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

Virtus Reaves Utilities ETF (ARCA:UTES), 空売り情報

ETFIS Series Trust I Reaves Utilities ETF

Utilities

The fund invests not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies in the Utility Sector (Utility Sector Companies). The manager considers a company to be a Utility Sector Company if at least 50% of the companys assets or customers are committed to, or at least 50% of the companys revenues, gross income or profits derive from, the provision of products, services or equipment for the generation or distribution of electricity, gas or water. The fund is non-diversified.

Nextera Energy, Inc.

Vistra Corp

Constellation Energy Corp

Talen Energy Corp

Centerpoint Energy Inc

Public Service Enterprise Group Inc.

Sempra Energy

Atmos Energy Corp

Pinnacle West Capital Cp

Dte Energy Co.

Virtus Reaves Utilities ETF

TEST SEC U by Test Comp

Strike CEO Jack Mallers has highlighted Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) growing dominance in the global store of value market, valued at approximately <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44274267/michael-saylors-bitcoin-superpower-strategy-could-it-generate-106-trillion-for-the-us">$400 to $500 trillion</a>.
What Happened: Speaking to Anthony Pompliano at the New York Bitcoin Investor Week from Feb. 24 to Feb. 28, Mallers <a href="https://www.youtube.com/watch?v=I4uYUQI-gBE">stated</a> that with Bitcoin's market cap at just $1.5 trillion it is still in the early stages of adoption.
It is poised to capture a substantial portion of the global store of value market where assets are held primarily for wealth storage rather than consumption, according to Mallers.
&#8220;Product market fit is in what people are calling store of value,&#8221; Mallers stated, emphasizing that nearly half of the world's $900 trillion in assets exist for preservation, not spending.
Wall Street's Growing Bitcoin Exposure
Mallers welcomed the rise of Bitcoin ETFs, acknowledging their role in expanding institutional participation: "Bitcoin is a permissionless network&#8230; I welcome Wall Street."
He noted that traditional fixed-income assets are losing purchasing power, making Bitcoin an increasingly attractive hedge for institutional investors.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44261690/bitcoin-act-of-2025-introduced-in-the-house-of-representatives">Bitcoin Act Of 2025 Introduced In The House Of Representatives</a>
Strike's Bitcoin-First Business Model
Mallers also shared insights into Strike's operational model, revealing that the company operates on a "Bitcoin standard." The payment company Strike converts all cash flows into Bitcoin while maintaining over 85% gross profit margins.
This forces high standards for new initiatives, with Mallers pushing his team to justify new ideas by Bitcoin's historical 60% annual growth rate, &#8220;If an employee comes to me and says, &#8216;I have an idea,&#8217; I ask: &#8216;Is it 61% good every year?'&#8221;
What's Next: On the <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44258476/bitcoin-reserve-upgrades-crypto-but-paypal-ripple-stablecoins-lag-behind">strategic Bitcoin reserve</a>, Mallers expressed support but warned against overestimating its immediate global impact. 
He contrasted the U.S. with El Salvador, which had no national currency before adopting Bitcoin and believes Bitcoin adoption in the U.S. is a pro-growth, pro-technology, pro-energy move.
Looking ahead, Mallers projects Bitcoin could reach "hundreds of trillions" in market cap, translating to a 400-500x increase from today's levels as it cements itself as a dominant store of value.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44232722/will-bitcoin-test-69000-watch-this-date-for-the-end-of-the-window-of-weakness">Will Bitcoin Test $69,000? Watch This Date For The End Of The &#8216;Window of Weakness&#8217;</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

News

$BTC

Strike CEO Jack Mallers Predicts Bitcoin Could Become The Dominant Store Of Value

AMZN

U.S. FTC Asks To Delay Trial Against Amazon Over Prime Because Of 'Severe Resource Shortfalls In Terms Of Both Money And Personnel'

