Altice USA (NYSE:ATUS) Azioni

Altice USA

Altice Europe acquired privately held US cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 4 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York and i24News, a news operation focused on the Middle East.

Altice USA Inc

ALTIUS MINERALS CORP by Altius Minerals Corp.

Altius Minerals Corp

Shares of Next Technology Holding Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTT#NASDAQ">NXTT</a>) surged by 706% to $2.50 on Friday afternoon, driven by an extremely large spike in trading volume over the company's Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) assets.
Friday&#8217;s session volume exploded to 152.165 million shares, dwarfing the 100-day average volume of just 524,333 shares.
What To Know: Fueling the rally was the company's <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=319151730&amp;type=PDF&amp;symbol=NXTT&amp;cdn=34f9a80668dd231fd7a34b2086fb7eb4&amp;companyName=Next+Technology+Holding+Inc.&amp;formType=10-Q&amp;formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&amp;dateFiled=2025-05-09">latest disclosure</a> revealing it held approximately 5,833 Bitcoins as of March 31, 2025, with a carrying value of $481.7 million, up from just 833 Bitcoins at the end of 2024. This increase was largely tied to a major crypto acquisition executed in March, which was financed through stock issuance and warrants.
Next Technology, which has dual business focuses in software development and Bitcoin investment, also <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=319151730&amp;type=PDF&amp;symbol=NXTT&amp;cdn=34f9a80668dd231fd7a34b2086fb7eb4&amp;companyName=Next+Technology+Holding+Inc.&amp;formType=10-Q&amp;formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&amp;dateFiled=2025-05-09">reported</a> $193.4 million in net income for the first-quarter—almost entirely from unrealized gains on digital assets. 
With seemingly little traditional revenue and limited cash on hand, the company's stock price Friday appears to be riding the momentum of its crypto-centric strategy.
Read Also: <a href="https://www.benzinga.com/news/25/05/45324397/clover-health-clov-stock-soars-this-week-on-q1-profitability-up-320-over-past-year">Clover Health Stock Soars This Week On Q1 Profitability, Up 320% Over Past Year</a>
<h2 class="wp-block-heading">How To Buy NXTT Stock</h2>
By now you're likely curious about how to participate in the market for Next Technology Holding &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, NXTT has a 52-week high of $6.00 and a 52-week low of $0.22.

News

$BTC

Next Technology Holding Inc. - Ordinary Shares

NXTT

Next Technology Stock Soars Over 700% On Heavy Volume And Bitcoin Holdings News

It's been a great decade. It's been hard not to make money in U.S. stocks.
To lose money over the past ten years, you would have had to chase every bad idea that came down the pike, from SPACs and Crowdfunding to inverse QQQ funds.
If you were determined not to compound your cash at double-digit levels, you could have used covered call funds to cut your returns in half.
If you just owned the indexes or the large-cap, well-known companies, you made excellent returns.
But now, it looks like the party is coming to an end. All five of the world's most reliable long-term market indicators say the same thing: The party in U.S. stocks is over.
Here's why and where to invest instead.
As investors assess the road ahead after a long stretch of stellar U.S. equity performance, the key question is where the next decade's returns will come from. Using the most reliable long-term indicators—CAPE ratios, excess CAPE yields, market cap to GDP, and investor allocation levels—the message is straightforward: The U.S. is expensive. Japan and Europe look far more promising.
Before we get into the comparisons, here's a quick overview of the tools we're using:
<ul class="wp-block-list">
<li>CAPE Ratio (Cyclically Adjusted P/E): Price divided by the 10-year average of inflation-adjusted earnings. A higher CAPE generally signals lower future returns.</li>
<li>Excess CAPE Yield (ECY): The inverse of the CAPE ratio (earnings yield) minus the 10-year government bond yield. A higher ECY means stocks offer more yield relative to bonds—historically, a strong signal for forward equity returns.</li>
<li>Market Cap to GDP: A broad valuation gauge comparing total equity market value to the size of the economy. Higher readings often suggest lower long-term returns.</li>
<li>Investor Allocation to Equities: Measures the share of household wealth held in stocks. High equity exposure often signals crowded positioning and lower future returns.</li>
<li>Tobin's Q: Market value of companies compared to the replacement cost of their assets. When Q is high, the market is expensive relative to its real-world capital base.</li>
</ul>
<h1 class="wp-block-heading">U.S. Stocks: Expensive And Well-Owned</h1>
Let's start with the U.S., where the CAPE ratio is north of 33, placing it in the top 5% of historical observations. The inverse CAPE yield is under 3%, while the 10-year Treasury yield sits around 4.45%. That gives us a negative excess CAPE yield of -1.6%—a red flag by historical standards. It means investors earn less from stocks than from safe government bonds when adjusted for valuation.
Market cap to GDP is pushing 175%, and household equity allocations are near all-time highs around 45%. In past cycles, these conditions have corresponded with real returns of just 1–2% per year, or 3–4% nominal, assuming 2% inflation. Investors expecting a repeat of the last decade's performance may be in for a disappointment.
<h1 class="wp-block-heading">Japan: Solid Valuations, Positive Yields, Room to Re-Rate</h1>
Japan offers one of the most attractive long-term setups in the developed world. The Topix CAPE is around 18, with an inverse CAPE yield of 5.3%. The 10-year JGB yield, still under 1%, puts the excess CAPE yield at a very strong 4.45%. That signals that Japanese equities offer far better return potential than domestic bonds.
Household equity allocations in Japan remain low—12% to 15%—and shareholder-friendly reforms continue to gain steam. With a dividend yield near 2.5% and improving capital efficiency, the models suggest real returns of 5–6%, with nominal returns around 6.5–7.5% annually. If capital flows accelerate, those numbers could improve.
Tobin's Q in Japan is close to 1.0, suggesting that market prices are in line with replacement costs. That's a neutral-to-positive valuation signal.
<h1 class="wp-block-heading">Europe: Reasonable Valuations, High Dividends, Undervalued Potential</h1>
Europe sits somewhere between the U.S. and Japan. The CAPE ratio is near 16.5, and earnings yields are strong at 6%. With sovereign yields averaging around 2.8%, the excess CAPE yield is a healthy 3.2%. That's historically consistent with mid-single-digit real returns.
Market cap to GDP across the region is around 85%, and equity allocations remain modest. The dividend yield stands at 3.4%, and valuations are well below U.S. levels. Tobin's Q is also in the 0.9 to 1.0 range—indicating fair to slightly undervalued conditions.
If the EU's capital markets integration efforts gain traction and political risks stay contained, forward nominal returns in the 6.5–7.5% range look reasonable.
<h1 class="wp-block-heading">The Bottom Line</h1>
The data speaks for itself. U.S. stocks are priced for low single-digit returns. Japan and Europe, on the other hand, offer valuation support, earnings power, and structural room to re-rate higher.
Investors who think globally and allocate accordingly may be rewarded not just with diversification but also with better absolute returns.
As always, valuation matters, and the case for going global is stronger than it has been in years.
<h2 class="wp-block-heading">While Markets Fell, ROOT Did This&#8230;</h2>
When most stocks struggled, ROOT followed a post-earnings pattern. Register for and watch <a href="https://events2.benzinga.com/erx-gaps-workshop-may-2025-registration/?utm_campaign=ERxMay&amp;el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}&amp;utm_adType=SponsorAd&amp;utm_ad=RD0510">this free masterclass</a> to see how it works and which stocks might be next. 
Editorial content from our Expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

