에 대한 최신 뉴스 Lion Electric (NYSE:LEV) 주식

Lion Electric

The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.

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라이온 일렉트릭(NYSE:LEV)의 주식이 월요일 55% 이상 급등했다. 이 회사는 선순위 신용용 상품에 대한 수정과 인력 감축을 발표했다. 여기 알아야 할 사항이 있다.

라이온 일렉트릭 주식이 월요일 55% 이상 급등: 무슨 일이?

The Lion Electric Co

The Lion Electric Company Warrants to purchase common shares

Levi Strauss & Co

Levolution

Macro Economic Events

Econ #s

Economics

Germany Ifo Business Climate Index For December 84.7 Vs. 85.5 Est.; 85.6 (Revised) Prior

Germany Current Assessment For December 85.1 Vs. 84.0 Est.; 84.3 Prior

Germany Business Expectations For December 84.4 Vs. 87.5 Est.; 87.0 (Revised) Prior

Ascendiant Capital analyst Edward Woo maintains Duos Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOT#NASDAQ">DUOT</a>) with a Buy and raises the price target from $6 to $7.5.

Price Target

Analyst Ratings

DUOT

Ascendiant Capital Maintains Buy on Duos Technologies Group, Raises Price Target to $7.5

On Monday, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) unveiled much-anticipated updates to its Ray-Ban smart glasses.
What Happened: Meta rolled out three new features for its Ray-Ban smart glasses: live AI, live translations, and Shazam. These updates are part of an effort to improve user experience by embedding advanced technology into daily-use eyewear.
The live AI and translation features are currently exclusive to members of the Early Access Program.
The live AI function allows users to engage with Meta&#8217;s AI assistant, which can offer suggestions based on the user&#8217;s environment, such as recipe ideas while shopping.
See Also: <a href="https://www.benzinga.com/markets/equities/24/12/42479401/nancy-pelosis-stock-pick-broadcom-shoots-15-in-friday-pre-market-as-broadcom-ceo-sees-opportunity-over-the-next-3-years-in-ai?itm_source=parsely-api">Nancy Pelosi&#8217;s Stock Pick Broadcom Shoots 15% In Friday Pre Market As Broadcom CEO Sees &#8216;Opportunity Over The Next 3 Years In AI&#8217;</a>
The live translation feature provides real-time speech translation between English and Spanish, French, or Italian. Users can listen to translations through the glasses or view them on their phones.
However, language pairs must be downloaded beforehand, and users need to specify the languages spoken by themselves and their conversation partners.
Shazam support is available to all users in the U.S. and Canada. By prompting the Meta AI, users can identify songs they hear.
To access these features, users must ensure their glasses are updated to the v11 software and the Meta View app is on v196.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17020503/Screenshot-2024-12-17-at-12.34.52%E2%80%AFPM-1024x855.png" alt="" class="wp-image-695179" /><figcaption class="wp-element-caption">Source: Instagram</figcaption></figure>
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Why It Matters: Launched in October last year, the Ray-Ban Meta smart glasses let users stream live videos directly to their Facebook and Instagram followers.
Equipped with Meta AI, these glasses can provide details about the objects within the wearer's view.
In October 2024, it was reported that <a href="https://www.benzinga.com/news/24/10/41458752/metas-smart-glasses-dominate-ray-ban-stores-ai-features-still-missing">Meta&#8217;s smart glasses</a> have become the top-selling product in 60% of Ray-Ban stores across Europe, the Middle East, and Africa.
However, Meta faces competition from several <a href="https://www.benzinga.com/news/24/06/39562427/metas-ray-ban-smart-glasses-face-new-rival-powered-by-openais-chatgpt">new competitors including</a> Solos, a smart glasses manufacturer. Earlier it was reported that Solos planned to launch the AirGo Vision, powered by OpenAI&#8217;s ChatGPT.
Image Credits &#8211; Shutterstock
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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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Tech

Meta's Ray-Ban Smart Glasses Can Now Be Your Chef, Linguist, And DJ — What's Next, Therapist?

OpenAI co-founder Ilya Sutskever is sounding the alarm on a looming data crisis that could reshape the artificial intelligence industry&#8217;s future. 
What Happened: Speaking at the Conference on Neural Information Processing Systems (NeurIPS) in Vancouver on Friday, Sutskever warned that the critical resource powering AI development is running dry, <a href="https://observer.com/2024/12/openai-cofounder-ilya-sutskever-ai-data-peak/?ref=biztoc.com">reported</a> the Observer.
&#8220;Data is the fossil fuel of AI,&#8221; Sutskever said at the conference. &#8220;We&#8217;ve achieved peak data and there will be no more.&#8221;
The warning comes amid growing evidence of data access restrictions. A <a href="https://www.dataprovenance.org/consent-in-crisis-paper">study</a> by the Data Provenance Initiative found that between 2023 and 2024, website owners blocked AI companies from accessing 25% of high-quality data sources and 5% of all data across major AI datasets.
This scarcity is already forcing industry leaders to adapt. OpenAI CEO Sam Altman has proposed using synthetic data – information generated by AI models themselves – as an alternative solution. The company is also exploring enhanced reasoning capabilities through its new o1 model.
See Also: <a href="https://www.benzinga.com/24/12/42523165/elon-musks-neuralink-faces-fierce-competition-as-precision-neuroscience-raises-102-million-to-advance-thought-controlled-devices">Elon Musk&#8217;s Neuralink Faces Fierce Competition As Precision Neuroscience Raises $102 Million To Advance Thought-Controlled Devices</a>
Why It Matters: The data shortage concerns echo recent observations from venture capital firm Andreessen Horowitz. Marc Andreessen noted that AI capabilities have plateaued, with multiple companies <a href="https://www.benzinga.com/tech/24/11/41932289/ai-capabilities-plateauing-say-andreessen-horowitz-founders-echoing-concerns-of-openai-co-founder-ilya-sutskever">hitting similar technological ceilings</a>.
Sutskever, who left OpenAI earlier this year to launch Safe Superintelligence <a href="https://www.benzinga.com/news/24/09/40722123/openai-co-founder-ilya-sutskevers-ai-startup-raises-1b-from-andreessen-horowitz-sequoia-as-sam-altma">with $1 billion in backing</a> from investors including Andreessen Horowitz and Sequoia Capital, believes AI will evolve beyond its data dependency. 
&#8220;Future AI systems will understand things from limited data, they will not get confused,&#8221; he said, though he declined to specify how or when this would occur.
The increasing difficulty in accessing diverse and high-quality datasets for AI training has prompted companies like OpenAI, Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to adopt data scraping practices, though not without controversy. 
For example, Microsoft's LinkedIn was recently scrutinized for using user data to train its AI models <a href="https://www.benzinga.com/news/24/09/40931968/microsofts-linkedin-in-hot-water-for-allegedly-using-data-of-users-for-training-ai-before-updating-t">before updating its terms of service</a>. 
Similarly, Meta has been using publicly available social media posts from Europe to train its Llama large language models, though privacy concerns have <a href="https://www.benzinga.com/markets/equities/24/06/39256166/meta-to-use-european-social-media-data-for-ai-training-report">prompted legal challenges</a>. 
Nvidia, too, has been scraping videos from YouTube and Netflix, including those from popular tech YouTuber Marques Brownlee, to train its AI systems. While these companies argue their practices comply with copyright laws, the ethical implications of scraping data without explicit consent have <a href="https://www.benzinga.com/news/24/08/40188595/nvidia-reportedly-involved-in-extensive-video-scraping-involving-popular-tech-youtuber-marques-brown">raised alarm across the industry</a>.
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Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Cheetah Mobile Q3 Adj EPADS $(0.17), Sales $27.37M

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) to report quarterly earnings at 52 cents per share on revenue of $273.77 million after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Worthington Enterprises shares fell 0.1% to $38.64 in after-hours trading.</li>
<li>Compass Minerals International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMP#NYSE">CMP</a>) posted downbeat results for its fourth quarter on Monday. Compass Minerals shares dipped 7.3% to $11.69 in the after-hours trading session.</li>
<li>Analysts expect Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) to post a quarterly loss at 34 cents per share on revenue of $899 thousand after the closing bell. Applied Digital shares fell 0.2% to $9.99 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) reported worse-than-expected second-quarter financial results on Monday. The company reported second-quarter revenue of $1.53 million, missing analyst estimates of $4.13 million. The drone technology company reported a second-quarter loss of 18 cents per share, missing analyst estimates for a loss of eight cents per share, according to Benzinga Pro. Red Cat shares tumbled 15.8% to $8.80 in the after-hours trading session.</li>
<li>Analysts expect REE Automotive Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) to post a quarterly loss at $1.01 per share on revenue of $50 thousand. The company will release earnings before the opening bell. REE Automotive shares gained 7.2% to $11.77 in the after-hours trading session.</li>
</ul>
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APLD

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Worthington Enterprises, Red Cat Holdings, And 3 More Stocks To Watch As US Futures Trade Lower On Tuesday

<h3>Companies Reporting Before The Bell</h3>
• REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) is expected to report quarterly loss at $0.86 per share on revenue of $50 thousand. 
• Cheetah Mobile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMCM#NYSE">CMCM</a>) is projected to report earnings for its third quarter. 
• NeuroOne Medical Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMTC#NASDAQ">NMTC</a>) is likely to report earnings for its fourth quarter. 
<h3>Companies Reporting After The Bell</h3>
• Worthington Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $273.77 million. 
• cbdMD (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/YCBD#AMEX">YCBD</a>) is likely to report quarterly earnings at $0.00 per share on revenue of $4.81 million. 
• Applied DNA Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APDN#NASDAQ">APDN</a>) is estimated to report quarterly loss at $0.35 per share on revenue of $899 thousand. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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YCBD

Earnings Scheduled For December 17, 2024

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index moved to the &#8220;Greed&#8221; zone on Monday.
U.S. stocks settled mixed on Monday, with the Dow Jones index falling for the eighth session in a row. However, the Nasdaq surged to a record high during the session.
Shares of Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) all surged to new all-time highs on Monday.
On the economic data front, the NY Empire State Manufacturing Index declined to 0.20 in December compared to 31.2 in the previous month, and down from market estimates of 12.
The S&amp;P Global services PMI climbed to 58.5 in December versus 56.1 in November. The S&amp;P Global manufacturing PMI declined to 48.3 in December compared to 49.7 in the prior month.
Most sectors on the S&amp;P 500 closed on a negative note, with materials, energy and healthcare stocks recording the biggest losses on Monday. However, consumer discretionary and communication services stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by over 110 points to 43,717.48 on Monday. The S&amp;P 500 gained 0.38% to 6,074.08, while the Nasdaq Composite gained 1.24% at 20,173.89 during Monday's session.
Investors are awaiting earnings results from Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>), Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) and REE Automotive Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) today.
At a current reading of 56.7, the index moved to the &#8220;Greed&#8221; zone on Monday, versus a prior reading of 49.9.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Dow Falls For 8th Session, While Nasdaq Hits Record High As Apple, Alphabet, And Tesla Rise: Fear Index Shifts To 'Greed' Zone

Argentina&#8217;s S&amp;P Merval Index has risen by 162.85% year-to-date, beating the gains in the S&amp;P 500 Index and other <a href="https://www.benzinga.com/markets/emerging-markets">emerging stock market</a> indices.
What Happened: S&amp;P Merval&#8217;s staggering gain, comes as the country emerged from a severe recession in the third quarter of the current fiscal and amid Argentina&#8217;s President Javier Milei&#8216;s plans for cryptocurrency adoption.
The South American country&#8217;s GDP grew by 3.9% from July to September compared to the previous quarter, exceeding expectations of 3.4%. However, it shrank 2.1% from the previous year, less than the anticipated 2.6% contraction.
The country endured a recession for three quarters, with over half of the population in poverty, inflation eroding wages, and the labor market losing hundreds of thousands of jobs. Milei's austerity measures deepened the downturn, especially with cuts to public spending and infrastructure projects, a key source of employment.
Additionally, regulators from El Salvador and Argentina have signed an agreement to develop the crypto industry in both countries. The partnership will help El Salvador expand its crypto presence, leveraging strategic collaborations, according to CNAD President Juan Carlos Reyes. The two agencies will also share knowledge and expertise on crypto regulation.
See Also: <a href="https://www.benzinga.com/startups/24/12/42513867/elon-musk-praises-argentinas-31-spending-cuts-under-milei-but-what-about-the-recession">Elon Musk Praises Argentina&#8217;s 31% Spending Cuts Under Milei – But What About The Recession?</a>
Why It Matters: Milei&#8217;s <a href="https://www.benzinga.com/markets/latin-america/24/10/41196839/did-argentinas-president-javier-milei-plagiarize-the-west-wing-in-un-speech">big plan for his second year</a> as president involves removing currency exchange restrictions, allowing citizens to transact in any currency, including cryptocurrencies like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). Tax payments will still require Argentine pesos.
This policy aims to stabilize the economy, reduce inflation, and promote sustainable growth by aligning with global financial standards. It emphasizes free competition, letting individuals choose the currencies that best suit their needs, and supports Milei's vision of eventually eliminating the Central Bank to combat inflation.
Milei's pro-Bitcoin stance, which predates his presidency, has bolstered confidence in the asset in Argentina. His economic policies closely mirror those of El Salvador, where Bitcoin is legal tender.
Price Action: While Argentina&#8217;s Merval Index has outpaced gains in all other indices, Turkey&#8217;s BIST 100 is the next emerging market index to follow with a 31.3% gain, year-to-date. Bitcoin&#8217;s price has grown by 141.25% in the same period.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Emerging Markets</td>
<td>Index</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Argentina</td>
<td>S&amp;P Merval</td>
<td>162.85%</td>
</tr>
<tr>
<td>Turkey </td>
<td>BIST 100</td>
<td>31.13%</td>
</tr>
<tr>
<td>China </td>
<td>CSI 300 </td>
<td>15.93%</td>
</tr>
<tr>
<td>South Africa </td>
<td>South Africa Composite </td>
<td>13.46%</td>
</tr>
<tr>
<td>India </td>
<td>Nifty 50 </td>
<td>12.72%</td>
</tr>
<tr>
<td>Brazil </td>
<td>Ibovespa</td>
<td>-6.89%</td>
</tr>
<tr>
<td>South Korea </td>
<td>Kospi</td>
<td>-7.94%</td>
</tr>
<tr>
<td>Mexico </td>
<td>IPC Mexico </td>
<td>-11.39%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Google Finance, S&amp;P</figcaption></figure>
Among the developed market economies, the S&amp;P 500 remains the best index with a 28.07% gain on a year-to-date basis, outperforming all the other developed market indices.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Developed Markets</td>
<td>Index</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>United States </td>
<td>S&amp;P 500 </td>
<td>28.07%</td>
</tr>
<tr>
<td>Germany </td>
<td>DAX </td>
<td>21.14%</td>
</tr>
<tr>
<td>Japan </td>
<td>Nikkei 225 </td>
<td>18.29%</td>
</tr>
<tr>
<td>Hong Kong </td>
<td>Hang Seng </td>
<td>17.41%</td>
</tr>
<tr>
<td>Singapore </td>
<td>STI </td>
<td>17.32%</td>
</tr>
<tr>
<td>Spain </td>
<td>IBEX 35 </td>
<td>15.68%</td>
</tr>
<tr>
<td>United Kingdom </td>
<td>FTSE 100 </td>
<td>7%</td>
</tr>
<tr>
<td>Switzerland </td>
<td>Swiss Market </td>
<td>4.76%</td>
</tr>
<tr>
<td>France </td>
<td>CAC 40 </td>
<td>-2.31%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Google Finance, Yahoo Finance</figcaption></figure>
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$BTC

S&P 500 Performance Dwarfs In Comparison Argentina's Merval: Has Argentina's Pro-Crypto President Javier Milei Scripted An Emerging Market Success Story?

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A Virginia man has been found guilty of sponsoring the operations of ISIS, a Middle East-based terrorist organization, with tens of thousands of dollars in cryptocurrencies, a Justice Department release said Monday.
What Happened: Mohammed Azharuddin Chhipa, a 35-year-old resident of Springfield, Virginia, was involved in collecting and sending&nbsp;money to female ISIS members&nbsp;in Syria from October 2019 to October 2022. The funds were utilized to support&nbsp;ISIS in various ways, including&nbsp;aiding&nbsp;the escape of female ISIS&nbsp;members from prison camps and&nbsp;supporting ISIS fighters.
Chhipa used various social media platforms to raise funds. He received electronic transfers and even traveled hundreds of miles to collect&nbsp;funds in person. The collected funds were then converted into cryptocurrency and sent to Turkey, from where it was smuggled into Syria for ISIS members.
Over the course of the conspiracy, Chhipa managed to send over $185,000 in cryptocurrency, the release read. A request to the Justice Department to determine the specific coins used in the operation was not immediately returned.
The man now faces&nbsp;a maximum penalty of 20&nbsp;years in prison per count.&nbsp;
See Also:&nbsp;<a href="https://www.benzinga.com/24/12/42522826/shiba-inus-annouces-new-meme-coin-airdrop-for-shib-leash-bone-holders-heres-how-these-coins-reacted">New Meme Coin From Shiba Inu Ecosystem Up For Grabs: Here&#8217;s How Much SHIB, LEASH, BONE Holders Can Expect</a>
Why It Matters: This case is part of a broader trend of terrorist organizations leveraging cryptocurrencies for their operations. In May 2023,&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/23/05/32239767/israeli-authorities-uncover-binance-accounts-tied-to-isis-hamas-group">Israeli authorities seized nearly 190 cryptocurrency accounts</a> on Binance&nbsp;linked to ISIS. 
In fact, over the years, organizations have shifted their focus from the traditionally preferred Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) network.
In November of last year, it was observed that <a href="https://www.benzinga.com/markets/cryptocurrency/23/11/35962267/militant-groups-prefer-tron-over-bitcoin-authorities-freeze-wallets-linked-to-hamas">militant groups were favoring</a> the Tron (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/trx/usd">TRX</a>) blockchain over Bitcoin for their cryptocurrency transfers.
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Disclaimer:&nbsp;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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Image Via Shutterstock

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BMEA

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Alibaba Group Holding Ltd &#8211; ADR&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) announced on Tuesday its decision to&nbsp;sell its Chinese department store&nbsp;chain, &#8220;Intime,&#8221; resulting in a $1.3 billion loss. This move is part of Alibaba&#8217;s strategy to streamline its operations and concentrate on its primary e-commerce business.
What Happened:&nbsp;The sale is a continuation of Alibaba&#8217;s restructuring efforts, which began last year when the company was divided into six business units. The retail giant is also integrating its domestic&nbsp;and international e-commerce platforms into&nbsp;a single unit to better compete with rivals like&nbsp;PDD Holdings&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) and&nbsp;ByteDance, according to&nbsp;Reuters.
Alibaba will&nbsp;sell Intime to a consortium&nbsp;led by&nbsp;Youngor Fashion and Intime&#8217;s management&nbsp;for 7.4 billion yuan ($1.02&nbsp;billion), pending regulatory approvals. The company acquired Intime in 2017 for $2.6 billion to expand its brick-and-mortar presence.
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>
Reuters reported in February that Alibaba is looking to divest several&nbsp;consumer sector assets, including Intime,&nbsp;to refocus on its core e-commerce&nbsp;operations. The challenging consumer environment in China has pressured retailers and e-commerce platforms, prompting Alibaba&#8217;s strategic shift.
Why It Matters: The decision to sell Intime comes amid a broader restructuring within Alibaba. In November, the company announced plans to consolidate its domestic and international e-commerce operations into a single unit, the&nbsp;<a href="https://www.benzinga.com/24/11/42120110/alibaba-reshapes-e-commerce-operations-names-jiang-fan-as-unit-ceo">Alibaba E-commerce Business Group</a>. This new division will be led by Jiang Fan, who has been the CEO of Alibaba International Digital Commerce. This strategic move is aimed at enhancing competitiveness against formidable rivals.
In October, Alibaba became a significant holding in the portfolio of Chinese fund manager Zhang Kun, as economic <a href="https://www.benzinga.com/news/24/10/41580089/alibaba-becomes-key-holding-in-chinese-fund-managers-portfolio-economic-measures-spark-interest-in-l">measures increased interest</a> in leading tech stocks. Zhang&#8217;s fund acquired 40.4 million Hong Kong-listed Alibaba shares, making it the second-largest holding in his portfolio. This indicates a renewed confidence in Alibaba&#8217;s future prospects.
Additionally, in September, Alibaba joined <a href="https://www.benzinga.com/news/24/09/40778129/alibaba-joins-chinas-stock-connect-eyes-billions-in-investment-boost">China&#8217;s Stock Connect program,</a> allowing mainland investors to access its Hong Kong-listed shares. This is expected to significantly boost capital inflows and enhance investor access to the company.
Price Action: Alibaba stock closed 2.02% lower on Monday at $86.06, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>. Meanwhile in Robinhood, Alibaba was trading around 86.24 in the after-hours market at 2:45 AM ET.
Read Next:&nbsp;
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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

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EV Company News For The Month Of November 2024

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Commodities

Press Releases

LION ELECTRIC ANNOUNCES SECOND QUARTER 2024 RESULTS

LION ELECTRIC'S SCHOOL BUSES ARE NOW ELIGIBLE FOR DOMINION ENERGY'S ELECTRIC SCHOOL BUS INFRASTRUCTURE PROGRAM IN VIRGINIA

LION ELECTRIC ANNOUNCES ADDITIONAL AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS

LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS RELEASE DATE

LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS

LION ELECTRIC ANNOUNCES FURTHER AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS

NYSE to Commence Delisting Proceedings with Respect to the Warrants of Lion Electric (LEV.WS)

LION ELECTRIC ANNOUNCES ADDITIONAL AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS AND ADDITIONAL WORKFORCE REDUCTIONS

Contracts

LION ELECTRIC REACHES DEFINITIVE AGREEMENT IN RESPECT OF THE SALE OF INNOVATION CENTER LOCATED IN MIRABEL, QUÉBEC

TSX:LEV

BMO Capital

DA Davidson

Barclays

Roth MKM

Canaccord Genuity

라이온 일렉트릭(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEV#NYSE">LEV</a>)의 주식이 월요일 55% 이상 급등했다. 이 회사는 선순위 신용용 상품에 대한 수정과 인력 감축을 발표했다. 여기 <a href="https://www.benzinga.com/quote/LEV/news">알아야 할 사항</a>이 있다.
알아야 할 사항: 라이온 일렉트릭은 일요일에 피날타 캐피털(Finalta Capital) 및 퀘벡 예탁투자공사와의 선순위 회전 신용 계약 및 대출 계약에 대한 수정 사항을 공개했다. 이 변경 사항에는 재무 약정 유예 및 만기일을 11월 30일에서 12월 16일로 연장하는 것이 포함된다.
이 회사는 수정으로 인한 추가 유동성이 라이온 일렉트릭이 최소 운영 필요를 충족하고 전략적 대안을 계속 탐색할 수 있는 수단을 제공할 것이라고 밝혔다. 이러한 대안에는 의무 재조정, 자산 매각 또는 채권자 보호 요청이 포함될 수 있다.
또한, 라이온 일렉트릭은 캐나다와 미국 전역에서 약 400명의 직원을 일시적으로 해고하여 총 직원 수를 약 300명으로 줄였다고 발표했다. 남아 있는 직원들은 차량 제조, 판매, 배송 및 서비스에 집중할 것이다. 이 회사는 인력 감축으로 인해 일리노이주 졸리엣에 있는 제조 작업을 중단하게 되었다고 언급했다.
LEV 주가 변동: 라이온 일렉트릭 주식은 월요일 55.47% 상승한 29센트에 마감했다.
<figure class="wp-block-image size-large is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" class="wp-image-673087" style="width: 450px; height: auto;" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02143108/LEV-1024x539.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02143108/LEV-1024x539.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02143108/LEV-300x158.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02143108/LEV-768x405.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/02143108/LEV.png 1158w" alt="" width="1024" height="539" /></a></figure>
다음 읽기:
<ul>
<li><a href="https://kr.benzinga.com/news/usa/stocks/%ED%95%80%ED%85%8C%ED%81%AC%EC%9D%98-%EC%83%88%ED%95%B4-%ED%94%8C%EB%A0%88%EC%9D%B4%EB%B6%81-%EC%B9%B4%EC%8A%A4%ED%94%BC-%EC%96%B4%ED%8E%8C-%EB%B0%8F-%EC%87%BC%ED%94%BC%ED%8C%8C%EC%9D%B4-2025/" target="_blank" rel="noopener">핀테크의 새해 플레이북: 카스피, 어펌 및 쇼피파이가 2025년의 흐름을 설정</a></li>
</ul>
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