Latest news for Global Interactive (NASDAQ:GITS) Stock

Global Interactive Technologies Inc, formerly Hanryu Holdings Inc is the creator of the engaging social media platform, FANTOO. Through FANTOO, it provides a multi-media platform for its users to interact with other like-minded users, share their appreciation of various types of entertainment and cultures, create their content, enjoy content, and engage in commerce.

Global Interactive Technologies, Inc. Common Stock - Common Stock

Global Interactive Technologies Inc

Mizuho analyst David Bellinger maintains CarMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) with a Neutral and raises the price target from $72 to $80.

News

Price Target

Analyst Ratings

Mizuho Maintains Neutral on CarMax, Raises Price Target to $80

JP Morgan analyst Anthony Paolone downgrades Kimco Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) from Overweight to Neutral and announces $26 price target.

Downgrades

JP Morgan Downgrades Kimco Realty to Neutral, Announces $26 Price Target

Needham analyst Joseph Stringer maintains Ionis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IONS#NASDAQ">IONS</a>) with a Buy and maintains $60 price target.

IONS

Needham Maintains Buy on Ionis Pharmaceuticals, Maintains $60 Price Target

TAOP

Taoping Announced That It Received Notification From The Nasdaq Stock Market Confirming The Company Has Been Granted An Additional 180 Calendar Day Period For Compliance Under Its Minimum Bid Price Requirement Through June 16, 2025

JP Morgan analyst Michael Mueller downgrades Healthcare Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HR#NYSE">HR</a>) from Overweight to Neutral and announces $19 price target.

JP Morgan Downgrades Healthcare Realty Trust to Neutral, Announces $19 Price Target

JP Morgan analyst Michael Mueller downgrades Lineage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINE#NASDAQ">LINE</a>) from Overweight to Neutral and lowers the price target from $78 to $75.

LINE

JP Morgan Downgrades Lineage to Neutral, Lowers Price Target to $75

HC Wainwright &amp; Co. analyst Arthur He maintains LAVA Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVTX#NASDAQ">LVTX</a>) with a Buy and lowers the price target from $6 to $2.

LVTX

HC Wainwright & Co. Maintains Buy on LAVA Therapeutics, Lowers Price Target to $2

Contracts

AECOM Says Awarded Several New Positions On Additional AMP8 UK Water Infrastructure Frameworks

SBC Medical Group Holdings Says Its Unit SBC Medical Group Co. Has Decided To Sell All Shares Of Its Subsidiaries, SBC Kijimadaira Resort Co And Skynet Academy Co

XCharge said it is committed to sound corporate governance and transparent communication with its shareholders. The Company's operations continue as normal, and its financial condition remains strong.
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XCHG Says It Is Not Aware Of Any Material News Or Events That Would Account For Unusual Trading Activity

<a href="https://www.nhtsa.gov/search-safety-issues#recall_43">December 17, 2024 NHTSA CAMPAIGN NUMBER: 24V935000</a>
<a href="https://www.nhtsa.gov/search-safety-issues#recall_43">TPMS Light May Not Remain Illuminated/FMVSS 138</a>
<a href="https://www.nhtsa.gov/search-safety-issues#recall_43">Software Update Repairs Recall</a>
<a href="https://www.nhtsa.gov/search-safety-issues#recall_43">Driving with improperly inflated tires increases the risk of a crash.</a>
NHTSA Campaign Number:&nbsp;24V935000
Manufacturer&nbsp;Tesla, Inc.
Components&nbsp;TIRES
Potential Number of Units Affected&nbsp;694,304
Summary
Tesla, Inc. (Tesla) is recalling certain 2024 Cybertruck, 2017-2025 Model 3, and 2020-2025 Model Y vehicles. The tire pressure monitoring system (TPMS) warning light may not remain illuminated between drive cycles, failing to warn the driver of low tire pressure. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 138, "Tire Pressure Monitoring Systems."
Remedy
Tesla released an over-the-air (OTA) software update, free of charge. Owner notification letters are expected to be mailed February 15, 2025. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-24-00-018.
Notes
Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to <a href="http://www.nhtsa.gov" title="www.nhtsa.gov">www.nhtsa.gov</a>.

TSLA

NHTSA Announced Earlier, Tesla Recalls 2024 Cybertruck, 2017-2025 Model 3, And 2020-2025 Model Y For TPMS Warning Light Issue; OTA Fix Released, Owner Notification Letters To Be Mailed Feb. 15, 2025

Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) chief Hock Tan expressed enormous conviction over the sustainability of the <a target="_blank" href="https://www.benzinga.com/topic/ai" rel="noreferrer noopener">artificial intelligence frenzy</a> as Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and TikTok parent ByteDance splurged on designing custom processors that accelerate training and deployment of AI systems, the Financial Times reports.
Reportedly, OpenAI and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) also tapped Broadcom to develop their AI server chips to diversify their exposure to Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Broadcom stock has surged over 101% year-to-date.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/downgrades/24/12/42561430/match-group-analyst-flags-tinder-woes-industry-challenges-for-stock-downgrade" rel="noreferrer noopener">Match Group Analyst Flags Tinder Woes, Industry Challenges For Stock Downgrade</a>
Tan <a target="_blank" href="https://www.ft.com/content/5b4160b7-6920-4bf2-a1a8-f1404b513d8f" rel="noreferrer noopener">told</a> FT that he expected the demand to continue for at least ten years, citing their enormous return potential.
Tan stressed to the FT that clients were intensely ramping up AI infrastructure investment plans spanning three to five years.
He does not expect the phenomenon to lose steam until his clients run out of finances.
Last week, Tan told investors Broadcom <a target="_blank" href="https://www.benzinga.com//node/42488220" rel="noreferrer noopener">could generate</a> tens of billions of dollars in additional annual revenue from AI chips by 2027.
Tan&#8217;s experience and dealmaking prowess fuelled speculation of rescuing struggling chipmaker Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>). However, Tan claimed no hostile offers since 2018, when it was tracking Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), which succumbed to regulatory opposition.
Tan backed his thesis by citing investments by OpenAI and Elon Musk&#8217;s xAI in data centers in 2024.
Tan told the FT that its customers will build clusters of up to 1 million AI chips by 2027. However, Tan said that even 1 million chips may not suffice the AI ambitions of OpenAI and Anthropic.
Broadcom&#8217;s stock price rallied 24% in a single day last Friday after its AI revenues had surged by 220% in fiscal 2024. The chipmaker added over $200 billion to its market cap, breaching the $1 trillion milestone for the first time.
Rosenblatt&#8217;s Hans Mosesmann&nbsp;expects <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42489281/broadcoms-ai-chip-leadership-puts-pressure-on-nvidia-and-marvell-analysts-say" rel="noreferrer noopener">Broadcom&#8217;s growing moat</a> in expanding custom-chip (ASIC) AI and surging AI opportunities to intensify the rivalry with Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Nvidia. B of A Securities&#8216; Vivek Arya&nbsp;credited Broadcom with maintaining a position at customer Apple.
Investors can gain exposure to Broadcom through Amplify ETF Trust Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>) and First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDIV#NASDAQ">TDIV</a>).
Price Action:&nbsp;AVGO stock closed lower by 2.37% at $218.32 Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42561240/salesforces-ai-powered-agentforce-20-spurs-analyst-upgrades-and-growth-optimism" target="_blank" rel="noreferrer noopener">Wall Street Analysts Are Bullish On Salesforce&#8217;s AI Vision &#8211; Here&#8217;s Why</a></li>
</ul>
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QCOM

TDIV

Broadcom Expects Decade-Long AI Chip Boom as Big Tech Invest Billions

HC Wainwright &amp; Co. analyst Yi Chen reiterates Veru (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERU#NASDAQ">VERU</a>) with a Buy and maintains $3 price target.

Reiteration

VERU

HC Wainwright & Co. Reiterates Buy on Veru, Maintains $3 Price Target

ALSA

Alpha Star Acquisition Corporation Reveals Receipt Of Letter From Nasdaq Regarding Failure To Complete Initial Business Combination

Offerings

ENGN

Engene Holdings Said Entered Into Open Market Sale Agreement, May Offer & Sell Common Shares Of Up To $100M

VRCA

Verrica Provides Business And Operational Update: Says Dispensed Applicator Units In Q4 Have Exceeded Complete Prior Quarter Even With Significant Cost Reductions In Sales And Operational Infrastructure, Observed Significant Reduction In Ycanth Distributor Inventory Levels

The Company has issued a Worker Adjustment and Retraining Notification&nbsp;Act (WARN Act) notice (the Notice) to its employees at the Company's Bolingbrook, Illinois and Troy, Michigan facilities, as well as to substantially all of its remaining employees in the states of Illinois and Michigan.&nbsp;
Hyzon cited its inability to raise funding and the future uncertainty relating to the availability of government subsidies, most notably the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, which the Company believes has caused certain of its customers to slow down or suspend their purchasing decisions.
If the Company cannot raise funds or find a buyer, it is expected that the reduction in force will be completed in February 2025.

HYZN

Hyzon Issues Worker Adjustment And Retraining Notification, Citing Its Inability To Raise Funding And The Future Uncertainty Relating To Availability Of Government Subsidies

HC Wainwright &amp; Co. analyst Andrew Fein reiterates Prothena Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTA#NASDAQ">PRTA</a>) with a Buy and lowers the price target from $84 to $48.

PRTA

HC Wainwright & Co. Reiterates Buy on Prothena Corp, Lowers Price Target to $48

Guidance

Winnebago Industries Sees FY25 Revenues Of $2.9B-$3.2B Vs. $2.99B Estimate, Projects Adjusted Eps Of $3.10-$4.40 Vs. $3.39 Estimate (Compared With A Prior Range Of $3.00-$4.50)

The seven-year agreement strengthens Air Industries' pivotal role in supporting one of the U.S. Department of Defense's most important procurement programs.

AIRI

Air Industries Secures Long-term Contract Valued At More Than $33M To Manufacture, Supply Complex Components For CH-53K King Stallion Helicopter Program

The Arena Group Holdings, Inc. Common Stock

Arena Group Holdings

Cheer Holding, Inc. - Class A Ordinary Share

Cheer Holding

Fangdd Network Group Ltd. - Class A Ordinary Shares

Fangdd Network Group

Phoenix New Media Limited American Depositary Shares, each representing 48 Class A ordinary shares.

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