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Engie (OTC:ENGIY) Stock, Option Chain

Engie

Engie is a global energy firm formed by the 2008 merger of Gaz de France and Suez and the acquisition of International Power in 2012. It changed its name to Engie from GDF Suez in 2015. The company operates Europe's largest gas pipeline network in France and a global fleet of conventional and renewable power plants with 64 gigawatts of capacity on a consolidated basis. Engie also operates a diverse suite of other energy businesses.

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In a recent report, global wealth manager UBS has identified the sectors that are likely to drive the next wave of technological innovation and the stocks that stand to benefit.

Which Stocks Will Dominate The Future Of Tech? UBS Shares Its Top Picks In AI, Healthtech, Greentech, And Fintech

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Packaging company WestRock Company (NYSE: WRK) said it has entered into 

Eco-Friendly Power Shift: Packaging Company WestRock Inks Renewable Energy Deal With ENGIE

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On Wednesday, shares of Engie (OTC: ENGIY) experienced volatile short activity. After the activity, the stock price went up +1.74% to $15.2.

The overall sentiment for ENGIY has been Bullish.

Short Volatility Alert: Engie

Engie SA

MicroStrategy co-founder and executive chairman Michael Saylor said Monday that the incoming Donald Trump administration was serious about setting up a U.S. strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve.&nbsp;
What happened: During a CNBC <a href="https://www.cnbc.com/video/2024/12/16/watch-cnbcs-full-interview-with-microstrategy-ceo-michael-saylor.html">interview</a>, Saylor stressed the importance of "buying the future" if one knows where the money is going.
"All the capital outside the U.S. and all the 20th-century antiquated capital is going to flow into digital assets and the Bitcoin network," the Bitcoin bull said. "The logical thing for the U.S. is to buy it now and own the future."
He added that the government could buy as much as 20–25% of the Bitcoin network by selling its gold reserves or by borrowing a "small" amount of money.
"The Bitcoin network is going to go up by a factor of 100. You might as well buy it before ."
Saylor also urged the incoming administration to take the lead in establishing a digital assets framework, outlining clear definitions of different entities and fixing the responsibilities of participants.
See Also:<a href="https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today"> If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here&#8217;s How Much You&#8217;d Have Today</a>
Why It Matters: Saylor's remarks come amid reports of President-elect Trump exploring the possibility of <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve">issuing an executive order to create</a> a strategic Bitcoin reserve.
Last week, he also pledged to <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42480856/donald-trump-pledges-to-do-something-great-with-crypto-heres-what-hes-done-so-far">"do something great with crypto</a>" when queried about plans for a national Bitcoin stockpile.
A bill has already been proposed by Sen. Cynthia Lummis (R-Wy.), called the BITCOIN Act, to <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42080839/cynthia-lummis-says-strategic-bitcoin-reserve-could-take-shape-soon-after-trump-raises-his-hand-and-is-sworn-in">create a strategic reserve in Bitcoin</a> to support America's balance sheet and address its mounting debt, which topped $36 trillion this year.
The bill outlines a program to purchase 1 million BTCs, about 5% of Bitcoin's total supply, over a period of five years, with a minimum holding period of 20 years.
The purchase of this proportion could give further impetus to Bitcoin, already on a record-breaking run. This could in turn impart more volatility to MicroStrategy stock, which is a <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41567772/ahead-of-mag-7-earnings-season-michael-saylor-celebrates-bitcoin-proxy-microstrategys-reco">de facto Bitcoin proxy.</a>
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $106,604.85, up 1.80% 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;
<ul>
<li><a href="https://www.benzinga.com/personal-finance/financial-advisors/24/12/42517262/most-crypto-foward-ria-slams-bitcoin-forecasts-from-michael-saylor-others-disvalues-it-to-me">&#8216;Most Crypto-Foward&#8217; RIA Slams Bitcoin Forecasts From Michael Saylor, Others: &#8216;Disvalues It To Me&#8217;</a></li>
</ul>

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

Cryptocurrency

$BTC

Trump Serious About Bitcoin Reserve, Says MicroStrategy's Michael Saylor: 'Buy It Now And Own The Future'

Wedbush Securities analyst Dan Ives predicts a major tech sector expansion driven by artificial intelligence and deregulation under President-elect Donald Trump&#8216;s administration, forecasting the Nasdaq could reach 25,000 within 18 months.
What Happened: Speaking on CNBC&#8217;s &#8220;Closing Bell,&#8221; Ives <a href="https://www.youtube.com/watch?v=Q_u-8ZGNwwA">described</a> Trump&#8217;s incoming administration as a &#8220;Goldilocks scenario&#8221; for tech companies, citing expected regulatory relief from agencies including the Federal Trade Commission.
&#8220;Let&#8217;s get the popcorn out for what will be the AI revolution,&#8221; Ives said, emphasizing that the sector&#8217;s current surge is &#8220;just getting started.&#8221; He explained that AI&#8217;s multiplier effect is spreading across the technology landscape, impacting everything from software to cybersecurity infrastructure.
The analyst expects 80% to 90% of regulatory concerns to diminish under Trump, though some Department of Justice antitrust investigations into companies like Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) will continue.
See Also: <a href="https://www.benzinga.com/general/social-media/24/12/42522280/meta-arrives-at-32-million-settlement-with-australia-over-cambridge-analytica-privacy-breach-privacy-commissioner-labels-it-largest-ever-payment">Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It &#8216;Largest Ever Payment&#8217;</a>
Why It Matters: Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) stands to gain the most through mergers and acquisitions, according to Ives, while Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) emerges as the &#8220;biggest winner at the top of the mountain,&#8221; partly due to CEO Elon Musk&#8216;s early alignment with Trump.
Addressing current tech adoption, Ives noted that only 45% of workloads currently operate in cloud environments, predicting a dramatic increase as more AI use cases emerge. &#8220;It&#8217;s 10:00 p.m. in the AI party, and now the velvet ropes are open,&#8221; he said.
The forecast comes as multiple tech CEOs plan meetings with the president-elect in Palm Beach, signaling potentially closer cooperation between Silicon Valley and the incoming administration.
In January, Ives predicted that the <a href="https://www.benzinga.com/markets/equities/24/01/36445586/wedbushs-dan-ives-says-tech-stocks-will-be-up-25-in-2024-predicts-nasdaq-at-20k">Nasdaq would reach the 20,000 mark in 2024</a>, and his forecast has proven accurate, with the index now trading at 20,173.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/12/42522048/jim-cramer-warns-nvidias-vicious-and-fast-reversal-is-coming-amid-174-surge-this-year-and-china-antitrust-probe">Jim Cramer Warns Nvidia&#8217;s &#8216;Vicious&#8217; And &#8216;Fast&#8217; Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

AMZN

GOOG

GOOGL

MSFT

TSLA

Tesla Will Be The 'Biggest Winner' In The Trump Era, Says Dan Ives; Predicts Nasdaq At 25,000 In 18 Months: 'Get the Popcorn Out'

Influential economist&nbsp;Peter Schiff&nbsp;called Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) the biggest bubble ever on Monday, surpassing even the dot-com bubble of the late 1990s.
What Happened:&nbsp;Schiff, a staunch Bitcoin critic, expressed his views on the soaring valuation of the world&#8217;s leading cryptocurrency. He noted that the market capitalization of Bitcoin was over $2 trillion, which is higher than the combined market of around 400 dot-com companies at their peak before they went bankrupt. 
&#8220;Congratulations, Bitcoiners, on blowing the&nbsp;biggest bubble ever!&#8221; Schiff jabbed Bitcoin investors.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">About 400 publicly traded dot-com companies went bankrupt when the bubble popped. At their peak, those 400 companies had a market cap of $1.7 trillion. The current market cap of <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> alone now exceeds $2 trillion. Congratulations Bitcoiners on blowing the biggest bubble ever!
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1868720110451773680?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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As is well known, the <a href="https://www.benzinga.com/topic/dot-com-bubble">dot-com bubble</a>&nbsp;was a period of rapid growth in U.S. technology stock equity valuations in the late 1990s, eventually bursting between 2001 and 2002. Several of the most hyped tech companies ended up going bankrupt, such as Pets.com, 360networks, and eToys.com, while the likes of Microsoft and Amazon weathered the storm.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42515771/blockchain-guardians-marathon-digital-vp-other-industry-leaders-push-for-transparency-in-custody">Blockchain Guardians: Marathon Digital VP, Other Industry Leaders Push For Transparency In Custody</a>
This isn&#8217;t the first time Schiff has expressed skepticism about Bitcoin. He has previously dismissed Bitcoin&#8217;s bull run as a &#8220;popular delusion&#8221; and &#8220;madness of crowds,&#8221; warning that the losses when the bubble pops will be &#8220;staggering.&#8221;
Why It Matters:&nbsp;This isn&#8217;t the first time Schiff has expressed skepticism about Bitcoin. He has previously d<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41891221/peter-schiff-says-he-would-have-loaded-up-on-bitcoin-had-he-known-that-the-btc-bubble-would-get-this-big">ismissed Bitcoin&#8217;s bull run as a &#8220;popular delusion&#8221;</a> and &#8220;madness of crowds,&#8221; warning that the losses when the bubble pops will be &#8220;staggering.&#8221;
But Schiff isn&#8217;t the only one to draw the cryptocurrency market&#8217;s bull run with the dot-com bubble.
Late Charlie Munger, a legendary investor and partner to Warren Buffett, <a href="https://www.benzinga.com/markets/cryptocurrency/22/07/28043520/charlie-munger-says-to-avoid-crypto-like-an-open-sewer">compared the cryptocurrency market to the dot-com bubble </a>of the late 1990s, calling it a &#8220;mass folly.&#8221;
Price Action:  At the time of writing, Bitcoin was exchanging hands at $106,567.30, up 1.37% 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>.
Image via Flickr/ Gage Skidmore
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/24/12/42516240/the-doors-have-been-blown-off-how-bitcoin-etfs-are-reshaping-investment-strategies">Bitcoin ETFs Drive Institutional Adoption, Expand Market Liquidity</a></li>
</ul>

Bitcoin Bubble Bigger Than The Dot-Com Era As Apex Crypto's Valuation Tops $2 Trillion: Peter Schiff

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has agreed to a settlement of AU$50 million ($31.85 million) with Australia&#8217;s Information Commissioner over privacy violations linked to the Cambridge Analytica scandal on Monday.
The enforceable undertaking resolves civil proceedings, allowing eligible Australian Facebook users to seek compensation through a structured payment program.
The case alleged breaches of the Privacy Act 1988 after user data was improperly shared via the "This Is Your Digital Life" app. Privacy Commissioner Elizabeth Tydd called it "the largest ever payment addressing privacy concerns in Australia," emphasizing accountability for global corporations.
The payment program is expected to open by mid-2025.
Price Action: Meta stock closed at $624.24 on Monday, up 0.71% for the day. In after-hours trading, the stock dipped 0.038%. Year to date, Meta has surged 80.27%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42519371/broadcom-mounts-strongest-2-day-rally-since-ipo-leveraged-etf-nearly-doubles-in-2-sessions">Broadcom Mounts Strongest 2-Day Rally Since IPO: Leveraged ETF Nearly Doubles In 2 Sessions</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It 'Largest Ever Payment'

On Monday, President-elect Donald Trump reportedly met with TikTok CEO Shou Zi Chew at Mar-a-Lago, Florida, as the company seeks intervention from the U.S. Supreme Court to prevent a looming ban.
What Happened: TikTok has requested the U.S. Supreme Court to halt a law that could ban the app by Jan. 19.
Taking to X, formerly Twitter, the TikTok Policy account said that the Supreme Court has a strong history of protecting Americans&#8217; right to free speech.
&#8220;We are asking the Court to do what it has traditionally done in free speech cases: apply the most rigorous scrutiny to speech bans and conclude that it violates the First Amendment.&#8221;
The post also highlighted the potential economic impact, estimating significant revenue losses for small businesses and creators if the app is banned.
See Also: <a href="https://www.benzinga.com/tech/24/12/42383967/how-to-use-apple-watch-as-a-digital-key-for-your-tesla-car?itm_source=parsely-api">How To Use Apple Watch As A Digital Key For Your Tesla Car</a>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Statement on Filing Application for Emergency Injunction Pending Appeal with the Supreme Court: &quot;&quot;The Supreme Court has an established record of upholding Americans' right to free speech. Today, we are asking the Court to do what it has traditionally done in free speech cases:…
&mdash; TikTok Policy (@TikTokPolicy) <a href="https://twitter.com/TikTokPolicy/status/1868754443703140757?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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On the same day, Trump, who previously attempted to ban TikTok during his presidency, expressed a favorable view of the app, noting its popularity among young voters.
&#8220;We'll take a look at TikTok,&#8221; he said, adding, &#8220;You know, I have a warm spot in my heart for TikTok.&#8221; His meeting with the TikTok CEO was <a href="https://www.cnbc.com/2024/12/16/tiktok-asks-supreme-court-to-block-us-ban-pending-appeal.html">confirmed</a> by NBC News.
TikTok and Trump's transition team did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: The law in question, the Protecting Americans from Foreign Adversary Controlled Applications Act, mandates ByteDance to sell TikTok or <a href="https://www.benzinga.com/24/12/42495579/lawmakers-demand-apple-and-google-remove-tiktok-by-jan-19-what-you-need-to-know">face removal from</a> Google and Apple platforms in the U.S.
The U.S. Court of Appeals in Washington, D.C., earlier this month <a href="https://www.benzinga.com/24/12/42369266/meta-reddit-stocks-climb-record-highs-as-tiktoks-battle-against-us-ban-continues-after-court-ruling">upheld this law</a>, citing national security concerns.
The potential ban on TikTok, set to take effect on January 19, 2025, could have far-reaching consequences for the U.S. economy.
The ban could disrupt the operations of <a href="https://www.benzinga.com/startups/24/12/42496518/tiktok-ban-signed-into-law-what-it-means-for-americas-15-billion-small-business-economy">approximately seven million small</a> and medium-sized businesses that rely on the platform for revenue and brand growth.
With TikTok&#8217;s potential exit, users may <a href="https://www.benzinga.com/24/12/42512436/tiktok-ban-could-lead-to-more-time-spent-on-youtube-reddit-snapchat">shift their attention</a> to other platforms like YouTube, Reddit, and Snapchat.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42495714/tim-cook-dines-with-donald-trump-at-mar-a-lago-to-strengthen-apples-position-as-zuckerberg-and-pichai-repair-ties-and-jeff-bezos-prepares-for-his-turn-report?itm_source=parsely-api">Tim Cook Dines With Donald Trump At Mar-a-Lago To Strengthen Apple&#8217;s Position As Zuckerberg And Pichai Repair Ties, While Jeff Bezos Prepares For His Turn: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Media

Trump Meets TikTok CEO Shou Zi Chew At Mar-A-Lago As Platform Urges Supreme Court To Block Looming Ban

Leading cryptocurrencies simmered down Monday after a smashing rally even as speculations around a U.S. strategic Bitcoin reserve gathered steam.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.10%</td>
<td>$106,072.58</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.69%</td>
<td>$3,966.41</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.74%</td>
<td>$0.4009</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The world&#8217;s largest cryptocurrency broke beyond $107,000 for the first time this afternoon before profit-taking brought it back to $105,000, with a modest increase to $106,000 by evening.
The sentiment was upbeat following reports that President-elect Donald Trump <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve">might pass an executive order</a> to create a national Bitcoin stockpile.
Bitcoin was already up 9.11% in December, higher than the historical <a href="https://www.coinglass.com/today">average </a>of 5.75%, per Coinglass data.
A similar pattern followed for Ethereum, which failed to decisively break over $4,000 and fell to the upper $3,900 range.
In the past 24 hours, 119,098 traders were liquidated, with the total liquidations at $371.44 million. Longs accounted for 60% of the liquidations.
Over 61% of traders on Binance with open Bitcoin futures positions were short, as per the Long/Short Ratio, suggesting expectations of a pullback.
A rally to $110,000 would wipe out over $500 million worth of short positions, data showed.&nbsp;
The bearish positioning could be due to the "Extreme Greed" sentiment in the market, per the Cryptocurrency Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
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<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitget Token (BGB)</td>
<td>+10.80%</td>
<td>$3.44</td>
</tr>
<tr>
<td>Virtuals Protocol (VIRTUAL)</td>
<td>+10.07%</td>
<td>$2.98</td>
</tr>
<tr>
<td>THORChain (RUNE)</td>
<td>+7.63%</td>
<td>$6.95</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.71 trillion, following a marginal increase of 0.11% over the last 24 hours.
Stocks were a mixed bag on Monday. The Dow Jones Industrial Average fell for the eighth consecutive day, dropping 110.58 points, or 0.25%, to close at 43,717.48. The S&amp;P 500 rose 0.38% to 6,074.08, while the Nasdaq Composite surged 1.24% to close at a record high of 20,173.89.
The tech surge was powered by the "Mag 7" stocks, as Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) notched their all-time highs during the session.
The rally came just ahead of the Federal Open Market Committee's two-day meeting to decide on the <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">benchmark interest rates</a>. Market participants have priced in a 95% chance of a 25 basis point cut from the current target range of 450-475, according to the CME FedWatch tool.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Well-known cryptocurrency analyst Ali Martinez sent a cautionary note to investors amid Bitcoin's upsurge.
"I'm holding tight to my HODL bag, but my trading account is 30% cash as market sentiment around Bitcoin hits &#8216;extreme greed&#8217;—a cautionary red flag," the analyst remarked.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I'm holding tight to my HODL bag, but my trading account is 30% cash as market sentiment around <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> hits &#39;extreme greed&#39;—a cautionary red flag. Some altcoins are retracing and triggering my buy orders, but I'm aiming to keep at least 20% cash on hand for flexibility. <a href="https://t.co/915IUEqnC4">pic.twitter.com/915IUEqnC4</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1868654253742620723?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Another widely followed analyst, Michaël van de Poppe, foresaw a "ton of volatility" in the market due to the upcoming Fed meeting.
"I won&#8217;t be surprised we&#8217;ll see $110,000 and $95,000 in the same week," Van de Poppe made his predictions.
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">New all-time high for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> and a liquidity sweep for <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>. FED Meeting around the corner, which is likely going to bring a ton of volatility into the markets. I won&#39;t be surprised we&#39;ll see $110K and $95K in the same week.
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1868737314366816596?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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</figure>
Image via Shutterstock
Read Next:    
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<li><a href="https://www.benzinga.com/personal-finance/financial-advisors/24/12/42517262/most-crypto-foward-ria-slams-bitcoin-forecasts-from-michael-saylor-others-disvalues-it-to-me">&#8216;Most Crypto-Foward&#8217; RIA Slams Bitcoin Forecasts From Michael Saylor, Others: &#8216;Disvalues It To Me&#8217;</a></li>
</ul>

Movers

$DOGE

$ETH

Bitcoin, Ethereum, Dogecoin Settle Down Amid Growing Talks Of A Strategic BTC Reserve: Top Analyst Sees Prospect Of Apex Crypto Hitting $110K This Week

Jim Cramer cautioned investors about Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) on Monday, predicting a potential market correction for the semiconductor giant that has seen its value surge 174% this year.
What Happened: &#8220;Still no crescendo moment in Nvidia. It will happen, just not yet&#8230;.the reversal will be vicious though&#8230;.and fast,&#8221; CNBC&#8217;s Cramer wrote on X, formerly Twitter, as the stock declined 1.68% to close at $132.00.
<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">Still no crescendo moment in Nvidia. It will happen, just not yet&#8230;.the reversal will be vicious though&#8230;.and fast
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1868721912303829094?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
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The warning comes as Nvidia faces heightened scrutiny in China, where authorities launched an antitrust investigation last week into the company&#8217;s 2020 acquisition of Mellanox Technologies. 
The probe examines <a href="https://www.benzinga.com/news/legal/24/12/42404352/nvidia-china-antitrust-probe-may-remain-unsolved-in-near-term-says-top-analyst-investors-should-be-prepared-for-increased-scrutiny">potential anti-competitive practices</a>, including whether Nvidia limits competition by bundling its AI chips with Mellanox&#8217;s NVLink technology.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42519371/broadcom-mounts-strongest-2-day-rally-since-ipo-leveraged-etf-nearly-doubles-in-2-sessions">Broadcom Mounts Strongest 2-Day Rally Since IPO: Leveraged ETF Nearly Doubles In 2 Sessions</a>
Why It Matters: TF Securities analyst Ming-Chi Kuo expects the investigation to remain unresolved in the near term, drawing parallels to Qualcomm Inc.&#8216;s 15-month <a href="https://www.benzinga.com/news/legal/24/12/42404352/nvidia-china-antitrust-probe-may-remain-unsolved-in-near-term-says-top-analyst-investors-should-be-prepared-for-increased-scrutiny">antitrust case in China</a>. 
While China represents only 5% of Nvidia&#8217;s data center revenue, Kuo advised investors to prepare for increased regulatory scrutiny of Nvidia&#8217;s practices, including its CUDA platform.
The investigation emerges as Nvidia maintains its dominance in the AI chip market, recently reporting third-quarter revenue of $35.1 billion, a 94% year-over-year increase. With a market capitalization of $3.21 trillion, Nvidia stands as one of the world&#8217;s most valuable companies, trading at a price-to-earnings ratio of 53.
Wall Street maintains a bullish outlook, with 40 analysts setting an average price target of $170.56. Rosenblatt Securities leads with the highest target of $220, while New Street Research projects a low of $120, according to <a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">data from Benzinga Pro</a>.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16202324/Screenshot-2024-12-17-at-6.52.32%E2%80%AFAM-1024x374.png" alt="" class="wp-image-694905" style="width:808px;height:auto" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42516901/bitcoin-hits-new-all-time-above-107000-ethereum-xrp-dogecoin-follow-higher-as-traders-target-115000-and-more">Bitcoin Hits New All-Time High Above $107,000, Ethereum, XRP, Dogecoin Make Gains As Traders Target $115,000 And More</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

NVDA

Jim Cramer Warns Nvidia's 'Vicious' And 'Fast' Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe

The Dow Jones ended Monday down 0.25%, while the Nasdaq climbed 1.2% to finish in the green. The S&amp;P 500 also posted gains, rising nearly 0.4%. The S&amp;P 500 also ended in positive territory gaining almost 0.4%. The Fed was <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">expected to cut rates by 25 basis points</a> on Wednesday, marking its third consecutive reduction, but recent inflation data complicated its future policy path. Traders braced for hawkish signals from updated projections, with a slower pace of rate cuts and upward revisions likely, potentially impacting growth, jobs, and markets.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Red Cat Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>)
Red Cat Holdings experienced a significant rise of 26.97%, closing at $10.45. The stock reached an intraday high of $11.33 and a low of $8.90, with a 52-week range between $12.57 and $0.56. The drone technology company reported <a href="https://www.benzinga.com/news/earnings/24/12/42519151/red-cat-holdings-q2-earnings-revenue-eps-miss-estimates-as-drone-company-prioritizes-long-term-growth-over-short-term-sales">second-quarter earnings</a> that fell short of expectations, with revenue at $1.53 million against an anticipated $4.13 million. CEO Jeff Thompson emphasized the company&#8217;s focus on the Black Widow project, aiming for success in the SRR final production contract.
IonQ, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>)
IonQ&#8217;s stock surged by 23.19%, closing at $41.81, with an intraday high of $42.81 and a low of $32.39. The stock&#8217;s 52-week range is from $42.81 to $6.22. The company showcased its ion trap technology, a key component of its quantum computers, and announced several&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/24/12/42516580/ionq-quantum-computing-and-rigetti-computing-shares-are-soaring-monday-whats-going-on">notable contracts</a>, including a $54.5 million deal with the U.S. Air Force Research Lab, boosting investor confidence.
Broadcom Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)
Broadcom&#8217;s shares increased by 11.21%, closing at $250. The stock hit an intraday high of $251.88 and a low of $230.81, with a 52-week range from $251.88 to $104.15. The company continues to gain momentum following its <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42513348/whats-going-on-with-broadcom-shares-monday">fourth-quarter earnings report</a>, which showed adjusted earnings per share of $1.42, surpassing analyst expectations. Despite missing revenue estimates, Broadcom&#8217;s quarterly revenue rose by 51% compared to the previous year, driving investor interest in the stock.
NVIDIA Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
NVIDIA&#8217;s stock fell by 1.68%, closing at $132. The stock&#8217;s intraday high was $134.40, with a low of $130.42, and a 52-week range between $152.89 and $47.32. The company recently announced a <a href="https://www.benzinga.com/content/42503019/olympian-motors-and-nvidia-collaborate-to-deliver-the-first-open-modular-ev-platform">collaboration</a> with Olympian Motors to deliver the first open, modular EV platform.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 6.14%, closing at $463.02. The stock reached an intraday high of $463.19 and a low of $436.15, with a 52-week range from $463.19 to $138.80. The Elon Musk-led company faced production challenges with its Cybertruck, as production rates were reduced even before a recent manufacturing pause. Researcher Troy Teslike noted that Tesla produced 30,582 Cybertrucks by the end of the third quarter of 2024, with 21,450 delivered, leaving a significant inventory. The production pause suggests potential <a href="https://www.benzinga.com/24/12/42501487/cybertruck-production-rate-was-reduced-even-before-decembers-production-pause-says-tesla-researcher">demand challenges</a> for the vehicle.
Image via Shutterstock
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next:
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<li> <a href="https://www.benzinga.com/markets/24/12/42511333/joe-rogan-shrugs-off-the-idea-of-a-perfect-city-but-peter-thiel-names-two-paradoxical-u-s-cities-that-stand-out">Joe Rogan Shrugs Off The Idea Of A Perfect City, But Peter Thiel Names Two &#8216;Paradoxical&#8217; U.S. Cities That Stand Out</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

IONQ

RCAT

Red Cat Holdings, Ionq, Broadcom, NVIDIA, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

XXII

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

A New York judge has confirmed the guilty verdict in the hush money case involving President-elect Donald Trump, despite ongoing discussions about presidential immunity.
What Happened: Judge Juan Merchan endorsed the jury&#8217;s decision on Thursday, marking Trump as a felon. This ruling follows Trump&#8217;s recent electoral triumph over Vice President Kamala Harris. The judge has not yet made a decision on Trump&#8217;s request to dismiss the case entirely, given his president-elect status, <a href="https://thehill.com/regulation/court-battles/5043247-trump-hush-money-conviction-uphold/">reported</a> The Hill.
Trump&#8217;s legal team maintained that the evidence presented during his seven-week trial was shielded by the Supreme Court&#8217;s presidential immunity doctrine. This doctrine asserts that former presidents have total&nbsp;immunity from criminal prosecution for&nbsp;exercising core constitutional powers and&nbsp;presumptive immunity for other official&nbsp;acts.
Manhattan District Attorney&nbsp;Alvin Bragg&nbsp;refuted these claims, stating that no evidence presented to the jury was protected. He further contended that&nbsp;even if it was, it&nbsp;was inconsequential compared to the &#8220;overwhelming evidence of defendant&#8217;s guilt.&#8221;
Trump was found guilty on 34 counts of falsifying business records related to a $130,000 hush money payment to adult film actress Stormy Daniels before the 2016 presidential election. Prosecutors portrayed this as an attempt to unlawfully influence the election&#8217;s outcome.
The judge&#8217;s decision on whether to halt the proceedings during Trump&#8217;s term is still pending. Meanwhile, Trump&#8217;s other criminal proceedings have not been as successful following his presidential win.
See Also: <a href="https://www.benzinga.com/politics/24/12/42511472/trump-hits-7-year-high-in-favorability-ratings-how-republicans-democrats-men-and-women-view-president-elect?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Hits 7-Year High In Favorability Ratings: How Republicans, Democrats, Men And Women View President-Elect</a>
Why It Matters: The Supreme Court had <a href="https://www.benzinga.com/general/politics/24/07/39577351/trump-granted-partial-immunity-by-supreme-court-ruling-says-the-president-is-not-above-the-law-d">previously ruled</a> that Trump and former presidents are entitled to immunity for acts within their Constitutional authority while in office, but not unofficial acts.
Trump&#8217;s <a href="https://www.benzinga.com/news/24/09/40699789/judge-rejects-trumps-attempt-to-move-hush-money-trial-to-federal-court-citing-lack-of-good-cause">attempt to move</a> his hush money criminal case to federal court was denied due to a lack of &#8220;good cause&#8221;, according to a previous report. The <a href="https://www.benzinga.com/general/politics/24/09/40754802/trump-hush-money-sentencing-will-now-take-place-after-2024-election-to-avoid-any-appearance-to-a">sentencing</a> for Trump&#8217;s hush money trial was postponed until after the 2024 presidential election to avoid any potential influence on the election. 
Image via Shutterstock
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

Trump's Hush Money Conviction Upheld Amid Presidential Immunity Controversy — Alvin Bragg Says 'Overwhelming' Evidence Of Guilt

Billionaire Elon Musk has watched his wealth soar this year, especially after the 2024 presidential election, thanks to soaring valuations for SpaceX and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), two companies that could benefit from the next <a href="https://www.benzinga.com/news/management/24/12/42444955/elon-musk-first-person-worth-400-billion-as-tesla-stock-hits-new-all-time-highs-how-2024-election-helped-could-lead-to-future-gains">White House administration.</a>
What Happened: Musk added $226 billion to his wealth in 2024, with the majority of gains happening after Donald Trump won <a href="https://www.benzinga.com/markets/equities/24/11/41813356/elon-musks-net-worth-soars-by-26-5-billion-in-single-day-after-tesla-stock-surges-post-trump-vic">the 2024 election.</a>
Musk endorsed Trump in the 2024 election, donated to his campaign, and even campaigned for him in the key swing state of Pennsylvania. The efforts paid off for Musk's wealth, which stands at $455 billion at the time of writing, as reported by <a href="https://www.bloomberg.com/billionaires/">Bloomberg</a>.
With Musk reaching the historic $400 billion wealth milestone, he has more money than the valuation of every single Major League Baseball, National Basketball Association, National Football League and National Hockey League team combined.
Forbes shows the New York Yankees as the highest-valued <a href="https://www.forbes.com/lists/mlb-valuations/">MLB </a>team at $7.55 billion and the average team worth $2.4 billion.
<a href="https://www.forbes.com/sites/justinteitelbaum/2024/10/24/the-most-valuable-nba-teams-2024/">NBA </a>teams have an average value of $4.4 billion, led by the Golden State Warriors at $8.8 billion and every team worth at least $3 billion. The New York Knicks, which are owned by publicly traded Madison Square Garden Sports Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSGS#NYSE">MSGS</a>), rank second with a valuation of $7.5 billion, as reported by Forbes.
The <a href="https://www.forbes.com/sites/justinteitelbaum/2024/08/29/the-nfls-most-valuable-teams-2024/">NFL </a>teams have the highest valuation with the Dallas Cowboys ranking first at $10.1 billion, the first team valued at more than $10 billion. The lowest team is worth $4.1 billion and the average sits at $5.7 billion.
<a href="https://www.forbes.com/lists/nhl-valuations/">NHL </a>teams rank last of the four major North American sports leagues with an average team valuation of $1.33 billion. The highest-ranked team is the Toronto Maple Leafs valued at $2.8 billion and the lowest team ranked at $500 million. The New York Rangers, who are also owned by Madison Square Garden Sports, rank second at $2.65 billion.
Here are the total amounts across the leagues:
<ul>
<li>MLB: $73.66 billion</li>
<li>NBA: $135.50 billion</li>
<li>NFL: $181.95 billion</li>
<li>NHL: $42.46 billion</li>
<li>Total: $433.57 billion</li>
</ul>
Based on the current team valuations of the teams, Musk could buy all the teams for $433.57 billion and still have $21.43 billion left over.
You may not be a billionaire like Mark Cuban, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/general/social-media/24/12/42490690/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five stocks flying under the radar that deserve your attention.</a>
Why It's Important: This valuation exercise is of course hypothetical as no one can own multiple teams in any sport and there are also rules in place across some leagues for ownership of teams in other leagues.
That means Tesla shareholders can breathe a sigh of relief. While Musk is worth $455 billion, the majority of his wealth comes from ownership stakes in the companies he leads, including SpaceX and Tesla.
To fund a <a href="https://www.benzinga.com/news/23/04/31810229/elon-musk-bought-twitter-1-year-ago-a-look-back-at-whats-happened-since-and-what-could-be-next">$44 billion buyout </a>of Twitter, which is now known as X, Musk had to sell portions of his Tesla stock. The move, known to analysts and investors as the Twitter overhang, led to Tesla shares trading down as worries of more sales continued to beat shares down during the buyout process.
Musk also has not expressed interest in owning a sports team in MLB, NBA, NFL or the NHL over the years. The world's richest man<a href="https://www.benzinga.com/news/23/02/30909752/wait-is-elon-musk-considering-a-manchester-united-bid-after-all"> did joke about buying</a> publicly traded soccer team Manchester United (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) previously, but nothing came of the comments.
Billionaires have bought sports teams over the years. Others have become billionaires thanks to their ownership of professional sports teams. Amazon founder Jeff Bezos has been <a href="https://www.benzinga.com/general/sports/24/08/40607642/jeff-bezos-could-have-competition-if-he-wants-the-nfls-seattle-seahawks-private-equity-investments">reported to have an interest </a>in owning an NFL team in the future.
Sports teams have seen values rise over the years thanks to increased ticket prices, advertising opportunities and huge media rights deals.
While Musk&#8217;s wealth is already up significantly in 2024, it could increase further in the coming years. Musk could benefit from the new White House administration, which could eliminate EV tax credits that would hurt Tesla competitors.
There is also optimism that the new administration&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42046316/trump-set-to-hand-musk-golden-path-for-tesla-after-reversing-course-on-autonomous-vehicle-ban" target="_blank" rel="noreferrer noopener">could support regulation</a>&nbsp;for self-driving vehicles such as the Tesla robotaxi, reversing course on Trump&#8217;s<a href="https://www.benzinga.com/general/politics/24/10/41298125/maybe-musk-missed-the-memo-trumps-plan-to-ban-autonomous-vehicles-could-sour-friendship" target="_blank" rel="noreferrer noopener">&nbsp;previous plan to ban&nbsp;</a>autonomous vehicles.
One item that could dent Musk&#8217;s wealth is the pending case against his 2018 Tesla pay compensation plan. A Delaware judge&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42279851/elon-musk-56b-pay-package-rejected-by-judge-again-tesla-analyst-says-a-soap-opera-playing-out-in-delaware" target="_blank" rel="noreferrer noopener">struck down the plan again</a>, despite shareholder approval, but Tesla said it will appeal the decision. Without the pay package, Musk would still be the world&#8217;s richest person, but not at such a high level.
Read Next: 
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<li><a href="https://www.benzinga.com/24/12/42472121/miami-dolphins-nfl-fans-can-own-part-of-team-thanks-to-this-public-company">Miami Dolphins, NFL Fans Can Own Part Of Team Thanks To This Public Company</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Photos: Shutterstock

Sports

Management

MANU

MSGS

Elon Musk Is So Rich He Could Buy Every MLB, NBA, NFL, NHL Team And Still Have Cash Left Over

University of Colorado football star Travis Hunter took home the Heisman Trophy Saturday night, adding to his rare pathway to the NFL that included turning down Division I schools to play for Deion Sanders at <a href="https://www.benzinga.com/news/21/12/24631543/how-deion-sanders-and-the-nations-top-high-school-recruit-are-shaking-up-college-football">Football Championship Subdivision school Jackson State University.</a>
What Happened: With Hunter a Heisman Trophy winner and a rare two-way threat playing both cornerback and wide receiver, attention will now shift to how high he could get drafted in the 2025 NFL Draft and if he can break a<a href="https://www.benzinga.com/general/sports-betting/24/04/38501129/2024-nfl-draft-recap-quarterbacks-wide-receivers-detroit-set-records-who-will-win-rookie-o"> recent string of preference</a> to take quarterbacks first overall.
In the 2024 NFL Draft, six quarterbacks were selected in the first round setting records for the position. Among the draft picks were quarterbacks Caleb Williams and Jayden Daniels at first and second overall, who won the Heisman Trophy in 2022 and 2023, respectively.
Here are the most recent Heisman Trophy winners and their NFL Draft positions:
<ul>
<li>2023: Jayden Daniels, Quarterback, 2nd overall</li>
<li>2022: Caleb Williams, Quarterback, 1st overall</li>
<li>2021: Bryce Young, Quarterback, 1st overall</li>
<li>2020: DeVonta Smith, Wide receiver: 10th overall</li>
<li>2019: Joe Burrow, Quarterback, 1st overall</li>
<li>2018: Kyler Murray, Quarterback, 1st overall</li>
<li>2017: Baker Mayfield, Quarterback, 1st overall</li>
<li>2016: Lamar Jackson, Quarterback, 32nd overall</li>
<li>2015: Derrick Henry, Running back, 45th overall</li>
<li>2014: Marcus Mariota, Quarterback, 2nd overall</li>
<li>2013: Jameis Winston, Quarterback, 1st overall</li>
</ul>
The list shows the Heisman Trophy is often won by a quarterback with the position taking home the honors in nine of the past 11 years. In the past 11 years, six of the Heisman Trophy winners have gone first overall in a future NFL Draft.
No non-quarterback Heisman Trophy winner has gone first overall in the NFL Draft since running back Bo Jackson in 1985, according to the <a href="https://www.ncaa.com/news/football/article/2024-04-25/every-heisman-winner-be-selected-no-1-overall-nfl-draft">NCAA</a>. Of the 25 Heisman Trophy winners who have gone first overall, all have been listed as a quarterback, running back or tight end. 
Also keep in mind that the last time a wide receiver went first overall was 1996 and the last time a defensive back went first overall was 1956, with a preference for quarterbacks, defensive ends and offensive linemen in recent years.
Hunter as a wide receiver and cornerback would set some new firsts if he goes first overall. This could be why he's the current second favorite on sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) to go first overall at odds of +350. Listed ahead of Hunter is his teammate, Colorado quarterback Shedeur Sanders at odds of -120.
Trailing the two Colorado teammates is Miami quarterback Cam Ward, who was also a Heisman Trophy finalist, at odds of +400. No other player has odds lower than +2500. This means these three are the high favorites of going first overall, but right now it could be anyone's game of who will go first overall and likely will depend on which team secures the first overall pick.
Read Also: <a href="https://www.benzinga.com/general/gaming/24/02/37292071/game-on-or-sellout-this-is-how-much-ea-sports-offers-college-football-players-for-their-likeness" target="_blank" rel="noreferrer noopener">Game On Or Sellout? This Is How Much EA Sports Offers College Football Players For Their Likeness</a>
What's Next: One of the big questions for whoever drafts Hunter will be which position they want him to play in the NFL or if he will play both. During this season, Hunter <a href="https://x.com/PFF_College/status/1866945539801223417">had </a>709 offensive snaps and 713 defensive snaps, averaging 118 per game, significantly higher than anyone else in NCAA Football Division I.
Fox Sports analyst Jay Glazer <a href="https://x.com/JayGlazer/status/1868731686932078974">said </a>Sunday that he polled 13 NFL coaches and GMs asking about Hunter, with 12 saying they would play the Heisman winner primarily at CB with some offensive packages. The lone person who said wide receiver said the elite ball skills made the position the one Hunter should play. The 12 who picked cornerback also acknowledged elite ball skills and said a shutdown cornerback is harder to find.
The 2025 NFL Draft will be held in Green Bay, Wisconsin, with the first round happening on April 24 with Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) airing coverage on ABC and ESPN.
Colorado takes on Brigham Young University in the Alamo Bowl on Dec. 28 at 7:30 p.m. in a game that will air on ABC. Hunter indicated Monday that he plans to play in the game. Some players leaving for college sit out bowl games. This would mean NFL scouts, coaches and general managers could get another look at the rare two-way star ahead of the NFL Draft.
Hunter going high in the NFL Draft and succeeding at the next level could be big for Adidas AG &#8211; ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ADDYY#OTC">ADDYY</a>), which <a href="https://news.adidas.com/american-football/adidas-welcomes-collegiate-superstar-travis-hunter-to-the-three-stripes--expanding-its-next-gen-athl/s/a02057f4-e796-426e-84c7-ac2ae40dfc66">signed </a>the NCAA star to its growing roster of NFL players.
Read Next: 
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<li><a href="https://www.benzinga.com/news/23/05/32532826/tim-tebow-turned-down-1-million-commercial-for-a-1-chance-to-play-in-nfl-a-lesson-in-passion-and-sac">Tim Tebow Turned Down $1 Million Commercial For A 1% Chance To Play In NFL: A Lesson In Passion And Sacrifice</a></li>
</ul>
Photo: Debby Wong via Shutterstock

Entertainment

Sports Betting

ADDYY

DKNG

Travis Hunter Wins Heisman, Will He Be #1 Pick In 2025 NFL Draft? What Betting Odds, History Show

Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) has outperformed the market over the past 15 years by 7.01% on an annualized basis producing an average annual return of 18.95%. Currently, Amphenol has a market capitalization of $91.20 billion. 
Buying $100 In APH: If an investor had bought $100 of APH stock 15 years ago, it would be worth $1,375.94 today based on a price of $75.65 for APH at the time of writing.
<h3>Amphenol's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734392709_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Amphenol 15 Years Ago Would Be Worth Today

Jeff Bezos, owner of the Washington Post and founder of Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), told a group at The New York Times DealBook Summit in early December that he likes meetings to be "messy" so that he can be part of the "sausage-making" process. 
The Details: Bezos, well-known as the world's second richest person, is also notable for his strong opinions on how business meetings should be run. 
Bezos discouraged PowerPoint presentations at Amazon's <a href="https://www.benzinga.com/general/education/24/09/41107170/jeff-bezos-used-this-method-to-get-true-opinions-from-employees-amazon-founder-says-youre-the-b">internal meetings</a> and set standards for meetings to seek the truth rather than to appeal or please the executives. 
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42515463/nike-needs-a-turnaround-after-q2-results-are-released-this-week-will-new-ceo-just-do-it">Nike Needs A Turnaround After Q2 Results Are Released This Week: Will New CEO &#8216;Just Do It?&#8217;</a>
&#8220;You don&#8217;t want the whole thing to be figured out and presented to you,&#8221; he said, according to a Business Insider <a href="https://www.businessinsider.com/jeff-bezos-messy-meetings-amazon-founder-achieve-more-2024-12">report</a>.&nbsp;
Bezos likes to begin meetings with a 30-minute window for participants to read through a detailed memo that outlines the background information and then open a "messy" discussion.&nbsp;
&#8220;I like the memos to be like angels singing from on high, so clear and beautiful, and then the meeting can be messy," he told The New York Times.&nbsp;
&#8220;Show me the ugly bits. I always ask, are there any dissenting opinions on the team? I want to try to get to the controversy,&#8221; Bezos said.
More Of Bezos' Style: Lauren Sanchez, Bezos' girlfriend, told the Wall Street Journal that he advised her not to be the first to speak in a meeting.&nbsp;
"No, no, no. You&#8217;re the boss. You talk last. You let everyone else talk, so that they don&#8217;t get swayed by your opinion,&#8221; Sánchez shared in the interview.
The Amazon founder is also known for his "Two Pizza Rule" which states that meetings should have no more participants than can be fed with two large pizzas.&nbsp;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42440681/markets-have-the-green-light-to-rally-after-novembers-yawner-inflation-report-experts-say">&#8216;Markets Have The Green Light To Rally&#8217; After November&#8217;s &#8216;Yawner&#8217; Inflation Report, Experts Say</a></li>
</ul>
Phot: Shutterstock

Large Cap

Psychology

Jeff Bezos Prefers 'Messy' Meetings, Be Part Of The 'Sausage-Making' Process

Dynatrace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DT#NYSE">DT</a>) has outperformed the market over the past 5 years by 2.91% on an annualized basis producing an average annual return of 16.51%. Currently, Dynatrace has a market capitalization of $16.35 billion. 
Buying $100 In DT: If an investor had bought $100 of DT stock 5 years ago, it would be worth $221.46 today based on a price of $54.79 for DT at the time of writing.
<h3>Dynatrace's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734391807_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Dynatrace 5 Years Ago Would Be Worth Today

Canadian Finance Minister Chrystia Freeland resigned Monday, citing disagreements with Prime Minister Justin Trudeau over <a href="https://www.benzinga.com/news/global/24/12/42475000/if-trump-starts-a-trade-war-canada-could-impose-export-taxes-on-oil-uranium-report">anticipated U.S. tariffs.</a>
What Happened? Freeland, who also held the position of Deputy Prime Minister, resigned hours before she was due to deliver an economic update to the parliament. In a letter to Trudeau, Freeland <a href="https://x.com/cafreeland/status/1868659332285702167">noted</a> she made this decision after his suggestion to take a different position within his Cabinet.
She also reflected on President-elect Donald Trump's proposed 25% tariffs.
"We need to take that threat extremely seriously. That means keeping our fiscal powder dry today, so we have the reserves we may need for a coming tariff war," she wrote.
Freeland, a veteran journalist and a key member of Trudeau's cabinet since 2015 has held multiple high-profile roles, including Minister of Foreign Affairs. Interestingly, her predecessor, Bill Morneau, resigned over a fallout with Trudeau in 2020 as they clashed over issues with COVID-19-related income support programs.
Meanwhile, Housing Minister Sean Fraser will not seek re-election in Nova Scotia and will leave the federal cabinet during the next shuffle, <a href="https://www.cbc.ca/player/play/video/9.6593309">per</a> CBC News. The shuffle, which could happen as early as Wednesday, could see former Bank of Canada and Bank of England governor Mark Carney joining the cabinet.&nbsp;
Why It Matters? Freeland's departure signals further weakening of Trudeau's government ahead of the election year.
As a widely respected figure, she was critical in securing Canada's trade interests and the architect of Canada's response to the U.S.-Mexico-Canada Agreement renegotiation during Trump's first term. With Freeland's exit, Trudeau loses a highly skilled negotiator at a pivotal time in international trade relations and domestic economic challenges.
Trudeau maintains the stance that imposing tariffs would hurt both sides.
"Let's not kid ourselves in any way, shape or form, 25% tariffs on everything going to the United States would be devastating for the Canadian economy," Trudeau said <a href="https://apnews.com/article/canada-trudeau-us-trump-tariffs-f23417b8f6671adf6b4c908be630615f">per</a> AP News, clarifying how tariffs on Canadian energy and various commodity exports would make life more expensive in the U.S.
Between November 2023 and October 2024, Canada exported over C$172 billion ($120.74 billion) worth of energy products to the U.S. and C$80.4 billion ($56.44 billion) worth of motor vehicles and parts. Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) have notable operations in Canada, as do foreign manufacturers like Fiat Chrysler Automobiles, Honda, and Toyota.
The internal crisis has driven down the Liberal Party's popularity. Polls <a href="https://newsinteractives.cbc.ca/elections/poll-tracker/canada/">show</a> Trudeau's government trails significantly behind the Conservative Party, with the next federal election due by October 2025.
Market Reaction: USD/CAD rose 0.11% for the day, closing the trading session at 1.4241. Since Donald Trump&#8217;s re-election, the pair rose around 3%.
Read Next: • <a href="https://www.benzinga.com/news/global/24/12/42513807/trump-says-softbanks-100b-commitment-to-us-is-monumental-demonstration-of-confidence-in-americas-future">Trump Says SoftBank&#8217;s $100B Commitment To US Is &#8216;Monumental Demonstration Of Confidence In America&#8217;s Future&#8217;</a>
Photo: Photocosmos1 via Shutterstock

Government

Commodities

Global

Trudeau's Government Loses A Top Negotiator Ahead Of Trump's Second Term

GoDaddy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDDY#NYSE">GDDY</a>) has outperformed the market over the past 5 years by 11.24% on an annualized basis producing an average annual return of 24.84%. Currently, GoDaddy has a market capitalization of $29.35 billion. 
Buying $100 In GDDY: If an investor had bought $100 of GDDY stock 5 years ago, it would be worth $305.24 today based on a price of $209.03 for GDDY at the time of writing.
<h3>GoDaddy's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734390909_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GDDY

Here's How Much $100 Invested In GoDaddy 5 Years Ago Would Be Worth Today

Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock is trading below its 50-day moving average as it awaits removal from the Nasdaq 100 Index on <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42494812/annual-changes-to-the-nasdaq-100-index" rel="noreferrer noopener">December 23, 2024</a>, joining the likes of Illumina, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>)&nbsp;and&nbsp;Moderna, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>).
Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), and Axon Enterprise Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) entered the coveted club as a replacement.
The Nasdaq-100 Index comprises 100 of the largest non-financial companies on The Nasdaq Stock Market.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42514598/hubspots-ai-powered-tools-set-to-drive-smb-growth-and-crm-innovation-analyst-says" rel="noreferrer noopener">HubSpot To Dominate SMB CRM Space With AI-Driven Platform, Says BofA Analyst</a>
Established in January 1985 alongside the Nasdaq Financial-100 Index, which tracks the 100 largest financial stocks on Nasdaq, these indexes serve as benchmarks for financial instruments like options, futures, and funds.
The Nasdaq-100 undergoes an annual reconstitution each December, aligned with the quadruple witching expiration on Friday of the quarter.
Super Micro Computer stock plunged 62% in the last six months. Reportedly, the AI server company has <a target="_blank" href="https://www.benzinga.com/news/financing/24/12/42506690/super-micro-seeks-to-raise-capital-via-equity-and-debt" rel="noreferrer noopener">enlisted Evercore to</a> assist in raising capital.
The effort aims to avoid a potential delisting after the company missed its August deadline for filing its annual financial report while reviewing internal financial controls.
The company is considering private investment in public equity (PIPE) funding, which could attract interest from private equity firms. While PIPE funding provides a faster capital-raising method, it dilutes existing shareholders&#8217; equity.
Concerns still need to be made about the profitability of Super Micro&#8217;s AI-optimized servers due to reliance on high-end chips from suppliers like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Super Micro&#8217;s auditor, Ernst &amp; Young, resigned in October over governance concerns. This led to a sharp decline in stock value and prompted an independent committee to investigate. By December, the committee found no evidence of misconduct, spurring a 30% rise in Super Micro&#8217;s stock.
The company appointed BDO USA as its new auditor to address delisting risks, submitted a compliance plan to Nasdaq, and began searching for a new finance chief based on the committee&#8217;s recommendations.
Super Micro, which faced scrutiny from a Hindenburg Research report and a U.S. Department of Justice probe, has until February 25 to file its delayed financial reports.
Super Micro Computer missed the revenue estimates for the last two quarters and the adjusted EPS consensus for the last quarter.
In July 2024, Super Micro Computer <a target="_blank" href="https://www.benzinga.com/news/24/07/39847680/whats-going-on-with-super-micro-computer-shares-today" rel="noreferrer noopener">became a component</a> of the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index, replacing Walgreens Boots Alliance Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>).
At that time, CEO Charles Liang highlighted Super Micro&#8217;s eco-friendly initiatives and AI growth opportunities during an interview with CNBC&#8217;s Jim Cramer.
Liang showcased the potential of their &#8220;liquid cooling&#8221; and &#8220;green computer&#8221; technologies to cut carbon emissions and reduce customer expenses.
He also shared his confidence in the transformative power of AI, predicting it could have a more significant impact than the industrial revolution.
The Nasdaq-100 Index underpins the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which seeks to deliver investment results mirroring the index&#8217;s performance before expenses.
Price Action: SMCI stock closed lower by 8.26% to $33.44 on Monday.
Also Read:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42514450/grindrs-expanding-lgbtq-market-and-20-revenue-growth-impresses-goldman-sachs" target="_blank" rel="noreferrer noopener">Grindr&#8217;s Expanding LGBTQ+ Market and 20% Revenue Growth Impresses Goldman Sachs</a></li>
</ul>
Photo via Company

AXON

ILMN

MRNA

MSTR

PLTR

SMCI

Super Micro Drops Below 50-Day Average, Faces Nasdaq 100 Removal Just Months After Entry

Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) has outperformed the market over the past 5 years by 13.88% on an annualized basis producing an average annual return of 27.48%. Currently, Toll Brothers has a market capitalization of $13.58 billion. 
Buying $1000 In TOL: If an investor had bought $1000 of TOL stock 5 years ago, it would be worth $3,449.88 today based on a price of $134.58 for TOL at the time of writing.
<h3>Toll Brothers's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734390009_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Toll Brothers Stock In The Last 5 Years

CMTG paid three regular quarterly dividends during the year totaling $0.60 per share of common stock, which exceeds its 2024 taxable income estimate.
"Looking ahead, the Board of Directors will determine whether to reinstate the quarterly dividend based on broader market conditions, the Company's financial performance and estimated REIT taxable income."

Dividends

CMTG

Claros Mortgage Trust Board Suspends Quarterly Dividend On Its Common Stock Commencing With Q4 Dividend That Would Have Otherwise Been Paid In January 2025

STMicroelectronics (STM) announced a 21-year power purchase agreement, or PPA, with BKH Solar Sdn Bhd, an entity jointly established by Engie Renew...

STMicroelectronics enters 21-year PPA with Engie SA entity and Conextone Energy

STMicroelectronics, ENGIE ink long-term energy supply deal

UBS analyst Wanda Serwinowska maintained a Buy rating on Engie SA (0LD0 – Research Report) today and set a price target of €17.50. The company's sh...

UBS Sticks to Their Buy Rating for Engie SA (0LD0)

Utility companies are positioned for long-term growth through clean energy investments as the world shifts towards renewable energy and infrastructure modernization. With rising demand, investors might consider stable utility stocks like Duke Energy (DUK), Engie (ENGIY), and Fortis (FTS), which offer high dividends. Read on... Utilities are experiencing rising demand from AI infrastructure, data centers, and EV charging, driving steady revenue growth. The sector also benefits from the shift to cleaner energy, which supports long-term growth potential. For investors seeking stability, utility stocks like Duke Energy Corporation (<a href="https://stocknews.com/stock/DUK/">DUK</a>), Engie SA (<a href="https://stocknews.com/stock/ENGIY/">ENGIY</a>), and Fortis Inc. (<a href="https://stocknews.com/stock/FTS/">FTS</a>) offer reliable dividends and promising dividend growth.
The utility sector is particularly promising and stable, supported by rising electricity demand from industrial growth and electric vehicles this year. Utilities play an essential role in sustaining critical tech sectors, providing steady demand and a defensive position against economic fluctuations. As a result, in the U.S., electricity demand is projected to grow by 3% in 2024 and by <a href="https://www.iea.org/reports/electricity-mid-year-update-july-2024/executive-summary">1.9% in 2025</a>.
As utilities transition from fossil fuels, they can achieve more stable costs and improved profitability by avoiding price volatility. Investments in nuclear, renewable energy, and methane reduction position utilities as leaders in clean, stable energy, while gas liquefaction supports the transition to lower-emission fuels. The global utilities market is projected to grow at <a href="https://www.researchandmarkets.com/report/utilities">6.8% annually</a>, reaching $8.31 trillion by 2027.
On top of it, anticipated interest rate cuts are likely to ease capital costs, benefiting utility companies reliant on substantial infrastructure spending. With promising local regulatory changes, the sector's outlook remains strong. Investors' interest in utility stocks is evident from the SPDR Select Sector Fund – Utilities' (<a href="https://stocknews.com/stock/XLU/">XLU</a>) 33.9% returns over the past year.
Considering these conducive trends, let's analyze the fundamental aspects of the three utility picks.
Duke Energy Corporation (<a href="https://stocknews.com/stock/DUK/">DUK</a>)
DUK and its subsidiaries operate as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&amp;I), and Gas Utilities and Infrastructure (GU&amp;I).
On October 7, 2024, DUK declared a quarterly cash dividend of $1.05 per share on its common stock and $359.38 per share on its Series A preferred stock, both payable on December 16, 2024, to shareholders of record by November 15, 2024.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a>, DUK's 49.86% is 11.3% higher than the 44.79% industry average. Likewise, its 42.39% trailing-12-month Capex / Sales is 25.5% higher than the 33.77% industry average. Furthermore, the stock's 47.63% trailing-12-month EBITDA margin is 30.2% higher than the 36.58% industry average.
DUK has paid dividends for 17 consecutive years. Its annual dividend is $4.18, which translates to a yield of 3.63% at the current share price. Its four-year average dividend yield is 4.01%. Moreover, the company's dividend payouts have increased at a CAGR of 2% over the past three years.
DUK's total operating revenues for the second quarter that ended June 30, 2024, increased 9% year-over-year to $7.17 billion. Its operating income rose 19.4% over the year-ago value to $1.71 billion. Also, net earnings and adjusted EPS stood at $921 million and $1.18, reflecting increases of 29% and 29.7% year-over-year, respectively.
Street expects DUK's EPS for the quarter ending December 31, 2024, to increase 7.7% year-over-year to $1.63. Its revenue for the quarter ended September 30, 2024, is expected to grow 1.3% year-over-year to $8.10 billion. It surpassed the Street EPS estimates in three of the trailing four quarters.
Over the past year, the stock has gained 29.7% to close the last trading session at $115.27. Its 60-month beta is 0.46.
DUK's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
DUK is ranked #13 out of 59 stocks in the <a href="https://stocknews.com/category/utilities-domestic/">Utilities – Domestic</a> industry. It has a B grade for Growth, Momentum, and Stability. <a href="https://stocknews.com/stock/DUK/">Click here</a> to see DUK's ratings for Value, Sentiment, and Quality.
Engie SA (<a href="https://stocknews.com/stock/ENGIY/">ENGIY</a>)
Headquartered in Courbevoie, France, ENGIY operates in the power, natural gas, and energy services sectors. It functions through the Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Other segments.
On October 29, 2024, ENGIY and OCP Group announced a strategic partnership to accelerate OCP's energy transition in Morocco, focusing on renewable energy, energy storage, green hydrogen, and desalination.
The partnership includes developing four large-scale industrial projects and a research agenda, aiming to enhance competitiveness and support Morocco's ambitious energy goals.
On October 15, 2024, ENGIY announced the acquisition of its first biomethane production plant in Belgium, with a capacity of 68 GWh per year. This strategic purchase supports ENGIY's goal of producing 10 TWh of biomethane annually in Europe, enhancing its presence in the renewable energy sector.
In terms of the trailing-12-month Return on Total Capital, ENGIY's 6.82% is 69.8% higher than the 4.02% industry average. Likewise, its 15.94% trailing-12-month Return on Common Equity is 65.7% higher than the 9.62% industry average. Furthermore, the stock's 0.38x trailing-12-month asset turnover ratio is 75.2% higher than the 0.21x industry average.
ENGIY pays an annual dividend of $0.87, which translates to a yield of 5.15% at the current share price. Its four-year average dividend yield is 6.12%. Its dividend payouts have increased at a CAGR of 45.5% over the past three years.
For the first half ended June 30, 2024, ENGIY's revenues were €37.53 billion ($40.77 billion). Its cash flow from operating activities came in at €8.97 billion ($9.74 billion). Moreover, the company's net income and EPS were €2.40 billion ($2.61 billion) and €0.78, respectively, compared to a net loss of €217 million ($235.73 million) and a loss per share of $0.37.
For the quarter ended September 30, 2024, ENGIY's revenue is expected to increase marginally year-over-year to $16.15 billion. Over the past three months, the stock has gained 7.2% to close the last trading session at $16.84. Its 60-month beta is 0.94.
ENGIY's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
ENGIY has an A grade for Growth and a B grade for Value, Momentum, Stability, and Sentiment. Within the B-rated <a href="https://stocknews.com/category/utilities-foreign/">Utilities – Foreign</a> industry, it is ranked #5 out of 51 stocks. To see ENGIY's rating for Quality, <a href="https://stocknews.com/stock/ENGIY/">click here</a>.
Fortis Inc. (<a href="https://stocknews.com/stock/FTS/">FTS</a>)
Headquartered in St. John's, Canada, FTS operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It generates, transmits, and distributes electricity to southeastern Arizona and in Arizona's Mohave and Santa Cruz counties, with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MW of wind capacity.
In terms of the trailing-12-month EBIT margin, FTS' 28.79% is 35.3% higher than the 21.28% industry average. Likewise, its 44.98% trailing-12-month EBITDA margin is 23% higher than the 36.58% industry average. Furthermore, the stock's 37.54% trailing-12-month Capex / Sales is 11.2% higher than the 33.77% industry average.
FTS' annualized dividend of $1.77 per share translates to a dividend yield of 4.09% on the current share price. Its four-year average yield is 3.85%. Over the past five years, FTS' dividend payments have grown at a CAGR of 5.1%. The company has paid dividends for the past eight years.
During the second quarter that ended June 30, 2024, adjusted net earnings increased 9.6% over the prior-year quarter to C$331 million ($237.8 million). Similarly, the company's adjusted net earnings per share came in at $0.67, up 8.1% from the year-ago value.
Analysts expect FTS' revenue for the quarter ended September 30, 2024, to increase 8.9% year-over-year to $2.13 billion. Its EPS for the quarter ending December 31, 2024, is expected to increase 11.7% year-over-year to $0.60. FTS surpassed the consensus EPS estimates in each of the trailing four quarters.
Over the past six months, the stock has gained 10% to close the last trading session at $43.23. Its 24-month beta is 0.37.
FTS' positive outlook is reflected in its POWR Ratings. It has a B grade for Momentum and Stability. It is ranked #43 in the Utilities - Foreign industry. <a href="https://stocknews.com/stock/FTS/">Click here</a> to see FTS' ratings for Growth, Value, Sentiment, and Quality.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

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DUK shares were trading at $112.68 per share on Friday afternoon, down $2.59 (-2.25%). Year-to-date, DUK has gained 19.71%, versus a 21.27% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/duk-engiy-fts-3-utility-stocks-for-stability-and-dividend-growth/>3 Utility Stocks for Stability and Dividend Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Utility Stocks for Stability and Dividend Growth

In a report released on November 7, Juan Rodriguez from Kepler Capital maintained a Buy rating on Engie SA (0LD0 – Research Report), with a price t...

Kepler Capital  Reaffirms Their Buy Rating on Engie SA (0LD0)

Engie: Supportive Earnings And Yields

DBS analyst Pei Hwa Ho reiterated a Buy rating on Engie SA (0LD0 – Research Report) on December 3 and set a price target of €18.80. Pei Hwa Ho's ra...

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