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MicroCloud Hologram Azioni (NASDAQ: HOLO)

Ultime notizie per MicroCloud Hologram (NASDAQ:HOLO) Azioni

MicroCloud Hologram

MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions and Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library. Geographically company is operating in single segment, China.

MicroCloud Hologram Inc. - Ordinary Shares

MicroCloud Hologram Inc

HOLOGRAPHIC STORAGE INC by Holographic Storage Ltd.

Holo

Holobeam Inc

Holoco Inc

Hologic Inc

Citigroup analyst Samantha Semenkow maintains argenx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARGX#NASDAQ">ARGX</a>) with a Buy and raises the price target from $681 to $796.

News

Price Target

Analyst Ratings

ARGX

Citigroup Maintains Buy on argenx, Raises Price Target to $796

Keybanc analyst Noah Zatzkin analyzed the Leisure &amp; Performance Brands ahead of the first-quarter earnings.
The analyst remains cautious ahead of the first-quarter FY25 earnings, citing continued weakness in consumer demand across retail and leisure markets. 
Recent channel checks from February and March revealed sluggish conditions, prompting widespread estimate and price target reductions across the leisure sector. 
Also Read: <a href="https://www.benzinga.com/trading-ideas/dividends/25/04/44863342/retail-giant-costco-raises-dividend-by-12">Retail Giant Costco Raises Dividend By 12%</a>
Concerns have intensified due to recent tariff policy uncertainty, which is expected to further dampen demand, especially for big-ticket discretionary items, said the analyst.
To account for this shifting landscape, the analyst reassessed risk related to tariffs, liquidity, leverage, and covenant exposure across the sector. 
While the situation remains fluid, current policies are expected to directly affect earnings and dampen overall demand. 
Most companies issued cautious and conservative first-quarter guidance, anticipating a slow start to the year.
Expecting many firms to revise or withdraw forward guidance due to ongoing macroeconomic uncertainty and tariff concerns, Zatzkin adds.
Estimates for the following stocks were revised downward: Brunswick Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BC#NYSE">BC</a>), Acushnet Holdings Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLF#NYSE">GOLF</a>), Garmin Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>), Harley-Davidson Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOG#NYSE">HOG</a>), Topgolf Callaway Brands Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MODG#NYSE">MODG</a>), OneWater Marine Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONEW#NASDAQ">ONEW</a>), and Polaris Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>).
Price forecasts were also trimmed for names like Camping World Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWH#NYSE">CWH</a>), GOLF, Patrick Industries Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PATK#NASDAQ">PATK</a>), Thor Industries Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>), and Winnebago Industries Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>).
Meanwhile, Yeti Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YETI#NYSE">YETI</a>) received an upgrade from Underweight to Sector Weight despite tariff risks, as lowered estimates are now better aligned with current market conditions.
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</ul>
Image: Shutterstock

Analyst Color

General

GOLF

GRMN

MODG

ONEW

PATK

YETI

Retail Slowdown, Tariffs Jolt Leisure Stocks: Analyst Revises Estimates For Topgolf, Harley-Davidson And More

Citigroup analyst Michael Rollins maintains Equinix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>) with a Buy and lowers the price target from $1020 to $970.

EQIX

Citigroup Maintains Buy on Equinix, Lowers Price Target to $970

The <a target="_blank" href="https://www.benzinga.com/topic/department-of-justice" rel="noreferrer noopener">U.S. Department of Justice</a> has won its antitrust case against 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>) Google for operating a monopoly in advertising technology.&nbsp;
The ruling by U.S. District Judge Leonie Brinkema <a target="_blank" href="https://www.documentcloud.org/documents/25900111-google-ad-antitrust-ruling/" rel="noreferrer noopener">concluded that</a> Google has engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising.
For over ten years, Google has bundled its publisher ad server and ad exchange to help it maintain monopoly power in these two markets.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44497080/qualcomm-accuses-arm-of-antitrust-violations-across-us-eu-and-korea-over-chip-access" rel="noreferrer noopener">Qualcomm Accuses Arm Of Antitrust Violations Across US, EU, And Korea Over Chip Access</a>
However, Judge Brinkema dismissed allegations against Google for monopolizing ad networks. In August, U.S. District Judge&nbsp;Amit Mehta ruled that&nbsp;Google&#8217;s dominant search engine is an unlawful monopoly.
Judge Brinkema, like Judge Mehta, warned Google for failing to preserve internal communications, citing an internal messaging app that deleted records of chats between employees.
Google VP Lee-Anne Mulholland told&nbsp;<a target="_blank" href="https://www.theverge.com/news/650665/google-loses-ad-tech-antitrust-monopoly-lawsuit" rel="noreferrer noopener">the</a> Verge that Google has won half of this case and will appeal the other half. The Court found that Google&#8217;s advertiser tools and acquisitions, like DoubleClick, did not breach antitrust rules. Google disagreed with the Court&#8217;s decision regarding its publisher tools.
The U.S. Big Tech giants have drawn global regulatory attention for alleged antitrust violations.
Google is facing a £5 billion ($6.6 billion) <a target="_blank" href="https://www.benzinga.com/25/04/44857710/google-faces-a-mammoth-66-billion-lawsuit-in-the-uk-over-suspected-market-dominance-abuse" rel="noreferrer noopener">class action lawsuit</a> in the U.K. for allegedly exploiting&nbsp;its dominant market position in&nbsp;the online search industry.
In January, Google&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/43274659/google-fights-record-eu-android-fine-claims-users-choose-its-services-over-rivals" rel="noreferrer noopener">contested the&nbsp;European Commission</a> in Luxembourg against the record European Union antitrust fine over its Android operating system. The European Union regulator penalized Google by 4.34 billion euros ($4.55 billion) in 2018 for allegedly exploiting its influence to drive traffic from Android devices to Google&#8217;s search engine.
Reportedly, the Justice Department has <a target="_blank" href="https://www.benzinga.com/news/legal/25/03/44208199/googles-monopoly-fight-just-got-more-intense-justice-department-reaffirms-plan-to-split-up-the-tech-giant-in-historic-antitrust-battle" rel="noreferrer noopener">doubled down on</a> its demand to break up&nbsp;Google, pushing for the sale of&nbsp;Chrome&nbsp;and&nbsp;restrictions on its search&nbsp;business. As per a court filing in March, the Justice Department reaffirmed its call for Google to divest Chrome and end its exclusive search engine deals with&nbsp;Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>),&nbsp;Mozilla, and smartphone manufacturers.
Google held $95.66 billion in cash and equivalents as of <a target="_blank" href="https://www.sec.gov/Archives/edgar/data/1652044/000165204425000010/googexhibit991q42024.htm" rel="noreferrer noopener">December 31, 2024</a>.
Separately, the Federal Trade Commission is preparing to take&nbsp;Meta Platforms, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) for allegedly stifling competition with acquisitions&nbsp;of&nbsp;Instagram&nbsp;and&nbsp;WhatsApp. It is also alleged Amazon.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is&nbsp;illegally maintaining its dominance&nbsp;in online retail.
Price Action: GOOGL stock is down 1.40% at $151.22 at last check Thursday.
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</ul>
Photo Courtesy: JHVEPhoto On Shutterstock.com

Legal

Tech

Media

AAPL

AMZN

GOOG

GOOGL

Google Scores Partial Win In Antitrust Case But Faces Setback On Publisher Tools

Citigroup analyst Michael Rollins maintains Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Buy and lowers the price target from $188 to $174.

Citigroup Maintains Buy on Digital Realty Trust, Lowers Price Target to $174

Citigroup analyst Paul Lejuez maintains Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) with a Neutral and lowers the price target from $120 to $95.

Citigroup Maintains Neutral on Target, Lowers Price Target to $95

Tilray Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares are trading lower by 6.2% to 45 cents during Thursday&#8217;s session. The company on Thursday announced plans to <a href="https://www.benzinga.com/markets/cannabis/25/04/44871447/why-cannabis-co-tilray-tlry-is-trading-down-today">implement a reverse stock split</a>. 
What To Know: The move, subject to shareholder approval at a June 10 special meeting, proposes a split ratio between 1-for-10 and 1-for-20. This corporate action is aimed at boosting the per-share price and maintaining compliance with Nasdaq's minimum listing requirements.
CEO Irwin Simon said the <a href="https://www.benzinga.com/pressreleases/25/04/g44859783/tilray-brands-announces-proposed-reverse-stock-split-and-corresponding-special-meeting-of-stockhol">reverse split</a> will better align Tilray's share count with peers and help stabilize trading. While the fundamentals remain intact, reverse splits are often perceived negatively by investors, as they can signal financial struggles or weak stock performance.
Read Also: <a href="https://www.benzinga.com/25/04/44869117/whats-going-on-with-faraday-future-stock-thursday">What&#8217;s Going On With Faraday Future Stock Thursday?</a>
Though the split doesn't affect the company's market cap, it reduces the number of outstanding shares.
What Else: Tilray says the company expects over $1 million in annual cost savings from the measure and continues to emphasize its financial strength, including a recent $76 million debt reduction and $248 million in cash and marketable securities.
Despite Thursday&#8217;s volatility, Tilray also announced Thursday that the company is expanding globally, with <a href="https://www.benzinga.com/pressreleases/25/04/g44861025/tilray-medical-introduces-cannabis-edibles-in-australia">new cannabis edibles</a> in Australia and a U.S. launch of "Cruisies," its <a href="https://www.benzinga.com/pressreleases/25/04/g44861775/tilray-beverages-launches-cruisies-a-new-line-of-ready-to-drink-cocktails">summer-ready cocktail line</a>.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44873779/wall-street-rebounds-eli-lilly-rallies-unitedhealth-group-plummets-whats-driving-markets-thursday">Wall Street Rebounds, Eli Lilly Rallies, UnitedHealth Group Plummets: What&#8217;s Driving Markets Thursday?</a>
<h2 class="wp-block-heading">How To Buy TLRY Stock</h2>
By now you're likely curious about how to participate in the market for Tilray Brands &#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.
In the case of Tilray Brands, which is trading at $0.45 as of publishing time, $100 would buy you 222.22 shares of stock.
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>, TLRY has a 52-week high of $2.52 and a 52-week low of $0.43.

TLRY

Tilray Stock Hit A New 52-Week Low Today: What's Going On?

Citigroup analyst Paul Lejuez maintains Tapestry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) with a Buy and lowers the price target from $95 to $81.

Citigroup Maintains Buy on Tapestry, Lowers Price Target to $81

Citigroup analyst Paul Lejuez maintains Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) with a Neutral and lowers the price target from $14 to $11.

Citigroup Maintains Neutral on Macy's, Lowers Price Target to $11

Grant Cardone is a successful real estate investor and author of "The 10X Rule." He regularly shares business advice but has been getting more political as speculation about him running for California's next governor continues to grow.
He recently <a href="https://x.com/GrantCardone/status/1909397453129785674">posted on X</a> about what it takes to make a deal. The post came under the context of Trump's tariffs, but business owners can also benefit from Cardone's insights.
"It takes 4 things to make a deal," Cardone explained in the post.&nbsp;
If you want to make a business deal or close on a property, you will need these components.
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<h2 class="wp-block-heading">Decision Makers At The Table</h2>
Cardone starts off by mentioning decision makers. Sometimes, it's hard to make the deal because the decision makers are insulated by people who do not have the authority to make key decisions.
When you are pursuing an opportunity or an investment, you have to pinpoint the decision makers. You can find some decision makers based on an individual's occupation at a company. Other decision makers are accessible CEOs and founders.
<h2 class="wp-block-heading">Willingness &amp; Desire</h2>
Both parties must be willing to meet and desire a positive outcome. Dealmaking sometimes involves giving up on some of your preferences in favor of meeting somewhere in the middle. If a party isn't willing to budge, it can become more difficult to make a deal.
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
You can approach a deal fully eager to reach an agreement. If the other party isn't interested, you can explain some of the benefits of working together or reaching a mutually beneficial solution. Even if the other party isn't willing, you can use the other two parts of dealmaking to move the conversation in your favor.
<h2 class="wp-block-heading">Urgency&nbsp;</h2>
Urgency inspires action, and Parkinson's Law shows this phenomenon in full effect. According to this law, we do our best work right before the deadline. It's easy to push off work if the deadline is far away, but adding urgency to a deal can speed up the conclusion.
Instead of letting negotiations drag on for months, you can introduce urgency by saying that you would like to make a deal by the end of the day. The shortened time frame allows Parkinson's Law to work in your favor. While adding urgency doesn't guarantee that you will make a deal, it can work in your favor.
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<h2 class="wp-block-heading">Leverage</h2>
Cardone mentions leverage as the final thing you need to make a deal. When it comes to tariffs, Cardone said that leverage is Trump's greatest strength.
"Trump knows America only has one of the four points: leverage. Until decision makers have willingness, desire, and urgency to get a deal, there will not be a deal," he explained in the X post.&nbsp;
Leverage can include access to an audience, your skills, and capital. Trump views the strength of the American consumer as leverage, as Americans spend far more than any other country. Whether you're trying to win a trade war or grow your business, knowing these four components can help you land a good deal.
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Image: Shutterstock

Personal Finance

Grant Cardone Explains The Art Of Negotiating: 'It Takes 4 Things To Make A Deal'

On Wednesday, the Advisory Committee on Immunization Practices (ACIP) voted to expand its recommendation for the use of respiratory syncytial virus (RSV) vaccines approved for adults 50-59 years of age at increased risk of RSV-associated lower <a target="_blank" href="https://www.benzinga.com/general/health-care" rel="noreferrer noopener">respiratory tract disease (LRTD)</a>.
In June 2024, ACIP postponed a vote on a recommendation for adults aged 50-59 at increased risk for RSV-LRTD until additional <a target="_blank" href="https://www.benzinga.com/general/biotech/24/06/39522040/cdc-advisor-panel-recommends-rsv-shots-in-us-for-people-above-75-years-analyst-says-decision-nega" rel="noreferrer noopener">data becomes available</a>.
The update includes Pfizer Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) Abrysvo (Respiratory Syncytial Virus Vaccine), which the U.S. Food and Drug Administration approved in October 2024 for the prevention of RSV-associated LRTD in adults aged 18 to 59 at increased <a target="_blank" href="https://www.benzinga.com/general/biotech/24/10/41493556/fda-approves-pfizers-respiratory-syncytial-virus-vaccine-abrysvo-for-adults-below-60-years" rel="noreferrer noopener">risk of severe disease</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/04/44851905/trumps-new-order-targets-drug-pricing-transparency-and-medicare-cost-reduction" rel="noreferrer noopener">Trump&#8217;s New Order Targets Drug Pricing Transparency And Medicare Cost Reduction</a>
The recommendation also includes GSK plc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSK#NYSE">GSK</a>) Arexvy in adults aged 50-59 who are at increased risk <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b44853850/arexvy-recommended-for-adults-aged-50-59-at-increased-risk-for-severe-respiratory-syncytial-virus-" rel="noreferrer noopener">for severe RSV disease</a>.
This expands on ACIP&#8217;s previous vote in June 2024 to recommend RSV vaccines for adults aged 60-74 who are at increased risk and all adults aged 75 and older.
Arexvy is indicated for the prevention of LRTD caused by RSV in individuals 60 years of age and older and individuals 50 through 59 years of age who are at increased risk for LRTD caused by RSV.
According to the CDC, between 15,000 &#8211; 20,000 RSV-associated hospitalizations occur annually in U.S. adults <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b44852139/acip-votes-to-expand-recommendation-for-pfizers-rsv-vaccine-abrysvo-to-include-adults-aged-50-to-5" rel="noreferrer noopener">aged 50 &#8211; 59 years</a>.
A systematic review of studies in the U.S. shows that RSV is estimated to cause 42,000 hospitalizations each year in adults aged 50-64 years old.
GSK said the ACIP considered results from a phase 3 trial evaluating the immune response and safety of GSK&#8217;s RSV vaccine in adults aged 50-59, including those at increased risk for RSV-LRTD due to certain underlying medical conditions compared to older adults aged 60 years and older where efficacy has been demonstrated after a single dose of GSK&#8217;s RSV vaccine.
The updated recommendation does not benefit Moderna Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) mRNA-based RSV vaccine mRESVIA (mRNA-1345), which is currently approved for adults over 60 years.
William Blair notes Moderna shared Phase 3 data for mRNA-1345 in high-risk adults aged 18-59 at its 2024 R&amp;D Day event and has since submitted an application to the FDA for regulatory approval using a priority review voucher.&nbsp;The FDA <a target="_blank" href="https://investors.modernatx.com/news/news-details/2025/Moderna-Reports-Fourth-Quarter-and-Fiscal-Year-2024-Financial-Results-and-Provides-Business-Updates/default.aspx" rel="noreferrer noopener">has</a> accepted Moderna&#8217;s application and has assigned a PDUFA goal date of June 12, 2025.
Analyst Myles R. Minter highlights the Phase 3 trial of mRNA-1345 in over 1,000 high-risk individuals between ages 18 and 59. mRNA-1345 demonstrated non-inferior immunogenicity compared to adults age 60 or older for neutralizing antibodies against both RSV-A and RSV-B and a tolerable safety profile.
&#8220;If approved on time, we believe mRESVIA could be added to the updated age group recommendation during the scheduled June 25-26, 2025, ACIP meeting,&#8221; Minter said.
Price Action: PFE stock is up 1.07% 22.28, MRNA stock is down 2.30% at $24.62, and GSK stock is up 1.74% at $35.98 at the last check on Thursday.
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</ul>
Photo by pedro7merino via Shutterstock

Biotech

Large Cap

Health Care

MRNA

US Advisory Panel Votes To Expand Recommendation For Pfizer, GSK's RSV Vaccines For Older Adults Below 60 Years

Hertz Global Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) shares are ripping higher Thursday after rallying 56% on Wednesday following reports that Bill Ackman&#8217;s&nbsp;Pershing Square Capital Management built a sizable stake in the <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44853443/hertz-stock-accelerates-into-the-close-shares-continue-to-move-higher-after-hours-heres-why">rental car company</a>.
What Happened: Pershing Square revealed in a regulatory filing Wednesday that the firm purchased 12.71 million shares of Hertz as of Dec. 31, representing a stake of approximately 4.1%.
Late Wednesday, <a href="https://www.cnbc.com/2025/04/16/-hertz-surges-after-bill-ackman-takes-big-stake-in-the-rental-car-firm.html">CNBC's</a>&nbsp;Scott Wapner&nbsp;reported on "Closing Bell" that a person familiar with the matter said Pershing&#8217;s stake is actually significantly higher at 19.8%, making Ackman&#8217;s firm the company&#8217;s second-largest shareholder.
Wapner reported that Pershing Square received a confidential treatment provision from the U.S. Securities and Exchange Commission, allowing the firm to delay the filing beyond the normally required reporting period. 
&#8220;Which gave them the ability to accumulate substantially more shares since the end of December," Wapner said.
Hertz filed for <a href="https://www.benzinga.com/news/21/03/19944861/hertz-in-chapter-11-due-to-pandemic-will-emerge-with-new-owners-financing">Chapter 11 protection</a> during the COVID-19 pandemic. The company emerged from the restructuring in 2021 with a plan to shift its focus to electric vehicles, but losses mounted due to vehicle value declines. 
CNBC reported that Pershing is optimistic about a turnaround under new management. The source also reportedly said Pershing's bet is partially a tariff play since used cars aren't impacted by tariffs.
Hertz said in February that it was focused on &#8220;stabilizing the business&#8221; and implementing changes to &#8220;transform&#8221; the company.
Hertz shares are seeing a lot of attention on Thursday. The stock was the top trending ticker across multiple social sites at the time of writing. The company had a market cap of approximately $1.75 billion as of Wednesday&#8217;s close, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
HTZ Price Action: <a href="http://benzinga.com/quote/htz" target="_blank" rel="noreferrer noopener">Hertz Global shares</a> were up 40.3% at $8.01 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
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</ul>
Photo: ricochet64/Shutterstock.

