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

Carbon Revolution (NASDAQ:CREV) Stock, Option Chain

Carbon Revolution PLC is an Australian-based technology company manufacturing carbon fiber wheels. It is an OEM supplier and a world-wide manufacturer of lightweight technology carbon fibre wheels to the automotive industry. The Company supplies wheels to OEMs across the globe for luxury and high-performance vehicles and SUVs, and is developing wheels for electric vehicles under contract for its OEM customers. The company generates maximum revenue Internationally.

Carbon Revolution

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U.S. stock futures advanced on Tuesday, head of a shortened trading session owning to Christmas-eve. The stock market will shut at 1 p.m. ET.

US Stocks To Open Higher On Shortened Trading Day: Santa Claus Rally Period Officially Begins, Says Analyst

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Why Carbon Revolution Shares Are Trading Higher By Around 62%; Here Are 20 Stocks Moving Premarket

5 Stocks To Watch Heading Into Friday

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NeueHealth, Limoneira And 3 Stocks To Watch Heading Into Tuesday

Carbon Revolution Public Limited Company - Ordinary Shares

Carbon Revolution PLC

Carbon Revolution Ltd Ordinary Shares

Carbon Revolution Public Limited Company - Warrant

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Tuesday.
Shares of Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) fell sharply in today's pre-market trading after reporting <a href="https://www.benzinga.com/quote/LMNR/news">fourth-quarter results.</a>
Limoneira posted an adjusted net loss of $1.6 million, or 9 cents per share, versus a year-ago loss of $2.6 million, or 15 cents per share. Its total net revenue rose to $43.9 million from $41.4 million in the year-ago quarter.
Limoneira shares fell 2.6% to $26.12 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Tutor Perini Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPC#NYSE">TPC</a>) dipped 12.1% to $22.01 in pre-market trading.</li>
<li>Astria Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXS#NASDAQ">ATXS</a>) fell 11.8% to $8.40 in pre-market trading.</li>
<li>Jiayin Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFIN#NASDAQ">JFIN</a>) shares fell 7.5% to $5.95 in pre-market trading. Jiayin Group, last week, announced the purchase of commercial property located in Shanghai, China for total cash consideration of RMB1.35 billion.</li>
<li>AngioDynamics, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) dipped 7.3% to $8.21 in pre-market trading. AngioDynamics will report financial results for the second quarter of fiscal year before the opening bell on Wednesday, Jan. 8, 2025.</li>
<li>Phibro Animal Health Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAHC#NASDAQ">PAHC</a>) fell 5.2% to $20.51 in pre-market trading.</li>
<li>ADS-TEC Energy PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSE#NASDAQ">ADSE</a>) shares fell 3% to $13.70 in pre-market trading.</li>
<li>Vinci Partners Investments Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINP#NASDAQ">VINP</a>) fell 2.9% to $9.57 in pre-market trading.</li>
<li>Couchbase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BASE#NASDAQ">BASE</a>) declined 2.4% to $14.91 in pre-market trading.</li>
<li>Turtle Beach Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEAR#NASDAQ">HEAR</a>) declined 2.3% to $15.60 in pre-market trading.</li>
<li>Valhi, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHI#NYSE">VHI</a>) fell 2% to $21.30 in pre-market trading.</li>
</ul>
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Limoneira And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

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Avita Medical shares are trading higher after D. Boral Capital initiated coverage on the stock with a Buy rating and announced a $25 price target.

The chief business officer and the chief insurance officer of the insurance technology company Lemonade Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMND#NYSE">LMND</a>) sold their shares in the company on Dec. 3, as per the SEC filings. The company&#8217;s technical analysis shows that the stock is under short-term pressure.
What Happened: John Sheldon Peters sold 1,790 shares of the company worth $81,445, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. After the transaction, the chief insurance officer was left with 88,493 shares of the company. He diluted 1.98% of his ownership after the trade.
On the other hand, the chief business officer Maya Prosor sold 304 shares, worth a total of $13,832, as per <a href="http://pro.benzinga.com">Benzinga </a>Pro. After the trade, he directly owns 8,684 company shares and 29,286 shares indirectly via Cohen Holdings, LLC. Prosor&#8217;s sale was conducted to cover tax withholding obligations and it wasn&#8217;t a discretionary decision.
See Also: <a href="https://www.benzinga.com/24/12/42640560/japan-cannot-happen-here-was-common-refrain-20-years-ago-in-the-west-mohammed-el-erian-says-as-tokyo-climbs-out-of-the-hole-this-country-looks-at-risk-of-falling-in">Mohammed El Erian Says This Country Faces Japan-Style Economic Risk Even As Tokyo Rebounds</a>
Why It Matters: From a technical perspective, the analysis of daily moving averages indicates that the stock may be under pressure in the short term.
The stock ended at $39.90 apiece on Monday. This was below its eight and 20-day simple moving averages, of $40.95 and $44.42, respectively. As per Benzinga Pro data, its current stock price was higher than the 50-day moving average of $33.92 and its 200-day moving average of $21.50.
This implies that it could still be in a long-term uptrend while it is testing fresh support levels near the average value.
On the other hand, the relative strength index of 49.22 suggests the stock is in a neutral zone and is neither overbought nor oversold.
<figure class="wp-block-image size-large"><a href="http://pro.benzinga.com"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075141/Lemonade-Chart-1024x576.png" alt="" class="wp-image-705897" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075141/Lemonade-Chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075141/Lemonade-Chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075141/Lemonade-Chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075141/Lemonade-Chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075141/Lemonade-Chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Price Action: Shares of Lemonade are up 134.15% on a year-to-date basis, outperforming the NYSE Composite, which was up 14.05% in the same period. However, Lemonade has fallen by 21.80% over the last month.
About 12 analysts tracked by <a href="https://www.benzinga.com/quote/LMND/analyst-ratings">Benzinga </a>have a consensus &#8216;sell&#8217; rating on the stock with a price target of $29.18 per share. The highest price target was $60 issued by JPMorgan on Nov. 22 and the low is $12 issued by BofA Securities on May 4, 2023.
The three most recent analyst ratings have seen a target upgrade by JMP Securities, BMO Capital, and Piper Sandler, however, it still implies a 0.58% downside for LMND.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/LMND/analyst-ratings"><img loading="lazy" decoding="async" width="945" height="358" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075052/LMND-ANR.png" alt="" class="wp-image-705895" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075052/LMND-ANR.png 945w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075052/LMND-ANR-300x114.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24075052/LMND-ANR-768x291.png 768w" sizes="(max-width: 945px) 100vw, 945px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42667093/microstrategy-etfs-face-tracking-error-because-of-volatility-here-are-the-potential-risks-investors-face">MicroStrategy ETFs Face Tracking Error Because Of Volatility: Here Are The Potential Risks Investors Face</a></li>
</ul>
Image Via Shutterstock

Technicals

LMND

Insurance-Tech Company Lemonade Insiders Offload Shares: Technical Analysis Shows Short-Term Bullish Trends

<h3>Gainers</h3>
<table>
<thead>
<tr>
<th>Symbol</th>
<th>Name</th>
<th align="right">Price</th>
<th align="right">Change ($)</th>
<th align="right">Change (%)</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td>
<td>SPDR Select Sector Fund - Technology</td>
<td align="right">238.64</td>
<td align="right">0.57</td>
<td align="right">0.23</td>
<td>3.1K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>)</td>
<td>SPDR Select Sector Fund - Utilities</td>
<td align="right">76.22</td>
<td align="right">0.16</td>
<td align="right">0.21</td>
<td>622</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td>
<td>SPDR Select Sector Fund - Energy Select Sector</td>
<td align="right">84.08</td>
<td align="right">0.15</td>
<td align="right">0.17</td>
<td>8.4K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>)</td>
<td>SPDR Select Sector Fund - Health Care</td>
<td align="right">138.90</td>
<td align="right">0.15</td>
<td align="right">0.10</td>
<td>3.1K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td>
<td>SPDR Select Sector Fund - Financial</td>
<td align="right">48.45</td>
<td align="right">0.03</td>
<td align="right">0.06</td>
<td>10.1K</td>
</tr>
</tbody>
</table>
<h3>Losers</h3>
<table>
<thead>
<tr>
<th>Symbol</th>
<th>Name</th>
<th align="right">Price</th>
<th align="right">Change ($)</th>
<th align="right">Change (%)</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)</td>
<td>SPDR Select Sector Fund - Consumer Discretionary</td>
<td align="right">228.96</td>
<td align="right">-0.21</td>
<td align="right">-0.1</td>
<td align="right">180</td>
</tr>
</tbody>
</table>
<a href="https://pro.benzinga.com/?utm_source=insights">Pulled from Benzinga Pro data</a> the above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors. 
To read more about sector movers, <a href="https://www.benzinga.com/movers">click here</a>.

