First Trust Nasdaq Oil & Gas ETF (NASDAQ: FTXN)

最新ニュース First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

First Trust Nasdaq Oil & Gas ETF

Energy

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the index. The index is designed to provide exposure to U.S. companies comprising the oil and gas sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. It is non-diversified.

Exxon Mobil Corp.

Chevron Corp.

Conocophillips Common

Marathon Petroleum Corp Common Stock Usd 0.01

Occidental Petroleum Corp.

Cheniere Energy Inc.

Kinder Morgan Inc./de

Eog Resources, Inc.

Valero Energy Corp.

The Williams Companies Inc.

Craig-Hallum analyst Anthony Stoss maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and raises the price target from $48 to $70.

News

Price Target

Analyst Ratings

SMTC

Craig-Hallum Maintains Buy on Semtech, Raises Price Target to $70

Argus Research analyst Kristina Ruggeri upgrades L3Harris Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) from Hold to Buy and announces $300 price target.

Upgrades

Argus Research Upgrades L3Harris Technologies to Buy, Announces $300 Price Target

Craig-Hallum analyst Ryan Sigdahl initiates coverage on Century Casinos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTY#NASDAQ">CNTY</a>) with a Buy rating and announces Price Target of $8.

Initiation

CNTY

Craig-Hallum Initiates Coverage On Century Casinos with Buy Rating, Announces Price Target of $8

MediaCo Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDIA#NASDAQ">MDIA</a>) ("MediaCo"), a leading multicultural media company, announced today that it has fully repaid in cash the $7.3 million convertible promissory note (the "Convertible Note") held by Emmis Communications Corporation. In connection with the satisfaction of the Note, the representatives of Emmis on MediaCo's Board of Directors have resigned from the Board, effective immediately.

Financing

Management

MDIA

MediaCo Announces It Has Fully Repaid In Cash The $7.3M Convertible Promissory Note Held By Emmis Communications Corp;  The Representatives Of Emmis On MediaCo's Board Of Directors Have Resigned From The Board, Effective Immediately

Marathon Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) CEO, Fred Thiel believes Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) will not see the volatility of the past years, citing multiple factors <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42096519/bitcoin-to-reach-190000-this-cycle-michael-terpin-of-transform-group-says">for his hypothesis</a>.
What Happened: In an appearance on CNBC's Street Signs <a href="https://www.youtube.com/watch?v=WaFF2snJJrU">show</a> on Monday, Thiel noted that the cryptocurrency&#8217;s recent momentum stems from increasing institutional interest, favourable political signals and strategic investments rather than traditional factors like the halving.
Thiel highlighted how the launch of <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42165734/bitcoin-etfs-registered-record-312-billion-net-inflows-last-week">Bitcoin ETFs</a> earlier this year initially attracted retail investors, but institutions, including pension funds and corporations, soon followed, pouring capital into Bitcoin-related equities.
Political support, notably from president-elect Donald Trump&#8216;s <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42122348/trumps-planned-crypto-council-may-oversee-bitcoin-reserve-report">pro-Bitcoin stance</a> emphasizing <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41770352/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies">U.S.-based mining and Bitcoin reserves</a>, has amplified optimism for a favourable regulatory environment. 
Thiel believes these developments may drive other nations to adopt similar strategies, boosting <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42170734/robert-kiyosaki-trump-will-make-america-richer-again-by-being-the-first-bitcoin-president">Bitcoin&#8217;s long-term potential.</a>
Market demand remains strong, with long-term holders liquidating some positions for profit being offset by institutional and retail buying. 
Companies like MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and others have aggressively purchased Bitcoin, supported by <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42138209/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows">billion-dollar bonds at low interest rates.</a>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42163156/why-bitcoins-rally-is-stalling-below-100000">Why Bitcoin&#8217;s Rally Is Stalling Below $100,000</a>
Why It Matters: Unlike previous cycles marked by sharp corrections, Thiel expects Bitcoin&#8217;s future to be defined by reduced volatility and sustained growth due to strong market demand. 
He noted that "every single Bitcoin purchased was recently in profit," showing the strength of the current market.
While price fluctuations remain inevitable, general trend for Bitcoin will continue to move upward, supported by a growing base of institutional buyers stabilizing the market. 
Thiel suggests that Bitcoin&#8217;s extreme volatility, characterized by sharp peaks and significant drawdowns of 20-30%, may be a thing of the past, at least in the near term.
Thiel revealed that Marathon raised a billion-dollar bond at zero percent interest alongside MicroStrategy, using the funds to <a href="https://x.com/fgthiel/status/1860049931685494955">acquire</a> significant Bitcoin holdings. He stated, &#8220;Anybody who&#8217;s selling is selling into a market where there&#8217;s ample demand,&#8221; further emphasizing his confidence in Bitcoin&#8217;s upward trajectory.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42170334/bitcoin-investor-turns-daily-30-purchases-into-1-million-portfolio-in-7-years-10-months-and-12-days">Bitcoin Investor Turns Daily $30 Purchases Into $1 Million Portfolio In 7 Years, 10 Months And 12 Days</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

MARA

MSTR

Bitcoin Is Being Sold Into A Market With 'Ample Demand' From Institutions, Says Marathon CEO Fred Thiel

JP Morgan analyst Jessica Fye maintains Moderna (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) with a Underweight and lowers the price target from $59 to $45.

MRNA

JP Morgan Maintains Underweight on Moderna, Lowers Price Target to $45

WIIM

GELS

Gelteq shares are trading higher after the company provided business updates including production, sales orders, and deliveries

JP Morgan analyst Jessica Fye maintains BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) with a Neutral and lowers the price target from $124 to $122.

BNTX

JP Morgan Maintains Neutral on BioNTech, Lowers Price Target to $122

Jan van Eck, CEO of VanEck, focused on two crucial themes during his appearance at the <a href="https://www.benzinga.com/digital-assets">Benzinga&#8217;s Future of Digital Assets Conference</a>: the ambiguity of U.S. fiscal policy and the rapid technological advancements impacting the financial landscape. 
Van Eck&#8217;s remarks provided a nuanced view of how these developments could influence investment strategies and broader financial systems.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42189225/trump-threatens-25-tariffs-on-canada-mexico-until-invasion-is-stopped-but-polymarket-traders-arent-convinced">Trump Threatens Tariffs On Canada, Mexico Until &#8216;Invasion&#8217; Is Stopped, But Polymarket Traders Aren&#8217;t Convinced</a>
<h3 class="wp-block-heading">Unclear Fiscal Priorities Post-Election</h3>
Van Eck addressed the uncertainty surrounding fiscal policy in the wake of recent elections. He noted that, despite a Republican win, the direction of government spending remains undecided. "We have just huge budget deficits in the United States. Any other country doing this stuff would be going bankrupt," he said.
Van Eck outlines the possibilities, which range from maintaining current spending levels to potential budget reductions of up to $500 billion, a concept aligned with proposals from figures like Vivek Ramaswamy. He emphasizes the challenges this ambiguity presents for investors trying to plan for the future.
<h3 class="wp-block-heading">Staying Ahead in a Rapidly Changing Environment</h3>
Touching on technological advancements, van Eck pointed to the rapid evolution of artificial intelligence and its increasing role in financial systems. 
"Change is accelerating," he remarked. For professionals in finance and tech, he said, events like the Benzinga Digital Assets Conference are indispensable for staying informed and connecting with industry leaders. "You almost have to come to events like this to stay on top of it," he added.
The pace of technological transformation, coupled with uncertainty in fiscal policy, underscores the importance of dialogue and collaboration in navigating these challenges. Van Eck's comments reflected the urgency of addressing these shifts to stay competitive.
<h3 class="wp-block-heading">A Balancing Act for the Future</h3>
Van Eck's remarks framed the need to navigate fiscal and technological developments carefully. As the financial world contends with mounting deficits and technological advances, adapting and remaining informed will be critical in shaping strategies and ensuring stability.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/etfs/currency-etfs/24/11/42190765/trumps-tariff-threats-slam-mexican-peso-canadian-dollar-only-the-beginning-of-a-sorely-needed-repricing-expert-warns">Mexican Peso, Canadian Dollar Slide As Ackman Says Trump Will Use Tariffs &#8216;As A Weapon&#8217;</a></li>
</ul>
Image: Jan Van Eck/LinkedIn

Events

Exclusives

Interview

'It's A Problem': VanEck CEO Sounds Off On US Budget Deficits, Rapid Change

Trading Ideas

SMTK

SmartKem Shares Resume Trade

SmartKem Shares Halted On Circuit Breaker To The Downside, Stock Now Up 17.9%

Keefe, Bruyette &amp; Woods analyst Christopher Mcgratty maintains Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) with a Outperform and raises the price target from $23 to $28.

Keefe, Bruyette & Woods Maintains Outperform on Old National, Raises Price Target to $28

JP Morgan analyst Rachel Vatnsdal maintains Agilent Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) with a Overweight and lowers the price target from $165 to $160.

JP Morgan Maintains Overweight on Agilent Technologies, Lowers Price Target to $160

UAVS

AgEagle Aerial Systems Shares Halted On Circuit Breaker To The Upside, Stock Now Up 28%

Manchester United PLC&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) reported a fiscal first-quarter 2025 sales decline of 8.9% year-on-year to 143.1 million British&nbsp;pounds or $186.07 million, missing the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b42185408/manchester-united-plc-reports-first-quarter-fiscal-2025-results" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $194.49 million</a>.
Broadcasting revenue plummeted 20.4%, Commercial revenue fell 5.6%, and Matchday revenue declined 3.3%.
The operating loss for the quarter was (6.9) million pounds compared to 1.9 million pounds profit last year.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/11/42168509/amd-teams-up-with-taiwan-semi-to-take-on-samsung-in-smartphone-market" rel="noreferrer noopener">AMD Teams Up With Taiwan Semi To Take On Samsung In Smartphone Market</a>
Adjusted EBITDA was 23.7 million pounds versus 23.3 million pounds last year.
The adjusted loss per share for the period was (0.21) pence versus (5.27) last year. Adjusted EPS loss of $(0.27)&nbsp;beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus loss estimate of $(0.29)</a>.
As of September 30, 2024, the company held 149.6 million pounds in cash and equivalents. The quarter&#8217;s net cash inflow from operating activities was 13.32 million pounds.
As of September 30, 2024, the company&#8217;s USD non-current borrowings were $650 million, unchanged from last year.
CEO Omar Berrada said the men&#8217;s and women&#8217;s seasons are well underway. He acknowledged tapping Ruben Amorim as head coach of the men&#8217;s team. The cost and headcount reductions remain on track. He flagged further commercial traction and welcomed a new partner, Heineken, through their Tiger brand. He added that the renovation of the Carrington Training Centre is progressing well while the Old Trafford Regeneration Task Force continues its work.
Outlook: Manchester United reiterated fiscal 2025 revenue of 650 million pounds-670 million pounds versus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">analyst consensus of 666.33 million pounds</a>.
It <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/40813365/manchester-united-q4-earnings-topline-decline-broadcasting-takes-major-hit-more" rel="noreferrer noopener">maintained a fiscal 2025</a> adjusted EBITDA of 145 million pounds-160 million pounds.
Manchester United stock dropped 15% year-to-date amid reports of a potential full-team sale. In the third quarter of fiscal 2024, the club launched a business transformation plan, appointing new executive leaders, restructuring its organization, and <a target="_blank" href="https://www.benzinga.com//node/40810798" rel="noreferrer noopener">initiating a major cost-cutting program.</a>
Price Action: MANU stock traded lower by 1.98% at $16.87 at last check Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/11/42161830/sony-eyes-portable-gaming-market-with-new-handheld-console-in-development" target="_blank" rel="noreferrer noopener">Sony Eyes Portable Gaming Market With New Handheld Console In Development</a></li>
</ul>
Image via Shutterstock.

Earnings

Equities

Guidance

Sports

Movers

General

MANU

Manchester United Q1 Earnings: Revenue Falls 8.9% As Broadcasting Takes A Hit, Cost Cuts Stay On Track, Reaffirms 2025 Guidance

VRME

VerifyMe shares are trading higher after the company announced its board approved a share repurchase plan extension to December 31, 2025.

ZENA

ZenaTech Shares Halted On Circuit Breaker To The Downside, Stock Now Up 63.5%

Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) faced significant service disruptions on Monday with close to 5,400 people reporting issues with Microsoft 365 on the <a href="https://downdetector.com/status/microsoft-365/" target="_blank" rel="noreferrer noopener">Down Detector</a> around noon EST. 
Around 84% of reports stemmed from Outlook, 10% from Exchange, and 6% from Sharepoint.
Close to 8,500 users reported issues with Microsoft Outlook as per <a target="_blank" href="https://downdetector.com/status/outlook/" rel="noreferrer noopener">Down Detector</a>, with 67% of problems corresponding to the website, 22% with the app, and 11% with login issues.
Also Read: <a href="https://www.benzinga.com/24/11/42143717/best-buys-growth-hinges-on-computing-and-services-as-q3-approaches-analyst" target="_blank" rel="noreferrer noopener">Best Buy&#8217;s Growth Hinges On Computing And Services As Q3 Approaches: Analyst</a>
Over 300 users reported issues associated with Microsoft Teams on the <a target="_blank" href="https://downdetector.com/status/teams/" rel="noreferrer noopener">Down Detector</a>, with 61% of the problems related to the server connection, 26% to the website, and 13% to the website.
Microsoft <a href="https://x.com/MSFT365Status/status/1860973220662280356" target="_blank" rel="noreferrer noopener">tweeted</a> at 4:06 am ET that users faced issues with Exchange Online and Microsoft Teams calendars.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We&#39;re investigating an issue impacting users attempting to access Exchange Online or functionality within Microsoft Teams calendar. For more information, please refer to MO941162 in the admin center.
&mdash; Microsoft 365 Status (@MSFT365Status) <a href="https://twitter.com/MSFT365Status/status/1860973220662280356?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
At 9:03 am ET, the company <a target="_blank" href="https://x.com/MSFT365Status/status/1861047970143019048" rel="noreferrer noopener">tweeted</a> that it had deployed a fix progressing through the affected environment. At the same time, it began a manual restart on a subset of affected machines.
At 12:25 pm ET, the company <a target="_blank" href="https://x.com/MSFT365Status/status/1861098870547120306" rel="noreferrer noopener">tweeted</a> that targeted restarts were progressing slower than anticipated for most affected users.
At 5:59 pm ET Tuesday, it <a target="_blank" href="https://x.com/MSFT365Status/status/1861182988022624262" rel="noreferrer noopener">tweeted</a> incremental recovery for some users and focused on additional workstreams to resolve all customers&#8217; issues.
Microsoft&#8217;s <a href="https://admin.microsoft.com/servicestatus" target="_blank" rel="noreferrer noopener">current status</a> says users may be unable to access or use some of Microsoft 365&#8217;s services and features.
OpenAI ChatGPT services also experienced <a href="https://status.openai.com/">disruption on Monday</a>. Users flagged elevated errors on ChatGPT and API from 1:20 pm ET. ChatGPT recovered by 2:55 pm ET, and API performance was recovered for most customers by 4:30 pm ET. The number of issues reported crossed 2,100 on Monday as per <a href="https://downdetector.com/status/openai/">Down Detector</a>.
Price Action: Microsoft stock is down 0.33% at $417.40 premarket at last check Tuesday.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/11/42144915/china-unveils-global-ai-governance-committee-with-alibaba-cloud-founder-at-the-helm" target="_blank" rel="noreferrer noopener">China Unveils Global AI Governance Committee With Alibaba Cloud Founder At The Helm</a></li>
</ul>
Image: Shutterstock

Tech

MSFT

Microsoft Service Disruption Hits Outlook And Teams, Thousands Report Issues

WLDS

Wearable Devices shares are trading lower. The company announced it entered into a securities purchase agreement for the sale of 822,000 shares through a registered direct offering priced at $2.25 per unit.

BMO Capital analyst Andrew Strelzik maintains Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) with a Outperform and lowers the price target from $55 to $51.

PLAY

BMO Capital Maintains Outperform on Dave & Buster's Enter, Lowers Price Target to $51

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