Dernières nouvelles pour Kaspi.kz (NASDAQ:KSPI) Stock

Kaspi.kz

Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop, and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform that connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.

Joint Stock Company Kaspi.kz - American Depository Shares

Kaspi.kz JSC

BMO Capital analyst Kostas Biliouris upgrades Precision BioSciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTIL#NASDAQ">DTIL</a>) from Market Perform to Outperform and maintains the price target from $34 to $34.

News

Upgrades

Price Target

Analyst Ratings

DTIL

BMO Capital Upgrades Precision BioSciences to Outperform, Maintains Price Target to $34

Baird analyst Jon Vruwink downgrades Q2 Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QTWO#NYSE">QTWO</a>) from Outperform to Neutral and raises the price target from $89 to $99.

Downgrades

QTWO

Baird Downgrades Q2 Holdings to Neutral, Raises Price Target to $99

Shares of Zoomcar Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) rose sharply in today's pre-market trading after the company announced a significant achievement in its financial performance, reporting the highest-ever unaudited and unreviewed contribution profit for <a href="https://www.benzinga.com/25/01/42894964/zoomcar-achieves-highest-ever-december-profit-driven-by-17-increase-in-bookings">December 2024</a>.
The company achieved $494,506 in contribution profit for the month, which was sufficient to cover its operational costs in India. It is to be noted that Zoomcar currently only operates in India and does not incur operational costs in any other country.
Zoomcar Holdings shares jumped 40.5% to $2.50 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Vision Marine Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMAR#NASDAQ">VMAR</a>) gained 102% to $3.07 in pre-market trading after the company partnered with Calip Group to produce advanced cooling plates for electric boat batteries.</li>
<li>Bridger Aerospace Group Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAER#NASDAQ">BAER</a>) gained 56.3% to $4.36 in pre-market trading after surging 12% on Wednesday.</li>
<li>Mars Acquisition Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAI#NASDAQ">STAI</a>) rose 44.5% to $3.15 in pre-market trading after the company announced it sees a growth path after its successful de-SPAC transaction.</li>
<li>Microvast Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) rose 35.3% to $2.53 in pre-market trading after the company announced breakthrough in true all-solid-state battery technology.</li>
<li>Senseonics Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SENS#NYSE">SENS</a>) gained 29.6% to $0.56 in pre-market trading after the company announced business updates including preliminary 2024 results, 365 launch update and cancellation of special meeting.</li>
<li>Precision BioSciences Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTIL#NASDAQ">DTIL</a>) gained 27.3% to $5.73 in pre-market trading after the company's partner iECURE has reported clinical efficacy and safety data in the first patient dosed with ECUR-506 in the phase 1/2 OTC-HOPE study.</li>
<li>Intrusion Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) gained 25% to $2.50 in pre-market trading after falling 23% on Wednesday.</li>
<li>Penguin Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENG#NASDAQ">PENG</a>) gained 15.8% to $22.15 in pre-market trading after the company signed AI data center collaboration agreement with SK Telecom and SK hynix.</li>
<li>Sasol Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSL#NYSE">SSL</a>) gained 12.2% to $4.96 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>IGM Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGMS#NASDAQ">IGMS</a>) fell 66.3% to $2.09 in pre-market trading as the company halted further development of Imvotamab and IGM-2644 and plans reducing its workforce by 73%.</li>
<li>Calidi Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLDI#NASDAQ">CLDI</a>) fell 31.1% to $0.93 in today's pre-market trading after announcing a proposed public offering.</li>
<li>Mercury General Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCY#NYSE">MCY</a>) fell 30.1% to $42.42 in pre-market trading after declining around 6% on Wednesday.</li>
<li>22nd Century Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares fell 29.1% to $5.75 in pre-market trading after surging over 40% on Wednesday.</li>
<li>Aviat Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVNW#NASDAQ">AVNW</a>) fell 25.5% to $14.00 in pre-market trading.</li>
<li>Silo Pharma Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILO#NASDAQ">SILO</a>) dipped 22.2% to $1.33 in pre-market trading. Silo Pharma shares jumped 57% on Wednesday after the company announced it was awarded a US patent for its PTSD treatment titled &#8216;Pharmacological Prophylactics Against Stress-Induced Affective Disorders in Females.&#8217;</li>
<li>CURRENC Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURR#NASDAQ">CURR</a>) shares fell 21.6% to $3.07 in pre-market trading after jumping 182% on Wednesday.</li>
<li>European Wax Center Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>) shares tumbled 20.4% to $5.10 in pre-market trading.</li>
<li>Vinci Partners Investments Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINP#NASDAQ">VINP</a>) shares dipped 15.5% to $8.10 in pre-market trading.</li>
<li>ZIM Integrated Shipping Services Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) declined 7.4% to $19.16  in pre-market trading.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/25/01/42900074/how-to-earn-500-a-month-from-synovus-financial-stock-ahead-of-q4-earnings">How To Earn $500 A Month From Synovus Financial Stock Ahead Of Q4 Earnings</a></li>
</ul>

Pre-Market Outlook

Markets

Movers

Trading Ideas

AVNW

BAER

CLDI

CURE PHARMA HLDG CORP by CURE Pharmaceutical Holding Corp.

CURR

EWCZ

IGMS

INTZ

MVST

Penguin Solutions, Inc. - Ordinary Shares

PENG

SENS

SILO

STAI

VINP

VMAR

XXII

ZCAR

Why Zoomcar Shares Are Trading Higher By Over 40%; Here Are 20 Stocks Moving Premarket

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) continues to &#8220;reshape modern warfare&#8221; despite recent market volatility, with shares down 10.51% year-to-date after surging over 306% in the past year, according to co-founder Joe Lonsdale.
What Happened: &#8220;It&#8217;s great to see Palantir being recognized as an extremely valuable company,&#8221; Lonsdale said during a CNBC <a href="https://www.youtube.com/watch?v=RBAGWBQNogU">appearance</a> on Thursday, highlighting the company&#8217;s $155 billion market capitalization that now exceeds traditional defense contractor Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>).
The data analytics giant&#8217;s rapid growth gained even more momentum after President-elect Donald Trump&#8216;s victory, with shares soaring more than 50% from the election to year-end.
CEO Alex Karp emphasized the <a href="https://www.benzinga.com/markets/equities/24/12/42356725/alex-karp-supports-doge-as-trump-taps-palantirs-shyam-shankar-for-border-security-role-cannot-have-a-better-person-than-musk">company&#8217;s military applications</a>, stating, &#8220;We&#8217;ve managed our model in AI so that it actually delivers value — on the battlefield, to bring soldiers home, to kill enemies, or commercially, to change margins.&#8221;
This transformation from a data organization platform to an AI powerhouse nearly didn&#8217;t happen. Lonsdale revealed on the Shawn Ryan show that Palantir &#8220;came really close to dying&#8221; in its early years before <a href="https://www.benzinga.com/markets/equities/24/12/42570755/joe-lonsdale-reveals-palantirs-close-to-dying-moment-credits-alex-karp-for-securing-key-contracts-with-fbi-and-cia">Karp secured crucial FBI and CIA contracts</a>. &#8220;A few of our top guys were basically ready to quit,&#8221; he recalled, highlighting the company&#8217;s dramatic turnaround.
See Also: <a href="https://www.benzinga.com/news/25/01/42905013/nvidia-slams-bidens-country-specific-chip-rules-legacy-that-will-be-criticized">Nvidia Slams Biden&#8217;s Country-Specific Chip Rules: &#8216;Legacy That Will Be Criticized&#8217;</a>
Wedbush Securities analyst Dan Ives remains bullish, <a href="https://www.benzinga.com/markets/equities/24/12/42696805/palantir-touted-as-next-oracle-by-dan-ives-here-is-why-the-wedbush-analyst-called-the-company-a-table-pounder">predicting 2025 will mark a breakthrough year</a> for Palantir&#8217;s AI platform. The company&#8217;s expanding influence is further evidenced by its recent partnership with Amazon Web Services to provide Anthropic&#8217;s Claude AI models to U.S. intelligence agencies.
Why It Matters: While 44% of Palantir&#8217;s revenue still comes from government contracts, Lonsdale emphasized that the majority of growth now stems from commercial applications. 
This diversification, coupled with the company&#8217;s technological edge over traditional defense contractors, positions Palantir at the forefront of both military modernization and commercial AI deployment despite recent market fluctuations.
&#8220;There&#8217;s a growing recognition worldwide of the need for cutting-edge defense solutions,&#8221; Lonsdale said. &#8220;Interestingly, modest reductions in defense budgets can benefit newer, innovative defense firms. Legacy contractors often operate with inefficiencies that make their solutions far more expensive.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42906684/blue-origin-pushes-new-glenn-launch-to-no-earlier-than-sunday">Jeff Bezos&#8217; Blue Origin Pushes New Glenn Launch To No Earlier Than Sunday Due To Adverse Weather Conditions</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.

Equities

PLTR

Palantir Co-Founder Joe Lonsdale Touts Lead Over Traditional Contractors Amid Stock Dip: Analyst Says 2025 To Be A Breakthrough Year

Amid the ongoing devastation caused by wildfires in Los Angeles, Warren Buffett&#8216;s Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), the nation&#8217;s largest property and casualty insurer, is expected to experience minimal financial impact, while other insurers face significant exposure due to its substantial presence in California&#8217;s homeowners insurance market.
What Happened: Berkshire Hathaway&nbsp;is not a major player in the California homeowners insurance market, hence the impact of the wildfires is expected to be minimal. However, other insurers like&nbsp;Mercury General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCY#NYSE">MCY</a>),&nbsp;Allstate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>),&nbsp;Chubb Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>), and&nbsp;Travelers Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>)&nbsp;could face substantial losses, Barron&#8217;s <a href="https://www.barrons.com/amp/articles/berkshire-hathaway-los-angeles-fire-losses-8e0e5591">reported </a>on Friday.
J.P. Morgan analyst Jimmy Bhullar&nbsp;noted on Thursday that insured losses from the fires might surpass $20 billion, setting a new record for wildfire losses in California. 
Mercury General, heavily reliant on California for its premiums, could be the most vulnerable relative to its size. The company wrote over $700 million in homeowners insurance&nbsp;premiums in the state during&nbsp;the first nine months of&nbsp;2024. Mercury&#8217;s stock fell 6.5% on Wednesday, reflecting investor concerns about its exposure to the fires.
Meanwhile,&nbsp;Berkshire Hathaway could see losses of about $600 million, a minor fraction of its insurance capital. The company might benefit from potential increases in insurance pricing following the fires.
Why It Matters: The ongoing wildfires in Los Angeles have <a href="https://www.benzinga.com/25/01/42899028/la-wildfire-damages-estimated-above-52-billion-california-property-insurance-crisis">caused extensive damage</a>, with estimates suggesting total damages could exceed $52 billion, according to&nbsp;Accuweather. More than 2,000 structures have been damaged or destroyed, with further destruction anticipated as red flag warnings persist.
The fires have ignited concerns among investors regarding the stability of <a href="https://www.benzinga.com/markets/equities/25/01/42906089/california-wildfires-ignite-concerns-for-insurance-stocks-here-are-some-insurance-etfs-which-could-be-impacted">California-based insurance stocks</a> and ETFs. The Eaton and Palisades fires alone have ravaged over 10,000 structures, leading to 10 confirmed fire-related deaths. As the crisis unfolds, insurers like&nbsp;Allstate&nbsp;and&nbsp;Travelers&nbsp;are under scrutiny, given their significant roles in the California market. The California FAIR Plan, a state-backed insurer of last resort, is also heavily involved in insuring homes in the affected areas.
Price Action: As per <a href="https://pro.benzinga.com">Benzinga Pro</a>, on Friday during pre-market hours, Berkshire Hathaway was showing minimal upward movement by 0.022% while Chubb had dropped by 3.60%, Travelers Company was down by 4.85% while Allstate fell by 6.15%. 
Read Also: 
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<li><a href="https://www.benzinga.com/news/earnings/25/01/42906229/dow-surges-over-100-points-following-fed-minutes-investor-sentiment-declines-greed-index-remains-in-fear-zone">Dow Surges Over 100 Points Following Fed Minutes: Investor Sentiment Declines, Greed Index Remains In &#8216;Fear&#8217; Zone</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Representative Image via Wikimedia Commons

General

Warren Buffett's Berkshire Hathaway To Have Minimal Impact From LA Wildfires, But Insurers Like Mercury General, Chubb Face Higher Risk

Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) disclosed an agreement with NASA to include its Neutron rocket under the existing Venture-Class Acquisition of <a href="https://www.benzinga.com/pressreleases/25/01/b42902495/rocket-lab-selected-by-nasa-to-provide-neutron-launch-services-under-vadr-launch-contract" target="_blank" rel="noreferrer noopener">Dedicated and Rideshare contract</a>.
The Neutron, Rocket Lab&#8217;s reusable medium-lift launch vehicle, will enable the company to expand its capabilities by supporting a variety of missions, including CubeSats, Class D missions, and other payload types across multiple orbits.
Neutron is engineered to offer both commercial and government clients a dependable launch solution, with the capacity to deliver up to 13,000 kg to low Earth orbit.
The rocket is specifically suited for deploying satellite constellations, supporting national security missions, and carrying science and exploration payloads.
Beyond customer missions, Neutron plays a critical role in Rocket Lab&#8217;s long-term strategy to become a fully integrated space company, capable of building, launching, and managing its own satellite constellations while providing space-based services.
Rocket Lab has already delivered several VADR missions with its Electron rocket, demonstrating rapid launch turnarounds.
Notably, the company executed consecutive launches for NASA&#8217;s PREFIRE mission within a two-week span and completed back-to-back launches in May 2023 for the TROPICS mission.
Yesterday, the company successfully completed the Preliminary Design Review for the $515 million Space Development Agency contract, advancing design of 18 satellites for U.S. <a target="_blank" href="https://www.benzinga.com/25/01/42900671/rocket-lab-completes-pdr-for-515m-sda-satellite-contract" rel="noreferrer noopener">defense communications and missile tracking</a>.
Investors can gain exposure to the stock via&nbsp;ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) and ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>).
Price Action: RKLB shares are up 4.71% at $28.65 premarket at the last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/general/space/25/01/42859212/rocket-lab-surge-sparks-renewed-interest-in-space-focused-etfs-3-funds-in-focus" target="_blank" rel="noreferrer noopener">Rocket Lab Surge Sparks Renewed Interest In Space-Focused ETFs: 3 Funds In Focus</a></li>
</ul>

Large Cap

Contracts

ARKQ

ARKX

RKLB

Rocket Lab Expands NASA Partnership With Neutron Under VADR Contract

GLXG

Galaxy Payroll Group Says It Has Gained Worldwide Recognition For Its Professional Services And Innovative Solutions

Roth MKM analyst Boobalan Pachaiyappan initiates coverage on Reviva Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVPH#NASDAQ">RVPH</a>) with a Buy rating and announces Price Target of $7.

Initiation

RVPH

Roth MKM Initiates Coverage On Reviva Pharmaceuticals with Buy Rating, Announces Price Target of $7

Truist Securities analyst Asthika Goonewardene initiates coverage on BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) with a Buy rating and announces Price Target of $172.

BNTX

Truist Securities Initiates Coverage On BioNTech with Buy Rating, Announces Price Target of $172

Goldman Sachs analyst Toshiya Hari downgrades Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) from Buy to Neutral and lowers the price target from $175 to $129.

Goldman Sachs Downgrades Advanced Micro Devices to Neutral, Lowers Price Target to $129

Goldman Sachs analyst Toshiya Hari upgrades NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) from Neutral to Buy and lowers the price target from $260 to $257.

NXPI

Goldman Sachs Upgrades NXP Semiconductors to Buy, Lowers Price Target to $257

BMO Capital analyst Etzer Darout downgrades IGM Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGMS#NASDAQ">IGMS</a>) from Outperform to Market Perform and lowers the price target from $21 to $2.

BMO Capital Downgrades IGM Biosciences to Market Perform, Lowers Price Target to $2

Jeff Bezos‘&nbsp;Blue Origin&nbsp;said on Thursday that the company has postponed the first launch of its New Glenn rocket to orbit to no earlier than Jan. 12.
What Happened: Blue Origin was previously looking to launch New Glenn on Friday. The company on Thursday said that they have pushed the date due to a high sea state in the Atlantic where it hopes to land the vehicle&#8217;s booster. 
The three-hour launch window on Sunday will now open at 1 a.m. EST.
The key objective for the mission is to reach orbit safely. The company is also looking to land the booster of the vehicle in the Atlantic Ocean after launch. The company said in a statement that the booster landing is "ambitious but we are going for it"
&#8220;This is our first flight and we&#8217;ve prepared rigorously for it,&#8221; said&nbsp;Jarrett Jones, SVP, New Glenn. &#8220;But no amount of ground testing or mission simulations is a replacement for flying this rocket. It&#8217;s time to fly. No matter what happens, we&#8217;ll learn, refine, and apply that knowledge to our next launch.&#8221;
Why It Matters:&nbsp;The Federal Aviation Administration (FAA) authorized the first launch of Blue Origin&#8217;s&nbsp;<a href="https://www.benzinga.com/news/24/09/40868010/jeff-bezos-blue-origin-names-new-glenn-1s-first-booster-so-youre-telling-me-theres-a-chance-heres-wh" target="_blank" rel="noreferrer noopener">New Glenn vehicle</a>&nbsp;in late December. The commercial space launch license,&nbsp;<a href="https://www.benzinga.com/24/12/42712726/jeff-bezos-blue-origin-gets-license-from-faa-for-new-glenn-maiden-launch" target="_blank" rel="noreferrer noopener">valid for five years</a>, allows Blue Origin to conduct orbital missions from the Cape Canaveral Space Force Station in Florida with the New Glenn.
New Glenn is a reusable heavy-lift rocket named after&nbsp;John Glenn, the first American to orbit Earth. The development of the vehicle, expected to compete with SpaceX&#8217;s Falcon launch vehicle, has been delayed for years.
New Glenn, unlike Blue Origin&#8217;s New Shepard vehicle, can reach the Earth&#8217;s orbit and beyond.&nbsp;<a href="https://www.benzinga.com/news/24/05/38909990/90-year-old-breaks-record-as-oldest-astronaut-with-blue-origins-launch" target="_blank" rel="noreferrer noopener">New Shepard</a>, meanwhile, can only reach the edge of space.
New Glenn&#8217;s first launch will mark the rocket's first National Security Space Launch certification flight. It will carry the company's Blue Ring Pathfinder – developed by&nbsp;<a href="https://www.benzinga.com/news/24/05/38909990/90-year-old-breaks-record-as-oldest-astronaut-with-blue-origins-launch" target="_blank" rel="noreferrer noopener">Blue Origin's</a>&nbsp;In-Space Systems business unit – as a payload.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/01/42905406/tesla-launches-refreshed-model-y-in-china-amid-rising-competition">Tesla Launches Refreshed Model Y In China Amid Rising Competition</a></li>
</ul>
Photo courtesy: Blue Origin

SPACE

Tech

Jeff Bezos' Blue Origin Pushes New Glenn Launch To No Earlier Than Sunday Due To Adverse Weather Conditions

Anthony Scaramucci, CEO of investment firm SkyBridge Capital, discussed his take-profit strategy for cryptocurrencies on Thursday, stating that he will not sell his Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) but rather target altcoins such as Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) in the long run.
What happened: During an interview with the Altcoin Daily, the popular cryptocurrency advocate was asked about signals he looks for before deciding to offload some of his holdings.
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"I think the market will mature around Bitcoin and there will be Bitcoin lending and there will be Bitcoin earning that is similar to the banking industry," Scaramucci responded.
He deemed Bitcoin as a form of hard currency, or cash, around which markets will mature, and hence he won't sell his Bitcoin anytime soon.
Scaramucci revealed that a little over 55% of his net wealth is tied up in Bitcoin.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42890745/us-government-granted-permission-to-liquidate-65-billion-in-bitcoin-seized-from-silk-road-case-report">US Government Silk Road Bitcoin Holdings Drop To 0 Amid Report DOJ Approved To Sell $6.5 Billion Worth Of Crypto</a>
As far as altcoins were concerned, Scaramucci confessed that he has set price targets, but they are very high.
He set a goal of $2,500 for Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), the sixth-largest cryptocurrency by market capitalization.&nbsp;
"I don&#8217;t see that happening today, but I see that over five or eight years," the former White House Communications Director stated.
Scaramucci added that he has also staked Solana for long-term returns.&nbsp;
Why It Matters: A passionate Bitcoin advocate, Scaramucci expected the apex cryptocurrency t<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42024635/scaramucci-trumps-crypto-support-could-push-bitcoin-to-150k">o surge to $150,000</a> should the regulatory environment turn favorable under the incoming Donald Trump administration.
Moreover, he has defended MicroStrategy&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42638902/scaramucci-defends-microstrategys-bitcoin-strategy-predicts-long-term-crypto-growth">leveraged Bitcoin buying strategy</a>, arguing that the narrative that Bitcoin drops will force the company to liquidate its stash is exaggerated.
Scaramucci also revealed <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40973470/anthony-scaramucci-discloses-holding-a-lot-of-solana-backs-the-ethereum-killer-network-to-">owning "a lot of" Solana</a> previously.
Price Action: At the time of writing, Bitcoin was exchanging hands at $94,638.92, up 1.87% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Solana was trading at $191.99, up 1.29% in the 24-hour period.
Read Next:&nbsp;
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</ul>
Photo courtesy: Shutterstock

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

Cryptocurrency

$BTC

$SOL

Anthony Scaramucci Was Asked About His Profit-Taking Strategy On Bitcoin, Altcoins: Here's What He Said

<a href="https://x.com/mingchikuo/status/1877566021445497084" title="https://x.com/mingchikuo/status/1877566021445497084">https://x.com/mingchikuo/status/1877566021445497084</a>
<a href="https://x.com/mingchikuo/status/1877566021445497084" title="https://x.com/mingchikuo/status/1877566021445497084">https://x.com/mingchikuo/status/1877566021445497084</a>

TSLA

Analyst Ming-Chi Kuo On X Earlier Said Even With Revamped Model Y, Tesla's Production In Q125 Is Expected To Drop By 10% QoQ, 5% YoY Due To Global Economy, Seasonality; Production Visibility For More Affordable New Model May Not Enter Mass Production In 2025

Piper Sandler analyst Arvind Ramnani reiterates Intuit (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) with a Overweight and maintains $765 price target.

Reiteration

INTU

Piper Sandler Reiterates Overweight on Intuit, Maintains $765 Price Target

SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) reported quarterly losses of $(0.08) per share. This is a 100 percent decrease over losses of $(0.04) per share from the same period last year. The company reported $1.32 million in sales this quarter. This is a 8.88 percent decrease over sales of $1.45 million the same period last year.

Earnings

LEDS

SemiLEDs Q4 EPS $(0.08) Down From $(0.04) YoY, Sales $1.32M Down From $1.45M YoY

U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) will release its fourth-quarter financial results before the <a href="https://www.benzinga.com/quote/usb/earnings">opening bell on Thursday, Jan. 16</a>.
Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings at $1.05 per share, up from 49 cents per share in the year-ago period. U.S. Bancorp projects quarterly revenue of $6.99 billion, compared to $6.73 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Oct. 16, the company reported third-quarter adjusted earnings per share of $1.03, beating the analyst consensus estimate of 99 cents.
U.S. Bancorp shares fell 0.4% to close at $48.52 on Wednesday&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; .
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/USB/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Oppenheimer analyst Chris Kotowski maintained an Outperform rating and cut the price target from $66 to $62 on Jan. 3, 2025. This analyst has an accuracy rate of 86%.</li>
<li>DA Davidson analyst Peter Winter upgraded the stock from Neutral to Buy and raised the price target from $58 to $60 on Jan. 2, 2025. This analyst has an accuracy rate of 70%.</li>
<li>Raymond James analyst Michael Rose upgraded the stock from Market Perform to Outperform with a price target of $57 on Dec. 19, 2024. This analyst has an accuracy rate of 68%.</li>
<li>Compass Point analyst David Rochester maintained a Buy rating and increased the price target from $49 to $60 on Dec. 10, 2024. This analyst has an accuracy rate of 65%.</li>
<li>Piper Sandler analyst Scott Siefers maintained a Neutral rating and raised the price target from $52 to $58 on Dec. 3, 2024. This analyst has an accuracy rate of 70%.</li>
</ul>
Considering buying USB stock? Here&#8217;s what analysts think:
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U.S. Bancorp Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

MESO

Trading Halt: Halted at 4:00:59 a.m. ET - Trading Halt: Halt News Pending

MDRRP

Trading Halt: Halted at 3:58:17 a.m. ET - Trading Halt: Halt News Pending

Joint Stock Company Kaspi.kz goes ex dividend tomorrow

Kaspi.kz JSC Sponsored ADR RegS (KSPI) has released an update. Kaspi.kz JSC announced significant decisions from its recent Extraordinary General M...

Kaspi.kz Announces Dividends and Strategic Acquisition

Kaspi.kz (KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 19 November 2024: To approve the ...

Kaspi.kz announces general meeting results

SoFi Technologies: The Ride Higher Isn't Over Yet

Kaspi.kz JSC (KSPI) is the payment, marketplace, and Fintech ecosystem in Kazakhstan. Kaspi.kz's share price rose 13.8% in the past year from $96.00 to $109.25 as of Tuesday's market close.

Current Report: Kaspi.kz

JPMorgan lowered the firm's price target on Kaspi.kz to $137 from $154 and keeps an Overweight rating on the shares. The firm updated financial tec...

Kaspi.kz price target lowered to $137 from $154 at JPMorgan

Upstart, LendingClub downgraded at J.P. Morgan amid fintech caution

J.P. Morgan's top Technology stocks for 2025

THE LAWSUIT: A class action securities lawsuit was filed against Joint Stock Company Kaspi.kz (KSPI) that seeks to recover losses of Joint Stock Co...

February 18, 2025 Deadline: Contact Levi & Korsinsky LLP to Join Class Action Suit Against  KSPI

Kaspi.kz Has Flourished With Growth, But Long-Term Future May Depend On Overseas Expansion

AFRM

ALLY

ARMK

AVGO

CACC

CMPGF

CYBR

DELL

GWRE

HUBS

KLAC

KSPI

MNDY

SHOP

SNPS

SOFI

UPST

Legal

Press Releases

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Kaspi, Applied Therapeutics, Nextracker, and Transocean and Encourages Investors to Contact the Firm

Deadline Alert: Joint Stock Company Kaspi.kz (KSPI) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Joint Stock Company Kaspi.kz - KSPI

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Joint Stock Company Kaspi.kz - KSPI

Shareholders of Joint Stock Company Kaspi.kz Should Contact Levi & Korsinsky Before February 18, 2025 to Discuss Your Rights – KSPI

Joint Stock Company Kaspi.kz Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before February 18, 2025 to Discuss Your Rights - KSPI

DEADLINE ALERT for MGPI, APLT, and KSPI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

ROSEN, THE FIRST FILING FIRM, Encourages Joint Stock Company Kaspi.kz Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KSPI

KSPI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Joint Stock Company Kaspi.kz Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

February 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against  KSPI

APLT

MGPI

Lufax Holding Ltd American Depositary Shares, each representing two (2) Ordinary Shares

Lufax Holding

LexinFintech Holdings Ltd. - American Depositary Shares

LexinFintech Holdings

Metalpha Technology Holding Limited - Ordinary Shares

Metalpha Technology

Medallion Finl

MoneyLion

Navient

Nelnet

Nerdwallet

Old Market Capital Corporation - Common Stock

Old Market Capital

OneMain Holdings

OppFi

Oportun Financial Corporation - common stock

Oportun Financial

PRA Group

PROG Holdings

Pintec Technology Holdings Limited - American Depositary Shares

Pintec Technology Hldgs

Qudian Inc. American Depositary Shares, each representing one Class A Ordinary Share

Qudian

Qifu Technology, Inc - American Depositary Shares

Qifu Technology

Regional Mgmt

SoFi Techs

Synchrony Finl

LendingTree

Upstart Hldgs

World Acceptance Corporation - Common Stock

World Acceptance

X Financial American Depositary Shares, each representing six Class A Ordinary Shares

X Financial

Yiren Digital Ltd. American Depositary Shares, each representing two ordinary shares

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