Goldman Sachs Future Consumer Equity ETF (ARCA: GBUY)

Latest news for Goldman Sachs Future Consumer Equity ETF (ARCA:GBUY)

Technology

Consumer Cyclical

Communication Services

Financial Services

Consumer Defensive

Utilities

Other

Industrials

Real Estate

Healthcare

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to companies with common equity securities listed on exchanges in certain developed markets that may benefit from the on-going structural shifts in the consumer market due to changes in demographics, technology and preferences (the New Age Consumer Theme).

Amazon.Com Inc

Alphabet Inc

Nvidia Corp.

Meta Platforms, Inc.

Taiwan Semiconductor Manufacturing Co. Ltd.

Apple Inc

Mastercard Inc

Experian Plc

Tencent Holdings Ltd

Goldman Sachs Future Consumer Equity ETF

Ormat Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORA#NYSE">ORA</a>), a leading geothermal and renewable energy company, today announced it has successfully secured 1,678 acres in Utah's Bureau of Land Management (BLM) Auction. These lease acquisitions will significantly support Ormat's ongoing operations and development projects in the state, further strengthening the company's commitment to advancing renewable energy solutions and meeting Utah's increasing demand for sustainable energy.
The newly leased acres should allow Ormat to develop two new power plants near our Cove Fort facility in Utah. Exploration work on the first plant (Cove Fort 2) is expected to begin in 2025 and, pending resource availability, we expect the project to achieve a Commercial Operation Date in 2027. The second plant (Cove Fort North) will be developed at a later stage.

News

Ormat Technologies Secured 1,678 Acres In Utah's Bureau Of Land Management Auction To Support Ormat's Ongoing Operations And Development Projects In The State, Further Strengthening The Co's Commitment To Advancing Renewable Energy Solutions And Meeting Utah's Increasing Demand For Sustainable Energy

Inmagene Biopharmaceuticals is a clinical stage company focused on developing IMG-007, a non-depleting anti-OX40 monoclonal antibody with an extended half-life and a silenced ADCC function
The transaction is expected to result in approximately $175 million to support further development of IMG-007, including $75 million from an oversubscribed Private Placement that will close immediately following the merger
The Financing includes both new investors such as Deep Track Capital, Foresite Capital, RTW Investments, and existing Ikena investors such as BVF Partners L.P., Blue Owl Healthcare Opportunities, Omega Funds, and OrbiMed
The transaction is expected to close in mid-2025
BOSTON and SAN DIEGO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IKNA#NASDAQ">IKNA</a>, "Ikena, "))) and Inmagene Biopharmaceuticals ("Inmagene") announced they have entered into a definitive merger agreement. In connection with the merger, Ikena has entered into subscription agreements for a $75 million private placement (the "Financing") with a syndicate that includes new investors such as Deep Track Capital, Foresite Capital, RTW Investments, and existing Ikena investors such as BVF Partners L.P., Blue Owl Healthcare Opportunities, Omega Funds, and OrbiMed. The combined company will focus on the development of IMG-007, a monoclonal antibody (mAb) targeting OX40, for the treatment of atopic dermatitis. The combined company plans to operate under the name "ImageneBio, Inc." ("ImageneBio") and trade on NASDAQ under the ticker "IMA".

IKNA

Ikena And Inmagene Enter Merger Agreement; $175M To Support IMG-007 Development, Includes $75M Private Placement; Combined Company ImageneBio To Target Atopic Dermatitis; Expected Close Mid-2025 And Trade On Nasdaq Under The Ticker "IMA"

WIIM

DESP

Despegar shares are trading higher. The company announced it will be acquired by Prosus in $1.7 Billion deal.

