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Cedar Realty Trust

Cedar Realty Trust Inc is a real estate investment trust that focuses on the ownership, operation, and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The company derives all of its revenues from rents and operating expense reimbursements received under long-term leases.

7.25 % Cum Red Pfd Registered Shs Series -B- Called for red.on 16.08.17 at USD 25 per Sh

Cedar Realty Trust, Inc. 7.25% Series B Cumulative Redeemable Preferred Stock

Cedar Realty Trust Inc

Piper Sandler analyst Arvind Ramnani maintains Globant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) with a Overweight and lowers the price target from $237 to $230.

News

Price Target

Analyst Ratings

GLOB

Piper Sandler Maintains Overweight on Globant, Lowers Price Target to $230

Pony AI Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) shares&nbsp;are trading&nbsp;higher&nbsp;premarket&nbsp;on Friday after the company launched paid robotaxi services connecting&nbsp;Guangzhou&#8217;s&nbsp;city center with Baiyun International Airpor<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/g43875974/pony-ai-inc-becomes-first-to-offer-robotaxi-operations-connecting-guangzhous-city-center-to-key-tr" rel="noreferrer noopener">t and South Railway Station</a>.
The company said it is the first and only approved to operate on these high-demand routes.
Pony.ai&#8217;s&nbsp;robotaxi service offers residents and tourists a seamless, autonomous travel option.&nbsp;Riders can book via the PonyPilot App, with fares matching standard Guangzhou taxi rates.&nbsp;
James Peng, co-founder and CEO of&nbsp;Pony.ai&nbsp;said,&nbsp;&#8220;By offering autonomous rides from the heart of the city to key transit hubs,&nbsp;we&#8217;re&nbsp;providing practical, real-world services which meet the needs of travellers and city residents alike, solidifying&nbsp;Pony.ai&#8217;stus&nbsp;as a global leader in the large-scale commercialization of autonomous mobility.&#8221;
Notably, Pony.ai has already launched paid robotaxi services at Beijing Daxing International Airport and Beijing South Railway Station.&nbsp;
Expanding in&nbsp;Guangzhou's&nbsp;city center and major transit points marks another key step in its autonomous mobility commercialization.
Last month, Pony.ai&nbsp;become&nbsp;the first company in China to secure approval for&nbsp;robotruck&nbsp;platooning tests on cross-provincial highways&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42996724/pony-ai-inc-becomes-the-first-company-in-china-approved-for-autonomous-truck-platooning-tests" rel="noreferrer noopener">linking Beijing, Tianjin, and Hebei</a>.&nbsp;
Also, in January, Pony.ai disclosed plans to introduce driverless transportation services at&nbsp;Hong Kong International Airport (HKIA),&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b42867845/pony-ai-plans-to-provide-driverless-services-at-hong-kong-international-airport-hkia-with-plans-to" rel="noreferrer noopener">one of the&nbsp;world&#8217;s&nbsp;busiest airports</a>.&nbsp;
The company aims to expand its robotaxi services into urban Hong Kong over time.&nbsp;
Price Action: PONY shares are up 4.47% at $18.68 premarket at the last check Friday.
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Photo via Shutterstock.

Equities

Mid Cap

Movers

PONY

Pony AI's Robotaxis Hit Guangzhou's High-Demand Routes: Details

D. Boral Capital analyst Jason Kolbert maintains MediciNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNOV#NASDAQ">MNOV</a>) with a Buy and maintains $9 price target.

MNOV

D. Boral Capital Maintains Buy on MediciNova, Maintains $9 Price Target

BLUE

Trading Halt: Halted at 7:25:00 a.m. ET - Trading Halt: Halt News Pending

Onex (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ONEXF#OTC">ONEXF</a>) reported quarterly earnings of $0.62 per share. This is a 87.08 percent decrease over earnings of $4.80 per share from the same period last year. The company reported $99.00 million in sales this quarter. This is a 77.24 percent decrease over sales of $435.00 million the same period last year.

Earnings

ONEXF

Onex Q4 Adj $0.62 Down From $4.80 YoY, Sales $99.00M Down From $435.00M YoY

Streaming service provider Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is doubling down on its commitment to Mexico&#8217;s audiovisual industry with a <a target="_blank" href="https://about.netflix.com/en/news/ted-sarandos-keynote-mexicos-presidency-press-conference" rel="noreferrer noopener">new $1 billion investment</a>.
In a statement from Co- CEO Ted Sarandos, the company emphasized its continued commitment to local content production.
The investment, set to take place over the next four years, aims to generate employment opportunities and stimulate audiovisual industry development throughout Mexico, underscoring Netflix&#8217;s enduring partnership with Mexican creatives, having been behind acclaimed projects such as Roma and Pedro Páramo.
In his keynote address at Mexico&#8217;s presidency press conference, Sarandos discussed Netflix&#8217;s long history of working with local talent.
&#8220;This country holds a special place in Netflix&#8217;s own history. It was here, 10 years ago, where we produced our first series outside of the United States called Club de Cuervos. We created it in Mexico for Mexico — and it paved the way for our programming strategy, which is all about local production,&#8221; said Sarandos.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43846469/walmart-q4-earnings-shine-but-soft-fy26-outlook-disappoints-street" rel="noreferrer noopener">Walmart Q4 Earnings Shine, But Soft FY26 Outlook Disappoints Street</a>
Since then, Netflix has earned several Academy Awards for Mexican-produced films, reinforcing its commitment to Mexico&#8217;s thriving creative industry.
Sarandos highlighted that each film and series made in Mexico collaborates with local production companies, providing significant benefits to the national economy.
For example, the production of Pedro Páramo added over 375 million pesos to Mexico&#8217;s GDP, created thousands of jobs, and supported traditional artisan skills.
The company has formed numerous local partnerships, producing hundreds of films and series that engage the community in various ways.
The company plans to collaborate with Churubusco Studios to enhance its facilities.
Price Action: NFLX shares closed lower by 1.80% at $1,024.54 on Thursday.
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</ul>
Image via Shutterstock.

Entertainment

General

NFLX

Netflix Bets Big On Mexico: Plans $1B Investment To Supercharge Local Productions

Piper Sandler analyst Clarke Jeffries maintains Wix.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) with a Overweight and raises the price target from $249 to $262.

Piper Sandler Maintains Overweight on Wix.com, Raises Price Target to $262

Rosenblatt analyst Steve Frankel maintains Universal Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UEIC#NASDAQ">UEIC</a>) with a Buy and maintains $15 price target.

UEIC

Rosenblatt Maintains Buy on Universal Electronics, Maintains $15 Price Target

UNH: -8% &#x7C; <a href="https://www.benzinga.com//node/43878094">Wall Street Journal Reported DOJ Launches Investigation Into UnitedHealth Group's Medicare Billing Practices, Citing Sources</a>
&nbsp;
CELH: 40% &#x7C; <a href="https://www.benzinga.com//node/43867833">Celsius Holdings shares are trading higher after the company announced it will acquire Alani Nu for $1.65 billion.</a>
&nbsp;
NAAS: 105% &#x7C; <a href="https://www.benzinga.com//node/43877006">NaaS Technology Announces $10 Million Share Repurchase Program Effective February 21, 2025, To Last Through February 2026</a>

Trading Ideas

CELH

NAAS

Market-Moving News for February 21st

Rosenblatt analyst Catharine Trebnick maintains NICE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>) with a Buy and lowers the price target from $225 to $200.

NICE

Rosenblatt Maintains Buy on NICE, Lowers Price Target to $200

Needham analyst David Saxon maintains iRhythm Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRTC#NASDAQ">IRTC</a>) with a Buy and raises the price target from $125 to $138.

IRTC

Needham Maintains Buy on iRhythm Technologies, Raises Price Target to $138

TMUS

T-Mobile Launches Essentials First Responder And Essentials Military Plans, Offering Exclusive Connectivity And Savings For Service Members

Rosenblatt analyst Catharine Trebnick maintains RingCentral (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) with a Buy and lowers the price target from $45 to $40.

Rosenblatt Maintains Buy on RingCentral, Lowers Price Target to $40

ATRO

Astronics Corporation Ordered To Pay $11.9M In Patent Infringement Case With Lufthansa Technik, Final Liability Expected In Q2 2025

Emera (TSX:<a class="ticker" href="https://www.benzinga.com/stock/EMA#TSX">EMA</a>) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.77 by 9.09 percent. This is a 33.33 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $1.76 billion which missed the analyst consensus estimate of $2.02 billion by 12.72 percent. This is a 10.60 percent decrease over sales of $1.97 billion the same period last year.

Earnings Beats

Earnings Misses

TSX:EMA

Emera Q4 Adj $0.84 Beats $0.77 Estimate, Sales $1.76B Miss $2.02B Estimate

Needham analyst David Saxon reiterates Globus Medical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) from Hold to Hold.

Reiteration

GMED

Needham Reiterates Hold on Globus Medicalto Hold

Rosenblatt analyst Catharine Trebnick maintains Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) with a Buy and raises the price target from $50 to $58.

FIVN

Rosenblatt Maintains Buy on Five9, Raises Price Target to $58

HC Wainwright &amp; Co. analyst Matthew Caufield reiterates Immunic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMUX#NASDAQ">IMUX</a>) with a Buy and maintains $10 price target.

IMUX

HC Wainwright & Co. Reiterates Buy on Immunic, Maintains $10 Price Target

AI startup&nbsp;DeepSeek&nbsp;announced plans to open-source five of its code repositories, a move aimed at fostering transparency and community-driven innovation.
What Happened: On Friday, Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Google (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>) DeepMind AI rival revealed on X that it will be open-sourcing five of its repositories, sharing its progress with the public. The company stated, &#8220;Starting next week, we&#8217;ll be open-sourcing 5 repos, sharing our small but sincere progress with full transparency.&#8221;
<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">&#x1f680; Day 0: Warming up for <a href="https://twitter.com/hashtag/OpenSourceWeek?src=hash&amp;ref_src=twsrc%5Etfw">#OpenSourceWeek</a>! We&#39;re a tiny team <a href="https://twitter.com/deepseek_ai?ref_src=twsrc%5Etfw">@deepseek_ai</a> exploring AGI. Starting next week, we&#39;ll be open-sourcing 5 repos, sharing our small but sincere progress with full transparency. These humble building blocks in our online service have been documented,…
&mdash; DeepSeek (@deepseek_ai) <a href="https://twitter.com/deepseek_ai/status/1892786555494019098?ref_src=twsrc%5Etfw">February 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
A code repository is a centralized storage space where developers can access, manage, and collaborate on software projects. DeepSeek&#8217;s decision to open-source its code repositories is a testament to its commitment to transparency and community-driven innovation. The company believes that &#8220;every line shared becomes collective&nbsp;momentum that accelerates the journey.&#8221;
SEE ALSO:<a href="https://www.benzinga.com/25/02/43871609/trumps-federal-workforce-downsizing-plan-gets-green-light-from-judge-appeal-by-unions-dismissed"> </a><a href="https://www.benzinga.com/25/02/43871609/trumps-federal-workforce-downsizing-plan-gets-green-light-from-judge-appeal-by-unions-dismissed">Trump&#8217;s Federal Workforce Downsizing Plan Gets Green Light From Judge, Appeal By Unions Dismissed</a>
Why It Matters: Open-sourcing code repositories is a significant move for any tech company, as these repositories often contain key company assets. However, for DeepSeek, the open-source nature of its V3 and R1 models has been instrumental in its recent success. 
The launch of DeepSeek&#8217;s R1 model in January caused the biggest sell-off in AI stocks with Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) seeing an erosion of $593 billion in its market value. 
According to the&nbsp;<a href="https://www.scmp.com/tech/big-tech/article/3299597/ai-start-deepseek-open-source-5-code-repositories-next-week-full-transparency">South China Morning Post</a>, DeepSeek&#8217;s commitment to open-source is not just about transparency, but also about &#8220;garage-energy&#8221; and community-driven innovation. The company&#8217;s approach has resonated with the tech community, contributing to its meteoric rise in recent months.
In another significant development on Thursday, DeepSeek outlined its upcoming development priorities in a new technical study, co-authored by founder and CEO Liang Wenfeng along with 14 others. The study explores &#8220;native sparse attention&#8221; (NSA), a system designed to enhance the efficiency of artificial intelligence (AI) models in processing large volumes of data.
DeepSeek&#8217;s open-source policy is in sharp contrast to OpenAI which has kept its technology closed-source. Notably, ChatGPT&#8217;s popularity hasn&#8217;t faded despite tough competition from DeepSeek. OpenAI&#8217;s Chief Operating officer, Brad Lightcap, told CNBC, that the platform recorded a 33% increase in its user base from December, and has over 400 million weekly active users as of February.
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<li>READ MORE: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43872745/bitcoin-breaches-98k-ethereum-dogecoin-flat-as-sec-relaxes-crypto-enforcement-top-analysts-are-focused-on-this-level-for-a-potential-btc-upside">Bitcoin Breaches $98K, Ethereum, Dogecoin Flat As SEC Relaxes Crypto Enforcement: Top Analysts Are Focused On This Level For A Potential BTC Upside</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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China's DeepSeek To Open-Source Key Code Repositories In A Bid For Full Transparency

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