Direct Digital Holdings Stock (NASDAQ: DRCT)

Dernières nouvelles pour Direct Digital Holdings (NASDAQ:DRCT) Stock

Direct Digital Holdings

Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy-side and sell-side of the digital advertising ecosystem. The company operates two reportable segments: sell-side advertising, which includes the results of Colossus Media, and buy-side advertising, which includes the results of Orange 142 and Huddled Masses. All of the company's revenues are attributed to the United States.

Direct Digital Holdings, Inc. - Class A Common Stock

Direct Digital Holdings Inc

Direct Digital Holdings Inc Warrants (03/02/2027)

MINISO Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NYSE">MNSO</a>) shares saw a rise on Tuesday following the grand opening of its &#8220;largest store&#8221; in Spain, marking a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42666929/european-debut-miniso-unveils-its-innovative-miniso-land-a-pioneering-ip-scenerio-retail-concept" rel="noreferrer noopener">significant milestone for the brand.</a>
Located in Madrid&#8217;s iconic Gran Via, this flagship store is also the first MINISO LAND store in Europe, introducing the brand&#8217;s innovative &#8220;IP theme park-style&#8221; shopping experience to the continent. This exciting concept allows customers to immerse themselves in MINISO&#8217;s popular IP collaborations, making shopping a fun and engaging event.
The new MINISO LAND store format, which first debuted in Shanghai, has generated tremendous buzz, breaking sales records in China.
The Madrid store, covering 1,100 square meters, is divided into themed zones, including Harry Potter, Stitch, and other popular IP collaborations. With more than 6,000 products, 70% of them are co-branded items featuring beloved characters from franchises such as Sanrio, Snoopy, and Disney.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/12/42668410/careful-dogecoin-your-dominance-isnt-forever-pudgy-penguins-creator-says-as-pengu-meme-coin-surges-28" rel="noreferrer noopener">Careful Dogecoin, Your Dominance Isn&#8217;t Forever, Pudgy Penguins&#8217; Creator Says As PENGU Meme Coin Surges 28%</a>
The store&#8217;s playful design also includes a blind box zone, cosmetic and fragrance areas, and unique photo spots, such as the Penpen Madrid tree-hugging design, perfect for sharing on social media.
This opening comes as MINISO continues its rapid expansion, with around 7,200 stores globally, including 260 in Europe. The Madrid flagship is the latest step in the brand&#8217;s strategy to bring its joyful and immersive shopping experience to more iconic locations worldwide.
&#8220;We&#8217;re thrilled to open a new MINISO flagship store in the heart of&nbsp;Madrid&#8217;s&nbsp;vibrant Gran Via commercial district, and to bring our MINISO LAND store format to&nbsp;Spain&nbsp;for the first time,&#8221; said&nbsp;Vincent Huang, General Manager of MINISO Overseas distributor markets and Vice President.
Price Action: MNSO shares are trading higher by 3.15% to $24.90 at last check Tuesday.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42562051/pudgy-penguins-pengu-token-extends-rally-outperforms-dogecoin-shiba-inu-on-wednesday" target="_blank" rel="noreferrer noopener">Pudgy Penguins PENGU Token Extends Rally, Outperforms Dogecoin, Shiba Inu On Wednesday</a></li>
</ul>
Photo: Courtesy of MINISO

Equities

News

Retail Sales

Markets

Movers

General

MNSO

MINISO Unveils Flagship Store in Madrid, Debuts "IP Theme Park-Style" Shopping Experience

Joby Aviation's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) short percent of float has risen 3.69% since its last report. The company recently reported that it has 75.90 million shares sold short, which is 16.57% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.25 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>Joby Aviation Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735060522_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Joby Aviation 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 Joby Aviation'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>, Joby Aviation's peer group average for short interest as a percentage of float is 8.30%, 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

JOBY

Peering Into Joby Aviation's Recent Short Interest

Piper Sandler's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) short percent of float has risen 7.2% since its last report. The company recently reported that it has 290 thousand shares sold short, which is 2.68% 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>Piper Sandler Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735060517_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Piper Sandler 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 Piper Sandler'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>, Piper Sandler's peer group average for short interest as a percentage of float is 3.05%, 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.

PIPR

Peering Into Piper Sandler's Recent Short Interest

LandBridge's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LB#NYSE">LB</a>) short percent of float has risen 58.06% since its last report. The company recently reported that it has 2.22 million shares sold short, which is 12.74% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.06 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>LandBridge Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735060512_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for LandBridge 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 LandBridge'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>, LandBridge's peer group average for short interest as a percentage of float is 2.05%, 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.

How Is The Market Feeling About LandBridge?

Stifel analyst Benjamin Nolan maintains Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) with a Buy and raises the price target from $53 to $55.

Price Target

Analyst Ratings

GLNG

Stifel Maintains Buy on Golar LNG, Raises Price Target to $55

BREA

Brera Holdings Shares Resume Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 164.1%

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>&nbsp;$98,100.74</td>
<td>+5%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$3,478.79</td>
<td>+4%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td> $196.49</td>
<td>+6%</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td>&nbsp;$2.31</td>
<td>+6.1%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.3338</td>
<td>+6.9%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.0000231</td>
<td>+6.8%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul>
<li>IntoTheBlock data shows large transaction volume increasing by 158.7%. Transactions greater than $100,000 are up from 7,495 to 10,784 in a single day. Exchanges netflows are down by 233.05%.</li>
<li>Coinglass data reports 88,733 traders were liquidated in the past 24 hours for $250.33 million.  </li>
</ul>
Notable Developments:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42667518/deribit-eyes-growth-in-asset-backed-crypto-with-pax-gold-debut">Deribit Eyes Growth In Asset-Backed Crypto With Pax Gold Debut</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42667932/did-vladimir-putin-just-ban-bitcoin-mining-in-russia-the-devil-is-in-the-details">Did Vladimir Putin Just Ban Bitcoin Mining In Russia? The Devil Is In The Details</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42665539/north-korean-hackers-suspected-presence-triggers-over-500-million-in-outflows-from-crypto-exchange">North Korean Hackers&#8217; Suspected Presence Triggers Over $500 Million In Outflows From Crypto Exchange</a></li>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42666635/blackrocks-bitcoin-etf-could-outshine-sp-500-tracking-spy-to-become-top-investment-vehicle-but-it-will-take-a-long-time-says-prominent-analyst">Blackrock&#8217;s Bitcoin ETF Could Outshine S&amp;P 500-Tracking SPY To Become Top Investment Vehicle But It Will Take A &#8216;Long&#8217; Time, Says Prominent Analyst</a></li>
</ul>
Top Gainers:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Pudgy Penguins (CRYPTO: PENGU)</td>
<td>&nbsp;$0.03587</td>
<td>+35.7%</td>
</tr>
<tr>
<td>Bitget Token (CRYPTO: )</td>
<td>&nbsp;$4.90</td>
<td>+21.9%</td>
</tr>
<tr>
<td>Virtuals Protocol (CRYPTO: VIRTUAL)</td>
<td>&nbsp;$3.13&nbsp;</td>
<td>+20.6%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Bitcoin prices are trading higher, and crypto trader Jelle has shared a straightforward strategy for navigating the market.
<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">Bull market Christmasses tend to be wild. Bull market Januaries tend to be bullish. Keep it simple. <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/Msb55w8EqN">pic.twitter.com/Msb55w8EqN</a>
&mdash; Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1871111818732798092?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, Rekt Capital <a href="https://x.com/rektcapital/status/1871577852291727666">observed</a> that Bitcoin attempted a relief rally yesterday but was rejected near recent lows. 
Today, it&#8217;s rebounding and testing former support levels, which now act as resistance. 
If resistance holds, further downside is likely. However, reclaiming these levels could signal a bullish reversal.
Trader Satoshi Flipper <a href="https://x.com/SatoshiFlipper/status/1871560106111914201">reflected</a> on Bitcoin&#8217;s recent 15% correction and altcoins dropping 25-50%. 
He questions whether this marks the local bottom or if future corrections will follow a similar pattern.
While its possible, certainty remains elusive. 
The trader wonders if history is repeating or rhyming, acknowledging it&#8217;s too early to draw conclusions. Investors can afford to wait, but traders remain cautious.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42668043/if-you-gave-your-loved-ones-a-150-bitcoin-christmas-gift-in-2022-itd-be-worth-more-than-what-an-average-american-spends-on-the-holiday-in-2024">If You Gave Your Loved Ones A $150 Bitcoin Christmas Gift In 2022, It&#8217;d Be Worth More Than What An Average American Spends On The Holiday In 2024</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

$DOGE

$ETH

$SHIB

$SOL

$XRP

Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve 'Santa Rally'

Brera Holdings Shares Halted On Circuit Breaker To The Upside, Stock Now Up 118.4%

Shares of FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) are trading lower Tuesday. The stock is continuing the downtrend that began on Dec. 19 when, after the close, the company announced earnings and said it plans to <a href="https://www.benzinga.com/24/12/42623222/whats-going-on-with-fedex-stock-friday">separate its Freight Unit.</a>
The chart of FedEx shows some classic examples of what traders refer to as &#8220;bad action.&#8221; This is why our team of technical analysts has made it our Stock of the Day.
Action is something that can't be quantified. For example, if a company beats earnings and the stock moves down, it would be considered &#8220;bad action.&#8221; If a company misses earnings and the stock goes up it could be considered &#8220;good action.&#8221;
On Dec. 20, FedEx stock opened about $20 higher than the previous day's close. Traders and investors thought the news and earnings were bullish.
But by the close, the sellers overpowered the buyers. The shares reversed and gave back all of their gains. This was &#8220;weak action&#8221; that showed the bears were in charge.
Read Also: <a href="https://www.benzinga.com/news/large-cap/24/12/42668623/american-airlines-resolves-nationwide-flight-grounding-on-christmas-eve-shares-rebound-after-brief-selloff">American Airlines Lifts Christmas Eve Grounding, Shares Bounce Back</a>
As you can see on the chart, FedEx broke the support that was at the $275 level. This was another example of &#8220;bad action.&#8221;
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="554" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24115534/fdx-1024x554.png" alt="" class="wp-image-706297" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24115534/fdx-1024x554.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24115534/fdx-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24115534/fdx-768x415.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24115534/fdx.png 1488w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
There tends to be support at prices that have been resistance. This happens because some people who sold at the resistance regretted doing so when the price eventually moved higher. They decide they will buy their shares back at the same price they were sold for if they can.
So, when the stock fell back to $275, they placed buy orders. This concentration of buy orders caused support to form.
But the support was only intact for 3 days. There were more sell orders than buy orders, which made the support break and resulted in another move lower.
The fact that there has been no rebound or bounce back is a third sign of &#8220;bad action.&#8221;
Typically, if a stock makes a large move lower, it is followed by some rebound or bounce, even though it may be small. If this doesn't happen, it shows that buyers are not entering the market, and the sellers are still in charge.
There is a good chance FedEx continues to head lower.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/12/42671446/the-worlds-most-valuable-neurotech-company-builds-an-alarm-system-for-your-brain">The World&#8217;s Most Valuable Neurotech Company Builds an Alarm System for Your Brain</a></li>
</ul>
Photo: Shutterstock

Technicals

Stock Of The Day: FedEx Shows 'Bad Action' As Support Crumbles

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 200 points on Tuesday.
The Dow traded up 0.53% to 43,132.84 while the NASDAQ climbed 1.05% to 19,972.38. The S&amp;P 500 also rose, gaining, 0.78% to 6,020.96.
Check This Out: <a href="https://www.benzinga.com/24/12/42669200/wall-streets-most-accurate-analysts-give-their-take-on-3-utilities-stocks-with-over-4-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields</a>
Leading and Lagging Sectors Consumer discretionary shares jumped by 1.8% on Tuesday.
In trading on Tuesday, health care shares rose by just 0.1%.
Top Headline
The composite manufacturing index in the U.S. Fifth District increased to -10 in December compared to a reading of -14 in the previous month.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Greenfire Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFR#NYSE">GFR</a>) shares shot up 13% to $7.00 after Waterous Energy Fund acquired 9,311,424 common shares and 2,654,179 common share purchase warrants of the company.</li>
<li>Shares of Carbon Revolution Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREV#NASDAQ">CREV</a>)got a boost, surging 103% to $7.87 after the company announced it has reached an agreement with OIC for a further $25 million in financing to support the ongoing liquidity of the business.</li>
<li>Jet.AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares were also up, gaining 73% to $5.91 after the company announced it launched &#8220;Ava&#8221; an agentic AI model for private jet booking.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Canoo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) shares dropped 8% to $1.4606.</li>
<li>Shares of Limoneira Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) were down 8% to $24.80 after reporting fourth-quarter results.</li>
<li>Rigel Pharmaceuticals, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIGL#NASDAQ">RIGL</a>) was down, falling 7% to $16.00.</li>
</ul>
Commodities In commodity news, oil traded up 1.5% to $70.28 while gold traded up 0.1% at $2,630.20.
Silver traded up 0.1% to $30.205 on Monday, while copper rose 0.6% to $4.1085.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.17%, Germany's DAX fell 0.18% and France's CAC 40 rose 0.14%. Spain's IBEX 35 Index rose 0.33%, while London's FTSE 100 rose 0.42%.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 falling 0.32%, Hong Kong's Hang Seng Index gaining 1.08%, China's Shanghai Composite Index gaining 1.26% and India's BSE Sensex falling 0.09%.
Economics
<ul>
<li>U.S. Redbook index increased 5.9% year-over-year in the latest week, following a prior reading of 4.8% gain.</li>
<li>The composite manufacturing index in the U.S. Fifth District increased to -10 in December compared to a reading of -14 in the previous month.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42669068/how-to-earn-500-a-month-from-apple-stock">How To Earn $500 A Month From Apple Stock</a></li>
</ul>

Earnings

Eurozone

Commodities

Intraday Update

CREV

GOEV

JTAI

LMNR

RIGL

Dow Jumps Over 200 Points, Crude Oil Gains 1.5%

Meta Description: Amazon founder and tech titan Jeff Bezos saved nearly $1 billion in state taxes by relocating from Seattle to his billionaire bunker in Florida.
For most people, deciding where to live comes down to factors like affordability and access to employment. Then again, billionaires like<a href="https://www.benzinga.com/insights/analyst-ratings/24/12/42300654/navigating-50-analyst-ratings-for-amazon-com"> Amazon</a> founder Jeff Bezos aren't most people. Although Bezos has the money to live wherever he wants, many people suspect finances played a role in his decision to relocate to the infamous "billionaire bunker" in 2024. Keep reading to learn why that move may have saved<a href="https://www.benzinga.com/news/24/11/42254596/jeff-bezos-acts-like-he-owns-the-elite-neighborhood-he-lives-in-but-residents-say-hes-not-much-of-a-neighbor"> Jeff Bezos</a> almost $1 billion in taxes.
Like many billionaires, Jeff Bezos' life has become the subject of intense public speculation. Almost every move Bezos makes becomes news and his announcement in late 2023 that he would relocate to Florida is no exception. Bezos announced the move on his Instagram page, listing several motivating factors, including being closer to his parents and his fledgling aerospace company, Blue Origin.
Don't Miss:
<ul>
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<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/go/arrived-private-credit-yf">7-9% target yield with monthly dividends would you invest in it</a>?</li>
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Bezos moved from Seattle, where he had lived for many years, to Indian Creek Village in early 2024. Indian Creek Village is an exclusive community outside of Miami known as the "billionaire bunker." Business Insider describes this as more than just a swanky gated community. It is its own city, with only 89 residents and a police department whose sole job is keeping nonresidents out.
Indian Creek Village is a private island and the only way in is to cross a bridge patrolled by its Police Department. The same department has a fleet of boats and aggressively patrols the surrounding waters. Even Before Bezos moved in, Indian Creek Village was home to an ultraexclusive crowd that included Tom Brady, Ivanka Trump and Carl Icahn. It's even rumored that the Emir of Qatar has a place there.
See Also: Unlock the hidden potential of commercial real estate —<a href="https://equitymultiple.com/benzinga?invite=benzinga&amp;utm_campaign=product-promotion-earn&amp;utm_source=yahooFinance&amp;utm_medium=affiliate&amp;utm_content=unlockboost-yahoo"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
This explains why most of the media attention revolved around the sheer size of Bezos' acquisitions. He didn't just buy one place on the island; he bought three. According to an article in the Robb Report, Bezos spent almost $250 million on them. Ownership of the three properties gives Bezos control over 7.5% of Indian Creek Village's 40 residences.
It's not hard to imagine why Indian Creek Village's combination of exclusivity and privacy would appeal to someone like Jeff Bezos. However, astute financial observers began to speculate on another reason for Bezos' abrupt move from Washington to Florida. Forbes magazine has reported that Bezos has sold nearly $13.6 billion in Amazon stock since moving to Indian Creek Village.
Washington&#8217;s capital gains tax law taxes capital gains over $250,000 at 7%. Florida, by contrast, doesn't tax income or capital gains. Forbes estimates Bezos would have owed about $954 million to the state of Washington if he had still been living in Seattle when he sold his Amazon stock. Looking at it that way, spending $250 million on property saved Jeff Bezos $700 million.
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<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=jeffbezos100"> Here&#8217;s how you can earn passive income with just $100.</a></li>
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Real Estate

How Jeff Bezos Knocked $1 Billion Off His Tax Bill By Moving To His Infamous "Billionaire Bunker"

In the current session, TotalEnergies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) is trading at $54.07, after a 0.35% drop. Over the past month, the stock fell by 6.03%, and in the past year, by 20.89%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1735059607_0.png" alt="Past Year Chart" />

<h3>Evaluating TotalEnergies P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 13.72 in the Oil, Gas &amp; Consumable Fuels industry, TotalEnergies Inc. has a lower P/E ratio of 7.65. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1735059607_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

P/E Ratio Insights for TotalEnergies

IRBT

Watching iRobot; Shares See A Pop To The Upside As Traders Circulate Popular Stock Trader X Account Suggesting They Have Bought Shares

Achilles Therapeutics plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACHL#NASDAQ">ACHL</a>) shares are trading higher on Tuesday after the company announced a $12 million deal with AstraZeneca PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42669546/achilles-therapeutics-announces-sale-of-technology-assets-to-astrazeneca" rel="noreferrer noopener">and plans to cut jobs.</a>
The agreement involves the transfer of the commercial license for data and tumor samples from Achilles&#8217; TRACERx Non-Small Cell Lung Cancer (NSCLC) study to AstraZeneca.
The million deal signals the conclusion of Achilles&#8217; strategic review, which was announced in September 2024.
In the wake of the deal&#8217;s completion, Achilles also rvealed plans to reduce its employee headcount and trim its Board of Directors, while staying compliant with Nasdaq and SEC requirements.
&#8220;Achilles now plans to undertake additional measures, including a further reduction in employee headcount and a decrease in the size of its Board of Directors, while remaining compliant with Nasdaq and SEC requirements,&#8221; the company noted.
Also Read: <a href="https://www.benzinga.com/news/large-cap/24/12/42668623/american-airlines-resolves-nationwide-flight-grounding-on-christmas-eve-shares-rebound-after-brief-selloff">American Airlines Lifts Christmas Eve Grounding, Shares Bounce Back</a>
TRACERx, a study led by Professor Charles Swanton at University College London (UCL), has collected extensive genetic data from over 3,200 tumor samples from more than 800 lung cancer patients.
This multi-region, multi-time-point sequencing offers deep insights into cancer evolution and treatment responses.
As part of the deal, AstraZeneca will also take over Achilles&#8217; Material Acquisition Platform (MAP), which houses tumor samples and data collected from nearly 300 cancer patients across various solid tumor indications such as lung, melanoma and breast cancer.
&#8220;We are pleased that as a leader in Oncology, AstraZeneca recognizes the scientific value of our TRACERx and MAP assets,&#8221; said Dr. Iraj Ali, CEO of Achilles Therapeutics.
The company believes these assets have significant potential to aid in developing improved cancer therapies.
Price Action: ACHL shares are trading higher by 7.01% to $1.050 at last check Tuesday.
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Photo by Johaehn from Pixabay

ACHL

Achilles Therapeutics Announces $12M AstraZeneca Deal, Plans Job Cuts

Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares are hitting new highs on Tuesday. Here&#8217;s a look at <a href="https://www.benzinga.com/markets/equities/24/12/42668157/stanley-druckenmiller-dumps-streets-hottest-ai-stocks-heres-what-the-billionaire-investor-is-betting-on-next">what&#8217;s going on</a>. 
What To Know: Palantir shares are up more than 380% since the start of the year, driven largely by the company&#8217;s positioning in the AI space. 
The rally in Palantir shares accelerated at the beginning of November after the company reported&nbsp;<a href="https://www.benzinga.com/news/earnings/24/11/41730179/palantir-q3-earnings-revenue-beat-eps-beat-customers-up-39-raises-guidance-results-driven-by-unrele" target="_blank" rel="noreferrer noopener">strong quarterly results</a>&nbsp;driven by&nbsp;&#8220;unrelenting&#8221; AI demand.&nbsp;
Revenue jumped 30% year-over-year on continued strength in the U.S. and customer count grew 39% after the company closed 104 deals worth over $1 million during the quarter.
&#8220;The growth of our business is accelerating, and our financial performance is exceeding expectations as we meet an unwavering demand for the most advanced artificial intelligence technologies from our U.S. government and commercial customers,"&nbsp;Alex Karp, co-founder and CEO of Palantir, said in a letter to shareholders last month.
Check This Out: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42671903/investors-aggressively-bought-stocks-etfs-despite-fed-volatile-week-bank-of-america-reveals-largest-inflows-since-2017">Investors Aggressively Bought Stocks, ETFs In Volatile Fed Week: Bank Of America Reveals Largest Inflows Since 2017</a>
Over the weekend, the Financial Times <a href="https://www.ft.com/content/6cfdfe2b-6872-4963-bde8-dc6c43be5093">reported</a> that Palantir and defense technology company Anduril are communicating with several competitors about the potential of forming a consortium to make a joint bid on U.S. government contracts.
The report indicates that SpaceX and OpenAI are among the companies in talks to join. The group is planning to announce itself publicly as soon as January, people with knowledge of the matter said. 
"We are working together to provide a new generation of defense contractors," one person involved in organizing the group reportedly said. 
The Financial Times further reported that tie-ups between some tech groups expected to be involved with the consortium have already started. Palantir&#8217;s AI platform was integrated with Anduril&#8217;s autonomous software earlier this month and Anduril has linked its counter-drone systems with OpenAI models.
Palantir announced last week that it extended its long-standing partnership with the U.S. Army&nbsp;through 2028. The four-year agreement extension is valued at more than $400 million and has a total available ceiling of approximately $619 million. 
By leveraging Palantir&#8217;s software, the U.S. Army is able to create AI-enabled data solutions to analyze information from multiple data sources, enabling operational efficiencies and optimizing business processes.
PLTR Price Action: <a href="http://benzinga.com/quote/pltr">Palantir shares </a>were trading at all-time highs at last check. The stock was up 1.31% at $81.79 at the time of publication Tuesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

PLTR

Palantir Stock Is Trading At All-Time Highs: What's Going On?

The Biden administration withdrew two major student loan forgiveness plans Friday, just weeks before President-elect Donald Trump returns to the White House. Here's a look at what it means for borrowers and student <a href="https://www.benzinga.com/markets/equities/24/12/42635567/biden-student-loan-forgiveness-tops-180-billion-with-latest-relief">loan service providers.</a> 
The Details: The Education Department posted notices in the Federal Register that it was withdrawing two proposals that could have reduced student loan debt for millions of borrowers, including those with financial hardship and those who have been in repayment for years, CNBC reported. 
Read Next: <a href="https://www.benzinga.com/news/24/12/42669113/waymos-autonomous-vehicles-are-safer-than-human-drivers-report">Waymo&#8217;s Autonomous Vehicles Are Safer Than Human Drivers: Report</a>
The department wrote that it was withdrawing the proposed rules due to "operational challenges in implementing the proposals." It also said it would focus its resources on "helping at-risk borrowers return to repayment successfully" as the administration prepares to leave office in the next month.&nbsp;
"The Biden administration knew that the proposals for broad student loan forgiveness would have been thwarted by the Trump administration," higher education expert Mark Kantrowitz<a href="https://www.cnbc.com/2024/12/23/student-loan-forgiveness-plans-withdrawn-by-biden-administration.html"> told</a> CNBC.&nbsp;
What Else: Also on Friday, the Department of Education announced another $4.28 billion in<a href="https://www.ed.gov/about/news/press-release/biden-harris-administration-approves-additional-428-billion-student-debt-relief-nearly-55000-public-service-workers-0"> loan forgiveness</a> for nearly<a href="https://www.benzinga.com/topic/student-debt"> 55,000 public service workers</a> which brought the total amount of student loan forgiveness under the Biden administration to $180 billion.
Education Secretary Miguel Cardona emphasized the administration's commitment to student loan relief for public service workers in a statement Friday. 
"Four years ago, the Biden-Harris Administration made a pledge to America&#8217;s teachers, service members, nurses, first responders, and other public servants that we would fix the broken Public Service Loan Forgiveness Program, and I&#8217;m proud to say that we delivered," Cardona said.
Loan Servicers: The administration's withdrawal of the additional loan forgiveness proposals is potentially a positive development for student loan providers including SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), Navient Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAVI#NASDAQ">NAVI</a>) and SLM Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>)&nbsp;
Student loan providers would have lost revenue if Biden's student loan forgiveness plans had gone through. 
Additionally, the rollout of forgiveness programs often requires servicers to update systems, retrain staff and manage complex transitions, all of which would increase expenses.
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Image: Shutterstock.

Government

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NAVI

SOFI

Biden Dumps Student Loan Forgiveness Plans: What It Means For Borrowers, Loan Providers Like SoFi

Carmell Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTCX#NASDAQ">CTCX</a>) shares are trading higher after it entered into a securities purchase agreement <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42668635/carmell-announces-pipe-investment-from-existing-and-new-investors-to-support-commercial-build-out" rel="noreferrer noopener">with new and existing investors</a>.
The agreement involves the issuance and sale of 8,065,210 shares of common stock and an equal number of five-year warrants, both priced at $0.23 per share, in a private placement.
The transaction is expected to generate gross proceeds of $1.85 million before offering expenses and fees.
If the warrants are exercised, Carmell could receive an additional $1.85 million.
The Private Placement was priced slightly above CTCX&#8217;s closing price on Dec. 23, 2024.
Following the closing of the Private Placement, Carmell Corporation will have approximately 29 million shares of common stock outstanding.
The warrants can be exercised starting the trading day after the Stockholder Approval Date and continue until the fifth anniversary of the warrant issue date.
The warrants allow for the purchase of up to 8.1 million shares of Carmell&#8217;s common stock at an exercise price of $0.23 per share.
The closing of the Private Placement is subject to customary conditions.
Price Action: CTCX shares are up 20% at $0.27 at last check Tuesday.
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Photo: Shutterstock

Financing

Small Cap

CTCX

Why Biotechnology Company Carmell Shares Are Seeing Blue Skies Tuesday?

Agilent Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) has outperformed the market over the past 10 years by 1.41% on an annualized basis producing an average annual return of 12.59%. Currently, Agilent Technologies has a market capitalization of $38.44 billion. 
Buying $100 In A: If an investor had bought $100 of A stock 10 years ago, it would be worth $327.79 today based on a price of $134.60 for A at the time of writing.
<h3>Agilent Technologies's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735058734_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Agilent Technologies Stock In The Last 10 Years

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Vertical Aerospace shares are trading higher. The company announced it has finalized an investment agreement for up to $50M in new funding.

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Direct Digital Holdings spikes on high-volume move

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