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

Garden Stage (NASDAQ:GSIW) Stock, Rapport sur les intérêts à découvert

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.

Garden Stage Ltd

<a href="https://www.sec.gov/Archives/edgar/data/1767640/000101143825000303/xslForm13F_X02/informationtable.xml" title="https://www.sec.gov/Archives/edgar/data/1767640/000101143825000303/xslForm13F_X02/informationtable.xml">https://www.sec.gov/Archives/edgar/data/1767640/000101143825000303/xslForm13F_X02/informationtable.xml</a>

News

AMZN

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PINS

Saudi's PIF Raises Share Stake In Amazon By 50.2% To 1.2M Shares; Cuts Share Stake In Pinterest By 25.4% To 4.1M Class A Shares; Dissolves Share Stake In Ballard Power Systems; Raises Share Stake In Bloom Energy Corp By 16.8% To 3.8M Class A Shares

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2025/05/2025-05-15_08h49_16.png" alt="" /></figure>
To gain an edge, this is what you need to know today.
<h4 class="wp-block-heading">Tactical Positions Are Very Profitable</h4>
Tactical positions that were started near the April lows based on our buy signals are now very profitable.&nbsp; It is now time to take partial profits.&nbsp;
<h4 class="wp-block-heading">Do Not Trust New Good Economic Data</h4>
Please <a href="https://thearorareport.com/stock-market-chart-analysis-walmart-earnings-apple-manufacturing-wmt-mc-05152025">click here</a> for an enlarged chart of Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>).
Note the following:
<ul class="wp-block-list">
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of WMT stock is being used to illustrate the point.&nbsp; Walmart is the largest retailer, and the U.S. economy is 70% consumer based. For this reason, prudent investors pay attention to Walmart earnings.</li>
<li>The chart shows when Walmart reported earnings.</li>
<li>The chart shows that WMT stock has recovered much of the April drop related to tariffs.</li>
<li>The chart shows that WMT stock previously rose to the low band of the resistance zone and then backed off.</li>
<li>RSI on the chart shows that WMT stock is close to being oversold.&nbsp; RSI shows that after earnings, WMT stock could have bounced significantly.</li>
<li>As full disclosure, WMT is in our ZYX Buy Core Model Portfolio and long from $19.25.</li>
<li>The chart shows that this morning WMT stock is pulling back after a bump up from earnings.</li>
<li>Walmart reported mixed results, roughly in line with consensus and whisper numbers.&nbsp; In our analysis, here are the key points: 
<ul class="wp-block-list">
<li>Investors should not trust Walmart numbers because much of the sales came from pre-tariff inventory.</li>
<li>Investors should pay attention to Walmart's warning that tariffs may result in price increases.&nbsp;</li>
</ul>
</li>
<li>Prudent investors closely watch retail sales data.&nbsp; Retail sales came cooler than expected.&nbsp; Here is the latest retail sales data: 
<ul class="wp-block-list">
<li>Headline retail sales came at 0.1% vs. 0.2% consensus.</li>
<li>Retail sales ex-auto came at 0.1% vs. 0.5% consensus.</li>
</ul>
</li>
<li>In our analysis, investors should not trust this retail sales data because it is distorted from consumers buying ahead of tariffs.  </li>
<li>The just released Producer Price Index (PPI) shows inflation at the producer level is cooler than expected.&nbsp; Here are the details: 
<ul class="wp-block-list">
<li>Headline PPI came at -0.5% vs. 0.3% consensus.</li>
<li>Core PPI came at -0.4% vs. 0.3% consensus.</li>
</ul>
</li>
<li>The PPI drop is the largest since the Covid shock in 2020.  In our analysis, investors should not trust this data because it is distorted due to tariff related issues.  </li>
<li>Initial Jobless Claims came at 229K vs. 226K consensus.&nbsp; This indicates the jobs picture remains strong.</li>
<li>President Trump said that India has offered a deal with no tariffs on U.S. goods.</li>
<li>While the deal offer from India would be a positive for President Trump's tariff efforts, it does not change Trump's desire to bring manufacturing to the U.S.  President Trump scolded Apple Inc (AAPL) for expanding production in India.  President Trump wants Apple products produced in the U.S.</li>
<li>Powell is speaking as of this writing.&nbsp; Here are the key points: 
<ul class="wp-block-list">
<li>The Fed is committed to the 2% inflation target.</li>
<li>The U.S. may be entering a period of frequent supply shocks.</li>
<li>The Fed could reconsider controversial language around the employment mandate.</li>
<li>The Fed could reconsider average inflation targeting.</li>
</ul>
</li>
</ul>
<h4 class="wp-block-heading">Magnificent Seven Money Flows</h4>
In the early trade, money flows are neutral in Microsoft Corp ( MSFT) and Alphabet Inc Class C (GOOG).
In the early trade, money flows are negative in Amazon.com, Inc. (AMZN), NVIDIA Corp (NVDA), Meta Platforms Inc (META), Tesla Inc (TSLA), and AAPL.
In the early trade, money flows are negative in SPDR S&amp;P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ).
<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (GLD).  The most popular ETF for silver is iShares Silver Trust (SLV).  The most popular ETF for oil is United States Oil ETF (USO).
<h4 class="wp-block-heading">Oil</h4>
The U.S. is apparently close to striking a deal with Iran.&nbsp; Such a deal will increase oil supply.&nbsp;&nbsp;
<h4 class="wp-block-heading">Bitcoin</h4>
Bitcoin is seeing selling as whales take profits by selling their bitcoins to overexcited retail investors.
<h4 class="wp-block-heading">Arora Protection Band And What To Do Now</h4>
It is important for investors to look ahead and not in the rearview mirror.  Our proprietary Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h4 class="wp-block-heading">Traditional 60/40 Portfolio</h4>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Earnings

Equities

Long Ideas

Market Summary

Opinion

Markets

Tech

ETFs

Profits On Tactical Positions, Do Not Trust New Data And Walmart Earnings, Trump Scolds Apple

CoreWeave Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) shares surged to the highs of the session Thursday after a regulatory filing revealed an additional agreement <a href="https://www.benzinga.com/news/earnings/25/05/45421041/nvidia-backed-coreweave-reports-q1-earnings-revenue-jumps-420-backlog-grows-to-25-9-billion-following-openai-deal-shares-hit-all-time-highs">with OpenAI</a>. 
What Happened: CoreWeave shares have been volatile since the company reported first-quarter results after the market close on Wednesday. The company reported 420% revenue growth and said it had a revenue backlog of $25.9 billion at quarter's end.
CoreWeave said on the conference call following the report that it expects capital expenditures to be between $3 billion and $3.5 billion in the second quarter, and rise to $20 billion to $23 billion in full-year 2025.
The Nvidia-backed AI company also said it signed a $4 billion expansion with an AI enterprise on the call, but it did not disclose details or name the company.
In a regulatory <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001769628/000176962825000014/crwv-20250331.htm#fact-identifier-993">filing</a> related to earnings on Thursday, the company revealed that it entered into additional agreements with OpenAI in May to provide the company with access to cloud computing capacity. CoreWeave disclosed that OpenAI has committed to pay the company up to $4 billion through April 2029 related to the agreement. 
Shares regained upward momentum on the news and surged to highs for the session. The stock was up 4.95% at $70.86 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Several analysts raised price targets on CoreWeave on Thursday:
<ul class="wp-block-list">
<li>Barclays analyst Raimo Lenschow maintained an <a href="https://www.benzinga.com/analyst-stock-ratings">Overweight rating</a> and raised the price target from&nbsp;$60&nbsp;to&nbsp;$70.</li>
</ul>
<ul class="wp-block-list">
<li>Macquarie analyst Paul Golding maintained a Neutral rating and raised the price target from&nbsp;$56&nbsp;to&nbsp;$65.</li>
</ul>
<ul class="wp-block-list">
<li>Wells Fargo analyst Michael Turrin maintained an Equal-Weight rating and raised the price target from&nbsp;$50&nbsp;to&nbsp;$60.</li>
</ul>
<ul class="wp-block-list">
<li>BofA Securities analyst Brad Sills maintained a Buy rating and raised the price target from&nbsp;$42&nbsp;to&nbsp;$76.</li>
</ul>
<ul class="wp-block-list">
<li>Morgan Stanley analyst Keith Weiss maintained an Equal-Weight rating and raised the price target from&nbsp;$46&nbsp;to&nbsp;$58.</li>
</ul>
<ul class="wp-block-list">
<li>Mizuho analyst Gregg Moskowitz maintained an Outperform rating and raised the price target from&nbsp;$46&nbsp;to&nbsp;$70.</li>
</ul>
Photo: Shutterstock.

Contracts

Movers

CRWV

CoreWeave Stock Surges To Highs Of The Session After Company Reveals Details Of OpenAI Deal

A woman in her early 40s recently reached out to Suze Orman's "<a href="https://omny.fm/shows/suze-ormans-women-and-money/ask-kt-suze-anything-what-is-stagflation">Women &amp; Money</a>" podcast with a problem many can relate to: she landed a new job with her dream salary, but now she misses her old job — and the life she left behind.
The listener had been at her previous job for nearly 18 years and was happy, but admitted she felt "stagnant" and <a href="https://www.benzinga.com/personal-finance/25/05/45184462/yeah-no-its-low-wages-a-worker-responds-to-whether-the-skilled-labor-shortage-is-just-because-everyone-was-told-to-go-to-college">underpaid</a>, even after asking for raises over the course of a decade. So when a new opportunity opened closer to home, she went for it — and got a higher salary than she asked for.&nbsp;
Don't Miss:
<ul class="wp-block-list">
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.30/share with a $1000 minimum.</a></li>
<li>Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">Invest before it's too late.</a></li>
</ul>
But as the excitement wore off, she began to feel a deep sense of loss. Though she felt financially validated, she missed her coworkers, her routine, and the comfort of a familiar environment.
<h2 class="wp-block-heading">Suze's Response: You're Not Alone</h2>
<a href="https://www.benzinga.com/personal-finance/25/05/45335754/there-is-good-debt-and-there-is-bad-debt-suze-orman-breaks-down-credit-cards-car-loans-student-debt-and-mortgages">Orman</a> began by reassuring the listener that she's far from the only person facing this type of emotional crossroads.
"You are not alone," Orman wrote in her email response. "So many women in their 40s find themselves at this exact crossroad — torn between the comfort of where they were and the unknown of where they are now."
Orman praised the woman for advocating for herself and emphasized that getting the salary she deserved was a "victory," even if it doesn't yet feel like one. More importantly, she framed the listener's current struggle not as a mistake, but as part of the growth process.
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
<h2 class="wp-block-heading">Grief vs. Regret</h2>
One of the most striking parts of Orman's advice was the distinction she drew between grief and regret.
"That ache you're feeling, it's not necessarily a sign that you made a mistake," Orman explained. "It might just be grief."
According to Orman, the listener is mourning what she left behind — not just the job, but the relationships, routines, and identity tied to it. That, she said, is natural.
"You can miss something and still know that leaving it was the right decision," she added.
See Also: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
<h2 class="wp-block-heading">What To Do Now: Suze's Three Steps</h2>
To move forward, Orman laid out a practical three-step path:
<ol class="wp-block-list">
<li>Give it time — but not forever. Orman recommended setting a six-month check-in. By then, what would need to change to feel more fulfilled in the new role? Are those changes possible?</li>
<li>Reconnect with your why. Money wasn't the only reason for leaving. The listener had also felt undervalued and stagnant. Remembering that can help reframe the decision.</li>
<li>Stay open to what's next. Even if this job isn't the right long-term fit, it's part of the journey. Orman encouraged using the current experience as a learning opportunity about what kind of work — and environment — feels best.</li>
</ol>
<h2 class="wp-block-heading">A Transition, Not a Trap</h2>
Above all, Orman emphasized compassion: "You're not trapped, my friend. You're in transition."
That message — of patience, <a href="https://www.benzinga.com/opinion/25/03/44564165/the-power-of-emotional-intelligence-in-closing-high-stakes-deals">self-awareness</a>, and courage — is one many can carry with them, no matter what stage of life they're in.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
</ul>
Image: Shutterstock

Personal Finance

'I Got A New Job With My Dream Salary, But Now I Miss My Old Job' - Suze Orman Offers Some Advice

Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 10 years by 6.9% on an annualized basis producing an average annual return of 17.62%. Currently, Adobe has a market capitalization of $172.07 billion. 
Buying $100 In ADBE: If an investor had bought $100 of ADBE stock 10 years ago, it would be worth $506.80 today based on a price of $403.73 for ADBE at the time of writing.
<h3>Adobe's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747326629_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.

Trading Ideas

ADBE

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

WIIM

KARO

Karooooo shares are trading higher after the company reported a better-than-expected Q4 financial results and issued FY26 adjusted EPS results above estimates.

Keefe, Bruyette &amp; Woods analyst Ryan Tomasello maintains Riskified (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) with a Market Perform and raises the price target from $5.25 to $5.5.

Price Target

Analyst Ratings

RSKD

Keefe, Bruyette & Woods Maintains Market Perform on Riskified, Raises Price Target to $5.5

RBC Capital analyst Daniel Perlin maintains DXC Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXC#NYSE">DXC</a>) with a Sector Perform and lowers the price target from $27 to $18.

RBC Capital Maintains Sector Perform on DXC Technology, Lowers Price Target to $18

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) shared an impressive milestone for its<a href="https://www.benzinga.com/general/entertainment/25/04/44905838/netflix-playing-offense-while-stock-plays-defense-6-analysts-on-q1-results-advertising-growth-ahead"> ad-supported plan</a> at its upfront presentation to advertisers, along with highlighting upcoming content that includes bets on live content and reality television.
Ad-Supported Plan Shines: Fresh off its recent <a href="https://www.benzinga.com/general/entertainment/25/04/44877995/netflix-crushes-q1-says-its-working-hard-to-improve-and-expand-its-offering">quarterly financial results </a>that beat Street estimates, Netflix and its shareholders may have more reasons to celebrate.
The company announced its ad-supported plan, which launched in 2022, has hit 94 million monthly active users globally. This total is up from 70 million in November 2024, as reported by <a href="https://deadline.com/2025/05/netflix-ad-tier-reaches-94-million-monthly-active-users-1236397938/">Deadline</a>.
Netflix said its ad-supported plan users spend 41 hours watching Netflix content a month on average. Netflix's President of Advertising Amy Reinhard said the company's ad-supported plan reaches more people in the key 18-34 year-old demographic than any broadcast or cable network.
"When you compare us to our competitors, attention starts higher and ends much higher. And even more impressive, members pay as much attention to mid-roll ads as they do to the shows and movies themselves," Reinhard said.
The strong response to the ad-supported plan could be good news for the company with the launch of its in-house advertising platform in the U.S. and Canada. Netflix said it will roll this platform out in the remaining ad-supported countries by June.
Reinhart said Netflix's superpower is having great technology and great entertainment when rival streaming companies are usually "either/or."
"The foundation of our business is in place. From here, the pace of progress is going to be even faster."
Read Also: <a href="https://www.benzinga.com/general/entertainment/25/05/45200209/exclusive-netflix-customers-excited-for-original-movies-squid-game-stranger-things-nfl-60-say-this-tops-2025-must-watch-list">EXCLUSIVE: Netflix Customers Excited For Original Movies, &#8216;Squid Game,&#8217; &#8216;Stranger Things,&#8217; NFL: 60% Say This Tops 2025 Must-Watch List</a>
More Live Content/Reality TV: Netflix has been adding live content like sports, comedy specials and award shows in recent years in a push for more subscribers and additional advertising revenue.
At the upfront, Netflix Chief Content Officer Bela Bajaria highlighted some upcoming live content, such as a boxing match on July 11 and two NFL games on Christmas Day, as reported by <a href="https://techcrunch.com/2025/05/14/netflix-adds-more-live-tv-to-its-lineup/">TechCrunch</a>.
The NFL schedule was released Wednesday. The two Netflix Christmas games have been revealed as the Dallas Cowboys vs. Washington Commanders (1 p.m. ET) and the Detroit Lions vs. Minnesota Vikings (4:30 p.m. ET).
Netflix also announced it will livestream the Screen Actors Guild Awards on March 1, 2026 and stream its upcoming "Netflix Tudum 2025: The Live Event" on May 31, 2025.
The streaming company highlighted several upcoming reality competitions, including a reboot of "Star Search," an old talent show that aired from 1983 to 1995, as reported by <a href="https://deadline.com/2025/05/tar-search-reboot-underway-at-netflix-1236397644/">Deadline</a>.
Netflix's "Star Search" will see contestants perform in music, dance and comedy with kids also able to compete. Episodes will be livestreamed twice weekly with viewers voting on the contestants they like best to move forward in the competition.
The original "Star Search," with Ed McMahon as the host, featured many future celebrities before they were famous including Beyoncé, Justin Timberlake, Britney Spears, Dave Chappelle, Christina Aguilera and Adam Sandler.
A "Star Search" reboot in 2003 lasted only one year for CBS.
Netflix will also <a href="https://deadline.com/2025/05/building-the-band-premiere-window-netflix-liam-payne-1236398121/">debut </a>a new music reality competition called "Building the Band" this summer. The series, which has already been filmed, is the final TV series from late One Direction band member Liam Payne.
Payne was featured as one of the judges and mentors on the show alongside Nicole Scherzinger and Kelly Rowland, with Backstreet Boys member AJ McLean hosting.
The show was wrapped prior to Payne's death in October, but has been stuck in limbo with Netflix consulting with Payne's family on how to proceed with the show.
On the show, singers form bands without being able to see each other, in a format similar to "Love is Blind."
Why It's Important: While Netflix's upfront presentation was mostly a celebration of success and a look into future content for advertisers, it can likely be a key demonstration to shareholders of where the company is headed.
Advertising has become a key focus for the company to boost future revenue, and live content has shown success in capturing strong viewership and premium advertising rates.
Netflix has launched several reality TV competitions in the past and the ability to show off "Star Search" as a live competition with fan voting could put the streamer on par with broadcast network reality competitions that command premium audiences with live voting elements.
Along with new content, Netflix also announced renewals of several hit shows including "Bridgerton," "Love on the Spectrum" and "My Life with the Walter Boys."
Netflix has an exciting 2025 ahead, with new seasons of "Wednesday," "Stranger Things," and "Squid Game" all set to come, alongside new content and live sports content from WWE, boxing, and the NFL.
NFLX Price Action: Netflix stock is up 1.1% to $1,163.42 versus a 52-week trading range of $587.04 to $1,164.00. Netflix stock is up 31% year-to-date in 2025 and more than 80% over the last year.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/entertainment/25/03/44440954/netflix-announces-willy-wonka-inspired-reality-competition-with-a-golden-ticket-twist">Netflix Announces Willy Wonka-Inspired Reality Competition With A &#8216;Golden Ticket&#8217; Twist</a></li>
</ul>
Photo: Shutterstock

Entertainment

NFLX

Netflix's Ad-Tier Now Boasts 94M Users, Fueling Stock's Rise To Record Highs

<a href="https://www.globenewswire.com/Tracker?data=fpTh3m2aBO6q7tsA-PDh6eevm0wYq5BZbA8sB6ZdtrN6ym0dYw2DcX8IHhq5DInrHL5a5DBDXJISeSN2A5T-KRxJKwgvlE_gXv01SfKGsq0=">Coca-Cola Consolidated</a> is pleased to announce a $90 million investment in a new 400,000-square-foot distribution and warehouse facility, and two 15,000 square-feet buildings to house equipment repair services and fleet maintenance in Columbus, Ohio. The new 60-acre campus is part of the Rickenbacker Industrial Center located on Rohr Road. Through innovative sustainability processes, new technology, and designated learning center, the facility can better serve customers, the Columbus community and the surrounding region.

COKE

Coca-Cola Consolidated Announces $90M Investment In Columbus Facility

CSCO

Live On CNBC, Jim Lebenthal Announces Bought More Cisco Systems

Susquehanna analyst Biju Perincheril maintains NEXTracker (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) with a Positive and raises the price target from $54 to $66.

Susquehanna Maintains Positive on NEXTracker, Raises Price Target to $66

XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) reported quarterly losses of $(0.56) per share. This is a 50 percent increase over losses of $(1.12) per share from the same period last year. The company reported $70.31 million in sales this quarter. This is a 18.84 percent increase over sales of $59.17 million the same period last year.

AIXI

CORRECTION: XIAO-I FY EPS $(0.56) Up From $(1.12) YoY, Sales $70.31M Up From $59.17M YoY

California's cannabis industry was dealt a serious blow this week as Gov. Gavin Newsom's revised state budget confirmed the scheduled increase in the cannabis excise tax from 15% to 19%, effective July 1. The change, originally triggered by Assembly Bill 195 in 2022, will move forward despite calls from industry leaders and lawmakers to delay or freeze the hike amid ongoing market contraction and widespread business closures.
<h3 class="wp-block-heading">&#8216;A More Than 25% Tax Increase&#8217; On A Declining Market</h3>
The California Cannabis Operators Association (CaCOA), which represents over 300 licensed businesses across the state, warned the increase could be catastrophic.
"California's legal cannabis industry cannot withstand a more than 25% tax increase when sales have already declined by 19% and thousands of businesses have closed their doors," said Amy O'Gorman Jenkins, executive director of CaCOA. "Raising taxes on a struggling industry—especially one already undercut by untaxed, unregulated operators—defies economic sense and contradicts Proposition 64's core intent."
The tax bump stems from a 2022 policy change that eliminated California's cannabis cultivation tax and shifted revenue collection downstream to retail. Under that law, the excise tax rate was set to adjust based on revenue trends and the California Department of Tax and Fee Administration (CDTFA) announced in April that the rate would rise to 19% starting July 1, 2025.
The updated budget leaves the rate increase untouched. While it proposes tougher enforcement against illicit sellers and maintains licensing fee stability, it omits any relief for regulated operators facing rising costs and shrinking margins.
<h3 class="wp-block-heading">A Legislative Push To Freeze The Tax</h3>
Assemblymember Matt Haney (D-San Francisco) introduced AB 564 earlier this year to halt the tax hike. The bill passed early committee votes with bipartisan support, but time is running out. CaCOA says it's mobilizing with Haney and coalition partners to include the freeze in a trailer bill ahead of the final budget vote in June.
"This fight is far from over," CaCOA said in a statement. "We're working to ensure the freeze is included in the final budget through trailer bill legislation."
<h3 class="wp-block-heading">What It Means For Operators</h3>
The impact of the tax hike will be most visible at the cash register, where total taxes (state excise, sales tax and local levies) can already exceed 40% in many parts of California. Industry groups warn that such burdens will push more consumers toward unlicensed sellers, further eroding legal sales.
Companies like Glass House Brands (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/GLASF#OTCQX">GLASF</a>), one of the state's largest cannabis producers and retailers, have already expressed concern about pricing pressures. Though Glass House has managed to gain market share by lowering production costs, CEO Kyle Kazan recently noted that California pricing remains "destructive," forcing many competitors into insolvency.
Other publicly traded cannabis companies with significant exposure to California, such as Planet 13 Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PLNH#OTC">PLNH</a>), StateHouse Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/STHZF#OTC">STHZF</a>) and Gold Flora Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRAM#OTC">GRAM</a>), are navigating substantial financial challenges. Planet 13 remains operational, reporting revenue growth in its latest quarterly results. In contrast, StateHouse Holdings filed for bankruptcy in Canada in October 2024 and entered receivership proceedings in the U.S., with operations continuing under court supervision. Similarly, Gold Flora filed for voluntary receivership in March 2025 due to mounting debts and legal issues, including liabilities inherited from its 2023 merger with TPCO. Despite these proceedings, Gold Flora continues to operate its 16 dispensaries and cultivation facilities while preparing for an orderly sale of its assets. The impending excise tax hike may further complicate efforts for these companies to maintain market share and achieve profitability.
<h3 class="wp-block-heading">Budget Highlights: Enforcement, But No Relief</h3>
The revised budget does include proposals to expand enforcement powers for the Department of Cannabis Control (DCC), including authority to seal unlicensed businesses—similar to New York's "Operation Padlock to Protect." It also provides funding incentives for cities and counties to allow cannabis retail, even if they currently prohibit cultivation.
Still, those measures fall short of what many in the industry say is necessary to stabilize the market.
Photo: Shutterstock

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GLASF

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PLNH

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STHZF

Gavin Newsom's Budget Keeps Cannabis Tax Hike: Can It Be Stopped? What's Next For Operators?

Susquehanna analyst Shyam Patil maintains JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) with a Neutral and lowers the price target from $45 to $40.

Susquehanna Maintains Neutral on JD.com, Lowers Price Target to $40

<a href="https://www.gov.uk/government/news/mhra-approves-vaccine-to-protect-against-pneumococcal-infections-such-as-pneumonia-and-meningitis#:~:text=The%20Medicines%20and%20Healthcare%20products,called%20Streptococcus%20pneumoniae%20or%20pneumococcus" title="https://www.gov.uk/government/news/mhra-approves-vaccine-to-protect-against-pneumococcal-infections-such-as-pneumonia-and-meningitis#:~:text=The%20Medicines%20and%20Healthcare%20products,called%20Streptococcus%20pneumoniae%20or%20pneumococcus">https://www.gov.uk/government/news/mhra-approves-vaccine-to-protect-against-pneumococcal-infections-such-as-pneumonia-and-meningitis#:~:text=The%20Medicines%20and%20Healthcare%20products,called%20Streptococcus%20pneumoniae%20or%20pneumococcus</a>.

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MHRA Approves Vaccine To Protect Against Pneumococcal Infections Such As Pneumonia And Meningitis; Approved Capvaxive For People Aged 18 Years & Older To Help Protect Against Pneumococcal Infections

RBC Capital analyst Brian Abrahams reiterates Contineum Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNM#NASDAQ">CTNM</a>) with a Outperform and maintains $31 price target.

Reiteration

CTNM

RBC Capital Reiterates Outperform on Contineum Therapeutics, Maintains $31 Price Target

Galiano Gold shares are trading lower after the company reported mixed Q1 financial results.

Shares of Chinese EV maker NIO Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) fell around 3% to $4.00 on Thursday, tracking broader weakness in U.S.-listed Chinese stocks after Alibaba Group reported mixed fiscal fourth-quarter results. Alibaba shares dropped 8.1% to $123.05 after <a href="https://www.benzinga.com/news/earnings/25/05/45437447/alibaba-stock-slides-5-after-revenue-miss-cloud-spend-hits-free-cash-flow">missing revenue expectations</a>, despite beating earnings estimates.
What To Know: Alibaba posted $32.58 billion in quarterly revenue, falling short of the $33.08 billion analyst consensus. Although adjusted earnings per ADS came in strong at $1.73 versus estimates of $1.48, the topline miss and deceleration in some key business segments weighed on investor sentiment.
Read Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45442180/whats-going-on-with-ericsson-stock-on-thursday">What&#8217;s Going On With Ericsson Stock On Thursday?</a>
In particular, declines in <a href="https://www.benzinga.com/news/earnings/25/05/45437447/alibaba-stock-slides-5-after-revenue-miss-cloud-spend-hits-free-cash-flow">logistics revenue</a> and planned pullbacks in direct sales raised concerns about broader macro and consumer demand trends in China.

Why It Matters: As a China-based growth stock, Nio is often viewed in tandem with other major Chinese firms like Alibaba. When a heavyweight like Alibaba underperforms or signals broader economic uncertainty, it tends to trigger sympathy selling across U.S.-listed Chinese equities, especially those tied to consumer demand and domestic growth.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45435725/tariffs-slow-retail-spending-as-producer-prices-post-sharpest-drop-since-2020">Tariffs Slow Retail Spending As Producer Prices Post Sharpest Drop Since 2020</a>
<h2 class="wp-block-heading">How To Buy NIO Stock</h2>
By now you're likely curious about how to participate in the market for NIO &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of NIO, which is trading at $4.0 as of publishing time, $100 would buy you 25.0 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, NIO has a 52-week high of $7.71 and a 52-week low of $3.02.

NIO Stock Is Sliding Thursday: What's Going On?

<ul>
<li>Biofrontera has received patent approval for the revised formulation of Ameluz&#xAE;, which extends patent protection through to December 2043</li>
<li>Ameluz PDT offers the potential for effective treatment of moderate to severe acne without the side effects associated with some systemic therapies4</li>
<li>Approximately 50 million people in the US are suffering from acne vulgaris, including both adolescents and adults1,2</li>
<li>The US acne treatment market was valued at $5.7 billion in 2024 and is growing annually5</li>
</ul>
WOBURN, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Biofrontera Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BFRI#NASDAQ">BFRI</a>), a biopharmaceutical company focused on the development and commercialization of photodynamic therapy (PDT), received confirmation that the updated formulation of the Ameluz&#xAE; nanoemulsion gel without propylene glycol received patent approval through to December 2043. The formulation was earlier accepted for use in Ameluz&#xAE; by the US Food and Drug Administration (FDA) and is in use since 2024. In addition to this long-lasting protection of Ameluz&#xAE; against generic competition, Biofrontera today announced the successful enrollment of the final patient in its Phase 2b clinical trial evaluating Ameluz&#xAE; (aminolevulinic acid hydrochloride) for the treatment of moderate to severe acne vulgaris.

BFRI

Biofrontera Receives Patent Approval For Updated Formulation Of Ameluz Nanoemulsion Gel Without Propylene Glycol, Through To December 2043

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