Ferrari Option Alert: Dec 19 $350 Calls at the Bid: 30 vs 63 OI

Ferrari Option Alert: Dec 19 $350 Calls at the Bid: 30 @ $170.0 vs 63 OI; Ref=$503.01

Ferrari (NYSE:RACE) 주식

Ferrari

Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, mainland China, Hong Kong, and Taiwan was 10%, and the rest of Asia was 13%.

News

RACE

STLA

자동차 제조업체들은 도널드 트럼프 대통령의 세금 인상 제안으로 인해 글로벌 생산 전략이 흔들릴 위험에 직면하고 있다. 이는 미국에서 판매된 약 1,600만 대의 차량 중 거의 절반을 수입한 산업을 재편할 가능성이 있다.

트럼프의 관세 위협이 이 산업에 1,000억 달러의 규모의 혼란을 초래

Movers

APTV

TSLA

뱅크오브아메리카는 2025년에 실적이 개선될 것으로 예상되는 주요 자동차 주식 3종목으로 페라리(RACE), 앱티브(NYSE:APTV) 및 오토네이션(NYSE:AN)을 선정했다. 이들 기업은 최근의 변동성과 섹터 내 과제에도 불구하고 자동차 산업의 지속적인 추세로부터 혜택을 받을 수 있는 좋은 위치에 있다고 강조했다.

뱅크오브아메리카: 2025년 상승할 자동차 주식 3종목은?

럭셔리 자동차 판매와 관련하여, 페라리(NYSE:RACE), 롤스로이스 및 마세라티와 같은 브랜드들은 그들의 차량만큼이나 화려한 전략을 사용한다. 이 자동차 제조사들은 고객이 그들의 차량을 거부할 수 없게 만드는 방법을 잘 알고 있으며, 때로는 고객들이 회사를 대신하여 일을 해주고 있다는 느낌을 받게 하여 마치 좋은 거래를 하고 있는 것처럼 느끼게 만든다.

페라리는 고객을 상대로 영리한 방법을 고안, 롤스로이스와 마세라티는 다른 길을 선택

Ferrari NV

Race Oncology Ltd

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) is a &#8220;meme&#8221; stock and that he doesn't need it because it&#8217;s losing <a href="https://www.benzinga.com/quote/SERV/earnings">too much money</a>.
The company reported weaker-than-expected fourth-quarter results. Adjusted EPS loss of 23 cents missed the consensus estimate for a loss of 18 cents.
&#8220;I'm kind of blown away about how badly the stock acts,&#8221; Cramer said when asked about The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>). &#8220;We get them on, maybe we can get some answers. Otherwise it's going to keep going down I'm afraid. &#8220;
As per the recent news, Trade Desk announced the appointment of Vivek Kundra as CEO, effective March 31.
Jim Cramer recommended buying Louisiana-Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPX#NYSE">LPX</a>) here.
On Feb. 19, Louisiana-Pacific reported fourth-quarter net sales growth of 3.5% year-over-year to $681 million, beating the consensus of $666.753 million.
Cramer said Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>) has &#8220;got so much business in America&#8221; and added that it's a great idea to buy the stock.
In the recent news, Enbridge named Steven W. Williams as chair of the board, effective May 7.
SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) is a &#8220;meme&#8221; stock, Cramer said.
The company announced it will participate in the 2025 Nvidia GPU Technology Conference.
The Mad Money host recommended buying Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>).
Accenture on Thursday announced a strategic investment in OPAQUE, a firm providing a secure AI platform designed to allow organizations to run large-scale, general-purpose AI workloads with encrypted data.
Price Action:
<ul>
<li>Serve Robotics shares jumped 9.1% to settle at $7.66 on Friday.</li>
<li>Trade Desk shares rose 0.1% to close at $53.94 during the session.</li>
<li>Louisiana-Pacific shares gained 2.4% to settle at $91.55.</li>
<li>Enbridge shares rose 0.7% to close at $42.83.</li>
<li>SoundHound AI shares jumped 16.1% to close at $10.34 on Friday.</li>
<li>Accenture shares gained 0.6% to settle at $318.82.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/25/03/44326690/top-3-materials-stocks-that-may-collapse-in-march">Top 3 Materials Stocks That May Collapse In March</a></li>
</ul>
Photo: Shutterstock

Markets

Media

Trading Ideas

SERV

SOUN

Jim Cramer Calls This Stock A 'Meme Stock,' Recommends Buying Accenture

Truist Securities analyst Jake Bartlett maintains Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) with a Buy and raises the price target from $200 to $212.

Price Target

Analyst Ratings

Truist Securities Maintains Buy on Darden Restaurants, Raises Price Target to $212

WIIM

ANTE

AirNet Technology shares are trading higher after the company announced the execution of a non-binding investment LOI with LLP STH Corp, a Kazakstan company.

Intel Corp&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) incoming CEO, Lip-Bu Tan, is planning a major overhaul of the company&#8217;s chip manufacturing and artificial intelligence operations, aiming to breathe new life into the struggling tech giant.
What Happened: Tan is considering significant changes to the company&#8217;s approach to AI and chip manufacturing. This includes staff cuts to address what he sees as a slow-moving and bloated middle management layer, according to a Reuters report on Monday.
Revamping the manufacturing operations, which once exclusively produced chips, but now also cater to external clients like Nvidia, is one of Tan&#8217;s key priorities.
Tan, who was previously a member of Intel&#8217;s board and&nbsp;CEO of chip design software&nbsp;firm Cadence Design Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) is poised to lead the company after a decade of setbacks under previous CEOs. These missteps led to Intel missing out on the booming demand for AI processors and smartphone chips, allowing competitors like Arm Holdings and Nvidia to dominate these markets.
Under Tan&#8217;s leadership, Intel is striving to enhance the performance of its manufacturing division, Intel Foundry, by actively securing new customers. The company also plans to restart the production of&nbsp;chips that drive AI servers&nbsp;and explore areas beyond servers, such as software, robotics, and AI foundation models.
SEE ALSO: <a href="https://www.benzinga.com/tech/25/03/44296708/ibm-ceo-arvind-krishna-says-deepseek-an-indicator-of-whats-to-come-predicts-ai-models-will-use-just-1-of-todays-energy-in-5-years">IBM CEO Arvind Krishna Says DeepSeek An Indicator Of What&#8217;s To Come, Predicts AI Models Will Use Just 1% Of Today&#8217;s Energy In 5 Years</a>
Why It Matters: Despite the ambitious plans, Tan&#8217;s strategy seems to be an enhancement of former CEO Pat Gelsinger&#8216;s turnaround plan, which sought to reshape Intel into a contract chip manufacturer. However, Gelsinger&#8217;s plan had to be scaled back due to cooling demand for Intel&#8217;s core products.
Tan&#8217;s appointment as CEO was announced on March 13, and it led to a surge in <a href="https://www.benzinga.com/markets/25/03/44297910/intel-stock-soars-nearly-12-in-thursday-pre-market-whats-going-on">Intel&#8217;s stock</a>. His incoming leadership and the proposed changes are seen as a potential turning point for Intel, which has been struggling to keep up with competitors in the rapidly evolving tech industry. In a town hall address held after his appointment, the CEO cautioned employees that the company will need to make &#8220;tough decisions.&#8221;
As Tan steps into his new role, the tech industry will be watching closely to see if his planned changes can turn around the fortunes of the ailing tech giant.
Intel stock has surged more than 18% over the past 5 days to close at $24.05 on Friday, as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Intel holds a momentum rating of 31.37% and a growth rating of 80.60%, according to&nbsp;<a href="https://www.benzinga.com/report/INTC" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock&#8217;s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="445" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/17082207/image-139.png" alt="" class="wp-image-827199" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/17082207/image-139.png 445w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/17082207/image-139-300x189.png 300w" sizes="(max-width: 445px) 100vw, 445px" /></figure>
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</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

CDNS

INTC

Intel's New CEO Charts Revival Plan, Warns Of 'Tough Decisions' Ahead: Report

UBS analyst Brennan Hawken upgrades Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) from Neutral to Buy and maintains the price target from $180 to $180.

Upgrades

UBS Upgrades Blackstone to Buy, Maintains Price Target to $180

Truist Securities analyst Bertrand Donnes maintains BKV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKV#NYSE">BKV</a>) with a Buy and lowers the price target from $31 to $30.

Truist Securities Maintains Buy on BKV, Lowers Price Target to $30

Castellum shares are trading lower after the company announced the pricing of a $4.5 million public offering of common stock and warrants.

<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="576" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/17074527/WechatIMG18690-1024x576.png" alt="" class="wp-image-8014" style="width:928px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/17074527/WechatIMG18690-1024x576.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/17074527/WechatIMG18690-300x169.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/17074527/WechatIMG18690-768x432.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/17074527/WechatIMG18690.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The car trader that recently shifted to bitcoin mining said a group wants to buy a controlling stake from Cango's co-founders
Cango Inc.&nbsp;(CANG.US)&nbsp;<a href="https://www.prnewswire.com/news-releases/cango-inc-announces-receipt-of-a-preliminary-non-binding-letter-of-intent-and-formation-of-special-committee-302401855.html#:~:text=(NYSE%3A%20CANG)%20(%22,its%20non%2Dbinding%20intent%20to">said on Friday</a>&nbsp;it has been approached by an investor interested in taking control of the company, representing the first such bid since its pivot late last year from car trading services to bitcoin mining. Such offers typically carry big premiums to a company's current value, which for Cango currently stands at about $400 million.
Cango said it received the non-binding letter of intent to obtain control of the company from Enduring Wealth Capital Ltd., which wants to acquire 10 million Class-B shares held by Cango co-founders Zhang Xiaojun and Lin Jiayuan. Zhang is currently Cango's chairman, while Lin is its CEO. Zhang held 22.8% of Cango's ordinary shares with 48.4% of its voting power at the end of 2023, while Lin held 22.4% with 44.1% of the voting power, according to the company's latest annual report filed last April.
Enduring Wealth said it would like to purchase the 10 million shares from the co-founders "at a purchase price in cash to be agreed among the parties," according to Cango. As part of any agreement, Cango's management would be "restructured in such manner as requested by Enduring Wealth Capital," the statement added.
Furthermore, any deal would likely require Cango to dispose of its existing car-trading business in China, with Enduring Wealth offering to "introduce a potential buyer." Such moves would allow Cango, which is based in China but operates its bitcoin mining business outside the country, to terminate its status as a "China concept stock" with the U.S. securities regulator.
Enduring Capital's key decision makers are Andrea Dal Mas and Yu Peng, who are both directors of the company. Dal Mas' LinkedIn profile describes him as a managing partner at Singapore-based Antalpha Ventures, "where he focuses on strategic investments in blockchain technology and artificial intelligence companies." Cango described Yu as "a seasoned and accomplished finance professional with extensive experience in investment management and asset management." Yu was described as Antalpha's chief strategy officer in an August 2024 announcement from virtual asset manager Pando.
Cango said its board resolved to form a committee consisting of its three independent directors to consider the proposal.
Cango's shares rose 14.6% in Friday trading after the announcement. The company's stock is up nearly 150% over the last six months, most of that coming after Cango announced its entry into the bitcoin mining business last November. Before that, the company was mostly focused on the car business in China, starting as an auto financer before more recently shifting its business to auto trading services.
Cango used its large cash reserves to enter the bitcoin mining business, purchasing $250 million worth of mining machines with plans to acquire another $150 million worth. The company began mining bitcoins in November and had mined 1,944.2 bitcoins through the end of February.
Following its entry to the bitcoin mining business, the company's revenue jumped by more than a factor of five to 668 million yuan ($92 million) in last year's fourth quarter from 130.2 million a year earlier. Most of that came from the new bitcoin mining business, though the company continues to operate its car-trading business that offers both domestic and transborder trading services.

Equities

Signals

CANG

Cango Stock Rises ~15% On Buyout Interest

Truist Securities analyst Neal Dingmann maintains Expand Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXE#NASDAQ">EXE</a>) with a Buy and lowers the price target from $133 to $131.

Truist Securities Maintains Buy on Expand Energy, Lowers Price Target to $131

UBS analyst Manav Gupta upgrades Calumet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) from Sell to Neutral and lowers the price target from $15 to $12.

CLMT

UBS Upgrades Calumet to Neutral, Lowers Price Target to $12

Truist Securities analyst Bertrand Hodee maintains Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) with a Hold and raises the price target from $35 to $37.

Truist Securities Maintains Hold on Range Resources, Raises Price Target to $37

Citigroup analyst Andrew Kaplowitz reinstates Emerson Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) with a Buy and announces $132 price target.

Initiation

Citigroup Reinstates Buy on Emerson Electric, Announces $132 Price Target

Science Applications International Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) shares are <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading higher in premarket</a> on Monday after the fourth-quarter FY25 earnings.
The company reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/g44352871/saic-announces-fourth-quarter-and-full-fiscal-year-2025-results" rel="noreferrer noopener">fourth-quarter sales growth </a>of 6% year-on-year to $1.84 billion, beating the analyst consensus estimate of $1.81 billion.
Adjusted EPS of $2.57 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the consensus </a>estimate of $2.08.
The operating income for the quarter jumped 75% to $138 million and the operating margin expanded by 300 basis points to 7.5%.
Adjusted EBITDA increased 39% to $177 million with an adjusted EBITDA margin of 9.6%, a 230 basis points expansion.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/03/44352234/astrazeneca-seals-deal-for-esobiotec-to-advance-cell-therapy-details" rel="noreferrer noopener">AstraZeneca Seals Deal For EsoBiotec To Advance Cell Therapy: Details</a>
Net bookings for the quarter were approximately $1.3 billion, which reflects a book-to-bill ratio of approximately 0.7.  The operating cash flow for the quarter totaled $115 million, with transaction-adjusted free cash flow of $236 million.
SAIC&#8217;s estimated backlog at the end of fiscal year 2025 was approximately $21.9 billion of which $3.4 billion was funded. The company held $64 million in cash and equivalents as of January 31, 2025.
&#8220;Subsequent to quarter close, we received a $1.8 billion award for our largest recompete win in recent years, the System Software Lifecycle Engineering program. This important win along with&nbsp;a backlog of submitted bids valued at approximately $20 billion reflect the momentum we are building inside the company,&#8221; said CEO Toni Townes-Whitley.
Outlook: Science Applications revised the FY26 revenue outlook from $7.55 billion &#8211; $7.75 billion to $7.60 billion &#8211; $7.75 billion versus an estimate of $7.644 billion.
The company also raised the FY26 adjusted EPS outlook from $8.90 &#8211; $9.10 to $9.10 &#8211; $9.30 against an estimate of $9.07.
Price Action: SAIC shares traded higher by 9.16% at $114.00 in premarket at last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44327146/whats-going-on-with-palantir-technologies-stock-today" target="_blank" rel="noreferrer noopener">Palantir Technologies Partners With RCM Company R1For AI Lab</a></li>
</ul>

Earnings

Guidance

General

SAIC

Science Applications Q4 Earnings Crush Estimates Helped By New Contract Volume, Stock Gains

Citigroup analyst Lydia Ling downgrades RLX Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLX#NYSE">RLX</a>) from Buy to Neutral and lowers the price target from $2.8 to $2.5.

Downgrades

Citigroup Downgrades RLX Technology to Neutral, Lowers Price Target to $2.5

Earnings Beats

SBET

SharpLink Gaming FY24 EPS $2.29 Up From $(5.19) YoY; Revenue $3.662M Down From $4.952M YoY

Guess?, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>) ("Guess?" or the "Company") today announced that its Board of Directors (the "Board") has received a non-binding proposal from WHP Global through its affiliate WHP Investments, LLC, to acquire for $13.00 per share in cash the outstanding shares of Guess?, Inc., other than shares held by certain existing shareholders, including Paul Marciano, Maurice Marciano and Carlos Alberini (collectively, the "Proposed Rollover Shareholders"). The proposal contemplates that the proposed transaction would be financed through a combination of equity and third-party debt financing, as well as rollover or reinvestment by each of the Proposed Rollover Shareholders, and assumes that the Company will operate in the ordinary course of business and that there will be no material change to the strategic and operational position of the Company.
Guess? has formed a Special Committee of independent and disinterested directors of the Board (the "Special Committee") to evaluate the proposal, with the assistance of outside financial and legal advisors, to determine the course of action that is in the best interest of Guess? and its shareholders.
There is no guarantee that any definitive offer will be made, that any agreement will be executed or that the proposed transaction in the proposal or any other transaction will be approved or completed. Guess? does not intend to comment further on this matter until the Special Committee has completed its evaluation of the proposal or until further disclosure is deemed appropriate. Guess? shareholders do not need to take any action at this time.
In April 2024, the Company partnered with WHP Global to acquire the intellectual property and operating assets of New York-based fashion brand rag &amp; bone, a leader in the American fashion scene, with the Company directly operating rag &amp; bone stores in the U.S. and in the U.K., and also having rag &amp; bone available in high-end boutiques, department stores and through e-commerce globally.

Guess? Receives Non-Binding Going-Private Proposal From WHP Global; To Acquire The Company For  $13.00 Per Share In Cash

SIDU

Sidus Space Announces Launch, Deployment And Operation Of LizzieSat-3

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L. Smith, <a href="https://www.benzinga.com/topic/bitcoin-miners">U.S.-listed miners</a> are now trading at just 1.35x their proportional share of the four-year block reward opportunity &#8211; marking the first time in nearly a year that valuations have fallen below the 1.7x historical average since January 2022.
<h2 class="wp-block-heading">Bitcoin Price Drops, Mining Competition Rises</h2>
The culprit? A combination of Bitcoin's price decline and rising mining competition. March saw Bitcoin&#8217;s average price drop 10% to $85,600, briefly dipping as low as $79,000.
Related: <a href="http://Bitcoin Drop Shakes Crypto Stocks As Coinbase, Robinhood, MARA, Riot Dip: Do Traders See A Bargain?">Bitcoin Drop Shakes Crypto Stocks As Coinbase, Robinhood, MARA, Riot Dip: Do Traders See A Bargain?</a>
Meanwhile, network hashrate, a key measure of mining difficulty, climbed to an average of 811 EH/s, up 35% year-over-year. With more miners vying for a slice of the pie, daily mining profitability continues to erode.
<h2 class="wp-block-heading">Mining Stocks Struggle, Market Cap Takes A Hit</h2>
Mining stocks have taken it on the chin. From Feb. 28 to March 15, the combined market cap of the 14 U.S.-listed miners JPMorgan tracks fell 13% &#8211; recording a $3 billion hit. 
Just one miner outperformed Bitcoin's price movement in that span. Cipher Mining Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) led the losers, dropping 25%, while Argo Blockchain PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) was the lone bright spot, eking out a 1% gain.
<h2 class="wp-block-heading">US-Listed Miners Hold Market Share</h2>
Despite the challenges, U.S.-listed miners have held their ground in terms of market share. They added roughly 1 EH/s since late January, keeping their slice of the global hashrate steady at around 30%. 
Bitfarms Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITF#NASDAQ">BITF</a>) and CleanSpark Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) led the charge, while Core Scientific Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) and Hut 8 Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) saw slight declines in self-mining capacity.
For now, the sector is caught in a squeeze—declining Bitcoin prices and increased competition are making mining a tougher business. With valuations slipping below long-term averages, the question remains: Are investors overreacting or is this a sign of tougher days ahead?
Read Next: 
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<li><a href="https://www.benzinga.com/25/03/44353212/can-bitcoins-ibit-surpass-spy-to-become-the-largest-etf-we-asked-ai-bots-perplexity-and-grok-this-question-and-heres-how-they-responded">Can Bitcoin&#8217;s IBIT Surpass SPY To Become The Largest ETF? We Asked AI Bots Perplexity And Grok This Question, And Here&#8217;s What They Said</a></li>
</ul>
Photo: Shutterstock

Analyst Color

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

Cryptocurrency

Long Ideas

Tech

$BTC

ARBK

BITF

CIFR

CLSK

Core Scientific, Inc. - Class A Common Stock

CORZ

Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year

PepsiCo To Acquire poppi For $1.95B, Net Purchase Price $1.65B

Macquarie analyst Eugene Hsiao downgrades Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) from Outperform to Neutral and announces $27 price target.

Macquarie Downgrades Li Auto to Neutral, Announces $27 Price Target

Press Releases

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

ANOTHER YEAR OF STRONG PERFORMANCE, ALL 2024 TARGETS EXCEEDED. FURTHER GROWTH IN 2025.

DIVIDEND DISTRIBUTION PROPOSAL

FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F

Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor's Accelerated Bookbuild Offering

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