Xtrackers Russell 1000 US Quality at a Reasonable Price ETF ETF (ARCA: QARP)

Latest news for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF ETF (ARCA:QARP)

Xtrackers Russell 1000 US QARP ETF

Technology

Consumer Cyclical

Healthcare

Energy

Financial Services

Industrials

Consumer Defensive

Basic Materials

Communication Services

Real Estate

Other

Utilities

The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria (factors) of quality and value. The fund is non-diversified.

Berkshire Hathaway, Inc.

Apple Inc

Meta Platforms, Inc.

Amazon.Com Inc

Exxon Mobil Corp.

Johnson & Johnson

Walmart, Inc.

Alphabet Inc

Unitedhealth Group Inc.

Alphabet Holding Company Inc.

Specialty ETFs

Markets

ETFs

QARP

QUAL

SPHQ

Podcast: Can Smart Beta And Factor ETFs Beat The Market?

Long Ideas

News

Broad U.S. Equity ETFs

New ETFs

Trading Ideas

AAPL

INTC

DWS Quantifies Quality In A New ETF

Xtrackers Russell 1000 US Quality at a Reasonable Price ETF ETF

Piper Sandler analyst Ryan Todd maintains Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) with a Overweight and lowers the price target from $138 to $127.

Price Target

Analyst Ratings

Piper Sandler Maintains Overweight on Exxon Mobil, Lowers Price Target to $127

BTIG analyst Julian Harrison initiates coverage on Avalo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVTX#NASDAQ">AVTX</a>) with a Buy rating and announces Price Target of $40.

Initiation

AVTX

BTIG Initiates Coverage On Avalo Therapeutics with Buy Rating, Announces Price Target of $40

Piper Sandler analyst Ryan Todd maintains TotalEnergies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) with a Neutral and lowers the price target from $77 to $62.

Piper Sandler Maintains Neutral on TotalEnergies, Lowers Price Target to $62

BTIG analyst Julian Harrison initiates coverage on Cartesian Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAC#NASDAQ">RNAC</a>) with a Buy rating and announces Price Target of $42.

RNAC

BTIG Initiates Coverage On Cartesian Therapeutics with Buy Rating, Announces Price Target of $42

Piper Sandler analyst Ryan Todd maintains Shell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) with a Overweight and lowers the price target from $82 to $72.

