Hannan Metals (OTC:HANNF) Stock, Quote.Headers.trade-ideas

Hannan Metals Ltd is a Canada-based junior mineral exploration company. It is engaged in the business of acquisition and exploration of mineral properties. Geographically, the company operates in Canada and Ireland. Its exploration and evaluation assets are located in Ireland. The firm holds interest in Clare Regional Project and San Martin Project.

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Hannon Armstrong Sustainable Infrastructure Capital

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HANNAN METALS LTD ORD by Hannan Metals, Ltd.

Hannan Metals Ltd

U.S. stocks settled higher on Friday, with the S&amp;P 500 and Dow Jones index surging to fresh highs during the session. U.S. major averages also recorded gains for the fifth straight week, with the S&amp;P 500 and Nasdaq adding 1.1% each, while the Dow gained 1.2% last week.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Zachary Fadem
<ul>
<li>Analyst Firm: Wells Fargo</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained an Equal-Weight rating on Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) and cut the price target from $450 to $420 on Oct. 11. This analyst sees around 2% downside in the stock.</li>
<li>Recent News: On Oct. 10, the company reported sales growth of 5.1% Y/Y to $1.08 billion, missing the analyst consensus estimate of $1.10 billion.</li>
</ul>
Analyst: Andrew Kaplowitz
<ul>
<li>Analyst Firm: Citigroup</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Buy rating on GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) and raised the price target from $198 to $216 on Oct. 10. This analyst sees around 13% upside in the stock.</li>
<li>Recent News: On Sept. 23, the company launched AI Wingmate to support its 52,000 employees in enhancing quality and innovation in flight.</li>
</ul>
Analyst: Justin Post
<ul>
<li>Analyst Firm: B of A Securities</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Neutral rating on Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) and raised the price target from $132 to $142 on Oct. 11. This analyst sees around 6% upside in the stock.</li>
<li>Recent News: On Aug. 6, Airbnb reported worse-than-expected second-quarter EPS results and issued third-quarter revenue guidance below estimates.</li>
</ul>
Analyst: Brent Thielman
<ul>
<li>Analyst Firm: DA Davidson</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained a Neutral rating on Apogee Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) and raised the price target from $65 to $75 on Oct. 8. This analyst sees more than 4% decline in the stock.</li>
<li>Recent News: On Oct. 4, Apogee Enterprises reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance above estimates.</li>
</ul>
Analyst: Harsh Kumar
<ul>
<li>Analyst Firm: Piper Sandler</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained an Overweight rating on Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and boosted the price target from $175 to $200 on Oct. 11. This analyst sees around 20% upside in the stock.</li>
<li>Recent News: AMD, last week, launched several new high-performance computing solutions at the event, including fifth Gen AMD EPYC server CPUs, AMD Instinct MI325X accelerators, AMD Pensando Salina DPUs, AMD Pensando Pollara 400 NICs and AMD Ryzen AI PRO 300 series processors for enterprise AI PCs.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/10/41304700/cvs-has-real-value-jim-cramer-says-micron-had-an-amazing-quarter">CVS Has &#8216;Real Value,&#8217; Jim Cramer Says: Micron Had An &#8216;Amazing&#8217; Quarter</a></li>
</ul>

Price Target

Pre-Market Outlook

Analyst Ratings

ABNB

APOG

This Analyst With 85% Accuracy Rate Sees Around 20% Upside In AMD - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the S&amp;P 500 and Dow Jones index surging to fresh highs during the session.
U.S. major averages also recorded gains for the fifth straight week, with the S&amp;P 500 and Nasdaq adding 1.1% each, while the Dow gained 1.2% last week.
On the economic data front, core producer prices in the U.S. increased by 0.2% from the previous month for September compared to a 0.3% rise in August.
Shares of Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) gained around 5.6% on Friday after the company reported better-than-expected earnings for its third quarter. JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) reported better-than-expected third-quarter FY24 earnings.
Most sectors on the S&amp;P 500 closed on a positive note, with financials, real estate, and industrials stocks recording the biggest gains on Friday. However, consumer discretionary and information technology stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 410 points to 42,863.86 on Friday. The S&amp;P 500 rose 0.61% to 5,815.03, while the Nasdaq Composite rose 0.33% to close at 18,342.94 during Friday's session.
Investors are awaiting earnings results from Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 74.3, the index remained in the &#8220;Greed&#8221; zone on Friday, versus a prior reading of 69.1.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/24/10/41304700/cvs-has-real-value-jim-cramer-says-micron-had-an-amazing-quarter">CVS Has &#8216;Real Value,&#8217; Jim Cramer Says: Micron Had An &#8216;Amazing&#8217; Quarter</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

KARO

Strong Earnings From JPMorgan, Wells Fargo Drive Dow, S&P 500 To Record Highs: Fear Index Remains In 'Greed' Zone

Scott Bessent, a prominent economic adviser to Donald Trump, has addressed concerns regarding Trump&#8217;s potential economic policies if re-elected. Bessent assured that Trump would not weaken the U.S. dollar or drastically alter trade policies.
What Happened: Bessent, a hedge fund manager, has emerged as a key figure in Trump&#8217;s economic advisory team, despite not holding a position in Trump&#8217;s previous administration. He has contributed over $2 million to Trump&#8217;s 2024 campaign and is considered a potential candidate for Treasury secretary if Trump returns to office, the Financial Times <a href="https://www.ft.com/content/fa08cc45-e6d1-4e19-b49b-047c5a23ca39">reported</a> on Monday.
Trump and his running mate, JD Vance, have previously suggested a weaker dollar to enhance exports. However, Bessent emphasized that a new Trump administration would support a strong dollar.
&#8220;The reserve currency can go up and down based on the market.&nbsp;I believe that if you have good economic policies, you're naturally going to have a strong dollar,&#8221; Bessent said.
Bessent also defended Trump&#8217;s proposed tariffs, describing them as &#8220;maximalist&#8221; positions likely to be softened in negotiations. He asserted, &#8220;My general view is that at the end of the day, he's a free trader.&#8221;
See Also: <a href="https://www.benzinga.com/news/earnings/24/10/41293799/s-p-500-dow-jones-hit-new-record-highs-as-financial-stocks-soar-on-upbeat-earnings?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">S&amp;P 500, Dow Jones Hit New Record Highs As Financial Stocks Soar On Upbeat Earnings</a>
Additionally, Bessent mentioned Trump&#8217;s intention to appoint a new Federal Reserve head but assured that Trump would not interfere with its independence. He highlighted Trump&#8217;s business acumen and understanding of economics.
Why It Matters: Trump&#8217;s economic policies have been a topic of intense debate. His proposal to impose 100% tariffs to enforce dollar dominance has raised concerns about potential economic disruption. According to Commerzbank AG strategist Ulrich Leuchtmann, such a move<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40773903/trumps-100-tariff-plan-for-dollar-dominance-could-backfire-warns-expert-that-change"> could lead to &#8220;massive disruption&#8221;</a> in the global economic system.
Moreover, Trump&#8217;s proposal to reduce the federal corporate tax rate from 21% to 15% has sparked debate. While some believe it could <a href="https://www.benzinga.com/startups/24/10/41291635/are-trumps-proposed-corporate-tax-cuts-the-key-to-unleashing-a-stock-market-boom-heres-what-history">boost the economy</a>, others remain skeptical. The Tax Foundation suggests that such a cut could increase U.S. GDP by 0.4% and create approximately 93,000 full-time jobs.
Recently, Trump&#8217;s long-standing trade advisor Robert Lighthizer reportedly cautioned investors to prepare for a rapid execution of <a href="https://www.benzinga.com/news/24/10/41303907/trumps-former-trade-advisor-warns-wall-street-prepare-for-swift-tariff-implementation-if-ex-presiden">Trump's tariff proposals</a> if he secures a second term in office.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41270761/september-inflation-hotter-than-expected-jobless-claims-spike-the-most-in-over-a-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">September Inflation Hotter Than Expected, Jobless Claims Spike The Most In Over A Year, Clouding Fed&#8217;s Interest Rate Outlook (UPDATED)</a></li>
</ul>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Macro Economic Events

Economics

General

Trump Adviser Defends Ex-President's Economic Policies: 'Strong Dollar' Would 'Naturally' Come Around

BYNO

Reported Friday, byNordic Acquisition Reports Extension Of Deadline To Complete Business Combination From October 12, 2024 to November 12, 2024

MGRX

Reported Friday, Mangoceuticals Announces 1-for-15 Reverse Stock Split To Regain Nasdaq Listing Compliance, Effective October 16

The recall was initiated because these products contain a recalled ready-to-eat chicken ingredient supplied by BrucePac of Durant, Okla., which was found to be contaminated with&nbsp;Listeria monocytogenes during routine tests by the U.S. Department of Agriculture&#39;s Food Safety and Inspection Service (FSIS).

Reported Saturday, Albertsons Recalls ReadyMeals And Deli Items Across Multiple States Following Listeria Concerns

As disclosed in the Company&#39;s publicly filed interim financial statements for the three months ended March 31, 2024, the credit facilities were set be renewed on a yearly basis, at the discretion of the Creditors, on July 16, 2024. The Company had actively been working with RBC and EDC on securing a renewal, but as previously announced by the Company, on August 9, 2024, the Creditors exercised their discretion not to renew the credit facilities and provided the Company with Notice of Intention to Enforce Security pursuant to subsection 244(1) of the&nbsp;Bankruptcy and Insolvency Act&nbsp;(Canada).

Reported Saturday, Vicinity Motor Fails To Renegotiate Terms With Creditors, Concludes Workout Plan Without Restructuring

<ul>
<li>-Subject 1 and Subject 2 experienced durable, clinically meaningful improvements in swallowing at 9-months and 6-months post-BB-301 treatment, respectively, with Subject 2 achieving a Sydney Swallow Questionnaire Score Representative of Clinically Normal Swallowing-</li>
<li>-Management plans to host a conference call on October 14 at 8:30 am EDT to discuss the interim results, details below-</li>
</ul>

BNTC

Reported Saturday, Benitec Biopharma Reveals Data From Low-Dose BB-301 In Phase 1b/2a Study At World Muscle Society Congress

<ul>
<li>First scientific presentation of previously announced data from Cohort 1 of the ongoing Phase&nbsp;1b&nbsp;clinical trial evaluating low-dose LTI-03 (2.5 mg BID) in IPF, affirms positive trends in seven of the eight biomarkers evaluated, suggesting potential therapeutic effect</li>
<li>Recently completed enrollment of Cohort 2 evaluating high-dose LTI-03 (5 mg BID) in mid-September; topline data expected in the near-term</li>
</ul>

ALRN

Reported Saturday, Aileron Therapeutics To Present Phase 1b Trial Data On LTI-03 For Idiopathic Pulmonary Fibrosis At 22nd Lung Fibrosis Colloquium

German automaker Volkswagen Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>) delivered 189,400 all-electric vehicles in the three months through the end of September, <a href="https://www.benzinga.com/markets/24/09/40958654/volkswagens-crisis-is-the-reflection-of-europes-automotive-struggles">marking a drop of about 10%</a> from the corresponding period last year, the company said on Friday.
What Happened: The company witnessed most decline in EV sales in the U.S., followed by Europe. While EV deliveries in the U.S. fell by nearly 42% to 11,900 in the third quarter, deliveries in Europe dropped 12%. 
However, in China, EV deliveries rose 5.2% to 57,500 units. 
The group&#8217;s best-selling all-electric vehicles in the period were Volkswagen ID.4/ ID.5 and the ID.3, the company said, with the Audi Q4 e-tron following close at heel. 
Overall, Volkswagen delivered about 2.2 million vehicles globally in the last quarter across fuel types, marking a drop of about 7% from Q3 last year, owing to a significant drop in sales in Western Europe and China, its primary markets. 
Why It Matters: Volkswagen now expects deliveries of new models such as the VW ID.7 Tourer,&nbsp;Audi Q6&nbsp;e-tron,&nbsp;and Porsche Macan Electric to spurr numbers in the last quarter. 
&#8220;In the coming months, numerous attractive new models across all brands will strengthen our market position worldwide. In addition, however, a better cost base, particularly in Germany, is essential to remain successful in this environment in the future," said Marco Schubert, Member of Volkswagen Group's Extended Executive Committee for Sales. 
Late last month, Volkswagen <a href="https://www.benzinga.com/news/24/09/40935394/chinese-ev-maker-nio-eyes-audis-brussels-plant-amid-european-expansion-report">cut its annual outlook</a> citing a challenging market environment to global deliveries of around 9 million, down from the 9.24 million delivered last year. The company had previously said that it expects a rise of up to 3%. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41307588/polestar-conducting-review-of-strategy-and-operations-following-drop-in-q3-deliveries">Polestar Conducting Review Of Strategy And Operations Following Drop In Q3 Deliveries</a></li>
</ul>
Photo courtesy: Volkswagen

Tech

VWAGY

Volkswagen EV Sales Drop 10% In Q3 Due To Slowdown In US And EU, But China Shines As A Bright Spot With 5% Growth

<ul>
<li>24.8 MW of Projects Expected in the Near Term</li>
<li>820 Homes Expected to be Powered by this Project</li>
<li>SolarBank&#39;s First Community Solar Project in&nbsp;Pennsylvania</li>
</ul>

SUUN

SolarBank Unveils 7 MW Stauffer Community Solar Project In Pennsylvania

<ul>
<li>Inventiva secures &euro;94.1 million of a multi-tranche equity financing of up to &euro;348 million, subject to satisfaction of specified conditions, from both new and existing investors, and up to&nbsp;$30 million&nbsp;in milestone payments relating to equity financing pursuant to amendment to license and collaboration agreement with CTTQ.</li>
<li>Proceeds from financing to be primarily used to advance Inventiva&#39;s Phase 3, NATiV3 clinical trial evaluating lanifibranor in patients with MASH.</li>
<li>More than 1,100 patients randomized in the NATiV3 study evaluating lanifibranor for the treatment of noncirrhotic MASH, with completion of enrollment projected in 1H 2025.</li>
<li>Appointment to the Board of Directors of Mark Pruzanski, MD, as Chairman and Srinivas Akkaraju, MD, PhD, as director, subject to the next General Meeting of Shareholders&#39; approval</li>
</ul>

Inventiva Raises Up To €348M To Fund Phase 3 NATiV3 Clinical Trial For MASH, Appoints New Chairman and Director

<ul>
<li>Record&nbsp;Europe,&nbsp;Middle East&nbsp;and&nbsp;Africa&nbsp;(EMEA) ADV&nbsp;of&nbsp;6.2M, up&nbsp;30%&nbsp;in&nbsp;Q3&nbsp;2024</li>
<li>Asia Pacific&nbsp;(APAC) ADV of&nbsp;1.8M, up&nbsp;28%</li>
</ul>

CME Group International ADV Reaches 8.4M Contracts In Q3 2024, Bolstered By 30% Growth In EMEA And 28% In APAC

In an episode of the Bg2 Pod, Nvidia Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang shared his thoughts on a variety of subjects, including Tesla and SpaceX CEO Elon Musk&#8217;s xAI.
What Happened: The podcast posted on Sunday features a discussion between Altimeter Capital&#8217;s CEO Brad Gerstner and partner Clark Tang with Huang.
During the conversation, the Nvidia CEO was asked about <a href="https://www.benzinga.com/news/24/07/39881748/elon-musks-xai-flips-the-switch-on-100k-nvidia-h100-gpus-worth-up-to-4b-in-memphis-supercluster-most">xAI&#8217;s achievement of constructing</a> a large coherent supercluster in Memphis in a matter of months. &#8220;
&#8220;Elon is singular in this understanding of engineering and construction and large systems and marshaling resources,&#8221; he said.
See Also: <a href="https://www.benzinga.com/news/24/10/41301870/elon-musks-x-reaches-agreement-with-unilever-drops-it-from-ad-boycott-lawsuit-first-part-of-the-ecos?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s X Reaches Agreement With Unilever, Drops It From Ad Boycott Lawsuit: &#8216;First Part Of The Ecosystem-Wide Solution&#8217;</a>
The Nvidia CEO also praised the engineering, networking, and infrastructure teams at xAI, stating that the integration of technology and software was &#8220;incredible.&#8221;
&#8220;Just to put in perspective, 100,000 GPUs that&#8217;s you know easily the fastest supercomputer on the planet as one cluster. A supercomputer that you would build would take normally three years to plan. And then they deliver the equipment and it takes one year to get it all working,&#8221; Huang stated, adding, &#8220;We&#8217;re talking about 19 days.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Ep17. Welcome Jensen Huang &#x7C; BG2 w/ Bill Gurley &amp; Brad Gerstner" width="500" height="281" src="https://www.youtube.com/embed/bUrCR4jQQg8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: In July earlier this year, xAI initiated the training of the Memphis Supercluster with 100,000 Nvidia H100 GPUs, making it the most powerful AI training cluster in the world.
Previously, it was reported that Musk and Oracle&#8217;s Larry Ellison had implored Huang for <a href="https://www.benzinga.com/news/24/09/40901908/elon-musk-and-oracles-larry-ellison-begged-jensen-huang-for-nvidia-gpus-at-a-dinner-please-take-our">additional GPUs during a dinner</a> meeting.
This discussion on the Bg2 Pod further highlights the strong relationship between Musk and Huang, which was evident when <a href="https://www.benzinga.com/news/24/07/39570114/elon-musk-hails-nvidia-ceo-jensen-huangs-work-ethic-and-humble-start-at-dennys-absolutely-the-right">Musk praised Huang&#8217;s work ethic</a> earlier in July.
Earlier, Huang has also voiced his appreciation for Musk&#8217;s efforts, especially in the <a href="https://www.benzinga.com/news/24/05/38979880/thanks-jensen-elon-musk-reacts-to-nvidia-ceos-praise-of-teslas-full-self-driving-technology">area of self-driving vehicles</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s Blackwell Chip Faces AMD&#8217;s MI350 Challenge In 2025: CEO Lisa Su Says, &#8216;Beginning, Not The End Of The AI Race&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

NVDA

Nvidia CEO Jensen Huang Praises Elon Musk For Achieving Something With xAI In 19 Days That Usually Takes At Least A Year: 'Singular In His Understanding Of Engineering'

With Juniper&#39;s AI-Native solutions, it can now tap into the right data, right real-time responses, and right infrastructure to deliver improved mobile employee experiences

JNPR

Reported Sunday, Juniper's AI-Native Networking Platform Transforms Seoul Semiconductor's Wired And Wireless Infrastructure

&ndash; Positive data confirm Evrysdi efficacy and safety in children first treated pre-symptomatically before 6 weeks of age, with most achieving motor milestones similar to children without SMA &ndash;
&ndash; All children were able to swallow and feed orally, with none requiring permanent ventilation &ndash;
&ndash; Evrysdi is the only non-invasive SMA therapy and is approved in over 100 countries, with more than 16,000 people with SMA treated globally &ndash;

RHHBF

RHHBY

RHHVF

Genentech's Evrysdi Two-Year Data Shows Promising Results In Spinal Muscular Atrophy, Most Children Treated Early Reach Key Mobility Milestones

With U.S. stock futures trading slightly lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) to report quarterly earnings at 39 cents per share on revenue of $63.23 million after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Karooooo shares gained 14.4% to $50.00 in after-hours trading.</li>
<li>Innate Pharma S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPHA#NASDAQ">IPHA</a>) named Jonathan Dickinson as its new Chief Executive Officer, effective Nov. 1. Innate Pharma shares gained 5.6% to close at $2.07 on Friday.</li>
<li>Nurix Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRIX#NASDAQ">NRIX</a>) reported better-than-expected third-quarter earnings results. The company reported a quarterly loss of 67 cents per share which beat the analyst consensus estimate of a loss of 70 cents per share. Nurix Therapeutics gained 2% to $24.10 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) reported a preliminary loss of $9.97 per share and revenue of $17.8 billion for the third quarter. The company also announced a 10% reduction in its workforce. Boeing shares fell 0.9% to $149.60 in the after-hours trading session.</li>
<li>China Liberal Education Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLEU#NASDAQ">CLEU</a>) reported a first-half loss of $2.04 per share, compared to year-ago earnings of 18 cents per share. The company reported $890.00 thousand in sales for the quarter. China Liberal Education shares fell 2.8% to $0.2965 in the after-hours trading session.</li>
</ul>
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Photo courtesy: Shutterstock

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Swedish EV maker Polestar Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) is conducting a review of its <a href="https://www.benzinga.com/news/24/08/40387487/polestar-starts-production-in-us-to-avoid-high-tariffs-imposed-on-china-made-evs">strategy and operations</a>, company CEO Michael Lohscheller said on Friday, after the company reported a drop in Q3 deliveries. 
What Happened: Polestar delivered 11,900 vehicles in the third quarter, about 15% less than the 13,976 units it delivered in the corresponding quarter of last year. 
&#8220;Together with the management team, we are conducting a review of our strategy and operations, to set out a clear path for Polestar's development,&#8221; Lohscheller, who took over as company CEO earlier this month, said. "A key to our future success will be the development of our commercial capabilities: going from showing to actively selling cars.&#8221;
The company will now provide a business and strategy update on January 16, 2025, it said. 
Why It Matters: Polestar is <a href="https://www.benzinga.com/news/24/07/39634005/swedish-carmaker-polestar-recalls-nearly-32-000-units-of-its-best-selling-ev-in-us-canada">majority-owned</a> by China&#8217;s Geely. The company expects revenue in 2024 to be similar to last year when it recorded a full-year revenue of $2,377.7 million. 
Polestar is now looking to achieve a cash flow break-even towards the end of 2025 but at a lower volume than previously targeted.
The company said on Friday that it is now engaging in constructive dialogue with its lenders regarding its loan covenants. The lenders remain supportive, it added.
The company reported cash and cash equivalent of $669 million as of June 30. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
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Photo courtesy: Polestar

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Polestar Conducting Review Of Strategy And Operations Following Drop In Q3 Deliveries

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