PGIM Rock ETF Trust PGIM S&P 500 Max Buffer ETF - January (BATS: PMJA)

Latest news for PGIM Rock ETF Trust PGIM S&P 500 Max Buffer ETF - January (BATS:PMJA)

Under normal market conditions, the Fund will invest at least 80 percent of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to securities included in the S&P 500 Index. The Fund is an actively managed exchange-traded fund (ETF). The Fund pursues its investment objective primarily by investing in customized equity or index option contracts known as FLexible EXchange Options (FLEX Options) on the SPDR S&P 500 ETF Trust (the Underlying ETF). FLEX Options trade on an exchange but provide investors with the ability to customize key contract terms like expiration date, option type (put or call), exercise style, strike price, premium, trading hours and exercise settlement, among others.

PGIM S&P 500 Max Buffer ETF - January

PGIM Rock ETF Trust PGIM S&P 500 Max Buffer ETF - January

DA Davidson analyst Gary Tenner maintains Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) with a Neutral and maintains $27.5 price target.

News

Price Target

Analyst Ratings

HAFC

DA Davidson Maintains Neutral on Hanmi Financial, Maintains $27.5 Price Target

Mastercard Inc&nbsp;(NYSE:&nbsp;MA)&nbsp;reported <a target="_blank" href="https://www.benzinga.com/topic/mastercard" rel="noreferrer noopener">fiscal fourth-quarter</a> net revenues of $7.49 billion, up 14% year over year and 16% year over year on a neutral currency basis,&nbsp;beating the&nbsp;analyst consensus estimate of&nbsp;$7.39 billion.
Adjusted EPS rose 20% year over year to $3.82, exceeding the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $3.69</a>.
Payment network net revenue rose 13% Y/Y (+15% Y/Y on a currency-neutral basis), led by growth in gross dollar volume (+12% Y/Y), cross-border volume (+20% Y/Y) and <a target="_blank" href="https://investor.mastercard.com/events-and-presentations/events/event-details/2025/Q4-2024-Mastercard-Inc-Earnings-Conference-Call/default.aspx" rel="noreferrer noopener">switched transactions (+11% Y/Y)</a>.&nbsp;
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/43310211/nasdaq-q4-earnings-10-revenue-growth-strategic-wins-and-strong-financial-tech-performance-sets-2025-expense-and-tax-guidance" rel="noreferrer noopener">Nasdaq Touts 10% Revenue Growth In Q4, Sets 2025 Expense And Tax Guidance</a>
Value-added services and solutions net revenue rose 16% and 17% on a currency-neutral basis, driven by growth in its underlying key drivers, strong demand for its consumer acquisition and engagement and business and market insight services, the scaling of its security and digital and authentication solutions, and pricing.
Mastercard&#8217;s switched volume, reflecting the value of transactions on its network, rose by 13% year-over-year. Cross-border volume, which indicates travel demand by tracking spending on cards outside their country of issue, increased by 20% in the same period.
The adjusted operating margin expanded 40 bps Y/Y to 56.3%. The net income climbed 22% on a currency-neutral basis to $3.3 billion, while the adjusted net income improved by 19% on a currency-neutral basis to $3.5 billion.
As of December 31, 2024, the&nbsp;company&#8217;s&nbsp;customers had issued 3.5 billion Mastercard and Maestro branded cards.
During the quarter, Mastercard repurchased 6.5&nbsp;million shares for $3.4&nbsp;billion and paid $606 million in dividends.&nbsp;As of December 31, 2024, cash and cash equivalents stood at $10.8 billion.
CEO Michael Miebach noted its diverse capabilities in payments and services and solutions, including the acquisition of Recorded Future this quarter set it apart and positioned it well for long-term growth as outlined at its Investor Day
Q1 and FY25 Outlook: Mastercard expects net revenue growth in the low double digits for the first quarter (versus $7.14 billion consensus estimate) and fiscal 2025 (versus $31.46 billion <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus estimate</a>).&nbsp;
Price Action: MA stock is up 4.05% at $571.51 at the last check on Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/43309111/adp-q2-earnings-revenue-and-eps-beat-record-client-satisfaction-and-strong-hcm-demand-reaffirms-fy25-outlook" target="_blank" rel="noreferrer noopener">ADP Q2 Earnings: Revenue And EPS Beat, Record Client Satisfaction and Strong HCM Demand, Reaffirms FY25 Outlook</a></li>
</ul>
Photo via Shutterstock

