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Top 3 Defensive Stocks That May Rocket Higher In February - Coty (NYSE:COTY), Honest Co (NASDAQ:HNST)
Benzinga· 2026-02-13 11:01
Core Insights - The consumer staples sector has identified oversold stocks, presenting potential investment opportunities in undervalued companies [1] - The Relative Strength Index (RSI) is a key momentum indicator used to assess stock performance, with an RSI below 30 indicating that a stock is considered oversold [1] Oversold Stocks List - Notable companies with an RSI near or below 30 include NU Skin Enterprises Inc (NYSE:NUS), Coty Inc (NYSE:COTY), and Honest Company Inc (NASDAQ:HNST) [2][3]
Top 3 Defensive Stocks That May Rocket Higher In February
Benzinga· 2026-02-13 11:01
Core Viewpoint - The consumer staples sector has several oversold stocks that present potential buying opportunities for undervalued companies [1]. Group 1: Oversold Stocks - The Relative Strength Index (RSI) is a momentum indicator that helps assess a stock's performance by comparing its strength on up days versus down days [1]. - A stock is typically considered oversold when its RSI is below 30, indicating potential for short-term price recovery [1]. - The latest list of major oversold stocks in the consumer staples sector includes NU Skin Enterprises Inc (NYSE:NUS), Coty Inc (NYSE:COTY), and Honest Company Inc (NASDAQ:HNST) [2][3].
Eli Lilly Builds $1.5 Billion Inventory Of Experimental Weight-Loss Pill As FDA Decision Looms - Eli Lilly and Co (NYSE:LLY), Novo Nordisk (NYSE:NVO)
Benzinga· 2026-02-13 10:36
Core Insights - Eli Lilly and Company has built up an inventory of $1.5 billion for its experimental oral weight-loss drug, orforglipron, in anticipation of an FDA decision expected in April, marking a significant increase from nearly $550 million last year [1] - The FDA has granted a fast-track review voucher for the weight-loss pill, potentially reducing the approval timeline to one or two months, compared to the usual 10 to 12 months for most new drugs [2] - Eli Lilly aims to have sufficient supply to launch the weight-loss pill across multiple countries simultaneously, pending U.S. approval [2] Financial Performance - Eli Lilly's stock has increased by 19.09% over the past year, with a recent rise of 2.27% to close at $1,038.27 [3] - Benzinga's Edge Rankings place Eli Lilly in the 90th percentile for quality and the 84th percentile for momentum, indicating strong performance relative to peers [3]
Tom Lee Calls MrBeast's Finance Bet The Next 'Robin Hood, SoFi, Chime Combined' For GenZ—'He's The Guy' - BlackRock (NYSE:BLK), BitMine Immersion (AMEX:BMNR)
Benzinga· 2026-02-13 10:33
Core Insights - The entry of YouTube star MrBeast into the financial sector could significantly influence the financial preferences of younger generations, particularly Gen Z and Gen Alpha [1][2] - MrBeast's banking venture is anticipated to become a primary financial platform for these demographics, potentially serving as an entry point to cryptocurrency [2] - The combined population of Gen Z and Gen Alpha in the U.S. is approximately 120 million, while MrBeast has a global following exceeding one billion [3] Investment Perspective - The investment in MrBeast's financial platform is driven by the belief that he will become a highly influential entertainment brand, integrating cryptocurrency into financial services [4] - MrBeast's investment in Step is seen as beneficial for BitMine, aligning the company with a target audience of Gen Z and Gen Alpha consumers [4] - There is an expectation of a significant wealth transfer to younger generations in the coming decades, with trillions expected to be inherited [3]
Stock Market Today: Dow Jones Futures Fall, Nasdaq Gains Ahead Of January CPI Print—Tri Pointe Homes, Roku, Expedia Group In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-13 10:20
Market Overview - U.S. stock futures showed volatility, with major indices mixed following a lower close on Thursday [1] - Investors are anticipating January's inflation data, with estimates suggesting core CPI may drop to 2.52%, aligning with pre-COVID averages [1] Treasury Yields - The 10-year Treasury bond yield is at 4.12%, while the two-year bond yield stands at 3.47% [2] - Market expectations indicate a 92.1% likelihood that the Federal Reserve will maintain current interest rates in March [2] Index Performance - Dow Jones decreased by 0.13%, S&P 500 increased by 0.02%, Nasdaq 100 rose by 0.13%, and Russell 2000 fell by 0.08% [3] Stocks in Focus - **Roku (ROKU)**: Long-term price trend remains strong, but short and medium-term trends are weak [3] - **Arista Networks (ANET)**: Strong price trend across short, medium, and long terms, with solid growth ranking [4] - **Tri Pointe Homes (TPH)**: Surged 25.79% after announcing a strategic combination with Sumitomo Forestry, maintaining a strong price trend [7] - **Expedia Group (EXPE)**: Dropped 4.97% after fourth-quarter earnings report, despite beating estimates; maintains a strong long-term trend but weak short and medium-term trends [8] - **HIVE Digital Technologies**: Weaker price trend across all time frames [5] Economic Insights - Scott Wren from Wells Fargo maintains a positive outlook for the U.S. economy, raising growth estimates to 2.9% [9] - Wren views market corrections as buying opportunities, emphasizing broadening performance beyond technology [10][11] Upcoming Economic Data - January's consumer price index data is set to be released at 8:30 a.m. ET [12] Commodities and Global Markets - Crude oil futures increased by 0.35% to approximately $63.06 per barrel [13] - Gold Spot price rose by 0.91% to around $4,966.59 per ounce [13] - Bitcoin traded 0.81% lower at $66,785.65 per coin [13] Corporate Earnings and Monetary Policy - Anticipation of a fourth consecutive year of record earnings for the S&P 500 [15] - Expectations for further Federal Reserve easing and rate cuts as the year progresses [15] - Preference for U.S. assets over international ones, particularly in sectors like Energy, Materials, and Industrials [15]
Stock Market Today: Dow Jones Futures Fall, Nasdaq Gains Ahead Of January CPI Print—Tri Pointe Homes, Roku, Expedia Group In Focus
Benzinga· 2026-02-13 10:20
Market Overview - U.S. stock futures showed volatility, with major indices mixed following a lower close on Thursday [1] - Investors are anticipating January's inflation data, with estimates suggesting core CPI may drop to 2.52%, aligning with pre-COVID averages [1] Treasury Yields - The 10-year Treasury bond yield is at 4.12%, while the two-year bond yield stands at 3.47% [2] - Market expectations indicate a 92.1% likelihood that the Federal Reserve will maintain current interest rates in March [2] Index Performance - Dow Jones decreased by 0.13%, S&P 500 increased by 0.02%, Nasdaq 100 rose by 0.13%, and Russell 2000 fell by 0.08% [3] Stocks in Focus - **Roku (ROKU)**: Long-term price trend remains strong, but short and medium-term trends are weak [3] - **Arista Networks (ANET)**: Strong price trend across short, medium, and long terms, with solid growth ranking [4] - **Tri Pointe Homes (TPH)**: Surged 25.79% after announcing an all-cash strategic combination with Sumitomo Forestry, maintaining a strong price trend [7] - **Expedia Group (EXPE)**: Dropped 4.97% after fourth-quarter earnings report, despite beating estimates; maintains a stronger long-term trend but weak short and medium-term trends [8] - **HIVE Digital Technologies**: Weaker price trend across all time frames [5] Economic Insights - Scott Wren from Wells Fargo maintains a positive outlook for the U.S. economy, raising the growth estimate to 2.9% [9] - Wren views market corrections as buying opportunities, emphasizing broadening performance beyond technology sectors [10][11] Upcoming Economic Data - Investors are focused on the release of January's consumer price index data scheduled for 8:30 a.m. ET [12] Commodities and Global Markets - Crude oil futures increased by 0.35% to approximately $63.06 per barrel [13] - Gold Spot price rose by 0.91% to around $4,966.59 per ounce [13] - Bitcoin traded 0.81% lower at $66,785.65 per coin [13] Corporate Earnings and Monetary Policy - Anticipation of a fourth consecutive year of record earnings for the S&P 500 [15] - Expectations for further Federal Reserve easing and rate cuts as the year progresses [15] - Preference for U.S. assets over international ones, particularly in sectors like Energy, Materials, and Industrials [15]
Microsoft AI Chief Mustafa Suleyman Says Most Professional Taks Will Be Fully Automated By AI Within 12-18 Months - Microsoft (NASDAQ:MSFT)
Benzinga· 2026-02-13 10:17
Mustafa Suleyman, CEO of Microsoft AI, made a bold prediction about the future of professional tasks, suggesting that “most, if not all, professional tasks” for lawyers, accountants, project managers, and marketing professionals “will be fully automated by AI within the next 12 to 18 months.”Software Engineers Already Experiencing Role TransformationIn a recent interview with the Financial Times, Suleyman pointed to software engineering as evidence that the shift is already underway.“Many software engineers ...
Trump Tariffs Backfired: 94% Of Economic Burden Fell On US Importers, NY Fed Says - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-13 09:15
American businesses and consumers, rather than foreign exporters, shouldered nearly the entire financial weight of the 2025 tariffs, according to a report released Thursday by the Federal Reserve Bank of New York.Domestic BurdenOver the course of 2025, the average U.S. tariff rate surged from 2.6% to 13%, yet foreign prices failed to drop significantly to compensate for the hike.Economists Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein found that for the majority of the year, the “econo ...
Emmanuel Macron Says 'Amazon, Your Package Has Been Delivered' After Ariane 6 Blasts Off With 32 Satellites To Rival Starlink - Amazon.com (NASDAQ:AMZN)
Benzinga· 2026-02-13 08:45
Core Insights - The successful launch of Europe's Ariane 6 rocket, which deployed 32 Amazon Leo satellites, marks a significant step in Amazon's competition with SpaceX's Starlink [1][2][3] Group 1: Launch Details - The Ariane 6 rocket, launched by the European Space Agency from French Guiana, successfully carried 32 satellites for Amazon's low-Earth orbit internet constellation [2] - This mission was the debut of the Ariane 64 configuration, which can carry over 20 tons into low-Earth orbit, approximately double the capacity of the smaller Ariane 62 [3] - The launch is part of a series of 18 missions booked on Ariane 6 to support Amazon's planned network of over 3,200 satellites [3] Group 2: Amazon's Satellite Initiative - Amazon's low-Earth orbit (LEO) satellite project, previously known as Project Kuiper, aims to provide high-speed, low-latency broadband and has a budget of at least $10 billion [5] - The company has requested an extension from the FCC to July 2028 for the deployment of roughly half of its planned satellite constellation by 2026 [5] Group 3: Market Reaction - Following the launch, Amazon's stock experienced a decline of 2.25% on Thursday and an additional 0.63% in after-hours trading, indicating weak trends across various timeframes [6]
Trump Ends 'EV Era' With Massive EPA Rollback: Ford, GM Can Benefit As Compliance Costs Reduce - General Motors (NYSE:GM)
Benzinga· 2026-02-13 08:37
Core Insights - The Trump administration has officially terminated the 2009 "endangerment finding," dismantling the legal foundation for federal climate regulations, which eliminates greenhouse gas emission standards for vehicles and ends the push for mandatory electric vehicle transitions [1][2] Impact on Electric Vehicle Industry - The repeal removes the EPA's authority to enforce tailpipe standards that favored electric vehicles, which President Trump criticized as a damaging policy for the auto industry [2] - Tesla, which has relied on selling regulatory credits to legacy automakers, may face significant revenue loss as competitors no longer need to purchase these credits to comply with emissions targets [3] Benefits for Traditional Automakers - Traditional manufacturers like Ford and General Motors could save over $2,400 per vehicle, allowing them to redirect capital from electric vehicle mandates back to their profitable gas-powered SUV and truck lineups [4] - The policy shift is expected to provide a competitive advantage to these manufacturers in the market [4] Broader Industry Implications - The rollback is seen as a significant change for the freight sector, with the endangerment finding previously imposing consumer choice restrictions and hidden costs amounting to trillions of dollars [5] - The administration has also ended federal credits for certain technologies, such as automatic start-stop ignition features, which were previously incentivized under the Obama administration [6]