Option chain shows key data for 's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for .

 (OTC:ISRIF) Stock, Option Chain

Kingsoft Cloud Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) reported quarterly sales of $1.885 billion which missed the analyst consensus estimate of $1.933 billion by 2.46 percent. This is a 16.00 percent increase over sales of $1.625 billion the same period last year.

Earnings

News

Kingsoft Cloud Holdings Q3 Sales RMB1.885B Miss RMB1.933B Estimate, Adj. Net Loss RMB236.7M Vs. RMB313.3M YoY

U.S. stocks could open on a negative note on Tuesday after the <a href="https://www.benzinga.com/news/econ-s/24/11/42017118/stocks-tumble-as-traders-rethink-feds-action-vix-spikes-17-nasdaq-erases-back-post-trump-gains-whats-driving-markets-friday">averages maintained a cautious stance last week</a>. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street.
Economic data and Federal Reserve chair Jerome Powell's comments about the future of rate cuts dampened the sentiment. Powell said the Federal Open Market Committee (FOMC) is not in a hurry after economic data showed strength.
Geopolitical tensions are weighing on investor sentiment, as Russian President Vladimir Putin expanded the country's nuclear doctrine, according to reports <a href="https://tass.com/politics/1874437">by</a> the TASS news agency.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.36%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.47%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.62%</td>
</tr>
<tr>
<td>R2K</td>
<td>-1.29%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.35% to $586.11 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 0.29% to $498.58, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
U.S. stocks closed on a mixed note on Monday, with the Dow Jones closing in the red while the Nasdaq and S&amp;P 500 edged up.
Crude oil prices remained under the $70 mark, edging lower after rebounding due to disruptions in Norway.
Treasury yields eased marginally amid a broader risk-off sentiment.
On the economic data front, the NAHB/Wells Fargo Housing Market Index climbed to 46 in November from 43 in October, recording the highest reading in seven months.
Most sectors on the S&amp;P 500 closed on a positive note, with energy, communication services, and consumer discretionary stocks recording the biggest gains on Monday.
However, industrial stocks bucked the overall market trend, closing the session lower.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.60%</td>
<td>18,791.81</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.39%</td>
<td>5,893.62</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.13%</td>
<td>43,389.60</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.11%</td>
<td>2,306.34</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Tom Lee, head of research at FundStrat Global Advisors, noted <a href="https://www.cnbc.com/video/2024/11/18/watch-cnbcs-full-interview-with-fundstrat-global-advisors-tom-lee.html">in</a> an interview with CNBC that the "Trump trade" is still intact despite it losing some steam over the past week.
He underscored that as uncertainty reduces around President-elect Donald Trump's announcement of Treasury Secretary, it will be a "clearing event" for the markets.
He also believes that although Fed chair Powell said there is no need to rush with rate cuts, the expectations for the number of cuts over the next year remain the same. Essentially, it's only a matter of timing, according to Lee.
With Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) set to announce its results this week, Lee thinks that it will be another "clearing event" for the markets.
"Markets get very hesitant in front of Nvidia's earnings. Once that is behind us, we'll see that the demand is strong and I think markets breathe a sigh of relief."
WisdomTree and Wharton School economist&nbsp;Jeremy Siegel reiterated his bull thesis but noted that higher rates could lead to some volatility in the near term.
"Equities still offer superior returns over the longer term compared to bonds," he said, as investors turn their eye towards the Federal Open Market Committee's (FOMC) next meeting.
Expectations of a further 25 basis point rate cut in December have fallen to just 65% now, down from 72% last week, according <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">to</a> CME Group's FedWatch tool.
"With long-term rates climbing, the market's trajectory will depend heavily on not only economic data but a clarification Trump's policies on tariffs and deportations," Siegel said.
On the whole, the Wharton economist underscored that "companies with strong balance sheets and pricing power" are best positioned to weather this higher-rate environment.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data
Tuesday's economic calendar is fairly light.
<ul>
<li>Data on new home construction and building permits will be released at 8:30 a.m. ET.</li>
<li>Chicago Fed President Austan Goolsbee&nbsp;will speak at 12:25 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares continued to rally, gaining 5.6% on Monday amid reports of Trump's transition team <a href="https://www.benzinga.com/markets/equities/24/11/42028797/tesla-soars-over-5-in-overnight-trading-as-trump-administration-reportedly-seeks-to-ease-fsd-norms">looking to ease self-driving rules</a>.</li>
<li>Alphabet Inc.'s (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>) subsidiary Google is staring at the prospect of <a href="https://www.benzinga.com/news/legal/24/11/42053249/google-could-lose-chrome-browser-in-dojs-latest-antitrust-move">divesting the Chrome web browser</a> as part of the Department of Justice's (DOJ) latest antitrust move. The company's stock fell in <a href="https://www.benzinga.com/markets/24/11/42056544/googles-parent-alphabet-shares-dip-during-tuesday-pre-market-whats-going-on">premarket trading on Tuesday</a>.</li>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares <a href="https://www.benzinga.com/markets/equities/24/11/42057634/super-micro-computer-is-up-by-30-on-tuesday-pre-market-whats-going-on">surged over 30% in premarket trading on Tuesday</a> after the company submitted a compliance plan to continue trading on the Nasdaq.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares were down 4.7% in premarket trading after <a href="https://www.benzinga.com/general/social-media/24/11/42048594/trump-digs-deeper-into-cryptocurrency-bakkt-shares-soar-on-reported-interest-from-president-elects-media-company">reports suggested</a> that it is looking to acquire cryptocurrency company Bakkt Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKKT#NYSE">BKKT</a>).</li>
<li>Investors are awaiting earnings results from Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), Lowe&#8217;s Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), and Medtronic Plc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) today.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures surged in the early New York session, falling by 0.7% to hover around $68.69 per barrel.
The 10-year Treasury note yield eased marginally to 4.365%.
Major Asian markets ended in the green on Tuesday, while European stocks declined in early trading.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42056899/jim-cramer-thinks-trumps-plans-for-robotaxis-are-fanciful-but-he-is-still-bullish-on-tesla-stock-the-musk-premium-will-work-its-magic-in-other-ways">Jim Cramer Thinks Trump&#8217;s Plans For Robotaxis Are &#8216;Fanciful,&#8217; But He Is Still Bullish On Tesla Stock: &#8216;The Musk Premium Will Work Its Magic In Other Ways&#8217;</a></li>
</ul>
Photo courtesy: Wikimedia

Equities

Futures

Economics

Federal Reserve

Pre-Market Outlook

Markets

Movers

Trading Ideas

Bakkt Holdings, Inc. Class A Common Stock

BKKT

GOOG

GOOGL

NVDA

SMCI

TSLA

US Stocks Likely To Open In Red Amid Mounting Geopolitical Tensions: Wharton Economist Says Market Trajectory Will 'Heavily Depend' On Trump's Tariff Plans

BlueHalo, an Arlington Capital Partners portfolio company, was founded as a purpose-built platform providing capabilities in several key mission areas: Space Technologies, Counter-Uncrewed Aircraft Systems (cUAS), Directed Energy, Electronic Warfare, Cyber, Artificial Intelligence and other Emerging Technologies including Uncrewed Underwater Vehicles (UUVs).&nbsp;
BlueHalo estimates that it will achieve more than $900 million in revenues for 2024, in addition to funded backlog of nearly $600 million and a pipeline of multiple billion-dollar opportunities and programs of record. BlueHalo generated approximately $886 million of revenue in 2023, compared to $759 million and $660 million in 2022 and 2021, respectively.
On a pro forma basis, the combined company is expected to deliver more than $1.7 billion in revenue.

AVAV

AeroVironment Agrees To Acquire BlueHalo In An All-stock Transaction With An Enterprise Value Of $4.1B

Berry Global Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BERY#NYSE">BERY</a>) reported quarterly earnings of $2.27 per share which beat the analyst consensus estimate of $2.25 by 0.89 percent. This is a 0.44 percent decrease over earnings of $2.28 per share from the same period last year. The company reported quarterly sales of $3.17 billion which beat the analyst consensus estimate of $3.13 billion by 1.32 percent. This is a 2.62 percent increase over sales of $3.09 billion the same period last year.

Earnings Beats

BERY

Berry Global Gr Q4 2024 Adj EPS $2.27 Beats $2.25 Estimate, Sales $3.17B Beat $3.13B Estimate

Shares of Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) rose sharply in today's pre-market trading after the company reported <a href="https://www.benzinga.com/news/earnings/24/11/42049125/symbotic-stock-rallies-after-strong-q4-results-details">better-than-expected fourth-quarter financial results.</a>
Symbotic reported quarterly earnings of five cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue came in at $576.76 million, which beat the analyst consensus estimate of $470.27 million and is an increase over sales of $391.88 million from the same period last year.
Symbotic shares jumped 28.6% to $39.30 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>PainReform Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRFX#NASDAQ">PRFX</a>) gained 165.4% to $1.42 in pre-market trading. PainReform announced a 1:4 reverse share split of the company&#8217;s ordinary shares will take effect after the closing bell on Wednesday, Nov. 20.</li>
<li>noco-noco Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) rose 115.5% to $0.2090 in pre-market trading after gaining around 9% on Monday.</li>
<li>TFF Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFFP#NASDAQ">TFFP</a>) gained 49.9% to $0.5457 in pre-market trading. TFF Pharmaceutical recently announced it will wind down its operations.</li>
<li>Volato Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) gained 49.4% to $0.3153 in pre-market trading. Volato Group shares gained around 4% on Monday after the company reported a year-over-year increase in third-quarter financial results.</li>
<li>HCW Biologics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCWB#NASDAQ">HCWB</a>) gained 33.9% to $1.66 in pre-market trading. HCW Biologics announced a $6.9 million direct offering and private placement priced above market.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 18.7% to $2.84 in pre-market trading after dipping 23% on Monday. The company recently disclosed a securities purchase agreement to sell 16 million shares of common stock at $2.50 per share in a registered direct offering.</li>
<li>J-Long Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JL#NASDAQ">JL</a>) gained 13.8% to $0.42 in pre-market trading after declining around 4% on Monday.</li>
<li>Zenvia Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZENV#NASDAQ">ZENV</a>) climbed 13.7% to $1.32 in pre-market trading after the company posted third-quarter results.</li>
<li>Fresh2 Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRES#NASDAQ">FRES</a>) gained 9.5% to $1.0400 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Hanmi Financial Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) shares tumbled 20.9% to $20.24 in pre-market trading.</li>
<li>Guardian Pharmacy Services, Inc. (NYSE: GRDN fell 20.7% to $16.96 in pre-market trading.</li>
<li>Helius Medical Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSDT#NASDAQ">HSDT</a>) shares fell 16.5% to $0.40 in pre-market trading. Helius Medical Technologies shares dipped around 9% on Monday after the company announced it initiated the process to explore a range of strategic alternatives.</li>
<li>Eco Wave Power Global AB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAVE#NASDAQ">WAVE</a>) shares fell 15.1% to $8.01 in pre-market trading. Eco Wave Power Global shares jumped around 44% on Monday after the company announced it received the final Nationwide Permit from the U.S. Army Corps of Engineers.</li>
<li>AtlasClear Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATCH#NYSE">ATCH</a>) dipped 14.9% to $0.1870 in pre-market trading. AtlasClear shares jumped 22% on Monday higher after the company reported a year-over-year increase in first-quarter financial results.</li>
<li>Flushing Financial Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) declined 12.2% to $15.25 in pre-market trading.</li>
<li>Eterna Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERNA#NASDAQ">ERNA</a>) fell 12.1% to $0.6036 in pre-market trading after dipping 18% on Monday.</li>
<li>Enveric Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVB#NASDAQ">ENVB</a>) fell 11.2% to $0.3135 in pre-market trading after declining around 5% on Monday.</li>
<li>CleanCore Solutions, Inc. (NYZE: ZONE) shares dipped 9.4% to $1.55 in pre-market trading. CleanCore Solutions recently announced the launch of a pilot program with an international hotel chain.</li>
<li>Incyte Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) fell 10.3% to $68.98 in today's pre-market trading after the company issued an update on early Phase MRGPRX2 and MRGPRX4 programs.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42035732/jim-cramer-super-group-basic-materials-stock-is-very-hard-to-own-here">Jim Cramer: Super Group Finally &#8216;Broke Out,&#8217; This Basic Materials Stock Is &#8216;Very Hard To Own Here&#8217;</a></li>
</ul>

ATCH

ENVB

ERNA

FFIC

FRES

HAFC

HCWB

HSDT

INCY

NCNC

PRFX

QUBT

SOAR

TFFP

WAVE

ZENV

ZONE

Why Symbotic Shares Are Trading Higher By Over 28%; Here Are 20 Stocks Moving Premarket

President-elect Donald Trump may attend Starship&#8217;s sixth test flight from Starbase in Texas in person on Tuesday, as per media reports.
What Happened: The Federal Aviation Administration has issued &#8220;Temporary flight restrictions for VIP Movement&#8221; over Brownsville in Texas, hinting at a high-profile visit to the region, Reuters reported.
<a href="https://pro.benzinga.com/dashboard">Benzinga</a> has reached out to both SpaceX and FAA over the report but is yet to receive a confirmation.
Starship&#8217;s sixth flight test is now slated to launch from Starbase on Tuesday at about 4:00 pm CT. 
For the upcoming test flight, the company aims to catch Starship&#8217;s booster back at the launch site as on the last flight and splash down the upper stage in the Indian Ocean.
Why It Matters: NASA&#8217;s Artemis 3 mission slated to launch no earlier than September 2026 is expected to enable humans to land back on the surface of the moon with the help of the Starship human landing system. The last time humans set foot on the Moon was in 1972&nbsp;<a href="https://www.benzinga.com/news/24/01/36692749/just-a-worse-version-of-apollo-elon-musk-baffled-by-nasa-veterans-push-to-ditch-spacex-blue-origin-a" target="_blank" rel="noreferrer noopener">with Apollo 17</a>. Since then, no crew has traveled beyond low-Earth orbit.
SpaceX CEO Elon Musk, meanwhile, is eyeing&nbsp;<a href="https://www.benzinga.com/news/24/09/40770222/elon-musk-sets-2026-for-starships-first-uncrewed-mars-mission-targeting-successful-landing" target="_blank" rel="noreferrer noopener">taking humans to Earth&#8217;s neighboring planet Mars</a>&nbsp;aboard the Starship. In September, he said that the first Starship launch to Mars is expected in 2026 and that it will not have a crew on board.
Musk and Trump have recently forged a seemingly strong relationship. Musk campaigned for Trump in the swing state of Pennsylvania in October and Trump recently named Musk <a href="https://www.benzinga.com/news/24/11/41965420/elon-musk-vivek-ramaswamy-led-department-of-government-efficiency-opens-account-on-x-says-it-is-working-overtime">to lead the</a> Department of Government Efficiency aimed at bringing down government bureaucracy, slashing excess regulations, cutting waste expenditures, and restructuring federal agencies.
Musk was also present with Trump on election night at the latter&#8217;s Mar-a-Lago resort in Florida. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/space/24/11/42025066/elon-musks-spacex-delays-starship-test-flight-next-attempt-now-set-for-tuesday" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s SpaceX Delays Starship Test Flight, Next Attempt Now Set For Tuesday</a></li>
</ul>
Photos courtesy: Shutterstock

SPACE

Tech

Trump May Attend Elon Musk's Starship Test Flight In Texas On Tuesday: Report

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates enCore Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EU#NASDAQ">EU</a>) with a Buy and maintains $7 price target.

Price Target

Reiteration

Analyst Ratings

HC Wainwright & Co. Reiterates Buy on enCore Energy, Maintains $7 Price Target

HC Wainwright &amp; Co. analyst Andres Maldonado reiterates Werewolf Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOWL#NASDAQ">HOWL</a>) with a Buy and maintains $15 price target.

HOWL

HC Wainwright & Co. Reiterates Buy on Werewolf Therapeutics, Maintains $15 Price Target

HC Wainwright &amp; Co. analyst Yi Chen reiterates Anixa Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIX#NASDAQ">ANIX</a>) with a Buy and maintains $7 price target.

ANIX

HC Wainwright & Co. Reiterates Buy on Anixa Biosciences, Maintains $7 Price Target

Management

Adtalem Global Education Inc. Common Stock

ATGE

Adtalem Global Education Says Steve Beard, President And CEO, Was Unanimously Elected By Board To The Additional Position Of Board Chairman, Effective Immediately

Prominent venture capitalist David Sacks has predicted a high <a href="https://www.benzinga.com/markets/equities/24/10/41351251/trump-says-google-has-a-lot-of-power-but-stops-short-of-endorsing-a-break-up">likelihood of legal action</a> or a breakup of Alphabet Inc.&#8217;s (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 in the next U.S. administration under Donald Trump.
What Happened: In an episode of the&nbsp;All-In&nbsp;podcast that was released on Saturday, Sacks stated that Google, which holds monopolies in search, advertising, and YouTube, should be dismantled.
&#8220;Google should be broken up,&#8221; he said, underscoring the need to address the company&#8217;s dominance in these key areas. 
Sacks also expressed confidence that the likelihood of a legal challenge or antitrust lawsuit against the tech giant is high, particularly with the prospect of a Trump administration in the future.
"What are the odds that this is pursued in the next administration? I'd say high," he added.
See Also:&nbsp;<a href="https://www.benzinga.com/news/retail-sales/24/11/42024288/consumer-tech-news-november-11-15-apple-plans-to-launch-an-ai-wall-tablet-meta-plans-to-introduce-ads-on-threads-more?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Consumer Tech News (November 11-15): Apple Plans To Launch An AI Wall Tablet, Meta Plans To Introduce Ads On Threads &amp; More</a>
The venture capitalist also said that while Mark Zuckerberg-led Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) faces challenges, there is less urgency to break it up.
Instead, Meta's issues are more focused on content moderation, especially its role in <a href="https://www.benzinga.com/general/biotech/24/08/40575260/mark-zuckerberg-reveals-biden-administration-pressured-meta-platforms-to-censor-certain-covid-19-">censoring free speech</a> during the 2020 election cycle related to Hunter Biden stories.
&#8220;But I do think, though, that Congress should investigate or continue investigating what went wrong there and what exactly is the involvement of the intelligence community and the deep state in the censorship request that we saw exposed by the Twitter files,&#8221; Sacks said.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Google has been under scrutiny for its monopolistic practices.
On Monday, it was reported that the <a href="https://www.benzinga.com/news/legal/24/11/42053249/google-could-lose-chrome-browser-in-dojs-latest-antitrust-move">U.S. Department of Justice</a>&nbsp;prepared to request a court order to force Google to divest its Chrome browser, following a ruling that found Google guilty of illegally monopolizing the search market.
As the DOJ&#8217;s final proposed remedies approach on Nov. 20, JPMorgan analyst Doug Anmuth anticipates potential headline risk but views this as an <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42036010/alphabet-on-trial-doj-remedies-loom-but-analyst-sees-20-upside-as-discount-to-meta-narrows">opportunity for greater clarity</a>.&nbsp;
He continues to hold an Overweight rating on the Alphabet stock, setting a price target of $212, which suggests a 20% upside from its current price.
Last month, Alphabet reported <a href="https://www.benzinga.com/news/earnings/24/10/41611263/alphabet-q3-earnings-highlights-revenue-beat-eps-beat-google-cloud-up-35-momentum-across-the-compan">third-quarter revenue</a> of $88.27 billion, marking a 15% year-over-year increase and surpassing the Street consensus estimate of $86.31 billion.
At the time, CEO Sundar Pichai had&nbsp;cautioned&nbsp;that the DOJ's proposals could lead to &#8220;<a href="https://www.benzinga.com/news/24/10/41616230/sundar-pichai-admits-doj-proposals-could-have-unintended-consequences-google-mapping-out-plan-b-in-c">unintended consequences</a>.&#8221;
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<iframe loading="lazy" title="Trump&#039;s market impact: Bitcoin, M&amp;A, IPOs + transition picks; Polymarket CEO raided by FBI" width="500" height="281" src="https://www.youtube.com/embed/0CBMlzHo0AU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Price Action: On Monday, Alphabet&#8217;s Class A stock rose 1.63%, closing at $175.30, while Class C stock gained 1.67% to close at $176.80.
However, in pre-market trading on Tuesday, Alphabet&#8217;s Class A stock fell 0.63% to $174.20, and Class C stock declined 0.89% to $175.22, according to <a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/24/11/42022124/t-mobile-hit-by-chinese-hackers-after-rivals-att-verizon-suffer-breach-report?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">T-Mobile Hit By Chinese Hackers After Rivals AT&amp;T, Verizon Suffer Breach: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

AAPL

'Google Should Be Broken Up,' VC David Sacks Foresees High Odds Of Antitrust Lawsuit Or Breakup Under Donald Trump's Administration

AKAM

Akamai Extends Segmentation Solution, Akamai Guardicore Segmentation, To Support Agentless Enforcement For Cloud Native Resources In Amazon Web Services

Comstock Fuels Corporation ("Comstock Fuels"), of an amendment to its exclusive license agreement with RenFuel K2B AB ("RenFuel") for use of RenFuel's patented catalytic esterification process to refine Comstock Fuels' proprietary BioleumTM biointermediates. The amendment expanded the territory from North America, Central America, and South America to include Australia, New Zealand and Vietnam to facilitate ongoing project development by licensees of Comstock Fuels broader lignocellulosic biomass refining process.

LODE

Comstock Fuels Expands License Agreement With Renfuel K2B To Include Australia, New Zealand, And Vietnam

On Monday, November 18, U.S. markets ended mixed, partially recovering losses as investors awaited Nvidia&#8217;s highly anticipated Q3 earnings, seen as a key gauge of AI-driven market momentum. 
Tesla shares climbed on optimism over potential policy shifts under the incoming Trump administration. While analysts note a widening focus beyond Nvidia, its influence on market sentiment remains significant.
In economic data, the NAHB/Wells Fargo Housing Market Index rose to 46 in November, marking its highest level in seven months, up from 43 in October.
S&amp;P 500 sectors rose Monday, led by energy, communication services, and consumer discretionary stocks, while industrials declined.
The Dow Jones Industrial Average was down 0.13% and closed at 43,389.60, the S&amp;P 500 gained 0.39% to 5,893.62, and the Nasdaq Composite rose 0.60% to finish at 18,791.81.
Asia Markets Today
<ul>
<li>On Tuesday, Japan&#8217;s Nikkei 225 gained 0.45% and ended the session at 38,405.00, led by gains in the Paper &amp; Pulp, Steel, and Warehousing sectors.</li>
<li>Australia&#8217;s S&amp;P/ASX 200 rose 0.89% and ended the day at 8,374.00, led by gains in the Gold, IT, and Telecoms Services sectors.</li>
<li>India&#8217;s Nifty 50 closed 0.07% higher at 23,470.45, and Nifty 500 up 0.23% at 21,950.85, led by gains in the Auto, Real Estate and Consumer Durables sectors.</li>
<li>China&#8217;s Shanghai Composite gained 0.67% to close at 3,346.01, and the Shenzhen CSI 300 rose 0.67%, finishing the day at 3,976.89.</li>
<li>Hong Kong&#8217;s Hang Seng gained 0.44% and closed the session at 19,663.67.</li>
</ul>
Eurozone at 05:30 AM ET
<ul>
<li>The European STOXX 50 index was down 1.47%.</li>
<li>Germany&#8217;s DAX slid 1.07%.</li>
<li>France&#8217;s CAC fell 1.32.</li>
<li>FTSE 100 index traded lower by 0.50%</li>
</ul>
Commodities at 05:30 AM ET
<ul>
<li>Crude Oil WTI was trading lower by 0.88% at $68.56/bbl, and Brent was down 0.75% at $72.75/bbl.</li>
<li>Oil prices dipped as Norway&#8217;s Johan Sverdrup oilfield resumed production, offsetting geopolitical tensions and Kazakhstan&#8217;s output cut. A stronger U.S. dollar also pressured prices while investors monitored escalating Russia-Ukraine tensions and weakening market structure signals.</li>
<li>Natural Gas rose 0.30% to $2.982.</li>
<li>Gold was trading higher by 0.94% at $2,639.20, Silver gained 0.92% to $31.508, and Copper fell 0.45% to $4.1015.</li>
</ul>
U.S. Futures at 05:30 AM ET
Dow futures declined 0.53%, S&amp;P 500 futures were down 0.38% and Nasdaq 100 futures fell 0.27%.
Forex at 05:30 AM ET
The U.S. dollar index gained 0.14% to 106.42, the USD/JPY was down 0.66% to 153.63, and the USD/AUD rose 0.17% to 1.5391.
Photo by Pavel Bobrovskiy via Shutterstock

Asia

Emerging Markets

Eurozone

Commodities

Forex

ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Asia Up, Europe Markets Slip; Oil Prices Pressured While Gold Strengthens - Global Markets Today While US Slept

GRFS

Brookfield Capital Partners Confirmed Request for Due Diligence Information; Considers €10.50/Share for Grifols Class A Shares; €7.62/Share for Class B Shares

Management expects a double-digit growth year over year for full year SECaaS revenue and SECaaS ARR.

Guidance

ALLT

Allot Expects To Remain Around Breakeven On Non-GAAP Operating Profit Basis And To Generate Positive Operating Cash Flow For Q4

<ul>
<li>2025 comparable EBITDA expected to be approximately $10.7 to $10.9 billion</li>
<li>Announced four new growth projects, totaling&nbsp;approximately $1.5 billion&nbsp;of gross capital expenditures, aligned with increasing demand for natural gas and nuclear power generation</li>
</ul>

TC Energy To Host Its Investor Day, To Outline Its Strategic Vision And Growth Outlook; Announces Four New Growth Projects Across Portfolio

HC Wainwright &amp; Co. analyst Mitchell Kapoor reiterates Rani Therapeutics Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RANI#NASDAQ">RANI</a>) with a Buy and maintains $9 price target.

RANI

HC Wainwright & Co. Reiterates Buy on Rani Therapeutics Hldgs, Maintains $9 Price Target

Grifols To Hold Extraordinary Meeting Tuesday To Consider €10.50/Share For Grifols Class A Shares From Brookfield Capital Partners

Chinese EV maker&nbsp;XPeng&nbsp;Inc&nbsp;(NYSE:&nbsp;XPEV) reported&nbsp;fiscal third-quarter&nbsp;sales growth of 18.4% year-on-year,&nbsp;to 10.10 billion Chinese Yuan ($1.44 billion), topping the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42056000/xpeng-reports-third-quarter-2024-unaudited-financial-results" rel="noreferrer noopener">analyst consensus estimate of $1.38 billion</a>.&nbsp; Total revenues&nbsp;increased 24.5% sequentially.
Adjusted&nbsp;net loss per ADS&nbsp;of 1.62 Chinese Yuan beat the&nbsp;analyst consensus estimate for a loss of&nbsp;1.71 Chinese Yuan. In USD terms, the adjusted earnings per ADS was a loss of 23 cents, which beat the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus estimate of 27 cents</a> loss. The stock price climbed after the print.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/11/42041663/walmarts-black-friday-cyber-monday-huge-deals-on-electronics-toys-and-more" rel="noreferrer noopener">Walmart Gears Up For Black Friday, Cyber Monday Specials: Major Discounts On Apple MacBooks, Sony TVs</a>
The&nbsp;Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;rival&#8217;s quarterly vehicle deliveries increased 16.3% year-on-year to 46,533.&nbsp;XPeng&#8217;s physical sales network&nbsp;had 639 stores, covering 206 cities as of September 30, 2024.
XPeng&#8217;s&nbsp;self-operated&nbsp;charging&nbsp;station&nbsp;network&nbsp;reached 1,557 stations&nbsp;as of&nbsp;September 30, 2024.
Revenues from vehicle sales increased 12.1% Y/Y to $1.25 billion. Gross margin was 15.3%&nbsp;versus&nbsp;(2.7)% a year ago. Vehicle margin was 8.6%&nbsp;versus&nbsp;(6.1)% a year ago, primarily attributable to the cost reduction and the improvement in&nbsp;the model product mix.&nbsp;
Operating&nbsp;loss for the quarter was $0.26 billion.&nbsp;The&nbsp;company held $5.09 billion in cash and equivalents&nbsp;as of September 30, 2024.
Chairman and CEO of XPENG, Mr. Xiaopeng He, highlighted the company&#8217;s transformed core competencies and execution capabilities, emphasizing that the successful launch of the M03 and P7+ marks the start of a strong growth cycle driven by significant product launches.
He expressed confidence in leading XPENG to establish itself as a global leader in AI-driven automotive technology and accelerating the widespread adoption of AI in mobility.
Dr. Hongdi Brian Gu, Vice Chairman and Co-President of XPENG, noted that technology-driven cost reductions and significant quarter-over-quarter volume growth led to a record-high gross margin of 15.3%, marking the fifth consecutive quarterly improvement.
He emphasized that the significant product cycle will drive sales volume growth while strengthening gross profit and cash flow. This financial stability will enable continued investments in AI technology R&amp;D, ensuring superior products and services for customers.
Outlook: XPeng&nbsp;expects fourth-quarter vehicle deliveries&nbsp;of&nbsp;87,000–91,000, up 44.6%–51.3% year-on-year.
The company expects fourth-quarter revenue of 15.3 billion&nbsp;Chinese Yuan–16.2 billion Chinese Yuan, representing a year-on-year increase of 17.2%–24.1%,&nbsp;versus the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of 14.77 billion Chinese Yuan</a>.
Price Action: At the last check on Tuesday, XPEV stock traded higher by 4.46% to $13.59 premarket.
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</ul>
Photo via Shutterstock

XPEV

XPeng Q3 Earnings: Revenue Beat, 16% Deliveries Growth, CEO Eyes AI Leadership And More

iShares USD Treasury Bond 20yr UCITS ETF USD (Dist)

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