Latest news for Desarrolladora Homex (OTC:DHHXF) Stock

Desarrolladora Homex SAB de CV is a home development company. It develops constructs and sales entry level, middle-income and tourism housing in Mexico and entry-level housing in Brazil. The firm's business is divided into entry-level, middle income, residential and tourism segments. These segments are differentiated on the basis of cost, size and characteristics. The company derives majority of its revenues from entry-level segment.

DESARROLLADORA HOM SA ORD by Desarrolladora Homex SA de CV

Desarrolladora Homex SAB de CV

Bilibili Inc &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) shares are trading lower by 9.44% to $26.86 Thursday morning, pulling back following a 90% surge over the past month, which was fueled by mounting optimism around China&#8217;s aggressive <a href="https://www.benzinga.com/news/24/10/41165162/china-stocks-are-cooling-off-thursday-whats-going-on">stimulus measures</a> aimed at reviving its sluggish economy.
Shares of major Chinese tech companies, including Alibaba, Baidu and JD.com, also experienced declines as concerns over escalating geopolitical tensions in the Middle East dampened investor sentiment.
What To Know: Bilibili, a popular video-sharing platform with a focus on anime, gaming and youth-centric content, has become one of China's leading online entertainment companies. It caters primarily to Gen Z and millennial users, offering a mix of user-generated content, live streaming, and mobile games. 
Despite this strong market position and a recent uptick in its stock price, driven by China&#8217;s recent stimulus actions, the company remains vulnerable to broader market movements and external risks.
Chinese markets reacted negatively on Thursday, as investors grew cautious amid fears of a potentially expanding conflict in the Middle East. The resulting uncertainty, especially regarding energy prices and global supply chains, has created concerns for emerging markets like China.
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41166146/would-bitcoin-drop-if-a-war-in-the-middle-east-breaks-out-yes-but-theres-a-catch">Would Bitcoin Drop If A War In The Middle East Breaks Out? Yes, But There&#8217;s A Catch</a>
An elevated oil risk premium could hurt China's economic outlook, as it is heavily reliant on imported energy. In turn, this may affect consumer confidence and spending, which are crucial for platforms like Bilibili, where advertising revenue and in-app spending are sensitive to broader economic conditions.
What Else: Additionally, while China's recently announced measures—such as mortgage refinancing and fiscal spending to stimulate growth—have provided a short-term boost to tech stocks, the sustainability of this recovery remains a question mark. 
Bilibili, like other Chinese tech companies, has been navigating a challenging landscape over the past year, facing headwinds from China's regulatory tightening on technology and entertainment sectors, as well as weakened advertising demand.
Read Also: <a href="https://www.benzinga.com/news/24/10/41159016/port-strike-enters-day-3-economist-warns-of-meaningful-impact-if-standoff-prolongs-food-beverages-li">Port Strike Enters Day 3: Economist Warns Of &#8216;Meaningful&#8217; Impact If Standoff Prolongs, Food &amp; Beverages Likely First To Feel The Pinch</a>
<h2 class="wp-block-heading">How To Buy BILI Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Bilibili&#8217;s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, BILI has a 52-week high of $31.77 and a 52-week low of $8.80.

News

BILI

Why Bilibili Stock Is Volatile Today

WIIM

Vistra shares are trading higher after RBC Capital maintained an Outperform rating on the stock and raised its price target from $105 to $141.

<a href="https://www.benzinga.com/personal-finance/24/09/40922368/excuse-me-you-want-to-check-my-credit-nba-legend-shaq-shares-he-felt-disrespected-when-trying-to">Shaquille O'Neal</a> no longer owns his massive Orlando mansion as of 2024, but the story behind it reveals a lot about the NBA legend's personal life.&nbsp;
During a 2018 appearance on The Ellen DeGeneres Show, Shaquille O'Neal shared a surprising fact about his 76,000-square-foot mansion – he only used two rooms. "The kitchen because I like to eat, and the bedroom because I like to sleep," he joked, offering a glimpse into his surprisingly simple lifestyle despite the enormous size of his home.
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Curious, DeGeneres asked, "What about the living room or a den?" Shaq shook his head. "No, I never go to the theater, never go to the gym," he admitted, leaving much of the house untouched.
DeGeneres then asked Shaq how many bathrooms were in his house, to which he casually replied, "I think 15." DeGeneres joked, "You know you're supposed to flush the toilets and run the water once a week so it doesn't smell." Shaq laughed, admitting, "I never knew that." DeGeneres playfully suggested that his housekeeper should be taking care of it, to which Shaq responded with a grin, "I don't have a housekeeper; I clean it myself." The audience cheered before he quickly added, "Just playing," drawing more laughter.
Trending: This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> become a landlord in just 10 minutes, and you only need $100</a>.
The exchange showed Shaq's ability to balance humor with a glimpse into his life, revealing that even with all the luxury, he keeps things lighthearted and down-to-earth.
The mansion in Windermere, Florida, was packed with extravagant features, including a 17-car showroom, a cigar room, a wine cellar, a custom theater, and even a Miami Heat-themed basketball court. However, Shaq admitted during a podcast interview that the house didn't always bring him happiness. He opened up about <a href="https://www.benzinga.com/personal-finance/24/09/40943843/we-aint-rich-im-rich-nba-legend-shaq-says-his-daughters-and-sons-dont-get-equal-treatment-my-boy">feeling lonely in the mansion</a> after his divorce from his ex-wife, Shaunie Nelson. "I built this house for them," he shared. "But after the divorce, I would come home to a 76,000-square-foot house with nobody there but me. That was the worst part."
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
Shaq purchased the property back in 1993 for around $3.95 million. After nearly three decades, it proved difficult to sell. The mansion was initially listed at $28 million in 2018, but after struggling to find a buyer, he had to lower the price multiple times. By January 2019, the price dropped to $22 million, and later to $16.5 million after making some updates and switching real estate agents.
Even with the updates and price reductions, Shaq's mansion remained on the market for a while. In January 2021, he thought he had a buyer, but the deal fell through. Finally, in October 2021, the mansion was sold to a dentist for $11 million – far below the original asking price. Shaq later admitted, "I'm actually sick that I sold it," but didn't dwell much on the loss.
While it's <a href="https://www.benzinga.com/real-estate/24/09/40836966/do-you-want-to-look-inside-no-ill-take-it-shaq-bought-a-house-on-the-spot-because-it-was-right-acros">no longer his residence</a>, the story of Shaq's mansion shows that even <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">celebrities with vast fortunes</a> and gigantic homes can feel the weight of isolation. Despite the luxury, sometimes you need two rooms to live in – and the people who matter most to share it with.
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</ul>

Real Estate

NBA Legend Shaq Only Used 2 Rooms In His 76,000 Sq Ft. Mansion: 'The Kitchen Because I Like To Eat And The Bedroom Because I Like To Sleep'

<a href="https://www.texasattorneygeneral.gov/news/releases/attorney-general-ken-paxton-sues-big-pharma-drug-manufacturers-and-pharmacy-benefit-managers">https://www.texasattorneygeneral.gov/news/releases/attorney-general-ken-paxton-sues-big-pharma-drug-manufacturers-and-pharmacy-benefit-managers</a>
Texas Attorney General Ken Paxton sued major insulin manufacturers and pharmacy benefit managers ("PBMs")—including Eli Lilly, Express Scripts, CVS Pharmacy, and others—over a conspiracy to increase prices of insulin.&nbsp;
Through this conspiracy, the manufacturers artificially and willingly raised the prices of insulin then paid a significant, undisclosed portion back to the PBMs as a quid pro quo for inclusion in the PBMs' standard offerings. The PBMs then granted preferred status to the manufacturer whose drug has the highest list price while excluding lower priced drugs. These synthetic insulin drugs, which today cost the manufacturers less than $2 to produce and were originally priced at $20 when released in the late 1990s, now range between $300 and $700. In the last decade alone, the manufacturers who are defendants in the lawsuit have increased the prices of their insulins up to 1,000%. Attorney General Paxton is suing because the insulin pricing scheme violates the Texas Deceptive Trade Practices Act, constitutes unjust enrichment, and represents an unlawful civil conspiracy.
"This is a disturbing conspiracy by which pharmaceutical companies were intentionally and artificially inflating the price of insulin. Big Pharma insulin manufacturers and PBMs worked together to take advantage of diabetes patients and drive prices as high as they could," said Attorney General Paxton. "These companies acted illegally and unethically to enrich themselves, and we will hold them accountable."
According to the complaint, "While the PBM Defendants represent that they perform their services on behalf of their clients (including Texas payors) and diabetics to lower drug prices, increase access to affordable drugs, and promote diabetic health, these representations are false. Rather, the PBM Defendants have worked in coordination with the Manufacturer Defendants to distort the market for diabetic treatments to their benefit at the expense of Texas diabetics and payors."
Liston &amp; Deas, David Nutt &amp; Associates, the Cicala Law Firm, and Foreman Watkins Krutz are serving as outside counsel.