Sector ETFs

Select Sector SPDR-Consumer Discretionary

Leading And Lagging Sectors For December 24, 2024

The Pudgy Penguins (CRYPTO: PENGU) <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42562051/pudgy-penguins-pengu-token-extends-rally-outperforms-dogecoin-shiba-inu-on-wednesday">meme coin is seeing a surge in interest</a>, fueled by new exchange listings, bullish sentiment and whale accumulation. 
What Happened: Onchain Lens <a href="https://x.com/OnchainLens/status/1871397092125769748">data</a> shows that a newly created wallet acquired 519.99 million PENGU tokens, valued at $14.72 million, via Binance.  
In Mario Nawfal's latest Crypto Daily episode posted on <a href="https://x.com/MarioNawfal/status/1871182703816839401">X</a> on Dec 23, Luca Netz, the creator of Pudgy Penguins, shared insights into the project's vision. 
He dismissed the idea that Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) will maintain dominance forever, labeling it as a "bad assumption." 
Netz emphasized that memetic characters like Pudgy Penguins remain underdeveloped and have untapped cultural potential.
He added that in terms of social viewership and other factors Dogecoin and Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>) are the only two closest competitors.
Netz short term goal for Pudgy Penguins is to make it a cultural phenomenon which has happened only twice earlier in the crypto space – DOGE and Bored Apes and Ape. 
The next big step for Pudgy he believes is a movie TV show and a blockbuster game.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Market Cap</td>
<td>24-Hour Trend</td>
<td>7-Day Trend</td>
</tr>
<tr>
<td>Pudgy Penguins (CRYPTO: PENGU)</td>
<td>&nbsp;$0.03558</td>
<td>$2.2 billion</td>
<td>+28.4%&nbsp;</td>
<td>+612.3%&nbsp;</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.3198</td>
<td>$47.1 billion</td>
<td>+1.3%&nbsp;</td>
<td>-21.1%&nbsp;</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>&nbsp;$0.00001828&nbsp;</td>
<td>$7.7 billion</td>
<td>+1.4%&nbsp;</td>
<td>+22.3%&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Wizard of SoHo, a prominent crypto trader, <a href="https://x.com/wizardofsoho/status/1871313321644666983">revealed</a> that PENGU is among his three biggest retail bets for 2025, alongside Dogecoin and Chillguy. 
He also holds smaller positions in Pepe, Mog (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">MOG</a>) and Rekt.
Lord Durden, another investor, shared the "PENGU prophecy roadmap," highlighting its future potential.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PENGU</a> prophecy roadmap &#x1f427; I don't make the rules &#x1f937;&#x1f3fb;&#x200d;&#x2642;&#xfe0f; GCR does &#x1f525; <a href="https://t.co/3O3lttbXHB">pic.twitter.com/3O3lttbXHB</a>
&mdash; Lord Durden (@LordDurden) <a href="https://twitter.com/LordDurden/status/1871335848148668423?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Community News: Kamino Finance, a Solana DeFi protocol, <a href="https://x.com/KaminoFinance/status/1871492434443817440">announced</a> a "PENGU incentives boost" in collaboration with Pudgy Penguins and JitoSol. Depositors will receive 2,500 JITO and 375,000 PENGU incentives over the next month.
Bithumb, South Korea's largest digital asset platform, <a href="https://x.com/BithumbOfficial/status/1871426950113509529">listed</a> PENGU effective Dec. 24.
Pudgy Penguins' official account celebrated reaching 500,000 holders.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42562051/pudgy-penguins-pengu-token-extends-rally-outperforms-dogecoin-shiba-inu-on-wednesday">Pudgy Penguins PENGU Token Extends Rally, Outperforms Dogecoin, Shiba Inu On Wednesday</a></li>
</ul>
Image via Pudgy Penguin

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

Cryptocurrency

$DOGE

$MOG

$PEPE

Careful Dogecoin, Your Dominance Isn't Forever, Pudgy Penguins' Creator Says As PENGU Meme Coin Surges 28%

Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ost#NASDAQ">OST</a>), a leading supplier of display modules and polarizers based in China, today announced an update to the effective date of its previously approved reverse share split of the Company's Class A ordinary shares, with the split ratio set at 1-for-10 (the "Reverse Share Split"). The Reverse Share Split was approved by the Company's shareholders at an extraordinary general meeting held on November 25, 2024. The effective date for the Reverse Share Split has been revised from December 26, 2024 to December 31, 2024 and the Company's Class A ordinary shares will begin trading on an adjusted basis, reflecting the Reverse Share Split, on December 31, 2024, under the existing ticker symbol "OST." The new CUSIP number for the Company's Class A ordinary shares will be G67927114.
Upon the effectiveness of the Reverse Share Split, every ten shares of the Company's issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding Class A ordinary shares of the Company from approximately 18.1 million to approximately 1.81 million.

Penny Stocks

Stock Split

Ostin Technology Announces 1-For-10 Reverse Stock Split, Will Begin Trading On An Adjusted Basis On December 31, 2024

AGM Group Holdings Inc. ("AGM Holdings" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGMH#NASDAQ">AGMH</a>), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, released a statement of its CEO Dr. Bo Zhu today, discussing the Company's growth strategies and future initiatives in the cryptocurrency industry.
Dr. Zhu, an experienced entrepreneur in the computer software sector, currently serves as CEO of AGM Holdings. He joined the Company in May 2021 as Chief Strategy Officer (CSO) and was appointed CEO and director in October 2023. Dr. Zhu earned his PhD in Computer Science and Technology from Zhejiang University in 2013 and has published over 20 research papers, 19 of which are indexed in SCI/EI (science and engineering). Below are key insights from the interview:

Management

AGMH

AGM Group Holdings CEO Issues Letter, Highlights Strategic Growth And Future Initiatives In AI and Cryptocurrency

Golar LNG Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) shares traded lower in the premarket session on Tuesday but recovered from the loss. The company has acquired Seatrium&#8217;s and Black &amp; Veatch&#8217;s minority stakes in the FLNG Hilli, including 5.45% common units, 10.9% <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42666947/golar-acquires-all-outstanding-minority-interests-in-the-flng-hilli" rel="noreferrer noopener">Series A shares, and 10.9% Series B shares</a>.
The total transaction value is $90.2 million, comprising $59.9 million in equity and $30.3 million as a pro-rata share of the existing FLNG Hilli debt facility.
This acquisition represents approximately 8% of the full FLNG capacity.
Golar&#8217;s increased ownership will take full economic effect starting January 1, 2025.
The FLNG Hilli is contracted to Perenco in Cameroon until July 2026, after which it is planned to relocate to Argentina under a 20-year agreement with Southern Energy, a consortium of leading Argentine natural gas producers.
The Southern Energy contract is contingent on conditions such as obtaining an export license, completing an environmental assessment, and a Final Investment Decision by Southern Energy.
Since commencing operations in 2018, the FLNG Hilli has achieved global-leading uptime, delivering 124 LNG cargoes and offloading over 8.5 million tons of LNG.
Additionally, Golar LNG and Seatrium have resolved outstanding items, including a $7 million payment by Golar to Seatrium for a Hilli Train 3 utilization bonus and historical work on the former Golar Gandria LNGC.
Following these settlements, no further contractual obligations regarding existing assets remain between Golar and Seatrium.
Golar CEO Karl-Fredrik Staubo said, &#8220;Golar is pleased to take full ownership of FLNG&nbsp;Hilli. The increased ownership will give immediate cash flow accretion and is expected to add approximately $0.5bn of Adjusted EBITDA backlog.&#8221;
Investors can gain exposure to the stock via Exchange Traded Concepts Trust Range Global LNG Ecosystem Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNGZ#NYSE">LNGZ</a>) and Invesco Oil &amp; Gas Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PXJ#NYSE">PXJ</a>).
Price Action: GLNG shares are up 0.62% at $42.10 premarket at the last check on Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com//node/42666701" target="_blank" rel="noreferrer noopener">Nasdaq Gains Around 1% As Tesla, Nvidia Rise Ahead Of Christmas: Greed Index Remains In &#8216;Fear&#8217; Zone</a></li>
</ul>

Commodities

GLNG

LNGZ

PowerShares Exchange-Traded Fund Trust Dynamic Oil Services Portfolio

Golar LNG Expands FLNG Hilli Stake, Eyes Long-Term Argentina Deal

In the current session, the stock is trading at $195.05, after a 0.22% spike. Over the past month, Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) stock increased by 15.08%, and in the past year, by 38.65%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1735045222_0.png" alt="Past Year Chart" />

<h3>Comparing Alphabet P/E Against Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Alphabet has a lower P/E than the aggregate P/E of 51.68 of the Interactive Media &amp; Services industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1735045222_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

GOOGL

P/E Ratio Insights for Alphabet

According to a recent survey by AutoPacific, nearly half of all future three-row SUV shoppers would consider purchasing one that&#8217;s specifically electric. Several EV companies offer options including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), and Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>).
But which to buy?
Comparing 3 SUVs And Their Starting Prices
Tesla&#8217;s three-row SUV offering is its <a href="https://www.benzinga.com/tech/24/12/42496103/teslas-model-s-model-x-and-cybertruck-now-have-the-same-starting-price-which-to-buy">Model X starting at $79,990</a> with an estimated range of 329 miles.
Meanwhile, Rivian offers the R1S SUV, starting at $75,900 for the base version while Lucid has recently started manufacturing the premium variant of its <a href="https://www.benzinga.com/tech/24/12/42432727/lucids-gravity-gets-official-range-estimate-higher-than-teslas-model-x-but-lower-than-its-own-air-sedan">Gravity SUV starting at $94,900</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Model </td>
<td>Starting Price</td>
</tr>
<tr>
<td>Tesla Model X</td>
<td>$79,990</td>
</tr>
<tr>
<td>Lucid Gravity</td>
<td>$94,900</td>
</tr>
<tr>
<td>Rivian R1S</td>
<td>$75,900</td>
</tr>
</tbody>
</table>
</figure>
All three vehicles can seat up to 7 adults. While from a price perspective, the Rivian R1S might seem like a great buy, the base variant of the vehicle only offers a range of 270 miles. 
Model Variants: 
Tesla&#8217;s Model X comes in two variants namely the all-wheel drive and plaid.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Model X Variants</td>
<td>Starting Price</td>
</tr>
<tr>
<td>All-Wheel Drive</td>
<td>$79,990</td>
</tr>
<tr>
<td>Plaid</td>
<td>$94,990</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Tesla</figcaption></figure>
The R1S SUV, meanwhile, is currently available in three variants with the high-end Tri variant starting at $105,900. 
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>R1S Variants</td>
<td>Starting Price</td>
</tr>
<tr>
<td>Dual Standard</td>
<td>$75,900</td>
</tr>
<tr>
<td>Dual</td>
<td>$82,900</td>
</tr>
<tr>
<td>Tri</td>
<td>$105,900</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Rivian</figcaption></figure>
The Gravity, however, has only one variant available as of today. While the company is planning yet another cheaper variant, it will only be available to order next year.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Gravity Variants</td>
<td>Starting Price</td>
</tr>
<tr>
<td>Touring (available only in 2025)</td>
<td>$79,900</td>
</tr>
<tr>
<td>Grand Touring</td>
<td>$94,900</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Lucid</figcaption></figure>
Range Comparison:
For drivers looking for the most range, the Lucid Gravity offers the most ease of mind among its counterparts with 450 miles of range.
The Model X has an EPA-estimated range of up to 329 miles while R1S has a maximum range of 410 miles. However, 410 miles of range is available only with the R1S Dual variant coupled with a max battery pack with a starting price of $89,900.
Performance: 
The best option for a customer depends on what they expect out of their vehicle. 
For customers looking for fast acceleration,&nbsp;the Model X can go from 0 to 60 mph in 2.5 seconds, and the R1S Tri in 2.9 seconds.
For those looking for the most power, the Model X Plaid would be the best option with 1,020 horsepower. Gravity has up to 828 hp and <a href="https://www.benzinga.com/news/24/09/40954673/rivian-introduces-100k-tri-max-variant-of-r1s-electric-suv-on-online-shop-which-can-go-from-0-60-mph">the R1S Tri variant has up to 850 hp</a>.
Alternate Cheaper Option: Tesla also offers buyers another three-row SUV option in its cheaper Model Y. While the Model Y comes with a five-seat interior included, buyers of the long-range all-wheel drive variant of the vehicle can pay an extra $1000-$2000 for seven-seat interiors. 
The Long Range All-Wheel Drive variant of the Model Y has a starting price of $47,990, meaning an added $2000 for seven-seat interiors would take the price up to $49,990. 
However, the Model Y is smaller in length and width than the company&#8217;s premium SUV Model X, implying that the third row would be relatively more cramped for buyers looking for third-row comfort. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photos courtesy: Tesla, Lucid and Rivian

Tech

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RIVN

Tesla Model X, Lucid Gravity Or Rivian R1S: Which Three-Row Electric SUV Is A Better Buy?

What goes up must come down. However, buyers who spent millions of dollars on <a href="https://www.benzinga.com/content/42623572/constellation-group-reaches-new-heights-at-ella-miami-beach-unveiling-new-rooftop-penthouse#google_vignette">luxury Miami condos</a> only a few years ago didn&#8217;t expect them to come down so soon.
According to a new study from the University of Miami, superhigh structures like the celebrated 641-foot-tall <a href="https://www.benzinga.com/content/42599405/miami-luxury-re-llc-introduces-aston-martin-residences-featuring-ultimate-luxury-and-amenities">Porsche Design Tower</a> lining the barrier islands north of Miami are &#8220;sinking&#8221; at an alarming rate. The study calls into question the stability of the buildings, particularly along Sunny Isles Beach, noting that 35 buildings have sunk three inches in the last seven years, a subsidence rate of just under half an inch per year.&nbsp;
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<h2 class="wp-block-heading">Some Of Miami&#8217;s Most Glamorous Towers Have Been Affected</h2>
MSN.com reports that <a href="https://www.benzinga.com/content/42591369/concierge-auctions-announces-early-2025-sale-calendar-spanning-north-america-and-asia">The Ritz Carlton</a> Residences and both Trump Towers are among the iconic towers that are losing stature, along with the Porsche Design Tower. This study is made all the more alarming in the wake of the tragedy of the nearby 12-story Surfside, Florida, where the Champlain Towers South building collapsed in June 2021, killing 98 people. That collapse, however, is thought to have been caused by bad structural design, deterioration and poor maintenance rather than subsidence.
<h2 class="wp-block-heading">Satellite Technology And Multiple Studies</h2>
Using complex satellite technology and cross-referencing their studies with those from other universities to legitimize their findings, the University of Miami has discovered the shocking subsidence rate exists along several parts of the Southern Florida coastline.
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Although subsidence is common among newly constructed structures, the weight of the high-rises has accelerated the process, which must also call into question the geological surveys conducted before construction. Contributing factors to accelerated subsidence can include the following:
<ul>
<li>Daily tidal movements</li>
<li>Cracking limestone</li>
<li>Soil grains</li>
<li>Groundwater flow from underground construction.</li>
</ul>
&#8220;We found that subsidence in most high-rises slows down over time, but in some cases, it continues at a steady rate. This suggests that subsidence could persist for an extended period,&#8221; senior author Falk Amelung said.&nbsp;
The sinking &#8220;is primarily due to the gradual reconfiguration of the sand grains into a denser packing within sandy layers interbedded in the limestone&#8221; in the area, the study said. Khaled Siobhan, a geotechnical engineering professor at Florida Atlantic University, told<a href="https://www.msn.com/en-us/money/realestate/porsche-design-tower-in-miami-641-foot-skyscraper-showing-signs-of-sinking/ar-AA1w2LZd?ocid=finance-verthp-feeds&amp;cvid=cffdb5a6acd042ca804d88c5f2a5bbfd&amp;ei=24"> </a>Interesting Engineering, as reported by MSN, &#8220;The subsidence is probably a combination of several mechanisms and these findings raise important questions that need further investigation.&#8221;
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl-y2"> you can become an investor for $0.80 per share today.</a>
<h2 class="wp-block-heading">Sinking Could Be Widespread Along The High-Priced Celeb-Studded Shoreline</h2>
The Porsche Design Tower has been home to several celebrities, including soccer legend <a href="https://www.benzinga.com/news/24/07/39777763/argentina-wins-copa-am-rica-in-dramatic-final-as-messis-era-nears-end">Lionel Messi</a>, Carlos &#8220;CarGo&#8221; González, the star player of the Colorado Rockies, Mexican billionaire Carlos Peralta Quintero and rapper Birdman, who rented in the tower, the building's website reported. One of the tower&#8217;s main attractions is the internal garage lift system, which allows ultimate privacy by enabling cars to be parked outside the owner&#8217;s apartments – which, in the wake of the subsidence fears, adds considerable weight to the building. However, no determination has been made at this point concerning the sinking rate of individual buildings according to their height and weight. According to NPR.org, scientists said preliminary data also suggests sinking or settling further north along the beaches of Broward and Palm Beach counties.
Should the subsidence continue and different sections of affected buildings subside at different rates, scientists fear foundation cracks, utility breaks and long-term damage could occur.&nbsp;
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That Sinking Feeling: A New Study Shows That Super High Apartment Buildings Like Miami's Porsche Design Tower Are Slipping Into The Ground

<a href="https://www.fly.faa.gov/adv/adv_otherdis.jsp?advn=26&amp;adv_date=12242024&amp;facId=DCC/DCC&amp;title=AAL+GROUND+STOP+CANCELLATION&amp;titleDate=12/24/24" title="https://www.fly.faa.gov/adv/adv_otherdis.jsp?advn=26&amp;adv_date=12242024&amp;facId=DCC/DCC&amp;title=AAL+GROUND+STOP+CANCELLATION&amp;titleDate=12/24/24">https://www.fly.faa.gov/adv/adv_otherdis.jsp?advn=26&amp;adv_date=12242024&amp;facId=DCC/DCC&amp;title=AAL+GROUND+STOP+CANCELLATION&amp;titleDate=12/24/24</a>

FAA Said Nationwide Groundstop For AAL Main And Subs Canceled

The biggest banks are planning to sue the Federal Reserve over the annual bank stress tests, according to a person familiar with the matter. A lawsuit is expected this week and could come as soon as Tuesday morning, the person said.
The Fed's stress test is an <a href="https://www.cnbc.com/2024/06/26/fed-banks-stress-test-2024.html">annual ritual</a> that forces banks to maintain adequate cushions for bad loans and dictates the size of share repurchases and dividends.
After the market close on Monday, the Federal Reserve announced in a statement that it is <a href="https://www.federalreserve.gov/newsevents/pressreleases/bcreg20241223a.htm">looking to make changes</a> to the bank stress tests and will be seeking public comment on what it calls "significant changes to improve the transparency of its bank stress tests and to reduce the volatility of resulting capital buffer requirements."
The Fed said it made the determination to change the tests because of "the evolving legal landscape," pointing to changes in administrative laws in recent years. It didn't outline any specific changes to the framework of the annual stress tests.
<a href="https://www.cnbc.com/2024/12/24/biggest-banks-planning-to-sue-the-federal-reserve-over-annual-stress-tests.html" title="https://www.cnbc.com/2024/12/24/biggest-banks-planning-to-sue-the-federal-reserve-over-annual-stress-tests.html">https://www.cnbc.com/2024/12/24/biggest-banks-planning-to-sue-the-federal-reserve-over-annual-stress-tests.html</a>

'Biggest banks planning to sue the Federal Reserve over annual stress tests' - CNBC

We all know the drill on Christmas. Hop on Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) or Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), or Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>), hunting for the perfect gift—maybe even snagging a great deal.
But let's be honest: those gifts often end up forgotten or out of use, no matter how thoughtful.
Ever considered gifting Christmas stocks? Your family and friends may come to appreciate such a gift in time. Here's Why.
Why Gift Stocks
Stocks are an opportunity because they offer financial growth. They can offer financial growth, spark interest in investing, and teach valuable lessons about the stock market. Giving shares in retail giants like Walmart, Amazon, or Target doesn't just say, "I care about you today." It says, "I care about your future."
See Also: <a href="https://www.benzinga.com/24/12/42655649/your-christmas-roadmap-to-the-markets-most-hidden-profits">Your Christmas Roadmap to the Market&#8217;s Most Hidden Profits</a>
Why Walmart, Amazon, And Target
Amazon: The company offers exposure to e-commerce, cloud computing, and even AI advancements. It currently has a market capitalization of $2.366 trillion, making it the fifth most valuable company in the world. Year-to-date Amazon shares have grown by 50.11%, significantly outperforming NASDAQ-100 which is at 29.98% during the same period, according to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">data from Benzinga Pro</a>.
Walmart: A leader in physical retail and rapidly expanding in e-commerce, Walmart remains a robust choice for long-term investors. The company currently stands at number 12 on the list of the world's most valuable companies with a market cap of $725.81 billion. Walmart shares have climbed 70.15% so far this year.
Target: Known for its loyal customer base and successful private-label brands, Target is a solid bet in the retail space. Target currently holds a market value of $60.44 billion, ranking as the 324th most valuable company globally by market cap. While its shares are down 7.81% year-to-date, they have increased by 2.1% over the past five years.
Things To Keep In Mind While Gifting Stocks
Understand The Tax Implications: Gifting stocks comes with tax rules that are important to understand. The IRS allows tax-free gifts of up to $15,000 annually for each recipient ($30,000 for married couples), with amounts over this limit potentially subject to taxes.
Gifting Stocks To Minors: For minors, you'll need to set up a custodial account, such as a <a href="https://www.benzinga.com/money/utma-vs-ugma">UTMA or UGMA account</a>. Once the account is set up, stocks can be transferred directly. The gift becomes the child's property and cannot be reclaimed.
Virtual Transfers Between Brokerage Accounts: You'll need their account details and personal information to initiate the transfer through your brokerage platform. If they don't have an account, some platforms let you gift stock via digital gift cards they can redeem for shares.
Remember that stock values can fluctuate, and past performance doesn&#8217;t guarantee future returns. However, the financial lessons learned from owning and monitoring these investments can be invaluable, regardless of market performance.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

AMZN

Filling Christmas Stockings With Amazon, Walmart, And Target Stocks Instead Of Trinkets From These Stores Could Be A Smarter Move: Let Me Explain Why

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell downgrades Brookline Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRKL#NASDAQ">BRKL</a>) from Outperform to Market Perform and announces $14.5 price target.

Downgrades

Price Target

Analyst Ratings

BRKL

Keefe, Bruyette & Woods Downgrades Brookline Bancorp to Market Perform, Announces $14.5 Price Target

Billionaire investor Stanley Druckenmiller's family office Duquesne has offloaded two of Wall Street's hottest AI stocks – Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), according to a recent 13F filing.
What Happened: Druckenmiller&#8217;s Duquesne Family Office sold all of its Nvidia shares and significantly reduced its Palantir holdings by 95% during the third quarter.
This comes after Nvidia and Palantir have been on a tear this year. While the Nvidia stock surged nearly 190% in 2024 so far, Palantir shares have gained over 386% to date.
While it's not clear why Duquesne has offloaded these two red-hot AI stocks, profit booking could be one of the motives.
Nvidia and Palantir's relatively rich valuations could also have contributed to Duquesne paring its holdings – while Nvidia's trailing 12 months (TTM) price-to-earnings (PE) ratio stands at 55.21, Palantir's stands at 403.45.
Meanwhile, Druckenmiller is increasing his stake in Teva Pharmaceutical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>), a company that has seen its shares rise by 112% this year.
Teva&#8217;s strategic shift towards brand-name therapies and its resolution of opioid litigation as key factors contributing to its recent success.
Druckenmiller&#8217;s fund added 1,427,950 shares of Teva during the September-ended quarter, signaling confidence in the pharmaceutical company&#8217;s turnaround and growth potential.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42545656/bitcoin-is-no-manhattan-real-estate-peter-schiff-challenges-microstrategys-micheal-saylor-btc-doesnt-generate-any-income" target="_blank" rel="noreferrer noopener">Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy's Michael Saylor: ‘BTC Doesn't Generate Any Income'</a>
Why It Matters:&nbsp;Druckenmiller, a protégé of&nbsp;George Soros, is renowned for his macroeconomic investment strategy, often making significant bets on industry trends rather than individual companies.
His recent decision to pivot from AI to pharmaceuticals marks a notable shift in his investment focus. Earlier this year, Druckenmiller <a href="https://www.benzinga.com/24/12/42659876/stanley-druckenmiller-pours-funds-into-1-trillion-company-already-trading-up-100">increased his stake</a> in&nbsp;Broadcom Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), a semiconductor giant, demonstrating his interest in high-growth sectors.
In February, <a href="https://www.benzinga.com/markets/equities/24/02/37175336/billionaire-investor-stanley-druckenmillers-firm-dumps-alphabet-amazon-boosts-investments-in-ai-">Druckenmiller&#8217;s firm divested from</a>&nbsp;Alphabet Inc.&nbsp;(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>) and&nbsp;Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) while <a href="https://www.benzinga.com/markets/equities/24/02/37175336/billionaire-investor-stanley-druckenmillers-firm-dumps-alphabet-amazon-boosts-investments-in-ai-">bolstering investments in AI leaders</a> like&nbsp;Microsoft Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and&nbsp;Nvidia.
Despite his bullish stance on AI, Druckenmiller&#8217;s recent actions suggest a <a href="https://www.benzinga.com/general/health-care/24/12/42627207/stanley-druckenmillers-top-holding-has-outperformed-its-sector-by-252">strategic realignment towards</a> the healthcare sector, particularly in companies like&nbsp;Natera Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRA#NASDAQ">NTRA</a>), which has outperformed its sector significantly.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Wikimedia

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TEVA

Stanley Druckenmiller Dumps Street's Hottest AI Stocks — Here's What The Billionaire Investor Is Betting On Next

fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) shares are trading lower premarket on Tuesday.
On Monday, the company expressed disappointment over TelevisaUnivision&#8216;s decision to pull its programming, leaving thousands of Spanish-speaking consumers without access <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42663598/televisaunivision-pulls-spanish-language-programming-from-fubo-impacting-thousands-of-hispanic-con" rel="noreferrer noopener">to vital local news and weather</a>.
According to Fubo, the dispute arises from TelevisaUnivision demanding a 25% price increase and imposing unfair bundling practices that force subscribers to pay for channels they do not watch.
Additionally, Fubo criticized the separate subscription required for Vix+ to access all of TelevisaUnivision&#8217;s sports content.
The company said it remains open to fair negotiations with TelevisaUnivision and highlighted its ongoing dedication to the Hispanic community.
Fubo stated its commitment to offering premium content at competitive rates and emphasized its refusal to accept terms that would burden its subscribers or investors.
Fubo continues to provide a robust selection of Spanish-language programming through its Latino plan, featuring networks such as ESPN Deportes, FOX Deportes, Telemundo Acción, and beIN Sports Español, at what it claims is the lowest price among live TV streaming platforms.
Last week, FuboTV disclosed the launch of Hallmark+, which is available as a standalone premium subscription <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42601547/fubo-launches-hallmark-as-standalone-or-add-on-expanding-current-linear-partnership" rel="noreferrer noopener">or an add-on for Fubo customers</a>.
This launch builds on Fubo&#8217;s existing distribution agreement with Hallmark, which already includes Hallmark&#8217;s linear channels.
Investors can gain exposure to the stock via ProShares Metaverse ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VERS#NYSE">VERS</a>).
Price Action: At the last check on Tuesday, FUBO shares were trading lower by 1.46% at $1.35 premarket.
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Photo: courtesy of FuboTv

Small Cap

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fuboTV Battles TelevisaUnivision for Fair Pricing In Spanish-Language Showdown

Warren Buffett&nbsp;is entering 2025 with the largest cash reserve at&nbsp;Berkshire Hathaway&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) in over three decades. 
What Happened:&nbsp;The conglomerate&#8217;s cash holdings have reached a staggering $325 billion, marking the highest percentage of total assets since 1990, CNBC<a href="https://www.cnbc.com/2024/12/22/buffett-heads-into-2025-with-biggest-cash-position-in-more-than-30-years.html"> reported</a> on Tuesday.
This cash accumulation comes as Buffett, 94, finds few attractive investment opportunities amid a highly valued market. The &#8220;Buffett indicator,&#8221; which compares&nbsp;the total market value of&nbsp;U.S. stocks to GDP, has soared to 209%, a level not seen since the 1929 market peak, according to Oppenheimer data.
Throughout 2024, Buffett sold significant portions of his largest holdings, including&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and&nbsp;Bank of America Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), offloading $133 billion in stocks during the year&#8217;s first three quarters. Despite this, Berkshire&#8217;s shares rose 27% in 2024, its best performance since 2021.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/24/12/42642371/smith-wessons-fate-hangs-in-the-balance-as-supreme-court-weighs-mexicos-gun-trafficking-lawsuit-swbi-stock-down-27-over-past-month-heres-whats-next?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Smith &amp; Wesson&#8217;s Fate Hangs In The Balance As Supreme Court Weighs Mexico&#8217;s Gun Trafficking Lawsuit: SWBI&nbsp;Stock Down 27% Over Past Month, Here&#8217;s What&#8217;s Next</a>
Buffett&#8217;s strategy may involve waiting for a major acquisition opportunity, potentially benefiting his successor,&nbsp;Greg Abel. Analyst&nbsp;Kevin Heal&nbsp;from Argus Research suggests that some of the cash could be used for investments in distressed situations, allowing successors to leave their mark.
"This will also provide an opportunity for the successors to make their own mark when Mr. Buffett ocially hands over the reins."
Why It Matters: This substantial cash reserve positions Berkshire Hathaway for strategic maneuvers in the coming years. Recently, Buffett&#8217;s investment activities have shown a shift. In December, Berkshire significantly increased its stake in <a href="https://www.benzinga.com/markets/equities/24/12/42666459/warren-buffett-once-called-berkshire-the-opposite-of-those-who-hurry-to-sell-now-hes-offloading-apple-and-snapping-up-occidental-petroleum-amid-a-20-drop">Occidental Petroleum Corp.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), acquiring approximately 8.9 million shares over a few days. This move, totaling around $405 million, raised Berkshire&#8217;s ownership to 28% of Occidental, valued at approximately $12 billion.
Price Action: As per <a href="https://pro.benzinga.com">Benzinga Pro</a>, BRK.A&#8217;s YTD returns rose by 25.69% while that of BRK.B increased by 25.35%
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42642808/americas-fatal-flaw-is-its-sharply-increasing-addiction-to-government-debt-says-expert-and-the-mother-of-all-bubbles-is-ready-to-pop?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">America&#8217;s &#8216;Fatal Flaw&#8217; Is Its &#8216;Sharply Increasing Addiction&#8217; To Government Debt, Says Expert And The &#8216;Mother Of All Bubbles&#8217; Is Ready To Pop</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

AAPL

Warren Buffett Heads Into 2025 With $325 Billion Cash Pile, His Largest in Over Three Decades: Expert Says It 'Will Provide An Opportunity For The Successors To Make Their Own Mark'

