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Loop Media

Loop Media Inc is a multichannel digital video platform media company that uses marketing technology. The company is focused on premium short-form video. It offers music videos and film, game, and TV trailers which can be viewed in hospitality, dining, and retail venues, on branded media and entertainment sites, and on over-the-top TV platforms and IPTV devices.

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Loop Media shares are trading higher Monday after the company announced a content partnership with Red Bull and the launch of the Red Bull TV channel in all of Loop&#39;s out-of-home venues nationwide.

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U.S. stocks traded higher toward the end of trading, after the Federal Reserve announced its policy decision on Wednesday.

The Dow traded up 0.58% to 36,789.77 while the NASDAQ rose 0.63% to 14,624.74. The S&amp;P 500 also rose, gaining, 0.62% to 4,672.48.

Dow Jumps Over 200 Points; Federal Reserve Holds Interest Rates Steady

Loop Media Inc

Sen. Bernie Sanders (I-Vt.) has expressed his disdain for billionaires, including Elon Musk, influencing elections and has called for an immediate ban on Super PACs by the Democratic National Committee.
What Happened: On Christmas Eve, Sanders took to X to voice his concerns about the role of billionaires in swaying elections. He specifically mentioned Musk, who has been previously criticized for his hefty campaign contributions. Sanders&#8217; post read, &#8220;The American people are disgusted with Musk and other billionaires buying elections. We must not only fight to end Citizens United. We must demand that the DNC ban Super PACs NOW in Democratic primaries.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The American people are disgusted with Musk and other billionaires buying elections. We must not only fight to end Citizens United. We must demand that the DNC ban Super PACs NOW in Democratic primaries.
&mdash; Bernie Sanders (@BernieSanders) <a href="https://twitter.com/BernieSanders/status/1871320030769758364?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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In the past, Sanders has been vocal about his concerns regarding the influence of big money in politics. He has repeatedly called for an end to Citizens United and Super PACs, advocating for public funding of elections instead.
The Citizens United decision, issued by the U.S. Supreme Court in 2010, ruled that laws preventing corporations and labor unions from making independent political expenditures violated the First Amendment&#8217;s free speech protections.
See Also: <a href="https://www.benzinga.com/24/12/42654769/tiktok-ban-under-trump-president-elect-wants-to-keep-months-after-pelosi-said-follow-the-money?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">TikTok Ban Under Trump? President-Elect Reconsiders As Pelosi Says &#8216;Follow The Money&#8217;</a>
Why It Matters: Sanders&#8217; recent post comes in the <a href="https://www.benzinga.com/news/24/07/39807458/bernie-sanders-slams-elon-musks-reported-45m-donations-to-trump-campaign-we-need-a-government-that-r">wake of his criticism</a> of Musk&#8217;s reported monthly donations of $45 million to the Trump campaign. He stressed the importance of overturning Citizens United and transitioning to publicly funded elections to ensure a government that represents all citizens, not just billionaires.
The Vermont senator had previously expressed concern over the defeat of Rep. Cori Bush (D-Mo.) in a primary election, attributing it to the <a href="https://www.benzinga.com/news/24/08/40273794/bernie-sanders-calls-for-end-to-super-pacs-billionaires-buying-elections-is-not-what-this-country-is">influence</a> of the American Israel Public Affairs Committee's Super PAC, United Democracy Project.
According to Sanders, just 150 billionaire families <a href="https://www.benzinga.com/personal-finance/24/12/42463691/just-150-billionaire-families-spent-nearly-2-billion-on-elections-bernie-sanders-says-we-live-in-an-oligarchy-heres-what-he-proposes">spent almost $2 billion</a> in the 2024 elections, further emphasizing his argument that the U.S. is becoming an oligarchy.
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Bernie Sanders: 'The American People Are Disgusted With Musk' — Calls On Democrats To End Super PACs In Primaries

Jameson Lopp&#8217;s recent post on X, &#8220;RIP Bitcoin Obituaries,&#8221; suggests a decline in Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) death proclamations, sparking interest in the cryptocurrency&#8217;s resilience.
What Happened: The software engineer, columnist, and Bitcoin advocate&#8217;s post on Christmas Eve, hints at the diminishing frequency of death declarations. Bitcoin, the world&#8217;s largest cryptocurrency, has faced numerous critiques since its inception over 15 years ago, leading to its &#8220;death&#8221; being declared 477 times, according to 99 Bitcoins&#8217; Obituaries tracker.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">RIP Bitcoin Obituaries <a href="https://t.co/6s8C70u1yz">pic.twitter.com/6s8C70u1yz</a>
&mdash; Jameson Lopp (@lopp) <a href="https://twitter.com/lopp/status/1871639944823017599?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The last wave of such negative sentiments emerged in April. However, the number of Bitcoin death reports has been on a decline, hitting a decade-low of 8 in 2023. In 2024, 99 Bitcoin&#8217;s obituary timeline lists only two such fatal declarations.
Data from Bitbo shows an even more dramatic drop in Bitcoin obituaries. A graph from the real-time Bitcoin dashboard shows how these proclamations have thinned out since 2022. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="1017" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24201151/bitcoinisdead.org_-1024x1017.png" alt="" class="wp-image-706569" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24201151/bitcoinisdead.org_-1024x1017.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24201151/bitcoinisdead.org_-300x298.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24201151/bitcoinisdead.org_-150x150.png 150w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24201151/bitcoinisdead.org_-768x763.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24201151/bitcoinisdead.org_.png 1087w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Source: bitbo.io
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Even the buttcoiners are coping these days by saying that scams can go on in perpetuity and now that Bitcoin has many billionaires and politicians who are &quot;in on it&quot; that it&#39;s going to stick around.
&mdash; Jameson Lopp (@lopp) <a href="https://twitter.com/lopp/status/1871645375502979422?ref_src=twsrc%5Etfw">December 24, 2024</a></blockquote>
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Lopp noted the resilience of the apex cryptocurrency in another post in the same thread where he says that even Bitcoin&#8217;s detractors are &#8220;coping&#8221; these days by saying that &#8220;scams can go on in perpetuity and now that Bitcoin has many billionaires and politicians who are &#8216;in on it&#8217; that it&#8217;s going to stick around.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42638902/scaramucci-defends-microstrategys-bitcoin-strategy-predicts-long-term-crypto-growth?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Scaramucci Defends MicroStrategy&#8217;s Bitcoin Strategy, Predicts Long-Term Crypto Growth</a>
Why It Matters: The decline in Bitcoin&#8217;s death proclamations signals a shift in mainstream media&#8217;s perception of the cryptocurrency. According to a previous report, the <a href="https://www.benzinga.com/markets/cryptocurrency/23/12/36338011/bitcoin-obituary-count-hits-decade-low-just-seven-reports-filed-in-2023">highest number</a> of Bitcoin obituaries came in 2017. Even that year, the apex coin surged a record-breaking 1,900%.
Indeed, Bitcoin has been on a tear in 2024, enjoying gains of 132.2% since January. Over the last 3 months alone the crypto has shot up over 56%. Its most recent all-time high was recorded just a week ago on Dec. 17 when it hit $108,268.45.
Benzinga recently noted that if an investor had put $1,000 into Bitcoin the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42286177/if-you-invested-1000-in-bitcoin-last-time-it-was-declared-dead-heres-how-much-itd-be-worth-today">last time an obituary was published</a> in April, they would have gained 48%. These obituaries often surface when the cryptocurrency is facing a bear market or heightened regulatory scrutiny.
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42638575/microstrategy-stock-declines-over-14-amid-heightened-volatility-over-sp-500-inclusion-concerns-heres-what-is-happening?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">MicroStrategy Stock Declines Over 14% Amid Heightened Volatility Over S&amp;P 500 Inclusion Concerns: Here&#8217;s What Is Happening</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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

Cryptocurrency

$BTC

'RIP Bitcoin Obituaries,' Declares Expert — Death Notices Dwindle As Top Crypto Gains Acceptance From Politicians, Billionaires

Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) has outperformed the market over the past 10 years by 26.06% on an annualized basis producing an average annual return of 37.28%. Currently, Broadcom has a market capitalization of $1.12 trillion. 
Buying $1000 In AVGO: If an investor had bought $1000 of AVGO stock 10 years ago, it would be worth $23,662.75 today based on a price of $240.00 for AVGO at the time of writing.
<h3>Broadcom's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735083923_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.

AVGO

Here's How Much $1000 Invested In Broadcom 10 Years Ago Would Be Worth Today

Dylan Zajac's journey to bridging the digital divide began with skateboards, thrift shops and a knack for refurbishing computers. Now 21, Zajac is the founder of Computers 4 People, a nonprofit that has donated over 3,668 computers to individuals and organizations in need while diverting 55,000 pounds of e-waste from landfills.&nbsp;
In an interview with Young Entrepreneur, Zajac shared how his <a href="https://www.benzinga.com/startups/24/12/42369492/how-a-teen-coder-built-a-payments-empire-local-businesses-took-a-chance-on-me-now-we-processed-4-billion-in-2023">teenage side hustle</a> turned into a mission empowering thousands to connect to the digital world.
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<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
<li>The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a></li>
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"I started out by skating around Brooklyn with my high school friends, visiting thrift stores for fun," Zajac told Young Entrepreneur. "We'd often hit three or more shops in a day, hunting for old computers we could negotiate down and take home on skateboards."&nbsp;
In his bedroom-turned-workshop, Zajac taught himself how to repair and resell these machines through platforms like eBay and Facebook Marketplace. "The margins were insane, sometimes as high as 80%," he shared.
&nbsp;What began as a hobby quickly grew into a profitable venture. Still, Zajac soon noticed two glaring issues: the environmental toll of discarded electronics and the massive gap in digital access worldwide.
See Also: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
UNITAR reported that 2022 global e-waste hit 62 million tonnes – enough to fill 1.55 million 40-ton trucks circling the Earth. Yet only 22.3% of this waste was recycled, leaving the majority to pollute the planet.&nbsp;
Meanwhile, nearly 2.6 billion people remain offline, missing opportunities for education and employment, according to Reuters. Recognizing the overlap between these crises, Zajac channeled his skills into a larger purpose.
In 2019, as a high school sophomore, Zajac founded Computers 4 People. "I used online tutorials to figure out how to incorporate, file for 501(c) (3) status and draft bylaws," he said.&nbsp;
The mission: collect used computers from individuals and companies, refurbish them and distribute them to people in need. By the time he started college at Babson the nonprofit was well on its way to making an impact.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
Building Computers 4 People came with its own set of challenges, especially balancing nonprofit leadership with school. "There's really no such thing as balance; you just have to make it work," Zajac told the publication.&nbsp;
Critics doubted the sustainability of his model once he went to college, but Zajac defied expectations by designing systems to automate inventory, donor relations and grant reporting. "I created proprietary systems that allowed us to scale and run efficiently," he explained.
Securing funding and donations remains a hurdle, but partnerships with Fortune 100 and 500 companies and $1.6 million in grants and donations have helped the nonprofit thrive. "The demand is overwhelming, but diversifying our funding sources has allowed us to expand," Zajac said.
For Zajac, the rewards are personal. "I love solving tough problems and seeing the life-changing impacts of our programs," he shared. When asked about advice for <a href="https://www.benzinga.com/personal-finance/24/12/42598787/i-sold-my-home-and-liquidated-my-401k-entrepreneur-snags-150k-shark-tank-deal-after-beating-stage-3-cancer-and-raising-1-1m">aspiring changemakers</a>, he emphasized action over hesitation: "Don't overthink every step. Act fast, make decisions quickly and keep moving forward."
Read Next:
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<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

Startups

He Started A Side Hustle On Facebook At 15 – Now It's A $1.6M Nonprofit Changing Thousands Of Lives: 'The Margins Were Insane'

NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has outperformed the market over the past 15 years by 34.46% on an annualized basis producing an average annual return of 46.28%. Currently, NVIDIA has a market capitalization of $3.42 trillion. 
Buying $1000 In NVDA: If an investor had bought $1000 of NVDA stock 15 years ago, it would be worth $311,254.16 today based on a price of $139.78 for NVDA at the time of writing.
<h3>NVIDIA's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735081243_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.

NVDA

Here's How Much You Would Have Made Owning NVIDIA Stock In The Last 15 Years

Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has outperformed the market over the past 20 years by 17.75% on an annualized basis producing an average annual return of 26.11%. Currently, Amazon.com has a market capitalization of $2.41 trillion. 
Buying $1000 In AMZN: If an investor had bought $1000 of AMZN stock 20 years ago, it would be worth $101,867.91 today based on a price of $228.85 for AMZN at the time of writing.
<h3>Amazon.com's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735080310_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.

AMZN

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

KULR Tech Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>) has outperformed the market over the past 5 years by 4.55% on an annualized basis producing an average annual return of 17.92%. Currently, KULR Tech Gr has a market capitalization of $818.33 million. 
Buying $1000 In KULR: If an investor had bought $1000 of KULR stock 5 years ago, it would be worth $2,280.00 today based on a price of $3.42 for KULR at the time of writing.
<h3>KULR Tech Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735079447_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.

KULR

Here's How Much You Would Have Made Owning KULR Tech Gr Stock In The Last 5 Years

Marathon Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) has outperformed the market over the past 5 years by 4.43% on an annualized basis producing an average annual return of 17.8%. Currently, Marathon Petroleum has a market capitalization of $43.42 billion. 
Buying $1000 In MPC: If an investor had bought $1000 of MPC stock 5 years ago, it would be worth $2,241.64 today based on a price of $135.10 for MPC at the time of writing.
<h3>Marathon Petroleum's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735078525_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.

$1000 Invested In Marathon Petroleum 5 Years Ago Would Be Worth This Much Today

Graphic Packaging Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPK#NYSE">GPK</a>) has outperformed the market over the past 15 years by 2.74% on an annualized basis producing an average annual return of 14.56%. Currently, Graphic Packaging Holding has a market capitalization of $8.30 billion. 
Buying $1000 In GPK: If an investor had bought $1000 of GPK stock 15 years ago, it would be worth $7,598.90 today based on a price of $27.66 for GPK at the time of writing.
<h3>Graphic Packaging Holding's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735076707_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.

Here's How Much $1000 Invested In Graphic Packaging Holding 15 Years Ago Would Be Worth Today

Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) has outperformed the market over the past 5 years by 8.99% on an annualized basis producing an average annual return of 22.36%. Currently, Fluor has a market capitalization of $8.69 billion. 
Buying $100 In FLR: If an investor had bought $100 of FLR stock 5 years ago, it would be worth $279.59 today based on a price of $50.69 for FLR at the time of writing.
<h3>Fluor's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735075830_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 5 Years Ago, You Would Have This Much Today

Editor&#8217;s Note: This story has been updated to include a statement from a Walmart spokesperson.
Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) shares are trading lower on Monday. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the company and Branch Messenger over concerns regarding junk fees. Here&#8217;s what <a href="https://www.benzinga.com/24/12/42656254/tech-stocks-eye-christmas-gains-microstrategy-tumbles-as-bitcoin-dips-to-93000-whats-driving-markets-monday">you need to know</a>.
The Details: The CFPB has <a href="https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-walmart-and-branch-messenger-for-illegally-opening-deposit-accounts-for-more-than-one-million-delivery-drivers/#:~:text=WASHINTON%2C%20D.C.%20%E2%80%93%20Today%2C%20the,they%20could%20access%20their%20earnings">alleged</a> that Walmart and Branch Messenger forced drivers to open deposit accounts filled with junk fees. The regulator sued Walmart and Branch Messenger on Monday for requiring drivers to use costly deposit accounts to get paid and deceiving drivers about how they could access earnings.
The suit claims that Walmart opened accounts for &#8220;last mile&#8221; drivers in its Spark Driver program and told workers that they would be fired if they did not use the specific accounts. Furthermore, the lawsuit alleges that Walmart misled drivers about the availability of same-day access to earnings. 
"Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers," said CFPB Director Rohit Chopra. "Companies cannot force workers into getting paid through accounts that drain their earnings with junk fees."
A Walmart spokesperson told Benzinga that the CFPB lawsuit contains &#8220;exaggerations and blatant misstatements.&#8221;
&#8220;The CFPB's rushed lawsuit is riddled with factual errors and contains exaggerations and blatant misstatements of settled principles of law. The CFPB never allowed Walmart a fair opportunity to present its case during their rushed investigation. We look forward to vigorously defending the Company before a court that, unlike the CFPB, honors the due process of law,&#8221; a Walmart spokesperson said.
Related Link: <a href="https://www.benzinga.com/insights/analyst-ratings/24/12/42655698/assessing-winnebago-industries-insights-from-6-financial-analysts">Assessing Winnebago Industries: Insights From 6 Financial Analysts</a>
The lawsuit claims that drivers were forced to navigate a complicated process to access their funds, and then encountered additional delays or fees when they opted to transfer the money to an account of their choice.
The government oversight agency stated that Spark Drivers paid over $10 million in junk fees to Branch Messenger in order to instantly transfer their earnings to a different account. 
The CFPB also claimed that Branch engaged in other illegal practices including failing to investigate errors, honor stop payment requests, maintain records and provide required disclosures.
According to Reuters, Branch Messenger representatives rejected the claims and accused the CFPB of &#8220;rushing&#8221; to file a lawsuit in an attempt to gain media traction. 
&#8220;Branch stands behind its model and services and we will defend this action vigorously,&#8221; the company reportedly said. 
WMT Price Action: At the time of writing, Walmart stock was down 2.01% at $90.39, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image via Shutterstock.

Legal

What's Going On With Walmart Stock Monday? (UPDATED)

Iron Mountain (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRM#NYSE">IRM</a>) has outperformed the market over the past 5 years by 13.84% on an annualized basis producing an average annual return of 27.21%. Currently, Iron Mountain has a market capitalization of $31.07 billion. 
Buying $1000 In IRM: If an investor had bought $1000 of IRM stock 5 years ago, it would be worth $3,319.08 today based on a price of $105.89 for IRM at the time of writing.
<h3>Iron Mountain's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735074910_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 $1000 In This Stock 5 Years Ago, You Would Have This Much Today

<h3>Gainers</h3>
<ul>
<li>Hour Loop (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOUR#NASDAQ">HOUR</a>) stock increased by 48.2% to $2.12 during Tuesday's pre-market session. The company's market cap stands at $74.5 million. </li>
<li>Homestolife (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTLM#NASDAQ">HTLM</a>) stock moved upwards by 44.81% to $12.44. The market value of their outstanding shares is at $182.7 million. </li>
<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) stock increased by 29.82% to $2.22. The company's market cap stands at $34.0 million. </li>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) shares increased by 28.21% to $0.04. The company's market cap stands at $19.6 million. </li>
<li>Qurate Retail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRTEB#NASDAQ">QRTEB</a>) stock rose 19.93% to $3.73. The market value of their outstanding shares is at $1.4 billion. </li>
<li>Xcel Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELB#NASDAQ">XELB</a>) shares moved upwards by 15.7% to $0.39. The company's market cap stands at $9.2 million. The company's, Q3 earnings came out 2 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>XWELL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XWEL#NASDAQ">XWEL</a>) stock fell 12.0% to $1.36 during Tuesday's pre-market session. The company's market cap stands at $7.1 million. </li>
<li>Jiade (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JDZG#NASDAQ">JDZG</a>) stock decreased by 11.27% to $0.63. The market value of their outstanding shares is at $15.3 million. </li>
<li>Fly-E Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLYE#NASDAQ">FLYE</a>) stock fell 10.18% to $0.43. The market value of their outstanding shares is at $10.5 million. </li>
<li>Lottery.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRY#NASDAQ">LTRY</a>) stock fell 8.14% to $0.43. The market value of their outstanding shares is at $4.2 million. </li>
<li>Jianzhi Education Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZ#NASDAQ">JZ</a>) stock fell 7.83% to $0.81. The company's market cap stands at $22.8 million. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares decreased by 6.98% to $2.0. The market value of their outstanding shares is at $1.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Avinger (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGR#NASDAQ">AVGR</a>) stock increased by 169.3% to $1.73 during Tuesday's pre-market session. The market value of their outstanding shares is at $5.5 million. </li>
<li>Carmell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTCX#NASDAQ">CTCX</a>) stock moved upwards by 85.32% to $0.42. The company's market cap stands at $8.7 million. </li>
<li>Tivic Health Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIVC#NASDAQ">TIVC</a>) stock rose 69.47% to $0.38. The market value of their outstanding shares is at $3.1 million. </li>
<li>NeueHealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEUE#NYSE">NEUE</a>) shares rose 63.57% to $7.05. The market value of their outstanding shares is at $58.4 million. </li>
<li>180 Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATNF#NASDAQ">ATNF</a>) shares rose 39.03% to $2.6. The company's market cap stands at $5.1 million. </li>
<li>Theriva Biologics (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TOVX#AMEX">TOVX</a>) shares increased by 23.07% to $1.6. The market value of their outstanding shares is at $4.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>KalVista Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALV#NASDAQ">KALV</a>) stock fell 20.7% to $7.0 during Tuesday's pre-market session. The company's market cap stands at $345.9 million. </li>
<li>Anebulo Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANEB#NASDAQ">ANEB</a>) shares declined by 16.0% to $1.05. The market value of their outstanding shares is at $27.2 million. </li>
<li>Dogwood Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DWTX#NASDAQ">DWTX</a>) stock declined by 13.61% to $2.35. The company's market cap stands at $3.1 million. </li>
<li>Traws Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRAW#NASDAQ">TRAW</a>) stock fell 12.1% to $11.05. The market value of their outstanding shares is at $33.4 million. </li>
<li>Astria Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXS#NASDAQ">ATXS</a>) stock fell 11.77% to $8.4. The market value of their outstanding shares is at $474.0 million. </li>
<li>Ocean Biomedical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCEA#NASDAQ">OCEA</a>) stock fell 11.74% to $0.56. The company's market cap stands at $19.6 million. The company's, Q2 earnings came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Tuesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) stock increased by 122.2% to $7.6 during Tuesday's pre-market session. The market value of their outstanding shares is at $9.8 million. </li>
<li>Mynaric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) shares increased by 22.85% to $0.54. The market value of their outstanding shares is at $13.6 million. </li>
<li>SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) stock rose 19.31% to $0.62. The company's market cap stands at $222.2 million. </li>
<li>Samfine Creation Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFHG#NASDAQ">SFHG</a>) stock increased by 18.46% to $0.87. The market value of their outstanding shares is at $19.4 million. </li>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) shares moved upwards by 14.81% to $3.1. The company's market cap stands at $9.3 million. </li>
<li>Li Bang International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBGJ#NASDAQ">LBGJ</a>) stock moved upwards by 11.89% to $3.01. The company's market cap stands at $56.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>ADS-TEC Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSE#NASDAQ">ADSE</a>) shares decreased by 15.0% to $12.0 during Tuesday's pre-market session. The market value of their outstanding shares is at $607.0 million. </li>
<li>Sidus Space (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) stock fell 11.02% to $4.04. The company's market cap stands at $35.1 million. </li>
<li>Ming Shing Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSW#NASDAQ">MSW</a>) stock fell 10.0% to $4.5. The company's market cap stands at $58.3 million. </li>
<li>Founder Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGL#NASDAQ">FGL</a>) stock fell 9.09% to $1.78. The company's market cap stands at $30.1 million. </li>
<li>Markforged Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) shares declined by 7.08% to $2.76. The market value of their outstanding shares is at $56.9 million. </li>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock decreased by 6.77% to $0.4. The company's market cap stands at $1.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>SEALSQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares rose 26.5% to $6.2 during Tuesday's pre-market session. The company's market cap stands at $487.0 million. </li>
<li>AmpliTech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) shares rose 20.24% to $2.97. The company's market cap stands at $46.2 million. </li>
<li>UTStarcom Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UTSI#NASDAQ">UTSI</a>) stock increased by 16.73% to $3.0. The market value of their outstanding shares is at $28.3 million. </li>
<li>Auddia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUUD#NASDAQ">AUUD</a>) stock rose 16.72% to $0.56. The market value of their outstanding shares is at $3.1 million. </li>
<li>Castellum (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CTM#AMEX">CTM</a>) stock moved upwards by 14.24% to $0.49. The market value of their outstanding shares is at $27.4 million. </li>
<li>Mobix Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBX#NASDAQ">MOBX</a>) stock rose 14.17% to $1.45. The market value of their outstanding shares is at $51.9 million. As per the press release, Q4 earnings came out 3 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>My Size (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYSZ#NASDAQ">MYSZ</a>) stock fell 12.8% to $4.17 during Tuesday's pre-market session. The company's market cap stands at $5.2 million. </li>
<li>Nvni Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>) stock decreased by 12.46% to $4.99. The market value of their outstanding shares is at $142.8 million. </li>
<li>Zenvia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZENV#NASDAQ">ZENV</a>) stock fell 8.59% to $1.81. The company's market cap stands at $93.8 million. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares fell 8.58% to $0.64. The market value of their outstanding shares is at $1.5 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) stock decreased by 7.08% to $0.39. The market value of their outstanding shares is at $1.7 million. </li>
<li>QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) stock fell 7.02% to $8.75. The company's market cap stands at $129.0 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

The stock market has a well-documented tendency to deliver gains during the final trading days of December, a phenomenon known <a href="https://www.benzinga.com/24/12/42667439/us-stocks-to-open-higher-on-shortened-trading-day-as-santa-clause-rally-period-begins-says-analyst">as the &#8220;Santa Claus rally.&#8221; </a>
This period of optimism has historically brought cheer to investors, with the S&amp;P 500 gaining in 64 out of the last 96 years during the Dec. 24–Dec. 31 window, averaging a respectable 0.85% return, according to data from Seasonax.
The Santa Claus rally's most memorable performance occurred in 2018, when the S&amp;P 500 surged 6.6%, its strongest year-end rally on record. Close on its heels was 1933, which delivered a 5.5% rally.
On the flip side, 1937 and 2000 stand out as exceptions, with losses of 4.6% and 2.4%, respectively, over the same period.
The pattern holds true even during election years, offering hope to traders as 2024 wraps up. In the past 24 election years, the S&amp;P 500 has posted gains in 15 instances, averaging a modest 0.7% return. Notable rallies occurred in 2008, with a 4% rise, and in 1928, when the index climbed 3.4%.
<h3 class="wp-block-heading">10 Santa Rally Hyper Responders</h3>
For traders looking to capitalize on this seasonal tailwind, certain stocks have consistently outperformed during the Santa Claus rally window.
Here are 10 notable S&amp;P 500 stocks that have historically shone between Dec. 24 and Dec. 31 over the last 20 years:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Avg. Return</th>
<th>Median Return</th>
<th>Max Profit</th>
<th>Max Loss</th>
<th>Win Ratio</th>
</tr>
</thead>
<tbody>
<tr>
<td>Newmont Mining Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>+1.68%</td>
<td>+1.36%</td>
<td>+10.76%</td>
<td>-2.97%</td>
<td>65%</td>
</tr>
<tr>
<td>Illumina, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>)</td>
<td>+1.49%</td>
<td>+1.25%</td>
<td>+10.08%</td>
<td>-2.64%</td>
<td>60%</td>
</tr>
<tr>
<td>Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>)</td>
<td>+1.42%</td>
<td>+0.96%</td>
<td>+10.96%</td>
<td>-3.60%</td>
<td>60%</td>
</tr>
<tr>
<td>Assurant, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIZ#NYSE">AIZ</a>)</td>
<td>+1.41%</td>
<td>+0.56%</td>
<td>+14.33%</td>
<td>-4.07%</td>
<td>65%</td>
</tr>
<tr>
<td>Mohawk Industries, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHK#NYSE">MHK</a>)</td>
<td>+1.32%</td>
<td>+1.22%</td>
<td>+8.81%</td>
<td>-3.94%</td>
<td>65%</td>
</tr>
<tr>
<td>Global Payments Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>)</td>
<td>+1.32%</td>
<td>+0.95%</td>
<td>+8.14%</td>
<td>-1.51%</td>
<td>75%</td>
</tr>
<tr>
<td>Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)</td>
<td>+1.28%</td>
<td>+0.52%</td>
<td>+9.27%</td>
<td>-2.89%</td>
<td>60%</td>
</tr>
<tr>
<td>Goldman Sachs Group, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)</td>
<td>+1.27%</td>
<td>+0.39%</td>
<td>+10.40%</td>
<td>-1.41%</td>
<td>70%</td>
</tr>
<tr>
<td>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>+1.25%</td>
<td>+1.13%</td>
<td>+9.63%</td>
<td>-4.70%</td>
<td>60%</td>
</tr>
<tr>
<td>Ralph Lauren Corp. (NYSE RL)</td>
<td>+1.19%</td>
<td>+0.51%</td>
<td>+8.21%</td>
<td>-2.36%</td>
<td>65%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: Seasonax</figcaption></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42671903/investors-aggressively-bought-stocks-etfs-despite-fed-volatile-week-bank-of-america-reveals-largest-inflows-since-2017">Investors Aggressively Bought Stocks, ETFs In Volatile Fed Week: Bank Of America Reveals Largest Inflows Since 2017</a></li>
</ul>
Photo: Shutterstock

Education

ILMN

Santa Claus Rally: 10 S&P 500 Stocks That Consistently Outperform During Year-End Optimism

Aflac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AFL#NYSE">AFL</a>) has outperformed the market over the past 10 years by 1.57% on an annualized basis producing an average annual return of 12.79%. Currently, Aflac has a market capitalization of $57.48 billion. 
Buying $100 In AFL: If an investor had bought $100 of AFL stock 10 years ago, it would be worth $333.03 today based on a price of $103.24 for AFL at the time of writing.
<h3>Aflac's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735074007_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.

Here's How Much You Would Have Made Owning Aflac Stock In The Last 10 Years

AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) has outperformed the market over the past 5 years by 1.88% on an annualized basis producing an average annual return of 15.25%. Currently, AbbVie has a market capitalization of $317.86 billion. 
Buying $100 In ABBV: If an investor had bought $100 of ABBV stock 5 years ago, it would be worth $201.79 today based on a price of $180.00 for ABBV at the time of writing.
<h3>AbbVie's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735073117_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.

ABBV

$100 Invested In AbbVie 5 Years Ago Would Be Worth This Much Today

Comparing net worth is like stepping on the scale after a friend brags about their new fitness routine. You don't want to measure yourself against them, but the curiosity is hard to ignore. If you've ever wondered where you stand financially compared to others your age, the data is clear – and it might just surprise you.&nbsp;
So, <a href="https://www.benzinga.com/personal-finance/24/09/40711869/how-rich-are-you-heres-the-net-worth-that-defines-upper-middle-and-lower-class">are you richer than your peers</a>? While it's not polite to ask, the numbers don't lie. If you're curious about where you stand financially compared to others in your age group, here's what the data says.
Don't Miss:
<ul>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
<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>
</ul>
The Net Worth You'll Need by Age Group
To land in the <a href="https://www.benzinga.com/personal-finance/24/12/42602888/are-you-wealthier-than-you-think-only-2-consider-themselves-upper-class-but-far-more-fall-into-this-elite-bracket">top 10% of Americans</a> for your age, your net worth has to reach some serious milestones. Here's the breakdown from 2022 Federal Reserve data:
• Ages 18–29: $281,550
• Ages 30–39: $711,400
• Ages 40–49: $1,313,700
• Ages 50–59: $2,629,060
• Ages 60–69: $2,808,600
• Ages 70+: $2,547,700
Across all age groups, the overall benchmark to crack the top 10% in the U.S. is a net worth of $1.94 million.
If these numbers seem high, it's because wealth in the U.S. is heavily concentrated at the top. Consider this:
The top 10% of households hold 67% of total household wealth, with an average net worth of $6.9 million.
Meanwhile, the bottom 50% of households own just 2.5% of total wealth, with an average net worth of only $51,000.
See Also: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
Generational Wealth Gaps
Younger generations – Millennials and Gen Z – are making strides in building wealth, but they're still playing catch-up:
• Millennials have accumulated $1.33 for every $1 Gen X had at the same age.
• Similarly, Millennials have $1.32 for every $1 Baby Boomers had when they were younger.
While promising, these figures reflect ongoing challenges like student debt and rising housing costs that disproportionately impact younger adults.
What Does It Mean to Be Wealthy?
Despite the hard numbers, wealth is as much about perception as it is about financial milestones:
On average, <a href="https://www.benzinga.com/money/are-you-rich">Americans believe you need $2.5 million</a> to be considered "wealthy," according to data reported by Charles Schwab.&nbsp;
The number varies by generation:
<ul>
<li>Baby Boomers: $2.8 million</li>
<li>Gen X: $2.7 million</li>
<li>Millennials: $2.2 million</li>
<li>Gen Z: $1.2 million </li>
</ul>
Trending: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?
Average Net Worth by Age
Thanks to factors like income growth, investments, and life events, age plays a significant role in net worth. According to the Federal Reserve's 2022 Survey of Consumer Confidence:
Under 35: Average net worth is $183,380; median is $39,040.
Ages 35–44: Average is $548,070; median is $135,300.
Ages 45–54: Average is $971,270; median is $246,700.
Ages 55–64: Average is $1,564,070; median is $364,270.
Ages 65–74: Average is $1,780,720; median is $410,000.
75+: Average declines to $1,620,100; median falls to $334,700.
Perspective Is Key
Reaching the top 10% is undeniably an accomplishment, but wealth isn't one-size-fits-all. It depends on where you live, your lifestyle, and what financial security means to you personally. Benchmarks like these are helpful guides but don't define your journey.
For a deeper understanding of your financial standing and how to achieve your goals, <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">consider consulting a financial advisor</a> who can tailor a strategy to your unique circumstances.
Read Next:
<ul>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
</ul>

Personal Finance

Think You're Richer Than Your Peers? Here's The Net Worth You Need To Rank Among The Top 10% For Your Age

Loop Media GAAP EPS of -$0.07 beats by $0.02, revenue of $4.4M misses by $0.06M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Loop Media (NYSEMKT:<a href="https://investorplace.com/stock-quotes/lptv-stock-quote/">LPTV</a>) just reported results for the third quarter of 2024.<ul><li>Loop Media reported earnings per share of -7 cents. This was above the analyst estimate for EPS of -8 cents.</li><li>The company reported revenue of $4.35 million.</li><li>This was 5.62% worse than the analyst estimate for revenue of $4.61 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/lptv-stock-earnings-loop-media-for-q3-of-2024/">LPTV Stock Earnings: Loop Media Beats EPS, Misses Revenue for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

LPTV Stock Earnings: Loop Media Beats EPS, Misses Revenue for Q3 2024

Loop Media announces NYSE notice of delisting

Loop Media, Inc. (LPTV) Q3 2024 Earnings Call Transcript

These stocks could have an edge with college football and the NFL starting back up

Loop Media ( ($LPTV) ) has provided an announcement. Loop Media, Inc. has announced its plan to apply for listing its common shares on the OTCQB Ve...

Loop Media Seeks Uplisting to OTCQB Venture Market

An announcement from Loop Media ( ($LPTV) ) is now available. Loop Media, Inc. has experienced significant board and executive changes, including t...

Loop Media Executives Reshuffle and Financial Strategy Update

Loop Media GAAP EPS of -$0.07, revenue of $3.73M

Loop Media, Inc. (LPTV) Q4 2024 Earnings Call Transcript

Loop Media Inc. ( ($LPTV) ) has released its Q4 earnings. Here is a breakdown of the information Loop Media Inc. presented to its investors. Loop M...

Loop Media Faces Revenue Decline, Optimistic on Future

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Press Releases

Live Sports and Other Live Channels Coming to Loop Media

Loop Media Schedules 2024 Fiscal Third Quarter Conference Call for August 7, 2024 at 5:00 p.m. ET

Loop Media Reports 2024 Fiscal Third Quarter Financial Results

Loop Media Announces NYSE American Notice of Delisting

Post NYSE, Loop Media, Inc. Continues Focus on Strengthening Bottom Line while Trading on the OTC

Loop Media, Inc. Announces Intention to Apply to Uplist to the OTCQB Venture Market in the United States

Loop Media Partners With Vesta Stream to Bring Curated FAST Channels and Expand Its Reach Into Residential Spaces

Loop Media, Inc. Announces the Filing of an Application for a Temporary Restraining Order Against GemCap Solutions, LLC

Loop Media Schedules Full Year 2024 and Fiscal Fourth Quarter Conference Call for December 10, 2024, at 5:00 p.m. ET

Loop Media Reports Full Year 2024 and Fiscal Fourth Quarter Financial Results

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