Aspirasi Hidup (OTC:PHDWY) Stock, Quote.Headers.trade-ideas

PT Aspirasi Hidup Indonesia Tbk formerly PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

PT ASPIRASI HIDU U/ADR by PT Aspirasi Hidup Indonesia TBK

PT Aspirasi Hidup Indonesia Tbk

Rigetti Computing&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) has emerged as a standout in the quantum computing sector. 
What Happened: Investor&nbsp;James Foord&nbsp;claims Rigetti&nbsp;offers the highest return potential&nbsp;among quantum stocks,&nbsp;TipRanks <a href="https://www.tipranks.com/news/best-upside-in-quantum-computing-says-investor-about-rigetti-stock">reported </a>on Friday.
"Rigetti Computing offers the highest return potential among quantum stocks,"&nbsp;he said.
 Foord highlights Rigetti&#8217;s ambitious plans,&nbsp;including the development of a&nbsp;100-qubit computer by year-end, as key catalysts for potential growth. He also points to the <a href="https://www.benzinga.com/news/25/01/43001201/nvidia-announces-first-ever-quantum-day-at-gtc-2025-days-after-jensen-huang-said-quantum-computing-is-20-years-away">upcoming Quantum Day</a>, hosted by&nbsp;Nvidia&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), as a possible short-term boost for Rigetti shares.
Despite the promising outlook, Foord warns of the inherent volatility in quantum computing stocks, which often experience double-digit fluctuations. He suggests that those with a long-term perspective consider ETFs or larger companies like&nbsp;Alphabet&nbsp;or&nbsp;IBM.
On Wall Street, Rigetti&nbsp;holds a Strong Buy consensus&nbsp;with six Buy recommendations. However, the stock&#8217;s recent surge has surpassed analysts&#8217;&nbsp;projections, with a 12-month average&nbsp;price target of $6.10 indicating a potential 46% downside from current levels. Analysts may soon reassess their ratings and price targets for Rigetti.
Why It Matters: The spotlight on&nbsp;Rigetti Computing&nbsp;comes amid heightened interest in quantum computing stocks. Earlier this year,&nbsp;Jim Cramer&nbsp;of CNBC&#8217;s &#8220;Mad Money&#8221; highlighted <a href="https://www.benzinga.com/markets/equities/25/01/42993388/jim-cramer-eyes-quantum-computing-stocks-like-rigetti-after-gamestop-sell-off-warns-against-super-micro-computer-they-are-trying-so-hard-to-walk-it-up-now">Rigetti as a promising investment opportunity</a>. Cramer suggested reallocating gains from&nbsp;GameStop Corp.&nbsp;into quantum stocks, noting Rigetti&#8217;s extraordinary trading volume of 352 million shares, despite having only 280 million outstanding shares. This surge in trading activity underscores the growing investor interest in Rigetti, as well as the broader quantum computing sector.
Price Action: RGTI was down by 3.47% during pre-market hours on Friday, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>. Rigetti Computing has delivered a staggering return of over 860% in the past six months.
Read Also: 
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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

Analyst Color

Equities

News

Markets

General

NVDA

RGTI

RGTI Stock Offers 'Highest Return Potential' Among Quantum Computing Peers, Says Investor: Rigetti Computing Has Returned Over 860% In The Last Months

Shares of Versus Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VS#NASDAQ">VS</a>) rose sharply in today's pre-market trading after the company announced expansion into the Brazilian market as part of its strategy to grow its <a href="https://www.benzinga.com/quote/VS/news">international footprint</a>.
Versus Systems shares jumped 71.2% to $3.39 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>iSpecimen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPC#NASDAQ">ISPC</a>) gained 49.1% to $4.25 in pre-market trading after the company announced it secured a supplier for hMPV biospecimens.</li>
<li>Nukkleus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUKK#NASDAQ">NUKK</a>) rose 33% to $27.30 in pre-market trading after the company announced it resolved its Nasdaq delisting notice and is now achieving compliance with the listing standards.</li>
<li>Signing Day Sports, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGN#NYSE">SGN</a>) rose 19.2% to $2.55 in pre-market trading after declining 9% on Thursday.</li>
<li>uCloudlink Group Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCL#NASDAQ">UCL</a>) gained 18.7% to $1.59 in pre-market trading. uCloudlink Group announced that it recently signed a cooperation agreement with WH Smith PLC&#8217;s InMotion Entertainment Group.</li>
<li>Treasure Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) gained 15.3% to $0.2471 in pre-market trading after gaining around 7% on Thursday.</li>
<li>TXNM Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXNM#NYSE">TXNM</a>) gained 14.3% to $55.99 in pre-market trading.</li>
<li>Treace Medical Concepts, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMCI#NASDAQ">TMCI</a>) gained 14% to $9.40 in pre-market trading. On Monday, Treace announced preliminary, unaudited fourth quarter and full-year 2024 revenue.</li>
<li>LSI Industries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYTS#NASDAQ">LYTS</a>) rose 8.8% to $21.00 in pre-market trading. LSI Industries will issue fiscal 2025 second quarter results before the opening bell on Thursday, Jan. 23, 2025.</li>
<li>Orthofix Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OFIX#NASDAQ">OFIX</a>) gained 8.1% to $19.39 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Beasley Broadcast Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBGI#NASDAQ">BBGI</a>) fell 43.8% to $5.00 in pre-market trading.</li>
<li>Viavi Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIAV#NASDAQ">VIAV</a>) shares fell 19.3% to $8.10 in pre-market trading. Viavi Solutions will announce its fiscal second quarter 2025 financial results on Thursday, Jan. 30, 2025, after the close of market.</li>
<li>FOXO Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#NYSE">FOXO</a>) fell 18.4% to $0.2566 in pre-market trading after gaining 58% on Thursday.</li>
<li>Nature&#8217;s Sunshine Products, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NATR#NASDAQ">NATR</a>) shares dipped 15.9% to $12.00 in pre-market trading.</li>
<li>Elicio Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELTX#NASDAQ">ELTX</a>) shares tumbled 12.8% to $5.61 in pre-market trading.</li>
<li>G. Willi-Food International Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WILC#NASDAQ">WILC</a>) shares fell 11.5% to $14.01 in pre-market trading.</li>
<li>Bicara Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCAX#NASDAQ">BCAX</a>) fell 11.5% to $10.51 in today's pre-market trading after declining 8% on Thursday.</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) declined 10.3% to $167.00 in pre-market trading as the company reported weaker-than-expected earnings for its fourth quarter on Thursday.</li>
<li>MiMedx Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDXG#NASDAQ">MDXG</a>) dipped 6.3% to $8.50 in pre-market trading.</li>
<li>Alvotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALVO#NASDAQ">ALVO</a>) fell 5% to $12.60 in pre-market trading after the company announced the pricing of $5.0 million public offering.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/25/01/43049593/slb-jb-hunt-transport-and-3-stocks-to-watch-heading-into-friday">SLB, J.B. Hunt Transport And 3 Stocks To Watch Heading Into Friday</a></li>
</ul>

Pre-Market Outlook

Movers

Trading Ideas

ALVO

BBGI

BCAX

ELTX

FOXO

ISPC

JBHT

LYTS

MDXG

NATR

NUKK

OFIX

TMCI

TXNM

VIAV

WILC

Why Versus Systems Shares Are Trading Higher By Around 71%; Here Are 20 Stocks Moving Premarket

Stifel analyst Adam Borg downgrades Rapid7 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) from Buy to Hold and lowers the price target from $48 to $42.

Downgrades

Price Target

Analyst Ratings

Stifel Downgrades Rapid7 to Hold, Lowers Price Target to $42

Baird analyst David Rodgers upgrades Ventas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTR#NYSE">VTR</a>) from Neutral to Outperform and lowers the price target from $66 to $65.

Upgrades

Baird Upgrades Ventas to Outperform, Lowers Price Target to $65

Macro Economic Events

Econ #s

Economics

Eurozone Consumer Price Index (YoY) For December 2.4% Vs. 2.4% Est.; 2.2% Prior

On Thursday, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, <a href="https://www.benzinga.com/general/social-media/25/01/42965533/elon-musk-emerges-as-potential-tiktok-us-buyer-as-ban-deadline-looms-company-terms-it-pure-fiction">called for a ban</a> on ByteDance-owned TikTok, citing national security risks.
What Happened: Taking to X, the wealth manager did not mince words, alleging that the app is being used by the Chinese government as a tool to manipulate and undermine the U.S.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">WE MUST BAN TIKTOK. END THE CHINESE CONTROL OF OUR YOUTH.
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1879960647586480441?ref_src=twsrc%5Etfw">January 16, 2025</a></blockquote>
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In a follow-up post, Gerber highlighted the app&#8217;s role in dividing Americans and supporting terrorism. &#8220;It is a national security risk. End of story. It's used to divide us and support terrorism,&#8221; he stated.
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>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Some people out their seem to a bit _____. The Chinese government uses TikTok against America. It is a national security risk. End of story. It's used to divide us and support terrorism.
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1879968759487893881?ref_src=twsrc%5Etfw">January 16, 2025</a></blockquote>
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</figure>
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Why It Matters: The call for a TikTok ban by Gerber comes at a time when the app&#8217;s future in the U.S. is uncertain. It is expected to take effect on Sunday.
The Joe Biden administration has <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">already deferred the decision</a> on the ban to the incoming Donald Trump administration, leaving TikTok&#8217;s 170 million U.S. users in limbo.
TikTok CEO Shou Chew is reportedly <a href="https://www.benzinga.com/media/25/01/43047509/tiktok-ceo-shou-chew-to-join-trumps-inauguration-alongside-musk-bezos-and-zuckerberg-amid-looming-us-ban-report">set to attend President-elect</a> Trump's inauguration, joining other tech leaders like Elon Musk and Mark Zuckerberg.
His statement also comes amid <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">discussions of potential buyers</a> for TikTok&#8217;s U.S. operations, including Jimmy Donaldson, popularly known as MrBeast, and Tesla CEO Musk.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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<li><a href="https://www.benzinga.com/25/01/43018848/those-are-air-bubbles-the-time-steve-jobs-rejected-the-first-ipod-prototype-and-pushed-apple-engineers-to-think-smaller">Steve Jobs Dropped The First iPod Prototype In A Fish Tank And It Wasn&#8217;t To Test If It Was Waterproof</a></li>
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Social Media

Tech

Tesla Bull Ross Gerber Demands TikTok Ban Calling It A 'National Security Risk' Amid Reports That Elon Musk May Buy It

Eurozone Consumer Price Index (MoM) For December 0.4% Vs. 0.4% Est.; -0.3% Prior

Eurozone Core Consumer Price Index (YoY) For December 2.7% Vs. 2.7% Est.; 2.7% Prior

Supported by investments from the State of New York and the U.S. Department of Commerce, the first-of-its-kind center aims to enable semiconductors to be securely manufactured, processed, packaged and tested entirely onshore in the United States to meet the growing demand for GF's silicon photonics and other essential chips needed for critical end markets including AI, automotive, aerospace and defense, and communications.

GlobalFoundries Announces Plans To Create New Center For Advanced Packaging And Testing Of U.S.-made Essential Chips Within Its New York Manufacturing Facility

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk on Friday denied the involvement of the company&#8217;s Megapack energy storage product in the fire that broke out at a 750 MW Moss Landing battery storage facility on Thursday.
What Happened: &#8220;This fire has nothing to do with Tesla and our Megapacks are operating well,&#8221; Musk said in a post on social media platform X, formerly Twitter, while adding that media reports alleging otherwise are &#8220;false.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">To reiterate, the legacy news headlines are false. This fire has nothing to do with Tesla and our Megapacks are operating well. <a href="https://t.co/4gxa2AKIa8">https://t.co/4gxa2AKIa8</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1880162891283984417?ref_src=twsrc%5Etfw">January 17, 2025</a></blockquote>
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Why It Matters: The fire at the facility reportedly started at 3 p.m. The Monterey County Sheriff&#8217;s Office subsequently issued evacuation orders for areas around the facility. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Monterey County Sheriff's Office has issued Evacuation Orders for areas of Moss Landing South of the Elkhorn Slough, North of Molera Rd and Monterey Dunes Way, and West of Castroville Blvd and ElkHorn Rd. to the ocean for the following zones: MRY-B037, MRY-B047, MRY-B050,… <a href="https://t.co/lGfInaFL1v">pic.twitter.com/lGfInaFL1v</a>
&mdash; Monterey Co Sheriff (@MCoSheriff) <a href="https://twitter.com/MCoSheriff/status/1880101670665015763?ref_src=twsrc%5Etfw">January 17, 2025</a></blockquote>
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The battery facility in question is operated by Vistra Energy, an integrated retail electricity and power generation company based in&nbsp;Irving, Texas.
Pacific Gas &amp; Electric's Elkhorn battery facility located at Moss Landing, however, houses a Megapack system that caught fire in the <a href="https://www.benzinga.com/news/22/09/28943287/tesla-battery-pack-fire-at-pg-e-facility-that-closed-iconic-california-highway-brought-under-control">second half of 2022</a>. The two facilities are located nearby, likely spurring the rumors of the fire being associated with Tesla. 
Megapack is a powerful battery manufactured by Tesla.&nbsp;Each megapack unit can store over 3.9 Megawatt-hours of energy or enough to power an average of 3,600 homes for an hour.
Vistra Energy did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga</a>&#8216;s request for comment on the status of the fire. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43049428/tesla-says-it-is-working-on-a-more-comprehensive-cleaning-solution-for-cybertruck-rear-view-camera">Tesla Says It Is Working On A &#8216;More Comprehensive Cleaning Solution&#8217; For Cybertruck Rear View Camera</a></li>
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Photo courtesy: Wikimedia

TSLA

Elon Musk Denies Tesla's Involvement In Fire At Moss Landing Power Plant In Monterey County

Raymond James analyst Sam Darkatsh initiates coverage on Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) with a Market Perform rating.

Initiation

Raymond James Initiates Coverage On Watsco with Market Perform Rating

Key highlights of the partnership include:
1. Precise User Segmentation: The tagging feature enables personalized content recommendations. StardustTV utilizes EngageLab AppPush's tagging function to segment users based on dimensions such as viewing history, usage duration, and payment status. For example, users can be categorized as "new users" or "VIP paying users," allowing for customized content push tailored to different user groups. New users receive introductory recommendations and platform feature guides, while VIP paying users receive exclusive series recommendations and promotional offers that are highly relevant to their preferences.
The tagging segmentation feature has significantly improved the click-through and conversion rates of the pushed content for StardustTV, providing users with a more personalized content experience that meets their individual needs.
2. Global Coverage: Time-Zone-Based Push Notifications for Seamless Engagement
As a global application, StardustTV has users across various time zones. EngageLab AppPush supports scheduled messaging based on the user's local time zone, ensuring that each user receives push notifications at appropriate times and avoiding experience discrepancies caused by cross-time-zone communications. For instance, when StardustTV launches new shows or initiates limited-time promotions, the AppPush system sends notifications according to each user's local time, achieving seamless global coverage.
The multi-time-zone push feature significantly enhances the engagement experience for StardustTV's global users, ensuring consistent message delivery for users across different time zones. This has led to a notable increase in click-through rates compared to instances without such matching.
3. User-Centric Approach: Multilingual Push Notifications Enhance Localized User Experience
StardustTV's users come from diverse linguistic backgrounds, and the multilingual push feature of EngageLab AppPush facilitates localized messaging. The system automatically detects the device language, enabling tailored content delivery to users in Spanish, English, Thai, Korean, Japanese, Chinese, and other languages, ensuring they receive messages in their preferred language.
By leveraging multilingual push notifications, StardustTV has significantly increased its message conversion rates, particularly in non-English-speaking regions, leading to marked growth in user satisfaction and engagement.
4. Multi-Channel Assurance: Nearly 100% Delivery Rate for Seamless User Engagement
Delivery rate is crucial for global reach. EngageLab AppPush helps StardustTV achieve extensive user coverage by integrating channels such as FCM (Firebase Cloud Messaging), APNs (Apple Push Notification Service), and various manufacturer channels like Huawei, OPPO, and vivo. In cases where FCM encounters push failures, EngageLab can swiftly ensure message delivery through manufacturer channels and its own established channels, boasting a delivery rate of nearly 100% for its self-built pathways.

Aurora Mobile's EngageLab AppPush Joins Forces With StardustTV To Boost Global User Engagement And Growth

Goldman Sachs analyst Richard Law upgrades MoonLake (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) from Neutral to Buy and raises the price target from $62 to $82.

MLTX

Goldman Sachs Upgrades MoonLake to Buy, Raises Price Target to $82

Stifel analyst Jeff Stantial initiates coverage on Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) with a Buy rating and announces Price Target of $320.

FLUT

Stifel Initiates Coverage On Flutter Entertainment with Buy Rating, Announces Price Target of $320

EV startup Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) will reportedly start selling its electric delivery vans to customers besides online retailer Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) in February.
What Happened: The vehicle price starts at $83,000, Detroit Free Press <a href="https://www.freep.com/story/money/cars/mark-phelan/2025/01/16/not-just-for-amazon-any-more-rivian-adds-ev-delivery-van-customers/77701699007/">reported</a>, citing Rivian director of fleet solutions Erica Tsypin. The vehicle sold to other customers will be similar in looks and features to the vans already in use by Amazon, the report said, while adding that customers will start receiving both variants of the van this spring.
Rivian did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga</a>&#8216;s request for confirmation on the timeline. 
Amazon was the first customer of Rivian&#8217;s electric delivery vans. The online retailer is a Rivian investor and in 2019 it committed to buying 100,000 vans from the startup by 2030. 
Rivian's delivery vans come in two variants &#8211; the Delivery 500 and the Delivery 700. While Delivery 500 offers a better range and starts at $83,000, the 700 variant has more space for cargo and storage and has a higher starting price of $87,000.
Why It Matters: Under the 2019 agreement, Rivian could sell its vans only to Amazon until the fourth anniversary of the initial delivery date. However, in late 2023, Rivian announced that it revised the terms of its initial agreement with Amazon to eliminate&nbsp;<a href="https://www.benzinga.com/news/23/11/35665059/rivians-electric-vans-now-available-to-all-businesses-not-just-amazon" target="_blank" rel="noreferrer noopener">the exclusivity clause</a>, thereby enabling it to sell vans to other parties.&nbsp;
However, Rivian CEO RJ Scaringe had previously remarked that he expects a surge in demand for vehicles from non-Amazon customers only from 2025.
"We don't anticipate a significant increase in demand from non-Amazon customers until next year, around the 2025 timeframe," the CEO remarked in early 2024. Scaringe explained that large fleet operators typically undergo pilot programs before committing to large-scale orders due to the complexities of transitioning to an EV fleet. 
According to data from automotive research firm Kelley Blue Book, Rivian sold 13,560&nbsp;<a href="https://www.benzinga.com/news/24/10/41266079/amazon-to-deploy-ai-powered-package-identifying-tech-on-1000-rivian-delivery-vans-for-faster-deliver" target="_blank" rel="noreferrer noopener">electric delivery vans</a>&nbsp;in 2024, marking a growth of 68% from the corresponding period of 2023. Ford, in comparison, sold only 12,610 units of its E-Transit electric van in the period. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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</ul>
Photo courtesy: Rivian

AMZN

RIVN

Rivian's Electric Vans To Be Sold To Non-Amazon Customers From February: Report

UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCL#NASDAQ">UCL</a>), the world's first and leading mobile data traffic sharing marketplace, announced that it recently signed a cooperation agreement with WH Smith PLC's InMotion Entertainment Group ("InMotion"), the largest airport-based technology retailer in North America, to make its GlocalMe Life and GlocalMe Mobile/Fixed Broadband series of products available across InMotion's 120+ airport retail locations in North America.
GlocalMe Life series of products, which includes KeyTracker, RoamPlug, and Unicord, as well as GlocalMe Mobile/Fixed Broadband products are already available in over 30 major airports across the United States and will gradually be rolled out across InMotion's North American airport retail locations going forward.
The Company is actively negotiating with WHSmith to expand the availability of its solutions across Europe.

UCloudlink Expands Mobile Data Solutions with WHSmith Partnership, Eyeing European Rollout

Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) CEO Charles Scharf expressed optimism about President-elect Donald Trump&#8216;s return to The White House, citing expectations of business-friendly policies, during the bank&#8217;s <a href="https://www.benzinga.com/news/earnings/earnings-beats/25/01/43035156/wells-fargos-q4-results-impress-analysts-weigh-in-on-growth-expense-outlook">fourth-quarter earnings call</a> on Wednesday.
What Happened: &#8220;The U.S. economy has performed very well and remains strong,&#8221; Scharf said, noting that lower inflation and unemployment position the economy favorably for 2025. 
&#8220;We succeed when the country succeeds, so the incoming administration&#8217;s support of U.S. businesses and consumers gives us optimism as we look forward,&#8221; Scharf said.
He emphasized that a more business-friendly approach to policies and regulations under the Trump administration &#8220;should benefit the economy and our clients.&#8221;
The comments came as Wells Fargo <a href="https://www.benzinga.com/news/earnings/earnings-beats/25/01/43035156/wells-fargos-q4-results-impress-analysts-weigh-in-on-growth-expense-outlook">reported fourth-quarter earnings</a> per share of $1.43, surpassing consensus estimates of $1.36, though core earnings missed expectations when excluding one-time items. The bank notably achieved 4% sequential growth in non-interest-bearing deposits, which helped fund modest loan growth and reduce borrowings.
See Also: <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>
Why It Matters: Looking ahead, Wells Fargo projected net interest income growth of 1-3% for 2025, surprising analysts positively. The bank expects absolute growth in consumer deposits and anticipates loan growth to accelerate by mid-2025, assuming up to two Federal Reserve interest rate cuts.
Keefe, Bruyette &amp; Woods analyst David Konrad raised his price target from $81 to $86, noting the bank is &#8220;transitioning from cutting costs to revenue growth.&#8221; Goldman Sachs maintained its Buy rating while increasing its target to $83, focusing on the bank&#8217;s projected expense reduction to $54.2 billion for 2025.
The results contributed to a broader rally in banking stocks, with the Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) gaining 2.6% on Wednesday, marking the sector&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43031980/big-banks-continue-to-beat-q4-earnings-financial-etf-takes-breather">strongest single-day performance</a> since November. 
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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.

Trump Administration's Pro-Business Promises Boost 'Optimism' For Wells Fargo: Here's What CEO Charles Scharf Said

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Fastenal Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) to report quarterly earnings at 48 cents per share on revenue of $1.84 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Fastenal shares gained 0.5% to $75.15 in after-hours trading.</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) reported weaker-than-expected earnings for its fourth quarter on Thursday. J.B. Hunt Transport shares dipped 11.1% to $165.50 in the after-hours trading session.</li>
<li>Analysts are expecting State Street Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) to post quarterly earnings at $2.43 per share on revenue of $3.32 billion. The company will release earnings before the markets open. State Street shares gained 0.1% to $100.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>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. Qorvo shares climbed 7.1% to $78.84 in the after-hours trading session.</li>
<li>Analysts expect Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) to post quarterly earnings at 90 cents per share on revenue of $9.18 billion before the opening bell. SLB shares gained 0.2% to $41.18 in after-hours trading.</li>
</ul>
Check This Out: 
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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

FAST

QRVO

SLB, J.B. Hunt Transport And 3 Stocks To Watch Heading Into Friday

<h3>Companies Reporting Before The Bell</h3>
• Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $9.18 billion. 
• Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) is likely to report quarterly earnings at $0.55 per share on revenue of $1.86 billion. 
• Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $152.30 million. 
• Wipro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WIT#NYSE">WIT</a>) is likely to report quarterly earnings at $0.04 per share on revenue of $2.67 billion. 
• Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is expected to report quarterly earnings at $1.36 per share on revenue of $611.93 million. 
• Huntington Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBAN#NASDAQ">HBAN</a>) is likely to report quarterly earnings at $0.31 per share on revenue of $1.88 billion. 
• State Street (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) is estimated to report quarterly earnings at $2.29 per share on revenue of $3.26 billion. 
• Citizens Financial Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>) is estimated to report quarterly earnings at $0.83 per share on revenue of $1.96 billion. 
• Truist Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) is expected to report quarterly earnings at $0.88 per share on revenue of $5.05 billion. 
• Fastenal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $1.84 billion. 
<h3>Companies Reporting After The Bell</h3>
• BOK Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOKF#NASDAQ">BOKF</a>) is projected to report quarterly earnings at $2.00 per share on revenue of $517.46 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BOKF

HBAN

SIFY

Earnings Scheduled For January 17, 2025

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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Photo courtesy: Shutterstock

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