Financial giants have made a conspicuous bullish move on Apple. Our analysis of options history for Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) revealed 146 unusual trades.
Delving into the details, we found 45% of traders were bullish, while 39% showed bearish tendencies. Out of all the trades we spotted, 81 were puts, with a value of $7,697,902, and 65 were calls, valued at $3,418,693.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $270.0 for Apple during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Apple's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Apple's significant trades, within a strike price range of $120.0 to $270.0, over the past month.
<h3>Apple 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741796165_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$18.95</td>
<td>$18.9</td>
<td>$18.95</td>
<td>$200.00</td>
<td>$989.1K</td>
<td>9.5K</td>
<td>695</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$18.9</td>
<td>$18.8</td>
<td>$18.9</td>
<td>$200.00</td>
<td>$491.4K</td>
<td>9.5K</td>
<td>1.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$15.05</td>
<td>$15.0</td>
<td>$14.99</td>
<td>$225.00</td>
<td>$381.1K</td>
<td>14.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$15.05</td>
<td>$15.0</td>
<td>$14.96</td>
<td>$225.00</td>
<td>$241.1K</td>
<td>14.4K</td>
<td>1.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$24.05</td>
<td>$23.8</td>
<td>$23.92</td>
<td>$240.00</td>
<td>$239.2K</td>
<td>4.6K</td>
<td>627</td>
</tr>
</tbody>
</table>

<h3>About Apple</h3>
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
<h3>Current Position of Apple</h3>
<ul>
<li>With a volume of 27,871,753, the price of AAPL is down -1.39% at $217.77. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 50 days.</li>
</ul>
<h3>What Analysts Are Saying About Apple</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $288.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $325. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on Apple, which currently sits at a price target of $252. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Apple with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Options

Markets

AAPL

Apple Unusual Options Activity

Deep-pocketed investors have adopted a bearish approach towards Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CLSK usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Cleanspark. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 36% leaning bullish and 63% bearish. Among these notable options, 4 are puts, totaling $347,048, and 7 are calls, amounting to $436,270.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $7.0 to $12.0 for Cleanspark over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Cleanspark's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cleanspark's whale activity within a strike price range from $7.0 to $12.0 in the last 30 days. 
<h3>Cleanspark Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741796159_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$3.4</td>
<td>$4.3</td>
<td>$7.00</td>
<td>$129.0K</td>
<td>2.4K</td>
<td align="right">310</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$2.05</td>
<td>$1.78</td>
<td>$1.96</td>
<td>$8.00</td>
<td>$117.6K</td>
<td>3.8K</td>
<td align="right">600</td>
</tr>
<tr>
<td>CLSK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/14/25</td>
<td>$3.75</td>
<td>$3.65</td>
<td>$3.7</td>
<td>$12.00</td>
<td>$104.9K</td>
<td>490</td>
<td align="right">271</td>
</tr>
<tr>
<td>CLSK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$3.6</td>
<td>$3.55</td>
<td>$3.6</td>
<td>$11.00</td>
<td>$100.8K</td>
<td>946</td>
<td align="right">1</td>
</tr>
<tr>
<td>CLSK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$1.55</td>
<td>$1.49</td>
<td>$1.55</td>
<td>$9.00</td>
<td>$97.0K</td>
<td>2.1K</td>
<td align="right">629</td>
</tr>
</tbody>
</table>

<h3>About Cleanspark</h3>
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.
After a thorough review of the options trading surrounding Cleanspark, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Cleanspark's Current Market Status</h3>
<ul>
<li>With a trading volume of 9,124,328, the price of CLSK is down by -2.42%, reaching $8.06.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 57 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Cleanspark</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $20.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $20. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cleanspark with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

CLSK

Cleanspark's Options Frenzy: What You Need to Know

Investors with a lot of money to spend have taken a bearish stance on NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with NEE, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 22 options trades for NextEra Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 68%, bearish.
Out of all of the options we uncovered, 21 are puts, for a total amount of $1,652,294, and there was 1 call, for a total amount of $52,980.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $67.5 to $80.0 for NextEra Energy during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in NextEra Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NextEra Energy's substantial trades, within a strike price spectrum from $67.5 to $80.0 over the preceding 30 days.
<h3>NextEra Energy Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741796154_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$8.55</td>
<td>$8.45</td>
<td>$8.55</td>
<td>$75.00</td>
<td>$162.4K</td>
<td>2.8K</td>
<td>191</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.95</td>
<td>$6.8</td>
<td>$6.95</td>
<td>$72.50</td>
<td>$141.7K</td>
<td>1.6K</td>
<td>1</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$2.2</td>
<td>$2.15</td>
<td>$2.2</td>
<td>$67.50</td>
<td>$130.9K</td>
<td>3.5K</td>
<td>659</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.0</td>
<td>$9.85</td>
<td>$10.0</td>
<td>$77.50</td>
<td>$101.0K</td>
<td>207</td>
<td>301</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$2.26</td>
<td>$2.22</td>
<td>$2.26</td>
<td>$67.50</td>
<td>$100.7K</td>
<td>3.5K</td>
<td>1.1K</td>
</tr>
</tbody>
</table>

<h3>About NextEra Energy</h3>
NextEra Energy's regulated utility, Florida Power &amp; Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&amp;L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Following our analysis of the options activities associated with NextEra Energy, we pivot to a closer look at the company's own performance.
<h3>NextEra Energy's Current Market Status</h3>
<ul>
<li>With a trading volume of 3,417,248, the price of NEE is down by -2.42%, reaching $72.24.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 41 days from now.</li>
</ul>
<h3>What The Experts Say On NextEra Energy</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $91.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from JP Morgan has decided to maintain their Overweight rating on NextEra Energy, which currently sits at a price target of $91. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for NextEra Energy with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Market Whales and Their Recent Bets on NEE Options

LendingTree selects Innervate for its real-time experimentation, cross-channel orchestration, and ability to unify data-driven content strategies.
CHARLOTTE, N.C., March 12, 2025 /PRNewswire/ -- LendingTree, Inc., operator of LendingTree.com, the nation's leading online financial services marketplace, has signed a three-year strategic partnership with <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4381877-1&amp;h=3630235701&amp;u=https%3A%2F%2Fwww.innervate.com%2F&amp;a=Innervate">Innervate</a> to maximize ad performance with the capability to scale dynamic content orchestration across advertising, web, and other customer touchpoints. By leveraging Innervate's advanced automation, AI-driven optimization, and data integration capabilities, LendingTree will accelerate creative testing, streamline workflows, and improve marketing efficiency.&nbsp;
LendingTree connects millions of consumers with financial services providers, offering a seamless platform to compare rates, terms, and offers. As the company continues to deliver relevant, tailored solutions to its customers, the need for a robust and adaptable dynamic content platform was clear. Recognizing the need for a more agile and scalable content strategy, the company sought a platform capable of dynamically assembling and optimizing content across channels. After evaluating multiple solutions, LendingTree selected Innervate for its real-time experimentation, cross-channel orchestration, and ability to unify data-driven content strategies.

TREE

LendingTree Signs 3-Year Strategic Partnership With Innervate To Maximize Ad Performance And Transform Content Orchestration

WIIM

United Airlines shares are trading lower after B of A Securities and Barclays cut their respective price targets on the stock.

Mastercard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) has outperformed the market over the past 15 years by 11.6% on an annualized basis producing an average annual return of 22.58%. Currently, Mastercard has a market capitalization of $476.14 billion. 
Buying $1000 In MA: If an investor had bought $1000 of MA stock 15 years ago, it would be worth $21,003.62 today based on a price of $522.25 for MA at the time of writing.
<h3>Mastercard's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741796114_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

Macro Economic Events

Global

Economics

Iran's Supreme Leader Khamenei Says 'If We Wanted To Produce A Nuclear Weapon The U.S. Wouldn't Be Able To Stop It', 'We Ourselves Do Not Want To Do So'

President Trump Says Irish Took Our Pharmaceutical And Other Companies Away Through Taxation; We Are Going To Do Reciprocal Tariffs; EU Was Set Up In Order To Take Advantage Of The U.S.; Flexibility On Tariffs But Will Be Very Little Flexibility Once We Start; Says Will Respond To EU Counter

SMMT

Summit Therapeutics shares are trading higher after Evercore ISI Group initiated coverage on the stock with an Outperform rating and announced a price target of $30.

<a href="https://www.washingtonpost.com/politics/2025/03/12/social-security-phone-doge-elderly-disabled/" title="https://www.washingtonpost.com/politics/2025/03/12/social-security-phone-doge-elderly-disabled/">https://www.washingtonpost.com/politics/2025/03/12/social-security-phone-doge-elderly-disabled/</a>

Politics

General

'Social Security, Facing Pressure From DOGE, Weighs Big Cuts To Phone Service; Agency Considers Ending Phone Program That Helps With Claims Processing And Is Used By Millions Of Elderly And Disabled Americans' - Washington Post

Cresco Labs Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>) reported on Wednesday a fourth-quarter revenue of $175.91 million, down from $188.24 million a year ago, beating the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus of $172.13 million</a>.
Fourth quarter operating cash flow stood at $29 million, with free cash flow of $27 million.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43733003/cannabis-stock-valuations-reflect-no-expectation-of-federal-reform-study" rel="noreferrer noopener">Cannabis Stock Valuations Reflect No Expectation Of Federal Reform: Study</a>
&#8220;In 2024, the team executed with discipline — streamlining operations, prioritizing profitability and generating record free cash flow,&#8221; said Charlie Bachtell, <a href="https://www.benzinga.com/pressreleases/25/03/b44271691/cresco-labs-disciplined-strategy-drives-record-cash-flow-in-2024-financial-results" target="_blank" rel="noreferrer noopener">Cresco Labs CEO and co-founder</a>. &#8220;In 2025, we&#8217;re extending our focus to strategically deploy capital to create growth and maximize returns for the years ahead. It&#8217;s a straightforward approach: execute at the highest level, generate cash, reinvest in high-ROI opportunities, and repeat.&#8221;
Gross margin fell from 51.1% to 47.8%. Adjusted gross profit was $87 million, with a gross margin of 49.5%, down from 53% year-over-year.
Operating profit fell from $27.09 <a target="_blank" href="https://www.benzinga.com/cannabis" rel="noreferrer noopener">million to $19.41 million</a>.
Fourth quarter Adjusted EBITDA reached $42 million, with a margin&nbsp;of 24%.
Earlier this week, the vertically integrated cannabis and medical marijuana company announced its management services agreement with a Tier 3 Cultivation License in Kentucky.
The agreement entitles Cresco Labs to manage and operate a cultivation facility with up to 25,000 square feet of canopy, marking a significant milestone for the company and establishing Cresco Labs as one of only two operators of Kentucky&#8217;s coveted <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/b44215021/cresco-labs-to-operate-kentuckys-largest-medical-cannabis-cultivation-license" rel="noreferrer noopener">Tier 3 cultivation licenses</a>.
CRLBF Price Action: Cresco Labs is down 0.13% at 74 cents at publication Wednesday.
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Photo: Plateresca via Shutterstock

Cannabis

Earnings

Management

CRLBF

Cannabis Firm Cresco Labs Reports Mixed Q4, CEO Says Company Will 'Strategically Deploy Capital To Create Growth' In 2025

Eaton Corp shares are trading higher after Keybanc upgraded the stock from Sector Weight to Overweight and announced a price target of $340.

China&#8217;s <a href="https://www.benzinga.com/topic/china" target="_blank" rel="noreferrer noopener">Minister of Commerce</a> on Tuesday stated at the Third Session of the 14th National People&#8217;s Congress that consumption remains the primary driver of economic growth. Service consumption has maintained positive momentum, emerging as a new growth engine in overall consumption. 
Benchmark analyst Fawne Jiang noted that in 2024, the biggest highlight in consumption was the &#8220;trade-in&#8221; policy, which has generated new momentum, driving industrial upgrades and transformation.
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Jiang added that in 2025, the trade-in program will be expanded and upgraded, with broader subsidy coverage for more product categories. Actions will be taken to enhance the quality of service consumption, with a series of initiatives organized to promote service consumption.
The Minister of Commerce stated that the main issue with commodity consumption lies in softer consumer purchasing power and willingness, making it the primary challenge on the demand side. In contrast, the main challenge for service consumption is on the supply side, with an insufficient supply of high-quality services.
Meituan (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MPNGY#OTC">MPNGY</a>) CEO Wang Xing recently hosted an internal meeting with senior executives, highlighting a focus on food &amp; grocery retail, international expansion, and technology for the next decade, Jiang noted.&nbsp;&nbsp;
Alibaba Group Holding&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Hema is reported to be continuing to expand Freshippo Stores, with a key focus on the Fresh offering, the analyst stated. It plans to open about 100 new stores and expand into dozens of new cities.
Alibaba&#8217;s Ele.me is said to be investing more than 1 billion yuan (about $140 million) to support merchants by offering discounted commission rates, special subsidies, exclusive traffic, digital operation services, hardware facilities, and AI technology capabilities.
Grab Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) is reportedly acquiring the supermarket chain Everrise in Malaysia to expand its grocery business further in one of its key markets. Grab plans to digitize Everrise&#8217;s operations and introduce on-demand grocery delivery services for its customers, Jiang said.
Alibaba has released an open-sourced new inference model, QwQ-32B. Leveraging large-scale reinforcement learning, QwQ-32B has achieved a breakthrough in mathematics, coding, and general capabilities, with overall performance comparable to DeepSeek-R1. Additionally, QwQ-32B significantly reduced deployment costs and can be locally deployed on consumer-grade GPUs.
Tencent Holding&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) Hunyuan has launched an image-to-video model and made it open-source for the public. Businesses and developers can apply for API access through Tencent Cloud.
Alibaba Cloud aims to encourage the adoption of generative AI foundational models among Japanese enterprises, offering tailored adjustments and customizations based on client needs, the analyst noted. The company plans to increase the number of Japanese projects utilizing Alibaba&#8217;s models to over 1,000 within three years.
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Photo: Shutterstock

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BABA

GRAB

MPNGY

TCEHY

Alibaba, Grab, Tencent, Meituan Gear Up For Growth As China Bets On Services To Revive Economy

Exxon Upstream President Says Co Expects To Raise Output To 5.4M Barrels Of Oil Equivalent Per Day In 2030, Up From 4.3M BOE/D Now; Exxon Focus For Output Growth Is Guyana, Permian, LNG

DA Davidson analyst Michael Baker maintains RumbleON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBL#NASDAQ">RMBL</a>) with a Neutral and lowers the price target from $5 to $4.

Price Target

RMBL

DA Davidson Maintains Neutral on RumbleON, Lowers Price Target to $4

<a href="https://www.barrons.com/articles/applovin-stock-google-facebook-bull-96e85a8e?mod=hp_latestnews" title="https://www.barrons.com/articles/applovin-stock-google-facebook-bull-96e85a8e?mod=hp_latestnews">https://www.barrons.com/articles/applovin-stock-google-facebook-bull-96e85a8e?mod=hp_latestnews</a>

GOOG

GOOGL

"AppLovin Stock Has Hints Of Google And Facebook, Says A Bull" - Barron's

DA Davidson analyst Michael Baker maintains Superior Gr of Cos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGC#NASDAQ">SGC</a>) with a Buy and lowers the price target from $24 to $20.

DA Davidson Maintains Buy on Superior Gr of Cos, Lowers Price Target to $20

Canada announced Wednesday that it will impose 25% tariffs on over $20 billion worth of U.S. goods in retaliation for the Trump administration's new steel and aluminum duties, CNBC <a href="https://www.cnbc.com/2025/03/12/canada-tariffs-steel-aluminum-trump-computers.html">reported</a>. 
What To Know: Canadian Finance Minister Dominic LeBlanc confirmed that the tariffs will take effect Thursday and will target steel, aluminum, computers, sports equipment and cast iron products.
These new measures add to the 25% counter-tariffs Canada placed on $30 billion of U.S. goods earlier in March. Despite Trump issuing temporary exemptions on some tariffs after a market sell-off, Canada has opted to maintain its retaliatory stance. Meanwhile, the European Union also responded by announcing tariffs on <a href="https://www.benzinga.com/markets/equities/25/03/44269301/trumps-25-tariffs-on-steel-and-aluminum-imports-take-effect-eu-retaliates-us-steel-nucor-century-aluminum-and-other-domestic-stocks-cheer">$28 billion worth of U.S. goods</a> starting in April.
What Else: The financial and manufacturing sectors are <a href="https://www.benzinga.com/news/econ-s/25/03/44262286/tariff-uncertainty-poses-major-risk-to-us-automakers-how-much-could-ford-gm-earnings-fall">bracing for volatility</a>, as Trump&#8217;s tariff policies have already contributed to stock market declines and disrupted global supply chains. U.S. steel and aluminum producers may see short-term gains, but auto manufacturers and consumer goods companies could face higher costs.
Melanie Joly, Canada's foreign affairs minister, emphasized that the tariffs represent a broader defense of national interests, telling reporters, "Canadians have had enough."
While Trump argues that tariffs protect domestic industries and boost revenue, economists warn of rising consumer prices and <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/03/44245031/steels-hot-streak-faces-reality-check-analyst-weighs-tariffs-vs-recession-fears">economic instability</a>.
Among the sectors that will feel the impact of the U.S.&#8217;s tariff war with Canada is housing. Canada has been the top supplier of lumber used by home builders in the U.S. for many years.
The National Association of Home Builders (NAHB) recently reiterated its concern that the continued threat of tariffs will make it harder for builders and their customers to move ahead with new construction projects. 
&#8220;With the nation facing a housing affordability crisis, we continue to believe that critical construction materials should be exempt from any future tariffs. NAHB will continue to work with the administration to cut regulations, boost domestic lumber output and further rein in housing costs so that builders can construct more homes and apartments to meet our nation's housing needs,&#8221; the group <a href="https://www.nahb.org/news-and-economics/press-releases/2025/03/nahb-statement-on-tariff-pause-for-canada-and-mexico">wrote</a> last week. 
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Image: Shutterstock

Canada 'Had Enough,' Claps Back At US With $20 Billion In Retaliatory Tariffs: Foreign Affairs Minister

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