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.2% on Monday.
Shares of Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) fell sharply in today's pre-market trading after a US jury reportedly found Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) did not breach Nuvia&#8217;s license agreement <a href="https://www.benzinga.com/quote/ARM">with the company</a>.
Arm Holdings shares fell 2.3% to $129.14 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Core Laboratories Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLB#NYSE">CLB</a>) shares dipped 11% to $15.00 in pre-market trading.</li>
<li>Astria Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXS#NASDAQ">ATXS</a>) shares declined 10.8% to $8.53 in pre-market trading.</li>
<li>SIGA Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGA#NASDAQ">SIGA</a>) declined 8.5% to $5.41 in pre-market trading.</li>
<li>Dnow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) fell 7.7% to $11.90 in pre-market trading.</li>
<li>DiamondRock Hospitality Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRH#NYSE">DRH</a>) fell 4.3% to $8.92 in pre-market trading.</li>
<li>NI Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NODK#NASDAQ">NODK</a>) fell 3.8% to $14.73 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42616196/jim-cramer-likes-walmart-recommends-buying-this-very-very-good-financial-stock">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></li>
</ul>

Pre-Market Outlook

Markets

Movers

Trading Ideas

ATXS

DNOW

NODK

QCOM

SIGA

Arm Holdings And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Immediately prior to the closing (the "Effective Date"), all Foremost shareholders are expected to receive two shares of Rio Grande for every one share of Foremost they hold
VANCOUVER, British Columbia, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ:<a href="https://www.benzinga.com/stock/FMST#NASDAQ">FMST</a>) (CSE:<a href="https://www.benzinga.com/stock/FAT#CSE">FAT</a>) ("Foremost" or the "Company"), an emerging North American uranium and lithium exploration company, is pleased to announce that shareholders of Foremost ("Shareholders") have approved the previously announced plan of arrangement (the "Arrangement") under which the Company will spin-out its gold and silver properties located in Sierra County, New Mexico, United States (collectively, the "Winston Property") to Shareholders through Rio Grande Resources Ltd. ("Rio Grande"), a wholly-owned subsidiary of the Company.

FMST

Foremost Clean Energy Announces Approval Of The Winston Gold And Silver Spin-Out

Nordstrom Shareholders to Receive $24.25 Per Share in Cash
Transaction Represents a Premium of Approximately 42% Since March 18, 2024
Board Also Intends to Pay Special Dividend of Up to $0.25 Per Share in Cash Contingent on Closing
SEATTLE, Dec. 23, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) today announced it has signed a definitive agreement under which Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B. de C.V. ("Liverpool") (BMV:<a class="ticker" href="https://www.benzinga.com/stock/LIVEPOL#BMV">LIVEPOL</a>) will acquire all of the outstanding common shares of Nordstrom not already beneficially owned by the Nordstrom Family and Liverpool in an all-cash transaction valued at approximately $6.25 billion on an enterprise basis. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the Company.
Under the terms of the agreement, Nordstrom common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold. The merger consideration represents a premium of approximately 42% to the Company's unaffected closing common stock price on March 18, 2024, the last trading day prior to media speculation regarding a potential transaction. In addition, the Board intends to authorize a special dividend of up to $0.25 per share (based on Nordstrom's cash on hand) immediately prior to and contingent on the close of the transaction. Upon completion of the transaction, Nordstrom will become a private company.&nbsp;

BMV:LIVEPOL

Nordstrom To Be Acquired By Nordstrom Family And Liverpool For $24.25 Per Share In $6.25B Deal; Includes 42% Premium And Special $0.25 Dividend, With Plans To Go Private

IPA (IMMUNOPRECISE ANTIBODIES LTD.) (the "Company" or "IPA") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPA#NASDAQ">IPA</a>), an AI-driven biotherapeutic research and technology company, is pleased to announce significant insider activity, with key members of its executive team and subsidiary co-founders demonstrating confidence in the Company's strategic direction and long-term potential through substantial share purchases.
Over the past week, CEO Dr. Jennifer Bath and BioStrand co-founders Dirk Van Hyfte and Ingrid Brands collectively acquired a total of 763,120 shares of IPA on the open market for an aggregate amount of USD $306,000.

