Virtus ETF Trust II Virtus KAR Mid-Cap ETF (ARCA: KMID)

最新ニュース Virtus ETF Trust II Virtus KAR Mid-Cap ETF (ARCA:KMID)

Industrials

Financial Services

Consumer Cyclical

Technology

Healthcare

Other

The Fund pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap Index. The Fund invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the Fund's sub-adviser, to be undervalued relative to their future growth potential. The investment strategy emphasizes companies believed by the Sub-Adviser to have a sustainable competitive advantage, strong management and low financial risk and to be able to grow over market cycles. Although the Fund invests primarily in U.S. companies, it may invest in American depositary receipts. Under normal circumstances, the Fund invests at least 80% of the value of its net assets in securities of medium market capitalization companies. As of the date of this Prospectus, the Sub-Adviser considers medium market capitalization companies for this purpose to be those companies that have market capitalizations generally above $10 billion up to the highest market capitalization of companies included in the Russell Midcap Index. As of August 31, 2024, the highest market capitalization of companies included in the Russell Midcap Index was $71.0 billion. Generally, the Fund invests in approximately 25 to 35 securities at any given time.

Ametek Inc

Ross Stores Inc

Teledyne Technologies Inc

Lennox International Inc

West Pharmaceutical Serv.

Equifax Inc.

Cooper Cos Inc/The

Domino'S Pizza Inc

Pool Corp

Westinghouse Air Brake Technologies Corp.