SHEL

Piper Sandler Maintains Overweight on Shell, Lowers Price Target to $72

Robert Kiyosaki, author of Rich Dad, Poor Dad, has always played the game differently. Known for embracing debt – a lot of debt – he revealed in September 2023 that he's now <a href="https://www.benzinga.com/real-estate/24/01/36802983/robert-kiyosaki-rich-dad-poor-dad-author-says-he-owns-12-000-properties-acquired-with-debt-the-more">$1.2 billion in the red.&nbsp;</a>
But don't think he's worried. For Kiyosaki, debt isn't a burden; <a href="https://www.benzinga.com/personal-finance/24/06/39420345/robert-kiyosaki-owns-15-000-houses-says-i-would-rather-use-debt-and-pay-no-taxes">it's leverage</a>. He proudly declares he's a billionaire because he's in debt. Kiyosaki doesn't see debt as bad for everyone – as long as they know how to manage it. But, in terms of the nation, it's a different story. His perspective sharply critiques how the U.S. economy handles its ballooning debt.
Don't Miss:
<ul>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>
In an August post on X, Kiyosaki shared:
"HOW MUCH is a trillion? A trillion seconds was 31,688 years ago. America goes a trillion $ in debt every 100 days. Do you know why you must buy gold, silver and Bitcoin?"
The numbers don't lie. According to <a href="https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/">government data</a>, the U.S. national debt has soared past $36 trillion as of December 2024. That's around $107,990 per person or about $273,548 per household.
And it's growing fast. Between June and November 2024 alone, the U.S. added over $2 trillion in debt, averaging roughly $1 trillion every 100 days – just as Kiyosaki said.
Kiyosaki's solution? Buy hard assets – gold, silver and Bitcoin. He's not just throwing out buzzwords. Each of these has a history of protecting wealth when trust in fiat currency erodes.
See Also: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
Gold: A Time-Tested Safe Haven
Gold has been the "go-to" during inflation or economic chaos. When paper money loses value, gold tends to shine brighter.
<ul>
<li>During the 1970s inflation crisis, gold shot up from $35/oz in 1971 to over $600/oz by 1980.</li>
<li>In the 2008 financial crash, gold surged over 30% while stocks crumbled.</li>
</ul>
Today, gold prices sit around $2,652/oz, up 74% in the past five years.
Silver: More Than Just an Inflation Hedge
Silver acts similarly to gold but has added demand from industrial uses – especially in tech and renewable energy.
<ul>
<li>In the 1970s, silver jumped from $2.06/oz to $49.45/oz – a 2,300% increase.</li>
<li>Over the past five years, silver prices climbed about 71%, from $17.90/oz to $30.58/oz.</li>
</ul>
Trending: Unlock the hidden potential of commercial real estate —<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 offering a 12% target yield with a bonus 1% return boost today!</a>
Bitcoin: The Wild Card
Dubbed "digital gold," Bitcoin's appeal lies in its finite supply – only 21 million will exist. As governments print more money, Bitcoin's scarcity could make it a strong inflation hedge.
<ul>
<li>In 2024, Bitcoin hit all-time highs, boosted by institutional adoption and regulatory clarity.</li>
<li>Investors like Ray Dalio cautiously acknowledge its potential, though he still leans toward gold for stability.</li>
</ul>
Kiyosaki's Debt Strategy: Tool, Not Trap
For Kiyosaki, debt isn't a dirty word – it's a tool for building wealth. He uses borrowed money to <a href="https://www.benzinga.com/general/24/02/37009788/robert-kiyosakis-tax-adviser-explains-why-rich-dad-poor-dad-author-is-1-2-billion-in-debt">acquire income-generating assets</a>, like <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">real estate</a>, while letting inflation erode the value of what he owes. Meanwhile, he warns that America's uncontrolled borrowing could leave everyday citizens holding the bag.
His message? Don't rely on fiat currency alone. Diversify into tangible assets and alternatives like gold, silver and Bitcoin to shield yourself from what he sees as inevitable dollar devaluation.
You don't have to agree with Kiyosaki's approach to see the logic in his warning. America's debt problem isn't going anywhere and hard assets could play a role in weathering whatever comes next. Whether you're all-in on gold or just dipping a toe into Bitcoin, Kiyosaki's perspective is clear:
The debt train isn't slowing down – so you'd better prepare.
Read Next:
<ul>
<li>Deloitte's fastest-growing software company partnered with Amazon, Walmart &amp; Target announces the deadline to invest this year is 12/20. – <a href="https://www.benzinga.com/money/mode-mobile-2">Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a></li>
</ul>

'A Trillion Seconds Was 31,688 Years Ago' – Robert Kiyosaki Runs The Numbers To Show Magnitude Of The Nation's Massive Mounting Debt

Piper Sandler analyst Ryan Todd maintains Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) with a Neutral and lowers the price target from $57 to $51.

Piper Sandler Maintains Neutral on Occidental Petroleum, Lowers Price Target to $51

