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A close-up of the Workday logo on its headquarters in Pleasanton, California. Smith Collection | Archive Photos | Getty Images Workday shares jumped almost 10% in extended trading on Friday after S&P Dow Jones Indices said the cloud software vendor will be added to the S&P 500. It will replace Amentum Holdings on the index effective Dec. 23, according to a statement . The index has picked up a handful of other prominent technology stocks this year, including Dell and Palantir . Workday, founded in 2005 and based in Pleasanton, California, went public on the New York Stock Exchange in 2012. In 2017 Workday switched its listing to the technology-centric Nasdaq. In November, Workday delivered $193 million in net income on $2.16 billion in quarterly revenue, which was up 16% year over year. In each fiscal year until 2022, Workday had reported losses. Inflation and higher interest rates were making investors less interested in backing unprofitable companies, and many software executives understood they had to reduce costs. To be eligible for inclusion in the prominent U.S. index, companies need to show a profit in the most recent quarter, along with profit in the four most recent quarters. In February, Carl Eschenbach, a former VMware operating chief and Sequoia Capital investor, became Workday's sole CEO after being co-CEO since late 2022 alongside Aneel Bhusri, a co-founder. It's normal for stocks to go higher on news of their arrival in a prominent index, as fund managers need to rebalance their portfolios to reflect index changes. While more tech companies have been joining the index, not all of them have proven to be money makers for investors who track the benchmark. Server maker Super Micro was added to the S&P 500 in March after a huge rally in the stock, driven by demand for Nvidia -based servers. The shares peaked soon after that but then tumbled in the ensuing months after the company failed to file its financials on time. The stock is about 60% off its peak, and the company said on Friday that it received an extension from Nasdaq to keep its listing. This is breaking news. Please refresh for updates.WA Day Festival attendees can meet their favourite 7NEWS presenters and get a chance to win Scorchers ticketsHave $2,000? These 2 Stocks Could Be Bargain Buys for 2025 and Beyond

REDWOOD CITY, Calif., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced the approval of equity grants to five new employees as approved by the Compensation Committee of Codexis’ Board of Directors. The newly hired employees received equity awards consisting of an aggregate of (i) options to purchase 168,400 shares of Codexis common stock and (ii) 39,750 restricted stock units (RSUs) as inducement awards under the company’s 2024 Inducement Plan. The stock options have an exercise price equal to the closing price per share of Codexis’ common stock as reported by Nasdaq on the grant date, and vest over four years, with 25 percent of the shares vesting on the first anniversary of the vesting commencement date, and the remainder vesting ratably at the end of each subsequent month thereafter, subject to each employee’s continued service with Codexis through the applicable vesting dates. The RSUs will vest in equal annual installments on each anniversary of the grant date, until the third anniversary of such date, subject to each employee’s continued service with Codexis through the applicable vesting dates. Codexis is providing this information in accordance with Nasdaq Listing Rule 5635(c)4. About Codexis Codexis is a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing that leverages its proprietary CodeEvolver ® technology platform to discover, develop and enhance novel, high-performance enzymes and other classes of proteins. Codexis enzymes solve for real-world challenges associated with small molecule pharmaceuticals manufacturing and nucleic acid synthesis. The Company is currently developing its proprietary ECO SynthesisTM manufacturing platform to enable the scaled manufacture of RNAi therapeutics through an enzymatic route. Codexis’ unique enzymes can drive improvements such as higher yields, reduced energy usage and waste generation, improved efficiency in manufacturing and greater sensitivity in genomic and diagnostic applications. For more information, visit https://www.codexis.com . For More Information Investor Contact Carrie McKim (336) 608-9706 ir@codexis.com Media Contact Lauren Musto (650) 421-8205 media@codexis.com

Tesla Inc TSLA is the top stock pick in the automotive sector for 2025, Morgan Stanley analysts led by Adam Jonas said in a note covering electric vehicles (EVs). Tesla Top Stock Pick: Jonas’ note came ahead of Tesla hitting new all-time highs Wednesday. Jonas reiterated an Overweight rating on Tesla and raised the price target from $310 to $400. "Elon Musk's entry into the political sphere has expanded investor thinking around Tesla's fundamental outlook," Jonas said of Tesla CEO Elon Musk. Tesla stock rallied since the 2024 presidential election. The big question is whether the move is temporary or the start of more to come. "Will Tesla begin to play a greater role in the US renewable/autonomous industrial complex?" Jonas asks. Jonas said client conversation see enthusiasm for AI, data centers, renewable energy and robotics. The conversations acknowledge that it's important for the U.S. to be a leader in these sectors, Jonas added. "Based on our discussions, at least, Tesla is very frequently excluded from the potential paths of expression in a portfolio." Tesla's total addressable market outside of its core automotive market is likely to expand. It might not be included in financial models for the stock, Jonas said. Jonas said there could be risks on Tesla's autonomous vehicles and more items over time. But the close relationship between Musk and President-elect Donald Trump could prove key to unlocking value. Government and industrial partnerships could prove key for growth in EVs, autonomous vehicles and robotics, Jonas added. "Elon Musk's emergence from a political ‘outsider' to having a voice in potential policies may, at some level, accelerate Tesla's journey beyond autos." You may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — check out five stocks flying under the radar that deserve your attention. Other Auto Picks: Outside of Tesla, Jonas and team see a "bumpy road" ahead for EVs and autonomous vehicles. "The US election result has extended the ‘ICE is Nice' trade for a bit longer but keep on the lookout for hidden value in the EV ecosystem into the 2H," Jonas said. Jonas upgraded General Motors GM from Underweight to Equal-Weight and raised the price target from $46 to $54. The analyst said smaller EV companies could be the most at risk with the new administration. Trump promised to end EV credits . "While Tesla may see share gain long term even with a less supportive EV regulatory backdrop, smaller scale EV start-ups Rivian and Lucid may see greater risks to production." Jonas has an Equal-Weight rating on Rivian Automotive RIVN and an Underweight rating on Lucid Group LCID . Rivian's valuation has the appropriate risk/reward for the balance between trying to achieve profitability and trying to get value out of its technology, the analyst added. Price Action : Tesla stock closed Wednesday 5.93% higher at $424.77, hitting new all-time highs of $424.88 during the trading session. Tesla stock is up 71% year-to-date in 2024. Read Next: Tesla Q3 Earnings Highlights: EPS Beat, Revenue Miss, Shares Climb On 2025 Timeline For Lower-Cost EVs Image created using artificial intelligence via Midjourney. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Who doesn’t love the idea of earning steady, high income from their stock investments? Whether the stock market is rallying or pulling back, high-yield tend to continue rewarding investors with consistent cash flow. This is because dividend-paying companies are usually established players with a strong track record of returning value to shareholders. In this article, I’ll introduce you to two high-yield Canadian dividend stocks paying over 6% right now and explain why they could be excellent additions to your income-focused portfolio. Gibson Energy stock The first high-yield dividend stock in my list is ( ). This Calgary-headquartered energy company mainly focuses on midstream oil and gas operations, which include storing, transporting, and marketing crude oil and refined products. After rallying by over 19% so far in 2024, GEI stock currently trades at $34.03 per share with a of $3.9 billion. At this market price, it offers a 6.8% annualized dividend yield. This impressive dividend yield of over 6% is backed by Gibson’s strong financial and operational performance as it continues to ensure stability even in a challenging economic environment. For example, the company’s infrastructure segment, which now makes up over 85% of its business, registered a 7% year-over-year increase in its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) in the latest quarter ended in September 2024. As a result, Gibson’s adjusted EBITDA margin also expanded to 5.2% last quarter compared to 4.6% a year ago. This growth was mainly fueled by record crude volumes at its Edmonton Terminal, supported by connections to key pipelines like the Trans Mountain Expansion. Another key factor that makes Gibson an attractive, high-yield dividend stock to buy now is its solid cash flow and disciplined approach to shareholder returns. Despite a slight dip in distributable cash flow in the most recent quarter, the company maintained a conservative dividend payout ratio of 65%. Moreover, Gibson’s strong portfolio of strategic assets across Canada and the United States could help it post strong financial growth in the coming years, which should also help its share prices appreciate in value. Veren stock Besides Gibson Energy, ( ), which was earlier known as Crescent Point Energy, could be a high-yield dividend stock Canadian investors may want to consider on the dip right now. After witnessing 22% value erosion year to date, VRN stock currently trades at $7.15 per share with a market cap of $4.4 billion. These declines, however, have made the company’s dividend yield even more attractive, currently at 6.2%. Despite some production hiccups due to unplanned downtime and facility constraints this year, Veren has maintained a disciplined approach to capital allocation. In the third quarter, the company generated $114 million in excess cash flow and expects to achieve $625 million for the full year. Interestingly, it has managed to reduce its net debt by $1.3 billion so far in 2024, reflecting its focus on strengthening its balance sheet. Moreover, Veren’s top assets, like Alberta Montney and Kaybob Duvernay, are continuing to pay off, with a strong performance from top-tier wells and efficiency gains in its drilling techniques, brightening its long-term growth outlook.

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Students explore nature and sustainability with Maine Local Living SchoolAMMAN — Minister of State for Economic Affairs and Head of Government of Economic Team Muhannad Shehadeh stressed that the government has a realistic economic programme and a clear vision, and its decisions aim at achieving growth to be reflected on improving the quality of life and generating job opportunities, and sustainability based on the strategic approach of Economic Modernization Vision (EMV). The meeting was attended by the Minister of Finance Abdul Hakim Shibli, and Minister of Government Communication and Government Spokesman Mohammad Momani, in addition to economic programmes' presenters, heads of economic departments and economic news editors, from various media outlets. During the meeting, Shehadeh reiterates that economic measures and decisions, taken by the government since its formation of about 60 days, aim to stimulate economic growth and overcome the consequences of the political situation in the region and the world. Shehadeh stressed that the government is also committed to overcoming all obstacles and bureaucratic complications, while balancing expenditures and money collection on one hand, and moving forward with major investment projects on the other hand, to reach the desired economic growth. He pointed out that in order to reach that, it must be in line with the vision, which includes eight engines, 35 sectors and 360 economic measures related to its aspects and sectors. He explained that achieving economic growth requires the government to facilitate indirect spending, reduce the trade balance deficit, attract investments and support the purchasing power of citizens, thus contributing to increasing the GDP, which currently amounts at JD36 billion. He also pointed out that the government has already begun to facilitate spending through a number of measures and decisions it has taken related to customs, tax and princely funds, in order to provide indirect financial liquidity for citizens that can be injected into the local market to contribute to the revitalisation of economic activity. He pointed out that the funds pending today with the customs and related customs revenues exceed JD300 million, stressing that the settlement of these issues will reflect on the money circulation in the economy. He explained that the government's decision regarding medical tourism, whether in terms of allowing nationalities to enter the Kingdom, or the opening of direct airlines, came with the aim of restoring momentum to this important service sector, calling on the private sector to exploit these facilities and work to attract expatriates for treatment purposes in the Kingdom. He pointed out that the government's decision to exempt fees and fines on vehicles which their licenses have expired for more than a year amounting to more than 550,000 unlicensed vehicles, entailing JD332 million as fees. Shehadeh also noted that the government's decision on the amended bylaw of exempting profits, of exports of goods and services, from income tax for the year 2024, came in line with the EMV to ensure the continued growth of the service sectors, especially the information technology sector, which represents one of the main drivers of the vision. He stressed that the decision will also contribute to the revival of other service sectors, especially for engineers, lawyers, consultation, the information technology sector and others, and it is also part of the EMV to generate more job opportunities for Jordanians, explaining that the services sector constitutes 60 per cent of GDP. He also praised the banking sector's step toward reducing interest by 4.99 per cent on housing loans for 3 consecutive years, after the government's decision, describing it as positive as it will stimulate other economic sectors. He pointed to the major investment projects that will be implemented as part of the EMV, foremost of which is the "National Carrier", where the financial closure of the project during the next year will contribute to activate several economic sectors throughout the Kingdom and reflect on the development aspect. He pointed out that the other project is the "Railway from Aqaba to Shidia and Ghor Al-Safi", which will contribute to reducing transport fees, raising the competitiveness and level of services and improving the performance of companies, in addition to being an integrated solution for the truck sector, expecting that the first quarter of next year will witness the signing of final agreements related to it. He also addressed the issue of "indebtedness", stressing that the government is committed to manage the internal and external debt in "the best way", and there are many scenarios in this regard, including replacing part of the debt with soft loans and lower interest rates through the Kingdom's close and strong relationships with countries, in addition to the low interest rates in the world. He stressed that His Majesty King Abdullah's recent meeting with Arab and foreign investors sends a strong message that investment in Jordan reflects high confidence in monetary policies, which are the backbone of investment and employers. Finance Minister Abdul Hakim Shibli stressed that the budget is realistic, and the government is determined, despite the hard region circumstances, to reduce the deficit in the public budget as well as the public debt, in addition to securing budget allocations for the implementation of major projects, such as the national carrier and the railway. He explained that the current budget has maintained all guarantees that concern citizens, especially with regard to subsidising bread, barley and gas cylinders. Shibli added that the current budget increased the share of capital projects to JD1.469 billion. He pointed out that the draft budget law estimated public revenues at about JD10233 million, of which JD9498 million are local revenues and JD734 million are external grants, indicating that the draft budget has set realistic estimates of revenues in a way that contributes to managing the development process efficiently. Shibli explained that the budget draft included an increase in allocations for the National Aid Fund's (NAF) social protection network, and a 50 per cent increase in allocations for the University Student Support Fund, in addition to securing necessary allocations to support strategic food commodities, as well as indirect support for essential services and facilities in the fields of water, electricity, and health. He pointed out that the government relied on a "Real Economic Growth Rate" of 2.5 per cent for the next year and a "Nominal Economic Growth Rate" of about 4.9 per cent during the formulation of the current budget, while maintaining moderate inflation rates, which would contribute to enhancing financial and monetary stability. Regarding the "expenditure Items" in the general budget, Shibli indicated that the budget allocated at approximately JD11042 million, and capital expenditures at approximately JD1468 million, with an increase of 16.5 per cent compared to its re-estimated level for the current year 2024.

‘Gov’t has realistic economic programme, clear vision to achieve growth, improve Jordanians’ living conditions’

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As the Black Friday Week is officially here, Amazon is offering great deals on Apple’s latest 2024 MacBook Pro models equipped with the new M4/M4 Pro chips . Released just weeks ago in early November, these laptops are available at their lowest prices ever (they’ve actually never been discounted until now) which makes this an terrific opportunity for anyone looking to invest in high-performance technology. Apple never provides any direct discounts on its website or in its retail stores, and it makes these Amazon promotions the only way to save on the new MacBook Pro M4 models. It’s quite unexpected to see such significant price reductions so soon after launch. We recommend you to act quickly before stock runs out. The “entry-level” model is the 14.2-inch MacBook Pro featuring the M4 chip , and it comes with 16GB of unified memory and a 512GB SSD: originally priced at $1,599, it is now available for just $1,399, representing a great 13% savings . See MacBook Pro M4 / 16GB / 512GB at Amazon For those needing more power, the 14.2-inch MacBook Pro with the M4 Pro chip is an excellent choice. This model features a robust 12-core CPU and a 16-core GPU, along with 24GB of RAM and a 512GB SSD. Priced at $1,749, down from $1,999 , this configuration is great for professionals who need enhanced processing capabilities for demanding tasks such as video editing or software development. See MacBook Pro M4 Pro 14′′ / 24GB / 512GB at Amazon For users who need additional storage, the 14.2-inch MacBook Pro with the M4 Pro chip is also available with a larger 1TB SSD. This model is priced at $2,099, down from $2,399 . With its powerful specifications and enhanced storage capacity, it caters to professionals who work with large files or require extensive software libraries. See MacBook Pro M4 Pro 14′′ / 24GB / 1TB at Amazon The larger 16.2-inch MacBook Pro with the M4 Pro chip offers even greater performance with a 14-core CPU and a 20-core GPU. This model includes 24GB of unified memory and a 512GB SSD and is now available for $2,199 instead of $2,499 . The expansive display provides ample screen real estate for multitasking and creative work. See MacBook Pro M4 Pro 16′′ / 24GB / 512GB at Amazon Power, Power and Power All models feature Apple’s innovative M4/M4 Pro chip architecture that significantly enhances performance while maintaining energy efficiency. The M4 chips improve CPU and GPU performance but they also integrate advanced AI capabilities through Apple Intelligence. This allows for faster processing of machine learning tasks and improved graphics rendering. Battery life remains one of the much appreciated feature across all models – with Apple advertising up to 24 hours of usage on a single charge —which is an industry-leading achievement for laptops. The combination of powerful hardware and optimized software (thanks to this Apple-developed chips) ensures that users can work throughout the day without needing to recharge frequently. A great aspect of these Black Friday deals is that Amazon offers an extended return policy allowing customers to return products until January 31, 2025. This extended timeframe makes it easier for shoppers to purchase gifts without worrying about immediate returns after the holiday season. But as these deals are the first discounts seen on these new models, the stock is likely to diminish very quickly. See MacBook Pro M4 / 16GB / 512GB at Amazon See MacBook Pro M4 Pro 14′′ / 24GB / 512GB at AmazonPete Hegseth, President-elect Donald Trump’s choice to be defense secretary, is joined by his wife Jennifer Rauchet as he speaks with reporters after meeting with Sen. Susan Collins, R-Maine, on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) Sen. Susan Collins, R-Maine, speaks with reporters after meeting with Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, arrives for a meeting with Sen. Bill Cassidy, R-La., on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, is joined by his wife Jennifer Rauchet as he speaks with reporters after meeting with Sen. Susan Collins, R-Maine, on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) WASHINGTON (AP) — Pete Hegseth, President-elect Donald Trump’s nominee to lead the Defense Department, said he had a “wonderful conversation” with Maine Sen. Susan Collins on Wednesday as he pushed to win enough votes for confirmation. He said he will not back down after allegations of excessive drinking and sexual misconduct. Collins said after the hourlong meeting that she questioned Hegseth about the allegations amid reports of drinking and the revelation that he made a settlement payment after being that he denies. She said she had a “good, substantive” discussion with Hegseth and “covered a wide range of topics,” including sexual assault in the military, Ukraine and NATO. But she said she would wait until a hearing, and notably a background check, to make a decision. “I asked virtually every question under the sun,” Collins told reporters as she left her office after the meeting. “I pressed him both on his position on military issues as well as the allegations against him, so I don’t think there was anything that we did not cover.” The meeting with Collins was closely watched as she is seen as more likely than most of her Republican Senate colleagues to vote against some of Trump’s Cabinet picks. She and Alaska Sen. Lisa Murkowski, a fellow moderate Republican, did not shy from opposing Trump in his first term when they wanted to do so and sometimes supported President Joe Biden’s nominees for the judicial and executive branches. And Hegseth, an infantry combat veteran and former “Fox & Friends” weekend host, is working to gain as many votes as he can as some senators have expressed concerns about his personal history and lack of management experience. “I’m certainly not going to assume anything about where the senator stands,” Hegseth said as he left Collins’ office. “This is a process that we respect and appreciate. And we hope, in time, overall, when we get through that committee and to the floor that we can earn her support.” Hegseth met with Murkowski on Tuesday. He has also been meeting repeatedly with Iowa Sen. Joni Ernst, a military veteran who has said she is a survivor of sexual assault and has spent time in the Senate working on improving how attacks are reported and prosecuted within the ranks. On Monday, Ernst said after a meeting with him that he had committed to selecting a senior official to prioritize those goals. Republicans will have a 53-49 majority next year, meaning Trump cannot lose more than three votes on any of his nominees. It is so far unclear whether Hegseth will have enough support, but Trump has stepped up his pressure on senators in the last week. “Pete is a WINNER, and there is nothing that can be done to change that!!!” Trump posted on his social media platform last week.