에 대한 최신 뉴스 Carvana (NYSE:CVNA) 주식

Carvana

Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.

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아마존닷컴(NASDAQ:AMZN)은 화요일에 아마존 오토(Amazon Autos)의 출시를 발표했다. 미국 48개 도시의 자동차 구매자들은 지역 딜러를 통해 새로운 현대차를 직접 주문하고, 금융 지원을 받으며, 픽업 일정을 예약할 수 있다.

아마존 오토: 온라인으로 다음 차(새로운 현대차)를 구매, 클릭만으로 가능

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CNBC &#39;매드 머니&#39;의 진행자 짐 크레이머는 최근 2024년에 크게 상승한 10개의 주식을 검토하면서 투기성이 높지만 현명한 투자라고 평가했다. CNBC는 수요일 크레이머가 올해 상당한 성장세를 보인 10억 달러 이상 가치의 주식 10종목을 선정했다고 보도했다.

짐 크레이머 &#34;로켓랩, 팔란티어, 카바나 등 10개 &#39;거품&#39; 주식 200% 이상 상승&#34;: 높은 장기 수익 내려면?

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카바나(NYSE:CVNA)는 수요일 시장 마감 후 3분기 재무 결과를 발표했다. 이 발표로 주가는 시간외 거래에서 약 20% 급등했다. 다음은 3분기 주요 지표이다.

카바나의 주식은 강력한 3분기 실적 발표로 시간외 거래에서 약 20% 급등

Carvana Co

Mark Cuban, the serial entrepreneur and investor best known for his role on &#8220;Shark Tank,&#8221; had a surprisingly simple goal when he became a millionaire: avoid <a href="https://www.benzinga.com/news/24/12/42380812/mark-cuban-shares-the-one-thing-he-splurged-on-after-striking-it-rich-im-not-a-big-spender">spending all his money at once</a>.
What Happened: After selling his software company, MicroSolutions, for $6 million in 1990 and pocketing about $2 million after taxes, Cuban adopted a conservative investment approach to preserve his newfound wealth.
"I want you to invest for me like a 60-year-old. I don't want you to invest like I'm young, because I want to live off this for a long time," Cuban recalled telling his broker at the time and <a href="https://www.youtube.com/watch?v=oEK2063FPLw">shared</a> this in a recent interview.
This strategy, along with his frugal lifestyle, allowed him to safeguard his wealth while still enjoying occasional splurges.
Cuban's modest upbringing as the son of an automobile upholsterer near Pittsburgh shaped his cautious approach to money. 
Even after becoming a millionaire, he lived below his means, buying "the worst house in the best neighborhood" and steering clear of flashy cars. 
"By the time I sold MicroSolutions, I had just bought the worst house in the best neighborhood, but I wasn't big into that. I wasn't big into cars. I wanted to live like a student and just have fun," Cuban said. 
However, one notable indulgence was a $125,000 lifetime pass with American Airlines, which he used to "party like a rock star" across cities with his friends.
Also Read: <a href="https://www.benzinga.com/news/24/10/41196856/heres-how-mark-cubans-drunken-splurge-of-125-000-turned-into-a-profitable-investment">Mark Cuban Drunkenly Bought A $125,000 Lifetime Flight Pass And Turned It Into A Profitable Investment</a>
His financial perspective shifted dramatically in 1999 when he sold his second company, Broadcast.com, for $5.7 billion. The windfall gave Cuban the freedom to take more significant risks, a mindset he has carried into his investing career. 
Cuban has said that smart risks are essential to building wealth, reflecting his evolution from a cautious millionaire to a bold billionaire.
Today, Cuban focuses on his family and running Cost Plus Drugs, his pharmaceutical startup aimed at lowering prescription drug costs. While his days of lavish partying are behind him, he remains dedicated to making a positive impact. "I think less about making money and more about direction and&#8230;benefit[ing] as many Americans as I can," Cuban said during the interview.
Read Next
<a href="https://www.benzinga.com/news/24/11/41703723/mark-cubans-million-dollar-advice-to-teens-if-i-were-16-again-id-start-this-lucrative-side-hustle">Mark Cuban&#8217;s Million-Dollar Advice To Teens: &#8216;If I Were 16 Again, I&#8217;d Start This Lucrative Side Hustle&#8217;</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Success Stories

Mark Cuban's Wealth Journey: 'I Want to Live Off This for a Long Time'

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) stock escalated 33.88% after the company and Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) announced that primary endpoints were met in the Phase 2b trial of Duvakitug for <a href="https://www.benzinga.com//node/42531132" target="_blank" rel="noreferrer noopener">ulcerative colitis and Crohn&#8217;s disease</a>.</li>
<li>Klaviyo, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>) shares surged 12.85%.</li>
<li>Olive Garden parent Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) stock rose 12.54% after the company reported better-than-expected second-quarter EPS and <a href="https://www.benzinga.com//node/42585797" target="_blank" rel="noreferrer noopener">issued an FY25 revenue outlook</a>. Several analysts raised the <a href="https://www.benzinga.com/quote/dri/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) shares upped 10.91%. Stephens &amp; Co. initiated coverage with an Equal-Weight rating and <a href="https://www.benzinga.com/quote/docs/analyst-ratings" target="_blank" rel="noreferrer noopener">a price forecast of $55</a>.</li>
<li>Birkenstock Holding plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) shares increased 9.70% after the company reported better-than-expected fourth-quarter financial results and issued FY25 guidance. Several analysts raised <a href="https://www.benzinga.com//node/42599431" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) stock upped 7.30% after the company reported better-than-expected <a href="https://www.benzinga.com//node/42553094" target="_blank" rel="noreferrer noopener">first-quarter EPS and revenues</a>. Several analysts raised <a href="https://www.benzinga.com/quote/jbl/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Neurocrine Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>) stock rose 6.88%. The FDA approved Crenessity (crinecerfont) capsules and oral solution as an adjunctive treatment to glucocorticoid replacement to control androgens in adult and pediatric patients four years of age and older with <a href="https://www.benzinga.com//node/42508449" target="_blank" rel="noreferrer noopener">classic congenital adrenal hyperplasia (CAH).</a></li>
<li>GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) stock was up 6.54% last week, continuing strength from Q3 earnings.</li>
<li>Dr. Reddy&#8217;s Laboratories Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDY#NYSE">RDY</a>) stock increased 6.29%.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) shares upped 6.13% last week.</li>
</ol>
Photo by Sundry Photography via Shutterstock

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Teva Pharmaceutical, Li Auto, And Darden Restaurants Are Among Top Large Cap Gainers Last Week (December 16-20): Are The Others In Your Portfolio?

Elon Musk wasn't always the polarizing figure we see today in climate discussions. Once <a href="https://www.benzinga.com/news/24/04/38131745/cathie-wood-hails-elon-musks-visionary-impact-hes-transforming-the-world-saving-humanity-from-itself">celebrated</a> as a green-tech pioneer, Musk was vocal about the urgent need to combat climate change. In 2006, he described Tesla's mission as a way to "help expedite the move from a mine-and-burn hydrocarbon economy toward a solar electric economy." In 2015, he warned of the devastating consequences of delaying this transition. &#8220;The worst case,&#8221; he said, &#8220;is more displacement and destruction than all the wars in history combined.&#8221;
At the time, Musk painted a grim picture of the future if humanity failed to act. He specifically talked about the dangers of rising sea levels, warning that <a href="https://www.benzinga.com/real-estate/24/06/39420775/coastal-home-values-plunge-as-rising-seas-erode-market-confidence">oceanfront property</a> would become &#8220;a lot less valuable&#8221; as floods destroyed homes and businesses.&nbsp;
Don't Miss:
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<li>Unlock the hidden potential of commercial real estate —<a href="https://equitymultiple.com/benzinga?invite=benzinga&amp;utm_campaign=product-promotion-earn&amp;utm_source=yahooFinance&amp;utm_medium=affiliate&amp;utm_content=unlockboost-yahoo"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a></li>
<li>Deloitte's fastest-growing software company partnered with Amazon, Walmart &amp; Target announces the deadline to invest this year is 12/20. –  <a href="https://www.benzinga.com/money/mode-mobile-y2">Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>
In his first appearance on the Joe Rogan Podcast in 2018, Musk <a href="https://www.youtube.com/live/ycPr5-27vSI?si=uZaTXr2yTpuqmwVD&amp;t=5041">stressed</a> how strong the scientific agreement on climate change is, saying, &#8220;The scientific consensus is overwhelming. I mean, I don&#8217;t know any serious scientists – zero, literally zero – who don&#8217;t think that we have quite a serious climate risk that we&#8217;re facing.&#8221;&nbsp;
His past concerns align with findings from a Climate Central study, which revealed that nearly 650,000 parcels of oceanfront property in the U.S. currently sitting on dry land will be at least partially submerged within 30 years due to rising sea levels. This shift will <a href="https://www.benzinga.com/real-estate/24/03/37566436/the-list-of-us-cities-at-risk-of-destruction-because-of-rising-sea-levels-is-frightening-to-contempl">devastate property owners</a> and strain cities and counties that rely on property taxes to fund schools, emergency services and utilities.
See Also: This Jeff Bezos-backed startup will allow you to <a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=byerscta100">become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.</a>
Insurance giant Swiss RE warned in 2021 that climate change could cut the world economy by $23 trillion in 2050, equivalent to 14 percent of global economic output.
Fast forward to today and Musk's rhetoric on climate change has undergone a dramatic shift. In an August conversation with Donald Trump on X, Musk downplayed the urgency of transitioning away from fossil fuels, suggesting the world has "plenty of time" to act.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Many on the left and fake news have created another hoax that Trump was "slurring his words" during the X Spaces conversation with <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> Here is the full recording proving them wrong again <a href="https://t.co/vrVcRKpu60">pic.twitter.com/vrVcRKpu60</a>
&mdash; Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) <a href="https://twitter.com/TrumpDailyPosts/status/1823821120237396379?ref_src=twsrc%5Etfw">August 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl-y2"> you can become an investor for $0.80 per share today.</a>
He even described the risk of climate change as &#8220;not as high as a lot of people say it is,&#8221; framing the issue in terms of discomfort from high CO2 levels instead of catastrophic dangers scientists have long warned about. This change in attitude has left people wondering why Musk, who once called for urgent action, now seems so dismissive.
Musk's pivot has not gone unnoticed. Critics point to his embrace of right-wing politicians and climate denialism as a key factor. On X (formerly Twitter), a platform he owns, climate scientists have been leaving in droves, citing a surge in misinformation about global warming. Musk's partner in DOGE, the prospective agency <a href="https://www.benzinga.com/politics/24/11/41962372/trumps-doge-with-musk-at-the-helm-riddled-with-conflicts-of-interest-says-clinton-era-official-robert-reich">tasked with cutting government costs</a>, Vivek Ramaswamy, previously called climate change a &#8220;hoax.&#8221;
Musk&#8217;s behavior presents a conflicting image. On the one hand, Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has revolutionized the electric vehicle market and Musk&#8217;s endeavors, such as the $100 million <a href="https://www.xprize.org/prizes/carbonremoval">Xprize</a> for carbon removal, demonstrate his dedication to creative solutions. However, his personal carbon footprint undermined his message, as his private jet logged a whopping 441 flights in 2023, emitting 5,159 tonnes of CO2, according to JetSpy.
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://equitymultiple.com/benzinga?invite=benzinga&amp;utm_campaign=product-promotion-earn&amp;utm_source=yahooFinance&amp;utm_medium=affiliate&amp;utm_content=stockmarket-yahoo"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
Then there's his claim that CO2 levels would only become a problem at 1,000 parts per million (ppm), much higher than today's <a href="https://climate.nasa.gov/vital-signs/carbon-dioxide/">420 ppm</a>. Scientists quickly debunked this, explaining that society would collapse long before CO2 reached those levels, as extreme weather, rising sea levels and food shortages would create chaos. Musk's mix-up of indoor air quality standards with outdoor atmospheric CO2 measurements shows a serious misunderstanding of basic science.
This evolution – or perhaps devolution – has left many wondering: What changed? Some suggest Musk's interests now lie more in maintaining relationships in conservative circles than in driving climate advocacy. For example, President-elect Donald Trump said climate change is not "the biggest threat" and claimed it would create "more oceanfront property." Others speculate that his sprawling business empire and the demands of his ventures have pulled him away from his once-clear mission.
Read Next:
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<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-y2">The deadline to invest and receive your shares this year is 12/20. Join 30,000+ shareholders and invest at $0.26/share today.</a></li>
<li><a href="https://www.benzinga.com/go/arrived-private-credit-yf">Arrived Home's Private Credit Fund&#8217;s has historically paid an annualized dividend yield of 8.1%&#x2A;</a>, which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum.<a href="https://www.benzinga.com/go/arrived-private-credit-yf"> </a></li>
</ul>

TSLA

Before His 180 On Climate Change, Elon Musk Advocated For Action, Cautioning That Oceanfront Real Estate Values Would Plummet

A Reddit user's late-night post has people thinking twice about their financial choices. The poster, who's been at the same job for a decade, shared a raw and relatable confession:
"I wish I had spent the past 10 years investing in BTC instead of 401(k). Pretty much the title. I just got off work, from a job I've grown to hate over the past year or two."
They went on to explain their situation. While their job pays well and comes with perks, it's physically taking a toll. Facing an uncertain future – possibly heading into short-term disability – they had a sobering realization:
Don't Miss:
<ul>
<li>The number of ‘401(k)' Millionaires is up 43% from last year —<a href="https://www.benzinga.com/money/401k-millionaires"> Here are three ways to join the club.</a></li>
<li>The #1 crypto trading app in America is hosting a ‘$50 in free bitcoin' offer to new sign ups (Seriously!) — <a href="http://coinbase-consumer.sjv.io/m5ALXy">Here's everything you need to know to take advantage of this offer.</a></li>
</ul>
"I would be retiring this year if I had invested $1 for $1 into BTC vs. my 401(k)."
For context, let's break down the math. In December 2014, Bitcoin was trading at just over $320. Fast-forward to today and Bitcoin's value has skyrocketed, hovering around $100,000. That's an increase of over 31,200%.
On the other hand, the average 401(k) grows at a steady rate of about 5-8% annually, which is solid but nowhere near the explosive gains of Bitcoin during the past decade. To make things even more tempting, $1,000 invested in Bitcoin in 2014 would now be worth over $312,000. A $10,000 investment would now be worth $3,125,000.&nbsp;
One commenter on the Reddit thread put it perfectly: "This post in 10 years and Bitcoin is $10 million; everyone will be saying, ‘I wish I put more in when it was under 100k. History repeats.'" Another chimed in with a more conservative guess, saying, "Surely it's gonna be more like 1mil, not 10mil."
See Also: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.
Of course, hindsight is 20/20. Bitcoin's success story is impressive but it <a href="https://www.benzinga.com/personal-finance/24/12/42510681/mark-cuban-says-hed-take-bananas-over-bitcoin-because-he-could-eat-the-bananas-calls-crypto-so-complicated-for-99-of-people">hasn't been a smooth ride</a>. Its price has swung wildly, leaving many investors holding their breath during crashes.
One commenter in the Reddit thread dropped an important reminder: "Unless you had a few thousand Bitcoin, you'd have probably lost your hard drive, had your account stolen or lost it to investment sites like FTX. Or maybe you sold it at the peak of $2,000 or invested in a bad coin."
Still, this Reddit post taps into a broader sentiment: the tension between <a href="https://www.benzinga.com/general/24/03/37513063/warren-buffett-says-he-wouldnt-pay-25-for-all-the-bitcoin-in-the-world-he-considers-crypto-rat-poiso">traditional, "safe" investing</a> and the allure of taking risks that might pay off in life-changing ways.
As the original post gained traction, it resonated with many people. Maybe it's because it's not just about money – it's about the dreams and regrets we all wrestle with when thinking about our futures.
Trending: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
While it's easy to get caught up in the "should have" and "I wish" mindset, what matters is what you do next.
If this post hit a nerve, consider how you can make smarter financial moves now. Diversify your investments, start small and focus on consistency over time. Above all, only invest what you can afford to lose – whether in stocks, crypto or any other asset.
Most importantly, before making major financial decisions, <a href="https://www.benzinga.com/money/are-you-rich">consult a financial advisor</a>. They can help you balance your goals, risk tolerance and current resources to create a plan that works for you. After all, the best investment strategy isn't about chasing the past – it's about building a future you can feel confident in.
Read Next:
<ul>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>

Personal Finance

'I Wish I Had Spent Past 10 Years Investing In Bitcoin Instead Of A 401(k)' – Man Nearing Retirement Realizes He'd Have Millions Saved Now

In a significant move to bolster the domestic semiconductor industry, the U.S. Commerce Department has approved a $406 million grant for Taiwan's&nbsp;GlobalWafers. This funding is aimed at enhancing silicon wafer <a target="_blank" href="https://www.benzinga.com/tech/24/12/42525551/ahead-of-trumps-return-to-white-house-us-approves-406m-grant-for-taiwans-chipmaker-globalwafers" rel="noreferrer noopener">production within the United States</a>.
Senate minority leader&nbsp;Mitch McConnell&nbsp;(R-Ky.) submitted an amicus brief to the Supreme Court, urging the rejection of&nbsp;TikTok's&nbsp;request to delay <a target="_blank" href="https://www.benzinga.com/24/12/42568430/senate-minority-leader-mcconnell-urges-supreme-court-to-reject-tiktoks-delay-request-pushing-for-january-ban-amid-first-amendment-debate" rel="noreferrer noopener">a law that could ban the app in January</a>.
Smartphones
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&nbsp;is reportedly gearing up to launch a redesigned&nbsp;AirTag&nbsp;in 2025 with better <a target="_blank" href="https://www.benzinga.com/media/24/12/42501665/apples-2025-airtag-to-feature-iphone-15s-ultrawide-band-chip-for-smarter-longer-range-tracking-report" rel="noreferrer noopener">tracking capabilities and range</a>.
Apple is reportedly planning to launch foldable iPhones <a target="_blank" href="https://www.benzinga.com/media/24/12/42500942/apple-eyes-2026-to-launch-foldable-iphones-and-ultralight-devices-as-it-looks-to-revitalize-sales-momentum-report" rel="noreferrer noopener">and ultralight devices by 2026</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42513402/apples-2025-bull-case-can-it-deliver-without-riding-the-ai-wave" rel="noreferrer noopener">Apple&#8217;s 2025 Bull Case: Can It Deliver Without Riding The AI Wave?</a>
New leaks have emerged, offering a glimpse into the design of the upcoming&nbsp;Samsung Electronics Co.&#8217;s<a target="_blank" href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max" rel="noreferrer noopener">&nbsp;</a>(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) <a target="_blank" href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max" rel="noreferrer noopener">Galaxy S25 Ultra</a><a target="_blank" href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max" rel="noreferrer noopener">&nbsp;and&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max" rel="noreferrer noopener">S25+</a>.
Apple and&nbsp;NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;have announced a collaboration for the improvement in the <a target="_blank" href="https://www.benzinga.com/24/12/42568204/nvidia-and-apple-team-up-to-supercharge-llms-with-redrafter-technique" rel="noreferrer noopener">performance of large language models</a>.
Apple has slammed&nbsp;Meta Platforms, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) for its numerous requests to access iPhone-maker's software tools, <a target="_blank" href="https://www.benzinga.com/media/24/12/42569325/apple-slams-metas-interoperability-demands-cites-privacy-risks-instagram-parent-fires-back-cupertinos-assertions-have-no-basis-in-reality" rel="noreferrer noopener">citing potential privacy and security risks</a>.
Apple is reportedly engaging in discussions with&nbsp;Tencent&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) and TikTok's parent company,&nbsp;ByteDance, to integrate their <a target="_blank" href="https://www.benzinga.com/news/24/12/42569744/apple-reportedly-in-talks-with-tencent-tiktok-parent-bytedance-to-roll-out-ai-features-in-china" rel="noreferrer noopener">AI&nbsp;models into iPhones sold in&nbsp;China</a>.
Technology &amp; Social Media
Microsoft Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has reportedly acquired nearly twice as many&nbsp;Nvidia AI chips as its closest competitors. This strategic investment is aimed at bolstering its AI capabilities,<a target="_blank" href="https://www.benzinga.com/tech/24/12/42547442/microsof-scoops-up-485000-nvidia-ai-chips-twice-as-many-as-its-closest-rival-meta-report" rel="noreferrer noopener"> particularly for its Azure cloud services</a>.
Meta&nbsp;unveiled much-anticipated updates to its&nbsp;Ray-Ban&nbsp;smart glasses. It rolled out three new features for its Ray-Ban smart glasses:<a target="_blank" href="https://www.benzinga.com/24/12/42524192/metas-ray-ban-smart-glasses-can-now-be-your-chef-linguist-and-dj-whats-next-therapist" rel="noreferrer noopener"> live AI, live translations, and&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/12/42524192/metas-ray-ban-smart-glasses-can-now-be-your-chef-linguist-and-dj-whats-next-therapist" rel="noreferrer noopener">Shazam</a>.&nbsp;
Meta&#8217;s CEO&nbsp;Mark Zuckerberg&nbsp;said that&nbsp;Instagram&#8217;s Threads&nbsp;has reached a milestone <a target="_blank" href="https://www.benzinga.com/general/social-media/24/12/42525426/threads-reaches-100-million-daily-active-users-as-meta-capitalizes-on-exodus-from-elon-musks-x-to-alternative-platforms" rel="noreferrer noopener">of 100 million daily active users</a>.
Instagram&nbsp;head&nbsp;Adam Mosseri&nbsp;raised concerns about the growing challenge of distinguishing between real and AI-generated <a target="_blank" href="https://www.benzinga.com/24/12/42501178/meta-warns-ai-generated-content-can-be-a-threat-as-instagram-boss-suggests-always-considering-who-it-is-that-is-speaking" rel="noreferrer noopener">images on social media platforms</a>.
Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/technicals/24/12/42509206/soundhound-ai-soars-over-700-short-squeeze-potential-has-traders-talking" rel="noreferrer noopener">SoundHound AI Soars Over 700%: Short Squeeze Potential Has Traders Talking</a>
On Monday, President-elect&nbsp;Donald Trump&nbsp;reportedly met with TikTok CEO&nbsp;Shou Zi Chew&nbsp;at Mar-a-Lago, Florida, as the company seeks intervention from the U.S. <a target="_blank" href="https://www.benzinga.com/general/social-media/24/12/42522134/trump-meets-tiktok-ceo-shou-zi-chew-at-mar-a-lago-as-platform-urges-supreme-court-to-block-looming-ban" rel="noreferrer noopener">Supreme Court to prevent a looming ban</a>.
Read: <a target="_blank" href="https://www.benzinga.com/tech/24/12/42525899/elon-musk-reacts-after-sundar-pichai-shares-veo-2-as-google-looks-to-challenge-openais-sora-in-ai-video-race-looks-impressive" rel="noreferrer noopener">Elon Musk Reacts After Sundar Pichai Shares Veo 2 As Google Looks To Challenge OpenAI&#8217;s Sora In AI Video Race: &#8216;Looks Impressive&#8217;</a>
PDD Holdings‘&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) Temu app has once again secured the top position as the most downloaded free app on Apple's U.S. iOS store, marking its second <a target="_blank" href="https://www.benzinga.com/tech/24/12/42527567/pdds-temu-tops-ios-downloads-in-us-while-trump-wants-to-impose-100-tariffs-on-chinese-imports" rel="noreferrer noopener">consecutive year at the summit</a>.
Microsoft CEO&nbsp;Satya Nadella&nbsp;shared insights about the transformative impact of AI throughout 2024, <a target="_blank" href="https://www.benzinga.com/24/12/42546621/elon-musk-agrees-as-satya-nadella-reflects-on-ais-global-impact-in-2024-from-cancer-research-to-rainforest-conservation-and-more" rel="noreferrer noopener">with which&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/12/42546621/elon-musk-agrees-as-satya-nadella-reflects-on-ais-global-impact-in-2024-from-cancer-research-to-rainforest-conservation-and-more" rel="noreferrer noopener">Elon Musk</a><a target="_blank" href="https://www.benzinga.com/24/12/42546621/elon-musk-agrees-as-satya-nadella-reflects-on-ais-global-impact-in-2024-from-cancer-research-to-rainforest-conservation-and-more" rel="noreferrer noopener">&nbsp;agrees</a>.
Elon Musk&nbsp;has once again expressed his disapproval of hashtags on&nbsp;X, formerly&nbsp;Twitter, describing <a target="_blank" href="https://www.benzinga.com/general/social-media/24/12/42547615/elon-musk-reiterates-hashtags-are-ugly-and-useless-on-x-even-though-ceo-linda-yaccarino-tried-to-make-them-trendy-again" rel="noreferrer noopener">them as "ugly" and redundant</a>.
Artificial Intelligence (AI)
Marc Andreessen&nbsp;has lauded&nbsp;OpenAI's Sora&nbsp;video model, suggesting it may have resolved a<a target="_blank" href="https://www.benzinga.com/tech/24/12/42501018/marc-andreessen-praises-openais-sora-video-model-we-may-have-basically-just-solved-the-fundamental-challenge-of-robotics" rel="noreferrer noopener"> significant challenge in robotics</a>.
OpenAI&nbsp;announced that it is extending the&nbsp;ChatGPT Search&nbsp;engine to all users, including those on the free tier. The AI search engine was initially <a target="_blank" href="https://www.benzinga.com/tech/24/12/42523020/chatgpt-search-goes-free-openai-challenges-googles-unbroken-search-dominance" rel="noreferrer noopener">launched for paid subscribers in October</a>.
Mondelez International&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>) has been leveraging AI to speed up recipe development<a target="_blank" href="https://www.benzinga.com/24/12/42545590/oreo-ai-cookie-magic-how-mondelez-is-using-tech-to-whip-up-snack-perfection" rel="noreferrer noopener"> and improve flavor profiles</a>.
Grammarly Inc.&#8217;s acquisition of Coda has received a thumbs-up&nbsp;from&nbsp;LinkedIn&nbsp;co-founder&nbsp;Reid Hoffman.&nbsp;The writing assistant company will now be led <a target="_blank" href="https://www.benzinga.com/tech/24/12/42546973/grammarly-acquires-coda-linkedin-co-founder-reid-hoffman-applauds-move" rel="noreferrer noopener">by the new CEO,&nbsp;</a><a target="_blank" href="https://www.benzinga.com/tech/24/12/42546973/grammarly-acquires-coda-linkedin-co-founder-reid-hoffman-applauds-move" rel="noreferrer noopener">Shishir Mehrotra</a>.
OpenAI&nbsp;has unveiled a new feature that lets users call&nbsp;ChatGPT&nbsp;for free, offering a 15-minute call per month through the <a target="_blank" href="https://www.benzinga.com/24/12/42569479/openai-takes-a-page-from-googles-2007-playbook-by-turning-phones-into-an-ai-hotline-with-toll-free-number-1-800-chatgpt" rel="noreferrer noopener">toll-free number&nbsp;</a><a target="_blank" href="https://www.benzinga.com/24/12/42569479/openai-takes-a-page-from-googles-2007-playbook-by-turning-phones-into-an-ai-hotline-with-toll-free-number-1-800-chatgpt" rel="noreferrer noopener">1-800-CHATGPT</a>.
Read: <a target="_blank" href="https://www.benzinga.com/24/12/42553029/apples-iphone-16-stumbles-on-intelligence-awareness-but-pro-max-shines-bright-says-analyst" rel="noreferrer noopener">Apple&#8217;s iPhone 16 Stumbles On &#8216;Intelligence&#8217; Awareness, But Pro Max Shines Bright: Analyst</a>
Perplexity AI, backed by&nbsp;Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder&nbsp;Jeff Bezos,&nbsp;secured $500 million in funding&nbsp;led by Institutional Venture Partners, <a target="_blank" href="https://www.benzinga.com/tech/24/12/42570376/jeff-bezos-backed-perplexity-raises-500-million-tripling-its-valuation-to-9-billion-as-competition-with-google-and-openai-heats-up" rel="noreferrer noopener">tripling its valuation to $9 billion</a>.

AAPL

MDLZ

MSFT

NVDA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

SSNLF

TCEHY

Instagram Concerned About Challenge In Distinguishing Real And AI-Generated Images, Apple To Launch Foldable iPhone By 2026 & More: Consumer Tech News (December 16-20)

Bill Ackman once sought insights from Berkshire Hathaway's chairman Warren Buffett about the investment appeal of the Salomon Brothers.
What Happened: At the 1994 Berkshire Hathaway annual meeting, Ackman, then a young hedge fund manager, raised a critical question about Salomon Brothers.
He directed his question to Buffett, asking, "What is the appeal of the business to you, given its leverage of 30-to-1 and relatively modest returns on equity?"
Buffett responded thoughtfully, acknowledging the high leverage involved but underscoring the importance of leadership in managing such risks.
The Oracle of Omaha praised the efforts of Salomon&#8217;s leaders, including Deryck Maughan, Bob Denham, and John McFarlane, who navigated the company through challenging times without prior discussions on compensation or guarantees.
See Also: <a href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max?itm_source=parsely-api">Samsung Galaxy S25 Ultra And S25+ Leaks Feature Sleek Curved Design And Slimmer Bezels Than Apple&#8217;s iPhone 16 Pro Max</a>
&#8220;The test will be whether they control the business in a way that leverage doesn't prove dangerous,&#8221; Buffett stated, noting that businesses using significant leverage should expect higher returns on equity, given the inherent risk, but that successful management of that risk was paramount.
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Why It Matters: Salomon Brothers, founded in 1910, was a major player on Wall Street, renowned for its fixed-income trading.
In 1987, the bond trading firm revealed a $70 million loss from debt related to its junk bond trading activities. This set off a chain of events that contributed to the 1987 market crash, although other factors also played a role in the market&#8217;s downturn.
Salomon traders were caught submitting fraudulent bids for Treasury bonds in violation of trading regulations.
Just before the scandal, Buffett had invested $700 million in Salomon Brothers. The controversy resulted in a loss of one-third of his investment.
To restore order during the turmoil, Buffett took control of the company for nine months, methodically removing those involved in the scandal.
By the time the firm was stabilized, it had been sold to&nbsp;Travelers Companies Inc.&nbsp;Buffett had&nbsp;walked away with a substantial profit, as his <a href="https://www.benzinga.com/news/16/09/8483241/warren-buffett-weathered-the-salomon-brothers-scandal-whats-that-mean-for-wells-f">investment had more than doubled</a>.
Travelers Group merged Salomon Brothers with Smith Barney, creating Salomon Smith Barney, which later became part of Citigroup following the 1998 merger between Travelers and Citicorp.
Over time, Citigroup integrated and eventually dismantled the Salomon Smith Barney brand. By the mid-2000s, Salomon Brothers ceased to exist as a standalone entity.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photos courtesy: Wikimedia and Shutterstock

Bill Ackman Once Asked A $700 Million Question To Warren Buffett On Leverage. The Oracle Of Omaha's Response Shows Where He Places Trust When He Invests In A Company

On Friday, the U.S. Food and Drug Administration approved Eli Lilly and Co.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) weight loss drug Zepbound for treating sleep apnea
What Happened: The FDA&#8217;s decision makes Zepbound the first approved drug treatment for patients with obesity and moderate-to-severe obstructive sleep apnea, or OSA.
&#8220;Too often, OSA is brushed off as &#8216;just snoring,'&#8221; said Julie Flygare, CEO of Project Sleep, in Eli Lilly&#8217;s press release. The condition affects an estimated 80 million Americans, with 20 million experiencing moderate-to-severe forms.
See Also: <a href="https://www.benzinga.com/24/12/42291702/obesity-drug-wars-heat-up-amgen-challenges-eli-lilly-novos-dominance">Weight Loss Drug Wars Heat Up: Amgen Challenges Eli Lilly, Novo&#8217;s Dominance</a>
In a separate release, the FDA underscored that Zepbound should be used in conjunction with a reduced-calorie diet and increased physical activity for optimal results.
The approval could significantly impact insurance coverage for Zepbound, potentially including Medicare, which currently restricts coverage for obesity drugs unless approved for additional health benefits, <a href="https://www.cnbc.com/2024/12/20/fda-approves-eli-lillys-weight-loss-drug-zepbound-for-sleep-apnea.html">noted</a> CNBC.
This development also gives Eli Lilly an edge over competitor Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>), whose Wegovy isn&#8217;t approved for sleep apnea treatment.
Why It Matters: Zepbound's effectiveness was demonstrated in clinical trials. Results showed that nearly half of patients treated with the highest dose experienced disease resolution, the report noted.
This was defined by a significant reduction in their apnea-hypopnea index (AHI), a key metric in diagnosing OSA.
The approval also comes as Eli Lilly continues to <a href="https://www.benzinga.com/24/12/42370795/investments-in-eli-lillys-production-capabilities-reaches-23-billion-with-additional-3-billion-expansion-at-us-facility">expand its manufacturing capabilities</a>, including a $3 billion investment in Kenosha County, Wisconsin in December, to meet the growing demand for its diabetes and obesity medicines.
In October, Eli Lilly reported <a href="https://www.benzinga.com/general/biotech/24/10/41622207/eli-lilly-q3-earnings-mounjaro-sales-more-than-double-takes-2-98-billion-hit-to-profit-cuts-annua">third-quarter revenue</a> of $11.44 billion, a 20% increase year-over-year, but missed expectations of $12.10 billion. Zepbound generated $1.26 billion.
Price Action: As per <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, LLY shares increased by 1.35% to $767.76 on Friday. So far this year, LLY has risen by 29.65%.
The latest ratings from B of A Securities, Wolfe Research, and Deutsche Bank set an average price target of $1,004, indicating a potential upside of 30.77%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/LLY/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/21033911/Screenshot-2024-12-21-at-2.09.01%E2%80%AFPM-1024x374.png" alt="" class="wp-image-702686" /></a></figure>
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Health Care

Eli Lilly's Zepbound Receives FDA Approval For Obesity-Linked Sleep Apnea Drug

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has been accused by Rosa DeLauro of pressuring Republicans to abandon key U.S.-China investment restrictions to safeguard the EV giant's business interests in China.
What Happened: In a letter on Friday, DeLauro, the top Democrat on the House Appropriations Committee, stated that Musk used his influence to have Republicans scrap provisions aimed at regulating U.S. investments in China, reported Reuters.
She pointed to Musk's "extensive investments in China in key sectors" and alleged ties to Chinese Communist Party or CCP leadership.
The controversy centers on Tesla's Shanghai gigafactory, which produces about 50% of Tesla's global automobile output.
See Also: <a href="https://www.benzinga.com/24/12/42633974/tesla-cybertruck-units-reportedly-found-with-cell-dent-issues-ev-giant-starts-replacing-battery-packs">Tesla Cybertruck Units Reportedly Found With Cell Dent Issues: EV Giant Starts Replacing Battery Packs</a>
DeLauro argued that Musk's actions jeopardized critical legislation to safeguard U.S. supply chains and national security, accusing him of &#8221; bullying Republicans into going back on their words."
Musk, in turn, criticized DeLauro on X, formerly Twitter, calling for her expulsion from Congress.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This awful creature needs to be expelled from Congress! Ugh …
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1870233561753633123?ref_src=twsrc%5Etfw">December 20, 2024</a></blockquote>
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Why It Matters: Tesla has seen robust sales in China, bolstered by strong demand for its Model Y and Model 3 vehicles. In November, <a href="https://www.benzinga.com/markets/equities/24/12/42438591/teslas-china-sales-recover-model-y-accounts-for-over-60-of-november-sales">Tesla's retail sales in China</a> reached 73,490 units, showing a significant recovery from earlier challenges in 2024.
The EV giant also faces stiff competition from local players like BYD Co., which leads the market, but Tesla's steady increase in weekly insurance registrations—21,900 units in early December—<a href="https://www.benzinga.com/news/global/24/12/42284511/tesla-china-sees-robust-demand-in-q4-with-registrations-up-14-2-yoy-so-far-expert-says-ev-giant-on-track-for-best-quarter-ever">signals growing momentum</a>.
Tesla reported <a href="https://www.benzinga.com/news/earnings/24/10/41501607/tesla-q3-earnings-highlights-eps-beat-revenue-miss-shares-climb-on-2025-timeline-for-lower-cost-evs">third-quarter revenue</a> of $25.18 billion marking an 8% year-over-year growth. While the company missed Wall Street estimates, automotive revenue reached $20 billion, up 2% year-over-year.
DeLauro's accusations highlight broader concerns about the risks of U.S. investments in Chinese technology sectors. October rules finalized by the Treasury Department aim to limit such investments in critical areas like artificial intelligence to protect national security.
However, the removal of provisions for outbound investment screening could leave gaps in safeguarding U.S. interests.
Price Action: Tesla&#8217;s stock declined by 3.46% on Friday, ending the session at $421.06. Despite this drop, the company's shares have surged 69.5% since the start of the year, significantly outpacing the Nasdaq 100 index, which has gained 28.68% over the same period, according to <a href="http://pro.benzinga.com/">data from Benzinga Pro</a>.
The latest ratings from Baird, Mizuho, and Goldman Sachs have established an average price target of $446.67, suggesting an upside potential of 5.53%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/TSLA/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/21024505/Screenshot-2024-12-21-at-1.14.58%E2%80%AFPM-1024x374.png" alt="" class="wp-image-702681" /></a></figure>
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla's Interests

Now that Selena Gomez and Benny Blanco are engaged – just 18 months after they started dating – they'll have to decide which of the bride's mansions they'll call home.
In a post captioned "Forever begins now," the <a href="https://www.benzinga.com/general/entertainment/24/09/40758541/selena-gomez-enters-billionaire-club-thanks-to-rare-beautys-triumph">32-year-old singer</a> shared her happy news on Instagram, posting photos showing her embracing her fiance while showing off her diamond ring, according to The New York Post.
Gomez and Blanco, a renowned record producer, began dating in 2023 after years of collaborating on various music projects. Their partnership eventually evolved into a romantic relationship.
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Since the start of their relationship, Gomez, a former Disney star, has reached new heights professionally. This fall, she joined the exclusive billionaire club, largely thanks to the success of her <a href="https://www.benzinga.com/general/social-media/24/04/38113933/serena-williams-launches-a-new-company-that-shes-been-working-on-for-6-years">Rare Beauty</a> brand, now valued at $2 billion.
Gomez continues to dominate on social media, becoming the most-followed woman on Instagram with 423 million followers.
With their engagement now official, the couple must decide which of their mansions will serve as their marital home.
Read on to see their options.
See Also: Unlock the hidden potential of commercial real estate —<a href="https://equitymultiple.com/benzinga?invite=benzinga&amp;utm_campaign=product-promotion-earn&amp;utm_source=yahooFinance&amp;utm_medium=affiliate&amp;utm_content=unlockboost-yahoo"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
<h2 class="wp-block-heading">Encino</h2>
In 2020, Gomez purchased a Southern California property once owned by fellow musician Tom Petty for $4.9 million.
The 9,000-square-foot Encino estate, custom-built in 1989, boasts unique features that likely appealed to Gomez. However, Petty moved out after his divorce in 1996. Traces of his legacy remain, including a recording studio and sunken performance space – perfect touches for a singer like Gomez.
The five-bedroom mansion offers soaring ceilings and a gourmet kitchen, while its lower level includes a wine cellar, gym, massage room, creative workspace, additional kitchen, vocal booth, den and a guest suite.
Trending: Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today.<a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=benzinga&amp;utm_campaign=ben&amp;utm_content=y2_5MilNestEgg"> SmartAsset&#8217;s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost</a> to decide which one is right for you.
<h2 class="wp-block-heading">Woodland Hills</h2>
Another potential home for the newly engaged couple is a charming property Gomez purchased in 2017 for $1.8 million.
Built in 1949, the private, gated estate sits on half an acre and spans 3,500 square feet, featuring four bedrooms and four bathrooms. The home boasts hardwood floors, a wood-burning fireplace in the living room and abundant natural light.
The modern kitchen includes Wolf appliances and quartz countertops, while the family room features a home theater, wood-beamed ceilings and built-ins. The primary suite offers a spacious walk-in closet, a cozy fireplace and a spa-like bathroom with a rainfall shower and jetted tub.
The outdoor amenities are just as impressive, with a pool, fire pit and outdoor kitchen.
Trending: This Jeff Bezos-backed startup will allow you to <a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=byerscta100">become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.</a>
<h2 class="wp-block-heading">New York City</h2>
Blanco, a songwriter and producer known for collaborating with stars like Katy Perry, Justin Bieber and Ed Sheeran, has been trying to sell his New York City apartment. Blanco, whose real name is Benjamin Joseph Levin, purchased the three-bedroom Chelsea loft in 2011 for $3.4 million.
Initially listed for nearly $4 million in May, the property has seen a price reduction to $3.75 million after failing to attract buyers. The fully renovated condo is in a coveted corner location and has 11-foot ceilings and southeast-facing windows that flood the space with light.
The compact kitchen with a breakfast bar opens seamlessly to the main living area. The building&#8217;s residents enjoy an array of amenities, including 24/7 door attendants, concierge services, a gym, a roof deck and a children's playroom.
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Real Estate

Selena Gomez And Benny Blanco To Tie The Knot, But Which Mansion Will Be Home Sweet Home?

Regarding selling luxury cars, brands like Ferrari (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>), Rolls-Royce and Maserati use strategies that are as extravagant as their vehicles. These automakers know how to make their cars irresistible – and sometimes even make their customers feel like they're getting a deal when doing the company's work for them.
Take Ferrari, for instance. A prominent marketing expert, Rory Sutherland, <a href="https://www.youtube.com/watch?v=vcjAFJu39Ok">pointed out</a> how the brand has devised a smart way to shift delivery costs onto its customers while framing it as an exclusive experience. The company can deliver a Ferrari to your local dealership for free if you buy it. But for around £500 ($630), you can opt for a &#8220;factory tour&#8221; in Maranello, Italy, where you pick up your car and drive it home at your own cost.&nbsp;
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Customers willingly pay to collect their cars because the experience is marketed as a unique privilege. It looks like a brilliant psychological play that makes customers feel special while cutting Ferrari's costs.
Meanwhile, according to Sutherland, Rolls-Royce and Maserati took a different approach to make their luxury cars seem like impulse buys. Instead of showcasing their vehicles at traditional car shows – where their high price tags stand out – they moved to yacht and private jet shows. The logic? If you've spent all day looking at multimillion-dollar yachts and jets, a $250,000 car suddenly feels like a much smaller expense – an impulse buy.
See Also: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
Ferrari is also <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39935966/ferrari-revs-up-crypto-payments-in-europe-expanding-on-us-success">making bold moves into cryptocurrency payments</a>. After successfully rolling out crypto payments in the U.S., the brand expanded the option to Europe in July. Partnering with BitPay, Ferrari now accepts Bitcoin, Ethereum and USD Coin for its cars, instantly converting the payments to traditional currency. According to the company&#8217;s representative, this was done in response to consumer demand and to suit the tastes of their affluent, tech-savvy audience. By the end of 2024, Ferrari plans to offer crypto payments globally where legally permitted.
Ferrari isn't stopping there. The brand is gearing up to <a href="https://www.benzinga.com/news/24/05/38984035/ferrari-aims-to-challenge-tesla-with-launch-of-electric-supercar-in-2025">launch its first electric supercar</a> in the fourth quarter of 2025. Ferrari ensures its EVs maintain the brand&#8217;s signature appeal with a new factory in Maranello dedicated to hybrid and electric vehicles and a state-of-the-art lithium battery research lab.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
CEO Benedetto Vigna is reinventing the sound of electric motors to preserve the classic sensory experience of driving a Ferrari. Ferrari is placing a big bet on strong consumer interest across age groups to compete with market leaders like Tesla.
Even as Ferrari accelerates into the future, its financial performance remains strong. The automaker reported an 11% year-over-year sales growth in Q1 2024, bringing in $1.72 billion in revenue. Shipments held steady at 3,560 units and Ferrari is on track for fiscal 2024 net revenues exceeding €6.4 billion.
Whether paying to pick up your car, splurging on a $250,000 vehicle after looking at luxury yachts or buying a Ferrari with Bitcoin, one thing stands out: luxury car brands know how to keep people coming back. They use smart strategies, cool technology and new financial trends to stay ahead in the world of high-end cars.
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RACE

Ferrari Devised A Clever Way To Play Customers, But Rolls-Royce And Maserati Took A Different Route – 'A $250,000 Car Is An Impulse Buy'

<h2 class="wp-block-heading">New On The Block</h2>
Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) is back at it again with big plans and boardroom brainstorms. This time, the Charlotte, North Carolina-based company is considering sending its aerospace business <a href="https://www.benzinga.com/news/asset-sales/24/12/42505835/honeywell-advances-strategic-review-explores-aerospace-business-separation">off to fly solo</a>. Recently, Honeywell unveiled plans to spin off its Advanced Materials business into a standalone public company by late 2025 or early 2026. Additionally, the company is selling its Personal Protective Equipment (PPE) business to Protective Industrial Products for $<a href="https://www.benzinga.com/24/11/42140202/honeywell-to-exit-ppe-business-with-1325-billion-sale-plans-advanced-materials-spinoff">1.325 billion in cash</a>.
Textron Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) has decided it's time to <a href="https://www.benzinga.com/news/guidance/24/12/42558931/textron-hits-the-brakes-on-powersports-strategic-shift-amid-soft-demand">hit the brakes on</a> its Powersports product line, part of the Industrial segment&#8217;s Textron Specialized Vehicles business. The segment manufactures snowmobiles and off-road vehicles under the Arctic Cat label. Deere &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) is rumored to be interested in acquiring it. Textron expects to wrap up its restructuring in the first half of the new year.
DLocal, a Latin American payments provider with a market value of about $3.6 billion, is on the auction block. The Montevideo, Uruguay-based company hired Morgan Stanley to gauge takeover offers from bidders. Private equity firm General Atlantic is DLocal&#8217;s largest shareholder.
<h2 class="wp-block-heading">Updates From The Block</h2>
The European Commission <a href="https://www.benzinga.com/government/regulations/24/12/42621868/nvidia-secures-eu-approval-for-runai-deal-us-probes-china-export-breach">granted unconditional approval</a> for Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) to acquire Run:ai Labs Ltd, an Israel-based provider of GPU orchestration software. The decision under the EU Merger Regulation concluded the acquisition would not raise competition concerns within the European Economic Area. Nvidia aims to integrate Run: ai&#8217;s software into its ecosystem. Run:ai specializes in software that helps organizations optimize and manage their artificial intelligence compute workloads across various environments, including on-premises and cloud platforms.
Soho House's billionaire chairman Ron Burkle wants to whisk the private members' club away from the U.S. stock market. Burkle and his squad of investors have thrown down a flashy <a href="https://www.benzinga.com/24/12/42597812/soho-house-jumps-over-50-on-receiving-acquisition-offer-with-83-premium">$1.8 billion buyout bid</a>, offering $9 per share—a snazzy 83% premium to the stock&#8217;s closing price on Wednesday, Dec. 18. This isn't Soho House's first flirtation with delisting. Just a few months ago, it turned down a mysterious suitor's offer.
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<h2 class="wp-block-heading">Off The Block</h2>
Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) and Woodside Energy Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDS#NYSE">WDS</a>) <a href="https://www.benzinga.com/news/contracts/24/12/42584936/chevron-secures-larger-north-west-shelf-stake-in-asset-swap-400m-payment-to-woodside">finalized an asset swap deal</a> on Wednesday. As part of the agreement, Woodside will transfer its 13% non-operated interest in the Wheatstone Project and its 65% operated interest in the Julimar-Brunello Project in Western Australia. In return, Woodside will acquire Chevron&#8217;s 16.67% stakes in the North West Shelf Project and the NWS Oil Project, along with a 20% interest in the Angel Carbon Capture and Storage Project. Additionally, Chevron will make a cash payment to Woodside of up to $400 million. This includes a $300 million payment at completion, and contingency payments of up to $100 million, tied to the handover of the Julimar Phase 3 Project and subsequent production performance.
<h2 class="wp-block-heading">Bankruptcy Block</h2>
Furnishing and retailer Big Lots Inc.&#8216;s Chapter 11 bankruptcy filing in September and impending store closures could benefit rival Ollie&#8217;s Bargain Outlet Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLLI#NASDAQ">OLLI</a>), JPMorgan analyst Matthew R. Boss says. On Sept. 9, Big Lots filed for Chapter 11 and announced a subsequent sale of its assets to Nexus Capital Management LP. The company&#8217;s stock was subsequently delisted from the New York Stock Exchange. Its third-quarter financial report revealed a company struggling with declining sales, eroding margins and a continual bleeding of cash. On Dec. 19, the Columbus, Ohio-based company said its sale to Nexus Capital fell through, noting it &#8220;continues to work toward completing an alternative going concern transaction with Nexus or another party.&#8221; CEO Bruce Thorn announced a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42624759/big-lots-holds-liquidation-sales-analyst-pegs-competitor-as-major-beneficiary-market-share-capture-opportunity">going-out-of-business sale</a>.
FTX announced that its<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42151412/bankrupt-crypto-exchange-ftx-to-commence-payments-to-customers-creditors-in-early-2025"> Chapter 11 bankruptcy reorganization plan</a> will become effective on Jan. 3, 2025. Customer and creditor distributions will be facilitated through partnerships with cryptocurrency platforms Kraken and BitGo. The first round of distributions is expected to occur within 60 days of the plan's effective date. The initial distribution will cover holders of allowed claims in the Convenience Classes, while timelines for other claim classes will be announced later.
<h2 class="wp-block-heading">Notes From The Block</h2>
Benzinga recently interviewed Tony Roma&#8217;s CEO Mohaimina (Mina) Haque on a variety of topics, including the restaurant chain&#8217;s capital raising initiatives:
<h3 class="wp-block-heading">BZ: What's the global stage look like?</h3>
There's a lot of interest globally. We are in Dubai and Berlin as well as Kuala Lumpur, Malaysia and Perth, Australia. There is a lot of brand awareness. Stateside, as Gen Z and millennials were growing up, there was a decrease in unit size. So, we are working on building that bridge between those who are nostalgic for Tony Roma's and those who haven't experienced it yet. There are challenges, including the supply chain and ensuring that franchise partners uphold our intellectual property.
<h3 class="wp-block-heading">BZ: Is M&amp;A still on the cards?</h3>
It is a possibility. We have parties interested in helping us to expand our global and national footprint. So, it's still in the cards, with either a venture capital or private equity firm. For anyone interested and who wants to see more explosive growth for the company, we are looking for partners capable of heavy capital infusion.
<h3 class="wp-block-heading">BZ: What size investment do you think would you go to ballpark it?</h3>
If I have to ballpark it, maybe somewhere between $10 million and $20 million
For the <a href="https://www.benzinga.com/general/restaurants/24/12/42553401/comfort-food-comeback-how-mina-haque-plans-to-make-tony-romas-sizzle-again">full Q&amp;A, click here</a>.
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Exclusives

OLLI

Deal Dispatch: Honeywell, Textron And Soho House Are Making M&A Moves

House conservatives are pressuring Speaker Mike Johnson after a rocky week of negotiations and <a href="https://www.benzinga.com/markets/equities/24/12/42624528/government-shutdown-threat-stocks-wobble-holiday-travel-and-paychecks-could-face-delays-what-you-need-to-know" target="_blank" rel="noreferrer noopener">infighting over a government spending bill</a>.
Johnson, who narrowly avoided a government shutdown, now faces intense scrutiny from his party with a speakership vote looming in two weeks, <a href="https://www.politico.com/news/2024/12/20/johnson-unsteady-speakership-time-00195784" target="_blank" rel="noreferrer noopener">reports</a> Politico.
The Louisiana Republican is caught between President-elect Donald Trump, Elon Musk, and the right wing of his party, and many in his conference are not satisfied with his leadership.
A few members have already vowed to oppose him, and others are openly questioning his ability to lead, especially after the contentious spending battle.
The conflict over the spending bill put Johnson at odds with several key figures, including Trump, who publicly criticized the funding plan before Johnson switched strategies.
Critics, including members of the Freedom Caucus, expressed frustration over the lack of communication and poor handling of the bill. Rep. Nicole Malliotakis (R-N.Y.), a moderate, described the leadership&#8217;s actions as &#8220;completely unacceptable&#8221; and said there was &#8220;zero communication&#8221; between the leadership and members, Politico adds.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/12/42635098/senate-avoids-shutdown-with-last-minute-deal-amid-trumps-debt-ceiling-demands" rel="noreferrer noopener">Senate Avoids Shutdown With Last-Minute Deal Amid Trump&#8217;s Debt Ceiling Demands</a>
Others, like Rep. Andy Biggs (R-Ariz.), have vowed to wait until January 3 to announce how they will vote on Johnson's speakership, reflecting the uncertainty about his future in the role.
Johnson did manage to get the spending bill passed with a relatively small number of defections, but the damage to his credibility may be long-lasting.
The incident has become a test of his ability to manage the fractious Republican conference, especially as the party looks to push ambitious legislation on the border and energy early in the new Congress, the report reads.
For many Republicans, Johnson's handling of this crisis will set the tone for how he leads in the future.
Some members believe Johnson still has a chance to rebuild his support, though the challenge remains formidable. If the situation doesn't improve, Johnson may face a leadership challenge, with names like Jim Jordan and Tom Emmer being floated as potential replacements.
Despite the turmoil, Johnson does have some allies, particularly within the House Freedom Caucus, who appreciate his fight to implement the Trump agenda.
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Johnson Averts Shutdown But Faces Growing Pressure From Right

Peter Buffett, son of billionaire investor&nbsp;Warren Buffett, made a life-changing decision 47 years ago when he traded his inheritance to &#8220;buy time." Although he missed out on what would have been hundreds of millions of dollars in profit, he <a href="https://www.benzinga.com/topic/warren-buffett">stands by his decision</a>.
Finding His Path:&nbsp;At 19, Buffett received a portion of the proceeds from the sale of his grandfather's farm, which his father invested in Berkshire Hathaway Inc. (NYSE:&nbsp;<a href="https://www.benzinga.com/stock/brk-a#NYSE">BRK-A</a>) (NYSE:&nbsp;<a href="https://www.benzinga.com/stock/brk-b#NYSE">BRK-B</a>), amounting to $90,000, according to&nbsp;<a href="https://www.cnbc.com/2020/05/07/warren-buffett-son-doesnt-regret-spending-berkshire-stock-he-got-at-19-worth-200-million-now.html?utm_campaign=trueanthem&amp;utm_medium=social&amp;utm_source=facebook&amp;fbclid=IwAR2ltNtAQUUEhAViImalKNS2NdjCrlgyZxhj00Z4cr2TZQJm1mqBy-thwSY">CNBC</a>. His father made it clear that this was all the financial support he would receive for personal use. Despite knowing it was his entire inheritance, Peter sold his Berkshire stock to fund his passion for music.
Buffett dropped out of Stanford University, purchased a modest studio apartment in San Francisco, and invested in upgrading his recording equipment. He dedicated his time to honing his piano and music production skills.
His big break came unexpectedly when a neighbor asked him about his profession, setting him on the path to a successful career in music.
He told the neighbor that he was a "struggling composer" and the neighbor offered to introduce him to his son-in-law who was an animator looking for ad tunes for a new cable station — it turned out to be&nbsp;<a href="https://www.benzinga.com/topic/mtv">MTV</a>.&nbsp;
Buffett is now 66 years of age and has released around 15&nbsp;studio albums over his successful career.&nbsp;
See Also:&nbsp;<a href="https://www.benzinga.com/personal-finance/24/12/42558080/warren-buffett-says-the-poorest-2-of-earners-live-better-than-john-d-rockefeller-richest-man-in-the-world-people-have-more-money-now">Warren Buffett Says The Poorest 2% Of Earners Live Better Than John D. Rockefeller – Richest Man In The World: &#8216;People Have More Money Now&#8217;</a>
The Path Not Taken:&nbsp;If the son of the legendary investor would have stayed in college and held onto his $90,000&nbsp;investment in Berkshire Hathaway, it would be worth over $400 million today.&nbsp;
"But I didn&#8217;t make that choice and I don&#8217;t regret it for a second.&nbsp;I used my nest egg to buy something infinitely more valuable than money: I used it to&nbsp;<a href="https://www.benzinga.com/news/23/04/31687018/couple-uses-huge-airbnb-profits-to-buy-time-they-only-spend-1-hour-working-per-week">buy time</a>," Buffett said.&nbsp;
That's a decision that his father would be proud of, he noted. The&nbsp;<a href="https://www.benzinga.com/topic/billionaires">billionaire</a>&nbsp;taught his son that work isn't about making as much money as possible, instead it's about doing something that you love to do.
Buffett acknowledged that the money was a privilege, calling it a gift that he had not earned.
&#8220;Without those hundreds of unpaid hours spent fiddling with my recording gear, I would not have found my sound or approach," Buffett said.&nbsp;
The musician used the money to buy time to pursue something that he enjoys waking up and doing&nbsp;each day, which is exactly what his father tells young people to do. The billionaire has previously recommended that people pursue careers they would want even if money was not part of the&nbsp;<a href="https://www.benzinga.com/news/23/03/31592697/if-you-want-to-move-forward-and-make-better-decisions-you-need-to-remember-these-3-words">decision-making process</a>.&nbsp;
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This story is part of a new series of features on the subject of success,&nbsp;<a href="https://www.benzinga.com/topic/benzinga-inspire">Benzinga Inspire</a>.&nbsp;Some elements of this story were previously reported by Benzinga and it has been updated.
Photo: Shutterstock

Warren Buffett's Son's $90K Inheritance Would Be Worth More Than $400 Million Today, But He Sold His Berkshire Stock 47 Years Ago To Buy Something 'Infinitely More Valuable'

Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) has reduced its top management roles by 10% as part of a multi-year effort to streamline operations <a href="https://www.benzinga.com/news/23/09/34392201/google-salary-leak-reveals-mind-blowing-earnings-top-engineers-make">and boost efficiency</a>.
What Happened: On Wednesday, CEO Sundar Pichai revealed during an all-hands meeting that the move reflects Google&#8217;s broader push to simplify its structure and adapt to a rapidly evolving tech landscape.
According to employees who attended the meeting, Pichai explained that the efficiency drive included changes to managerial, director, and vice president roles. 
Some positions were restructured to nonmanagerial roles, while others were eliminated entirely. The changes align with Pichai's 2022 statement that he wanted the company to become "20% more efficient," a goal that resulted in 12,000 layoffs in January of this year. 
According to the report <a href="https://www.businessinsider.com/google-ceo-company-cut-manager-vp-roles-2024-12">by</a> Business Insider, Google&#8217;s pursuit of efficiency comes as competition intensifies in the artificial intelligence space, with rivals like OpenAI launching products that challenge Google's dominance in search.
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In response, Google has infused generative AI into its core services and unveiled innovations such as a new AI video generator and its Gemini AI models, including a "reasoning" model designed to showcase its thought process.
During the meeting, Pichai also addressed Google's cultural identity, discussing the term &#8220;Googleyness,&#8221; which he said needed an update to reflect the company&#8217;s modern values and direction. 
The term has long been associated with Google's work culture, and its evolution signals the company's commitment to staying relevant in a rapidly changing industry.
As Google continues its efficiency drive and AI innovation efforts, it remains a key player in shaping the future of technology while adapting its structure and culture for the challenges ahead.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOGL

Google Announces Major Layoffs As Pichai Stresses Efficiency

Peter Lynch, a renowned investor and former fund manager of the Magellan Fund at Fidelity Investments, achieved a legendary compound annual return of 29% during the 1980s. 
What Happened: In a 1997 <a href="https://www.youtube.com/watch?v=myu4Nv0pt0U">speech</a>, Lynch shared key principles from his 25-year career that guided his success. He emphasized that these principles were timeless, applicable then, now, and for decades to come. Below are three of his essential investing lessons.
Lynch advises against bias towards specific stocks or industries. He emphasizes that great investment opportunities can be found in unexpected places, including companies facing bankruptcy or skepticism. 
&#8220;There are great stocks everywhere, even those in bankruptcy or close to it. Often times great investments are the ones where everyone else will think you are crazy,&#8221; Lynch said during his speech. 
Also Read: <a href="https://www.benzinga.com/markets/24/12/42499608/investment-guru-peter-lynch-if-you-cant-explain-to-an-11-year-old-in-2-minutes-or-less-why-you-own-t">Investment Guru Peter Lynch: &#8216;If You Can&#8217;t Explain To An 11-Year-Old In 2 Minutes Or Less Why You Own The Stock, You Shouldn&#8217;t Own It&#8217;</a>
Lynch recommends documenting the reasons for purchasing a stock. If those reasons no longer apply due to changes in the company's story, it may be time to sell. &#8220;When the story changes, the investment thesis changes,&#8221; he asserts.
A critical point Lynch underscores is that a stock dropping significantly doesn't mean it won't fall further. &#8220;Stocks can always go lower,&#8221; he warns, citing the example of Polaroid, which plummeted from $140 to $18 over nine months. He also cautions against assuming stocks will rebound solely because they've declined.
&#8220;Stocks also don't have to bounce back just because they went down,&#8221; he added. 
Why It Matters: These principles highlight Lynch's disciplined and thoughtful approach to investing, which continues to inspire investors today.
Lynch's principles offer timeless guidance for investors at all levels, from beginners to seasoned professionals. His focus on deeply understanding the business, prioritizing individual stock analysis, and exercising patience mirrors the strategies of legendary investors like Warren Buffett.
These insights serve as a powerful reminder that true success in investing comes not from chasing short-term gains but from making well-informed decisions and committing to a long-term
Read Next
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Stock Split

Investment Guru Peter Lynch: 'Often Great Investments Are The Ones Where Everyone Else Will Think You Are Crazy'

Mary Trump, niece of President-elect Donald Trump and one of his most vocal critics, has issued a stark warning about what to expect from her uncle's second administration. 
What Happened: Speaking on the podcast by The Daily Beast, Mary Trump referred to the upcoming presidency as a "regime" and described it as more dangerous than his first term.
During <a href="https://www.thedailybeast.com/why-trumps-niece-is-even-more-afraid-for-his-second-term/">the</a> interview, Mary Trump argued that the incoming administration, which she described as a "lame duck," will see Donald Trump "unleashed" because he will not face the pressures of reelection.
"He's not running for reelection. He doesn't have to play any games. He doesn't have to stay within the lines," she said, emphasizing that the lack of accountability could lead to more extreme policies and actions.
She said, &#8220;Trump&#8217;s presidency already is more dangerous than the first one as we see by his appointments and his nominations to key positions in the executive branch and then Cabinet positions."
Also Read: <a href="https://www.benzinga.com/news/24/12/42497190/mary-trump-slams-uncle-over-anti-birthright-citizenship-stance-a-deeply-ignorant-cruel-man">Mary Trump Slams Uncle Over Anti-Birthright Citizenship Stance: &#8216;A Deeply Ignorant, Cruel Man&#8217;</a>
She pointed to Trump's controversial Cabinet and executive branch nominations as evidence of the potential dangers. 
These include Pete Hegseth, a Fox News personality tapped for the Pentagon, and anti-vaccine advocate Robert F. Kennedy Jr., who has been nominated to lead the Department of Health and Human Services. 
Mary Trump characterized these appointments as alarming signs of the administration's direction.
"The most depressing thing," she said, "is that everybody in corporate media, everybody in the Republican Party, and a significant percentage of Donald's voters knew it was going to be more dangerous, and yet, here we are."
Mary Trump's comments underscore concerns among critics about the implications of Donald Trump's second term, which they believe could dramatically reshape key aspects of governance and policy.
Read Next
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Wikimedia Commons

Mary Trump's Warning: Donald Trump's Second Term 'Already Is More Dangerous Than the First'

As <a href="https://www.benzinga.com/news/global/24/11/41857278/iranian-plot-against-trump-unveiled-as-tensions-with-us-grow">political tensions</a> rise in the United States, a unique opportunity is catching the attention of election-weary travelers. Villa Vie Residences, a Florida-based cruise company, offers a multiyear global adventure aboard its luxury vessel, the Villa Vie Odyssey. Dubbed the "Skip Forward" program in a press release from Villa Vie, the cruise is part of a 15-year worldwide journey that allows travelers to hop on or off at various ports, providing a way to "escape from reality."
<h2 class="wp-block-heading">A Floating Escape</h2>
Villa Vie's "Skip Forward" program offers a four-year continuous voyage to over 425 ports in 140 countries across all seven continents. Villa Vie's website lists prices starting at $159,999 per person for a four-year double-occupancy cabin, with options for shorter durations. Travelers seeking more affordable arrangements can book smaller segments of the "hop on hop off" cruise – a few months out of the planned itinerary – for anywhere from $8,344 and up. Alternatively, the premium double-occupancy ocean-view cabins total $350,000 for the full four-year term.
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Villa Vie's website also lists that the program includes accommodations, meals, housekeeping, <a href="https://www.benzinga.com/news/24/09/41061483/spacexs-starlink-now-connects-4m-customers-with-more-than-6k-operational-satellites-adds-a-million-u">high-speed Starlink internet</a> and even limited alcoholic beverages during dinner. Guests also enjoy wellness classes, fitness facilities and opportunities to invite friends or family to join for $129 per day. Villa Vie touts the cruise as an "all-inclusive" lifestyle, eliminating concerns about hidden fees or additional taxes.
<h2 class="wp-block-heading">Highlights of the Itinerary</h2>
The Odyssey's route promises an immersive exploration of global wonders. Currently sailing through the Caribbean, the ship will conclude the year in Guayaquil, Ecuador, before embarking on a four-month South American tour. Highlights include transits through the Panama Canal, a visit to Rio de Janeiro's Carnival and an eight-day journey along the Amazon River. Travelers will also experience iconic landmarks such as the Chilean Fjords and a sail-by of Antarctica.
According to Mikael Petterson, CEO of Villa Vie Residences, the program was conceived before the recent <a href="https://www.benzinga.com/content/42444997/biden-harris-and-trump-campaigns-responsible-for-more-than-6-billion-ad-impressions-combined-on-meta">U.S. presidential election</a>. "Quite frankly, we don't have a political view one way or the other," Petterson told Newsweek. "We just wanted to give people who feel threatened a way to get out."
See Also: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
<h2 class="wp-block-heading">A Rising Trend in Extended Travel</h2>
Villa Vie's offer is part of a broader trend among travel companies responding to <a href="https://www.benzinga.com/personal-finance/24/11/42023971/after-the-election-americans-are-exploring-life-abroad-but-what-are-the-financial-costs">heightened interest in leaving the U.S.</a> following the recent election. Google searches for phrases like "how to move" and "work visa" surged by more than 500% after Election Day, reminiscent of similar spikes after the 2016 election. While few Americans make permanent moves abroad – data from CNN shows that only about 2,000 applied for residency in Canada after the 2016 election – the growing availability of digital nomad visas and extended travel options offers alternative avenues for long-term escapes.
The "Skip Forward" program aligns with these trends, positioning itself as a cost-effective alternative to urban living. According to The Street, the annual cost of the cruise is comparable to or less than renting in cities like New York or Los Angeles.&nbsp;
"Your villa is your bedroom and the ship is your home," said Anne Alms, Villa Vie's Head of Sales, in Villa Vie's press release. "She'll take you across the globe to endless horizons."
Trending: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">Flexibility and Adventure</h2>
Villa Vie's emphasis on flexibility allows travelers to customize their experience. Whether booking a one-year "Escape from Reality" or committing to the full four-year "Skip Forward," passengers can join or leave the cruise at various ports. The company highlights this adaptability as a key feature of its offering, making it a compelling option for those seeking adventure and comfort.
As the Villa Vie Odyssey continues its 15-year global journey, its promise of cultural immersion and hassle-free living appeals to those eager to explore the world or leave behind the political stresses of home. Prospective adventurers can contact Villa Vie Residences or visit their website to book a consultation.
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Startups

'Skip Forward': Cruise Company Markets $159K 4-Year World Tour To Election-Weary Travelers

The alleged murderer of UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) CEO Brian Thompson has been transferred to the Metropolitan Detention Center in Brooklyn, New York. 
What Happened: The detention facility is also home to high-profile inmates, including convicted crypto fraudster Sam Bankman-Fried, who is serving a 25-year sentence for his role in the collapse of the FTX cryptocurrency exchange.
Luigi Mangione, 26, is accused of planning and executing the fatal shooting of Thompson on December 4 in New York City. The public murder shocked the city and sparked a days-long manhunt before Mangione was arrested at a McDonald's in Altoona, Pennsylvania. Prosecutors allege Mangione planned the attack for months, motivated by his disdain for the U.S. healthcare system. 
According to the report <a href="https://apnews.com/article/unitedhealthcare-ceo-killing-luigi-mangione-4cc18cfa71b96aaa39b321f60145d2f0">by</a> the Associated Press, Mangione now shares the Metropolitan Detention Center with Bankman-Fried, whose fraudulent management of FTX led to the crypto platform's bankruptcy in November 2022, wiping out billions of dollars.
The jail has also recently housed music producer Sean "Diddy" Combs, who faces racketeering and sex trafficking charges. Combs reportedly shared space with Bankman-Fried and used one of the disgraced crypto mogul's attorneys, according to court filings.
Also Read: <a href="https://www.benzinga.com/markets/24/12/42512814/luigi-mangione-lived-a-privileged-life-of-real-estate-wealth-before-arrest-in-ceo-case">Luigi Mangione Lived a Privileged Life Of Real Estate Wealth Before Arrest In CEO Case</a>
Bankman-Fried's fall from grace came after FTX, once a leading cryptocurrency exchange, went bankrupt due to what prosecutors called criminal mismanagement. The platform had allowed users to trade digital coins and tokens, but its rapid collapse left many investors in financial ruin.
Meanwhile, Mangione faces charges of premeditated murder, with prosecutors painting him as a calculated individual whose actions stemmed from long-standing contempt for the healthcare industry. 
As the case unfolds, Mangione's transfer to the Brooklyn jail adds another layer of intrigue to the detention center's high-profile roster of inmates.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Luigi Mangione Lands In Same Brooklyn Jail As Diddy And FTX's Bankman-Fried

The cryptocurrency market has shown resilience following a significant downturn, with Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42254813/shiba-inu-burn-skyrockets-7400-nearly-2b-tokens-destroyed">leading the recovery</a>.
What Happened: A prominent market analyst predicts the dog-themed token could achieve a massive 235% rise, reaching a new yearly high of $0.00005816.
The broader crypto market faced turbulence earlier this week, as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) plunged over 10% in two days, causing a ripple effect across altcoins. 
Shiba Inu retraced to a key support level around $0.0000185 during this period. However, SHIB has rebounded impressively, surging 28% from its lows and trading above $0.0002216 as of Saturday morning. According to <a href="https://www.benzinga.com/pro/">Benzinga </a>Pro, It is almost up by 9% in the last 24 hours. 
Renowned analyst Dollars Maker <a href="https://www.tradingview.com/u/Dollars_Maker/">shared</a> a bullish outlook on Shiba Inu in a recent TradingView post. He noted that the token has further upside potential, outlining three ambitious price targets. According to Dollars Maker, SHIB could first see a 92% increase to $0.00003339, followed by a 163% surge to $0.00004566.
Also Read:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42256519/shiba-inu-soars-to-eight-month-high-up-13-as-meme-coins-rally" target="_blank" rel="noreferrer noopener">Shiba Inu Soars To Eight-Month High, Up 13% as Meme Coins Rally</a>
Ultimately, the analyst predicts SHIB will achieve a 235% spike, hitting $0.00005816. This would surpass its previous high of $0.000045 recorded in March 2024, but no specific timeline was provided for this projection.
Shiba Inu's recent recovery and growing optimism among analysts suggest that the token may be gearing up for significant gains, making it a focal point for crypto enthusiasts in the weeks ahead.
The meme coin surged by 208% so far in 2024, catapulting its market capitalization to $18.28 billion.
According to data from&nbsp;Benzinga, SHIB's market cap has been steadily increasing since September, with capital&nbsp;inflow into the Shiba Inu&nbsp;network propelling the ecosystem's market cap&nbsp;from $7.57 billion in the&nbsp;first week of September to&nbsp;$19.41 billion as of December&nbsp;5.
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$SHIB

Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall

If your investment portfolio feels like a headache right now, legendary investor Bill Ackman says not to worry—it'll eventually be a "blip." 
What Happened: The billionaire hedge fund manager, who founded Pershing Square Capital in 2004, has built a fortune of $3.7 billion by sticking to a set of straightforward investing principles.
Despite achieving significant success, Ackman has experienced both wins and losses throughout his career. Speaking on The Julia La Roche <a href="https://www.youtube.com/watch?v=VV949D8AUKU&amp;t=3s">Show</a> last year, he shared his belief that maintaining a long-term perspective is crucial for navigating difficult periods.
"If you look at the chart of Pershing Square over time, the difficult periods look like nothing now," he said. "You won't even notice the little blip in a decade or two decades, and you just have to have that kind of perspective."
In 2022, Pershing Square posted an 8.8% loss amid a turbulent market year, but this followed three years of double-digit gains: 26.9% in 2021, 70.2% in 2020, and 58.1% in 2019. 
Ackman attributed this resilience to a disciplined approach rooted in his "basic commandments" for investing, which are engraved on stone tablets at Pershing Square's New York headquarters.
Also Read: <a href="https://www.benzinga.com/markets/24/12/42499608/investment-guru-peter-lynch-if-you-cant-explain-to-an-11-year-old-in-2-minutes-or-less-why-you-own-t">Investment Guru Peter Lynch: &#8216;If You Can&#8217;t Explain To An 11-Year-Old In 2 Minutes Or Less Why You Own The Stock, You Shouldn&#8217;t Own It&#8217;</a>
"We want to buy the best businesses in the world," Ackman explained, describing them as "simple, predictable, free cashflow generative, dominant companies with… a moat around them." The concept of an economic moat, popularized by Warren Buffett, refers to a company's ability to maintain a competitive edge and long-term stability. 
Ackman also emphasized the importance of strong balance sheets, excellent governance, and conservative valuations. "Own the best, super-durable companies you can find with conservative balance sheets," he said. "Buy them at attractive prices and ensure they're managed and governed correctly."
Ackman also highlighted red flags to avoid, such as businesses reliant on constant fundraising to sustain operations. He advised against shorting stocks or investing in commodity-sensitive industries. 
"Stay away from shorting stocks, avoid commodity-sensitive industries, and you do great," he said. He also warned investors to consider potential technological disruptions in today's dynamic landscape.
"There's a part of investing that's very simple. just make sure you think about the potential for disruption because we're in a world where technology is a very dynamic force," he said during the interview. 
Drawing inspiration from Buffett's famously simple advice—"don't lose money, and don't forget the first rule"—Ackman's principles reflect a disciplined yet straightforward approach to building long-term wealth.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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The e-commerce industry is booming due to the continuous expansion of internet services, rising demand for online platforms, and advanced technologies like AI. Also, considering the holiday season, it could be wise to consider quality e-commerce stocks Shopify (SHOP), MercadoLibre (MELI), and Carvana (CVNA). Continue reading... Rising reliance on online platforms among consumers has fueled demand for efficient internet services and has propelled the e-commerce industry's outlook. In addition, the holiday season shopping surge is likely to create numerous opportunities for the industry players.
Given the industry's rosy growth prospects, investors could consider buying fundamentally sound tech stocks Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>), MercadoLibre, Inc. (<a href="https://stocknews.com/stock/MELI/">MELI</a>), and Carvana Co. (<a href="https://stocknews.com/stock/CVNA/">CVNA</a>) for substantial returns before the end of the year.
Rising internet penetration and easy access to facilities online have changed the market's landscape, creating a major buzz around e-commerce. Customers are increasingly preferring online shopping platforms over traditional in-store purchases. Thanks to this trend, today, from essential items like food and medicines to car purchases are available on a mobile tap.
Amid the holiday season, e-commerce sales are expected to skyrocket. Further, factors like trending social media trends, convenience, wider alternatives, and competitive pricing are reinforcing a positive outlook for the e-commerce market. FTI consulting projects U.S. online retail sales to total $1.20 trillion in 2024, <a href="https://www.fticonsulting.com/insights/reports/2024-online-retail-report">indicating an increase of $108 billion</a>, or 9.8%, from the prior year.
Also, U.S. e-commerce market share is expected to grow to 22.7% by the year-end, compared to 21.6% at the end of 2023. In the forthcoming years, the e-commerce market is poised to see significant growth. The <a href="https://www.mordorintelligence.com/industry-reports/global-ecommerce-market">e-commerce market</a> is estimated to reach $18.81 trillion by 2029, growing at a CAGR of 15.8%, driven by increasing smartphone users, reduced costs, and changing consumer behavior.
Moreover, to enhance the online shopping experience and improve overall customer experience, industry leaders are enthusiastically adopting Artificial Intelligence (AI) in the e-commerce market. The AI in the e-commerce market is projected to grow to $14.07 billion by 2028 at a <a href="https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-e-commerce-global-market-report">CAGR of 14.9%</a>.
Given the industry's robust outlook, investing in fundamentally strong e-commerce stocks SHOP, MELI, and CVNA could be wise before the year's end.
Let's discuss the fundamentals of these stocks in detail:
Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>)
Headquartered in Ottawa, Canada, SHOP is a commerce company that provides a commerce platform and services internationally. The company's platform allows merchants to display, manage, market, and sell its products through various sales channels.
On December 3, SHOP announced that its merchants achieved record sales of $11.50 billion during the Black Friday-Cyber Monday (BFCM) weekend, reflecting a 24% increase from the last year. It also experienced strong sales momentum leading up to the weekend.
In the third quarter that ended September 30, 2024, SHOP's revenues increased 26.1% year-over-year to $2.16 billion. Its gross profit grew 24.1% year-over-year to $1.12 billion. The company's operating income of $283 million reflects a 132% increase year-over-year.
Furthermore, the company's <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> amounted to $828 million, indicating growth of 15.3% from the prior-year quarter.
Street expects SHOP's revenue to increase 27.3% year-over-year to $2.73 billion for the fourth quarter ending December 2024. The company's EPS is expected to grow 26.1% year-over-year to $0.43 for the same period. Moreover, SHOP topped the consensus revenue estimates in all four trailing quarters, which is remarkable.
SHOP's stock gained 70.7% over the past six months and 42.2% over the past year to close the last trading session at $109.70.
SHOP's bright outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Sentiment and a B for Momentum. SHOP is ranked #16 out of 24 stocks in the B-rated <a href="https://stocknews.com/category/internet-services/">Internet - Services</a> industry.
<a href="https://stocknews.com/stock/SHOP/">Click here</a> to access additional SHOP ratings for Stability, Growth, Value, and Quality.
MercadoLibre, Inc. (<a href="https://stocknews.com/stock/MELI/">MELI</a>)
Based in Montevideo, Uruguay, MELI operates online commerce platforms in the United States. It operates the Mercado Libre Marketplace and Mercado Pago FinTech platform. It also offers Mercado Fondo, Mercado Credito, and Mercado Envios logistics solutions.
In terms of the trailing-12-month EBIT margin, MELI's 11.43% is 42% higher than the 8.05% industry average. Its 7.77% trailing-12-month net income margin is 82.4% higher than the 4.26% industry average. Further, the stock's trailing-12-month gross profit margin of 52.46% is 39.5% higher than the industry average of 37.60%.
For the third quarter that ended September 30, 2024, MELI's net revenues and financial income grew 35.3% year-over-year to $5.31 billion. Its gross profit increased 16.4% from the year-ago value to $2.44 billion. Also, the company's net income and EPS came in at $397 million and $7.83, indicating growth of 10.6% and 9.4% over the prior year's quarter, respectively.
Analysts expect MELI's EPS for the first quarter (ending March 2025) to increase 9.7% year-over-year to $7.44, and its revenue for the same quarter is expected to grow 26.9% year-over-year to $5.50 billion. Also, the company topped the consensus revenue estimates in all of the trailing four quarters, which is impressive.
Shares of MELI have gained 9.1% over the past six months and 6% over the past year to close the last trading session at $1716.38.
MELI's POWR Ratings reflect its promising prospects. The stock has a B grade for Quality and Momentum. MELI is ranked #35 out of 50 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
To access additional MELI ratings for Growth, Stability, Value, and Sentiment, <a href="https://stocknews.com/stock/MELI/">click here</a>.
Carvana Co. (<a href="https://stocknews.com/stock/CVNA/">CVNA</a>)
CVNA operates an e-commerce platform for buying and selling used cars. Its platform allows customers to research and identify a vehicle, inspect it using the company's 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase vehicles, and schedule delivery or pick-up from their desktop or mobile devices.
On November 13, CVNA expanded its same-day vehicle delivery services to the greater Las Vegas, Nevada area. Select Las Vegas area residents can now take delivery of a vehicle purchased on the same day they place an order on Carvana.com. The quick services offer convenience to the local customers and will favor CVNA's operations.
For the fiscal 2024 third quarter that ended September 30, 2024, CVNA's total revenues increased 31.8% year-over-year to $3.65 billion. The company's operating income grew 602.1% from the year-ago value to $337 million. Its net income came in at $148 million for the quarter. In addition, CVNA's adjusted EBITDA was $429 million, up 189.9% year-over-year.
Analysts expect CVNA's revenue and EPS for the first quarter (ending March 2025) to increase 19.3% and 114.8% year-over-year to $3.65 billion and $0.49, respectively. Moreover, the company has surpassed the consensus EPS estimate in each of the trailing four quarters.
CVNA's shares have surged 110.3% over the past six months and 318.5% over the past year to close the last trading session at $233.02.
CVNA's sound fundamentals are reflected in its POWR Ratings. The stock has an A grade for Growth. Within the A-rated Internet industry, CVNA is ranked #43 of 50 stocks.
In addition to the POWR Ratings I've just highlighted, you can see CVNA's ratings for Quality, Sentiment, Value, Stability, and Momentum <a href="https://stocknews.com/stock/CVNA/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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SHOP shares were trading at $107.61 per share on Thursday afternoon, down $2.09 (-1.91%). Year-to-date, SHOP has gained 38.14%, versus a 25.25% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/shop-meli-cvna-3-e-commerce-stocks-to-watch-this-holiday-season/>3 E-Commerce Stocks to Watch This Holiday Season</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 E-Commerce Stocks to Watch This Holiday Season

JPMorgan spotlights 12 consumer names in its 'stocks for 2025' list

APTV

ATER

AVUV

AXON

BYDDF

CALF

CARG

CARS

COMM

COST

DKNG

DORM

EVGO

FDIS

FLXS

FNDA

FSTA

FTAI

FTAIM

FTAIN

FTAIO

GDDY

GRMN

HOOD

HYMTF

IUSG

LCID

LOVE

MELI

NSANY

ORLY

PHIN

POST

PRFZ

PRIM

RERE

RIVN

RSPD

RSPS

SCHG

SHOP

SONY

STRT

TRGP

VIRT

XPEV

Press Releases

Carvana and Jimmie Johnson Select Sonoran Desert-Inspired Paint Scheme as Fan Contest Winner

Carvana Report Highlights How Customers Search for EVs

Carvana Expands Same Day Delivery to Houston

Carvana Reunites with Kristen Bell and Dax Shepard in National Ad Featuring Carvana Value Tracker

Carvana Announces Industry-Leading Third Quarter 2024 Results

Carvana and Jimmie Johnson Redefine Fast In Same Day Delivery Ad Campaign

Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

Carvana Expands Same Day Delivery to Las Vegas

Carvana Announces Auction-IRC 'Megasite' Integration in Boston Area

Carvana Reveals Top-Selling Used Cars of 2024

Advance Auto Parts

Asbury Automotive Gr

AutoNation

ARKO

Autozi Internet Technology (Global) Ltd. - Class A Ordinary Shares

Autozi Internet Tech

AutoZone

Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares

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