Movers

Hertz Stock Is Racing Higher Thursday: What's Driving The Action?

BMO Capital Markets analyst Evan David Seigerman downgraded Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) from Outperform to Market Perform,<a target="_blank" href="https://www.benzinga.com/quote/NVO/analyst-ratings" rel="noreferrer noopener"> lowering the price forecast from $105 to $64.</a>
Per Seigerman, Novo Nordisk&#8217;s stock may underperform compared to peers in the cardiometabolic space, particularly Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>).
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44871681/lillys-diabetes-pill-clears-major-trial-analyst-points-to-global-potential" rel="noreferrer noopener">Lilly&#8217;s Diabetes Pill Clears Major Trial, Analyst Points To Global Potential</a>
The analyst highlights that Lilly&#8217;s drugs, Mounjaro and Zepbound, will likely keep gaining U.S. market share from Novo Nordisk&#8217;s Ozempic and Wegovy.
Seigerman noted that although Novo Nordisk initially benefited from being first to market with semaglutide, that early lead is quickly diminishing.
Eli Lilly&#8217;s tirzepatide is rapidly capturing market share, and the analyst projects this momentum to continue.
The analyst pointed out that recent clinical comparisons have shown tirzepatide outperforming semaglutide, and this advantage is already reflected in U.S. script data.
According to Seigerman, tirzepatide&#8217;s continued growth to further slow the momentum of Novo Nordisk&#8217;s Wegovy and Ozempic.
In the near term, the analyst is doubtful that Novo Nordisk&#8217;s upcoming drug CagriSema will be able to effectively compete, citing disappointing results from the REDEFINE trial.
With additional drugs like orforglipron and retatrutide in Lilly&#8217;s pipeline, the competitive pressure on Novo Nordisk is likely to intensify going forward.
Additionally, upcoming data on orforglipron could introduce more competition and weigh on Novo Nordisk&#8217;s stock.
Overall, the analyst does not expect the company&#8217;s 2025 developments to be strong enough to reverse this trend or significantly boost its market position.
Price Action: Novo Nordisk shares are trading lower by 7.1% to $58.41 at last check Thursday.
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Equities

Markets

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Novo Nordisk May Lag Behind Eli Lilly In Cardiometabolic Race, Analyst Downgrades Stock

The U.S. Treasury&#8217;s cash balance sharply increased during <a href="https://www.benzinga.com/government/regulations/25/04/44803590/federal-tax-return-deadline-looms-what-to-know-about-extensions-payments-late-filings">2025&#8217;s tax season</a> as collections rose from the previous year&#8217;s season.
What Happened: The Treasury&#8217;s cash balance rose by $185 billion on Tuesday, the U.S. deadline to file tax returns for the previous year, <a href="https://www.bloomberg.com/news/articles/2025-04-17/tax-collections-boost-treasury-s-cash-pile-by-most-since-2022">according </a>to Bloomberg. This represents the largest one-day increase since 2022. On the whole, tax receipts are substantially higher than they were in 2024.
The department&#8217;s cash pile is now $600 billion, the highest tally since February. This is still substantially lower than the account&#8217;s balance through 2024.
The tax collection increase is linked to a surge in individual, non-withheld taxes paid electronically, according to Bloomberg.
Why it Matters: This influx gives the Treasury more flexibility to manage short-term funding needs, avoid disruptions such as debt ceiling standoffs and reduce reliance on borrowing. Politicians in Washington reluctantly <a href="https://www.benzinga.com/news/25/01/43072897/janet-yellen-warns-us-could-hit-debt-ceiling-on-tuesday-suspends-investments-in-2-government-employee-benefit-funds">raised the debt ceiling</a> earlier this year; a default could be catastrophic for the U.S. economy.
A higher cash balance also gives the Treasury more leverage in timing debt issuance, potentially reducing borrowing costs if rates remain volatile. It signals to markets that the government is on a stronger footing, which can help stabilize investor sentiment amid ongoing uncertainty about inflation, interest rates and the Federal Reserve's next moves.
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Tax Collections Tick Up As Treasury Ledgers Elevate Cash Baance

DA Davidson analyst Manuel Navas maintains Fulton Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FULT#NASDAQ">FULT</a>) with a Neutral and lowers the price target from $20 to $17.

FULT

DA Davidson Maintains Neutral on Fulton Financial, Lowers Price Target to $17

DA Davidson analyst Peter Winter maintains U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) with a Buy and lowers the price target from $54 to $49.

DA Davidson Maintains Buy on U.S. Bancorp, Lowers Price Target to $49

DA Davidson analyst Peter Heckmann maintains Donnelley Financial Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFIN#NYSE">DFIN</a>) with a Buy and lowers the price target from $72 to $64.

DFIN

DA Davidson Maintains Buy on Donnelley Financial Solns, Lowers Price Target to $64

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Shares of retail, apparel and e-commerce stocks are trading higher. Some stocks in the sector may be higher amid hopes of a US-China trade deal. Additionally, discount store stocks could be benefitting from broader economic concerns. E-commerce stocks may also be up up Chinese discount retailers Temu and Shein planning to increase prices.

Editor&rsquo;s note: This article was originally published in May 2024. Some time references have been updated as of April 2025 for clarity and context.
&ldquo;Imagine if it was never prohibited. <a href="https://www.benzinga.com/cannabis">Cannabis</a> would be a trillion-dollar industry that was ours,&rdquo; says <a href="https://elplanteo.com/dreka-gates/">Dreka Gates</a> in an exclusive interview, reflecting on the historical and social implications of cannabis prohibition and its disproportionate impact on Black and Brown communities in America and beyond. As an accomplished entrepreneur &ndash; and wife of rapper Kevin Gates, Dreka is carving out a significant space for herself in the wellness and cannabis industries, driven by a profound personal connection to plant medicine.
Dreka&#39;s journey with cannabis began in her teen years with a challenging first encounter. &quot;My first time smoking was an absolutely horrible experience,&quot; she admits. Paranoia and anxiety marked her initial attempt, but her curiosity pushed her to try again. This time, cannabis provided a sense of relaxation and openness that became central to her wellness routine. Today, Dreka uses cannabis to manage anxiety and incorporates other therapeutic plants and fungi into her daily regimen. &quot;I also microdose with psychedelic mushrooms for healing past traumas and functional mushrooms daily,&quot; she explains.
Her holistic approach to wellness is deeply rooted in personal experience and education. Dreka took a three-day crash course at Oaksterdam University in Oakland in 2016, which covered everything from seed to sale, business and growing aspects of cannabis. This foundation empowered her to enter the cannabis industry with confidence and expertise.
<h3>A Crop Harvested With Love</h3>
In 2021, a Michigan-based cannabis company offered Dreka a partnership, where she took on roles in marketing and research and development. This opportunity was a stepping stone to her solo venture, Love&#39;s Harvest, based in Mississippi.
<img alt="Dreka Gates" src="https://imageio.forbes.com/specials-images/imageserve/66467015fbaf8728f0e4ab30/Dreka-Gates/960x0.jpg?format=jpg&amp;width=1440" style="height:450px; width:296px" />
Dreka Gates. SHANNON LAURINEX
&quot;Love&#39;s Harvest is my love, my harvest,&quot; she says, describing her cannabis operation. Her vision for Love&#39;s Harvest is to create a space that educates and destigmatizes cannabis use, particularly in the conservative Bible Belt. &quot;I&#39;m still in the Bible Belt, and a lot of people still look at it like, &#39;Oh, that&#39;s dope, that&#39;s a drug,&#39;&quot; she explains.
However, she is confident in her ability to educate and transform these outdated views, showing that cannabis can be a powerful tool for wellness and healing. &quot;You can literally just plant a seed outside in your backyard and you don&#39;t have to do anything to it. It&#39;ll just grow and it&#39;ll just be there. How can this possibly be illegal?&quot; she adds.
<h3>Weed Wellness</h3>
The wellness market in the U.S. is booming,&nbsp;<a href="https://www.luxurytribune.com/en/the-wellness-industry-a-market-valued-at-1-5-trillion-dollars" rel="nofollow noopener noreferrer" target="_blank" title="https://www.luxurytribune.com/en/the-wellness-industry-a-market-valued-at-1-5-trillion-dollars">valued</a>&nbsp;at over $1.5 trillion and still projected to grow steadily each year. Similarly, the cannabis market is experiencing rapid expansion, with&nbsp;<a href="https://www.forbes.com/sites/irisdorbian/2021/06/18/legal-cannabis-market-projected-to-rack-up-43-billion-by-2025-says-new-study/?sh=557f6d8e36b4" target="_self" title="https://www.forbes.com/sites/irisdorbian/2021/06/18/legal-cannabis-market-projected-to-rack-up-43-billion-by-2025-says-new-study/?sh=557f6d8e36b4">estimates</a>&nbsp;suggesting it could reach $43 billion in 2025 &mdash; a milestone the industry is now approaching. Dreka&#39;s dual focus on wellness and cannabis positions her uniquely at the intersection of these lucrative industries. She has been developing a line of products that blend cannabis with other herbs and plants, including topicals, pills and edibles. &quot;Some people are so accustomed to taking pills,&quot; she notes, &quot;so we have those too.&quot;
<img alt="Dreka Gates" src="https://imageio.forbes.com/specials-images/imageserve/66466feb6f70c796d21d2f57/Dreka-Gates/960x0.jpg?format=jpg&amp;width=1440" style="height:416px; width:624px" />
Dreka Gates. SHANNON LAURINEX
Her efforts aim to make medication approachable and enjoyable. &quot;It&#39;s instilled in us that medication has to feel bad to be therapeutic,&quot; she reflects. Dreka challenges this notion by offering products that are both effective and pleasant to use. &quot;But aside from that, it has so many benefits recreationally and medicinally. For those people that just want to take the edge off after they get home from a long day&#39;s work or something, it&#39;s good for that.&quot; Her goal is to meet people where they are, providing options that suit different preferences and lifestyles.
Dreka&#39;s holistic approach to wellness extends beyond the physical products she offers. She is also passionate about creating experiences that foster healing and growth. She has hosted retreats and pop-up events designed to merge wellness and cannabis, offering participants a comprehensive approach to health that addresses mental, physical and spiritual needs. &quot;My intention is to create educational programs and retreats where people can experience what it&#39;s like for wellness and cannabis to be one,&quot; she says.
The wellness retreats feature a variety of activities, including yoga, meditation and educational workshops on the benefits of cannabis and other plant medicines. These events are part of her broader vision to destigmatize cannabis and integrate it into mainstream wellness practices. &quot;Cannabis is just another plant that has the ability to really heal and make us feel better,&quot; Dreka asserts.
<h3>&lsquo;Lock In On That Vision And Just Go For It&rsquo;</h3>
Dreka&#39;s dedication to wellness and cannabis isn&#39;t just about personal gain; it&#39;s about community empowerment and education. Her path took a significant turn when she and her husband, Kevin Gates, co-founded the Breadwinners Association. Initially a record label, the Breadwinners Association expanded its work into the lifestyle realm, creating a brand that resonated deeply with the Gates&rsquo; audience. &quot;It&#39;s all about building a solid foundation and creating an organic community,&quot; she says.
<img alt="Dreka Gates" src="https://imageio.forbes.com/specials-images/imageserve/664670a79db3fcef0cfedaac/Dreka-Gates/960x0.jpg?format=jpg&amp;width=1440" style="height:450px; width:297px" />
Dreka Gates. SHANNON LAURINEX
This philosophy seamlessly transitioned into her wellness and cannabis businesses. At Love&#39;s Harvest, Dreka aims to provide a sanctuary where people can learn about and experience the benefits of cannabis in a supportive environment. &quot;I want people to walk in and feel like they&#39;re being transported to a different place,&quot; she explains, discussing her dispensary. In fact, the store is a place reminiscent of Tulum, Mexico, a nod to where her healing journey began, she says.
Dreka&#39;s entrepreneurial journey is marked by a relentless pursuit of her vision, despite numerous challenges. She acknowledges the obstacles she has faced, particularly as a woman in a male-predominantly industry like entertainment is. Yet, her experience with cannabis has been different: &quot;Most of the people I interact with in the cannabis space are women,&quot; she notes, challenging the perception of cannabis as a male-dominated field. What&rsquo;s more, Dreka encourages other women to pursue their passions in the industry, emphasizing that they too can create their own space and make a significant impact.
Her background in the entertainment industry has equipped her with unique skills that she applies to her cannabis and wellness ventures. From booking gigs for Kevin at $250 to negotiating six-figure deals, Dreka has honed her business acumen and strategic thinking. These experiences have taught her the importance of risk-taking and staying true to one&#39;s vision. &quot;Once you have your vision, lock in on that vision and just go for it,&quot; she advises. &quot;Be creative and do what feels good to you.&quot;
<h3>A Mission To Destigmatize Cannabis</h3>
One of Dreka&#39;s key initiatives is developing a line of products that combine cannabis with other beneficial herbs and plants. &quot;We&#39;re doing an entire line,&quot; she says, emphasizing the variety of products she plans to introduce. These products are not only intended for recreational use but are also formulated to address specific health concerns, making them a versatile addition to the wellness market.
Dreka&#39;s commitment to education is a cornerstone of her business strategy. She understands that changing perceptions about cannabis requires more than just offering products; it involves educating the public about the plant&#39;s benefits and uses. Through Love&#39;s Harvest, she aims to provide a space where people can learn about cannabis in a supportive and informative environment. &quot;My intention is to destigmatize the use of cannabis and to make it not so taboo,&quot; she explains.
In addition to her product lines and educational efforts, Dreka is also focused on creating community-driven experiences. Her retreats and pop-up events offer participants an immersive experience that combines wellness practices with cannabis education. These events provide an opportunity for individuals to explore the benefits of cannabis in a holistic setting, fostering a deeper understanding and appreciation of the plant.
<img alt="Dreka Gates" src="https://imageio.forbes.com/specials-images/imageserve/664670c1091d57f90faf7f84/Dreka-Gates/960x0.jpg?format=jpg&amp;width=1440" style="height:416px; width:624px" />
Dreka Gates. SHANNON LAURINEX
Dreka&#39;s approach to business is deeply personal, drawing on her own experiences and passions. She sees herself as a healer at heart, a role that guides her work in both the wellness and cannabis industries. &quot;I&#39;m sharing tools for healing past traumas and achieving full-body wellness. I&#39;m working on sex and love certification, being a doula, and creating educational programs and retreats.&quot; This perspective is reflected in her plans for future ventures, which include expanding her reach and influence through collaborations and partnerships.
As cannabis rescheduling becomes more likely, Dreka remains optimistic about the future of the cannabis and wellness industries. She believes that as more people become educated about the benefits of cannabis, societal perceptions will continue to shift, leading to greater acceptance and integration of the plant into mainstream wellness practices. &quot;I&#39;m just here having fun and living out my purpose,&quot; she concludes, displaying the joy and fulfillment she finds in her work. &quot;Women should just go for it and create their own space in cannabis.&quot;
Follow me on&nbsp;<a href="https://www.twitter.com/javierhasse" rel="nofollow noopener noreferrer" target="_blank">Twitter</a>&nbsp;or&nbsp;<a href="https://www.linkedin.com/in/javierhasse/" rel="nofollow noopener noreferrer" target="_blank">LinkedIn</a>.&nbsp;Check out&nbsp;my&nbsp;<a href="https://elplanteo.com/" rel="nofollow noopener noreferrer" target="_blank">website</a>&nbsp;or&nbsp;some of my other work&nbsp;<a href="https://benzinga.com/cannabis" rel="nofollow noopener noreferrer" target="_blank">here</a>.&nbsp;
This article was originally published on <a href="https://www.forbes.com/sites/javierhasse/2024/05/17/dreka-gates-cannabis-would-be-a-trillion-dollar-industry-for-black-brown-communities-if-it-had-never-been-illegal/">Forbes</a> and appears here with permission.&nbsp;The article is from an external source. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.
Photo by&nbsp;Shannon Laurinex, courtesy of Dreka Gates.

Cannabis

Dreka Gates: 'Cannabis Would Be A Trillion-Dollar Industry For Black And Brown Communities—If It Hadn't Been Criminalized'

Plug Power, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) shares are <a target="_blank" href="https://www.benzinga.com/news" rel="noreferrer noopener">trading lower on Thursday</a>. The company&#8217;s joint venture with Olin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>), named Hidrogenii, officially launched operations at its new hydrogen liquefaction facility in St. Gabriel, Louisiana—one of the largest of <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/g44860452/hidrogenii-a-plug-and-olin-joint-venture-commissions-15-ton-per-day-hydrogen-liquefaction-plant-in" rel="noreferrer noopener">its kind in North America.</a>
The plant, capable of liquefying up to 15 metric tons of hydrogen per day, will serve Plug&#8217;s material handling customers nationwide.
The move marks a significant step toward building a robust U.S.-based hydrogen supply chain and underscores Plug&#8217;s ongoing effort to scale its green energy production network, the company said in a press release.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/04/44868280/us-listed-chinese-stocks-face-250-billion-forced-selling-risk-as-delisting-fears-emerge-what-investors-need-to-know" rel="noreferrer noopener">US-Listed Chinese Stocks Face $250 Billion Forced Selling Risk As Delisting Fears Emerge: What Investors Need To Know</a>
Hydrogen for the St. Gabriel plant will be produced by Olin and distributed via trailers under Plug&#8217;s spot pricing model.
With this addition, Plug&#8217;s total hydrogen production capacity now reaches 40 metric tons per day, including output from its existing Georgia and Tennessee facilities.
The company emphasized the cost and reliability benefits of sourcing domestically produced hydrogen, which reduces its reliance on external suppliers.
&#8220;This Louisiana plant, a milestone in expanding our U.S. hydrogen network, bolsters our financial position by leveraging a dependable, cost-effective hydrogen source,&#8221; said Andy Marsh, CEO of Plug Power.
He noted that this development helps strengthen the company&#8217;s operational foundation while supporting growth.
Ken Lane, President and CEO of Olin, described the joint venture as aligned with Olin&#8217;s strategic priorities. Lane called it &#8220;a value-first approach&#8221; that builds on core competencies through adjacent, capital-efficient projects.
Formed in 2022, Hidrogenii was created to develop and operate hydrogen infrastructure.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, PLUG stock has lost over 66% in the past year. Investors can gain exposure to the stock via&nbsp;Global X Hydrogen ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYDR#NASDAQ">HYDR</a>).
Price Action: PLUG shares are trading lower by 1.79% to $0.90 at last check on Thursday.
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Photo by T. Schneider via Shutterstock

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PLUG

What's Going On With Plug Power Stock On Thursday?

Press Releases

MicroCloud Hologram Inc. Announces It Has Purchased Up to $200 Million in Bitcoin and Cryptocurrency-Related Securities Derivatives, with Total Accumulated Dividends Reaching $8.13 Million

/C O R R E C T I O N -- MicroCloud Hologram Inc./

MicroCloud Hologram Inc. Invests to Develop Hybrid Public Recognition Algorithm  Technology Based on Bitcoin Blockchain

MicroCloud Hologram Inc. Researches a Continuous Control Modulation-Based Two-Qubit (Two Quantum Bits) Dephasing Noise Spectral Protocol

MicroCloud Hologram Inc. Researches an Efficient High-Dimensional Quantum Key Distribution Protocol Based on Quantum Fourier Transform for Quantum Transmission

MicroCloud Hologram Inc. Researches CV-QNN (Continuous Variable Quantum Neural Networks) Technology and Builds Variational Quantum Circuits Embedded in CV Architecture

MicroCloud Hologram Inc. Utilizes Matrix Product States to Achieve High-Precision Quantum State Preparation with Mirror-Symmetric Probability Distribution

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