Octane All-Cap Value Energy ETF (NASDAQ: OCTA)

에 대한 최신 뉴스 Octane All-Cap Value Energy ETF (NASDAQ:OCTA)

The Fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective by investing in U.S.-listed equity securities of Energy Companies. Energy Companies are companies primarily involved in the business of oil & gas drilling and exploration, the production, lease or sale of oil & gas equipment, and services, integrated oil & gas, oil & gas exploration and production, oil & gas refining and marketing, oil & gas storage and transportation, and coal & consumable fuels industries

Octane All-Cap Value Energy ETF

Equities

Large Cap

News

Contracts

EIPX

OCTA

토탈에너지스 SE(NYSE:TTE)의 주식은 월요일 2% 이상 하락했다. 이 회사는 미국 당국이 아다니 그룹(Adani Group)의 인도 재생 에너지 부문의 일부 임원들을 기소한 사실을 알게 되었다고 밝혔다.

토탈에너지스, 美 당국 조사를 고려하여 인도의 아다니 그룹과의 재정적 연계 중단

OCTAGON 88 RESOURCES INC by Octagon 88 Resources Inc.

Octagon 88 Resources Inc

El Salvador's President <a href="https://www.benzinga.com/topic/nayib-bukele">Nayib Bukele</a> says he will incarcerate convicted criminals from the U.S. in his country, a macabre offer that is being praised as an "unprecedented" by U.S. Secretary of State Marco Rubio.
Bukele made the proposal while hosting Rubio at his residence near San Salvador on Monday. He said El Salvador is prepared to imprison convicted Americans, for a small fee of course, in an infamous mega-prison opened a year ago, the largest in Latin America.
"We have offered the United States of America the opportunity to outsource part of its prison system," Bukele <a href="https://x.com/nayibbukele/status/1886606794614587573">wrote</a> on X. "The fee would be relatively low for the U.S. but significant for us, making our entire prison system sustainable."
<h1 class="wp-block-heading">Such A Good Friend</h1>
"In an act of extraordinary friendship to our country … [El Salvador] has agreed to the most unprecedented and extraordinary migratory agreement anywhere in the world," Rubio told reporters Monday.
In addition to loving the U.S., Bukele also loves Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), making El Salvador the first country to adopt it as its legal tender in 2021.
"He has offered to house in his jails dangerous American criminals in custody in our country, including those with U.S. citizenship and legal residency. No country's ever made an offer of friendship such as this. We are profoundly grateful," gushed Rubio.
<h1 class="wp-block-heading">Is That Even Legal?</h1>
Not at all.
"The U.S. is absolutely prohibited from deporting U.S. citizens, whether they are incarcerated or not," Leti Volpp, a law professor at the University of California/Berkeley who specializes in immigration law, <a href="https://www.cnn.com/2025/02/03/americas/el-salvador-migrant-deal-marco-rubio-intl-hnk/index.html">told CNN</a> in an email.
It is unclear whether the U.S. government will take up Bukele's offer though Elon Musk seemed to quite like it. He took to X <a href="https://x.com/elonmusk/status/1886622263690072526">where he called</a> it a "great idea," so one can assume the plan has a pretty good chance being accepted by President Donald Trump. &nbsp;
<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">Great idea!! <a href="https://t.co/7924xQYiun">https://t.co/7924xQYiun</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1886622263690072526?ref_src=twsrc%5Etfw">February 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Bukele has made El Salvador's prison system — known for rampant human rights violations, violence and overcrowding — part of his anti-crime and anti-gang program. Since March 2022, more than 84,000 people have been arrested, most with no due process, <a href="https://www.amnesty.org/en/latest/news/2023/12/el-salvador-policies-practices-legislation-violate-human-rights/">according</a> to Amnesty International.
<h2 class="wp-block-heading">Why Can't U.S. Prisons House U.S. Citizens?</h2>
Apparently, there are too many criminals. Since returning to the White House in January, Trump has prioritized arresting and deporting millions of undocumented individuals. His administration also plans to detain 30,000 migrants at Guantanamo Bay, Cuba.
CoreCivic, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) and the GEO Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) have historically secured substantial contracts with the U.S. Immigration and Customs Enforcement (ICE). 
American Civil Liberties Union (ACLU) <a href="https://www.aclu.org/news/immigrants-rights/more-of-the-same-private-prison-corporations-and-immigration-detention-under-the-biden-administration">data</a> found that private prison corporations have pocketed billions from ICE detention contracts in the past two decades. But even they are filling to capacity it seems.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/25/02/43455529/el-salvador-buys-the-dipnayib-bukele-led-nation-purchases-bitcoin-worth-over-a-million-after-market-crash">El Salvador Goes Bigger on Bitcoin: Daily Purchase Jumps 10x Amid Market Slump</a></li>
</ul>
Photo: Shutterstock

Government

Latin America

Politics

Global

$BTC

Bukele's Big House: El Salvador Offers US A Prison Deal Like No Other, Musk Says 'Great Idea'

Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) is set to announce its fourth-quarter financial results on Wednesday before the opening bell. Here's a look at what to watch <a href="https://www.benzinga.com/trading-ideas/technicals/25/02/43475816/uber-stock-bullish-q4-earnings-bigger-rally">when the company reports. </a>
What To Watch: Investors will be interested in several of Uber's key performance indicators including gross bookings and monthly active platform consumers, MAPCs.&nbsp;&nbsp;
Uber's gross bookings grew by 16% to $40.97 billion in the third quarter, though this growth rate was slower than the previous year. The company reported 161 million users in the third quarter, up 13.4% year-over-year. 
Uber delivered record quarterly margins for both Mobility and Delivery in the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41692232/ubers-q3-review-analysts-see-opportunity-amid-growth-slowdown-strong-margins-and-ex">third quarter </a>and the Street will be looking to see if the ride-hailing giant can deliver again. 
Read Next: <a href="https://www.benzinga.com/25/02/43474797/amazon-faces-trumps-tariffs">Amazon &#8216;Relatively Well-Positioned&#8217; To Face Trump&#8217;s Tariffs: Analyst</a>&nbsp;
Expert Ideas: Several analysts updated coverage on Uber stock heading into the fourth-quarter print:&nbsp;
<ul>
<li>UBS analyst Lloyd Walmsley maintained with a Buy but lowered the price target from $114 to $107.</li>
<li>Piper Sandler analyst Thomas Champion maintained an Overweight rating and lowered the price target from $98 to $82.</li>
<li>Cantor Fitzgerald maintained its Overweight rating and raised the price target from $75 to $80.</li>
<li>Needham analyst Bernie McTernan reiterated with a Buy and maintained a $90 price target.</li>
</ul>
According to estimates from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, analysts expect Uber to report quarterly earnings of 49 cents per share on revenue of $11.77 billion. The company missed expectations on both the top and bottom lines in the third quarter.  
Uber shares are up more than 15% year-to-date after trading mostly flat through 2024.&nbsp;
UBER Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Uber shares rose 3.66% in Tuesday's session to close at $69.75.&nbsp;
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/02/43468887/robert-f-kennedy-nomination-advances-to-full-senate-vaccine-stocks-drop">Robert F. Kennedy&#8217;s Health Secretary Nomination Advances To Full Senate: Vaccine Stocks Drop&nbsp;</a></li>
</ul>
Photo: Shutterstock

Earnings

Previews

Tech

UBER

Uber Q4 Earnings Preview: Gross Bookings, Margins On Watch

Centene (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) has outperformed the market over the past 20 years by 2.02% on an annualized basis producing an average annual return of 10.38%. Currently, Centene has a market capitalization of $30.94 billion. 
Buying $100 In CNC: If an investor had bought $100 of CNC stock 20 years ago, it would be worth $738.88 today based on a price of $61.29 for CNC at the time of writing.
<h3>Centene's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738711813_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much $100 Invested In Centene 20 Years Ago Would Be Worth Today

American Tower (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>) has outperformed the market over the past 20 years by 4.07% on an annualized basis producing an average annual return of 12.43%. Currently, American Tower has a market capitalization of $86.04 billion. 
Buying $1000 In AMT: If an investor had bought $1000 of AMT stock 20 years ago, it would be worth $10,485.76 today based on a price of $184.13 for AMT at the time of writing.
<h3>American Tower's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738711035_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Google previously had strict guidelines when it came to <a href="https://www.benzinga.com/topic/ai">artificial intelligence</a>.
The Mountain View, California-based company, a subsidiary of Alphabet Inc. (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>), once pledged not to use the burgeoning tech field for harm.
Not anymore. 
What Happened: Google DeepMind CEO Demis Hassabis and Senior Vice President James Manyika co-authored <a href="https://blog.google/technology/ai/responsible-ai-2024-report-ongoing-work/">a blog post</a> that included an updated list of so-called &#8220;AI Principles.&#8221; (DeepMind is an artificial intelligence research laboratory.)
The <a href="https://blog.google/technology/ai/ai-principles/">original list</a>, published in 2018, included applications that the company pledged not to &#8220;pursue.&#8221; That included weapons, surveillance and technologies that "cause or are likely to cause overall harm."
Google tweaked those ethical guidelines as of today.
&#8220;There's a global competition taking place for AI leadership within an increasingly complex geopolitical landscape. We believe democracies should lead in AI development, guided by core values like freedom, equality, and respect for human rights,&#8221; the executives wrote. &#8220;And we believe that companies, governments, and organizations sharing these values should work together to create AI that protects people, promotes global growth, and supports national security.&#8221;
See Also: <a href="https://www.benzinga.com/news/23/11/35532527/lets-open-source-nuclear-weapons-too-godfather-of-ai-geoffrey-hinton-mocks-fellow-ai-godfathers-atte" target="_blank" rel="noreferrer noopener">‘Let's Open Source Nuclear Weapons': Godfather Of AI Mocks Attempts To Trivialize Risks Of AI</a>
Why It Matters: Big tech is currently in an AI arms race.
The debut of Hangzhou, China-based DeepSeek <a href="https://www.benzinga.com/25/01/43232316/deepseek-jitters-shatter-us-tech-stocks-wipe-out-12-trillion-on-wall-street-analyst-eyes-four-chinese-giants-set-to-benefit">sent the share prices</a> of U.S.-based tech companies plummeting. And that was just days after President Donald Trump <a href="https://www.benzinga.com/news/25/01/43200809/openais-sam-altman-flip-flops-on-trump-after-500-billion-stargate-ai-project-says-i-wish-i-had-done">boasted of a $500 billion &#8220;StarGate&#8221; project</a> with OpenAI. 
AI&#8217;s foremost <a href="https://www.benzinga.com/news/23/11/35947020/ai-godfathers-quarrel-over-the-risk-of-ai-taking-over-humanity-again">innovators are at odds</a> over whether <a href="https://www.benzinga.com/news/23/11/35532527/lets-open-source-nuclear-weapons-too-godfather-of-ai-geoffrey-hinton-mocks-fellow-ai-godfathers-atte" target="_blank" rel="noreferrer noopener">there should be a pause in AI development</a>. Skadden, Arps, Slate, Meagher &amp; Flom LLP <a href="https://www.skadden.com/insights/publications/2025/01/2025-insights-sections/revisiting-regulations-and-policies/us-federal-regulation-of-ai-is-likely-to-be-lighter">expects</a> government regulation in this sector to be light.
Meanwhile, Alphabet is profiting off of AI big time, according to its <a href="https://www.benzinga.com/25/02/43479274/alphabet-q4-earnings-highlights-ai-cloud-youtube-momentum-continues-capex-guidance-sends-shares-lower">fourth-quarter earnings</a>. Total revenue, $96.5 billion, is up 12% year-over-year. CEO Sundar Pichai credited the stellar financial results to the company&#8217;s AI innovations. 
"We are building, testing and launching products and models faster than ever, and making significant progress in compute and driving efficiencies," Pichai said.
&#8220;Our results show the power of our differentiated full-stack approach to AI innovation and the continued strength of our core business,&#8221; he added. Alphabet expects to have capital expenditures of $75 billion in 2025.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Hidden Gems in the DeepSeek Era: The Evolving AI Arms Race" width="500" height="281" src="https://www.youtube.com/embed/E-rH0kRt31I?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
GOOG Price Action: Alphabet stock closed Tuesday up 2.50% at $207.71 per share. After-hours trading sees the stock down 7.33% at $192.60.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43420511/palantir-ceo-alex-karp-sounds-alarm-on-chinas-deepseek-could-this-threaten-palantirs-ai-dominance">Palantir CEO Alex Karp Sounds Alarm on China&#8217;s Deepseek – Could This Threaten Palantir&#8217;s AI Dominance?</a></li>
</ul>
HAL Illustration courtesy of Shutterstock

After-Hours Center

GOOG

GOOGL

Google DeepMind Has Change Of Heart: AI Principles No Longer Include Promise Not To 'Cause Harm'

TD Securities analyst Wayne Lam initiates coverage on Orla Mining (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OLA#TSX">OLA</a>) with a Hold rating and announces Price Target of C$9.5.

Price Target

Initiation

Analyst Ratings

ORLA

TSX:OLA

TD Securities Initiates Coverage On Orla Mining with Hold Rating, Announces Price Target of C$9.5

TD Securities analyst Steven Green downgrades B2Gold (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BTO#TSX">BTO</a>) from Buy to Hold and lowers the price target from C$6 to C$4.

Downgrades

TSX:BTO

TD Securities Downgrades B2Gold to Hold, Lowers Price Target to C$4

Mattel, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) reported its fourth-quarter financial results after Tuesday's closing bell. Here's a look at the key <a href="https://www.benzinga.com/pressreleases/25/02/b43478101/mattel-reports-fourth-quarter-and-full-year-2024-financial-results">figures from the quarter.&nbsp;</a>
The Details: Mattel reported quarterly earnings of 35 cents per share, which beat the analyst consensus estimate of 20 cents. Quarterly revenue came in at $1.65 billion, which beat the analyst consensus estimate of $1.63 billion and is an increase over sales of $1.62 billion from&nbsp;the same period last year.
Gross billings in the North America segment increased 1% as reported and in constant currency, due to growth in Vehicles (primarily Hot Wheels) and Action Figures, Building Sets, Games, and Other (primarily Action Figures), partly offset by declines in Infant, Toddler, and Preschool (primarily Baby Gear and Power Wheels) and Dolls (primarily Barbie).
Gross billings in the International segment increased by 3% as reported, or 6% in constant currency, due to growth in Vehicles (primarily Hot Wheels) and Infant, Toddler, and Preschool, partly offset by declines in Dolls (primarily Barbie).
Read Next: <a href="https://www.benzinga.com/25/02/43474797/amazon-faces-trumps-tariffs">Amazon &#8216;Relatively Well-Positioned&#8217; To Face Trump&#8217;s Tariffs: Analyst</a>&nbsp;
&#8220;2024 was a year of strong operational excellence for Mattel with topline growth in the fourth quarter. Our priorities for the year were to grow profitability, expand gross margin, and generate strong free cash flow and we achieved all three objectives, well ahead of expectations. As we progress through 2025, our 80th anniversary year, we look forward to growing both top and bottom line and continuing to successfully execute our multi-year strategy,&#8221; said Ynon Kreiz, chairman and CEO of Mattel.
Outlook: Mattel sees fiscal 2025 earnings in a range of $1.66 to $1.72 per share and revenue up 2% to 3%.&nbsp;
MAT Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Mattel shares are up 7.91% after-hours at $19.50 Tuesday.  
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/02/43468887/robert-f-kennedy-nomination-advances-to-full-senate-vaccine-stocks-drop">Robert F. Kennedy&#8217;s Health Secretary Nomination Advances To Full Senate: Vaccine Stocks Drop&nbsp;</a></li>
</ul>
Photo: Shutterstock

Movers

Mattel Shares Climb After Better-Than-Expected Q4 Results, FY25 EPS Guidance Above Estimates

NVIDIA has received notice of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation dated January 21, 2025, to purchase up to 1 million shares of common stock at a price of $131.50 per share in cash. The offer represents less than 0.01% of NVIDIA's outstanding common stock.
TRC's offer is currently scheduled to expire one minute after 11:59 p.m., New York City time, on February 20, 2025. TRC may extend the offer, or terminate it, before the expiration date.
 &nbsp;

NVDA

NVIDIA Responds To TRC Capital's 'Mini-Tender' Offer; Expresses No Opinion And Is Neutral On TRC's Offer

Loop Capital analyst Laura Champine initiates coverage on Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Hold rating and announces Price Target of $250.

Loop Capital Initiates Coverage On Royal Caribbean Gr with Hold Rating, Announces Price Target of $250

Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) has outperformed the market over the past 5 years by 18.21% on an annualized basis producing an average annual return of 30.66%. Currently, Trade Desk has a market capitalization of $55.97 billion. 
Buying $100 In TTD: If an investor had bought $100 of TTD stock 5 years ago, it would be worth $389.73 today based on a price of $113.39 for TTD at the time of writing.
<h3>Trade Desk's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738710085_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Trade Desk Stock In The Last 5 Years

Loop Capital analyst Laura Champine initiates coverage on Norwegian Cruise Line (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) with a Hold rating and announces Price Target of $26.

NCLH

Loop Capital Initiates Coverage On Norwegian Cruise Line with Hold Rating, Announces Price Target of $26

Lumen Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) reported better-than-expected financial results for the fourth quarter Tuesday after the bell. Here&#8217;s a rundown <a href="https://www.benzinga.com/pressreleases/25/02/n43477885/lumen-technologies-reports-fourth-quarter-and-full-year-2024-results">of the report</a>.
<ul>
<li>Q4 Revenue: $3.33 billion, versus <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $3.2 billion</li>
</ul>
<ul>
<li>Q4 Adjusted EPS: 9 cents, versus estimates for a loss of 5 cents </li>
</ul>
Lumen said net cash from operations totaled $688 million in the fourth quarter, while free cash flow came in at negative $174 million. The company ended the quarter with $1.89 billion in cash and cash equivalents. 
&#8220;We made material progress strengthening our financial position, transforming our corporate functions, and building the backbone for the AI economy,&#8221; said&nbsp;Kate Johnson, president and CEO of Lumen. 
&#8220;This upcoming year, we will continue to drive operational excellence at Lumen, disrupt the industry by cloudifying telecom, and deliver connectivity to hyperscalers and enterprises as their demand for data grows in the era of AI.&#8221;
See Also: <a href="https://www.benzinga.com/news/earnings/25/02/43481122/enphase-energy-stock-rallies-after-strong-q4-results-q1-guidance-above-estimates">Enphase Energy Stock Rallies After Strong Q4 Results, Q1 Guidance Above Estimates</a>
Outlook: Lumen expects full-year 2025 adjusted EBITDA to be in the range of $3.2 billion to $3.4 billion, versus $3.94 billion in full-year 2024. The company expects to generate free cash flow of $700 million to $900 million in 2025. 
Management is currently discussing the quarter on a conference call that kicked off at 5 p.m. ET.
LUMN Price Action: Lumen shares were up 9.52% after hours, trading at $5.52 at the time of publication Tuesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
This illustration was generated using artificial intelligence via Midjourney.

LUMN

Lumen Technologies Stock Jumps On Strong Q4 Earnings, Company Says It's Building The 'Backbone' For The AI Economy

The dividend is payable&nbsp;March 12, 2025, to shareholders of record at the close of business on&nbsp;February 14, 2025.

Dividends

3M Raises Quarterly Dividend From $0.70 To $0.73 Per Share

Loop Capital analyst Laura Champine initiates coverage on Viking Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) with a Buy rating and announces Price Target of $55.

Loop Capital Initiates Coverage On Viking Holdings with Buy Rating, Announces Price Target of $55

A plan by Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) to offer event contracts for Super Bowl LIX has ended after pressure from the <a href="https://www.benzinga.com/government/regulations/25/02/43451872/kalshi-crypto-com-super-bowl-contracts-under-regulatory-scrutiny">Commodity Futures Trading Commission.</a>
What Happened: Robinhood's planned launch of more sports event contracts through a partnership with Kalshi was expected to come in time for Super Bowl LIX with the Kansas City Chiefs and Philadelphia Eagles <a href="https://www.benzinga.com/general/sports/25/01/43317260/kansas-city-chiefs-help-cbs-break-afc-championship-record-will-super-bowl-viewership-hit-new-highs">battling for the NFL championship</a> on Feb. 9.
Robinhood has ended its battle after receiving a formal request from the CFTC.
"The Commodity Futures Trading Commission has formally requested that Robinhood Derivatives LLC ‘not permit customers to access' sports event contracts," Robinhood <a href="https://newsroom.aboutrobinhood.com/robinhood-receives-formal-request-from-the-cftc-to-roll-back-the-pro-football-championship-market/">said </a>in a statement.
The company said it is suspending the rollout of the Pro Football Championship market, which was available to around 1% of customers currently. Existing trades by customers are expected to have the option to close the positions out or see them through to a resolution on the game.
"We are disappointed by this outcome, especially given that we had been in regular communication with the CFTC about our intent and plans to offer this product. We've also taken steps to advocate for balanced regulation in the futures and derivatives markets, including participating directly in a CFTC roundtable, providing written feedback to the CFTC, and generally championing the economic benefits of event contracts," stated Robinhood.
Read Also: <a href="https://www.benzinga.com/general/sports/25/01/43324031/super-bowl-lix-commercials-hit-record-8-million-how-fox-corporation-can-win-from-nfl-championship">Super Bowl LIX Commercials Hit Record $8 Million: How Fox Corporation Can Win From NFL Championship</a>
Why It's Important: The withdrawal of the event contracts on the Super Bowl could prove beneficial to sports betting companies such as DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) and Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) unit FanDuel, which dominate the U.S. market.
The Super Bowl is the most watched sporting event in the U.S. and one of the most bet on sports contests in the country. &nbsp;
While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area that has led to disputes and likely ended the Robinhood launch, as <a href="https://www.wsj.com/finance/robinhood-yanks-super-bowl-betting-contracts-after-regulators-pushback-2ee0eeab?mod=hp_lead_pos6">reported </a>by the Wall Street Journal.
The CFTC is reviewing Super Bowl contracts issued by Kalshi and Crypto.com.
Robinhood said it will continue to collaborate with the CFTC in the future.
"As we work to roll out a more comprehensive event contracts platform later this year."
Robinhood said it <a href="https://www.benzinga.com/general/sports-betting/24/12/42345211/robinhood-ceo-vlad-tenev-says-sports-betting-comments-taken-a-little-bit-out-of-context-but-he-also-wouldnt-rule-it-out">was considering expansion</a> into sports betting at its December Investor Day event.
"I wouldn't expect us to launch sports betting soon. But I also wouldn't rule it out," Robinhood CEO Vlad Tenev later clarified while saying his Investor Day comments may have been taken out of context.
The company previously offered event contracts for the<a href="https://www.benzinga.com/general/sports-betting/24/11/41719799/robinhood-passes-100-million-2024-election-contracts-do-users-favor-trump-or-harris-on-sto"> 2024 presidential election, </a>which saw strong demand with more than 400 million contracts traded by over 500,000 Robinhood users.
HOOD Price Action: Robinhood stock is down 0.25% in after-hours trading to $52.45 on Tuesday after shares closed up 1.31% to $52.58. The stock has traded between $10.51 and $53.51 over the past year with shares up 398% over the last 52 weeks.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/25/02/43480342/chiefs-chase-historic-super-bowl-three-peat-and-nba-legend-stands-to-gain">Chiefs Chase Historic Super Bowl Three-Peat — And NBA Legend Stands To Gain</a></li>
</ul>
Photo: Shutterstock

Sports Betting

DKNG

FLUT

HOOD

Robinhood Ends Super Bowl LIX Bets Plan After CFTC Complaint: 'Work To Roll Out A More Comprehensive Contracts Platform Later This Year'

The offering is expected to close on February 7, 2025, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes, including the repayment, repurchase, or redemption of its outstanding 3.650% Senior Notes due 2025 and 2.850% Senior Notes due 2025.
 &nbsp;

Offerings

Valero Energy Prices Public Offering Of $650M Of 5.150% Senior Notes Due 2030

For 2025, NOV expects a more challenging macro environment and geopolitical uncertainties to result in flat-to-lower global industry activity. However, the company expect that growing backlog of higher margin offshore production-related capital equipment, along with continued market adoption of its new technologies, will enable it to continue to improve profitability and generate healthy levels of cash flow through the year.

Guidance

NOV Expects Q1 Consolidated Revenues To Be Down 1% - 3% YoY With Adjusted EBITDA Of $235M - $265M

Barclays analyst Andrew Lazar maintains BellRing Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRBR#NYSE">BRBR</a>) with a Overweight and raises the price target from $79 to $85.

BRBR

Barclays Maintains Overweight on BellRing Brands, Raises Price Target to $85

Match Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) shares are facing selling pressure in extended trading Tuesday after the company reported fourth-quarter financial results and <a href="https://www.benzinga.com/pressreleases/25/02/n43480601/spencer-rascoff-appointed-match-group-chief-executive-officer">announced a CEO transition</a>.
<ul>
<li>Q4 Revenue: $860 million, versus estimates of $858.84 million</li>
</ul>
<ul>
<li>Q4 EPS: 59 cents, versus estimates of 55 cents</li>
</ul>
Total revenue declined 1% year-over-year as payers fell 4% year-over-year to 14.6 million. Tinder revenue was down 3% year-over-year, while Hinge revenue increased 27% year-over-year. Revenue for the Evergreen and Emerging category fell 8% year-over-year and Match Group Asia revenue declined 9% year-over-year. 
&#8220;We had a strong finish to the year and are seeing solid peak season new user trends &#8230; &nbsp;Our 2025&nbsp;outlook&nbsp;remains unchanged since Investor Day on a FX neutral basis, though the strengthening U.S. dollar continues to put pressure on as reported results,&#8221; said&nbsp;Steven Bailey, Match Group&#8217;s incoming CFO.
Related Link: <a href="https://www.benzinga.com/news/earnings/25/02/43480688/amd-q4-earnings-revenue-beat-eps-beat-data-center-continued-growth">AMD Q4 Earnings: Revenue Beat, EPS Beat, Data Center Up 69%, &#8216;Clear Opportunities&#8217; For Continued Growth And More</a>
Outlook: Match Group expects first-quarter revenue to be in the range of $820 million to $830 million versus estimates of $853.09 million. The company expects full-year 2025 revenue to be between $3.38 billion and $3.5 billion. 
Match Group also announced Spencer Rascoff&nbsp;was named CEO, effective immediately. Racoff will succeed Bernard Kim, who is stepping down from his role.
Match Group executives will discuss the quarter on a call set for 8:30 a.m. Wednesday morning.
MTCH Price Action: <a href="http://benzinga.com/quote/mtch">Match Group shares</a> were down 8.23% after-hours, trading at $33.47 at the time of publication Tuesday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Social Media

Management

MTCH

Market Swipes Left On Match Group Q4 Earnings, CEO Breakup

Press Releases

Octane All-Cap Value Energy ETF (OCTA) to Close

토탈에너지스 SE(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>)의 주식은 월요일 2% 이상 하락했다. 이 회사는 미국 당국이 아다니 그룹(Adani Group)의 인도 재생 에너지 부문의 일부 임원들을 기소한 사실을 알게 되었다고 밝혔다.
이번 기소는 아다니 그린 에너지(AGEL) 또는 그 관련 법인들을 겨냥한 것이 니다. 또한, 토탈에너지스도 이 혐의에 연루되지 않았다.
토탈에너지스는 AGEL에 19.75%의 지분을 보유하고 있으며, 2020년부터 2024년 사이에 설립된 AGEL 프로젝트의 50% 합작 투자 파트너이다.
혐의와 그 함의에 대한 명확한 설명이 있을 때까지 토탈에너지스는 아다니 그룹 투자에 대한 새로운 재정 기여를 중단할 것이다.
토탈에너지스는 법률 및 실사 프로세스를 준수하여 이루어진 AGEL에 대한 투자가 조사에 대한 사전 지식 없이 판매자들의 진술을 기반으로 했다고 밝혔습니다.
이 외에도 토탈에너지스는 에어리퀴드(Air Liquide)와 협력하여 프랑스 남동부의 라 메드(La Mède) 바이오 정유소에서 재생 가능 수소를 생산하여 <a href="https://totalenergies.com/news/press-releases/hydrogen-totalenergies-accelerates-decarbonization-its-platform-la-mede" target="_blank" rel="noreferrer noopener">2030</a>년까지 유럽 정유소에서 수소 사용의 탈탄소화를 목표로 하고 있다.
이 이니셔티브는 엔지(ENGIE)와 함께 개발한 마실리아(Masshylia) 그린 수소 프로젝트를 보완한다. 이 두 프로젝트는 라 메드의 연간 CO2 배출량을 130,000톤 줄이는 것을 목표로 한다.
또한, 토탈에너지스와 엔지는 마실리아 프로젝트를 진행하여 <a href="https://totalenergies.com/news/press-releases/hydrogen-totalenergies-accelerates-decarbonization-its-platform-la-mede" target="_blank" rel="noreferrer noopener">매년 10,000톤의 녹색 수소를 생산</a>하기 위해 물 전기분해를 활용할 계획이다.
이는 라 메드 바이오 정유소의 탈탄소화에 기여하고 Fos-Berre 산업 항만 구역의 현지 고객에게 서비스를 제공할 것이다. 첫 번째 20 MW 전해조는 2029년 가동을 목표로 하며, 이는 유럽 및 프랑스 보조금과 공적 승인에 따라 달라질 수 있다.
지난주, 이 회사는 오일 인도(Oil India Limited, OIL)와 협력 계약을 체결하여 토탈에너지스의 AUSEA 기술을 사용하여 메탄 배출 감지 및 인도의 <a href="https://www.benzinga.com/news/contracts/24/11/42068616/totalenergies-expands-decarbonization-efforts-through-partnership-with-oil-india-limited" target="_blank" rel="noreferrer noopener">OIL 현장 측정을</a> 실시하기로 했다.
투자자들은 First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIPX#NYSE">EIPX</a>) 및 Octane All-Cap Value Energy ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCTA#NASDAQ">OCTA</a>)를 통해 이 주식에 노출될 수 있다.
주가 동향: 토탈에너지스의 주가가 월요일 2.35% 하락한 $58.26에 마감되었다.
다음 읽기:
<ul>
<li><a href="https://www.benzinga.com//node/42164661" target="_blank" rel="noreferrer noopener">EQT, 35억 달러 지원 확보: 블랙스톤 JV가 중간 단계 확장 지원</a></li>
</ul>
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

Comments

Octane All-Cap Value Energy ETF

뉴스

에 대한 최신 뉴스 Octane All-Cap Value Energy ETF (NASDAQ:OCTA)

월요일, 11월 25, 2024

뉴스

파트너 / 기고자

벤징가 글로벌