Gabelli Commercial Aerospace and Defense ETF (ARCA: GCAD)

Dernières nouvelles pour Gabelli Commercial Aerospace and Defense ETF (ARCA:GCAD)

Industrials

Technology

Consumer Cyclical

Basic Materials

The Fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons. The Fund defines an aerospace and defense company as a company that derives at least 50 percent of its revenues from, or devotes 50 percent of its assets to, aerospace or defense related activities, or has an identified business line that derives at least 50 percent of its revenues from, or devotes 50 percent of its assets to, aerospace and/or defense related activities. Income producing equity securities include U.S. exchange-listed common stock and preferred stock. The Fund may also invest in foreign securities by investing in American Depositary Receipts.

Spirit Aerosystems, Inc.

Boeing Company (The) Common Stock

Moog Inc

Ducommun Inc

Honeywell International Inc.

Lockheed Martin Corp

Textron

Curtiss Wright Corp (cw)

Raytheon Co.

Northrop Grumman Corp.

Mercury Systems Inc

Hexcel Corp New

Howmet Aerospace

Gabelli Commercial Aerospace and Defense Fund

Gabelli Commercial Aerospace and Defense ETF

Evercore ISI Group analyst Stephen Kim downgrades Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) from Outperform to In-Line and lowers the price target from $159 to $131.

News

Downgrades

Price Target

Analyst Ratings

Evercore ISI Group Downgrades Lennar to In-Line, Lowers Price Target to $131

Oracle Cloud&nbsp;is suspected to have suffered a significant cyberattack, leading to the theft of 6 million records. These records are reportedly being sold by a hacker. Oracle, however, has firmly denied any such breach.
What Happened:&nbsp;A hacker going by the pseudonym "rose87168" is purportedly selling 6 million records stolen from Oracle&#8217;s systems. This claim was initially brought to light by a cybersecurity firm,&nbsp;CloudSEK, based out of India&#8217;s Bengaluru. The firm also called it the &#8216;Biggest supply chain attack of 2025&#8217;
Oracle has staunchly refuted these allegations, and <a href="https://www.bleepingcomputer.com/news/security/oracle-denies-data-breach-after-hacker-claims-theft-of-6-million-data-records/">told</a> the Bleeping Computer that none of its Cloud customers have been affected and that the leaked credentials do not pertain to Oracle Cloud.
Despite Oracle&#8217;s denial, cybersecurity experts advise businesses using Oracle services to implement preventive measures to safeguard their sensitive data. As per CloudSEK&#8217;s report, this could potentially be the largest supply chain hack of 2025, targeting Oracle Cloud and&nbsp;impacting more than 140,000 tenants across&nbsp;various sectors and regions. 
The breach was reportedly linked to the login endpoint login.(region-name).oraclecloud.com, exposing a dataset that included Java KeyStore (JKS) files, encrypted SSO passwords, key files, and Enterprise Manager JPS keys.
Since January 2025, the hacker has been selling sensitive data, attempting to decrypt stolen credentials, and extorting companies for data deletion fees. As perCloudSEK, the hacker also created an X page to broaden their reach by following Oracle-related accounts and tracking their targets.
SEE ALSO: <a href="https://www.benzinga.com/markets/equities/25/03/44452531/nvidia-chip-flows-under-scrutiny-as-malaysia-moves-to-tighten-regulations-amid-us-export-controls-on-china">Nvidia Chip Flows Under Scrutiny As Malaysia Moves To Tighten Regulations Amid US Export Controls On China</a>
Why It Matters: The reported exposure of 6 million records presents major risks for organizations, including large-scale data breaches, corporate espionage and unauthorized access. Decrypted SSO and LDAP passwords could allow attackers to infiltrate Oracle Cloud environments and exploit supply chain vulnerabilities by targeting interconnected systems.
Businesses face high stakes as the hacker "rose87168" pressures over 140,000 tenants with extortion demands, using an X page to amplify threats and target Oracle-related accounts. This incident follows a trend of<a href="https://www.benzinga.com/25/02/43692893/chinese-hacker-group-salt-typhoon-expands-global-telecom-exploits-targets-cisco-routers"> increased cyberattacks</a>, such as the exploits by the Chinese hacker group, Salt Typhoon on Cisco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>). 
Oracle holds a momentum rating of 65.86% and a growth rating of 62.87%, according to&nbsp;<a href="https://www.benzinga.com/report/ORCL" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock's historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="446" height="280" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/24054609/image-214.png" alt="" class="wp-image-838024" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/24054609/image-214.png 446w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/24054609/image-214-300x188.png 300w" sizes="(max-width: 446px) 100vw, 446px" /></figure>
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/25/03/44450807/zuckerberg-says-2025-will-be-the-year-an-ai-assistant-hits-1-billion-users-and-he-wants-it-to-be-meta-ai">Zuckerberg Says 2025 Will Be The Year An AI Assistant Hits 1 Billion Users—And He Wants It To Be Meta AI</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

Tech

General

CSCO

ORCL

Oracle Denies Massive Data Theft As Hacker Allegedly Sells 6M Records

RBRK

NTT DATA Partners With Cybersecurity Provider Rubrik For Ransomware Protection

BMO Capital analyst Phillip Jungwirth downgrades Civitas Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIVI#NYSE">CIVI</a>) from Outperform to Market Perform and lowers the price target from $50 to $42.

CIVI

BMO Capital Downgrades Civitas Resources to Market Perform, Lowers Price Target to $42

<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="2">&nbsp;2025 Guidance</td>
</tr>
<tr>
<td>&nbsp;Revenue</td>
<td>$460 to $480 million</td>
</tr>
<tr>
<td>&nbsp;Gross Profit</td>
<td>$73 to $82 million</td>
</tr>
<tr>
<td>&nbsp;Adjusted EBITDA</td>
<td>$(8) to $(17) million</td>
</tr>
<tr>
<td>&nbsp;Free Cash Flow</td>
<td>$(12) to $(21) million</td>
</tr>
</tbody>
</table>
</figure>
The Company expects Adjusted EBITDA of approximately $(5) to $(6) million in the first quarter of 2025 primarily due to seasonal factors such as new year drug price increases and lower encounter volumes.

Earnings

Guidance

Health Care

The Oncology Institute Expects FY2025 Revenue Of $460M-$480M Vs. Consensus Of $482.80M

The Oncology Institute Q4 2024 EPS $(0.14) Comapred to $(0.21) YoY, Sales $100.27M Vs. $85.79M YoY

Offerings

ELBM

Electra Battery Materials Intends To Complete Private Placement To Raise Aggregate Gross Proceeds Of Up To $3.50M

Pursuant to the terms of the Securities Purchase Agreement, the Company will issue to purchasers in the Private Placement units consisting of two shares of common stock (or pre-funded warrants in lieu thereof) and common warrants to purchase one share of common stock (or pre-funded warrants) of the Company at a price of $2.2084 per unit (or $2.2082 in the case of units consisting of pre-funded warrants). The pre-funded warrants will have an exercise price of $0.0001 per share until exercised in full, and the common warrants will have an exercise price of $1.1980 per share.&nbsp;

Financing

The Oncology Institute Entered Into A Securities Purchase Agreement With Accredited Investors For A Private Placement In Gross Proceeds Of Approximately $16.5M

Under the license agreement, Novo Nordisk will obtain exclusive worldwide rights (excluding Chinese mainland, Hong Kong, Macau, and Taiwan) to develop, manufacture, and commercialize UBT251.&nbsp;
United Biotechnology will retain the rights for UBT251 in Chinese mainland, Hong Kong, Macau, and Taiwan.&nbsp;
United Biotechnology is eligible to receive an upfront payment of 200 million US dollars and potential milestone payments of up to 1.8 billion dollars from Novo Nordisk, as well as tiered royalties on net sales outside of Chinese mainland, Hong Kong, Macau, and Taiwan.&nbsp;

Contracts

Novo Nordisk And TUL Subsidiary United Biotechnology Enter Exclusive License Agreement For UBT251; United Biotechnology Is Eligible To Receive Upfront Of $200M And Potential Milestone Payments Of Up To $1.8B

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) upcoming iPhone 18 lineup is expected to feature Taiwan Semiconductor Mfg. Co. Ltd.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) 2nm A20 chip, according to a top supply chain analyst.
What Happened: On Saturday, Ming-Chi Kuo, reiterated his previous forecast that the A20 chip, set to power the iPhone 18 series in the second half of 2026 will be manufactured using TSMC's 2-nanometer process.
"Reiterating my prediction from six months ago: the 2H26 new iPhones (iPhone 18) will be powered by TSMC's 2nm chips," he said in a post on X. "TSMC's 2nm R&amp;D trial yields reached 60–70% three months ago, and they're now well above that."
See Also: <a href="https://in.benzinga.com/markets/25/02/43685791/taiwan-semiconductor-could-be-the-lifeline-intel-needs-as-rumors-swirl-of-a-us-backed-joint-venture">Taiwan Semiconductor Could Be The Lifeline Intel Needs As Rumors Swirl Of A US-Backed Joint Venture</a>
<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">Reiterating my prediction from six months ago: the 2H26 new iPhones (iPhone 18) will be powered by TSMC's 2nm chips. Worth noting, TSMC's 2nm R&amp;D trial yields reached 60–70% three months ago, and they're now well above that. <a href="https://t.co/ZoWXFqfUnS">https://t.co/ZoWXFqfUnS</a>
&mdash; 郭明錤 (Ming-Chi Kuo) (@mingchikuo) <a href="https://twitter.com/mingchikuo/status/1903469694159642784?ref_src=twsrc%5Etfw">March 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Jeff Pu, another well-known analyst, previously echoed Kuo's predictions, and a rumor that the A20 chip would stick to a 3nm process has since been retracted.
Why It's Important: The A20 chip marks Apple's shift to TSMC's N2 process, succeeding the A19 chip, which is expected to use TSMC's third-generation 3nm process (N3P) in iPhone 17.
According to industry estimates, the A20 could offer up to 15% faster speeds and up to 30% better energy efficiency compared to the A19.
Earlier, in July 2024, reports indicated that Apple had to delay the use of <a href="https://www.benzinga.com/markets/equities/24/07/39790358/production-delays-force-apple-to-skip-tsmcs-2nm-chip-for-iphone-17-report">TSMC&#8217;s 2nm chip</a> for the iPhone 17 due to production delays.
However, now TSMC has been <a href="https://www.benzinga.com/25/01/42784508/taiwan-semiconductors-2nm-progress-fuels-taiwan-index-musk-highlights-talent-pool">making strides in its chip</a> manufacturing capabilities. In January 2025, the company reported steady progress in its 2nm chip production in Taiwan, with plans to commercialize 4nm chips at its Arizona facility.
Price Action: TSMC's stock rose 0.98% in pre-market trading on Monday, reaching $178.47. On Friday, it closed at $176.73, reflecting a 0.42% decline during regular trading hours, according to <a href="http://pro.benzinga.com/">data from Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure" target="_blank" rel="noreferrer noopener">Tim Cook Praises China&#8217;s DeepSeek For Driving Efficiency, Stresses Apple&#8217;s ‘Prudent And Deliberate&#8217; Approach Toward Capital Expenditure</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

AAPL

Apple's iPhone 18 To Get Massive Boost With 2nm A20 Chip: TSMC's Yields Surge Past 70%, Says Analyst Ming-Chi Kuo

CLEAR Continues To Expand Locations To Enroll And Renew Consumers In Trusted Traveler Program By Opening Five New Locations

<a href="https://tinyurl.com/3yax3bdc" title="https://tinyurl.com/3yax3bdc">https://tinyurl.com/3yax3bdc</a>

Insider Trades

KVUE

Bloomberg Reported Sunday, Toms Capital Pushes For Kenvue Sale, Separation

Stifel analyst Lars Kjellberg upgrades Mativ Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATV#NYSE">MATV</a>) from Hold to Buy and lowers the price target from $15.5 to $10.

Upgrades

MATV

Stifel Upgrades Mativ Holdings to Buy, Lowers Price Target to $10

Macro Economic Events

Econ #s

Economics

U.K. Services Purchasing Managers Index Preliminary For March 53.2 Vs. 51.2 Est.; 51.0 Prior

U.K. Manufacturing Purchasing Managers Index Preliminary For March 44.6 Vs. 47.3 Est.; 46.9 Prior

U.K. Composite Purchasing Managers' Index Preliminary For March 52.0 Vs. 50.3 Est.; 50.5 Prior

Piper Sandler analyst Frank Schiraldi upgrades Valley Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>) from Neutral to Overweight and maintains the price target from $11 to $11.

Piper Sandler Upgrades Valley Ntl to Overweight, Maintains Price Target to $11

TOMZ

TOMI Wins $450,000 CES Installation Deal Through ARES Distribution, Expands New England Market Footprint

CMBT

CMB.TECH And MOL Ink Landmark Deal For Nine Ammonia-Fueled Bulk Carriers And Tankers, Boosting Order Backlog To $2.94B

QuantaSing Group Expands Into Pop Toys Market with Strategic Acquisition Of Letsvan, Tapping High-Growth Consumer Goods Segment

Press Releases

GAMCO Investors, Inc. Reports Results for the 2nd Quarter 2024

GAMCO Investors, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2024

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Gabelli Commercial Aerospace and Defense ETF

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Dernières nouvelles pour Gabelli Commercial Aerospace and Defense ETF (ARCA:GCAD)

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