Trip.com Group 株価情報 (NASDAQ: TCOM)

最新ニュース Trip.com Group (NASDAQ:TCOM) 株価情報

TRIP.COM GROUP LTD-ADR

Trip.com Group

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

Trip.com Group Limited - American Depositary Shares

Trip.com Group Ltd

Wolfe Research analyst Ryan Cooke downgrades W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) from Peer Perform to Underperform.

News

Downgrades

Analyst Ratings

Wolfe Research Downgrades W.W. Grainger to Underperform

WIIM

Best Buy shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and cut its price target from $93 to $70.

Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) founder Bill Gates nostalgically looks back on the computer code he wrote 50 years ago, which played a pivotal role in the creation of the tech giant.
What Happened: Gates reminisced about the early days of Microsoft in a blog post. He and his late high school friend, Paul Allen, were inspired by a 1975 article&nbsp;about the Altair 8800, a&nbsp;minicomputer powered by a chip from the then-unknown tech company, Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>). This prompted them to assure Altair&#8217;s manufacturer, Micro Instrumentation and Telemetry Systems, that they had developed software to operate the hardware, even though they had not yet written the code.
After two months of rigorous effort, Gates finished the code that laid the groundwork for Altair&#8217;s first operating system. This code later formed the basis for Microsoft&#8217;s suite of software, including Word, Excel, PowerPoint, and the Windows operating system.
See Also: <a href="https://benzinga.com/trading-ideas/movers/25/04/44614272/nvidia-stock-is-down-nearly-20-ytd-whats-going-on" target="_blank" rel="noreferrer noopener">Nvidia Stock Is Down Nearly 20% YTD: What&#8217;s Going On?</a>
&#8220;That code remains the coolest I&#8217;ve ever written,&#8221; Gates mentioned in his blog post, which also provides an option to download the original program. &#8220;That was the revolution,&#8221; he added in his official YouTube video, &#8220;That&nbsp;was the thing that ushered&nbsp;in personal computing.&#8221;
Why It Matters: As Bill Gates nears his 70th birthday in October, he has been reflecting on his past. His February memoir delves into his early years and his relationship with the late Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) co-founder, Steve Jobs.
Gates&#8217; reflection on the early days of Microsoft comes at a time when the company is thriving more than ever. Despite Gates&#8217; initial fears about Microsoft&#8217;s future when he stepped down as CEO in 2000, the company has charted an impressive course over the years. 
The co-founder <a href="https://benzinga.com/personal-finance/25/03/44548575/bill-gates-says-he-feared-microsoft-would-struggle-without-him-now-its-worth-3-trillion-and-thriving">once expressed </a>a deep concern about Microsoft's future when he stepped down as CEO. He worried the company might lose its famed standard of excellence and that the chance to guide it back might one day be missed. Despite these early misgivings, Microsoft is now worth $3 trillion and continues to thrive.
Microsoft holds a momentum rating of 36.54% and a growth rating of 64.54%, according to&nbsp;<a href="https://www.benzinga.com/quote/MSFT" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/markets/25/04/44624537/jeff-bezos-amazon-to-launch-kuiper-internet-satellites-on-april-9-taking-on-elon-musks-starlink" target="_blank" rel="noreferrer noopener">Jeff Bezos&#8217; Amazon To Launch Kuiper Internet Satellites On April 9, Taking On Elon Musk&#8217;s Starlink</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

Tech

AAPL

INTC

MSFT

NVDA

Bill Gates Shares Original Code That Started It All As Microsoft Celebrates 50 Years: 'That Was The Revolution'

State Street Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) shares are trading lower premarket on Thursday. The company&#8217;s asset management division, State Street Global Advisors, disclosed a<a href="https://www.benzinga.com/pressreleases/25/04/b44623470/state-street-global-advisors-announces-strategic-partnership-and-investment-in-ethic" target="_blank" rel="noreferrer noopener"> strategic equity investment in </a><a href="https://www.benzinga.com/pressreleases/25/04/b44623470/state-street-global-advisors-announces-strategic-partnership-and-investment-in-ethic" target="_blank" rel="noreferrer noopener">Ethic Inc</a>.
In addition to the investment, SSGA and Ethic have formed a strategic partnership to offer tailored investment solutions at scale for SSGA&#8217;s institutional and financial intermediary clients.
The partnership focuses on developing and managing customized separately managed accounts, model portfolios, and unified managed accounts in collaboration with Ethic and SSGA.
It also aims to provide an interactive experience for advisors and clients, including unique proposal generation, portfolio transition plans, and reporting.
Yie-Hsin Hung, chief executive State Street Global Advisors, said, &#8220;Ethic has seen incredible growth in a short period thanks to industry-leading technology and deep expertise that help advisors deliver portfolios that reflect what matters most to clients. Ethic&#8217;s platform has become a standard-bearer for customization, and we&#8217;re excited to help them reach new audiences.&#8221;
Ethic CEO Doug Scott added, &#8220;With this new funding round and strategic partnership, we&#8217;re excited to be accelerating the adoption of personalized, values-aligned, and tax-smart investing.&#8221;
Investors can gain exposure to the stock via&nbsp;Themes Global Systemically Important Banks ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIB#NASDAQ">GSIB</a>) and&nbsp;Invesco KBW Bank ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBWB#NASDAQ">KBWB</a>).
Price Action: STT shares are down 3.78% at $86.20 premarket at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/44602765/ray-dalios-bridgewater-launches-all-weather-etf-bringing-decades-old-investment-strategy-to-the-public" target="_blank" rel="noreferrer noopener">Ray Dalio&#8217;s Bridgewater Launches &#8216;All-Weather&#8217; ETF, Bringing Decades-Old Investment Strategy To The Public</a></li>
</ul>
Photo: Shutterstock/JHVEPhoto

Equities

Large Cap

GSIB

KBWB

State Street's Strategic Investment in Ethic Aims to Revolutionize Personalized Portfolios

Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) will release its first-quarter financial results after the <a href="https://www.benzinga.com/quote/xom/earnings">closing bell on Thursday, April 3</a>.
Analysts expect the Spring, Texas-based company to report quarterly earnings at $1.70 per share, down from $2.06 per share in the year-ago period. Exxon Mobil projects quarterly revenue of $86.09 billion, compared to $83.08 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Wednesday, ExxonMobil disclosed that Karen T. McKee, president of ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation, will retire effective May 1. The company's board named Matt Crocker president, ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation.
Exxon Mobil shares fell 0.3% to close at $118.67 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/xom/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Morgan Stanley analyst Devin McDermott maintained an Overweight rating and slashed the price target from $141 to $138 on March 27, 2025. This analyst has an accuracy rate of 80%.</li>
<li>Wells Fargo analyst Roger Read maintained an Overweight rating and cut the price target from $136 to $135 on Feb. 3, 2025. This analyst has an accuracy rate of 66%.</li>
<li>Truist Securities analyst Neal Dingmann maintained a Hold rating and raised the price target from $117 to $119 on Jan. 13, 2025. This analyst has an accuracy rate of 65%.</li>
<li>Piper Sandler analyst Ryan Todd maintained an Overweight rating and cut the price target from $138 to $127 on Dec. 19, 2024. This analyst has an accuracy rate of 71%.</li>
<li>TD Cowen analyst Jason Gabelman maintained a Buy rating and increased the price target from $127 to $132 on Nov. 19, 2024. This analyst has an accuracy rate of 60%.</li>
</ul>
Considering buying XOM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="559" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03032349/image-29-1024x559.png" alt="" class="wp-image-854671" style="width:544px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03032349/image-29-1024x559.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03032349/image-29-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03032349/image-29-768x420.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03032349/image-29.png 1111w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44604078/wall-streets-most-accurate-analysts-give-their-take-on-3-defensive-stocks-with-over-6-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Defensive Stocks With Over 6% Dividend Yields</a></li>
</ul>
Photo via Shutterstock

Earnings

Trading Ideas

Exxon Mobil Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Billionaire entrepreneur and Cost Plus Drugs co-founder Mark Cuban won't have to raise medicine prices, as Trump&#8217;s new reciprocal tariffs on India exempt the pharmaceutical sector.
What Happened:&nbsp;While appearing on the&nbsp;Somebody's Gotta Win With Tara&nbsp;Palmeri podcast earlier this week, Cuban stated that&nbsp;if the Trump administration imposes&nbsp;tariffs on India, his company would be compelled to raise the prices of its medications. "We won't have a choice,"&nbsp;Cuban stated
Interestingly, U.S. President Donald Trump announced a 26% reciprocal tariff on India. The pharmaceutical industry, however, was exempted from these new levies, as per the fact sheet released by the White House on April 2.
Cost Plus Drugs did not immediately respond to <a href="http://pro.benzinga.com">Benzinga&#8217;s</a> request for comment. 
See Also:&nbsp;<a href="https://benzinga.com/25/04/44584283/trump-sets-up-investment-accelerator-for-chips-act-management-heres-a-list-of-beneficiaries-that-could-be-impacte" target="_blank" rel="noreferrer noopener">Days After Calling The CHIPS Act A &#8216;Horrible Thing&#8217; Donald Trump Sets Up New Entity For &#8216;Negotiating Much Better&#8230;Deals:&#8217; Here&#8217;s More</a>
Cost Plus Drugs, co-founded by Cuban, strives to make pharmaceuticals more accessible through a transparent pricing model, which includes a markup of 15% on drug manufacturing costs and includes a possible pharmacy fee from their suppliers (approximately $5, plus $5 for shipping)
However, Cuban cautioned that imposing tariffs on goods, particularly medicines, imported from India would compel the company to raise its medication prices. He further explained that the company would be unable to absorb the costs of tariffs and broker fees, which would be passed on to consumers &#8220;directly.&#8221;
Why It Matters: India provides nearly half of the generic medicines—affordable alternatives to brand-name drugs—consumed in the U.S., significantly reducing healthcare costs. A study by consulting firm IQVIA revealed that in 2022, the U.S. saved nearly $219 billion due to Indian generic drugs. 
Meanwhile, Cuban&#8217;s concerns over the potential impact of tariffs are not new.&nbsp;The Shark Tank judge advocates &#8216;strategic tariffs&#8217; and highlighted the disproportionate impact of tariffs on<a href="https://www.benzinga.com/25/03/44497301/the-tariff-cost-on-food-clothes-is-a-difficult-tax-for-the-poorest-people-mark-cuban-says-tariffs-must-be-used-the-right-way"> lower-income Americans</a>. He agreed with Commerce Secretary Howard Lutnick&#8216;s view of tariffs as a form of consumption tax but also emphasized the potential economic consequences for the country&#8217;s most vulnerable populations.
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/markets/25/04/44623179/larry-summers-warns-trumps-tariffs-will-deliver-oil-crisis-like-shock-slash-30-trillion-from-economy-as-m" target="_blank" rel="noreferrer noopener">Larry Summers Warns Trump&#8217;s Tariffs Will Deliver &#8216;Oil Crisis-Like Shock,&#8217; Slash $30 Trillion From Economy As Markets Plunge</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump's Reciprocal Tariffs On India Exempt Pharma, Easing Mark Cuban's Price Hike Concerns

As global markets reel from Donald Trump&#8216;s sweeping tariff announcement, speculators who wagered on a chain reaction of trade retaliation may soon cash <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44626421/trumps-reign-of-tariffs-unleashes-d-day-on-wall-street-analyst-warns-of-stagflation-risk">in the big prize.</a>
On Thursday, trading on CFTC-regulated prediction platform Kalshi lit up with activity as speculators priced in a sharp rise in retaliatory tariffs from major U.S. trading partners. 
The market titled "Which countries will impose tariffs on the US before Q3 2025?" saw odds spike across several jurisdictions in the wake of Trump's announcement.
See Also: <a href="https://www.benzinga.com/25/04/44624245/tariffs-to-plug-the-hole-for-income-tax-cuts-to-come-economists-predict-what-more-could-be-expected">Trump Tariffs To &#8216;Plug The Hole&#8217; For Income Tax Cuts To Come: Economists Predict What More Could Be Expected</a>
<h3 class="wp-block-heading">Global Trade War Now Becomes The Base Case</h3>
<ul>
<li>The odds of South Korea enacting retaliatory measures soared to 79%, up 29 percentage points in a single day. </li>
<li>Japan followed with a 33-point jump to 73%</li>
<li>South Africa climbed to 74%, up 16 points.</li>
<li>India saw a more cautious move, with odds now at 35%</li>
<li>Kalshi traders assigned a 96% probability that Brussels will strike back with its own tariffs in the coming months.</li>
</ul>
Only Mexico moved in the opposite direction. Following Trump&#8217;s exemption of North American partners from the new tariff structure, the odds of retaliation from the southern neighbor collapsed to 45%, down 31 percentage points.
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Country</th>
<th>Odds of Tariff Retaliation</th>
<th>Change vs. Day Before</th>
</tr>
</thead>
<tbody>
<tr>
<td>&#x1f1ea;&#x1f1fa; European Union</td>
<td>96%</td>
<td>+12%</td>
</tr>
<tr>
<td>&#x1f1f0;&#x1f1f7; South Korea</td>
<td>79%</td>
<td>+29%</td>
</tr>
<tr>
<td>&#x1f1ef;&#x1f1f5; Japan</td>
<td>73%</td>
<td>+33%</td>
</tr>
<tr>
<td>&#x1f1ff;&#x1f1e6; South Africa</td>
<td>74%</td>
<td>+16%</td>
</tr>
<tr>
<td>&#x1f1ee;&#x1f1f3; India</td>
<td>35%</td>
<td>+9%</td>
</tr>
<tr>
<td>&#x1f1f2;&#x1f1fd; Mexico</td>
<td>45%</td>
<td>-31%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Kalshi</figcaption></figure>
Speaking on Bloomberg TV, U.S. Commerce Secretary Howard Lutnick attempted to downplay the likelihood of backlash, saying the tariffs will be applied broadly and uniformly, and adding that "it will not be effective for countries to retaliate against Trump tariffs."
<iframe loading="lazy" src="https://kalshi.com/external-widget/events-categorical/KXFOREIGNTARIFF-25JUL01?color_scheme=light&#038;widget_size=large&#038;utm_campaign=benzinga_widget" width="488px" height="242px" style="border:0"></iframe>
<h2 class="wp-block-heading">Country ETFs Witness Deep Declines</h2>
Amid the turmoil on Wall Street, U.S.-listed country ETFs took a beating Thursday as investors dumped risk ahead of possible tit-for-tat tariffs,
The VanEck Vietnam ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNM#NYSE">VNM</a>) plunged more than 8% in premarket trading, on track for its worst session since March 2020. The U.S. will apply a 46% tariff rate on Vietnam.
Japan's iShares MSCI Japan Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWJ#NYSE">EWJ</a>) dropped 3%, while the iShares China Large Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) fell 1.8%. The two biggest Asian economies will see their respective tariff rate rising to 24% and 34%, respectively. 
India's iShares MSCI India ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INDA#NYSE">INDA</a>) and South Korea's iShares MSCI South Korea ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWY#NYSE">EWY</a>) declined 1.1% and 1.5% respectively. India and South Korea are poised to face a 25% and 26% increase, respectively, in the cost of exporting goods to the U.S.
The SPDR DJ Euro STOXX 50 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEZ#NYSE">FEZ</a>) dipped 0.9%, while the iShares South Africa Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EZA#NYSE">EZA</a>) fell 4.5%. 
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44624245/tariffs-to-plug-the-hole-for-income-tax-cuts-to-come-economists-predict-what-more-could-be-expected">Trump Tariffs To &#8216;Plug The Hole&#8217; For Income Tax Cuts To Come: Economists Predict What More Could Be Expected</a></li>
</ul>
Image: Shutterstock

INDA

Retaliation Odds Spike After Trump's Heavy Tariffs, Sending Country ETFs Tumbling

Wolfe Research analyst Nigel Coe downgrades Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) from Outperform to Peer Perform.

Wolfe Research Downgrades Parker Hannifin to Peer Perform

Wolfe Research analyst Nigel Coe downgrades Hayward Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAYW#NYSE">HAYW</a>) from Outperform to Peer Perform.

HAYW

Wolfe Research Downgrades Hayward Holdings to Peer Perform

<ul>
<li>TSLA</li>
<li>NVDA</li>
<li>GLD</li>
<li>AAPL</li>
<li>MCD</li>
<li>QQQ</li>
<li>GOOGL</li>
<li>ASIA</li>
<li>AMZN</li>
<li>MAGA</li>
</ul>
<a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

AMZN

ASIA

GOOGL

MAGA

TSLA

Top 10 Trending Stocks On WallStreetBets As Of April 3, 2025 (Via Swaggy Stocks)

Vishay Intertechnology, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSH#NYSE">VSH</a>) shares are trading lower <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">in the premarket session on Thursday.</a>
Yesterday, the firm introduced an innovation with the launch of <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/g44609035/vishay-intertechnology-releases-aec-q100-qualified-rgbir-color-sensor-in-compact-2-67-mm-x-2-45-mm" rel="noreferrer noopener">AEC-Q100 qualified RGBIR color sensor</a>.
The new sensor, named VEML6046X00, is designed for high-accuracy color temperature calculations, enabling precise white point balancing for automotive displays.
This advanced sensor features a sensitive photodiode, a low-noise amplifier, and a 16-bit ADC, all packed into a compact 2.67 mm by 2.45 mm surface-mount package with a slim 0.6 mm profile.
One of the standout features of the VEML6046X00 is its ability to handle separate red, green, blue, and infrared channels, which ensures accurate measurements even in varying lighting conditions.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/25/04/44624537/jeff-bezos-amazon-to-launch-kuiper-internet-satellites-on-april-9-taking-on-elon-musks-starlink" rel="noreferrer noopener">Jeff Bezos&#8217; Amazon To Launch Kuiper Internet Satellites On April 9, Taking On Elon Musk&#8217;s Starlink</a>
Its green channel mimics the spectral sensitivity of the human eye for realistic color detection, while the IR channel stabilizes output across diverse light sources.
With an ambient light range of 0 lx to 176 klx, the sensor remains stable and does not saturate under direct daylight.
The sensor&#8217;s versatility makes it suitable for a range of automotive applications, including display backlight controls, infotainment systems, rearview mirror dimming, and interior lighting. It operates across a wide temperature range up to +110°C and features an I²C communication interface for ease of integration.
Samples of the VEML6046X00 are available now, with production quantities set for a 16-week lead time.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, VSH stock has lost over 28% in the past year.
Price Action: VSH shares are trading lower by 4.77% to $15.17 premarket at last check Thursday.
Read Next:
<ul>
<li> <a href="https://benzinga.com/25/04/44622346/trumps-reciprocal-tariff-math-a-masterclass-in-economic-absurdity" target="_blank" rel="noreferrer noopener">Trump&#8217;s &#8216;Reciprocal Tariff&#8217; Math: A Masterclass In Economic Absurdity</a></li>
</ul>
Photo: Shutterstock.

Movers

General

Vishay Unveils High-Precision RGBIR Sensor For Smarter Automotive Displays

Lamb Weston shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY25 sales guidance above estimates.

RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) reported weaker-than-expected fourth-quarter financial results after the <a href="https://www.benzinga.com/quote/RH/earnings">market close on Wednesday</a>.
RH reported fourth-quarter revenue of $812.41 million, missing the consensus estimate of $829.56 million, according to Benzinga Pro. The luxury retailer reported fourth-quarter adjusted earnings of $1.58 per share, missing analyst estimates of $1.92 per share.
"The important work and substantial investments we&#8217;ve made over the past two years are now resulting in meaningful share gains and significant strategic separation, positioning the RH brand to expand its leadership position across the luxury home market over the next decade," the company said in a letter to shareholders.
RH expects first-quarter revenue growth of 12.5% to 13.5%. The company anticipates full-year 2025 revenue growth of 10% to 13%.
RH shares gained 4.3% to close at $249.35 on Wednesday.
These analysts made changes to their price targets on RH following earnings announcement.
<ul>
<li>Telsey Advisory Group analyst Cristina Fernandez maintained RH with an Outperform rating and lowered the price target from $420 to $280.</li>
<li>Citigroup analyst Steven Zaccone downgraded RH from Buy to Neutral and lowered the price target from $437 to $200.</li>
<li>Baird analyst Peter Benedict maintained RH with a Neutral and lowered the price target from $400 to $215.</li>
<li>Morgan Stanley analyst Simeon Gutman maintained the stock with an Overweight rating and lowered the price target from $530 to $300.</li>
<li>Barclays analyst Seth Sigman maintained RH with an Overweight rating and cut the price target from $515 to $436.</li>
</ul>
Considering buying RH stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="580" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03091849/image-38-1024x580.png" alt="" class="wp-image-855510" style="width:577px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03091849/image-38-1024x580.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03091849/image-38-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03091849/image-38-768x435.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/03091849/image-38.png 1116w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/04/44622367/acuity-rh-and-3-stocks-to-watch-heading-into-thursday">Acuity, RH And 3 Stocks To Watch Heading Into Thursday</a> </li>
</ul>
Photo via Shutterstock

Price Target

These Analysts Slash Their Forecasts On RH Following Downbeat Results

Fortinet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) could be the most exposed <a href="https://www.benzinga.com/topic/cybersecurity">security hardware vendor</a> to newly announced <a href="https://www.benzinga.com/news/global/25/04/44620889/trumps-liberation-day-tariffs-roil-markets-as-china-slams-typical-unilateral-bullying-asian-markets-plunge">U.S. tariffs</a>, with a potential 60-basis-point margin headwind due to its reliance on Taiwan-based manufacturing.
JPMorgan analyst Brian Essex warns that this exposure could significantly impact the company's margins.
<h2 class="wp-block-heading">Fortinet's Taiwan Exposure Creates Headwinds</h2>
According to Essex, Fortinet manufactures approximately 95% of its hardware in Taiwan, making it highly susceptible to tariffs imposed on the region. His calculations suggest that the company could face incremental tariff costs of roughly $40 million, translating to a 60bps impact on margins.
While Fortinet could mitigate some of this impact by raising prices or shifting manufacturing to other locations, the competitive landscape may shift in favor of domestic peers like Cisco Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>).
Read Also: <a href="https://www.benzinga.com/insights/short-sellers/25/04/44614453/is-fortinet-gaining-or-losing-market-support">Is Fortinet Gaining or Losing Market Support?</a>
<h2 class="wp-block-heading">Check Point, Palo Alto Networks Appear More Insulated</h2>
Essex notes that Check Point Software Technologies Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) faces relatively negligible tariff exposure, as only 10% of its Bill of Materials (BOM) comes from China, and its U.S. revenue exposure is around 35%.
Meanwhile, Palo Alto Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) has proactively addressed tariff risks by shifting contract manufacturing to Texas and reducing its reliance on Chinese components.
As a result, Essex sees the tariff impact on Palo Alto's margins as minimal.
<h2 class="wp-block-heading">Investor Concerns, Competitive Implications</h2>
Essex highlights that investors have been closely watching Fortinet's exposure to Taiwan and other regions, such as Canada and Mexico.
However, these countries are not currently subject to the latest tariffs, which provides some relief. Still, the competitive implications remain, as companies with less exposure to affected regions may gain an advantage.
<h2 class="wp-block-heading">Uncertain Path Forward</h2>
While the full impact of the tariffs is yet to be determined, Essex stresses that Fortinet's exposure is notably higher than that of its peers. He cautions that further supply chain adjustments or price increases may be necessary to offset these pressures, making the coming quarters critical for investors tracking the stock.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/03/44501515/cybersecurity-stocks-to-outperform-its-the-one-line-item-that-no-company-in-the-world-is-cutting-josh-brown">Cybersecurity Stocks To Outperform, It&#8217;s The &#8216;One Line Item That No Company In The World Is Cutting&#8217;: Josh Brown</a></li>
</ul>
Photo: Shutterstock

Analyst Color

CHKP

CSCO

FTNT

PANW

Fortinet Faces Tariff Turbulence - Analyst Flags Margin Risk

VCTR

Victory Capital Holdings shares are trading lower. B of A Securities cut its price target on the stock from $$89 to $87.

<ul>
<li>Achievement demonstrates capabilities of company's internally-developed, first-of-kind, commercial-scale battery recycling technologies for recovery of battery critical materials that meet stringent material quality specifications and standards 
<ul>
<li>Increase in production capacity has been supported by implementing 24/7 continuous operations and enhancing manufacturing operations throughput at its facility</li>
</ul>
</li>
</ul>

ABAT

American Battery Technology Doubles Quarterly Production At Lithium-Ion Battery Recycling Facility

MARA

Mara Holdings shares are trading lower. The company provided Bitcoin production and mining operation updates for March of 2025.

Citigroup analyst Jon Tower maintains McDonald's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) with a Buy and lowers the price target from $360 to $353.

Citigroup Maintains Buy on McDonald's, Lowers Price Target to $353

Registered Phase-1b 12-week study investigating safety, diabetes control, and weight loss

Biotech

LEXX

Lexaria Updates Ongoing Human Study GLP-1-H24-4

People work for decades before getting to tap into their Social Security. However, the time you choose to receive your first distribution determines how much you will receive from Social Security moving forward.
You can start receiving Social Security at 62, but you will receive the maximum benefit if you start taking Social Security when you turn 70. One Redditor <a href="https://www.reddit.com/r/Bogleheads/comments/1jkby43/social_security_strategy/">posted in the Bogleheads subreddit</a> to gauge when other Redditors are planning to take Social Security.&nbsp;
Don't Miss:
<ul>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a></li>
</ul>
While you get the highest paychecks if you start at 70, not everyone lives past 70. "If you die before 70, then it was the right choice to start SS at 62," the original poster said. Commenters shared their thoughts under the post.
<h2 class="wp-block-heading">Limited Upside for a Lot of Work</h2>
Part of the Redditor's strategy involves taking <a href="https://www.benzinga.com/personal-finance/25/03/44506470/where-1-5-million-in-retirement-plus-social-security-will-last-the-longest-and-the-shortest">Social Security</a> at 62 and putting the proceeds into an annuity. However, one commenter mentioned that putting the money into an annuity means you'll work a bit to make it work for a very limited upside.
If you take out Social Security at 62, you are taking a 50% pay cut compared with taking it out at 70. You have to generate a sizable return to justify walking away from a 50% deduction in your Social Security paychecks. While index funds can potentially deliver those types of returns, taking out your Social Security early becomes harder to justify as you live longer.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">Treat Social Security Like an Annuity or Insurance</h2>
One commenter suggested treating Social Security like a guaranteed annuity, while another encouraged the original poster to treat it like insurance. Most people shouldn&#8217;t be thinking about multiplying the money they receive from Social Security. Instead, these proceeds should help with basic expenses and preserving your quality of life.
You still need to <a href="https://www.benzinga.com/25/03/44540909/50-year-old-early-retiree-making-175000-in-dividends-shares-portfolio-now-i-spend-on-travel-cars-and-doing-what-i-want">contribute to your portfolio</a>, and it's not good to rely exclusively on Social Security. However, seeing it as a safety net instead of an opportunity to grow your wealth can minimize risk when you retire.
"Take it at 62 if you need to survive. Otherwise, wait until 70," another commenter suggested.&nbsp;
See Also: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
<h2 class="wp-block-heading">Breaking Even</h2>
One commenter suggested that the breakeven point of taking out Social Security at 62 vs. 70 is when you turn 78 to 82 years old. If you live more than 82 years, then it makes far more sense to wait until you are 70 to take out Social Security.
The <a href="https://www.cdc.gov/nchs/fastats/life-expectancy.htm">average life expectancy</a> in the U.S. is currently 77.5 years. It turns out the average female lives for 80.2 years while the average male lives for 74.8 years. While waiting until you turn 70 can make sense for either gender, it statistically makes more sense for a female to wait until she turns 70. Factors like your lifestyle, commitment to health, and exercise will influence how long you live.
<h2 class="wp-block-heading">Money Is Worth More When You Can Move Around</h2>
While most of the Bogleheads commenters suggested waiting until turning 70, one commenter broke away from the trend.
"A dollar [is] worth more when you can move/travel around than [when] you cannot," the commenter explained.
Another Redditor responded to the comment saying that $1,400 per month at 62 sounds more attractive than $2,100 per month at 70. It's good to consider what you would do with the extra money and how long you expect to live.&nbsp;
One compromise can be to access Social Security before turning 70 but a little after your 62nd birthday. You should assess your financial situation before making a decision.
Read Next:
<ul>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>

Personal Finance

Reddit Decides If This Social Security Strategy Is The Right Approach: "If You Die Before 70, Then It Was The Right Choice To Start Social Security At 62."

Press Releases

Trip.com Group Limited to Report Second Quarter and First Half of 2024 Financial Results on August 26, 2024 U.S. Time

Trip.com Group Limited Reports Unaudited Second Quarter and First Half of 2024 Financial Results

Entertainment

Trip.com Group Highlights Golden Week 2024 Travel Shifts: Chinese Tourists Explore Beyond Capitals and Lesser-Known Options

Trip.com Group Limited to Report Third Quarter of 2024 Financial Results on November 18, 2024 U.S. Time

Trip.com Group Limited Reports Unaudited Third Quarter of 2024 Financial Results

Trip.com Group Announces Changes in Board Composition

Trip.com Group Limited to Report Fourth Quarter and Full Year of 2024 Financial Results on February 24, 2025 U.S. Time

Trip.com Group Limited Reports Unaudited Fourth Quarter and Full Year of 2024 Financial Results

Offerings

Baidu Announces Proposed Offering of Exchangeable Bonds

Baidu Announces Pricing of US$2 Billion Offering of Zero Coupon Exchangeable Bonds

BIDU

TCOM

Airbnb

Atour Lifestyle Holdings Limited - American Depositary Shares

Atour Lifestyle Holdings

Booking Holdings

Choice Hotels International, Inc. Common Stock

Choice Hotels Intl

Despegar.com

Expedia Group

Global Business Travel Group, Inc. Class A Common Stock

Global Business Travel

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share

GreenTree Hospitality Gr

Hyatt Hotels Corporation Class A Common Stock

Hyatt Hotels

Hilton Grand Vacations

Hilton Worldwide Holdings Inc. Common Stock

Hilton Worldwide Holdings

H World Group Limited - American Depositary Shares

H World Group

Intercontinental Hotels Group American Depositary Shares (Each representing one Ordinary Share)

Comments

Trip.com Group

ニュース

最新ニュース Trip.com Group (NASDAQ:TCOM) 株価情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル