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POET Technologies Stock Jumps: What Investors Need To Know
Benzinga· 2026-02-24 16:18
POET Technologies stock is surging to new heights today. What’s fueling POET momentum?MMCAP Discloses 10% Passive StakeThe position includes more than 1.5 million shares already held and nearly 13 million additional shares issuable upon the exercise of warrants that are currently exercisable. The disclosure reflects holdings as of Dec. 31, 2025 and was signed Feb. 17.Institutional Stake Signals Investor ConfidenceTraders often view new or increased positions by specialized institutional investors as a vote ...
IonQ's Price Target Takes a Hit As The Stock Heads Into Earnings
Benzinga· 2026-02-24 16:03
Here's a look at what investors need to know. IONQ stock is moving. See the chart and price action here. Just before the upcoming Q4 earnings report expected on Wednesday afternoon, Morgan Stanley analyst Joseph Moore slashed his price projection for IonQ. The new target is $35, down from $58, suggesting modest growth of roughly 13.7%. The analyst kept his neutral Hold rating as the company prepares to share its data on Wednesday evening.Factors Behind the CutMoore's decision to lower IonQ's valuation stems ...
Behind the Scenes of Lowe's Companies's Latest Options Trends - Lowe's Companies (NYSE:LOW)
Benzinga· 2026-02-24 16:00
Investors with a lot of money to spend have taken a bullish stance on Lowe's Companies (NYSE:LOW).And retail traders should know.We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LOW, it often means somebody knows something is about to happen.Today, Benzinga's options scanner spotted 10 options trades for Lowe's Companies.Th ...
Rocket Lab Stock Edges Lower Tuesday: What's Going On?
Benzinga· 2026-02-24 15:59
Rocket Lab shares are under pressure. Why is RKLB stock retreating?SpaceX IPO Weighs On Rocket LabRocket Lab has been under pressure, down 13% over the past month, as investors shift money away from smaller launch providers amid speculation that SpaceX could pursue a $1.5 trillion IPO.Additionally, Congress’s recent decision to withhold funding for NASA’s planned 2031 Mars sample-return mission has led to a reassessment of Rocket Lab’s long-term opportunities in deep space.Earnings Loom With Bullish Targets ...
Senators Want The CFTC To Kill Polymarket's Most Controversial Bets On Death, War, Terror - Coinbase Global (NASDAQ:COIN), DraftKings (NASDAQ:DKNG)
Benzinga· 2026-02-24 15:46
Six Democratic senators are demanding CFTC Chairman Michael Selig ban prediction market contracts that resolve on someone dying, a city being captured or a NASA rocket exploding.The letter, led by Sen. Adam Schiff (D-Calif.), goes further than just the three examples. The senators are asking the CFTC to reiterate that contracts involving gaming, sports, war, terrorism, assassination or similar activities are barred from being listed, traded or cleared under the Commodity Exchange Act. They also want CFTC Ch ...
SoundHound AI Jumps As New Retail Agentic AI Launches
Benzinga· 2026-02-24 15:38
Core Insights - SoundHound AI stock is experiencing upward movement, attributed to the launch of its new AI-powered tool, Sales Assist, aimed at enhancing customer interactions in telecom retail [1][2]. Group 1: Product Launch and Market Impact - Sales Assist is a voice-powered tool designed to analyze customer conversations and provide instant recommendations to store staff, targeting telecom retailers to streamline sales processes [2][3]. - The product aims to reduce transaction times and increase revenue per customer by offering features like upgrade eligibility checks and promotional suggestions [2][3]. Group 2: Enterprise Growth and AI Expansion - SoundHound's AI platform supports numerous large enterprise deployments, processing nearly 30 million AI-driven customer interactions in 2025, indicating strong demand for AI solutions in retail and telecom sectors [4]. - The new offering is expected to enhance SoundHound's presence in Europe and boost recurring software revenue as more retailers adopt AI for compliance and training efficiencies [4]. Group 3: Stock Performance and Technical Analysis - SoundHound AI is currently trading 5.2% below its 20-day simple moving average and 20.6% below its 100-day simple moving average, reflecting short-term weakness despite recent gains [5]. - Over the past year, shares have decreased by 12.73%, positioning them closer to 52-week lows [5]. - The RSI is at 37.46, indicating neutral territory, while the MACD shows a bullish crossover, suggesting potential for recovery under favorable market conditions [6]. Group 4: Market Sentiment and Price Action - SoundHound AI has a strong Momentum score of 9.31, although its price trends in the short, medium, and long term are flagged as negative [7]. - As of the latest data, SoundHound AI shares increased by 6.90% to $8.36, with key resistance at $9.00 and support at $7.00 [8].
PayPal Stock Edges Lower Tuesday: What's Driving The Action?
Benzinga· 2026-02-24 15:35
PayPal Holdings stock is under selling pressure. What’s pulling PYPL shares down?Takeover Interest Follows Leadership ShakeupPayPal has drawn takeover interest after its shares lost more than 40% over the past year, prompting discussions with banks about potential bids from competitors. PayPal stock traded higher on Monday on reports about a potential deal, but it’s giving back some of the gains on Tuesday. The company recently appointed HP Inc CEO Enrique Lores as its new CEO, effective March 1, after a su ...
Why Is DocuSign Stock Gaining Today? - Docusign (NASDAQ:DOCU)
Benzinga· 2026-02-24 15:25
DocuSign, Inc. (NASDAQ:DOCU) shares are up on Tuesday as the company announced a partnership with Anthropic to enhance its Intelligent Agreement Management platform.This news comes as the broader market is experiencing a mixed session, with the Nasdaq down slightly while the Technology sector is showing minor gains, adding pressure as broader markets edged lower.DocuSign’s integration with Anthropic’s Cowork aims to transform how teams manage agreements, moving from passive summarization to active execution ...
MercadoLibre Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - MercadoLibre (NASDAQ:MELI)
Benzinga· 2026-02-24 15:21
MercadoLibre, Inc. (NASDAQ:MELI) will release earnings results for its fourth quarter, after the closing bell on Tuesday, Feb. 24.Analysts expect the Montevideo, Uruguay-based company to report quarterly earnings at $11.44 per share, down from $12.61 per share in the year-ago period. The consensus estimate for MercadoLibre's quarterly revenue is $8.46 billion, versus $6.06 billion a year earlier, according to data from Benzinga Pro.On Oct. 29, MercadoLibre reported third-quarter revenue of $7.41 billion, up ...
MercadoLibre Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2026-02-24 15:21
MercadoLibre, Inc. (NASDAQ:MELI) will release earnings results for its fourth quarter, after the closing bell on Tuesday, Feb. 24.Analysts expect the Montevideo, Uruguay-based company to report quarterly earnings at $11.44 per share, down from $12.61 per share in the year-ago period. The consensus estimate for MercadoLibre's quarterly revenue is $8.46 billion, versus $6.06 billion a year earlier, according to data from Benzinga Pro.On Oct. 29, MercadoLibre reported third-quarter revenue of $7.41 billion, up ...