Latest news for US Copper (OTC:USCUF) Stock

US Copper Corp is a junior exploration and development company. The company is focused on advancing its Moonlight-Superior Copper Project in Plumas County, California to the production stage. The project includes copper sulfide and copper oxide resources with silver and gold credits in three deposits- Moonlight, Superior, and Engels - hosted in Jurassic intrusive rocks.

US Copper Corp

TD Cowen analyst Shaul Eyal maintains Cellebrite DI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLBT#NASDAQ">CLBT</a>) with a Buy and raises the price target from $20 to $23.

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CLBT

TD Cowen Maintains Buy on Cellebrite DI, Raises Price Target to $23

Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) shares are trading higher Monday. Multiple analyst firms raised price targets on the stock following the company&#8217;s deal with Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) <a href="https://www.benzinga.com/markets/equities/24/09/40957437/microsoft-taps-constellation-for-20-year-carbon-free-power-3-400-jobs-coming-to-pennsylvania">announced late last week</a>.
What Happened: On Friday, <a href="http://benzinga.com/quote/CEG">Constellation Energy shares</a> jumped more than 22% after the company signed a 20-year power purchase agreement with Microsoft that will restart Three Mile Island and pave the way for the launch of the Crane Clean Energy Center.
Following the announcement, Morgan Stanley analyst David Arcaro maintained Constellation Energy with an <a href="https://www.benzinga.com/analyst-stock-ratings">Overweight </a>and raised the price target from&nbsp;$233&nbsp;to&nbsp;$313. Keybanc analyst Sangita Jain maintained an Overweight rating and raised the price target from&nbsp;$230&nbsp;to&nbsp;$265. Shares appear to be getting a boost on Monday from the price target increases.
Under terms of the agreement, Microsoft will purchase energy from the renewed&nbsp;Three Mile Island Unit 1 as it works towards providing carbon-free energy for its data centers. The company noted that Three Mile Island Unit 1 is a fully independent facility, and its long-term operation was not impacted by the Unit 2 accident that caused the facility to be shut down in 1979.
As the companies prepare for the restart, significant investments will be made to restore the plant. Constellation also said it plans to pursue license renewal that will extend plant operations to at least 2054. Constellation&#8217;s Crane Clean Energy Center is expected to come online in 2028.
&#8220;Before it was prematurely shuttered due to poor economics, this plant was among the safest and most reliable nuclear plants on the grid, and we look forward to bringing it back with a new name and a renewed mission to serve as an economic engine for Pennsylvania,&#8221; said Joe Dominguez, president and CEO of Constellation Energy.
Check This Out: <a href="https://www.benzinga.com/markets/equities/24/09/40957437/microsoft-taps-constellation-for-20-year-carbon-free-power-3-400-jobs-coming-to-pennsylvania">Microsoft Taps Constellation For 20-Year Carbon-Free Power – 3,400 Jobs Coming To Pennsylvania</a>
CEG Price Action: Constellation Energy shares were up 1.97% at $260 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

MSFT

Constellation Energy Stock Continues To Climb: What's Going On?

Roth MKM analyst Chip Moore maintains EnerSys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENS#NYSE">ENS</a>) with a Buy and maintains $120 price target.

Roth MKM Maintains Buy on EnerSys, Maintains $120 Price Target

Wells Fargo analyst Ike Boruchow maintains Deckers Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) with a Equal-Weight, adjusts target to $165 from $1000 (forward stock split 6:1).

DECK

Wells Fargo Maintains Equal-Weight on Deckers Outdoor, Adjusts Price Target To $165 (forward stock split 6:1)

Riot Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) on Monday announced that it entered into a settlement agreement with Bitfarms Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITF#NASDAQ">BITF</a>) related to its ongoing <a href="https://www.benzinga.com/pressreleases/24/09/g40976816/bitfarms-and-riot-announce-settlement">takeover attempt of the company</a>.
What Happened: Riot and Bitfarms reached an agreement ahead of the upcoming special meeting of Bitfarms shareholders. Under terms of the agreement, Andrés Finkielsztain has stepped down from Bitfarms&#8217; board. The company said it appointed Amy Freedman to its board, as well as its governance and nominating committee and compensation committee.
Riot Platforms has agreed to withdraw its requisition and accept customary standstill provisions through the Bitfarms 2026 annual meeting. At the meeting, shareholders will be asked to vote to approve an expansion of the company&#8217;s board from five to six members, elect an independent director and ratify the company&#8217;s shareholder rights plan. Riot has said it will vote in favor of these proposals. 
&#8220;The Bitfarms Board is committed to effectively overseeing the execution of the Company&#8217;s strategic plan as we work to position Bitfarms to capitalize on the opportunities ahead,&#8221; said Brian Howlett, independent chairman of Bitfarms&#8217; board.
&#8220;Additionally, we recognize the importance of refreshment and having the right mix of skills, experience and diversity, and we are always open to adding qualified candidates with valuable insights and perspectives to strengthen our Board. We are pleased to reach this agreement with Riot, which we believe is in the best interests of all Bitfarms shareholders.&#8221;
Bitfarms also gave Riot Platforms certain rights to purchase shares of the company provided Riot holds&nbsp;15%&nbsp;or more of the outstanding common shares of the company. The Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) miner noted that its upcoming special meeting of shareholders will take place no later than Nov. 20. 
&#8220;This agreement represents a significant step to advance shareholder value creation at our respective companies and we are pleased to have reached this constructive resolution with Bitfarms,&#8221; said Jason Les, CEO of Riot.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40969202/massive-crypto-heist-heres-how-two-suspects-were-nabbed-in-230m-theft">Massive Crypto Heist: Here&#8217;s How Two Suspects Were Nabbed In $230M Theft</a>
RIOT Price Action: <a href="http://benzinga.com/quote/riot">Riot Platforms shares</a> were up 0.14% at $7.23 at the time of publication Monday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

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

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BITF

RIOT

What's Going On With Bitcoin Mining Stock Riot Platforms Monday?

The U.S. Commerce Department proposed Monday an outright block on the import and sale of Chinese-made vehicles that contain key communications and automated driving systems due <a href="https://www.benzinga.com/topic/china">to national security concerns.</a>
This sweeping proposal, reported by Reuters, would have the effect of shutting out nearly all Chinese cars from the U.S. market, intensifying the ongoing economic standoff between the two global superpowers.
The proposed regulation would not only target vehicles but also encompass the software and hardware integral to modern connected cars. 
This means that any vehicle equipped with systems that facilitate internet connectivity or data sharing — which are now ubiquitous in newer models — could be banned if these technologies are sourced from China or any other nation deemed a foreign adversary, including Russia.
<h3 class="wp-block-heading">Heightened Security Concerns</h3>
The Biden administration has expressed growing concerns over the potential for data collected by Chinese automakers and tech companies to be used for espionage or to undermine U.S. infrastructure. 
With many modern cars linked to the internet, allowing them to communicate with external systems for navigation, safety features, and data storage, officials worry that Chinese companies could exploit these connections to gather sensitive information or even manipulate vehicle operations remotely.
For instance, an extreme scenario, as warned by government officials, could see adversaries remotely controlling vehicles or causing accidents at scale.
<h3 class="wp-block-heading">Impact On The Auto Industry, Stock Reactions</h3>
This new ban, if enacted, could be a game changer for the automotive industry. Chinese automakers such as BYD, Nio and Xpeng, which have been eyeing the U.S. market, would face significant roadblocks.
Even American and other international automakers that source components from Chinese suppliers could be impacted, especially when it comes to hardware and software development.
The Alliance for Automotive Innovation – a trade group representing major automakers including General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Toyota Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), Volkswagen AG (OTCPK: VWAGY), and Hyundai Motor Co., Ltd (OTCPK: HYMTF) – has expressed caution about the proposed bans, according to Reuters. 
Automakers noted that connected vehicle components are sourced globally, including from China, and that reconfiguring supply chains to avoid Chinese software and hardware could prove challenging.
While the group has not yet provided a detailed breakdown of how extensively Chinese-made parts are used in U.S. vehicles, it&#8217;s clear the proposed bans would require significant adjustments for automakers operating in the U.S. market.
Shares of General Motors fell over 3% during Monday premarket trading, while Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) rose 1.3%. 
Shares of major Chinese automakers had mixed reactions. NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) fell over 2%, while XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) dropped 0.8%. In contrast, Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) managed to rise by 1%, bucking the downward trend.
<h3 class="wp-block-heading">Broadening Trade War</h3>
This move is part of a broader campaign by the U.S. government to curb China&#8217;s influence in the American economy. Just last week, the Biden administration imposed hefty tariffs on Chinese imports, including a 100% duty on electric vehicles and key minerals used in EV batteries.
These combined measures could reshape the competitive landscape in the U.S. auto market, particularly in the growing electric vehicle sector.
In addition, the proposal could hamper Chinese companies&#8217; ability to test self-driving or autonomous cars on U.S. soil, limiting their participation in an industry expected to revolutionize transportation over the coming decades.
<h3 class="wp-block-heading">Timeline For Ban</h3>
The proposed rules would phase in over the next several years. Software restrictions would apply to vehicles from the 2027 model year onward, while hardware bans would take effect for 2030 models, starting as early as January 2029, Reuters said. 
This phased approach is designed to allow automakers time to adapt their supply chains and eliminate Chinese components from their vehicles. Given the global nature of the automotive supply chain, transitioning away from Chinese-made components could be a costly and complex process.
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/24/09/40976900/wall-street-eyes-modestly-positive-start-as-atypical-september-rally-generates-positive-sentiment-c">Wall Street Eyes Modestly Positive Start As Atypical September Rally Generates Positive Sentiment, China Cuts Rate: Intel, Palantir, Bitcoin Make Huge Moves</a></li>
</ul>

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HYMTF

VWAGY

XPEV

Chinese Vehicle Tech Faces Biden Administration Ban Over National Security Concerns: China EV Stocks Fall

Roth MKM analyst Jonathan Aschoff maintains Aptevo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APVO#NASDAQ">APVO</a>) with a Buy and lowers the price target from $15 to $8.

APVO

Roth MKM Maintains Buy on Aptevo Therapeutics, Lowers Price Target to $8

Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is unique compared to other cryptocurrencies, according to its lead developer, who urged market participants to value <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">the apex meme coin</a>.
What Happened: Dogecoin&#8217;s lead developer Mishaboar took to his social media <a href="https://x.com/mishaboar/status/1837860367357132822">account</a> to emphasize the significance of Dogecoin&#8217;s decentralized nature, stating that it is open to everyone and not controlled by any centralized entity or organization. He highlighted Dogecoin&#8217;s unique origin story and its resilience in the crypto industry.
The developer pointed out that most of the top 20 cryptocurrencies are either extremely centralized or controlled by a group that has become influential and wealthy. This, he believes, creates a depressing outlook for the industry.
&#8220;Even if one believes the intentions of these centralized parties are benevolent, they all seem to become a source of weakness, sometimes for the future of technical implementation, and other times for the future of the market surrounding that crypto," Mishaboar stated.
He concluded, "No matter what you are building: value Dogecoin for what it is, in a panorama that is honestly (to me) unexciting or downright depressing, filled with scammers and grifters. But also with many decent people working hard and often in the shadows."
<figure class="wp-block-image size-full"><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" /></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40921872/dogecoin-will-outperform-bitcoin-in-2025-vows-trader-heres-what-the-follower-effect-means">Dogecoin Will Outperform Bitcoin In 2025, Vows Trader: Here&#8217;s What The &#8216;Follower Effect&#8217; Means</a>
Why It Matters: Crypto analyst Ali Martinez sees Dogecoin preparing for a bullish breakout, as its Relative Strength Index broke the descending trendline on the chart. 
He cautioned that the meme coin's price is yet to cross the $0.11 resistance level.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> is gearing up for a bullish breakout! And one of the two conditions has been achieved: &#x2705;The RSI broke the descending trendline on the daily chart. &#x2b55;&#xFE0F;Now we need <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> surging past the $0.11 resistance! <a href="https://t.co/XN6KPh0fRr">https://t.co/XN6KPh0fRr</a> <a href="https://t.co/SbKS8hY3Ri">pic.twitter.com/SbKS8hY3Ri</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1837551114180612139?ref_src=twsrc%5Etfw">September 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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IntoTheBlock data shows large transaction volume decreasing by 15.5% and daily active addresses dropping by 2.8%. Transactions greater than $100,000 are down from 199 to 141 in a single day. Exchanges netflows rose by 10.5%.
Dogecoin is down 0.6% over the past 24 hours, trading at $0.1062.
What&#8217;s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40937447/dogecoin-rallied-4-5-dogecoin-killer-shiba-inu-8-what-is-going-on">Dogecoin Rallied 4.5%, &#8216;Dogecoin Killer&#8217; Shiba Inu 8%: What Is Going On?</a></li>
</ul>
Image: Shutterstock

$DOGE

'Value Dogecoin,' Says Lead DOGE Developer, Who Warns Of 'Scammers And Grifters' In The Space

TD Cowen analyst Moshe Orenbuch maintains Ally Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) with a Hold and lowers the price target from $45 to $37.

ALLY

TD Cowen Maintains Hold on Ally Financial, Lowers Price Target to $37

Loop Capital analyst Ananda Baruah maintains Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) with a Buy and lowers the price target from $1500 to $1000.

SMCI

Loop Capital Maintains Buy on Super Micro Computer, Lowers Price Target to $1000

SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) ("SAIHEAT" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIH#NASDAQ">SAIH</a>, SAITW)))), announces the signing of two Memorandums of Understanding (MoU) for its <a href="https://www.globenewswire.com/Tracker?data=CA8iL2Rc9y-PbRywINsRZMCqP98q0vfgkgnHgI9Abk7sgkcwvTmtmnaZ6r36TWObJxPqb1vPTBiUbxko-CROYMFrmD7Phb8qPdEi2nt3y9o=">HEATNUC</a> business line. These agreements aim to strengthen cooperation within the small modular reactor industry in the Middle East and globally. These memorandums of understanding aim to enhance SAI.TECH's competitiveness in the Middle Eastern and global markets, and further promote its localization strategy in the region. &nbsp;
The MoU signed with Jiangsu Shentong Nuclear Equipment Co., Ltd., signifies a strategic partnership focused on the export of electrical and instrumentation control system equipment for nuclear power and engineering projects. This includes butterfly valves, ball valves, check valves, instrument valves, air valves, sight glasses, pit filters, shellfish strainers, and rubber diaphragms, targeting the nuclear power and energy sectors. The collaboration also encompasses nuclear safety and quality management initiatives.
The second MoU engaged with Shanghai Kaiquan Pump Co., Ltd., outlines plan for joint production of nuclear and Small Modular Reactor (SMR) equipment and components. This collaboration aims to enhance competitiveness and localize production in the Middle East. Shanghai Kaiquan's products cover all types of Class II and III centrifugal pumps, including vertical/horizontal single-stage single-suction and horizontal single-stage double-suction centrifugal pumps, as well as vertical, etc. The collaboration aims to jointly manufacture nuclear and Small Modular Reactor (SMR) equipment and components, focusing on boosting competitiveness and localization efforts.
These two MoUs highlight a commitment to mutual growth by exchanging expertise in project management and business practices, as well as collaborating on marketing efforts targeting the nuclear and small reactor sectors. Furthermore, HEATNUC and its partners intend to explore opportunities for expanding their presence in the international market through joint venture export ventures.
These actions are in line with HEATNUC's strategic goals of strengthening its role as a key participant in the global nuclear industry, leveraging partnerships to offer innovative solutions, and upholding the highest standards of quality and safety.

SAIH

SAIHEAT Announces The Signing Of 2 MoU's For Its HEATNUC Business Line Aiming To Strengthen Cooperation Within The Small Modular Reactor Industry In The Middle East And Globally

Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) claims its plans for <a href="https://www.benzinga.com/markets/equities/24/09/40973148/tsmc-and-samsung-explore-100b-chip-megafactories-in-uae-amid-ai-boom-and-global-expansion-plans-" target="_blank" rel="noreferrer noopener">new foreign investments</a> are backed by United Arab Emirates (UAE) subsidies.
Recent reports indicated the Taiwanese contract chipmaker intends to collaborate with Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) for a project in the UAE. The initiative entails investments exceeding $100 billion, the Taipei Times <a href="https://www.taipeitimes.com/News/biz/archives/2024/09/23/2003824231" target="_blank" rel="noreferrer noopener">reports</a>.
Taiwan Semiconductor executives reportedly visited the UAE and discussed a plant with advanced facilities akin to Taiwan.
Taiwan Semiconductor remains focused on its <a href="https://www.benzinga.com/government/24/09/40940463/whats-going-on-with-taiwan-semiconductor-stock-on-thursday" target="_blank" rel="noreferrer noopener">U.S. expansion</a>. It promoted Rose Castanares, executive vice president of the Arizona unit, as president last week. The company is a key supplier to Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). The company also inked at least two smartphone chip deals. One agreement is with Apple for the iPhone and the other is with Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) for the Google Pixel 10 and Pixel 11.
Taiwan Semiconductor is building two fabs in Arizona involving the 4nm, 3nm, and 2nm processes. It also targets a third fab in Arizona, leveraging the 2nm process.&nbsp;
The U.S. offered the chipmaker a $6.6 billion federal grant and $5 billion in loans. Last week, the U.S. Federal Reserve slashed its benchmark interest rate by 50 basis points. Setting the interest rate at 4.75%-5% to spur growth can be a tailwind for capital-intensive semiconductor companies.
Taiwan Semiconductor stock has been up 102% in the last 12 months, being the critical contract chipmaker for AI chips. Investors can gain exposure to Taiwan Semiconductor through ProShares Nanotechnology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TINY#NYSE">TINY</a>) and First Trust S-Network Electric &amp; Future Vehicle Ecosystem ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARZ#NASDAQ">CARZ</a>).
Price Action: Taiwan Semiconductor stock is up 0.35% at $174.69 premarket at last check Monday.
Now Read: 
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<li><a href="https://www.benzinga.com/news/earnings/24/09/40976900/wall-street-eyes-modestly-positive-start-as-atypical-september-rally-generates-positive-sentiment-c">Wall Street Eyes Modestly Positive Start As Atypical September Rally Generates Positive Sentiment, China Cuts Rate: Intel, Palantir, Bitcoin Make Huge Moves</a></li>
</ul>
Image: Shutterstock

AAPL

CARZ

GOOG

GOOGL

NVDA

SSNLF

TINY

Taiwan Semiconductor Denies UAE Investment Rumors: Report

MULN

Mullen Subsidiary, Bollinger Motors, Announces Production Of The First B4 Electric Truck

<a href="https://about.nike.com/en/newsroom/releases/nike-x-nigo-exclusive-images">https://about.nike.com/en/newsroom/releases/nike-x-nigo-exclusive-images</a>
<h3>What to know</h3>
<ul>
<li>Nike and Nigo are collaborating for the first time on an exclusive Air Force III silhouette and apparel collection that reach into many corners of culture and celebrate Nigo's rich influence in shaping contemporary streetwear.</li>
<li>Nigo draws upon the Air Force III's rugged and bold silhouette to create a new footwear journey rooted in a rich web of pop culture inspiration and reference.</li>
<li>The debut Nike x NIGO collection is only the beginning of an iconic partnership decades in the making, and the Air Force III box hints at future footwear and apparel to come.</li>
<li>The Nike x NIGO Air Force III and apparel collection will be available September 28 exclusively at&nbsp;<a href="https://www.instagram.com/otsumoplaza/?hl=en">Otsumo Plaza</a>&nbsp;in Tokyo,&nbsp;<a href="https://humanmade.jp/">humanmade.jp</a>,&nbsp;and the "I Know Nigo 2" pop-up in New York, followed by a global launch October 4 on SNKRS and at select retail locations. &nbsp;</li>
</ul>
Nigo is a modern archivist and master collage artist —&nbsp;distilling and synergizing mediums, inspirations and references that define the canon of contemporary streetwear and pop culture.
His acumen, curation and taste resonate over multiple generations, from his emergence on Tokyo's streetwear scene in the early 1990s to his modern influence on the world's largest stages and runways.
Now, for the first time, he's collaborating with Nike on an exclusive Air Force III silhouette and apparel collection that reach into many corners of culture, expressing a deep love for the movies, music and traditions that have influenced his craft over his decades-long career.
The partnership brings a collector's spirit to the forefront of streetwear, tapping into Nigo's record of cultural innovation while harking to a historic ethos of community, collection and cultural affinity.
"Nigo's thoughtfulness with his stories and the detail he brought to our first project together has reinvigorated the way we think about applying stories to our products," says Leo Sandino-Taylor, VP, Global Energy Marketing. "He brought an unbelievable amount of depth to each creative element that allowed us to be very playful with how we executed his vision. He's an absolute master of his craft."
At the center of the collaboration is Nigo's exclusive take on the Air Force III, which re-fashions the rugged and bold silhouette to create a new footwear journey rooted into a rich web of pop culture inspiration and reference. Each upcoming release will celebrate the intersection of fashion, culture, art and music through the lens of sneakers and style, beginning with a debut colorway inspired by Nigo's favorite television genres from earlier in his life.
The Nike x NIGO Air Force III features a premium upper with a mix of genuine, embossed leathers and textiles paired with a midsole foam and rubber outsole identical to the original AF3. The tongue and heel feature matching graphics, one paying homage to the original sneaker and the other nodding to Nigo's cultural influences.
A custom box points to the inspiration behind the debut colorway and features hints about future footwear and apparel. A premium patch and pin specific to the debut colorway are included inside.
"Nike truly has many masterpieces," Nigo says. "The AF3 is a hidden masterpiece that I remember loving at the time. Through my first collaboration with Nike, I want to reintroduce everyone to its magnificence."
The accompanying apparel collection includes a varsity jacket and hoodie filtered through the color lenses of one of Nigo's favorite Japanese cartoons alongside classic T-shirts that can be styled to match any look. The varsity jacket features chainstitch embroidery, custom embossed snaps, a three-layer chenille patch and a Nike x NIGO quilted liner.
Exclusive to select markets such as China and Japan, a playful version of the debut Nike x NIGO collection will be available as Nike x OGIN — a backwards nod to how Nigo's work has been embraced and reinterpreted around the world. Regardless of the spelling, both versions of the collection are quintessentially Nigo.
Timed to the debut of Nigo's new single and music video, the first Nike x NIGO release is only the beginning of an iconic partnership decades in the making.
"When I decided to work with Nike, I went to the Nike World Headquarters and drew a lot of inspiration from the archives, the lab and the team working there," Nigo says. "Everything I saw had a great influence on the project. There are still many things yet to come, so please look forward to the Nike and Nigo project. It's the beginning of a long and exciting journey."
The Nike x NIGO Air Force III and apparel collection will be available September 28 exclusively at <a href="https://www.instagram.com/otsumoplaza/?hl=en">Otsumo Plaza</a> in Tokyo, <a href="https://humanmade.jp/">humanmade.jp</a>, and the "I Know Nigo 2" pop-up in New York, followed by a global launch October 4 on SNKRS and at select retail locations.

'Nike x NIGO Partnership Launches With Exclusive Air Force III And Apparel Collection'

New System Enhances Surgical Efficiency and Provides Versatile Solutions for Complex Spine Procedures
BELGRADE, MT / ACCESSWIRE / September 23, 2024 / Xtant Medical Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XTNT#NYSE">XTNT</a>), a leading global medical technology company focused on the treatment of spinal disorders, is excited to announce the launch of the Cortera Posterior Fixation System, a comprehensive solution designed to streamline thoracolumbar fixation surgeries. Now available to surgeons across the United States through Xtant's commercial channels., Cortera enhances surgical workflows while delivering value across a wide spectrum of complex spinal procedures.

XTNT

Xtant Medical Expands Product Portfolio With The Launch Of The Cortera Posterior Fixation System

Bernstein analyst Oswald Clint downgrades Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) from Outperform to Market Perform.

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Bernstein Downgrades Eni to Market Perform

WIIM

IDYA

Ideaya Biosciences shares are trading higher after the company announced its interim Phase 2 trial data for Darovasertib in Neoadjuvant Uveal Melanoma and a successful FDA type C meeting on registrational trial design for regulatory approval.

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Top 10 Trending Stocks On WallStreetBets As Of September 23, 2024 (Via Swaggy Stocks)

Craig-Hallum analyst Eric Des Lauriers initiates coverage on Westrock Coffee (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEST#NASDAQ">WEST</a>) with a Buy rating and announces Price Target of $13.

Initiation

WEST

Craig-Hallum Initiates Coverage On Westrock Coffee with Buy Rating, Announces Price Target of $13

Palmer Square Capital BDC Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSBD#NYSE">PSBD</a>) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a third quarter 2024 supplemental dividend of $0.05 per share. Shareholders of record as of September 27, 2024 will receive the supplemental dividend, payable on October 14, 2024.
The supplemental dividend will be paid out of the excess of the Company's quarterly undistributed net investment income, above the third quarter 2024 base dividend of $0.42 per share, payable on October 14, 2024, to shareholders of record as of September 27, 2024.

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