Latest news for  (OTC:IGBSF) Stock

HC Wainwright &amp; Co. analyst Edward White reiterates Syndax Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDX#NASDAQ">SNDX</a>) with a Buy and maintains $41 price target.

News

Price Target

Reiteration

Analyst Ratings

SNDX

HC Wainwright & Co. Reiterates Buy on Syndax Pharmaceuticals, Maintains $41 Price Target

Raymond James analyst Frank Louthan downgrades Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) from Market Perform to Underperform.

Downgrades

CHTR

Raymond James Downgrades Charter Communications to Underperform

Northcoast Research analyst John Healy upgrades Brunswick (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BC#NYSE">BC</a>) from Neutral to Buy and announces $100 price target.

Upgrades

Northcoast Research Upgrades Brunswick to Buy, Announces $100 Price Target

TD Cowen analyst Andrew Charles reiterates McDonald's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) with a Buy and maintains $285 price target.

TD Cowen Reiterates Buy on McDonald's, Maintains $285 Price Target

Piper Sandler believes Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) may have solved the autonomous vehicle puzzle. Despite CEO Elon Musk&#8217;s track record of overpromising, the analyst highlighted the latest version of <a href="https://www.benzinga.com/news/24/07/40005002/tesla-ceo-elon-musk-gives-fresh-timeline-for-fsd-access-on-cybertruck-says-it-should-be-coming-out-i">Tesla&#8217;s Full Self-Driving as the real deal</a>.
What Happened: Piper Sandler analyst Alexander Potter maintained Tesla with an <a href="https://www.benzinga.com/analyst-stock-ratings">Overweight rating</a> on Sunday, noting that recent advancements in the EV maker&#8217;s Full Self-Driving technology appear to be underappreciated.
Based on recent reviews on the X social media platform, the Piper Sandler analyst believes the latest Full Self-Driving software from Tesla, version 12.5, is &#8220;revolutionary.&#8221;
&#8220;We think investors should consider the possibility that Tesla&#8217;s decision to host a robo-taxi event (October 10th) isn&#8217;t a ploy to distract from falling EV sales. Instead, it could catalyze a realization that FSD matters more than anything else,&#8221; Potter said in a note to clients this week.
Tesla shares are down nearly 7% year-to-date. Despite reporting a couple of weak quarters, Musk&nbsp;has downplayed the results and shifted investor attention toward his vision for the future around <a href="https://www.benzinga.com/topic/ai">AI</a>, Full Self-Driving and robotaxis.&nbsp;
Potter argues that Musk&#8217;s focus is in the right place. A majority of Piper Sandler&#8217;s price forecast is based on Full Self-Driving revenue assumptions. If you take Full Self-Driving out of the equation, Piper Sandler&#8217;s model implies fair value of just $77 per share. 
&#8220;If investors own TSLA at this valuation, we think they must implicitly believe in FSD,&#8221; Potter said. 
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39938160/8-tesla-analysts-size-up-margins-fsd-robotaxis-new-evs-as-stock-tanks-the-realities">8 Tesla Analysts Size Up Margins, FSD, Robotaxis, New EVs As Stock Tanks: &#8216;The Realities Of Today Vs. The Dreams Of Tomorrow&#8217;</a>
The Piper Sandler analyst expects Full Self-Driving take-rates to inflect &#8220;sharply upward,&#8221; beginning around 2030. The analyst further anticipates approximately 100% fleet-wide Full Self-Driving adoption in 20 years. 
Further adding to the analyst&#8217;s Full Self-Driving thesis, Potter expects subscription prices to eventually rise to more than $500 per month, up from the current price of $99 per month. 
&#8220;We also think Tesla will eventually sell EVs for ~$31k apiece, at 0% gross margin &#8230; but ultimately, just like cheap flip-phones, we don&#8217;t think anyone will buy non-FSD cars,&#8221; Potter said. 
Potter expects Tesla&#8217;s <a href="https://www.benzinga.com/topic/tesla-fsd">Full Self-Driving</a> to be a major driver of margin expansion, starting in the late 2020s, as he anticipates 90% gross margin on Full Self-Driving-related revenue. Piper Sandler has a price target of $300 on Tesla shares.
TSLA Price Action: Tesla shares were up 5.65% at $232.22 at the time of publication Monday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/40009883/senior-tesla-executive-reveals-cybertruck-range-extender-will-not-be-removable-to-avoid-safety-risks">Senior Tesla Executive Reveals Cybertruck Range Extender Will Not Be Removable To Avoid Safety Risks</a></li>
</ul>
Photo: Courtesy of Tesla.

Analyst Color

Long Ideas

Tech

Trading Ideas

TSLA

Tesla Analyst Says Full Self-Driving 'Matters More Than Anything Else,' Latest Version Is 'Revolutionary,' Will Take Stock To $300

Craig-Hallum analyst George Sutton maintains WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) with a Buy and raises the price target from $12 to $15.

Craig-Hallum Maintains Buy on WisdomTree, Raises Price Target to $15

Former President Donald Trump promised that if reelected, he would remove Gary Gensler from his position as Chair of the <a href="https://markets.businessinsider.com/news/etf/exclusive-why-gary-gensler-should-ve-held-the-line-on-bitcoin-etfs-and-sec-s-biggest-mistake-1033007268?op=1">Securities and Exchange Commission</a> (SEC).
What Happened: This <a href="https://x.com/VentureCoinist/status/1817306455441043734">declaration</a> has quickly become one of Trump&#8217;s most potent talking points, striking a chord with cryptocurrency enthusiasts who have long been at odds with Gensler&#8217;s regulatory stance.
Trump&#8217;s statement, delivered with his characteristic bravado at the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/24/07/40008257/kamala-harris-not-liked-by-crypto-crowd-trump-may-be-preferred-as-bitcoin-awaits-100k">conference</a>, tapped into a wellspring of frustration within the crypto community.
Gensler, appointed by President Biden in 2021, has been a controversial figure in the world of digital assets, often criticized for what many perceive as an overly aggressive approach to <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39667693/crypto-regulation-sparks-legal-spats-ripple-sec-and-pending-s-1-approvals-in-focus">cryptocurrency regulation</a>.
However, the feasibility of Trump&#8217;s promise is far from certain. 
The president&#8217;s authority to dismiss the SEC chair is a matter of legal ambiguity, with no clear precedent in U.S. history. 
The SEC was established as an independent agency, with commissioners, including the chair, typically serving fixed terms to shield them from political interference.
Some <a href="https://www.benzinga.com/markets/cryptocurrency/23/12/36427850/will-gary-gensler-survive-2-republican-house-members-attempt-to-oust-sec-chair">Republican lawmakers</a> have attempted to address this issue directly.
They&#8217;ve introduced legislation aimed at granting the president the power to remove the SEC chair. 
However, constitutional experts are skeptical about the viability of such a move, suggesting that any attempt to forcibly remove Gensler would likely face significant legal hurdles and potential Supreme Court scrutiny.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Why It Matters: Adding another layer to this complex situation, recent reports suggest that the entire debate might be rendered moot.
According to analysis from 10x Research, Gensler is expected to step down from his position in 2025, following the conclusion of <a href="https://www.benzinga.com/content/39890405/sec-chair-gary-gensler-likely-to-resign-in-2025-following-bidens-exit-10x-research">President Biden&#8217;s current term</a>.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40012557/key-bitcoin-indicators-reveal-whether-this-rally-is-when-75k-breaks">Key Bitcoin Indicators Reveal Whether This Rally Is When $75K Breaks</a>
This prediction aligns with the longstanding tradition of SEC chairs resigning when a new administration takes office, particularly when there&#8217;s a shift in the political party occupying the White House.
The potential departure of Gensler, whether through resignation or a hypothetical dismissal, could signal a significant shift in the regulatory landscape for cryptocurrencies. 
Under Gensler&#8217;s leadership, the SEC has taken a hard line on <a href="https://www.benzinga.com/markets/cryptocurrency/21/08/22327833/where-sec-chief-gary-gensler-stands-on-crypto-regulation">crypto regulation</a>, arguing that many digital assets should be classified as securities and thus fall under the agency&#8217;s purview.
This approach has led to high-profile legal battles with major players in the crypto industry, including Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) and Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
Trump&#8217;s promise to remove Gensler has reignited debates about the role of government oversight in the rapidly evolving world of digital assets. 
Supporters of the former president&#8217;s stance argue that less regulation would foster innovation and <a href="https://www.benzinga.com/general/gaming/24/07/40003000/top-trump-trade-isnt-the-dollar-but-gold-as-survey-participants-foresee-severe-disruptions-to-mark">economic growth</a> in the crypto sector.
Critics, however, warn that a more hands-off approach could leave investors vulnerable to fraud and market manipulation.
As the 2024 presidential election looms, the future of cryptocurrency regulation has emerged as a significant campaign issue. 
The stark contrast between the current administration&#8217;s approach and Trump&#8217;s promises highlights the potential for dramatic policy shifts depending on the election&#8217;s outcome.
As this debate continues to evolve, industry leaders, regulators, and investors are eagerly anticipating further discussion on these critical issues at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39992521/polymarket-trader-down-130-000-on-daredevil-bet-as-michelle-obamas-nominee-odds-tumble">Polymarket Trader Down $130,000 On Daredevil Bet As Michelle Obama&#8217;s Nominee Odds Tumble</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

$XRP

COIN

Trump's Bitcoin Conference Pledge: Can He Really Fire SEC Chair Gensler?

B of A Securities analyst Omar Dessouky maintains Magnite (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) with a Buy and raises the price target from $15 to $17.

MGNI

B of A Securities Maintains Buy on Magnite, Raises Price Target to $17

BMO Capital analyst Fadi Chamoun maintains Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) with a Market Perform and lowers the price target from $500 to $480.

SAIA

BMO Capital Maintains Market Perform on Saia, Lowers Price Target to $480

Northland Capital Markets analyst Nehal Chokshi downgrades SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) from Outperform to Market Perform and raises the price target from $205 to $209.

SPSC

Northland Capital Markets Downgrades SPS Commerce to Market Perform, Raises Price Target to $209

Texas To Consider Penalizing CenterPoint For Storm Response Failures

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.00</td>
<td>$31.4K</td>
<td>40</td>
<td>2.5K</td>
</tr>
<tr>
<td>ENVX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$14.00</td>
<td>$55.0K</td>
<td>350</td>
<td>2.2K</td>
</tr>
<tr>
<td>UBER</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/02/24</td>
<td>$65.00</td>
<td>$49.5K</td>
<td>788</td>
<td>1.9K</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$119.00</td>
<td>$45.1K</td>
<td>0</td>
<td>1.4K</td>
</tr>
<tr>
<td>BR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$220.00</td>
<td>$187.7K</td>
<td>19</td>
<td>276</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$42.00</td>
<td>$72.5K</td>
<td>4.8K</td>
<td>250</td>
</tr>
<tr>
<td>NOC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$460.00</td>
<td>$193.0K</td>
<td>677</td>
<td>207</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$10.00</td>
<td>$47.2K</td>
<td>396</td>
<td>200</td>
</tr>
<tr>
<td>PAYC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$165.00</td>
<td>$30.5K</td>
<td>117</td>
<td>137</td>
</tr>
<tr>
<td>XPO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$110.00</td>
<td>$105.0K</td>
<td>507</td>
<td>98</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bullish sentiment. It expires in 207 day(s) on February 21, 2025. Parties traded 1013 contract(s) at a $8.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $31.0 per contract. There were 40 open contracts at this strike prior to today, and today 2539 contract(s) were bought and sold. 
• For ENVX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on August 2, 2024. This event was a transfer of 500 contract(s) at a $14.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 350 open contracts at this strike prior to today, and today 2249 contract(s) were bought and sold. 
• For UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on August 2, 2024. This event was a transfer of 500 contract(s) at a $65.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $99.0 per contract. There were 788 open contracts at this strike prior to today, and today 1947 contract(s) were bought and sold. 
• Regarding MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we observe a put option sweep with bullish sentiment. It expires in 11 day(s) on August 9, 2024. Parties traded 902 contract(s) at a $119.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $50.0 per contract. There were 0 open contracts at this strike prior to today, and today 1496 contract(s) were bought and sold. 
• Regarding BR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BR#NYSE">BR</a>), we observe a call option sweep with bullish sentiment. It expires in 109 day(s) on November 15, 2024. Parties traded 276 contract(s) at a $220.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $187.7K, with a price of $680.0 per contract. There were 19 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold. 
• For DAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), we notice a put option trade that happens to be bearish, expiring in 172 day(s) on January 17, 2025. This event was a transfer of 250 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $72.5K, with a price of $290.0 per contract. There were 4844 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold. 
• For NOC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on August 16, 2024. This event was a transfer of 100 contract(s) at a $460.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $193.0K, with a price of $1930.0 per contract. There were 677 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold. 
• For LYFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), we notice a call option trade that happens to be bullish, expiring in 508 day(s) on December 19, 2025. This event was a transfer of 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $47.2K, with a price of $472.0 per contract. There were 396 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For PAYC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>), we notice a put option sweep that happens to be bullish, expiring in 18 day(s) on August 16, 2024. This event was a transfer of 28 contract(s) at a $165.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $1090.0 per contract. There were 117 open contracts at this strike prior to today, and today 137 contract(s) were bought and sold. 
• For XPO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>), we notice a call option sweep that happens to be bullish, expiring in 109 day(s) on November 15, 2024. This event was a transfer of 79 contract(s) at a $110.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $105.0K, with a price of $1333.0 per contract. There were 507 open contracts at this strike prior to today, and today 98 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ENVX

LYFT

PAYC

UBER

10 Industrials Stocks With Whale Alerts In Today's Session

Northland Capital Markets analyst Mike Grondahl maintains WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) with a Outperform and raises the price target from $12 to $13.5.

Northland Capital Markets Maintains Outperform on WisdomTree, Raises Price Target to $13.5

Shares of Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), the largest company in the world, have seen an impressive year-to-date performance up over 16%. One analyst highlighted matters to look out for ahead of its <a href="https://www.benzinga.com/quote/AAPL/earnings">third-quarter earnings report on August 1</a>.
The Apple Analyst: Bank of America analyst Wamsi Mohan reiterated a Buy rating for Apple in a note published Monday (July 29); the price target remained at $256.
Apple Takeaways: Mohan predicts third-quarter revenue of $84.5 billion and EPS of $1.35. This is slightly higher than Wall Street estimates of $84.4 billion and $1.34 respectively. However, the analyst believes investors will closely watch management commentary on artificial intelligence (AI), Chinese market share and services revenue.
Apple impressed analysts with <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39503743/apple-to-gain-market-share-with-ai-smartphone-says-bullish-analyst-skate-to-where-t">its June announcement</a> of &#8220;Apple Intelligence,&#8221; an AI-powered addition to the Cupertino, California-based company&#8217;s software. A <a href="https://www.benzinga.com/news/24/07/40003714/first-iphone-16-models-may-not-have-apple-intelligence-features-as-cupertino-delays-ai-integration-f">report on Sunday</a> revealed that Apple will not ship its first Phone 16s, likely to be released this fall, with AI features. Instead, it will gradually roll out the features as the technology becomes more stable.
Mohan sees AI as a top-line revenue driver. 
&#8220;We see pent-up demand and a meaningful number of older iPhones in the installed base, and the new AI features should help drive an upgrade cycle,&#8221; the analyst said.
Mohan kept fiscal year 2025 revenue estimates largely unchanged while increasing 2026 estimates. The analyst expects an average sales price increase.
&#8220;We expect this iPhone cycle to remain strong for longer as AI feature sets (software and possibly hardware) improve in the C25 iPhone (iPhone 17). Given the staggered rollout of Apple Intelligence across regions, we expect the U.S. to be the first to upgrade and then EU/China to follow later in the cycle.&#8221;
The analyst expects an upside in 2025 for new iPads, Macs and wearables after weaker spending cycles.
Price Action: Shares of Apple were trading roughly even on Monday at $217.61, up 0.30%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/07/40014040/apple-to-follow-netflix-disney-ad-supported-appletv-streaming-plan-could-launch-soon">Apple To Follow Netflix, Disney? Ad-Supported AppleTV+ Streaming Plan Could Launch Soon</a></li>
</ul>
Photo: Shutterstock

Earnings

Equities

AAPL

Apple Analyst Turns Focus To 'Apple Intelligence,' Chinese Market Share Ahead Of Q3 Earnings

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$240.00</td>
<td>$26.3K</td>
<td>11.2K</td>
<td>72.7K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$150.00</td>
<td>$362.8K</td>
<td>13.5K</td>
<td>8.4K</td>
</tr>
<tr>
<td>LCID</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.50</td>
<td>$33.3K</td>
<td>13.4K</td>
<td>3.8K</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$72.00</td>
<td>$25.5K</td>
<td>3.3K</td>
<td>1.7K</td>
</tr>
<tr>
<td>QS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.00</td>
<td>$34.3K</td>
<td>1.5K</td>
<td>1.4K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$16.50</td>
<td>$60.5K</td>
<td>1.0K</td>
<td>974</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$28.9K</td>
<td>35.5K</td>
<td>834</td>
</tr>
<tr>
<td>UPBD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$40.00</td>
<td>$27.5K</td>
<td>21</td>
<td>501</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$150.00</td>
<td>$104.0K</td>
<td>932</td>
<td>221</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$110.00</td>
<td>$35.3K</td>
<td>1.6K</td>
<td>212</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on August 2, 2024. This event was a transfer of 101 contract(s) at a $240.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $261.0 per contract. There were 11296 open contracts at this strike prior to today, and today 72754 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on August 2, 2024. This event was a transfer of 1000 contract(s) at a $150.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $362.8K, with a price of $363.0 per contract. There were 13548 open contracts at this strike prior to today, and today 8437 contract(s) were bought and sold. 
• Regarding LCID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), we observe a put option trade with bullish sentiment. It expires in 172 day(s) on January 17, 2025. Parties traded 315 contract(s) at a $3.50 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $106.0 per contract. There were 13458 open contracts at this strike prior to today, and today 3842 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 180 contract(s) at a $72.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $142.0 per contract. There were 3340 open contracts at this strike prior to today, and today 1782 contract(s) were bought and sold. 
• Regarding QS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>), we observe a call option sweep with bullish sentiment. It expires in 109 day(s) on November 15, 2024. Parties traded 125 contract(s) at a $4.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $275.0 per contract. There were 1555 open contracts at this strike prior to today, and today 1431 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on August 16, 2024. This event was a transfer of 550 contract(s) at a $16.50 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $60.5K, with a price of $110.0 per contract. There were 1087 open contracts at this strike prior to today, and today 974 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option trade that happens to be neutral, expiring in 172 day(s) on January 17, 2025. This event was a transfer of 24 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $28.9K, with a price of $1208.0 per contract. There were 35515 open contracts at this strike prior to today, and today 834 contract(s) were bought and sold. 
• Regarding UPBD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPBD#NASDAQ">UPBD</a>), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on August 16, 2024. Parties traded 500 contract(s) at a $40.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $55.0 per contract. There were 21 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a call option trade that happens to be bearish, expiring in 235 day(s) on March 21, 2025. This event was a transfer of 100 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $104.0K, with a price of $1040.0 per contract. There were 932 open contracts at this strike prior to today, and today 221 contract(s) were bought and sold. 
• For DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on August 16, 2024. This event was a transfer of 62 contract(s) at a $110.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $571.0 per contract. There were 1673 open contracts at this strike prior to today, and today 212 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

CVNA

DASH

LCID

Citigourp Global Markets 2% Protected Notes Linked To The Djia

RIVN

SBUX

UPBD

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Meta Platforms Says Meta Quest V68 Software Update Begins Rolling Out Today

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$115.00</td>
<td>$41.7K</td>
<td>29.8K</td>
<td>91.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$141.00</td>
<td>$28.6K</td>
<td>404</td>
<td>3.1K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$32.00</td>
<td>$36.0K</td>
<td>5.4K</td>
<td>2.7K</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$20.50</td>
<td>$28.6K</td>
<td>2.4K</td>
<td>2.0K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$165.00</td>
<td>$35.0K</td>
<td>1.9K</td>
<td>1.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/02/24</td>
<td>$720.00</td>
<td>$29.2K</td>
<td>886</td>
<td>1.9K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$12.00</td>
<td>$27.0K</td>
<td>14.2K</td>
<td>1.6K</td>
</tr>
<tr>
<td>ARM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$100.00</td>
<td>$76.7K</td>
<td>0</td>
<td>1.4K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$112.00</td>
<td>$29.1K</td>
<td>2.0K</td>
<td>1.4K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$415.00</td>
<td>$25.6K</td>
<td>2.8K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 204 contract(s) at a $115.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $41.7K, with a price of $203.0 per contract. There were 29843 open contracts at this strike prior to today, and today 91171 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option trade with bullish sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 48 contract(s) at a $141.00 strike. The total cost received by the writing party (or parties) was $28.6K, with a price of $597.0 per contract. There were 404 open contracts at this strike prior to today, and today 3162 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option trade with bullish sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 400 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $90.0 per contract. There were 5425 open contracts at this strike prior to today, and today 2756 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 301 contract(s) at a $20.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $95.0 per contract. There were 2484 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option trade with bullish sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 200 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $175.0 per contract. There were 1919 open contracts at this strike prior to today, and today 1977 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on August 2, 2024. Parties traded 20 contract(s) at a $720.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $1461.0 per contract. There were 886 open contracts at this strike prior to today, and today 1948 contract(s) were bought and sold. 
• For RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on August 16, 2024. This event was a transfer of 500 contract(s) at a $12.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $54.0 per contract. There were 14267 open contracts at this strike prior to today, and today 1650 contract(s) were bought and sold. 
• For ARM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), we notice a put option sweep that happens to be bearish, expiring in 235 day(s) on March 21, 2025. This event was a transfer of 98 contract(s) at a $100.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $76.7K, with a price of $781.0 per contract. There were 0 open contracts at this strike prior to today, and today 1499 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on August 2, 2024. This event was a transfer of 280 contract(s) at a $112.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.1K, with a price of $104.0 per contract. There were 2062 open contracts at this strike prior to today, and today 1418 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option trade that happens to be bullish, expiring in 4 day(s) on August 2, 2024. This event was a transfer of 54 contract(s) at a $415.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $475.0 per contract. There were 2837 open contracts at this strike prior to today, and today 1364 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

INTC

MARA

MSFT

NVDA

RIOT

SMCI

10 Information Technology Stocks With Whale Alerts In Today's Session

Hewlett Packard Enterprise Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) is reportedly poised to receive unconditional EU antitrust approval for its $14 billion acquisition of networking gear manufacturer Juniper Networks Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>).
The deal, <a target="_blank" href="https://www.benzinga.com//node/36571415" rel="noreferrer noopener">announced in January</a>, reflects the accelerating trend among companies to enhance and innovate their products amidst the surge in AI-driven services.
The European Commission is expected to make a decision on the acquisition by August 1, Reuters reported. The commission has not provided any comments on the matter.
To address potential competition concerns within the EU, HPE is likely to emphasize the market dominance of Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), a major competitor of Juniper Networks.
This strategic move aims to mitigate any regulatory apprehensions regarding the acquisition&#8217;s impact on market competition.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39731884/hewlett-packard-enterprise-inks-pact-with-nvidia-to-power-japans-abci-3-0-to-lead-as-fastest-ai-" rel="noreferrer noopener">Hewlett Packard Enterprise Inks Pact With Nvidia To Power Japan&#8217;s ABCI 3.0 To Lead As Fastest AI Supercomputer</a>
The acquisition is also under review by the U.K.&#8217;s antitrust authority, with a decision expected by August 14. The outcome of these regulatory reviews will determine the finalization of the deal, which is set to impact the networking equipment industry.
The acquisition aligns with HPE&#8217;s strategy to bolster its capabilities in response to the increasing demand for AI-driven services.
By integrating Juniper Networks&#8217; technology, HPE aims to strengthen its product offerings and maintain a competitive edge in the rapidly evolving tech landscape.
HPE has been cautious about major acquisitions, with its most significant buy being&nbsp;the $1.5 billion purchase of&nbsp;supercomputer maker&nbsp;Cray in 2019.
Price Action: HPE shares are trading lower by 1.49% at $19.47 at last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39410071/nvidia-and-hewlett-packard-enterprise-join-forces-to-dominate-enterprise-ai-market-" target="_blank" rel="noreferrer noopener">Nvidia And Hewlett Packard Enterprise Join Forces To Dominate Enterprise AI Market: JPMorgan</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

General

CSCO

JNPR

Hewlett Packard Enterprise's $14B Juniper Networks Acquisition Set For EU Approval: Report

The idea of saving for retirement can seem daunting in <a href="https://www.benzinga.com/real-estate/24/06/39274689/amid-rising-costs-financial-strain-becomes-americas-chief-anxiety">an era of economic uncertainty</a>. However, there is a road to financial stability – and it starts with $10 per day.
An analysis issued this week by CNBC&#8217;s Make It series suggests that a modest $10 daily contribution could grow into a seven-figure sum by retirement age, given the right conditions and an early start.
Don't Miss:
<ul>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
<li>Can you guess how many retire with a $5,000,000 nest egg? &#8211;<a href="https://www.benzinga.com/money/retire-5mil-nest-egg"> How does it compare to the average?</a></li>
<li>A billion-dollar investment strategy with minimums as low as $10 —<a href="https://www.benzinga.com/money/fundrise-flagship-fund"> you can become part of the next big real estate boom today.</a></li>
</ul>
&#8220;Starting out with smaller amounts is always the winner because you can always invest more later, too,&#8221; James Royal, principal investing and wealth management writer at Bankrate, told CNBC. That approach, he argues, can make the savings process less overwhelming and more sustainable over time.
The math is compelling; according to CNBC&#8217;s calculations, if a 21-year-old began setting aside roughly $10 per day ($70 per week) in a retirement investment account earning a 7% annual return, it could grow to just over $1 million by age 65.
The strategy&#8217;s power comes from the time given for investments to grow. The report said the $70 weekly contribution starting at age 25 would grow to about $803,588 by retirement while starting at age 30 would yield over $550,000.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> would you invest in it</a>?
<hr class="wp-block-separator has-alpha-channel-opacity" />
CNBC said that even with a more conservative 5% annual return, that $10 daily contribution from age 21 could still grow to over $585,000 by retirement. On the other hand, in a more bullish 9% return scenario, the same savings could balloon to over $2 million.
When it comes to retirement savings, the report noted that time is often more valuable than money. The earlier a person starts the more opportunity for compound interest to work its magic.
For those without access to employer-sponsored 401(k) plans, a Roth Individual Retirement Account (IRA) can be an attractive alternative. &#8220;That&#8217;s the perfect setup for young workers who expect to be earning more and paying higher tax rates in the future,&#8221; Royal said to CNBC. It&#8217;s worth noting that the projections don&#8217;t account for life&#8217;s unpredictabilities – job changes, market volatility, or personal financial crises. They also assume a static contribution amount, whereas, in reality, many individuals increase their savings rate as their income grows.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
Financial advisors like Fidelity often recommend aiming for a savings rate of 15% of income, including any employer match. But that target can seem out of reach for many, especially those just starting their careers. The $10-a-day approach offers a more accessible entry point.
Though, as with any long-term financial strategy, consistency is key. Even in small amounts, regular saving can create a foundation for financial stability that grows over time. At a time <a href="https://www.benzinga.com/personal-finance/24/07/39987197/where-have-all-the-pensions-gone-financial-peril-awaits-americas-near-retirees">when pensions are increasingly rare</a> and the <a href="https://www.benzinga.com/personal-finance/24/05/38943129/social-security-fears-go-viral-should-you-claim-early-like-dave-ramsey-says">future of Social Security remains uncertain</a>, taking control of retirement savings can prove critical in the future. For a generation grappling with student debt, rising housing costs, and a changing job market, the savings approach suggests that financial security in retirement is achievable for anyone willing to start small and stay consistent.
Read Next:
<ul>
<li>Don&#8217;t miss the real AI boom &#8211;<a href="https://www.benzinga.com/money/fundrise-innovation-fund"> here&#8217;s how to use just $10 to invest in high growth private tech companies.</a></li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
</ul>
Aj Fabino is an Economy &amp; Finance journalist. With experience covering complex financial topics and engaging with high-profile individuals and companies, Aj brings a unique perspective to his writing. He has a Bachelor of Science in Business Administration from Northern Illinois University. Aj&#8217;s articles are for informational purposes only and do not constitute investment advice or any investment service.

Personal Finance

How Saving Just $10 A Day Can Turn Into Over $1 Million For Retirement

Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) has outperformed the market over the past 20 years by 8.4% on an annualized basis producing an average annual return of 16.83%. Currently, Edwards Lifesciences has a market capitalization of $38.43 billion. 
Buying $100 In EW: If an investor had bought $100 of EW stock 20 years ago, it would be worth $2,203.74 today based on a price of $63.78 for EW at the time of writing.
<h3>Edwards Lifesciences's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722274340_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.

If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,200 Today

Ishares MSCI Global Semiconductors UCITS ETF USD (Acc)

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

Comments

News

Latest news for (OTC:IGBSF) Stock