CCSC Technologyの空売り状況は、投資家がCCSC Technologyの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

CCSC Technology (NASDAQ:CCTG) 株価情報, 空売り情報

CCSC Technology

CCSC Technology International Holdings Ltd along with its subsidiaries is involved in the sale, design, and manufacturing of interconnect products, including connectors, cables, and wire harnesses. Its products include customized interconnect products, including connectors, cables, and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. Geographically, the company generates maximum revenue from the sale of its products in Europe and the rest from the Americas and Asia.

CCSC Technology International Holdings Limited - Class A Ordinary Shares

CCSC Technology International Holdings Ltd

Intuitive Surgical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) has announced a major leadership transition, appointing Dave Rosa as the company&#8217;s next <a href="https://www.benzinga.com/pressreleases/25/05/g45436448/intuitive-announces-ceo-transition-effective-july-1-2025">chief executive officer, effective July 1, 2025</a>.
Rosa, who currently serves as president, will succeed long-serving CEO Gary Guthart, who will become the executive chair of the board.
The move is part of a broader succession strategy as the robotic-assisted surgery pioneer celebrates its 30th anniversary.
As part of the transition, Craig Barratt, the current board chair, will take on the role of lead independent director.
Also Read: <a href="https://www.benzinga.com/general/biotech/25/05/45438765/why-pfizer-is-poised-for-a-strong-comeback-my-top-pick-for-2025" target="_blank" rel="noreferrer noopener">Why Pfizer Is Poised For A Strong Comeback: My Top Pick For 2025</a>
Guthart, who has led the company for 15 years, will stay on in a senior advisory capacity to support a seamless transition.
Rosa, who joined Intuitive nearly 30 years ago as its ninth employee, has served in multiple roles across engineering, product development, marketing, and commercial operations.
The company recently revealed that the FDA has recently cleared Intuitive&#8217;s da Vinci SP system for transanal local excision/resection, a minimally invasive surgery <a href="https://www.benzinga.com/pressreleases/25/05/g45135080/intuitive-announces-fda-clearance-of-da-vinci-single-port-for-transanal-local-excisionresection" target="_blank" rel="noreferrer noopener">done without abdominal cuts</a>.
This expands the system&#8217;s use in colorectal procedures through natural orifices. It builds on earlier FDA approvals from November 2024 for several transabdominal colorectal surgeries.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, ISRG stock has gained over 39% in the past year.
Investors can gain exposure to the stock via&nbsp;Spinnaker ETF Series Langar Global HealthTech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LGHT#NYSE">LGHT</a>) and&nbsp;iShares U.S. Medical Devices ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHI#NYSE">IHI</a>).
Price Action: ISRG shares are trading lower by 1.69% to $556.38 at the last check on Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45439079/powell-signals-fed-may-shift-its-inflation-strategy-after-5-year-economic-shake-up" target="_blank" rel="noreferrer noopener">Powell Signals Fed May Shift Inflation Strategy After 5 Years Of Economic Upheaval</a></li>
</ul>
Image via Shutterstock

Equities

News

Health Care

Management

Markets

Movers

General

iShares Dow Jones US Medical Devices Index Fund

ISRG

LGHT

What's Going On With Intuitive Surgical Stock On Thursday?

WIIM

EXEL

Exelixis shares are trading higher after the company recently reported better-than-expected Q1 financial results and raised its FY25 sales guidance with its midpoint above estimates. The company, acting as a collaboration partner of Invenra, initiated the dose-escalation stage of the first-in-human Phase 1 clinical study of XB628. On Thursday, Citigroup raised its price target from $45 to $56.

AquaBounty Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQB#NASDAQ">AQB</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $(0.61) by 126.23 percent. This is a 122.86 percent increase over losses of $(0.70) per share from the same period last year.

Earnings

Earnings Beats

CORRECTION: AquaBounty Techs Q1 EPS $0.16 Beats $(0.61) Estimate

In A Letter To Shareholders, DDC Enterprise CEO Norma Chu Announces DDC's Bitcoin Accumulation Strategy; Commits Immediate Execution Of A 100 BTC Acquisition, With A Target To Accumulate 500 BTC Within Six Months And 5,000 BTC Within 36 Months

<ul>
<li>Zynyz&#xAE; (retifanlimab-dlwr), a PD-1 inhibitor, is now approved for the treatment of advanced squamous cell carcinoma of the anal canal (SCAC) in combination with chemotherapy and as a monotherapy</li>
<li>Patients with SCAC treated with Zynyz achieved a statistically significant improvement in progression-free survival and improvement in overall survival</li>
</ul>
Incyte (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) today announced that the U.S. Food and Drug Administration (FDA) has approved Zynyz&#xAE; (retifanlimab-dlwr), a humanized monoclonal antibody targeting programmed death receptor-1 (PD-1), in combination with carboplatin and paclitaxel (platinum-based chemotherapy) for the first-line treatment of adult patients with inoperable locally recurrent or metastatic squamous cell carcinoma of the anal canal (SCAC). In addition, the FDA granted approval for Zynyz as a single agent for the treatment of adult patients with locally recurrent or with metastatic SCAC with disease progression on or intolerance to platinum-based chemotherapy.

INCY

Incyte Announces FDA Approval Of Zynyz Making It First And Only Approved First-Line Treatment For Advanced Anal Cancer Patients In US

STERIS shares are trading higher after the company reported better-than-expected Q4 financial results and issued guidance above estimates.

Shares of Cisco Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) were climbing in early trading on Thursday, after the company Wednesday reported its <a href="https://www.benzinga.com/news/earnings/25/05/45422303/cisco-shares-climb-after-q3-eps-revenue-beat-estimates-details">fiscal third-quarter results</a>.
The announcement came amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
Rosenblatt Securities On Cisco Systems
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/628b6bab3547bd000104dc00/mike-genovese">Analyst Mike Genovese</a> reaffirmed a Buy rating, while raising the price target from $63 to $74.
Cisco Systems reported revenues and earnings of $14.15 billion and 96 cents per share, ahead of estimates, with the outperformance being driven by networking, Genovese said in the note. Gross margins were also better than expected, with a lower-than-expected tariff impact, higher productivity and Splunk margin expansion, he added.
The midpoint of the fourth-quarter revenue guidance came in at $14.60 billion, around $200 million higher than expected, the analyst stated. Cisco Systems is outperforming peer Arista Networks Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) in the AI cycle, as "it has become more responsive to Hyper Scale customer needs," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Goldman Sachs On Cisco Systems
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5a1c4e20efacff00015a984c/michael-ng">Analyst Michael Ng</a> maintained a Neutral rating and price target of $63.
Networking and Collaboration revenue came in higher than expected, more than offsetting the miss in Security, Ng said. Cisco Systems recorded webscale AI orders of more than $600 million, accelerating from $350 million in the previous quarter, he added.
Enterprise orders grew by 22%, driven by Splunk, the analyst stated. "Tariff headwinds were more moderate than expected given the pause in reciprocal tariffs and semiconductor &amp; select product exemptions," he further wrote.
CSCO Price Action: Shares of Cisco Systems had risen by 5.74% to $64.81 at the time of publication on Thursday.
Read More: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45262278/under-armour-faces-tough-road-ahead-says-analyst">&nbsp;Cisco Is Targeting A Multi-Billion-Dollar Security Shake-Up—And It Starts With Killing The Firewall</a>
Photo: Shutterstock

Analyst Color

Price Target

Reiteration

Analyst Ratings

ANET

CSCO

Cisco Systems Posts Q3 Beat; Is Outperforming Arista Networks In The AI Cycle, Analysts Say

Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)&nbsp;<a href="https://www.benzinga.com/pressreleases/25/05/g45436027/broadcom-announces-third-generation-co-packaged-optics-cpo-technology-with-200glane-capability" target="_blank" rel="noreferrer noopener">announced significant advancements</a> in its co-packaged optics (CPO) technology on Thursday, with the launch of its third-generation 200G per lane (200G/lane) CPO product line.
Broadcom highlighted key improvements in OSAT processes, thermal designs, handling procedures, fiber routing, and overall yield.
Broadcom&#8217;s leadership in CPO began in 2021 with its first-generation Tomahawk 4-Humboldt chipset, enabling an early learning cycle across the entire CPO supply chain.
Also Read: <a href="https://www.benzinga.com/25/05/45417156/nvidia-amd-stocks-climb-as-trump-plans-to-ease-ai-chip-export-rules" target="_blank" rel="noreferrer noopener">Nvidia, AMD And Other Chip Stocks Gain As Trump Plans To Ease AI Chip Export Rules</a>
This chipset introduced key innovations, including high-density integrated optical engines, edge coupling, and detachable fiber connectors.
Building on that success, the second-generation Tomahawk 5-Bailly (TH5-Bailly) chipset became the industry&#8217;s first volume-production CPO solution.
As part of the TH5-Bailly production, Broadcom focused on automated testing and scalable manufacturing processes, setting the stage for high-volume production of future generations.
Broadcom&#8217;s partners included Corning Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>), Delta Electronics, and Foxconn Interconnect Technology.
On Tuesday, Corning <a target="_blank" href="https://www.benzinga.com/tech/25/05/45379380/can-corning-broadcom-deal-transform-ais-data-center-future" rel="noreferrer noopener">announced a partnership</a> with Broadcom to power AI data centers with advanced optics for faster, more efficient processing.
Corning will supply advanced optical components for Broadcom&#8217;s Bailly CPO system, making it ideal for large-scale artificial intelligence (AI) clusters.
<h2 class="wp-block-heading">Broadcom Stock Prediction For 2025</h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Broadcom have an average 1-year price target of $250.92, representing an expected upside of 7.41%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Broadcom, while 13 analysts have bullish ratings. The street high price target from Cantor Fitzgerald is $300.0, while the street low from Citigroup is $210.0.
Price Action: AVGO stock is trading higher 0.19% to $232.55 at the last check on Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/buybacks/25/05/45410939/amd-stock-pops-on-6-billion-buyback-plan-us-tariff-ease" target="_blank" rel="noreferrer noopener">AMD Stock Pops On $6 Billion Buyback Plan, US Tariff Ease</a></li>
</ul>
Image by Ken Wolter via Shutterstock

Tech

AVGO

Broadcom Unveils Next-Gen Optical Chip Tech To Power AI Data Centers

The FTX Recovery Trust will distribute more than $5 billion to creditors starting May 30, as part of its second payout under the <a href="https://www.benzinga.com/markets/cryptocurrency/22/11/29681030/ftx-files-for-chapter-11-bankruptcy">Chapter 11 bankruptcy plan</a>.
This marks a significant step in addressing claims from the collapse of FTX, the cryptocurrency exchange that <a href="https://www.benzinga.com/markets/cryptocurrency/22/12/30093147/you-think-ftx-was-bad-investors-suffered-far-greater-losses-from-terra-report">imploded in November 2022.</a>
The FTX collapse, one of the largest failures in crypto history, stemmed from allegations of mismanagement and fraud under former CEO Sam Bankman-Fried. 
The exchange, once valued at $32 billion, filed for bankruptcy after a liquidity crisis exposed a shortfall in customer funds. 
Bankman-Fried was later convicted of fraud, misappropriating $10 billion in customer assets, leading to a 25-year prison sentence. 
The fallout left thousands of customers and creditors awaiting repayment, with the Recovery Trust tasked with recovering and distributing assets.
The second distribution <a href="https://www.prnewswire.com/news-releases/ftx-recovery-trust-to-distribute-more-than-5-billion-to-creditors-in-second-distribution-on-may-30-2025-302456976.html">targets</a> holders of allowed claims in various classes who have met pre-distribution requirements. 
Funds will be disbursed through Bitgo or Kraken, with payments expected within one to three business days from May 30. 
John J. Ray III, the plan administrator, described the distribution as a milestone, noting the complexity of managing claims for a vast creditor base. He emphasized ongoing efforts to recover additional assets and resolve remaining claims.
Eligible creditors must complete Know Your Customer verification, submit tax forms, and onboard with a distribution service provider via the FTX Customer Portal. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45444794/bitcoin-is-starting-to-outperform-gold-jpmorgan">Bitcoin Is Starting To Outperform Gold: JPMorgan</a>
Those with transferred claims must ensure their details are updated with the claims agent. FTX warned of phishing scams, advising customers to verify communications and avoid connecting wallets to suspicious sites.
The distribution prioritizes different claim classes, with convenience claims receiving 120%, while customer and unsecured claims range from 54% to 72%. 
Future distribution dates will be announced, with similar requirements for eligibility. Separately, FTX Digital Markets Ltd. will handle claims for its customers.
FTX's downfall began when a November 2022 report revealed that Alameda Research, a hedge fund linked to Bankman-Fried, held significant illiquid assets tied to FTX's native token, FTT. 
A subsequent run on customer withdrawals exposed FTX's inability to cover deposits, triggering bankruptcy. 
Investigations uncovered that customer funds were misused to cover Alameda's losses, leading to <a href="https://www.benzinga.com/markets/cryptocurrency/22/11/29691585/why-ftxs-collapse-is-the-crypto-equivalent-of-the-2008-lehman-brothers-crisis">widespread financial harm</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45441997/coinbase-hit-by-data-breach-refuses-to-pay-20m-ransom">Coinbase Hit By Data Breach, Refuses To Pay $20M Ransom</a></li>
</ul>
Image: Shutterstock

FTX To Distribute Over $5B To Creditors In Second Round Of Payouts On May 30

Needham analyst Mike Cikos reiterated the Buy rating on CoreWeave, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) on Thursday, <a target="_blank" href="https://www.benzinga.com/quote/CRWV/analyst-ratings" rel="noreferrer noopener">with a price forecast of $55.</a>
The company reported its first quarterly results as a public<a target="_blank" href="https://www.benzinga.com/25/05/45436747/coreweave-stock-is-volatile-thursday-whats-going-on" rel="noreferrer noopener"> company late Wednesday.&nbsp;</a>
CoreWeave said first-quarter revenue increased 420% year-over-year to $981.63 million, beating analyst&nbsp;<a target="_blank" href="http://benzinga.com/quote/crwv/earnings" rel="noreferrer noopener">estimates</a>&nbsp;of $859.77 million. The&nbsp;Nvidia-backed AI infrastructure company reported an adjusted loss of approximately 60 cents per share.
Cikos noted that CoreWeave's earnings highlighted a significant market opportunity and solid execution. Revenue surpassed expectations by 15%, and second-quarter guidance came in 9% above consensus at the midpoint.
Also Read: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/05/45435725/tariffs-slow-retail-spending-as-producer-prices-post-sharpest-drop-since-2020" rel="noreferrer noopener">Tariffs Slow Retail Spending As Producer Prices Post Sharpest Drop Since 2020</a>
Cikos added that full-year revenue guidance was raised by 7%—fully incorporating the first-quarter beat, the second-quarter raise, and an implied increase for the second half of the year.
The analyst observed growing enterprise AI adoption, reflected in rising inference demand, which has encouraged management to accelerate investment, as data center capacity expanded from 1.3GW to 1.6GW.
While Cikos sees some stock volatility as investors digest the debt implications tied to funding CapEx, the analyst highlighted that CoreWeave has excelled in securing GPUs and assembling data center infrastructure in a highly constrained power environment, enabling it to gain market share amid soaring demand for AI compute.
He emphasized the company's bold and effective strategy for securing data center power—now at 360 active megawatts with over 1.3GW under contract—driven by flexible partnerships and innovative financing, including upfront CapEx to accelerate deployment timelines.
Cikos writes that the market may be underestimating the longevity of CoreWeave's infrastructure returns, noting that while GPUs are depreciated over six years, management sees a cash payback period of roughly 2.5 years and average contract durations of around four years.
The analyst added that the company could potentially realize value from its infrastructure well beyond the initial contract terms.
Price Action: CRWV shares are trading higher by 5.08% to $70.89 at last check Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45430835/us-stocks-likely-to-open-lower-after-sp-500s-three-day-winning-streak-many-uncertainties-remain-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower After S&amp;P 500's Three-Day Winning Streak: ‘…Many Uncertainties Remain,' Says Expert</a></li>
</ul>
Image: Shutterstock

Trading Ideas

CRWV

CoreWeave Gears Up For AI Growth, But Debt Concerns May Jolt Stock, Says Analyst

SDOT

SDOT stock has given up its prior gain. Sadot Group shares were trading higher following Q1 reported financial results.

TSHA

Taysha Gene Therapies shares are trading higher following Q1 earnings.

XPOF

Xponential Fitness shares are trading lower after the company announced CEO Mark King will retire.

GRAL

GRAIL shares are trading higher after the company reported Q1 financial results.

Needham analyst Ryan Koontz reiterated a buy rating and a $130 <a href="https://www.benzinga.com/quote/ANET/analyst-ratings" target="_blank" rel="noopener">price target </a>for Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) on Thursday.
Last Friday, Koontz hosted Chantelle Breithaupt, Arista Networks CFO, in a Fireside Chat.
Breithaupt reviewed the company&#8217;s strong first-quarter results and second-quarter guidance last week and its approach to fiscal year guidance, which was notably conservative and disappointed investors.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45267908/aristas-stock-hit-as-analysts-cut-targets-over-tariff-uncertainty-despite-strong-ai-demand" rel="noreferrer noopener">Arista&#8217;s Stock Hit As Analysts Cut Targets Over Tariff Uncertainty Despite Strong AI Demand</a>
He dove into the impact of tariffs and various approaches the company is already taking to mitigate the effects.
With investor attention squarely on progress in the AI back-end pilot, he assured meaningful progress on all four major customers. He affirmed that recent growth in Deferred Revenue was at least partially due to these pilots.
After raising calendar 2025 revenue guidance to 17% last quarter, management reiterated 17% growth due to the recent tariff and macro uncertainty.
Breithaupt provided additional context, noting that uncertainty has a greater impact on the business&#8217;s cost structure than the top line.
Due to long lead times and customer orders, Arista Networks conveys strong visibility for demand through calendar 2025, and discussions for calendar 2026 have not indicated any signs of a slowdown.
Koontz provided more details on the results for the first quarter of 2025.
Management estimates proposed tariff policies to have a 100-150 bps impact on gross margins, assuming no (further) mitigation.
Arista Networks has primary manufacturing operations in Mexico and Malaysia, which can provide flexibility with USMCA if specific requirements are met.
Given its scale, Arista Networks has powerful relationships with its CMs and respectable fungibility, but significant changes would still likely take six months to complete supply chain shifts.
Management continuously discusses expectations and mitigation tactics, noting that raising prices for customers would be their last resort but always a possibility.
Breithaupt also noted that product inventory increased sequentially in the recent quarter to buffer the impacts of possible future tariffs, and the company intends to leverage its massive balance sheet as a mitigation tool.
He reiterated that the $750 million front-end and back-end AI targets for calendar 2025 remained unchanged, and the four pilots are on track to build towards 100K GPU clusters in calendar 2025 or early calendar 2026.
Deferred revenue has attracted considerable attention in recent quarters, increasing ~$300 million sequentially and $1.4 billion year over year in the first quarter of 2025.
Arista Networks explains this is due to a combination of new products, use cases, and customers from AI, which can take 12-18 months to approve and deploy fully.
New customers often take longer to scale consumption, and longer lead times with chips result in larger purchase commitments.
Price Action:&nbsp;ANET stock is down 2.51% at $95.75 at last check Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/05/45261116/cisco-unveils-quantum-chip-and-lab-to-push-next-gen-networking" target="_blank" rel="noreferrer noopener">Cisco Unveils Quantum Chip And Lab To Push Next-Gen Networking</a></li>
</ul>
Photo: Shutterstock

Arista Networks Gains Analyst Backing On AI Momentum, Strong Deferred Revenue And Demand Visibility

Two executives with ties to President Donald Trump and Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) have a new SPAC offering targeting <a href="https://www.benzinga.com/news/ipos/25/03/44367379/global-client-advisory-group-affiliate-files-for-175-million-ipo-targeting-crypto-digital-security-ventures">the cryptocurrency market.</a>
With several stocks soaring on recent crypto-related mergers, could this be a SPAC to watch?
The SPAC Offering: On Thursday, Renatus Tactical Acquisition Corp I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTACU#NASDAQ">RTACU</a>) began trading. The units consist of one common share (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTAC#NASDAQ">RTAC</a>) and one-half of a redeemable warrant (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTAW#NASDAQ">RTAW</a>).
After announcing a 17.5 million offering at $10 per unit to raise $175 million, the offering was upsized to 21 million shares <a href="https://www.businesswire.com/news/home/20250513920321/en/Renatus-Tactical-Acquisition-Corp-I-Announces-Pricing-of-Upsized-%24210-Million-Initial-Public-Offering">raising </a>$210 million.
While SPACs have received less attention in recent years, this particular blank check company, given its two names attached, could quickly attract investors&#8217; attention.
Among the names involved in the sponsor companies of the SPAC deal are Eric Swider and Devin Nunes. Swider is the former CEO of Digital World Acquisition Corporation. The company, referred to as DWAC, was a SPAC that took Trump's media company Trump Media &amp; Technology Group public. 
Swider and Nunes currently <a href="https://ir.tmtgcorp.com/corporate-governance/board-of-directors/">serve </a>as director and CEO of Trump Media &amp; Technology Group, respectively. For the new SPAC, Swider <a href="https://www.sec.gov/edgar/browse/?CIK=0002035173">serves</a> as CEO while Nunes is chairman.
SPAC expert and Accelerate CEO Julian Klymochko <a href="https://x.com/JulianKlymochko/status/1922987358086893655">highlighted </a>the offering in a tweet Thursday.
"The former CEO of $DWAC, Eric Swider, along with the current CEO of $DJT, Devin Nunes, launched a new SPAC, Renatus Tactical Acquisition I. It IPO'd today. Its focus is on the crypto industry in the U.S. It's one to watch!" Klymochko tweeted.
Read Also: <a href="https://www.benzinga.com/24/12/42498758/truth-social-ceo-nunes-to-head-trumps-intelligence-advisory-board">Truth Social CEO Nunes to Head Trump&#8217;s Intelligence Advisory Board</a>
The SPAC Target Market: The SPAC could target a merger in any industry, sector or geographic region. However, the prospectus indicates a focus on finding a company in the cryptocurrency or blockchain space in the United States. Data security and dual-use technologies are also listed as potential target areas for a deal.
"We intend to capitalize on the ability of our management team to identify, acquire and operate a business or businesses that can benefit from our management team's established global relationships, sector expertise and active management and operating experience," the prospectus reads.
The SPAC is targeting a company valued between $500 million and $5 billion.
The prospectus also highlights Trump's positive push for cryptocurrency and the growing market opportunity for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and other cryptocurrencies. It recalls the recent executive order to create a strategic Bitcoin reserve by <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">stockpiling cryptocurrency assets</a>. 
Why It's Important: The timing of the public offering could be a strong setup for the management team and investors with several recent crypto-related merger announcements seeing shares trade significantly higher and receive increased attention.
Here are some of the recent deals:
<ul class="wp-block-list">
<li>Bitcoin holding company Twenty One <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44975441/cantor-fitzgerald-backed-twenty-one-launches-strategy-rival-at-3-billion-valuation">announced a SPAC merger</a> with Cantor Equity Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEP#NASDAQ">CEP</a>) with a target of holding 42,000 Bitcoin. The merger includes backing from Tether, SoftBank Group and Jack Mallers, who will serve as CEO. After the merger, the company will trade as "XXI" on the Nasdaq and could be one of the largest public holders of Bitcoin.</li>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) <a href="https://www.benzinga.com/news/contracts/25/05/45260992/asset-entities-stock-rockets-higher-on-merger-deal-to-form-bitcoin-treasury-company">announced a merger</a> with Strive Asset Management to become a public Bitcoin holding company on the Nasdaq.</li>
<li>Nakamoto Holdings <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45352237/nakamoto-holdings-raises-710m-merges-with-kindlymd-to-build-bitcoin-treasury-holding-company">announced a merger</a> with Kindly MD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDLY#NASDAQ">KDLY</a>) in a deal that will see the newly formed company be a Bitcoin holding company. Nakamoto comes from the mind of Bitcoin Magazine CEO and Trump crypto advisor David Bailey, who will serve as CEO.</li>
<li>Gryphon Digital Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) recently <a href="https://www.benzinga.com/news/small-cap/25/05/45347101/gryphon-digital-to-take-trump-affiliated-american-bitcoin-public-in-merger-deal-stock-soars">announced a merger </a>with American Bitcoin, a subsidiary of Hut 8 Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>). American Bitcoin was launched in collaboration between Hut 8 and Eric Trump earlier this year. The new company will trade on the Nasdaq with the ticker "ABTC."</li>
</ul>
While not all of these were SPAC mergers, these stocks all saw shares trade higher on deal announcements, illustrating investors appetite for crypto-related mergers.
Price Action: Renatus Tactical Acquisition Corp units trade at $10.88 Thursday and have traded between $10.60 and $10.99 since going public.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/21/12/24526791/5-things-you-might-not-know-about-devin-nunes-ceo-of-trump-media-technology-group">5 Things You Might Not Know About Devin Nunes, CEO Of Trump Media &amp; Technology Group</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

IPOs

$BTC

ASST

GRYP

KDLY

RTAC

RTACU

RTAW

Trump Insiders Want A Piece Of Crypto, SPAC Action: Is A Merger Coming?

Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) shares are trading higher at the last check on Thursday after the company reported second-quarter net sales and revenue fell 16% year-over-year to $12.76 billion, topping the consensus <a href="https://www.benzinga.com/news/earnings/25/05/45441833/deere-shares-rise-after-q2-beat-despite-steep-sales-declines-across-segments" target="_blank" rel="noreferrer noopener">estimate of $10.79 billion</a>.
The company expects FY25 net income to be between $4.75 billion-$5.5 billion <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">(prior $5 billion and $5.5 billion)</a>.
Goldman Sachs analyst Jerry Revich reiterated a Buy rating <a target="_blank" href="https://www.benzinga.com/quote/DE/analyst-ratings" rel="noreferrer noopener">and price forecast of $583</a>.
The analyst&#8217;s rating reflects expected Machinery capital stock growth, end of new equipment destocking, faster Precision Ag adoption, and reduced tariff margin risk.
The analyst views Deere's second-quarter results as consistent with adjusted expectations following the Machinery earnings announcement.
This reflects a margin guidance reduction of about 100 bps, likely due to tariffs impacting Construction &amp; Forestry, and a second-quarter earnings beat on 35% decremental margins (vs. GS: 46% estimate).
Also, the analyst highlighted dealers increasing inventories ahead of normal seasonality for the first time in seven quarters, suggesting the end of destocking.
Investors can gain exposure to the stock via iShares MSCI Agriculture Producers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEGI#NYSE">VEGI</a>) and Global X AgTech &amp; Food Innovation ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KROP#NASDAQ">KROP</a>).
Price Action: DE shares are up 3.08% at $522.15 at the last check on Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45430835/us-stocks-likely-to-open-lower-after-sp-500s-three-day-winning-streak-many-uncertainties-remain-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower After S&amp;P 500&#8217;s Three-Day Winning Streak: &#8216;&#8230;Many Uncertainties Remain,&#8217; Says Expert</a></li>
</ul>
Image: Shutterstock

Large Cap

KROP

VEGI

Green Light For Deere: Analyst Sees Growth Ahead Despite Tariff Concerns

Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) recent surge to $104,000 has been driven primarily <a href="https://www.benzinga.com/money/bitcoin-price-prediction">by spot accumulation</a> and a notable reduction in sell-side pressure, according to Glassnode's market report released Thursday.
What Happened: A key short-term support level has emerged around $93,000–$95,000, with both on-chain and exchange data suggesting that recent buyers are defending this cost basis zone.
&#8220;A key accumulation zone emerged between $93k and $95k,&#8221; the report <a href="https://insights.glassnode.com/the-week-onchain-week-19-2025/?utm_campaign=WoC_19_25&amp;utm_medium=email&amp;utm_source=newsletter">notes</a>, adding that this range aligns closely with the Short-Term Holder (STH) cost basis, which includes investors who entered the market in the past five months.
Glassnode analysts highlight that this zone is likely to act as a structural support during pullbacks. "This range&#8230; represents a demand zone where investors are likely to see value once again," they wrote.
Supporting this, net buying pressure has intensified on U.S. exchange Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), while selling on Binance has sharply declined. "Coinbase has experienced a regime of consistent net buying&#8230; Binance markets have transitioned from intense net selling&#8230; to a milder -$9M daily today."
In derivatives markets, perpetual futures open interest has dropped by 10% from its peak, signaling a short squeeze and cleansing of excessive short-side leverage. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45438872/want-to-copytrade-the-trump-linked-world-liberty-financial-portfolio-dont-be-so-sure">Want To Copytrade The Trump-Linked World Liberty Financial Portfolio? Don&#8217;t Be So Sure</a>
WHy It MattersL This positions the market for a more sustainable uptrend.
"These types of shakeouts are characteristic of healthy resets&#8230; often seen during the early phases of a new market trend," the report states.
While ETF inflows have slowed from a peak of $389 million/day to around $58 million/day, demand remains strong. Glassnode points out that this institutional participation reflects a longer-term conviction in Bitcoin, echoing inflow patterns from earlier rallies in 2024.
Options market data also shows traders leaning bullish. 
The 1-month 25 Delta Skew stands at -6.1%, indicating traders are paying more for calls than puts, a classic sign of upside speculation.
The report further states that Bitcoin's upward momentum is well-supported. 
As long as the cost basis support zone holds and derivatives markets continue to stabilize, the rally may remain intact even as the asset approaches its all-time high near $109,000.
Read Next: 
<ul class="wp-block-list">
<li><a style="font-weight: bold;" href="https://www.benzinga.com/markets/cryptocurrency/25/05/45433455/arthur-hayes-predicts-bitcoin-to-hit-1-million-by-2028">Arthur Hayes Predicts Bitcoin To Hit $1 Million By 2028</a></li>
</ul>
Image: Shutterstock

COIN

Bitcoin Rally Supported By $95,000 Cost Basis Zone: Report

Goldman Sachs analyst James Yaro discusses the performance of retail <a href="https://www.benzinga.com/crypto" target="_blank" rel="noreferrer noopener">brokers and investment bank stocks in his coverage</a>.
Retail Broker Sector: In particular, the analyst noted that Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) and Interactive Brokers Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>) witnessed an average rise of about 35% since April 1, 2025, significantly outperforming the S&amp;P 500 by 31 percentage points.
Yaro writes that this indicates ongoing optimism about the retail trading environment, supported by robust April metrics.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/25/05/45441997/coinbase-hit-by-data-breach-refuses-to-pay-20m-ransom" rel="noreferrer noopener">Coinbase Hit By Data Breach, Refuses To Pay $20M Ransom</a>
The analyst says he remains positive on retail trading, noting that current levels are still considerably below historical highs when adjusted for account growth.
Yaro estimates 12%/5% revenue and EPS CAGRs from 2024-2027, driven by robust account acquisition, strong assets gathering, and a cyclically supportive retail trading environment.
Yaro projects compound annual growth rates (CAGRs) of 12% for revenue and 5% for EPS from 2024 to 2027, based on strong new account acquisition, robust asset gathering, and a cyclically supportive retail trading environment.
Investment Bank Sector: Stocks are up 7% since the same date, slightly outperforming the S&amp;P 500 by three percentage points, adds the analyst.
Yaro says that the cyclical recovery in investment banking appears to have been delayed again, with disclosed industry M&amp;A fees down 34% quarter-to-date year-over-year and ECM/DCM volumes falling 44%/41% in April year-over-year.
The analyst adds that the market likely needs more concrete signs of an investment banking recovery for the stocks to continue outperforming from this point on.
Given the base case scenario of limited mergers and acquisitions activity this year, the analyst anticipates a modest 3% year-over-year increase in total revenue for 2025.
In the near term, the analyst&#8217;s model forecasts a 2% quarter-over-quarter revenue decline for the second quarter of 2025.
Nevertheless, Yaro maintains a positive outlook for the medium term, projecting revenue growth of 16% in 2026 and 10% in 2027.
Overall, he views companies with more consistent structural growth prospects as positive, including Buy-rated Houlihan Lokey, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLI#NYSE">HLI</a>), HOOD, and IBKR.
Yaro also favors companies with an underappreciated counter-cyclical business, such as our Buy-rated Evercore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVR#NYSE">EVR</a>), and companies with the potential to gain market share, which includes all four mentioned.
In particular, he anticipates a strong trading environment to support HOOD and IBKR, while HLI should experience through-the-cycle growth from ongoing momentum in Corporate Finance and benefits from restructuring and inorganic growth execution.
Yaro forecasts EVR to deliver best-in-class revenue growth from 2025 to 2027 and sees potential upside for EVR through its exposure to Equity Capital Markets (ECM).
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45415288/coinbase-ceo-brian-armstrong-invites-doge-staff-to-create-a-more-efficient-financial-system" target="_blank" rel="noreferrer noopener">Coinbase CEO Brian Armstrong Invites DOGE Staff To &#8216;Create A More Efficient Financial System&#8217;</a></li>
</ul>
Photo: Shutterstock

HOOD

IBKR

Analyst Predicts Double-Digit Revenue Growth For Retail Brokers, Noting Weak M&A, ECM/DCM Volumes In Investment Banking Sector

AppLovin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares are down 2.8% to $366.06 on Thursday but remain up nearly 50% over the past month, as investors might be taking profits following a sharp post-earnings rally.
What To Know: The pullback comes after the stock <a href="https://www.benzinga.com/news/25/05/45380609/applovin-stock-surges-on-strong-q1-earnings-and-tariff-truce-tailwinds">surged</a> over the past week, fueled by better-than-expected first-quarter results and a broader tech rally sparked by <a href="https://www.benzinga.com/government/regulations/25/05/45347089/wall-street-rips-higher-as-tariff-truce-halts-us-china-economic-escalation">easing</a> U.S.-China trade tensions.
Last Wednesday, AppLovin <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45323056/applovins-rapid-ad-growth-ai-gains-drive-hike-in-analyst-price-forecast">reported</a> first-quarter revenue of $1.48 billion, beating consensus estimates of $1.38 billion and growing 40% year-over-year. Adjusted EPS of $1.67 also topped forecasts.
Read Also: <a href="https://www.benzinga.com/news/25/05/45445582/plug-power-stock-hits-a-new-52-week-low-whats-going-on">Plug Power Stock Hits A New 52-Week Low: What&#8217;s Going On?</a>
The advertising segment led performance with 71% revenue growth and record 81% EBITDA margins. The company guided second-quarter ad revenue to $1.195–$1.215 billion and adjusted EBITDA to $970M–$990M, well above Street expectations.
Analysts <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45323056/applovins-rapid-ad-growth-ai-gains-drive-hike-in-analyst-price-forecast">responded</a> favorably. BofA reiterated a Buy with a $580 target, while Goldman Sachs and JPMorgan raised targets to $435 and $355, respectively.
Macro conditions have added some support this week, with Monday's news of a 90-day U.S.-China tariff rollback easing recession and inflation fears. April CPI data released Tuesday showed inflation cooling slightly, reinforcing market optimism.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45435725/tariffs-slow-retail-spending-as-producer-prices-post-sharpest-drop-since-2020">Tariffs Slow Retail Spending As Producer Prices Post Sharpest Drop Since 2020</a>
<h2 class="wp-block-heading">How To Buy APP Stock</h2>
By now you're likely curious about how to participate in the market for AppLovin &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of AppLovin, which is trading at $366.06 as of publishing time, $100 would buy you 0.27 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, APP has a 52-week high of $525.04 and a 52-week low of $60.67.

AppLovin (APP) Stock Pulls Back Following Recent 50% Surge: What's Going On?

Press Releases

CCSC Technology International Holdings Limited Announces Plan for New Supply Chain Management Center in Central Europe

New European Supply Chain Center to Enhance Global Growth of Interconnected Products Needed in a Wide Range of Industries: CCSC Technology International Holdings Limited (Nasdaq: CCTG)

CCSC Technology International Holdings Limited Enters into Strategic Cooperation Framework Agreement with Innogetic International Limited

CCSC Technology International Holdings Limited Enters into International Purchase Agreement with SHI / LIGHTCARE-SOLUTIONS ApS

New International Agreements for AI Applications and Healthcare Lighting, Plus Plans for European Supply Chain Center to Serve Varied Tech Industries: CCSC Technology (Nasdaq: CCTG)

CCSC Technology International Holdings Limited Reports Financial Results for Fiscal Year 2024

Early Movers: PRSO, TVGN, ZENA, CCTG, CRDL Stocks to Watch Today!

Commodities

CCSC Technology International Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2025 Ended September 30, 2024

Comments

CCSC Technology

空売り

CCSC Technology (NASDAQ:CCTG) 株価情報, 空売り情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル