Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ: BSMP)

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Invesco BulletShares 2025 Municipal Bond ETF

PayPal Holdings Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>)&nbsp;reported fiscal first-quarter revenue growth of 9% year-over-year to $7.7 billion, beating the&nbsp;consensus estimate&nbsp;of&nbsp;<a target="_blank" href="https://investor.pypl.com/financials/quarterly-results/default.aspx" rel="noreferrer noopener">$7.5 billion</a>.&nbsp;
The company reported quarterly adjusted EPS of $1.08 per share, missing&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst estimates of $1.22</a>.
Total payment volumes increased 14% year-over-year to $403.9 billion in the quarter. Payment transactions were up 11% in the quarter, and payment transactions per active account increased 13% on a trailing 12-month basis. Total active accounts&nbsp;decreased by 1% to 427 million.
The operating margin expanded 84 basis points to 18.2%, and the adjusted operating income increased 15% year over year to $1.4 billion.
Operating cash flow&nbsp;came in at&nbsp;$1.9 billion, and free cash flow&nbsp;came in at&nbsp;$1.8 billion.&nbsp;PayPal held $17.7 billion in cash and equivalents as of March 31, 2024.
&#8220;2024 remains a transition year&nbsp;and&nbsp;we are focused on execution – driving our key strategic initiatives, realizing cost savings, and reinvesting appropriately to position the company for consistent,&nbsp;high-quality&nbsp;profitable growth in the future.&#8221;&nbsp;Alex Chriss, President and CEO, said.
Outlook:&nbsp;PayPal expects second-quarter revenues to increase by 6.5%—7% foreign exchange neutral or&nbsp;revenue&nbsp;of $7.761 billion—$7.797 billion versus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">the consensus of $7.797 billion</a>. It expects adjusted EPS to grow in the low double-digit percentage compared to EPS of $0.87 in the prior year&#8217;s period and consensus of $1.21.
PayPal expects full-year 2024 adjusted EPS to increase&nbsp;by a&nbsp;mid&nbsp;to high single-digit percentage compared to $3.83 Y/Y (prior expectations&nbsp;of&nbsp;in&nbsp;line with FY23&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/02/36993199/paypal-q4-earnings-revenue-beat-eps-beat-payment-volumes-up-15-active-accounts-down-2-soft-guidance" rel="noreferrer noopener">adjusted EPS of $5.10</a>.&nbsp;Current analyst estimates are calling for an EPS of $5.08 per share.
Consumer spending remains robust despite ongoing economic concerns impacting the payments sector. While lower-income groups have reduced discretionary spending, most Americans continue to engage in online shopping, dining out, and traveling, CNBC&nbsp;<a target="_blank" href="https://www.cnbc.com/2024/04/30/paypal-pypl-q1-earnings.html" rel="noreferrer noopener">reports</a>.
PayPal&#8217;s low-margin business offerings have&nbsp;seen significant growth, whereas its branded products have experienced slower growth due to heightened competition from rivals like&nbsp;Apple Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
<a target="_blank" href="https://www.benzinga.com/news/24/01/36864744/paypal-cuts-9-of-staff-in-efficiency-drive" rel="noreferrer noopener">Earlier this year</a>, PayPal announced it would eliminate approximately 2,500 jobs, representing 9% of its global workforce.
PayPal Holdings stock lost 11% in the last 12 months.&nbsp;Investors can gain exposure to the stock via&nbsp;Amplify ETF&nbsp;Trust Amplify Mobile Payments ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPAY#NYSE">IPAY</a>) and&nbsp;Global X&nbsp;FinTech ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FINX#NASDAQ">FINX</a>).
Price Action: PYPL shares traded higher by 5.81% at $70.90 at the last check Tuesday.
Photo courtesy of PayPal.

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PYPL

PayPal Raises Future Outlook, Expands Margins Amid Competitive Pressure from Apple

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4153881-1&amp;h=4211035846&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4079518-1%26h%3D676419274%26u%3Dhttp%253A%252F%252Fwww.nuvve.com%252F%26a%3DNuvve%2BHolding%2BCorp.&amp;a=Nuvve+Holding+Corp.">Nuvve Holding Corp.</a> ("Nuvve") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>), a global technology leader accelerating the electrification of transportation through its proprietary energy management and aggregation platform, and&nbsp; Guangzhou Great Power Energy and Technology Corporation ("Great Power)" (NCY: 300438.SZ), a global leader in lithium-ion battery manufacturing and research and development, are pleased to announce a strategic partnership to accelerate stationary storage battery deployments and their integration with the grid.
Great Power, established in 2001 with a vision to become a global leader in battery storage technology, recognizes the potential of combining its stationary batteries with electric vehicle charging infrastructure to offer significant product differentiation and market advantage. &nbsp;By leveraging Nuvve's expertise in energy management, flexibility, monetization, and aggregation platforms, Great Power aims to expand its global footprint while enabling savings and new revenue streams for its customers.
Gregory Poilasne, CEO of Nuvve, states, "We're excited about the partnership with Great Power, a leading global battery manufacturer, and their alignment with our energy management approach to electrification. &nbsp;By integrating stationary storage solutions at the edge of the grid where it is the weakest, we're able to strengthen it while enabling a smarter integration of EVs and renewables."
Yang Xia, Head of Great Power global ESS of Great Power, states, "I am thrilled to announce our partnership with Nuvve to deploy advanced battery systems for electric vehicle (EV) charging solutions. &nbsp;Great Power's state-of-the-art battery technology, powered by Nuvve's industry leading software platform will significantly reduce cost and charging times, helping to eliminate one of the main barriers to EV adoption and paving the way towards a more sustainable future and asserting our leadership in global battery technology."
Nuvve's GIVe&#x2122; platform, known for its bidirectional energy management capabilities and energy management solutions, will play a pivotal role in transforming electric vehicles and stationary batteries into grid-integrated energy storage resources. &nbsp;This partnership will enable consumers, fleet operators, utilities, municipalities, and public organizations to optimize energy usage, reduce costs, and support the integration of renewable energy sources such as solar and wind.
Some of the key aspects of this partnership include:
<ul>
<li>Nuvve serving as the preferred energy manager and flexibility aggregator for Great Power solutions.</li>
<li>Great Power supplying Nuvve-branded pre-validated Battery Energy Storage Systems (BESS) that are pre-integrated with Nuvve's GIVe&#x2122; platform, enhancing the value proposition for customers seeking optimized energy solutions.</li>
<li>Mutual interests in accelerating the electrification of vehicles, providing energy management and aggregation software platforms, enhancing smart charging and V2G services, and unlocking new sources of savings and revenues for customers.</li>
</ul>
The Nuvve-Great Power integrated solution will enable lower energy costs, resiliency via microgrid, and system control of charging and discharging to utility service limitations. &nbsp;"Our techno-economic modeling demonstrates significant energy savings from Nuvve's total energy management for customers, particularly in areas with high energy rates or demand charges. &nbsp;In the San Diego area, a typical school district purchasing energy from the local utility could save up to 40% or more on their bill by adding in a single Nuvve 400 kilowatt-hour (kWh) BESS.&nbsp; V2G technology and grid services like Demand Response increase those savings." said Hamza Lemsaddek, Nuvve's Vice President of Technology and Astrea AI.
A key milestone of this partnership will be the completion of the integration of the Great Power battery solutions with Nuvve's EMS and GIVe platform, in Q3 2024. &nbsp;Nuvve and Great Power will solidify the commitment of both organizations in a long-term relationship aimed at driving innovation and sustainability in the electric vehicle and renewable energy sectors by packaging a joint offer, including EV infrastructure, stationary storage, and energy management.
"We are witnessing a remarkable era of growth in the sectors of energy storage and electric vehicle (EV) charging, pivotal to advancing the clean energy transitions," said Dr. Evan Bierman, President of Great Power North America. "By collaborating with local partners, we aim to tailor our cutting-edge solutions to better meet the unique needs of the American market and ensure that the infrastructure for EVs is both robust and resilient. &nbsp;This strategic move not only enhances the US supply chain but significantly bolsters the local economies and supports the U.S. in maintaining its competitive edge in green technology on the global stage."&nbsp;
Initial deployments include Nuvve's <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4153881-1&amp;h=3152108466&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fcec-awards-nuvve-1-9m-grant-for-innovative-vehicle-to-microgrid-project-301949051.html&amp;a=RESCHOOL">RESCHOOL</a> and <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4153881-1&amp;h=2959580550&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fnuvve-wins-16m-project-for-fresno-economic-opportunities-commissions-50-shuttle-fleet-302041515.html&amp;a=Fresno">Fresno</a> projects, as well as deployments at other select school districts. The two companies are also working on a combined project pipeline throughout North America, Europe, and Asia.
For more information about Nuvve and Great Power, please visit <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4153881-1&amp;h=3205618676&amp;u=http%3A%2F%2Fwww.nuvve.com%2F&amp;a=www.nuvve.com">www.nuvve.com</a>.&nbsp; Details about Great Power's battery manufacturing can be found on its official website <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4153881-1&amp;h=703858859&amp;u=http%3A%2F%2Fwww.greatpower.net%2F&amp;a=www.greatpower.net">www.greatpower.net</a>.

NVVE

Nuvve And Great Power Announce Strategic Partnership To Accelerate Electric Vehicle Integration And Renewable Energy Adoption

Streaming media company<a href="https://www.globenewswire.com/Tracker?data=X6pgfdhhqFRZUqfB9Et8rNRVpAjHfxArSJ8djR526pNYumPjzy4GMylXVTcEM_6e4mu7MPuLPNuy2oI-2fbanR0EVMTpE1ImqmcZTM1c2Dx8NSU-6504qBcVEuPhAKPStuBXiPzvubBjEfHm9ZxE-EW9uhXe6aNev8AyNLO7KQ3zAjje6xpzStUq6A4ee7iMML8QO2WPbAoq5O4cg8dZACkeaL7Zsm0SJbTk7U67C2fwx2tiFCvFOiw4p_eQ1cM5YDnmlOcJ9mduFVyLzj4x5vfzW5jbciVIpyst9JaicD-ILvhBRLxidX4Brz3D36zreiFy_v7hcrvmkqaS4OpooMm0PhtZD_xAPz7tmwzv0jykCaj4VjbsYSCzw1OHbGmSkdWxTg78ZKH1yoO8amrvzg=="> Plex</a>, the largest independent ad-supported video-on-demand and streaming media platform, today announced a partnership with T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), one of the nation's biggest advertisers, to expand T-Mobile's connected TV (CTV) inventory and innovate on the connection between mobile and CTV. T-Mobile Advertising Solutions reaches 240M+ consumers across screens.
Today, Plex combines free ad-supported TV with ad-supported video on demand ("AVOD") to, on its own, reach more than 22 million monthly active users globally. Via the partnership, advertisers can leverage T-Ads insights and audience data to bring relevant ads to customers while they enjoy Plex content within a specialized T-Mobile experience. The free entertainment includes movies, binge-able series, news, and more.
Plex has the industry's most widely available ad-supported video-on-demand and live TV offerings in over 180 countries. An emerging leader in FAST and AVOD, the company<a href="https://www.globenewswire.com/Tracker?data=IxHXarsj_nluIoMCkrb0J_ZhblepCGOS56E1VxNohTV9UrWOAuX73UCP0IV-FWazcHGlfQ1vckeGh4iT3k-PX1NBR6aUzeyVxPWEg4RhcUiULPs9oKSkP84OmDJJhMHx8_B60j76mIxZzfFlcKPNy8ZRLunJqN_KxBR62NoL23-QRu4sGn75wbBKHZ2NH2jImcNsJmTUJkriSvkV_TZHoAkjR5qHhU7lSS54s-qF9KBSL2cjo__mv57ucVHpO4fYeEfCQGALjVTokVSaBwrw_7U2Ow0eV6Zpr9W8P_cgL1I6Ol9ZzgWO0lx9Ug8c-9rIeOwkj6q4Qy9_hVRUikV5h_hlCmo0-LMSYcHlsQ4EGjOITb4Mb6Y44_9XMbtbpFDvV6v9J68Jj-UHjb7QhDdg0u0aCKNs7S5AydGqlOR06IQjaD4fPd0nhWq7L0kH5nZbZYj6aOPCmotUylTVtc8v5zIqpWCIP9IkdYwCTozkGfUyGwUIqVzTOMpcYIGtERWwYvhQc88fH1DziPVC_P77BJU-nEflkYPwzB34arqWNYQqwqLusvhxZAoSYCt9jFu3s9XcR0HnDF4mmayGuqH0UnbrT_89P1qWFIJa9zID6dQ="> recently announced</a> it has the most extensive FAST channel lineup worldwide, including over 800 free channels streamed in the U.S. alone. which will be easily accessible to T-Mobile customers once launched.
Plex is an independent streaming media company with a unique position in the space and an audacious mission to build THE global community and central portal for helping people find what to watch, no matter where it is. Plex is delivering on its goal to be the first place people go to find any streaming movie and show, watch them, rate them, talk about them, and share them with friends and family.

TMUS

Plex Partners With T-Mobile, To Expand Its Connected TV Reach

McDonald&#8217;s Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) shares are trading lower after the company reported first-quarter FY24 sales growth of 4.6% year-on-year to $6.17 billion, beating&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38514596/mcdonalds-reports-first-quarter-2024-results" rel="noreferrer noopener">the analyst consensus estimate of $6.155 billion</a>.
Global comparable sales rose 1.9%, marking 13 consecutive quarters of positive comparable sales growth.&nbsp;
U.S. comparable sales rose 2.5%, and systemwide sales increased 3%. Sales by company-owned and operated restaurants increased 6% Y/Y to $2.35 billion, while sales from franchised restaurants rose 4% to $3.72 billion.
Total operating costs and expenses increased 2% to $3.43 billion. Operating income for the quarter rose 8% to $2.7 billion, with an operating margin of 44.3%, up from 42.9% year-over-year.
Adjusted EPS of $2.70&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">missed the consensus estimate of $2.72.</a>
&#8220;As consumers are more discriminating with every dollar that they spend, we will continue to earn their visits by delivering leading, reliable, everyday value and outstanding execution in our restaurants,&#8221; said CEO Chris Kempczinski.
Outlook: MCD&nbsp;<a target="_blank" href="https://www.sec.gov/Archives/edgar/data/63908/000006390824000089/exhibit992-33124xq1.htm" rel="noreferrer noopener">sees&nbsp;</a>FY24 operating margin&nbsp;to be&nbsp;in the mid-to-high 40%&nbsp;range;&nbsp;capital expenditure of $2.5 billion &#8211; $2.7 billion.
Globally, the company expects to open about 2,100 restaurants in FY24.
Price Action: MCD shares are trading lower by 3.65% at $263.56 premarket at the last check Tuesday.
Photo Generated Using Dall-E Artificial Intelligence

Equities

General

McDonald's Bottomline Faces The Heat Of Consumer Spending Cut In Q1, Shares Slide

Safe &amp; Green Holdings Corp. (NASDAQ:<a href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) ("Safe &amp; Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will take effect as of 12:01 a.m. ET, on Thursday, May 2, 2024, and shares of Safe and Green Holdings will trade on a post-split basis on Nasdaq under the existing trading symbol, "SGBX," at the market open on May 2, 2024.
At the Company's annual meeting of stockholders held December 6, 2023, stockholders approved an amendment to the Company's certificate of incorporation to implement a reverse stock split at &nbsp;a ratio of 1-for-10 to 1-for-20 and granted the board of directors the authority to implement and determine the exact split ratio within such range, which was subsequently set by the board at a ratio of 1-for-20. Following the reverse stock split, the new CUSIP number of the common stock will be 786411108, with the par value per share of common stock remaining at $0.01. A proportionate adjustment will be made to the per-share exercise prices and number of shares issuable under all outstanding options, warrants, and equity awards.
Paul Galvin, Chairperson and CEO of Safe and Green, commented, "The reverse split is being implemented because we believe it will allow us to meet Nasdaq's minimum bid price requirements, among other listing requirements. In addition, we anticipate that the increased market price of the common stock expected as a result of the reverse stock split could improve the marketability of the Company's shares as well as tighten our public float and enhance our capital structure. We continue to execute on our business model and remain highly optimistic about the prospects of the Company."
When the reverse stock split becomes effective, every 20 shares of the Company's issued and outstanding common stock will be combined into one share of common stock. Each stockholder's percentage ownership interest in Safe and Green Holdings will remain unchanged after the reverse stock split. &nbsp;
No fractional shares will be issued in connection with the reverse stock split. Stockholders of record will receive a cash payment in lieu of fractional shares to which they would otherwise be entitled. Stockholders, either as direct or beneficial owners, will not be required to take any action following the reverse stock split and will have their holdings electronically adjusted by the Company's transfer agent,&nbsp;Equiniti Trust Company LLC (and for beneficial holders by their brokers or banks). Additionally, beneficial holders may contact their bank, broker, custodian, or other nominee with any questions regarding processing procedures for the reverse stock split and payment for fractional shares.

Stock Split

SGBX

Safe & Green Holdings Corp Announces 1-For-20 Reverse Split Of The Company's Common Stock, Will Trade On A Post-Split Basis On Nasdaq Under The Existing Trading Symbol At The Market Open On May 2, 2024

PayPal Sees FY24 GAAP EPS ~$3.65 Vs $4.24 Est

Pseudonymous cryptocurrency trader &#8216;Crash&#8217; shed light on the concentration of wealth among the top holders of <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38454567/trader-who-turned-15k-into-5m-predicts-these-4-meme-coins-to-emulate-the-success-of-doge-s">popular meme coins</a> like Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>), Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), and Floki (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>).
What Happened: Crash's latest <a href="https://twitter.com/CrashiusClay69/status/1784989108403642546">tweet</a> reveals that the top 100 holders of these tokens own a significant portion of the total supply, with BONK at 66.73%, DOGE at 65.46%, and FLOKI at a staggering 88.21%.
The trader argues that this concentration of wealth is a common characteristic of successful cryptocurrencies, and yet many investors are &#8220;fooled into thinking that&#8217;s bad.&#8221;
The trader suggests that those who constantly seek fair distributions in the crypto market are less likely to make money, stating, &#8220;U don&#8217;t see Amazon, Tesla, or any properly executed business FAIRLY DISTRIBUTED.&#8221;
The tweet challenges the notion of fairness in the crypto space, with &#8216;Crash&#8217; reminding followers that they were taught from a young age that life isn&#8217;t always fair. &#8220;Stop whining about fairness,&#8221; the trader urges, encouraging investors to instead focus on playing the game and making a profit.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38479551/is-the-memecoin-supercycle-over-mad-crypto-alpha-with-ivan">Is The &#8216;Memecoin Supercycle&#8217; Over? Mad Crypto Alpha With Ivan</a>
Why It Matters: This perspective on wealth concentration in successful cryptocurrencies may be controversial, as many in the crypto community value decentralization and equal opportunity. The data presented in the tweet highlights the significant influence that top holders can have on the market dynamics of meme coins that continue to gain popularity among retail investors.
According to Bitinfocharts <a href="https://bitinfocharts.com/">data</a>, the top 100 richest Dogecoin addresses hold 94.5 billion DOGE, while the top 10 addresses alone control 45.80% of the total supply. The number of active addresses in the past 24 hours stands at 45,278.
IntoTheBlock data reveals that 84% of Floki holders are currently in profit, while the concentration of large holders is at 86%. The number of transactions greater than 100,000 increased from two on April 28 to eight on April 29, and the large transaction volume expanded by 500% to reach 2.31 million.

