Lineage Cell Therapeutics Stock (AMEX: LCTX)

Lineage Cell Therapeutics (AMEX:LCTX) Stock, Quote.Headers.trade-ideas

Lineage Cell Therapeutics

Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline is based on two platform technologies including cell replacement and cell/drug delivery. Lineage Cell's product candidate is OpRegen, a retinal pigment epithelium transplant therapy for the treatment of dry age-related macular degeneration, OPC1, an oligodendrocyte progenitor cell therapy for acute spinal cord injuries, and VAC2, allogeneic cancer immunotherapy of antigen-presenting dendritic cells for non-small cell lung cancer, ANP1, an allogeneic auditory neuron progenitor cells transplant for hearing loss, and PNC1, an allogeneic photoreceptor cell transplant for vision loss.

Long Ideas

News

Penny Stocks

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

AISP

GSAT

LCTX

LGVN

The Dow Jones index closed higher by around 25 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Lineage Cell Therapeutics, Longeveron And 2 Other Stocks Under $2 Insiders Are Buying

Biotech

Health Care

Market-Moving Exclusives

Exclusives

General

ERNA

Lineage Cell Therapeutics Inc (NYSE: LCTX) has initiated certain development activities to generate a novel hypoimmune induced pluripotent stem cell (iPSC) line under the company’s exclusive option and license agreement with Eterna Therapeutics Inc (NASDAQ: 

EXCLUSIVE: Cell Therapy Player Lineage Cell Therapeutics Starts Development Activities Under Licensing Pact With Eterna Therapeutics

Small Cap

Movers

BPTS

COHR

CTCX

DTIL

EBET

GBNH

MRCY

NVOS

SCYX

SPGC

SSKN

TIVC

TRVN

TSEM

TTOO

WTER

Why DLocal Shares Are Trading Higher By 25%; Here Are 20 Stocks Moving Premarket

Lineage Cell Therapeutics, Inc. Common Stock

Lineage Cell Therapeutics Inc

CIBC analyst Anita Soni maintains B2Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BTG#AMEX">BTG</a>) with a Neutral and raises the price target from $3.3 to $3.6.

Price Target

Analyst Ratings

CIBC Maintains Neutral on B2Gold, Raises Price Target to $3.6

BMO Capital analyst James Thalacker maintains Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) with a Outperform and raises the price target from $246 to $278.

BMO Capital Maintains Outperform on Constellation Energy, Raises Price Target to $278

Source: <a href="https://www.streetwisereports.com/article/2024/09/20/new-data-point-to-two-types-of-mineralization-at-property.html?utm_medium=feed">Streetwise Reports 09/20/2024</a>
Sampling results showed that this Chilean project could host high-grade copper and precious metal deposits, which would bode well for its economic viability. Find out why one newsletter writer believes this company is a Buy.
Preliminary results of Vortex Metals Inc.&#39;s (OTC: <a class="ticker" href="https://www.benzinga.com/stock/vmssf#OTC">VMSSF</a>) recent surface sampling program at the brownfield Illapel copper project in Chile, indicate the presence of copper, silver, and gold mineralization, as announced in a news release.
&quot;[The company] put out some fairly impressive soil sample results yesterday morning&quot; Michael Ballanger of GGM Advisory Inc. wrote in a Sept. 18 article. &quot;They were recovered from a brand new area of the Illapel property.&quot;
Vortex Metals Director Dr. John Larson and his team collected 13 surface samples from several key areas in the project concessions and sent them to ALS Global, a laboratory in Santiago, for multielement analysis. The team also collected bulk samples from which to produce standards for quality control in future drill core analysis.
Eight of the surface samples showed copper, gold, and silver mineralization. Some samples demonstrated elevated levels of associated elements, including iron, molybdenum, and cobalt. Some of the standout results showing high grades are:
<ul>
<li>0.62 grams per ton (0.62 g/t) gold and 1.33% copper in sample 1021</li>
<li>75.2 g/t silver and 4.31% copper in sample 1019</li>
<li>32.6 g/t silver, 0.21 g/t gold, and 5.85% copper in sample 1029</li>
</ul>
The findings overall confirm that the Illapel concessions may host at least two distinct styles of mineralization: mantos (predominantly copper-silver mineralization) and epithermal vein systems (copper-gold mineralization), the release pointed out. Illapel&#39;s potential to host high-grade copper and precious metals deposits suggests the economic viability of future projects, according to the company.
<h2>Diversified Exploration Portfolio</h2>
Vortex Metals is a copper-focused explorer-developer with a diversified portfolio of exploration projects in Chile and Mexico. The discovery-driven company believes there has never been a better time to invest in copper-gold exploration, it noted in its presentation.
The Illapel project comprises three mineral leases over about 6,000 hectares in Chile&#39;s Choapa province, not far from the community of Illapel. The area boasts sufficient infrastructure and is conducive to year-round drilling, noted Technical Analyst Clive Maund in a Sept. 9 report.* The fully permitted project is in &quot;a most promising copper-rich area&quot; and &quot;can be said to have &#39;blue sky&#39; potential.&quot;
Specifically, Illapel is near the fully operational Rio 27 copper-silver mine, from which favorable geology runs north and south. Rio-27 has been in production for more than 10 years and has processed 400,000 tons of high-grade copper (averaging 1.39%) and silver (about 7 g/t) ore, Ballanger wrote.
&quot;This property is a favorite of ex-BHP Billiton Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bhp#NYSE">BHP</a>) Chilean country manager John Larson, whose 16 years with the multinational giant afforded him many &#39;looks&#39; at properties of merit in the Andean copper belt&quot; he added.
Vortex holds an option to acquire up to an 80% interest in Illapel including right of first refusal on the Rio 27 mine and processing facility, Maund explained.
Illapel is also near Sociedad Punta del Cobre&#39;s US$380 million (US$380M) El Espino copper-gold mine, where annual production is estimated to be 26,000,000 tons of copper and 13,000 ounces of gold.
Vortex also owns 100% of Riqueza Marina and Zaachila in an emerging copper belt in Oaxaca, Mexico, through its subsidiary, Empresa Minera Acagold SA de CV. Both of these, drill ready, copper-gold volcanogenic massive sulphide projects, hold potential for significant copper discovery.
The team advancing these assets has successfully developed and exited several exploration projects, including Underworld Resources, sold to Kinross Gold Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kgc#NYSE">KGC</a>) for CA$139M.
<h2>Copper Price To Remain Strong</h2>
The global copper market is expected increase in value by more than 50%, reaching US$259 billion (US$259B), up from US$170B in 2022, according to Statista.
Bank of America analysts predict the copper price will climb past US$10,000 per ton by 2025, Mining.com reported in a Sept. 17 article. (It is now about US$9,266 per ton.) The price will remain strong, they assert, given high demand, constrained supply, and rising investment in energy transition projects.
Marin Katusa of Katusa Research wrote in a recent article, &quot;Copper has become indispensable.&quot; From electric vehicles to renewable energy systems, its role in the global economy is critical. The ongoing electrification of the world depends heavily on copper, and this dependence is only set to grow.&quot;
This is good news for copper exploration companies, particularly those with a copper-gold porphyry deposit. These deposits, according to Investing News Network, are &quot;among the world&#39;s most valuable deposits&quot; because they contain the largest known exploitable concentrations of copper.
Maund pointed out that junior exploration companies with worthwhile assets likely will become takeover targets.
INN explained in another article, &quot;Due to their size and scope, copper porphyry deposits have the potential to become large-tonnage, low-cost operations based on mineralization.&quot;
According to Katusa, demand for &quot;the engine of the green economy&quot; is &quot;unstoppable&quot; and a supply crunch is inevitable, as indicated by three metrics. They are the rapid decline in days of forward consumption of copper, the long-term global market balance for copper moving toward a deficit and a slowing of global mine production of copper. From 2015 to 2023, only 18,000,000 (18 Mt) of copper were discovered versus 28 Mt in 2014 alone.
While demand for the red metal is increasing, supply remains constrained. Joe Austin, senior analyst at Chaikin Analytics, reported that the copper supply is expected to start declining after peaking at some point in the next two years, according to the International Energy Agency. The agency estimates a copper shortfall of about 7 Mt by 2035, about a third of the output forecasted for that year.
&quot;By 2040, the available supply of copper will be roughly two-thirds of what we produce today. But by then, the demand for copper will have soared far higher than where it is today&quot; Austin wrote.
This anticipated tightening of the copper market is likely to cause a price surge, Katusa purported.
<h2>The Catalyst: Drill Results</h2>
Phase 1 drilling, comprising 3,000 meters, at Illapel is underway to systematically evaluate and advance several high-priority targets within the project area, noted a previous news release.
&quot;It probably won&#39;t be long until results from it start coming in, which could clearly act as a catalyst for the stock&quot; Maund wrote.
<h2>&quot;Stock in Buying Territory&quot;</h2>
Both Ballanger and Maund are bullish on Vortex Metals. In his recent report, Ballanger highlighted that the company&#39;s stock is &quot;dirt cheap&quot; and thus, now was a good time to buy.
&quot;I think it will be a solid performer by the end of the year&quot; he added.
Similarly, Maund wrote recently that the stock is in buying territory, based on its charts. In addition, Vortex is well poised to benefit from the current, major bull markets in copper and gold and the momentum in each that is expected soon.
&quot;This being so, [Vortex&#39;s] stock is regarded as most attractive here following its dip back to a foundation of strong support that is expected to propel an advance to much higher levels&quot; wrote Maund.
<h2>Ownership and Share Structure</h2>
According to Reuters, four strategic entities own 7.84%, or 6.28 million (6.28M) shares, of Vortex. They are Director Michael Williams with 3.6% or 2.88M shares, Cofounder, Chief Executive Officer, and Director Vikas Ranjan with 2.5% or 2M shares, Roger Zelong with 1.07% or 0.86M shares and Director John Larson with 0.67% or 0.54M shares.
One institution, AIPM Azur International Portfolio Management AG, holds 0.94% or 0.75M shares.
Retail investors own the remaining 91.22% of Vortex.
The company has 80.05M outstanding shares and 77.37M free float traded shares.
Its market cap is CA$5.88M, and its 52-week trading range is CA$0.07&ndash;CA$0.15 per share.
Important Disclosures:
<ol>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vortex Metals Inc.</li>
<li>Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research.</li>
<li>Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
<li>* Disclosure for the quote from the Clive Maund article published on September 9, 2024</li>
<li>For the quoted article (published on September 9, 2024), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$1,575.</li>
<li>Author Certification and Compensation: [Clive Maund of clivemaund. com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts&#39; Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed</li>
</ol>
Clivemaund. com Disclosures
The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund&#39;s opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund&#39;s opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.

Large Cap

Events

VMSSF

New Data Point to Two Types of Mineralization at Property

BMO Capital analyst Fadi Chamoun reiterates JB Hunt Transport Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) with a Outperform and maintains $195 price target.

Reiteration

JBHT

BMO Capital Reiterates Outperform on JB Hunt Transport Servs, Maintains $195 Price Target

<a href="https://www.globenewswire.com/Tracker?data=N1dNOLy-9C5YLX0G4kO-JUsH0Q5SfABTbARyhjsK9MEYf-Sc8s6IcDs3ZI0yXf7zQQAaoYx0C6CP00CZLjl1Bjau1Ov_JImovOzRGoFs_037wIoVP42uUyZdKQ4V9U9d">Complete Solar Holdings, Inc.</a> d/b/a Complete Solar ("Complete Solar" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>), a solar technology, services, and installation company, today announced that the United States Bankruptcy Court for the District of Delaware has approved the going concern sale of substantially all assets of the Blue Raven, New Homes and Dealer businesses of SunPower Corporation and certain of its affiliates to Complete Solar for $45 million in cash. The sale is expected to close on or before Monday, September 30, 2024, at which time SunPower businesses, the SunPower brand, and about 1,000 employees will become part of Complete Solar, the temporary name of SunPower during this transition. &nbsp;
T.J. Rodgers, Complete Solar's CEO, commented "This is a pivotal moment in the history of SunPower, one of the most storied US solar companies. The dark cloud currently hanging over the US solar industry will not bring SunPower's demise. And when that cloud recedes – as it must, since only 3.7% of American homes have solar power in an age when solar energy has literally become cheaper than fossil fuel energy – the New SunPower will re-emerge as a lean and competitive American-owned company with a national footprint.

Legal

CSLR

Complete Solar Gets U.S. Bankruptcy Court For The District Of Delaware Approval To Acquire SunPower's Blue Raven, New Homes, And Dealer Businesses For $45M In Cash, Adding 1,000 Employees; Sale Expected To Close By September 30, 2024

TD Cowen analyst J. Derrick Wood maintains Braze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) with a Buy and lowers the price target from $52 to $45.

BRZE

TD Cowen Maintains Buy on Braze, Lowers Price Target to $45

BMO Capital analyst Michael Zaremski upgrades Ryan Specialty Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYAN#NYSE">RYAN</a>) from Market Perform to Outperform and raises the price target from $65 to $75.

Upgrades

RYAN

BMO Capital Upgrades Ryan Specialty Hldgs to Outperform, Raises Price Target to $75

<a href="https://www.youtube.com/live/prVRVeYissQ" title="https://www.youtube.com/live/prVRVeYissQ">https://www.youtube.com/live/prVRVeYissQ</a>

Macro Notification

'LIVE: SEC Chair Gary Gensler testifies before the House Financial Services Committee — 9/24/24' - CNBC

Investors with a lot of money to spend have taken a bullish stance on Vale (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VALE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 15 uncommon options trades for Vale.
This isn't normal.
The overall sentiment of these big-money traders is split between 53% bullish and 46%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $1,360,852, and 6 are calls, for a total amount of $221,472.
<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 $2.0 to $12.0 for Vale over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vale's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Vale's whale trades within a strike price range from $2.0 to $12.0 in the last 30 days. 
<h3>Vale 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727189165_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 style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>VALE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$2.6</td>
<td>$2.55</td>
<td>$2.55</td>
<td>$12.00</td>
<td>$650.5K</td>
<td style="text-align: right;">0</td>
<td>3.5K</td>
</tr>
<tr>
<td>VALE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$2.55</td>
<td>$2.51</td>
<td>$2.55</td>
<td>$12.00</td>
<td>$180.5K</td>
<td style="text-align: right;">0</td>
<td>4.5K</td>
</tr>
<tr>
<td>VALE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$2.6</td>
<td>$2.55</td>
<td>$2.55</td>
<td>$12.00</td>
<td>$153.0K</td>
<td style="text-align: right;">0</td>
<td>1.0K</td>
</tr>
<tr>
<td>VALE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$2.55</td>
<td>$2.5</td>
<td>$2.55</td>
<td>$12.00</td>
<td>$90.0K</td>
<td style="text-align: right;">0</td>
<td>47</td>
</tr>
<tr>
<td>VALE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$2.72</td>
<td>$2.55</td>
<td>$2.55</td>
<td>$12.00</td>
<td>$74.4K</td>
<td style="text-align: right;">0</td>
<td>3.8K</td>
</tr>
</tbody>
</table>

<h3>About Vale</h3>
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.
In light of the recent options history for Vale, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Vale</h3>
<ul>
<li>Trading volume stands at 16,995,102, with VALE's price up by 6.3%, positioned at $11.05.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 30 days.</li>
</ul>
<h3>Expert Opinions on Vale</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $15.25.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on Vale, which currently sits at a price target of $15. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Vale, maintaining a target price of $15. 
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 Vale with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

VALE

This Is What Whales Are Betting On Vale

Investors with a lot of money to spend have taken a bullish stance on FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with FDX, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for FedEx.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 20%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $288,150, and 7 are calls, for a total amount of $378,842.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $220.0 and $270.0 for FedEx, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for FedEx's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of FedEx's whale activity within a strike price range from $220.0 to $270.0 in the last 30 days. 
<h3>FedEx 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727189160_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>FDX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$57.65</td>
<td>$56.85</td>
<td>$56.85</td>
<td>$230.00</td>
<td>$182.0K</td>
<td>35</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$14.05</td>
<td>$12.05</td>
<td>$13.2</td>
<td>$260.00</td>
<td>$132.0K</td>
<td>1.1K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$15.5</td>
<td>$14.5</td>
<td>$15.3</td>
<td>$250.00</td>
<td>$122.4K</td>
<td>442</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$4.65</td>
<td>$3.95</td>
<td>$4.6</td>
<td>$257.50</td>
<td>$45.9K</td>
<td>151</td>
<td style="text-align: right;">121</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.0</td>
<td>$19.7</td>
<td>$19.7</td>
<td>$260.00</td>
<td>$35.4K</td>
<td>1.3K</td>
<td style="text-align: right;">83</td>
</tr>
</tbody>
</table>

<h3>About FedEx</h3>
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
In light of the recent options history for FedEx, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is FedEx Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,241,155, the FDX's price is up by 2.31%, now at $264.77. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 86 days.</li>
</ul>
<h3>Professional Analyst Ratings for FedEx</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $317.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from UBS persists with their Buy rating on FedEx, maintaining a target price of $311. 
&#x2A; Reflecting concerns, an analyst from Stephens &amp; Co. lowers its rating to Overweight with a new price target of $350. 
&#x2A; Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for FedEx, targeting a price of $328. 
&#x2A; An analyst from HSBC has revised its rating downward to Hold, adjusting the price target to $300. 
&#x2A; Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for FedEx, targeting a price of $300. 
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 FedEx with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Behind the Scenes of FedEx's Latest Options Trends

EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced a major milestone with the successful completion of the first flight of its EH216-S pilotless eVTOL in Brazil.
EHang's first trial flight in Brazil took place in Quadra, located in the São Paulo region, in partnership with its local operator, Gohobby Future Technologies ("Gohobby). This achievement holds significant importance for the future development of UAM solutions in Brazil, a country known as the birthplace of Latin American aviation, home of one of the world's leading aeronautical industries, and one of the world's largest eVTOL markets. As for now, EHang and its local partners have carried out over 50,000 safe flights in 17 countries across Asia, Europe, North America, and Latin America.

Global

EHang Holdings Achieves A Major Milestone With The Successful Completion Of The First Flight Of Its EH216-S Pilotless eVTOL In Brazil

Investors with a lot of money to spend have taken a bearish stance on Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SPOT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 17 uncommon options trades for Spotify Technology.
This isn't normal.
The overall sentiment of these big-money traders is split between 17% bullish and 70%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $436,454, and 10 are calls, for a total amount of $532,220.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $290.0 and $410.0 for Spotify Technology, spanning the last 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 Spotify Technology's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Spotify Technology's substantial trades, within a strike price spectrum from $290.0 to $410.0 over the preceding 30 days.
<h3>Spotify Technology Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727189155_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>SPOT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$14.55</td>
<td>$13.55</td>
<td>$14.55</td>
<td>$360.00</td>
<td>$132.4K</td>
<td>21</td>
<td style="text-align: right;">281</td>
</tr>
<tr>
<td>SPOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$84.5</td>
<td>$82.35</td>
<td>$83.8</td>
<td>$300.00</td>
<td>$125.7K</td>
<td>1.8K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>SPOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$66.3</td>
<td>$58.65</td>
<td>$60.92</td>
<td>$330.00</td>
<td>$121.8K</td>
<td>1.3K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>SPOT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$14.55</td>
<td>$13.55</td>
<td>$14.55</td>
<td>$360.00</td>
<td>$78.5K</td>
<td>21</td>
<td style="text-align: right;">352</td>
</tr>
<tr>
<td>SPOT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$14.55</td>
<td>$13.55</td>
<td>$14.65</td>
<td>$360.00</td>
<td>$58.3K</td>
<td>21</td>
<td style="text-align: right;">189</td>
</tr>
</tbody>
</table>

<h3>About Spotify Technology</h3>
Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify's 2023 total revenue, respectively.
In light of the recent options history for Spotify Technology, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Spotify Technology</h3>
<ul>
<li>Currently trading with a volume of 682,133, the SPOT's price is up by 0.8%, now at $371.95. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>What Analysts Are Saying About Spotify Technology</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $418.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Keybanc has decided to maintain their Overweight rating on Spotify Technology, which currently sits at a price target of $440. 
&#x2A; Consistent in their evaluation, an analyst from Pivotal Research keeps a Buy rating on Spotify Technology with a target price of $510. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Spotify Technology, maintaining a target price of $460. 
&#x2A; In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $340. 
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $340. 
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 Spotify Technology, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

SPOT

Spotify Technology's Options: A Look at What the Big Money is Thinking

BMO Capital analyst Evan David Seigerman reiterates Regeneron Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) with a Outperform and maintains $1300 price target.

REGN

BMO Capital Reiterates Outperform on Regeneron Pharmaceuticals, Maintains $1300 Price Target

Trip.com Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) shares are trading higher by 5.4% to $51.74 during Tuesday&#8217;s session after the China Central Bank announced a <a href="https://www.benzinga.com/markets/asia/24/09/41003814/chinese-stocks-jump-as-central-bank-unveils-major-stimulus-to-spur-economy-a-step-in-the-right-direc">new stimulus package</a>.
What Happened: The PBoC announced a 50-basis-point cut to the reserve requirement ratio, bringing it down to 9.5% for commercial banks, alongside a reduction in the seven-day and 14-day repo rates. These measures will pump approximately 1 trillion yuan ($140 billion) into the banking system, increasing lending capacity and making borrowing more affordable for businesses and consumers alike.
For Trip.com, these developments come as a timely boost. The company, which provides services ranging from hotel reservations and transportation ticketing to packaged tours and corporate travel management, is highly sensitive to macroeconomic trends in China. 
The aggressive monetary easing is expected to alleviate pressure on China&#8217;s economy, which has been grappling with sluggish consumer demand, a struggling property sector, and global economic headwinds. With more liquidity in the market and reduced borrowing costs, both individual and corporate spending on travel are likely to see a recovery.
Read Also: <a href="https://www.benzinga.com/general/biotech/24/09/40997408/miracle-weight-loss-drug-ozempic-to-enter-us-price-negotiations-within-a-year-novo-nordisk-ceo-sa">&#8216;Miracle&#8217; Weight Loss Drug Ozempic To Enter US Price Negotiations Within A Year, Novo Nordisk CEO Says Ahead Of Senate Hearing</a>
What Else: Additionally, the reduction in mortgage rates and other measures to support the housing market could lead to increased discretionary income for Chinese consumers. Historically, an upturn in disposable income has correlated with higher spending on leisure activities, including travel, benefitting companies like Trip.com. 
The firm stands to gain from a revitalized domestic travel market, particularly as lockdowns and strict travel restrictions have subsided.
Another factor bolstering investor confidence in Trip.com is its exposure to the international travel market. As global tourism resumes following the pandemic, Chinese consumers are expected to resume outbound travel in significant numbers, a key revenue driver for Trip.com. 
The PBoC's moves signal broader economic stability, which could ease concerns about a prolonged downturn affecting consumer confidence and travel spending.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41000581/fed-catching-up-with-50-point-rate-cut-fund-managers-expect-gains-in-emerging-marke">Fed &#8216;Catching Up&#8217; With 50-Point Rate Cut: Fund Managers Expect Gains In Emerging Markets, Small Caps</a>
<h2 class="wp-block-heading">How To Buy TCOM Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Trip.com Group&#8217;s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, TCOM has a 52-week high of $58.00 and a 52-week low of $31.55.

TCOM

Why Trip.com Group (TCOM) Stock Is Seeing Blue Skies

In a recent interview with The Independent, <a href="https://www.benzinga.com/personal-finance/24/07/39600675/bill-gates-was-the-worlds-richest-man-for-a-record-18-years-his-secret-to-success-saving-like-a-">Bill Gates</a> reflected on his wealth and a tax system that he believes could help reshape wealth inequality in America – or at least help fund some depleting programs like Social Security.&nbsp;
Gates even acknowledged that his wealth would be far less under his ideal tax system. &#8220;If I designed the tax system, I would be tens of billions of dollars poorer,&#8221; he said. He has long been an advocate of higher taxes on wealthier individuals.&nbsp;
Don't Miss:
<ul>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
<li>How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.</li>
</ul>
Gates' stance closely aligns with proposals from <a href="https://www.benzinga.com/news/24/09/40784837/bernie-sanders-says-if-youre-poor-in-america-youll-live-10-15-years-less-anybody-else-see-a-problem">Bernie Sanders</a>, who advocates for a wealth tax targeting the top 0.1% of U.S. households. <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40872333/peter-schiff-clashes-with-bernie-sanders-over-taxing-rich-calls-upon-democrats-to-c">Sanders' plan</a> would tax those with net worths exceeding $32 million and he estimates it would raise $4.35 trillion over the next decade, cutting billionaires' wealth in half over 15 years.&nbsp;
Gates mentioned that Sanders' plans are more progressive than he would design the tax system, but he still supports change that aligns closely with Sanders' proposals. He supports the general goal of expanding the safety net by increasing taxes on the ultrarich and believes that with tech innovations – like AI – it will be easier and more feasible to tackle tax plans like this.&nbsp;
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a>
According to Gates, reversing this trend requires more than just charitable donations from billionaires. It calls for systemic change, starting with how the government taxes the wealthiest citizens. Although Gates has contributed billions through the Bill &amp; Melinda Gates Foundation, he insists that philanthropy alone cannot address the country&#8217;s inequality scale. "The tax system could be more progressive without damaging significantly the incentive to do fantastic things," he said.
See Also: Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"> re-engineers traditional banking with this new high-yield account — start saving better today.</a>
While many billionaires might balk at <a href="https://www.benzinga.com/personal-finance/24/09/40856616/irs-reclaims-1-3-billion-in-back-taxes-from-wealthy-americans-is-this-just-the-beginning">losing billions to taxes</a>, Gates maintains that his life would remain comfortable even under a more progressive tax system. &#8220;My life is fantastic,&#8221; he said. &#8220;I'm the luckiest person alive in terms of the work I get to do.&#8221; Despite public criticism, including wild conspiracy theories about his involvement in vaccine development, Gates remains focused on the bigger picture: creating a future where everyone has a fair shot at prosperity.
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a>
As Gates sees it, addressing <a href="https://www.benzinga.com/personal-finance/24/06/39166498/warren-buffett-says-its-a-fact-the-poor-are-most-definitely-not-poor-because-the-rich-are-rich-b">wealth inequality</a> is not just about moral responsibility – it's about ensuring a stable and thriving society. He cautions younger generations to pay attention to growing misinformation and declining trust in government, noting that reversing these trends will be crucial to building a more equitable future.
Ultimately, Gates' willingness to support a tax system that would make him &#8220;tens of billions poorer&#8221; demonstrates his commitment to a vision of greater fairness. For those nearing or in retirement, understanding how wealth inequality and tax policies affect the broader economy is critical. Consulting a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> can help individuals navigate these changes and secure their financial future.
Read Next:
<ul>
<li>Elon Musk&#8217;s secret mansion in Austin revealed through court filings.<a href="https://www.benzinga.com/money/elon-musk-secret-mansion-austin-nada"> Here&#8217;s how to invest in the city&#8217;s growth before prices go back up.</a></li>
<li><a href="https://www.benzinga.com/money/charlie-munger-100k">Charlie Munger said if you want to be rich, &#8220;find a way to get your hands on $100,000&#8221; — here&#8217;s what he means.</a></li>
</ul>

Personal Finance

Bill Gates Says He'd Be 'Tens Of Billions Poorer' Under His Ideal Tax System – But He Still Supports It

China's Financial Regulator Says Banks Are Encouraged To Support Loan Renewals For Borrowers Facing Temporary Financial Difficulties; Medium-Sized Firms With Working Capital Loans Due By Sept 30, 2027, May Receive Renewal Support Similar To That Available For Small And Micro Firms

Cipher Mining Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) shares are moving higher. The company on Tuesday announced the closing of a <a href="https://www.benzinga.com/pressreleases/24/09/g41003371/cipher-mining-announces-the-closing-of-its-acquisition-of-barber-lake-300-mw-data-center-site">300 MW data center site</a>.
What Happened: Cipher said it completed its acquisition of the Barber Lake site in West Texas. The Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining company acquired the site for&nbsp;$67.5 million&nbsp;in cash and a variable fee of&nbsp;$3 per MWh (megawatt hour) for the initial five years after the energization of the site.
The site has 300 MW of capacity, a newly constructed high-to-mid voltage substation and all necessary regulatory approvals. Cipher also noted that it acquired 250 acres of land surrounding the substation and completed all necessary agreements to participate in the Electric Reliability Council of Texas (ERCOT) market. 
&#8220;We are delighted to close the acquisition of our new Barber Lake site, which is ideally suited for either hosting a large HPC customer or mining bitcoin. The site is immediately available with an existing high-quality substation and all the essential characteristics necessary to develop a large-scale HPC data center,&#8221; said Tyler Page, CEO of Cipher Mining.
&#8220;Large sites with these characteristics are extremely rare, and we have already received interest in the site from multiple hyperscalers. We sold a portion of our bitcoin treasury to fund the majority of this purchase and believe we have exchanged one rare and valuable asset for an even more rare and more valuable asset – an immediately available, large-scale, interconnected site with plenty of land.&#8221;
Including this acquisition and other recently announced purchases, Cipher&#8217;s portfolio is expected to grow to more than 2.5 GW across 10 sites. 
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41005694/bitcoin-is-gold-with-a-leverage-says-expert-who-sees-us-government-in-big-trouble-over-deb">Bitcoin Is &#8216;Gold With A Leverage,&#8217; Says Expert Who Sees US Government In Big Trouble Over Debt Burden</a>
CIFR Price Action: <a href="http://benzinga.com/quote/cifr" target="_blank" rel="noreferrer noopener">Cipher shares</a> were up 5.69% at $3.16 at the time of publication Tuesday, per <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: Gaston Cerliani from Shutterstock.

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

Cryptocurrency

$BTC

CIFR

Bitcoin Mining Stock Cipher Mining Is Climbing Today: What's Going On?

As most everyone knows by now, the Federal Reserve cut interest rates at their September meeting for the first time since 2020.  The size of the cut, 50 basis points (bps), which is half a percent, was a surprise, at least to <a href="http://www.lcmcapital.com">LCM Capital Management</a>.  This should have a positive impact on most things people use to finance their way of life; from mortgage rates, car loans and eventually credit card debt. However, it will have a negative impact on the interest rates savers receive, reducing what banks pay to their clients on their savings.  This is a positive for the banks if you couldn't tell.
So why would the Federal Reserve cut rates more than the 25bps the market was anticipating?
No one knows for sure, probably not even Fed Chairman Powell. &nbsp;&nbsp;We remind you of one of our firm's favorite quotes from him in July 2022, "we now understand better how little we understand about inflation." &nbsp;
According to Mr. Powell's policy statement after the rate cut decision, "this decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained." &nbsp;
We would like to remind Mr. Powell that just last month nbcnews.com wrote, "U.S. job gains over the 12 months ending in March were revised downward by 818,000 which was the largest negative revision downward since 2009 and adds to recent concerns that the economy has been slowing. The change means that roughly 2.1 million jobs were created in the U.S. in the past year, compared with about 2.9 million prior to the revision (almost 30% less than thought). The new figures do not represent job losses —&nbsp;merely new estimates of how many jobs were actually created during the period in question." &nbsp;While it is correct to say it is not job losses, it still points to labor market weakness.
Bank of America research analysts said after the report&#8217;s release, &#8220;Even after these large downward revisions, the labor market looks to have been on solid footing.&#8221;&nbsp; Don't know what planet they are living on, but a 30% downward revision doesn't exactly sound to us as having solid footing.
So maybe they cut rates because inflation is now under control? Well according to the Fed's statement, "we have greater confidence that inflation is moving sustainably toward 2% and that the central bank judges that the risks to achieving its employment and inflation goals are roughly in balance"
So, <a href="http://www.lcmcapital.com">LCM Capital Management</a> asks, does anyone think inflation is running at or near 2% or even dropping as the Fed says it is?
Inflation as most of you know, measures how prices for goods and services rise over time which reduces the purchasing power of money. It affects everything. The Consumer Price Index (CPI), is probably the most commonly known index for tracking inflation.
The CPI is weighted according to a typical household's budget meaning, housing has a bigger influence than apparel. &nbsp;It should if it's going to represent most American's month to month cost of living. &nbsp;Since we are all talking about AI these days, we thought we would ask Chat-GPT what makes up the CPI index? &nbsp;After reading each category, please ask yourself – is this costing me more or less than last year, 2 years ago or 4 years ago?
<ol>
<li>Housing (Shelter):  Housing costs, including rent, utilities, and homeowners' equivalent rent (an estimate of what homeowners would pay to rent their own homes), make up the largest portion of the CPI, typically around 30%.  However, the CPI doesn't account for interest payments on mortgages, loans, or credit cards.  Instead, it focuses on rent and the cost of owning a home so fed's rate cut doesn't mean this category is coming down.</li>
<li>Food and Beverages:  This category tracks the cost of groceries (food at home) and dining out, including both alcoholic and non-alcoholic drinks.  Been out to dinner or for drinks lately?</li>
<li>Transportation:  Transportation costs include gasoline, vehicle purchases, used car prices, maintenance, public transit fares, and airline tickets.</li>
<li>Medical Care:  This covers health insurance, prescription drugs, medical services, and medical supplies.  Anyone's premiums dropping?</li>
<li>Apparel:  Clothing, footwear, and related accessories are included here, although this category tends to be less volatile compared to others</li>
<li>Recreation:  Spending on entertainment, such as movies, hobbies, sports equipment, and recreational activities, falls under this category.  Taken the kids to a ball game lately?</li>
<li>Education and Communication:  This includes school tuition, textbooks, telephone services, and internet bills.  Do you have any kids going to college?</li>
<li>Energy:  Energy costs track the prices of electricity, natural gas, fuel oil, and gasoline.</li>
<li>Other Goods and Services:  This catch-all category includes personal care products, beauty services, and miscellaneous expenses like funeral costs.</li>
</ol>
Are any of these things costing you less? &nbsp;Didn't think so.&nbsp;
What continues to perplex us is Core CPI, a term our government and Federal Reserve like to use as their real inflation indicator. Core CPI is the CPI minus food and energy and they exclude these because they can fluctuate in cost quite unpredictably. The problem is, these are 2 essential life living requirements and without them, literally, we can't survive. So why remove them from the cost of living? &nbsp;Our guess, because it fits their narrative, whatever that might be.
Perhaps some things have reached a plateau, but as consumers, does anyone see prices falling?&nbsp; Time will tell why the Fed cut rates more than anticipated but I think we can all agree it sure doesn't seem to be because inflation and our cost of living are dropping as they want us to believe. &nbsp;Or maybe the interest payments on debt created was becoming uncomfortable.

Government

Economics

Federal Reserve

The Fed And Inflation Recalibration

China's Financial Regulator Urges Financial Institutions To Optimize Loan Services For SMEs, Adjust Loan Terms, Diversify Repayment Options, And Expand Credit Fund Coverage

XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) shares are trading higher<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener"> on Tuesday.</a>
In fact, shares of U.S.-listed Chinese companies are trading higher after <a target="_blank" href="https://www.benzinga.com//node/41004045" rel="noreferrer noopener">China Central Bank announced a new stimulus package.</a>
Xpeng has formed a dealership agreement to penetrate the Qatari market, advancing its global presence, <a target="_blank" href="https://cnevpost.com/2024/09/23/xpeng-signs-dealer-deal-enter-qatar/" rel="noreferrer noopener">reported</a> CnEV Post. The pact designates Pioneer Motors, part of Qatar&#8217;s Almana Group, as its collaborator in this initiative.
According to a <a target="_blank" href="https://www.scmp.com/business/china-business/article/3279572/chinese-ev-maker-xpeng-adds-qatar-export-list-amid-price-war-home" rel="noreferrer noopener">report</a> by the South China Morning Post, by year&#8217;s end, motorists in Qatar will have the opportunity to purchase various all-electric Xpeng models featuring autonomous driving technology, such as the P7 sedan and G6 SUV.
Also Read:<a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41004167/ready-for-the-road-ford-opens-orders-for-2025-f-series-super-duty-truck" rel="noreferrer noopener"> Ready For The Road &#8211; Ford Opens Orders For 2025 F-Series Super Duty Truck</a>
South China Morning Post added that Latin America, the Middle East, and Southeast Asia are emerging as significant markets for Chinese electric vehicle manufacturers regarding exports and production sites, citing a report published by Moody&#8217;s in late August.
These areas exhibited reduced geopolitical risks, and their electric vehicle adoption is increasing as their gross domestic product per capita rises and their climate change efforts advance, the report noted.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, XPEV stock has lost over 39% in the past year. Investors can gain exposure to the stock via&nbsp;SPDR S&amp;P Kensho Smart Mobility ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAIL#NYSE">HAIL</a>) and&nbsp;Invesco WilderHill Clean Energy ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBW#NYSE">PBW</a>).
Price Action: XPEV shares are trading higher by 7.17% to $10.25 at last check Tuesday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/40996835" target="_blank" rel="noreferrer noopener">XPeng Touches Production Milestone Of 500K EVs: Here&#8217;s How Many Electric Cars The Chinese Company Has Delivered</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Media

HAIL

LOUP

PowerShares Exchange Traded Fund Trust WilderHill Clean Energy Portfolio

XPEV

What's Going On With XPeng Shares Today?

Robert W. Baird analyst Jack Allen maintained a Buy rating on Lineage Therap (LCTX – Research Report) on May 10 and set a price target of $5.00. Ja...

Buy Rating on Lineage Therapeutics Backed by Roche Collaboration and Solid Financials

Analyst Mayank Mamtani of B.Riley Financial maintained a Buy rating on Lineage Therap (LCTX – Research Report), retaining the price target of $4.00...

Buy Rating Affirmed for Lineage Cell Therapeutics on Promising OpRegen Trials and Strategic Roche Partnership

Lineage Cell Therapeutics Q2 2024 Earnings Preview

Lineage Cell Therapeutics GAAP EPS of -$0.03 beats by $0.01, revenue of $1.4M beats by $0.61M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Lineage Cell Therapeutics (NYSEMKT:<a href="https://investorplace.com/stock-quotes/lctx-stock-quote/">LCTX</a>) just reported results for the second quarter of 2024.<ul><li>Lineage Cell Therapeutics reported earnings per share of -3 cents. This was above the analyst estimate for EPS of -4 cents.</li><li>The company reported revenue of $1.41 million.</li><li>This was 45.15% better than the analyst estimate for revenue of $970,000.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/lctx-stock-earnings-lineage-cell-therapeutics-for-q2-of-2024/">LCTX Stock Earnings: Lineage Cell Therapeutics Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

LCTX Stock Earnings: Lineage Cell Therapeutics Beats EPS, Beats Revenue for Q2 2024

There's a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Lineage Therap (LCTX – Research Report) and Ironwood...

Analysts Are Bullish on These Healthcare Stocks: Lineage Therap (LCTX), Ironwood Pharma (IRWD)

Lineage Cell Therapeutics, Inc. (LCTX) Q2 2024 Earnings Call Transcript

Maxim Group analyst Michael Okunewitch has maintained their bullish stance on LCTX stock, giving a Buy rating yesterday. Michael Okunewitch's ratin...

Lineage Cell Therapeutics: A Buy Rating Amidst Financial Stability and Promising Clinical Progress

Lineage Therap (LCTX – Research Report), the Healthcare sector company, was revisited by a Wall Street analyst on August 9. Analyst Jack Allen from...

Buy Rating Affirmed for Lineage Cell Therapeutics Amid Strategic Partnerships and Pipeline Progress

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Liquidia Technologies (LQDA – Research Report), C4 Therapeutics (...

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Lineage Cell Therapeutics

Lineage Cell Therapeutics (LCTX) Forecast

Lineage Cell Therapeutics (AMEX:LCTX) Stock, Quote.Headers.trade-ideas