Short interest for MorphoSys gives investors a sense of the degree to which investors are betting on the decline of MorphoSys's stock. Short interest data is updated every two weeks.

MorphoSys Stock (NASDAQ:MOR), Short Interest Report

MorphoSys

MorphoSys AG is a biopharmaceutical company dedicated to the discovery, development and commercialization of therapies for people living with cancer and autoimmune diseases. MorphoSys is advancing its own pipeline of new drug candidates and has created antibodies that are developed by partners in different areas of unmet medical need. Tremfya (guselkumab) - developed by Janssen Research & Development, LLC and marketed by Janssen Biotech, Inc. for the treatment of plaque psoriasis - became the first drug based on MorphoSys antibody technology to receive regulatory approval. The U.S. Food and Drug Administration granted accelerated approval of the company's proprietary product Monjuvi (tafasitamab-cxix) in combination with lenalidomide for patients with a certain type of lymphoma.

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MorphoSys faces safety concerns over pelabresib, a myelofibrosis treatment. Physicians report patients transitioning rapidly to acute myeloid leukemia. FDA alerted. Novartis acquisition proceeds despite setbacks.

MorphoSys Says Novartis Deal Progressing Steadily Despite Safety Concerns Over Bone Marrow Cancer Drug, Pelabresib

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Novartis&#39; €2.7 billion public takeover offer for MorphoSys, unlocking a promising oncology pipeline with pelabresib and tulmimetostat.

Novartis Agrees To Acquire German Blood Cancer-Drug Developer MorphoSys For €2.7B

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Renowned economist Peter Schiff has expressed skepticism over Federal Reserve Chair Jerome Powell&#8217;s dismissal of stagflation concerns.
What Happened: In a post on X, formerly Twitter, on Wednesday, Schiff criticized Powell&#8217;s inability to recognize the signs of stagflation. He compared this to previous Federal Reserve misstatements, such as underestimating the subprime crisis and inflation rates.
He said, &#8220;He sees neither &#8216;stag&#8217; nor &#8216;flation.&#8217; This is the same type of blindness that lead to prevision #Fed misstatements like &#8216;subprime is contained&#8217; and &#8220;inflation is transitory.'&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">At today&#39;s press conference <a href="https://twitter.com/hashtag/Powell?src=hash&amp;ref_src=twsrc%5Etfw">#Powell</a> said he has no idea where all the <a href="https://twitter.com/hashtag/stagflation?src=hash&amp;ref_src=twsrc%5Etfw">#stagflation</a> talk is coming from. He sees neither &quot;stag&quot; nor &quot;flation.&quot; This is the same type of blindness that lead to prevision <a href="https://twitter.com/hashtag/Fed?src=hash&amp;ref_src=twsrc%5Etfw">#Fed</a> misstatements like &quot;subprime is contained&quot; and &quot;inflation is transitory.&quot;
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1785785013394358774?ref_src=twsrc%5Etfw">May 1, 2024</a></blockquote>
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The post came after Powell&#8217;s press conference where he downplayed the possibility of stagflation, a situation characterized by slow economic growth and high inflation.
See Also: <a href="https://www.benzinga.com/news/earnings/24/04/38514380/wall-street-on-edge-ahead-of-fed-decision-spotlight-falls-on-amazon-and-amd-earnings-analyst-says-s?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">S&amp;P 500, Nasdaq Set To Open Lower Ahead Of Fed Decision: What&#8217;s Dragging Stock Futures?</a>
Why It Matters: Powell&#8217;s recent remarks have been focused on <a href="https://www.benzinga.com/markets/equities/24/05/38563545/powell-keeps-hawks-at-bay-says-interest-rate-hike-unlikely-stocks-gold-rally-while-treasury-yiel">reassuring markets</a> about the Federal Reserve&#8217;s stance on inflation. Powell emphasized the need for more time for restrictive monetary policies to bring inflation towards the Fed&#8217;s 2% goal. He also dismissed fears of rate hikes, stating that it was &#8220;unlikely&#8221; that the next policy rate move would be a hike.
However, Schiff&#8217;s tweet suggests that Powell&#8217;s dismissal of stagflation concerns may be a misstep, similar to previous Federal Reserve errors. This criticism comes amidst a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38568674/hawkish-fed-risk-fades-after-powells-remarks-he-set-the-bar-extremely-high-for-rate">cautious stance</a> from the Federal Reserve on returning to the 2% inflation target.
As the debate over inflation and monetary policy continues, the market will be closely watching the Federal Reserve&#8217;s next moves ahead of the June policy meeting.
Photo Courtesy: Wikimedia Commons
Read Next: <a href="https://www.benzinga.com/general/macro-notification/24/04/38526201/is-hawkish-shift-on-inflation-imminent-wall-street-analysts-traders-brace-for-fed-impa?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Is Hawkish Shift On Inflation Imminent? Wall Street Analysts, Traders Brace For Fed Impact</a>
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Economics

Peter Schiff Blasts Jerome Powell For Not Seeing The 'Stag' In Stagflation: 'Same Type Of Blindness' That Lead To 'Inflation Is Transitory' Misstatements

Former President Donald Trump has reportedly acknowledged his desire to participate in the Capitol march that took place on January 6, 2021. He, however, refuted claims that he attempted to seize control of his vehicle to head towards the Capitol.
What Happened: Trump, during a speech to supporters in Wisconsin, confirmed that he had expressed to Secret Service agents his wish to join the Capitol march on the day of the riots. He dismissed the testimony of former White House aide Cassidy Hutchinson, who alleged that Trump had &#8220;lunged&#8221; at the steering wheel in an attempt to drive towards the Capitol, <a href="https://thehill.com/homenews/campaign/4636879-trump-confirms-he-wanted-to-go-to-capitol-on-jan-6/">reported</a> The Hill.
&#8220;Remember the person that said I attacked a Secret Service agent in the front of the car? It's not my deal. I'm a lover, not a fighter,&#8221; said Trump to his supporters, according to the report.
He also told them, &#8220;I'd like to go down there because I see a lot of people walking down.&#8221; 
Trump&#8217;s actions on the day of the Capitol riots have been a key issue in President Joe Biden&#8217;s reelection campaign and are central to federal charges against him in Washington. Ex-White House aide Cassidy Hutchinson&#8217;s testimony before the now-disbanded Jan. 6 committee in 2022 raised new questions about Trump&#8217;s actions and his attempts to join supporters marching towards the Capitol.
However, the driver of Trump&#8217;s car on January 6 contradicted Hutchinson&#8217;s testimony, asserting that Trump never tried to take control of the car. A report from House Republicans released earlier this year supports this claim.
See Also: <a href="https://www.benzinga.com/news/24/04/38480519/trump-vs-biden-new-poll-reveals-shift-in-2024-race-as-public-divided-on-presidents-legacies?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs Biden: New Poll Reveals Shift In 2024 Race As Public Divided On Presidents&#8217; Legacies</a>
Despite this, a copy reviewed by The New York Times suggests that the driver corroborated Hutchinson&#8217;s details about Trump&#8217;s insistence on joining supporters at the Capitol.
Why It Matters: The driver&#8217;s testimony, as reported in March, <a href="https://www.benzinga.com/news/24/03/37604526/did-trump-try-to-grab-the-wheel-of-presidential-limousine-on-jan-6-driver-disputes-earlier-narrative">contradicted earlier allegations</a> that Trump tried to seize control of his vehicle during the Capitol riot. This testimony was part of a larger report by House Republicans that downplays Trump&#8217;s involvement in the day&#8217;s chaos.
Following this, Trump called for the <a href="https://www.benzinga.com/news/24/03/37810833/trump-wants-to-know-if-cassidy-hutchinson-will-be-prosecuted-for-her-limo-testimony-shes-totally-cru">prosecution of Hutchinson</a>. The former president&#8217;s demand for legal action came in response to Hutchinson&#8217;s testimony about the events of January 6.
As the U.S. Supreme Court was scheduled to deliberate Donald Trump's presidential immunity claim, former Republican representative Liz Cheney, who was the vice chair of the Jan.6 committee, called upon the apex court to <a href="https://www.benzinga.com/news/24/04/38356833/liz-cheney-says-trump-doing-everything-possible-to-postpone-jan-6-case-beyond-election-deep-flaws-in">rule against it</a>.
Photo courtesy: Shutterstock
Read Next: <a href="https://www.benzinga.com/news/24/04/38482843/americans-split-on-biden-vs-trump-but-nearly-half-of-all-voters-crave-an-alternative-new-poll-shows?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Americans Split On Biden Vs. Trump — But Nearly Half Of All Voters Crave An Alternative, New Poll Shows</a>
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Politics

Trump Confirms Intent To Join Jan. 6 Capitol March, Denies Lunging At Car's Steering Wheel: 'I'm A Lover, Not A Fighter'

As the cryptocurrency market continues to experience turbulence, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) might be on the brink of a significant upswing, according to historical data.
What Happened: Ali Martinez, a prominent crypto analyst, took to social media platform X to share a promising insight. Martinez highlighted the potential for a substantial Bitcoin surge, based on historical trends.
&#8220;The last three times the #Bitcoin 30-day MVRV dropped below -9% in the last two years, the price of $BTC surged by 64%, 63%, and 99%, respectively. The #BTC 30-day MVRV is currently at -11.6%, suggesting it may be time to buy the dip!&#8221; Martinez wrote.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The last three times the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> 30-day MVRV dropped below -9% in the last two years, the price of <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> surged by 64%, 63%, and 99%, respectively. The <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> 30-day MVRV is currently at -11.6%, suggesting it may be time to buy the dip! <a href="https://t.co/Q85skH7Hyj">pic.twitter.com/Q85skH7Hyj</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1785745504673866190?ref_src=twsrc%5Etfw">May 1, 2024</a></blockquote>
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The MVRV ratio, which divides an asset&#8217;s market capitalization by its realized capitalization, is a pivotal metric in the crypto space. A higher MVRV ratio typically indicates a greater potential profit, potentially leading to increased selling pressure.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38552945/how-did-shiba-inu-become-the-dogecoin-killer-crypto-whale-thinks-its-mission-and-this-one-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">How Did Shiba Inu Become The &#8216;Dogecoin Killer?&#8217; Crypto Whale Thinks &#8216;Its Mission&#8217; And This One Factor Were Key</a>
Why It Matters: This insight comes at a time when the crypto market is facing significant challenges. On the same day, <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38546976/bitcoin-plummets-below-58k-eth-sol-doge-follow-over-400m-liquidated-in-deepest-retrace-in-">Bitcoin&#8217;s value dropped below $58,000</a>, triggering losses for other major cryptocurrencies like Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
Moreover, <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38560890/why-bitcoin-might-drop-another-20-10x-research">crypto research firm 10x Research</a> has predicted a further 20% drop in Bitcoin&#8217;s value, citing the differing risk management approaches between institutional investors and retail traders.
However, if Martinez&#8217;s analysis holds true, Bitcoin could be on the verge of a remarkable recovery. This is particularly noteworthy in light of <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38562986/bitcoin-etf-retail-degens-could-start-selling-their-positions-at-58k-analyst-warns">concerns raised by analysts</a> about potential selling pressure from retail &#8220;degens&#8221; who bought Bitcoin ETFs at around $58,000.
Price Action: Bitcoin is currently priced at $57,635, marking a 1.08% decrease over the last 24 hours. However, it has seen an impressive 30.48% increase since the beginning of the year, according to the data <a href="https://pro.benzinga.com/dashboard">from Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38564859/are-dogecoin-and-shiba-inu-due-a-bounce-this-trader-sees-bull-flag-forming-for-one-coin?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Are Dogecoin And Shiba Inu Due A Bounce? This Trader Sees &#8216;Bull Flag&#8217; Forming For One Coin</a>
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Bitcoin's Historical Data Suggests A Potential 99% Surge, Says Crypto Analyst: 'Time To Buy The Dip!'

Rep. Marjorie Taylor Greene (R-Ga.) has announced her intention to demand a vote next week on a motion to remove Speaker Mike Johnson (R-La.), marking her second attempt to depose a Republican speaker during this Congress.
What Happened: Greene criticized Johnson at a Capitol news conference on Wednesday for collaborating with Democrats to pass major legislation. She stated that it was time for Congress members to publicly declare their stance on Johnson&#8217;s speakership, <a href="https://www.nytimes.com/2024/05/01/us/politics/marjorie-taylor-greene-mike-johnson-speaker.html">reported</a> The New York Times.
&#8220;Every member of Congress needs to take that vote and let the chips fall where they may,&#8221; said Greene. &#8220;And so next week, I am going to be calling this motion to vacate."
Greene&#8217;s move comes just over a week after Johnson advanced a $95 billion aid package for Israel, Ukraine, and other U.S. allies, despite opposition from Greene and other right-wing Republicans. The House Democratic leaders have stated they will vote against the effort to remove Johnson, providing Republicans with sufficient support to quash Greene&#8217;s motion.
Despite the opposition, House rules permit any lawmaker to raise the challenge and force a vote on it within two legislative days. This mechanism was used last fall by right-wing Republicans to remove former House Speaker Kevin McCarthy (R-Calif.) from his post, making him the first speaker in history to be removed.
Greene&#8217;s effort has struggled to gain traction since she filed the motion to vacate the speaker&#8217;s chair a month and a half ago. Only two other Republicans, Rep. Thomas Massie (R-Ky.) and Rep. Paul Gosar (R-Ariz.), have publicly supported the move so far.
In a statement, Johnson condemned the move, calling it &#8220;wrong for the Republican conference, wrong for the institution and wrong for the country&#8221;. He has stated that the effort will not influence his decisions as speaker.
See Also: <a href="https://www.benzinga.com/news/24/04/38508828/edward-snowden-releases-genie-out-of-the-bottle-his-ongoing-poll-shows-people-want-neither-trump-nor?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Edward Snowden Releases &#8216;Genie&#8217; Out Of The Bottle, His Ongoing Poll Shows People Want &#8216;Neither Trump Nor Biden&#8217;</a>
Why It Matters: Greene&#8217;s attempt to oust Johnson has been in the works with Greene accusing Johnson of making &#8220;slimy&#8221; deals with Democrats and urging him to switch parties. 
This was <a href="https://www.benzinga.com/news/24/04/38351863/marjorie-taylor-greene-insists-motion-to-vacate-mike-johnsons-speakership-is-inevitable-do-the-right">reported</a> after the House&#8217;s approval of a $95 billion foreign aid package, which Johnson supported despite opposition from right-wing Republicans, including Greene. 
Greene has been adamant about her motion to vacate Johnson's Speakership, stating that it is <a href="https://www.benzinga.com/news/24/04/38349699/marjorie-taylor-greene-says-mike-johnsons-speakership-is-over-after-house-passes-ukraine-aid-package">inevitable</a>, regardless of his actions. This ongoing tension within the House of Representatives has intensified, with top Democrats <a href="https://www.benzinga.com/news/24/04/38539364/marjorie-taylor-greenes-ouster-threat-against-mike-johnson-gets-top-democrats-rallying-behind-house">rallying to shield</a> Johnson from Greene&#8217;s ouster threat. 
Read Next: <a href="https://www.benzinga.com/news/24/04/38539108/trump-says-if-supreme-court-decides-president-doesnt-get-immunity-then-biden-will-be-prosecuted-for?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Says If Supreme Court Decides President Doesn&#8217;t Get Immunity Then Biden &#8216;Will Be Prosecuted For All His Crimes&#8217;</a>
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Marjorie Taylor Greene Says She Will Attempt To Oust House Speaker Mike Johnson Next Week: 'Let The Chips Fall...'

In a significant move that could impact the upcoming presidential contest between President Joe Biden and Donald Trump, the Arizona Senate has voted to repeal the state&#8217;s 1864 abortion ban.
What Happened: The Arizona Senate, with a 16-14 vote, passed a repeal of the state&#8217;s 1864 ban on abortion. The repeal is anticipated to be swiftly signed by Governor Katie Hobbs, a Democrat. Two Republican senators deviated from party lines to vote in favor of the repeal, reported Reuters on Wednesday.
The Arizona House had earlier passed the measure after several Republicans sided with Democrats. The repeal comes amidst a growing battle over women&#8217;s reproductive rights across the U.S., following the Supreme Court&#8217;s 2022 decision to leave abortion laws up to individual states.
&#8220;I don&#8217;t want us honoring laws about women, written during a time when women were forbidden from voting,&#8221; said Senator Eva Burch (D)
Democrats nationwide, confident that public opinion supports abortion rights, have sought to spotlight the issue ahead of November&#8217;s presidential election. Arizona, a crucial swing state, is at the heart of this debate.
Despite the repeal, abortion restrictions still exist in Arizona. In 2022, the state legislature passed a law banning abortion after 15 weeks of pregnancy. Arizona Democrats have declared they will continue efforts to restore abortion rights through a ballot measure in November.
See Also: <a href="https://www.benzinga.com/news/24/04/38521425/un-confirms-north-korean-ballistic-missile-landed-in-ukraines-kharkiv-in-january-amid-war-with-russi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">UN Confirms North Korean Ballistic Missile Landed In Ukraine&#8217;s Kharkiv In January Amid War With Russia</a>
Why It Matters: The repeal comes in the wake of former President Trump&#8217;s call on Arizona lawmakers to <a href="https://www.benzinga.com/news/24/04/38230658/trump-urges-arizona-lawmakers-to-use-heart-common-sense-and-act-immediately-after-supreme-courts-abo">address the state's abortion laws</a> "as fast as possible" after a Supreme Court ruling that upheld an 1864 law. Trump had <a href="https://www.benzinga.com/news/24/04/38194448/trump-expects-arizona-abortion-law-will-be-straightened-out-biden-campaign-says-ex-president-owns-th">expressed his expectation</a> that the Arizona law would be "straightened out." 
Former Secretary of State Hillary Clinton <a href="https://www.benzinga.com/news/24/04/38195417/hillary-clinton-says-arizonas-near-total-abortion-ban-brought-to-you-by-donald-trump-its-going-great">criticized Trump</a> over Arizona's near-total abortion ban, attributing the controversial law to the former president.
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Read Next: <a href="https://www.benzinga.com/news/24/04/38508828/edward-snowden-releases-genie-out-of-the-bottle-his-ongoing-poll-shows-people-want-neither-trump-nor?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Edward Snowden Releases &#8216;Genie&#8217; Out Of The Bottle, His Ongoing Poll Shows People Want &#8216;Neither Trump Nor Biden&#8217;</a>
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Arizona, Key Battleground State In Potential Trump-Biden Rematch, Repeals Historic Abortion Ban

Whether to invest in real estate in the high-cost Bay Area or channel your funds into achieving Financial Independence, Retire Early (FIRE) can be daunting. Each option has its unique benefits and challenges.
For instance, a Reddit user asked the community if they should buy a house in the San Francisco Bay Area, or focus on FIRE.
<h3 class="wp-block-heading">Buy Home Or FIRE</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090838/Fire-1-1024x585.jpg" alt="" class="wp-image-317443" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090838/Fire-1-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090838/Fire-1-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090838/Fire-1-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090838/Fire-1-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090838/Fire-1.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a Reddit user&#8217;s FIRE confusion &#x7C; Image generation using Dall-E</figcaption></figure>
Here's a gist of their <a href="https://www.reddit.com/r/fatFIRE/comments/1ch3j0e/does_it_make_sense_to_buy_a_house_in_the_bay_area/">question</a>: the user and their wife's earnings total to $1.35 million a year and they have two kids aged 13 and 9.
They don't have any debt and earn a rental income of $5,000 per month from a home they own in California. They use this to offset the $7,000 per month rent in the Bay Area.
The problem here is, they are "sick of renting and want to buy."
"We have about $2.5 million in the bank and another $2.5 million in unvested equity. Between savings, investments, and interest, we save about $600,000 per year. Monthly expenses are $13,000 per month including rent," the user said.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="776" height="448" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090751/FIRE.jpg" alt="" class="wp-image-317441" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090751/FIRE.jpg 776w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090751/FIRE-300x173.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090751/FIRE-768x443.jpg 768w" sizes="(max-width: 776px) 100vw, 776px" /><figcaption class="wp-element-caption">Screenshot of the Reddit post</figcaption></figure>
Median home prices in the Bay Area stand at $1.4 million, but the homes in the user's area are in the $2.5 million range.
The problem? The user wants to save $10 million by 2030 and FIRE. If they buy this house, their FIRE plan would be set back by a decade, to 2040.
So what should they do?
Many users pointed out that owning a home is an important "quality of life" upgrade, while others pointed out that a Bay Area home is a good investment in itself.
Now that we have an answer to the user's problem, here's a breakdown on FIRE to help you weigh your options effectively and make an informed decision geared towards personal and financial satisfaction.
<h3 class="wp-block-heading">Understanding FIRE</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090923/Fire-2-1024x585.jpg" alt="" class="wp-image-317446" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090923/Fire-2-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090923/Fire-2-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090923/Fire-2-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090923/Fire-2-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090923/Fire-2.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a retired person &#x7C; Image generated using Dall-E</figcaption></figure>
FIRE is a movement dedicated to extreme savings and investment that allows proponents to retire far earlier than traditional budgets and retirement plans would permit.
By cutting expenses and increasing your savings rate, you can potentially retire in your 40s or even 30s. This requires discipline and a significant upfront financial sacrifice but promises more free years post-retirement.
<h3 class="wp-block-heading">Real Estate in the Bay Area</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090958/Fire-3-1024x585.jpg" alt="" class="wp-image-317449" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090958/Fire-3-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090958/Fire-3-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090958/Fire-3-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090958/Fire-3-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01090958/Fire-3.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a home in the Bay Area &#x7C; Image generated using Dall-E</figcaption></figure>
The Bay Area is notorious for its sky-high real estate prices. Purchasing a home here is a significant investment and comes with the promise of substantial long-term returns due to the consistently appreciating value.
However, the initial costs and ongoing property taxes can be a financial burden, potentially delaying retirement or impacting your ability to save.
Make sure you weigh both options and consult an advisor in case you need help.
<h3 class="wp-block-heading">Opportunity Cost</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091019/Fire-4-1024x585.jpg" alt="" class="wp-image-317452" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091019/Fire-4-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091019/Fire-4-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091019/Fire-4-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091019/Fire-4-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091019/Fire-4.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Weigh your options &#x7C; Image generated using Dall-E</figcaption></figure>
Investing in a pricey Bay Area property means less money to contribute to your FIRE goals. High mortgage payments could significantly cut into the amount you can save and invest each month.
It's crucial to consider whether the potential appreciation in property value outweighs the benefits of early retirement.
<h3 class="wp-block-heading">Lifestyle Considerations</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091036/Fire-5-1024x585.jpg" alt="" class="wp-image-317453" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091036/Fire-5-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091036/Fire-5-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091036/Fire-5-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091036/Fire-5-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091036/Fire-5.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Lifestyle choices play an important role &#x7C; Image generated using Dall-E</figcaption></figure>
Your lifestyle choices play a crucial role in this decision. If you value stability, putting down roots, and living in a high-demand area, buying in the Bay Area might be worth the investment.
On the other hand, if you prefer flexibility, minimalism, and travel, focusing on FIRE could provide the freedom you desire sooner.
<h3 class="wp-block-heading">Long-term Financial Planning</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091107/Fire-6-1024x585.jpg" alt="" class="wp-image-317456" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091107/Fire-6-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091107/Fire-6-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091107/Fire-6-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091107/Fire-6-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01091107/Fire-6.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Plan your finances judiciously &#x7C; Image generated using Dall-E</figcaption></figure>
It's essential to look beyond immediate costs and benefits. Consider the long-term implications of each choice. Real estate can offer a tangible asset and a potential passive income stream if you choose to rent it out.
Conversely, FIRE can significantly increase your financial options and leisure time in early retirement, providing opportunities for personal growth and exploration that aren't tied to a specific location.
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo generated using Dall-E

