Ultime notizie per Genius Gr (AMEX:GNS) Azioni

Genius Gr

Genius Group Ltd is an Edtech and education company that provides entrepreneur education system business development tools and management consultancy services to entrepreneurs and entrepreneur resorts. The company's business consists of two reportable business segments: Education - entrepreneur education, management consultancy, and business development tools; and Campus - resorts, retreats, and co-working cafes for entrepreneurs. It derives the majority of its revenue from the Education segment.

Genius Group Ltd

Gains Network - United States Dollar

Genius Metals Inc

GENUSPLUS GROUP LTD by GENUSPLUS GROUP LTD.

GenusPlus Group Ltd

Genasys Inc

Needham analyst Tom Nikic initiates coverage on On Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) with a Buy rating and announces Price Target of $64.

News

Price Target

Initiation

Analyst Ratings

ONON

Needham Initiates Coverage On On Holding with Buy Rating, Announces Price Target of $64

The Starship&#8216;s many engines are isolated from each other, preventing the risk of one engine failure causing failure of all as in the case of the Soviet Union&#8217;s N1 rocket, SpaceX CEO Elon Musk said on Thursday.
What Happened: &#8220;If engine failures are isolated from each other and the primary airframe, then more engines &#x2A;increases&#x2A; reliability,&#8221; Musk said in a post on social media platform X. &#8220;The problem with N-1 was that a failure of any engine caused failure of all.&#8221;
<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">If engine failures are isolated from each other and the primary airframe, then more engines &#x2A;increases&#x2A; reliability. The problem with N-1 was that a failure of any engine caused failure of all.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1859667589817041394?ref_src=twsrc%5Etfw">November 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Starship has often been compared to the Soviet N1 rocket owing to its large number of engines. Musk himself has admitted that the <a href="https://www.benzinga.com/news/23/05/32566212/elon-musk-reacts-to-comparison-of-starship-with-doomed-rocket-that-knocked-soviet-union-out-of-moon">N1 is the closest comparable rocket to Starship</a>. However, the Starship has 33 engines on its Super Heavy booster, even more than the 30 engines on the Soviet N1&#8217;s first stage.
About N1: N1 was aimed at enabling crewed travel to the moon. However, all four attempts to launch failed and the program was suspended in 1974.
The Soviets carried out a clandestine launch of the N1 on July 3, 1969, which ended up in a colossal explosion. This effectively knocked out the Soviet Union from the Moon race just days before U.S. astronauts walked on the surface of the moon.
About Starship: Starship is SpaceX&#8217;s most ambitious launch vehicle aimed at taking humans back to the Moon and Earth&#8217;s neighboring planet Mars. 
The company has conducted six test flights of the vehicle thus far but without a payload. The last flight test took place earlier this week and NASA is looking forward to taking humans back to the surface of the Moon after a gap of over 50 years with the help of a <a href="https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs">custom version of Starship</a>.
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>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42131163/tesla-ceo-elon-musk-attempts-to-temper-down-expectations-of-30k-optimus-or-cybercab-soon">Tesla CEO Elon Musk Tries To Lower Expectations Of $30K Optimus Or Cybercab</a></li>
</ul>
Photo courtesy: SpaceX

SPACE

Markets

Tech

General

SpaceX CEO Elon Musk Explains How Starship's Engine Design Prevents Chain Failures Unlike Soviet N1 Rocket

ZKH Group Q3 Adj EPS $(0.06), Sales $324.995M; Exits Quarter With Cash & Equivalents Worth $294.2M

Qudian (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QD#NYSE">QD</a>) reported quarterly earnings of $0.10 per share. This is a 190.91 percent increase over losses of $(0.11) per share from the same period last year. The company reported $7.80 million in sales this quarter. This is a 92.26 percent increase over sales of $4.06 million the same period last year.

Earnings

Qudian Q3 Adj. EPADS $0.10 Up From $(0.11) YoY, Sales $7.80M Up From $4.06M YoY

JMP Securities analyst Matthew Carletti downgrades Root (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#NASDAQ">ROOT</a>) from Market Outperform to Market Perform.

Downgrades

ROOT

JMP Securities Downgrades Root to Market Perform

Texas Governor&nbsp;Greg Abbott (R-Texas) has directed state agencies to cease investments in China and divest existing ones. This decision, announced in a letter dated Nov. 21, highlights security and financial risks associated with Chinese investments, 
What Happened: Abbott&#8217;s directive argues that this aggression could elevate the financial risks tied to Chinese investments. The governor&#8217;s letter explicitly bans Texas investing entities from making new investments in China.
Moreover, Abbott has instructed these entities to divest from any current Chinese investments at the earliest feasible opportunity. 
&#8220;Texas will defend and safeguard itself and our public treasury from any potential threat, including those posed by the CCP,&#8221; the statement read.
See Also:&nbsp;<a href="https://www.benzinga.com/24/11/42103633/chinese-court-affirms-cryptocurrency-ownership-as-legal-as-bitcoin-breaks-97k?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chinese Judge Cites &#8216;High-Pressure Crackdown&#8217; On Speculation In Judgment Declaring Crypto Ownership Legal As Bitcoin Moves Past $97K</a>
Why It Matters: The directive from Governor Abbott comes amid escalating U.S.-China tensions. Recently, the U.S. House of Representatives advanced two Republican bills aiming to reinstate the U.S. Justice Department's "China Initiative." This initiative seeks to <a href="https://www.benzinga.com/news/24/09/40831428/house-gop-advances-bills-to-reinstate-justice-departments-china-initiative-despite-white-house-disap">curb espionage activities</a> targeting U.S. intellectual property and academic institutions. The bills were part of the House Republican's &#8220;China Week,&#8221; which saw over two dozen China-related legislative measures passed.
President-elect Donald Trump has proposed to impose 60% tariff on Chinese goods. Chinese President Xi Jinping recently <a href="https://www.benzinga.com/24/11/42025284/xi-jinping-tells-joe-biden-china-is-ready-to-work-with-trump-as-tariff-threat-looms">expressed a willingness</a> to collaborate with the U.S. government, regardless of the administration in power. This statement was made during a meeting with President Joe Biden at the Asia-Pacific Economic Cooperation forum in Lima. 
Meanwhile, ETFs that allow investment into China have dropped during the past one month. As of Nov. 22nd, according to <a href="https://pro.benzinga.com">Benzinga Pro</a>, the KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) has dropped by 5.97% while iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) fell by 5.13%. Invesco Golden Dragon China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>) fell by 5.41% and iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>) dropped by 5.54%.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/tech/24/11/42111283/elon-musks-starlink-faces-new-competition-as-chinese-satellite-firm-spacesail-enters-brazilian-market?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Starlink Faces New Competition As Chinese Satellite Firm Spacesail Enters Brazilian Market</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

Government

Global

KWEB

MCHI

PowerShares Golden Dragon Halter USX China Portfolio

Texas Governor Mandates State Agencies To Divest From China: 'Will Defend And Safeguard Itself...From Any Potential Threat'

Needham analyst Quinn Bolton maintains Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Buy and lowers the price target from $950 to $600.

MPWR

Needham Maintains Buy on Monolithic Power Systems, Lowers Price Target to $600

Macro Economic Events

Econ #s

Economics

U.K. Services Purchasing Managers Index Preliminary For November 50.0 Vs. 52.3 Est.; 52.0 Prior

U.K. Manufacturing Purchasing Managers Index Preliminary For November 48.6 Vs. 50.1 Est.; 49.9 Prior

U.K. Composite Purchasing Managers' Index Preliminary For November 49.9 Vs. 51.8 Prior

Eurozone Services Purchasing Managers Index Preliminary For November 49.2 Vs. 51.6 Est.; 51.6 Prior

HCOB Eurozone Composite Purchasing Managers Index Preliminary For November 48.1 Vs. 50.0 Prior

Eurozone Manufacturing Purchasing Managers Index Preliminary For November 45.2 Vs. 46.0 Est.; 46.0 Prior

HC Wainwright &amp; Co. analyst Yi Chen reiterates Alpha Tau Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRTS#NASDAQ">DRTS</a>) with a Buy and maintains $9 price target.

Reiteration

DRTS

HC Wainwright & Co. Reiterates Buy on Alpha Tau Medical, Maintains $9 Price Target

RBC Capital analyst Deane Dray upgrades Flowserve (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLS#NYSE">FLS</a>) from Sector Perform to Outperform and announces $69 price target.

Upgrades

RBC Capital Upgrades Flowserve to Outperform, Announces $69 Price Target

EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced that the Company's Board of Directors has approved a Share Repurchase Program, pursuant to which the Company may repurchase up to&nbsp;US$30&nbsp;million of its American Depositary Shares ("ADSs") or ordinary shares over the next 12 months.

Buybacks

EHang Holdings' Board Approved A Share Buyback Program Of Up To $30M ADSs Over Next 12 Months

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Xenetic Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XBIO#NASDAQ">XBIO</a>) with a Neutral.

XBIO

HC Wainwright & Co. Reiterates Neutral on Xenetic Biosciences

HC Wainwright &amp; Co. analyst Oren Livnat reiterates Jazz Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAZZ#NASDAQ">JAZZ</a>) with a Buy and maintains $200 price target.

JAZZ

HC Wainwright & Co. Reiterates Buy on Jazz Pharmaceuticals, Maintains $200 Price Target

Piper Sandler analyst Arvind Ramnani maintains Intuit (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) with a Overweight and lowers the price target from $768 to $765.

INTU

Piper Sandler Maintains Overweight on Intuit, Lowers Price Target to $765

PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips &amp; Spreads International GmbH (Obela) and become the sole owner of these companies, which make Sabra and Obela products.
&nbsp;
Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo and Strauss Group to manufacture, distribute, and sell refrigerated dips and spreads. The Sabra joint venture is based in New York and operates in the U.S. and Canada. The Obela joint venture is based in Geneva and operates in Australia, New Zealand and Mexico.
PepsiCo has focused on the fresh dips category for over 15 years, forming Sabra and Obela as 50/50 joint ventures with the Strauss Group in 2008 and 2012, respectively. Sabra has become a leading hummus brand with nearly $400MM in retail sales in the U.S. This transaction will enable PepsiCo to continue to transform its portfolio and drive accelerated innovation to develop more products that meet the growing demand for positive choices from North American consumers.

PepsiCo Secures Full Ownership of Sabra and Obela with 50% Buyout

Genius Group Limited (GNS) has released an update. Genius Group Limited has announced a bold shift towards a ‘Bitcoin-first' strategy, committing t...

Genius Group Embraces Bitcoin-First Treasury Strategy

Genius Group Limited (GNS) has released an update. Genius Group Limited has embarked on a bold "Bitcoin-first" strategy by purchasing 110 Bitcoin f...

Genius Group Embraces Bitcoin for Treasury Reserves

Genius Group (GNS) had completed the purchase of 110 Bitcoin for $10 million, at an average price of $90,932 per Bitcoin. The purchase follows the ...

Genius Group launches Bitcoin Treasury with purchase of 110 bitcoin

Genius purchases 110 bitcoins for $10M

Genius Group Limited ($GNS), a trailblazer in AI-powered education and acceleration, has announced it is pivoting towards a "Bitcoin-first" strateg...

Genius Group Limited (GNS) Plans a Bold Bitcoin Strategy After Its Stock Crashes

Genius Group stock tumbles after H1 prelim results

Genius Group (GNS) is emphasizing the development of AI-integrated innovative solutions to cater to customers. However, the high volatility in its stock and unstable financial performance are raising concerns about its future growth. Amid this instability, should you consider this stock? Read more to find out... Singapore-based leading AI-powered education and acceleration company Genius Group Limited (<a href="https://stocknews.com/stock/GNS/">GNS</a>) provides entrepreneur education system business development tools and management consultancy services to entrepreneurs and entrepreneur resorts. It operates in the Education and Campus segments.
In November, the company committed 90% of its current and future reserves to be held in Bitcoin for the long term. Also, in October, Genius Group released GeniusGroup.AI to drive the growth of its Genius Cities Network and global AI Education model. Its key components include a full suite of AI Avatars, instant access to Alan Turing AI, daily AI news, and a global calendar of genius events.
However, despite its operational growth through product launches and strategic initiatives, the company's stock has been highly volatile. The stock price surged over 1,600% in early 2023, but it has lagged later.
Shares of GNS gained 45.1% over the past month to close the last trading session at $1.03. However, its shares have declined 69.4% in price over the past six months and 84.5% year-to-date. The stocks have also slumped 85.3% over the past year. It has a beta of 11.10.
Let's look at factors that could influence GNS' performance in the upcoming months.
Recent Developments
On November 12, GNS adopted bitcoin (BTC) as its primary treasury asset, committing 90% of its current and future reserves to be held in bitcoin. The company plans to acquire an initial $120 million of bitcoin, about 1,380 BTC at current prices, to be held for the long term.
On October 25, GNS launched GeniusGroup.AI, a new platform designed to enhance the company's global Genius Cities Network and AI education initiatives. The platform aims to connect educators, entrepreneurs, and governments through advanced AI tools, avatars, and training, facilitating a dynamic learning ecosystem.
The platform launch is part of GNS' strategic plan to establish 100 Genius Cities worldwide, promoting AI-driven growth and innovation.
Bleak Financials
According to the preliminary results for the first half of 2024 that ended June 30, 2024, GNS' revenue came in at $13.20 million, compared to $11.80 million for the same period in 2023. Also, pro forma revenue of $20.7 million indicates growth of 130% from the prior year.
The company's first-half adjusted <a href="https://www.investopedia.com/terms/e/ebitda.asp">EBITDA</a> net loss was $5.90 million, against the first-half adjusted EBITDA net loss of $7.30 million during 2023.
Poor Profitability
GNS' trailing-12-month CAPEX/Sales of 0.57% is 80.3% lower than the 2.88% industry average. Also, its trailing-12-month asset turnover ratio of 0.34x is 65.8% lower than the industry average of 1.00x.
Furthermore, the stock's trailing-12-month ROCE, ROTC, and ROTA are unfavorable compared to the 10.61%, 6.12%, and 3.91% respective industry averages.
POWR Ratings Reflect Uncertainty
GNS has an overall D rating, which translates to a Sell in our <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. GNS has a D grade for Quality, in sync with its lower-than-industry profitability.
GNS is ranked last among the 20 stocks in the A-rated <a href="https://stocknews.com/category/outsourcing-education-services/">Outsourcing – Education Services</a> industry.
Beyond what I have stated above, we have also given GNE grades for Growth, Sentiment, Momentum, Stability and Value. Get access to all the GNE ratings <a href="https://stocknews.com/stock/GNS/">here</a>.
Bottom Line
While the adoption of the latest technologies and innovative offerings are driving the share prices of Genius Group high, its weak profitability and bleak income growth could limit its growth prospects.
Given GNS' uncertain near-term growth prospects, it could be best to avoid the stock now.
Stocks to Consider Instead of Genius Group Limited (GNS)
Considering the near-term uncertain prospects of GNS, one might want to consider investing in stocks with much more impressive POWR Ratings. So, consider the following A (Strong Buy) or B (Buy) stocks from the A-rated <a href="https://stocknews.com/category/outsourcing-education-services/">Outsourcing – Education Services</a> industry instead:
QuantaSing Group Ltd. ADR (<a href="https://stocknews.com/stock/QSG/">QSG</a>)
Perdoceo Education Corporation (<a href="https://stocknews.com/stock/PRDO/">PRDO</a>)
Franklin Covey Company (<a href="https://stocknews.com/stock/FC/">FC</a>)
For exploring more A and B-rated outsourcing stocks, <a href="https://stocknews.com/category/outsourcing-education-services/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
GNS shares were trading at $0.99 per share on Wednesday morning, down $0.04 (-3.89%). Year-to-date, GNS has declined -85.07%, versus a 24.44% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/gns-qsg-prdo-fc-genius-groups-stock-volatility-is-gns-a-risky-bet-or/>Genius Group's Stock Volatility: Is GNS a Risky Bet or a Hidden Gem?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Genius Group's Stock Volatility: Is GNS a Risky Bet or a Hidden Gem?

Genius Group Limited (GNS) has released an update. Genius Group Limited has reported a remarkable 130% increase in pro forma revenue for the first ...

Genius Group Reports Impressive Revenue Growth

Genius Group hikes Bitcoin purchases by additional $4M

Genius Group (GNS) announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $4 million to 153 Bitcoin for $1...

Genius Group increases its Bitcoin Treasury 40%

PRDO

Movers & Shakers

Interview

Personalized Learning With AI – This Company Is Delivering Results Globally

Press Releases

Genius Group Announces Cancellation of Extraordinary General Meeting Scheduled On 18 September 2024

Founder & CEO, Roger James Hamilton, purchases ordinary shares in Genius Group

Genius Group Restructures Board with Four New Appointees

Genius Group Launches GeniusGroup.AI to Power Growth of Genius Cities and AI Education

Small Cap

AXS LAW GROUP PLLC Files a Securities Class Action on Behalf of LZG International Inc. Investors (LZGI)

Genius Group Adopts Bitcoin Treasury Reserve Strategy

"Emerging Innovators Transforming Global Markets: IPA, CRDL, KXIN, GNS, PRSO in Sectors"

Genius Group launches Bitcoin Treasury with purchase of 110 Bitcoin for $10 million

Genius Group Announces Preliminary First Half 2024 Financial Results: 130% Pro Forma Revenue Growth

Genius Group increases Bitcoin Treasury 40% to total purchase of 153 Bitcoin for $14 million

CRDL

KXIN

LZGI

PRSO

ATA Creativity Global - American Depositary Shares, each representing two common shares

ATA Creativity Glb

Color Star Technology Co., Ltd. - Class A Ordinary Shares

Color Star Tech

Ambow Education Holding Ltd. American Depository Shares (each representing twenty (20) Class A Ordinary Shares)

Ambow Education Holding

Amesite

Bright Scholar Education Holdings Limited American Depositary Shares, each representing four Class A Ordinary Share

Bright Scholar Education

China Liberal Education Holdings Limited - Ordinary Shares

China Liberal Education

51Talk Online Education Group American depositary shares, each representing 60 Class A ordinary shares

51 Talk Online Education

Skillful Craftsman Education Technology Limited - Ordinary Share

Skillful Craftsman

EpicQuest Education Group International Limited - Common Stock

EpicQuest Education Group

Four Seasons Education (Cayman) Inc. American Depositary Shares, each ADS representing 10 ordinary shares

Four Seasons Education

Golden Sun Health Technology Group Limited - Class A Ordinary Shares

Golden Sun Health

Visionary Holdings

Jiade

Jianzhi Education Technology Group Company Limited - American Depositary Shares

Jianzhi Education Tech

Legacy Education

Lixiang Education Holding Co., Ltd. - American Depositary Shares

Lixiang Education Hldg

Mynd.ai

Nerdy

QuantaSing Group Limited - American Depositary Shares

QuantaSing Group

Sunlands Technology Group American Depositary Shares, representing Class A ordinary shares

Comments

Genius Gr

Notizie

Ultime notizie per Genius Gr (AMEX:GNS) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO