Fidelity Ethereum Fund Fidelity Ethereum Fund (BATS: FETH)

에 대한 최신 뉴스 Fidelity Ethereum Fund Fidelity Ethereum Fund (BATS:FETH)

The Trusts investment objective is to seek to track the performance of ether, as measured by the performance of the Fidelity Ethereum Reference Rate (the Index), adjusted for the Trusts expenses and other liabilities.

Fidelity Ethereum Fund

Goldman Sachs offices

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$BTC

$ETH

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

ARKB

ETHA

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

Fidelity Ethereum Fund Fidelity Ethereum Fund

FETH

GBTC

IBIT

거대 투자은행 골드만삭스(NYSE:GS)가 최근 미국 증권거래위원회(SEC)에 제출한 자료에 따르면, 2024년 4분기에 비트코인(CRYPTO: BTC) 및 이더리움(CRYPTO: ETH) 현물 ETF 주식을 더 많이 매입한 것으로 나타났다.

골드만삭스: 4분기 비트코인 ETF 보유액 15억 6천만 달러, 이더리움 ETF도 급증

Bitcoin and Ethereum Photo by Marisha on Shutterstock

Sector ETFs

ETFs

Bitwise Bitcoin ETF Common Shares of Beneficial Interest

BITB

ETHV

비트코인(CRYPTO: BTC)과 이더리움(CRYPTO: ETH) 현물 ETF는 지난 4일 동안 각각 32억 6천만 달러와 7,443만 달러의 유입을 기록했다.

비트코인·이더리움 ETF, 시장 변동성과 정책 불확실성에도 기록적 자금 유입 발생

Dogecoin’s Value Could Soar 212%-260% Says Crypto Analyst

$DOGE

도지코인(CRYPTO: DOGE)은 이번 주에 암호화폐 시장의 전반적인 하락세 속에서 급격한 유턴을 보였지만, 낙관론을 꺾지는 못했다.
무슨 일 있었나: 개를 주제로 한 밈 코인인 도지코인은 이번 주에 7일 최고가인 0.48달러에서 19%까지 하락했다. 월요일 비트코인(CRYPTO: BTC) 의 플래시 크래시로 인해 하락세가 가속화된 것이다.

도지코인의 사이클 정점 가격 8~10달러로 예상, 그러나 조심해야 할 이유는?

Despite previously warning about the dangers of advanced Artificial Intelligence (AI) and robotics, Tesla Inc. CEO Elon Musk has invested in several AI startups following a stark warning from DeepMind's co-founder, Demis Hassabis.
What Happened:&nbsp;In an interview with CNBC in July 2017, Musk had expressed concerns about the existential risks posed by AI to human civilization back in 2017. He had forecasted significant job disruptions, with transportation roles among the first to be fully automated.
Musk, well-versed in advanced AI, called for proactive regulation, warning that waiting for serious incidents, like robot-caused harm, would be too late to act effectively. &#8220;AI is a fundamental existential risk for human civilization,&#8221; cautioned Musk.
However, it is ironic because by 2017, Elon Musk was already an early-stage investor who pumped millions into several AI startups like DeepMind, OpenAI, and Vicarious.
A 2023 New York Times <a href="https://www.nytimes.com/2023/12/03/technology/ai-openai-musk-page-altman.html">report</a> reveals that Musk decided to invest in AI firms despite his reservations after DeepMind&#8217;s co-founder Hassabis told him in 2012 that Musk&#8217;s plans to colonize Mars would work only if &#8220;superintelligent machines&#8221; didn&#8217;t follow human beings on their trip to the planet.
According to the publication, &#8220;Mr. Musk was speechless&#8221; and invested in DeepMind soon after alongside Peter Thiel, to &#8216;be closer&#8217; to the advancements of AI.
DeepMind was later acquired by Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google in 2014 for $500 million, despite Musk putting in a bid to buy it.
In 2014, Elon Musk <a href="https://www.cnbc.com/2014/06/18/first-on-cnbc-cnbc-transcript-spacex-ceo-elon-musk-speaks-with-cnbcs-closing-bell.html">told </a>CNBC that his investments are &#8220;not from the standpoint of actually trying to make any investment return. I like to just keep an eye on what's going on."
He also stated he was wary of a Terminator-like outcome.
SEE ALSO: <a href="https://benzinga.com/25/05/45612848/trumps-recent-wrath-on-apple-ceo-tim-cook-is-also-tied-to-the-middle-east-not-just-india-report" target="_blank" rel="noreferrer noopener">Trump&#8217;s Apple Beef Isn&#8217;t Just About India-Made iPhones — It&#8217;s Also About Skipped Middle East Trip: Report</a>
Why It Matters:  Despite his warnings, Musk launched his own AI startup, xAI, and unveiled its new chatbot, Grok, in March and November 2023, respectively.
In March 2025, he predicted in an&nbsp;<a href="https://www.benzinga.com/tech/25/03/44526637/elon-musk-says-ai-will-be-smarter-in-10-years-than-humans-who-will-have-a-much-higher-standard-of-living">interview</a>&nbsp;that AI could outperform humans cognitively in a decade. He also highlighted the potential for a higher standard of living due to AI, but cautioned about the risks.
Recently, Musk <a href="https://www.benzinga.com/tech/25/05/45599950/elon-musk-praises-google-deepminds-veo-3-ai-video-model-says-it-is-awesome">praised </a>Google DeepMind&#8217;s Veo 3 AI video model, calling it &#8220;awesome.&#8221; This tool generates high-resolution visuals and realistic audio, demonstrating the rapid progress of AI technology.
However, OpenAI&#8217;s Sam Altman echoed the sentiment and thought it&#8217;s better to actively participate in the field rather than do nothing.
&#8220;I sleep better knowing I can have some influence now,&#8221; Altman said.
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<iframe loading="lazy" title="Elon Musk Issues Yet Another Warning Against Runaway Artificial Intelligence &#x7C; CNBC" width="500" height="281" src="https://www.youtube.com/embed/KdTTeR4TyMc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read Next:
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</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

GOOG

GOOGL

TSLA

Elon Musk Called AI An 'Existential Risk for Human Civilization' — Yet, He Invested Early In DeepMind After This Warning From Co-Founder Demis Hassabis

We still have no idea why an AI model picks one phrase over another, Anthropic Chief Executive &nbsp;Dario Amodei said in an April essay—an admission that's pushing the company to build an &#8216;MRI for AI&#8217; and finally decode how these black-box systems actually work.
Amodei published the<a href="https://www.darioamodei.com/post/the-urgency-of-interpretability"> blog post</a> on his personal website, warning that the lack of transparency is "essentially unprecedented in the history of technology." His call to action? Create tools that make AI decisions traceable—before it's too late.
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<h2 class="wp-block-heading">AI's Inner Logic Still A Mystery</h2>
When a language model summarizes a financial report, recommends a treatment, or writes a poem, researchers still can't explain why it made certain choices, according to Amodei,. We have no idea why it makes certain choices—and that is precisely the problem. This interpretability gap blocks AI from being trusted in areas like healthcare and defense.
The post, &#8220;The Urgency of Interpretability,&#8221; compares today's AI progress to past tech revolutions—but without the benefit of reliable engineering models. Amodei argued that artificial general intelligence will arrive by 2026 or 2027, as some predict, "we need a microscope into these models now."
<h2 class="wp-block-heading">Stress Tests Are Revealing Cracks</h2>
Anthropic has already started prototyping that microscope. In a <a href="https://assets.anthropic.com/m/317564659027fb33/original/Auditing-Language-Models-for-Hidden-Objectives.pdf">technical report</a>, the company deliberately embedded a misalignment into one of its models—essentially a secret instruction to behave incorrectly—and challenged internal teams to detect the issue.&nbsp;
Trending: <a href="https://www.benzinga.com/money/this-ai-imaging-technology-has-been-used-in-more-than-500-surgeries-now-you-can-be-part-of-the-ai-imaging-revolution">Be part of the next med-tech breakthrough for only $350 — 500+ surgeries already done with nView's AI system.</a>&nbsp;
According to the company, three of four "blue teams" found the planted flaw. Some used neural dashboards and interpretability tools to do it, suggesting real-time AI audits could soon be possible.
That experiment showed early success in catching misbehavior before it hits end users—a huge leap for safety.
<h2 class="wp-block-heading">Academics Are Racing To Keep Up</h2>
Mechanistic interpretability is having a breakout moment. According to a March 11 <a href="https://www.cell.com/neuron/abstract/S0896-6273(25)00119-9?_returnURL=https%3A%2F%2Flinkinghub.elsevier.com%2Fretrieve%2Fpii%2FS0896627325001199%3Fshowall%3Dtrue">research paper</a> from Harvard's Kempner Institute, mapping AI neurons to functions is accelerating with help from neuroscience-inspired tools. <a href="https://www.lesswrong.com/posts/X2i9dQQK3gETCyqh2/chris-olah-s-views-on-agi-safety">Interpretability pioneer Chris Olah</a> and others argue that making models transparent is essential before AGI becomes a reality.
Meanwhile, Washington is boosting oversight. The<a href="https://www.nist.gov/congressional-and-legislative-affairs/nist-appropriations-summary-1/fy-2025-presidential-budget"> National Institute of Standards and Technology</a> requested $47.7 million in its fiscal 2025 budget to expand the U.S. AI Safety Institute.&nbsp;
See Also: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
<h2 class="wp-block-heading">Big Tech's Billions Power The Push</h2>
Venture capital is pouring into this frontier. In 2024, Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)<a href="https://www.aboutamazon.com/news/company-news/amazon-anthropic-ai-investment"> finalized</a> a $4 billion investment in Anthropic. The deal made Amazon Web Services the startup's primary cloud provider and granted its enterprise clients early access to Claude models.&nbsp;
AWS now underwrites much of the compute needed for these deep diagnostics—and investors want more than raw performance. As risks grow, the demand for explainable AI is no longer academic. Transparency, it turns out, might just be the killer feature.
Read Next: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a>
Image: Shutterstock

AMZN

We Have No Idea Why It Makes Certain Choices, Says Anthropic CEO Dario Amodei as He Builds an 'MRI for AI' to Decode Its Logic

In a wide-ranging conversation with David Friedberg, billionaire investor Ray Dalio compared today's AI investment <a href="https://www.benzinga.com/markets/equities/25/01/42995814/billionaire-investor-who-predicted-the-dot-com-crash-25-years-ago-warns-of-another-market-storm-brewing-in-the-us">frenzy to the dot-com bubble</a>, warning that overhyped assets, rising interest rates and global tech tensions could spell trouble for unprepared investors.
What Happened: Speaking with Friedberg on the All-In podcast earlier this year, Dalio underscored the risks of blindly investing in hot sectors like artificial intelligence without regard to valuation or macroeconomic conditions.
"This looks quite a lot like 1998 or '99," Dalio said, referencing the peak of the dot-com era. "A great company that gets expensive is much worse than a bad company that's really cheap."
See Also: <a href="https://www.benzinga.com/general/market-summary/25/05/45512063/ray-dalio-warns-against-decreasing-value-of-us-dollar-amid-mounting-government-debt-risks-are-greater-than-the-rating-agencies-are-conveying">Ray Dalio Warns Against Decreasing Value Of US Dollar Amid Mounting Government Debt: &#8216;Risks Are Greater Than The Rating Agencies Are Conveying&#8217;</a>
While both Friedberg and Dalio agreed that investing in productivity, such as AI, robotics and manufacturing, makes long-term sense, Dalio warned that prices and global competition cannot be ignored.&nbsp;
"The AI war… It's a war that no country can lose because it's more important than profits," he said, highlighting the strategic <a href="https://www.benzinga.com/tech/25/04/44892275/eric-schmidt-warns-china-is-going-to-win-ai-race-unless-washington-fights-with-funding-and-instills-american-values-at-the-core">urgency in the U.S.–China tech race</a>.
Dalio also raised concerns about market concentration and herd behavior. "The world is so leverage long," he said, referring to investors piling into similar bets with borrowed money. "You have to pay attention to correlation."
He stressed the importance of uncorrelated assets and geographic diversification. "That's why when I look at something like gold, it's interesting… it reduces the risk of the portfolio," he added.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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Why It's Important: Dalio's remarks come as AI stocks dominate market headlines and portfolios. Names like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and others have seen soaring valuations, driven by enthusiasm around generative AI.
But as monetary policy tightens and geopolitical tensions rise, Dalio cautions investors not to confuse a great narrative with a safe investment. His advice? Don't just chase the winners—watch the price, manage risk and diversify broadly.
"Everybody says it's going to be great," Dalio said. "But the price has to be paid attention to."
In an environment where excitement can outpace fundamentals, Dalio's message is clear: the future may be AI-powered, but smart investing still depends on discipline.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

MSFT

NVDA

Ray Dalio Says Investors Are Chasing AI Hype Like It's 1999 And It Could End Just As Badly: Here's What He Recommends

This past week, truncated by the Memorial Day, Wall Street saw a rollercoaster of action, as markets responded to geopolitical tensions, earnings from corporations, and economic data. In spite of the volatility, some ETFs were able to perform better, presenting investors with pockets of opportunity.
Also Read: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/05/45679047/nvda-tsla-turbocharge-qqq-surge-toward-best-month-since-2023">NVDA, TSLA Turbocharge QQQ Surge Toward Best Month Since 2023</a>
5 ETFs That Did Well This Week
Direxion Daily Uranium Industry Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URAA#NYSE">URAA</a>): up 7.15%
Uranium prices have been glowing, and URAA captured that momentum with its 2x leverage on uranium-related stocks. As the world leans back into nuclear energy for cleaner alternatives, backed by President Donald Trump&#8217;s nuclear energy push, this ETF has surged on optimism around demand and geopolitical supply concerns.
Direxion Daily MSCI South Korea Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORU#NYSE">KORU</a>): up 10%
KORU led the charge with its 3x exposure to South Korean stocks, supported by a tech bounce and investor optimism in the region&#8217;s chipmaking capabilities. AI and semiconductor export sentiment remained positive and provided KORU with its weekly boost.
VanEck Uranium and Nuclear ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLR#NYSE">NLR</a>): up 4%
NLR also surfed the nuclear energy wave, providing more diversified and lower-volatility exposure than URAA. The worldwide nuclear renaissance, particularly in Europe and Asia, has spurred investor demand for uranium-related infrastructure.
YieldMax AI Option Income Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIYY#NYSE">AIYY</a>): up 9.17%
AIYY profited as it rode the AI boom with a spin—earning returns by employing options strategies on AI-themed equities. As Nvidia&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) quarterly results rekindled AI mania, income-hungry investors took refuge in this ETF as an intelligent wager on smart technology.
Sprott Junior Copper Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COPJ#NASDAQ">COPJ</a>): up 4.7%
COPJ rode higher copper prices, which were supported by firming global supply and growing demand for green technology and EV infrastructure. Junior copper miners, otherwise more erratic, received a firm bid from investors looking for the metal&#8217;s long-term path.
Market Overview
Wall Street served up a week of drama, with markets oscillating between optimism and worry. Tuesday got off to a robust start as <a href="https://www.benzinga.com/government/regulations/25/05/45627060/wall-street-rockets-as-bond-yields-drop-tesla-hits-3-month-highs-whats-driving-markets-tuesday">declining bond yields underpinned a broad advance</a>, lifting the S&amp;P 500 and Nasdaq while Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) jumped to a three-month high.
But by Wednesday, the momentum was lost as investors became nervous in <a href="https://www.benzinga.com/25/05/45651401/wall-street-stalls-as-treasury-yields-climb-again-ahead-of-nvidia-earnings-fed-minutes-whats-driving-markets-wednesday">anticipation of Nvidia&#8217;s earnings</a> and the release of Fed minutes, as Treasury yields slowly advanced, spoiling the mood.
On Thursday, <a href="https://www.benzinga.com/25/05/45677482/stocks-edge-higher-nvidia-rallies-to-3-month-highs-bitcoin-dips-below-107000-whats-driving-markets-thursday">Nvidia dazzled the tech industry with solid earnings</a>, pushing its stock to a three-month high and propelling the broader market, aided in part by a court decision that temporarily blocked a number of Trump&#8217;s tariffs on Chinese imports.
Just when all seemed rosy, Friday rolled in the clouds: Donald Trump blew back into <a href="https://www.benzinga.com/markets/equities/25/05/45701116/wall-street-slumps-as-trump-reignites-china-trade-tensions-nvidia-wipes-out-earnings-rally-whats-driving-markets-friday">U.S.-China trade tensions by accusing Beijing of violating a tariff truce</a>, which spooked investors and erased much of Nvidia&#8217;s rally. Bitcoin, meanwhile, fell below $107,000, adding a pinch of crypto angst to the mix. All in all, the week was a volatile cocktail of earnings elation, bond market jitters, and geopolitical déjà vu.
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</ul>

Broad U.S. Equity ETFs

AIYY

COPJ

KORU

URAA

ETFs This Week: Markets Whipsaw On Nvidia, Fed, And China—5 Funds That Outperformed

Robert Reich, who served as labor secretary under President Bill Clinton, called out what he sees as a glaring contradiction in corporate America: <a href="https://www.benzinga.com/news/25/05/45127511/ceo-pay-surges-50-since-2019-as-worker-wages-stall-oxfam-calls-for-75-tax-on-super-rich-ahead-of-international-workers-day">skyrocketing CEO pay</a> alongside stagnant wages for everyday workers.
&#8220;CEO pay is up 1,085% since 1978, while typical worker pay is up just 24%,&#8221; Reich wrote May 24 <a href="https://x.com/RBReich/status/1926337713482932467">on X</a>. &#8220;Why do we always hear &#8216;we can&#8217;t afford to pay our workers more&#8217; but never &#8216;we can&#8217;t afford to pay our CEO more&#8217;?&#8221;
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<h2 class="wp-block-heading">A Growing Pay Divide</h2>
Reich&#8217;s post drew on data from a 2024 <a href="https://www.epi.org/publication/ceo-pay-in-2023/">report</a> by the Economic Policy Institute, which shows that while CEO compensation dipped in 2023, the long-term trend is unmistakable: executive pay has exploded over the last four decades.
In 2023, CEOs at the top 350 U.S. firms earned 290 times more than the average worker. That's a huge jump from 1965, when the ratio was just 21 to one.
The report also found that CEO compensation has increased far faster than even the earnings of the top 0.1% of wage earners, indicating it&#8217;s not just about market competition for talent. &#8220;CEO compensation reflects substantial &#8216;rents&#8217; (income in excess of actual productivity),&#8221; the authors wrote.
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One reason for this, the report says, is that CEOs have more sway over their pay than most workers do. Their compensation is heavily tied to stock performance and negotiated with corporate boards that often lack independence. In 2023, stock-related pay made up 77.6% of total CEO compensation.
Meanwhile, average worker pay has only seen a modest increase, just 24% since 1978, despite a 74.8% rise in overall productivity during that time.
<h2 class="wp-block-heading">Policy Proposals to Close the Gap</h2>
The EPI report says this imbalance is a key driver of income inequality. &#8220;If very high earners hadn&#8217;t pulled away so dramatically, there would be room for broader-based wage growth for the rest of the workforce,&#8221; it notes.
See Also: <a href="https://www.benzinga.com/money/this-ai-imaging-technology-has-been-used-in-more-than-500-surgeries-now-you-can-be-part-of-the-ai-imaging-revolution">Be part of the next med-tech breakthrough for only $350 — 500+ surgeries already done with nView's AI system.</a>
To rein in executive pay, the report suggests policies such as <a href="https://www.benzinga.com/news/25/05/45317302/trump-renews-effort-to-hike-taxes-on-wealthy-americans-holds-talks-with-mike-johnson-report">raising taxes on top incomes</a>, tying corporate tax rates to CEO-to-worker pay ratios, and giving shareholders more power to approve or reject executive compensation packages.
Reich's post comes amid broader conversations about wage fairness, labor strikes, and inflation. His question touches a nerve in today's economy: why is there always money for the top, but not for the base?
Read Next: 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-2">with $1,000 you can invest at just $0.30/share!</a>
Image: Shutterstock

Robert Reich Says 'CEO Pay Is Up 1,085% Since 1978,' Worker Pay Up Only 24%. Asks, Why Is It Always 'We Can't Afford Workers,' But Never CEOs?

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/25/05/45171636/exclusive-aprils-20-most-searched-tickers-on-benzinga-pro-where-do-tesla-apple-palantir-nvidia-stocks-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: April&#8217;s 20 Most-Searched Tickers On Benzinga Pro — Where Do Tesla, Apple, Palantir, Nvidia Stocks Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending May 30:
 CRH PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>): The building materials company saw strong interest from Benzinga readers during the week. There was minimal news for the company outside of a recent quarterly financial report in early May. The company <a href="https://www.crh.com/media/press-releases/2025/crh-q1-2025-results">reported </a>revenue growth of 3% year-over-year with a figure that beat Street estimates. The company missed analyst estimates for earnings per share. Bernstein initiated coverage on the stock with an Outperform rating shortly after financial results. CRH CEO Jim Mintern said the first quarter results showed strength and highlighted the company's differentiated strategy and recent acquisitions.
"Although the first quarter is typically the seasonally least significant period for our business, we are encouraged by the continued strength of underlying demand across our key markets," Mintern said.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="997" height="498" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431.png" alt="" class="wp-image-933808" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>): The chipmaker rejoins the Stock Whisper Index months after<a href="https://www.benzinga.com/trading-ideas/25/03/44448522/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-58"> a March appearance.</a> The company reported first-quarter financial results on May 1 with earnings per share of $4.04 beating a Street consensus estimate of $4.01. This marked more than 10 straight quarters or earnings per share that beat analyst estimates. The company beat analyst revenue estimates in the quarter, marking nine straight quarters of beating analyst estimates. Analysts were <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">mixed on the quarter </a>with strong ratings remaining but several price targets taken lower.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="999" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432.png" alt="" class="wp-image-933809" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432-768x389.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Amphenol Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>): The connectors and sensors company returns to the list <a href="https://www.benzinga.com/trading-ideas/25/05/45482435/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-65">two weeks later</a> with the stock soaring to new all-time highs and continuing momentum since reporting quarterly financial results. In April, the company beat earnings per share and revenue estimates from analysts, marking more than 10 straight quarters of beats for both figures. Sales were up 48% year-over-year in the first quarter with strong organic growth and contributions from recent acquisitions. Analysts raised<a href="https://www.benzinga.com/quote/APH/analyst-ratings"> the price targets </a>after the results and more are diving into the stock in recent weeks. UBS recently maintained a Buy rating on the stock and raised the price target from $85 to $106. Citi maintained a Buy rating and raised the price target from $85 to $100. The stock was up over 8% for the week and shares are up over 35% in the last year. Amphenol could be one of the top stocks to watch heading into its next earnings report after a series of consecutive beats and analyst price target increases.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="997" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433.png" alt="" class="wp-image-933810" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433-768x386.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Home Depot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>): The home improvement retailer saw strong interest from readers during the week after recently reporting<a href="https://www.benzinga.com/news/earnings/25/05/45518559/home-depot-flags-tariff-and-supply-chain-risks-in-risk-statement-but-does-not-revise-outlook"> first-quarter financial results</a>. The company reported sales growth of 9.4% year-over-year with sales beating analyst estimates. Earnings per share from the company missed Street estimates in the quarter. Likely helping the company the most was reaffirming its full-year financial guidance in the<a href="https://www.benzinga.com/25/05/45536279/home-depot-accelerates-supply-chain-diversification-shifts-sourcing-away-from-single-countries-management-sees-limited-impact-from-tariffs"> wake of tariffs. </a>Home Depot did not specifically mention tariffs, but discussed potential supply chain risks, while remaining optimistic on the full-year outlook.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="995" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434.png" alt="" class="wp-image-933811" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434-768x392.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>): A strong<a href="https://www.benzinga.com/news/earnings/25/05/45553121/snowflake-q1-earnings-revenue-eps-beat-estimates-ai-data-cloud-company-sees-25-growth-ahead-shares-climb"> financial report </a>and analyst price target increases likely led to Snowflake being on the list and seeing increased reader interest. The company beat analyst estimates for both revenue and earnings per share in the first quarter with revenue up 26% year-over-year. The company ended the quarter with remaining performance obligations of $6.7 billion, up 34% year-over-year. The company also ended the quarter with 606 customers that have trailing 12-month product revenue of more than $1 million. Investors and analysts were impressed with the report and guidance with a large number of analysts <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">raising their price targets</a> after the report. Along with earnings, Snowflake also announced a <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45623498/snowflakes-ai-driven-insights-to-power-la28-olympic-and-paralympic-games">three-year partnership</a> to be the Official Data Collaboration Provider of the 2028 Olympics and Paralympic Games and Team USA. Snowflake stock was up over 3% on the week with shares now up over 45% in the last year.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435.png" alt="" class="wp-image-933812" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45183831/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-63" target="_blank" rel="noreferrer noopener">May 2</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45335286/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-64" target="_blank" rel="noreferrer noopener">May 9</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45482435/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-65" target="_blank" rel="noreferrer noopener">May 16</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45600269/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-66">May 23</a></li>
</ul>
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/04/45112477/exclusive-if-meta-is-forced-to-divest-instagram-whatsapp-or-facebook-43-pick-this-standout" target="_blank" rel="noreferrer noopener">EXCLUSIVE: If Meta Is Forced To Divest Instagram, WhatsApp, Or Facebook, 43% Pick This Standout</a></li>
</ul>

Exclusives

Trading Ideas

MPWR

SNOW

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Former President Barack Obama once said that he believes achieving success often requires sacrificing <a href="https://www.benzinga.com/news/24/05/38635370/meta-or-google-which-tech-giant-offers-better-work-life-balance-heres-what-an-ex-product-manager-who">work-life balance</a>, but says it's possible to restore that balance over time.
What Happened: Speaking on The Pivot Podcast in October last year, Obama explained that high achievement in any field—whether politics, business, or sports—inevitably requires intense, unbalanced effort at times, <a href="https://fortune.com/2025/05/30/former-president-barack-obama-work-life-balance-not-real-successful-people-career-grind/">reported</a> Fortune.
&#8220;If you want to be excellent at anything—sports, music, business, politics—there's going to be times of your life when you're out of balance, where you're just working and you're single-minded," Obama said.
He recalled the demanding 18-month grind of his first presidential campaign, during which his wife Michelle Obama carried much of the family burden alone while also working full-time.
See Also: <a href="https://www.benzinga.com/tech/25/03/44157414/mark-cuban-once-shared-a-powerful-yet-humbling-take-on-work-life-balance-here-are-5-more-eye-opening-statements-from-jeff-bezos-jamie-dimon-and-elon-musk-that-will-make-you-rethink-your-lif">Mark Cuban Once Shared A Powerful Yet Humbling Take On Work-Life Balance</a>
After taking office, Obama made a personal rule to have dinner every night at 6:30 p.m. with Michelle and their daughters, even if he had to return to work later. "They ground you and give you perspective, and over time, that makes you better."
Obama also stressed the importance of mutual support in relationships. "You can have it all—but you can't have it all at once," he said.
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Why It's Important: Obama's remarks echo similar sentiments from leaders like LinkedIn cofounder Reid Hoffman, who argued that balance is unrealistic during the most critical phases of building something meaningful, the report noted.
Previously, Kevin O'Leary also said that if you're starting a business in your 20s, <a href="https://www.benzinga.com/startups/24/10/41231722/kevin-oleary-says-theres-no-worklife-balance-for-new-entrepreneurs-as-guys-in-mumbai-or-shanghai-wor">don't count on having</a> a work-life balance. With intense competition and low barriers to entry, entrepreneurs can't afford to take it easy while building their companies.
Meanwhile, Amazon founder Jeff Bezos has a different idea of &#8220;work-life balance,&#8221; calling it a &#8220;debilitating phrase&#8221; that implies a strict trade-off. He <a href="https://www.benzinga.com/general/24/06/39383085/for-jeff-bezos-work-life-balance-is-debilitating-but-also-doesnt-want-to-be-the-guy-who-drains-all-t">promotes the concept of</a> &#8220;work-life harmony,&#8221; where being happy at work and home fuels energy for both.
In an interview, OpenAI CEO Sam Altman likened work-life balance in the <a href="https://www.benzinga.com/news/24/03/38012384/openai-ceo-sam-altman-shares-wisdom-on-work-life-balance-and-career-growth-in-your-twenties-compound">twenties to compound interest</a>. He advised working hard early in your career, as small, consistent improvements and relationship-building create a powerful compounding effect over time, making early effort more valuable than late-career hustle.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/startups/24/10/41231722/kevin-oleary-says-theres-no-worklife-balance-for-new-entrepreneurs-as-guys-in-mumbai-or-shanghai-wor" target="_blank" rel="noreferrer noopener">Kevin O'Leary Says There's No Work/Life Balance For New Entrepreneurs As ‘Guys In Mumbai Or Shanghai' Work '24hrs A Day, Eight Days A Week'</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Barack Obama Once Said Work-Life Balance Isn't Always Possible If You Want To Be Successful: 'You Can Have It All—But You Can't Have It All At Once'

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
In May, U.S. stocks recorded their strongest monthly rally since November 2023, driven by easing trade tensions and robust tech earnings. The S&amp;P 500 rose 6.2%, and the Nasdaq Composite surged 9.6%, returning both indices to positive territory for the year. The "Magnificent Seven" tech giants led the charge, with Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock climbing 24% after reporting a 70% year-over-year revenue increase.
Despite the tech sector's dominance, investors anticipate a broader market rally, citing improving earnings in sectors like industrials, consumer staples, and financials. Analysts expect the earnings growth gap between the Magnificent Seven and the rest of the S&amp;P 500 to narrow in 2025.
However, uncertainties remain. A U.S. court ruling declared President Donald Trump's recent tariffs illegal, though the decision was promptly appealed. Analysts warn that renewed tariffs, particularly on chips and pharmaceuticals, could threaten the sustainability of recent market gains.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45655507/tech-analyst-expects-palantir-stock-to-rise-above-400-as-ai-revolution-kicks-into-gear">"Tech analyst expects Palantir stock to rise above $400 as AI revolution kicks into gear"</a>, by Adam Eckert, reports that Wedbush analyst Dan Ives predicts Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) will surpass $400 per share and reach a $1 trillion market cap within a few years, citing its leadership in AI and calling it the "Messi of AI."
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45675006/nvidia-stock-has-significant-upside-as-ai-godfather-jensen-huang-delivers-another-robust-quarter">"Nvidia stock has ‘significant upside' as AI ‘godfather' Jensen Huang delivers another ‘robust quarter'"</a>, by Chris Katje, reports that Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares rose after the company beat Q1 estimates and analysts projected a market cap of up to $5 trillion, citing surging demand for its Blackwell AI chips and growth in AI infrastructure despite China export restrictions.
<a href="https://www.benzinga.com/news/earnings/25/05/45682895/ulta-beauty-stock-climbs-after-better-than-expected-q1-report-raised-fiscal-2025-outlook">"Ulta Beauty stock climbs after better-than-expected Q1 report, raised fiscal 2025 outlook"</a>, by Erica Kollmann, reports that Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) shares surged over 11% after the company exceeded Q1 earnings and revenue expectations, posting $6.70 EPS and $2.85 billion in sales, and raised its fiscal 2025 guidance amid strong demand for skincare and fragrance products.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/earnings/25/05/45683235/uipath-stock-surges-on-q1-earnings-beat-raised-guidance-this-was-a-milestone-quarter">UiPath Stock Surges On Q1 Earnings Beat, Raised Guidance: ‘This Was A Milestone Quarter'</a>
<a href="https://www.benzinga.com/government/regulations/25/05/45650179/uranium-stocks-hit-17-year-highs-as-mays-rally-marks-best-month-on-record">Uranium Stocks Hit 17-Year Highs As May's Rally Marks Best Month On Record</a>
<a href="https://www.benzinga.com/general/biotech/25/05/45648350/why-is-gsk-partner-spero-therapeutics-stock-skyrocketing-on-wednesday">Why Is GSK Partner Spero Therapeutics Stock Skyrocketing On Wednesday?</a>

The Bears
<a href="https://www.benzinga.com/news/earnings/25/05/45681892/marvell-technology-stock-slips-after-q1-results-details">"Marvell Technology stock slips after Q1 results: Details"</a>, by Erica Kollmann, reports that Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) shares fell over 3% after the company posted Q1 adjusted earnings of 62 cents per share on $1.9 billion in revenue—both slightly above analyst estimates—but investors showed muted enthusiasm despite strong AI-driven data center demand and a raised Q2 revenue forecast of $2 billion.
<a href="https://www.benzinga.com/trading-ideas/movers/25/05/45692578/regeneron-sanofi-stock-falls-after-uneven-smokers-lung-drug-data">"Regeneron, Sanofi stock falls after uneven smoker's lung drug data"</a>, by Vandana Singh, reports that Regeneron Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) and Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) shares declined after their experimental COPD drug, itepekimab, showed a 27% reduction in exacerbations in one Phase 3 trial but failed to meet the primary endpoint in a second trial, raising concerns about its efficacy.
<a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45645056/gold-etf-bleeds-money-at-fastest-pace-in-3-years-is-the-safe-haven-trade-over">"Gold ETF bleeds money at fastest pace in 3 years — is the safe-haven trade over?"</a>, by Piero Cingari, reports that the SPDR Gold Shares ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) experienced $2.1 billion in outflows in May — its worst since July 2022 — as easing U.S.-China tensions and a surging S&amp;P 500 shifted investor appetite toward riskier assets, though Goldman Sachs still forecasts gold reaching $3,700 per ounce by year-end, driven by central bank demand and long-term macro risks.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/news/stock-split/25/05/45679654/mullen-automotive-stock-is-tumbling-thursday-whats-driving-the-action">Mullen Automotive Stock Is Tumbling Thursday: What's Driving The Action?</a>
<a href="https://www.benzinga.com/general/biotech/25/05/45655674/rocket-pharmas-gene-therapy-future-clouded-by-regulatory-uncertainty">Rocket Pharma's Gene Therapy Future Clouded By Regulatory Uncertainty</a>
<a href="https://www.benzinga.com/general/biotech/25/05/45624650/why-is-neuropace-stock-falling-after-epilepsy-treatment-study-data">Why Is NeuroPace Stock Falling After Epilepsy Treatment Study Data?</a>
Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
Image created using artificial intelligence via Midjourney.

MRVL

MULN

NPCE

PATH

PLTR

RCKT

REGN

SPRO

ULTA

Benzinga Bulls And Bears: Nvidia, Palantir, Marvell Technology — And Markets Rallied In May

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon delivered a pointed message on national security policy at the Reagan National<a href="https://www.benzinga.com/markets/economic-data/25/05/45704089/jamie-dimon-warns-of-bond-market-crisis-caused-by-us-debt-binge-youre-going-to-panic"> Economic Forum on Friday.&nbsp;</a>
The Details: The head of the largest bank in the country spoke to a group gathered and argued that the United States must focus more on traditional defense priorities and less on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).&nbsp;
"We don't need to stockpile bitcoin," Dimon said. "We should be stockpiling guns, bullets, tanks, planes, drones, you know, rare earths—we know what we need to do, it's not a mystery."&nbsp;
Read Next:<a href="https://www.benzinga.com/news/management/25/05/45675714/can-michael-burrys-nvidia-short-survive-the-stocks-stunning-comeback?utm_source=articleShare"> Can Michael Burry&#8217;s Nvidia Short Survive The Stock&#8217;s Stunning Comeback?</a>
Dimon said that JPMorgan will publish a "Defense Action Form" that aims to guide industry and government toward eliminating excess production surpluses and increased defense spending, among other recommendations.&nbsp;
He also criticized the military's reliance on long-term procurement cycles and suggested the need to become more flexible with contracts in order to pivot, when necessary, to evolving technologies.&nbsp;
"The military can't have a 30-year program," he urged, echoing a growing chorus in Washington calling for increased defense budgets and faster modernization to keep pace with global rivals.
Why It Matters: Dimon's comments on the importance of increased defense spending and preparations in the name of national security come amid heightened debate over America's role in the world, as policymakers grapple with the balance between domestic needs and global security commitments.
However, Dimon's comments on bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45557864/jamie-dimon-is-no-fan-of-bitcoin-but-trumps-crypto-czar-made-an-attempt-to-change-the-jpmorgan-ceos-mind-using-this-narrative">were not surprising</a> as the JPMorgan CEO has been consistently skeptical of the cryptocurrency and said it has "no intrinsic value" in a January 2025 interview with CBS.&nbsp;
"It's used heavily by sex traffickers, by money launderers, ransomware. So I just don't feel great about bitcoin," he added.&nbsp;
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Politics

Management

US Should Stockpile Bullets, Not Bitcoin, Jamie Dimon Says

In a podcast conversation that was made public Friday, U2 frontman Paul David Hewson, popularly known by the nickname Bono, told Joe Rogan that over 300,000 people have died globally <a href="https://www.benzinga.com/25/05/45345966/bill-gates-criticizes-elon-musk-over-usaid-cuts-demonizing-aid-workers-is-deeply-unfair-warns-against-undermining-global-health-efforts">due to severe cuts</a> to U.S. Agency for International Development (USAID) funding led by Elon Musk's Department of Government Efficiency (DOGE)—a claim the billionaire swiftly denied, calling Bono a "liar."
What Happened: During an appearance on The Joe Rogan Experience, Bono cited a report suggesting that more than 300,000 people, mostly children, have died from the abrupt funding freeze at USAID.
He said that the cuts resulted in food, water, and medical aid being stranded due to mass layoffs of key personnel.
"There's food rotting in boats, in warehouses—50,000 tons of it," Bono said. "The people who knew the codes, who were responsible for distributing that aid, were fired. That's not America, is it?"
See Also: <a href="https://www.benzinga.com/tech/25/05/45510245/elon-musk-was-once-a-microsoft-intern-now-his-company-is-bringing-grok-to-azure-incredibly-important-for-ai-to-be-grounded-in-reality-xai-ceo-tells-satya-nadella" target="_blank" rel="noreferrer noopener">Elon Musk Was Once A Microsoft Intern — Now His Company Is Bringing Grok To Azure</a>
The statistic comes from modeling done by Brooke Nichols, an infectious disease expert at Boston University.
Musk responded to Bono's comment on his social media platform, X, formerly Twitter, <a href="https://x.com/elonmusk/status/1928650871035891811">saying</a>, "He's such a liar/i&#x2A;&#x2A;&#x2A;&#x2A;," adding, "Zero people have died!"
Why It's Important: The USAID budget was slashed by over 80% earlier this year, following Trump's executive order authorizing DOGE to cut $1 trillion in federal spending, <a href="https://www.thetimes.com/us/american-politics/article/usaid-doge-deaths-children-cuts-7nb83dfkp">reported</a> The Times.
USAID's programs, which once supported food aid, clean water access, and HIV treatment in over 120 countries, have been largely dismantled or folded into the State Department.
At a congressional hearing last week, Rep. Brad Sherman (D-Calif.) pressed Secretary of State Marco Rubio on whether anyone had died due to the aid cuts, which Rubio called a lie, <a href="https://www.washingtonpost.com/politics/2025/05/28/rubio-aid-cuts-deaths-fact-checker/">reported</a> the Washington Post.
Rubio also called the question "unfair" and pointed to other countries&#8217; aid reductions.
Meanwhile, on Friday, Musk ended his contentious four-month stint as head of the DOGE.
Despite failing to deliver the anticipated savings, President Donald Trump presented him with a <a href="http://v/">golden key to the White House</a> in a symbolic gesture of appreciation.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Bono Tells Joe Rogan That 300,000 People Have Died From DOGE-Led USAID Cuts: Elon Musk Calls Him A Liar, Says 'Zero People Have Died'

Cresco Labs (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. This is a 100 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $165.76 million which beat the analyst consensus estimate of $165.48 million by 0.17 percent. This is a 10.06 percent decrease over sales of $184.29 million the same period last year.

Earnings

Earnings Beats

CRLBF

Cresco Labs Q1 EPS $(0.04), Inline, Sales $165.76M Beat $165.48M Estimate

On Friday, President Donald Trump announced that he is doubling U.S. tariffs on imported steel to 50%, while also <a href="https://www.benzinga.com/news/global/25/05/45622810/japans-nippon-steel-to-acquire-us-steel-at-55-per-share-report">endorsing the sale</a> of U.S. Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) to Japan's Nippon Steel.
What Happened: Speaking at a U.S. Steel facility in West Mifflin, Pennsylvania, Trump called the 50% tariff hike a "major announcement" aimed at revitalizing the American steel industry and protecting domestic jobs, <a href="https://edition.cnn.com/2025/05/30/business/trump-announces-50-percent-steel-tariff">reported</a> CNN.
"We are going to be imposing a 25% increase," Trump said. "We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States. Nobody's going to get around that."
Trump said he initially considered a 40% tariff but raised it after feedback from industry leaders. "At 25% they can sorta get over that fence," he said, adding, "At 50% nobody's getting over that fence."
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45510245/elon-musk-was-once-a-microsoft-intern-now-his-company-is-bringing-grok-to-azure-incredibly-important-for-ai-to-be-grounded-in-reality-xai-ceo-tells-satya-nadella" target="_blank" rel="noreferrer noopener">Elon Musk Was Once A Microsoft Intern — Now His Company Is Bringing Grok To Azure: ‘Incredibly Important For AI To Be Grounded In Reality,&#8217; xAI CEO Tells Satya Nadella</a>
The new tariffs will take effect on Wednesday, June 4, he informed later via a post on Truth Social.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/31015937/Screenshot-2025-05-31-at-11.29.33%E2%80%AFAM-1024x353.png" alt="" class="wp-image-933985" /><figcaption class="wp-element-caption">Source: Truth Social</figcaption></figure>
Trump also celebrated Nippon Steel's acquisition of U.S. Steel, which had previously been blocked by former President Joe Biden on national security grounds.
"US Steel was being sold into foreign hands with no protections for our great steel workers," the President said. "And I said there's no way we're gonna let that happen. I was watching over you."
Why It's Important: On March 12, Trump enacted <a href="https://www.benzinga.com/markets/equities/25/03/44269301/trumps-25-tariffs-on-steel-and-aluminum-imports-take-effect-eu-retaliates-us-steel-nucor-century-aluminum-and-other-domestic-stocks-cheer">broad 25% tariffs on all steel and aluminum</a> imports, prompting swift retaliation from Canada and drawing criticism from the U.S. auto sector.
The EU also responded with plans for counter-tariffs, which were later withdrawn, the report added. Since the March announcement, domestic steel prices have climbed as U.S. producers faced less foreign competition.
Back in 2018, when similar tariffs were implemented during Trump's first term, U.S. steel production rose slightly.
However, according to a 2023 report by the International Trade Commission, these tariffs also drove up prices for vehicles, machinery, and tools, reducing output in those sectors by over $3 billion by 2021, suggesting the economic costs may have outweighed the benefits, the report said.
According to U.S. Commerce Department figures, the country imported $31.3 billion in iron and steel last year. Canada was the leading supplier, sending $7.6 billion worth of those materials to the U.S.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Trump Doubles Steel Tariffs To 50% Saying It Will 'Secure' American Jobs, Backs US Steel's Takeover By Japan's Nippon

President Donald Trump has mandated that automakers, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) , manufacture entire vehicles and all components within the U.S. This announcement was made during a press conference on Friday, coinciding with Elon Musk&#8217;s departure as a senior adviser at the White House.
What Happened: President Trump addressed concerns regarding tariffs impacting companies like Tesla that import auto parts.
He assured that Musk would eventually produce entire cars domestically, noting, &#8220;Pretty much he does.&#8221;
Trump emphasized that all manufacturers must build their parts in the U.S., expressing dissatisfaction with parts being made in countries like Canada, Mexico, and Europe.
&#8220;Nobody knew what the hell was happening,&#8221; he stated, declaring that within the next year, automakers must ensure complete production occurs in America.
Earlier this year, the Trump administration imposed a 25% tariff on imported vehicles and auto parts, which the auto industry claims will disrupt supply chains and increase car prices. While Tesla manufactures its electric vehicles in the U.S., many key components are sourced from abroad.
See Also: <a href="https://benzinga.com/markets/equities/25/05/45691777/how-bill-ackmans-stock-tip-turned-a-new-york-taxi-drivers-50-thousand-into-a-3-million-retiremen">How Bill Ackman&#8217;s Stock Tip Turned A New York Taxi Driver&#8217;s $50 Thousand Into A $3 Million Retirement Fund</a>
Why It Matters: The automotive industry has been grappling with the implications of tariffs since President Trump hinted at increasing the 25% tariff on Canadian automobile imports in April, suggesting that the U.S. auto industry would benefit from reduced Canadian involvement.
In a statement from the Oval Office, <a href="https://www.benzinga.com/news/25/04/45018925/trump-says-us-doesnt-need-canadian-cars-hints-tariffs-could-rise-we-dont-want-your-cars-with-all-due">Trump remarked</a>, "We don&#8217;t want your cars, with all due respect."
In May, General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) CEO Mary Barra <a href="https://www.benzinga.com/25/05/45664131/general-motors-ceo-backs-trumps-auto-tariffs-as-a-tool-to-level-the-playing-fieldtheyve-taken-the-time-to-understand-our-industry">expressed support</a> for Trump&#8217;s tariffs, citing them as a tool to level the playing field against foreign government subsidies and tax policies.
The Trump administration <a href="https://www.benzinga.com/25/05/45249274/trump-eases-auto-tariffs-auto-makers-welcome-and-appreciate-the-move">eased some auto tariffs</a>, allowing for reimbursements for domestic car producers importing parts, though these reimbursements will phase out over time.
This policy shift underscores the administration&#8217;s commitment to strengthening the U.S. automotive sector by encouraging domestic production, a move that could have significant implications for automakers and their supply chains.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Trump Demands Automakers, Including Tesla, Build Entirely In The US

Taylor Swift has officially bought back the master recordings of her first six albums, marking the end of a bitter and public battle over the rights to her music.
What Happened: In a heartfelt statement posted to her website, Swift wrote, "I've been bursting into tears of joy at random intervals ever since I found out this is really happening," adding, "All of the music I've ever made now belongs to me."
The development was first <a href="https://www.bbc.com/news/articles/cp3n799d0v5o">spotted</a> by the BBC.
The <a href="https://www.benzinga.com/general/entertainment/24/05/38676513/taylor-swift-vs-scooter-braun-new-docuseries-on-bitter-music-feud-to-skip-us-launch">conflict began in 2019</a> when music executive Scooter Braun acquired Big Machine Records, Swift's former label, and with it, the masters of her albums Taylor Swift, Fearless, Speak Now, Red, 1989, and Reputation.
Swift, who was not given the opportunity to purchase the masters herself, publicly objected to the sale, citing Braun's ties to Kanye West and calling the deal a betrayal, the report noted.
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As a workaround, Swift <a href="https://www.benzinga.com/general/entertainment/23/08/33696661/taylor-swift-announces-1989-as-next-rerecorded-album-during-eras-tour-in-los-angeles">began re-recording her early albums</a> as &#8220;Taylor's Versions&#8221; to regain control of her work. So far, she has released four of them, including Fearless (Taylor's Version) and 1989 (Taylor's Version).
"I almost stopped thinking it could ever happen," Swift wrote, reflecting on her two-decade struggle to regain control of her catalog. "But that's all in the past now."
Why It's Important: Owning her master recordings gives Swift full control over how her music is licensed and distributed—a crucial shift in an industry where artists often lack that power.
While the exact terms of the buyback remain undisclosed, Swift emphasized that the fight was about more than business—it was about creative ownership.
In the letter, Swift told fans she&#8217;s paused work on re-recording her 2017 album Reputation, saying she hit a &#8220;stopping point&#8221; because the album was so tied to a specific, emotionally complex time in her life.
While a snippet of the re-recorded Reputation track "Look What You Made Me Do" was previewed recently, her letter hinted that the full re-recording may be delayed or possibly not happen, the report added.
Still, she plans to release unreleased vault tracks from the album if fans are interested.
Swift also confirmed she has re-recorded her self-titled debut album and is happy with how it sounds. She said both albums could still have their moment to re-emerge in the future, but only as a celebration, not from sadness or longing.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock/Brian Friedman

Entertainment

Legal

Taylor Swift Reclaims Ownership Of Her First 6 Albums From Scooter Braun: 'All Of The Music I've Ever Made Now Belongs To Me'

When listener Portia asked a question on the "<a href="https://omny.fm/shows/suze-ormans-women-and-money/ask-kt-suze-anything-will-i-really-be-able-to-retire">Women &amp; Money</a>" podcast about her variable annuity, Suze Orman didn't hold back. Based on the high fees Portia was paying and the surrender schedule she faced, Orman advised her to cut her losses — and fast.
If you've ever wondered whether an annuity is right for your retirement funds, especially when it involves rolling over a 401(k), this is a story worth paying attention to.
<h2 class="wp-block-heading">What Happened: A Costly Variable Annuity</h2>
Portia explained that she transferred $85,000 from her previous employer's 401(k) into a variable annuity at Fidelity in 2022. She's currently paying around $380 per quarter in fees — more than $1,500 per year — and the annuity has a nine-year surrender period. If she waits it out, she avoids the surrender charge but continues paying hefty fees. If she exits now, she'll face a penalty of roughly 7%.
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<a href="https://www.benzinga.com/25/05/45445458/i-got-a-new-job-with-my-dream-salary-but-now-i-miss-my-old-job-suze-orman-offers-some-advice">Orman</a> did the math. If Portia sticks with the annuity until the ninth year, she'll end up paying approximately $9,120 in fees. In contrast, her surrender charge today would be around $6,300 to $6,900. &#8220;Absolutely surrender it," Orman said. "It makes no sense for you to be in it."
<h2 class="wp-block-heading">Why Orman Advises Getting Out Now</h2>
Orman has long warned against putting retirement savings into <a href="https://www.benzinga.com/money/what-is-a-variable-annuity">variable annuities</a>, especially when they come from qualified accounts like a 401(k). In Portia's case, the high annual fees alone are reason enough to reconsider.
According to <a href="https://www.investopedia.com/ask/answers/093015/what-are-risks-rolling-my-401k-annuity.asp">Investopedia</a>, variable annuities often charge 2% to 3% annually just for management and administrative costs. Add in surrender charges, possible sales commissions, and insurance fees, and you're looking at a serious drain on your retirement savings over time.
Even though annuities offer the benefit of guaranteed income, that security comes at a price. "It makes no sense for you to be in it," Orman said. "You might even want to look at converting it little by little to a Roth IRA and really save money in the long run."
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
<h2 class="wp-block-heading">The Risks of Rolling Over a 401(k) Into an Annuity</h2>
Rolling a 401(k) into an annuity can sound appealing — it promises stability and income in retirement. But the move can backfire if you're not fully informed.
Here's why:
<ul class="wp-block-list">
<li>No added tax benefit: A 401(k) is already tax-deferred, so moving it into an annuity doesn't give you extra tax savings.</li>
<li>Limited flexibility: Annuities often lock you into fixed payment schedules, which can be a problem if your expenses vary month to month.</li>
<li>Hefty fees: Fees can quietly eat away at your balance, reducing your future payouts.</li>
<li>Inheritance issues: If you die prematurely, the remaining annuity funds may go to the insurance company — not your heirs.</li>
</ul>
See Also: 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>.
<h2 class="wp-block-heading">What Portia — and Others — Can Do Instead</h2>
Orman suggested that Portia surrender the annuity and reinvest the money in her IRA in a way that makes more financial sense. She also floated the idea of gradually converting the funds to a <a href="https://www.benzinga.com/personal-finance/25/05/45587754/i-contributed-after-tax-amounts-to-a-pre-tax-ira-can-i-withdraw-those-contributions-to-open-a-roth-account-heres-what-suze-orman-says">Roth IRA</a> to reduce future tax burdens.
If you're in a similar situation, consider seeking advice from a financial planner before making changes. Understanding your investment's fee structure, potential penalties, and tax implications is key to making the right decision.
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Image: Shutterstock

