Actelis Networks (NASDAQ:ASNS) Stock, Quote.Headers.trade-ideas

Actelis Networks

Actelis Networks Inc is a networking solutions company with a mission to enable communication for Internet of Things, or IoT, projects, deployed over wide areas such as cities, campuses, airports, military bases, roads, and rail. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create a cost-effective, secure, and quick-to-deploy network. Its solutions also offer end-to-end network security to protect critical IoT data, utilizing a powerful combination of coding and encryption technologies, applied as required on both new and existing infrastructure within the hybrid-fiber-copper network. The Company operates as one operating segment developing and marketing access broadband equipment for copper and fiber networks.

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ASNS

Actelis Networks shares are trading higher by 14% to during Tuesday&#39;s session. The company announced a new order from a U.S. aerial transportation agency.

What&#39;s Going On With Actelis Networks (ASNS) Stock?

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Actelis Networks Inc

Editor&#8217;s Note: A correction was made to the fourth quarter revenue. 
Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) shares are trading lower after the company reported its fourth-quarter financial results after Tuesday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/09/g41013979/stitch-fix-announces-fourth-quarter-and-full-fiscal-year-2024-financial-results">details from the report. </a>
The Details: Stitch Fix reported quarterly losses of 29 cents per share, which missed the analyst consensus estimate for losses of 19 cents. Quarterly revenue of $319.6 million beat the analyst consensus estimate of $318.5 million and is a 12.4% decrease year-over-year.
&#8220;We are executing our transformation strategy with discipline and, during the fourth quarter, we delivered results at the high end of our guidance on both the top and bottom line,&#8221; said Matt Baer, CEO of Stitch Fix. 
&#8220;I am proud of the Stitch Fix team&#8217;s efforts this past fiscal year and encouraged by the progress we have already made to strengthen the foundation of our business and reimagine our client experience. While there is a lot of work still to do, I am confident we are on the right path to continue to improve the trajectory of our business which includes returning to revenue growth by the end of FY26,&#8221; Baer added. 
Read Next:<a href="https://www.benzinga.com/news/24/09/41011763/whats-going-on-with-intel-stock"> What&#8217;s Going On With Intel Stock?</a>
Outlook: Stitch Fix sees first-quarter revenue in a range of $303 million to $310 million and fiscal year 2025 revenue in a range of $1.11 billion to $1.16 billion. 
SFIX Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Stitch Fix shares are down 19.15% after-hours at $3.07 at the time of publication Tuesday.&nbsp;
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</ul>
Photo: Courtesy of Stitch Fix, Inc.&nbsp;

Earnings

Guidance

After-Hours Center

SFIX

Stitch Fix Stock Falls After Q4 Results: Here's Why (CORRECTION)

Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) should be able to <a href="https://www.benzinga.com/general/space/24/09/41013092/boeing-vs-spacex-will-stumbles-in-union-negotiations-space-travel-weaken-aerospace-giants-standing-">quickly ramp up</a> aircraft production once the strike ends, according to an analyst.
Goldman Sachs analyst Noah Poponak said he expects the strike, which began on Sept. 13, will end soon, though the International Association of Machinists and Aerospace Workers, a union representing roughly 33,000 Boeing workers, rejected the company&#8217;s <a href="https://www.benzinga.com/general/24/09/40996898/boeings-striking-workers-reject-best-and-final-offer-it-missed-the-mark-on-many-of-the-things">&#8220;best and final offer&#8221;</a> on Monday.
&nbsp;&#8220;IAM workers at Boeing are on strike, though we expect a resolution soon, and for Boeing to be able to pick back up its aircraft production and delivery momentum,&#8221; Poponak wrote in a note Tuesday.
&#8220;Deliveries the last few months have improved and September was tracking quite strong before the strike.&#8221;
The striking machinists produce the 737 Max, Boeing's top-selling airliner, the 777 jet and the 767 cargo plane.
On the same day the strike began, Moody&#8217;s Investment Ratings said it would look at how the strike would impact the company&#8217;s production and cash flow while maintaining the lowest investment-grade rating for the company.
Read Also: <a href="https://www.benzinga.com/startups/24/09/40960505/boeing-in-a-death-spiral-of-their-own-making-according-to-a-consultant-as-employees-already-have-a-d">Boeing &#8216;In A Death Spiral Of Their Own Making&#8217; According To A Consultant As &#8216;Employees Already Have A Dim View Of Management&#8217;</a>
&#8220;Boeing is therefore likely considering options to raise capital to maintain its credit rating, and more debt does not solve near-term concerns,&#8221; Poponak wrote.
&#8220;We assume Boeing raises $12bn of equity before year-end, which matches the total maturities due in 2025 + 2026, and keeps the cash balance well north of $10bn in the near-to-medium-term while they ramp back up commercial deliveries and strive to resolve defense profitability.&#8221;
He said raising $12 billion in equity in the fourth quarter would put the company&#8217;s cash balance at or above $20 billion, which would give Boeing &#8220;ample cushion&#8221; providing ample cushion as new CEO Kelly Ortberg comes in and starts to lay out a strategic path forward.&nbsp;
&#8220;While BA continues to face several challenges to work through near-term, we see attractive valuation relative to long-term fundamentals and are Buy rated on the stock,&#8221; Poponak said.
BA Price Action: Boeing declined 0.30% to close at $155.81 on Tuesday.
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</ul>
Photo: Shutterstock

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Analyst Ratings

Boeing Should Pick Up Aircraft Production Soon After Strike End, Analyst Says

Black Myth: Wukong soared to the top of the charts in August 2024, according to Newzoo, leading the revenue rankings across <a href="https://www.benzinga.com/topic/gaming-industry">six major markets. </a>
This action RPG, rooted in Chinese mythology, took the number one spot for overall earnings in the U.S., U.K., Germany, France, Spain and Italy highlighting its remarkable success in its debut month, GamesIndustry.biz <a href="https://www.gamesindustry.biz/black-myth-wukong-top-grossing-game-for-august-2024-newzoo-charts">reported.</a>
See Also: <a href="https://www.benzinga.com/general/gaming/24/08/40660800/is-sony-behind-black-myth-wukongs-xbox-delay-what-we-know">Is Sony Behind Black Myth: Wukong&#8217;s Xbox Delay? What We Know</a>
Not only did Black Myth: Wukong dominate these markets, but it also claimed the top position in the PC category. On Sony Group Corp.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) PlayStation, it was the third-highest-grossing title, only trailing behind Fortnite and Electronic Arts Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) EA Sports Madden NFL 25, showing that it performed strongly across multiple platforms. 
<h1 class="wp-block-heading">The First Descendant Experiences Revenue Decline</h1>
While Black Myth: Wukong thrived, other games like The First Descendant saw less favorable trends. 
According to Newzoo&#8217;s August analysis, the game experienced a steep revenue decline from June to August. Despite initial success, the competitive market and new releases may have contributed to this downturn.
<h1 class="wp-block-heading">Popular Titles See Engagement Boosts</h1>
Several established titles saw significant gains in monthly active users (MAUs) during August. 
Fall Guys, Diablo 4 and World of Warcraft were among the games that witnessed notable increases in player activity. In particular, World of Warcraft saw its biggest MAU increase of 2024, climbing nine ranks in Newzoo's engagement chart.
Another major title, Warner Bros. Discovery Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) Lego Star Wars: The Skywalker Saga, experienced a substantial boost in player engagement. This was largely due to its inclusion in the PlayStation Plus lineup and a 75% discount on Nintendo ADR&#8216;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) Nintendo Switch Store, which helped bring in new and returning players.
<h1 class="wp-block-heading">Top Games by Revenue And MAUs For August</h1>
Newzoo's report also highlighted the top-performing games by revenue across PC and consoles for August. While Black Myth: Wukong led the revenue rankings, other big names like Fortnite and Madden NFL 25 secured second and third spots respectively.
In terms of monthly active users, Fortnite, Microsoft Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Call of Duty: Modern Warfare 2/3/Warzone, and Minecraft dominated the top of the charts, maintaining their strong engagement among players across the six markets analyzed. 
Titles such as Diablo 4 also moved up significantly in the MAU rankings, driven by new updates that re-engaged the player base.
Read Next: 
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SONY

Black Myth: Wukong's Big Debut Leads August Gaming Revenue Rankings

NFL Hall of Fame nominee, cannabis entrepreneur and former running back for the Miami Dolphins <a href="https://www.benzinga.com/topic/ricky-williams">Ricky Williams</a> has come out in support of <a href="https://www.benzinga.com/markets/cannabis/24/04/38034138/florida-supreme-court-approves-cannabis-legalization-proposal-for-november-election-in-blow-to-d" target="_blank" rel="noreferrer noopener">Florida's Amendment 3</a>, which will go before voters in the upcoming <a href="https://www.benzinga.com/topic/2024-election">November elections</a>.
"I know firsthand the ostracizing and debilitating effects the criminalization of cannabis can have," Williams said in a statement, <a href="https://floridapolitics.com/archives/697340-ex-dolphin-ricky-williams-backs-amendment-3-to-end-prejudice-over-cannabis-in-florida/">published</a> by Florida Politics.
"I want to pay my experiences forward, end the unjust criminalization and prejudice over cannabis, and bring Florida to the same level of freedom that over half of the country already enjoys,&#8221; Williams said. &#8220;We can accomplish this by voting ‘Yes' on 3 this November."
Williams, who played for 11 seasons in the NFL, retired from the Miami Dolphins for a year after being suspended for violating the league's substance abuse policy. He returned the following year after paying fines, but issues related to his marijuana dogged him despite his excellent on-field performance, including winning the 1998&nbsp;Heisman Trophy&nbsp;and breaking several NCAA records.
Williams, along with several other athletes such as Calvin Johnson, Al Harrington and Rob Sims, attended the <a href="https://www.benzinga.com/events/cannabis-conference/" target="_blank" rel="noreferrer noopener">Benzinga Cannabis Capital Conference </a>in Chicago in 2022. Check out this year's conference in Chicago on Oct. 7-8.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/41011619/it-takes-a-village-to-build-generational-wealth-nbas-al-harrington-on-his-full-circle-moment-and">&#8216;It Takes A Village…To Build Generational Wealth&#8217;: NBA&#8217;s Al Harrington On His Full Circle Moment And Opening NJ Cannabis Dispensary</a>
Smart &amp; Safe Florida spokesperson Morgan Hill called Williams' story "an important case study for why passing Amendment 3 is an important, long-necessitated step forward for Florida."
"No one deserves to have their life changed simply for using marijuana," Hill said, per the outlet. "We are grateful to have his support and look forward to continuing to grow this vast coalition behind legalizing adult-use recreational marijuana for Florida."
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
Meanwhile, Smart &amp; Safe <a href="https://smartandsafeflorida.com/smart-safe-florida-announces-ad-on-hypocrisy-of-alcohol-vs-marijuana/">announced</a> Tuesday that it has a new campaign ad, Hypocrisy of Alcohol vs. Marijuana.
"According to a&nbsp;<a href="https://smartsafeflorida.cmail20.com/t/y-l-mhitudt-hlkrhtkduu-j/" target="_blank" rel="noreferrer noopener">recent FDA study</a>, alcohol was found to have a higher use disorder rate than marijuana. Additionally, the FDA found that alcohol has among the highest adverse consequences, while marijuana ranks lower," noted Smart &amp; Safe, the group behind the Amendment 3 campaign.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Different &#x7C; Vote Yes on Amendment 3!" width="500" height="281" src="https://www.youtube.com/embed/-ddyTqQkQ6s?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
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<li> <a href="https://www.benzinga.com/markets/cannabis/24/09/41008113/white-house-highlights-marijuana-pardons-amid-skepticism-over-cannabis-rescheduling-efforts">White House Highlights Marijuana Pardons Amid Skepticism Over Cannabis Rescheduling Efforts</a></li>
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Photo: Benzinga edit of images by Wikimedia Commons and&nbsp;<a href="https://unsplash.com/@2hmedia?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText" target="_blank" rel="noreferrer noopener">2H Media</a>&nbsp;on&nbsp;<a href="https://unsplash.com/photos/1SDw4biQ6us?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText" target="_blank" rel="noreferrer noopener">Unsplash</a>

Cannabis

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Politics

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Florida Cannabis Ballot: NFL's Ricky Williams Backs Legalization, New Ad 'Hypocrisy Of Alcohol Vs. Marijuana'

