Dernières nouvelles pour Silvaco Group (NASDAQ:SVCO) Stock

Silvaco Group

Silvaco Group Inc is a provider of technology computer aided design ("TCAD") software, electronic data automation ("EDA") software and semiconductor intellectual property ("SIP"). TCAD, EDA and SIP solutions enable semiconductor and photonics companies to increase productivity, accelerate their products' time-to-market and reduce their development and manufacturing costs. It is developing the "technology behind the chip" and providing solutions that span from atoms to systems, starting with providing software for the atomic level simulation of semiconductor and photonics material for devices, to providing software and SIP for the design and analysis of circuits and system level solutions.

Silvaco Group Inc

A Georgia judge has overturned several controversial election rules, asserting that the Pro-Trump GOP-majority Georgia Election Board does not have the authority to enforce them.
What Happened: Fulton County Superior Court Judge Thomas Cox Jr. ordered the rejection of seven rules, including the requirement for hand-counted ballots by precinct, ahead of the November elections, as reported by <a href="https://thehill.com/homenews/state-watch/4937832-judge-rejects-controversial-rules-including-hand-count-rule-from-georgia-board/">The Hill</a>.
Judge Cox stated in his ruling that the Georgia Election Board &#8220;has no constitutional authority to promulgate these rules.&#8221; He added that the U.S. Constitution prohibits the State Board Election from enacting election rules concerning the election of federal officers.
The Georgia Election Board has been under fire for passing controversial rules months before the election. Even some of the state&#8217;s top Republicans have expressed concern over some of the rulemaking, particularly the hand-count law.
The rules and Cox&#8217;s recent decision are particularly significant as Georgia is among a few battleground states that will decide if former President Donald Trump or Vice President Kamala Harris return to the White House. Trump won Georgia in 2016 but lost it to President Biden in 2020.
See Also: <a href="https://www.benzinga.com/news/24/10/41348822/mark-cuban-says-he-knows-what-trump-wants-to-achieve-with-tariffs-but-the-ex-president-has-no-idea-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says He Knows What Trump Wants To Achieve With Tariffs But The Ex-President Has No Idea What It Takes To Do It — &#8216;That&#8217;s How Crazy His Approach Is&#8217;</a>
Why It Matters: The decision comes at a critical time as the race for the White House has become <a href="https://www.benzinga.com/news/24/10/41331062/trump-vs-harris-vice-president-goes-from-deficit-to-slender-lead-in-new-poll-but-battleground-states">too close for comfort</a>. Vice President Harris led her Republican rival Trump by merely a point in a recent poll. The same report also highlighted that battleground states favor the ex-president, making the Georgia ruling even more significant.
Harris&#8217; <a href="https://www.benzinga.com/general/politics/24/10/41347642/harris-vs-trump-vice-president-holds-lead-in-2024-election-poll-but-former-president-is-closing-">lead over Trump has been shrinking</a>, with less than one month until the 2024 presidential election. The Georgia ruling could potentially impact the election outcome, given the state&#8217;s pivotal role in the electoral landscape.
Image via Shutterstock
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

News

Politics

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Trump-Harris Race: Georgia Judge Overrules Republican-Enforced Election Rules Ahead Of Crucial November Elections: 'No Constitutional Authority To Promulgate'

PEGY

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Vice President Kamala Harris is gaining praise from cannabis industry leaders for her plans to federally legalize marijuana, which advocates believe could unlock significant economic <a href="https://www.benzinga.com/markets/cannabis/24/06/39319868/meet-the-man-who-did-prison-time-for-non-violent-cannabis-offense-and-now-advocates-for-others-i">opportunities for Black men. </a>
In a recent op-ed, The Cannabis Vanguard a coalition of cannabis professionals, applauded Harris' proposal as a step toward addressing the lasting harm caused by marijuana criminalization, particularly in Black communities.
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/10/41314909/kamala-harris-unveils-policy-plan-for-black-men-focusing-on-economic-opportunity-health-cannabis">Kamala Harris Unveils Policy Plan For Black Men, Focusing On Economic Opportunity, Health, Cannabis Legalization</a>
In their op-ed, titled "The Next President Is Ready to Legalize Cannabis for Black Men," the group outlines how Harris&#8217; plan would help dismantle the systemic obstacles that have disproportionately affected Black men, who have faced over-policing for marijuana-related offenses for decades.
<h3 class="wp-block-heading">Opening Economic Doors Through Legalization</h3>
Harris' proposal to legalize marijuana at the federal level is at the heart of her "Opportunity Agenda" proposal for Black men, presented on Monday. By working with Congress to "make the safe cultivation, distribution, and possession of recreational marijuana the law of the land," Harris aims to create a more inclusive market.
The Cannabis Vanguard (TCV) argues that a key component of this effort should be federal grants and loan programs targeting Black entrepreneurs and individuals impacted by marijuana criminalization.
Modeled after state-level programs like Illinois&#8217; Cannabis Social Equity Program, these initiatives would provide capital and support to aspiring cannabis business owners who might otherwise be shut out due to financial or legal barriers.
<h3 class="wp-block-heading">Expungement And A Path To Justice</h3>
One of the most transformative parts of Harris' cannabis platform, according to TCV, is the push for automatic expungement of nonviolent marijuana convictions. 
"Expungement removes barriers to employment, housing, education, and financial aid, allowing individuals to rebuild their financial lives," the op-ed says. 
<h3 class="wp-block-heading">Addressing Housing Barriers</h3>
Another critical area that The Cannabis Vanguard wants to see reformed is federal housing policies that exclude people with marijuana-related convictions from receiving housing assistance, such as Section 8. 
TCV says that creating cannabis-specific housing assistance programs would stabilize the housing situation for many Black men affected by past convictions. These reforms could open the door to homeownership and long-term wealth-building opportunities for those previously denied access to federal assistance.
<h3 class="wp-block-heading">Job Creation Through Cannabis</h3>
The op-ed also stresses the importance of tax incentives for cannabis companies that hire individuals with nonviolent marijuana convictions.
TCV believes that encouraging the industry to provide job opportunities for those with prior records would not only reduce unemployment but also give formerly incarcerated individuals a chance to thrive in a legal market.
<h3 class="wp-block-heading">A Vision For Justice And Economic Equality</h3>
The organization sees Harris' cannabis policy as an opportunity to right the wrongs of decades of marijuana criminalization. They argue that federal legalization, paired with strategic initiatives like expungement and targeted grants, could play a pivotal role in closing the racial wealth gap and helping Black men achieve economic stability.
"With legalization, our future president and Congress could address the longstanding economic harm done to Black men and other marginalized communities," The Cannabis Vanguard concludes.
The group's founding members include Wanda L. James, CEO of Simply Pure; Gia Morón, CEO of GVM Communications; Toi Hutchinson, former Illinois Cannabis Czar and State Senator; Roz McCarthy, CEO of Minorities for Medical Marijuana; Shanita Penny, Principal of Budding Solutions and Linda Mercado Greene, CEO of Anacostia Organics.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/10/41362831/kamala-harris-agrees-trump-is-a-fascist-in-interview-with-charlamagne-tha-god-yes-we-can-say-tha">Kamala Harris Agrees Trump Is A Fascist In Interview With Charlamagne Tha God: &#8216;Yes, We Can Say That&#8217;</a></li>
</ul>
Image courtesy: The Cannabis Vanguard.

Cannabis

Markets

Kamala Harris' Marijuana Plan Could 'Remove Barriers To Employment, Housing And Education For Black Men' Industry Leaders Say

Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) CEO Vlad Tenev delivered the keynote speech about exclusive product announcements to kick off the company's HOOD Summit 2024<a href="https://www.benzinga.com/partner/news/24/10/41366442/active-traders-and-investors-could-find-significant-balance-boosts-during-robinhoods-upcoming-hood-w"> in Miami, Florida. </a>
The Details: Tenev announced the launch of futures trading and index options trading in a major expansion of the platform's offerings. The Robinhood CEO said index options will be available for trading in the coming months with extended-hours trading available next year. 
Tenev did not give a timeframe for the rollout of futures trading in his speech. 
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41340022/amazon-analyst-expects-q3-earnings-with-revenue-growth-margin-expansion-relative-st">Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand</a>
Tenev also recapped Robinhood's <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41236863/robinhood-eyes-major-growth-with-new-trading-features-while-coinbase-rides-crypto-s">platform improvements</a> over the past year including the addition of joint investment accounts, simulated options returns and reduced margin rates to the lowest among leading trading platforms. The CEO highlighted Robinhood's achievement of becoming the first retail brokerage to offer 24-hour trading of single-name stocks in the U.S. with more than 1,000 symbols available for 24-hour trading.&nbsp;
Robinhood's HOOD Summit 2024 <a href="https://go.robinhood.com/events">features speakers</a>, panel discussions and demonstrations on trading technology, investing and culture and continues through Oct. 18 in Miami, Florida.&nbsp;
HOOD Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Robinhood shares ended Wednesday's session 0.49% higher at $26.93. After-hours trading sees stock up 3.04% at $27.75.&nbsp;&nbsp;
Read Also:&nbsp;
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<li><a href="https://www.benzinga.com/news/24/10/41370426/pepsi-fights-back-against-shrinkflation-why-your-chip-bags-will-be-fuller-in-the-future">Pepsi Fights Back Against Shrinkflation: Why Your Chip Bags Will Be Fuller In The Future</a></li>
</ul>
Photo: Shutterstock

Fintech news covering the emerging Financial Technology services sector

Fintech

Futures

Options

After-Hours Center

Movers

HOOD

Robinhood Announces Futures Trading, Index Options Trading

Trading Halt: Halted at 7:12:26 p.m. ET - Trading Halt: Halt News Pending

Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) reported quarterly earnings of $1.41 per share which beat the analyst consensus estimate of $1.26 by 11.9 percent. This is a 6.02 percent increase over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $47.98 million which missed the analyst consensus estimate of $51.01 million by 5.95 percent. This is a 2.65 percent increase over sales of $46.74 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

GSBC

Great Southern Bancorp Q3 EPS $1.41 Beats $1.26 Estimate, Sales $47.98M Miss $51.01M Estimate

Media stocks are set to benefit from advertising spend by politicians, presidential debates and media appearances by presidential candidates during the <a href="https://www.benzinga.com/topic/2024-election">2024 election cycle.</a>
Music streaming platform Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) could turn out to be one of the underrated winners of the election season if it can grab interviews with both presidential candidates on one of the company's popular podcasts.
What Happened: Both Vice President Kamala Harris and Donald Trump are rumored to be making appearances on "The Joe Rogan Experience" podcast ahead of the <a href="https://www.benzinga.com/general/entertainment/24/10/41324364/kamala-harris-eyes-appearance-on-joe-rogan-experience-to-appeal-to-male-voters-as-president">2024 presidential election.</a>
Trump, who has never appeared on the podcast, <a href="https://x.com/nelkboys/status/1845292385850540122">confirmed </a>his appearance during an appearance on the "Full Send" podcast.
Harris is rumored to be considering going on the podcast as she continues<a href="https://www.benzinga.com/general/entertainment/24/10/41214476/will-kamala-harriss-media-blitz-including-60-minutes-and-call-her-daddy-improve-her-2024-el"> her media blitz </a>that has included appearances on television and podcasts in recent weeks, targeting multiple different voter demographics.
"The Joe Rogan Experience" podcast, hosted by Joe Rogan, is among the top listened-to podcasts in the U.S. and a major subscriber driver for Spotify. The music company said earlier this year Rogan <a href="https://www.benzinga.com/news/24/03/37886499/joe-rogan-dominates-spotify-podcast-scene-with-triple-the-followers-of-nearest-competitor">had 14.5 million followers</a> on the platform. Rogan has been number one on Spotify for <a href="https://www.benzinga.com/general/entertainment/23/11/36004998/joe-rogan-tops-spotifys-2023-podcasts-list-once-again-deal-likely-to-expire-in-2024-a-major">four straight years.</a>
Rogan has been exclusive to Spotify since 2020 and earlier this year <a href="https://www.benzinga.com/markets/equities/24/02/36914209/spotify-inks-multiyear-deal-with-podcast-king-joe-rogan-amid-shifting-strategy">signed a multiyear renewal</a> worth a reported $250 million.
While Rogan will likely get huge viewership figures ahead of the 2024 election as he talks about political topics and has noteworthy guests, drawing one or both of Trump and Harris, who have never appeared on the podcast, could be among the most highly anticipated shows in his history.
Spotify could stand to benefit as the company might see a boost in subscribers, target advertising dollars and offer bundles ahead of the podcast appearances to take advantage of the interviews.
While Trump has often commanded strong viewership figures for his media appearances, Harris recently helped "The View" post its best ratings in three and a half years. Harris' appearance on the Oct. 8 episode averaged 3.14 million, marking the most watched episode of the daytime show since Feb. 2021, as reported by <a href="https://variety.com/2024/tv/news/kamala-harris-the-view-ratings-best-1236179122/">Variety</a>.
The strong viewership helped "The View" win the week for total viewers among its peers.
While Trump confirmed his appearance, consumers aren't convinced Harris will make an appearance with the sometimes controversial Rogan. A prediction market on Polymarket <a href="https://polymarket.com/event/will-kamala-go-on-joe-rogan-before-election">lists </a>a 33% chance of Harris going on the podcast.
On Polymarket, users can deposit funds using&nbsp;USDC&nbsp;(CRYPTO:&nbsp;<a href="https://www.benzinga.com/quote/">USDC</a>) via the&nbsp;Polygon&nbsp;(CRYPTO:&nbsp;<a href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) network, or directly from a crypto account with&nbsp;Ethereum&nbsp;(CRYPTO:&nbsp;<a href="https://www.benzinga.com/quote/eth/usd">ETH</a>). In each betting market, the winning option pays out at $1.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent101624">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Spotify Growth Potential: An appearance by Harris and/or Trump on "The Joe Rogan Experience" could help boost the growth prospects for Spotify, but an analyst sees future growth coming without either interview.
KeyBanc Capital Markets analyst Justin Patterson reiterated an Overweight rating and raised the price target on Spotify from $440 to $490.
The analyst said Spotify is "finding the sweet spot of growth and margin."
Spotify reports third-quarter financial results on Nov. 12, which is coincidentally a week after the 2024 election.
With improved growth and profitability, the analyst raises estimates for several financial metrics ahead of the earnings print.
Patterson sees Spotify reporting net adds of 13 million monthly active users and 5 million premium subscribers.
"Given less disruption from bundles, we believe Spotify could outperform both metrics."
The analyst said there could be some upside in guidance based on bundle rollouts. Patterson is also bullish on a potential coming catalyst that could be announced by the company soon.
"There are growing signs that a high-end plan will be launched in the coming months."
Patterson said revenue growth, steady margin expansion and capital returns are all items that could help send Spotify shares higher.
"We continue to believe there is meaningful upside to Street profitability forecasts. We continue to view valuation as compelling.
SPOT Price Action: Spotify shares closed down 0.24% to $371.69 on Wednesday versus a 52-week trading range of $145.76 to $389.23. Spotify stock is up 96% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/10/41347270/trump-vs-harris-2024-election-polls-sportsbooks-betting-odds-show-different-winners-for-20">Trump Vs. Harris: 2024 Election Polls, Sportsbooks Betting Odds Show Different Winners For 2024 Election</a></li>
</ul>
Photo: Courtesy Joe Rogan Experience

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Analyst Ratings

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$ETH

$MATIC

$USDC

SPOT

Trump, Harris Consider Joe Rogan Podcast: Could Spotify Ride 2024 Election Wave? Analyst Says Company In 'Sweet Spot Of Growth'

Calumet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) and Gevo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEVO#NASDAQ">GEVO</a>) shares are on the move in extended trading Wednesday after the companies received conditional commitments from the <a href="https://www.benzinga.com/pressreleases/24/10/g41369229/gevo-secures-conditional-commitment-from-u-s-department-of-energy-loan-programs-office-for-its-net">U.S. Department of Energy (DOE)</a>.
What Happened With CLMT: Calumet announced Wednesday that the DOE Loan Programs Office awarded a conditional commitment for a loan guarantee of up to&nbsp;$1.44 billion&nbsp;to fund the construction and expansion of a renewable fuels facility owned by Calumet subsidiary Montana Renewables.
The loan guarantee is structured in two tranches.&nbsp;The first tranche of approximately $778 million is expected to close in the fourth quarter and be disbursed from 2025 through the anticipated completion of the project in 2028. A&nbsp;$150 million&nbsp;equity investment will also be made at the initial closing.
&#8220;Through our collaboration with the U.S. Department of Energy, we are thrilled to continue forward on the leading edge of our nation&#8217;s Sustainable Aviation Fuel transition,&#8221; said&nbsp;Todd Borgmann, CEO of Calumet. 
&#8220;This investment will allow us to leverage our first-mover advantage and unique renewable hydrogen and pretreatment technologies to transform Montana Renewables into a world scale SAF producer.&#8221;
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41366736/netflix-q3-earnings-preview-ad-supported-plan-price-hikes-and-content-slate-key-foc">Netflix Q3 Earnings Preview: Ad-Supported Plan, Price Hikes, And Content Slate Key Focus As Company &#8216;Adds More And More Live Content&#8217;</a>
What Happened With GEVO: Gevo was also awarded a conditional commitment for a loan guarantee from the DOE&#8217;s Loan Programs Office, with disbursements totaling&nbsp;$1.46 billion. The commitment is related to the construction of the company&#8217;s Net-Zero 1 project (NZ1) in South Dakota.&nbsp;
&#8220;This marks a watershed moment for the Net-Zero 1 project and a critical step forward in Gevo&#8217;s mission to transform the aviation industry by providing a scalable, sustainable, and economical renewable-carbon-based jet fuel — SAF,&#8221; said Patrick Gruber, CEO of Gevo.
&#8220;This valuable commitment to help finance NZ1, if finalized, should also attract other capital investments to unlock SAF commercialization given the robust due diligence conducted by the agency.&#8221;
CLMT, GEVO Price Action: At publication time after market hours, Calumet shares were up 19.74% at $26.26 and Gevo shares were up 46.22% at $3.28, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

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Contracts

CLMT

GEVO

Calumet, Gevo Shares Are Soaring Wednesday: What's Going On?

In a marked reversal, PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) says it will be adding more chips to some bags in a move designed to lure consumers who have grown <a href="https://www.benzinga.com/personal-finance/24/09/41027068/kevin-oleary-says-we-need-answers-not-kumbaya-politics-takes-aim-at-harris-for-offering-no-real-">tired of "shrinkflation." </a>
The Details: According to a CNN <a href="https://www.cnn.com/2024/10/16/business/tostitos-chips-shrinkflation-pepsi/index.html">report</a>, the largest snack manufacturer in the U.S. will fight back against the trend of smaller sizes at higher prices.&nbsp;
PepsiCo, which produces Lay's, Tostitos, Doritos and Ruffles brand snacks, will begin offering Tostitos and Ruffles "bonus" bags that contain 20% more chips for the same price as the standard size. The company will also be adding two additional chip bags to its 18-bag variety-pack option, the spokesperson told CNN. 
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41340022/amazon-analyst-expects-q3-earnings-with-revenue-growth-margin-expansion-relative-st">Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand</a>
TD Cowen analyst Robert Moskow said Pepsi's competitors will likely follow suit and increase the size of their packaging. The TD Cowen analyst highlighted increasing snack prices which have grown 36% since 2020, outpacing a 21% increase in overall grocery prices. 
The average price of 16-ounce potato chips in September 2024 was $6.46, up from $5.02 in September 2020, <a href="https://fred.stlouisfed.org/series/APU0000718311">according to the Bureau of Labor Statistics.</a>
Pepsi&#8217;s Profits Shrink: Cash-strapped consumers have reacted to the higher prices by purchasing fewer snacks.&nbsp; PepsiCo's snack sales fell 1% <a href="https://www.benzinga.com/news/earnings/24/10/41225048/pepsico-adjusts-2024-revenue-expectations-after-mixed-q3-performance-and-global-challenges">last quarter</a>, snack volumes dropped 1.5% and the company's third-quarter revenue was more than $500 million below the Street's estimate, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.&nbsp;
Pepsi CEO Ramon Laguarta addressed the issue in the company's earnings call last week.&nbsp;
&#8220;The cumulative impacts of inflationary pressures and higher borrowing costs over the last few years have continued to impact consumer budgets and spending patterns,&#8221; Laguarta said.
PepsiCo is hoping to revive its snack food segment by providing more value to its customers in the form of more chips per bag.&nbsp;
PEP Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, PepsiCo shares ended Wednesday's session down 0.81% at $174.48. 
Read Also: 
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<li><a href="https://www.benzinga.com/government/24/10/41346351/cybersecurity-firm-warns-of-threats-to-2024-presidential-election-integrity">Cybersecurity Firm Warns Of Threats</a></li>
</ul>

Pepsi Fights Back Against Shrinkflation: Why Your Chip Bags Will Be Fuller In The Future

Synovus Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) reported quarterly earnings of $1.23 per share which beat the analyst consensus estimate of $1.08 by 13.89 percent. This is a 46.43 percent increase over earnings of $0.84 per share from the same period last year. The company reported quarterly sales of $564.720 million which beat the analyst consensus estimate of $559.198 million by 0.99 percent. This is a 2.62 percent increase over sales of $550.298 million the same period last year.

Synovus Finl Q3 2024 Adj. EPS $1.23 Beats $1.08 Estimate, Sales $564.720M Beat $559.198M Estimate

Oriental Rise Holding Limited is an integrated supplier of tea products in mainland China.&nbsp;
The ordinary shares are expected to commence trading on Nasdaq Capital Market under the ticker symbol &quot;ORIS&quot; on October 17, 2024.
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IPOs

ORIS

Oriental Rise Holding Prices IPO Of 1.75M Ordinary Shares At $4 Per Share, For Total Gross Proceeds Of $7M

With less than three weeks left before <a href="https://www.benzinga.com/topic/election-day">Election Day</a>, Smart &amp; Safe Florida, the campaign behind Florida&#8217;s marijuana legalization ballot, <a href="https://www.benzinga.com/markets/cannabis/24/04/38034138/florida-supreme-court-approves-cannabis-legalization-proposal-for-november-election-in-blow-to-d" target="_blank" rel="noreferrer noopener">Amendment 3</a>, has released a pair of new ads, including one that features clips of former President <a href="https://www.benzinga.com/topic/donald-trump">Donald Trump </a>endorsing the cannabis reform proposal, which he <a href="https://www.benzinga.com/markets/cannabis/24/08/40666944/donald-trump-supports-cannabis-legalization-in-florida-game-changer-and-huge-blow-to-ron-desanti">did at the end of August</a>.
Smart &amp; Safe, which has been ramping up its advertising over the past several weeks, has increasingly and wisely leaned into messaging about the bipartisan appeal of the legalization measure. That strategy was employed in the campaign&#8217;s use of the Trump endorsement, which by the way was not warmly greeted by Gov. <a href="https://www.benzinga.com/topic/ron-desantis">Ron DeSantis</a>, who continues to deplore the idea of legal cannabis in Florida where Trump is a resident.
Read Also:&nbsp;<a href="https://www.benzinga.com/markets/cannabis/24/10/41365515/ron-desantis-pregnant-pigs-and-floridas-cannabis-legalization-battle-over-constitutional-amendme" target="_blank" rel="noreferrer noopener">Ron DeSantis, Pregnant Pigs And Florida's Cannabis Legalization: Battle Over Constitutional Amendment Rages</a>
The new ad featuring Trump, title "<a href="https://smartsafeflorida.cmail20.com/t/y-l-mkhdye-hrudilkrkr-k/" target="_blank" rel="noreferrer noopener">Good</a>," shows the former president talking about his support for the amendment&nbsp;during a podcast interview last month, wherein he says cannabis reform is "going to be very good" for Florida. "It's got to be done in a very concerted, lawful way. And the way they're doing it in Florida, I think is going to be actually good," Trump said. 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Good &#x7C; Vote Yes on Amendment 3!" width="500" height="281" src="https://www.youtube.com/embed/rGinjQMP4D0?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>
The Smart &amp; Safe ad concludes with a message: "Amendment 3 legalizes marijuana for adults. Safe, lab-tested and regulated — generating billions for schools and law enforcement. Join President Donald Trump. Vote ‘yes' on Amendment 3."
In the "<a href="https://smartsafeflorida.cmail20.com/t/y-l-mkhdye-hrudilkrkr-h/" target="_blank" rel="noreferrer noopener">Right Way</a>" ad, Republican State Sen. Joe Gruters outlines that while Florida "is the freest state in America, we still have outdated marijuana laws obstructing that freedom. Amendment 3 would give adults back that freedom, and give Florida a chance to legalize marijuana responsibly."
Read Also:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/10/41368890/florida-sheriff-backs-cannabis-legalization-amendment-im-a-conservative-with-strong-faith-and-fa">Florida Sheriff Backs Cannabis Legalization Amendment: &#8216;I&#8217;m A Conservative With Strong Faith And Family Values&#8217;</a></li>
</ul>
Photo: Shutterstock; Eugenio Cuppone via Pixabay

Legal

Donald Trump Appears In Florida Cannabis Legalization Campaign Ad, Discussing His Support For Legal Marijuana

WIIM

LBRT

Liberty Energy shares are trading lower after the company reported Q3 earnings and sales below estimates.

The redemption date will be&nbsp;December 16, 2024.&nbsp; The redemption price with respect to any redeemed note will equal&nbsp;100%&nbsp;of the principal amount thereof, plus accrued and unpaid interest, from&nbsp;July 15, 2024, to, but excluding the redemption date.&nbsp;&nbsp;

MongoDB Issues Notice Of Redemption For All $1.149B Of Its 0.25% Convertible Senior Notes Due 2026

LCID

Lucid Group shares are trading lower after the company announced a public offering of common stock, along with a corresponding investment by an affiliate of the Public Investment Fund.

In October 2024, the Company completed its previous one-year&nbsp;$75 million&nbsp;share repurchase program.

Buybacks

Minerals Technologies Board Authorizes New $200M Share Repurchase Program

The dividend is payable on&nbsp;December 5, 2024, to stockholders of record at the close of business on&nbsp;October 31, 2024.

Dividends

Minerals Technologies Boosts Regular Quarterly Dividend By 10% From $0.10 To $0.11 Per Share

Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) has outperformed the market over the past 5 years by 3.86% on an annualized basis producing an average annual return of 18.12%. Currently, Cleanspark has a market capitalization of $3.03 billion. 
Buying $100 In CLSK: If an investor had bought $100 of CLSK stock 5 years ago, it would be worth $232.16 today based on a price of $11.96 for CLSK at the time of writing.
<h3>Cleanspark's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729114272_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CLSK

Here's How Much $100 Invested In Cleanspark 5 Years Ago Would Be Worth Today

CENX

Century Aluminum shares are trading higher in sympathy with Alcoa, which reported better-than-expected Q3 adjusted EPS results.

Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) has outperformed the market over the past 10 years by 3.59% on an annualized basis producing an average annual return of 15.21%. Currently, Ciena has a market capitalization of $9.57 billion. 
Buying $1000 In CIEN: If an investor had bought $1000 of CIEN stock 10 years ago, it would be worth $4,281.03 today based on a price of $66.57 for CIEN at the time of writing.
<h3>Ciena's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729114267_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CIEN

Here's How Much $1000 Invested In Ciena 10 Years Ago Would Be Worth Today

Analysts have been eager to weigh in on the NA sector with new ratings on Silvaco Group, Inc. (SVCO – Research Report) and Viking Holdings Ltd (VIK...

Analysts Offer Insights on NA Companies: Silvaco Group, Inc. (SVCO) and Viking Holdings Ltd (VIK)

In a report released today, Christian Schwab from Craig-Hallum reiterated a Buy rating on Silvaco Group, Inc. (SVCO – Research Report), with a pric...

Silvaco Group, Inc. (SVCO) Gets a Buy from Craig-Hallum

In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Silvaco Group, Inc. (SVCO – Research Report). The company...

Craig-Hallum Remains a Buy on Silvaco Group, Inc. (SVCO)

TD Cowen analyst Krish Sankar maintained a Buy rating on Silvaco Group, Inc. (SVCO – Research Report) today and set a price target of $23.00. Krish...

Buy Rating Affirmed for Silvaco Group on Strong Performance and Growth Prospects

Analysts have been eager to weigh in on the NA sector with new ratings on Waystar Holding Corp. (WAY – Research Report), Arcadium Lithium Plc (ALTM...

Analysts Offer Insights on NA Companies: Waystar Holding Corp. (WAY), Arcadium Lithium Plc (ALTM) and Silvaco Group, Inc. (SVCO)

Silvaco Group GAAP EPS of -$1.55 misses by $0.85, revenue of $15M beats by $0.34M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Silvaco Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/svco-stock-quote/">SVCO</a>) just reported results for the second quarter of 2024.<ul><li>Silvaco Group reported earnings per share of 7 cents. This was above the analyst estimate for EPS of 2 cents.</li><li>The company reported revenue of $14.96 million.</li><li>This was 2.19% better than the analyst estimate for revenue of $14.64 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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SVCO Stock Earnings: Silvaco Group Beats EPS, Beats Revenue for Q2 2024

Silvaco: Reaching Speculative Appealing Territory

Silvaco Group reports Q3  Preliminary results

Analyst Krish Sankar from TD Cowen maintained a Buy rating on Silvaco Group, Inc. (SVCO – Research Report) and decreased the price target to $20.00...

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