Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	132.50	0.63	0.47	24.9K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	233.59	0.97	0.41	94.4K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	216.00	0.72	0.33	4.5K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	79.86	0.21	0.26	7.2K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	85.3400	-0.430	-0.51	54.4K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.9957	-0.094	-0.23	1.5K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	79.7900	-0.150	-0.19	6.6K
(NYSE:XLB)	Materials Select Sector SPDR	85.9300	-0.160	-0.19	977
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	141.0800	-0.200	-0.15	3.2K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	100.0900	-0.080	-0.08	24.0K

Pulled from Benzinga Pro data this sector movers alerts can help traders understand macro-level market trends. Traders often look for sector movers to provide high-level analysis on which sectors are over- or under-performing to make better investing decisions on exchange traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

Cisco Systems (NASDAQ:CSCO) could highlight new products and continued AI momentum when it reports third-quarter financial results after the market closes on Wednesday.

Earnings Estimates: Analysts expect Cisco to report third-quarter revenue of $14.05 billion, up from $12.7 billion in last year’s third quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in more than 10 straight quarters.

Analysts expect Cisco to report third-quarter earnings per share of 92 cents, up from 88 cents per share in last year’s third quarter. The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.

The company’s guidance calls for third-quarter revenue to be between $13.9 billion and $14.1 billion and earnings per share to be between 90 cents and 92 cents per share.

Read Also: Nvidia Powers Next-Gen Adaptive Digital AI Agents For Cisco, Nasdaq, And Meta

Key Items to Watch: Analysts and investors will be looking for Cisco to carry momentum from its second quarter when it reported that product orders grew 29% year over year and AI Infrastructure orders reached over $350 million.

“As AI becomes more pervasive, we are well positioned to help our customers scale their network infrastructure, increase their data capacity requirements, and adopt best-in-class AI security,” Cisco CEO Chuck Robbins said after second-quarter results.

The company recently announced a new quantum chip created in collaboration with US Santa Barbara. The chip helps quantum networks scale and could be an item covered by the company during its management commentary or conference call questions.

Ahead of quarterly earnings, several analysts lowered their price targets on Cisco. Here are some of the recent analyst ratings and their price targets:

• Evercore ISI Group: Maintained Outperform rating, lowered price target from $75 to $67
• Rosenblatt: Maintained Buy rating, lowered price target from $80 to $63
• JPMorgan: Maintained Overweight rating, lowered price target from $73 to $70
• Citigroup: Maintained Buy rating, lowered price target from $73 to $68
• Piper Sandler: Maintained Neutral rating and lowered price target from $72 to $60

CSCO Price Action: Cisco stock trades at $61.83 on Tuesday versus a 52-week trading range of $44.50 to $66.50. Cisco stock is up 4.6% year-to-date in 2025, with shares up 27% over the last year.

Read Next:

• Pillar Of America’s Cyber Security Lost Funding Temporarily: What Investors Should Know About CVE Program, Funding Extension

Photo: Shutterstock

Entertainment and technology company Sony Group Corp (NYSE:SONY) could highlight an upcoming television and movie slate along with potential higher prices for PlayStation video game consoles due to tariffs when the company reports fourth-quarter financial results before market open Wednesday.

Earnings Estimates: Sony Is expected to report fourth-quarter earnings per share of 12 cents, down from 21 cents per share in last year’s fourth quarter according to Zacks.

The company has beaten analyst earnings per share estimates in two straight quarters and eight of the last 10 quarters overall, according to data from Benzinga Pro.

Analysts expect Sony to report fourth-quarter revenue of $20.4 billion, down from $23.5 billion in last year’s fourth quarter.

The company beat revenue estimates in the third quarter  and has beaten revenue estimates in seven of the last 10 quarters overall.

Read Also: Trump Wants ‘Movies Made In America Again’: Here’s What Tariffs On Films Could Mean For Disney, Netflix Stock

Key Items to Watch: One of the items being closely watched for the diversified tech company is a potential spinoff of the Sony Semiconductor Solutions Corp. The company previously said it was considering spinning off this unit in 2025.

Sony is also planning to spin off Sony Financial Group, the company’s financial arm.

The spinoff moves were previously tossed around as ideas by activist investor Dan Loeb.

Another area to watch could be the company’s movie and television segment. Sony released several movies in the first quarter with minimal box office success. “One of Them Days” ranks 12^th domestically in 2025 with $50.1 million at the box office. The film made minimal international revenue with a global total of $51.9 million.

“Paddington in Peru” ranks 16^th domestically in 2025 for box office with $45.8 million. The film has grossed $168.7 million globally since its release.

Most of Sony’s top 2024 films were released later in the year, making the comp period easier. The company released “Ghostbusters: Frozen Empire” in March 2024, which went on to gross $113.4 million domestically and $202.0 million globally.

Sony could highlight its upcoming film slate, which includes “Karate Kids: Legends” on May 30, “28 Years Later” on June 20 and “I Know What You Did Last Summer” on July 18. The company’s biggest domestic hit in 2024 was “Bad Boys: Ride or Die,” which grossed $193.6 million.

The company also creates and produces hit television series for a number of networks and streaming companies. Sony could highlight some of the hits and upcoming series.

Video games will likely be another key topic with Sony ready to raise prices on the PlayStation 5 console due to tariffs. Sony sold 9.5 million PlayStation 5s in the third fiscal quarter, up from 8.2 million in the previous year’s third quarter.

While the console figure won’t be as high in the fourth quarter, it could be important if it shows year-over-year growth.

Commentary from Sony on if it plans to keep the raised prices in place and if this has impacted demand and/or margins will also be closely watched by investors and analysts.

SONY Price Action: Sony stock trades at $24.66 Tuesday versus a 52-week trading range of $15.19 to $26.08. Sony stock is up 17% year-to-date in 2025 and up 62% over the last year.

Read Next:

• PlayStation Bosses Discuss Future Of AI In Gaming: Why Human Creativity Will Always Be Essential In Game Development

Photo: testing/Shutterstock

The U.S. cannabis industry added $1.3 billion in new legal sales in 2024, yet it lost more than 15,000 full-time jobs.

That’s the contradiction at the center of the 2025 Cannabis Jobs Report, released Tuesday by cannabis staffing firm Vangst in partnership with Whitney Economics. The annual analysis tracks job growth, revenue trends and workforce dynamics across every regulated state market.

According to the report, the U.S. cannabis sector now supports 425,002 full-time equivalent (FTE) jobs, a 3.4% decline from 2023. This drop came despite $30.1 billion in legal retail sales, a 4.5% increase year-over-year.

“The cannabis industry has shifted from a phase of hypergrowth to one of operational discipline,” said Karson Humiston, CEO of Vangst. “Despite a slight decline in jobs, cannabis remains one of the nation’s leading employment sectors.”

A Flatline In Jobs, But A Jump In Sales

This marks the first notable employment contraction since the post-pandemic boom. Between 2017 and 2023, the industry added hundreds of thousands of new roles, but 2024 brought headwinds like tax pressure, oversupply and regulatory bottlenecks.

Cannabis Job Growth Since 2017

While overall sales rose, employers shifted toward leaner staffing models to preserve margins. Many moved away from full-time hires and instead adopted temp-to-hire or seasonal strategies, especially in cultivation and processing.

State-By-State Shake-Up

Legal cannabis continues to be a major economic driver, especially in states that recently launched or expanded adult-use programs.

Top 5 states by cannabis job growth in 2024:

State	Job Growth	% Change
New York	+8,450	+209%
Mississippi	+532	+103%
Ohio	+2,496	+34%
New Jersey	+2,763	+23%
West Virginia	+606	+73%

Conversely, several mature markets saw steep job losses:

State	Job Losses	% Change
Arizona	-10,749	-52%
Illinois	-7,466	-25%
Maine	-3,848	-51%
Colorado	-2,021	-9%
Michigan	-1,746	-4%

States with Job Gains vs. Job Losses

In Illinois, where the effective sales tax rate on cannabis is 36.25%, consumers continued to cross state lines for cheaper options. That tax pressure, combined with rising competition from hemp-derived THC and the illicit market, capped legal participation and limited hiring.

Strategic Staffing Replaces Expansion

Just 27.3% of cannabis businesses were profitable in 2024, according to Whitney Economics. Another 40% broke even, prompting many companies to restructure.

Also read: Germany’s Cannabis Industry Hits 500 Million Euros: 2,500 Pharmacies Now Dispense, 211 Grow Clubs Approved

Instead of growing headcount, companies prioritized:

• Short-term or seasonal labor
• Cross-functional teams
• Operational efficiency over scale

“The industry is maturing, shifting from rapid expansion to smart, strategic growth,” said Beau Whitney, chief economist at Whitney Economics.

States Lead While Federal Reform Stalls

A potential DEA reclassification of cannabis to Schedule III sparked optimism in early 2024. But a postponed hearing and election-year gridlock stalled progress.

With no major federal changes expected in 2025, state-level activity remains the primary driver. New York is projected to nearly double its retail sales this year, while Ohio’s adult-use rollout continues. Maryland, despite a recent tax hike from 9% to 12%, is forecast for further growth.

Meanwhile, California, Illinois and Washington continue to face structural challenges, including high taxes and sluggish consumer participation.

Forecast: $34 Billion In Sales In 2025

Vangst and Whitney project legal cannabis sales will reach $34 billion by the end of 2025, a 13.1% increase over last year. Whether job numbers rebound will depend on market stability, consumer migration to legal channels and tax or compliance relief.

“What we’re witnessing is not a slowdown, but a strategic reset,” said Whitney. “The industry is adapting, adjusting and preparing for its next chapter.”

Photo: Shutterstock. Charts courtesy of Vangst.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	213.6400	1.170	0.55	6.6K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	85.0208	0.441	0.52	26.9K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	228.6000	0.900	0.39	37.3K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	140.7600	0.460	0.32	2.9K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	41.7800	0.130	0.31	4.2K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	50.9000	0.030	0.05	199.6K
(NYSE:XLB)	Materials Select Sector SPDR	86.5600	0.040	0.04	802
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	99.2200	0.020	0.02	801

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	134.22	-1.74	-1.28	35.1K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	79.58	-0.18	-0.23	4.8K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	80.87	-0.16	-0.20	29.6K

Pulled from Benzinga Pro data this sector movers alerts can help traders understand macro-level market trends. Traders often look for sector movers to provide high-level analysis on which sectors are over- or under-performing to make better investing decisions on exchange traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

Apparel company Under Armour (NYSE:UAA)(NYSE:UA) could highlight how the latest China tariff news could be good news when the company reports fourth-quarter financial results before market open Tuesday.

Earnings Estimates: Analysts expect Under Armour to report fourth-quarter revenue of $1.16 billion, down from $1.33 billion in last year’s fourth quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in four straight quarters and in eight of the last 10 quarters overall.

Analysts expect the company to report a loss of 8 cents per share, down from a profit of 11 cents per share in last year’s fourth quarter.

The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.

Read Also: Trump Tariffs To Hurt Nike, Under Armour, VF: Are Ralph Lauren, Foot Locker Safer Bets?

What Analysts Are Saying: Demand and guidance are two key areas in Under Armour’s quarterly results that Telsey Advisory Group analyst Cristina Fernandez will be watching.

The analyst reiterated a Market Perform rating and lowered the price target from $10 to $7 ahead of the quarterly results.

Fernandez said she will be watching to see how fiscal 2026 is shaping up and how consumers are responding to new product offerings.

The analyst also said Under Armour needs to talk about tariffs. The company previously said it gets only 3% of items from China, but is exposed to other Asian countries with tariffs.

For Fernandez to become more bullish on the stock, she said it would take details on the company’s distribution strategies and more signs of revenue growth.

Freedom Capital Markets Chief Global Strategist Jay Woods offers a pun on the apparel stock ahead of quarterly financial results.

“For long-term shareholders of Under Armour, they would be better off hiding out, literally, under armor than trying to make money by owning the stock,” Woods said in a weekly newsletter.

Woods said the all-time high for the stock coincided with the height of the Golden State Warriors and Stephen Curry winning championships.

“Coming into earnings the company is trading just above all-time lows and is looking for a new catalyst to turn things around.”

Woods said the good news is there is a “near-term opportunity to watch.”

The market strategist highlighted technicals for the stock and the 20-day moving average being a point that has led to short-lived rallies. Woods said upward momentum could lead to a larger rally.

“It’s not a pretty picture, but risk/reward metrics for a short-term trade and potential near-term bottom look possible.”

Here are other recent analyst ratings on Under Armour and their price targets:

• UBS: Maintained Buy rating, raised price target from $7 to $8
• Wells Fargo: Maintained Equal-Weight rating, lowered price target from $7 to $4
• Citigroup: Maintained Neutral rating, lowered price target from $8 to $6

Key Items to Watch: Under Armour’s quarterly results come in between quarterly reports from rival Nike Inc (NYSE:NKE).

Nike reported a 12% year-over-year decline for footwear revenue, it’s largest revenue decline on a year-over-year basis for the segment in more than a decade.

Under Armour reported footwear sales declined 9% year-over-year in the third quarter. Analysts and investors will be closely monitoring this category to see how the company’s performance stacks up against Nike and to hear management’s insights on new products, competition and market share.

International could be another key area to watch. Under Armour saw international revenue decline 1% year-over-year in the third quarter.

Tariffs will be a major talking point for analysts. Under Armour’s report will come days after the United States and China agreed to a reduction in tariffs on goods imported to each country. The timing of the trade deal could play into Under Armour’s favor, with the company now needing to account for only a smaller tariff amount if factoring this into guidance or commentary.

While many know that NBA star Steph Curry has a deal with Under Armour, the company continues to sign other athletes to endorsements. The company’s latest deals include several 2025 NFL Draft Picks, including first overall pick Cam Ward.

Expected to be the starting quarterback for the 2025 NFL season, Ward could become a superstar in the league and provide a boost to Under Armour.

“Joining Under Armour is more than just a sponsorship deal. It’s a partnership,” Ward said.

UAA Price Action: Under Armour stock was up 6% to $6.20 on Monday versus a 52-week trading range of $4.78 to $11.89. Under Armour stock is down 24.3% year-to-date in 2025, while shares are down around 10% in the last year.

Read Next:

• Under Armour Q3 Sales Remain Challenged, No Sight Of ‘Positive Inflection’: Analyst

Photo: Echo G/Shutterstock

Quantum computing stocks have attracted major retail investor interest in 2025, with companies like D-Wave Quantum, Inc. (NYSE:QBTS), Rigetti Computing, Inc. (NASDAQ:RGTI) and IonQ, Inc. (NYSE:IONQ) standing out as some investor favorites. 

While the sector holds transformative potential, persistent financial losses and evolving technology mean these stocks remain high-risk, high-reward investments. 

Read Next: Cathie Wood Says AI Will ‘Disrupt The Traditional World Order’ And Replace Search Engines Like Google 

QBTS: D-Wave Quantum is 2025’s best quantum stock performer so far, with gains of more than 35% year-to-date. The company specializes in quantum annealing systems with products like the Advantage and Advantage 2 quantum computers, as well as its Leap quantum cloud service. 

D-Wave reported record quarterly revenue of $15 million last week, a more than sixfold increase on a year-over-year basis, though the company has yet to turn a profit. 

IONQ: IonQ also reported a smaller-than-expected first-quarter loss last week, though its stock is down more than 20% year-to-date. 

However, the company has established partnerships with major cloud providers like Microsoft, Amazon and Google for its trapped ion technology and analysts see potential gains ahead. IonQ stock has a consensus price target of $38.33 based on the ratings of 7 analysts, representing a nearly 20% upside to the stock’s current price level. 

RGTI: Rigetti specializes in full-stack, cloud-accessible quantum computing, manufacturing its own chips and pioneering scalable multi-chip quantum processors. However, Rigetti’s financials reveal the high cost of quantum research and developments with a trailing twelve-month net loss of $200.99 million on $10.79 million in revenue. 

The company is set to report its first-quarter results after Monday’s closing bell with Street expectations of a loss of 5 cents per share on revenue of $2.55 million. Rigetti stock is racing higher on heavy trading volume ahead of earnings, reflecting retail investor enthusiasm. 

Read Next: 

• UnitedHealth Investors Claim Company Hid Profit Impact Of CEO’s Murder 

Image: Shutterstock

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	213.3300	10.92	5.39	49.4K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	226.7900	9.19	4.22	155.8K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	85.4399	3.01	3.65	179.9K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	140.2000	4.09	3.00	40.5K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	51.2100	1.35	2.70	890.8K
(NYSE:XLB)	Materials Select Sector SPDR	86.6200	2.06	2.43	20.6K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	99.4600	2.28	2.34	4.0K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	42.2500	0.64	1.53	4.2K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	80.5201	0.28	0.34	67.7K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	80.9500	0.04	0.04	256.0K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	131.63	-1.05	-0.8	150.9K

Pulled from Benzinga Pro data this sector movers alert provides traders with a compiled way to read macro-level market trends. Investors garner a particular interest in sector movers to better determine sectors that are over- or under-performing to make better investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

Halozyme Therapeutics (NASDAQ:HALO) has outperformed the market over the past 15 years by 4.64% on an annualized basis producing an average annual return of 15.92%. Currently, Halozyme Therapeutics has a market capitalization of $8.38 billion.

Buying $100 In HALO: If an investor had bought $100 of HALO stock 15 years ago, it would be worth $921.02 today based on a price of $68.02 for HALO at the time of writing.

Halozyme Therapeutics’s Performance Over Last 15 Years

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.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	82.55	0.94	1.15	87.6K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	218.97	1.10	0.50	48.1K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	202.26	0.82	0.40	4.1K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	136.51	0.51	0.37	1.2K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	80.36	0.26	0.32	2.3K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	50.01	0.15	0.30	267.3K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	134.42	0.28	0.20	3.8K
(NYSE:XLB)	Materials Select Sector SPDR	84.47	0.13	0.15	964
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	81.50	0.12	0.14	2.1K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	41.40	0.04	0.09	1.0K

No loser in today’s Pre-market session.

Pulled from Benzinga Pro data this sector movers alerts can help traders understand macro-level market trends. Traders often look for sector movers to provide high-level analysis on which sectors are over- or under-performing to make better investing decisions on exchange traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.