When comparing the performance of these meme coins over the past three and twelve months, Bonk emerges as the winner in its 12-month performance, while Floki takes the lead in three-month gains. Dogecoin, the leader among meme coins, has seen its three-month and 12-month performance remain almost at the same level due to the significant drop it experienced between August 2023 and October 2023.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="418" height="144" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30072138/crash-tokens.jpg" alt="" class="wp-image-315002" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30072138/crash-tokens.jpg 418w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30072138/crash-tokens-300x103.jpg 300w" sizes="(max-width: 418px) 100vw, 418px" /></figure>
What's Next: The influence of meme coins and&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;are topics expected to be thoroughly explored at Benzinga's upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38469336/meme-coins-are-a-pure-ponzi-and-destroying-crypto-says-trader-who-thinks-dogecoin-was-diff">Meme Coins Are &#8216;A Pure Ponzi&#8217; And &#8216;Destroying Crypto,&#8217; Says Trader Who Thinks Dogecoin Was Different</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Shutterstock

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

Cryptocurrency

$BONK

$DOGE

$FLOKI

Dogecoin, Floki Or Bonk—Which Meme Coin Has The Fairest Distribution?

Barclays analyst Theresa Chen maintains Valero Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) with a Overweight and lowers the price target from $179 to $173.

Price Target

Analyst Ratings

Barclays Maintains Overweight on Valero Energy, Lowers Price Target to $173

KellyOCG clients can now access and manage global independent talent pools on Upwork through Helix UX &nbsp;
TROY, Mich., April 30, 2024 (GLOBE NEWSWIRE) -- <a href="https://www.kellyocg.com/">KellyOCG</a>, the outsourcing and consulting group of <a href="https://www.kellyservices.com/">Kelly</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KELYA#NASDAQ">KELYA</a>, KELYB)))), and <a href="https://www.upwork.com/">Upwork</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>), the world's largest work marketplace that connects businesses with independent talent across the globe, have formed a strategic partnership that enables KellyOCG clients to source, hire, and collaborate with skilled independent professionals on Upwork through Kelly's <a href="https://www.kellyocg.com/solutions/human-cloud/">Human Cloud</a> solution.
KellyOCG is the first Managed Service Provider (MSP) to partner with Upwork, allowing clients to tap into Upwork's vast global network of highly skilled professionals across more than 10,000 skills and over 125 categories of work. Powered by <a href="https://www.kellyocg.com/solutions/kelly-helix-ux/">Kelly Helix UX and Helix Analytics</a>, the Kelly Human Cloud solution delivers a curated pipeline of highly skilled, niche talent through one easy-to-use interface and provides clients with unparalleled visibility into their external workforces.
"This partnership with Upwork further elevates what has already been recognized as the leading human cloud aggregator on the market," Tammy Browning, president of KellyOCG, said. "Together, KellyOCG and Upwork enable clients to quickly scale and align their workforces and drive stronger business performances without the stress and hassle that often come with engaging freelance talent across multiple different systems."
"Enterprises are increasingly seeking streamlined end-to-end work solutions that provide high-quality talent from anywhere," Zoë Diamadi, general manager of enterprise at Upwork, said. "Our partnership with KellyOCG enables companies to leverage its existing technology, while expanding access to more independent talent with the most up-to-date skills at scale."
The Kelly Human Cloud solution offers the simplest way to engage and collaborate with expert talent by bringing together the best online talent platforms in one powerful, user-friendly interface. It uses a company's pre-existing MSP to integrate with freelance work platforms and identifies talent based on a customer's needs for skills such as strategy and analytics, operations and organizational effectiveness, corporate finance, project management, marketing, and web development.
This is a curated process integrated with analytics to ensure that hiring managers have insight into their total workforce and independent talent productivity, leveraging up-to-date support information, a program guide, and access to unmatched quality talent.
It provides a faster and more cost-efficient hiring solution by helping companies avoid a piecemeal approach to searching separate platforms for talent. This helps improve process compliance, increases transparency to budgets, and creates a better experience for professionals and hiring managers.
The Kelly Human Cloud solution is an important part of an organization's Total Talent Management approach that provides holistic support across multiple channels. Permanent hires, project-based talent solutions, and other niche needs are all part of today's workforce demands. Kelly gives employers full visibility into these labor channels by providing detailed analytics and best practices on sourcing, supporting, and nurturing their talent communities.

KELYA

KELYB

UPWK

KellyOCG Partners With Upwork Enterprise To Grow Its Human Cloud Solution

The US Securities and Exchange Commission (SEC) has been <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38404202/why-sec-delays-put-the-may-ethereum-etf-deadline-in-doubt">scrutinizing the nature of Ethereum</a> and whether it should be classified as a security, according to new details emerging from court documents released on Monday. 
What Happened: This investigation has been ongoing for over a year, unbeknownst to many in the crypto community until now.
Last week, blockchain technology company Consensys <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38441774/consensys-sues-sec-over-ethereum-classification-calls-for-regulatory-clarity">filed a lawsuit against the SEC</a>, claiming that the agency has been secretly building a case to reclassify Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) — from previously being considered a commodity — to a security since early 2023. 
According to the lawsuit, Gurbir Grewal, the SEC&#8217;s director of the division of enforcement, sanctioned a Formal Order of Investigation into Ethereum transactions in March 2023. 
This order enabled the SEC to issue subpoenas and gather testimony under oath, escalating the level of scrutiny on Ethereum.
The revelation helps explain why SEC Chairman Gary Gensler dodged a direct answer during an April 2023 Congressional testimony when questioned about Ethereum's classification. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38515668/bitcoin-etfs-record-51m-net-outflows-on-monday-continue-3-week-outflow-trend">Bitcoin ETFs Record $51M Net Outflows On Monday, Continue 3-Week Outflow Trend</a>
&#8220;He did not want to admit that his SEC had already secretly cemented its power-grab by issuing an order of investigation designating ETH as a security,&#8221; stated Consensys in the unredacted complaint.
The lawsuit by Consensys outlines two primary allegations: firstly, that Ethereum is not a security and, thus, the SEC's ongoing investigation is baseless; secondly, that the SEC is wrongfully targeting Consensys for its popular MetaMask product, which the SEC considers a broker-dealer.
Further complicating matters, Consensys received a Wells notice indicating the SEC&#8217;s intention to pursue enforcement action for alleged securities law violations concerning its MetaMask Swaps and Staking products. 
Notably, this notice did not specify charges directly related to Ethereum.
This lawsuit comes in the backdrop of the SEC's broader approach to cryptocurrencies, where it has previously listed certain tokens as securities in its legal actions against major exchanges like Coinbase and Binance. 
However, Ethereum was not mentioned as a security in these cases, underscoring the ambiguous and evolving regulatory stance on various digital assets.
What&#8217;s Next: As this legal confrontation unfolds, its implications for the crypto market are vast and will likely be a significant topic of discussion at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38464921/michael-saylor-summarizes-why-microstrategy-is-superior-to-bitcoin-etfs">Michael Saylor Summarizes Why MicroStrategy Is Superior To Bitcoin ETFs</a>
Image: Shutterstock

$ETH

Consensys Alleges SEC Covertly Targeted Ethereum, Sparking Legal Battle

Travelers Companies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) short percent of float has fallen 8.13% since its last report. The company recently reported that it has 3.35 million shares sold short, which is 1.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.13 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Travelers Companies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714483823_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Travelers Companies has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Travelers Companies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Travelers Companies's peer group average for short interest as a percentage of float is 1.73%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into Travelers Companies's Recent Short Interest

Camden Prop Trust's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPT#NYSE">CPT</a>) short percent of float has fallen 3.19% since its last report. The company recently reported that it has 2.98 million shares sold short, which is 3.95% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.79 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Camden Prop Trust Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714483818_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Camden Prop Trust has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Camden Prop Trust's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Camden Prop Trust's peer group average for short interest as a percentage of float is 2.88%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Camden Prop Trust's Recent Short Interest

Altimmune's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NYSE">ALT</a>) short percent of float has risen 41.55% since its last report. The company recently reported that it has 17.73 million shares sold short, which is 25.21% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.12 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Altimmune Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714483812_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Altimmune has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Altimmune's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Altimmune's peer group average for short interest as a percentage of float is 12.27%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Altimmune's Recent Short Interest

Keefe, Bruyette &amp; Woods analyst Christopher Mcgratty maintains UMB Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UMBF#NASDAQ">UMBF</a>) with a Market Perform and raises the price target from $86 to $93.

UMBF

Keefe, Bruyette & Woods Maintains Market Perform on UMB Financial, Raises Price Target to $93

NexGen Energy Ltd. ("NexGen" or the "Company")&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/NXE#TSX">NXE</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NXE#NYSE">NXE</a>) (ASX: NXG) is pleased to announce that it has entered into an amended and restated placement agreement dated April 30, 2024 (the "Placement Agreement") with a lead manager and bookrunner in Australia, Aitken Mount Capital Partners &nbsp;(the "Lead Manager") to upsize its previously announced Australian offering to be 20,161,290 common shares (the "Shares") of the Company, at a price of C$11.11 per Share (based on the daily average exchange rate of A$1.00=C$0.8963 published by the Bank of Canada on April 29, 2024) for aggregate gross proceeds of approximately C$224 million (the "Offering"). Canaccord Genuity acted as Lead Co-Manager to the Offering.
The Offering will be marketed to Australian investors to enhance the liquidity, trading volumes and market capitalization of the Company's CHESS Depositary Interests ("CDIs") listed on the ASX and will be done in accordance with the terms of the Placement Agreement.&nbsp; The net proceeds of the Offering will be used to fund the continued development and further exploration of the Company's mineral properties, and for general corporate purposes.
Closing of the Offering is expected to occur on or about May 15, 2024, with settlement to occur through newly-issued CDIs listed on the ASX. &nbsp;The ASX uses an uncertificated electronic system called CHESS for the electronic clearance and settlement of trades on the ASX in depositary instruments know as CDIs. CDIs represent the beneficial interest in an underlying Share, which are traded in a manner similar to shares in an Australian company listed on ASX. Each CDI represents a unit of beneficial ownership in one underlying Share.
The Shares will be issued pursuant to a prospectus supplement (the "Prospectus Supplement") to the Company's final short form base shelf prospectus to be filed in all provinces and territories of Canada dated December 8, 2023 (the "Base Shelf Prospectus"). The CDIs will not be qualified by the Prospectus Supplement or the Base Shelf Prospectus, and may not be offered or sold in Canada. Resales of CDIs in Canada will be restricted under applicable Canadian securities laws. The CDIs and underlying Shares have not been registered under the U.S. Securities Act of 1933, and may not be offered or sold in the United States absent registration thereunder or an applicable exemption from the registration requirements thereof.
Issuance of the Shares is subject to a number of conditions, including receipt of customary TSX and NYSE approvals. The Lead Manager may terminate its obligations under the Placement Agreement, at its discretion, on the basis of certain "market out", "disaster out", and "regulatory out" conditions, in addition to the occurrence of certain stated events.

Offerings

Nuveen Arizona Dividend Advantage Municipal Funds 3

TSX:NXE

NexGen Announces Upsized C$224 Million CDI Offering In Australia

<a href="https://pr.report/Jg3l6vuL">Ideal Power Inc.</a> ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPWR#NASDAQ">IPWR</a>), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN&#x2122; bidirectional semiconductor power switch, today announces that the Company received an order for <a href="https://pr.report/Q2sYtcnP">SymCool&#x2122; power modules</a> and drivers from one of the two Forbes Global 500 leaders in diverse power management markets in Ideal Power's B-TRAN&#x2122; test and evaluation program.
"We are delighted to announce this power management market leader in our test and evaluation program is now ordering SymCool&#x2122; power modules. This global customer is evaluating SymCool&#x2122; for use in its bidirectional solid-state circuit breaker products for diverse industrial markets," stated Dan Brdar, President and Chief Executive Officer of Ideal Power. "Strong momentum continues, and we look forward to design wins and/or custom development agreements for solid-state circuit breaker applications in industrial markets. We expect industrial markets to be the earliest source of our sales ramp beginning in the second half of 2024."
This global power management market leader is evaluating SymCool&#x2122; against IGBT modules for use in solid-state circuit breaker (SSCB) applications. The order for SymCool&#x2122; power modules follows the customer's testing of discrete B-TRAN&#x2122; devices as part of the B-TRAN&#x2122; test and evaluation program. Testing confirmed that the B-TRAN&#x2122; technology packaged into the multi-die SymCool&#x2122; power module has significantly lower conduction losses compared to conventional power semiconductors such as IGBTs, an advantage that is even more pronounced in bidirectional applications. In addition to energy savings, this improved efficiency also results in lower cost and less complex cooling systems, benefits that significantly impact the economics of OEM products such as SSCBs.
In response to this customer's requests, Ideal Power provided high-volume quotes for SymCool&#x2122; power modules. This customer may also evaluate our technology for its other power conversion applications.

Contracts

IPWR

Ideal Power Announces Order For SymCool Power Modules From Forbes Global 500 Power Management Market Leader; No Financial Terms Disclosed

Wall Street expects Mastercard Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) to report $3.23 in earnings per share, and $6.3 billion in revenues for its first-quarter earnings report, set to be announced on Wednesday <a href="https://www.benzinga.com/calendars/earnings?tickers=MA">before market hours</a>.
Mastercard has a history of exceeding Wall Street&#8217;s earnings expectations. The credit card giant is expected to have strong earnings in the first quarter of 2024. 
The company is likely to continue benefiting from high transaction volumes due to rising consumer spending fueled by real wage and income growth.
Let&#8217;s look at what the charts indicate for Mastercard stock, and how the stock currently maps against Wall Street estimates.
<h3 class="wp-block-heading">Mastercard Stock Trend Strongly Bearish</h3>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="625" height="454" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30083852/Screenshot-2024-04-30-at-6.08.05-PM.png" alt="" class="wp-image-315213" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30083852/Screenshot-2024-04-30-at-6.08.05-PM.png 625w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30083852/Screenshot-2024-04-30-at-6.08.05-PM-300x218.png 300w" sizes="(max-width: 625px) 100vw, 625px" /></figure>
<a target="_blank" href="https://pro.benzinga.com/dashboard" rel="noreferrer noopener">Chart: Benzinga Pro</a>
The share price is currently trading below its 5, 20, and 50-day exponential moving averages. 
This indicates selling pressure and suggests a risk of further bearish movement. 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="625" height="454" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30083913/Screenshot-2024-04-30-at-6.08.34-PM.png" alt="" class="wp-image-315216" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30083913/Screenshot-2024-04-30-at-6.08.34-PM.png 625w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30083913/Screenshot-2024-04-30-at-6.08.34-PM-300x218.png 300w" sizes="(max-width: 625px) 100vw, 625px" /></figure>
<a target="_blank" href="https://pro.benzinga.com/dashboard" rel="noreferrer noopener">Chart: Benzinga Pro</a>
The stock is also trading below its eight-day simple moving average, which signals bearishness. The 20-day and 50-day simple moving averages also add to the bearish setup, trading away and above the current share price. 
However, the 200-day simple moving average trading below the price, suggests some bullishness for the long term.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="625" height="454" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30084124/Screenshot-2024-04-30-at-6.05.14-PM.png" alt="" class="wp-image-315235" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30084124/Screenshot-2024-04-30-at-6.05.14-PM.png 625w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/30084124/Screenshot-2024-04-30-at-6.05.14-PM-300x218.png 300w" sizes="(max-width: 625px) 100vw, 625px" /></figure>
<a target="_blank" href="https://pro.benzinga.com/dashboard" rel="noreferrer noopener">Chart: Benzinga Pro</a>
The Moving Average Convergence Divergence (MACD) indicator is negative at -3.89, further supporting a bearish sentiment. The Relative Strength Index (RSI) at 36.50, is below 50, indicating oversold conditions. 
The Bollinger Bands have Mastercard stock trading in the lower band for almost a month now, adding to the bearishness.
Some longer-term indicators suggest a buying opportunity as U.S. consumer spending is robust, benefiting the entire card sector. 
Risks include interchange fees, competition from Visa and other payment services like PayPal Holdings, which <a href="https://www.benzinga.com/quote/PYPL/earnings">beat Q1 revenue estimates</a>. 
Also Read: <a href="https://www.benzinga.com/insights/news/24/04/38493399/investigating-mastercards-standing-in-financial-services-industry-compared-to-competitors">Investigating Mastercard&#8217;s Standing In Financial Services Industry Compared To Competitors</a>
<h3 class="wp-block-heading">Mastercard Analysts Consensus Ratings</h3>
Ratings &amp; Consensus Estimates: <a href="https://www.benzinga.com/quote/MA/analyst-ratings">The consensus analyst rating</a> on Mastercard stock stands at a Buy currently with a price target of $446.87.
However, the most recent analyst ratings for Mastercard, released in the month of April have their price targets in the range of $520 &#8211; $545, suggesting a decent potential upside for Mastercard stock.
MA Price Action: Mastercard stock closed Monday at $457.10, down 1.15%. The stock is up 20.33% over the past year; +7.17% year-to-date.
Read Next: <a href="https://www.benzinga.com/news/24/04/38337407/mastercards-latest-virtual-card-app-move-to-boost-contactless-payments-analyst-eyes-substantial-grow">Mastercard&#8217;s Latest Virtual Card App Move to Boost Contactless Payments; Analyst Eyes Substantial Growth Citing Advanced Security and Digital Innovations</a>
Image: Shutterstock

Analyst Color

Technicals

Mastercard Tends To Exceed Wall Street Expectations, But Signals Are Bearish Ahead Of Q1 Earnings

Barclays analyst Tim Long maintains SBA Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBAC#NASDAQ">SBAC</a>) with a Overweight and lowers the price target from $255 to $241.

SBAC

Barclays Maintains Overweight on SBA Comms, Lowers Price Target to $241

Keefe, Bruyette &amp; Woods analyst Damon Delmonte maintains Midland States Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSBI#NASDAQ">MSBI</a>) with a Market Perform and lowers the price target from $28 to $26.

MSBI

Keefe, Bruyette & Woods Maintains Market Perform on Midland States Bancorp, Lowers Price Target to $26

<a href="https://www.theinformation.com/articles/as-tech-firms-prioritize-ai-in-news-dealings-other-deals-get-cut" title="https://www.theinformation.com/articles/as-tech-firms-prioritize-ai-in-news-dealings-other-deals-get-cut">https://www.theinformation.com/articles/as-tech-firms-prioritize-ai-in-news-dealings-other-deals-get-cut</a>

GOOG

GOOGL

The Information Reported 'As Tech Firms Prioritize AI In News Dealings, Other Deals Get Cut' Google Has Agreed To Pay News Corp Between $5M And $6M Annually To Develop AI-Related Content And Products'