Articles written by Lekha Gupta - Benzinga

Amid Funding Milestones, Analyst Bets On Vertical Aerospace's Strong Engineering And Design Team

Canaccord Genuity analyst maintains Buy rating at Vertical Aerospace with $16 PT. Recent $50M funding commitment expected to support Flightpath 2030 Strategy.

After Carnival's Q4 Performance, Analysts See Smooth Sailing

Analysts revised/maintained price target for CCL after strong Q4 results, with bookings already high for 2025. Multiple analysts have a Buy rating.

Why RAPT Therapeutics Stock Gained Over 100% On Monday?

RAPT Therapeutics partners with Shanghai Jemincare to develop RPT904, a potential alternative to Xolair, for food allergies. $35M upfront payment.

Traws Pharma Stock Rockets On Promising H5N1 Bird Flu Treatment Results

Traws Pharma (NASDAQ: TRAW) shares soar as company reports positive results for single-dose treatment of H5N1 bird flu. No adverse events reported.

Why Are Rigetti Computing Shares Surging On Monday?

Rigetti Computing launches 84-qubit Ankaa-3 quantum computer with improved performance and plans to release a 36-qubit system in 2025, reinforcing its leadership in the field.

Zomedica Unveils New Canine Tests Offering Faster Diagnostics for Heart and Breeding Health

Zomedica Corp (AMEX: ZOM) launches 2 new canine assays for its TRUFORMA platform. NT-proBNP test detects heart failure, progesterone test helps with breeding timing.

Xerox to Expand Global Print Business with $1.5 Billion Lexmark Buyout

Xerox (XRX) to acquire Lexmark for $1.5 billion, enhancing its print portfolio & global presence. It will also lower debt & boost EPS and FCF.

News Corp Sells Foxtel to DAZN for $2.12 Billion, Retains Stake in Global Sports Streaming

News Corp sells Foxtel to DAZN for A$3.4 billion, repays loans, retains 6% equity stake. Focus on growth areas. NWS shares up 0.36% premarket.

Despegar To Be Acquired By Prosus For $1.7 Billion in All Cash Deal

Despegar.com, Corp. (NYSE: DESP) shares surge premarket on Mon as it discloses deal to be acquired by Prosus for $19.50/share in all-cash transaction.

Why Is Faraday Future Intelligent Electric Trading Higher On Monday?

Faraday Future (NASDAQ: FFIE) secures $30 million in financing to strengthen their core business and support development of their new EV brand.

Rocket Lab Ends 2024 With 16th Launch, Stock Gains

Rocket Lab USA, Inc. (NASDAQ: RKLB) shares rise after completing 16th launch of 2021, deploying satellite for Synspective. 100% mission success rate.

Quantum Computing, BlackBerry And Lucid Group Are Among Top Mid Cap Gainers Last Week (December 16-20): Are The Others In Your Portfolio?

The top nine mid-cap stocks from the last week are: Quantum Computing Inc., BlackBerry Limited, IonQ, Inc., Rigetti Computing, Inc., SoundHound AI, Inc., Xometry, Inc., Lucid Group, Inc., Oklo Inc., and Azenta, Inc.

Novo Nordisk, Super Micro Computer And Arm Are Among Top Large Cap Losers Last Week (December 16-20): Are The Others In Your Portfolio?

11 worst-performing large-cap stocks: NVO, VRTX, XPO, SMCI, NU, ARM, MU, PAYC, CTAS, WBD, MNDY. Blame fiscal spending package, Fed rate hike, weak earnings.

Teva Pharmaceutical, Li Auto, And Darden Restaurants Are Among Top Large Cap Gainers Last Week (December 16-20): Are The Others In Your Portfolio?

The top-performing stocks last week were TEVA, KVYO, DRI, DOCS, BIRK, JBL, NBIX, GME, RDY, and LI. Did you have any of them in your portfolio?

Instagram Concerned About Challenge In Distinguishing Real And AI-Generated Images, Apple To Launch Foldable iPhone By 2026 & More: Consumer Tech News (December 16-20)

US approves $406m grant for Taiwan's chipmaker GlobalWafers to enhance production. McConnell urges Supreme Court to reject TikTok's delay request.

Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan

JP Morgan analyst updates ratings, price targets, and forecasts for major North American oil companies. Brent crude expected to average ~$70/bbl in 2025, with focus on defensive positioning and unique re-rating opportunities.

5 High-Flying Stocks In Dan Loeb's Portfolio: Cinemark, Corpay, Amazon Lead

Dan S. Loeb, founder of Third Point, a $7B hedge fund, is known for bold activist strategies that drive transformation in global companies.

Eshallgo Dives Into Tencent Ecosystem With Cloud Gaming Push; Reveals Up To $20 Million Investment Boost

Eshallgo acquires D&K Asset Management and partners with Beijing Liuliuqiu for office integration services and cloud gaming. Also, CS Asia Opportunities Master Fund will become one of the shareholders of EHGO by injecting up to $20 million in equity investment in tranches.

From Self-Drive To Chauffeur Delight: Zoomcar Cabs Tests The Waters In Bengaluru

Zoomcar Holdings, Inc. (NASDAQ: ZCAR) shares down on new pilot program in Bengaluru for Zoomcar Cabs, offering commercial cars with drivers at competitive prices to cater to customer demand for reliable, transparent alternatives to traditional cab services. Expansion planned for 2025.

Stifel Sees Opportunity In DT Midstream Pullback: Upgrades Rating On Diversified Growth Potential

Stifel analyst upgrades DT Midstream to Buy and raises price target, citing attractive opportunity for investors and potential for investment grade upgrade.