Jervois Glb (OTC:JRVMF) Stock, Quote.Headers.trade-ideas

Jervois Global Ltd is a cobalt company with nickel and copper exposure, refinery assets, and growth opportunities. The company's project includes Idaho Cobalt, Sao Miguel Paulista Refinery, Nico Young, and other non-core assets. The company's operating segment includes Australia, Brazil, Finland, the United States, and Others. The company generates the majority of its revenue from the Finland segment, which includes the cobalt refining and specialty products business located in Kokkola, Finland.

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JERVOIS GLOBAL LIMITED by Jervois Global Limited

Jervois Global Ltd

<ul>
<li>Gold Stream Upfront Consideration: WPMI will pay Allied total upfront cash consideration of US$175 million (the "Deposit") in four equal installment payments during construction, subject to certain customary conditions.</li>
<li>Streamed Metal: WPMI will purchase 6.7% of the payable gold until a total of 220 thousand ounces ("Koz") of gold has been delivered, at which point WPMI will purchase 4.8% of the payable gold for the life of mine. During any period in which debt exceeding US$150 million ranks ahead of the Gold Stream, the stream percentage increases to 7.15% and decreases to 5.25% once the drop-down threshold is reached. Payable gold is calculated using a fixed payable factor of 99.95%.</li>
<li>Production Profile1:&nbsp;Attributable Gold Stream production is forecast to average over 16 Koz of gold per year for the first ten years of production. The Project is forecast to have an 11-year mine life based on reserves alone with additional upside from resources and significant exploration potential. First production is anticipated in mid-2026.</li>
<li>Production Payments:&nbsp;WPMI will make ongoing payments for the gold ounces delivered equal to 15% of the spot price of gold</li>
<li>Incremental Reserves and Resources1: The addition of the Kurmuk Project will increase Wheaton's total estimated Proven and Probable Mineral gold reserves by 0.18 million ounces ("Moz"), Measured and Indicated Mineral gold resources by 0.03 Moz and Inferred gold resources by 0.02 Moz.</li>
</ul>

Reported Earlier, Wheaton Precious Metals Announces $175M Gold Stream Acquisition From Allied Gold's Kurmuk Project

The Company intends to use the net proceeds from this Offering for general corporate and working capital needs. The Company's Ordinary Shares are trading on the Nasdaq Capital Market under the symbol "BTCT". The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
In addition, the Company expects to grant Aegis Capital Corp. a 45-day option to purchase additional Ordinary Shares of up to 15% of the number of Ordinary Shares sold in the Offering solely to cover over-allotments, if any.

BTCT

Reported Earlier, BTC Digital Launches Underwritten Public Offering To Sell Ordinary Shares

Management Commentary
"This independent review validates Greenfire's strategic vision, supporting a significant 72% increase in our 2P reserve volumes year-over-year, with an after-tax net present value of $2.7 billion. We believe our disciplined approach to development and operational excellence has transformed these assets into a compelling investment opportunity," said Robert Logan, President and Chief Executive Officer at Greenfire.
"Additionally, the McKay CPF relocation provides further value generation opportunities as separately evaluated by McDaniel in the Management Accelerated Development Scenario. These milestones signal a pivotal moment in the Company's strategic review process, putting us in a strong position to unlock significant long-term value for Greenfire shareholders," concluded Mr. Logan.

Reported Earlier, Greenfire Resources Reports 72% Increase In 2P Reserves, $2.7B NPV10 AT, Reflecting Strong Growth Plans At Hangingstone Facilities

<ul>
<li>Daiichi Sankyo and AstraZeneca's datopotamab deruxtecan showed a 42.7% objective response rate in previously treated patients</li>
<li>Data support recent BLA submission in the U.S. for this patient population</li>
</ul>

DSNKY

Reported Earlier, Daiichi Sankyo And AstraZeneca's Datopotamab Deruxtecan Shows Meaningful Clinical Activity In Advanced EGFR-Mutated NSCLC In TROPION-Lung05 And TROPION-Lung01 Analysis

Shytoshi Kusama, the pseudonymous lead of the&nbsp;Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) ecosystem, on Thursday, distanced themselves from the controversial meme coin launched by influencer&nbsp;Haliey Welch&nbsp;of the &#8220;Hawk Tuah&#8221; fame. 
What Happened:&nbsp;Kusama came to X to clear the air over the alleged links to the HAWK coin, which was pumped and dumped shortly after its launch.
The mysterious personality disclosed that they were approached by Welch&#8217;s team months ago to promote the coin, but they declined the offer.
However, Kusama said they were fine with the project airdropping millions of their tokens to the SHIB community.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">For those who don&#39;t know me, I keep it real&#8230; so let&#39;s make sure this <a href="https://twitter.com/search?q=%24HAWK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$HAWK</a> bs is clear so there is no confusion: A thread &#x1f9f5; tua make it clear.<a href="https://twitter.com/hashtag/SHIBARMY?src=hash&amp;ref_src=twsrc%5Etfw">#SHIBARMY</a> listen up:
&mdash; Shytoshi Kusama&#x2122; (@ShytoshiKusama) <a href="https://twitter.com/ShytoshiKusama/status/1864613232897409386?ref_src=twsrc%5Etfw">December 5, 2024</a></blockquote>
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&#8220;Because Shib is decentralized, the post including Shib was going out regardless. So okay, you want to airdrop tokens; it won&#8217;t be the first or last, and we have methods in place to accept these properly (Leash, etc.) like we have done in the past,&#8221; Kusama added. 
Even so, Kusama denied any partnership or agreement with the team at this time.
The Shiba Inu lead said that while they were preparing on their end for the airdrop, Welch&#8217;s team went ahead with the &#8220;instant launch.&#8221;
&#8220;Pump and obvious dumping; even denial of doing so! Which imho is shameful and just like like 90% of the crap on Solana. Do better,&#8221; Kusama slammed the creators.
They deemed the meme coin as &#8220;trash&#8221; and advised the community to stay away from the &#8220;terrible&#8221; launch.
The team behind the HAWK token didn&#8217;t immediately respond to Benzinga&#8217;s request for comment on the claims by Kusama.
See Also:&nbsp;<a href="https://www.benzinga.com/24/12/42356067/venture-capitalist-david-sacks-appointed-as-white-house-ai-crypto-czar-by-trump">Trump Appoints Venture Capitalist David Sacks As White House Crypto And AI Czar: &#8216;He Will Work On A Legal Framework&#8217;</a>
Why It Matters: The cryptocurrency community was stunned by the sudden crash in the meme coin&#8217;s market value after the initial pump, with many accusing Welch of <a href="https://www.benzinga.com/general/entertainment/24/12/42333397/hawk-tuah-girl-accused-of-scamming-crypto-buyers-after-newly-launched-meme-coin-pumps-and-dumps-victims-contemplate-legal-action">defrauding them through insider trading</a>.
Welch has denied the allegations, saying that no free token was given to anyone from the team or&nbsp;influencers. 
Fingers also started to point toward the Shiba Inu ecosystem, with a user named Lola accusing the team behind the official X account of promoting the pump-and-dump coin.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/Shibtoken?ref_src=twsrc%5Etfw">@Shibtoken</a> was promoting the pump and dump HAWK after the dump on SHIRO &#x1f447; 500M MC and dumped to 60MC . For the love of your money and your sanity , please stop supporting them This man doesnt represent <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw">#SHIB</a> . They are giving SHIB bad name and it is intentional <a href="https://t.co/4e76ohyabF">pic.twitter.com/4e76ohyabF</a>
&mdash; Lola (@CryptoLollla) <a href="https://twitter.com/CryptoLollla/status/1864544890127839275?ref_src=twsrc%5Etfw">December 5, 2024</a></blockquote>
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Price Action: As of this writing, the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based coin was down 32.59% in the last 24 hours while its market capitalization plummeted to $27 million from $425 million immediately after launch, <a href="https://dexscreener.com/solana/exygvxvrvujjryo65vyuhlaccxhwyztkqa7jxqit2tvr" target="_blank" rel="noreferrer noopener">according&nbsp;</a>to Dexscreener data.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/24/12/42356727/peter-schiff-challenges-jim-cramers-bullish-bitcoin-take-says-such-statements-are-made-at-market-tops">Peter Schiff Questions Jim Cramer&#8217;s Bullish Bitcoin Take As It Slumps From $100K: These Are Statements &#8216;Made At Market Tops&#8217;</a></li>
</ul>

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

Cryptocurrency

General

$SHIB

$SOL

Shiba Inu's Shytoshi Kusama Denies Links With 'Hawk Tuah' Girl's Pump-And-Dump Memecoin, Advises Community To Stay Away

Jim Cramer urged caution on Thursday night despite strong earnings beats from major retailers, as Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), and DocuSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) all saw significant after-hours gains.
What Happened: &#8220;We talk about how hard it is to take something off the table but sometimes you have to,&#8221; Cramer the host of CNBC&#8217;s &#8220;Mad Money&#8221; posted on X. &#8220;When you see LULU and ULTA and DOCU roar it&#8217;s the last thing you want to do but you need to be safe and sensible, too.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We talk about how hard it is to take something off the table but sometimes you have to.. When you see LULU and ULTA and DOCU roar it&#39;s the last thing you want to do but you need to be safe and sensible, too
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1864786311246188756?ref_src=twsrc%5Etfw">December 5, 2024</a></blockquote>
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Ulta Beauty led the surge, jumping 12.16% in after-hours trading after <a href="https://www.benzinga.com/news/earnings/24/12/42351981/ulta-beauty-shares-climb-on-better-than-expected-q3-results-raised-fy24-sales-outlook">reporting third-quarter earnings</a> of $5.14 per share, handily beating analyst estimates of $4.54. The beauty retailer posted revenue of $2.53 billion, exceeding expectations of $2.5 billion, with comparable sales rising 0.6%.
Lululemon shares climbed 9.19% after hours following <a href="https://www.benzinga.com/news/buybacks/24/12/42352166/lululemon-q3-earnings-revenue-beat-eps-beat-1b-buyback-increase-continued-momentum-across-international-markets">strong international growth</a>. The athletic apparel maker reported revenue of $2.4 billion and earnings of $2.87 per share, both topping Wall Street forecasts. International revenue soared 33% year-over-year, helping offset slower 2% growth in the Americas.
DocuSign rounded out the impressive showing with shares rising 14.60% after hours. The e-signature <a href="https://www.benzinga.com/news/earnings/24/12/42352653/docusign-stock-soars-on-q3-earnings-beat-revenue-beat-strong-guidance">company posted adjusted earnings</a> of 90 cents per share on revenue of $754.8 million, beating analyst expectations on both metrics. Subscription revenue grew 8% year-over-year to $734.7 million.
See Also: <a href="https://www.benzinga.com/markets/equities/24/12/42356725/alex-karp-supports-doge-as-trump-taps-palantirs-shyam-shankar-for-border-security-role-cannot-have-a-better-person-than-musk">Alex Karp Supports DOGE, As Trump Taps Palantir&#8217;s Shyam Shankar For Border Security Role: &#8216;Cannot Have A Better Person Than Musk&#8217;</a>
Despite celebrating his bullish calls on both Ulta and Lululemon, Cramer&#8217;s cautionary tone reflected broader market concerns about maintaining gains. &#8220;Very strong night, and I have to tell you I was sweating the program on both my bullish calls on LULU and on ULTA,&#8221; he noted on X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Very strong night, and i have to tell you i was sweating the program on both my bullish calls on LULU and on ULTA
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1864784759584625080?ref_src=twsrc%5Etfw">December 5, 2024</a></blockquote>
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The strong performances come as retailers navigate a challenging economic environment. Ulta&#8217;s gross profit margin declined to 39.7% due to higher costs, while Lululemon&#8217;s inventory levels increased 8% to $1.8 billion.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/12/42356853/intel-adds-former-asml-microchip-technology-leaders-to-board-amid-leadership-changes">Intel Shakes Up Board With ASML And Microchip Technology Veterans Amid CEO Transition</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

LULU

ULTA

Jim Cramer Admits To 'Sweating' Bullish Calls As Ulta, Lululemon, DocuSign Rally: 'You Need To Be Safe And Sensible, Too'

Macro Economic Events

Econ #s

Economics

Germany Industrial Production (MoM) For October -1.0% Vs. 1.0% Est.; -2.0% (Revised) Prior

U.K. Halifax House Price Index (MoM) For November 1.3% Vs. 0.3% Est.; 0.4% (Revised) Prior

U.K. Halifax House Price Index (YoY) For November 4.8% Vs. 3.6% Est.; 4.0% (Revised) Prior

<ul>
<li>BNT324/DB-1311 showed encouraging antitumor activity and a manageable safety profile in a Phase 1/2a clinical trial in heavily pretreated patients with locally advanced or metastatic solid tumors, including small cell lung cancer ("SCLC"), non-small cell lung cancer ("NSCLC"), and castration-resistant prostate cancer ("CRPC").</li>
<li>In patients with SCLC with at least one post-baseline tumor assessment and who had received prior immunotherapy but no prior topoisomerase 1 inhibitor, the unconfirmed objective response rate ("uORR") was 70.4% at the BNT324/DB-1311 9 mg/kg dose level.</li>
<li>In patients with CRPC, the uORR was 28.0%; imaging progression-free survival ("rPFS") data are not yet mature, with a median rPFS of 7.2 months and a 6-month rPFS rate of 94.7%.</li>
<li>Multiple clinical trials combining selected assets from BioNTech's and DualityBio's strategic partnership with BNT327/PM8002, an investigational bispecific antibody targeting PD-L1 and VEGF-A, are planned; a Phase 1/2 trial evaluating BNT324/DB-1311 with BNT327/PM8002 in patients with SCLC or NSCLC is planned to start in 2025.</li>
</ul>

BNTX

Reported Earlier, Duality Biologics And BioNtech Reveals Interim Results For B7-H3 Antibody-Drug Conjugate BNT324/DB-1311 In Advanced Solid Tumors At ESMO Asia Congress 2024

Alphabet Inc.'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>) Google has introduced its PaliGemma 2 AI models, which can apparently detect emotions from images.
What Happened: In a blog post on Thursday, Google announced PaliGemma 2, an AI model that analyzes images to generate captions and answer questions about people in photos.
"PaliGemma 2 generates detailed, contextually relevant captions for images, going beyond simple object identification to describe actions, emotions, and the overall narrative of the scene," the blog post read.
The tech giant has conducted extensive testing to assess demographic biases in PaliGemma 2, but details on the benchmarks used were not fully disclosed.
See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42299723/tesla-vs-byd-the-ev-duel-heats-up?itm_source=parsely-api">Tesla Vs. BYD: The EV Duel Heats Up</a>
However, several experts have expressed concerns about the implications of this technology.
Sandra Wachter, a professor at the Oxford Internet Institute, <a href="https://techcrunch.com/2024/12/05/google-says-its-new-open-models-can-identify-emotions-and-that-has-experts-worried/">told</a> TechCrunch that assuming emotions can be read from facial features is problematic, likening it to seeking advice from a &#8220;Magic 8 Ball.&#8221;
Emotion detection has been a goal for many tech companies, but the science remains uncertain. Mike Cook, a research fellow at Queen Mary University, asserted that emotion detection is complex and not fully solvable.
Heidy Khlaaf, chief AI scientist at the AI Now Institute, a nonprofit said, "AI aside, research has shown that we cannot infer emotions from facial features alone."
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: The introduction of Google&#8217;s PaliGemma 2 models comes amid growing scrutiny of the company's AI technologies.
Last month, Google&#8217;s Gemini chatbot faced backlash after a user <a href="https://www.benzinga.com/tech/24/11/42055794/googles-gemini-chatbot-draws-scrutiny-after-hostile-interaction-with-user-heres-what-the-search-giant-has-to-say">reported a hostile interaction</a>. This incident followed another where a chatbot allegedly influenced a teenager&#8217;s tragic decision, highlighting the need for careful oversight.
However, Google&#8217;s AI advancements continue to expand. Earlier this month, the search and advertisement giant launched the Veo video generator <a href="https://www.benzinga.com/24/12/42307366/googles-veo-video-generator-arrives-on-cloud-how-quora-and-mondelez-are-using-ai-for-creative-content">on its Cloud platform</a>.
This tool allows companies like Quora and Mondelez International to create content, showcasing the diverse applications of AI.
In October, Alphabet reported a <a href="https://www.benzinga.com/news/earnings/24/10/41611263/alphabet-q3-earnings-highlights-revenue-beat-eps-beat-google-cloud-up-35-momentum-across-the-compan">strong third-quarter performance</a>, with a 15% increase in revenue.
Price Action: At the time of writing, Alphabet's Class A stock dipped 0.18% in after-hours trading, settling at $172.33, while Class C stock slipped 0.25% to $173.88. Earlier in Thursday's regular trading session, Class A shares dropped 0.99% to close at $172.64, and Class C shares fell 1.01%, ending the day at $174.31, as per <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42312508/tesla-ceo-elon-musk-agrees-with-apple-co-founder-steve-jobs-on-guiding-talent-you-know-who-the-best-managers-are?itm_source=parsely-api">Tesla CEO Elon Musk Agrees With Apple Co-Founder Steve Jobs On Guiding Talent: &#8216;You Know Who The Best Managers Are?&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

Media

GOOG

GOOGL

Google's New AI Models Can Gauge How You Feel, But Experts Warn Of Bias, Abuse, And Dystopian Risks: 'We Cannot Infer Emotions From Facial Features Alone'

Venture capital powerhouse Marc Andreessen has <a href="https://www.benzinga.com/markets/equities/24/11/42206297/amid-elon-musks-push-for-drones-and-ai-for-combat-transformation-analyst-pierre-ferragu-says-shift-the-defense-budget-in-favor-of-startups">emerged as a crucial figure in recruiting talent</a> for President-elect Donald Trump&#8216;s new Department of Government Efficiency. 
What Happened: Andreessen, co-founder of Andreessen Horowitz, is actively involved in identifying and interviewing candidates for DOGE, which will be co-chaired by Tesla Inc. CEO Elon Musk and former presidential candidate Vivek Ramaswamy, <a href="https://www.ft.com/content/1f14799f-69a1-41cb-bf7f-6f16f9ad4a8b">reported</a> the Financial Times on Thursday, citing sources familiar with the matter.
While holding no official position, Andreessen is leveraging his extensive network to attract high-level candidates to the initiative, which aims to cut annual $6.5 trillion in <a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">spending from the federal budget</a>.
The billionaire venture capitalist has existing ties to Musk <a href="https://www.benzinga.com/news/24/03/37582116/elon-musk-says-xai-will-open-source-grok-throws-shade-at-openai-by-calling-it-a-lie">through significant investments</a> in xAI and SpaceX, as well as backing Musk&#8217;s $44 billion acquisition of X (formerly Twitter). Andreessen&#8217;s involvement follows his surprising July endorsement of Trump, breaking with Silicon Valley&#8217;s traditionally Democratic leanings.
Andreessen Horowitz did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/24/12/42356192/tim-cook-breaks-silence-on-defying-steve-jobs-design-philosophy-with-the-iphone-16s-camera-button-vision-pro-sales-airpods-disrupting-hearing-aids-and-whether-hell-lead-apple-into-the-next-era">Tim Cook Explains Why Apple Defied Steve Jobs&#8217; Design Philosophy With the iPhone 16&#8217;s Camera Button, Touches On Retirement Plans: &#8216;I&#8217;ll Do It Until…&#8217;</a>
Why It Matters: DOGE&#8217;s recruitment efforts became public in November when the department&#8217;s X account called for &#8220;super high-IQ small-government revolutionaries&#8221; willing to work extensive hours on cost reduction initiatives. The report indicates that Andreessen is focusing on senior-level recruitment rather than reviewing general applications.
Other notable <a href="https://www.benzinga.com/24/11/42253427/elon-musks-doge-dream-team-from-marc-andreessen-to-ubers-travis-kalanick-silicon-valley-titans-join-forces-to-overhaul-federal-spending">tech figures reportedly involved in DOGE include</a> former Uber Technologies Inc. CEO Travis Kalanick, Andreessen Horowitz&#8217;s general partner Sriram Krishnan, and private equity executive Antonio Gracias.
Andreessen&#8217;s role in DOGE comes amid his recent observations about artificial intelligence development plateauing due to data and computational limitations, adding another dimension to the initiative&#8217;s potential focus on technological <a href="https://www.benzinga.com/tech/24/11/41932289/ai-capabilities-plateauing-say-andreessen-horowitz-founders-echoing-concerns-of-openai-co-founder-ilya-sutskever">solutions for government efficiency</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/media/24/12/42356920/amazon-halts-inferentia-ai-chip-development-to-take-on-nvidia-how-trainium-is-shaping-up-to-be-the-new-weapon-in-ai-chip-wars">Amazon Halts Inferentia AI Chip Development To Take On Nvidia: How Trainium Is Shaping Up To Be The New Weapon In AI Chip Wars</a></li>
</ul>
Marc Andreessen Elon Musk &#x7C; Photos courtesy: Wikimedia and Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSLA

Marc Andreessen Emerges As Trump And Musk's Talent Scout For DOGE Cost Cutting Mission: Report

Each ADS represents eighteen (18) ordinary shares of the Company

IPOs

NAMI

Reported Earlier, Jinxin Technology Holding Prices $5M Initial Public Offering Of 1.25M American Depositary Shares At $4/ADS

Reported Earlier, Brookfield Renewable Launches C$200M Green Hybrid Notes With 5.450% Initial Interest Rate, Resetting Every Five Years

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday ahead of the much-awaited jobs report for November, with the Dow Jones index falling more than 200 points during the session. All three major indices notched solid gains on Wednesday, posting record closes.
Kroger Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) reported weaker-than-expected sales for the third quarter on Thursday. Dollar General Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) reported third-quarter adjusted EPS of 89 cents, down 29.4% year-over-year, missing the consensus of 94 cents.
On the economic data front, U.S. initial jobless claims increased to 224,000 in the week ending Nov. 30, compared to 213,000 in the previous week, and higher than market estimates of 215,000. U.S. trade deficit shrank to $73.8 billion in October versus a revised $83.8 billion gap in the previous month and compared to market estimates of a $75 billion gap.
Most sectors on the S&amp;P 500 closed on a negative note, with industrials, materials, and healthcare stocks recording the biggest losses on Thursday. However, consumer discretionary and consumer staples stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 248 points to 44,765.71 on Thursday. The S&amp;P 500 fell 0.19% to 6,075.11, while the Nasdaq Composite fell 0.17% to close at 19,700.72 during Thursday's session.
Investors are awaiting earnings results from Genesco Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCO#NYSE">GCO</a>), BRP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>), and Kirkland&#8217;s, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIRK#NASDAQ">KIRK</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 55.8, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 56.9.
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.
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Photo courtesy: Shutterstock

Earnings

Pre-Market Outlook

KIRK

Dow Takes A Breather After Record Close, Dips Over 200 Points Ahead Of Jobs Report: Fear Index Remains In 'Greed' Zone

The size of the offering was increased from the previously announced $400 million of shares of common stock. The gross proceeds to the Company, before deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be approximately $575 million.&nbsp; The Company intends to use the net proceeds from the proposed offering for the repayment of certain indebtedness under the Company's Third Amended and Restated Credit Agreement, dated September 26, 2022, with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.

SMTC

Reported Earlier, Semtech Prices Upsized $575M Public Offering of 9,126,985 Common Shares At $63/Shares

BRP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>) will release earnings results for the third quarter, before the <a href="https://www.benzinga.com/quote/DOOO/earnings">opening bell on Friday, Dec. 6</a>.
Analysts expect Dollar General to report quarterly earnings at 69 cents per share. That's down sharply from $3.06 per share a year ago. The Valcourt, Canada-based company projects to report quarterly revenue of $1.87 billion, compared to $2.47 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Oct. 17, BRP initiated sale process for its marine businesses.
Dollar General shares gained 0.1% to close at $48.52 on Thursday.
Benzinga readers 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. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/DOOO/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>UBS analyst Robin Farley maintained the stock with a Neutral rating and cut the price target from $66 to $65 on Sept. 13. This analyst has an accuracy rate of 82%.</li>
<li>Citigroup analyst James Hardiman maintained a Buy rating and decreased the price target from $80 to $75 on Sept. 9. This analyst has an accuracy rate of 72%.</li>
<li>Raymond James analyst Joseph Altobello maintained a Strong Buy rating and cut the price target from $114 to $108 on April 1. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying DOOO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="587" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06013519/Screenshot-2024-12-06-120421-1024x587.png" alt="" class="wp-image-680021" style="width:672px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06013519/Screenshot-2024-12-06-120421-1024x587.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06013519/Screenshot-2024-12-06-120421-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06013519/Screenshot-2024-12-06-120421-768x440.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06013519/Screenshot-2024-12-06-120421.png 1105w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Long Ideas

Price Target

Analyst Ratings

Top Wall Street Forecasters Revamp BRP Price Expectations Ahead Of Q3 Earnings

Nokia and du deploy first commercial Cloud RAN solution in Middle East and Africa with Red Hat OpenShift
<ul>
<li>Highlights du's technological leadership and commitment to the UAE's ambitious digital transformation agenda.</li>
<li>Nokia's anyRAN approach offers customers more flexibility, openness, security, and choice in their selection of cloud infrastructure.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>The solutions are powered by Red Hat OpenShift.</li>
</ul>

Nokia And du Launch The First Commercial Cloud RAN Solution In The Middle East And Africa

<ul>
<li>Innate will receive 3m USD upfront plus up to 4.9m USD in conditional tranched investments from The Institute for Follicular Lymphoma Innovation (IFLI)</li>
<li>Patients with R/R Follicular Lymphoma will be included in the ongoing Phase 1/2 trial investigating IPH6501 in patients with R/R CD20+ Non-Hodgkin Lymphoma</li>
</ul>

IPHA

Innate Pharma And The Institute For Follicular Lymphoma Innovation Secures Up To $7.9M Investment To Advance IPH6501 For Follicular Lymphoma Treatment

LIFW

LifeWallet Unifies Operations Under the MSP Recovery Brand, Supporting Initiatives Aligned With The Department Of Government Efficiency

Jervois Global Limited (AU:JRV) has released an update. Jervois Global Limited has announced the cessation of 12.8 million options and 554,291 perf...

Jervois Global Announces Options and Rights Cessation

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Jervois Global Director's Stake Changes Post Options Expiry

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Jervois Global Secures Extensions to Strengthen Finances

Cobalt Miners News For The Month Of October 2024

Jervois Global Limited (AU:JRV) has released an update. Jervois Global Limited is making strides in the cobalt and nickel sectors, as highlighted i...

Jervois Global's Strategic Moves in Cobalt and Nickel

Jervois Global Limited (AU:JRV) has released an update. Jervois Global Limited reported a resilient performance in Q3 2024 with a US$2.9 million ad...

Jervois Global Shows Resilience Amid Market Challenges

Cobalt Miners News For The Month Of November 2024

Jervois Global Limited (AU:JRV) has released an update. Jervois Global Limited has secured an additional US$24.5 million under its Working Capital ...

Jervois Global Secures Additional Funding for Restructuring

Jervois secures additional $24.5M under working capital facility

Nickel Miners News For The Month Of November 2024

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