Dernières nouvelles pour Net Lease Office (NYSE:NLOP) Stock

NET LEASE OFFICE PROPERTY

Net Lease Office Properties is a Maryland real estate investment trust that, together with its consolidated subsidiaries, owns a diversified portfolio of office properties that are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its net leases generally specify a base rent with rent increases and require the tenant to pay substantially all costs associated with operating and maintaining the property. Its portfolio includes approximately 1.2 million square feet of Green-Certified Buildings, 2 LEED-certified buildings, and 1 BREEAM-certified building.

Net Lease Office Properties Common Shares of Beneficial Interest

Net Lease Office Properties

Macro Economic Events

News

Rumors

Politics

Global

Economics

General

Traders Circulating X Posts Saying 'Business Council Of Canada Says Canada's Carney Should Drop Digital Tax'

BofA Securities analyst Peter T. Galbo reiterated the Buy rating on Primo Brands Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRMB#NYSE">PRMB</a>), with a <a href="https://www.benzinga.com/quote/PRMB/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast of $42.</a>
Galbo noted that Primo Brands shares saw a brief rebound after weak performance in early June, supported by slightly improved one-week scanner data — but much of that gain was erased following another slowdown the next week.
The analyst reminded investors that the second and third quarters account for about 53% of the company&#8217;s annual sales, and that NielsenIQ scanner data is updated every two weeks.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45933184/primo-brands-under-pressure-in-recent-weeks-analyst-blames-cool-wet-weather" rel="noreferrer noopener">Primo Brands Under Pressure In Recent Weeks? Analyst Blames Cool, Wet Weather</a>
According to Galbo, bottled water demand is closely tied to both temperature and rainfall patterns.
As part of his ongoing coverage, he plans to examine recent U.S. weather trends and share upcoming forecasts from the National Oceanic &amp; Atmospheric Administration.
Galbo reviewed recent scanner data, noting that the 8% year-over-year sales decline for the week ending May 31 was mainly driven by poor weather, especially in the Northeast.
Sales trends improved slightly the following week, with a 1% decline as conditions improved, but fell again in the week ending June 14 with a 4.5% drop.
Looking ahead, Galbo expects next week's data for the week ending June 21 to show a modest rebound, thanks to hotter and drier weather across key regions served by Arrowhead and Ozarka.
While Deer Park and Poland Spring markets also experienced warmer-than-normal conditions, the impact on demand is less certain.
The analyst added that the Northwest heatwave could help sustain sequential gains, and data for the week ending June 28 may reflect a lift from the recent Northeast heatwave.
Galbo pointed to NOAA's six–10 day forecast, which continues to show elevated temperatures across much of the U.S.—particularly in the North and Southeast (covering Poland Spring and Deer Park), as well as the West Coast, Texas and Florida (key markets for Arrowhead, Ozarka and Zephyrhills).
Rainfall is expected to remain only slightly above average in most regions, with heavier precipitation limited to less densely populated states where Arrowhead is sold.
PRMB Price Action: Primo Brands shares are trading higher by 0.65% to $29.27 at publication on Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46148241/online-gambling-giants-keep-beating-the-odds-even-as-tax-crackdown-looms" target="_blank" rel="noreferrer noopener">Online Gambling Giants Keep Beating The Odds, Even As Tax Crackdown Looms</a></li>
</ul>
Photo: Courtesy Primo Brands

Equities

Price Target

Markets

Analyst Ratings

Trading Ideas

PRMB

Is Bad Weather Drying Up Sales For Bottled Water Supplier Primo Brands?

Dow Jones Cites Canada's PM Mark Carney Saying "These Are 'Complex' Talks With US on Tariff Row", "Will Proceed in Best Interests of Country"

WIIM

EPAC

Enerpac Tool Group shares are trading lower. The company reported Q3 financial results.

EMCOR Group shares are trading higher after Baird initiated coverage with an Outperform rating and announced a price target of $560.

In the current market session, Cavco Indus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVCO#NASDAQ">CVCO</a>) share price is at $426.02, after a 0.27% spike. Moreover, over the past month, the stock fell by 2.07%, but in the past year, spiked by 25.85%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1751050850_0.png" alt="Past Year Chart" />

<h3>Cavco Indus P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Cavco Indus has a better P/E ratio of 20.52 than the aggregate P/E ratio of 8.99 of the Household Durables industry. Ideally, one might believe that Cavco Indus Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1751050850_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

CVCO

A Look Into Cavco Indus Inc's Price Over Earnings

National Fuel Gas's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NFG#NYSE">NFG</a>) short percent of float has fallen 6.44% since its last report. The company recently reported that it has 2.32 million shares sold short, which is 3.05% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.81 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>National Fuel Gas Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751050829_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for National Fuel Gas has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing National Fuel Gas's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, National Fuel Gas's peer group average for short interest as a percentage of float is 3.90%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Is National Fuel Gas Gaining or Losing Market Support?

Las Vegas Sands's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) short percent of float has risen 11.04% since its last report. The company recently reported that it has 18.55 million shares sold short, which is 5.13% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.28 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Las Vegas Sands Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751050824_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Las Vegas Sands has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Las Vegas Sands's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Las Vegas Sands's peer group average for short interest as a percentage of float is 5.61%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Is Las Vegas Sands Gaining or Losing Market Support?

Analysts' ratings for Utz Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTZ#NYSE">UTZ</a>) over the last quarter vary from bullish to bearish, as provided by 5 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $15.1, along with a high estimate of $16.00 and a low estimate of $13.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 7.08%. 
<img src="https://www.benzinga.com/files/images/story/2025/1751050822_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The perception of Utz Brands by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Lazar</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$16.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$13.50</td>
<td>$15.00</td>
</tr>
<tr>
<td>Brian Holland</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$16.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Announces</td>
<td>Neutral</td>
<td>$15.00</td>
<td>-</td>
</tr>
<tr>
<td>Robert Moskow</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$15.00</td>
<td>$17.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Utz Brands. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Utz Brands compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Utz Brands's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Utz Brands's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/UTZ/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Utz Brands analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">you can start by tracking it here</a>.
<h2>Delving into Utz Brands's Background</h2>
Utz Brands Inc is a manufacturer of branded salty snacks. It produces a broad offering of salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, and other snacks. Its iconic portfolio of authentic, craft, and better-for-you (BFY) brands, which includes Utz, Zapp's, On The Border, Golden Flake, and Boulder Canyon, among others, enjoys household penetration in the United States, where its products can be found in approximately half of U.S. household. The company operates in eight manufacturing facilities with a broad range of capabilities, and its products are distributed nationally to grocery, mass, club, convenience, drug, e-commerce and other retailers through direct shipments, distributors, and approximately 2,500 DSD routes.
<h3>Unraveling the Financial Story of Utz Brands</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Utz Brands's revenue growth over a period of 3M has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 1.6%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Utz Brands's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 2.13%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Utz Brands's ROE excels beyond industry benchmarks, reaching 1.05%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Utz Brands's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.27%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Utz Brands's debt-to-equity ratio surpasses industry norms, standing at 1.42. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Utz Brands: Insights From 5 Financial Analysts

Catalyst Pharmaceuticals's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRX#NYSE">CPRX</a>) short percent of float has risen 5.19% since its last report. The company recently reported that it has 7.73 million shares sold short, which is 8.1% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.85 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Catalyst Pharmaceuticals Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751050819_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Catalyst Pharmaceuticals has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Catalyst Pharmaceuticals's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Catalyst Pharmaceuticals's peer group average for short interest as a percentage of float is 18.02%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

CPRX

Is Catalyst Pharmaceuticals Gaining or Losing Market Support?

Bank of America Securities analyst Bryan D. Spillane downgraded Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) from Buy to Neutral, lowering <a href="https://www.benzinga.com/quote/TAP/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast from $65 to $50</a>.
In December, the analyst upgraded Molson Coors, expecting U.S. beer volumes to return to normal 2025 trends and the company&#8217;s market share to stabilize, which would help sustain margins and support a higher valuation through better cash flow visibility.
However, that outlook hasn&#8217;t materialized, industry volumes continue to fall below historical levels, Molson Coors Beverage is still losing share, and the stock&#8217;s valuation reflects ongoing uncertainty.
Also Read: <a href="https://www.benzinga.com/personal-finance/management/25/06/45828187/non-alcoholic-beer-sales-up-9-in-2024-experts-predict-it-will-be-the-second-largest-beer-category-worldwide-in-2025" target="_blank" rel="noreferrer noopener">Non-Alcoholic Beer Sales Up 9% In 2024, Experts Predict It Will Be The Second-Largest Beer Category Worldwide In 2025</a>
As a result, the analyst downgraded the stock and cut the price forecast, now based on 8.3x their fiscal year 2026 EPS forecast versus the previous 9.9x.
This valuation is now more in line with U.S. packaged food peers, which face similarly muted growth prospects.
The analyst drew a sharp comparison between the current U.S. beer market and Doug Ivester&#8217;s old analogy of &#8220;sheep, parasites, and wolves&#8221; once used for the soft drink industry.
In this view, spirits are the wolves, stealing share and now encroaching further with ready-to-drink offerings; energy drinks are the parasites, leveraging beer distribution to their advantage; and beer companies, like Molson Coors Beverage, are the sheep, losing ground as consumer interest wanes.
This competitive pressure, the analyst argues, makes it increasingly unlikely for Molson Coors Beverage to meet earlier expectations, prompting them to revise their 2025 industry volume forecast from a 1.0% decline to a sharper 4.0% drop.
The analyst cut their fiscal year 2025 and fiscal year 2026 EPS estimates for Molson Coors Beverage from $6.02/$6.55 to $5.70/$6.02, citing a softer-than-expected second quarter in the U.S. and a more cautious revenue outlook tied to ongoing weakness in the domestic beer market.
Price Action: TAP shares are trading higher by 0.55% to $47.50 at last check Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46137965/crwv-corz-potential-deal-could-unlock-2-8-billion-hidden-value-for-bitcoin-miner-says-morgan-stanley" target="_blank" rel="noreferrer noopener">CRWV–CORZ Potential Deal Could Unlock $2.8 Billion Hidden Value For Bitcoin Miner, Says Morgan Stanley</a></li>
</ul>
Images via Shutterstock

Analyst Color

Downgrades

Molson Coors Hurt By Fewer People Drinking Beer, Warns Analyst

RILY

RILY stock has given up its prior gain. B. Riley Financial shares were trading higher after the company sold its advisory services businesses, GlassRatner Advisory & Capital Group and B. Riley Farber Advisory, to funds managed by TorQuest Partners for $117.8 million.

<a href="https://asia.nikkei.com/Business/Markets/Equities/Toyota-group-unloads-8bn-in-cross-held-shares-as-divestments-pick-up" title="https://asia.nikkei.com/Business/Markets/Equities/Toyota-group-unloads-8bn-in-cross-held-shares-as-divestments-pick-up">https://asia.nikkei.com/Business/Markets/Equities/Toyota-group-unloads-8bn-in-cross-held-shares-as-divestments-pick-up</a>
&nbsp;

'Toyota group unloads $8B in cross-held shares as divestments pick up'- Nikkei Asia

Market Summary

Benzinga Market Summary: S&P Pulls Back As Trump Says US Is Terminating Trade Discussions With Canada, Gold And Silver Pull Back

ENPH

FSLR

SEDG

Shares of solar stocks are trading lower. The sector has been volatile amid uncertainty surrounding solar credits in the budget bill.

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has acquired a <a target="_blank" href="https://www.benzinga.com/topic/nvidia" rel="noreferrer noopener">Canadian AI startup</a> CentML, for undisclosed financial terms. The news was <a target="_blank" href="https://thelogic.co/news/exclusive/centml-nvidia-acquisition-canada-ai/" rel="noreferrer noopener">reported</a> by Logic on Friday, citing unnamed sources familiar with the matter.
CentML specializes in&nbsp;optimizing AI, offering innovative solutions that significantly enhance efficiency and performance.
The U.S. chip giant tapped CentML CEO Gennady Pekhimenko as a senior director for AI software at Nvidia.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45845825/ai-momentum-powers-nvidia-arm-and-chip-supply-chain-in-bofa-recap" rel="noreferrer noopener">AI Momentum Powers Nvidia, Arm And Chip Supply Chain In BofA Recap</a>
<h2 class="wp-block-heading">CentML Background</h2>
According to the <a target="_blank" href="https://x.com/cheatyyyy/status/1935321766077063282" rel="noreferrer noopener">company&#8217;s post</a> on X (formerly Twitter), CentML will cease operations, and its AI-optimization services will no longer be available as of July 17
Pekhimenko, a computer science associate professor at the University of Toronto, co-founded CentML in March 2022 with his doctoral students Wang and Anand Jayarajan.
CentML CTO Sam Wang and COO Akbar Nurlybayev also joined Nvidia. According to the report, in June, Nvidia also tapped at least 15 other engineers and two interns from CentML.
The startup had raised $30.9 million in total venture capital from backers. Nvidia had&nbsp;participated&nbsp;in the startup&#8217;s $27-million seed round in October 2023.
According to an October 2023 TechCrunch <a target="_blank" href="https://techcrunch.com/2023/10/25/centml-lands-27m-from-nvidia-others-to-make-ai-models-run-more-efficiently/" rel="noreferrer noopener">report</a>, CentML plans to optimize both model training and inference by running models after they&#8217;ve been trained.
As per the report, graphics processing units (GPUs) are also heavily used in inference today, and Pekhimenko noted them as a potential avenue of growth for the company.
<h2 class="wp-block-heading">Other AI Related Acquisitions</h2>
In March, Nvidia acquired&nbsp;Gretel, a <a target="_blank" href="https://www.benzinga.com/25/03/44414790/nvidia-acquires-synthetic-data-firm-gretel-to-train-ai-models-report" rel="noreferrer noopener">synthetic data startup</a>, for undisclosed terms. Founded in 2020, Gretel is the generative AI platform for creating synthetic text, tabular, and time series data.
Last December, Nvidia completed acquiring Israeli startup<a target="_blank" href="https://www.run.ai/blog/run-ai-joins-nvidia" rel="noreferrer noopener">&nbsp;</a>Run:ai, marking its <a target="_blank" href="https://www.benzinga.com/24/12/42728884/nvidia-gains-momentum-with-runai-deal-and-robotics-innovations" rel="noreferrer noopener">most significant in</a> Israel since its $6.9 billion Mellanox Technologies deal in 2020.
According to a <a target="_blank" href="https://tracxn.com/d/acquisitions/acquisitions-by-nvidia/__Rwvr9cCWEygAYAiBEK0RuL1AbkKNw9sBGPqMEY6zVh4" rel="noreferrer noopener">report by Tracxn</a>, NVIDIA has completed 26 acquisitions in over seven countries, most of them in Israel and the United States.
Almost nine companies acquired by the semiconductor giant are in the AI infrastructure and enterprise storage space.
<h2 class="wp-block-heading">Analyst Opinions</h2>
Barclays expects Nvidia, backed by its Blackwell AI platform, to hit a <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45992099/nvidia-stock-could-rise-another-38-making-jensen-huang-led-ai-giant-a-nearly-5-trillion-company-says-barclays" rel="noreferrer noopener">market cap of</a> $5 trillion. The chip company is currently worth $3.8 billion.
Bank of America analyst Vivek Arya estimated that Nvidia <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45679551/bank-of-america-hikes-nvidia-price-target-to-180-sees-annual-earnings-per-share-to-hit-10" rel="noreferrer noopener">holds 80-85%</a> of the total market for AI data center chips. Nvidia&#8217;s Blackwell platform prompted Arya to raise his earnings forecast for the calendar year 2027 to $7.23 per share, which is up 12%.
He had projected long-term earnings power of $10 per share, driven by the company&#8217;s AI hardware moat.
Nvidia held $53.7 billion in cash and equivalents as of <a target="_blank" href="https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2026" rel="noreferrer noopener">April 27, 2025</a>.
Price Action: NVDA stock is up 0.84% at $156.32 at last check Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46141985/metas-play-for-voice-ai-could-shake-up-the-competition" target="_blank" rel="noreferrer noopener">Meta&#8217;s Play For Voice AI Could Shake Up The Competition</a></li>
</ul>
Photo via Shutterstock

Tech

Media

NVDA

Nvidia Is Acquiring Its Way Into AI

Major indexes are lower after President Trump said the US is says terminating all discussions on trade with Canada.

On Thursday, Altimmune, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) released topline results from the IMPACT Phase 2b trial of pemvidutide in metabolic dysfunction-<a target="_blank" href="https://www.benzinga.com/general/health-care" rel="noreferrer noopener">associated steatohepatitis (MASH)</a>.
MASH is a severe liver disease characterized by fat buildup and inflammation in the liver, which can lead to cirrhosis and liver cancer if untreated.
The Phase 2b trial enrolled 212 participants with biopsy-confirmed MASH and fibrosis stages F2/F3 with and without diabetes randomized 1:2:2 to receive either weekly subcutaneous pemvidutide at 1.2 mg or 1.8 mg doses or placebo for 24 weeks.&nbsp;
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/25/03/44330443/altimmune-expands-weight-loss-drug-pemvidutides-potential-to-alcohol-related-disorders" rel="noreferrer noopener">Altimmune Expands Weight-Loss Drug Pemvidutide's Potential To Alcohol-Related Disorders</a>
Treatment discontinuation rates were low, with 9% of participants <a target="_blank" href="https://www.benzinga.com/news/health-care/25/06/46116103/altimmune-stock-sinks-after-mid-stage-data-from-fatty-liver-candidate" rel="noreferrer noopener">prematurely discontinuing treatment</a>.
In an intent-to-treat (ITT) analysis, the proportions of participants achieving MASH resolution without worsening of fibrosis at 24 weeks were 59.1% and 52.1% for pemvidutide 1.2 mg and 1.8 mg, respectively, versus 19.1% for placebo (p&lt; 0.0001 both doses).
In an ITT analysis, the effects on fibrosis improvement without worsening of MASH were 31.8% and 34.5% for pemvidutide 1.2 mg and 1.8 mg, respectively, compared with 25.9% for placebo (differences not statistically significant).
HC Wainwright reiterated a Buy rating for Altimmune with a price forecast of $12. The firm believes these data support advancing pemvidutide to Phase 3 and strengthens its case as a potential best-in-class therapy. Analyst Patrick R. Trucchio suggested the recent stock price fall was overdone, given expectations for a positive fibrosis outcome at 48 weeks.
Conversely, William Blair maintained a Market Perform rating, citing &#8220;underwhelming&#8221; results. Analyst Andy Hsieh highlighted the lack of statistically significant fibrosis improvement at the 24-week primary endpoint and expressed concerns about demonstrating stringent fibrosis improvement at the 48-week mark since no liver biopsy will be conducted. Hsieh also noted a lack of clear differentiation for pemvidutide in the increasingly competitive MASH market.
Price Action: ALT stock is trading lower by 1.80% to $3.545 at last check Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/m-a/25/06/46142142/biocryst-just-ditched-its-europe-business-heres-why-investors-are-cheering" target="_blank" rel="noreferrer noopener">BioCryst Just Ditched Its Europe Business — Here&#8217;s Why Investors Are Cheering</a></li>
</ul>
Photo via Shutterstock

Biotech

Health Care

Altimmune's Fatty Liver Candidate Faces Differentiation Doubts

PLTR

Palantir shares are trading lower. The stock may be pulling back following recent strength and as Iran concerns potentially ease.

According to CoinLedger CEO David Kemmerer, thousands of U.S. crypto investors have recently received warning letters from the Internal Revenue Service (IRS), marking a significant escalation in the agency's efforts to <a href="https://www.benzinga.com/money/cryptocurrency-tax-guide#:~:text=Since%20cryptocurrency%20is%20treated%20like,term%20capital%20gains%20tax%20rates.">enforce tax compliance in digital assets.</a>
What Happened: In an <a href="https://www.benzinga.com/money/cryptocurrency-tax-guide#:~:text=Since%20cryptocurrency%20is%20treated%20like,term%20capital%20gains%20tax%20rates.">interview</a> with The Block, Kemmerer revealed that IRS letters targeting crypto investors have spiked 758% over the last two months, based on CoinLedger's internal tracking.
This surge comes ahead of the IRS's new 1099-DA reporting rules, set to take effect in January 2026. These regulations will require all crypto brokers to report both the gross proceeds and cost basis of digital asset sales, giving the IRS a far clearer picture of investor gains and losses.
Crypto investors may receive one of several IRS letter types, each indicating a different level of concern:
<ul class="wp-block-list">
<li>Letter 6174: Educational only — no action required.</li>
<li>Letter 6174-A: Indicates the IRS suspects underreporting — review and amend returns if necessary.</li>
<li>Letter 6173: More serious — IRS believes crypto income was underreported; a response is mandatory to avoid audit.</li>
<li>CP2000: Most severe — proposes additional tax due to income discrepancies; response required within 30 days.</li>
</ul>
Even compliant taxpayers can receive these notices due to cost basis errors, especially from wallet-to-wallet transfers, which are non-taxable but often misreported.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46137663/corporate-bitcoin-buying-spree-booming-strategy-or-ticking-financial-time-bomb">Corporate Bitcoin Buying Spree: Booming Strategy Or Ticking Financial Time Bomb?</a>
Why It Matters: Despite rumors that the administration may eliminate crypto taxes, no legislative change has occurred. 
Many investors wrongly assume they're not required to report crypto trades, leading to confusion, anxiety, and potential penalties.
CoinLedger emphasizes that most letter recipients are not tax evaders, but ordinary investors who may have made honest reporting mistakes—often from earlier bull cycles like 2021. On receiving the letter –
<ul class="wp-block-list">
<li>If compliant: Gather documentation like trade histories and 1099 forms to validate your return.</li>
<li>If non-compliant: Amend past returns using Form 1040X and consider including a written explanation.</li>
<li>If unsure or facing a serious letter (e.g., CP2000 or Letter 6173): Consult a tax professional immediately</li>
</ul>
In February, CoinLedger reported the average crypto investor gained $5,482 in 2024, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Hyperliquid (CRYPTO: HYPE) leading unrealized profits. On the flip side, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), and POL (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>) posted the largest losses.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46144212/bitcoin-ethereum-solana-lag-behind-robinhood-circle-coinbase-why-do-crypto-stocks-outperform-coins">Bitcoin, Ethereum, Solana Lag Behind Robinhood, Circle, Coinbase: Why Do Crypto Stocks Outperform Coins?</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$ADA

$BTC

$ETH

$POL

Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters

Press Releases

Real Estate

W. P. Carey Announces Departure of President John Park

Net Lease Office Properties Announces Sale of Office Property for $72 Million

Net Lease Office Properties Announces Sales of Five Office Properties Totaling $43 Million

Comments

Net Lease Office

Actualités

Dernières nouvelles pour Net Lease Office (NYSE:NLOP) Stock

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL