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Top 2 Consumer Stocks That May Collapse This Quarter
Benzinga· 2025-09-12 11:54
As of Sept. 12, 2025, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, ac ...
Top 2 Consumer Stocks That May Collapse This Quarter - GoPro (NASDAQ:GPRO), Equinox Gold (AMEX:EQX)
Benzinga· 2025-09-12 11:54
As of Sept. 12, 2025, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, ac ...
Tesla, Delta Air, Teck Resources And A Financial Stock On CNBC's 'Final Trades' - Rocket Companies (NYSE:RKT), Delta Air Lines (NYSE:DAL)
Benzinga· 2025-09-12 11:52
On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Rocket Companies, Inc. RKT looks great and he is staying long on this stock. The stock has officially broken out, he added.According to recent news, Rocket and the Bank of Montreal have extended and expanded the existing Master Repurchase Agreement, effective Thursday.Jim Lebenthal, partner at Cerity Partners, named Delta Air Lines, Inc. DAL as his final trade.Delta reaffirmed its earnings outlook ...
FTC Launches Probe Into OpenAI, Google, Meta, Snapchat - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Benzinga· 2025-09-12 11:03
The Federal Trade Commission (FTC) has initiated an investigation into the potential adverse effects of artificial intelligence (AI) chatbots on children and teenagers. The probe encompasses seven major companies, including OpenAI, Alphabet GOOG GOOGL, Meta META, and Snapchat SNAP.Regulators Seek Details On AI Chatbots' Child SafetyThe FTC on Thursday issued orders to the aforementioned companies to provide insights into how their AI chatbots could negatively impact young users, reported CNBC.The FTC warns ...
Carney Cuts The Red Tape, Unveils Over $43 Billion In Flagship Projects - Foran Mining (OTC:FMCXF), Newmont (NYSE:NEM)
Benzinga· 2025-09-12 10:16
Canadian Prime Minister Mark Carney on Thursday unveiled the first five projects to be reviewed by the country’s newly created Major Projects Office (MPO). This new government unit will cut the red tape, streamline regulatory approvals, and work on attracting large-scale resource and infrastructure investments.“At this moment of transformative change, Canada’s new government is focused on delivering major projects to connect our communities, empower Canadian workers, and build Canada’s strength,” Carney sai ...
Hello Group Turns To AI To Boost Slumping Revenue
Benzinga· 2025-09-12 10:11
Core Viewpoint - Hello Group Inc. (formerly Momo) is attempting to reverse a five-year revenue decline by introducing AI-backed features in its dating app, but recent financial results indicate continued revenue challenges [2][5][17] Financial Performance - The company's revenue fell 2.6% year-on-year in the second quarter to 2.62 billion yuan ($368 million), down from 2.69 billion yuan a year earlier [5][7] - In the first quarter, revenue had only declined by 1.5%, suggesting a potential for recovery that has not materialized [5] - For the third quarter, Hello Group forecasts revenue between 2.59 billion yuan and 2.69 billion yuan, indicating a possible decline of 3.2% at the low end and a slight increase of 0.6% at the high end [6] - The company reported its first net loss in over three years, amounting to 139 million yuan, primarily due to one-time tax expenses [8][15] User Engagement and Features - The newly introduced AI greeting feature aims to assist male users in crafting personalized messages for potential dates, which is expected to enhance user engagement [3][4] - The AI chat assistant feature is designed to improve ongoing conversations, potentially increasing retention rates among users [4] - Despite these innovations, the company has not yet seen a halt in revenue decline, contrasting with other consumer-facing companies in China that have stabilized [4][17] User Metrics - Paid users for the Momo app decreased by approximately 15% sequentially to 3.5 million in the second quarter, while Tantan's paid users fell by about 10% to 740,000 [13] - The value-added services for the Momo app experienced an 11% year-on-year decline, dropping to 1.85 billion yuan, which constitutes about 70% of total revenue [12] International Business - Hello Group's international business saw a significant revenue increase of 73% year-on-year in the second quarter, contributing 17% to total revenue, up from 9.5% a year earlier [14] - However, growth in the international segment is expected to slow to the mid-60% range in the third quarter as the company adopts a more conservative expansion strategy [14] Market Sentiment - Following the release of the latest financial report, Hello Group's stock fell by 7.3%, erasing most of its gains for the year, although it remains up 17% over the past 52 weeks [9] - Analysts are mixed on the company's outlook, with six out of eight still rating it a "buy," while the stock trades at a low price-to-earnings (P/E) ratio of 11 compared to global peers [16]
Synopsys Stock Rises 4.9% After Key Trading Signal
Benzinga· 2025-09-12 09:50
SNPS climbs over 20 points after alert confirms reversalSynopsys Inc. SNPS today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:37 AM on September 11th, a significant trading signal occurred for Synopsys Inc. (SNPS) as it demonstrated a Power Inflow at a price of $419.26. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves ...
Stock Market Today: Dow, S&P 500 Futures Slip—Adobe, Warner Bros, Super Micro In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-09-12 09:42
U.S. stock futures declined on Friday following Thursday’s rally. Futures of major benchmark indices were lower.The Donald Trump administration on Thursday urged the D.C. Federal Appeals Court to allow the firing of Federal Reserve Governor Lisa Cook to take effect before the central bank's interest rate-setting meeting next week.Meanwhile, Dow closed above the 46,000 mark for the first time on Thursday, despite gloomy economic data. U.S. inflation accelerated to 2.9% year-over-year in August, while weekly ...
Ray Dalio Warns AI Will Create Unprecedented Inequality: 'Limited Number Of Winners' - Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-09-12 09:37
Ray Dalio, founder of Bridgewater Associates, warned on Thursday that artificial intelligence will lead to unprecedented inequality, benefiting only the wealthiest 1% to 10% of Americans, while displacing millions of workers across various industries.Speaking on “The Diary of the CEO” podcast, the billionaire hedge fund manager acknowledged AI as a “truly fantastic” tool but cautioned that it would cause a significant economic divide, according to a Business Insider report..AI Job Displacement Threatens Pro ...
Why Adobe Shares Are Trading Higher By Over 4%; Here Are 20 Stocks Moving Premarket - Addex Therapeutics (NASDAQ:ADXN), Adobe (NASDAQ:ADBE)
Benzinga· 2025-09-12 09:19
Shares of Adobe Inc. ADBE rose sharply in pre-market trading after the company posted better-than-expected third-quarter results and raised its fiscal 2025 outlook after Thursday's closing bell.Adobe reported quarterly earnings of $5.31 per share, which beat the analyst estimate of $5.18. Quarterly revenue came in at $5.99 billion, which beat the Street estimate of $5.91 billion, according to data from Benzinga Pro.Adobe shares jumped 4.4% to $365.80 in the pre-market trading session.Here are some other sto ...