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UBS AG FI Enhanced Large Cap Growth ETN

United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares are trading higher after the company <a href="https://www.benzinga.com/pressreleases/24/06/b39355035/united-states-steel-corporation-provides-second-quarter-2024-guidance" target="_blank" rel="noreferrer noopener">announced its second-quarter guidance.</a>
U.S. Steel has provided a second-quarter 2024 adjusted net earnings per diluted share guidance of $0.76 to $0.80, below the analyst consensus estimate of $0.83.
Second quarter 2024 adjusted EBITDA is expected to be approximately $425 million <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">against the prior guidance of $425 million&nbsp;to&nbsp;$475 million.</a>
&#8220;Adjusted EBITDA guidance of $425 million is at the lower end of our prior second quarter outlook and reflects stable domestic flat-rolled steel end-use demand despite a dynamic spot steel pricing environment,&#8221; said President and CEO David B. Burritt.
&#8220;As expected, challenging market conditions are negatively impacting the Tubular segment&#8217;s performance.&#8221;
Recently, the proposed $14.9 billion merger between Nippon Steel Corp and <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/04/38227940/us-steel-delays-deal-with-nippon-atlas-lithium-secures-new-financing-ati-completes-expansion-" rel="noreferrer noopener">U.S. Steel has been met with strong opposition</a>.&nbsp;
The deal, initially expected to close by mid-2024, has been delayed due to <a target="_blank" href="https://www.benzinga.com/m-a/24/06/39129834/facing-biden-and-union-pushback-nippon-steel-steps-up-pursuit-of-us-steel-deal-as-vice-chairman-head" rel="noreferrer noopener">political resistance and ongoing investigations.&nbsp;</a>
It is facing opposition from President Joe Biden who wants the U.S. Steel to remain under domestic ownership. The steel workers union, USW has also expressed concerns about potential job losses.
&#8220;We continue to work towards the remaining U. S. regulatory approvals, and look forward to closing the transaction that will bring advanced technologies to U. S. Steel to support a stronger domestic steel industry with enhanced competition and will strengthen national security, economic security and job security,&#8221; said David B. Burritt.
Price Action: X shares are trading higher by 0.80% at $36.75 at last check Monday.
Photo by Dennis Diatel on Shutterstock

Equities

News

Guidance

Movers

General

What's Happening With US Steel Shares On Monday?

Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintains United Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBSI#NASDAQ">UBSI</a>) with a Market Perform and maintains $38 price target.

Price Target

Analyst Ratings

UBSI

Keefe, Bruyette & Woods Maintains Market Perform on United Bankshares, Maintains $38 Price Target

Financial giants have made a conspicuous bearish move on Core Scientific. Our analysis of options history for Core Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) revealed 11 unusual trades.
Delving into the details, we found 18% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $74,925, and 9 were calls, valued at $456,517.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $6.0 to $11.0 for Core Scientific over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Core Scientific's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Core Scientific's significant trades, within a strike price range of $6.0 to $11.0, over the past month.
<h3>Core Scientific 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718637359_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$4.6</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$6.00</td>
<td>$84.0K</td>
<td>1.5K</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.1</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$7.00</td>
<td>$78.0K</td>
<td>8.6K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$5.0</td>
<td>$3.9</td>
<td>$3.8</td>
<td>$6.00</td>
<td>$76.0K</td>
<td>1.5K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$0.95</td>
<td>$0.8</td>
<td>$0.95</td>
<td>$11.00</td>
<td>$54.2K</td>
<td>4.8K</td>
<td style="text-align: right;">66</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$0.5</td>
<td>$0.4</td>
<td>$0.45</td>
<td>$10.00</td>
<td>$43.3K</td>
<td>13.6K</td>
<td style="text-align: right;">417</td>
</tr>
</tbody>
</table>

<h3>About Core Scientific</h3>
Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.
After a thorough review of the options trading surrounding Core Scientific, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Core Scientific</h3>
<ul>
<li>With a volume of 4,855,882, the price of CORZ is down -3.89% at $9.93. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 57 days.</li>
</ul>
<h3>Professional Analyst Ratings for Core Scientific</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $9.0.
<ul>
<li>Consistent in their evaluation, an analyst from BTIG keeps a Buy rating on Core Scientific with a target price of $10. </li>
<li>An analyst from BTIG has elevated its stance to Buy, setting a new price target at $8. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Core Scientific, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Core Scientific, Inc. - Class A Common Stock

