Blockchain Coinvestors Stock (NASDAQ: BCSA)

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Blockchain Coinvestors Acquisition Corp I is a blank check company.

Blockchain Coinvestors Acquisition Corp. I - Class A Ordinary Shares

Blockchain Coinvestors Acquisition Corp I

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Blockchain Coinvestors Acquisition Corp. I - Warrant

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Cameco</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Cameco.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 53% bullish and 23%, bearish.</p>
<p>Out of all of the special options we uncovered, 4 are puts, for a total amount of $982,113, and 9 are calls, for a total amount of $734,557.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $33.0 and $60.0 for Cameco, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Cameco's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Cameco's significant trades, within a strike price range of $33.0 to $60.0, over the past month.</p>
<h3>Cameco Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721236544_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$9.35</td>
<td>$9.25</td>
<td>$9.35</td>
<td>$50.00</td>
<td>$675.4K</td>
<td>129</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.3</td>
<td>$11.0</td>
<td>$11.27</td>
<td>$50.00</td>
<td>$437.9K</td>
<td>1.1K</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.25</td>
<td>$2.19</td>
<td>$2.19</td>
<td>$41.00</td>
<td>$224.4K</td>
<td>1.0K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$2.33</td>
<td>$2.12</td>
<td>$2.12</td>
<td>$48.00</td>
<td>$64.5K</td>
<td>2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$2.92</td>
<td>$2.89</td>
<td>$2.92</td>
<td>$50.00</td>
<td>$58.2K</td>
<td>4.5K</td>
<td style="text-align: right;">171</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>Having examined the options trading patterns of Cameco, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Present Market Standing of Cameco</h3>
<ul>
<li>With a trading volume of 4,556,616, the price of CCJ is down by -7.92%, reaching $47.3.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 14 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Cameco</h3>
<p>1 market experts have recently issued ratings for this stock, with a consensus target price of $60.5.</p>
<ul>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Cameco, which currently sits at a price target of $60. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Cameco, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

Unpacking the Latest Options Trading Trends in Cameco

<p>Financial giants have made a conspicuous bearish move on Lowe's Companies. Our analysis of options history for Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) revealed 26 unusual trades.</p>
<p>Delving into the details, we found 34% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $486,643, and 17 were calls, valued at $770,523.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $210.0 to $280.0 for Lowe's Companies during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Lowe's Companies's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Lowe's Companies's substantial trades, within a strike price spectrum from $210.0 to $280.0 over the preceding 30 days.</p>
<h3>Lowe's Companies Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721236538_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$9.45</td>
<td>$8.85</td>
<td>$8.85</td>
<td>$240.00</td>
<td>$196.4K</td>
<td>653</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>LOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$4.0</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$260.00</td>
<td>$134.5K</td>
<td>1.6K</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>LOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/26/24</td>
<td>$2.78</td>
<td>$2.74</td>
<td>$2.74</td>
<td>$245.00</td>
<td>$82.2K</td>
<td>141</td>
<td style="text-align: right;">402</td>
</tr>
<tr>
<td>LOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$32.6</td>
<td>$30.3</td>
<td>$31.89</td>
<td>$210.00</td>
<td>$63.6K</td>
<td>29</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>LOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$18.2</td>
<td>$18.15</td>
<td>$18.2</td>
<td>$240.00</td>
<td>$49.1K</td>
<td>155</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Lowe's Companies</h3>
<p>Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.</p>
<h3>Present Market Standing of Lowe's Companies</h3>
<ul>
<li>Currently trading with a volume of 1,862,491, the LOW's price is up by 1.73%, now at $245.13. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 34 days.</li>
</ul>
<h3>Expert Opinions on Lowe's Companies</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $225.0.</p>
<ul>
<li>An analyst from Evercore ISI Group persists with their In-Line rating on Lowe's Companies, maintaining a target price of $225. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lowe's Companies with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Decoding Lowe's Companies's Options Activity: What's the Big Picture?

<p>Financial giants have made a conspicuous bullish move on SoFi Techs. Our analysis of options history for SoFi Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) revealed 22 unusual trades.</p>
<p>Delving into the details, we found 59% of traders were bullish, while 31% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $164,115, and 19 were calls, valued at $1,260,567.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $4.0 to $11.0 for SoFi Techs over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for SoFi Techs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across SoFi Techs's significant trades, within a strike price range of $4.0 to $11.0, over the past month.</p>
<h3>SoFi Techs Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721236533_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.75</td>
<td>$1.74</td>
<td>$1.75</td>
<td>$7.00</td>
<td>$175.0K</td>
<td>68.7K</td>
<td>1.4K</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.42</td>
<td>$1.26</td>
<td>$1.38</td>
<td>$7.00</td>
<td>$138.0K</td>
<td>12.5K</td>
<td>8</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.22</td>
<td>$0.2</td>
<td>$0.22</td>
<td>$8.00</td>
<td>$108.5K</td>
<td>18.5K</td>
<td>5.4K</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.71</td>
<td>$0.71</td>
<td>$0.71</td>
<td>$7.00</td>
<td>$102.5K</td>
<td>12.1K</td>
<td>59</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.1</td>
<td>$0.08</td>
<td>$0.1</td>
<td>$8.50</td>
<td>$96.0K</td>
<td>7.7K</td>
<td>9.7K</td>
</tr>
</tbody>
</table>
</p>
<h3>About SoFi Techs</h3>
<p>SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.</p>
<h3>Current Position of SoFi Techs</h3>
<ul>
<li>Trading volume stands at 43,507,231, with SOFI's price down by -1.03%, positioned at $7.67.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 13 days.</li>
</ul>
<h3>What The Experts Say On SoFi Techs</h3>
<p>Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $8.333333333333334.</p>
<ul>
<li>An analyst from Barclays has decided to maintain their Equal-Weight rating on SoFi Techs, which currently sits at a price target of $8. </li>
<li>An analyst from Needham downgraded its action to Buy with a price target of $10. </li>
<li>Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Market Perform rating for SoFi Techs, targeting a price of $7. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest SoFi Techs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


SOFI

Check Out What Whales Are Doing With SOFI

WIIM

Nio shares are trading lower following a report suggesting the company plans to reduce car purchase incentives starting July 22.

<p>TD Cowen  analyst Helane Becker   maintains Hawaiian Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>) with a Hold and raises the price target from $12 to $13.</p>


News

Price Target

Analyst Ratings

TD Cowen Maintains Hold on Hawaiian Holdings, Raises Price Target to $13

<p>B of A Securities  analyst Sara Senatore   maintains Jack In The Box (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) with a Buy and lowers the price target from $83 to $79.</p>


JACK

B of A Securities Maintains Buy on Jack In The Box, Lowers Price Target to $79

<p>TD Cowen  analyst Helane Becker   maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Hold and lowers the price target from $60 to $39.</p>


ALGT

TD Cowen Maintains Hold on Allegiant Travel, Lowers Price Target to $39

BITF

CLSK

COIN

HIVE

MARA

MSTR

RIOT

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

<p>B of A Securities  analyst Sara Senatore   maintains Krispy Kreme (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>) with a Buy and lowers the price target from $19 to $16.</p>


DNUT

B of A Securities Maintains Buy on Krispy Kreme, Lowers Price Target to $16

<p>TD Cowen  analyst Helane Becker   maintains Frontier Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) with a Hold and lowers the price target from $6.5 to $4.</p>


ULCC

TD Cowen Maintains Hold on Frontier Group Holdings, Lowers Price Target to $4

<p><strong>Taiwan Semiconductor Manufacturing Co. Ltd</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is announcing its second-quarter earnings on Thursday. Wall Street expects $1.38 in EPS and $20 billion in revenues as the company reports<a href="https://www.benzinga.com/calendars/earnings?tickers=TSM"> before market hours</a>.</p>
<p>The stock is up 67.23% over the past year, +69.12% YTD.</p>
<p>Let&#8217;s look at what the charts indicate for Taiwan Semiconductor (aka TSMC) stock, and how the stock currently maps against Wall Street estimates.</p>
<h1 class="wp-block-heading"><strong>TSMC Price Charts Bearish Ahead Of Q2 Earnings </strong></h1>
<p>Taiwan Semiconductor stock faces a moderately bearish trend with ongoing selling pressure, indicating potential future bearish movement.</p>
<p><figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="634" height="457" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17113159/Screenshot-2024-07-17-at-8.32.42-PM.png" alt="" class="wp-image-441109" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17113159/Screenshot-2024-07-17-at-8.32.42-PM.png 634w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17113159/Screenshot-2024-07-17-at-8.32.42-PM-300x216.png 300w" sizes="(max-width: 634px) 100vw, 634px" /></a></figure></p>
<p><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><em>Chart created using Benzinga Pro</em></a></p>
<p>The share price stands at $174.70, quite below the 8-day SMA of $185 and slightly below its 20-day SMA of $179.07, signaling a bearish trend. </p>
<p>However, the stock is trading above its 50-day SMA of $165.66 and 200-day SMA of $127.10, all indicating bullish signals for medium to long-term prospects.</p>
<p><figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="634" height="457" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17113210/Screenshot-2024-07-17-at-8.32.24-PM.png" alt="" class="wp-image-441110" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17113210/Screenshot-2024-07-17-at-8.32.24-PM.png 634w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17113210/Screenshot-2024-07-17-at-8.32.24-PM-300x216.png 300w" sizes="(max-width: 634px) 100vw, 634px" /></a></figure></p>
<p><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><em>Chart created using Benzinga Pro</em></a></p>
<p>The MACD indicator is positive at 5.31, reinforcing a bullish outlook. The RSI is at 48.65 and treading downwards, suggesting the stock is likely heading towards oversold conditions.</p>
<p>The Bollinger Bands (25) ranges of $164.26-$191.12, with the stock trading in the upper bullish band, indicating bullish sentiment as well. Overall, while short-term indicators show bearish pressure, the longer-term technicals reflect strong bullish support for TSM.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/government/24/07/39818236/nvidia-supplier-super-micro-computer-stock-is-down-wednesday-whats-going-on">Nvidia Supplier Super Micro Computer Stock Is Down Wednesday, What&#8217;s Going On?</a></strong></p>
<h1 class="wp-block-heading"><strong>TSMC Analysts See 25% Upside</strong></h1>
<p><strong>TSMC Ratings &amp; Consensus Estimates:</strong><a href="https://www.benzinga.com/quote/TSM/analyst-ratings"> The consensus analyst rating</a> on Taiwan Semiconductor stock stands at an Overweight currently with a price target of $172.71. The three most recent analyst ratings for Taiwan Semiconductor Manufacturing Co Ltd were released by Needham, Susquehanna and Bernstein on July 15, July 11, and June 20, 2024, respectively. The average price target of $220 implies a 25.33% upside.</p>
<p><strong>TSM Price Action: </strong>Taiwan Semiconductor&#8217;s stock was trading down 6.72% at $175.53 at the time of publication Wednesday.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/government/24/07/39816230/whats-going-on-with-nvidia-amd-and-semiconductor-peer-stocks-on-wednesday">What&#8217;s Going On With Nvidia, AMD And More Semiconductor Stocks Wednesday?</a></strong></li>
</ul>
<p><em>Photo: Sundry Photography on Shutterstock</em></p>


Analyst Color

Earnings

Technicals

Previews

Global

Tech

Trading Ideas

Taiwan Semiconductor Charts Show Mixed Signals As Q2 Earnings Loom: What To Expect

UUUU

Shares of US-traded uranium companies are trading lower amid a drop in the price of uranium.

<p>TD Cowen  analyst Helane Becker   maintains Controladora Vuela (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLRS#NYSE">VLRS</a>) with a Buy and lowers the price target from $11 to $10.</p>


VLRS

TD Cowen Maintains Buy on Controladora Vuela, Lowers Price Target to $10

<p>B of A Securities  analyst Sara Senatore   maintains First Watch Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) with a Buy and lowers the price target from $29 to $24.</p>


FWRG

B of A Securities Maintains Buy on First Watch Restaurant Gr, Lowers Price Target to $24

<p>TD Cowen  analyst Helane Becker   maintains Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) with a Buy and lowers the price target from $61 to $59.</p>


TD Cowen Maintains Buy on Delta Air Lines, Lowers Price Target to $59

<p>B of A Securities  analyst Sara Senatore   maintains Cracker Barrel Old (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>) with a Underperform and lowers the price target from $48 to $46.</p>


CBRL

B of A Securities Maintains Underperform on Cracker Barrel Old, Lowers Price Target to $46

<p>TD Cowen  analyst Jason Seidl   maintains JB Hunt Transport Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) with a Hold and lowers the price target from $181 to $161.</p>


JBHT

TD Cowen Maintains Hold on JB Hunt Transport Servs, Lowers Price Target to $161

<p>B of A Securities  analyst Katherine Griffin   maintains Brinker International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) with a Underperform and raises the price target from $51 to $58.</p>


B of A Securities Maintains Underperform on Brinker International, Raises Price Target to $58

AMBA

MKSI

MTSI

NXPI

RMBS

SMTC

Shares of chip stocks are trading lower amid reports Biden is considering further China restrictions. The sector may also be down following soft guidance from ASML.

<p>B of A Securities  analyst Julien Dumoulin-Smith   maintains TPI Composites (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPIC#NASDAQ">TPIC</a>) with a Buy and raises the price target from $5 to $6.</p>


TPIC

B of A Securities Maintains Buy on TPI Composites, Raises Price Target to $6

Blockchain Coinvestors Acquisition Corp. I Class A (BCSA) has shared an update. Blockchain Coinvestors Acquisition Corp. I (BCSA) and Linqto have a...

Blockchain Coinvestors' Strategic Merger with Linqto Pending Approvals

APEV, PACB and BILI are among premarket gainers

BCSA

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Press Releases

Linqto, Inc., a Leading Digital Investment Platform, to Publicly List Through Business Combination with Blockchain Coinvestors Acquisition Corp. I

Blockchain Coinvestors

<p><i>lockchain Coinvestors Acquisition Corp. I (NASDAQ:</i><a href="https://www.benzinga.com/stock/BCSA#NASDAQ"><i>BCSA</i></a><i>) and Linqto, Inc. have entered into a definitive business combination agreement.</i></p><p><i>The business combination is expected to close in the second half of 2024.</i></p>

Linqto To Publicly List Through Business Combination With Blockchain Coinvestors Acquisition Corp. I; Expected To Close In H2 2024

<p>Qenta Inc., (&quot;Qenta&quot; or the &quot;Company&quot;), a financial technology company established to digitize the world&#39;s assets and transactions, and Blockchain Coinvestors Acquisition Corp. I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCSA#NASDAQ">BCSA</a>) (&quot;BCSA&quot;), a special purpose acquisition company (&quot;SPAC&quot;), today announced they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company will continue to operate as Qenta.</p>

<p>Qenta is a global company that elevates the world&#39;s citizens and businesses through its frictionless, accessible, secure, and compliant financial ecosystem. With a vision to digitize all the world&#39;s assets and transactions, Qenta started with a focus on the precious metals sector. By introducing digitized Responsible Gold&trade;, and multiple recognitions for ESG, innovation, and Shariah compliance, Qenta brought gold into the digital age as an efficient store of value and gave it true utility as a medium of exchange.</p>

<p>Today Qenta operates through three integrated segments: Qenta Digital Assets, offering provenance, custody, and ownership tracking of precious metals; Qenta Payments, with newly launched alternative banking and payment applications; and Qenta Capital &amp; Risk Management, offering specialized hedging products and margin financing for soft commodities and precious metals.</p>

<p>Qenta aims to replicate its patented Digital Assets solution for soft commodities, fiat currencies, and carbon offsets in multi-asset wallets and continues the geographic expansion of its Payments and Capital &amp; Risk Management services through organic growth and acquisition within the fintech vertical.</p>

<p><strong>Qenta&#39;s Investment Highlights:</strong></p>

<ol>
	<li>A leader in the digitization of assets and transactions</li>
	<li>Massive addressable market boosted by commodity focus</li>
	<li>Pioneer in integrating ESG best practices in the creation of digital and sustainable products</li>
	<li>Committed to strict regulatory compliance and security</li>
	<li>Promising scalability driven by friction reduction and better access to financial solutions philosophy</li>
	<li>Led and founded by Brent de Jong, a successful platform builder with a demonstrated ability to use acquisitions to build shareholder value</li>
</ol>

<p><strong>Summary of Transaction</strong></p>

<p>The boards of directors of Qenta and BCSA have both unanimously approved the Transaction, which is expected to be completed in the first half of 2023. The Transaction will require the approval of the shareholders of both Qenta and BCSA and is subject to other customary closing conditions identified in the business combination agreement.</p>

<p>Qenta&#39;s shareholders will roll their equity holdings into the new public company. Current shareholders of BCSA will convert their class A ordinary shares and class B ordinary shares of BCSA into common stock of the combined company on a one-for-one basis.</p>

<p>Qenta expects to use the proceeds from the Transaction to accelerate growth and general corporate purposes, in addition to covering Transaction-related costs.</p>

<p>Upon the closing of the Transaction, and assuming none of BCSA&#39;s public shareholders elect to redeem their shares,</p>

<ul>
	<li>the current stockholders of Qenta are expected to own approximately 54% of the combined company,</li>
	<li>BCSA&#39;s public stockholders are expected to own 33% of the combined company, and</li>
	<li>BCSA&#39;s sponsor is expected to own 13% of the combined company.</li>
</ul>

<p>The Transaction includes an implied combined pro forma total enterprise value of approximately $622 million, assuming no shareholder redemptions. Further, assuming a share price of $10.00 per share, the combined company is expected to have an initial market capitalization of approximately $904 million.</p>

<p><strong>Forward Purchase Agreement</strong></p>

<p>BCSA has also entered into a forward purchase agreement with Vellar Opportunity Fund SPV LLC &ndash; Series 5 (&quot;Vellar&quot;), a client of Cohen &amp; Company Financial Management, LLC (&quot;Cohen&quot;). Entities and funds managed by Cohen own equity interests in BCSA&#39;s sponsor. Pursuant to the forward purchase agreement, Vellar has agreed to purchase in the open market and not redeem up to 12,000,000 BCSA class A ordinary shares in advance of the consummation of the business combination, subject to certain conditions, including its receipt of the trust proceeds related to the shares it purchases less 10% following the consummation of the business combination. Vellar will pay the combined company the proceeds from its sales of the shares purchased pursuant to the forward purchase agreement, subject to certain parameters.</p>

<p><strong>Share Purchase Agreement</strong></p>

<p>As part of its public readiness preparation, Qenta secured a $180,000,000 capital commitment from GEM Global Yield LLC SCS (&quot;GEM&quot;), a Luxembourg-based private alternative investment group. Under the agreement, GEM agrees to provide Qenta with a share subscription facility for a 48-month&nbsp;term following the completion of the business combination between the Company and BCSA.</p>

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