Latest news for NAPC Defense (OTC:BLIS) Stock

NAPC Defense Inc is an armament sales and production company. Its portfolio includes Small Arms Weapons, Ammunition, Visual Augmentation, Jamming Equipment, NIJ Certified Body Armor, Cornershot, and Zero Click. It has direct lines of sourcing personal ballistics protection for personnel, such as helmets, bullet-resistant vests, and shields for overseas sale and domestic sale to U.S. entities. The company also engages in the business of selling small caliber arms in the form of rifles and pistols, larger scale ammunition and artillery, and armored vehicles.

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Brera Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) shares are trading higher on Tuesday after the company disclosed the details of a three-step acquisition process for a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42672991/brera-holdings-outlines-three-step-process-to-acquire-majority-equity-interest-in-juve-stabia-inte" rel="noreferrer noopener">majority equity ownership interest</a> in Italian Serie B football club SS Juve Stabia SpA.
This acquisition is a key step in expanding Brera&#8217;s multi-club ownership (MCO) model, aiming to drive operational synergies and long-term growth.
Notably, on December 9, 2024, Brera disclosed the signing of a binding term sheet for its acquisition of Juve Stabia, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42385291/brera-holdings-agrees-to-strategic-investment-in-italian-serie-b-professional-football-soccer-club" rel="noreferrer noopener">a historic Serie B football club in Naples</a>.
Brera has agreed to acquire a majority stake in Juve Stabia through a three-step process involving share capital and reserve increases.
Brera will make cash payments and issue BREA shares, gradually increasing its ownership to 22%, 38%, and approximately 52%.
Upon completion, Brera will become the majority shareholder, and a Shareholder Agreement with current owner Andrea Langella will integrate Juve Stabia into Brera&#8217;s multi-club framework.
The first step, giving Brera 22% ownership, is expected to conclude by December 31, 2024.
The agreement includes performance-based compensation for Mr. Langella, tied to milestones like qualifying for Serie B playoffs and promotion to Serie A, aligning Brera&#8217;s interests with Juve Stabia&#8217;s success.
The final step, granting Brera 52% ownership, is scheduled for March 31, 2025, at which point Brera will take controlling ownership and begin integrating the club, with plans for an IFRS audit under PCAOB guidelines for SEC disclosure filings.
Notably, Juve Stabia recently secured a 1-0 victory over Cesena FC and currently ranks fourth in the Serie B standings, just two points ahead of fifth-placed US Cremonese.
The top three Serie B teams earn promotion to Serie A, with the top two qualifying automatically and the third via a playoff.
Daniel McClory, Executive Chairman of Brera Holdings, said, &#8220;We are excited to partner with local management and invest in this historic team to capitalize on player trading opportunities, potentially secure a position in the Serie B playoffs, and ultimately pursue promotion to Serie A, all of which would augment Club revenue and unlock further value for our investors.&#8221;
Price Action: BREA shares closed higher by 42.80% to $1.00 on Tuesday
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/42673445" target="_blank" rel="noreferrer noopener">Achilles Therapeutics Announces $12M AstraZeneca Deal, Plans Job Cuts</a></li>
</ul>
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BREA

Why Football & Sports Clubs Owner Brera Stock Gained On Tuesday?

Benzinga's options scanner just detected over 17 options trades for Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) summing a total amount of $757,819.
At the same time, our algo caught 3 for a total amount of 137,261.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $100.0 for Walmart during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Walmart options trades today is 3538.65 with a total volume of 14,889.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Walmart's big money trades within a strike price range of $80.0 to $100.0 over the last 30 days.
<h3>Walmart Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735065932_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$8.5</td>
<td>$8.4</td>
<td>$8.5</td>
<td>$90.00</td>
<td>$231.2K</td>
<td>1.0K</td>
<td align="right">282</td>
</tr>
<tr>
<td>WMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$13.7</td>
<td>$13.6</td>
<td>$13.7</td>
<td>$80.00</td>
<td>$78.0K</td>
<td>4.3K</td>
<td align="right">61</td>
</tr>
<tr>
<td>WMT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$2.41</td>
<td>$2.33</td>
<td>$2.34</td>
<td>$80.00</td>
<td>$58.5K</td>
<td>1.6K</td>
<td align="right">257</td>
</tr>
<tr>
<td>WMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.55</td>
<td>$2.44</td>
<td>$2.5</td>
<td>$90.00</td>
<td>$58.2K</td>
<td>23.2K</td>
<td align="right">499</td>
</tr>
<tr>
<td>WMT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.45</td>
<td>$4.35</td>
<td>$4.42</td>
<td>$92.50</td>
<td>$49.9K</td>
<td>2.2K</td>
<td align="right">113</td>
</tr>
</tbody>
</table>

<h3>About Walmart</h3>
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam's Club) and over 10,000 locations globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam's Club contributing another $86 billion to the company's top line. Internationally, Walmart generated $115 billion in sales. The retailer serves around 240 million customers globally each week.
Following our analysis of the options activities associated with Walmart, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Walmart</h3>
<ul>
<li>With a volume of 8,861,393, the price of WMT is up 2.58% at $92.68. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 58 days.</li>
</ul>
<h3>What Analysts Are Saying About Walmart</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $103.2.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Tigress Financial continues to hold a Buy rating for Walmart, targeting a price of $115. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Walmart, maintaining a target price of $96. 
&#x2A; An analyst from Jefferies has decided to maintain their Buy rating on Walmart, which currently sits at a price target of $111. 
&#x2A; An analyst from Stifel persists with their Hold rating on Walmart, maintaining a target price of $94. 
&#x2A; An analyst from Keybanc has decided to maintain their Overweight rating on Walmart, which currently sits at a price target of $100. 
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 Walmart with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Walmart's Options Frenzy: What You Need to Know

Deep-pocketed investors have adopted a bullish approach towards Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PLAY usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Dave &amp; Buster's Enter. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 70% leaning bullish and 20% bearish. Among these notable options, 5 are puts, totaling $215,896, and 5 are calls, amounting to $178,927.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $34.0 for Dave &amp; Buster's Enter over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Dave &amp; Buster's Enter's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Dave &amp; Buster's Enter's substantial trades, within a strike price spectrum from $15.0 to $34.0 over the preceding 30 days.
<h3>Dave &amp; Buster's Enter Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735065927_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLAY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$2.85</td>
<td>$2.8</td>
<td>$2.85</td>
<td>$30.00</td>
<td>$82.1K</td>
<td align="right">0</td>
<td align="right">288</td>
</tr>
<tr>
<td>PLAY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$2.85</td>
<td>$2.8</td>
<td>$2.85</td>
<td>$30.00</td>
<td>$51.0K</td>
<td align="right">0</td>
<td align="right">467</td>
</tr>
<tr>
<td>PLAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$2.75</td>
<td>$2.6</td>
<td>$2.7</td>
<td>$30.00</td>
<td>$42.4K</td>
<td align="right">40</td>
<td align="right">355</td>
</tr>
<tr>
<td>PLAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$2.7</td>
<td>$2.55</td>
<td>$2.65</td>
<td>$30.00</td>
<td>$41.6K</td>
<td align="right">40</td>
<td align="right">198</td>
</tr>
<tr>
<td>PLAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$2.75</td>
<td>$2.6</td>
<td>$2.75</td>
<td>$30.00</td>
<td>$35.7K</td>
<td align="right">40</td>
<td align="right">485</td>
</tr>
</tbody>
</table>

<h3>About Dave &amp; Buster's Enter</h3>
Dave &amp; Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. Each store offers a full menu of entries and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. It derives maximum revenue from Entertainment.
Following our analysis of the options activities associated with Dave &amp; Buster's Enter, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Dave &amp; Buster's Enter</h3>
<ul>
<li>Trading volume stands at 1,069,989, with PLAY's price up by 1.95%, positioned at $29.26.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 98 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
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 Dave &amp; Buster's Enter options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

PLAY

Dave & Buster's Enter's Options: A Look at What the Big Money is Thinking

Investors with a lot of money to spend have taken a bearish stance on Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ANET, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 19 uncommon options trades for Arista Networks.
This isn't normal.
The overall sentiment of these big-money traders is split between 42% bullish and 47%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $68,200, and 17 are calls, for a total amount of $912,074.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $52.5 and $121.0 for Arista Networks, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Arista Networks's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Arista Networks's whale activity within a strike price range from $52.5 to $121.0 in the last 30 days. 
<h3>Arista Networks Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735065922_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$39.3</td>
<td>$38.5</td>
<td>$39.0</td>
<td>$75.00</td>
<td>$195.0K</td>
<td>1.2K</td>
<td align="right">50</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$49.6</td>
<td>$48.7</td>
<td>$48.9</td>
<td>$65.00</td>
<td>$107.5K</td>
<td>2.9K</td>
<td align="right">22</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$31.2</td>
<td>$30.9</td>
<td>$31.2</td>
<td>$92.50</td>
<td>$74.8K</td>
<td>43</td>
<td align="right">25</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$5.8</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$120.00</td>
<td>$65.1K</td>
<td>1.6K</td>
<td align="right">140</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$7.6</td>
<td>$7.5</td>
<td>$7.6</td>
<td>$120.00</td>
<td>$60.0K</td>
<td>1.1K</td>
<td align="right">108</td>
</tr>
</tbody>
</table>

<h3>About Arista Networks</h3>
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
<h3>Arista Networks's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 2,040,311, the ANET's price is up by 1.39%, now at $114.66. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 48 days.</li>
</ul>
<h3>Expert Opinions on Arista Networks</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $121.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Barclays persists with their Overweight rating on Arista Networks, maintaining a target price of $125. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on Arista Networks, which currently sits at a price target of $118. 
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.
If you want to stay updated on the latest options trades for Arista Networks, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

ANET

Smart Money Is Betting Big In ANET Options

‘Dogecoin Killer' Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) experienced a price surge on Tuesday, fuelled by increased whale activity and broader optimism in the crypto market. Quick snapshot of the top three meme coins:
<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>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00002317&nbsp;</td>
<td>$13.7 billion</td>
<td>+6.6%&nbsp;</td>
<td>-14.9%&nbsp;</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.3343</td>
<td>$49.3 billion</td>
<td>+7.4%&nbsp;</td>
<td>-16.9%&nbsp;</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>&nbsp;$0.00001921</td>
<td>$8.08 billion</td>
<td>+8.7%&nbsp;</td>
<td>-17.2%&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Ali Martinez, a crypto chart analyst, pointed out a buy signal on SHIB&#8217;s daily chart using the TD Sequential indicator. He predicts a potential price rebound to $0.000026 or even $0.000029.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The TD Sequential indicator presented a buy signal on the <a href="https://twitter.com/hashtag/ShibaInu?src=hash&amp;ref_src=twsrc%5Etfw">#ShibaInu</a> <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> daily chart, anticipating a rebound to $0.000026 or even $0.000029! <a href="https://t.co/N2QZSs0nCl">pic.twitter.com/N2QZSs0nCl</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1871573549628137600?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Moon Show, another crypto trader, <a href="https://x.com/TheMoonCarl/status/1871567897337696681">highlighted</a> that despite a 15% correction over the past week, SHIB remains within a 1-week ascending triangle. He conservatively targets $0.000056 for this cycle.
Statistics: IntoTheBlock <a href="https://app.intotheblock.com/">data</a> shows large transaction volume increased by 265.3% in a single day while daily active addresses were up 0.12%. Transactions greater than $100,000 moved up from 118 to 180, pushing SHIB prices higher. Shibarium <a href="https://www.shibariumscan.io/">data</a> showed steady daily transactions at about 4.7 million since mid-December.
What's Next: Shiba Inu's surge reflects increased interest from large-scale investors, aligning with a broader recovery in crypto sentiment. The combination of technical buy signals and rising whale activity suggests potential for further upside.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42645811/dogecoin-shiba-inu-could-underperform-stronger-cryptos-trader-warns-heres-why">Dogecoin, Shiba Inu Could Underperform Stronger Cryptos, Trader Warns: Here&#8217;s Why</a></li>
</ul>
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Shiba Inu Surges As Whale Transactions Jump 265%, Trader Anticipates 12-25% Upside

BYD Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), the Chinese new energy vehicle (NEV) giant, has reportedly expanded its global footprint by entering the Ethiopian market.
On December 21, the company partnered with Ethiopian distributor Moenco, a subsidiary of the Inchcape Group, to launch its brand in the East African country, CnEV Post <a target="_blank" href="https://cnevpost.com/2024/12/24/byd-enters-ethiopia/" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/24/12/42671903/investors-aggressively-bought-stocks-etfs-despite-fed-volatile-week-bank-of-america-reveals-largest-inflows-since-2017" rel="noreferrer noopener">Investors Aggressively Bought Stocks, ETFs In Volatile Fed Week: Bank Of America Reveals Largest Inflows Since 2017</a>
The brand unveiling, held in Addis Ababa, introduced five of BYD&#8217;s battery electric vehicle (BEV) models, including the compact Seagull hatchback and the Tang SUV, marking a significant step in BYD&#8217;s efforts to expand its presence in Africa.
This move comes on the heels of BYD&#8217;s recent entry into<a target="_blank" href="https://www.benzinga.com/markets/equities/24/12/42485764/tesla-rival-byd-enters-omani-market-launches-five-ev-models-as-part-of-gulf-expansion-report" rel="noreferrer noopener"> the Omani automotive market</a>. Earlier this month, the company celebrated a brand launch in Muscat, where it also opened three local stores.
In Oman, BYD introduced five models, including the Han, Yuan Plus, Seal, Song Plus DM-i, and Qin Plus DM-i, all aligning with the country&#8217;s push for sustainable development under Vision 2040.
However, BYD&#8217;s international expansion has not been without challenges. Brazilian authorities recently halted the construction of a BYD plant in Salvador, Bahia, after rescuing 163 workers living <a target="_blank" href="https://www.benzinga.com/government/regulations/24/12/42667814/brazil-authorities-halt-work-at-byd-factory-site-after-workers-found-in-slavery-like-conditions" rel="noreferrer noopener">in what they described as &#8220;slavery-like&#8221; conditions.</a>
Authorities shut down the workers&#8217; lodgings and issued a statement in cooperation with BYD and construction contractor Jinjiang Construction Brazil Ltd. While BYD continues to promote green mobility, this setback highlights the ongoing challenges the company faces in its global growth strategy.
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42658817/5-semiconductor-stocks-wall-street-analysts-predict-could-soar-in-2025" target="_blank" rel="noreferrer noopener">5 Semiconductor Stocks Wall Street Analysts Predict Could Soar In 2025</a></li>
</ul>
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Tech

Media

BYDDF

BYDDY

BYD Expands Into Ethiopia With Launch of 5 EV Models: Report

On Monday, Netflix&nbsp;Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)&nbsp;prosecuted Broadcom Inc. &#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/m-a/24/07/39692197/broadcom-issues-5b-in-debt-to-fund-vmware-acquisition" rel="noreferrer noopener">cloud computing subsidiary</a> VMware in a California court for allegedly infringing its patent rights.
Netflix accused VMware of violating five patent rights in &#8220;virtual machines&#8221; that run another computer&#8217;s operating software on a host computer, according to the Reuters report.
Broadcom&#8217;s U.S. lawsuit against Netflix will likely go to trial in June 2025.
Netflix sought monetary damages. Broadcom held $9.35 billion in cash and equivalents as of <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42472193/broadcom-inc-announces-fourth-quarter-and-fiscal-year-2024-financial-results-and-quarterly-dividen" rel="noreferrer noopener">November 3, 2024</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42645821/elon-musks-xai-expands-with-new-chatbot-app" rel="noreferrer noopener">Elon Musk&#8217;s xAI To Expand With New Chatbot App</a>
This is not the first case between the two companies &#8211; Broadcom filed a patent dispute case against Netflix in 2018 for alleged infringement of Broadcom patents related to video streaming technology. In 2023, Broadcom&nbsp;snapped VMware&nbsp;for $69 billion.
Analyst opinions on Broadcom and Netflix: In September 2024, JPMorgan analyst Harlan Sur lauded the VMware acquisition <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40750949/broadcom-analysts-lifts-ai-revenue-forecast-to-12b-on-potential-strong-demand-from-" rel="noreferrer noopener">for impressive synergies</a>, with a 25%+ sequential growth expectation in the fourth quarter. VMware helped infrastructure software revenue grow 41% in the third quarter, helping Broadcom&#8217;s revenue climb to $13.07 billion, topping consensus estimates.
Sur flagged VMware&#8217;s strong software renewal rates and upsell opportunities, with revenue potentially reaching $4.5-$5 billion per quarter by 2025.
Rosenblatt, B of A Securities, and JP Morgan <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42489281/broadcoms-ai-chip-leadership-puts-pressure-on-nvidia-and-marvell-analysts-say" rel="noreferrer noopener">raised their price targets</a> on Broadcom after its fourth-quarter report, citing its custom-chip (ASIC) AI and ability to maintain a relationship with Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
Oppenheimer analyst Jason Helfstein hailed Netflix as the sole investable <a target="_blank" href="https://www.benzinga.com/general/sports/24/12/42512587/netflix-analyst-say-its-only-investable-media-stock-projects-150-million-nfl-christmas-day-boost" rel="noreferrer noopener">mainstream media stock</a>, citing its streaming moat and potential for live event upside.
Price Actions: NFLX stock closed up 2.27% at $932.12 on Tuesday. AVGO up by 3.15%.
Also Read:
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<li><a href="https://www.benzinga.com/24/12/42644888/biden-administration-targets-chinese-firm-over-taiwan-semiconductor-chip-found-in-huawei-tech" target="_blank" rel="noreferrer noopener">Biden Administration Targets Chinese Firm Over Taiwan Semiconductor Chip Found in Huawei Tech</a></li>
</ul>
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Legal

AAPL

AVGO

NFLX

Broadcom and Netflix Clash Over Patent Disputes Ahead of 2025 Trial

Four Corners Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCPT#NYSE">FCPT</a>), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a portfolio of automotive service properties for $12 million from a national operator via sale-leaseback. The properties are located in strong retail corridors across multiple states. The sites are under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. Our tenant has requested confidentiality around disclosure of the brand name.

FCPT

FCPT Acquires A Portfolio Of Automotive Service Properties From A National Operator For $12M Via Sale-Leaseback

Financial giants have made a conspicuous bearish move on Lululemon Athletica. Our analysis of options history for Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) revealed 12 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $129,565, and 9 were calls, valued at $489,635.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $260.0 to $450.0 for Lululemon Athletica over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Lululemon Athletica's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Lululemon Athletica's whale trades within a strike price range from $260.0 to $450.0 in the last 30 days. 
<h3>Lululemon Athletica Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735065028_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$22.1</td>
<td>$21.4</td>
<td>$21.4</td>
<td>$400.00</td>
<td>$104.5K</td>
<td>1.1K</td>
<td align="right">56</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$15.0</td>
<td>$12.85</td>
<td>$14.94</td>
<td>$400.00</td>
<td>$74.9K</td>
<td>159</td>
<td align="right">50</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$116.75</td>
<td>$111.45</td>
<td>$113.95</td>
<td>$310.00</td>
<td>$68.3K</td>
<td>142</td>
<td align="right">6</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$49.8</td>
<td>$49.55</td>
<td>$49.55</td>
<td>$380.00</td>
<td>$64.4K</td>
<td>230</td>
<td align="right">66</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$108.5</td>
<td>$104.65</td>
<td>$107.43</td>
<td>$280.00</td>
<td>$53.7K</td>
<td>837</td>
<td align="right">5</td>
</tr>
</tbody>
</table>

<h3>About Lululemon Athletica</h3>
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Having examined the options trading patterns of Lululemon Athletica, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Lululemon Athletica</h3>
<ul>
<li>Trading volume stands at 495,677, with LULU's price up by 0.57%, positioned at $385.69.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 86 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
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 Lululemon Athletica options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

LULU

Lululemon Athletica's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bullish move on Reddit. Our analysis of options history for Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) revealed 32 unusual trades.
Delving into the details, we found 46% of traders were bullish, while 31% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $184,545, and 28 were calls, valued at $1,624,369.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $115.0 and $260.0 for Reddit, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Reddit's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Reddit's whale activity within a strike price range from $115.0 to $260.0 in the last 30 days. 
<h3>Reddit Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735065023_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$30.7</td>
<td>$29.75</td>
<td>$30.0</td>
<td>$180.00</td>
<td>$300.0K</td>
<td>657</td>
<td align="right">101</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$25.6</td>
<td>$24.55</td>
<td>$25.6</td>
<td>$185.00</td>
<td>$256.0K</td>
<td>39</td>
<td align="right">100</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$22.75</td>
<td>$22.45</td>
<td>$22.75</td>
<td>$200.00</td>
<td>$138.7K</td>
<td>259</td>
<td align="right">66</td>
</tr>
<tr>
<td>RDDT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$13.0</td>
<td>$12.6</td>
<td>$12.88</td>
<td>$180.00</td>
<td>$65.0K</td>
<td>92</td>
<td align="right">67</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$15.8</td>
<td>$15.15</td>
<td>$15.47</td>
<td>$170.00</td>
<td>$58.7K</td>
<td>5.4K</td>
<td align="right">159</td>
</tr>
</tbody>
</table>

<h3>About Reddit</h3>
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.
Following our analysis of the options activities associated with Reddit, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Reddit</h3>
<ul>
<li>With a trading volume of 2,074,253, the price of RDDT is up by 5.39%, reaching $177.7.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 91 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Reddit</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $179.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Needham keeps a Buy rating on Reddit with a target price of $190. 
&#x2A; An analyst from Jefferies persists with their Buy rating on Reddit, maintaining a target price of $175. 
&#x2A; An analyst from Guggenheim downgraded its action to Buy with a price target of $210. 
&#x2A; An analyst from Baird has decided to maintain their Neutral rating on Reddit, which currently sits at a price target of $160. 
&#x2A; Consistent in their evaluation, an analyst from JMP Securities keeps a Market Outperform rating on Reddit with a target price of $160. 
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.
If you want to stay updated on the latest options trades for Reddit, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

RDDT

Check Out What Whales Are Doing With RDDT

Whales with a lot of money to spend have taken a noticeably bullish stance on KLA.
Looking at options history for KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $154,025 and 6, calls, for a total amount of $203,131.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $320.0 to $660.0 for KLA over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for KLA's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across KLA's significant trades, within a strike price range of $320.0 to $660.0, over the past month.
<h3>KLA Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735065018_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$41.9</td>
<td>$39.4</td>
<td>$41.9</td>
<td>$640.00</td>
<td>$104.7K</td>
<td align="right">368</td>
<td align="right">44</td>
</tr>
<tr>
<td>KLAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$36.3</td>
<td>$31.8</td>
<td>$32.85</td>
<td>$640.00</td>
<td>$49.2K</td>
<td align="right">1</td>
<td align="right">15</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$20.5</td>
<td>$18.5</td>
<td>$19.9</td>
<td>$660.00</td>
<td>$41.7K</td>
<td align="right">195</td>
<td align="right">64</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$20.3</td>
<td>$18.5</td>
<td>$19.9</td>
<td>$660.00</td>
<td>$37.8K</td>
<td align="right">195</td>
<td align="right">122</td>
</tr>
<tr>
<td>KLAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$20.4</td>
<td>$18.5</td>
<td>$19.9</td>
<td>$660.00</td>
<td>$35.8K</td>
<td align="right">195</td>
<td align="right">103</td>
</tr>
</tbody>
</table>

<h3>About KLA</h3>
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Having examined the options trading patterns of KLA, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>KLA's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 348,632, the KLAC's price is up by 0.39%, now at $650.53. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 30 days.</li>
</ul>
<h3>What The Experts Say On KLA</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $751.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on KLA with a target price of $703. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on KLA, maintaining a target price of $800. 
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 KLA options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

KLAC

KLA Options Trading: A Deep Dive into Market Sentiment

Kevin O'Leary, known for his straightforward attitude on Shark Tank, recently stated that you don't have to love Donald Trump to appreciate his policies. In a recent <a href="https://www.youtube.com/watch?v=DAEDN5TLnmY">appearance</a> on Fox Business, O'Leary praised the president-elect&#8217;s pro-business strategies, saying they are exactly what America needs to boost the economy and create jobs.
O'Leary is working on a massive project in Alberta, Canada – supposedly the world's largest AI data center. However, his attention is equally focused on the U.S., where he believes Trump's policies could fast-track similar ventures. Trump recently promised expedited permits for large infrastructure projects, something O'Leary says would be a game-changer.
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</ul>
"If he can deliver that," O'Leary said, "it's going to bring capital back to the United States." He explained that permitting delays often scare off investors and stall big projects. By cutting red tape, Trump's plan could open the floodgates for investment, particularly in the energy and tech sectors, per O&#8217;Leary.
The <a href="https://www.benzinga.com/real-estate/24/12/42486613/kevin-oleary-has-recently-noted-the-increasing-demand-for-data-centers-describing-them-as-a-notable-combination-of-real-estate-and-technology-with-considerable-potential">AI data center</a> he is building in Canada will rely on natural gas turbines for power, an interim solution until nuclear energy becomes more viable. He is also exploring similar projects in West Virginia and North Dakota but says U.S. permitting delays are a major hurdle.
According to O'Leary, Trump's promise to simplify the permitting process is exactly what is needed to turn these ideas into reality.
Trending: 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>
<h2 class="wp-block-heading">Jobs and Economic Growth</h2>
O'Leary also believes that policies promoting infrastructure and energy projects will create significant jobs. "This is what we need," he said. "You can still hate Trump, but you've got to love his policies because that will bring jobs to these states."
O'Leary argues that these initiatives can breathe new life into local economies by cutting through bureaucracy and encouraging private investment. He is particularly optimistic about how such policies can attract capital, boost industries and ultimately create long-term stability.
Critics fear that cutting corners on permits could result in problems for the environment and public safety. Some contend that these rules prioritize corporations over regular citizens. O&#8217;Leary, however, is adamant and emphasizes the necessity of bold action to boost businesses and lessen supposed dependency on imported energy.
See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
O'Leary is focused on outcomes. For him, it is not about politics – it is about what works. Whether AI data centers in Canada or energy projects in the U.S., he sees Trump's business-first approach as a blueprint for success.
In October, O'Leary also <a href="https://www.benzinga.com/startups/24/11/41750727/kevin-oleary-supports-elon-musks-2-trillion-plan-to-slash-government-spending-with-trumps-backing-it">weighed in on Elon Musk's ambitious $2 trillion plan</a> to slash federal spending. Backed by Trump, Musk is proposed to lead the so-called Department of Government Efficiency (DOGE) in Trump&#8217;s second term. O'Leary called for Musk's cost-cutting expertise to be unleashed across federal agencies. "Let them in there and come back with a shopping list of ideas and let's debate it. Why not? We need to find some savings," he said.
Read Next:
<ul>
<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>
<li>This Jeff Bezos-backed startup will allow you to <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.</a></li>
</ul>

Kevin O'Leary Says, 'You Can Hate Trump, But You've Got To Love His Policies' – They Will 'Bring Jobs'

CorVel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRVL#NASDAQ">CRVL</a>) today announced the effectiveness of a three-for-one forward stock split, along with a proportionate increase in the number of authorized shares of its common stock to accommodate the stock split.
The Company filed an amendment to its Fourth Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the stock split and proportionate increase in the number of authorized shares of its common stock. The amendment will be effective on December 24, 2024.
As a result of the stock split, every one share of common stock outstanding or held in treasury on December 23, 2024, the record date for the stock split, was split into three shares of common stock. The additional shares of common stock are expected to be distributed on December 24, 2024.
Trading is expected to begin on a post-stock split adjusted basis at market open on December 26, 2024.

Stock Split

CRVL

CorVel's 3-For-1 Forward Stock Split Expected To Begin Trading On A Split Adjusted Basis On December 26, 2024

Whales with a lot of money to spend have taken a noticeably bearish stance on MercadoLibre.
Looking at options history for MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) we detected 16 trades.
If we consider the specifics of each trade, it is accurate to state that 12% of the investors opened trades with bullish expectations and 37% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $667,602 and 7, calls, for a total amount of $371,196.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $1300.0 and $2020.0 for MercadoLibre, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MercadoLibre's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MercadoLibre's substantial trades, within a strike price spectrum from $1300.0 to $2020.0 over the preceding 30 days.
<h3>MercadoLibre Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735064137_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$58.0</td>
<td>$48.1</td>
<td>$48.1</td>
<td>$1300.00</td>
<td>$240.5K</td>
<td align="right">9</td>
<td align="right">50</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$467.7</td>
<td>$456.4</td>
<td>$459.56</td>
<td>$1400.00</td>
<td>$137.8K</td>
<td align="right">0</td>
<td align="right">3</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/24/25</td>
<td>$176.7</td>
<td>$161.7</td>
<td>$169.2</td>
<td>$1900.00</td>
<td>$84.5K</td>
<td align="right">21</td>
<td align="right">5</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/24/25</td>
<td>$173.5</td>
<td>$162.3</td>
<td>$167.9</td>
<td>$1900.00</td>
<td>$83.9K</td>
<td align="right">21</td>
<td align="right">15</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/24/25</td>
<td>$173.3</td>
<td>$162.4</td>
<td>$167.83</td>
<td>$1900.00</td>
<td>$83.9K</td>
<td align="right">21</td>
<td align="right">20</td>
</tr>
</tbody>
</table>

<h3>About MercadoLibre</h3>
MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
In light of the recent options history for MercadoLibre, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of MercadoLibre</h3>
<ul>
<li>Currently trading with a volume of 104,409, the MELI's price is up by 0.78%, now at $1743.29. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 58 days.</li>
</ul>
<h3>Expert Opinions on MercadoLibre</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $2450.0.
Turn $1000 into $1270 in just 20 days?
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&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on MercadoLibre with a target price of $2450. 
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 MercadoLibre options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

MELI

Check Out What Whales Are Doing With MELI

Whales with a lot of money to spend have taken a noticeably bearish stance on UnitedHealth Group.
Looking at options history for UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) we detected 22 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $808,287 and 12, calls, for a total amount of $845,387.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $280.0 to $600.0 for UnitedHealth Group over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for UnitedHealth Group's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across UnitedHealth Group's significant trades, within a strike price range of $280.0 to $600.0, over the past month.
<h3>UnitedHealth Group 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735064132_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UNH</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$37.2</td>
<td>$34.85</td>
<td>$35.87</td>
<td>$520.00</td>
<td>$355.1K</td>
<td>1.0K</td>
<td align="right">4</td>
</tr>
<tr>
<td>UNH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$60.1</td>
<td>$59.0</td>
<td>$59.0</td>
<td>$500.00</td>
<td>$147.5K</td>
<td>60</td>
<td align="right">25</td>
</tr>
<tr>
<td>UNH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$97.15</td>
<td>$92.9</td>
<td>$96.17</td>
<td>$510.00</td>
<td>$144.2K</td>
<td>17</td>
<td align="right">15</td>
</tr>
<tr>
<td>UNH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$111.25</td>
<td>$109.95</td>
<td>$111.23</td>
<td>$600.00</td>
<td>$133.4K</td>
<td>164</td>
<td align="right">14</td>
</tr>
<tr>
<td>UNH</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$174.2</td>
<td>$166.85</td>
<td>$170.85</td>
<td>$340.00</td>
<td>$85.4K</td>
<td>4</td>
<td align="right">5</td>
</tr>
</tbody>
</table>

<h3>About UnitedHealth Group</h3>
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 50 million members globally, including 1 million outside the us as June 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
Having examined the options trading patterns of UnitedHealth Group, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is UnitedHealth Group Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,772,723, the price of UNH is down by -0.05%, reaching $506.1.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 17 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for UnitedHealth Group</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $648.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Oppenheimer persists with their Outperform rating on UnitedHealth Group, maintaining a target price of $640. 
&#x2A; Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on UnitedHealth Group with a target price of $625. 
&#x2A; Maintaining their stance, an analyst from Stephens &amp; Co. continues to hold a Overweight rating for UnitedHealth Group, targeting a price of $675. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for UnitedHealth Group, targeting a price of $655. 
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.
If you want to stay updated on the latest options trades for UnitedHealth Group, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

UnitedHealth Group's Options Frenzy: What You Need to Know

Whales with a lot of money to spend have taken a noticeably bullish stance on Oracle.
Looking at options history for Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) we detected 15 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $705,955 and 10, calls, for a total amount of $862,606.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $270.0 for Oracle over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Oracle's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Oracle's significant trades, within a strike price range of $120.0 to $270.0, over the past month.
<h3>Oracle Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735064127_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$16.75</td>
<td>$16.0</td>
<td>$16.65</td>
<td>$175.00</td>
<td>$499.5K</td>
<td>908</td>
<td>300</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$43.2</td>
<td>$43.0</td>
<td>$43.18</td>
<td>$130.00</td>
<td>$280.7K</td>
<td>344</td>
<td>65</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$25.25</td>
<td>$25.0</td>
<td>$25.0</td>
<td>$170.00</td>
<td>$170.0K</td>
<td>252</td>
<td>68</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.52</td>
<td>$2.44</td>
<td>$2.5</td>
<td>$175.00</td>
<td>$125.0K</td>
<td>4.6K</td>
<td>604</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.89</td>
<td>$0.81</td>
<td>$0.81</td>
<td>$160.00</td>
<td>$89.2K</td>
<td>15.1K</td>
<td>2.1K</td>
</tr>
</tbody>
</table>

<h3>About Oracle</h3>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has more than 400,000 customers in 175 countries.
<h3>Where Is Oracle Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 2,434,869, with ORCL's price up by 1.34%, positioned at $171.41.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 76 days.</li>
</ul>
<h3>Expert Opinions on Oracle</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $192.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Oracle with a target price of $210. 
&#x2A; An analyst from RBC Capital downgraded its action to Sector Perform with a price target of $165. 
&#x2A; An analyst from Jefferies has decided to maintain their Buy rating on Oracle, which currently sits at a price target of $220. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Oracle, maintaining a target price of $194. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Oracle, targeting a price of $175. 
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 Oracle with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

ORCL

Smart Money Is Betting Big In ORCL Options

Wall Street kicked off the Santa Rally season on a positive note, with all major indices and sectors closing higher in a shortened session ahead <a href="https://www.benzinga.com/markets/equities/24/12/42665923/is-stock-market-open-on-christmas-eve-2024-a-quick-guide-for-market-hours-banks-and-whats-closed-for-santa-claus">of the Christmas holiday.</a>
The S&amp;P 500 climbed 1%, extending its gains for a third consecutive session following last week&#8217;s volatile Federal Reserve meeting.
The Dow Jones Industrial Average rose 0.9%, while the tech-heavy Nasdaq 100 gained 1.3%, nearly erasing last week&#8217;s losses.
Consumer discretionary stocks, the top-performing sector of the year, led the rally amid light trading volumes. Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) surged 7.35%, marking its strongest single-day performance since November.
Other standout performers in the S&amp;P 500 included Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), and Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), up 2.4%, 2.8% and 2.5% respectively. 
The U.S. dollar index posted modest gains, with the greenback hovering near over one-year highs against the euro. Treasury yields remained stable, with the 10-year benchmark at 4.6%, the highest level since May.
In commodities, gold edged up 0.4%, while oil prices rose 0.7%.
Risk appetite returned to the cryptocurrency market following recent volatility, as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) jumped 4% to over $98,000. This rally buoyed crypto-related stocks, including Microstrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), MARA Digital Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), and Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), all posting notable gains.
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,771.80</td>
<td>1.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,032.64</td>
<td>1.0%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,254.99</td>
<td>0.8%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,239.42</td>
<td>0.8%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.1% to $601.01.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.8% to $432.44.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.3% to $529.94.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1% to $223.46.</li>
<li>The&nbsp;Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up by 2.3%; the&nbsp;Utilities Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, up 0.5%.</li>
</ul>
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42673660/bitcoin-ethereum-xrp-dogecoin-surge-around-5-in-christmas-eve-santa-rally">Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve &#8216;Santa Rally&#8217;</a></li>
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Santa Rally Kicks Off On Wall Street: Stocks Gain, Tesla Soars, Bitcoin Hits $98,000

WIIM

Color Star Technology shares are trading higher after the company announced a prominent member of the UAE's royal family, has joined the company as an independent director.

Color Star Technology Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artiﬁcial intelligence in the entertainment industry, announces today that His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla, a prominent member of the United Arab Emirates royal family, has oﬃcially joined the company as an independent director of the Company's board of directors. This appointment not only introduces strong leadership to Color Star but also strengthens the company's ties with the Middle East, particularly the UAE.
His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla is a distinguished ﬁgure in UAE politics, wielding considerable inﬂuence in the Al Mualla region. As a core member of the ruling family of the Umm Al-Quwain Emirate, he plays a vital role on the UAE's political stage. Born in Ajman, the nation's capital, His Highness Shaikh Humaid is also the nephew of the current UAE President, a connection that underscores his esteemed reputation both domestically and internationally.
The Al Mualla family, one of the oldest royal lineages in the Middle East, has historically governed the Umm Al-Quwain Emirate.

Management

Color Star Technology Announces Shaikh Humaid Abdulla Rashed Ahmed Almualla, A Prominent Member Of The United Arab Emirates Royal Family, Has Oﬃcially Joined The Company As An Independent Director Of The Company's Board Of Directors

Navient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAVI#NASDAQ">NAVI</a>) has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $14.67, a high estimate of $17.00, and a low estimate of $11.00. This upward trend is apparent, with the current average reflecting a 2.59% increase from the previous average price target of $14.30.
<img src="https://www.benzinga.com/files/images/story/2024/1735063235_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Navient. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nathaniel Richam-Odoi</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$15.50</td>
</tr>
<tr>
<td>Moshe Orenbuch</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Sell</td>
<td>$13.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Terry Ma</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$11.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Nathaniel Richam-Odoi</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Neutral</td>
<td>$17.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Navient. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Navient compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Navient's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Capture valuable insights into Navient's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/NAVI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Navient analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Navient</h2>
Navient Corp provides technology-enabled education finance and business processing solutions that simplify complex programs and help millions of people achieve success. It operates business in three segments: Federal Education Loans, Consumer Lending and Business Processing.
<h3>Navient: A Financial Overview</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining Navient's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -58.06% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Navient's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -1.13%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Navient's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.07%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Navient's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.0%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 18.32, caution is advised due to increased financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

NAVI

Breaking Down Navient: 6 Analysts Share Their Views

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Beliss (BLIS) has issued an update. In a strategic pivot towards the defense and law enforcement sectors, the Board of Directors of a company has d...

Beliss Rebrands and Expands into Defense Sector with Acquisition

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Company Name Change to NAPC Defense, Inc. (OTCPK: BLIS) and Website to NAPCDefense.com among Business Updates

Shares Moving Higher on Firm Name Change Following Merger

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NAPC Defense, Inc. (OTCPK: BLIS) begins Highly Anticipated Visits with Key European Contacts, and to Saudi Arabia for CornerShot Demonstrations

NAPC Defense, Inc. (OTCPK: BLIS) updates Progress with Saudi Arabia regarding Future Plans and CornerShot Demonstrations

NAPC Defense, Inc. (OTCPK: BLIS) issues Progress Report regarding Large Contract with Saudi Arabia

NAPC Defense (OTCPK: BLIS) Awarded in Excess of $1 Million in Clean-up Contracts following Hurricanes Helene and Milton

NAPC Defense (OTCPK: BLIS) to Demonstrate Corner Shot and Attend SWAT Round-Up 2024 as a Convention Exhibitor

NAPC Defense and Lamperd Less Lethal form Partnership for Security Products Marketing in The USA and Worldwide

NAPC Defense (OTCPK: BLIS) issues new Progress Report regarding Large Contract with Saudi Arabia, Live-Fire Demos for U.S. based Police and SWAT, Manufacturing update, and more

LLLI

NAPC Defense

This was a huge week for the marijuana industry: Canada became the second country in the world to legalize cannabis for recreational uses.

&ldquo;October 17 was set as the first day for recreational sales. Some people in the industry wanted an earlier date, but at least companies can now make plans for a specific date,&rdquo; Debra Borchardt, CEO of Green Market Report told Benzinga.

Other experts&nbsp;<a href="http://www.benzinga.com/government/18/06/11911059/canada-legalizes-recreational-marijuana-nationwide-beginning-oct-17-expert">highlighted the impact of Canada&rsquo;s move on the international realm</a>. Jeff Siegel, managing editor of Green Chip Stocks, singled out a few stocks he believes &ldquo;are going to continue to see a flood of capital coming in&hellip;. much of which was previously flooding into Canada.&rdquo;

&ldquo;The other big news was that Tilray filed for an IPO on the NASDAQ,&rdquo; Borchardt said. &ldquo;The company reported solid financial numbers, and that will make this a sought-after offering among cannabis investors. Tilray will be a &lsquo;controlled company&rsquo; since Privateer Holdings will have the majority voting power.&quot;

In addition, High Times&nbsp;announced its crowdfunding campaign and RegA+ IPO. Investors are now able to purchase shares of the 44-year-old media and entertainment company before its planned Nasdaq stock market listing later this year. This comes after the company announced that it is adding former President of Mexico, Vicente Fox Quesada, to its board.

Related Link: <a href="https://www.benzinga.com/news/18/02/11188995/former-mexican-president-vicente-fox-talks-nafta-trump-and-regulated-marijuana-t">Former Mexican President Vicente Fox Talks NAFTA, Trump And Regulated Marijuana Trade</a>

&ldquo;The company is only weeks away from publicly listing on the Nasdaq, just weeks after organizing America&#39;s first state-sanctioned recreational cannabis event in Sacramento,&rdquo; Fox told Benzinga. &ldquo;This is an enormous opportunity for the general populous to buy into the growing green rush, and they&#39;re just getting started.&rdquo;

See details of the IPO below:

<img alt="" src="/files/u82070/most-trusted-media-brand-1.jpg" style="height:329px; width:600px" />

Source: High Times.

Despite the news, the United States Marijuana Index, which tracks 17 of the largest marijuana stocks in the U.S., lost 3.7 percent this week, while the North American Marijuana Index, which also includes Canadian stocks, tumbled less than 1 percent.

Over the last five trading days, the Horizons Marijuana Life Sciences Index ETF (OTC:<a class="ticker" href="/stock/HMLSF#OTC">HMLSF</a>) (TSE:HMMJ) gained 7.3 percent, while the ETFMG Alternative Harvest ETF (NYSE:<a class="ticker" href="/stock/MJ#NYSE">MJ</a>) rose almost 4 percent &ndash; and started trading ex-dividend. The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="/stock/SPY#NYSE">SPY</a>) was down 0.7 percent.

<h3>Stock Moves</h3>

Here are some of the top marijuana stocks in U.S. exchanges and how the performed over the last five trading days:

<ul>
	<li>22nd Century Group Inc (NYSE:<a class="ticker" href="/stock/XXII#NYSE">XXII</a>): up 10.3 percent</li>
	<li>Aphria Inc (OTC:<a class="ticker" href="/stock/APHQF#OTC">APHQF</a>): up 8.2 percent</li>
	<li>Aurora Cannabis Inc (OTC:<a class="ticker" href="/stock/ACBFF#OTC">ACBFF</a>): up 10.45 percent</li>
	<li>Cannabis Sativa Inc (OTC:<a class="ticker" href="/stock/CBDS#OTC">CBDS</a>): up 1 percent</li>
	<li>CannTrust Holdings Inc (OTC:<a class="ticker" href="/stock/CNTTF#OTC">CNTTF</a>): up 7.6 percent</li>
	<li>Canopy Growth Corp (NYSE:<a class="ticker" href="/stock/CGC#NYSE">CGC</a>): up 10.2 percent</li>
	<li>Cronos Group Inc. (NASDAQ:<a class="ticker" href="/stock/CRON#NASDAQ">CRON</a>): up 2.85 percent</li>
	<li>GW Pharmaceuticals PLC- ADR (NASDAQ:<a class="ticker" href="/stock/GWPH#NASDAQ">GWPH</a>): up 3.1 percent</li>
	<li>Hiku Brands Company Ltd (OTC:<a class="ticker" href="/stock/DJACF#OTC">DJACF</a>): up 19.4 percent</li>
	<li>India Globalization Capital, Inc. (NYSE:<a class="ticker" href="/stock/IGC#NYSE">IGC</a>): down 1.6 percent</li>
	<li>iAnthus Capital Holdings Inc (OTC:<a class="ticker" href="/stock/ITHUF#OTC">ITHUF</a>): up 13.15 percent</li>
	<li>MassRoots Inc (OTC:<a class="ticker" href="/stock/MSRT#OTC">MSRT</a>): up 0.1 percent</li>
	<li>MedReleaf Corp (OTC:<a class="ticker" href="/stock/MEDFF#OTC">MEDFF</a>): up 18 percent</li>
	<li>Scotts Miracle-Gro Co (NYSE:<a class="ticker" href="/stock/SMG#NYSE">SMG</a>): down 5 percent</li>
	<li>THC Biomed Intl Ltd (OTC:<a class="ticker" href="/stock/THCBF#OTC">THCBF</a>): up 11.8 percent</li>
	<li>Zynerba Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="/stock/ZYNE#NASDAQ">ZYNE</a>): down 2.7 percent</li>
</ul>

<h3>In Other News</h3>

A consortium of cannabis-related media professionals are conducting a Cannabis Media Survey. You can answer following <a href="http://www.surveymonkey.com/r/CannabisMediaSurvey1">this link</a>.

Cronos Group announced its subsidiary Cronos Australia was granted a medicinal cannabis Manufacture License by the Australian Office of Drug Control. This license allows the company to manufacture cannabinoid-based products in Australia, extracting, refining, concentrating and transforming the cannabis plant.

Tidal Royalty Corporation, a provider of royalty financing to licensed US cannabis operators, announced it will start trading on the Canadian Securities Exchange on June 25, under the ticker CSE: RLTY. In addition, the company completed a C$31.8 million ($23.9 million) equity financing via a private placement of common shares, taking the amount raised&nbsp;to C$40 million ($30.1 million). Tidal&nbsp;Royalty&nbsp;intends to use the net proceeds of the offering for &ldquo;royalty financings and for working capital and general corporate purposes.&rdquo;

&ldquo;Tidal&nbsp;Royalty&nbsp;offers very innovative, non-dilutive finance solutions for the cannabis industry. We have no operational ambitions whatsoever. We just want to be a smart finance company; nothing more than that,&rdquo; chairman and CEO Paul Rosen told Benzinga. Having said this, he added the company will aim for large-scale operators, usually cutting checks of C$10 million ($7.5 million) or more.

FSD Pharma Inc (CSE:<a class="ticker" href="/stock/HUGE#CSE">HUGE</a>) (OTC:<a class="ticker" href="/stock/FSDDF#OTC">FSDDF</a>) announced a partnership agreement with Cannara Biotech Inc. As per the agreement, FSD&rsquo;s fully-owned subsidiary FV Pharma will occupy over 105,000 square feet of indoor grow space from&nbsp;Cannara&rsquo;s 625,000 square-feet facility in Montreal.

Cannabis customer loyalty and <a href="https://www.benzinga.com/markets/emerging-markets/17/08/9873246/meet-springbig-a-leader-in-marijuana-marketing-thats-getting-">marketing platform&nbsp;springbig&nbsp;</a>announced it reached 1 million customers in just 12 months. The Boca Raton-based company partners with dispensaries and prominent POS systems like Cova, Greenbits and Flowhub to encourage repeat business for cannabis retailers with its digital communications tools.

&ldquo;We are excited about our year of explosive growth says,&rdquo; said springbig founder and CEO&nbsp;Jeff Harris.&nbsp;&ldquo;We know we have helped hundreds of retailers increase their ROI through our robust loyalty and digital communications platform and are gratified to reach this million consumer milestone with our dispensary partners.&rdquo;

Medical Marijuana Inc (OTC:<a class="ticker" href="/stock/MJNA#OTC">MJNA</a>) entered an LOI with Salvation Botanicals, a cannabis analytics and production company based in Canada, to create a number of CBD and, for the first time in the company&rsquo;s history, THC products.

&ldquo;We&rsquo;re excited to announce this collaboration and start using the whole cannabis plant to create many current and new products&nbsp;in Canada,&rdquo; said Medical Marijuana, Inc. CEO Stuart Titus. &ldquo;We feel confident that this new market opportunity will help us gain more international brand awareness and expand access to cannabis products significantly.&rdquo;

Online cannabis information platform The Fresh Toast announced Canada&rsquo;s Postmedia Network, Inc. (publisher of The National Post, The Toronto Sun, Ottawa Citizen, Vancouver Sun and Financial Post) named the former an exclusive content partner for its new venture, cannabis content site TheGrowthOp.

&ldquo;The Fresh Toast&rsquo;s demographics reflect more of the population than other cannabis sites, and is built around three established revenue streams providing a win/win/win for readers, investors and the industry.&nbsp;The relationship with Postmedia and its new&nbsp;TheGrowthOp&nbsp;information site is another benchmark in building a strong public media pillar for this quickly expanding market,&rdquo; said JJ McKay, founder and publisher of The Fresh Toast.

BlissCo Cannabis Corp. (CSE:<a class="ticker" href="/stock/BLIS#CSE">BLIS</a>) (OTC:<a class="ticker" href="/stock/HSTRF#OTC">HSTRF</a>) approved the addition of Dr. Bryn Hyndman to its advisory board. BlissCo&rsquo;s cannabis extraction lab with Canada&#39;s first first Midas MIDAS XII Co2 extraction system will ensure that BlissCo safely extracts therapeutic cannabis terpenes along with the whole plant oils, offering a full spectrum of benefits to patients.

Cannabis cultivator Canndescent, received Red Herring&rsquo;s Top 100 North America award. This accolade honors the most promising private technology ventures in North American each year. This is the first time a cannabis company has received, or even been nominated, for this award.

Cannabis retail franchise ONE Cannabis signed five franchise agreements with a Colorado group of investors. They anticipate the first two of these five units will open in the Denver metro area within the next six months.&nbsp;All told, the Denver-based franchisor expects to have 50 Colorado locations within the next 30 months. With more than 500 existing cannabis dispensaries spread throughout the state, CEO Christian Hageseth expects many of the franchise&#39;s newest Colorado units to be with independent marijuana retailers seeking guidance and ongoing support from a trusted industry source, as well as individuals who want to be part of a family of likeminded business owners.

Cannabis-focused media outlet Civilized.life&nbsp;launched a new podcast hosted by seasoned journalist Ricardo Baca.&nbsp;&quot;Cannabis &amp; Main,&quot; the new weekly&nbsp;Civilized show, explores modern mainstream marijuana.

&ldquo;Civilized is a more true reflection of cannabis culture in its entirety and we strongly felt there was no better home for Ricardo Baca&rsquo;s voice and unique insights. There are so many different ways that this plant and this industry can and will affect everyday lives. We wanted to create a series that would engage our audience with topics that matter to them. The title really represents the stories that we will tell; in-depth conversations happening at the intersection of cannabis and mainstream on relevant topics,&rdquo; said Derek Riedle, founder a publisher of Civilized.

Terra Tech Corp (OTC:<a class="ticker" href="/stock/TRTC#OTC">TRTC</a>)&nbsp;announced that, in the last two years, the company has added almost 275 jobs.

&ldquo;[We] anticipate to add another hundred fifty [jobs] over the next 12 months,&rdquo; CEO Derek Peterson told Benzinga. &ldquo;The job creation associated with the Cannabis industry and broader legalization has been significant. Unlike most other industries that can ship certain portions of their jobs overseas, the Cannabis industry is subject to significant regulation that legislates the full manufacturing sale and distribution process to happen within a state&#39;s borders, this creates an environment of significant economic impact and confirms why these jobs and businesses are so economically powerful in their local communities.&rdquo;

Las Vegas dispensary operator The+Source launched Cannabrew by HOPE Nevada, a line of cannabis-infused cold brew coffee. Dan Zarrella, director of marketing for The+Source noted: &ldquo;Cannabis and coffee is a great, lifestyle-enhancing combination. Micro-dosing 5 or 10 milligrams of THC-infused cold brew along with your morning coffee is a clear and focused way to elevate your day.&rdquo;

Foodservice, technology and brand management company Cannabiniers announced the expansion of its alternative beverage portfolio with the world&rsquo;s first line of CannaCrafted non-alcoholic THC and CBD infused craft beer, Two Roots Brewing Co, and a line of THC and CBD infused cold brewed iced coffees and teas, Just Society.&nbsp;

Just last year, Cannabiniers launched the world&#39;s first line of cannabis infused coffee, tea and cocoa delivered through a patented, 100 percent compostable flower-based single-brew pod, <a href="https://www.benzinga.com/news/17/08/9848123/this-compostable-cannabis-infused-coffee-pods-maker-is-all-about-social-impact">BrewBudz</a>. Both Two Roots and Just Society are expected to hit shelves in Nevada in July.

&ldquo;We&rsquo;ve spent more than two years in research and development to offer consumers a product that integrates with their lifestyle,&rdquo; said Kevin Love, director of product development. &ldquo;We relish the opportunity to set a strong precedent for quality and taste as first-to-market in the realm of THC and CBD infused beer, as well as our line of CBD infused teas and coffees. We&rsquo;re at the forefront of normalizing cannabis consumption and are thrilled to have our lines distributed this July.&rdquo;

Find out more about these and other news on Hydropothecary Corp (OTC:<a class="ticker" href="/stock/HYYDF#OTC">HYYDF</a>) (OTC:<a class="ticker" href="/stock/HYYWF#OTC">HYYWF</a>), Innovative Industrial Properties Inc (NYSE:<a class="ticker" href="/stock/IIPR#NYSE">IIPR</a>), MedReleaf Corp (OTC:<a class="ticker" href="/stock/MEDFF#OTC">MEDFF</a>) and Scotts Miracle-Gro with our friends at <a href="https://www.greenmarketreport.com/marijuana-money-june-22-2018/">Marijuana Money</a>:

&nbsp;

<h3>Interesting Data</h3>

Last week, we shared a look into the 10 <a href="https://www.benzinga.com/markets/cryptocurrency/18/06/11889509/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-t">largest Canadian public cannabis companies</a>. This week, it&rsquo;s the U.S.&rsquo; turn. As per New Frontier Data, the top 10 publicly traded U.S. cannabis companies are collectively valued at $8.2 billion. AG Tech is the leading vertical with Scotts Miracle-Gro boasting the largest valuation.

&ldquo;Four of the top 10 are pharmaceutical or biotech companies, reflecting rising investment in R&amp;D of cannabis-derived therapies,&rdquo; the firm noted. &ldquo;The U.S. market is significantly less than the $18.4 billion (CAD $23.9 billion) combined market cap of Canada&rsquo;s top 10 cannabis firms, as illustrated here last week.&quot;

<img alt="" src="/files/u82070/unnamed_0.jpg" style="height:305px; width:600px" />

Cowen Inc. and Headset released their collaborative THC Tracker, a report authored by research analyst Vivien&nbsp;Azer, which analyzes cannabis sales trends across three legal U.S. markets. The report leverages Headset&rsquo;s point-of-sale data in Washington, Colorado and Oregon to glean quantitatively-derived and data-driven insights into the rapidly emerging legal consumer market for cannabis.

&ldquo;We are excited to announce our partnership with&nbsp;Cowen,&rdquo;&nbsp;said Cy Scott, CEO of Headset. &ldquo;Our analytics coupled with their research is helping both operators and investors understand the nuances of the cannabis industry and enabling them to make educated decisions based on deep data and forward thinking analysis.&rdquo;

The report goes into the rise of vapor pens, price deflation in different categories, and the descent of &ldquo;combustibles,&rdquo; or good old joints.

<h3>Events Calendar</h3>

July 25&nbsp;- July 27: NCIA Cannabis Business Summit and Expo&nbsp;in San Jose, California.

July 27 &ndash; July 28: Cannacon Boston.

August 16 &ndash; August 17: Benzinga is hosting its first <a href="https://www.benzingacannabisconference.com">Cannabis Capital Conference</a> in Toronto, Canada.

Picture by <a href="https://www.instagram.com/javierhasse/">Javier Hasse</a>.

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