Latest News for VR Resources Stock (OTC:VRRCF)

VR Resources Ltd is an established junior exploration company focused on Greenfields' opportunities in precious metals. The company focuses on underexplored, large-footprint mineral systems in the western United States and Canada, and is well-financed for its exploration strategies and corporate obligations. VR owns its properties outright, and evaluates new opportunities on an ongoing basis, whether by staking or acquisition. The company projects include Hecla-Kilmer, Ranoke, Bonita, Reveille Silver, Big Ten, and others.

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Stocks That Set New 52-Week Highs Thursday

VR RESOURCES LTD ORD by VR Resources Ltd.

VR Resources Ltd

<p>Citigroup  analyst Atif Malik   maintains NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) with a Buy and raises the price target from $1030 to $1260.</p>


Price Target

Analyst Ratings

NVDA

Citigroup Maintains Buy on NVIDIA, Raises Price Target to $1260

Bonds

DoubleLine CEO Gundlach Advises Avoiding Triple C Bonds, Cites Numerous Recessionary Signals In The Economy

<p>Financial giants have made a conspicuous bearish move on Comerica. Our analysis of options history for Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 33% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $339,728, and 3 were calls, valued at $271,891.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $60.0 for Comerica over the recent three months. </p>
<h3>Volume &amp; Open Interest Trends</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 Comerica's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Comerica's significant trades, within a strike price range of $50.0 to $60.0, over the past month.</p>
<h3>Comerica Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1716484573_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</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><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CMA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$2.5</td>
<td>$2.25</td>
<td>$2.5</td>
<td>$52.50</td>
<td>$131.2K</td>
<td>4.8K</td>
<td>1.5K</td>
</tr>
<tr>
<td>CMA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$1.9</td>
<td>$1.65</td>
<td>$1.65</td>
<td>$55.00</td>
<td>$121.6K</td>
<td>5.9K</td>
<td>741</td>
</tr>
<tr>
<td>CMA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$1.8</td>
<td>$1.75</td>
<td>$1.8</td>
<td>$55.00</td>
<td>$79.6K</td>
<td>5.9K</td>
<td>2.0K</td>
</tr>
<tr>
<td>CMA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$1.7</td>
<td>$1.65</td>
<td>$1.65</td>
<td>$55.00</td>
<td>$70.6K</td>
<td>5.9K</td>
<td>863</td>
</tr>
<tr>
<td>CMA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$2.45</td>
<td>$2.25</td>
<td>$2.45</td>
<td>$52.50</td>
<td>$67.6K</td>
<td>4.8K</td>
<td>1.7K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Comerica</h3>
<p>Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.</p>
<h3>Where Is Comerica Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 580,218, with CMA's price down by -1.8%, positioned at $52.3.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 57 days.</li>
</ul>
<h3>Professional Analyst Ratings for Comerica</h3>
<p>3 market experts have recently issued ratings for this stock, with a consensus target price of $58.666666666666664.</p>
<ul>
<li>An analyst from Citigroup downgraded its action to Neutral with a price target of $56. </li>
<li>Reflecting concerns, an analyst from Stephens &amp; Co. lowers its rating to Overweight with a new price target of $64.</li>
<li>Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on Comerica with a target price of $56. </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 Comerica with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

