ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ: QQQA)

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA), Quote.Headers.trade-ideas

Technology

Communication Services

Other

Consumer Cyclical

Industrials

Utilities

Consumer Defensive

Energy

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index. The Index, which is constructed and maintained by Dorsey, Wright & Associates, LLC (Dorsey Wright), consists of 21 securities from the Nasdaq-100 Index with the highest price momentum as determined by Dorsey Wright.

Diamondback Energy Inc.

Costco Wholesale Corp

Netflix, Inc

Amazon.com, Inc. Amzn

Kla Corp

Paccar Inc.

Meta Platforms Inc

Broadcom Inc

Copart Inc

Tesla Inc

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

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News

Price Target

Initiation

Analyst Ratings

Movers

Trading Ideas

ANSS

CLOD

QQQA

SNPS

Piper Sandler initiated coverage on Synopsys Inc (SNPS) with Overweight rating and $665 price target. Analyst notes growth &amp; margin expansion.

This Large Cap Tech Stock Has &#39;Buy&#39; Rating From Various Analysts Recently On Potential Upside - Here&#39;s Why

WIIM

Thor Industries shares are trading lower after the company reported Q4 financial results and issued worse-than-expected FY25 outlook.

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Biohaven (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHVN#NYSE">BHVN</a>) with a Buy and maintains $59 price target.

Reiteration

BHVN

HC Wainwright & Co. Reiterates Buy on Biohaven, Maintains $59 Price Target

Leerink Partners analyst Andrew Berens downgrades Regeneron Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) from Outperform to Market Perform and lowers the price target from $1175 to $1077.

Downgrades

REGN

Leerink Partners Downgrades Regeneron Pharmaceuticals to Market Perform, Lowers Price Target to $1077

Contracts

Castellum Reveals $4.1M New Contract Win With Its Protégé, Epic Systems; Castellum's Subsidiary Corvus To Have 49% Work Share On The Contract

Goldman Sachs analyst Corinne Johnson initiates coverage on Avidity Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNA#NASDAQ">RNA</a>) with a Buy rating and announces Price Target of $59.

Goldman Sachs Initiates Coverage On Avidity Biosciences with Buy Rating, Announces Price Target of $59

HC Wainwright &amp; Co. analyst Ed Arce reiterates Assembly Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASMB#NASDAQ">ASMB</a>) with a Neutral.

ASMB

HC Wainwright & Co. Reiterates Neutral on Assembly Biosciences

Evercore ISI Group analyst Stephen Richardson reinstates Crescent Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRGY#NYSE">CRGY</a>) with a Outperform and announces $17 price target.

CRGY

Evercore ISI Group Reinstates Outperform on Crescent Energy, Announces $17 Price Target

Baird analyst Eric Coldwell downgrades Catalent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTLT#NYSE">CTLT</a>) from Outperform to Neutral and maintains the price target from $63.5 to $63.5.

CTLT

Baird Downgrades Catalent to Neutral, Maintains Price Target to $63.5

Baird analyst Eric Coldwell downgrades McKesson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) from Outperform to Neutral and lowers the price target from $603 to $531.

Baird Downgrades McKesson to Neutral, Lowers Price Target to $531

Needham analyst Joshua Reilly reiterates Jamf Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAMF#NASDAQ">JAMF</a>) with a Buy and maintains $25 price target.

JAMF

Needham Reiterates Buy on Jamf Holding, Maintains $25 Price Target

Guidance

THOR Industries Expects FY25 Sales Of $9.0B-$9.8B Vs. $10.49B Est., EPS of $4.00-$5.00 Vs. $6.65 Est.

<a href="https://media.ford.com/content/fordmedia/fna/us/en/news/2024/09/24/2025-ford-f-series-super-duty.html" title="https://media.ford.com/content/fordmedia/fna/us/en/news/2024/09/24/2025-ford-f-series-super-duty.html">https://media.ford.com/content/fordmedia/fna/us/en/news/2024/09/24/2025-ford-f-series-super-duty.html</a>

Ford Announced Order Banks Are Now Open For The 2025 Ford F-Series Super Duty

Needham analyst Laura Martin reiterates Taboola.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLA#NASDAQ">TBLA</a>) with a Buy and maintains $5 price target.

TBLA

Needham Reiterates Buy on Taboola.com, Maintains $5 Price Target

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Uranium Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UEC#AMEX">UEC</a>) with a Buy and maintains $10.25 price target.

HC Wainwright & Co. Reiterates Buy on Uranium Energy, Maintains $10.25 Price Target

Offerings

GFL Environmental Plans To Participate In Offering Of $210M Of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds

Tech YouTuber Marques Brownlee, popularly known as MKBHD, <a href="https://www.benzinga.com/news/24/09/40780100/apple-intelligence-ready-iphone-16-with-faster-processor-dedicated-camera-button-announced-check-pri">has reviewed the</a> iPhone 16 and iPhone 16 Pro models launched by Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) earlier this month. He also announced the launch of his new app, Panels.
What Happened: In a video posted on Tuesday, Brownlee shared his insights on the new iPhone models and introduced his new app, Panels.
Brownlee said that he has been testing the&nbsp;iPhone 16 and iPhone 16&nbsp;Pro for about two weeks and said, &#8220;This is the most unfinished I&#8217;ve ever seen a new iPhone launch.&#8221;
Here are the highlights from his review: 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40973399/apples-former-design-maestro-jony-ive-confirms-hes-joined-forces-with-openais-sam-altman-for-a-new-a?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s Former Design Maestro Jony Ive Confirms He&#8217;s Joined Forces With OpenAI&#8217;s Sam Altman For A New AI Hardware Project</a>
Design Changes: Aesthetically, the iPhone 16 introduces new colors and slightly larger camera protrusions. The overall shape remains familiar, but it includes new buttons: an&nbsp;Action Button&nbsp;and a&nbsp;Camera Control button.
Battery Capacity: While Apple claims improved battery life, actual measurements show only a slight increase in capacity (approximately 6% larger across the board). Brownlee reports that battery performance feels similar to last year, lasting a full day under heavy use.
Charging Speed: The new lineup supports up to&nbsp;45W wired charging&nbsp;and improved MagSafe wireless charging at&nbsp;25W, which Brownlee finds beneficial despite the lack of a fast charging brick included in the box.
Processor and RAM: The iPhone 16 models are equipped with A18 and A18 Pro chips, providing significant performance improvements for demanding tasks. Notably, both the Pro and non-Pro models now feature&nbsp;8GB of RAM, likely in preparation for future AI capabilities.
Camera Control Button: This new feature allows users more control over camera settings, such as exposure compensation and zoom. Brownlee highlighted that while the default photos may still carry an &#8220;iPhoney&#8221; look—overly brightened shadows—the new button gives users control over photography settings.
Regarding Apple Intelligence, Brownlee noted that Apple is introducing a suite of AI features branded as &#8220;Apple Intelligence&#8221; with the iPhone 16. 
However, he criticized the rollout, stating that much of the marketing focuses on these AI capabilities, which were not fully available at launch. He described the phone as feeling &#8220;unfinished&#8221; due to the absence of these promised features, despite Apple heavily promoting them during their launch events
The YouTuber also announced the launch of his new app, Panels, which is now live in the app store on iOS and Android. The app is a collection of wallpapers that have been featured in his videos over the years.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: The iPhone 16&#8217;s launch has been met with mixed reactions. Despite&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40971882/as-apples-iphone-16-goes-on-sale-analyst-says-demand-off-to-strong-start-keeping-cu">analysts predicting strong demand</a> for the new model,&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40984092/apple-iphone-16-lead-time-falls-short-of-iphone-15-but-one-analyst-says-investors-s">lead times have been shorter</a>&nbsp;than the iPhone 15, raising concerns about weaker demand.
On the other hand, T-Mobile US Inc. CEO Mike Sievert has stated that the iPhone 16 is selling at a <a href="https://www.benzinga.com/markets/equities/24/09/40932937/apple-iphone-16-selling-at-a-greater-rate-than-last-year-says-t-mobile-ceo-amid-reports-of-lower">faster pace compared</a> to last year&#8217;s model.
Moreover, competition from Huawei&#8217;s new tri-fold phone&nbsp;could <a href="https://www.benzinga.com/news/24/09/40845772/huaweis-2-800-tri-fold-phone-has-the-potential-to-eat-apples-lunch-in-china-here-is-how-it-compares">pose a threat to Apple&#8217;s dominance</a> in the smartphone market.
Earlier it was reported that the iPhone 16 series&nbsp;<a href="https://www.benzinga.com/news/24/09/40785959/iphone-16-fails-to-sway-some-chinese-buyers-im-going-to-buy-huaweis-tri-fold-phone-missing-ai-featur" target="_blank" rel="noreferrer noopener">failed to impress some Chinese buyers</a>&nbsp;who cited the lack of AI features as the primary reason behind their discontent.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="iPhone 16/16 Pro Review: Times Have Changed!" width="500" height="281" src="https://www.youtube.com/embed/MRtg6A1f2Ko?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
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>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40968413/elon-musk-reacts-after-cathie-wood-labels-gavin-newsoms-threat-to-sue-tesla-ceo-over-memes-unconstit?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Cathie Wood Labels Gavin Newsom&#8217;s Threat To Sue Tesla CEO Over Memes &#8216;Unconstitutional&#8217;: &#8216;…But That Didn&#8217;t Stop Them&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Apple

Tech

AAPL

Marques Brownlee Reviews Apple's iPhone 16 And Launches New App: 'This Is The Most Unfinished I've Ever Seen A New iPhone Launch'

Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) reported quarterly earnings of $1.68 per share which beat the analyst consensus estimate of $1.43 by 17.48 percent. The company reported quarterly sales of $2.534 billion which beat the analyst consensus estimate of $2.471 billion by 2.56 percent. This is a 7.44 percent decrease over sales of $2.738 billion the same period last year.

Earnings

Earnings Beats

Thor Industries Q4 2024 GAAP EPS $1.68 Beats $1.43 Estimate, Sales $2.534B Beat $2.471B Estimate

MTAL

Metals Acquisition Plans To Seek Shareholder Approval To Change Company Name To 'MAC Copper Limited'

Needham analyst John Todaro maintains Hut 8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) with a Buy and raises the price target from $15 to $16.5.

Needham Maintains Buy on Hut 8, Raises Price Target to $16.5

Baird analyst Joe Vruwink initiates coverage on ResMed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) with a Outperform rating and announces Price Target of $280.

Baird Initiates Coverage On ResMed with Outperform Rating, Announces Price Target of $280

Nasdaq 100: Bears May Still Be Lurking Around The Corner

Buyer Beware

Markets Take Off On Another Win Streak... The 'Other' Asset Class You May Be Missing

S&P 500 Earnings: Nvidia Earnings Overshadow The July GDP And PCE Data

S&P 500, Nasdaq 100 - Caution Reigns Ahead Of Nvidia Earnings

S&P 500, Nasdaq 100 - 2nd Estimate GDP Inspires Wall Street Turnaround (Technical Analysis)

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ProShares Nasdaq-100 Dorsey Wright Momentum ETF

Overview

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA), Quote.Headers.trade-ideas