Benzinga

Financial News, Data & Education 💸

[Benzinga @Benzinga]

New to investing and not sure where to start?

This step-by-step guide walks through how to open a brokerage account, figure out what to buy first, place your first order and avoid some of the most common beginner mistakes.

Watch here:
https://t.co/NG2H7rDtT1

[Benzinga @Benzinga]

Redwire ($RDW) has secured a follow-on U.S. Army order to support training with its Stalker drones. The agreement provides sustainment equipment for aircraft used to prepare operators for missions in difficult and contested environments.

The order comes from the Army Aviation Center of Excellence. The 2nd Battalion, 13th Aviation Regiment at Fort Huachuca, Arizona, will receive maintenance supplies, including hybrid lift batteries assembled in the United States.

Redwire says the program helps soldiers train on mission-ready aircraft they may later operate in the field. Its training approach draws on hundreds of thousands of flight hours across six continents, including experience in extreme weather and combat environments.

The order follows other significant wins. On November 10, Redwire secured a nearly $40 million award for a power-generation system supporting NASA’s planned lunar base. A November 5 DARPA contract added $20 million for further testing of its scaled SabreSat spacecraft.

Those awards arrive after mixed quarterly results. Third-quarter revenue of $109.04 million fell short of the $125.48 million estimate, while a 6-cent loss per share was narrower than the 12-cent loss analysts expected.

Redwire ended the quarter with a record $619.7 million backlog, almost 75% higher than a year earlier, and maintained its $450 million to $500 million annual revenue outlook. The challenge is turning a growing pipeline of defense and space commitments into consistent revenue delivery.

[Benzinga @Benzinga]

Microsoft Warns Trump Administration's Proposed China Data-Center Tech Ban Could Slow US AI Buildout, Raise Costs: Report

https://t.co/x74YBz8z86

[Benzinga @Benzinga]

Tim Melvin on the market right now:

Real estate is the cheapest sector, $OCFC is the bank stock he’d buy today, $TSLA is the most overvalued stock in the S&P 500, and the biggest mistake retail investors are making is chasing.

His one-word description of this market: AI.

[Benzinga @Benzinga]

Nvidia ($NVDA) Stock Tumbles as Company Prepares To Remove Huang Following Second Affair (UPDATED)

https://t.co/LhBBQ45rtB

[Benzinga @Benzinga]

Nvidia’s ($NVDA) board is reportedly preparing to remove Jensen Huang after learning of two affairs. NVDA is down 7% after hours.

[Benzinga @Benzinga]

EXCLUSIVE: Nate Herk (@nateherk) says workers need more than clever chatbot prompts to succeed with AI. They also need the judgment to choose suitable tasks, check the results and take responsibility when something goes wrong.

In a November 1 interview with Benzinga, the former Goldman Sachs ($GS) business-intelligence analyst described a growing distinction between people who pass along AI-generated answers and people who can evaluate whether those answers actually solve a business problem.

Herk argues that the stakes rise when software moves from drafting suggestions to taking action. An agent that sends messages, changes database records or makes purchases can cause consequences that are harder to undo than an inaccurate paragraph.

That concern matches guidance from the OWASP security project. It recommends limiting AI agents to the functions and permissions their jobs require, and requiring human review for consequential actions. Giving a system access to read information does not automatically justify letting it modify or delete that information.

Herk also warns that an agent can follow instructions correctly and still produce a bad result if its underlying information is outdated or contradictory. Knowing how to operate the tool does not remove the need to understand the work.

His advice for job seekers is to identify what slows a business down and use AI where it helps. The lasting skill is being able to explain why a task was delegated, how the result was checked and who remains accountable for the outcome.

[Benzinga @Benzinga]

Scott Bauer (@cboesib) says growth is the play for the next 12 months, $JPM is the bank stock he’d buy today and $TSLA is the most overvalued stock in the S&P 500.

His biggest warning for retail investors is to stop trying to buy the lottery ticket.

[Benzinga @Benzinga]

EXCLUSIVE: Lilly, Gilead Face Near-Term Drug Pricing Risks As Washington Turns Up Heat.

https://t.co/rvdOZgA0R5

[Benzinga @Benzinga]

Bank of America just spotted a rare market warning not seen in 25 years.

Plus CoreWeave’s earnings surprise, Pelosi’s latest portfolio moves, Costco’s historic move, the space race, and more.

Catch up with today’s Ring The Bell: https://t.co/XlurxzDpgr

[Benzinga @Benzinga]

Mark Cuban (@mcuban) wants healthcare contracts opened to public scrutiny, arguing that hidden prices leave patients, employers and even government negotiators unable to understand what care actually costs.

In a November 8 post, Cuban called for bipartisan legislation requiring healthcare contracts to be public, with personal information protected. He also proposed giving state and federal researchers exclusive access to de-identified claims so they could examine spending on treatments and medications.

His argument addresses a problem that would remain under different insurance systems: negotiators need reliable information about the prices and agreements they are trying to change. Cuban said the federal government would be at a major disadvantage negotiating universal coverage without it.

Cuban also called for breaking up large healthcare conglomerates. He accused their pharmacy benefit managers of distorting drug costs and argued that the arrangements deserve Justice Department scrutiny.

Cuban’s own Cost Plus Drug Company presents transparency as part of its business model. Its published pricing explanation describes charging acquisition cost plus a 15% markup and pharmacy fees, with shipping and taxes added where applicable.

The broader issue is whether clearer information could change the bargaining power of healthcare buyers. Cuban’s proposal would bring contracts and claims into the debate over affordability, giving researchers more evidence to assess where money goes and what reform might accomplish.

[Benzinga @Benzinga]

Dan Ives (@DivesTech) calls Jensen Huang the “central nervous system” of U.S. tech and says Nvidia ($NVDA) has no clear succession plan.

He says an abrupt Huang exit could send the stock down 25% to 30%.

https://t.co/rvmHKmKYTW

[Benzinga @Benzinga]

Top 3 Consumer Stocks That May Fall Off A Cliff This month.

https://t.co/TZ6GhDBngl

[Benzinga @Benzinga]

SpaceX ($SPCX) has ordered solar-cell manufacturing equipment from Germany’s Singulus Technologies as it develops plans for AI computing in orbit. Elon Musk (@elonmusk) described the target as 100 gigawatts of annual manufacturing capacity for the company’s proposed Starmind satellites.

Singulus confirmed a supply agreement on November 10. The first complete heterojunction solar-cell production line is worth more than €60 million, about $66.9 million, with additional lines planned under the broader partnership.

Delivery of the first line is expected in the first half of 2027. Singulus says production will scale to support more than 100 gigawatts of equipment as SpaceX expands satellite manufacturing in Bastrop, Texas. That is a manufacturing ambition, not power already operating in space.

SpaceX also provided financing to Singulus in March and October. The arrangement connects a concrete equipment purchase with the much larger challenge of building and deploying an orbital computing network.

According to the Starmind specifications reported by Benzinga, the planned satellites would have 75-meter solar-array wingspans and computing payloads requiring up to 250 kilowatts of peak power. Solar energy would run onboard processors, with radiators handling heat and laser links carrying results.

SpaceX is targeting initial manufacturing and demonstrations in late 2027, with wider deployment potentially beginning in 2028. The equipment order advances the supply chain, while launch capacity, satellite production and the economics of orbital AI remain major execution questions.

[Benzinga @Benzinga]

Warren Buffett (@WarrenBuffett) has warned that owning stocks requires the financial and emotional ability to withstand a decline of 50% or more, even when the underlying business remains sound.

The remarks came during Berkshire Hathaway’s ($BRK.B) 2020 annual meeting. Buffett was discussing how investors should prepare for volatility, rather than predicting that a specific crash was imminent or telling everyone to buy on a particular day.

He pointed to three occasions when Berkshire’s share price had fallen by roughly half despite no fundamental problem with the company. The example separated the experience of watching a market quotation collapse from judging the condition of the business itself.

Borrowing creates another danger. Buffett explained that an investor using borrowed money could be wiped out during a severe decline, even if the business eventually recovers. Being willing to wait is different from having the financial capacity to do so.

He also stressed understanding an investment independently. Without that foundation, a shareholder can become vulnerable to another person’s opinion or feel compelled to act simply because a price moves. His comparison was to owning a farm without checking a quoted market value every day.

Buffett framed stock ownership around extended periods, including horizons of 20 or 30 years, while acknowledging uncertainty over shorter stretches. The enduring lesson is about preparation: an investment strategy must fit both the investor’s finances and their ability to stay disciplined when prices fall.

[Benzinga @Benzinga]

New to investing and not sure where to start?

This step-by-step guide walks through how to open a brokerage account, figure out what to buy first, place your first order and avoid some of the most common beginner mistakes.

Watch here:
https://t.co/NG2H7rDtT1

[Benzinga @Benzinga]

Nvidia ($NVDA) plunged more than 8% after hours following a report that its board is preparing to remove CEO Jensen Huang.

Rivals AMD ($AMD) and Broadcom ($AVGO) climbed more than 3% in extended trading as investors reacted to the leadership uncertainty.

https://t.co/quPNT4iRS3

[Benzinga @Benzinga]

Nvidia, AMD, SanDisk, Broadcom and Apple: Why These 5 Stocks Are on Investors' Radars Today.

https://t.co/I2wAaJLRXI

[Benzinga @Benzinga]

Warren Buffett (@WarrenBuffett) has warned that owning stocks requires the financial and emotional ability to withstand a decline of 50% or more, even when the underlying business remains sound.

The remarks came during Berkshire Hathaway’s ($BRK.B) 2020 annual meeting. Buffett was discussing how investors should prepare for volatility, rather than predicting that a specific crash was imminent or telling everyone to buy on a particular day.

He pointed to three occasions when Berkshire’s share price had fallen by roughly half despite no fundamental problem with the company. The example separated the experience of watching a market quotation collapse from judging the condition of the business itself.

Borrowing creates another danger. Buffett explained that an investor using borrowed money could be wiped out during a severe decline, even if the business eventually recovers. Being willing to wait is different from having the financial capacity to do so.

He also stressed understanding an investment independently. Without that foundation, a shareholder can become vulnerable to another person’s opinion or feel compelled to act simply because a price moves. His comparison was to owning a farm without checking a quoted market value every day.

Buffett framed stock ownership around extended periods, including horizons of 20 or 30 years, while acknowledging uncertainty over shorter stretches. The enduring lesson is about preparation: an investment strategy must fit both the investor’s finances and their ability to stay disciplined when prices fall.

[Benzinga @Benzinga]

SpaceX ($SPCX) has ordered solar-cell manufacturing equipment from Germany’s Singulus Technologies as it develops plans for AI computing in orbit. Elon Musk (@elonmusk) described the target as 100 gigawatts of annual manufacturing capacity for the company’s proposed Starmind satellites.

Singulus confirmed a supply agreement on November 10. The first complete heterojunction solar-cell production line is worth more than €60 million, about $66.9 million, with additional lines planned under the broader partnership.

Delivery of the first line is expected in the first half of 2027. Singulus says production will scale to support more than 100 gigawatts of equipment as SpaceX expands satellite manufacturing in Bastrop, Texas. That is a manufacturing ambition, not power already operating in space.

SpaceX also provided financing to Singulus in March and October. The arrangement connects a concrete equipment purchase with the much larger challenge of building and deploying an orbital computing network.

According to the Starmind specifications reported by Benzinga, the planned satellites would have 75-meter solar-array wingspans and computing payloads requiring up to 250 kilowatts of peak power. Solar energy would run onboard processors, with radiators handling heat and laser links carrying results.

SpaceX is targeting initial manufacturing and demonstrations in late 2027, with wider deployment potentially beginning in 2028. The equipment order advances the supply chain, while launch capacity, satellite production and the economics of orbital AI remain major execution questions.

[Benzinga @Benzinga]

Top 3 Consumer Stocks That May Fall Off A Cliff This month.

https://t.co/TZ6GhDBngl