Centerra Gold (NYSE:CGAU) Stock, Quote.Headers.trade-ideas

Centerra Gold

Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

Gold bars BTG B2Gold

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Market Vectors ETF Trust Market Vectors Gold Miners

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Gold price reaches all-time high of $2,200 per ounce, driven by Fed plans to cut interest rates and strong demand. Gold mining stocks lag behind.

Gold Rush Begins As Fed Hints At Rate Cuts: 5 Mining Stocks Glitter With Over 30% Rally This Month

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$SAND

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SAND

Gold has been on a tear of late and closed at a record high on Friday. An economist said on Friday gold miners have lagged the rally in the yellow metal and could soon play catch-up.

Gold Stocks Could Gain In Catch-Up Rally, Says Peter Schiff: &#39;Explosive Move Up Can&#39;t Be Far Away&#39;

Penny Stocks

Small Cap

RGLD

Royal Gold Strikes A Deal With Centerra Gold; Reliance Steel Acquires American Alloy Steel; IperionX Looks To Scale Titanium Production

Centerra Gold Inc

<a href="https://x.com/MartinShkreli/status/1837178336638030215" title="https://x.com/MartinShkreli/status/1837178336638030215">https://x.com/MartinShkreli/status/1837178336638030215</a>

DAWN

Watching Shares Of Day One Biopharmaceuticals; Martin Shkreli Post On X, "The stock $DAWN is a good long idea. Probably doubles."

Jefferies analyst Julien Dumoulin-Smith maintains GE Vernova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) with a Buy and raises the price target from $261 to $293.

Price Target

Jefferies Maintains Buy on GE Vernova, Raises Price Target to $293

ConsenSys, the blockchain company behind Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) infrastructure projects like MetaMask, has faced a setback in its lawsuit against the <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40876874/sec-moves-to-amend-binance-lawsuit-reinforcing-claims-of-unregistered-securities-sales">U.S. Securities and Exchange Commission (SEC)</a>.
What Happened: The company had initially <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38520739/consensys-alleges-sec-covertly-targeted-ethereum-sparking-legal-battle">sued the SEC</a> for overreach, accusing the regulator of conducting an unnecessary investigation into Ethereum, specifically targeting Ethereum 2.0.
The lawsuit, filed earlier this year, sought to clarify that Ethereum's native token, ether, should not be classified as a security.
However, a Texas judge <a href="https://storage.courtlistener.com/recap/gov.uscourts.txnd.389154/gov.uscourts.txnd.389154.57.0.pdf">ruled </a>that the lawsuit lacked merit due to the SEC's decision to abandon its Ethereum probe. In his decision, Judge Reed O'Connor of the U.S. District Court for the Northern District of Texas explained, "because withholding consideration subjects plaintiff to scant, if any, hardship, the claim lacks a ripe case or controversy.&#8221; 
Essentially, the court found that without an active investigation, ConsenSys had no grounds to pursue the lawsuit.
This ruling follows the SEC's quiet closure of its Ethereum investigation earlier this year. 
ConsenSys celebrated this development, stating in a <a href="https://go.skimresources.com/?id=100652X1574425&amp;isjs=1&amp;jv=15.7.1&amp;sref=https%3A%2F%2Fwww.coindesk.com%2Fpolicy%2F2024%2F09%2F20%2Fconsensys-suit-against-us-sec-dismissed-by-texas-court%2F%3Futm_medium%3Dreferral%26utm_source%3Drss%26utm_campaign%3Dheadlines&amp;url=https%3A%2F%2Fx.com%2FConsensys%2Fstatus%2F1836882745630544015&amp;xs=1&amp;xtz=-120&amp;xuuid=6ca5d26533e61b37eaf421e8a45e09f3&amp;xjsf=other_click__contextmenu%20%5B2%5D">post</a> on X (formerly Twitter): "In a significant win for the industry, the SEC dropped its &#8216;Ethereum 2.0&#8217; investigation after our litigation was filed, and the Texas court today recognized that the SEC already gave ConsenSys the relief it sought on that critical issue for the Ethereum ecosystem."
<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/24/09/40959531/oops-arthur-hayes-realizes-790-000-loss-on-this-ethereum-based-altcoin">Oops! Arthur Hayes Realizes $790,000 Loss On This Ethereum-Based Altcoin</a>
Why IT Matters: While the SEC hasn't officially commented on the judge's decision or the case&#8217;s dismissal, the outcome reflects broader concerns within the blockchain industry regarding regulatory overreach.
ConsenSys maintained that their lawsuit had "laid bare the overzealous investigation of Ethereum," and it echoed widespread unease over the SEC's aggressive stance on blockchain software development.
Initially, ConsenSys had sought legal recognition that ETH is not a security and that its flagship product, MetaMask, does not function as a broker under federal law.
Moreover, the company argued that its staking services did not violate securities regulations. 
Yet, while the Ethereum investigation has been dropped, the SEC followed up with charges <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39555976/sec-files-lawsuit-against-consensys-over-unregistered-brokerage-activities">in June</a>, accusing ConsenSys of operating MetaMask as an unregistered securities broker.
Despite these charges, the SEC has remained relatively quiet about Ether's legal status. However, the regulator recently <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40847331/gary-gensler-led-sec-directs-crypto-firm-to-halt-trading-for-all-coins-but-bitcoin-ethereu">reached a settlement</a> with trading platform eToro, allowing it to continue listing ETH in the U.S.
What&#8217;s Next: On November 19, these issues, along with the future of Ethereum and other crypto projects, will take center stage at Benzinga's highly anticipated <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event, where key players in the blockchain space will gather to discuss the intersection of regulation, technology, and innovation.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40955750/bitcoins-correction-ends-but-it-has-to-break-this-target-to-surge-to-70k-10x-research">Bitcoin&#8217;s Correction Ends, But It Has To Break This Target To Surge To $70K: 10x Research</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$ETH

