Ultime notizie per TuSimple Hldgs (OTC:TSPH) Azioni

TuSimple Holdings Inc is an autonomous technology company in the global truck freight market. It has developed a technology for semi-trucks to build the Autonomous Freight Network (AFN) in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. The company recognizes revenue from providing freight capacity services. TuSimple's two reportable geographic segments are the U.S. and APAC.

TUSIMPLE HOLDINGS INC A by TuSimple Holdings Inc.

TuSimple Holdings Inc

Ratings for CMS Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>) were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">6</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for CMS Energy, presenting an average target of $73.17, a high estimate of $77.00, and a low estimate of $67.00. Marking an increase of 5.36%, the current average surpasses the previous average price target of $69.45. 
<img src="https://www.benzinga.com/files/images/story/2024/1732298436_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of CMS Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stephen Byrd</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$67.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Buy</td>
<td>$76.00</td>
<td>-</td>
</tr>
<tr>
<td>James Thalacker</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$76.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Neil Kalton</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$77.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$68.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Anthony Crowdell</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$72.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Anthony Crowdell</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$76.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>James Thalacker</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$76.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Sophie Karp</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$76.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Stephen Byrd</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$68.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Sophie Karp</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$73.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$73.00</td>
<td>$69.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to CMS Energy. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of CMS Energy compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of CMS Energy's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CMS Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CMS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on CMS Energy analyst ratings.</a>
<h2>Unveiling the Story Behind CMS Energy</h2>
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
<h3>Breaking Down CMS Energy's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: CMS Energy's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 4.18%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Utilities sector.
Net Margin: CMS Energy's net margin excels beyond industry benchmarks, reaching 14.4%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): CMS Energy's ROE excels beyond industry benchmarks, reaching 3.2%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): CMS Energy's ROA excels beyond industry benchmarks, reaching 0.73%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.05, caution is advised due to increased financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

CMS Energy Stock: A Deep Dive Into Analyst Perspectives (12 Ratings)

Bitdeer Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NYSE">BTDR</a>) short percent of float has risen 8.64% since its last report. The company recently reported that it has 10.71 million shares sold short, which is 10.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.05 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/">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">List of the most shorted stocks</a>
<h3>Bitdeer Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732298421_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Bitdeer Technologies 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 Bitdeer Technologies'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://pro.benzinga.com/">Benzinga Pro</a>, Bitdeer Technologies's peer group average for short interest as a percentage of float is 9.16%, which means the company has more 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/">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

BTDR

How Is The Market Feeling About Bitdeer Technologies?

Philip Morris Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) short percent of float has risen 22.64% since its last report. The company recently reported that it has 10.02 million shares sold short, which is 0.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.79 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/">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">List of the most shorted stocks</a>
<h3>Philip Morris Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732298415_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Philip Morris Intl 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 Philip Morris Intl'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://pro.benzinga.com/">Benzinga Pro</a>, Philip Morris Intl's peer group average for short interest as a percentage of float is 1.72%, 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/">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.

Looking Into Philip Morris Intl's Recent Short Interest

FirstEnergy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>) short percent of float has fallen 6.05% since its last report. The company recently reported that it has 10.30 million shares sold short, which is 2.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.5 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/">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">List of the most shorted stocks</a>
<h3>FirstEnergy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732298411_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for FirstEnergy has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing FirstEnergy'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://pro.benzinga.com/">Benzinga Pro</a>, FirstEnergy's peer group average for short interest as a percentage of float is 1.97%, which means the company has more 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/">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.

Looking Into FirstEnergy's Recent Short Interest

Scotiabank analyst Nick Altmann maintains Procore Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCOR#NYSE">PCOR</a>) with a Sector Outperform and raises the price target from $70 to $85.

News

Price Target

PCOR

Scotiabank Maintains Sector Outperform on Procore Technologies, Raises Price Target to $85

Guggenheim analyst Robert Drbul reiterates Ross Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) with a Buy and maintains $180 price target.

Reiteration

ROST

Guggenheim Reiterates Buy on Ross Stores, Maintains $180 Price Target

Scotiabank analyst Patrick Colville maintains Elastic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) with a Sector Outperform and raises the price target from $92 to $135.

ESTC

Scotiabank Maintains Sector Outperform on Elastic, Raises Price Target to $135

Guggenheim analyst Joseph Osha reiterates NEXTracker (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) with a Buy and maintains $55 price target.

Guggenheim Reiterates Buy on NEXTracker, Maintains $55 Price Target

Truist Securities analyst Jake Bartlett maintains Jack In The Box (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) with a Buy and lowers the price target from $70 to $57.

JACK

Truist Securities Maintains Buy on Jack In The Box, Lowers Price Target to $57

Texas Attorney General Ken Paxton has filed a new lawsuit against Dallas, this time targeting Proposition R, a voter-approved amendment decriminalizing possession of up to four ounces of marijuana. The lawsuit marks <a href="https://www.benzinga.com/markets/cannabis/24/01/36880984/gop-attor-ney-gen-er-al-in-texas-sues-five-cities-to-stop-voter-approved-mar-i-jua-na-reform-say">the second time that Paxton has sued the city</a>, intensifying his legal battle against local cannabis reforms.
<h3 class="wp-block-heading">New Cannabis Decriminalization Rules Take Effect in Dallas</h3>
Proposition R, <a href="https://www.benzinga.com/markets/cannabis/24/11/41790734/texas-cannabis-election-dallas-lockhart-bastrop-voters-say-yes-to-marijuana-decriminalization">passed by 66% of Dallas voters on November 5</a>, prohibits police from making arrests or issuing citations for low-level marijuana possession. It also bars officers from using the smell of marijuana as probable cause, unless investigating felonies and mandates that misdemeanor marijuana offenses be a low enforcement priority.&nbsp;
<a href="https://www.dallasnews.com/news/politics/2024/11/21/ag-ken-paxton-sues-dallas-over-decriminalizing-marijuana/">According</a> to The Dallas Morning News, city officials began enforcing the amendment this week, despite warnings of legal challenges.
<h3 class="wp-block-heading">Texas AG Claims Cities Cannot Override State Drug Laws</h3>
Nevertheless, Paxton contends that the amendment violates state law, asserting that cities cannot override Texas drug statutes. &#8220;The city of Dallas has no authority to override Texas drug laws or prohibit the police from enforcing them,&#8221; Paxton <a href="https://texasattorneygeneral.gov/news/releases/attorney-general-ken-paxton-sues-city-dallas-ballot-measure-prohibiting-police-enforcing-marijuana">said</a> in a press release on Thursday. 
&#8220;This is a backdoor attempt to violate the Texas Constitution and any city that tries to constrain police in this fashion will be met swiftly with a lawsuit by my office,&#8221; he added.
<ul>
<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe">here</a>. If you&#8217;re serious about the business, you can&#8217;t afford to miss out.</li>
</ul>
<h3 class="wp-block-heading">Paxton Vs. Texas Voter-Backed Cannabis Reforms</h3>
This legal action is part of a broader effort by Paxton to challenge a <a href="https://www.benzinga.com/markets/cannabis/24/11/41764202/dallas-overwhelming-approves-cannabis-decriminalization-in-ballot-vote">statewide trend of voter-led initiatives aimed at decriminalizing cannabis</a>. Earlier this year, <a href="https://www.benzinga.com/markets/cannabis/24/02/37018142/texas-city-slated-to-decriminalize-weed-despite-ag-paxtons-lawsuit-against-five-cities-over-amne">he sued five other cities</a> -Austin, Denton, Elgin, Killeen and San Marcos- over similar measures.&nbsp;
Furthermore, Paxton has repeatedly argued that municipalities lack the authority to override state law, <a href="https://www.benzinga.com/markets/cannabis/24/01/36880984/gop-attor-ney-gen-er-al-in-texas-sues-five-cities-to-stop-voter-approved-mar-i-jua-na-reform-say">calling the actions of these cities</a> "pro-crime extremism."
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/11/42069004/how-trumps-election-could-revolutionize-cannabis-and-cryptocurrency-ceo-says">How Trump&#8217;s Election Could Revolutionize Cannabis And Cryptocurrency, CEO Says</a>
Advocacy group Ground Game Texas (GGT), which supported Proposition R, criticized Paxton's lawsuit as baseless. The group argues that the amendment focuses on enforcement priorities rather than legalizing marijuana, making it compliant with state law. Supporters have also highlighted its potential to reduce racial disparities in arrests and prevent the misuse of public funds.
"It's unfortunate but not surprising that Attorney General Ken Paxton has apparently chosen to waste everyone's time and money by filing yet another baseless lawsuit against marijuana decriminalization," said Catina Voellinger, executive director of GGT, according to The Dallas Morning News.
This clash highlights the growing divide between Texas' restrictive cannabis laws and grassroots movements pushing for reform. Judges have previously <a href="https://www.benzinga.com/markets/cannabis/24/07/39946113/gop-attor-ney-gen-er-al-in-texas-loses-legal-battle-against-towns-with-decriminalized-cannabis-i">overturned Paxton's lawsuits against other cities</a>, but appeals remain ongoing.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/11/42127911/gop-led-group-calls-for-legal-cannabis-in-indiana-tell-your-legislator-its-time">GOP-Led Group Calls For Legal Cannabis In Indiana: &#8216;Tell Your Legislator It&#8217;s Time&#8217;</a></li>
</ul>
Image generated with AI tools.

Cannabis

Government

Regulations

Legal

Texas AG Ken Paxton Sues Dallas Over Cannabis Decriminalization Reform

Truist Securities analyst Joel Fishbein maintains Elastic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) with a Buy and raises the price target from $105 to $135.

Truist Securities Maintains Buy on Elastic, Raises Price Target to $135

Citigroup analyst Tyler Radke maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Buy and raises the price target from $183 to $225.

SNOW

Citigroup Maintains Buy on Snowflake, Raises Price Target to $225

Truist Securities analyst Jamie Cook maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Buy and raises the price target from $496 to $538.

Truist Securities Maintains Buy on Deere, Raises Price Target to $538

Guggenheim analyst Robert Drbul reiterates Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) with a Buy and maintains $35 price target.

Guggenheim Reiterates Buy on Gap, Maintains $35 Price Target

Citigroup analyst Asiya Merchant maintains NetApp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>) with a Neutral and raises the price target from $130 to $135.

NTAP

Citigroup Maintains Neutral on NetApp, Raises Price Target to $135

California, known for its ideal climate and rich cannabis history, is regarded as one of the best places to grow weed. The state has also led U.S. cannabis reform, from the first legalization ballot initiative in 1972 to becoming the first state to legalize medical marijuana in 1996. A decade later, in 2016, it legalized recreational use. Since then, California, home to the world's largest cannabis market, has faced significant challenges.
Small pot farms in regions like the Emerald Triangle have struggled to survive due to oversupply and falling prices, <a href="https://www.sfgate.com/cannabis/article/california-cannabis-farms-struggle-19907579.php">writes</a> SF Gate. Issues like <a href="https://anresco.com/exclusive-we-tested-top-california-prerolls-for-potency-inflation/">inappropriate labeling</a>, lab shopping, and a <a href="https://www.benzinga.com/top-stories/24/06/39487551/pesticide-contamination-poses-serious-health-risks-in-californias-cannabis-industry">pesticide scandal</a> have also plagued the industry. While legal cannabis sales <a href="https://www.benzinga.com/markets/cannabis/24/06/39195663/legal-california-cannabis-market-on-the-verge-of-collapse-while-illegal-growers-thrive-destroyin">decline</a>, cartel operations <a href="https://www.benzinga.com/markets/cannabis/24/06/39188435/californias-cartel-cannabis-flourishes-in-national-parks-weed-grown-on-public-lands-accounts-for">thrive in national parks</a>.
To explore these challenges, we spoke to Josh Wurzer, chief compliance officer and co-founder of SC Labs, one of the first to raise concerns about pesticide testing. "From the beginning, our goal has been to be the most science-focused testing laboratory in the cannabis industry," Wurzer told Benzinga.
"We are committed to promoting safe cannabis consumption by ensuring the quality and safety of cannabis cultivation and product manufacturing. Our passion for the plant drives us to support research into its chemical composition, exploring how these compounds influence the flavor, aroma, and unique effects of different strains."
<h2 class="wp-block-heading">Pesticides, Inaccurate Labeling And Lab Shopping</h2>
In 2023, there was a <a href="https://www.benzinga.com/markets/cannabis/24/06/39505507/cannabis-recall-in-california-after-investigation-finds-dangerous-pesticides-in-popular-weed-pro">cannabis recall</a> after an investigation found dangerous pesticides in popular weed products and a lawsuit against <a href="https://www.benzinga.com/markets/cannabis/24/06/39533403/california-lawsuit-takes-aim-at-cannabis-lab-shopping-as-dangerous-pesticides-end-up-in-popular-">cannabis lab shopping</a>. According to Wurzer, who is also a board member of multiple cannabis industry organizations, including the U.S. Pharmacopeial Convention (USP), lab shopping has become a significant issue within the testing industry.
"This problem primarily stems from the fact that the THC concentration in cannabis and cannabis concentrates has become a key factor in determining the wholesale price of these products. This creates a strong incentive for growers and manufacturers to seek out laboratories that report the highest THC concentrations, regardless of the accuracy of the data," he said.
He added that cannabis is vulnerable to pests like spider mites and fungal pathogens like powdery mildew. With no approved pesticides and strict testing requirements, managing these threats is challenging and expensive. Some producers bypass detection by using lenient labs.
While regulators are in charge of overseeing the quality of lab testing, growers and producers are those financially impacted by unfavorable results, Wurzer adds. Without the enforcement of penalties for these actions, "unethical behavior is incentivized."
"I certainly don&#8217;t envy our regulators," he said. "Many of them are working hard to do the best they can within the constraints of the current rules and restrictions. It&#8217;s no small task to try and organize an industry that has been so fragmented, especially when so many people are struggling financially, and there are numerous competing interests at play."
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/10/41573828/mold-lead-e-coli-and-other-deadly-contaminants-found-in-90-of-illegal-cannabis-samples-in-uk">Mold, Lead, E.Coli And Other Deadly Contaminants Found In 90% Of Illegal Cannabis Samples In UK</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
<h2 class="wp-block-heading">Cannabis Will Likely Always Be Affected By HLVd</h2>
In 2019, a hop-latent viroid (HLVd) was identified as an infectious pathogen devastating cannabis farms in California by infiltrating plants and ruining entire crops just before they're ready for harvest. According to a 2021 estimate, it affected 90% of California cannabis crops.
Wurzer explained that cannabis will likely always be affected by HLVd, the same way that potato farmers are continuously plagued with the Mosai Virus. However, the cannabis industry has developed a support system that enables growers to mitigate HLVd&#8217;s effects. This has enabled the breeding of resistant strains, improving hygiene practices in nurseries and conducting regular monitoring through testing.
<h2 class="wp-block-heading">Fixing Some Of The Challenges</h2>
In view of HLVd, dangerous pesticides and inaccurate labeling, the question is: have California consumers lost trust in the state&#8217;s legal cannabis products? This could be one of the reasons why the illicit market is still thriving; consumers are turning to cheaper products. Wurzer notes that the price difference between regulated and black markets is significant.
Another challenge comes from the hemp market and the confusion about what is and is not legal. To save the industry, regulators need to address the competition from intoxicating cannabinoids in the hemp market, which is currently mostly unregulated and flooded with dangerous synthetic chemicals, he explains.
Wurzer suggests reducing taxes and regulatory burdens on growers and producers without compromising the quality and safety of products. Profiteers selling unsafe products need to be disincentivized, and ultimately, "the path forward must include federal legalization."
<h2 class="wp-block-heading">Finest Cannabis In The World</h2>
Wurzer believes there's no other place on earth that can match the quality of cannabis grown in California, and "as long as that remains true, we have a real opportunity to fix this mess."
Once cannabis is allowed to cross state lines, California will have a significant advantage, he adds. "No one will want to purchase inferior synthetic THC flowers from other states when they can get high-quality sun-grown flowers from Mendocino, Humboldt, and Santa Cruz. I&#8217;ll confidently put our sun-grown flowers up against the best indoor cannabis produced anywhere else in the world, and I have the lab data to back up those claims."
In April 2023, SC Labs partnered with another major laboratory network to develop the <a href="https://www.benzinga.com/markets/cannabis/23/04/31680816/sc-labs-and-act-laboratories-launch-trust-in-testing-certification-to-set-a-higher-standard-for-">Trust in Testing Certification</a> a set of enhanced national standards for cannabis testing. This program is "designed to address some of the gaps in state regulations that have allowed unscrupulous labs to produce questionable data or manipulate the system," Wurzer details. There's been a significant interest from retailers looking for a trustmark that provides confidence in the products they offer. SC Lab's goal is to establish a group of laboratories dedicated to doing things the right way.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/11/42127449/colorados-marijuana-sales-tax-revenue-slump-amid-hemp-competition">Colorado&#8217;s Marijuana Sales, Tax Revenue Slump Amid Hemp Competition</a></li>
</ul>
Photo: Courtesy of real_content via Shutterstock

Exclusives

Interview

California Has The Finest Weed In The World, Says Lab Expert, And How To Save Its Struggling Market

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending Nov. 22:
Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>): Reader interest in Delta comes after the company <a href="https://www.benzinga.com/24/11/42087211/delta-charts-its-path-to-high-margins-and-shareholder-gains-at-2024-investor-day">hosted an investor day</a> in New York. Among the items shared at the investor day were goals of mid-teen operating margins, 10% average annual EPS growth and $3 billion to $5 billion in annual free cash flow over the next three to five years. 
Delta could also be seeing interest with the new White House administration being ushered in. Delta CEO Ed Bastian <a href="https://www.benzinga.com/news/global/24/11/42106369/delta-chief-says-trump-could-be-a-breath-of-fresh-air-for-aviation-industry">recently said</a> President-elect Donald Trump could provide a "breath of fresh air" for the airline sector after years of "overreach." The Biden administration passed various regulations that protected airline consumers, including automatic refunds after canceled flights and a requirement for airlines to disclose all additional fees and taxes upfront.
Delta also announced it <a href="https://www.benzinga.com/24/11/42095549/delta-will-serve-shake-shack-burgers-as-airline-continues-catering-to-first-class">will start serving</a> Shake Shack burgers to first-class passengers on some flights.
The carrier&#8217;s shares were down over the past week, but remain up over 50% year-to-date. The <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below shows the five-day performance.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="507" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246.png" alt="" class="wp-image-661374" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120812/Screenshot-246-768x391.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>): Bill Ackman's Pershing Square has increased its bet on the apparel company. After <a href="https://www.benzinga.com/news/24/08/40381979/nike-stock-sprints-higher-after-the-bell-as-bill-ackmans-pershing-square-reveals-new-stake">taking a 3 million</a> share stake in the second quarter, a new filing revealed that Ackman added 13 million shares in the third quarter. His firm now owns <a href="https://www.bizjournals.com/portland/news/2024/11/19/nike-bill-ackman-investor-shares-purchased.html">around </a>1.3% of the company. Nike shares trade near 52-week lows after <a href="https://www.benzinga.com/news/earnings/24/10/41129610/nike-q1-earnings-revenue-miss-eps-beat-teams-energized-amid-ceo-transition-a-comeback-at-this-scale">first-quarter financial results</a> saw revenue miss analyst estimates and analysts weigh how quickly a new CEO can help turnaround the company.
"A comeback at this scale takes time, but we see early wins – from momentum in key sports to accelerating our pace of newness and innovation," Nike CFO Matthew Friend said after the Q1 results. "Our teams are energized as Elliott Hill returns to lead Nike's next stage of growth."
Investors could also be closely watching Nike stock to see how <a href="https://www.benzinga.com/markets/asia/24/11/41796941/trump-2-0-a-sneaker-heads-nightmare-your-next-pair-of-nikes-or-vans-could-cost-a-pretty-penny-heres">big of an impact </a>Trump's promise to increase tariffs on other countries could hurt the company.
Nike shares were up slightly on the week and remain down over 27% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247.png" alt="" class="wp-image-661378" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120829/Screenshot-247-768x388.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
Autodesk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>): The software company is seeing strong interest from Benzinga readers ahead of third-quarter financial results scheduled for Tuesday, Nov. 26. Analysts expect the company to report quarterly revenue of $1.56 billion, up from $1.41 billion in last year's third quarter. Analysts also expect quarterly earnings per share of $2.12, up from $2.07 in last year's third quarter. 
Autodesk has beaten analyst estimates for revenue and earnings per share both in five straight quarters. Over the last 10 quarters, Autodesk has beaten analyst estimates for revenue eight times and earnings per share eight times. The company said that it <a href="https://www.benzinga.com/news/earnings/24/08/40639874/autodesk-stock-jumps-5-on-q2-earnings-the-details">was focusing on </a>disciplined execution and seeing GAAP margins among the best in the sector.
Autodesk CEO Andrew Anagnost said these factors &#8220;will deliver sustainable shareholder value over many years.&#8221;
Some <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">recent analyst ratings </a>and price targets are listed below:
<ul>
<li>Wells Fargo: Maintained Overweight rating, raised price target from $340 to $350</li>
<li>Morgan Stanley: Maintained Overweight rating, raised price target from $320 to $375</li>
<li>KeyBanc: Maintained Overweight rating, raised price target from $325 to $330</li>
<li>Scotiabank: Initiated with Sector Outperform rating, $360 price target</li>
<li>Baird: Maintained Outperform rating, raised price target from $305 to $330</li>
<li>Stifel: Maintained Buy rating, raised price target from $320 to $340</li>
<li>Barclays: Maintained Overweight rating, raised price target from $310 to $355</li>
</ul>
Autodesk shares were up 6% over the last five days and are up around 35% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251.png" alt="" class="wp-image-661379" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120851/Screenshot-251-768x389.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>): The cryptocurrency company is seeing strong interest as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) continues to smash through new all-time highs and near the $100,000 level. 
The rising valuation of other cryptocurrencies could also help offset concerns from Coinbase's recently reported third quarter, which saw revenue and earnings per share miss Street estimates. Trading volume and transaction revenue were down 18% and 27% quarter-over-quarter respectively in <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41637702/coinbase-q3-earnings-highlights-revenue-miss-eps-miss-transaction-revenue-falls-from-q2">the third quarter</a>. 
The <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42131449/with-gary-gensler-preparing-to-quit-in-2025-secs-crypto-cases-likely-to-quietly-go-away-amid-trumps-pro-bitcoin-stance-says-pantera-capitals-katrina-paglia">pro-crypto</a> stance of the incoming Trump administration also boosted interest in cryptocurrency-related companies like Coinbase.
Coinbase stock was up on the week, but trailed the 9.5% gains of Bitcoin. Coinbase stock is up 93.5% year-to-date in 2024, also trailing the year-to-date 122.5% gains for Bitcoin.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252.png" alt="" class="wp-image-661380" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120907/Screenshot-252-768x387.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>): The world's largest alternative asset manager <a href="https://www.blackstone.com/news/press/jersey-mikes-to-partner-with-blackstone-to-accelerate-leading-franchisors-continued-growth/">announced </a>plans to acquire a majority stake in Jersey Mike's, a fast-casual restaurant brand. 
While Blackstone won't IPO Jersey Mike's anytime soon. Still, it could benefit from the likelihood that more big IPOs are expected in 2025. 
Reuters reports that medical supply firm Medline, which is partially owned by Blackstone, seeks a $5-billion IPO.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253.png" alt="" class="wp-image-661381" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22120922/Screenshot-253-768x387.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/exclusives/24/11/41693907/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">November 1</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/41856335/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-42" target="_blank" rel="noreferrer noopener">November 8</a></li>
<li><a href="https://www.benzinga.com/general/space/24/11/42013739/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-43">November 15</a></li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42094292/stock-of-the-day-is-delta-airlines-about-to-takeoff">Stock Of The Day: Delta Air Lines Bullish Pattern Suggests Upside Ahead</a></li>
</ul>

$BTC

ADSK

COIN

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock is trading higher on Friday. On Wednesday the company announced that it submitted <a href="https://www.benzinga.com/24/11/42111748/super-micro-computer-stock-is-rallying-thursday-whats-going-on">a compliance plan to Nasdaq.</a>
The Details: Super Micro, in the compliance plan, said it believes it will be able to file both its 2024 fiscal-year earnings and its 2025 fiscal-year first-quarter earnings within Nasdaq&#8217;s acceptable discretionary time.
Previously, the company reported that it was unable to file its earnings on time for multiple reasons, including the resignation of its previous independent accounting firm, Ernest &amp; Young. The company also explained that its management team needs to time to review the company&#8217;s financial statements and internal controls. 
On Monday the company <a href="https://www.benzinga.com//node/42111748">announced</a> that it has appointed BDO USA as its independent auditor.
"BDO is a highly respected accounting firm with global capabilities.&nbsp;This is an important next step to bring our financial statements current, an effort we are pursuing with both diligence and urgency," said&nbsp;Charles Liang, president and CEO of SuperMicro.
How To Buy Super Micro Computer Stock
By now you're likely curious about how to participate in the market for Super Micro Computer &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Related Link: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42134782/after-plunging-16-microstrategy-makes-modest-recovery-in-friday-pre-market-is-there-still-hope-for-a-100k-btc-effect">After Plunging 16%, MicroStrategy Makes Modest Recovery In Friday Pre-Market: Is There Still Hope For A $100K BTC Effect?</a>
SMCI Price Action: At the time of writing, Super Micro shares are trading 11.2% higher at $33.02, per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Image via Shutterstock

Movers

SMCI

What's Going On With Super Micro Computer Shares Friday?

Morgan Stanley analyst Stephen Byrd maintains Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) with a Equal-Weight and lowers the price target from $74 to $72.

Morgan Stanley Maintains Equal-Weight on Xcel Energy, Lowers Price Target to $72

Citigroup analyst Tyler Radke maintains Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) with a Buy and raises the price target from $325 to $358.

Citigroup Maintains Buy on Autodesk, Raises Price Target to $358

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Arm (NASDAQ:<a href="https://investorplace.com/stock-quotes/arm-stock-quote/">ARM</a>) stock is up on Thursday after investors in the semiconductor company learned that graphics card company Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) holds a large stake in it.



A recent filing with the Securities and Exchange Commission (SEC) reveals that Nvidia <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318071441&amp;type=PDF&amp;symbol=NVDA&amp;cdn=d9da84c7d94a575232b5d5c1b0a4d6da&amp;companyName=NVIDIA+Corporation&amp;formType=13F-HR&amp;formDescription=Quarterly+report+filed+by+institutional+managers%2C+Holdings&amp;dateFiled=2024-02-14">holds 1,960,784 shares</a> of ARM stock. These have a combined value of $147,343,114.



It isn&rsquo;t just ARM stock that Nvidia is interested in. The company also revealed stakes in Nano-X Imaging (NASDAQ:<a href="https://investorplace.com/stock-quotes/nnox-stock-quote/">NNOX</a>), Recursion Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/rxrx-stock-quote/">RXRX</a>), SoundHound AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/soun-stock-quote/">SOUN</a>) and Tusimple&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/TSPH#OTC">TSPH</a>) in that same filing.



Nvidia taking such a large stake in ARM stock is interesging considering it <a href="https://fortune.com/2024/02/14/nvidia-reports-stake-in-arm-ai-semiconductor-chips/">once tried to acquire the company</a> for $40 billion. That deal was shut down but it doesn&rsquo;t look like Nvidia has lost interest in the British semiconductor company.



<h2>How This Affects ARM Stock</h2>



News of Nvidia buying nearly $150 million worth of ARM stock have the company&rsquo;s shares on a wild ride today. The stock surged as much as 50% during pre-market trading on Thursday. However, the shares have mostly settled since then and are currently only up 2% as of this morning.



Trading activity for ARM stock also isn&rsquo;t as high as one might expect at about 855,000 shares this morning. That&rsquo;s still well below the company&rsquo;s daily average trading volume of roughly 12.6 million shares.



Investors looking for all of the latest stock market stories are in the right place!



We have all of the hottest stock market news worth reading about on Thursday! Among that is what&rsquo;s going on with shares of Cineverse&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cnvs-stock-quote/">CNVS</a>), Treasure Global&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/tgl-stock-quote/">TGL</a>) and China Natural Resources&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/chnr-stock-quote/">CHNR</a>)&nbsp;stock this morning. You can catch up on all of these stories down below!



<h2>More Thursday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/02/why-is-cineverse-cnvs-stock-down-32-today/">Why Is Cineverse (CNVS) Stock Down 32% Today?</a></li>



<li><a href="https://investorplace.com/2024/02/why-is-treasure-global-tgl-stock-down-38-today/">Why Is Treasure Global (TGL) Stock Down 38% Today?</a></li>



<li><a href="https://investorplace.com/2024/02/why-is-china-natural-resources-chnr-stock-up-202-today/">Why Is China Natural Resources (CHNR) Stock Up 202% Today?</a></li>
</ul>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/02/nvidia-is-betting-big-on-arm-stock/">Nvidia Is Betting Big on ARM Stock</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Nvidia Is Betting Big on ARM Stock

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) can add boosting a struggling company to its list of recent accomplishments. The Silicon Valley giant recently <a href="https://www.investors.com/news/technology/nvidia-discloses-stakes-in-arm-soundhound-ai-nano-x-and-more/">disclosed investments</a> in several of its tech sector peers, including Nano-X Imaging (NASDAQ:<a href="https://investorplace.com/stock-quotes/nnox-stock-quote/">NNOX</a>). The medical imaging company isn&rsquo;t well known outside of its niche market, but since news broke of Nvidia&rsquo;s stake, NNOX stock has been surging. 



Nvidia doesn&rsquo;t rank among the company&rsquo;s top shareholders or even close to it. But its investment has given the stock a much-needed catalyst, thrusting Nano-X into the spotlight and sending shares up by more than 50% in just a few hours. 



Nano-X Imaging isn&rsquo;t the only company that Nvidia is betting on. However, out of the five stocks named in the <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/4b0dec87-dde5-41c3-9f4b-b0157a47d2af.pdf">recent 13F filing</a>, NNOX is the best performer so far today. This could be the start of a turnaround for the little-known company that plunged in June 2023 and hasn&rsquo;t been able to make up the ground it lost.



<h2>What&rsquo;s Happening With NNOX Stock</h2>



NNOX stock is still one of today&rsquo;s <a href="https://investorplace.com/2024/02/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-thursday-feb-15th/">top market movers</a> despite losing some momentum since <a href="https://www.investors.com/news/technology/nvidia-discloses-stakes-in-arm-soundhound-ai-nano-x-and-more/">surging 125%</a> this morning. As of this writing, it is up more than 52% for the day. This is a better performance than SoundHound AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/-stock-quote/"></a><a href="https://investorplace.com/stock-quotes/soun-stock-quote/">SOUN</a>) or China&rsquo;s Tusimple Holdings (OTCMKTS:<a href="https://investorplace.com/stock-quotes/tsph-stock-quote/">TSPH</a>), both of which received larger investments from Nvidia. In fact, out of the five companies named, Nano-X is the chipmaker&rsquo;s smallest position, encompassing only 379,856 shares.



This comes at a time when the company certainly needed a boost. NNOX stock has been declining since the summer of 2023, failing to demonstrate any sustainable growth. The company managed to hover among penny stock status but could never stay too far above it, rarely rising above $6 per share. Now, NNOX is nearing $10 and could easily pass it today. 



This performance led to a negative sentiment from many experts. In September 2023, as NNOX continued trending downward, InvestorPlace contributor Chandler Capital <a href="https://investorplace.com/2023/09/ticking-time-bombs-3-biotech-stocks-to-dump-before-the-damage-is-done/">issued a bearish take</a> on the stock, speculating:




&ldquo;We immediately see an excessive valuation that is seemingly only propped up by its most loyal of investors. With&nbsp;<a href="https://seekingalpha.com/symbol/NNOX/valuation/metrics" target="_blank">a trailing P/S of 36x</a>&nbsp;compared to its industry median of 3.52x, this stock is certainly overvalued. Until this company can reach a more reasonable valuation and stable metrics, I highly advise all investors to stay away from this ticking time bomb.&rdquo;




Clearly, Nvidia disagreed with this assessment. The tech sector leader has spent the past year making market history. Most recently, it became the world&rsquo;s <a href="https://investorplace.com/2024/02/nvda-stock-alert-nvidia-is-now-the-no-3-most-valuable-company-in-the-world/">third most valuable company</a> by market value. While it may not stay there for long, Nvidia is the undisputed leader of the artificial intelligence (AI) boom, and its power cannot be understated. Therefore, no one should ignore the bets it has made on companies in the tech space. 



<h2>What Comes Next</h2>



Given Nano-X&rsquo;s lack of status among <a href="https://investorplace.com/industries/technology/">tech stocks</a>, it&rsquo;s hard to say if its current momentum will continue. However, the company is now on the radar of the entire investing world after only having <a href="https://www.tipranks.com/stocks/nnox/forecast">two takes</a> from Wall Street analysts. Investors are paying attention to the stocks that Nvidia is betting on. That said, Nano-X does operate in a lucrative field. The medical imaging market is <a href="http://6.2%">expected to expand </a>at a compound annual growth rate (CAGR) of 6.2% between 2024 and 2030. If it does, NNOX stock will likely continue making progress. 



On the date of publication, Samuel O&rsquo;Brient&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>. 
<div>Samuel O&rsquo;Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. O&rsquo;Brient writes a weekly column on recent political news that investors should be following.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/02/nano-x-imaging-nnox-stock-soars-50-on-nvidia-investment/">Nano-X Imaging (NNOX) Stock Soars 50% on Nvidia Investment</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Nano-X Imaging (NNOX) Stock Soars 50% on Nvidia Investment

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) is off to a great start this year, and thanks to its recent 13F filing, so are five other <a href="https://investorplace.com/industries/technology/">tech stocks</a>. The chipmaker has seen shares surge more than 220% over the past year as the artificial intelligence (AI) boom has overtaken markets. Nvidia recently proved, though, that it has the power not just to demonstrate impressive growth but to help smaller companies rise as well. In a report for the 2023 fiscal year filed with the U.S. Securities and Exchange Commission (SEC), the company <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/4b0dec87-dde5-41c3-9f4b-b0157a47d2af.pdf">revealed positions</a> in five smaller companies, revealing what its leaders saw as the best stocks to buy over the past year. 



This list included companies, both large and small, including penny stock SoundHound (NASDAQ:<a href="https://investorplace.com/stock-quotes/soun-stock-quote/">SOUN</a>). However, thanks to <a href="https://investorplace.com/2024/02/nvidia-is-betting-on-soundhound-ai-soun-stock/">Nvidia&rsquo;s investment</a>, it may not be trading below the $5 mark for long. Wedbush Securities analyst Dan Ives i<a href="https://markets.businessinsider.com/news/stocks/soundhound-stock-price-nvidia-investment-artificial-intelligence-ai-stock-market-rally-2024-2">ssued the following take</a> in a note to investors today:




&ldquo;We view this as a positive indicator for the company as this investment now further solidifies the company&rsquo;s brand within the AI Revolution with the Godfather of AI Jensen and NVDA now backing SOUN and we believe this could be the start of a broader investment into the company down the line which is a clear tailwind.&rdquo;




Does this mean that the other companies Nvidia is betting on are going to keep rising during the coming months? Let&rsquo;s take a look at the stocks to buy if you want to invest like one of Silicon Valley&rsquo;s leading tech and assess what the future likely holds for these AI-focused tech plays. An investment from a company like Nvidia can change the ways in which investors regard them.



<h2>Stocks to Buy: Arm Holdings (ARM)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/arm1600-3-300x169.png" alt="ARM company logo or ARM Holding plc logo on smartphone hardware. is a British semiconductor and software design company owned by SoftBank group"><div>Source: Poetra.RH / Shutterstock.com</div></div>


Since going public in September 2023, Arm Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/arm-stock-quote/">ARM</a>) has performed very well. The British semiconductor producer has risen more than 107% over the past six months. 



As InvestorPlace contributor Charles Munyi notes, this <a href="https://investorplace.com/2024/02/the-3-best-ai-stocks-to-buy-in-february-2024/">can be attributed</a> to soaring demand for graphic processing units (GPUs). Nvidia also makes these key AI products, which is likely the reason it <a href="https://fortune.com/2024/02/14/nvidia-reports-stake-in-arm-ai-semiconductor-chips/">tried to acquire Arm</a> in 2020 in a deal worth $40 billion. While antitrust pressure ultimately stopped it, that didn&rsquo;t stop Nvidia from acquiring a sizable chunk of the company. According to the <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/4b0dec87-dde5-41c3-9f4b-b0157a47d2af.pdf">13F filing</a>, it currently owns 1,960,784 shares of ARM stock, a total value of $147,343,114. 



<h2>Nano-X Imaging (NNOX)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/nnox1600-300x169.png" alt="Nano-X Imaging is revolutionizing healthcare with its novel digital X-ray technology. The firm is dedicated to affordable, early detection. NNOX stock"><div>Source: MacroEcon / Shutterstock.com</div></div>


This medical imaging company isn&rsquo;t well known, but it has been surging since news broke of Nvidia&rsquo;s investment. Nano-X Imaging (NASDAQ:<a href="https://investorplace.com/stock-quotes/nnox-stock-quote/">NNOX</a>) is the smallest position out of the five, with Nvidia owning only 59,632 shares, worth $379,856 combined. However, NNOX stock <a href="https://investorplace.com/2024/02/nano-x-imaging-nnox-stock-soars-50-on-nvidia-investment/">surged more than 50% </a>this morning and has barely dipped, indicating that its ride isn&rsquo;t over yet. If Nvidia bought its shares anytime after the summer of 2023, then it likely acquired NNOX at a discounted price, making it a highly strategic investment. It seems that the tech giant knows which stocks to buy when they are on a dip.



This could be the turning point that Nano-X needs to start making up the ground it has lost since then. It operates in a lucrative, albeit niche, market that is <a href="https://finance.yahoo.com/news/global-medical-imaging-market-size-112000714.html#:~:text=GlobeNewswire-,Global%20Medical%20Imaging%20Market%20Size%2C%20Share%20%26%20Growth%20Analysis%2C%20%5B,%5D%20%7C%20With%20CAGR%20of%206.2%25&amp;text=As%20per%20the%20report%20by,6.2%25%20during%20the%20forecast%20period.">projected to reach</a> a $61.51 billion valuation by 2030. For companies in the space, that means ample room to run, which Nvidia clearly thinks NNOX stock can do. 



<h2>Stocks to Buy: Recursion Pharmaceuticals (RXRX)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/rxrx1600-300x169.png" alt="Recursion Pharmaceuticals (RXRX) website displayed on a modern smartphone"><div>Source: Piotr Swat / Shutterstock.com</div></div>


The only company on this list not in the tech space, Recursion Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/rxrx-stock-quote/">RXRX</a>) may strike some as an odd choice for an investor like Nvidia. However, the company does offer investors some AI exposure. In fact, it features a platform powered by AI that is <a href="https://investorplace.com/2023/12/3-genomics-stocks-to-unlock-the-future-of-medicine/">helping its peers</a> in the genomics and biotech&nbsp;spaces. The pharmaceutical innovator has enjoyed a year of mostly steady growth, with share prices roughly doubling since early 2023. It&rsquo;s also the largest holding out of the five stocks on this list, with Nvidia holding 7,706,363 shares. 



While RXRX stock hasn&rsquo;t risen today by as much as NNOX, it has still spent the day slowly trending upward. And Nvidia isn&rsquo;t the only one betting on it. Famed contrarian investor Cathie Wood of Ark Invest also saw it as a clear choice among stocks to buy after Recursion announced its new platform. Her funds <a href="https://investorplace.com/2024/01/cathie-wood-is-betting-big-on-recursion-pharmaceuticals-rxrx-stock/">purchased 74,000 shares</a> of RXRX stock, making it a <a href="https://ark-funds.com/funds/arkg/">top 10 holding</a> in its ARK Genomic Revolution ETF (BATS:<a href="https://investorplace.com/stock-quotes/arkg-stock-quote/">ARKG</a>). The list of prominent names throwing their weight behind Recursion only seems to be growing. 



<h2>SoundHound AI (SOUN)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/soun1600-1-300x169.png" alt=" In this photo illustration, the SoundHound logo seen displayed on a smartphone. SOUN stock"><div>Source: rafapress / Shutterstock.com</div></div>


Even in the throes of the AI boom, it&rsquo;s been hard for SoundHound AI to find real momentum. This penny stock has seen some growth during the AI gold rush, but it has still struggled to demonstrate any real growth. However, Nvidia&rsquo;s bet on SOUN stock sent it soaring, pushing shares up by more than 50% today. While it still trades at penny stock levels, if this growth continues, it could easily rise above $5 per share soon. As InvestorPlace contributor Jeremy Flint reports:




&ldquo;SoundHound AI is a small-cap AI stock that <a href="https://investorplace.com/2024/02/3-ai-stocks-that-could-be-the-next-palantir/">may not stay small</a> for long. The company is bringing AI into oft-overlooked fields within voice recognition, like helping restaurant operations&nbsp;<a href="https://finance.yahoo.com/news/soundhound-ai-soun-boosts-restaurants-163200299.html">improve order flow</a>&nbsp;through AI voice assistance. Voice recognition is a small but growing field, and as AI stocks like SOUN show us, the total addressable market is as wide as a company can adapt its tech to serve.&rdquo;




Flint speculated that SoundHound could become the next Palantir Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>). Nvidia evidently agrees with that analogy, as it has purchased 1,730,883 shares of SOUN stock. This type of endorsement could be exactly what the small-cap company needs to show investors that it is worth betting on.



<h2>Stocks to Buy: TuSimple Holdings (TSPH)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/tsph1600-300x169.png" alt="TuSimple company brand logo on official website. TSPH stock"><div>Source: Robert Way / Shutterstock.com</div></div>


Nvidia&rsquo;s bet on this Chinese autonomous trucking technology company likely turned some heads for one reason: TuSimple (OTCMKTS:<a href="https://investorplace.com/stock-quotes/tsph-stock-quote/">TSPH</a>) is a microcap stock that trades at much lower levels than even SoundHound, with a market cap of just over $105 million. Even after rising almost 35%, TSPH still trades at only $0.48 per share. However, Nvidia clearly saw it as a key opportunity to buy a company with high growth potential on a dip. It finished 2023 with 3,465,372 TuSimple shares. The fact that this stock has spent the past six months bleeding out 70% further suggests that Nvidia is optimistic about its growth prospects. 



For all that, investors should be careful to account for TuSimple&rsquo;s progress. In June 2023, it <a href="https://ir.tusimple.com/press-releases/news-details/2023/TuSimple-Becomes-First-to-Successfully-Operate-Driver-Out-Fully-Autonomous-Semi-truck-on-Open-Public-Roads-in-China/default.aspx">became the first company</a> to successfully operate a fully autonomous semi-truck on China&rsquo;s open road. With a strong presence in both China and the United States, the company is well-positioned to secure a piece of a <a href="https://www.globenewswire.com/news-release/2024/02/06/2824047/28124/en/Global-Autonomous-Trucks-Market-Outlook-Report-2024-Enhancing-Road-Safety-and-Meeting-the-Rising-Demand-for-Logistics-from-the-Boom-of-in-e-Commerce-Amid-a-Driver-Shortage.html">fast-growing</a> market. 



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.&nbsp;



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On the date of publication, Samuel O&rsquo;Brient&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Samuel O&rsquo;Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. O&rsquo;Brient writes a weekly column on recent political news that investors should be following.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/02/5-stocks-to-buy-to-invest-like-nvidia/">5 Stocks to Buy to Invest Like Nvidia</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Earlier this week, the <a href="https://investorplace.com/2024/05/what-is-chubb-7-things-to-know-about-the-warren-buffett-mystery-stock/">deadline for regulatory disclosures</a> sparked much intrigue regarding certain institutional investors. Among them was technology juggernaut Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>). Curiously, the company abandoned its stake in TuSimple (OTCMKTS:<a href="https://investorplace.com/stock-quotes/tsph-stock-quote/">TSPH</a>), an enterprise that leverages artificial intelligence (AI) to facilitate autonomous driving for semi-trucks. Previously, TSPH stock soared when Nvidia earlier disclosed owning a small position.



For the fourth quarter&rsquo;s <a href="https://whalewisdom.com/filer/nvidia-corp">13F disclosure</a> filed with the U.S. Securities and Exchange Commission (SEC), Nvidia revealed that it owned around 3.47 million shares of TSPH stock. The market value of these shares amounted to $3.04 million or 87.7 cents per share. However, the estimated average buying price stood at approximately $1.12. per share. At the time, the position represented 1.32% of the semiconductor giant&rsquo;s portfolio.



However, for the latest Q1 disclosure, Nvidia publicized that it sold its entire position. From a money management perspective, the move made sense. On a year-to-date basis, TSPH stock is down nearly 62%. Over the past 52 weeks, it shed almost 76%. Thus, Nvidia may have wanted to avoid sending good money into bad.



<h2>Nvidia Dumping TSPH Stock Clashes with Prior Sentiment</h2>



While arguably sensible, the move by Nvidia is jarring. Back in mid-February of this year, the tech firm&rsquo;s 13F disclosure for Q4 revealed the aforementioned position in TSPH stock. The publication of that stake sent TuSimple soaring as <a href="https://www.cnbc.com/2024/02/15/nvidia-holdings-disclosure-pumps-up-shares-of-small-ai-companies.html#:~:text=Nvidia%20invested%20in%20TuSimple%20in,in%20public%20equity%2C%20or%20PIPE.">investors clamored for anything related to AI</a>, especially businesses involved with Nvidia.



Further, Nvidia <a href="https://techcrunch.com/2017/08/16/nvidia-invests-in-chinese-autonomous-trucking-startup-tusimple/">invested in TSPH stock in 2017</a>, four years before TuSimple&rsquo;s initial public offering. Likely, this information bolstered investor sentiment, even though TSPH has turned wildly volatile since late 2021.



In early 2022, TuSimple generated headlines when it revealed a <a href="https://www.reuters.com/technology/self-driving-truck-company-tusimple-use-nvidia-chips-autonomous-computing-2022-01-04/">partnership</a> with Nvidia. The deal involved using the chipmaker&rsquo;s semiconductors to design and build an autonomous driving system for self-driving trucks.



Unfortunately for speculators, the once-promising relationship appears to be ending. Early this year, The Wall Street Journal reported that the U.S. Department of Commerce <a href="https://www.wsj.com/tech/tusimple-china-company-chip-shipment-investigation-13e362be">stopped a shipment</a> of 24 Nvidia chips bound for one of TuSimple&rsquo;s subsidiaries in Australia.



Although advanced U.S. chips can be sent to Australia, the Biden administration&rsquo;s policies prohibit transfers of such products to China. Federal investigations previously targeted TuSimple amid concerns that it was transferring technology to China.



<h2>Why It Matters</h2>



Since its public market debut, TSPH stock has lost more than 99%, per data from Google Finance. It&rsquo;s one of the worst implosions of market value. In April 2021, Reuters noted that TuSimple <a href="https://www.reuters.com/article/idUSKBN2C21A6/">raised over $1 billion in its initial public offering</a> (IPO). At the time, the deal valued the company at nearly $8.5 billion.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.&nbsp;



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On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/05/nvidia-abandoned-tusimple-tsph-stock-in-q1/">Nvidia Abandoned TuSimple (TSPH) Stock in Q1</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Nvidia Abandoned TuSimple (TSPH) Stock in Q1

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Press Releases

TuSimple Appoints Two New Directors to its Board of Directors

TuSimple Reaches Settlement Agreement With the Committee on Foreign Investment in the United States

Camac Partners Calls on TuSimple to Take Long Overdue Step of Monetizing Remaining Assets and Returning Capital to Shareholders

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TuSimple Expands into Generative AI for Animation and Video Games with "The Three-Body Problem" Partnership

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