EVgo에 대한 매도 수량은 투자자에게 EVgo의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

EVgo (NASDAQ:EVGO) 주식, 공매도 수량 보고

EVgo

EVgo owns and operates a public direct current fast-charging network in the us. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. The network is capable of charging all EV models and meets all charging standards currently available in the us. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments, and independent property owners to locate and deploy its EV charging infrastructure.

Analyst Color

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Analyst Ratings

Trading Ideas

EVGO

EV고(NASDAQ:EVGO)는 12억 5천만 달러의 미국 에너지부(DOE) 대출 보증을 확보하여 투자자들을 놀라게 했다. JP모건의 애널리스트인 빌 피터슨(Bill Peterson)에 따르면, 이 이정표는 EV고가 향후 5년 안에 7,500개 이상의 급속 충전소를 배치하고 지분 희석을 피할 수 있도록 설정해 주며, 회사 성장 스토리에서 중추적인 단계가 된다.

EV고: 12억 5,000만 달러 &#39;연말 선물&#39;로 JP모건의 최우수 주식 목록에 선정

Markets

Tech

CHPT

TSLA

전기차(EV) 충전 관련 주식들이 11월에 브레이크를 밟고 1개월 동안 21% 하락하며, 넓은 시장 지수와 EV 섹터 평균 모두 뒤처졌다. 하지만 JP모건의 애널리스트 빌 피터슨(Bill Peterson)은 EV고(NASDAQ:EVGO)에서 밝은 모습을 보고 있다. EV고는 업계의 저조한 성장에도 불구하고 동종업계의 경쟁사들보다 앞서 나가고 있다.

어려운 시장 상황에 차지포인트가 휘청, EV고는 $10억의 자금을 확보하며 성장

AZEK

PLUG

지속 가능한 투자가 2025년으로 향하는 엇갈린 신호에 직면함에 따라 일부 주식은 ESG 촉매제의 혜택을 받을 수 있는 좋은 위치에 있다. 2024년에 광범위한 지속가능 펀드가 시장 대비 저조한 성과를 보였지만, 녹색 성장 트렌드를 활용하는 주식에는 여전히 기회가 존재한다.

플러그 파워와 EV고는 JP모건의 2025년 지속 가능한 최고 투자 종목 중 하나

EVgo Inc

EVgo Inc. - Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50

Wedbush Securities analyst and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull Dan Ives said on Sunday that he is raising the price target on the EV giant&#8217;s stock from $400 to $515. 
What Happened: &#8220;&#8230;we believe the Trump White House will be a &#8216;total game changer&#8217; for the autonomous and AI story for Tesla and Musk over the coming years,&#8221; Ives said in a post on social media platform X. 
&#8220;Bull case is $650 for 2025. AI/autonomous opportunity is worth at least $1 trillion.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Raising price target on Tesla to $515 as we believe the Trump White House will be a &quot;total game changer&quot; for the autonomous and AI story for Tesla and Musk over the coming years. Bull case is $650 for 2025. AI/autonomous opportunity is worth at least $1 trillion &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;&#x1f4cd;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1868365307636801629?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
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Ives believes Tesla could touch a market cap of $2 trillion by 2025-end with the company&#8217;s vision for autonomous driving finding a more concrete structure. Wedbush&#8217;s current price target, however, assumes no value for the company&#8217;s Optimus humanoid robot which Ives said &#8220;could be a major upside catalyst for the Tesla story.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We believe Tesla could reach a $2 trillion market cap by the end of 2025 as the company&#39;s autonomous vision starts to take shape. Importantly, our price target conservatively assumes no value today for Optimus which could be a major upside catalyst for the Tesla story &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;&#x1f447; <a href="https://t.co/IBxilcLgC3">https://t.co/IBxilcLgC3</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1868414138105618765?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
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Why It Matters: Tesla stock closed up 4.3% at $436.23 on Friday. The stock is up by around 76% year-to-date, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
33 analysts together have a consensus rating of &#8220;Buy&#8221; on Tesla. Brokerage Stifel gave Tesla a price target of $411 earlier this month while maintaining a &#8220;buy rating.&#8221;
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/TSLA/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16041724/Screenshot-2024-12-16-at-2.47.16%E2%80%AFPM.png" alt="" class="wp-image-693380" /></a></figure>
Many, including Ives, are hopeful that Musk&#8217;s newly forged friendship with President-elect Donald Trump will enable a better environment for the deployment of autonomous vehicles while his other policies against EVs will harm smaller rival players, effectively reducing competition for Tesla. 
Last week, it was reported that a trump transition team responsible for devising a 100-day strategy for automotive policy wants the incoming administration to<a href="https://www.benzinga.com/24/12/42495770/trump-transition-team-advocates-for-abolishing-car-crash-reporting-rule-tesla-stands-to-gain"> abolish the requirement to report car crashes</a> if advanced driver assistance or autonomous driving technologies are engaged within 30 seconds of impact. Tesla has been a critic of the requirement. 
Musk's Tesla is developing a set of advanced driver assistance features called full self-driving with which it intends to enable&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/24/11/42038624/tesla-stock-is-trading-higher-monday-whats-going-on" target="_blank" rel="noreferrer noopener">vehicle autonomy in due time.</a>
In November, it was also reported that Trump&nbsp;is planning to&nbsp;<a href="https://www.benzinga.com/news/global/24/11/41999238/ross-gerber-blasts-teslas-support-for-ending-ev-tax-credit-as-insanity-amid-reported-policy-shift-under-trump-administration" target="_blank" rel="noreferrer noopener">end the $7,500 consumer tax credit</a>&nbsp;for purchasing EVs under the Inflation Reduction Act (IRA).
&nbsp;"In my view, we should end all government subsidies, including those for EVs, oil and gas," <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42005034/elon-musk-backs-calls-for-end-to-ev-subsidies-but-former-tesla-exec-warns-of-massive-drop-in-manufacturing-investments-if-trump-follows-through">Musk then wrote</a> on X.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42501487/cybertruck-production-rate-was-reduced-even-before-decembers-production-pause-says-tesla-researcher" target="_blank" rel="noreferrer noopener">Tesla's Cybertruck Production Rate Was Reduced Even Before December's Pause, Says Researcher</a></li>
</ul>
Image via Tesla

Price Target

Tech Bull Raises Tesla Price Target To $515, Predicts $1 Trillion AI Opportunity Under Trump White House: 'Total Game Changer'

Goldman Sachs analyst Eric Sheridan initiates coverage on Grindr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRND#NYSE">GRND</a>) with a Buy rating and announces Price Target of $20.

Initiation

GRND

Goldman Sachs Initiates Coverage On Grindr with Buy Rating, Announces Price Target of $20

Ascendiant Capital analyst Edward Woo maintains Alzamend Neuro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALZN#NASDAQ">ALZN</a>) with a Buy and lowers the price target from $35 to $32.

ALZN

Ascendiant Capital Maintains Buy on Alzamend Neuro, Lowers Price Target to $32

HEICO Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>) will release its fourth-quarter financial results, after the <a href="https://www.benzinga.com/quote/hei/earnings">closing bell, on Tuesday, Dec. 17</a>.
Analysts expect the Hollywood, Florida-based retailer to report quarterly earnings at 98 cents per share, up from 74 cents per share in the year-ago period. Heico projects quarterly revenue of $1.03 billion, compared to $936.45 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Aug 26, the company reported upbeat earnings for its third quarter.
Heico shares gained 0.6% to close at $256.89 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/HEI/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Truist Securities analyst Michael Ciarmoli maintained a Buy rating and raised the price target from $264 to $282 on Oct. 18. This analyst has an accuracy rate of 82%.</li>
<li>Morgan Stanley analyst Kristine Liwag maintained an Equal-Weight rating and boosted the price target from $245 to $265 on Oct. 18. This analyst has an accuracy rate of 71%.</li>
<li>B of A Securities analyst Ronald Epstein maintained a Buy rating and raised the price target from $250 to $285 on Sept. 19. This analyst has an accuracy rate of 61%.</li>
<li>Deutsche Bank analyst Scott Deuschle maintained a Buy rating and increase the price target from $235 to $271 on Sept. 4. This analyst has an accuracy rate of 70%.</li>
<li>RBC Capital analyst Ken Herbert maintained an Outperform rating and increased the price target from $250 to $272 on Aug. 28. This analyst has an accuracy rate of 68%.</li>
</ul>
Considering buying HEI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="408" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-1024x408.png" alt="" class="wp-image-693386" style="width:530px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-1024x408.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-300x119.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-768x306.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120.png 1512w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42482639/wall-streets-most-accurate-analysts-give-their-take-on-3-energy-stocks-with-over-6-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6% Dividend Yields</a></li>
</ul>

Earnings

Heico Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Ascendiant Capital analyst Edward Woo maintains Surgepays (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SURG#NASDAQ">SURG</a>) with a Buy and lowers the price target from $9 to $8.5.

SURG

Ascendiant Capital Maintains Buy on Surgepays, Lowers Price Target to $8.5

Ascendiant Capital analyst Edward Woo maintains Genasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>) with a Buy and raises the price target from $4.75 to $5.5.

GNSS

Ascendiant Capital Maintains Buy on Genasys, Raises Price Target to $5.5

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Zedge, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZDGE#NYSE">ZDGE</a>) to report quarterly earnings at 3 cents per share on revenue of $7.28 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Zedge shares gained 2.6% to $2.7999 in after-hours trading.</li>
<li>Analysts expect Compass Minerals International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMP#NYSE">CMP</a>) to post a quarterly loss at 45 cents per share on revenue of $209 million after the closing bell. Compass Minerals International shares gained 4.8% to $13.69 in the after-hours trading session.</li>
<li>The Western Union Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WU#NASDAQ">WU</a>) announced a new $1 billion share repurchase program. Western Union shares gained 1.7% to $10.94 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>After the closing bell, Mitek Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) is projected to post quarterly earnings at 17 cents per share on revenue of $41.31 million. Mitek Systems shares gained 1.4% to $8.90 in the after-hours trading session.</li>
<li>Analysts expect RCI Hospitality Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RICK#NASDAQ">RICK</a>) to earn 37 cents per share on revenue of $72.98 million for the latest quarter. The company will release earnings after the markets close. RCI Hospitality shares gained 1.5% to $52.85 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42482639/wall-streets-most-accurate-analysts-give-their-take-on-3-energy-stocks-with-over-6-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6% Dividend Yields</a></li>
</ul>

Pre-Market Outlook

MITK

RICK

ZDGE

Western Union, Compass Minerals International And 3 Stocks To Watch Heading Into Monday

<h3>Companies Reporting Before The Bell</h3>
• Zedge (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ZDGE#AMEX">ZDGE</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $7.28 million. 
<h3>Companies Reporting After The Bell</h3>
• Quipt Home Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QIPT#NASDAQ">QIPT</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $65.75 million. 
• Streamline Health Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRM#NASDAQ">STRM</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $5.31 million. 
• Red Cat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) is expected to report quarterly loss at $0.09 per share on revenue of $4.13 million. 
• Mitek Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) is expected to report quarterly earnings at $0.17 per share on revenue of $41.30 million. 
• RCI Hospitality Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RICK#NASDAQ">RICK</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $72.98 million. 
• Ark Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKR#NASDAQ">ARKR</a>) is estimated to report earnings for its fourth quarter. 
• Mama`s Creations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAMA#NASDAQ">MAMA</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $30.05 million. 
• Compass Minerals Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMP#NYSE">CMP</a>) is likely to report quarterly loss at $0.52 per share on revenue of $208.68 million. 
• Ocean Power Techs (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/OPTT#AMEX">OPTT</a>) is projected to report earnings for its second quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARKR

MAMA

OPTT

QIPT

RCAT

STRM

Earnings Scheduled For December 16, 2024

EV giant Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) said on Friday that the Cybertruck can now charge up to 325 kW on select V4 supercharger posts, making the charging process faster for its owners. 
What Happened: &#8220;Rollout in progress,&#8221; the company wrote on social media platform X.
Cybertruck customers can charge up to 325 kW at Lebec or Santa Ynez in California, Melissa in Texas, and Harrison in New York, among others. More locations will be added in the future, the company said. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/cybertruck?ref_src=twsrc%5Etfw">@cybertruck</a> can now charge up to 325kW on select V4 Supercharger posts. Rollout in progress.
&mdash; Tesla Charging (@TeslaCharging) <a href="https://twitter.com/TeslaCharging/status/1867760084400623864?ref_src=twsrc%5Etfw">December 14, 2024</a></blockquote>
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While V4 supercharging posts are capable of charging up to 500 kW on the V4 cabinet, they can charge only up to 325 kW on existing V3 cabinets, Max de Zegher, Tesla's Director of Charging, North America, said. The first charging sites with V4 Cabinets are expected to open in 2025. 
Tesla superchargers currently have a maximum charging rate of only 250 kW.&nbsp;However, the company is running a trial and trying to increase it on certain superchargers, Cybertruck lead engineer Wes Morrill <a href="https://www.benzinga.com/news/24/08/40179628/tesla-attempts-trial-to-increase-maximum-charging-rate-of-cybertrucks-on-supercharger-network">said in August</a>.
Why It Matters:&nbsp;As of the end of the third quarter, Tesla had 6,706 supercharger stations around the globe and 62,421 connectors.
During Tesla's annual shareholder meeting in June, Tesla CEO&nbsp;Elon Musk&nbsp;slammed rumors of the&nbsp;<a href="https://www.benzinga.com/news/24/05/38757383/elon-musk-announces-500m-investment-in-teslas-supercharger-network-expansion-in-2024" target="_blank" rel="noreferrer noopener">death of its supercharger network&nbsp;</a>following a&nbsp;<a href="https://www.benzinga.com/news/24/10/41200538/tesla-supercharger-network-growth-slows-sequentially-ev-giant-adds-2-800-stalls-in-q3" target="_blank" rel="noreferrer noopener">major layoff in April&nbsp;</a>as "greatly exaggerated." Tesla will invest $500 million in expanding the network this year, Musk then said.
Tesla's company-wide layoffs in April impacted&nbsp;<a href="https://www.benzinga.com/news/24/05/38846223/elon-musk-fired-supercharger-chief-rebecca-tinucci-and-her-entire-team-after-she-refused-to-lay-off" target="_blank" rel="noreferrer noopener">500 members of the supercharging team</a>&nbsp;and&nbsp;Rebecca Tinucci, Tesla's then Senior Director of Charging Infrastructure, left the company.
Tesla&#8217;s Cybertruck has less range as compared to certain of its other offerings such as the Model S all-wheel drive. The company is planning to start production of a <a href="https://www.benzinga.com/news/24/07/40009883/senior-tesla-executive-reveals-cybertruck-range-extender-will-not-be-removable-to-avoid-safety-risks">range extender for the truck in mid-2025</a>. The range extender is an alternate battery pack that can be fit into the truck bed. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42501487/cybertruck-production-rate-was-reduced-even-before-decembers-production-pause-says-tesla-researcher">Tesla&#8217;s Cybertruck Production Rate Was Reduced Even Before December&#8217;s Pause, Says Researcher</a></li>
</ul>
Photo courtesy of Tesla

Tesla Says Cybertruck Drivers Can Now Get Max Charging Rate Of Up To 325 kW On Select V4 Supercharger Posts

President-elect Donald Trump&#8216;s Former U.S. Secretary of State Mike Pompeo has thrown his support behind Nippon Steel Corp.&#8216;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) &nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/NISTF#OTC">NISTF</a>)&nbsp;proposed $14.9 billion acquisition of United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), arguing the deal would strengthen America&#8217;s position <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42295766/u-s-steel-stock-falls-as-trump-pledges-to-block-nippon-steel-acquisition">against Chinese market dominance</a>.
What Happened: In an opinion piece published in The Wall Street Journal <a href="https://www.wsj.com/opinion/america-must-approve-the-nippon-steel-deal-national-security-china-900b2b5c?mod=hp_opin_pos_6#cxrecs_s">on</a> Friday, Pompeo, who now serves as a strategic adviser to Nippon Steel, emphasized that the transaction would enhance U.S. national and economic security while protecting American jobs.
The deal faces significant opposition from both President Joe Biden and Trump. According to Bloomberg sources, Biden is expected to block the acquisition on national security grounds when the Committee on Foreign Investment in the United States refers its <a href="https://www.benzinga.com/news/global/24/12/42425695/biden-set-to-block-us-steel-sale-to-nippon-steel-report">decision later this month</a>.
Pompeo countered these concerns, stating that blocking the deal would &#8220;undermine America&#8217;s national security by diminishing our ability to maintain robust and competitive domestic steel production.&#8221; He highlighted Nippon Steel&#8217;s commitment to invest $2.7 billion in union-represented local steel facilities.
U.S. Steel spokesperson Amanda Malkowski has previously <a href="https://www.benzinga.com/news/global/24/12/42425695/biden-set-to-block-us-steel-sale-to-nippon-steel-report">defended the transaction</a>, stating that &#8220;this transaction should be approved on its merits.&#8221; Nippon Steel expressed confidence in the American legal system, indicating it would pursue legal action if necessary.
See Also: <a href="https://www.benzinga.com/tech/24/12/42501918/teslas-texas-lithium-plant-begins-operations-amid-market-oversupply">Tesla&#8217;s Texas Lithium Plant Begins Operations Amid Market Oversupply</a>
Why It Matters: The Japanese steelmaker&#8217;s proposed acquisition comes amid growing concerns about China&#8217;s steel overproduction and its <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42295766/u-s-steel-stock-falls-as-trump-pledges-to-block-nippon-steel-acquisition">impact on global markets</a>. 
Biden has until Dec. 22 or 23 to receive CFIUS&#8217;s referral and must announce his decision within 7 days. U.S. Steel shares have experienced volatility as investors react to developments <a href="https://www.benzinga.com/news/global/24/12/42425695/biden-set-to-block-us-steel-sale-to-nippon-steel-report">surrounding the proposed acquisition</a>.
In November after his election victory, Trump made a declaration in a&nbsp;<a href="https://truthsocial.com/@realDonaldTrump/posts/113455540757405917" target="_blank" rel="noreferrer noopener">post</a>&nbsp;on Truth Social, stating, "I will not be inviting former Ambassador Nikki Haley, or former Secretary of State Mike Pompeo, to join the Trump Administration, which is currently in formation."
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42501530/ex-google-ceo-eric-schmidt-sees-ai-drones-as-the-future-of-warfare-but-stresses-need-for-meaningful-human-control">Ex-Google CEO Eric Schmidt Sees AI Drones As The Future Of Warfare But Stresses Need For &#8216;Meaningful Human Control&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Global

NISTF

NPSCY

Trump's Ex-Secretary Of State Mike Pompeo Backs Nippon Steel's $14.9B Acquisition Of US Steel Citing National Security Concerns

The Financial Accounting Standards Board's new accounting rules for cryptocurrencies will go into effect on Monday, making it easier for businesses to account for the value of their holdings on their balance sheets and encouraging adoption.
What happened: The <a href="https://www.benzinga.com/markets/cryptocurrency/23/12/36219302/new-crypto-accounting-standards-to-boost-transparency-for-corporate-investors-like-microst">Accounting Standards Update,</a>&nbsp; announced in December of last year in response to widespread stakeholder feedback, will allow firms to report cryptocurrencies at fair value, or simply their current value, recognizing them under the company's net income.
Previously, cryptocurrencies were treated as indefinite-lived intangible assets, meaning that companies had to account for impairment charges.&nbsp;
Companies were required to write down the value of their holdings if the value fell below the original buying price, while the opposite was not true in the case of an unrealized gain. Instead, gains could only be reported if the holdings were sold.
Put simply, companies could only value cryptocurrencies at the price they bought, accounting for only the decreases but not the increases.
The concern from stakeholders was that such a model does not give investors "decision-useful information."
Under the new rules, companies will be required to report the fair market value of their positions, capturing both unrealized gains and losses on a quarterly basis.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42500002/massive-crypto-exchange-witnesses-unusual-100-million-bitcoin-activity">Massive Crypto Exchange Witnesses Unusual $100 Million Bitcoin Activity</a>
Why It Matters: The accounting adjustment allows firms to report more accurately the economic impact of cryptocurrency holdings on their overall financial position.
Furthermore, because they are not required to sell their holdings to declare gains, the HODLing approach may gain traction, helping boost cryptocurrency prices.&nbsp;
The rule change comes at a time when corporate adoption of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), the world's largest cryptocurrency, was gaining traction.
Following in the footsteps of MicroStrategy Inc., the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42391481/microstrategy-acquires-21b-worth-of-bitcoin-total-holdings-now-exceed-423000-btc#:~:text=MicroStrategy%20Acquires%20%242.1B%20Worth,(NASDAQ%3AMSTR)%20%2D%20Benzinga">market leader</a> with over <a href="https://bitcointreasuries.net/">$44.58 billion</a> worth of Bitcoin on its balance sheet, companies like MARA Holdings and Semler Scientific have been <a href="https://www.benzinga.com/24/12/42387102/mara-holdings-raises-850-million-in-0-convertible-notes-offering-a-40-premium-over-current-share-price#:~:text=According%20to%20Benzinga%2C%20MARA%20has,on%20Jan.%209%2C%202023.">steadily adding the leading coin</a> to their reserves lately.
In fact, it was MicroStrategy Chairman Michael Saylor who <a href="https://www.benzinga.com/23/09/34450116/fasb-clears-the-path-for-corporate-bitcoin-adoption">took the lead</a> in advocating for such an accounting adjustment from the Financial Accounting Standards Board.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $105,068.03, up 3.20% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42499633/exclusive-eric-trump-declares-bitcoin-the-future-details-tax-free-crypto-goals-for-trump-presidency">Eric Trump Declares Bitcoin The Future, Details Tax-Free Crypto Goals For Trump Presidency</a></li>
</ul>
Photo courtesy: Shutterstock

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

Cryptocurrency

$BTC

New Crypto Accounting Standards Go Into Effect Today: Will They Boost Bitcoin's Corporate Adoption?

The recent murder of&nbsp;UnitedHealthcare&nbsp;CEO&nbsp;Brian Thompson&nbsp;has sparked a debate about the state of the U.S. healthcare insurance system. Experts are urging the company to address three key issues.
What Happened: Andrew Witty, the current CEO of UnitedHealth Group, has emphasized the pressing need for reform in the healthcare system. In a New York Times op-ed, he shared his difficulty in understanding the &#8220;unconscionable act&#8221; and the animosity faced by his team. He stressed the collective duty of employers, governments, and insurers to demystify insurance coverage and decision-making processes.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42483873/sylvester-stallone-gifts-a-knockout-25-million-hamptons-estate-to-his-daughters-another-addition-to-his-curated-property-portfolio?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Sylvester Stallone Gifts A Knockout $25 Million Hamptons Estate To His Daughters – Another Addition To His Curated Property Portfolio</a>
Caitlin Donovan&nbsp;from the Patient Advocate Foundation pointed out the opacity in insurance coverage, remarking, &#8220;Everything&nbsp;is buried under layers of&nbsp;everything else,&#8221; , MarketWatch <a href="https://www.marketwatch.com/story/unitedhealth-group-ceo-says-healthcare-needs-fixing-start-with-these-3-problems-in-claims-and-patient-costs-experts-say-e60fc0e9?ref=biztoc.com">reported</a>&nbsp;on Monday. 
This complexity often results in patient frustration and financial burden.
Donovan identifies key issues in the healthcare system, such as escalating insurance premiums, a rise in claim denials, and insufficient advance notice of coverage. Furthermore, the incorporation of AI in claim processing has added to the complexity, complicating patient efforts to contest denials.
The process of resolving issues with&nbsp;medical bills and insurance-claim denials&nbsp;has become increasingly complex, requiring more time and effort. Comprehensive industrywide claim-denial rates are difficult to obtain, but some data suggests that&nbsp;insurers denied around 17% of&nbsp;claims in 2021.
Although legislation such as the No Surprises Act has been introduced to prevent surprise medical bills, the implementation of advance cost estimates is still pending. The use of artificial intelligence in claim coverage has further complicated the process of disputing claim denials.
Why It Matters: The tragic death of Thompson&nbsp;has cast a spotlight on the practices within the insurance industry. UnitedHealthcare&nbsp;is <a href="https://www.benzinga.com/24/12/42365853/unitedhealthcare-faces-tough-questions-following-insurance-business-ceos-tragic-death">under intense scrutiny</a>, although no direct connection between Thompson&#8217;s murder and industry tensions has been confirmed. Law enforcement noted that bullet casings at the crime scene were inscribed with words like "deny" and "delay," terms frequently linked to insurance claim practices.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42499950/crypto-analyst-shiba-inu-price-set-for-massive-surge-could-go-up-sixfold?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Crypto Analyst: Shiba Inu Price Set For Massive Surge, Could Go Up Sixfold</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Health Care

General

UnitedHealthcare CEO's Tragic Death Sparks Urgent Debate Over US Insurance Industry Reform: Expert Says 'Everything Is Buried Under Layers Of Everything Else'

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of North Branch Chevrolet in Minnesota from Lithia &amp; Driveway (LAD) to Tyler Kadlec of Tom Kadlec Automotive.
IRVINE, Calif., Dec. 16, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4325228-1&amp;h=568649336&amp;u=http%3A%2F%2Fwww.performancebrokerageservices.com%2F&amp;a=Performance+Brokerage+Services">Performance Brokerage Services</a>, North America's highest volume dealership brokerage firm, is proud to represent Lithia &amp; Driveway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAD#NYSE">LAD</a>) on the sale of North Branch Chevrolet in North Branch, Minnesota to Tyler Kadlec of Tom Kadlec Automotive.
Lithia &amp; Driveway started from humble beginnings when Walt DeBoer founded a Chrysler-Plymouth-Dodge dealership in Ashland, Oregon in 1946. Walt's son, Sid DeBoer, transformed the dealership group into Lithia Motors, Inc., a publicly traded company in 1996. Now a third-generation company, Lithia &amp; Driveway is run by Sid's son, Bryan DeBoer, CEO &amp; President, and ranked #1 on the 2024 Automotive News Top 150 Dealership Groups based on 2023 new vehicle retail sales units.

Lithia & Driveway Sells Minnesota Chevrolet Dealership to Tom Kadlec Automotive

Analysts predict a good year for gold in 2025 after it&#8217;s poised for the best annual performance in over a decade in 2024. However, Michael Saylor, co-founder and executive chairman of MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), has <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42413650/michael-saylor-urges-us-to-ditch-gold-for-bitcoin-sell-the-past-own-the-future">called for a dramatic shift </a>in U.S. economic strategy, urging the country to abandon gold as a reserve asset in favor of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What Happened: The World Gold Council in its 2025 outlook has outlined three scenarios for the precious metal in the upcoming year. According to them, gold will &#8220;remain rangebound&#8221; if existing market expectations are correct.
Explaining its rationale for the rangebound assertion, the council notes that &#8220;a combination of higher rates and lower economic growth could negatively affect investors and consumers.&#8221;
On the flip side, &#8220;significantly lower interest rates or a deterioration in geopolitics or market conditions will improve gold's performance.&#8221;
JPMorgan has said that it expects gold prices to &#8220;find continued support from central banks, particularly in emerging markets. Critically, gold—the original safe-haven asset—can serve as an attractive hedge against both geopolitical risk and uncertainty around sovereign debt and deficits.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42413650/michael-saylor-urges-us-to-ditch-gold-for-bitcoin-sell-the-past-own-the-future">Michael Saylor Urges US To Ditch Gold For Bitcoin: &#8216;Sell The Past, Own The Future&#8217;</a>
Goldman Sachs, on the other hand, forecasts gold prices will reach $2,700 by early next year, &#8220;buoyed by interest rate cuts by the Federal Reserve and gold purchases by emerging market central banks. The metal could get an additional boost if the U.S. imposes new financial sanctions or if concerns mount about the U.S. debt burden.&#8221;
Bitcoin Bulls Disagree
Despite a largely positive outlook for gold in 2025, few Bitcoin bulls think differently. Speaking on an episode of the Galaxy Brains podcast, Saylor labeled gold as a "shiny dead rock.&#8221;
"If you want to elevate the U.S.&#8217;s economic leadership in the world, there are two very simple strategies," Saylor said. "Dump the gold and buy Bitcoin."
He suggested that replacing gold with Bitcoin as a strategic reserve asset would allow the U.S. to demonetize gold—an asset heavily held by rival nations—and capitalize on Bitcoin&#8217;s growth potential.
Price Action: Gold spot prices have risen by 28.63% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>. This is gold&#8217;s best performance since 2007 when gold surged by over 31%.
Here&#8217;s how a few other gold ETFs have performed this year.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>ETFs</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Franklin Responsibly Sourced Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FGDL#NYSE">FGDL</a>)</td>
<td>29.07%</td>
</tr>
<tr>
<td>iShares Gold Trust Micro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAUM#NYSE">IAUM</a>)</td>
<td>28.52%</td>
</tr>
<tr>
<td>SPDR Gold MiniShares Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLDM#NYSE">GLDM</a>)</td>
<td>28.55%</td>
</tr>
<tr>
<td>Aberdeen Physical Gold Shares ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGOL#NYSE">SGOL</a>)</td>
<td>28.46%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020045/Gold-ETf-final-1024x576.png" alt="" class="wp-image-693140" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020045/Gold-ETf-final-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020045/Gold-ETf-final-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020045/Gold-ETf-final-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020045/Gold-ETf-final-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020045/Gold-ETf-final.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
In comparison, Bitcoin ETFs have surged over four times during the same period.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>ETF</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Franklin Responsibly Sourced Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#NYSE">FBTC</a>)</td>
<td>138.83%</td>
</tr>
<tr>
<td>Grayscale Bitcoin Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITC#NYSE">BITC</a>)</td>
<td>123.13%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020016/Bitcoin-ETfs-final-1024x576.png" alt="" class="wp-image-693139" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020016/Bitcoin-ETfs-final-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020016/Bitcoin-ETfs-final-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020016/Bitcoin-ETfs-final-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020016/Bitcoin-ETfs-final-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16020016/Bitcoin-ETfs-final.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42495307/charlie-munger-identified-this-stock-30-years-ago-after-warren-buffett-passed-on-it-heres-how-it-is-doing-as-it-accomplishes-four-milestones-in-its-current-quarter">Charlie Munger Identified This Stock 30 Years Ago After Warren Buffett Passed On It: Here&#8217;s How It Is Doing Now</a></li>
</ul>
Photo courtesy: Shutterstock

Commodities

Economics

ETFs

BITC

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

FGDL

GLDM

IAUM

MSTR

SGOL

Gold Poised For Its Best Year In A Decade While Bitcoin Surges: Analysts Eye 2025 As A Golden Era For Precious Metal Amid Michael Saylor's Push For BTC As A Reserve Asset

<ul>
<li>Inventiva secures €21.4 million leading to completion of the first tranche of the financing for c. €116 million, part of the multi-tranche equity financing of up to €348 million announced on October 14, 2024.</li>
<li>Proceeds from the completed first tranche to be primarily used to advance Inventiva's Phase III, NATiV3 clinical trial evaluating lanifibranor in patients with MASH.</li>
<li>Appointment of Mark Pruzanski as new Chairman of the Board of Directors and Srinivas Akkaraju as new member of the Board of Directors.</li>
</ul>

Inventiva Secures €21.4M, Successfully Completes First Tranche Of Multi-Tranche €348M Financing

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has initiated production at its lithium refinery in Robstown, Texas. The company announced on Monday that raw materials were successfully fed through the facility&#8217;s kiln for the first time.
What Happened: The Corpus Christi-area plant represents the large-scale battery-grade lithium refinery in the United States and pioneers an acid-free refining process. 
This development comes as global lithium prices have plummeted from their 2022 peak of $80,000 per ton to below $10,000, <a href="https://www.benzinga.com/24/12/42433867/lithium-producers-brace-for-prolonged-oversupply-stalled-prices">according to industry data</a>.
&#8220;Increasing lithium refining capacity is critical to a sustainable energy economy<a href="https://x.com/tesla_na/status/1868378548890906887/photo/1" target="_blank" rel="noreferrer noopener"></a>,&#8221; Tesla stated on X.
The timing of Tesla&#8217;s refinery launch coincides with a projected lithium oversupply that UBS analysts expect to persist until 2027. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This week, we fed raw material through our kiln of our Lithium Refinery outside of Corpus Christi, TX for the very first time! Increasing lithium refining capacity is critical to a sustainable energy economy <a href="https://t.co/TCumnzEEIB">pic.twitter.com/TCumnzEEIB</a>
&mdash; Tesla North America (@tesla_na) <a href="https://twitter.com/tesla_na/status/1868378548890906887?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/tech/24/12/42501530/ex-google-ceo-eric-schmidt-sees-ai-drones-as-the-future-of-warfare-but-stresses-need-for-meaningful-human-control">Ex-Google CEO Eric Schmidt Sees AI Drones As The Future Of Warfare But Stresses Need For &#8216;Meaningful Human Control&#8217;</a>
Why It Matters: Despite challenging market conditions, Tesla CEO Elon Musk has remained optimistic about battery production capabilities, recently noting that <a href="https://www.benzinga.com/news/24/01/36488565/tesla-ceo-elon-musk-calms-fears-of-critical-material-shortages-says-battery-production-happening-at">battery manufacturing is growing</a> &#8220;almost at several times the rate of vehicle production.&#8221;
The Texas facility&#8217;s opening represents a strategic move in the U.S. battery supply chain, supported by the Inflation Reduction Act&#8217;s push for domestic production. 
This development occurs as Chinese companies <a href="https://www.benzinga.com/24/12/42433867/lithium-producers-brace-for-prolonged-oversupply-stalled-prices">maintain their market dominance</a> despite current low prices, with some global producers operating at a loss, according to Martin Jackson, head of battery raw materials at CRU.
S&amp;P Global forecasts lithium prices to stabilize between $9,900 and $11,600 per ton through 2026, suggesting a challenging but potentially stabilizing market environment as Tesla&#8217;s new facility <a href="https://www.benzinga.com/24/12/42433867/lithium-producers-brace-for-prolonged-oversupply-stalled-prices">ramps up operations</a>.
Price Action: Tesla stock closed Friday at $436.23, rising 4.34%. Year-to-date, the stock has soared 75.60%. The stock reached a 52-week high of $436.30, while its 52-week low sits at $138.80, with a price-to-earnings ratio of 119.61, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
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</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla's Texas Lithium Plant Begins Operations Amid Market Oversupply

- THRIVE-2 global phase 3 clinical trial evaluated efficacy and safety of veligrotug in patients with chronic thyroid eye disease (TED) -
- Conference call and webcast to be held Monday, December 16, at 8:00 a.m. ET -

VRDN

Reported Friday, Viridian Therapeutics To Report Pivotal THRIVE-2 Data For Veligrotug In Chronic TED Treatment

"Today's FDA approval of UNLOXCYT – the first marketing approval for our company – is a significant milestone both for Checkpoint and for patients with advanced cSCC," said James Oliviero, President and Chief Executive Officer of Checkpoint. "This approval marks Checkpoint's transformation to a commercial-stage company, with the opportunity to compete in a U.S. market estimated to exceed $1 billion annually, where we believe UNLOXCYT offers a differentiated treatment option versus available therapies by binding to PD-L1, rather than programmed death receptor-1 ("PD-1"), to release the inhibitory effects of PD-L1 on the anti-tumor immune response. Additionally, UNLOXCYT has demonstrated the ability to induce antibody-dependent cell-mediated cytotoxicity ("ADCC"), another potential differentiating feature of the drug compared to existing marketed therapies for patients with cSCC."

CKPT

Reported Friday, FDA Approves Checkpoint Therapeutics' UNLOXCYT (cosibelimab-ipdl) For Advanced cSCC Treatment

<ul>
<li>CRENESSITY, the first new treatment available in 70 years to the classic congenital adrenal hyperplasia (CAH) community, offers a paradigm-shifting treatment approach
<ul>
<li>FDA approval supported by data from the largest-ever clinical trial program in pediatric and adult patients with classic CAHCRENESSITY is expected to be commercially available in approximately one week Rare Pediatric Disease Priority Review Voucher granted in connection with approval</li>
</ul>
</li>
</ul>

NBIX

Reported Friday, Neurocrine Biosciences' CRENESSITY Receives FDA Approval, Revolutionizing Treatment For Classic Congenital Adrenal Hyperplasia

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly gearing up to launch a redesigned AirTag in 2025 with better tracking capabilities and range.
What Happened: In the latest installment of the weekly "Power On" newsletter, Bloomberg columnist Mark Gurman said that the updated AirTag will feature a next-generation ultrawide-band chip, previously seen in iPhone 15.
This will result in AirTag 2 offering a range three times greater than the current model, which can be located from 10 to 30 meters away using Precision Finding.
In addition, the new AirTag is expected to include improved security features, to make it easier for users to locate items to which the AirTag is attached.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: The much-anticipated 2025 AirTag redesign comes amid ongoing discussions about the device&#8217;s security and privacy implications.
Earlier this year, <a href="https://www.benzinga.com/news/24/03/37764878/apple-loses-motion-to-dismiss-lawsuit-claiming-airtags-are-weapon-of-stalkers-determination-cannot-b">Apple faced a lawsuit</a> alleging that AirTags were being misused by stalkers. The lawsuit, which Apple failed to dismiss, highlighted concerns about the potential misuse of the tracking device.
In response to such concerns, Apple has been working on improving the security features of its AirTags. The upcoming model is expected to address these issues.
However, AirTags have also proven <a href="https://www.benzinga.com/news/23/07/33226618/how-an-apple-airtag-led-to-the-capture-of-a-sneaky-thief">effective in various situations</a>, such as aiding in the recovery of stolen items.
Last month, Apple also introduced a feature allowing users to <a href="https://www.benzinga.com/tech/24/11/41931360/apples-airtag-users-can-now-share-location-with-airlines-for-faster-recovery-of-lost-luggage">share the location of lost</a> items with third parties, such as airlines, through the Find My app.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.&nbsp;
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AAPL

Apple's 2025 AirTag To Feature iPhone 15's Ultrawide-Band Chip For Smarter, Longer-Range Tracking: Report

EVgo (EVGO) announced the closing of its $1.25B guaranteed loan facility from the Department of Energy Loan Programs Office under its Title 17 Clea...

EVgo announces closing of $1.25B Department of Energy loan

Wall Street Breakfast Podcast: Amazon, Meta Back Trump Inauguration

In a report released today, Gabriel Daoud from TD Cowen maintained a Buy rating on EVgo (EVGO – Research Report), with a price target of $7.00. The...

EVgo (EVGO) Gets a Buy from TD Cowen

JPMorgan says EVgo (EVGO) "delivered an early holiday gift to investors" by closing its guaranteed loan facility with the Department of Energy. The...

EVgo delivered 'early holiday gift to investors,' says JPMorgan

Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on EVgo (EVGO – Research Report) today and set a price target of $10.00. The compan...

Stifel Nicolaus Reaffirms Their Buy Rating on EVgo (EVGO)

4 stocks to watch on Friday: EVGO, ELF and more

RBC Capital keeps an Outperform rating and $8 price target on EVgo (EVGO), also noting that the stock should respond positive to the announcement t...

EVgo shares to respond positive to DOE loan facility, says RBC Capital

Bullish option flow detected in EVgo (EVGO) with 6,481 calls trading, 5x expected, and implied vol increasing over 1 point to 89.77%. Dec-24 7 call...

EVgo call volume above normal and directionally bullish

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: Broadcom (AVGO) jumped as enthusiasm a...

Broadcom tops $1T market cap on AI enthusiasm: Morning Buzz

Buy EVgo On Approved DoE Loan Unlocking New Revenue Growth

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Emerging Markets

Recharging The EV Experience: Getaway Space Is On A Mission To Solve Burgeoning Infrastructural Challenges

Screenshot 2024-11-07 at 6.37.06 PM

Grab A Meal At A Lounge With 24/7 Security While Your EV Charges – Getaway Space Plans To Redefine EV Charging

Press Releases

EVgo Receives Conditional Commitment for DOE Loan Guarantee of up to $1.05 Billion to Accelerate Buildout of Public Fast Charging Across the U.S.

EVgo and Delta Electronics Sign MOU to Co-Develop Next-Generation Charging Architecture

EVgo to Report Third Quarter 2024 Results on November 12, 2024

EVgo Inc. Reports Record Third Quarter 2024 Results

EVgo and Meijer Expand Partnership to Install up to 480 New Fast Charging Stalls at Meijer Locations Across Midwest

EVgo and GM Surpass 2,000 Public Fast Charging Stalls in the U.S.

EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of Energy

Tortoise Capital Announces Index Updates for Fourth Quarter 2024

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Autozi Internet Technology (Global) Ltd. - Class A Ordinary Shares

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Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares

Comments

EVgo

매도 수량

EVgo (NASDAQ:EVGO) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

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