Trading Ideas

The Party In US Stocks Is Over - Invest Here Instead

Shopify Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) reported&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45286313/shopify-q1-gross-margin-contracts-misses-profit-estimate" rel="noreferrer noopener">fiscal first-quarter</a> results&nbsp;on Thursday. The company&#8217;s quarterly revenue growth&nbsp;of 26.8% to $2.36 billion beat the&nbsp;analyst consensus estimate of&nbsp;$2.33 billion.&nbsp;
The e-commerce platform company reported adjusted EPS of $0.25, up 25% but missed the&nbsp;analyst consensus&nbsp;estimate&nbsp;of $0.26.
Also Read: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45234498/shopify-q1-likely-solid-but-analyst-says-tariff-commentary-and-q2-outlook-will-steer-investor-focus" target="_blank" rel="noreferrer noopener">Shopify Q1 Likely Solid, But Analyst Says Tariff Commentary And Q2 Outlook Will Steer Investor Focus</a>
Gross merchandise volume increased 22.8% to $74.75 billion. Merchant solutions revenue increased 28.9% to $1.74 billion.&nbsp;
Wall Street analysts rerated the stock after the report.
<ul class="wp-block-list">
<li>Piper Sandler analyst Clarke Jeffries had a Neutral rating on Shopify with a <a target="_blank" href="https://www.benzinga.com/quote/SHOP/analyst-ratings" rel="noreferrer noopener">price target of $104</a>.</li>
<li>Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Shopify with a price target of $120, down from $130.</li>
</ul>
Piper Sandler: GMV grew 23%, driven by same-store sales growth for existing customers and growth in merchants globally. Management noted that only 1% of overall GMV is related to imports from China, subject to the de minimis exemption, Jeffries said.
The second-quarter guidance factors in continued strength in GMV data through April and May, translating to mid-20s revenue growth and high-teens gross profit growth. Guiding to mid-20s revenue growth but expecting to see high-teens gross profit growth will likely be the primary nitpick for investors, the analyst stated.
Free cash flow margins will likely be again in the mid-teens range. Jeffries will closely monitor this into next quarter, as he noted a decline in free cash flow margins would be a negative event for the stock.
Shopify is successfully benefiting from the globalization of commerce through digital technology, and the scale advantages built in the North American market translate to substantial market share gains abroad. International is the linchpin to believing Shopify can continue to grow at ~20% over the medium term and is crucial for the bull story.
Jeffries projected second-quarter revenue of $2.56 billion and EPS of $0.30.
Goldman Sachs: Shopify&#8217;s GMV multiplier as a percentage of U.S. eCommerce growth remains strong, indicating continued market share gains that will likely expand further in periods of volatility even as U.S. eCommerce growth slows. Shopify continues progressing in the enterprise, which Borges expects to be a key growth driver in 2025.
Shopify&#8217;s data has shown little evidence of a slowdown, with strength in April and early May. When asked about Flexport&#8217;s view of disruption, Shopify noted that it has not seen similar trends and that its merchant bases have different characteristics.
While management acknowledged continued uncertainty and noted that the full impact of the current trade environment remains to be seen, they shared some metrics to help investors understand Shopify&#8217;s exposures.
Cross-border continues to make up 15% of GMV, with half of this number representing U.S. trade, which is split between inbound and outbound. 1% of the overall GMV is from China and is subject to the de minimis exemption.
While Shopify has seen some merchants raise prices, they have not seen broad pricing increases and noted that their typical consumer is more resilient to pricing increases, the analyst said.
Shopify believes its merchant base is exposed to verticals that are more able to adapt, with limited exposure to verticals like electronics and higher exposure to verticals like fashion, apparel, and beauty. Management is skeptical that tariffs have pulled forward demand, noting that China&#8217;s production capacity limits the degree to which it can flex upwards, Borges noted.
Pressure on gross margins in 2025 is due to the PayPal partnership, payments increasing as a % of the business, noncash revenue rolling off, enterprise traction, and the impact from longer paid trial lengths causing pressure on subscription revenue growth. While Merchant Solutions&#8217; gross margin will continue to be pressured by payments, Payment adoption can help increase the adoption of many of Shopify&#8217;s newer margin-accretive products, which should help margins stabilize over time.
While free cash flow margins will likely trend sideways in 2025, the analyst noted the potential for structurally higher terminal margins due to Shopify&#8217;s vertical software competitive moat.
SHOP Price Action:&nbsp;Shopify stock is down 2.93% at $91.25 at the last check on Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45324239/apples-upcoming-chips-aim-to-challenge-meta-in-the-smart-glasses-battle-report" target="_blank" rel="noreferrer noopener">Apple&#8217;s Upcoming Chip Aims To Challenge Meta In Smart Glasses Battle: Report</a></li>
</ul>
Photo: Shutterstock

Price Target

Reiteration

Analyst Ratings

SHOP

Shopify Shows Strong Global Momentum, But Guidance Raises Questions On Profitability Path

Cryptocurrency markets are heading into the weekend with bullish momentum, supported by rising institutional inflows, favorable regulatory signals and surging ETF demand.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>$103,210.29</td>
<td>+1.9%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>$2,342.42</td>
<td>+13.3%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>$171.91</td>
<td>+7.4%</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td>$2.35</td>
<td>+4.9%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.2044</td>
<td>+7.4%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>$0.00001503</td>
<td>+7.4%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul class="wp-block-list">
<li>IntoTheBlock data shows large transaction volume increasing by 3.8% and daily active addresses growing by 1.2%. Transactions greater than $100,000 are up from 10,628 to 14,818 in a single day. Exchanges netflows are down by 129.9%.</li>
<li>Coinglass data reports 250,199 traders were liquidated in the last 24 hours for $1.04 billion.</li>
<li>CoinBureau cited CryptoQuant data saying whale accumulation is not slowing down, with crypto whales boosting holdings to around $3.7 billion in the last 30 days.</li>
</ul>
Notable Developments:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45324908/coinbase-launches-24-7-bitcoin-ethereum-futures-trading-what-does-that-mean">Coinbase Launches 24/7 Bitcoin, Ethereum Futures Trading: What Does That Mean?</a></li>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45323509/coinbase-analysts-look-ahead-to-q2-after-disappointing-q1-higher-crypto-prices-increased-volumes">Coinbase Analysts Look Ahead To Q2 After Disappointing Q1: &#8216;Higher Crypto Prices… Increased Volumes&#8217;</a></li>
<li><a href="https://www.benzinga.com/government/regulations/25/05/45314812/mark-cuban-slams-memecoins-says-they-set-a-bad-example-for-new-crypto-investors">Mark Cuban Slams Memecoins, Says They Set A &#8216;Bad Example&#8217; For New Crypto Investors</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45309505/celsius-founder-alex-mashinsky-gets-12-year-prison-sentence-for-securities-and-commodities-fraud">Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence For Securities and Commodities Fraud</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45309227/coinbase-ceo-brian-armstrong-believes-traditional-banks-launching-own-stablecoins-not-necessarily-the-best-path-pitches-usdc-as-option">Coinbase CEO Brian Armstrong Believes Traditional Banks Launching Own Stablecoins &#8216;Not Necessarily The Best&#8217; Path— Pitches USDC As Option</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45322570/treasury-secretary-criticizes-senate-for-failing-to-advance-stablecoin-bill">Treasury Secretary Criticizes Senate For Failing To Advance Stablecoin Bill</a></li>
<li><a href="https://www.benzinga.com/news/earnings/earnings-misses/25/05/45320451/mara-holdings-q1-results-fail-to-excite-yet-bitcoin-touching-103k-could-turn-losses-to-gains">MARA Holdings&#8217; Q1 Results Fail To Excite, Yet Bitcoin Touching $103K Could Turn Losses To Gains</a></li>
</ul>
Top Gainers:
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Pyth Network (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PYTH</a>)</td>
<td>$0.1992</td>
<td>+35%</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>$0.00001243</td>
<td>+19.5%</td>
</tr>
<tr>
<td>OFFICIAL TRUMP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) </td>
<td>$14.56</td>
<td>+17.9%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto trader Jelle warns against entering long positions on Bitcoin at current levels, citing the potential for "scammy price action" designed to trap late entries and fake breakout traders. 
Instead, he urges patience, suggesting that buying the dips remains the smarter strategy. Jelle maintains a bullish target of $140,000 for BTC.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is not the area to look for longs btw. Likely get scammy PA in the coming week or two, chopping up the late longers and tricking people into giving up on the breakout. Be patient &#8211; long dips, $140,000 is programmed IMO.<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/KFWXGC2NoD">pic.twitter.com/KFWXGC2NoD</a>
&mdash; Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1920829002253582655?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
ShardiB2 <a href="https://x.com/ShardiB2/status/1920894672332788161">points</a> to a 1-hour reversal candle, indicating potential near-term turbulence. 
Stockmoney Lizards <a href="https://x.com/StockmoneyL/status/1920898437676958171">agrees</a>, noting Bitcoin's strong recent pump but warning of a possible short-term shakeout, likely in the form of a sharp wick, to flush out over-leveraged longs before resuming its upward move.
Meanwhile, Kevin Svenson of Blofin highlights Bitcoin's 4-hour chart following a measured move pattern, suggesting a potential pullback to $100,000 for a re-test before pushing toward $114,000.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> &#x7C; 4-hour measured moves have been hitting with absolute precision. A possible re-test of $100,000 is in play before the next leg up, which targets a measured move to $114,000 &#x1f440;<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> &#x1f517;<a href="https://t.co/3AMc33qIm2">https://t.co/3AMc33qIm2</a> <a href="https://t.co/bI9eZiQOFj">pic.twitter.com/bI9eZiQOFj</a>
&mdash; Kevin Svenson (@KevinSvenson_) <a href="https://twitter.com/KevinSvenson_/status/1920907329395966376?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Lastly, Crypto Yoddha <a href="https://x.com/CryptoYoddha/status/1920897779385123020">remains</a> firmly bullish, predicting Bitcoin will catch bears off guard in the coming months. Though he notes the exact top is uncertain, his personal target range sits between $140,000 and $150,000. 
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45321872/bitcoin-hits-103400-as-states-embrace-btc-reserves">Bitcoin Hits $103,400 As States Embrace BTC Reserves</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

Markets

$DOGE

$ETH

$PEPE

$PYTH

$SHIB

$SOL

$TRUMP

$XRP

Bitcoin, Ethereum, XRP, Dogecoin Enter Weekend Strong: 'Long Dips, $140,000 Is Programmed,' Trader Says

DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) (GR: R9B) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DEFTF#OTC">DEFTF</a>), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce it has received approval to list its common shares (the "Common Shares") on the Nasdaq Capital Market ("Nasdaq"). Trading is expected to commence on Nasdaq under the symbol "DEFT" on May 12, 2025.

DEFTF

DeFi Technologies Secures Nasdaq Listing Approval, Trading to Begin Under DEFT on May 12, 2025

Warner Bros. Discovery, Inc&nbsp;(NASDAQ:&nbsp;WBD) announced <a href="https://www.benzinga.com/25/05/45298158/warner-bros-stock-falls-as-weak-studio-ad-sales-weigh-on-q1-despite-streaming-gains" target="_blank" rel="noreferrer noopener">fiscal first-quarter</a> results on Thursday. The company&nbsp;reported&nbsp;a quarterly revenue&nbsp;decline of 9% ex-FX to $8.98 billion, missing the&nbsp;analyst consensus estimate of&nbsp;$9.60 billion.&nbsp;The EPS loss of 18 cents missed the&nbsp;analyst consensus loss estimate&nbsp;of 11 cents.
Also Read: <a href="https://www.benzinga.com/25/05/45208754/fubotvs-strong-q1-margins-and-subscriber-growth-drive-analysts-confidence-despite-ad-revenue-decline" target="_blank" rel="noreferrer noopener">FuboTV&#8217;s Margin Gains, NFL Bundle Plan Keep Analyst Bullish Despite Subscriber Dip</a>
Wall Street analysts rerated the stock.
Needham analyst Laura Martin <a href="https://www.benzinga.com/quote/WBD/analyst-ratings" target="_blank" rel="noreferrer noopener">maintained a Hold</a> rating on Warner Bros.
Goldman Sachs analyst Michael Ng had a Neutral rating on Warner Bros. with a price target of $10.50, down from $10.75.
Needham: Warner Bros. highlighted continued streaming momentum with 5.3 million net global subscriber additions in the quarter, $339 million in adjusted EBITDA and reaffirmed guidance of $1.3 billion in streaming adjusted EBITDA for fiscal 2025.
Management focused on premium IP and high-quality content, particularly from HBO and Warner Bros., as the core growth engine while downplaying long-term reliance on sports rights. 
The company believes the internal reorganization, announced in December 2024, provides clearer visibility into business lines and creates structural optionality. 
Despite macro uncertainty, management said ad trends remain stable with a strong scatter, though upfronts may start slowly. ARPU growth is expected via global expansion of ad tiers, password-sharing crackdowns, sports upsells and bundling efforts. 
Management noted the Studios division is on track to regain $3 billion+ in EBITDA with a slate backed by DC, Harry Potter, and third-party sales. At the same time, the NBA rights exit in 2026 is expected to deliver significant cost savings and margin expansion.
Martin projected negative revenue and adjusted EBITDA growth in fiscal 2025 and 1% growth in each category for fiscal 2026. The analyst liked Warner Bros. more as an investment idea when it can report mid-single-digit (or higher) revenue growth with expanding margins. 
Until then, she feared that negative catalysts are more likely than positive catalysts for Warner Bros. shares. Strategically, the analyst worried that Warner Bros. is too small to compete and that the gap is widening.
Martin projected second-quarter revenue of $9.54 billion and EPS of $(0.21).
Goldman Sachs:&nbsp;&nbsp;The results were overshadowed by a report that Warner Bros. was potentially pursuing a split-up between its Linear Networks and Streaming &amp; Studios businesses. 
Key themes emerging from the quarter include Linear Networks U.S. affiliate fees, which declined 7%, while advertising fell 12%, beating expectations of strong ratings and more sports inventory. DTC EBITDA beat on operating expenditure and net adds. Still, ARPU declined on international and wholesale/ad-supported mix shift headwinds, and Studios EBITDA should grow significantly, driven partly by a licensing deal to Streaming in the second quarter.
Ng projected second-quarter revenue of $9.97 billion and EPS of $(0.40).
WBD Price Action:&nbsp;WBD stock is up 1.16% at $9.11 at&nbsp;publication on Friday.
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Entertainment

Warner Bros' Streaming Growth, Cost Cuts Highlighted, Analysts Stay Cautious

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) has emerged as the brightest star of the S&amp;P 500 over the past year, but its meteoric rise — up 440% in twelve months and 53% year-to-date through May 9 — is now confronting a valuation wall that even the hardest bulls <a href="https://www.benzinga.com/topic/expert-ideas">are struggling to justify.</a>
<h3 class="wp-block-heading">Is Palantir Trading At Bubble-Like Valuations: How High Is Too High?</h3>
With shares closing at $115 on Friday and peaking at a record $125 this week, Palantir is now trading at 500 times trailing twelve-month earnings, an outlier among all companies in the S&amp;P 500 and Nasdaq 100. 
That's nearly triple the valuation of most AI-linked stocks and more than 14 times higher than tech heavyweights like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), which trade at price-to-earnings ratios of 37x and 32x, respectively.
While many would argue that Palantir is a bet on the future rather than the past, even when factoring in projected earnings, the valuation picture remains extreme.
Palantir trades 190 times forward earnings, raising red flags that the price has disconnected from even the most optimistic projections.
<h3 class="wp-block-heading">Most Expensive S&amp;P 500 Stocks By Trailing P/E</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>P/E (Last Twelve Months)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Palantir Technologies Inc.</td>
<td>484.6x</td>
</tr>
<tr>
<td>Dayforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAY#NYSE">DAY</a>)</td>
<td>343.5x</td>
</tr>
<tr>
<td>CoStar Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>)</td>
<td>257.3x</td>
</tr>
<tr>
<td>DoorDash Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>)</td>
<td>227.6x</td>
</tr>
<tr>
<td>Iron Mountain Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRM#NYSE">IRM</a>)</td>
<td>227.2x</td>
</tr>
<tr>
<td>Ventas Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTR#NYSE">VTR</a>)</td>
<td>194.0x</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>164.7x</td>
</tr>
<tr>
<td>Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>)</td>
<td>158.1x</td>
</tr>
<tr>
<td>Digital Realty Trust Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>)</td>
<td>148.7x</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Most Expensive S&amp;P 500 Stocks By Forward P/E</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company Name</th>
<th>P/E (Next Twelve Months)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Palantir Technologies Inc.</td>
<td>189.2x</td>
</tr>
<tr>
<td>Ventas Inc. </td>
<td>149.8x</td>
</tr>
<tr>
<td>Tesla Inc. </td>
<td>140.8x</td>
</tr>
<tr>
<td>Digital Realty Trust Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>)</td>
<td>138.3x</td>
</tr>
<tr>
<td>CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)</td>
<td>118.4x</td>
</tr>
<tr>
<td>Axon Enterprise Inc. </td>
<td>110.6x</td>
</tr>
<tr>
<td>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>92.4x</td>
</tr>
<tr>
<td>Welltower Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WELL#NYSE">WELL</a>)</td>
<td>86.0x</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">The Bullish Case Still Has A Pulse</h3>
Despite this, investor enthusiasm remains sky-high. The company's ability to secure lucrative defense contracts and its reputation as an artificial intelligence leader has driven continued demand for the stock, even during broader market corrections.
Palantir notably held its ground during the April selloff triggered by the Donald Trump&#8216;s tariff escalation, never breaching its 200-day moving average.
Larry Tentarelli, Chief Technical Strategist at Blue Chip Daily Trend Report, said Palantir &#8220;remains our top-ranked technology sector stock,&#8221; citing its technical strength and AI leadership.
Tentarelli said the recent earnings quarter confirmed their view and suggested any consolidation in the $100–$110 range could offer a new buying opportunity. &#8220;We view this stock as a buy here or on pullbacks,&#8221; he said.
His firm maintains a long position and sees Palantir as dominant in its niche government and commercial AI applications.
<h3 class="wp-block-heading">Palantir&#8217;s Analyst Consensus: Caution Ahead</h3>
Out of 25 accredited analysts covering the stock, only one rates it a &#8216;Strong Buy&#8217; and just three rate it &#8216;Buy&#8217;. The overwhelming consensus is to &#8216;Hold&#8217;, with the median price target 18% below current levels.
Goldman Sachs&#8217; analyst Gabriela Borges, CFA maintained a &#8216;Neutral&#8217; rating this week and raised her 12-month price target to $90, still 22% below the current price.
&#8220;Our positive view of Palantir&#8217;s growth is balanced by longer-term ecosystem risks – the industry moving from peak custom to more off-the-shelf adoption – and the stock&#8217;s premium valuation,&#8221; Borges said.
She highlighted Palantir&#8217;s enterprise value-to-sales multiple at 81x, far exceeding the sector average of 12x, and its growth-adjusted EV/sales ratio (the so-called Rule of 40) at 0.97x, compared to just 0.28x for comparable software companies growing 20% or more.
While fundamentals are struggling to keep pace with price momentum, Palantir's rally shows no immediate signs of collapse. Still, unless earnings growth or profitability scales up dramatically, the company may be heading toward a painful reckoning. Read now: 
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Photo: Shutterstock

Equities

Tech

AXON

CRWD

CSGP

DASH

INTC

MSFT

NVDA

PLTR

TSLA

WELL

Palantir's Gravity-Defying Rally Faces Reckoning As Valuation Reaches Danger Zone

<h2 class="wp-block-heading">New On The Block</h2>
Nestlé (SWX: NESN) is trying to offload its premium bottled water biz—including Perrier and S.Pellegrino—for a thirst-quenching 5 billion euros ($5.6 billion), and it's tapped Rothschild to play matchmaker. Reuters, which broke the news, reports that Nestle wants to keep a stake. 
The move comes amid some political backwash in France. Authorities just <a href="https://www.lemonde.fr/en/france/article/2025/05/08/perrier-ordered-to-remove-water-filters_6741040_7.html">told</a> Nestlé to yank microfilters from two Perrier plants, raising eyebrows and maybe a few pH levels. 
Enter One Rock Partners. The firm, which previously helped extract Poland Springs from Nestlé in 2021 and now owns Primo Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRMB#NYSE">PRMB</a>), is expected to make an offer. 
The deal comes as water scarcity intensifies globally. According <a href="https://www.worldwildlife.org/stories/water-scarcity-8-facts-you-need-to-know">to</a> the World Wildlife Fund, over 2 billion people lack safe drinking water. Some projections show up to 2.4 billion facing urban shortages by 2050.
Other companies up for sale include:
<ul class="wp-block-list">
<li>Hellman &amp; Friedman has kicked off a sale process for Enverus, a Texas-based energy software firm. The deal is expected to fetch around $6 billion. The private equity firm is working with Citi on the sale, which Reuters reports has drawn interest from both other PE firms and strategic buyers.</li>
</ul>
<ul class="wp-block-list">
<li>Speedcast is exploring a sale of its ground stations business. The transaction price could exceed $1 billion, according <a href="https://www.bloomberg.com/news/articles/2025-05-08/speedcast-is-said-to-mull-breakup-sale-of-ground-stations-unit?srnd=phx-deals&amp;sref=TBDibEcD">to</a> Bloomberg. Backed by Centerbridge Partners, the Houston-based satellite communications firm is working with an adviser and plans to run three separate auctions covering its services, infrastructure, and government-focused units. Speedcast's ground stations enable it to deliver internet via satellite to clients like cruise lines and maritime shippers across its five business segments.</li>
</ul>
<ul class="wp-block-list">
<li>UBS Group AG is in talks to sell its hedge fund unit, O'Connor, to Cantor Fitzgerald LP, after over 30 years of ownership. The deal may include a revenue-sharing agreement, allowing UBS to receive a portion of future proceeds, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-05-08/ubs-in-talks-to-sell-hedge-fund-o-connor-to-cantor-fitzgerald?sref=TBDibEcD">reported</a>. This move comes as UBS looks to shed riskier assets in light of stricter Swiss regulations that could require up to $25 billion in additional capital. O'Connor, originally a Chicago-based derivatives firm acquired in 1992, had $16.5 billion in regulatory assets under management as of December.</li>
</ul>
<h2 class="wp-block-heading">Updates From The Block</h2>
<ul class="wp-block-list">
<li>OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool, for about $3 billion, according <a href="https://www.bloomberg.com/news/articles/2025-05-06/openai-reaches-agreement-to-buy-startup-windsurf-for-3-billion?sref=TBDibEcD">to</a> Bloomberg. The deal hasn't closed yet. If successful, it positions OpenAI to better compete in the growing market for AI-powered coding assistants, where rivals like Anthropic, GitHub, and newer startups like Anysphere are gaining traction. Windsurf, also known as Exafunction Inc. and previously as Codeium, was recently valued at <a href="https://www.benzinga.com/25/05/45224667/microsoft-backed-openai-buys-windsurf-for-3-billion-to-strengthen-ai-coding-power">$3 billion</a>. </li>
</ul>
<ul class="wp-block-list">
<li>VivoPower International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VVPR#NASDAQ">VVPR</a>) announced that Energi Holdings has completed the first phase of due diligence for its proposed $180 million takeover. Energi, a global energy firm based in Abu Dhabi with $1 billion in annual revenue, will now move to an accelerated second phase focused on regulatory matters. Folks involved expect the deal to conclude by June 2.</li>
</ul>
<ul class="wp-block-list">
<li>Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) is <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45287050/coinbase-acquires-deribit-in-2-9b-deal-to-expand-crypto-derivatives-business">acquiring crypto options exchange</a> Deribit in a $2.9 billion cash-and-stock deal, aiming to become the largest crypto derivatives platform by open interest and volume. The deal includes $700 million in cash and 11 million Coinbase Class A shares. It&#8217;s expected to close by year-end pending regulatory approval. Deribit processes over $1 trillion in annual trading volume and has $30 billion in open interest, mainly from institutional clients. This is the latest in a string of acquisitions by Coinbase. It follows past purchases like Xapo (custody), Tagomi (prime brokerage), FairX (futures exchange), and One River Digital (asset management).</li>
</ul>
<ul class="wp-block-list">
<li>Pershing Square's&nbsp;Bill Ackman&nbsp;wants to turn Howard Hughes Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HHH#NYSE">HHH</a>) into a <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43799342/bill-ackman-following-warren-buffett-hedge-funder-promises-modern-day-berkshire-hathaway-with-latest-transaction">&#8220;modern-day Berkshire Hathaway.&#8221;</a> Pershing Square announced plans to invest $900 million in real estate company Howard Hughes on Monday. Ackman&#8217;s firm will purchase 9 million shares for $100 each, representing a stake of 46.9%. The investment will allow Howard Hughes to acquire controlling stakes in &#8220;high-quality&#8221; public and private operating companies, while continuing to invest in its <a href="https://www.benzinga.com/25/05/45199902/bill-ackman-strikes-deal-to-form-mini-version-of-berkshire-hathaway-a-free-money-generating-company-he-wouldnt-bet-against">real estate development business</a>.</li>
</ul>
<h2 class="wp-block-heading">Off The Block</h2>
<ul class="wp-block-list">
<li>WhiteHawk Income Corp. will acquire PHX Minerals Inc. in a deal that values PHX at about $187 million including debt. The acquisition adds 1.8 million gross unit acres of natural gas mineral and royalty assets to WhiteHawk. It also enters the SCOOP/STACK region in Oklahoma.</li>
</ul>
<ul class="wp-block-list">
<li>FiscalNote Holdings Inc. agreed<a href="https://www.benzinga.com/pressreleases/25/05/b45190351/fiscalnote-signs-definitive-agreement-to-divest-additional-non-core-asset-to-further-streamline-co" target="_blank" rel="noreferrer noopener"> to sell</a> its Australian subsidiary, TimeBase, to Thomson Reuters Corporation FiscalNote acquired TimeBase in 2021, bringing Australian legislative data services to its portfolio for legal professionals. Operating largely apart from FiscalNote&#8217;s core customer base, TimeBase contributed just $1.3 million to the company&#8217;s $120.3 million in 2024 GAAP revenue. The divestiture is part of FiscalNote&#8217;s effort to streamline operations, reduce debt, and refocus on its core strengths—particularly the enhanced PolicyNote platform, which will continue serving clients in the Australian market. Proceeds from the sale will be used to pay down the <a href="https://www.benzinga.com/25/05/45197222/fiscalnote-sells-timebase-to-thomson-reuters-for-65m-as-it-sharpens-focus-and-reaffirms-2025-outlook">company&#8217;s senior-term loan</a>.</li>
</ul>
<ul class="wp-block-list">
<li>Sunoco LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUN#NYSE">SUN</a>) agreed to acquire Parkland Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PKIUF#OTC">PKIUF</a>) in a deal valued at approximately $9.1 billion, including debt. The transaction, announced Monday, <a href="https://www.benzinga.com/pressreleases/25/05/n45190343/sunoco-lp-to-acquire-parkland-corporation-in-transaction-valued-at-9-1-billion">involves a mix of cash and equity </a>and will create a new entity called Sunoco LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUN#NYSE">SUN</a>) shares are <a href="https://www.benzinga.com/premarket">trading lower</a> on Monday after the company agreed to acquire Parkland Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PKIUF#OTC">PKIUF</a>) in a deal valued at approximately $9.1 billion, including debt. SUNCorp, LLC. Parkland operates as a major fuel distributor and convenience retailer across 26 countries in the Americas. With around 4,000 locations, it serves both consumers and businesses with fuel and energy solutions, including renewables, EV charging, and <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45194533/sunoco-fuels-up-with-9-1b-parkland-deal-eyes-10-cash-flow-bump">carbon credit options</a>.</li>
</ul>
<h2 class="wp-block-heading">Bankruptcy Block</h2>
WW International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WW#NASDAQ">WW</a>) just put its financial strategy on a strict plan of its own. The company, known as WeightWatchers, announced a "pre-packaged" Chapter 11 reorganization that will eliminate a chunky $1.15 billion in debt. The goal? To slim down its liabilities and sprint toward long-term growth—no crash diets involved.
WeightWatchers insists it's business as usual. Members won't notice a thing—no plan changes or vanishing telehealth sessions. The company's holistic model (including doctor-recommended programs and prescription support) stays fully operational during the reorganization.
Backed by 72% of its lenders, the 62-year-old brand expects a speedy exit planned in about 45 days—faster than most people's post-holiday detox.
CEO Tara Comonte says this financial cleanse is all about building muscle for innovation, with a focus on digital upgrades and expanding their fast-growing telehealth biz (which bulked up by 57% in Q1 2025 alone). 
Weight loss drugs like Ozempic and Wegovy, both from Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>), likely disrupted WeightWatchers&#8217; traditional business model.
<a href="https://www.benzinga.com/ma/25/05/45177095/deal-dispatch-chef-boyardee-crumbl-buyers-bankruptcies">For last week&#8217;s edition of Deal Dispatch, click here</a>.

COIN

PKIUF

PRMB

VVPR

Deal Dispatch: Nestlé, Coinbase, OpenAI Lead Diverse M&A Lineup As WeightWatchers Goes Bankrupt

Citizens analyst Trevor Walsh reiterated the Market Perform rating on Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) <a href="https://www.benzinga.com/quote/RKLB/analyst-ratings" target="_blank" rel="noreferrer noopener">on Friday.</a>
On Thursday, the company&nbsp;reported financial results for the first quarter, with revenues of $122.57 million, beating the&nbsp;consensus<a target="_blank" href="https://www.benzinga.com/general/space/25/05/45301984/rocket-lab-q1-earnings-revenue-beat-eps-beat-planned-neutron-launch-for-us-air-force-another-strong-quarter-ahead" rel="noreferrer noopener"> estimate of $121.38 million. </a>The company reported a first-quarter loss of 12 cents per share, beating analyst estimates for a loss of 13 cents per share.
Walsh noted that while quarterly losses narrowed sequentially by $6.8 million, the reported figure came in ahead of the consensus estimate, driven by two main factors.
Also Read:<a target="_blank" href="https://www.benzinga.com/content/45012021/rocket-lab-lands-new-contract-builds-momentum-ahead-of-earnings" rel="noreferrer noopener"> Rocket Lab Lands New Contract, Builds Momentum Ahead of Earnings</a>
First, a decline in revenue per launch to $7.1 million from $8.2 million in F1Q24 resulted in reduced launch services income.
At the same time, research and development expenses increased as the company scaled manufacturing and production capacity in preparation for the Neutron rocket launch.
On pricing, Walsh said the company is intentionally offering volume-based discounts to secure long-term launch contracts, leading to a lower average selling price in the quarter.
However, he added that the backlog for the second half of 2025 points to an uptick in launch frequency and ASPs, driven by higher-value HASTE and mission assurance launches.
As a further boost to Neutron's commercial traction, Walsh highlighted a new agreement with the U.S. Air Force Research Laboratory for a rocket cargo mission, which, according to Founder and CEO Sir Peter Beck, reflects growing Department of Defense confidence in Neutron's capabilities.
Analyst Walsh raised the firm&#8217;s fiscal 2025 non-GAAP EPS estimate to ($0.20), up from the previous projection of ($0.24) and above the consensus expectation of ($0.25), citing anticipated revenue growth of 33% for the year.
For fiscal 2026, Walsh maintained the non-GAAP EPS estimate at $0.02, which remains slightly ahead of the Street&#8217;s forecast of $0.01, driven by expected revenue growth of 50%.
Price Action: RKLB shares are trading lower by 9.9% to $20.80 at last check Friday.
Read Next:
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Photo: Emagnetic/Shutterstock

Movers

General

RKLB

Rocket Lab's New Defense Deal, 2025 Forecast Win Analyst Support

<a href="https://x.com/rogoswami/status/1920919508702658725" title="https://x.com/rogoswami/status/1920919508702658725">https://x.com/rogoswami/status/1920919508702658725</a>

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Global

Economics

Semafor's Rohan Goswami Posts On X "Nippon's Takahiro Mori headed to Washington next week for meetings with administration officials on US Steel merger $X, followed by a trip to PA, sources say. Deal is pushing up against CFIUS and merger agmt deadline (May/June respectively)"

WIIM

MBIA shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results.

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating on Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) on Friday, <a href="https://www.benzinga.com/quote/PINS/analyst-ratings" target="_blank" rel="noreferrer noopener">raising the price forecast from $40 to $42.</a>
On Thursday, Pinterest reported first-quarter revenue of $855 million, beating&nbsp;<a target="_blank" href="http://benzinga.com/quote/pins/earnings" rel="noreferrer noopener">estimates</a> of $846.59 million.
The idea discovery platform company reported first-quarter adjusted earnings of 23 cents per share, missing analyst estimates of 26 cents per share.
Sheridan characterized Pinterest&#8217;s first quarter results as strong overall, emphasizing several encouraging trends.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45319375/insulet-posts-upbeat-earnings-joins-trade-desk-transmedics-group-tesla-and-other-big-stocks-moving-higher-on-friday" rel="noreferrer noopener">Insulet Posts Upbeat Earnings, Joins Trade Desk, TransMedics Group, Tesla And Other Big Stocks Moving Higher On Friday</a>
The analyst pointed to revenue growth that exceeded the high end of guidance, attributing this strength to the platform&#8217;s effective full-funnel strategy and increasing traction with its Performance+ ad suite. Sheridan also noted the continued improvement in adjusted EBITDA margins, building on momentum established during the company&#8217;s Investor Day, which took place 18 months ago.
Management described the advertising environment as generally healthy, while acknowledging a shift in consumer behavior toward more thoughtful spending — a dynamic that could benefit Pinterest as users seek inspiration for intentional purchases.
Sheridan highlighted that Pinterest reiterated its capital allocation strategy, with approximately $1.7 billion, or about 8% of its market cap, still authorized for repurchases.
Although near-term focus may remain on the broader macroeconomic backdrop and how it could affect ad spend, Sheridan wrote that Pinterest&#8217;s leadership continues to drive operational consistency in line with its long-term vision.
The analyst underscored the company&#8217;s ongoing focus on product and platform innovation, including efforts to scale monetization through shoppable content, performance-based advertising, and strategic partnerships.
For the second quarter of FY25, Sheridan now expects revenue to reach $972 million, up from the prior estimate of $941 million, with adjusted EBITDA projected at $230 million versus the previous $217 million. He also raised his GAAP EPS forecast for the quarter to 5 cents, up from 4 cents. Looking at full-year FY2025, Sheridan revised revenue expectations upward to $4.12 billion from $4.02 billion, while adjusted EBITDA is now forecasted at $1.21 billion, up from $1.14 billion.
PINS Price Action: Pinterest shares are trading higher by 5.92% to $29.51 at last check on Friday.
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Photo: Pinterest

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PINS

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FARM

Farmer Brothers shares are trading lower after the company reported worse-than-expected Q3 financial results.

Standard Lithium shares are trading higher after the company reported a year-over-year increase in Q3 EPS results.

<a href="https://www.nytimes.com/2025/05/09/climate/trump-draft-nuclear-executive-orders.html" title="https://www.nytimes.com/2025/05/09/climate/trump-draft-nuclear-executive-orders.html">https://www.nytimes.com/2025/05/09/climate/trump-draft-nuclear-executive-orders.html</a>

OKLO

'Draft Executive Orders Aim To Speed Construction Of Nuclear Plants; The Potential Actions Could Include Overhauling The Nuclear Regulatory Commission And Leaning On The U.S. Military To Deploy New Reactors' - NY Times

KLXE

KLX Energy Services shares are trading lower after the company reporter worse-than-expected Q1 financial results

FNKO

Funko shares are trading lower after the company reported worse-than-expected Q1 sales results. DA Davidson lowered its price target on the stock from $13 to $7.

The Oncology Institute, Inc.
27,924,611 Shares
Common Stock
Offered by the Selling Securityholders
&nbsp;
This prospectus relates to the resale from time to time of up to an aggregate of 27,924,611 shares of our common stock, $0.0001 par value per share, or our common stock, by the selling securityholders identified in this prospectus, or collectively with any donees, pledgees, assignees, transferees or other successors-in-interest, the Selling Securityholders, consisting of (v) 12,006,510 shares of our common stock presently issued and outstanding, (x) 2,886,614 shares of our common stock issuable upon the exercise of outstanding pre-funded warrants to purchase shares of our common stock held by certain Selling Securityholders, or the Pre-Funded Warrants, (y) 9,308,204 shares of our common stock issuable upon the exercise of outstanding common warrants to purchase shares of our common stock held by certain Selling Securityholders, or the Common Warrants, and, together with the Pre-Funded Warrants, the Warrants, and (z) 3,723,283 shares of our common stock issuable upon the conversion of shares of our Series A Common Equivalent Convertible Preferred Stock, or the Series A Preferred Stock, upon the satisfaction of specified conditions set forth in the agreements pursuant to which the common stock, Prefunded Warrants and Common Warrants offered hereby were issued. The Warrants may be exercised in whole or in part at the discretion of the holder, subject to the limitations set forth therein. This prospectus provides you with a general description of the securities.

Offerings

The Oncology Institute Files Prospectus For The ~Resale Of Up To 27.92M Shares Of Common Stock By Selling Securityholders

KINS

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

OWLT

Owlet shares are trading higher after the company reported better-than-expected Q1 adjusted EPS results.

Press Releases

Lightpath Enters Phoenix Market with New AI-Grade Fiber Network

Altice USA to Present at the 2025 Morgan Stanley Technology, Media & Telecom Conference

Lightpath Acquires WANRack's Phoenix Business

Altice USA to Present at the 2025 New Street Research and BCG Future of Connectivity Leaders Conference

Lightpath Enters Columbus with AI-Grade Network

Altice USA to Hold Conference Call to Discuss Q1 2025 Results

Optimum and Google Cloud Collaborate to Transform Optimum's Customer Experience with AI Innovation

Lightpath Expands Miami Network, Connecting New Cable Landing Station

Altice USA Reports First Quarter 2025 Results

Optimum Announces New Bundling Collaboration, Bringing Customers Streamlined Access to Disney+, Hulu Bundle Basic

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