CORZ

Core Scientific Options Trading: A Deep Dive into Market Sentiment

Financial giants have made a conspicuous bullish move on Baidu. Our analysis of options history for Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) revealed 17 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $117,365, and 13 were calls, valued at $1,689,601.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $75.0 to $165.0 for Baidu over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Baidu stands at 1971.33, with a total volume reaching 2,114.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Baidu, situated within the strike price corridor from $75.0 to $165.0, throughout the last 30 days.
<h3>Baidu 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718637354_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$5.85</td>
<td>$5.75</td>
<td>$5.85</td>
<td>$95.00</td>
<td>$585.0K</td>
<td>1.5K</td>
<td style="text-align: right;">112</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.35</td>
<td>$22.3</td>
<td>$22.3</td>
<td>$75.00</td>
<td>$405.8K</td>
<td>1.6K</td>
<td style="text-align: right;">41</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$22.25</td>
<td>$22.2</td>
<td>$22.2</td>
<td>$75.00</td>
<td>$188.7K</td>
<td>1.6K</td>
<td style="text-align: right;">223</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$1.12</td>
<td>$0.92</td>
<td>$1.12</td>
<td>$110.00</td>
<td>$122.8K</td>
<td>4.5K</td>
<td style="text-align: right;">247</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$2.09</td>
<td>$2.0</td>
<td>$2.09</td>
<td>$110.00</td>
<td>$59.5K</td>
<td>2.2K</td>
<td style="text-align: right;">53</td>
</tr>
</tbody>
</table>

<h3>About Baidu</h3>
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.
Having examined the options trading patterns of Baidu, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Baidu</h3>
<ul>
<li>With a trading volume of 937,551, the price of BIDU is down by -0.74%, reaching $91.31.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 64 days from now.</li>
</ul>
<h3>What The Experts Say On Baidu</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $135.0.
<ul>
<li>An analyst from Susquehanna persists with their Positive rating on Baidu, maintaining a target price of $135. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Baidu with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

BIDU

Baidu Unusual Options Activity For June 17

Financial giants have made a conspicuous bearish move on Starbucks. Our analysis of options history for Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) revealed 8 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $128,490, and 5 were calls, valued at $316,925.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $73.0 to $165.0 for Starbucks over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Starbucks's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Starbucks's substantial trades, within a strike price spectrum from $73.0 to $165.0 over the preceding 30 days.
<h3>Starbucks Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718637349_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$6.75</td>
<td>$6.65</td>
<td>$6.75</td>
<td>$73.00</td>
<td>$134.8K</td>
<td>459</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/12/24</td>
<td>$0.73</td>
<td>$0.72</td>
<td>$0.72</td>
<td>$83.00</td>
<td>$64.8K</td>
<td>1.3K</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$2.97</td>
<td>$2.92</td>
<td>$2.93</td>
<td>$85.00</td>
<td>$52.7K</td>
<td>4.8K</td>
<td style="text-align: right;">24</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$86.35</td>
<td>$84.45</td>
<td>$86.35</td>
<td>$165.00</td>
<td>$43.1K</td>
<td>0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$86.3</td>
<td>$83.45</td>
<td>$85.36</td>
<td>$165.00</td>
<td>$42.6K</td>
<td>0</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>

<h3>About Starbucks</h3>
Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.
Having examined the options trading patterns of Starbucks, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Starbucks Standing Right Now?</h3>
<ul>
<li>With a volume of 2,154,204, the price of SBUX is up 1.81% at $81.09. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 43 days.</li>
</ul>
<h3>What Analysts Are Saying About Starbucks</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $98.5.
<ul>
<li>Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Starbucks, targeting a price of $112. </li>
<li>Reflecting concerns, an analyst from TD Cowen lowers its rating to Hold with a new price target of $85.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Starbucks with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

SBUX

What the Options Market Tells Us About Starbucks

Kevin O'Leary, known as "Mr. Wonderful" on the television show "Shark Tank," recently sparked a heated debate in the personal finance world with his <a href="https://www.benzinga.com/news/24/05/38861473/5-things-shark-tanks-kevin-oleary-does-not-waste-his-money-on-and-you-shouldnt-either">advice on cutting back</a> on everyday expenses. O'Leary posted on X, "STOP wasting money on $5.50 coffee and $15 sandwiches. Pack a sandwich, skip the fancy latte, and watch your savings pile up. Do you agree?"
Don't Miss:
<ul>
<li>Can you guess how many retire with a $5,000,000 nest egg? &#8211;<a href="https://www.benzinga.com/money/retire-5mil-nest-egg"> How does it compare to the average?</a></li>
<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
</ul>
The post drew immediate backlash, notably from <a href="https://www.benzinga.com/personal-finance/24/05/38964934/ramit-sethi-blasts-generic-finance-goals-over-conscious-budgeting-i-want-to-do-what-i-want-when-">Ramit Sethi</a>, an American writer and personal finance adviser. Sethi, author of the 2009 New York Times bestseller "I Will Teach You to Be Rich," criticized O'Leary's advice, pointing out the hypocrisy and oversimplification inherent in such statements.
Sethi responded, "Are you guys really falling for this guy wearing a $6,000 custom suit while telling Americans to cut back on coffee, as he conveniently skips over how frugality isn't what made him worth hundreds of millions? Also missing from this fun little clip is the minor fact of how he was paid $15 million to scam people promoting FTX. How many coffees do you have to cut back on to equal that number, Kevin?"
Sethi emphasized that while frugality can help save money, it is not the key to accumulating vast wealth. "I don't mind people becoming extremely wealthy. Just tell the honest truth! It's not f&#x2A;&#x2A;&#x2A;ing coffee and it's not saving money on iceberg lettuce that got you there," he said.
Trending: The average millionaire has 7 sources of income &#8211;<a href="https://www.benzinga.com/money/average-millionaire-7-sources-income"> Here are 3 passive income opportunities you can add today</a>.
The exchange highlights a broader debate in the personal finance community about the role of small savings versus larger financial strategies. O'Leary's stance is that reducing daily expenses, like skipping expensive coffee and sandwiches, can lead to significant savings over time. This approach is often advocated for those looking to manage their budgets more effectively and build savings.
However, Sethi argues that focusing solely on cutting small expenses can be misleading. He believes that true financial success comes from broader strategies such as investing, increasing income, and making smart financial decisions. Sethi's criticism of O'Leary underscores the importance of transparency and honesty in financial advice.
The clash between these two financial figures reveals differing <a href="https://www.benzinga.com/personal-finance/24/05/39069576/are-you-rich-heres-the-net-worth-you-need-to-be-poor-middle-class-and-wealthy">philosophies on wealth accumulation</a> and personal finance management. O'Leary's practical tips on cutting daily costs may resonate with many looking for immediate ways to save money. In contrast, Sethi's emphasis on larger financial strategies offers a more holistic approach to achieving long-term financial success.
While both O'Leary and Sethi offer valuable insights, their debate reminds us that personal finance is multifaceted. It involves not just cutting costs but also making informed decisions about investments and income generation. If you're plotting your financial course, it might also be a good idea to <a href="https://www.benzinga.com/money/are-you-rich">consult with a financial advisor</a> to develop a strategy that truly fits your life.
Read Next:
<ul>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
<li>How much money will a $200,000 annuity pay out each month?<a href="https://www.benzinga.com/money/200k-annuities-adv"> The numbers may shock you.</a></li>
</ul>

Personal Finance

Kevin O'Leary Urges 'Stop Wasting Money on $5.50 Coffee' — Ramit Sethi Calls Him Out: 'It's Not The F*g Coffee That Got You There'

Keefe, Bruyette &amp; Woods analyst Kyle Voigt maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Market Perform and maintains $76 price target.

SCHW

Keefe, Bruyette & Woods Maintains Market Perform on Charles Schwab, Maintains $76 Price Target

<a href="https://investors.hpe.com/news-and-events#investor-relations-summit-hpe-discover-2024">https://investors.hpe.com/news-and-events#investor-relations-summit-hpe-discover-2024</a>
&nbsp;
Investor Relations Summit @ HPE Discover 2024
TitleInvestor Relations Summit @ HPE Discover 2024DateJune 2024
Title: Investor Relations Summit @ HPE Discover 2024
Date: June 18, 2024
The HPE Investor Relations Summit 2024, will provide an executive-level conversation around HPE&#39;s vision, strategy, and points of differentiation across our AI, networking, and hybrid cloud portfolios. It will also offer insight into the latest innovations in our products and services. The event will take place Tuesday, June 18th in Las Vegas in connection with HPE Discover 2024.
The event will begin with HPE President and CEO Antonio Neri&#39;s keynote at Sphere. Antonio will welcome NVIDIA&#39;s Founder and CEO Jensen Huang into his keynote for a deeper look at our AI partnership.
Agenda 
9:00 am &ndash; 10:00 am PT (12:00pm &ndash; 1:00pm ET): Keynote by HPE President and CEO Antonio Neri at Sphere with special guest NVIDIA Founder and CEO Jensen Huang 
<a href="https://www.hpe.com/us/en/discover.html">HPE Discover 2024</a>
11:45 am &ndash; 12:30 pm PT (2:45pm &ndash; 3:30pm ET): IR Summit 2024 session with Antonio Neri and members of the executive HPE leadership team 
<a href="https://event.choruscall.com/mediaframe/webcast.html?webcastid=916kGdK9">Click here for webcast</a>
IR Summit Speakers 
Antonio Neri, President and CEO 
Neil MacDonald, EVP and General Manager, Server 
Fidelma Russo, EVP and General Manager, Hybrid Cloud, and CTO

Events

NVDA

HPE Investor Relations Summit 2024 On June 18th; NVIDIA's Founder And CEO Jensen Huang Will Join Keynote To Discuss Deeper Look At AI Partnership

WIIM

ADBE

Adobe shares are trading lower following a report indicating the US has sued the company, alleging it impacted consumers by enrolling them in subscription plans without clearly disclosing important terms.

Scotiabank analyst Divya Goyal maintains Alithya Group (TSX:<a class="ticker" href="https://www.benzinga.com/stock/ALYA#TSX">ALYA</a>) with a Sector Perform and raises the price target from C$2.5 to C$2.8.

TSX:ALYA

Scotiabank Maintains Sector Perform on Alithya Group, Raises Price Target to C$2.8

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by <a href="https://www.benzinga.com/topic/weather">June&#8217;s extreme weather</a>.
The Forecast: <a href="https://www.accuweather.com/">According</a> to AccuWeather, several major population centers will see extreme heat this week.
Chicago is forecasted to experience temperatures exceeding 90 degrees through Friday, similar to the heatwaves seen in 2022 and 2023. No rain is expected for the week.
Fellow Midwestern cities Detroit, Cleveland and Cincinnati will see temperatures in the mid-to-high 90s through Friday.
On the East Coast, temperatures are expected to be even higher. New York City is forecasted to reach the mid-90s, Philadelphia will climb to the high 90s, and Washington D.C. is predicted to top out at over 100 degrees.
Affected Stocks: Temperatures <a href="https://www.benzinga.com/real-estate/23/12/36046628/could-climate-change-resistant-housing-be-the-next-innovation-in-home-construction">have increased steadily</a> in recent years. The phenomenon, widely attributed to the effects of climate change, has affected companies in various sectors.
Several large manufacturers of air conditioners in the U.S. typically see a surge in sales following periods of extreme weather. This trend is unsurprising given the increased demand for cooling solutions during heatwaves. Carrier Global Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>), Trane Technologies PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>), Lennox International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>) and Watsco Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) are among the largest HVAC manufacturers.
Lowe&#8217;s Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) and Home Depot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) are the two largest companies in home improvement; the companies sell a wide range of products including fans and air conditioners. 
Generac Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) is a manufacturer of backup power generation for residential, commercial and industrial purposes. Demand for generators is likely to rise after extreme weather events, such as heatwaves, hurricanes, or floods, due to the increased need for backup power during outages.
Edgewell Personal Care Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPC#NYSE">EPC</a>) manufactures sunscreen under the brands Banana Boat and Hawaiian Tropic, two of the most popular names in the United States.
Attendance at theme parks could wane during prolonged stretches of extreme heat. Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Six Flags Entertainment Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIX#NYSE">SIX</a>) are two of the largest amusement park operators in the U.S.
Also Read: <a href="https://www.benzinga.com/markets/esg/24/05/39012013/noaa-meteorologists-predict-aggressive-hurricane-season-what-it-means-for-home-depot-generac-other-s">NOAA Meteorologists Predict Aggressive Hurricane Season: What It Means For Home Depot, Generac, Other Storm-Related Stocks</a>
Image generated using artificial intelligence via Midjourney.

Trading Ideas

CARR

GNRC

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

Legal

U.S. Sues Adobe, Claiming It Harms Consumers By Enrolling Them In Subscription Plans Without Clearly Disclosing Important Terms

Ferrovial Cancels 13.2M Treasury Shares With Nominal Value Of €0.01/Share; As Result, Issued Share Capital To Be Reduced By Nominal Amount Of €132,451; Cancellation May Not Be Effected Earlier Than 2-Months After Resolution Is Adopted And Announced

Keefe, Bruyette &amp; Woods analyst Bose George maintains AG Mortgage IT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MITT#NYSE">MITT</a>) with a Market Perform and maintains $7.5 price target.

MITT

Keefe, Bruyette & Woods Maintains Market Perform on AG Mortgage IT, Maintains $7.5 Price Target

Justin Kurth Leads Streamlined Operations Organization Focused on Risk Management, Efficiency and Innovation
PITTSBURGH, June 17, 2024 /PRNewswire/ --&nbsp;F.N.B. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>), the parent Company of First National Bank, today announced it has enhanced its Bank Operations with a single, streamlined reporting structure. The updates are designed to enable FNB to more effectively apply automation, drive efficiency and innovation, further strengthen FNB's focus on risk management and create a superior customer experience.

FNB Announced It Has Enhanced Its Bank Operations With A Single, Streamlined Reporting Structure

<a href="https://www.supermarketnews.com/news/unfi-looking-sell" title="https://www.supermarketnews.com/news/unfi-looking-sell">https://www.supermarketnews.com/news/unfi-looking-sell</a>

Rumors

UNFI

United Natural Foods Shares Moving Higher; Traders Circulate Takeover Chatter From Article Titled "Troubles With SuperValu Purchase Have Left The Distributor In Hot Water" - Supermarket News

Ethereum Classic's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/etc/usd">ETC</a>) price has decreased 4.82% over the past 24 hours to $24.22, continuing its downward trend over the past week of -10.0%, moving from $27.0 to its current price. 
The chart below compares the price movement and volatility for Ethereum Classic over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1718636622_0.png" alt="price_chart" />
The trading volume for the coin has fallen 12.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.06%. This brings the circulating supply to 147.56 million, which makes up an estimated 70.03% of its max supply of 210.70 million. According to our data, the current market cap ranking for ETC is #29 at $3.59 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1718636622_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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

Cryptocurrency

$ETC

Cryptocurrency Ethereum Classic Decreases More Than 4% Within 24 hours

Over the past 24 hours, Internet Computer's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">ICP</a>) price has fallen 5.26% to $8.78. This continues its negative trend over the past week where it has experienced a 21.0% loss, moving from $11.06 to its current price. 
The chart below compares the price movement and volatility for Internet Computer over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1718636553_0.png" alt="price_chart" />
The trading volume for the coin has fallen 32.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.17%. This brings the circulating supply to 465.32 million. According to our data, the current market cap ranking for ICP is #27 at $4.12 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1718636553_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$ICP

Cryptocurrency Internet Computer Decreases More Than 5% Within 24 hours

Over the past 24 hours, Fetch.ai's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/fet/usd">FET</a>) price has fallen 8.72% to $1.32. This continues its negative trend over the past week where it has experienced a 25.0% loss, moving from $1.71 to its current price. 
The chart below compares the price movement and volatility for Fetch.ai over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1718636545_0.png" alt="price_chart" />
The trading volume for the coin has climbed 51.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.58%. This brings the circulating supply to 2.52 billion, which makes up an estimated 95.84% of its max supply of 2.63 billion. According to our data, the current market cap ranking for FET is #33 at $3.32 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1718636545_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$FET

Cryptocurrency Fetch.ai Decreases More Than 8% Within 24 hours

AI capabilities in Oracle APEX enable users who don't know SQL to execute a vector search in less than two minutes
AUSTIN, Texas, June 17, 2024 /PRNewswire/ --&nbsp;Oracle today announced new AI innovations in the latest release of the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4191856-1&amp;h=1989012484&amp;u=https%3A%2F%2Fapex.oracle.com%2Fen%2F&amp;a=Oracle+APEX">Oracle APEX</a> low-code development platform. The new APEX AI Assistant simplifies application development and helps developers quickly build feature-rich, mission-critical applications at scale. Developers now can create applications by using natural language prompts to specify desired capabilities and components and automatically generate SQL statements, perform one-click debug correction, eliminate the need to remember table names, and easily add an out-of-the-box conversational interface to their applications. Oracle APEX is a fully supported, no-cost feature of Oracle Database and all Oracle Database services including Oracle Autonomous Database that developers can try for free <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4191856-1&amp;h=2794509562&amp;u=https%3A%2F%2Fapex.oracle.com%2Fen%2Flearn%2Fgetting-started%2F&amp;a=here">here</a>.