JPMorgan BetaBuilders MSCI U.S. REIT ETF (BATS: BBRE)

Latest news for JPMorgan BetaBuilders MSCI U.S. REIT ETF (BATS:BBRE)

Real Estate

Other

The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is a free-float adjusted market-cap weighted index designed to measure the performance of U.S. equity real estate investment trust (REIT) securities. The fund may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index.

Prologis Inc

Equinix, Inc.

Welltower Inc.

Simon Property Group Inc

Public Storage

Realty Income Corp.

Digital Realty Trust Inc.

Extra Space Storage Inc.

Iron Mountain Inc.

Vici Properties Inc

JPMorgan BetaBuilders MSCI US REIT ETF

JPMorgan BetaBuilders MSCI U.S. REIT ETF

Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) will release earnings results for its fourth quarter, before the <a href="https://www.benzinga.com/quote/MS/earnings">opening bell on Thursday, Jan. 16, 2025.</a>
Analysts expect the New York-based company to report quarterly earnings at $1.67 per share, up from 85 cents per share in the year-ago period. Morgan Stanley projects to report revenue of $14.99 billion for the recent quarter, compared to $12.9 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Morgan Stanley Smith Barney LLC has agreed to pay a $15 million penalty to settle Securities and Exchange Commission charges for failing to prevent four financial advisors from stealing millions in client funds, the SEC announced on Dec. 9.
Morgan Stanley shares gained 0.8% to close at $127.86 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/MS/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>B of A Securities analyst Michael Carrier maintained a Buy rating and raised the price target from $140 to $146 on Jan. 7, 2025. This analyst has an accuracy rate of 80%.</li>
<li>JP Morgan analyst Kian Abouhossein maintained a Neutral rating and boosted the price target from $100 to $104 on Dec. 6, 2024. This analyst has an accuracy rate of 69%.</li>
<li>Keefe, Bruyette &amp; Woods analyst David Konrad maintained a Market Perform rating and raised the price target from $121 to $138 on Dec. 3, 2024. This analyst has an accuracy rate of 73%.</li>
<li>HSBC analyst Saul Martinez downgraded the stock from Buy to Hold and raised the price target from $128 to $131 on Nov. 26, 2024. This analyst has an accuracy rate of 73%.</li>
<li>Citigroup analyst Keith Horowitz maintained a Neutral rating and raised the price target from $105 to $135 on Nov. 25, 2024. This analyst has an accuracy rate of 78%.</li>
</ul>
Considering buying MS stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="573" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09122506/image-52-1024x573.png" alt="" class="wp-image-726556" style="width:581px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09122506/image-52-1024x573.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09122506/image-52-300x168.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09122506/image-52-768x430.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09122506/image-52.png 1120w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next:<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/42873668/jim-cramer-lemonade-is-up-too-much-this-health-care-stock-can-go-lower"> </a>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/42873668/jim-cramer-lemonade-is-up-too-much-this-health-care-stock-can-go-lower">Jim Cramer: Lemonade Is &#8216;Up Too Much,&#8217; This Health Care Stock Can Go Lower (UPDATED)</a></li>
</ul>

Earnings

News

Price Target

Markets

Analyst Ratings

Trading Ideas

Morgan Stanley Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOOGL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$195.00</td>
<td>$39.0K</td>
<td>8.2K</td>
<td>23.8K</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/24/25</td>
<td>$615.00</td>
<td>$125.8K</td>
<td>510</td>
<td>3.8K</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$875.00</td>
<td>$45.6K</td>
<td>315</td>
<td>774</td>
</tr>
<tr>
<td>GOOG</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$160.00</td>
<td>$146.8K</td>
<td>3.2K</td>
<td>200</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on January 10, 2025. Parties traded 284 contract(s) at a $195.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $137.0 per contract. There were 8231 open contracts at this strike prior to today, and today 23811 contract(s) were bought and sold. 
• Regarding META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we observe a call option sweep with neutral sentiment. It expires in 15 day(s) on January 24, 2025. Parties traded 77 contract(s) at a $615.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $125.8K, with a price of $1635.0 per contract. There were 510 open contracts at this strike prior to today, and today 3835 contract(s) were bought and sold. 
• For NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 60 contract(s) at a $875.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $760.0 per contract. There were 315 open contracts at this strike prior to today, and today 774 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a put option trade that happens to be neutral, expiring in 372 day(s) on January 16, 2026. This event was a transfer of 200 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $146.8K, with a price of $734.0 per contract. There were 3234 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

GOOG

GOOGL

NFLX

4 Communication Services Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$400.00</td>
<td>$30.6K</td>
<td>14.3K</td>
<td>93.1K</td>
</tr>
<tr>
<td>XPEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$13.00</td>
<td>$31.2K</td>
<td>3.1K</td>
<td>730</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$55.00</td>
<td>$98.7K</td>
<td>2.5K</td>
<td>578</td>
</tr>
<tr>
<td>GAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$23.50</td>
<td>$40.0K</td>
<td>1.5K</td>
<td>461</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$240.00</td>
<td>$25.8K</td>
<td>1.2K</td>
<td>100</td>
</tr>
<tr>
<td>EDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$59.42</td>
<td>$27.0K</td>
<td>128</td>
<td>60</td>
</tr>
<tr>
<td>TJX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$85.00</td>
<td>$105.5K</td>
<td>3</td>
<td>28</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$1640.00</td>
<td>$25.0K</td>
<td>0</td>
<td>10</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 45 contract(s) at a $400.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.6K, with a price of $680.0 per contract. There were 14336 open contracts at this strike prior to today, and today 93131 contract(s) were bought and sold. 
• Regarding XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we observe a call option trade with bullish sentiment. It expires in 98 day(s) on April 17, 2025. Parties traded 200 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $31.2K, with a price of $156.0 per contract. There were 3109 open contracts at this strike prior to today, and today 730 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a put option trade that happens to be bullish, expiring in 736 day(s) on January 15, 2027. This event was a transfer of 250 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $98.7K, with a price of $395.0 per contract. There were 2574 open contracts at this strike prior to today, and today 578 contract(s) were bought and sold. 
• Regarding GAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on January 17, 2025. Parties traded 445 contract(s) at a $23.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $90.0 per contract. There were 1505 open contracts at this strike prior to today, and today 461 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on January 17, 2025. Parties traded 6 contract(s) at a $240.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $4310.0 per contract. There were 1246 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For EDU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>), we notice a call option trade that happens to be bullish, expiring in 372 day(s) on January 16, 2026. This event was a transfer of 17 contract(s) at a $59.42 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $1590.0 per contract. There were 128 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold. 
• For TJX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>), we notice a call option trade that happens to be bullish, expiring in 98 day(s) on April 17, 2025. This event was a transfer of 28 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $105.5K, with a price of $3770.0 per contract. There were 3 open contracts at this strike prior to today, and today 28 contract(s) were bought and sold. 
• For MELI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), we notice a put option trade that happens to be bearish, expiring in 708 day(s) on December 18, 2026. This event was a transfer of 1 contract(s) at a $1640.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $25010.0 per contract. There were 0 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CVNA

New Oriental Education & Technology Group

MELI

TSLA

XPEV

8 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$141.00</td>
<td>$27.7K</td>
<td>51.7K</td>
<td>71.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$330.00</td>
<td>$31.9K</td>
<td>3.1K</td>
<td>17.1K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$425.00</td>
<td>$33.6K</td>
<td>4.4K</td>
<td>10.9K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$69.00</td>
<td>$28.0K</td>
<td>5.8K</td>
<td>7.3K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$240.00</td>
<td>$73.0K</td>
<td>8.7K</td>
<td>4.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/31/25</td>
<td>$240.00</td>
<td>$60.9K</td>
<td>6.4K</td>
<td>2.7K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.00</td>
<td>$176.0K</td>
<td>8.4K</td>
<td>1.6K</td>
</tr>
<tr>
<td>IONQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$22.50</td>
<td>$47.2K</td>
<td>371</td>
<td>741</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$35.00</td>
<td>$69.6K</td>
<td>22</td>
<td>470</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/10/25</td>
<td>$330.00</td>
<td>$61.0K</td>
<td>814</td>
<td>466</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 157 contract(s) at a $141.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $177.0 per contract. There were 51798 open contracts at this strike prior to today, and today 71615 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on January 10, 2025. Parties traded 47 contract(s) at a $330.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $680.0 per contract. There were 3109 open contracts at this strike prior to today, and today 17111 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 150 contract(s) at a $425.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $224.0 per contract. There were 4490 open contracts at this strike prior to today, and today 10942 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option trade that happens to be bullish, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 200 contract(s) at a $69.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $140.0 per contract. There were 5867 open contracts at this strike prior to today, and today 7376 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bullish sentiment. It expires in 8 day(s) on January 17, 2025. Parties traded 360 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $73.0K, with a price of $203.0 per contract. There were 8796 open contracts at this strike prior to today, and today 4689 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option trade that happens to be bearish, expiring in 22 day(s) on January 31, 2025. This event was a transfer of 127 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $60.9K, with a price of $480.0 per contract. There were 6456 open contracts at this strike prior to today, and today 2727 contract(s) were bought and sold. 
• For CORZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 17, 2025. This event was a transfer of 800 contract(s) at a $12.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $176.0K, with a price of $220.0 per contract. There were 8418 open contracts at this strike prior to today, and today 1651 contract(s) were bought and sold. 
• For IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we notice a put option sweep that happens to be bullish, expiring in 43 day(s) on February 21, 2025. This event was a transfer of 193 contract(s) at a $22.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.2K, with a price of $245.0 per contract. There were 371 open contracts at this strike prior to today, and today 741 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bullish, expiring in 36 day(s) on February 14, 2025. This event was a transfer of 200 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $69.6K, with a price of $348.0 per contract. There were 22 open contracts at this strike prior to today, and today 470 contract(s) were bought and sold. 
• For APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we notice a put option trade that happens to be neutral, expiring in 1 day(s) on January 10, 2025. This event was a transfer of 100 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $61.0K, with a price of $610.0 per contract. There were 814 open contracts at this strike prior to today, and today 466 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

AVGO

Core Scientific, Inc. - Class A Common Stock

CORZ

IONQ

MSFT

MSTR

NVDA

PLTR

SMCI

10 Information Technology Stocks With Whale Alerts In Today's Session

California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires have left at five people dead and almost 180,000 evacuated from their homes due to <a href="https://www.benzinga.com/25/01/42899028/la-wildfire-damages-estimated-above-52-billion-california-property-insurance-crisis">multiple wildfires</a>. 
Here's the latest.
What Happened: Areas near Los Angeles, California have <a href="https://www.benzinga.com/general/entertainment/25/01/42888380/los-angeles-fires-shut-down-production-of-tv-shows-fallout-abbott-elementary-hacks-film-premieres-canceled-critics-choice-awards-delayed">been hardest hit</a> by one of the most destructive wildfire events in the state.
At least five people are dead, found in buildings in Altadena, where the Eaton Fire exploded Tuesday night, as <a href="https://www.latimes.com/california/story/2025-01-08/fire-weather-fierce-winds-los-angeles">reported </a>by the LA Times.
179,783 people are under evacuation orders as of Thursday, according to Los Angeles Sheriff Robert Luna, <a href="https://www.nbcnews.com/weather/wildfires/live-blog/california-wildfires-live-updates-deadly-blazes-spread-hollywood-hills-rcna186927">NBC News </a>reported. Another 200,000 face evacuation warnings. 
Over 2,000 buildings have been burned. Multiple fires continue blazing Thursday and have not been contained.
&#8220;What we saw here in the last 24 hours is unprecedented," LAPD Chief Jim McDonnell said Wednesday. "I've never seen anything like this."
Limited resources including a lack of firefighters, firetrucks and water in fire hydrants have been reported in several regions.
California Gov. Gavin Newsom has called on the National Guard for its assistance in helping with evacuation orders and to assist with the devastating fires.
Read Also: <a href="https://www.benzinga.com/general/space/25/01/42892886/spacex-ceo-elon-musk-offers-free-starlink-terminals-to-los-angeles-areas-affected-by-wildfires">SpaceX CEO Elon Musk Offers Free Starlink Terminals To Los Angeles Areas Affected By Wildfires</a>
Utility Stocks in Focus: Utility companies including Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) and San Diego Gas &amp; Electric, which is owned by Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>), began cutting power to customers to reduce fire risk ahead of elevated winds during the week, as reported by The New York Times.
Edison plans to continue utility shutoffs for customers through Friday after already cutting power to over 150,000 customers.
Restoration of power for customers will depend on future weather, the containment of fires and inspections of power lines.
"Our top concern right now is the safety of our customers, crew members and emergency personnel," Edison spokesman David Eisenhauer said.
Edison <a href="https://www.businesswire.com/news/home/20250108156871/en/Edison-International-Provides-Update-on-Southern-California-Wildfires-and-SCE-Power-Outages">said </a>the fires, which it called an "extreme weather event," are an evolving situation it is monitoring.
"Safety remains our number one priority for customers, employees and our communities," the company said.
Public safety power shutoffs have been conducted by SDG&amp;E due to the dry conditions and Santa Ana winds, the company <a href="https://www.sdgetoday.com/news/sdge-responds-extreme-weather-continued-public-safety-power-shutoffs-0">said </a>Wednesday. The proactive measure is being done to protect public safety and help reduce wildfire risk.
A statement from Pacific Gas &amp; Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) <a href="https://www.pge.com/en/newsroom/currents/safety/southern-california-wildfires--pg-e-crews--helicopters-and-wildf.html">said </a>the company has sent helicopters and wildlife resources to the region to help with the fires, including two Blackhawk helicopters.
PG&amp;E said it is monitoring conditions in its serviced areas including Kern, Santa Barbara and San Luis Obispo counties.
Edison stock was <a href="https://www.benzinga.com/news/25/01/42894683/los-angeles-wildfires-stoke-investor-fears-edison-internationals-stock-ended-10-lower-on-wednesday-amid-concerns-over-possible-equipment-links-to-forest-fires">hit the hardest</a> of the utility companies connected to the California wildfires, falling 10% to $69.50 on Wednesday. The stock is now down 5% over the last year.
Pacific Gas &amp; Electric shares fell 4% to $19.25 on Wednesday.
Sempra shares fell 2% to $82.82 on Wednesday.
These utility companies remain top holdings in utility ETFs. In the SPDR Select Sector Fund – Utilities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>), Sempra is the sixth largest holding at 4.5% of assets, PCG 10th largest at 3.6% of assets and EIX comprises 2.3% of the ETF&#8217;s assets.
In the Vanguard Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VPU#NYSE">VPU</a>), Sempra (4.3% of assets), PG&amp;E (3.2% of assets) and Edison International (2.5%) are among the largest holdings. 
Fire Cause: One of the key question on the minds of California residents and investors will be who or what caused the fire. Right now, this remains a mystery.
As the New York Times <a href="https://www.nytimes.com/2025/01/08/us/what-caused-california-fires.html">reports</a>, scrutiny of power lines will likely come after the fires, as utility equipment has led to some of the largest California wildfires in the past, including the 2018 Camp Fire that left 85 people dead.
In 2024, four wildfire incidents were caused by utility equipment, including two by Edison International-owned Southern California Edison, according to the report.
Pacific Gas &amp; Electric, which may have limited exposure to this week&#8217;s infernos, is a lesson in the liability risk that California utilities face.
The utility company declared bankruptcy in 2019 related to damages and claims from wildfires. This included a<a href="https://www.benzinga.com/news/19/12/14953787/pg-e-trades-higher-on-13-5b-wildfires-settlement"> $13.5 billion settlement </a>for its alleged role in the fires. The company emerged from bankruptcy in 2020.
In 2024, Pacific Gas &amp; Electric paid $45 million in penalties related to the Dixie Fire in 2021, which state regulators found was linked to the company's power lines, as <a href="https://www.cnn.com/2024/01/26/us/pacific-gas-electric-settlement-dixie-fire-california/index.html">reported </a>by CNN.
California state law AB-1054, passed in 2019, established a Wildfire Fund of up to $21 billion to provide liquidity for fire events in the state and limits the liability of utility companies.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/25/01/42889402/nhl-game-canceled-after-los-angeles-fires-nfl-monitoring-situation-ahead-of-monday-playoff-game">NHL Game Canceled After Los Angeles Fires, NFL Monitoring Situation Ahead Of Monday Playoff Game</a></li>
</ul>
Photo via Shutterstock.

Equities

Sector ETFs

ETFs

5 Dead, Nearly 180,000 Evacuated In Los Angeles Wildfires: California Utilities Face Scrutiny

On Wednesday, Catalyst Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPRX#NASDAQ">CPRX</a>) entered into a settlement agreement with Teva Pharmaceuticals Industries Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>).
This Agreement resolves the patent litigation brought by Catalyst and its licensor SERB S.A in response to Teva&#8217;s Abbreviated New Drug Application (ANDA) seeking approval to market a generic version of Firdapse (amifampridine) 10 mg tablets before the <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42881700/catalyst-pharmaceuticals-announces-settlement-of-firdapse-amifampridine-patent-litigation-with-tev" rel="noreferrer noopener">expiration of the applicable patents</a>.
If approved by the FDA, Teva will not market its generic version of Firdapse in the United States before February 25, 2035, unless certain limited circumstances customarily included in these types of agreements occur.
The parties will terminate all ongoing patent litigation between Catalyst/SERB and Teva regarding Firdapse patents pending in the U.S. District Court for the District of New Jersey.
The ongoing Firdapse patent litigation involves two defendants: Hetero, which is being challenged on all of Firdapse&#8217;s Orange Book-listed patents, and Lupin, which is facing a case focused on Catalyst&#8217;s Firdapse patent that expires in 2037.
In the Notice Letter in January 2023, Teva stated that it intended to market a generic version of Firdapse before the expiration of multiple of Catalyst&#8217;s patents listed in the <a target="_blank" href="https://www.benzinga.com/news/23/01/30523209/why-catalyst-pharmaceuticals-shares-are-moving" rel="noreferrer noopener">FDA Orange Book</a>.
In May, the FDA approved its supplemental New Drug Application, increasing the indicated maximum daily dose of Firdapse&#8217;s (amifampridine) for adults and pediatric patients weighing more than 45 kg from 80 mg to 100 mg for Lambert-Eaton myasthenic syndrome (LEMS).
LEMS is a rare autoimmune disorder characterized by muscle weakness and fatigue. Firdapse is a potassium channel blocker indicated for LEMS in adults and pediatric patients six years of age and older and works by increasing the release of acetylcholine, a neurotransmitter, at the neuromuscular junction, which helps improve muscle <a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/g39094213/catalyst-pharmaceuticals-receives-u-s-fda-approval-for-increased-maximum-daily-dose-for-firdapse" rel="noreferrer noopener">function in people with LEMS</a>.
In the third quarter of 2024, Firdapse revenues increased 19.7% year over year to $79.3&nbsp;million. The company expects full-year 2024 net product revenue of <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g41787062/catalyst-pharmaceuticals-reports-strong-third-quarter-2024-financial-results-and-provides-corporat" rel="noreferrer noopener">$300 million—$310 million</a>.
Price Action: CPRX stock closed at $19.53 on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/asset-sales/25/01/42896830/clear-channel-outdoor-plans-375-million-debt-repayment-following-625-million-sale-of-european-operations" target="_blank" rel="noreferrer noopener">Clear Channel Outdoor Plans $375 Million Debt Repayment Following $625 Million Sale of European Operations</a></li>
</ul>

Biotech

Large Cap

Health Care

Legal

General

CPRX

TEVA

Catalyst Pharmaceuticals Settles Patent Litigation Case With Teva Pharmaceutical

BMO Capital analyst Kevin O'Halloran maintains Endeavour Silver (TSX:<a class="ticker" href="https://www.benzinga.com/stock/EDR#TSX">EDR</a>) with a Outperform and lowers the price target from C$8.5 to C$8.

TSX:EDR

BMO Capital Maintains Outperform on Endeavour Silver, Lowers Price Target to C$8

Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) disclosed that it is expanding in Latin America through the<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42895008/enphase-energy-expands-in-latin-america-with-launch-of-iq8-microinverters-in-colombia-panama-and-c" rel="noreferrer noopener"> launch of its IQ8P Microinverters</a>.
IQ8P Microinverters offers 480 W peak output for residential and commercial solar installations in Colombia, Panama, and Costa Rica.
Enphase is partnering with installers and distributors across Latin America, with recent IQ8 Microinverter launches in the Caribbean and ongoing operations in Brazil, Puerto Rico, and Mexico.
The company&#8217;s IQ8 Microinverters optimize energy production by handling continuous DC currents of up to 14 amperes, enabling higher-powered solar modules to capture more energy.
This week, Enphase Energy disclosed that IQ8 Microinverters had been selected for a 2.2 MW solar project at the Belgoprocess <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42841752/enphase-energy-iq8-microinverters-selected-for-belgium-radioactive-waste-facility" rel="noreferrer noopener">radioactive waste facility in Dessel, Belgium</a>.
The project, which comprises 4,000 IQ8HC Microinverters, will span four rooftops of the radioactive waste facility. In the coming years, capacity is planned to expand from 2.2 MW to 6 to 8 MW.
Once completed in 2026, the project is expected to be the largest Enphase project worldwide.
Investors can gain exposure to the stock via Tidal ETF Trust II The Meet Kevin Pricing Power ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PP#NYSE">PP</a>) and Global X Solar ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAYS#NASDAQ">RAYS</a>).
Price Action: ENPH shares closed lower by 5.24% at $69.66 on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/42898021" target="_blank" rel="noreferrer noopener">Google Donates $1 Million To Trump Inauguration, Plans YouTube Livestream: &#8216;Pleased To Support&#8217;</a></li>
</ul>
Photo via Shutterstock.

Contracts

ENPH

RAYS

Enphase Energy Strengthens Latin American Presence With IQ8P Microinverters

Editor&#8217;s Note: The story has been updated for improved clarity and readability.
On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer weighed in on stocks brought up by viewers, highlighting risks and opportunities in the market.
<h3 class="wp-block-heading">High Valuations Prompt Caution</h3>
Lemonade, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMND#NYSE">LMND</a>) has climbed significantly, prompting Cramer to caution, &#8220;up too much&#8230; You got to let it come down.&#8221; JMP Securities' Ronald Josey echoed similar concerns, maintaining a Market Outperform rating and raising the price target from $40 to $60 on Nov. 22.
<h3 class="wp-block-heading">Healthcare Stocks In Focus</h3>
Cencora, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>) could &#8220;go lower,&#8221; Cramer said, preferring Cardinal Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAH#NYSE">CAH</a>) instead. Cencora has been expanding its portfolio, completing its acquisition of Retina Consultants of America on Jan. 2. The move strengthens its position in specialized healthcare.
For Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>), Cramer advised caution, saying he would be &#8220;careful&#8221; with the stock. The company recently reported Phase 3 trial results for its <a href="https://www.benzinga.com/government/regulations/24/12/42623343/exclusive-weight-loss-market-experts-scoop-up-novo-nordisk-stock-after-worst-drop-since-2002-following-drug-trial-miss">CagriSema combination therap</a>y, which showed promising outcomes but the stock is down over 22% in the past month.
<h3 class="wp-block-heading">GLP-1 Impact on Consumer Staples</h3>
Cramer pointed out challenges for PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>), saying it's in the &#8220;crosshairs of the GLP-1 situation.&#8221; Despite this, Piper Sandler's Mike Lavery initiated coverage on Jan. 7 with an Overweight rating and a $171 price target, reflecting optimism for PepsiCo's resilience in response to shifting consumer trends.
Price Action:
<ul>
<li>Novo Nordisk shares fell 2% to settle at $83.34 on Tuesday.</li>
<li>PepsiCo shares fell 0.6% to close at $145.40 during the session.</li>
<li>Cencora shares gained 2.3% to settle at $234.24.</li>
<li>Lemonade shares fell 6.3% to settle at $36.14 on Tuesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/42846607/bank-of-new-york-mellon-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Bank of New York Mellon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>
Image: Shutterstock

Long Ideas

Media

LMND

Jim Cramer: Lemonade Is 'Up Too Much,' This Health Care Stock Can Go Lower (UPDATED)

Chief Administration Officer Linda Rutherford will retire effective April 1, 2025.

Management

Southwest Airlines Executive Vice President & CFO Tammy Romo Plans To Retire, Effective April 1, 2025

Investment bank and financial services company UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) is said to be preparing to pay a significant amount, potentially in the hundreds of millions, to settle claims related to violations by Credit Suisse Group.
The settlement could be finalized as early as this week, according to a <a target="_blank" href="https://www.wsj.com/finance/regulation/ubs-close-to-large-settlement-over-credit-suisse-tax-case-078f307e?mod=hp_lead_pos1" rel="noreferrer noopener">report </a>from the Wall Street Journal.
These violations stem from Credit Suisse&#8217;s failure to adhere to a prior agreement with the U.S. Justice Department concerning American clients evading taxes.
UBS agreed to acquire its beleaguered peer Credit Suisse in 2023, creating a business with more than $5 trillion in <a href="https://www.benzinga.com/m-a/23/03/31412687/ubs-to-buy-troubled-peer-credit-suisse-for-sweetened-offer-at-whopping-73-discount-report" target="_blank" rel="noreferrer noopener">total invested assets</a>.
In 2023, the&nbsp;Senate Finance Committee&#8217;s findings of a two-year investigation uncovered major violations of a 2014 plea agreement by&nbsp;Credit Suisse&nbsp;with the&nbsp;Department of Justice&nbsp;for enabling tax evasion <a target="_blank" href="https://www.benzinga.com/government/23/03/31572355/credit-suisse-helped-rich-americans-hide-over-700m-despite-2014-doj-plea-wyden-investigation" rel="noreferrer noopener">by thousands of wealthy U.S. individuals.</a>
In 2014, the bank pleaded <a target="_blank" href="https://www.justice.gov/opa/pr/credit-suisse-pleads-guilty-conspiracy-aid-and-assist-us-taxpayers-filing-false-returns" rel="noreferrer noopener">guilty </a>and agreed to pay a total of $2.6 billion, with $1.8 billion to the Department of Justice for the U.S. Treasury, $100 million to the Federal Reserve, and $715 million to the New York State Department of Financial Services.
The report noted that the U.S. Justice Department has long considered how best to hold Credit Suisse accountable following its acquisition by UBS in 2023.
UBS had set aside approximately $4 billion in provisions to reflect possible outflows from litigation, regulatory, and similar matters.
Price Action: UBS shares closed at $32.47 on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42852041/microsoft-expands-ai-investment-in-india-with-3b-boost-report" target="_blank" rel="noreferrer noopener">Microsoft Bets Big On India&#8217;s AI Future With $3B Investment</a></li>
</ul>
Photo by JRdes on Shutterstock.

UBS Prepares To Settle Tax Evasion Violations By Credit Suisse: Report

BMO Capital analyst Stephen MacLeod maintains Aritzia (TSX:<a class="ticker" href="https://www.benzinga.com/stock/ATZ#TSX">ATZ</a>) with a Outperform and raises the price target from C$60 to C$65.

TSX:ATZ

BMO Capital Maintains Outperform on Aritzia, Raises Price Target to C$65

The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) have reached a tentative deal on a new <a target="_blank" href="https://ilaunion.org/international-longshoremens-association-ila-and-united-states-maritime-alliance-usmx-announce-tentative-agreement-on-new-six-year-master-contract/" rel="noreferrer noopener">six-year Master Contrac</a>t.
Both parties agreed to extend the current contract until the union can consult with its full Wage Scale Committee and schedule a ratification vote, while USMX members ratify the finalized terms.
The six-year contract, which expired on September 30 last year, was extended until January 15 after a <a target="_blank" href="https://nrf.com/media-center/press-releases/nrf-praises-tentative-labor-deal-for-east-coast-gulf-coast-ports" rel="noreferrer noopener">three-day strike</a>.
"This agreement protects current ILA jobs and establishes a framework for implementing technologies that will create more jobs while modernizing East and Gulf coast ports – making them safer and more efficient, and creating the capacity they need to keep our supply chains strong,"&nbsp;the parties said in a joint statement.
This tentative agreement, once approved, will avoid a potential work stoppage set for January 15, 2025, according to a report from Reuters.
Both sides have hailed it as a mutually beneficial resolution that will not only help workers but also strengthen the American economy as a global marketplace leader.
"This is a win-win agreement that creates ILA jobs, supports American consumers and businesses, and keeps the American economy the key hub of the global marketplace."
The federation further remarked that securing a new contract and preventing further disruptions is crucial to ensuring that retail goods reach consumers on time.
Details of the contract will remain undisclosed for now as the ILA and USMX members review and give their nod for the terms of the agreement.
"We are pleased to see the ILA and USMX come to a final agreement on a new contract, as U.S. ports on the East and Gulf Coasts play a critical role in the retail supply chain," said the National Retail Federation in its statement.
In October, a three-day strike by the ILA led to a spike in shipping costs and cargo delays at 36 ports. Longshoremen resumed work after employers agreed to a 62% wage increase over the following six years.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42874054/grocery-giant-albertsons-q3-sales-grow-as-pharmacy-products-shine" target="_blank" rel="noreferrer noopener">Grocery Giant Albertsons Q3 Sales Grow As Pharmacy Products Shine; Boosts Annual Earnings Outlook</a></li>
</ul>
Photo via Shutterstock

AMKAF

COST

US Port Union, Employers Clinch Deal In Time To Avoid Supply Chain Chaos

Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) will be reporting its fourth-quarter earnings on Friday. Wall Street expects $1.76 in EPS and $14.21 billion in revenues as the company reports<a href="https://www.benzinga.com/calendars/earnings?tickers=DAL" target="_blank" rel="noreferrer noopener"> before market hours</a>.
The stock is up 45.13% over the past year, 30.99% over the past six months.
Let&#8217;s look at what the charts indicate for Delta Air Lines stock and how the stock currently maps against Wall Street estimates.
Read Also: <a href="https://www.benzinga.com/25/01/42824930/bofa-expects-deltato-maintain-10-eps-growth-in-2025-sees-strong-q4-result">BoFA Expects DeltaTo Maintain 10% EPS Growth in 2025, Sees Strong Q4 Result</a>
<h1 class="wp-block-heading">Delta Air Lines Stock Strongly Bullish Ahead of Q4 Earnings</h1>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent010925&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="632" height="492" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09112252/Screenshot-2025-01-09-at-9.52.32-PM.png" alt="" class="wp-image-726440" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09112252/Screenshot-2025-01-09-at-9.52.32-PM.png 632w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09112252/Screenshot-2025-01-09-at-9.52.32-PM-300x234.png 300w" sizes="(max-width: 632px) 100vw, 632px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent010925&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
Delta Air Lines stock demonstrates a strongly bullish trend, with the share price positioned above its eight-, 20-, and 200-day simple moving averages (SMAs). This sustained buying pressure highlights positive momentum and potential for further bullish movement.
However, Delta Air Lines stock trades below its 50-day SMA of $61.70, introducing a cautious note to the short-term outlook.
The Moving Average Convergence Divergence (MACD) indicator at a negative 0.30 signals a bearish sentiment, suggesting potential headwinds. 
Meanwhile, the Relative Strength Index (RSI) at 51.49 reflects a neutral stance, indicating neither overbought nor oversold conditions, leaving room for directional movement.
<h1 class="wp-block-heading">Delta Air Lines Analysts Consensus Ratings</h1>
Ratings &amp; Consensus Estimates:<a href="https://www.benzinga.com/quote/DAL/analyst-ratings" target="_blank" rel="noreferrer noopener"> The consensus analyst rating</a> on Delta Air Lines stock stands currently at Buy with a price target of $66.18. The latest analyst ratings from Susquehanna, Citigroup and UBS imply a 29.39% upside for Delta Air Lines stock, with an average price target of $79.67.
DAL Stock Price Action: Delta Air Lines stock was trading at $61.42 at the time of publication Thursday.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42878466/wildfire-rips-through-las-pacific-palisades-neighborhood-3000-acres-burned-30000-evacuated-homes-destroyed">Wildfire Rips Through LA&#8217;s Pacific Palisades Neighborhood Destroying Homes: 3,000 Acres Burned As 30,000 Residents Evacuate</a></li>
</ul>
Photo by VanderWolf via Shutterstock

Technicals

Previews

Travel

Delta Q4 Earnings Preview: Can Bullish Trends Keep The Stock Flying High?

In the current session, Getty Images Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETY#NYSE">GETY</a>) is trading at $2.57, after a 19.44% drop. Over the past month, the stock fell by 2.23%, and in the past year, by 46.76%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2025/1736442907_0.png" alt="Past Year Chart" />

<h3>Getty Images Holdings P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Getty Images Holdings has a lower P/E than the aggregate P/E of 66.37 of the Interactive Media &amp; Services industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1736442908_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

GETY

A Look Into Getty Images Holdings Inc's Price Over Earnings

The companies will collaborate in diverse areas, including adopting accelerated computing, generative AI, and industrial digitalization technologies, across the Hyundai Motor Group's business value chain.

HYMTF

Hyundai Enters Strategic Partnership With NVIDIA To Accelerate Development Of Advanced AI Technologies

Cryptocurrency analysts are expressing caution about Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) near-term price action, pointing to continued government sell-offs, market liquidity issues and the uncertainty surrounding the altcoin market <a href="https://www.benzinga.com/money/bitcoin-price-prediction">as bearish factors</a>.
What Happened: Pseudonymous analyst Altcoin Sherpa <a href="https://x.com/AltcoinSherpa/status/1877309941221888090">indicated</a> lack of buying pressure, cautioning about selling pressure due to the government&#8217;s ongoing Bitcoin liquidation.
He also warned that overleveraged traders could face substantial losses if Bitcoin drops below the $90,000 level, leading to potential wicks down to the mid-low $80,000s in specific scenarios.
According to Sherpa, absorption of the sell-off isn&#8217;t assured, meaning Bitcoin faces a precarious situation.
Analyst Kevin supported Sherpa&#8217;s analysis, <a href="https://x.com/Kev_Capital_TA/status/1877325228843426256">pointing</a> out that the monthly liquidity heat map shows a significant amount of long liquidity cleared out.
Still, there remains a &#8220;pretty heavy block of liquidity&#8221; down to the $89,000-$90,000 level, with the potential for a solid bounce if those levels are reached.
Kevin <a href="https://x.com/Kev_Capital_TA/status/1877327425756869086">highlighted</a> a critical test for the altcoin market, suggesting that the total market cap of altcoins is currently testing its daily super trend and 100-day exponential moving average on the daily timeframe for the second time in a month.
According to Kevin, if history is any indication, losing this support level during a bull market often leads to significant drawdowns, which makes this area incredibly important for the market's health.
He also noted that the current moment will determine if the cryptocurrency market still operates in a cyclical nature, or if past performance was influenced solely by loose monetary policy.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42897245/bitcoin-silk-road-sales-would-affect-leverage-traders-more-than-holders-analyst-argues">Bitcoin Silk Road Sales Would Affect Leverage Traders More Than Holders, Analyst Argues</a>
Why It Matters: Both experts are raising serious concerns about the immediate future of the market, with potential for heavy losses for the highly leveraged traders, and also major drawdowns in the altcoin market if critical support levels break.
At the time of writing, Bitcoin is trading down about 0.2% over the last 24 hours at $94,220.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42894427/bitcoin-ethereum-etfs-see-742-million-in-outflows-supply-shock-unlikely-in-2025-report-shows">Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

$DOGE

$ETH

$SOL

3 Bearish Factors That Could Drag Bitcoin Below $90,000

The S&amp;P 500 entered uncharted territory in 2024, rallying 23.3% without a single daily close below its <a href="https://www.benzinga.com/money/200-day-moving-average#:~:text=200%2DDay%20SMA%20Formula&amp;text=The%20200%2Dday%20SMA%20is%20recalculated%20every%20day%20by%20adding,200%20to%20calculate%20the%20average.">200-day moving average. </a>
In a note shared Thursday, Bank of America analyst Stephen Suttmeier highlighted that this was only the 15th occurrence in nearly a century, with those years averaging an annual return of 25.4%.
However, history suggests that 2025 may not be as smooth for the index, as the probability of revisiting the key technical level dramatically increases.
The last time the S&amp;P 500, as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), fell below its 200-day moving average occurred in November 2023. The 200-day moving average is currently at 5,569, suggesting the S&amp;P 500 would need to decline by 6% from its current levels to breach this critical technical support.
<h3 class="wp-block-heading">Chart: S&amp;P 500 Holds Above 200-Day MA Since November 2023</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="541" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09110907/image-51-1024x541.png" alt="" class="wp-image-726426" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09110907/image-51-1024x541.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09110907/image-51-300x159.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09110907/image-51-768x406.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09110907/image-51-1536x812.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/09110907/image-51.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">What Does The 200-Day Moving Average Tell Us?</h3>
The 200-day moving average is a widely followed technical indicator used to gauge the longer-term trend of the market. When the S&amp;P 500 consistently trades above this level, it is often seen as a sign of market strength.
Conversely, a break below it can signal the onset of volatility or bearish momentum.
Suttmeier highlighted that years like 2024, when the index avoids closing below this critical support level, are rare and tend to deliver strong returns. 
Since 1928, the S&amp;P 500 has achieved this milestone 15 times, and in those years, the index averaged a 25.4% annual gain. 
However, the following years tend to be far more erratic.
<h3 class="wp-block-heading">2025: Likely to Test the 200-Day MA</h3>
The S&amp;P 500 has historically struggled to repeat back-to-back years of avoiding the 200-day MA. 
The last time this happened was in 1954 and 1955. This makes 2025 a pivotal year, with Suttmeier suggesting that the index will likely trade below its 200-day MA, which begins the year near 5560.
"The years following a rally that avoids the 200-day MA are often more challenging," Suttmeier said. 
On average, returns in these subsequent years plummet to just 0.9% (median 0.6%), with the index closing higher only 50% of the time. 
Maximum returns for those years peaked at 26.7%, but declines were severe, with losses as steep as 38.6% in 1937.
<h3 class="wp-block-heading">Historical Patterns and Presidential Cycles</h3>
Adding to the potential headwinds, 2025 marks the first year of a new presidential cycle. 
According to historical data, Presidential Cycle Year 1 tends to be one of the weaker years, especially following strong gains in Years 3 and 4 of the cycle, like the 2023-2024 rally.
Under these conditions, the S&amp;P 500 has risen 63% of the time in Year 1, delivering an average return of 1.9%. 
While the index has shown the capacity for significant gains—like 31% in 1997—it also recorded its worst single-year decline of -38.6% in 1937.
<h3 class="wp-block-heading">The Secular Bull Market: Mid-Cycle Or Late Stage?</h3>
Despite the potential challenges for 2025, the S&amp;P 500 remains in the midst of a secular bull market, according to Suttmeier, now entering its 12th year since breaking above its 2000 and 2007 peaks in April 2013. 
Secular bull markets, which represent long-term upward trends, have historically lasted 16-20 years, such as the periods from 1950-1966 and 1980-2000.
Bank of America suggests the current secular bull market could extend until 2029 or beyond, though dips like the 2020 pandemic sell-off or a potential test of the 200-day MA in 2025 are likely to occur along the way.
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42896114/us-2025-recession-odds-plummet-good-news-or-warning-sign">US 2025 Recession Odds Plummet: Good News Or Warning Sign?</a></li>
</ul>
Image: Shutterstock

Analyst Color

Broad U.S. Equity ETFs

S&P 500 Enters 2025 In Rare Technical Territory: Why This Analyst Expects 'Challenging' Year Ahead

Get ready to dust off your office shoes. Nearly three-quarters of executives plan to tighten return-to-office (RTO) policies in 2025. This might sting a little if you're used to working from home.
In a survey from Resume.org, 73% of business leaders at companies with RTO rules said employees would need to clock at least three days a week in the office by the end of next year. For some, it'll be even stricter – one in three bosses expects workers to show up daily.
<h2 class="wp-block-heading">Why The Push For In-Person?</h2>
Executives aren't making this move just for fun. They've got reasons.
Don't Miss:
<ul>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
<li><a href="https://www.benzinga.com/money/qnetic-2">This 12,000 RPM Spinning Battery With Over $100 Million In LOIs Could Be The Missing Link For Green Energy — Here&#8217;s Why Early Investors Are Flocking To Invest Before Funding Closes</a></li>
</ul>
About 70% of execs cited collaboration and teamwork as key benefits of <a href="https://www.benzinga.com/markets/24/09/40969855/jpmorgan-ceo-jamie-dimon-calls-for-federal-employees-to-return-to-office-says-empty-buildings-bother">in-person work.</a> Nearly 60% said better communication is the goal. Half want to boost organizational culture. But here's the kicker – not everyone's buying that productivity improves.
Nicole Kyle, cofounder of CMP Research, told Business Insider that studies show remote and hybrid setups often perform just as well – or even better – than fully in-office arrangements. "Metrics don't change much when people aren't physically together," she said.
<h2 class="wp-block-heading">Real Estate Matters</h2>
Let's not ignore the elephant in the room: office space. Companies are paying big bucks for real estate and four in 10 surveyed executives admitted they want to use those empty desks.
Still, some experts argue it's not all bad. Lisa Walker from DHR Global told Business Insider that bringing people back allows senior staff to mentor juniors. "To get junior people in, you need senior people there," she explained.
Trending: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a>
<h2 class="wp-block-heading">The Costs Of Mandates</h2>
Here's the downside. Strict RTO policies could be driving employees away.
Research from the <a href="https://business.pitt.edu/return-to-office-mandates-dont-improve-employee-or-company-performance/">University of Pittsburgh</a> found that companies with rigid in-office rules see &#8220;abnormally high&#8221; quit rates – and it's not just anyone leaving. Women, experienced staff and top talent are most likely to walk. These companies also struggle to fill open positions. Some executives have even openly admitted they implemented RTO mandates <a href="https://www.benzinga.com/24/07/39945751/bosses-admit-using-return-to-office-mandate-to-get-workers-to-quit-survey">in hopes employees would quit.</a>
"The brain drain is real," Kyle added, noting it's creating headaches for firms trying to compete.
<h2 class="wp-block-heading">Balancing The Push</h2>
Not all companies are forcing the issue. Sundar Pichai, Google's CEO, recently said his team won't mandate more office time as long as employees remain productive at home. It's a balancing act between collaboration and flexibility; some leaders are still figuring it out.
For now, though, the message is clear: pack your bag, prep for the commute and get ready to see more cubicle neighbors in 2025.
Read Next:
<ul>
<li>It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>

Personal Finance

73% Of Execs Want You Back In The Office – Here's Why And How It Impacts The Economy

Ethereum's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) price decline could be an accumulation opportunity, although traders predict further corrections before <a href="https://www.benzinga.com/money/ethereum-eth-price-predictions">a potential rally.  </a>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Market Cap</td>
<td>24-Hour Trend</td>
<td>7-Day Trend</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$3,302.04</td>
<td>$397.8 billion</td>
<td> -0.1%</td>
<td>-4.9%&nbsp;</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td> $94,246.74</td>
<td>$1.9 trillion </td>
<td> -0.3%</td>
<td>-2.9%&nbsp;</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td> $2.32</td>
<td>$132.3 billion</td>
<td>+1.6% </td>
<td>-4.2%&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto chart analyst Ali Martinez <a href="https://x.com/ali_charts/status/1877293891205886111">says</a> a drop to $2,900 could be highly bullish and an "excellent buy-the-dip opportunity" for a potential target of $7,000.
Crypto Wolf believes Ethereum has minimal downside remaining, with only 4-7% correction left before it starts a run to new all-time highs.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There's likely little to no downside left, maybe a max of 4-7%, before <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> is sent to new ATHs. <a href="https://t.co/5TUacZqF7J">pic.twitter.com/5TUacZqF7J</a>
&mdash; Wolf &#x1f43a; (@IamCryptoWolf) <a href="https://twitter.com/IamCryptoWolf/status/1877292317788287474?ref_src=twsrc%5Etfw">January 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Crypto Chase <a href="https://x.com/Crypto_Chase/status/1877261109683454191">shared</a> that he sold half of his Ethereum holdings at breakeven and plans to reallocate into Solana if it drops further. 
While optimistic about Ethereum's long-term performance, he highlights concerns about <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42897245/bitcoin-silk-road-sales-would-affect-leverage-traders-more-than-holders-analyst-argues">Bitcoin-related news</a> affecting the market.
Statistics: IntoTheBlock <a href="https://x.com/intotheblock/status/1877319485406777437">data</a> shows around 74.7% of Ethereum addresses being long-term holders, a higher number than for Bitcoin.
The platform states this trend is likely to hold until Ethereum approaches its all-time high and holders start taking profits.
Ethereum's large transaction volume increased 2.1% to $8.1 billion, while daily active addresses inched up by 0.1%. 
Transactions greater than $100,000 increased from 7,178 to 10,244 in a single day. 
Exchanges netflows are down by 454.6%. 
Deribit data shows $451 million in ETH options set to expire in January, with a Put/Call ratio of 0.49 and a Max Pain Point of $3,500.
Community News: Phala Network, a Polkadot-based parachain, announced the launch of a new Layer-2 network on Ethereum in collaboration with Succinct Labs and Conduit. 
The <a href="https://phala.network/posts/phala-network-20-first-opsuccinct-layer-2-on-ethereum">move</a> highlights Ethereum's continued dominance as a smart contract platform.
Bhutan's special administrative region <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42892791/bhutans-special-administrative-region-announces-strategic-reserve-consisting-of-bitcoin-ethereum-bnb-coin-bhutan-is-open-to-other-cryptos-says-changpeng-cz-zhao">disclosed</a> plans to hold Bitcoin, Ethereum and BNB Coin as part of its strategic reserves, signaling institutional confidence in Ethereum's future.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42824221/ethereum-climbs-12-in-a-week-could-it-outperform-in-2025">Ethereum Climbs 12% In A Week: Could It Outperform In 2025?</a></li>
</ul>
Image: Shutterstock

Comments

JPMorgan BetaBuilders MSCI U.S. REIT ETF

News

Latest news for JPMorgan BetaBuilders MSCI U.S. REIT ETF (BATS:BBRE)

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga