Achiko (OTC:ACHKF) Stock, Quote.Headers.trade-ideas

Achiko AG is developing disruptive diagnostic solutions that put people first. The company product is a rapid, reliable Covid-19 test with a companion app offering a user-friendly digital health passport. Achiko creates and develops aptamer-based diagnostics through its biotechnology division, AptameX, and companion health apps via its digital mobile health technology division, Teman Sehat. The AptameX DNA aptamer tests can be rapidly chemically synthesized, are cost-effective, and have wide potential across multiple disease diagnostics. Leveraging AptameX and Teman Sehat, Achiko aims to deliver fast, accurate, and affordable diagnostic testing for a range of pathogenic diseases and therapeutic indications in the rapidly evolving healthcare diagnostics field.

Achiko AG

Transportation Secretary Pete Buttigieg&#8216;s claim about <a href="https://www.benzinga.com/government/24/09/41006494/the-fed-and-inflation-recalibration">inflation</a> came under scrutiny from Gordon Johnson of GLJ Research, who argued in an X post on Wednesday that pricing pressures have actually been trending upward.
What Happened: Commenting on a news story that contended claims by Republican Vice President candidate Sen. J.D. Vance (R-Ohio) that the Inflation Reduction Action of 2022 stoking pricing pressure, Buttigieg, who serves in the [Joe] Biden administration, said, &#8220;Sure is interesting how we passed the Inflation Reduction Act, and then inflation went down.&#8221;
The Inflation Reduction Act was passed by Congress and signed into law by Biden on Aug. 16, 2022. Apart from provisions for supporting clean energy and reducing emissions, the bill also includes measures to bring down healthcare costs and increase revenue to the government through tax reform. The latter is expected to help the government gather the necessary resources to fund the remaining provisions of the bill.
Johnson At Odds: Johnson stepped in to make a counterclaim. Sharing a chart showing inflation&#8217;s trajectory, the analyst challenged Buttigieg to prove his point with the chart. Inflation has not gone down, only the pace of price increases has slowed, he said.
&#8220;They are still rising and you don&#8217;t seem to care&#8230;at all,&#8221; Johnson said. The chart showed that the annual consumer price inflation is 11.4% points above the 2% inflation trend seen since March 2020.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">1/2 Hey <a href="https://twitter.com/PeteButtigieg?ref_src=twsrc%5Etfw">@PeteButtigieg</a>&#8230; can you show me on this chart where inflation went down? You can&#39;t b/c inflation has NOT WENT DOWN. The pace of prices rising has slowed, yes, but THEY ARE STILL RISING AND YOU DON&#39;T SEEM TO CARE&#8230; AT ALL. In reality, inflation is running at +11.4%&#8230; <a href="https://t.co/g48fbiHxmL">https://t.co/g48fbiHxmL</a> <a href="https://t.co/NPh2ExmEYz">pic.twitter.com/NPh2ExmEYz</a>
&mdash; Gordon Johnson (@GordonJohnson19) <a href="https://twitter.com/GordonJohnson19/status/1839031424659161317?ref_src=twsrc%5Etfw">September 25, 2024</a></blockquote>
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<figcaption class="wp-element-caption">Economist Peter Schiff, who also holds a similar view, reacted to Buttigieg&#8217;s post. The economist said inflation would have gone down more without the Inflation Reduction Act. &#8220;But inflation is about to go back up, and the inflation &#8220;reduction&#8221; Act is one reason that the next leg up in inflation will be even bigger than the last,&#8221; he warned.</figcaption></figure>
Delving into the root cause, the economist said the problem was excessive government spending and regulations. &#8220;That undermines productivity and results in larger budget deficits, which depletes savings and results in the Fed creating more money to buy Treasuries,&#8221; he said. The economist called upon massive spending cuts by the government if inflation were to go down. 
See Also: <a href="https://www.benzinga.com/money/best-inflation-stocks">Best Inflation Stocks</a>
Why It&#8217;s Important: The slowdown in inflation from the 9%+ level in the summer of 2022 to 2.5% in August has allowed the Federal Reserve to reduce the Fed fund rate, which was hovering at a 22-year higher ahead of the 50 basis-point cut announced last week. Inflation deniers argue that the owners-equivalent rent component, which is one of the main reasons for the sticky inflation, is based on lagging data and is not reflective of the current situation.
Schiff, meanwhile, sees renewed inflation pressure as the U.S. dollar weakens amid the rate cuts, potentially pushing up inflationary pressure.
More clarity on inflation will likely emerge when the Bureau of Labor Statistics releases the <a href="https://www.benzinga.com/news/large-cap/24/09/41029162/feds-favorite-inflation-data-friday-could-sway-november-interest-rate-cut-odds">personal income and spending report for August on Friday.</a> The report comprises the personal consumption expenditure index, which is the Fed&#8217;s favorite inflation gauge.
The iShares TIPS Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIP#NYSE">TIP</a>), an ETF tracking the investment results of an index composed of inflation-protected U.S. Treasury bonds, ended Wednesday's session down 0.38% at $110.41, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40955933/brace-for-stagflation-after-feds-benevolence-warns-analyst-raising-5-corporate-red-">Brace For Stagflation After Fed&#8217;s Benevolence, Warns Analyst, Raising 5 Corporate Red Flags: &#8216;Inflation Is Transitory Mistake All Over Again&#8217;</a></li>
</ul>
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Economics

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Analyst Ratings

Analyst Counters Pete Buttigieg's Assertion That Inflation Went Down After Biden's IRA 2022: 'They Are Still Rising And You Don't Seem To Care..At All'

EV giant Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has started sending select shareholders invites to its <a href="https://www.benzinga.com/news/24/09/40808924/tesla-robotaxi-event-to-be-held-in-los-angeles-on-1010-says-senior-company-exec-existing-shareholder">robotaxi unveiling event</a> to be held on Oct. 10 in Los Angeles, company Investor Relations chief Travis Axelrod said on Wednesday.
What Happened: Earlier this month, Tesla <a href="https://www.benzinga.com/news/24/09/40808924/tesla-robotaxi-event-to-be-held-in-los-angeles-on-1010-says-senior-company-exec-existing-shareholder">announced a random draw event </a>for shareholders to win a chance to attend the event slated for October in person. Invites have started going out to the selected few, Axelrod said on Tuesday.
&#8220;Check your inboxes &#8211; invites have begun to go out to those who were randomly selected in our drawing. Congrats to the winners, hope you can make it!&#8221; Axelrod wrote on social media platform X, without confirming the venue where the event would be held.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Check your inboxes &#8211; invites have begun to go out to those who were randomly selected in our drawing. Congrats to the winners, hope you can make it! &#x1f60a; <a href="https://t.co/zt4riDg2ZS">https://t.co/zt4riDg2ZS</a>
&mdash; Travis Axelrod (@travisraxelrod) <a href="https://twitter.com/travisraxelrod/status/1839054521336844779?ref_src=twsrc%5Etfw">September 25, 2024</a></blockquote>
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Tesla also took to its official X account to share a poster of the event titled &#8216;We, Robot.&#8217;
&#8220;This will be one for the history books,&#8221; Tesla CEO Elon Musk wrote while also sharing the poster. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This will be one for the history books <a href="https://t.co/qQ0HZyGMZE">pic.twitter.com/qQ0HZyGMZE</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1839124331709751451?ref_src=twsrc%5Etfw">September 26, 2024</a></blockquote>
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Why It Matters:&nbsp;The robotaxi unveiling event was initially slated for Aug. 8. The company delayed it to Oct. 10 to make a few important changes aimed at improving the robotaxi and to give itself time to prepare a &#8220;couple of other things&#8221; to showcase at the event, company CEO&nbsp;Elon Musk&nbsp;said in July.
Musk is currently looking to convert Tesla from an EV manufacturer to an AI and robotics company with an increased focus on developing autonomous driving technology and humanoid robots.
While the robotaxi unveiling event is slated for October, it is "difficult" to say when the&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40457848/elon-musk-agrees-with-ark-invest-analyst-on-biggest-challenge-of-ride-hailing-opera" target="_blank" rel="noreferrer noopener">first unsupervised Tesla robotaxi ride&nbsp;</a>would be, Musk said during Tesla&#8217;s second-quarter earnings call in July. However, the CEO, known for ambitious timelines, hinted at the possibility of it happening by the end of 2024.
"It's difficult, obviously, my predictions on this have been overly optimistic in the past," Musk said. "…based on the current trend… you could do [it] unsupervised possibly by the end of this year. I would be shocked if we cannot do it next year."
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41039631/tesla-begins-cybertruck-deliveries-in-mexico-before-canada-first-country-to-get-the-stainless-steel">Tesla Begins Cybertruck Deliveries In Mexico Before Canada: First Country To Get The Stainless Steel Truck Outside US</a></li>
</ul>
Photo courtesy: Tesla

Tech

TSLA

Tesla Sends Out Invites For Robotaxi Event: Here's Everything You Need To Know

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has unveiled a new AI-powered translation tool to redefine the way users interact with Instagram and Facebook Reels.
What Happened: Zuckerberg unveiled the tool at the annual <a href="https://www.benzinga.com/news/24/09/41032461/meta-unveils-new-ai-features-quest-3s-llama-3-2-holographic-orion-glasses-at-connect-2024-we-are-get">Meta Connect event</a>. It uses AI to dub Reels into different languages, complete with automatic lip synchronization.
Zuckerberg demonstrated the technology during the keynote, and it appeared to function seamlessly. The tool not only translated the content but also simulated the speaker&#8217;s&nbsp;voice in another language and&nbsp;synced their lips to match.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/41016829/possible-but-not-probable-steve-jobs-witty-transportation-answer-in-1973-resume-earns-him-online-acc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8221;Possible, But Not Probable&#8217;: Steve Jobs&#8217; Witty Transportation Answer In 1973 Resume Earns Him Online Accolades — Bill Gates $15k Salary No Less Impressive In The Same Era</a>
While Meta has not provided a specific timeline for the rollout of this feature, it has been revealed that the tool will initially be available for &#8220;some creators&#8217; videos&#8221; in English and Spanish in the U.S. and Latin America.
The tech giant has also indicated that the feature will be expanded to include more languages soon.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Mark Zuckerberg <a href="https://twitter.com/search?q=%24META&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$META</a> just said Instagram Reels will now start automatically dubbing content <a href="https://t.co/DeP85d0yQ1">pic.twitter.com/DeP85d0yQ1</a>
&mdash; Evan (@StockMKTNewz) <a href="https://twitter.com/StockMKTNewz/status/1838998703727620578?ref_src=twsrc%5Etfw">September 25, 2024</a></blockquote>
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YouTube also said that it is working on an <a href="https://benzinga.com/news/23/06/32979839/lost-in-translation-youtubes-new-ai-dubbing-service-will-have-you-speaking-every-language-like-a-pro">auto-dubbing feature</a> that translates videos into multiple languages. The feature was available to &#8220;a small group of creators&#8221; but now the platform plans to expand the boundaries.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This development is part of Meta&#8217;s ongoing efforts to integrate AI into its platforms.
At the&nbsp;Meta Connect 2024 event, Zuckerberg also highlighted the <a href="https://www.benzinga.com/news/24/09/41033837/why-meta-shares-are-trading-higher-today">company&#8217;s focus on AI</a>, mixed reality, and glasses, stating that the future of computing and human connection is &#8220;pretty awesome.&#8221;
The company also unveiled Orion holographic glasses at the Connect event, a wearable technology that allows users to open browsers, respond to messages, and more.
Nvidia Corp. CEO Jensen Huang also made an <a href="https://www.benzinga.com/news/24/09/41034882/billionaire-tech-ceo-makes-cameo-in-zuckerbergs-meta-connect-show">unexpected appearance</a> in a video previewing the Orion glasses.
The Orion glasses, which Zuckerberg has envisioned for a decade, are a significant step towards achieving Meta&#8217;s dream of Reality Labs.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40968413/elon-musk-reacts-after-cathie-wood-labels-gavin-newsoms-threat-to-sue-tesla-ceo-over-memes-unconstit?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Cathie Wood Labels Gavin Newsom&#8217;s Threat To Sue Tesla CEO Over Memes &#8216;Unconstitutional&#8217;: &#8216;…But That Didn&#8217;t Stop Them&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Meta

Social Media

From Lip-Syncing To Dubbing — Mark Zuckerberg-Led Meta's New AI Translation Tool For Instagram And Facebook Reels Makes It Easier For Creators To Maximize Reach

CarMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) will release earnings results for its second quarter, before the <a href="https://www.benzinga.com/quote/KMX/earnings">opening bell on Thursday, Sept. 26</a>.
Analysts expect the Richmond, Virginia-based company to report quarterly earnings at 86 cents per share, up from 75 cents per share in the year-ago period. CarMax is projected to post quarterly revenue of $6.79 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 21, the company reported a first-quarter FY25 total net sales and operating revenues decline of 7.5% year-on-year to $7.11 billion, missing the analyst consensus estimate of $7.245 billion..
CarMax shares fell 2.6% to close at $74.49 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59493ca670ed7a0001097213/scot-ciccarelli">Truist Securities analyst Scot Ciccarelli</a> maintained a Hold rating and raised the price target from $70 to $75 on Sept. 23. This analyst has an accuracy rate of 71%.</li>
<li>JP Morgan analyst Rajat Gupta maintained an Underweight rating and raised the price target from $55 to $65 on Sept. 19. This analyst has an accuracy rate of 75%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee57ee7bf6000154d134/seth-basham">Wedbush analyst Seth Basham</a> reiterated an Outperform rating with a price target of $95 on Sept. 17. This analyst has an accuracy rate of 75%.</li>
<li>RBC Capital analyst Steven Shemesh maintained an Outperform rating and raised the price target from $73 to $75 on June 24. This analyst has an accuracy rate of 62%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ac4af2b85e930001e6383b/brian-nagel">Oppenheimer analyst Brian Nagel </a>maintained an Outperform rating with a price target of $105 on June 24. This analyst has an accuracy rate of 72%.</li>
</ul>
Considering buying KMX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="511" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26032141/image-206-1024x511.png" alt="" class="wp-image-567038" style="width:515px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26032141/image-206-1024x511.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26032141/image-206-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26032141/image-206-768x383.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26032141/image-206.png 1323w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/news/24/09/41024505/top-5-industrials-stocks-that-may-collapse-in-q3">Top 5 Industrials Stocks That May Collapse In Q3</a></li>
</ul>

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CarMax Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Former President Donald Trump slammed Ukrainian President Volodymyr Zelenskyy after the latter canceled a scheduled meeting. Trump accused Zelenskyy of refusing to negotiate peace and wasting U.S. funds.
What Happened: Trump expressed frustration during a speech in Mint Hill, North Carolina, saying, &#8220;We continue to give billions of dollars to a man who refuses to make a deal.&#8221;
Trump accused Zelenskyy of insulting him, claiming the Ukrainian president was &#8220;making nasty little dispersions toward&#8221; him. He also emphasized that he got along &#8220;very well&#8221; with Russian President Vladimir Putin.
The meeting was supposed to occur at Trump Tower on Thursday, but a campaign official confirmed it was called off, CNBC <a href="https://www.cnbc.com/2024/09/25/zelenskyy-insulted-him-house-gop-to-probe-ukraine-leaders-pa-trip-.html">reported</a> on Thursday.
In a recent New Yorker interview, Zelenskyy criticized Trump's running mate, Sen. JD Vance (R-Ohio), labeling him &#8220;too radical.&#8221; This comment reportedly influenced the decision to cancel the meeting.
House Oversight Chair James Comer announced an investigation into Zelenskyy&#8217;s visit to an ammunition factory in Pennsylvania, alleging it was politically motivated to support Vice President Kamala Harris&#8216; presidential campaign.
During his U.S. visit, Zelenskyy attended the UN General Assembly in New York and met with President Joe Biden and Harris. He also visited the Scranton factory, which manufactures crucial artillery shells for Ukraine&#8217;s war efforts.
See Also: <a href="https://www.benzinga.com/news/24/09/40973164/nba-star-shaquille-oneal-threw-tim-walz-out-from-his-big-chicken-restaurant-and-said-dont-come-back?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">NBA Star Shaquille O&#8217;Neal Threw Tim Walz Out From His Big Chicken Restaurant And Said, &#8216;Don&#8217;t Come Back&#8217;</a>
Why It Matters: This incident adds another layer to the complex relationship between Trump and Zelenskyy. Recently, Trump claimed that <a href="https://www.benzinga.com/news/24/09/40998738/trump-says-ukrainian-president-backs-kamala-harris-for-white-house-zelenskyy-is-the-greatest-salesma">Zelenskyy supports the Democrats </a>in the upcoming 2024 U.S. election, stating that the Ukrainian leader is &#8220;the greatest salesman in history.&#8221; Trump's allies, however, argue that Ukraine would prefer Trump's return, believing he can negotiate peace with Russian President Vladimir Putin.
Meanwhile, Zelenskyy has been vocal about the need for Western nations to take <a href="https://www.benzinga.com/news/24/09/41019024/ukraines-zelenskyy-urges-west-for-forcing-russia-to-peace-while-kremlin-slams-un-for-turning-a-blind">decisive action against Russia</a>. During a recent address at the United Nations Security Council, he emphasized that the conflict with Russia cannot be resolved through dialogue alone and urged for more forceful measures.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments.&nbsp;<a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Politics

Global

General

Trump Accuses Zelenskyy Of Making 'Nasty Little Dispersions' After Canceled Meeting: 'We Continue To Give Billions Of Dollars To A Man Who Refuses To Make A Deal'

Palantir Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares have been on a tear, thanks to the excitement ahead of the <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40960886/palantir-dell-to-join-s-p-500-friday-heres-how-tesla-stock-has-performed-since-its-add">company&#8217;s S&amp;P 500 inclusion </a>and the broader market strength. An analyst at Wedbush thinks the stock has further room to run.
The Palantir Analyst: In a note published late Wednesday, analyst Daniel Ives maintained an Outperform rating and lifted the price target for the stock from $38 to $45. The analyst said the upward adjustment accounted for the firm&#8217;s increasing confidence in the enterprise-driven AIP Strategy.
The Palantir Thesis: Wedbush&#8217;s checks indicated that more enterprises are strategically discussing the potential deployment of Palantir&#8217;s proprietary artificial intelligence platform &#8211; the AIP, in 2025, said Ives. &#8220;With AI spending expected to ramp significantly within IT budgets in 2025, we believe the Messi of AI &#8211; Palantir is in a prime spot to continue expanding its pipeline/deal flow,&#8221; the analyst said.
Palantir, according to the analyst, has been expanding use cases for its marquee products that have helped expand its partner ecosystem, with rapidly rising demand across the landscape for enterprise-scale and enterprise-ready generative AI. He sees this as a major growth driver for the U.S. commercial business over the next 12 to 18 months. 
See Also: <a href="https://www.benzinga.com/money/best-artificial-intelligence-stocks">Best AI Stocks</a>
New and existing customers across the commercial and federal government <a href="https://www.benzinga.com/markets/equities/24/09/41023892/palantir-and-apa-amp-up-ai-alliance-multi-million-dollar-deal-to-transform-oil-gas-operations">continue to sign up for Palantir&#8217;s tech stack, </a>Ives said, citing his channel checks. The key for the Alex Karp-led company is boot camp deal conversions, he said, adding that the boot camp strategy has helped the company to fast-track multi-year, multi-million-dollar contracts
From the customer&#8217;s point of view, the analyst said Palantir&#8217;s Foundry and AIP serve as strategic differentiators for enterprises in improving operations at scale. These help address the large concerns of enterprises, he added.
&#8220;In a nutshell, PLTR is firing on all cylinders around AIP and we believe this is a paradigm (and valuation) changer for the Messi of AI heading into 2025,&#8221; Ives said.
Palantir Stock: Palantir ended Wednesday&#8217;s session up 0.60% at $37.12, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data.</a> The stock has gained over 116% so far this year.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40892076/palantir-key-enabler-of-clients-businesses-says-bullish-analyst-as-ceo-alex-karp-to">Palantir &#8216;Key Enabler&#8217; Of Clients&#8217; Businesses, Says Bullish Analyst, As CEO Alex Karp Touts 10-Fold Growth From Current Levels</a></li>
</ul>
Photo by Iljanaresvara Studio on Shutterstock

Analyst Color

Equities

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PLTR

Palantir Bull Says AI Platform Will Be Valuation Changer Heading Into 2025, Calls For Incremental 20% Upside For Stock

TD SYNNEX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) will release earnings results for its third quarter, before the <a href="https://www.benzinga.com/quote/SNX/earnings">opening bell on Thursday, Sept. 26.</a>
Analysts expect the Fremont, California-based company to report quarterly earnings at $2.80 per share, up from $2.78 per share in the year-ago period. TD SYNNEX projects to report revenue of $14.11 billion for the quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 12, TD SYNNEX announced an agreement to acquire IPsense Cloud Migration business in Brazil to create a new cloud competence center for its resellers.
TD SYNNEX shares fell 1.3% to close at $117.29 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59e5ec72efacff0001d73ba9/vincent-colicchio">Barrington Research analyst Vincent Colicchio</a> maintained an Outperform rating with a price target of $138 on Sept. 23. This analyst has an accuracy rate of 63%.</li>
<li>RBC Capital analyst Ashish Sabadra upgraded the stock from Sector Perform to Outperform rating and boosted the price target from $135 to $140 on July 15. This analyst has an accuracy rate of 74%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/60644e9560c58c0001cd5c0a/david-vogt">UBS analyst David Vogt</a> maintained a Buy rating and raised the price target from $145 to $150 on June 26. This analyst has an accuracy rate of 74%.</li>
<li>JP Morgan analyst Joseph Cardoso maintained a Neutral rating and cut the price target from $126 to $123 on June 26. This analyst has an accuracy rate of 64%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586e4055351b9b00018beea7/tim-long">Barclays analyst Tim Long</a> maintained an Equal-Weight rating and raised the price target from $111 to $118 on March 27. This analyst has an accuracy rate of 74%.</li>
</ul>
Considering buying SNX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="517" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26025814/image-205-1024x517.png" alt="" class="wp-image-566984" style="width:618px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26025814/image-205-1024x517.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26025814/image-205-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26025814/image-205-768x388.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26025814/image-205.png 1321w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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TD SYNNEX Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

In a fascinating twist that seems to blur the <a href="https://www.benzinga.com/news/24/09/41038801/spac-king-chamath-palihapitiya-forecasts-how-ai-will-transform-healthcare-sector-its-not-all-roses-b">line between science fiction and reality</a>, tech entrepreneur Chamath Palihapitiya recently shared his vision of artificial intelligence-powered law enforcement on the Joe Rogan Experience podcast. His ideas eerily echo the premise of the 1987 cult classic film &#8220;RoboCop,&#8221; but with a distinctly 21st-century spin.
What Happened: Palihapitiya, a former Facebook executive and current CEO of Social Capital, is no stranger to bold predictions about technology&#8217;s impact on society. 
Known for his shrewd investments in companies like Slack and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), he&#8217;s become a prominent voice in Silicon Valley&#8217;s futurist circles. On Rogan&#8217;s podcast, he painted a picture of law enforcement that could have been ripped from the pages of a sci-fi novel.
&#8220;Imagine if you had a bunch of Optimus, like Tesla&#8217;s robot, and they were the beat cops. They were the highway patrol,&#8221; Palihapitiya proposed. 
This reference to Optimus, Tesla Inc.&#8216;s humanoid robot project, isn&#8217;t coincidental. Tesla&#8217;s CEO, Elon Musk, has been a frequent guest on Rogan&#8217;s podcast, their conversations often venturing into territory that seems more science fiction than science fact.
Musk unveiled the <a href="https://www.benzinga.com/news/24/07/39880470/elon-musk-pushes-back-optimus-timeline-says-teslas-humanoid-robot-will-hopefully-be-available-for-ot">Optimus prototype in 2022</a>, touting it as a general-purpose humanoid robot capable of performing a wide range of tasks. While its current capabilities are limited, Musk&#8217;s vision for Optimus is ambitious, potentially revolutionizing labor across various industries. Palihapitiya&#8217;s suggestion takes this concept a step further, envisioning these robots in law enforcement roles.
&#8220;Now those robots would be controlled remotely, right? So the people that are remote now can be a very different archetype,&#8221; Palihapitiya explained. 
Why It Matters: This concept diverges from &#8220;RoboCop&#8217;s&#8221; cyborg officer, instead proposing fully robotic bodies controlled by human operators. &#8220;Instead of the physical requirements of policing, you now add this other layer, which is the psychological elements and the judgment,&#8221; he added.
The idea isn&#8217;t without merit. In an era where police reform is a hot-button issue, the concept of removing human officers from potentially dangerous situations could <a href="https://www.benzinga.com/news/23/09/34502816/247-security-zero-human-bias-the-era-of-robot-security-guards-is-in-full-swing">reduce risks of escalation and harm</a>. 
&#8220;Well first you don&#8217;t put humans in the way, I suspect then the reaction of those robots could be markedly different,&#8221; Palihapitiya noted.
However, unlike the RoboCop of Paul Verhoeven&#8216;s dystopian Detroit, Palihapitiya acknowledges the limitations of AI in complex decision-making. &#8220;It&#8217;ll take a long time for computers to be able to replace us to do that,&#8221; he said, referring to the nuanced judgments often required in law enforcement situations.
Rogan&#8217;s <a href="https://www.benzinga.com/news/24/05/38978082/joe-rogan-says-elon-musk-is-his-favorite-billionaire-i-will-buy-teslas-as-long-as-they-sell-them-jus">relationship with Musk</a>, marked by controversial podcast episodes featuring open discussions on AI, space exploration, and futurism, has often brought cutting-edge tech concepts to mainstream attention.
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Image made via photos on Flickr and Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

$BTC

Tesla RoboCops? Chamath Palihapitiya On Joe Rogan's Podcast Envisions AI-Powered Law Enforcement

Reported Earlier, DDC Enterprise Announced The Launch Of Yai's Thai's New Series Of BBQ And Hot Sauces, Now Available At Sprouts Farmers Market

Oportun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRT#NASDAQ">OPRT</a>), a mission-driven financial services company, today announced that it has signed a definitive agreement to sell its credit card portfolio to Continental Finance. This transaction reflects a key milestone towards Oportun's initiative to enhance profitability in 2024 and beyond by simplifying the business and driving performance in its three core products: unsecured personal loans, secured personal loans, and its award-winning Set &amp; Save&#x2122; savings product.
The closing date is now anticipated to be on or around November 10, 2024, rather than by the end of the third quarter as indicated on the August 8th second quarter earnings call. Due to the revised closing date, the sale is expected to be accretive by approximately $2 million to Adjusted EBITDA in 2024 as compared to the $4 million previously indicated. Oportun continues to expect that the transaction will result in Adjusted EBITDA favorability of approximately $11 million in 2025.

Asset Sales

OPRT

Reported Earlier, Oportun Eyes $11M EBITDA Boost From Credit Card Portfolio Sale  to Continental Finance In 2025

MERC

Reported Earlier, Mercer International Announced That Its Peace River Mill Has Taken Downtime To Complete Necessary Repairs To The Mill's Digester After Experiencing A Mechanical Failure

Dividends

Reported Earlier, McDonald's Board Of Directors Raised A Quarterly Cash Dividend To $1.77, An Increase Of 6% Over The Previous Quarterly Dividend

CHCO

Reported Earlier, City Holding Company Raised A Dividend Per Share To 79 Cents From The 71.5 Cents, Payable On October 31, 2024 To Shareholders Of Record As Of October 15, 2024

FG Acquisition Corp. (TSX:<a class="ticker" href="https://www.benzinga.com/stock/FGAA#TSX">FGAA</a>)&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/FGAA#TSX">FGAA</a>) ("FGAC" or the "Corporation"), a special purpose acquisition company, is pleased to announce the successful completion of the previously announced acquisition (the "MDI Acquisition") of Strong/MDI Screen Systems, Inc. ("MDI") by FGAC, pursuant to an acquisition agreement (the "Acquisition Agreement") dated May 3, 2024 between FGAC, Strong Global Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGE#NYSE">SGE</a>) ("Strong Global"), MDI, FGAC Investors LLC (the "FG Sponsor") and CG Investments VII Inc (the "CG Sponsor" and together with FGAC Investors LLC, the "Sponsors"). The MDI Acquisition, together with the launch of FGAC's new investment platform, constitute FGAC's qualifying acquisition.
The Corporation is also pleased to announce it has completed an offering of 433,559 common shares (the "Common Shares") at a price of $10.00 per Common Share, for gross proceeds of approximately $4.3 million on a private placement basis (the "Private Placement").&nbsp; The net proceeds from the Private Placement will be used to satisfy a portion of the purchase price in respect of the MDI Acquisition, to fund the Company's growth initiatives, for working capital and for general corporate purposes.

Offerings

TSX:FGAA

Reported Earlier, FG Acquisition Completes $4.3M Private Placement Following Strong/MDI Acquisition

Reported Earlier, Walker & Dunlop Announced That It Has Financed $137.29M For Luka On The Common, A 398-unit, 30-story Trophy Asset Located In The Heart Of Downtown Boston

BIOA

Reported Earlier, BioAge Labs Announced The Pricing Of Its Upsized Initial Public Offering Of 11m Shares Of Its Common Stock At A Public Offering Price Of $18.00 Per Share

Guardian Pharmacy Services, Inc. ("Guardian") today announced the pricing of its upsized initial public offering of 8,000,000 shares of Class A common stock at a public offering price of $14.00 per share. In addition, Guardian has granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of Class A common stock at the public offering price, less the underwriting discount.
The shares are expected to begin trading on the New York Stock Exchange ("NYSE") on September 26, 2024, under the symbol "GRDN." The offering is expected to close on September 27, 2024, subject to customary closing conditions.

IPOs

GRDN

Reported Earlier, Guardian Pharmacy Services Raised $112M Via Initial Stock Offering Of 8M Shares At $14/Share, To Begin Trading Today

LUCY

Reported Earlier, Innovative Eyewear Announced That Its Board Of Directors Has Approved The Adoption Of A Limited Duration Stockholder Rights Plan And Declared A Dividend Distribution Of One Right For Each Outstanding Share Of Common Stock

LINC

Reported Earlier,  Lincoln Educational Services Announced The Introduction Of Air Conditioning, Refrigeration And Heating Systems Technology And Electrical And Electronic Systems Technology Career Training Programs At Its Moorestown Campus

Reported Earlier, KKR And The Skip Essential Infrastructure Fund Announced The Signing Of Definitive Agreements Under Which A Consortium Of The Companies Will Acquire A 74.25% Stake In Queensland Airports Limited At An Undisclosed Amount

Achiko

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