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English Premier League team Manchester United (NYSE: MANU) is widely recognized as one of the top football — or soccer — teams in the world. The owners could be ready to sell and public shareholders could win big.

Here&#39;s How Much Manchester United Stock Could Be Worth In Potential Sale

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The world’s richest person created a stir in the sports world when he tweeted that he would be buying one of the most valuable and recognizable soccer teams in the world.

Elon Musk Is Not Buying Manchester United But The Team Could Still Be For Sale

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Billionaire entrepreneur Mark Cuban stirred up debate on X (formerly Twitter) by sharing an old 2019 tweet from Donald Trump, where the former president urged the Federal Reserve to cut interest rates, even suggesting negative rates.&nbsp;
Cuban used this as a reminder that despite the supposedly strong economy at the time, Trump was pushing for measures typically used during economic slowdowns, saying, &#8220;Fed was way too fast to raise and way too slow to cut!&#8221;
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<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">Remember when the economy was soooo good in 2019 the President begged the Fed for NEGATIVE INTEREST RATES <a href="https://t.co/GvAHcpj0X3">https://t.co/GvAHcpj0X3</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1834809142378459454?ref_src=twsrc%5Etfw">September 14, 2024</a></blockquote>
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Cuban's post sparked heated responses from users who misunderstood how interest rates work. One user claimed lower rates signal a strong economy, which Cuban quickly corrected, explaining that the Fed lowers rates to stimulate a struggling economy by making borrowing cheaper.
See Also: Mark Cuban believes &#8220;the next wave of revenue generation is around real estate and entertainment&#8221; —<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> this new real estate fund allows you to get started with just $100.</a>
This exchange wasn't the first time Cuban criticized Trump's policies. He has previously called out Trump's tariffs and business practices. Despite supposedly not personally disliking Trump, <a href="https://www.benzinga.com/news/24/09/40849505/mark-cuban-says-he-truly-does-not-hate-trump-but-calls-him-a-lousy-president-if-he-wasnt-running">Cuban firmly believes Trump</a> was – and would be – a "lousy president."
<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">I truly don't hate him at all. I just think he was and would be a lousy president. If he wasn't running, I would be happy to take up his dinner invitation from when he was in office. How do you think interest rates are set ? Which of your tax rates have changed ?
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1834427537864491322?ref_src=twsrc%5Etfw">September 13, 2024</a></blockquote>
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He even mentioned that if Trump weren't running for office, he would have been happy to accept a dinner invitation Trump once extended to him while in office. However, he <a href="https://www.benzinga.com/news/24/09/40869372/mark-cuban-calls-out-trumps-investment-record-which-startups-has-trump-ever-invested-in-that-didnt-i">strongly opposes his policies</a> and believes Trump's time in the White House was flawed.
Despite what Cuban thinks of the former President, many people believe Donald Trump did well, <a href="https://www.benzinga.com/startups/24/09/40669224/67-of-investors-say-trump-is-better-for-stocks-than-biden-but-market-predictions-are-all-over-the-ma">especially regarding the economy</a>. During his time in office, the U.S. experienced low unemployment rates, a booming stock market and economic growth that many supporters credit to his policies.
The discussion that followed Trump&#8217;s 2019 tweet reflected people&#8217;s disagreements on his economic record as a businessman and past president.
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<h2 class="wp-block-heading">Cuban Vs. Trump On Tariff Policies</h2>
Cuban also recently questioned Trump's tariff policies, saying they result in higher costs for American consumers and create headaches for businesses, especially smaller ones. He aimed<a href="https://www.benzinga.com/startups/24/09/40880570/mark-cuban-puts-stephen-miller-on-the-spot-does-donald-trump-make-products-overseas-yes-or-no-in-tar"> at Stephen Miller</a>, one of Trump's senior advisors, over tariffs and offshoring, asking pointedly, "Does Donald Trump make products overseas? Yes or No?" —a question Miller dodged.
As the election approaches, Mark Cuban has thrown his support behind Vice President Kamala Harris, <a href="https://www.benzinga.com/startups/24/09/40855223/mark-cuban-praises-kamala-harris-support-for-business-is-her-new-tax-plan-a-game-changer">praising her for being pro-business</a> and more moderate. He believes Harris's approach sets her apart from President Biden and Cuban has been vocal about how her economic policies match his vision for what makes a strong economy.
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Personal Finance

Mark Cuban Argues With X Users As He Shares Trump's Old Tweet And Says Remember 2019 When Trump 'Begged The Fed For NEGATIVE INTEREST RATES'

Minnesota Gov. Tim Walz, potentially Kamala Harris's running mate for the 2024 presidential election, recently made headlines for withdrawing $135,000 from his 401(k). The move, aimed at covering his daughter's college expenses, has sparked a debate on whether this is a <a href="https://www.benzinga.com/personal-finance/24/09/40777048/24-year-old-gets-best-job-of-his-life-and-wants-to-invest-but-dave-ramsey-says-youre-broke-and-i">financially sound choice.</a>
At 60 years old, Walz is nearing the typical retirement age. However, his decision to dip into his retirement savings raised questions about the potential risks involved. Walz revealed to The Wall Street Journal that he withdrew nearly 10% of his estimated $1 million in retirement savings.
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Financial Implications
There are a few consequences of this withdrawal:
Taxes: Since <a href="https://www.benzinga.com/personal-finance/24/08/40515684/labor-economist-warns-americans-get-a-failing-grade-in-retirement-security-says-the-age-of-401-k">withdrawals from retirement accounts</a> are taxed as income, Walz will need to report this $135,000 on his 2023 tax return.
Penalties: If Walz were under 59½ years old, he'd face a 10% early withdrawal penalty, costing him an additional $13,500. However, since he's over that threshold, he won't be subject to the penalty.
Missed Growth: Withdrawing funds from a retirement account also means losing potential compound interest, which could have a long-term impact on his savings.
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Hardship Withdrawal?
It's unclear whether this withdrawal qualifies as a hardship distribution under IRS guidelines, which would allow it to be penalty-free for certain expenses like education. Regardless, Walz would still be liable for taxes on the amount withdrawn.
Walz's Financial Situation
Walz's overall financial picture remains solid, with he and his wife, Gwen, reporting a combined income of around $300,000 in 2023. A portion of this income – about $135,000 – comes from pensions or annuities. Walz also earns $127,629 annually as governor, a salary he declined to increase in 2023. His diverse career, including teaching, service in the National Guard and politics, has given him multiple sources of retirement income, providing him with <a href="https://www.benzinga.com/personal-finance/24/05/39069576/are-you-rich-heres-the-net-worth-you-need-to-be-poor-middle-class-and-wealthy">more flexibility than most Americans</a>.
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Experts Weigh In
Financial professionals generally discourage tapping into retirement accounts early, unless absolutely necessary.
Yusuf Abugideiri, chief investment officer at Yeske Buie, told CNBC, "Taking money out of your retirement accounts to use for something else means, by definition, that money won't be available for retirement." He warns this could create a difficult financial situation down the road.
Gerika Espinosa, a certified financial planner, shared a similar concern, noting, "People are doing it at the expense of their own retirement and then their retirement suffers. And then it's kind of a lose-lose situation."
David Boniface, a financial wealth advisor, highlighted the long-term risks in Barron's, stating, "You're going to be a financial burden on your children when you're in your 80s, because you blew up your retirement."
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Alternatives
Experts often recommend other ways to cover educational expenses, including:
<ul>
<li>Federal and private student loans</li>
<li>529 college savings plans</li>
<li>Scholarships and grants</li>
<li>Work-study programs</li>
</ul>
Walz's choice highlights the tough financial decisions many families face today. Ultimately, it reminds us of the importance of balancing short-term needs with <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">long-term financial security</a>. While you can get a loan for college, remember you can't get a loan for your retirement.&nbsp;
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Tim Walz Withdrew $135,000 From A 401(k) For His Daughter – Experts Warn Copying This Move Could 'Blow Up Your Retirement'

<a href="https://www.benzinga.com/personal-finance/24/09/40817545/i-know-im-not-broke-shaquille-oneals-card-was-declined-at-walmart-after-attempting-the-biggest-p">Shaquille O'Neal</a> has made his position clear when it comes to his wealth and his children: they're not rich – he is. In a podcast appearance in 2021, the former NBA superstar, who boasts a net worth of around $500 million, emphasized that his children will not simply inherit his fortune. Instead, they will have to earn their way in life, regardless of his financial success.
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Shaq, one of the highest-paid athletes in history, is adamant about teaching his six children the importance of hard work. "My kids are older now. They're kind of upset with me – not really upset, but they don't understand," Shaq explained. His message to them? "We ain't rich. I'm rich."
Rather than allowing his children to rely on his fortune, Shaq expects them to earn their success. "<a href="https://www.benzinga.com/personal-finance/24/08/40658562/nba-legend-shaq-tells-his-kids-in-order-to-get-my-cheese-you-have-to-present-me-with-two-degrees">In order to get my cheese, you've got to present me with two degrees</a>," he's famously said, making it clear that higher education is a requirement for anyone looking to access his wealth. This isn't just about education for its own sake, though. Shaq views it as a tool for his children to develop independence and make their mark on the world.&nbsp;
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It's not as simple as just getting a degree and receiving a handout from him. Shaq explains how it works once they earn their degrees, saying, "then if you want me to invest in one of your companies, you're gonna have to present it. Boom, boom, boom. Bring it to me. I'll let you know."
Shaq distinguishes between his sons and daughters, noting that while his girls tend to be more ambitious and focused, his boys sometimes have a more relaxed attitude. "My boys, they're a little bit more like, ‘We'll figure it out.' My girls, they're way more independent," Shaq shared. But his expectations for all his kids remain the same – hard work and education come first.
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This philosophy isn't just about withholding money – Shaq wants to ensure his children have the tools to <a href="https://www.benzinga.com/markets/24/07/39915962/shaquille-oneal-began-building-his-estimated-500-million-portfolio-by-investing-in-this-tech-titan-w">build something meaningful in their own lives</a>. "I tell them all the time: we don't need another NBA player in the family. We need lawyers, we need doctors, we need people that run stuff," he said.
Despite his wealth and success, Shaq is determined to raise his children with the mindset that nothing in life is handed out for free. For Shaq, it's about setting them up for their success, not just giving them a share of his.
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Shaquille O&#8217;Neal&#8217;s approach mirrors the philosophy of several successful figures who advocate for financial discipline and self-sufficiency among their children. Warren Buffett, for example, has famously stated that he wants to leave his children enough to do anything, but not enough to do nothing. Similarly, Elon Musk has preferred <a href="https://www.benzinga.com/personal-finance/24/07/39649862/cant-possibly-think-of-genes-i-would-prefer-more-elon-musk-father-of-12-swayed-his-neuralink-exe">ensuring his children</a> earn their way, emphasizing the importance of hard work and innovation. These perspectives highlight a common belief among wealthy individuals that fostering independence and responsibility is crucial for the next generation&#8217;s success.
While most of us aren&#8217;t leaving behind millions, creating a meaningful impact with our money remains relevant. Whether you're thinking about teaching life lessons to kids or planning to spend every last penny on your dreams, <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">consulting a financial advisor</a> can help you navigate your choices. They can assist with everything from maximizing your retirement savings to ensuring you make the most of your wealth, whatever your goals.&nbsp;
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'We Ain't Rich, I'm Rich' – NBA Legend Shaq Says His Daughters And Sons Don't Get Equal Treatment – 'My Boys? They're Not Getting Nothing'

The group vice presidential candidate JD Vance called "childless cat ladies" are taking charge of their future and purchasing homes in large numbers.
Single women have historically led the way in single-person homeownership, according to Realtor.com senior economist Ralph McLaughlin.
In 2023, <a href="https://www.benzinga.com/real-estate/24/05/38988203/charlie-munger-said-homeownership-is-for-families-the-single-people-i-dont-care-if-they-ever-get-a-h">single women accounted for 19% of all homebuyers</a>. Data from the U.S. Census Bureau shows that single women own 20.3 million homes in the U.S., compared to 14.9 million owned by single men.
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"Single-female <a href="https://www.benzinga.com/personal-finance/24/09/40735607/dont-buy-a-home-unless-you-can-afford-to-waste-money-grant-cardone-thinks-your-dream-home-might-">homeownership</a> tends to be in more aged markets and at least partially reflects the fact that females tend to outlive males and that older females are more likely to be divorced and widowed," McLaughlin said.
Real estate agents report that many of their clients are female SINKS (single income, no kids).
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"I have a lot of SINK clients and most of them are women between the ages of 35 and 65," said Stacy Miller, a real estate agent with Re/Max Fine Properties in Phoenix.
Miller said many of her older SINK clients relocate to Arizona from other states to be closer to grown children, grandchildren or aging parents or because they are newly divorced or widowed.
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SINKs prioritize safety and security and are often drawn to areas where they can get more value for their money.
"Regardless of gender, single-person homeownership tends to be higher in smaller, less expensive markets, presumably where it's easier for single-income households to afford homes," McLaughlin said.
In 2022, eight of the top 10 metro areas for single-family homeownership had median home prices below the national average.
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The top five metros for single female ownership are Barnstable Town, Massachusetts; Topeka, Kansas; Rocky Mount, North Carolina; Wildwood-The Villages, Florida; and Ocala, Florida.
Lake Havasu City, Arizona, is the top spot for single male ownership and Ohio is the most popular state for single male homeowners.
The No. 1 advantage of being a SINK homeowner is the freedom to decide solely based on personal preferences.
"In my experience, SINKs' decision-making process is much more efficient because they don't have to compromise to the wants or needs of another or ‘be on the same page' with a co-buyer," said Robert Dodson, sales manager and broker at Charles Burt Realtors in Joplin, Missouri.
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SINKs also don't have to factor in school districts, giving them more flexibility in choosing where to buy. They can focus on urban, walkable areas with vibrant nightlife without prioritizing a kid-friendly neighborhood.
For SINKs, the ability to afford a home on a single income is a major consideration when deciding whether to purchase a property.
The typical monthly mortgage payment – based on a median list price of $438,950, a 6.49% mortgage rate and a 20% down payment – is about $2,222, not including taxes, insurance and other fees.
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Real Estate

Single Income, No Kids? The Rise Of the SINK Homebuyers And How Much You Need To Buy Solo

Charles Schwab Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/schw#NYSE">SCHW</a>) remains well-positioned for growth, driven by higher rates, opportunistic acquisitions and rising client assets. However, a mounting expense base and subdued trading revenues are worrisome.
<h2>Tailwinds for Schwab</h2>
High Interest Rates to Aid Net Interest Margin: Schwab&#39;s net interest margin&nbsp;is likely to improve in the near term, supported by the existing high-interest rate scenario. The company&#39;s NIM expanded to 1.98% in 2023 from 1.78% in 2022 and 1.45% in 2021 on account of high rates. However, due to rising funding costs, NIM did not experience growth in the first half of 2024.
Though high funding costs and low-yielding assets on the company&#39;s balance sheet are anticipated to weigh on the metric to some extent, high rates will likely aid NIM to some degree. We project NIM to be 2.13%, 2.83% and 3.13% in 2024, 2025 and 2026, respectively.
Strategic Acquisitions to Boost Client Assets: Schwab&#39;s proactive efforts to expand its client base in advisory solutions have been bearing fruit. The company&#39;s advice solution revenues reflected a compound annual growth rate (CAGR) of 10.4% in the last five years (2018-2023). The momentum continued in the first six months of 2024.
The acquisitions of USAA&#39;s Investment Management Company, Wasmer, Schroeder &amp; Company, LLC and Motif&#39;s technology and intellectual property have strengthened the company&#39;s presence and diversified revenues.
Though the company reduced fees on certain advice solution products, revenues from these offerings witnessed growth as average client asset balances improved. SCHW&#39;s total client assets experienced a 21.2% CAGR in the five years ended 2023, primarily driven by the buyouts completed during the period. Our estimates for total client assets suggest a CAGR of 6.2% by 2026.
Encouraging Capital Distributions: As of June 30, 2024, SCHW&#39;s cash and cash equivalents were $25.4 billion, while total debt (comprising long-term debt, Federal Home Loan Bank borrowings and other short-term borrowings) was $56.8 billion.
The company&#39;s emphasis on keeping a low-cost capital structure has been supporting its capital distributions. In January 2023, the company announced a 14% hike in its quarterly dividend and has retained the same since then.
Dividend Yield
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/dd/78440.jpg?v=980550795" />
Image Source: Zacks Investment Research
The company has hiked its dividend four times in the past five years. While SCHW has an existing share repurchase plan, it has been temporarily halted to enhance liquidity and reduce debt. The company aims for a common dividend payout ratio of 20-30% of GAAP earnings. Schwab&#39;s earnings strength and decent liquidity will keep the capital distributions sustainable.
<h2>Roadblocks for Schwab</h2>
Mounting Expense Base: Rising operating expenses are likely to hamper Schwab&#39;s bottom line. Though expenses dipped in the first half of 2024, the metric witnessed a 17.5% CAGR in the past five years (ended 2023). This rise was due to high compensation, benefit costs and acquisitions.
Expense Growth Trend
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/5d/78437.jpg?v=1983191589" />
Image Source: Zacks Investment Research
While management anticipates adjusted operating expenses to rise only 2% this year, the company is expected to continue investing to bolster long-term growth and solidify business efficiency. Further, costs tied to compensation and regulatory spending, as well as strategic buyouts, are anticipated to keep operating expenses elevated in the near term.
Expenses are expected to decline 5.1% in 2024, but rise 2.3% in 2025.
Subdued Trading Revenues: Though the capital markets performance has improved recently, Schwab&#39;s trading revenues are anticipated to remain under pressure for some time.
The company&#39;s trading revenues dipped in 2022, 2023 and the first six months of 2024 because of subdued market volatility and reduced client activity. However, SCHW has been undertaking several initiatives and opportunistic buyouts to build a client base and enhance its trading income.
Nonetheless, the uncertainty surrounding the performance of the capital markets raises concerns regarding potential growth in trading revenues. Additionally, the ongoing geopolitical environment suggests that volatility and client activity are unlikely to see significant improvement in the near term.
SCHW currently carries a Zacks Rank #3 (Hold). Year to date, shares of the company have lost 7.6%, underperforming the industry&#39;s growth of 14.2%.
Year-to-Date Price Performance
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/4b/78439.jpg?v=64669123" />
Image Source: Zacks Investment Research
<h2>Schwab&#39;s Peer Stocks Worth Considering</h2>
Some better-ranked Schwab&#39;s peers&#39; stocks worth considering are Robinhood Markets, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hood#NASDAQ">HOOD</a>) and Interactive Brokers Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibkr#NASDAQ">IBKR</a>).
Estimates for HOOD&#39;s current-year earnings have been revised 38.2% upward in the past 60 days. The company&#39;s shares have risen 33.1% in the past six months. HOOD sports a Zacks Rank #1 (Strong Buy) at present.
Estimates for IBKR&#39;s current-year earnings have remained unchanged in the past month. The company&#39;s shares have risen 21.6% in the past six months. IBKR carries a Zacks Rank #2 (Buy) at present.
<a href="https://www.zacks.com/stock/news/2338539/high-rates-strategic-buyouts-aid-schwab-amid-rising-expenses?cid=CS-BENZ-FT-analyst_blog|zer_report_update-2338539">To read this article on Zacks.com click here.</a>

Earnings

Large Cap

Dividends

Offerings

Markets

Analyst Ratings

HOOD

IBKR

SCHW

High Rates & Strategic Buyouts Aid Schwab Amid Rising Expenses

Truist Securities analyst Terry Tillman reiterates Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) with a Buy and raises the price target from $300 to $315.

Price Target

Reiteration

Truist Securities Reiterates Buy on Salesforce, Raises Price Target to $315

XCHG Limited Shares Halted On Circuit Breaker To The Downside, Stock Now Down -55.9%

Truist Securities analyst Jailendra Singh maintains Progyny (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) with a Buy and lowers the price target from $33 to $26.

PGNY

Truist Securities Maintains Buy on Progyny, Lowers Price Target to $26

Piper Sandler analyst Yasmeen Rahimi maintains Zura Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZURA#NASDAQ">ZURA</a>) with a Overweight and maintains $26 price target.

ZURA

Piper Sandler Maintains Overweight on Zura Bio, Maintains $26 Price Target

Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone and iPad operating systems have drawn <a target="_blank" href="https://ec.europa.eu/commission/presscorner/detail/en/ip_24_4761" rel="noreferrer noopener">European regulatory attention</a>.
On Thursday, the European Commission initiated&nbsp;two specification proceedings&nbsp;to help Apple&nbsp;comply with its interoperability obligations under&nbsp;the Digital Markets Act (&#8216;DMA&#8217;).
Apple must ensure free interoperability to third-party developers and businesses to alleviate the regulator&#8217;s antitrust concerns.
The Commission will complete&nbsp;the proceedings&nbsp;within six months from their commencement.
In 2021, the European Commission proposed a <a target="_blank" href="http://ec.europa.eu/commission/presscorner/detail/en/ip_21_4613" rel="noreferrer noopener">rule&nbsp;</a>requiring all smartphones to adopt USB-C ports for physical charging.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/21/09/23101686/eu-rules-could-make-usb-c-chargers-mandatory-apple-iphones-may-need-redesign" rel="noreferrer noopener">EU Rules Could Make USB-C Chargers Mandatory, Apple iPhones May Need Redesign</a>
Big Tech companies, including Apple, Google parent Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), have faced global regulatory scrutiny for allegedly stifling competition with their &#8220;walled gardens,&#8221; as they strive to boost their revenue and profits.
Apple faced regulatory scrutiny for making its operating systems compatible with only Apple hardware, citing better user security.
Google faced antitrust probes over its Search market dominance by paying smartphone companies to make its search engine the default option on <a target="_blank" href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report" rel="noreferrer noopener">their web browsers</a>.
U.S. regulators initiated&nbsp;a probe&nbsp;into&nbsp;Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) for alleged influence in the <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40768376/nvidia-faces-antitrust-probe-over-market-dominance-as-doj-ftc-crack-down-on-ai-powerhouses-repor" rel="noreferrer noopener">artificial intelligence chip market</a>.
Meta Platforms recently came under the EU scanner for alleged monopolizing the <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40919557/meta-braces-for-costly-eu-fine-over-marketplace-report" rel="noreferrer noopener">classified advertising market</a>.
It is worth noting that Google&nbsp;won its appeal against the European Commission&#8217;s antitrust fine for its <a target="_blank" href="https://www.benzinga.com/24/09/40915828/google-wins-1-7b-eu-antitrust-fine-appeal-over-5-year-old-online-search-advertising-case" rel="noreferrer noopener">online search advertising business</a>.
Price Action: AAPL stock is trading higher by 3.76% to $226.98 at the last check on Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/40940715" target="_blank" rel="noreferrer noopener">Apple Revenue Growth &#8216;Just Too Slow For Investors To Get Excited About&#8217;: Analyst Highlights Advertising As Future Catalyst</a></li>
</ul>
Photo via Apple

Government

Regulations

Eurozone

Tech

Media

AMZN

BABA

GOOG

GOOGL

NVDA

After Lightning Port, EU Targets Apple's iPhone and iPad Systems, Demands Greater Access for Third-Party Developers

Piper Sandler analyst Michael Lavery maintains Hain Celestial Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAIN#NASDAQ">HAIN</a>) with a Neutral and maintains $8 price target.

HAIN

Piper Sandler Maintains Neutral on Hain Celestial Group, Maintains $8 Price Target

On CNBC, Kevin Simpson Announced Bought More International Business Machines

Corning Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>) shares are trading higher on Thursday. The company provided significant updates to its &#8220;Springboard&#8221; plan of adding more than $3 billion in annualized sales and shared its strategy to <a href="https://www.benzinga.com/pressreleases/24/09/b40936491/corning-provides-update-on-key-milestones-in-springboard-plan-to-add-more-than-3-billion-in-annual" target="_blank" rel="noreferrer noopener">achieve a 20% operating margin by the end of 2026</a>.
For the third quarter of 2024, the company continues to expect&nbsp;sales of $3.7 billion (vs. consensus of $3.71 billion) and EPS in the range of <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$0.50 &#8211; $0.54 (vs. consensus of $0.53)</a>.
Wendell P. Weeks, chairman and chief executive officer, said, &#8220;I&#8217;m very pleased with the progress we have made on our &#8216;Springboard&#8217; plan to add more than&nbsp;$3 billion&nbsp;in annualized sales by 2026. The plan leads to an improving return profile, with profits growing significantly faster than sales.&#8221;
Corning is implementing price increases in its display technologies and forecasts, delivering segment net income of $900 million to $950 million in 2025 while maintaining a net income margin of 25%.
Corning&#8217;s Optical Communications division is showing positive momentum, with Enterprise sales projected to increase by over 40% Y/Y in the third quarter, driven by strong adoption of its generative AI products.
The company is unveiling a new range of products designed to interconnect AI-enabled data centers.
This launch supports Lumen Technologies Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) network expansion and represents the first deployment of Corning&#8217;s next-generation AI fiber-and-cable system in outside plant environments.
In July, Corning reported a fiscal second-quarter 2024 core sales growth of 4% year-on-year to $3.60 billion, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/40041518/corning-stock-drops-after-q3-guidance-miss-ceo-highlights-new-optical-connectivity-products-for-gen" rel="noreferrer noopener">analyst consensus estimate of $3.55 billion</a>.&nbsp;
Investors can gain exposure to the stock via&nbsp;ProShares Smart Materials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TINT#NYSE">TINT</a>) and Professionally Managed Portfolios Otter Creek Focus Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFS#NYSE">OCFS</a>).
Price Action: GLW shares are up 2.49% at $44.50 at the last check Thursday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/40942441" target="_blank" rel="noreferrer noopener">Stock Of The Day: Home Depot Agrees To Settlement, While Overbought Signals Warn Of Potential Sell-Off</a></li>
</ul>

Equities

Guidance

LUMN

Professionally Managed Portfolios Otter Creek Focus Strategy ETF

OCFS

TINT

Corning's Springboard Plan Set To Skyrocket Profits By 2026: AI And Price Hikes Drive Growth

Piper Sandler analyst Rob Owens maintains CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) with a Overweight and maintains $290 price target.

CRWD

Piper Sandler Maintains Overweight on CrowdStrike Holdings, Maintains $290 Price Target

<a href="https://animaldrugsatfda.fda.gov/adafda/app/search/public/document/downloadFoi/15865" title="https://animaldrugsatfda.fda.gov/adafda/app/search/public/document/downloadFoi/15865">https://animaldrugsatfda.fda.gov/adafda/app/search/public/document/downloadFoi/15865</a>

Biotech

ELAN

Elanco Animal Health Announces FDA Approval For Zenrelia, For The Control Of Pruritus Associated With Allergic Dermatitis And Control Of Atopic Dermatitis In Dogs At Least 12 Months Of Age

Most of us have heard the dictum &quot;the trend is your friend.&quot; And this is undeniably the key to success when it comes to short-term investing or trading. But it isn&#39;t easy to ensure the sustainability of a trend and profit from it.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Our &quot;Recent Price Strength&quot; screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Lands&#39; End</h2>
(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/le#NASDAQ">LE</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. LE is quite a good fit in this regard, gaining 18.5% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 5.3% over the past four weeks ensures that the trend is still in place for the stock of this clothing maker.
Moreover, LE is currently trading at 82.1% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in LE may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2338360/recent-price-trend-in-lands-end-le-is-your-friend-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2338360">To read this article on Zacks.com click here.</a>

Recent Price Trend in Lands' End is Your Friend, Here's Why

On Wednesday, ICU Medical Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICUI#NASDAQ">ICUI</a>) subsidiary, Smiths Medical, initiated a recall of certain Bivona neonatal/pediatric and adult tracheostomy tubes.
The FDA classified the <a target="_blank" href="https://www.fda.gov/medical-devices/medical-device-recalls/tracheostomy-tube-recall-smiths-medical-removes-certain-bivona-neonatalpediatric-and-adult" rel="noreferrer noopener">recall</a> as the most serious type, which could cause severe injury or death.
Smiths Medical is recalling specific lots of Bivona Neonatal/Pediatric and Adult Tracheostomy tubes due to a manufacturing defect that may cause the securement flange of the device to tear.
Affected products include:
<ul>
<li>Bivona Aire-Cuf, TTS, Uncuffed, Mid-Range Neonatal/Pediatric Tracheostomy Tubes.</li>
<li>Bivona Aire-Cuf, TTS, Cuffless FlexTend, TTS FlexTend Adult Tracheostomy Tubes.</li>
</ul>
The use of affected products may cause serious adverse health consequences, including lack of proper ventilation, loss of a protected airway, and death.&nbsp;
There have been 35 reported injuries. There have been two reports of death.&nbsp;&nbsp;
Bivona neonatal/pediatric and adult&nbsp;tracheostomy&nbsp;tubes provide direct airway access for up to 29 days for a patient with a tracheostomy,&nbsp;a surgical procedure that creates an opening in the neck and into the windpipe (trachea) to help a person breathe.
Some tubes can be reprocessed and reused several times for a single patient.&nbsp;
The company said not to use the Bivona tracheostomy tubes from the affected lot numbers. They should be thrown away.&nbsp;
Price Action: At last check Thursday, ICUI stock was up 2.25% at $180.19.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40927367/zimmer-biomet-to-stop-selling-cpt-hip-implant-system-by-end-of-2024-due-to-high-fracture-risks" target="_blank" rel="noreferrer noopener">Zimmer Biomet To Stop Selling CPT Hip Implant System By End Of 2024 Due To High Fracture Risks</a>.</li>
</ul>

Health Care

ICUI

ICU Medical Recalls Certain Tracheostomy Tubes Due To Manufacturing Defects

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