Insider Trades

ImmunoPrecise Antibodies CEO Jennifer Bath And BioStrand Co-Founders Dirk Van Hyfte And Ingrid Brands Collectively Acquired A Total Of 763,120 Shares Of IPA On The Open Market For An Aggregate Amount Of $306,000

Loop Capital analyst Anthony Chukumba maintains Ollie's Bargain Outlet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLLI#NASDAQ">OLLI</a>) with a Buy and raises the price target from $120 to $130.

Price Target

Analyst Ratings

OLLI

Loop Capital Maintains Buy on Ollie's Bargain Outlet, Raises Price Target to $130

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.hyliion.com&amp;esheet=54170302&amp;newsitemid=20241223192260&amp;lan=en-US&amp;anchor=Hyliion+Holdings+Corp.&amp;index=1&amp;md5=58a8e4699371f2ab58ac0b42012d441f">Hyliion Holdings Corp.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HYLN#NYSE">HYLN</a>), a developer of sustainable electricity-producing technology, today announced it has been awarded a $6 million grant from the U.S. Department of Energy's (DOE) Methane Emissions Reduction Program. For this project, representing a total of $8.4 million in federal and non-federal funding, Hyliion will install up to 2 megawatts of KARNO&#x2122; generators in collaboration with oil and gas partners.
The project will demonstrate the KARNO generator's unique ability to operate on well-head gas to produce sustainable, near-zero emissions electricity. In 2023, Hyliion <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.hyliion.com%2Fnews%2Fhyliions-karno-technology-successfully-tests-on-unprocessed-permian-basin-gas%2F&amp;esheet=54170302&amp;newsitemid=20241223192260&amp;lan=en-US&amp;anchor=successfully+tested&amp;index=2&amp;md5=e2e75dc850640b8c7be7afb60099e6d8">successfully tested</a> gas from the Permian Basin, highlighting the generator's fuel-agnostic design and its capability to utilize unprocessed gas. This distinctive capability positions the KARNO generator as a groundbreaking solution for reducing flaring and methane emissions while delivering efficient, scalable power.

Contracts

HYLN

Hyliion Awarded $6M Federal Grant To Advance Methane Emission Reductions In The Oil And Gas Industry

<ul>
<li>Brenmiller is replacing Tempo's fossil fuel boilers with a 32 MWh bGen&#x2122; thermal energy storage system to deliver sustainable process heat that is expected to mitigate 6,200 tons of carbon emissions annually</li>
<li>Tempo, partially owned by Heineken International B.V., is one of Israel's largest producers and distributors of beverages for brands including Heineken and Pepsi</li>
<li>Completion of the Tempo project as planned is expected to accelerate and support the conversion of Brenmiller's current substantial $440 million dollar commercial pipeline into projects with revenues</li>
</ul>
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fbren-energy.com%2F&amp;esheet=54170268&amp;newsitemid=20241223885043&amp;lan=en-US&amp;anchor=Brenmiller+Energy+Ltd.&amp;index=1&amp;md5=a98275ef42bf19bf89bc8aef00265228">Brenmiller Energy Ltd.</a> ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNRG#NASDAQ">BNRG</a>), a leading global technology provider of thermal energy storage ("TES") solutions to industrial and utility customers, today announced that it has achieved a major contractual milestone in its groundbreaking TES project for Tempo Beverages Ltd. ("Tempo") and a critical financial benchmark representing 40% of Tempo's financial commitment to the project.

