La catena delle opzioni mostra i dati chiave delle opzioni azionarie di SEMrush Hldgs a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per SEMrush Hldgs..

SEMrush Hldgs (NYSE:SEMR) Azioni, Catena delle Opzioni

SEMrush Hldgs

SEMrush Holdings Inc is engaged in the provision of an online visibility management software-as-a-service platform. Its platform enables subscribers to improve their online visibility and drive traffic, including on their websites and social media pages, and distribute highly relevant content to their customers on a targeted basis across various channels to drive high-quality traffic and measure the effectiveness of their digital marketing campaigns. Geographically, it generates revenues from the US, the UK, and other regions.

SEMrush Holdings, Inc. Class A Common Stock

SEMrush Holdings Inc

SKYSCRAPER-01 is a global Phase III, randomized, double-blinded study evaluating tiragolumab plus Tecentriq compared to Tecentriq alone in 534 patients with PD-L1-high previously untreated, locally advanced unresectable or metastatic NSCLC. Patients were randomized 1:1 to receive either tiragolumab plus Tecentriq or placebo plus Tecentriq, until disease progression, loss of clinical benefit, or unacceptable toxicity. The study did not reach the primary endpoint of overall survival at the final analysis. The overall safety profile observed remained consistent with longer follow-up, and no new safety signals were identified. The detailed data will be presented at a medical meeting in 2025.

News

RHHBF

RHHBY

RHHVF

Roche's Genentech Provides Update On SKYSCRAPER-01 Phase III Study In PD-L1-High NSCLC Patients

Poseida stockholders to receive up to $13.00 per share in cash, comprised of $9.00 per share in cash at closing and a non-tradeable contingent value right (CVR) to receive up to an aggregate of $4.00 per share in cash; transaction represents total equity value of up to $1.5 billion
Poseida to join the Roche Group and advance its innovative pipeline of non-viral, TSCM-rich CAR-T therapies and genetic medicines as part of Roche's Pharmaceuticals

PSTX

Poseida Therapeutics To Be Acquired bB Roche In $1.5B Deal, Stockholders To Receive Up To $13/ Share In Cash

NASA has selected Elon Musk&#8216;s SpaceX to provide launch services for a rotorcraft lander mission aimed at exploring the largest moon of the planet Saturn in July 2028
What Happened: The deal is priced at about $256.6 million, including launch services and other related costs. 
The mission is expected to fly in the period from July 5 to July 25, 2028, on a SpaceX Falcon Heavy rocket from Florida to explore the moon called Titan. 
&#8220;Dragonfly centers on novel approach to planetary exploration, employing a rotorcraft-lander to travel between and sample diverse sites on Saturn's largest moon,&#8221; NASA said in a statement.
The mission is aimed at identifying the habitability of Titan's environment and searching for chemical indications of whether water-based or hydrocarbon-based life once existed on Saturn's moon, among other goals.
Why It Matters: SpaceX has multiple contracts with NASA to fly astronauts and cargo to the International Space Station (ISS) and also to <a href="https://www.benzinga.com/news/24/07/39870115/spacex-ceo-elon-musk-says-safe-destruction-of-international-space-station-will-be-a-very-dramatic-ev">bring down the space station</a> upon its retirement around 2030. 
NASA is also relying on a particular version of SpaceX&#8217;s Starship launch vehicle called the <a href="https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs">Human Landing System or HLS</a> to enable astronauts to land back on the surface of the Moon for the first time since 1972.
During the Artemis 3 mission, slated for no earlier than September 2026, the Starship HLS will be launched first and it will wait for NASA's Orion spacecraft in lunar orbit after filling its tanks in space. Once the Orion spacecraft arrives, the HLS will dock with it. Two of the four crew members on the mission will transfer from Orion to Starship and descend to the surface of the moon.
The last time humans set foot on the Moon was in 1972 <a href="https://www.benzinga.com/news/24/01/36692749/just-a-worse-version-of-apollo-elon-musk-baffled-by-nasa-veterans-push-to-ditch-spacex-blue-origin-a" target="_blank" rel="noreferrer noopener">with Apollo 17</a>. Since then, no crew has traveled beyond low-Earth orbit.
While SpaceX is not yet listed on the exchanges, investors can leverage Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>) and Cathie Wood&#8216;s Ark Venture Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKVX#NASDAQ">ARKVX</a>) to participate in the Musk-led space company's growth.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42058338/byd-makes-a-million-nevs-in-less-than-2-months" target="_blank" rel="noreferrer noopener">BYD Makes A Million NEVs In Less Than 2 Months After Beating Tesla For The First Time Since 2022 In Quarterly Revenue</a></li>
</ul>
Photo courtesy: NASA

SPACE

Tech

ARKVX

DXYZ

SpaceX Falcon Heavy To Launch NASA's Dragonfly Mission To Saturn's Largest Moon In 2028

The Company intends to use the net proceeds of this offering, together with cash on hand, including from recent sales under the Company's "at the market" offering program, to repay the $478.0 million mortgage loan with a fixed effective interest rate of approximately 9.0% and which is secured by its Washington Square property. Pending such use, the Compa

Macerich Prices Upsized $395M Public Offering Of 20M Common Shares At $19.75/Share

Nokia and du conclude successful transport network slicing trial in UAE
<ul>
<li>Nokia network slicing technology will help du tailor segments customized to user needs.</li>
<li>The first of its kind in the region, the live transport network slicing deployment will cater to specific requirements for bandwidth, latency, and reliability.</li>
</ul>

Nokia And du Complete Successful Trial Of Transport Network Slicing In The UAE

Telegram has reported significant financial growth in the first half of 2024, with revenue reaching $525 million, driven by strong performance in cryptocurrency holdings. This is despite ongoing legal challenges facing its CEO, Pavel Durov.
What Happened: Telegram&#8217;s financial disclosures indicate that the company has benefited from the rising value of its cryptocurrency holdings, which have grown to $1.3 billion, <a href="https://www.ft.com/content/a48acdae-6a6c-4073-894f-89ef5cf8b185">reported</a> Financial Times, citing the company's unaudited financial statements.
This increase, along with proceeds from selling Toncoins, has provided a financial cushion for the Dubai-based firm amid Durov&#8217;s legal troubles.
In August, Durov was detained by <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40558693/telegram-ceo-pavel-durov-faces-12-serious-charges-french-prosecutor-reveals">French authorities in Paris</a>, facing preliminary charges related to alleged criminal activities on the platform.&nbsp;
See Also: <a href="https://www.benzinga.com/24/11/42154224/weekend-round-up-ai-dominates-headlines-with-nvidia-elon-musk-and-hollywoods-big-names?itm_source=parsely-api">Weekend Round-Up: AI Dominates Headlines With Nvidia, Elon Musk, And Hollywood&#8217;s Big Names</a>
Despite these challenges, Telegram informed investors that the situation has not materially impacted its operations.
The company generated $225 million from a one-time deal involving Toncoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TON</a>), initially developed by Telegram but now managed by an open-source community. 
Telegram&#8217;s financial statements also show a post-tax profit of $335 million for the first half of the year.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Telegram&#8217;s financial health has been under scrutiny, especially with reports suggesting a <a href="https://www.benzinga.com/news/24/09/40669018/telegrams-financial-health-in-question-a-roadblock-to-30b-ipo">loss of $108 million on revenue</a> of $342 million in the previous year.
Despite these challenges, the company has been eyeing a $30 billion IPO in 2026. It remains focused on monetization through ads and premium subscriptions.
A significant portion of Telegram&#8217;s revenue, over 40%, is derived from <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40659490/telegram-derives-40-of-its-revenue-from-crypto-related-operations">crypto-related operations</a>, including its integrated wallet and sale of collectibles.
This reliance on cryptocurrency has provided a financial buffer amid legal challenges.
Additionally, <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41437710/v3v-ventures-invests-5-million-in-premium-telegram-usernames-seizing-unique-advantages-to-">investments like the $5 million</a> by V3V Ventures in premium Telegram usernames highlight the platform&#8217;s potential in the crypto space, as these usernames are seen as valuable assets for building crypto channels.
Price Action: Toncoin is priced at $6.26, reflecting a 2.16% rise over the past 24 hours. However, its trading volume has declined by 15.18%, amounting to $626.53 million at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42155932/apple-black-friday-2024-get-up-to-200-in-gift-cards-on-iphones-macs-airpods-and-more-heres-everything-you-need-to-know?itm_source=parsely-api">Apple&#8217;s 2024 Black Friday Deals: Gift Cards Over Discounts — Here&#8217;s What You&#8217;ll Get</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Social Media

Media

$TON

Telegram's $1.3B Crypto Windfall Shields Business Amid Pavel Durov's Legal Troubles, Toncoin Emerges As The Golden Goose

Former Treasury Secretary Larry Summers predicts potentially significant economic disruption under a potential President-elect Donald Trump&#8216;s administration, cautioning that proposed economic policies could trigger an inflation shock more substantial than recent experiences.
What Happened: In a recent interview, Summers highlighted two primary concerns about the proposed economic agenda: massive demand-side stimulus and substantial supply-side disruptions. The critical components include widespread tax cuts, potential budget deficit expansion, and comprehensive tariff implementations.
&#8220;If they were literally implemented, I have little doubt the Trump program is a far larger stimulus to inflation than anything President [Joe] Biden enacted,&#8221; Summers told CNN.
&#8220;Markets go up, markets go down. Their record in predicting inflation isn&#8217;t very good,&#8221; Summers said. 
Key inflationary risks include:
<ol>
<li>Widespread Tax Cuts: Potentially bloating the federal budget deficit</li>
<li>Across-Board Tariffs: Substantial increases on Chinese goods and imports</li>
<li>Labor Market Disruptions: Potential massive worker deportations creating labor shortages</li>
</ol>
See Also: <a href="https://www.benzinga.com/24/11/42180029/ark-invest-shakes-up-portfolio-with-big-tesla-and-amazon-trades">Want To Invest In Elon Musk&#8217;s Private Companies Like SpaceX And xAI? Here&#8217;s How You Can Do It Via This Cathie-Wood ETF</a>
Why It Matters: Supporting economic analysis from Goldman Sachs reinforces Summers&#8217; concerns. The investment bank estimates a universal 10% tariff could push inflation back to 3%, raising core personal consumption <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs">expenditures inflation by 0.9-1.2 percentage points</a>.
Market indicators currently show resilience. S&amp;P 500 tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) has gained 3.61%, trading at $597.53, while Nasdaq-100 Index tracked by Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) increased 2.92% to $506.59, according to <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Summers emphasized the potential systemic risks, warning that special economic deals could undermine the rule-based market economy that has historically supported robust U.S. market valuations.
The potential economic shifts come amid a complex fiscal landscape, with the U.S. federal budget deficit projected to reach $1.7 trillion in 2024 and the <a href="https://www.benzinga.com/government/24/10/41461338/imf-upwardly-revises-us-economic-growth-but-warns-under-current-policies-the-us-public-debt-is-not-s">debt-to-GDP ratio approaching 120%</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42180029/ark-invest-shakes-up-portfolio-with-big-tesla-and-amazon-trades">Cathie Wood-Led Ark Invest&#8217;s Latest Portfolio Maneuver: Dumps Tesla And Palantir Shares, Buys Amazon And AMD Stock</a></li>
</ul>
Image Via Flickr
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>

Global

Economics

Markets

ETFs

Larry Summers Warns Trump Policies Could Push Prices Higher Than Biden's Actions: Markets Not A Good Predictor Of Inflation

Macro Economic Events

Econ #s

BBJP

WisdomTree Trust Japan Total Dividend Fund

Bank of Japan Core Consumer Price Index (YoY) 1.5% Vs. 1.8% Est.; 1.7% Prior

Asset management firm VanEck&nbsp;expressed optimism at El Salvador&#8217;s bold Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) bet, terming it as a model of innovation for the emerging world.
What Happened: A report penned by Matthew Sigel, VanEck&#8217;s Head of Digital Assets Research, took stock of the Central American nation&#8217;s experience with Bitcoin and its positive impact.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">How El Salvador Became Latin America&#39;s Comeback Story: New VanEck Research <a href="https://t.co/mygU0TbTJs">https://t.co/mygU0TbTJs</a>
&mdash; Nayib Bukele (@nayibbukele) <a href="https://twitter.com/nayibbukele/status/1861123139788255290?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The report highlighted that nearly 8% of Salvadorans have&nbsp;used Bitcoin for transactions by 2024, terming it a &#8220;meaningful step&#8221; forward for a country with traditionally low electronic payment adoption rates.
Sigel touched down on the country&#8217;s soaring Bitcoin reserves, which represented 1.6% of the country&#8217;s GDP. 
The idea of a &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/23/12/36192059/el-salvadors-volcanic-bitcoin-bond-approval-sets-stage-to-build-a-crypto-city">Volcano Bond</a>,&#8221; the proceeds of which are aimed to fund the development of Bitcoin City, an economic zone powered by geothermal energy, was also lauded. 
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42155055/crypto-analyst-bitcoin-poised-to-skyrocket-to-180k-and-eventually-top-1m">Crypto Analyst: Bitcoin Poised To Skyrocket To $180K and &#8216;Eventually&#8217; Top $1M</a>
Furthermore, VanEck bet on the country&#8217;s potential as a clean energy-powered Bitcoin mining hub. Interestingly, President Nayib Bukele <a href="https://www.benzinga.com/24/11/42157461/el-salvadors-nayib-bukele-fancies-the-idea-of-renting-volcanoes-to-mine-bitcoin">floated</a> the "rent your volcano to mine&nbsp;Bitcoin&#8221; idea just a day before.
The report also foresaw strong collaboration between the incoming Donald Trump <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42122348/trumps-planned-crypto-council-may-oversee-bitcoin-reserve-report">administration</a> and El Salvador.
&#8220;With Trump's well-documented support for Bitcoin and focus on reshoring and "friend-shoring" supply chains, El Salvador could emerge as a strategic partner in U.S. efforts to build regional alliances.&#8221;
Why It Matters: El Salvador has doubled down on Bitcoin ever since adopting the world&#8217;s largest digital currency as a legal tender in 2021. The country has adopted a plan&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37763988/pro-bitcoin-president-nayib-bukele-says-el-salvador-will-purchase-btc-daily-until-king-cry" target="_blank" rel="noreferrer noopener">to buy one Bitcoin every day</a>, until it becomes unaffordable with fiat currencies.
As of this writing, El Salvador&nbsp;<a href="https://bitcoin.gob.sv/" target="_blank" rel="noreferrer noopener">holds&nbsp;</a>5,945.77 Bitcoins in its treasury, worth nearly $561 million at current market prices.
But despite the promising figures, the Bitcoin adoption in El Salvador <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40644084/el-salvador-president-nayib-bukele-says-bitcoin-uptake-hasnt-been-a-resounding-success-we-">has not been a resounding success</a>. 
Earlier in August, President Bukele admitted that the uptake of Bitcoin in the country hasn&#8217;t been as widespread as anticipated. However, he emphasized that the government never forced anyone to adopt it, offering it as an option instead.
Price Action: As of this writing, Bitcoin was exchanging hands at $94,259.83, down 3.74% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Photo Courtesy: Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42154900/crypto-expert-who-called-2022-market-crash-warns-about-bitcoin">Crypto Expert Who Called 2022 Market Crash Warns About Bitcoin</a></li>
</ul>

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

Cryptocurrency

$BTC

Pro-Bitcoin Trump Administration Could See El Salvador Emerging As US 'Strategic Partner,' Says VanEck

Shares of Brightcove Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCOV#NASDAQ">BCOV</a>) soared 35.42% on Monday to close at $4.32 following news of Halper Sadeh LLC's investigation into the fairness of the company's proposed sale to Bending Spoons for $4.45 per share in cash. 
What Happened: The stock remains volatile, slightly dipping 0.23% in after-hours trading. Year-to-date, BCOV has gained 73.49%, though it is down nearly 70% from its 2021 high of $24.43, according to <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
The legal firm is probing whether Brightcove's board secured optimal value for shareholders, citing concerns that the deal may undervalue the company. Halper Sadeh may seek higher compensation or additional disclosures.
This development comes amid a long-term decline in BCOV's valuation, with the stock trading significantly below its all-time high of $24.80 reached in 2012. 
The investigation underscores shareholder apprehension over whether the board has upheld its fiduciary duties in the merger process.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42179823/opi-shares-surge-over-44-as-debt-refinancing-plan-offers-340m-solution-for-2025-notes">OPI Shares Surge Over 44% As Debt Refinancing Plan Offers $340M Solution For 2025 Notes</a></li>
</ul>
Image via Pexels
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

BCOV

Brightcove Stock Jumps 35% Amid Legal Probe Into $4.45 Per Share Acquisition Deal

Cathie Wood's ARK Venture Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKVX#NASDAQ">ARKVX</a>) now offers investors a way to access private companies led by Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk, including SpaceX, X, formerly Twitter, and xAI.
What Happened: On Monday, Wood took to X, and shared that the ARK Venture Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKVX#NASDAQ">ARKVX</a>), managed by ARK Invest, has opened up an investment opportunity in Musk&#8217;s private ventures.
This includes SpaceX, the aerospace manufacturer and space transportation company; X, the rebranded social media platform previously known as Twitter; and xAI, Musk's artificial intelligence company.&nbsp;
By investing in this fund, individuals can gain indirect exposure to these high-profile companies that are not publicly traded.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42122886/cathie-woods-3-8-million-bitcoin-vision-met-with-doubt-83-say-not-by-2030">Cathie Wood&#8217;s $3.8 Million Bitcoin Vision Met With Doubt: 83% Say Not By 2030</a>
In the ARK Venture Fund's portfolio, SpaceX is the most significant holding, accounting for 12.7% of the fund's total weight.
X Corp. holds a smaller share at 0.65%, while xAI represents 1.5% of the portfolio. Musk's EV company Tesla remains part of the fund with a 0.5% weight.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We are known for our early investment in <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a>. Now, investors can access <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a>&#39;s private companies like <a href="https://twitter.com/SpaceX?ref_src=twsrc%5Etfw">@SpaceX</a>, <a href="https://twitter.com/X?ref_src=twsrc%5Etfw">@X</a>, and <a href="https://twitter.com/xai?ref_src=twsrc%5Etfw">@XAI</a> in the ARK Venture Fund. To learn about the Fund and view current holdings, click here: <a href="https://t.co/sKsHEfyphp">https://t.co/sKsHEfyphp</a>. Holdings are subject to change. <a href="https://t.co/dPrsueLw92">pic.twitter.com/dPrsueLw92</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1861073282348241040?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Previously, it was reported that SpaceX was planning to launch a tender offer next month, allowing the sale of shares at $135 each, which would value the <a href="https://www.benzinga.com/24/11/42022150/spacex-to-launch-tender-offer-valuing-company-at-over-250-billion-report">company at over $250 billion</a>.
On the other hand, Fidelity&#8217;s latest valuation <a href="https://www.benzinga.com/top-stories/24/10/41603930/trump-vs-musk-djt-stock-worth-more-than-latest-x-valuation-thanks-to-2024-election-run-up">estimates X at $9.4 billion</a>, a sharp drop from its $44 billion valuation in 2022 when Musk acquired the company.
However, following major advertisers exodus, things appear to be getting better for Musk's social media platform.
Earlier this month, Musk thanked major brands such as IBM, Walt Disney Co., Comcast, and Warner Bros. Discovery for returning to advertise on X.
After the U.S. 2024 Presidential election, reports indicated that some advertisers are considering returning to X to align with both Musk and President-Elect Donald Trump.
Meanwhile, Musk&#8217;s AI startup, xAI, is reportedly seeking to raise as much as $6 billion to acquire 100,000 Nvidia Corporation chips. This new funding round would <a href="https://www.benzinga.com/24/11/42022077/elon-musks-xai-seeks-6b-at-50b-valuation-to-acquire-100k-nvidia-chips-for-memphis-data-center">value xAI at $50 billion</a>, more than twice its previous valuation of $24 billion.
Price Action: ARK Venture Fund ended Monday&#8217;s regular session up 0.43%, reaching $28.22, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Image via Flickr
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42180029/ark-invest-shakes-up-portfolio-with-big-tesla-and-amazon-trades">Cathie Wood-Led Ark Invest&#8217;s Latest Portfolio Maneuver: Dumps Tesla And Palantir Shares, Buys Amazon And AMD Stock</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSLA

Want To Invest In Elon Musk's Private Companies Like SpaceX And xAI? Here's How You Can Do It Via This Cathie-Wood ETF

Renowned economist&nbsp;Peter Schiff&nbsp;came hard at the U.S. government&#8217;s endorsement of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), predicting potential economic consequences.
What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration&#8217;s bet on the world&#8217;s leading cryptocurrency.
&#8220;Thanks to the Trump administration&#8217;s&nbsp;picking Bitcoin, Wall Street is&nbsp;winning bigly misallocating capital to&nbsp;Bitcoin and related value-destroying businesses,&#8221; Schiff stated.
Schiff&#8217;s remarks appeared to be directed at MicroStrategy Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) aggressive Bitcoin buying strategy, now being emulated by other Wall Street <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42179537/rumble-bets-on-bitcoin-with-new-treasury-strategy-ceo-calls-it-an-excellent-addition">companies </a>like Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>). 
In what appeared to be a dig at Trump&#8217;s popular &#8216;Make America Great Again&#8217; slogan, Schiff said that becoming a Bitcoin superpower would make &#8220;America weaker.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">When government picks winners and losers, it usually picks losers. Thanks to the <a href="https://twitter.com/hashtag/Trump?src=hash&amp;ref_src=twsrc%5Etfw">#Trump</a> administration&#39;s picking <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>, Wall Street is winning bigly misallocating capital to Bitcoin and related value-destroying businesses. Becoming the Bitcoin superpower makes America weaker.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1861034748522414500?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42176684/exclusive-tim-draper-predicts-bitcoin-to-reach-120k-by-end-of-2024-250k-in-2025">EXCLUSIVE: Tim Draper Predicts Bitcoin To Reach $120K By End Of 2024, $250K In 2025</a>
Why It Matters: Schiff&#8217;s comments come in the wake of his previous warnings about the potential economic catastrophe that could result from the U.S. government establishing a strategic Bitcoin reserve. 
He warned that the government would have to print more dollars to buy additional Bitcoin, which could <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41886523/peter-schiff-us-bitcoin-reserve-could-destroy-dollar-predicts-its-highly-unlikely-to-happen">spiral into hyperinflation and severely devalue the dollar</a>.
The staunch Bitcoin critic has also been unsparing in his attack on Michael Saylor&#8217;s MicroStrategy, the firm currently hogging all the limelight because of its <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42159139/microstrategy-shares-rise-in-monday-pre-market-as-michael-saylor-reveals-mstr-generating-500m-daily-amid-bitcoins-surge">aggressive BTC purchases.</a> He&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41478505/peter-schiff-predicts-a-bloodbath-for-microstrategy-stock-calls-it-the-most-overvalued-on-" target="_blank" rel="noreferrer noopener">predicted a ‘bloodbath'</a>&nbsp;for MicroStrategy's stock, terming it the most overvalued on the MSCI World Index.
Despite Schiff&#8217;s criticism, analysts&nbsp;argue&nbsp;that establishing a Bitcoin reserve would lend <a href="https://blog.coinshares.com/how-trumps-victory-could-boost-bitcoin-s-prospects-c5bb8d3c5bc8">Bitcoin historic legitimacy</a> and drive institutional interest, potentially accelerating its growth and pushing its value to unprecedented levels.
Price Action: At the time of writing, Bitcoin was trading at $94,547.92, sliding 3.16% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Image via Wikimedia Commons
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42163156/why-bitcoins-rally-is-stalling-below-100000">Why Bitcoin&#8217;s Rally Is Stalling Below $100,000</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

MSTR

Peter Schiff Warns Trump's Bitcoin Support Could Lead To Economic Chaos, Make America 'Weaker' As Wall Street Misallocates 'Bigly'

On Monday, Cathie Wood&#8217;s Ark Invest made significant trades involving Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>). These trades were part of a series of strategic moves made by the investment firm.
The Tesla Trade
Ark Invest sold 20,552 Tesla shares across two of its ETFs. The ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) fund sold 13,136 shares, while the ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) fund sold 7,416 shares. The total value of the sold shares, based on the closing price of $338.59, amounts to approximately $7 million. This move comes amidst news that Tesla vehicles <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42175967/whats-going-on-with-tesla-stock-today-3">may not be eligible</a> for rebates under a new California consumer rebates proposal, causing Tesla shares to close lower on Monday.
The Amazon Trade
Ark Invest&#8217;s ARKQ fund bought 19,747 shares of Amazon. The value of this trade, calculated from the closing price of $201.45, is approximately $4 million. This purchase follows <a href="https://www.benzinga.com/24/11/42176396/amazon-anthropic">Amazon&#8217;s recent investment</a> of $8 billion in artificial intelligence research and development company, Anthropic. Amazon&#8217;s partnership with Anthropic is expected to be mutually beneficial, with Anthropic naming Amazon Web Services as its primary training partner and cloud provider. The Palantir Trade
On Monday, Ark sold 26,047 shares of Palantir worth $1.7 million through its ARKK ETF.
Ark Invest&#8217;s move to trade in PLTR follows a significant endorsement of the artificial intelligence software sector by Wedbush Securities. The firm&#8217;s Managing Director, Dan Ives, has predicted that 2025 will be a pivotal year for AI implementation across the industry. This comes as <a href="https://www.benzinga.com/news/global/24/11/42156160/palantir-price-target-raised-to-75-by-dan-ives-amid-288-ytd-surge-analyst-calls-2025-a-primetime-year-for-ai">Palantir continues its impressive ascent</a>, having surged 288% year-to-date.
In a sector-wide upgrade, Ives raised Palantir's price target to $75, signaling broader confidence in the software sector's AI potential. The last close price for PLTR was $64.65, marking a 0.47% increase.
The AMD Trade
The Wood-led firm purchased 10,753 shares of AMD worth $1.5 million on Monday. The last close price for AMD was $141.13, marking a 2.01% increase.
Ark Invest&#8217;s trade in AMD comes as the company reportedly plans to enter the mobile device market with new accelerated processing unit (APU) chips designed for smartphones. These chips will leverage <a href="https://www.benzinga.com/media/24/11/42168509/amd-teams-up-with-taiwan-semi-to-take-on-samsung-in-smartphone-market">Taiwan Semiconductor Manufacturing Co's 3nm process</a>, extending Taiwan Semiconductor's order visibility for 3nm production into late 2026.
See Also: <a href="https://www.benzinga.com/markets/24/11/42152947/satellite-images-reveal-north-korea-reportedly-receiving-illicit-oil-from-russia?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Satellite Images Reveal North Korea Reportedly Receiving Illicit Oil from Russia</a>
AMD is also boosting its presence in India, with a $400 million investment aimed at enhancing its R&amp;D capabilities and tapping into the burgeoning market.
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/42153356/is-warren-buffett-preparing-for-a-market-downturn-with-berkshire-hathaways-325b-cash-pile-analyst-says-internet-bubble-and-2008-crash-may-have-lessons?itm_source=parsely-api" target="_blank" rel="noopener">Is Warren Buffett Preparing For A Market Downturn With Berkshire Hathaway&#8217;s $325B Cash Pile? Analyst Says</a>
Other Key Trades:
<ul>
<li>Ark Invest&#8217;s ARKF fund sold shares of SoFi Technologies Inc and bought shares of Ibotta Inc.</li>
<li>The ARKG fund sold shares of Butterfly Network Inc and bought shares of Recursion Pharmaceuticals Inc.</li>
<li>The ARKW fund bought shares of 3iQ Ether Staking ETF and sold shares of Genius Sports Ltd.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments?itm_source=parsely-api" target="_blank" rel="noopener">Musk Tweet Sparks Dogecoin Surge, Fuels Speculation On X Payments</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

AMZN

ARKK

ARKQ

PLTR

Cathie Wood-Led Ark Invest's Latest Portfolio Maneuver: Dumps Tesla And Palantir Shares, Buys Amazon And AMD Stock

Wedbush analyst Dan Ives has reaffirmed his $75 price target on Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), citing strong growth potential amid the AI revolution.
What Happened: On Monday, while appearing in a segment of CNBC, Ives argued that the market is undervaluing Palantir&#8217;s potential, especially in the software sector.
He highlighted that the company&#8217;s enterprise solutions could generate billions in revenue, positioning Palantir as a future leader like Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>).&nbsp;
Despite the current market price hovering around $37, Ives remains optimistic about Palantir&#8217;s growth trajectory in the coming years.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42169194/joby-gets-toyotas-500m-dollar-lift-evtol-pioneer-making-new-highs?itm_source=parsely-api">Joby Gets Toyota&#8217;s $500M Dollar Lift: eVTOL Pioneer Making New Highs</a>
He acknowledged the skepticism from bears but maintained that the company&#8217;s advancements in AI and software use cases are unparalleled.
"The haters will continue to hate," Ives said, adding, "They are still underestimating when it comes to the software, the use cases." He continued by saying that there's no product out there that matches what Palantir has done with AIP.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Dan Ives breaks down why <a href="https://twitter.com/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLTR</a> is just scratching the surface &#x1f44f; <a href="https://t.co/W3hSrOhBAG">pic.twitter.com/W3hSrOhBAG</a>
&mdash; Tom Nash (@iamtomnash) <a href="https://twitter.com/iamtomnash/status/1861125940585082987?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Palantir&#8217;s Advanced Intelligence Platform or AIP, introduced in April 2023, integrates advanced AI features like large language models into the company's Foundry and Gotham platforms. It aims to streamline decision-making in sectors such as defense and intelligence.
Why It Matters: The endorsement from Ives comes as Palantir experiences a remarkable ascent, with its stock <a href="https://www.benzinga.com/news/global/24/11/42156160/palantir-price-target-raised-to-75-by-dan-ives-amid-288-ytd-surge-analyst-calls-2025-a-primetime-year-for-ai">surging 289.928% year-to-date</a>.
Ives has previously raised Palantir's price target to $75, highlighting 2025 as a pivotal year for AI implementation across the industry.
This optimism is shared with other software companies like Elastic NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) and Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), which were also upgraded to Buy ratings.
Despite the bullish outlook, some analysts have <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42039361/palantir-soars-to-150b-market-cap-as-analysts-flag-risks-in-valuation-insider-sales">flagged risks in Palantir&#8217;s valuation</a>. Hedge fund titans like Renaissance Technologies and ARK Investment Management have trimmed their stakes, selling over 3 million shares in the third quarter, although they still hold significant positions.
Palantir&#8217;s third-quarter earnings report <a href="https://www.benzinga.com/news/earnings/24/11/41730179/palantir-q3-earnings-revenue-beat-eps-beat-customers-up-39-raises-guidance-results-driven-by-unrele">showed a revenue beat</a>, with total revenue up 30% year-over-year, driven by &#8220;unrelenting AI demand.&#8221;
U.S. revenue grew 44% year-over-year, with commercial and government sectors showing significant growth, further supporting Ives&#8217; bullish stance.
Price Action: Palantir's stock finished Monday at $64.65, up 0.47% during regular trading. However, it dropped 1.24% in after-hours trading, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Photo by Spyro the Dragon on Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/media/24/11/42151510/jensen-huangs-nvidia-fast-tracks-samsungs-ai-memory-certification-as-ai-giant-looks-to-catch-up-to-demand?itm_source=parsely-api">Jensen Huang&#8217;s Nvidia Fast-Tracks Samsung&#8217;s AI Memory Certification As AI Giant Looks To Catch Up To Demand</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

ESTC

ORCL

SNOW

Dan Ives Defends $75 Palantir Target Amid AI Revolution And Revenue Surge: 'Haters Will Continue To Hate'

Leading cryptocurrencies witnessed sell-offs on Monday as Bitcoin&#8217;s psychologically significant $100,000 barrier remained elusive.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-2.54%</td>
<td>$94,742.80</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+3.81%</td>
<td>$3,452.30</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.28%</td>
<td>$0.4071</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The leading cryptocurrency went downhill during U.S. trading hours, falling as low as $92,600, Overnight buying pushed the digital asset above $94,000.
Ethereum, on the other hand, rallied past $3,500 for the first time in four months. The rally triggered strong inflows into Ether spot exchange-traded funds (ETFs) totaling $283,000, <a href="https://sosovalue.com/assets/etf/us-btc-spot">according </a>to SoSo Value. In comparison, Bitcoin ETFs bled more than $684 million.&nbsp;
Over $386 million in long positions were liquidated in the past 24 hours. Additionally, more than $832 million in short positions risk liquidation if Bitcoin's price rebounds to $98,000.
Interestingly, the number of traders placing bullish bets on Bitcoin increased sharply against those shorting the asset, as per the Long/Shorts Ratio on cryptocurrency exchange Binance. This suggested that traders were buying the dip.
The reading on the Cryptocurrency Fear and Greed Index fell from 82 to 79, though overall sentiment remained in the "Extreme Greed" region.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Lido DAO (LDO)</td>
<td>+17.02%</td>
<td>$1.66</td>
</tr>
<tr>
<td>Arbitrum (ARB)</td>
<td>+9.92%</td>
<td>$0.914</td>
</tr>
<tr>
<td>Optimism (OP)</td>
<td>+9.80%</td>
<td>$2.33</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.25 trillion, following a contraction of 2.61% in the last 24 hours.
Stocks touched new peaks on Monday. The Dow Jones Industrial Average rose 440.06 points, or 0.99%, to end at a record high of 44,736.57. The S&amp;P 500 added 0.30% to close at 5,987.37, while the barometer of tech stocks, the Nasdaq Composite, edged 0.27% higher to close at 19,054.84.
The rally came amid President-elect Donald Trump's decision to pick hedge fund executive Scott Bessent as the new Treasury Secretary. In a recent interview, Beesent <a href="https://www.benzinga.com/news/24/11/42158330/trumps-treasury-secretary-pick-scott-bessent-says-a-global-economic-reordering-is-on-the-way-argues-president-elects-policies-will-lead-to-an-economic-lollapalooza">outlined his policy priorities</a>, focusing on fulfilling tax-cut promises made by Trump and deregulating parts of the U.S. economy
The shortened Thanksgiving trading week would see the release of October's personal consumption expenditure (PCE) data on Wednesday, considered as the Federal Reserve's preferred inflation gauge.
.See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely-followed cryptocurrency analyst Ali Martinez noted the similarities between the ongoing bullish cycle and the ones in 2017 and 2020.
"If this pattern holds true, the first major price correction (15% to 30%) won&#8217;t come until Bitcoin hits $135,000 or even $159,000," the analyst predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The current bullish cycle (black) is very similar to the ones in 2020 (grey) and 2017 (yellow). If this pattern holds true, the first major price correction (15% to 30%) won&#39;t come until <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> hits $135,000 or even $159,000. <a href="https://t.co/LLXT70E7dE">pic.twitter.com/LLXT70E7dE</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1861082972901777633?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Prominent on-chain analytics firm Santiment observed positive discussions for Ethereum on social forums after the second-largest cryptocurrency made steady gains in the last 24 hours.
"Ethereum&#8217;s price performance is being discussed in contrast to other cryptocurrencies like Bitcoin and XRP," Santiment stated.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f5e3;&#xFE0F; While Bitcoin has dropped back to as low as $93K Monday, traders are still riding the hot altcoins and discussing specific stories surrounding under the radar opportunities: &#x1fa99; The Sandbox <a href="https://twitter.com/search?q=%24SAND&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SAND</a>: There has been a notable resurgence in metaverse-related investments and growing… <a href="https://t.co/7HPyInN7gE">pic.twitter.com/7HPyInN7gE</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1861207097561510032?ref_src=twsrc%5Etfw">November 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by Avi Rozen on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42176684/exclusive-tim-draper-predicts-bitcoin-to-reach-120k-by-end-of-2024-250k-in-2025">EXCLUSIVE: Tim Draper Predicts Bitcoin To Reach $120K By End Of 2024, $250K In 2025</a></li>
</ul>

$DOGE

$ETH

Bitcoin, Dogecoin Reverse, Ethereum Gains As Stocks Touch New Peaks: Top Analyst Anticipates No 'Major' Correction For BTC Until $135K

Office Properties Income Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPI#NASDAQ">OPI</a>) surged 44.74% to close at $1.65 on Monday following its announcement of a private exchange agreement to <a href="https://www.benzinga.com/24/11/42163921/top-3-real-estate-stocks-that-may-explode-in-q4">address its 2025 debt maturities</a>. 
What Happened: After-hours trading saw the stock rise an additional 3.64% to $1.71. Despite the day&#8217;s strong performance, OPI remains down 76.83% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
The agreement allows OPI to refinance up to $340 million of its $453.6 million outstanding senior unsecured notes due 2025 through the issuance of new senior secured notes due 2027, coupled with cash and equity considerations. The remaining $113.6 million of the 2025 notes will be settled with cash.
Brian Donley, OPI&#8217;s CFO, called the deal &#8220;an important milestone&#8221; in addressing the company&#8217;s financial challenges. The new 2027 notes will carry a 3.25% interest rate, secured by liens on 54 properties valued at approximately $2 billion.
Read Next: 
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<li><a href="https://www.benzinga.com/24/11/42163921/top-3-real-estate-stocks-that-may-explode-in-q4">Top 3 Real Estate Stocks That May Explode In Q4</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Real Estate

OPI Shares Surge Over 44% As Debt Refinancing Plan Offers $340M Solution For 2025 Notes

NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC&#8217;s Jim Cramer emphatically saying that no company can successfully challenge the <a href="https://www.benzinga.com/news/earnings/24/11/42099904/nvidia-beats-q3-revenue-eps-estimates-supply-constraints-ding-stock-huang-says-age-of-ai-is-in-full-steam">tech giant&#8217;s technological supremacy</a>.
What Happened: Cramer, host of &#8220;Mad Money,&#8221; underscored Nvidia&#8217;s unparalleled market position, stating, &#8220;I know lots of people are gunning for Nvidia and there are stories all of the time about how other companies are trying to make chips better faster and cheaper than Nvidia&#8217;s. But they can&#8217;t. And the so-called enemies of Nvidia aren&#8217;t really enemies<a href="https://twitter.com/jimcramer/status/1861174376428659099?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1861174376428659099%7Ctwgr%5E9cfd0cc5519aaba3bacb6b7966f9425b1b23cac1%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Feditorial.benzinga.com%2Fwp-admin%2Fpost.php%3Fpost%3D664499action%3Dedit" target="_blank" rel="noreferrer noopener"></a>.&#8221;
Nvidia&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42107846/nvidia-slides-during-thursday-pre-market-despite-beating-q3-estimates-even-outstanding-isnt-enough-for-some-investors">third-quarter earnings report</a> reinforced Cramer&#8217;s bullish stance, with the company reporting a staggering $35.1 billion in revenue — a 94% year-over-year increase. Data Center revenue alone reached $30.8 billion, highlighting the company&#8217;s critical role in AI infrastructure.
The company&#8217;s stock has surged more than 181% year-to-date, dramatically outperforming other &#8220;Magnificent Seven&#8221; tech stocks like Apple Inc. (25.44%) and Microsoft Corp. (12.92%).
Cramer emphasized the compelling investment thesis behind Nvidia, quoting CEO Jensen Huang&#8216;s assertion that customers earn five dollars for <a href="https://www.benzinga.com/markets/24/11/42151958/jim-cramer-doubles-down-on-nvidia-demand-is-accelerating-as-ai-customers-have-no-choice-but-to-buy-i">every dollar invested in Nvidia chips</a>. &#8220;That means they have no choice but to buy Nvidia&#8217;s chips,&#8221; Cramer said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I know lots of people are gunning for Nvidia and there are stories all of the time about how other companies are trying to make chips better faster and cheaper than Nvidia&#39;s. But they can&#39;t. And the so-called enemies of Nvidia aren&#39;t really enemies
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1861174376428659099?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/11/42177867/warren-buffett-announces-new-charitable-gifts-updates-plans-for-150b-fortune-billionaire-wants-to-help-others-given-a-very-short-straw-at-birth">Warren Buffett Announces New Charitable Gifts, Updates Plans For $150B Fortune: Billionaire Wants To Help Others &#8216;Given A Very Short Straw At Birth&#8217;</a>
Why It Matters: Wedbush analyst Dan Ives amplified this sentiment, predicting the Nasdaq could surge to 25,000, driven by an extraordinary multiplier effect where &#8220;one dollar spent on <a href="https://www.benzinga.com/markets/equities/24/11/42102642/nvidia-delivered-jaw-dropping-q3-earnings-says-dan-ives-this-is-the-fourth-revolution-playing-out-in-front-of-our-eyes">GPU chips translates to an $8 to $10 impact</a> across the tech sector.&#8221;
Nvidia&#8217;s recent collaborations with Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google Quantum AI and initiatives in robotics with companies like Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) demonstrate the company&#8217;s <a href="https://www.benzinga.com/media/24/11/41984426/nvidia-powers-teslas-humanoid-robots-with-new-ai-tech-heres-what-to-expect-in-2025">commitment to technological innovation</a>.
The company <a href="https://www.benzinga.com/news/earnings/24/11/42099904/nvidia-beats-q3-revenue-eps-estimates-supply-constraints-ding-stock-huang-says-age-of-ai-is-in-full-steam">projects fourth-quarter revenue</a> of $37.5 billion, with major clients like Oracle Corp. planning expansive AI computing clusters.
A recent <a href="https://www.benzinga.com/tech/24/11/42121665/could-another-magnificent-7-stock-beat-nvidia-in-2025-poll-says-not-likely-27-pick-this-potential-winner">Benzinga poll reveals investor confidence</a>, with 48% of respondents believing Nvidia will continue dominating the &#8220;Magnificent Seven&#8221; stocks in 2025.
Morgan Stanley&#8216;s Joseph Moore <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41883803/nvidias-blackwell-chip-revenue-could-hit-6-billion-next-quarter-analyst">highlighted emerging growth catalysts</a>, including AI PCs, autonomous vehicles, and per-car software licensing revenue.
Despite overwhelming optimism, analysts like Mizuho&#8216;s Jordan Klein caution about potential near-term volatility, citing reported thermal challenges with the <a href="https://www.benzinga.com/news/global/24/11/42056728/nvidia-modestly-at-risk-amid-ai-chip-concerns-analyst-notes-momentum-money-swirling-around-sells-first-asks-questions-later">new Blackwell chip systems</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/24/11/42176317/exclusive-small-caps-hit-records-yet-russell-2000-is-still-very-discounted-relative-to-the-sp-500-expert-says">EXCLUSIVE: Small Caps Hit Records As Expert Says Russell 2000 &#8216;Still Very Discounted&#8217; Compared To S&amp;P 500</a></li>
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Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOG

GOOGL

NVDA

As Nvidia Maintains Chip Supremacy, Jim Cramer Says Foes Of Semiconductor Giant 'Aren't Really Enemies'

Wall Street witnessed a historic day with the S&amp;P 500 and Dow Jones Industrial Average reaching record highs. The Russell 2000 index also hit an all-time high, driven by easing global geopolitical tensions, post-election bullish momentum, and favorable seasonal trends. However, Bitcoin and Gold experienced a decline.
The Dow Jones Industrial Average climbed nearly 1% to 44,736.57, the S&amp;P 500 edged up 0.3% to 5,987.37, and the Nasdaq gained a comparable percentage to close at 19,054.84.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Cassava Sciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) plummeted by over 83% to $4.30. The stock&#8217;s crash followed an update on its Phase 3 trial for an Alzheimer&#8217;s disease treatment. The results <a href="https://www.benzinga.com/general/health-care/24/11/42168118/pharma-bro-martin-shkreli-tells-investors-to-short-sava-stock-falls-over-80-after-phase-3-update">did not meet</a> primary endpoints, as predicted by &#8216;Pharma Bro&#8217; Martin Shkreli.
Zoom Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) surged by 3.67% to $89.03. The company reported <a href="https://www.benzinga.com/news/management/24/11/42176089/zoom-communications-q3-earnings-revenue-beat-eps-beat-online-churn-hits-all-time-low-company-name-change-and-more">third-quarter revenue</a> of $1.18 billion, beating the consensus estimate of $1.16 billion. Zoom has now surpassed analyst estimates for nine consecutive quarters.
See Also: <a href="https://www.benzinga.com/markets/24/11/42131413/gop-megadonor-ken-griffin-is-open-to-the-possibility-of-selling-minority-stake-in-citadel?itm_source=parsely-api" target="_blank" rel="noopener">GOP Megadonor Ken Griffin Is &#8216;Open To The Possibility&#8217; Of Selling Minority Stake In Citadel</a>
Kohl&#8217;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) rose by 7.69% to $18.34. The company is set to release its third-quarter results on Tuesday before the market opens. Despite sales pressure, Kohl&#8217;s has been focused on improving operational efficiency and saw a 59-basis-point <a href="https://www.benzinga.com/news/24/11/42168981/whats-going-on-with-kohls-kss-stock">expansion in gross margin</a> to 39.6% in the second quarter.
Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) soared by 13.28% to $11.60. The EV stock reacted to reports of a &#8220;conditional&#8221; settlement with Tesla Inc. in a 2020 lawsuit. Tesla plans to <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42173555/rivian-stock-is-ripping-higher-monday-whats-driving-the-action">seek dismissal</a> of the case by Dec. 24 if the terms of the settlement are met.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) dropped by 3.96% to $338.59. California Governor Gavin Newsom announced a <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42175967/whats-going-on-with-tesla-stock-today-3">new proposal</a> that would exclude Tesla&#8217;s EV models from tax credit eligibility if President-elect Donald Trump gets rid of the current federal $7,500 tax break for EV buyers.
Prepare for the day&#8217;s trading <a href=""Premarket">with top premarket movers and news</a> by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/24/11/42151809/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin-may-very-well-be-the-most-profitable-company-in-the-us-growing-the-fastest-right-now?itm_source=parsely-api" target="_blank" rel="noopener">Michael Saylor Reveals MicroStrategy Is &#8216;Making $500M A Day&#8217; With Bitcoin: &#8216;May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now&#8217;</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

RIVN

SAVA

Cassava Sciences, Zoom, Kohl's, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Popular video-sharing platform Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) became the latest Wall Street player to embrace the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) treasury strategy amid the apex cryptocurrency&#8217;s record-breaking run.
What Happened: According to an announcement made Monday, Rumble&#8217;s&nbsp;board approved&nbsp;a new strategy to allocate a portion of the company&#8217;s surplus&nbsp;cash reserves to Bitcoin. This&nbsp;move was part of Rumble&#8217;s strategic planning, aimed at supporting the company&#8217;s foray into the cryptocurrency market.
Rumble&#8217;s allocation strategy will include investments of up to $20 million, at the company&#8217;s discretion. At the prevailing market price, this would amount to a purchase of around 212 Bitcoins.
That said, the actual timing and value of the purchase would be decided by the management, contingent on factors such as general market conditions and the price of Bitcoin.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: Rumble Announces Bitcoin Treasury Strategy "Rumble's Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million." <a href="https://t.co/J40IuW1Nnp">pic.twitter.com/J40IuW1Nnp</a>
&mdash; Rumble &#x1f3f4;&#x200d;&#x2620;&#xfe0f; (@rumblevideo) <a href="https://twitter.com/rumblevideo/status/1861175576490308063?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
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&#8220;We&nbsp;believe that the world is&nbsp;still in the early stages&nbsp;of the adoption of Bitcoin,&nbsp;which has recently accelerated with&nbsp;the election of a crypto-friendly&nbsp;U.S. presidential administration and increased&nbsp;institutional adoption,&#8221; Rumble CEO Chris Pavloski said. 
He called Bitcoin a &#8220;valuable inflation hedge&#8221; and an &#8220;excellent addition&#8221; to the company&#8217;s treasury.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42176684/exclusive-tim-draper-predicts-bitcoin-to-reach-120k-by-end-of-2024-250k-in-2025">EXCLUSIVE: Tim Draper Predicts Bitcoin To Reach $120K By End Of 2024, $250K In 2025</a>
Why It Matters: This move by Rumble comes in the wake of an increasing interest in Bitcoin investment among major companies. 
Interestingly, just last week, MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) CEO Michael Saylor <a href="https://www.benzinga.com/24/11/42079799/microstrategys-michael-saylor-to-advocate-for-bitcoin-investment-at-microsoft-board-meeting-offers-to-educate-rumble-ceo-with-the-strategy">offered to educate Pavloski </a>on the implications of adding Bitcoin to a company&#8217;s reserves.
MicroStrategy pioneered the now-popular strategy, adding as many as <a href="https://bitcointreasuries.net/">386,700 Bitcoins</a>, worth over $36 billion, to its books., according to Bitcointreasuries.net.
Several major Wall Street firms, including MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), the world&#8217;s largest Bitcoin miner, have replicated MicroStrategy&#8217;s playbook. MARA is the second-largest corporate holder of Bitcoin, with 27,562 BTCs in its reserves, while Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) follow with 10,928 and 9.720, respectively.
Price Action: At the time of writing, Bitcoin was trading at $93,975.66, down 3.70% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Since Donald Trump&#8217;s presidential victory earlier this month, the asset has surged by 38%.
Shares of Rumble surged 12.6% during Monday&#8217;s regular trading session.
Read Next:&nbsp;
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MARA

MSFT

RIOT

Rumble Bets On Bitcoin With New Treasury Strategy, CEO Calls It An 'Excellent Addition'

PBMWW

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SEMrush GAAP EPS of $0.01 misses by $0.02, revenue of $97.41M beats by $0.69M

Reports Q3 revenue $97.4M, consensus $96.65M. "We reported a strong quarter, exceeding our guidance and positioning us to raise our full year 2024 ...

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Semrush sees Q4 revenue $100.8M-$101.8M, consensus $101.03M

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Semrush sees 2024 revenue $375M-$376M, consensus $374.45M

Semrush Holdings, Inc. 2024 Q3 - Results - Earnings Call Presentation

Semrush Holdings, Inc. (SEMR) Q3 2024 Earnings Call Transcript

Small-cap investments present an appealing opportunity for risk-tolerant investors, driven by strong economic growth, robust consumer spending, and diverse sector exposure. Therefore, it may be wise to consider solid small-cap stocks: TTM Technologies (TTMI), Kennametal (KMT), and Semrush Holdings (SEMR). Read on... The outlook for small-cap stocks is bright in the near term, bolstered by robust consumer spending, increased business investment, and a strengthening economy paired with easing inflation. Small-cap stocks provide diverse sector exposure, helping to mitigate regulatory and sector-specific risks while offering a broad array of investment opportunities.
For risk-tolerant investors, now is an opportune time to consider fundamentally strong and stable small-cap stocks like TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>), Kennametal Inc. (<a href="https://stocknews.com/stock/KMT/">KMT</a>), and Semrush Holdings, Inc. (<a href="https://stocknews.com/stock/SEMR/">SEMR</a>).
The U.S. economy grew at an annualized rate of <a href="https://www.reuters.com/markets/us/us-economy-posts-solid-growth-election-eve-2024-10-30/">2.8% in the third quarter</a>, outpacing the expected non-inflationary growth rate of 1.8%. The resilient labor market supports consumer spending, which is vital as it constitutes over two-thirds of economic activity. Notably, consumer spending increased by 3.7%, highlighting strong economic momentum.
Meanwhile, inflation is <a href="https://www.reuters.com/markets/rates-bonds/traders-stick-bets-25-bps-fed-rate-cuts-nov-dec-2024-10-31/">currently at 2.1%</a>, slightly above the Federal Reserve's target, leading to expectations for rate cuts next week and in December. These cuts could lower borrowing costs, boost consumer spending, and enhance small-cap stock valuations. With a focus on domestic revenues, small-cap stocks are well-positioned to benefit from these favorable economic conditions.
Additionally, small caps offer broader industry exposure with less concentration in the tech and communication sectors, providing growth potential across various industries. Considering these conducive trends, let's examine the fundamentals of the above-mentioned small-cap stocks.
TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>)
Valued at $2.30 billion by market cap, TTMI and its subsidiaries manufacture and sell mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs) worldwide. The company operates in two segments: PCB and RF&amp;S Components.
On September 24, 2024, TTMI announced the release of its new Xinger Ultra-Wide Band Balun Transformers, XMB0220K1-50100G and XMB0465Z1-50100G, for efficient signal conversion across diverse markets including telecom, military, 5G, and aerospace. The transformers are now available for sampling, with full purchase availability expected later this fall.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a>, TTMI's 13.08% is 33.8% higher than the 9.77% industry average. Its 6.50% trailing-12-month EBIT margin is 24.8% higher than the 5.21% industry average. Likewise, the stock's 0.71x trailing-12-month asset turnover ratio is 15.6% higher than the 0.61x industry average.
TTMI's net sales for the fiscal third quarter ended September 30, 2024, increased 7.7% year-over-year to $616.54 million. Its non-GAAP gross profit was $129.89 million, up 14.7% year-over-year. Additionally, the company's non-GAAP net income and non-GAAP EPS were $42.67 million and $0.41, respectively.
For the quarter ending December 31, 2024, TTMI's revenue and EPS are expected to grow 10.8% and 15.9% year-over-year to $630.68 million and $0.48, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, TTMI's stock has gained 74.9% to close the last trading session at $22.60. Its 24-month beta is 1.81.
It's no surprise that TTMI has an overall rating of B, which translates to a Buy in our proprietary <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Momentum and a B for Growth and Sentiment. It is ranked #4 out of 42 stocks in the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry. To see TTMI's Value, Stability, and Quality ratings, <a href="https://stocknews.com/stock/TTMI/">click here</a>.
Kennametal Inc. (<a href="https://stocknews.com/stock/KMT/">KMT</a>)
Valued at $2.02 billion by market cap, KMT engages in the development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications, enabling customers to work against corrosion and high-temperature conditions worldwide. It operates through two segments: Metal Cutting and Infrastructure.
On October 25, 2024, KMT announced the expansion of its turning portfolio with three new products – TopSwiss Turning Inserts, Micro Boring Solid (MBS) tooling, and KCU25B Turning Inserts – designed to enhance precision, output, and quality in small parts and medical machining. These products support various industries with improved performance, durability, and versatile applications.
In terms of the trailing-12-month Capex / Sales, KMT's 5.25% is 82.5% higher than the 2.88% industry average. Its 8.65% trailing-12-month levered FCF margin is 29.6% higher than the 6.67% industry average. Also, the stock's 15.65% trailing-12-month EBITDA margin is 11.5% higher than the 14.04% industry average.
During the fiscal fourth quarter ended June 30, 2024, KMT's total revenues were $543.31 million. Its operating income was $62.58 million, up marginally from the prior-year quarter. Similarly, the company's adjusted net income and adjusted EPS were $38.78 million and $0.49, respectively.
Street expects KMT's EPS and revenue for the quarter ending March 31, 2025, to rise 26.7% and 1.6% year-over-year to $0.38 and $524.27 million, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. KMT's stock has gained 13.4% over the past year to close the last trading session at $25.88. Its 60-month beta is 1.64.
KMT's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Value and a B for Quality. It is ranked #14 out of 34 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry. Beyond what we stated above, we also have given KMT grades for Growth, Momentum, Stability, and Sentiment. Get all the KMT ratings <a href="https://stocknews.com/stock/KMT/">here</a>.
Semrush Holdings, Inc. (<a href="https://stocknews.com/stock/SEMR/">SEMR</a>)
Valued at $1.92 billion by market cap, SEMR develops an online visibility management software-as-a-service platform internationally, enabling companies to identify and reach the right audience for their content through the appropriate channels.
In terms of the trailing-12-month net income margin, SEMR's 4.39% is 26% higher than the 3.49% industry average. Likewise, its 83.38% trailing-12-month gross profit margin is 66.1% higher than the 50.21% industry average. Moreover, the stock's 1.02x trailing-12-month asset turnover ratio is 66.4% higher than the 0.61x industry average.
SEMR's net sales for the fiscal second quarter ended June 30, 2024, increased 21.8% year-over-year to $90.95 million. The company's non-GAAP income from operations grew 431.5% from the prior-year value to $12.19 million. Additionally, its net income attributable to SEMR was $1.66 million, compared to a net attributable loss of $279 thousand in the year-ago quarter.
Analysts expect SEMR's EPS for the quarter ended September 30, 2024, to increase 13.5% year-over-year to 0.07. Its revenue for the same quarter is expected to grow 22.9% year-over-year to $96.73 million. It surpassed the Street revenue estimates in three of the trailing four quarters. Over the past year, SEMR's stock has gained 71.9% to close the last trading session at $13.08. Its 24-month beta is 1.81.
SEMR's POWR Ratings reflect its solid prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
SEMR has a B grade for Growth and Quality. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, it is ranked #20 out of 129 stocks. To access SEMR's additional ratings for Value, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/SEMR/">click here</a>.
What To Do Next?
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<hr />
TTMI shares . Year-to-date, TTMI has gained 42.95%, versus a 21.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/ttmi-kmt-semr-3-small-cap-stocks-with-big-upside-for-risk-tolerant-investors/>3 Small-Cap Stocks With Big Upside for Risk-Tolerant Investors</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Small-Cap Stocks With Big Upside for Risk-Tolerant Investors

Semrush Holdings, Inc. ( ($SEMR) ) has released its Q3 earnings. Here is a breakdown of the information Semrush Holdings, Inc. presented to its inv...

Semrush Reports Strong Q3 Growth, Raises 2024 Guidance

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