BHPA Inc Inc provides a cloud hash power service platform. The company operates through a subsidiary which is focused on providing a cryptocurrency mining SaaS platform powered by a blockchain algorithm. It is also engaged in data processing and other online services. The company generates revenue from Hashrate Cloud Service.

BHPA

News

IPOs

MXCT

MaxCyte Shares Will Open For Quote At 9:50 a.m. EDT, Expected To Open For Trade After 10 a.m. EDT; IPO Priced At $13/Share

RXST

RxSight Shares Will Open For Quote At 10:10 a.m. EDT, Expected To Open For Trade After 10:20 a.m. EDT; IPO Priced At $16/Share

Cowen &amp; Co. analyst Colby Synesael maintains CoreSite Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>) with a Outperform and raises the price target from $153 to $158.

Price Target

Analyst Ratings

Cowen & Co. Maintains Outperform on CoreSite Realty, Raises Price Target to $158

TNYA

Tenaya Therapeutics Shares Will Open For Quote At 10:10 a.m. EDT, Expected To Open For Trade After 10:20 a.m. EDT; IPO Priced At $15/Share

XPAXU

XPAC Acquisition Shares Will Open For Quote At 10:35 a.m. EDT, Expected To Open For Trade After 10:45 a.m. EDT; IPO Priced At $10/Unit

Credit Suisse analyst Jailendra Singh maintains eHealth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EHTH#NASDAQ">EHTH</a>) with a Outperform and lowers the price target from $90 to $75.

EHTH

Credit Suisse Maintains Outperform on eHealth, Lowers Price Target to $75

RANI

Rani Therapeutics Shares Will Open For Quote At 10:10 a.m. EDT, Expected To Open For Trade After 10:20 a.m. EDT; IPO Priced At $11/Share

IMRX

Immuneering Shares Will Open For Quote At 10:35 a.m. EDT, Expected To Open For Trade After 10:45 a.m. EDT; IPO Priced At $15/Share

BMO Capital analyst Keith Bachman maintains Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) with a Market Perform and raises the price target from $275 to $300.

FTNT

BMO Capital Maintains Market Perform on Fortinet, Raises Price Target to $300

OMGA

Omega Therapeutics Shares Will Open For Quote At 10:10 a.m. EDT, Expected To Open For Trade After 10:20 a.m. EDT; IPO Priced At $17/Share

Credit Suisse analyst Stephen Ju maintains Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) with a Neutral and lowers the price target from $94 to $82.

PINS

Credit Suisse Maintains Neutral on Pinterest, Lowers Price Target to $82

Analyst Color

Reiteration

UPDATE: Credit Suisse On Pinterest Post-Earnings: Firm Does Not Believe There Is An Alternate/Structural Reason For The Decline In Monthly Users Other Than The EasingOf Pandemic Restrictions And The Rise Of Mobility

Baker Hughes Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NYSE">BKR</a>) (&quot;Baker Hughes&quot; or the &quot;Company&quot;) announced today that its Board of Directors has authorized Baker Hughes Holdings LLC (&quot;BHH LLC&quot;) to repurchase up to&nbsp;$2 billion&nbsp;of its common units. The Company will use the proceeds from the sale of its BHH LLC common units to repurchase its Class A shares.
&quot;We are generating strong cash flow and are confident in our short-term operational&nbsp;outlook&nbsp;and long-term strategic positioning. Today&#39;s announcement represents further confirmation on our optimistic view of the future for the Company. We believe this announced buyback is an attractive use of cash given the value of our company and the highly accretive nature of this program,&quot; said Lorenzo Simonelli, Baker Hughes chairman and CEO.
&quot;At the current share price, this repurchase represents over nine percent of the Company&#39;s outstanding shares. We are pleased that Baker Hughes&#39; strong balance sheet and robust cash flow profile, which enables us to not only return value to shareholders through our regular quarterly dividend and share repurchases, but also enables us to invest for growth and position for new frontiers to lead the energy transition,&quot; added Simonelli.
Baker Hughes and BHH LLC are also authorized to enter into an agreement with GE whereby BHH LLC will repurchase its common units from GE on a pro rata basis and on the same terms as it repurchases common units from Baker Hughes. The proceeds distributed to Baker Hughes will be used to repurchase Class A shares on the open market or in privately negotiated transactions. The repurchases are not expected to materially change Baker Hughes and GE&#39;s relative economic interests in BHH LLC or Baker Hughes&#39; Class A and Class B stockholders&#39; relative voting interest.
Baker Hughes expects to fund the repurchase program from cash generated from operations. The exact number of shares to be repurchased by the Company is not guaranteed. The Company expects to make share repurchases from time to time subject to the Company&#39;s capital plan, market conditions, and other factors, including legal and regulatory restrictions and required approvals. The repurchase program may be suspended or discontinued at any time and does not have a specified expiration date.

Buybacks

Baker Hughes Company Announces $2B Share Repurchase Authorization

Credit Suisse analyst Stephen Ju maintains Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Outperform and lowers the price target from $4850 to $4700.

AMZN

Credit Suisse Maintains Outperform on Amazon.com, Lowers Price Target to $4700

Caterpillar Conference Call: Co Exec Says Don't Expect Normal Revenue Cadence For Q3 And Q4

<h3>Gainers</h3>
<table>
<thead>
<tr>
<th>Symbol</th>
<th>Name</th>
<th align="right">Price</th>
<th align="right">Change ($)</th>
<th align="right">Change (%)</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>)</td>
<td>SPDR Select Sector Fund - Consumer Staples</td>
<td align="right">71.5</td>
<td align="right">0.11</td>
<td align="right">0.15</td>
<td>6.5K</td>
</tr>
</tbody>
</table>
<h3>Losers</h3>
<table>
<thead>
<tr>
<th>Symbol</th>
<th>Name</th>
<th align="right">Price</th>
<th align="right">Change ($)</th>
<th align="right">Change (%)</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)</td>
<td>SPDR Select Sector Fund - Consumer Discretionary</td>
<td align="right">180.44</td>
<td align="right">-3.78</td>
<td align="right">-2.06</td>
<td>17.8K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td>
<td>SPDR Select Sector Fund - Technology</td>
<td align="right">152.42</td>
<td align="right">-1.08</td>
<td align="right">-0.71</td>
<td>24.6K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)</td>
<td>The Communication Services Select Sector SPDR Fund</td>
<td align="right">82.20</td>
<td align="right">-0.48</td>
<td align="right">-0.59</td>
<td>172</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td>
<td>SPDR Select Sector Fund - Financial</td>
<td align="right">36.64</td>
<td align="right">-0.17</td>
<td align="right">-0.47</td>
<td>245.1K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td>
<td>SPDR Select Sector Fund - Energy Select Sector</td>
<td align="right">50.08</td>
<td align="right">-0.11</td>
<td align="right">-0.22</td>
<td>65.5K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td>
<td>Materials Select Sector SPDR</td>
<td align="right">83.55</td>
<td align="right">-0.13</td>
<td align="right">-0.16</td>
<td>1.7K</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>)</td>
<td>SPDR Select Sector Fund - Health Care</td>
<td align="right">131.85</td>
<td align="right">-0.18</td>
<td align="right">-0.14</td>
<td>925</td>
</tr>
<tr>
<td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>)</td>
<td>SPDR Select Sector Fund - Utilities</td>
<td align="right">66.47</td>
<td align="right">-0.06</td>
<td align="right">-0.10</td>
<td>7.2K</td>
</tr>
</tbody>
</table>
<a href="https://pro.benzinga.com/?utm_source=insights">Pulled from Benzinga Pro data</a> above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.
For more information on sector movers, <a href="https://www.benzinga.com/movers">click here</a>.

Sector ETFs

Pre-Market Outlook

Movers

ETFs

Select Sector SPDR-Consumer Discretionary

Leading And Lagging Sectors For July 30, 2021

Credit Suisse Maintains Neutral On Pinterest, Lowers Price Target From $94 To $82

Credit Suisse analyst Matt Miksic maintains Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) with a Outperform and raises the price target from $112 to $126.

Credit Suisse Maintains Outperform on Edwards Lifesciences, Raises Price Target to $126

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1995, Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) acquired <a href="https://www.benzinga.com/general/education/21/03/11381979/this-day-in-market-history-capital-cities-buys-abc">Capital Cities/ABC Inc.</a> for $19 billion.
Where The Market Was: The Dow Jones Industrial Average closed at 4,715&nbsp;and the S&amp;P 500 traded at 562.
What Else Was Going On In The World?&nbsp;In 1995, Michael Jordan returned to the NBA after a brief retirement to play professional baseball. The New York Times and Washington Post published the Unibomber&rsquo;s manifesto, which was 35,000 words in length. The average price of a new house was $113,150.
Media Mega-Merger: ABC started as a radio network way back in 1943, but it had grown into a media giant by the 1990s. When Disney acquired Capital Cities/ABC Inc. in 1995, it took control of the ABC network, 10 television stations, 21 radio stations, an 80 percent ownership stake of ESPN and ownership stakes in various other TV channels and magazine and newspaper properties.
As <a href="https://nocable.org/timeline/abc-history">of 2016</a>, ABC had eight&nbsp;owned-and-operated TV stations and more than 232 U.S. affiliates.
Disney is still expanding its media empire to this day, with its recent $71 billion buyout of Twenty-First Century Fox Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxa#NASDAQ">FOXA</a>). Disney has also launched its own direct-to-consumer ESPN streaming service, as well as TV and movie streaming service Disney+&nbsp;in 2019.
Photo: Jim.henderson, from Wikimedia Commons

Education

General

FOXA

This Day In Market History: Disney Buys ABC

Atlassian Corporation PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/team#NASDAQ">TEAM</a>) shares are trading higher by 13.6% at $302.31&nbsp;Friday morning after the company reported better-than-expected fourth-quarter&nbsp;EPS and sales results and issued first-quarter&nbsp;EPS and sales&nbsp;guidance&nbsp;above estimates.
Wells Fargo analyst Michael Turrin maintained&nbsp;Atlassian&nbsp;with an Overweight and raised&nbsp;the price target from&nbsp;$275&nbsp;to&nbsp;$325.
Mizuho analyst Gregg Moskowitz maintained&nbsp;Atlassian&nbsp;with a Buy and raised&nbsp;the price target from&nbsp;$310&nbsp;to&nbsp;$370.
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools&nbsp;and IT help desk solutions. Atlassian was founded in 2002 and is headquartered in Sydney, Australia.
Atlassian has a 52-week high of $301 and a 52-week low of $160.

Trading Ideas

TEAM

Why Atlassian Shares Are Trading Higher Friday

BHPA, INC. (OTC Markets: BHPA) Management Team Member today issued the following letter. 

July 21, 2021 

Dear BHPA, INC. Shareholders:

On June 6, 2019, BHPA, INC. (OTC Markets: BHPA) ("BHPA" and the "Company") changed its name from Star Resorts Development, Inc. and began to trade under the ticker "BHPA".

On June 21, 2019, pursuant to a Reorganization and Share Exchange Agreement, by and among the shareholders of BHPA and the shareholders of BHP Advance, Inc. ("Advance"), Advance's shareholders acquired 92.63% of the issued and outstanding shares of BHPA in the amount of 316,933,399 shares in exchange for all of the 95,000,000 issued and outstanding shares of Advance, resulting in Advance becoming a wholly-owned subsidiary of BHPA. As a cloud computing power service platform, Advance has been very optimistic about the blockchain industry and the field of computing power since its inception, believing that there is a huge space for growth in this field, and the historical data so far does confirm the Company&#39;s view that the application of blockchain and cryptocurrency would had a significant rise and development.

In 2020, BHPA deployed resources to the IPFS project and has maintained steady output since then. The IPFS (InterPlanetary File System) is a protocol and peer-to-peer network for storing and sharing data in a distributed file system, which uses content-addressing to uniquely identify each file in a global namespace connecting all computing devices. We believe that IPFS has a very good prospect and a large number of application scenarios, and could achieve a large market space in the near future.

BHPA currently holds both BTC and FIL, which we are very optimistic about and intend to keep holding for the long term. We are also actively exploring other possible business cooperation opportunities. BHPA plans to continue to be bullish on the blockchain and computing power industry and continue to grow deeply in it.

About BHPA

BHPA, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BHPA#OTC">BHPA</a>) is leveraging its strong cloud hash power and big data processing capabilities toward the creation of a reliable and convenient cloud hash power service platform. The Company&#39;s wholly-owned subsidiary, BHP Advance Inc., which acts as the technology and service operator, provides a cryptocurrency mining SaaS platform powered by a reliable and secure blockchain algorithm, along with market-leading data processing capabilities and other online services. BHP Advance has a well-established global partnership network with large-scale cryptocurrency mining farms. The Company is dedicated to providing a cloud mining solution capable of breaking new barriers in the cryptocurrency mining space, allowing crypto mining firms and enthusiasts to transcend the defining limitations of time, power, and technology horizon.

(&#34;Safe Harbor&#34; Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company&#39;s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company&#39;s filings. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20210721005516r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20210721005516/en/" rel="nofollow">https://www.businesswire.com/news/home/20210721005516/en/</a>

Recent Quotes

Related Companies

BHPA Frequently Asked Questions

How do I buy BHPA (BHPA) stock?

Who are BHPA's (BHPA) competitors?

What is the target price for BHPA (BHPA) stock?

Current Stock Price for BHPA (BHPA)?

Does BHPA (BHPA) pay a dividend?

When is BHPA (OTC:BHPA) reporting earnings?

Is BHPA (BHPA) going to split?

What sector and industry does BHPA (BHPA) operate in?