BNRG

Brenmiller Energy Achieves Significant Project Milestone, On-Track To Save Tempo Beverages $7.5M In Energy Costs Using Thermal Energy Storage,  Representing 40% Of Tempo's Financial Commitment To The Project

Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) shares are trading higher premarket on Monday. On Saturday, the company successfully completed its 16th launch of the year, deploying a satellite for <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42635442/rocket-lab-successfully-deploys-satellite-for-synspective-caps-off-year-with-60-increase-in-launch" rel="noreferrer noopener">Japanese Earth-observation operator</a> Synspective.
This marks the sixth of 16 planned Electron launches for Synspective. Rocket Lab has been Synspective&#8217;s exclusive launch provider since their first mission together in December 2020.
The &#8220;Owl The Way Up&#8221; mission launched from Rocket Lab&#8217;s Launch Complex 1 in Mahia, New Zealand, on December 22 at 03:17 NZT, successfully deploying a single StriX satellite into orbit via the Electron launch vehicle.
Rocket Lab founder and CEO Sir Peter Beck stated, &#8220;We look forward to continuing to increase our launch cadence in the new year as we strengthen Electron&#8217;s position as the leading small rocket globally and also enter the medium launch market with Neutron&#8217;s debut.&#8221;
Earlier this month, the company had announced &#8220;Owl The Way Up&#8221; mission, <a target="_blank" href="https://www.benzinga.com/24/12/42371072/whats-going-on-with-rocket-lab-stock-today" rel="noreferrer noopener">which is the final launch of the year</a>.
Notably, 2024 has been a remarkable year for Rocket Lab, with 16 launches so far, surpassing its previous annual record of 10 missions in 2023.
The company maintained a perfect 100% mission success rate for all 2024 launches. The company has scheduled the next Electron launch for Q1 2025.
Last week, Rocket Lab successfully delivered its second Pioneer spacecraft to Vandenberg Space Force Base and completed production <a target="_blank" href="https://www.benzinga.com/general/space/24/12/42539487/whats-going-on-with-rocket-lab-stock-tuesday-2" rel="noreferrer noopener">and testing of a third spacecraft for Varda</a>.
Investors can gain exposure to the stock via&nbsp;Procure Space ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFO#NASDAQ">UFO</a>) and&nbsp;SPDR S&amp;P Kensho Final Frontiers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROKT#NYSE">ROKT</a>).
Price Action: RKLB shares are up 1.61% at $25.27 premarket at the last check on Monday.
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42470053/josh-brown-unveils-the-degen-dow-a-basket-of-30-retail-darlings-spanning-all-major-degen-food-groups" target="_blank" rel="noreferrer noopener">Josh Brown Unveils The &#8216;Degen Dow,&#8217; A Basket Of 30 Retail Darlings Spanning All &#8216;Major Degen Food Groups&#8217;</a></li>
</ul>

Equities

Large Cap

Tech

RKLB

ROKT

Rocket Lab Ends 2024 With 16th Launch, Stock Gains

Loop Capital analyst Alan Gould maintains News (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWSA#NASDAQ">NWSA</a>) with a Buy and lowers the price target from $44 to $41.

NWSA

Loop Capital Maintains Buy on News, Lowers Price Target to $41

Xerox Holdings shares are trading higher after the company announced it agreed to acquire Lexmark International from Ninestar Corporation, PAG Asia Capital and Shanghai Shouda Investment Centre.

Macro Economic Events

Econ #s

Economics

Chicago Fed National Activity For November -0.12 Vs -0.40 Prior (Revised To -0.50)

