AP News Summary at 1:32 p.m. ESTPure Storage, Inc. ( NYSE:PSTG – Get Free Report ) CRO Dan Fitzsimons sold 8,895 shares of the business’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $64.11, for a total transaction of $570,258.45. Following the sale, the executive now directly owns 72,927 shares of the company’s stock, valued at $4,675,349.97. This represents a 10.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Pure Storage Stock Performance NYSE:PSTG opened at $63.65 on Friday. Pure Storage, Inc. has a 52 week low of $34.32 and a 52 week high of $70.41. The company has a fifty day simple moving average of $56.44 and a two-hundred day simple moving average of $57.04. The company has a quick ratio of 1.74, a current ratio of 1.77 and a debt-to-equity ratio of 0.07. The company has a market cap of $20.76 billion, a price-to-earnings ratio of 167.50, a price-to-earnings-growth ratio of 7.69 and a beta of 1.13. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently bought and sold shares of the stock. Franklin Resources Inc. boosted its stake in shares of Pure Storage by 210.2% in the 3rd quarter. Franklin Resources Inc. now owns 2,553,402 shares of the technology company’s stock valued at $137,628,000 after buying an additional 1,730,123 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Pure Storage by 22.5% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 4,063,776 shares of the technology company’s stock worth $204,163,000 after acquiring an additional 747,034 shares during the last quarter. State Street Corp grew its holdings in Pure Storage by 6.5% during the 3rd quarter. State Street Corp now owns 10,262,666 shares of the technology company’s stock worth $515,596,000 after acquiring an additional 626,427 shares in the last quarter. World Investment Advisors LLC purchased a new stake in shares of Pure Storage in the 3rd quarter valued at approximately $20,470,000. Finally, FMR LLC raised its holdings in shares of Pure Storage by 0.8% in the 3rd quarter. FMR LLC now owns 49,153,797 shares of the technology company’s stock valued at $2,469,487,000 after purchasing an additional 368,643 shares in the last quarter. 83.42% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Check Out Our Latest Stock Report on PSTG About Pure Storage ( Get Free Report ) Pure Storage, Inc engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Further Reading Receive News & Ratings for Pure Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pure Storage and related companies with MarketBeat.com's FREE daily email newsletter .
Yankees open to trading for Astros' Kyle Tucker
Shares of GraniteShares 2x Long COIN Daily ETF ( NASDAQ:CONL – Get Free Report ) gapped down prior to trading on Thursday . The stock had previously closed at $45.08, but opened at $43.60. GraniteShares 2x Long COIN Daily ETF shares last traded at $43.60, with a volume of 1,162,101 shares trading hands. GraniteShares 2x Long COIN Daily ETF Stock Down 6.3 % The stock’s 50 day moving average price is $48.92 and its two-hundred day moving average price is $40.51. Institutional Investors Weigh In On GraniteShares 2x Long COIN Daily ETF Several hedge funds and other institutional investors have recently added to or reduced their stakes in CONL. Citigroup Inc. acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF in the 3rd quarter valued at about $8,079,000. SG Americas Securities LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF during the third quarter valued at approximately $122,000. Finally, IMC Chicago LLC acquired a new position in GraniteShares 2x Long COIN Daily ETF in the third quarter valued at approximately $2,412,000. About GraniteShares 2x Long COIN Daily ETF The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares. Recommended Stories Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter .
Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is dropped
New rules for hiring immigrantsCybercrime expert explains how to guard against new scammer tacticsFor the first time ever, Taliban reps were invited to the big U.N. climate conference
CHARLOTTE, N.C. (AP) — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. “Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them,” Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's “take-it-or-leave-it” final offer on a new revenue sharing agreement. All other 13 teams signed the deal. Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as “open” teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was “primarily related to our ongoing lawsuit with NASCAR,” Freeze said. “NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit,” Freeze said. “NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved.” A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing “new circumstances” in a renewed motion for an injunction and of a “coordinated effort behind the scenes.” “This is completely false,” Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. “23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing,” Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. “It is not hypocritical to operate within the only system available while striving for excellence and contending for championships,” he continued. “It is a necessity because NASCAR’s monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level.” AP auto racing: https://apnews.com/hub/auto-racingAfter weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey , U.S. Senator Chuck Schumer is urging the federal government to deploy better drone-tracking technology to identify and ultimately stop the airborne pests. The New York Democrat is calling on the Department of Homeland Security to immediately deploy special technology that identifies and tracks drones back to their landing spots, according to briefings from his office. Schumer’s calls come amid growing public concern that the federal government hasn’t offered clear explanations as to who is operating the drones, and has not stopped them. National security officials have said the drones don’t appear to be a sign of foreign interference. “There’s a lot of us who are pretty frustrated right now,” said Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, on Fox News Sunday. “The answer ‘We don’t know’ is not a good enough answer.” President-elect Donald Trump posted on social media last week: “Can this really be happening without our government’s knowledge? I don’t think so. Let the public know, and now. Otherwise, shoot them down.” What do we know about the mysterious drones reported flying over New Jersey? Dozens of witnesses have reported seeing drones in New Jersey starting in November. 3 days ago Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, U.S. Secretary of Homeland Security Alejandro Mayorkas told ABC’s George Stephanopoulos on Sunday. “But we need those authorities expanded,” he said, without saying exactly how. The drones don’t appear to be linked to foreign governments, Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter,” Mayorkas said. Last year, federal aviation rules began requiring certain drones to broadcast their identities. It’s not clear whether that information has been used to determine who is operating the drones swarming locations in New York and New Jersey. Mayorkas’ office didn’t immediately respond to questions about whether they’ve been able to identify drones using this capability. Schumer is calling for recently declassified radar technology to be used to help determine whether an object is a drone or a bird, identify its electronic registration, and follow it back to its landing place. New York Gov. Kathy Hochul on Sunday said federal officials were sending a drone detection system to the state. “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed. Dozens of mysterious nighttime flights started last month over New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. Get daily updates from WHYY News! The free WHYY News Daily newsletter delivers the most important local stories to your inbox. WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.
Fantasy Baseball: Kyle Tucker goes to Cubs in trade that clears Matt Shaw's path, raises Isaac Paredes' value
Key Trends in the Smart Farm Management Software Market with Insights from Boumatic LLC, Trimble, Raven Industries, AG Leader Technology, Sst Development Group, Topcon Positioning Systems, Delaval, IterisShohei Ohtani and wife expecting first childThomas added seven rebounds for the Bears (6-8). Kameron Hobbs scored 21 points while going 8 of 12 from the floor, including 2 for 5 from 3-point range, and 3 for 4 from the line and added five assists. Marland Harris had nine points and shot 4 of 5 from the field. Nolan Dorsey led the way for the Fighting Camels (5-6) with 21 points and six rebounds. Jasin Sinani added 16 points, six rebounds and four assists for Campbell. Israel Yaw also had 10 points. Thomas scored nine points in the first half and Morgan State went into halftime trailing 33-31. Thomas' 18-point second half helped Morgan State finish off the 10-point victory. Up next for Morgan State is a matchup Sunday with Iowa State on the road. Campbell hosts Longwood on Wednesday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .