La vendita allo scoperto per Matterport dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Matterport. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Matterport (NASDAQ:MTTR) Azioni, Report sulle vendite allo scoperto

Matterport

Matterport Inc is a spatial data company focused on digitizing and indexing the built world. Its all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin which can be used to design, build, operate, promote, and understand any space. The Company recognizes revenue from subscription, license, services and sale of products. Majority of the revenue is generated in the form of subscription fees which it receives from the customers for providing them access to Matterport platform.

Matterport Inc

Mattr Corp

Ceconomy AG

<p>RBC Capital  analyst Sabahat Khan   maintains Toromont Industries (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TIH#TSX">TIH</a>) with a Outperform and lowers the price target from C$142 to C$138.</p>


News

Price Target

Analyst Ratings

TSX:TIH

RBC Capital Maintains Outperform on Toromont Industries, Lowers Price Target to C$138

<p>BMO Capital  analyst Michael Zaremski   maintains Arch Capital Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NASDAQ">ACGL</a>) with a Market Perform and raises the price target from $98 to $104.</p>


ACGL

BMO Capital Maintains Market Perform on Arch Capital Group, Raises Price Target to $104

<p>RBC Capital  analyst Maurice Choy   maintains TransAlta (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TA#TSX">TA</a>) with a Outperform and raises the price target from C$14 to C$16.</p>


TSX:TA

RBC Capital Maintains Outperform on TransAlta, Raises Price Target to C$16

<p><strong>Bitcoin</strong>&nbsp;(CRYPTO:&nbsp;<a href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining stocks&nbsp;<strong>MARA Holdings&nbsp;Inc</strong>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>),&nbsp;<strong>Riot Platforms&nbsp;Inc</strong>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>)&nbsp;and&nbsp;<strong>CleanSpark&nbsp;Inc</strong>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) are surging Wednesday morning after <strong>Donald Trump</strong> was elected as the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41770352/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies">next president of the United States</a>.</p>
<p><strong>What To Know:</strong> Broader markets are ripping higher in early trading Wednesday after Trump secured a second term as investors expect U.S.-focused companies to benefit from potential lower taxes and tariffs.</p>
<p>Crypto markets appear to be among the biggest immediate beneficiaries with <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) hitting new all-time highs above $75,000 and several other popular cryptocurrencies surging on the election results. Trump has positioned himself as a pro-crypto candidate.</p>
<p>Bitcoin mining stocks are outpacing gains in underlying cryptocurrencies in early trading Wednesday. Trump said earlier this year that he wanted all Bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39289772/donald-trump-wants-all-the-remaining-bitcoin-to-be-made-in-the-usa">to be made in the U.S.</a></p>
<p><strong>Check This Out: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41770352/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies">Bitcoin&#8217;s Future Under President-Elect Donald Trump: A Look At His Crypto Policies</a></strong></p>
<p>MARA Holdings, Riot and CleanSpark all released&nbsp;<a href="https://www.benzinga.com/pressreleases/24/11/n41714046/cleanspark-releases-october-2024-bitcoin-mining-update">mining updates for October</a> at the beginning of the week. Here&#8217;s a look at how the miners stack up against each other.</p>
<ul>
<li>MARA Holdings mined 717 bitcoin in October, up 2% month-over-month. The company said it held a total of 27,562 bitcoin as of Oct. 31.</li>
</ul>
<ul>
<li>Riot mined 505 bitcoin in October, up 23% month-over-month. The company said it held 10,928 bitcoin as of the end of the month.</li>
</ul>
<ul>
<li>CleanSpark mined 655 bitcoin in October, up 32% on a month-over-month basis. The company had total bitcoin holdings of 8,701 as of Oct. 31.</li>
</ul>
<p>Bitcoin was up about 7% over a 24-hour period, trading around $74,640 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.</p>
<p><strong>MARA, RIOT, CLSK:</strong> At publication time, MARA shares were up 9.21% at $17.73, Riot shares were up 12.3% at $10.90 and CleanSpark shares were up 11.6% at $11.74, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.</p>
<p><em>Photo: Shutterstock.</em></p>


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

Cryptocurrency

Movers

$BTC

CLSK

MARA

RIOT

Bitcoin Mining Stocks MARA Holdings, Riot Platforms And CleanSpark Are Charging Higher Wednesday: What's Going On?

<p>Wells Fargo  analyst Michael Sison   maintains DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Overweight and raises the price target from $105 to $107.</p>


Wells Fargo Maintains Overweight on DuPont de Nemours, Raises Price Target to $107

<p>Wells Fargo  analyst Joseph O'Dea   maintains Emerson Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) with a Overweight and raises the price target from $128 to $135.</p>


Wells Fargo Maintains Overweight on Emerson Electric, Raises Price Target to $135

<p>Movie theater company <strong>AMC Entertainment Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) could highlight market share gains and a strong box office performance when the company reports third-quarter financial results Wednesday<a href="https://www.benzinga.com/earnings"> after the market close.</a></p>
<p>AMC <strong>Earnings Estimates: </strong>Analysts expect AMC to report third-quarter revenue of $1.33 billion, down from $1.41 billion in last year's third quarter, according to data <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110624&amp;t=be2bearmibe3na1">from Benzinga Pro.</a></p>
<p>The company has beaten revenue estimates from analysts in nine of the last 10 quarters, missing in the most recently reported second quarter.</p>
<p>Analysts expect the company to report a loss of 11 cents per share, compared to a loss of 9 cents per share in last year's third quarter. The company has beaten analyst estimates for earnings per share in seven of the last eight quarters, meeting expectations in the most recently reported second quarter.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/41073813/amc-survival-against-challenging-sector-brings-magic-comparison-harry-houdini-works-at-amc">AMC Survival Against Challenging Sector Brings Magic Comparison: &#8216;Harry Houdini Works At AMC&#8217;</a></strong></p>
<p><strong>What AMC</strong> <strong>Analysts Are Saying</strong>: Wedbush analyst Alicia Reese <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40165453/amc-stock-to-remain-volatile-after-q2-results-analysts-praise-market-share-gains-ca">detailed the company's</a> potential market share gains in an investor note after second-quarter financial results.</p>
<p>The analyst, who has a Neutral rating and a $4 price target, said the company needs to reduce its high debt load to help with future growth.</p>
<p>"AMC can also drive revenue growth in Europe with theater upgrades. However, it is unlikely to do so until it works through balance sheet right-sizing," Reese said.</p>
<p>The analyst said a large network of premium screens and concert movie distribution deals could help "justify its premium valuation," but cautioned on more potential capital needed to cover interest payments.</p>
<p>&#8220;We expect AMC&#8217;s shares to remain volatile as its shareholders dislike its frequent share issuances.&#8221;</p>
<p>Benchmark analyst Mike Hickey said AMC's second quarter saw a strong performance with several box office hits.</p>
<p>The analyst, who has a Market Weight rating and no price target, said the concession revenue per attendee was up in the second quarter for domestic theaters along with higher average ticket prices, positives for the company.</p>
<p><strong>Key Items to Watch From AMC: </strong>The third-quarter box office rose 0.6% year-over-year domestically according to <a href="https://www.boxofficemojo.com/quarter/q3/?grossesOption=calendarGrosses">data </a>from BoxOfficeMojo. The quarter saw hit films like "Deadpool &amp; Wolverine," "Despicable Me 4," "Twisters" and "Beetlejuice Beetlejuice" released.</p>
<p>AMC's quarterly report comes after peer <strong>Cinemark Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) <a href="https://www.benzinga.com/news/earnings/24/10/41660851/whats-going-on-with-cinemark-holdings-stock-thursday">reported quarterly earnings </a>that saw earnings per share and revenue both beat analyst estimates. The <span style="box-sizing: border-box; margin: 0px; padding: 0px;">company&#8217;s shar</span>es rose after the report, and analysts raised<a href="https://www.benzinga.com/quote/CNK/analyst-ratings"> their price targets.</a></p>
<p>Cinemark said the third quarter box office exceeded expectations and was the highest quarterly total since the COVID-19 pandemic.</p>
<p>A similar report from AMC could go a long way toward showing a box office recovery and growth ahead.</p>
<p>Fourth-quarter domestic box office hasn't been as strong, with "Venom: The Last Dance" the current top film of the quarter at $92.0 million. Upcoming movies like "Gladiator II," "Moana 2," "Wicked," "Sonic the Hedgehog 3" and "Mufasa: The Lion King" could bring optimism for a strong end to the year for movie theater companies.</p>
<p><span style="box-sizing: border-box; margin: 0px; padding: 0px;">AMC CEO <strong>Adam Aron </strong>has been more optimistic about upcoming years than 2024, which could be echoed in his commentary on Wednesday.</span></p>
<p>&#8220;With a long list of blockbuster movie titles opening in theaters during the remainder of the year and into 2025 and 2026, the industry-wide box office now appears to us to be poised for sustained growth. Looking ahead, we believe that bodes ever so well for the increasing cash generation potential from AMC&#8217;s movie theaters both at home and abroad," Aron said earlier this year.</p>
<p><strong>AMC Price Action:</strong> AMC stock was up 2.3% to $4.50 on Wednesday versus a 52-week trading range of $2.38 to $11.88. AMC stock is down 28% year-to-date in 2024.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/general/entertainment/24/05/39010959/amc-ceo-says-were-still-here-how-taylor-swift-popcorn-buckets-help-movie-theater-from-going">AMC CEO Says &#8216;We&#8217;re Still Here&#8217;: How Taylor Swift, Popcorn Buckets Help Movie Theater From Going &#8216;Kaplooey&#8217;</a></strong></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Entertainment

Previews

Trading Ideas

AMC Q3 Earnings Preview: Can 'Deadpool & Wolverine' Box Office Strength Lift Stock?

<p>Wells Fargo  analyst Jason Haas   maintains UL Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ULS#NYSE">ULS</a>) with a Overweight and raises the price target from $56 to $62.</p>


Wells Fargo Maintains Overweight on UL Solutions, Raises Price Target to $62

<p><a href="https://thebearcave.substack.com/p/problems-at-viasat-vsat" title="https://thebearcave.substack.com/p/problems-at-viasat-vsat">https://thebearcave.substack.com/p/problems-at-viasat-vsat</a></p>


VSAT

Watching Viasat; The Bear Cave Newsletter Issues Report Titled 'Problems at Viasat (VSAT)'

<p>Susquehanna  analyst Christopher Rolland   maintains NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) with a Neutral and lowers the price target from $260 to $250.</p>


NXPI

Susquehanna Maintains Neutral on NXP Semiconductors, Lowers Price Target to $250

<p>Wells Fargo  analyst Jason Haas   maintains Gartner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IT#NYSE">IT</a>) with a Underweight and raises the price target from $460 to $470.</p>


Wells Fargo Maintains Underweight on Gartner, Raises Price Target to $470

<p>Susquehanna  analyst Christopher Rolland   maintains Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Positive and lowers the price target from $95 to $90.</p>


MCHP

Susquehanna Maintains Positive on Microchip Technology, Lowers Price Target to $90

<p>Financial giants have made a conspicuous bearish move on Freeport-McMoRan. Our analysis of options history for Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) revealed 16 unusual trades.</p>
<p>Delving into the details, we found 31% of traders were bullish, while 56% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $57,912, and 14 were calls, valued at $1,995,172.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $33.0 and $50.0 for Freeport-McMoRan, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Freeport-McMoRan's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Freeport-McMoRan's whale activity within a strike price range from $33.0 to $50.0 in the last 30 days. </p>
<h3>Freeport-McMoRan Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730907075_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.6</td>
<td>$1.55</td>
<td>$1.55</td>
<td>$50.00</td>
<td>$520.3K</td>
<td>35.4K</td>
<td>5.1K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.54</td>
<td>$1.43</td>
<td>$1.5</td>
<td>$50.00</td>
<td>$506.2K</td>
<td>35.4K</td>
<td>10.7K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$1.54</td>
<td>$1.51</td>
<td>$1.51</td>
<td>$50.00</td>
<td>$204.1K</td>
<td>35.4K</td>
<td>5.1K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.49</td>
<td>$1.48</td>
<td>$1.49</td>
<td>$50.00</td>
<td>$139.3K</td>
<td>35.4K</td>
<td>7.4K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.45</td>
<td>$1.43</td>
<td>$1.43</td>
<td>$50.00</td>
<td>$98.6K</td>
<td>35.4K</td>
<td>6.4K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Freeport-McMoRan</h3>
<p>Freeport-McMoRan Inc is an international mining company. It has organized its mining operations into four primary divisions: North America copper mines, South America mining, Indonesia mining and Molybdenum mines. Its reportable segments include the Morenci, Cerro Verde and Grasberg (Indonesia mining) copper mines, the Rod &amp; Refining operations and Atlantic Copper Smelting and Refining. It derives key revenue from the sale of Copper.</p>
<p>After a thorough review of the options trading surrounding Freeport-McMoRan, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Freeport-McMoRan's Current Market Status</h3>
<ul>
<li>With a volume of 3,545,458, the price of FCX is down -2.09% at $46.01. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 77 days.</li>
</ul>
<h3>Professional Analyst Ratings for Freeport-McMoRan</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $54.25.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Raymond James keeps a Outperform rating on Freeport-McMoRan with a target price of $57.<br />
&#x2A; An analyst from Scotiabank has decided to maintain their Sector Perform rating on Freeport-McMoRan, which currently sits at a price target of $53.<br />
&#x2A; Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Perform rating for Freeport-McMoRan, targeting a price of $52.<br />
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Freeport-McMoRan, targeting a price of $55. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Freeport-McMoRan, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

This Is What Whales Are Betting On Freeport-McMoRan

<p>Financial giants have made a conspicuous bullish move on Mastercard. Our analysis of options history for Mastercard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 33% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $98,538, and 7 were calls, valued at $507,653.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $390.0 to $530.0 for Mastercard during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Mastercard stands at 232.62, with a total volume reaching 226.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Mastercard, situated within the strike price corridor from $390.0 to $530.0, throughout the last 30 days.</p>
<h3>Mastercard Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730907070_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$124.65</td>
<td>$121.65</td>
<td>$123.99</td>
<td>$400.00</td>
<td>$99.1K</td>
<td style="text-align: right;">487</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>MA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$133.4</td>
<td>$129.0</td>
<td>$129.0</td>
<td>$420.00</td>
<td>$90.4K</td>
<td style="text-align: right;">183</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>MA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$155.85</td>
<td>$153.5</td>
<td>$153.55</td>
<td>$390.00</td>
<td>$76.7K</td>
<td style="text-align: right;">33</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>MA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$150.35</td>
<td>$145.25</td>
<td>$145.25</td>
<td>$400.00</td>
<td>$72.6K</td>
<td style="text-align: right;">198</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>MA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$7.05</td>
<td>$6.9</td>
<td>$7.05</td>
<td>$520.00</td>
<td>$70.6K</td>
<td style="text-align: right;">801</td>
<td style="text-align: right;">98</td>
</tr>
</tbody>
</table>
</p>
<h3>About Mastercard</h3>
<p>Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.</p>
<h3>Current Position of Mastercard</h3>
<ul>
<li>With a volume of 778,613, the price of MA is up 2.7% at $519.19. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 84 days.</li>
</ul>
<h3>Professional Analyst Ratings for Mastercard</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $565.2.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Macquarie keeps a Outperform rating on Mastercard with a target price of $565.<br />
&#x2A; An analyst from Keybanc persists with their Overweight rating on Mastercard, maintaining a target price of $580.<br />
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Mastercard, maintaining a target price of $544.<br />
&#x2A; Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Mastercard, targeting a price of $605.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for Mastercard, targeting a price of $532. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Mastercard with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Mastercard Options Trading: A Deep Dive into Market Sentiment

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Moderna</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MRNA, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Moderna.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 36% bullish and 54%, bearish.</p>
<p>Out of all of the special options we uncovered, 4 are puts, for a total amount of $214,735, and 7 are calls, for a total amount of $478,040.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $130.0 for Moderna over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Moderna's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Moderna's whale activity within a strike price range from $40.0 to $130.0 in the last 30 days. </p>
<h3>Moderna Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730907065_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MRNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$1.31</td>
<td>$1.27</td>
<td>$1.31</td>
<td>$60.00</td>
<td>$107.5K</td>
<td>2.9K</td>
<td>1.6K</td>
</tr>
<tr>
<td>MRNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$3.55</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$50.00</td>
<td>$105.8K</td>
<td>4.7K</td>
<td>513</td>
</tr>
<tr>
<td>MRNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$16.7</td>
<td>$16.65</td>
<td>$16.65</td>
<td>$40.00</td>
<td>$88.2K</td>
<td>40</td>
<td>150</td>
</tr>
<tr>
<td>MRNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$17.0</td>
<td>$16.65</td>
<td>$16.65</td>
<td>$40.00</td>
<td>$78.2K</td>
<td>40</td>
<td>97</td>
</tr>
<tr>
<td>MRNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$17.4</td>
<td>$16.65</td>
<td>$16.65</td>
<td>$40.00</td>
<td>$73.2K</td>
<td>40</td>
<td>50</td>
</tr>
</tbody>
</table>
</p>
<h3>About Moderna</h3>
<p>Moderna is a commercial-stage biotech that was founded in 2010 and had its initial public offering in December 2018. The firm's mRNA technology was rapidly validated with its covid vaccine, which was authorized in the United States in December 2020. Moderna had 40 mRNA development candidates in clinical development as of September 2024. Programs span a wide range of therapeutic areas, including infectious disease, oncology, cardiovascular disease, and rare genetic diseases.</p>
<h3>Where Is Moderna Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 3,021,467, with MRNA's price down by -1.31%, positioned at $52.59.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 1 days.</li>
</ul>
<h3>Professional Analyst Ratings for Moderna</h3>
<p>A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $69.25.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Bernstein has revised its rating downward to Market Perform, adjusting the price target to $55.<br />
&#x2A; An analyst from UBS persists with their Buy rating on Moderna, maintaining a target price of $108.<br />
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Underweight rating for Moderna, targeting a price of $59.<br />
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Hold rating on Moderna with a target price of $55. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Moderna with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


MRNA

Moderna Options Trading: A Deep Dive into Market Sentiment

<p><a href="https://www.cnbc.com/2024/11/06/planet-fitness-bid-for-bankrupt-blink-fitness.html" title="https://www.cnbc.com/2024/11/06/planet-fitness-bid-for-bankrupt-blink-fitness.html">https://www.cnbc.com/2024/11/06/planet-fitness-bid-for-bankrupt-blink-fitness.html</a></p>


PLNT

'Planet Fitness wants to acquire bankrupt budget-fitness chain Blink Holdings' - CNBC

Macro Economic Events

Econ #s

Economics

USA Gasoline Inventories 0.412M Barrel Build Vs 1.650M Barrel Draw Est.; 2.707M Barrel Draw Prior

EIA Weekly Distillates Stocks 2.947M Barrel Build Vs 1.500M Barrel Draw Est.; 0.977M Barrel Draw Prior

<p>Iron Mountain (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRM#NYSE">IRM</a>) has outperformed the market over the past 5 years by 15.97% on an annualized basis producing an average annual return of 29.67%. Currently, Iron Mountain has a market capitalization of $37.08 billion. </p>
<p><strong>Buying $100 In IRM:</strong> If an investor had bought $100 of IRM stock 5 years ago, it would be worth <strong>$364.41</strong> today based on a price of $126.40 for IRM at the time of writing.</p>
<h3>Iron Mountain's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730907021_0_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$100 Invested In Iron Mountain 5 Years Ago Would Be Worth This Much Today

<p>Williams Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>) has outperformed the market over the past 5 years by 6.16% on an annualized basis producing an average annual return of 19.86%. Currently, Williams Companies has a market capitalization of $66.91 billion. </p>
<p><strong>Buying $1000 In WMB:</strong> If an investor had bought $1000 of WMB stock 5 years ago, it would be worth <strong>$2,469.20</strong> today based on a price of $53.05 for WMB at the time of writing.</p>
<h3>Williams Companies's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730907016_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 Today

Middle Coast Investing Q2 2024 Investor Letter: Practicing Flexible Discipline

Catalyst watch: Earnings deluge, Farnborough Airshow, Paris Olympics, and Trump talks crypto

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>While most Nasdaq stocks continue to trade near all-time high levels, some of the names have dipped in recent days due to a general market pullback, potentially making them good buys at their current levels.</p>



<p>In fact, some Nasdaq stocks failed to keep up with the overall market rally of the past year in the first place, making the recent dip in stock prices an extra-attractive opportunity. Thus, I believe today presents a unique chance for investors to acquire quality stocks at a discount.</p>



<p>There are three names in particular that, at their current levels, seem to offer compelling opportunities. These stocks have substantial upside potential and provide a notable margin of safety at today&rsquo;s prices, making them ideal choices for those looking to capitalize on the recent market dip. Let&rsquo;s take a closer look</p>



<h2>Booking Holdings (BKNG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/bkng-1600-300x169.png" alt="The home page of the Internet booking of hotels booking.com on the screen the Chinese Xiaomi smartphone in male hand on a computer monitor. BKNG stock."><div>Source: Andrey Solovev / Shutterstock</div></div><p><strong>Booking Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/bkng-stock-quote/"><strong>BKNG</strong></a></span>) dipped from its 52-week high of $4,144, which, in my view, presents an attractive opportunity for investors at its current levels. As one of the leading global online travel and reservation service providers, Booking naturally thrives during the industry&rsquo;s ongoing surge, which has been the case in recent quarters.</p>



<p>Last year, Booking&rsquo;s revenues <a href="https://s201.q4cdn.com/865305287/files/doc_financials/2023/q4/BKNG-Earnings-Release-Final.pdf">increased by 25%</a>, reaching a record $21.4 billion. This momentum appears to have seamlessly carried over into 2024, with Booking posting <a href="https://s201.q4cdn.com/865305287/files/doc_financials/2024/q1/BKNG-Q1-2024-Earnings-Release.pdf">revenue growth of 17% in the first quarter</a>, reaching $4.4 billion, on the back of excellent industry conditions. This marked a record first quarter in terms of revenues as well.</p>



<p>In the meantime, the company&rsquo;s high-margin business model makes its profitability quite scalable. Hence, the robust revenue growth I noted propelled adjusted net income to soar by 39% in 2023, reaching $5.6 billion and by 61% in the first quarter of this year, amounting to $707 million.</p>



<p>With expectations for continued rapid growth in both the top and bottom lines for the rest of the year, and given the recent dip <a href="https://seekingalpha.com/symbol/BKNG/earnings/estimates?source=section%3Asearch_bar%7Ccontent_type%3Aall%7Csection_asset%3Asearch-basic%7Csearch_item%3Abkng%7Crow_num%3A1%7CURL_first_level%3Asymbol%7Ctopic%3Asymbol">pushing the stock&rsquo;s price-to-earnings ratio to just 21.5x</a>, I find Booking stock attractively priced.</p>



<h2>CoStar Group (CSGP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/12/csgp1600-300x169.jpg" alt="An image of a magnifying glass zooming in on the CoStar Group, Inc. (CSGP) logo"><div>Source: Casimiro PT / Shutterstock.com</div></div><p><strong>CoStar Group</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/csgp-stock-quote/"><strong>CSGP</strong></a></span>) has seen a notable drawdown of about 25% from its 52-week high, with shares recently recording a sharp dip. Despite this, CoStar continues to grow at a double-digit pace, a trend backed by several growth drivers.</p>



<p>For instance, the company&rsquo;s expansion into international markets, such as its recent entry into the U.K. commercial real estate sector, opens new revenue streams. Additionally, real estate professionals seek its robust data analytics services to make data-driven decisions, which should power organic growth.</p>



<p>The <a href="https://investors.costargroup.com/news-releases/news-release-details/costar-group-acquire-matterport-global-leader-immersive-3d">recent announced plan to purchase</a> <strong>Matterport</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/mttr-stock-quote/"><strong>MTTR</strong></a></span>), a leader in 3D spatial data, is poised to take CoStar&rsquo;s offerings to the next level as well. It will integrate advanced visualization technology into CoStar&rsquo;s platform, further cementing the company&rsquo;s market-leading position and driving subscription growth.</p>



<p>Given these positive growth prospects and the recent price dip, I believe that CoStar stock is now attractively valued. True, it&rsquo;s <a href="https://seekingalpha.com/symbol/CSGP/earnings/estimates?source=section%3Asearch_bar%7Ccontent_type%3Aall%7Csection_asset%3Asearch-basic%7Csearch_item%3Acsgp%7Crow_num%3A1%7CURL_first_level%3Asymbol%7Ctopic%3Asymbol">forward P/E of 119x and 2025 P/E of 64x</a> are steep, but given the explosive earnings growth the company is expected to see in the coming years, these multiples can be comfortably justified, in my view.</p>



<h2>Monster Beverage (MNST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/mnst-1600-300x169.jpg" alt="Grocery store shelf with 16 ounce cans of Monster brand energy drinks."><div>Source: Sheila Fitzgerald / Shutterstock.com</div></div><p><strong>Monster Beverage</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/mnst-stock-quote/"><strong>MNST</strong></a></span>) is now trading about 18% below its 52-week high, which I think presents a very interesting opportunity, given that its overall growth shows no signs of slowing down. Despite the recent sell-off, partly due to increased competition in the energy drinks market from companies like <strong>Celsius Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/celh-stock-quote/"><strong>CELH</strong></a></span>), the company holds a strong position in the space. Its extensive portfolio and strong brand loyalty continue to fuel its growth.</p>



<p>The company has posted double-digit growth in recent quarters, a trend that is set to continue. Besides its core brand reaching a rising number of consumers year after year, the company&rsquo;s growth strategy includes various other routes. For example, Monster&rsquo;s recent entry into the water space has already started to contribute to its results, with Monster Tour Water&rsquo;s revenues <a href="https://investors.monsterbevcorp.com/news-releases/news-release-details/monster-beverage-reports-2024-first-quarter-results">growing by 10.7%</a> in its most recent quarter.</p>



<p>With the stock currently trading at a <a href="https://seekingalpha.com/symbol/MNST/earnings/estimates">forward P/E of 29x</a> and consensus estimates forecasting sustained growth in the mid-teens well into the future, I believe Monster offers a compelling buying opportunity. This is especially true when one considers the company&rsquo;s many qualities, including having no debt on its balance sheet.</p>



<p><em>On the date of publication, Nikolaos Sismanis held a long position in MNST. 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>.</em></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Nikolaos Sismanis is a professional research analyst with five years of experience in the field of equity research and financial modeling. Nikolaos has authored over 1,000 stock-related articles that focus on uncovering deep value opportunities, identifying growth stocks at reasonable valuations, and shining a spotlight on overlooked international equities.</p></div><h3>More From InvestorPlace</h3>
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Matterport Q2 2024 Earnings Preview

Matterport reports mixed Q2 results; suspends guidance

The latest update is out from Matterport (MTTR). The essential details from a recent financial update have been integrated into this document, prov...

Matterport's Latest Financial Update: Key Stock Insights

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Matterport</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/mttr-stock-quote/"><strong>MTTR</strong></a></span>) just reported results for the second quarter of 2024.</p><ul><li>Matterport reported earnings per share of -2 cents. This met the analyst estimate for EPS of -2 cents.</li><li>The company reported revenue of $42.22 million.</li><li>This was 4.92% worse than the analyst estimate for revenue of $44.40 million.</li></ul><div><p>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>.</p></div><h3>More From InvestorPlace</h3>
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<p>If you&rsquo;ve been paying attention, you know that <a href="https://investorplace.com/industries/technology/">tech stocks</a> have been the rocket fuel propelling this bull market to dizzying heights. However, these high-flyers could come crashing back to Earth when the downturn hits.</p>



<p>Many tech darlings have already suffered steep pullbacks. And if macros get worse, the pain for these overvalued names will only worsen. It&rsquo;s time to take a page out of Warren Buffett&rsquo;s playbook and start rotating into safer assets.</p>



<p><a href="https://investorplace.com/stock-types/dividend-stocks/">Dividend stocks</a> are looking mighty attractive at these valuations, and Treasury yields are juicier than they&rsquo;ve been in years. Sure, a recession isn&rsquo;t guaranteed. But with so many indicators flashing warning signs, it&rsquo;s a good idea to take some profits.</p>



<p>No one can predict how ugly things might get. But if you&rsquo;re looking to play some defense, here are seven tech stocks to sell before the potential plunge:</p>



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/pltr1600-6-300x169.png" alt="Palantir Technologies (PLTR) is a public American company that specializes in big data analytics."><div>Source: photosince / Shutterstock.com</div></div><p><strong>Palantir</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/"><strong>PLTR</strong></a>) provides data analytics software to government agencies and large corporations. The company has seen strong revenue growth, especially from its U.S. government contracts which <a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Revenue-Growth-of-27-Year-Over-Year-and-Raises-Full-Year-Revenue-Guidance-Record-GAAP-EPS-of-0.06-in-Q2-2024/">grew 24% year-over-year in Q2 2024</a>.</p>



<p>While Palantir&rsquo;s deep government ties make it a stable long-term investment, I wouldn&rsquo;t touch this stock with a ten-foot pole heading into a potential recession. Trading at a nosebleed valuation of 83 times forward earnings and 24 times sales, Palantir is priced for perfection. However, with analysts <a href="https://seekingalpha.com/symbol/PLTR/earnings/estimates">expecting revenue growth to decelerate</a> to the 20% range next year, I doubt the market will keep paying such a hefty premium.</p>



<p>Bears like Mizuho&rsquo;s Gregg Moskowitz are already sounding the alarm, recently <a href="https://markets.businessinsider.com/news/stocks/mizuho-just-issued-a-warning-on-palantir-pltr-stock-1033560012">downgrading</a> Palantir to &ldquo;Underperform&rdquo; on valuation concerns. He notes the stock trades at &ldquo;an exceedingly large 160% premium&rdquo; to software peers. When the economy turns south, and investors flee to safety, high-flying names like Palantir could be in for a rude awakening. If you own it, I&rsquo;d lock in profits before the bottom falls out.</p>



<h2>Coinbase (COIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1297290496-300x169.png" alt="Crypto currency bitcoin btc golden bit coin against flag of United States of America USA."><div>Source: Voyagerix / Shutterstock.com</div></div><p><strong>Coinbase</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/coin-stock-quote/"><strong>COIN</strong></a>) operates a cryptocurrency exchange platform. The company has been struggling lately, with its stock price down over 28% from its 2024 highs amid a broader crypto market downturn.</p>



<p>If you&rsquo;ve paid any attention to the crypto market, you know it&rsquo;s prone to extreme volatility and sentiment-driven swings due to the speculative nature of most cryptocurrencies. Coinbase&rsquo;s fortunes are strongly tied to this erratic market, which is why I believe it&rsquo;s one of the riskiest stocks to own heading into a potential recession.</p>



<p><strong>Bitcoin</strong> (<a href="https://investorplace.com/cryptocurrency/btc-usd/"><strong>BTC-USD</strong></a>) has only weathered one recession so far in 2020, and it didn&rsquo;t exactly shine. With BTC still trading at lofty levels, there&rsquo;s plenty of downside risk. Coinbase also relies heavily on the altcoin market for revenue, and that&rsquo;s been absolutely crushed lately. In a recession, expect altcoins to get obliterated as investors flee to safety.</p>



<p>Despite this, Coinbase trades at a steep 35 times earnings and over eight times sales.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/08/chart-80.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/08/chart-80.png" alt="Tech stocks to sell: Coinbase decline chart"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>Analysts <a href="https://seekingalpha.com/symbol/COIN/earnings/estimates">expect</a> revenue to decline in coming years until the next Bitcoin halving (possibly) sparks another speculative frenzy. In my view, blockchain stocks are only worth chasing at rock-bottom valuations, not these nosebleed levels.</p>



<h2>Robinhood (HOOD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/06/hood1600-300x169.png" alt="The Robinood app logo with the Robinhood (HOOD) website logo in the background."><div>Source: Fluna nightEtJ / Shutterstock.com</div></div><p><strong>Robinhood</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/hood-stock-quote/"><strong>HOOD</strong></a>) operates a popular commission-free trading platform for stocks, options, and cryptocurrencies. The company has been on a wild ride lately, with its stock up nearly 200% from its 2023 lows to its July 2024 peak before plummeting 23% in the past month amid the broader market correction.</p>



<p>Robinhood reported record Q2 2024 results, with <a href="https://www.marketwatch.com/amp/story/robinhood-earnings-top-expectations-following-revival-of-meme-stocks-and-crypto-0bd020af">revenues surging 40% year-over-year to $682 million</a>, GAAP earnings per share of 21 cents, and net deposits growing 41% to $13.2 billion. The company is benefiting from renewed interest in <a href="https://investorplace.com/stock-types/meme-stocks/">meme stocks</a> and crypto trading. However, the Securities and Exchange Commission <a href="https://www.investopedia.com/robinhood-sec-wells-notice-enforcement-8643812">issued a warning</a> in May about potential enforcement action against Robinhood&rsquo;s crypto business.</p>



<p>In my view, Robinhood is pretty similar to Coinbase. Sure, Robinhood is more insulated since it doesn&rsquo;t rely entirely on crypto, but the platform attracts a lot of sentiment-driven users targeting volatile stocks. I think a recession could be a nightmare for HOOD stock. The recent correction caused a steep 23% drop in just a month.</p>



<p>I expect HOOD to amplify any market moves going forward, so with a potential recession looming, this is a no-go for me.</p>



<h2>Matterport (MTTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/matterport-mttr-1600-300x169.jpg" alt="Matterport Silicon Valley exterior sign and trademark logo."><div>Source: Ken Wolter / Shutterstock.com</div></div><p><strong>Matterport</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/mttr-stock-quote/"><strong>MTTR</strong></a>) offers a spatial data platform for digitizing and managing buildings, but I&rsquo;d steer clear of this stock and most others in the space industry right now. The company has been experiencing solid growth, with <a href="https://finance.yahoo.com/news/matterport-inc-mttr-reports-q2-230503293.html">Q2 revenue up 6.7% year-over-year to $42.2 million</a>, but its losses are mounting at an alarming rate. Net loss ballooned to a staggering $141.6 million in Q2, a 150% increase from the prior year.</p>



<p>The space sector is highly dependent on external funding, which will likely dry up fast if a recession hits in the coming quarters. With only around $364 million in cash remaining, Matterport could burn through its reserves. Even if a downturn is avoided, this startup will still be unprofitable for a while with low revenue growth.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/08/chart-81.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/08/chart-81.png" alt="Matterport revenue chart"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>A stock with fundamentals like this does not deserve to trade at nearly 8x forward sales.</p>



<p>There are also plenty of other companies in the geospatial data sector that are already profitable and get much more attention from investors.</p>



<h2>C3.ai (AI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/ai-stocks-to-buy1600-1-300x169.png" alt="Businessman using ai technology for make money. chat bot with AI Artificial Intelligence generate. Futuristic technology, robot in online system. Business in future to invest and make money concept. AI stocks to buy. AI Supply Chain Stocks to Buy Now. Cheap AI stocks"><div>Source: MMD Creative / Shutterstock.com</div></div><p><strong>C3.ai</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ai-stock-quote/"><strong>AI</strong></a>) provides enterprise AI software for accelerating digital transformation. The company has been riding the recent AI hype wave, with its stock price soaring over 200% year-to-date despite lackluster fundamentals.</p>



<p>In my opinion, C3.ai is probably one of the worst stocks you could buy heading into a potential recession in 2024. The company&rsquo;s recent Q4 FY2024 results showed <a href="https://www.investors.com/news/technology/c3-ai-stock-ai-stock-c3-ai-earnings-news-q12024/">revenue growth of 20% to $86.6 million</a>, but it still posted a hefty net loss of $82.3 million. Subscription revenue, while growing 41%, comes with a dismal -84% gross margin. Analysts at firms like Morgan Stanley remain skeptical about the company&rsquo;s path to profitability, with current projections <a href="https://seekingalpha.com/symbol/AI/earnings/estimates">not expecting positive earnings until fiscal 2027</a>.</p>



<p>Management is sitting on lots of cash, but even then, I don&rsquo;t think Wall Street will be too keen to keep paying premium for a business that has such terrible margins.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/08/chart-82.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/08/chart-82.png" alt="C3.ai margins"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>I believe C3.ai&rsquo;s rally has been driven more by its fortunate ticker symbol and &ldquo;AI&rdquo; in its name rather than the actual substance of its business. The company touts AI capabilities, but in reality, it&rsquo;s more of a buzzword &ndash; its products are closer to traditional enterprise software. C3.ai also has significant customer concentration risk, with oil services giant <strong>Baker Hughes</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/bkr-stock-quote/"><strong>BKR</strong></a>) accounting for a large chunk of revenue.</p>



<p>If the AI hype fizzles out or the economy sinks into a recession, C3.ai could be in for a rude awakening.</p>



<h2>Virgin Galactic (SPCE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/spce1600-300x169.jpg" alt="Virgin Galactic (SPCE) billboard on the New York Stock Exchange, across from the Fearless Girl statue. aerospace stocks"><div>Source: Tun Pichitanon / Shutterstock.com</div></div><p><strong>Virgin Galactic</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/spce-stock-quote/"><strong>SPCE</strong></a>) is a space tourism company that aims to send paying customers to the edge of space. Recently, the company has been struggling financially and operationally despite completing its final mission with the VSS Unity spaceplane in Q2 2024. In my opinion, Virgin Galactic is a stock I&rsquo;d stay light years away from in a normal economic climate, let alone a potential 2024 recession.</p>



<p>The company is hemorrhaging cash, reporting a <a href="https://www.sahmcapital.com/news/content/virgin-galactic-stock-climbs-after-better-than-expected-q2-results-2024-08-08">net loss of $94 million in Q2 2024</a> and burning through $114 million in free cash flow.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/08/chart-83.png"><img width="1200" height="850" src="https://investorplace.com/wp-content/uploads/2024/08/chart-83.png" alt="Virgin Galactic SPCE income statement"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>If it survives, I really don&rsquo;t think this company will ever break even.</p>



<p>Analysts like Wells Fargo remain bearish, citing a lack of positive catalysts and <a href="https://www.tipranks.com/news/the-fly/virgin-galactic-price-target-lowered-to-1-from-15-at-wells-fargo">cutting their price target to a dollar</a>. I simply think Virgin Galactic is too far ahead of its time. Even with plans to launch the Delta class ships in 2026, it could take many years, if not decades, for space tourism to become solidly profitable.</p>



<p>While the wealthy are the target market, ticket prices around $300-450k aren&rsquo;t exactly affordable, and I question the sustainability of customer demand. Space tourism seems more like a once-in-a-lifetime experience rather than a recurring revenue generator. With a recession looming, I believe you should jettison this stock from your portfolio before it crashes back down to Earth.</p>



<h2>Lucid (LCID)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/07/lcid1600-3-300x169.png" alt="A Lucid Motors retail dealership storefront is seen with demo electric cars available for viewing at a local mall. LCID stock"><div>Source: Michael Berlfein / Shutterstock.com</div></div><p>Despite reporting record deliveries in Q2 2024 and securing $1.5 billion in additional funding from Saudi Arabia&rsquo;s Public Investment Fund, I think <strong>Lucid</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/lcid-stock-quote/"><strong>LCID</strong></a>) will still head to bankruptcy. The company posted a <a href="https://finance.yahoo.com/news/rivian-lucid-show-wealthy-backers-193218012.html">net loss of $643 million</a> in Q2 on revenue of just $201 million.</p>



<p>I don&rsquo;t think the company can achieve the scale and efficiency needed to compete with established EV makers. Its biggest rivals are already profitable and dominate the market. Lucid&rsquo;s upcoming Gravity SUV will also face stiff competition from <strong>Rivian</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/rivn-stock-quote/"><strong>RIVN</strong></a>).</p>



<p>Plus, Lucid&rsquo;s reliance on Saudi investment is the most concerning part. The Saudi PIF clearly believes in Lucid&rsquo;s long-term potential, but if a recession hits, tanking oil prices could force them to pull back.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/08/chart-84.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/08/chart-84.png" alt="Lucid stock dilution chart"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>In the meantime, Lucid will likely continue diluting shareholders to help fund operations.</p>



<p><em>On the date of publication, Omor Ibne Ehsan 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></em>.</p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/08/7-tech-stocks-to-sell-before-they-plummet-in-a-2024-recession/">7 Tech Stocks to Sell Before They Plummet in a 2024 Recession</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Tech Stocks to Sell Before They Plummet in a 2024 Recession

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Virtual reality (VR) stocks ride on the coattails of trends seen in the market, such as the metaverse, cloud gaming and immersive entertainment experiences. Virtual reality draws them together, and I think we have only just started to witness its full potential.</p>



<p>The VR market, already <a href="https://www.mordorintelligence.com/industry-reports/virtual-reality-market">valued</a> at $22.81 billion in 2024, is projected to grow exponentially, driven by innovations in hardware and software. Companies at the forefront of this trend are not only changing how we entertain ourselves but also how we communicate with others in general. My view is that over time, society will live in deeper and deeper virtual worlds. This, however, will be a gradual change rather than a seismic shift. Instead of us all being plugged into VR headsets, we will interact with more virtual worlds embedded into apps and websites we already use, particularly in the realm of social media.</p>



<p>So, in order to take advantage of this trend in the entertainment industry, here are seven virtual reality stocks for investors to consider.</p>



<h2>Meta Platforms (META)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/meta1600-1-300x169.png" alt="In this photo illustration the Meta logo seen displayed on a smartphone and in the background the Facebook logo"><div>Source: rafapress / Shutterstock.com</div></div><p><strong>Meta Platforms</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/meta-stock-quote/"><strong>META</strong></a></span>) is a stock that has been criticized in the past for overselling the metaverse ideas to the masses. However, my view is that it is positioning itself at the forefront of the gradual shift toward virtual environments, and its results in the short term certainly speak volumes.</p>



<p>With revenue of $39.07 billion, a 22% increase year-over-year (YOY), and net income surging by 73% last <a href="https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Second-Quarter-2024-Results/default.aspx">quarter,</a> it can be hard to argue that the company is on the wrong track &mdash; at least in the short term. Meanwhile, for investors interested in META as one of those virtual reality stocks in the gaming industry, I think the best has yet to come. The company&rsquo;s flagship product in this space, the Meta Quest series of VR headsets, has established Meta as a leading player in the VR gaming industry, with reviewers <a href="https://www.gamesradar.com/the-best-vr-headset/">mentioning</a> it among the best of the best in terms of affordability and features offered.</p>



<h2>Qualcomm (QCOM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/qcom-stock-9-300x169.jpg" alt="Qualcomm (QCOM) logo on an outdoor sign"><div>Source: Akshdeep Kaur Raked / Shutterstock.com</div></div><p><strong>Qualcomm</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/qcom-stock-quote/"><strong>QCOM</strong></a></span>) is one of those virtual reality stocks to consider if an investor wants exposure to a picks and shovels stock in the industry. The company provides essential semiconductors to a range of industries, including VR. They can also be found in devices that range from self-driving cars to Industrial Internet of Things (IIoT) devices. I like QCOM stock because it is not overly concentrated in any given industry, thus giving it impressive diversification benefits.</p>



<p>QCOM makes its presence felt in the gaming industry through its Snapdragon platform, which powers many of the world&rsquo;s leading gaming smartphones. In its fiscal third quarter of 2024, Qualcomm reported <a href="https://d1io3yog0oux5.cloudfront.net/_65c742f0bb338d656fde2e8d3ead6f23/qualcomm/db/773/7421/file/FY2024+3rd+Quarter+Earnings+Release.pdf">strong</a> revenue growth, with its QCT (Qualcomm CDMA Technologies) division generating $8.07 billion, a 12% increase YOY.</p>



<p>One of the main tailwinds I see from QCOM in the gaming industry is the rollout of 5G and increasing mobile network speeds. I don&rsquo;t think we are too far away from the point where multiplayer mobile games can be played on these networks with a low ping or latency, which substantially reduces user friction to enjoying entertainment on the move.</p>



<h2>Unity Software (U)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/unity_u_stock_1600-300x169.png" alt="In this photo illustration Unity Software Inc. (U stock) logo is seen on a mobile phone and a computer screen."><div>Source: viewimage / Shutterstock.com</div></div><p><strong>Unity Software</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/u-stock-quote/"><strong>U</strong></a></span>) is another one of those virtual reality stocks that also fits firmly in the picks and shovels category. It provides its Unity game engine, which is seeing increased use in VR gaming to create virtual worlds, most notably by independent developers.</p>



<p>Unity&rsquo;s platform is <a href="https://s26.q4cdn.com/977690160/files/doc_financials/2024/q2/Q224-Shareholder-letter.pdf">responsible</a> for 70% of the top mobile games and averages 3.7 billion downloads per month, according to the results it posted last quarter. Unity 6, set to launch in the fall of 2024, promises to be the software&rsquo;s most stable and high-performing version yet. I see it as having an expanding use case in VR devices, including the Oculus, HTC Vive and PlayStation VR.</p>



<p>It is still very early for Unity&rsquo;s software to be utilized in virtual environments, as its engine is primarily used in mobile gaming. Still, as demand picks up, I think its engine will become the preferred choice of developers who choose to create games in VR since they are likely already familiar with building games with it.</p>



<h2>Roblox (RBLX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/roblox-300x169.jpg" alt="An illustration of the Roblox game is displayed on a smartphone screen."><div>Source: Miguel Lagoa / Shutterstock.com</div></div><p><strong>Roblox </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/rblx-stock-quote/"><strong>RBLX</strong></a></span>) is perhaps one of the best virtual reality stocks for investors who want a pure-play gaming franchise in their portfolios. Although RBLX is known for its presence in the PC and console markets, Roblox empowers its global community of creators to design and build VR experiences that can be accessed by users on newer devices, including VR headsets.</p>



<p>There are a couple of reasons why I think RBLX stock could be an ideal opportunity for investors. Roblox enables creators to experiment with new forms of digital interaction, from social experiences to complex games, which enables a smooth transition for more of these creations to be conducted in virtual worlds.</p>



<p>Furthermore, its core business also showed considerable <a href="https://ir.roblox.com/news/news-details/2024/Roblox-Reports-Second-Quarter-2024-Financial-Results/default.aspx">strength</a> last quarter. Revenue increased by 31% YOY to $893.5 million, and bookings grew by 22% to $955.2 million. The company saw record daily active users (DAUs) of 79.5 million, up 21%. This makes it one of those virtual reality stocks for investors to consider.</p>



<h2>Alphabet (GOOG, GOOGL)</h2>



<a href="https://investorplace.com/wp-content/uploads/2024/03/alphabet_googl.png"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/alphabet_googl-300x169.png" alt="Alphabet (GOOGL) - Quantum Computing Stocks to Buy"></a><p><strong>Alphabet</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a></span>, NASDAQ:<span><a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>) is one of those gatekeepers of VR content on the internet, and I expect it to continue to play a leading role in the future through its Google services, particularly YouTube and Google Play, which support VR content and experiences. It acts as a main distributor of content for people to access.</p>



<p>The company <a href="https://abc.xyz/assets/19/e4/3dc1d4d6439c81206370167db1bd/2024q2-alphabet-earnings-release.pdf">achieved</a> $84.7 billion in revenue last quarter, with significant contributions from Google Services and Google Cloud, the latter exceeding $10 billion in quarterly revenues for the first time.</p>



<p>GOOG stock has a stranglehold over the app market as well as the online streaming market with its YouTube platform. As gaming and VR experiences continue to be rolled out on the platform, I expect this to be a major boon for the company moving forward.</p>



<p>I like GOOG stock due to its solid position in the online advertising market, and it also stands to benefit from the rise of VR as an additional tailwind.</p>



<h2>Matterport (MTTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/mttr_matterport_1600-300x169.png" alt="Illustrative Editorial of Matterport's (MTTR stock) website homepage. MATTERPORT logo visible on display screen."><div>Source: II.studio / Shutterstock.com</div></div><p>I like <strong>Matterport</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/mttr-stock-quote/"><strong>MTTR</strong></a></span>) in the VR gaming industry, especially when one frames its long-term positioning with its short-term results last quarter, with total revenue <a href="https://investors.matterport.com/news-releases/news-release-details/matterport-announces-second-quarter-2024-financial-results">reaching</a> $42.2 million, driven by a 16% YOY increase in subscription revenue to $24.2 million. The company also saw a 28% increase in total subscribers to 1.06 million.</p>



<p>MTTR stock has an enormous application in VR gaming and is one of the key reasons I&rsquo;m bullish on its future prospects. By transforming physical spaces into immersive, interactive 3D models, Matterport enables developers and gamers to create and explore realistic virtual environments. This is achieved through its digital twin technology and spatial data platform.&nbsp;</p>



<p>It could then be a great piece in the puzzle for hyper-realistic gaming, such as transforming city streets into driving simulations or real-world forests into the backdrop of a horror or survival game. I expect great things in the future for MTTR stock as it taps into the gaming market in VR.</p>



<h2>Take-Two Interactive (TTWO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/ttwo1600-300x169.png" alt="Take-Two Interactive Software, Inc. (TTWO) is an American video game holding company. A smartphone with the Take-Two logo on the screen surrounded by gamepads."><div>Source: Sergei Elagin / Shutterstock.com</div></div><p><strong>Take-Two Interactive</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ttwo-stock-quote/"><strong>TTWO</strong></a></span>) is another publisher in a similar vein to RBLX that stands to benefit directly from VR gaming with its established and captive user base. Its titles like &ldquo;Grand Theft Auto&rdquo; and &ldquo;NBA 2K&rdquo; could be prime targets for the company to experiment with developing virtual worlds. It has exclusive rights to some of the world&rsquo;s most popular video game franchises, especially in sports, so I think it could be a prime investment target for those looking to capitalize on the VR gaming trend.</p>



<p>Last <a href="https://ir.take2games.com/static-files/606b4f51-58cd-4838-a9e2-55138ff5d8eb">quarter,</a> it recorded&nbsp;$1.22 billion in net bookings, meeting guidance. GAAP net revenue grew 4% YOY to $1.34 billion. However, it also reported a GAAP net loss of $262 million.</p>



<p>Still, for investors serious about the opportunities in VR gaming, which is a recognition that we have yet to see the start of its potential, stocks like RBLX and TTWO could be worthy to consider as both firms seek to expand their catalogs.</p>



<p><em>On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a></em></p>



<p><em>On the date of publication, the responsible editor held a long position in GOOG.</em></p>
<div><p>Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/08/7-virtual-reality-stocks-that-may-shape-future-entertainment/">7 Virtual Reality Stocks That May Shape Future Entertainment</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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Sprout Social, Inc - Class A Common Stock

Sprout Social

Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share

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BENZINGA NEL MONDO