Dernières nouvelles pour Twist Bioscience (NASDAQ:TWST) Stock

Twist Bioscience

Twist Bioscience Corp is a synthetic biology company. It develops a disruptive DNA synthesis platform to industrialize the engineering of biology. The company's DNA synthesis platform utilizes a proprietary semiconductor-based synthetic DNA manufacturing process that synthesizes DNA on silicon instead of on traditional well-plastic plates to enable the production of high-quality synthetic DNA faster and affordable as well as overcomes inefficiencies and powers cost-effective, rapid high-throughput synthesis, enabling researchers to rapidly realize opportunities ahead. Geographically, it derives a majority of its revenue from the United States.

Twist Bioscience Corporation - Common Stock

Twist Bioscience Corp

News

AGAE

Reported Earlier, AGAE Responds To Knighted's Legal Claims, Alleging Roy Choi's Attempt To Undermine Board's Strategic Decisions For Short-Term Gains

Elon Musk&#8216;s SpaceX has been increasing its launch cadence, enabling 17 launches in the last 31 days, and exceeding its <a href="https://www.benzinga.com/news/24/01/36860379/one-month-into-2024-spacex-is-already-falling-short-of-its-own-launch-targets-temporary-setback-or-c">monthly launch targets</a>.
What Happened: SpaceX&#8217;s Falcon 9 rocket launched 24 Starlink satellites to low-Earth orbit from Florida on Thursday, marking its 17th launch in 31 days.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Falcon 9 lifts off from pad 40 in Florida, completing our 17th launch in 31 days! <a href="https://t.co/w0snRDcUA9">pic.twitter.com/w0snRDcUA9</a>
&mdash; SpaceX (@SpaceX) <a href="https://twitter.com/SpaceX/status/1857082099154456924?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote>
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SpaceX launched almost every other day in the last 31 days, exceeding its target set at the start of the year of 12 launches every month. 
However, the Musk-led space giant <a href="https://www.benzinga.com/news/24/07/39612042/elon-musks-spacex-launches-67-missions-in-first-half-of-2024-trailing-own-targets">fell short of its launch targets</a> in the first half of 2024, completing just 67 missions, not including its Starship test flights. The company is now trying to reach its launch target for the whole year by amping up launches in the remaining months.
Why It Matters: SpaceX has already exceeded 100 launches this year, outrunning its 96 launches in 2023. 
SpaceX VP of Launch Kiko Dontchev said earlier this month that the company will <a href="https://www.benzinga.com/news/24/11/41767169/spacex-completes-400th-successful-falcon-launch-to-date-but-will-miss-target-of-144-launches-in-2024">not make its goal of 144 launches this year</a> but is still targeting 30 more launches, or one launch every two days, for the rest of the year.
SpaceX is currently using its Falcon launch vehicles for the payload carrying missions. The company is also testing its Starship launch vehicle, whose next test flight is expected <a href="https://www.benzinga.com/general/space/24/11/41871398/spacex-aims-to-launch-starship-once-every-2-weeks-by-late-2025-ceo-elon-musk-says-we-will-be-much-faster">as early as Nov. 18</a>. 
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>
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</ul>
Photo courtesy: SpaceX

SPACE

Tech

SpaceX Speeds Up Mission Launches With A New One Taking Off Every Other Day Over Last Month As It Races Towards Its 2024 Target

The Share Repurchase is being made pursuant to the Company's existing $50.0 million share repurchase program. On November 14, 2024, the Company announced that its Board of Directors authorized a share repurchase program, beginning on the date thereof and continuing through and including December 31, 2025. After the completion of the Share Repurchase described above, there will be $35.0 million remaining under the Company's share repurchase program.

Kodiak Gas Prices Upsized Offering Of 5.7M Common Shares At $34.50/Share; Proceeds To Selling Stockholder, $15M Buyback To Follow

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the Dow Jones falling more than 200 points during the session as investors digested recent economic reports.
U.S. initial jobless claims declined by 4,000 from the previous week to 217,000 in the week ending Nov. 9, compared to market estimates of 223,000. U.S. producer prices rose 0.2% month-over-month in October compared to a revised 0.1% gain in September, in line with market expectations.
Shares of Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell around 5.8% on Thursday after recording sharp gains in the recent period. The small-cap benchmark Russell 2000 tumbled over 1% during the session.
Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) shares fell over 2% on Thursday despite reporting better-than-expected results for its first quarter.
Most sectors on the S&amp;P 500 closed on a negative note, with consumer discretionary, industrials, and healthcare stocks recording the biggest losses on Thursday. However, information technology and energy stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 207 points to 43,750.86 on Thursday. The S&amp;P 500 fell 0.60% to 5,949.17, while the Nasdaq Composite fell 0.64% to close at 19,107.65 during Thursday's session.
Investors are awaiting earnings results from Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Spectrum Brands Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPB#NYSE">SPB</a>), and RLX Technology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLX#NYSE">RLX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 60.3, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 65.8.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next:
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</ul>
Photo courtesy: Shutterstock

Earnings

Pre-Market Outlook

Markets

Trading Ideas

BABA

CSCO

TSLA

Dow Dips Over 200 Points Following Economic Reports, Tesla Tumbles On Potential Removal Of EV Tax Credit: Fear Index Remains In 'Greed' Zone

Dupixent sBLA accepted for FDA review for the treatment of chronic spontaneous urticaria
<ul>
<li>Resubmission includes new pivotal data which confirm Dupixent significantly reduced itch and hive activity</li>
<li>More than 300,000 people in the US suffer from chronic spontaneous urticaria (CSU) that is inadequately controlled by antihistamines</li>
<li>FDA decision expected by April 18, 2025; if approved, Dupixent would be the first targeted therapy for CSU in a decade &nbsp;</li>
</ul>

REGN

Dupixent's sBLA Resubmission Accepted By FDA; Phase 3 Data Demonstrate Significant Itch And Hive Reduction For Chronic Urticaria Patients

Wing, a drone business backed by Google-parent 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>), and Apian, a British technology start-up, have launched a drone service for NHS blood sample deliveries in London.
What Happened:&nbsp;This new drone service, operating between Guy's and St Thomas' hospitals, reduces delivery time for blood samples from 30 minutes by van or motorbike to just 2 minutes, <a href="https://www.thetimes.com/article/dbd69ffe-252c-4d79-8f1f-ae9474f5b955">reported</a> The Times.
The drones are used to transport critical samples from patients at risk of bleeding disorders, helping to speed up decisions for surgeries and ensuring quick access to lab analysis.
Alphabet CEO Sundar Pichai took to X, formerly Twitter, and said, "Reducing blood sample delivery from 30 min to 2 min means faster results and quicker care for patients in critical need. Important use case for drone technology."
See Also:&nbsp;<a href="https://www.benzinga.com/tech/24/11/41894509/apples-next-big-bet-think-smaller-says-analyst-there-will-never-be-another-iphone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s Next Big Bet? Think Smaller, Says Analyst: &#8216;There Will Never Be Another… iPhone&#8217;</a>
Guy's and St Thomas' NHS Foundation Trust have also backed this venture.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Reducing blood sample delivery from 30 min to 2 min (!) means faster results and quicker care for patients in critical need. Important use case for drone technology &#8211; well done to <a href="https://twitter.com/Wing?ref_src=twsrc%5Etfw">@Wing</a> <a href="https://twitter.com/Apianaero?ref_src=twsrc%5Etfw">@apianaero</a> <a href="https://twitter.com/NHSuk?ref_src=twsrc%5Etfw">@NHSuk</a> <a href="https://t.co/BPANo3Gr00">https://t.co/BPANo3Gr00</a>
&mdash; Sundar Pichai (@sundarpichai) <a href="https://twitter.com/sundarpichai/status/1857120784713654611?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote>
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Why It Matters:&nbsp;This initiative comes after Alphabet reported a 15% year-over-year increase in <a href="https://www.benzinga.com/news/earnings/24/10/41611263/alphabet-q3-earnings-highlights-revenue-beat-eps-beat-google-cloud-up-35-momentum-across-the-compan">third-quarter revenue</a>, highlighting the company&#8217;s extraordinary momentum.
The drone project also aligns with Alphabet&#8217;s previous ventures into drone delivery services, such as its partnership with DoorDash in the U.S. to deliver food items.
Apian, which identifies itself as a <a href="https://www.benzinga.com/general/24/04/38088421/doordash-partners-with-googles-wing-for-drone-delivery-pilot-in-the-us-to-fly-food-to-your-front-doo">&#8220;healthcare logistics&#8221; business</a>, aims to become the &#8220;Deliveroo of medical transport&#8221;,&nbsp;creating a platform to match&nbsp;clinicians with urgent transport requests&nbsp;and commercial drone companies.
The company&nbsp;was founded in 2020 by&nbsp;Dr. Christopher Law, Dr. Hammad Jeilani, and&nbsp;Alexander Trewby, formerly of Google&nbsp;Health.
Price Action: As of the latest data, Alphabet's Class A shares declined 0.24% in after-hours trading to $175.15, while Class C shares slipped 0.20% to $177. In the regular session on Thursday, Class A and Class C shares closed at $175.58 and $177.35, respectively, according to<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener"> Benzinga Pro data</a>.
World Economic Forum on Flickr
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<li><a href="https://www.benzinga.com/media/24/11/41927913/amazon-confirms-vendor-data-breach-affecting-2-8m-employee-contacts-adds-to-growing-list-of-moveit-hack-victims?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Amazon Confirms Vendor Data Breach Affecting 2.8M+ Employee Contacts, Adds To Growing List Of MOVEit Hack Victims</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Health Care

Media

GOOG

GOOGL

Sundar Pichai Praises Google-Backed Apian Drones For Cutting Blood Sample Delivery Time From 30 To 2 Minutes: 'Quicker Care For Patients In Critical Need'

<ul>
<li>Afqlir&#xAE; (aflibercept) approved to treat various retinal diseases, including neovascular age-related macular degeneration (nAMD)</li>
<li>One of several biosimilar value drivers for Sandoz</li>
<li>Sandoz remains committed to accelerating patient access by strengthening its biosimilar portfolio, reinforcing global and European leadership</li>
</ul>

SDZNY

SDZXF

Sandoz Gains European Commission Approval For Afqlir (aflibercept), Targeting Wider Access Biosimilars In Europe

President-elect Donald Trump met Argentina President&nbsp;Javier Milei at his Mar-a-Lago resort Thursday. This was his first meeting with a world leader since winning the elections last week.
What Happened: Milei congratulated Trump on his election victory, lending support to the shared ideas of liberty and economic prosperity, <a href="https://www.bloomberg.com/news/articles/2024-11-15/argentine-president-milei-praises-trump-at-mar-a-lago-event?srnd=homepage-europe">Bloomberg</a> reported. 
"Today, the winds of freedom are blowing much stronger,"&nbsp;he said in Spanish at the America First Policy Institute event.&nbsp;&#8220;I am exhilarated to be able to share with the new U.S. administration the same level of freedom, and I'm convinced that together we will restore it to the place it deserves.
Milei, who assumed office a year ago, also praised tech mogul Elon Musk, who was in the audience, for promoting free speech through X. 
Trump, in turn, acknowledged Milei&#8217;s speech, stating, &#8220;Your speech was beautiful, but the job you've done is incredible.&#8221;
See Also: <a href="https://www.benzinga.com/24/11/41999143/microstrategy-ceo-michael-saylor-expects-more-pro-bitcoin-policies-under-incoming-trump-administration">Michael Saylor Is Planning A Bitcoin $100K Party At His House, Expects End Of War On Crypto Under Trump</a>
Why It Matters: Milei has earned praise from Trump for his economic policies. During an <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40329146/trump-praises-pro-bitcoin-argentina-president-javier-mileis-maga-like-economic-policies-in">interview</a> with Musk In August, the president-elect highlighted Argentina&#8217;s prosperity under Milei&#8217;s leadership, drawing parallels to his own &#8220;Make America Great Again&#8221; policy.
There has been significant bonhomie between Musk and Milei as well. The two met warmly in September <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40994028/elon-musk-dons-his-maga-hat-to-meet-pro-bitcoin-president-javier-milei-duo-discuss-argenti">on the sidelines</a> of Argentina&#8217;s national speech to the United Nations General Assembly.
Prior to that, Musk <a href="https://www.benzinga.com/24/09/40679115/elon-musk-praises-pro-bitcoin-president-javier-mileis-efforts-in-restoring-argentina-to-greatness-am">expressed his admiration</a> for Milei&#8217;s efforts in <a href="https://www.benzinga.com/24/09/40679115/elon-musk-praises-pro-bitcoin-president-javier-mileis-efforts-in-restoring-argentina-to-greatness-am">restoring Argentina&#8217;s stature</a>.
Milei secured victory in the November elections after promising large cuts in public spending to address Argentina&#8217;s fiscal deficit and increasing inflation. His libertarian stance is also reflected in his support for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), making him one of the very few heads of state to openly endorse the asset.
However, the president has also faced criticism for his austerity measures, <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40825073/pro-bitcoin-president-javier-milei-triumphs-as-pension-spending-hike-stalled-in-argentinas" target="_blank" rel="noreferrer noopener">with many taking to the streets </a>to oppose his attempts to halt the increase in pension spending.
resident of the Republic of Armenia via Wikimedia Commons
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</ul>

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

Cryptocurrency

Politics

$BTC

Pro-Bitcoin Argentina President Javier Milei Becomes First Foreign Leader To Meet Trump: 'Winds Of Freedom Are Blowing Much Stronger'

Nexxen International Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXN#NASDAQ">NEXN</a>) will release earnings results for its third quarter, before the <a href="https://www.benzinga.com/quote/NEXN/earnings">opening bell on Friday, Nov. 15.</a>
Analysts expect the Tel Aviv-Yafo, Israel-based bank to report quarterly earnings at 13 cents per share, down from 18 cents per share in the year-ago period. Nexxen projects to report revenue of $88.65 million for the recent quarter, compared to $80.09 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Aug. 22, Nexxen International posted better-than-expected sales for the second quarter.
Nexxen shares gained 1.9% to close at $7.67 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/64da23ec2e59fb0001505ffd/matthew-swanson">RBC Capital analyst Matthew Swanson</a> maintained an Outperform rating and raised the price target from $9 to $11 on Aug. 23. This analyst has an accuracy rate of 62%.</li>
<li>Needham analyst Laura Martin maintained a Buy rating and raised the price target from $6.5 to $8.5 on Aug. 23. This analyst has an accuracy rate of 74%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/598858a9803ad30001474c48/andrew-boone">JMP Securities analyst Andrew Boone</a> reiterated a Market Outperform rating with a price target of $11 on June 14. This analyst has an accuracy rate of 61%.</li>
<li>Stifel analyst Mark Kelley maintained a Hold rating and raised the price target from $5.5 to $6 on May 21. This analyst has an accuracy rate of 88%.</li>
</ul>
Considering buying NEXN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="546" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15004101/image-161-1024x546.png" alt="" class="wp-image-649585" style="width:659px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15004101/image-161-1024x546.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15004101/image-161-300x160.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15004101/image-161-768x409.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15004101/image-161.png 1220w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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</ul>

Price Target

Analyst Ratings

NEXN

Top Wall Street Forecasters Revamp Nexxen International Price Expectations Ahead Of Q3 Earnings

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Industrial Production (MoM) For September 1.6% Vs. 1.4% Est.; 1.4% Prior

With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) to report quarterly earnings at $2.1 per share on revenue of $33.95 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Alibaba shares rose 0.1% to $90.70 in after-hours trading.</li>
<li>Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) reported better-than-expected earnings for its fourth quarter. For the first quarter of fiscal 2025, Applied said it expects net revenue to be approximately $7.15 billion, plus or minus $400 million. Non-GAAP diluted EPS is expected to be approximately $2.29, plus or minus 18 cents. Applied Materials shares fell 6% to $174.90 in the after-hours trading session.</li>
<li>Analysts are expecting Spectrum Brands Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPB#NYSE">SPB</a>) to post quarterly earnings at $1.02 per share on revenue of $746.54 million. The company will release earnings before the markets open. Spectrum Brands shares gained 1.8% to $95.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Despegar.com, Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) reported better-than-expected third-quarter earnings and sales results on Thursday. The company said it sees FY24 revenue of at least $760 million and adjusted EBITDA of at least $170 million. Despegar.com shares jumped 13.4% to $16.85 in the after-hours trading session.</li>
<li>Analysts expect RLX Technology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLX#NYSE">RLX</a>) to report quarterly earnings at 3 cents per share on revenue of $105.08 million before the opening bell. RLX Technology shares gained 0.6% to $1.64 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41971544/jim-cramer-recommends-microsoft-praises-american-water-works-for-being-consistent">Jim Cramer Recommends Microsoft, Praises American Water Works For Being &#8216;Consistent&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

AMAT

DESP

Alibaba, Applied Materials And 3 Stocks To Watch Heading Into Friday

Reported Earlier, Chinese Unemployment Rate For October 5.0% Vs. 5.1% Est.; 5.1% Prior

Reported Earlier, China Industrial Production Year to Date (YoY) For October 5.8% Vs. 5.8% Prior

Reported Earlier, China Industrial Production (YoY) For October 5.3% Vs. 5.5% Est.; 5.4% Prior

Reported Earlier, China Fixed Asset Investment (YoY) For October 3.4% Vs. 3.5% Est.; 3.4% Prior

Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) will release earnings results for its second quarter, before the <a href="https://www.benzinga.com/quote/BABA/earnings">opening bell on Friday, Nov. 15.</a>
Analysts expect the China-based company to report quarterly earnings at $2.1 per share on revenue of $33.95 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Alibaba Group, last month, decided to settle a class-action lawsuit filed by its shareholders for $433.5 million. The lawsuit alleged that the company had made misleading statements about its exclusivity practices.
Alibaba shares fell 1.5% to close at $90.58 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/BABA/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/598858a9803ad30001474c4d/james-lee">Mizuho analyst James Lee</a> maintained an Outperform rating and raised the price target from $92 to $113 on Nov. 12. This analyst has an accuracy rate of 83%.</li>
<li>Baird analyst Colin Sebastian maintained an Outperform rating and increased the price target from $88 to $110 on Oct. 24. This analyst has an accuracy rate of 81%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5804be1a846faa000106aa69/rob-sanderson">Loop Capital analyst Robert Sanderson</a> maintained a Buy rating with a price target of $115 on Aug. 29. This analyst has an accuracy rate of 71%.</li>
<li>Susquehanna analyst Shyam Patil maintained a Positive rating and cut the price target from $135 to $130 on Aug. 19. This analyst has an accuracy rate of 69%.</li>
<li>Truist Securities analyst Youssef Squali maintained a Buy rating and slashed the price target from $110 to $100 on Aug. 16. This analyst has an accuracy rate of 81%.</li>
</ul>
Considering buying BABA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="549" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15003733/image-160-1024x549.png" alt="" class="wp-image-649569" style="width:608px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15003733/image-160-1024x549.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15003733/image-160-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15003733/image-160-768x412.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15003733/image-160.png 1227w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Reported Earlier, Japan Gross Domestic Product (YoY) Preliminary For Q3 0.9% Vs. 2.2% (Revised) Prior

Amid Comcast Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) <a href="https://www.benzinga.com/news/earnings/24/10/41653550/comcast-q3-earnings-olympics-power-nbcuniversal-gains-peacock-hits-36m-subscribers-explores-forming">impending cable networks</a> spinoff,&nbsp;Walt Disney Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO Robert A. Iger has ruled out the need for further mergers and acquisitions.
What Happened: On Thursday, during <a href="https://www.benzinga.com/24/11/41971559/disneys-q4-boosted-by-streaming-gains-strong-box-office-and-solid-parks-performance">Disney&#8217;s fourth-quarter earnings</a> call, UBS analyst John Hodulik asked Iger about the potential for Disney to make similar moves.
In response, Iger pointed to Disney&#8217;s successful acquisition of assets from 20th Century Fox in 2017, driven by the rise of streaming. This strategic move has led to&nbsp;approximately 174 million global subscribers&nbsp;for Disney.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/24/11/41868328/amazons-ai-investment-palantirs-winning-strategy-metas-bee-problem-and-palantirs-eye-popping-results-this-week-in-ai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Amazon&#8217;s AI Investment, Palantir&#8217;s Winning Strategy, Meta&#8217;s Bee Problem, And Palantir&#8217;s &#8216;Eye-Popping&#8217; Results: This Week In AI</a>
&#8220;We, in many respects, have&nbsp;already consolidated. We don&#8217;t really&nbsp;need more assets right now,&nbsp;either from a distribution or&nbsp;from a content perspective to&nbsp;thrive in basically a disruptive&nbsp;media world,&#8221; Iger said.
Disney&#8217;s senior executive vice president&nbsp;and CFO, Hugh Johnston, also rejected the idea of divestitures, stating that he did not see a value-creating opportunity for Disney in this regard.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Disney&#8217;s fourth-quarter earnings were boosted by streaming gains, strong box office performance, and solid park performance. The company reported a 6% YoY revenue growth to $22.57 billion, marginally beating the analyst consensus of $22.35 billion.
Comcast is exploring a spinoff of its NBCU Cable Networks into a new company. This move was announced by Comcast president Mike Cavanagh at the company&#8217;s third-quarter earnings.
Comcast reported a revenue decline of 6.5% YoY to $32.07 billion at the time, beating the&nbsp;<a href="https://www.benzinga.com/pressreleases/24/10/b41648656/comcast-reports-3rd-quarter-2024-results" target="_blank" rel="noreferrer noopener">analyst consensus estimate of $31.64 billion</a>.
Price Action: Disney shares closed Thursday's session with a 6.23% gain, finishing at $109.12. However, in after-hours trading, the stock saw a slight dip, settling at $108.50 as of the latest update.
In contrast, Comcast shares declined by 0.98% in Thursday&#8217;s session, closing at $43.48, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Image via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/tech/24/11/41894509/apples-next-big-bet-think-smaller-says-analyst-there-will-never-be-another-iphone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s Next Big Bet? Think Smaller, Says Analyst: &#8216;There Will Never Be Another… iPhone&#8217;</a></li>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Entertainment

CMCSA

Bob Iger Slams The Brakes On New M&A Amid Comcast's Cable Spinoff: Disney Doesn't 'Really Need More Assets' To Compete

Invesco Small Cap Growth Fund Q2 2024 Review

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Analysts Offer Insights on Healthcare Companies: CureVac (CVAC), Vericel (VCEL) and Twist Bioscience (TWST)

Interest Rate Regimes And ARKG: Underperformance Explained

Barclays analyst Luke Sergott maintained a Buy rating on Twist Bioscience (TWST – Research Report) today and set a price target of $55.00. The comp...

Barclays Sticks to Their Buy Rating for Twist Bioscience (TWST)

Analyst Catherine Ramsey Schulte of Robert W. Baird maintained a Buy rating on Twist Bioscience (TWST – Research Report), retaining the price targe...

Positive Outlook and Strong Pricing Strategy Justify Buy Rating for Twist Bioscience

XOMA Royalty Corporation (XOMA) has entered into a $15 million royalty monetization arrangement with Twist Bioscience Corporation (TWST) to acquire...

Xoma enters $15M royalty monetization arrangement with Twist Bioscience

Twist Bioscience enters into purchase agreement with XOMA Royalty

Leerink Partners analyst Puneet Souda maintained a Hold rating on Twist Bioscience (TWST – Research Report) on October 22. The company's shares ope...

Leerink Partners Remains a Hold on Twist Bioscience (TWST)

Twist Bioscience's Earnings Preview: Partnerships And Valuation Make It A 'Buy'

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Press Releases

Twist Bioscience to Present at Baird Global Healthcare Conference 2024

Twist Bioscience Releases 2024 Corporate Responsibility Report and Quantifies Carbon Footprint of Oligo Manufacturing Process for NGS Target Enrichment Panels

Twist Bioscience Achieves LEED Certification for Sustainable Operations and Maintenance

Twist Bioscience Appoints Mike Fero, Ph.D., as Chief Information Officer

Twist Bioscience Enters into Royalty Purchase Agreement with XOMA Royalty for $15 Million in Cash

Twist Bioscience to Report Fiscal 2024 Fourth Quarter and Full Year Financial Results on Monday, November 18, 2024

Twist Bioscience Launches FlexPrep™ Ultra-High Throughput Library Preparation Kit for Applications in Agrigenomics and Population Genomics

Absci and Twist Bioscience Collaborate to Design Novel Antibody using Generative AI

Twist Bioscience Corporation Announces Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

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