QLY Biotech Group (OTC:LQLY) Stock, Quote.Headers.trade-ideas

QLY Biotech Group Corp is a United States based company engaged in the tourism business.

QLY BIOTECH GROUP CORP by QLY Biotech Group Corp.

QLY Biotech Group Corp

The CNN Money Fear and Greed index showed a decline in overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the S&amp;P 500 ending a three-session winning streak.
Big tech shares recorded losses during the session, with Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) falling 4% and NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) down around 2%.
Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) topped earnings expectations, while Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) also surpassed bottom-line projections.
On the economic data front, U.S. retail sales rose 0.4% month-over-month in December versus a revised 0.8% increase in the previous month and down from market estimates of 0.6%. U.S. initial jobless claims increased by 14,000 from the previous week to 217,000 in the week ending January 11, compared to market estimates of 210,000.
Most sectors on the S&amp;P 500 closed on a positive note, with utilities, real estate, and industrials stocks recording gains on Thursday. However, information technology and communication services stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed lower by around 68 points to 43,153.13 on Thursday. The S&amp;P 500 fell 0.21% to 5,937.34, while the Nasdaq Composite dipped 0.89% to 19,338.29 during Thursday's session.
Investors are awaiting earnings results from Fastenal Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>), State Street Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>, )) and Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 28.4, the index remained in the &#8220;Fear&#8221; zone on Thursday, versus a prior reading of 31.1.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/25/01/43025282/wall-streets-most-accurate-analysts-views-on-3-energy-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Energy Stocks With Over 7% Dividend Yields</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

AAPL

FAST

NVDA

S&P 500 Ends Three-Session Win Streak Amid Decline In Apple, Nvidia: Greed Index Remains In 'Fear' Zone

The widely-used social media platform, TikTok, owned by China&#8217;s ByteDance, is teetering on the edge of a ban in the United States. The ban can only be averted if a last-minute deal is reached with a U.S. investor or if the Supreme Court intervenes.
What Happened: In anticipation of the ban, TikTok plans to cease operations in the U.S., although users can still download their personal data. App stores managed by Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) will remove TikTok, preventing updates and disrupting the app&#8217;s new video content. 
Additionally, Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) might stop hosting TikTok data.
Users have been exploring potential workarounds, such as using virtual private networks (VPNs) to conceal their location. According to Google Trends data, searches for &#8220;VPN for TikTok&#8221; have risen by almost 800% in the past week. 
However, TikTok has other ways to determine user locations, including accessing geolocation data from devices, according to Jason Kelley, director of activism at the Electronic Frontier Foundation, Reuters reported.
Some users have considered using a web-based version of TikTok through a browser with a VPN. However, the web version lacks many app features and may fail to deliver a personalized experience, especially if creating a new account is required. &#8220;It won&#8217;t be a good service for you, and it won&#8217;t be a profitable service for them,&#8221; Kelley said.
Experts have suggested using a VPN or changing phone settings to another country such as Canada as possible solutions, but these methods are not straightforward. Kelley pointed out that TikTok can still identify user locations. 
Joseph Lorenzo Hall of the Internet Society humorously mentioned that influencers might need two phones due to the ban.
Why It Matters: The impending TikTok ban has significant implications for its 170 million U.S. users. The Biden administration has decided not to <a href="https://www.benzinga.com/general/social-media/25/01/43047973/tiktok-ban-decision-left-to-trump-by-biden-administration-what-this-means-for-170-million-us-users-and-big-tech">enforce the ban</a>, leaving the decision to the incoming Donald Trump administration. This decision could impact the app&#8217;s future operations in the U.S. and its users.
Meanwhile,&nbsp;Jimmy Donaldson, known as MrBeast, is in discussions with several billionaires about<a href="https://www.benzinga.com/general/social-media/25/01/42994923/mrbeast-discussing-buying-tiktok-with-billionaires-to-prevent-us-shutdown-lets-see-if-we-can-pull-this-off"> potentially acquiring TikTok </a>to prevent its shutdown. This move highlights the app&#8217;s popularity and the lengths to which individuals are willing to go to keep it operational in the U.S.
Read Also: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/01/43041207/5-things-investors-need-to-know-about-scott-bessents-economic-policies-as-he-faces-senate-grilling-for-treasury-job">5 Things Investors Need To Know About Scott Bessent&#8217;s Economic Policies As He Faces Senate Grilling For Treasury Job</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Government

Social Media

Tech

General

GOOG

GOOGL

ORCL

As TikTok Faces US Ban, VPN Searches Skyrocket 800%: Will Workarounds Work? Experts Weigh In

D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) will release its first-quarter financial results, before the o<a href="https://www.benzinga.com/quote/dhi/earnings">pening bell, on Tuesday, Jan. 21, 2025</a>.
Analysts expect the Arlington, Texas-based company to report quarterly earnings at $2.38 per share, down from $2.82 per share in the year-ago period. D.R. Horton projects quarterly revenue of $7.08 billion, compared to $7.73 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Oct. 29, D.R. Horton reported worse-than-expected fourth-quarter EPS and sales results.
D.R. Horton shares gained 0.8% to close at $146.60 on Thursday&nbsp;&nbsp;&nbsp; .
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/DHI/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Barclays analyst Matthew Bouley maintained an Equal-Weight rating and cut the price target from $170 to $150 on Jan. 16, 2025. This analyst has an accuracy rate of 73%.</li>
<li>UBS analyst John Lovallo maintained a Buy rating and cut the price target from $214 to $203 on Jan. 8, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Citigroup analyst Anthony Pettinari maintained a Neutral rating and slashed the price target from $185 to $152 on Jan. 6, 2025. This analyst has an accuracy rate of 78%.</li>
<li>JP Morgan analyst Michael Rehaut downgraded the stock from Neutral to Underweight and cut the price target from $188 to $156 on Dec. 13, 2024. This analyst has an accuracy rate of 72%.</li>
<li>Raymond James analyst Buck Horne downgraded the stock from Outperform to Market Perform on Nov. 7, 2024. This analyst has an accuracy rate of 71%.</li>
</ul>
Considering buying DHI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="568" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17031522/image-113-1024x568.png" alt="" class="wp-image-738354" style="width:593px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17031522/image-113-1024x568.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17031522/image-113-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17031522/image-113-768x426.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17031522/image-113.png 1120w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/01/43025282/wall-streets-most-accurate-analysts-views-on-3-energy-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Energy Stocks With Over 7% Dividend Yields</a></li>
</ul>

Price Target

Analyst Ratings

D.R. Horton Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) said on Thursday that it is working on a &#8220;comprehensive cleaning solution&#8221; for its Cybertruck rear camera after drivers flagged the need for an automated solution.
What Happened: Tesla uses cameras on the vehicle body to gauge the surroundings and implement certain driver assistance features. The vehicle has one camera mounted on the tailgate, one on each door pillar, two on the windshield above the rearview mirror, one above each front wheel, and one above the grille on the front bumper. 
&#8220;On a more serious note, a more comprehensive cleaning solution is being worked on,&#8221; Tesla said in a post on social media platform X on Thursday in response to a driver who enquired if the company has a plan for cleaning the rear camera without driver intervention once autonomous driving is achieved. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">On a more serious note, a more comprehensive cleaning solution is being worked on
&mdash; Tesla AI (@Tesla_AI) <a href="https://twitter.com/Tesla_AI/status/1879888738035314940?ref_src=twsrc%5Etfw">January 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: To ensure a clear image from its many cameras, the lens must be clean and free of condensation, obstruction, or damage, Tesla says. Vehicle owners need to clean the rear camera lens by spraying water and drying it with a microfiber cloth. Only the front-facing camera is equipped with a <a href="https://www.benzinga.com/news/23/12/36372955/teslas-self-cleaning-front-cam-on-cybertruck-sparks-comparison-with-fords-2017-explorer">sprayer nozzle. </a>
Tesla is looking to enable autonomous driving with future versions of its full self-driving (FSD) driver assistance technology. While FSD now requires active driver supervision, the company and its billionaire CEO Elon Musk are optimistic that it will enable vehicle autonomy in due time.
Tesla utilizes multiple cameras on the vehicle body to deploy its driver assistance features. If the vision from a camera is obstructed, the vehicle will flash warnings and some of the features might be restricted, it says. 
In October, the U.S. auto safety regulator National Highway Traffic Safety Administration (NHTSA)&nbsp;opened an investigation into<a href="https://www.benzinga.com/news/24/10/41398764/nhtsa-opens-probe-into-2-4m-tesla-vehicles-after-reports-of-4-crashes-with-fsd-involved" target="_blank" rel="noreferrer noopener">&nbsp;2.4 million Tesla vehicles</a>&nbsp;following reports of four crashes where its FSD partial driving automation system was engaged.
The regulator then said that it had identified four crash reports in which a Tesla experienced a crash after entering an area of &#8220;reduced roadway visibility&#8221; with FSD engaged.&nbsp;The reduced visibility, the regulator said, was caused by sun glare, fog, or airborne dust.
In one of the crashes, the vehicle struck and killed a pedestrian, the regulator added.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/space/25/01/43023657/jeff-bezos-blue-origins-new-glenn-reaches-orbit-on-first-try-spacex-ceo-elon-musk-applauds-rivals-achievement">Jeff Bezos&#8217; Blue Origin&#8217;s New Glenn Reaches Orbit On First Try: SpaceX CEO Elon Musk Applauds Rival&#8217;s Achievement</a></li>
</ul>
Photo courtesy: Tesla

TSLA

Tesla Says It Is Working On A 'More Comprehensive Cleaning Solution' For Cybertruck Rear View Camera

A bull market has lasted for 7.9 years on average over the last <a href="https://www.benzinga.com/24/12/42430296/carson-researchs-50-year-study-suggests-that-the-26-months-old-bull-market-is-far-from-over">50 years</a>, according to data highlighted by Carson Research in their investment research's outlook for 2025.
What Happened: Carson Research&#8217;s report analyzing bull markets over the past 50 years shows that the 1987 and 2002 bull markets spanned five years each, while the 1974 bull market extended for 6.2 years.
Notably, the 2009 bull market lasted for 11 years, the longest in recent times. Additionally, the 1988 bull market held a record at 12.3 years.
On average, these five bull markets over the last 50 years were 7.9 years long.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Bull Markets Over The Last 50 Years</td>
<td>Total Duration (In Years)</td>
</tr>
<tr>
<td>August 1982-1987</td>
<td>5</td>
</tr>
<tr>
<td>October 2002-2007 </td>
<td>5</td>
</tr>
<tr>
<td>September 1974 to November 1980</td>
<td>6.2</td>
</tr>
<tr>
<td>February 2009-2020</td>
<td>11</td>
</tr>
<tr>
<td>January 1988 to March 2000</td>
<td>12.3</td>
</tr>
<tr>
<td>Average</td>
<td>7.9</td>
</tr>
</tbody>
</table>
</figure>
&#8220;Looking at the previous 11 bull markets, we found the average bull lasted more than five years, suggesting even though this bull market is mighty, it could have plenty of room left to run,&#8221; the note stated.
See Also: <a href="https://www.benzinga.com/25/01/43027048/blackrock-generates-industry-leading-etf-inflows-of-390-billion-in-2024-here-are-five-ishares-etfs-that-investors-should-look-out-for">Bond Rally Drives Stock Market, Taiwan Semi Results Show AI Demand, Manipulators Having A Heyday With Quantum Computing</a>
Why It Matters: However, despite highlighting these statistics, the note added, &#8220;Bullishness is more pervasive now and we could see more volatility in 2025.&#8221;
According to Carson Research, two red flags for the stock market arise historically, the first is that 2025 is the third year of a bull market, and the second is that the valuations are stretched.
An analysis of the eight bull markets since 1950 that reached their third year revealed an average gain of only 2.1%.
On a concluding note the &#8216;Animal Spirits&#8217; report added, &#8220;While we remain overweight equities, we are looking to potentially add excess returns by investing in factors like low volatility and momentum within equities, and actively managed strategies on the fixed income side.&#8221;
Price Action: The exchange-traded fund tracking the S&amp;P 500 index, SPY, advanced 25.27% over a year, whereas, QQQ, tracking the Nasdaq 100 rose 26% in the same period. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index/ETF</td>
<td>Six Months</td>
<td>One Year</td>
</tr>
<tr>
<td>SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)</td>
<td>6.23%</td>
<td>25.27%</td>
</tr>
<tr>
<td>Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)</td>
<td>6.50%</td>
<td>26.00%</td>
</tr>
<tr>
<td>SPDR Dow Jones Industrial Average ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)</td>
<td>4.77%</td>
<td>15.79%</td>
</tr>
<tr>
<td>iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>)</td>
<td>1.01%</td>
<td>18.48%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/01/43012824/billionaire-investor-who-predicted-the-dot-com-crash-25-years-ago-warns-of-another-market-storm-brew">Billionaire Investor Who Predicted The Dot-Com Crash 25 Years Ago Warns Of Another Market Storm Brewing In The US</a></li>
</ul>
Image generated using AI tools.

Analyst Color

Bull Markets Last For 7.9 Years On Average But Third-Year Returns Can Be Weak, Says This Research Firm

A SpaceX Starship test flight on Thursday forced dozens of commercial flights to divert after the Federal Aviation Administration warned of falling debris, highlighting growing tensions between commercial aviation and the expanding space industry.
What Happened: The incident occurred when SpaceX&#8217;s Starship spacecraft experienced what the company termed a &#8220;rapid unscheduled disassembly&#8221; <a href="https://www.benzinga.com/25/01/43046722/starship-explodes-during-flight-test-elon-musk-says-success-is-uncertain-but-entertainment-is-guaranteed">during its seventh test flight</a> from Boca Chica, Texas. The event triggered air traffic disruptions primarily affecting routes near Florida and the Caribbean.
American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) reported fewer than 10 flight diversions, while a JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) flight from Fort Lauderdale to San Juan was forced to return to its origin. FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) cargo operations also faced route adjustments, <a href="https://www.cnbc.com/2025/01/16/dozens-of-flights-diverted-delayed-after-faa-warned-of-spacex-rocket-debris-.html?ref=biztoc.com">reported</a> CNBC, citing data from FlightAware.
&#8220;We briefly slowed and diverted aircraft around the area where space vehicle debris was falling,&#8221; an FAA spokesperson said, confirming no injuries or property damage were reported.
See Also: <a href="https://www.benzinga.com/media/25/01/43048422/janet-yellens-computer-hacked-by-chinese-hackers-attackers-obtain-law-enforcement-sensitive-data-by-targeting-us-treasury-department">Janet Yellen&#8217;s Computer Hacked By Chinese Hackers, Attackers Obtain &#8216;Law Enforcement Sensitive&#8217; Data By Targeting US Treasury Department</a>
Why It Matters: The test flight, which launched at 5:37 p.m. ET, <a href="https://www.benzinga.com/25/01/43046722/starship-explodes-during-flight-test-elon-musk-says-success-is-uncertain-but-entertainment-is-guaranteed">initially showed promise</a> as the Super Heavy booster, powered by 33 Raptor engines generating 16 million pounds of thrust, successfully separated. However, telemetry froze at 8 minutes and 27 seconds into the flight.
SpaceX CEO Elon Musk maintained an optimistic stance, posting on X: &#8220;Success is uncertain, but entertainment is guaranteed!&#8221; The flight was particularly significant as it tested various heat shield improvements, including metallic tiles and active cooling systems, crucial for SpaceX&#8217;s ambitious plans for Mars missions.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Success is uncertain, but entertainment is guaranteed! &#x2728; <a href="https://t.co/nn3PiP8XwG">pic.twitter.com/nn3PiP8XwG</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1880040599761596689?ref_src=twsrc%5Etfw">January 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/25/01/43048211/qorvo-soars-7-after-hours-as-activist-investor-starboard-reportedly-takes-stake-in-semiconductor-company">Qorvo Soars 7% After Hours As Activist Investor Starboard Reportedly Takes Stake In Semiconductor Company</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

SPACE

JBLU

SpaceX Starship Mishap Diverts Dozens Of Flights As FAA Warns Of Falling Debris

ARBK

Argo Blockchain Notified Of Non-Compliance With Nasdaq's $1 Minimum Bid Price Rule

Macro Economic Events

Econ #s

Economics

U.K. Retail Sales (MoM) For December -0.3% Vs. 0.4% Est.; 0.1% (Revised) Prior

U.K. Retail Sales (YoY) For December 3.6% Vs. 4.2% Est.; 0.0% (Revised) Prior

U.K. Core Retail Sales (MoM) For December -0.6% Vs. 0.1% Est.; 0.1% (Revised) Prior

U.K. Core Retail Sales (YoY) For December 2.9% Vs. 3.6% Est.; -0.5% (Revised) Prior

The operating partnership intends to use the net proceeds from this offering to repay amounts outstanding from time to time under its lines of credit and its commercial paper program, and for other general corporate and working capital purposes, including funding potential acquisition opportunities.

Reported Earlier, Extra Space Prices $350M Add-On Offering Of 5.500% Senior Notes Due 2030

<ul>
<li>Q4 Revenue and EBITDA Negatively Impacted by Customer-Driven Project Delays</li>
<li>Tremendous Q4 Bookings at Over $210 million Establishes New Record and Highest-Ever Backlog</li>
<li>Completed Acquisition of Verantis in Late Q4 and Announces Intention to Divest Fluid Handling Business</li>
<li>2025 Full Year Outlook Affirmed</li>
</ul>

CECO

Reported Earlier, CECO Environmental Reports Preliminary 2024 Revenue of $555M–$558M ($577.326M Est.) Down From $575M-$600M And Record $210M Q4 Bookings

IPOs

HVII

Reported Earlier, Hennessy Capital Investment Corp. VII Prices $175M Initial Public Offering Of 17.5M Units At $10/Unit

"Limertinib has demonstrated significant efficacy and safety in NSCLC patients with EGFR T790M mutation and EGFR-sensitive mutations. Patients treated with limertinib showed a reduced risk of CNS progression or death. This approval brings new hope and options to patients with advanced EGFR-mutated NSCLC in China," said Professor Shi Yuankai, MD, Department of Medical Oncology at Chinese Academy of Medical Sciences and Principal Investigator of the Phase 2b and Phase 3 clinical studies.

IVBIY

Reported Earlier, Innovent And ASK Pharm Announce NMPA Approval Of Limertinib For Advanced EGFR T790M-Mutated Lung Cancer

The distribution of shares of Twin Common Stock will be made on a pro rata basis to all&nbsp;holders of FAT Brands' Class A Common Stock and Class B Common Stock as of&nbsp;the close of trading on&nbsp;January 27, 2025 (the "record date"). The distribution will take the form of a special dividend of 0.1520207 share of Twin Common Stock distributed with respect to each one share of FAT Brands Class A Common Stock and Class B Common Stock outstanding as of the record date. The shares of Twin Common Stock are expected to be delivered after the close of trading on January 29, 2025 (the&nbsp;"distribution date"), subject to the satisfaction or waiver of certain conditions, and commence trading on the Nasdaq Global Market under the symbol "TWNP" on the next trading day.&nbsp;

Reported Earlier, FAT Brands Announces January 27, 2025, Record Date For Special Stock Dividend Ahead Of Twin Hospitality Spin-Off

&nbsp;i-80 GOLD CORP announces that, in connection with its previously announced prospectus offering of common shares of the Company (the "Shares") for aggregate gross proceeds of US$10,000,000 (the "Offering"), it has set the pricing of the Shares to be offered at C$0.80 (the "Offering Price").
 &nbsp;

IAUX

Reported Earlier, i-80 Gold Sets Pricing At C$0.80/Share For $10M Prospectus Offering

EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has extended the free lifetime supercharging offer on foundation series Cybertrucks in its inventory to Jan. 31.
What Happened: Benzinga first noted the&nbsp;<a href="https://www.benzinga.com/tech/24/12/42524912/teslas-99k-foundation-series-cybertrucks-still-available-a-sign-of-possible-demand-hurdles" target="_blank" rel="noreferrer noopener">foundation series Cybertrucks in Tesla's inventory</a>&nbsp;in mid-December. Tesla has, since then, added offers&nbsp;<a href="https://www.benzinga.com/tech/24/12/42712707/tesla-offers-free-lifetime-supercharging-with-foundation-series-cybertruck-as-it-looks-to-clear-inventory" target="_blank" rel="noreferrer noopener">including free supercharging</a>&nbsp;on the vehicle if the order is placed on or after Dec. 27. The offer, it then said, will only be available for a limited time.
However, weeks later, there are still foundation-series Cybertrucks left in the inventory and the company is continuing to offer free supercharging during the period of initial ownership. 
The company now says on its website that it has extended the &#8220;limited&#8221; offer to orders placed on or after Dec. 27 and delivered by Jan. 31.
Why It Matters: The foundation series refers to a limited and pricier edition of the Cybertruck with laser-etched foundation series badges and premium accessories and a starting price of $99,990 for the base version.&nbsp;Tesla made only the foundation series Cybertrucks for the first few months of deliveries.
In October, however, Tesla started selling the <a href="https://www.benzinga.com/25/01/42891397/non-foundation-series-cheaper-cybertrucks-join-tesla-inventory">regular version of Cybertruck</a> priced about $20,000 lower than the foundation series. Demo vehicles as well as new Foundation series trucks <a href="https://www.benzinga.com/tech/25/01/42837223/teslas-foundation-series-cybertruck-inventory-still-haunts-elon-musk-led-ev-giant-despite-offers">continue to be sold</a> in its inventory. 
According to data from automotive research firm Kelley Blue Book, the Cybertruck was Tesla's third best-selling vehicle in the U.S. in 2024, after its mass-market offerings Model 3 and Model Y.
The company sold&nbsp;<a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data" target="_blank" rel="noreferrer noopener">38,965 units in the 12 months through the end of December</a>, significantly higher than the number of Tesla Model S or Model X sold in the country.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photo courtesy: Tesla

Tesla Extends Free Lifetime Supercharging Offer On Foundation Series Cybertruck Till Jan End

Chinese state-sponsored hackers have reportedly breached U.S. Treasury Secretary Janet Yellen's computer.
What Happened: The hackers also accessed the computers of deputy secretary Wally Adeyemo and acting under secretary Brad Smith, <a href="https://www.bloomberg.com/news/articles/2025-01-16/chinese-hacked-us-treasury-secretary-yellen-s-computer-in-breach?srnd=homepage-asia">reported</a> Bloomberg, citing two people familiar with the matter.&nbsp;
The breach managed to access less than 50 unclassified files from Yellen&#8217;s computer. The overall impact was far more extensive — with hackers accessing over 400 laptop and desktop machines, the report noted, citing a Treasury report reviewed by the publication.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43021026/apple-stock-has-moved-up-4-2-since-iphone-16-launched-analyst-says-it-has-another-8-upside-as-manufacturing-cost-decline-bolsters-cupertinos-margins">Apple Stock Has Moved Up 4.2% Since iPhone 16 Launched, Analyst Says It Has Another 8% Upside As Manufacturing Cost Decline Bolsters Cupertino&#8217;s Margins</a>
The intruders identified as the &#8220;Silk Typhoon&#8221; and &#8220;UNC5221,&#8221; seem to have been focused on information about sanctions, intelligence, and international affairs. However, they did not access the department&#8217;s email or classified systems.
The hackers were also able to obtain&nbsp; &#8220;law enforcement sensitive&#8221; data and information on investigations by the Committee on Foreign Investment in the U.S.
The congressional aides and lawmakers on Capitol Hill were briefed about the hack on Wednesday and Thursday.&nbsp;
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: This incident is the latest in a series of cyberattacks attributed to the Chinese government, targeting key U.S. federal departments.
Last month also it was reported that the Treasury was targeted by a Chinese <a href="https://www.benzinga.com/news/global/24/12/42734671/china-linked-hackers-breach-us-department-of-treasury">state-sponsored hacking group</a>.
In November 2024, a <a href="https://www.benzinga.com/news/24/11/42154276/us-confronts-chinese-cyber-espionage-threat-worst-telecom-hack-in-our-nations-history">major cyber-espionage campaign</a> by Chinese hackers targeted U.S. telecom providers, compromising phone calls and text messages.
Earlier in the year, the Federal Bureau of Investigation had also warned of Chinese hackers potentially <a href="https://www.benzinga.com/markets/asia/24/04/38346345/chinese-hackers-may-control-your-water-and-are-laying-in-wait-fbi-warns-3-startups-to-watch">controlling critical U.S. infrastructure</a>, including water-treatment facilities and energy grids. 
Photo via Shutterstock.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Media

Janet Yellen's Computer Hacked By Chinese Hackers, Attackers Obtain 'Law Enforcement Sensitive' Data By Targeting US Treasury Department

Activist investor Starboard Value LP has reportedly acquired a 7.7% stake worth approximately $500 million in Qorvo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) on Thursday, targeting the struggling semiconductor manufacturer for potential operational changes.
What Happened: The stake, led by Starboard CEO Jeff Smith, comes as Qorvo faces mounting challenges in the radio frequency chip market, reported the Wall Street Journal, <a href="https://www.wsj.com/finance/starboard-builds-big-stake-in-chip-maker-qorvo-7a18a71f">citing</a> sources. 
The Greensboro, N.C.-based company&#8217;s shares have declined nearly 28% over the past year amid intensifying competition from rivals like Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Skyworks Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>).
The investment represents a return to familiar territory for Starboard, which previously held a position in TriQuint Semiconductor before its 2014 merger with RF Micro Devices to form Qorvo. The activist firm has maintained a strong presence in the semiconductor sector, with past investments in NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
Qorvo&#8217;s recent performance has worried investors, with the company&#8217;s shares tumbling after missing Wall Street&#8217;s quarterly projections. CFO Grant Brown acknowledged these challenges in October, citing weaker demand for premium smartphones and announcing factory consolidation efforts to improve profitability.
Qorvo 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/markets/equities/25/01/43047812/bill-ackman-calls-hindenburg-researchs-closure-a-big-loss-praises-short-sellers-contribution-to-capital-markets">Bill Ackman Says Hindenburg Research Closing &#8216;A Big Loss,&#8217; Praises Short Seller&#8217;s Contribution To Markets: &#8216;Short Selling Is Really Hard&#8217;</a>
Why It Matters: The chip maker, currently valued at approximately $7 billion, has struggled to maintain its market position as consumers shift toward entry-level Android devices. Wall Street analysts maintain a <a href="https://www.benzinga.com/quote/QRVO/analyst-ratings">consensus price target</a> of $97.65, though recent assessments from Goldman Sachs, Mizuho, and Loop Capital suggest more modest expectations with an average target of $77.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17000713/Screenshot-2025-01-17-at-10.36.23%E2%80%AFAM-1024x376.png" alt="" class="wp-image-738146" style="width:540px;height:auto" /></figure>
Starboard&#8217;s investment in Qorvo adds to its <a href="https://www.benzinga.com/markets/equities/24/10/41419988/tylenol-listerine-maker-kenvue-under-activist-spotlight-with-starboard-value-stake-overhaul-ahea">recent string of activist positions</a>, including stakes in Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), Kenvue Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>), and Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>).
Price Action: Qorvo surged 7.08% in after-hours trading to $78.80 on Thursday. The stock closed at $73.59, down 0.77% on the regular trading session, and has fallen 27.43% over the past year, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
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Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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