Judge Dismisses ConsenSys Lawsuit After SEC Withdraws Ethereum Investigation

Veteran technical analyst CryptoCred sees a potential shift to a bullish market structure for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), suggesting the apex crypto is at <a href="https://www.benzinga.com/money/bitcoin-price-prediction">a critical juncture</a>. 
What Happened: CryptoCred took to his X <a href="https://x.com/CryptoCred/status/1837039942582600020">account</a> to emphasize the importance of using line charts for market structure analysis, noting that they &#8220;tend to be clearer as they only show the closes.&#8221; 
According to his analysis, Bitcoin has been forming lower highs on the weekly timeframe, indicating a bearish trend.
However, the analyst pointed out that the current price level represents &#8220;the bears&#8217; last stand,&#8221; describing it as the &#8220;last reasonable area where a lower high could form if they&#8217;re right + close proximity to invalidation.&#8221; 
This suggests that the market is at a pivotal point where the direction could shift significantly.
<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/24/09/40955750/bitcoins-correction-ends-but-it-has-to-break-this-target-to-surge-to-70k-10x-research">Bitcoin&#8217;s Correction Ends, But It Has To Break This Target To Surge To $70K: 10x Research</a>
CryptoCred highlighted that a weekly close above $64,000, &#8220;ideally an impulsive one, would suggest a bullish break in market structure (first one in a while).&#8221; Such a move would have several implications for his trading system, including setting a higher timeframe directional bias towards bullish sentiment.
The analyst outlined three potential trading strategies in the event of a bullish breakout:
<ol>
<li>Holding lower timeframe long positions for longer durations with wider targets.</li>
<li>Entering positions at the weekly close if a strong signal appears.</li>
<li>Looking for medium timeframe pullback entries to establish positions at higher lows.</li>
</ol>
CryptoCred cautioned that while the market is currently at local resistance within a bearish weekly structure, a failure by bears to maintain control could have significant technical implications. He advised traders to have a plan ready for either scenario.
Crypto chart analyst Ali Martinez noted Bitcoin's critical level, testing the 200-day SMA, to confirm the bull run. He pointed out that when Bitcoin failed to reclaim the support in the past, it corrected significantly.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is once again testing the 200-day SMA, a critical level for confirming the bull run. Historically, failures to reclaim this support, as seen in 2020, 2018, and 2014, led to significant corrections. Watch closely—rejection here could signal trouble for <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>! <a href="https://t.co/WWJgSHSvCd">pic.twitter.com/WWJgSHSvCd</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1836962233978606018?ref_src=twsrc%5Etfw">September 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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

Bitcoin Bears Are Facing 'Last Stand': Here's What Technical Analysts Are Saying

<a href="https://eletric-vehicles.com/lucid/lucid-motors-in-licensing-talks-with-many-automakers-vp-says/" title="https://eletric-vehicles.com/lucid/lucid-motors-in-licensing-talks-with-many-automakers-vp-says/">https://eletric-vehicles.com/lucid/lucid-motors-in-licensing-talks-with-many-automakers-vp-says/</a>

LCID

'Lucid Motors in Licensing Talks with "Many" Automakers, VP Says' - Eletric Vehicles

<a href="https://www.benzinga.com/personal-finance/24/05/38880642/2-million-is-nothing-suze-orman-warns-dont-retire-if-you-dont-have-at-least-5-million-or-10-mill">Suze Orman</a>, the well-known financial guru, has long advocated buying cars and keeping them for extended periods, a strategy that aligns with current automotive trends. In a recent interview with Go Banking Rates, Orman emphasized the financial wisdom of long-term car ownership.
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&#8220;When I buy a car, I keep it for at least 10 to 12 to 15 years or longer,&#8221; Orman said. &#8220;Right now, I am going on the 12th year that I have owned my car and I have no plans of getting rid of that car for years to come.&#8221;
Orman&#8217;s approach mirrors the evolving behavior of American car owners. According to S&amp;P Global Mobility, the average age of cars and light trucks in the U.S. reached a record high of 12.6 years in 2024, up from 12.5 years in 2023. This trend represents a significant increase from two decades ago when the average vehicle age was just 9.7 years.
Trending: Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"> re-engineers traditional banking with this new high-yield account — start saving better today.</a>
She also criticizes the practice of frequent car upgrades, <a href="https://www.benzinga.com/personal-finance/24/05/38555548/suze-orman-calls-car-leasing-the-biggest-waste-of-money-and-advises-to-buy-rather-than-lease">particularly leasing</a>. &#8220;I don&#8217;t buy a car every three years like most of you do,&#8221; she said. &#8220;I don&#8217;t lease a car every three years like many of you do, simply to drive a car to impress people you don&#8217;t even know at a stop sign with money you probably don&#8217;t even have.&#8221;
While Orman&#8217;s <a href="https://www.benzinga.com/personal-finance/24/09/40837523/suze-orman-isnt-wasting-money-on-insurance-for-her-condo-im-not-paying-28-000-a-year-when-the-in">advice may seem conservative</a>, it&#8217;s increasingly relevant given the current automotive market and rising car payments. According to Experian, the average monthly car payment for new vehicles was $735 in the first quarter of 2024, a 0.4% increase from the previous year. Used car payments also rose by 0.4%, reaching $523 per month.
Trending: Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US.<a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital"> Investing in its booming real estate market has never been more accessible.</a>
These high payments are largely due to the increasing costs of vehicles. According to Kelley Blue Book, the average price of a new car reached $48,247 in late 2023. Even used cars averaged $26,091, highlighting the significant financial commitment involved in vehicle purchases.
The financial implications of buying versus leasing are substantial. A 2024 analysis by MST found that over 39 months, leasing resulted in a total cash outlay of $16,622.19 compared to $18,910.09 for purchasing. However, purchasing builds equity, with the vehicle retaining a value of $11,512.48 at the end of this period.
Trending: During market downturns, investors are learning that unlike equities, these<a href="https://www.benzinga.com/money/connect-invest-real-estate-notes"> high-yield real estate notes that pay 7.5% &#8211; 9% are protected by resilient assets, buffering against losses.</a>
Despite these high prices and payments, car ownership remains prevalent in the U.S. A Forbes Advisor report indicates that 91.7% of U.S. households had at least one vehicle in 2022, with 22.1% owning three or more.
As vehicle costs continue to rise and economic uncertainties persist, Orman&#8217;s approach to car ownership may become increasingly appealing to consumers looking to maximize their automotive investments while minimizing long-term expenses. By avoiding the cycle of frequent upgrades and high monthly payments, consumers can <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">potentially save thousands of dollars</a> over the life of their vehicles.
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<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
</ul>

Personal Finance

Suze Orman Says Keep Your Car For '15 Years Or Longer' Instead Of Leasing A New One Every 3 Years Just To Impress Strangers

Friday was a lackluster session on Wall Street, with major U.S. averages lingering in negative territory at midday trading in New York. This session coincided with the simultaneous expiration of a large volume of options and futures contracts, commonly referred <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40959748/exclusive-options-expert-warns-of-terrible-week-after-fridays-triple-witching">to as &#8220;triple witching.&#8221;</a>
However, rather than a sharp spike in volatility, stocks edged only slightly lower, failing to trigger a rise in the CBOE Volatility Index (VIX).
Investor sentiment remained defensive, with 10 out of 11 sectors of the S&amp;P 500 falling, while utilities were the only sector to post a positive performance.
Dovish remarks from Federal Reserve Governor Christopher Waller indicated that he expects &#8220;very low&#8221; August Personal Consumption Expenditure (PCE) data. 
Waller also hinted at the possibility of a 25 basis point rate cut in the next meeting or two if the data continues to come in as expected, with a stronger size of cut if the labor market weakens and inflation softens more rapidly.
Waller's comments sent gold surging past $2,600 per ounce, marking new all-time highs.
Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remained stable at $63,000.
<h1 class="wp-block-heading">Friday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg (1-day %)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,015.17</td>
<td>0.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,700.41</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,771.36</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,237.55</td>
<td> -0.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:30 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092024&amp;t=be2bearmibe3na1">Benzinga Pro </a>data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.5% lower to $567.92.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;edged 0.2% down to $420.43.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.3% to $481.96.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.7% to $222.50.</li>
<li>The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up 2.1%. The Industrials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 0.7%.</li>
</ul>
<h3 class="wp-block-heading">Friday&#8217;s Stock Movers</h3>
<ul>
<li>FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) tumbled 13.6% on dismal quarterly earnings. </li>
<li>Lennar Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) also reacted to earnings, falling over 4%. </li>
<li>Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) rose over 6%, following the company&#8217;s appointment of Elliot Hill as the new CEO.</li>
</ul>
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<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40960886/palantir-dell-to-join-s-p-500-friday-heres-how-tesla-stock-has-performed-since-its-add">Palantir, Dell To Join S&amp;P 500 Friday: Here&#8217;s How Tesla Stock Has Performed Since Its Addition In 2020</a></li>
</ul>
Wall Street illustration created using artificial intelligence via MidJourney.

Large Cap

Macro Economic Events

Broad U.S. Equity ETFs

SPDR Dow Jones Industrial Average ETF Trust

Wall Street Falls On Triple Witching Day, Fed's Waller Pushes Gold To Fresh Record Highs, FedEx Plummets: What's Driving Markets Friday?

Deutsche Bank analyst Scott Deuschle maintains GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) with a Buy and raises the price target from $210 to $212.

Deutsche Bank Maintains Buy on GE Aero, Raises Price Target to $212

American Airlines Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) shares are trading <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">marginally lower on Friday.</a>
The firm is reportedly negotiating to make Citigroup, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) its exclusive credit card partner, ending its long-standing partnership with Barclays PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCS#NYSE">BCS</a>), which dates back to the airline&#8217;s 2013 acquisition of US Airways, <a href="https://www.cnbc.com/2024/09/20/american-airlines-credit-card-talks-to-pick-citigroup-over-barclays.html" target="_blank" rel="noreferrer noopener">reported</a> CNBC.
In March, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-03-04/american-air-wants-more-credit-card-revenue-from-bank-partners?sref=TBDibEcD" rel="noreferrer noopener">noted</a> that the airline is renegotiating its contract for co-branded credit cards to increase its share of a vital revenue stream for U.S. carriers.
A spokesperson for Citigroup informed CNBC that the company is continually collaborating with its partners, including American Airlines, to find opportunities to enhance customer products and promote shared value and growth.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/09/40745931/delta-southwest-and-other-airlines-in-hot-waters-with-us-transportation-department-for-unfair-reward" rel="noreferrer noopener">Delta, Southwest And Other Airlines In Hot Waters With US Transportation Department For Unfair Rewards Programs</a>
The recent news by CNBC suggests that the company&#8217;s discussions are still underway, and the timing for reaching an agreement, subject to regulatory approval, remains uncertain.
However, chances are there that objections from U.S. regulators, including the Department of Transportation, could potentially delay or even derail a contract between American Airlines and Citigroup, leaving the existing partnership with Barclays unchanged, CNBC flagged.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, AAL stock has lost over 15% in the past year. Investors can gain exposure to the stock via&nbsp;U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and&nbsp;Themes Airlines ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRL#NASDAQ">AIRL</a>).
Price Action: AAL shares are trading lower by 1.17% to $10.98 at last check Friday.
Photo via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/09/40957619/palantir-wins-deal-worth-multi-million-dollars-to-expand-maven-smart-system-across-us-army-air-f" target="_blank" rel="noreferrer noopener">Palantir Wins Deal Worth Multi-Million Dollars To Expand Maven Smart System Across US Army, Air Force, Space Force &amp; Navy</a></li>
</ul>

Movers

Media

General

AIRL

JETS

What's Going On With American Airlines Stock On Friday?

CIBC analyst Paul Holden upgrades Bank of Nova Scotia (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BNS#TSX">BNS</a>) from Neutral to Outperformer and raises the price target from C$78 to C$82.

Upgrades

TSX:BNS

CIBC Upgrades Bank of Nova Scotia to Outperformer, Raises Price Target to C$82

RBC Capital analyst Shelby Tucker reiterates Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) with a Sector Perform and maintains $214 price target.

Reiteration

RBC Capital Reiterates Sector Perform on Constellation Energy, Maintains $214 Price Target

B of A Securities analyst Sara Senatore maintains Cracker Barrel Old (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>) with a Underperform and raises the price target from $40 to $42.

CBRL

B of A Securities Maintains Underperform on Cracker Barrel Old, Raises Price Target to $42

Despite California's cannabis market facing historic lows, there's been a notable surge in demand for cannabis businesses. The paradox arises from the complex dynamics within the industry, where economic downturns and heightened competition have pushed prices down, yet consumer interest and business opportunities remain robust.
California&#8217;s cannabis market, once projected to soar post-legalization, has seen a decline in wholesale prices and revenues due to overproduction, regulatory hurdles, and competition from the illicit market. Many businesses are struggling with shrinking profit margins, excessive taxation, and operational costs. However, these challenges have also created opportunities for new businesses and investors looking to capitalize on the industry&#8217;s long-term potential.
Lower market prices have made it easier for entrepreneurs to enter the cannabis space, purchasing businesses or investing in startups at a fraction of the cost seen during the initial cannabis boom. As established players consolidate or exit, newcomers are stepping in with innovative approaches, such as niche products, craft cannabis, or tech-driven solutions, seeking to capture underserved segments of the market.
The market&#8217;s downward pressure on prices has also expanded access to consumers, leading to increased demand, especially among recreational users. Additionally, public support for cannabis remains strong, with growing recognition of its medicinal and therapeutic benefits, further driving consumption.
While California&#8217;s cannabis market is at a low, this period is fostering a reimagining of the industry. Savvy entrepreneurs and investors view this as a prime opportunity to enter or expand in the cannabis space, positioning themselves for future growth as the market stabilizes and regulations evolve.
Examples of Cannabis Businesses In California On The Market Today:&nbsp;
<ul>
<li><a href="https://greenlifebusiness.com/property/fully-operational-cannabis-dispensary-retail-business-for-sale-through-receivership-call-for-offers-antioch-california-1462/">Lemonnade Dispensary For Sale Through Receivership CALL FOR OFFERS (Antioch, California) #1462</a></li>
<li><a href="https://greenlifebusiness.com/property/premier-cannabis-dispensary-retail-w-prime-location-for-sale-through-receivership-call-for-offers-due-by-july-30th-richmond-california-1448/">Call For Offers Premier Cannabis Dispensary Retail W/ Prime Location For Sale Through Receivership CALL FOR OFFERS Due By August 16th (Richmond, California) #1448</a></li>
<li><a href="https://greenlifebusiness.com/property/city-of-san-diego-cannabis-dispensary-license-for-sale-near-college-san-diego-california-1519/">City of San Diego Cannabis Dispensary License For Sale NEAR College (San Diego, California) #1519</a></li>
<li><a href="https://greenlifebusiness.com/property/prime-location-operational-dispensary-delivery-business-for-sale-west-hollywood-california-1505/">PRIME Location Operational Dispensary &amp; Delivery Business For Sale (West Hollywood, California) #1505</a></li>
</ul>
<ul>
<li><a href="https://greenlifebusiness.com/property/pre-ico-dispensary-license-relocatable-for-the-city-of-los-angeles-los-angeles-california-1522/">Pre ICO Dispensary License Relocatable for the City of Los Angeles (Los Angeles, California) #1522</a></li>
</ul>
To View California or Nationwide Listings For Sale please Visit <a href="http://greenlifebusiness.com">greenlifebusiness.com</a>. To get further information on a business or get an evaluation for your business call Green Life Business Group at 619-653-0483 or email at <a href="mailto:sales@glbgroupinc.com">sales@glbgroupinc.com</a>.

Cannabis

Increase in Demand For California Cannabis Assets Now That Market Is At All Time Low

Solid Power, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>) stock is trading higher on Friday after the company was selected by the U.S. Department of Energy Office of Manufacturing and Energy Supply Chains to start negotiations for up to $50 million in <a href="https://www.benzinga.com/news/24/09/40955243/solid-power-says-it-is-selected-by-u-s-department-of-energy-for-up-to-50m-award-negotiation-for-cont">federal funding</a>.
The Details: Federal funding, via the Bipartisan Infrastructure Law, supports creating a continuous manufacturing process for sulfide-based solid electrolyte materials.
The sulfide-based solid electrolyte material plays an integral part in the expected performance advancements in energy density, safety, stability and cost of advanced all-solid-state batteries. Currently, Solid Power can produce up to 30 metric tons of electrolyte per year. Through this project, Solid Power expects to increase its production capability to 75 metric tons in 2026 and 140 metric tons in 2028.
&#8220;We view our selection for funding by the U.S. Department of Energy as validation of the promise sulfide-based all-solid-state batteries hold,&#8221; said John Van Scoter, President and CEO of Solid Power. 
&#8220;By adopting a continuous manufacturing process for our electrolyte, we expect to be able to meet anticipated near-term demand and set Solid Power up to become the leading global producer of sulfide-based solid electrolyte.&#8221;
How To Buy Solid Power Shares
By now you're likely curious about how to participate in the market for Solid Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>) &#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, or Amazon.com, 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. 
In the the case of Solid Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>), which is trading at $1.49 as of publishing time, $100 would buy you 67.11 shares of stock.
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.
See Also: <a href="https://www.benzinga.com/news/24/09/40939510/palantir-stock-hits-52-week-highs-thursday-whats-going-on">Palantir Stock Hits 52-Week Highs Thursday: What&#8217;s Going On?</a>
SLDP Price Action: At the time of publication, Solid Power shares are moving 12.8% higher at $1.50, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: 791333 from Pixabay.

SLDP

What's Going On With Solid Power Shares Friday?

B of A Securities analyst Sara Senatore maintains Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) with a Buy and raises the price target from $184 to $195.

B of A Securities Maintains Buy on Darden Restaurants, Raises Price Target to $195

Canaccord Genuity analyst Richard Close maintains Progyny (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) with a Hold and lowers the price target from $24 to $18.

PGNY

Canaccord Genuity Maintains Hold on Progyny, Lowers Price Target to $18

B of A Securities analyst Wamsi Mohan maintains Corning (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>) with a Buy and raises the price target from $46 to $51.

B of A Securities Maintains Buy on Corning, Raises Price Target to $51

WIIM

BNED

SNBR

Shares of retail companies are trading lower amid a possible selloff as the market pulls back from recent strength earlier this week.

US Secret Service Internal Investigation Reveals Communication Gaps And Lack Of Diligence Before July 13 Trump Shooting; Acting Director Calls For 'Paradigm Shift' And Acknowledges Failure To Provide Clear Guidance To Local Law Enforcement

Macro Notification

US Oil Rig Count Unchanged At 488, Down 19 YoY; NatGas Rigs Down 1 To 96; Gulf Of Mexico Rigs Down 1, Texas Up 2, Permian Up 1

Centerra Gold (TSE:CG) has released an update. Centerra Gold Inc. has declared a quarterly dividend of C$0.07 per common share, which totals approx...

Centerra Gold Sets Quarterly Dividend at C$0.07

Centerra Gold (TSE:CG) has released an update. Centerra Gold Inc. reported a solid operating performance in the second quarter of 2024 with consist...

Centerra Gold Maintains Strong Q2 Performance and Shareholder Focus

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Centerra Gold (NYSE:<a href="https://investorplace.com/stock-quotes/cgau-stock-quote/">CGAU</a>) just reported results for the second quarter of 2024.<ul><li>Centerra Gold reported earnings per share of 23 cents. This was above the analyst estimate for EPS of 13 cents.</li><li>The company reported revenue of $282.30 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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CGAU Stock Earnings: Centerra Gold Beats EPS for Q2 2024

CIBC analyst Anita Soni maintained a Hold rating on Centerra Gold (CGAU – Research Report) today and set a price target of C$13.00. The company's s...

CIBC Sticks to Their Hold Rating for Centerra Gold (CGAU)

Centerra Gold Inc. (CGAU) Q2 2024 Earnings Call Transcript

Centerra Gold: Bright Future, But Cheaper Shares First

Centerra Gold (TSE:CG) has released an update. Centerra Gold Inc. is set to unveil the strategic plan for its US molybdenum operations alongside th...

Centerra Gold to Reveal US Molybdenum Strategy

Centerra Gold (TSE:CG) has released an update. Centerra Gold has unveiled a strategic plan to revitalize its US Molybdenum Operations, with a focus...

Centerra Gold to Boost US Moly Operations

Scotiabank analyst Ovais Habib maintained a Buy rating on Centerra Gold (CGAU – Research Report) today and set a price target of $9.00. The company...

Centerra Gold (CGAU) Receives a Buy from Scotiabank

BMO Capital analyst Raj Ray has maintained their bullish stance on CGAU stock, giving a Buy rating yesterday. Raj Ray has given his Buy rating due ...

Centerra Gold Buy Rating Affirmed Amidst Strong Molybdenum Operations Outlook and Solid Financial Health

Earnings

Press Releases

Centerra Gold Reports First Quarter 2024 Results; Continued Strong Cash Flow from Operating Activities; Cash and Cash Equivalents Increased to $648 Million

Dividends

Centerra Gold Announces Quarterly Dividend of C$0.07 per Common Share

Centerra Gold Announces Results of 2024 Annual Meeting of Shareholders

Centerra Gold Provides Notice of Second Quarter 2024 Results Release and Conference Call

Centerra Gold Publishes 2023 Environmental, Social and Governance Report

Centerra Gold Reports Second Quarter 2024 Results; Consistent Operating Performance; Continued Return of Capital to Shareholders

Grid Battery Expands Land Holdings by Adding a Copper Project in Northern Central British Columbia

Centerra Gold Provides Notice of Release and Conference Call for the Thompson Creek Feasibility Study Results and Strategic Plan for the US Molybdenum Operations

Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of the Thompson Creek Mine and Ramp-Up of Langeloth

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Centerra Gold

Centerra Gold (CGAU) Forecast

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