Roth CH Acquisition Co Units (1 Ord Class A & 1/2 War) Stock (OTC: USTUF)

Latest news for Roth CH Acquisition Co Units (1 Ord Class A & 1/2 War) (OTC:USTUF) Stock

Roth CH Acquisition Co Units (1 Ord Class A & 1/2 War)

Rosenblatt analyst Barton Crockett maintains Comcast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) with a Neutral and maintains $45 price target.

News

Price Target

Analyst Ratings

CMCSA

Rosenblatt Maintains Neutral on Comcast, Maintains $45 Price Target

TSMC is expected to break ground on its new wafer fab in Germany around the end of 2024, with volume production beginning as early as the end of 2027, according to sources at semiconductor equipment makers.

'TSMC to break ground for German fab at year-end, sources say' -DigiTimes Alert

Truist Securities analyst Brandon King maintains BOK Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOKF#NASDAQ">BOKF</a>) with a Hold and raises the price target from $94 to $112.

BOKF

Truist Securities Maintains Hold on BOK Financial, Raises Price Target to $112

IREN

IREN Announced It Has Secured An Additional 150MW Of Immediately Available Power Capacity At Its Childress Site And Increases Childress Power Capacity From 600MW To 750MW

Benchmark analyst Fawne Jiang downgrades Autohome (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATHM#NYSE">ATHM</a>) from Buy to Hold.

Downgrades

ATHM

Benchmark Downgrades Autohome to Hold

Rosenblatt analyst Barton Crockett maintains Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Neutral and maintains $181 price target.

GOOGL

Rosenblatt Maintains Neutral on Alphabet, Maintains $181 Price Target

Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) shares are trading higher after the company reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39923184/equinor-second-quarter-2024-results" rel="noreferrer noopener">second-quarter&nbsp;FY24 results</a>.
Adjusted revenue and other income rose&nbsp;12%&nbsp;Y/Y to&nbsp;$25.54 billion, above the consensus of&nbsp;$23.72 billion.
Total equity liquids and gas production rose&nbsp;3% Y/Y to 2,048&nbsp;mboe&nbsp;per day, with equity liquids production falling 1% Y/Y to 1,080 mboe&nbsp;per day and equity gas production rising 7% Y/Y to 968 mboe&nbsp;per day.
Production benefited from performance at NCS, driven by Troll and Oseberg, along with the ramp-up of new fields.
The contribution from the Buzzard field in the U.K. and new wells partially offset lower production in the U.S.
Group average liquids price rose&nbsp;10%&nbsp;Y/Y to&nbsp;$77.6/bbl, and&nbsp;realised&nbsp;piped gas price U.S. was&nbsp;$1.53/mmbtu.
Equinor produced 655 GWh from renewables, up&nbsp;90%&nbsp;Y/Y, in the quarter. Onshore power plants, notably in Brazil and Poland, and strong offshore wind farm production drove over half of the quarter&#8217;s output.
Equinor reported an adjusted operating income of $7.48 billion in the quarter, with $6.13 billion from E&amp;P Norway, $699 million from E&amp;P International, and $264 million from E&amp;P USA.
Adjusted EPS of&nbsp;$0.84, <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missing the consensus of&nbsp;$0.85</a>.
Operating cash flow stood at&nbsp;$1.61 billion, down&nbsp;13%&nbsp;Y/Y, in the quarter.
Dividend: The board of directors declared a&nbsp;first-quarter&nbsp;ordinary cash dividend per share of&nbsp;$0.35&nbsp;and an extraordinary cash dividend of&nbsp;$0.35, payable on November 29, to shareholders of&nbsp;record&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39923186/equinor-asa-key-information-relating-to-cash-dividend-for-second-quarter-2024" rel="noreferrer noopener">as of November 19</a>.
Repurchase: The board has launched a third tranche of its share buyback program, totaling up to $1.6 billion, running from July 25 to October 22.
In February 2024, the board of directors disclosed a two-year share buyback program for 2024-2025 of&nbsp;$10 billion-$12 billion&nbsp;in total, with&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39923187/equinor-to-commence-third-tranche-of-the-2024-share-buy-back-programme" rel="noreferrer noopener">up to&nbsp;$6 billion&nbsp;for 2024</a>.&nbsp;
In the quarter, Equinor drilled seven exploration wells offshore, including the Argerich well in Argentina, but made no commercial discoveries. Seven wells were still in progress at the end of the quarter.
FY24&nbsp;Outlook: Equinor continues to expect total <a target="_blank" href="https://www.benzinga.com//node/38430077" rel="noreferrer noopener">capital distributions of&nbsp;$14 billion&nbsp;in FY24</a>.
Anders Opedal, President and&nbsp;CEO,&nbsp;said, &#8220;Field developments and high production contributes to energy security for Europe. To unlock further long-term value creation, we continue to optimise our portfolio. We also progressed our renewables projects and accessed three new licences for CO2 storage, to build a profitable business for a future low carbon energy system.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39618802/equinor-extends-35-year-partnership-nippon-steel-and-sumitomo-to-supply-octg-for-up-to-9-years" rel="noreferrer noopener">Equinor Extends 35-Year Partnership: Nippon Steel and Sumitomo to Supply OCTG for Up to 9 Years</a>
Investors can gain exposure to the stock via Amplify ETF Trust Amplify Natural Resources Dividend Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NDIV#NYSE">NDIV</a>) and SGI Enhanced Global Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GINX#NASDAQ">GINX</a>).
Price Action: EQNR shares are up 0.84% at $26.40 premarket at the last check Wednesday.
Photo by anna-jimenez for Unsplash
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/06/39533520/schlumberger-lands-electric-subsea-project-with-equinor-in-norway-details" target="_blank" rel="noreferrer noopener">Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details</a></li>
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Earnings

Equities

Large Cap

Guidance

Dividends

Buybacks

EQNR

GINX

NDIV

Equinor Posts Mixed Q2: Increases Renewables Output, Boosts Shareholder Returns

EMLD

Trading Halt: Halt status updated at 7:25:00 AM ET: Quotation Resumption: News and Resumption Times

Truist Securities analyst Brandon King maintains Banc of California (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) with a Hold and raises the price target from $13 to $15.

BANC

Truist Securities Maintains Hold on Banc of California, Raises Price Target to $15

Morgan Stanley analyst James Faucette maintains Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) with a Overweight and lowers the price target from $326 to $322.

Morgan Stanley Maintains Overweight on Visa, Lowers Price Target to $322

WestPark Capital analyst Kevin Garrigan reiterates Data I/O (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAIO#NASDAQ">DAIO</a>) with a Buy and maintains $5 price target.

Reiteration

DAIO

WestPark Capital Reiterates Buy on Data I/O, Maintains $5 Price Target

Morgan Stanley analyst Toni Kaplan maintains MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) with a Overweight and raises the price target from $615 to $640.

MSCI

Morgan Stanley Maintains Overweight on MSCI, Raises Price Target to $640

Rosenblatt analyst Hans Mosesmann maintains Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) with a Buy and maintains $250 price target.

Rosenblatt Maintains Buy on Texas Instruments, Maintains $250 Price Target

Rosenblatt analyst Catharine Trebnick maintains CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) with a Buy and lowers the price target from $420 to $350.

CRWD

Rosenblatt Maintains Buy on CrowdStrike Holdings, Lowers Price Target to $350

Rosenblatt analyst Barton Crockett maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $396 to $399.

SPOT

Rosenblatt Maintains Buy on Spotify Technology, Raises Price Target to $399

"Shark Tank" star <a href="https://finance.yahoo.com/news/kevin-oleary-says-moved-taxachusetts-141512623.html">Kevin O'Leary </a>painted a bleak picture of the housing market during a recent Fox News interview.
The Canadian investor expressed deep pessimism about the affordability crisis, suggesting it has no easy solution.
O'Leary identifies inflation and remote work as the main drivers of the <a href="https://www.benzinga.com/real-estate/24/07/39887303/kevin-oleary-weighs-in-on-three-states-where-owning-might-be-better-than-selling">housing </a>affordability crisis. High inflation has led the Federal Reserve to maintain higher interest rates, making mortgages more expensive.
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U.S. inflation remained elevated in June at 3.3%, exceeding the Fed's 2% target. As a result, the central bank has kept its benchmark interest rate high, with the average 30-year fixed-rate mortgage at 6.77%.
"The anticipation was that rates would come down," O'Leary said. "In fact, only 12 months ago we were thinking seven rate cuts of which none have appeared because inflation remains rampant; we're still north of 3%."
Lower <a href="https://www.benzinga.com/general/24/06/39481157/kevin-oleary-says-the-biden-administrations-investment-in-affordable-housing-will-cause-more-inflati">housing costs</a> in rural areas can typically balance higher loan interest rates. However, O'Leary contends that the pandemic has disrupted this traditional pattern in the housing market.
"We had this weird outcome of the pandemic where people started moving away from metropolitan areas … and the prices in those houses in rural regions went way through the roof," he told Fox News. "It's a new America. It's a digitized America, and housing is more expensive."
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today</a>.
O'Leary said that although real estate has been a good investment for 200 years, there's no easy solution to fix the trends. High inflation and interest rates could keep home prices elevated.
O'Leary isn't alone in this prediction. Real estate experts like Grant Cardone, who sees rents doubling, and Dave Ramsey, who cites limited housing supply, share O'Leary's view of continued price increases.
The data supports this. A Realtor.com analysis reveals a significant housing shortage, with single-family home construction lagging behind new households by 7.2 million since 2012. While high mortgage rates dampened buyer and seller activity, the lack of available homes kept prices near the previous year's level.
See Also: <a href="https://www.benzinga.com/money/gen-z-and-millennial-millionaires-investments-adv">Gen Z and Millennial millionaires couldn't care less for stocks and bonds — Here's what they're buying instead.</a>
While the overall housing market faces significant challenges, regional disparities are emerging. Factors like climate change and work dynamics are influencing local trends.
For example, Florida's increased risk of natural disasters has driven up property insurance costs, impacting home prices. According to Redfin, a surplus of homes on the market is also contributing to a slowdown in the state. Texas is experiencing similar pressures.
Conversely, rural areas that boomed during the pandemic as remote work hubs may now face cooling demand as companies enforce office returns. A Redfin survey indicates that 10.1% of people planning to move are doing so because of return-to-work mandates, sometimes at a financial loss.
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Real Estate

Kevin O'Leary Sees No End To Soaring Home Prices – 'It's A New America'

BMO Capital analyst Tristan Thomas-Martin maintains Polaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) with a Market Perform and lowers the price target from $90 to $75.

BMO Capital Maintains Market Perform on Polaris, Lowers Price Target to $75

Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) reported quarterly earnings of $2.46 per share which beat the analyst consensus estimate of $2.10 by 17.14 percent. This is a 17.14 percent increase over earnings of $2.10 per share from the same period last year. The company reported quarterly sales of $568.312 million which missed the analyst consensus estimate of $588.296 million by 3.40 percent. This is a 6.89 percent increase over sales of $531.668 million the same period last year.

Earnings Beats

Earnings Misses

BPOP

Popular Q2 2024 GAAP EPS $2.46 Beats $2.10 Estimate, Sales $568.312M Miss $588.296M Estimate

BMO Capital analyst Fadi Chamoun maintains United Parcel Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) with a Market Perform and lowers the price target from $169 to $155.

BMO Capital Maintains Market Perform on United Parcel Service, Lowers Price Target to $155

Needham analyst Quinn Bolton reiterates Vicor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) with a Hold.

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Roth CH Acquisition Co Units (1 Ord Class A & 1/2 War)

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Latest news for Roth CH Acquisition Co Units (1 Ord Class A & 1/2 War) (OTC:USTUF) Stock