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Deep-pocketed investors have adopted a bearish approach towards Peloton Interactive PTON , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PTON usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Peloton Interactive. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 30% leaning bullish and 38% bearish. Among these notable options, 2 are puts, totaling $139,823, and 11 are calls, amounting to $560,137. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $9.0 to $22.0 for Peloton Interactive over the recent three months. Volume & Open Interest Trends In terms of liquidity and interest, the mean open interest for Peloton Interactive options trades today is 10726.4 with a total volume of 11,942.00. In the following chart, we are able to follow the development of volume and open interest of call and put options for Peloton Interactive's big money trades within a strike price range of $9.0 to $22.0 over the last 30 days. Peloton Interactive Call and Put Volume: 30-Day Overview Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume PTON CALL TRADE NEUTRAL 01/17/25 $1.14 $1.1 $1.12 $10.00 $112.0K 63.9K 2.0K PTON PUT SWEEP BULLISH 12/06/24 $0.33 $0.3 $0.3 $9.00 $92.7K 5.5K 5.0K PTON CALL SWEEP BEARISH 01/17/25 $1.15 $1.1 $1.1 $10.00 $65.5K 63.9K 1.2K PTON CALL SWEEP BEARISH 12/13/24 $1.04 $1.02 $1.02 $9.00 $56.8K 3.5K 566 PTON CALL SWEEP BEARISH 01/17/25 $1.14 $1.08 $1.1 $10.00 $55.5K 63.9K 1.2K About Peloton Interactive Peloton Interactive Inc operates an interactive fitness platform. It operates its business in two reportable segments: Connected Fitness Products and Subscription. Connected Fitness Product revenue consists of bike and tread and related accessories sales, associated fees for delivery and installation, and extended warranty agreements. Subscription revenue is generated from monthly Connected Fitness Subscription and Digital Subscription. The company generates maximum revenue from the Subscription segment. Geographically, the company derives a majority of its revenue from North America and the rest from the International markets. In light of the recent options history for Peloton Interactive, it's now appropriate to focus on the company itself. We aim to explore its current performance. Peloton Interactive's Current Market Status With a trading volume of 10,526,406, the price of PTON is up by 3.04%, reaching $9.83. Current RSI values indicate that the stock is may be overbought. Next earnings report is scheduled for 66 days from now. What Analysts Are Saying About Peloton Interactive In the last month, 5 experts released ratings on this stock with an average target price of $8.0. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access .* Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Market Perform rating on Peloton Interactive with a target price of $9. * An analyst from Macquarie has decided to maintain their Neutral rating on Peloton Interactive, which currently sits at a price target of $9. * An analyst from JP Morgan has decided to maintain their Neutral rating on Peloton Interactive, which currently sits at a price target of $7. * An analyst from Truist Securities persists with their Hold rating on Peloton Interactive, maintaining a target price of $10. * An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Peloton Interactive, which currently sits at a price target of $5. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Peloton Interactive with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ireland’s AI data centers are sucking up too much of the country’s energyDominic Purcell's tragic family news as Tish Cyrus' husband loses both his parents: 'What a f**king mess' By SAVANNA YOUNG FOR DAILY MAIL AUSTRALIA Published: 23:30, 25 November 2024 | Updated: 23:33, 25 November 2024 e-mail View comments Dominic Purcell has penned a heartbreaking tribute to his late father, Phil Myrtvedt, four years after the death of his mother Maureen. The 54-year-old Prison Break star's father tragically died in April, while his mother passed away in February 2020. On Monday, the actor took to social media and expressed his heartbreak over the loss of his dad seven months on. 'Dad. A wise gentle humble man. Just a big Shout out to ya mate miss ya heaps. You were flying then boom gone. Just so fucked up,' he wrote alongside a photo of the two together. '2024 what a f**kin mess. F**k off.' Just weeks earlier, Dominic grieved the loss of his mother, who'd previously undergone a double mastectomy after being diagnosed with breast cancer . Dominic Purcell has penned a heartbreaking tribute to his late father, Phil Myrtvedt, four years after the death of his mother Maureen. The 54-year-old Prison Break star's father tragically died in April, while his mother passed away in February 2020. Pictured with Tish Cyrus (left) 'It's about family. Once they're gone. You know. Love you mum,' he captioned his post. Dominic's father died aged 80 in April, two weeks after being admitted to Beaumont Hospital in Dublin with unspecified health issues. Posting a photo of himself and wife Tish Cyrus, 57, posing with his late father, Dominic penned a lengthy caption honouring his father's legacy as a 'deeply respected' patriarch . 'My dad passed tonight', he began, before praising the medical professionals who tended to Joseph during his stint in hospital. 'For what's it's worth. As a father I believe the greatest gift he can receive from his child is the knowing he is deeply loved. Deeply respected,' he continued. 'Surely a father's only wish for his child is to grow, flourish and better him. That was his wish. It came true. I know very clearly I can not better him but I can try and be like him.' Dominic also spoke fondly of Tish's close relationship with her father-in-law, writing: 'To my beautiful wife. It's very easy to love you. It's a simple thing.' 'The connection and deep love you had for my dad, and he for you, (the both of you) was magnificent. 'As he said, "What did I do to deserve these two beautiful angels?",' he wrote. Just weeks earlier, Dominic grieved the loss of his mother, who'd previously undergone a double mastectomy after being diagnosed with breast cancer Read More Dominic Purcell's niece shows off her ample cleavage in a barely-there outfit during Bali trip The Australian actor also thanked his wife (who is the mother of Miley Cyrus) for performing music to Joseph during his time in hospital, writing: 'The songs were perfect. They brought him peace in his final hours. It was a beautiful gesture. Thank you.' Continuing his gut-wrenching essay, Dominic then praised Joseph for showing 'courage, dignity and stoicism' in the face of 'great pain'. Dominic said he hopes Joseph's strength, dignity and humility will be honoured by his father's many grandchildren. 'VIVAMUS, MORIENDUM EST. (Let us live, since we must die). Go with mum, dad. Your loving son Dom,' he concluded. Tish was quick to express her heartbreak in the comments, revealing the origin of the happy family snap Dominic had used in his post. 'The day this picture was taken was one of the best days of my life. Dom and I got our marriage license and then walked down Sunset Blvd with Joe,' wrote Tish, who wed Dominic last year. 'He was so happy and full of life. It's a day I'll never forget. To know Joe was to love him. The kindest most gentle soul I will ever know. Being loved by him is something I'll never take for granted.' In 2020, The Flash star paid tribute to his 'extraordinary' mother, Maureen, after she passed away. Dominic also spoke fondly of Tish's close relationship with her father-in-law. Tish is the mother of US pop star Miley Cyrus He shared an image of himself and his mother enjoying a night out together on Instagram. 'She was a beautiful human, cool as f**k and a real beauty,' he said of Maureen. After sharing a special moment from her life where she wagged school to meet The Beatles and 'flirted' with John Lennon, he went on to reveal the sacrifices she'd made for her family. 'A single mum, five kids, no money. Worked two jobs, one cleaning toilets. A woman that sacrificed so much so we could eat and play without fear,' he wrote. He explained it was his mum who taught him what really mattered in life - 'unconditional love' and how to be a man. 'She taught me what it is to be a man - the true essence of masculinity. No muscles, no posturing. No violence. Just a simple instinctive need to provide, to protect and love my own babies as she did us,' he said. 'You did it, mum. A giant in life. A giant in greatness. You had the last laugh, hey mum, cheeky,' he concluded. Dominic Purcell Share or comment on this article: Dominic Purcell's tragic family news as Tish Cyrus' husband loses both his parents: 'What a f**king mess' e-mail Add commentThe AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . NORTH CHARLESTON, S.C. (AP) — Nick Anderson’s 14 points helped Furman defeat Charleston Southern 67-46 on Saturday. Anderson shot 6 for 9, including 2 for 4 from beyond the arc for the Paladins (6-0). Pjay Smith Jr. scored 13 points while going 6 of 12 (1 for 5 from 3-point range) and added five assists. Garrett Hien finished 5 of 9 from the field to finish with 10 points, while adding six rebounds. The Paladins picked up their sixth straight win. The Buccaneers (1-6) were led in scoring by Daylen Berry, who finished with 16 points. Charleston Southern also got nine points and four assists from RJ Johnson. Jaylon Gibson finished with eight points, eight rebounds and three blocks. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
JioStar has the scale to lead impactful change in M&E sector: Uday Shankar
Shares of Wolfspeed ( WOLF 18.31% ) were rocketing higher today, up 15.1% as of 2:26 p.m. ET. The big move higher follows a massive 31% move on Friday, continuing a vicious bounce off of the company's recent lows. Still, Wolfspeed's stock was down over 80% on the year entering the day, showing just how far this once-highly touted chip stock had fallen. Still, today saw more good news, with another insider disclosing an open-market purchase after several board members disclosed share purchases last Friday. Additionally, California Gov. Gavin Newsom provided relief for the electric vehicle (EV) sector and its suppliers, Wolfspeed included. Another insider buy and California's EV tax credit fill-in While a bunch of insider buys were disclosed last Friday, another was disclosed Monday. According to a filing, Wolfspeed director Glenda Dorchak purchased 3,592 shares on Friday, Nov. 22, at an average price of $8.33 per share. While that was a smaller buy than those from other insiders disclosed last Thursday , the additional purchase even as the stock rocketed higher Friday was another encouraging sign. Wolfspeed recently changed its CEO, with Gregg Lowe stepping down and board member Thomas Werner stepping into the executive chairman role to run the company in conjunction with top management, while the company seeks a CEO replacement. That doesn't seem like a very stable situation, so perhaps the insider buys were meant to quell market fears. Besides flailing execution and poor results amid an electric vehicle downturn, Wolfspeed stock has also been plagued more recently by the election of Donald Trump. Post-election, investors have feared the $7,500 electric vehicle tax credit extended as part of the Inflation Reduction Act will be repealed. But on Monday, California Gov. Gavin Newsom announced California would "intervene" if the Federal government repealed the EV tax credit. That likely means California, the largest U.S. state and EV market, would likely replace the tax credit on its own to some extent. The money for the credit would come from California's Greenhouse Gas Reduction Fund, which polluters fund by paying for credits under the state's cap-and-trade program, according to Newsom. That news boosted all EV-related stocks today, including Wolfspeed, which aims to supply silicon carbide chips to EV makers in the future. Wolfspeed has tremendous upside, but high risks Any stock down 80%-plus has lots of rebound potential, Wolfspeed included, should the company get its act together. The company has taken on lots of debt to spend billions on building new state-of-the-art silicon carbide manufacturing plants; however, amid the electric vehicle downturn and some execution issues, Wolfspeed hasn't seen any revenue or profit growth from all that spending yet. However, with the opportunity to bring in a new CEO and its stock down at distressed levels, it appears investors, including company insiders, think a big turnaround may be in the cards.
( MENAFN - GetNews) "C5ISR Market"The C5ISR market is projected to reach USD 19,280.8 million by 2029, from USD 10,720.1 million in 2024, at a CAGR of 12.5%. The report " C5ISR Market by Solution (Hardware, Software, and Services), End User (Army, Navy, Airforce, and government & Law Enforcement), Installation (New Installations, and Upgrades) and Region - Global Forecast to 2029 " The C5ISR market is projected to reach USD 19,280.8 million by 2029, from USD 10,720.1 million in 2024, at a CAGR of 12.5%. The growth of the C5ISR market is driven by several factors, including evolving cybersecurity threats. Download PDF Brochure @ Browse 233 market data Tables and 77 Figures spread through 340 Pages and in-depth TOC on "C5ISR Market" View detailed Table of Content here - In the defense sector, C5ISR technologies are transforming operational effectiveness by enhancing situational awareness, decision-making, and mission execution. Modern militaries are increasingly relying on integrated C5ISR systems for seamless communication, robust cybersecurity, and real-time intelligence across various domains. The growing complexity of global security challenges is driving defense organizations to invest in resilient, adaptable, and technologically advanced C5ISR systems. As nations strive to maintain a tactical edge in modern warfare, the demand for innovative C5ISR capabilities continues to grow, underpinned by significant government funding and a focus on next-generation defense strategies. Based on end user, the army segment is dominating the C5ISR market from 2024 to 2029 As the army has a wide operational scope and reliance on integrated systems for land-based missions, this segment is leading the C5ISR market based on end users. For mission-critical tasks like battlefield awareness, real-time command and control, secure communications, and intelligence collection, armies need sophisticated C5ISR capabilities. In complex and dynamic situations, these talents are essential for maintaining operational effectiveness. The army segment's supremacy is also fueled by rising investments in updating ground troops with technology like cyber defense, unmanned ground vehicles, and electronic warfare systems. The need for complete C5ISR solutions is still at the forefront of the market since land forces continue to play a key role in military operations across the globe. Based on installation, the new installation segment is estimated to dominate the market from 2024 to 2029 As defense forces throughout the world are adopting more sophisticated and upgraded systems, the new installation segment is anticipated to dominate the C5ISR market based on installation. Armed forces are making significant investments in cutting-edge C5ISR technology as they concentrate more on improving their ability to counter new threats like cyberattacks and multi-domain warfare. Advanced technologies that cannot always be effortlessly retrofitted into older systems, such as artificial intelligence (AI), big data analytics, and autonomous systems, require new installations. Additionally, this sector has grown to be the largest in the market due to modernization initiatives in emerging economies and the requirement for new infrastructure to support cutting-edge technology. North America is expected to capture the largest share during the forecast period in 2024. Because of the North American region's strong defense spending, especially from the US, which makes up the greatest portion of global military spending, North America has the largest market share in the C5ISR industry. To keep up its technological advantage in multi-domain operations, such as land, air, sea, space, and cyber warfare globally, the US Department of Defense (DoD) is making significant investments in cutting-edge C5ISR technologies. Major C5ISR companies that foster innovation and provide state-of-the-art solutions, such Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), General Dynamics Corporation (US), and RTX Corporation (US), are also based in the region. The emphasis on updating military hardware, the expanding use of artificial intelligence and cyber defenses, and the growing demand for integrated solutions to further combat new threats The major players in the region include General Dynamics Corporation (US), Leidos (US), Lockheed Martin Corporation (US), CACI International Inc. (US), Airbus (France), Northrop Grumman (US), Lockheed Martin Corporation (US), and L3harris Technologies Inc. MENAFN19122024003238003268ID1109014551 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.The government on Thursday proposed a new law which seeks to ban unregulated lending and slap a fine of ₹1 crore on offenders along with imprisonment of 10 years. The move follows action against several digital loan apps for unregulated lending over the past two years and complaints about their unfair lending and predatory recovery practices. A draft bill - Banning of Unregulated Lending Activities (Draft) Bill - was put out by the finance ministry for comments, which can be submitted till February 2025. The bill proposes to ban any lending activity, barring one authorised by the RBI and law. The draft law proposes to bar unregulated entities from making any deceptive or false claims persuading people to apply for loans. Offenders would face a prison term of up to five years. Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Legal Complete Guide to AI Governance and Compliance By - Prince Patni, Software Developer (BI, Data Science) View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development 12-Factor App Methodology: Principles and Guidelines By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Design Microsoft Designer Guide: The Ultimate AI Design Tool By - Prince Patni, Software Developer (BI, Data Science) View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program The government has also proposed an online database that would list regulated lenders and facilitate reporting of illegal lenders. It seeks to include unregulated digital lending or any other lending activity, currently not regulated by any law for the time being, other than lending to relatives. As per the bill public lending activity would mean business of financing by any person, whether by the way of making loans or advances or otherwise of any activity other than its own at an interest, in cash or kind, but does not include loans and advances given to relatives. "The draft bill appears a bit prescriptive in defining regulated lending activities. Adopting a principle-based approach may bode well for the Indian fintech sector , whose innovation momentum should not be stifled," said Soumitra Majumdar, partner, JSA Advocates & Solicitors. The bill follows a recommendation in this regard by an RBI working group on digital lending. In August, the RBI said that in order to tackle issues arising from unauthorised digital lending applications it proposed to create a public repository of digital lending apps (DLAs) deployed by regulated entities. "The RBI proposes to create a public repository of DLAs deployed by its regulated entities. The regulated entities will report and update information about their DLAs in this repository. This measure will help the consumers to identify the unauthorised lending apps," said the then RBI governor Shaktikanta Das. Earlier this year, the government had stated in the Rajya Sabha that as per the information received from the electronics and information technology ministry, during the April 2021-July 2022 period, Google had reviewed 3,500-4,000 loan apps and suspended or removed more than 2,500 loan apps from its Play Store. Similarly, during the September 2022-August 2023 period, more than 2,200 loan apps were removed from the Play Store. Experts said that BULA, with the proposed central repository of all regulated lenders, intends to establish a foundation for ethical lending. "One of the main issues in the digital lending domain is that the consumers are not aware of the real lenders as there is no physical interaction in the lending transaction. Unregulated entities used this to camouflage as authorised lenders, affecting the entire ecosystem," said Mayank Arora, director-regulatory, Nangia Andersen India. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
James, Quigley and Hayes combine for 59 points as No. 20 NC State women beat Coastal Carolina 89-68TALLAHASSEE, Fla. (AP) — Luke Kromenhoek threw for 209 yards and tossed three touchdown passes as Florida State halted a six-game losing streak and routed Charleston Southern 41-7 on Saturday. Kromenhoek completed 13 of 20 passes in his first college start, including a 71-yard touchdown pass to Ja’Khi Douglas, as the Seminoles (2-9) won for the first time since Sept. 21. The true freshman also connected with Amaree Williams for a 4-yard TD and Hykeem Williams for a 10-yard TD. Florida State had the nation’s lowest scoring offense at 13.3 points. The Seminoles hadn’t scored more than 21 points or surpassed the 300-yard mark in 2024. But Florida State overwhelmed FCS Charleston Southern (1-11), accumulating 415 offensive yards. Kaleb Jackson completed 22 of 32 passes for 218 yards, including a 7-yard touchdown pass to Landon Sauers, and an interception for the Buccaneers. The takeaway Charleston Southern: While the Buccaneers found some success through the air, they couldn’t sustain drives and managed just 57 rushing yards on 29 carries. Florida State: The Seminoles picked up a season-best 176 rushing yards, scoring 17 points in the second quarter and 14 points in the third quarter to take control. Up next Charleston Southern’s season is over. Florida State plays host to Florida on Nov. 30. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25Philippines' Marcos vows to fight back after estranged VP's assassination threat