric Shares Halted On Circuit Breaker To The Upside, Stock Now Up 206.4%

<p>Stephens &amp; Co.  analyst Terry McEvoy   maintains Truist Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) with a Overweight and raises the price target from $43 to $47.</p>


Stephens & Co. Maintains Overweight on Truist Finl, Raises Price Target to $47

Fed's Mester Says No Decision Made On Fed Digital Currency

<p>How much a stock&#39;s price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.</p>
<p>Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.</p>
<p>What if you&#39;d invested in <strong>Applied Materials</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amat#NASDAQ">AMAT</a>) ten years ago? It may not have been easy to hold on to AMAT for all that time, but if you did, how much would your investment be worth today?</p>
<p><strong>Applied Materials&#39; Business In-Depth</strong></p>
<p>With that in mind, let&#39;s take a look at Applied Materials&#39; main business drivers.</p>
<p>Headquartered in Santa Clara, California, Applied Materials is one of the world&#39;s largest suppliers of equipment for the fabrication of semiconductor, flat panel liquid crystal displays (LCDs), and solar photovoltaic (PV) cells and modules. The company also offers deployment and support services related to the equipment supplied.</p>
<p>In fiscal year 2023, Applied reported results in three segments&mdash;Semiconductor Systems (74% of total 2023 revenue), Applied Global Services (22%) and Display and Adjacent Markets (4%).<br />
Applied Materials&#39; Silicon segment offers equipment for front-end operations in the semiconductor manufacturing process. Front-end processes involve the deposition or implantation of multiple thin layers of electronically conductive, semiconductive and insulating materials onto and within a silicon wafer with the help of photomasks (reticles) to give multiple copies of integrated circuit devices.<br />
With over 33,000 systems installed, the Applied Global Services segment goes a long way to ensure customer satisfaction and support. There are primarily three kinds of services offered.<br />
Applied has developed technologies for significantly larger-sized wafers made of materials other than silicon. This has helped it expand its portfolio into equipment for thin film transistor (TFT) LCDs (made from glass) and OLED, which are used in smartphones, TVs and other consumer electronic devices. The company operates this business under the Display segment.</p>
<p>The Energy and Environmental Solutions segment primarily consists of the solar product line. Currently, the company offers equipment for manufacturing both wafer-based crystalline silicon (c-Si) and glass-based thin film used in the solar PV cell fabrication process.</p>
<p>Being a leading producer of specialized equipment, most of the competition comes from other large equipment makers, such as KLAC and LRCX.</p>
<p><strong>Bottom Line</strong></p>
<p>Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Applied Materials ten years ago, you&#39;re likely feeling pretty good about your investment today.</p>
<p>According to our calculations, a $1000 investment made in May 2014 would be worth $11,636.70, or a gain of 1,063.67%, as of May 16, 2024, and this return excludes dividends but includes price increases.</p>
<p>In comparison, the S&amp;P 500 gained 183.73% and the price of gold went up 75.57% over the same time frame.</p>
<p>Analysts are anticipating more upside for AMAT.</p>
<p>Applied Materials is benefiting from strength in the Applied Global Services segment, owing to the growing adoption of the 200-mm system. Solid momentum in the subscription and display businesses is a plus. AMAT remains optimistic about its strategies and investments in IoT and AI. Its strength in IoT, Communications, Auto, Power and Sensors (ICAPS) is likely to continue aiding its position in the semiconductor industry in the days ahead. Its broad-based diversified portfolio and strong services business remain its key growth drivers. Notably, the stock has outperformed its industry year to date. However, softness in the Semiconductor Systems segment remains a concern. Weakening momentum across Taiwan, Southeast Asia, the United States and Europe is a major negative. The sluggish demand environment and geo-political tensions are headwinds.</p>
<p>The stock is up 8.80% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 1 higher, for fiscal 2024. The consensus estimate has moved up as well.</p>
<p><a href="https://www.zacks.com/stock/news/2274552/here-s-how-much-you-d-have-if-you-invested-1000-in-applied-materials-a-decade-ago?cid=CS-BENZ-FT-tale_of_the_tape|investing_$1000-2274552">To read this article on Zacks.com click here.</a></p>


AMAT

Here's How Much You'd Have If You Invested $1000 in Applied Materials a Decade Ago

On Benzinga Live: Andrew Left Talks The GEO Group, Said No One Was Talking About Migrant Crisis

UBER

Live On CNBC, Bill Baruch Announces Bought More Uber Technologies

We know that Truth Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) has been a wild ride of late, with the volatility seen in just the last three months alone on par with some ...

Truth Social (NASDAQ:DJT) Surges as Trial Carries On

We know that social media platform Truth Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) has been on a wild ride lately, with the volatility seen in just the last three months...

Truth Social (NASDAQ:DJT) Surges as Trump Trial Carries On

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>I recently discussed the <a href="https://investorplace.com/2024/04/3-50-stocks-that-will-walk-all-over-donald-trumps-dwac-holdings/">best $20 stocks</a> to buy in April. Now I&rsquo;m hunting for the best $50 stocks to buy this spring.&nbsp;Rather than select stocks under $50, I will look at all <strong>S&amp;P 500</strong> stocks trading within $5 of $50 as I write this. According to <em>Finviz.com, </em>there are <a href="https://finviz.com/screener.ashx?v=111&amp;f=idx_sp500,sh_price_o40&amp;ft=4">435 stocks</a> over $40. From here, I can manually narrow down to the stocks between $45 and $55 in the index. My quick check counts 21 in this range. That should be enough to find the three best $50 stocks.&nbsp;</p>



<p>In early April, I selected three $50 stocks that would walk all over Donald Trump&rsquo;s media stock. All three outperformed <strong>Trump Media &amp; Technology Group </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a></span>) in the past month. With the markets retreating, it will be challenging to pick near-term winners. However, I&rsquo;m more concerned about providing readers with good long-term bets.&nbsp;</p>



<p>Here are my three choices for this spring and beyond.&nbsp;</p>



<h2>General Motors (GM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/gm-stock-6-300x169.jpg" alt="Image of General Motors (GM) logo on corporate building with clear sky in the background."><div>Source: Katherine Welles / Shutterstock.com</div></div><p>At the time of writing, <strong>General Motors </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/gm-stock-quote/"><strong>GM</strong></a>) trades at $45.36, up nearly 2% over the past five days. GM stock has done well over the past week because of positive earnings news.&nbsp;</p>



<p>On April 23, it reported a <a href="https://investor.gm.com/news-releases/news-release-details/gm-releases-2024-first-quarter-results-and-raises-full-year">7.6% revenue increase</a> for Q1 2024, to $43.01 billion, with a net income of $2.98 billion, 24.4% higher than a year ago. As a result of the strong start, it raised its 2024 guidance to $10.8 billion in net income at the midpoint of its outlook, $300 million higher than previously.&nbsp;</p>



<p>Analysts expected it to earn <a href="https://markets.businessinsider.com/news/stocks/general-motors-company-q1-profit-increases-beats-estimates-1033275318">$2.12 a share</a>; it beat that by 48 cents. Revenues beat the consensus by $600 million.&nbsp;</p>




<p>&ldquo;In January, we outlined clear priorities for GM in 2024. They are to leverage the strength of our winning ICE portfolio, grow our EV business profitably, advance our software-defined vehicle capability, and relaunch Cruise safely while delivering strong margins and cash flows,&rdquo; stated CEO Mary Barra in the company&rsquo;s Q1 2024 <a href="https://pressroom.gm.com/gmbx/us/en/pressroom/home/news.detail.html/Pages/news/emergency_news/2024/shareholders/q1-24-ceo-letter-to-shareholders.html">Letter to Shareholders</a>.</p>




<p>I&rsquo;ve been <a href="https://investorplace.com/2023/09/3-overpaid-ceos-raking-in-far-more-than-they-are-worth/">critical of Barra&rsquo;s pay</a> in the past. However, she&rsquo;s delivering outstanding results for shareholders.&nbsp;&nbsp;&nbsp;</p>



<h2>Brown-Forman (BF-B)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/alcohol1600-300x169.jpg" alt="a row of glass alcohol bottles to represent sin stocks"><div>Source: Shutterstock</div></div><p><strong>Brown-Forman </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/bf.b-stock-quote/"><strong>BF-B</strong></a></span>) trades at $47.30, down nearly 2% over the past five days. More importantly, over the past five years, it barely generated a positive return for its shareholders, generating a five-year annualized total return, which includes dividends, of less than <a href="https://www.morningstar.com/stocks/xnys/bf.b/trailing-returns">1%</a>.&nbsp;</p>



<p>The reason for the underperformance is apparent: it&rsquo;s not growing.&nbsp;</p>



<p>However, it&rsquo;s important to note that this is a problem industrywide. <strong>Diageo </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/deo-stock-quote/"><strong>DEO</strong></a>), <a href="https://www.lifestyleasia.com/ind/dining/drinks/biggest-liquor-companies-in-the-world-diageo-lvmh-suntory/#google_vignette">one of the world&rsquo;s largest</a> alcohol beverage companies, has suffered under the same fate in recent times. In early March, Diageo reported <a href="https://www.marketwatch.com/story/brown-formans-stock-dips-after-jack-daniels-parents-sales-fall-short-of-estimates-d15354c4">Q3 2024</a> results that were less than flattering from a revenue perspective, with a 1% decline in sales to $1.07 billion, $60 million less than analyst expectations.&nbsp;&nbsp;&nbsp;</p>



<p>In comparison, Brown-Forman&rsquo;s bottom line was much better, increasing by 185% to $285 million, or $0.60 a share, four cents higher than the consensus.&nbsp;</p>



<p>As part of its Q3 2024 report, CEO Lawson Whiting said that the company expects the U.S. spirits market to return to <a href="https://www.just-drinks.com/news/brown-forman-expects-us-spirits-market-to-return-to-normal-growth-later-this-year/">more normalized annual revenue growth</a> of 4%-5%. It slowed over the past 12-18 months due to consumers reducing spending combined with heavier-than-normal inventories coming out of the pandemic.</p>



<p>I&rsquo;ve always liked this company because of its family ownership. In <a href="https://investorplace.com/2013/05/4-sweet-stocks-keeping-it-in-the-family/">May 2013</a>, I recommended it and three other family-owned publicly traded businesses. Its total return from 2013 isn&rsquo;t as good as the other three, but because of its correction since the beginning of 2021, it&rsquo;s not nearly as impressive.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>



<p>As the company said in its <a href="http://v">Investor Day presentation</a> in March, it has four strategic priorities for its business through 2032: Grow the number of geographic markets it&rsquo;s in, attract new and younger drinkers, grab market share in the super-premium category, and grow its flavored drinks and RTD (ready-to-drink) product lines.&nbsp;</p>



<h2>Delta Air Lines (DAL)&nbsp;</h2>



<div><img width="300" height="160" src="https://investorplace.com/wp-content/uploads/2020/12/dal-stock-1600-300x160.jpg" alt="Delta (DAL) Airplanes sit in a row at Kansas City International Airport"><div>Source: David Peterlin / Shutterstock.com</div></div><p><strong>Delta Air Lines </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/dal-stock-quote/"><strong>DAL</strong></a></span>) trades at $52.62, up 4.2% over the past five days.&nbsp;Earlier in this spring, I <a href="https://investorplace.com/2024/04/summers-coming-3-exciting-stocks-to-buy-that-arent-disney/">recommended</a> buying DAL stock as we enter the summer season. People will travel today, tomorrow, and every day thereafter.&nbsp;</p>



<p>As I wrote in my commentary, it projected a 2024 free cash flow of $3.5 billion, giving it a free cash flow yield of 6.7%, verging on value territory, despite its stock gaining 52% over the past year.&nbsp;Regarding management, they have top talent. CEO Ed Bastian isn&rsquo;t just one of the best airline executives; he&rsquo;s one of America&rsquo;s best CEOs. </p>



<p>Interestingly, I didn&rsquo;t realize until writing this that <a href="https://www.linkedin.com/in/alain-bellemare-2107b11b7/">Alain Bellemare</a>, former CEO of Canada&rsquo;s <strong>Bombardier </strong>(OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/bdrbf-stock-quote/"><strong>BDRBF</strong></a></span>), was hired by Delta to be executive vice president in January 2021. He did a reasonably good job at Bombardier despite a challenging situation where it had to sell its <a href="https://www.cpacanada.ca/news/pivot-magazine/bombardier-canadian-innovation">C-Series aircraft</a> to <strong>Airbus </strong>(OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/eadsy-stock-quote/"><strong>EADSY</strong></a></span>) for the Canadian-made plane to survive and thrive as the A220.</p>



<p>Of all the U.S. <a href="https://investorplace.com/industries/consumer-discretionary/travel/airline/">airline stocks</a>, Delta is my favorite.&nbsp;&nbsp;</p>



<p><em>On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"> Publishing Guidelines</a>.</em></p>
<div><p>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/05/what-is-the-best-50-stock-to-buy-in-spring-3-top-picks/">What Is the Best $50 Stock to Buy this Spring? 3 Top Picks.</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

What Is the Best $50 Stock to Buy this Spring? 3 Top Picks.

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>You&rsquo;ve surely heard the adage, &ldquo;sell in May and go away.&rdquo; While this investing trope is popular for investors who believe that the summer season is commonly a down time for stocks, it doesn&rsquo;t hold true for the best stocks in the market. Buying A-rated stocks for May makes a lot of sense for several reasons.</p>



<p>The end of tax season can often lead to increased consumer spending and investment, which can boost stocks in the technology and consumer discretionary sectors. In addition, many companies have reported their first-quarter earnings reports and issued guidance for the rest of the year, which gives investors some additional information when chasing A-rated stocks for May.</p>



<p>Suggestions that investors should avoid the market in May can lead to expensive mistakes. You would miss out on any gains that stocks generate in the summer. And nothing would spoil a week on the beach more than leaving returns on the table.</p>



<p>Instead, I suggest using the Portfolio Grader to identify A-rated stocks for May. By evaluating stocks based on growth, earnings performance, momentum and other factors, the Portfolio Grader gives you the best opportunity to avoid the summer doldrums and keep your portfolio moving higher.</p>



<h2>Nvidia (NVDA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/nvda-1600-300x169.png" alt="Closeup of mobile phone screen with logo lettering of nvidia corporation on computer keyboard. NVDA stock."><div>Source: Shutterstock</div></div><p><strong>Nvidia</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a>) continues its run as one of my top stocks to own. The semiconductor powerhouse is on the road to recovery from its April dip and is again topping the $900 price point.</p>



<p>Nvidia is a powerhouse because it has roughly a 90% market share in supplying the high-powered graphics processing units (GPUs) that are needed to power the most advanced generative artificial intelligence and machine learning applications. That&rsquo;s why NVDA stock jumped nearly 240% in 2023, and why the company now sports a market capitalization of more than $2 trillion.</p>



<p>Anticipation is already building toward Nvidia&rsquo;s earnings report for fiscal 2025, which is scheduled to be issued May 22. While recent weeks brought some bearish sentiment that Nvidia would be unable to maintain its growth trajectory, earnings reports from <a href="https://www.bloomberg.com/news/articles/2024-04-26/nvidia-shares-go-on-a-260-billion-tear-as-clients-splurge-on-ai">Nvidia&rsquo;s top customers</a> indicate that the company is likely looking at another robust report.</p>



<p>NVDA stock is up 82% in 2024 and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Palantir Technologies (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/pltr1600-4-300x169.png" alt="Palantir (PLTR) company logo on the screen of smartphone"><div>Source: Mamun sheikh K / Shutterstock.com</div></div><p>It seems as if Nvidia and <strong>Palantir Technologies</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/"><strong>PLTR</strong></a>) are joined at the hip. Not because they are companies that rely on each other, but because they are two of the hottest AI companies on the planet in recent quarters.</p>



<p>Palantir is a top contractor to governments and intelligence agencies, where it can use its AI-powered platforms to provide real-time information and predictions to military units in the field.</p>



<p>But it also has a fast-growing commercial unit that is making valuable insights available to nonmilitary clients as well. Its partnership with <strong>Oracle</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/orcl-stock-quote/"><strong>ORCL</strong></a>) will allow Palantir to make its Gotham and Artificial Intelligence Platform available to commercial clients through Oracle&rsquo;s cloud network.</p>



<p><a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Revenue-Growth-of-21-Year-Over-Year-and-Sixth-Consecutive-Quarter-of-GAAP-Profitability-GAAP-EPS-of-0.04-in-Q1-2024/">Earnings for the first quarter</a> showed $634.3 million in revenue, an increase from 21% from a year ago. Palantir projects revenue in the range of $649 million to $653 million for the second quarter and increased its full-year revenue guidance to a range of $2.677 billion and $2.689 billion.</p>



<p>While some bears are disappointed that Palantir isn&rsquo;t growing as fast as they would like, the stock&rsquo;s post-earnings slump is a valuable buying opportunity for a company that&rsquo;s just going to improve. PLTR stock is up 21% this year and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Alphabet (GOOG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/goog1600i-300x169.jpg" alt="GOOG stock: letters spelling out google"><div>Source: rvlsoft / Shutterstock.com</div></div><p><strong>Alphabet</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a></span>,NASDAQ:<span><a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>) is one of the most well-known companies on the planet. The company&rsquo;s search engine, Google, has a 91% share of global search traffic, and its Chrome browser has a 65% market share. Its YouTube platform is the world&rsquo;s <a href="https://www.linearity.io/blog/youtube-statistics/">second-most popular video streaming service</a>.</p>



<p>Combined, those properties gives Alphabet a powerful position on the internet to target advertisers and push extensions that highlight Alphabet products.</p>



<p>GOOG stock jumped to all-time highs after the company reported first-quarter earnings of <a href="https://investorplace.com/earning-results/2024/04/goog-stock-earnings-alphabet-for-q1-of-2024/">$80.5 billion</a>, up 15% from a year ago and ahead of analyst consensus of $78.6 billion. Earnings per share was $1.89, beating consensus estimates of $1.51 per share and topping last year&rsquo;s earnings by 61%.</p>



<p>Google Cloud&rsquo;s revenue increased&nbsp;<a href="https://www.barrons.com/livecoverage/google-alphabet-microsoft-intel-earnings/card/alphabet-shares-spike-on-strong-quarterly-financial-results-d1dh4N8R9fLFwfsfFu85?mod=article_inline">28%</a>&nbsp;from a year ago and operating earnings surged more than fourfold compared to Q1 2023. Alphabet also announced plans to add $70 billion to its share repurchase program and to start paying a quarterly cash dividend.</p>



<p>GOOG stock is a powerhouse, up 22% in 2024. It gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Super Micro Computer (SMCI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/smci1600-300x169.png" alt="In this photo illustration, the Super Micro Computer, Inc. (SMCI) logo seen displayed on a smartphone screen"><div>Source: rafapress / Shutterstock.com</div></div><p>There are some interesting opportunities right now for investors of <strong>Super Micro Computer</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/smci-stock-quote/"><strong>SMCI</strong></a>). The stock had massive gains in 2023 and the first quarter of this year, but also slipped by nearly 30% in the last month as bears worried that the stock grew too much, too quickly.</p>



<p>Count me among the bulls, however. I think this is a <a href="https://investorplace.com/market360/2024/05/the-dip-in-super-micro-computer-stock-is-a-buying-opportunity-for-ai-investors/">rare buying opportunity</a> to get a powerful stock at a massive discount.</p>



<p>Super Micro Computer works closely with chip manufacturers like Nvidia to design server racks and storage clusters that are needed for companies that use Nvidia&rsquo;s GPUs to power their AI products. It has more than 1,000 customers for its high-end servers that are helping to make machine learning, AI and quantum computing possible.</p>



<p>KeyBanc Capital Market analyst Tom Blakely <a href="https://www.barrons.com/articles/super-micro-stock-price-rating-551cdcb0">estimates</a> that Super Micro currently has 6% of the server infrastructure market and a 10% share of the AI server segment. He believes that the company&rsquo;s AI position can grow to 23% by the end of this year.</p>



<p>Earnings for the company&rsquo;s <a href="https://ir.supermicro.com/news/news-details/2024/Supermicro-Announces-Third-Quarter-Fiscal-Year-2024-Financial-Results/default.aspx">fiscal third quarter</a> included revenue of $3.85 billion, up from $1.28 billion a year ago. Income of $402 million was up from $86 million a year ago.</p>



<p>Even when the slip in stock price in the last two months, SMCI stock is up 188% this year. It continues to get an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Meta Platforms (META)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/meta1600-1-300x169.png" alt="In this photo illustration the Meta logo seen displayed on a smartphone and in the background the Facebook logo"><div>Source: rafapress / Shutterstock.com</div></div><p><strong>Meta Platforms</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/"><strong>META</strong></a>) is another blue-chip tech stock. The operator of the Facebook, Instagram, Messenger, Threads, and WhatsApp products, Meta includes roughly half the global population as monthly active users.</p>



<p>Meta is doubling down on its AI and machine learning efforts to optimize its valuable advertising platforms and improve user experience.</p>



<p>Meta Platforms CEO Mark Zuckerberg&nbsp;describes the company&rsquo;s newly upgraded Meta AI chatbot as &ldquo;now the&nbsp;<a href="https://finance.yahoo.com/news/meta-rolls-upgraded-ai-assistant-201702834.html">most intelligent AI assistant</a>&nbsp;that you can freely use.&rdquo; The AI-assistant software can create images and animations available on Facebook, Messenger, Instagram and WhatsApp.</p>



<p>Meta also recently&nbsp;<a href="https://finance.yahoo.com/news/meta-debuts-llama-3-latest-160000989.html">introduced</a>&nbsp;<a href="https://finance.yahoo.com/news/techcrunch-minute-metas-llama-3-160052944.html">Llama 3</a>, an large language model that&rsquo;s already getting <a href="https://finance.yahoo.com/news/techcrunch-minute-metas-llama-3-160052944.html">rave reviews</a> compared to its rivals LLM products.</p>



<p>Earnings for the first quarter included $36.4 billion in revenue, up 27% from a year ago. Income was $12.3 billion, up 117%, and earnings per share of $4.71 was up 114% from a year ago.</p>



<p>META stock is up 32% this year and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Trump Media &amp; Technology Group (DJT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/dwac1600-300x169.png" alt="In this photo illustration, the Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. DJT stock"><div>Source: rafapress / Shutterstock.com</div></div><p>First, let&rsquo;s get something straight. You don&rsquo;t have to like the politics of former President Donald Trump to buy or sell <strong>Trump Media &amp; Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a>) stock. </p>



<p>Truth be told, Trump Media stock is a meme play, with the underlying fundamentals of Trump Media and its Truth Social platform unable to support the company&rsquo;s current stock price.</p>



<p>But you can still make a profit from DJT stock. You just have to ignore the chatter and drama.</p>



<p>First, remember that Truth Social is positioning itself as a platform to amplify suppressed or silenced voices and viewpoints. It may also grow in popularity as X, the company formerly known as Twitter and now operated by Elon Musk, is considering&nbsp;<a href="https://www.linkedin.com/news/story/new-x-users-may-pay-a-small-fee-6699786/">charging new users a fee</a>&nbsp;to post and respond to posts.</p>



<p>Truth Social is also planning to launch a <a href="https://finance.yahoo.com/news/truth-social-launch-streaming-platform-112400489.html">live TV streaming platform</a> that could help it reach a wider audience.</p>



<p>There are growing reports about growing short interest of DJT stock and the possibility of a short squeeze. I don&rsquo;t think that&rsquo;s a good idea to get involved with, but if you think that Truth Social will grow and be a competitor to X, then <a href="https://investorplace.com/market360/2024/04/ignore-the-drama-the-smart-investors-approach-to-trump-media-stock/">a small investment in DJT stock</a> may make sense.</p>



<p>Trump Media stock is up 17% in the last month and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Shell (SHEL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/royal-dutch-shell-rds1600-300x169.jpg" alt="Shell logo on a gas station in Iceland. SHEL stock"><div>Source: JuliusKielaitis / Shutterstock.com</div></div><p><strong>Shell</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/shel-stock-quote/"><strong>SHEL</strong></a>) is a British oil and gas exploration company. It has a large footprint in the U.S., where it operates in all 50 states and has over 12,000 gas stations and convenience stores.</p>



<p>It&rsquo;s also investing heavily into electric vehicle infrastructure, with plans to increase the number of <a href="https://finance.yahoo.com/news/shell-to-unload-1000-retail-locations-in-pivot-to-ev-charging-141517030.html">EV charging stations</a> it operates from 54,000 to 200,000 by 2030.</p>



<p>Earnings for the first quarter were <a href="https://www.shell.com/investors/results-and-reporting/quarterly-results/_jcr_content/root/main/section_1564161910/simple_copy_copy_cop_22317024/list_copy_1861700816/list_item_copy_114090543/text/links/item0.stream/1714613420300/57656049abf0419e39cae5eb28c2ecc48b362b03/q1-2024-quarterly-press-release.pdf">$7.7 billion</a>, which was solid, but down from $9.6 billion a year ago because of falling gas prices. But with oil prices up 10% from a year ago, those numbers will improve as the price of oil goes up.</p>



<p>Shell also takes care of its shareholders. The company is instituting a share buyback program of $3.5 billion, which is expected to be completed over the next three months. And it already pays a dividend yield of 3.7%.</p>



<p>SHEL stock is up 11% this year and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<p><em>On the date of publication, Louis Navellier had a long position</em>&nbsp;in&nbsp;<em>NVDA, PLTR, SMCI and SHEL. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.</em></p>



<p><em>The InvestorPlace Research Staff member primarily responsible for this article had a long position in NVDA, PLTR and SMCI. The staff member did not hold (either directly or indirectly) any other positions in the securities mentioned in this article.</em></p>
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<p><strong>Vacasa&nbsp;</strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/vcsa-stock-quote/"><strong>VCSA</strong></a>) layoffs are a hot topic on Friday after the vacation rental management platform operator announced <a href="https://s29.q4cdn.com/743240859/files/doc_financials/2024/q1/Vacasa-Shareholder-Letter-May-2024.pdf">another round of layoffs</a>.</p>



<p>The Vacasa&nbsp;layoffs have the company cutting 800 jobs, which comes to about 13% of its current workforce. This covers 40% of its corporate and central operations roles. The layoffs also affect 6% of its local market field positions.</p>



<p>Here&rsquo;s a portion of what Vacasa&nbsp;said in its shareholder letter announcing the layoffs.</p>




<p>&ldquo;With difficult industry dynamics continuing, we are accelerating the business transformation that is already underway &mdash; to further empower and enable our local teams, with the goal of strengthening our business model. We are implementing a reorganization of the way we operate, by further equipping our field teams to locally manage, and be accountable for, their markets. And, we are significantly reducing our corporate and central operations footprint.&rdquo;</p>




<h2>Growing Vacasa Layoffs</h2>



<p>Investors in VCSA stock will likely remember that this is the <a href="https://skift.com/2024/05/09/vacasa-told-employees-about-layoffs-restructuring-and-leadership-changes/">fourth round of layoffs</a> announced by the company in the last couple of years. That&rsquo;s worth noting as September 2022 was when Rob Greyber took over as the company&rsquo;s CEO. He&rsquo;s been enacting a transformation plan to streamline operations as homeowner&nbsp;churn weighs on its business.</p>



<p>VCSA stock is down 8.2% as of Friday afternoon and is down 24.4% since the start of the year.</p>



<p>Investors will want to stick around for even more of the most recent stock market stories!</p>



<p>We have all of the hottest stock market news that traders need to know about on Friday! Among that is what has shares of <strong>Trump Media &amp; Technology</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a>), <strong>SoundHound AI</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/soun-stock-quote/"><strong>SOUN</strong></a>) and <strong>Nio</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/nio-stock-quote/"><strong>NIO</strong></a>) stock moving today. All of that news is available at the following links!</p>



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



<ul><li><a href="https://investorplace.com/2024/05/djt-stock-alert-truth-social-keeps-losing-users/">DJT Stock Alert: Truth Social Keeps Losing Users</a></li>



<li><a href="https://investorplace.com/2024/05/wedbush-is-pounding-the-table-on-soundhound-ai-soun-stock/">Wedbush Is Pounding the Table on SoundHound AI (SOUN) Stock</a></li>



<li><a href="https://investorplace.com/2024/05/nio-stock-alert-bided-will-reportedly-set-new-tariffs-on-chinese-electric-vehicles/">NIO Stock Alert: Biden Will Reportedly Set New Tariffs on Chinese Electric Vehicles</a></li>
</ul><p><em>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
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<p><strong>Trump Media &amp; Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a>) stock is falling on Friday following news that the company&rsquo;s Truth Social media platform continues to lose users.</p>



<p>According to a report from Similarweb, the <a href="https://www.barrons.com/articles/djt-stock-trump-price-today-14259819">monthly active users</a> at Truth Social were down 23% on April when compared to the month prior. The firm also notes that mobile users on the website had decreased by 13%.</p>



<p>That&rsquo;s bad news for DJT stock, which has already been dealing with troubles since going public earlier this year. That includes the <a href="https://investorplace.com/2024/05/djt-stock-trump-media-fires-accounting-firm-hires-replacement-after-sec-charges/">loss of its auditor</a> after the firm was found to have submitted fraudulent filings to the Securities and Exchange Commission (SEC).</p>



<p>On top of that, former President Donald Trump continues to be <a href="https://apnews.com/article/trump-trial-hush-money-stormy-daniels-d8be160e53c8050bf788d7772f483a64">caught up in a lawsuit</a>. This includes allegations that Trump paid hush money to adult film actress Stormy Daniels.</p>



<h2>DJT Stock Movement Today</h2>



<p>DJT stock is seeing a decent amount of movement on Friday with some 4.6 million shares traded. That&rsquo;s closing in on the company&rsquo;s daily average trading volume of about 6.7 million shares.</p>



<p>DJT stock is down 3.8% as of noon Friday. Even so, the stock is still up nearly 200% since going public earlier this year.</p>



<p>Investors will want to keep reading for more of the latest stock market stories today.</p>



<p>We have all of the hottest stock market news available on Friday! That includes what&rsquo;s happening with shares of <strong>SoundHound AI</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/soun-stock-quote/"><strong>SOUN</strong></a>) stock, <strong>Nio</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/nio-stock-quote/"><strong>NIO</strong></a>) stock and <strong>Sweetgreen&nbsp;</strong>(NYSE:<a href="https://investorplace.com/stock-quotes/sg-stock-quote/"><strong>SG</strong></a>) stock today. You can read up on all of these matters at the links below!</p>



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



<ul><li><a href="https://investorplace.com/2024/05/wedbush-is-pounding-the-table-on-soundhound-ai-soun-stock/">Wedbush Is Pounding the Table on SoundHound AI (SOUN) Stock</a></li>



<li><a href="https://investorplace.com/2024/05/nio-stock-alert-bided-will-reportedly-set-new-tariffs-on-chinese-electric-vehicles/">NIO Stock Alert: Biden Will Reportedly Set New Tariffs on Chinese Electric Vehicles</a></li>



<li><a href="https://investorplace.com/2024/05/rbc-capital-just-raised-its-price-target-on-sweetgreen-sg-stock/">RBC Capital Just Raised Its Price Target on Sweetgreen (SG) Stock</a></li>
</ul><p><em>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
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<p><strong>Oklo </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) stock is a hot topic on Friday as the fast fission clean power technology and nuclear fuel recycling company&rsquo;s shares started trading today.</p>



<p>Let&rsquo;s get into everything <a href="https://finance.yahoo.com/news/oklo-inc-begins-trading-york-115200951.html">investors need to know</a> about OKLO stock going public below!</p>



<h2>OKLO Stock Goes Public</h2>



<ul><li>Oklo is now trading on the <strong>New York Stock Exchange</strong> under the OKLO stock ticker.</li>



<li>This comes after it completed a special purpose acquisition company (SPAC) merger with AltC Acquisition Corp yesterday.</li>



<li>Sam Altman was a major force behind this SPAC merger as he is the chairman of Oklo and previously served as the CEO of AltC Acquisition Corp.</li>



<li>This SPAC merger resulted in Oklo receiving gross proceeds of $306 million.</li>



<li>Oklo intends to use these funds for its business plan, which includes the initial deployment of its Aurora powerhouse.</li>



<li>It plans to use its owner-operator model to generate consistent, recurring revenue and cash flow streams through long-term contracts for power.</li>



<li>The company says there&rsquo;s already interest for its products in the artificial intelligence (<a href="https://investorplace.com/stock-quotes/ai-stock-quote/"><strong>AI</strong></a>), data center, energy, defense, and industrial markets.</li>
</ul><p>Altman said the following about Oklo going public in a news release.</p>




<p>&ldquo;As one of the initial investors in the company, I&rsquo;ve seen first-hand how Oklo has proven itself to be a clean energy leader and innovator, developing a cost-competitive go-to-market strategy, and solidifying important relationships with regulators, customers, and suppliers. There are huge growth opportunities ahead.&rdquo;</p>




<p>OKLO stock is down 30.9% on Friday afternoon.</p>



<p>There are plenty more stock market stories ready to go below!</p>



<p>We have all of the hottest stock market news traders need to know about on Friday! A few examples include what&rsquo;s happening with <strong>Novavax</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nvax-stock-quote/"><strong>NVAX</strong></a>), <strong>Vacasa&nbsp;</strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/vcsa-stock-quote/"><strong>VCSA</strong></a>) and <strong>Trump Media &amp; Technology</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a>) stock today. You can catch up on all of these stories at the following links!</p>



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



<ul><li><a href="https://investorplace.com/2024/05/novavax-sheds-going-concern-warning-as-nvax-stock-pops-on-sanofi-licensing-deal/">Novavax Sheds Going Concern Warning as NVAX Stock Pops on Sanofi Licensing Deal</a></li>



<li><a href="https://investorplace.com/2024/05/vacasa-layoffs-2024-what-to-know-about-the-latest-vcsa-job-cuts/">Vacasa Layoffs 2024: What to Know About the Latest VCSA Job Cuts</a></li>



<li><a href="https://investorplace.com/2024/05/djt-stock-alert-truth-social-keeps-losing-users/">DJT Stock Alert: Truth Social Keeps Losing Users</a></li>
</ul><p><em>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
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<p>It&rsquo;s no secret <strong>AMC </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/amc-stock-quote/"><strong>AMC</strong></a></span>) stock is not doing well right now. It&rsquo;s down 47% year-to-date (<strong>YTD</strong>) and 93% in the last 12 months. Now, AMC is down 94% in the past five years. Its <a href="https://www.marketwatch.com/story/amcs-stock-on-pace-for-biggest-decline-in-a-month-after-preliminary-first-quarter-results-6f2f98e0">stock declined after Q1 results</a> were released last week. This happened despite it exceeding consensus estimates for revenue, adjusted EBITDA, net income and diluted earnings per share (<strong>EPS</strong>).</p>



<p>Nowadays, at-home streaming services offer blockbuster quality films. And major movie studios make their in-theater films available on streaming services much sooner. Plus, attending the movies has become far too expensive at a time when people are budget trimming.</p>



<p>Therefore, plenty of opportunity is on the table for other media companies to benefit. So, instead of buying AMC stock, you should look at these three <a href="https://investorplace.com/industries/communications/media/">media stocks</a> to buy instead.</p>



<h2><strong>Sony Group Corp (SONY)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/sony_sne_1600-300x169.jpg" alt="Sony logo on the side of a building at its offices in Silicon Valley."><div>Source: Sundry Photography / Shutterstock.com</div></div><p>This week&rsquo;s breaking news in media was <strong>Sony&rsquo;s</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/sony-stock-quote/"><strong>SONY</strong></a></span>)<strong> </strong>announcement of its attempt <a href="https://www.nytimes.com/2024/05/05/business/media/sony-apollo-paramount.html">to acquire</a> <strong>Paramount </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/para-stock-quote/"><strong>PARA</strong></a></span>). SONY, led by its bidding group Sony Pictures Entertainment and private equity firm Apollo, offered $26 billion in cash.&nbsp;</p>



<p>Paramount owns several well known channels including Nickelodeon, MTV, CBS and Paramount Pictures. But it has struggled to remain profitable thanks to the decline of cable TV and the underperformance of its streaming service. Sony&rsquo;s offer has strong support from many Paramount shareholders, who would prefer it to the alternative of a <strong>Skydance</strong> merger. </p>



<p>While SONY is down both YTD and in the last 12 months, it is up 70% in the last five years. Considering Sony Group Corp. is involved in many media types like video game software, electronics manufacturing and music, it remains diversified. Thus, this could help protect its overall stock price against major changes in any one sector.</p>



<h2><strong>Reddit (RDDT)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/rddt1600-300x169.jpg" alt="Reddit (RDDT) paper logo lies with envelope full of dollar bills and smartphone. Reddit IPO"><div>Source: Mehaniq / Shutterstock.com</div></div><p>For investors who want to take a little bit more of a risk, consider <strong>Reddit </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/rddt-stock-quote/"><strong>RDDT</strong></a></span>). On Monday, <strong>Bank of America</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/bac-stock-quote/"><strong>BAC</strong></a></span>) <a href="https://in.investing.com/news/reddit-stock-bofa-revists-rddt-after-a-blockbuster-ipo-4170829">raised its target price</a> on Reddit from $45 to $50 per share, maintaining a neutral rating. Then, the company&rsquo;s debut earnings report came out on Tuesday, and the stock climbed 9% to $51.33.</p>



<p><a href="https://www.cnbc.com/2024/05/07/reddit-rddt-q1-2024-earnings.html">Revenue increased</a> 48% to $243 million for the first quarter year-over-year (<strong>YOY</strong>). That beat analysts&rsquo; estimates by 14%. Importantly, it reported an ad revenue increase of 39%. However, it showed an overall net loss of $575.1 million. Still, the number of average daily users was 8% higher than expected.</p>



<p>Compare Reddit to the other social media stock that had an IPO this year, <strong>Trump Media &amp; Technology Group</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a></span>). It just had its <a href="https://www.cnn.com/2024/05/03/business/trump-media-accounting-firm-charged-fraud/index.html">accounting firm charged with massive fraud</a>. Thus, RDDT definitely looks like a much stronger bet.</p>



<h2><strong>IMAX Corp (IMAX)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/imax-stock-1-300x169.jpg" alt="the exterior of an Imax theater"><div>Source: imageAllan / Shutterstock.com</div></div><p>It might seem counterintuitive to suggest a movie-related media stock after lamenting the recent dramatic reduction in theater attendance. But <strong>IMAX</strong> <strong>Corp </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/imax-stock-quote/"><strong>IMAX</strong></a></span>) may offer a unique way to see profits in this industry in the future. </p>



<p>The company collected <a href="https://variety.com/2024/film/news/imax-box-office-second-biggest-year-history-oppenheimer-1235865457/">$1.06 billion worldwide in 2023</a>, the second-largest year in its history. Ticket sales were up 24% from 2022. Also, IMAX saw net income of $25 million in 2023, a turnaround from the previous year&rsquo;s loss of $23 million.</p>



<p>Many people now view a trip to the movies as a special treat, with some choosing films in IMAX theaters to enhance viewer experience. For example, in 2023, IMAX was touted as the best way to watch <em>Oppenheimer</em>. The movie was IMAX&rsquo;s biggest earner in 2023, generating $183.2 million from IMAX screens. Also, it pushed the company to its highest-grossing summer ever in 54 countries, including the U.S. and China.&nbsp;</p>



<p>If IMAX can capture this enthusiasm and translate it into partnerships with more theaters and production companies, it could lead to a decidedly profitable future. </p>



<p>While its stock has been down for the last five years, it is up 13% YTD. But considering four of those years were during the pandemic, that&rsquo;s not surprising.&nbsp;Therefore, the future could be bright for the movie industry&rsquo;s brightest screens.</p>



<p><em>On the date of publication, Philippa Main&nbsp;did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<div><p>Philippa Main is a real estate agent in Virginia and Florida who also does freelance writing, editing, and business development and marketing. She uses her broad knowledge of the real estate market to inform her investing decisions in an array of different industries. She also enjoys working specifically with women to educate them about finance and investing.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/05/3-media-stocks-to-buy-while-amc-continues-falling/">3 Media Stocks to Buy While AMC Continues Falling</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Media Stocks to Buy While AMC Continues Falling

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Bankruptcy is simply a legal proceeding in which companies seek relief when unable to repay their debts. Although it relieves the debt burden, the effects of bankruptcy on a stock are often fatal. Publicly traded companies that declare bankruptcy see their share prices fall dramatically.&nbsp; The hint of bankruptcy alone is often enough to send shares plummeting toward zero.</p>



<p>Fortunately for investors, there are easily identifiable metrics that measure a given company&rsquo;s risk of bankruptcy. Unfortunately, investors often disregard such metrics for various reasons.</p>



<p>The companies discussed below are all flashing red in that regard. Each is susceptible to bankruptcy based on those aforementioned metrics. For that reason, investors should avoid placing their capital in said firms.&nbsp;</p>



<h2>Trump Media &amp; Technology Group (DJT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/dwac1600-300x169.png" alt="In this photo illustration, the Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. DJT stock"><div>Source: rafapress / Shutterstock.com</div></div><p><strong>Trump Media &amp; Technology Group</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a></span>) is the stock behind the social media platform known as Truth Social. A lot has been written about the stock and its connection to former president Donald Trump.</p>



<p>Let&rsquo;s start first with the evidence that the stock is at high risk of a bankruptcy. Investors can simply refer to something known as the Altman Z score in order to discern a given company&rsquo;s bankruptcy risk. Those with a score below 1.8 are considered to be at high risk of bankruptcy in the next two years. DJT stock carries an<a href="https://www.gurufocus.com/term/zscore/DJT"> Altman Z score of -9.78</a>.&nbsp;</p>



<p>Despite its troubles, Trump Media &amp; Technology Group continues to thrive. The stock has risen of late due to multiple pieces of news. One that I find particularly interesting is that <a href="https://investorplace.com/2024/05/djt-stock-trump-media-fires-accounting-firm-hires-replacement-after-sec-charges/">the company fired its auditor</a>. That firm has been accused of massive fraud by the Securities and Exchange Commission. Should investors believe the firm now has a clean auditor as it always desired or that the company chose its previous auditor for obvious reasons? I&rsquo;ll leave that up to you to decide. Regardless, DJT stock is highly dangerous and at risk of bankruptcy.</p>



<h2>Rivian (RIVN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/03/rivn1600-3-300x169.png" alt="A new Rivian R1T truck is seen at a Rivian service center in South San Francisco, California. Rivian Automotive, (RIVN) is an electric vehicle automaker. RIVN stock price predictions"><div>Source: Tada Images / Shutterstock.com</div></div><p><strong>Rivian</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/rivn-stock-quote/"><strong>RIVN</strong></a></span>) stock, like DJT shares above, is clearly at risk of bankruptcy in the next two years. It also has a <a href="https://www.gurufocus.com/term/zscore/RIVN">negative Altman Z score</a> indicating that it could fold at any point in the next 24 months.</p>



<p>There are a couple of points there that investors should be aware of as they pertain to the company&rsquo;s most recent earnings report. Primarily, the statement that the company expects it <a href="https://rivian.com/newsroom/article/rivian-releases-first-quarter-2024-financial-results">will reach gross profitability by the fourth quarter</a> of this year.</p>



<p>The point I want to make there is that gross profit is simply the difference between revenues and cost of revenues. Even if Rivian reaches gross profitability in the fourth quarter it will continue to produce large net losses.</p>



<p>Case in point, the company reported a gross loss of $527 million in the first quarter. That led to a net loss of $1.484 billion. The company lost nearly $39,000 on every vehicle it delivered in Q1.&nbsp;</p>



<p>Even if Rivian ends up avoiding bankruptcy, investors should stay away from the company until it can substantially improve its business overall.</p>



<h2>Peloton Interactive (PTON)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/pton1600-300x169.jpg" alt="Peloton (PTON stock) sign on city storefront. Peloton layoffs"><div>Source: JHVEPhoto / Shutterstock.com</div></div><p>Investors should be able to easily find several good reasons to avoid<strong> Peloton</strong> <strong>Interactive</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/pton-stock-quote/"><strong>PTON</strong></a></span>)&nbsp;stock. Perhaps the most obvious is that the pandemic is over and Peloton&rsquo;s primary catalyst no longer exists. You, me and everyone else have a full array of exercise options available to us. No pandemic lockdowns are preventing us from engaging in any form of exercise week choose.</p>



<p>That&rsquo;s an easy narrative to understand in relation to Peloton&rsquo;s business. Let&rsquo;s put some numbers to it because it makes the risk all that much more obvious. Peloton&rsquo;s <a href="https://www.gurufocus.com/term/ebitda-growth-3y/PTON">EBITDA growth rate is negative 193%</a> over the last three years. It is headed in the direction of increasing losses at an astounding rate. There is essentially no hope left for the company and like the two firms above, Peloton is<a href="https://www.gurufocus.com/term/zscore/PTON"> extraordinarily risky as measured by its Altman Z score</a>.&nbsp;</p>



<p>Investing in the stock is much more likely to result in heartache than elation.</p>



<p><em>On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com </em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em>Publishing Guidelines</em></a><em>.</em></p>
<div><p>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/05/buyer-beware-3-stocks-teetering-on-the-brink-of-bankruptcy-in-2024/">Buyer Beware: 3 Stocks Teetering on the Brink of Bankruptcy in 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Buyer Beware: 3 Stocks Teetering on the Brink of Bankruptcy in 2024

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Although <a href="https://investorplace.com/industries/technology/">tech stocks</a> carried major market indices over the past few years, all isn&rsquo;t well in tech-land. Whether due to interest rates, increased AI enthusiasm that&rsquo;s somewhat misplaced, or just wider tech fatigue, tech stocks seem due for a dip. These are the tech stocks to eject that you need to evacuate from your portfolio. </p>



<p>Of course, not all tech stocks are created equally. Some are truly products of their time, offering a unique value proposition that&rsquo;s made irrelevant by consumer or economic changes, or simply targeting too niche an audience to remain relevant.</p>



<p>These three tech stocks to sell have plenty of imminent downside potential, making them risky bets that will not pay off.</p>



<h2><strong>Trump Media &amp; Technology Group</strong>&nbsp;(DJT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/dwac1600-300x169.png" alt="In this photo illustration, the Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. DJT stock"><div>Source: rafapress / Shutterstock.com</div></div><p><strong>Trump Media &amp; Technology Group&rsquo;s</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/"><strong>DJT</strong></a>) Truth Social platform had a brief window to capitalize on wider social media missteps and trends. Unfortunately for investors, that opportunity has long passed, making this one tech stock to sell.</p>



<p>Truth Social&rsquo;s moment came amid clear instances of de-platforming, censorship and algorithmic cancellation, all of which were once just rumors but ultimately vindicated by leaks and journalist investigations. Back then, there was real potential in creating a large social media ecosystem independent of the bigger names. While other platforms existed, they were often too small or micro-targeted to gain momentum, and few figures could generate as much hype and attention as Trump.</p>



<p>However, protracted legal battles and <a href="https://www.cnbc.com/2024/04/19/citadel-securities-blasts-trump-media-ceo-over-djt-short-sale-letter.html">questionable decision-making</a> by CEO Devin Nunes dashed any hopes of Truth Social becoming a viable competitor. Meanwhile, the continued <strong>X</strong>/<strong>Twitter</strong> rebranding and reorientation addresses nearly every ethos Truth Social champions, and the strategy is succeeding. Global user rates for X are <a href="https://www.statista.com/forecasts/1146722/twitter-users-in-the-world">accelerating</a>, and advertising is finally <a href="https://www.statista.com/statistics/271337/twitters-advertising-revenue-worldwide/">stabilizing</a> despite ongoing calls for advertising boycotts. In contrast, Truth Social&rsquo;s user rates are <a href="https://www.statista.com/statistics/1293120/truth-social-downloads-app/">plummeting</a>, and <a href="https://www.axios.com/2024/04/01/trump-truth-social-revenue-2023">ad revenue</a> is all but invisible.</p>



<h2><strong>Affirm Holdings (AFRM)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/afrm-stock-1-300x169.jpg" alt="Affirm financial stocks to sell"><div>Source: Piotr Swat / Shutterstock.com</div></div><p><strong>Affirm Holdings</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/afrm-stock-quote/"><strong>AFRM</strong></a>) may seem an unusual choice for a list of tech stocks to sell, given its strong performance this year (up 161% since May 2023) and its $10 billion market cap. However, this tech stock is one you should sell immediately, as it faces challenging times ahead.<span><a href="https://investorplace.com/stock-quotes/-stock-quote/"></a></span></p>



<p>Affirm&rsquo;s primary service, buy now, pay later (BNPL), provides consumers with instant micro-loans at the point of purchase. BNPL schemes often attract consumers with lower creditworthiness, which is crucial to understanding AFRM&rsquo;s future risks. With a noticeable increase in credit card <a href="https://fred.stlouisfed.org/series/DRCCLACBS">delinquencies</a>, Affirm will likely face a surge in unpaid BNPL loans.</p>



<p>A closer examination of Affirm&rsquo;s recent financial disclosures reveals a concerning <a href="https://investors.affirm.com/static-files/9fade13f-6489-4203-8516-dfebd4fc103d">$56 million increase</a> in its provision for credit losses (reserves for expected loan defaults) from one quarter to the next, just before summer spending season. This period likely saw increased consumer reliance on Affirm&rsquo;s BNPL offerings, further stretching their financial commitments. Given current consumer financial behaviors and broader economic indicators, Affirm&rsquo;s outlook appears bleak, making it a risky tech stock to hold. Dump this and the rest of these stocks to eject. </p>



<h2>Udemy (UDMY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/udemy-udmy-1600-300x169.jpg" alt="An image of the logo for Udemy through a lens."><div>Source: II.studio / Shutterstock.com</div></div><p><strong>Udemy</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/udmy-stock-quote/"><strong>UDMY</strong></a>) may seem like a great idea, but in an era of abundant free learning opportunities, expecting customers to pay for information they could easily find on YouTube or in books is unrealistic. Although the tech stock has a few big-name corporate clients like <strong>AT&amp;T</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/t-stock-quote/"><strong>T</strong></a>), larger firms will likely increase their in-house production for mandatory training and similar coursework that Udemy offers.</p>



<p>A major concern is Udemy&rsquo;s ability to retain existing customers. The <a href="https://investors.udemy.com/news-releases/news-release-details/udemy-reports-fourth-quarter-and-full-year-2023-results">company reported</a> a 13% increase in total enterprise customers and a 25% increase in recurring revenue in the previous quarter. Sounds promising, right? Not so fast.</p>



<p>Udemy also reported a 9% drop in net dollar retention (how long customers stick around) and a 10% drop in large customer net dollar retention (defined as companies with 1,000 or more employees). These stats indicate that companies aren&rsquo;t sticking around for further service once they get what they need. This trend doesn&rsquo;t bode well for Udemy as it struggles to differentiate itself in a competitive EdTech landscape. Do yourself a favor and drop these stocks to eject. </p>



<p><em>On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the <a href="http://InvestorPlace.com">InvestorPlace.com</a> <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy&rsquo;s work can also be found at <a href="https://jeremyflint.work/">www.jeremyflint.work</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/05/tech-wreck-trio-3-stocks-to-eject-before-they-short-circuit-your-portfolio/">Tech Wreck Trio: 3 Stocks to Eject Before They Short-Circuit Your Portfolio</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Tech Wreck Trio: 3 Stocks to Eject Before They Short-Circuit Your Portfolio

AFRM

BDRBF

EADSY

IMAX

NVAX

NVDA

OKLO

ORCL

PARA

PLTR

PTON

RIVN

SHEL

SMCI

SONY

SOUN

UDMY

VCSA

Opinion

Press Releases

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DWAC

HUBC

IMPP

INBS

MSFT

SCLX

SRNEQ

TSLA

XXII

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

								Get Alert
DJT	Trump Media & Technology Group	05/09/2024	9.23%	57,950,583	5,347,471	9,705,647	1	Get Alert
DJT	Trump Media & Technology Group	04/24/2024	7.92%	57,950,583	4,588,053	6,982,870	1	Get Alert
DJT	Trump Media & Technology Group	04/09/2024	10.13%	57,950,583	5,869,367	16,420,277	1	Get Alert

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Trump Media & Technology Stock (NASDAQ:DJT), Short Interest Report

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