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Investors with a lot of money to spend have taken a bullish stance on Walt Disney (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DIS, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Walt Disney.
This isn't normal.
The overall sentiment of these big-money traders is split between 69% bullish and 30%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $435,284, and 6 are calls, for a total amount of $421,675.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $95.0 to $115.0 for Walt Disney over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Walt Disney options trades today is 3726.86 with a total volume of 2,805.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Walt Disney's big money trades within a strike price range of $95.0 to $115.0 over the last 30 days.
<h3>Walt Disney 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727187394_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$11.6</td>
<td>$10.75</td>
<td>$11.45</td>
<td>$110.00</td>
<td>$148.7K</td>
<td>137</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>DIS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.25</td>
<td>$13.2</td>
<td>$13.2</td>
<td>$105.00</td>
<td>$146.3K</td>
<td>6.2K</td>
<td style="text-align: right;">105</td>
</tr>
<tr>
<td>DIS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.35</td>
<td>$13.2</td>
<td>$13.2</td>
<td>$105.00</td>
<td>$87.3K</td>
<td>6.2K</td>
<td style="text-align: right;">180</td>
</tr>
<tr>
<td>DIS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.2</td>
<td>$13.15</td>
<td>$13.17</td>
<td>$105.00</td>
<td>$84.4K</td>
<td>6.2K</td>
<td style="text-align: right;">192</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.89</td>
<td>$1.88</td>
<td>$1.88</td>
<td>$100.00</td>
<td>$73.1K</td>
<td>9.7K</td>
<td style="text-align: right;">429</td>
</tr>
</tbody>
</table>

<h3>About Walt Disney</h3>
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
<h3>Present Market Standing of Walt Disney</h3>
<ul>
<li>With a trading volume of 1,522,167, the price of DIS is down by -0.4%, reaching $92.6.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 43 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Walt Disney</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $91.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Macquarie has decided to maintain their Neutral rating on Walt Disney, which currently sits at a price target of $91. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Walt Disney options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Walt Disney Unusual Options Activity

Deep-pocketed investors have adopted a bullish approach towards Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in COST usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Costco Wholesale. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 33% leaning bullish and 33% bearish. Among these notable options, 6 are puts, totaling $238,687, and 12 are calls, amounting to $1,132,282.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $675.0 to $1200.0 for Costco Wholesale over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Costco Wholesale's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Costco Wholesale's whale trades within a strike price range from $675.0 to $1200.0 in the last 30 days. 
<h3>Costco Wholesale 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727187389_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$24.0</td>
<td>$23.6</td>
<td>$24.0</td>
<td>$910.00</td>
<td>$480.0K</td>
<td>47</td>
<td style="text-align: right;">201</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$251.2</td>
<td>$248.55</td>
<td>$251.2</td>
<td>$675.00</td>
<td>$175.8K</td>
<td>23</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$29.0</td>
<td>$28.65</td>
<td>$29.0</td>
<td>$900.00</td>
<td>$142.1K</td>
<td>1.0K</td>
<td style="text-align: right;">38</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$67.85</td>
<td>$66.5</td>
<td>$66.5</td>
<td>$850.00</td>
<td>$66.5K</td>
<td>241</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>COST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$102.8</td>
<td>$100.05</td>
<td>$101.32</td>
<td>$1000.00</td>
<td>$60.7K</td>
<td>28</td>
<td style="text-align: right;">6</td>
</tr>
</tbody>
</table>

<h3>About Costco Wholesale</h3>
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
After a thorough review of the options trading surrounding Costco Wholesale, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Costco Wholesale's Current Market Status</h3>
<ul>
<li>With a volume of 271,797, the price of COST is down -1.12% at $906.8. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 2 days.</li>
</ul>
<h3>What The Experts Say On Costco Wholesale</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $919.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Telsey Advisory Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $925. 
&#x2A; An analyst from Truist Securities downgraded its action to Hold with a price target of $873. 
&#x2A; Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Outperform rating for Costco Wholesale, targeting a price of $925. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $925. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Costco Wholesale, maintaining a target price of $950. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Costco Wholesale options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

COST

Unpacking the Latest Options Trading Trends in Costco Wholesale

EF Hutton analyst Jason Kolbert maintains Anixa Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIX#NASDAQ">ANIX</a>) with a Buy and maintains $10 price target.

