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49ers QB Brock Purdy remains severely limited by injury to his throwing shoulderPalantir Technologies Inc PLTR stock surged an eye-popping 350% year-to-date. But just as retail investors celebrate their portfolios swelling, company insiders — including CFO David A. Glazer and CTO Shyam Sankar — are selling millions of dollars worth of shares. What Happened : In December alone, Glazer sold $23 million worth of shares, while Sankar offloaded a staggering $367.9 million following an exercise of stock options. Even CEO Alex Karp joined the selling spree last month, cashing in $132.8 million worth of shares. Despite the eye-catching totals, these transactions represent a tiny fraction of their overall holdings. So, are they losing faith — or just diversifying? Read Also: Super Micro Drops Below 50-Day Average, Faces Nasdaq 100 Removal Just Months After Entry PLTR Stock’s Bullish Trend From a technical perspective, Palantir’s stock seems unshakable. Chart created using Benzinga Pro It's trading well above its eight-day, 20-day, 50-day and 200-day moving averages, signaling robust bullish momentum. The Moving Average Convergence Divergence (MACD) indicator, at 5.30, screams “bullish.” Yet, the Relative Strength Index (RSI) is at 66.20, teetering on overbought territory. What’s Next : The charts suggest the stock has more room to climb. But with the stock price 313% higher than a year ago, some are questioning how much gas is left in the tank. So, should you ride the wave or cash in like the execs? While Palantir's future may still be dazzling, history shows insider selling is often a cue to exercise caution—or at least re-evaluate your risk appetite. Read Next: Jim Cramer Highlights ‘Cult Stocks’ Like Tesla, Palantir, Netflix As 2025 Investment Strategy Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Carnival's Options Frenzy: What You Need to Know

LANGHORNE, Pa.--(BUSINESS WIRE)--Dec 23, 2024-- Savara Inc. (Nasdaq: SVRA), a clinical stage biopharmaceutical company focused on rare respiratory diseases, today announced the grant of inducement awards to five new employees. On December 20, 2024, the Compensation Committee of Savara's Board of Directors granted the inducement awards to five new employees who recently joined the Company. The inducement awards consist of options to purchase an aggregate of 100,000 shares of the Company’s common stock and restricted stock units (RSUs) covering an aggregate of 100,000 shares of the Company’s common stock. These equity awards were granted under the Savara Inc. 2021 Inducement Equity Incentive Plan pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules as an inducement material to the employees’ acceptance of employment with the Company. The options have an exercise price of $3.23 per share, the closing trading price of the Company's common stock on the NASDAQ Global Market on the grant date. Each option has a 10-year term and vests as to 1/16 th of the number of shares subject to the option on each quarterly anniversary of the employee’s first day of employment, subject to the employee’s continued employment on each such vesting date. The RSUs vest in full on the two-year anniversary of the employee’s first day of employment, subject to the employee’s continued employment on such vesting date. About Savara Savara is a clinical stage biopharmaceutical company focused on rare respiratory diseases. Our lead program, MOLBREEVI*, is a recombinant human granulocyte-macrophage colony-stimulating factor (GM-CSF) in Phase 3 development for autoimmune pulmonary alveolar proteinosis (aPAP). MOLBREEVI is delivered via an investigational eFlow ® Nebulizer System (PARI Pharma GmbH). Our management team has significant experience in rare respiratory diseases and pulmonary medicine, identifying unmet needs, and effectively advancing product candidates to approval and commercialization. More information can be found at www.savarapharma.com , X: @SavaraPharma , LinkedIn: www.linkedin.com/company/savara-pharmaceuticals/ ). *MOLBREEVI is the FDA and EMA conditionally accepted trade name for molgramostim inhalation solution. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223814372/en/ CONTACT: Media and Investor Relations Contact Savara Inc. Temre Johnson, Executive Director, Corporate Affairs ir@savarapharma.com KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BIOTECHNOLOGY FDA HEALTH PHARMACEUTICAL CLINICAL TRIALS SOURCE: Savara Inc. Copyright Business Wire 2024. PUB: 12/23/2024 04:05 PM/DISC: 12/23/2024 04:07 PM http://www.businesswire.com/news/home/20241223814372/enBob Lee was known for his contributions in the tech industry. The CashApp creator’s 2023 death made headlines, as Lee was stabbed in San Francisco by Nima Momeni. Now that Momeni has been convicted of second-degree murder in connection with the death of Lee, many want to learn more about Lee’s life and career. Since he was a successful businessman and hardworking engineer, Lee built a strong net worth and public image. Who Was Bob Lee? Lee, a Missouri native, was best recognized for his contributions in the technology industry. He helped create CashApp, the widely used digital wallet, and he went on to work as the chief technology officer at Square (now known as Block, Inc) and the chief product officer at MobileCoin. Before he became a successful businessman, Lee worked his way up. The late entrepreneur reportedly worked as a web developer for his alma mater, Southeast Missouri State University, then as a technical architect at AT&T. Later, Lee landed a software engineering position at Google in the early 2000s. BREAKING: A tech executive has been found guilty in a San Francisco courtroom for the murder of Cash App founder Bob Lee. Prosecutors said Nima Momeni stabbed Lee three times with a kitchen knife after driving him to a secluded area in April 2023. https://t.co/gGea7nHIGY — ABC News (@ABC) December 17, 2024 What Was Bob Lee’s Net Worth? Before he died in 2023, Lee had a net worth of $10 million, according to The U.S. Sun . Was Bob Lee Married? Lee was married to his wife, Krista Lee , until 2019. They were separated when he died in 2023, and the couple share two children together, according to CBS News . What Happened to Bob Lee? In April 2023, Lee was fatally stabbed while walking down Main Street in Rincon Hill, San Francisco. He was seen in security footage stumbling to a parked car to show his wound. He collapsed when the car drove away. After authorities found him unconscious, Lee was rushed to a hospital but died from his injuries. He was 43 years old. Momeni was eventually convicted of second-degree murder for Lee’s death, according to NBC News . Prosecutors argued that Momeni planned to kill Lee because he was frustrated with Lee for introducing Momeni’s sister, Khazar Elyassnia , to a drug dealer. However, Momeni claimed that Lee attacked him first with a knife, causing Momeni to act in self-defense. Momeni is facing a prison sentence up to 16 years to life, according to The New York Times .

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Fort Lauderdale, FL, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (Nasdaq: RIME) ("Algorhythm” or the "Company”), an AI-driven technology and consumer electronics holding company today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 24,067,388 of the Company's common stock, par value $0.01 per share (the "Common Stock”) at a purchase price of 0.0831 per share in a registered direct offering priced at-the-market under Nasdaq rules. The aggregate gross proceeds to the Company of this offering are expected to be approximately $2 million. The transaction is expected to close on or about December 18, 2024, subject to the satisfaction of customary closing conditions. Univest Securities, LLC is acting as the sole placement agent. The registered direct offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-269183) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission ("SEC”) on January 20, 2023. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov . Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Univest Securities, LLC at [email protected] , or by calling +1 (212) 343-8888. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus will be filed by the Company and, upon filing, can be obtained at the SEC's website at www.sec.gov . About Algorhythm Holdings, Inc. Algorhythm Holdings, Inc. is a holding company with two primary investments. First, the Company owns SemiCab Holdings, an emerging leader in the AI-enabled global logistics industry. Second, the Company owns The Singing Machine Company, the worldwide leader in the consumer karaoke industry. SemiCab is a cloud-based Collaborative Transportation Platform built to achieve the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. To orchestrate collaboration across manufacturers, retailers, distributors, and their carriers, SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners. To build fully loaded round trips, SemiCab uses AI/ML predictions and advanced predictive optimization models. On the SemiCab platform, shippers pay less and carriers make more while not having to change a thing. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address these common supply-chain problems globally. SemiCab's Orchestrated Collaboration TM AI model has proven to increase transportation capacity, improve asset utilization, reduce empty miles, lower logistics costs, and provide visibility into the entire transportation network. Models show the technology has the capability of saving shippers tens of billions of dollars annually through optimization. Further, SemiCab's technology also has the potential to play a key role in the improved sustainability model globally. Based on its proven ability to improve truck utilization rates from 65% to over 90%, this results in a dramatic reduction in the carbon footprint of the industry. The optimization of existing truck utilization can add approximately 30% more trucking capacity without adding more trucks, drivers or driven miles which addresses common problems plaguing the industry like severe driver shortage and road congestion. Trucking optimization could also eliminate approximately 25% of CO2 emissions attributable to road freight. For additional information regarding SemiCab: http://www.semicab.com The Singing Machine Company, Inc. is the worldwide leader in consumer karaoke products. Based in Fort Lauderdale, Florida, and founded over forty years ago, the Company designs and distributes the industry's widest assortment of at-home and in-car karaoke entertainment products. Their portfolio is marketed under both proprietary brands and popular licenses, including Carpool Karaoke and Sesame Street. Singing Machine products incorporate the latest technology and provide access to over 100,000 songs for streaming through its mobile app and select WiFi-capable products and is also developing the world's first globally available, fully integrated in-car karaoke system. The Company also has a new philanthropic initiative, CARE-eoke by Singing Machine, to focus on the social impact of karaoke for children and adults of all ages who would benefit from singing. Their products are sold in over 25,000 locations worldwide, including Amazon, Costco, Sam's Club, Target, and Walmart. To learn more, go to www.singingmachine.com . Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may,” "will,” "expect,” "anticipate,” "aim,” "estimate,” "intend,” "plan,” "believe,” "potential,” "continue,” "is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission. Investor Relations Contact: [email protected] www.algoholdings.com

Retail stocks resilient to Trump tariffs: top picks for investorsAlexis Mac Allister and substitute Cody Gakpo got the goals as Liverpool beat Champions League holders Real Madrid 2-0 at Anfield to make it five wins from as many games in the league phase for Arne Slot’s men. The Reds took the lead when Mac Allister played a one-two with Conor Bradley and slotted past Thibaut Courtois seven minutes into the second half. Real had the chance to equalise with a penalty just past the hour, but Kylian Mbappe saw his strike saved by Caoimhin Kelleher. 🛑🛑🛑 pic.twitter.com/bUR6j4xtT5 — Liverpool FC (@LFC) November 27, 2024 There was then an unsuccessful spot-kick from the hosts as Mohamed Salah missed from 12 yards, before Gakpo popped up with a 76th-minute header from Andy Robertson’s cross as the Merseysiders recorded a first win over Real in 15 years and gained some revenge for their defeats in the 2018 and 2022 finals. While Liverpool top the table, Carlo Ancelotti’s Real are down in 24th place – the final play-offs berth – with just six points from their five matches. Aston Villa are outside the top eight on goal difference after a 0-0 draw with Juventus in which Morgan Rogers had a stoppage-time finish for the hosts ruled out for a foul, with Villa goalkeeper Emiliano Martinez having earlier made a fantastic save to deny Francisco Conceicao. Celtic, lying 20th, drew 1-1 at home with Club Brugge thanks to a curling Daizen Maeda strike that cancelled out a remarkable own goal by Cameron Carter-Vickers, who passed back without looking to send the ball into the net. Borussia Dortmund moved into the top eight with 3-0 win at Dinamo Zagreb, where Jamie Gittens, Ramy Bensebaini and Serhou Guirassy got on the scoresheet. A point apiece on matchday five in the Champions League. #AVLJUV || #UCL pic.twitter.com/rtjBsmYsO7 — Aston Villa (@AVFCOfficial) November 27, 2024 Monaco dropped to eighth after suffering their first loss of the league phase, 3-2 at home to Benfica. Despite having Wilfried Singo sent off just prior to the hour mark, the French side took the lead for a second time via Soungoutou Magassa in the 67th minute, only for late goals from Arthur Cabral and Zeki Amdouni to give Benfica all three points. Lille, in 12th, have the same amount of points as Monaco and Villa thanks to a 2-1 win at Bologna, with Ngal’Ayel Mukau notching a brace. PSV Eindhoven, now 18th, produced a dramatic late turnaround to beat 10-man Shakhtar Donetsk 3-2 at home. The visitors led 2-0 through Danylo Sikan and Oleksandr Zubkov before having Pedrinho sent off in the 69th minute, and PSV then hit back with three goals in the closing stages, Malik Tilman scoring in the 87th and 90th and Ricardo Pepi then notching the winner in the fifth minute of stoppage time. Red Star Belgrade registered their first win of the league phase by thrashing Stuttgart 5-1, as did Sturm Graz, beating Girona 1-0.