Bay Community Bancorp is a community banking institution headquartered in Oakland. It provides a range of loans such as business loans, property loans, construction loans, personal loans and other deposit products. Further, it offers business banking, personal banking, non-profit banking and merchant banking services.

BAY COMMUNITY BANCORP by Bay Community Bancorp

Bay Community Bancorp

Animated Series to Serve as Centerpiece of the Emerging Preschool Franchise
BOCA RATON, FL &ndash; June 24, 2021 &ndash; Grom Social Enterprises, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grom#NASDAQ">GROM</a>), which recently entered into an agreement to acquire Curiosity Ink Media &ndash; a producer of original multiplatform family entertainment &ndash; today announced that Curiosity will partner with global production and distribution powerhouse, Toon2Tango GmbH &amp; Co. KG, to develop Curiosity&rsquo;s original IP (intellectual property) Baldwin&rsquo;s Big Adventure into an animated preschool series. The series will serve as a centerpiece for the emerging preschool franchise, which recently unveiled a Baldwin&rsquo;s Big Adventure book slated to hit shelves in Spring 2022. The announcement was made jointly by Curiosity Ink Media&rsquo;s Chief Content Officer, Russell Hicks and Toon2Tango Chief Executive Officer, Ulli Stoef.&nbsp;
The partnership bolsters Curiosity&rsquo;s expansion into original IP franchise properties, the thrust of its storytelling catalogue. Toon2Tango, the Munich, Germany-based production company and specialists in development and distribution of kids&rsquo; and family content, enhances their global reach in animation production and brand building to prepare IP for global audiences. Additionally, Toon2Tango will aid Curiosity&rsquo;s efforts to tailor Baldwin&rsquo;s Big Adventure to accommodate local cultural and language needs.&nbsp;
Baldwin&rsquo;s Big Adventure tells the story of a young, fearless switcher train with a giant heart who embarks on a journey to reunite with his father.&nbsp; In the tradition of Dora, the Explorer, preschoolers will meet new friends, learn important life lessons, and navigate the world along with Baldwin, as he sets out on a new adventure in each installment.&nbsp;
&ldquo;We see enormous global potential for Baldwin&rsquo;s Big Adventure and are excited to partner with the experts from Toon2Tango to bring this franchise to life,&rdquo; said Hicks. &ldquo;Their dedication to storytelling through compelling custom animation make them the ideal partner to cultivate this emerging property and serve as a gateway to revenue generating opportunities presented by the success we envision for this title.&rdquo;&nbsp;
Ulli Stoef added, &ldquo;We are very happy to join forces with the ambitious and experienced team at Curiosity and Grom and are excited to help Baldwin start his journey. It is a wonderful concept with stunning visuals and powerful and appealing storytelling. This is the first step in the birth of a brand that will bring joy and pleasure for generations to come.
About Toon2Tango
Toon2Tango is a boutique company specializing in IP creation, development, financing, production, distribution and brand building within the kids and family entertainment sector. The company is positioned as a worldwide operation working across all types of children&rsquo;s and family entertainment IP. Toon2Tango also actively engages in co-financing and acquisition of quality programming with a strong international appeal. Its founders are Hans Ulrich Stoef and Jo Daris, two major names in the international television and movie arena for over 25 years.
About Curiosity Ink Media&nbsp;
Curiosity Ink Media is a global media company that develops, acquires, builds, grows and maximizes the short, mid &amp; long-term commercial potential of Kids &amp; Family entertainment properties and associated business opportunities. Driven by a best-in-class leadership team, Curiosity Ink Media&rsquo;s multi-faceted I.P. library is designed to amass ongoing value through strategic stewardship, partnerships and highly targeted market entry.&nbsp;
About Grom Social Enterprises, Inc.&nbsp;
Grom Social Enterprises, Inc. is a growing social media platform and original content provider of entertainment for children under 13 years of age, which provides safe and secure digital environments for kids that can be monitored by their parents or guardians. The Company has several operating subsidiaries, including Grom Social, which delivers its content through mobile and desktop environments (web portal and apps) that entertain children, let them interact with friends, access relevant news, and play proprietary games while teaching them about being good digital citizens. The Company owns and operates Top Draw Animation, which produces award-winning animation content for some of the largest international media companies in the world. Grom also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private businesses. For more information, please visit gromsocial.com.&nbsp;
For Grom Social Enterprises/Curiosity Ink Media
Marianne Romano
+1-818-681-0849
<a href="mailto:Romanomarianne@me.com">Romanomarianne@me.com</a>
For Toon2Tango
Claudia Hennekemper
<a href="mailto:claudia.hennekemper@toon2tango.com">claudia.hennekemper@toon2tango.com</a>
&nbsp;+49-89-2080-4710
For Investor Relations
John McNamara
TraDigital IR
+1-917-658-2602
<a href="mailto:john@tradigitalir.com">john@tradigitalir.com</a>

News

Penny Stocks

GROM

Curiosity Ink Media Partners with Global Production & Distribution Group Toon2Tango to Develop & Animate Baldwin's Big Adventure for Preschoolers

Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afcg#NASDAQ">AFCG</a>) is poised to raise $56.4 million through its underwritten public offering of 2.75 million shares of its common stock at $20.50 per share.
Underwriters have a month to buy up to an additional 412,500 shares of common stock at the set price.
The West Palm Beach, Florida-based company said it intends to use the net proceeds to finance loans associated with unfunded commitments to its existing borrowers&nbsp;and to fund commercial loans to companies within the cannabis space&nbsp;as well as for working capital and other general corporate purposes.
The company expects to close the transaction on or about June 28.
Jefferies, Cowen, and JMP Securities agreed to act as joint book-running managers for the offering.
The cannabis mortgage REIT <a href="https://www.benzinga.com/markets/cannabis/21/03/20253565/cannabis-reit-afc-gamma-to-debut-on-nasdaq-prices-118m-ipo">went public</a> earlier this year by offering some 6.25 million shares of its common stock at $19 per share. The company debuted on the Nasdaq Global Market in March under the ticker symbol &quot;AFCG.&quot;
Photo: Wikimedia&nbsp;Family photos of Infrogmation

Cannabis

REIT

Financing

Offerings

Markets

Real Estate

AFCG

Cannabis-Focused Mortgage REIT Raises $56.4M Just Months After NASDAQ Debut

Doximity Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/docs#NYSE">DOCS</a>) made its debut on the New York Stock Exchange Thursday.&nbsp;Doximity CFO Anna Bryson appeared on&nbsp;<a href="https://www.youtube.com/watch?v=GYjPDRkDM4A">Benzinga&#39;s YouTube show &quot;Power Hour&quot;</a>&nbsp;for an exclusive interview just before the stock began trading.&nbsp;
About Doximity: Founded 10 years ago, Doximity is the leading digital platform for medical professionals, Bryson told Benzinga.&nbsp;Over 80% of all U.S. physicians&nbsp;use the platform, the CFO said.&nbsp;
Doximity provides&nbsp;digital tools specifically designed for medicine, which allows its users to be more productive and efficient, she said.&nbsp;
The Impact Of COVID-19: Doximity designed&nbsp;a telehealth software tool for&nbsp;health&nbsp;systems that is similar to&nbsp;Zoom Video Communications Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>), Bryson said, adding that the company developed the product in response to the COVID-19 pandemic.
&nbsp;The company wanted to enable its physicians to reach patients amid shutdowns, she said.&nbsp;
The health care industry has been under-indexed on&nbsp;digital spending for a long time, but the industry is undergoing a digital transformation,&nbsp;Bryson said.&nbsp;
She estimates that the industry did about&nbsp;three years&#39; worth of shifting to digital in one year as a result of the pandemic.&nbsp;
Doximity&#39;s Physician-First Mission: Doximity still works with a lot of the same people that it did when Bryson joined the company four years ago, she said, calling this a testament to the mission-centric culture Doximity has built.&nbsp;
Physicians are at the core of the company&#39;s mission, the CFO said. The company aims to continue to enhance its existing technology moving forward, she told Benzinga.&nbsp;
Related Link:&nbsp;<a href="https://www.benzinga.com/news/21/06/21700493/healthcare-platform-doximity-prices-upsized-ipo-at-26share-trading-begins-today">HealthCare Platform Doximity Prices Upsized IPO At $26/Share; Trading Begins Today</a>
DOCS Price Action: The company priced its IPO at $26 per share&nbsp;and it opened for trading at $41.17.&nbsp;
At last check Thursday, the stock was trading up 75.54% at $45.64.

Health Care

IPOs

Exclusives

Movers

Tech

Trading Ideas

Interview

General

DOCS

EXCLUSIVE: Doximity CFO Anna Bryson Talks Digital Health Care Platform, Physician-First Mission On 'Power Hour'

<a href="https://www.businessinsider.com/states-hit-hardest-mail-delays-new-usps-postal-plan-2021-6" title="https://www.businessinsider.com/states-hit-hardest-mail-delays-new-usps-postal-plan-2021-6">https://www.businessinsider.com/states-hit-hardest-mail-delays-new-usps-postal-plan-2021-6</a>

'A new USPS plan could add two days to delivery times for some Americans. Here are the states that could be hit hardest by mail delays.' -Business Insider

E-Home Household Service Shares Resume Trade, Continue Higher, Up ~15%

Digital content and commerce company BuzzFeed is going public in a SPAC deal bringing a portfolio of brands aimed at millennials and Gen&nbsp;Z to the market.
The SPAC Deal: BuzzFeed is <a href="https://www.businesswire.com/news/home/20210624005657/en/%C2%A0BuzzFeed-the-Leading-Culture-Defining-Platform-for-Digital-Content-and-Commerce-to-Become-a-Publicly-Listed-Company-through-Merger-with-890-Fifth-Avenue-Partners-Inc">merging </a>with 890 Fifth Avenue Partners Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/enfa#NASDAQ">ENFA</a>) in a deal valuing the company at $1.5 billion.
As part of the merger, BuzzFeed is also acquiring Complex Networks for $300 million.
The merger is expected to close in the fourth quarter with the company changing to the name BuzzFeed Inc and with the ticker BZFD.
Public shareholders of ENFA <a href="https://static1.squarespace.com/static/60cbbb36879f9269a9b2c1e5/t/60d46000058c421e525ff0d2/1624530951725/BuzzFeed+Investor+Presentation.pdf">will own</a> 16.9% of the company after the merger.
About BuzzFeed: With its owned brands, BuzzFeed is a leader covering several key sectors in digital media.
The company&rsquo;s key brands include BuzzFeed (entertainment/culture), Complex (entertainment/culture), BuzzFeed News (news), Huffington Post (news) and Tasty (food).
Emerging brands for the company include As/Is (beauty), Bring Me (travel), Goodful (health), Nifty (home) and Playfull (family).
The company ranks No. 1&nbsp;in market share for time spent by Gen Z and millennials. Over 73% of this target market reads content from the company&rsquo;s brands each month.
The company&rsquo;s brands get 806 million minutes from visitors monthly.
BuzzFeed has grown through a series of acquisitions including&nbsp;Huffington Post in 2020.
The company has partnerships with Verizon Communications Inc.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vz#NYSE">VZ</a>) and Lions Gate Entertainment Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lgf-a#NYSE">LGF-A</a>)(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lgf-b#NYSE">LGF-B</a>).
Related Link<a href="http://www.benzinga.com/news/21/03/20123342/buzzfeed-in-talks-to-go-public-in-merger-with-890-fifth-avenue-spac">: Buzzfeed In Talks To Go Public In Merger With 890 Fifth Avenue SPAC</a>
Growth Ahead: BuzzFeed plans to continue to leverage its strong brands and creators in media to help monetize its portfolio.
One area the company is focused on is growing its commerce revenue. The company sees this higher-margin business segment hitting 31% of total revenue by 2024.
The company&rsquo;s partnership with Lions Gate could lead to content being turned into television and movies, diversifying the company further into the media segment.
Financials: The company is forecasting revenue to grow 24% year-over-year to $521 million in fiscal 2021 and 26% year-over-year to $654 million in fiscal 2022. Revenue is expected to grow at a compounded annual growth rate of 26% from fiscal 2020 to fiscal 2024.
BuzzFeed lists positive net earnings and sees growing EBITDA margins in the coming years.
Revenue was split 48% content, 41% advertising and 11% commerce in fiscal 2019.
ENFA Price Action: Shares of ENFA are up 1.02% to $9.88 on Thursday at last check.&nbsp;
&nbsp;
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" frameborder="0" height="315" src="https://www.youtube.com/embed/g822oF52d-E" width="560"></iframe>

Media

ENFA

LGF-A

LGF-B

LGFA

LGFB

BuzzFeed Going Public Via SPAC Merger: What Investors Should Know

Toward the end of trading Thursday, the Dow traded up 1.03% to 34,222.59 while the NASDAQ rose 0.74% to 14,377.16. The S&amp;P also rose, gaining 0.67% to 4,270.15.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,577,710 cases with around 602,830 deaths. India confirmed a total of at least 30,082,770 cases and 391,980 deaths, while Brazil reported over 18,169,880 COVID-19 cases with 507,100 deaths. In total, there were at least 179,635,440 cases of COVID-19 worldwide with more than 3,892,810 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Financial shares rose by 1.3% on Thursday. Meanwhile, top gainers in the sector included X Financial (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xyf#NYSE">XYF</a>), up 20%, and Westwood Holdings Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/whg#NYSE">WHG</a>), up 8%.

In trading on Thursday, real estate shares fell 0.5%.

Top Headline
Accenture plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) reported stronger-than-expected results for its third quarter and raised its FY21 guidance.
Accenture reported quarterly earnings of $2.40 per share, exceeding analysts&rsquo; estimates of $2.23 per share. The company&rsquo;s quarterly sales came in at $13.30 billion, versus expectations of $12.80 billion.
Accenture said it now expects FY21 EPS of $8.71-$8.80, versus earlier guidance of $8.32-$8.50. The company also boosted its FY21 sales forecast from 6.5%-8.5% to 10%-11%.
&nbsp;

Equities Trading UP

Digital Brands Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dbgi#NASDAQ">DBGI</a>) shares shot up 36% to $5.56 on heavy volume after the company announced it is expanding its commerce ecosystem by launching a select group of brands on Amazon this Fall.

Shares of Marin Software Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrin#NASDAQ">MRIN</a>) got a boost, shooting 63% to $2.7799 after the company announced it has added the ability to manage Instacart Ads to its flagship MarinOne platform.

Miromatrix Medical Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/miro#NASDAQ">MIRO</a>) shares were also up, gaining 68% to $15.10 after the company reported pricing of upsized initial public offering.
<a href="https://www.benzinga.com/movers">Check out these big movers of the day</a>

Equities Trading DOWN
Portage Biotech Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prtg#NASDAQ">PRTG</a>) shares tumbled 27% to $25.50 after the company reported pricing of public offering of 1 million ordinary shares at $23 per share.
Shares of Rite Aid Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rad#NYSE">RAD</a>) were down 14% to $17.51 after the company reported weaker-than-expected Q1 sales.
Vinco Ventures, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbig#NASDAQ">BBIG</a>) was down, falling 12% to $4.2299 after the company announced it will spin out its Emmersive Entertainment unit.
Commodities

In commodity news, oil traded up 0.3% to $73.33, while gold traded down 0.3% to $1,777.70.

Silver traded down 0.1% Thursday to $26.075 while copper fell 0.1% to $4.3250.

Euro zone
European shares closed higher today. The eurozone&rsquo;s STOXX 600 gained 0.87%, the Spanish Ibex Index climbed 1.34% and the German DAX 30 gained 0.86%. Meanwhile, the London&rsquo;s FTSE 100 rose 0.51%, French CAC 40 climbed 1.22% and Italy&rsquo;s FTSE MIB surged 1.38%.
German Ifo Business Climate indicator increased 2.6% to 101.8 in June, while French manufacturing climate indicator came in unchanged at 107 in June. Spanish gross domestic product contracted 0.4% on quarter during the first three months of the year.

Economics

US durable goods orders rose 2.3% month-over-month in May.

The US economy expanded by an annualized 6.4% in the first quarter.

The US goods trade deficit increased to $88.1 billion in May versus a revised $85.7 billion gap in the prior month.

US initial jobless claims dropped to 411,000 in the week ending June 19th, versus a revised 418,000 in the prior period.

Wholesale inventories rose 1.1% to $707.5 billion in May.

US natural-gas supplies climbed 55 billion cubic feet last week, the Energy Information Administration said.

The Kansas City Fed&#39;s Manufacturing Production Index fell to 30 in June from 32 in the earlier month..

<a href="https://www.benzinga.com/calendar/economics/">Check out the full economic calendar here </a>

Earnings

Eurozone

Commodities

Small Cap

Global

Intraday Update

BBIG

DBGI

MIRO

MRIN

PRTG

Mid-Afternoon Market Update: Dow Jumps Over 300 Points; Portage Biotech Shares Slide

E-Home Household Service Shares Halted On Circuit Breaker To Upside, Up ~8%

Last year, the European Court of Justice&nbsp;<a class="editor-rtfLink" href="http://www.benzinga.com/markets/cannabis/20/11/18498204/cbd-is-not-a-narcotic-european-court-rules-against-restrictions-on-cbd-commerce" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">ruled that CBD is not a narcotic</a>, which should have opened the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/cannabis/20/12/18953712/cbd-shops-in-france-increase-following-eu-ruling-some-project-1b-market" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">doors to legal sales</a>&nbsp;of CBD-infused products in EU member states. But that didn&#39;t happen, at least not in France.
Background
The court case is centered around a dispute between&nbsp;French law and&nbsp;the European Union&rsquo;s single market rules, which allow for&nbsp;the freedom of movement of goods across its 27&nbsp;member states.
France had&nbsp;prosecuted two men in 2014&nbsp;for marketing their legal Kanavape-branded CBD vaping products that were&nbsp;imported from the Czech Republic - a member of the EU. They&nbsp;were convicted under France&rsquo;s national narcotics laws and handed 18-month suspended prison sentences plus fines of &euro;10,000.
Change Of Heart
On Wednesday,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/world/europe/french-court-overturns-ruling-saying-sale-cannabidiol-is-illegal-2021-06-23/" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">reported Reuters</a>, France&rsquo;s highest appeals court overturned the&nbsp;ruling that had banned all French shops from selling CBD products. Judges ruled that the sale of&nbsp;CBD in France was indeed legal if&nbsp;it had been legally produced in a member state of the bloc.
&quot;Without considering whether the substances seized had not been legally produced in another member state of the European Union, the court failed to provide a basis for its decision,&quot; according to the ruling of a lower appeals court.
While the Cour de Cassation, one of France&#39;s four courts of last resort, did not&nbsp;rule on whether the sale of CBD in the country was&nbsp;legal,&nbsp;it ordered a lower court to rule again on a case with the owner of a shop selling CBD.&nbsp;
Sounds Complicated But Results Are Positive
&quot;We are happy&quot;, CBD shop owner Mathieu Bensa who was not involved in the case told Reuters after the ruling.&nbsp;&quot;We did not understand why France was the last country in the European Union that had not given access to the sale of hemp plants.&quot;&nbsp;
Despite cannabis use being illegal in France, the country is said to have among the highest consumption rates in the EU, on a par with a very cannabis-happy Spain.
Can Legal Medical Marijuana Be Far Off?
Many European cannabis watchers&nbsp;say it is a distinct possibility that in several years, France will legalize MMJ once it finishes summarizing data being collected during an ongoing&nbsp;two-year medical cannabis pilot program.&nbsp;
Photo by <a href="https://unsplash.com/@ettocl?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">L&eacute;onard Cotte</a> on <a href="https://unsplash.com/s/photos/france?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>

France Finally Agrees With Europe As Appeals Court Overturns Negative Ruling On CBD Sales

WIIM

BYFC

UONE

Shares of Carver Bancorp, Urban One and Broadway Financial are trading higher, not seeing specific news catalyst. NOTE: All three stocks have been seen as a play on minority-owned businesses.

Microsoft Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) made interesting revelations of its latest Windows operating system since 2015 today,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/technology/microsoft-unveil-first-new-windows-six-years-2021-06-24/" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Reuters reported</a>.
Windows App Store:&nbsp;The new Windows Store will allow software developers to use their own in-app payment system and keep 100% of the fees or use Microsoft&#39;s payment processor for 12% commission.&nbsp;
Recently, Microsoft had criticized&nbsp;Apple Inc&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) 30% App Store commission and the policy of forcing developers to use Apple&#39;s in-app payments systems. The Windows maker had slashed commissions on games sold through the store to 12%, from the 15% it takes on regular apps.&nbsp;Alphabet Inc&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) Google Play Store also charges developers commissions.
Android:&nbsp;Microsoft will also let users find and run Android mobile applications on their laptops and PCs with&nbsp;Amazon.com Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) and&nbsp;Intel Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) technologies.&nbsp;
Microsoft announced a way to install Android apps on Windows PCs through Amazon&#39;s Appstore platform,&nbsp;<a class="editor-rtfLink" href="https://www.cnbc.com/2021/06/24/microsoft-windows-11-event-live-updates.html" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">CNBC reported</a>.&nbsp;
Windows 11 will support Android apps through Amazon&#39;s app store.
Interestingly, the Amazon App Store doesn&#39;t offer Google&#39;s popular Android apps like Gmail, Maps, and other Google services.
Some New Features:&nbsp;<a href="https://blogs.windows.com/windowsexperience/2021/06/24/building-a-new-open-microsoft-store-on-windows-11/">Windows 11</a> will include the ability to more seamlessly undock a computer connected to an external monitor to take a call in a quieter room and then return to the docking station afterward.
Microsoft will integrate its Teams chat software directly into the operating system, intensifying competition with&nbsp;Slack Technologies Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/work#NYSE">WORK</a>). It&#39;s also getting more videoconferencing features akin to Apple&#39;s FaceTime or Mac Messages.
Microsoft is bringing some features from its Xbox consoles to Windows 11. Windows 11 will include automatic HDR. It also announced direct storage, which allowed large game worlds to load with speedy hard drives quickly.
Microsoft will include new tools for tipping content creators, including local news outlets directly in the OS.
Why It Matters:&nbsp;Microsoft recently&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/21/06/21678110/microsoft-joins-apple-in-the-2t-valuation-club" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">reached a market capitalization</a>&nbsp;of $2 trillion, as the only company apart from Apple to reach the milestone.
Apple&#39;s iOS and Google thwarted Windows-powered Microsoft&#39;s rise in the 1990s from PCs fixture as mobile phones displaced PCs as the primary computing device for billions of users.
Interestingly, Microsoft&#39;s computing segment, which includes Windows revenue, accounted for $48.2 billion of its $143 billion in revenue in its most recent fiscal year.
Windows 10 has 1.3 billion users compared to Apple&#39;s total installed device base of 1.65 billion users. Alphabet&#39;s beats both with 3 billion Android users.
Windows PCs and laptops had lost some market share in 2020 to Google&#39;s Chromebooks as schools opted for cheaper devices for online learning but still retained over 80% market share.
Price action:&nbsp;MSFT shares traded higher by 0.42% at $266.38 on the last check Thursday.

AAPL

AMZN

GOOG

GOOGL

INTC

MSFT

WORK

Microsoft Reveals Windows 11, Latest Version Since 2015

Financial wellness is broadly defined as the relationship we have with money, and how it impacts other aspects of our life. And for many Americans, that relationship is causing more stress than ever.
A recent survey from eMoney found that money was the number one cause of stress among U.S. adults. Additionally,&nbsp;COVID-19 has only appeared to exacerbate that stress, with 62% of respondents saying the pandemic had a negative impact on their financial situation.&nbsp;
Against this backdrop, financial professionals are perhaps more needed now than ever before. On the Season 3 premiere of&nbsp;That Makes Cents, FinLitTech Founder Mac Gardner&nbsp;CFP&reg; spoke with two such professionals who are trying to help: Tina&nbsp;Hay, CEO of&nbsp;<a href="https://www.napkinfinance.com">Napkin Finance</a>, and former NFL player Jedidiah Collins, CFP&reg;, CEO of&nbsp;<a href="https://www.yourmoneyvehicle.com">Your Money Vehicle</a>.&nbsp;
Among the topics discussed:&nbsp;
<ul>
<li>How Can people achieve financial wellness (<a href="https://youtu.be/R_DkTR4eTc4?t=482">8:00</a>)</li>
<li>Why is it so important right now? (<a href="https://youtu.be/R_DkTR4eTc4?t=885">14:45</a>)</li>
<li>How&nbsp;advisors can help clients from a financial wellness perspective&nbsp;(<a href="https://youtu.be/R_DkTR4eTc4?t=1741">29:00</a>)</li>
<li>Watch the full show or listen to the podcast below.&nbsp;</li>
</ul>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" frameborder="0" height="315" src="https://www.youtube.com/embed/R_DkTR4eTc4" width="560"></iframe>
<iframe allow="encrypted-media" frameborder="0" height="232" src="https://open.spotify.com/embed/episode/4avMtasK91M4mX4JcG2rw7" width="100%"></iframe>
About That Makes Cents
That Makes Cents is an <a href="https://emoneyadvisor.com/">eMoney Advisor </a>podcast powered by Benzinga and hosted by <a href="https://finlittech.com/">Mac Gardner</a>. The full&nbsp;podcast archives can be found <a href="https://info.emoneyadvisor.com/podcast">here</a>.&nbsp;
Don&rsquo;t forget to rate and review to help others find the show!
For more information on <a href="https://www.emoneyadvisor.com/">eMoney Advisor</a>: <a href="https://www.emoneyadvisor.com/" title="https://www.emoneyadvisor.com/">https://www.emoneyadvisor.com/</a> 
For more information on Incentive,<a href="https://www.emoneyadvisor.com/incentive/"> eMoney&#39;s financial wellness app</a>: <a href="https://www.emoneyadvisor.com/incentive/" title="https://www.emoneyadvisor.com/incentive/">https://www.emoneyadvisor.com/incentive/</a>

Please be advised that this podcast contains purely educational information and nothing discussed may be construed as legal, tax, or financial advice. Please consult a financial advisor for any financial investment or money management questions you may have of views or opinions represented on this podcast are solely the opinion of the speaker and do not represent those of eMoney Advisor LLC or any of its affiliates or subsidiaries

Financial Advisors

Fintech news covering the emerging Financial Technology services sector

Fintech

Topics

Personal Finance

3 Financial Professionals Explain How To Achieve Financial Wellness

Politics

President Biden Concludes Remarks On Infrastructure Deal

Sorrento Therapeutics Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/srne#NASDAQ">SRNE</a>) is trading higher Thursday after the company received EUA approval and a product import license from COFEPRIS for its rapid COVID-19 test, COVI-STIX.
COVI-STIX is a 15-minute&nbsp;rapid&nbsp;diagnostic test for the detection of the SARS-CoV-2 virus nucleocapsid antigen in nasal or nasopharyngeal samples of patients.&nbsp;
Sorrento Therapeutics is&nbsp;establishing a local &ldquo;Sorrento Mexico Ltd&rdquo; subsidiary to manage commercial operations in&nbsp;Mexico.&nbsp;The company will commercially launch the COVI-STIX test in&nbsp;Mexico&nbsp;with the first shipments expected to be delivered in July.
See Also:&nbsp;<a href="https://www.benzinga.com/general/biotech/21/06/21673234/sorrento-therapeutics-is-forming-pennant-pattern-technical-levels-to-watch">Sorrento Therapeutics Is Forming Pennant Pattern: Technical Levels To Watch</a>
Sorrento Therapeutics is a clinical stage&nbsp;biopharmaceutical company focused on developing new therapies to treat cancers and COVID-19.
Price Action:&nbsp;Sorrento Therapeutics has traded as high as $19.39 and as low as $4.84 over a 52-week period.
At last check Thursday, the stock was up 8.68% at $9.82.

SRNE

The News That Has Sorrento Therapeutics Trading Higher Today

U.S. Senate Democratic Leader Schumer Says He Supports Outline Of Bipartisan Infrastructure Bill, Says Awaits Details

Sea shares are trading higher amid overall strength in Asia-Pacific stocks for the session.

President Biden Says He Expects Before Fiscal Year Is Over Congress Will Have Voted On Both Bills

Federal Reserve

Fed's Bullard Says Have Become A 'Little Bit More Worried' About Possible Home Price Bubble

Fed's Kaplan Says In Earlier Report Housing Market Doesn't Need Support From Fed's Asset Purchases

Traders can quickly generate Credit Spread strategies on&nbsp;<a href="http://optionsai.com/">Options AI</a>&nbsp;based around the expected move of a stock, a specific trading view, or on probability of breakeven. Below we&rsquo;ll go over the dynamics of Credit Spreads, their risk/reward profiles and the different views a trader might express using this options strategy.
<ul>
<li>Credit Spreads vs Debit Spreads</li>
<li>Breakeven and Probability of Profit</li>
<li>Risk/Reward</li>
</ul>
An easy way to understand Credit Spreads is that you are simply taking the other side of a Debit Spread. A Call or Put Debit Spread positions for a move, either up or down, and will have a breakeven that the stock needs to be above (in the case of a Debit Call Spread) or below (in the case of a Credit Put Spread) on expiration, in order to be profitable. In contrast, a Credit Spread positions against a stock moving beyond that breakeven. It is profitable if the stock stays inside that breakeven, and allows a trader to realize max. gain at expiry if the stock stays inside the short strike.
Here&rsquo;s an example using Nike (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nke#NYSE">NKE</a>), a stock that reports earnings on Thursday, with options pricing about a 4% move (or ~$5) in either direction.
Debit Spread Recap&nbsp;&ndash; First we&rsquo;ll look at a fairly simple $5 wide Debit Call Spread, a bullish trade that costs $2 and can make up $3 if Nike moves higher in line, or above, its bullish expected move:
<img alt="" src="https://storage.googleapis.com/assets.options.ai/wp/Screen%20Shot%202021-06-24%20at%208.04.41%20AM.png" />
This is a fairly easy to understand option trade. Risk $2, make up to $3. But the trader needs the stock to go up at least $2 to make money. And if the stock is at or below its long call strike (134) the trade expires worthless and the trader loses $2. In other words, the trade is bullish, and needs the stock to go higher, not only to make money but also to avoid losing money.
Selling the same spread at a Credit&nbsp;&ndash; Traders have multiple ways to express views in options. Let&rsquo;s assume a trader is bearish, and wants to sell that same Call Spread &ndash; creating a bearish Credit Call Spread that has the inverse metrics of the bullish Debit Call Spread. Here&rsquo;s the same Call Spread, but sold at a credit. Credit Call Spreads can be generated via the&nbsp;&ldquo;I&rsquo;m bearish&rdquo;&nbsp;button on Options AI:
<img alt="" src="https://storage.googleapis.com/assets.options.ai/wp/Screen%20Shot%202021-06-24%20at%208.06.28%20AM.png" />
Note that the levels on the chart are identical. But in this case, the trader is selling the 134 call and buying the 139 call, and receiving a $2 credit. They risk up to $3 if the stock moves higher. But&hellip; if the stock is at or below the 134 call strike, the trade expires worthless, and the trader collects their max. profit (the $2 credit they received).
Put simply, the trader that bought the Call Spread for a debit needs the stock to go higher (above the breakeven) to profit, whereas the trader that sold the Call Spread for a credit is looking for the stock to stay below that breakeven.
Selling out of the money spreads&nbsp;&ndash; In the above comparison, the trader used an at-the-money Credit Call Spread to express a view but traders might also look to out-of-the-money credit spreads for higher probability of profit. The concept is the same, positioning against a move. But with an out-of-the-money credit spread, the trader is positioning against a large move in the stock.
One point to note:&nbsp;The trades are often high probability of profit, but the risk/reward ratio is worse than at-the-money, risking more to make less for the higher probability.
Here&rsquo;s an example in NKE, with an out-of-the-money Credit Put Spread set at the expected move in the stock. In this case, the trader is &ldquo;bullish&rdquo; but it is more that they are expressing a view that even if Nike goes lower, it will not go sharply lower, below the bearish consensus:
<img alt="" src="https://storage.googleapis.com/assets.options.ai/wp/Screen%20Shot%202021-06-24%20at%208.05.12%20AM.png" />
In this example, the Credit Put Spread risks $25 to make $75. It has a high probability of profit (78%) but if the stock is below its lower strike (128) on tomorrow&rsquo;s expiry it would lose $75. But, if Nike stock is at or above 129 (its upper strike) it would be max gain, collecting the entire $25 credit.
Note:&nbsp;An out-of-the-money credit spread positions against large moves, trading higher probability of profit for lower returns against what is risked.
Here&rsquo;s a look at the out of the money Credit Call Spread, which looks to collect its entire credit if NKE is at or below 139 on expiry:
<img alt="" src="https://storage.googleapis.com/assets.options.ai/wp/Screen%20Shot%202021-06-24%20at%208.06.43%20AM.png" />
Selling the move entirely via Iron Condors&nbsp;&ndash; Credit Call and Put spreads position against something happening in one direction. They are bearish by&nbsp;not being bullish, or vice versa. But traders can also combine out of the money credit spreads to be completely agnostic on direction, and looking to collect a credit if a stock stays within a range.
Here&rsquo;s an example of an Iron Condor. It combines the two out-of-the-money Credit Spreads from above. Iron Condors can be reached via the&nbsp;neutral&nbsp;button on Options AI:
<img alt="" src="https://storage.googleapis.com/assets.options.ai/wp/Screen%20Shot%202021-06-24%20at%208.05.40%20AM.png" />
This trade risks about $50 to make up to $50 if the stock does not make a large move&nbsp;in either&nbsp;direction. It collects around $25 from the sale of both the Credit Call and Credit Put spreads
The risk (or max loss), however, is not the combined max loss of each Credit Spread. That&rsquo;s because the stock can only move in one direction or the other. One spread will be max gain regardless of what happens.
But also note the lower probability of profit of the Iron Condor vs an outright Credit Call or Put Spread. That&rsquo;s because the stock can move in either direction, beyond the outer strike of either Credit Spread. And if the stock does move in either direction, beyond either spread, that means max loss for the entire trade.
Image by <a href="https://pixabay.com/photos/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=731281">Free-Photos</a> from <a href="https://pixabay.com/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=731281">Pixabay</a>

Options

Retail Sales

Nike Earnings And A Credit Spreads Primer

Press Releases

Community Bank of the Bay Forms Bank Holding Company; Ticker Symbol to Change to CBOBA

Bay Community Bancorp Fourth Quarter Earnings Increase 49% to a Record $1.58 Million; Full Year 2020 Earnings Increase 20% to a Record $4.89 Million

Bay Community Bancorp First Quarter Earnings Nearly Double to a Record $1.68 Million; Loans Increase 35% and Deposits Increase 53% Year Over Year

Dividends

Bay Community Bancorp Declares Quarterly Cash Dividend of $0.04 Per Share

CBOBA

CBYAA

Recent Quotes

Related Companies

Bay Community Bancorp Frequently Asked Questions

How do I buy Bay Community Bancorp (CBOBA) stock?

Who are Bay Community Bancorp's (CBOBA) competitors?

What is the target price for Bay Community Bancorp (CBOBA) stock?

Current Stock Price for Bay Community Bancorp (CBOBA)?

Does Bay Community Bancorp (CBOBA) pay a dividend?

When is Bay Community Bancorp (OTC:CBOBA) reporting earnings?

Is Bay Community Bancorp (CBOBA) going to split?

What sector and industry does Bay Community Bancorp (CBOBA) operate in?