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ANIX

EF Hutton Maintains Buy on Anixa Biosciences, Maintains $10 Price Target

Whales with a lot of money to spend have taken a noticeably bearish stance on Micron Technology.
Looking at options history for Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $654,501 and 13, calls, for a total amount of $503,506.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $115.0 for Micron Technology over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Micron Technology options trades today is 5456.94 with a total volume of 4,561.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Micron Technology's big money trades within a strike price range of $80.0 to $115.0 over the last 30 days.
<h3>Micron Technology Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727187384_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$24.2</td>
<td>$24.1</td>
<td>$24.1</td>
<td>$115.00</td>
<td>$269.9K</td>
<td>4.2K</td>
<td style="text-align: right;">139</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$14.05</td>
<td>$13.95</td>
<td>$13.95</td>
<td>$100.00</td>
<td>$139.5K</td>
<td>13.5K</td>
<td style="text-align: right;">131</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.15</td>
<td>$13.55</td>
<td>$13.55</td>
<td>$85.00</td>
<td>$135.5K</td>
<td>1.8K</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/27/24</td>
<td>$2.54</td>
<td>$2.5</td>
<td>$2.5</td>
<td>$100.00</td>
<td>$104.7K</td>
<td>18.8K</td>
<td style="text-align: right;">940</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$6.8</td>
<td>$6.75</td>
<td>$6.8</td>
<td>$95.00</td>
<td>$79.5K</td>
<td>3.5K</td>
<td style="text-align: right;">169</td>
</tr>
</tbody>
</table>

<h3>About Micron Technology</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
After a thorough review of the options trading surrounding Micron Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Micron Technology's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 4,130,753, the MU's price is up by 0.01%, now at $93.58. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 1 days.</li>
</ul>
<h3>What Analysts Are Saying About Micron Technology</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $123.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Micron Technology with a target price of $175. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Micron Technology, targeting a price of $135. 
&#x2A; Reflecting concerns, an analyst from Exane BNP Paribas lowers its rating to Underperform with a new price target of $67. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Micron Technology with a target price of $100. 
&#x2A; An analyst from Needham persists with their Buy rating on Micron Technology, maintaining a target price of $140. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Micron Technology with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

What the Options Market Tells Us About Micron Technology

Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) will release earnings results for its fourth quarter, after the <a href="https://www.benzinga.com/quote/MU/earnings">closing bell on Wednesday, Sept. 25.</a>
Analysts expect the Boise, Idaho-based company to report quarterly earnings at $1.13 per share, versus a year-ago loss of $1.07 per share. Micron is projected to post quarterly revenue of $7.64 billion, up from $4.01 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 17, Micron announced the availability of the Crucial P310 2280 Gen4 NVMe solid-state drive (SSD) which expands Micron&#8217;s P310 portfolio to address PCs, laptops and PlayStation 5. The company said a version with a heatsink will be released in the coming months, suited for use with PlayStation 5 and desktop gaming PCs.
Micron shares gained 2.9% to close at $93.57 on Monday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c6ab8cb85e9300015f1add/brian-chin">Stifel analyst Brian Chin</a> maintained a Buy rating and cut the price target from $165 to $135 on Sept. 19. This analyst has an accuracy rate of 70%.</li>
<li>Wells Fargo analyst Aaron Rakers maintained an Overweight rating and cut the price target from $190 to $175 on Sept. 18. This analyst has an accuracy rate of 85%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586bc4bc351b9b0001ab735d/timothy-arcuri">UBS analyst Timothy Arcuri</a> maintained a Buy rating and slashed the price target from $153 to $135 on Sept. 17. This analyst has an accuracy rate of 78%.</li>
<li>Citigroup analyst Christopher Danely maintained a Buy rating and cut the price target from $175 to $150 on Sept. 17. This analyst has an accuracy rate of 79%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58072986846faa000106abc6/joseph-moore">Morgan Stanley analyst Joseph Moore </a>maintained an Equal-Weight rating and decreased the price target from $140 to $100 on Sept. 16. This analyst has an accuracy rate of 71%.</li>
</ul>
Considering buying MU stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="514" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24030947/image-179-1024x514.png" alt="" class="wp-image-562446" style="width:596px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24030947/image-179-1024x514.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24030947/image-179-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24030947/image-179-768x385.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24030947/image-179.png 1356w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Earnings

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Micron Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

BNZI

Banzai International Shares Resume Trading

JMP Securities analyst David Scharf reiterates OneMain Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMF#NYSE">OMF</a>) with a Market Outperform and maintains $60 price target.

Reiteration

JMP Securities Reiterates Market Outperform on OneMain Holdings, Maintains $60 Price Target

Luke Gromen, president and founder of research firm Forest For The Trees, warns that the U.S. dollar-centric global monetary system is breaking down but gold and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) are <a href="https://www.benzinga.com/money/bitcoin-price-prediction">well-positioned assets</a>.
What Happened: In a recent <a href="https://www.youtube.com/watch?v=Vx4p3X-ZpYs">interview</a>, Gromen argued that the U.S. government&#8217;s fiscal situation has become so precarious that it now requires negative real interest rates and continued stock market gains to remain solvent.
"The reserve currency issuer of the world cannot afford their debt unless real rates are negative over some sustained period of time," Gromen stated. He pointed out that in August, the U.S. government's "true interest expense" &#8211; including entitlements and interest payments &#8211; reached 150% of tax receipts.
Gromen believes this dynamic will force the Federal Reserve to cut interest rates aggressively, regardless of economic conditions.
While skeptical of proposed anti-inflation measures from presidential candidates, Gromen predicts inflation will rebound as the government seeks to inflate away its debt burden. He sees gold and Bitcoin as well-positioned assets in this environment, expecting gold to potentially reach $3,000 per ounce (currently $2,632 per ounce).
<figure class="wp-block-image size-full"><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" /></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40994964/peter-schiff-isnt-pleased-with-markets-bitcoin-obsession-while-gold-is-touching-record-hig">Peter Schiff Isn&#8217;t Pleased With Market&#8217;s Bitcoin Obsession While Gold Is Touching Record Highs: &#8216;Few Investors Notice Or Care&#8217;</a>
Why It Matters: Gromen expressed optimism about Bitcoin&#8217;s prospects alongside gold in the current economic environment.
He suggested that Bitcoin has likely attracted some investment that might have previously gone to gold mining stocks, noting, &#8220;Some portion of people that buy gold miners have historically been &#8216;Well, I want to own gold, but I want to own gold with a ticker.'&#8221;
He added that the narrative for these investors may be to buy Bitcoin if they want to own gold &#8220;with a leverage.&#8221; Gromen sees both gold and Bitcoin as well-positioned assets in a regime where the world&#8217;s most indebted nation requires negative real interest rates to service its debt.
"If stocks go down and stay down, the U.S. receipts will not cover true interest expense," Gromen cautioned, underscoring the government&#8217;s dependence on rising asset prices to fund its operations. He believes U.S. stocks must continue rising to drive consumer spending and tax receipts, making a major market correction unlikely.
What&#8217;s Next: The influence of&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;is expected to be thoroughly explored at Benzinga&#8217;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:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40858231/bitcoin-decouples-from-gold-investors-leaning-towards-traditional-safe-haven-assets-crypto">Bitcoin Decouples From Gold: &#8216;Investors Leaning Towards Traditional Safe-Haven Assets,&#8217; CryptoQuant Signals</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

Bitcoin Is 'Gold With A Leverage,' Says Expert Who Sees US Government In Big Trouble Over Debt Burden

EF Hutton analyst Jason Kolbert maintains Enlivex Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENLV#NASDAQ">ENLV</a>) with a Buy and maintains $13 price target.

ENLV

EF Hutton Maintains Buy on Enlivex Therapeutics, Maintains $13 Price Target

Banzai International Shares Halted On Circuit Breaker To The Upside, Stock Now Up 100.5%

JMP Securities analyst Joey Marincek reiterates Jamf Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAMF#NASDAQ">JAMF</a>) with a Market Outperform and maintains $30 price target.

JAMF

JMP Securities Reiterates Market Outperform on Jamf Holding, Maintains $30 Price Target

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Capricor Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPR#NASDAQ">CAPR</a>) with a Buy and maintains $40 price target.

CAPR

HC Wainwright & Co. Reiterates Buy on Capricor Therapeutics, Maintains $40 Price Target

WIIM

Major indexes are lower after a drop in September consumer confidence readings.

UBS analyst Karl Keirstead maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Neutral and lowers the price target from $155 to $125.

SNOW

UBS Maintains Neutral on Snowflake, Lowers Price Target to $125

<a href="https://www.youtube.com/live/bAhpNRRkOFg?si=wFdRoZnospIp2NB2" title="https://www.youtube.com/live/bAhpNRRkOFg?si=wFdRoZnospIp2NB2">https://www.youtube.com/live/bAhpNRRkOFg?si=wFdRoZnospIp2NB2</a>

'LIVE: Novo Nordisk CEO Lars Jorgensen testifies before Senate on weight loss drugs pricing — 9/24/24' - CNBC

Capricor Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPR#NASDAQ">CAPR</a>) shares are trading higher Tuesday after the company announced intent to file a biologics license application (BLA) for the full approval of Deramiocel for the treatment of <a href="https://www.benzinga.com/pressreleases/24/09/g40999783/capricor-therapeutics-announces-intent-to-file-biologics-license-application-for-full-approval-of-">Duchenne muscular dystrophy cardiomyopathy</a>.
What To Know: Capricor said it determined its intent to file a BLA following recent meetings with the&nbsp;U.S. Food and Drug Administration.
Based on those meetings, Capricor plans to commence the filling in October, seeking full approval of deramiocel for the treatment of DMD-cardiomyopathy with full submission expected by the end of the year.
The company noted that the filing will be based on existing cardiac data from the Phase 2 HOPE-2 and HOPE-2 Open Label Extension trials. Capricor said it plans to combine Cohorts A and B of the Phase 3 clinical trial to serve as a post-approval study. 
&#8220;There are currently no approved therapies for DMD cardiomyopathy, which is the leading cause of death in those with Duchenne. Based on the strength of our cardiac data, combined with the FDA&#8217;s commitment to advancing therapeutics for the treatment of rare diseases, we are seeking approval for the cardiomyopathy associated with DMD and will look to expand the label for skeletal muscle myopathy post-approval,&#8221; said Linda Marbán, CEO of Capricor Therapeutics.
&#8220;Deramiocel has shown in multiple clinical trials attenuation of the cardiac implications of DMD. Based on the totality of evidence of the safety and efficacy data deramiocel has shown, we believe this is the best path forward to potential approval.&#8221;
<a href="http://benzinga.com/quote/capr">Capricor shares</a> are now up more than 55% over the past week. The stock has been in the spotlight since the company signed a <a href="https://www.benzinga.com/general/biotech/24/09/40899024/exclusive-capricor-therapeutics-inks-european-expansion-commercialization-pact-for-lead-asset-wit">European expansion deal </a>with Nippon Shinyaku. Several analysts have raised price targets on the stock since. Here&#8217;s a look at all of the analyst updates over the past week.
<ul>
<li>HC Wainwright &amp; Co. analyst Joseph Pantginis reiterated Capricor Therapeutics with a Buy and maintained a price target of&nbsp;$40.</li>
</ul>
<ul>
<li>Maxim Group analyst Jason McCarthy reiterates Capricor Therapeutics with a Buy and maintained a price target of&nbsp;$12.</li>
</ul>
<ul>
<li>Oppenheimer analyst Leland Gershell maintained Capricor Therapeutics with an Outperform and raised the price target from&nbsp;$14&nbsp;to&nbsp;$15.</li>
</ul>
<ul>
<li>Cantor Fitzgerald analyst Kristen Kluska reiterated Capricor Therapeutics with an Overweight and maintained a price target of&nbsp;$8.</li>
</ul>
Don&#8217;t Miss: <a href="https://www.benzinga.com/general/biotech/24/09/40899024/exclusive-capricor-therapeutics-inks-european-expansion-commercialization-pact-for-lead-asset-wit">EXCLUSIVE: Capricor Therapeutics Inks European Expansion, Commercialization Pact For Lead Asset With Japanese Pharma Firm</a>
CAPR Price Action: Capricor shares were up 27.1% at $7.63 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: 3844328 from Pixabay.

Movers

Why Capricor Therapeutics Stock Is Soaring Tuesday

UBS analyst Ross Fowler maintains Public Service Enterprise (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEG#NYSE">PEG</a>) with a Neutral and raises the price target from $87 to $94.

UBS Maintains Neutral on Public Service Enterprise, Raises Price Target to $94

JMP Securities analyst Mitch Germain reiterates EPR Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPR#NYSE">EPR</a>) with a Market Perform.

JMP Securities Reiterates Market Perform on EPR Props

By <a href="https://roboforex.com/beginners/analytics/forex-forecast/?utm_source=benzinga.com&amp;utm_medium=pr&amp;utm_campaign=rf_en_external_article_24092024&amp;utm_content=analysis&amp;utm_term=forecast">RoboForex Analytical Department</a>
The AUD/USD pair tested the 0.6860 mark on Tuesday, reaching its highest point in 2024, bolstered by supportive economic news from China. The People&#39;s Bank of China (PBoC) announced stimulus measures to boost the Chinese economy. These measures positively influence the Australian dollar due to the close economic ties between Australia and China.
The Reserve Bank of Australia (RBA) is expected to maintain its interest rate, reflecting mixed sentiment among market participants regarding the future rate trajectory. According to a recent Reuters poll of 44 economists, only four anticipate a rate cut by year-end. However, investors assign a 60% probability of a rate reduction in December.
So far, the RBA has maintained a conservative stance regarding inflation and economic activity, believing that the economy can self-adjust without intervention. Nonetheless, the global trend towards rate cuts initiated by central banks, such as the Fed and the ECB, may influence the RBA&#39;s perspective in the future.
<h3>AUD/USD Technical Analysis</h3>
<a href="https://www.benzinga.com/files/u117641/audusdh4_18.png"><img alt="" src="https://www.benzinga.com/files/u117641/audusdh4_18.png" style="height:275px; width:624px" /></a>
The AUD/USD has completed the fifth wave of growth, reaching a target of 0.6864. Currently, a potential initial wave of decline to 0.6740 is being considered. After reaching this level, a corrective move to 0.6803 could occur, marking the upper limits of a new consolidation range. A downward exit from this range might lead to further declines towards 0.6740, with a potential continuation down to 0.6677 and possibly extending to 0.6616. The MACD indicator, currently at its peak, suggests an impending decline, supporting this bearish outlook.
<a href="https://www.benzinga.com/files/u117641/audusdh1_16.png"><img alt="" src="https://www.benzinga.com/files/u117641/audusdh1_16.png" style="height:275px; width:624px" /></a>
On the H1 chart, the AUD/USD is forming a downward structure targeting 0.6805. Subsequently, a narrow consolidation range may develop, with a potential downward breakout leading to further declines towards 0.6744. This scenario is corroborated by the Stochastic oscillator. Its signal line currently above 80 but poised to move downward sharply.
Disclaimer
Any forecasts contained herein are based on the author&#39;s particular opinion. This analysis may not be treated as trading advice. RoboForex bears no responsibility for trading results based on trading recommendations and reviews contained herein.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Asia

General

AUD/USD Reaches Yearly High Amid Positive Stimulus News From China

Banzai International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) shares are racing higher Tuesday after the company announced debt payoff and restructuring agreements. Here's <a href="https://www.benzinga.com/pressreleases/24/09/g41001051/banzai-announces-24-8-million-debt-payoff-and-restructuring-agreements-with-participation-from-com">what to know</a>.
The Details:
Banzai announced that it has entered into agreements with lenders and service providers to write off up to $5.6 million of outstanding liabilities and restructure a further $19.2 million of its existing debt obligations. Including the previously executed Cantor Fitzgerald fee restructuring, this represents a total of $28.8 million in anticipated reduced and restructured liabilities.
Read Next: <a href="https://www.benzinga.com/news/24/09/40991747/snowflake-stock-dips-on-offering-after-hours-what-to-know">Snowflake Stock Dips On Offering After-Hours: What To Know</a>
Banzai said it has reached an agreement with creditors to eliminate approximately $15.3 million of debt via a combination of private placement and debt restructuring, with participation from insiders including Alco Investment Company.
As part of the debt restructuring, a term loan with CB BF Lending is being converted to a fixed-price convertible with a maturity date extended to February 19, 2027, increasing the company's cash runway and working capital.&nbsp;
"These agreements are delivering on our commitments and taking meaningful steps to significantly reduce our debt burden and strengthen Banzai&#8217;s financial position,&#8221; said Joe Davy, CEO of Banzai. &#8220;I am confident that this restructure will provide the financial flexibility needed to significantly improve the company&#8217;s balance sheet, allowing us to continue executing our strategy to build a data-driven platform with essential marketing technology solutions that integrate seamlessly."
Banzai shares are moving on heavy trading volatility and were halted for volatility shortly after the opening bell, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>. 
<h3 class="wp-block-heading">How To Buy BNZI Stock:</h3>
By now you're likely curious about how to participate in the market for Banzai International &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
BNZI Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>,Banzai shares are up 73.8% at $7.39 at the time of publication Tuesday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40991529/what-happened-with-palantir-stock-today">What Happened With Palantir Stock Today?</a></li>
</ul>
Image: Pete Linforth from Pixabay

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