Dernières nouvelles pour  (OTC:ITIPF) Stock

Brag House Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBH#NASDAQ">TBH</a>) ("Brag House" or the "Company"), the premier Gen Z engagement platform that operates at the intersection of gaming, college sports, and social interaction, today announced an update on its investigation into recent trading activity in its stock. With assistance from its outside advisors, the Company's investigation has identified preliminary data suggesting the Company may have been the subject of illegal naked short selling. Accordingly, today the Company sent letters to the SEC, FINRA, and Nasdaq regarding these preliminary findings and requested they open an immediate investigation into the suspected trading activity.
Naked short sales take time to verify, but preliminary financial indicators cause the Company to believe that abusive naked short selling may have occurred. Naked short selling is illegal and damages stockholder value in a company by artificially pushing its stock price down. Common indicators of abusive naked short selling include unusually high trading volume, high financing rates to borrow stock, and persistent failures to deliver that culminate in significant downward pressure on a company's stock price.

News

Short Sellers

Management

Brag House Launches Investigation Into Suspected Illegal Naked Short Selling, Cites Preliminary Evidence Of Abusive Trading Activity And Urges SEC, FINRA, And Nasdaq To Initiate Immediate Probe Into Unusual Volume, Stock Borrowing Rates, And Price Pressure

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tivichealth.com%2F&amp;esheet=54254631&amp;newsitemid=20250514637661&amp;lan=en-US&amp;anchor=Tivic+Health%26%23174%3B+Systems%2C+Inc.&amp;index=1&amp;md5=d4aba0585fc1d150035e1c00a7f0e1c0">Tivic Health&#xAE; Systems, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIVC#NASDAQ">TIVC</a>), a diversified therapeutics company, announced today it has entered a definitive agreement with Scorpius BioManufacturing to complete the GMP manufacturing validation of the lead candidate from its TLR5 program, Entolimod&#x2122;, for treatment of Acute Radiation Syndrome, or ARS, in preparation for filing a Biological Licensing application, or BLA, with the U.S. Food &amp; Drug Administration.
Scorpius BioManufacturing, Inc. is an integrated contract development and manufacturing organization (CDMO) and subsidiary of Scorpius Holdings Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SCPX#OTC">SCPX</a>), which will be the primary U.S. manufacturer for Entolimod&#x2122;. Scorpius plans to utilize its scientific and technical expertise to validate the commercial manufacturing process for Tivic's lead candidate, Entolimod&#x2122;.
The GMP Validation Program is valued at approximately $4.1 million and is inclusive of the following activities: cell line verification, legacy process verification, GMP scale-up production, drug product fill and finish, analytical development and qualification, and finally upstream and downstream optimization of the process. All of these activities are designed to ensure Tivic submits to the FDA a complete CMC (chemistry, manufacturing, and control) package for its Entolimod BLA.

SCPX

TIVC

Tivic Health Advances Entolimod Toward FDA BLA Filing With GMP Manufacturing Validation

Wells Fargo analyst Gabe Hajde downgrades Magnera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAGN#NYSE">MAGN</a>) from Overweight to Equal-Weight and lowers the price target from $22 to $16.

Downgrades

Price Target

Analyst Ratings

MAGN

Wells Fargo Downgrades Magnera to Equal-Weight, Lowers Price Target to $16

CSP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSPI#NASDAQ">CSPI</a>) reported quarterly losses of $(0.01) per share. This is a 106.25 percent decrease over earnings of $0.16 per share from the same period last year. The company reported $13.15 million in sales this quarter. This is a 4.08 percent decrease over sales of $13.71 million the same period last year.

Earnings

CSPI

CSP Q2 EPS $(0.01) Down From $0.16 YoY, Sales $13.15M Down From $13.71M YoY

Biotech

General

ERNA

Ernexa Therapeutics Establishes Texas Subsidiary To Support Ongoing Development Of ERNA-101 And Future Clinical Operations

SAIH

SAIHEAT Receives Invention Patent Authorization Notice For Its 'Control Rod Drive Mechanism for Small Modular Pressurized Water Reactors (SMRs).'

STRR

Star Equity Hldgs Q1 2025 Adj. EPS $(0.52) Misses $(0.25) Estimate, Sales $12.92M Miss $16.35M Estimate

The conversion of a Qatari 747 jet into the&nbsp;new Air Force One for&nbsp;President Donald Trump could&nbsp;cost over $1 billion and&nbsp;take several years, according to aviation experts.
What Happened: Several aviation experts have cautioned that converting a 13-year-old jet owned by Qatar into the new Air Force One could end up costing U.S. taxpayers hundreds of millions of dollars over a period of time. The refurbishment of the commercial plane, currently valued at $400 million, would exceed its present worth, <a href="https://www.nbcnews.com/politics/national-security/turning-qatari-747-air-force-one-cost-1-billion-take-years-experts-say-rcna206582">reported</a> NBC News.
Richard&nbsp;Aboulafia, managing director at&nbsp;AeroDynamic Advisory, stated that the conversion process would be complex and time-consuming. According to Aboulafia, the Qatari jumbo jet would have to be extensively dismantled to eliminate any security risks, then equipped with expensive, advanced systems for secure government communication and defense—potentially pushing the project timeline into the 2030s. 
Hence, it might not be finished before Trump&#8217;s term ends in 2029. The plane is then expected to be transferred to his presidential library foundation.
Aviation experts have questioned the financial and practical sense of the project, given that Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is already working on&nbsp;multi-year project is underway to convert two 747s as replacements for the current Air Force One aircraft. Boeing, the original manufacturer, is expected to secure the contract to refurbish the Qatari 747.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/05/45395189/mark-cuban-takes-a-jab-at-howard-lutnick-in-which-time-share-company-is-he-going-to-get-a-job-in-sales-at" target="_blank" rel="noreferrer noopener">Mark Cuban Takes A Jab At Howard Lutnick, &#8216;In Which Time Share Company Is He Going To Get A Job In Sales At&#8217;</a>
Why It Matters: The proposed conversion of the Qatari jet has been a subject of controversy since President Trump&#8217;s acceptance of the $400 million gift from Qatar&#8217;s royal family. 
Critics, including former Republican presidential contender Nikki Haley and former Treasury Secretary Larry Summers, have <a href="https://www.benzinga.com/news/25/05/45400944/as-nikki-haley-slams-trumps-400-million-boeing-jet-gift-from-qatar-bill-ackman-cites-national-security-implications-only-a-fool-would-not-accept-this-says-president">voiced </a>concerns about the implications for national security and potential corruption. The<a href="https://www.benzinga.com/25/05/45338985/trump-reportedly-set-to-accept-flying-palace-from-qatar-white-house-says-lavish-gift-of-boeing-jumbo-jet-complies-with-all-applicable-laws"> lavish gift </a>was defended by the Trump administration as complying with all applicable laws.
Meanwhile, President Trump defended the gift and clarified on Truth Social that the aircraft was being given to the Department of Defense and not him. He further mentioned that it would be temporarily used as Air Force One until Boeing delivers, while adding that the gift was saving taxpayers money.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/25/05/45314762/charlie-munger-was-once-asked-why-warren-buffett-was-so-much-richer-and-replied-he-got-an-earlier-start-before-adding-why-was-albert-einstein-poorer-than-i-was" target="_blank" rel="noreferrer noopener">Charlie Munger Was Once Asked Why Warren Buffett Was So Much Richer — He Replied, &#8216;He Got An Earlier Start,&#8217; Then Added, &#8216;Why Was Albert Einstein Poorer Than I Was?&#8217; &#8211; Benzinga</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.

Politics

Markets

Tech

Trump's Qatar Jet Gift Could Cost Taxpayers $1 Billion — And He Still May Not Be Able To Use It This Term, Say Experts

DeFi Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFDV#NASDAQ">DFDV</a>) reported quarterly losses of $(0.55) per share. This is a 21.43 percent increase over losses of $(0.70) per share from the same period last year. The company reported $287.17 thousand in sales this quarter. This is a 30.15 percent decrease over sales of $411.14 thousand the same period last year.

DFDV

DeFi Development Q1 EPS $(0.55) Up From $(0.70) YoY, Sales $287.17K Down From $411.14K YoY

BLUE

Carlyle, SK Capital Partners And bluebird bio Amend Merger Agreement; Stockholders May Elect To Receive Either $3/Share Plus CVR Of $6.84/Share In Cash Payable Upon Achievement Of A Net Sales Milestone Or $5/Share With No CVR

Vuzix&#xAE; Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VUZI#NASDAQ">VUZI</a>), ("Vuzix"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies and Himax Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIMX#NASDAQ">HIMX</a>) ("Himax"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the joint debut of a next-generation AR optical module at Display Week 2025, one of the premier symposiums and exhibitions in the display industry and taking place May 11–16, 2025 in San Jose, California. The demonstration features Himax's latest ultra-luminous, miniature Dual-Edge Front-lit LCoS microdisplay seamlessly integrated with Vuzix' production-ready waveguides.&nbsp;Together, the technologies form a fully integrated module that delivers breakthrough brightness and power efficiency in an unparalleled compact design, enabling sleek, lightweight AR glasses for both enterprise and consumer applications. This co-design initiative, scheduled for commercial release at the end of 2025, focuses on optimizing optical performance to deliver industry-leading visual quality.

HIMX

VUZI

Vuzix And Himax Technologies Announce Joint Debut Of Next-Gen AR Optical Module At Display Week 2025

William Blair analyst Brian Weinstein downgrades Biodesix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDSX#NASDAQ">BDSX</a>) from Outperform to Market Perform.

BDSX

William Blair Downgrades Biodesix to Market Perform

Buybacks

Spruce Power Holding Corporation Class A Common Stock

SPRU

Spruce Power Announces $50M Share Repurchase Program

Partnership enables customers to modernize their on-premises data lakes by combining the power of Informatica's Intelligent Data Management Cloud platform with the Databricks Data Intelligence Platform to provide a complete data foundation for their future analytics and AI workloads
Informatica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NYSE">INFA</a>), an AI-powered enterprise cloud data management leader, today announced an expanded partnership with Databricks, the data and AI company, that enables customers to modernize their on-premises, Hadoop-based data lakes with a powerful combination of Informatica's Intelligent Data Management Cloud&#x2122; platform and the Databricks Data Intelligence Platform, providing a solid foundation for analytics and AI workloads. The announcement was made today at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.informaticaworld.com%2F&amp;esheet=54252515&amp;newsitemid=20250514768558&amp;lan=en-US&amp;anchor=Informatica+World&amp;index=1&amp;md5=b6ae59df03dc1b6175416fd515e5babc">Informatica World</a> in Las Vegas.
Informatica also announced its CLAIRE Modernization Agent, a first-of-its-kind AI Agent to automate the migration of on-premises Data Engineering workloads to Informatica's Cloud Data Management platform. This is a key milestone that enables Informatica Big Data Engineering and Data Engineering and Integration customers to seamlessly transition from expensive and complex Hadoop-based data lakes and modernize to Informatica's platform and the Databricks Data Intelligence Platform.

INFA

Informatica Expands Partnership With Databricks To Enable Customers Migrate To Modern, AI-powered Cloud Data Management Platform

Boehringer Will Have Access To Tempus' De-identified Database Containing Molecular, Clinical, And Imaging Data And Its Analytical Platform, Lens As Part Of Collaboration

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/05/13/final-trades-uber-alphabet-banco-santander-and-leidos-holdings.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown, CEO of Ritholtz Wealth Management, said Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) is now the third best-performing stock on the S&amp;P 500. 
The stock, which is up 51% year-to-date,<a href="https://www.benzinga.com/quote/UBER"> has surged to fresh record highs and looks &#8220;incredible.&#8221;</a>
As per the recent news, Uber, on Tuesday, announced the pricing of $1 billion exchangeable senior notes offering.
Jim Lebenthal of Cerity Partners said Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) is still undervalued and believes too much of the competitive threat is priced in at this price.
DA Davidson analyst Gil Luria has proposed that Alphabet should contemplate splitting up Google's various businesses to enhance its overall value. This recommendation comes amid Google's struggle to retain its supremacy in the search engine market due to the rise of AI chatbots.
Don't forget to check out our<a href="https://www.benzinga.com/premarket/"> premarket coverage here</a>
Amy Raskin, CIO at Chevy Chase Trust, said Banco Santander, S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAN#NYSE">SAN</a>), which is up around 60% year-to-date, is trading at less than 8 times earnings.
Shares of Amazon.com rose sharply on Monday after the U.S. and China announced a temporary easing of tariffs, marking a significant step toward de-escalating long-standing trade tensions. The move lifted investor sentiment across sectors and boosted shares of companies heavily reliant on global supply chains.
On the earnings front, Banco Santander, on April 30, reported mixed first-quarter financial results.
Stephen Weiss, Chief Investment Officer and Managing Partner of Short Hills Capital Partners, named Leidos Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDOS#NYSE">LDOS</a>) as his final trade.
Leidos, on May 6, reported first-quarter fiscal 2025 results on Tuesday. The company reported a quarterly revenue growth of 7% year-over-year to $4.25 billion, beating the analyst consensus estimate of $4.10 billion. The stock price gained after the report.
Price Action:
<ul class="wp-block-list">
<li>Uber shares gained 4.1% to close at $91.72 on Tuesday.</li>
<li>Alphabet shares rose 0.7% to settle at $159.53 during Tuesday's session.</li>
<li>Banco Santander shares gained 1.9% to close at $7.57 on Tuesday.</li>
<li>Leidos shares fell 0.4% to $155.43 during the session.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/25/05/45373483/top-2-materials-stocks-that-may-keep-you-up-at-night-in-may">Top 2 Materials Stocks That May Keep You Up At Night In May</a></li>
</ul>
Image: Shutterstock

Media

Trading Ideas

GOOG

GOOGL

LDOS

UBER

Alphabet, Uber, Leidos And A Financial Stock On CNBC's 'Final Trades'

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Endeavour Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXK#NYSE">EXK</a>) with a Buy and maintains $7.25 price target.

Reiteration

HC Wainwright & Co. Reiterates Buy on Endeavour Silver, Maintains $7.25 Price Target

&#8220;Shelves will be empty,&#8221; was the blunt warning delivered by the CEOs of 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>) to U.S. President Donald Trump during a private Oval Office meeting in early April.
In response to mounting pressure from retailers and economic indicators, the U.S. and China reached an agreement on May 12, to reduce tariffs for a 90-day period. Under this deal, U.S. tariffs on Chinese goods will decrease from 145% to 30%, while China&#8217;s tariffs on American imports will drop from 125% to 10%.&nbsp;
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This temporary reprieve aims to alleviate immediate economic strains and provides a window for further negotiations toward a comprehensive trade agreement.
<h2 class="wp-block-heading">Tariff Tension Shakes Retailers And Rattles Wall Street</h2>
Trump&#8217;s sweeping tariff announcement on April 2, dubbed &#8220;Liberation Day,&#8221; slapped a 145% duty on Chinese goods to revive domestic manufacturing.&nbsp;
However, the move triggered an immediate backlash from the retail and financial markets. The Dow Jones Industrial Average plunged more than 1,600 points that day, one of the worst market drops since 2020.
Speaking privately at a JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) event later that week, Treasury Secretary Scott Bessent said, &#8220;Neither side thinks the status quo is sustainable,&#8221; referring to the escalating trade war with China according to a transcript obtained by the <a href="https://apnews.com/article/66668fa26957ece530a250fa8ea19faa">Associated Press,</a> which also quoted him calling the China talks &#8220;a slog.&#8221;&nbsp;
Trending: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
Inside the Oval Office, the tone was even more urgent. According to sources cited by<a href="https://www.cbsnews.com/news/walmart-target-trump-tariff-supply-chains/"> CBS News</a>, the CEOs – Walmart's Doug McMillont, Target's Brian Cornell, and Ted Decker of Home Depot – emphasized that while prices were stable for now, that wouldn&#8217;t last.
&#8220;The big box CEOs flat out told him [Trump] the prices aren&#8217;t going up; they&#8217;re steady right now, but they will go up. And this wasn&#8217;t about food. But he was told that the shelves will be empty,&#8221; one administration official told<a href="https://www.axios.com/2025/04/23/trump-economy-tariffs-china-powell"> Axios</a>.&nbsp;
The outlet also reported that, according to another official briefed on the meeting, the executives said supply disruptions could become visible within two weeks if the tariffs remained in place.&nbsp;
Meanwhile, the broader U.S. economy was feeling the pressure. China&#8217;s factory activity contracted significantly in April, with the country&#8217;s official Purchasing Managers&#8217; Index falling to 49.0. This signaled a slowdown in global manufacturing as U.S. orders declined, according to the <a href="https://www.stats.gov.cn/english/PressRelease/202505/t20250507_1959690.html">official survey</a> by the China Federation of Logistics and Purchasing, published on May 7 .
On the home front, the U.S. economy shrank by 0.3% in the first quarter—the first contraction in three years.
Amid this uncertainty, Trump made headlines again when he said he had &#8220;no intention&#8221; of firing Federal Reserve Chair Jerome Powell, easing concerns over central bank independence. The reassurance helped markets rebound temporarily.
See Also: <a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a>
Companies were also reacting to prolonged trade tensions. In 2024, Skechers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>)<a href="https://investors.skechers.com/press-releases/detail/665/skechers-agrees-to-be-acquired-by-3g-capital"> </a>&nbsp;reported $1,218.2 million in <a href="https://investors.skechers.com/financial-data/all-sec-filings/content/0000950170-25-015399/skx-ex99_1.htm">sales from China</a>—13.6% of its $8,969.4 million global revenue. The company, heavily reliant on <a href="https://investors.skechers.com/financial-data/all-sec-filings/content/0001193125-14-077061/d647920d10k.htm">Chinese imports</a>, faced rising U.S. tariffs that drove up costs and disrupted operations.&nbsp;
Skechers, alongside 75 other footwear companies including Nike and Adidas America, <a href="https://fdra.org/wp-content/uploads/2025/04/April-29-Footwear-POTUS-Letter.pdf">signed a letter</a> dated 29 April from the Footwear Distributors and Retailers of America urging President Trump to exempt shoes from reciprocal tariffs. Skechers also withdrew its full-year outlook via an April 24 <a href="https://investors.skechers.com/press-releases/detail/663/skechers-announces-first-quarter-2025-financial-results-and">press release</a>.&nbsp;
Soon after, it <a href="https://investors.skechers.com/press-releases/detail/665/skechers-agrees-to-be-acquired-by-3g-capital">announced </a>a $63-per-share cash acquisition by 3G Capital—a 30% premium—citing global brand momentum.
In response to the escalating pressure, Trump unveiled a 90-day tariff pause on April 9 for most U.S. trade partners—excluding China. This shift helped the S&amp;P 500 post its biggest one-day gain since 2008.
Still, market analysts urge caution. Sevens Report Research President Tom Essaye told<a href="https://www.marketwatch.com/story/why-the-stock-rally-may-be-in-trouble-after-the-white-house-backtracked-on-tariffs-147a4ca0"> MarketWatch</a> on May 5 that tariff reprieve may be temporary and that higher trade barriers will continue to weigh on economic growth.
Read Next:
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<li>Nancy Pelosi Invested $5 Million In An AI Company Last Year — <a href="https://www.benzinga.com/money/elf-labs-ym?v=123">Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.</a></li>
<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>
</ul>
Image: Shutterstock

Personal Finance

Walmart, Target, Home Depot CEOs Tell Trump Prices Will Rise — 'Shelves Will Be Empty' If Tariffs Persist

UBS analyst Douglas Harter upgrades Chimera Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIM#NYSE">CIM</a>) from Neutral to Buy and raises the price target from $11.5 to $15.

Upgrades

UBS Upgrades Chimera Investment to Buy, Raises Price Target to $15

Mesa Air Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESA#NASDAQ">MESA</a>) reported $115.26 million in sales this quarter. This is a 0.78 percent increase over sales of $114.37 million the same period last year.

MESA

Mesa Air Gr Q4 Sales $115.26M Up From $114.37M YoY

BlackRock iShares USD TIPS 0-5 UCITS ETF USD (Dist)

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