Federated Hermes ETF Trust Federated Hermes Short Duration Corporate ETF (ARCA: FCSH)

Latest news for Federated Hermes ETF Trust Federated Hermes Short Duration Corporate ETF (ARCA:FCSH)

The Fund primarily invests in a diversified portfolio of investment-grade, fixed-income securities consisting primarily of corporate debt securities. Corporate debt securities, including notes, bonds, debentures and commercial paper, are fixed income securities usually issued by businesses to finance their operations

Federated Hermes Short Duration Corporate ETF

Federated Hermes ETF Trust Federated Hermes Short Duration Corporate ETF

Fully funded multi-center study initiated at University of Florida to further explore efficacy of isomyosamine for preventing progressive muscle loss and frailty
Study builds on positive results achieved in earlier Phase 2a trial
TNF-alpha inhibitor market estimated at $40+ billion with no FDA-approved oral treatments

Biotech

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General

TNFA

TNF Pharmaceuticals Initiates Phase 2b Clinical Trial Of First Oral TNF-Alpha Inhibitor Candidate Isomyosamine For Treatment For Chronic Inflammation Associated With Muscle Loss In Patients Who Undergone Hip Or Femur Fracture Repair Surgery

Rosenblatt analyst Steve Frankel maintains Lincoln Educational Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINC#NASDAQ">LINC</a>) with a Buy and raises the price target from $20 to $24.

Price Target

Analyst Ratings

LINC

Rosenblatt Maintains Buy on Lincoln Educational Servs, Raises Price Target to $24

FEMY

Femasys Publishes Peer-Reviewed Publication Of Safety and Efficacy Results From FemBloc Permanent Birth Control Clinical Trials

Rosenblatt analyst Catharine Trebnick maintains Zoom Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) with a Buy and maintains $95 price target.

Rosenblatt Maintains Buy on Zoom Communications, Maintains $95 Price Target

Piper Sandler analyst Michael Lavery maintains General Mills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) with a Overweight and lowers the price target from $84 to $71.

Piper Sandler Maintains Overweight on General Mills, Lowers Price Target to $71

WIIM

ACTU

Actuate Therapeutics shares are trading higher after the company announced enrollment completion for its Phase 2 trial of Elraglusib plus FOLFIRINOX and Losartan.

Trip.com Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) shares are trading lower premarket on Tuesday.
On Monday, the company reported fourth-quarter adjusted EPS of $0.60, <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43927851/trip-com-group-limited-reports-unaudited-fourth-quarter-and-full-year-of-2024-financial-results" rel="noreferrer noopener">surpassing the $0.52 estimate</a>. Net revenue rose 23% year over year (Y/Y) to&nbsp;RMB12.7 billion, primarily driven by stronger travel demand. In USD terms, sales of $1.75 billion exceeded<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> the $1.69 billion estimate</a>.
Accommodation reservation revenue rose 33% year over year to RMB5.2 billion ($709 million), led by higher accommodation bookings.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/02/43909555/trip-com-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call-2" rel="noreferrer noopener">Trip.com Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>
Transportation ticketing revenue upped 16% Y/Y to&nbsp;RMB4.8 billion&nbsp;($655 million), primarily aided by an increase in transportation reservations. Packaged-tour revenue surged 24% Y/Y to RMB870 million ($119 million) on higher packaged-tour bookings.
Outbound hotel and air ticket bookings have surpassed pre-COVID levels in the quarter, reaching over 120% of the same period in 2019. Adjusted EBITDA rose to&nbsp;RMB3.0 billion&nbsp;($408 million) from&nbsp;RMB2.9 billion&nbsp;in the prior year quarter.
As of&nbsp;December 31, 2024, cash and equivalents stood at RMB90.0 billion&nbsp;($12.3 billion).
The company&#8217;s board authorized new capital return measures for 2025, including a $400 million share repurchase program and a $200 million cash dividend for 2024.
The dividend of $0.30 per share or ADS will be paid to eligible shareholders and ADS holders of record as of March 17, 2025, with payments scheduled for March 27, 2025, for ordinary shares and April 4, 2025, for ADS holders, subject to the deposit agreement terms.
James Liang, Executive Chairman, said, &#8220;The travel market has shown remarkable resilience in 2024, driven by travelers&#8217; growing desire for exploration and cultural experiences,&#8221;
&#8220;We are committed to investing in AI and promoting inbound travel to foster innovation and enhance the overall travel experience. We anticipate another year of growth and success within the industry.&#8221;
Notably, shares of US-listed Chinese stocks are down following Wall Street&#8217;s worst session of the year on Friday, sparked by inflation concerns and mixed economic data. Additionally, the weakness could be attributed to profit-taking after last week&#8217;s rally.
Investors can gain exposure to the stock via Invesco Golden Dragon China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>) and AdvisorShares Hotel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEDZ#NYSE">BEDZ</a>).
Price Action: TCOM shares are down 8.10% at $59.42&nbsp;premarket at the last check Tuesday.
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Image via Shutterstock

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Movers

BEDZ

PowerShares Golden Dragon Halter USX China Portfolio

TCOM

Trip.com Shares Drop Despite Strong Q4 Earnings and Record Travel Demand: Details

Contracts

UGRO

urban-gro Signs $6M LED Lighting Equipment Contract

EPRX

Eupraxia Pharmaceuticals shares are trading higher after the company reported its trial data results for eosinophilic esophagitis treatment.

Cantor Fitzgerald analyst Li Watsek maintains Ascendis Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NASDAQ">ASND</a>) with a Overweight and raises the price target from $170 to $200.

ASND

Cantor Fitzgerald Maintains Overweight on Ascendis Pharma, Raises Price Target to $200

BBAI

BigBear.ai' To Deploy ConductorOS To Enhance AI-Enabled Capabiltiies For AUKUS Forces In Multi-Domain Missions

NEOV

NeoVolta shares are trading higher after the company announced it has completed Phase two of its loan application for $300 million from the U.S. Department of Energy.

Rosenblatt analyst Kevin Cassidy maintains Navitas Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) with a Buy and maintains $5 price target.

NVTS

Rosenblatt Maintains Buy on Navitas Semiconductor, Maintains $5 Price Target

CHGG

Chegg shares are trading lower after the company issued Q1 sales guidance below estimates.

NLSP

NLS Pharmaceuticals shares are trading higher after the company announced its partners have collaborated with iTolerance and have completed a pre-IND meeting with the FDA for the treatment of type 1 diabetes.

When you think of billionaires proposing marriage, images of flashy diamonds, private jets, or romantic getaways might spring to mind. But Elon Musk's <a href="https://www.benzinga.com/news/25/02/43680809/elon-musks-ex-wife-whom-he-was-engaged-to-only-2-weeks-after-meeting-joked-he-invited-her-to-his-hotel-room-just-to-watch-rocket-videos">second ex-wife</a>, actress Talulah Riley, reveals their engagement began with something far more casual—a handshake, no ring involved.
<h2 class="wp-block-heading">From a Chance Meeting to a Casual Proposal</h2>
In a <a href="https://www.tiktok.com/t/ZT254XA5Q/">2022 BBC interview clip</a> shared widely on TikTok, Riley opened up about meeting Elon Musk at just 22 years old, during a night out at a West End club in London. Musk, who had filed for divorce from his first wife weeks earlier, was in town on business. Riley was immediately captivated, recalling, "I remember thinking, wow, what an incredible man. Never met anyone like him."
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Eager to reconnect after their first meeting, Riley decided to reach out. "I was just thinking about him, so I emailed him," she said, explaining she'd soon be taking a vacation to Los Angeles and thought it would be "lovely to see him." Musk responded enthusiastically, offering to fly her out himself. However, Riley politely declined his offer, insisting she'd handle her own travel arrangements.
After she arrived in LA, the romance quickly intensified. Riley recounted Musk's unconventional proposal during their reunion. Without any grand gestures or jewelry at hand, Musk bluntly stated, "I don't want you to go home. I want to marry you." He then immediately apologized, adding, "I'm sorry I don't have a ring, but this is what I'd like to do." Riley described the moment casually, adding with amusement, "We shook hands, and I said, ‘Yes, I will do.'"
Trending: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a>
For Riley, rushing into marriage felt almost normal. Her parents had gotten married after just one date, so when Musk proposed after just a couple of weeks, she thought, "This is just what you do. That's what love is."&nbsp;
Riley says she instantly stepped into Musk's family life, sharing a home with him and his children.&nbsp;
<h2 class="wp-block-heading">The Full Story: Three Rings and a Rocket Obsession</h2>
The quirky details of Musk and Riley's relationship are explored more deeply in Ashlee Vance's biography, "Elon Musk: Tesla, SpaceX and the Quest for a Fantastic Future." According to the book, Musk first noticed Riley at the nightclub through an introduction from the club's promoter.&nbsp;
Initially skeptical, Musk recalled his first impression in the biography, saying, "She did look great, but what was going through my mind was ‘Oh, I guess they are a couple of models. You know, you can't actually talk to most models.'" But he quickly changed his mind when Riley showed genuine interest in topics close to his heart: rockets and electric cars. Riley humorously recalled Musk's early attempts at impressing her: "I was skeptical, but he did <a href="https://www.benzinga.com/news/25/02/43680809/elon-musks-ex-wife-whom-he-was-engaged-to-only-2-weeks-after-meeting-joked-he-invited-her-to-his-hotel-room-just-to-watch-rocket-videos">actually show me rocket videos</a>."
Shortly afterward, their romance took a decisive turn at the Peninsula Hotel in Beverly Hills. Without a ring to seal the deal, Musk proposed casually in bed, suggesting they shake on it. Riley happily agreed, but Musk eventually made up for the initial informality by gifting her three engagement rings—a huge statement ring, a simpler everyday one, and another featuring a diamond surrounded by ten sapphires.
Reflecting on the relationship, Riley shared Musk's warning from those early days: "Being with me was choosing the hard path. I didn't quite understand at the time, but I do now. It's quite hard, quite the crazy ride." The biography captures how Musk, stressed by SpaceX's challenges, appeared exhausted and dangerously close to burnout.&nbsp;
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, with minimum investments as low as $100</a>.
<h2 class="wp-block-heading">Divorce, Remarriage, and Million-Dollar Settlements</h2>
Despite Musk's eventual professional success, transforming SpaceX from industry joke to respected space pioneer, the relationship crumbled.&nbsp;
They <a href="https://www.benzinga.com/startups/24/01/36561210/elon-musk-married-and-divorced-the-same-woman-twice-paying-her-over-20-million-in-settlements-she-sa">first divorced in 2012</a>, with Riley receiving a settlement of $4.2 million. Surprisingly, they reunited less than a year later, remarrying in 2013. However, Musk filed for divorce again in 2014, briefly withdrawing it before ultimately separating permanently in 2016.
Across their two divorces, Musk reportedly paid Riley settlements totaling more than $20 million—$4.2 million after the first split, and around $16 million following their second breakup. Despite the substantial financial arrangements, Riley has never expressed bitterness. Instead, she's consistently highlighted their lasting bond, rooted in that unconventional handshake deal all those years ago.
Read Next:
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<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a></li>
</ul>

Personal Finance

Elon Musk's Second Ex-Wife Says He Proposed To Her Without A Ring And They 'Shook Hands On It' — But Later He Gave Her 3 Engagement Rings

As Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) retreats to three-month lows, the 9% correction in total crypto market capitalization has analysts speculating about what is <a href="https://in.benzinga.com/news/global/25/02/43926015/trump-confirms-tariffs-on-canada-mexico-will-take-effect-as-planned">driving this downturn</a>.
What Happened: In a detailed thread on <a href="https://x.com/KobeissiLetter/status/1894218914923417964">X</a> on Tuesday, macro commentary account Kobeissi Letter described the correction as a liquidity cascade triggered by multiple compounding factors. 
The aggressive sell-off in Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), combined with a broader risk-off move in equities, likely sparked a wave of liquidations across crypto.
Solana is down 17.2% in the past seven days and 44.9% over the past month. Leading meme coins like Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>), Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>) and Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>) are down 21%, 17% and 14%, respectively.
According to Kobeissi Letter, the meme coin market losing liquidity is a notable signal, signaling broader risk appetite is fading. CoinGecko data shows the total meme coin market cap down 16.5% over the past 24 hours.
The crypto market has shed close to <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43937601/bitcoin-down-7-ethereum-xrp-dogecoin-shiba-inu-plunge-over-10-as-148-billion-liquidation-t">$1.5 billion in liquidations</a> as part of the market correction.
Interestingly, this market correction comes on the heels of <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43923960/citadel-securities-moves-into-crypto-market-making-following-trumps-crypto-friendly-regula">Citadel Securities&#8217; announcement</a> of plans to become a liquidity provider for Bitcoin and crypto. The market seems to have interpreted this as a &#8220;sell the news&#8221; event.
The recent <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43905078/bybit-nears-recovery-after-crypto-heist-freezes-42-89-million-in-stolen-funds-secures-1-23-billion-in-eth-through-whales-and-loans">Bybit hack on Feb. 21</a> has also dampened market sentiment. Arkham Intelligence has labeled this incident as the &#8220;largest financial heist in history,&#8221; surpassing even the Central Bank of Iraq theft in 2003.
Price Action: Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is down 7% over the past 24 hours, trading around $88,800 at the time of writing. Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) are down 9%, trading at $2,415 and $2,22, respectively.
Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43934933/bitcoin-plunges-below-88000-what-is-going-on">Bitcoin Plunges Below $88,000: What Is Going On?</a>
What's Next: Technical factors and a general pullback in risk appetite across financial markets have contributed to the crypto market&#8217;s liquidity squeeze. 
The Kobeissi Letter notes, &#8220;We saw historic levels of risk appetite in 2024 and heading into 2025. A pullback in risk appetite means less liquidity for crypto markets.&#8221;
While the current situation may seem alarming, it&#8217;s worth noting that Bitcoin has experienced numerous 10% pullbacks during its bull run. 
The Kobeissi Letter suggests that &#8220;Technical pullbacks are healthy&#8221; and doesn&#8217;t necessarily indicate a prolonged bear market.
Read Next:
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<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43918143/bitcoin-stuck-in-90-day-consolidation-range-this-juncture-is-critical-bitfinex-analysts-say">Bitcoin Stuck In 90-Day Consolidation Range: This Juncture Is Critical, Bitfinex Analysts Say</a></li>
</ul>
Image: Shutterstock

$BONK

$BTC

$ETH

$SOL

$TRUMP

$WIF

$XRP

Bitcoin, Ethereum, XRP Shed Billions In 9% Correction: 3 Factors Driving The Downturn

The Hartford Insurance Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>) has outperformed the market over the past 5 years by 2.38% on an annualized basis producing an average annual return of 16.46%. Currently, The Hartford Insurance Gr has a market capitalization of $32.48 billion. 
Buying $100 In HIG: If an investor had bought $100 of HIG stock 5 years ago, it would be worth $227.87 today based on a price of $113.82 for HIG at the time of writing.
<h3>The Hartford Insurance Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740492910_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.

Trading Ideas

$100 Invested In The Hartford Insurance Gr 5 Years Ago Would Be Worth This Much Today

<ul>
<li>NVDA</li>
<li>SMCI</li>
<li>PLTR</li>
<li>TSLA</li>
<li>LUNR</li>
<li>CORN</li>
<li>MSTR</li>
<li>HIMS</li>
<li>$BTC</li>
<li>GLD</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
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CORN

Hims & Hers Health, Inc. Class A Common Stock

HIMS

LUNR

MSTR

NVDA

PLTR

SMCI

TSLA

Top 10 Trending Stocks On WallStreetBets As Of February 25, 2025 (Via Swaggy Stocks)

Cantor Fitzgerald analyst Prakhar Agrawal initiates coverage on Metsera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSR#NASDAQ">MTSR</a>) with a Overweight rating.

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