SDI Group (OTC:SDIIF) Stock, Quote.Headers.trade-ideas

SDI Group PLC designs and manufactures scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing, and art conservation markets through Synoptics, the Artemis, the Opus instruments, and Astles Control systems brands. The Digital Imaging segment incorporates the Synoptics brands Syngene, Synbiosis, Synoptics Health and Fistreem, the Atik brands Atik Cameras, Opus, and Quantum Scientific Imaging, and the Graticules Optics business. The Sensors & Control segment combines Sentek, Astles Control Systems, Applied Thermal Control, Thermal Exchange, MPB Industries, and Chell Instruments businesses. It operates in the UK, Europe, America, Rest of Asia, and Rest of the world segments. It derives majority of its revenues from the United Kingdom.

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SDI Group PLC

B of A Securities analyst Michael Ryskin maintains Align Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) with a Underperform and raises the price target from $200 to $206.

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ALGN

B of A Securities Maintains Underperform on Align Tech, Raises Price Target to $206

Whales with a lot of money to spend have taken a noticeably bullish stance on DraftKings.
Looking at options history for DraftKings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $283,106 and 4, calls, for a total amount of $202,619.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $39.0 and $50.0 for DraftKings, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</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 DraftKings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to DraftKings's substantial trades, within a strike price spectrum from $39.0 to $50.0 over the preceding 30 days.
<h3>DraftKings Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734104854_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.25</td>
<td>$1.0</td>
<td>$1.15</td>
<td>$40.50</td>
<td>$123.7K</td>
<td>556</td>
<td>1.6K</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.0</td>
<td>$4.9</td>
<td>$4.9</td>
<td>$42.00</td>
<td>$93.1K</td>
<td>240</td>
<td>190</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$10.05</td>
<td>$9.95</td>
<td>$9.95</td>
<td>$50.00</td>
<td>$56.7K</td>
<td>487</td>
<td>57</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.0</td>
<td>$4.8</td>
<td>$5.0</td>
<td>$50.00</td>
<td>$50.0K</td>
<td>5.2K</td>
<td>107</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.25</td>
<td>$1.13</td>
<td>$1.25</td>
<td>$41.00</td>
<td>$39.8K</td>
<td>2.6K</td>
<td>842</td>
</tr>
</tbody>
</table>

<h3>About DraftKings</h3>
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 30 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.
In light of the recent options history for DraftKings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of DraftKings</h3>
<ul>
<li>Currently trading with a volume of 2,021,612, the DKNG's price is down by -2.04%, now at $40.62. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 62 days.</li>
</ul>
<h3>What The Experts Say On DraftKings</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $53.0.
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; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for DraftKings, targeting a price of $53. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest DraftKings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

DKNG

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

Investors with a lot of money to spend have taken a bullish stance on Upstart Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>).
And retail traders should know.
We noticed this today when the positions 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 UPST, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 15 options trades for Upstart Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 46% bullish and 46%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $40,110, and 14, calls, for a total amount of $855,434.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $77.5 to $100.0 for Upstart Hldgs during the past quarter. 
<h3>Volume &amp; Open Interest Development</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 Upstart Hldgs's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Upstart Hldgs's substantial trades, within a strike price spectrum from $77.5 to $100.0 over the preceding 30 days.
<h3>Upstart Hldgs Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734104849_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</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 align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.45</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$100.00</td>
<td>$373.4K</td>
<td>11.2K</td>
<td align="right">42</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$3.95</td>
<td>$3.35</td>
<td>$3.95</td>
<td>$80.00</td>
<td>$79.5K</td>
<td>2.1K</td>
<td align="right">345</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.05</td>
<td>$6.85</td>
<td>$6.85</td>
<td>$90.00</td>
<td>$47.9K</td>
<td>5.0K</td>
<td align="right">391</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$4.75</td>
<td>$4.6</td>
<td>$4.63</td>
<td>$85.00</td>
<td>$44.4K</td>
<td>1.2K</td>
<td align="right">286</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$19.25</td>
<td>$19.1</td>
<td>$19.1</td>
<td>$85.00</td>
<td>$40.1K</td>
<td>55</td>
<td align="right">23</td>
</tr>
</tbody>
</table>

<h3>About Upstart Hldgs</h3>
Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans.
Having examined the options trading patterns of Upstart Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Upstart Hldgs Standing Right Now?</h3>
<ul>
<li>With a trading volume of 3,875,855, the price of UPST is up by 8.28%, reaching $83.46.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 60 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Upstart Hldgs</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $84.0.
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; Showing optimism, an analyst from Needham upgrades its rating to Buy with a revised price target of $100. 
&#x2A; An analyst from Redburn Atlantic upgraded its action to Buy with a price target of $95. 
&#x2A; In a cautious move, an analyst from JP Morgan downgraded its rating to Underweight, setting a price target of $57. 
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 Upstart Hldgs, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

UPST

Check Out What Whales Are Doing With UPST

Whales with a lot of money to spend have taken a noticeably bullish stance on Barrick Gold.
Looking at options history for Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $334,067 and 6, calls, for a total amount of $457,550.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $22.0 for Barrick Gold over the last 3 months. 
<h3>Volume &amp; Open Interest Development</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 Barrick Gold'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 Barrick Gold's whale activity within a strike price range from $15.0 to $22.0 in the last 30 days. 
<h3>Barrick Gold Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734104844_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.47</td>
<td>$1.45</td>
<td>$1.45</td>
<td>$20.00</td>
<td>$145.0K</td>
<td>81.3K</td>
<td>2.1K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$6.0</td>
<td>$5.95</td>
<td>$6.0</td>
<td>$22.00</td>
<td>$120.0K</td>
<td>1.0K</td>
<td>200</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.53</td>
<td>$1.45</td>
<td>$1.5</td>
<td>$20.00</td>
<td>$120.0K</td>
<td>81.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$0.37</td>
<td>$0.36</td>
<td>$0.37</td>
<td>$15.00</td>
<td>$105.0K</td>
<td>8.6K</td>
<td>2.8K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$0.4</td>
<td>$0.37</td>
<td>$0.37</td>
<td>$15.00</td>
<td>$74.0K</td>
<td>8.6K</td>
<td>5.1K</td>
</tr>
</tbody>
</table>

<h3>About Barrick Gold</h3>
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Following our analysis of the options activities associated with Barrick Gold, we pivot to a closer look at the company's own performance.
<h3>Barrick Gold's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,458,520, the price of GOLD is down by -2.42%, reaching $16.75.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 61 days from now.</li>
</ul>
<h3>Expert Opinions on Barrick Gold</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $24.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Scotiabank persists with their Sector Outperform rating on Barrick Gold, maintaining a target price of $23. 
&#x2A; Maintaining their stance, an analyst from Raymond James continues to hold a Outperform rating for Barrick Gold, targeting a price of $25. 
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 Barrick Gold with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

GOLD

Barrick Gold Unusual Options Activity

Barclays analyst Brandt Montour maintains Hilton Worldwide Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>) with a Overweight and raises the price target from $243 to $268.

Barclays Maintains Overweight on Hilton Worldwide Holdings, Raises Price Target to $268

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) investors, including Ark Invest, are benefitting as the electric vehicle stock recently hit new all-time highs and continues a<a href="https://www.benzinga.com/news/management/24/12/42444955/elon-musk-first-person-worth-400-billion-as-tesla-stock-hits-new-all-time-highs-how-2024-election-helped-could-lead-to-future-gains"> post-2024 election rally.</a>
Here's a look at Ark Invest CEO Cathie Wood's price targets on Tesla for the future and how investors could still benefit if she is right on the EV leader once again.
Following Wood Into Tesla: Wood <a href="https://www.benzinga.com/news/21/01/19082834/with-tesla-over-800-arks-catherine-wood-proves-doubters-wrong-on-huge-bullish-call-from-2018">famously called a bullish </a>price target on Tesla in 2018 that came true years later. While many were skeptical of Wood's high price target at the time, her conviction paid off and helped cement her status in the financial community.
Wood&nbsp;announced a&nbsp;$2,600 price target for Tesla in<a href="https://www.benzinga.com/etfs/specialty-etfs/24/06/39294523/cathie-wood-ark-invest-set-new-2-600-price-target-for-tesla-every-car-becomes-an-ai-powered-c"> June 2024</a>, raising the bar from a previous price target of $2,000 for the electric vehicle stock.
Ark Invest has a price target of $2,600 for Tesla by the year 2029, with a bear case price target of $2,000 and a bull case of $3,100.
With Tesla shares trading at $418.10 at close on Dec. 12, an investor could purchase 2.39 shares with a $1,000 investment
Here&#8217;s a look at how much the $1,000 could be worth in 2029 if Wood&#8217;s various price targets come true:
<ul>
<li>$2,000 Bear Case: $4,780.00, +378.0%</li>
<li>$2,600 Base Case: $6,214.00, +521.4%</li>
<li>$3,100 Bull Case: $7,409, +640.9%</li>
</ul>
Each of the price targets from Wood would gain 378% or more, representing huge returns over the next five years.
Keep in mind that the average return of the S&amp;P 500 Index is around 10.5% annually since the fund&#8217;s 1957 inception. The price target from Wood would mark a sizable outperformance to historical stock index returns.
Read Also: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/10/41662950/cathie-woods-ark-innovation-genomic-etfs-celebrate-10-years-how-annual-returns-stack-u">Cathie Wood&#8217;s Ark Innovation, Genomic ETFs Celebrate 10 Years: How Annual Returns Stack Up Against S&amp;P 500</a>
Why It&#8217;s Important:&nbsp;The new price target is based on several factors, with the majority of the price target coming from Tesla&#8217;s robotaxi ambitions.
&#8220;ARK estimates that nearly 90% of Tesla&#8217;s enterprise value and earnings will be attributed to the robotaxi business in 2029,&#8221; the new open-source model reads.
Aside from the new price targets in the thousands of dollars, Ark also lists a price target of $350 for Tesla if it eliminates the robotaxi network from the model, stressing the importance of this future catalyst.
The new price target forecast model breaks down Tesla&#8217;s 2029 revenue as being 63% from robotaxis and 26% from electric vehicles, with the rest coming from items like insurance and energy storage.
Ark Invest estimates that Tesla could have revenue of $1.2 trillion in 2029 and EBITDA of $440 billion. The prediction assumes that Tesla will sell 5.8 million electric vehicles in 2029.
&#8220;Tesla plans to unveil its dedicated robotaxi vehicle in August 2024. While Tesla could transform its current fleet into robotaxis, we believe a custom-built CyberCab reflects increased confidence that its autonomy software will allow Tesla to scale the robotaxi business.&#8221;
The new Ark Invest price target does not include any impact from the Tesla Semi, Tesla Supercharging network, FSD licensing or AI-As-A-Service. The price model includes minimal results from the Optimus bot.
&#8220;(Tesla&#8217;s) business model should transform from one-off vehicle sales to a recurring revenue base as every car becomes an AI-powered cash flow generation machine.&#8221;
Wood&#8217;s new price targets would take Tesla to a market capitalization of between $7 trillion and $10.9 trillion and the title of the world&#8217;s most valuable company.
Tesla CEO&nbsp;Elon Musk&nbsp;recently highlighted&nbsp;<a href="https://www.benzinga.com/news/24/06/39324085/elon-musk-thanks-shareholders-says-tesla-starting-a-new-book-could-hit-30-trillion-valuation-hot-d-i" target="_blank" rel="noreferrer noopener">the potential value&nbsp;</a>of the robotaxi business and Optimus bot as being the catalysts that could make Tesla the most valuable company in the world and worth north of $30 trillion.
Many laughed at Wood when she made her bullish $4,000 price prediction. Years later, the stock was north of that level on a price adjusted value. Wood continues to bet heavily on Tesla with the&nbsp;Ark Innovation ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>),&nbsp;Ark Next Generation ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>)&nbsp;and&nbsp;Ark Autonomous Technology &amp; Robotics ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>)&nbsp;<a href="https://www.ark-funds.com/">counting </a>Tesla as one of their top holdings.
Tesla is the top holding in ARKK and ARKQ at 16.0% and 17.0% of assets, respectively. In ARKW, Tesla is the second-largest holding at 11.4% of assets at the time of writing. While Wood has been <a href="https://www.benzinga.com/24/12/42476448/cathie-woods-ark-invest-dumps-another-15-3-million-tesla-shares-pivots-to-this-flying-taxi-startup">selling some Tesla stock</a> in recent weeks, the stock remains one of her largest bets for the future.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42399353/heres-how-much-100-in-bitcoin-could-be-worth-in-2030-if-cathie-woods-price-target-is-reached">Here&#8217;s How Much $100 In Bitcoin Could Be Worth In 2030 If Cathie Wood&#8217;s Price Target Is Reached</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Illustration created using Midjourney image and Ark Invest photo.

Education

Trading Ideas

ARKK

ARKQ

ARKW

TSLA

Here's How Much $1,000 Invested In Tesla Stock Today Will Be Worth If Cathie Wood's Price Prediction Comes True In 2029

Vertex Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) has outperformed the market over the past 20 years by 12.15% on an annualized basis producing an average annual return of 20.56%. Currently, Vertex Pharmaceuticals has a market capitalization of $118.76 billion. 
Buying $100 In VRTX: If an investor had bought $100 of VRTX stock 20 years ago, it would be worth $4,227.04 today based on a price of $461.17 for VRTX at the time of writing.
<h3>Vertex Pharmaceuticals's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734104714_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

VRTX

$100 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Kevin O&#8217;Leary has recently noted the increasing demand for data centers, describing them as a notable combination of real estate and technology with considerable potential.
&#8220;The demand is off the charts,&#8221; O&#8217;Leary said in a <a href="https://www.youtube.com/watch?v=sO9iUXnVtOk">video</a> about the future of AI and tech infrastructure. &#8220;If I were 25 today, I'd focus on two massive opportunities: AI implementation and data center development.&#8221;
<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">If I were 25 today, I'd focus on two massive opportunities: AI implementation and data center development. Small businesses are desperate to adopt AI but need help executing it—that's your chance to step in and solve a huge pain point. And data centers? The demand is off the… <a href="https://t.co/ZoKWydqEmP">pic.twitter.com/ZoKWydqEmP</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1865477807368745376?ref_src=twsrc%5Etfw">December 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
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<li>Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a></li>
<li>During market downturns, investors are learning that unlike equities, these<a href="https://www.benzinga.com/money/connect-invest-real-estate-notes"> high-yield real estate notes that pay 7.5% &#8211; 9% are protected by resilient assets, buffering against losses.</a></li>
</ul>
<h2 class="wp-block-heading">What Are Data Centers and Why Are They Booming?</h2>
Data centers are the backbone of today's digital world. They store and handle huge amounts of information used for things like social media and AI tools. As more people and businesses rely on cloud services, smart technology and the Internet of Things (IoT), the need for data centers has grown fast.
When it comes to real estate, people usually think about homes, offices or stores, but data centers are different and bring something new to the table. They mix the steady nature of real estate with the fast growth of technology.
See Also: This Jeff Bezos-backed startup will allow you to <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.</a>
O&#8217;Leary explains that data centers are more than just places to rent out. They also have special systems to keep things cool, constant power supplies and security to protect important information. They are key for running AI programs, which need much computer power and storage space.
&#8220;Real estate meets tech in the most lucrative way. This is where the future's heading,&#8221; O&#8217;Leary said. &#8220;Don't miss it.&#8221;
<h2 class="wp-block-heading">The Shift to Multistory Data Centers</h2>
Traditionally, data centers have been sprawling, single-story buildings in remote areas. However, the industry is going vertical with land prices soaring in prime markets and the need for more capacity. <a href="https://www.benzinga.com/markets/24/09/41080439/data-centers-are-building-upward-to-satisfy-demand-could-this-be-a-lifeline-for-commercial-real-esta">Multistory data centers</a> are now being built in urban and suburban areas, blending high-tech infrastructure with efficient land use.
&#8220;Data-center footprints are continuing to expand and if you can&#8217;t go outward, sometimes you have to go upward,&#8221; said Steven Donohoe, a senior executive at Equinix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>), a leading data center operator. These vertical designs allow data center operators to maximize their return on investment while meeting the growing demand for AI and cloud services.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
<h2 class="wp-block-heading">Opportunities for Investors</h2>
There is an endless demand for data centers. According to O&#8217;Leary, only five significant data centers are currently being built in the United States, although the market requires at least 30 to meet demand.
For investors, this gap spells opportunity. <a href="https://www.benzinga.com/money/data-center-reits">Data center real estate investment trusts</a> (REITs) like <a href="https://www.benzinga.com/quote/DLR">Digital Realty Trust</a> and <a href="https://www.benzinga.com/insights/options/24/09/40922851/a-closer-look-at-equinixs-options-market-dynamics">Equinix</a> lead the charge, offering ways to invest in this growing market. There are also private projects for building data centers that are catching the interest of people looking to start at the beginning.
<h2 class="wp-block-heading">A Lifeline for Struggling Commercial Properties?</h2>
Another potential lifeline for faltering commercial real estate could be the emergence of multistory data centers. Many suburban office buildings that aren&#8217;t being used could be converted into data centers, giving developers and landlords a new source of income. While not every office building can make the cut, the potential for repurposing these spaces adds another layer of opportunity in the real estate market.
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<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
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Real Estate

EQIX

Kevin O'Leary Says 'The Demand Is Off The Charts' For Data Centers. It's Where 'Real Estate Meets Tech In The Most Lucrative Way'

Barclays analyst Anthony Powell maintains Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Underweight and raises the price target from $123 to $129.

Barclays Maintains Underweight on Choice Hotels Intl, Raises Price Target to $129

Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) is trading higher on Friday. The company reported earnings for the 2025 fiscal-year first-quarter after the bell <a href="https://www.benzinga.com//node/42473288">on Thursday</a>.
The Details: The company reported adjusted earnings per share of $3.82, beating analyst estimates of $3.79. In addition, Costco reported sales of $62.15 billion, beating analyst estimates of $62.08 billion and representing a 7.5% year-over-year increase.
The company also reported overall comparable sales growth of 5.2%, with the U.S. at 5.2%, Canada at 5.8%, other international regions at 4.7% and e-commerce at 13.0%. These figures exclude the impacts of changes in gasoline prices and foreign exchange.
Costco highlighted that its earnings included a $100 million tax benefit, equivalent to 22 cents per diluted share, stemming from stock-based compensation. In addition, the company noted that it operates 897 warehouses across the globe, including 617 in the United States and 109 in Canada.
Analyst Changes: Following the earnings report, multiple analysts issued <a href="https://www.benzinga.com/quote/COST/analyst-ratings">price target adjustments</a>.
<ul>
<li>Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating on Costco and maintained a&nbsp;$1050&nbsp;price target.</li>
<li>Evercore ISI Group analyst Greg Melich maintained an Outperform rating on Costco and raised the price target from&nbsp;$1020&nbsp;to&nbsp;$1030.</li>
<li>Roth MKM analyst Bill Kirk maintained a Neutral rating on Costco and raised the price target from&nbsp;$755&nbsp;to&nbsp;$907.</li>
<li>BMO Capital analyst Kelly Bania maintained an Outperform rating on Costco and raised the price target from&nbsp;$1075&nbsp;to&nbsp;$1175.</li>
<li>Loop Capital analyst Laura Champine maintained a Buy rating on Costco and raised the price target from&nbsp;$1005&nbsp;to&nbsp;$1095.</li>
</ul>
See Also: <a href="https://www.benzinga.com/24/12/42485522/this-toll-brothers-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-friday">This Toll Brothers Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday</a>
COST Price Action: At the time of writing, Costco stock is trading 1.01% higher at $997.50, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Flickr/ Mike Mozart

Movers

COST

What's Going On With Costco Stock Friday?

U.S. stocks traded mixed this morning, with the Dow Jones index down around 0.1% on Friday.
Following the market opening Friday, the Dow traded down 0.09% to 43,874.75 while the NASDAQ rose 0.42% to 19,987.05. The S&amp;P 500 also rose, gaining, 0.14% to 6,059.64.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42460676/jim-cramer-amd-ceo-lisa-su-built-an-amazing-company">Jim Cramer Says This CEO &#8216;Built An Amazing Company,&#8217; Recommends Buying Netflix</a>
Leading and Lagging Sectors Information technology shares jumped by 1% on Friday.
In trading on Friday, materials shares fell by 1.1%.
Top Headline
Shares of Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) jumped around 22% on Friday after the company posted better-than-expected earnings for its fourth quarter.
The company said it sees first-quarter revenue of approximately $14.6 billion, versus the $14.612 billion estimate. The company also issued adjusted EBITDA guidance of approximately 66 percent of projected revenue for the first quarter.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>WISeKey International Holding AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKEY#NASDAQ">WKEY</a>) shares shot up 75% to $5.74. WISeKey announced WISeSat satellite launch with SpaceX on Jan. 14, 2025.</li>
<li>Shares of Loop Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOOP#NASDAQ">LOOP</a>) got a boost, surging 35% to $1.6693. Loop Industries completed convertible preferred financing with Reed Societe Generale Group.</li>
<li>TruGolf Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUG#NASDAQ">TRUG</a>) shares were also up, gaining 35% to $0.7034 after jumping around 18% on Thursday.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Repare Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPTX#NASDAQ">RPTX</a>) shares dropped 48% to $2.08 after the company reported results of Lunresertib and Camonsertib combination from MYTHIC Phase 1 gynecologic expansion clinical trial.</li>
<li>Shares of 22nd Century Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) were down 42% to $0.0425 after the company announced a 1-for-135 reverse stock split.</li>
<li>Inovio Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INO#NASDAQ">INO</a>) was down, falling 40% to $2.2701 after the company announced a public offering of 10 million shares for gross proceeds of $30 million.</li>
</ul>
Commodities In commodity news, oil traded up 0.9% to $70.65 while gold traded down 1.2% at $2,676.40.
Silver traded down 2.5% to $30.830 on Friday, while copper fell 1.2% to $4.1950.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.55%, Germany's DAX fell 0.15% and France's CAC 40 fell 0.18%. Spain's IBEX 35 Index slipped 0.14%, while London's FTSE 100 fell 0.33%.
Asia Pacific Markets
Asian markets closed mostly lower on Friday, with Japan's Nikkei 225 falling 0.95%, Hong Kong's Hang Seng Index dipping 2.09%, China's Shanghai Composite Index tumbling 2.01% and India's BSE Sensex gaining 1.04%.
Economics
<ul>
<li>U.S. import prices increased by 0.1% from the previous month in November.</li>
<li>U.S. export prices came in unchanged for November compared to a 1% gain in the previous month.</li>
</ul>
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<li><a href="https://www.benzinga.com/24/12/42483544/how-to-earn-500-a-month-from-meta-stock">How To Earn $500 A Month From Meta Stock</a></li>
</ul>

Equities

Eurozone

Commodities

Intraday Update

AVGO

LOOP

RPTX

TRUG

WKEY

XXII

US Stocks Mixed; Broadcom Shares Surge On Upbeat Earnings

Inovio Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INO#NASDAQ">INO</a>) shares are trading lower by 40% to $2.23 during Friday&#8217;s session after the company <a href="https://www.benzinga.com/pressreleases/24/12/n42481116/inovio-announces-pricing-of-30-million-public-offering">priced a public offering</a> of 10 million shares of common stock and accompanying warrants.
The shares are priced at $3.00 each, with warrants exercisable at $3.76 per share, potentially raising $30 million in gross proceeds before expenses and commissions.
The offering, managed by Oppenheimer &amp; Co., Citizens JMP and Stephens Inc., is set to close on December 16, pending customary conditions.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42483141/hershey-merger-talks-fail">Hershey Merger Talks Melt: Did High Cocoa Prices, Mondelez Buyback Program Hurt Deal?</a>
<h2 class="wp-block-heading">Should I Sell My INO Stock?</h2>
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
Shares of Inovio Pharmaceuticals have decreased by 51.14% in the past year. An investor who bought shares of Inovio Pharmaceuticals at the beginning of the year would take a loss of $4.49 per share if they sold it today. The stock has fallen 52.2% over the past month, meaning an investor who bought shares on Nov. 1 would see a capital loss of $3.24.
For access to advanced charting and analysis tools and stock data, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a> 
INO has a 52-week high of $14.75 and a 52-week low of $2.20.

Why Inovio Pharmaceuticals (INO) Stock Is Down 40%

Progressive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) saw a positive trading day on Friday, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42483175/progressive-reports-november-2024-results" rel="noreferrer noopener">buoyed by strong November performance.</a>
The company reported an earnings per share of $1.71, a significant increase from $1.15 in the same month last year. Net premiums written for the month totaled $5.563 billion, marking an 18% year-over-year increase.
Additionally, net premiums earned rose 19% to $6.04 billion, while net income jumped by 48%, highlighting Progressive&#8217;s strong financial growth.
Also Read: <a target="_blank" href="https://benzinga.com/analyst-ratings/analyst-color/24/12/42483141/hershey-merger-talks-fail" rel="noreferrer noopener">Hershey Merger Talks Melt: Did High Cocoa Prices, Mondelez Buyback Program Hurt Deal?</a>
In addition to solid financial results, Progressive last month announced the launch of its new safety feature, Accident Response, aimed at <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n42068205/progressive-insurance-introduces-accident-response-to-customers-nationwide" rel="noreferrer noopener">enhancing customer peace of mind.</a>
This feature, which is available nationwide, is particularly relevant as the winter season approaches, bringing with it an increased risk of accidents due to icy and snowy conditions.
According to the Federal Highway Administration, nearly 70% of U.S. roads are in areas prone to snowy conditions, contributing to over 116,000 annual vehicle crashes on slippery roads.
Accident Response uses phone sensors to detect significant accidents and promptly notifies the driver. If a crash is detected, Progressive reaches out to offer assistance, and if the driver is unresponsive, emergency services are dispatched. Additionally, the app allows customers to quickly request emergency services or a tow, with Progressive automatically submitting a claim on their behalf.
Price Action: PGR shares are trading higher by 3.96% to $252.37 at last check Friday.
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</ul>

Earnings

General

Progressive's November Surge: EPS Soars 49% As Premiums Hit $6 Billion

Morgan Stanley analyst David Arcaro maintains Idacorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDA#NYSE">IDA</a>) with a Equal-Weight and raises the price target from $110 to $121.

Morgan Stanley Maintains Equal-Weight on Idacorp, Raises Price Target to $121

Candel Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CADL#NASDAQ">CADL</a>) shares are moving lower on Friday after the company priced its $80 million underwritten public offering of shares and <a href="https://www.benzinga.com//node/42479777">pre-funded warrants</a>.
The Details: The offering is priced at $6.00 per share for approximately 10 million shares. The company has also provided the underwriters with a 30-day option to buy up to 2 million additional common shares at the public offering price, minus the underwriting discount.
Candel expects to raise around $80 million in gross proceeds, excluding offering expenses. The company plans to use the funds to advance its product candidates, including preparing a Biologics License Application submission for CAN-2409 in prostate cancer, and for general corporate purposes.
The offering is expected to close on or around Dec. 16.
What Else: Earlier this <a href="https://www.benzinga.com//node/42465615">week</a>, the company announced that CAN-2409 achieved its primary endpoint in a Phase 3 trial. The treatment demonstrated a statistically significant improvement in disease-free survival for patients receiving CAN-2409 plus the prodrug (valacyclovir) alongside the standard of care, compared to standard of care alone.
&#8220;We have not seen significant advances in this indication in decades. CAN-2409 has demonstrated the potential to significantly improve long-term outcomes without adding substantial toxicity to standard of care radiation,&#8221; said Glen Gejerman, Co-Director of Urologic Oncology at Hackensack Meridian Health, and one of the principal investigators of the study. 
&#8220;If approved, this approach has the potential to transform the treatment paradigm in prostate cancer, offering patients with localized disease an effective treatment option that may reduce the risk of disease recurrence.&#8221;
Related Link: <a href="https://www.benzinga.com/startups/24/12/42484881/musk-and-ramaswamy-may-target-this-surprising-government-role-that-pays-more-than-youd-think">Musk and Ramaswamy May Target This Surprising Government Role That Pays More Than You&#8217;d Think</a>
CADL Price Action: At the time of publication, Candel stock is trading 36.0% lower at $6.27, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Michal Jarmoluk from Pixabay

CADL

What's Going On With Candel Therapeutics Shares Friday?

Morgan Stanley analyst Stephen Byrd maintains Ameren (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEE#NYSE">AEE</a>) with a Equal-Weight and raises the price target from $86 to $94.

Morgan Stanley Maintains Equal-Weight on Ameren, Raises Price Target to $94

In the current market session, Simon Property Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) share price is at $178.25, after a 0.59% increase. Moreover, over the past month, the stock fell by 1.12%, but in the past year, increased by 24.11%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1734103823_0.png" alt="Past Year Chart" />

<h3>Evaluating Simon Property Group P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 74.05 in the Retail REITs industry, Simon Property Group Inc. has a lower P/E ratio of 23.56. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1734103823_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

P/E Ratio Insights for Simon Property Group

Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) has outperformed the market over the past 5 years by 17.56% on an annualized basis producing an average annual return of 31.19%. Currently, Manhattan Associates has a market capitalization of $19.03 billion. 
Buying $100 In MANH: If an investor had bought $100 of MANH stock 5 years ago, it would be worth $388.97 today based on a price of $311.51 for MANH at the time of writing.
<h3>Manhattan Associates's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734103817_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MANH

$100 Invested In Manhattan Associates 5 Years Ago Would Be Worth This Much Today

IPOs

NTCL

NETCLASS TECHNOLOGY Prices $9M Initial Public Offering Of 1.8< Shares At $5.00/Share

Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) shares are trading lower by 7.2% to $60.64 this week. Bernstein analysts viewed General Motors Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) winding down of Cruise as a <a href="https://www.benzinga.com/24/12/42447067/uber-and-lyft-are-falling-wednesday-whats-going-on">negative for the company</a> and the viability of autonomous vehicle (AV) technology.
The decision has cast a shadow over Uber&#8217;s AV ambitions and its partnership with Cruise, heightening investor concerns.
What To Know: Uber, a global leader in ride-hailing and food delivery services, has long invested in AV technology to reduce costs and improve efficiency in its rideshare operations. However, GM&#8217;s move to shift Cruise&#8217;s resources to personal vehicle systems like Super Cruise suggests major hurdles in scaling robotaxi networks.
Read Also: <a href="https://www.benzinga.com/24/12/42484676/nvidia-amd-taiwan-semi-and-other-chip-stocks-gain-as-broadcoms-q4-sparks-sector-wide-surge">Nvidia, AMD, Taiwan Semi Gain As Broadcom&#8217;s Q4 Performance Sparks Sector-Wide Surge</a>
Bernstein analysts highlighted these challenges, noting that operating and maintaining robotaxi fleets is capital-intensive and fraught with operational complexity.
Daniel Roeska of Bernstein emphasized that GM&#8217;s decision disrupts the AV ecosystem and potentially forces Uber to shoulder the financial burden of <a href="https://www.benzinga.com/topic/autonomous-vehicles">AV development independently</a>—an unsustainable prospect given the substantial costs involved. This scenario creates uncertainty for Uber's strategy in a field now dominated by deep-pocketed competitors like Waymo and Tesla.
Nikhil Devnani added that GM&#8217;s exit underscores doubts about the scalability and economic feasibility of robotaxi businesses, further dampening optimism around Uber&#8217;s AV initiatives. Without Cruise, Uber faces limited options in the consolidating AV market.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42483141/hershey-merger-talks-fail">Hershey Merger Talks Melt: Did High Cocoa Prices, Mondelez Buyback Program Hurt Deal?</a>
<h2 class="wp-block-heading">How To Buy UBER 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 Uber Technologies&#8217; case, it is in the Industrials 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>, UBER has a 52-week high of $87.00 and a 52-week low of

UBER

What's Going On With Uber Stock?

SDI Group plc 2024 Q4 - Results - Earnings Call Presentation

SDI Group plc reports FY results

SDI Group (GB:SDI) has released an update. SDI Group plc, a company focused on products for lab equipment and industrial & scientific markets, has ...

SDI Group Announces Annual Report and AGM Date

SDI Group (GB:SDI) has released an update. SDI Group plc, a company specializing in laboratory and industrial equipment and sensors, announced that...

SDI Group Announces Successful AGM Resolutions

SDI Group (GB:SDI) has released an update. Ken Ford, the Non-Executive Chair of SDI Group PLC, a company known for its lab equipment and industrial...

SDI Group Chair Ups Stake with New Share Purchase

SDI Group (GB:SDI) has released an update. SDI Group PLC, an AIM-quoted company specializing in lab equipment and industrial products, has announce...

SDI Group Announces Executive Share Options

SDI Group (GB:SDI) has released an update. SDI Group PLC has reported a significant change in its shareholder structure, with Shareholder Value Bet...

SDI Group Announces Major Shareholder Update

SDI Group (GB:SDI) has released an update. Danske Bank A/S has adjusted its stake in SDI Group PLC, crossing a notable threshold on October 11, 202...

Danske Bank Alters Stake in SDI Group

SDI Group (GB:SDI) has released an update. SDI Group has acquired InspecVision Ltd for £6.1 million, marking a strategic entry into the high-value ...

SDI Group Acquires InspecVision for Strategic Expansion

SDI Group (GB:SDI) has released an update. SDI Group reported a strategic shift and acquisition of InspecVision Limited, while maintaining robust c...

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