Legal

Texas Attor­ney Gen­er­al Ken Pax­ton Sues Big Phar­ma Drug Man­u­fac­tur­ers And Phar­ma­cy Ben­e­fit Man­agers For Con­spir­a­cy

Equinox Gold Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQX#NASDAQ">EQX</a>) shares are trading lower by 5.3% to $5.84 during Thursday&#8217;s session after the company announced it has issued <a href="https://www.benzinga.com/pressreleases/24/10/g41159996/equinox-gold-announces-convertible-note-conversion-and-bought-deal-secondary-offering">24,761,905 shares</a>.
What To Know: Equinox Gold has issued 24.76 million common shares to Ninety Fourth Investment Company, an affiliate of MDC Industry Holding, following the conversion of a US$130 million convertible note. 
These shares will now be sold in a secondary offering, led by BMO Capital Markets, at a price of US$5.65 per share, generating gross proceeds of approximately US$140 million for Ninety Fourth.
Equinox Gold says the company will not receive any proceeds from this sale, but the conversion reduces the company&#8217;s debt and boosts liquidity. MDC originally acquired the note in 2019 and will retain a second US$130 million convertible note with a maturity date in 2025. The offering is expected to close by October 9.
Read Also: <a href="https://www.benzinga.com/news/24/10/41165162/china-stocks-are-cooling-off-thursday-whats-going-on">China Stocks Are Cooling Off Thursday: What&#8217;s Going On?</a>
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, EQX has a 52-week high of $6.50 and a 52-week low of $3.95.

Why Equinox Gold (EQX) Stock Is Falling

Cantor Fitzgerald analyst Louise Chen reiterates Merck &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) with a Overweight and maintains $155 price target.

Price Target

Reiteration

Analyst Ratings

Cantor Fitzgerald Reiterates Overweight on Merck & Co, Maintains $155 Price Target

MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares are falling Thursday after shareholders approved a 1-for-20<a href="https://www.benzinga.com/pressreleases/24/10/n41151788/microcloud-hologram-inc-announces-results-of-its-2024-annual-general-meeting-of-the-shareholders"> reverse stock split</a>.
The Details:
MicroCloud Hologram announced on Wednesday that shareholders had approved the reverse stock split which is intended to regain compliance with the minimum bid price Nasdaq listing requirement. The stock will begin trading on a split-adjusted basis on Oct. 9, 2024.&nbsp;
The reverse split will reduce the number of MicroCloud&#8217;s outstanding Class A ordinary shares from 410,883,973 shares to 20,544,198 shares.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/24/10/41152629/what-happened-with-accenture-stock-today">What Happened With Accenture Stock Today?</a>
According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, MicroCloud shares are trading below the stock&#8217;s 50-day moving average of 36 cents and are approaching its 52-week low of 20 cents.&nbsp;
<h3 class="wp-block-heading">How To Buy HOLO Stock:</h3>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in MicroCloud Hologram's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
HOLO Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, MicroCloud Hologram shares are down 19.4% at 27 cents at the time of publication Thursday.
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</ul>
Image: Vilius Kukanauskas from Pixabay

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Movers

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

What's Going On With MicroCloud Hologram Stock?

BlackSky Technology Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKSY#NYSE">BKSY</a>) shares are trading higher Thursday after the company was awarded a five-year contract to monitor <a href="https://www.benzinga.com/pressreleases/24/10/b41162786/blacksky-wins-five-year-nga-luno-a-contract-valued-up-to-290-million-to-monitor-global-economic-ac">global economic activity and military capabilities</a>.
What Happened: The U.S. National Geospatial-Intelligence Agency (NGA)&nbsp;awarded BlackSky Technology&nbsp;a multi-award indefinite-delivery, indefinite-quantity contract worth up to&nbsp;$290 million over five years. 
Under the contract, BlackSky will monitor global economic and environmental activity and military capability using satellite imagery and <a href="http://benzinga.com/topic/ai">AI</a>-driven change-detection analytics.
The company expects to provide analytical services that detect and identify objects of interest such as aircraft, ships, vehicles and shipping containers. BlackSky will also detect changes to the Earth such as deforestation, construction, mining, flooding and other phenomena that contribute to climate change or wildfires.
&#8220;The Luno A contract validates demand for BlackSky&#8217;s commercial real-time, AI-driven dynamic monitoring services at massive scale,&#8221; said Brian O&#8217;Toole, CEO of BlackSky Technology.
&#8220;BlackSky&#8217;s first-of-its-kind space-based intelligence system delivers answers to our customers&#8217; most pressing questions at industry-leading speed and economics.&#8221;
Don&#8217;t Miss: <a href="https://www.benzinga.com/general/space/24/09/41013092/boeing-vs-spacex-will-stumbles-in-union-negotiations-space-travel-weaken-aerospace-giants-standing-">Boeing Vs. SpaceX: Will Union Talk Stumbles, Space Travel Weaken Aerospace Giant&#8217;s Standing Against Elon Musk&#8217;s Company?</a>
Luno A is the follow-on contract to the NGA&#8217;s&nbsp;$60 million&nbsp;Economic Indicator Monitoring contract which was originally&nbsp;awarded in 2021. The contract will also support the development of new and emerging products, data and services such as novel AI solutions. 
&#8220;BlackSky&#8217;s commitment to automation across our entire architecture has had the cumulative effect of generating new, foundational machine learning tools for the U.S. government that will advance the key areas of focus for Luno A,&#8221;&nbsp;O&#8217;Toole added.
BKSY Price Action: <a href="http://benzinga.com/quote/bksy">BlackSky shares</a> were up 6.61% at $5.32 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo:&nbsp;<a href="https://pixabay.com/users/piro4d-2707530/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=4242493">PIRO</a>&nbsp;from&nbsp;<a href="https://pixabay.com//?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=4242493">Pixabay</a>.

SPACE

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BlackSky Technology Inc. Class A Common Stock

BKSY

BlackSky Technology Stock Is Soaring Thursday: What's Going On?

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are up this Thursday. Here&#8217;s <a href="https://www.benzinga.com/markets/equities/24/10/41141540/palantir-technologies-partners-with-edgescale-ai-to-operationalize-ai-in-manufacturing-and-utili">what you need to know.</a>
What To Know: A Barron&#8217;s report noted that Palantir co-founder and chairman Peter Thiel has completed selling the <a href="https://www.benzinga.com/news/24/10/41145602/palantir-stock-is-moving-higher-wednesday-whats-going-on">maximum number of shares</a> under a trading plan he initiated in May. Thiel sold 12.412 million shares at an average price of $36.85 per share from September 27 through October 1 via Rivendell 7 LLC, leaving the entity with approximately 34.26 million shares. This sale was completed ahead of the December 31, 2025 deadline.
Palantir also announced a multi-year strategic partnership with Edgescale AI to enhance artificial intelligence (AI) operations in manufacturing, utilities and other industrial sectors. According to Brian Mengwasser, co-founder and CEO of Edgescale AI, the objective is to simplify the deployment of AI capabilities, integrating Palantir's software on Edgescale's Live Edge platform to provide direct access to operational data and automate physical processes.
What Else: Additionally, Palantir was among the top-20 <a href="https://www.benzinga.com/top-stories/24/10/41150827/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-september-2024-where-do-tesla-nvidia-apple">most searched tickers on Benzinga Pro </a>last month, indicating high investor interest.
PLTR Price Action: Palantir shares were up by 3.03% at $38.63 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="560" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03095501/PLTR-1024x560.png" alt="" class="wp-image-578738" style="width:567px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03095501/PLTR-1024x560.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03095501/PLTR-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03095501/PLTR-768x420.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03095501/PLTR.png 1045w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image via Shutterstock.

PLTR

What's Going On With Palantir Stock Today?

<a href="https://thebearcave.substack.com/p/problems-at-roblox-rblx-4" title="https://thebearcave.substack.com/p/problems-at-roblox-rblx-4">https://thebearcave.substack.com/p/problems-at-roblox-rblx-4</a>

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RBLX

Watching Roblox; The Bear Cave Issues Fourth Report On Co Titled "Problems at Roblox (RBLX) #4"

California's recent emergency regulations targeting hemp-derived products are making waves across the cannabis industry. Governor <a href="https://www.benzinga.com/markets/cannabis/24/09/41012794/gov-newsoms-hemp-ban-goes-into-effect-consequences-for-industry-investors-patients">Gavin Newsom's emergency order </a>has sparked concerns, with businesses questioning the sweeping restrictions and their impact on the state and national markets.
Brandon Harshbarger, president of Cheech &amp; Chong Global Holdings, weighed in on the implications of these changes for the industry. Speaking ahead of his appearance at the upcoming <a href="https://www.benzinga.com/events/cannabis-conference/">Benzinga Cannabis Capital Conference,</a> Harshbarger detailed how the restrictions are already causing fallout across California's cannabis and hemp markets.
<h3 class="wp-block-heading">Restricting Hemp: Who Wins and Who Loses?</h3>
Harshbarger, whose company operates in both the recreational cannabis and hemp markets in California, emphasized the disconnect between the state's portrayal of hemp products and the reality. "We've been more vocal than some, but the reality is there are some very large rec operators that are also producing excellent hemp-derived products in California along with many other states," he explained.
The emergency order not only affects producers but also ripples through the supply chain, harming retailers and wholesalers that had previously operated within the framework of AB45, a law allowing hemp-derived THC products under specific guidelines. &#8220;What the state isn't recognizing is that AB45 was crafted with very specific requirements for hemp producers to follow,&#8221; Harshbarger pointed out, noting that many of the products targeted by the ban complied with these regulations.
<h3 class="wp-block-heading">A Multi-Billion Dollar Loss?</h3>
One of the most striking figures Harshbarger provided was the potential financial hit. Using Minnesota as a comparison, he highlighted that hemp-derived THC beverages alone had generated nearly $200 million in sales in just over a year. "If you extrapolate population and store counts, it becomes easy to see that just the hemp-derived THC drink category is worth more than a billion dollars in sales a year to the State of California,&#8221; he added.
This, combined with the broader restrictions on hemp-derived products, means the potential economic impact could be far-reaching, affecting not just businesses but also employment and state tax revenues.
<h3 class="wp-block-heading">A Call for Unified Action</h3>
Harshbarger sees a silver lining in the situation, suggesting that the restrictions could galvanize recreational cannabis and hemp operators to work together for policy reform. "My hope is that this event is going to galvanize both the rec and hemp operators in California so we can craft policy that makes sense for greater access and healthier companies to combat the illicit market," he said.
As the debate over hemp and cannabis regulations continues, it's clear that California's decisions will have national implications. The current market, as Harshbarger stated, "is untenable," and these emergency measures may push the industry to reevaluate its approach to cannabis and hemp alike.
Now Read: 
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<li><a href="https://www.benzinga.com/markets/cannabis/24/10/41164499/californias-hemp-ban-likely-wont-be-the-last-will-it-push-consumers-back-to-licensed-operators">California&#8217;s Hemp Ban &#8216;Likely Won&#8217;t Be The Last&#8217;: Will It Push Consumers Back To Licensed Operators?</a></li>
</ul>
Photo: Courtesy of Kyrylo Vasyliev via Shutterstock

Cannabis

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Will California's Hemp Ban Cost The State Billions? 'Just The Drink Category Is Worth Over A Billion' Says Expert

Albany International shares are trading lower after the company cut its FY24 guidance.

VRNA

Verona Pharma shares are trading higher after Wells Fargo initiated coverage on the stock with an Overweight rating and announced a price target of $50.

Over the past 24 hours, Arbitrum's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">ARB</a>) price has fallen 3.71% to $0.53. This continues its negative trend over the past week where it has experienced a 16.0% loss, moving from $0.63 to its current price. 
The chart below compares the price movement and volatility for Arbitrum over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1727967823_0.png" alt="price_chart" />
The trading volume for the coin has climbed 9.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.07%. This brings the circulating supply to 3.62 billion, which makes up an estimated 36.17% of its max supply of 10.00 billion. According to our data, the current market cap ranking for ARB is #50 at $1.90 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1727967823_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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$ARB

Cryptocurrency Arbitrum Down More Than 3% Within 24 hours

<a href="https://www.globenewswire.com/Tracker?data=cdrZ-B8uy93P-Qc3Jvwh1oIFI3gAebHEioKE4CNgGBXA8yMZTrbMLsQvOBAanVWSsDMTrxsVkiarfmZOmqniEwjmX-zvQK8R9J6c2-II7xV2MteReYg9WkEdEqxxpLTN">Alignment Health Plan</a>, an award-winning Medicare Advantage plan from Alignment Health, today announced it is expanding access to high-quality health care and services for its members in Clark and Washoe counties through a new agreement with <a href="https://www.globenewswire.com/Tracker?data=I1do1Z9aCFxxLvAQ1c7xkLzL7VAnB1vgpLuHIwPEjDmjv45WrjR5TpkR93zWjIHU44oalNPk2BZWKqr1pcI7p591w4E7Lwqhodqo0vgn3H4=">Intermountain Health</a>. Effective Jan. 1, 2025, the agreement will provide Alignment's Nevada members access to more than 65&nbsp;clinic locations in the Silver State, 35 of which are award-winning senior primary care clinics.

ALHC

Alignment Health Plan Expands Provider Network With Intermountain Health, Enhancing Care Access In Nevada, Effective Jan. 1, 2025

Macro Economic Events

Economics

Federal Reserve

IMF Spokesperson Says U.S. Federal Reserve Should Continue Data-dependent And Meeting-by-meeting Approach To Monetary Policy Easing

Over the past 24 hours, Hedera's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/hbar/usd">HBAR</a>) price has fallen 5.0% to $0.05. This continues its negative trend over the past week where it has experienced a 15.0% loss, moving from $0.06 to its current price. 
The chart below compares the price movement and volatility for Hedera over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1727967754_0.png" alt="price_chart" />
The trading volume for the coin has increased 19.0% over the past week. while the overall circulating supply of the coin has decreased 0.02% This puts its current circulating supply at an estimated 75.31% of its max supply, which is 50.00 billion. The current market cap ranking for HBAR is #48 at $1.90 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1727967755_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$HBAR

Cryptocurrency Hedera Falls More Than 5% In 24 hours

Optimism's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">OP</a>) price has decreased 8.1% over the past 24 hours to $1.51, continuing its downward trend over the past week of -12.0%, moving from $1.73 to its current price. 
The chart below compares the price movement and volatility for Optimism over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1727967746_0.png" alt="price_chart" />
Optimism's trading volume has climbed 36.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 5.5%. This brings the circulating supply to 1.26 billion, which makes up an estimated 29.22% of its max supply of 4.29 billion. According to our data, the current market cap ranking for OP is #49 at $1.90 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1727967746_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cryptocurrency Optimism Down More Than 8% Within 24 hours

Milestone Scientific Inc. (NYSE:<a href="https://www.benzinga.com/stock/MLSS#NYSE">MLSS</a>), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today announced that <a href="https://www.globenewswire.com/Tracker?data=quTdGI-8ikQUDQN9jO9itgs9K6h8ZlQhh5P4E23laPwH7YvR1TxmfGOK_DueMWma5lNhLYatRgDTu08EtjLGmghJ0aB1Bwl-HoDjQxHE6-w=">iHeal Pain Center</a> has adopted the CompuFlo&#xAE; Epidural System following successful epidural steroid injection (ESI) procedures by Dr. Desai, DO. Dr. Desai has performed six cervical and two lumbar ESI procedures using the CompuFlo&#xAE; Epidural System, leading to its integration within the clinic. &nbsp;
This milestone marks the launch of the next phase of Milestone Scientific's commercial activities, following the recent achievement of a granted Medicare Part B Physician payment rate with <a href="https://www.globenewswire.com/Tracker?data=P-I3_XDB9wEz7KWd-Yj6rAgFIFcZAgXoAz-hzpFR6FMp4viErfF4EVYLOR0DLnlnlxhdObBFg5_UFk3Irsc1Hm9FwfDq4s4Qhdx-17mZa5Xc__Ck-cXc4HLnblCT4DJfqtQd9gjGgH6BTvf-pRWdKbVO59NWaoQLvVhly2Thp9Q--VjtkXCxvBYBJyHG95ASkOj124cpuVHCJVr_1ZyjTChfhpAvYD_d-yfb4qQDZGyUR8XP93h4-yH8KtarZS7fXihv8kJZMRaM0P7gQs9N1kGu0j5RZETDVLsk5VzmgAmmSFGYGAflWtLAeuHycwrp">First Coast Service Options Inc. (FCSO)</a> and <a href="https://www.globenewswire.com/Tracker?data=UkLTgNxG702buFRv1btnfJLUSqcwrkryCfbC_X4fjFjYIyQq5RsPYX4brVGhFrY36ZmzE12Tj_4naEAy59tuAclsEtAxFwaLlvxb1lc45L80tm_Z6LOTrDdX9QSikmE-Q955Rbkvo1ZBEChYt12El34V3XREFL6TMgTtfaZY-NYAMhL7YVW4ClGthYL9e95owTXWu1YVhIP2sN6Az216O5o511YG8mpYy0o-Hd4L2i82FLdJCtJk5qmNrRvNzsoYir76aRnJMd1UqESEOvyAuYlpHNY4oRyW-5ykA2GDKLgelqcVnatfdegp9pilENgikn9ADINTFh4fLvzuMFXeR3vYJ0ltaFvDvG2zQ5oQZkI=">Novitas Solutions, Inc.</a> for the CompuFlo&#xAE; Epidural System under the American Medical Association's (AMA) technology-specific Category III CPT&#xAE; code CPT0777T (real-time pressure-sensing epidural guidance system when used in conjunction with a primary ESI procedure). The favorable Medicare Price Assignment was granted across multiple Jurisdictional Medicare Administrative Contractors (JMAC) regions, including key states such as Florida, Texas, Pennsylvania, New Jersey, Maryland, Colorado, Oklahoma, Louisiana, Arkansas, Mississippi, New Mexico, District of Columbia, and Delaware.
In addition to the Medicare pricing, Milestone Scientific recently announced a <a href="https://www.globenewswire.com/Tracker?data=DwgmXG6xVdTpxMy3OtpVvOeMGfNa5V-RQVun58gU3v6d6iswpZWLuveuODL30w-7iRsBpqkihxnXDUqyQiQmWD_VYiqsGLzXGlLbMuBJFsTOB0I1KgfUMlQ6VegpC9xaXtrxo3RORC6II-w4Lwet2U4-O0FKUipM-nrR8Er3XVPDd8GpjNicjLTpOY9Qi6jYD3qlSM59j7yZutUjs3bnaxbJitJPxqnuKsW6rFLq7DaCNsOMeKrn288elVcLXEinYeDqkgylCSRnmNXelqT08QiuoyZ6P0AixMay61XYROs=">strategic partnership</a> with Axial Biologics aimed at accelerating the adoption of the CompuFlo&#xAE; Epidural System. The iHeal Pain Center represents the first clinic added through this partnership, with multiple customer pilots underway in key states such as New Jersey, Texas, and Florida.

Biotech

MLSS

Milestone Scientific Announces Commercial Rollout Of CompuFlo Epidural System At iHeal Pain Center Following Medicare Price Assignment

Cantor Fitzgerald analyst Li Watsek reiterates Arcus Biosciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCUS#NYSE">RCUS</a>) with a Overweight.

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