The next U.S. administration "must grapple with widening budget deficits," warned Moody's Ratings in <a href="https://www.benzinga.com/topic/moody-s">a report published Tuesday</a>.
But no matter who is elected on Nov. 5, whether it&#8217;s ex-President Donald Trump or current Vice President Kamala Harris, the situation is dire, Moody&#8217;s reported.
What Happened: Recall last November when Moody&#8217;s outlook on the U.S. government&#8217;s ratings went <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/11/35735142/moodys-casts-a-dark-cloud-us-outlook-downgraded-to-negative-over-escalating-deficit">from stable to negative</a>?
The decision came after Moody&#8217;s rival, Fitch Ratings, slashed the U.S. sovereign credit grade <a href="https://www.benzinga.com/government/23/08/33523662/fitch-slashes-us-credit-rating-5-top-economists-weigh-in-on-economic-fallout">from AAA to AA+</a>. Fitch reaffirmed the U.S. <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40638519/fitch-reaffirms-us-aa-credit-rating-warns-of-growing-debt-burden-tax-cuts-will-be-e">credit rating in August</a>.
Both agencies blamed fiscal deterioration, escalating interest rates, political polarization <a href="https://www.benzinga.com/markets/bonds/23/11/35706307/feds-barkin-warns-there-is-more-inflation-to-come-calls-for-decisive-economic-slowdown" target="_blank" rel="noreferrer noopener">and substantial deficits.</a> And today, Moody&#8217;s is just as nervous — perhaps more so — about the U.S.&#8217;s ability to manage its finances.
&#8220;The incoming administration will face a deteriorating U.S. fiscal outlook, as declining debt affordability will gradually weaken U.S. fiscal strength,&#8221; Moody&#8217;s analysts, led by Claire Li and William Foster, wrote. &#8220;In the absence of policy measures that can curb these trends and help limit fiscal deficits, deteriorating fiscal strength will increasingly weigh on the U.S. sovereign credit profile.&#8221;
<h1 class="wp-block-heading">Moody&#8217;s Cautions:</h1>
<ul>
<li>If nothing changes, the federal government will run fiscal deficits that average around 7% of GDP per year over the next five years.</li>
<li>This will rise to nearly 9% by 2034.</li>
<li>The debt burden will hover at around 130% of GDP by 2034 from 97% in 2023.</li>
<li>Federal interest payments relative to revenue and GDP will double to around 30% and 5% by 2034, respectively, from 14.8% and 2.4% in 2023. </li>
<li>The 2017 Tax Cuts and Jobs Act (TCJA) is a significant factor in the worsening fiscal outlook.</li>
<li>If the Trump-era TCJA extends, federal tax revenue will be around 1% of GDP lower per year from 2026 onward.</li>
<li>Letting it expire means more revenue and a narrowing of the fiscal deficit projections. </li>
<li>The 10-year Treasury yield will settle at around 4% from 2025 onward.</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40972902/kamala-harris-finally-mentions-crypto-and-that-too-on-wall-street-promises-to-encourage-in">Kamala Harris Promises To Encourage &#8216;Innovative Technologies&#8217; Like Crypto</a>
Why It Matters: Economists have long insisted that U.S. <a href="https://www.benzinga.com/news/treasuries/24/02/37227285/government-debt-exceeds-120-of-gdp-why-former-imf-economist-very-worried-about-us-fiscal-crisis">credit is at risk</a>. A debt crisis would lead to a weaker dollar, higher borrowing costs and market volatility and inflationary pressure, they say.
It could also hurt social programs and damage the U.S.'s international reputation.
Moody&#8217;s analysts project that a Harris administration will likely positively affect banks. Trump&#8217;s approach would likely lead to looser regulation, creating credit risks for banks and consumer asset-backed securities.
On immigration, both candidates are expected to maintain strict policies, Moody&#8217;s explains. But Trump has proposed mass deportations. This could ultimately lead to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38678379/immigration-rebound-helps-solve-us-inflation-puzzle-goldman-sachs">increased labor costs</a> in agriculture, and construction, negatively affecting those sectors and related industries.
And about those tax cuts. Harris has backed measures like reversing parts of the TCJA, which provided significant tax cuts to high-income earners. Increasing the corporate tax rate to 28% from 21% could help reduce the deficit by generating more government revenue.
That proposal contrasts with Trump's promise to reduce the corporate<a href="https://www.benzinga.com/news/24/07/39811211/as-billionaire-boys-go-all-in-for-trump-anthony-scaramucci-has-word-of-caution-tonic-they-are-prescr"> tax rate to 15%</a>.
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40993290/trump-vs-harris-2024-election-betting-odds-show-vice-president-maintains-lead-as-race-near">2024 Election Betting Odds Show This Candidate Maintains Lead As Race Nears One-Month Mark</a></li>
</ul>
Photo: Shutterstock

Government

Economics

Moody's Sounds Alarm On Widening Deficits, Diverging Credit Risks: What Trump, Harris Can't Ignore

The Israel Securities Authority has granted Bridgewise, an Israeli artificial intelligence (AI) startup, permission to launch a chatbot capable of providing stock-picking advice. 
The chatbot Bridget will allow users to receive buy and sell recommendations for various stocks, starting a new era of regulated, active AI-powered retail investing.
Bridgewise, which specializes in AI-driven investment analysis, partnered with Israel Discount Bank, one of the largest banks in Israel, to bring the service to customers later this month. The company's technology combines historical data and real-time market information to offer stock evaluations.
"We&#8217;ve done everything in a calculated way, with the regulators involved end to end. Being the first to launch this has placed a huge burden on us," Bridgewise's CEO Gaby Diamant said <a href="https://www.bloomberg.com/news/articles/2024-09-24/a-chatbot-that-gives-stock-buy-sell-advice-cleared-by-israel">for</a> Bloomberg.
Still, the broad adoption of AI in investment management might be some time away. SEC chair Gary Gensler <a href="https://www.bloomberg.com/news/articles/2024-09-18/gensler-says-ai-risks-heartbreak-like-scarlett-johansson-s-her">warned</a> about the risks of market concentration earlier this month, warning about a potential crisis caused by market participants "all relying on the same model, the same algorithm, the same data."
A slow rollout of active AI investing will likely reignite the decades-old debate of <a href="https://www.benzinga.com/money/active-vs-passive-investing">active vs. passive investing</a> in an entirely new spectrum.
Active investing, which involves frequent trading and stock selection to outperform market benchmarks, has struggled to maintain its edge in recent years. Historically, active managers have had difficulty consistently outperforming passive index funds, primarily due to higher fees and the difficulty of consistently picking winning stocks.
AI could be the disruptive force needed to level the playing field, as proven by a University of Chicago<a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4835311"> study</a>, "Financial Statement Analysis with Large Language Models," published earlier this year. The researchers found that AI writing economic narratives predicting changes in a company's earnings outperforms humans by 3% (60% vs. 57%).
While some investors will enjoy building their own stock-picking AI models, others will invest in AI ETFs. 
Funds such as VanEck Social Sentiment ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUZZ#NYSE">BUZZ</a>) and WisdomTree International AI Enhanced Value Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIVI#NYSE">AIVI</a>) are good examples of AI-driven stock picking, albeit with some human oversight.
VanEck Social Sentiment ETF, for example, uses AI to track investor sentiment by analyzing millions of social media posts and news articles and building a portfolio of large-cap stocks based on the most positive sentiment.
These funds still have short track records and their year-to-date performance has been lackluster. Both are performing well below the S&amp;P 500 (up 20.88%) with VanEck Social Sentiment ETF gaining 14.55% and WisdomTree International AI Enhanced Value Fund rising just  8.75% year-to-date. 
Their high expense ratios are also a issue, with VanEck Social Sentiment ETF costing 75 basis points and WisdomTree International AI Enhanced Value Fund costing 58 basis points.
Read Next: • <a href="https://www.benzinga.com/news/24/09/41013730/bill-baruch-trims-tesla-stock-buys-pair-of-energy-names-power-is-going-to-be-a-big-thing-with-ai">Bill Baruch Trims Tesla Stock, Buys Pair Of Energy Names: &#8216;Power Is Going To Be A Big Thing With AI&#8217;</a>
Photo: Shutterstock

Specialty ETFs

Global

Tech

ETFs

AIVI

BUZZ

AI Chatbot To Give Stock-Picking Advice: How Does AI Perform In The Markets?

This strategic partnership between Sage and CRC will focus on developing clean and reliable energy solutions in the State of California.&nbsp;

Sage Geosystems, California Resources Sign MOU To Establish Collaborative Framework For Pursuing Commercial Projects Related To Subsurface Energy Storage And Geothermal Power Generation In California

Citigroup analyst Vikram Bagri maintains Oklo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) with a Neutral and lowers the price target from $11 to $10.

Price Target

OKLO

Citigroup Maintains Neutral on Oklo, Lowers Price Target to $10

Jefferies analyst Lloyd Byrne maintains Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) with a Buy and lowers the price target from $47 to $46.

Jefferies Maintains Buy on Halliburton, Lowers Price Target to $46

Motorsport Games Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) shares are trading higher in extended trading Tuesday after the company announced it released the September <a href="https://www.benzinga.com/pressreleases/24/09/g41014441/le-mans-ultimate-releases-innovative-co-op-game-mode-save-load-system-and-2024-pack-2-dlc">update for Le Mans Ultimate.</a>
The Details: Motorsport Games said the update includes a new co-op game mode, a completed Hypercar grid and new content for fans of sportscar and sim racing.
"Our September update marks a significant milestone for Le Mans Ultimate, as we continue to enhance the player experience with new game modes, features, and exciting content from the 2024 FIA World Endurance Championship,&#8221; said Stephen Hood, CEO of Motorsport Games.
Read Next: <a href="https://www.benzinga.com/news/24/09/40991747/snowflake-stock-dips-on-offering-after-hours-what-to-know">Snowflake Stock Dips On Offering After-Hours: What To Know</a>
According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Motorsport Games shares are climbing on heavy volume with more than 2 million shares traded in Tuesday's session.&nbsp;
MSGM Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Motorsport Games shares are up 37.27% after-hours at $1.51 at the time of publication Tuesday.
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<li><a href="https://www.benzinga.com/news/24/09/40991529/what-happened-with-palantir-stock-today">What Happened With Palantir Stock Today?</a></li>
</ul>
Photo: Gerd Altmann from Pixabay

MSGM

What Happened With Motorsport Games Stock Today?

Verisk Analytics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSK#NASDAQ">VRSK</a>) has outperformed the market over the past 10 years by 4.6% on an annualized basis producing an average annual return of 15.83%. Currently, Verisk Analytics has a market capitalization of $37.71 billion. 
Buying $1000 In VRSK: If an investor had bought $1000 of VRSK stock 10 years ago, it would be worth $4,345.81 today based on a price of $264.79 for VRSK at the time of writing.
<h3>Verisk Analytics's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727213421_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

VRSK

$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,300 Today

Ascendis Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NASDAQ">ASND</a>) has outperformed the market over the past 10 years by 42.38% on an annualized basis producing an average annual return of 53.62%. Currently, Ascendis Pharma has a market capitalization of $8.60 billion. 
Buying $100 In ASND: If an investor had bought $100 of ASND stock 10 years ago, it would be worth $6,965.87 today based on a price of $144.89 for ASND at the time of writing.
<h3>Ascendis Pharma's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727213417_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASND

Here's How Much You Would Have Made Owning Ascendis Pharma Stock In The Last 10 Years

Macquarie analyst Paul Golding initiates coverage on Cipher Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) with a Outperform rating and announces Price Target of $6.

Initiation

CIFR

Macquarie Initiates Coverage On Cipher Mining with Outperform Rating, Announces Price Target of $6

Macquarie analyst Paul Golding initiates coverage on Riot Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) with a Outperform rating and announces Price Target of $15.

RIOT

Macquarie Initiates Coverage On Riot Platforms with Outperform Rating, Announces Price Target of $15

Macquarie analyst Paul Golding initiates coverage on MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Outperform rating and announces Price Target of $22.

MARA

Macquarie Initiates Coverage On MARA Holdings with Outperform Rating, Announces Price Target of $22

Liberty Broadband Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDK#NASDAQ">LBRDK</a>) shares climbed Tuesday after the company announced it communicated a counterproposal to the special committee of the board of directors of <a href="https://www.benzinga.com/pressreleases/24/09/b40991012/liberty-broadband-submits-counterproposal-to-charter-for-proposed-business-combination">Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>). </a>
The Details: Liberty Broadband announced on Monday it had outlined the terms of a proposed combination with Charter in an all-stock transaction intended to be tax-free whereby holders of each series of Liberty Broadband common stock would receive 0.2900 of a share of Charter Class A common stock. 
According to the terms of the counterproposal, Charter would assume or refinance Liberty Broadband&#8217;s debt at or prior to closing as well as Liberty Broadband&#8217;s outstanding preferred stock. The proposed transaction includes a closing date of June 30, 2027, or such earlier date as the parties shall mutually agree.
Read Next: <a href="https://www.benzinga.com/news/24/09/40991747/snowflake-stock-dips-on-offering-after-hours-what-to-know">Snowflake Stock Dips On Offering After-Hours: What To Know</a>
&#8220;Liberty&#8217;s proposed transaction would rationalize the dual corporate structure between Charter and Liberty Broadband, providing enhanced trading liquidity and removing Liberty Broadband&#8217;s existing governance rights. The certainty of a future transaction would provide clarity to our shareholders and continue our strong partnership with Charter in the interim," said Greg Maffei, Liberty Broadband president and CEO.
Liberty Broadband's shares climbed higher on heavy volume Tuesday with more than 1.3 million shares traded in the session, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.
LBDRA Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Liberty Broadband shares ended Tuesday's session 28.39% higher at $76.87. 
Read Also:
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<li><a href="https://www.benzinga.com/news/24/09/40991529/what-happened-with-palantir-stock-today">What Happened With Palantir Stock Today?</a></li>
</ul>
Photo: Shutterstock

Media

CHTR

LBRDA

LBRDK

What Happened With Liberty Broadband Stock Today?

Offerings

Huntsman Prices Its Offering Of $350M Of Senior Notes Due 2034

Needham analyst Scott Berg downgrades Smartsheet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMAR#NYSE">SMAR</a>) from Buy to Hold.

Downgrades

SMAR

Needham Downgrades Smartsheet to Hold

BBWI

Bath & Body Works To Be Moved To S&P SmallCap 600 Effective Prior To The Open Of Trading On October 1, Replacing Movado Group

JP Morgan analyst Pinjalim Bora downgrades Smartsheet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMAR#NYSE">SMAR</a>) from Overweight to Neutral and lowers the price target from $60 to $56.5.

JP Morgan Downgrades Smartsheet to Neutral, Lowers Price Target to $56.5

Actelis Networks, Inc. (ASNS) has issued an update. Actelis Networks, Inc. has announced its plan to acquire a majority stake of 61% to 75% in Qual...

Actelis Networks Eyes Majority Stake in Quality Industrial Corp

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Actelis Networks (NASDAQ:<a href="https://investorplace.com/stock-quotes/asns-stock-quote/">ASNS</a>) just reported results for the second quarter of 2024.<ul><li>Actelis Networks reported earnings per share of -1 cent.</li><li>The company reported revenue of $3.43 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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ASNS Stock Earnings: Actelis Networks Reported Results for Q2 2024

Actelis Networks GAAP EPS of -$0.01, revenue of $3.43M

Actelis Networks, Inc. (ASNS) has shared an announcement. Actelis Networks, Inc. has announced plans to acquire a majority stake in Quality Industr...

Actelis announces partnership to launch AI-powered cybersecurity SaaS

Actelis Networks, Inc. (ASNS) has issued an update. Actelis Networks, Inc. has made a corporate presentation available on its website, which will b...

Actelis Networks Unveils Investor Communication Strategy

Actelis receives new order for ITS networking in New York City

Actelis Networks, Inc. (ASNS) has provided an update. Actelis Networks, Inc. has announced a deal to acquire a majority stake in Quality Industrial...

Actelis Networks Navigates Acquisition of Quality Industrial Corp

Actelis receives new significant order for U.S. department of aerial transportation

Actelis Networks files for $50M mixed securities shelf

Press Releases

Actelis Networks Expands European Presence for Strategic German Utility Contracts Amid Escalating Cyber Threats (NASDAQ: ASNS)

Actelis Networks Reports Q2 2024 Results: 372% Sequential Revenue Growth, 81% Year-Over-Year Increase, and Positive EBITDA

Actelis Networks Inc at August 20th Virtual Investor Summit Microcap Event

Morning Brief: Actelis Networks (ASNS) Achieves Positive EBITDA and Major Revenue Growth Q2 2024

Actelis Announces Strategic Partnership to Launch AI-Powered Cybersecurity SaaS for IoT Networks

QIND Appoints New Independent Registered Public Accounting Firm and Provides Update

Market Brief: Actelis Networks' Strategic SaaS Move: A Bold Move in IoT Security Shakes the Market

Contracts

Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area

Actelis Networks to Participate in H.C. Wainwright 26th Annual Global Investment Conference

Actelis Receives New Significant Order for Major U.S. Department of Aerial Transportation Agency

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Top Stock Ideas Sent Daily — Join and Gain Your Edge

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Actelis Networks

Actelis Networks (ASNS) Forecast

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