On Monday, La Rosa Holdings Corp (NASDAQ:&nbsp;LRHC) announced it will offer Bitcoin (CRYPTO: BTC/USD) and <a target="_blank" href="https://www.benzinga.com/topic/bitcoin" rel="noreferrer noopener">other cryptocurrencies</a> as a payment option for its network of agents.
This initiative allows agents to receive certain payments in digital assets, marking a progressive step toward integrating blockchain technology into real estate transactions.
The plan addresses the growing demand for alternative payment methods among agents and clients.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/12/42631016/taiwan-semiconductor-expands-in-japan-sony-and-denso-among-first-customers" rel="noreferrer noopener">Taiwan Semiconductor Expands in Japan: Sony and Denso Among First Customers</a>
CTO Alex Santos noted that cryptocurrency payments are a natural evolution in the company&#8217;s commitment to innovation and broker empowerment. S
antos flagged how blockchain technology offers the potential to streamline transactions while delivering unmatched flexibility in how agents and clients engage in the real estate market.
CEO Joe La Rosa expects the step to enable agents to receive their commissions in cryptocurrency. Rosa noted cryptocurrency payments offer faster, more secure transactions with lower fees while providing the potential for income growth through the value appreciation of digital assets.
Additionally, this initiative could create a new revenue stream for La Rosa, with the company implementing a 2% fee for agents who receive cryptocurrency payments.
Price Action: LRHC stock closed higher by 18.7% at $0.8072 on Friday.
Also Read:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42627181/blackberry-growth-hinge-on-iot-secure-communications-despite-valuation-concerns-analyst" target="_blank" rel="noreferrer noopener">BlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst</a></li>
</ul>

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

Cryptocurrency

Exclusives

LRHC

EXCLUSIVE: La Rosa Adds Bitcoin and Crypto Payment Options For Network Agents

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the<a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Commercial Metals Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>)</h3>
<ul>
<li>On Dec. 12, UBS analyst Curt Woodworth downgraded Commercial Metals from Buy to Sell and lowered the price target from $62 to $56. The company's stock fell around 19% over the past month and has a <a href="https://www.benzinga.com/quote/CMC">52-week low of $47.42</a>.</li>
<li>RSI Value: 27&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>CMC Price Action: Shares of Commercial Metals gained 1.5% to close at $50.27 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1">latest CMC news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="838" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082656/image-185.png" alt="" class="wp-image-704163" style="width:586px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082656/image-185.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082656/image-185-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082656/image-185-768x710.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>)</h3>
<ul>
<li>On Dec. 19, Citigroup analyst Alexander Hacking maintained Cleveland-Cliffs with a Neutral and lowered the price target from $12.5 to $11. The company's stock fell around 25% over the past month and<a href="https://www.benzinga.com/quote/CLF"> has a 52-week low</a> of $9.13.</li>
<li>RSI Value: 28</li>
<li>CLF Price Action: Shares of Cleveland-Cliffs gained 0.5% to close at $9.38 on Friday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1">trend in CLF stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="916" height="845" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082719/image-186.png" alt="" class="wp-image-704164" style="width:541px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082719/image-186.png 916w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082719/image-186-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082719/image-186-768x708.png 768w" sizes="(max-width: 916px) 100vw, 916px" /></a></figure>
<h3 class="wp-block-heading">Quaker Chemical Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWR#NYSE">KWR</a>)</h3>
<ul>
<li>On Nov. 18, Quaker Houghton board appointed Joseph Berquist as CEO and President, and a member of Board. The company's stock fell around 15% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/KWR">low of $137.65</a></li>
<li>RSI Value: 24</li>
<li>KWR Price Action: Shares of Quaker Chemical fell 1.7% to close at $138.61 on Friday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1">KWR shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="860" height="843" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082832/image-187.png" alt="" class="wp-image-704169" style="width:574px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082832/image-187.png 860w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082832/image-187-300x294.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23082832/image-187-768x753.png 768w" sizes="(max-width: 860px) 100vw, 860px" /></a></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42616196/jim-cramer-likes-walmart-recommends-buying-this-very-very-good-financial-stock">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></li>
</ul>

Long Ideas

Top 3 Materials Stocks That May Rocket Higher In December

AILEW

Trading Halt: Halt status updated at 8:30:00 AM ET: Quotation Resumption: News and Resumption Times

Market-Moving Exclusives

EXCLUSIVE: La Rosa Holdings Tells Benzinga Co. To Offer Bitcoin And Cryptocurrency Payment Options To Its Real Estate Agents

Google-parent 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>) has laid out its remedies proposal in the high-stakes <a href="https://www.benzinga.com/quote/GOOGL/news">search distribution case</a> with the Department of Justice (DOJ). 
JPMorgan analyst Doug Anmuth notes that Google's focus on non-exclusivity and increased flexibility aligns with its strategy to limit regulatory overreach. However, investors should also turn their attention to Google's operational strength, which could be a significant driver of long-term value.
<h2 class="wp-block-heading">Alphabet&#8217;s Remedies In DOJ Case</h2>
Google's proposal, filed on Dec. 20, sidesteps the harsher measures suggested by the DOJ, such as divestiture of Chrome or Android. Instead, the company's remedies focus on removing search exclusivity in browser and Android agreements and giving partners greater flexibility. 
This should allow partners like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and mobile carriers to preload multiple search engines. This shift could create opportunities for competitors, including Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), to vie for top spots.
Anmuth expects the judge's final decision in August 2025 to strike a balance between the DOJ and Google's proposals, likely considering user impacts. Still, the timing of remedy enforcement, appeals and potential injunctions adds uncertainty to financial implications.
Read Also: <a href="https://www.benzinga.com/24/12/42641018/google-faced-intense-scrutiny-post-chatgpt-leading-up-to-declaring-code-red-but-gemini-20-and-quantum-chip-gives-investors-renewed-confidence">Google Entered &#8216;Code Red&#8217; After ChatGPT Release, But Gemini 2.0 And Quantum Chip Give Investors &#8216;Renewed Confidence,&#8217; Says This Portfolio Manager</a>
<h2 class="wp-block-heading">&#8216;Tremendous Innovation In AI&#8217;, &#8216;New Buyback&#8217; Likely</h2>
While the legal battle unfolds, Alphabet's fundamentals remain robust. Anmuth emphasizes that Alphabet is demonstrating "tremendous innovation in AI," which continues to bolster healthy Search and overall ad revenue growth.
The company's ability to "durably re-engineer the cost base and expand margins" further strengthens its financial position. Moreover, Alphabet &#8220;will likely announce a new buyback authorization at 1Q earnings,&#8221; signaling confidence in future cash flows, says Anmuth.
<h2 class="wp-block-heading">Alphabet Among JPMorgan&#8217;s 2025 Top Picks</h2>
JPMorgan sees Alphabet as &#8220;one of our 2025 Top Picks&#8221;, alongside Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>). Anmuth projects a December 2025 price target of $232, supported by Alphabet's strong 30%+ operating income margin and double-digit percentage revenue growth. 
Beyond ads, Alphabet's non-ad businesses like Cloud and YouTube subscriptions hold significant growth potential. Meanwhile, ventures like Waymo and Verily offer optionality for future value.
<h2 class="wp-block-heading">The Road Ahead For Alphabet Stock Investors</h2>
Investor focus is shifting toward how a new administration could influence final remedies due in March 2025. A potential settlement or adjustments in Apple's search agreements could also sway outcomes. 
The court case may cast a shadow though Alphabet's core strengths are intact. Despite the regulatory noise, Alphabet stock remains a compelling play for investors seeking exposure to a leader in AI and digital transformation.
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Alphabet Defends DOJ Case, 'New Buyback' Likely From This '2025 Top Pick'

On December 20, 2024, Superior Group of Companies, Inc. (the "Company") entered into a 10b5-1 trading plan (the "Plan") for the purpose of repurchasing up to $2,580,000.00 in shares of the Company's outstanding common stock (the "Repurchase Limit") in accordance with the previously-announced share repurchase program authorized by the Company's Board of Directors on August 9, 2024. The Plan is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The Plan allows the Company to repurchase shares up to the Repurchase Limit commencing December 20, 2024 and ending on the earlier of the date on which the Repurchase Limit is reached, March 13, 2025, or other events specified in the Plan. Repurchases of common stock under the Plan will be administered through an independent broker and are subject to certain price, market, volume and timing constraints specified in the Plan.

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Superior Group Announces Trading Plan For $2.58M Stock Buyback, Effective December 20 To March 13, 2025

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