Latest news for Ophir Metals (OTC:OPHRF) Stock

Ophir Metals Corp is a diversified mineral exploration company focused on the exploration and development of the Radis and Pilipas Lithium Properties in James Bay, Quebec, and the past-producing Breccia gold property located in Lemhi County, Idaho.

Ophir Metals Corp

<a href="https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token?utm_source=twitter&amp;cmpid=socialflow-twitter-business&amp;utm_content=business&amp;utm_campaign=socialflow-organic&amp;utm_medium=social&amp;sref=2h1zKciy">https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token?utm_source=twitter&amp;cmpid=socialflow-twitter-business&amp;utm_content=business&amp;utm_campaign=socialflow-organic&amp;utm_medium=social&amp;sref=2h1zKciy</a>
Financial services and banking giant <a href="https://www.bloomberg.com/quote/STT:US">State Street Corp.</a> is exploring ways to get involved in settling payments on blockchain, according to a person familiar with the matter.
The Boston-based asset manager, which reported higher-than-expected revenue and interest income on Tuesday, is exploring creating its own stablecoin — a cryptocurrency that runs on a blockchain and is pegged to an asset such as the dollar. It's also considering creating its own deposit token, which would represent customer deposits on a blockchain, according to the person, who asked for anonymity because the work hasn't been made public. A State Street spokesperson declined to co

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

Cryptocurrency

News

Markets

"State Street Said To Explore Creating Stablecoin, Deposit Token; The Asset Manager Is Looking At Crypto Settlements Options; Timeline For Implementation Has Not Been Set Yet" - Bloomberg News

Boston Beer Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAM#NYSE">SAM</a>) short percent of float has fallen 15.79% since its last report. The company recently reported that it has 278 thousand shares sold short, which is 3.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.75 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Boston Beer Co Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721233831_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Boston Beer Co has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Boston Beer Co's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Boston Beer Co's peer group average for short interest as a percentage of float is 5.24%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Is The Market Feeling About Boston Beer Co?

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) has outperformed the market over the past 5 years by 7.33% on an annualized basis producing an average annual return of 20.52%. Currently, Carpenter Tech has a market capitalization of $5.91 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 5 years ago, it would be worth $259.11 today based on a price of $119.18 for CRS at the time of writing.
<h3>Carpenter Tech's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721233822_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Carpenter Tech 5 Years Ago Would Be Worth Today

Staffing 360 Solutions's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STAF#NYSE">STAF</a>) short percent of float has fallen 54.33% since its last report. The company recently reported that it has 27 thousand shares sold short, which is 5.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Staffing 360 Solutions Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721233816_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Staffing 360 Solutions has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Staffing 360 Solutions's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Staffing 360 Solutions's peer group average for short interest as a percentage of float is 1.73%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

STAF

Looking Into Staffing 360 Solutions's Recent Short Interest

Insmed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSM#NASDAQ">INSM</a>) has outperformed the market over the past 10 years by 4.66% on an annualized basis producing an average annual return of 15.55%. Currently, Insmed has a market capitalization of $12.25 billion. 
Buying $100 In INSM: If an investor had bought $100 of INSM stock 10 years ago, it would be worth $423.45 today based on a price of $75.12 for INSM at the time of writing.
<h3>Insmed's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721233817_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

INSM

Here's How Much $100 Invested In Insmed 10 Years Ago Would Be Worth Today

Financial expert<a href="https://www.benzinga.com/personal-finance/24/02/37014818/suze-orman-says-you-have-a-golden-opportunity-to-make-your-kids-millionaires-with-this-simple-ye"> Suze Orman</a> voiced her opinions on CNBC&#8217;s "Millennial Money," offering advice and reactions to a young professional&#8217;s financial choices, particularly about car ownership and investment strategies. Orman, known for her straightforward approach, dissected the financial decisions of Wendy, a millennial from Pasadena, California, who earns $80,000 a year and owns a BMW.
Don't Miss:
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune —<a href="https://www.benzinga.com/money/advisor-adv-warren-buffett"> How much is that worth today?</a></li>
</ul>
Given her income, Orman expressed surprise and concern over Wendy&#8217;s choice of car. "Really? That&#8217;s an expensive car to drive at eighty thousand dollars a year in California. Just saying," Orman remarked, emphasizing the financial strain such a luxury vehicle can impose on a moderate income.
Wendy&#8217;s lifestyle choices, including where she eats and <a href="https://www.benzinga.com/personal-finance/24/06/39241249/kevin-oleary-does-not-believe-in-a-bailout-for-student-loans-saying-this-is-so-un-american-its-s">avoiding student loans</a>, were also points of interest. Orman praised Wendy for not having student loan debt and for her efforts to save and invest. "She&#8217;s saving money. She&#8217;s working. She&#8217;s doing everything. And she&#8217;s making coffee at home," Orman commented, highlighting the positives in Wendy&#8217;s financial behavior.
However, the financial guru criticized Wendy&#8217;s high monthly car payments and her initial pride in her vehicle, which seemed to shift as she acknowledged the financial burden it represented. "I&#8217;m currently paying seven hundred and twenty dollars. Wendy, I thought you were so smart. I take everything I said back," Orman said, illustrating a moment of financial realization and regret from Wendy.
Read Next: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield.</a>
Splurging on a fancy ride like a BMW might seem tempting, but it can dent your wallet — not just when you first buy it. Think about the ongoing costs: pricier insurance, expensive maintenance, and possibly steeper interest rates on your car loan. Sure, that new car smell is great, but studies show that driving a l<a href="https://www.benzinga.com/personal-finance/24/07/39761221/dave-ramseys-list-of-the-top-10-cars-driven-by-millionaires-may-surprise-you-or-not">uxury car doesn&#8217;t make you much happier </a>than cruising in a more budget-friendly option.
Orman also touched on the broader implications of financial independence and the dangers of a joint checking account in a relationship, cautioning Wendy about potential financial recklessness from her partner. "You don&#8217;t want to come home one day and all of a sudden see all the money in our joint checking account was spent on something because Chris just wants to do whatever he wants to," she advised, stressing the importance of financial autonomy and vigilance.
See Also: Will the surge continue or decline on real estate prices?<a href="https://www.benzinga.com/money/realbricks"> People are finding out about risk-free real estate investing that lets you cash out whenever you want.</a>
Lastly, Orman discussed Wendy&#8217;s investment experiences, questioning the sustainability of her gains and reminding her of the volatile nature of the stock market. "Trust me, everything went straight up. Then everything started to come down, and you&#8217;re probably back to fourteen thousand dollars now," Orman noted, suggesting that Wendy&#8217;s initial investment success might have been more due to luck than strategy.
In her closing remarks, Orman reinforced the need for wise financial decisions, not just earning more money. "It&#8217;s not about making more money. It&#8217;s making more out of money that you already make by owing less on your expenses," she concluded, encapsulating her financial philosophy of prudent spending and saving.
With her no-nonsense advice and straight-talking style, Orman is helping people from all walks of life get smarter about their money. Whether saving for the future or avoiding costly mistakes, Orman&#8217;s practical tips push folks to think twice about their spending and plan better for tomorrow.
Read Next:
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<li>Boomers and Gen Z agree they need a salary of around $125,000 a year to be happy,<a href="https://www.benzinga.com/money/genz-salary-adv"> but millennials say they need how much?</a></li>
<li>Mark Cuban believes &#8220;the next wave of revenue generation is around real estate and entertainment&#8221; —<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> this new real estate fund allows you to get started with just $100.</a></li>
</ul>

Personal Finance

Suze Orman Praises Millennial Making $80,000 Until She Mentions $720 Car Payment: 'I Thought You Were So Smart. I Take Everything I Said Back'

Kratos Defense &amp; Security's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KTOS#NYSE">KTOS</a>) short percent of float has fallen 10.95% since its last report. The company recently reported that it has 2.74 million shares sold short, which is 1.87% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Kratos Defense &amp; Security Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721233811_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Kratos Defense &amp; Security has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Kratos Defense &amp; Security's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Kratos Defense &amp; Security's peer group average for short interest as a percentage of float is 5.60%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

KTOS

(KTOS) - Analyzing Kratos Defense & Security's Short Interest

&nbsp; &nbsp; &nbsp; &nbsp; Effective July 16, 2024, Kronos Worldwide, Inc. ("Kronos") has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC") previously held by Venator Investments, Ltd. Prior to the acquisition, Kronos, through a wholly-owned subsidiary, held a 50% joint venture interest in LPC. Following the acquisition, LPC is an indirect, wholly-owned subsidiary of Kronos. Kronos acquired the 50% joint venture interest that it did not already own for an upfront cash payment of $185 million (subject to working capital adjustments) and a potential earn-out payment of up to $15 million based on Kronos' aggregate consolidated net income before interest expense, income taxes and depreciation and amortization expense, or EBITDA, during a two-year period comprising calendar years 2025 and 2026.
In connection with its acquisition of the 50% joint venture interest and to support Kronos' general liquidity needs, Kronos has also completed an amendment to its $225 million global revolving credit facility with Wells Fargo. Among other things, the amendment increases the maximum borrowing amount from $225 million to $300 million, extends the maturity date to 2029 and expands the facility to include LPC and LPC's receivables and certain of its inventories in the borrowing base.&nbsp;&nbsp;
Kronos' board of directors has declared a quarterly dividend of five cents ($0.05) per share on its common stock, a decrease of fourteen cents ($0.14) per share as compared to the second quarter of 2024, payable on September 19, 2024, to stockholders of record at the close of business on September 6, 2024.&nbsp;&nbsp; Commenting on the dividend Mr. Buch said, "The reduced dividend rate will allow Kronos to focus on maintaining a strong balance sheet while continuing to evaluate strategic investment opportunities. In addition to strengthening liquidity and providing the flexibility to absorb increased debt service costs, working capital needs and capital improvements from the acquisition of the 50% interest in the LPC joint venture, the new dividend rate will give Kronos an opportunity to focus on reducing leverage. Going forward we will continue to evaluate the appropriateness of the dividend based on progress towards these priorities, results of operations and other relevant factors."

Dividends

Financing

Kronos Worldwide Acquires 50% Joint Venture Interest In Louisiana Pigment Company For An Upfront Cash Payment Of $185M; Amends $225M Revolving Credit Facility; Decreases Quarterly Dividend From $0.19 To $0.05 Per Share

<h3 class="wp-block-heading">Top Seller Of Legal Cannabis In US Reports Flat Weed Sales In June</h3>
Much like in May, Michigan marijuana sales <a href="https://www.benzinga.com/markets/cannabis/24/06/39207863/michigan-beats-california-in-legal-cannabis-sales-why-is-golden-states-weed-industry-losing-its-">remained relatively flat in June,</a> with a total of $278.8 million in cannabis products sold last month. In May, that figure was <a href="https://www.benzinga.com/markets/cannabis/24/06/39334493/michigan-remains-top-seller-of-cannabis-in-us-despite-slower-sales-in-may">slightly higher</a> at $279.6 million, while $278.5 million worth of marijuana goods was sold to Michiganders in April by the state's legal dispensaries.
As New Cannabis Ventures <a href="https://www.newcannabisventures.com/michigan-cannabis-sales-slow/">reported</a>, citing data from the Michigan Cannabis Regulatory Agency, June sales increased by 6.9% year-over-year. That's "the slowest annual growth in over two years," NCV's Alan Brochstein said.
As opposed to medical sales that dropped 78.4% year-over-year and 10.7% sequentially to $1.4 million in June, adult-use cannabis sales increased 9.1%, and 0.2%, respectively to $277.4 million.
Flower remained the most sought product category in the state which is touted by cannabis analytics firm BDSA as the top seller of legal cannabis nationwide, <a href="https://www.benzinga.com/markets/cannabis/24/06/39207863/michigan-beats-california-in-legal-cannabis-sales-why-is-golden-states-weed-industry-losing-its-">surpassing California in unit sales.</a> Interestingly, June's average product of $1384 per pound of flower has dramatically declined from over $8,000 per pound for recreational flower in January 2020, according to NCV's report.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/04/38363654/watch-next-new-documentary-takes-a-deep-dive-into-michigans-cannabis-sector">Watch Next: New Documentary Takes Deep Dive Into Michigan&#8217;s Cannabis Sector</a>
<h3 class="wp-block-heading">Colorado's Cannabis Downturn Continues</h3>
In Colorado, May sales have followed suit dropping to $113 million from $120 million in April – the <a href="https://www.benzinga.com/markets/cannabis/24/06/39317453/colorados-cannabis-sales-figures-paint-dismal-picture-of-a-pioneering-industry-heres-what-went-w">worst April sales performance since 2016</a>, data by the state Department of Revenue suggested.
As <a href="https://www.greenmarketreport.com/colorado-cannabis-sales-continue-on-downward-spiral-in-may/">highlighted</a> by Green Market Report's John Schroyer, May figures alongside last November's are the lowest the state has seen since February 2018.
The May sum includes $98.4 million in recreational sales and $14.7 million in medical marijuana sales, according to the state report. Additionally, June's state cannabis tax collections of $18.3 million, representing a drop from $22 million collected in May, don't promise much for the retailers statewide.
Interestingly, what was once a front-runner in the U.S. for recreational marijuana sales, the pioneering industry and market have been experiencing a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37081838/fast-track-recap-colorado-michigan-weed-sales-decline-virginia-eyes-legal-market-st">downturn for some time now.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/06/39317453/colorados-cannabis-sales-figures-paint-dismal-picture-of-a-pioneering-industry-heres-what-went-w">Colorado&#8217;s Cannabis Sales Figures Paint Dismal Picture Of A Pioneering Industry Here&#8217;s What Went Wrong</a></li>
</ul>

Cannabis

Retail Sales

Michigan, Top Seller Of Legal Cannabis In US Reports Flat Sales In June, Colorado's Marijuana Downturn Continues

Wedbush analyst Scott Devitt initiates coverage on Rumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) with a Neutral rating and announces Price Target of $8.

Price Target

Initiation

Analyst Ratings

Wedbush Initiates Coverage On Rumble with Neutral Rating, Announces Price Target of $8

Macro Economic Events

Politics

Global

Economics

General

Ex-National Security Advisor O'Brien Says China Decoupled W/ U.S., Wants To Control Tech Of Future; Free World Is Waking Up To Threat Of China; Taiwan Is A Very Important Partner To U.S.; Wouldn't Be Surprised If Haley Came Back To Trump Admin; Ukraine Aid Has Been Too Little Too Late; U.S. Needs To Put Maximum Pressure On Russia

Kronos Worldwide Shares Halted, News Pending

Keybanc analyst Bradley Thomas maintains Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) with a Overweight and raises the price target from $75 to $82.

Keybanc Maintains Overweight on Walmart, Raises Price Target to $82

Keybanc analyst Michael Turits maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Overweight and lowers the price target from $384 to $380.

PANW

Keybanc Maintains Overweight on Palo Alto Networks, Lowers Price Target to $380

Bank of America Securities analyst Justin Post maintained Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Buy and raised the <a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings" target="_blank" rel="noreferrer noopener">price target from $200 to $206</a>.
Alphabet is the first in the online media group to report on July 23, and Post expects results to set a positive backdrop for the group.
The analyst slightly raised his Search estimates to 12% year-on-year (versus 11% prior) and now expects second-quarter revenue and EPS of $70.9 billion and $1.91 vs Street at $70.6 billion and $1.84.
Also Read: <a href="https://www.benzinga.com/news/24/07/39795029/googles-potential-23b-wiz-acquisition-set-to-enhance-cloud-security" target="_blank" rel="noreferrer noopener">Google&#8217;s Potential $23B Wiz Acquisition Set To Enhance Cloud Security</a>
Post noted upside to Street estimates as his checks suggest AI integrations driving higher usage and ad Click-Through Rates (CTRs), Search revenue stability aided by improving macro and AI-driven ad spend, and YouTube strength from ramping Shorts monetization and less-than-expected headwinds from Prime Video.
Post expects flat Y/Y headcount growth (up 1,500 Q/Q) with ongoing restructuring aiding costs.
The analyst expects $22.7 billion in operating expenditures and core margins to increase 183bps Y/Y to 37.2%. Post also expects higher other income to help drive EPS upside (NASDAQ up 8% in the second quarter).
According to Post, second-quarter positives include Search upside, positive commentary on AI overviews driving higher usage &amp; CTRs, Shorts driving higher traffic &amp; revenue upside, and Cloud strength as IT dollars shift toward AI.
Post remains optimistic about growing AI integrations across Google&#8217;s ecosystem and noted that a broader rollout of AI overviews will help drive higher activity in the core Search business.
AI use poses a long-term competitive risk, but in the near term, he noted revenue upside from AI-driven monetization improvements will be a critical second-quarter takeaway.
Moreover, focusing on expense management, Post noted that Y/Y margin growth in 2024 will be a bright spot and potential EPS upside driver.
Given the market multiple expansion (lower rates), the analyst raised his price target.
Price Action: GOOGL shares are trading lower by 2.02% at $180.25 at last check Wednesday.
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Reiteration

Tech

GOOGL

Google Parent Alphabet's Q2 Expected To Shine With AI, YouTube Shorts, Cloud Strength: Analyst

Whales with a lot of money to spend have taken a noticeably bearish stance on Eaton Corp.
Looking at options history for Eaton Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $316,400 and 5, calls, for a total amount of $178,372.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $165.0 to $340.0 for Eaton Corp over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Eaton Corp's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Eaton Corp's whale activity within a strike price range from $165.0 to $340.0 in the last 30 days. 
<h3>Eaton Corp Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721232949_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ETN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$9.1</td>
<td>$8.3</td>
<td>$9.1</td>
<td>$310.00</td>
<td>$182.0K</td>
<td>625</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>ETN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$16.5</td>
<td>$16.1</td>
<td>$16.4</td>
<td>$320.00</td>
<td>$98.3K</td>
<td>497</td>
<td style="text-align: right;">42</td>
</tr>
<tr>
<td>ETN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$89.5</td>
<td>$86.6</td>
<td>$86.6</td>
<td>$240.00</td>
<td>$43.3K</td>
<td>116</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ETN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$11.0</td>
<td>$10.7</td>
<td>$11.0</td>
<td>$330.00</td>
<td>$39.6K</td>
<td>1.8K</td>
<td style="text-align: right;">38</td>
</tr>
<tr>
<td>ETN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$3.8</td>
<td>$3.5</td>
<td>$3.8</td>
<td>$320.00</td>
<td>$38.0K</td>
<td>3.1K</td>
<td style="text-align: right;">182</td>
</tr>
</tbody>
</table>

<h3>About Eaton Corp</h3>
Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the US.
After a thorough review of the options trading surrounding Eaton Corp, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Eaton Corp Standing Right Now?</h3>
<ul>
<li>With a volume of 1,286,164, the price of ETN is down -4.14% at $318.71. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 13 days.</li>
</ul>
<h3>Professional Analyst Ratings for Eaton Corp</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $359.3333333333333.
<ul>
<li>An analyst from Raymond James has revised its rating downward to Outperform, adjusting the price target to $375. </li>
<li>An analyst from Jefferies persists with their Buy rating on Eaton Corp, maintaining a target price of $385. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Eaton Corp, targeting a price of $318. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Eaton Corp options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

A Closer Look at Eaton Corp's Options Market Dynamics

Financial giants have made a conspicuous bullish move on Celsius Holdings. Our analysis of options history for Celsius Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) revealed 10 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 20% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $394,084, and 3 were calls, valued at $80,812.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $38.33 to $60.0 for Celsius Holdings during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Celsius Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Celsius Holdings's significant trades, within a strike price range of $38.33 to $60.0, over the past month.
<h3>Celsius Holdings Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721232944_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CELH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$8.7</td>
<td>$8.05</td>
<td>$8.38</td>
<td>$60.00</td>
<td>$83.8K</td>
<td>3.0K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CELH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$8.6</td>
<td>$8.0</td>
<td>$8.23</td>
<td>$60.00</td>
<td>$81.7K</td>
<td>3.0K</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>CELH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$7.65</td>
<td>$7.4</td>
<td>$7.4</td>
<td>$38.33</td>
<td>$74.0K</td>
<td>222</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CELH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$8.25</td>
<td>$8.15</td>
<td>$8.25</td>
<td>$40.00</td>
<td>$55.2K</td>
<td>1.1K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CELH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.2</td>
<td>$9.9</td>
<td>$10.0</td>
<td>$43.33</td>
<td>$44.0K</td>
<td>31</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>

<h3>About Celsius Holdings</h3>
Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia), Celsius Essentials line (containing aminos), and Celsius On-the-Go powder packets. Celsius dedicates its efforts to branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.
After a thorough review of the options trading surrounding Celsius Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Celsius Holdings Standing Right Now?</h3>
<ul>
<li>With a trading volume of 2,602,260, the price of CELH is down by -4.31%, reaching $50.52.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 20 days from now.</li>
</ul>
<h3>What The Experts Say On Celsius Holdings</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $65.2.
<ul>
<li>Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Celsius Holdings, targeting a price of $65. </li>
<li>An analyst from Stifel has decided to maintain their Buy rating on Celsius Holdings, which currently sits at a price target of $65. </li>
<li>An analyst from Morgan Stanley persists with their Equal-Weight rating on Celsius Holdings, maintaining a target price of $68. </li>
<li>An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Celsius Holdings, which currently sits at a price target of $68. </li>
<li>Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for Celsius Holdings, targeting a price of $60. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Celsius Holdings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

CELH

Celsius Holdings's Options: A Look at What the Big Money is Thinking

Deep-pocketed investors have adopted a bullish approach towards Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ORCL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Oracle. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 46% leaning bullish and 46% bearish. Among these notable options, 6 are puts, totaling $294,190, and 7 are calls, amounting to $603,572.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $125.0 and $165.0 for Oracle, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Oracle stands at 2086.23, with a total volume reaching 624.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Oracle, situated within the strike price corridor from $125.0 to $165.0, throughout the last 30 days.
<h3>Oracle Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721232938_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$30.95</td>
<td>$30.3</td>
<td>$30.95</td>
<td>$125.00</td>
<td>$216.6K</td>
<td>2.4K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$18.65</td>
<td>$18.25</td>
<td>$18.35</td>
<td>$130.00</td>
<td>$165.1K</td>
<td>2.2K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$28.0</td>
<td>$27.1</td>
<td>$28.0</td>
<td>$165.00</td>
<td>$140.0K</td>
<td>350</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$0.37</td>
<td>$0.36</td>
<td>$0.36</td>
<td>$155.00</td>
<td>$72.7K</td>
<td>3.6K</td>
<td style="text-align: right;">255</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$6.05</td>
<td>$6.0</td>
<td>$6.03</td>
<td>$155.00</td>
<td>$60.3K</td>
<td>5.9K</td>
<td style="text-align: right;">14</td>
</tr>
</tbody>
</table>

<h3>About Oracle</h3>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Following our analysis of the options activities associated with Oracle, we pivot to a closer look at the company's own performance.
<h3>Current Position of Oracle</h3>
<ul>
<li>With a trading volume of 2,560,240, the price of ORCL is down by -2.11%, reaching $139.59.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 54 days from now.</li>
</ul>
<h3>What The Experts Say On Oracle</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $152.25.
<ul>
<li>In a cautious move, an analyst from Guggenheim downgraded its rating to Buy, setting a price target of $175. </li>
<li>Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Oracle with a target price of $150. </li>
<li>An analyst from Morgan Stanley persists with their Equal-Weight rating on Oracle, maintaining a target price of $125. </li>
<li>An analyst from Argus Research has decided to maintain their Buy rating on Oracle, which currently sits at a price target of $159. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Oracle, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

ORCL

What the Options Market Tells Us About Oracle

Raymond James analyst Frederic Bastien maintains Badger Infrastructure (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BDGI#TSX">BDGI</a>) with a Outperform and lowers the price target from C$57 to C$54.

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