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Marpai

Marpai Inc operates as a health plan company. It uses A.I. to predict and help prevent costly events for its members, and in turn, lower its clients' health care costs. It offers a health plan services system that addresses the problems of healthcare past and enables companies to provide healthcare to employees. The company generates the majority of its revenue from the United States.

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Marpai Inc

Ratings for iRhythm Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRTC#NASDAQ">IRTC</a>) were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $119.83, a high estimate of $152.00, and a low estimate of $86.00. This upward trend is evident, with the current average reflecting a 11.78% increase from the previous average price target of $107.20.
<img src="https://www.benzinga.com/files/images/story/2025/1740142850_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive iRhythm Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Saxon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$138.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>David Saxon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$112.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Suraj Kalia</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$120.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Richard Newitter</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$111.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>William Plovanic</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$152.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Nathan Treybeck</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$86.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to iRhythm Technologies. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of iRhythm Technologies compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of iRhythm Technologies's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of iRhythm Technologies's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/IRTC/analyst-ratings?utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on iRhythm Technologies analyst ratings.</a>
<h2>Unveiling the Story Behind iRhythm Technologies</h2>
iRhythm Technologies Inc is a commercial-stage digital healthcare company redefining the way cardiac arrhythmias are clinically diagnosed by combining wearable biosensing technology with cloud-based data analytics and machine-learning capabilities. The company's portfolio includes ambulatory cardiac monitoring services on a platform, called the Zio service, which combines an easy-to-wear and unobtrusive biosensor that can be worn for several days with powerful proprietary algorithms that distill data from millions of heartbeats into clinically actionable information. The company derived its revenue from the United States.
<h3>Unraveling the Financial Story of iRhythm Technologies</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: iRhythm Technologies displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 18.41%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Health Care sector.
Net Margin: iRhythm Technologies's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -31.3%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -54.03%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): iRhythm Technologies's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -5.05%, the company may face hurdles in achieving optimal financial returns.
Debt Management: iRhythm Technologies's debt-to-equity ratio is notably higher than the industry average. With a ratio of 10.25, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

IRTC

Breaking Down iRhythm Technologies: 6 Analysts Share Their Views

Ratings for Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $13.71, a high estimate of $16.00, and a low estimate of $12.00. Witnessing a positive shift, the current average has risen by 6.61% from the previous average price target of $12.86.
<img src="https://www.benzinga.com/files/images/story/2025/1740142839_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Rivian Automotive. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vijay Rakesh</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$14.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Joseph Spak</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Jordan Levy</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$14.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Andres Sheppard</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$13.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Jordan Levy</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Hold</td>
<td>$12.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>George Gianarikas</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$18.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Rivian Automotive. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rivian Automotive compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Rivian Automotive's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Capture valuable insights into Rivian Automotive's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RIVN/analyst-ratings?utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Rivian Automotive analyst ratings.</a>
<h2>Discovering Rivian Automotive: A Closer Look</h2>
Rivian Automotive Inc designs, develops, and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).
<h3>Financial Insights: Rivian Automotive</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Rivian Automotive's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -34.63%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Rivian Automotive's net margin excels beyond industry benchmarks, reaching -125.86%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Rivian Automotive's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -17.3%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Rivian Automotive's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -7.43%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Rivian Automotive's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.06.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

RIVN

7 Analysts Have This To Say About Rivian Automotive

Goldman Sachs analyst Caitlin Burrows upgrades First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) from Sell to Neutral and raises the price target from $52 to $59.

Upgrades

Price Target

Goldman Sachs Upgrades First Industrial Realty to Neutral, Raises Price Target to $59

Alibaba Gr Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Alibaba Gr Hldgs, revealing an average target of $148.25, a high estimate of $180.00, and a low estimate of $125.00. This upward trend is evident, with the current average reflecting a 21.02% increase from the previous average price target of $122.50.
<img src="https://www.benzinga.com/files/images/story/2025/1740142829_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Alibaba Gr Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eddie Leung</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$117.00</td>
</tr>
<tr>
<td>Jiong Shao</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$180.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Colin Sebastian</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$125.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Alicia Yap</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$138.00</td>
<td>$133.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Alibaba Gr Hldgs. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Alibaba Gr Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Alibaba Gr Hldgs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Alibaba Gr Hldgs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/BABA/analyst-ratings?utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Alibaba Gr Hldgs analyst ratings.</a>
<h2>About Alibaba Gr Hldgs</h2>
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.
<h3>Financial Insights: Alibaba Gr Hldgs</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Alibaba Gr Hldgs displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 5.21%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Alibaba Gr Hldgs's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 18.55% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Alibaba Gr Hldgs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 4.64%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.47%, the company showcases effective utilization of assets.
Debt Management: Alibaba Gr Hldgs's debt-to-equity ratio is below the industry average at 0.21, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BABA

Assessing Alibaba Gr Hldgs: Insights From 4 Financial Analysts

Living on minimum wage in 2024 isn't just tough—it's nearly impossible. New data shows that rent alone takes up 90% of a full-time minimum wage earner's paycheck. And that's before food, utilities, transportation, or any <a href="https://www.benzinga.com/news/23/11/35973078/cost-of-living-in-the-us-is-much-higher-than-pre-pandemic-levels-report">other basic expenses.</a>
Minimum Wage Hasn&#8217;t Kept Up—Not Even Close
The federal minimum wage <a href="https://www.minimum-wage.org/federal">sits at $7.25 per hour</a>, the same as it's been since 2009. That means a full-time worker earns about $1,276 per month. Meanwhile, the average rent in the U.S. is now $1,148 per month—leaving just $128 for everything else. That's not a typo.
Don't Miss:
<ul>
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In 1984, <a href="https://www.benzinga.com/personal-finance/25/02/43578779/warren-buffett-said-anybody-whos-willing-to-work-40-hours-a-week-deserves-a-decent-life-but-proposes-a-minimum-income-not-minimum-wage-2">minimum wage workers</a> had it tough, but at least rent only took up 41% of their earnings. Fast forward 40 years, and that percentage <a href="https://www.huduser.gov/portal/datasets/fmr.html#history">has more than doubled.</a> And it's <a href="https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=3.35&amp;year1=198401&amp;year2=202401">not just rent</a>—utilities now eat up 32.8% of minimum wage income, and food takes another 67.4%. The math simply doesn't work.
Forget Buying A Home—It's 23.4x A Minimum Wage Salary
Dreaming of homeownership? That's even more out of reach. The average home now <a href="https://fred.stlouisfed.org/series/ASPUS">costs 23.4 times</a> a full-time minimum wage salary. In 1984, it was 13.8 times. Even lower-tier homes (in the 5th to 35th percentile range) now require mortgage payments <a href="https://www.bls.gov/cex/tables/top-line-means.htm">that are 133.1%</a> of a minimum wage worker's entire income.
Even if two minimum wage earners pooled their salaries, they'd still fall short. Their combined earnings would only cover about 66.6% of the mortgage payments on a low-cost home—far above the recommended debt-to-income ratio.
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-y2"> you can become an investor for $0.80 per share today.</a>
Can Two People Make It Work? Not Really.
Maybe the solution is doubling up. Two full-time minimum wage earners bring in $2,552 per month. But even with that combined income, average rent still <a href="https://www.bls.gov/cex/tables/top-line-means.htm">eats up nearly half.</a> Add utilities, food, and healthcare, and they're still falling short.
In 1984, two people on minimum wage could at least scrape by—basic expenses added up to about 107% of their combined income. Not great, but survivable. In 2024? Those same costs <a href="https://www.bls.gov/cex/tables/top-line-means.htm">are now 164.4% </a>for homeowners and 202.2% for renters.
See Also: Commercial real estate has historically outperformed the stock market, and<a href="https://equitymultiple.com/benzinga?invite=benzinga&amp;utm_campaign=product-promotion-earn&amp;utm_source=yahooFinance&amp;utm_medium=affiliate&amp;utm_content=stockmarket-yahoo"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
The Bottom Line
The minimum wage was never meant to make people rich. But in 2024, it's not even enough to survive. Rent alone is wiping out paychecks, and other essentials like food and utilities are climbing too. Without major wage increases or drastic cost-of-living changes, minimum wage workers are stuck in an impossible financial trap.
Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today.<a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=benzinga&amp;utm_campaign=ben&amp;utm_content=y2_5MilNestEgg"> SmartAsset&#8217;s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost</a> to decide which one is right for you.
<h2 class="wp-block-heading">Looking For Higher-Yield Opportunities In A Shifting Market?</h2>
The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified <a href="https://www.benzinga.com/money/benzingas-favorite-high-yield-investments">some of the most attractive options for you to consider</a>.&nbsp;
For instance, the <a href="https://www.benzinga.com/go/equitymultiple-yf">Ascent Income Fund</a> from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. <a href="https://www.benzinga.com/go/equitymultiple-yf">Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only)</a>.
Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. <a href="https://www.benzinga.com/money/benzingas-favorite-high-yield-investments">Check out Benzinga's favorite high-yield offerings.</a>&nbsp;

Real Estate

Rent Now Costs 90% Of Minimum Wage—Can You Afford Anything Else?

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Ardelyx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARDX#NASDAQ">ARDX</a>) in the last three months.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $6.75, a high estimate of $8.00, and a low estimate of $5.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 6.9%. 
<img src="https://www.benzinga.com/files/images/story/2025/1740142817_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A clear picture of Ardelyx's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ed Arce</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$5.50</td>
<td>$5.50</td>
</tr>
<tr>
<td>Christopher Raymond</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$8.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Ed Arce</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$5.50</td>
<td>$5.50</td>
</tr>
<tr>
<td>Chris Howerton</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$8.00</td>
<td>$11.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ardelyx. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Ardelyx compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Ardelyx's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ARDX/analyst-ratings?utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Ardelyx analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap?utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">you can start by tracking it here</a>.
<h2>Get to Know Ardelyx Better</h2>
Ardelyx Inc is a biotechnology company focused on the discovery, development, and commercialization of innovative, first-in-class medicines that meet significant unmet medical needs. The company has a proprietary drug discovery and design platform. Its lead product candidate is tenapanor, which aims to reduce the absorption of dietary sodium and phosphorus for the treatment of kidney disease, irritable bowel syndrome with constipation, and hyperphosphatemia in patients with dialysis.
<h3>Ardelyx: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Ardelyx's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 74.21%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.
Net Margin: Ardelyx's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.82% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Ardelyx's ROE stands out, surpassing industry averages. With an impressive ROE of -0.53%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Ardelyx's ROA stands out, surpassing industry averages. With an impressive ROA of -0.23%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 0.66, Ardelyx faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARDX

Breaking Down Ardelyx: 4 Analysts Share Their Views

Needham analyst Bernie McTernan maintains Unity Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) with a Buy and raises the price target from $26 to $33.

Needham Maintains Buy on Unity Software, Raises Price Target to $33

Goldman Sachs analyst Caitlin Burrows upgrades Terreno Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) from Neutral to Buy and raises the price target from $65 to $77.