Maxim Group analyst Jack Vander Aarde initiated coverage on TruGolf Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUG#NASDAQ">TRUG</a>) <a target="_blank" href="https://www.benzinga.com/quote/TRUG/analyst-ratings]" rel="noreferrer noopener">with a price forecast of $2.</a>
TruGolf Holdings, formed from a business merger in the first quarter of 2024, has become a public company focused on golf technology and esports platforms.
The company aims to elevate its position in the market with an entirely revamped product suite and an aggressive franchise expansion model.
Given the following, Aarde projects strong multi-year growth that will unlock significant operating leverage.
This growth is anticipated to be driven by the rollout of next-generation paid software subscriptions, a significant hardware replacement sales cycle from its existing installed base, and substantial growth from an accelerated rollout of new domestic franchise centers, the analyst notes.
Also Read: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/24/12/42585715/us-gdp-upwardly-revised-to-31-in-q3-jobless-claims-drop-more-than-expected-treasury-yields-hit-7-month-highs" rel="noreferrer noopener">US GDP Revised To 3.1%, Jobless Claims Dip More Than Expected, Treasury Yields Hit 7-Month High</a>
The company may also see the potential for accelerated growth in the longer term through international franchise expansion, the analyst forecasts.
Since announcing its National Franchise model and collaboration with Franchise Well in the first half of 2024, TruGolf has already secured commitments for 120 U.S. franchise locations, which represents a potential revenue of over $24 million for bundled hardware and equipment.
Going ahead, Aarde projects this number to more than double within the next 12 months.
The analyst projects accelerating revenue growth, with an expected increase of 9% year-over-year in 2024, 20% year-over-year in 2025, and 30% year-over-year in 2026.
Aarde also sees nearly breakeven EBITDA in 2024, followed by positive EBITDA and free cash flow by 2025.
For the long term, the analyst forecasts a 10-year revenue compound annual growth rate of 20% and EBITDA margins of 20%.
TruGolf ended the third quarter of 2024 with $7.5 million in cash. The analyst suggests that its capital is sufficient to support existing operations for at least 12 months.
However, TruGolf may explore strategic growth capital opportunities to accelerate its franchise expansion, Aarde notes.
Price Action: TRUG shares are trading higher by 19.7% to $0.4423 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42571835/trumps-rejection-of-bipartisan-deal-fuels-government-shutdown-fears-how-markets-historically-react-to-political-turmoil" target="_blank" rel="noreferrer noopener">Trump's Rejection Of Bipartisan Deal Fuels Government Shutdown Fears: How Markets Historically React To Political Turmoil</a></li>
</ul>
Photo via Shutterstock.

Analyst Color

Equities

Movers

General

TRUG

TruGolf Positioned For Multi-Year Growth From Subscription Revenue And Franchise Potential: Analyst

Piper Sandler analyst Ryan Todd maintains Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) with a Overweight and lowers the price target from $184 to $173.

Piper Sandler Maintains Overweight on Chevron, Lowers Price Target to $173

Billionaire Elon Musk wears many hats as the leader of companies like Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), SpaceX, The Boring Company, Neuralink and X. Could the title of Speaker of the House get added on top of his <a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">Department of Government Efficiency role </a>soon?
What Happened: The <a href="https://www.benzinga.com/general/social-media/24/12/42566558/house-republicans-reject-spending-bill-under-pressure-from-trump-musk-government-faces-shutdown">influence Musk has</a> on President-elect Donald Trump and members of Congress may have been on full display Wednesday with his criticism of a spending bill playing a role in House Republicans rejecting the bill.
The spending bill would have extended federal funding until March and averted a government shutdown. Without the passing of a new spending bill, the government faces a deadline of Saturday, Dec. 21 at 12:01 a.m. ET to avoid a government shutdown, which<a href="https://www.benzinga.com/news/23/09/35009244/ground-control-to-congress-commencing-countdown-engines-off-how-government-shutdown-could-impact-air"> could impact travel</a> during the Christmas week.
Members of Congress and Musk are now questioning the leadership of current Speaker of the House Mike Johnson (R-La.), who took on the role in <a href="https://www.benzinga.com/government/23/10/35094897/can-donald-trump-become-speaker-of-the-house-a-lot-of-people-have-asked-me-about-it">a long process </a>back in October that saw multiple voting rounds to replace ousted Speaker Kevin McCarthy.
Sen. Rand Paul (R-Ky.) floated the idea of selecting Musk to be the next Speaker of the House, a vote that will take place for the new Congress in January.
"The Speaker of the House need not be a member of Congress … Nothing would disrupt the swamp more than electing Elon Musk … think about it … nothing's impossible," Paul <a href="https://x.com/RandPaul/status/1869723449377030385">tweeted</a>.
Paul added there would be "joy" seeing the "collective establishment," which he called the "uniparty," "lose their ever-lovin' minds."
Musk is currently eligible to be the Speaker of the House, with the requirement being that it is a U.S. citizen. The billionaire is not eligible to run for president of the U.S. as he does not meet the natural-born citizen requirement, having been born in South Africa.
The U.S. Constitution laid out plans for a Speaker of the House under Article 1, Section 2.
What the Constitution didn't lay out were any requirements for the position. Unlike the roles of a senator and the U.S. President which have age requirements and other rules to follow, a Speaker of the House can be anyone.
Some historians argue that the founding fathers assumed the House would select a member from within and didn't need to spell out the exact details.
A look at history shows that every Speaker of the House has been an elected official and member of the House of Representatives. Every Speaker of the House has also belonged to the majority party, which is not a requirement.
Members of Congress and the Speaker are also allowed to own stocks, which would mean Musk would be able to keep his stake in Tesla if he was elected to the role. 
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent121924">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool </a></li>
</ul>
Why It's Important: McCarthy became the first Speaker of the House to ever be voted from the leadership position in October. A <a href="https://www.benzinga.com/government/23/10/35092315/who-will-be-the-next-speaker-of-the-house-heres-the-betting-odds-for-scalise-boebert-gaetz-taylor-gr">long voting process</a> followed and saw several names floated. During that process some suggested the name of Trump, who was not the current president or a member of Congress.
Trump received at least one vote during the January 2023 Speaker of the House vote, which faced 15 ballot rounds to secure McCarthy's role.
Johnson was the favorite to continue his Speaker of the House role in January with odds of over 90% on prediction market site <a href="https://polymarket.com/event/speaker-of-the-house-for-the-119th-congress">Polymarket </a>until Wednesday. The criticism of the spending bill has put Johnson's re-election chances in jeopardy.
Here are the current odds on Polymarket for the next Speaker of the House:
<ul>
<li>Mike Johnson: 66%</li>
<li>Steve Scalise (R-La.): 12%</li>
<li>Jim Jordan (R-Ohio): 7%</li>
<li>Tom Emmer (R-Minn.): 5%</li>
<li>Byron Donalds (R-Fla.): 2%</li>
<li>Hakeem Jeffries (D-N.Y.): 2%</li>
<li>Elon Musk: 2%</li>
</ul>
The list above are the current favorites with others listed at odds of 1%. Musk was at odds of 1% prior to Thursday. The list above is also all members of the House of Representatives outside of Musk and all members of the Republican party outside of Jeffries.
The Polymarket prediction market for Speaker has over $16 million in wagers and the winning person will cash out at $1 per contract. On Polymarket, users can deposit funds using USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) via the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) network or can deposit directly from a crypto account with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>).
On prediction market Kalshi, Johnson also <a href="https://kalshi.com/markets/kxspeaker/speaker-of-the-house">saw </a>his odds fall and they sit at 59%. Jordan is the second favorite at 19% followed by Scalise at 11% and Emmer at 9%. Musk is also listed at 2% on Kalshi.
Trump recently <a href="https://www.foxnews.com/politics/trump-says-mike-johnson-easily-remain-speaker-he-acts-decisively-tough-spending-bill?intcmp=tw_fnc">told </a>Fox News that Johnson will "easily remain speaker" if he is tough on the spending bill.
"Anybody that supports a bill that doesn't take care of the Democrat quicksand known as the debt ceiling should be primaried and disposed of as quickly as possible," Trump told Fox News.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/12/42521401/elon-musk-is-so-rich-he-could-buy-every-mlb-nba-nfl-nhl-team-and-still-have-cash-left-over">Elon Musk Is So Rich He Could Buy Every MLB, NBA, NFL, NHL Team And Still Have Cash Left Over</a></li>
</ul>
Photo: Shutterstock

Government

Politics

$ETH

$MATIC

$USDC

TSLA

USDC

Elon Musk As Speaker Of The House? Rand Paul Shows Support, Says People Would 'Lose Their Ever-Lovin' Minds'

TD Cowen analyst Jeff Osborne initiates coverage on NEXTracker (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) with a Hold rating and announces Price Target of $41.

TD Cowen Initiates Coverage On NEXTracker with Hold Rating, Announces Price Target of $41

Piper Sandler analyst Edward Tenthoff maintains Mesoblast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESO#NASDAQ">MESO</a>) with a Overweight and raises the price target from $11 to $15.

MESO

Piper Sandler Maintains Overweight on Mesoblast, Raises Price Target to $15

TD Cowen analyst Jeff Osborne initiates coverage on Sunnova Energy Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>) with a Hold rating and announces Price Target of $5.

NOVA

TD Cowen Initiates Coverage On Sunnova Energy Intl with Hold Rating, Announces Price Target of $5

Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) are trading lower Thursday. The U.S. Food and Drug Administration issued a new decision about tirzepatide injection shortages. Here&#8217;s <a href="https://www.benzinga.com/quote/HIMS/news">what you need to know.</a>
What To Know: The <a href="https://www.fda.gov/drugs/drug-safety-and-availability/fda-clarifies-policies-compounders-national-glp-1-supply-begins-stabilize">FDA announced today</a> that the shortage of tirzepatide injections, a GLP-1 medication, has been resolved. The shortage began in 2022 due to high demand and has ended as manufacturing capacity and product availability are sufficient to meet national demand. However, the FDA warned of potential localized supply chain disruptions as products are distributed to pharmacies.
To avoid interruptions in treatment, the FDA is allowing compounders using tirzepatide to continue their activities temporarily. State-licensed pharmacies have until February 18, 2025, and outsourcing facilities until March 19, 2025, to comply with this grace period.
Meanwhile, other GLP-1 drugs, including dulaglutide, semaglutide and liraglutide, remain in shortage. Despite some reports of product availability, the FDA has not yet resolved these shortages and is actively monitoring the situation.
This announcement follows the FDA&#8217;s October 2024 decision that determined that the tirzepatide shortage was over. However, this was reevaluated after legal challenges. This updated decision confirms that the shortage is resolved.
The news may influence investor sentiment, given the role of GLP-1 drugs in weight loss and diabetes treatment. Ongoing shortages of similar medications and regulatory updates could continue to affect market perspectives.
HIMS Price Action: Hims &amp; Hers shares were down 13.40% at $24.67 at the time of writing according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1733167806337199"><img loading="lazy" decoding="async" width="1024" height="521" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19101133/kjuytr-1024x521.png" alt="" class="wp-image-699959" style="width:486px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19101133/kjuytr-1024x521.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19101133/kjuytr-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19101133/kjuytr-768x391.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19101133/kjuytr.png 1198w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/legal/24/12/42593013/luigi-mangione-faces-extradition-possible-federal-charges-may-carry-death-penalty">Luigi Mangione Faces Extradition, Possible Federal Charges May Carry Death Penalty</a></li>
</ul>
Image Via Shutterstock.

Hims & Hers Health, Inc. Class A Common Stock

HIMS

Hims & Hers Health Are Falling Today: What's Going On?

Piper Sandler analyst Ryan Todd maintains ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) with a Overweight and lowers the price target from $135 to $114.

Piper Sandler Maintains Overweight on ConocoPhillips, Lowers Price Target to $114

The day after a volatile Federal Reserve meeting, Wall Street grappled with the stark reality of Fed Chair <a href="https://www.benzinga.com/topic/jerome-powell">Jerome Powell</a>&#8216;s cautious tone on cutting interest rates in 2024. The message left investors weighing the impact of higher-for-longer interest rates amid<a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42585715/us-gdp-upwardly-revised-to-31-in-q3-jobless-claims-drop-more-than-expected-treasury-yields-hit-7-month-highs"> a still-resilient economy.</a>
Despite the hawkish undertones, stocks managed to stabilize, with major indices posting modest gains as dip-buyers emerged.
The S&amp;P 500 rose 0.5%, recovering from a steep 3% selloff on Wednesday—its worst one-day drop since September 2022. The Dow Jones Industrial Average gained 0.4%, attempting to break a staggering 10-day losing streak, its longest since 1974, while the tech-heavy Nasdaq 100 edged 0.3% higher. 
While equities regained some ground, market conviction remains tepid as investors brace for Friday's release of the November inflation report, a critical data point for the Federal Reserve&#8217;s future policy decisions. The report could either reaffirm the Fed's hawkish stance or inject hope for an <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42598354/wall-street-pins-hopes-on-fridays-crucial-fed-inflation-report-yet-a-miracle-is-needed-to-shift-the-narrative">lower-than-expected data.</a>
Thursday's economic data continued to underscore the resilience of the U.S. economy. Third-quarter GDP growth was upwardly revised from 2.8% to 3.1%, amid strong consumer spending. Weekly jobless claims fell to 220,000 last week, below forecasts of 230,000, signaling a still-tight labor market.
The bond market extended its selloff, with longer-dated Treasuries taking the biggest hit. Fixed-income investors remain under pressure, exacerbated by <a href="https://www.benzinga.com/24/12/42594797/trump-wants-to-get-rid-of-the-debt-ceiling-30-year-treasury-bonds-fall-to-2024-lows-stocks-cut-gains">recent comments from Donald Trump,</a> who floated the idea of eliminating the U.S. debt ceiling entirely—a development that could upend Treasury market dynamics.
In currency markets, the U.S. Dollar Index (DXY) rose 0.2%, hitting its highest level since November 2022, supported by robust economic data.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remained flat at $100,000, following Wednesday&#8217;s 5.6% plunge.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,903.81</td>
<td>0.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,511.46</td>
<td>0.4%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,278.46</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,228.69</td>
<td>-0.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:10 p.m. ET </figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121924&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.5% to $589.79.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.5% to $426.40.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.3% up to $517.89.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) stalled at $220.70. </li>
<li>The&nbsp;Utilities Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up by 1%; the&nbsp;Materials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) lagged, down 0.6%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) plummeted over 16% after a weaker-than-expected guidance for fiscal 2025, eyeing the worst 1-day drop since March 2020. </li>
<li>Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) rallied over 6% in reaction to stronger-than-expected quarterly earnings.</li>
<li>Other stocks reacting to earnings included Darden Restaurants Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) up 15%, Cintas Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>) down 10%, Paychex Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>), up 2.5%, ConAgra Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>), down 2%, FactSet Research Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) up 3.3%, CarMax Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>), up 4.3%, and Lamb Weston Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>), down 23%. </li>
<li>Major companies slated to report their earnings after the close include FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) and Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>). </li>
</ul>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/news/24/12/42598016/whats-going-on-with-applied-materials-amat-stock">What&#8217;s Going On With Applied Materials (AMAT) Stock?</a></li>
</ul>
Image by Shutterstock

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

Cryptocurrency

Macro Economic Events

Bonds

Treasuries

Econ #s

Economics

$BTC

CTAS

SPDR Dow Jones Industrial Average ETF Trust

PAYX

iShares Trust Barclays 20+ Year Treasury Bond Fund

XLRE

US Stocks Edge Up, Micron Suffers Worst Day Since March 2020, Bond Yields Surge: What's Driving Thursday's  Markets?

Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares are trading 1.94% lower at $31.58 during Thursday&#8217;s session and 13% lower over the last five trailing sessions. The stock may face headwinds as the Federal Reserve on Wednesday signaled a more cautious approach to <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42563299/feds-powell-shocks-markets-its-a-new-phase-were-significantly-closer-to-neutral">rate cuts</a>.
What To Know: The Fed's decision to slow its pace of monetary easing leaves the federal funds rate at 4.25%-4.5%, prolonging elevated borrowing costs. 
For Super Micro Computer, whose growth depends on substantial capital investments in infrastructure and AI-driven data center technology, the shift could potentially restrain customer spending on large-scale projects.
Read Also: <a href="https://www.benzinga.com/news/24/12/42597149/whats-going-on-with-soundhound-ai-stock">What&#8217;s Going On With SoundHound AI Stock?</a>
Adding to the challenges, recent industry developments signal a softer outlook for the technology sector. Micron Technology&#8217;s <a href="https://www.benzinga.com/24/12/42594359/micron-stock-is-moving-lower-thursday-whats-driving-the-action">weaker-than-expected guidance</a> and indications of slowing demand in consumer and enterprise markets cast doubt on near-term growth trajectories for cloud and data center solutions providers, including Super Micro Computer.
Super Micro has been a standout performer in the AI and high-performance computing space, capitalizing on its innovative hardware offerings. However, its exposure to macroeconomic risks and potential delays in client purchasing cycles could weigh on investor sentiment. 
With inflation still above target and global uncertainties persisting, Super Micro faces a dual challenge of navigating economic caution and sustaining its growth momentum in a volatile market.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42585715/us-gdp-upwardly-revised-to-31-in-q3-jobless-claims-drop-more-than-expected-treasury-yields-hit-7-month-highs">US GDP Revised To 3.1%, Jobless Claims Dip More Than Expected, Treasury Yields Hit 7-Month High</a>
<h2 class="wp-block-heading">How To Buy SMCI Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Super Micro Computer&#8217;s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SMCI has a 52-week high of $122.90 and a 52-week low of $17.25.

SMCI

What's Going On With Super Micro Computer (SMCI) Stock?

TD Cowen analyst Jeff Osborne initiates coverage on Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) with a Buy rating and announces Price Target of $21.

TD Cowen Initiates Coverage On Sunrun with Buy Rating, Announces Price Target of $21

Piper Sandler analyst Ryan Todd maintains BP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) with a Neutral and lowers the price target from $36 to $32.

Piper Sandler Maintains Neutral on BP, Lowers Price Target to $32

Goldman Sachs analyst Will Nance reiterated a Buy rating on Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>)<a target="_blank" href="https://www.benzinga.com/quote/SQ/analyst-ratings" rel="noreferrer noopener"> with a price target of $102</a>.
The analyst said that he hosted a call with Block investor relations, and the company remains committed to achieving Rule of 40 performance by 2026, with mid-teens gross profit growth, margin expansion, and GPV acceleration expected in 2025.
SQ&#8217;s stock has surged post-election, benefiting from SMB exposure, pro-cyclical trends, deregulation, and crypto market involvement, alongside a previously attractive valuation, adds the analyst.
Nance is optimistic about its trajectory, with investments in go-to-market strategies and products likely to boost Seller results, while Cash App continues to lead as a diversified U.S. consumer fintech asset with strong growth potential.
The analyst&#8217;s bull-bear analysis of 2026 GAAP EPS shows SQ is positioned for strong fundamentals, supporting potential multiple expansion.
In the Bear case, Nance estimates GAAP operating expense growth of around 6%, leading to Non-GAAP margins of approximately 26% after amortization adjustments.
This results in projected GAAP and Non-GAAP EPS of ~$3.46 and ~$3.74, respectively, adds the analyst.
In the Bull case, the analyst assume GAAP operating expense growth of about 8%, reflecting increased spending on go-to-market initiatives.
After amortization adjustments, Non-GAAP margins are expected to reach 28%, with projected GAAP and Non-GAAP EPS of ~$4.17 and ~$4.46, respectively, adds the analyst.
Investors can gain exposure to the stock via&nbsp;VanEck Digital Transformation ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAPP#NASDAQ">DAPP</a>) and&nbsp;ARK Fintech Innovation ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>).
Price Action: SQ shares are up 0.37% at $87.62 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/social-media/24/12/42421291/alexandria-ocasio-cortez-aoc-hits-1-million-followers-with-top-bluesky-account-mark-cuban-gains-popularity-jack-dorsey-notably-absent" target="_blank" rel="noreferrer noopener">Alexandria Ocasio-Cortez (AOC) Hits 1 Million Followers With Top Bluesky Account, Mark Cuban Gains Popularity, Jack Dorsey Notably Absent</a></li>
</ul>
Image via Shutterstock.

Comments

Xtrackers Russell 1000 US Quality at a Reasonable Price ETF ETF

News

Latest news for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF ETF (ARCA:QARP)

Thursday, March 07, 2019

Friday, April 06, 2018

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga