Ultime notizie per ReNew Energy Glb (NASDAQ:RNW) Azioni

ReNew Energy Glb

ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.

Irving,,Texas,,Usa,-,March,19,,2022:,Lennar,Dfw,Division

Pre-Market Outlook

AIOT

APPS

Un maxi-buyback scuote i mercati prima delle trimestrali più attese. L&#39;attenzione degli investitori è rivolta a 5 nomi chiave.

5 titoli pronti a scattare tra trimestrali chiave e annunci a sorpresa

<a href="https://www.bloomberg.com/news/articles/2025-07-02/oracle-openai-ink-stargate-deal-for-4-5-gigawatts-of-us-data-center-power" title="https://www.bloomberg.com/news/articles/2025-07-02/oracle-openai-ink-stargate-deal-for-4-5-gigawatts-of-us-data-center-power">https://www.bloomberg.com/news/articles/2025-07-02/oracle-openai-ink-stargate-deal-for-4-5-gigawatts-of-us-data-center-power</a>

News

MSFT

ORCL

'Oracle, OpenAI Expand Stargate Deal for More US Data Centers' - Bloomberg News

William Blair analyst Myles Minter initiates coverage on Dianthus Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNTH#NASDAQ">DNTH</a>) with a Outperform rating.

Initiation

Analyst Ratings

DNTH

William Blair Initiates Coverage On Dianthus Therapeutics with Outperform Rating

Green Brick Partners's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRBK#NYSE">GRBK</a>) short percent of float has risen 8.44% since its last report. The company recently reported that it has 1.26 million shares sold short, which is 4.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.13 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Green Brick Partners Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751482832_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Green Brick Partners has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Green Brick Partners's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Green Brick Partners's peer group average for short interest as a percentage of float is 8.42%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

GRBK

Is the Market Bullish or Bearish on Green Brick Partners?

UDR's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UDR#NYSE">UDR</a>) short percent of float has risen 20.16% since its last report. The company recently reported that it has 7.14 million shares sold short, which is 2.92% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.61 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>UDR Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751482826_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for UDR has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing UDR's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, UDR's peer group average for short interest as a percentage of float is 3.91%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

What's Driving the Market Sentiment Around UDR?

O'Reilly Automotive's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NYSE">ORLY</a>) short percent of float has risen 1241.67% since its last report. The company recently reported that it has 13.62 million shares sold short, which is 1.61% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.53 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>O'Reilly Automotive Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751482821_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for O'Reilly Automotive has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing O'Reilly Automotive's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, O'Reilly Automotive's peer group average for short interest as a percentage of float is 10.59%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ORLY

Peering Into O'Reilly Automotive's Recent Short Interest

WIIM

CHYM

Chime Financial shares are trading lower. Compass Point initiated coverage on the stock with a Neutral rating and announced a price target of $33.

Shares of Rigetti Computing Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) are soaring Wednesday afternoon after Cantor Fitzgerald initiated coverage on the quantum computing firm with an Overweight rating and a <a href="https://www.benzinga.com/quote/RGTI/analyst-ratings">$15.00 price target</a>. 
What To Know: Analyst Troy Jensen cited the company&#8217;s position as a leading pure-play in superconducting quantum systems as a key reason for the bullish outlook.
Cantor&#8217;s report highlights Rigetti's strategic collaboration with Quanta Computer, which includes a five-year, $250 million co-investment from each company to accelerate the development and commercialization of its technology. 
The firm also pointed to Rigetti&#8217;s strengthened balance sheet, which holds approximately $575 million in cash with no debt following a successful $350 million equity offering in June 2025. This financial footing is expected to support operations and R&amp;D for at least the next three years.
Technologically, Cantor is impressed by the performance of Rigetti&#8217;s 84-qubit Ankaa-3 system, which has achieved industry-leading 99.5% median fidelity for its two-qubit gates. While quantum computing is still in its infancy, Cantor believes Rigetti is well-positioned to benefit as the technology matures. 
The investment firm views the stock&#8217;s approximate 22% year-to-date correction as an attractive entry point for investors. Cantor&#8217;s $15 price target is based on a 10.1x EV/Sales multiple on the present value of its 2035 revenue forecast.
Meanwhile, on May 15, Benchmark <a href="https://www.benzinga.com/quote/RGTI/analyst-ratings">reiterated</a> its Buy rating for the company, maintaining a price target of $14. The day before, Needham maintained its Buy rating while adjusting its price target from $17 to $15.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, RGTI shares are trading higher by 10.7% to $12.54 Wednesday afternoon. The stock has a 52-week high of $21.42 and a 52-week low of $0.66.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/05/45360620/rigetti-stock-sinks-after-q1-revenues-miss-estimates-details">Rigetti Stock Sinks After Q1 Revenues Miss Estimates</a>
<h2 class="wp-block-heading">How To Buy RGTI Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Rigetti Computing&#8217;s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Image: Shutterstock

RGTI

Rigetti Computing (RGTI) Stock Jumps 10% As Cantor Fitzgerald Initiates With Buy Rating

<a href="https://www.abcmoney.co.uk/2025/07/thoma-bravo-reportedly-in-talks-to-acquire-us-software-firm-verint-systems-at-a-premium/" title="https://www.abcmoney.co.uk/2025/07/thoma-bravo-reportedly-in-talks-to-acquire-us-software-firm-verint-systems-at-a-premium/">https://www.abcmoney.co.uk/2025/07/thoma-bravo-reportedly-in-talks-to-acquire-us-software-firm-verint-systems-at-a-premium/</a>

VRNT

'Thoma Bravo Reportedly In Talks To Acquire U.S. Software Firm Verint Systems At A Premium' - ABC Money

SMMT

Summit Therapeutics shares are trading higher on possible continued strength after UBS initiated coverage on the stock on Monday with a Buy rating and announced a price target $30.

Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) is back in the spotlight. After a punishing stretch in 2022 and 2023, <a href="https://www.benzinga.com/topic/quantum-computing">the quantum computing firm</a> has staged a remarkable turnaround—its stock soaring more than 1,000% over the past year. Now, Wall Street is starting to take notice. On Wednesday, Cantor Fitzgerald analyst Troy Jensen initiated coverage on Rigetti with an Overweight rating and a bullish $15 price target.
Although the stocks have all experienced meaningful appreciation and are trading at steep valuations based on any near-term revenue or earnings forecast, Jensen still noted upside given the strategic value of quantum computing.
According to the analyst, of the primary technologies believed to be capable of reaching quantum status, superconducting has seen the most investment.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45353123/quantum-stocks-are-hot-in-2025-biggest-movers-to-watch" rel="noreferrer noopener">Quantum Stocks Are Hot In 2025: Biggest Movers To Watch</a>
While Rigetti is competing with Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, International Business Machines Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Jensen noted that this ecosystem of technology leaders will help pave the way toward quantum capabilities within superconducting and position Rigetti to benefit from the efforts of others.
The analyst applauded Rigetti&#8217;s announced partnership with Quanta Computer and noted that this strategic collaboration will help accelerate the development and commercialization of superconducting quantum computing. As part of this partnership, both companies committed to investing at least $250 million over five years, including Quanta investing $35 million in Rigetti through a stock purchase in April, he said. 
The collaboration will enable Rigetti to focus on quantum technology, while Quanta concentrates on packaging and manufacturing, leveraging their expertise in servers and notebooks, Jensen noted.
The analyst noted that after challenging 2022 and 2023, Rigetti&#8217;s share price has rallied since late 2024, increasing by approximately 1,008% over the last 52 weeks.
He said that Rigetti is in the very early innings of commercializing its technology.
Rigetti can capture 15% of the quantum hardware, software, and services market by 2035, which, at a 10% discount rate, equates to a revenue present value of $477 million, Jensen noted.
While the price performances of other pure-play quantum computing stocks are flat to up year-to-date, the analyst noted Rigetti&#8217;s 22% year-to-date correction as an opportunity to accumulate shares.
Jensen projected second-quarter revenue of $1.8 million and EPS of $(0.06).
Price Action: RGTI stock is up 10.4% at $12.52 at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/m-a/25/06/45832398/ionq-buys-oxford-ionics-in-1-075-billion-deal-to-supercharge-quantum-tech" target="_blank" rel="noreferrer noopener">IonQ Buys Oxford Ionics In $1.075 Billion Deal To Supercharge Quantum Tech</a></li>
</ul>
Photo: Shutterstock

Price Target

GOOGL

INTC

Quantum Computing's Dark Horse Rigetti Stands At The Edge Of Greatness

REGN

Regeneron Pharmaceuticals shares are trading higher after the company's Lynozyfic was granted FDA accelerated approval.

ADBE

Adobe shares are trading lower after its acquisition deal with Figma was blocked by regulators. Redburn Atlantic downgraded the stock from Neutral to Sell and cut its price target from $420 to $280.

Following <a href="https://www.benzinga.com/markets/tech/25/06/46133145/apple-opens-eu-app-store-to-external-payments-to-avoid-fines-under-digital-markets-act-but-adds-new-fees">recent legal setbacks</a> for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) regarding alleged monopolistic practices and new App Store fee policies driven by the EU&#8217;s Digital Markets Act (DMA), Bank of America Securities (BofA) analyst Curtis Nagle has re-evaluated the financial outlook for major subscription service companies.
His updated analysis suggests that a reduction in app store fees, currently a significant cost of revenue, could provide a boost to the earnings of Duolingo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>), Match Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>), and Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>).
The analyst emphasized that while shifts in user and revenue trends will continue to drive sentiment and valuation for subscription-based companies, lower app store fees could offer meaningful earnings upside that Wall Street hasn&#8217;t fully priced in. App store fees currently represent the largest share of cost of revenues, 17% for Duolingo, and 20% each for Match Group and Bumble.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/06/45798733/apple-faces-modest-earnings-hit-after-court-ruling-but-analyst-expects-match-bumble-spotify-set-to-gain" rel="noreferrer noopener">Apple Faces Modest Earnings Hit After Court Ruling But Analyst Expects Match, Bumble, Spotify To Gain</a>
On a gross basis, every 500 basis-point (bps) shift in subscription revenue to off-app payments could boost Duolingo&#8217;s EBITDA by 3.3%, Match&#8217;s by 2.8%, and Bumble&#8217;s by 3.0%. Similarly, a 100 bps reduction in app store fees could lift their EBITDA by 3.2%, 2.7%, and 3.5%, respectively.
While he is constructive on earnings accretion from lower fees, potential offsets include reinvestment of savings and companies limiting efforts to move payments off the app if it results in frictions that decrease subscriber conversion. 
Nagle raised his price forecasts for Bumble <a target="_blank" href="https://www.benzinga.com/quote/BMBL/analyst-ratings" rel="noreferrer noopener">to $5.50 from $5.25</a> and Match Group to <a target="_blank" href="https://www.benzinga.com/quote/MTCH/analyst-ratings" rel="noreferrer noopener">$34 from $32</a> due to higher sector valuation. He <a target="_blank" href="https://www.benzinga.com/quote/DUOL/analyst-ratings" rel="noreferrer noopener">maintained his $450</a> price forecast for Duolingo.
This shift or fee reduction is expected to translate to a 1-2% increase for US-based revenues for these companies. The impact on EU-based revenues is estimated to be smaller, resulting in only a 0.5% EBITDA increase.
As per Nagle, Bumble stands to gain the most from a potential drop in U.S. app fees. Two recent developments, the Apple-The Department of Justice (DOJ) case and an April court ruling in the Apple-Epic case, support this possibility. The analyst noted that the latter ruling allows developers to direct users to off-app payment options. Although Apple is appealing, he pointed out that it plans to comply now.
Bumble, along with Duolingo and Match, is already testing off-app payments. Analysts expect more updates during the second-quarter earnings in August. According to Nagle&#8217;s estimates, every 500 bps shift to off-app payments and a 100 bps cut in U.S. app fees could boost Bumble&#8217;s total EBITDA by 1.7%. He said that even when limited to U.S. subscription revenue via Apple&#8217;s App Store, EBITDA could still rise by 1.2%.
Because Duolingo, Match, and Bumble generate only about 20% of their subscription revenue from the EU, compared to 45% from the U.S., Nagle noted that they have limited earnings upside if EU app fees decline due to DMA compliance. The analyst estimated that every 500 bps shift in EU revenue to off-app payments and a 100 bps reduction in EU app fees would raise total EBITDA for these companies by only about 0.5% on average.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/06/46097698/bumble-is-breaking-up-with-30-staff-investors-swipe-right" target="_blank" rel="noreferrer noopener">Bumble Is &#8216;Breaking Up&#8217; With 30% Staff, Investors Swipe Right</a></li>
</ul>
Photo by DANIEL CONSTANTE via Shutterstock

Analyst Color

Tech

AAPL

BMBL

DUOL

MTCH

App Store Fee Cuts Set To Boost Duolingo, Match, Bumble Earnings

Blue Gold Limited shares are trading higher following the company's recent Nasdaq listing. The company recently said it is actively considering several acquisition opportunities in West Africa and Latin America.

Nike, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) shares are trading higher Wednesday, along with other apparel stocks, following President Donald Trump&#8216;s announcement of a <a href="https://truthsocial.com/@realDonaldTrump/114784170652465525">new trade agreement with Vietnam</a>, a key manufacturing hub for the fashion and apparel industry.
What To Know:&nbsp;Trump's deal imposes a 20% U.S. tariff on Vietnamese imports but gives American companies tariff-free access to Vietnamese markets in return. It also includes a 40% tariff on goods transshipped through Vietnam.
The announcement comes as a 90-day pause on Trump's reciprocal tariffs nears expiration. Vietnam's tariff rate, previously 46%, was cut to 10% during the pause, which is set to expire in about a week.
The deal may be driving apparel stocks higher despite the new 20% tariff, as it formalizes trade terms with a important manufacturing hub, grants the U.S. access to Vietnamese markets and reduces uncertainty ahead of the looming expiration of the reciprocal tariff pause.
Other apparel names trading higher include Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) and RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>).
Related Link: <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46226562/bigbear-ai-bbai-stock-is-up-55-over-the-past-week-whats-going-on">BigBear.ai (BBAI) Stock Is Up 55% Over The Past Week: What&#8217;s Going On?</a>
NKE Price Action: At the time of writing, Nike stock is trading 3.72% higher at $76.14, according to data from <a href="https://www.google.com/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.benzinga.com/pro/&amp;ved=2ahUKEwirhuaa2p6OAxXvEVkFHQnnGT0QFnoECAwQAQ&amp;usg=AOvVaw0xIsPvjIcIIsWev01-6zR2">Benzinga Pro</a>.
Image via Shutterstock

Movers

Nike Stock Is Rising Wednesday: What's Going On?

Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) is joining the ranks of crypto firms <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45751163/ripples-stablecoin-rlusd-gets-regulatory-nod-in-dubai">seeking greater legitimacy</a> and regulatory clarity by applying for a national banking license with the U.S. Office of the Comptroller of the Currency.
The move would shift oversight of Ripple's stablecoin, RLUSD, from New York state regulators to federal jurisdiction, aligning with upcoming stablecoin legislation.
<a href="https://www.wsj.com/finance/regulation/ripple-seeks-a-u-s-banking-license-adding-to-list-of-crypto-companies-e007afa4">According to</a> the Wall Street Journal, Ripple's subsidiary, Standard Custody &amp; Trust, has also submitted an application for a Federal Reserve master account. 
This would give Ripple direct access to U.S. central banking infrastructure, enabling 24/7 issuance and redemption of RLUSD and direct custody of reserves.
The effort comes as Congress prepares to pass the Genius Act, which mandates federal banking charters for stablecoin issuers, pushing firms to proactively align with incoming regulation.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46217148/heres-why-altcoin-season-for-xrp-eth-sol-has-not-happened-yet">Here&#8217;s Why &#8216;Altcoin Season&#8217; For XRP, ETH, SOL Has Not Happened Yet</a>
Why It Matters: Ripple is the latest in a growing list of crypto firms—including Circle, issuer of (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>), and Anchorage Digital working to bridge the gap between crypto and traditional finance through national charters. Circle recently filed for a similar license, and Anchorage remains the only platform so far to hold a federal charter.
As of now, RLUSD has a market cap of $469 million, while Circle's USDC leads the regulated stablecoin space with over $62 billion in circulation.
CEO Brag Garlinghouse <a href="https://x.com/bgarlinghouse/status/1940454339207667941">stated</a> that Ripple has applied for a Fed Master account enabling it to hold RLUSD reserves directly with the Fed and provide an additional layer of security to future proof trust in RLUSD.
Ripple's push into federally regulated banking also aligns with its partnership with OpenPayd, giving it access to fiat payment infrastructure, multi-currency accounts, virtual IBANs, and real-time rails in major global markets, critical for advancing Ripple Payments and expanding RLUSD's real-world use.
Price Action: XRP reacted favorably to the news, up 2.8% over the past 24 hours to $2.25.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46220570/how-trumps-big-beautiful-bill-could-create-a-big-beautiful-bull-run-for-bitcoin-ethereum-xrp">How Trump&#8217;s &#8216;Big Beautiful Bill&#8217; Could Create A &#8216;Big Beautiful Bull Run&#8217; For Bitcoin, Ethereum, XRP</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$USDC

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XRP Spikes 3% As Ripple Applies For US Banking License

Semiconductors are flashing gold again — literally. The VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) just completed <a href="https://www.benzinga.com/topic/golden-cross">a Golden Cross</a>, a bullish technical pattern that illustrates when the 50-day moving average crosses above the 200-day.
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="556" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130145/Screenshot-2025-07-02-at-5.31.45-PM-1024x556.png" alt="" class="wp-image-970815" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130145/Screenshot-2025-07-02-at-5.31.45-PM-1024x556.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130145/Screenshot-2025-07-02-at-5.31.45-PM-300x163.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130145/Screenshot-2025-07-02-at-5.31.45-PM-768x417.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130145/Screenshot-2025-07-02-at-5.31.45-PM.png 1134w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Source: TradingView
The last time this setup occurred, the ETF surged 145% in the following uptrend. Now, with NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Taiwan Semiconductor Manufacturing Co Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) all in breakout mode, traders are wondering: is history about to repeat?
Read Also: <a href="https://www.benzinga.com//node/46151686">Nvidia Just Became The World&#8217;s Most Valuable Stock; Is It Time For A Semiconductor ETF Rethink?</a>
<h1 class="wp-block-heading">The Big 3 Are On Fire</h1>
SMH's rally is being powered by its top holdings. 
<ul class="wp-block-list">
<li>Nvidia, which makes up 21.5% of the ETF, is up 14.5% in the past month, riding the AI server boom and record insider buzz.</li>
<li>Taiwan Semiconductor (11.4% of SMH) has surged 19.4%, buoyed by massive chip demand and strong guidance.</li>
<li>Broadcom (9.9% of SMH) isn't far behind, up 8.9%, after delivering earnings that showcased accelerating AI infrastructure revenue.</li>
</ul>
Combined, these three giants account for over 42% of SMH's assets — and they're all trending higher together.
<h1 class="wp-block-heading">Technicals Back The Bulls</h1>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0702"><img loading="lazy" decoding="async" width="627" height="486" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130452/Screenshot-2025-07-02-at-5.20.26-PM.png" alt="" class="wp-image-970822" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130452/Screenshot-2025-07-02-at-5.20.26-PM.png 627w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02130452/Screenshot-2025-07-02-at-5.20.26-PM-300x233.png 300w" sizes="(max-width: 627px) 100vw, 627px" /></a></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0702">Chart created using Benzinga Pro</a>
Trading at $275.84, SMH is comfortably above its:
<ul class="wp-block-list">
<li>8-day SMA: $272.41</li>
<li>20-day SMA: $263.62</li>
<li>50-day SMA: $241.69</li>
<li>200-day SMA: $240.17</li>
</ul>
That's a full-stack bullish setup. The MACD (moving average convergence/divergence) reads 9.86, and RSI (relative strength index) has ticked above 70, reflecting strong buying momentum, though nearing overbought levels.
Last time this golden cross pattern formed, SMH launched into a 144%+ rally over the following year. With the sector's fundamentals aligned around AI, chips and hyperscaler demand, another big move could be on the cards.
If you missed the last semiconductor melt-up, this golden cross may be your second shot. Just be warned — RSI is signaling heat, so timing matters.
Read Next: 
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<li><a href="https://www.benzinga.com//node/46038721">TSMC, ASML, Nvidia Drag Down Chip ETFs Amid Trump-Era Policy Revival</a></li>
</ul>
Photo: Shutterstock

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Nvidia, Taiwan Semiconductor, Broadcom Drive Chip Stocks To A Golden Cross — Will History Repeat With 145% Rally?

The U.S. Food and Drug Administration (FDA) has accepted and granted priority review for Merck &amp; Co. Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) new supplemental Biologics License Application (sBLA) seeking approval to update the U.S. product label based on the Phase 3 ZENITH trial <a target="_blank" href="https://www.benzinga.com/general/biotech/24/03/37968294/merck-stock-soars-on-fda-approval-for-winrevair-technical-analysis-and-market-outlook" rel="noreferrer noopener">for Winrevair (sotatercept-csrk)</a>.
In 2024, Winrevair was approved for adults with pulmonary arterial hypertension (PAH, Group 1 PH) to increase exercise capacity, improve WHO functional class (FC), and reduce the risk of clinical worsening events.
The FDA has set a Prescription Drug User Fee Act (PDUFA), or target <a href="https://www.benzinga.com/general/health-care" target="_blank" rel="noreferrer noopener">action date, of October 25</a>. The supplemental marketing application is based on Phase 3 ZENITH trial data.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/health-care/25/06/46136734/rfk-jrs-cdc-panel-recommends-mercks-rsv-shot-for-infants" rel="noreferrer noopener">RFK Jr&#8217;s CDC Panel Recommends Merck&#8217;s RSV Shot For Infants</a>
The ZENITH trial was the first PAH Phase 3 outcome study to use a primary endpoint comprised entirely of major morbidity and mortality events.
It was also the first PAH Phase 3 study stopped early by an independent data monitoring <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/b46215838/fda-grants-priority-review-for-winrevair-sotatercept-csrk-to-update-label-based-on-results-from-ze" rel="noreferrer noopener">committee for overwhelming efficacy</a>.
In ZENITH, Winrevair demonstrated a 76% reduction in the risk of a composite of all-cause death, lung transplantation, and hospitalization for PAH ≥24 hours compared to placebo. Improvement was observed early in treatment with increasing benefit throughout the study.
The safety profile of Winrevair in ZENITH was generally consistent with that observed in previous studies. These results were published in the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nejm.org%2Fdoi%2Ffull%2F10.1056%2FNEJMoa2415160&amp;esheet=54285073&amp;newsitemid=20250702111344&amp;lan=en-US&amp;anchor=New+England+Journal+of+Medicine&amp;index=1&amp;md5=e9c0116b90b6f5740edc5bf503195a4b" target="_blank" rel="noreferrer noopener">New England Journal of Medicine</a>. Winrevair is currently approved in more than 45 countries based on the results from the STELLAR trial.
In June, Merck released topline results from the Phase 3 HYPERION study evaluating Winrevair versus placebo (both in combination with background therapy) in recently diagnosed adults with PAH functional class (FC) II or III at intermediate or <a target="_blank" href="https://www.benzinga.com/news/health-care/25/06/46058344/mercks-hypertension-drug-cuts-clinical-worsening-risk-in-over-70-of-patients-on-double-background-therapy" rel="noreferrer noopener">high risk of disease progression</a>.
HYPERION met its primary endpoint of time to clinical worsening (TTCW) as measured by a composite endpoint of all-cause death, the need for non-planned PAH-related hospitalization &gt; 24 hours, atrial septostomy, lung transplantation, or PAH deterioration.
In HYPERION, Winrevair added on top of background therapy (72.2% of patients on double therapy) within 12 months after initial diagnosis of PAH demonstrated a statistically significant and clinically meaningful reduction in the risk of clinical worsening events compared to placebo.
Price Action: MRK stock is trading higher by 0.39% to $82.13 at last check Wednesday.
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