Assertio Holdings Stock (NASDAQ:ASRT), Trade Ideas

Assertio Holdings

Assertio Holdings Inc is a pharmaceutical company. It is engaged in providing solutions to advance patient care in the areas of neurology, orphan and specialty medicines. The company markets three FDA-approved products for various neurological conditions including Gralise, tablets for the management of postherpetic neuralgia; CAMBIA, for acute treatment of migraine attacks with or without aura in adults of age or older; and Zipsor, liquid-filled capsules for relief of mild to moderate pain.

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Shares of Asana, Inc. (NYSE: ASAN) fell sharply during Tuesday’s session following soft FY25 revenue guidance.

Why Asana Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday&#39;s Mid-Day Session

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	Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares climbed 83.5% to $0.4169 after reporting first-quarter results.


Why AMC Entertainment Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

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	Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares surged 111.9% to $0.4810 in pre-market trading after reporting first-quarter results.


Why AppLovin Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket

Assertio Holdings Inc

<a href="https://www.benzinga.com/topic/california-cannabis">California-based</a> cannabis company&nbsp;Lowell Farms Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/lowlf#OTC">LOWLF</a>)
released its financial and operational results on Tuesday afternoon for the first quarter of 2024, ending March 31.
The company reported a 35% decrease in net revenue, which fell to $4.9 million from $7.5 million in the same quarter last year. However, <a href="https://www.benzinga.com/markets/cannabis/23/11/35789904/cannabis-growers-rough-year-q3-earnings-show-28-revenue-plunge-but-sheds-millions-in-debt">net revenue</a> showed a 35% increase from $3.6 million in Q4 2023.
<a href="https://www.benzinga.com/general/biotech/23/03/31227249/from-controversial-to-profitable-why-nestl-procter-gamble-pepsico-and-other-cpg-brands-should-emb">Consumer packaged goods (CPG)</a> revenue dipped 11% year-over-year but rose 10% from the previous quarter. Bulk product revenue dropped 73% year-over-year and 66% from Q4 2023. Revenue from Lowell Farm Services (LFS) decreased 41% year-over-year and 93% from the previous quarter.
Mark Ainsworth, co-founder and CEO, <a href="https://ir.lowellfarms.com/news-events/press-releases/detail/123/lowell-farms-inc-announces-unaudited-first-quarter-2024">remarked</a>, &quot;Our recent strategic decisions have bolstered our manufacturing and distribution capabilities, allowing us to navigate the industry landscape. By optimizing efficiencies, we&rsquo;re poised for steady growth and positive impact.&quot;
<h3>Financial Losses Improve Despite Gross Margin Challenges</h3>
<ul>
<li>Lowell Farms reported a gross loss of $0.8 million for the quarter, translating to a negative <a href="https://www.benzinga.com/markets/cannabis/24/03/37986890/lowell-farms-navigates-challenging-terrain-with-35-revenue-dip-a-look-at-2023s-financial-outcome">gross margin</a> of 17%, primarily due to the company&#39;s exit from its cultivation facility.&nbsp;This means the company faced significant financial challenges as it transitioned away from cultivation, impacting its overall profitability.&nbsp;</li>
<li>The operating loss for Q1 2024 was $2.9 million, compared to $2.4 million in Q1 2023 and $9.6 million in Q4 2023.</li>
<li>The net loss for the quarter was $2.9 million, an improvement from the $4.0 million net loss in the same quarter last year (27.5% YoY) and better than the $13.1 million net loss in Q4 2023 (77.9% QoQ).</li>
<li>Adjusted EBITDA stood at negative $1.1 million, consistent with the same quarter last year but an improvement from negative $4.1 million in the previous quarter.</li>
</ul>
To learn more about the cannabis business and how to invest in the sector,&nbsp;don&#39;t miss the opportunity to join us at the&nbsp;<a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" target="_blank">19th Benzinga Cannabis Capital Conference</a>&nbsp;in Chicago this October 8-9. Engage with top executives, investors, policymakers, and advocates to explore the industry&#39;s future. Secure your tickets now before prices increase by following&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank">this link</a>.
Photo: AI-Generated Image.&nbsp;

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LOWLF

Lowell Farms Reports 35% Revenue Drop In Q1: Following Cannabis Cultivation Exit, Net Loss Down 27.5%

Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) proponents might still be optimistic about a spot ETF approval but analysts tracking the developments increased the odds of a rejection by the SEC.
What Happened: Analyzing a March filing submitted by BlackRock Inc. to the SEC over its ETF application, finance lawyer Scott Johnson discovered &#8220;official&#8221; signals of the regulator viewing Ethereum as a security.
The SEC while delaying the approval, also sought public feedback on whether the applicant properly filed its ETF listing proposal as a commodity.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Looks like odds just went up for SEC to deny Ethereum ETFs by claiming <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> is a security. Not a guarantee that they will do this but i think this almost guarantees that the SEC is at least considering it. (not groundbreaking but first i&#39;ve seen in public SEC documents) <a href="https://t.co/JK7M9G9Ttu">https://t.co/JK7M9G9Ttu</a>
&mdash; James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1790363090782949580?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
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Johnson noted that this question was asked for all the ETF filings and never for any Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) spot/futures ETF product.&nbsp;
"The obvious purpose is to potentially deny on the basis that these spot filings are improperly filed as commodity-based trust shares and do not qualify if they are holding a security," he added.
Responding to his findings, Bloomberg analyst James Seyffart increased the likelihood of a spot ETH ETF rejection, convinced that the regulator was considering the security question for ETH.&nbsp;
Bloomberg ETF analyst Eric Balchunas entered the discussion as well, emphasizing, "Our odds of approval remain the same: slim to none."
Why It Matters: The SEC is due to decide on VanEck's spot Ether ETF by May 23 &#8211; the final deadline for the first batch of proposals enabling investors to bet on the spot price of the world's second-largest cryptocurrency.&nbsp;
Ethereum&#8217;s status has become the major sticking point, with the SEC <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38520739/consensys-alleges-sec-covertly-targeted-ethereum-sparking-legal-battle">allegedly launching a covert operation</a> to brand the cryptocurrency as a security. A rejection might pose further pain for the asset, already hampered by a sluggish market in recent weeks.
Price Action: At the time of writing, ETH was exchanging hands at $2,888.08, following a 2.16% drop in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38834252/bitcoin-ethereum-dogecoin-dip-as-wholesale-prices-breach-estimates-analyst-explores-possib">Bitcoin, Ethereum, Dogecoin Dip As Wholesale Prices Breach Estimates: Analyst Explores Possibilities Of A Bitcoin Jump To $68K</a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Ethereum Spot ETF Approval Odds Decrease For Later This Month As Analyst Points Out SEC 'Considering the Security Question for the Asset'

On Tuesday, Cathie Wood&#8217;s Ark Invest made some significant trades, notably buying shares of Shopify Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) and selling off Block Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>) stocks.
The Shopify Trade
Ark Invest&#8217;s ETFs, including Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>), ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>), purchased a total of 105,034 shares of Shopify. The move came after Shopify&#8217;s <a href="https://www.benzinga.com/markets/equities/24/05/38721307/cathie-woods-ark-invest-purchases-over-30m-of-shopify-shares-amid-q1-numbers-driven-plunge-adds-">first-quarter earnings report</a>, which was released earlier in the month. The trade was valued at approximately $6.09 million, based on Shopify&#8217;s closing price of $58.03 on Tuesday.
Notably, this is the second day in running that Ark Invest has piled on Shopify shares. On Monday, the Wood-led firm added shares worth $18 million to its portfolio.
The Block Inc Trade
On the same day, Ark Invest sold a total of 210,591 shares of Block across its ARKF, ARKK, and ARKW ETFs. The trade was valued at approximately $15 million, based on the Jack Dorsey-led company&#8217;s closing price of $71.20 on Tuesday.
See Also: <a href="https://www.benzinga.com/markets/equities/24/05/38807245/big-short-fame-investor-expects-elon-musks-tesla-shares-to-plunge-70-people-are-going-to-start-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Big Short&#8217; Fame Investor Expects Elon Musk&#8217;s Tesla Shares To Plunge 70%: &#8216;People Are Going To Start To L</a>
Block had recently reported its first-quarter financial results, which beat the analyst consensus estimate. The company&#8217;s shares rose after the announcement. For more details on Block&#8217;s first-quarter earnings and strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) investment, refer to this <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38599124/block-stock-soars-on-q1-earnings-strategic-bitcoin-investment-details">Benzinga report</a>.
On Tuesday, Bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38834252/bitcoin-ethereum-dogecoin-dip-as-wholesale-prices-breach-estimates-analyst-explores-possib">prices dipped</a>, failing to hold on to gains from the previous day, after wholesale inflation data came in higher than expected.
Other Key Trades: 
<ul>
<li>Ark Invest bought shares of Roblox Corp (RBLX) and shares of Intellia Therapeutics Inc (NTLA). </li>
<li>The firm sold shares of Velo3D Inc (VLD) and shares of Kratos Defense and Security Solutions Inc (KTOS). </li>
<li>Ark Invest also bought stock of Iridium Communications Inc (IRDM).</li>
</ul>
Read Next: <a href="https://www.benzinga.com/markets/equities/24/05/38787490/gamestop-shares-surge-as-roaring-kitty-resurfaces-after-3-year-silence?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">GameStop Shares Surge As &#8216;Roaring Kitty&#8217; Resurfaces After 3-Year Silence</a>
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Cathie Wood-Led Ark Invest Continues Shopping For Shopify Stock, Sells $15M Worth Of Jack Dorsey's Block Shares Amid Bitcoin Price Drop

OpenAI Chief Scientist Ilya Sutskever has announced his departure from the company. This development comes after a series of significant events at the artificial intelligence giant.
What Happened: Sutskever, a key member of the company&#8217;s founding team, revealed his decision to leave OpenAI after nearly a decade. He expressed confidence in the company&#8217;s ability to develop artificial general intelligence under the leadership of the current CEO, Sam Altman, and other executives. 
"After almost a decade, I have made the decision to leave OpenAI," Sutskever wrote on X. "The company's trajectory has been nothing short of miraculous."<a href="https://archive.is/o/g4MYb/https://twitter.com/ilyasut/status/1790517455628198322?ref_src=twsrc^tfw&#x7C;twcamp^tweetembed&#x7C;twterm^1790517455628198322&#x7C;twgr^94e06983e93aa4c55de44874a0dc2ee1536f7e26&#x7C;twcon^s1_&amp;ref_url=https://www.bloomberg.com/news/articles/2024-05-14/openai-chief-scientist-ilya-sutskever-is-leaving-the-company" target="_blank" rel="noreferrer noopener"></a>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">After almost a decade, I have made the decision to leave OpenAI.  The company's trajectory has been nothing short of miraculous, and I'm confident that OpenAI will build AGI that is both safe and beneficial under the leadership of <a href="https://twitter.com/sama?ref_src=twsrc%5Etfw">@sama</a>, <a href="https://twitter.com/gdb?ref_src=twsrc%5Etfw">@gdb</a>, <a href="https://twitter.com/miramurati?ref_src=twsrc%5Etfw">@miramurati</a> and now, under the…
&mdash; Ilya Sutskever (@ilyasut) <a href="https://twitter.com/ilyasut/status/1790517455628198322?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
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Altman, in a post on X said, &#8220;Ilya and OpenAI are going to part ways. This is very sad to me.&#8221; He described Sutskever as &#8220;easily one of the greatest minds of our generation, a guiding light of our field, and a dear friend.&#8221; Sutskever has revealed that he is working on a project that is &#8220;very personally meaningful&#8221; for him.
Sutskever&#8217;s position will be assumed by the current Research Director, Jakub Pachocki.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Ilya and OpenAI are going to part ways. This is very sad to me; Ilya is easily one of the greatest minds of our generation, a guiding light of our field, and a dear friend. His brilliance and vision are well known; his warmth and compassion are less well known but no less…
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1790518031640347056?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
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Sutskever, who was initially hired by Elon Musk when the company was established in 2015, played a pivotal role in the <a href="https://www.benzinga.com/news/23/11/35867612/elon-musk-very-worried-about-openai-boardroom-battle-ilya-sutskever-wouldnt-take-such-drastic-action">removal of Altman</a> as CEO in November. However, after Altman&#8217;s reinstatement, Sutskever announced that he would not return to his former position as a board member. The company was reportedly discussing alternative roles for him.
See Also: <a href="https://www.benzinga.com/news/24/05/38689467/elon-musk-isnt-sure-apples-showed-its-entire-30b-r-d-prowess-with-new-ipads-maybe-they-have-some-sec?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Isn&#8217;t Sure If Apple Showed Its Entire $30B R&amp;D Prowess With New iPads: &#8216;Maybe They Have Some Secret Products…&#8217;</a>
Pachocki, who has been with OpenAI since 2017, will now take over as the new chief scientist. The company has not yet provided any comments on Sutskever&#8217;s departure.
Why It Matters: Sutskever&#8217;s departure comes at a time when OpenAI is making significant strides in the AI industry. The company <a href="https://www.benzinga.com/news/24/05/38809935/openai-just-dropped-gpt-4o-and-these-10-examples-show-it-could-completely-change-ai-chatbot-game">recently unveiled GPT-4o</a>, a new and improved version of its chatbot, which has the potential to revolutionize the AI chatbot game.
However, Sutskever&#8217;s departure could raise questions about the company&#8217;s future direction, especially given his influential role in OpenAI&#8217;s history. His exit follows a period of speculation about his whereabouts, which arose after the <a href="https://www.benzinga.com/news/24/03/37814793/sam-altman-laughs-off-speculation-about-openais-ilya-sutskevers-whereabouts-i-really-hope-we-work-to">dramatic ouster</a> of Altman in November. The company&#8217;s future trajectory and its ability to maintain its position as an AI industry leader will be closely watched in the wake of this development.
Read Next: <a href="https://www.benzinga.com/news/24/05/38806678/elon-musk-shrugs-off-openais-latest-announcement-after-x-user-says-that-99-of-the-economy-will-be-ai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Shrugs Off OpenAI&#8217;s Latest Announcement After X User Says That 99% Of The Economy Will Be AI Chatbots Talking To Each Other: &#8216;Not At This Ridiculously Slow Bit Rate&#8217;</a>
Image Via Shutterstock 
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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OpenAI Chief Scientist Ilya Sutskever Steps Down, CEO Sam Altman Calls Him A Guiding Light Of AI Field: 'Very Sad To Me'

On Tuesday, major U.S. stock indices closed higher, with the Dow Jones Industrial Average increasing by 0.3% to 39,558.11 and the S&amp;P 500 climbing 0.5% to 5,246.68. The Nasdaq also advanced, rising 0.75% to 16,511.18.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)
GameStop shares soared by 59.84%, closing at $48.75. The stock hit an intraday high of $64.83 and a low of $36. Its 52-week high and low are $64.83 and $9.95 respectively. The company, along with AMC Entertainment Holdings, was poised for another strong session, according to CNBC's Mad Money host Jim Cramer. He said both companies could use the stock surge to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38815078/jim-cramer-bets-cash-strapped-amc-gamestop-may-issue-shares-to-capitalize-on-new-me">raise capital</a> through public offerings.
AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)
AMC Entertainment shares jumped by 30.98%, closing at $6.85. The stock&#8217;s intraday high was $11.88 and the low was $5.85. Its 52-week high and low are $62.3 and $2.38 respectively. The company&#8217;s stock price surged by 121% in pre-market trading, marking a revival of the <a href="https://www.benzinga.com/news/24/05/38814104/gamestop-up-triple-digits-premarket-is-2021-meme-stock-rally-back">meme stock phenomenon</a>. 
See Also: <a href="https://www.benzinga.com/markets/equities/24/05/38787490/gamestop-shares-surge-as-roaring-kitty-resurfaces-after-3-year-silence?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">GameStop Shares Surge As &#8216;Roaring Kitty&#8217; Resurfaces After 3-Year Silence</a>
Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>)
Plug Power shares climbed by 19.03%, closing at $3.44. The stock&#8217;s intraday high was $4.90 and the low was $3.42. Its 52-week high and low are $13.44 and $2.25 respectively. The company announced a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38822667/plug-power-analyst-says-loan-commitment-de-risks-hydrogen-stock">loan commitment</a> from the U.S. Department of Energy (DOE), which comes at a time when investors were concerned about the need to secure dilutive financing. 
Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>)
Rumble shares rose by 2.44%, closing at $7.15. The stock&#8217;s intraday high was $7.40 and the low was $6.94. Its 52-week high and low are $11.25 and $3.33 respectively. The video-sharing platform reported <a href="https://www.benzinga.com/news/earnings/24/05/38829726/rumble-q1-earnings-highlights-revenue-miss-eps-miss-lawsuit-filed-against-google">first-quarter revenue</a> of $17.7 million, up 1% year-over-year, but missed a Street consensus estimate of $18.3 million. 
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares increased by 3.29%, closing at $177.55. The stock&#8217;s intraday high was $179.49 and the low was $174.07. Its 52-week high and low are $299.29 and $138.8 respectively. The electric car giant is <a href="https://www.benzinga.com/government/24/05/38825756/tesla-sued-in-california-for-environmental-violations">facing a lawsuit</a> filed by the Environmental Democracy Project, accusing Tesla of repeatedly breaching the federal Clean Air Act. 
Photo by Phongphan on Shutterstock
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Read Next: <a href="https://www.benzinga.com/government/24/05/38781945/chuck-schumer-says-trump-might-be-hosting-dinners-for-big-oil-execs-but-ftc-should-side-with-consume?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chuck Schumer Says Trump Might Be &#8216;Hosting Dinners For Big Oil Execs&#8217; But FTC Should Side With Consumers</a>
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 Engineered by 
 Benzinga Neuro, Edited by 
 
 <a href="None" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none"> 
 Shivdeep Dhaliwal</a> 
 
 
<hr style="border: 0;height: 1px;background: #225aa9" />

 The GPT-4-based Benzinga Neuro content generation system exploits the 
 extensive Benzinga Ecosystem, including native data, APIs, and more to 
 create comprehensive and timely stories for you. 
 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Learn more.</a>
 
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PLUG

TSLA

GameStop, AMC, Plug Power, Rumble, Tesla: Why These 5 Stocks Are Investors' Radars Today

Major cryptocurrencies inched lower on Tuesday on higher-than-expected wholesale inflation data for last month.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded 8:30 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-2.10%</td>
<td>$61,719.45</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>-2.11%</td>
<td>$2,890.58</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>-1.67%</td>
<td>$0.1467</td>
</tr>
</tbody>
</table>
</figure>
What Happened: World's largest cryptocurrency, Bitcoin slipped below $62,000, failing to sustain its gains from the previous trading day. 
The market dip triggered $144 million in liquidations in the last 24 hours, with long liquidations touching $114 million. Bitcoin led the pack with $39.5 million in liquidations.&nbsp;
The price drop influenced the derivatives market's sentiment as traders taking short positions on Bitcoin sharply increased vis à vis those gunning for price increases in the last 24 hours.
The negative sentiment permeated as the U.S. Bureau of Labor Statistics reported a 0.5% increase in wholesale prices in April, higher than analysts' estimates, lowering expectations of an interest rate cut by the Federal Reserve
Top Gainer (24 Hour)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded 8:30 p.m. EDT)</td>
</tr>
<tr>
<td>Ethena (ENA)</td>
<td>+4.10%</td>
<td>$0.8947</td>
</tr>
<tr>
<td>Lido DAO (LDO)</td>
<td>+3.11%</td>
<td>$1.97</td>
</tr>
<tr>
<td>UNUS SED LEO (LEO)</td>
<td>+2.61%</td>
<td>$5.93</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market cap stands at $2.24 trillion, shrinking 2.12% in the past 24 hours.
In contrast, the equities market surged on the day. The Dow Jones Industrial Average added 126.60 points, or 0.32%, to close at 39,558.11. The S&amp;P 500 gained 0.48% to end the trading session at 5,246.68 points. The tech-heavy Nasdaq Composite closed at a record high of 16,511.18, following a 0.75% uptick.
Investors chose not to overreact to the hotter-than-expected wholesale inflation data ahead of the more significant consumer price index data, slated to be released on Wednesday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: According to on-chain analytics firm Santiment, bearish sentiment for large-cap cryptocurrencies was on the rise, as they failed to recover strongly. The firm also blamed <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38808167/crypto-exchange-coinbase-assures-funds-are-safe-after-3-hour-outage-creates-brief-panic">Coinbase&#8217;s recent downtime</a> for fueling the FUD.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f612; Crowd negativity is very prevalent among top caps as they have failed to show sustained rebounds to keep traders interested. <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw">#Coinbase</a>&#39;s outages and withdrawal freezes appear to be exacerbating this. <a href="https://twitter.com/hashtag/FUD?src=hash&amp;ref_src=twsrc%5Etfw">#FUD</a> could be big enough to propel a rebound soon. <a href="https://t.co/lntwhLetB1">https://t.co/lntwhLetB1</a> <a href="https://t.co/TRmSEM4LhX">pic.twitter.com/TRmSEM4LhX</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1790404893922205861?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
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However, Santiment added that rising negativity may play a significant role in accelerating a market recovery.
Prominent technical analyst Kevin spotted a falling wedge pattern for Bitcoin, noting, "BTC is currently compressed between a ton of support and resistance and it&#8217;s gonna pop one way or the other within days."
The researcher pointed out that an upward breakout from this zone may propel the coin to $68,400, exceeding which could lead to price discovery. To the contrary, a breakout to the downside might see Bitcoin plummeting to $50,000–$52,000.
<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">Update on <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> daily chart. BTC is currently compressed between a ton of support and resistance and its gonna pop one way or the other within days. Even though its not well defined I guess you can say we are in this falling wedge type pattern or a bull flag. 100 EMA is below with… <a href="https://t.co/ZM4csGBnBX">pic.twitter.com/ZM4csGBnBX</a>
&mdash; Kevin (@Kev_Capital_TA) <a href="https://twitter.com/Kev_Capital_TA/status/1790534149540843875?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
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Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38819456/ethereums-underperformance-against-bitcoin-solana-means-it-will-need-more-demand-sources-s">Ethereum&#8217;s Underperformance Against Bitcoin, Solana Means It &#8216;Will Need More Demand Sources,&#8217; Says Trader</a>

$DOGE

Bitcoin, Ethereum, Dogecoin Dip As Wholesale Prices Breach Estimates: Analyst Explores Possibilities Of A Bitcoin Jump To $68K

YouTube has announced that it will be blocking access to specific videos, following a Hong Kong court order.
What Happened: YouTube, a subsidiary of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), will be restricting access to 32 video links in Hong Kong, as per a court ruling. The videos contain content that has been deemed inappropriate by the Hong Kong government, reported Reuters.
The prohibited content includes a protest anthem called &#8220;Glory to Hong Kong,&#8221; which the court believes could be used by dissidents to incite secession.
YouTube expressed its disappointment with the court&#8217;s decision, stating that it could raise doubts about Hong Kong&#8217;s commitment to fostering a digital economy and maintaining a business-friendly environment. The company also mentioned that it is considering its options for an appeal.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38818809/meme-stock-surge-bothers-former-sec-chair-as-gamestop-amc-shares-rise-nearly-80-on-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meme Stock Surge &#8216;Bothers&#8217; Former SEC Chair As GameStop, AMC Shares Rise Nearly 80% On Tuesday: &#8216;A Lot Closer To Gambling…Certainly Not Investing&#8217;</a>
The ban will be implemented immediately for viewers in Hong Kong, and the affected videos will eventually be removed from Google Search in the region.
Why It Matters: This move by YouTube is part of a larger trend of tech companies facing challenges related to content censorship and free speech. In April, Elon Musk engaged in a <a href="https://www.benzinga.com/markets/equities/24/04/38477389/elon-musk-take-fight-for-free-speech-abroad-feuds-with-australia-and-brazil-over-content-restric">free speech debate</a> with the governments of Brazil and Australia over their content restrictions. Critics argued that Musk was empowering extremists by selectively challenging cases while complying elsewhere.
Meanwhile, the proposed TikTok ban bill in the U.S. has raised concerns about the potential infringement on the <a href="https://www.benzinga.com/news/24/04/38353060/us-tiktok-ban-bill-would-trample-on-free-speech-rights-of-170m-americans-says-social-media-giant">free speech rights</a> of American users. TikTok has criticized the bill, stating that it would trample the free speech rights of 170 million Americans.
Read Next: <a href="https://www.benzinga.com/insights/options/24/05/38791263/check-out-what-whales-are-doing-with-pltr?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Check Out What Whales Are Doing With PLTR</a>
Image Via Shutterstock 
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Entertainment

Social Media

Politics

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GOOGL

Google To Comply With Court Order Banning Protest Anthem That Infuriated China  — 'Glory To Hong Kong' To Be Taken Down From YouTube

What Happened: On Tuesday, Rep. Marjorie Taylor Greene (R-Ga.) expressed her disapproval of House Speaker Mike Johnson&#8217;s (R-La.) actions amidst former President Donald Trump&#8217;s ongoing hush money trial. Greene suggested that the Speaker should be focusing on defunding Special Counsel for the United States Department of Justice Jack Smith, rather than observing the former president&#8217;s trial.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Speaker of the House should be defunding Jack Smith instead of watching Pres Trump be persecuted by a NY corrupt DA in a politically weaponized judge's courtroom. Pathetic. <a href="https://t.co/Wf7SXfcqIR">https://t.co/Wf7SXfcqIR</a>
&mdash; Rep. Marjorie Taylor Greene&#x1f1fa;&#x1f1f8; (@RepMTG) <a href="https://twitter.com/RepMTG/status/1790392676161917400?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/politics/24/05/38794046/michael-cohen-says-he-never-wanted-to-go-into-law-was-offered-375k-to-work-for-donald-trump-goin?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Cohen Says He Never Wanted To Go Into Law, Was Offered $375K To Work For Donald Trump: &#8216;Going To</a>
Greene&#8217;s post on X, formerly Twitter, was a reaction to a post by journalist Jake Sherman, who shared a photo from Trump&#8217;s trial in which Speaker Johnson can be seen second in line behind Trump.
The trial involves allegations of Trump falsifying business records, with key witness Michael Cohen testifying Monday about <a href="https://www.benzinga.com/general/politics/24/04/38251447/trump-hush-money-trial-preview-key-witnesses-2024-campaign-impact-prison-time-trump-could-face-i">a $130,000 payment</a> made to adult film star Stormy Daniels on behalf of Trump. 
Why It Matters: Greene&#8217;s call to defund Smith is not new. She <a href="https://www.benzinga.com/news/23/09/34660274/marjorie-taylor-greene-slams-jack-smith-for-election-interference-and-violating-trumps-1st-amendment">previously accused</a> Smith of interfering in the 2024 presidential election and violating Trump&#8217;s first amendment rights. Greene has also been vocal in defending Trump in the hush money trial, despite her attempts <a href="https://www.benzinga.com/news/24/04/38261938/marjorie-taylor-greene-attempts-to-defend-trump-in-hush-money-trial-ends-up-bungling-it-up-entirely">sometimes backfiring</a>. 
Smith, in his role as special counsel, has been involved in the case concerning <a href="https://www.benzinga.com/news/24/02/37326200/trump-made-extensive-and-repeated-efforts-to-obstruct-justice-unlike-biden-says-special-counsel-invo">Trump&#8217;s handling of classified documents</a>. A user on X pointed out to Greene that the special counsel has &#8220;nothing to do with this case.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Jack Smith has nothing to do with this case, weirdo.
&mdash; CB— (@ConservBlue2020) <a href="https://twitter.com/ConservBlue2020/status/1790392837026328722?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">Former civil rights lawyer and law professor Alvin Bragg is one of the key prosecutors for the Trump hush money case together with former Justice Department high ranker Matthew Colangelo. Others on the prosecution panel include Joshua Steinglass and Susan Hoffinger.</figcaption></figure>
Other X users reacted sharply to Greene&#8217;s post as well
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f3b6;someone is mad she didn't get an invite&#x1f3b6;
&mdash; Jay Black (@jayblackisfunny) <a href="https://twitter.com/jayblackisfunny/status/1790393442905866544?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo courtesy: Shutterstock
Read Next: <a href="https://www.benzinga.com/news/24/05/38783286/russia-prepared-for-confrontation-with-west-over-ukraine-says-lavrov-if-they-want-it-to-be-on-the-ba?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Russia Prepared For Confrontation With West Over Ukraine, Says Lavrov: &#8216;If They Want It To Be On The Battlefield, It Will Be On The Battlefield&#8217;</a>
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General

Marjorie Taylor Greene Slams Mike Johnson For Observing Trump Hush Money Case Instead Of 'Defunding' Jack Smith — Faces Sharp Backlash From X Users

The Federal Bureau of Investigation and the Department of Homeland Security have issued a public alert indicating that foreign terrorist organizations may target LGBTQ events and venues during Pride Month in June, as reported by <a href="https://www.usatoday.com/story/news/politics/2024/05/14/fbi-dhs-terror-groups-target-lgbtq-events/73688761007/">USA Today</a> on Friday.
While the joint statement, dated May 10, does not mention any specific threats or intelligence, it highlights the efforts by foreign terrorist organizations to commit or inspire violence against holiday celebrations, including Pride events or LGBTQ-related venues. This is further compounded by the current heightened threat environment in the United States and other western countries.
&#8220;We urge the public to stay vigilant and to promptly report suspicious activity to their local law enforcement,&#8221; said a DHS official, according to the report.
The alert also points out that these foreign groups and their supporters have previously promoted anti-LGBTQ rhetoric and targeted LGBTQ-related events or venues for attacks. &#8220;We continue to work with our partners to evaluate the threat environment, provide updates to the American public, and protect our homeland,&#8221; a DHS official told USA Today.
See Also: <a href="https://www.benzinga.com/news/24/05/38780420/robert-kennedy-jr-a-maga-crazy-republican-who-could-draw-votes-away-from-gop-says-former-congressman?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Robert Kennedy Jr. A &#8216;MAGA Crazy Republican&#8217; Who Could Draw Votes Away From GOP, Says Former Congressman:</a>
The FBI, in a statement, assured that it will continue to closely monitor potential threats to public safety and share information with local, state, and federal law enforcement partners.
Authorities also drew attention to the fact that June 12 marks the eighth anniversary of the Pulse Nightclub Orlando shooting, a tragic event that was celebrated by foreign terrorist organization supporters.
Law enforcement officials have urged Pride event organizers and attendees to stay vigilant for violent threats made online, in person, or by mail, and to report any suspicious activity to their local FBI field office.
Photo via Shutterstock.
Read Next: <a href="https://www.benzinga.com/news/24/05/38776647/elon-musk-berates-gavin-newsom-after-california-governor-discloses-plans-to-cut-10-000-vacant-state?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Berates Gavin Newsom After California Governor Discloses Plans To Cut 10,000 Vacant State Jobs</a>
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 extensive Benzinga Ecosystem, including native data, APIs, and more to 
 create comprehensive and timely stories for you. 
 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Learn more.</a>
 
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FBI Warns Of Potential Terrorist Threats To LGBTQ Events During Pride Month: 'Stay Vigilant And Promptly Report Suspicious Activity'

Google&#8216;s parent company, Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), is making significant strides in artificial intelligence, according to a top analyst.
What Happened: Gene Munster, a tech analyst at Deepwater Asset Management, shared his insights on <a href="https://www.benzinga.com/news/24/05/38826439/at-google-io-2024-sundar-pichai-and-team-announces-new-gemini-models-project-astra-ai-fraud-protecti">Google&#8217;s I/O 2024</a> keynote in a recent post on X. Munster highlighted three key takeaways from the event.
Firstly, Munster noted that Google is approximately six months behind OpenAI in terms of AI development, but is still about five years ahead of the rest of the industry. He observed that Google&#8217;s AI progress is evident in its generative and agentic AI technologies. 
He wrote, &#8220;They&#8217;re about 6 months behind OpenAI and about 5 years ahead of everyone else.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/05/38806678/elon-musk-shrugs-off-openais-latest-announcement-after-x-user-says-that-99-of-the-economy-will-be-ai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Shrugs Off OpenAI&#8217;s Latest Announcement After X User Says That 99% Of The Economy Will Be AI Chatbots Talking To Each Other: &#8216;Not At This Ridiculously Slow Bit Rate&#8217;</a>
Secondly, Munster pointed out that Google is set to roll out its AI, Gemini, across its entire product lineup, including Search, Photos, Workplace, Gmail, Android, and cameras. This move aligns with Google&#8217;s 2017 declaration of becoming an AI-first company.
Lastly, Munster addressed the potential impact of generative search on Google&#8217;s advertising business. He mentioned that Google is introducing AI Overview, a revamped version of the Search Generative Experience, to all U.S. Google Search users. Despite this significant rollout, Munster noted that Google has not provided specific details on how it plans to monetize this feature.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Three takeaways from the <a href="https://twitter.com/search?q=%24GOOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GOOG</a> I/O Keynote: 1) They&#39;re about 6 months behind OpenAI and about 5 years ahead of everyone else. What they showed today had all the markings of transformation but most were recorded demos versus OpenAI which showed live demos. The bottom line is…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1790490989523529993?ref_src=twsrc%5Etfw">May 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Why It Matters: The I/O Keynote follows a series of significant developments at Google. Just a day before the I/O Keynote, Munster had predicted that OpenAI could pose a significant challenge to <a href="https://www.benzinga.com/news/24/05/38806462/googles-search-business-could-be-challenged-by-openai-says-gene-munster-its-a-function-of-time">Google&#8217;s search business</a>. Despite this, the I/O Keynote suggests that Google is making substantial progress in the AI space, potentially strengthening its position against OpenAI.
Moreover, the I/O Keynote also aligns with the expectations of analysts like Justin Patterson who anticipated that the event would reinforce Alphabet&#8217;s meaningful scale and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38825276/google-io-2024-to-spotlight-ai-innovations-and-new-monetization-opportunities-analy">create new monetization opportunities</a> through AI innovations. The widespread rollout of Gemini and the AI Overview feature are in line with this expectation, indicating that Google is actively pursuing new monetization strategies.
Read Next: <a href="https://www.benzinga.com/news/24/05/38689467/elon-musk-isnt-sure-apples-showed-its-entire-30b-r-d-prowess-with-new-ipads-maybe-they-have-some-sec?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Isn&#8217;t Sure If Apple Showed Its Entire $30B R&amp;D Prowess With New iPads: &#8216;Maybe They Have Some Secret Products…&#8217;</a>
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Google Is 6 Months Behind ChatGPT-Parent OpenAI In Artificial Intelligence But 'About 5 Years Ahead Of Everyone Else,' Says Gene Munster

North Korean leader Kim Jong Un has reportedly supervised the installation of a new tactical missile weapons system.
What Happened: Kim expressed satisfaction with the missile system&#8217;s production progress in the first half of the year. The North Korean leader stressed the importance of meeting this year&#8217;s military production plan, which he believes will significantly enhance the military&#8217;s war readiness, reported Reuters citing KCNA.
According to KCNA, the missile launchers produced during the first half of the year will be placed at western fire strike units responsible for &#8220;important fire strike missions.&#8221;
Kim&#8217;s inspection of the country&#8217;s artillery weapon system and his presence at the test-firing of such weapons occurred just last week.
See Also: <a href="https://www.benzinga.com/general/politics/24/05/38804590/trump-vs-biden-new-swing-state-poll-reveals-winner-one-key-2024-election-issue-could-influence-r?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Biden: New Swing State Poll Reveals Winner, One Key 2024 Election Issue Could Influence Result</a>
Why It Matters: This development is part of a series of military advancements made by North Korea this year. In March, North Korea <a href="https://www.benzinga.com/news/24/03/37770000/kim-jong-uns-north-korea-fires-missiles-amid-blinkens-seoul-visit-japan-says-absolutely-unacceptable">fired ballistic missiles</a> into the sea during a visit by U.S. Secretary of State Antony Blinken to Seoul. This was followed by the successful testing of a solid-fuel engine for a new hypersonic missile, marking a significant step forward in North Korea&#8217;s missile technology.
Then in April, Kim <a href="https://www.benzinga.com/news/24/04/38062322/kim-jong-un-supervises-launch-of-difficult-to-intercept-hypersonic-missile-says-north-korea-fully-ca">supervised</a> the launch of a new mid- to long-range solid-fuel, hypersonic missile, as reported by Benzinga. This was followed by the testing of a <a href="https://www.benzinga.com/news/24/05/38776689/kim-jong-un-intensifies-north-koreas-military-arsenal-tests-new-rocket-launch-system-report">new multiple rocket launch system</a> aimed at South Korean population centers.
Photo by Alexander Khitrov on Shutterstock
Read Next: <a href="https://www.benzinga.com/news/24/05/38779447/biden-vs-trump-matchup-in-this-traditionally-red-state-shows-republican-partys-lead-could-shrink-due?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Biden Vs. Trump Matchup In This Traditionally Red State Shows Republican Party&#8217;s Lead Could Shrink Due To This Factor</a>
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Kim Jong Un Reportedly Supervises Tactical Missile System Installation Responsible For 'Important Fire Strike Missions'

Major airlines have initiated a lawsuit against a new rule that mandates them to disclose additional fees upfront. This action has elicited a strong reaction from Transportation Secretary Pete Buttigieg.
What Happened: The lawsuit was launched by Airlines for America, a trade association, and several major airlines, including Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), American Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), United Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>), Hawaiian Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>), and Alaska Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), <a href="https://thehill.com/policy/transportation/4664215-buttigieg-speechless-as-airlines-sue-over-new-fee-rules/">reported</a> The Hill.
The airlines are contesting the new rule, arguing that revealing extra fees before ticket purchase will &#8220;greatly confuse consumers&#8221; and &#8220;complicate the buying process.&#8221;
Buttigieg, however, expressed astonishment at the lawsuit, stating, &#8220;We just issued a rule requiring airlines to inform you, before you buy a ticket, of fees they will charge you. Now, the airline lobby is suing us, saying that if you have the right to that information it will ‘confuse' you. For once, I am speechless."
The Department of Transportation has pledged to &#8220;vigorously defend&#8221; the rule, which is intended to protect consumers from &#8220;hidden junk fees&#8221; and ensure full price transparency before ticket purchase.
The Biden administration finalized the rule last month, with Buttigieg asserting that it will save passengers over half a billion dollars a year in unnecessary or unexpected fees.
See Also: <a href="https://www.benzinga.com/government/24/05/38781945/chuck-schumer-says-trump-might-be-hosting-dinners-for-big-oil-execs-but-ftc-should-side-with-consume?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chuck Schumer Says Trump Might Be &#8216;Hosting Dinners For Big Oil Execs&#8217; But FTC Should Side With Consumers</a>
Why It Matters: This lawsuit comes after a <a href="https://www.benzinga.com/markets/equities/24/04/38412947/airline-passenger-rights-elevated-biden-administration-enforces-refund-rule">series of confrontations</a> between the airlines and the Biden administration. The Biden-Harris Administration had previously enforced a rule requiring airlines to swiftly issue automatic cash refunds to passengers. 
In May it was reported that the Biden administration demanded that <a href="https://www.benzinga.com/markets/equities/24/05/38797099/airlines-challenge-biden-administration-over-fee-disclosure-rule-report">airlines disclose</a>, upfront, the fees that they impose on fliers.
Photo Courtesy: Rich Koele On Shutterstock.com
Read Next: <a href="https://www.benzinga.com/news/24/05/38776647/elon-musk-berates-gavin-newsom-after-california-governor-discloses-plans-to-cut-10-000-vacant-state?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Berates Gavin Newsom After California Governor Discloses Plans To Cut 10,000 Vacant State Jobs</a>
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JBLU

Pete Buttigieg Left 'Speechless' After Airlines Sue Biden Administration Over New Fees Regulations

Former U.S. President Jimmy Carter&#8216;s health is deteriorating, as revealed by his grandson, Jason Carter.
What Happened: Jason Carter provided an update on his grandfather&#8217;s health at a mental health forum named after his late grandmother, former first lady Rosalynn Carter, as reported by <a href="https://edition.cnn.com/2024/05/14/politics/jimmy-carter-health-update/index.html">CNN</a> on Tuesday. &#8220;He has been in hospice, as you know, for almost a year and a half now, and he really is, I think, coming to the end,&#8221; Jason Carter said.
Jimmy Carter, who is now 99, became the oldest living president in history after the death of George H.W. Bush in 2018. Despite surviving metastatic brain cancer, liver cancer, and numerous health scares, including brain surgery following a fall in 2019, he entered hospice care in February 2023 after multiple hospital stays.
Jason Carter also spoke about the impact of Rosalynn Carter&#8217;s passing on the family and the former president, expressing gratitude for the outpouring of support they received. Rosalynn Carter was a notable advocate for mental health, a cause that continues to be championed by the Carter family.
The former president&#8217;s health has been a subject of widespread attention in recent years, particularly since his entry into hospice care. Despite his declining physical health, Jason Carter affirmed in a CBS interview in February that his grandfather&#8217;s spirit remains &#8220;as strong as ever.&#8221;
See Also: <a href="https://www.benzinga.com/government/24/05/38781945/chuck-schumer-says-trump-might-be-hosting-dinners-for-big-oil-execs-but-ftc-should-side-with-consume?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chuck Schumer Says Trump Might Be &#8216;Hosting Dinners For Big Oil Execs&#8217; But FTC Should Side With Consumers</a>
Why It Matters: Jimmy Carter, the oldest living president, has been in <a href="https://www.benzinga.com/news/23/08/33600052/jimmy-carter-the-oldest-living-president-redefines-hospice-care-with-his-95-year-old-wife-as-they-en">hospice care</a> at his home in Plains, Georgia since February 2023. His wife, Rosalynn Carter, <a href="https://www.benzinga.com/news/23/11/35861154/jimmy-carters-wife-joins-husband-in-hospice-care-announces-grandson-spending-time-with-each-other">joined him in hospice care</a> in November 2023. She passed away shortly after, as reported by Benzinga.
Jimmy Carter&#8217;s <a href="https://www.benzinga.com/news/23/10/35021801/bill-gates-says-jimmy-carters-lifesaving-work-changed-the-world-forever-on-ex-presidents-99th-birthd">humanitarian contributions</a> have been lauded by influential figures like Bill Gates.
Photo by Nagel Photography on Shutterstock
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38749745/if-you-invested-1-000-in-bitcoin-when-donald-trump-said-the-cryptos-value-was-based-on-thi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">If You Invested $1,000 In Bitcoin When Donald Trump Said The Crypto&#8217;s Value Was &#8216;Based On Thin Air,&#8217; Here&#8217;s How Much You&#8217;d Have Now</a>
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Former President Jimmy Carter's Is 'Coming To The End,' Says Grandson

Family forms the cornerstone of our personal stories and the International Day of Families is the perfect time to honor this bond. Whether your family is big or small, near or far, this day is a great opportunity to express love and gratitude. Below are five heartfelt quotes and wishes you can share with your family to show them just how much they mean to you.
<h3 class="wp-block-heading">Quote 1: The Power of Family</h3>
<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/2024/05/14034745/download-8-1024x585.png" alt="" class="wp-image-336475" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034745/download-8-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034745/download-8-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034745/download-8-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034745/download-8-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034745/download-8.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">A family standing under a tree. Image Generated Using Dall-E 3</figcaption></figure>
&#8220;Family is not an important thing. It&#8217;s everything.&#8221; &#8211; Michael J. Fox. This quote captures the essence of what family truly means. It&#8217;s not just about being related by blood or marriage; it&#8217;s about the people who stand by you without any conditions. Sharing this quote with your family can be a powerful reminder of their irreplaceable value in your life.
<h3 class="wp-block-heading">Quote 2: The Comfort of Home</h3>
<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/2024/05/14034844/download-9-1024x585.png" alt="" class="wp-image-336477" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034844/download-9-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034844/download-9-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034844/download-9-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034844/download-9-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14034844/download-9.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">A family sitting in the comfort of their home Image Generated Using Dall-E 3</figcaption></figure>
&#8220;Home is where the heart is, but it wouldn&#8217;t be home without a family.&#8221; &#8211; Joyce Brothers. This twist on a classic saying emphasizes that it's the people in the house that make it a home. This is a perfect message to send to those who make your house filled with love and warmth, reminding them that they are your heart's true residence.
<h3 class="wp-block-heading">Quote 3: The Strength in Unity</h3>
<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/2024/05/14035032/download-10-1024x585.png" alt="" class="wp-image-336481" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035032/download-10-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035032/download-10-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035032/download-10-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035032/download-10-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035032/download-10.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">A tree representing strength in unity. Image Generated Using Dall-E 3</figcaption></figure>
&#8220;Family is like branches on a tree, we all grow in different directions yet our roots remain as one.&#8221; &#8211; unknown. This quote beautifully illustrates the strength and unity of families. Despite individual differences and paths, the foundational bonds hold strong. It&#8217;s a wonderful sentiment to share, celebrating the diverse beauty of your family tree.
<h3 class="wp-block-heading">Quote 4: The Legacy of Love</h3>
<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/2024/05/14035129/download-11-1024x585.png" alt="" class="wp-image-336483" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035129/download-11-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035129/download-11-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035129/download-11-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035129/download-11-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035129/download-11.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representative image of the legacy of love. Image Generated Using Dall-E 3</figcaption></figure>
&#8220;In family life, love is the oil that eases friction, the cement that binds closer together, and the music that brings harmony.&#8221; — Friedrich Nietzsche. Share this quote to reflect on the soft but strong power of love within your family, which soothes, bonds, and harmonizes.
<h3 class="wp-block-heading">Quote 5: A Wish for Togetherness</h3>
<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/2024/05/14035148/download-12-1024x585.png" alt="" class="wp-image-336484" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035148/download-12-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035148/download-12-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035148/download-12-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035148/download-12-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14035148/download-12.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">A family walking together. Image Generated Using Dall-E 3</figcaption></figure>
&#8220;Here&#8217;s to a family that beams like the sun and binds like the stars. May our connection continue to grow stronger, no matter where we are.&#8221; &#8211; Unknown. Use this wish to convey your hopes and dreams for your family's future, portraying a vivid image of togetherness and strength.
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Celebrate International Day Of Families With These 5 Inspiring Quotes And Warm Wishes For Your Beloved Family

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Have you been lifting weights religiously but not seeing those muscles pop the way you want? You might be scratching your head, wondering why, especially after ramping up your workout intensity. Here&#8217;s a heads-up: the secret to muscle growth might not lie in the repetitions or sets you crush at the gym. Instead, it could all boil down to what happens after you stash away those dumbbells and step out of the gym. 
What you do outside your workout sessions can be just as crucial for bulking up as the effort you put in during those sessions. Here are 10 reasons why you&#8217;re probably not seeing the results you want despite hitting the gym as often as you should:
<h3 class="wp-block-heading">You&#8217;re Not Eating Enough</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082533/why-gym-isnt-working-1-1024x576.jpeg" alt="Muscle isn't built just in the gym—it's cooked up in the kitchen too! Image: Dall-E 3" class="wp-image-334850" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082533/why-gym-isnt-working-1-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082533/why-gym-isnt-working-1-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082533/why-gym-isnt-working-1-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082533/why-gym-isnt-working-1.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Muscle isn&#8217;t built just in the gym — it&#8217;s cooked up in the kitchen too! Image: Dall-E 3</figcaption></figure>
Muscle magic happens in the kitchen too, not just in the gym. If you skimp on protein, carbs, or healthy fats, you&#8217;re not giving your muscles the fuel they need to grow. Make sure your diet is as strong as your deadlift game.
<h3 class="wp-block-heading">Your Weights Aren't Heavy Enough</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082823/why-gym-isnt-working-7-1024x576.jpeg" alt="To get bigger, you've got to lift bigger. Image: Dall-E 3" class="wp-image-334864" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082823/why-gym-isnt-working-7-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082823/why-gym-isnt-working-7-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082823/why-gym-isnt-working-7-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13082823/why-gym-isnt-working-7.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">To get bigger, you've got to lift bigger. Image: Dall-E 3</figcaption></figure>
To build muscle, you need to keep challenging your body by upping the ante. If you're lifting the same weights you did three weeks ago, it's time to bump up the kilograms!
<h3 class="wp-block-heading">Overdoing It or Barely Doing It</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091546/why-gym-isnt-working-12-1024x576.jpeg" alt="Both overtraining and undertraining can hinder muscle growth. Image: Dall-E 3" class="wp-image-334990" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091546/why-gym-isnt-working-12-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091546/why-gym-isnt-working-12-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091546/why-gym-isnt-working-12-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091546/why-gym-isnt-working-12.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Both overtraining and undertraining can hinder muscle growth. Image: Dall-E 3</figcaption></figure>
Find that sweet spot. Hammering your muscles too hard can lead to breakdown, while not pushing them enough means they won't grow. Balance is key, with enough rest and the right amount of challenge.
<h3 class="wp-block-heading">Your Workout Plan Needs a Revamp</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090333/why-gym-isnt-working-11-1024x576.jpeg" alt="Your workout routine may not be optimized for muscle growth. Image: Dall-E 3" class="wp-image-334941" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090333/why-gym-isnt-working-11-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090333/why-gym-isnt-working-11-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090333/why-gym-isnt-working-11-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090333/why-gym-isnt-working-11.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Your workout routine may not be optimized for muscle growth. Image: Dall-E 3</figcaption></figure>
Mix it up! Ensure your workout targets various muscle groups with exercises that call for compound movements. This way, you engage more muscles in every session.
<h3 class="wp-block-heading">Skipping Gym Day</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090648/why-gym-isnt-working-3-1024x576.jpeg" alt="Skipping workouts or not adhering to a regular training schedule can impede muscle growth. Image: Dall-E 3" class="wp-image-334954" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090648/why-gym-isnt-working-3-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090648/why-gym-isnt-working-3-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090648/why-gym-isnt-working-3-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090648/why-gym-isnt-working-3.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Skipping workouts or not adhering to a regular training schedule can impede muscle growth. Image: Dall-E 3</figcaption></figure>
Muscle building needs consistency. If you&#8217;re missing sessions, you&#8217;re missing out on growth. Set a schedule and stick to it.
<h3 class="wp-block-heading">Skimping on Sleep</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090804/why-gym-isnt-working-6-1024x576.jpeg" alt="Muscles need time to repair and grow after intense workouts. Image: Dall-E 3" class="wp-image-334959" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090804/why-gym-isnt-working-6-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090804/why-gym-isnt-working-6-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090804/why-gym-isnt-working-6-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090804/why-gym-isnt-working-6.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Muscles need time to repair and grow after intense workouts. Image: Dall-E 3</figcaption></figure>
Muscles grow when you rest, not when you lift. Give your body enough downtime to repair and grow stronger.
<h3 class="wp-block-heading">It&#8217;s in Your Genes</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090855/why-gym-isnt-working-10-1024x576.jpeg" alt="Genetics play a significant role in how easily individuals build muscle. Image: Dall-E 3" class="wp-image-334966" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090855/why-gym-isnt-working-10-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090855/why-gym-isnt-working-10-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090855/why-gym-isnt-working-10-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090855/why-gym-isnt-working-10.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Genetics play a significant role in how easily individuals build muscle. Image: Dall-E 3</figcaption></figure>
Sometimes, it's about the hand you&#8217;re dealt. Genetics can influence how quickly and easily you pack on muscle, but don't let that be an excuse. You can still make significant gains with the right approach.
<h3 class="wp-block-heading">Stress Eating Into Your Gains</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090941/why-gym-isnt-working-8-1024x576.jpeg" alt="Stress wreaks havoc on your body and can curb muscle growth. Image: Dall-E 3" class="wp-image-334971" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090941/why-gym-isnt-working-8-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090941/why-gym-isnt-working-8-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090941/why-gym-isnt-working-8-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13090941/why-gym-isnt-working-8.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Stress wreaks havoc on your body and can curb muscle growth. Image: Dall-E 3</figcaption></figure>
High stress can lead to high cortisol levels, which might just be eating away at your muscle tissue. Keep stress in check and ensure you're catching enough zzz's.
<h3 class="wp-block-heading">Protein, Where Art Thou?</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091209/why-gym-isnt-working-9-1024x576.jpeg" alt="Hitting your daily protein needs, your muscles won't have enough to repair and grow. Image: Dall-E 3" class="wp-image-334980" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091209/why-gym-isnt-working-9-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091209/why-gym-isnt-working-9-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091209/why-gym-isnt-working-9-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091209/why-gym-isnt-working-9.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Hitting your daily protein needs, your muscles won't have enough to repair and grow. Image: Dall-E 3</figcaption></figure>
This macronutrient is crucial for muscle repair. If your protein intake isn't up to par, your muscle recovery won't be either. Time to amp up those protein shakes or chow down on more chicken breasts.
<h3 class="wp-block-heading">Time Isn't Always Kind</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091340/why-gym-isnt-working-5-1024x576.jpeg" alt="Building muscle gets tougher as you age. But it's not impossible. Image: Dall-E 3" class="wp-image-334983" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091340/why-gym-isnt-working-5-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091340/why-gym-isnt-working-5-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091340/why-gym-isnt-working-5-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13091340/why-gym-isnt-working-5.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Building muscle gets tougher as you age. But it's not impossible. Image: Dall-E 3</figcaption></figure>
As we get older, building muscle can get tougher due to natural muscle loss. However, with the right training and diet, you can still forge strength at any age.

Sweating It Out With No Results? 10 Possible Reasons Why Your Muscle Gains Are Nowhere To Be Found Despite Hitting The Gym

Ever wondered which corners of the world roll out the red carpet for Americans? Whether you&#8217;re jet-setting for a quick getaway or planning an extended stay, the warmth you receive from locals can make or break your travel experience. 
Here&#8217;s where Americans can expect to get the VIP treatment:
<h3 class="wp-block-heading">Poland</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100352/Poland-1024x576.jpg" alt="Poland stands out as the ultimate hospitable destination for Americans. Image: Pexels/ Dominika Roseclay" class="wp-image-335083" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100352/Poland-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100352/Poland-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100352/Poland-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100352/Poland.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Poland stands out as the ultimate hospitable destination for Americans. Image: Pexels/ Dominika Roseclay</figcaption></figure>
It&#8217;s no contest! According to an Insider Monkey <a href="https://www.insidermonkey.com/blog/5-countries-that-welcome-americans-with-open-arms-1242126/5/">study</a>, a whopping 93% of Poles view Americans favourably, making Poland the leader in American cheerleading abroad. What&#8217;s more, 80% admire the American way of life, while only a tiny 4% have reservations. Whether it's the shared historical ties or love for freedom, Poland tops the charts as the friendliest place for American tourists.
<h3 class="wp-block-heading">Israel</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100611/Israel-1024x576.jpg" alt="Given its longstanding bond with the U.S., Israel's open arms are no shocker. Image: Pexels/ Kostiantyn Stupak" class="wp-image-335098" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100611/Israel-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100611/Israel-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100611/Israel-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100611/Israel.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Given its longstanding bond with the U.S., Israel&#8217;s open arms are no shocker. Image: Pexels/ Kostiantyn Stupak</figcaption></figure>
With deep-rooted political and cultural bonds, it's hardly a shocker that 87% of Israelis have a soft spot for Americans. Only 12% might give you the cold shoulder, but that&#8217;s pretty rare. Israel&#8217;s vibrant cities and historic landscapes make it a perfect spot for Americans looking for a friendly abroad experience.
<h3 class="wp-block-heading">South Africa</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14012550/South-Africa-1024x576.jpg" alt="South Africa is a popular destination for its vineyards, rolling hills, beaches, wildlife reserves, colorful sunsets, and iconic sights. Image: Unsplash/ Tobias Reich" class="wp-image-336231" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14012550/South-Africa-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14012550/South-Africa-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14012550/South-Africa-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14012550/South-Africa.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">South Africa is a popular destination for its vineyards, rolling hills, beaches, wildlife reserves, colorful sunsets, and iconic sights. Image: Unsplash/ Tobias Reich</figcaption></figure>
This African powerhouse has seen a surge in American approval. Although the two countries haven&#8217;t always seen eye to eye historically, most South Africans are pro-American, with the USA&#8217;s favorability rising by 9 points since 2019. South Africa&#8217;s culture and open arms make it a hot spot for U.S. globetrotters.
<h3 class="wp-block-heading">South Korea</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100843/South-Korea-1024x576.jpg" alt="The land of K-Pop is among the most pro-American countries in the world. Image: Unsplash/ Daniel Bernard " class="wp-image-335106" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100843/South-Korea-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100843/South-Korea-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100843/South-Korea-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100843/South-Korea.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The land of K-Pop is among the most pro-American countries in the world. Image: Unsplash/ Daniel Bernard</figcaption></figure>
Despite a 10-point drop from last year, a solid 79% of South Koreans still hold Americans in high regard. The dip from 89% might be tied to shifting global politics, but South Korea remains a welcoming place for Americans, especially with its cutting-edge cities and rich traditions.
<h3 class="wp-block-heading">Japan</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100955/Japan-1024x576.jpg" alt="Despite past tensions, the land of the rising sun shows a surprising affection for Americans. Image: Unsplash/ David Edelstein" class="wp-image-335109" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100955/Japan-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100955/Japan-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100955/Japan-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/13100955/Japan.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Despite past tensions, the land of the rising sun shows a surprising affection for Americans. Image: Unsplash/ David Edelstein</figcaption></figure>
Past political tensions haven't stopped 73% of Japanese from favoring Americans. Only 25% might not be as enthusiastic, but that&#8217;s overshadowed by a strong interest in American culture. Japan, on the flip side, offers a unique blend of ultra-modern and traditional, making it an intriguing destination for Americans.

Travel

Love A Warm Welcome? These Five Countries Go Out Of Their Way To Make Americans Feel Right At Home

Glass House Brands Inc.&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ghbwf#OTC">GHBWF</a>) reported financial results for Q1 2024 with a revenue of $30.1 million, a 9% increase year-over-year. Biomass production reached 61,334 pounds, a 28% increase from the previous year, despite no expansion in cultivation footprint. Glass House specializes in&nbsp;greenhouse cultivation operations, manufacturing practices&nbsp;and brand-building as well as&nbsp;retailing of cannabis products.
<a href="https://www.benzinga.com/markets/cannabis/23/03/30999079/exclusive-elected-officials-need-to-do-what-they-promised-big-cannabis-ceo-tells-congress-white-">Kyle Kazan</a>, co-founder, chairman&nbsp;and CEO, <a href="https://www.newswire.ca/news-releases/glass-house-brands-reports-first-quarter-2024-financial-results-874721481.html">stated</a>, &quot;We exceeded <a href="https://www.benzinga.com/markets/cannabis/24/03/37985215/cannabis-company-glass-house-reports-89-increase-in-revenue-aims-for-50-m-profits-in-2024">Q1 guidance </a>across all operating metrics including cash, sales, production, and Adjusted EBITDA.&quot;
<h3>Financial Highlights</h3>
<ul>
<li>Adjusted EBITDA was $(1.6) million, compared to $0.5 million in Q1 2023 and $3.8 million in Q4 2023.</li>
<li>Revenue: $30.1 million, an increase from $27.6 million in Q1 2023 and a decrease from $40.4 million in Q4 2023.</li>
<li>Gross Profit: $12.5 million, compared to $12.6 million in Q1 2023 and $18.0 million in Q4 2023.</li>
<li>Gross Margin: 42%, compared to 46% in Q1 2023 and 45% in Q4 2023.</li>
</ul>
To learn more about the cannabis business and how to invest in the sector,&nbsp;don&#39;t miss the opportunity to join us at the&nbsp;<a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" target="_blank">19th Benzinga Cannabis Capital Conference</a>&nbsp;in Chicago this October 8-9. Engage with top executives, investors, policymakers, and advocates to explore the industry&#39;s future. Secure your tickets now before prices increase by following&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank">this link</a>.
<h3>Cash Position</h3>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38344499/420-cannabis-retail-frenzy-leading-brands-ready-for-record-sales-surge-who-will-lea">Glass House</a> ended Q1 with a cash balance of $24 million, up from $16.4 million at the end of Q1 2023.
<h3>Cost Efficiency</h3>
The <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37971495/californias-weed-sales-decline-market-ripe-for-consolidation-biggest-companies-like">company </a>achieved a cost per equivalent dry pound of <a href="https://www.benzinga.com/markets/cannabis/24/04/38276138/exclusive-ceo-of-this-california-company-has-advice-on-how-to-beat-the-illicit-cannabis-market-s">production</a> of $182, a 7% decrease compared to Q1 2023. Greenhouse 5 is fully operational and will impact Q2 2024 results. Q2 revenue is projected between $52 million and $54 million.
<h3>Q2 2024 Projections</h3>
The company expects Q2 revenue to reach between $52 million and $54 million. Biomass <a href="https://www.benzinga.com/markets/cannabis/24/04/38151565/californias-underground-marijuana-market-flourishes-which-companies-remain-resilient-amid-illici">production guidance</a> is raised to 128,000 to 130,000 pounds. The average selling price for wholesale biomass is projected to be $330 to $335 per pound.
Photo: AI-Generated Image.&nbsp;

GHBWF

Glass House Cannabis Brands Exceeds Q1 2024 Guidance In Cash, Sales, Production And EBITDA

Offerings

KVUE

Kenvue Priced Secondary Offering Of 182.3M Shares Of Common Stock At $20/Share

California-based Ispire Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPR#NASDAQ">ISPR</a>), innovator in vaping technology and precision dosing, reported a $5.9 million net loss for the third fiscal quarter as the company&#8217;s losses continue to trend upwards. 
Michael Wang, Ispire's co-CEO said the company&#8217;s new business partnerships solidified during the recent quarter, which he expected would help propel Ispire into profitable territory.
&#8220;The third quarter was important for Ispire as it demonstrated our continued ability to add new strategic partners and expand within existing market sectors as we execute on our mission to be an innovator and a leader in our markets," Wang <a href="https://www.benzinga.com/quote/ISPR">said</a>. 
<h2 class="wp-block-heading">Fiscal Third Quarter 2024 Financial Results</h2>
<ul>
<li>Revenue increased 24% to $30.0 million as compared to $24.1 million in the same period of 2023. Tobacco vaping products contributed $18.1 million and cannabis vaping products contributed $11.9 million to revenue during the fiscal third quarter 2024;</li>
</ul>
<ul>
<li>Gross profit increased 35% to $6.1 million for the three-month period ended March 31, 2024, compared to $4.5 million in the third quarter of fiscal 2023.  Gross profit for the nine-month period ended March 31, 2024, was $19.2 million, compared to $14.3 million for the same period in fiscal 2023.</li>
</ul>
<ul>
<li>Gross margin increased to 20.4% as compared to 18.7% in the same period of 2023;</li>
</ul>
<ul>
<li>Total operating expenses increased 63.7% to $11.8 million as compared to $7.2 million in the same period of 2023</li>
</ul>
<ul>
<li>Net loss of $5.9 million as compared to net loss of $2.3 million in the same period of 2023.</li>
</ul>
Wang noted that Ispire entered into a joint venture with Berify and Chemular and later in the quarter announced a partnership with a subsidiary of Acreage Holdings (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/ACRHF#OTCQX">ACRHF</a>). "These partnerships will allow us to continue to expand our market share as we offer our cutting-edge products and technology globally.&#8221;
As of March 31, 2024, Ispire had approximately $39.5 million in cash and cash equivalents. As of March 31, 2024, and June 30, 2023, the company had working capital of $28.9 million and $28.8 million respectively.
&#8220;Also during the quarter, we successfully closed on a $12.3 million public offering.  This additional capital will allow us to help fund our joint venture with our partners and also ramp up our operations at our Malaysian manufacturing facility. This facility will play an important part in our operational and financial performance as it further streamlines our supply chain which will lead to improved gross margins and profitability,&#8221; Wang concluded.
To learn more about the cannabis business and how to invest in this dynamic sector, don&#8217;t miss the opportunity to join us at the <a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" target="_blank" rel="noreferrer noopener">19th Benzinga Cannabis Capital Conference</a> in Chicago this October 8-9. Engage with top executives, investors, policymakers, and advocates to explore the industry&#8217;s future. Secure your tickets now before prices increase by following <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">this link</a>.
Read Ispire&#8217;s full report <a href="https://www.benzinga.com/pressreleases/24/05/n38831716/ispire-technology-inc-reports-fiscal-third-quarter-2024-financial-results">here</a>
Now read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38803783/will-pharma-and-healthcare-have-competitive-edge-in-cannabis-post-rescheduling-data">Will Pharma And Healthcare Have Competitive Edge In Cannabis Post-Rescheduling? Data Analytics Expert Weighs In</a>
Photo: Courtesy of <a href="https://unsplash.com/@testeurdecbd?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" target="_blank" rel="noreferrer noopener">Testeur de CBD</a> on <a href="https://unsplash.com/photos/a-wooden-bowl-filled-with-marijuana-next-to-a-cup-of-coffee-o3sRoD5E7tc?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" target="_blank" rel="noreferrer noopener">Unsplash</a>

ACRHF

ISPR

Ispire Technology Reports $5.9M Quarterly Loss, Looks Toward Partnerships To Propel Company Into Profitable Territory

Assertio Holdings files for $150M mixed shelf

Assertio Holdings Inc (ASRT) stock has gained 14.61% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator. Assertio Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ASRT!See Full ASRT ReportWhat is Stock Sentiment?In invest

Should You Buy Assertio Holdings Inc (ASRT) Stock After it Is Up 14.61% in a Week?

Assertio Holdings Inc (ASRT) stock is down -82.87% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives ASRT stock a score of  35 out of a possible 100. That rank is mainly influenced by a short-term technical score of 11. ASRT's ra

Assertio Holdings Inc (ASRT) Stock Falls -1.98% This Week; Should You Buy?

Assertio Therapeutics Inc (ASRT) has shared an announcement. James L. Tyree, the Chairman of the Compensation Committee at Assertio Holdings, Inc.,...

Assertio Holdings Chairman Declines Reelection Amid Disputes

Assertio Holdings Q1 2024 Earnings Preview

Notable earnings after Monday's close

Assertio Holdings Non-GAAP EPS of $0.04 beats by $0.05, revenue of $31.9M beats by $2.39M

Assertio Holdings, Inc. (ASRT) Q1 2024 Earnings Call Transcript

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Assertio Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/asrt-stock-quote/">ASRT</a>) just reported results for the first quarter of 2024.<ul><li>Assertio Holdings reported earnings per share of 4 cents. This was above the analyst estimate for EPS of -3 cents.</li><li>The company reported revenue of $32.45 million.</li><li>This was 9.96% better than the analyst estimate for revenue of $29.51 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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	The post <a href="https://investorplace.com/earning-results/2024/05/asrt-stock-earnings-assertio-holdings-for-q1-of-2024/">ASRT Stock Earnings: Assertio Holdings Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

ASRT Stock Earnings: Assertio Holdings Beats EPS, Beats Revenue for Q1 2024

There's a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Assertio Therapeutics (ASRT – Research Report), Long...

Analysts Offer Insights on Healthcare Companies: Assertio Therapeutics (ASRT), Longboard Pharmaceuticals (LBPH) and Travere Therapeutics (TVTX)