Exclusives https://www.benzinga.com/views/taxonomy/term/145889 en 'Empowering Ecosystem': Splice Celebrates Artists Earning $25M On Its Music Creation And Collaboration Platform https://www.benzinga.com/success-stories/20/02/15386214/empowering-ecosystem-splice-celebrates-artists-earning-25m-on-its-music-creation-and-collaboratio <p>Earlier this month, music production and collaboration service <strong>Splice </strong>announced that artists who distributed samples through its platform earned over $25 million. CEO Steve Martocci spoke with Benzinga regarding this milestone and plans to further expand the business.</p> <h3>Software Meets Music</h3> <p>Splice is a marketplace for music samples that also enables creators the ability to piece together, share, and collaborate over tracks.</p> <p>GroupMe founder Martocci, alongside CTO Matt Aimonetti, started the company to help democratize the music-making process. Martocci said his lifelong passion was music and computers.</p> <p>&quot;For me, I made music, but -- really -- code was my canvas,&quot; he said. &quot;That&rsquo;s where my art really shined.&quot;</p> <p>After founding GroupMe, Martocci decided to hone in and leverage his coding skills to extend the ecosystem of software to music.</p> <p>&ldquo;We&rsquo;re in this beautiful time where this revolution has occurred and the laptop is the world&rsquo;s primary instrument. So, the ability to create and finish music, without needing to buy thousands of dollars of studio gear, and -- you know -- get[ting] ...</p><p><a href=https://www.benzinga.com/success-stories/20/02/15386214/empowering-ecosystem-splice-celebrates-artists-earning-25m-on-its-music-creation-and-collaboratio alt=&#039;Empowering Ecosystem&#039;: Splice Celebrates Artists Earning $25M On Its Music Creation And Collaboration Platform>Full story available on Benzinga.com</a></p> GroupME Karra Matt Aimonetti Splice Steve Martocci Success Stories Startups Exclusives Tech Interview Success Stories Startups Exclusives Tech Interview Benzinga Fri, 21 Feb 2020 20:00:06 +0000 Renato Capelj 15386214 at https://www.benzinga.com 'Extremely Accurate': Transparent Traders Adds Option Activity, News And Catalyst Data To Algorithmic Trading System https://www.benzinga.com/fintech/20/02/15367222/extremely-accurate-transparent-traders-adds-option-activity-news-and-catalyst-data-to-algorithmic-tr <p>Transparent Traders, an algorithmic trading system and community of investors, recently added real-time options flow, news and price-action catalyst data to their product portfolio. In observance of the development, founder James Mason spoke with Benzinga regarding the firm&rsquo;s prospects.</p> <h3>What Is It?</h3> <p>Transparent Traders is a community for learning, executing, and sharing ideas. The idea behind Transparent Traders came out of frustration.</p> <p>&ldquo;I was tired of seeing scammers take advantage of traders,&rdquo; said Mason. &ldquo;I wanted to create a community where traders could -- you know -- be protected from people wanting to sell them something, instead of teaching.&rdquo;</p> <p>As the community grew, Mason created free courses on trading techniques and found that many in ...</p><p><a href=https://www.benzinga.com/fintech/20/02/15367222/extremely-accurate-transparent-traders-adds-option-activity-news-and-catalyst-data-to-algorithmic-tr alt=&#039;Extremely Accurate&#039;: Transparent Traders Adds Option Activity, News And Catalyst Data To Algorithmic Trading System>Full story available on Benzinga.com</a></p> Algorithmic Trading Fintech James Mason otc Transparent Traders Futures Exclusives Markets Interview Fintech Futures Exclusives Markets Interview Benzinga Thu, 20 Feb 2020 17:30:26 +0000 Renato Capelj 15367222 at https://www.benzinga.com How This California Couple Retired In Their 40s Using FIRE https://www.benzinga.com/general/education/20/02/15350059/how-this-california-couple-retired-in-their-40s-using-fire <p>Amon and Christina Browning amassed over $2 million in just eight years. They&rsquo;re 40 and 42, have two kids and saved a chunk of their cash by hustling side income.</p> <p>Those factors, plus a little creativity, were the kindling for their FIRE ingredients to crackle to life.</p> <h3><strong>FIRE Up</strong></h3> <p>Amon and Christina are part of the FIRE movement, though they started saving aggressively before they really even knew what FIRE was.</p> <p>&ldquo;People still don&rsquo;t really understand how you live off your portfolio in FIRE,&rdquo; says Amon.</p> <p>The FIRE trend involves saving aggressively &mdash; approximately 50% to 75% of yearly income &mdash; and retiring once you&rsquo;ve saved 25 to 40 times your annual expenses.</p> <p>The Brownings credit a can-do mindset, an $800 car, side hustles and teaching themselves financial literacy so they could dub themselves what Amon calls &ldquo;the cubicle millionaires next door.&rdquo; They now live in Portugal and embrace a freer lifestyle. It involves plenty of walks, beach time, learning Portuguese and watching their two girls grow up.</p> <p>&ldquo;Just the other day, our youngest daughter wanted to have all her friends over from school during lunchtime. For us, that&rsquo;s over three hours of prep time and getting all the kids lunch. That&#39;s something we would never be able to do during a regular workday,&rdquo; says Christina.</p> <p>Amon says the couple is &quot;able to really slow down and savor things.&quot;<br /> <img alt="" src="https://cdn1.benzinga.com/files/u144887/screen_shot_2020-02-17_at_2.55.25_pm.png" style="height:529px; width:700px" /></p> <h3>Deciding to Blaze a New Trail &mdash; Using FIRE</h3> <p>FIRE, which stands for &ldquo;Financial Independence, Retire Early,&rdquo; became <a href="https://www.foxbusiness.com/money/fire-movement-what-to-know-extreme-savings">popular among millennials</a> during the last decade.&nbsp;</p> <p>The Brownings didn&rsquo;t set out to be mega-savers. In fact, 10 years ago, they saved about 10% of their income each year and went through life like most Americans.</p> <p>&ldquo;We were just going to work and coming home. We were just basically in the rat race. We weren&#39;t being intentional, we didn&#39;t have a plan, we were just kind of going with the flow,&rdquo; says Amon.&nbsp;</p> <p>Amon says the FIRE spark ignited the day he won a service award. He&rsquo;d been working for the federal government for about 10 years and he and another individual accepted a &ldquo;thanks for your service&rdquo; award. The other man had been on the job for 30 or 40 years.</p> <p>&ldquo;They just handed the award to me like it was nothing, and that night I went home to Christina and I said, &lsquo;I just can&#39;t see myself at work another ...</p><p><a href=https://www.benzinga.com/general/education/20/02/15350059/how-this-california-couple-retired-in-their-40s-using-fire alt=How This California Couple Retired In Their 40s Using FIRE>Full story available on Benzinga.com</a></p> Amon Browning Christina Browning Fire UBER Education Entrepreneurship Top Stories Success Stories Exclusives Personal Finance Interview General UBER Education Entrepreneurship Top Stories Success Stories Exclusives Personal Finance Interview General Benzinga Wed, 19 Feb 2020 19:50:52 +0000 Melissa Brock 15350059 at https://www.benzinga.com VTV Therapeutics 'Close To The Finish Line' On What FDA, Diabetes Patients Want: An Adjunct Therapy To Insulin https://www.benzinga.com/general/biotech/20/02/15336824/vtv-therapeutics-close-to-the-finish-line-on-what-fda-diabetes-patients-want-an-adjunct-therapy-t <p>Steve Holcombe transitioned from telecom to biotech back when <strong>vTv Therapeutics Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vtvt#NASDAQ">VTVT</a>) was just a startup. Now, 18 years in, he&rsquo;s finally seeing the fruits of his labor.</p> <p>&ldquo;We&rsquo;re getting close to the finish line,&rdquo; Holcombe, the CEO of VTV, told Benzinga. &ldquo;We&rsquo;re getting close to a therapy that we think the FDA would like to see, that the patient population would like to see.&rdquo;</p> <h3>VTV&rsquo;s Lead Program</h3> <p>The therapy he refers to is VTV&rsquo;s TTP339, an insulin-adjunct therapy for Type 1 diabetics. In mid-February, the company reported <a href="https://www.benzinga.com/general/biotech/20/02/15289479/vtv-therapeutics-shares-hit-multi-year-highs-after-diabetes-drug-aces-midphase-study">positive results</a> from the drug&rsquo;s Phase 2 trial.</p> <p>TTP339 was initially designed for Type 2 diabetes, but after running a successful Phase 2 trial, VTV decided that the Type 2 market was too crowded and cost-competitive &mdash;&nbsp;and starting a Phase 3 trial would be expensive.</p> <p>&ldquo;We turned our attention to the Type 1 market, where all they have is insulin,&rdquo; Holcombe said, noting&nbsp;a dearth of competition.</p> <p>&ldquo;In the past several years, the only advancements have been in technology &mdash; insulin pumps or continuous glucose monitors. Diabetic patients are looking for other therapies to take alongside insulin to get to target levels during the day.&rdquo;</p> <p>In the recent study, the drug met the FDA&rsquo;s highest requirement for approval by lowering hemoglobin A1c levels. It also reduced the quantity of insulin patients were taking, kept patients in sweet-spot glucose levels longer ...</p><p><a href=https://www.benzinga.com/general/biotech/20/02/15336824/vtv-therapeutics-close-to-the-finish-line-on-what-fda-diabetes-patients-want-an-adjunct-therapy-t alt=VTV Therapeutics &#039;Close To The Finish Line&#039; On What FDA, Diabetes Patients Want: An Adjunct Therapy To Insulin>Full story available on Benzinga.com</a></p> alzheimer's Azeliragon Biotech Diabetes Steve Holcombe TTP339 VTVT Health Care Top Stories Exclusives Interview General VTVT Biotech Health Care Top Stories Exclusives Interview General Benzinga Wed, 19 Feb 2020 15:48:46 +0000 Elizabeth Balboa 15336824 at https://www.benzinga.com 'Investing For Africans': Bamboo Unlocks Access To US-, Nigerian-Listed Securities https://www.benzinga.com/fintech/20/02/15358657/investing-for-africans-bamboo-unlocks-access-to-us-nigerian-listed-securities <p><a href="https://investbamboo.com/">Bamboo</a>, an investment&nbsp;app that provides Africans real-time access to U.S.&nbsp;stocks and ETFs, recently reached 20,000 users. In observance of the development, co-founders Richmond Bassey and Yanmo Omorogbe spoke with Benzinga regarding the firm&rsquo;s prospects.</p> <h3>What Is It?</h3> <p>Bamboo is a new entrant in the&nbsp;fractional trading space; since launching last November, the firm has processed over a million dollars in trades.</p> <p>The idea behind Bamboo emerged from an inaccessibility issue.</p> <p>&quot;We wanted to invest in the U.S. stock market, but realized we couldn&#39;t,&quot; said Bassey. &quot;About 15 months later we launched Bamboo, allowing Nigerians to access the U.S. market instantly from any device.&quot;</p> <p>The firm&rsquo;s core offering includes:</p> <ul> <li>U.S. and Nigerian securities</li> <li>Fractional share trading</li> <li>Portfolio tracking</li> <li>Market and limit orders</li> <li>News and fundamental data</li> <li>Technical analysis ...</li></ul><p><a href=https://www.benzinga.com/fintech/20/02/15358657/investing-for-africans-bamboo-unlocks-access-to-us-nigerian-listed-securities alt=&#039;Investing For Africans&#039;: Bamboo Unlocks Access To US-, Nigerian-Listed Securities>Full story available on Benzinga.com</a></p> AAPL AMZN Bamboo FB Fintech Richmond Bassey Yanmo Omorogbe Exclusives Interview AAPL US0378331005 AMZN US0231351067 FB Fintech Exclusives Interview Benzinga Wed, 19 Feb 2020 13:40:31 +0000 Renato Capelj 15358657 at https://www.benzinga.com Green Peak Innovations Expands Cannabis Retail To West Michigan: 'We Take A Measured Approach' https://www.benzinga.com/markets/cannabis/20/02/15355441/green-peak-innovations-expands-cannabis-retail-to-west-michigan-we-take-a-measured-approach <p>Recreational pot shops are opening outside the Michigan industry&rsquo;s Ann Arbor epicenter. On Feb. 13, Green Peak Innovations opened its second adult-use store in the state with a White Cloud location.</p> <p>&ldquo;With proximity to Grand Rapids and an enthusiastic local community and government, we are thrilled to offer recreational products to customers throughout the area,&rdquo; said Green Peak co-founder and CEO Jeff Radway.&nbsp;</p> <p>Green Peak, a vertically integrated retailer of premium cannabis products, runs medical provisioning centers in Flint, Bay City, Newaygo and Nunica.</p> <p>Only ...</p><p><a href=https://www.benzinga.com/markets/cannabis/20/02/15355441/green-peak-innovations-expands-cannabis-retail-to-west-michigan-we-take-a-measured-approach alt=Green Peak Innovations Expands Cannabis Retail To West Michigan: &#039;We Take A Measured Approach&#039;>Full story available on Benzinga.com</a></p> Cannabis Green Peak Innovations Jeff Radway marijuana Michigan cannabis Top Stories Exclusives Markets Interview Cannabis Top Stories Exclusives Markets Interview Benzinga Tue, 18 Feb 2020 16:30:03 +0000 Elizabeth Balboa 15355441 at https://www.benzinga.com Tesla's Unexpected Capital Raise Leads To Surprising Stock Surge https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15327473/teslas-unexpected-capital-raise-leads-to-surprising-stock-surge <p><strong>Tesla Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares ripped higher on Thursday after the company surprised Wall Street by <a href="https://www.benzinga.com/news/20/02/15322557/tesla-announces-2b-offering-musk-to-buy-10m-in-common-stock">announcing a $2 billion dilutive common stock offering</a> just days after CEO Elon Musk said raising money &quot;doesn&rsquo;t make sense.&quot;</p> <p>Tesla shares, which are up 255.2% in the past six months, initially plunged more than 7% in pre-market trading after the company issued a 10-K filing indicating the SEC issued a subpoena seeking info related to certain financial data, but shares whiplashed back into positive territory within an hour of the market opening.</p> <p>Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, told Benzinga that the way Tesla is reacting to news has changed during its recent run-up.</p> <p>&quot;Normally that would have sunk Tesla 50 points or 100 points. This is not normal anymore. This is about a company proving to people that they&#39;re going to accomplish their long-term goals, and the market likes it,&quot; Gerber said.</p> <p><em>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15272203/teslamania-runs-wild-now-what">Teslamania Runs Wild! Now What?</a></em></p> <p>The decision to raise additional capital was surprising given Musk was adamantly opposed to it on Tesla&rsquo;s fourth-quarter earnings call <a href="https://www.theverge.com/2020/2/13/21136164/tesla-2-billion-stock-offering-elon-musk-cash-raise">on Jan. 29</a>. &ldquo;Diluting the company to pay down debt doesn&rsquo;t sound like a wise move,&rdquo; Musk told investors.</p> <p>A source familiar with the matter told Benzinga Tesla will offer 2.65 million shares of stock, and the offering is expected to price after Thursday&#39;s close.</p> <p>Sentiment related to Tesla on StockTwits was up slightly on Thursday following the offering news, with 67.5% of Tesla messages bullish. Bullish Tesla sentiment dropped to 60.9% on Tuesday, its lowest level in more than ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15327473/teslas-unexpected-capital-raise-leads-to-surprising-stock-surge alt=Tesla&#039;s Unexpected Capital Raise Leads To Surprising Stock Surge>Full story available on Benzinga.com</a></p> Analyst Color ARK Invest Catherine Wood CFRA David Whiston Garrett Nelson Gene Munster Gerber Kawasaki Wealth and Investment Management Jim Cramer Loup Ventures morningstar News Ross Gerber TSLA Offerings Top Stories Exclusives Analyst Ratings Movers Trading Ideas TSLA US88160R1014 News Analyst Color Offerings Top Stories Exclusives Analyst Ratings Movers Trading Ideas Benzinga Thu, 13 Feb 2020 20:00:09 +0000 Wayne Duggan 15327473 at https://www.benzinga.com 'Connect The Marketplace:' Say Technologies Delivers An Interactive Corporate Engagement Tool https://www.benzinga.com/news/earnings/20/02/15292028/connect-the-marketplace-say-technologies-delivers-an-interactive-corporate-engagement-tool <p><strong>Say Technologies</strong>, a shareholder communications provider, recently integrated its&nbsp;platform with Fidelity. CEO Laurent Paulhac, alongside Senior Product Manager Alex Ermenidis, spoke with Benzinga regarding Say&rsquo;s integration with brokerage providers and expansion of product suite.</p> <h3>What Is It?</h3> <p>Say Technologies is a full-service proxy processing solution that allows investors the ability to better impact matters of corporate governance.</p> <p>&ldquo;The main mission of what we do is delivering a communication mechanism for investors and issuers,&rdquo; said Paulhac.</p> <p>The firm&rsquo;s core offering includes proxy voting services to broker dealers; &ldquo;Our API allows [brokerage] users to participate in events organized by Say.&rdquo;</p> <h3>Recent Developments</h3> <p>On Jan.&nbsp;29, Say Technologies <a href="https://www.benzinga.com/fintech/20/01/15174882/want-to-ask-elon-musk-a-question-on-an-earnings-call-heres-how">facilitated the answering of earnings call questions</a> for <strong>Tesla Inc.</strong> (NASDAQ: ...</p><p><a href=https://www.benzinga.com/news/earnings/20/02/15292028/connect-the-marketplace-say-technologies-delivers-an-interactive-corporate-engagement-tool alt=&#039;Connect The Marketplace:&#039; Say Technologies Delivers An Interactive Corporate Engagement Tool>Full story available on Benzinga.com</a></p> Alex Ermenidis Blackrock BLK Fintech Jennifer Grancio Laurent Paulhac Say Technologies TSLA Exclusives Tech Media Interview BLK US09247X1019 TSLA US88160R1014 Fintech Exclusives Tech Media Interview Benzinga Wed, 12 Feb 2020 20:48:26 +0000 Renato Capelj 15292028 at https://www.benzinga.com Women Of Color On Starting Their Own Businesses, 'Finding The Grit, The Hustle' https://www.benzinga.com/general/entrepreneurship/20/02/15272649/women-of-color-on-starting-their-own-businesses-finding-the-grit-the-hustle <p>The explosion of artisan beers and liquors left Tiffany Hall unsatisfied. She wanted more choices tailored to the tastes of women, leading her to launch Empower Cocktails.</p> <p>&ldquo;I always wanted to be an entrepreneur,&rdquo; she told Benzinga. &ldquo;It was just a matter of finding the right product to launch. The alcohol industry seemed to be one of those that&rsquo;s always open to something new and different.&rdquo;</p> <p>Hall considers herself a beneficiary of consumer preferences. &ldquo;People want to support women-owned business but also solo-owned businesses,&rdquo; she said.</p> <p>And some, as Hall found, are eager to empower women of color.</p> <p>&ldquo;If anything, I&rsquo;ve found that there&rsquo;s probably more celebration for this. At the very least, that celebration has crowded out the noise of whatever negativity is out there.&rdquo;</p> <h3>Funding A Challenge For Female CEOs Of Color</h3> <p>Recent studies found that women of color like Hall lead 50% of women-owned businesses in the U.S. and open an average of 1,625 businesses per day.</p> <p>That pace has recently accelerated, but building a competitive brand was challenging for Hall.</p> <p>&ldquo;This ...</p><p><a href=https://www.benzinga.com/general/entrepreneurship/20/02/15272649/women-of-color-on-starting-their-own-businesses-finding-the-grit-the-hustle alt=Women Of Color On Starting Their Own Businesses, &#039;Finding The Grit, The Hustle&#039;>Full story available on Benzinga.com</a></p> Empower Cocktails Haute Trader Hope-Noelle Davenport Tiffany Hall Entrepreneurship Success Stories Startups Exclusives Interview General Entrepreneurship Success Stories Startups Exclusives Interview General Benzinga Fri, 07 Feb 2020 19:44:40 +0000 Elizabeth Balboa 15272649 at https://www.benzinga.com Altitude Partner Roderick Stephan Talks Distressed Debt Investment In Cannabis https://www.benzinga.com/markets/cannabis/20/02/15259748/altitude-partner-roderick-stephan-talks-distressed-debt-investment-in-cannabis <p>The cannabis industry is going rough times &mdash; but some experts like Roderick Stephan think this is a time of great opportunity for long-term investors.Stocks from some of the major cannabis corporations like <strong>Canopy Growth Corp</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NYSE">CGC</a>), <strong>Tilray Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>), <strong>Aurora Cannabis Inc</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acb#NYSE">ACB</a>), <strong>Aphria Inc&nbsp;</strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apha#NYSE">APHA</a>) and <strong>Cronos Group Inc&nbsp;</strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cron#NASDAQ">CRON</a>) are all worth less than half their year-to-date value.</p> <p>Some companies, like premium dispensary chain <strong>MedMen Enterprises Inc&nbsp;</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/mmnff#OTC">MMNFF</a>) and media company Leafly were <a href="https://www.benzinga.com/markets/cannabis/20/01/15068362/medmen-ceo-on-recent-layoffs-were-on-chapter-two-where-execution-means-profitability">forced to lay off </a>employees in order to stay afloat. In MedMen&#39;s case, it fired more than 40% of its staff.</p> <p>Eaze, the California-based cannabis delivery giant, is known to be <a href="https://techcrunch.com/2020/01/16/eaze-out-of-cash-to-burn/">low on cash</a>&nbsp;and struggling to keep afloat. Many other smaller and mid-sized companies are being forced to raise emergency capital or get acquired by larger companies to remain active and retain their share of the market until they can turn a profit.</p> <p>&ldquo;Right at the time where the markets are closing down and not providing capital to companies&nbsp;is the time when companies needed to vouch. So in come the vulture investors, also known as distressed debt players,&rdquo; Stephan told Benzinga.</p> <h3>From Crisis Comes Opportunity: Investing In Distressed Debt</h3> <p>Stephan is one of the partners at Altitude Investment ...</p><p><a href=https://www.benzinga.com/markets/cannabis/20/02/15259748/altitude-partner-roderick-stephan-talks-distressed-debt-investment-in-cannabis alt=Altitude Partner Roderick Stephan Talks Distressed Debt Investment In Cannabis>Full story available on Benzinga.com</a></p> ACB Altitude Investment Management APHA Cannabis CGC CRON Distressed Debt Investing MMNFF Roderick Stephan TLRY Vulture Investing Top Stories Exclusives Markets Interview CGC ACB CRON MMNFF TLRY US88688T1007 APHA Cannabis Top Stories Exclusives Markets Interview Benzinga Thu, 06 Feb 2020 20:07:14 +0000 Natan Ponieman 15259748 at https://www.benzinga.com How HedgeTrade's Social Platform Unlocks Earnings Potential For Traders https://www.benzinga.com/fintech/20/02/15250405/how-hedgetrades-social-platform-unlocks-earnings-potential-for-traders <p><a href="https://hedgetrade.com/">HedgeTrade</a>, a social platform where traders are paid to share their knowledge and ideas, recently launched.</p> <p>David Waslen, the company&#39;s CEO and co-founder, spoke with Benzinga about the platform&#39;s prospects.</p> <h3>What Is HedgeTrade?</h3> <p>HedgeTrade is a blockchain-based social platform&nbsp;born out of a desire to monetize trade ideas.</p> <p>Co-founder Peter Danihel, a trader and computer programmer, was doing some trading and getting into the crypto space, Waslen said.</p> <p>Danihel was doing so well with his trading that others considered paying him for his ideas, Waslen said.</p> <p>The two executed on the idea to develop a website for posting trade predictions, he said.&nbsp;</p> <p>&ldquo;It started kind of organically.&rdquo; &nbsp;</p> <h3>HedgeTrade&#39;s&nbsp;Inner Workings</h3> <p>Users sign up and follow experienced traders&rsquo; ...</p><p><a href=https://www.benzinga.com/fintech/20/02/15250405/how-hedgetrades-social-platform-unlocks-earnings-potential-for-traders alt=How HedgeTrade&#039;s Social Platform Unlocks Earnings Potential For Traders>Full story available on Benzinga.com</a></p> David Waslen Fintech HedgeTrade Peter Danihel Exclusives Interview Fintech Exclusives Interview Benzinga Wed, 05 Feb 2020 17:34:02 +0000 Renato Capelj 15250405 at https://www.benzinga.com What To Make Of The Wild Chinese Stock Market Swing And Its Impact On The US https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15250047/what-to-make-of-the-wild-chinese-stock-market-swing-and-its-impact-on-the-us <p>Despite a rising death toll and more than 20,000 confirmed cases of coronavirus infections in China, U.S. stocks came roaring back on Tuesday, seemingly shrugging off concerns that the virus could weigh on the Chinese economy and potentially negatively impact the entire global financial system.</p> <p>Chinese stocks rebounded from a sharp decline on Monday after <a href="https://www.reuters.com/article/us-china-health-economy-exclusive/exclusive-as-virus-fallout-widens-china-readies-more-measures-to-stabilize-economy-sources-idUSKBN1ZY103">Reuters reported</a> that the Chinese central bank could cut interest rates and bank reserve ratios in addition to its aggressive liquidity injections announced earlier this week. The People&rsquo;s Bank of China said it plans to inject $174 billion of liquidity into its financial markets.</p> <p>Market experts have been comparing the Wuhan coronavirus to its predecessor SARS, which triggered a temporary market sell-off back in 2002 and 2003.</p> <p><em>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/20/01/15166413/a-history-of-coronavirus-outbreaks-and-the-stock-market">A History Of Coronavirus Outbreaks And The Stock Market</a></em></p> <h3>How To Play It</h3> <p>Wall Street analysts have estimated the virus will negatively impact China&rsquo;s 2020 GDP growth by between 0.2% and 1.0% depending on the ultimate ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15250047/what-to-make-of-the-wild-chinese-stock-market-swing-and-its-impact-on-the-us alt=What To Make Of The Wild Chinese Stock Market Swing And Its Impact On The US>Full story available on Benzinga.com</a></p> Aaron Boesky Analyst Color China coronavirus David Lefkowitz FXI Government Joe Brusuelas Marco Polo Pure Asset Management News Regulations RSM US LLP SPY UBS Health Care Futures Global Top Stories Economics Exclusives Markets Analyst Ratings General FXI US4642871846 SPY US78462F1030 News Analyst Color Government Regulations Health Care Futures Global Top Stories Economics Exclusives Markets Analyst Ratings General Benzinga Wed, 05 Feb 2020 13:06:58 +0000 Wayne Duggan 15250047 at https://www.benzinga.com How Kevin O'Leary Came To Love Tesla's Stock https://www.benzinga.com/trading-ideas/long-ideas/20/02/15158247/how-kevin-oleary-came-to-love-teslas-stock <p>About two years ago, &quot;Shark Tank&quot; star Kevin O&rsquo;Leary <a href="http://www.benzinga.com/markets/cryptocurrency/18/05/11759919/kevin-oleary-likes-his-tesla-model-x-but-hates-the-stock">couldn&#39;t make sense of investing</a> in <strong>Tesla Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>)...even though he bought one of the cars and enjoyed driving it. Elon Musk&#39;s company was making good cars, but wasn&#39;t making money.</p> <p><strong><em>Loves the car, but not the stock</em></strong></p> <p>&quot;I love the car - now the stock is crazy,&quot; O&#39;Leary <a href="https://www.youtube.com/watch?time_continue=3&amp;v=GcG81h2B9PM&amp;feature=emb_logo">said during a 2018 talk at Benzinga&#39;s headquarters in Detroit</a>. &quot;Why would you pay that multiple for a company that makes no money? ... You can buy a basket of companies right here in Detroit at 11 to 12 times and get a dividend and they&#39;re all all over automated cars and battery cars. Or you can pay an infinite multiple for a stock ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/02/15158247/how-kevin-oleary-came-to-love-teslas-stock alt=How Kevin O&#039;Leary Came To Love Tesla&#039;s Stock>Full story available on Benzinga.com</a></p> electric vehicles Elon Musk Kevin O'Leary Long Ideas O'Shares Shark Tank TSLA Top Stories Exclusives Media Trading Ideas TSLA US88160R1014 Long Ideas Top Stories Exclusives Media Trading Ideas Benzinga Tue, 04 Feb 2020 22:10:52 +0000 Dave Royse 15158247 at https://www.benzinga.com Citron Shorts Tesla, Again: 'Even Elon Would Short The Stock Here' https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15248268/citron-shorts-tesla-again-even-elon-would-short-the-stock-here <p><strong>Tesla Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) has been one of the biggest market winners 2020, but Citron&rsquo;s Andrew Left told Benzinga on Tuesday he&rsquo;s betting Tesla will come back down to earth at some point.</p> <p>The short seller, who has taken both sides of the Tesla trade in recent years, said on Twitter that even Tesla CEO Elon Musk would short the stock at this point if he were running an investment fund.</p> <blockquote class="twitter-tweet"><p>We love <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> and promised never to be short again. BUT when the computers start driving the market, we believe even Elon would short the stock here if he was a fund manager. This is no longer about the technology, it has become the new Wall St casino.</p> <p>&mdash; Citron Research (@CitronResearch) ...</p></blockquote><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/02/15248268/citron-shorts-tesla-again-even-elon-would-short-the-stock-here alt=Citron Shorts Tesla, Again: &#039;Even Elon Would Short The Stock Here&#039;>Full story available on Benzinga.com</a></p> Analyst Color Andrew Left Citron Research Elon Musk Short Sellers TSLA Short Ideas Exclusives Trading Ideas TSLA US88160R1014 Analyst Color Short Sellers Short Ideas Exclusives Trading Ideas Benzinga Tue, 04 Feb 2020 16:50:55 +0000 Wayne Duggan 15248268 at https://www.benzinga.com Exclusive: Applied Genetic's CEO Talks Partnerships, Politics, Pipeline https://www.benzinga.com/general/biotech/20/01/15217617/exclusive-applied-genetics-ceo-talks-partnerships-politics-pipeline <p>In the last year, sell-side analysts have shown confidence in <strong>Applied Genetic Technologies Corp</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agtc#NASDAQ">AGTC</a>) with a series of upgrades and initiations. BMO, Chardan, Janney and Roth all bought into the biotech, and the company has yet to disappoint.</p> <p>Shares traded under the $3 level a year ago and nearly popped over $10 earlier this month. The stock currently trades around $6.50 a share.</p> <h3>AGTC&#39;s Pipeline</h3> <p>At AGTC&rsquo;s Jan. 28 R&amp;D Day, the biotech reported sustained positive data for its lead candidate XLRP in a Phase 1/2 trial for X-linked retinitis pigmentosa. XLRP is an orphan drug targeting 20,000 patients across the combined U.S. and European markets.</p> <p>&ldquo;We&rsquo;re really concentrating on and moving forward in the next stage, which is the pivotal trial,&rdquo; AGTC President and CEO Sue Washer told Benzinga.</p> <p>The company previously reported &ldquo;signs of biologic activity&rdquo; from its other candidate, ACHM, in achromatopsia. The indication affects 28,000 patients in the U.S. and Europe.</p> <p>&ldquo;Both patient populations are robust patient populations,&rdquo; the CEO said.</p> <p>AGTC plans to begin a ...</p><p><a href=https://www.benzinga.com/general/biotech/20/01/15217617/exclusive-applied-genetics-ceo-talks-partnerships-politics-pipeline alt=Exclusive: Applied Genetic&#039;s CEO Talks Partnerships, Politics, Pipeline>Full story available on Benzinga.com</a></p> AGTC Biotech Sue Washer Politics Top Stories Exclusives Interview General AGTC Biotech Politics Top Stories Exclusives Interview General Benzinga Fri, 31 Jan 2020 13:20:19 +0000 Elizabeth Balboa 15217617 at https://www.benzinga.com