Option chain shows key data for Bogota Finl's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Bogota Finl.

Bogota Finl (NASDAQ:BSBK) Stock, Option Chain

Bogota Finl

Bogota Financial Corp is a New Jersey-based bank. It offers personal and business banking services such as savings, certificates of deposits, online banking, loans, and many more. The Bank generally grants residential, commercial, and consumer loans to, and accepts deposits from, customers in New Jersey.

News

Movers & Shakers

Pre-Market Outlook

Markets

Movers

Trading Ideas

General

AAOI

AESE

AIRI

ASLN

BCOR

BTAI

CETX

CLPS

CPAH

CYBE

EVSI

FBIO

FINV

FTSV

GNCA

GOGO

IDXG

IIIN

JMIA

KGJI

KRTX

LLNW

LMPX

LWAY

MBIO

MIRM

MRSN

MRUS

MYSZ

NERV

NVCR

OBSV

OPRA

OSMT

OVID

PECK

PHAS

QTRX

RAPT

RFIL

RIGL

RWLK

SAVE

SOLO

STSA

SURF

TCON

TEDU

TIGR

TRIL

TTPH

VOLT

XNET

YRCW

YTEN

BSBK

76 Biggest Movers From Yesterday

Bogota Financial Corp

The explosive <a href="https://www.benzinga.com/etfs">growth of ETFs</a> is reshaping the financial landscape, with assets under management now nearing the $15 trillion mark. 
In a recent analysis, JPMorgan strategist Nikolaos Panigirtzoglou delves into the implications of this seismic shift, spotlighting how ETFs are redefining investor behavior, liquidity patterns, and even market risks. Here are his top 10 takeaways that every investor should know.
1. Retail Sentiment Is Driving Volatility Panigirtzoglou notes that the growing dominance of ETFs has made retail investors more influential in driving market sentiment. Unlike institutional investors, retail traders tend to have shorter time horizons, leading to sudden, amplified shifts in market trends when sentiment swings.
2. Longer Rallies, Sharper Corrections The analyst highlights how ETFs encourage momentum-driven markets, fueling prolonged rallies during bullish periods. However, during market reversals, the absence of active management safeguards can result in sharper corrections and increased volatility.
Read Also: <a href="https://www.benzinga.com/24/11/42097545/feds-bowman-warns-on-inflation-risks-signals-neutral-rate-may-be-closer">Fed&#8217;s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer &#8216;Than We Currently Think&#8217;</a>
3. Big Money Flows Into Large-Caps Most ETFs are market-cap-weighted, which means they funnel disproportionate capital into large-cap stocks. Panigirtzoglou warns this trend could inflate valuations for mega-caps while crowding out smaller companies, risking capital misallocation.
Companies such as Nvidia Corp, Apple Inc, and Microsoft Corp each currently command over $3 trillion in market cap on the U.S. stock markets.
4. Liquidity Rushes to the Closing Bell As ETFs rebalance towards the end of trading sessions, liquidity has increasingly clustered during these periods. Around one-third of S&amp;P 500 trades now occur in the final 10 minutes of the day, Panigirtzoglou points out, creating a feedback loop of concentrated activity.
5. Concentrated Risks in a Few ETFs The rise of giant ETFs like the SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and the Invesco QQQ Trust, Series 1 ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) has introduced systemic risks. Panigirtzoglou argues that their scale and importance rival those of equity futures, making the market vulnerable to large, single-product flows.
6. Algorithmic Traders Are Thriving Bond ETFs, in particular, have bolstered electronic and algorithmic trading, says Panigirtzoglou. Non-bank market makers now dominate liquidity provision in fixed-income markets, capitalizing on high-volume, low-margin trades.
Popular bond ETFs, such as the iShares Core U.S. Aggregate Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGG#NYSE">AGG</a>) and the Vanguard Total Bond Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BND#NYSE">BND</a>), are among the largest and most liquid bond market ETFs traded in the U.S.
7. Index Changes Have Outsized Effects Panigirtzoglou emphasizes how ETF-driven flows have magnified the impact of index rebalancing. Stocks entering major indices see outsized gains, while those removed face steeper declines than fundamentals might justify.
8. Corporate Governance Takes a Hit With passive funds dominating, Panigirtzoglou sees a decline in corporate activism. Unlike active managers, passive funds have little incentive to push for governance changes, which could diminish oversight.
9. Market Efficiency Is Declining The shift toward passive investing reduces opportunities for arbitrage, Panigirtzoglou argues, leading to more persistent mispricings. While this could lure active managers back, their ability to extract alpha has waned.
10. Passive Investing's Limit May Be Near Panigirtzoglou suggests there may be a natural ceiling for passive investing. If market inefficiencies grow too large, active managers could stage a comeback, attracting capital back from ETFs to actively managed funds.
The ETF revolution has undoubtedly democratized investing, but Panigirtzoglou warns that its rapid rise comes with unintended consequences. 
From concentrated liquidity to increased systemic risks, the landscape is evolving in ways that demand vigilance. 
As ETFs near the $15 trillion milestone, will passive dominance plateau, or is its impact just beginning?
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42107863/us-futures-head-lower-as-nvidia-reports-slowdown-in-quarterly-revenue-growth-expert-says-market-weakness-is-perfectly-normal-but-late-november-is-still-possible">US Futures Head Lower As Nvidia Earnings Fail To Impress Investors: Expert Says Market Weakness Is &#8216;Perfectly Normal,&#8217; But Late November Rally Is Still Possible</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Analyst Color

Broad U.S. Equity ETFs

Analyst Ratings

ETFs

10 Ways ETFs Are Reshaping US Markets As They Near $15 Trillion

Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) has acquired <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.awardsolutions.com%2Fportal%2F&amp;esheet=54156487&amp;newsitemid=20241121330816&amp;lan=en-US&amp;anchor=Award+Solutions&amp;index=1&amp;md5=ee80c80bea3cf769a6836c8c2dc6854b">Award Solutions</a>, a provider of training and consulting services in advanced wireless and network technologies, including 5G, internet of things, and cloud-based solutions. Terms of the transaction were not disclosed.
Established in 1997, Award Solutions is headquartered in Plano, Texas, and has employees based in Las Cruces, New Mexico; Branson, Missouri; San Diego, California; and Bangalore, India. The company offers specialized in-person, virtual, and self-paced training skills development programs to global telecom and technology providers, enabling them to leverage the latest technologies, such as 5G, artificial intelligence, automation, data visualization, machine learning, and network virtualization for the telecom industry. Award Solutions integrates the latest standards and technologies in its approach and has a proven track record of agile development to deliver customized, job relevant, network specific, real-world training that accelerates learning and skills acquisition which directly impact job performance. Through expert-led mentoring, Award Solutions equips its clients with the necessary skills to optimize their tech investments and enhance network performance.

Accenture Acquires Award Solutions To Expand Advanced Wireless Technologies Skills Training Content And Capabilities Of Accenture LearnVantage; Terms Of The Transaction Were Not Disclosed

Over half of the Magnificent 7 stocks have outperformed the S&amp;P 500 in 2024 and all seven have produced higher five-year returns. Benzinga readers pick which Magnificent 7 stock could have the best 2025 and if anyone can catch Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which continues to<a href="https://www.benzinga.com/news/earnings/24/11/42099904/nvidia-beats-q3-revenue-eps-estimates-supply-constraints-ding-stock-huang-says-age-of-ai-is-in-full-steam"> beat analyst estimates.</a>
What Happened: Nvidia stock is up 199% year-to-date in 2024 and could have more upside ahead according to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42119226/nvidia-analysts-see-stock-best-positioned-in-ai-not-worried-about-guidance-all-systems-go-for-blackwell-ramp">analyst price targets </a>after the company's third-quarter beat and raised guidance.
Benzinga recently asked readers if any of the <a href="https://www.benzinga.com/topic/magnificent-seven">Magnificent 7 stocks</a> could post stronger stock growth than Nvidia in the next year.
"In 2025, which Magnificent 7 stock could outpace Nvidia in growth?" Benzinga asked.
The results were:
<ul>
<li>None – Nvidia will dominate: 48%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): 27%</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): 8%</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): 7%</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>): 6%</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>): 3%</li>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>): 2%</li>
</ul>
The poll found the near-majority predicting Nvidia will have the strongest growth in 2025 and dominate the Magnificent 7 stocks once again.
Coming in second place, and the stock that could have the best chance to pass Nvidia according to readers, was Tesla at 27%. This might not be a huge surprise given Tesla's five-year return is the next closest to Nvidia's when looking at the Magnificent 7 stocks.
Here are the current year-to-date and five-year returns of the Magnificent 7 stocks:
<ul>
<li>NVDA: YTD +199.1%, 5-Year +2,634.2%</li>
<li>TSLA: YTD +38.2%, 5-Year +1,446.2%</li>
<li>AMZN: YTD +31.3%, 5-Year +125.5%</li>
<li>META: YTD +61.3%, 5-Year +181.0%</li>
<li>GOOG: YTD +19.7%, 5-Year +158.0%</li>
<li>MSFT: YTD +11.4%, 5-Year +176.2%</li>
<li>AAPL: YTD +23.3%, 5-Year +249.7%</li>
</ul>
Perhaps most surprising in the poll was Apple finishing last despite having the third-best stock performance over the last five years.
Compare the returns above to the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500, which is up 25.3% year-to-date and up 90.4% over the last five years.
Meanwhile, the Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>), which invests in the Magnificent Seven stocks, is up 55.7% year-to-date. The ETF has not been around for five years to track that performance. 
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
Why It's Important: A <a href="https://www.benzinga.com/tech/24/11/42093025/will-nvidia-deliver-a-blowout-beat-in-q3-poll-says-maybe-not-but-over-half-see-stock-clearing-150">recent Benzinga poll</a> asked readers to predict if Nvidia would beat, miss or meet earnings estimates in the third quarter.
The results were:
<ul>
<li>Meets expectations: 45%</li>
<li>Blowout Beat: 42%</li>
<li>Misses expectations: 13%</li>
</ul>
The majority of Benzinga readers expected the company to meet or beat the estimates from analysts. While more readers expected the company to meet estimates, 42% believed the company would beat estimates Wednesday.
Benzinga readers also predicted what an earnings beat could mean for Nvidia stock going forward.
&#8220;If Nvidia shatters expectations, how high could its stock go by the end of 2024?&#8221; Benzinga asked.
The results were:
<ul>
<li>$150 to $180: 55%</li>
<li>$180 to $200: 26%</li>
<li>Above $200: 18%</li>
</ul>
Nvidia shares traded down in after-hours Wednesday before reversing to the green in early Thursday trading. The stock is down 0.5% to $145.20 Thursday at the time of writing.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/08/40602271/ready-to-retire-on-a-single-magnificent-7-stock-poll-reveals-top-pick-and-its-not-apple" target="_blank" rel="noreferrer noopener">Ready To Retire On A Single Magnificent 7 Stock? Poll Reveals Top Pick —And It's Not Apple</a></li>
</ul>
The study was conducted by Benzinga from Nov. 19 through Nov. 20, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 128 adults.
Image: Unsplash

Exclusives

Tech

AAPL

AMZN

GOOG

GOOGL

MAGS

MSFT

NVDA

TSLA

Could Another Magnificent 7 Stock Beat Nvidia In 2025? Poll Says Not Likely, 27% Pick This Potential Winner

Offerings

PALI

Palisade Bio Offers Up To 2.06M Common Stock Shares At $2.43 Per Share

Spire Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SR#NYSE">SR</a>) reported a loss for the fourth <a href="https://www.benzinga.com/quote/SR/earnings">quarter on Wednesday</a>.
The company reported a quarterly loss of 54 cents per share, compared to market estimates of a loss of 52 cents per share. The company reported quarterly sales of $293.800 million which missed the analyst consensus estimate of $382.540 million.
&#8220;During fiscal 2024, despite the impacts of warm winter weather and rising interest expense, our team delivered solid financial and operating performance while providing affordable, reliable and safe energy to our customers,&#8221; said Steve Lindsey, president and chief executive officer of Spire. &#8220;Significant infrastructure investments and improved operational efficiency drove growth in our gas utilities during the year. In addition, Gas Marketing and Midstream continued to deliver solid results. We remain focused on continued execution of our strategy committed to capital-driven growth and operational excellence.&#8221;
Spire reaffirmed long-term adjusted EPS growth target of 5% to 7% and launched fiscal 2025 adjusted EPS guidance of $4.40 to $4.60.
Spire shares gained 2.9% to trade at $70.35 on Thursday.
These analysts made changes to their price targets on Spire following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5891df6243eaaa0001d69c76/sarah-akers">Wells Fargo analyst Sarah Akers</a> maintained Spire with an Equal-Weight and raised the price target from $73 to $75.</li>
<li>UBS analyst William Appicelli maintained the stock with a Buy and raised the price target from $75 to $80.</li>
</ul>
Considering buying SR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="552" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21142223/image-230-1024x552.png" alt="" class="wp-image-659656" style="width:657px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21142223/image-230-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21142223/image-230-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21142223/image-230-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21142223/image-230.png 1202w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42117130/this-palo-alto-networks-analyst-turns-bullish-here-are-top-5-upgrades-for-thursday">This Palo Alto Networks Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday</a></li>
</ul>

Earnings

Price Target

Spire Analysts Boost Their Forecasts After Q4 Results

MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has experienced an extraordinary 674% increase in its stock price year-to-date in 2024, a rally driven by its massive Bitcoin holdings and the cryptocurrency&#8217;s <a href="https://www.benzinga.com/24/11/42079799/microstrategys-michael-saylor-to-advocate-for-bitcoin-investment-at-microsoft-board-meeting-offers-to-educate-rumble-ceo-with-the-strategy">record-breaking performance this year</a>.
The <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42042019/bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to-fund-purchases">company's Bitcoin strategy,</a> spearheaded by Chairman Michael Saylor, has not only boosted its stock but has also resulted in over $15 billion in unrealized profit from its Bitcoin holdings.
This surge has rippled across ETFs with significant MicroStrategy exposure, enhancing their returns in a bullish market.
MicroStrategy, one of the largest corporate holders of Bitcoin, currently owns 331,000 BTC, with a <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42090657/microstrategy-upsizes-convertible-notes-offering-to-2-6-billion-for-bitcoin-purchases">cumulative acquisition cost of over $16 billion.</a>
With the recent surge in Bitcoin prices, these holdings have soared in value, providing a staggering profit that underscores the company's high-stakes bet on cryptocurrency. 
This performance has drawn increased attention to ETFs with notable stakes in MicroStrategy, as investors look to indirectly benefit from the company's gains.
The following ETFs have particularly benefited from MicroStrategy&#8217;s exceptional performance, reflecting both their weightings in MSTR and their year-to-date returns:
<ol>
<li>T-Rex 2X Long MSTR Daily Target ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MSTU#BATS">MSTU</a>):
<ul>
<li>MSTR Weighting: 90.14%</li>
<li>YTD Performance: 746%</li>
<li>Overview: MSTU is a leveraged ETF designed to deliver twice the daily performance of MicroStrategy's stock, giving investors amplified exposure to its monumental rally.</li>
</ul>
</li>
<li>Bitwise Crypto Industry Innovators ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITQ#NASDAQ">BITQ</a>):
<ul>
<li>MSTR Weighting: 14.16%</li>
<li>YTD Performance: 79%</li>
<li>Overview: BITQ focuses on leading companies in the crypto sector, with MicroStrategy as a key holding, benefiting from the company's Bitcoin-driven surge.</li>
</ul>
</li>
<li>Schwab Crypto Thematic ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STCE#NYSE">STCE</a>):
<ul>
<li>MSTR Weighting: 11.83%</li>
<li>YTD Performance: 64.5%</li>
<li>Overview: STCE targets firms innovating in blockchain and cryptocurrency, and MicroStrategy&#8217;s gains have significantly boosted the ETF's overall performance.</li>
</ul>
</li>
<li>VanEck Digital Transformation ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAPP#NASDAQ">DAPP</a>):
<ul>
<li>MSTR Weighting: 11.03%</li>
<li>YTD Performance: 76.7%</li>
<li>Overview: DAPP invests in companies driving digital transformation through blockchain, with MicroStrategy playing a critical role in its success.</li>
</ul>
</li>
<li>Siren Nasdaq NexGen Economy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLCN#NASDAQ">BLCN</a>):
<ul>
<li>MSTR Weighting: 8.04%</li>
<li>YTD Performance: 17.4%</li>
<li>Overview: BLCN focuses on blockchain economy leaders, and MicroStrategy's rise has contributed strongly to the ETF's returns.</li>
</ul>
</li>
</ol>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42114012/bitcoin-price-hitting-100000-in-november-polymarket-traders-speculate-it-might-go-even-higher">Bitcoin Price Hitting $100,000 In November? Polymarket Traders Speculate It Might Go Even Higher</a>
MicroStrategy's Bitcoin-heavy strategy has propelled its market cap to $11.5 billion in U.S. ETFs, with approximately 22.03 million shares held across these funds. 
As a leader in Bitcoin adoption within corporate treasuries, MicroStrategy's performance has directly influenced the success of the ETFs holding it, offering exposure to Bitcoin via a regulated equity vehicle.
The company, earlier this week, announced an increase in its convertible senior notes offering to $2.6 billion from its initial $1.75 billion, signaling its continued <a href="https://www.benzinga.com/24/11/42090138/microstrategy-stock-is-surging-wednesday-whats-going-on">aggressive stance on Bitcoin accumulation.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42109267/bitcoin-hits-new-all-time-high-above-98000-as-spot-etfs-crack-100-billion-net-asset-value-milestone">Bitcoin Hits New All-Time High Above $98,000 As Spot ETFs Crack $100 Billion Net Asset Value Milestone</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

BITQ

BLCN

DAPP

MSTR

ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF

MSTU

STCE

MicroStrategy Surges 674% In 2024: 5 ETFs That Benefit From MSTR's Bitcoin-Driven Growth

<a href="https://www.reuters.com/technology/crypto-industry-jockeys-seats-trumps-promised-council-2024-11-21/">https://www.reuters.com/technology/crypto-industry-jockeys-seats-trumps-promised-council-2024-11-21/</a>
Nov 21 (Reuters) - A slew of crypto companies including Ripple, Kraken and Circle are jostling for a seat on President-elect Donald Trump's promised crypto advisory council, seeking a say in his planned overhaul of U.S. policy, according to several digital asset industry executives.
Campaigning at <a href="https://www.reuters.com/business/finance/trump-cites-china-competition-vowing-create-bitcoin-stockpile-2024-07-27/">a July bitcoin conference</a> in Nashville, Trump promised a new council as part of a crypto-friendly administration. His transition team is discussing how to structure and staff it, and which companies should be included, the people said.
Several top U.S. crypto companies are clamoring for seats at the table. Among them are venture firm Paradigm, said one source, while venture capital giant Andreessen Horowitz's crypto arm a16z is also expected to grab a spot.
"It's being fleshed out, but I anticipate the leading executives from America's bitcoin and crypto firms to be represented," said David Bailey, CEO of Bitcoin Magazine who arranged for Trump to speak at the July conference and has spoken with the President-elect about bitcoin policy.
"People are eager to advise and give input," Bailey said.
A Kraken spokesperson declined to comment, while a spokesperson for a16z did not respond to requests for comment.
Coinbase <a href="https://www.reuters.com/markets/companies/COIN.O">(COIN.O), opens new tab</a> CEO Brian Armstrong recently met with Trump, said a source familiar with the matter, confirming a Monday Wall Street Journal report. It was unclear what they discussed. The source added that Coinbase, the largest U.S. crypto exchange, was also interested in being on the council.
Circle CEO Jeremy Allaire told the New York Times this month he wants to be on the council, a company spokesperson noted.
The crypto council would likely be housed under the White House's National Economic Council, which coordinates and implements the President's economic policies, or a separate White House apparatus, two of the people said.
It is expected to advise on digital asset policy, work with Congress on crypto legislation, establish Trump's promised bitcoin reserve and coordinate between agencies including the Securities and Exchange Commission, Commodity Futures Trading Commission and the Treasury, they and other executives said. The council may also include enforcement representatives and former policymakers, one of the sources said.
&nbsp;
Trump's transition team, which did not respond to a request for comment, is also discussing creating a crypto "tsar" role, two sources said. One added the tsar would likely lead the council. Trump's team is <a href="https://www.bloomberg.com/news/articles/2024-11-20/trump-team-mulls-creating-first-ever-white-house-crypto-role">vetting candidates, opens new tab</a> for that role, Bloomberg reported on Wednesday.
Former CFTC Chair Heath Tarbert, chief legal officer at Circle, and former Republican CFTC commissioner Brian Quintenz, head of policy for a16z crypto, have been advising the Trump transition team on crypto policy, <a href="https://www.reuters.com/world/us/trump-transition-team-considers-current-former-cftc-officials-agency-chair-2024-11-14/">Reuters previously reported</a>.
Excitement over a crypto-friendly Trump administration has helped push bitcoin to record highs and <a href="https://www.reuters.com/technology/bitcoin-breaks-95000-first-time-optimism-over-trump-crypto-plans-2024-11-21/">closer to the long-awaited $100,000 milestone</a>.
Trump courted support and campaign donations from the sector with promises to be a "crypto president" and end President Joe Biden's crackdown on crypto companies that regulators accused of flouting securities and anti-money laundering laws.
The industry is <a href="https://www.reuters.com/sustainability/boards-policy-regulation/crypto-industry-pushes-policy-sea-change-after-trump-victory-2024-11-14/">pushing for</a> executive orders guaranteeing crypto companies' access to banking services, an end to enforcement actions and other changes.
Some consumer groups have warned the crypto industry should not be able to write its own rules, and some of the sources said ethics considerations could slow personnel appointments. But others said it makes sense for industry experts to have a say in critical policy issues.
"It's absolutely the wise choice to put together a council of people who... understand how both the industry ought to be regulated and how to situate the industry to be a strategic asset," said Nathan McCauley, CEO of crypto platform Anchorage Digital, who has urged the Trump team to reverse Biden's stance on crypto.
While presidential advisory councils are not a new concept, there has never been one dedicated to cryptocurrencies, which did not exist until bitcoin's launch in 2009. Biden has multiple councils, including on Science and Technology which was established via executive order in first month he took office.
Kristin Smith, chief executive of crypto trade group the Blockchain Association said setting up the crypto council is something Trump "could do very quickly."
&nbsp;
 &nbsp;

Macro Economic Events

Economics

$BTC

'Crypto Industry Jockeys For Seats At Trump's Promised Council; A Slew Of Crypto Companies Including Ripple, Kraken And Circle Are Jostling For A Seat On President-Elect Donald Trump's Promised Crypto Advisory Council, Seeking A Say In His Planned Overhaul Of U.S. Policy' - Reuters News

Wix.com Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) reported better-than-expected fiscal third-quarter 2024 <a href="https://www.benzinga.com/24/11/42083431/wix-q3-earnings-revenue-hits-4447-million-innovation-fuels-revenue-margin-expansion-and-ai-momentum-fy24-guidance-raised">results on Wednesday</a>.
Revenue grew 13% year over year to $444.7 million, beating the analyst consensus estimate of $444.0 million. Adjusted EPS of $1.50 beat the analyst consensus estimate of $1.43.
Wix.com expects fiscal 2024 revenue of $1.757 billion—$1.764 billion(prior $1.747 billion—$1.761 billion) vs. the consensus of $1.76 billion. Wix.com projects 2024 bookings of $1.822 billion—$1.832 billion(prior$1.802 billion—$1.822 billion).
The company expects to generate free cash flow, excluding headquarters costs, of $483 million—$488 million(prior view $460 million—$470 million). Wix.com expects fourth-quarter revenue of $457 million—$464 million versus consensus $457.08 million.
Wix.com shares gained 3.6% to trade at $217.76 on Thursday.
These analysts made changes to their price targets on Wix.com following earnings announcement.
<ul>
<li>Piper Sandler analyst Clarke Jeffries maintained Wix.com with an Overweight rating and raised the price target from $200 to $249.</li>
<li>Cantor Fitzgerald analyst Deepak Mathivanan maintained the stock with an Overweight and raised the price target from $200 to $240.</li>
<li>RBC Capital analyst Brad Erickson maintained Wix.com with an Outperform and raised the price target from $190 to $245.</li>
<li>Benchmark analyst Mark Zgutowicz maintained the stock with a Buy and raised the price target from $225 to $250.</li>
<li>B. Riley Securities analyst Naved Khan maintained Wix.com with a Buy and raised the price target from $190 to $220.</li>
</ul>
Considering buying WIX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="562" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21141521/image-229-1024x562.png" alt="" class="wp-image-659643" style="width:631px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21141521/image-229-1024x562.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21141521/image-229-300x165.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21141521/image-229-768x421.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21141521/image-229.png 1190w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42117130/this-palo-alto-networks-analyst-turns-bullish-here-are-top-5-upgrades-for-thursday">This Palo Alto Networks Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday</a></li>
</ul>

These Analysts Boost Their Forecasts On Wix.com After Upbeat Earnings

East West Bancorp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NYSE">EWBC</a>) short percent of float has fallen 10.76% since its last report. The company recently reported that it has 4.47 million shares sold short, which is 3.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.61 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>East West Bancorp Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732216520_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for East West Bancorp has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing East West Bancorp's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, East West Bancorp's peer group average for short interest as a percentage of float is 3.09%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

EWBC

Looking Into East West Bancorp's Recent Short Interest

Equifax's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) short percent of float has risen 13.1% since its last report. The company recently reported that it has 2.48 million shares sold short, which is 2.59% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.3 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Equifax Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732216515_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Equifax has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Equifax's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Equifax's peer group average for short interest as a percentage of float is 2.94%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Equifax?

Yum Brands's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) short percent of float has fallen 9.34% since its last report. The company recently reported that it has 6.51 million shares sold short, which is 2.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.55 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Yum Brands Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732216510_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Yum Brands has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Yum Brands's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Yum Brands's peer group average for short interest as a percentage of float is 10.20%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Yum Brands?

After a move higher of almost 30%, shares of Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) are trading a little lower on Thursday. This is mostly because of two dynamics. One is profit-taking. The second is remorseful buyers taking advantage of the move to exit their losing positions at breakeven.
This is why it is our Stock of the Day.
The shares gapped higher after the company <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/11/42100904/target-plunges-21-while-williams-sonoma-soars-27-on-same-day">posted strong earnings</a>. A &#8220;gap&#8221; occurs when a stock closes at one price and opens the next day at a price that is much higher. As you can see, that was the case with Williams-Sonoma yesterday.
The closing price on Tuesday was $137.24. The opening price on Wednesday was $172.02. Because there were no trades in between these two levels, there is a blank space or &#8220;gap&#8221; on the chart.
Investors bought aggressively because not only did the company report earnings that were better than estimates, it also raised its operating margin guidance. This was probably more important than the earnings beat.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="532" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140935/WilliamsSonoma-1024x532.png" alt="" class="wp-image-659634" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140935/WilliamsSonoma-1024x532.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140935/WilliamsSonoma-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140935/WilliamsSonoma-768x399.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140935/WilliamsSonoma-1536x798.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140935/WilliamsSonoma.png 1582w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/24/11/42119511/eli-lilly-stock-tumbles-as-rfk-jr-targets-weight-loss-drugs-buying-opportunity">Eli Lilly Stock Tumbles As Kennedy Targets Weight Loss Drugs</a>
Operating margin is the percentage of profit a company makes after all its costs and expenses. In the quarter, the operating margin was 17.8%. This means that for every dollar of sales, the company earned 17.8 cents.
Going forward, Williams raised its operating margin guidance to a range of 17.8% to 18.2%. If operating margins are increasing, it means the company is becoming more efficient.
But the move higher has stalled out. There are two reasons for this.
The first is profit-taking. Whenever a stock makes a large move higher, there are traders and investors who will take advantage of the move to lock in profits.
The second reason is &#8220;buyer's remorse.&#8221;
As you can see on the chart, the stock made a large move higher in May and formed a peak around the $172.50 level. Some of the investors and traders who bought at the peak came to regret their decision to do so after the price plummeted. They have held onto a losing position ever since.
Now that they have a chance to exit their positions at breakeven, they are placing sell orders. These orders and the orders from the profit takers have, at least for now, made the rally stall out or maybe even end. There is a chance the stock will head lower.
Read Next: • <a href="https://www.benzinga.com/24/11/42112078/international-criminal-court-issues-arrest-warrants-for-netanyahu-gallant">International Criminal Court Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Gallant For War Crimes</a>
Photo: JHVEPhoto/Shutterstock

Technicals

Stock Of The Day: Williams-Sonoma Gaps Up, Stalls Out

Wyoming Republican Senator Cynthia Lummis (R-Wyo.) on Thursday proposed converting Federal Reserve-held gold certificates into Bitcoin to establish <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42080839/cynthia-lummis-says-strategic-bitcoin-reserve-could-take-shape-soon-after-trump-raises-his-hand-and-is-sworn-in">a 20-year strategic</a> Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve.
In an <a href="https://www.youtube.com/watch?v=xSKRwaK4Lq4">interview</a> with CNBC, Lummis outlined how this initiative could bolster the US economy, reduce national debt and position Bitcoin as a key asset for the country.
<h3 class="wp-block-heading">Gold-To-Bitcoin Conversion: A Debt-Free Solution</h3>
Lummis stressed that the proposal wouldn't require new taxpayer dollars. 
Instead, the government could leverage its existing resources, particularly gold certificates held at the Federal Reserve's 12 banks. 
These certificates, currently valued at 1970s prices, could be updated to reflect their fair market value, sold and reinvested into Bitcoin.
"We wouldn't have to spend any new dollars," she explained, pointing out that the United States already holds over 200,000 Bitcoin in asset forfeiture funds, which could act as a foundational reserve. 
Lummis also emphasized the fiscal prudence of the strategy: "This would be an asset that could help shore up the US dollar as the world reserve currency."
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42116475/paying-6-24-million-for-a-duct-taped-banana-justin-sun-did-just-that-and-now-hell-eat-it-as-part-of-this-unique-artistic-experience">Paying $6.24 Million For A Duct-Taped Banana? Justin Sun Did Just That — And Now He&#8217;ll Eat It &#8216;As Part Of This Unique Artistic Experience&#8217;</a>
<h3 class="wp-block-heading">The Case For A Strategic Bitcoin Reserve</h3>
Highlighting Bitcoin&#8217;s unique properties, Lummis described it as immutable, easily stored, and a hedge against inflation. 
She believes a strategic Bitcoin reserve could mitigate inflation&#8217;s effects, provide financial stability and potentially strengthen the US dollar's global standing.
"American people are still hurting from inflation, from high prices, and they want the national debt reduced," Lummis said. "These are ways to do it with an asset that is immutable and can easily be held by the federal government in a variety of vaults."
Lummis compared the proposal to the historical gold standard, noting its relevance in today's digital age. "We got off the gold standard a long time ago, but this would be a way to create a reserve for the future," she said.
<h3 class="wp-block-heading">Addressing Ethical Concerns</h3>
When asked about potential conflicts of interest, given the growing adoption of Bitcoin among policymakers, Lummis argued for transparency and fairness. 
She revealed that her personal Bitcoin holdings are in a blind trust, ensuring her ability to advocate for the cryptocurrency without bias.
"Bitcoin is legal tender in another country. We need to recognize that as Americans," she stated. 
Lummis compared Bitcoin ownership to commodities like cattle, noting that ethical ownership policies can coexist with advocacy. 
"Quite frankly, I believe it should be okay for people to own Bitcoin without doing what I did and putting it in a blind trust."
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42114875/coinbase-ceo-brian-armstrong-stands-out-as-candidate-for-donald-trumps-reported-crypto-czar-position-cardano-co-founder-says">Coinbase CEO Brian Armstrong &#8216;Stands Out&#8217; As Candidate For Donald Trump&#8217;s Reported &#8216;Crypto Czar&#8217; Position, Cardano Co-Founder Says</a></li>
</ul>
Image: Shutterstock

Strategic Bitcoin Reserve Wouldn't Require New Taxpayer Dollars, Says Sen. Cynthia Lummis

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>William Blair analyst Dylan Carden downgraded the rating for Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) from Outperform to Market Perform. Ulta Beauty shares closed at $343.26 on Wednesday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587e331a5064ed0001730315/ronald-epstein">B of A Securities analyst Ronald Epstein</a> downgraded RBC Bearings Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) from Buy to Neutral but raised the price target from $330 to $335. RBC Bearings shares closed at $324.46 on Wednesday. <a href="https://www.benzinga.com/quote/RBC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Janney Montgomery Scott analyst Robert Farnam downgraded The Hartford Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THG#NYSE">THG</a>) from Buy to Neutral and announced a $176 price target. Hanover Insurance shares closed at $118.21 on Wednesday. <a href="https://www.benzinga.com/quote/THG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>China Renaissance analyst Yiwen Zhang downgraded the rating for Grab Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) from Buy to Hold and announced a $5.4 price target. Grab Holdings shares closed at $5.66 on Wednesday. <a href="https://www.benzinga.com/quote/PNW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities analyst John Murphy downgraded Adient plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADNT#NYSE">ADNT</a>) from Buy to Neutral and lowered the price target from $30 to $24. Adient shares closed at $19.06 on Wednesday. <a href="https://www.benzinga.com/quote/ADNT/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying ULTA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="553" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21133434/image-225-1024x553.png" alt="" class="wp-image-659562" style="width:606px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21133434/image-225-1024x553.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21133434/image-225-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21133434/image-225-768x415.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21133434/image-225.png 1215w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42114009/wall-streets-most-accurate-analysts-weigh-in-on-3-health-care-stocks-with-over-5-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 5% Dividend Yields</a></li>
</ul>

Downgrades

Intraday Update

ADNT

GRAB

ULTA

This Ulta Beauty Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

TJX Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) reported better-than-expected earnings for its third <a href="https://finance.yahoo.com/news/tjx-companies-q3-earnings-revenue-140011671.html">quarter on Wednesday</a>.
The company reported third-quarter earnings per share of $1.14 (+11%), beating the street view of $1.09. Quarterly sales of $14.06 billion (+6%) beat the analyst consensus estimate of $13.95 billion.
TJX Companies reported a 3% increase in consolidated comparable store sales at the high end of the company's plan, driven entirely by higher customer transactions.
"I want to specifically highlight our European team for their strong results, which drove the 7% comp increase at our TJX International division," said Ernie Herrman, Chief Executive Officer and President of The TJX Companies.
TJX Companies expects fourth-quarter GAAP EPS to be between $1.12 and $1.14, below the consensus estimate of $1.17. For the fourth quarter, the company continues to expect consolidated comparable store sales to be up 2% to 3%.
For FY25, the company revised its GAAP EPS forecast to $4.15 – $4.17, slightly above the prior guidance of $4.09 – $4.13 and in line with the consensus of $4.16. For the full year fiscal 2025, the company continues to expect consolidated comparable store sales to be up 3%
TJX shares fell 0.5% to trade at $119.20 on Thursday.
These analysts made changes to their price targets on TJX following earnings announcement.
<ul>
<li>Deutsche Bank analyst Gabriella Carbone maintained TJX with a Buy and raised the price target from $130 to $131.</li>
<li>Evercore ISI Group analyst Michael Binetti maintained TJX with an Outperform rating and raised the price target from $138 to $142.</li>
<li>Telsey Advisory Group analyst Dana Telsey maintained the stock with an Outperform rating and maintained a $134 price target.</li>
</ul>
Considering buying TJX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="545" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140911/image-228-1024x545.png" alt="" class="wp-image-659631" style="width:684px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140911/image-228-1024x545.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140911/image-228-300x160.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140911/image-228-768x409.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21140911/image-228.png 1250w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42117130/this-palo-alto-networks-analyst-turns-bullish-here-are-top-5-upgrades-for-thursday">This Palo Alto Networks Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday</a></li>
</ul>

TJX Analysts Increase Their Forecasts After Upbeat Earnings

Baldur&#8217;s Gate 3 is showing no signs of slowing down, with more players jumping into the<a href="https://www.benzinga.com/general/gaming"> game than ever. </a>
According to Michael Douse, Larian Studios' director of publishing, the game's average daily peak concurrent players are up 3% compared to last year, while average daily active users have increased by 20%.
See Also: <a href="https://www.benzinga.com/general/gaming/24/11/42093704/starfield-reaches-15-million-players-with-updates-new-content">Starfield Reaches 15 Million Players With Updates, New Content</a>
"If you zoom out on our sales chart, it looks like the heartbeat of a happy little guy," Douse shared on social media platform X.
<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">I am also happy to announce we have achieved 1 (one) more sale in The Holy See, the Vatican itself. Thank you Mr Pope and enjoy the game.
&mdash; Very AFK (@Cromwelp) <a href="https://twitter.com/Cromwelp/status/1858534543206347137?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h3 class="wp-block-heading">Modding Fuels The Game's Continued Success</h3>
Part of the game's staying power is its modding community. Since Tencent Holdings ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) backed Larian added official mod support with Patch 7, fans have downloaded over 50 million mods. Some mods have even brought humor to the table, with 10,000 downloads dedicated to renaming Withers, the game's undead NPC, to "Bone Daddy."
Douse described the mods as "very good," reflecting how they continue to attract and engage players. Larian's CEO, Swen Vincke, previously called mod support a way for players to take over and expand the game's world.
<h3 class="wp-block-heading">What's Next For Larian Studios</h3>
While Baldur's Gate 3 remains a hit, Larian is already working on its next projects. The studio <a href="https://www.benzinga.com/general/gaming/24/03/37882963/sad-news-for-baldurs-gate-3-fans-larian-studios-ends-downloadable-content-sequel-plans-moves-beyon">briefly considered Baldur's Gate 4 </a>but decided to explore something new. 
<a href="https://www.benzinga.com/general/gaming/24/05/38938485/larian-studios-creator-of-baldurs-gate-3-launches-seventh-studio-for-very-ambitious-rpgs">Two games are currently in development</a>, both based on original ideas. Larian has teased these as the studio's "best work ever," though details remain secret for now.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/gaming/24/11/42068231/sony-in-talks-to-acquire-elden-ring-publisher-kadokawa-report">Sony In Talks To Acquire Elden Ring Publisher Kadokawa: Report</a></li>
</ul>
Image courtesy: Larian Studios.

Gaming

TCEHY

Baldur's Gate 3 Sees More Players In 2024 Than During Launch Year: Here's Why

Deep-pocketed investors have adopted a bearish approach towards Tenet Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</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 THC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Tenet Healthcare. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 36% leaning bullish and 54% bearish. Among these notable options, 2 are puts, totaling $50,501, and 9 are calls, amounting to $2,559,675.
<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 $80.0 to $170.0 for Tenet Healthcare over the recent three months. 
<h3>Volume &amp; Open Interest Trends</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 Tenet Healthcare'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 Tenet Healthcare's whale activity within a strike price range from $80.0 to $170.0 in the last 30 days. 
<h3>Tenet Healthcare Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732216007_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$68.0</td>
<td>$68.0</td>
<td>$68.0</td>
<td>$80.00</td>
<td>$550.8K</td>
<td align="right">8</td>
<td align="right">270</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$68.1</td>
<td>$68.0</td>
<td>$68.0</td>
<td>$80.00</td>
<td>$530.4K</td>
<td align="right">8</td>
<td align="right">288</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$67.1</td>
<td>$67.1</td>
<td>$67.1</td>
<td>$80.00</td>
<td>$503.2K</td>
<td align="right">8</td>
<td align="right">96</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$67.7</td>
<td>$67.6</td>
<td>$67.6</td>
<td>$80.00</td>
<td>$471.1K</td>
<td align="right">8</td>
<td align="right">186</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$68.1</td>
<td>$68.0</td>
<td>$68.0</td>
<td>$80.00</td>
<td>$122.4K</td>
<td align="right">8</td>
<td align="right">487</td>
</tr>
</tbody>
</table>

<h3>About Tenet Healthcare</h3>
Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 50 as of July 2024) and over 500 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
Following our analysis of the options activities associated with Tenet Healthcare, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Tenet Healthcare</h3>
<ul>
<li>Currently trading with a volume of 1,180,448, the THC's price is down by -2.04%, now at $148.74. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 77 days.</li>
</ul>
<h3>What The Experts Say On Tenet Healthcare</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $197.0.
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; An analyst from Barclays persists with their Overweight rating on Tenet Healthcare, maintaining a target price of $190. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on Tenet Healthcare, which currently sits at a price target of $205. 
&#x2A; An analyst from Goldman Sachs has decided to maintain their Buy rating on Tenet Healthcare, which currently sits at a price target of $196. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Tenet Healthcare, targeting a price of $217. 
&#x2A; An analyst from Cantor Fitzgerald has decided to maintain their Overweight rating on Tenet Healthcare, which currently sits at a price target of $177. 
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 Tenet Healthcare with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Check Out What Whales Are Doing With THC

Investors with a lot of money to spend have taken a bullish stance on Twilio (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>).
And retail traders should know.
We noticed this today when the positions 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 TWLO, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for Twilio.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 25%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $28,604, and 7, calls, for a total amount of $311,820.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $75.0 to $140.0 for Twilio during the past quarter. 
<h3>Analyzing 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 Twilio'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 Twilio's whale activity within a strike price range from $75.0 to $140.0 in the last 30 days. 
<h3>Twilio Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732216001_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>TWLO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$5.9</td>
<td>$5.7</td>
<td>$5.8</td>
<td>$140.00</td>
<td>$87.0K</td>
<td>0</td>
<td>150</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$6.95</td>
<td>$5.75</td>
<td>$7.0</td>
<td>$110.00</td>
<td>$70.0K</td>
<td>1.5K</td>
<td>12</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.02</td>
<td>$2.01</td>
<td>$2.02</td>
<td>$115.00</td>
<td>$40.4K</td>
<td>3.1K</td>
<td>414</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$39.75</td>
<td>$39.15</td>
<td>$39.15</td>
<td>$75.00</td>
<td>$31.3K</td>
<td>20</td>
<td>8</td>
</tr>
<tr>
<td>TWLO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$7.3</td>
<td>$7.15</td>
<td>$7.15</td>
<td>$105.00</td>
<td>$28.6K</td>
<td>1.1K</td>
<td>1.1K</td>
</tr>
</tbody>
</table>

<h3>About Twilio</h3>
Twilio is a cloud-based communications platform-as-a-service company offering communication building blocks that allow for a fully customized customer engagement experience spanning voice, video, chat, and SMS messaging. It does this through various application programming interfaces and prebuilt solution applications aimed at improving customer engagement. The company leverages its Super Network, a global network of carrier relationships, to facilitate high-speed, cost-effective communication.
In light of the recent options history for Twilio, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Twilio Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 2,724,508, with TWLO's price up by 0.68%, positioned at $99.11.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 83 days.</li>
</ul>
<h3>Expert Opinions on Twilio</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $95.8.
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; Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Twilio, targeting a price of $94. 
&#x2A; Consistent in their evaluation, an analyst from Baird keeps a Neutral rating on Twilio with a target price of $80. 
&#x2A; An analyst from Wells Fargo persists with their Equal-Weight rating on Twilio, maintaining a target price of $80. 
&#x2A; An analyst from Oppenheimer has decided to maintain their Outperform rating on Twilio, which currently sits at a price target of $90. 
&#x2A; In a positive move, an analyst from Monness, Crespi, Hardt has upgraded their rating to Buy and adjusted the price target to $135. 
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 Twilio options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

TWLO

A Closer Look at Twilio's Options Market Dynamics

Investors with a lot of money to spend have taken a bullish stance on Riot Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</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 RIOT, 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 12 uncommon options trades for Riot Platforms.
This isn't normal.
The overall sentiment of these big-money traders is split between 66% bullish and 8%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $254,409, and 8 are calls, for a total amount of $325,005.
<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 $6.0 to $20.0 for Riot Platforms over the last 3 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 Riot Platforms's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Riot Platforms's significant trades, within a strike price range of $6.0 to $20.0, over the past month.
<h3>Riot Platforms 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732215996_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>RIOT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.35</td>
<td>$11.3</td>
<td>$11.3</td>
<td>$20.00</td>
<td>$133.3K</td>
<td>1.4K</td>
<td align="right">162</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$4.35</td>
<td>$4.2</td>
<td>$4.35</td>
<td>$17.00</td>
<td>$91.3K</td>
<td>5.9K</td>
<td align="right">285</td>
</tr>
<tr>
<td>RIOT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$2.13</td>
<td>$2.01</td>
<td>$2.01</td>
<td>$8.00</td>
<td>$50.2K</td>
<td>8.0K</td>
<td align="right">250</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$3.3</td>
<td>$3.2</td>
<td>$3.2</td>
<td>$10.00</td>
<td>$48.0K</td>
<td>11.6K</td>
<td align="right">432</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$1.62</td>
<td>$1.53</td>
<td>$1.63</td>
<td>$11.50</td>
<td>$44.8K</td>
<td>22</td>
<td align="right">287</td>
</tr>
</tbody>
</table>

<h3>About Riot Platforms</h3>
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.
In light of the recent options history for Riot Platforms, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Riot Platforms</h3>
<ul>
<li>With a trading volume of 43,553,048, the price of RIOT is down by -0.91%, reaching $12.04.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 91 days from now.</li>
</ul>
<h3>Expert Opinions on Riot Platforms</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $14.625.
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 Needham has revised its rating downward to Buy, adjusting the price target to $11. 
&#x2A; An analyst from HC Wainwright &amp; Co. has revised its rating downward to Buy, adjusting the price target to $17. 
&#x2A; An analyst from Compass Point has decided to maintain their Buy rating on Riot Platforms, which currently sits at a price target of $13. 
&#x2A; An analyst from Macquarie has decided to maintain their Outperform rating on Riot Platforms, which currently sits at a price target of $17. 
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 Riot Platforms, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

RIOT

This Is What Whales Are Betting On Riot Platforms

Despite the stellar numbers in <a href="https://www.benzinga.com/24/11/42099904/nvidia-q3-earnings-highlights">its latest earnings report</a>, Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock slipped 3% in after-hours trading on Wednesday.
In premarket Thursday, Nvidia shares swung between gains and losses, ultimately opening 5% higher before losing steam.
By mid-morning, Nvidia shares were down 1.23%, trading at $144.10—a move many attribute to the priced-for-perfection environment surrounding the AI giant. It seems the market's insatiable appetite for upside surprises left even Nvidia's blockbuster results struggling to impress.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42119226/nvidia-analysts-see-stock-best-positioned-in-ai-not-worried-about-guidance-all-systems-go-for-blackwell-ramp">Nvidia Analysts See Stock &#8216;Best Positioned In AI,&#8217; Not Worried About Guidance: &#8216;All Systems Go For Blackwell Ramp&#8217;</a>
<h2 class="wp-block-heading">Nvidia Stock&#8217;s Underlying Resilience</h2>
The Santa Clara, California-based company reported an 8% beat on earnings per share and a nearly 6% revenue beat <a href="https://www.benzinga.com/quote/NVDA/earnings">compared to estimates</a>. Revenue soared 93.71% year-over-year, reaching $35.1 billion, fueled by the relentless demand for AI chips.
Despite Thursday&#8217;s volatile trading, Nvidia's technical indicators suggest underlying resilience.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21113433/Screenshot-2024-11-21-at-10.04.19-PM.png" alt="" class="wp-image-659262" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21113433/Screenshot-2024-11-21-at-10.04.19-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21113433/Screenshot-2024-11-21-at-10.04.19-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112124&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Read Also: <a href="https://www.benzinga.com/24/11/42107863/us-futures-head-lower-as-nvidia-reports-slowdown-in-quarterly-revenue-growth-expert-says-market-weakness-is-perfectly-normal-but-late-november-is-still-possible">US Futures Head Lower As Nvidia Earnings Fail To Impress Investors: Expert Says Market Weakness Is &#8216;Perfectly Normal,&#8217; But Late November Rally Is Still Possible</a>
The stock is trading above its eight-day, 20-day, 50-day and 200-day simple moving averages, signaling a strong bullish foundation:
<ul>
<li>8-day SMA: Nvidia sits at $145.29, above its $145.20 SMA, generating a short-term bullish signal.</li>
<li>20-day SMA: The stock's $145.29 price exceeds the $142.79 average, reinforcing the bullish narrative.</li>
<li>50-day SMA: Nvidia's $145.29 eclipses its 50-day average of $133.52, pointing to solid momentum.</li>
<li>200-day SMA: At $110.41, the 200-day average remains far below current levels, reflecting long-term bullish strength.</li>
</ul>
The MACD (moving average convergence/divergence) indicator also supports a bullish outlook with a reading of 3.19, while the RSI (relative strength index) at 56.51 shows the stock is comfortably neutral, leaving room for further upward movement without triggering overbought alarms.
<h2 class="wp-block-heading">Can Nvidia Break Free?</h2>
Nvidia's fundamentals remain as robust as its AI ambitions, but the question lingers: Can the stock sustain its high-altitude trajectory amid sky-high expectations? 
Investors will be watching closely as Nvidia tries to stabilize after its earnings-induced turbulence.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42107674/nvidia-vs-bitcoin-jensen-huang-led-chip-giants-stock-outperformed-the-top-cryptocurrency-over-5-years-heres-how-they-compare-on-other-metrics">Nvidia Vs. Bitcoin: Jensen Huang-Led Chip Giant&#8217;s Stock Outperformed The Top Cryptocurrency Over 5 Years. Here&#8217;s How They Compare On Other Metrics</a></li>
</ul>
Image: Unsplash

Earnings Beats

Nvidia's Post-Earnings Jitters: Can NVDA Stock Regain Its AI-Fueled Momentum?

Bogota Financial (BSBK) has released an update to notify the public and investors about corporate charter and bylaws modifications. The Board of Di...

Bogota Financial Announces Bylaws Amendment and New Vice Chair Role

Bogota Financial GAAP EPS of -$0.09, revenue of $3.22M

Bogota Financial receives regulatory approval for repurchase program

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Bogota Finl (NASDAQ:<a href="https://investorplace.com/stock-quotes/bsbk-stock-quote/">BSBK</a>) just reported results for the first quarter of 2024.<ul><li>Bogota Finl reported earnings per share of -3 cents.</li><li>The company reported revenue of $2.95 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	The post <a href="https://investorplace.com/earning-results/2024/04/bsbk-stock-earnings-bogota-finl-for-q1-of-2024/">BSBK Stock Earnings: Bogota Finl Reported Results for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

BSBK Stock Earnings: Bogota Finl Reported Results for Q1 2024

Bogota Financial GAAP EPS of -$0.03, revenue of $2.95M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Bogota Finl (NASDAQ:<a href="https://investorplace.com/stock-quotes/bsbk-stock-quote/">BSBK</a>) just reported results for the second quarter of 2024.<ul><li>Bogota Finl reported earnings per share of -3 cents.</li><li>The company reported revenue of $3.05 million.</li><li>This was 42.51% worse than the analyst estimate for revenue of $5.30 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/07/bsbk-stock-earnings-bogota-finl-for-q2-of-2024/">BSBK Stock Earnings: Bogota Finl Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

BSBK Stock Earnings: Bogota Finl Misses Revenue for Q2 2024

Bogota Financial GAAP EPS of $0.03, revenue of $3.04M

Total assets increased $39.5 million, or 4.2%, to $978.8 million at September 30, 2024 from $939.3 million at December 31, 2023, due to an increase...

Bogota Financial reports Q3 EPS (1c) vs 0c last year

Press Releases

Bogota Financial Corp. Announces CEO Transition

Bogota Financial Corp. Reports Results for the Three and Twelve Months Ended December 31, 2023

Bogota Financial Corp. Adopts and Receives Regulatory Approval of Fifth Repurchase Program

Bogota Financial Corp. Reports Results for the Three Months Ended March 31, 2024

Bogota Financial Corp. Reports Results for the Three and Six Months Ended June 30, 2024

Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024

CORRECTION - Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024 Corrected

Comments

Bogota Finl

Bogota Finl (BSBK) Options

No option chain data available. Please try again later

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga