Latest News for Achiko Stock (OTC:ACHKF)

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

Earnings

News

GE Consolidated Q1 Adj. Total Revenue $15.2B, Up 10%; GE Aerospace Q1 Adjusted Revenue $8.1B, Up 15%

Deepwater Asset Management managing partner Gene Munster is astonished at the widespread use of artificial intelligence among high school students <a href="https://www.benzinga.com/news/23/11/35820744/google-now-has-ai-specifically-for-teens-with-guardrails-to-keep-it-safe">for cheating</a> but had his take on the issue that fetched a nod from Tesla and SpaceX CEO Elon Musk.
What Happened: On Monday, Munster&nbsp;took to X, formerly Twitter,&nbsp;and noted that while cheating has always been around, the rate of efficiency of it &#8220;exponentially increasing with generative AI.&#8221;
He then shared his insights after talking to one high school student and it included the usage of AI in writing papers which Munster deemed &#8220;out of control,&#8221; lack of concerns surrounding AI hallucinations, reduced time spent on homework, students finding workarounds to use platforms like ChatGPT and different perception toward what can be called cheating. 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/04/38351566/mark-zuckerberg-didnt-sell-facebook-for-1b-but-would-he-have-sold-for-5t-this-was-meta-ceos-thought?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Didn&#8217;t Sell Facebook For $1B But Would He Have Sold For $5T? This Was Meta CEO&#8217;s Thought Process</a>
Munster also acknowledged that high-school students know third-party tools that can make the AI-generated language undetectable.
However, despite this, Munster believes that <a href="https://www.benzinga.com/news/23/11/35820744/google-now-has-ai-specifically-for-teens-with-guardrails-to-keep-it-safe">students using these tools</a> are on the right track. He argues that embracing AI is essential for future job market success, not just for information workers but also for skilled labor.
&#8220;Initially I was shocked at hearing how widespread generative AI is being used in school. After reflecting on it, I landed on the view that the students using these tools are on the right track,&#8221; he said. 
Adding, &#8220;You have to embrace these tools to have a seat in the job market down the road. And it won&#8217;t be just information workers, skilled labor will undoubtedly need to leverage AI to stay relevant.&#8221;
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.
Tesla and SpaceX CEO Musk agreed with Munster&#8217;s post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4af;
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1782649950360186907?ref_src=twsrc%5Etfw">April 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The use of AI in education has been a topic of concern and debate. A&nbsp;survey&nbsp;conducted in 2023 found that <a href="https://www.benzinga.com/pressreleases/23/07/n33393806/back-to-school-survey-44-of-teens-likely-to-use-ai-to-do-their-schoolwork-for-them-this-school-yea">44% of teens were likely to use AI</a> to do their schoolwork, with 60% considering it cheating. This raised ethical concerns and the potential for a lack of learning in subjects where AI was used.
Later in the same year, it was found that OpenAI&#8217;s AI-powered chatbot, ChatGPT&#8217;s usage witnessed an <a href="https://www.benzinga.com/news/23/09/34750438/chatgpt-sees-major-uptick-as-schools-resume-homework-help-or-cheating-aid">increase after schools resumed</a>. At the time, it was reported that there was a significant decline in usage over the summer and it was possibly because many students found ChatGPT particularly useful for research on homework assignments. 
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:&nbsp;<a href="https://www.benzinga.com/news/24/04/38288858/elon-musk-says-bring-it-on-after-russian-space-chief-touts-amur-rocket-says-it-can-be-reused-up-to-5?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says &#8216;Bring It On&#8217; After Russian Space Chief Touts Amur Rocket, Says It Can Be Reused Up To 5X More Than SpaceX&#8217;s Falcon 9</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Analyst Color

Tech

AAPL

GOOGL

High School Students 'On Right Track' With AI Tools Despite Cheating Epidemic, Says Munster; Elon Musk Agrees

HC Wainwright &amp; Co. analyst Joseph Pantginis maintains Astria Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXS#NASDAQ">ATXS</a>) with a Buy and lowers the price target from $18 to $16.

Price Target

Analyst Ratings

ATXS

HC Wainwright & Co. Maintains Buy on Astria Therapeutics, Lowers Price Target to $16

Bonds

Markets

Chinese Regulators Inspect Cross-Border Mechanism For Investment In Debt-Laden Local Governments' Offshore Bonds To Contain Financial Risks

On Monday, April 22nd, the U.S. stock markets closed higher, with the S&amp;P 500 and Nasdaq rebounding after six days of losses. The markets recovered from a recent sell-off as investors looked forward to key quarterly earnings reports, expected to provide insights into the condition of the U.S. economy.
According to economic data, the Chicago Fed National Activity Index rose to +0.15 in March, up from a revised +0.09 the previous month and exceeding market expectations of +0.09.
All 11 S&amp;P 500 sectors finished in green, with technology and financial stocks leading the gains.
The Dow Jones Industrial Average gained 0.67% to close at 38,239.98. The S&amp;P 500 rose 0.87%, ending the day at 5,010.60, while the Nasdaq Composite climbed 1.11%, finishing the session at 15,451.30.
Asian Markets Today
<ul>
<li>On Tuesday, Japan&#8217;s Nikkei 225 index ended the trading day higher by 0.28% at 37,563.00, led by gains in the Mining, Chemical, Petroleum &amp; Plastic and Warehousing sectors.</li>
<li>In Australia, the S&amp;P/ASX 200 gained 0.45% to finish at 7,683.50, led by gains in the IT, healthcare, and&nbsp;financials&nbsp;sectors.</li>
<li>India&#8217;s Nifty 50 closed higher by 0.14% at 22,368.00, and the Nifty 500 rose 0.38%, closing at 20,652.65.</li>
<li>China&#8217;s Shanghai Composite slid 0.74% to end the session at 3,021.98, and the Shenzhen CSI 300 fell 0.70%, closing at 3,506.22.</li>
<li>Hong Kong&#8217;s Hang Seng Index gained 1.92%, concluding the day at 16,828.93.</li>
</ul>
Eurozone at 06:00 AM ET
<ul>
<li>The European STOXX 50 index was up 0.80%.</li>
<li>Germany&#8217;s DAX gained 0.82%.</li>
<li>France&#8217;s CAC increased 0.36%.</li>
<li>U.K.&#8217;s FTSE 100 traded higher by 0.31%.</li>
</ul>
Commodities at 06:00 AM ET
<ul>
<li>Crude Oil WTI was trading higher by 0.04% at $81.94/bbl, and Brent was up 0.09% at $87.08 bbl.</li>
<li>Natural Gas gained 0.68% to $2.079.</li>
<li>Gold was trading lower by 1.56% at $2,309.90, Silver declined 1.85% to $26.740, while Copper was down 1.63% at $4.4023.</li>
<li>Gold prices declined in Asian trading on Tuesday, continuing profit-taking due to reduced geopolitical concerns in the Middle East and less safe-haven demand, compounded by a stronger dollar and the potential for sustained high U.S. interest rates.</li>
</ul>
US Futures at 06:00 AM ET&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Dow futures were up 0.02%, S&amp;P 500 futures rose 0.07%, and Nasdaq 100 Futures climbed 0.14%.
Forex at 06:00 AM ET
The U.S. Dollar Index rose 0.03% to 106.11, USD/JPY was down 0.01% to 154.82, and USD/AUD gained 0.02% to 1.5510.
Photo by Pavel Bobrovskiy via Shutterstock

Asia

Emerging Markets

Eurozone

Futures

Commodities

Forex

ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Asia Ex-China and Europe Markets Gain, Gold Retreats To $2,310 Amid Diminished Geopolitical Tensions - Global Markets Today While US Slept

WIIM

Danaher shares are trading higher following better-than-expected Q1 financial results.

Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.80 by 5 percent. This is a 12.5 percent decrease over earnings of $0.96 per share from the same period last year. The company reported quarterly sales of $113.161 million which beat the analyst consensus estimate of $109.737 million by 3.12 percent. This is a 19.72 percent increase over sales of $94.518 million the same period last year.

Earnings Beats

PEBO

Peoples Bancorp Q1 2024 GAAP EPS $0.84 Beats $0.80 Estimate, Sales $113.161M Beat $109.737M Estimate

Almost everyone has spare change jangling in their pockets or lying forgotten in drawers and so did I. After years of burgeoning wallets and coins tucked away in drawers, I decided to start a Penny Jar. What if you too could turn that overlooked nuisance into a powerhouse of benefits? Starting a penny jar might seem like child&#8217;s play, but it&#8217;s an underrated practice that can teach anyone young or old about savings and wealth building.
1. Boosting Financial Awareness
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060904/image-161-1024x585.png" alt="" class="wp-image-303941" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060904/image-161-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060904/image-161-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060904/image-161-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060904/image-161-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060904/image-161.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Collecting pennies might feel trivial, but it&#8217;s a simple act that can significantly heighten your financial awareness. Watching your jar slowly fill up makes you more conscious of your spending and saving habits. It&#8217;s a visual and tangible form of money management that can teach valuable lessons about budgeting and financial planning.
2. Emergency Rainy-Day Fund
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060916/image-162-1024x585.png" alt="" class="wp-image-303942" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060916/image-162-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060916/image-162-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060916/image-162-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060916/image-162-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060916/image-162.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Ever find yourself scrambling for a few dollars for unexpected expenses like parking or a tip? A penny jar can become a handy emergency fund for these small, yet urgent, expenditures. Over time, those pennies add up, and it&#8217;s always a relief to have a little extra cash on hand when you need it most.
3. Reducing Clutter
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060926/image-163-1024x585.png" alt="" class="wp-image-303945" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060926/image-163-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060926/image-163-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060926/image-163-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060926/image-163-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060926/image-163.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Instead of letting loose change clutter your home or weigh down your purse, consolidate it in a penny jar. This not only tidies up your space but also helps you reclaim those forgotten coins that otherwise might have been lost or thrown away.
4. Teaching Tool for Kids
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060944/image-164-1024x585.png" alt="" class="wp-image-303947" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060944/image-164-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060944/image-164-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060944/image-164-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060944/image-164-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060944/image-164.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
A penny jar is a fantastic way to teach children about money. It&#8217;s a hands-on educational tool that can help kids understand the value of saving. Plus, it&#8217;s exciting for them to see their money grow over time, which can encourage a lifelong habit of saving.
5. Unexpectedly Fun Hobby
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060949/image-165-1024x585.png" alt="" class="wp-image-303948" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060949/image-165-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060949/image-165-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060949/image-165-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060949/image-165-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23060949/image-165.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Who knew saving pennies could be a hobby? For some, the thrill of finding and adding new coins to their collection can be genuinely enjoyable. It&#8217;s a quest to see how much you can save and how full you can get your jar. Plus, it&#8217;s always a pleasant surprise to count up the total and see how all those little contributions have added up.
Read Next: <a href="https://www.benzinga.com/general/entertainment/24/04/38351303/i-have-been-to-thailand-over-a-dozen-times-and-picked-up-these-5-recipes-that-i-can-make-in">I Have Been To Thailand Over A Dozen Times And Picked Up These 5 Recipes That I Can Make In My Own Kitchen</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Personal Finance

General

5 Things A Penny Jar Taught Me About Savings And Wealth Building And Why You Should Give It A Try As Well

HC Wainwright &amp; Co. analyst Mitchell Kapoor reiterates Legend Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEGN#NASDAQ">LEGN</a>) with a Buy and maintains $87 price target.

Reiteration

LEGN

HC Wainwright & Co. Reiterates Buy on Legend Biotech, Maintains $87 Price Target

Calix Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CALX#NYSE">CALX</a>) reported a first-quarter FY24 sales decline of 9.5% year-on-year to $226.31 million, <a href="https://www.benzinga.com/pressreleases/24/04/b38364794/calix-releases-first-quarter-2024-financial-results" target="_blank" rel="noreferrer noopener">missing the analyst consensus estimate of $228.139 million</a>.
Gross margin for the quarter expanded 300 basis points to 54.2% and the gross profit dropped 4.3% to $122.6 million.
Total operating expenses increased 5.5% to $124.6 million. Operating loss totaled $(2) million compared to an operating income of $9.9 million.
Adjusted EPS of $0.21&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">beat the consensus estimate of $0.20.</a>
Calix&nbsp;held $239.5 million in cash and equivalents as of March 30, 2024. Operating cash flow for the quarter totaled $14.7 million.
Outlook:&nbsp;Calix&nbsp;sees second-quarter revenue of $197 million &#8211; $203 million (consensus $232.76 million) and gross margin of 53.55% &#8211; 55.55%.
Calix&nbsp;expects second-quarter adjusted EPS of&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$0.03 &#8211; $0.09 versus an estimate of $0.24.</a>
Price Action: CALX shares traded lower by 18.44% at $24.11 premarket Tuesday.
Photo via Shutterstock

Equities

Guidance

Movers

CALX

Why Is Telecommunications Company Calix Stock Taking A Hit Today?

The9 Limited ("The9") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>), an established Internet company, today announced that it received a notification letter from the Nasdaq Listing Qualifications department of the Nasdaq Stock Market dated April&nbsp;22, 2024 stating that The9 has regained compliance with the Nasdaq Listing Rule&nbsp;5550(b)&nbsp;which requires The9 to maintain either a minimum $2.5 million stockholders' equity, or $35 million market value of listed securities, or $500,000 of net income from continuing operations for The Nasdaq Capital Market.

NCTY

The9 Limited Regains Compliance With The Nasdaq Listing Rule 5550(b) For Minimum Shareholders Equity Maintenance

Evercore ISI Group analyst Sean Morgan downgrades SunPower (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>) from Outperform to In-Line and maintains the price target from $6 to $6.

Downgrades

SPWR

Evercore ISI Group Downgrades SunPower to In-Line, Maintains Price Target to $6

SNPS

Synopsys shares are trading lower in sympathy with Cadence Design Systems, which reported Q1 financial results.

CDNS

Cadence Design System shares are trading lower after the company issued Q2 adjusted EPS and sales guidance below estimates.

Evercore ISI Group analyst Sean Morgan assumes First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Outperform rating and maintains Price Target of $227.

Initiation

FSLR

Evercore ISI Group Assumes First Solar at Outperform, Maintains Price Target of $227

GOLD

PAAS

SSRM

Shares of precious metals stocks are trading lower as gold and silver continue to retreat from recent strength.

HC Wainwright &amp; Co. analyst Yi Chen reiterates ASLAN Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASLN#NASDAQ">ASLN</a>) with a Buy and maintains $9 price target.

ASLN

HC Wainwright & Co. Reiterates Buy on ASLAN Pharma, Maintains $9 Price Target

AMZN

Amazon Introduces Low-Cost Grocery Delivery Subscription For Prime Members And Customers Using EBT

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Gold Royalty (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GROY#AMEX">GROY</a>) with a Buy and maintains $5.75 price target.

GROY

HC Wainwright & Co. Reiterates Buy on Gold Royalty, Maintains $5.75 Price Target

Emeren And Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio In Italy With 2.83 GWh Capacity

Achiko