ALPS/CoreCommodity Natural Resources ETF (NASDAQ: CCNR)

Latest news for ALPS/CoreCommodity Natural Resources ETF (NASDAQ:CCNR)

The Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of natural resources companies.

CoreCommodity Natural Resources ETF

ALPS/CoreCommodity Natural Resources ETF

The cannabis industry saw significant developments this week, with key updates from New York, New Jersey, Tilray, DoorDash, Ukraine, Agrify, Safe Harbor, the DEA and Canopy USA shaping the landscape. Here&#8217;s a closer look at the highlights.
<h3 class="wp-block-heading">New York Cannabis Industry Reports $1 Billion In 2024 Sales</h3>
New York's Office of Cannabis Management (OCM) released its 2024 annual report, showing robust growth despite a rocky start. Cannabis retailers in the state achieved nearly $1 billion in sales for 2024, supported by the issuance of 1,394 adult-use licenses, 52% of which were granted to Social and Economic Equity (SEE) applicants. The state opened 156 dispensaries, contributing over $64 million in tax revenue.
Looking ahead, the OCM aims to have 625 dispensaries operational by the end of 2025. To enhance transparency and accessibility, it launched the Legal Online Cannabis Activities Locator (LOCAL) Map, helping residents locate legal dispensaries and track license applications. However, challenges persist, including lawsuits from operators opposing recent regulatory changes and ongoing competition from unlicensed markets.
More details on <a href="https://www.cultivated.news/p/new-york-billion-cannabis-market">Cultivated</a>.
<h3 class="wp-block-heading">New Jersey Outpaces New York</h3>
Neighboring New Jersey's cannabis market reported $1 billion in sales for 2024, a 25% year-over-year increase. The Cannabis Regulatory Commission (CRC) attributed the growth to consumer trust and economic opportunities. 
"This momentum sets a solid foundation for continued success in the years ahead," <a href="https://www.cultivated.news/p/move-over-ny-nj-s-got-a-billion-dollar-cannabis-market">said</a> Chris Riggs, acting CRC director. These sales generated an estimated $43 million in tax revenue.
<h3 class="wp-block-heading">Tilray Reports Q2 2025 Financial Results</h3>
Shares of Tilray Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) traded down by double digits on Friday after the company reported its second-quarter financial results for fiscal year 2025. 
Net revenue increased by 9% to $211 million compared to $194 million in the prior year quarter, with a 10% increase on a constant currency basis. Gross profit grew 29% year-over-year to $61 million, driven by improvements across all four business segments.
Key highlights include:
<ul>
<li>Beverage alcohol revenue surged 36% to $63 million, with gross margins improving to 40%.</li>
<li>Wellness segment revenue grew 13% to $15 million.</li>
<li>International cannabis revenue increased by 25%, demonstrating Tilray's expanding global footprint.</li>
<li>Cannabis segment revenue fell slightly by 2% year-over-year to $66 million.</li>
<li>Adjusted EBITDA reached $9 million, a 10% decrease year-over-year, impacted by SKU rationalization in the beverage segment.</li>
</ul>
Tilray's Project 420, a $25 million synergy plan aimed at optimizing its beverage business, achieved $17 million in savings by the quarter's end. The company reaffirmed its fiscal year 2025 guidance, expecting net revenues between $950 million and $1 billion, ahead of consensus estimates of $900 million.
"As we enter the second half of the year, we remain committed to delivering on our financial guidance and driving shareholder value,&#8221; stated CEO Irwin Simon. &#8220;Tilray is trailblazing the future of consumer products through the infrastructure we have built, and I am enthusiastic about what lies ahead, including the potential future legalization of cannabis in the U.S."
<h3 class="wp-block-heading">DoorDash Expands Offerings To Include Hemp-Derived Products</h3>
DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) announced it is now offering hemp-derived THC and CBD products, including gummies and beverages, in select states. The expansion is facilitated through partnerships with merchants like DashMart, Total Wine &amp; More, and ABC Fine Wine &amp; Spirits.
"With the growing demand for hemp-derived THC and CBD products, we're excited to expand access to a wide selection of products consumers crave," said Jacob Morello, director and general manager of alcohol and emerging categories at DoorDash. Customers can now find a "CBD/THC" tab on the app to browse hemp-derived items in states where such products are legal.
DoorDash emphasized compliance with federal laws, ensuring all products adhere to the 2018 Farm Bill's definition of hemp, which limits THC content to 0.3% by dry weight. As part of its launch, DoorDash partnered with the cannabis beverage company Cann, offering users a $2 discount on multipack purchases through the end of January.
<h3 class="wp-block-heading">Ukraine Registers Its First Medical Cannabis Product</h3>
Ukraine has taken a significant step forward in its medical cannabis program, registering the country's first approved cannabis product. The oral cannabis drops, developed in Spain, are expected to be available in pharmacies early this year. Deputy Prime Minister Olha Stefanyshyna highlighted the progress made since the legalization of medical marijuana in 2023. "The first medicines will soon appear in pharmacies."
The law legalizes medical cannabis for patients with severe illnesses and PTSD related to the ongoing conflict with Russia. Ukraine's Ministry of Health clarified that cannabis and its derivatives are no longer listed as particularly dangerous substances, allowing for controlled medical use.
President Volodymyr Zelensky, a strong advocate for medical marijuana legalization, emphasized the importance of providing relief to Ukrainians facing pain and trauma. Training programs for doctors to treat patients with cannabis are also underway as the country expands its regulatory framework.
<h3 class="wp-block-heading">Agrify Sells Cultivation Operation for $7 Million</h3>
Agrify Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGFY#NASDAQ">AGFY</a>). has sold its cannabis cultivation operation to CP Acquisitions, an investment firm affiliated with former CEO Raymond Chang. The $7 million transaction includes vertical farming units, related assets and Agrify Insights software applications. Interim CEO Ben Kovler stated, "This move allows us to focus on more attractive growth categories tied to THC demand."
Agrify will now prioritize its hemp-derived THC beverage lines, including its popular Señorita THC-infused margaritas, which are sold in nine states and online.
<h3 class="wp-block-heading">Safe Harbor Eliminates $1.2 Million Liability</h3>
SHF Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHFS#NASDAQ">SHFS</a>), operating as Safe Harbor Financial, announced a key agreement with Partner Colorado Credit Union, eliminating $1.2 million in indemnity liability. 
CEO Sundie Seefried described the updated agreement as "a positive and pivotal development," simplifying business processes and aligning expenses with income. Safe Harbor serves more than 600 cannabis clients across 40 states and has facilitated more than $20 billion in transactions.
<h3 class="wp-block-heading">Amplify U.S. Alternative Harvest ETF To Liquidate</h3>
Amplify ETFs announced plans to liquidate its U.S. Alternative Harvest ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MJUS#NYSE">MJUS</a>), ending trading on January 27. The fund's struggles reflect broader sector challenges, including the DEA's hesitance to reschedule cannabis from Schedule I. 
Cannabis ETFs like MJUS and others saw significant declines in 2024, partly due to regulatory uncertainties and limited capital access.
<h3 class="wp-block-heading">DEA Faces Scrutiny Over Cannabis Rescheduling Process</h3>
In a new twist, a DEA judge ordered the agency to respond to allegations of bias in its cannabis rescheduling hearings. Cannabis advocates argue the DEA's late submissions and alleged coordination with anti-rescheduling groups undermine the process. The DEA's cautious stance continues to impact investor confidence and industry growth.
<h3 class="wp-block-heading">Canopy USA Appoints First President</h3>
Canopy USA, a U.S.-focused entity affiliated with Canopy Growth Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>), named Brooks Jorgensen as its first president. Jorgensen, with over 25 years of leadership experience in cannabis and other high-growth industries, aims to unify the company's portfolio of brands, including Wana, Jetty and Acreage's Superflux.
"Canopy USA is a unique platform with the right combination of ingredients to deliver success," Jorgensen stated.

Cannabis

Earnings

Government

News

Politics

Legal

AGFY

DASH

MJUS

SHF Holdings, Inc. - Class A Common Stock

SHFS

TLRY

The Week In Cannabis: Tilray Earnings, NY Hits $1B In Sales, DoorDash Embraces Hemp, Ukraine And More

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains Ryan Specialty Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYAN#NYSE">RYAN</a>) with a Outperform and lowers the price target from $79 to $77.

Price Target

Analyst Ratings

RYAN

Keefe, Bruyette & Woods Maintains Outperform on Ryan Specialty Hldgs, Lowers Price Target to $77

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains RenaissanceRe Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNR#NYSE">RNR</a>) with a Outperform and raises the price target from $310 to $318.

Keefe, Bruyette & Woods Maintains Outperform on RenaissanceRe Holdings, Raises Price Target to $318

Jefferies analyst Jonathan Matuszewski maintains Arhaus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NASDAQ">ARHS</a>) with a Hold and raises the price target from $9.5 to $10.

ARHS

Jefferies Maintains Hold on Arhaus, Raises Price Target to $10

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains RLI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) with a Outperform and lowers the price target from $201 to $200.

Keefe, Bruyette & Woods Maintains Outperform on RLI, Lowers Price Target to $200

U.S. stocks traded lower this morning, with the Dow Jones index falling around 500 points on Friday.
The Dow traded down 1.18% to 42,130.51 while the NASDAQ dipped 1.54% to 19,178.72. The S&amp;P 500 also fell, dropping, 1.26% to 5,843.63.
Check This Out: <a href="https://www.benzinga.com/25/01/42900074/how-to-earn-500-a-month-from-synovus-financial-stock-ahead-of-q4-earnings">How To Earn $500 A Month From Synovus Financial Stock Ahead Of Q4 Earnings</a>
Leading and Lagging Sectors Energy shares rose by 0.6% on Friday.
In trading on Friday, information technology shares tumbled by 2.1%.
Top Headline
The labor market ended 2024 on a strong note, adding 256,000 jobs in December, exceeding economist forecasts and showcasing once again the resilience of the U.S. economy.
Nonfarm payrolls rose by 256,000 last month, up from the downwardly revised 212,000 in November and sharply surpassing economist expectations of 160,000 payrolls as tracked by TradingEconomics.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Conduit Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDT#NASDAQ">CDT</a>) shares shot up 79% to $0.15.</li>
<li>Shares of Vision Marine Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMAR#NASDAQ">VMAR</a>)got a boost, surging 73% to $2.63 as it regained compliance with Nasdaq's minimum stockholders' equity requirement, which it previously failed to meet. Vision Marine partnered with Calip Group to produce advanced cooling plates for electric boat batteries.</li>
<li>DatChat Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares were also up, gaining 48% to $4.75 after the company announced the pricing of a $5.1 million registered direct offering priced at-the-market under Nasdaq rules.</li>
</ul>
Equities Trading DOWN
<ul>
<li>IGM Biosciences Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGMS#NASDAQ">IGMS</a>) shares dropped 69% to $1.89 after the company announced it is halting further development of Imvotamab and IGM-2644.</li>
<li>Shares of XTI Aerospace Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) were down 54% to $5.84. XTI Aerospace recently announced a $20 million offering of 363,636,364 shares at $0.055 per share.</li>
<li>22nd Century Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) was down, falling 39% to $4.97.</li>
</ul>
Commodities In commodity news, oil traded up 4.1% to $76.98 while gold traded up 1.4% at $2,728.00.
Silver traded up 1.9% to $31.590 on Friday, while copper rose 0.6% to $4.3335.
Euro zone
European shares were lower today. The eurozone's STOXX 600 declined 0.6%, Germany's DAX 40 fell 0.2% and France's CAC 40 dipped 0.4%. Spain's IBEX 35 Index fell 1.2%, while London's FTSE 100 slipped 0.7%.
Asia Pacific Markets
Asian markets closed lower on Friday, with Japan's Nikkei 225 falling 1.05%, China's Shanghai Composite Index dipping 1.33%, Hong Kong's Hang Seng Index declining 0.92% and India's BSE Sensex falling 0.31%.
Economics
<ul>
<li>Nonfarm payrolls rose by 256,000 last month, up from the downwardly revised 212,000 in November and sharply surpassing economist expectations of 160,000 payrolls as tracked by TradingEconomics.</li>
<li>The unemployment rate fell from 4.2% to 4.1%, beating forecasts of an unchanged reading.</li>
<li>Average hourly earnings rose 0.3% month-over-month in December, matching expectations but slowing from November's 0.4%. On a year-over-year basis, wages increased 3.9%, slightly below of the 4% forecast.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/01/42873668/jim-cramer-lemonade-is-up-too-much-this-health-care-stock-can-go-lower">Jim Cramer: Lemonade Is &#8216;Up Too Much,&#8217; This Health Care Stock Can Go Lower</a></li>
</ul>

Equities

Eurozone

Commodities

Markets

Trading Ideas

DATS

IGMS

VMAR

XTIA

XXII

Dow Dips 500 Points; US Economy Adds 256,000 Jobs In December

Keefe, Bruyette &amp; Woods analyst Ryan Krueger maintains Primerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRI#NYSE">PRI</a>) with a Market Perform and lowers the price target from $320 to $315.

Keefe, Bruyette & Woods Maintains Market Perform on Primerica, Lowers Price Target to $315

Good Morning Traders! In today&#8217;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market&#8217;s pulse to optimize your trading gains. Now, let&#8217;s dive into the stock analysis:
SPDR S&amp;P 500 ETF Trust 
The SPY is currently trading near a critical level of 587.31. For bullish momentum, we want to see the price action sustain above 587.31 and target 589.71 as the first resistance. If the bulls can hold 589.71 as support, we anticipate a further rise toward 592.00. A successful defense of 592.00 during the session could propel the price higher to 593.73, with the high bull target for the day being 596.57.
On the bearish side, failure to hold 587.31 as support could result in a test of 585.75. If sellers dominate, we might see a drop to 584.68. Further downside pressure could bring 583.18 into play as a stronger support level. Should the market experience heavy selling, the low bear target for the session is 581.97.
Invesco QQQ Trust Series 1 
The QQQ is currently trading around 513.64, which serves as a pivotal level for the session. If buyers maintain strength above this level, the next target would be 515.00. A strong defense of 515.00 could lead to additional upside toward 516.58. If the bullish momentum persists, we expect a test of 517.97, with the high bull target for the day at 519.87.
If the price action struggles to hold above 513.64, the bears could seize control, pushing the price lower to 511.53. Should selling pressure intensify, the next downside targets are 509.87 and 508.22. A break below 508.22 could see the price drop further, with the low bear target for the day being 506.68.
Apple Inc. 
Apple is trading around the key level of 242.21. For the bulls to maintain control, this level needs to act as support. If the price remains steady above 242.21, we could see a move to 242.83. Continued upward momentum may drive the price to 243.57, with the high bull target for the day being 244.45.
If 242.21 fails as support, the bears may push the price lower to 241.23. Sustained selling could then lead to a test of 240.23. If selling persists, 239.43 becomes the critical low bear target, with 238.63 as an intermediate level.
Microsoft Corp. 
Microsoft is trading near 423.81, a key level for the session. Bulls need to defend this area and aim for a move to 425.16. A breakout above 425.16 could open the door to 426.00, with bullish momentum potentially reaching the high target of 427.36.
On the flip side, if 423.81 fails as support, we anticipate a move lower to 422.84. Bearish pressure could then drive the price to 421.62. If this level breaks, the final downside target for the day is 419.17, with 420.26 as an intermediary level.
NVIDIA Corporation NVIDIA is trading around 137.94, serving as a crucial level for bullish continuation. If this level holds, buyers could aim for 138.55 as the next target. Above 138.55, the price may rally to 139.42, with further strength taking the auction to 140.28 and a high bull target of 141.21.
A failure to hold 137.94 could result in sellers testing 136.98. If this level gives way, expect a move toward 135.64. Continued selling could lead to 134.56, with the low bear target for the day sitting at 133.31.
Alphabet Inc Class A 
Alphabet is currently trading near 193.14, a critical level for the bulls to defend. Holding above this level could lead to a test of 194.34. Continued strength may push the price to the high bull target for the day at 195.41.
If 193.14 fails as support, bears might push the price lower to 192.19. Sustained selling could bring the price to 191.45, with the low bear target for the session being 190.41.
Meta Platforms Inc 
Meta is trading around 609.30, which serves as an important pivot level. A strong defense of this level could lead to a rally toward 615.65. Sustained buying pressure may push the price higher to 622.01, with the high bull target of the session at 629.88.
If 609.30 breaks as support, the bears could drive the price lower to 604.50. Additional selling may lead to a test of 598.17, with the low bear target for the day being 591.29.
Tesla Inc. 
Tesla is trading near the pivotal level of 390.23. If bulls maintain control above this level, the price could test 399.03. A breakout above 399.03 may lead to further gains toward 403.43, with the high bull target for the session being 413.10.
Should 390.23 fail as support, bears are likely to push the price lower to 384.07. Continued selling could lead to a test of 378.79, with the low bear target for the day being 370.22.
Final Word: Today's session concludes the week with the highly anticipated release of December's Non-Farm Payrolls at 8:30 AM ET. This report is a key indicator of labor market health and is expected to drive significant volatility across the markets. As traders, it's essential to remain vigilant, manage risks effectively, and avoid overexposure during the heightened activity that typically accompanies such data releases. Watch for sharp moves in response to the data and stay prepared for possible trend reversals. Trade wisely and Happy Friday!
The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.
Start your day with a live daily market analysis, a carefully selected watch list, early access to the Morning Memo, and exclusive Market Clubhouse price levels, providing precise support and resistance indicators. When you become a member of Market Clubhouse, you will gain early access to the Morning Memo, just like this one, every single day—hours before it&#8217;s published. You will also have access to a live stream with zero latency and screen sharing, enabling you to witness Rips executing his trades in real-time and sharing his exclusive trading plans, strategies, and live decision-making.
For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at <a href="https://marketclubhouse.club/7Days/" title="https://marketclubhouse.club/7Days/">https://marketclubhouse.club/7Days/</a> where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: <a href="https://www.youtube.com/@MarketClubhouse" title="https://www.youtube.com/@MarketClubhouse">https://www.youtube.com/@MarketClubhouse</a>.

Market Clubhouse Morning Memo - January 10th, 2025 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)

Options

LUMN

Lumen Technologies Option Alert: Jan 17 $4 Calls at the Ask: 1703 @ $1.41 vs 10263 OI; Earnings 2/4 After Close [est] Ref=$5.405

Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) shares are trading lower on Friday. The company introduced two new AI-driven solutions for retailers: Agentforce <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b42910317/salesforce-unveils-agentforce-for-retail-to-boost-productivity-with-digital-labor-and-retail-cloud" rel="noreferrer noopener">for Retail and Retail Cloud with Modern POS</a>.
These solutions aim to enhance productivity for store associates, customer service teams, digital merchants and deliver more personalized shopping experiences.
Agentforce for Retail offers a pre-built library of agent skills, enabling retailers to deploy AI agents that automate tasks like order management and appointment scheduling, improving shopper engagement at scale.
On the other hand, Retail Cloud with Modern POS integrates online and in-store data into a unified platform, providing mobile POS, clienteling, endless aisle, mixed cart checkout, omnichannel fulfillment, and inventory management, helping associates serve customers more efficiently.
The company stated that Retail Cloud with Modern POS is expected to be generally available by April 2025.
Additionally, Salesforce will introduce enhanced reasoning and retrieval-augmented generation capabilities in February 2025.
Also, Commerce Skills for Guided Shopping, which includes features such as product search, product recommendations, add to cart, re-order, and WISMO (Where Is My Order), will be available in March 2025, alongside Commerce Skills for Order Management.
Notably, SharkNinja and Saks are using Salesforce solutions to enhance employee efficiency and improve customer interactions.
Nitin Mangtani, SVP and GM of Retail at Salesforce, said that the combination of AI-powered digital tools and a modern POS system can significantly expand retailers&#8217; operational capabilities. With the newly introduced Agentforce skills and an intuitive cloud-based POS solution, Salesforce aims to enable retailers to provide seamless, connected shopping experiences across both physical and digital channels, driving efficiency gains and fueling enterprise-wide growth.
Investors can gain exposure to the stock via&nbsp;iShares Expanded Tech-Software Sector ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IGV#BATS">IGV</a>) and First Trust DJ Internet Index Fund&nbsp;&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDN#NYSE">FDN</a>).
Price Action: CRM shares are down 2.41% at $319.03 at the last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42735573/two-magnificent-7-giants-snubbed-in-dan-ives-top-10-tech-winners-for-the-ai-revolution-into-2025-but-palantir-salesforce-and-snowflake-made-the-cut" target="_blank" rel="noreferrer noopener">Palantir, Salesforce, And Snowflake Made The Cut, But 2 &#8216;Magnificent 7&#8242; Giants Left Out From Dan Ives&#8217; Top 10 Tech Winners For The AI Revolution In 2025 List</a></li>
</ul>
Image via Shutterstock.

Large Cap

Movers

Tech

First Trust Dow Jones Internet Index Fund

Salesforce Launches Retail Cloud And Agentforce Solutions: Details

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) with a Outperform and lowers the price target from $295 to $294.

Keefe, Bruyette & Woods Maintains Outperform on Progressive, Lowers Price Target to $294

Keefe, Bruyette &amp; Woods analyst Ryan Krueger maintains Principal Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>) with a Market Perform and lowers the price target from $93 to $90.

Keefe, Bruyette & Woods Maintains Market Perform on Principal Finl Gr, Lowers Price Target to $90

JMP Securities analyst Aaron Hecht reiterates LGI Homes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGIH#NASDAQ">LGIH</a>) with a Market Outperform and maintains $160 price target.

Reiteration

LGIH

JMP Securities Reiterates Market Outperform on LGI Homes, Maintains $160 Price Target

Investors with a lot of money to spend have taken a bullish stance on Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</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 this is an institution or just a wealthy individual, we don't know. But when something this big happens with CB, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Chubb.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.
Out of all of the options we uncovered, 9 are puts, for a total amount of $396,906, and there was 1 call, for a total amount of $28,000.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $245.0 and $290.0 for Chubb, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</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 Chubb'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 Chubb's whale trades within a strike price range from $245.0 to $290.0 in the last 30 days. 
<h3>Chubb 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736523934_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>CB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$18.5</td>
<td>$16.3</td>
<td>$16.3</td>
<td>$250.00</td>
<td>$81.5K</td>
<td>182</td>
<td align="right">60</td>
</tr>
<tr>
<td>CB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$13.5</td>
<td>$12.2</td>
<td>$13.5</td>
<td>$260.00</td>
<td>$67.5K</td>
<td>340</td>
<td align="right">62</td>
</tr>
<tr>
<td>CB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$4.6</td>
<td>$4.4</td>
<td>$4.4</td>
<td>$245.00</td>
<td>$66.8K</td>
<td>90</td>
<td align="right">164</td>
</tr>
<tr>
<td>CB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.0</td>
<td>$9.4</td>
<td>$9.7</td>
<td>$265.00</td>
<td>$35.8K</td>
<td>1.3K</td>
<td align="right">38</td>
</tr>
<tr>
<td>CB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$8.7</td>
<td>$8.6</td>
<td>$8.6</td>
<td>$250.00</td>
<td>$34.6K</td>
<td>46</td>
<td align="right">68</td>
</tr>
</tbody>
</table>

<h3>About Chubb</h3>
ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&amp;C insurance, reinsurance, and life insurance.
<h3>Current Position of Chubb</h3>
<ul>
<li>Trading volume stands at 1,307,262, with CB's price down by -3.68%, positioned at $256.83.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 18 days.</li>
</ul>
<h3>Expert Opinions on Chubb</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $316.0.
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 JP Morgan persists with their Neutral rating on Chubb, maintaining a target price of $296. 
&#x2A; Consistent in their evaluation, an analyst from Keefe, Bruyette &amp; Woods keeps a Outperform rating on Chubb with a target price of $328. 
&#x2A; An analyst from Barclays persists with their Overweight rating on Chubb, maintaining a target price of $324. 
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 Chubb, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Unpacking the Latest Options Trading Trends in Chubb

Investors with a lot of money to spend have taken a bearish stance on Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</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 C, 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 18 uncommon options trades for Citigroup.
This isn't normal.
The overall sentiment of these big-money traders is split between 38% bullish and 50%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $252,596, and 15 are calls, for a total amount of $1,016,692.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $45.0 to $85.0 for Citigroup over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Citigroup options trades today is 5875.07 with a total volume of 5,800.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Citigroup's big money trades within a strike price range of $45.0 to $85.0 over the last 30 days.
<h3>Citigroup Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736523929_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>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>C</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/17/27</td>
<td>$9.25</td>
<td>$9.25</td>
<td>$9.25</td>
<td>$80.00</td>
<td>$198.8K</td>
<td>72</td>
<td>215</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$8.1</td>
<td>$7.95</td>
<td>$8.0</td>
<td>$72.50</td>
<td>$144.8K</td>
<td>3.6K</td>
<td>232</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$2.03</td>
<td>$1.99</td>
<td>$2.03</td>
<td>$70.00</td>
<td>$121.0K</td>
<td>5.1K</td>
<td>1.5K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$1.26</td>
<td>$1.24</td>
<td>$1.26</td>
<td>$80.00</td>
<td>$103.8K</td>
<td>850</td>
<td>1.0K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$4.15</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$82.50</td>
<td>$85.0K</td>
<td>4</td>
<td>210</td>
</tr>
</tbody>
</table>

<h3>About Citigroup</h3>
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
Following our analysis of the options activities associated with Citigroup, we pivot to a closer look at the company's own performance.
<h3>Citigroup's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,747,844, the price of C is down by -2.12%, reaching $71.71.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 5 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Citigroup</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 $92.4.
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; Reflecting concerns, an analyst from Truist Securities lowers its rating to Buy with a new price target of $85. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Citigroup with a target price of $95. 
&#x2A; An analyst from Oppenheimer has decided to maintain their Outperform rating on Citigroup, which currently sits at a price target of $102. 
&#x2A; Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Outperform rating for Citigroup, targeting a price of $85. 
&#x2A; Showing optimism, an analyst from Barclays upgrades its rating to Overweight with a revised price target of $95. 
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 Citigroup options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Citigroup's Options: A Look at What the Big Money is Thinking

Deep-pocketed investors have adopted a bearish approach towards Shopify (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</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 SHOP usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 32 extraordinary options activities for Shopify. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 46% bearish. Among these notable options, 13 are puts, totaling $586,611, and 19 are calls, amounting to $1,642,641.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $170.0 for Shopify over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Shopify options trades today is 1936.74 with a total volume of 2,141.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Shopify's big money trades within a strike price range of $55.0 to $170.0 over the last 30 days.
<h3>Shopify Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736523924_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>SHOP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$37.7</td>
<td>$36.5</td>
<td>$36.5</td>
<td>$65.00</td>
<td>$375.9K</td>
<td>8.4K</td>
<td align="right">107</td>
</tr>
<tr>
<td>SHOP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$44.05</td>
<td>$44.05</td>
<td>$44.05</td>
<td>$60.00</td>
<td>$171.7K</td>
<td>2.7K</td>
<td align="right">144</td>
</tr>
<tr>
<td>SHOP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$23.6</td>
<td>$22.9</td>
<td>$22.9</td>
<td>$80.00</td>
<td>$171.4K</td>
<td>1.5K</td>
<td align="right">75</td>
</tr>
<tr>
<td>SHOP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$44.05</td>
<td>$44.05</td>
<td>$44.05</td>
<td>$60.00</td>
<td>$132.1K</td>
<td>2.7K</td>
<td align="right">75</td>
</tr>
<tr>
<td>SHOP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$49.95</td>
<td>$47.85</td>
<td>$47.85</td>
<td>$55.00</td>
<td>$95.7K</td>
<td>2.2K</td>
<td align="right">20</td>
</tr>
</tbody>
</table>

<h3>About Shopify</h3>
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
Following our analysis of the options activities associated with Shopify, we pivot to a closer look at the company's own performance.
<h3>Shopify's Current Market Status</h3>
<ul>
<li>With a volume of 3,178,447, the price of SHOP is down -5.61% at $101.6. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 32 days.</li>
</ul>
<h3>What Analysts Are Saying About Shopify</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $122.5.
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; Reflecting concerns, an analyst from JMP Securities lowers its rating to Market Outperform with a new price target of $120. 
&#x2A; In a positive move, an analyst from Wedbush has upgraded their rating to Outperform and adjusted the price target to $125. 
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 Shopify options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

SHOP

Check Out What Whales Are Doing With SHOP

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) with a Underperform and raises the price target from $212 to $214.

Keefe, Bruyette & Woods Maintains Underperform on Marsh & McLennan, Raises Price Target to $214

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains Hartford Finl Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>) with a Outperform and raises the price target from $135 to $139.

Keefe, Bruyette & Woods Maintains Outperform on Hartford Finl Servs Gr, Raises Price Target to $139

JMP Securities analyst Silvan Tuerkcan reiterates Jasper Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JSPR#NASDAQ">JSPR</a>) with a Market Outperform and maintains $70 price target.

Jasper Therapeutics, Inc. - Class A Common Stock

JSPR

JMP Securities Reiterates Market Outperform on Jasper Therapeutics, Maintains $70 Price Target

Keefe, Bruyette &amp; Woods analyst Ryan Krueger maintains Globe Life (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GL#NYSE">GL</a>) with a Outperform and raises the price target from $135 to $137.

Comments

ALPS/CoreCommodity Natural Resources ETF

News

Latest news for ALPS/CoreCommodity Natural Resources ETF (NASDAQ:CCNR)

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga