Ares Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant Stock (NYSE: AACT/U)

Ares Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant Stock (NYSE:AACT/U), Trade Ideas

Ares Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Ares Acquisition Corp II

<a href="https://www.wsj.com/business/media/nbc-prepares-roughly-2-5-billion-a-year-offer-to-steal-nba-rights-away-from-tnt-e6e14eeb?mod=latest_headlines">https://www.wsj.com/business/media/nbc-prepares-roughly-2-5-billion-a-year-offer-to-steal-nba-rights-away-from-tnt-e6e14eeb?mod=latest_headlines</a>
<a href="https://www.wsj.com/market-data/quotes/CMCSA">Comcast</a>'s NBCUniversal is prepared to pay an average of about $2.5 billion a year to air a package of National Basketball Association games, as rival <a href="https://www.wsj.com/market-data/quotes/WBD">Warner Bros. Discovery</a> makes last-ditch efforts to keep those rights, say people familiar with the situation.
Warner's TNT is one of the league's oldest TV partners and has paid an average fee of $1.2 billion under its current deal. Warner was unable to reach a new pact with the NBA before an exclusive negotiating window expired last week, which allowed NBC to make a bid.

CMCSA

"NBC Prepares Roughly $2.5B A Year Offer To Steal NBA Rights Away From TNT; League Is In Advanced Stages Of A New Round Of Media-Rights Deals; Disney's Payments Would Increase Under Proposed Deal" - WSJ

- Publication highlights administration of setmelanotide therapy resulted in a mean percent reduction in BMI of 15% at 16 weeks and 26% at one year of treatment - &nbsp;
- Topline data from ongoing pivotal Phase 3 clinical trial in hypothalamic obesity on track for 2Q 2025 -
BOSTON, April 29, 2024 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYTM#NASDAQ">RYTM</a>), a global commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families living with rare neuroendocrine diseases, today announced the publication of previously disclosed results from its Phase 2 study of setmelanotide for the treatment of hypothalamic obesity. The data are published in the peer-reviewed journal <a href="https://www.globenewswire.com/Tracker?data=LOTYrG0-b2uRO2Ow4ozZz-WqjIt97P7lhr7DKV4czewf45SX2K71fLIWjHf3wZ0MBAb2gUUbaZCG8-oddnDJ9_eSBSYvEe64ucLC8WceKigi15YqG2-_sRJXSn4eKJ8uMu-pL83DxgvMwkuWvX-i0NwyGUIrohxgWXuSuucav14evo_sGUdvDmqb19hu_U6lp4qQebYD0nehsFmQYOpWbQ==">The Lancet Diabetes &amp; Endocrinology</a>.
"People with hypothalamic obesity experience rapid, severe weight gain and hyperphagia," said lead author Christian Roth, M.D., Seattle Children's Research Institute and Division of Endocrinology, Department of Pediatrics, University of Washington. "In this first study to investigate the use of setmelanotide as a targeted treatment for hypothalamic obesity, we observed a consistent reduction in body weight and hunger in all adherent patients. We believe these findings support setmelanotide as a potential novel and effective treatment option, and we look forward to potentially confirming the results in the ongoing pivotal study."
Acquired hypothalamic obesity is a rare form of extreme obesity that occurs following damage to the hypothalamic region of the brain, which includes the melanocortin-4 receptor (MC4R) pathway and is responsible for controlling physiological functions such as hunger and weight regulation. It most frequently follows the growth or surgical removal of craniopharyngioma, astrocytoma, or other rare brain tumors. Patients experience rapid weight gain, a reduction in energy expenditure, and an increase in hunger leading to severe obesity within six to 12 months following tumor resection.
Rhythm enrolled 18 patients in its open-label, 16-week Phase 2 trial designed to evaluate setmelanotide in acquired hypothalamic obesity in patients with a body mass index (BMI) ≥95th percentile (children 6 to &lt;18 years) or ≥35 kg/m2 (adults ≥18 years). The primary endpoint was the proportion of patients who achieved a 5% or greater reduction in BMI after 16 weeks of treatment. Hunger was also assessed daily, as self-reported by individual patients. As previously disclosed, results demonstrated:
<ul>
<li>89% (16 of 18) of patients achieved the primary endpoint;</li>
<li>78% (14 of 18) of patients achieved a 10% or greater reduction in BMI at 16 weeks;</li>
<li>Mean percent reduction in BMI was 15% from baseline;</li>
<li>In pediatric patients (n=13), the mean (standard deviation [SD]) BMI Z score at Week 16 was 2.7 (1.3), a reduction of 1.3 (1.0) points from baseline; and</li>
<li>Mean (SD) most hunger score at baseline was 6.6 (1.6), compared with 3.7 (2.5) at Week 16, for a reduction of –2.9 (2.3) points or 45% for patients ≥12 years of age (n=11). &nbsp;</li>
</ul>
The publication also includes preliminary data from Rhythm's long-term extension of the Phase 2 study that were disclosed at ObesityWeek&#xAE; 2023. These data show patients with hypothalamic obesity (n=12) achieved mean BMI reduction of approximately 26% at one year on setmelanotide treatment.
Consistent with prior experience, setmelanotide was generally well tolerated. The most common adverse events (AEs) in the primary trial included nausea (61.1%), vomiting (33.3%), skin hyperpigmentation (33.3%), diarrhea (22.2%), and COVID-19 (22.2%). Two patients discontinued due to AEs and a third patient was non-compliant. There were no serious AEs, no AEs that led to study discontinuation during the trial, and no new safety concerns were observed during the long-term extension trial.
In January 2024, Rhythm announced the completion of screening for enrollment in the ongoing pivotal, Phase 3 clinical trial evaluating setmelanotide in patients with acquired hypothalamic obesity. The Company remains on track to obtain topline study results in the first half of 2025.

Biotech

News

General

RYTM

Rhythm Pharmaceuticals Announces Publication Of Results From Phase 2 Study Of Setmelanotide For The Treatment Of Hypothalamic Obesity In The Lancet Diabetes & Endocrinology

Five Star (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSBC#NASDAQ">FSBC</a>) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.53 by 16.98 percent. This is a 19.48 percent decrease over earnings of $0.77 per share from the same period last year.

Earnings

FSBC

Five Star Q1 EPS $0.62 Beats $0.53 Estimate

Douglas Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLOW#NYSE">PLOW</a>) narrows FY2024 Adj EPS guidance from $1.20-2.10 to $1.20-1.70 vs $1.49 analyst estimate. Narrows FY2024 sales outlook from $600.00 million-660.00 million to $600.00 million-640.00 million vs $610.83 million estimate.

Guidance

PLOW

Douglas Dynamics Narrows FY2024 Adj EPS Guidance From $1.20-$2.10 To $1.20-$1.70 Vs $1.49 Est; Narrows FY2024 Sales Guidance From $600M-$660M To $600M-$640M Vs $610.83M Est

Microsoft Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) latest ID@Xbox digital showcase<a href="https://news.xbox.com/en-us/2024/04/29/ign-x-idxbox-digital-showcase-recap-2024/"> unveiled </a>a treasure trove of indie gems destined to captivate gamers on both Xbox and <a href="https://www.benzinga.com/general/gaming">PC platforms. </a>
From thrilling updates to beloved titles such as Palworld and Vampire Survivors to tantalizing glimpses of new adventures such as Astor: Blade of the Monolith and Commandos: Origins, the event showcased the diversity and creativity flourishing within the indie gaming scene. 
See Also: <a href="https://www.benzinga.com/general/gaming/24/04/38499828/nintendo-switch-2-reports-leak-magnetic-joy-cons-enhanced-1080p-screen-next-gen-cartridges">Nintendo Switch 2 Reports Leak: Magnetic Joy-Cons, Enhanced 1080p Screen, Next-Gen Cartridges</a>
With a game lineup catering to every taste, today&#8217;s ID@Xbox presentation promises an exciting future for indie gaming enthusiasts. 
Let&#8217;s dive into the highlights of this eagerly anticipated event and discover the captivating worlds awaiting players.
<ol>
<li>Astor: Blade of the Monolith
<ul>
<li>Release Date: May 30</li>
<li>Description: A hack-and-slash ARPG where players control Astor in a quest to uncover the mystery behind the disappearance of ancients.</li>
</ul>
</li>
<li>33 Immortals
<ul>
<li>Closed Beta: Late May</li>
<li>Description: A co-op roguelike game with hand-drawn visuals, offering intense action and gameplay for up to 33 players.</li>
</ul>
</li>
<li>Palworld
<ul>
<li>Update: Summer</li>
<li>Description: An indie hit receiving a significant update introducing new Pals and features, including the use of flamethrower weapons.</li>
</ul>
</li>
<li>Commandos: Origins
<ul>
<li>Closed Beta: Summer</li>
<li>Description: Set in WWII, players lead Jack O&#8217;Hara and his companions through historically authentic missions in a closed beta this Summer.</li>
</ul>
</li>
<li>Centum
<ul>
<li>Release: Summer</li>
<li>Description: An 8-bit point-and-click adventure game that shifts between medieval and modern settings, set to release this Summer.</li>
</ul>
</li>
<li>Lost Records: Bloom &amp; Rage
<ul>
<li>Release: TBD</li>
<li>Description: A 1995-set story-driven game from the creators of Life is Strange, featuring nostalgic elements and skateboarding.</li>
</ul>
</li>
<li>Keylocker
<ul>
<li>Release: Summer</li>
<li>Description: A turn-based cyberpunk action game where players control a singer in a world where music is outlawed, inspired by classic RPGs.</li>
</ul>
</li>
<li>Stampede: Racing Royale
<ul>
<li>Release: TBD</li>
<li>Description: A kart racing battle royale with 60 players, combining the racing and chaos of Mario Kart with Fall Guys-style goofiness.</li>
</ul>
</li>
<li>Jackbox Naughty Pack
<ul>
<li>Release: TBD</li>
<li>Description: An adult-themed Party Pack from Jackbox Games, offering darker and more provocative party games.</li>
</ul>
</li>
<li>Times &amp; Galaxy
<ul>
<li>Release: June</li>
<li>Description: A point-and-click adventure game where players control a robot reporter exploring stories across the galaxy.</li>
</ul>
</li>
<li>Sulfur
<ul>
<li>Release: TBD</li>
<li>Description: A contemporary shooter with roguelike elements and old-school vibes reminiscent of classic Doom and Wolfenstein games.</li>
</ul>
</li>
<li>Fera: The Sundered Tribes
<ul>
<li>Release: Later in 2024</li>
<li>Description: An action RPG blending monster hunting with tribe management and building mechanics, set to launch later this year.</li>
</ul>
</li>
<li>All You Need Is Help
<ul>
<li>Release: Fall</li>
<li>Description: A multiplayer puzzle game where players must place puzzle pieces correctly within a time limit, offering a cozy and silly experience.</li>
</ul>
</li>
<li>Tails of Iron 2: Whiskers of Winter
<ul>
<li>Release Date: TBD</li>
<li>Description: A soulslike action RPG featuring Arlo&#8217;s quest to defeat giant beasts and bandits in a comic book 2D art style.</li>
</ul>
</li>
<li>Hangry
<ul>
<li>Release: TBD</li>
<li>Description: A &#8220;snack n&#8217; slash&#8221; RPG where players hunt down and eat monsters, offering unique gameplay mechanics.</li>
</ul>
</li>
<li>Promise Mascot Agency
<ul>
<li>Release: In 2025</li>
<li>Description: Players run a mascot agency, engaging in card-based battles and management gameplay mechanics.</li>
</ul>
</li>
<li>Gamera Games on Xbox Game Pass
<ul>
<li>Release: TBD</li>
<li>Games: Depersonalization, Firework, Volcano Princess, Kelperth, and The Rewinder</li>
<li>Description: Indie games coming to Game Pass.</li>
</ul>
</li>
<li>Triple-I Initiative Showcase
<ul>
<li>Release: TBD</li>
<li>Games: Palworld Arena, Cat Quest 3 and more</li>
<li>Description: Indie delights from the Triple-I Initiative showcase playable on Xbox.</li>
</ul>
</li>
<li>Dungeons of Hinterberg
<ul>
<li>Release: TBD</li>
<li>Description: A fusion of social sim and action RPG set in the Austrian Alps, where players conquer dungeons as a law trainee suffering burnout.</li>
</ul>
</li>
<li>Vampire Survivors: Operation Guns DLC
<ul>
<li>Release: May 9</li>
<li>Description: A DLC for Vampire Survivors introducing new content and featuring the character Brad Fang from Contra: Hard Corps.</li>
</ul>
</li>
</ol>
Read Next: <a href="https://www.benzinga.com/general/gaming/24/04/38471780/why-microsofts-activision-blizzard-killed-off-blizzcon-2024">Why Microsoft&#8217;s Activision Blizzard Killed Off Blizzcon 2024</a>
Photo: Courtesy of Xbox.

Gaming

MSFT

ID@Xbox April 2024: All The Must-Play Games From Xbox's Indie Game Showcase

GeneDx Hldgs (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wgs#NASDAQ">WGS</a>) raises FY2024 sales outlook from $220.00 million-230.00 million to $235.00 million-245.00 million.GeneDx Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) raises FY2024 sales outlook from $220.00 million-230.00 million to $235.00 million-245.00 million.

Small Cap

GeneDx Hldgs Raises FY2024 Sales Guidance from $220M-$230M To $235M-$245M Vs $226.1M

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) recent achievement in passing a significant milestone for its full self-driving (FSD) technology in China sparked discussions among <a href="https://www.benzinga.com/quote/TSLA/news">investors and enthusiasts</a>. 
The news, which caused Tesla&#8217;s share price to spike more than 15% on Monday, comes as the electric car maker continues to navigate the competitive Chinese market.
Related: <a href="https://www.benzinga.com/markets/equities/24/04/38485399/tesla-skyrockets-about-10-in-premarket-whats-fueling-the-dramatic-rally">Tesla Skyrockets About 10% In Premarket: What&#8217;s Fueling The Dramatic Rally?</a>
<h1 class="wp-block-heading">Strategic Win For Tesla</h1>
The breakthrough in China raises expectations that Tesla&#8217;s FSD technology will soon be available in the country. China is Tesla&#8217;s largest market for electric vehicles.
Investors see this move as a strategic win for Tesla. Especially since it comes at a time when it is facing stiff competition from local rivals such as BYD Co Ltd (OTCPK:BYDDF) (OTCPK:BYDDY), Nio Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), and Xpeng Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>).
However, some investors remain cautious about the impact of this development on Tesla&#8217;s stock.
<h1 class="wp-block-heading">May Not Be The Catalyst To Drive Further Gains, Says Redditor</h1>
The Redditor known as Puginator <a href="https://www.reddit.com/r/stocks/comments/1cfwypc/tesla_jumps_10_in_premarket_trade_after_passing/">posted on r/stocks</a>, sharing his opinion on the news. He highlighted that while Tesla&#8217;s stock saw a significant jump, this may not be the catalyst to drive further gains. 
Others echoed similar sentiments. Two Redditors pointed out previous announcements by Tesla, such as the unveiling of Tesla 2 and the promise of robotaxis, did not have a significant impact on the stock price.
Despite the skepticism, some believe Tesla&#8217;s move to bring its FSD technology to China could have broader implications.
<h1 class="wp-block-heading">Broader Implications Of Tesla&#8217;s FSD Nod</h1>
Redditor Decent-Photograph391 suggested China&#8217;s decision to allow Tesla&#8217;s FSD could be a strategic move to smooth over Chinese EVs&#8217; entry into the U.S. market. By allowing Tesla&#8217;s FSD, China may be positioning itself favorably in the global EV market, leveraging its ability to make quick decisions and allocate resources effectively. 
<blockquote class="wp-block-quote">&#8220;I have a different take. China is allowing it to smooth over Chinese EV's entry into the US market.
They figure it's no big loss to allow Tesla's &#8216;FSD,&#8217; as it won't hurt the Chinese in their domestic market as few people make buying decisions based on driving assistance. BYDs are selling just fine without investing too much into it.&#8221;
<cite>&#8212;<a href="https://www.reddit.com/r/stocks/comments/1cfwypc/comment/l1s3r3w/?utm_source=share&amp;utm_medium=web3x&amp;utm_name=web3xcss&amp;utm_term=1&amp;utm_content=share_button">Redditor Decent-Photograph391</a></cite></blockquote>
Overall, investors saw Tesla&#8217;s progress with its FSD technology in China as a positive development for the company.
It remains to be seen how this milestone will truly impact Tesla&#8217;s stock and its competitive position in the global EV market.
TSLA Price Action: Tesla stock closed up 15.31% at $194.05 on Monday.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38491219/apple-and-tesla-only-two-companies-able-to-thread-the-needle-in-terms-of-china-us-s">Apple And Tesla &#8216;Only Two Companies Able To Thread The Needle In Terms Of China-US&#8217;, Says Top Analyst After Tim Cook And Elon Musk&#8217;s Recent China Visits</a>
Photo: Beach Media on Shutterstock

Long Ideas

Global

Opinion

Tech

Trading Ideas

BYDDF

BYDDY

TSLA

XPEV

Tesla's FSD Nod Win Seen As Move To 'Smooth Over Chinese EV's Entry Into The US Market' Says Redditor

Douglas Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLOW#NYSE">PLOW</a>) reported quarterly losses of $(0.29) per share which beat the analyst consensus estimate of $(0.30) by 3.33 percent. This is a 47.27 percent increase over losses of $(0.55) per share from the same period last year. The company reported quarterly sales of $95.655 million which beat the analyst consensus estimate of $91.467 million by 4.58 percent. This is a 15.88 percent increase over sales of $82.545 million the same period last year.

Earnings Beats

Douglas Dynamics Q1 2024 Adj EPS $(0.29) Beats $(0.30) Estimate, Sales $95.655M Beat $91.467M Estimate

Southern Missouri Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMBC#NASDAQ">SMBC</a>) reported quarterly earnings of $0.99 per share which beat the analyst consensus estimate of $0.98 by 1.02 percent. The company reported quarterly sales of $40.093 million which missed the analyst consensus estimate of $41.880 million by 4.27 percent. This is a 0.10 percent increase over sales of $40.051 million the same period last year.

Earnings Misses

SMBC

Southern Missouri Bancorp Q3 2024 GAAP EPS $0.99 Beats $0.98 Estimate, Sales $40.093M Miss $41.880M Estimate

Asset Sales

Investor Group Led By Riverside To Buy The Townsend Group From Aon; Terms Not Disclosed

Rubric Capital Management LP, an investment advisor whose managed funds and accounts collectively own approximately&nbsp;9.0%&nbsp;of the outstanding shares of common stock of Xperi,&nbsp;urges stockholders to vote for its nominees Thomas A. Lacey and Deborah S. Conrad on the white proxy card

XPER

Rubric Releases Presentation Highlighting Need For Change To Xperi's Board

Issuance of the Second Request extends the waiting period under the HSR Act until 30 days after both the Company and Endeavor substantially comply with the Second Request, unless the waiting period is extended voluntarily by the parties or terminated earlier by the FTC.&nbsp;

FANG

On April 29, 2024, Diamondback Energy, Endeavor Each Receive Request For Additional Information From FTC Regarding Merger - Filing

For years, fans of the National Football League have been hoping to have the day after the Super Bowl <a href="https://www.benzinga.com/general/sports/24/02/37059904/should-the-day-after-the-super-bowl-be-a-holiday-heres-what-benzinga-readers-said-and-what-history">made an official holiday.</a>
NFL Commissioner Roger Goodell hinted that this wish from fans could happen if he gets his way.
What Happened: The National Football League recently enjoyed setting records at the 2024 NFL Draft with <a href="https://www.benzinga.com/general/sports-betting/24/04/38501129/2024-nfl-draft-recap-quarterbacks-wide-receivers-detroit-set-records-who-will-win-rookie-o">the city of Detroit</a> helping set new day one and overall draft weekend records of 275,000 and 775,000 people, respectively.
While <a href="https://twitter.com/PatMcAfeeShow/status/1783902224927633813">speaking </a>on "The Pat McAfee Show" Friday during the NFL Draft, Goodell was asked his thoughts about the current NFL season structure.
Goodell said he isn't a fan of the preseason games and would prefer to have an 18-game schedule for NFL teams. The current schedule has teams playing three preseason games and 17 regular season games.
"I think we're good at 17 now. But listen, we're looking at how we continue," Goodell said.
One of the comments made by Goodell when discussing the potential change to the NFL schedule was to have the Super Bowl moved back a week, which would put it in alignment with the Presidents' Day weekend.
Presidents&#8217; Day, which honors U.S. presidents including George Washington and Abraham Lincoln who have February birthdays, falls on the third Monday of February annually. The date is a federal holiday and also <a href="https://www.benzinga.com/news/24/02/37196072/presidents-day-sees-wall-street-pause-nasdaq-nyse-shut-doors-today">sees major U.S. stock exchanges closed.</a>
By moving the Super Bowl to the Sunday of Presidents' Day Weekend, many NFL fans and viewers of the game would have the day following the NFL championship off of work.
A move would have to be approved by the NFL Players Association. The league and Players Association previously made changes to the 16-game regular season to 17 games and eliminated a preseason game from the previous annual total of four. An agreement was also reached on expanding the playoff field from 12 teams to 14 teams, which added two additional postseason games each season.
Related Link: <a href="https://www.benzinga.com/general/sports/24/02/37163567/nfl-sticks-with-exclusive-streaming-but-what-about-the-super-bowl-we-have-to-fish-where-the-fish-a">NFL Sticks With Exclusive Streaming, But What About The Super Bowl? &#8216;We Have To Fish Where The Fish Are&#8217;</a>
Why It's Important: Having an extra NFL game and the Super Bowl as part of a holiday weekend are items that could help companies with media deals with the NFL and sportsbooks.
The company with rights to the Super Bowl could charge more for advertisements late in the game as viewership might not drop later in the game due to anyone going to bed to wake up for work the next morning.
Last year's Super Bowl (Super Bowl LVIII) hit a <a href="https://www.benzinga.com/general/space/24/02/37109382/super-bowl-lviii-sets-modern-day-viewership-record-how-did-nfl-championship-compare-to-apollo-11-mo">modern-day viewership record </a>with an average of 123.4 million viewers across network and streaming platforms owned by Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>). The game was watched by a total of 202.4 million people, which was up 10% year-over-year.
The locations and dates have already been announced for the next three Super Bowls. The media partners for the next 10 Super Bowls have also been announced with Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) set to air Super Bowl LVIX in 2025.
Based on needing approval for the changes, it could be several years before the Super Bowl falls on a holiday weekend, but Goodell's comments could be a positive step in the right direction of giving fans one of the most requested items in sports.
A 2023&nbsp;<a href="https://workforceinstitute.org/super-bowl-survey-will-we-see-a-spike-in-absenteeism/" target="_blank" rel="noreferrer noopener">survey&nbsp;</a>from the Workforce Institute said 18.1 million employees were expected to miss work the day after last year's Super Bowl.
Furthermore, workforce productivity is expected to drop by more than $5 billion in the week of and the day after the Super Bowl, according to a&nbsp;<a href="https://www.sportsbookreview.com/news/super-bowl-saturday-analysis/" target="_blank" rel="noreferrer noopener">study&nbsp;</a>from Sportsbook Review.
There have been petitions over the years to move the Super Bowl to a Saturday. More than two dozen petitions have been made on Change.org since 2017,&nbsp;<a href="https://www.usatoday.com/story/sports/nfl/2024/02/04/super-bowl-monday-holiday/72369926007/" target="_blank" rel="noreferrer noopener">according</a>&nbsp;to USA Today. One recent petition to move the game to Saturday generated over 144,000 signatures. &nbsp;
One proposal also suggested that Presidents' Day, which is a federal holiday, should come the day after the Super Bowl.
&#8220;The reason we haven&#8217;t done it in the past is simply just from an audience standpoint. The audiences on Sunday night are so much larger,&#8221; Goodell said in 2018. &#8220;Fans want to have the best opportunity to be able to see the game and we want to give that to them, so Sunday night is a better night.&#8221;
A survey of Benzinga social media followers asked if the day after the Super Bowl should be a holiday revealed 57.9% on X (formerly known as Twitter) selected yes and 60% on LinkedIn said yes, suggesting more than half of the country would welcome the idea Goodell is ready to propose.
Read Next: <a href="https://www.benzinga.com/general/gaming/24/02/37081898/madden-24-video-game-predicted-kansas-city-chiefs-super-bowl-win-mahomes-mvp-heres-how-much-you-co">Madden 24 Video Game Predicted Kansas City Chiefs Super Bowl Win, Mahomes MVP: Here&#8217;s How Much You Could&#8217;ve Won Betting</a>
Photo: Shutterstock

Sports

FOXA

PARA

PARAA

NFL Fans Rejoice, Day After Super Bowl Could Be A Holiday: 'We're Looking At How We Continue'

Rambus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.44 by 2.27 percent. This is a 2.27 percent increase over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $133.592 million which beat the analyst consensus estimate of $132.000 million by 1.21 percent. This is a 10.34 percent decrease over sales of $148.998 million the same period last year.

RMBS

Rambus Q1 2024 Adj EPS $0.45 Beats $0.44 Estimate, Sales $133.592M Beat $132.000M Estimate

As of December 31, 2023, the Company had cash, cash equivalents, restricted cash, and short-term investments of&nbsp;$17.9 million.
Net loss attributable to the Company was&nbsp;$(21.0) million&nbsp;for the year ended December 31, 2023, compared to&nbsp;$(33.3) million&nbsp;for the year ended December 31, 2022.

BYSI

BeyondSpring Reports FY23 Loss Per Share Of $(0.54) Vs. $(0.85) Last Year

Transocean (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIG#NYSE">RIG</a>) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.14) by 78.57 percent. The company reported quarterly sales of $763.000 million which missed the analyst consensus estimate of $787.043 million by 3.05 percent. This is a 17.57 percent increase over sales of $649.000 million the same period last year.

Transocean Q1 2024 Adj EPS $(0.03) Beats $(0.14) Estimate, Sales $763.000M Miss $787.043M Estimate

Synopsys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) has outperformed the market over the past 10 years by 20.35% on an annualized basis producing an average annual return of 30.91%. Currently, Synopsys has a market capitalization of $83.10 billion. 
Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 10 years ago, it would be worth $14,546.33 today based on a price of $544.76 for SNPS at the time of writing.
<h3>Synopsys's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714426233_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SNPS

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $15,000 Today

MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) has outperformed the market over the past 10 years by 17.16% on an annualized basis producing an average annual return of 27.73%. Currently, MSCI has a market capitalization of $37.79 billion. 
Buying $100 In MSCI: If an investor had bought $100 of MSCI stock 10 years ago, it would be worth $1,158.00 today based on a price of $476.98 for MSCI at the time of writing.
<h3>MSCI's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714426227_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MSCI

If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,200 Today

JEWL

Adamas One Gets Nasdaq Notification Of Non-Compliance With Nasdaq Listing Rules

Under the terms of the agreement, Victory will purchase up to 10 KARNO generators, to be deployed in the Hydrogen production facilities of their subsidiary,&nbsp;H2 Energy Group&nbsp;(H2EG)