Purple Biotech (NASDAQ:PPBT) Stock

Purple Biotech

Purple Biotech Ltd is a clinical-stage company focused on advancing first-in-class therapies to overcome tumor immune evasion and drug resistance, and to create treatments for people with cancer. Its oncology pipeline includes NT219 and CM24.

Purple Biotech Ltd. - American Depositary Shares

Purple Biotech Ltd

Needham analyst Ryan Koontz maintains Adtran Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) with a Buy and raises the price target from $11 to $14.

News

Price Target

Analyst Ratings

ADTN

Needham Maintains Buy on Adtran Holdings, Raises Price Target to $14

Needham analyst Ryan MacDonald maintains Privia Health Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRVA#NASDAQ">PRVA</a>) with a Buy and raises the price target from $25 to $30.

PRVA

Needham Maintains Buy on Privia Health Gr, Raises Price Target to $30

General

LXEH

Lixiang Education Regains Nasdaq Minimum Market Value Requirement Compliance

Needham analyst Serge Belanger reiterates Heron Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRTX#NASDAQ">HRTX</a>) with a Buy and maintains $4 price target.

Reiteration

HRTX

Needham Reiterates Buy on Heron Therapeutics, Maintains $4 Price Target

Needham analyst David Saxon maintains Dentsply Sirona (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRAY#NASDAQ">XRAY</a>) with a Buy and lowers the price target from $25 to $23.

XRAY

Needham Maintains Buy on Dentsply Sirona, Lowers Price Target to $23

Former U.S. Secretary of Labor, Robert Reich recently expressed his concerns over the governance style and policy decisions of the Trump administration, highlighting a stark contrast between the current state of affairs and his own experiences in the cabinet room.
What Happened: On Thursday, Reich uploaded his latest interview with MSNBC on his official YouTube channel wherein he voiced his concerns about the Trump administration. He criticized Trump&#8217;s first cabinet meeting and called it a &#8220;theatrical performance for the press&#8221;. Reich also called out the lack of real work being done.
Reich also pointed out the contradiction between President Trump&#8217;s promise not&nbsp;to touch Social Security, Medicare&nbsp;or Medicaid and the recent budget resolution that&nbsp;instructs the Energy and Commerce&nbsp;Committee to slash Medicaid by&nbsp;an unprecedented $880 billion. He accused the Trump administration of lying to the public and fostering a culture of loyalty to Trump over loyalty to the U.S. The former Secretary of Labour called this a rise of dictatorship and strongly stated, &#8220;Trump&#8217;s tyranny is undeniable.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Trump&#039;s Tyranny Is Undeniable" width="500" height="281" src="https://www.youtube.com/embed/9DRp6bie3Dw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
SEE ALSO: <a href="https://www.benzinga.com/news/earnings/25/02/44028619/archer-aviation-stock-falls-on-q4-earnings-the-details">Archer Aviation Stock Falls On Q4 Earnings: The Details</a>
Why It Matters: Reich&#8217;s criticisms come in the wake of two significant policy decisions by the Trump administration. Reich had <a href="https://www.benzinga.com/25/02/43774882/donald-trumps-tax-cut-could-add-46-trillion-to-deficit-says-robert-reich-emphasizing-48-billion-relief-for-top-100-us-firms-via-corporate-tax-cuts">previously criticized</a> the Trump administration&#8217;s tax reduction plans for the corporates, terming them as an "absolutely shameless giveaway," that could increase the deficit by $4.6 trillion. 
Meanwhile, despite Trump&#8217;s promise <a href="https://www.benzinga.com/personal-finance/25/02/43901103/medicaid-faces-880-billion-cuts-but-trump-says-social-security-is-safe">not to cut Social Security or Medicare</a>, the Trump administration could include a Medicaid reduction of $880 billion as part of the larger $2 trillion expenditure cut plan.
Reich&#8217;s comments underscore the growing concerns about the Trump administration&#8217;s governance style and policy decisions, and their potential impact on the American public. Even before Trump resumed his second term, Reich had warned of the likely influence of billionaires such as Tesla CEO Elon Musk and Peter Thiel in the White House. In one of his posts on X, Reich even questioned the rising net worth of Amazon founder, Jeff Bezos, when 87% of jobs at Amazon pay less than $20 an hour.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/25/02/43900927/mary-trump-slams-uncle-trump-and-his-corrupt-fascist-regime-are-aligned-with-the-agenda-of-vladimir-putin-and-moscow">Mary Trump Slams Uncle: &#8216;Trump and His Corrupt Fascist Regime Are Aligned With the Agenda of Vladimir Putin and Moscow&#8217;</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.

Economics

Robert Reich Slams $880 Billion Medicaid Cuts: 'Trump's Tyranny Is Undeniable'

Billionaire and Department of Government Efficiency lead Elon Musk on Thursday called on retired air traffic controllers to return to work.
What Happened: &#8220;There is a shortage of top notch air traffic controllers,&#8221; Musk said in a post on X, formerly Twitter. &#8220;If you have retired, but are open to returning to work, please consider doing so.&#8221;
Musk&#8217;s post comes on the heels of the FAA calling for entry-level air traffic controllers. Interested candidates can apply now through March 17. 
U.S. Department of Transportation Secretary&nbsp;Sean Duffy said on Thursday that the FAA is streamlining the 8-step hiring process at the agency into a 5-step process. 
&#8220;This will accelerate the time-to-hire for these critical positions by shaving more than four months off the old process. We want the best and brightest to get expedited entry into the academy, and as an incentive to apply, we will be increasing the pay for those in training,&#8221; Duffy said. &#8220;This administration is committed to solving the air traffic control shortage that has existed for too long.&#8221;
Duffy said in a statement that the starting salary for candidates who go to the FAA&#8217;s academy for training will increase by 30%, making the average certified professional controller salary go over $160,000 a year.
What Happened: Earlier this month, Duffy said that the FAA has about 45,000 employees and the new government has let go "less than 400" who were probationary. Those laid off were at the agency for less than a year and did not include air traffic controllers or critical safety personnel, he said.
The Professional Aviation Safety Specialists union&nbsp;told&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga</a>&nbsp;that a total of 130 probationary employees represented by the union were terminated. The terminated job roles include aviation safety assistant, environmental protection specialist, management and program analyst, and maintenance mechanic, among others, it said.
The rising demand for air traffic controllers comes on the heels of multiple plane accidents in the recent past. In January, a <a href="https://www.benzinga.com/25/01/43326442/psa-airlines-jet-falls-in-potomac-river-after-mid-air-crash-with-helicoper">collision between an army helicopter</a> and a plane while it was nearing the runway at Reagan Washington National Airport killed 67 people. 
The FAA is nearly 3,500 air traffic controllers short of its targeted staffing levels. 
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:
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/44000938/stellantis-executive-chairman-speaks-out-against-tariffs-on-vehicles-made-in-mexico-canada-real-opportunity-is-4m-cars-that-are-sold-in-america-that-dont-have-any-us-content" target="_blank" rel="noreferrer noopener">Stellantis Executive Chairman Speaks Out Against Tariffs On Vehicles Made In Mexico, Canada: ‘Real Opportunity Is… 4M Cars That Are Sold In America That Don&#8217;t Have Any US Content&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Government

Politics

Elon Musk Calls On Retired Employees To Return To Work At FAA: 'There Is A Shortage Of Top Notch Air Traffic Controllers'

As part of the collaboration, ENL will support Galaxy Group in expanding its reach within the Hong Kong enterprise HR and payroll market. By combining ENL's extensive experience and network in the Asia-Pacific region with GLXG's established position in the industry, the two companies are poised to bring new, AI-powered HR solutions to a wider customer base. This market expansion will be driven by jointly developed products that offer scalable and efficient solutions for HR operations. The partnership also includes client referrals and profit-sharing arrangements. GLXG will refer its existing clients to ENL for AI and Big Data solutions, creating a mutually beneficial ecosystem. Revenue generated from these referrals will be shared between the two companies under a separate formal agreement. This structure ensures both parties benefit from the synergies created by the collaboration and strengthens their relationship moving forward.

GLXG

Galaxy Payroll And Euler Number Partner To Revolutionize HR And Payroll With AI & Big Data

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is working on introducing a new technology that could help social media apps identify users under 16 years of age
What Happened: According to a White Paper released by Apple earlier this month, the Tim Cook-led company plans to launch the "Declared Age Range" application programming interface (API) on iOS devices.
This will allow developers to request age range information of users, with parental consent. This system will help apps determine if a user is under 18, 16, or 13, and decide on content accessibility or app usage.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Parents will also have the ability to manage their child&#8217;s declared age on Apple devices, ensuring the birth date is accurate. However, the actual birth date will not be shared with apps.
Apple will also revise app age ratings in its store to four categories: 4+, 13+, 16+, and 18+.
See Also:<a href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag"> Apple Unveils iPhone 16e With A18 Chip, AI Features, $599 Price Tag</a>
Why This Matters: This development comes amid Australia&#8217;s recent legislation <a href="https://www.benzinga.com/general/social-media/24/11/42156355/as-meta-tiktok-x-and-snapchat-stare-at-tough-under-16-ban-australias-pm-says-destroy-personal-data-once-age-is-verified-or-risk-32m-fine">banning</a> under-16s from social media platforms.
The Australian government passed a social media ban for under-16s in December, requiring platforms like TikTok and Instagram to verify user ages.
While Meta and TikTok suggested device makers like Apple and Google should handle age assurance, the responsibility remains with app developers. The government will assess if Apple&#8217;s model meets the &#8220;reasonable steps&#8221; criteria for age verification.
<a href="https://www.benzinga.com/government/24/09/40674661/apple-gears-up-to-push-back-against-legislation-enforcing-age-restrictions-in-app-store-report">Apple&#8217;s opposition</a> to legislation enforcing age restrictions on apps has been a topic of debate. The company has been advocating for data minimization, arguing that requiring users to provide sensitive personal information for age verification is not in the best interest of user privacy and safety.
Apple&#8217;s proposed age verification technology aligns with its commitment to privacy by allowing parents to share only the age range of their children, not their actual birth dates.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42682230/tech-bull-predicts-26-upside-for-apple-stock-sees-golden-era-of-growth-for-cupertino-due-to-multi-year-ai-driven-iphone-upgrade-cycle">Tech Bull Predicts 26% Upside For Apple Stock, Sees ‘Golden Era Of Growth' For Cupertino With AI-Driven iPhone Upgrade Cycle</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Tech

AAPL

Tim Cook's Apple Is Developing New Technology To Help Social Media Apps Determine If Users Are Under 16

Macro Economic Events

Econ #s

Germany Unemployment Rate For February Unchanged At 6.2% Vs. 6.2% Est.

Germany Unemployment Change For February 5K Vs. 14K Est.; 11K Prior

Entertainment

Gaming

GRVY

Gravity Game Hub Launches New Game Ragnarok Idle Adventure Plus Globally

Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has cautioned the Trump administration that the Biden-era &#8220;AI Diffusion Rule,&#8221; might inadvertently strengthen China&#8217;s rapidly expanding AI sector.
What Happened: In a company blog, Brad Smith, the Vice Chair &amp; President of Microsoft highlighted the issues related to the AI Diffusion Rule. In the last days of Joe Biden&#8217;s administration, the U.S. government announced tighter restrictions on AI chip and technology exports, aiming to retain advanced computing power within the country while expanding efforts to limit China&#8217;s access. 
However, it also classifies many significant U.S. allies and partners as Tier Two, restricting U.S. tech firms&#8217; capacity to construct and grow AI data centers in these nations. The countries affected include&nbsp;Poland, Switzerland, Greece, Singapore, Indonesia, India, Israel, the UAE, and&nbsp;Saudi Arabia.
Microsoft expressed concern that this could result in an unexpected outcome: prompting Tier Two nations&nbsp;to explore other options for AI&nbsp;infrastructure and services, possibly to the advantage of China&#8217;s AI sector.
&#8220;Left unchanged, the Biden rule will give China a strategic advantage in spreading over time its own AI technology, echoing its rapid ascent in 5G telecommunications a decade ago,&#8221; stated the Satya Nadella-led company.
The tech behemoth also pointed out the irony of the situation, as the rule discourages what should rather be considered an American economic opportunity &#8211; the export of cutting-edge chips and advanced technology services. It further proposed that the Trump administration could take advantage of this opportunity to simplify the rule, ensuring it does not erode the trust of American allies or disrupt a well-functioning economic market.
SEE ALSO: <a href="https://www.benzinga.com/markets/equities/25/02/44035087/activist-investor-valueact-once-linked-to-steve-ballmers-microsoft-exit-bought-meta-visa-sold-spotify-in-q3-a-smart-bet">Activist Investor ValueAct, Once Linked To Steve Ballmer&#8217;s Microsoft Exit, Bought Meta, Visa, Sold Spotify In Q3: A Smart Bet?</a>
Why It Matters: This development comes in the wake of President Donald Trump <a href="https://www.benzinga.com/markets/25/02/43938959/trump-targets-chinas-tech-sector-with-stricter-biden-era-chip-curbs-it-will-backfire-says-beijing">reportedly considering stricter </a>measures on China&#8217;s semiconductor industry, a move seen as an extension of efforts initiated under the former President Joe Biden administration to curb China&#8217;s technological advancement. 
Microsoft&#8217;s Smith told the Wall Street Journal these restrictions will have a substantial negative impact on the U.S. economy by discouraging other countries from engaging in business with the U.S. Smith believes that startups like DeepSeek, offering cutting-edge AI models at a much lower chip cost, have strong potential to provide an alternative in such a situation.
According to the Wall Street Journal on Thursday, the Trump administration officials are considering measures to tighten restrictions while streamlining export-control regulations.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/25/02/44034837/soundhound-ais-polaris-outperforms-google-and-openai-forays-in-energy-sector-with-seven-figure-deal-amid-q4-beat">SoundHound AI Says Polaris Speech Recognition Model Outperforms Google, OpenAI: Company Forays Into Energy Sector With 7-Figure Deal</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

Markets

MSFT

Microsoft Urges Trump To Avoid This Critical Mistake In Global AI Race, Cautions It Will 'Give China A Strategic Advantage'

Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) reported a <a href="https://www.benzinga.com/news/earnings/25/02/44025754/dell-technologies-stock-climbs-after-mixed-q4-results-eps-beat-revenues-miss">mixed fourth quarter</a>, however, the management announced an 18% increase in annual dividend and said that it expects the artificial intelligence server business to grow by at least $15 billion in the fiscal year 2026.
What Happened: Despite a revenue miss in the fourth quarter, Dell&#8217;s management remained positive on its AI server business for the fiscal year 2026 during the earnings call.
Talking about the outlook, COO Jeff Clarke said, &#8220;We expect our AI business will grow to at least $15 billion given our robust opportunity pipeline, our engineering, our services and financing advantages. This AI business drives incremental operating profit and is EPS-accretive.&#8221;
Dell&#8217;s ISG business or Infrastructure Solutions Group unit that provides IT infrastructure, software, and services was also expected to grow because of the strength in the AI business.
CEO Yvonne McGill said, ISG will grow in the high teens, driven by $15 billion of AI server shipments and continued growth in traditional server and storage.
The CFO further said that the company will continue to update this estimate.
See Also: <a href="https://www.benzinga.com/general/space/25/02/44034215/rocket-lab-unveils-flatellite-low-cost-mass-producible-satellite-to-target-large-constellations-ami">Rocket Lab Unveils &#8216;Flatellite:&#8217; Low-Cost, Mass-Producible Satellite To Target Large Constellations Amid Weak Q1 Guidance</a>
Why It Matters: Dell topped <a href="https://www.benzinga.com/news/earnings/25/02/44025754/dell-technologies-stock-climbs-after-mixed-q4-results-eps-beat-revenues-miss">fourth quarter</a> earnings estimates with EPS of $2.68, but missed on revenue at $23.9 billion. For fiscal 2026, Dell forecasts revenue of $101-$105 billion and adjusted EPS of $9.30, roughly in line with analyst expectations.
&#8220;We're raising our annual dividend by 18%, demonstrating our commitment to shareholder return and confidence in our opportunity to grow in FY26,&#8221; said CEO McGill.
Price Action: Dell declined 6.77% on Thursday and fell further 1.23% in after-hours, this outpaced the 2.66% fall in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 index.
The stock remains 7.47% lower on a year-to-date basis, however, it&#8217;s up 15.64% over a year.
<a href="https://www.benzinga.com/quote/DELL/analyst-ratings">Benzinga tracks 20 analysts</a> with an average price target of $134.05 for the stock, reflecting a &#8220;buy&#8221; rating. Estimates range widely from $53 to $185. Recent ratings from Northland Citigroup, B of A Securities, and Morgan Stanley average $141, suggesting a potential 32.39% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/DELL/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="380" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/28023212/Dell-ANR-1024x380.png" alt="" class="wp-image-803054" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/28023212/Dell-ANR-1024x380.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/28023212/Dell-ANR-300x111.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/28023212/Dell-ANR-768x285.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/28023212/Dell-ANR.png 1063w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/44003404/airbnb-costs-40-more-than-its-rivals-here-what-a-technical-deep-dive-shows" target="_blank" rel="noreferrer noopener">Airbnb Is Nearly 40% More Expensive Than Its Rivals: Here's What Key Indicators For ABNB Stock Reveal</a></li>
</ul>
Photo courtesy: Shutterstock

DELL

Dell Technologies Projects $15 Billion AI Server Revenue For FY26, Raises Dividend By 18% Amid A Mixed Quarter

Chinese tech giant Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) cut the price of its luxury electric sedan SU7 Ultra by 35% to 529,900 yuan ($72,932) from the initially promoted 814,900 yuan ($111,842), strengthening its challenge against premium automakers like Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Porsche in China&#8217;s competitive EV market.
What Happened: CEO Lei Jun announced the significant price reduction during Thursday&#8217;s official launch event in Beijing, explaining that potential buyers who currently drive the BMW 5 series, Audi A6, and Mercedes-Benz E-class vehicles found the original price point prohibitive, Reuters reported.
&#8220;Our mission is that we should let more people who like us afford luxury cars,&#8221; Lei stated. The strategy appears effective, with Xiaomi reporting 6,900 orders within just 10 minutes after the announcement.
Xiaomi entered China&#8217;s crowded EV market last year with its regular SU7 model, priced under $30,000, which has already outpaced Tesla&#8217;s Model 3 in sales since the fourth quarter of 2024. The SU7 Ultra was initially positioned to compete directly with Tesla&#8217;s Model S Plaid, which sells for 814,900 yuan ($111,842) in China.
See Also: <a href="https://www.benzinga.com/tech/25/02/44032246/sam-altman-calls-it-magic-as-openai-rolls-out-gpt-4-5-feels-like-talking-to-a-thoughtful-person-to-me">Sam Altman Calls It &#8216;Magic&#8217; As OpenAI Rolls Out GPT-4.5: &#8216;Feels Like Talking To A Thoughtful Person To Me&#8217;</a>
Why It Matters: The Ultra model features premium materials, enhanced seating, and upgraded audio systems compared to standard SU7 versions. Early buyers placing orders before March-end will receive perks including lifetime free access to Xiaomi&#8217;s HAD intelligent driving system, normally priced at 26,000 yuan.
Lei also took aim at Tesla&#8217;s recent autopilot software update in China, which &#8220;has gone viral over the past two days, but still needs users to pay more than 60,000 yuan,&#8221; highlighting competitive tensions in the autonomous driving space.
This aggressive pricing move comes as Chinese tech stocks, including Xiaomi, rallied last week on anticipated monetary easing from Beijing. However, Xiaomi shares tanked on Friday by 2.73% to 51.65 HKD ($6.64) in recent Hong Kong trading.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/02/44035209/waymo-offering-200000-robotaxi-rides-per-week-says-alphabet-ceo-sundar-pichai">Waymo Offering 200,000 Robotaxi Rides Per Week, Says Alphabet CEO Sundar Pichai: &#8217;20x Growth In Less Than 2 Years&#8217;</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.

TSLA

XIACY

Tesla Rival Xiaomi Slashes Luxury EV Price By 35% To Challenge Model S, Porsche In China

<h3>Companies Reporting Before The Bell</h3>
• Frontline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $282.62 million. 
• Nordic American Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAT#NYSE">NAT</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $53.07 million. 
• Fluent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNT#NASDAQ">FLNT</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $68.06 million. 
• Recursion Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) is expected to report quarterly loss at $0.41 per share on revenue of $18.17 million. 
• Oxford Square Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXSQ#NASDAQ">OXSQ</a>) is projected to report quarterly earnings at $0.06 per share on revenue of $9.90 million. 
• Integral Ad Science (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAS#NASDAQ">IAS</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $148.94 million. 
• PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $99.26 million. 
• ANI Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIP#NASDAQ">ANIP</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $175.12 million. 
• TeraWulf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $37.36 million. 
• Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) is estimated to report quarterly earnings at $0.90 per share on revenue of $5.80 billion. 
• Rapid Micro Biosystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPID#NASDAQ">RPID</a>) is expected to report quarterly loss at $0.22 per share on revenue of $7.60 million. 
• FuboTV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $444.91 million. 
• Butterfly Network (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFLY#NYSE">BFLY</a>) is expected to report quarterly loss at $0.08 per share on revenue of $21.01 million. 
• Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRP#NYSE">NRP</a>) is projected to report earnings for its fourth quarter. 
• Apellis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLS#NASDAQ">APLS</a>) is expected to report quarterly loss at $0.37 per share on revenue of $191.93 million. 
• Calumet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) is estimated to report quarterly loss at $0.36 per share on revenue of $929.11 million. 
• 1stdibs.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIBS#NASDAQ">DIBS</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $22.02 million. 
• LandBridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LB#NYSE">LB</a>) is projected to report quarterly earnings at $0.78 per share on revenue of $244.81 million. 
• Fulgent Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGT#NASDAQ">FLGT</a>) is estimated to report quarterly loss at $0.37 per share on revenue of $75.39 million. 
• Owens &amp; Minor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $2.73 billion. 
• Amneal Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRX#NASDAQ">AMRX</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $700.83 million. 
• Banco Latinoamericano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLX#NYSE">BLX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $251.03 million. 
• Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is expected to report quarterly earnings at $3.23 per share on revenue of $1.18 billion. 
• Alpha Metallurgical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>) is estimated to report quarterly earnings at $1.12 per share on revenue of $683.10 million. 
• Docebo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCBO#NASDAQ">DCBO</a>) is expected to report quarterly earnings at $0.27 per share on revenue of $56.24 million. 
• Northwest Natural Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWN#NYSE">NWN</a>) is expected to report quarterly earnings at $1.49 per share on revenue of $395.05 million. 
<h3>Companies Reporting After The Bell</h3>
• BIT Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTCM#NYSE">BTCM</a>) is estimated to report earnings for its fourth quarter. 
• Monroe Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCC#NASDAQ">MRCC</a>) is expected to report quarterly earnings at $0.27 per share on revenue of $14.99 million. 
• Longeveron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) is projected to report quarterly loss at $0.36 per share on revenue of $660 thousand. 
• Middlesex Water (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSEX#NASDAQ">MSEX</a>) is likely to report quarterly earnings at $0.37 per share on revenue of $45.00 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

AMRX

ANIP

APLS

BFLY

BTCM

CLMT

DCBO

DIBS

FLGT

FLNT

FUBO

GTLS

LGVN

MRCC

MSEX

OXSQ

RPID

RXRX

WULF

Earnings Scheduled For February 28, 2025

Waymo is now serving over 200,000 paid trips in its robotaxis each week, 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>) CEO Sundar Pichai said on Thursday.
What Happened: &#8220;Exciting new Waymo milestone: Waymo One is now serving 200k+ paid trips each week across LA, Phoenix and SF &#8211; that's 20x growth in less than two years!,&#8221; Pichai said in a post on social media platform X.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Exciting new <a href="https://twitter.com/Waymo?ref_src=twsrc%5Etfw">@Waymo</a> milestone: Waymo One is now serving 200k+ paid trips each week across LA, Phoenix and SF &#8211; that's 20x growth in less than two years! Up next: Austin, Atlanta and Miami. <a href="https://t.co/K2bENRTjik">pic.twitter.com/K2bENRTjik</a>
&mdash; Sundar Pichai (@sundarpichai) <a href="https://twitter.com/sundarpichai/status/1895188101645082980?ref_src=twsrc%5Etfw">February 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In late October, Waymo said that the company is now serving over 150,000 paid rides every week, implying that the company has added 50,000 rides per week in four months.
Waymo first started offering paid autonomous rides to members of the public in 2020 and currently operates its robotaxis in Phoenix, San Francisco, and Los Angeles.
The company also plans to operate its robotaxis in Austin and Atlanta starting in 2025 as part of its&nbsp;<a href="https://www.benzinga.com/markets/equities/24/09/40855784/uber-stock-spikes-as-ceo-praises-waymos-fully-autonomous-trips" target="_blank" rel="noreferrer noopener">partnership with Uber</a>.
In December, the company said that it would introduce its vehicle to streets in Miami in 2025 and launch ride-hail services to riders starting in 2026 via the Waymo One app.
Why It Matters: <a href="https://www.benzinga.com/news/24/09/40792410/us-autonomous-vehicle-sales-to-hit-230k-by-2034-after-progress-resumes-at-alphabets-waymo-gms-cruise" target="_blank" rel="noreferrer noopener">Waymo is currently the frontrunner&nbsp;</a>in the field of autonomous vehicles in the U.S.&nbsp;While General Motors' Cruise was at par with Waymo until 2023, it suspended all of its operations in the U.S. following the involvement of one of its robotaxis in an&nbsp;<a href="https://www.benzinga.com/news/23/10/35052444/self-driving-cruise-car-accident-leaves-pedestrian-trapped-and-injured-in-san-francisco" target="_blank" rel="noreferrer noopener">accident in San Francisco</a>, and it subsequently ceased operations in late 2024.
EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), meanwhile, is also looking to start an <a href="https://www.benzinga.com/news/24/10/41288103/elon-musks-fully-autonomous-driving-dreams-now-scheduled-for-2025-but-regulatory-hurdles-stand-in-th" target="_blank" rel="noreferrer noopener">autonomous ride-hailing service</a> in Austin, Texas in June.
Tesla CEO Elon Musk envisions deploying the company's Model Y and Model 3 vehicles equipped with the company's full self-driving (FSD) driver assistance technology in Austin. While FSD currently requires active driver supervision, Musk and Tesla are optimistic that it can enable autonomous driving in time.
Musk said earlier this month that the company will also roll out robotaxis to American cities <a href="https://www.benzinga.com/news/25/02/44020824/tesla-seeks-california-ride-hailing-permit-amid-declining-ev-sales">beyond Austin before</a> the end of the year.
Check out more of Benzinga'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:
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/44000938/stellantis-executive-chairman-speaks-out-against-tariffs-on-vehicles-made-in-mexico-canada-real-opportunity-is-4m-cars-that-are-sold-in-america-that-dont-have-any-us-content" target="_blank" rel="noreferrer noopener">Stellantis Executive Chairman Speaks Out Against Tariffs On Vehicles Made In Mexico, Canada: ‘Real Opportunity Is… 4M Cars That Are Sold In America That Don't Have Any US Content'</a></li>
</ul>
Photo courtesy: Shutterstock

GOOG

GOOGL

Waymo Offering 200,000 Robotaxi Rides Per Week, Says Alphabet CEO Sundar Pichai: '20x Growth In Less Than 2 Years'

Activist investor ValueAct Holdings, L.P., known for its role in Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) leadership changes a decade ago, disclosed significant portfolio adjustments <a href="https://www.benzinga.com/markets/equities/25/02/43518855/jeff-ubbens-valueact-bet-on-meta-visa-and-exited-spotify-in-q3-was-it-a-clever-move">in its third-quarter 13F filing</a> with the Securities and Exchange Commission.
What Happened: The San Francisco-based hedge fund established new positions in Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) while completely divesting its stake in Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), according to the Nov. 14 filing. 
More recently, ValueAct initiated a position in Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) in the fourth quarter, purchasing 536,900 shares worth <a href="https://www.benzinga.com/25/02/43875453/valueact-bets-119-million-on-amazon-as-analysts-see-25-upside-whats-driving-jeff-bezos-e-commerce-giant">approximately $119 million</a>.
ValueAct&#8217;s third-quarter moves have produced mixed results. Meta shares have risen 14.04% since the filing date, while Visa stock has increased 15.14%. 
However, Spotify recorded the strongest performance among the three, surging 23.71% despite ValueAct&#8217;s exit. This represents a potential missed opportunity worth about $76.63 million on the position ValueAct exited.
A ValueAct spokesperson confirmed to Benzinga that the firm has <a href="https://www.benzinga.com/markets/equities/24/11/42006101/activist-hedge-fund-valueact-boosts-meta-stake-with-121m-bet-but-ceo-morfit-supports-mark-zuckerbergs-ai-vision-heres-what-investors-should-know">built a $1 billion stake in Meta</a>.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/44031605/bitcoin-ethereum-lose-dogecoin-gains-amid-trumps-tariff-war-moves-has-btc-hit-a-bottom-yet">Bitcoin, Ethereum Lose, Dogecoin Gains Amid Trump&#8217;s Tariff War Moves: Has BTC Hit A Bottom Yet?</a>
Why It Matters: ValueAct&#8217;s investment approach merits particular attention given its history of influential corporate activism. The firm, led by CEO Mason Morfit, employs event-driven strategies to influence corporate policy and enhance company value, typically taking a collaborative approach compared to more <a href="https://www.benzinga.com/markets/equities/25/02/43518855/jeff-ubbens-valueact-bet-on-meta-visa-and-exited-spotify-in-q3-was-it-a-clever-move">confrontational activist funds</a>.
The investment firm made headlines in 2013 when it gained a board seat at Microsoft despite owning less than 1% of the company. This unprecedented move came just one week after then-CEO Steve Ballmer announced his retirement plan. Though both parties publicly denied ValueAct&#8217;s influence on Ballmer&#8217;s departure, analysts noted the timing raised questions.
&#8220;ValueAct I think played an indirect role in Steve&#8217;s retirement,&#8221; Rick Sherlund, an analyst with Nomura Securities, <a href="https://www.wsj.com/articles/SB10001424127887323324904579045373716627460">told</a> The Wall Street Journal at the time. &#8220;ValueAct very much surfaced the interests of shareholders, and one of those interests is management succession.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/44033587/nvidia-chips-smuggled-to-china-3-men-charged-in-singapore-amid-us-export-crackdown">Nvidia Chips Smuggled To China? 3 Men Charged In Singapore Amid US Export Crackdown</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.

AMZN

SPOT

Activist Investor ValueAct, Once Linked To Steve Ballmer's Microsoft Exit, Bought Meta, Visa, Sold Spotify In Q3: A Smart Bet?

France Harmonised Index of Consumer Prices (MoM) Preliminary For February 0.0% Vs. 0.3% Est.; -0.2% Prior

France Gross Domestic Product (YoY) For Q4 0.6% Vs. 0.7% Est.; 1.2% Prior

Press Releases

Purple Biotech Reports Additional Positive Interim Data from its Randomized Phase 2 Study with its Lead Oncology Therapeutic Candidate CM24

Health Care

Purple Biotech to Present Data for its Tri-Specific Antibody Platform—CAPTN-3—at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics

Purple Biotech Presents New Data for its Novel Tri-Specific T Cell and NK Cell Engagers Antibody Platform, CAPTN-3, at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics

Purple Biotech Identifies Potential New Serum Biomarker for its Lead Oncology Therapeutic Candidate CM24: Associated with 79% Reduction in Risk of Death

Purple Biotech Reports Third Quarter 2024 Financial Results

Purple Biotech Reports Positive Final Results from Randomized Phase 2 Study of CM24 in Second Line Pancreatic Cancer

Purple Biotech Announces $2.8 Million Registered Direct Offering of American Depositary Shares

Purple Biotech Announces Closing of $2.8 Million Registered Direct Offering of American Depositary Shares

Purple Biotech Announces Research Collaboration with the Icahn School of Medicine at Mount Sinai for CAPTN-3 Tri-Specific Antibody Platform

Comments

Purple Biotech

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL