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JP Morgan analyst Jeffrey Zekauskas maintains Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) with a Overweight and lowers the price target from $317 to $315.

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JP Morgan Maintains Overweight on Sherwin-Williams, Lowers Price Target to $315

To gain an edge, this is what you need to know today.
<img alt="" src="https://thearorareport.com/wp-content/uploads/2024/04/2024-04-24_08h09_52.png" style="height:340px; width:624px" />
<h3>Musk Lifts Stock Market Sentiment</h3>
Please <a href="https://thearorareport.com/stock-market-chart-analysis-musk-lifts-sentiment-tsla-mc-04242024">click here</a> for an enlarged chart of Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp;The chart of TSLA stock is being used to illustrate the point.</li>
<li>The chart shows that TSLA stock fell to the upper band of the support zone prior to earnings.</li>
<li>The chart shows a big move up after TSLA earnings.</li>
<li>RSI on the chart shows that prior to earnings, TSLA stock was very oversold, and thus it was easy for it to bounce.</li>
<li>TSLA reported earnings significantly worse than both the consensus and whisper numbers.&nbsp;Here are the details:
<ul>
<li>Q1 earnings of $0.45 vs. $0.51 consensus</li>
<li>Q1 revenue of $21.3B vs. $22.15B consensus</li>
<li>GAAP gross margin of 17.4%, down 199 bps year-over-year</li>
<li>Operating expenses up 37% year-over-year</li>
<li>Deliveries declined 8.5% year-over-year.</li>
<li>Guided 2024 vehicle volume &ldquo;notably lower&rdquo; than 2023</li>
</ul>
</li>
<li>Despite the numbers from TSLA earnings, Elon Musk has lifted sentiment in the entire stock market by saying that buying a regular car is like &ldquo;riding a horse and using a flip phone.&rdquo;</li>
<li>Here are the other key points from Musk that are lifting the sentiment in the entire stock market:
<ul>
<li>Tesla is accelerating development of several low priced cars.</li>
<li>Tesla plans to own and deploy a fleet of 1M robotaxis.</li>
<li>Tesla has increased its AI training capacity from 15,000 Nvidia H100 GPU equivalents at the beginning of the year to 40,000 now.&nbsp;Musk is projecting a computing capacity of 85,000 H100 equivalents by the end of the year.</li>
<li>Musk made the most convincing case yet that Tesla is not a car company but an AI company.</li>
<li>Musk&rsquo;s statement is especially boosting AI stocks such as NVIDIA Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), Advanced Micro Devices, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amd#NASDAQ">AMD</a>), Super Micro Computer Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smci#NASDAQ">SMCI</a>), Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsm#NYSE">TSM</a>), Applied Materials, Inc. (NASDAQ:&nbsp; AMAT), and Arm Holdings PLC - ADR (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arm#NASDAQ">ARM</a>).</li>
</ul>
</li>
<li>There are two earnings of note this morning.
<ul>
<li>Boeing Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) earnings are being well received by the stock market.&nbsp;BA stock is up.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>), a maker of cooling equipment for AI servers, is rocketing after better than expected earnings.</li>
</ul>
</li>
<li>The new data on durable orders is strong.&nbsp; Here are the details:
<ul>
<li>Durable orders came at 2.6% vs. 1.8% consensus.</li>
<li>Durable goods ex-transport came at 0.2% vs. 0.3% consensus.</li>
</ul>
</li>
<li>The U.S. Treasury will conduct a record auction of $70B of five year Treasuries.&nbsp;We will be carefully watching the results and will let you know if a canary in the coal mine develops.&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>It is important for investors to carefully watch longer duration Treasury auctions due to the second blunder that the Fed has committed.&nbsp;The second blunder is Powell&rsquo;s press conference in December 2023. &nbsp;</li>
<li>Of note is that yesterday, the Treasury conducted a record auction of $69B of two year Treasuries.&nbsp;The auction was excellent with yield coming at 4.898%, lower than expected.&nbsp;The reason is that investors are shifting money from money market funds to two year Treasuries.&nbsp;&nbsp;</li>
</ul>
</li>
</ul>
<h3>Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), Microsoft Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), Meta Platforms Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>), NVDA, and TSLA.
In the early trade, money flows are neutral in Apple Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>).
In the early trade, money flows are negative in Alphabet Inc Class C (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (ARCA:SPY) and Invesco QQQ Trust Series 1 (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>).
<h3>Momo Crowd And Smart Money In Stocks</h3>
The momo crowd is buying stocks in the early trade.&nbsp;Smart money is inactive in the early trade.
<h3>Gold</h3>
The momo crowd is buying gold in the early trade.&nbsp;Smart money is inactive in the early trade.
For longer-term, please see gold and silver ratings.
The most popular ETF for gold is SPDR Gold Trust (ARCA:GLD).&nbsp;The most popular ETF for silver is iShares Silver Trust (ARCA:SLV).&nbsp;
<h3>Oil</h3>
API crude inventories came at a draw of 3.23M barrels vs. a consensus of a build of 1.8M barrels.
The momo crowd is buying oil in the early trade.&nbsp;Smart money is inactive in the early trade.
For longer-term, please see oil ratings.
The most popular ETF for oil is United States Oil ETF (ARCA:USO).
<h3>Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h3>Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp;The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp;When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3>Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of seven year duration or less.&nbsp;Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter">Generate Wealth Newsletter</a>.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

$BTC

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MSFT

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TSLA

Musk Lifts Sentiment In Entire Stock Market By Saying A Regular Car Is Like "Riding A Horse"

Rumors

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PENN

Watching PENN Entertainment; Traders Circulating Unconfirmed Rumor Greenlight Has A New Big Position In The Co

Stephens &amp; Co. analyst Mike Scialla maintains Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) with a Overweight and raises the price target from $41 to $42.

Stephens & Co. Maintains Overweight on Range Resources, Raises Price Target to $42

JP Morgan analyst Steven Alexopoulos maintains Pinnacle Finl Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) with a Overweight and lowers the price target from $110 to $108.

PNFP

JP Morgan Maintains Overweight on Pinnacle Finl Partners, Lowers Price Target to $108

JP Morgan analyst Bill Peterson maintains Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) with a Neutral and lowers the price target from $195 to $190.

JP Morgan Maintains Neutral on Nucor, Lowers Price Target to $190

In a landscape teeming with global investment opportunities, one nation shines with resolute promise: India. In an exclusive interview with Benzinga, Jeremy Schwartz, global chief investment officer at WisdomTree, revealed compelling insights that position India as <a href="https://www.benzinga.com/topic/india">an investment powerhouse.</a>
<h2 class="wp-block-heading">What Sets India Apart</h2>
Among the developed and emerging markets, WisdomTree&#8217;s strategic vision spotlights India as one of its top picks alongside Japan. According to Schwartz, India &#8220;is positioned as the leader of emerging markets (EM).&#8221; What sets India apart is its undeniable dominance among the EMs which is propelled by robust population growth—a demographic dividend that fuels unparalleled GDP expansion, he notes.
Moreover, India&#8217;s economic prowess finds validation in its equity market performance, emerging as a frontrunner among its emerging market counterparts. 
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="626" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24082457/Screenshot-2024-04-24-at-5.54.42-PM.png" alt="" class="wp-image-306448" style="width:800px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24082457/Screenshot-2024-04-24-at-5.54.42-PM.png 626w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24082457/Screenshot-2024-04-24-at-5.54.42-PM-300x219.png 300w" sizes="(max-width: 626px) 100vw, 626px" /></figure>
<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Chart: Benzinga Pro</a>
<h2 class="wp-block-heading">Indian Equity Has Outperformed Other Emerging Markets</h2>
The Indian equity-tracking WisdomTree India Earnings Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPI#NYSE">EPI</a>) has returned 9.43% so far this year. Chinese equity-tracking iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) and Brazilian equity-tracking iShares MSCI Brazil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWZ#NYSE">EWZ</a>) have returned +8.61% and -9.34% over the same period.
Schwartz also noted that &#8220;interest in China has become more contentious with geopolitical headwinds and sluggish economic growth&#8221; causing investor attention to pivot towards India, as investors seek stability and growth in an increasingly uncertain global landscape.
Schwartz draws attention to India&#8217;s investment appeal being validated by the sustained momentum of the WisdomTree EPI ETF. The fund has witnessed substantial inflows quarter after quarter since 2023. This surge in investor interest underscores the growing confidence in India&#8217;s economic trajectory and its burgeoning equity market potential.
For additional perspective, Indian-equity tracking ETFs have all delivered decent returns so far this year.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="626" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24083543/Screenshot-2024-04-24-at-6.05.03-PM.png" alt="" class="wp-image-306473" style="width:800px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24083543/Screenshot-2024-04-24-at-6.05.03-PM.png 626w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/24083543/Screenshot-2024-04-24-at-6.05.03-PM-300x219.png 300w" sizes="(max-width: 626px) 100vw, 626px" /></figure>
<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Chart: Benzinga Pro</a>
While the EPI has clearly led, returning 9.43% to investors so far this year, other funds such as the iShares MSCI India ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INDA#NYSE">INDA</a>), the Franklin FTSE India ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLIN#NYSE">FLIN</a>), the iShares MSCI India Small-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMIN#NYSE">SMIN</a>) and the iShares India 50 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INDY#NYSE">INDY</a>) have each returned 7.13%, 7.06%, 6.80% and 2.69%, respectively, YTD.
Also Read: <a href="https://benzinga.com/markets/asia/24/04/38177185/apples-pivot-from-china-gamble-pays-off-1-in-7-iphones-now-made-in-india">Apple&#8217;s Pivot-From-China Gamble Pays Off: 1 In 7 iPhones Now Made In India</a>
<h2 class="wp-block-heading">Schwartz Identifies A Pivotal Catalyst &#8211; Prime Minister Narendra Modi&#8217;s Success In The Spring Elections</h2>
A pivotal catalyst for India&#8217;s continued success lies in the upcoming spring elections in India.
&#8220;WisdomTree believes Prime Minister Narendra Modi's Bharatiya Janata Party looks like it will be successful in the upcoming spring election as well,&#8221; said Schwartz. This electoral victory would herald a stable environment conducive to further economic expansion and sustained equity market growth.
&#8220;We expect Prime Minister Modi to engage in further economic reforms that will continue his pro-business environment,&#8221; he added.
WisdomTree&#8217;s unwavering confidence in India&#8217;s economic resilience is underpinned by Modi&#8217;s pro-business agenda. According to Schwartz, his success should help usher a new era of economic reforms. 
As India embarks on this transformative journey, investors stand to reap the rewards of a burgeoning economy poised for exponential growth.
Read Next: <a href="https://www.benzinga.com/markets/asia/24/04/38205458/china-accounts-for-nearly-half-of-asia-pacific-gdp-while-india-is-a-bright-spot-economist-says-key-e">China Accounts For &#8216;Nearly Half Of Asia-Pacific GDP&#8217; While India Is A &#8216;Bright Spot,&#8217; Economist Says: Key ETFs To Watch</a>
Photo: Shutterstock

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EXCLUSIVE: India To Lead Emerging Markets, Driven By Modi's 'Pro-Business Environment,' Says WisdomTree CIO

JP Morgan analyst Jamie Baker maintains JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Neutral and lowers the price target from $7 to $6.

JBLU

JP Morgan Maintains Neutral on JetBlue Airways, Lowers Price Target to $6

Cat-themed meme coin MOG (CRYPTO: MOG) has been a <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38361361/bitcoin-fomo-to-push-prices-to-a-different-level-mark-yusko">standout performer in the cryptocurrency market</a> on Wednesday, experiencing a notable price increase and a surge in trading volume. 
What Happened: Currently priced at $0.0000006939 with a market capitalization of $250 million, MOG is attracting significant investor attention.
This recent momentum can be attributed to a confluence of factors.
MOG has witnessed a substantial rise in trading activity, a key indicator of growing interest from investors. 
This increased activity suggests the potential for further price movements. 
Additionally, MOG has <a href="https://twitter.com/tradewithPhoton/status/1781835240605921702">secured</a> a strategic partnership with meme coins trading platform Photon.
Through this collaboration, Photon will collect all trading fees generated by the MOG/Aerodrome pair on Base and redistribute them back to the MOG community after May 1. 
This incentive program could significantly boost community engagement and attract new investors to the project.
<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/24/04/38404202/why-sec-delays-put-the-may-ethereum-etf-deadline-in-doubt">Why SEC Delays Put The May Ethereum ETF Deadline In Doubt</a>
Why It Matters: MOG&#8217;s rise hasn&#8217;t gone unnoticed on social media platforms. 
Prominent Twitter <a href="https://twitter.com/0xArch/status/1782472628139122987">influencers</a> have used artists like Beeple to mention MOG, propelling the token further into the public eye. 
The optimistic sentiment around MOG is further bolstered by prominent traders and investors. 
Trading Benjamins, a respected figure in the cryptocurrency trading community, has <a href="https://twitter.com/tradinbenjamins/status/1783007059631358221">expressed</a> a very bullish outlook on MOG, suggesting its potential to reach &#8220;billions&#8221; in market value. 
His advice to investors is to be patient and confident in MOG&#8217;s growth trajectory.
Additionally, MOG is <a href="https://twitter.com/blknoiz06/status/1783013229481857111">featured</a> in the investment portfolio of Ansem, another influential trader, alongside other potential high-growth digital assets. 
Ansem&#8217;s portfolio, which includes a mix of core holdings and speculative bets, reflects a strategic approach to cryptocurrency investing, lending further credibility to MOG&#8217;s potential.
What&#8217;s Next: While these developments paint a promising picture for MOG&#8217;s future, the cryptocurrency market is inherently volatile. 
It&#8217;s crucial for potential investors to conduct thorough research before making any investment decisions.
For those seeking to learn more about MOG and the ever-evolving digital asset landscape, Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 presents a valuable opportunity. 
This premier event will convene industry leaders, investors, and enthusiasts to discuss the latest trends and innovations shaping the future of cryptocurrencies. 
Attendees can gain insights into promising projects like MOG and explore the <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38361443/macro-guru-raoul-pal-sees-perfect-chart-for-4b-people-to-adopt-crypto-by-2030">vast potential of the digital asset revolution</a>.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38401035/binance-founder-changpeng-zhao-apologizes-doj-pushes-for-3-year-sentence">Binance Founder Changpeng Zhao Apologizes, DOJ Pushes For 3-Year Sentence</a>
Image: Shutterstock

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

Cryptocurrency

Why Is MOG Crypto Coin Going Up? Trader Sees 'Billions' As Price Target

<ul>
<li>On Tuesday, the U.S. stock markets experienced widespread gains, with the Nasdaq leading by increasing 1.5%, followed by a 1.2% rise in the S&amp;P 500.</li>
<li>Tesla&#39;s upcoming earnings report was highly anticipated due to its significant influence on the S&amp;P 500.</li>
<li>Over the past year, the S&amp;P 500 has increased by 21%.</li>
</ul>
Tuesday was a standout day for the U.S. stock markets, with gains seen across the board. Leading the pack was the Nasdaq, which rose by 1.5%, closely followed by the S&amp;P 500 (ARCA:SPY), which made a gain of 1.2%.
There was a lot of interest in Tesla&#39;s much-anticipated earnings report, due after market close. With its significant market cap, Tesla&#39;s performance has a magnified impact on the S&amp;P 500 index. Positive earnings could help the S&amp;P 500 to resume its bullish trend.
Companies including Spotify, General Electric, and General Motors also announced earnings that pleasantly surprised the market. Particularly striking was General Motors, whose stock jumped over 4% in response to its earnings, indicating a vote of confidence from investors.
Throughout the year, the S&amp;P 500 index&#39;s journey has been a turbulent ride, marked by significant resilience and long-term growth. After a peak of 10.6% for 2024, a 5.9% dip that followed could have resulted in further declines.
However, the index found its footing again, thanks in large part to the psychological zone provided by the $5000 level, enabling it to climb 2.3% from this support area.
This level is now seen as a sturdy base, potentially setting the stage for a rebound to its record high of $5264 on March 28th, 2024.
<img alt="2024-04-24_15-52-45.jpg" src="https://www.benzinga.com/files/u517520/2024-04-24_15-52-45.jpg" style="height:309px; width:624px" />
The S&amp;P 500 has experienced a 21% increase in the past year, indicating that the market is not merely surviving but set to thrive.
After the closing bell on Tuesday, April 23, the index closed at $5070.56, trading up by 1.21%.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

General

Tuesday's Stock Surge Signals Resilience And Promise In The S&P 500 As Tesla Prepares To Reveal Earnings That Could Propel Markets To New Heights

Watching HP Inc.; Traders Circulating Unconfirmed Rumor Greenlight Has A Very Large New Position In The Co, Calls It The Future Of AI And Massively Undervalued

Stephens &amp; Co. analyst Russell Gunther maintains Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) with a Overweight and lowers the price target from $43 to $40.

Stephens & Co. Maintains Overweight on Atlantic Union Bankshares, Lowers Price Target to $40

JP Morgan analyst Kenneth Worthington maintains Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) with a Neutral and lowers the price target from $17 to $16.5.

JP Morgan Maintains Neutral on Invesco, Lowers Price Target to $16.5

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EADSY

Boeing CEO On Spirit Deal, Says We Can Move Without Full Clarity On Airbus Side, Encourage Spirit To Do Whatever They Can To Improve Its Business

JP Morgan analyst Brian Ossenbeck maintains Heartland Express (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTLD#NASDAQ">HTLD</a>) with a Neutral and lowers the price target from $13 to $12.

HTLD

JP Morgan Maintains Neutral on Heartland Express, Lowers Price Target to $12

U.S. stocks were mixed, with the Dow Jones falling over 100 points on Wednesday.
Shares of Hilton Worldwide Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>) rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results and raised FY24 <a href="https://www.benzinga.com/news/earnings/24/04/38402048/hilton-stock-is-jumping-post-q1-results-heres-why">adjusted EPS guidance.</a>
Hilton Worldwide shares gained 5.7% to $208.21 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>B. Riley Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>) shares gained 29.9% to $28.20 after the company announced the results of an independent investigation showed the company and its executives had no involvement with, or knowledge of, any of the alleged misconduct concerning Mr. Kahn or any of his affiliates.</li>
<li>MMTec, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares jumped 29% to $2.8948.</li>
<li>Ribbon Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBBN#NASDAQ">RBBN</a>) shares climbed 27.2% to $3.2699 after the company reported first-quarter financial results and issued guidance.</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) gained 12.1% to $65.13 following better-than-expected first-quarter financial results.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 11.9% to $161.93 following first-quarter results.</li>
<li>Vertiv Holdings Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) gained 11.2% to $88.07 after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance.</li>
<li>Bilibili Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) gained 11% to $12.76.</li>
<li>Lifeway Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) gained 9.9% to $22.50.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 9.2% to $4.1402. Navitas Semiconductor is expected to report first-quarter financial results on Thursday, May 9.</li>
<li>Westinghouse Air Brake Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAB#NYSE">WAB</a>) gained 9% to $161.84 after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance.</li>
<li>Stride, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) gained 8.4% to $63.07 after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Cullinan Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGEM#NASDAQ">CGEM</a>) gained 8% to $18.00.</li>
<li>Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) jumped 7.7% to $13.95.</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) gained 6.4% to $176.10 following a first-quarter earnings beat.</li>
<li>Boston Scientific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) rose 6.2% to $73.24 after the company reported better than expected first-quarter earnings and issued guidance.</li>
<li>Watsco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) gained 6.2% to $439.17 following first-quarter results.</li>
<li>Group 1 Automotive, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPI#NYSE">GPI</a>) jumped 6.1% to $296.67 after the company reported better-than-expected first-quarter financial results.</li>
</ul>
Read More: Meta Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts

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CGEM

LWAY

NVTS

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SAGE

Hilton Worldwide Reports Upbeat Results, Joins Hasbro, Vertiv Holdings And Other Big Stocks Moving Higher On Wednesday

JP Morgan analyst Bill Peterson maintains Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) with a Neutral and lowers the price target from $52 to $51.

JP Morgan Maintains Neutral on Freeport-McMoRan, Lowers Price Target to $51

Stephens &amp; Co. analyst Mike Scialla maintains EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) with a Equal-Weight and raises the price target from $46 to $47.

Stephens & Co. Maintains Equal-Weight on EQT, Raises Price Target to $47

New research finds majority of Canadians say the number of streaming services and apps is overwhelming &nbsp;
New entertainment service will simplify the viewing experience onto one platform
Company to introduce 10G internet for seamless and reliable connectivity
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications&nbsp;announced today a 10-year agreement with Comcast to bring the latest award-winning Xfinity products and technology to Canadians across the country. Soon, millions of Rogers customers will be able to experience the future of entertainment with a new device powered by Entertainment OS, the next generation of connectivity via the best gateways and devices, as well as an expanded suite of home security products and features all developed by Comcast and Xfinity.
"Our partnership with Comcast builds on our legacy of bringing Canadians the best networks, entertainment and services in the world," said Tony&nbsp;Staffieri, President and CEO, Rogers Communications.&nbsp;"Canadians want to be connected to the best entertainment, anywhere, without interruption and we're proud to partner with Comcast to make this a reality."
Comcast is a global media and technology company that offers a world-class suite of connectivity and platform products to millions of customers worldwide including the United States under the Xfinity brand. As part of the agreement, the latest broadband, smart home and connectivity products available to Xfinity customers will be coming to Canada through Rogers starting later this year.
"As a world leader in converged experiences inside and outside the home, this platform will make it easy and simple for Rogers customers to connect to what they love with a seamless experience, whether on the big screen in their home or their smartphone on the go," added Staffieri.
"Building on our nearly decade-long partnership with Rogers, we're thrilled to deliver the next-generation of our entertainment and connectivity products, like Entertainment OS and the latest gateways, to millions of customers across Canada," said Dave Watson, Chief Executive Officer of Connectivity and Platforms, Comcast. "Now, with the addition of these new products and services, even more customers in North America will be able to take advantage of Comcast and Xfinity's innovative technologies."
The average Canadian subscribes to nearly twice as many streaming apps than&nbsp;five years ago and broadband data usage at Rogers has grown 200% in the same period. New research&nbsp;commissioned by Rogers&nbsp;shows the majority of Canadians (55%) say the number of streaming apps is overwhelming, half say&nbsp;searching for this content is time consuming, and 45% admit they sometimes can't&nbsp;find the show or sporting event they want to watch. The study also found accessing all streaming apps on one platform is the most appealing TV feature.
Today's announcement underscores Rogers commitment to ensuring Canadians have the best networks, the best content and the best experiences. Below is an overview of the offerings:

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CMCSA

Rogers To Bring Comcast And Xfinity Products To Canada

JP Morgan analyst Michael Mueller maintains First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) with a Overweight and lowers the price target from $59 to $53.