Heico Corp Class A

Brown & Brown Inc

Verisk Analytics Inc

heico corp

Rollins Inc

Virtus KAR Mid-Cap ETF

Virtus ETF Trust II Virtus KAR Mid-Cap ETF

U.S. stock futures were slightly lower on Tuesday after ending largely flat on Monday. Futures of major benchmark indices were trading lower in premarket.
The S&amp;P 500 index recorded its <a href="https://www.benzinga.com/25/05/45511478/dow-surges-over-100-points-despite-moodys-us-downgrade-investor-sentiment-decreases-fear-greed-index-remains-in-greed-zone">sixth session of advance</a> by ending marginally higher, shrugging off the <a href="https://www.benzinga.com/news/econ-s/25/05/45479078/moodys-downgrades-us-credit-rating-over-debt-deficit-concerns">Moody&#8217;s downgrade</a> from the weekend.
Experts were assessing the impact of President Donald Trump&#8216;s tax cuts via the proposed &#8216;<a href="https://www.benzinga.com/government/regulations/25/05/45506863/trumps-big-beautiful-bill-advances-heres-who-wins-and-loses">Big, Beautiful Bill</a>,&#8217; as Moody&#8217;s also highlighted the impact of the tax cuts from 2017, and underscored it as a key reason for its decision to downgrade the U.S. credit rating from Aaa to Aa1 on May 16, 2025.
Meanwhile, the 10-year Treasury bond yielded 4.45% and the two-year bond was at 3.96%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 91.4% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.20%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.37%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.45%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.36%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Tuesday. The SPY was down 0.29% to $593.14, while the QQQ declined 0.39% to $519.99, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro </a>data.
Cues From Last Session:
Healthcare, consumer staples, and industrials led the S&amp;P 500&#8217;s Monday gains as U.S. stocks mostly climbed, with the Dow Jones adding over 100 points.
However, energy and consumer discretionary stocks bucked the upward trend, closing lower.
This positive momentum followed a strong prior week where the S&amp;P 500 rose 5.3%, the Dow increased 3.4%, and the Nasdaq Composite surged 7.2%.
Despite Moody&#8217;s downgrading U.S. sovereign credit from Aaa to Aa1, investors showed limited concern. Notably, UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) shares jumped over 8% on Monday, extending Friday&#8217;s 6% surge, after executives purchased shares during a recent dip.
Novavax Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) also soared 15% following FDA approval for its Nuvaxovid COVID-19 vaccine for high-risk individuals.
On the economic front, the CB Leading Index saw a 1% monthly decline in April.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.023%</td>
<td>19,215.46</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.088%</td>
<td>5,963.60</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.32%</td>
<td>42,792.07</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.42%</td>
<td>2,104.43</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
As the S&amp;P 500 index recovered and it was just 2.99% lower than its all-time high of 6,147.43 points, Subu Trade shares data in an X post suggesting that the index tends to rally for 2-12 months after notching such &#8220;quick recoveries.&#8221;
Last time the S&amp;P 500 recovered from -18% to -3% within 50 days, it returned 20.43% on average after one year and 4.86% after three months.
Also, the data shows that the index was higher than 100% of the time after nine months and a year.
&#8220;These quick recoveries tend to see stocks rally more over the next 3-12 months. Momentum is strong,&#8221; the X post stated.
<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">The S&amp;P 500 is now -3% below its all-time high. Last month it was -18% below its all-time high. These quick recoveries tend to see stocks rally more over the next 3-12 months. Momentum is strong. <a href="https://t.co/rYzFp9IhSQ">pic.twitter.com/rYzFp9IhSQ</a>
&mdash; Subu Trade (@SubuTrade) <a href="https://twitter.com/SubuTrade/status/1924556261581787515?ref_src=twsrc%5Etfw">May 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, analysts at BlackRock <a href="https://www.benzinga.com/general/market-summary/25/05/45512310/blackrock-bets-on-inflation-goes-overweight-inflation-linked-bonds-amid-us-fiscal-sustainability-challenge-heres-a-list-of-etfs-investors-can-consider">bet on rising inflation</a> by being "overweight" on the inflation-linked bonds. 
This strategic shift is to mitigate risks stemming from "persistent inflation pressure" and growing concerns over the sustainability of U.S. government finances.
The note also highlighted how the U.S. debt sustainability relies on large and steady funding by foreign investors.
"The downgrade reinforces the U.S. fiscal sustainability challenge that we've long flagged, especially persistent U.S. budget deficits at a time when higher interest rates are boosting debt servicing costs. If these dynamics dent the confidence of foreign bond holders, rising term premium could push up bond yields and debt servicing costs even more," explained BlackRock in its note.
As a result, BlackRock&#8217;s current strategy now anticipates higher term premiums for U.S. Treasuries and ongoing inflation.
"That&#8217;s why our starting point also includes our expectation of rising term premium for U.S. Treasuries and persistent inflation pressure. We go overweight inflation-linked bonds and neutral global investment grade credit given wider spreads," the note stated.
Even though U.S. assets are still core to their portfolios, BlackRock&#8217;s shift into inflation-linked bonds highlights their proactive approach to counter looming fiscal and inflationary challenges.
See Also:<a href="https://www.benzinga.com/money/how-to-trade-futures"> How to Trade Futures</a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul class="wp-block-list">
<li>Richmond Fed President Tom Barkin will speak at 9:00 a.m. ET.</li>
<li>Boston Fed President Susan Collins will participate in the &#8216;Fed Listens&#8217; event at 9:30 a.m. ET.</li>
<li>St. Louis Fed President Alberto Musalem will speak at 1:00 p.m., and Federal Reserve Governor Adriana Kugler will speak at 5:00 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Home Depot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) was 0.36% higher in premarket on Tuesday as analysts expect it to report quarterly earnings of $3.60 per share on revenue of $39.33, before the opening bell.</li>
<li>Toll Brothers Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) was up 0.75% as Wall Street expects it to report earnings after the closing bell. It is expected to post earnings of $2.83 per share on revenue of $2.48 billion.</li>
<li>Palo Alto Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) was 0.026% above the flatline as analysts expect it to report quarterly earnings of 77 cents per share on revenue of $2.28 billion, after the closing bell.</li>
<li>Ekso Bionics Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EKSO#NASDAQ">EKSO</a>) dropped 19.34% after announcing a 1-for-15 reverse stock split.</li>
<li>8&#215;8 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) jumped 5% and posted in-line earnings for the fourth quarter on Monday.</li>
<li>DigiAsia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAAS#NASDAQ">FAAS</a>) fell 15.56% after announcing that it will allocate up to 50% of net profits for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) acquisition as part of a new strategic treasury reserve. The company also aims to raise upto $100 million to establish its initial BTC holdings and plans to generate yield through regulated institutional lending and staking.</li>
<li>Lyra Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYRA#NASDAQ">LYRA</a>) dropped 20.21% after announcing a reverse stock split, at 1-for-50, effective from May 27, 2025.</li>
<li>Yalla Group Ltd. ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YALA#NYSE">YALA</a>) slumped 9.08% after the first quarter showed an 8% year-over-year decline in paying users to 11.8 million.</li>
<li>ASP Isotopes Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASPI#NASDAQ">ASPI</a>) zoomed 14.49% after announcing multiple deals with TerraPower involving financial support and future HALEU supply.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.19% to hover around $62.02 per barrel.
Gold Spot US Dollar rose 0.24% to hover around $3,238.07 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.22% at the 100.2010 level.
Asian markets ended higher on Tuesday except South Korea's Kospi and India's S&amp;P BSE Sensex index. Australia's ASX 200, Japan's Nikkei 225, Hong Kong's Hang Seng, and China&#8217;s CSI 300 indices advanced. European markets were higher in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45510990/federal-reserve-should-do-nothing-at-all-about-the-rising-yields-says-craig-shapiro-let-the-bond-vigilantes-eat">Federal Reserve Should Do &#8216;Nothing At All&#8217; About The Rising Yields, Says Craig Shapiro: &#8216;Let The Bond Vigilantes Eat&#8217; </a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

Equities

Market Summary

News

Futures

Economics

Pre-Market Outlook

Markets

Analyst Ratings

$BTC

ASPI

EGHT

EKSO

FAAS

LYRA

NVAX

PANW

YALA

US Stocks Likely To Open Lower After S&P 500's Six-Day Streak: 'Quick Recoveries Tend To See Stocks Rally More Over The Next 3-12 Months,' Says Expert

H World Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTHT#NASDAQ">HTHT</a>) .

Guidance

HTHT

H World Group sees Q2 2025 revenue growth to be in the range of 1%-5% YoY

H World Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTHT#NASDAQ">HTHT</a>) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.42 by 19.05 percent. This is unchanged from the same period last year. The company reported quarterly sales of $744.00 million which missed the analyst consensus estimate of $754.09 million by 1.34 percent. This is a 1.78 percent increase over sales of $731.00 million the same period last year.

Earnings Misses

H World Group Q1 Adj. EPS $0.34 Misses $0.42 Estimate, Sales $744.00M Miss $754.09M Estimate

Turkcell Subsidiary TDC Secures EUR100 Million Murabaha Financing From Emirates NBD To Boost Data Center Investments And Digital Growth

NexGen Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/NXE#TSX">NXE</a>) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.05) by 80 percent. This is a 50 percent decrease over losses of $(0.06) per share from the same period last year.

TSX:NXE

NexGen Energy Q1 EPS $(0.09) Misses $(0.05) Estimate

MCHP

Microchip Launches PolarFire Core FPGAs And SoCs Offering Up To 30% Cost Savings By Removing Integrated Transceivers

CRSR

Corsair Says It Showcased Powerful New Product Line At Computex Compatible With Latest NVIDIA And AMD GPUs Highlighting Market Share Gains And Ecosystem Growth

Financial Results&nbsp;
<ul>
<li>The Company reported total revenue of $739,000 for the first quarter of 2025, a decrease of $389,000, or 34.5%, from revenue of $1,128,000 in the first quarter of 2024. The decrease in revenue was due to the following factors: a.)&nbsp;&nbsp;&nbsp; Revenues from Delivered events – Virtual and Hybrid events business segment decreased by $368,000, mainly due to an event series with the Company's largest customer that took place in the first quarter of 2024 and repeats every other year. b.)&nbsp;&nbsp;&nbsp; Revenue from Delivered events – Physical events business segment decreased by $21,000, mainly due to two customer events from the first quarter of 2024 that did not repeat in the first quarter of 2025.</li>
<li>Cost of revenue in the first quarter of 2025 decreased by $97,000, or 34.3%, over the same period last year, to $186,000, reflecting the lower direct costs associated with the lower corresponding revenue. &nbsp;</li>
<li>Gross profit margin for the first quarter of 2025 was nearly unchanged at 74.8% compared to 74.9% in first quarter of 2024. &nbsp;</li>
<li>Selling, general and administrative expenses increased by $3,960,000, or 328.4%, to $5,166,000, mainly due to the recognition of stock compensation expense of $3,512,000 in connection with the vesting of employee stock options from the IPO, marketing expenses from brand and performance-related expenditure, and increased payroll expenses. &nbsp;</li>
<li>Interest expense was $69,000 in the first quarter of 2025 compared to $26,000 in the first quarter of 2024. &nbsp;</li>
<li>Net loss for the first quarter of 2025 was $4,836,000, or $(.18) per share, compared to a net loss of $405,000, or $(.02) per share, in the first quarter of 2024. The increase in net loss was due primarily to the rise in&nbsp;SG&amp;A expenses in the first quarter of 2025 compared to the first quarter of 2024. &nbsp;</li>
<li>Non-GAAP loss for the first quarter of 2025, which excludes stock-based compensation expense, was $1,324,000, or ($.05) per share, compared to a non-GAAP loss of $405,000, or ($.02) per share, in the first quarter of the previous year. &nbsp;</li>
<li>Weighted average number of common shares outstanding was 27,058,113 for the first quarter of 2025 and 25,000,000 for the first quarter of 2024.</li>
</ul>

XHLD

TEN Holdings Reported Q1 Revenue Of $739K, Down By 34.5% YoY, Adj EPS Loss Of $(0.05)

HITI

High Tide To Open Two New Canna Cabana Stores In Brantford And Calgary Bringing Total To 199 Locations Across Canada

Formula 1 And Disney Announce 2026 Global Collaboration Featuring Mickey And Friends In Experiences Content And Merchandise

Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) affirms FY2025 GAAP EPS guidance from $14.46 to $14.46 vs $14.83 analyst estimate..

Home Depot Affirms FY2025 GAAP EPS Guidance of $14.46 vs $14.83 Est

Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) lowers FY2025 Adj EPS guidance from $14.94 to $14.94 vs $14.99 analyst estimate. sees sales of $163.980 billion vs $164.17 billion analyst estimate.

Home Depot Lowers FY2025 Adj EPS Guidance of $14.94 vs $14.99 Est; Sees Sales $163.980B vs $164.17B Est

In a wide-ranging interview at Computex 2025, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang asserted that Chinese artificial intelligence researchers are &#8220;world-class&#8221; while criticizing U.S. chip export controls as counterproductive to America&#8217;s technological leadership.
What Happened: Speaking with Ben Thompson after his Computex keynote in Taiwan, Huang strongly criticized U.S. export restrictions that banned Nvidia&#8217;s H20 chip sales to China, calling them &#8220;exactly wrong for America.&#8221; He revealed that Nvidia wrote off $5.5 billion in inventory and walked away from approximately $15 billion in sales due to these restrictions.
&#8220;China&#8217;s doing fantastic, 50% of the world&#8217;s AI researchers are Chinese and you&#8217;re not going to hold them back,&#8221; Huang said. &#8220;These are not Chinese AI researchers, they&#8217;re world-class AI researchers. You walk up and down the aisles of Anthropic or OpenAI or DeepMind, there&#8217;s a whole bunch of AI researchers there, and they&#8217;re from China.&#8221;
Huang warned that preventing American companies from competing in China, where &#8220;50% of the developers are,&#8221; makes &#8220;absolutely no sense from a computing infrastructure perspective.&#8221; He advocated for allowing American companies to compete in China to &#8220;offset the trade deficit, generate tax income for the American people, build, hire jobs, create more jobs.&#8221;
See Also: <a href="https://www.benzinga.com/25/05/45512822/nike-announces-layoffs-in-tech-division-shifts-focus-to-third-party-vendors">Nike Lays Off Tech Workers, Shifts Focus To Outsourcing Amid Sales Slump</a>
Why It Matters: Huang&#8217;s comments come amid intensifying U.S.-China tensions over technology exports, particularly AI chips. Nvidia recently faced additional export <a href="https://www.benzinga.com/markets/equities/25/05/45127580/nvidia-ceo-jensen-huang-sounds-alarm-as-50-of-ai-researchers-are-chinese-urges-america-to-reskill-amid-infinite-game">restrictions affecting its H20 processor </a>sales to China, resulting in substantial financial losses. Huang previously told CNBC that China could become a $50 billion AI market within the next few years, representing a <a href="https://www.benzinga.com/markets/25/05/45243129/nvidia-ceo-jensen-huang-says-losing-access-to-chinas-potential-50-billion-ai-market-would-be-a-tremendous-loss">&#8220;tremendous loss&#8221; for American companies</a> if they cannot participate.
The Nvidia CEO also emphasized the economic potential of AI, predicting that AI and robotics will likely expand global GDP by addressing labor shortages. He suggested that businesses would readily pay &#8220;$100,000 a year&#8221; for AI assistants to amplify human productivity, especially in sectors struggling with staffing.
Read Next:
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<li><a href="https://www.benzinga.com/news/25/05/45512795/gop-megadonor-ken-griffin-donates-15-million-lends-rare-us-constitution-and-bill-of-rights-ahead-of-americas-250th-anniversary">GOP Megadonor Ken Griffin Donates $15 Million, Lends Rare US Constitution And Bill Of Rights Ahead Of America&#8217;s 250th Anniversary</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

NVDA

Nvidia CEO Jensen Huang Slams US Chip Export Curbs As 'Exactly Wrong For America,' Praises Chinese AI Researchers As 'World-Class'

Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) Q2 expected to be below $0.02 vs $0.01 Est. sees Q2 sales of $1.153 billion-$1.173 billion vs $1.16 billion analyst estimate.

Amer Sports Q2  expected to be below $0.02 vs $0.01 Est; Sees Q2 Sales $1.153B-$1.173B vs $1.16B Est

Upon the effectiveness of the reverse stock split, the number of shares of the Company's outstanding common stock will decrease from approximately 35,289,695 pre-split shares to approximately 2,352,646 post-split shares, with no change in par value per share.

Ekso Bionics Announces 1-for-15 Reverse Stock Split To Regain Nasdaq Compliance, Effective May 27

<a href="https://www.globenewswire.com/Tracker?data=29nQyEDBCO2OhRYfgbKf09fhQ-C0yQphVw6u7f1G23qPkGem4us80jX58QZgu_TJIvZi6yxErQYfc7p990GiJA==">Aclarion, Inc</a>., ("Aclarion" or the "Company") (NASDAQ:<a href="https://www.benzinga.com/stock/ACON#NASDAQ">ACON</a>, ACONW)), a healthcare technology company that is leveraging biomarkers and proprietary augmented intelligence (AI) algorithms to help physicians identify the location of chronic low back pain, today announced the addition of Keck Medical Center of USC as a CLARITY (Chronic&nbsp;Low bAck pain Randomized Independent Trial studY) trial site. The pivotal CLARITY study is designed to demonstrate Nociscan's clinical and economic value in spine surgery.
"Keck Medicine of USC strives to offer patients access to new treatments and procedures, and tailored treatment options for all types of spine conditions – from simple to complex," says Patrick Hsieh, MD, neurological spine surgeon with Keck Medicine of USC. "The USC Spine Center's participation in the CLARITY trial demonstrates our commitment to deepening our understanding of spinal conditions to best serve patients' specific care needs."
Keck Medicine of USC is the latest CLARITY trial site, joining Johns Hopkins Medicine, Northwestern Medicine, Advocate Aurora Research Institute and Texas Back Institute. The principal investigator for the trial is Dr. Nicholas Theodore of Johns Hopkins Medicine.
The CLARITY trial is a prospective, randomized multi-center study evaluating patients who are scheduled to undergo surgical treatment of 1- or 2- level discogenic low back pain. The study will enroll 300 patients at multiple high-volume sites across the US and all patients will receive a Nociscan prior to surgery. The study will be randomized at a 1:1 ratio of surgeons blinded-to-Nociscan and unblinded-to-Nociscan to guide the surgical treatment (Fusion / TDR). The primary endpoint is change in back pain as measured on a 100mm VAS Back at 12 months compared to baseline, with several secondary endpoints collected.
 &nbsp;

ACON

Aclarion Adds USC's Keck Medical Center to Spine Pain Study, Joining Johns Hopkins, Northwestern

Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) raises FY2025 GAAP EPS guidance from $0.64-$0.69 to $0.67-$0.72 vs $0.67 analyst estimate. Raises FY2025 sales outlook from $5.86 billion-$5.96 billion to $5.96 billion-$6.06 billion vs $5.94 billion estimate.

Amer Sports Raises FY2025 GAAP EPS Guidance from $0.64-$0.69 to $0.67-$0.72 vs $0.67 Est; Raises FY2025 Sales Guidance from $5.86B-$5.96B to $5.96B-$6.06B vs $5.94B Est

INVA

Innoviva Announces U.S. Launch Of Zevtera, An FDA Approved Advanced Generation Cephalosporin For MRSA SAB Since 2006, To Treat Three Types of Bacterial Infections

Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) reported quarterly earnings of $3.56 per share which missed the analyst consensus estimate of $3.60 by 1.11 percent. This is a 3 percent decrease over earnings of $3.67 per share from the same period last year. The company reported quarterly sales of $39.86 billion which beat the analyst consensus estimate of $39.33 billion by 1.35 percent. This is a 9.44 percent increase over sales of $36.42 billion the same period last year.

Earnings Beats

Home Depot Q1 Adj. EPS $3.56 Misses $3.60 Estimate, Sales $39.86B Beat $39.33B Estimate

Aaron Levie was only 20 years old when he took a shot in the dark by emailing billionaire investor Mark Cuban. What came after was a $350,000 investment that played a huge role in launching cloud storage startup Box, which is now valued at $4.6 billion.
What Happened: In 2005, as a student at the University of Southern California, Levie started developing an online storage platform.
His co-founder, Dylan Smith, invested $20,000 from online poker winnings, and they soon managed to raise $80,000 in seed funding to officially incorporate Box. But Levie did not stop there. He sent cold emails to several potential backers, one of them being Mark Cuban.
"If you were [even] remotely an investor in 2005, you got an email from me," Levie <a href="https://www.cnbc.com/2025/05/19/box-co-founder-cold-email-to-mark-cuban-landed-startup-investment.html">told</a> CNBC Make It. His pitch focused on the rising demand for faster, cheaper online data storage as users shifted between multiple devices. Cuban responded within hours and committed $350,000, without even meeting the team.
"That was wild, because it happened so fast," Levie said, labelling it their "breakthrough investment."
See Also: <a href="https://www.benzinga.com/25/05/45512311/house-gop-retreats-on-retirement-cuts-after-backlash-grandfather-protections-restored-fers-changes-pushed-to-2028-in-latest-version-of-reconciliation-bill">House GOP Retreats On Retirement Cuts After Backlash: Protections Restored, FERS Changes Pushed To 2028 In Latest Version Of Reconciliation Bill</a>
Why It Matters: While Cuban's support boosted the team's confidence to drop out of school and put in all their time into the company, their relationship ruptured when Box adopted a freemium model, which Cuban disagreed with. In 2006, after obtaining $1.5 million in new funding, Levie bought out Cuban's stake.
Box went public in 2014 with a valuation of $1.7 billion, but Cuban stood by his exit, expressing concerns about the company's financial difficulties. The company has since weathered the storm, raking in $129 million in profit for 2024.
Levie says Cuban's early reply was a defining moment. "It's very surreal when you see the name of somebody that you hold in high esteem in your inbox," he said.
To young founders, he says: "Email everybody." "Most of the time they're not gonna respond. But… you'll catch the one that does."
His advice mirrors what Apple co-founder <a href="https://www.benzinga.com/media/25/04/44663067/steve-jobs-believed-help-is-always-available-if-youre-brave-enough-to-reach-out-most-people-dont-get-what-they-want-because-they-never-ask">Steve Jobs said in a 1994 interview</a>, where he recommended reaching out to people and asking for help in order to fulfill one's goals.
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Photo courtesy: Shutterstock

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Mark Cuban Took A Chance On A 20-Year-Old's Cold Email: That $350 Thousand Bet Helped Launch A $4.6 Billion Tech Giant

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