From tree-lighting ceremonies, carol sing-alongs, to cute gifts, the Christmas spirit is alive and kicking, bringing families and communities together.
For cryptocurrency enthusiasts, the joy has doubled on the back of Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) record-breaking run leading up to the special day.
However, things were just the exact opposite during the Christmas of 2022.
What happened: After a searing bull market that catapulted Bitcoin and several other tokens to record highs in 2021, things took a drastic U-turn in 2022.&nbsp;
With implosions like the FTX (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ftt/usd">FTT</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42151412/bankrupt-crypto-exchange-ftx-to-commence-payments-to-customers-creditors-in-early-2025#:~:text=In%20October%2C%20a%20U.S.%20bankruptcy,over%20Robinhood%20shares%20in%20September.">exchange bankruptcy</a> and the collapse of the Terra (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/luna/usd">LUNA</a>) cryptocurrency, the market froze in the cryptocurrency winter of 2022.&nbsp;
Bitcoin fell to $16,000 at its lowest point, with a price on Christmas Day at&nbsp; $16,841.99.
See Also:<a href="https://www.benzinga.com/24/12/42640293/trump-congratulates-bitcoiners-on-new-all-time-highs-as-apex-crypto-suffers-first-weekly-loss-since-election-triumph">Trump Congratulates Bitcoin Community On New All-Time Highs Just As Top Crypto Suffers First Weekly Loss Since His Election Triumph</a>
However, if you were still an optimist and gifted your family $150 worth of Bitcoin on the festive day, you wouldn't have disappointed them in the least.
The market turned around dramatically in 2024, and fueled by Donald Trump's election victory, Bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41575112/is-bitcoins-trump-trade-still-valid-its-complicated-but-watch-these-two-data-points">breached the $100,000 milestone</a>.
To set the record straight, Bitcoin traded at $94,140.23 as of this writing. This meant the stash you gifted on Christmas 2022 would be worth $838.44 today, representing a profit of 458%.
To put this in context, it was larger than the average amount an American is estimated to spend on gifts this holiday season, which is $641, <a href="https://nrf.com/media-center/press-releases/2024-holiday-spending-expected-reach-new-record">according </a>to the National Retail Federation.&nbsp;
So, basically, the 2022 gift would have increased your family&#8217;s purchasing power, allowing them to buy even more gifts for your loved ones in 2024.
However, everything is not lost if you ended up panic-selling your Bitcoin stash in 2022. If your belief in the asset&#8217;s long-term potential remains strong, you may wish to buy some this Christmas.
Price Action: At the time of writing, Bitcoin was exchanging hands at $94,140.23, down 0.71% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/24/12/42640482/dogecoin-flips-into-the-green-as-trump-appoints-longtime-loyalist-katie-miller-to-join-the-department-of-government-efficiency">Dogecoin Turns Green As Trump Appoints Loyalist Katie Miller To The Department Of Government Efficiency</a></li>
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$BTC

$FTT

$LUNA

If You Gave Your Loved Ones A $150 Bitcoin Christmas Gift In 2022, It'd Be Worth More Than What An Average American Spends On The Holiday In 2024

Raymond James analyst Robert Majek initiates coverage on ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform rating and announces Price Target of $1200.

Initiation

Raymond James Initiates Coverage On ServiceNow with Outperform Rating, Announces Price Target of $1200

Warning: CREV is at high risk of performing badly

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The biggest pre-market stock movers are ready to go as we check out all of the hottest news on Friday morning!



Earnings reports continue to be a major mover of shares this morning as companies report their Q1 2024 results.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Novavax (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvax-stock-quote/">NVAX</a>) stock is rocketing more than 112% alongside its <a href="https://finance.yahoo.com/news/novavax-reports-first-quarter-2024-061500233.html">Q1 earnings report</a> and a deal with Sanofi (NASDAQ:<a href="https://investorplace.com/stock-quotes/sny-stock-quote/">SNY</a>).</li>



<li>AEye (NASDAQ:<a href="https://investorplace.com/stock-quotes/aeye-stock-quote/">AEYE</a>) shares are soaring over 42% with strong pre-market trading.</li>



<li>Sensus Healthcare (NASDAQ:<a href="https://investorplace.com/stock-quotes/srts-stock-quote/">SRTS</a>) stock is surging more than 25% after <a href="https://investorplace.com/earning-results/2024/05/srts-stock-earnings-sensus-healthcare-for-q1-of-2024/?utm_source=newsbreak&amp;utm_medium=editorial">beating Q1 EPS and revenue estimates</a>.</li>



<li>Carbon Revolution (NASDAQ:<a href="https://investorplace.com/stock-quotes/crev-stock-quote/">CREV</a>) shares are rising over 18% without any clear news this morning.</li>



<li>Natera (NASDAQ:<a href="https://investorplace.com/stock-quotes/ntra-stock-quote/">NTRA</a>) stock is increasing more than 18% on <a href="https://www.marketwatch.com/amp/story/natera-shares-rise-16-after-1q-positive-cash-flow-183dc052">positive Q1 cash flow</a>.</li>



<li>Sweetgreen (NYSE:<a href="https://investorplace.com/stock-quotes/sg-stock-quote/">SG</a>) shares are climbing over 16% with the release of its <a href="https://www.nasdaq.com/press-release/sweetgreen-inc.-announces-first-quarter-2024-financial-results-2024-05-09">Q1 earnings report</a>.</li>



<li>Inseego (NASDAQ:<a href="https://investorplace.com/stock-quotes/insg-stock-quote/">INSG</a>) stock is heading more than 15% higher alongside <a href="https://www.nasdaq.com/press-release/inseego-reports-first-quarter-2024-financial-results-2024-05-09">Q1 earnings results</a>.</li>



<li>Array Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/arry-stock-quote/">ARRY</a>) shares are jumping over 15% with its <a href="https://www.globenewswire.com/news-release/2024/05/09/2879211/0/en/Array-Technologies-Inc-Reports-Financial-Results-for-the-First-Quarter-2024-Achieves-record-gross-margin-and-2-1-billion-of-executed-contracts-and-awarded-orders.html">latest earnings release</a>.</li>



<li>SoundHound AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/soun-stock-quote/">SOUN</a>) stock is getting a more than 14% boost on <a href="https://www.investopedia.com/soundhound-ai-stock-surges-as-demand-for-voice-ai-tools-lift-annual-sales-guidance-8646393">increasing demand for its services</a>.</li>



<li>Clene (NASDAQ:<a href="https://investorplace.com/stock-quotes/clnn-stock-quote/">CLNN</a>) shares are up over 13% <a href="https://www.zacks.com/stock/news/2270346/clene-inc-clnn-reports-q1-loss-lags-revenue-estimates">despite missing revenue estimates</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Macrogenics (NASDAQ:<a href="https://investorplace.com/stock-quotes/mgnx-stock-quote/">MGNX</a>) stock is crashing more than 68% on an <a href="https://finance.yahoo.com/news/macrogenics-provides-corporate-progress-first-200100560.html">operating update and earnings report</a>.</li>



<li>Progyny (NASDAQ:<a href="https://investorplace.com/stock-quotes/pgny-stock-quote/">PGNY</a>) shares are plummeting over 34% <a href="https://www.nasdaq.com/press-release/progyny-inc.-announces-first-quarter-2024-results-2024-05-09">alongside its earnings report</a>.</li>



<li>Greenwave Technology Solutions (NASDAQ:<a href="https://investorplace.com/stock-quotes/gwav-stock-quote/">GWAV</a>) stock is diving more than 27% after <a href="https://www.prnewswire.com/news-releases/greenwave-technology-solutions-expects-to-process-record-volumes-of-steel-and-copper-with-revenues-exceeding-40-million-in-2024-302140650.html">rallying on earnings yesterday</a>.</li>



<li>Microvision (NASDAQ:<a href="https://investorplace.com/stock-quotes/mvis-stock-quote/">MVIS</a>) shares are taking an over 26% beating after <a href="https://investorplace.com/earning-results/2024/05/mvis-stock-earnings-microvision-for-q1-of-2024/?utm_source=newsbreak&amp;utm_medium=editorial">missing Q1 EPS estimates</a>.</li>



<li>Pineapple Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/pegy-stock-quote/">PEGY</a>) stock is tumbling close to 22% <a href="https://www.nasdaq.com/press-release/pineapple-energy-reports-first-quarter-2024-financial-results-2024-05-09">alongside Q1 earnings</a>.</li>



<li>Applied Optoelectronics (NASDAQ:<a href="https://investorplace.com/stock-quotes/aaoi-stock-quote/">AAOI</a>) shares are sliding more than 16% with its <a href="https://www.nasdaq.com/press-release/applied-optoelectronics-reports-first-quarter-2024-results-2024-05-09">Q1 2024 earnings report</a>.</li>



<li>Zomedica (NYSEMKT:<a href="https://investorplace.com/stock-quotes/zom-stock-quote/">ZOM</a>) stock is falling over 13% after <a href="https://www.msn.com/en-us/money/markets/zom-stock-earnings-zomedica-misses-revenue-for-q1-2024/ar-BB1m88cY?ocid=finance-verthp-feeds">missing Q1 revenue estimates</a>.</li>



<li>Ginkgo Bioworks (NYSE:<a href="https://investorplace.com/stock-quotes/dna-stock-quote/">DNA</a>) shares are dropping more than 13% on <a href="https://www.prnewswire.com/news-releases/ginkgo-bioworks-reports-first-quarter-2024-financial-results-302141730.html">lackluster Q1 revenue</a>.</li>



<li>JFrog (NASDAQ:<a href="https://investorplace.com/stock-quotes/frog-stock-quote/">FROG</a>) stock is decreasing over 12% with its <a href="https://www.businesswire.com/news/home/20240509945856/en/JFrog-Announces-First-Quarter-2024-Results">latest earnings report</a>.</li>



<li>Indie Semiconductor (NASDAQ:<a href="https://investorplace.com/stock-quotes/indi-stock-quote/">INDI</a>) shares close out our pre-market stock movers down nearly 12% with <a href="https://www.businesswire.com/news/home/20240509003050/en/indie-Semiconductor-Reports-First-Quarter-2024-Results">lagging earnings and revenue</a>.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-may-10th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

In a report released today, Eric Stine from Craig-Hallum assigned a Buy rating to Carbon Revolution (CREV – Research Report). The company's shares ...

Craig-Hallum Issues a Buy Rating on Carbon Revolution (CREV)

Carbon Revolution secures $25M financing agreement with Orion Infrastructure Capital

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are worth diving into this morning as we check out all of the hottest news investors need to know about on Friday!



Moving stocks this morning are earnings reports, a clinical trial update, acquisition news and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Windtree Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/wint-stock-quote/">WINT</a>) stock is rocketing close to 121% <a href="https://www.nasdaq.com/press-release/windtree-therapeutics-provides-update-istaroxime-clinical-development-and-upcoming">on a clinical trial update</a>.</li>



<li>BurgerFi International (NASDAQ:<a href="https://investorplace.com/stock-quotes/bfi-stock-quote/">BFI</a>) shares are soaring more than 93% <a href="https://www.nasdaq.com/press-release/burgerfi-reaches-legal-settlement-agreement-lion-point-capital-lp-2024-07-25">on a settlement agreement</a>.</li>



<li>Carbon Revolution (NASDAQ:<a href="https://investorplace.com/stock-quotes/crev-stock-quote/">CREV</a>) stock is surging over 65% on a <a href="https://www.nasdaq.com/press-release/carbon-revolution-supplies-carbon-fiber-wheels-chevrolet-corvette-zr1-2024-07-25">supply deal with Chevrolet</a>.</li>



<li>Everi (NYSE:<a href="https://investorplace.com/stock-quotes/evri-stock-quote/">EVRI</a>) shares are gaining more than 35% <a href="https://www.nasdaq.com/press-release/igts-gaming-and-digital-business-and-everi-be-acquired-simultaneously-apollo-funds">on an acquisition deal</a>.</li>



<li>Coursera (NYSE:<a href="https://investorplace.com/stock-quotes/cour-stock-quote/">COUR</a>) stock is increasing over 26% with its <a href="https://www.businesswire.com/news/home/20240725452896/en/Coursera-Reports-Second-Quarter-2024-Financial-Results">latest earnings report</a>.</li>



<li>Zapata Computing (NASDAQ:<a href="https://investorplace.com/stock-quotes/zpta-stock-quote/">ZPTA</a>) shares are rising more than 24% alongside heavy pre-market trading.</li>



<li>Selina Hospitality (NASDAQ:<a href="https://investorplace.com/stock-quotes/slna-stock-quote/">SLNA</a>) stock is heading over 21% higher with strong early morning trading.</li>



<li>Nova Minerals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVA#NASDAQ">NVA</a>) shares are climbing more than 20% <a href="https://www.tipranks.com/news/company-announcements/nova-minerals-issues-millions-of-new-warrants">after issuing new warrants</a>.</li>



<li>International Game Technology (NYSE:<a href="https://investorplace.com/stock-quotes/igt-stock-quote/">IGT</a>) stock is jumping over 20% alongside the <a href="https://www.prnewswire.com/news-releases/igts-gaming-and-digital-business-and-everi-to-be-acquired-simultaneously-by-apollo-funds-in-all-cash-transaction-302207429.html">Everi acquisition news</a>.</li>



<li>Pineapple Financial (NYSEMKT:<a href="https://investorplace.com/stock-quotes/papl-stock-quote/">PAPL</a>) shares are up more than 17% on Friday morning.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>NovaBay Pharmaceuticals (NYSEMKT:<a href="https://investorplace.com/stock-quotes/nby-stock-quote/">NBY</a>) stock is crashing more than 40% without any clear news this morning.</li>



<li>DexCom (NASDAQ:<a href="https://investorplace.com/stock-quotes/dxcm-stock-quote/">DXCM</a>) shares are plummeting over 34% on <a href="https://www.nasdaq.com/press-release/dexcom-reports-second-quarter-2024-financial-results-updates-guidance-and-announces">poor Q2 results and a cut outlook</a>.</li>



<li>Advent Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/adn-stock-quote/">ADN</a>) stock is diving more than 33% despite a lack of news this morning.</li>



<li>Nature&rsquo;s Miracle (NASDAQ:<a href="https://investorplace.com/stock-quotes/nmhi-stock-quote/">NMHI</a>) shares are tumbling over 30% after <a href="https://investorplace.com/2024/07/why-is-natures-miracle-nmhi-stock-up-94-today/">rallying earlier this week</a>.</li>



<li>Zynex (NASDAQ:<a href="https://investorplace.com/stock-quotes/zyxi-stock-quote/">ZYXI</a>) stock is taking a nearly 23% beating with its <a href="https://www.nasdaq.com/press-release/zynex-reports-second-quarter-2024-financial-results-2024-07-25">Q2 earnings report</a>.</li>



<li>Ocean Power Technologies (NYSEMKT:<a href="https://investorplace.com/stock-quotes/optt-stock-quote/">OPTT</a>) shares are sliding more than 22% <a href="https://www.nasdaq.com/press-release/ocean-power-technologies-inc-announces-fourth-quarter-and-full-year-fiscal-2024">alongside its latest earnings report</a>.</li>



<li>Renovaro (NASDAQ:<a href="https://investorplace.com/stock-quotes/renb-stock-quote/">RENB</a>) stock is dropping over 18% without any obvious news to report.</li>



<li>Avinger (NASDAQ:<a href="https://investorplace.com/stock-quotes/avgr-stock-quote/">AVGR</a>) shares are falling almost 15% this morning.</li>



<li>Exicure (NASDAQ:<a href="https://investorplace.com/stock-quotes/xcur-stock-quote/">XCUR</a>) stock is decreasing 14% after rallying yesterday.</li>



<li>BloomZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMZ#NASDAQ">BLMZ</a>) shares close out our pre-market stock movers down more than 13.5% after jumping yesterday.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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									</ul>The post <a href="https://investorplace.com/2024/07/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-july-26th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Automotive parts specialist Carbon Revolution (NASDAQ:<a href="https://investorplace.com/stock-quotes/crev-stock-quote/">CREV</a>) &ndash; which focuses on manufacturing carbon fiber (<a href="https://investorplace.com/stock-quotes/cf-stock-quote/">CF</a>) wheels for vehicle manufacturers &ndash; saw its shares pop dramatically higher on Friday. Last night, the company revealed that it will supply the CF wheels available on the upcoming (and just revealed) Chevrolet Corvette ZR1. Chevrolet is a General Motors (NYSE:<a href="https://investorplace.com/stock-quotes/gm-stock-quote/">GM</a>) brand and the credibility boost lifted CREV stock.



Carbon&rsquo;s CF wheels &ndash; designed as a one-piece framework &ndash; carries the advantage of being significantly lighter than the aluminum-wheel option. Per the accompanying <a href="https://finance.yahoo.com/news/carbon-revolution-supplies-carbon-fiber-011000695.html">press release</a>, the CF wheels will reduce the Corvette ZR1&rsquo;s rotating, unsprung mass by 42.8 pounds across the vehicle. While the underlying aesthetic appeal will likely be important, it may be the performance improvement that inspires prospective buyers.



After all, the Corvette isn&rsquo;t cheap. According to Kelley Blue Book, the base model Corvette carries an <a href="https://www.kbb.com/chevrolet/corvette/">MSRP of just under $70,000</a>. The current top-end model &ndash; the Z06 &ndash; commands an MSRP of $111,795. However, Car and Driver estimates that the upcoming ZR1 <a href="https://www.autonationdrive.com/blog/2019/october/15/essential-auto-101-what-is-a-halo-car.htm">halo car</a> (essentially the flagship that gets consumers excited about the underlying brand) will carry a price tag <a href="https://www.caranddriver.com/chevrolet/corvette-zr1">between $180,000 to $205,000</a>.



In other words, a consumer plunking that amount of cash for a vehicle will likely want the absolute best in performance: that&rsquo;s probably why CREV stock skyrocketed today.



<h2>CREV Stock Linked to a Groundbreaking Performance Vehicle</h2>



Per the press release, Carbon CEO Jake Dingle noted that the new ZR1 will be the third Corvette that features the company&rsquo;s CF wheels. &ldquo;Our team harnessed its extensive engineering and manufacturing experience to come up with a wheel befitting of the highest-performance Corvette we&rsquo;ve ever seen,&rdquo; the head executive remarked.



Dingle isn&rsquo;t kidding. According to MotorTrend, the Z06 rockets to 60 miles per hour (mph) from standstill in <a href="https://www.motortrend.com/reviews/2023-chevrolet-corvette-z06-convertible-0-60-quarter-mile-time/">just 2.6 seconds</a>. It eclipses the quarter mile in a blistering 10.6 seconds with a trap speed of 131.6 mph. That&rsquo;s supercar performance coming out of an engine that generates 670 horsepower.



On the other hand, Chevrolet has yet to release its figures for 0-60 times for the ZR1. But what has enthusiasts excited about the upcoming automotive juggernaut is that it generates 1,064 horsepower. To truly get the most out of this vehicle, prospective buyers will likely opt for the CF wheels. This dynamic has speculators bidding up CREV stock.



To be fair, the company is a risky proposition. Shortly following its initial public offering, CREV stock screamed higher to an <a href="https://finance.yahoo.com/quote/CREV/history/">intraday-record high of $197.99</a>. Still, the equity quickly fell back toward a more terrestrial range.



Nevertheless, with the announcement of the partnership with GM&rsquo;s high-performance halo car, investors may have Carbon Revolution on their watch list.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
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									</ul>The post <a href="https://investorplace.com/2024/07/crev-stock-pops-as-carbon-revolution-snags-chevrolet-supply-deal/">CREV Stock Pops as Carbon Revolution Snags Chevrolet Supply Deal</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

CREV Stock Pops as Carbon Revolution Snags Chevrolet Supply Deal

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are worth diving into as we check out all of the hottest news affecting shares on Monday morning!



Moving stocks this morning are clinical trial updates, an acquisition deal and a public offering.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Planet Image (NASDAQ:<a href="https://investorplace.com/stock-quotes/yibo-stock-quote/">YIBO</a>) stock is rocketing more than 79% alongside heavy pre-market trading.</li>



<li>Lipella Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/lipo-stock-quote/">LIPO</a>) shares are soaring over 58% after <a href="https://www.stocktitan.net/news/LIPO/lipella-pharmaceuticals-initiates-phase-2a-trial-for-lp-310-in-oral-kdvluw7gmnv7.html">initiating a Phase 2a clinical trial</a>.</li>



<li>Cognition Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/cgtx-stock-quote/">CGTX</a>) stock is surging more than 44% with <a href="https://www.nasdaq.com/press-release/cognition-therapeutics-proof-concept-phase-2-shine-trial-demonstrates-consistent">positive Phase 2 study results</a>.</li>



<li>Tivic Health Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/tivc-stock-quote/">TIVC</a>) shares are gaining over 32% following a <a href="https://www.nasdaq.com/press-release/bestgrowthstockscom-issues-comprehensive-analysis-tivic-health-systems-potential">breakdown of its potential catalysts</a>.</li>



<li>Longeveron (NASDAQ:<a href="https://investorplace.com/stock-quotes/lgvn-stock-quote/">LGVN</a>) stock is increasing more than 22% with the release of <a href="https://www.nasdaq.com/press-release/longeveronr-presents-study-results-clear-mind-phase-2a-clinical-trial-lomecel-btm">Phase 2a study results</a>.</li>



<li>Pineapple Financial (NYSEMKT:<a href="https://investorplace.com/stock-quotes/papl-stock-quote/">PAPL</a>) shares are rising 22% without any clear news this morning.</li>



<li>Cepton (NASDAQ:<a href="https://investorplace.com/stock-quotes/cptn-stock-quote/">CPTN</a>) stock is climbing over 19% on <a href="https://www.stocktitan.net/news/CPTN/cepton-signs-definitive-agreement-to-be-acquired-by-7cwu0k4o8p93.html">an acquisition agreement</a>.</li>



<li>Ambipar Emergency (NYSEMKT:<a href="https://investorplace.com/stock-quotes/ambi-stock-quote/">AMBI</a>) shares are jumping more than 18% this morning.</li>



<li>BurgerFi (NASDAQ:<a href="https://investorplace.com/stock-quotes/bfi-stock-quote/">BFI</a>) stock is heading over 16% higher as it <a href="https://investorplace.com/2024/07/why-is-burgerfi-international-bfi-stock-up-71-today/">continues a recent rally</a>.</li>



<li>Vaccinex (NASDAQ:<a href="https://investorplace.com/stock-quotes/vcnx-stock-quote/">VCNX</a>) shares are up more than 15% this morning.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>vTv Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/vtvt-stock-quote/">VTVT</a>) stock is plummeting over 44% after announcing the Food and Drug Administration&nbsp;(FDA) <a href="https://www.nasdaq.com/press-release/vtv-therapeutics-announces-cadisegliatin-program-type-1-diabetes-placed-clinical-hold">placed a clinical hold</a> on one of its trials.</li>



<li>CERo Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/cero-stock-quote/">CERO</a>) shares are diving more than 33% despite a lack of news this morning.</li>



<li>Treasure Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/tgl-stock-quote/">TGL</a>) stock is tumbling over 25% on Monday morning.</li>



<li>LuxUrban Hotels (NASDAQ:<a href="https://investorplace.com/stock-quotes/luxh-stock-quote/">LUXH</a>) shares are taking a more than 17% beating after <a href="https://www.globenewswire.com/news-release/2024/07/27/2919920/0/en/LuxUrban-Hotels-Announces-Pricing-of-Public-Offering-of-Securities.html">pricing a public offering</a>.</li>



<li>Invo Bioscience (NASDAQ:<a href="https://investorplace.com/stock-quotes/invo-stock-quote/">INVO</a>) stock is dropping over 11% without any clear news to report.</li>



<li>Phio Pharmaceuticals&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/phio-stock-quote/">PHIO</a>) shares are sliding more than 11% this morning.</li>



<li>Notable Labs (NASDAQ:<a href="https://investorplace.com/stock-quotes/ntbl-stock-quote/">NTBL</a>) stock is decreasing over 10% on Monday morning.</li>



<li>Regencell Bioscience (NASDAQ:<a href="https://investorplace.com/stock-quotes/rgc-stock-quote/">RGC</a>) shares are falling more than 9% after a Friday rally.</li>



<li>Carbon Revolution (NASDAQ:<a href="https://investorplace.com/stock-quotes/crev-stock-quote/">CREV</a>) stock is slipping over 9% after jumping Friday <a href="https://finance.yahoo.com/news/carbon-revolution-supplies-carbon-fiber-011000695.html">on a wheels deal</a>.</li>



<li>Nuwellis (NASDAQ:<a href="https://investorplace.com/stock-quotes/nuwe-stock-quote/">NUWE</a>) shares close out our pre-market stock movers down more than 9%.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/2024/07/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-july-29th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday

Carbon Revolution (CREV) announced that OIC has released an incremental $5M of the escrowed $35M facility, of which, as a result of this most recen...

Carbon Revolution secures further release of $5M from OIC

Carbon Revolution receives non-compliance letter from Nasdaq

Carbon Revolution Secures gets $25M financing

AAOI

AEYE

AMBI

ARRY

BLMZ

CERO

CGTX

CLNN

COUR

CPTN

DXCM

EVRI

FROG

GWAV

INDI

INSG

INVO

LGVN

LIPO

LUXH

MGNX

MVIS

NMHI

NTBL

NUWE

NVAX

OPTT

PAPL

PEGY

PGNY

PHIO

RENB

SLNA

SOUN

SRTS

VCNX

VTVT

WINT

XCUR

YIBO

ZPTA

ZYXI

Press Releases

Carbon Revolution Appoints Industry Veteran Alia Comai as Chief Revenue Officer to Lead the Sales and Strategic Partnerships

Financing

Carbon Revolution Secures $25 Million Financing Agreement with OIC to Fund Growth

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