Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	137.15	0.87	0.63	28.1K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	223.5200	-4.810	-2.11	19.4K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	229.6500	-2.840	-1.23	59.0K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	96.4000	-1.030	-1.06	2.5K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	131.5000	-0.770	-0.59	51.7K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	74.9372	-0.293	-0.39	8.0K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	47.6484	-0.152	-0.32	103.5K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	79.5000	-0.160	-0.21	946
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.0000	-0.060	-0.15	4.9K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	83.2800	-0.040	-0.05	35.2K
(NYSE:XLB)	Materials Select Sector SPDR	84.5000	-0.030	-0.04	1.9K

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.

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Axcelis Technologies Inc (NASDAQ:ACLS)

• On Nov. 6, Axcelis Technologies posted better-than-expected quarterly earnings. President and CEO Russell Low commented, “Axcelis executed well in the third quarter with results relatively in-line with our expectations. While we anticipate a near term digestion of mature node capacity through the first half of 2025, customer engagement is strong and our long-term growth opportunity remains squarely intact highlighted by attractive secular growth in silicon carbide, a cyclical recovery in our memory and general mature markets, market share gains in advanced logic and regional penetration of the Japan market.” The company’s stock fell around 9% over the past five days and has a 52-week low of $68.79.
• RSI Value: 29.60                        
• ACLS Price Action: Shares of Axcelis Technologies fell 2.5% to close at $69.18 on Thursday.
• Benzinga Pro’s real-time newsfeed alerted to latest ACLS news.

Applied Materials Inc (NASDAQ:AMAT)          

• On Dec. 6, Wells Fargo analyst Joseph Quatrochi maintained the stock with an Overweight rating and lowered the price target from $220 to $210.. The company’s stock fell around 4% over the past five days and has a 52-week low of $148.06.
• RSI Value: 29.31
• AMAT Price Action: Shares of Applied Materials fell 2.4% to close at $161.44 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in AMAT stock.

Microchip Technology Inc (NASDAQ:MCHP)

• On Dec. 11, Stifel analyst Nathan Jones maintained A.O. Smith with a Buy and lowered the price target from $91 to $90. The company’s stock fell around 14% over the past month and has a 52-week low of $55.90.
• RSI Value: 27.86
• MCHP Price Action: Shares of Microchip Technology fell 0.3% to close at $55.99 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in MCHP shares.

Read More:

• Top 3 Consumer Stocks You May Want To Dump This Quarter

Financial giants have made a conspicuous bullish move on Nike. Our analysis of options history for Nike (NYSE:NKE) revealed 30 unusual trades.

Delving into the details, we found 46% of traders were bullish, while 36% showed bearish tendencies. Out of all the trades we spotted, 15 were puts, with a value of $1,138,017, and 15 were calls, valued at $996,251.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $55.0 and $100.0 for Nike, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Nike options trades today is 5022.5 with a total volume of 16,626.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Nike’s big money trades within a strike price range of $55.0 to $100.0 over the last 30 days.

Nike Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
NKE	PUT	TRADE	NEUTRAL	01/15/27	$5.25	$4.4	$4.75	$60.00	$475.0K	1.1K	1.0K
NKE	CALL	TRADE	BULLISH	06/20/25	$19.15	$18.8	$19.15	$60.00	$298.7K	309	158
NKE	CALL	TRADE	NEUTRAL	01/15/27	$16.7	$15.25	$16.0	$77.50	$160.0K	5.0K	105
NKE	PUT	SWEEP	BULLISH	12/19/25	$11.0	$10.75	$10.75	$80.00	$113.9K	1.9K	31
NKE	PUT	TRADE	BEARISH	12/18/26	$3.6	$3.3	$3.55	$55.00	$95.8K	1.2K	270

About Nike

Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.

In light of the recent options history for Nike, it’s now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Nike

• With a volume of 4,064,598, the price of NKE is down -0.39% at $76.6.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 0 days.

What The Experts Say On Nike

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $90.2.

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* An analyst from Needham downgraded its action to Buy with a price target of $84.
* Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Nike, targeting a price of $97.
* An analyst from B of A Securities persists with their Buy rating on Nike, maintaining a target price of $95.
* An analyst from Deutsche Bank has decided to maintain their Buy rating on Nike, which currently sits at a price target of $82.
* An analyst from Telsey Advisory Group has decided to maintain their Outperform rating on Nike, which currently sits at a price target of $93.

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 Nike with Benzinga Pro for real-time alerts.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	231.58	2.94	1.28	6.5K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	98.71	1.01	1.03	230
(NYSE:XLK)	SPDR Select Sector Fund – Technology	234.33	2.09	0.89	24.6K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	48.01	0.38	0.79	363.6K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	84.64	0.59	0.70	14.7K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	133.35	0.91	0.68	1.0K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	41.00	0.24	0.58	5.5K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	80.42	0.19	0.23	10.5K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	75.05	0.16	0.21	9.0K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	137.54	0.22	0.16	14.3K

No loser in today’s Pre-market session.

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.

To read more about sector movers, click here.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	42.67	0.25	0.58	2.6K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	136.95	0.66	0.48	3.9K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	241.09	1.11	0.46	25.1K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	49.25	0.15	0.30	28.5K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	139.56	0.35	0.25	6.8K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	86.82	0.21	0.24	8.7K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	76.79	0.09	0.11	2.7K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	239.00	-0.43	-0.18	1.4K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	81.38	-0.09	-0.12	10.9K

Pulled from Benzinga Pro data the above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

Coinbase‘s (NASDAQ:COIN) 2025 crypto market outlook highlights five major trends poised to define the cryptocurrency market in the coming year, with stablecoins, tokenization and a regulatory shift leading the way.

Stablecoins remain crypto’s ‘killer app’, with market capitalization growing 48% in 2024 to reach $193 billion as of Dec. 1.

Coinbase expects this trend to accelerate, moving beyond trading to broader adoption in global commerce and capital flows.

The report estimates stablecoin transaction volumes surpassed $27 trillion in 2024, three times higher than the previous year​.

The tokenization of real-world assets (RWA) is another key focus area, having grown over 60% to $13.5 billion in 2024.

Coinbase believes RWA tokenization will streamline financial transactions and expand into areas like private credit, corporate bonds, real estate, and commodities​.

On the institutional front, the success of spot Bitcoin ETFs has reshaped demand dynamics, with Coinbase expecting further developments.

The potential approval of ETFs for XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Litecoin (CRYPTO: LTC) could drive limited near-term demand.

However, innovations such as allowing in-kind creations or staking could significantly enhance ETF appeal by narrowing bid-ask spreads and improving alignment with net asset values​.

Also Read: Litecoin, HBAR ETFs Could Come Before XRP, Solana: Here’s Why

Decentralized finance (DeFi) is set for a resurgence.

After facing setbacks in the previous cycle, lending protocols and decentralized exchanges (DEXs) have shown resilience, hitting all-time highs in total value locked (TVL).

Innovative applications like decentralized physical infrastructure (DePIN) and prediction markets signal the sector’s evolution.

A pro-crypto regulatory shift in the United States is expected to provide much-needed clarity, with a bipartisan majority in Congress supporting crypto-friendly policies.

Coinbase anticipates regulatory milestones, including stablecoin legislation and an end to regulation-by-enforcement.

Globally, G20 countries and other financial hubs are also moving toward creating digital asset frameworks.

Read Next:

• Bitcoin, Ethereum ETFs See $688M Net Inflows, Analysts Target $124,000

Image: Shutterstock

Micron Technology (NASDAQ:MU) will look to follow the fate of Broadcom, which recently got a boost in share price after its quarterly earnings.

The Boise, Idaho-based company will report first-quarter financial results after the market closes on Wednesday. Analysts expect Micron Technology to report first-quarter revenue of $8.72 billion. That’s up from $4.73 billion in last year’s first quarter, according to data from Benzinga Pro.

The company has beaten analyst revenue estimates in six straight quarters and seven of the last 10 quarters overall.

Analysts also expect the company to report first-quarter earnings per share of $1.76 — up from a loss of 95 cents per share in last year’s first quarter. The company has beaten analyst estimates for earnings per share in three straight quarters and seven of the last 10 quarters overall.

Guidance from the company calls for first-quarter revenue of $8.5 billion to $8.9 billion and earnings per share of $1.66 to $1.82.

Read Also: Ahead Of Trump’s Return To White House, US Approves $406M Grant For Taiwan’s Chipmaker GlobalWafers

What Analysts Are Saying: First-quarter financial results should meet or beat analyst estimates, Wedbush analyst Matt Bryson said in a new investor note.

The analyst said Micron’s first quarter benefitted from favorable pricing and product mixes. The second quarter could be tougher to meet or beat estimates.

“We believe some of this pressure could be offset by mix, meaning risk to our current FQ2 forward estimates might be relatively modest,” Bryson said.

Outside of the second quarter, Bryson expects a strong back half of Micron’s fiscal year due to “favorable memory economics.”

“We believe sentiment on memory was extremely negative creating room for a potential sharp move upwards in the stock should MU results/guidance roughly fit the expectations.”

A more favorable product mix and signs of normalization of memory inventory could also benefit Micron in the future.

“We don’t have a strong view on MU into the print, but believe the company is well positioned heading into 2025.”

Stifel recently reiterated a Buy rating with a $135 price target ahead of Micron’s earnings print also.

Key Items to Watch: Micron’s report comes as the semiconductor sector has been in focus in 2024. Leader Nvidia has fallen in recent days while Broadcom soared after its earnings report.

Micron shares received a boost after the White House invested $6.1 billion for new advanced memory chip facilities was announced.

The semiconductor industry has been a prime sector for government investments to help support U.S. jobs and growing the market share of the sector in the country to lessen the need for imports from other countries.

Investors and analysts will be closely watching Wednesday’s report for more color on government support and commentary on the next White House administration set to begin in 2025.

The company’s next fiscal year will also be a key focus for investors and analysts with an update on guidance after the first quarter.

“We are entering fiscal 2025 with the best competitive positioning in Micron’s history. We forecast record revenue in fiscal Q1 and a substantial revenue record with significantly improved profitability in fiscal 2025,” Micron CEO Sanjay Mehrota said after the fourth-quarter financial results.

Investors and analysts will be looking for the same optimism Wednesday.

Price Action: Micron stock is up 1% to $108.82 on Tuesday, versus a 52-week trading range of $78.63 to $157.54. Micron stock is up 32% year-to-date in 2024.

Read Next:

• Nvidia, AMD, Taiwan Semi Gain As Broadcom’s Q4 Performance Sparks Sector-Wide Surge

Image: Shutterstock

Global Payments (NYSE:GPN) has outperformed the market over the past 20 years by 2.47% on an annualized basis producing an average annual return of 10.86%. Currently, Global Payments has a market capitalization of $29.15 billion.

Buying $1000 In GPN: If an investor had bought $1000 of GPN stock 20 years ago, it would be worth $7,761.02 today based on a price of $113.55 for GPN at the time of writing.

Global Payments’s Performance Over Last 20 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:XLY)	SPDR Select Sector Fund – Consumer Discretionary	239.73	1.05	0.43	2.5K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	239.73	-1.71	-0.71	37.2K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	49.24	-0.21	-0.43	42.3K
(NYSE:XLB)	Materials Select Sector SPDR	88.11	-0.33	-0.38	2.1K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	100.99	-0.34	-0.34	930
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	87.00	-0.26	-0.30	15.1K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	137.18	-0.37	-0.27	306
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	76.85	-0.17	-0.23	4.3K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	81.50	-0.11	-0.14	377
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	139.15	-0.16	-0.12	3.9K

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.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	101.51	0.57	0.56	633
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	42.98	0.15	0.35	1.5K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	236.23	0.74	0.31	475
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	77.84	0.20	0.25	1.8K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	239.59	0.54	0.22	11.9K
(NYSE:XLB)	Materials Select Sector SPDR	89.40	0.17	0.19	402
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	137.57	0.14	0.10	953
(NYSE:XLF)	SPDR Select Sector Fund – Financial	49.56	0.02	0.04	14.6K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	141.05	0.06	0.04	4.5K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	82.0000	-0.04	-0.05	641
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	89.1799	-0.04	-0.05	2.7K

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.