Personal Finance

$85,000 Investment Mistake? Suze Orman Says This Listener Should Exit Her Annuity ASAP

In a recent address, Jamie Dimon, CEO of JPMorgan Chase, highlighted internal challenges as a greater threat to the U.S. economy than tensions with China. This statement was made at the Reagan National Economic Forum in Simi Valley, California.
What Happened: Dimon expressed concerns on Friday about the internal challenges facing the U.S., overshadowing tensions with China.
Speaking at the Reagan National Economic Forum in Simi Valley, California, Dimon emphasized that while China is a potential adversary, the real threat lies within the U.S. itself, according <a href="https://www.cnbc.com/video/2025/05/30/jpmorgan-ceo-jamie-dimon-china-is-a-potential-adversary-but-i-worry-about-us-the-enemy-within.html">to</a> a CNBC report.
Dimon highlighted the need for the U.S. to address its internal issues, including values, capabilities, and management.
His comments come amid ongoing trade tensions between the U.S. and China, exacerbated by President Donald Trump&#8217;s tariffs, which have significantly impacted trade relations.
See Also: <a href="https://benzinga.com/media/25/05/45664231/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo-jensen">Tesla&#8217;s Optimus May Be The First Humanoid Robot To Achieve High Volume And Tech Scale, Says Nvidia CEO Jensen Huang</a>
Dimon warned that the standoff with China, which escalated after Trump&#8217;s accusations of Beijing violating trade agreements, is unlikely to ease. He cautioned against expecting China to yield to U.S. demands.
Dimon agreed with Warren Buffet that America is resilient but stressed the urgency of addressing mismanagement issues, including permitting, regulations, and healthcare.
He noted that resolving these could lead to a 3% annual growth rate for the U.S. economy.
Why It Matters: Dimon&#8217;s recent remarks come amid a series of warnings he has issued regarding the U.S. economy.
Dimon also cautioned about a potential <a href="https://www.benzinga.com/markets/economic-data/25/05/45704089/jamie-dimon-warns-of-bond-market-crisis-caused-by-us-debt-binge-youre-going-to-panic">bond market crisis</a> due to unchecked debt and monetary expansion, predicting a significant dislocation in the financial system.
He also flagged concerns about the U.S. economy facing <a href="https://www.benzinga.com/government/regulations/25/05/45561399/jamie-dimon-says-us-is-not-in-a-sweet-spot-flags-stagflation-risk-and-deficit-problems-amid-trump-china-tensions">stagflation risks</a> and deficit issues amid geopolitical tensions.
Furthermore, Dimon, who previously foresaw the 2008 Lehman Brothers collapse, has warned that <a href="https://www.benzinga.com/markets/equities/25/05/45535142/jamie-dimon-who-flagged-trouble-before-2008-lehman-brothers-collapse-now-warns-sp-earnings-could-fall-to-0rougher-time-for-markets-says-dan-niles">S&amp;P 500 earnings</a> could drop to zero, impacting market valuations.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Economics

Jamie Dimon Sounds Alarm On 'Enemy Within,' Shrugs Off China Concerns

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk concluded his controversial four-month tenure leading the Department of Government Efficiency (DOGE) on Friday, with President Donald Trump honoring him with a golden key to the White House despite falling <a href="https://www.benzinga.com/media/25/05/45534314/elon-musk-just-got-grilled-on-doge-spending-hits-back-with-were-not-kings-here">far short of promised savings</a>.
What Happened: Speaking <a href="https://www.benzinga.com/news/25/05/45707425/trump-says-he-is-having-elon-musk-over-at-the-white-house-tomorrow-for-a-press-conference-as-billion">alongside Trump in the Oval Office</a>, Musk reflected on DOGE's impact, saying, "The DOGE team will only grow stronger over time. The DOGE influence will only grow stronger. I liken it to a sort of person of Buddhism—it's like a way of life," <a href="https://www.theguardian.com/us-news/2025/may/30/elon-musk-leaving-white-house-doge-trump">reported</a> The Guardian.
Created by executive order hours after Trump returned to office, <a href="https://www.benzinga.com/25/04/44759007/did-elon-musk-just-lower-doges-1-trillion-savings-target-to-150-billion-in-a-second-revision-since-jan">DOGE aimed to slash $1 trillion</a> in federal spending by eliminating bureaucracy and government inefficiencies. However, the initiative has only documented $175 billion in cuts so far, according to its own website.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45510245/elon-musk-was-once-a-microsoft-intern-now-his-company-is-bringing-grok-to-azure-incredibly-important-for-ai-to-be-grounded-in-reality-xai-ceo-tells-satya-nadella" target="_blank" rel="noreferrer noopener">Elon Musk Was Once A Microsoft Intern — Now His Company Is Bringing Grok To Azure: ‘Incredibly Important For AI To Be Grounded In Reality,' xAI CEO Tells Satya Nadella</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30233216/Screenshot-2025-05-31-at-9.02.07%E2%80%AFAM-1024x262.png" alt="" class="wp-image-933916" /><figcaption class="wp-element-caption">Source: DOGE website</figcaption></figure>
Still, Musk remains confident. "We do expect to achieve over time the trillion dollars of savings," he said. "Say, by the middle of next year, with the support of the president and Congress, could we achieve a trillion dollars of savings? I think so. We're on track to do so."
Trump lauded Musk as a colossal force in disrupting Washington, saying, "He willingly accepted the outrageous abuse and slander and lies and attacks, because he does love our country. I know that very much."
Why It's Important: Musk's brief tenure was marked by aggressive job cuts across federal agencies, the dismantling of USAID and a series of controversial communications, <a href="https://www.benzinga.com/25/02/43680384/trumps-controversial-fork-in-the-road-government-buyout-program-gets-the-green-light-from-judge-unions-dont-have-the-required-stake">including "fork in the road" resignation emails</a>.
On Friday, Musk and Trump's joint appearance occurred just hours after the New York Times published a report outlining the Tesla CEO's use of ketamine, ecstasy and <a href="https://www.benzinga.com/cannabis/25/05/45700477/elon-musk-was-using-drugs-while-on-campaign-trail-with-trump-including-ecstasy-and-psychedelic-mushrooms">psychedelic mushrooms during</a> his campaign efforts for the President last year.
Musk's decision to step back from DOGE came after his <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">criticism of Trump's $3.8 trillion spending plan</a>, which he labeled as disappointing and harmful to the progress of DOGE.
In an interview earlier this month, the billionaire also admitted he might have spent more time on politics than he should have, describing his involvement in government affairs as a matter of misallocated time.
Musk's renewed attention to Tesla has also sparked fresh optimism among Wall Street analysts. Dan Ives of Wedbush Securities set a bullish price target of $500, projecting a possible <a href="https://www.benzinga.com/markets/equities/25/05/45557873/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market-cap-on-the-table">$2 trillion valuation for the company</a>.
Price Action: Tesla shares slipped 3.34% on Friday, closing at $346.46. In after-hours trading, the stock saw a slight decline of 0.27%, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
As per Benzinga Edge Stock Rankings, Tesla boasts a growth score of 91.89%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other top-performing stocks</a>.
<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30232913/Screenshot-2025-05-31-at-8.57.16%E2%80%AFAM.png" alt="" class="wp-image-933914" /></a></figure>
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<li><a href="https://www.benzinga.com/25/05/45396297/cathie-wood-dumps-palantir-as-stock-touches-peak-prices-bails-on-soaring-flying-taxi-maker-archer-aviation" target="_blank" rel="noreferrer noopener">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joshua Sukoff / Shutterstock.com

Elon Musk's $175 Billion In DOGE Cut Falls Far Short Of The Billionaire's Goal: 'Expect To Achieve Over Time The Trillion Dollars Of Savings,' Says Tesla CEO

On Friday, Cathie Wood-led Ark Invest made some significant trades. The most prominent among these were in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), 10X Genomics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXG#NASDAQ">TXG</a>), Intellia Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTLA#NASDAQ">NTLA</a>), 3D Systems Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDD#NYSE">DDD</a>), and Adaptive Biotechnologies Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADPT#NASDAQ">ADPT</a>).
The TSLA Trade: Ark Invest sold 6,511 shares of Tesla from its ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>) fund. This move comes in the wake of significant developments for the electric vehicle giant, including insider sales and CEO Elon Musk&#8217;s decision to quit his government role.
The TXG and NTLA Trades: Ark Invest bought shares of 10X Genomics Inc. and Intellia Therapeutics Inc. from both its ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) and ARKK funds.
The firm purchased 46031 shares of TXG and 30357 shares of NTLA from the ARKG fund, and 296148 shares of TXG and 196156 shares of NTLA from the ARKK fund.
The DDD Trade: Ark Invest sold shares of 3D Systems Corp. from its ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) and ARKX funds. The firm sold 36868 shares from the ARKQ fund and 11503 shares from the ARKX fund.
The ADPT Trade: Ark Invest sold 164741 shares of Adaptive Biotechnologies Corp. from its ARKG fund.
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</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

ADPT

ARKG

ARKK

ARKQ

NTLA

Cathie Wood's Ark Invest Continues To Offload Tesla As Elon Musk Moves On From Trump Administration

Global automakers are expressing serious concerns over a potential shortage of rare-earth magnets from China, which could result in factory closures within weeks.
What Happened: A letter dated May 9 from the Alliance for Automotive Innovation, representing major automakers like General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>), was sent to the Trump administration highlighting these urgent issues, according to a report by Reuters.
&#8220;Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras,&#8221; the Alliance for Automotive Innovation said.
This could lead to decreased production volumes or even the shutdown of vehicle assembly lines in the U.S., the group added. &#8220;In severe cases, this could include the need for reduced production volumes or even a shutdown of vehicle assembly lines.&#8221;
See Also:<a href="https://www.benzinga.com/news/space/25/05/45708311/president-trump-proposes-1-billion-for-private-sector-mars-exploration-report"> President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report</a>
China, which controls over 90% of the global processing capacity for these magnets, imposed restrictions in April, requiring exporters to obtain licenses.
Why It Matters: Earlier in April, China imposed<a href="https://www.benzinga.com/25/04/44650952/china-restricts-rare-earth-exports-to-us-as-part-of-tariff-retaliation"> export restrictions on seven rare earth elements</a>, including samarium and dysprosium, as a retaliatory measure against U.S. tariffs.
Meanwhile, the European Union<a href="https://www.benzinga.com/markets/equities/25/04/44766503/eu-fast-tracks-mining-to-cut-china-reliance-builds-216m-rare-earth-recycling-plant"> is taking steps to reduce its dependency</a> on China for rare earth imports by fast-tracking mining and recycling initiatives.
The U.S. has escalated its tech war with China by imposing new export<a href="https://www.benzinga.com/markets/equities/25/05/45663228/us-escalates-tech-war-with-china-new-export-curbs-hit-cadence-synopsys-as-eda-software-chemicals-and-tools-face-license-requirements-report"> restrictions on semiconductor design software</a> and other critical materials.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

VWAGY

China's Rare-Earth Magnet Restrictions Threaten Auto Production, Could Result In 'Shutdown Of Assembly Lines:' Report

In a boost to Tesla Inc. and SpaceX CEO Elon Musk's Mars ambitions, President Donald Trump is seeking to involve private companies in Mars exploration.
What Happened: The White House&#8217;s 2026 budget proposal, unveiled on Friday, includes over $1 billion for Mars initiatives, according to a report <a href="https://www.bloomberg.com/news/articles/2025-05-30/trump-wants-1-billion-for-private-sector-led-mars-exploration?srnd=homepage-americas">by</a> Bloomberg.
The budget outlines the creation of NASA&#8217;s Commercial Mars Payload Services Program (CMPS), which would grant contracts to companies working on spacesuits, communication systems, and a human-rated landing vehicle.
This initiative is part of a proposed $18.8 billion NASA budget, representing a 25% reduction from the previous year, significantly impacting the agency&#8217;s science portfolio.
The proposal builds on an earlier budget outline and is modelled after NASA&#8217;s Commercial Lunar Payload Services program, which has seen mixed success. SpaceX, led by Musk, is already developing a version of its Starship rocket for moon missions under NASA&#8217;s Artemis program.
See Also: <a href="https://benzinga.com/news/25/05/45681998/how-two-entrepreneurs-made-200-million-by-selling-mayonnaise-for-10-per-jar">How Two Entrepreneurs Made $200 Million By Selling Mayonnaise For $10 Per Jar</a>
Jared Isaacman, Trump&#8217;s nominee for NASA administrator, indicated that the agency could pursue lunar and Martian missions simultaneously. However, the proposed cuts to NASA&#8217;s science budget have drawn criticism from space industry figures and lawmakers, including former Republican Congressmen Newt Gingrich and Bob Walker.
Why It Matters: The proposed budget shift towards Mars exploration comes amidst significant changes at NASA. Earlier this month, it was reported that NASA is preparing for a <a href="https://www.benzinga.com/markets/25/05/45189017/nasa-prepares-for-6-billion-budget-cut-amid-shift-towards-elon-musks-mars-focused-initiatives">$6 billion budget cut</a>.
Meanwhile, <a href="https://www.benzinga.com/general/space/25/05/45636692/elon-musks-mars-ambitions-face-new-setback-as-spacex-starship-test-flight-fails">SpaceX&#8217;s recent Starship test flight</a> faced setbacks, highlighting the challenges in achieving Musk&#8217;s ambitious timeline for Mars missions. Musk has previously suggested that <a href="https://www.benzinga.com/25/03/44350440/elon-musk-confirms-starship-to-carry-tesla-optimus-to-mars-by-2026-predicts-human-landing-by-2029">human landings on Mars</a> could begin as early as 2029, though some experts, like former NASA astronaut José Hernández, believe<a href="https://www.benzinga.com/25/03/44373082/former-nasa-astronaut-predicts-mars-travel-still-15-years-away-not-5-years-as-elon-musk-alludes-to"> such travel is still 15 years away</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joey Sussman / Shutterstock.com

SPACE

President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report

Fidelity Ethereum Fund Beneficial Interest

거대 투자은행 골드만삭스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)가 최근 미국 증권거래위원회(SEC)에 제출한 자료에 따르면, 2024년 4분기에 비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) 및 이더리움(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) 현물 ETF 주식을 더 많이 매입한 것으로 나타났다.
무슨 일 있었나: 골드만삭스는 Fidelity Wise Origin Bitcoin Fund(BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>) 353만 주, 즉 2억 8,810만 달러에 달하는 상당한 지분을 보유하고 있다고 보고했다. 12월 31일로 끝나는 4분기에 추가로 180만 주를 매입했다.
또한 세계 최대 비트코인 펀드인 iShares Bitcoin Trust ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) 1,130만 주를 추가로 매입한 후 노출을 12억 7,000만 달러로 늘렸다.
흥미롭게도 골드만삭스는 ARK 21Shares Bitcoin ETF(BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#BATS">ARKB</a>)의 전체 지분을 매각하고 Grayscale Bitcoin ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#NYSE">GBTC</a>)에 대한 노출을 축소했다.
골드만삭스의 총 비트코인 ETF 보유액은 3분기에 보고된 7억 1천만 달러에서 <a href="https://www.benzinga.com/24/11/42029764/global-banks-jp-morgan-goldman-sachs-add-to-bitcoin-ethere-etf-positions-in-q3-morgan-stanley-increases-microstrategy-stake-to-16b">15억 6천만</a> 달러로 증가했다.
그리고 골드만삭스는 이더리움 현물 ETF 포지션도 추가했다.
처음으로 골드만삭스는 iShares Ethereum Trust ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>)에 대한 노출을 추가하여 931만 주, 즉 2억 3,550만 달러 상당을 매입했다. 또한 Fidelity Ethereum Fund(BATS:<a class="ticker" href="https://www.benzinga.com/stock/FETH#BATS">FETH</a>)에 대한 지분을 2억 3,469만 달러로 늘렸다고 보고했다.
골드만삭스의 총 이더리움 ETF 보유액은 4분기 말 4억 7,650만 달러로 전기의 2,500만 달러 대비 대폭 증가했다.
주가 움직임: <a href=""https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.."">벤징가 프로 데이터에</a> 따르면 화요일 정규장에서 골드만삭스 주가는 0.51% 하락한 647.24달러로 마감했다. 올해 들어 주가는 13.03% 상승했다.
사진 제공: Shutterstock.com
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비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)과 이더리움(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) 현물 <a href="https://www.benzinga.com/etfs" target="_blank" rel="noopener">ETF</a>는 지난 4일 동안 각각 32억 6천만 달러와 7,443만 달러의 유입을 기록했다. 이러한 급격한 유입은 도널드 트럼프 대통령이 취임 연설에서 암호화폐 언급을 생략한 이후 암호화폐 시장의 변동성이 커졌음에도 불구하고 발생했다.
소소밸류(Sosovalue) 데이터에 따르면 기록적인 ETF로의 자금 유입은 1월 17일에 발생했다. 약 10억 8천만 달러가 다양한 비트코인 펀드로 유입되었다. 또한 1월 21일에는 8억 2,250만 달러가 유입되었다.
<h3 class="wp-block-heading">비트코인 ETF</h3>
<ul>
<li>블랙록의 iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>): 최대 순 유입액 6억 6,186만 달러 기록</li>
<li>그레이스케일의 Bitcoin Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTC#NYSE">BTC</a>): 1억 3,639만 달러 유입</li>
<li>ARK 21Shares Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#NYSE">ARKB</a>): 851만 달러 유입</li>
<li>Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>): 697만 달러 유입</li>
</ul>
이러한 추세와는 다르게 Bitwise의 Bitcoin ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>)에서는 이날 1,741만 달러의 자금이 유출되었다.
비트코인 현물 ETF는 총 1,359억 달러의 순자산 가치를 관리하고 있으며, 비트코인 전체 시장 가치의 약 5.88%에 해당하는 금액이다.
<h3 class="wp-block-heading">이더리움 ETF</h3>
<ul>
<li>블랙록의 iShares Ethereum Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>): 최대 순 유입액 5,631만 달러 기록</li>
<li>그레이스케일의 Ethereum Mini Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETH#NYSE">ETH</a>): 1,249만 달러 유입</li>
<li>VanEck Ethereum ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ETHV#BATS">ETHV</a>): 365만 달러 유입</li>
<li>Fidelity의 Ethereum Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FETH#BATS">FETH</a>): 332만 달러 유입</li>
</ul>
현재 9개의 이더리움 현물 ETF가 120억 7천만 달러의 자산을 관리하고 있으며, 이는 이더리움 시가총액의 약 3%에 해당한다.
트럼프 대통령이 취임 연설에서 암호화폐에 대한 언급을 자제하면서 비트코인은 연설 전 106,000달러에서 연설 중 101,000달러까지 하락했고, 현재 104,000달러를 기록하고 있다.
솔라나 역시 압박을 받아 사상 최고치에서 거의 10% 하락했다. 투자자들은 암호화폐의 미래에 대한 장기적인 비전에 베팅하고 이를 암호화폐 세계로 진입할 기회로 삼고 있을 수 있다.
사진 출처: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 수익률을 높이세요.
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

도지코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)은 이번 주에 암호화폐 시장의 전반적인 하락세 속에서 급격한 유턴을 보였지만, 낙관론을 꺾지는 못했다.
무슨 일 있었나: 개를 주제로 한 밈 코인인 도지코인은 이번 주에 7일 최고가인 0.48달러에서 19%까지 하락했다. 월요일 비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) 의 플래시 크래시로 인해 하락세가 가속화된 것이다.
널리 알려진 암호화폐 애널리스트인 트레이더 타디그레이드(Trader Tardigrade)는 도지코인이 매크로 차트에서 과매도 구간과 과매수 구간 사이를 오가고 있으며, 사이클의 정점은 아직 멀었다고 관찰했다.
"도지코인은 과매도 구간을 벗어나 현재 약 8~10달러의 선형으로 예상되는 과매수 구간으로 향하고 있다. 이 부분이 사이클의 정점이라고 생각한다.&#8221;
트레이더 타디그레이드는 최고점 이후에 도지코인 가격은 0.8~1.8달러 사이의 지지대까지 떨어질 수 있으며, 이 지점이 다음 사이클의 진입점이 될 수 있다고 예측했다.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> has been bouncing between the Oversold and Overbought Zones on macro chart &#x1f525;<a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> has just left the oversold zone and is now heading to the overbought zone, which is projected linearly at around $8 to $10. I consider this is the top of this cycle. The next floor price… <a href="https://t.co/LiOIuZaX63">pic.twitter.com/LiOIuZaX63</a>
&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1866111567793934778?ref_src=twsrc%5Etfw">December 9, 2024</a></blockquote>
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또 다른 차트 애널리스트로 팔로워 수가 상당한 차팅 가이(Charting Guy)는 도지코인의 고르지 못한 움직임이 앞으로 10일 안에 끝날 것이며, 다음 돌파가 사상 최고치를 기록할 것이라고 예측했다.
"개인적으로, 우리는 적절한 가격에 알트를 축적할 수 있는 마지막 순간에 있다. 피가 보인다고 겁먹지 말고 욕심을 내자.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> last cycle fractal update&#x203c;&#xFE0F;
consolidation/chop should be over within 10 days or so if we continue to follow this
next move should take us to ATH&#x1f4c8;
imo, we are in the final moments to accumulate alts at decent prices, don't let the blood scare you, get greedy <a href="https://t.co/RLRAKO6sTl">https://t.co/RLRAKO6sTl</a> <a href="https://t.co/hkqDydCVGB">pic.twitter.com/hkqDydCVGB</a>
&mdash; Charting Guy (@ChartingGuy) <a href="https://twitter.com/ChartingGuy/status/1866519672637563092?ref_src=twsrc%5Etfw">December 10, 2024</a></blockquote>
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왜 중요한가: 이러한 낙관적인 발언은 암호화폐의 일부 잘 알려진 기술적 지표의 신호와 상충된다.
트레이딩뷰 <a href="https://in.tradingview.com/symbols/DOGEUSD/technicals/">데이터</a>에 따르면, 이 글을 쓰는 시점에서 이동평균수렴확산(MACD) 지표는 "매도" 신호를 보냈다. MACD는 자산 가격의 두 지수이동평균을 비교하여 추세의 모멘텀을 보여준다.
마찬가지로, 모멘텀 지표는 현재 가격을 여러 기간의 이전 가격과 비교하여 약세 심리를 나타낸다.
지난 24시간 동안 장기 도지코인 보유자의 잔고가 0.88% 감소했다고 인투더블록이 <a href="https://app.intotheblock.com/" target="_blank" rel="noopener">발표</a>한 내용에 따르면, 이들이 적극적으로 매도하고 있음을 시사한다.
도지코인 가격 움직임: 기사 작성 시점에 <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noopener">Benzinga Pro 데이터</a>에 따르면 도지코인은 지난 24시간 동안 3.38% 하락한 0.3901달러에 거래되고 있다.
이미지: Shutterstock
이 기사도 읽어보세요: <a href="https://kr.benzinga.com/news/usa/stocks/%EA%B3%A8%EB%93%9C%EB%A7%8C%EC%82%AD%EC%8A%A4-ceo-%EA%B7%9C%EC%A0%9C-%ED%97%88%EC%9A%A9-%EC%8B%9C-%EB%B9%84%ED%8A%B8%EC%BD%94%EC%9D%B8%EC%9D%B4%EB%8D%94%EB%A6%AC%EC%9B%80-%ED%98%84%EB%AC%BC/" target="_blank" rel="noopener">골드만삭스 CEO, 규제 허용 시 비트코인·이더리움 현물 거래 고려</a>
다른 트레이더들보다 30분 일찍 시장 움직임에 대한 독점 뉴스를 받아보세요.
Benzinga Pro의 독점 뉴스를 통해 수백만 명의 다른 트레이더보다 더 빠르게 유용한 투자 뉴스를 확인할 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.
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화요일(10일)에 골드만삭스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)CEO인 데이비드 솔로몬은 더 많은 규제 명확성이 제공된다면 골드만삭스가 주요 암호화폐의 현물 시장을 만드는 방법을 모색할 수 있다고 말했다.
무슨 일 있었나: 데이비드 솔로몬은 &#8216;로이터 NEXT 행사&#8217;에서 규제 관점에서 볼 때 비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)과 이더리움(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)의 현물 거래에 참여하는 골드만삭스의 능력이 "매우 제한적"이라고 했다.
"규제 당국에 물어봐야 한다. 왜냐하면 현재 규제 대상 은행 기관으로서 우리는 비트코인과 같은 암호화폐를 주체로 소유할 수 없기 때문이다.&#8221;
솔로몬은 도널드 트럼프 행정부 출범 이후 디지털 자산에 대한 규제 체계가 발전할 것이라는 광범위한 정서를 인정하면서도, 그 발전 방향이 아직 "불분명"하다고 덧붙였다. 그러나 규제 체계가 바뀌면 비트코인과 이더리움 시장 진입을 "평가"할 것이라고 말했다.
"규제 관점에서 볼 때 우리가 암호화폐 자산과 상호 작용할 수만 있다면, 우리는 꽤 큰 인프라를 가지고 있다."
이 기사도 읽어보세요: <a href="https://kr.benzinga.com/news/usa/stocks/%EA%B2%8C%EB%A6%AC-%EB%B8%94%EB%9E%99-gm%EC%9D%80-%EB%A1%9C%EB%B3%B4%ED%83%9D%EC%8B%9C-%ED%8F%AC%EA%B8%B0%EB%A1%9C-%EC%97%B0-10%EC%96%B5-%EB%8B%AC%EB%9F%AC-%EC%A0%88%EC%95%BD-%ED%85%8C%EC%8A%AC/" target="_blank" rel="noopener">게리 블랙 &#8220;GM은 로보택시 포기로 연 10억 달러 절약, 테슬라 FSD 라이선스의 길 열릴 것&#8221;</a>
왜 중요한가: 골드만삭스는 올해부터 비트코인과 이더리움과 연계된 <a href="https://www.benzinga.com/24/11/42029764/global-banks-jp-morgan-goldman-sachs-add-to-bitcoin-ethere-etf-positions-in-q3-morgan-stanley-increases-microstrategy-stake-to-16b" target="_blank" rel="noopener">현물 교환 거래 펀드</a>에 투자하기 시작했으며, 최근 13F 서류를 통해 상당한 포지션이 공개되었다.
골드만삭스는 여러 비트코인 ETF에 7억 1천만 달러를 투자했으며, iShares Bitcoin Trust ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>)에 1,270만 주를 4억 6,100만 달러에 매입했다고 밝혔다.
또한 Grayscale Ethereum Mini Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETH#NYSE">ETH</a>)와 Fidelity Ethereum Fund(BATS:<a class="ticker" href="https://www.benzinga.com/stock/FETH#BATS">FETH</a>)에 나누어 2,516만 달러를 이더리움 ETF에 보유하고 있다.
그리고 골드만삭스는 <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42047066/goldman-sachs-to-spin-out-digital-assets-platform-amid-blockchain-push" target="_blank" rel="noopener">블록체인 사업에 큰 투자를 하고</a> 있으며, 향후 12~18개월 내에 디지털 자산 플랫폼을 독립적인 회사로 분사할 계획다.
골드만삭스 주가 움직임: <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noopener">Benzinga Pro 데이터에 따르면</a>, 골드만삭스의 주가는 화요일 정규장에서 1.53% 하락한 후 시간외 거래에서 0.19% 상승했다.
다른 트레이더들보다 30분 일찍 시장 움직임에 대한 독점 뉴스를 받아보세요.
Benzinga Pro의 독점 뉴스를 통해 수백만 명의 다른 트레이더보다 더 빠르게 유용한 투자 뉴스를 확인할 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

골드만삭스 CEO, 규제 허용 시 비트코인·이더리움 현물 거래 고려

최근 증권거래위원회(SEC)에 제출된 13F 공시에 따르면, 글로벌 투자은행들이 암호화폐 관련 상장지수펀드(ETF)와 비트코인 대리 종목인 마이크로스트레티지에 대해 상당한 지분을 보유하고 있다는 사실이 밝혀졌다.
<h3>JP모건 체이스</h3>
시가총액 기준 세계 최대 은행인 JP모건 체이스는 9월 30일 마감 분기에 비트코인과 이더리움 ETF에 상당한 투자를 했다.
JP모건은 iShares Bitcoin Trust ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) 387주를 13,982달러에 매입했는데, 이는 지난 분기에 모두 매도한 후 다시 매입한 것이다. 또한 Fidelity Wise Origin Bitcoin Fund(BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>)에도 자금을 재할당해 213주를 11,877달러에 매입했다.
전반적으로 JP모건의 비트코인 ETF 노출액은 거의 65,000달러에 달했다.
그리고 JP모건은 처음으로 이더리움 ETF에 진입하면서 Grayscale Ethereum Trust ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETHE#NYSE">ETHE</a>)와 그 미니 버전인 Grayscale Ethereum Mini Trust ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETH#NYSE">ETH</a>)에 상당한 투자를 했다. 두 펀드에 대한 총 투자액은 30,700달러였다.
암호화폐 노출을 늘리려는 시도 속에서 JP모건은 마이크로스트레티지 포트폴리오를 12.5% 증가시켜 660,693주로 늘렸고, 이는 1억 1,139만 달러에 달한다.
<h3>골드만삭스</h3>
또 다른 월가 거대 은행인 골드만삭스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)는 지난주 13F 서류를 제출했다.
골드만삭스는 여러 비트코인 ETF에 7억 1천만 달러를 투자했으며 IBIT 펀드 1,270만 주를 보유하고 있고 이는 <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40410418/goldman-sachs-makes-blockbuster-debut-adds-over-400m-in-bitcoin-etf-position-in-q2-as-morg" target="_blank" rel="noopener">4억 6,100만 달러에 해당</a>한다고 공개했다.
이러한 투자로 골드만삭스는 IBIT 펀드의 제2대 주주가 되었으며, 현재 세계 최대 비트코인 투자펀드인 IBIT의 자산은 428억 9,000만 달러에 달한다.
한편, 골드만삭스는 2,516만 달러 규모의 이더리움 ETF를 보유하고 있으며, 이는 Grayscale의 Mini Trust(ETH)와 Fidelity의 이더리움 펀드(BATS:<a class="ticker" href="https://www.benzinga.com/stock/FETH#BATS">FETH</a>)에 분산되어 있다.
흥미롭게도, 골드만삭스는 3분기에 약 534,894주의 마이크로스트레티지 주식을 매각하여 보유 비중을 1억 4,044만 달러로 줄였다.
<h3>모건 스탠리</h3>
모건스탠리(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)는 지난 분기에 비트코인 ETF 포트폴리오 규모를 2억 3,300만 달러에서 1억 8,339만 달러로 줄였다.
이러한 자금 유출은 주식 449,802주의 IBIT 펀드 주식을 매도한 데 따른 것이었다.
또한 모건스탠리는 이더리움 ETF에 투자했는데 주로 iShares Ethereum Trust ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>)를 통한 투자였다.
한편, 마이크로스트레티지 보유량은 22.6% 증가한 9,595,008주로 16억 1,100만 달러에 달했다.
사진 출처: Avi Rozen on Shutterstock
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