Eureka Homestead Bancorp Stock (OTC: ERKH)

Eureka Homestead Bancorp (OTC:ERKH) Stock, Quote.Headers.trade-ideas

Eureka Homestead Bancorp Inc is a United States-based company involved in taking deposits and securing borrowings and investing those funds in one-to-four-family residential real estate loans. The company also offers deposit accounts, including savings accounts, passbooks and money market, and certificates of deposit.

EUREKA HOMESTEAD BNCRP by Eureka Homestead Bancorp Inc.

Eureka Homestead Bancorp Inc

JMP Securities analyst Andrew Boone reiterates Shopify (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) with a Market Outperform and maintains $120 price target.

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SHOP

JMP Securities Reiterates Market Outperform on Shopify, Maintains $120 Price Target

WIIM

ADCT

ADC Therapeutics shares are trading higher after the company announced it will provide an initial data update its LOTIS-7  clinical trial.

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/05/final-trades-nasdaq-the-ibit-and-the-iau.html">Halftime Report Final Trades</a>,&#8221; Bill Baruch of Blue Line Capital picked iShares Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NYSE">IBIT</a>), saying this &#8220;<a href="https://www.benzinga.com/quote/IBIT">breakout is for real.&#8221;</a>
At the time of writing, Bitcoin price fell around 0.5% to trade at $98,660.13 on Friday.
Liz Young Thomas of SoFi named iShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>) as her final trade.
Gold futures climbed 0.6% to trade at $2,663.40 an ounce this morning.
Don't forget to check out our<a href="https://www.benzinga.com/premarket/"> premarket coverage here</a>
Joshua Brown of Ritholtz Wealth Management said he likes Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>).
On Oct. 24, Nasdaq reported third-quarter revenue growth of 22% year-on-year to $1.15 billion, missing the analyst consensus estimate of $1.17 billion. The financial services company reported an adjusted EPS of 74 cents, which beat the analyst consensus estimate of 69 cents. The stock price slid after the print. Nasdaq&#8217;s Annualized Recurring Revenue (ARR) increased 31% year-over-year to $2.74 billion.
Nasdaq CEO Adena Friedman praised the "fourth consecutive quarter of double-digit Solutions growth <a href="https://www.benzinga.com/news/earnings/24/10/41517629/nasdaq-sees-recurring-revenue-soar-31-in-q3-solutions-rake-in-872m">with strong overall quarterly performance."</a>
Price Action:
<ul>
<li>iShares Bitcoin Trust slipped by 0.04% on Thursday.</li>
<li>Nasdaq shares rose by 0.5% to settle at $81.27 during Thursday's session.</li>
<li>iShares Gold Trust fell by 0.7% on Thursday.</li>
</ul>
Check This Out<a href="https://www.benzinga.com/24/12/42357598/dow-dips-more-than-200-points-ahead-of-jobs-report-investor-sentiment-declines-fear-greed-index-remains-in-greed-zone">: </a>
<ul>
<li><a href="https://www.benzinga.com/24/12/42357598/dow-dips-more-than-200-points-ahead-of-jobs-report-investor-sentiment-declines-fear-greed-index-remains-in-greed-zone">Dow Takes A Breather After Record Close, Dips Over 200 Points Ahead Of Jobs Report: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

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

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IBIT

NDAQ

Bitcoin 'Breakout Is For Real,' Analyst Says On CNBC's Final Trades

The November jobs report revealed a stronger-than-expected rebound in hiring, recovering from October&#8217;s weather-related disruptions. Wage growth also <a href="https://www.benzinga.com/news/econ-s">slightly outpaced forecasts.</a>
Nonfarm payrolls surged by 227,000 in November, a significant jump from October&#8217;s upwardly revised 36,000.
This robust labor market data could temper market expectations for an imminent interest rate cut, as resilient employment gains and rising wages may reduce policymakers&#8217; urgency to ease monetary policy.
<h3 class="wp-block-heading">November Jobs Report: Key Highlights</h3>
<ul>
<li>Nonfarm payrolls rose by 227,000, sharply accelerating from the previous upwardly revised 36,000 and above the expected 200,000 as per TradingEconomics estimates.</li>
<li>&#8220;Over the month, employment trended up in health care, leisure and hospitality, government, and social assistance. Employment increased in transportation equipment manufacturing, reflecting the return of workers who were on strike&#8221; the Bureau of Labor Statistics wrote in the report.</li>
<li>Private payrolls rose by 194,000, while government sector employment rose by 33,000 in November. </li>
<li>Total nonfarm payroll employment was revised up by 24,000 in October and by 32,000 in September.</li>
<li>The unemployment rate rose from 4.1% to 4.2%, as expected.</li>
<li>Average hourly earnings advanced at a 0.4% monthly pace, holding steady from October&#8217;s 0.4% increase and surpassing expectations of 0.3%.</li>
<li>On an annual basis, wages rose 4%, slightly more than the predicted 3.9%. </li>
</ul>
<h3 class="wp-block-heading">Market Reactions</h3>
Prior to November&#8217;s labor market data, market-implied odds indicated a 70% chance of a 25-basis-point rate cut, as per CME FedWatch. 
The U.S. dollar index – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – fell by 0.3% after the report.
Treasury yields slightly fell, with the rate-sensitive 2-year yield falling by nearly 5 basis points. 
Futures on major U.S. indices edged higher during Friday premarket trading. Contracts on both the S&amp;P 500 and the tech-heavy Nasdaq 100 were up by 0.2%. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42352997/santa-rally-here-are-10-sp-500-stocks-that-historically-outperformed-in-decembers-second-half">Santa Rally: 10 S&amp;P 500 Stocks That Outperform In December&#8217;s Second Half</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Macro Economic Events

Currency ETFs

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Economics

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PowerShares DB US Dollar Index Bullish Fund

US Economy Adds 227,000 Jobs In November, Wage Growth Accelerates

Jefferies analyst Stephen Volkmann maintains Fastenal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) with a Hold and raises the price target from $74 to $85.

FAST

Jefferies Maintains Hold on Fastenal, Raises Price Target to $85

HLVX

HilleVax shares are trading higher. The stock may be moving on continued strength after announcing layoffs on Wednesday equating to approximately 70% of the workforce.

On Friday, U.S. ride-hailing giant Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and Chinese Robotaxi company WeRide&nbsp;Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) announced the launch of their ride-hailing&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42358254/uber-and-weride-launch-autonomous-mobility-service-in-abu-dhabi" rel="noreferrer noopener">partnership&nbsp;in Abu Dhabi</a>.
The launch represents the first time autonomous vehicles (AVs) are available on the Uber platform outside the U.S. and the largest commercial robotaxi service outside the U.S. and China.
UAE national transport company Tawasul Transport will act as the fleet operator.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42344006/intel-interim-co-chief-expects-ceo-to-have-foundry-experience-stands-by-forecast" rel="noreferrer noopener">Intel Interim Co-Chief Expects CEO To Have Foundry Background, Stands By Forecast</a>
Now, Uber riders in Abu Dhabi requesting UberX or Uber Comfort can qualify for a WeRide AV ride.
The service will be available in key areas between Saadiyat Island and Yas Island and routes to and from Zayed International Airport. The plan is to expand the operating territory in the future.
At the initial launch, each AV will have a safety operator present to ensure a secure and reliable experience, targeting a fully driverless commercial service planned for later in 2025.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06050751/newplot-5.png" alt="" class="wp-image-680249" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06050751/newplot-5.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06050751/newplot-5-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
In July 2023, WeRide bagged UAE&#8217;s <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41022424/uber-teams-with-weride-for-uae-robotaxi-rollout-details" rel="noreferrer noopener">exclusive national license</a>, which permits the testing and operation of its autonomous vehicles on public roads throughout the country.
According to CIC forecasts, the <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42096308/werides-robotaxi-and-partnerships-are-key-growth-drivers-for-global-expansion-analyst" rel="noreferrer noopener">global autonomous driving market</a> has the potential to grow at an 80% compound annual growth rate from $93 billion in 2025 to $1.745 trillion by 2030. The market has a growth potential of 85% CAGR for China, reaching $639 billion by 2030.
in other recent robotaxi initiatives, on Thursday, Alphabet Inc&#8217;s (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>) Waymo <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/12/42348287/whats-going-on-with-uber-shares-thursday" rel="noreferrer noopener">announced plans to</a> launch its commercial robotaxi service in Miami in 2026.
Earlier this week, Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) <a target="_blank" href="https://www.benzinga.com/24/12/42263396/baidu-takes-on-tesla-testing-self-driving-tech-in-hong-kongs-streets" rel="noreferrer noopener">won Hong Kong&#8217;s first</a> autonomous vehicle test license under new 2024 legislation.
Reportedly, Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a target="_blank" href="https://www.benzinga.com/24/11/42159490/elon-musks-tesla-hunts-top-talent-to-develop-software-for-robotaxi-optimus-robot-teleoperation-2" rel="noreferrer noopener">is aggressively hiring</a> software engineers to boost its teleoperation&nbsp;capabilities for robotaxis.
Price Actions: At the last check on Friday, UBER stock was up 1.18% to $65.96 in the premarket session, while WRD was up 5.89%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42336825/nvidia-could-become-taiwan-semis-3rd-us-plant-customer" target="_blank" rel="noreferrer noopener">Nvidia Could Become Taiwan Semi&#8217;s Third US Plant Customer, But With A Catch</a></li>
</ul>

BIDU

GOOG

GOOGL

TSLA

UBER

Uber And WeRide Partner For Robotaxi Service In Abu Dhabi

EUV25 EPower kit is the next-generation electric conversion kit for Landcruisers
Automechanika Dubai to be held from 10-12 December 2024
Estimated 60,000 attendees from over 160 countries registered to attend
Automechanika Dubai is the largest automotive aftermarket solutions show in the region
Tembo to follow up by hosting regional off-road drive days in the first quarter of calendar 2025

VVPR

Vivopower's Tembo To Launch EUv25 EPower Kits For Landcruisers At Automechanika Dubai 2024

Jefferies analyst Laurence Alexander maintains AZZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) with a Buy and raises the price target from $105 to $110.

Jefferies Maintains Buy on AZZ, Raises Price Target to $110

MNPR

Monopar Therapeutics shares are trading higher after the company announced it dosed its first patient with MNPR-101-Lu.

JMP Securities analyst Brian McKenna reiterates Hercules Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTGC#NYSE">HTGC</a>) with a Market Outperform and maintains $22 price target.

HTGC

JMP Securities Reiterates Market Outperform on Hercules Capital, Maintains $22 Price Target

GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) is back in the spotlight as it gears up for third-quarter<a href="https://www.benzinga.com/quote/GME/earnings"> earnings</a> on Tuesday, Dec. 10, after the market close.
Analysts predict a loss of 3 cents per share on revenue of $887.7 million. Yet, in true meme-stock fashion, the buzz — not the balance sheet — is stealing the show.
<h2 class="wp-block-heading">Roaring Kitty Strikes Again</h2>
On Thursday, a cryptic <a href="https://x.com/TheRoaringKitty/status/1864742787197116887">tweet</a> from Keith Gill — better known as Roaring Kitty — reignited retail investor excitement. Featuring an edited Time magazine cover, the post sent GameStop shares soaring by 10% intraday before closing up 5.92%.
AMC Entertainment Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) joined the rally with a 12% gain. Unrelated stocks like Unity Software Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) and Clear Secure Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOU#NYSE">YOU</a>) saw speculative action, underscoring the enduring power of meme-stock culture.
Read Also: <a href="https://www.benzinga.com/news/24/12/42349946/whats-going-on-with-amc-entertainment-stock-9">What&#8217;s Going On With AMC Entertainment Stock?</a>
<h2 class="wp-block-heading">GameStop Rises On Meme Stock Momentum</h2>
GameStop's stock is coming off a volatile year. It&#8217;s down 38.5% over the past six months but still up 92.92% year-to-date. 
Thursday's surge pushed the video game store franchise into strongly bullish technical territory, buoyed by retail trading enthusiasm reminiscent of its January 2021 heyday.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06063059/Screenshot-2024-12-06-at-5.00.33-PM.png" alt="" class="wp-image-680393" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06063059/Screenshot-2024-12-06-at-5.00.33-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06063059/Screenshot-2024-12-06-at-5.00.33-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120624&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
<h2 class="wp-block-heading">GameStop Stock Charts Flash Green</h2>
The charts suggest bullish momentum leading into earnings:
<ul>
<li>Moving Averages: GME trades above its eight-day ($28.72), 20-day ($27.85), 50-day ($24.16) and 200-day ($21.16) simple moving averages, signaling strong bullish trends.</li>
<li>Momentum Metrics: The MACD (moving average convergence/divergence) indicator stands at 1.30, reinforcing a bullish trend. Meanwhile, the RSI (relative strength index) at 61.41 suggests the stock is neither overbought nor oversold, leaving room for upward movement.</li>
</ul>
<h2 class="wp-block-heading">The Big Question</h2>
As earnings day looms, investors are asking: Will financials validate the optimism, or is this another meme-fueled rollercoaster? 
With retail traders in the driver's seat and Roaring Kitty's influence still potent, GameStop could see fireworks regardless of the numbers.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/12/42355841/gamestop-themed-memecoins-explode-as-roaring-kitty-returns-with-intriguing-x-post-gme-coin-shoots-up-over-80">GameStop-Themed Meme Coins Explode As Roaring Kitty Returns To X: GME Coin Shoots Up Over 80%</a></li>
</ul>
Image: Shutterstock

Gaming

Technicals

Previews

Tech

Trading Ideas

General

GameStop Ahead Of Q3 Earnings: Will Meme Magic Last Or Metrics Rule?

United Homes shares are trading lower after the company announced a secondary public offering of 7.42 million shares of class A common stock priced at $5 per unit.

Jefferies analyst Stephen Volkmann maintains Illinois Tool Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) with a Hold and raises the price target from $255 to $290.

Jefferies Maintains Hold on Illinois Tool Works, Raises Price Target to $290

GPUS

Hyperscale Data shares are trading higher after the company announced its intention to buy back 111,000 shares of class A common stock.

GWAV

Greenwave Technology Solutions Provides Update With $1.7M Annual Cost Savings From Facility Acquisitions, $20.7M Revenue From Sims Metal, And Upside Potential Amid Industry Consolidation By Steelmakers Expanding Capacity

Jefferies analyst Stephen Volkmann maintains Gates Industrial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTES#NYSE">GTES</a>) with a Buy and raises the price target from $23 to $26.

GTES

Jefferies Maintains Buy on Gates Industrial Corp, Raises Price Target to $26

VSEE

VSee Health shares are trading higher after the company announced a partnership with AbundaBox to launch AbundaLife to address health record management.

JMP Securities analyst Aaron Kimson reiterates Guidewire Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) with a Market Outperform and maintains $231 price target.

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