Dernières nouvelles pour Xiaomi (OTC:XIACY) Stock

Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2024, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.

Xiaomi Corp

U.S. stock futures advanced on Wednesday after closing lower on Tuesday. Futures of all four major indices rose in premarket trade.
After a mixed close on Monday and a fall on Tuesday, the U.S. market has remained sluggish in yet another truncated week as it will remain closed for former President Jimmy Carter&#8217;s &#8216;National Day of Mourning&#8217; on Thursday, Jan. 9.
The 10-year and two-year Treasury notes yielded 4.67% and 4.28%, respectively. The probability of having no change in the interest rates for the upcoming Jan. 31, 2025, FOMC meeting was at 95.2%, <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">according to</a> CME Group&#8217;s FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.38%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.30%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.24%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.11%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.33% to $590.60&nbsp;and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.36% to $517.02, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
U.S. stocks experienced a <a href="https://www.benzinga.com/25/01/42867409/sp-500-down-over-1-amid-decline-in-nvidia-fear-greed-index-remains-in-fear-zone">downturn </a>on Tuesday, with the S&amp;P 500 closing more than 1% lower. This decline was primarily driven by a decline in major technology companies.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares retreated significantly after reaching a new peak. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock faced a setback following a downgrade by BofA Securities. Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) also saw a decline in its share price.
Economic data released on Tuesday showed a widening of the U.S. trade deficit. Imports increased at a faster pace than exports, contributing to the deficit.
Most sectors within the S&amp;P 500 ended the day in negative territory. Consumer discretionary, communication services and information technology were among the hardest hit. However, energy and healthcare sectors bucked the trend and closed higher.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-1.89%</td>
<td>19,489.68</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.11%</td>
<td>5,909.03</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.42%</td>
<td>42,528.36</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.74%</td>
<td>2,249.80</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
Talking about Donald Trump&#8216;s policy agenda, Christopher Wood from Jefferies wrote in his GREED &amp; Fear note dated Jan. 2 that it&#8217;s clear that certain aspects of Trump&#8217;s policy, such as the proposed tariffs and the crackdown on immigration could be inherently inflationary, something the Federal Reserve is likely aware of.
According to the note, there is a fundamental contradiction between the expectations of a disinflationary, productivity-driven boom fueled by AI and deregulation, which the U.S. stock market has been celebrating since the presidential election, and the potential economic impact of tariffs and immigration restrictions.
Regarding the latter, even if mass deportations do not occur, as is GREED &amp; Fear's base case, a substantial reduction in new arrivals could still lead to stagflationary effects.
According to the chief market strategist at Carson Research, Ryan Detrick an average year sees gains of 9.5%. This jumps to 10.6% after a 20% gain, &#8220;Suggesting better than average returns,&#8221; he said in a <a href="https://www.carsongroup.com/insights/blog/what-happens-after-stocks-gain-20/">note </a>dated Jan. 7. 
&#8220;The bull very well might have a little more up his sleeves this year. But taking this one step further shows that after back-to-back 20% gains, the next year is up 20% on average and never lower,&#8221; he added.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="961" height="463" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08050221/RYAN-DETRICK-IMAGE.png" alt="" class="wp-image-723523" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08050221/RYAN-DETRICK-IMAGE.png 961w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08050221/RYAN-DETRICK-IMAGE-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08050221/RYAN-DETRICK-IMAGE-768x370.png 768w" sizes="(max-width: 961px) 100vw, 961px" /></figure>
According to Charles Schwab <a href="https://international.schwab.com/story/stock-market-update-open">commentary</a>, &#8220;The month lacked a significant &#8216;Santa Claus Rally,&#8217; but investor sentiment appeared bullish, particularly at the start and end of December. Many clients appeared to close out the year by rebalancing their portfolios, adding exposure to underperforming sectors such as health care and energy and trimming positions in outperformers like information technology and communication services.&#8221; &#8211;
Louis Navellier of Navellier &amp; Associates said that there&#8217;s no reason to be overly concerned by the recent volatility; the trend remains positive.
&#8220;If interest rates are up because the economy is strong, that will be good for earnings growth, which will outshine any small increments in financing costs. And global market yields will likely tie the Fed's hands from being too restrictive anyway,&#8221; he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
Several important data points will be released in this truncated week that will help investors determine the future course of action.
<ul>
<li>On Wednesday, December&#8217;s ADP employment data will be released at 8:15 a.m., ET.</li>
</ul>
<ul>
<li>The minutes of the Fed&#8217;s December FOMC meeting will be released at 2:00 p.m., ET.</li>
</ul>
<ul>
<li>Consumer credit data for December will be announced at 3:00 p.m., ET.</li>
</ul>
<ul>
<li>On Thursday, initial jobless claims till Jan. 4 will be announced at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Wholesale inventories data for November will be released at 10:00 a.m., ET.</li>
</ul>
<ul>
<li>On Friday, the U.S. employment report, unemployment rate, and hourly wages data for December along with hourly wages year over year will be released at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>The preliminary consumer sentiment data for January will be announced at 10:00 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Cal-Maine Foods Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>) was up 3.78% in premarket on Wednesday after it posted better-than-expected results for its second quarter. The company said it set a quarterly record for total dozens sold and specialty dozens sold. It also announced a cash dividend of approximately $1.49 per share.</li>
</ul>
<ul>
<li>Acuity Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) was up 2.35% in premarket as analysts expect it to post quarterly earnings at $3.89 per share on revenue of $956.18 million. The company will release earnings before the markets open.</li>
</ul>
<ul>
<li>AAR Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>) was up 2.36% in premarket after it posted stronger-than-expected second-quarter results. The company reported quarterly earnings of 90 cents per share, which beat the analyst consensus estimate of 84 cents.</li>
</ul>
<ul>
<li>Fubotv Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) was down 19.05% as Halper Sadeh LLC, an investor rights law firm, initiated an investigation on whether its merger with the Walt Disney Company's Hulu + Live TV business is fair to FuboTV shareholders.</li>
</ul>
<ul>
<li>Blue Hat Interactive Entertainment Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHAT#NASDAQ">BHAT</a>) was up 70.70% after it announced a $4.4 million registered direct offering of 55,200,000 Ordinary Shares.</li>
</ul>
<ul>
<li>XTI Aerospace Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) was down 49.08% in premarket after it announced a public offering of over 363 million shares at $0.055 per share and a 1-for-250 share consolidation as part of its 2025 strategic initiatives.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were higher in the early New York session by 1.19% to hover around $75.13 per barrel.
The gold spot index was up by 0.07% to $2,667.29 per ounce. The Dollar Index was up 0.29% to 108.858 level.
Asian markets were mostly lower on Wednesday as Hong Kong&#8217;s Hang Seng, Japan&#8217;s Nikkei 225, and China&#8217;s CSI 300 index declined. Whereas, Australia&#8217;s ASX 200, South Korea&#8217;s Kospi index ended higher. European markets were mostly higher in trade.
Read Next: 
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<li><a href="https://www.benzinga.com/general/market-summary/25/01/42867184/yield-curve-normalization-cheap-valuation-eps-growth-to-boost-banks-in-2025-truist-initiates-coverage-on-these-14-regional-names">Yield Curve Normalization, Cheap Valuation, EPS Growth To Boost Banks In 2025: Truist Initiates Coverage On These 14 Regional Names</a></li>
</ul>
Photo courtesy: Wikimedia

Equities

Market Summary

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Pre-Market Outlook

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Analyst Ratings

Trading Ideas

BHAT

CALM

FUBO

NVDA

TSLA

XTIA

US Stocks To Open Higher As Futures Advance: Christopher Wood Expects Trump's Inflationary Policies To Hurt Market

A Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck explosion outside the Trump International Hotel in Las Vegas on New Year&#8217;s Day has been linked to the use of ChatGPT for planning.
What Happened: The driver of a Tesla Cybertruck that detonated outside the Trump International Hotel in Las Vegas on New Year&#8217;s Day used ChatGPT to orchestrate the explosion. Authorities revealed this information on Tuesday, according to Reuters.
The suspect, identified as&nbsp;Matthew Livelsberger, a 37-year-old&nbsp;active-duty Army soldier from Colorado&nbsp;Springs, was found deceased inside the vehicle. Officials stated he acted independently, and the FBI classified the event as a suicide.&nbsp;The Las Vegas Metropolitan Police&nbsp;Department noted this incident as the first in the U.S. where ChatGPT was employed to construct an explosive device.
Sheriff Kevin McMahill emphasized the significance of the case, highlighting the use of ChatGPT in planning the attack. Meanwhile, OpenAI, the creator of ChatGPT, asserted their commitment to responsible AI usage, explaining that their models are programmed to reject harmful instructions. They stated that ChatGPT provided only publicly accessible information and cautioned against illegal activities.
OpenAi did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s</a> request for comment.
The FBI found no connection between this explosion and a prior&nbsp;truck attack in New Orleans. Livelsberger reportedly had no hostility towards&nbsp;President-elect Donald Trump, but authorities are investigating a six-page manifesto found on his phone.
Why It Matters: The incident has raised significant concerns about the potential misuse of AI technologies like ChatGPT. The explosion, initially suspected to be a suicide, was confirmed by authorities after a <a href="https://www.benzinga.com/news/25/01/42777980/tesla-cybertruck-explosion-outside-trump-las-vegas-hotel-was-likely-suicide-authorities-say">firearm was found</a> at the scene. The event has also spotlighted Tesla and its data collection capabilities, which played a crucial role in the investigation. 
This has also sparked a <a href="https://www.benzinga.com/tech/25/01/42805093/teslas-data-collection-proves-crucial-in-cybertruck-explosion-probe-but-raises-privacy-questions-is-your-car-spying-on-you">debate on privacy rights</a>, with experts questioning the extent of surveillance by automobile companies, as noted by Jodi Daniels, CEO of Red Clover Advisors. The incident underscores the need for a balance between technological advancements and privacy concerns.
Read Also: 
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<li><a href="https://www.benzinga.com/tech/25/01/42867252/xais-grok-chatbot-to-be-integrated-into-tesla-vehicles-soon-says-elon-musk">xAI&#8217;s Grok Chatbot To Be Integrated Into Tesla Vehicles &#8216;Soon,&#8217; Says Elon Musk</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image via Tesla

General

Man Behind Tesla Cybertruck Blast Outside Trump Hotel Used ChatGPT For Planning, Says Las Vegas Police

BMO Capital analyst Daniel Jester downgrades Paycor HCM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) from Outperform to Market Perform and lowers the price target from $24 to $22.5.

Downgrades

Price Target

PYCR

BMO Capital Downgrades Paycor HCM to Market Perform, Lowers Price Target to $22.5

Piper Sandler analyst Clarke Jeffries downgrades Olo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLO#NYSE">OLO</a>) from Overweight to Neutral and maintains the price target from $8 to $8.

Piper Sandler Downgrades Olo to Neutral, Maintains Price Target to $8

111, Inc. Changes ADS Ratio To One ADS Representing Twenty Ordinary Shares, Effective January 24, 2025

Shares of Cal-Maine Foods Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>) rose sharply in today's pre-market trading after the company posted better-than-expected <a href="https://www.benzinga.com/news/earnings/25/01/42862269/cal-maine-foods-stock-climbs-after-strong-q2-results-eps-beat-revenues-beat">results for its second quarter</a>.
The company said it set a quarterly record for total dozens sold and specialty dozens sold. It also announced a cash dividend of approximately $1.49 per share..
Cal-Maine shares jumped 3.8% to $107.60 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Sana Biotechnology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANA#NASDAQ">SANA</a>) gained 220.6% to $5.29 in pre-market trading after the company announced positive clinical trial results from its type 1 diabetes study of islet cell transplantation without immunosuppression.</li>
<li>EON Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EONR#NYSE">EONR</a>) gained 144.6% to $1.96 in pre-market trading after surging 13% on Tuesday.</li>
<li>Blue Hat Interactive Entertainment Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHAT#NASDAQ">BHAT</a>) rose 69.9% to $0.1954 in pre-market trading after jumping 28% on Tuesday.</li>
<li>JBDI Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBDI#NASDAQ">JBDI</a>) rose 68.1% to $1.19 in pre-market trading.</li>
<li>Conduit Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDT#NASDAQ">CDT</a>) rose 35.1% to $0.1270 in pre-market trading after jumping 30% on Tuesday.</li>
<li>Solid Biosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDB#NASDAQ">SLDB</a>) gained 22.7% to $4.81 in pre-market trading after the company announced FDA clearance of its IND application for a dual-route gene therapy to treat Friedreich&#8217;s Ataxia.</li>
<li>Graphex Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#NYSE">GRFX</a>) gained 23.3% to $0.37 in pre-market trading after falling 13% on Tuesday.</li>
<li>SRM Entertainment, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) gained 21.2% to $0.83 in pre-market trading.</li>
<li>Bowman Consulting Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWMN#NASDAQ">BWMN</a>) gained 12.2% to $27.99 in pre-market trading. Bowman secured a $1.5 million contract with Nebraska DOT for on-call engineering services.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>XTI Aerospace, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) fell 49.1% to $0.0581 in pre-market trading. XTI Aerospace priced its $20 million offering of 363,636,364 shares of common stock at a price of $0.055 per share.</li>
<li>DatChat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) fell 30.5% to $6.19 in pre-market trading after jumping around 356% on Tuesday.</li>
<li>DarioHealth Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIO#NASDAQ">DRIO</a>) shares fell 28.1% to $1.10 in pre-market trading after surging 85% on Tuesday.</li>
<li>Algorhythm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) fell 26% to $0.1680 in today's pre-market trading after climbing 57% on Tuesday.</li>
<li>American Rebel Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) fell 24.7% to $2.10 in pre-market trading after jumping around 42% on Tuesday.</li>
<li>SRIVARU Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) dipped 23.8% to $0.0640 in pre-market trading after jumping 81% on Tuesday.</li>
<li>AmpliTech Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) shares fell 23.1% to $2.79 in pre-market trading after dipping 9% on Tuesday.</li>
<li>Hoth Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOTH#NASDAQ">HOTH</a>) shares tumbled 22.4% to $1.77 in pre-market trading. Hoth Therapeutics shares jumped 178% on Tuesday after the company announced safety results from its Phase 2a trial, showing that 100% of patients in Cohort 1 achieved the primary efficacy endpoint.</li>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares dipped 19.9% to $5.73 in pre-market trading after declining around 8% on Tuesday.</li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) declined 17.9% to $15.10 in pre-market trading after dipping more than 5% on Tuesday.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/42846607/bank-of-new-york-mellon-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Bank of New York Mellon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>

AMPG

AREB

BWMN

DATS

DRIO

EONR

GRFX

HOTH

JBDI

LAES

RGTI

RIME

SANA

SLDB

SVMH

Why Cal-Maine Foods Shares Are Trading Higher By 4%; Here Are 20 Stocks Moving Premarket

Stifel analyst Annabel Samimy initiates coverage on Structure Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPCR#NASDAQ">GPCR</a>) with a Buy rating and announces Price Target of $50.

Initiation

GPCR

Stifel Initiates Coverage On Structure Therapeutics with Buy Rating, Announces Price Target of $50

Stifel analyst Annabel Samimy initiates coverage on Altimmune (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) with a Buy rating and announces Price Target of $18.

Stifel Initiates Coverage On Altimmune with Buy Rating, Announces Price Target of $18

Bluesky, a social media platform rivaling Elon Musk's X, is reportedly approaching a valuation of $700 million.
What Happened: Bluesky is nearing a $700 million valuation in a new funding round led by Bain Capital Ventures, <a href="https://www.businessinsider.com/x-competitor-bluesky-valuation-new-funding-round-2025-1">reported</a> Business Insider, citing three sources familiar with the deal.
The platform's interface resembles a simplified version of X, positioning itself as a safer, more idealistic alternative. Last year, Bluesky introduced several new features, such as hashtags, direct messaging, video sharing, and trending topics.
See Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/12/42509206/soundhound-ai-soars-over-700-short-squeeze-potential-has-traders-talking?itm_source=parsely-api">SoundHound AI Soars 700%: Short Squeeze Potential Has Traders Talking</a>
The new funding will push Bluesky to find a profitable model. The platform currently operates without ads. In 2023, Bluesky stated its intention to avoid relying on advertising to support its business.
Why It Matters: The surge in Bluesky&#8217;s user base is part of a broader trend of users migrating from X, formerly Twitter to alternative platforms, following Donald Trump&#8217;s presidential victory.
Bluesky has seen its user base skyrocket from 3 million to 25.9 million in 2024.
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.
Its growth is also marked by the popularity of high-profile accounts, such as Rep. Alexandria Ocasio-Cortez (D-N.Y.), who became the first user to <a href="https://www.benzinga.com/general/social-media/24/12/42421291/alexandria-ocasio-cortez-aoc-hits-1-million-followers-with-top-bluesky-account-mark-cuban-gains-popularity-jack-dorsey-notably-absent">surpass 1 million followers</a> on the platform.
This trend is also highlighted by the success of Meta Platforms Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Threads, which last month reached <a href="https://www.benzinga.com/general/social-media/24/12/42525426/threads-reaches-100-million-daily-active-users-as-meta-capitalizes-on-exodus-from-elon-musks-x-to-alternative-platforms">100 million daily active users</a>.
Looking ahead, Bluesky is planning to <a href="https://www.benzinga.com/24/12/42608667/bluesky-plans-to-build-its-own-payment-platform-and-it-could-take-12-months-says-coo-rose-wang-subscriptions-to-launch-early-next-year">introduce a payment platform</a> and subscription services, as noted by COO Rose Wang in a December interview.
This move aims to align the company&#8217;s financial incentives with those of its users, creators, and developers, potentially providing a sustainable revenue model.
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:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42513402/apples-2025-bull-case-can-it-deliver-without-riding-the-ai-wave?itm_source=parsely-api">Apple's 2025 Bull Case: Can It Deliver Without Riding The AI Wave?</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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Elon Musk-Owned X's Rival Bluesky Valued At $700 Million After Explosive Growth Post Trump Victory: Report

Macro Economic Events

Econ #s

Mortgage Rate (GBP) For December 7.50% Vs. 7.59% Prior

PONY

Pony.ai Announced That It Plans To Provide Driverless Transportation Services At The Hong Kong International Airport (HKIA), One Of The World's Busiest Airports

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella showcased the company&#8217;s artificial intelligence initiatives in Indian agriculture, highlighting a broader push into AI technology <a href="https://www.benzinga.com/25/01/42801720/microsoft-to-invest-80-billion-in-ai-data-centers-for-fiscal-2025">backed by an $80 billion investment planned for fiscal 2025</a>.
What Happened: During a visit to the Agricultural Development Trust, Baramati in Maharashtra, India, Nadella observed how local farmers are leveraging Microsoft&#8217;s AI tools to optimize crop yields and combat climate challenges. 
The initiative, part of Microsoft&#8217;s &#8220;Farm of the Future&#8221; project, has shown promising early results with sugar cane yields increasing 30-40% and sucrose content rising 20%.
&#8220;It was great to meet the team at ADT Baramati today, who are using our AI tools to help farmers grow healthier, more sustainable harvests,&#8221; Nadella wrote on X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It was great to meet the team at ADT Baramati today, who are using our AI tools to help farmers grow healthier, more sustainable harvests. <a href="https://t.co/8vB8vkelDs">https://t.co/8vB8vkelDs</a>
&mdash; Satya Nadella (@satyanadella) <a href="https://twitter.com/satyanadella/status/1876877914324476183?ref_src=twsrc%5Etfw">January 8, 2025</a></blockquote>
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The agricultural initiative utilizes Microsoft&#8217;s Azure Data Manager for Agriculture platform, combining data from weather stations, soil sensors, and satellite imagery to provide farmers with actionable insights through a mobile app called Agripilot.ai.
Why It Matters: This development aligns with Microsoft co-founder Bill Gates&#8217; vision for AI in agriculture. Gates, who owns 275,000 acres of farmland in the United States, has been advocating for <a href="https://www.benzinga.com/real-estate/24/07/39797332/bill-gates-owns-275-000-acres-of-u-s-farmland-his-answer-to-why-hes-buying-so-much-of-it-might-surpr">AI adoption in farming practices</a>.
During a recent visit to India, Gates praised the country&#8217;s innovation in digital infrastructure and its application in agriculture, particularly noting how AI and chatbots are delivering personalized farming <a href="https://in.benzinga.com/content/37356117/bill-gates-explores-indias-digital-infrastructure-in-odisha-champions-use-of-ai-in-agriculture">advice to 7.5 million registered farmers</a>.
Microsoft&#8217;s agricultural AI initiative comes as the company plans to invest <a href="https://www.benzinga.com/25/01/42801720/microsoft-to-invest-80-billion-in-ai-data-centers-for-fiscal-2025">approximately $80 billion in AI data centers</a> during fiscal 2025, with more than half allocated to the United States. 
The investment reflects Microsoft&#8217;s aggressive expansion in AI infrastructure, as the company reported its AI business segment is approaching $10 billion in annual revenue.
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Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MSFT

Microsoft CEO Satya Nadella Draws Attention To AI-Powered Agriculture For 'Healthier, More Sustainable Harvests' Amid $80 Billion Investment Push

Anthropic, the AI startup behind &#8220;Claude&#8221; backed by Jeff Bezos, is reportedly in advanced discussions to secure $2 billion in funding. This deal could elevate its valuation to $60 billion, positioning it among the top five most valuable U.S. startups.
What Happened: The funding round is reportedly led by&nbsp;Lightspeed Venture Partners, according to sources familiar with the matter. This valuation includes the anticipated $2 billion from the current fundraising efforts. Anthropic&#8217;s valuation last year was $18 billion, led by&nbsp;Menlo Ventures, The Wall Street Journal&nbsp;<a href="https://www.wsj.com/tech/ai/ai-startup-anthropic-raising-funding-valuing-it-at-60-billion-19d0605a">reported</a> on Wednesday. 
The AI sector has seen a surge in investment activities, with companies like&nbsp;OpenAI&nbsp;and&nbsp;Elon Musk's xAI&nbsp;raising substantial funds. Investors are optimistic about generative AI&#8217;s potential, despite the financial losses many AI startups face due to high operational costs and fierce competition.
Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has been a significant backer of Anthropic, committing $4 billion in November. This investment, structured as a convertible note, will convert to equity at the current valuation. Anthropic&#8217;s annualized revenue has reached approximately $875 million, primarily from business sales.
Why It Matters: Anthropic&#8217;s latest fundraising efforts come on the <a href="https://www.benzinga.com/24/11/41871055/jeff-bezos-backed-anthropic-ai-startup-to-partner-with-palantir-and-aws-for-us-defense-following-meta-and-microsoft">heels of its strategic partnership</a> with&nbsp;Amazon Web Services and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>). This collaboration aims to provide its Claude A.I. models to U.S. defense and intelligence agencies. The partnership underscores a growing trend where AI companies are increasingly aligning with government sectors to leverage their technologies for national security purposes.
This move positions Anthropic as a more safety-conscious alternative to competitors like Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)-backed OpenAI.
Meanwhile, OpenAI CEO Sam Altman revealed that the <a href="https://www.benzinga.com/25/01/42810114/openai-ceo-sam-altman-reveals-company-struggling-with-chatgpt-pro-losses">company is operating at a loss on its $200-per-month</a> ChatGPT Pro subscription plan. While the plan was introduced to generate revenue, it hasn't met profit expectations due to higher-than-anticipated usage.
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<li><a href="https://www.benzinga.com/25/01/42865484/cathie-woods-tuesday-double-dump-ark-invest-trims-both-palantir-and-bitcoin-etf-holdings">Cathie Wood&#8217;s Tuesday Double Dump: Ark Invest Trims Both Palantir And Bitcoin ETF Holdings</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.
Image via Shutterstock

AMZN

PLTR

Jeff Bezos-Backed Anthropic Set To Become One Of The Top 5 US Startups As It Reportedly Eyes $60 Billion Valuation With $2 Billion Funding Round

Piper Sandler analyst Clarke Jeffries maintains Riskified (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) with a Overweight and lowers the price target from $7 to $6.

RSKD

Piper Sandler Maintains Overweight on Riskified, Lowers Price Target to $6

Piper Sandler analyst Clarke Jeffries maintains Bentley Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSY#NASDAQ">BSY</a>) with a Overweight and lowers the price target from $65 to $57.

Piper Sandler Maintains Overweight on Bentley Systems, Lowers Price Target to $57

Leading Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) miners in the U.S. are accumulating BTC as a buffer against growing competition and narrowing profit margins.
What Happened: Firms including&nbsp;MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>),&nbsp;Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), and&nbsp;CleanSpark Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) have leveraged Bitcoin&#8217;s soaring price,&nbsp;which hit $100,000 last month,&nbsp;to raise over $3.7 billion since November, according to a Financial Times <a href="https://www.ft.com/content/0cfbe43c-7c2a-40bf-8bb7-92f58a9d2389">report </a>on Monday.
These funds have been utilized to fund Bitcoin purchases, often raised through <a href="https://www.benzinga.com/24/12/42387102/mara-holdings-raises-850-million-in-0-convertible-notes-offering-a-40-premium-over-current-share-price">zero or near-zero coupon convertible notes.</a>
Following in the footsteps of MicroStrategy, MARA, the world&#8217;s biggest Bitcoin mining company, has pivoted toward a <a href="https://www.benzinga.com/pressreleases/24/07/g39955751/mara-purchases-100-million-of-bitcoin" target="_blank" rel="noreferrer noopener">buy-and-hold strategy</a>, retaining all Bitcoin it mines and periodically making strategic open-market purchases.
Miners such as CleanSpark have also chosen to <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42558246/cleanspark-is-outpacing-bitcoin-mining-peers-wednesday-whats-going-on">retain the majority of the Bitcoin mined</a> in recent months.
On-chain data also reflected the behavioral shift. The number of Bitcoins transferred from miner wallets to exchanges fell sharply in the last quarter, coinciding with the cryptocurrency&#8217;s uptrend, according to blockchain analytics firm CryptoQuant.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08032907/Bitcoin-Miner-to-Exchange-Flow-Total-All-Miners-All-Exchanges-1024x576.png" alt="" class="wp-image-723343" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08032907/Bitcoin-Miner-to-Exchange-Flow-Total-All-Miners-All-Exchanges-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08032907/Bitcoin-Miner-to-Exchange-Flow-Total-All-Miners-All-Exchanges-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08032907/Bitcoin-Miner-to-Exchange-Flow-Total-All-Miners-All-Exchanges-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08032907/Bitcoin-Miner-to-Exchange-Flow-Total-All-Miners-All-Exchanges-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08032907/Bitcoin-Miner-to-Exchange-Flow-Total-All-Miners-All-Exchanges.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Source: CryptoQuant</figcaption></figure>
MARA was the second-largest corporate holder of Bitcoin, with a stash of 44,893 BTCs, worth $4.3 billion, with Riot bagging the third spot with 17,722 BTCs valued at $1.69 billion, <a href="https://bitcointreasuries.net/">according </a>to bitcointreasuries.net.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/01/42835979/ethereum-co-founder-vitalik-buterin-offloads-nearly-a-million-in-memecoins-to-benefit-charitiesdogecoins-sister-coin-neiro-plunges-3-after-sale">Ethereum Co-Founder Vitalik Buterin Offloads Nearly A Million In Memecoins To Benefit Charities — Dogecoin&#8217;s Sister Coin NEIRO Plunges 3% After Sale</a>
Why It Matters: This strategy is a significant shift in the industry&#8217;s perspective, which has been grappling for&nbsp;the past eight months after&nbsp;the <a href="https://www.benzinga.com/money/what-is-bitcoin-halving">reward for mining Bitcoin halved</a>.
Donald Trump&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41081939/trump-wants-us-to-be-bitcoin-mining-capital-of-the-world-core-scientifics-move-to-buy-chip">pledge</a> that Bitcoin would be &#8220;mined,&nbsp;minted, and made in the U.S.&#8221; has ignited enthusiasm, with MARA CEO Fred Thiel attributing recent momentum to the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42191142/bitcoin-is-being-sold-into-a-market-with-ample-demand-from-institutions-says-marathon-ceo-fred-thiel">supportive stance</a> of the president-elect.
The rush to purchase&nbsp;more Bitcoin is also a defensive tactic against potential&nbsp;financial pressure from high electricity costs.
Mining costs are on the rise. A <a href="https://coinshares.com/corp/resources/research/bitcoin-mining-report-q3-2024/">report </a>by leading investment firm CoinShares estimated the average cost to produce one Bitcoin in the third quarter of 2024 at $55,950, indicating a 13% increase quarter over quarter. One Bitcoin was trading at $95,995.51 as of this writing.
Additionally, hash rate, the computation power required to solve complex puzzles and create new Bitcoins, hit a new all-<a href="https://cryptoquant.com/asset/btc/chart/network-stats/hashrate?window=DAY&amp;sma=0&amp;ema=0_30&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=line">time high last week</a>, threatening to drive up expenses even more.
Price Action: Shares of MARA closed 7.20% lower at $19.07 on Tuesday, while RIOT stock fell 3.72% to $12.41. CleanSpark shares closed down 6.30% at $10.71, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Read Next:&nbsp;
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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

Cryptocurrency

$BTC

CLSK

MARA

RIOT

US Bitcoin Miners Hoard Apex Crypto To Shield Against Rising Expenses — MARA, Riot Replicate MicroStrategy's Playbook

Piper Sandler analyst Clarke Jeffries upgrades Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) from Neutral to Overweight and raises the price target from $311 to $357.

Upgrades

ADSK

Piper Sandler Upgrades Autodesk to Overweight, Raises Price Target to $357

EVTL

Vertical Aerospace Has Taken Another Significant Step In Its Testing Programme By Successfully Completing Its First Piloted Thrustborne Flight Manoeuvres

OpenAI CEO Sam Altman has made a bold prediction regarding the development of artificial general intelligence (AGI), suggesting it will occur during Donald Trump&#8217;s presidency.&nbsp;
What Happened: In an interview with Bloomberg, Altman said that while he doesn't support everything Trump says or thinks, "I do support the United States of America."
Altman, who <a href="https://www.benzinga.com/news/management/24/12/42485193/sam-altman-to-donate-1m-to-trumps-inauguration-fund-following-zuckerberg-bezos-eager-to-support">contributed $1 million</a> to Trump&#8217;s inaugural fund, also stated that his donation was not an act of allegiance but a demonstration of support for the country.
See Also: <a href="https://www.benzinga.com/personal-finance/25/01/42818961/jeff-bezos-urged-his-brother-and-sister-to-invest-10000-in-amazon-the-stake-grew-15499900-and-its-now-potentially-worth-1-5-billion">Jeff Bezos Urged His Brother And Sister To Invest $10,000 In Amazon – The Stake Grew 15,499,900% And It's Now Potentially Worth $1.5 Billion</a>
He also stressed the critical nature of AGI development during this period. "I think AGI will probably get developed during this president's term, and getting that right seems really important."
The OpenAI CEO also criticized the CHIPS Act, acknowledging it as a step forward but not as effective as expected. "I don't think the Chips Act has been as effective as any of us hoped."
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.
Why It Matters: During his campaign, Trump strongly <a href="https://www.benzinga.com/24/12/42420201/trumps-return-threatens-billions-in-us-chip-investment-from-taiwan-samsung">criticized the CHIPS Act</a>, a law passed two years earlier to support domestic manufacturing of semiconductor chips, which are predominantly produced abroad.
Ahead of Trump taking office, the Joe Biden administration is moving quickly to allocate CHIPS funds.
However, in November 2024, it was reported that Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), the primary recipient of <a href="https://www.benzinga.com/24/11/42157390/intels-federal-chips-grant-shrinks-below-8b-as-biden-administration-recalibrates-chips-act-funding-report">CHIPS Act funding</a>, is expected to receive under $8 billion, a decrease from the $8.5 billion originally announced.
Meanwhile, OpenAI has been making headlines with its impressive growth, <a href="https://www.benzinga.com/news/24/10/41149788/openai-valuation-soars-to-157b-in-latest-funding-round">securing $6.6 billion last year</a> in funding at a valuation of $157 billion. This funding is intended to boost AI research and expand computing capabilities.
For people who want to invest in OpenAI, Cathie-Wood's ARK Venture Fund offers a unique investment opportunity. This actively managed fund includes both public and private companies. Currently, OpenAI ranks as the fund&#8217;s fourth-largest position, holding 4.24%.
Destiny Tech 100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>) is another platform where OpenAI currently holds the fourth position with 5.1%, following SpaceX, Revolut, and Axiom Space.
Investors can also consider making an indirect investment through Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). Microsoft has so far invested <a href="https://www.benzinga.com/news/24/12/42679515/microsoft-invested-nearly-14-billion-in-openai-but-now-its-reducing-its-dependence-on-the-chatgpt-pa">about $14 billion</a> in OpenAI, giving it a 49% stake in the company.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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<li><a href="https://www.benzinga.com/tech/25/01/42803280/consumer-tech-news-dec-30-jan-3-apple-stops-selling-iphone-14-iphone-14-plus-iphone-se-trump-seeks-a-political-resolution-of-tiktok-ban-more">Consumer Tech News (Dec 30-Jan 3): Apple Stops Selling iPhone 14, iPhone 14 Plus, iPhone SE, Trump Seeks A ‘Political Resolution' Of TikTok Ban &amp; More</a></li>
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Photo courtesy: Shutterstock

DXYZ

INTC

OpenAI CEO Sam Altman Predicts AGI Will Arrive During The Trump Presidency, Says CHIPS Act Not Effective Enough

Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) filed a federal lawsuit Monday against California Attorney General Rob Bonta and environmental groups, alleging defamation of its advanced plastics recycling initiatives, as the oil giant pushes forward with significant investments in recycling technology.
What Happened: Filed in Beaumont, Texas, the lawsuit claims Bonta acted in concert with law firm Cotchett, Pitre &amp; McCarthy, which has connections to Australian billionaire Andrew Forrest&#8217;s Minderoo Foundation. The foundation controls Fortescue, a competitor in low-carbon solutions, Reuters reported.
The legal action comes as Exxon <a href="https://www.benzinga.com/24/11/42117222/exxonmobil-aims-high-with-200-million-investment-in-cutting-edge-plastic-recycling">advances a $200 million expansion</a> of its advanced recycling capabilities in Texas. The technology breaks down hard-to-recycle plastics at the molecular level for reuse, part of the company&#8217;s broader sustainability strategy.
&#8220;Defendants are repeatedly and publicly attacking ExxonMobil with false accusations of being a &#8216;liar&#8217; and declarations that advanced recycling is a &#8216;myth&#8217; and a &#8216;sham,'&#8221; Exxon stated in its complaint, seeking undisclosed damages and retractions.
Why It Matters: The California Department of Justice defended its position, calling the lawsuit &#8220;another attempt from ExxonMobil to deflect attention from its own unlawful deception.&#8221; This follows Bonta&#8217;s 2023 lawsuit against Exxon over alleged decades-long deception about recycling limitations.
The legal battle unfolds as Exxon pursues <a href="https://www.benzinga.com/24/12/42444546/2030-roadmap-exxonmobil-to-achieve-54m-barrelsday-production-targets-20-billion-earnings-boost">ambitious growth targets</a>, including a $20 billion earnings boost by 2030 and $30 billion in lower-emissions investments. The company recently announced plans for $20 billion in annual share repurchases for 2025-2026, supported by projected surplus cash of $165 billion.
Wall Street maintains a positive outlook on Exxon, with analysts setting an <a href="https://www.benzinga.com/quote/XOM/analyst-ratings">average price target</a> of $127.96, representing a potential upside from current trading levels of around $108. 
The company trades at a price-to-earnings ratio of 13.54 and offers a dividend yield of 3.64%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/08030331/Screenshot-2025-01-08-at-1.31.49%E2%80%AFPM-1024x376.png" alt="" class="wp-image-723281" style="width:647px;height:auto" /></figure>
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Image via Flickr
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Flickr

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