Personal Finance

Real Estate

Buy A House In Bay Area Or Use That Money Toward Early Retirement? As Reddit Goes Abuzz, 5 Things You Should Keep In Mind Before Taking A Decision

SGBX

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Ubisoft Technologies SA (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UBSFF#OTC">UBSFF</a>) revealed the release date for Assassin&#8217;s Creed Mirage on iOS and iPadOS is<a href="https://www.benzinga.com/general/gaming"> June 6. </a>
This marked a significant milestone as it would be the first time an Assassin&#8217;s Creed title originally designed for consoles and PC was available natively on Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) mobile platforms, IGN <a href="https://www.ign.com/articles/assassins-creed-mirage-for-iphone-15-pro-and-ipad-gets-june-release-date">reported.</a>
See Also: <a href="https://www.benzinga.com/general/gaming/23/07/33252418/assassins-creed-mirage-introduces-haptic-vest-so-players-can-feel-everything-including-stabs-and-p">Assassin&#8217;s Creed Mirage Introduces Haptic Vest So Players Can Feel Everything, Including Stabs And Parkour</a>
Developed by Ubisoft Sofia, the game promises optimized touch controls alongside support for external controllers such as the Backbone One, catering to a variety of play preferences.
The pricing structure for Assassin&#8217;s Creed Mirage follows a freemium model, allowing players a 90-minute free trial before requiring a $49.99 fee to unlock the full version. 
This approach aims to give players a taste of the game&#8217;s experience before committing to a purchase. 
Additionally, Ubisoft implemented cross-save and cross-ownership functionality, enabling seamless transition and continuation of gameplay between iPhone and iPad devices. 
This feature eliminates the need for players to repurchase the game on different platforms and ensures a consistent experience across their Apple devices.
The announcement of Assassin&#8217;s Creed Mirage&#8217;s release aligns with Apple&#8217;s Wonderlust event, where the iPhone 15 Pro series was unveiled, boasting the powerful A17 Pro chip. 
This chip is purported to deliver console-quality gaming experiences on mobile devices, emphasizing Apple&#8217;s commitment to gaming on its platforms. 
Read Next: <a href="https://www.benzinga.com/markets/asia/24/03/37877704/tencents-assassins-creed-jade-delayed-to-2025-as-focus-shifts-to-dreamstar">Tencent&#8217;s Assassin&#8217;s Creed Jade Delayed To 2025 As Focus Shifts To DreamStar</a>
Photo: <a href="https://www.shutterstock.com/es/g/olivia_Brown">olivia_Brown</a> on Shutterstock.

Gaming

AAPL

UBSFF

Assassin's Creed Mirage Coming To iPhone 15 Pro, iPad In June

Former President Donald Trump was fined $9,000 for violating a gag order for his criminal trial in<a href="https://www.benzinga.com/general/politics/24/04/38523639/judge-threatens-trump-with-incarceration-fines-him-for-violating-gag-order-jail-may-be-a-necessa"> New York on Tuesday.</a>
Not one to miss an opportunity, Trump is using the fines as a rallying cry to ask for more donations from supporters.
What Happened: After being fined $9,000 and threatened with jail time for future gag order violations in his <a href="https://www.benzinga.com/general/politics/24/04/38326553/trump-hush-money-trial-has-12-jurors-here-are-the-7-men-5-women-to-decide-former-presidents-fate">hush money criminal trial,</a> Trump sent out an email to supporters asking for financial help.
"A Democrat judge JUST HELD ME IN CONTEMPT OF COURT!" an email asking for donations for Trump National Committee read, as shared by <a href="https://www.politico.com/news/2024/04/30/trump-gag-order-fine-fundraising-hush-money-case-00155173">Politico</a>.
The Trump National Committee is a joint fundraising effort by Trump's campaign and the Republican National Committee.
"I was fined $9,000 for 9 gag order violations. THEY WANT TO SILENCE ME! They think they can BLEED ME DRY and SHUT ME UP, but I'll NEVER stop fighting for YOU."
The email came with a link to donate and was sent hours after Judge Juan Merchan issued the gag order violation ruling.
Trump's team also placed ads on X, formerly known as Twitter, according to the report with a message of "This has never happened before in HISTORY!" for Trump's contempt of court violation.
Related Link: <a href="https://www.benzinga.com/general/sports-betting/24/05/38562643/formula-1-stops-trump-fundraiser-miami-grand-prix-connection-to-dolphins-owner-draws-atten">Formula 1 Stops Trump Fundraiser; Miami Grand Prix Connection To Dolphins Owner Draws Attention</a>
Why It's Important: The messaging from Trump to his supporters that he's being fined and silenced could resonate and lead to donations and increased support ahead of the 2024 election.
Trump has previously used key legal moments as important timing in donation requests. The former president saw a spike in donations after it was ruled that his assets could be seized related to the civil case in New York against Trump, his two eldest sons and the Trump Organization.
Trump also used his mug shot from an arrest in Georgia that went viral <a href="https://www.benzinga.com/news/23/08/34059149/trumps-mug-shot-fuels-7-1-million-fundraising-surge">as a fundraising opportunity.</a> Trump even <a href="https://www.benzinga.com/news/23/08/34051602/trump-returns-to-twitter-now-x-boasts-more-followers-than-all-gop-opponents-combined">returned to social media platform X</a>, for the first time in years to make a post with his mug shot asking for donations.
While others might've been embarrassed by a mug shot going viral, Trump saw an opportunity to turn the tables and rally his supporters for donations raising millions of dollars.
Trump's current criminal trial sees him needing to be present in New York on Mondays, Tuesdays, Thursdays and Fridays. While this limits his campaign opportunities during the week, Trump is using the trial, which is full of media members, as an opportunity to publicly speak to supporters and raise money for his campaign.
Read Next: <a href="https://www.benzinga.com/general/politics/24/04/38537950/trump-vs-biden-former-president-holds-lead-in-all-7-swing-states-which-candidate-does-robert-f-k">Trump Vs. Biden: Former President Holds Lead In All 7 Swing States, Which Candidate Does Robert F. Kennedy Jr. Hurt More?</a>
Photo: Shutterstock

Legal

Trump Uses Gag Order Fines As Fundraising Opportunity: 'They Want To Silence Me! They Think They Can Bleed Me Dry!'

Office Props IT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPI#NASDAQ">OPI</a>) reported quarterly earnings of $0.79 per share which missed the analyst consensus estimate of $0.81 by 2.47 percent. This is a 27.52 percent decrease over earnings of $1.09 per share from the same period last year. The company reported quarterly sales of $139.435 million which beat the analyst consensus estimate of $129.768 million by 7.45 percent. This is a 5.30 percent increase over sales of $132.422 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Office Props IT Q1 2024 FFO $0.79 Misses $0.81 Estimate, Sales $139.435M Beat $129.768M Estimate

North American (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOA#NYSE">NOA</a>) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $0.64 by 9.38 percent. This is a 18.31 percent decrease over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $220.37 million which missed the analyst consensus estimate of $251.05 million by 12.22 percent. This is a 22.80 percent increase over sales of $179.46 million the same period last year.

North American Q1 Adj EPS $0.58 Misses $0.64 Estimate, Sales $220.37M Miss $251.05M Estimate

Materion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTRN#NYSE">MTRN</a>) reported quarterly earnings of $0.96 per share which met the analyst consensus estimate. This is a 28.36 percent decrease over earnings of $1.34 per share from the same period last year. The company reported quarterly sales of $385.287 million which missed the analyst consensus estimate of $386.840 million by 0.40 percent. This is a 12.93 percent decrease over sales of $442.526 million the same period last year.

MTRN

Materion Q1 2024 GAAP EPS $0.96, Inline, Sales $385.287M Miss $386.840M Estimate

<ul>
<li>Nvidia started 2024 with a strong performance, witnessing a 96% bull rally.</li>
<li>Surpassing $974 might indicate further growth.</li>
<li>Attention is turning towards Nvidia&rsquo;s anticipated first-quarter earnings report.</li>
</ul>
NVIDIA Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) continues to display itself as a standout company, particularly for its solid performance in early 2024. Kicking off the year with significant momentum, Nvidia&#39;s stock experienced a 96% bull rally that continued through to March, nearly reaching the $1000 milestone.
However, the climb halted at $974, facing resistance that put a halt to its upward move, leading to a 13% dip in value. Currently, Nvidia is in a consolidation phase, with its stock price oscillating between $756 and $974.
The market looks optimistic, but the company is walking a fine line. If it drops below $756, it might indicate a downturn, but breaking past $974 could signal further growth.
With May 22 on the horizon, focus is on Nvidia once again and its anticipated first-quarter earnings report. Analysts are forecasting earnings of $5.18 per share, a figure that puts pressure on Nvidia to continue its positive earnings streak from the last four quarters.
A positive earnings report could push the stock to surpass its previous highs. Currently, Nvidia finds itself in a slight downturn, down 2%, while still in consolidation.
<img alt="2024-05-01_19-22-17_0.jpg" src="https://www.benzinga.com/files/u517520/2024-05-01_19-22-17_0.jpg" style="height:345px; width:624px" />
For investors, the message is clear. Patience and vigilance in monitoring key support and resistance levels are crucial. This upcoming earnings report holds the potential to kickstart Nvidia&#39;s next bullish phase.
After the closing bell on Tuesday, April 30, the stock closed at $864.02, trading down by 1.50%.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Tech

NVDA

Nvidia's Roller Coaster Ride Through Early 2024 Sets The Stage For A Potential Market Shakeup As Investors Eye The Critical First Quarter Earnings Report

Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>) reported $157.58 million in sales this quarter. This is a 9.28 percent increase over sales of $144.19 million the same period last year.

Gran Tierra Energy Q1 Sales $157.58M Up From $144.19M YoY

ACRES Commercial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACR#NYSE">ACR</a>) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.30 by 46.67 percent. This is a 69.23 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $18.768 million which missed the analyst consensus estimate of $21.550 million by 12.91 percent. This is a 10.87 percent decrease over sales of $21.058 million the same period last year.

ACRES Commercial Realty Q1 2024 Adj EPS $0.16 Misses $0.30 Estimate, Sales $18.768M Miss $21.550M Estimate

About 80% of millennials and Gen Zers <a href="https://www.forbes.com/advisor/investing/financial-advisor/adults-financial-advice-social-media/">receive</a> financial guidance from social media, which they credit with boosting their financial literacy and making discussions about money less taboo. 
Over 50% also report making money directly from this financial advice. 
But, not all influencers and traders on social media can be trusted. Their claims may be inaccurate or false, sometimes resulting in poor experiences for followers yearning for financial education through doing.
That's where <a href="https://www.parrotfinance.io/" target="_blank" rel="noreferrer noopener">Parrot Finance</a> comes in, addressing potential issues through vetting and verification. Users can follow and replicate the investment decisions of their favorite influencers and investors in-app.
<h1 class="wp-block-heading">Parrot Takes Off</h1>
Founded by female founders <a href="https://www.linkedin.com/in/nikkivaranasi/" target="_blank" rel="noreferrer noopener">Nikki Varanasi</a>, <a href="https://www.linkedin.com/in/lucy-y-739334a5/" target="_blank" rel="noreferrer noopener">Lucy Yang</a> and <a href="http://www.linkedin.com/in/vyang3" target="_blank" rel="noreferrer noopener">Victoria Yang</a>, the San Francisco-based startup draws on extensive experiences in finance, investing, and engineering from McKinsey &amp; Co, Goldman Sachs Group, Coinbase, KKR &amp; Co., The White House and Morgan Stanley. 
In support of their venture, Varanasi shared that Parrot raised more than $2 million from investors, including Techstars, Western Union Co., Harlem Capital, Lightspeed, former Apex Clearing leadership and Litquidity, the viral social media account that's amassed millions of followers.
"Parrots are among the most intelligent birds and can imitate human speech, which represents what we've built and highlights communication and transparency around investing while being able to mimic trades and strategies," Varanasi said.
When approved influencers trade, users receive instant notifications and can replicate by specifying the number of shares or fractional amounts they wish to buy or sell. Influencers can earn revenue by charging a monthly subscription, bringing a Patreon-like model to the finance and investing sector.
"We've integrated with all the top brokers, such as Robinhood, E-Trade, Fidelity, Charles Schwab, TD Ameritrade, Webull, TradeStation, and many more," Varanasi said. "This allows users to seamlessly link their existing brokers to Parrot and trade stocks across all their accounts in one place. Gone are the days of opening multiple apps to invest."
By having influencers connect their brokerage accounts, subscribers see authentic data regarding their portfolios, reducing the potential for misinformation.
"Parrot helps build trust in the investing community and creates a transparent environment for sharing financial journeys. Investing doesn&#8217;t need to feel lonely," said Varanasi.
Aside from creator profiles, the platform has a category for insider and government trades, including portfolios from top politicians like Rep. Nancy Pelosi and Rep. Pete Sessions and CEOs like Mark Zuckerberg, Elon Musk, Jamie Dimon and Warren Buffett.
"We have about 200 profiles of politicians and top business leaders, and users have full access to when these figures buy or sell stock in real-time," Varanasi said. 
"By making this public information accessible in an engaging, delightful user experience, the hope is that users on Parrot will be able to understand the markets better and learn investing strategies from all kinds of prominent figures."
<figure class="wp-block-image aligncenter"><img loading="lazy" decoding="async" width="1600" height="900" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01121412/image-7.png" alt="" class="wp-image-317857" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01121412/image-7.png 1600w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01121412/image-7-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01121412/image-7-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01121412/image-7-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/01121412/image-7-1536x864.png 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /><figcaption class="wp-element-caption">Graphic: Retrieved from Parrot Finance &#8211; App Demo.</figcaption></figure>
<h1 class="wp-block-heading">Where To Find Parrot</h1>
Parrot is live on the <a href="https://apps.apple.com/us/app/parrot-finance/id6448766645" target="_blank" rel="noreferrer noopener">iOS App Store</a>, with an Android version <a href="https://www.parrotfinance.io/" target="_blank" rel="noreferrer noopener">coming soon</a>. The platform has integrated large creators and Discord trading groups, attracting millions of followers.
"We're seeing lots of demand as markets pick up again, and we've positioned ourselves to scale as we continue to partner with quality creators and traders," Varanasi said.
Photo: Courtesy Parrof Finance

Fintech news covering the emerging Financial Technology services sector

Fintech

Social Media

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Parrot Finance, The Patreon For Investing, Allows You To Mimic The Trades of Creators, Traders, Politicians, CEOs

John Bean Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBT#NYSE">JBT</a>) reported quarterly earnings of $0.85 per share which beat the analyst consensus estimate of $0.84 by 1.19 percent. This is a 39.34 percent increase over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $392.300 million which missed the analyst consensus estimate of $396.430 million by 1.04 percent. This is a 0.98 percent increase over sales of $388.500 million the same period last year.

John Bean Techs Q1 2024 Adj EPS $0.85 Beats $0.84 Estimate, Sales $392.300M Miss $396.430M Estimate

DLH Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLHC#NASDAQ">DLHC</a>) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.13 by 7.69 percent. This is a 100 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $101.007 million which beat the analyst consensus estimate of $99.000 million by 2.03 percent. This is a 1.60 percent increase over sales of $99.417 million the same period last year.

DLHC

DLH Hldgs Q2 2024 GAAP EPS $0.12 Misses $0.13 Estimate, Sales $101.007M Beat $99.000M Estimate

Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.01) by 600 percent. This is a 41.67 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $4.978 million which beat the analyst consensus estimate of $4.440 million by 12.12 percent. This is a 15.45 percent increase over sales of $4.312 million the same period last year.

SCKT

Socket Mobile Q1 2024 GAAP EPS $(0.07) Misses $(0.01) Estimate, Sales $4.978M Beat $4.440M Estimate

VerticalScope's more than 65 million registered users will now be able to use OpenPass to securely sign on to over 1,200 communities
New partnership also incorporates an integration with OpenPath
VerticalScope Holdings Inc. (TSX:<a class="ticker" href="https://www.benzinga.com/stock/FORA#TSX">FORA</a>) ("VerticalScope"), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities with 65 million registered users, today announced it has adopted The Trade Desk's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) OpenPass and OpenPath solutions to provide secure authentication for users and enhanced access for advertisers.
OpenPass is a single-sign-on solution created by The Trade Desk that will be deployed across VerticalScope's web communities, providing users with a secure login alternative. As web publishers face concerns related to advertising addressability and consumer privacy, OpenPass allows them to authenticate their users in a transparent manner and provide a premium ad experience.
VerticalScope's platform is home to over 1,200 communities, where specialized interest groups come together at the intersection of content and commerce. From automotive to the outdoors, enthusiasts can share advice, ideas and learn about new products that suit their interests across VerticalScope's communities.
"The ability for publishers like VerticalScope to monetize content at scale in a way that's also transparent and secure for users is exactly what OpenPass was designed to do," says Will Doherty, VP of Inventory Development at The Trade Desk. "As addressability continues to evolve across the web, authenticated environments are the most appealing to advertisers."
VerticalScope is also integrating with The Trade Desk's OpenPath, a solution that will give advertisers a direct path to VerticalScope's premium platform. This direct connection will contribute to a more efficient auction, driving value for both advertisers and VerticalScope. Brands and agencies that advertise on websites like Watchuseek.com, AVSForum.com, MTBR.com and JeepForum.com through The Trade Desk will benefit from this direct connection that offers a more streamlined approach to the digital media-buying process.
"Adding a direct connection with a market leader like The Trade Desk is a great step forward for our business and our customers and will allow us to capture a greater share of spend in the programmatic value chain," said Chris Goodridge, President and COO at VerticalScope. "The Trade Desk is an industry leader, and this partnership offers a secure and premium experience to our users, which is why we're also excited to offer OpenPass as a new login option for our communities."

Small Business

TSX:FORA

VerticalScope Partners With The Trade Desk To Integrate OpenPass And OpenPath

Amgen's Blincyto data send Cullinan higher

New safety risk for MorphoSys drug could complicate Novartis deal - STAT

New safety risk for MorphoSys drug could complicate Novartis deal - STAT (update)

Morphosys (MOR) has released an update. MorphoSys AG has announced a significant change in their shareholder structure, with The Goldman Sachs Grou...

MorphoSys AG Announces Major Shareholder Update

MorphoSys reports Q1 results

Morphosys (MOR) has released an update. MorphoSys AG has entered a definitive agreement to be acquired by Novartis for €68.00 per share, valuing th...

MorphoSys AG Set for Novartis Acquisition

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
MorphoSys (NASDAQ:<a href="https://investorplace.com/stock-quotes/mor-stock-quote/">MOR</a>) just reported results for the first quarter of 2024.<ul><li>MorphoSys reported earnings per share of -$2.25. This was below the analyst estimate for EPS of -35 cents.</li><li>The company reported revenue of $29.87 million.</li><li>This was 49.65% worse than the analyst estimate for revenue of $59.32 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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	The post <a href="https://investorplace.com/earning-results/2024/04/mor-stock-earnings-morphosys-for-q1-of-2024/">MOR Stock Earnings: MorphoSys Misses EPS, Misses Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MOR Stock Earnings: MorphoSys Misses EPS, Misses Revenue for Q1 2024

Morphosys (MOR) has released an update. MorphoSys AG has reported a first-quarter revenue of €27.5 million, mainly from royalties, with R&D expense...

MorphoSys AG Navigates Takeover and Asset Sale

Morphosys (MOR) has released an update. MorphoSys AG reported a significant change in share ownership, with Barclays PLC now holding over 10% of vo...

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MorphoSys Stock (NASDAQ:MOR), Short Interest Report

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