Latest news for AiXin Life Intl (OTC:AIXN) Stock

AiXin Life International Inc manufactures, market and sells premium-quality healthcare, nutritional products, and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods, and drinks. The operating segments are products, Pharmacies, Hotels, and manufacturer and sales. It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.

AIXIN LIFE INTL INC by AiXin Life International, Inc.

AiXin Life International Inc

As of Dec. 27, 2024, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">KULR Technology Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KULR#NYSE">KULR</a>)</h3>
<ul>
<li>On Dec. 26, the company announced it invested $21 million in Bitcoin as part of its treasury strategy.. The company's stock surged around 567% over the past month and has a <a href="https://www.benzinga.com/quote/KULR">52-week high of $4.94</a>.</li>
<li>RSI Value: 91&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>KULR Price Action: Shares of KULR Technology jumped 40.4% close at $4.80 on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</h3>
<ul>
<li>Boeing is reportedly witnessing an increased number of its engineers leaving for space companies. The average tenure of a Boeing engineer has dropped to 12.6 years from 16.4 years over the last decade, the Financial Times reported, citing data from the Society of Professional Engineering Employees in Aerospace, a union representing 12,000 Boeing engineers. As per union data, the tenure is shortening in every age bracket. The company's stock gained around 18% over the past month and <a href="https://www.benzinga.com/quote/BA">has a 52-week high</a> of $264.66.</li>
<li>RSI Value: 75</li>
<li>BA Price Action: Shares of Boeing gained 0.6% to close at $180.38 on Thursday.</li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42697989/dow-edges-higher-in-thin-holiday-trading-fear-declines-among-us-investors-but-fear-greed-index-remains-in-fear-zone">Dow Edges Higher In Thin Holiday Trading As Tesla, Apple Surge: Investor Sentiment Improves, But Greed Index Remains In &#8216;Fear&#8217; Zone</a></li>
</ul>

News

Short Ideas

Pre-Market Outlook

Markets

Trading Ideas

KULR

Top 2 Industrials Stocks That May Crash This Month

Legendary Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) co-founder Steve Jobs is credited for his visionary leadership and for revolutionizing entire product categories, ranging from smartphones to tablets and music.
Jobs knew what a MacBook should look like in 1983. While it took the company 25 years to realize Jobs&#8217; vision, Apple stock is now soaring to record highs.
Optimistic Analysts: Analysts at JPMorgan are upbeat about Cupertino's prospects, giving the Apple stock an overweight rating and a price target of $265, implying an upside of over 2%.
"We see upside in several aspects of the business as well as financials that remain underappreciated by investors, namely the transformation of the company to Services, growth in the installed base, technology leadership, and optionality around capital deployment," said JPMorgan analyst Samik Chatterjee <a href="https://www.cnbc.com/2024/12/26/apple-soars-to-a-record-where-jpmorgan-thinks-its-headed-in-2025.html">to</a> CNBC.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Over the past month, Apple stock has gained over 10%, while year-to-date, it is up by over 39%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
What Jobs Said In 1983: Jobs, well known for not just his leadership but also some great speeches, outlined his vision for a notebook.
"Apple strategy is really simple. What we want to do is we want to put an incredibly great computer in a book that you can carry around with you that you can learn how to use in 20 minutes."
"We don't know how to do that. It's impossible technically. So we had three options. One was to do nothing. The second one was to put a piece of garbage computer in a book. And we can do that, but our competitors are doing that, so we don't need to do that," said Jobs.
"The third option was to design the computer that we want to put into the book eventually, even though we can't put into the book now. And right now it fits into a bread box and it's $10,000 and it's called Lisa."
While Lisa was Jobs' dreamchild, MacBook is what he was ultimately aiming for.
"The next thing we will do is we will find a way put it in a shoebox and sell it for like $2,500 and that will be the next step. And finally we'll find a way to get it in a book and sell it for under $1,000."
Bullish Analysts: The overall analyst sentiment is bullish on the AAPL stock – <a href="https://www.benzinga.com/quote/AAPL/analyst-ratings">Benzinga Pro data</a> shows 30 analysts have a consensus buy rating.
Based on the average price target of $286 between Wedbush, Morgan Stanley, and Needham, there&#8217;s an implied 10.51% upside for AAPL stock.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AAPL/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="383" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-1024x383.jpg" alt="" class="wp-image-708932" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-1024x383.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-300x112.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-768x287.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings.jpg 1140w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42682230/tech-bull-predicts-26-upside-for-apple-stock-sees-golden-era-of-growth-for-cupertino-due-to-multi-year-ai-driven-iphone-upgrade-cycle">Tech Bull Predicts 26% Upside For Apple Stock, Sees &#8216;Golden Era Of Growth&#8217; For Cupertino Due To Multi-Year AI-Driven iPhone Upgrade Cycle</a></li>
</ul>
Photo courtesy: Wikimedia

Analyst Color

Equities

Price Target

Tech

AAPL

Steve Jobs Knew What MacBook Should Be Like In 1983 — It Took Apple 25 Years To Bring His Vision To Life: With AAPL Stock At Record Highs, Here's What Analysts Say

Cathie Wood, a well-known U.S. technology investor, is calling for clear tax policies from&nbsp;Donald Trump&#8216;s incoming administration.
What Happened: Wood proposes that tax cuts be retroactively applied from Jan. 1, to boost economic growth and provide policy certainty, Reuters reported on Friday.
&#8220;I see them saying, okay, we&#8217;re going to cut taxes but we will make them retroactive to Jan. 1, 2025. That would be very helpful, I think, in terms of providing certainty for the markets,&#8221; Wood said.
&#8220;If they don&#8217;t, you&#8217;re going to get companies and individuals perhaps holding back. &#8230; I&#8217;m trying to communicate that pretty regularly to anyone who will listen.&#8221;
Wood&#8217;s primary fund, ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), has experienced a 17% increase following Trump&#8217;s electoral win, which is expected to bring about advantageous policy shifts. Stocks such as Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), which are in Wood&#8217;s flagship fund, have already seen notable gains since Nov. 6.
Wood has voiced her support for Trump&#8217;s economic strategies, which include fostering innovation in cryptocurrency and artificial intelligence, streamlining regulations, and reducing government expenses. She stresses the importance of retroactive tax cuts to ensure market stability, cautioning that without them, businesses and individuals may be reluctant to invest.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett's Timeless Advice For Investing $10,000: &#8216;If You're Gonna Do Dumb Things Because Your Stock At All&#8217;</a>
While Wood typically opposes tariffs, she perceives Trump&#8217;s tariff threats as a strategic negotiation tool. Analysts predict that tax reform will be a focal point for the new Republican-majority Congress, with Trump expected to implement key policies through executive orders after his January 20 inauguration.
Wood, who&nbsp;did not financially back Trump&nbsp;in the 2024 election, maintains communication with&nbsp;Elon Musk&nbsp;and&nbsp;Sen. Cynthia Lummis (R &#8211; Wyo.) both of whom are influential in shaping Trump&#8217;s policies. Despite some market fluctuations, Wood remains hopeful about the ongoing influence of the &#8216;Trump bump&#8217; on innovation-driven industries.
Why It Matters: Wood&nbsp;has <a href="https://www.benzinga.com/markets/equities/24/12/42262916/ark-invests-cathie-wood-says-stock-market-will-broaden-out-under-trump-but-growth-wont-be-linear-nothing-goes-up-in-a-straight-line">previously expressed optimism </a>about the stock market&#8217;s potential under Trump&#8217;s leadership. In early December, she shared her belief that the market was beginning to anticipate a shift, noting a broadening out from a concentration on a few stocks. 
This aligns with Trump&#8217;s own positive <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42466189/trump-talks-stocks-bitcoin-ai-economy-with-jim-cramer-youre-going-to-see-some-very-good-days-ahead">outlook on the economy</a>, as he mentioned during a conversation with CNBC&#8217;s Jim Cramer, predicting &#8220;very good days ahead&#8221; for stocks, Bitcoin, and AI. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42678673/michael-jordan-sells-his-massive-luxury-mansion-for-9-5-million-but-it-took-12-years-to-find-a-buyer-and-he-spent-50-million-building-it?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Jordan Sells His Massive Luxury Mansion For $9.5 Million – But It Took 12 Years To Find A Buyer And He Spent $50 Million Building It</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Benzinga YouTube and Unsplash

General

ARKK

COIN

TSLA

Ark Invest's Cathie Wood Urges Trump's Incoming Administration To Implement Retroactive Tax Cuts For Economic Boost From January 1

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/money/best-spot-bitcoin-etfs">spot exchange-traded funds</a> (ETFs) experienced a surge of inflows on Dec. 26, marking a reversal from four consecutive days of net outflows.
What Happened: Bitcoin spot ETFs collectively saw a net inflow of $475 million, with Fidelity's (CBOE: FBTC) leading the charge, securing $254 million, according to <a href="https://sosovalue.com/assets/etf/us-btc-spot">data</a>.
Similarly, Ethereum ETFs recorded a total net inflow of $117 million, with Fidelity&#8216;s (CBOE: FETH) ETF receiving $82.9 million and BlackRock&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) ETF recording $28.1 million.
The turn of events followed a tumultuous week of net outflows, marking a renewed interest in these digital assets from investors.
&#8220;As we conclude the year 2024 on a remarkable note in the crypto space, we are pleased to see that this year has been transformative for the industry as a whole,&#8221; said Vishal Sacheendran, Head of Regional Markets at Binance. 
He added that 2024 showed significant growth and institutional interest, further emboldened by the legalization of spot Bitcoin ETFs in the United States, highlighting the industry&#8217;s resilience.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42690488/are-donald-trumps-ambitious-bitcoin-goals-feasible">Are Donald Trump&#8217;s Ambitious Bitcoin Goals Feasible?</a>
Rahul Pagidipati, CEO of ZebPay, emphasized the increasing mainstream adoption of crypto, with Bitcoin's breaking of its previous all time high. 
&#8220;2024 was a year of tremendous growth and crucial milestones for the crypto industry, driven by groundbreaking events, regulatory milestones, and positive market dynamics,&#8221; Pagidipati said.
Arthur Azizov, CEO at B2BINPAY, highlighted Bitcoin&#8217;s dominance for much of the market rally. 
"The fact that Bitcoin reached $100,000 was a major psychological milestone for many, adding another layer of significance to this eventful year,&#8221; Azizov stated, also noting the potential for a shift in dominance towards Ethereum and other altcoins.
What&#8217;s Next: The rebound in ETF inflows, coupled with expert commentary, indicates a positive outlook for the cryptocurrency market as it heads into 2025.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42688545/bitcoin-investors-should-be-optimistic-ahead-of-2025-heres-why">Bitcoin Investors Should Be Optimistic Ahead Of 2025: Here&#8217;s Why</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

ETHA

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

Fidelity Ethereum Fund Fidelity Ethereum Fund

FETH

Bitcoin, Ethereum ETFs Break 4-Day Outflow Streak, Net $592 Inflows On Thursday

XCHG Says Its Gridlink Has Achieved Certification In The US, Setting New Standards For Safety And Efficiency

Contracts

RDCM

Radcom Entered Into Multi-year, Low Eight-Figures, U.S. Dollars Agreement With Existing North American Customer To Further Develop Advanced Software Features For Its Radcom Ace Solution

CARA

Cara Therapeutics Announces 1-for-12 Reverse Stock Split Of Its Outstanding Shares Of Common Stock And Reduction In Total Number Of Authorized Shares From 200M To 16.66M, Which Will Be Effective On December 30

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Tim SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIMB#NYSE">TIMB</a>)</h3>
<ul>
<li>On Dec. 19, Goldman Sachs analyst Vitor Tomita maintained TIM with a Neutral and lowered the price target from $16.2 to $14. The company's stock fell around 14% over the past month and has a <a href="https://www.benzinga.com/quote/TIMB">52-week low of $11.76</a>.</li>
<li>RSI Value: 28&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>TIMB Price Action: Shares of Tim fell 2.2% to close at $11.81 on Thursday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1">TIMB news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="832" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061446/image-215.png" alt="" class="wp-image-709045" style="width:599px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061446/image-215.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061446/image-215-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061446/image-215-768x716.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
<h3 class="wp-block-heading">Gray Television Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTN#NYSE">GTN</a>)</h3>
<ul>
<li>On Dec. 18, Atlanta Braves partnered with Gray Media to simulcast 15 regular season games. The company's stock fell around 28% over the past month and <a href="https://www.benzinga.com/quote/GTN">has a 52-week low</a> of $2.91.</li>
<li>RSI Value: 24</li>
<li>GTN Price Action: Shares of Gray Television gained 3% to close at $3.12 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1">GTN stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="832" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061540/image-216.png" alt="" class="wp-image-709050" style="width:545px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061540/image-216.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061540/image-216-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061540/image-216-768x701.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">Electronic Arts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>)</h3>
<ul>
<li>On Dec. 18, Stifel analyst Drew Crum downgraded Electronic Arts from Buy to Hold and maintained the price target of $167. The company's stock fell around 9% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/NEE">low of $124.96</a>.</li>
<li>RSI Value: 26</li>
<li>EA Price Action: Shares of Electronic Arts slipped 0.1% to close at $149.07 on Thursday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1">breakout in EA shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="872" height="848" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061654/image-217.png" alt="" class="wp-image-709056" style="width:567px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061654/image-217.png 872w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061654/image-217-300x292.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27061654/image-217-768x747.png 768w" sizes="(max-width: 872px) 100vw, 872px" /></a></figure>
Read This More: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42697989/dow-edges-higher-in-thin-holiday-trading-fear-declines-among-us-investors-but-fear-greed-index-remains-in-fear-zone">Dow Edges Higher In Thin Holiday Trading As Tesla, Apple Surge: Investor Sentiment Improves, But Greed Index Remains In &#8216;Fear&#8217; Zone</a></li>
</ul>

Long Ideas

TIMB

Top 3 Tech And Telecom Stocks That May Rocket Higher In Q4

AerCap Holdings Inks Sale And Leaseback Agreement For One New Boeing 787-9 Aircraft With TAAG Angola Airlines, Aircraft Is Scheduled To Deliver To TAAG In February 2025

HC Wainwright &amp; Co. analyst Ed Arce reiterates Assembly Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASMB#NASDAQ">ASMB</a>) from Neutral to Neutral.

Reiteration

Analyst Ratings

ASMB

HC Wainwright & Co. Reiterates Neutral on Assembly Biosciencesto Neutral

SRFM

Surf Air Mobility Says Chairman Carl Albert, And Co-founder Sudhin Shahani, Purchased 14,500 Shares And 17,237 Shares, Respectively, Of The Company's Common Stock, For An Aggregate Purchase Price Of Approximately $110,000, In Open Market Transactions

AMED

Amedisys-UnitedHealth Announced In Filing Earlier, They Extended Merger Deadline Until December 31, 2025

On Thursday, December 26, U.S. markets closed mixed. The Dow Jones Industrial Average rose slightly, marking its fifth straight gain despite light trading and higher Treasury yields. The S&amp;P 500 and Nasdaq slipped, breaking recent streaks. Megacap tech stocks faced pressure, though Apple edged closer to a $4 trillion valuation. Seasonal trends and optimism around AI-driven profits continue to support year-end market hopes.
In economic data, U.S. initial jobless claims dropped by 1,000 in the second week of December, reaching 219,000, slightly below market expectations of 224,000.
S&amp;P 500 sectors gained, led by healthcare, financial, and real estate stocks, while consumer discretionary and communication services declined.
The Dow Jones Industrial Average was up 0.07% and closed at 43,325.80, the S&amp;P 500 closed lower by 0.04% at 6,037.59, and the Nasdaq Composite fell 0.05% to finish at 20,020.36.
Asia Markets Today
<ul>
<li>On Friday, Japan&#8217;s Nikkei 225 gained 1.77% and ended the session at 40,277.50, led by gains in the Shipbuilding, Automobiles &amp; Parts, and Chemical, Petroleum &amp; Plastic sectors.</li>
<li>Australia&#8217;s S&amp;P/ASX 200 closed higher by 0.50% at 8,261.80, led by gains in the Gold, Consumer Discretionary and Financials sectors.</li>
<li>India&#8217;s Nifty 50 rose 0.35% to 23,832.45, and Nifty 500 was up 0.10%, closing at 22,453.25, led by gains in the Auto, IT, and Banking sectors.</li>
<li>China&#8217;s Shanghai Composite rose 0.06% to close at 3,400.14, while the Shenzhen CSI 300 slid 0.16%, finishing the day at 3,981.03.</li>
<li>Hong Kong&#8217;s Hang Seng closed the session lower by 0.04% at 20,090.46.</li>
</ul>
Eurozone at 06:00 AM ET
<ul>
<li>The European STOXX 50 was up 0.56%.</li>
<li>Germany&#8217;s DAX rose 0.38%.</li>
<li>France&#8217;s CAC gained 0.56%.</li>
<li>U.K.&#8217;s FTSE 100 was trading higher by 0.08%.</li>
</ul>
Commodities at 06:00 AM ET
<ul>
<li>Crude Oil WTI was trading higher by 0.86% at $70.23/bbl, and Brent was up 0.76% at $73.41/bbl.</li>
<li>Oil prices edged higher, supported by expectations of a stimulus-driven economic recovery in China and declining U.S. crude inventories, but gains were limited by a stronger U.S. dollar.</li>
<li>Natural Gas rose 2.98% to $3.418.</li>
<li>Gold was trading lower by 0.48% at $2,641.16, Silver was down 0.80% to $30.340 and slid 0.28% to $4.1158.</li>
</ul>
U.S. Futures at 06:00 AM ET
Dow futures were down 0.31%, S&amp;P 500 futures declined 0.36%, and Nasdaq 100 futures slid 0.38%.
Forex at 06:00 AM ET
<ul>
<li>The U.S. Dollar Index was down 0.06% to 108.07, USD/JPY fell 0.16% to 157.75, and USD/AUD rose 0.19% to 1.6101.</li>
<li>The U.S. dollar is set for a 7% annual gain, driven by strong growth and cautious Federal Reserve rate cuts, while the yen and euro weakened amid diverging global monetary policies.</li>
</ul>
Image via Shutterstock

Asia

Emerging Markets

Eurozone

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Europe And Asia Markets Gain; Dollar Set For 7% Annual Gain - Global Markets Today While Us Slept

Shares of&nbsp;GameStop Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) saw a decline of 2.09% during pre-market hours following an initial surge driven by social media activity as per <a href="https://pro.benzinga.com">Benzinga Pro.</a>
The stock&#8217;s initial rise was triggered by a post from&nbsp;Keith Gill, also known as &#8220;Roaring Kitty,&#8221; who shared a mysterious image on X, formerly known as Twitter. This post, made on Dec. 25, featured a wrapped ‘Christmas Present' and sparked speculation among retail investors, leading to a 7.68% increase&nbsp;in after-hours trading on Robinhood,&nbsp;with shares reaching a peak of $33.50. However, the stock later declined as investors took profits.
Meme stocks like GameStop often gain momentum&nbsp;through viral popularity and speculative&nbsp;trading, which are heavily influenced by social media and active retail communities. While these stocks can offer significant gains, they are also known for their high volatility and the risk of substantial losses.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett's Timeless Advice For Investing $10,000: &#8216;If You're Gonna Do Dumb Things Because Your Stock At All&#8217;</a>
Despite the recent surge in activity, GameStop&#8217;s stock holds&nbsp;a consensus price target of&nbsp;$10 from analysts, with&nbsp;Wedbush&nbsp;maintaining this target since Sep. 11. The&nbsp;average price target of $9.33&nbsp;suggests a potential downside of 71.10% from current levels, according to the latest analyst ratings.
The recent social media-driven surge in GameStop shares is reminiscent of the 2021 meme stock phenomenon, where retail investors, fueled by platforms like Reddit, drove up the prices of certain stocks, including GameStop. 
Meme stocks gain their fame through viral popularity and speculative trading, fueled primarily by social media buzz and active retail investor communities. While they can deliver quick, substantial gains, they also carry extreme volatility and the potential for heavy losses.
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

GameStop Shares Dip In Friday's Premarket After Surging Nearly 6% In Last Session, Fueled By Roaring Kitty's 'Christmas Present'

Planemaker Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is reportedly witnessing an increased number of its engineers leaving for space companies. 
What Happened: The average tenure of a Boeing engineer has dropped to 12.6 years from 16.4 years over the last decade, the Financial Times <a href="https://www.ft.com/content/5dea45ef-25c7-4b5c-ad8a-9984ec66bf53">reported</a>, citing data from the Society of Professional Engineering Employees in Aerospace, a union representing 12,000 Boeing engineers. As per union data, the tenure is shortening in every age bracket.
The departure of engineering talent could make it harder for the company to launch a new plane, the report noted, while adding that the struggling plane maker is serving as a good place for space companies like SpaceX and Blue Origin to poach talent from.
While rival space companies continue to aim big and develop new vehicles, Boeing is <a href="https://www.benzinga.com/tech/24/12/42377203/boeing-chief-lobbyist-ziad-ojakli-leaves-troubled-planemaker-report">yet to announce a new plane</a>, FT noted. 
"Boeing is an airplane company and at the right time in the future, we need to develop a new airplane. But we have a lot of work to do before then," Ortberg said during the company&#8217;s third-quarter earnings call.
Boeing did not immediately respond to <a href="http://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comment.
Why It Matters: Boeing has been struggling since the start of the year when a door panel flew off an Alaska Airlines jet manufactured by the company. 
Later in the year, technical issues were identified with the Starliner spacecraft manufactured by the company, causing space agency NASA to opt out of bringing back the two astronauts who flew on Starliner to the International Space Station on the same spacecraft. The astronauts are now slated to return to Earth on a SpaceX Dragon spacecraft no earlier than March. 
Boeing CEO Kelly Ortberg said in October that Boeing would downsize its workforce by 10%. The layoff is <a href="https://www.benzinga.com/markets/equities/24/10/41301576/boeing-announces-10-workforce-reduction-amidst-ongoing-struggles-impacting-nearly-17k-employees">expected to impact nearly 17,000 jobs</a>. Ortberg then said that the layoffs are necessary to align with Boeing's financial reality and future recovery plans.
Price Action: Boeing shares closed up 0.6% at $180.38 on Thursday. The stock is down 28.4% year-to-date, according to data from Benzinga Pro. 
Boeing has a consensus price target of $197.85 based on the ratings of 23 analysts tracked by Benzinga. The analysts have a consensus &#8220;buy&#8221; rating on the stock.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="923" height="338" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27060611/image-214.png" alt="" class="wp-image-709030" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27060611/image-214.png 923w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27060611/image-214-300x110.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27060611/image-214-768x281.png 768w" sizes="(max-width: 923px) 100vw, 923px" /></figure>
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photo courtesy: Shutterstock

Boeing Engineers Leave Struggling Planemaker For Space Companies: Report

Burford Capital Reveals Issuance Of New Ordinary Shares In Connection With Long Term Incentive Plan

IDYA

IDEAYA Biosciences Says Its Board Of Directors Granted Non-qualified Stock Options To Purchase An Aggregate Of 31,400 Shares Of  Company's Common Stock To A Newly Hired Employee

Management

So-Young International Has Appointed Ms. Gefei Li As COO

BeiGene, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>, HKEX: 06160, SSE: 688235))), a global oncology company that intends to change its name to BeOne Medicines Ltd., today announced the U.S. Food and Drug Administration (FDA) has approved TEVIMBRA&#xAE; (tislelizumab-jsgr), in combination with platinum and fluoropyrimidine-based chemotherapy, for the first-line treatment of unresectable or metastatic HER2-negative gastric or gastroesophageal junction adenocarcinoma (G/GEJ) in adults whose tumors express PD-L1 (≥1).
"Today's FDA approval of TEVIMBRA for the treatment of gastric or gastroesophageal junction cancers in PD-L1 positive adult patients marks a significant step forward in our mission to deliver transformative therapies to patients with cancer," said Mark Lanasa, M.D., Ph.D., Chief Medical Officer, Solid Tumors at BeiGene. "This is the second U.S. approval for TEVIMBRA this year, underscoring its potential to address critical needs in oncology. We remain deeply grateful to the patients, clinicians, and researchers whose commitment and courage have made this progress possible—and we look forward to building on this momentum in 2025."
The additional indication for first-line G/GEJ cancers is based on results from BeiGene's RATIONALE-305 (<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fclinicaltrials.gov%2Fstudy%2FNCT03777657&amp;esheet=54171021&amp;newsitemid=20241227403101&amp;lan=en-US&amp;anchor=NCT03777657&amp;index=1&amp;md5=30e9cd81ec8a563b14e02fe5d32103f4">NCT03777657</a>), a randomized, double-blind, placebo-controlled, global Phase 3 trial to evaluate the efficacy and safety of TEVIMBRA in combination with chemotherapy as a first-line treatment for adult patients with advanced unresectable or metastatic G/GEJ cancer. The study met its primary endpoint and demonstrated a statistically significant and clinically meaningful overall survival (OS) benefit with a median OS of 15.0 months for patients treated with TEVIMBRA in combination with the investigator's choice of chemotherapy compared to 12.9 months for patients treated with placebo plus chemotherapy (n=997; HR: 0.80 [95% CI: 0.70, 0.92]; P=0.0011), resulting in a 20% reduction in the risk of death.
The pooled safety data in the application included 1,972 patients who received TEVIMBRA monotherapy in two randomized open-label, active-controlled studies (RATIONALE-302, BGB-A317-303) and five open-label, single-arm studies (BGB-A317-208, BGB-A317-204, BGB-A317-203, BGB-A317-102, BGB A317_Study_001), which enrolled 307 patients with esophageal squamous cell carcinoma and 1,665 patients with advanced or recurrent tumors. The most common Grade 3 or 4 adverse reactions for TEVIMBRA given in combination with chemotherapy were neutropenia, thrombocytopenia, anemia, fatigue, hypokalemia, hyponatremia, pneumonia, decreased appetite, rash, lymphopenia, alanine aminotransferase increased, aspartate aminotransferase increased, diarrhea, pneumonitis, and hepatitis.
TEVIMBRA is also approved in the U.S. as monotherapy for the treatment of adult patients with unresectable or metastatic esophageal squamous cell carcinoma (ESCC) after prior systemic chemotherapy that did not include a PD-(L)1 inhibitor. An additional Biologics License Application (BLA) is under review at the FDA for the first-line treatment of adult patients with locally advanced unresectable or metastatic ESCC.

Government

Regulations

BGNE

BeiGene Gains FDA Nod for TEVIMBRA, Marking Key Progress in Oncology Treatments

Larry Ellison closes out a remarkable year as Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) sees its strongest stock rally since the dot-com era, adding nearly $75 billion to Ellison&#8217;s net worth.
What Happened: Oracle&#8217;s shares have climbed 63% in 2024, significantly outpacing the S&amp;P 500&#8217;s 27% gain. This boost has elevated Ellison&#8217;s net worth to over $217 billion, positioning him just behind&nbsp;Elon Musk&nbsp;and&nbsp;Jeff Bezos&nbsp;in global wealth rankings, according to Forbes, CNBC <a href="https://www.cnbc.com/2024/12/26/larry-ellison-net-worth-jumps-on-oracle-gains-as-he-turns-80.html">reported</a> on Friday.
Oracle&#8217;s success is linked to its strategic moves in the AI sector, leveraging its cloud infrastructure technology. Partnerships with companies like OpenAI and Meta have bolstered Oracle&#8217;s market presence. Despite a recent earnings report that fell short of expectations, Ellison remains optimistic about future growth.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42678673/michael-jordan-sells-his-massive-luxury-mansion-for-9-5-million-but-it-took-12-years-to-find-a-buyer-and-he-spent-50-million-building-it?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Jordan Sells His Massive Luxury Mansion For $9.5 Million – But It Took 12 Years To Find A Buyer And He Spent $50 Million Building It</a>
Oracle&#8217;s revenue is projected to grow by about 10% in the current fiscal year, marking its second-strongest expansion since 2011. Ellison&#8217;s leadership and strategic partnerships, including recent collaborations with Microsoft and Amazon, are expected to drive further growth.
Why It Matters: The rise in Oracle&#8217;s stock is largely attributed to its strategic positioning in the AI sector.&nbsp;Dan Ives highlighted <a href="https://www.benzinga.com/markets/equities/24/12/42404918/oracle-positioned-to-benefit-from-enterprise-revolution-says-dan-ives-the-software-phase-of-the-ai-revolution-is-now-here">Oracle&#8217;s potential to benefit</a> from the enterprise software AI revolution. He emphasized Oracle&#8217;s competitive edge in the enterprise space, particularly its cloud infrastructure and software stack.
Despite a&nbsp;<a href="https://www.benzinga.com/news/earnings/24/12/42400723/oracle-q2-earnings-revenue-miss-eps-miss-ai-growth-ellison-says-opportunity-is-unimaginable">recent earnings report</a>&nbsp;that missed expectations, Oracle reported a 9% year-over-year increase in second-quarter revenue. Ellison described the AI growth opportunity as &#8220;unimaginable,&#8221; underscoring the company&#8217;s focus on expanding its cloud and AI capabilities.
Oracle&#8217;s strategic moves and partnerships in AI and cloud technology are expected to continue driving its growth, making it a key player in the evolving tech landscape.
Price Action: Oracle was trading 0.21% lower on Friday during pre-market hours, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>. 
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Flickr

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