TRNO

Goldman Sachs Upgrades Terreno Realty to Buy, Raises Price Target to $77

Ye, formerly known as Kanye West, may be set to <a href="https://www.benzinga.com/25/02/43583457/kanye-west-has-no-plans-of-introducing-his-meme-coin-coins-prey-on-the-fans-with-hype">launch a cryptocurrency called YZY</a>, marking his latest move in a long string of business ventures.
What Happened: Quoting sources familiar with the project, Coindesk <a href="https://www.coindesk.com/tech/2025/02/21/kanye-west-self-proclaimed-nazi-who-said-coins-prey-on-fans-plans-yzy-token">reported</a> that the token is intended to serve as the official currency of his Yeezy brand while allowing him to sidestep traditional financial platforms that have distanced themselves from him due to his public controversies.
The YZY token's structure has already raised concerns. 
Seventy percent of its total supply will be allocated to Ye himself, with only a small portion set aside for investors and liquidity. 
This centralized ownership model closely resembles that of U.S. President Donald Trump's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) token, which saw 80% of its supply held by a company tied to him.
Initially scheduled for release on Ye's website, YZY's launch was delayed at the last minute. 
Insiders suggest the decision came as the team reconsidered its timing in light of a recent scandal involving Argentina's president, Javier Milei, and <a href="https://www.benzinga.com/25/02/43839293/entitied-tied-to-libra-token-creator-reportedly-removed-99-million-in-liquiditytraders-lost-over-250-million-in-scam">the LIBRA token</a>.
The Milei-endorsed coin collapsed soon after launch, triggering public outrage and raising questions about the risks of politically and celebrity-backed digital assets.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43857831/sec-scales-back-crypto-enforcement-expands-focus-to-cyber-fraud">SEC Scales Back Crypto Enforcement, Expands Focus To Cyber Fraud</a>
Why It Matters: Similar concerns surround YZY.
Crypto analysts warn that tokens heavily concentrated in the hands of a single individual often lead to volatile price movements, where early hype drives prices up before they collapse, leaving retail investors at a loss. 
While the team behind YZY claims there will be a vesting period preventing immediate sales of Ye's tokens, critics argue that such structures still favor insiders over everyday investors.
Ye's cryptocurrency venture follows years of financial and public controversies. 
In 2022, he lost major deals with Adidas and Balenciaga after making antisemitic statements. 
More recently, Shopify removed his online store after he listed products featuring offensive symbols, further limiting his ability to conduct business through mainstream platforms. Earlier this month, Ye went on a tear on X, praising Adolf Hitler and calling himself &#8220;<a href="https://www.yahoo.com/entertainment/kanye-west-praises-hitler-disturbing-143821600.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAKsKW-o09cAiit0R0e6UfE94PXfyzPtOvdxyuItm6wiG6SNeSXnt4fZnJKhdOtnoqH7s1qOPitCs4u3F-w5UNU4mslyIMetU7mBniONvH_yMMLlS6fhXxnj76l2TgE2estM1mBLKFfWRJTOvPtNe5gRlL56c0MZMzPpHOY8zwW-2">a nazi</a>.&#8221;
Despite his past statements dismissing cryptocurrency, Ye appears to have changed course, recognizing the potential for blockchain to offer a censorship-resistant revenue stream. 
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Image: Shutterstock

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

Cryptocurrency

$TRUMP

After 'I'm A Nazi' Rant On X, Kanye West Is Reportedly Considering A Token After All

Needham analyst Mayank Tandon maintains Globant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) with a Buy and lowers the price target from $265 to $220.

GLOB

Needham Maintains Buy on Globant, Lowers Price Target to $220

BLUE

Trading Halt: Halt status updated at 7:55:00 AM ET: Quotation Resumption: News and Resumption Times

B of A Securities analyst Eddie Leung maintains Alibaba Gr Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) with a Buy and raises the price target from $117 to $150.

B of A Securities Maintains Buy on Alibaba Gr Hldgs, Raises Price Target to $150

Needham analyst Mayank Tandon maintains Grid Dynamics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDYN#NASDAQ">GDYN</a>) with a Buy and raises the price target from $25 to $30.

GDYN

Needham Maintains Buy on Grid Dynamics Holdings, Raises Price Target to $30

B of A Securities analyst Michael McGovern maintains Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) with a Buy and raises the price target from $252 to $270.

CVNA

B of A Securities Maintains Buy on Carvana, Raises Price Target to $270

Tesla Inc. and SpaceX CEO, Elon Musk embraced his meme status during his recent appearance at CPAC 2025, tying it to his association with the popular cryptocurrency, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
What Happened: During the interview with Newsmax host Rob Schmitt, Musk described himself as &#8220;living the meme,&#8221; a reference to his connection with Dogecoin, a cryptocurrency that originated from the internet-famous Doge meme featuring a Shiba Inu dog. Initially created as a meme, Dogecoin evolved into a real cryptocurrency thanks to Musk&#8217;s public support.
&#8220;Doge started out as a meme. Think about it. And now, it&#8217;s real. Isn&#8217;t that crazy? But it&#8217;s cool.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@ElonMusk</a> at <a href="https://twitter.com/hashtag/CPAC2025?src=hash&amp;ref_src=twsrc%5Etfw">#CPAC2025</a>: &quot;I am become meme. Yeah. Pretty much. I&#39;m jus &#8212; I&#39;m living the meme. I&#39;m just like, living the dream And there&#39;s living the meme, and it&#39;s pretty much what&#39;s happening. I mean, Doge started out as a meme. Think about it. And now, it&#39;s real. Isn&#39;t that… <a href="https://t.co/rFZkPnkdof">pic.twitter.com/rFZkPnkdof</a>
&mdash; Curtis Houck (@CurtisHouck) <a href="https://twitter.com/CurtisHouck/status/1892700492985147489?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
SEE ALSO: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43874379/dogecoin-millionaire-pushes-conviction-plays-like-pepe-like-theres-no-tomorrow-best-time-to-start-buying">Dogecoin &#8216;Millionaire&#8217; Pushes &#8216;Conviction Plays&#8217; Like PEPE Like There&#8217;s No Tomorrow: &#8216;Best Time To Start Buying&#8217;</a>
Why It Matters: The Conservative Political Action Conference (CPAC), which took place from&nbsp;February 19-22, 2025, in Washington,&nbsp;D.C., is a significant gathering for conservatives. Musk&#8217;s participation indicates his growing&nbsp;involvement in political and cultural&nbsp;spheres, including his support for&nbsp;the Trump administration&#8217;s policies. 
In recent times, Elon Musk has also faced a lot of criticism regarding his involvement in the U.S. government. Reportedly, Tesla l<a href="https://www.benzinga.com/news/global/25/01/43172806/tesla-lost-15-billion-in-brand-value-in-2024-report-says-did-elon-musks-political-push-hurt-ev-giant">ost $15 billion in brand value in 2024 </a>due to Musk&#8217;s political opinion and open support for Trump.
In the event, Musk also spoke about the change in his perspective over the past several years, and his thoughts about the federal policy and regulation. The highlight of the event was the peculiar yet symbolic gold-plated chainsaw—an unusual gift from Argentine President Javier Milei to Musk representing the latter&#8217;s stance against government spending. 
The Tesla CEO also expressed a strong interest in touring the U.S. gold depository at Fort Knox, Kentucky. Notably, President Donald Trump and Elon Musk have <a href="https://www.benzinga.com/markets/commodities/25/02/43875860/trump-plans-fort-knox-gold-inspection-as-prices-soar-past-2940if-the-gold-isnt-there">revived long-standing debates</a> about the U.S. government&#8217;s gold reserves at Fort Knox, as gold prices soar to record highs exceeding $2,940 per ounce.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/general/space/25/02/43877217/spacex-ceo-elon-musk-pegs-delay-in-returning-sunita-williams-and-butch-wilmore-from-space-station-to-political-reasons">SpaceX CEO Elon Musk Pegs Delay In Returning Sunita Williams And Butch Wilmore From Space Station To &#8216;Political Reasons&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Politics

Tech

$DOGE

Dogecoin's Journey From Memecoin To 'Real' Money 'Crazy But Cool,' Says Elon Musk: 'I Am Living The Meme'

Anglo American (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/AAUKF#OTCQX">AAUKF</a>) has signed a $5 billion agreement with Chilean state-owned miner Codelco to develop their neighboring Los Bronces and Andina operations jointly. The deal will further strengthen the company's footing in the leading<a target="_blank" href="https://www.benzinga.com/topic/copper" rel="noreferrer noopener"> copper-producing region.</a>
The production at those sites is set to begin in 2030, yielding 2.7 million tons of additional copper over 21 years. Anglo American owns the Los Bronces mine, which produced 215,000 tons of copper in 2023, while Codelco's Andina division, which includes the Rio Blanco and Sur Sur mines, produced 164,500 tons.
Both companies will retain full ownership of their assets and continue operating separately. Following the announcement, Anglo American shares surged over 5%.
"Copper is at the forefront of our growth ambitions," Anglo American CEO Duncan Wanblad said in the<a target="_blank" href="https://www.angloamerican.com/media/press-releases/2025/20-02-2025b" rel="noreferrer noopener"> statement</a>. "We already have a clear pathway to more than 1 million tons of annual copper production by the early 2030s, a 30% increase."
Codelco has a long history of working with private companies to boost production and efficiency. It currently owns a 49% stake in the El Abra copper mine with Freeport-McMoRan and a 42.3% stake in the Agua de la Falda project with Rio Tinto.
In 2023, it acquired a 10% stake in Teck Resources' Quebrada Blanca copper mine. The company is actively seeking new partnerships as it works to recover from declining production and growing debt.
Alongside the multi-billion-dollar partnership, Anglo American announced a<a target="_blank" href="https://www.angloamerican.com/media/press-releases/2025/20-02-2025b" rel="noreferrer noopener"> full-year 2024 result</a>, marking a net loss of $3.1 billion – largely due to a $2.9 billion impairment on the<a target="_blank" href="https://www.benzinga.com/news/guidance/25/02/43523263/debeers-slashes-production-guidance-as-anglo-american-considers-another-goodwill-impairment" rel="noreferrer noopener"> struggling </a><a target="_blank" href="https://www.benzinga.com/news/guidance/25/02/43523263/debeers-slashes-production-guidance-as-anglo-american-considers-another-goodwill-impairment" rel="noreferrer noopener">De Beers</a><a target="_blank" href="https://www.benzinga.com/news/guidance/25/02/43523263/debeers-slashes-production-guidance-as-anglo-american-considers-another-goodwill-impairment" rel="noreferrer noopener"> diamond business</a>. In contrast, Anglo had reported a net profit of $283 million in 2023.
Despite De Beers' challenges, Anglo American is moving forward with a plan to separate the business.
"The work to separate De Beers is well underway, with action taken to strengthen cash flow in the near term and position De Beers for long-term success and value realization," Wanblad said.
Regardless of the financial setbacks, Anglo American has made progress in its portfolio optimization efforts following BHP's $49 billion failed takeover last year. The company has agreed to sell its steelmaking coal and<a target="_blank" href="https://www.benzinga.com/news/asset-sales/25/02/43784881/anglo-american-offloads-nickel-business-in-500m-deal-details" rel="noreferrer noopener"> nickel businesses</a> for up to $5.3 billion in gross cash proceeds, with the demerger of Anglo American Platinum expected in June.
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Large Cap

Legal

AAUKF

NGLOY

Anglo American Signs $5 Billion Partnership With Codelco, DeBeers Weighs On Financial Results

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) supporter and advocate Michael Saylor called on the U.S. government to accumulate BTC to eliminate the national debt and benefit its <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43765261/bitcoin-reserve-can-potentially-secure-u-s-superpower-status">citizens and taxpayers</a>.
What Happened: At the CPAC Conference, Saylor on Thursday <a href="https://x.com/WatcherGuru/status/1892646842585751688">championed</a> Bitcoin as the ultimate form of economic sovereignty and sound money. 
He emphasized that Bitcoin aligns with Satoshi Nakamoto's vision, empowering individuals against centralized entities like governments, banks and big tech.
According to Saylor, Bitcoin represents a censorship-resistant, tamper-proof ledger (ensuring integrity), self-custodial ownership (ensuring sovereignty) and an economic energy source immune to debasement, seizure or manipulation.
As Executive Chairman and co-founder of Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Saylor detailed how adopting Bitcoin transformed his company, shifting it from stagnation to exponential growth. 
He argues that Bitcoin offers businesses an escape from: bank dependence, government monetary policies and inflationary currencies.
Saylor called on the U.S. government to accumulate Bitcoin, claiming it would eliminate national debt, strengthen the dollar, and solidify U.S. leadership in the digital economy. &nbsp;He stated, "There is only room for one nation-state to buy up 20% of the network, and that should be the United States."
Saylor believes if the U.S. acquires between 4–6 million BTC, it could generate $50 trillion to $80 trillion in benefits for American citizens and taxpayers.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43858235/bitcoin-down-6-over-the-past-month-why-is-btc-not-going-up">Bitcoin Down 6% Over The Past Month: Why Is BTC Not Going Up?</a>
What's Next: Saylor highlighted Bitcoin as the economic armor which protects individuals from financial oppression and confiscation, much like a deterrent against economic control. He added that when you own BTC, "no mayor no government no collectivist no socialist can debank you they can&#8217;t take your money away they can&#8217;t impoverish you."
He describes Bitcoin as a fundamental shift in economic power, securing generational wealth and offering individuals true financial freedom.
Read Next:
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Image: Shutterstock

$BTC

MSTR

Michael Saylor: 'Bitcoin Is Economic Armor', Calls On US To Accumulate BTC

Loar Holdings Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOAR#NYSE">LOAR</a>) shares are trading lower premarket on Friday. The company signed a put option agreement to acquire 100% of&nbsp;LMB Fans &amp; Motors for 365 million euros (around $382 million) plus net debt,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/ac43867432/loar-announces-put-agreement-to-acquire-lmb-fans-motors-and-record-preliminary-fourth-quarter-and" rel="noreferrer noopener">payable in cash at closing</a>.&nbsp;
Founded over 60 years ago, LMB is a specialty player in designing and producing customized high-performance fans and motors.
The put option grants Loar exclusive rights to finalize the deal, pending consultation with LMB&#8217;s social and economic committee.
Loar plans to finance the acquisition through additional borrowings under its existing credit agreement and available cash.
The transaction&nbsp;is expected&nbsp;to close in&nbsp;the third&nbsp;quarter of 2025, following regulatory approvals and customary closing conditions.&nbsp;
Preliminary Results: For&nbsp;the fourth quarter&nbsp;of 2024, the company&nbsp;sees&nbsp;net sales of $108.1&nbsp;million-$110.1&nbsp;million (vs. consensus of $100.01 million), Adjusted EBITDA of $39.0&nbsp;million-$39.8&nbsp;million and net income of $2.7&nbsp;million-$3.3 million.
For 2024, Loar expects net sales of $400.5&nbsp;million-$402.5&nbsp;million (vs. consensus of $392.7 million), Adjusted EBITDA of $145.2 million- $146.0&nbsp;million and net income of $21.2&nbsp;million-$21.8&nbsp;million.
Outlook: For FY25, the company continues to expect net sales of $470 million and $480 million (vs. consensus of $483.4 million), while adjusted EPS outlook raised to $0.67-$0.72 (<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">vs. consensus of $0.72) from $0.45-$0.50</a>.
&#8220;Given the visibility provided by our backlog we are reaffirming our topline and Adjusted EBITDA 2025 guidance as well as updating the guidance for the impact of the secondary offering completed in December 2024,&#8221; stated Glenn D&#8217;Alessandro, Loar&#8217;s Treasurer and CFO.
The company plans to release the fourth quarter and 2024<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> earnings&nbsp;on March 31, 2025</a>.
As of September 30, 2024, cash and cash <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/ac41937195/loar-holdings-inc-reports-q3-2024-results-upward-revision-to-2024-and-initial-2025-guidance" rel="noreferrer noopener">equivalent stood at $55.179 million</a>.
Price Action: LOAR shares are down 0.58% at $69.00 premarket at the last check Friday.
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Photo via Shutterstock.

Mid Cap

Loar Holdings Expands With LMB Acquisition, Raises FY25 EPS Outlook

B of A Securities analyst Curtis Nagle maintains Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) with a Neutral and lowers the price target from $52 to $50.

B of A Securities Maintains Neutral on Wayfair, Lowers Price Target to $50

Needham analyst Bernie McTernan reiterates Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) with a Buy and maintains $50 price target.

Reiteration

Needham Reiterates Buy on Wayfair, Maintains $50 Price Target

Small Cap

Press Releases

MARPAI PRESIDENT JOHN POWERS TABBED TO SPEAK AT 3 ELITE HEALTHCARE CONFERENCES

MARPAI TO HOST WEBCAST ON AUGUST 8, 2024 TO DISCUSS SECOND QUARTER 2024 FINANCIAL RESULTS

MARPAI REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS

MARPAI ANNOUNCES NEW "OFF CYCLE" CLIENT CONTRACT

MARPAI TO HOST WEBCAST ON NOVEMBER 12, 2024 TO DISCUSS THIRD QUARTER 2024 FINANCIAL RESULTS

MARPAI REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS

Insurance

MARPAI ANNOUNCES GENERAL UPDATES FOR Q4

Offerings

MARPAI ANNOUNCES PRICING OF $700,000 PRIVATE PLACEMENT

MARPAI ANNOUNCES SECOND TRANCHE OF NON-DILUTIVE GROWTH FUNDING WITH UP TO $5 MILLION FROM JGB

Contracts

Health In Tech Announces Innovative Collaboration with MARPAI and Vitable DPC to Offer Competitive Quotes in Enhanced Self-Funded Solutions

Maxim Group

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