Ultime notizie per BTCS (NASDAQ:BTCS) Azioni

BTCS

BTCS Inc is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using Digital Assets, including bitcoin. The company focuses on blockchain and Digital Asset ecosystems. The firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, has designed a beta secure digital currency storage solution BTCS Wallet.

BTCS Inc

Bitcoin Standard Hashrate Token

Former President Donald Trump has reiterated his commitment to imposing tariffs on cars imported from China and Mexico, aiming to protect American automotive jobs.
What Happened: During an interview with Patrick Bet-David released on Thursday, Trump emphasized the critical role these tariffs would play in safeguarding the U.S. auto industry.
&#8220;I hope the union workers, auto workers understand that I saved their jobs,&#8221; he said.
Trump highlighted a massive car manufacturing plant in Mexico, which he described as potentially one of the largest in the world. He expressed concerns that vehicles from this plant could inundate the U.S. market, leaving little room for American-made cars.
&#8220;That would mean that our car industry is wiped out,&#8221; Trump said.
See Also: <a href="https://www.benzinga.com/news/24/10/41328039/as-elon-musk-unveils-cybercab-uber-ceo-weighs-in-on-robotaxi-competiton-from-waymo-tesla-dont-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">As Elon Musk Unveils Cybercab, Uber CEO Weighs In On Robotaxi Competiton From Waymo, Tesla: &#8216;Don&#8217;t Think This Is Going To Be A Winner-Take-All Marketplace&#8217;</a>
Why It Matters: In September, Trump <a href="https://www.benzinga.com/news/24/09/40913456/trump-vows-200-tariffs-on-chinese-made-cars-in-mexico-warns-of-us-auto-industry-collapse-if-kamala-h">proposed a 200% tariff</a> on vehicles produced by alleged Chinese factories in Mexico, as reported in a town hall event in Flint, Michigan. He warned that if Vice President Kamala Harris were elected, the U.S. auto industry could collapse within two to three years due to electric vehicle production shifting to China.
Additionally, during a <a href="https://www.benzinga.com/general/politics/24/10/41279272/donald-trump-pushes-tariffs-on-chinese-cars-in-detroit-visit-vows-to-revamp-industry">visit to the Detroit Economic Club</a> in October, Trump reiterated his commitment to tariffs on Chinese cars, vowing to revamp the industry. He also commented on economic indicators, although some of his statements on inflation and interest rates were inaccurate.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41369986/lucid-stock-is-tumbling-wednesday-whats-driving-the-action?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Lucid Stock Is Tumbling Wednesday: What&#8217;s Driving The Action?</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Wikimedia Commons

News

General

Trump Defends His Plans To Impose 200% Tariffs On Cars Imported From China, Mexico: 'Hope Union Workers Understand That I Saved Their Jobs'

Amid ongoing global economic recovery efforts, Kristalina Georgieva, Managing Director of the International Monetary Fund, has issued a cautionary note regarding persistent challenges such as high debt and low growth. Her remarks come as the U.S. and EU implement rate cuts to tackle inflation.
What Happened: Georgieva highlighted that despite progress, governments are increasingly reliant on borrowing, which, coupled with &#8220;anemic growth,&#8221; complicates debt management. She praised central banks for their inflation control efforts but noted uneven benefits across regions, with some still facing high prices and related unrest, CNBC <a href="https://www.cnbc.com/2024/10/17/imf-chief-warns-low-growth-and-high-debt-weigh-on-global-economy.html">reported</a> on Friday.
"It's not yet time to celebrate," she said.
"When we look into the challenges ahead of us, the biggest one is low growth, high debt. This is where we can and must do better.&#8221;
Georgieva&#8217;s comments precede the 2024 annual meetings of the IMF and World Bank Group in Washington, D.C., where global economic issues will be discussed. She also pointed out that international trade is no longer the &#8220;engine of growth&#8221; it once was, citing restrictive policies and <a href="https://www.benzinga.com/news/24/09/40914629/china-warns-eu-tariffs-on-evs-will-harm-trade-with-germany">U.S.-EU tariffs against China</a> as potential risks. Additionally, she expressed concern over geopolitical tensions, particularly in the Middle East, affecting global financial stability.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Financial Sector Hits Record Highs As Goldman Sachs, Bank of America, Citi Beat Q3 Earnings Expectations</a>
Why It Matters: Georgieva&#8217;s comment arrived a day after the European Central Bank (ECB) <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41382372/ecb-slashes-rates-again-will-jerome-powell-take-this-as-cue-for-another-fed-rate-"> cut interest rates</a> for the third time this year to stimulate a sluggish economy, shifting focus from inflation control to economic growth. This move follows the Federal Reserve&#8217;s 50 basis point rate cut in September, marking a significant policy shift as both regions tackle economic challenges.
Meanwhile, the U.S. faces a staggering debt situation, with estimates suggesting a<a href="https://www.benzinga.com/economics/macro-economic-events/24/08/40368118/true-us-debt-is-175-trillion-former-coinbase-cto-on-unpayable-crisis"> true national debt </a>of $175 trillion when accounting for entitlements like Social Security and Medicare. This escalating debt underscores the urgency of addressing fiscal challenges.
In China, the government is reportedly considering issuing $850 billion in<a href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco"> special treasury bonds</a> to stimulate its slowing economy and manage local debt. These developments highlight the global nature of economic challenges and the varied approaches being taken to address them.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41372368/mark-cuban-battles-former-trump-advisor-for-suggesting-a-child-could-do-american-auto-workers-job-pa?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Battles Former Trump Advisor Over Ex-President&#8217;s Comments On American Auto Workers: &#8216;He Still &nbsp;Thinks It&#8217;s 1965&#8217; (UPDATED)</a></li>
</ul>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Macro Economic Events

Global

Economics

As US Tackles Inflation With Rate Cuts, IMF MD Sounds Alarm: 'Not Yet Time To Celebrate' Amid Looming Low Growth, High Debt

The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) will release earnings results for its first quarter, before the <a href="https://www.benzinga.com/quote/PG/earnings">opening bell on Friday, Oct. 18.</a>
Analysts expect the Cincinnati, Ohio-based bank to report quarterly earnings at $1.90 per share, up from $1.83 per share in the year-ago period. Procter &amp; Gamble projects to report revenue of $21.91 billion for the recent quarter, compared to $19.78 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On July 30, Procter &amp; Gamble reported fourth-quarter FY24 sales of $20.53 billion (flat Y/Y), missing the analyst consensus estimate of $20.74 billion.
Procter &amp; Gamble shares fell 0.1% to close at $172.28 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5890a92043eaaa0001d69b01/linda-bolton%20weiser">DA Davidson analyst Linda Bolton Weiser</a> maintained a Neutral rating with a price target of $159 on Oct. 15. This analyst has an accuracy rate of 61%.</li>
<li>Barclays analyst Lauren Lieberman downgraded the stock from Overweight to Equal-Weight with a price target of $163 on Sept. 30. This analyst has an accuracy rate of 63%.</li>
<li>JP Morgan analyst Andrea Teixeira maintained an Overweight rating and increased the price target from $179 to $186 on Sept. 19. This analyst has an accuracy rate of 61%.</li>
<li>TD Cowen analyst Robert Moskow initiated coverage on the stock with a Buy rating and a price target of $189 on July 23. This analyst has an accuracy rate of 65%.</li>
<li>Stifel analyst Mark Astrachan maintained a Hold rating and raised the price target from $157 to $161 on July 22. This analyst has an accuracy rate of 78%.</li>
</ul>
Considering buying PG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="482" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-1024x482.png" alt="" class="wp-image-602127" style="width:665px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-1024x482.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-300x141.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-768x362.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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</ul>

Earnings

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

Procter & Gamble Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Philip Morris International Inc. (PMI) has been informed by its deconsolidated Canadian affiliate, Rothmans,Benson &amp; Hedges Inc. (RBH), that the court-appointed mediator and monitor in RBH's Companies' Creditors Arrangement Act (CCAA) proceeding filed a proposed plan of compromise and arrangement (Proposed Plan) outlining certain terms of a comprehensive resolution of tobacco product-related claims and litigation in Canada against RBH and its affiliates. The court-appointed mediator and monitors also filed substantially similar proposed plans for Imperial Tobacco Canada Limited and Imperial Tobacco Company Limited (together, ITL) and JTI-Macdonald Corp. (JTIM).
Under the Proposed Plan, if ultimately approved and implemented, RBH, ITL and JTIM (the Companies) would pay an aggregate settlement amount of CAD 32.5 billion (approximately USD 23.5 billion). This amount would be funded by an upfront payment equal to the Companies' cash and cash equivalents on hand in Canada plus certain court deposits (subject to an aggregate withholding of CAD 750 million (approximately USD 540 million) for working capital inclusive of cash pledged as collateral) and annual payments based on a percentage of the Companies' net income after taxes (excluding that generated by certain non-combustible products including heat-not-burn, e-vapor and nicotine pouch products) until the aggregate settlement amount is paid. As stated in the Proposed Plan, the issue of allocation of the CAD 32.5 billion aggregate settlement as between the Companies in the CCAA proceedings remains unresolved.
"After years of mediation, we welcome this important step towards the resolution of long-pending tobacco product-related litigation in Canada," said Jacek Olczak, Chief Executive Officer of PMI. "Although important issues with the plan remain to be resolved, we are hopeful that this legal process will soon conclude, allowing RBH and its stakeholders to focus on the future."

Legal

Philip Morris, Imperial Tobacco, JTI-Macdonald Face $23.5B Settlement in Canada Tobacco Lawsuits

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cloudflare.com%2F&amp;esheet=54138023&amp;newsitemid=20241018840279&amp;lan=en-US&amp;anchor=Cloudflare%2C+Inc.&amp;index=1&amp;md5=3e1a02702fd6e8744473a752dd19c5f5">Cloudflare, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>), the leading connectivity cloud company, today announced the opening of a new headquarters and technical hub in Lisbon, Portugal to further support its growing EMEA operations and offices in London, Paris, Munich, and Dubai. Portugal already represents a growing Cloudflare team.
Today, Cloudflare's network currently spans 58 cities in Europe, including Lisbon, Portugal, which was announced in <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fblog.cloudflare.com%2Famsterdam-to-zhuzhou-cloudflare-global-network%2F&amp;esheet=54138023&amp;newsitemid=20241018840279&amp;lan=en-US&amp;anchor=2016&amp;index=2&amp;md5=89c437ed99560575fd137ba7cd354fa5">2016</a>. Cloudflare announced its first office in Lisbon in 2019. Since establishing an office in the region, the company has grown from 14 employees to more than 350 in Portugal. Cloudflare plans to significantly increase its presence in Lisbon over the coming years.
Cloudflare celebrated the official opening of its new office with a ribbon cutting ceremony, followed by a reception attended by Portugal's Minister of Economy, Mr. Pedro Reis, along with other Portuguese officials. Top Cloudflare executives were also in attendance, including Cloudflare co-founder and CEO Matthew Prince, and John Graham-Cumming, CTO &amp; Head of the Lisbon office, which he opened in July 2019.

Government

Regulations

Cloudflare Expands European Operations With New Lisbon Headquarters, Plans Major Workforce Growth

Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) will release earnings results for its third quarter, before the<a href="https://www.benzinga.com/quote/SLB/earnings"> opening bell on Friday, Oct. 18.</a>
Analysts expect the Buffalo, New York-based company to report quarterly earnings at 88 cents per share, up from 71 cents per share in the year-ago period. SLB projects to report revenue of $9.25 billion for the quarter, compared to $7.58 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Thursday, SLB agreed to sell its interests in Palliser Block.
SLB shares gained 0.7% to close at $43.99 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/SLB/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/580874cb846faa000106ac9d/david-anderson">Barclays analyst David Anderson</a> maintained an Overweight rating and cut the price target from $67 to $63 on Oct. 16. This analyst has an accuracy rate of 63%.</li>
<li>Stifel analyst Stephen Gengaro maintained a Buy rating and cut the price target from $65 to $62 on Oct. 11. This analyst has an accuracy rate of 60%.</li>
<li>BMO Capital analyst Philip Jungwirth maintained an Outperform rating and cut the price target from $60 to $58 on Oct. 10. This analyst has an accuracy rate of 61%.</li>
<li>JP Morgan analyst Arun Jayaram maintained an Overweight and cut the price target from $64 to $60 on Oct. 1. This analyst has an accuracy rate of 65%.</li>
<li>Morgan Stanley analyst Connor Lynagh maintained an Overweight rating and slashed the price target from $65 to $60 on Sept. 16. This analyst has an accuracy rate of 60%.</li>
</ul>
Considering buying SLB stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="511" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-1024x511.png" alt="" class="wp-image-602108" style="width:705px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-1024x511.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-768x383.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157.png 1338w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

SLB Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled mostly higher on Thursday, with the Dow Jones index climbing to a new record close following the release of economic data.
U.S. initial jobless claims fell by 19,000 in the week ending Oct. 12. U.S. retail sales rose 0.4% month-over-month in September compared to a 0.1% increase in August and higher than market estimates of a 0.3% rise. The Philadelphia Fed Manufacturing Index climbed to 10.3 in October compared to 1.7 in September and topping market estimates of 3.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) shares jumped around 9.8% on Thursday following better-than-expected third-quarter earnings and strong fourth-quarter guidance
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, communication services, and real estate stocks recording the biggest losses on Thursday. However, energy and information technology stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed higher by around 161 points to 43,239.05 on Thursday. The S&amp;P 500 slipped 0.02% to 5,841.47, while the Nasdaq Composite rose 0.04% at 18,373.61 during Thursday's session.
Investors are awaiting earnings results from American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), and Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 71.5, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 69.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41379749/abbvie-is-doing-very-well-but-jim-cramers-favorite-abbott-laboratories">AbbVie Is Doing &#8216;Very Well&#8217; But Jim Cramer&#8217;s Favorite? Abbott Laboratories</a></li>
</ul>
Photo courtesy: Shutterstock

TSMC, Strong Economic Data Push Dow To Fresh Record High: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) to report quarterly earnings at $3.28 per share on revenue of $16.67 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. American Express shares gained 1.8% to $290.91 in after-hours trading.</li>
<li>Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) reported stronger-than-expected third-quarter financial results, posting revenue of $9.825 billion, up 15% year-over-year, versus market estimates of $9.769 billion. The company ended the third quarter with 282.72 million global paid subscribers, up 14.4% year-over-year. Netflix shares climbed 5.1% to $722.35 in the after-hours trading session.</li>
<li>Analysts are expecting The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) to post quarterly earnings at $1.90 per share on revenue of $21.91 billion. The company will release earnings before the markets open. Procter &amp; Gamble shares gained 0.1% to $172.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Intuitive Surgical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) posted better-than-expected third-quarter financial results. The company also said it obtained regulatory clearance in South Korea for the da Vinci 5 surgical system in October. Intuitive Surgical shares climbed 6.1% to $502.80 in the after-hours trading session.</li>
<li>Analysts expect Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) to report quarterly earnings at 88 cents per share on revenue of $9.25 billion before the opening bell. SLB shares rose 0.4% to $44.16 in after-hours trading.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41379749/abbvie-is-doing-very-well-but-jim-cramers-favorite-abbott-laboratories">AbbVie Is Doing &#8216;Very Well&#8217; But Jim Cramer&#8217;s Favorite? Abbott Laboratories</a></li>
</ul>
Photo courtesy: Shutterstock

ISRG

NFLX

Netflix, American Express And 3 Stocks To Watch Heading Into Friday

MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) founder Michael Saylor encouraged those who doubt the upside potential of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to go short on the company's stock, assuring that it would never sell the cryptocurrency.
What happened: During an interview with journalist Madison Reidy that aired Thursday, Saylor asked skeptics to "love" MicroStrategy if they really "hate" Bitcoin.
"We&#8217;re the perfect instrument to short because I promise you, I won&#8217;t sell it. We&#8217;re going to be leveraged long on Bitcoin," said Saylor, one of the most passionate advocates of the cryptocurrency.
&#8220;I want you to love us if you really hate BTC.&#8221;
Saylor said as a company, MicroStrategy has been consistent and transparent in its policy of buying and holding on to Bitcoin, and it was up to market participants to decide if they wanted to buy, sell, or short their shares.
"When I was a younger man I would have been concerned about people shorting my stock but now I&#8217;m not," Saylor added.&nbsp;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41373332/donald-trump-backed-world-liberty-financial-off-to-a-slow-start-raises-just-4-of-the-token">Donald Trump-Backed World Liberty Financial Off To A Slow Start — Raises Just 4% Of The Token Fundraising Target</a>
Why It Matters: Saylor&#8217;s remarks came amid MicroStratgy&#8217;s audacious Bitcoin gambit, which has transformed the software development firm into a proxy for the world&#8217;s greatest digital asset.
MicroStrategy <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40306998/since-embracing-bitcoin-4-years-ago-michael-saylors-microstrategy-has-outperformed-warren-">adopted Bitcoin as its primary reserve asset</a> in 2020, becoming the first publicly listed company to pursue this strategy, and hasn't looked back since then. Today, it holds over $17 billion of its total capital in Bitcoin, <a href="https://bitcointreasuries.net/">according</a> to bitcointreasuries.net.
Saylor projects that by 2045, <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40916462/michael-saylor-bitcoin-to-hit-13m-by-2045-will-get-us-to-a-different-place#:~:text=Michael%20Saylor%3A%20Bitcoin%20To%20Hit,To%20A%20Different%20Place'%20%2D%20Benzinga">Bitcoin will constitute 7% of global financial capital</a>, implying a $13 million price per Bitcoin.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Michael Saylor: Why MicroStrategy's Bitcoin funding is NOT a glitch" width="500" height="281" src="https://www.youtube.com/embed/eThjo9wYoF0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Price Action: At the time of writing, Bitcoin was exchanging hands at $67,931.57, up 0.98% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Shares of MicroStrategy closed down 0.35% to $193.42 during Thursday's regular trading session.
Read Next:&nbsp;
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Photo courtesy: Wikimedia

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

Cryptocurrency

$BTC

MSTR

MicroStrategy Boss Michael Saylor Taunts Bitcoin Doubters, Challenges Them To Short Company's Stock: 'I Want You To Love Us If You Really Hate BTC'

Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) subsidiary Waymo is providing riders who <a href="https://www.benzinga.com/news/24/06/39494723/waymo-autonomous-rides-now-available-to-everyone-in-san-francisco-heres-how-you-can-enjoy-driverless">avail an autonomous ride</a> to select transit stations in San Francisco and the Peninsula $3 credit in a bid to promote public transportation, the company said on Thursday.
What Happened: Waymo will credit $3 to riders&#8217; accounts if they take an autonomous ride to or from eligible Bay Area transit stations. These credits can be used for future rides.
The program started on Oct. 17 and will go on till Nov.15. The credits can be used until Dec. 31, according to a statement from Waymo. 
&#8220;By offering electric rides on demand and improving access to public transit, Waymo One is making daily travel more sustainable and convenient,&#8221; said Adam Lenz, Head of Sustainability and Environment at Waymo.
Why It Matters: Waymo currently operates a fleet of all-electric vehicles that have been customized to enable autonomous driving. The company is delivering over 100,000 paid autonomous rides every week to the public, the company said on Thursday.
Automotive research firm&nbsp;S&amp;P Global Mobility&nbsp;said in September that it deems&nbsp;<a href="https://www.benzinga.com/news/24/09/40792410/us-autonomous-vehicle-sales-to-hit-230k-by-2034-after-progress-resumes-at-alphabets-waymo-gms-cruise" target="_blank" rel="noreferrer noopener">Waymo to be the frontrunner&nbsp;</a>in the field of autonomous vehicles in the U.S.&nbsp;
&nbsp;In July, Alphabet committed&nbsp;to a new multiyear&nbsp;<a href="https://www.benzinga.com/news/24/07/39924838/alphabet-commits-to-another-5b-investment-in-waymo-tesla-ceo-elon-musk-takes-jibe-at-cash-burn-in-un" target="_blank" rel="noreferrer noopener">investment of $5 billion into Waymo</a>&nbsp;to help the company "continue to build the world's leading autonomous driving technology company."
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
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Photo courtesy: Shutterstock

Tech

GOOG

GOOGL

Waymo Offers Free Credits To Riders Traveling To Select Transit Stations In The Bay Area: Here's How Much You Can Get

Coca-Cola Europacific Partners plc (&quot;CCEP&quot; or the &quot;Company&quot;) today confirms notification of transfer of UK listing category from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the Official List

Coca-Cola European Partners plc Ordinary Shares

CCEP

Coca-Cola Europacific Partners To Shifts To Commercial Companies Category, Paving The Way For FTSE Index Eligibility

NYCB

Reported Earlier, Flagstar Bank, Subsidiary of New York Community Bancorp, Cuts 8% of Workforce In Strategic Transformation And Cost-Cutting Initiative

Lotus continues to achieve top-rate growth among traditional luxury car brands, delivering 7,543 vehicles1&nbsp;in the first nine months of 2024, representing a year-on-year increase of&nbsp;134%. Global allocation in terms of deliveries remained well-distributed, with Europe, China, North America and the Rest of the World regions each contributing about&nbsp;20-35%&nbsp;of the total deliveries. In the&nbsp;third quarter&nbsp;of 2024, Emeya (GT, Sedan) was delivered to Europe, whilst Eletre (SUV) reached markets including the GCC, Japan and Korea.

Reported Earlier, Lotus Technology Reports 134% YoY Vehicle Delivery Surge In First Nine Months Of 2024

Econ #s

U.K. Retail Sales (YoY) For September 3.9% Vs. 3.2% Est.; 2.3% (Revised) Prior

U.K. Retail Sales (MoM) For September 0.3% Vs. -0.3% Est.; 1.0% Prior

U.K. Core Retail Sales (MoM) For September 0.3% Vs. -0.3% Est.; 1.1% Prior

U.K. Core Retail Sales (YoY) For September 4.0% Vs. 3.2% Est.; 2.2% (Revised) Prior

Netflix Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) Co-CEO&nbsp;Ted Sarandos on Thursday outlined why the streaming giant continues to hold an edge over YouTube, a subsidiary of Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google.
What Happened: During Netflix&#8217;s <a href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf">third-quarter earnings</a> call, a question about&nbsp;YouTube&#8217;s growing share of TV&nbsp;consumption was raised.
In response, Sarandos highlighted Netflix&#8217;s commitment to investing in premium content to increase viewer engagement, stating, &#8220;Netflix is the best place&nbsp;for premium stories because we&#8217;re&nbsp;the home to the best&nbsp;storytellers.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41375934/meta-confirms-layoffs-across-instagram-whatsapp-and-reality-labs-amid-strategic-reshuffle?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meta Confirms Layoffs Across Instagram, WhatsApp And Reality Labs Amid Strategic Reshuffle</a>
Regarding YouTube, he said, &#8220;When I look at YouTube specifically, I&#8217;d say look, we compete directly with YouTube for people&#8217;s time, for the time they spend on that TV screen. But we have very different strengths.&#8221;
Another, Netflix Co-CEO Greg Peters added that Netflix plays a crucial role for consumers seeking high-quality movies and TV shows, and for creators looking for partners willing to share the inherent risks of bringing stories to life.
&#8220;A Hundred Years of Solitude, Senna, both coming from Latin America, which are huge, ambitious projects. It&#8217;s hard to imagine how those kind of big creative bets would be possible with YouTube&#8217;s model,&#8221; Peters stated.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Netflix&#8217;s third-quarter financial results showed a 15% year-over-year increase in revenue, beating Street consensus estimates.
Moreover, Netflix&#8217;s recent foray into live sports programming indicates a strategic shift from its traditional on-demand model. This move aims to capture high-impact moments and the <a href="https://www.benzinga.com/general/entertainment/24/10/41395213/netflixs-200b-hour-problem-why-live-sports-are-just-a-drop-in-the-streaming-ocean">excitement of global live events</a>, further enhancing viewer engagement.
During the <a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game" target="_blank" rel="noreferrer noopener">second-quarter earnings</a> call, Netflix executives were asked questions about YouTube.
At the time, Sarandos&nbsp;said, &#8220;So our two services — us and YouTube represent about 50% of all streaming to the TV in the U.S. and we use the U.S. only because that's where we have the data.&#8221;
&#8220;So really what we're focused on here is focusing ourselves on that other 80% of total TV time that isn't going to either us or YouTube,&#8221; he said in July.
Sarandos <a href="https://www.benzinga.com/general/entertainment/24/07/39853498/netflix-aims-to-capture-broader-tv-market-sees-youtube-as-both-competitor-and-partner-we-ki">reiterated Netflix&#8217;s commitment to focus</a> on the remaining 80% of the market during the third-quarter call too.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Unsplash

Entertainment

Equities

Netflix's Ted Sarandos Downplays Concerns Of YouTube's Growing Share Of TV Consumption: 'We're The Home To The Best Storytellers'

Orders and deliveries
In Q3, net order intake decreased by 8% to 43,234 trucks and deliveries decreased by 16% to 46,266 units. Deliveries of heavyduty trucks decreased by 9%, of medium-duty trucks by 21% and of light-duty trucks by 61%.

VLVLY

Volvo's Q3 Saw 8% Drop In Net Order Intake To 43,234 Trucks, With Deliveries Down 16% To 46,266 Units

Volvo (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLVLY#OTC">VLVLY</a>) reported quarterly earnings of $0.47 per share. This is a 26.18 percent decrease over earnings of $0.64 per share from the same period last year. The company reported $11.22 billion in sales this quarter. This is a 8.38 percent decrease over sales of $12.25 billion the same period last year

VLVCY

Volvo Q3 EPS $0.47 Down From $0.64 YoY, Sales $11.22B Down From $12.25B YoY

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Finding hot stocks for a market rally is essential to increasing investment profits. Knowing which stocks to buy may greatly influence investor confidence and portfolio success. These three exceptional businesses have the potential to expand their market share in the IT industry significantly. All companies are attractive options for investors looking for stability and development since they have solid financial metrics and strategic advantages in their industries. One of them, for example, has become a pioneer in blockchain technology by leveraging the increasing demand for cryptocurrency assets.&nbsp;



Another is a mainstay of storage solutions that keeps growing as part of the cloud storage industry. However, the last company on the list prospers in the military industry thanks to its creative product combination. You can see why these stocks are more than investments by looking at their top-line growth, profitability, and strategic objectives. They also provide opportunities to increase your portfolio&rsquo;s resilience and growth potential. Understanding these firms&rsquo; fundamentals and market positioning may help investors, whether seasoned veterans or novices, make wise decisions in the intricate macro environment.



<h2>BTCS (BTCS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/blockchain_tokenization_1600_a-300x169.jpg" alt="Image of two glowing blue chains shaking hands. representing sto platforms"><div>Source: LuckyStep/ShutterStock.com</div></div>BTCS (NASDAQ:<a href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a>) focuses on blockchain technology and digital assets. The business saw solid year-over-year (YOY) top-line&nbsp;<a href="https://www.globenewswire.com/news-release/2024/05/15/2882494/0/en/BTCS-Reports-Q1-2024-Results.html" target="_blank">growth of 24%</a>. That demonstrates BTCS&rsquo;s capacity to capitalize on market developments and stabilize its income base. In the first quarter of 2024, BTCS kept a solid&nbsp;<a href="https://www.globenewswire.com/news-release/2024/05/15/2882494/0/en/BTCS-Reports-Q1-2024-Results.html" target="_blank">75% gross</a>&nbsp;margin. Reliable gross margins indicate effective pricing and cost control in their blockchain operations. This consistency is vital because BTCS can maintain profitability even as sales grow, giving the company a solid base to build its finances and reinvest in expansion plans.&nbsp;



Additionally, for Q1 2024, BTCS had a net income of $12.3 million.&nbsp;This&nbsp;is a considerable rise from the previous quarter&nbsp;as well as from&nbsp;YOY. The 148% rise from Q1 2023 illustrates how well BTCS was able to take&nbsp;<a href="https://www.forbes.com/advisor/in/investing/cryptocurrency/bitcoin-prediction/" target="_blank">advantage of market possibilities</a>.&nbsp;This&nbsp;is especially true given the increased value of crypto assets throughout the quarter. The 13% growth from Q4 2023 highlights the business&rsquo;s ongoing profitability and effectiveness.



Overall, BTCS is on the hot stocks for market rally list for its solid top-line growth and profitability in the volatile and expanding crypto market.



<h2>Seagate (STX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/stx-stock-1-300x169.jpg" alt="A Seagate Technology (STX) sign hanging above an office in Silicon Valley, California."><div>Source: Sundry Photography / Shutterstock.com</div></div>Seagate (NASDAQ:<a href="https://investorplace.com/stock-quotes/stx-stock-quote/">STX</a>) leads data storage solutions. In the March quarter, the company&rsquo;s revenue increased by 6% to&nbsp;<a href="https://s24.q4cdn.com/101481333/files/doc_financials/2024/q3/STX-FQ3-24-Press-Release.pdf" target="_blank">$1.66 billion</a>. In particular, near-line cloud product revenue increased dramatically, indicating double-digit growth in cloud client sales. The success of this category demonstrates Seagate&rsquo;s adept market positioning and responsiveness to the growing worldwide demand for cloud storage, especially in the U.S. and China markets. The gross profit&nbsp;<a href="https://s24.q4cdn.com/101481333/files/doc_financials/2024/q3/STX-FQ3-24-Press-Release.pdf" target="_blank">increased by 18%,</a>&nbsp;and the gross margin increased to 26.1%. Hence, the sharp price strategies and a favorable product mix were the main drivers of this gain.



Moreover, according to capacity metrics, Seagate&rsquo;s exabyte shipments increased by<a href="https://s24.q4cdn.com/101481333/files/doc_financials/2024/q3/CORRECTED-TRANSCRIPT_-Seagate-Technology-Holdings-Plc-STX-US-Q3-2024-Earnings-Call-23-April-2024-5_00-PM-ET.pdf" target="_blank">&nbsp;4%&nbsp;</a>to 99 exabytes in the March quarter. This rise exceeded that of the industry, demonstrating Seagate&rsquo;s capabilities to seize market share and increase its market share in the mass capacity storage sector. The company&rsquo;s success in satisfying cloud service providers&rsquo; growing data storage demands (CSPs) may be attributed to its concentration on nearline cloud solutions, which accounted for 72 exabytes of sales. 



Therefore, Seagate&rsquo;s inclusion on the hot stocks for market rally list is driven by its consistent top-line growth and effective cost-management strategies that enhance profitability.



<h2>M-Tron (MPTI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/defense-shield-1600-300x169.jpg" alt="Gold shield; digital shield, defense, protection"><div>Source: anttoniart / Shutterstock</div></div>M-Tron (NYSEMKTS:<a href="https://investorplace.com/stock-quotes/mpti-stock-quote/">MPTI</a>) operates within the defense sector, manufacturing and supplying advanced electronic components and systems. The vital milestone is the top-line growth, which increased from $9,367K in Q1 2023 to $11,185K in Q1 2024. This solid increase of $1,818,000, or around 19.4%, from the previous year results from M-Tron&rsquo;s solid product demand, especially in the defense industry, and its successful market positioning.



Additionally, the gross margin of M-Tron Industries improved from&nbsp;<a href="https://s201.q4cdn.com/767782554/files/doc_presentations/2024/May/MPTI-Investor-Presentation-May-2024.pdf" target="_blank">34.1% in Q1 2023</a>&nbsp;to 42.7% in Q1 2024.&nbsp;This&nbsp;is a considerable improvement. The main reason for this 8.61% gain is a beneficial change in the product mix that favors higher margin offers. This tactical modification increases profitability per unit sold. Moreover, net income per diluted share of M-Tron increased significantly from 20 cents in Q1 2023 to 53 cents in Q1 2024. Hence, the solid increase in net income reflects M-Tron&rsquo;s capacity to convert growth in revenue into increased profitability.



Finally, M-Tron&nbsp;is recognized&nbsp;for its substantial top-line growth and improved profitability, making it a solid contender on the hot stocks for market rally list.



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-hot-stocks-ready-to-ignite-a-major-market-rally/">3 Hot Stocks Ready to Ignite a Major Market Rally</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Hot Stocks Ready to Ignite a Major Market Rally

BTCS (BTCS) has issued an update. BTCS Inc. has recently updated stakeholders with a new corporate presentation and press release, both of which ar...

BTCS Releases Update Presentation and Press Release

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Why is knowing which <a href="https://investorplace.com/industries/technology/">tech stocks</a> to buy right now so important? The stock markets are changing right now. The ability to identify firms with solid market leads, advanced strategies, and sound fundamentals might trigger significant price increases. Understanding these three prospects is essential to increasing a $5,000 investment to $50,000 by the end of the decade.



The first firm is leading innovative initiatives like its AI-driven analytics platform and significantly increasing its asset base, transforming blockchain infrastructure. Meanwhile, the second is utilizing state-of-the-art verification technologies to combat the growing problem of identity fraud. This&nbsp;suggests strong performance and consumer demand. Lastly, the third is broadening its top line and growing its market share. It is well-known for its cutting-edge security solutions.&nbsp;



In short, the focus is on these companies&rsquo; core strengths and prospects to capitalize on the next big opportunities in the stock market.&nbsp;



<h2>BTCS (BTCS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/blockchain-300x169.png" alt="An image of 4 cubes connected in a web; blockchain"><div>Source: Venomous Vector/Shutterstock</div></div>BTCS (NASDAQ:<a href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a>) operates in the blockchain infrastructure. The company leverages high cash and crypto assets to innovate and expand operations. As of Q1 2024, BTCS held&nbsp;<a href="https://www.globenewswire.com/news-release/2024/05/15/2882494/0/en/BTCS-Reports-Q1-2024-Results.html" target="_blank">$39.4 million in cash</a>&nbsp;and crypto assets, reflecting a massive 91% annual increase. The company&rsquo;s market increased because of this increase in its asset base. That way, it offers a strong foundation for financial investments and business growth.



Furthermore, in Q1 2024, BTCS began operating its Ethereum&nbsp;(<a href="https://investorplace.com/cryptocurrency/eth-usd/">ETH-USD</a>) block-building business under the Builder+ name. This action&nbsp;is calculated&nbsp;to significantly impact the Ethereum building market by producing more blocks and maximizing gas fee revenue. To improve its blockchain infrastructure operations, the corporation keeps funding research projects.&nbsp;



Moreover, the development of the AI-enhanced blockchain data and analytics platform&nbsp;<a href="https://www.globenewswire.com/news-release/2024/05/15/2882494/0/en/BTCS-Reports-Q1-2024-Results.html" target="_blank">ChainQ</a>&nbsp;is scheduled for launch later in 2024. ChainQ&nbsp;is expected&nbsp;to offer unique insights into blockchain data, potentially attracting new users and enhancing its competitive advantage. Finally, the company maintained a solid gross margin of&nbsp;<a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1436229/000149315224019301/form10-q.htm" target="_blank">75% throughout Q1 2024</a>. This stability in gross margins suggests sharp cost management and pricing strategies. Indeed, these elements are vital for prolonging a positive bottom line as the&nbsp;top-line scales.



Overall, BTCS&rsquo;s AI-enhanced platform, ChainQ, attracts new users, and its asset growth makes it a high-rated stock to buy.



<h2>Intellicheck (IDN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/idn-1600-300x169.jpg" alt='A tablet displaying the word "Verification"'><div>Source: one photo / Shutterstock</div></div>Intellicheck (NASDAQ:<a href="https://investorplace.com/stock-quotes/idn-stock-quote/">IDN</a>) leads in identity verification solutions and targets rising identity fraud concerns across sectors like real estate and automotive. The identity verification market is experiencing considerable growth due to rising concerns over identity theft and fraud. There has been a sharp boost in identity theft incidents, with statistics pointing to a&nbsp;<a href="https://cdn.prod.website-files.com/6605ba4e19a07cd7b207e1e9/664612ce387f11a38e403764_Q1%202024%20Earnings%20Call%20Transcript.pdf" target="_blank">13% rise in 2023</a>,&nbsp;which affects millions and causes high losses. This growing market demand reflects a critical need for solid, sharp identity verification solutions like those offered by Intellicheck.



Further, Intellicheck&rsquo;s Solutions&nbsp;are&nbsp;considered&nbsp;essential tools across sectors. These sectors include the real estate and automotive industries, where identity fraud poses considerable threats. Moreover, the company&rsquo;s performance in Q1 2024 reflects sharp improvement,&nbsp;including a&nbsp;<a href="https://cdn.prod.website-files.com/6605ba4e19a07cd7b207e1e9/664274ba7fa9e8ca80534209_Q1%202024_%20Earnings%20Release%20_May%2013%202024.pdf" target="_blank">10% annual increase</a>&nbsp;in top-line and positive adjusted EBITDA results. This growth trajectory&nbsp;is supported&nbsp;by a 9% annual increase in the SaaS top line. Hence, this highlights constant top-line growth and an uplifted bottom line.



Meanwhile, Intellicheck&rsquo;s focus on right-sizing pricing strategies and controlling OpEx has maintained high gross profit margins&nbsp;<a href="https://cdn.prod.website-files.com/6605ba4e19a07cd7b207e1e9/664274ba7fa9e8ca80534209_Q1%202024_%20Earnings%20Release%20_May%2013%202024.pdf" target="_blank">above 90%</a>, demonstrating solid operational discipline. Therefore, Intellicheck stands out as one of the top stocks to buy, with solid market growth and high-profit margins.



<h2>SoundThinking (SSTI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/police-law-enforcement-1600-300x169.jpg" alt="Police lights"><div>Source: Matt Gush / Shutterstock.com</div></div>SoundThinking (NASDAQ:<a href="https://investorplace.com/stock-quotes/ssti-stock-quote/">SSTI</a>) prevails in the market for acoustic gunshot detection. It has diversified into the law enforcement and commercial security sectors. SoundThinking has demonstrated solid top-line growth, with Q1 2024 top-line reaching&nbsp;<a href="https://d1io3yog0oux5.cloudfront.net/_6e31e63df825f082d7315caf854581a2/shotspotter/news/2024-05-14_SoundThinking_Inc_Reports_First_Quarter_2024_286.pdf" target="_blank">$25.4 million</a>, a 23% increase from Q1 2023. Multiple factors drive this growth. The company landed 11 new ShotSpotter customers in the quarter. Moreover, this is expanding its market footprint considerably. Further, gross profit for&nbsp;Q1 2024 was $14.9 million, representing a 32% increase from Q1 2023, with a gross margin of 59% compared to 55% in the previous year. In short, this improvement indicates a boost in operational edge and scalability.&nbsp;



Additionally, the company progressively launched its solutions in new cities and international markets, such as Montevideo, Uruguay, demonstrating scalability and market penetration strategies. Similarly, new offerings like&nbsp;<a href="https://seekingalpha.com/article/4693326-soundthinking-inc-ssti-q1-2024-earnings-call-transcript" target="_blank">ResourceRouter and SafePointe</a>&nbsp;are introduced, and enhancements are made through software upgrades and patent innovations (like the passive magnetic moment in motion detection). This&nbsp;reflects the company&rsquo;s market demands.



To conclude, SoundThinking&rsquo;s and its market expansion efforts solidify its presence among the top stocks to buy.



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-stocks-that-could-turn-5k-into-50k-by-2030/">3 Stocks That Could Turn $5K Into $50K by 2030</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Stocks That Could Turn $5K Into $50K by 2030

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Investing in <a href="https://investorplace.com/stock-types/undervalued-stocks/">undervalued stocks</a> that have the potential to derive high returns is a solid strategy. Here, the focus is on three dirt-cheap stocks that could make one a millionaire by 2026. These companies have been selected based on&nbsp;their impressive financial metrics and growth indicators, which make them standout choices for those seeking high-return investments.



The first company has demonstrated remarkable improvement in its gross margin, which points to its effective cost management and operational efficiency. The second boasts an exceptional gross margin,&nbsp;which highlights&nbsp;its strong position in the competitive blockchain sector. Finally, the third company has shown outstanding profitability metrics, with considerable increases in net income and returns on equity and assets.&nbsp;



Understanding these companies&rsquo; fundamentals is vital to capitalize on potentially high-reward opportunities in the stock market. In short, these stocks hold solid financial health and reflect strategic initiatives and market positioning that could lead to high gains.



<h2>Airgain (AIRG)</h2>



<a href="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1570147828-scaled-e1667921955402.jpg"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1570147828-scaled-e1667921955402-300x169.jpg" alt="a photo of a city with a digital grid overhead, showing the wide range of connectivity that comes with 5G. communications stocks"></a>Airgain&nbsp;(NASDAQ:<a target="_blank" href="https://investorplace.com/stock-quotes/airg-stock-quote/">AIRG</a>) specializes in antenna and connectivity solutions for wireless communications. The company&rsquo;s gross margin has improved. The gross margin uplifted to&nbsp;<a target="_blank" href="https://d1io3yog0oux5.cloudfront.net/_339706ce3406b4aedc848e203de85b67/airgain/news/2024-05-08_Airgain_Reports_First_Quarter_2024_Financial_216.pdf">40.2% in Q1 2024</a>&nbsp;(from 39.1% in Q1 2023). This annual increase demonstrates the company&rsquo;s fundamental ability to maintain and boost its margin despite market adversities. The higher gross margin reflects better product mix, cost control, and improved operational performance. The ability to attain a gross margin of over 40% highlights Airgain&rsquo;s strategic focus on high-margin products and solutions.



Moreover, Airgain has led in managing its operating expenses.&nbsp;This&nbsp;is alongside continuing to invest in areas for growth. The operating&nbsp;expenses&nbsp;for&nbsp;Q1 were $6.6 million,&nbsp;which is relatively stable against $6.5 million in Q4 2023. This stability in operating expenses amidst increased sales indicates sharp cost management. Additionally, against&nbsp;<a target="_blank" href="https://finance.yahoo.com/news/airgain-inc-nasdaq-airg-q1-164005359.html">$7.3 million in Q1 2023</a>, the reduction in operating expenses reflects the company&rsquo;s efforts to boost its operational edge. There is a focus on high-priority investments.



Overall,&nbsp;Airgain&rsquo;s improved gross margins and sharp cost management make it a top mark among millionaire-making cheap stocks.



<h2>BTCS (BTCS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/blockchain-crypto-300x169.png" alt="An image of the blockchain, distributing digital crypto from a phone through the web to another tablet"><div>Source: elenabsl/Shutterstock</div></div>The block builder&nbsp;BTCS&nbsp;(NASDAQ:<a target="_blank" href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a>) operates in the blockchain sector and provides cryptocurrency mining and investment services. BTCS had a gross margin of&nbsp;<a target="_blank" href="https://www.globenewswire.com/news-release/2024/05/15/2882494/0/en/BTCS-Reports-Q1-2024-Results.html">75% for Q1 2024</a>,&nbsp;indicating its operational edge and solidity of&nbsp;bottom line. The company&rsquo;s gross margin has a substantial percentage of revenue that exceeds the cost of goods sold.&nbsp;This&nbsp;reflects the company&rsquo;s fundamental ability to manage production costs and derive profit from its core operations. This high gross margin demonstrates BTCS&rsquo;s ability to derive considerable revenue relative to its direct costs.



Moreover, in the blockchain sector, where competition can be intense and costs variable, a gross margin of 75% is notably high.&nbsp;This&nbsp;suggests that BTCS is well-positioned against its peers, likely benefiting from economies of scale, optimized processes, or high-margin products and services. The substantial gross margin supports BTCS&rsquo;s sharp ability to invest in growth while maintaining solid financials. It also highlights the company&rsquo;s edge in leveraging its blockchain technology and&nbsp;<a target="_blank" href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1436229/000149315224019301/form10-q.htm">infrastructure to maximize&nbsp;the bottom line</a>.&nbsp;



Overall, BTCS&rsquo;s solid gross margin highlights its operational edge and profitability, solidifying its position among millionaire-making cheap stocks.



<h2>Grupo Supervielle (SUPV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/fintech-banking-300x169.png" alt="An image of a cellphone with a bank on top, surrounded by people and piles of money, a credit card and calculator. fintech stocks"><div>Source: fatmawati achmad zaenuri/Shutterstock</div></div>Grupo Supervielle&nbsp;(NYSE:<a target="_blank" href="https://investorplace.com/stock-quotes/supv-stock-quote/">SUPV</a>) leads as a&nbsp;major&nbsp;Argentine financial services provider. The company had a net income of AR$46.5 billion, a solid boost from&nbsp;<a target="_blank" href="https://s26.q4cdn.com/426641508/files/doc_financials/2024/q1/Press-Release-1Q24-F.pdf">AR$2.2 billion in Q1 2023</a>&nbsp;and AR$34.1 billion in the previous quarter (Q4 2023). The considerable annual and quarter-over-quarter (QoQ) growth points to the edge of Grupo Supervielle&rsquo;s strategic initiatives. They&nbsp;were implemented&nbsp;in 2022 and 2023. These moves include operational optimization, business consolidation, and boosted cross-selling.



Additionally, in Q1, Grupo Supervielle attained a&nbsp;<a target="_blank" href="https://s26.q4cdn.com/426641508/files/doc_financials/2024/q1/Press-Release-1Q24-F.pdf">return on equity (ROE) of 33.8%</a>.&nbsp;This&nbsp;is a decisive improvement from 2% in Q1 2023 and 26.9% in Q4 2023. This sharp increase in ROE indicates a sharp use of equity with high strategic management that may continue to derive superior performance. The Return on Average Assets (ROAA) for&nbsp;<a target="_blank" href="https://s26.q4cdn.com/426641508/files/doc_financials/2024/q1/SUPV-1Q24-Transcript.pdf">Q1 2024 was 7.4%</a>, increasing from 0.3% in 1Q23 to 5.3% in Q4 2023. This increase in ROAA points to the company&rsquo;s improved asset utilization and the ability to derive higher returns from its asset base.&nbsp;



To sum up, Grupo Supervielle&rsquo;s big improvements in profitability and returns justify its inclusion as a top pick among millionaire-making cheap stocks.



On the&nbsp;date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a target="_blank" href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>



On the&nbsp;date of publication, the responsible editor did not have (either&nbsp;directly or indirectly) any positions in the securities mentioned in this article.&nbsp;
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-dirt-cheap-stocks-that-could-make-you-a-millionaire-by-2026/">3 Dirt-Cheap Stocks That Could Make You a Millionaire by 2026</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Dirt-Cheap Stocks That Could Make You a Millionaire by 2026

BTCS GAAP EPS of -$0.43, revenue of $0.56M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
BTCS (NASDAQ:<a href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a>) just reported results for the second quarter of 2024.<ul><li>BTCS reported earnings per share of -43 cents. This was below the analyst estimate for EPS of -4 cents.</li><li>The company reported revenue of $561,192.</li><li>This was 40.30% better than the analyst estimate for revenue of $400,000.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/btcs-stock-earnings-btcs-for-q2-of-2024/">BTCS Stock Earnings: BTCS Misses EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

BTCS Stock Earnings: BTCS Misses EPS, Beats Revenue for Q2 2024

In a report released today, Kevin Dede from H.C. Wainwright maintained a Buy rating on BTCS (BTCS – Research Report), with a price target of $3.00....

Ethereum Block-Building Drives BTCS Revenue Growth and Earns Buy Rating

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
BTCS (NASDAQ:<a href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a>) just reported results for the second quarter of 2024.<ul><li>BTCS reported earnings per share of -43 cents. This was below the analyst estimate for EPS of -4 cents.</li><li>The company reported revenue of $561,192.</li><li>This was 40.30% better than the analyst estimate for revenue of $400,000.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	The post <a href="https://investorplace.com/earning-results/2024/08/btcs-stock-earnings-btcs-for-q2-of-2024/">BTCS Stock Earnings: BTCS Misses EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

An announcement from BTCS ( ($BTCS) ) is now available. BTCS Inc. has updated its corporate presentation and made it available on its official webs...

BTCS Inc. Releases Updated Corporate Presentation Online

BTCS ( ($BTCS) ) has issued an announcement. BTCS Inc. has implemented an innovative measure allowing staff to opt for restricted common stock inst...

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