Dernières nouvelles pour Alpha Cognition (NASDAQ:ACOG) Stock

Alpha Cognition

Alpha Cognition Inc is a biopharmaceutical company dedicated to developing treatments for patients suffering from neurodegenerative diseases, such as Alzheimer's disease, for which there are limited or no treatment options. The Company's current focus is on the commercial manufacturing and sales of ZUNVEYL oral tablet formulation. The Company's commercial development program for ZUNVEYL is primarily focused on building a long-term care commercial team that can focus on providing key points of differentiation, exploiting key issues with existing Acetylcholinesterase inhibitors treatments, and seeking potential licensing partners for other additional indications and new formulations.

Alpha Cognition Inc

Alpha Cognition Inc Ordinary Shares

HC Wainwright &amp; Co. analyst Kevin Dede reiterates Bit Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) with a Buy and maintains $7 price target.

News

Price Target

Reiteration

Analyst Ratings

BTBT

HC Wainwright & Co. Reiterates Buy on Bit Digital, Maintains $7 Price Target

Strong Q3 organic net sales growth. On track for full year with sequential improvement in H2
<ul>
<li>Reported net sales for the third quarter increased by 2.9% to $4.4bn, with positive organic growth partially offset by unfavourable foreign exchange and disposals.</li>
<li>Organic net sales were up 5.9% in the quarter, with organic volume up 2.8% and positive price/mix of 3.1%.</li>
<li>Performance in the quarter was supported by favourable phasing which we estimate contributed c.4% of Q3 group organic net sales growth, mainly from North America and to a lesser extent Latin America and Caribbean, and is expected to reverse in Q4.</li>
<li>All regions delivered positive price/mix except Asia Pacific where continued consumer downtrading and adverse market mix impacted net sales.</li>
<li>Full year fiscal 25 guidance for organic net sales and operating profit reiterated.</li>
<li>Launching first phase of Accelerate programme to create a more agile operating model. We expect to sustainably deliver c. $3bn free cash flow per annum from fiscal 26, increasing as performance improves. This is supported by a c.$500m cost savings programme, which will enable both reinvestment in future growth and improved operating leverage. We expect to return to well within our target leverage ratio range of 2.5 – 3.0x no later than fiscal 28 providing us with a lot more flexibility, and which will also be supported by appropriate and selective disposals over the coming years.</li>
</ul>

Earnings

Diageo Delivers Q3 With $4.4B In Sales, 5.9% Organic Growth Driven By Volume And Price/Mix; Reaffirms Full-Year Guidance Despite FX And Disposals

Former Vice President Mike Pence criticized President Donald Trump during an interview on Sunday for remarks he made during his tour of the Middle East. 
I've never been a fan of American presidents criticizing America on foreign soil," Pence said.
What Happened: Speaking <a href="https://www.nbcnews.com/meet-the-press-full-episodes">to</a> NBC, Pence said "To have the president in Saudi Arabia questioning America's global war on terror, and describing it as nation-building and interventionist, I thought was a disservice to generations of Americans who wore the uniform and who took the fight to our enemy, you know, in Afghanistan and in Iraq,"
He added: "And particularly giving that speech in Saudi Arabia, where 15 of the 19 9/11 hijackers hailed from&nbsp;—&nbsp;not including Osama bin Laden, I thought was unfortunate."
Pence's comments were made in response to Trump's rhetoric about past military operations in the Middle East.
"The gleaming marvels of Riyadh and Abu Dhabi were not created by the so-called nation-builders, neocons or liberal nonprofits like those who spent trillions and trillions of dollars failing to develop Kabul, Baghdad, so many other cities," Trump said. "Instead, the birth of a modern Middle East has been brought by the people of the region themselves."
Trump also praised Saudi Crown Prince Mohammed bin Salman, despite U.S. intelligence linking him to the death of journalist Jamal Khashoggi in 2018. "He's an incredible man. I've known him a long time now. There's nobody like him," Trump said. "I like him a lot. I like him too much."
See Also: <a href="https://www.benzinga.com/markets/25/05/45484954/treasury-secretary-bessent-addresses-moodys-downgrade-and-tariff-impact-n-walmart">Treasury Secretary Bessent Addresses Moody&#8217;s Downgrade and Tariff Impact on Walmart</a>
Why It Matters: Pence's differences with Trump previously came to the forefront over the 2020 election certification and the January 6 riots in the Capitol. He also commented on Trump&#8217;s tariff policy earlier this month, <a href="https://www.benzinga.com/news/25/05/45214328/mike-pence-warns-trumps-indiscriminate-tariffs-could-trigger-price-shock-and-potential-shortages-keeping-our-kids-toys-affordable-is-part-of-the-american-dream">warning that it could lead to a "price shock"</a> in the economy and potentially cause shortages.
In April, he wrote an op-ed evaluating Trump's first 100 days of his second term, lauding his <a href="https://www.benzinga.com/25/04/45088889/mike-pence-says-trump-comeback-unrivaled-in-modern-american-history-but-only-return-to-values-of-first-term-will-ensure-presidents-legacy">"political comeback unrivaled in modern American history.&#8221;</a>
Despite critiquing Trump&#8217;s rhetoric in the Middle East, Pence admitted that Trump's trip had economic significance and <a href="https://www.benzinga.com/markets/25/05/45487988/trumps-middle-east-trip-draws-rare-praise-from-mike-pence-as-very-successful-for-us-economy-amid-historic-boeing-deal-thatll-really-support-american-jobs">praised the potential effects on the American job market</a>.
"The president secured financial commitments in all three countries, including a historic contract for purchasing Boeing aircraft that'll really support American jobs," he said.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/05/45484990/voice-of-america-purge-trump-appointed-chief-fires-600-reporters-with-j-1-visa-face-deportation">Voice of America Purge? Trump-Appointed Chief Fires 600; Reporters With J-1 Visa Face Deportation</a></li>
</ul>
Photo courtesy: mark reinstein / Shutterstock.com

Politics

Global

General

Mike Pence Pushes Back After Trump Slams US Foreign Policy, Praises Saudi Crown Prince Mohammed Bin Salman: 'I've Never Been A Fan Of Presidents Criticizing America Abroad'

HC Wainwright &amp; Co. analyst Kevin Dede reiterates Mawson Infra Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIGI#NASDAQ">MIGI</a>) from Neutral to Neutral.

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

HC Wainwright & Co. Reiterates Neutral on Mawson Infra Grto Neutral

For the fourth quarter of fiscal year 2025 ending June 30, 2025, the Company expects its total revenue to be in the range of approximately US$27.5 million to US$30 million. This forecast reflects the Company's current and preliminary view of its expected financial performance for the fourth quarter of fiscal year 2025 and is subject to change.

Guidance

GMHS

Gamehaus Holdings Expects Q4 Revenue Of $27.5M-$30.0M

HC Wainwright &amp; Co. analyst Scott Buck reiterates LightPath Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPTH#NASDAQ">LPTH</a>) with a Buy and maintains $5 price target.

LPTH

HC Wainwright & Co. Reiterates Buy on LightPath Technologies, Maintains $5 Price Target

<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="9" rowspan="1">GAMEHAUS HOLDINGS INC. AND ITS SUBSIDIARIES</td>
</tr>
<tr>
<td colspan="9" rowspan="1">UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME</td>
</tr>
<tr>
<td colspan="9" rowspan="1">(EXPRESSED IN U.S. DOLLARS)</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="6" rowspan="1">
For the Nine Months Ended
March 31,
</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="2" rowspan="1">2025</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="2" rowspan="1">2024</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">REVENUE</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">87,390,942</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">113,604,670</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">OPERATING COST AND EXPENSES</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp;Cost of revenue</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(41,358,663)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(55,247,296)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp;Research and development expenses</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(4,250,977)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(3,735,477)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp;Selling and marketing expenses</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(36,628,917)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(45,599,043)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp;General and administrative expenses</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(3,137,638)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(2,931,499)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">INCOME FROM OPERATIONS</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2,014,747</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">6,091,355</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">OTHER INCOME (EXPENSES):</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; Share of net loss from equity investees</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(7,800)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(29,321)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; Interest income</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">428,060</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">203,087</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; Other income, net</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">48,904</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">29,826</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total other income, net</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">469,164</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">203,592</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">INCOME BEFORE PROVISION FOR INCOME TAXES</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">2,483,911</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">6,294,947</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">INCOME TAXES EXPENSES</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(169,171)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(254,553)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">NET INCOME</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">2,314,740</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">6,040,394</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Less: net (loss) income attributable to non-controlling interests</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(62,407)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">346,503</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">NET INCOME ATTRIBUTABLE TO GAMEHAUS &nbsp; &nbsp;HOLDINGS INC'S SHAREHOLDERS</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">2,377,147</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">5,693,891</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">OTHER COMPREHENSIVE INCOME</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net income</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">2,314,740</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">6,040,394</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp;Foreign currency translation adjustment, net of tax</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">181,529</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">110,042</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">TOTAL COMPREHENSIVE INCOME</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2,496,269</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">6,150,436</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; Less: total comprehensive (loss) income attributable to non- &nbsp; &nbsp; controlling interests</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">(62,469)</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">346,532</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO&nbsp; &nbsp; GAMEHAUS HOLDINGS INC'S SHAREHOLDERS</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">2,558,738</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">5,803,904</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">BASIC AND DILUTED EARNINGS PER SHARE:</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net income attributable to Gamehaus Holdings Inc's shareholders per&nbsp; &nbsp; &nbsp;share</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp;Basic and diluted</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">0.04</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">0.11</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; Weighted average shares outstanding used in calculating basic and &nbsp; &nbsp;diluted income per share</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp; &nbsp; Basic and diluted</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">53,569,358</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">50,000,000</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td>&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
 &nbsp;

Gamehaus Holdings Reported 9M FY25 Revenue Of $87.4M, Down 23.1% YoY, EPS Of $0.04

Needham analyst Kyle Peterson reiterates Upstart Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) with a Buy and maintains $70 price target.

UPST

Needham Reiterates Buy on Upstart Hldgs, Maintains $70 Price Target

Trident Digital Tech Holdings Ltd (("Trident" or the "Company, NASDAQ:<a href="https://www.benzinga.com/stock/TDTH#NASDAQ">TDTH</a>), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, has received a notification letter, dated May 13, 2025, from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the minimum bid price per share of its securities was below $1.00 for a period of 32 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement").
The notification letter has no immediate effect on the listing of the Company's securities, and the Company's securities continue to trade on Nasdaq under the symbol "TDTH".
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until November 10, 2025 (the "Compliance Period"), to regain compliance with Nasdaq's Minimum Bid Price Requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's securities is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.
In the event the Company does not regain compliance by November 10, 2025, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary.
The Company intends to monitor the closing bid price of its securities and will consider its options in order to regain compliance with the Minimum Bid Price Requirement.

Government

Regulations

TDTH

Trident Digital Gets Nasdaq Warning After Stock Trades Below $1 for 32 Days

Former Vice President Mike Pence is urging President Donald Trump to reject a controversial $400 million Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) 747-8 jumbo jet gift from Qatar&#8217;s royal family, citing national security risks and ethical concerns over what would be the largest foreign gift ever received by the U.S. government.
What Happened: Pence criticized the arrangement during Sunday&#8217;s NBC <a href="https://www.nbcnews.com/meet-the-press/video/mike-pence-says-he-privately-warned-trump-against-tariffs-in-his-first-term-full-interview-239822917643">interview</a>, stating &#8220;Qatar has a long history of playing both sides&#8221; and arguing the gift is &#8220;inconsistent with our security, with our intelligence needs.&#8221; He called it simply &#8220;a bad idea&#8221; and urged Trump to reconsider.
The lavish aircraft, described as a &#8220;flying palace,&#8221; would serve as Trump&#8217;s Air Force One <a href="https://www.benzinga.com/25/05/45340930/trumps-400-million-boeing-jet-gift-from-qatar-sparks-outcry-from-larry-summers-peter-schiff-banana-republic-level-corruption?utm_source=chatgpt.com">replacement until his term ends</a>, then transfer to the Trump Presidential Library Foundation by January 2029. 
White House Press Secretary Karoline Leavitt defended the arrangement, confirming it <a href="https://www.benzinga.com/25/05/45340930/trumps-400-million-boeing-jet-gift-from-qatar-sparks-outcry-from-larry-summers-peter-schiff-banana-republic-level-corruption?utm_source=chatgpt.com">&#8220;complies with all applicable laws&#8221;</a> while emphasizing &#8220;full transparency.&#8221;
Trump defended the transaction on Truth Social, emphasizing the plane goes to the U.S. Air Force/Defense Department &#8220;AND NOT TO ME,&#8221; claiming it saves taxpayers &#8220;hundreds of millions of dollars.&#8221; Legal assessments by the White House and Department of Justice concluded the gift doesn&#8217;t violate bribery laws or the Constitution&#8217;s emoluments clause.
See Also: <a href="https://www.benzinga.com/25/05/45488706/gary-black-thinks-expectations-for-teslas-robotaxi-launch-are-too-high-currently-teslas-autonomy-cant">Gary Black Thinks Expectations For Tesla&#8217;s Robotaxi Launch Are Too High: &#8216;Currently, Tesla&#8217;s Autonomy Can&#8217;t…&#8217;</a>
Why It Matters: The controversy highlights growing concerns about foreign influence as Boeing faces ongoing Air Force One delivery delays, originally scheduled for 2024 but now expected in 2027. 
Former Treasury Secretary Larry Summers and economist Peter Schiff have sharply <a href="https://www.benzinga.com/25/05/45340930/trumps-400-million-boeing-jet-gift-from-qatar-sparks-outcry-from-larry-summers-peter-schiff-banana-republic-level-corruption?utm_source=chatgpt.com">criticized the arrangement</a>, with Summers calling it &#8220;banana-republic-level corruption&#8221; on X, questioning why universities face scrutiny for Qatari research gifts while the president can accept such presents. Schiff compared it to monarchical privilege, noting &#8220;stock brokers can&#8217;t accept gifts worth over $100.&#8221;
The timing coincides with Qatar&#8217;s massive $200 billion deal to purchase 160 Boeing jets, which economist Schiff warns could <a href="https://www.benzinga.com/general/travel/25/05/45427289/peter-schiff-warns-qatars-200-billion-boeing-deal-could-spike-us-inflation-interest-rates-says-tre?utm_source=chatgpt.com">strain U.S. bond markets</a> as Qatar may sell Treasuries to finance the purchase, potentially pushing up inflation and interest rates. 
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45488603/apples-ai-powered-home-services-strategy-could-upend-yelp-angi-goog-insider-says-trust-data-and-ux-key-in-this-500b-market">Apple&#8217;s AI-Powered Home Services Strategy Could Upend Yelp, Angi, Alphabet: Insider Says Trust, Data And UX Key In This $500 Billion Market</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Trump's Former VP Mike Pence Calls Qatari Royal Family's Boeing Jet Gift A 'Bad Idea,' Urges President To Reject $400 Million 'Flying Palace'

Sable Offshore Corp. ("Sable," or the "Company")(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOC#NYSE">SOC</a>) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit ("SYU") and has begun flowing oil production to Las Flores Canyon ("LFC"). Additionally, with the completion of the Gaviota State Park anomaly repairs on the Las Flores Pipeline System (the "Onshore Pipeline") on May 18, 2025, Sable has now completed its anomaly repair program on the Onshore Pipeline as specified by the Consent Decree, the governing document for the restart and operations of the Onshore Pipeline.
Seven of the eight sections of the Onshore Pipeline have been successfully hydrotested. Sable will complete the final hydrotest in order to meet the final operational condition to restart the Onshore Pipeline as outlined in the Consent Decree. Sable expects to fill the ~540,000 barrels of crude oil storage capacity at LFC by the middle of June 2025 and subsequently recommence oil sales in July 2025.
Production Restart
<ul>
<li>On May 15, 2025, Sable initiated the flow of oil production from six wells on Platform Harmony of the SYU to LFC at a rate of ~6,000 barrels of oil per day.</li>
<li>Sable has been testing wells on Platform Harmony throughout May 2025 and the well tests have performed consistently stronger than they did at the time of shut-in on May 19, 2015 when the SYU produced approximately 45,000 barrels of oil equivalent per day.</li>
<li>Approximately 30% of the 32 producing wells at Platform Harmony have been tested as of May 18, 2025 with the remaining Platform Harmony wells projected to be tested over the course of the next several days.</li>
<li>Sable expects to initiate production from the additional 44 wells on Platform Heritage and the additional 26 wells on Platform Hondo in July 2025 and August 2025, respectively.</li>
</ul>
Updated Guidance
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="7" rowspan="1">2H25 Guidance</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">Prior Guidance(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">Updated Guidance(2)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Production</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net Average Daily Production (BOE/D)</td>
<td colspan="1" rowspan="1">20,000</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">25,000</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">40,000</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">50,000</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Working Interest (%)</td>
<td colspan="3" rowspan="1">100.0%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">100.0%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Average Net Revenue Interest (%)</td>
<td colspan="3" rowspan="1">83.6%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">83.6%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cash Costs ($ / BOE)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Lease Operating Expense</td>
<td colspan="1" rowspan="1">$17.00</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$19.00</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$11.00</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$13.50</td>
</tr>
<tr>
<td colspan="1" rowspan="1">% Fixed LOE</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">75%</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">85%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Gathering, Processing &amp; Transportation</td>
<td colspan="1" rowspan="1">$2.50</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$3.50</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$2.50</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$3.50</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cash General &amp; Administrative</td>
<td colspan="1" rowspan="1">$4.50</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$5.50</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$2.50</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$3.50</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Severance &amp; Ad Valorem Taxes (% of Revenue)</td>
<td colspan="1" rowspan="1">0.5%</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">1.0%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">0.5%</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">1.0%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operational Capex</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Facilities Capex ($MM)</td>
<td colspan="1" rowspan="1">$50</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$60</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$50</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$60</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Workover Capex ($MM)</td>
<td colspan="1" rowspan="1">20</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">30</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">20</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">30</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total Capex ($MM)</td>
<td colspan="1" rowspan="1">$70</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$90</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$70</td>
<td colspan="1" rowspan="1">‒</td>
<td colspan="1" rowspan="1">$90</td>
</tr>
</tbody>
</table>
</figure>

Sable Offshore Ramps Up Oil Production, Raises 2H25 Output Guidance to 40K–50K BOE/Day

G. Willi-Food Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WILC#NASDAQ">WILC</a>) reported quarterly earnings of $0.37 per share. This is a 2.78 percent increase over earnings of $0.36 per share from the same period last year. The company reported $38.96 million in sales this quarter. This is a 5.41 percent increase over sales of $36.96 million the same period last year.

WILC

G. Willi-Food Intl Q1 EPS $0.37 Up From $0.36 YoY, Sales $38.96M Up From $36.96M YoY

U.S. stock futures dipped on Monday after closing higher for the day and the week on Friday. Futures of major benchmark indices were trading lower in premarket.
The S&amp;P 500 index recorded its fifth day of gains on Friday after turning positive for the year at the beginning of the previous week.
However, <a href="https://www.benzinga.com/news/econ-s/25/05/45479078/moodys-downgrades-us-credit-rating-over-debt-deficit-concerns">Moody&#8217;s Ratings downgraded</a> the United States&#8217; long-term credit rating, from Aaa to Aa1 and shifted its outlook from &#8220;negative&#8221; to &#8220;stable.&#8221;
This decision means the U.S. has now lost its top-tier &#8220;triple-A&#8221; rating from all three major credit agencies, following similar downgrades by Fitch and S&amp;P Global.
Meanwhile, the 10-year Treasury bond yielded 4.54% and the two-year bond was at 4.00%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 91.7% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.92%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.32%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-1.74%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.72%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Monday. The SPY was down 1.21% to $587.00, while the QQQ declined 1.63% to $513.00, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Fueled by tech giants like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), the Nasdaq Composite led the charge with a robust 7.2% gain last week, contributing to a broad market rally.
U.S. stocks finished higher on Friday, marking the S&amp;P 500&#8217;s fifth consecutive session of gains and a 5.3% weekly increase. The Dow also added 3.4% for the week.
While most S&amp;P 500 sectors closed positively on Friday, with healthcare, utilities, and real estate leading, energy stocks declined.
Economic data revealed a dip in U.S. consumer sentiment but a slight increase in both import and export prices for April. Apple also saw a ~6% gain last week.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.52%</td>
<td>19,211.10</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.70%</td>
<td>5,958.38</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.78%</td>
<td>42,654.74</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.89%</td>
<td>2,113.25</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Ryan Detrick from Carson Research highlighted in an X post that the &#8220;bear market isn&#8217;t fully recovered yet, but it is close.&#8221;
According to the data shared by him, the bear markets between November 1980 to August 1982 and March 2000 to October 2002 staged the quickest recoveries, within three months.
&#8220;Should it happen soon, this will be the quickest recovery ever from a bear or near bear market.&#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">No, this near bear market isn&#39;t fully recovered yet, but it is close. Should it happen soon, this will be the quickest recovery ever from a bear or near bear market. <a href="https://t.co/rbtma7WLYH">pic.twitter.com/rbtma7WLYH</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1924301522550071551?ref_src=twsrc%5Etfw">May 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, CNBC's Jim Cramer <a href="https://www.benzinga.com/markets/equities/25/05/45486452/jim-cramer-recalls-2011s-6-7-market-decline-after-us-debt-downgrade-says-it-ultimately-meant-nothing-dan-niles-sees-limited-downside-amid-tariff-rollbacks-fomo">recalled that</a> "the market dropped 6.7% after the last downgrade back in 2011, but it, ultimately, meant nothing." Despite weeks of market decline following that event, Cramer emphasized investors "had to stay the course." 
<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">As I write a draft for the CNBC investing club for our meeting on Wednesday i am mindful that the market dropped 6.7% after the last downgrade back in 2011 but it, ultimately, meant nothing and while the market kept falling for weeks you had to stay the course
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1924128885228085605?ref_src=twsrc%5Etfw">May 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Dan Niles, founder of Niles Investment Management, expects less severe market reactions this time. "Prior debt downgrades have been followed by S&amp;P drops of 8-10%," Niles noted, adding that "today, tariff rollbacks is driving a pickup in the economy &amp; the decline should be less."
Niles believes current conditions differ significantly. "Unlike in 2023 or 2011, the economic environment is improving around this debt downgrade," he wrote, citing reduced China tariffs driving trade resumption.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul class="wp-block-list">
<li>On Monday, New York Fed President John Williams and Fed Vice Chair Philip Jefferson will speak at 8:45 a.m. ET.</li>
<li>April&#8217;s U.S. leading economic indicators will be out by 10:00 a.m. ET.</li>
<li>On Tuesday, Richmond Fed President Tom Barkin will speak at 9:00 a.m., Boston Fed President Susan Collins will participate in the &#8216;Fed Listens&#8217; event at 9:30 a.m., St. Louis Fed President Alberto Musalem will speak at 1:00 p.m., and Federal Reserve Governor Adriana Kugler will speak at 5:00 p.m. ET.</li>
<li>On Wednesday, Richmond Fed President Tom Barkin and Fed Governor Michelle Bowman will take part in the &#8216;Fed Listens&#8217; event at 12:15 p.m. ET.</li>
<li>On Thursday, initial jobless claims data for the week ending May 17 will be out by 8:30 a.m. ET.</li>
<li>The S&amp;P flash U.S. services and manufacturing PMI for May will be released by 9:45 a.m. ET.</li>
<li>April&#8217;s existing home sales will be announced by 10:00 a.m. ET.</li>
<li>New York Fed President John Williams will speak at 2:00 p.m. ET.</li>
<li>On Friday, Kansas City Fed President Jeff Schmid will speak at 9:35 a.m., new home sales data for April will be out by 10:00 a.m., and Federal Reserve Governor Lisa Cook will speak at 12:00 p.m. ET.</li>
<li>On Sunday, Federal Reserve Chair Jerome Powell will deliver his commencement address at 2:40 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Trip.com Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) rose 1.11% in premarket on Monday as analysts expect it to report quarterly earnings of 86 cents per share on revenue of $1.91 billion, after the closing bell.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) dropped 1.31% as Wall Street expects it to report earnings before the opening bell. It is expected to post earnings of $1.87 per share on revenue of $1.85 billion.</li>
<li>Global Ship Lease Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) was up 0.36% as analysts expect it to report quarterly earnings of $2.31 per share on revenue of $175.23 million, before the opening bell.</li>
<li>Paychex Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>) was 0.62% lower after disclosing that its founder, Thomas Golisano, will step down from the company&#8217;s Board of Directors, effective after the board's July meeting.</li>
<li>Interactive Strength Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) jumped 15.40% after CEO Trent Ward and Sportstech CEO Ali Ahmad provided insights ahead of their first quarter earnings report, highlighting the early integration progress of TRNR&#8217;s pending acquisition of Sportstech and Wattbike.</li>
<li>Novavax Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) jumped 15% after the FDA gave its conditional approval to its COVID-19 vaccine, targeting specific populations under particular conditions.</li>
<li>Bit Origin Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) dropped 13.27% after announcing the date for its hearing to consider confirming the company&#8217;s proposed share capital reduction, which was approved by special resolution on March 14, 2025.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.53% to hover around $61.63 per barrel.
Gold Spot US Dollar rose 1.30% to hover around $3,243.83 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.80% at the 100.2840 level.
Asian markets ended lower on Monday as South Korea's Kospi, Australia's ASX 200, Japan's Nikkei 225, Hong Kong's Hang Seng, India's S&amp;P BSE Sensex, and China&#8217;s CSI 300 indices declined. European markets were also lower in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45487788/trumps-drug-price-order-hits-pbms-hardest-cvs-cigna-unh-in-focus-as-experts-highlight-racket-and-pricing-distortion">Trump&#8217;s Drug Price Order Hits PBMs Hardest: CVS, Cigna, UNH In Focus As Experts Highlight &#8216;Racket,&#8217; Pricing Distortion</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Market Summary

Futures

Economics

Pre-Market Outlook

Markets

BTOG

NVAX

NVDA

PAYX

TCOM

TRNR

US Stocks Likely To Open Lower After Moody's Downgrade: 'Bear Market Isn't Fully Recovered Yet, But It Is Close,' Says Expert

Needham analyst Ami Fadia reiterates Merus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRUS#NASDAQ">MRUS</a>) with a Buy and maintains $75 price target.

MRUS

Needham Reiterates Buy on Merus, Maintains $75 Price Target

CBAK Energy Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBAT#NASDAQ">CBAT</a>) reported quarterly losses of $(0.02) per share. This is a 118.18 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $34.94 million which missed the analyst consensus estimate of $52.16 million by 33.02 percent. This is a 40.60 percent decrease over sales of $58.82 million the same period last year.

Earnings Misses

CBAT

CBAK Energy Tech Q1 EPS $(0.02) Down From $0.11 YoY, Sales $34.94M Miss $52.16M Estimate

Needham analyst Mike Matson reiterates Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) from Hold to Hold.

Needham Reiterates Hold on Medtronicto Hold

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) will host its annual investor day on Monday, transforming the typically strategy-focused gathering into an audition for Wall Street&#8217;s most coveted leadership role as Jamie Dimon prepares to step down as CEO within the next few years.
What Happened: Dimon, who turns 70 next year and will mark his 20th year as JPMorgan&#8217;s chief executive, announced last year he would relinquish the CEO position in less than five years. The bank&#8217;s shares have surged more than 500% since he took over in 2006, <a href="https://www.wsj.com/finance/banking/jpmorgan-chase-ceo-search-annual-investor-day-985dfba6">reported</a> The Wall Street Journal.
Three frontrunners have emerged in the race to lead America&#8217;s largest bank: Marianne Lake, who runs Chase Bank and its credit-card business, and the co-heads of corporate and investment bank Doug Petno and Troy Rohrbaugh.
Lake, with her English background and accounting expertise, is widely considered the leading candidate. Known for her mastery of the bank&#8217;s financials and risk management skills, she rose through JPMorgan&#8217;s ranks after being hired from Price Waterhouse in the 1990s. Her primary challenge lies in her limited experience with corporate clients.
Petno, a former oil-and-gas banker who led JPMorgan&#8217;s commercial bank for over a decade, brings strong banking credentials but faces the task of building relationships within the newly merged investment banking division.
Rohrbaugh, despite less traditional banking experience, has transformed JPMorgan&#8217;s markets division into a revenue powerhouse and championed critical technology upgrades, the report noted.
Why It Matters: In January, JPMorgan narrowed the field when it announced COO Jennifer Piepszak <a href="https://www.benzinga.com/markets/equities/24/01/36800536/jpmorgan-ceo-shuffles-top-managers-details">had withdrawn from consideration</a>. Another key executive, Mary Erdoes, who runs asset and wealth management, plans to maintain her current role under new leadership, serving as the bank&#8217;s &#8220;client whisperer.&#8221;
&#8220;Investors want more clarity around succession planning,&#8221; said Mike Mayo, a Wells Fargo analyst. &#8220;One of the most important purposes of this event is to showcase existing and newer management talent.&#8221;
Even after stepping down as CEO, Dimon intends to remain as chairman of the board, maintaining influence over the bank he helped build into a financial juggernaut that posted a <a href="https://www.benzinga.com/25/03/44447865/jamie-dimon-reveals-he-will-remain-jpmorgans-ceo-for-few-more-years-jokes-he-wont-swear-this-time">record $54 billion profit last year</a>.
During a recent town hall in Texas, Dimon told employees he plans to remain CEO for a &#8220;few more years&#8221; before transitioning to the chairman role. He has previously turned down opportunities for a political career, citing family considerations, <a href="https://www.benzinga.com/markets/25/02/43520561/jamie-dimon-says-he-turned-down-a-shot-at-the-presidency-as-it-means-waving-goodbye-to-my-family-but-the-jpmorgan-chief-wont-rule-out-a-future-run">though he hasn&#8217;t ruled out future possibilities</a>.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45488137/general-motors-wants-to-overturn-californias-aggressive-ev-mandate-as-demand-slows-in-the-us-report">General Motors Wants To Overturn California&#8217;s EV Mandate As Demand Slows In The US: Report</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: lev radin / Shutterstock.com

Jamie Dimon's Exit Looms, Turning JPMorgan's Investor Day Into CEO Audition: Who's Leading The Race To Succeed Wall Street's Top Boss?

On Monday, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang took center stage at Computex 2025 in Taipei with <a href="https://www.benzinga.com/media/25/05/45426637/nvidia-ceo-jensen-huang-expected-to-unveil-new-ai-alliances-at-computex-2025-as-geopolitical-pressures-persist-over-tech-sector">a sweeping keynote that revealed</a> the company's aggressive roadmap to power the next era of artificial intelligence — from personal AI supercomputers to an ambitious AI infrastructure hub in Taiwan.
What Happened: Speaking to a packed Taipei Music Center, Huang was wearing his trademark leather jacket. After taking the stage, he noted that among the audience at the Taipei Music Center are "my parents."&nbsp;
Huang also openly expressed his deep affection for his homeland, Taiwan. He remarked, "Taiwan, which I have been visiting for over 30 years, is the hometown of our invaluable partner corporations. We are working together to open the AI ecosystem," he stated.
The Nvidia CEO then gave a brief description of the company's journey and growth milestones over the years. "We realize now, we're an AI infrastructure company. An infrastructure company that's essential all around the world," he stated at some point while talking about the same.
See Also: <a href="https://www.benzinga.com/media/25/05/45487329/nvidias-jensen-huang-gets-rockstar-welcome-in-taiwan-pop-up-merch-screaming-fans-and-jet-parking-drama">Nvidia&#8217;s Jensen Huang Gets Rockstar Welcome In Taiwan — Pop-Up Merch, Screaming Fans And Jet Parking Drama</a>
Key announcements included the RTX 5060 GPU alongside a new MSI laptop equipped with the same chip, the DGX Spark desktop AI workstation, and NVLink Fusion — a groundbreaking interconnect technology that lets other chipmakers integrate Nvidia's systems into their own infrastructure.
Huang also announced that Nvidia will <a href="https://www.benzinga.com/25/05/45487650/nvidia-tsmc-and-apple-supplier-foxconn-partner-to-develop-taiwan-ai-supercomputer">develop AI infrastructure for a large-scale</a> supercomputing ecosystem in collaboration with Foxconn, Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), and Taiwan's National Science and Technology Council, or NSTC.
The CEO also introduced Nvidia Constellation, a new office in Taipei's Beitou district.
During his presentation, Huang also shifted focus to accelerated computing, highlighting Nvidia's CUDA-X libraries as a core part of the company&#8217;s broader ecosystem. Emphasizing that Nvidia's innovation extends beyond GPUs, he showcased platforms like Earth-2 for climate modeling and Megatron Dynamo for deep learning.
In robotics, Huang showcased the Isaac Groot platform and Newton engine, enabling robots to learn real-world navigation and human-like actions via simulation. He also revealed that Nvidia's RTX Server Pro would support DeepSeek's R1 model.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="NVIDIA CEO Jensen Huang Keynote at COMPUTEX 2025" width="500" height="281" src="https://www.youtube.com/embed/TLzna9__DnI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Why It&#8217;s Important: Nvidia is set to report its first-quarter earnings on May 28 after the market closes. Analysts, as per <a href="https://www.benzinga.com/pro/login">Benzinga Pro</a>, anticipate earnings of 89 cents per share on revenue totaling $43.07 billion.
Nvidia currently holds a consensus price target of $172.32, based on ratings from 39 analysts. The highest target, $220, was issued by Rosenblatt on Feb. 24, 2025.
The three latest updates by B of A Securities, UBS, and Seaport Global have set an average price target of $145, suggesting an implied upside of 11.07%.
Price Action: As of the time of writing, during Monday's pre-market session, Nvidia shares were down 3.57%, trading at $130.57.
According to Benzinga Edge Stock Rankings, Nvidia holds an impressive growth score of 95.02%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other top tech firms</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19045408/Screenshot-2025-05-19-at-2.24.03%E2%80%AFPM.png" alt="" class="wp-image-919465" style="width:381px;height:auto" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45486464/nvidias-quantum-pivot-chip-giant-reportedly-mulls-major-stake-in-psiquantum-amid-rising-global-interest">Nvidia&#8217;s Quantum Pivot? Jensen Huang-Led Chip Giant Reportedly Mulls Major Stake In PsiQuantum</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: jamesonwu1972 / Shutterstock.com

Tech

Jensen Huang Reveals RTX 5060, DGX Station, Nvidia Constellation And More At Computex 2025: 'We Realize Now, We're An Infrastructure AI Company'

Needham analyst Ami Fadia maintains ACADIA Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACAD#NASDAQ">ACAD</a>) with a Buy and raises the price target from $27 to $30.

ACAD

Needham Maintains Buy on ACADIA Pharmaceuticals, Raises Price Target to $30

TD Securities analyst Andrew Charles downgrades Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) from Buy to Hold and maintains the price target from $105 to $105.

Downgrades

SHAK

TD Securities Downgrades Shake Shack to Hold, Maintains Price Target to $105

Press Releases

Alpha Cognition Announces a $44 Million Exclusive Licensing Agreement for the Development and Commercialization of ZUNVEYL (benzgalantamine), an FDA-Approved Treatment for Mild-to-Moderate Alzheimer's Disease, in China

Alpha Cognition Expands Commercial and Medical Teams with Key Leadership Hires to Support the Launch of ZUNVEYL

Alpha Cognition Secures Additional U.S. Patent for ZUNVEYL (benzgalantamine) in the Treatment of Mild to Moderate Alzheimer's disease

Alpha Cognition Announces the Commercial Launch of ZUNVEYL (Benzgalantamine) for the Treatment of Mild to Moderate Alzheimer's Disease

Alpha Cognition to Report Fourth Quarter and Full Year 2024 Financial Results and Operating Overview

Alpha Cognition Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Operating Overview

Alpha Cognition Strengthens Its Leadership Team with Appointment of Robert Wills to Board of Directors and Announces Departure of Existing Director John Havens

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