JPMorgan BetaBuilders Canada ETF (BATS: BBCA)

JPMorgan BetaBuilders Canada ETF (BATS:BBCA), Quote.Headers.trade-ideas

Financial Services

Energy

Industrials

Basic Materials

Technology

Consumer Defensive

Consumer Cyclical

Utilities

Communication Services

Real Estate

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Canada Target Market Exposure Index (the Underlying Index). The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. Assets means net assets, plus the amount of borrowing for investment purposes.

Royal Bank Of Canada

JPMorgan BetaBuilders Canada ETF

Long Ideas

News

Sector ETFs

Specialty ETFs

Retail Sales

Tech

Trading Ideas

ETFs

AMZN

BBCA

CLOU

First Trust Dow Jones Internet Index Fund

First Trust Dow Jones International Internet ETF

FDNI

SHOP

Canadian e-commerce juggernaut Shopify (NYSE: SHOP) is on a stellar run, one that&#39;s eliciting calls of “story stock” status. With the shares higher by almost 52% over the past month, those calls are proving accurate.

3 ETFs With Big-Time Shopify Exposure

New ETFs

BBJP

JPMorgan Adds To BetaBuilders Lineup With Low-Cost International Equity ETF

Investors Are Migrating To This Canadian ETF

Contracts

AMPX

Amprius Receives Two Contracts To Supply 40 ah High-Performance Cells For Light Electric Vehicle Applications; Contracts' Total Exceeds $20M

Kazia Therapeutics Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KZIA#NASDAQ">KZIA</a>), an oncology-focused drug development company, is pleased to announce the presentation of data highlighting promising clinical activity of EVT801 in high grade serous (HGS) Ovarian Cancer at the 15th Biennial Ovarian Cancer Research Symposium, co-presented by American Association of Cancer Research (AACR) and the Rivkin Center for Ovarian Cancer Research on Saturday, September 21, 2024 in Seattle Washington.
Dr. John Friend, CEO Kazia Therapeutics presented preliminary data from a Phase 1 first-in-human clinical trial evaluating the safety and tolerability of EVT801, a highly selective small molecule VEGFR3 inhibitor targeting tumour angiogenesis. The Phase 1 study met its primary objectives, with the maximal tolerated dose identified at 500mg twice a day (BID). The Phase 1 study also identified the recommended Phase 2 dose starting at 400mg BID. It was observed that EVT801 was tolerated across all doses, with the majority of toxicities being mild to moderate and transient in nature.
Key points of the presentation included:
<ul>
<li>A total of 26 patients were treated across 6 dosing cohorts ranging from 50mg once daily (QD) to 500mg twice daily (BID)</li>
<li>Patients with eleven different cancer types (ex. colon, renal cell, pancreatic) were enrolled in the study, with heavily pretreated advanced ovarian cancer being the most prevalent indication (11 patients)</li>
<li>Biomarkers have shown strong VEGFR3 expression in multiple indications, including ovarian cancer</li>
<li>Encouraging clinical activity in High Grade Serous ovarian cancer patients with forty-six percent (46%) having stable disease or for at least three cycles, including two patients who received 9 cycles</li>
<li>One patient had a partial response (-39% decrease) after 2 cycles of EVT801 therapy</li>
</ul>

Biotech

General

KZIA

Kazia Therapeutics Announces Presentation Of EVT801 Clinical Data At 15th Biennial Ovarian Cancer Research Symposium

Piper Sandler analyst Yasmeen Rahimi reiterates NewAmsterdam Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAMS#NASDAQ">NAMS</a>) with a Overweight and maintains $37 price target.

Price Target

Reiteration

Analyst Ratings

NAMS

Piper Sandler Reiterates Overweight on NewAmsterdam Pharma, Maintains $37 Price Target

DA Davidson analyst Gil Luria downgrades Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) from Buy to Neutral and announces $475 price target.

Downgrades

MSFT

DA Davidson Downgrades Microsoft to Neutral, Announces $475 Price Target

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk on Saturday said that buses will not be needed when the EV giant ultimately achieves autonomous driving capability with its full self-driving (FSD) driver assistance software. 
What Happened: If electric buses need to be equipped with diesel generators for heat when the temperature drops, it means that their battery packs are too small, Musk said on social media platform X. The CEO was responding to a user by the name of Peter Imanuelsen who alleged that several buses in Norway had to be equipped with diesel generators to warm the cabin during the last winter.
&#8220;&#8230;busses will not be needed when Tesla rolls out unsupervised full self-driving, as they will take people point to point for a similar cost to a bus ticket,&#8221; the CEO added, implying that the cost of availing Tesla robotaxis would be low once they enter operations. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Then the battery packs of the busses are too small. Teslas can operate well even above the Arctic Circle. Also, busses will not be needed when Tesla rolls out unsupervised full self-driving, as they will take people point to point for a similar cost to a bus ticket.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1837506412357824960?ref_src=twsrc%5Etfw">September 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Musk is now aiming to make Tesla vehicles capable of autonomous driving with new iterations of its FSD. The software currently requires active driver supervision but will enable autonomous driving in the future, according to the CEO. The company is also looking to unveil its <a href="https://www.benzinga.com/news/24/07/39929718/tesla-robotaxi-unveiling-set-for-oct-10-here-are-the-updates-from-company-ceo-elon-musk-on-its-upcom">dedicated robotaxi offering in October.</a> 
Musk expects his company's robotaxi fleet to function like a&nbsp;<a href="https://www.benzinga.com/news/24/04/38396288/teslas-robotaxi-to-be-called-cybercab-elon-musk-says-self-driving-fleet-will-be-like-combination-of" target="_blank" rel="noreferrer noopener">combination of Airbnb and Uber</a>. While a certain portion of the fleet will be owned by Tesla, individual Tesla customers can also add or subtract their vehicles to the robotaxi fleet at will for additional income. As for riders, they can summon a car using the Tesla App, Musk said.
Earlier this month, Tesla said in a post on X that it will focus on improving FSD throughout this year in the U.S. and deploying the software on its latest vehicle offering – the Cybertruck- before rolling it out in Europe and China in the first quarter of 2025.
During Tesla&#8217;s second-quarter earnings call in July, Musk said that unsupervised driving on a Tesla could be possible <a href="https://www.benzinga.com/news/24/09/40808924/tesla-robotaxi-event-to-be-held-in-los-angeles-on-1010-says-senior-company-exec-existing-shareholder">by late 2024 or in 2025.</a> However, the CEO is known for overestimating the capabilities of his company&#8217;s different offerings and for providing changing timelines. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40968441/russian-presidents-ally-ramzan-kadyrov-says-elon-musk-remotely-turned-off-his-cybertruck-in-russia">Russian President&#8217;s Ally Ramzan Kadyrov Says Elon Musk Remotely Turned Off His Cybertruck In Russia</a></li>
</ul>
Image via Shutterstock

Equities

Markets

TSLA

Elon Musk Says Buses Won't Be Needed Once Tesla Robotaxis Start Operating: 'Will Take People Point To Point For A Similar Cost'

Macro Economic Events

Econ #s

Economics

USA Chicago Fed National Activity For August 0.12 Vs -0.20 Est.; -0.42 Prior (Revised From -0.34)

Telos Expands Enrollment And Renewal Options By Opening New Locations

Canaccord Genuity analyst Joseph Vafi initiates coverage on Core Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) with a Buy rating and announces Price Target of $16.

Initiation

Core Scientific, Inc. - Class A Common Stock

CORZ

Canaccord Genuity Initiates Coverage On Core Scientific with Buy Rating, Announces Price Target of $16

Piper Sandler analyst Korinne Wolfmeyer maintains Kenvue (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>) with a Neutral and raises the price target from $20 to $21.

KVUE

Piper Sandler Maintains Neutral on Kenvue, Raises Price Target to $21

TOVX

Theriva Biologics Reaches Target Patient Enrollment In VIRAGE Phase 2b Trial Of VCN-01 With Gemcitabine/Nab-Paclitaxel For Metastatic Pancreatic Cancer Treatment, Conducted Across 15 Sites In Spain And USA

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/09/20/final-trades-samsara-constellation-energy-aptiv-and-the-indy.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management said Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) <a href="https://www.benzinga.com/quote/IOT/earnings">hit an all-time high on Friday.</a>
On Sept. 5, Samsara reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $300.20 million which beat the analyst consensus estimate of $289.54 million.
Stephen Weiss of Short Hills Capital Partners picked iShares India 50 ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDY#NASDAQ">INDY</a>), saying declining interest rates are good for emerging market economies.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage her</a><a href="https://www.benzinga.com/premarket/">e</a>
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management said Aptiv PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) trades at 9.5 times earnings, with 20% earnings growth over the next three years.
On Sept. 20, Wells Fargo analyst Colin Langan upgraded the rating for Aptiv from Equal-Weight to Overweight and raised the price target from $78 to $87.
Joseph M. Terranova of Virtus Investment Partners named Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) as his final trade.
On Sept. 20, Constellation Energy announced it signed a 20-year power purchase agreement with Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). The deal entails the launch of the Crane Clean Energy Center (CCEC) and the restart of Three Mile Island Unit 1, which was <a href="https://www.benzinga.com/markets/equities/24/09/40957437/microsoft-taps-constellation-for-20-year-carbon-free-power-3-400-jobs-coming-to-pennsylvania">closed five years ago.</a>
Price Action:
<ul>
<li>Samsara gained 3.8% to close at $49.39 during Friday's session.</li>
<li>Aptiv shares fell 1% to settle at $69.84 on Friday.</li>
<li>iShares India 50 ETF gained 1.2% during Friday's session.</li>
<li>Constellation Energy shares jumped 22.3% to close at $254.98 on Friday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/40962695/jim-cramer-viking-has-many-ships-coming-in">Jim Cramer: Viking Has &#8216;Many Ships Coming In&#8217;</a></li>
</ul>
Image courtesy of Samsara

Media

APTV

INDY

Samsara, Aptiv, Constellation Energy And More On CNBC's 'Final Trades'

Matthews International Corporation (NASDAQ GSM: MATW) (the "Company") today announced a proposed private offering of senior secured second lien notes due 2027 (the "Notes"). At or prior to the closing of the offering of the Notes, the Company intends to amend its senior credit facility to, among other things, permit the Notes to be secured by a second priority lien on substantially all of our and certain of our domestic subsidiaries' assets, and the Company and certain of its domestic subsidiaries intend to enter into a second amended and restated pledge and security agreement pursuant to which the Company and such subsidiaries will grant to the secured parties under the senior credit facility a first priority lien on substantially all of the Company's and such subsidiaries' assets.
The Company intends to use the net proceeds of the offering, together with borrowings under the Company's senior credit facility, to redeem all of its outstanding 5.25% senior notes due December 1, 2025 (the "Existing 2025 Notes") on or about October 25, 2024, and to pay accrued and unpaid interest on the Existing 2025 Notes to, but not including, the date of redemption, and to satisfy and discharge the indenture governing the Existing 2025 Notes.

Offerings

MATW

Matthews International Announced A Proposed Private Offering Of Senior Secured Second Lien Notes Due 2027

Jabil Expands Silicon Photonics Capabilities At Ottawa Site To Support New Product Introductions For Hyperscalers And AI Data Centers, Set To Roll Out In Q4 2024

Morgan Stanley analyst David Arcaro maintains Public Service Enterprise (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEG#NYSE">PEG</a>) with a Overweight and raises the price target from $83 to $95.

Morgan Stanley Maintains Overweight on Public Service Enterprise, Raises Price Target to $95

Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq:&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4260606-1&amp;h=4181839075&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Finnovative-eyewear-inc-announces-exercise-of-warrants-302236683.html%23financial-modal&amp;a=LUCY">LUCY</a>), the developer of smart eyewear under the Lucyd&#xAE;, Nautica&#xAE;, Eddie Bauer&#xAE; and Reebok&#xAE; brands, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 263,160&nbsp;shares of the Company's common stock originally issued by the Company on&nbsp;May 29, 2024, each having an original exercise price of&nbsp;$9.50&nbsp;per share, at an exercise price of&nbsp;$9.875&nbsp;per share. The closing of the warrant exercise transaction is expected to occur on or about&nbsp;September 24, 2024, subject to satisfaction of customary closing conditions.
H.C. Wainwright &amp; Co. is acting as the exclusive placement agent for the offering.
The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (File No. 333-279873).
The gross proceeds to the Company from the exercise of the warrants are expected to be approximately&nbsp;$2.6 million, prior to deducting placement agent fees and offering expenses. The Company expects to use the net proceeds from the transaction for working capital and general corporate purposes.

LUCY

Innovative Eyewear Announces Exercise Of Warrants For $2.6M Gross Proceeds For The Immediate Exercise Of Certain Outstanding Warrants To Purchase An Aggregate Of 263,160 Shares Of Common Stock Originally Issued By The Company On May 29, 2024, Each Having An Original Exercise Price Of $9.50 Per Share, At An Exercise Price Of $9.875 Per Share

Cantor Fitzgerald analyst Prakhar Agrawal reiterates MoonLake (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) with a Overweight.

MLTX

Cantor Fitzgerald Reiterates Overweight on MoonLake

Alaska Airlines Expands Cargo Division Following Hawaiian Airlines Merger, Names Ian Morgan VP Of Cargo And Jason Berry Executive VP Of Cargo For Alaska Air Group

CORRECTION: Bernstein analyst Daniel Roeska downgrades General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) from Outperform to Market Perform and announces $53 price target (Analyst Name Updated - Originally Published on 23rd Sept 2024).

CORRECTION: Bernstein Downgrades General Motors to Market Perform, Announces $53 Price Target (Analyst Name Updated - Originally Published on 23rd Sept 2024)

KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) will release earnings results for its third quarter, after the <a href="https://www.benzinga.com/quote/KBH/earnings">closing bell on Tuesday</a>.
Analysts expect the Los Angeles-based company to report quarterly earnings at $2.06 per share. That&#8217;s up from $1.80 per share in the year-ago period. KB Home projects quarterly revenue of $1.73 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 19, Bank of America Securities analyst Rafe Jadrosich maintained KB Home with a Neutral rating and raised the price target from $75 to $90.
With the recent buzz around KB Home, some investors may be eyeing potential gains from the company's dividends. As of now, KB Home has a dividend yield of 1.15%. That&#8217;s a quarterly dividend amount of 25 cents a share ($1.00 a year).
To figure out how to earn $500 monthly from KB Home, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by KB Home's $1.00 dividend: $6,000 / $1.00 = 6,000 shares
So, an investor would need to own approximately $523,380 worth of KB Home, or 6,000 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.00 = 1,200 shares, or $104,676 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
KBH Price Action: Shares of KB Home fell 2.6% to close at $87.23 on Friday.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/40962695/jim-cramer-viking-has-many-ships-coming-in">Jim Cramer: Viking Has &#8216;Many Ships Coming In&#8217;</a></li>
</ul>
Image: Shutterstock

Earnings

How To Earn $500 A Month From KB Home Stock Ahead Of Q3 Earnings

Federal Reserve

Fed's Kashkari Says Penciled In 50 Basis Points More Cuts In 2024

As Inflation Eases Further, Expectations Grow For Another BoC Rate Cut

How The U.S. Election May Play Out And What It Means For Markets

Bank Of Canada Cuts For A Third Time With Rates Heading Towards 3%

Bank Of Canada Balances Growth And Inflation Risks As It Eyes More Cuts

What's Your Plan?

Steepest Deterioration In Trade Conditions Since December 2023

The Implications For Markets As Fed Rate Decision Looms

What's Next For Interest Rates As Canadian Inflation Hits Target Range

The Fed Joins The Global Easing Cycle

CIBC's Tal On Recession Risk, Rates, Real Estate, And The Road Ahead

AAAU

ACTV

ACWI

ACWV

AFMC

AFSM

AFTY

AGGY

ANGL

ARKK

ASET

ASHR

ASHS

AVIG

AVUV

BAPR

BBAG

BBEU

BBHY

BGLD

BKAG

BKHY

BMQWF

BNDC

BOND

BSJO

BSJP

BSJQ

BSJR

BSJS

BSJT

BYLD

CCRV

CDPYF

CHIQ

CMBS

CMDY

CNXT

CNYA

COMB

COMT

CQQQ

CRBN

CXSE

DBEU

DBEZ

DBJP

DFHY

DIVS

DJCB

DWLD

DXJS

EAGG

ECNS

ESGB

ESGG

EUDG

EUDV

EURL

EUSB

EUSC

EWJV

EWUS

FAAR

FALN

FBND

FDHY

FEUZ

FFIU

FIBR

FIDU

FIGB

FIXD

FLCA

FLCB

FLCH

FLEE

FLEU

FLGB

FLGV

FLHK

FLHY

FLJH

FLJP

FLTW

FMHI

FORH

FPXE

FSEC

FTGC

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

JPMorgan BetaBuilders Canada ETF

Overview

JPMorgan BetaBuilders Canada ETF (BATS:BBCA), Quote.Headers.trade-ideas