Zedge (AMEX:ZDGE) Stock, Quote.Headers.trade-ideas

Zedge

Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.

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Investors with a lot of money to spend have taken a bullish stance on Duke Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</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 DUK, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Duke Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 40%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $33,762, and 9, calls, for a total amount of $627,974.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $75.0 to $105.0 for Duke Energy over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Duke Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Duke Energy's significant trades, within a strike price range of $75.0 to $105.0, over the past month.
<h3>Duke Energy 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729007158_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DUK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$41.0</td>
<td>$38.3</td>
<td>$38.31</td>
<td>$80.00</td>
<td>$153.3K</td>
<td style="text-align: right;">155</td>
<td style="text-align: right;">40</td>
</tr>
<tr>
<td>DUK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$42.8</td>
<td>$42.0</td>
<td>$42.8</td>
<td>$75.00</td>
<td>$85.6K</td>
<td style="text-align: right;">45</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>DUK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$40.5</td>
<td>$37.5</td>
<td>$38.5</td>
<td>$80.00</td>
<td>$77.0K</td>
<td style="text-align: right;">21</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>DUK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$45.4</td>
<td>$43.2</td>
<td>$43.2</td>
<td>$75.00</td>
<td>$69.1K</td>
<td style="text-align: right;">45</td>
<td style="text-align: right;">45</td>
</tr>
<tr>
<td>DUK</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$29.1</td>
<td>$27.8</td>
<td>$28.45</td>
<td>$90.00</td>
<td>$56.9K</td>
<td style="text-align: right;">23</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>

<h3>About Duke Energy</h3>
Duke Energy is one of the largest us utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers.
<h3>Current Position of Duke Energy</h3>
<ul>
<li>Trading volume stands at 1,063,954, with DUK's price up by 2.45%, positioned at $117.91.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 23 days.</li>
</ul>
<h3>Expert Opinions on Duke Energy</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $125.2.
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; Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Duke Energy, targeting a price of $126. 
&#x2A; An analyst from Keybanc persists with their Overweight rating on Duke Energy, maintaining a target price of $121. 
&#x2A; Reflecting concerns, an analyst from Jefferies lowers its rating to Buy with a new price target of $138. 
&#x2A; An analyst from Mizuho upgraded its action to Outperform with a price target of $121. 
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on Duke Energy, maintaining a target price of $120. 
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 Duke Energy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Looking At Duke Energy's Recent Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Micron Technology.
Looking at options history for Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) we detected 38 trades.
If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $680,046 and 28, calls, for a total amount of $1,689,518.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $190.0 for Micron Technology, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Micron Technology'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 Micron Technology's whale trades within a strike price range from $45.0 to $190.0 in the last 30 days. 
<h3>Micron Technology Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729007153_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$25.5</td>
<td>$24.6</td>
<td>$25.7</td>
<td>$115.00</td>
<td>$385.1K</td>
<td>276</td>
<td>150</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.8</td>
<td>$13.7</td>
<td>$13.7</td>
<td>$115.00</td>
<td>$274.0K</td>
<td>4.5K</td>
<td>200</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$11.25</td>
<td>$11.05</td>
<td>$11.25</td>
<td>$120.00</td>
<td>$135.0K</td>
<td>3.4K</td>
<td>277</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$0.54</td>
<td>$0.48</td>
<td>$0.54</td>
<td>$100.00</td>
<td>$106.5K</td>
<td>11.9K</td>
<td>6.3K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$3.05</td>
<td>$3.0</td>
<td>$3.05</td>
<td>$135.00</td>
<td>$91.5K</td>
<td>4.0K</td>
<td>807</td>
</tr>
</tbody>
</table>

<h3>About Micron Technology</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
<h3>Micron Technology's Current Market Status</h3>
<ul>
<li>Trading volume stands at 9,812,124, with MU's price down by -3.09%, positioned at $104.99.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 64 days.</li>
</ul>
<h3>Professional Analyst Ratings for Micron Technology</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $137.0.
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 TD Cowen continues to hold a Buy rating for Micron Technology, targeting a price of $135. 
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on Micron Technology, which currently sits at a price target of $125. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on Micron Technology, which currently sits at a price target of $175. 
&#x2A; Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on Micron Technology with a target price of $115. 
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Micron Technology, which currently sits at a price target of $135. 
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 Micron Technology with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With Micron Technology

Investors with a lot of money to spend have taken a bearish stance on Bilibili (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>).
And retail traders should know.
We noticed this today when the trades 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 BILI, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Bilibili.
This isn't normal.
The overall sentiment of these big-money traders is split between 22% bullish and 66%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $259,500, and 5 are calls, for a total amount of $325,166.
<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 $15.0 and $43.0 for Bilibili, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Bilibili'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 Bilibili's whale trades within a strike price range from $15.0 to $43.0 in the last 30 days. 
<h3>Bilibili Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729007148_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>BILI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.15</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$24.00</td>
<td>$101.2K</td>
<td>27</td>
<td>250</td>
</tr>
<tr>
<td>BILI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$3.35</td>
<td>$3.15</td>
<td>$3.25</td>
<td>$21.00</td>
<td>$97.5K</td>
<td>24.6K</td>
<td>345</td>
</tr>
<tr>
<td>BILI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.45</td>
<td>$3.2</td>
<td>$3.2</td>
<td>$21.00</td>
<td>$96.0K</td>
<td>24.6K</td>
<td>345</td>
</tr>
<tr>
<td>BILI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.96</td>
<td>$2.58</td>
<td>$2.65</td>
<td>$20.00</td>
<td>$79.5K</td>
<td>7.9K</td>
<td>11</td>
</tr>
<tr>
<td>BILI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.5</td>
<td>$0.49</td>
<td>$0.5</td>
<td>$43.00</td>
<td>$66.7K</td>
<td>0</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h3>About Bilibili</h3>
Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort. The firm generates revenue through five main areas: advertising, games, live streaming, value-added services, and e-commerce.
After a thorough review of the options trading surrounding Bilibili, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Bilibili</h3>
<ul>
<li>Currently trading with a volume of 5,295,038, the BILI's price is down by -4.84%, now at $20.77. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 43 days.</li>
</ul>
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>.
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 Bilibili options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

BILI

Market Whales and Their Recent Bets on BILI Options

During a recent <a href="https://www.youtube.com/watch?v=ZLcyBj-ZuIM">interview</a> with Bloomberg, <a href="https://www.benzinga.com/topic/jamie-dimon">Jamie Dimon</a>, CEO of JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), had a lot to say about technology and artificial intelligence and how these advances could affect people&#8217;s jobs. With years of experience heading one of the biggest banks in the world, Dimon offered a cautious but optimistic assessment of the ongoing tech boom.
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Dimon pointed out that <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40913998/jamie-dimon-says-jpmorgan-is-likely-one-of-the-bigger-users-of-blockchain-technology-but-c">technological advancements are nothing new – </a>they&#8217;ve been changing our lives for hundreds of years, from the printing press to steam engines to the Internet. He now thinks that another revolutionary wave is upon us due to the development of AI. &#8220;Tech is going to change many things,&#8221; he said. However, he also addressed the fear that comes with these changes, especially regarding job security.
Trending: ‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –<a href="https://www.benzinga.com/money/mode-mobile-2"> invest today with $1,000 for just $0.25/share</a>
Many people are concerned that AI will eliminate jobs, but Dimon stated that technology has always produced new jobs in addition to eliminating old ones. &#8220;Your job will be enhanced. You&#8217;ll get more research, more questions – you&#8217;ll have like a real super assistant chief of staff on your shoulder,&#8221; Dimon said, pointing out that AI has the potential to make <a href="https://www.benzinga.com/24/03/37610586/after-saying-ai-is-not-hype-jpmorgans-jamie-dimon-reveals-how-he-personally-and-professionally-uses">people more productive in their roles</a>.
Although he warned against putting &#8220;our head in the sand&#8221; or ignoring the issue, he conceded that some employment would probably be wiped out.
Trending: Beating the market through ethical real estate investing' — t<a href="https://www.benzinga.com/money/invest-with-roots">his platform aims to give tenants equity in the homes they live in while scoring 17.17% average annual returns for investors – here&#8217;s how to join with just $100</a>
Instead of just accepting job losses, Dimon emphasized that companies and society need to find better ways to help those impacted by these changes. &#8220;We have to find a better way to help the people who get hurt by it,&#8221; he stated. For its part, JPMorgan is committed to retraining and redeploying employees whose roles are affected: &#8220;We love to retrain people, redeploy them, re-educate them. And so I&#8217;m not worried about it.&#8221;
Dimon&#8217;s message was straightforward: <a href="https://www.benzinga.com/news/24/04/38149277/jamie-dimon-equates-ai-to-printing-press-steam-engine-consequences-will-be-extraordinary">technology has enormous advantages</a> that can enhance our lives, increase productivity and keep us healthy. But we shouldn&#8217;t dismiss the potential consequences that these developments will bring about. While AI will undoubtedly alter how people work, he believes this won&#8217;t necessarily result in a general loss of jobs. &#8220;If it works for the customer and the client, we can kind of do more,&#8221; implying that successful businesses can continue to expand while assisting their employees in adjusting to these changes.
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a>
Dimon also discussed how the current economic environment is affecting companies going public. He said that because they have <a href="https://www.benzinga.com/24/04/38086273/5-ways-for-retail-investors-to-access-the-private-equity-sector-from-etfs-to-online-platforms">access to private finance</a> and wish to avoid the high costs and restrictions associated with initial public offerings (IPOs), many tech businesses opt not to go public now.&nbsp;
&#8220;It&#8217;s a little odd that public markets are quite elevated and IPOs haven&#8217;t come very much yet,&#8221; he said. He believes that eventually, companies will need to go public to provide liquidity for investors, but for now, the private markets are strong enough to support them.
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Startups

JPMorgan CEO Jamie Dimon Says We Shouldn't Put Our Heads In The Sand, 'We Have To Find A Better Way To Help The People Who Get Hurt By AI'

NIO Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares are trading lower by 0.6% to $5.75 during Tuesday&#8217;s session and are lower by 10% since Monday&#8217;s open. Shares of US-listed Chinese stocks are trading lower after China&#8217;s September exports missed estimates. Concerns over the effectiveness of China's <a href="https://www.benzinga.com/markets/asia/24/10/41329479/alibaba-nio-jd-com-and-other-us-listed-china-stocks-tumble-as-investors-await-clarity-on-fiscal-stim">latest stimulus measures</a> has also rattled investors.
The electric vehicle maker saw its stock decline alongside other Chinese companies, amid doubts that Beijing's recent economic support package will significantly boost growth.
What To Know: NIO, a key player in China's EV market, is heavily reliant on strong domestic demand and government subsidies to maintain its growth trajectory. 
However, the stimulus plan announced over the weekend—while offering support for low-income households and the property market—lacked concrete figures and specific incentives for the EV industry. This left investors unimpressed, fearing it may not provide the necessary boost to consumer spending.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/10/41328272/unitedhealth-q3-earnings-revenue-and-eps-beat-revises-annual-profit-guidance-as-change-healthcare-c">UnitedHealth Q3 Earnings: Revenue And EPS Beat, Revises Annual Profit Guidance</a>
Prior reports suggested that China might inject up to 2 trillion yuan ($284.4 billion) in sovereign bonds to help revive the economy, but the absence of definitive commitments has raised doubts about how much the plan will benefit automakers like NIO. 
With no new EV-specific subsidies in sight, concerns are growing that demand for high-end electric vehicles could soften amid broader economic uncertainty.
NIO is also navigating challenges from heightened U.S.-China tensions, particularly restrictions on access to key technologies like semiconductors and AI systems, which are essential for innovation in the EV space. These geopolitical headwinds, combined with a slowing Chinese economy, present significant hurdles for NIO&#8217;s growth prospects.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea">Financial Sector Hits Record Highs As Goldman Sachs, Bank of America, Citi Beat Q3 Earnings Expectations</a>
<h2 class="wp-block-heading">How To Buy NIO 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 NIO&#8217;s case, it is in the Consumer Discretionary 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>, NIO has a 52-week high of $9.57 and a 52-week low of $3.61.

Why NIO Stock Is Moving

Earnings

ASML

ASML Holding NV CFO Expects Percentage Of China Business As Part Of Total Business To Show More Normalized Percentage In Order Book; At Midpoint, Expects Low NA EUV Tools To Be Below 50 Tools For 2025; We Expect China To Come In At Around 20% Of Our Total Revenue For Next Year

Guidance

British American Tobacco Backs 2024 Guidance

Sidoti &amp; Co. analyst Marc Riddick upgrades Kforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFRC#NYSE">KFRC</a>) from Neutral to Buy and announces $71 price target.

Upgrades

Price Target

Analyst Ratings

KFRC

Sidoti & Co. Upgrades Kforce to Buy, Announces $71 Price Target

Shares of Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) were climbing in early trading on Tuesday, after having <a href="https://www.benzinga.com/quote/MBLY">lost around 68% year to date</a>.
There is uncertainty around the company's Western OEM (original equipment manufacturer) wins on premium products like SuperVision, according to RBC Capital Markets.
<a href="https://www.benzinga.com/topic/tom-narayan">Analyst Tom Narayan</a> downgraded the rating for Mobileye Global from Outperform to Sector Perform, while reducing the price target from $24 to $11.
The Mobileye Global Thesis: Although the company is in active discussions with 14 OEMs on premium products, the clarity around these could come only after six to twelve months, Narayan said in the downgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"The concern for us, however, is that given large '24 guidance cuts coming out of BMW, Mercedes, Volkswagen, and Stellantis in just the past few weeks, and cautious commentary coming from other OEMs, we think it less likely that there will be MBLY win announcements near term," he added.
While several OEMs are "focused on managing elevated dealer inventories without needing to sacrifice too much on pricing," some of them are cutting production, which creates substantial headwinds for Mobileye Global's free cash slows in the near term, the analyst stated.
"Finally, there are investor concerns that MBLY's China SV exposures, notably Zeekr and FAW, might not be as robust," he further wrote.
Price Action: Shares of Mobileye Global had risen by 1.47% to $13.20 at the time of publication on Tuesday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40949356/mobileye-soars-after-intel-says-it-will-not-sell-majority-stake">Mobileye Soars After Intel Says It Will Not Sell Majority Stake</a></li>
</ul>
Image: Courtesy of Mobileye

Analyst Color

Long Ideas

Downgrades

MBLY

Mobileye Global Analyst Blames Lack Of Clarity Around OEM Wins For Downgrade

Phase 1 Data Shows TVGN 489 Well-Tolerated With 99% Viral Elimination By Day 14 In High-Risk Patients; Persistence Of Donor-Derived CTLs Observed Through 6-Month Follow-Up; CEO Believes ExacTcell Platform Will Revolutionize Cell Therapy Across Virology, Oncology, And Neurology

Biotech

General

TVGN

Tevogen Bio Highlights Promising Trial Data As CEO Expresses Optimism About Scientific Breakthrough In Mainstreaming Off-The-Shelf T-Cell Therapies

WIIM

EXEL

Exelixis shares are trading higher after the company announced it won a patent infringement case against MSN Labs for cabometyx malate salt patents.

By <a href="https://www.benzinga.com/author/todd-harrison" target="_blank" rel="noreferrer noopener">Todd Harrison</a> via <a href="https://substack.com/@toddharrison" target="_blank" rel="noreferrer noopener">Cannabis Confidential</a> (October 13)
After last week's trip to Chicago for the <a href="https://toddharrison.substack.com/p/soldier-field">BZ Cannabis Capital Conference</a>, I headed west, young man, for a long-overdue sit-down with Sonny Newman, the founder &amp; CEO of C21 Investments (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CXXIF#OTC">CXXIF</a>), Nevada's first licensed operator in 2015.
When we began advising this company five years ago, there had been a change of control. Prior management was overly promotional, we learned, and Sonny retook control with a unique twist: he loaned the company over $30M dollars.
Fast forward to today: five straight years of positive free cash flow retired Sonny's $30M in senior debt, paid $7.5M in 280E taxes and funded a $3M cultivation expansion. There have been no financings or shares issued. In fact, C21 reduced its fully diluted stack by 4% over that span.
Not only is C21 the only public cannabis company to pay off its senior debt via free cash flow, it's also the only public cannabis company to have the same number of shares outstanding as it did at all-time highs; in short, Sonny is a shrewd steward of capital.
I was keen to meet this man, the cannabis equivalent of William Wallace, as our primary points of contact on the relationship were Bruce Macdonald (Chairman) and Sammy Armenia (VP), both of whom were slated to meet me in the northern Nevada desert.
<ul>
<li><a href="https://substack.com/@toddharrison" target="_blank" rel="noreferrer noopener">Click here</a> to get Cannabis Confidential delivered to your inbox daily.</li>
</ul>
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9c45c514-1265-47a0-b97f-e280dcade9f4_496x280.gif" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9c45c514-1265-47a0-b97f-e280dcade9f4_496x280.gif" alt="" /></a></figure>
With Sammy a late scratch (flu), I finagled my way <a href="https://toddharrison.substack.com/p/soldier-field">from Chicago</a> (to LV to) Reno Wednesday night to meet Bruce and, after stealing a few hours of shuteye, went to meet Sonny for breakfast before the planned cultivation and dispensary tours.
I didn't know what to expect when I walked into the restaurant Thursday morning. A pop culture stan, my perception of Nevada is shaped entirely by people named Ace Rothstein and Nicky Santoro. Sonny wasn't that; he was quiet, soft-spoken.
He didn't say much but what he said carried weight.
We headed to the cultivation facility, where the internally funded doubling of capacity was on full display. The operational expansion was initiated when they closed on a new retail dispensary, a combined effort they expect will drive double-digit growth and potentially double profitability.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb45998c4-2212-4f4d-96dd-62c2591d9538_1920x1440.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb45998c4-2212-4f4d-96dd-62c2591d9538_1920x1440.jpeg" alt="IMG_9209.jpg" title="IMG_9209.jpg" /></a></figure>
The indoor cultivation facility is 104K sq. ft.
From there we headed to Sparks, where the very first dispensary in the state of Nevada—the O.G Silver State—sits in some sorta time machine in the back of the facility…
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdf870792-2a6d-4ce4-ac30-fa705745297b_1920x1440.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdf870792-2a6d-4ce4-ac30-fa705745297b_1920x1440.jpeg" alt="IMG_9222.jpg" title="IMG_9222.jpg" /></a></figure>
the first store in the state of Nevada
…while this 8000 sq. ft. dispensary with over 700 SKUs is the new front-of-house.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fed4be813-fa32-40e0-a732-e45a158c08f7_640x481.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fed4be813-fa32-40e0-a732-e45a158c08f7_640x481.jpeg" alt="IMG_9226.jpg" title="IMG_9226.jpg" /></a></figure>
The numbers speak for themselves. Silver State crushes the in-state competition, averaging $12.5M in sales ($4M EBITDA) per store vs. state-average sales of $7M.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fee0405bc-d62a-4737-a4a6-b7372cee3bc0_1179x319.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fee0405bc-d62a-4737-a4a6-b7372cee3bc0_1179x319.jpeg" alt="Screenshot 2024-10-12 at 8.33.30 AM.jpeg" title="Screenshot 2024-10-12 at 8.33.30 AM.jpeg" /></a></figure>
Until recently Silver State had two retail outlets: Sparks, and a 6K sq. ft. Fernley store that together service more than half a million loyal customers each year.
"We know our customer and our customer knows us," Sonny noted as he spoke to his blue-collar roots and drove to the new shop, a third dispensary in South Reno.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5f122a96-8223-4cac-880c-95e636d452ee_1920x1440.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5f122a96-8223-4cac-880c-95e636d452ee_1920x1440.jpeg" alt="IMG_9218.jpg" title="IMG_9218.jpg" /></a></figure>
The first thing I noticed about the new store was its neighbors. Located in a busy strip mall, it was bustling with all sorts of consumers doing all sorts of things.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd6fadb33-a903-4e3a-94c0-414b1837ad77_1440x1920.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd6fadb33-a903-4e3a-94c0-414b1837ad77_1440x1920.jpeg" alt="IMG_9223.jpg" title="IMG_9223.jpg" /></a></figure>
The inside was immaculate as we made our way around the facility at that early hour, and I monitored a steady stream of locals purchasing their favorite products.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb4682b3b-e282-4890-bd14-944b7e9916e5_1920x1440.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb4682b3b-e282-4890-bd14-944b7e9916e5_1920x1440.jpeg" alt="IMG_9224.jpg" title="IMG_9224.jpg" /></a></figure>
In my enduring commitment to due diligence, I purchased their signature White Widow pre-roll and tucked it away for a later hour, but it was quite good. Cannabis might be a weed but growing great cannabis at an affordable price is a skill.
There are some solid stories in this space and more than our fair share of fugazis but only a unique few are debt-free with a proven track record and an easy-to-understand growth path, and that's before any help from the feds.
All that, with one hell of a card player at the helm…
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdaa05d68-ef59-4d2e-92d4-bd0155bf95a3_1200x1200.jpeg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdaa05d68-ef59-4d2e-92d4-bd0155bf95a3_1200x1200.jpeg" alt="C21 Investments on X: &quot;Be sure to tune in to @MidasLetter ..." title="C21 Investments on X: &quot;Be sure to tune in to @MidasLetter ..." /></a></figure>
C21 CEO Sonny Newman
…who's holding a stacked hand. Not that anyone is paying attention to this table…
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6d4ab3da-cdc9-4911-9687-81823e1901e8_736x530.gif" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6d4ab3da-cdc9-4911-9687-81823e1901e8_736x530.gif" alt="" /></a></figure>
CXXIF one-year chart
…but if I learned one thing during my quick trip to the desert, it's that it's prolly not wise to bet against Sonny Newman, particularly when his market cap is only $25M.
Have a safe journey and please <a href="https://joelpollack.com/">enjoy responsibly</a>.
If you'd like to help Mission [Green] change federal cannabis policies, please <a href="https://www.projectmissiongreen.org/donate">click here.</a>
CB1 Capital has a position in C21 and Todd Harrison sits on the Board. Nothing contained herein should be considered advice.
Photo by <a href="https://unsplash.com/@nceglia?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">Nicholas Ceglia</a> on <a href="https://unsplash.com/photos/a-city-street-with-a-sign-that-says-reno-the-biggest-little-city-in-the-world-wkpgyq-UJd8?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">Unsplash</a>
This article is from an external unpaid contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Cannabis

CXXIF

The Biggest Little Company In Cannabis: C21 Investments Dominates Reno, NV

APA Corp shares are trading lower after Piper Sandler lowered its price target on the stock from $29 to $28.

XCUR

Exicure Shares Halted On Circuit Breaker To The Downside, Stock Now Up 6.59%

Phillip Securities analyst Glenn Thum upgrades Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) from Neutral to Accumulate and raises the price target from $60.83 to $65.

Phillip Securities Upgrades Wells Fargo to Accumulate, Raises Price Target to $65

CVS Health Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) shares are trading lower by 2.1% to $66.04 during Tuesday&#8217;s session. Shares of health insurers are trading lower in sympathy with UnitedHealth Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), which reported third-quarter <a href="https://www.benzinga.com/news/earnings/24/10/41328272/unitedhealth-q3-earnings-revenue-and-eps-beat-revises-annual-profit-guidance-as-change-healthcare-c">financial results</a> and lowered the upper end range of annual EPS outlook.
What To Know: UnitedHealth, which operates the Optum health services arm and the UnitedHealthcare insurance business, reported adjusted earnings per share (EPS) of $7.15, beating Wall Street expectations of $7.00. 
This earnings growth came as the company expanded its domestic customer base by 2.4 million people in its commercial offerings and reported revenues of $100.8 billion, up by 9.1% year over year.
The report signaled a strengthening grip on both healthcare services and insurance, areas where CVS also seeks to grow, especially after its acquisition of Aetna in 2018.
Optum, a direct competitor to CVS&#8217;s healthcare service operations, posted revenues of $63.9 billion for the quarter, reflecting significant year-over-year growth. This division provides healthcare services, including pharmacy services, and the strong performance suggests increasing pressure on CVS's Caremark PBM segment.
Read Also: <a href="https://www.benzinga.com/markets/asia/24/10/41329479/alibaba-nio-jd-com-and-other-us-listed-china-stocks-tumble-as-investors-await-clarity-on-fiscal-stim">Alibaba, Nio, JD.Com And Other US-Listed China Stocks Tumble As Investors Await Clarity On Fiscal Stimulus Plan</a>
As Optum grows, CVS may face challenges in retaining market share in both PBM and healthcare services, especially as it tries to integrate its own recent acquisitions such as Oak Street Health and Signify Health to enhance its primary care and home health offerings.
What Else: UnitedHealth&#8217;s lowered EPS guidance of $15.50 to $15.75 for 2024, down from the previous $15.95 to $16.40, did little to offset market concerns about CVS. 
Although the adjusted EPS outlook for UnitedHealth remained in line with expectations at $27.50 to $27.75, reflecting the impact of a recent cyberattack on its Change Healthcare business, the overall performance highlighted the company's resilience in absorbing operational challenges.
For CVS, which is still integrating several recent acquisitions and facing ongoing scrutiny of its PBM practices, the competitive landscape looks more challenging as UnitedHealth continues to assert its strength.
Moreover, UnitedHealth&#8217;s expansion in membership and service capabilities places pressure on CVS's strategy to grow its healthcare footprint. 
CVS has heavily invested in building out its healthcare services beyond traditional pharmacy offerings, but with UnitedHealth&#8217;s strong earnings growth, CVS may face difficulties in executing its expansion plans at a competitive pace.
Investors are also reacting to broader concerns about CVS's exposure to regulatory risks. Both CVS and UnitedHealth have requested the recusal of Federal Trade Commission (FTC) Chair Lina Khan in ongoing litigation over pharmacy benefit manager (PBM) practices, an area under intense scrutiny.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea">Financial Sector Hits Record Highs As Goldman Sachs, Bank of America, Citi Beat Q3 Earnings Expectations</a>
<h2 class="wp-block-heading">Is CVS A Good Stock To Buy?</h2>
Wall Street analysts view CVS Health on the whole as a Neutral, given the history of coverage over the past three months. Charles Ryhee from TD Cowen in CVS Health is the most optimistic, expecting a 44.07% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, CVS Health rose 6.3%, which indicates that opinion improved on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 2.6% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
CVS has a 52-week high of $83.25 and a 52-week low of $52.77.

Why CVS Health Stock Is Trading Lower

Good Morning Traders! In today&#39;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market&#39;s pulse to optimize your trading gains. Now, let&#39;s dive into the stock analysis:
<h3>SPDR S&amp;P 500 ETF Trust</h3>
The SPY&nbsp;(ARCA: SPY) is currently hovering around the 583.18 level. For a bullish outlook, we want to see a move upward towards 585.37. If buying momentum persists above this level, we could see a push toward 587.31. Holding this area during the session could lead to a further advance to 589.71, with the highest target for bulls on the day sitting at 593.59.
If 583.18 fails to hold as support, bears will likely aim to bring the price down to 581.97. If this level is tested and sellers take control, the next key level to watch is 580.67. A break below this could lead to a deeper move toward 579.12, and if selling pressure continues, we could see SPY testing the low bear target of 577.87.
<h3>Invesco QQQ Trust Series 1</h3>
QQQ (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) is currently trading near the 496.94 level. If the bulls want to see upside momentum, holding above this level is crucial. A break higher could lead to a challenge of the 498.37 level, followed by a potential rise to 499.44. If the session stays strong, we could see the price climb to 501.07, with the high bull target for the day positioned at 502.65.
On the other hand, if 496.94 cannot hold, bears may begin to drive the price lower. Initial support could be found around 495.35, but a break below this level may open the door to a test of 493.60. Continued selling could take the price down to 491.82, and the low bear target for the day is set at 490.05 if the downside accelerates.
<h3>Apple Inc. </h3>
Apple&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) is currently auctioning near 231.76. For the bulls, holding this level could lead to a rally toward 233.28. If buying strength continues, the next target could be 234.20. Should Apple maintain its upward trajectory, bulls could aim for a high target of 234.97 by the end of the session.
If 231.76 fails to hold as support, bears may start applying pressure, pushing the price down to 230.25. A sustained break below this could result in a drop to 229.03, and further selling may bring the stock to 227.82. If this level doesn&rsquo;t hold, the low bear target for Apple is set at 226.90.
<h3>Microsoft Corp.</h3>
Microsoft&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) is currently around 420.26, and bulls will look for price action to remain strong above this level. If it does, we could see a push toward 421.62, which needs to hold as support for continued strength. Beyond this, 422.84 could become the next target, with the high bull target for the day being 423.81.
Should 420.26 give way, bears could step in, aiming to test the downside at 419.17. A break below this level may bring 417.25 into focus, followed by a potential move to 416.32. The low bear target for Microsoft today is 414.56 if sellers remain dominant throughout the session.
<h3>NVIDIA Corporation </h3>
NVIDIA (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) is currently hovering around the key level of 136.98. For the bulls, holding above this point could fuel a move higher to 137.94. If momentum remains strong, the price could rise to 138.55, with continued buying potentially driving the stock toward 139.42. The highest target for bulls today sits at 140.28.
If 136.98 fails to act as support, we expect bears to take over, potentially driving the price down to 135.64. If this level breaks, 134.56 could be tested next. Should selling pressure remain heavy, the auction may test the 133.31 level, with the low bear target on the day set at 132.19.
<h3>Alphabet Inc Class A</h3>
Alphabet&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) is auctioning around 165.41. Bulls will aim to defend this level, with a potential rally toward 167.04 if buying pressure increases. If the session stays strong, 169.34 could come into play as a bullish target.
However, if 165.41 fails to hold as support, the bears may push the price lower to 163.79. Should selling continue, the next downside target would be 161.79, with a low bear target of 160.36 if weakness dominates the session.
<h3>Meta Platforms Inc</h3>
Meta&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>) is currently around 591.29. Bulls need to hold this level and drive the price toward 598.17, where further buying pressure could see the stock advance to 604.50. If Meta rallies with strength, the high bull target on the day would be 609.30.
If 591.29 fails to hold, bears could take over, aiming to push the stock lower to 585.73. If this level breaks, 580.17 becomes the next downside target, with a further move potentially reaching the low bear target of 573.25.
<h3>Tesla Inc. </h3>
Tesla&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) is currently near 217.78, and bulls will aim to push the price toward 219.39. Continued buying could lead to a test of 220.65, with further strength possibly driving the stock to 222.19. The high bull target for Tesla on the day is 223.98 if bullish momentum persists.
If 217.78 fails to hold, bears could step in and drive the price down to 216.31. A break below this level might lead to a test of 213.88. Continued selling could bring Tesla down to the low bear target of 211.53 for the session.
Final Word: Today&rsquo;s trading session offers relatively light economic data, but there are still notable events to watch. At 8:30 AM ET, Canada&rsquo;s CPI for September will be released, potentially impacting the markets. Later in the morning, at 11 AM ET, we&rsquo;ll see the New York Fed Survey of Consumer Expectations for September, providing insights into consumer sentiment and inflation expectations.
In the afternoon, at 2 PM ET, the Fed will release its Discount Rate Minutes, which could offer additional clues about the Federal Reserve&rsquo;s current thinking on monetary policy. We will also hear from two voting members of the Fed today: Daly at 11:30 AM ET and Kugler at 1:05 PM ET. Their commentary could add more context to the Fed&rsquo;s outlook. Stay sharp, manage your risks carefully, and good luck trading today!
The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.
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For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at <a href="https://marketclubhouse.club/7Days/" title="https://marketclubhouse.club/7Days/">https://marketclubhouse.club/7Days/</a> where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: <a href="https://www.youtube.com/@MarketClubhouse" title="https://www.youtube.com/@MarketClubhouse">https://www.youtube.com/@MarketClubhouse</a>.
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.

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Market Clubhouse Morning Memo - October 15th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)

<a href="https://www.youtube.com/watch?v=UFENp-4MN8E" title="https://www.youtube.com/watch?v=UFENp-4MN8E">https://www.youtube.com/watch?v=UFENp-4MN8E</a>

Federal Reserve

Fed's Daly Says Labor Market Has Cooled, Largely Normalized From Pandemic; Current Unemployment Rate Near Long-Run Level; Economy Is Clearly In A Better Place, Inflation Eased A Lot; Data Shows Public Expects Inflation To Ease More Over Time; Fully Expects Economy To See Bumps, Disturbances And Scares; Job To Achieve Soft Landing Is Not Complete

Foot Locker shares are trading higher after the company announced a partnership with the Chicago Bulls.

Fed's Daly Says Fed Monetary Policy Still Restrictive, Working To Lower Inflation; Continued Progress On Fed Goals Not Assured, Fed Must Remain Vigilant; Fed Must Deliver 2% Inflation While Keeping Job Market At Full Employment; Risks To Fed Job, Inflation Mandates Now More Balanced; September Rate Cut Right-sized Monetary Policy; A Continued Expansion Remains Very Possible

DGLY, KUKE among major communication services gainers; DRCT, FNGR among losers

GMGI, ATUS among major communication services gainers; AMC, TDS among losers

Earnings week ahead: Oracle, Adobe, Broadcom and more

Zedge Q3 2024 Earnings Preview

Notable earnings after Monday's close

Zedge, Inc. (ZDGE) Q3 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Zedge (NYSEMKT:<a href="https://investorplace.com/stock-quotes/zdge-stock-quote/">ZDGE</a>) just reported results for the third quarter of 2024.<ul><li>Zedge reported earnings per share of 3 cents.</li><li>The company reported revenue of $7.66 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/06/zdge-stock-earnings-zedge-for-q3-of-2024/">ZDGE Stock Earnings: Zedge Reported Results for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

ZDGE Stock Earnings: Zedge Reported Results for Q3 2024

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Zedge (ZDGE – Research Report), Meta P...

Analysts Offer Insights on Communication Services Companies: Zedge (ZDGE), Meta Platforms (META) and Paramount Global Class B (PARA)

Too Early To Go Long Zedge

Zedge authorizes new buyback program of $5M class B stock

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Press Releases

Zedge Announces Second Quarter Fiscal 2024 Results

Events

Zedge to Present at The LD Micro Invitational XIV

Zedge to Join the Russell Microcap Index

Zedge To Report Third Fiscal Quarter 2024 Results

Zedge Announces Third Quarter Fiscal 2024 Results

Zedge and Emojipedia Celebrate World Emoji Day by Introducing The "Emoji Playground"

Zedge Marketplace Data Reveals Strong Consumer Preference for AI-Generated Content

Zedge to Participate in the Maxim Group 2024 Gaming, Media & Entertainment Virtual Conference

Zedge Announces New $5 Million Share Repurchase Program

Zedge Unveils Significant Enhancements to its Gen AI Creation Tool for iOS

The Arena Group Holdings, Inc. Common Stock

Arena Group Holdings

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Cheer Holding, Inc. - Class A Ordinary Share

Cheer Holding

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Fangdd Network Group

Phoenix New Media Limited American Depositary Shares, each representing 48 Class A ordinary shares.

Phoenix New Media

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