L'intérêt à découvert pour Global X FinTech ETF donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de Global X FinTech ETF. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

Global X FinTech ETF (NASDAQ:FINX), Rapport sur les intérêts à découvert

Technology

Financial Services

Industrials

Healthcare

Consumer Cyclical

Energy

Other

The Fund invests at least 80 percent of its total assets in the securities of the Indxx Global Fintech Thematic Index (Underlying Index). The Fund's 80 percent investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Fund may lend securities representing up to one-third of the value of the Funds total assets (including the value of the collateral received).

Fidelity National Information Services Inc

Fiserv Inc

Paypal Holdings Inc

Intuit, Inc.

Ss&C Technologies Holdings Inc.

Coinbase Global, Inc.

Block Inc

Adyen Nv

Xero Ltd

Global Payments Inc.

Toast, Inc.

Guidewire Software Inc

Affirm Inc

Global X FinTech ETF

Finxflo

Moog Inc. Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOG#NYSE">MOG</a>) reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.77 by 8.47 percent. This is a 12.33 percent decrease over earnings of $2.19 per share from the same period last year. The company reported quarterly sales of $934.84 million which beat the analyst consensus estimate of $904.24 million by 3.38 percent. This is a 0.49 percent increase over sales of $930.30 million the same period last year.

Earnings

Earnings Beats

News

MOG/A

Moog Inc. Class A Common Stock Q2 Adj. EPS $1.92 Beats $1.77 Estimate, Sales $934.84M Beat $904.24M Estimate

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) should be viewed as an asset <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44985399/bitcoins-bull-case-strengthens-as-it-trades-more-like-gold-less-like-nasdaq-commentator-says">uncorrelated to U.S. tech assets</a> over the long term, according to Jay Jacobs, U.S. Head of Equity ETFs at BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>).
What Happened: Speaking in an <a href="https://www.youtube.com/watch?v=GLSEVOQZSsk">interview</a> with CNBC on Thursday, Jacobs emphasized that Bitcoin's performance is being driven by different macroeconomic forces than traditional equities.
"The long-term correlation between U.S. stocks and Bitcoin is more like 0.2 or 0.3," he said. "It's a lowly correlated asset."
Jacobs explained that while short-term volatility may cause different assets to move in sync, Bitcoin has shown a tendency to behave differently over time, particularly during periods of global instability. 
"Bitcoin thrives when you have more uncertainty and are looking for something that's going to behave differently," he said.
He added that prolonged macro uncertainty, including unresolved tariff disputes and shifting global trade policies, could weaken traditional assets like stocks, bonds and the U.S. dollar.
"If this is the trajectory of greater uncertainty around the world, things like gold and Bitcoin should continue to go up," Jacobs said. "People are looking for those assets that will behave differently."
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45003759/arks-bitcoin-bear-case-is-300000-by-2030-whats-the-bull-case">ARK&#8217;s Bitcoin &#8216;Bear Case&#8217; Is $300,000 By 2030—What&#8217;s The Bull Case?</a>
Why It Matters: Jacobs linked this movement to what BlackRock describes as "mega forces" reshaping global markets—including geopolitical fragmentation.
"That was the first time we really identified geopolitical fragmentation as a mega force driving the world forward over the next several decades," he said, referencing BlackRock's 2023 thematic investing framework.
Jacobs also noted the long-standing shift by central banks and sovereign players away from dollar reserves toward gold—and increasingly toward Bitcoin, as a trend years in the making. 
"This switch from just holding dollars to holding gold to looking at other types of assets like Bitcoin is a trend that's been years in the making," he said.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44992375/if-bitcoin-breaks-100k-this-ceo-will-gladly-admit-being-wrong-about-a-bear-market">If Bitcoin Breaks $100K, This CEO Will &#8216;Gladly Admit&#8217; Being Wrong About A Bear Market</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

Bitcoin Fundamentally Decoupled From US Tech Stocks, BlackRock's Jay Jacobs Says

WIIM

MGRX

MGRX stock has given up its prior gain. Mangoceuticals shares were trading higher after the company entered an Intellectual Property Purchase Agreement for IP and assets of Smokeless Technology Corp.

The U.S. retail sector is facing potential shortages in key consumer product areas as the ongoing trade war with China leads to a decrease in manufacturing orders and freight bookings, pushing the national supply chain towards a critical point.
What Happened: The U.S. supply chain is nearing a tipping point due to&nbsp;a decline in manufacturing orders&nbsp;and freight vessel bookings from China. Apparel and footwear, sectors heavily dependent on Chinese imports, are particularly at risk. In 2024, China accounted for&nbsp;37% of all U.S. apparel&nbsp;imports and&nbsp;58% of all U.S. footwear&nbsp;imports. The sudden implementation of tariffs left companies with little time to adjust their sourcing strategies, <a href="https://www.cnbc.com/2025/04/24/unsustainable-china-trade-war-retail-shortage-warnings.html">reported </a>CNBC. 
Companies are bracing for a range of impacts, including price increases and wary consumers. Orders for high-value items have spiked in anticipation of price hikes. Supply chain experts predict that lower-end stores, which rely on low-cost imports, will feel the effects of the tariffs most acutely, especially if they maintain lean inventory levels.
Supply chain expert Casey&nbsp;Armstrong predicts&nbsp;the first signs of empty&nbsp;shelves in areas dominated by price-sensitive imports, such as toys, games, back-to-school items, budget home goods, and apparel. He also expects shortages in fast fashion and apparel items, low-cost home goods, and consumer electronics supply like phones, earbuds. 
"These are the canaries in the coal mine of a disrupted supply chain," Armstrong told CNBC.
Meanwhile, Jonathan Gold from the National Retail Federation stated, "The uncertainty around the tariffs is challenging for businesses, especially for small businesses that are currently preparing for critical winter holiday orders."
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/04/45003790/mark-cuban-slams-amazon-for-ripping-off-american-sellers-as-tariffs-are-predicted-to-boost-ecommerce-brands-profi" target="_blank" rel="noreferrer noopener">Mark Cuban Slams Amazon For &#8216;Ripping Off American Sellers&#8217; As Trump Tariffs Are Predicted To Boost Ecommerce Brands&#8217; Profits</a>
Why It Matters: The potential retail shortages come in the wake of President Donald Trump&#8216;s <a href="https://www.benzinga.com/government/regulations/25/04/44977395/trump-backs-off-firing-powell-after-walmart-target-ceos-warn-him-of-empty-store-shelves">softened </a>stance on his trade war with China, following warnings from top retailers about the risk of empty shelves. Earlier this week, CEOs of major retailers like Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>), and Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) met with Trump and warned him of the tightening supply lines due to his trade policies.
Earlier in April, Trump&#8217;s decision to end de minimis exemptions had already put <a href="https://www.benzinga.com/markets/25/04/44640798/trump-ends-de-minimis-exemptions-shopify-bigcommerce-and-lightspeed-face-new-headwinds">e-commerce</a> platforms such as&nbsp;Shopify Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>),&nbsp;Bigcommerce Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIGC#NASDAQ">BIGC</a>), and&nbsp;Lightspeed Commerce Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LSPD#NYSE">LSPD</a>) under pressure, making them &#8216;most exposed&#8217; to the ongoing trade tensions.
The looming retail shortages underline the far-reaching impacts of the U.S.-China trade war, affecting not just manufacturing and merchandise but also software and service providers.
SPDR S&amp;P Retail ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XRT#NYSE">XRT</a>) declined nearly 3% over the past month while VanEck Retail ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTH#NASDAQ">RTH</a>) edged 0.8% lower, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/04/44999320/japans-counterpunch-to-trump-tariffs-emergency-measures-deployed-as-us-trade-talks-loom" target="_blank" rel="noreferrer noopener">Japan&#8217;s Counterpunch To Trump Tariffs: Emergency Measures Deployed As US Trade Talks Loom</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

BIGC

LSPD

Merrill Lynch Retail HOLDRS Trust due 12/31/41

SHOP

Shoes, Toys, Apparel And Earbuds May Disappear From Shelves First As US-China Trade War Disrupts Supply Chains, Retail Experts Warn

Tompkins Finl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TMP#AMEX">TMP</a>) reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.31 by 4.58 percent. This is a 16.1 percent increase over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $81.69 million which beat the analyst consensus estimate of $79.38 million by 2.92 percent. This is a 12.20 percent increase over sales of $72.81 million the same period last year.

Tompkins Finl Q1 EPS $1.37 Beats $1.31 Estimate, Sales $81.69M Beat $79.38M Estimate

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) CEO Lip-Bu Tan said Thursday that he met with Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) to explore a partnership as the former struggled to ramp up <a target="_blank" href="https://www.benzinga.com/topic/chip-stocks" rel="noreferrer noopener">its foundry business</a>.
Tan hinted at his plans to boost the struggling chipmaker&#8217;s prospects by fostering a return to the office mandate and focusing on core engineering work, Reuters cites from an investor meeting.
The chipmaker plans to reduce operational expenses to $17 billion in 2025 and $16 billion in 2026 while cutting its 2025 capital expenditure target from $20 billion to $18 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/44990084/taiwan-semiconductor-to-begin-production-of-14-nm-chips-in-2028-enhancing-ai-and-smartphone-performance" rel="noreferrer noopener">Taiwan Semiconductor To Begin Production Of Advanced 1.4nm Chips In 2028</a>
On Thursday, Intel reported <a target="_blank" href="https://www.benzinga.com/markets/equities/25/04/45001410/intel-ceo-lip-bu-tan-takes-bold-steps-to-revive-chipmaker-says-bureaucracy-is-suffocating-the-innovation" rel="noreferrer noopener">first-quarter revenue</a> of $12.67 billion, surpassing analyst expectations of $12.3 billion. Adjusted earnings of 13 cents per share topped the projected 1 cent. However, Intel forecasts second-quarter revenue between $11.2 billion and $12.4 billion, below the $12.84 billion analysts expected.
Reuters cited CFO David Zinsner during the investor meeting as saying tariff concerns prompted customers to hoard Intel chips, boosting sales in the first quarter. However, the company, unable to determine the tariff concerns induced surplus, expects the second quarter to suffer.
Zinsner said the very fluid trade policies in the U.S. and beyond and regulatory risks have increased the chance of an economic slowdown with the probability of a recession growing.
China imports $10 billion worth of chips from the U.S. annually. About $8 billion of these are central processing units (CPUs) assembled by Intel in the U.S., Reuters cited Bernstein analysts.
Intel stock plunged 38% in the last 12 months as it <a target="_blank" href="https://www.benzinga.com/25/04/44792707/intel-stock-surges-5-on-potential-altera-sale-trumps-tariff-relief-provides-added-boost" rel="noreferrer noopener">failed to capitalize</a> on the shift to artificial intelligence accelerators, similar to those of&nbsp;Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;and&nbsp;Taiwan Semiconductor.
Intel fired its chief&nbsp;Pat Gelsinger&nbsp;in 2024 after his turnaround plan to take on Taiwan Semiconductor failed to impress the board.
Intel <a target="_blank" href="https://www.benzinga.com/25/01/42826372/intel-struggles-to-compete-with-amd-and-nvidia-in-data-centers-and-ai-chips" rel="noreferrer noopener">struggled as rivals</a> Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Nvidia captured market share in data centers, AI, and GPUs, impacting profitability.
Intel reportedly tapped Taiwan Semiconductor <a target="_blank" href="https://www.benzinga.com/media/25/04/44962945/intel-taps-taiwan-semiconductor-for-advanced-2nm-process-for-ai-powered-chips-report" rel="noreferrer noopener">for a 2nm process</a> to manufacture Nova Lake PC chips, which are expected to be available in 2026.
Recently, Taiwan Semiconductor&nbsp;told Bloomberg that&nbsp;it had not&nbsp;discussed forming a venture or sharing its technology with any company, dismissing speculation of a possible collaboration with Intel.
Price Actions:&nbsp;At the last check Friday, INTC stock was down 8.05% to $19.77 premarket.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/04/44978860/stmicro-calls-out-bottom-in-q1-forecasts-q2-rebound-focusing-on-cost-cuts" target="_blank" rel="noreferrer noopener">STMicro Calls Out Bottom In Q1, Forecasts Q2 Rebound Focusing On Cost Cuts</a></li>
</ul>
Photo Courtesy: Tada Images On Shutterstock.com

Tech

Media

INTC

NVDA

Intel Weighs Taiwan Semiconductor Partnership To Boost Chip Game

Even after a powerful rebound after the early-April tariff-driven selloff, Bank of America&#8217;s chief investment strategist Michael Harnett says the case for a lasting bull market still depends on a rare trio of conditions that remains out <a href="https://www.benzinga.com/topic/expert-ideas">of reach for now.</a>
In his regular &#8220;The Flow Show&#8221; report, titled &#8220;Stay BIG, sell rips&#8221; and shared Friday, the renowned contrarian strategist said he remains a buyer of dips in bonds, international stocks and gold — forming the acronym BIG — while selling into rallies in U.S. stocks and the dollar.
&#8220;If no recession, equity lows are in, simple; but can&#8217;t jump back on bull&nbsp;unless&nbsp;Treasury yields&nbsp;falling below&nbsp;4%, and&nbsp;earnings growth&nbsp;stays above&nbsp;5%&#8221; Hartnett said.
<h2 class="wp-block-heading">Are Stocks Still Oversold?</h2>
Despite the recent rebound, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) remains 12% below its all-time highs reached in February. 
Market internals tell a grimmer story: Harnett said that 304 stocks in the S&amp;P 500 and 58 in the Nasdaq 100 are still trading below their 2021-22 highs.
This broad-based weakness highlights what Harnett described as a &#8220;remarkable flip from &#8216;U.S. exceptionalism&#8217; hubris to &#8216;U.S. repudiation.'&#8221;
Technically, only one-third of stocks in the S&amp;P 500 and Nasdaq 100 are trading above their 200-day moving averages, suggesting the damage from the April selloff runs deep across sectors.
<h2 class="wp-block-heading">Three Catalysts Needed For A Sustainable Rally</h2>
For a sustained bull market to materialize, Harnett identified three essential conditions: lower Treasury yields driven by Fed cuts, a meaningful reduction in U.S.-China tariffs, and a robust American consumer.
On monetary policy, the strategist pointed to shifting expectations around rate cuts. Market-implied probabilities show just an 8% chance of a cut at the May 7 Federal Open Market Committee meeting, rising to 65% by June 18 and reaching 100% by July 30.
Regarding trade, Harnett said a minimum requirement would be a U.S.-China peace deal that slashes current tariffs—now standing at 145%—to levels well below the 60% range promised during Donald Trump&#8216;s election campaign.
On the consumer side, Harnett cited immigration data showing Southwest border encounters falling to 11,000 per month in February and March from an average of over 100,000 per month in 2024, and a peak of 300,000 in December 2023. This decline could bolster a tight labor market, supporting consumer spending.
Yet headwinds remain strong. U.S. household equity wealth is down $6 trillion year-to-date, Bank of America data show, putting pressure on the top 10% of earners who account for 50% of U.S. consumer spending—the highest concentration since 1989.
Harnett highlighted that the relative performance of Ferrari N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>) compared to Dollar General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) is at its lowest in nine months. This signals a broader trend of investors rotating away from luxury and discretionary sectors toward more necessity-driven, defensive stocks.
Inflation expectations, meanwhile, have surged to levels not seen since 1981, threatening to lift household savings rates and curb spending.
<h2 class="wp-block-heading">A New Era For Stock Valuations?</h2>
Zooming out, Harnett said 2025 could mark a pivotal turning point for stock valuation. After years of ultra-low rates, massive fiscal stimulus, and booming asset prices, a &#8220;new world order&#8221; on valuations may now emerge.
Historically, the average price-to-earnings ratio (P/E) for the S&amp;P 500 was 14x in the 20th century and 20x in the 21st century. In recent years, 20x acted as a floor thanks to globalization, technology advances and the AI boom.
&#8220;In December 2024, $18tn market cap of&nbsp;Magnificent 7&nbsp;was almost on par with&nbsp;$20tn GDP of G7&nbsp;economies&nbsp;ex-USA,&#8221; Hartnett said. 
Going forward, Harnett said 20x could become the ceiling for valuations, citing the reversal of globalization, diminished Fed independence, and a new inflation normal of 3%-4% outside of recessions.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/45003860/us-stock-futures-mixed-after-three-day-winning-streak-expert-dismisses-market-pessimism-says-this-isnt-stuff-you-see-in-bear-market">US Stock Futures Mixed After Three-Day Winning Streak: Expert Dismisses Market Pessimism, Says &#8216;This Isn&#8217;t Stuff You See In Bear Market&#8217;</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Equities

Large Cap

Broad U.S. Equity ETFs

Econ #s

Economics

Federal Reserve

Analyst Ratings

ETFs

RACE

'Stay BIG, Sell Rips': Hartnett Doubts Bull Market Without 3 Key Catalysts

Piper Sandler analyst Thomas Champion maintains Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Overweight and raises the price target from $185 to $195.

Price Target

GOOGL

Piper Sandler Maintains Overweight on Alphabet, Raises Price Target to $195

Correction: Needham analyst Ryan Koontz initiates coverage on Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) with a Buy rating and announces Price Target of $28. (Rating change from Reiterate to initiate)

Initiation

RKLB

Correction: Needham Initiates Coverage On Rocket Lab USA with Buy Rating, Announces Price Target of $28 (Rating change from Reiterate to initiate)

AVTR

Avantor shares are trading lower following a Q1 revenue miss and a CEO transition.

Centene Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) reported on Friday that its first-quarter&nbsp;2025 sales were&nbsp;$46.62 billion, up 15% year-over-year, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus of&nbsp;$43.36 billion</a>.
The insurance firm reported adjusted EPS of $2.90, up 28%, beating the consensus of $2.54.
For the first quarter of 2025, premium and service revenues increased 17% to&nbsp;$42.5 billion&nbsp;from&nbsp;$36.3 billion&nbsp;a year ago, primarily driven by premium and membership growth in the PDP business, strong product positioning, and overall market growth <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/n45003190/centene-corporation-reports-first-quarter-2025-results" rel="noreferrer noopener">in the Marketplace business</a>.
The health benefits ratio (HBR) of 87.5% for the first quarter of 2025 represents an increase from 87.1% a year ago due to higher Medicaid HBR due to influenza-and-like illnesses.
<ul>
<li>The company adds that the Medicaid HBR in the first quarter of 2024 was not meaningfully impacted by the redetermination-related acuity pressure, which escalated in the second quarter of 2024.</li>
<li>The increase in HBR was partially offset by a decrease in Medicare due to program changes in the Part D business due to the Inflation Reduction Act compared to the first quarter of 2024 and the resulting change in the quarterly progression of the Medicare segment HBR.</li>
<li>Total membership reached 27.94 million, down from 28.42 million a year ago.</li>
<li>Medicaid membership fell from 13.29 million to 12.96 million.</li>
<li>The company saw membership increases of 29% in Marketplace to 5.63 million and 22% in Medicare Prescription Drug Plan (PDP) to 7.87 million compared to the first quarter of 2024.</li>
</ul>
Centene CEO Sarah London noted that the company&#8217;s full-year 2025 adjusted diluted earnings per share outlook was greater than $7.25.
Guidance: Centene raised its 2025 premium and service revenue guidance window by $6 billion on Friday. The company now expects 2025 premium and service revenue of $164 billion to $166 billion compared to $158 billion-$160 billion expected earlier, including:
<ul>
<li>$5 billion of additional Marketplace premium revenue due to outperformance in enrollment throughout the first quarter.</li>
<li>Outperformance in the Medicare Advantage annual enrollment period resulting in&nbsp;$1.0 billion&nbsp;of additional premium revenue.</li>
</ul>
Centene reaffirms fiscal year 2025 <a href="https://www.benzinga.com/25/02/43470058/insurance-firm-centenes-q4-earnings-enrollment-and-premium-boost-revenue-to-offset-lower-medicaid-enrollment-sticks-to-annual-forecast">adjusted EPS of greater than&nbsp;$7.25</a> compared to consensus of $7.23.
Price Action: Centene stock is down 1.19% at $60.85 during the premarket session at the last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44999959/how-the-us-china-trade-war-is-unintentionally-boosting-demand-for-intels-older-chips-amid-economic-uncertainty" target="_blank" rel="noreferrer noopener">Intel&#8217;s Older Parts Are In Demand Thanks To US-China Trade War: &#8216;Tariffs Have Everybody Hedging Their Bets,&#8217; Says Executive</a></li>
</ul>

Guidance

Health Care

General

Insurer Centene Reaffirms Annual Profit Guidance, Reports Better Than Expected Q1 Earnings

Citigroup analyst Ygal Arounian maintains Bumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) with a Neutral and lowers the price target from $6.8 to $4.8.

BMBL

Citigroup Maintains Neutral on Bumble, Lowers Price Target to $4.8

Intensity Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTS#NASDAQ">INTS</a>) shares are trading lower by 30.3% to 62 cents during Friday&#8217;s session after the company announced the pricing of a public offering expected to <a href="https://www.benzinga.com/pressreleases/25/04/n45005681/intensity-therapeutics-inc-announces-2-35-million-public-offering">raise approximately $2.35 million.</a>
What To Know: The offering involves the sale of over 3.1 million shares of common stock and accompanying Series B-1 and B-2 warrants, priced at 75 cents per share and warrant package. Both warrant series are exercisable at 85 cents per share, with the B-1 warrants expiring in five years and B-2 warrants in 18 months. 
The offering, conducted on a &#8220;reasonable best efforts&#8221; basis, is expected to close on or about April 28, pending customary closing conditions. 
Proceeds will support patient enrollment in the Company's INVINCIBLE-4 clinical trial, continued treatment in the INVINCIBLE-3 study and general corporate operations. 
A.G.P./Alliance Global Partners is leading the placement, with Brookline Capital Markets acting as co-placement agent.
Read Also: <a href="https://www.benzinga.com/markets/equities/25/04/45003860/us-stock-futures-mixed-after-three-day-winning-streak-expert-dismisses-market-pessimism-says-this-isnt-stuff-you-see-in-bear-market">US Stock Futures Mixed After Three-Day Winning Streak: Expert Dismisses Market Pessimism, Says &#8216;This Isn&#8217;t Stuff You See In Bear Market&#8217;</a>
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, INTS has a 52-week high of $5.28 and a 52-week low of $0.59.

INTS

Why Intensity Therapeutics (INTS) Stock Is Getting Hammered

Citigroup analyst Ygal Arounian maintains Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) with a Neutral and lowers the price target from $18 to $14.

ANGI

Citigroup Maintains Neutral on Angi, Lowers Price Target to $14

Colgate-Palmolive Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) shares are <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b45004176/colgate-announces-1st-quarter-2025-results" rel="noreferrer noopener">trading higher in premarket</a> on Friday after the first-quarter FY25 earnings report.
The company's <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b45004176/colgate-announces-1st-quarter-2025-results" rel="noreferrer noopener">first-quarter FY25 sales</a> declined 3% year over year to $4.91 billion, beating the analyst consensus estimate of $4.86 billion.
Organic sales increased by 1.4%. Total Oral, Personal, and Home Care net sales increased&nbsp;by&nbsp;6.8% to $3.96 billion.
Non-GAAP EPS of $0.91 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the consensus </a>estimate of $0.86.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44977669/pepsico-ceo-warns-of-tariffs-led-increase-in-supply-chain-costs-cuts-annual-profit-outlook" rel="noreferrer noopener">PepsiCo CEO Warns Of Tariffs Led ‘Increase In Supply Chain Costs,' Cuts Annual Profit Outlook</a>
Colgate's gross profit was $2.98 billion, while the margin expanded 80 basis points to 60.8%. Selling, general and administrative expenses slipped 0.9% to $1.8 billion.
Operating margin expanded 120 basis points to 21.9%, and operating income increased 2.8% to $1.07 billion for the quarter.
As of March 31, the company had $1.11 billion in cash and equivalents, and its operating cash flow totaled $600 million.
"As we look ahead, uncertainty and volatility in global markets, including the impact of tariffs, remain challenging. We are confident in our strategy and will continue to execute with focus and agility to mitigate these factors and achieve our revised 2025 financial targets," said Chairman, President, and CEO Noel Wallace.
Outlook FY25: Colgate expects net sales to be up in the low single digits, including a negative impact from foreign exchange in the low single digits.
The company anticipates organic sales growth to be 2% to 4%.
The current outlook is better from the last quarter, where <a target="_blank" href="https://www.benzinga.com//node/43385529" rel="noreferrer noopener">it expected FY25 net sales</a> to be roughly flat, including a mid-single-digit negative impact from foreign exchange.
On a non-GAAP basis, the company expects gross profit margin and advertising to be roughly flat as a percentage of net sales and earnings per share to be up in the low single digits.
Price Action: CL shares traded higher by 1.19% at $93.80 in premarket session at the last check on Friday.
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Photo by EDSON DE SOUZA NASCIMENTO via Shutterstock

Colgate-Palmolive CEO Wallace Says 'Impact Of Tariffs Remain Challenging,' But Raises Annual Revenue Outlook Slightly

Charter Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) reported its <a href="https://www.benzinga.com/pressreleases/25/04/n45004240/charter-announces-first-quarter-2025-results" target="_blank" rel="noreferrer noopener">fiscal first-quarter 2025</a> results Friday, including quarterly revenue growth of 0.4% year-on-year to $13.74 billion, beating the analyst consensus estimate of $13.68 billion.
EPS of $8.42 missed the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate</a> of $8.67.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/04/44930091/t-mobiles-long-game-five-year-price-lock-takes-a-jab-at-verizon" rel="noreferrer noopener">T-Mobile&#8217;s Long Game: Five-Year Price Lock Takes A Jab At Verizon</a>
The topline performance reflects revenue growth of 33.5% for residential mobile service, 1.8% for residential Internet and 13.4% for other revenue.
Charter lost 60,000 internet customers, including approximately 9,000 customer disconnects related to the wildfires in California in January, compared to a decline of 72,000 during the first quarter of 2024.
Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) lost 199,000 <a href="https://www.benzinga.com/news/earnings/25/04/44978343/comcast-hit-hard-by-subscriber-exodus-nearly-630000-customers-gone-in-q1" target="_blank" rel="noopener">broadband customers </a>amid competition with telecom companies. AT&amp;T Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) Consumer Wireline segment had 261 AT&amp;T Fiber net additions during the quarter. Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) had 339,000 broadband net additions during the quarter.
Charter&#8217;s residential video customers decreased by 181,000 compared to 405,000 in the previous year. Comcast also lost 427,500 video subscribers as streaming giants like Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) gained traction.
Charter&#8217;s total mobile lines increased by 514,000 during the quarter, reaching 10.4 million as of March 31, 2025. AT&amp;T&#8217;s 324,000 postpaid phone net adds (versus 349,000 a year ago). Contrastingly, Verizon&#8217;s quarterly postpaid phone net losses were 289,000 versus 114,000 net losses Y/Y driven by price hikes, intense rival promotional offers, and lower government support.
Adjusted EBITDA margin expanded by 180 bps to 42.0%.
The quarterly free cash flow of $1.56 billion increased from $358 million in the prior year, driven by higher net cash flows from operating activities and lower capital expenditures.
As of March 31, Charter served 30.02 million residential and SMB Internet customers.
Net cash flow from operating activities totaled $4.24 billion during the quarter. As of March 31, the company held $796 million in cash and equivalents.
2025 Outlook:&nbsp;Charter Communications&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/43390140/charter-q4-earnings-beats-estimates-mobile-growth-surges-with-529k-new-lines-despite-broadband-subscriber-losses" rel="noreferrer noopener">reiterated a capex</a> of $12 billion (versus $11.27 billion <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">in fiscal 2024</a>).
CHTR Price Action: Charter Communications stock is up 1.99% to $342.00 in the premarket at the last check on Friday.
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Photo: Shutterstock

CHTR

CMCSA

NFLX

Charter Loses Internet And TV Subscribers But Beats Rivals With Strong Mobile Line Gains

HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=i9M1ev8j-ugWH7tghn200BffaLeFxwfXOhwKgRWPaOCFJYC_Xo6TqF-skp8x-7VJI-svlz_pQIM1Q5g0vQvODq97M4XUnIxX22RuLEaQoIs=">Freight Technologies, Inc</a>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRGT#NASDAQ">FRGT</a>, "Fr8Tech" or the "Company"))), a logistics management innovation company, is pleased to announce its integration with supply chain management company <a href="https://www.globenewswire.com/Tracker?data=xrDzz1f-4wVhq7yOAwjPyVOn1-lXn1_YHPUbvmYy2sKUv3W7atuejuVhAvQCAh5X16d-j9EkuixAwN4xsIvmcQ==">Blue Yonder</a>'s Transportation Management System ("TMS") through Bayer Crop Science LP ("Bayer"). This follows Bayer's selection of Fr8Tech as a key logistics provider in September 2024 for the 2025 season, where Fr8Tech was awarded six critical cross-border lanes for truckload services.
 &nbsp;

FRGT

Freight Technologies Integrates With Blue Yonder's Transportation Management System Through Bayer Crop Science To Optimize Supply Chain Efficiency

Skechers USA Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>) shares are trading lower by 5.7% to $47.61 during Friday&#8217;s session. The company late Thursday announced record first-quarter 2025 sales of $2.41 billion, up 7.1% year-over-year, though <a href="https://www.benzinga.com/news/earnings/25/04/44996051/skechers-stock-falls-on-q1-revenue-miss-details">slightly below analyst expectations</a> of $2.43 billion. 
What To Know: EPS came in at $1.34, beating the consensus estimate of $1.17. International sales represented 65% of the total, with notable regional gains in Europe, Middle East and Africa (up 14%) and the Americas (up 8%), while Asia-Pacific declined 3% due to softness in China. On a constant currency basis, total sales rose 9%.
Both wholesale and direct-to-consumer segments grew, up 7.8% and 6% respectively. Gross margin dipped slightly to 52% due to lower average selling prices. 
Skechers emphasized ongoing investment in China and <a href="https://www.benzinga.com/pressreleases/25/04/b44994833/skechers-announces-first-quarter-2025-financial-results-and-record-quarterly-sales">highlighted new innovations</a> like its Hands Free Slip-ins technology and global marketing campaigns.
Despite the strong quarter, Barclays lowered its price target on the stock from $77 to $53, while Piper Sandler cut its target to $45 from $50.
Read Also: <a href="https://www.benzinga.com/markets/equities/25/04/45003860/us-stock-futures-mixed-after-three-day-winning-streak-expert-dismisses-market-pessimism-says-this-isnt-stuff-you-see-in-bear-market">US Stock Futures Mixed After Three-Day Winning Streak: Expert Dismisses Market Pessimism, Says &#8216;This Isn&#8217;t Stuff You See In Bear Market&#8217;</a>
<h2 class="wp-block-heading">How To Buy SKX Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Skechers&#8217; case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SKX has a 52-week high of $78.85 and a 52-week low of $44.50.

Skechers Beats Q1 EPS Forecast, Misses Revenue Target: What's Going On?

Barrington Research analyst Michael Petusky maintains Merit Medical Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMSI#NASDAQ">MMSI</a>) with a Outperform and lowers the price target from $111 to $103.

MMSI

Barrington Research Maintains Outperform on Merit Medical Systems, Lowers Price Target to $103

Needham analyst Ryan Koontz reiterates Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) with a Buy and maintains $28 price target.

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