Earnings

Guidance

Movers

Mastercard Q4 Earnings: Revenue And EPS Beat, Strong Growth In Payments and Cross-Border Transactions

<a href="https://x.com/Alibaba_Qwen/status/1884995327318782086">https://x.com/Alibaba_Qwen/status/1884995327318782086</a>
&nbsp;
<a href="https://www.alibabacloud.com/help/en/model-studio/getting-started/what-is-model-studio">https://www.alibabacloud.com/help/en/model-studio/getting-started/what-is-model-studio</a>
&nbsp;

BABA

Alibaba Qwen Posts On X "Two days ago we released Qwen2.5-Max, and today we update the price of its API: Input tokens: $1.6 / million tokens. Output tokens: $6.4 / million tokens. We hope this change provides you some help and we'd love to hear your feedback about our new model!"

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1200" height="659" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/30163640/image-21.png" alt="" class="wp-image-5197" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/30163640/image-21.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/30163640/image-21-300x165.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/30163640/image-21-1024x562.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/30163640/image-21-768x422.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure>
To gain an edge, this is what you need to know today.
<h4 class="wp-block-heading">Humanoid Robot Opportunities Ahead</h4>
Please<a href="https://thearorareport.com/chart-analysis-stock-market-tesla-humanoid-robots-microsoft-deepseek-tsla-mc-01302025"> click here</a> for an enlarged chart of Tesla stock (TSLA).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of TSLA stock is being used to illustrate the point.</li>
<li>The chart shows the release of TSLA earnings.</li>
<li>The chart shows TSLA stock is still above the support zone as of this writing in the premarket, despite terrible earnings.</li>
<li>RSI on the chart shows that TSLA stock bounced back from oversold conditions.</li>
<li>The chart shows significant gain in TSLA stock since the last Arora buy signal on November 6.</li>
<li>Tesla earnings were terrible, significantly below consensus and whisper numbers.
<ul>
<li>Tesla missed EBIT by 38%.</li>
<li>Margin was the lowest in years.</li>
</ul>
</li>
<li>TSLA stock first fell on terrible earnings, but then it shot up on humanoid robots and robotaxis.
<ul>
<li>Tesla CEO Elon Musk says the Optimus humanoid robot is a $10T opportunity.&nbsp; Tesla plans to ramp production of Optimus faster than previous products.&nbsp; In The Arora Report analysis, humanoid robots are a bigger opportunity than electric vehicles (EVs).&nbsp;</li>
<li>Musk also announced unsupervised full self driving robotaxis are arriving by June 2025. In The Arora Report analysis, the June timeframe is earlier than expected.&nbsp;</li>
</ul>
</li>
<li>Significant opportunities are ahead in robotaxis and humanoid robots.&nbsp; The Arora Report will publish signals when opportunities for high risk adjusted returns arise.</li>
<li>Buying in TSLA stock is almost all by retail investors.&nbsp; Institutions are not buying TSLA stock.</li>
<li>In The Arora Report analysis, Tesla's moonshots are getting closer to reality than institutions believe.&nbsp;&nbsp;</li>
<li>As full disclosure, TSLA is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio.&nbsp; In The Arora Report analysis, TSLA stock should be bought by those not in TSLA stock in the context of a properly diversified portfolio when TSLA stock drops in the buy zone.</li>
<li>Retail investors are also rushing headlong into NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock. &nbsp; So far this week, retail investors have bought more than $1B worth of NVDA stock.</li>
<li>Prudent investors should note that institutions are taking advantage of retail investor buying and selling NVDA stock on up spikes.&nbsp; Keep in mind, institutions still have massive positions in NVDA.&nbsp; Institutions are simply engaging in the prudent practice of reducing risk in NVDA stock after DeepSeek.</li>
<li>We previously shared with you that we would be listening to conference calls from Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), especially regarding CapEx for AI.
<ul>
<li>Meta is not backing off.&nbsp; Meta reiterated $60B &#8211; $65B of CapEx for the year.</li>
<li>Microsoft is also not backing off. Microsoft is planning to spend $22B during each of the next two quarters.</li>
</ul>
</li>
<li>SoftBank Group Corp &#8211; ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), the big Japanese conglomerate that is the prime mover behind Stargate is also not backing off.&nbsp; SoftBank is in discussions to invest $25B in OpenAI.&nbsp; If this investment occurs, SoftBank will become the largest investor in OpenAI, displacing Microsoft.&nbsp; Such an investment indicates that SoftBank does not believe DeepSeek is an existential threat to OpenAI.</li>
<li>To date, Microsoft has been mostly dependent on OpenAI.&nbsp; In a development worth noting, Microsoft is hedging its bets.&nbsp; Even after investigating DeepSeek for improperly using data from OpenAI from Microsoft servers, Microsoft has started offering DeepSeek to its customers.</li>
<li>Initial jobless claims came at 207K vs. 221K consensus.&nbsp; This data shows the jobs picture is stronger than anticipated.</li>
<li>GDP data is inline with expectation.&nbsp; Investors should note this is a lagging indicator.&nbsp; We publish it because the market pays attention to GDP data.&nbsp; However, The Arora Report system is focused on leading indicators.&nbsp; Here are the details:
<ul>
<li>Q4 GDP-Adv. came at 2.3% vs. 2.3% consensus.</li>
<li>Q4 GDP Deflator-Adv. came at 2.2% vs. 2.4% consensus.</li>
</ul>
</li>
<li>Earnings will be released after the close today from Apple Inc (AAPL), Intel Corp (INTC), and Visa Inc (V).</li>
<li>In the early trade, the U.S. market is seeing buying due to developments in Japan.  Please scroll down. DJIA is not representing what is happening in the early trade due to Caterpillar Inc (CAT) earnings coming below consensus and whisper numbers.</li>
</ul>
<h4 class="wp-block-heading">Japan</h4>
With quantitative tightening, the Bank of Japan (BOJ) has shrunk its balance sheet by $500B.&nbsp; This move is causing the dollar to weaken.
<h4 class="wp-block-heading">Europe</h4>
The European Central Bank (ECB) has cut its key interest rate by 25 basis points.&nbsp; This is inline with expectations.
<h4 class="wp-block-heading">Magnificent Seven Money Flows</h4>
In the early trade, money flows are positive in GOOG, META, and TSLA.
In the early trade, money flows are negative in AAPL, Amazon.com, Inc. (AMZN), MSFT, and NVDA.
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ).
<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (GLD).  The most popular ETF for silver is iShares Silver Trust (SLV).  The most popular ETF for oil is United States Oil ETF (USO).
<h4 class="wp-block-heading">Bitcoin</h4>
Bitcoin (BTC.USD) is seeing buying along with tech stocks.
<h4 class="wp-block-heading">Protection Band And What To Do Now</h4>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h4 class="wp-block-heading">Traditional 60/40 Portfolio</h4>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever<a href="https://thearorareport.com/generate-wealth-newsletter-benzinga"> Generate Wealth Newsletter</a>.

Equities

Broad U.S. Equity ETFs

MSFT

NVDA

SFTBY

Humanoid Robots Bigget Than Evs, Retail Investors Buy $1B Nvidia But Institutions Sell, Microsoft Offers DeepSeek

RBC Capital analyst Conor McNamara reiterates Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) with a Outperform and lowers the price target from $299 to $277.

Reiteration

RBC Capital Reiterates Outperform on Danaher, Lowers Price Target to $277

DA Davidson analyst Gary Tenner maintains Five Star (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSBC#NASDAQ">FSBC</a>) with a Buy and maintains $38.5 price target.

FSBC

DA Davidson Maintains Buy on Five Star, Maintains $38.5 Price Target

Mullen Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares <a href="https://www.benzinga.com/pressreleases/25/01/g43337698/mullen-completes-purchase-of-additional-nikola-battery-assets-for-us-battery-production">are trading lower on Thursday.</a>
The company revealed its continued efforts to strengthen U.S.-based battery production.
Mullen Automotive has furthered its goal of expanding American-made battery capabilities by purchasing additional battery production equipment from Nikola Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>).
This purchase is aimed at enhancing Mullen&#8217;s Fullerton, California facility, which focuses on producing next-generation battery packs, modules, and solid-state polymers.
The newly acquired assets from Nikola include a high-volume standard battery chemistry production line and an electro-dynamic shaker system for laboratory testing.
Once installed, Mullen&#8217;s Fullerton facility will feature two high-volume standard battery chemistry lines, a high-precision R&amp;D line for both standard battery chemistry and solid-state polymers, and a full battery testing laboratory.
Also Read: <a href="https://www.benzinga.com/government/regulations/25/01/43340971/ecb-cuts-interest-rates-by-25-basis-points-as-economy-cools-lagarde-rejects-bitcoin-as-reserve-asset">ECB Cuts Interest Rates By 25 Basis Points As Economy Cools, Lagarde Rejects Bitcoin As Reserve Asset</a>
These additions will allow the company to test advanced battery systems in-house, advancing its commitment to zero emissions and reducing reliance on imported components.
David Michery, CEO and Chairman of Mullen Automotive, emphasized the company's focus on American-made solutions, stating that Mullen is executing its plan of transitioning to domestic battery production in Southern California.
This initiative follows a September 2023 purchase of $3.5 million in battery production assets from Romeo Power, also a Nikola subsidiary.
Additionally, Mullen has submitted a modified plan to the U.S. Department of Energy (DOE), requesting $55 million in matching funds to support its U.S. manufacturing expansion.
Price Action: MULN shares are trading lower by 6.21% to $0.2720 at last check Thursday.
Read now:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43336153/us-economy-grows-below-q4-estimates-as-consumer-spending-hits-7-quarter-high" target="_blank" rel="noreferrer noopener">US Economic Growth Falls Short Of Q4 Estimates, Consumer Spending Hits 7-Quarter High</a></li>
</ul>
Photo via Shutterstock.

Markets

General

MULN

NKLA

What's Going On With Mullen Automotive Stock Today?

DA Davidson analyst Jeff Rulis maintains First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Buy and maintains $42 price target.

FIBK

DA Davidson Maintains Buy on First Interstate BancSys, Maintains $42 Price Target

Trading in Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) is quiet Thursday and the <a href="https://www.benzinga.com/topic/ford-motor-co">stock has been sideways</a> over the past week. But that may be about to change.
Ford is trading at a resistance level, and stocks frequently head lower after they reach these levels. This is why our team of technical analysts has made it our Stock of the Day.
The term &#8220;resistance&#8221; refers to a price level where there is a large amount of sell interest. There are enough sell orders to fill all of the buy orders, so rallies or moves higher tend to stall out when they reach resistance.
Sometimes, sellers become anxious, fearing others may undercut their asking prices. In response, they lower their prices, prompting additional sellers to follow suit, creating a cascading effect that drives the stock lower.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43340327/meta-vs-microsoft-can-their-ai-infrastructure-plans-hold-up-against-deepseek">Meta Vs. Microsoft: Can Their AI Infrastructure Plans Hold Up Against DeepSeek?</a>
As you can see on the chart, there has been resistance for Ford around $11.30. It stalled out at this level in August, September, October, and November. A selloff followed each time.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="555" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30113036/ford-1024x555.png" alt="" class="wp-image-758461" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30113036/ford-1024x555.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30113036/ford-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30113036/ford-768x416.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30113036/ford.png 1525w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
A price that had previously been resistance tends to become resistance again. This is a common occurrence in the markets and it happens because of buyer's remorse.
Some of the people who buy shares at resistance regret doing so when the price goes lower. They decide that if the stock rallies back to the buying price, they will place sell orders to get out at breakeven.
If there is a sufficient quantity of these orders, it will form resistance at the same price that had been resistance before.
Resistance can also form at prices that had previously been support. This is another common occurrence, and it is also due to buyer&#8217;s remorse.
People buy shares at support and are happy if the price heads higher. But if the support breaks and it goes lower, many regret buying. They decide to get out at breakeven if they can.
As a result, if the stock rallies back to what had been support, they place sell orders.&nbsp; If there are enough of them, it will form resistance at the price that had been support. You can see on the chart that the $10.25 was support for Ford and now it is resistance.
Stocks tend to sell off after hitting resistance, so there is a good chance Ford is about to head lower.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43120483/ford-mustang-architect-hal-sperlich-dies-at-95-lot-of-people-who-make-great-cars-but-so-few-who-invent-segments-like-hal-did-says-jim-farley">Ford Mustang Architect Hal Sperlich Dies At 95: &#8216;Lot Of People Who Make Great Cars But So Few Who Invent Segments Like Hal Did,&#8217; Says Jim Farley</a></li>
</ul>
Photo: Shutterstock

Technicals

Trading Ideas

FORD

Stock Of The Day: Ford Stalls At Resistance, Technicals Suggest Potential Pullback

DA Davidson analyst Jeff Rulis maintains First Financial Northwest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFNW#NASDAQ">FFNW</a>) with a Neutral and maintains $22 price target.

FFNW

DA Davidson Maintains Neutral on First Financial Northwest, Maintains $22 Price Target

RBC Capital analyst Scott Heleniak reiterates Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) with a Outperform and maintains $320 price target.

RBC Capital Reiterates Outperform on Chubb, Maintains $320 Price Target

The European Central Bank (ECB) has no intention of adding Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to its reserves, according to <a href="https://www.benzinga.com/government/regulations/25/01/43340971/ecb-cuts-interest-rates-by-25-basis-points-as-economy-cools-lagarde-rejects-bitcoin-as-reserve-asset">ECB President Christine Lagarde</a>.
Speaking after the central bank's latest interest rate adjustment, Lagarde dismissed the idea, stating that Bitcoin does not align with the ECB's standards for safety, liquidity and regulatory compliance, The Block <a href="https://www.theblock.co/post/337991/ecb-president-christine-lagarde-confident-bitcoin-will-not-enter-eu-central-bank-reserves?utm_source=rss&amp;utm_medium=rss">reported</a>.
The comments came following the ECB's decision to lower its key deposit rate by 25 basis points, bringing it down to 2.75%.
This marks the fifth rate reduction since June 2024 as the ECB continues its monetary easing strategy.
<h3 class="wp-block-heading">Bitcoin Fails To Meet ECB's Reserve Criteria</h3>
Lagarde underscored the ECB's strict requirements for reserve assets, emphasizing that they must be secure, highly liquid and free from concerns related to money laundering or illicit activities.
"There is broad agreement within the Governing Council that reserves must be safe, liquid, and not subject to potential financial crime concerns," she said. "For these reasons, Bitcoin will not be considered for central bank reserves."
While some countries, such as El Salvador, have incorporated Bitcoin into their national reserves, the ECB remains firm in its stance that digital assets lack the necessary stability for inclusion in its monetary framework.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43341558/bitcoin-ethereum-dogecoin-litecoin-are-the-most-popular-cryptos-for-online-casinos">Bitcoin, Ethereum, Dogecoin, Litecoin Are The Most Popular Cryptos For Online Casinos</a>
<h3 class="wp-block-heading">Longstanding Skepticism Toward Bitcoin</h3>
Lagarde's opposition to Bitcoin is not new. 
She has previously warned about its speculative nature and has repeatedly advocated for stricter global regulations on cryptocurrencies. 
In a 2021 speech, she highlighted <a href="https://www.benzinga.com/news/24/11/42232097/europes-top-central-banker-says-not-to-retaliate-but-to-negotiate-to-avoid-trump-trade-war">Bitcoin's alleged involvement</a> in financial crimes, asserting that it had been used in "suspicious and unethical financial activities."
Despite increasing global discussions on Bitcoin's role in national treasuries, the ECB remains <a href="https://www.benzinga.com/markets/cryptocurrency/23/11/35967127/ecb-president-lagardes-son-defies-her-anti-crypto-stance-he-ignored-me-lost-almost-all-the">steadfast in its position</a>.
While some financial institutions have begun exploring digital assets, Lagarde and other ECB officials argue that Bitcoin's volatility and lack of oversight make it unsuitable as a reserve asset.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43336076/el-salvador-changes-bitcoin-law-but-legal-tender-status-remains">El Salvador Changes Bitcoin Law But Legal Tender Status Remains</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

'Bitcoin Will Not Be Considered For Central Bank Reserves,' ECB President Christine Lagarde Says

CBRE Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>) short percent of float has fallen 9.91% since its last report. The company recently reported that it has 4.90 million shares sold short, which is 1.91% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.83 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>CBRE Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738254622_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for CBRE Group 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 CBRE Group'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>, CBRE Group's peer group average for short interest as a percentage of float is 6.24%, 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

CBRE

(CBRE) - Analyzing CBRE Group's Short Interest

Illumina's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NYSE">ILMN</a>) short percent of float has risen 18.33% since its last report. The company recently reported that it has 5.97 million shares sold short, which is 4.26% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.42 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>Illumina Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738254616_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Illumina has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Illumina'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>, Illumina's peer group average for short interest as a percentage of float is 5.26%, 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.

ILMN

How Is The Market Feeling About Illumina?

Nu Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) short percent of float has fallen 6.25% since its last report. The company recently reported that it has 128.96 million shares sold short, which is 3.45% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.71 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>Nu Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738254610_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nu Holdings 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 Nu Holdings'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>, Nu Holdings's peer group average for short interest as a percentage of float is 0.97%, 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.

Looking Into Nu Holdings's Recent Short Interest

Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) has outperformed the market over the past 10 years by 3.31% on an annualized basis producing an average annual return of 14.71%. Currently, Marsh &amp; McLennan has a market capitalization of $107.24 billion. 
Buying $100 In MMC: If an investor had bought $100 of MMC stock 10 years ago, it would be worth $396.21 today based on a price of $218.35 for MMC at the time of writing.
<h3>Marsh &amp; McLennan's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738254609_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

Baird analyst Ben Kallo maintains Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) with a Outperform and lowers the price target from $480 to $440.

TSLA

Baird Maintains Outperform on Tesla, Lowers Price Target to $440

RBC Capital analyst Walter Spracklin maintains Canadian Pacific Kansas (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CP#TSX">CP</a>) with a Outperform and raises the price target from C$124 to C$128.

TSX:CP

RBC Capital Maintains Outperform on Canadian Pacific Kansas, Raises Price Target to C$128

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Benzinga Market Summary: Q4 GDP Growth Misses Estimates, UPS Stock Slumps Following Q4 Results, FedEx Falls In Sympathy, Vaccine Stocks On Watch As RFK Hearings Continue, 10-Year Treasury Yield Drops

RBC Capital analyst James McGarragle maintains Canadian Pacific Kansas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) with a Outperform and raises the price target from $124 to $128.

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