Latest news for SHF Hldgs (NASDAQ:SHFSW) Stock

SHF Holdings Inc is a financial services provider to cannabis-related businesses. It offers reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. The group, through its financial institution clients, implements accountability, transparency, monitoring, reporting, and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Its services include Program Management Support, Customer Generation, Ongoing Program Auditing, and Compliance Monitoring among others.

SHF Holdings Inc

WIIM

AIFF

Firefly Neuroscience shares are trading higher after the company partners with Zeto to integrate and distribute BNA technology with its EEG device platform.

Benchmark analyst John Lawrence reiterates Casey's General Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) with a Buy and maintains $410 price target.

News

Price Target

Reiteration

Analyst Ratings

CASY

Benchmark Reiterates Buy on Casey's General Stores, Maintains $410 Price Target

&nbsp;<a href="https://www.globenewswire.com/Tracker?data=xrSXx4id86MUtDWW1VENmUo84twq9qW5joyBCX8qoluId4jnw5GYIdvu0F6zVg54X63Mh6X6WPvevuvA1Rpiog==">Genasys</a> Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>), the global leader in <a href="https://www.globenewswire.com/Tracker?data=sthzJq9QvgxZBNkkXwNBzv8XcbLGBjNyzLXFqP2wh8DDSA_aj063qsKCFZMbYyNuzrPxi-CulPo4kA985knnSdEKyHZqJW2xHEqgAtxXw3pbxl2dV92kugUCJtPmrO5I">Protective Communications</a>, today announced a multi-year contract with the State of Oregon's Office of Resilience and Emergency Management (OREM) for <a href="https://www.globenewswire.com/Tracker?data=xrSXx4id86MUtDWW1VENmZCsHaKpUilr9IJ9L-UBSnHBN51Nw7Eb4uopoa00wnTCcoVaxwufv8QkTMvhPv0usYojTQ_TwgFWfBaojy22zuo=">Genasys EVAC</a> (EVAC) emergency response planning and evacuation management software. The new contract provides EVAC advanced evacuation software to all of Oregon's 36 counties and nine Tribes to manage emergency evacuations more effectively across the state. &nbsp;
As Oregon deals with more frequent and severe disasters, EVAC software empowers emergency services to quickly create and update evacuation plans, run realistic simulations, and respond faster during an emergency.

Contracts

GNSS

Genasys Selected By Oregon For Multi-Year Contract To Power Emergency Response Planning And Evacuation Management

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) spot ETFs recorded a total net inflow of $28.72 million on Sep. 9, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) spot ETFs continued their <a href="https://feeds2.benzinga.com/markets/cryptocurrency/24/08/40650212/bitcoin-dips-below-60-000-as-spot-etfs-see-71-7m-outflow">streak of outflows</a>.
What Happened: The <a href="https://www.benzinga.com/money/best-spot-bitcoin-etfs">Bitcoin ETF market</a> saw mixed performance among its top players. 
While Grayscale&#8216;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#OTC">GBTC</a>) experienced an outflow of $22.76 million, Fidelity&#8216;s (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>) countered with a substantial inflow of $28.59 million, contributing to the overall positive flow for Bitcoin funds.
Analysts warn the largest digital currency remains firmly in bear market territory till it trades below the critical 21-week moving average of $61,100.
On the Ethereum front, the situation appears less optimistic. 
<a href="https://www.benzinga.com/money/what-is-ethereum-etf">Ethereum spot ETFs</a> marked their fifth consecutive day of net outflows, with a total of $5.20 million leaving these funds on Monday.
Grayscale&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETHE#NYSE">ETHE</a>) led the exodus with $22.64 million in outflows, although this was partially offset by inflows to other Ethereum ETFs, including $7.97 million into the Grayscale Ethereum Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETH#NYSE">ETH</a>).
The total daily trading volume for the nine <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39140469/ethereum-etf-what-to-expect-for-the-price-of-eth">Ethereum ETFs</a> decreased to $124.51 million on Monday, down from $210.43 million the previous Friday.
The cumulative net flows for these funds remain in negative territory, with $573.49 million in net outflows to date.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40777026/ether-fi-launches-blockchain-credit-card-offering-3-cash-back-and-crypto-collateral-throug" target="_blank" rel="noreferrer noopener">Ether.fi Launches Blockchain Credit Card Offering 3% Cash-Back And Crypto Collateral Through Scroll Partnership</a>
Why It Matters: QCP Capital noted that the cryptocurrency market is currently dominated by macro uncertainty, with the 30-day correlation to the MSCI World Equity Index reaching a near two-year high of 0.6.
&#8220;The options market is pricing in a potential movement of more than 3.3% from the current Bitcoin spot price of $56,800 by tomorrow&#8217;s expiry, following the presidential debate,&#8221; QCP Capital stated. &#8220;While Bitcoin is often seen as the &#8216;<a href="https://www.benzinga.com/personal-finance/24/08/40166357/how-wall-streets-trump-trade-could-drastically-change-your-retirement-plans-in-2025">Trump trade</a>&#8216; due to his vocal support for crypto, we&#8217;re watching closely for any surprising positive crypto mentions from Kamala Harris during her campaign.&#8221;
According to a 10x Research report, positive sentiments around Bitcoin could push it back above $60,000, citing three technical reversal indicators recovering from oversold levels. 
However, they caution that Bitcoin remains in bear market territory as long as it stays below the critical 21-week moving average of $61,100.
&#8220;The upcoming Harris-Trump debate and the anticipated lower CPI data announcement on Wednesday are serving as significant catalysts for potential upward momentum this week,&#8221; 10x Research stated.
As these market dynamics unfold, industry participants are looking forward to Benzinga&#8217;s <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19, where experts will likely dissect these trends and provide insights into the future of cryptocurrency investments and the evolving ETF landscape.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40776328/microstrategys-bitcoin-strategy-has-outperformed-every-s-p-500-company-and-even-nvidia-sin" target="_blank" rel="noreferrer noopener">MicroStrategy's Bitcoin Strategy Has Outperformed Every S&amp;P 500 Company And Even Nvidia Since 2020, Says Michael Saylor</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

$ETH

ETHE

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

GBTC

Bitcoin Back To $57K, But Monday's ETF Inflows Don't Drag It Out Of Bearish Territory, Analysts Say

Sunrise New Energy Co., Ltd - Ordinary Shares

EPOW

Sunrise Regains Nasdaq Compliance

Forty-four ablations performed successfully in one patient &nbsp;
Patient currently reportedly seizure free with improvements in mood and memory
EDEN PRAIRIE, Minn., Sept. 10, 2024 (GLOBE NEWSWIRE) -- NeuroOne Medical Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMTC#NASDAQ">NMTC</a>) ("NeuroOne" or the "Company"), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced that the OneRF Ablation System was recently used in a breakthrough patient procedure at the University Hospitals in Cleveland to successfully complete forty four ablations in one patient.
In mid-July, led by Dr. Michael Staudt, Neurosurgeon, a patient benefitted from forty-four ablations through six different implanted OneRF electrodes over a two-day period. These ablations were performed based on guidance provided by the sEEG recordings that confirmed the focal epileptic zone in the patient. The ablation sessions were performed at the patient's bedside and were well-tolerated by the patient. Immediate and short-term clinical evaluation suggests a positive outcome of the ablation procedure. At two months follow-up, the patient is seizure-free with self-reported improvements in mood and memory. Long term outcomes will be evaluated over time.

Biotech

General

NMTC

NeuroOne Announces Breakthrough Case Completed With OneRF Ablation System At The University Hospitals In Cleveland

LFVN

LifeVantage shares are trading higher after the company announced in vitro study results showing synergistic effects of new two-product system on GLP-1 production

ImSym - Imaging System Simulator Offers Accuracy, Accelerated Time-to-Market, and Enhanced Team Collaboration

SNPS

Synopsys Launches ImSym

Under Armour, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) shares are trading lower premarket Tuesday. The company disclosed an update to its FY25 restructuring plan, introducing new initiatives to enhance its strategic supply chain <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n40782680/under-armour-announces-update-to-its-restructuring-plan-and-fiscal-2025-outlook" rel="noreferrer noopener">capabilities and overall business performance</a>.
After further evaluation, the company identified around $70 million in charges, mainly due to the decision to exit its primary distribution facility in Rialto, California, by March 2026.
Under Armour now expects pre-tax restructuring charges of $140 million to $160 million for FY25 and FY26.
This includes up to $75 million in cash charges—$30 million for employee severance and benefits and $45 million for transformational initiatives—and up to $85 million in non-cash charges—$7 million for employee severance and benefits and $78 million for facility, software, and asset impairments.
In May 2024, Under Armour announced a restructuring plan estimated at <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40252349/under-armour-beats-q1-estimates-despite-sales-dip-shows-restructuring-progress" rel="noreferrer noopener">$70 million&nbsp;– $90 million for its FY25 plan</a>.
Through June 30, 2024, the company had incurred about $34 million in restructuring and related charges, comprising $19 million in cash and $15 million in non-cash. The company expects to incur approximately two-thirds of the revised total charges by the end of FY25.
Outlook: The company continues to expect adjusted operating income of $140 million-$160 million and adjusted EPS of <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$0.19 to $0.22 (vs. consensus of $0.24)</a>.
Under Armour Chief Financial Officer&nbsp;David Bergman said, &#8220;As we work to reconstitute our brand and increase our financial productivity over the long term – optimizing our supply-chain network will make&nbsp;us a more efficient, uncomplicated, and agile company.&#8221;
However, the company updated the expectations for operating loss&nbsp;to be&nbsp;$220&nbsp;million to&nbsp;$240 million&nbsp;versus the previous expectation of&nbsp;$194&nbsp;million to&nbsp;$214 million, and loss per share&nbsp;to be&nbsp;$0.58&nbsp;to&nbsp;$ 0.61&nbsp;versus the prior expectation of&nbsp;$0.53&nbsp;to&nbsp;$0.56.
In August, the company reported a first-quarter sales decline of 10.1% year-over-year to $1.183 billion,&nbsp;beating the analyst consensus estimate of $1.140 billion and adjusted EPS of $0.01,&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">above the $0.08 consensus loss</a>.
Price Action: UA shares are down 2.37% at $7.01 premarket at the last check Tuesday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/40786979" target="_blank" rel="noreferrer noopener">Palantir And Dell Are Set To Join S&amp;P 500 Index: Here&#8217;s What Their CEOs Peter Thiel And Michael Dell Have Said About Bitcoin</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Guidance

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Why Is Under Armour Stock Sliding Today?

Datadog provides visibility into Oracle Cloud Infrastructure, on-premises and other cloud environments
NEW YORK, Sept. 10, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4250238-1&amp;h=4110906868&amp;u=https%3A%2F%2Fwww.datadoghq.com%2F&amp;a=Datadog">Datadog</a>, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>),&nbsp;the monitoring and security platform for cloud applications and a member of Oracle PartnerNetwork, today announced the general availability of <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4250238-1&amp;h=194888341&amp;u=https%3A%2F%2Fwww.datadoghq.com%2Fblog%2Fmonitor-oci-with-datadog%2F&amp;a=Datadog+Monitoring+for+Oracle+Cloud+Infrastructure+(OCI)">Datadog Monitoring for Oracle Cloud Infrastructure (OCI)</a>, which enables Oracle customers to monitor enterprise cloud-native and traditional workloads on OCI with telemetry in context across their infrastructure, applications and services. With this launch, Datadog helps customers migrate with confidence from on-premises to cloud environments, execute multi-cloud strategies and monitor AI/ML inference workloads.

DDOG

ORCL

Datadog Announces The General Availability Of Datadog Monitoring For Oracle Cloud Infrastructure

Addition of KVM capabilities delivers flexibility and optionality for OT and IT teams to run concurrent workloads with maximum computing reliability
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.stratus.com%2F&amp;esheet=54119709&amp;newsitemid=20240910591220&amp;lan=en-US&amp;anchor=Stratus+Technologies+Inc.&amp;index=1&amp;md5=376262200cb53a72e2a4a9f5eb59006a">Stratus Technologies Inc.</a> ("Stratus"), an <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sghcorp.com%2F&amp;esheet=54119709&amp;newsitemid=20240910591220&amp;lan=en-US&amp;anchor=SGH&amp;index=2&amp;md5=76c55d2444bc598e63ab41b53dfd4546">SGH</a> company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGH#NASDAQ">SGH</a>) and a global leader in simplified, protected, and autonomous <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.stratus.com%2Fedge-computing%2F&amp;esheet=54119709&amp;newsitemid=20240910591220&amp;lan=en-US&amp;anchor=computing+platforms&amp;index=4&amp;md5=08d640ee5dc25033bbf83b9572564a53">computing platforms</a> for the edge and the data center, today announced expanded Linux capabilities for its 12th generation of the ftServer platform which is the latest version of the industry-leading fault-tolerant servers. The Stratus <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.stratus.com%2Fsolutions%2Fplatforms%2Fftserver-g12%2F&amp;esheet=54119709&amp;newsitemid=20240910591220&amp;lan=en-US&amp;anchor=ftServer%26%23174%3B&amp;index=5&amp;md5=eeaae8a593b23dfa31cfd158131adb80">ftServer&#xAE;</a> family of computing platforms now have kernel-based virtual machine (KVM) support for Red Hat Enterprise Linux (RHEL), addressing a critical market need for optionality and openness in virtualization, while continuing to provide industry-leading fault-tolerant compute capabilities.

Stratus Technologies, An SGH Company Expanded Linux Capabilities For Its 12th Generation Of The ftServer Platform Which Is The Latest Version Of The Industry-Leading Fault-Tolerant Servers

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

Maxeon Solar Technologies shares are trading higher after confirming that Cypress Creek Renewables has chosen the company for installation at power plant projects in the US.

Complete software lifecycle security enables organizations to simultaneously shift left &amp; right, helping developers save time with quick threat detection and risk remediation

FROG

JFrog Adds JFrog Runtime To Suite Of Security Capabilities

Benchmark analyst Mike Hickey reiterates Genius Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GENI#NYSE">GENI</a>) with a Buy and maintains $10 price target.

GENI

Benchmark Reiterates Buy on Genius Sports, Maintains $10 Price Target

UBS analyst Peter Grom maintains National Beverage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIZZ#NASDAQ">FIZZ</a>) with a Sell and lowers the price target from $46 to $45.

FIZZ

UBS Maintains Sell on National Beverage, Lowers Price Target to $45

Alta Global shares are trading higher after the company announced a partnership with UFC Gym Group, integrating its products across 150 global gyms.

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4250797-1&amp;h=104955878&amp;u=https%3A%2F%2Furl.us.m.mimecastprotect.com%2Fs%2FYhp2CPNEN6IBVDKNhzBaEG%3Fdomain%3Dc212.net&amp;a=Lucid+Group">Lucid Group</a>, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), maker of the world's most advanced electric vehicles, showcased the forthcoming Lucid Gravity SUV, its enabling technologies, and presented an independent third party analysis of the cost effectiveness of manufacturing these innovations at its Technology &amp; Manufacturing Day, held today at the company's Arizona factory. Additionally, Lucid announced that through August 31, 2024, the company has already delivered more cars in 2024 than in all of 2023.

LCID

Lucid Showcases Gravity SUV And Provides Analysis Of Cost Effectiveness Of Its Enabling Technologies During Technology & Manufacturing Day

UBS analyst Danielle Antalffy maintains Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) with a Neutral and lowers the price target from $90 to $75.

UBS Maintains Neutral on Edwards Lifesciences, Lowers Price Target to $75

Strategic investment aims to accelerate MariaDB's mission to deliver innovative, scalable database solutions with new executive leadership to drive the next phase of growth
MANHATTAN BEACH, Calif. and MILPITAS, Calif., and DUBLIN, Sept. 10, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4250756-1&amp;h=1526001434&amp;u=https%3A%2F%2Fk1.com%2F&amp;a=K1+Investment+Management%2C+LLC">K1 Investment Management, LLC</a> ("K1"), one of the largest investors in small-cap enterprise software companies, today announced the completion of its tender offer to acquire 100 percent of the issued ordinary shares of <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4250756-1&amp;h=1935661988&amp;u=https%3A%2F%2Fmariadb.com%2F&amp;a=MariaDB+plc">MariaDB plc</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRDB#NYSE">MRDB</a>) ("MariaDB"), a leader in enterprise database solutions. This strategic investment positions MariaDB to further expand its presence in the enterprise market and continue delivering innovative, scalable solutions globally.

Management

MRDB

K1 Acquires MariaDB, Appoints Rohit de Souza As New CEO

Northland Capital Markets analyst Luke Horton initiates coverage on Similarweb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMWB#NYSE">SMWB</a>) with a Outperform rating and announces Price Target of $15.

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