最新ニュース Luckin Coffee (OTC:LKNCY) 株価情報

Luckin Coffee Inc is a China based company engaged in operation of coffee stores. It sources its Arabica coffee beans from various suppliers and engage World Barista Champion teams to design its coffee recipes. The company also has partnered with suppliers for other products such as juices and light meals.

LUCKIN COFFEE INC SP/ADR by Luckin Coffee Inc.

Luckin Coffee Inc

A pseudonymous crypto investor shared their success story of using a dollar-cost averaging strategy to buy $30 of BItcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) a day over seven years and hitting a portfolio size of <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39573649/hothead-investor-shares-7-month-update-on-maxing-out-8-credit-cards-to-buy-bitcoin">$1 million in the process.</a>
What Happened: The investor, who began their Bitcoin buying strategy at the age of 22, has diligently purchased $30 worth of Bitcoin every twelve hours for nearly eight years. 
This disciplined approach has resulted in a portfolio valued at over $1 million , a life-changing sum for the investor who came from a family struggling with debt.
&#8220;I sacrificed going out with my friends to allocate to this belief. I stayed home. I didn&#8217;t buy a new car. I didn&#8217;t buy fancy things. I kept it minimal,&#8221; &#8216;Rego&#8217; shared in a <a href="https://x.com/regothetrader/status/1855234677491073122">post</a> on X, highlighting the personal sacrifices made to maintain the investment strategy.
The investor&#8217;s strategy went against conventional wisdom: &#8220;Throughout this entire time, I was told my buys were inefficient, my strategy was not effective, and that I would eventually sell at a loss.&#8221; 
However, their conviction in Bitcoin&#8217;s potential proved stronger than the doubts of others.
Also Read: <a href="https://www.benzinga.com/top-stories/24/11/42168169/bitcoin-below-100000-veteran-trader-shares-profit-taking-strategy">Bitcoin Below $100,000 — Veteran Trader Shares Profit-Taking Strategy</a>
Why It Matters: Rego's success story demonstrates the power of consistent investing and conviction. &#8220;Bitcoin is not a risk; it's a matter of understanding. The more you learn, the more obvious its potential becomes,&#8221; Rego said.
Over the past seven years, Bitcoin has achieved an impressive 8,048% gain, with 155% of this growth occurring in the last year alone.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My daily DCA strategy hits the 1,000,000$ club in 7 years, 10 months, and 12 days. I didn&#39;t think it would happen so soon after this update, but alas, here we are. <a href="https://t.co/OWNYD92uw5">pic.twitter.com/OWNYD92uw5</a>
&mdash; rego • (@regothetrader) <a href="https://twitter.com/regothetrader/status/1856487183126782447?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In total, Rego invested $10,920 per year, highlighting the difficulty of staying true to the investment thesis through events like the <a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35445270/the-true-cost-of-the-ftx-collapse-how-much-did-sam-bankman-fried-really-make">collapse of FTX. </a>
Read Next: &nbsp;&nbsp;
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<li><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></li>
</ul>
Image: Shutterstock

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

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$BTC

Bitcoin Investor Turns Daily $30 Purchases Into $1 Million Portfolio In 7 Years, 10 Months And 12 Days

Take-Two Interactive's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NYSE">TTWO</a>) short percent of float has risen 4.49% since its last report. The company recently reported that it has 7.24 million shares sold short, which is 4.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.71 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Take-Two Interactive Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732555821_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Take-Two Interactive has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Take-Two Interactive's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Take-Two Interactive's peer group average for short interest as a percentage of float is 2.94%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

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TTWO

How Is The Market Feeling About Take-Two Interactive?

Global Payments's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>) short percent of float has fallen 5.34% since its last report. The company recently reported that it has 6.29 million shares sold short, which is 2.48% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.84 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Global Payments Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732555816_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Global Payments has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Global Payments's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Global Payments's peer group average for short interest as a percentage of float is 5.08%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Global Payments's Recent Short Interest

Mattel's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NYSE">MAT</a>) short percent of float has risen 15.52% since its last report. The company recently reported that it has 13.97 million shares sold short, which is 6.55% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.32 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Mattel Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732555810_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Mattel has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Mattel's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Mattel's peer group average for short interest as a percentage of float is 7.63%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(MAT) - Analyzing Mattel's Short Interest

Wedbush analyst David Nierengarten maintains Scholar Rock Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) with a Outperform and raises the price target from $40 to $47.

Price Target

Analyst Ratings

SRRK

Wedbush Maintains Outperform on Scholar Rock Holding, Raises Price Target to $47

Live On CNBC, Steve Weiss Announces Bought More Bitcoin

RBC Capital analyst Leonid Timashev maintains Biohaven (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHVN#NYSE">BHVN</a>) with a Outperform and lowers the price target from $66 to $58.

BHVN

RBC Capital Maintains Outperform on Biohaven, Lowers Price Target to $58

Nano Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) shares are trading lower on Monday after the company announced a $60 million private placement with three<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42163610/nano-nuclear-energy-announces-60-million-private-placement-with-three-accredited-institutional-inv" rel="noreferrer noopener"> accredited institutional investors</a>.
As part of the private placement, NANO Nuclear will issue 2.50 million shares of common stock and five-year warrants covering an additional 2.50 million shares, providing 100% warrant coverage.
Investors will pay $24.00 per share and associated warrant, with the warrants exercisable at $26.00 per share.
The financing boosts NANO Nuclear&#8217;s cash reserves to over $120 million, enabling the company to advance its microreactor technology, support auxiliary businesses, pursue strategic acquisitions, and drive growth toward initial revenue generation.
NANO Nuclear executed a definitive securities purchase agreement on November 24, with the private placement expected to close on November 27, pending customary conditions.
The Benchmark Company, LLC serves as the sole placement agent for the transaction.
NANO Nuclear has committed to file a registration statement with the SEC by January 15, 2025, to cover the resale of both the common stock shares and the shares underlying the warrants issued in the private placement.
Last week, Nano Nuclear Energy announced that John Vonglis, former CFO of the U.S. Department of Energy, has taken an active corporate role at NANO Nuclear as executive<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/11/42118886/nano-nuclear-energy-shares-are-on-the-rise-today-whats-going-on" rel="noreferrer noopener"> director of Global Government Affairs</a>.
His responsibilities include managing relationships with government agencies and aligning the company&#8217;s nuclear energy projects with public funding opportunities and policy initiatives.
Price Action: NNE shares are down 23.4% at $25.75 at the last check Monday.
Read Next:
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<li><a href="https://www.benzinga.com/top-stories/24/11/41915547/trumps-fossil-fuel-push-may-satisfy-ais-soaring-energy-demand-but-what-about-nuclear" target="_blank" rel="noreferrer noopener">Trump&#8217;s Fossil Fuel Push May Satisfy AI&#8217;s Soaring Energy Demand — But What About Nuclear?</a></li>
</ul>
Image via Pixabay.

Equities

Small Cap

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Nano Nuclear Stock Plunges After $60 Million Private Placement Offering: Details

TotalEnergies SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) shares are trading lower on Monday. The company stated that it has learned of U.S. authorities indicting certain executives of Adani Group&#8216;s Indian renewable energy segment. 
The indictment does not target Adani Green Energy Ltd. (AGEL) or its related entities. TotalEnergies is not implicated in the allegations, either. 
TotalEnergies owns a 19.75% stake in AGEL and is a 50% joint-venture partner in AGEL projects established between 2020 and 2024.
Pending clarification of the accusations and their implications, TotalEnergies will halt new financial contributions to Adani group investments.
TotalEnergies states its investments in AGEL, made in compliance with laws and due diligence processes, were based on representations from the sellers, with no prior knowledge of any investigations.
Apart from this, TotalEnergies is partnering with Air Liquide to produce renewable hydrogen at its La Mède biorefinery in southeast France, supporting its <a target="_blank" href="https://totalenergies.com/news/press-releases/hydrogen-totalenergies-accelerates-decarbonization-its-platform-la-mede" rel="noreferrer noopener">2030 </a>goal to decarbonize hydrogen use in European refineries.
This initiative complements the Masshylia green hydrogen project, developed with ENGIE. Together, these projects aim to cut La Mède&#8217;s annual CO2 emissions by 130,000 tons.
Apart from this, TotalEnergies and ENGIE are advancing the Masshylia project to <a target="_blank" href="https://totalenergies.com/news/press-releases/hydrogen-totalenergies-accelerates-decarbonization-its-platform-la-mede" rel="noreferrer noopener">produce </a>10,000 tons of green hydrogen annually through water electrolysis.
This will help decarbonize the La Mède biorefinery and serve local customers in the Fos-Berre industrial-port zone. The first 20 MW electrolyzer is targeted for startup in 2029, pending European and French subsidies and public authorizations.
Last week, the company inked a Cooperation Agreement with Oil India Limited (OIL) to use TotalEnergies' AUSEA technology for methane emissions detection and <a target="_blank" href="https://www.benzinga.com/news/contracts/24/11/42068616/totalenergies-expands-decarbonization-efforts-through-partnership-with-oil-india-limited" rel="noreferrer noopener">measurement at OIL sites in India</a>.
Investors can gain exposure to the stock via&nbsp;First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIPX#NYSE">EIPX</a>) and&nbsp;Octane All-Cap Value Energy ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCTA#NASDAQ">OCTA</a>).
Price Action: TotalEnergies shares are down 1.42% at $58.81 at the last check Monday.
Read Next:
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<li><a href="https://www.benzinga.com//node/42164661" target="_blank" rel="noreferrer noopener">EQT Secures $3.5 Billion Boost: Blackstone JV To Power Midstream Expansion</a></li>
</ul>

Large Cap

Contracts

First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF

EIPX

OCTA

TotalEnergies Suspends Financial Ties With Adani Group Amid US Investigation

WIIM

CVS Health shares are trading higher after Cowen maintained its Buy rating and raised its price target from $73 to $80. Piper Sandler also maintained its Overweight rating, but lowered its price target from $72 to $64.

TD Cowen maintains MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with a Buy and raises the price target from $392 to $525.

MSTR

TD Cowen Maintains Buy on MicroStrategy, Raises Price Target to $525

Jones Lang LaSalle shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $353 price target.

When Andy Williams released the song "It's the Most Wonderful Time of the Year" on his first 1963 Christmas album, the S&amp;P 500 was singing a bullish tune of its own. The index had just hit a record high of 74 points, shaking off the scars of<a href="https://www.benzinga.com/markets"> the 1962 bear market. </a>
Fast-forward 61 years, and history looks ready to rhyme: the U.S. stock market is again trading at all-time highs as the holiday season ushers in what has historically been a joyful period for investors.
If history is any guide, the next five weeks could be a strong, if not the best, time of the year for U.S. equities.
<h1 class="wp-block-heading">December: A Tradition Of Holiday Cheer On Wall Street</h1>
Since 1928, the S&amp;P 500 index — as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) — has averaged a 1.25% gain during the month, making it the second-best performer of the year, behind only July.
But here's the kicker: when you include the final week of November, the stock market truly enters its most wonderful time of the year for investors. 
&#8220;I think that U.S. equities will rally starting next week into the end of the year, with the S&amp;P 500 hitting 6,200,&#8221; Goldman Sachs analyst Scott Rubner said last Friday. 
&#8220;We are entering the best seasonal period of the year for U.S. equities,&#8221; he added. 
Both the S&amp;P 500 and the Dow Jones Industrial Average surged to record highs on Monday, driven by investor optimism following reports of a cease-fire agreement between Israel and Lebanon that eased geopolitical concerns<a href="https://www.benzinga.com/24/11/42166676/israel-reaches-groundbreaking-ceasefire-deal-with-lebanon-gold-oil-tumble-sp-500-dow-jointly-hit-record-highs"> in the Middle East.</a>
<h3 class="wp-block-heading">The Thanksgiving Week&#8217;s Effect</h3>
Thanksgiving week itself has a solid track record of lifting the S&amp;P 500. 
According to Stephen Suttmeier, a Bank of America analyst and market technician, the index has risen 60% of the time during Thanksgiving week since 1928, delivering an average return of 0.28%, or 0.46% median.
In a note shared to clients on Monday, Suttmeier highlighted that in the period from Thanksgiving through the end of the year, the S&amp;P 500 has climbed 71% of the time, with an average return of 1.46%, or 1.70% median.
&#8220;Thanksgiving into year-end SPX seasonality is strong for all years and in Presidential election years,&#8221; Suttmeier wrote.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Indicator</th>
<th>Thanksgiving week</th>
<th>Thanksgiving through Dec. 31</th>
<th>Thanksgiving week (Presidential election years)</th>
<th>Thanksgiving through Dec. 31 (Presidential election years)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Average</td>
<td>0.28%</td>
<td>1.46%</td>
<td>0.88%</td>
<td>1.38%</td>
</tr>
<tr>
<td>Median</td>
<td>0.46%</td>
<td>1.70%</td>
<td>1.08%</td>
<td>1.6%</td>
</tr>
<tr>
<td>% Time positive</td>
<td>60.42%</td>
<td>70.83%</td>
<td>75%</td>
<td>75%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Bank of America</figcaption></figure>
<h1 class="wp-block-heading">Election Years Also Show Solid Year-End S&amp;P 500 Returns</h1>
Since 1928, the S&amp;P 500 has posted gains in 75% of election-year Thanksgiving weeks, with an average return of 0.88% or 1.08% median. 
The post-Thanksgiving to year-end period has also delivered the goods, with the index rising 75% of the time, delivering an average return of 1.38%, or 1.6% median.
As investors dig into their turkey this Thanksgiving, they might also consider digging into some U.S. equities. 
After all, history suggests that the combination of optimism, holiday spending and year-end portfolio adjustments could be the season of giving — at least on Wall Street.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42165391/vanguards-sp-500-etf-hits-100-billion-inflows-in-2024-is-spys-crown-at-risk">Vanguard&#8217;s S&amp;P 500 ETF Hits $100 Billion Inflows In 2024: Is SPY&#8217;s Crown At Risk?</a></li>
</ul>
Photo: Unsplash

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Broad U.S. Equity ETFs

Global

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ETFs

'It's The Most Wonderful Time Of The Year' For The Stock Market, History Says

Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) shares are moving higher after the company completed a $100 million at-the-market <a href="https://www.benzinga.com//node/42162628">equity offering</a>.
The Details: The funds generated from this offering will be used for working capital, capital expenditures and general corporate purposes. This includes focusing on strengthening its leadership in superconducting quantum computing, improving the fidelity of its quantum operations and developing systems with higher qubit counts for enhanced computational power.
&#8220;We are pleased to see the enthusiasm for the quantum computing sector and our company. We are seeing a great deal of interest from national labs and academic institutions for on-premises quantum computers to pursue hands-on R&amp;D. As the technology continues to improve and more quantum applications are developed we expect to see increasingly more interest from industry and the private sector,&#8221; says Dr. Subodh Kulkarni, Rigetti CEO.
How To Buy Rigetti Shares
By now you're likely curious about how to participate in the market for Rigetti Computing &#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 ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
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 ‘go short' 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.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42152684/musk-tweet-sparks-dogecoin-surge-fuels-speculation-on-x-payments">Musk Tweet Sparks Dogecoin Surge, Fuels Speculation On X Payments</a>
RGTI Price Action: At the time of writing, Rigetti shares are trading 62.6% higher at $2.83, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Image via Pixabay

RGTI

What's Going On With Rigetti Computing Shares?

TWLO

Live On CNBC; Joe Terranova Buys More Twilio

Matt Gaetz is now selling personalized videos for followers and fans after stepping down from Congress and withdrawing his name from consideration as the country's<a href="https://www.benzinga.com/24/11/42119848/matt-gaetz-withdraws-name-from-ag-nomination-calls-sex-trafficking-controversy-a-distraction"> next Attorney General.</a>
What Happened: As a member of Congress, Matt Gaetz had an annual salary of $174,000. The Florida Republican was in line for a pay raise as Donald Trump's first pick to be<a href="https://www.benzinga.com/news/legal/24/11/41956594/matt-gaetz-is-trumps-attorney-general-pick-would-be-top-cop-is-under-house-ethics-investigation"> the next attorney general</a>, a position that pays $221,400 annually, but he withdrew his name due to concerns he would not win a congressional vote.
As Gaetz contemplates <a href="https://www.benzinga.com/news/legal/24/11/42078192/trumps-attorney-general-pick-matt-gaetz-resigned-from-congress-ethics-committee-to-decide-if-report-will-be-released">his next move</a>, which could include running for Governor of Florida, he is now collecting hundreds of dollars from fans and followers by making personalized videos on the Cameo <a href="https://www.cameo.com/mattgaetz?utm_source=talent_copy_url&amp;utm_medium=talent_unknown&amp;utm_content=talent_settings_share_link&amp;utm_campaign=profile_share&amp;%24web_only=true&amp;_branch_match_id=1055826855495802779&amp;_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL9NLTsxNzddLzs%2FVT9XPcPd2LvZPjfLyT7KvK0pNSy0qysxLj08qyi8vTi2ydc4oys9NBQAbUYqDOwAAAA%3D%3D">platform</a>.
Following <a href="https://www.benzinga.com/general/politics/23/12/36083226/george-santos-got-a-new-job-and-you-can-buy-his-video-for-a-price">a move made famous</a> by former Congressman George Santos, Gaetz has made his services available on Cameo where he offers personalized video messages for birthdays, anniversaries, holidays, pep talks, roasts and as gifts to others.
"You'll have the chance to customize your request for Matt Gaetz, like asking them to mention inside jokes, share words of wisdom, or work in their signature catchphrases. Don't be afraid to get creative with your request, especially for celebrations like weddings, retirements, or bachelor and bachelorette parties that call for a good laugh," the description on Cameo reads.
Gaetz is currently charging $500 for the Cameos with an average length of 1 minute and 27 seconds per video. Gaetz has a 5-star rating from 12 reviews, and videos are delivered within 24 hours of payment.
For comparison, Santos initially priced his Cameos at $75, later increasing the fee to $200 before ultimately raising it to $500.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent112524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: Many close to President-elect Trump had high hopes for Gaetz potentially serving as attorney general.
Tesla CEO and co-lead of the newly announced Department of Government Efficiency Elon Musk had high praise for the former Congressman.
"Matt Gaetz has three critical assets that are needed for the AG role: a big brain, a spine of steel and an axe to grind. He is the Judge Dredd America needs to clean up a corrupt system and put powerful bad actors in prison. Gaetz will be our Hammer of Justice," Musk previously <a href="https://x.com/elonmusk/status/1858766986508927479">tweeted</a>.
Some on social media were quick to call out Musk being wrong on Gaetz as he is now unemployed and not the hammer of justice Trump and the Tesla CEO may have hoped for.
Several videos shared publicly by Cameo users feature Gaetz discussing his past consideration as an attorney general hopeful.
"And so I can't – like – order Predator strikes on my enemies, as much as I would like to. For now. But I can order you to have as much fun as possible," Gaetz said in one video, later clarifying that an attorney general can't order strikes on their enemies, as <a href="https://nypost.com/2024/11/24/us-news/matt-gaetz-takes-page-from-george-santos-fires-up-cameo-and-heres-what-hes-charging/">reported </a>by the New York Post.
Another Cameo video sees Gaetz telling a fan "I know you were bummed out when the news broke that I wouldn't be the next Attorney General."
While Republicans won a majority in Congress in the 2024 election, several GOP members appeared hesitant to support Gaetz for the position of attorney general.
Gaetz previously faced a Justice Department inquiry about alleged sex trafficking, drug activities and sex with minors. The House Ethics Committee was investigating Gaetz over similar activities, but after the Congressman resigned they no longer had any power over him.
Cameo videos could serve as a short-term stopgap for Gaetz as he contemplates his next move. They could also serve as an income source for the newly unemployed politician. Santos <a href="https://www.benzinga.com/general/politics/23/12/36227088/george-santos-makes-more-money-with-cameo-than-congressional-salary-demands-20k-from-jimmy-kimme">previously said </a>he made more in his first seven days doing Cameo videos than his annual $174,000 Congressional salary.
"I'm still going to be in the fight, but it's going to be from a new perch," Gaetz recently said, stating he would not return to Congress after withdrawing his name for attorney general.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/politics/24/11/42077496/donald-trumps-personnel-picks-new-poll-finds-elon-musk-with-highest-approval-by-voters-matt-gaetz-with-highest-disapproval">Donald Trump&#8217;s Personnel Picks: New Poll Finds Elon Musk With Highest Approval By Voters, Matt Gaetz With Highest Disapproval</a></li>
</ul>
Photo: Aaron of L.A. Photography/Shutterstock.com

Politics

Elon Musk Said Matt Gaetz Would Be 'Hammer Of Justice' As Attorney General: Former Congressman Now Unemployed, Sells Cameos For $500

Deere and Company shares are trading higher after Morgan Stanley maintained its Overweight rating and raised its prices target from $401 to $450 on the stock.

Instagram recently suspended the account of Service Disabled Veterans in Cannabis, a group advocating for <a href="https://www.benzinga.com/topic/military-veterans">military veterans</a> in the cannabis industry, according to co-founder Osbert Orduna. As New York Post <a href="https://nypost.com/2024/11/24/us-news/pro-marijuana-veterans-group-claims-it-was-suspended-from-instagram-in-act-of-censorship/">reported</a>, the suspension occurred on November 21, 2024, without prior notice or explanation, despite the group&#8217;s adherence to Instagram's terms of service and community guidelines.
The group's name, which includes the word "cannabis," and its logo, featuring a marijuana leaf, are suspected by Orduna to have triggered the suspension. However, <a href="https://www.benzinga.com/topic/instagram">Instagram</a> has not provided clarity. "We have diligently adhered to Instagram's terms of service and community guidelines, and we believe this suspension to be unjustified," Orduna said in a statement to The NY Post. The Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) platform informed the group they have 180 days to appeal the decision, stating, "If we find your account does follow our community standards, you'll be able to use Instagram again. If not, it will be permanently disabled."
Read Also: <a href="https://www.benzinga.com/general/social-media/24/11/42167296/did-elon-musk-really-use-a-meme-of-pablo-escobar-smoking-weed-to-celebrate-trumps-reelection-what-does-it-even-mean">Did Elon Musk Really Use A Meme Of Pablo Escobar Smoking Weed To Celebrate Trump&#8217;s Election Victory? What Does It Even Mean?</a>
<h3 class="wp-block-heading">Free Speech Debate in Social Media</h3>
The suspension has reignited discussions about censorship on social media, particularly for cannabis-related content. Cannabis advocates argue that platforms like Instagram apply their content moderation policies inconsistently, impacting organizations focused on advocacy and education.
Meanwhile, the group has maintained its presence on X, with Orduna praising the platform's owner, Elon Musk, for a "rational position on cannabis." On X, the group criticized Instagram's actions, stating, "Where are the class action lawyers? Who else is tired of @Meta @instagram censorship of the word ‘CANNABIS'?"
Orduna also expressed frustration over Instagram's handling of the matter, accusing the platform of acting as "judge, jury, and executioner."
<h3 class="wp-block-heading">Broader Implications For Cannabis Industry</h3>
This incident highlights the ongoing struggles faced by cannabis organizations operating within the confines of major tech platforms. Despite <a href="https://www.benzinga.com/markets/cannabis/24/08/40121092/medical-cannabis-patients-increased-sixfold-in-six-years-declined-in-states-where-recreational-u">widespread legalization</a> and growing societal acceptance, cannabis-related groups frequently encounter hurdles due to outdated or overly cautious content policies.
Meta has yet to comment on this specific suspension, leaving industry professionals and advocates to question whether such actions are part of a broader trend of suppressing cannabis-related content or an isolated misstep.
While Meta declined to comment on the issue, the <a href="https://www.benzinga.com/cannabis">cannabis industry</a> continues to grow, and the question remains: Can advocacy groups rely on mainstream social media platforms to amplify their message, or must they seek alternative spaces that accommodate the realities of a legal but still controversial market?
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/general/social-media/24/11/42074616/expert-tips-to-create-effective-cannabis-content-on-instagram-tiktok-and-more-focus-on-the-content-not-the-packaging">Expert Tips To Create Effective Cannabis Content On Instagram, TikTok And More: Focus On Content, Not Packaging</a></li>
</ul>
Cover image made with AI

Cannabis

Psychedelics

Instagram Suspends Pro-Cannabis Veterans Group Without Explanation, Raising Censorship Concerns

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/11/2024-11-25_08h01_16-scaled.jpg" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Bessent Trade</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-shift-away-from-nvidia-bessent-trade-mstr-nvda-mc-11252024">click here</a> for a chart comparing NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>).&nbsp;
Note the following:
<ul>
<li>The chart shows Microstrategy (MSTR) is up over 70% since Trump's re-election.</li>
<li>The chart shows Nvidia (NVDA) on the other hand is down about 2.5% since Trump's re-election.&nbsp;&nbsp;</li>
<li>There is a sharp difference between Nvidia and Microstrategy.
<ul>
<li>Nvidia has developed world changing chips for artificial intelligence.</li>
<li>Microstrategy buys bitcoin and is a leveraged way to play bitcoin. At one time, MSTR market cap rose to over 300% of the value of the bitcoin it owned.&nbsp;&nbsp;</li>
</ul>
</li>
<li>Traders have shifted from NVDA being their favorite stock to MSTR being their favorite stock. &nbsp;</li>
<li>Here is how Microstrategy's business model works:
<ul>
<li>Microstrategy raises money by selling stocks and bonds.&nbsp;&nbsp;</li>
<li>Microstrategy uses the proceeds to buy bitcoin.&nbsp;</li>
<li>Microstrategy highly publicizes its plans to buy bitcoin.&nbsp;</li>
<li>Microstrategy buying runs up bitcoin.&nbsp;</li>
<li>The run up in bitcoin prompts traders to super aggressively buy more MSTR stock.</li>
<li>The super aggressive buying runs up MSTR stock.</li>
<li>Microstrategy takes advantage of the run up in its stock to buy more bitcoin.&nbsp;</li>
<li>Microstrategy continues to repeat the process, and traders continue to buy more MSTR stock, running it up higher.</li>
</ul>
</li>
<li>Nvidia's business model is to continuously innovate and progressively produce more powerful chips and software to advance AI.&nbsp;&nbsp;</li>
<li>72.5% outperformance shown on the chart of MSTR over NVDA is a great indicator for prudent investors of the sentiment in this market.&nbsp;&nbsp;</li>
<li>Investors are buying stocks and cryptos with total abandon.&nbsp; If it was not for the positive seasonality and year end chase, this kind of reckless buying would have resulted in increasing the protection band because extreme positive sentiment is historically a sell signal. &nbsp;However, The Arora Report call remains to buy the dips because the year end chase is likely to trump all other factors.&nbsp; In year end chase, even bearish money managers aggressively buy stocks to keep up with their benchmarks.</li>
<li>Trump has picked Scott Bessent as the next Treasury Secretary.&nbsp; Bessent is a Wall Street insider.&nbsp; Elon Musk had previously tweeted that the selection of Bessent would mean business as usual.&nbsp; Wall Street is celebrating Bessent's selection by starting to shift from the Trump trade to the Bessent trade. &nbsp;In The Arora Report analysis, the Bessent trade and the Trump trade have some common elements, but they also have some opposing elements. &nbsp;Here is a summary of the Bessent trade:
<ul>
<li>Buy stocks, especially financial stocks and highly speculative stocks.</li>
<li>Buy bonds.&nbsp; Yields are falling across the board.&nbsp;</li>
<li>Sell the dollar.&nbsp;&nbsp;</li>
<li>Sell gold and silver.</li>
<li>Sell oil.</li>
<li>Moderating manic buying in cryptos, including bitcoin.&nbsp; There are always crosscurrents.&nbsp; Michael Saylor, CEO of Microstrategy, is indicating that Microstrategy will be buying bitcoin today from the $3B raised from a bond sale. </li>
</ul>
</li>
<li>Consumer confidence data will be released at 10am ET.&nbsp; In The Arora Report analysis, consumer confidence has risen after Trump's re-election.&nbsp; The consensus is 113.&nbsp; Expect the stock market to react positively to the number irrespective of what it comes at because of the extreme positive sentiment.&nbsp; When market sentiment is at an extreme positive, the stock market goes up even on bad news. &nbsp;</li>
<li>FOMC minutes will be released at 2pm ET.&nbsp; In The Arora Report analysis, the minutes are not likely to show any surprise, and as such, the market reaction may be muted.&nbsp;&nbsp;&nbsp;</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are neutral in NVDA.
In the early trade, money flows are positive in 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 Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.&nbsp;
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.&nbsp;
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

Markets

General

AAPL

AMZN

GOOG

MSFT

NVDA

TSLA

Shift From Nvidia To This Stock As The Favorite, Traders Moving From Trump Trade To Bessent Trade

Target shares are trading higher after Oppenheimer reiterated its Outperform rating and maintained its $165 price target on the stock.

Luckin Coffee (LKNCY), China's largest coffee chain, plans to enter the the U.S. market as early as next year and is building out its supply chain ...

Luckin Coffee planning comeback, U.S. launch, FT reports

Coffee buzz: Luckin Coffee plans a small-scale entry into the U.S.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: McDonald's (MCD) reported upbeat Q3 re...

McDonald's, Ford, Pfizer report Q3 earnings beats: Morning Buzz

Here's the major earnings before the open tomorrow

Luckin Coffee reports Q3 results

Luckin Coffee rallies after strong earnings, international expansion update

Luckin Coffee Inc. (LKNCY) Q3 2024 Earnings Call Transcript

Starbucks Latest Results Hint Persistent Struggle In China

Starbucks Q4 FY24: The Road Only Gets Bumpy From Here

Luckin Coffee: Price Wars Could Result In Gross Margin Dilution And Loss Of Market Share; Short Recommendation

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Press Releases

Luckin Coffee to Announce Fourth Quarter and Full Year 2023 Financial Results on February 23, 2024

Earnings

Luckin Coffee Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Luckin Coffee Files Audited Financial Statements for Fiscal Year 2023

Luckin Coffee to Announce First Quarter 2024 Financial Results on April 30, 2024

Luckin Coffee Inc. Announces First Quarter 2024 Financial Results

Management

Luckin Coffee Inc. Announces Change to Board of Directors

Luckin Coffee to Announce Second Quarter 2024 Financial Results on July 30, 2024

Luckin Coffee Inc. Announces Second Quarter 2024 Financial Results

Luckin Coffee to Announce Third Quarter 2024 Financial Results on October 30, 2024

Luckin Coffee Inc. Announces Third Quarter 2024 Financial Results

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