ReVolve Renewable Power Stock (OTC: REVVF)

Latest news for ReVolve Renewable Power (OTC:REVVF) Stock

Revolve Renewable Power Corp is a developer of utility-scale renewable energy generation projects in North America with a focus on wind, solar, and battery storage technologies. Its project portfolio includes Utility scale assets and Development generation assets. The company has three business segments (1) Renewable energy projects (2) behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises (3) Corporate. The company operates geographically in the USA, Mexico, Canada, and others.

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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

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<p>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.</p>


Price Target

Analyst Ratings

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

<p>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.</p>


PANW

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

<p><strong>Bank of America Securities</strong> analyst Justin Post maintained <strong>Alphabet Inc</strong> (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>.</p>
<p>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.</p>
<p>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.</p>
<p><strong>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></strong></p>
<p>Post noted upside to Street estimates as his checks suggest AI integrations driving higher usage and ad Click-Through Rates<strong> </strong>(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.</p>
<p>Post expects flat Y/Y headcount growth (up 1,500 Q/Q) with ongoing restructuring aiding costs.</p>
<p>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).</p>
<p>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.</p>
<p>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.</p>
<p>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.</p>
<p>Moreover, focusing on expense management, Post noted that Y/Y margin growth in 2024 will be a bright spot and potential EPS upside driver.</p>
<p>Given the market multiple expansion (lower rates), the analyst raised his price target.</p>
<p><strong>Price Action</strong>: GOOGL shares are trading lower by 2.02% at $180.25 at last check Wednesday.</p>
<p><strong>Now Read: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/real-estate/reit/24/07/39816656/fed-rate-cut-expectations-drop-mortgage-rates-to-4-month-lows-surge-in-new-applications-refinanc">Fed Rate Cut Expectations Drop Mortgage Rates To 4-Month Lows: Surge In New Applications, Refinance Demand</a></strong></li>
</ul>


Reiteration

GOOGL

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

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Eaton Corp</strong>.</p>
<p>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.</p>
<p>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.</p>
<p>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.</p>
<h3>Projected Price Targets</h3>
<p>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. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Eaton Corp's options for a given strike price.</p>
<p>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. </p>
<h3>Eaton Corp Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721232949_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></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>
</p>
<h3>About Eaton Corp</h3>
<p>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.</p>
<p>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.</p>
<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>
<p>Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $359.3333333333333.</p>
<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>
<p>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>.</p>


Options

A Closer Look at Eaton Corp's Options Market Dynamics

<p>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.</p>
<p>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.</p>
<h3>Projected Price Targets</h3>
<p>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. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>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.</p>
<h3>Celsius Holdings Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721232944_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></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>
</p>
<h3>About Celsius Holdings</h3>
<p>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.</p>
<p>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.</p>
<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>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $65.2.</p>
<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>
<p>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.</p>


CELH

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

<p>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.</p>
<p>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.</p>
<p>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.</p>
<h3>Projected Price Targets</h3>
<p>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.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>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.</p>
<h3>Oracle Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721232938_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></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>
</p>
<h3>About Oracle</h3>
<p>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.</p>
<p>Following our analysis of the options activities associated with Oracle, we pivot to a closer look at the company's own performance.</p>
<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>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $152.25.</p>
<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>
<p>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.</p>
<p>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.</p>


ORCL

What the Options Market Tells Us About Oracle

<p>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.</p>


TSX:BDGI

Raymond James Maintains Outperform on Badger Infrastructure, Lowers Price Target to C$54

Federal Safety Regulator Says Vineyard Wind Ordered To Cease Power Production And Construction

<p><strong>Mercedes-Benz Group&#8217;s</strong> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MBGYY#OTC">MBGYY</a>) High-Power Charging unit and <strong>Starbucks Corp </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) have announced a strategic <a target="_blank" href="https://media.mercedes-benz.com/article/606644fb-7c12-4752-8355-21d59cd14581" rel="noreferrer noopener">collaboration </a>to electrify over 100 Starbucks stores nationwide.</p>
<p>The initiative aims to co-locate 400 kW electric vehicle (EV) chargers at Starbucks locations along Interstate 5 (I-5), a major travel corridor from Canada to Mexico.</p>
<p>The partnership seeks to expand EV charging infrastructure in urban areas, charging deserts, and other key travel routes. The collaboration is also expected to enhance the EV charging experience for drivers.</p>
<p>Andrew Cornelia, President and CEO of Mercedes-Benz High-Power Charging, stated, &#8220;Together, we seek to infuse delight into this facet of EV ownership through intentional experiences that make drivers genuinely excited to plug in.&#8221;</p>
<p>Mercedes-Benz High-Power Charging supports the automaker&#8217;s goal to achieve carbon neutrality by 2039 through a public charging network powered by 100% clean energy.</p>
<p><strong>Also Read</strong>: <strong><a target="_blank" href="https://www.benzinga.com/markets/cannabis/24/07/39586079/starbucks-sues-ny-weed-retailer-for-trademark-infringement-over-starbuds-logo" rel="noreferrer noopener">Starbucks Sues NY Weed Retailer For Trademark Infringement Over &#8216;Starbuds&#8217; Logo</a></strong></p>
<p>Similarly, Starbucks aims to reduce its carbon emissions by 50% by 2030, with over 1,000 stores already offering EV charging access.</p>
<p>Michael Kobori, Starbucks Chief Sustainability Officer, said, &#8220;Partnering with Mercedes is the next step in expanding our EV charging offerings so our customers can refuel sustainably while they enjoy Starbucks.&#8221;</p>
<p>Mercedes-Benz High-Power Charging launched its first site in November 2023 as part of a $1 billion investment to create a premier charging network.</p>
<p>Since then, the network has rapidly expanded to include locations in Texas, Alabama, Georgia, Florida, South Carolina, Tennessee, and Kentucky.</p>
<p>The network is projected to reach nearly half of U.S. states within the next 12-18 months, aiming to improve the quality of the charging experience and consumer services.</p>
<p><strong>Price Action</strong>: SBUX shares are trading higher by 0.31% at $75.75 at last check Wednesday.</p>
<p><strong><em>Disclaimer</em></strong>: <em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><em>Photo via Company</em></p>
<p><strong>Read Next</strong>:</p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/equities/24/06/39496379/doordash-reportedly-explored-takeover-of-amazon-backed-deliveroo-but-talks-stalled-over-valuatio" target="_blank" rel="noreferrer noopener">DoorDash Reportedly Explored Takeover Of Amazon-Backed Deliveroo, But Talks Stalled Over Valuation</a></strong></li>
</ul>


Equities

Travel

MERCEDES-BENZ UNSP / ADR by Mercedes Benz Group AG

MBGYY

SBUX

Starbucks and Mercedes-Benz Rev Up EV Charging Along I-5: A Green Drive from Canada to Mexico

<p>America's largest cannabis companies are reconsidering their stance on hemp-derived products. Historically, they pushed for them to remain illegal. However, some companies, such as Curaleaf (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>), have recently changed strategy.</p>
<h3 class="wp-block-heading"><strong>Curaleaf&#8217;s New Direction</strong></h3>
<p>A key player in the industry, Curaleaf has made a surprising shift from its previous stance, which was clear. As <a href="https://www.forbes.com/sites/willyakowicz/2021/07/01/the-fight-over-delta-8-thc-products-is-a-battle-for-the-future-of-the-cannabis-industry/">stated</a> in Forbes, a former CEO remarked, "I think it should be framed as one of the most high-profile health risks available in the marketplace today." The concern was that unregulated hemp derived-THC products posed health risks and were too easily available to minors.</p>
<h3 class="wp-block-heading"><strong>Hemp Company's Market Entry</strong></h3>
<p>Curaleaf's <a href="https://www.benzinga.com/markets/cannabis/24/06/39464801/curaleafs-new-online-cannabis-storefront-to-debut-hemp-derived-thc-products-just-in-time-for-jul">new platform</a>, The Hemp Company, joins a market dominated by companies like <a href="https://www.benzinga.com/markets/cannabis/23/11/35730223/transform-your-sleep-with-these-6-popular-hemp-products">3Chi</a>, <a href="https://www.benzinga.com/markets/cannabis/24/05/35598477/mitch-mcconnells-cannabis-gambit-how-the-farm-bill-unwittingly-fueled-a-thc-boom">Bearly Legal Hemp Co</a>., Diamond CBD, Skyhio, <a href="https://www.benzinga.com/markets/cannabis/22/12/29940134/can-you-get-high-from-smoking-hemp-now-you-can-with-boston-hemps-thca-bud">Boston Hempire</a>, Area 5 and <a href="https://www.benzinga.com/markets/cannabis/22/06/27588006/hometown-hero-cbd-introduces-hemp-derived-delta-9-thc-salt-water-taffy">Hometown Hero</a>. The platform features gummies and drinks with this labeling: "This product contains Delta-9 THC derived from hemp. This product is 2018 Federal Farm Bill compliant and contains a total Delta-9-tetrahydrocannabinol concentration that does not exceed 0.3% by dry weight. THC is intoxicating and affects everyone differently. Use responsibly."</p>
<p>In this manner, Curaleaf is shifting strategies in a move that leverages today&#8217;s cannabis industry landscape. The company is selling in the legal cannabis market as well as on the &#8220;grey&#8221; hemp but nevertheless legal market.</p>
<p>This move also highlights a broader divide in the cannabis industry. On one side, companies like Curaleaf see the economic potential of hemp-derived products. They are leveraging the legal framework of the<a href="https://www.benzinga.com/markets/cannabis/24/07/39783607/how-hemp-became-americas-loophole-for-legal-highs"> 2018 Farm Bill</a>. On the other hand, groups like the U.S. Cannabis Council are pushing for banning these products, arguing that the lack of oversight leads to consumer safety issues and easy access for minors.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/07/39783607/how-hemp-became-americas-loophole-for-legal-highs">How Hemp Became America&#8217;s Loophole For Legal Highs</a></strong></p>
<h3 class="wp-block-heading"><strong>Hemp-Derived THC By State</strong></h3>
<p>Recent legislative actions reflect this divide. The U.S. House Committee on Agriculture passed an amendment to close the loophole in the 2018 Farm Bill. The amendment would eliminate most hemp-derived products. The hemp industry opposes this move, arguing it would devastate small businesses and hemp farmers. State-level actions have <a href="https://www.benzinga.com/markets/cannabis/24/07/39690898/no-more-getting-high-on-hemp-in-america-multiple-states-begin-intoxicating-hemp-crackdown">varied</a>. <strong>New York</strong> has banned Delta-8 THC products, citing health concerns. <strong>Colorado</strong> and <strong>Oregon</strong> have strict regulations aligning with their marijuana markets. <strong>Texas</strong> , a giant hemp derivatives market recently <a href="https://www.benzinga.com/markets/cannabis/24/04/38226058/is-gas-station-weed-on-its-way-out-u-s-cannabis-council-proposes-regulation-of-delta-8-texas-wan">stopped</a> a bill banning Delta-8 THC, which will likely be revisited in the future.</p>
<p>Taking a different approach, <a href="https://www.benzinga.com/markets/cannabis/24/07/39637557/delta-8-thc-hemp-regulation-moves-forward-in-nj-sparks-debate-between-alcohol-and-cannabis-indus">New Jersey</a> recently legalized hemp derivatives for use in beverages. This move signals a progressive step in integrating hemp products into mainstream consumer markets, which could also play a part in the strategy shift undertaken by Curaleaf.</p>
<p>This battle over hemp derivatives will no doubt continue, reflecting the dynamic and contentious landscape of the cannabis industry.</p>
<ul>
<li><strong>Read Next: <strong><a href="https://www.benzinga.com/markets/cannabis/24/07/39692990/hold-my-beer-breweries-offer-thc-on-tap-in-minnesota-what-investors-need-to-know">Hold My Beer: Breweries Offer THC On Tap In Minnesota, What Investors Need To Know</a></strong> </strong></li>
</ul>


Cannabis

Regulations

CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

Strategy Shift In The Works? Are Cannabis Giants Getting Into The Hemp Derived-THC Market?

<p>Keybanc  analyst Bradley Thomas   maintains Five Below (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) with a Overweight and lowers the price target from $165 to $115.</p>


FIVE

Keybanc Maintains Overweight on Five Below, Lowers Price Target to $115

SWONF

Apax, Bain And CVC Exploring Potential Bids For SoftwareOne, Sources Say

<p>Raymond James  analyst Brian MacArthur   maintains Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) with a Market Perform and raises the price target from $5 to $5.75.</p>


Raymond James Maintains Market Perform on Coeur Mining, Raises Price Target to $5.75

Contracts

Management

Teamsters At Ryder In Salt Lake City Reject Company's Final Offer, Authorize Strike; Ryder Truck Rental Mechanics And Service Attendants Rejected Co's Final Offer & Terminated Contract Extension

<p>Raymond James  analyst Brad Sturges   maintains CANADIAN APARTMENT PROPERTIES REAL (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CAR#TSX">CAR</a>) with a Outperform and raises the price target from C$56.5 to C$58.</p>


TSX:CAR

Raymond James Maintains Outperform on CANADIAN APARTMENT PROPERTIES REAL, Raises Price Target to C$58

<p><strong>ASLAN Pharmaceuticals Ltd</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASLN#NASDAQ">ASLN</a>) shares are trading lower by 38.7% to $0.68 during Wednesday&#8217;s session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for <a href="https://www.benzinga.com/pressreleases/24/07/g39812397/aslan-pharmaceuticals-announces-it-has-filed-for-voluntary-liquidation-of-its-sole-operating-subsi">voluntary liquidation</a>.</p>
<p>The company says this decision was made following a thorough review of ASLAN SG&#8217;s financial situation and strategic options. As a result, all employees of ASLAN SG and its subsidiary in the USA have been terminated.</p>
<p>The directors of ASLAN SG resolved that the subsidiary could not continue its business due to its liabilities. <strong>Luke Anthony Furler</strong> and <strong>Tan Kim Han</strong> of Quantuma (Singapore) Pte Limited were appointed as provisional liquidators to manage the winding up of ASLAN SG&#8217;s affairs.</p>
<p><strong><em>Read Also: <a href="https://www.benzinga.com/real-estate/reit/24/07/39816656/fed-rate-cut-expectations-drop-mortgage-rates-to-4-month-lows-surge-in-new-applications-refinanc">Fed Rate Cut Expectations Drop Mortgage Rates To 4-Month Lows: Surge In New Applications, Refinance Demand</a></em></strong></p>
<p>They will seek strategic alternatives for ASLAN&#8217;s development programs and assets, settle obligations, and distribute remaining proceeds to creditors and shareholders according to Singaporean law.</p>
<p>The parent company, ASLAN Pharmaceuticals, also resolved to apply for liquidation under Cayman law due to its liabilities. Previously, the company received a delisting notice from the Nasdaq Stock Market for failing to meet listing requirements and will move its trading to the over-the-counter market.</p>
<p>ASLN has a 52-week high of $25.44 and a 52-week low of $0.48.</p>


ASLN

Why ASLAN Pharmaceuticals (ASLN) Shares Are Down 40%

<p>UBS  analyst Joshua Spector   maintains Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) with a Neutral and lowers the price target from $39 to $38.</p>


UBS Maintains Neutral on Sealed Air, Lowers Price Target to $38

<p>Goldman Sachs  analyst Alexander Blostein   maintains State Street (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) with a Buy and raises the price target from $89 to $98.</p>


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