What the Options Market Tells Us About Comerica

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Alibaba Gr Holding</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BABA, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 61 uncommon options trades for Alibaba Gr Holding.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 50% bullish and 36%, bearish.</p>
<p>Out of all of the special options we uncovered, 11 are puts, for a total amount of $2,737,229, and 50 are calls, for a total amount of $3,428,154.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $120.0 for Alibaba Gr Holding over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Alibaba Gr Holding options trades today is 8936.03 with a total volume of 67,399.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Alibaba Gr Holding's big money trades within a strike price range of $40.0 to $120.0 over the last 30 days.</p>
<h3>Alibaba Gr Holding Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1716484568_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><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$7.6</td>
<td>$7.45</td>
<td>$7.45</td>
<td>$80.00</td>
<td>$2.2M</td>
<td>6.1K</td>
<td>3.0K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$5.8</td>
<td>$5.75</td>
<td>$5.75</td>
<td>$80.00</td>
<td>$353.0K</td>
<td>2.7K</td>
<td>3.2K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$5.8</td>
<td>$5.75</td>
<td>$5.75</td>
<td>$80.00</td>
<td>$282.9K</td>
<td>2.7K</td>
<td>4.5K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$16.95</td>
<td>$16.0</td>
<td>$16.0</td>
<td>$85.00</td>
<td>$128.0K</td>
<td>792</td>
<td>102</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$10.55</td>
<td>$10.4</td>
<td>$10.5</td>
<td>$90.00</td>
<td>$123.9K</td>
<td>7.3K</td>
<td>172</td>
</tr>
</tbody>
</table>
</p>
<h3>About Alibaba Gr Holding</h3>
<p>Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.</p>
<p>In light of the recent options history for Alibaba Gr Holding, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is Alibaba Gr Holding Standing Right Now?</h3>
<ul>
<li>With a volume of 14,730,901, the price of BABA is down -2.41% at $80.69. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 77 days.</li>
</ul>
<h3>What Analysts Are Saying About Alibaba Gr Holding</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $111.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Alibaba Gr Holding with a target price of $107. </li>
<li>An analyst from B of A Securities persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $103. </li>
<li>Maintaining their stance, an analyst from Truist Securities continues to hold a Buy rating for Alibaba Gr Holding, targeting a price of $110. </li>
<li>An analyst from Truist Securities persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $113. </li>
<li>An analyst from Citigroup persists with their Buy rating on Alibaba Gr Holding, maintaining a target price of $122. </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 Alibaba Gr Holding options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


BABA

Looking At Alibaba Gr Holding's Recent Unusual Options Activity

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>GE Aero</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GE, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for GE Aero.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 25% bullish and 50%, bearish.</p>
<p>Out of all of the special options we uncovered, 5 are puts, for a total amount of $180,369, and 7 are calls, for a total amount of $457,815.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $185.0 for GE Aero during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in GE Aero's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to GE Aero's substantial trades, within a strike price spectrum from $120.0 to $185.0 over the preceding 30 days.</p>
<h3>GE Aero Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1716484562_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</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><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$35.15</td>
<td>$33.9</td>
<td>$34.4</td>
<td>$150.00</td>
<td>$171.9K</td>
<td>559</td>
<td>51</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$54.0</td>
<td>$53.0</td>
<td>$53.0</td>
<td>$120.00</td>
<td>$90.1K</td>
<td>25</td>
<td>20</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$2.69</td>
<td>$2.68</td>
<td>$2.68</td>
<td>$170.00</td>
<td>$53.6K</td>
<td>44.2K</td>
<td>1.3K</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$2.17</td>
<td>$2.01</td>
<td>$2.09</td>
<td>$170.00</td>
<td>$52.2K</td>
<td>44.2K</td>
<td>518</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$13.9</td>
<td>$13.8</td>
<td>$13.9</td>
<td>$170.00</td>
<td>$41.7K</td>
<td>45</td>
<td>60</td>
</tr>
</tbody>
</table>
</p>
<h3>About GE Aero</h3>
<p>GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.</p>
<p>Following our analysis of the options activities associated with GE Aero, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is GE Aero Standing Right Now?</h3>
<ul>
<li>With a trading volume of 3,215,662, the price of GE is up by 0.67%, reaching $161.89.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 61 days from now.</li>
</ul>
<h3>What Analysts Are Saying About GE Aero</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $180.2.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on GE Aero with a target price of $186. </li>
<li>An analyst from JP Morgan persists with their Overweight rating on GE Aero, maintaining a target price of $175. </li>
<li>An analyst from Jefferies persists with their Buy rating on GE Aero, maintaining a target price of $185. </li>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on GE Aero, which currently sits at a price target of $180. </li>
<li>An analyst from RBC Capital persists with their Outperform rating on GE Aero, maintaining a target price of $175. </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 GE Aero, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


A Closer Look at GE Aero's Options Market Dynamics

WIIM

SINT

SiNtx Technologies shares are trading lower after the company announced a 1-for-200 reverse stock split.

<p>Citigroup  analyst Alicia Yap   maintains PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) with a Buy and raises the price target from $185 to $198.</p>


Citigourp Global Markets 2% Protected Notes Linked To The Djia

Citigroup Maintains Buy on PDD Holdings, Raises Price Target to $198

CATO

Cato shares are trading higher after the company reported a year-over-year increase in Q1 EPS results.

<p><a href="https://about.netflix.com/en/news/what-we-watched-the-second-half-of-2023" title="https://about.netflix.com/en/news/what-we-watched-the-second-half-of-2023">https://about.netflix.com/en/news/what-we-watched-the-second-half-of-2023</a></p>


NFLX

People Watched 90 Billion Hours Of Netflix In The Second Half Of 2023 And 183 Billion Hours In Total For The Year - Netflix Engagement Report

<p>Wall Street has been witnessing a strong rally in technology stocks since early 2023, supported by an impressive adoption of artificial intelligence. However, a section of technical and financial experts has warned that the AI space is much hyped and likely to form a bubble. In contrast, the latest quarterly financial results of AI chipset behemoth &mdash; <strong>NVIDIA Corp.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) &mdash; smashed all concerns.</p>
<h3>Blockbuster Q1 2025</h3>
<p>NVIDIA reported that blockbuster first-quarter fiscal 2025 revenues of $26.04 billion, soared 262% year over year, marking the third straight quarter of growth in excess of 200%. The metric also exceeds the consensus estimate of $24.33 billion. Adjusted earnings per share were $6.12, ahead of the Zacks Consensus Estimate of $5.49. This compares to earnings of $1.09 per share a year ago.</p>
<p>The company&#39;s data center revenues soared 427% year-over-year to $22.6 billion. Gaming revenue up 18% year over year to $2.65 billion. Professional visualization revenues and automotive sales came in at $427 million and $329 million, respectively.</p>
<p>The AI market has gathered pace in the past few years buoyed by the rapid penetration of digital technologies and the Internet. These astonishing results were primarily due to sky-high shipments of NVIDIA&#39;s Hopper graphics processors, especially H100 GPU.</p>
<p>In after-market trade, the stock price of the Zacks Rank #2 company rose 6.1% to cross the $1,000 mark for the first time.</p>
<h3>Most Important Signal</h3>
<p>For the first time, NVIDIA signaled that the customers of its high-end AI GPUs will be able to make an &quot;immediate and strong return&quot; on their investment. Notably, about 45% of the company&#39;s data center revenues come from giant cloud providers like &mdash; <strong>Amazon</strong>&nbsp;<strong>Web Services</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), <strong>Microsoft</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) Azure, <strong>Alphabet</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) Cloud and <strong>Oracle</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/orcl#NYSE">ORCL</a>) Cloud.</p>
<p>CFO Colette Kress said that an investment of $1 by a cloud provider on H100 can generate $5 in revenues over the next four years. Using NVIDIA&#39;s latest HDX H200 chip that provides Meta Platforms&#39; Llama 3 AI model, an investment of $1 by an API provider can generate $7 in revenues over the next four years.<br />
Impressive Guidance</p>
<p>NVIDIA expects sales of $28 billion in the fiscal second quarter, higher than the current consensus estimate of $26.6 billion. CEO Jensen Huang said that the company&#39;s next-generation AI chip, called Blackwell, is the upcoming driver.</p>
<p>These chips will be available in data center in the fourth quarter of fiscal 2025. Huang said, &quot;We will see a lot of Blackwell revenue this year.&quot; These chips are essential for customers&#39; interconnected infrastructure.</p>
<h3>What Next for NVIDIA?</h3>
<p>NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, this worldwide leader of the GPU chipset has shifted its focus from PC graphics to AI-based solutions that support high-performance computing, gaming, and virtual reality platforms.</p>
<p>Over the past five years, the stock price of NVDA has soared 25 times. In the near future, NVIDIA is expected to benefit in two ways. Demand for its Hopper chips remains strong owing to the significant adoption of generative AI and an industry-wide shift away from central processors to NVIDIA-made accelerators.</p>
<p>On the other hand, despite an improving supply of NVIDIA chipsets, demand is likely to outpace supply, resulting in price hikes for chips. The market for AI is expected to show strong growth in the coming decade. Its current size of $200-$300 billion is expected to grow to nearly $2 trillion by 2030, as estimated by several research agencies.</p>
<p>The stock price of NVIDIA has jumped 210% in the past year and 92% year to date. Despite this, following the first-quarter fiscal 2025 results, momentum is likely to continue for this new darling of Wall Street.</p>
<p>The chart below shows the price performance of NVIDIA in the past month.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/7c/67327.jpg?v=1227056421" /><br />
Image Source -&nbsp;Zacks Investment Research</p>
<p><a href="https://www.zacks.com/stock/news/2277841/nvidia-crushes-all-estimates-signals-ai-boom-is-yet-to-unfold?cid=CS-BENZ-FT-analyst_blog|investment_ideas-2277841">To read this article on Zacks.com click here.</a></p>


Earnings

Earnings Beats

Tech

AMZN

GOOGL

MSFT

ORCL

NVIDIA Crushes All Estimates, Signals AI Boom is Yet to Unfold

<p>Deutsche Bank  analyst Brian Bedell   maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Buy and lowers the price target from $86 to $83.</p>


SCHW

Deutsche Bank Maintains Buy on Charles Schwab, Lowers Price Target to $83

<p>Citigroup  analyst Thomas Palmer   maintains Campbell Soup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>) with a Sell and raises the price target from $41 to $42.</p>


Citigroup Maintains Sell on Campbell Soup, Raises Price Target to $42

Macro Economic Events

Economics

U.S. Officials Say China Has Taken Important Steps On Debt Restructuring But Needs To Do More

<p>Deutsche Bank  analyst Justin Bowers   maintains Fortrea Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTRE#NASDAQ">FTRE</a>) with a Hold and lowers the price target from $36 to $28.</p>


FTRE

Deutsche Bank Maintains Hold on Fortrea Holdings, Lowers Price Target to $28

<p>Deutsche Bank  analyst Paul Trussell   maintains Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) with a Buy and lowers the price target from $209 to $190.</p>


Deutsche Bank Maintains Buy on Target, Lowers Price Target to $190

<p>In June 2024, several games, including Grand Theft Auto 5 (GTA 5), will be removed from <strong>Sony Group Corp.</strong>&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) PlayStation Plus Games Catalog for <a href="https://www.benzinga.com/general/gaming/24/05/38853821/sony-ships-4-5m-ps5-units-outsells-xbox-by-5-1-ratio">Extra Tier members. </a></p>
<p><a href="https://www.pushsquare.com/news/2024/05/ps-plus-extra-premium-lose-12-games-in-june-including-gta-5">According</a> to Push Square, the PlayStation Store&#8217;s &#8220;Last Chance to Play&#8221; page lists twelve titles slated for removal on June 18. These include:</p>
<p><em>See Also: <a href="https://www.benzinga.com/general/gaming/24/05/38971439/sony-to-launch-playstation-mobile-games-platform-job-listing-reveals">Sony To Launch PlayStation Mobile Games Platform, Job Listing Reveals</a></em></p>
<ul>
<li>GTA 5</li>
<li>Brothers: A Tale of Two Sons</li>
<li>Indivisible</li>
<li>DC League of Super-Pets: The Adventures of Krypto and Ace</li>
<li>Dodgeball Academia</li>
<li>Monster Jam Steel Titans</li>
<li>MotoGP 23</li>
<li>SpongeBob SquarePants: Battle for Bikini Bottom Rehydrated</li>
<li>The Talos Principle, Deluxe Edition</li>
<li>The Wild at Heart</li>
<li>Unturned</li>
</ul>
<p>Additionally, PlayStation Plus Premium subscribers will lose access to Baja: Edge of Control HD from the Classic Games Catalog.</p>
<p>GTA 5&#8217;s removal is notable, occurring just a month after the addition of Red Dead Redemption 2, another popular title from <strong>Take-Two Interactive Software Inc</strong>&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>) Rockstar Games. </p>
<p>Despite these removals, May 2024&#8217;s additions to the PlayStation Plus Games Catalog, including Cat Quest, Watch Dogs, and G-Police, although fewer in number, feature notable titles with Red Dead Redemption 2 expected to be a major highlight.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/general/gaming/24/05/38860193/may-2024-playstation-plus-red-dead-redemption-2-leads-a-diverse-collection-of-games">May 2024 PlayStation Plus: Red Dead Redemption 2 Leads A Diverse Collection Of Games</a></em></p>


Gaming

Sony Group Corporation American Depositary Shares

SONY

TTWO

GTA 5 And 11 Other Games Leaving PlayStation Plus Extra Tier In June

<p>Deutsche Bank  analyst Lauren Silberman   maintains Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) with a Buy and lowers the price target from $90 to $86.</p>


Deutsche Bank Maintains Buy on Sysco, Lowers Price Target to $86

<div>ARLINGTON, Texas — <strong>Uber Freight</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uber#NYSE">UBER</a>) covered a lot of ground at its recent annual Carrier Summit in Arlington, Texas, hosting its carrier network that moves the company's spot and dedicated freight.</div>

<p>"Uber Freight's managed transportation business creates real value helping us connect with shippers" said Harman Cheema, CEO of Cheema Freightlines.</p>

<p>Hundreds of representatives, ranging from small to large enterprise carriers, attended the event to learn more about Uber Freight's technology, its future in autonomous operations, and ways to utilize the company's growing managed transportation offering.</p>

<p>In addition to educating its network of carriers on industry challenges and strategies to address them, Uber Freight showcased its transportation solutions and announced Uber Freight Exchange, the integration of technology operations between its signature freight marketplace and the acquired managed transportation unit, Transplace.</p>

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<p>"Uber Freight's carrier management team works closely with us to understand our network and our strengths" said Lars Ward, vice president of sales and strategic partnerships at Cheema. "Their investment in creating a leading managed transportation platform is something we appreciate, and this summit was a great showcase for what is to come from the partnership."</p>

<p>Here are three things I learned from attending the event and speaking with company stakeholders.</p>

<h2 id="h-uber-freight-is-in-its-managed-transportation-era"><strong>Uber Freight is in its managed transportation era</strong></h2>

<p>The company entered the FreightTech arena in 2017 as a digital freight marketplace for shippers and carriers to post and book loads. Over the years, it raised funds, acquired legacy managed transportation provider Transplace, and leveraged the industry knowledge and operations that came with the purchase to improve Uber Freight's existing solutions. </p>

<p>Today, in Uber Freight's eyes, that well-executed strategy has earned the company a significant place at the managed transportation provider table.<br /><script type="text/javascript">
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<p>"[Uber Freight Exchange] allows shippers and carriers to be more precise about what they want out of our network" Uber Freight CEO Lior Ron told the audience. "It allows us to offer you more detailed information on opportunities and bundled loads available to you. … This offering is now its own independent technology. This allows us now to access hundreds of millions of dollars of freight spend with thousands of available lanes to extend beyond our current reach of $18 billion of freight under management."</p>

<div><img alt="" src="https://www.freightwaves.com/wp-content/uploads/2024/05/23/240515-Carrier-Summit-117-copy-1200x800.jpg" /><p>Carriers discussing solutions with Uber Freight representatives. (Photo - Uber Freight)</p>
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<p>Ron added that Uber Freight invested over $120 million in the past year to bring together both Uber Freight and Transplace technology teams to grow its offerings under one platform.</p>

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<p>"We've invested a lot in the ability to think about our network collectively so we can offer more continuous load opportunities and more savings opportunities for our shipper community" he said.</p>

<h2 id="h-uber-freight-is-standing-on-the-shoulders-of-data-science-giants"><strong>Uber Freight is standing on the shoulders of data science giants</strong></h2>

<p>Parent company Uber revolutionized transportation by leveraging advanced data science and big data analytics to enhance decision-making and the user experience for mobility and food delivery.</p>

<p>With over 8 million users across 450 cities in 66 countries, Uber employs technologies to process vast amounts of real-time data for key features such as dynamic surge pricing, precise fare estimation, and efficient matching algorithms that are powered by machine learning and predictive analytics. Surge pricing algorithms dynamically adjust fares based on real-time demand and supply metrics, while predictive models use GPS and traffic data to accurately estimate journey times and costs.</p>

<p>Now, Uber Freight is harnessing its family expertise for billions of dollars of freight, representing 22,000 types of goods collectively hauled over 306 million miles. </p>

<p>"We are very excited to be able to tap into the success Uber is having with [mobility]. … Because we stand on the shoulders of giants, we can tap into the amazing infrastructure and technology services" said Ron.<br /><script type="text/javascript">
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<p>While Uber Freight and competitors alike are dealing with poor market conditions, Ron explained that Uber Freight gets to lean on its parent for financial support too.</p>

<p>"We can also stand of the shoulders of giants in terms of our financial strength. Uber is near an inflection point in terms of profitability and free cash generation. … We can invest and that is what we hope will come across today. Having the breadth and scale of Uber platforms allows us to invest while the others play defense."</p>

<p>According to Ron, these investments will be seen in Uber Freight Exchange's procurement and scheduling modules, new financial platforms and payment processes, and new AI tools for enterprise shippers.</p>

<h2 id="h-fighting-fraud-takes-big-networks-and-grassroots-connections"><strong>Fighting fraud takes big networks and grassroots connections</strong></h2>

<p>Besides using Uber's data science capabilities to improve transportation and logistics operations, Uber Freight has the payment data of $67.8 billion Eats bookings and $68.9 billion in ridesharing bookings to fight freight fraud.</p>

<p>"It's fantastic to tap into one of the largest B2B global payment networks. … This secret ingredient has helped us bring fraud instances down 80% over the past four months" Ron told the audience.</p>

<p>That said, Uber Freight's compliance team closely collaborates with the FBI and other branches of law enforcement to set best practices for fraud prevention and develop relationships with carriers to implement strategies industrywide.</p>

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<div><img alt="" src="https://www.freightwaves.com/wp-content/uploads/2024/05/23/240516-Carrier-Summit-080-1200x800.jpg" /><p>Panel on fighting fraud with Uber Freight's senior investigator Bill McDermott, supervisory special agent to FBI-Fort Worth Chris Maffei, and Uber Freight's director of compliance Chris McLoughlin. (Photo: Uber Freight)</p>
</div>

<p>Uber Freight's director of compliance, Chris McLoughlin, advised carriers at the summit on how to operate compliance teams and to build relationships with local governments in regions where they run loads.</p>

<p>"The last thing you want to do is call the [local FBI office] for the first time the day you have something stolen" McLoughlin said. "That connection needs to be establish ahead of time with the people you know in your area. We have found a lot of benefit from starting those conversations in one location and then building out the jurisdiction from there."</p>

<p>McLoughlin, who regularly works with law enforcement to combat cargo crime, spoke on the rise in crime and how it will take the leveraging of all of Uber's unique resources to keep up with its growth.</p>

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<p>"In the past, these were crimes of opportunity; they were a side job. We've seen these switch quickly from these moments of opportunity to large rings, professional jobs, and this is their business, stealing cargo" he said.</p>

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<div><iframe height="281" src="https://www.youtube.com/embed/BydrRZnDnyk?feature=oembed" width="500"></iframe></div>

<p>The post <a href="https://www.freightwaves.com/news/3-things-i-learned-at-uber-freights-carrier-summit">3 things I learned at Uber Freight's Carrier Summit</a> appeared first on <a href="https://www.freightwaves.com">FreightWaves</a>.</p>

Events

Media

UBER

3 Things I Learned at Uber Freight's Carrier Summit

<p>How much a stock&#39;s price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.</p>
<p>Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.</p>
<p>What if you&#39;d invested in <strong>ResMed</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rmd#NYSE">RMD</a>) ten years ago? It may not have been easy to hold on to RMD for all that time, but if you did, how much would your investment be worth today?</p>
<p><strong>ResMed&#39;s Business In-Depth</strong></p>
<p>With that in mind, let&#39;s take a look at ResMed&#39;s main business drivers.</p>
<p>ResMed, Inc. holds a major position as designer, manufacturer, as well as a distributor in the worldwide market for generators, masks, and related accessories for the treatment of sleep-disordered breathing (SDB) and other respiratory disorders. SDB includes obstructive sleep apnea (OSA) and other respiratory disorders that occur during sleep.</p>
<p>The company currently has two operating segments, which are the Sleep and Respiratory Care segment (88.2% of total revenues in fiscal 2023) and the Software-as-a-Service (&quot;SaaS&quot;) segment (approximately 11.8% in fiscal 2023). In fiscal 2023, the first segment registered 17% revenue growth, while the latter registered 24% revenue growth from fiscal 2022.</p>
<p>Sleep and Respiratory Care includes Device, and Masks and other.</p>
<p>Devices include continuous positive airway pressure (&quot;CPAP&quot;), variable positive airway pressure (&quot;VPAP&quot;) and AutoSet systems for the titration and treatment of SDB. During fiscal year 2017, AirMini, the smallest portable CPAP on the market was launched. The company also acquired a line of Chinese-developed and manufactured sleep and ventilation devices with the acquisition of Curative Medical in fiscal year 2016.</p>
<p>Masks and others: This portfolio consist of different masks for SDB treatments like AirFit F20 in the full-face category and the AirFit N20, AirFit N30i, AirTouch N20 etc.</p>
<p>SaaS: Following multiple acquisitions, including Brightree LLC in April 2016, HEALTHCARE first in July 2018 and MatrixCare in November 2018, ResMed operates the SaaS business in the United States and Germany. This includes out-of-hospital software platforms designed to support professionals and caregivers who help people stay healthy at home or in a care setting of their choice.</p>
<p><strong>Bottom Line</strong></p>
<p>While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in ResMed ten years ago, you&#39;re probably feeling pretty good about your investment today.</p>
<p>A $1000 investment made in May 2014 would be worth $4,285.69, or a 328.57% gain, as of May 23, 2024, according to our calculations. Investors should note that this return excludes dividends but includes price increases.</p>
<p>The S&amp;P 500 rose 180.42% and the price of gold increased 76.55% over the same time frame in comparison.</p>
<p>Looking ahead, analysts are expecting more upside for RMD.</p>
<p>ResMed benefits from the global supply of its cloud-connected platforms, AirSense10 and AirSense11. The strong uptake of the myAir app with Air 11 is likely to drive higher adherence to therapy in patients. The company continues to see strong growth in the U.S. mask and accessories business, where resupply programs are powered by a digital health ecosystem, including AirView for physicians, Brightree for home care medical equipment providers, and myAir for patients. The MEDIFOX DAN business contributes to the robust organic growth of the SaaS business, raising optimism. We expect the company&#39;s revenues to grow at 6.4% CAGR through fiscal 2024-2026. Meanwhile, ResMed has been witnessing pressure on margin over the past few quarters due to varied macroeconomic issues. A balance sheet with a high debt burden is worrisome.</p>
<p>The stock is up 18.77% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 5 higher, for fiscal 2024. The consensus estimate has moved up as well.</p>
<p><a href="https://www.zacks.com/stock/news/2277721/here-s-how-much-a-1000-investment-in-resmed-made-10-years-ago-would-be-worth-today?cid=CS-BENZ-FT-tale_of_the_tape|investing_$1000-2277721">To read this article on Zacks.com click here.</a></p>


Health Care

General

Here's How Much a $1000 Investment in ResMed Made 10 Years Ago Would Be Worth Today

<p>HC Wainwright &amp; Co.  analyst Joseph Pantginis   maintains Cytokinetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) with a Buy and lowers the price target from $94 to $90.</p>


HC Wainwright & Co. Maintains Buy on Cytokinetics, Lowers Price Target to $90

VR Resources to sell Hecla-Kilmer REE mineral property for $3.6 mln

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has finalized a deal to sell its Hecla-Kilmer rare earth element property to Neote...

VR Resources Cashes in on REE Property Sale

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has announced a non-brokered private placement aiming to raise $500,000 to fund th...

VR Resources Raises Funds for Nevada Drill Program

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has upscaled its private placement from $500,000 to $900,000 to support its upcomi...

VR Resources Boosts Private Placement Funds

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has successfully completed a $900,000 financing round and is proceeding with plans...

VR Resources Readies Drill Program Post-Financing

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has launched an innovative spring drill program at its New Boston property in Neva...

VR Resources Advances Nevada Drill Program

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has commenced its first drilling program at the East Zone of its New Boston polyme...

VR Resources Begins Drilling at New Boston Site

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has amended its definitive agreement with Neotech Metals Corp. to extend the closi...

VR Resources Extends Hecla-Kilmer Sale Date

VR Resources (TSE:VRR) has released an update. VR Resources Ltd. has successfully completed the first drill hole at its New Boston copper-moly-silv...

VR Resources Advances Drilling at New Boston Project

VRRCF

VR Resources

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Latest News for VR Resources Stock (OTC:VRRCF)

Thursday, August 08, 2019