Direxion Daily Cloud Computing Bull 2X Shares (ARCA: CLDL)

Latest news for Direxion Daily Cloud Computing Bull 2X Shares (ARCA:CLDL)

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The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index, which, in combination, provide returns consistent with the objective. It is non-diversified.

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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

The Forecast For 2021: Cloud(y)

Long Ideas

News

Short Ideas

New ETFs

Trading Ideas

ADSK

CLDS

PAYC

TWLO

To The Cloud For Leverage As Direxion Launches First Geared Cloud Computing ETFs

WIIM

BTAI

BioXcel Therapeutics shares are trading lower after the company reported worse-than-expected Q3 revenue results.

Macro Economic Events

Economics

SPDR Dow Jones Industrial Average ETF Trust

Major indexes are lower following Oct. PPI data.

In the current market session, SPX Techs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPXC#NYSE">SPXC</a>) share price is at $169.11, after a 0.93% spike. Moreover, over the past month, the stock decreased by 4.82%, but in the past year, went up by 87.94%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1731615427_0.png" alt="Past Year Chart" />

<h3>Evaluating SPX Techs P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of 29.71 in the Machinery industry, SPX Techs Inc. has a higher P/E ratio of 44.56. Shareholders might be inclined to think that SPX Techs Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1731615427_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

SPXC

Price Over Earnings Overview: SPX Techs

IPWR

Ideal Power shares are trading lower. The company reported Q3 financial results.

AIRI

Air Industries Group shares are trading lower after the company reported worse-than-expected Q3 financial results.

SLND

Southland Holdings shares are trading higher. Craig-Hallum maintained a Buy rating on the stock.

SeeStar Medical shares are trading lower after the company reported worse-than-expected Q3 revenue results.

TKLF

Tokyo LIfestyle shares are trading higher after the company announced it's expanding its North American presence by launching a new online platform for the Reiwatakiya brand in Canada.

Insider Trades

NOVA

Sunnova Energy International Form4 Filing Shows Director Corbin J III Robertson Bought 85,048 Shares At An Average Price Of $3.32/Share

QBTS

D-Wave Quantum shares are trading higher after the company issued expectations for quarter-over-quarter Q4 revenue growth.

ORKA

Oruka Therapeutics shares are trading lower after the company reported worse-than-expected Q3 EPS results.

<a href="https://www.youtube.com/watch?v=Oy1vB7UCzTE">https://www.youtube.com/watch?v=Oy1vB7UCzTE</a>
&nbsp;

Federal Reserve

Fed Chair Powell Says Recent U.S. Economic Performance Remarkably Good; Labor Market Has Cooled To A Point Where It Is No Longer A Source Of Significant Inflationary Pressures; Fed Is Closely Tracking Gradual Decline In Housing Services Inflation, Which Has Yet To Fully Normalize

<a href="https://www.youtube.com/watch?v=Oy1vB7UCzTE" title="https://www.youtube.com/watch?v=Oy1vB7UCzTE">https://www.youtube.com/watch?v=Oy1vB7UCzTE</a>

Fed's Powell Says Total Personal Consumption Expenditures Price Index Likely Rose 2.3% In October From Year Earlier (Vs 2.1% In September); Core PCE Likely Rose 2.8% (Vs 2.7% In September); Fed Expects These Rates To Continue To Fluctuate In Recent Ranges; Watching Carefully To Be Sure They Do; Labor Market Is Solid, Inflation Is On A Sustainable Path To 2%

Financial giants have made a conspicuous bullish move on Thermo Fisher Scientific. Our analysis of options history for Thermo Fisher Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>) revealed 12 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $638,204, and 6 were calls, valued at $1,331,814.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $520.0 to $610.0 for Thermo Fisher Scientific during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Thermo Fisher Scientific'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 Thermo Fisher Scientific's whale activity within a strike price range from $520.0 to $610.0 in the last 30 days. 
<h3>Thermo Fisher Scientific Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731614512_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>TMO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$98.2</td>
<td>$98.0</td>
<td>$98.0</td>
<td>$540.00</td>
<td>$588.0K</td>
<td align="right">3</td>
<td align="right">101</td>
</tr>
<tr>
<td>TMO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$77.1</td>
<td>$71.2</td>
<td>$77.1</td>
<td>$610.00</td>
<td>$308.4K</td>
<td align="right">40</td>
<td align="right">52</td>
</tr>
<tr>
<td>TMO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$98.4</td>
<td>$91.0</td>
<td>$98.4</td>
<td>$540.00</td>
<td>$196.8K</td>
<td align="right">3</td>
<td align="right">40</td>
</tr>
<tr>
<td>TMO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$98.1</td>
<td>$98.1</td>
<td>$98.1</td>
<td>$540.00</td>
<td>$196.2K</td>
<td align="right">3</td>
<td align="right">135</td>
</tr>
<tr>
<td>TMO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$98.4</td>
<td>$98.5</td>
<td>$98.5</td>
<td>$540.00</td>
<td>$187.1K</td>
<td align="right">3</td>
<td align="right">19</td>
</tr>
</tbody>
</table>

<h3>About Thermo Fisher Scientific</h3>
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2024 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (22%); and lab products and services, which includes CRO services (54%).
Following our analysis of the options activities associated with Thermo Fisher Scientific, we pivot to a closer look at the company's own performance.
<h3>Thermo Fisher Scientific's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,042,301, with TMO's price down by -0.94%, positioned at $536.79.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 76 days.</li>
</ul>
<h3>Expert Opinions on Thermo Fisher Scientific</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $647.0.
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 Stifel persists with their Buy rating on Thermo Fisher Scientific, maintaining a target price of $665. 
&#x2A; Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on Thermo Fisher Scientific with a target price of $718. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Thermo Fisher Scientific, targeting a price of $610. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Thermo Fisher Scientific with a target price of $620. 
&#x2A; Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Thermo Fisher Scientific, targeting a price of $622. 
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 Thermo Fisher Scientific, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Check Out What Whales Are Doing With TMO

Deep-pocketed investors have adopted a bearish approach towards Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</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 GS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Goldman Sachs Gr. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 38% bearish. Among these notable options, 4 are puts, totaling $138,243, and 14 are calls, amounting to $1,799,081.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $430.0 to $630.0 for Goldman Sachs Gr during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Goldman Sachs Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Goldman Sachs Gr's significant trades, within a strike price range of $430.0 to $630.0, over the past month.
<h3>Goldman Sachs Gr Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731614507_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>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$18.75</td>
<td>$18.35</td>
<td>$18.75</td>
<td>$610.00</td>
<td>$468.7K</td>
<td>227</td>
<td align="right">252</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$81.35</td>
<td>$77.0</td>
<td>$77.0</td>
<td>$510.00</td>
<td>$300.3K</td>
<td>353</td>
<td align="right">55</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$98.0</td>
<td>$96.2</td>
<td>$98.0</td>
<td>$500.00</td>
<td>$196.0K</td>
<td>842</td>
<td align="right">20</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$161.1</td>
<td>$159.65</td>
<td>$160.0</td>
<td>$430.00</td>
<td>$192.0K</td>
<td>86</td>
<td align="right">12</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$13.15</td>
<td>$11.7</td>
<td>$11.86</td>
<td>$580.00</td>
<td>$117.6K</td>
<td>1.5K</td>
<td align="right">101</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
Having examined the options trading patterns of Goldman Sachs Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Goldman Sachs Gr</h3>
<ul>
<li>Trading volume stands at 1,046,821, with GS's price down by -0.87%, positioned at $589.07.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 62 days.</li>
</ul>
<h3>What The Experts Say On Goldman Sachs Gr</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 $588.0.
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 Oppenheimer has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $661. 
&#x2A; Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price of $614. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Goldman Sachs Gr with a target price of $575. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Goldman Sachs Gr with a target price of $520. 
&#x2A; Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $570. 
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 Goldman Sachs Gr, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Behind the Scenes of Goldman Sachs Gr's Latest Options Trends

Fed Chair Powell Says Economy Is Not Sending Signals That U.S. Central Bank Needs To Be In A Hurry To Lower Interest Rates; Moving Policy Over Time Toward Neutral, Policy Path Is Not Preset; He Expects Inflation To Continue To Come Down Toward 2% Goal, On A 'Sometimes-bumpy' Path; Fed Is Committed To Finishing The Job On Inflation; Economic Strength Gives Fed The Ability To Approach Its Decisions Carefully

Investors with a lot of money to spend have taken a bearish stance on General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</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 GM, 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 42 uncommon options trades for General Motors.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 54%, bearish.
Out of all of the special options we uncovered, 20 are puts, for a total amount of $1,034,927, and 22 are calls, for a total amount of $2,677,340.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $70.0 for General Motors, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for General Motors options trades today is 4840.25 with a total volume of 85,097.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for General Motors's big money trades within a strike price range of $45.0 to $70.0 over the last 30 days.
<h3>General Motors Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731614501_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.4</td>
<td>$7.3</td>
<td>$7.34</td>
<td>$52.50</td>
<td>$660.6K</td>
<td>4.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.25</td>
<td>$5.15</td>
<td>$5.21</td>
<td>$55.00</td>
<td>$468.9K</td>
<td>5.1K</td>
<td>2.5K</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$11.15</td>
<td>$11.0</td>
<td>$11.0</td>
<td>$48.00</td>
<td>$357.5K</td>
<td>3.3K</td>
<td>328</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.55</td>
<td>$14.5</td>
<td>$14.5</td>
<td>$45.00</td>
<td>$265.3K</td>
<td>14.0K</td>
<td>289</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$14.7</td>
<td>$14.55</td>
<td>$14.63</td>
<td>$45.00</td>
<td>$196.0K</td>
<td>14.0K</td>
<td>424</td>
</tr>
</tbody>
</table>

<h3>About General Motors</h3>
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
Following our analysis of the options activities associated with General Motors, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of General Motors</h3>
<ul>
<li>Trading volume stands at 12,686,429, with GM's price up by 0.91%, positioned at $58.23.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 75 days.</li>
</ul>
<h3>Professional Analyst Ratings for General Motors</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $58.0.
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 RBC Capital persists with their Outperform rating on General Motors, maintaining a target price of $65. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Underweight rating on General Motors, which currently sits at a price target of $38. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for General Motors, targeting a price of $70. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on General Motors, which currently sits at a price target of $62. 
&#x2A; An analyst from Bernstein persists with their Market Perform rating on General Motors, maintaining a target price of $55. 
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 General Motors with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On General Motors

Analysts' ratings for BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) over the last quarter vary from bullish to bearish, as provided by 17 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">10</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for BioNTech, revealing an average target of $132.24, a high estimate of $171.00, and a low estimate of $96.00. Marking an increase of 19.2%, the current average surpasses the previous average price target of $110.94. 
<img src="https://www.benzinga.com/files/images/story/2024/1731614463_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of BioNTech among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Newman</td>
<td>Canaccord Genuity</td>
<td>Maintains</td>
<td>Buy</td>
<td>$171.00</td>
<td>$171.00</td>
</tr>
<tr>
<td>Chris Shibutani</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$137.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Yaron Werber</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$122.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Yaron Werber</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$122.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Jessica Fye</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$124.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Yifeng Liu</td>
<td>HSBC</td>
<td>Raises</td>
<td>Buy</td>
<td>$136.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Robert Burns</td>
<td>HC Wainwright &amp; Co.</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Terence Flynn</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$145.00</td>
<td>$93.00</td>
</tr>
<tr>
<td>Emmanuel Papadakis</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Eliana Merle</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$131.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Akash Tewari</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Jessica Fye</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$125.00</td>
<td>$91.00</td>
</tr>
<tr>
<td>Tazeen Ahmad</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Robert Burns</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$113.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Akash Tewari</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$96.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Robert Burns</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$113.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Robert Burns</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$113.00</td>
<td>$113.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to BioNTech. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of BioNTech compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of BioNTech's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BNTX/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on BioNTech analyst ratings.</a>
<h2>Delving into BioNTech's Background</h2>
BioNTech is a Germany-based biotechnology company that focuses on developing cancer therapeutics, including individualized immunotherapy, as well as vaccines for infectious diseases, including covid. The company's oncology pipeline contains several classes of drugs, including mRNA-based drugs to encode antigens, neoantigens, cytokines, and antibodies; cell therapies; bispecific antibodies; and antibody-drug conjugates, or ADCs. BioNTech is partnered with several large pharmaceutical companies, including Roche, Eli Lilly, Pfizer, Sanofi, and Genmab. Covid vaccine Comirnaty is its first commercialized product.
<h3>A Deep Dive into BioNTech's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, BioNTech showcased positive performance, achieving a revenue growth rate of 39.04% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Health Care sector.
Net Margin: BioNTech's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.91%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): BioNTech's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.04% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): BioNTech's ROA excels beyond industry benchmarks, reaching 0.89%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.01, BioNTech adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

BNTX

The Analyst Landscape: 17 Takes On BioNTech

7 analysts have shared their evaluations of TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for TechnipFMC, revealing an average target of $34.57, a high estimate of $37.00, and a low estimate of $31.00. This upward trend is evident, with the current average reflecting a 3.72% increase from the previous average price target of $33.33.
<img src="https://www.benzinga.com/files/images/story/2024/1731614454_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive TechnipFMC is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$35.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Abhishek Kumar</td>
<td>HSBC</td>
<td>Announces</td>
<td>Buy</td>
<td>$32.00</td>
<td>-</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Marc Bianchi</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Chase Mulvehill</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$31.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Phillip Jungwirth</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$33.00</td>
<td>$32.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to TechnipFMC. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of TechnipFMC compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of TechnipFMC's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of TechnipFMC's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FTI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on TechnipFMC analyst ratings.</a>
<h2>All You Need to Know About TechnipFMC</h2>
TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
<h3>Unraveling the Financial Story of TechnipFMC</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: TechnipFMC's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 14.17%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: TechnipFMC's net margin excels beyond industry benchmarks, reaching 11.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): TechnipFMC's ROE stands out, surpassing industry averages. With an impressive ROE of 8.81%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): TechnipFMC's ROA stands out, surpassing industry averages. With an impressive ROA of 2.9%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: TechnipFMC's debt-to-equity ratio is below the industry average. With a ratio of 0.6, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>How Are Analyst Ratings Determined?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 7 Analysts Discuss TechnipFMC Stock

4 analysts have expressed a variety of opinions on Groupon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Groupon, presenting an average target of $17.75, a high estimate of $26.00, and a low estimate of $8.00. This current average has decreased by 7.79% from the previous average price target of $19.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1731614446_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A comprehensive examination of how financial experts perceive Groupon is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$8.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Bobby Brooks</td>
<td>Northland Capital Markets</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Sean McGowan</td>
<td>Roth MKM</td>
<td>Maintains</td>
<td>Buy</td>
<td>$26.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Bobby Brooks</td>
<td>Northland Capital Markets</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$20.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Groupon. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Groupon compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Groupon's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Groupon's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GRPN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Groupon analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Groupon</h2>
Groupon Inc acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals from local merchants. The company's operations are organized into two segments: North America and International. The company generates the majority of its revenue from North America. The company generates revenue from transactions during which the company generates commissions by selling goods or services on behalf of third-party merchants. Revenue also includes commissions the company earn when customers make purchases with retailers using digital coupons accessed through its digital properties.
<h3>Unraveling the Financial Story of Groupon</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Groupon's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -3.48%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Groupon's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -8.05%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Groupon's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -24.66%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Groupon's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.74%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Groupon's debt-to-equity ratio stands notably higher than the industry average, reaching 5.78. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GRPN

Cracking The Code: Understanding Analyst Reviews For Groupon

The following post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga.

Last year gave new prominence to online and digital workarounds to traditional in-person office jobs. But while the rise of remote work and its effects on 21st century labor are still being litigated, the undercurrents of the digital revolution have continued to irrevocably change how companies and government institutions view and budget for IT and cybersecurity expenses.

The course of 2020 saw spending on cloud infrastructure surge as companies were compelled to decentralize their workforce and pare down their IT frameworks to both cut costs and improve the security of their digital assets. Figures from industry analyst group Canalys estimate spending on cloud infrastructure increased by 33% from 2019 to $142B, with <a href="https://www.nextgov.com/it-modernization/2021/02/federal-cloud-spending-tops-66-billion/171865/" style="text-decoration:none;">$6.6B of that coming from the federal government</a>.&nbsp;

This wholesale trend away from in-house IT to a more distributed network of data centers and SaaS providers is unlikely to slow and has shown up in the balance sheets of many of these firms, helping drive investment into the rapidly expanding industry.

This has also translated into strong performance within the recently released <a href="https://www.direxion.com/product/daily-cloud-computing-bull-bear-2x-etfs?utm_source=NativeContent&amp;utm_medium=Benzinga&amp;utm_campaign=Fajardo" style="text-decoration:none;">Daily Cloud Computing Bull 2X Shares</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLDL#NYSE">CLDL</a>) from ETF provider Direxion, which has gained about 15% in its first 30 days of trading. Below, we&rsquo;ll take a look at some of the individual components and overriding trends that are influencing growth within the cloud segment.

<h3>The Answer&rsquo;s in the Cloud</h3>

Among the most encouraging signs for growth within the cloud segment is the recent earnings results from major constituents in the industry, particularly among SaaS providers like RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) and ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>).

Unlike a broad swath of the market, these firms are not only surpassing analyst expectations but also showing consistent earnings growth over 2019, with RNG posting more than 10% year-over-year growth and NOW&rsquo;s revenue jumping by more than 30% from Q4 2019.

Even larger blue chip firms like Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) have seen revenue growth through the depths of the pandemic, largely as a result of its emphasis on cloud revenue. In its most recent earnings call. Oracle CEO Safra Cats cited that company had increased <a href="https://www.spglobal.com/marketintelligence/en/news-insights/podcasts/mediatalk-episode-18" style="text-decoration:none;">cloud&rsquo;s share of the company&rsquo;s revenue to 73%</a>.

With recent earnings beats from salesforce.com, inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), the industry is likely to see increased attention as the cloud growth story continues to unfold.

<h3>Cybersecurity</h3>

In addition to the core cloud software and data services companies, cloud computing also encompasses the increasingly crucial cybersecurity industry, a segment that has only grown in prominence in tandem with the scale and cost of cyberattacks in the 21st century. The latest massive SolarWinds hack that impacted an array of U.S. government agencies late in 2020 is expected to <a href="https://www.crn.com/news/security/solarwinds-hack-could-cost-cyber-insurance-firms-90-million" style="text-decoration:none;">cost cybersecurity insurers upward of $90M</a>, while the cost of fixing the damage done <a href="https://www.govtech.com/security/SolarWinds-Hack-Recovery-May-Cost-Upward-of-100B.html" style="text-decoration:none;">may take billions of dollars</a>.

Following that breach, prominent cloud cybersecurity firms like Zscaler, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) and CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) saw a strong surge in investments on top of an already strong year, Both stocks rose by more than 300% over the course of 2020.

This massive growth could in part be chalked up to a result of the unique challenges of the year, but the companies have also gained a reputation for consistently strong revenue performance in their quarterly reports. In fact, both companies have managed to post revenue growth in every quarterly report they have filed since going public, ZS in 2018 and CRWD in 2019, and the same is expected in their upcoming filings in late February and early March.

<h3>Silver Lining</h3>

While these accelerated revenue trends may or may not last as the cloud segment ossifies and leaders begin to emerge and set industry trends, the current environment for cloud computing is still one of discovery and, by all indications, continued growth. Even massive tech firms like Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) are jockeying for early dominance in the space.

For now, traders would do well to keep a keen focus on cloud computing and look to company balance sheets for indications of where the market is headed. Even reports from seemingly unrelated industries could prove enlightening, since every company needs someone to handle their data.

<hr />
Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor&rsquo;s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. For the most recent month end and standardized performance <a href="https://www.direxion.com/product/daily-cloud-computing-bull-bear-2x-etfs?utm_source=NativeContent&amp;utm_medium=Benzinga&amp;utm_campaign=Fajardo" style="text-decoration:none;">click here</a> 

Short-term performance, in particular, is not a good indication of the fund&rsquo;s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund&rsquo;s prospectus.

CLDL as of 12/31/2021

Top Ten Holdings %

<div align="left">
<table cellspacing="0">
	<tbody>
		<tr>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			Twilio
			</td>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			8.85
			</td>
		</tr>
		<tr>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			Autodesk
			</td>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			5.28
			</td>
		</tr>
		<tr>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			ServiceNow
			</td>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			5.25
			</td>
		</tr>
		<tr>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			Paycom Software
			</td>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			4.97
			</td>
		</tr>
		<tr>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			Coupa Software
			</td>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			4.87
			</td>
		</tr>
		<tr>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			Veeva Systems
			</td>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			4.87
			</td>
		</tr>
		<tr>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			RingCentral
			</td>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			4.79
			</td>
		</tr>
		<tr>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			Workday
			</td>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			4.69
			</td>
		</tr>
		<tr>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			Adobe
			</td>
			<td style="background-color:#ffffff; height:0pt; vertical-align:bottom">
			4.18
			</td>
		</tr>
		<tr>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			Salesforce.com
			</td>
			<td style="background-color:#e4e4e3; height:0pt; vertical-align:bottom">
			3.76
			</td>
		</tr>
	</tbody>
</table>
</div>

&nbsp;

&nbsp;

Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

An investor should carefully consider a Fund&rsquo;s investment objective, risks, charges, and expenses before investing. A Fund&rsquo;s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a Fund&rsquo;s prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Fund&rsquo;s prospectus and summary prospectus should be read carefully before investing.

Market Disruptions Resulting from COVID-19. The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.

CUSIP Identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard and Poor&rsquo;s Financial Services, LLC, and are not for use or dissemination in any manner that would serve as a substitute for a CUSIP service. The CUSIP Database, &copy;2011 American Bankers Association. &ldquo;CUSIP&rdquo; is a registered trademark of the American Bankers Association.

The &ldquo;S&amp;P Kensho Moonshots Index&rdquo; is a product of S&amp;P Dow Jones Indices LLC (&ldquo;SPDJI&rdquo;), and has been licensed for use by Rafferty Asset Management, LLC (&ldquo;Rafferty&rdquo;). Standard &amp; Poor&rsquo;s&reg; and S&amp;P&reg; are registered trademarks of Standard &amp; Poor&rsquo;s Financial Services LLC (&ldquo;S&amp;P&rdquo;); Dow Jones&reg; is a registered trademark of Dow Jones Trademark Holdings LLC (&ldquo;Dow Jones&rdquo;); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Rafferty. Rafferty&rsquo;s ETFs are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&amp;P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&amp;P Kensho Moonshots Index.

Shares of the Direxion Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Market Price returns are based upon the midpoint of the bid/ask spread at 4:00 pm EST (when NAV is normally calculated) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense reimbursements or recoupments and fee waivers in effect during certain periods shown. Absent these reimbursements or recoupments and fee waivers, results would have been less favorable.

Direxion Shares ETF Risks &ndash; Investing involves risk including possible loss of principal. There is no guarantee the investment strategy will be successful. The value of stocks of information technology companies and companies that rely heavily on innovation and technology are particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from competitors with lower production costs. Innovative technology companies may struggle to capitalize on new technology or may face competition and obsolescence. Additional risks of the Fund include, but are not limited to, Index Correlation/Tracking Risk, Index Strategy Risk, Market Disruption Risk, and risks associated with the market capitalizations of the securities in which the Fund may invest. Please see the summary and full prospectuses for a more complete description of these and other risks of the Fund. 
Distributor: Foreside Fund Services, LLC.

The preceding post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

The following post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga.

Investors looking for a scorching hot corner of the technology sector need not look much further than cloud computing stocks and the <a href="https://www.benzinga.com/trading-ideas/long-ideas/21/01/18993530/winning-with-wcld-in-2021-how-cloud-computing-stocks-can-deliver-more-upside">related exchange traded funds</a>.

<h3>What Happened</h3>

As is often said, where there&#39;s a hot theme, an ETF isn&#39;t far behind. That&#39;s true with cloud computing as there are several established funds in this space. So that means the next frontier is leveraged funds.

Direxion, one of the largest issuers of geared ETFs, obliged last week with launches of double-<a href="https://www.direxion.com/press-release/direxion-launches-new-2x-leveraged-cloud-computing-etfs?utm_campaign=CLDL%2FS%20Launch%20email&amp;utm_medium=email&amp;utm_source=Eloqua">leveraged bullish and bearish cloud funds</a>.

<h3>Why It&#39;s Important</h3>

The Direxion Daily Cloud Computing Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLDL#NYSE">CLDL</a>) looks to deliver <a href="https://www.direxion.com/product/daily-cloud-computing-bull-bear-2x-etfs">double the daily returns</a> of the Indxx USA Cloud Computing Index while the Direxion Daily Cloud Computing Bear 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLDS#NYSE">CLDS</a>) seeks returns that are double the daily inverse performance of that index.

&ldquo;The Indxx USA Cloud Computing Index provides exposure to domestic companies that deliver cloud computing infrastructure, platforms, or services. The companies included in the Index are involved in the delivery of computing services &ndash; servers, storage, databases, networking, software, analytics, and more, over the internet, which is often referred to as the &#39;Cloud,&#39;&rdquo; according to Direxion.

The largest components in the benchmark include Twilio (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), AutoDesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>), ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) and Paycom Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>). That quartet combines for 24% of the index CLDL and the bearish CLDS track.

<h3>What&#39;s Next</h3>

Direxion has an expansive lineup of leveraged sector ETFs, many of which are popular with aggressive, short-term traders. The issuer also offers some geared industry ETFs, several of which are hits with traders, such as gold miners and biotechnology offerings.

It remains to be seen of CLDL and CLDS can follow that trajectory, but the funds could prove well-timed as cloud spending is forecast to continue soaring for several years.

&ldquo;Cloud computing has proven to be one of the most successful trading themes of 2020. We&rsquo;re very excited to offer traders leveraged exposure to express bullish or bearish positions on this high growth industry,&rdquo; said Dave Mazza, Managing Director at Direxion. &ldquo;These Leveraged ETFs allow traders to take a bold position in stocks that are critical as the virtual computing world expands exponentially.&rdquo;&nbsp;

The preceding post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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