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Analyst Says MicroStrategy Inc.'s Bold Bitcoin Strategy Still Has Room To Run
Benzinga· 2025-05-02 20:41
Canaccord Genuity analyst Joseph Vafi reiterated the Buy rating on MicroStrategy Inc. MSTR on Friday, raising the price forecast from $409 to $464.This week, the company reported first-quarter revenue of $111.07 million, falling slightly below analyst expectations, while posting a significant adjusted loss of $16.53 per share.Despite this, MicroStrategy's Bitcoin holdings, now totaling 553,555 BTC, have helped reinforce investor confidence. Year-to-date, the firm has acquired over 15,000 Bitcoin at an avera ...
Riot Platforms Powers Up: Analyst Gives 4 Reasons Why He Is Bullish
Benzinga· 2025-05-02 20:37
Needham analyst John Todaro reiterated the Buy rating on Riot Platforms, Inc. RIOT on Friday, lowering the price forecast from $13.50 to $12.On Thursday, the company reported first quarter results, in which total revenue was up from $79.3 million in the prior year's quarter, primarily driven by a $71.5 million increase in Bitcoin mining revenue.The Bitcoin miner produced 1,530 Bitcoin in the first quarter, up from 1,364 in the first quarter of 2024. Riot's average cost to mine totaled $43,808 in the quarter ...
Becton Dickinson Vitals Drop: Analysts 'Have Been Wrong' On This Med Tech Stock For Years
Benzinga· 2025-05-02 20:33
Becton Dickinson, and Company BDX lowered its fiscal year 2025 guidance and provided an estimated tariff impact on Thursday.The medical device company reported adjusted earnings per share of $3.35, up from $3.17 a year ago. It beat the consensus of $3.28.The company reported first-quarter 2025 sales of $5.27 billion, up 4.5% year-over-year, missing the consensus of $5.35 billion.Becton Dickinson expects fiscal 2025 revenues of $21.8 billion and $21.9 billion. Its previously issued guidance of $21.7 billion  ...
Temu stops shipments from China as Trump axes trade loophole
New York Post· 2025-05-02 20:30
Temu on Friday said it has stopped shipments of cheap goods from China to the US as President Trump axed a trade loophole that allowed the fast-fashion giant to sidestep tariffs and customs checks.Its US website has shifted to offer only what it calls “local” items – or products that were shipped overseas in bulk and stored in US warehouses in a mad dash to beat Trump’s tariffs.“All sales in the US are now handled by locally based sellers, with orders fulfilled from within the country,” a Temu spokesperson ...
Beyond Oil Expands to Greece with New Distribution Agreement
GlobeNewswire· 2025-05-02 20:30
Agreement with Global Foods Marks Company's Initial Entry into Greek Market with Plans to Expand Collaboration in the FutureVANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 02, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that it has signed a di ...
Zhibao Technology Inc. Announces Revised Financial Results for the Six Months Ended December 31, 2024
Newsfile· 2025-05-02 20:30
Zhibao Technology Inc. Announces Revised Financial Results for the Six Months Ended December 31, 2024May 02, 2025 4:30 PM EDT | Source: Zhibao Technology Inc.Shanghai, China--(Newsfile Corp. - May 2, 2025) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced revised financial results for the six months e ...
New Data at DDW 2025 Further Demonstrates the TissueCypher® Test's Ability to Identify Patients at Increased Risk for Developing Esophageal Cancer
GlobeNewswire News Room· 2025-05-02 20:30
Additionally, an expert physician panel convened by EndoscopyNow will host a product theater on Sunday, May 4, at 2:45 p.m. Pacific Time, titled, “The Time is Now: A Clinical Practice Model to Help Prevent Progression from Barrett's to EAC” FRIENDSWOOD, Texas, May 02, 2025 (GLOBE NEWSWIRE) -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, will share new data on its TissueCypher Barrett’s Esophagus test via two posters at the Digestive Di ...
Xilio Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
GlobeNewswire News Room· 2025-05-02 20:30
WALTHAM, Mass., May 02, 2025 (GLOBE NEWSWIRE) -- Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced that, effective May 1, 2025, the company granted a non-qualified stock option to purchase 5,000 shares of its common stock to one new employee under Xilio Therapeutics’ 2022 Inducement Stock Incentive Plan. The stock options have an exercise price of $0.755 per share, ...
Is the Options Market Predicting a Spike in Atour Lifestyle Holdings (ATAT) Stock?
ZACKS· 2025-05-02 20:26
Investors in Atour Lifestyle Holdings Limited (ATAT) need to pay close attention to the stock based on moves in the options market lately. That is because the May 16, 2025 $10 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. ...
Geopolitics, AI Drive Prospects in Semiconductors: 2 Stocks
ZACKS· 2025-05-02 20:26
Companies in the Semiconductor – General industry are at the forefront of the ongoing technological revolution based on HPC, AI, electrified and automated driving, IoT and so forth. The semiconductors they produce enable the cloud to function and help analyze data into actionable insights that can be used by companies to operate more efficiently. Given the strong growth outlook, share prices continue to soar, leading to rich valuations. Despite this, we continue to like NVIDIA Corp. (NVDA) and think that Te ...