Alphabet Option Alert: Dec, 2027 $180 Puts at the Ask: 600 vs 666 OI; Earnings 7/22 After Close [est] 

Alphabet Option Alert: Dec, 2027 $180 Puts at the Ask: 600 @ $32.45 vs 666 OI; Earnings 7/22 After Close [est] Ref=$171.64

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Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

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차마스 팔리하피티야, 애플의 스마트 글래스 및 AI 기대 일축하며 &#34;아무 가능성도 없다고 생각한다&#34;

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JP모건 체이스(NYSE:JPM) 최고경영자 제이미 다이먼은 미국 기업들이 소프트웨어 개발, 네트워크 보안, 복잡한 프로젝트 관리 등 분야에서 인력이 부족하다고 밝혔다. 무슨 일 있었나:  제이미 다이먼은 비즈니스 라운드테이블의 CEO 인력 포럼에서 &#34;인력이 부족하다&#34;고 말했다.

제이미 다이먼 &#34;미국 기업들에게 인력 부족한 3가지 분야는...&#34;

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테슬라(NASDAQ:TSLA)가 최근 오스틴에서 출시한 로보택시는 4.20달러라는 대담한 정액 요금과 일론 머스크 스타일의 허세로 헤드라인을 장식했다.하지만 JP모건 애널리스트 더그 앤무스는 이것이 시작에 불과하다고 지적했다. 테슬라는 차량을 20대에서 1,000대로 늘리고 몇 달 안에 로스엔젤레스, 샌프란시스코 등 다른 지역으로 서비스를 확대할 계획이다.

테슬라 로보택시의 파격적인 4.20달러 서비스···웨이모는 우려해야 할까?

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George Efstathopoulos, multi-asset portfolio manager at Fidelity International, is shifting <a href="https://www.benzinga.com/topic/china">his gaze East</a>. 
"For the first time, I'm not selling the rally in China," he <a href="https://www.ft.com/content/2d99d11f-9d05-44ce-9f1d-e2f761156a52">says</a>, pointing to a structural innovation surge that's making the country's tech stocks serious contenders to their U.S. counterparts. Chinese tech stocks, long battered by regulatory uncertainty and global skepticism, are now outpacing their U.S. peers, the <a href="https://www.benzinga.com/topic/magnificent-seven">Magnificent Seven</a>, in both performance and valuation appeal. 
Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABAF#NYSE">BABAF</a>) is up over 33% year-to-date and BYD (OTCPK:BYDDF), China's EV juggernaut, has surged nearly 46%. 
In contrast, Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is down more than 5% and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has tumbled 17% in the same period.
Valuations highlight the stark divergence. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-1024x508.png" alt="" class="wp-image-959626" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-1024x508.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-768x381.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-1536x762.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-2048x1016.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0624">Created using Benzinga Pro data</a>
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), which has <a href="https://www.benzinga.com/markets/tech/25/06/46046720/tesla-doubles-down-on-us-elon-musk-plans-another-8-billion-investment-after-spending-nearly-10-billion-in-2024">committed $8 billion</a> to ramp up EV and AI development this year, including China's largest grid-scale energy storage project, trades at a forward P/E of 178, per Benzinga Pro data. BYD, already outselling Tesla in China, trades at just 19 times forward earnings.
Alibaba and JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) look even cheaper, with forward P/Es of 11.6 and 7.8, respectively.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45973429/trump-wants-babies-to-get-1000-to-invest-at-birth-this-maginicent-7-stock-tops-poll-for-18-year-growth">Trump Wants Babies To Get $1,000 To Invest At Birth: This Maginicent 7 Stock Tops Poll For 18-Year Growth</a>
<h2 class="wp-block-heading">Chinese Tech: High Growth, Low Valuation, Government Tailwinds</h2>
EV sales in China hit a record in May, crossing 1 million units in a month for the first time. Research firm Rho Motion <a href="https://www.reuters.com/business/autos-transportation/global-ev-sales-rise-may-china-hits-2025-peak-rho-motion-2025-06-12/">attributes</a> the growth to strong domestic demand and rising exports, with BYD tapping into new markets like Mexico and Southeast Asia, reported Reuters.
Government policy is also playing a supportive role. With fewer regulatory shocks and more focus on innovation and energy transition, sentiment around China's tech sector is beginning to stabilize. "China is leading in many tech spaces," says Nandini Ramakrishnan of JPMorgan Asset Management, pointing to AI and green tech dominance as long-term drivers.
<h2 class="wp-block-heading">U.S. Tech: Great Companies, Stretched Prices</h2>
U.S. tech giants still dominate investor portfolios, but at premium valuations. Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) trades at a forward P/E of 33.6, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) at 32.4, and even Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), the cheapest among them, sits at 17.7. Tesla's triple-digit multiple, compared to BYD's single-digit trailing P/E of 7.6, underscores how much optimism is already priced in.
Moreover, YTD returns have started to diverge. Alphabet is down over 12%, Tesla has slid 8%, and Amazon is still in negative territory. Only Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft, and Nvidia have posted double-digit gains.
<h2 class="wp-block-heading">How To Play The Shift</h2>
Investors interested in diversifying away from expensive U.S. names may consider:
<ul class="wp-block-list">
<li>Direct exposure: Alibaba, JD, BYD</li>
<li>Broad ETFs: The KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) offers China Internet exposure, and the Invesco China Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQQQ#NYSE">CQQQ</a>) offers China Tech exposure.</li>
<li>Global innovation funds: The EMQQ The Emerging Markets Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMQQ#NYSE">EMQQ</a>) for Emerging Markets Ecommerce &amp; Internet exposure.</li>
</ul>
With structural growth drivers, cheap valuations, and improving sentiment, China tech is finally back on the menu.
Read Next: 
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<li><a href="https://www.benzinga.com/25/05/45500627/only-3-mag-7-stocks-pass-peter-lynchs-favorite-valuation-test-tesla-isnt-one-of-them">Only 3 Mag 7 Stocks Pass Peter Lynch&#8217;s Favorite Valuation Test &#8211; Tesla Isn&#8217;t One of Them</a></li>
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Photo: Maxx-Studio On Shutterstock.com

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Why This Fidelity Fund Manager Is Buying China Tech Over The Magnificent Seven

Venture capitalist Chamath Palihapitiya has delivered a scathing critique of Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) innovation prospects during an episode of the All-In podcast, bluntly stating the tech giant has no "chance of anything" when it comes to <a href="https://www.benzinga.com/markets/tech/25/06/45831001/wwdc-2025-not-expected-to-have-any-major-ai-breakthroughs-but-apple-analyst-says-watch-out-for-these-3-key-points">future breakthroughs</a>.
What Happened: During a discussion on the All-In podcast last week, Jason Calacanis asked the panel what Apple could pursue next — AI, wearables, smart glasses, or something unexpected.
Chamath Palihapitiya didn't mince words. "I don't think they have any chance of anything," he replied flatly.&nbsp;
He pointed to a revenue chart showing Apple's heavy dependence on iPhone sales and accused the company of relying on minor product updates — such as changing charging cables — to generate incremental revenue.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45830549/pierre-ferragu-takes-apple-to-task-for-dismissing-the-ai-revolution-has-its-head-in-the-sand" target="_blank" rel="noreferrer noopener">Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: ‘Has Its Head In The Sand&#8217;</a>
"A company that focuses on this kind of revenue growth is not capable of creating something that&#8217;s exceptionally unexpected," Chamath said. "That will come from a new company, who has no ties to the past, has no nostalgia, on the fact that we&#8217;re gonna swap out the connector type and book another billion dollars."
He added that internal culture at Apple, where even AirPods revenue dwarfs OpenAI, likely leads to dismissive attitudes that stifle bold new ideas.
Thomas Laffont, co-founder of Coatue, pushed back slightly, crediting Apple for successfully pivoting from hardware to recurring revenue—but acknowledged that the next transition, likely toward AI, may be far harder.
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<iframe loading="lazy" title="&quot;I Don&#039;t Think Apple Has A Chance&quot; - The Brutal Truth About Apple - Chamath Palihapitiya" width="500" height="281" src="https://www.youtube.com/embed/2JOhIoTsy0c?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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Why It's Important: Palihapitiya's comments highlight <a href="https://www.benzinga.com/media/25/05/45486193/why-is-apple-still-behind-on-ai-expert-dissects-reasons-behind-iphone-maker-lagging-likes-of-microsoft-and-amazon-despite-poaching-googles-ai-chief">growing skepticism about Apple's ability</a> to lead in emerging tech areas like AI and spatial computing, especially in comparison to nimble startups and competitors like Alphabet Inc.'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 and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
Apple executives have reportedly held internal discussions <a href="https://www.benzinga.com/markets/tech/25/06/46041473/apple-eyes-perplexity-ai-acquisition-while-facing-shareholder-lawsuit-over-exaggerated-ai-progress-report">about a potential acquisition</a> of Perplexity AI, with M&amp;A chief Adrian Perica raising the idea to senior leaders. However, no direct contact has been made with Perplexity, which said it is unaware of any current or future merger talks.
Last month, it was reported that Apple is planning to <a href="https://www.benzinga.com/media/25/05/45580078/apple-could-reportedly-launch-ai-smart-glasses-next-year-and-here-is-what-all-they-are-expected-to-do">launch AI-powered smart glasses</a> in late 2026 to compete with Meta&#8217;s Ray-Bans. Apple aims to begin mass-producing prototypes by the end of 2025. The glasses are expected to feature cameras, microphones, and speakers, allowing environmental awareness and voice interaction via Siri.
<a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">Apple reported fiscal second-quarter revenue</a> of $95.36 billion, surpassing analyst expectations of $94.53 billion. iPhone revenue totaled $46.84 billion, up from $45.96 billion in the same quarter last year.
Price Action: Apple shares are down 17.37% year-to-date and have fallen 3.19% over the past 12 months. On Monday, the stock increased 0.25% during regular trading and added another 0.44% after hours, per <a href="http://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Benzinga's Edge Stock Rankings reflect a continued downward trend for Apple across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More performance details are available here</a>.
<figure class="wp-block-image 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/2025/06/24031616/Screenshot-2025-06-24-at-6.57.46%E2%80%AFAM-1-1.png" alt="" class="wp-image-959225" /></a></figure>
Photo Courtesy: Kathy Hutchins On Shutterstock.com
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>.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45489038/us-stocks-likely-to-open-lower-after-moodys-downgrade-bear-market-isnt-fully-recovered-yet-but-it-is-close-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower After Moody&#8217;s Downgrade: ‘Bear Market Isn&#8217;t Fully Recovered Yet, But It Is Close,&#8217; Says Expert</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

What's Next For Apple — Chamath Palihapitiya Fires Back: 'Don't Think They Have Any Chance Of Anything,' Dismisses Glasses And AI Hopes

JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) chief executive Jamie Dimon says U.S. companies are short on workers who can code software, secure networks and run complex projects.
What Happened: "We are short on labor," Dimon <a href="https://fortune.com/2025/06/23/jpmorgan-chase-ceo-jamie-dimon-in-demand-skills-gen-z-cyber-coding-computer-science-project-management/">told</a> the Business Roundtable's CEO Workforce Forum. "We all have needs for cyber, we all have needs for coding, we all have needs for programming … financial management and program management, things like that."
Dimon's remarks cut against <a href="https://www.benzinga.com/markets/tech/25/06/46041419/sam-altman-says-ai-will-make-his-kids-more-capable-not-more-intelligent-my-kids-will-never-be-smarte">forecasts</a> of an entry-level "bloodbath" as artificial-intelligence tools automate routine office tasks. He argued the bottleneck is skills, not head count, and urged schools to embed industry credentials in their curriculum so graduates can "get out and get a good job."
"Too much focus in education has been on graduating college," he <a href="https://www.youtube.com/watch?v=WAHfdX4rsMw">told</a> Indianapolis TV last year. "It should be on jobs."
Dimon, who is also a board member of the New York Jobs CEO Council, also highlighted how some educational institutions are collaborating with the private sector to create programs that improve job readiness.
See also: <a href="https://www.benzinga.com/news/25/06/46067665/the-real-budget-killer-isnt-big-purchases-its-the-20-here-20-there-habits-that-quietly-empty-your-account">The Real Budget Killer Isn&#8217;t Big Purchases—It&#8217;s The $20 Here, $20 There Habits That Quietly Empty Your Account</a>
Why It Matters: Dimon's sentiment comes as young graduates enter a workforce where automation and AI are rapidly displacing entry-level positions.
Chris Hyams, the CEO of popular job-search platform Indeed, recently warned that "for about two-thirds of all jobs, 50% or more of those skills are things that today's generative AI can do reasonably well, or very well." Citing a study, which dissected roughly two million postings skill by skill, <a href="https://www.benzinga.com/25/05/45511651/ai-wont-steal-your-paycheck-yet-two-thirds-of-all-jobs-have-half-their-skills-up-for-grabs-says-indeed-ceo-chris-hyams">Hyams' blunt takeaway</a> is that "pretty much every job is going to change if it's not changing already."
Demis Hassabis, CEO of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Google&#8217;s DeepMind, is also of the opinion that while AI is displacing certain jobs, it will also <a href="https://www.benzinga.com/markets/tech/25/06/45740298/googles-demis-hassabis-says-ai-natives-have-very-valuable-jobs-waiting-for-them-but-they-need-to-study-these-subjects-at-school">create new ones</a>. Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg forsees AI evolving into a &#8220;midlevel engineer&#8221; <a href="https://www.benzinga.com/tech/25/05/45338301/zuckerberg-foresees-tech-industry-revolution-with-ai-an-ai-that-can-effectively-be-a-sort-of-midlevel-engineer">capable of writing code</a>, enabling small, talent-dense teams to develop high-quality products.
Photo Courtesy: Lev Radin on Shutterstock.com
Read next: <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46067598/bill-gates-kids-were-stunned-to-find-warren-buffett-chowing-down-on-oreos-for-breakfast-after-a-sleepover-naturally-they-demanded-some-too">Bill Gates&#8217; Kids Were &#8216;Stunned&#8217; To Find Warren Buffett Chowing Down On Oreos For Breakfast After A Sleepover—Naturally, They Demanded Some Too</a>

Jamie Dimon Says These Are The 3 Skills Businesses Seek, Admits 'We Are Short On Labor'

With President Donald Trump's stunning decision to directly involve U.S. forces in Israel's conflict with Iran, the geopolitical environment stands on fragile ground. Cynically, though, this development may provide an upward catalyst for CrowdStrike Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>). A cybersecurity specialist, CrowdStrike has been thrust into the spotlight amid an anticipated retaliatory response by Iran. As such, a clear incentive exists among government and private institutions to bolster digital defenses, thus lifting CRWD stock.
On Saturday night, Trump declared <a href="https://www.benzinga.com/news/politics/25/06/46043305/donald-trump-announces-spectacular-military-success-as-us-strikes-key-iranian-nuclear-sites">successful strikes on three crucial Iranian nuclear sites</a>, labeling the operation a "spectacular military success." During an address to the nation, the president stated that U.S. forces' main objective was to destroy Iran's nuclear enrichment capacity, criticizing its government as the "world's number one state sponsor of terror."
However, the contentious decision to bomb Iran has <a href="https://www.npr.org/2025/06/20/nx-s1-5439184/maga-divide-trump-strike-iran">divided</a> Trump's support among his otherwise fiercely loyal base. On one hand, political supporters praised the decision to attack a longtime adversary and for supporting Israel. On the other end, notable proponents, such as former Fox News host Tucker Carlson, have argued that Trump is turning his back on his America First principles.
Worryingly, the U.S. could be sucked into another protracted military campaign in the Middle East, a matter that is deeply <a href="https://time.com/6590408/us-biden-middle-east-war/">unpopular</a> for the American public. What's more, Iran is likely to <a href="https://apnews.com/article/israel-iran-attacks-retaliation-targets-mideast-wars-63ccbe43d83cf3cc7faf3fc4b37e6333">retaliate</a>, which may threaten servicemembers stationed in the region. Perhaps most distressingly, Iran could activate sleeper cells to launch <a href="https://www.nbcnews.com/nightly-news/video/u-s-officials-iran-threatened-terror-attacks-inside-u-s-242058821681">terror</a> attacks in the U.S.
Among the asymmetric warfare tools of Iran is its capacity to initiate cyberattacks. Last year, Alphabet Inc. (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>) subsidiary Google confirmed that the Islamic nation's Revolutionary Guard <a href="https://www.benzinga.com/news/24/08/40387430/google-confirms-iranian-hackers-linked-to-revolutionary-guard-targeted-trump-biden-and-harris-campai">launched a series of cyberattacks</a> targeting the political campaigns of Trump, former President Joe Biden and former Vice President Kamala Harris.
With the threat level elevated, both government agencies and private enterprises have every incentive to bolster their digital defenses. By logical deduction, the accelerated demand could lift CRWD stock.
<h2 class="wp-block-heading">Using Statistical Data To Pinpoint A Strategy For CRWD Stock</h2>
As compelling as the fundamental narrative may be for CRWD stock, it still lacks in the area of specificity. For traders (particularly those who focus on options), they live in the world of probabilities. It's not so much about the "why" of an investment but rather the "how" — as in, how much, how fast and how likely.
Since all options expire, an underlying thesis must be accurate in terms of magnitude (y-axis) and in time (x-axis). To address this challenge, it's important to conduct statistical analysis, which sounds easier said than done. At first glance, it's a straightforward process: merely take the desired outcome and divide it by the total frequencies of events in the given dataset.
However, the above approach only calculates odds across the dataset's distribution, which is a derivative probability. What most traders are looking for is the conditional probability: the odds of an outcome materializing over a specific subset of the underlying data. Colloquially, conditional probabilities are akin to situational batting averages, such as when there are runners in scoring position (RISP) as opposed to a simple average over an entire season.
To implement conditional frameworks requires that the measurement metric governing the data speak a unified language. This is the reason why market breadth — or sequences of accumulative and distributive sessions — represents a valuable tool. As a first-order principle (meaning that it cannot be mathematically reduced), market breadth's binary nature facilitates categorization and quantification, which then lends itself to sensible probabilistic analysis.
As it relates to CRWD stock, its price action over the past two months can be converted as a "6-4-U" sequence: six up weeks, four down weeks, with a net positive trajectory across the 10-week period. While this admittedly compresses the dynamic magnitude profile of CRWD into a binary code, the benefit is that this sequence can be catalogued to determine likely forward outcomes.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23144003/CRWD-stock-10wk-forecast-1024x576.jpg" alt="" class="wp-image-958623" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23144003/CRWD-stock-10wk-forecast-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23144003/CRWD-stock-10wk-forecast-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23144003/CRWD-stock-10wk-forecast-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23144003/CRWD-stock-10wk-forecast.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
Based on past empirical data, in 61.9% of cases when the 6-4-U sequence flashes, the following week's price action results in upside, with a median return of 4.04%. Should the bulls maintain control of the market for a second week, past analogs suggest that CRWD stock could be due for a nearly 1% upside move.
Based on Friday's close of $476.30, CRWD may run close to $500 over the next two to three weeks. Given the fundamental catalyst, the security just might eclipse this psychological threshold.
<h2 class="wp-block-heading">Optimistic But Rational Trades To Consider</h2>
Based on the market intelligence above, aggressive traders may consider the 495/500 bull call spread expiring July 11. This transaction involves buying the $495 call and simultaneously selling the $500 call, for a net debit paid of $275. Should CRWD stock rise through the short strike price ($500) at expiration, the maximum reward is $225, a payout of nearly 82%.
Those who want to add an extra week to their timeline may consider the 490/500 bull spread expiring July 18. However, the drawback here is that the spread is considerably more expensive, requiring a net debit of $515. Still, the reward if CRWD stock hits the short strike price at expiration is $485, a payout of over 94%.
In both cases, the common driver is the implied shift in sentiment regime that the 6-4-U sequence generates. As a baseline, the chance that CRWD stock rises on any given week is 55.87%, which is a strong upward bias. But the aforementioned sequence amplifies this bullish edge, further incentivizing a debit-based strategy for those already prone to risk-taking.
The opinions and views expressed in this content are those of the individual author and do not necessarily reflect the views of Benzinga. Benzinga is not responsible for the accuracy or reliability of any information provided herein. This content is for informational purposes only and should not be misconstrued as investment advice or a recommendation to buy or sell any security. Readers are asked not to rely on the opinions or information herein, and encouraged to do their own due diligence before making investing decisions.
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Photo: Shutterstock

Equities

Options

Politics

Events

Global

Movers

CRWD

Options Corner: CrowdStrike Gains Relevance As Iran Poses Cyber Retaliation Threat

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOOGL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/27/25</td>
<td>$160.00</td>
<td>$62.5K</td>
<td>4.6K</td>
<td>19.6K</td>
</tr>
<tr>
<td>GOOG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/27/25</td>
<td>$162.50</td>
<td>$36.4K</td>
<td>1.9K</td>
<td>5.0K</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/27/25</td>
<td>$695.00</td>
<td>$32.4K</td>
<td>2.1K</td>
<td>3.4K</td>
</tr>
<tr>
<td>TTD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$75.00</td>
<td>$56.1K</td>
<td>2.9K</td>
<td>1.1K</td>
</tr>
<tr>
<td>DJT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$18.00</td>
<td>$35.0K</td>
<td>1.2K</td>
<td>524</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$85.00</td>
<td>$33.8K</td>
<td>1.5K</td>
<td>464</td>
</tr>
<tr>
<td>PINS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/11/25</td>
<td>$29.00</td>
<td>$81.3K</td>
<td>0</td>
<td>158</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we notice a put option trade that happens to be bearish, expiring in 4 day(s) on June 27, 2025. This event was a transfer of 500 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $62.5K, with a price of $125.0 per contract. There were 4658 open contracts at this strike prior to today, and today 19668 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on June 27, 2025. This event was a transfer of 225 contract(s) at a $162.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $162.0 per contract. There were 1904 open contracts at this strike prior to today, and today 5098 contract(s) were bought and sold. 
• Regarding META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on June 27, 2025. Parties traded 41 contract(s) at a $695.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $32.4K, with a price of $795.0 per contract. There were 2125 open contracts at this strike prior to today, and today 3464 contract(s) were bought and sold. 
• For TTD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on July 18, 2025. This event was a transfer of 488 contract(s) at a $75.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $56.1K, with a price of $115.0 per contract. There were 2957 open contracts at this strike prior to today, and today 1160 contract(s) were bought and sold. 
• Regarding DJT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), we observe a put option sweep with neutral sentiment. It expires in 25 day(s) on July 18, 2025. Parties traded 250 contract(s) at a $18.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $140.0 per contract. There were 1286 open contracts at this strike prior to today, and today 524 contract(s) were bought and sold. 
• Regarding ROKU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), we observe a call option sweep with bullish sentiment. It expires in 25 day(s) on July 18, 2025. Parties traded 165 contract(s) at a $85.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $205.0 per contract. There were 1535 open contracts at this strike prior to today, and today 464 contract(s) were bought and sold. 
• Regarding PINS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), we observe a call option trade with bullish sentiment. It expires in 18 day(s) on July 11, 2025. Parties traded 158 contract(s) at a $29.00 strike. The total cost received by the writing party (or parties) was $81.3K, with a price of $515.0 per contract. There were 0 open contracts at this strike prior to today, and today 158 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PINS

ROKU

7 Communication Services Stocks Whale Activity In Today's Session

BofA Securities analyst Justin Post <a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings" target="_blank" rel="noreferrer noopener">maintained a Buy</a> rating on Google parent Alphabet Inc (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>) with a price target of $200 on Monday.
Post projected fiscal 2025 sales of $332.69 billion and EPS of $9.72.
AI capabilities are changing search interactions and increasing utility and functionality, Post noted.
Given new capabilities, the analyst noted that a multi-tiered product monetization structure that includes subscriptions is evolving.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46005368/meta-amazon-booking-best-positioned-for-agentic-ai-opportunity-says-analyst" rel="noreferrer noopener">Meta, Amazon, Booking Best Positioned For Agentic AI Opportunity, Says Analyst</a>
He reviewed Google&#8217;s search business drivers, including a growing revenue pie as search utility has had a step function increase, a shift from traditional ad-supported search towards paid tiers, a reduction in search clicks and a change from CPC to CPA transactions, and OpenAI traffic ramp and competitive catalysts.
Post said the growing adoption of Google&#8217;s AI Overviews and AI Mode could result in fewer clicks but will enable Google to better interpret queries with targeted ads.
The analyst also noted that Google&#8217;s updated Smart Bidding framework should broaden ad eligibility across a broader range of query types, further supporting AI monetization.
As Google monetization evolves, Search metrics such as paid clicks could become less relevant, and monetization KPIs (like ARPU) may better reflect Search performance, he said.
Post noted an increased focus by Google on product reach disclosure (15 products with 500 million+ users).
According to the analyst, Google is well-positioned with tech talent, extensive data to build AI models, and multi-product distribution to drive AI usage and monetization.
He said that beyond Search, Google will capture growth through Google One subscriptions, Workspace price increases, and system-level integrations across Android and ChromeOS.
Post estimated that Gemini-driven subscription revenue could grow to $12 billion by 2027 and Workspace will see a $1 billion+ annualized benefit from price increases this year.
The starting point for access to information and transactions will shift from browser-based to mobile O/S and app-based, with at least five tech titans (Amazon.Com Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Google, Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and OpenAI) targeting the opportunity, the analyst said.
He said this shift will erode Google&#8217;s long-standing competitive moats and reduce usage share.
In the near term, OpenAI is well funded and scaling rapidly and likely to introduce ads, while Meta could launch Agentic AI capabilities to its 1 billion assistant users, and Amazon has built an Agent that can shop across other sites, Post said.
Post projects fiscal 2025 sales of $332.69 billion and EPS of $9.72 for Alphabet.
Price Action: GOOGL stock is down 1.4% at $165.36 at last check Monday.
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Photo: Shutterstock

Price Target

Reiteration

Why Google's AI Shift Could Redefine Search, And Make Clicks Less Relevant

Long-time Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull and managing partner at the Future Fund LLC, Gary Black, is sounding the alarm on what he sees as an overlooked blind spot in Tesla's robotaxi narrative: a growing list of competitors.
What Happened: On Sunday, in a post on X, Black pushed back against a commonly held notion regarding Tesla&#8217;s much-touted robotaxi launch. Black does not believe that the EV giant is guaranteed a dominant position in the autonomous ride-hailing market.
While he acknowledged that Tesla's self-driving tech will &#8220;of course&#8221; work, citing CEO Elon Musk's confidence in the Austin robotaxi rollout, Black emphasized that the real debate isn't about capability. It's about valuation.
Black is referring to the company&#8217;s $1 trillion market cap, which rides on Tesla&#8217;s dominance in the ridesharing market, with its robotaxis leading the charge.
See Also: <a href="https://www.benzinga.com/personal-finance/management/25/06/46044324/billionaire-charlie-munger-said-watching-your-kids-die-was-once-the-agony-of-poverty-now-the-poors-biggest-problem-is-theyre-too-fat">Billionaire Charlie Munger Said Watching Your Kids Die Was Once the &#8216;Agony of Poverty&#8217; — Now the Poor&#8217;s Biggest Problem Is &#8216;They&#8217;re Too Fat&#8217;</a>
He, however, believes that these valuations warrant a discount, now that there are several well-funded competitors in the fray, citing the example of Alphabet Inc. (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>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and even Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), among others.
&#8220;The question, which bulls painfully avoid, is when others master general unsupervised autonomy, what valuation will be attached to TSLA autonomy when it has to split the autonomous ride-hailing market with others?&#8221; he asks.
Black&#8217;s comments directly challenge Musk&#8217;s assertion of dominating this space with a &#8220;99% market share or something ridiculous,&#8221; which the former now questions with a simple &#8220;Really?&#8221;
He then drew parallels between the current bullish sentiment to that of 2021, when the company&#8217;s supporters predicted 20 million EVs produced annually by 2030, leading the stock to hit an all-time high, before falling 73% by early 2023. 
Black believes something similar is afoot right now, as he concludes by saying that &#8220;history doesn't repeat but it often rhymes.&#8221;
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> debate is not about Tesla robotaxi vs Waymo or Zoox, or whether TSLA robotaxi will work at 99.99% efficacy. Of course it will work or Elon wouldn't be moving forward with the Austin robotaxi launch today. The question &#8211; which bulls painfully avoid &#8211; is when others…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1936837884516155624?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Tesla does, however, hold significant <a href="https://www.benzinga.com/markets/tech/25/06/45966726/tesla-vehicle-production-cost-1-7-that-of-waymo-elon-musks-ev-giant-closer-to-full-autonomy-than-competition-report">advantages over competitors</a> in the autonomous ride-hailing segment, with recent reports by analysts stating that the company can produce its cars at one-seventh the cost of a Waymo, along with access to over 3 billion miles of data. 
Last week, Black himself <a href="https://www.benzinga.com/markets/equities/25/06/45993450/gary-black-calls-out-tesla-bears-for-slapping-auto-industry-valuation-technique-on-elon-musks-ev-business-stark-differences-in-growth-prospects">warned Tesla bears</a> and short-sellers against &#8220;slapping&#8221; traditional auto industry valuations on Tesla&#8217;s business.
&#8220;The biggest mistake $TSLA bears make is slapping an auto industry P/E on TSLA&#8217;s EV business,&#8221; said Black, noting that EVs, unlike internal combustion engine (ICE) vehicles, are growing at 25% to 30% each year, while the latter remains &#8220;in a state of permanent decline.&#8221;
Price Action: Tesla shares were up 0.03% on Friday, trading at $322.16, and were up 0.17% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="146" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-1024x146.png" alt="" class="wp-image-957410" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-1024x146.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235727/Screenshot-2025-06-23-at-9.27.13-AM.png 1524w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla&#8217;s shares score well across the board in Benzinga&#8217;s Edge Stock Rankings, with a favorable price trend in the short, medium, and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock. 
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</ul>
Photo courtesy: Tada Images / Shutterstock.com

Travel

BIDU

Gary Black Says Tesla's Robotaxi Valuation Ignores Alphabet, Amazon, Nvidia Threat

Tesla Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) recent Robotaxi launch in <a href="https://www.benzinga.com/quote/TSLA/news">Austin grabbed headlines</a> with a cheeky $4.20 flat fare and Elon Musk-style bravado. But JPMorgan analyst Doug Anmuth notes it's just the beginning. Tesla plans to scale from 20 to 1,000 vehicles and expand to LA, SF, and beyond in months.
In contrast, Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo already operates over 1,500 vehicles across four cities and recently surpassed a 250K weekly trip run-rate. In California alone, Waymo grew rides by over 670% YoY in the first quarter.
Waymo leads with 250,000 weekly trips, but Tesla's $4.20 rides could pressure pricing and perception.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45617402/tesla-talks-big-while-alphabet-and-baidu-surge-ahead-in-robotaxi-race">Tesla Talks Big, While Alphabet And Baidu Surge Ahead In Robotaxi Race</a>
<h2 class="wp-block-heading">Safety &amp; Scale: Waymo's Winning Formula?</h2>
Waymo isn&#8217;t just big &#8211; it's statistically safer. After logging over 56 million commercial miles, it boasts 92% fewer pedestrian-injury crashes than human drivers, notes Anmuth. 
Tesla's FSD progress is real (now 501 miles per critical disengagement), but regulators still have concerns and NHTSA's probe into Tesla autonomy is ongoing.
Waymo cars now average 24 trips/day—busier than 99% of Uber drivers. Tesla? Just getting started.
Tesla is scaling fast, but safety data and utilization still give Waymo the autonomous vehicle edge, at least for now.
<h2 class="wp-block-heading">App Wars &amp; Brand Buzz</h2>
Waymo One has quietly grown to 3.4% of Lyft Inc.'s (NASDAQ: LYFT) U.S. MAUs and 2% of Uber Technologies Inc.'s (NYSE: UBER).
Google search trends show Waymo beating Lyft in Phoenix, Austin, and SF. Tesla, notes Anmuth, has no standalone ride-hailing app yet and relies on in-app Robotaxi integration for now.
<h2 class="wp-block-heading">Tesla's Bold Disruption vs. Waymo's Quiet Domination</h2>
For now, Waymo's data-rich, safety-first approach and growing Uber partnership keep it firmly in the lead.
But Tesla brings scale manufacturing, hype, and with it, price disruption.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46039679/just-as-tesla-lined-up-its-big-move-waymo-went-bigger">Just As Tesla Lined Up Its Big Move, Waymo Went Bigger</a></li>
</ul>
Photo: Shutterstock

Tesla's $4.20 Robotaxi Disruption - Waymo Should Be Worried

<ul>
<li>HIMS</li>
<li>TSLA</li>
<li>CRCL</li>
<li>GLD</li>
<li>GOOGL</li>
<li>BULL</li>
<li>GOOG</li>
<li>NVO</li>
<li>AMD</li>
<li>UNH</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

BULL

CRCL

Hims & Hers Health, Inc. Class A Common Stock

HIMS

Top 10 Trending Stocks On WallStreetBets As Of June 23, 2025 (Via Swaggy Stocks)

Wedbush Securities Analyst Dan Ives has praised Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi after the <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">official rollout</a> of the service in Austin, Texas.
What Happened: "We attended Tesla&#8217;s Robotaxi launch in Austin, TX and got the opportunity to take multiple rides in a Robotaxi," the analyst said in a note released on Sunday.
Ives noted that he expected to be "impressed" by the technology before the launch, but praised the technology as exceeding expectations. "This is the future," the note said.
"We took two approximately 15-minute rides around Austin and the key takeaways are that it was a comfortable, safe, and personalized experience. The ride itself was completely smooth, and it was indistinguishable that the car was driverless," the note highlighted.
Ives also reiterated the $500 price target for Tesla, which is an over 55% upside on the stock&#8217;s value, as well as maintained an "Outperform" rating on Tesla following the Robotaxi launch. The note also outlined the potential for Grok, which is Musk's AI venture, xAI's artificial intelligence model and its integration into Robotaxis in the future.
Why It Matters: The rating comes in as Tesla launched Robotaxis in Austin during a limited rollout, with <a href="https://www.benzinga.com/markets/tech/25/06/46020870/elon-musks-tesla-to-expand-model-y-lineup-with-new-6-seater-version-report">10 Tesla Model Ys</a>. The event was invite-only, with some influencers testing the service on Sunday.
While the rollout has impressed early users, Tesla still faces questions over its <a href="https://www.benzinga.com/markets/tech/25/06/46041090/tesla-faces-safety-questions-from-regulators-ahead-of-robotaxi-launch-in-austin">FSD tech from U.S. regulators</a>, who are reviewing the company's responses to the NHTSA's inquiries about the FSD technology's viability and capabilities in poor weather conditions.
Robotaxi rival Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo has announced it is conducting tests in other parts of the U.S. outside of California amid <a href="https://www.benzinga.com/markets/tech/25/06/45988738/tesla-robotaxi-rival-waymo-expands-services-in-california-amid-us-autonomous-vehicle-push">expansion of services</a> in the state.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="195" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23011536/TSLA-JUN-23-2025-1-1024x195.jpg" alt="" class="wp-image-957453" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23011536/TSLA-JUN-23-2025-1-1024x195.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23011536/TSLA-JUN-23-2025-1-300x57.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23011536/TSLA-JUN-23-2025-1-768x147.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23011536/TSLA-JUN-23-2025-1-1536x293.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23011536/TSLA-JUN-23-2025-1.jpg 1546w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo courtesy: Shutterstock

Dan Ives Hails 'Very Impressive' Robotaxi Ride In Austin, Predicts 55% Upside For Tesla Stock As 'Golden Age Begins'

Maye Musk, mother of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk, commemorated the company&#8217;s Robotaxi launch by reflecting on her early experience with Tesla&#8217;s first vehicle nearly two decades ago.
What Happened: &#8220;In 2008, the Tesla Roadster was launched. I borrowed one for this photoshoot in NYC. No one knew what it was,&#8221; Maye Musk wrote on X. &#8220;And now, it&#8217;s Tesla Robotaxi day in Austin, Texas. Love the excitement on the X posts &#8211; being driven in a car without a driver, steering wheel or pedals is so cool.&#8221;
Tesla officially launched its Robotaxi service in Austin on Sunday, marking a significant milestone in the autonomous vehicle sector. The small-scale rollout featured over 10 Tesla Model Y vehicles operating in Austin&#8217;s South Congress neighborhood through an invite-only event <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">targeting social media influencers</a>.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In 2008, the Tesla Roadster was launched. I borrowed one for this photoshoot in NYC. No one knew what it was. And now, it's Tesla Robotaxi day in Austin, Texas. Love the excitement on the <a href="https://twitter.com/X?ref_src=twsrc%5Etfw">@X</a> posts &#8211; being driven in a car without a driver, steering wheel or pedals is so cool &#x1f60e;… <a href="https://t.co/EmUrpVYmQ1">pic.twitter.com/EmUrpVYmQ1</a>
&mdash; Maye Musk (@mayemusk) <a href="https://twitter.com/mayemusk/status/1936807446099464391?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
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The company deployed a dedicated booking app similar to Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) for ride-hailing services. Tesla positioned safety monitors in the front seats during operations, though their level of control over the Unsupervised Full Self-Driving (FSD) system remains unconfirmed.
See Also: <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad" target="_blank" rel="noreferrer noopener">US Issues Worldwide Caution After Strikes On Iran's Nuclear Sites: State Department Warns Of Airspace Closures, Travel Chaos And Rising Threats To Americans Abroad</a>
Why It Matters: Tesla&#8217;s entry into autonomous ride-hailing intensifies competition with Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo and Amazon.com Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Zoox. Waymo has expanded operations across California and conducts trials nationwide, while Zoox has established a second production facility to scale operations.
The launch comes as Tesla faces scrutiny from the National Highway Traffic Safety Administration regarding FSD performance in <a href="https://www.benzinga.com/markets/tech/25/06/46047653/tesla-stock-climbs-nearly-2-in-monday-pre-market-whats-going-on">adverse weather conditions</a>. Wedbush Securities analyst Dan Ives previously valued Tesla&#8217;s AI and autonomous driving technology at $1 trillion.
Tesla shares climbed 1.5% in Monday pre-market <a href="https://www.benzinga.com/markets/tech/25/06/46047653/tesla-stock-climbs-nearly-2-in-monday-pre-market-whats-going-on">trading following the announcement</a>. The company also announced plans to invest $8 billion in U.S. manufacturing in 2025, following $10 billion invested in 2024.
Tesla scores high on Momentum, Quality, and Growth, but falls short on Value. For more insights like this, <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">sign up</a> for Benzinga Edge Stock Rankings today!
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="880" height="624" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23060944/image-327.png" alt="" class="wp-image-957916" style="width:652px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23060944/image-327.png 880w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23060944/image-327-300x213.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23060944/image-327-768x545.png 768w" sizes="(max-width: 880px) 100vw, 880px" /></a></figure>
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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: Vladimir Tretyakov / Shutterstock.com

Markets

Elon Musk's Mother Recalls Borrowing First Tesla Roadster In 2008—Now Celebrates Robotaxi Launch With Joyride In Driverless Car: 'No One Knew What It Was'

The shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) climbed 1.50% during Monday&#8217;s pre-market session, after it unveiled its Robotaxi in Austin, marking a significant milestone in the self-driving taxi industry in the United States.
What Happened: The launch event, which&nbsp;took place on Sunday in Austin&#8217;s South&nbsp;Congress neighborhood, featured&nbsp;over 10 Tesla Model Y&nbsp;Robotaxis. The event was exclusive, with <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">social media influencers</a> as the main riders, who used a dedicated app to book their rides.
Tesla had safety monitors&nbsp;in the front seat during&nbsp;the rides, although the extent of their control over the Robotaxi, which was operating on Unsupervised FSD, was not confirmed.
Elon Musk, CEO of Tesla, celebrated the launch on social media, describing it as the&nbsp;&#8220;culmination of a decade of&nbsp;hard work&#8221;. He further revealed that both the AI Chip and&nbsp;the software team responsible for&nbsp;the Robotaxi were built entirely within Tesla.
Additionally, Tesla also announced its plans to invest <a href="https://www.benzinga.com/markets/tech/25/06/46046720/tesla-doubles-down-on-us-elon-musk-plans-another-8-billion-investment-after-spending-nearly-10-billion-in-2024">$8 billion in manufacturing in the U.S. in 2025</a>, after investing $10 billion in 2024.
Why It Matters: The launch of the Robotaxi comes as Tesla has been hinting at its entry into the self-driving taxi market to compete with companies like&nbsp;Alphabet Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)&nbsp;Waymo and Amazon.com Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Zoox.
Meanwhile, Tesla&nbsp;has been under the scrutiny&nbsp;of U.S. safety regulators, with the National Highway Traffic Safety Administration (NHTSA) reviewing the company&#8217;s responses regarding the performance of its Full Self-Driving (FSD) system in adverse weather conditions. Notably, former Tesla AI Chief&nbsp;Andrej Karpathy&nbsp;recently <a href="https://www.benzinga.com/markets/tech/25/06/46046691/ex-tesla-ai-chief-andrej-karpathy-says-self-driving-still-isnt-solved-after-a-decade">expressed skepticism</a>&nbsp;about the industry&#8217;s ability to solve the challenge of autonomous driving. 
Earlier, Wedbush analyst&nbsp;Dan Ives&nbsp;had&nbsp;predicted a transformative future&nbsp;for Tesla, <a href="https://www.benzinga.com/markets/equities/25/06/46034667/teslas-ai-future-is-worth-1-trillion-says-dan-ives-golden-era-of-autonomous-begins-with-robotaxi-launch">valuing its AI</a> and autonomous driving technology at a staggering $1 trillion.
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<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad" target="_blank" rel="noreferrer noopener">US Issues Worldwide Caution After Strikes On Iran&#8217;s Nuclear Sites: State Department Warns Of Airspace Closures, Travel Chaos And Rising Threats To Americans Abroad &#8211; Benzinga</a></li>
</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.

Tesla Stock Climbs Nearly 2% In Monday Pre-Market: What's Going On?

Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) former head of AI, Andrej Karpathy, thinks that tech companies still haven't solved autonomous driving.
What Happened: Karpathy, speaking at last week's Y Combinator event, explained that achieving fully autonomous driving may not be as easy as it seems.
Karpathy shared an anecdote of his experience with autonomous driving in 2013 with Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo. "We got into this car and we went for an about 30-minute drive around Palo Alto, highways, streets and so on, and that drive was perfect," he said.
He highlighted how he thought that the autonomous driving sector was about to be solved, but more than a decade later, companies are still working on perfecting the technology, as Waymo still uses teleoperators, Karpathy said.
Why It Matters: The comments come in as Elon Musk's EV giant has officially rolled out the<a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work"> Robotaxi service in Austin</a> in an invite-only event to demonstrate the company's autonomous driving prowess.
Robotaxis could prove to be a crucial element to Tesla's business, with experts like Future Fund LLC's managing director<a href="https://www.benzinga.com/markets/tech/25/06/45991403/teslas-robotaxi-launch-could-be-key-to-310-price-target-says-gary-black"> Gary Black reiterating the importance </a>of the service to Tesla's future.
However, as Tesla's Austin rollout begins, the company will look to catch up to Waymo, which <a href="https://www.benzinga.com/markets/tech/25/06/45988738/tesla-robotaxi-rival-waymo-expands-services-in-california-amid-us-autonomous-vehicle-push">already operates</a> in multiple cities across the U.S. in Arizona, California and Texas.
What could be a boost to Tesla is the <a href="https://www.benzinga.com/markets/tech/25/06/45966726/tesla-vehicle-production-cost-1-7-that-of-waymo-elon-musks-ev-giant-closer-to-full-autonomy-than-competition-report">cost of AVs </a>or autonomous vehicles, which data suggests is 1/7 that of Waymo's fleet. The data also suggested Tesla has over 3 billion miles worth of data to work with, compared to Waymo's 22 million miles.
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo courtesy: Shutterstock

Ex-Tesla AI Chief Andrej Karpathy Says Self-Driving Still Isn't Solved After A Decade

Former President Barack Obama warned that artificial intelligence is "coming to your neighborhood faster than you think," saying the technology is already reshaping white-collar work and could accelerate economic disruption.
What Happened: Speaking <a href="https://barackobama.medium.com/conversation-at-the-connecticut-forum-e5e168e08ba8">with</a> historian Heather Cox Richardson at The Connecticut Forum, Obama said the AI boom "is not made up. It's not over-hyped. You are already there, probably." after meeting backstage with Hartford business owners.
&#8220;I guarantee you you're going to start seeing shifts in white-collar work as a consequence of what these new AI models can do,&#8221; he added, predicting the trend will &#8220;speed up.&#8221;
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<iframe loading="lazy" title="A Conversation with President Barack Obama &#x7C; The Connecticut Forum" width="500" height="281" src="https://www.youtube.com/embed/EM9B8Qin9ac?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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His comments came as venture and corporate leaders debate forecasts that AI could wipe out up to half of <a href="https://www.benzinga.com/tech/25/05/45613320/ai-is-gutting-entry-level-jobs-and-gen-z-is-paying-the-price-warns-linkedins-aneesh-raman">entry-level office jobs</a> within five years. Obama has shared a similar warning on social media, <a href="https://www.facebook.com/barackobama/posts/at-a-time-when-people-are-understandably-focused-on-the-daily-chaos-in-washingto/1262546245232791/">urging</a> public discussions on the technology for its "accelerating impact&#8221; on jobs.
See also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46045741/rich-dad-poor-dad-author-robert-kiyosaki-warns-of-global-debt-collapse-urges-buying-gold-silver-bitcoin">&#8216;Rich Dad Poor Dad&#8217; Author Robert Kiyosaki Warns Of Global Debt Collapse, Urges Buying Gold, Silver, Bitcoin</a>
Obama pushed back on skepticism that AI mirrors past tech cycles. "Most of the problems we face are not simply technical," he said, but the pace of change means policies must anticipate displacement earlier than in previous industrial shifts.
Why It Matters: The former President&#8217;s comment arrived weeks after Anthropic CEO Dario Amodei‘s warning that people should be "worried" about the AI age. In contrast, that take has since seen some <a href="https://www.benzinga.com/markets/tech/25/06/45905624/nvidia-ceo-jensen-huang-claps-back-at-anthropics-dario-amodei-says-i-pretty-much-disagree-with-almost-everything-he-said-about-ai-wiping-out-jobs">pushback</a> from the likes of Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang and billionaire Mark Cuban, <a href="https://www.benzinga.com/news/25/05/45691457/mark-cuban-claps-back-at-anthropic-ceo-dario-amodeis-ai-job-loss-warning-new-companies-with-new-jobs">who&#8217;s certain</a> that AI will create more jobs.
Demis Hassabis, CEO of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Google's DeepMind, is also of the opinion that while AI is displacing certain jobs, it will also create new ones. Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg envisions AI evolving into a "<a href="https://www.benzinga.com/tech/25/05/45338301/zuckerberg-foresees-tech-industry-revolution-with-ai-an-ai-that-can-effectively-be-a-sort-of-midlevel-engineer">midlevel engineer</a>" capable of writing code, enabling small, talent-dense teams to develop high-quality products.
Read next: <a href="https://www.benzinga.com/news/topics/25/06/46045693/fedex-founder-fred-smith-dies-at-80-marine-veteran-wwii-memorial-champion-and-visionary-ceo-mourned-by-satya-nadella-marc-benioff">FedEx Founder Fred Smith Dies At 80: Marine Veteran, WWII Memorial Champion And Visionary CEO Mourned By Satya Nadella, Marc Benioff</a>
Photo courtesy: Shutterstock

Barack Obama Warns AI Revolution Is 'Not Hype,' Says 'You're Going To Start Seeing Shifts...'

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has officially launched the Robotaxi in Austin as the self-driving taxi race in the U.S. shifts into gear.
What Happened: The rollout, which was a small-scale event with over 10 Tesla Model Y Robotaxis, took place in Austin's South Congress neighborhood on Sunday.
The event was invite-only and Tesla created a dedicated app for the riders, who were mostly social media influencers, to book rides similar to other ride-hailing apps like Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/tRCmk3p8CR">pic.twitter.com/tRCmk3p8CR</a>
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1936928673711436104?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
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Tesla also had safety monitors seated in the front seat during the rides. The safety monitors were Tesla employees overseeing the operations, though there were no confirmations about how much control they had, given that the Robotaxi was operating on Unsupervised FSD.
The EV giant&#8217;s CEO, Elon Musk, took to social media to hail the launch on the social media platform X on Sunday. Musk called the launch a "culmination of a decade of hard work" in his post and shared that both the AI Chip, as well as the software team responsible for the Robotaxi, "were built from scratch within Tesla."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Super congratulations to the <a href="https://twitter.com/Tesla_AI?ref_src=twsrc%5Etfw">@Tesla_AI</a> software &amp; chip design teams on a successful <a href="https://twitter.com/robotaxi?ref_src=twsrc%5Etfw">@Robotaxi</a> launch!! Culmination of a decade of hard work. Both the AI chip and software teams were built from scratch within Tesla.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1936876178356490546?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
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Why It Matters: The launch comes in as Tesla has been teasing the company's arrival in the self-driving taxis sector to take on players like Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo as well as Amazon.com Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Zoox.
While Waymo had announced its expansion <a href="https://www.benzinga.com/markets/tech/25/06/45988738/tesla-robotaxi-rival-waymo-expands-services-in-california-amid-us-autonomous-vehicle-push">into more parts</a> of California and the company is also conducting trials in other parts of the U.S., Zoox <a href="https://www.benzinga.com/markets/tech/25/06/46011055/amazon-backed-zoox-launches-california-robotaxi-plant-tesla-rival-targets-10000-vehicles-a-year">set up a second production facility</a> in California, which could help the company scale its Robotaxi operations.
Tesla, meanwhile, has been under the <a href="https://www.benzinga.com/markets/tech/25/06/46041090/tesla-faces-safety-questions-from-regulators-ahead-of-robotaxi-launch-in-austin">scrutiny of safety regulators</a> in the U.S. as the NHTSA has been reviewing the company's responses to the questions posed by the agency over FSD's performance in poor weather conditions.
Musk had previously also stated that Tesla <a href="https://www.benzinga.com/markets/tech/25/06/46019450/elon-musk-says-tesla-works-closely-with-xai-you-can-either-be-a-spectator">is working closely </a>with the billionaire's AI venture, xAI, to collaborate and develop robotics as well as autonomous driving.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="195" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235721/TSLA-JUN-23-2025-1024x195.jpg" alt="" class="wp-image-957409" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235721/TSLA-JUN-23-2025-1024x195.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235721/TSLA-JUN-23-2025-300x57.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235721/TSLA-JUN-23-2025-768x147.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235721/TSLA-JUN-23-2025-1536x293.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/22235721/TSLA-JUN-23-2025.jpg 1546w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
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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Photo courtesy: Ken Wolter / Shutterstock.com

Tesla Launches Robotaxi In Austin: Elon Musk Calls It A 'Culmination Of A Decade Of Hard Work'

The past week in tech has been nothing short of exciting, with major companies making bold moves and industry leaders voicing their opinions. From Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) battling with OpenAI for top talent, to YouTube&#8217;s upcoming integration of advanced AI video tools, the landscape is rapidly evolving. Meanwhile, Elon Musk has been vocal about the inflated valuations of AI startups, and Amazon&#8217;s CEO has touted the transformative potential of Generative AI. Here&#8217;s a recap of the top stories.
Meta&#8217;s Battle with OpenAI for Talent Meta&#8217;s billion-dollar hiring spree in AI has hit a snag, according to CTO Andrew Bosworth. OpenAI is not letting its top minds go without a fight and is actively countering Meta&#8217;s lucrative job offers. This revelation came during Bosworth&#8217;s interview with CNBC&#8217;s Closing Bell Overtime on Friday.
<a href="https://www.benzinga.com/markets/tech/25/06/46041399/meta-tried-luring-openais-top-minds-with-massive-paychecks-but-sam-altman-neglected-to-mention-that-hes-countering-those-offers-says-andrew-bosworth">Read the full article here.</a>
YouTube Shorts to Feature Veo 3 AI Video Tools YouTube, a subsidiary of Alphabet Inc. (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>), is set to integrate Google&#8217;s latest generative AI video model, Veo 3, into YouTube Shorts. This announcement was made by YouTube CEO Neal Mohan during a keynote at the Cannes Lions Festival.
<a href="https://www.benzinga.com/markets/tech/25/06/46011121/youtube-shorts-will-soon-feature-veo-3-ai-video-tools-with-audio-and-higher-quality-but-creators-may-need-a-paid-plan">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/46037332/bitcoin-ethereum-xrp-dogecoin-pull-back-after-technical-rejection-no-one-wants-to-be-long-into-the-weekend" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, XRP, Dogecoin Pull Back After Technical Rejection &#8211; Benzinga</a>
Elon Musk&#8217;s Take on AI Startup Valuations Elon Musk has criticized the current AI startup landscape, stating that the hype has led to inflated startup prices. He referred to these startups as a &#8220;herd of unicorns&#8221; during his talk at Y Combinator&#8217;s AI Startup School.
<a href="https://www.benzinga.com/markets/tech/25/06/45989519/elon-musk-blames-ai-hype-for-1-billion-startup-valutions-there-are-so-many-frickin-unicorns">Read the full article here.</a>
Meta&#8217;s AI Smart Glasses Collaboration Meta is teaming up with EssilorLuxottica to launch new AI-powered smart glasses under the Oakley and Prada brands. This follows the success of the second-generation Ray-Ban smart glasses, which were launched in 2023 through a partnership between Meta and Luxottica.
<a href="https://www.benzinga.com/markets/large-cap/25/06/45987099/meta-teams-up-with-oakley-prada-for-next-gen-ai-smart-glasses">Read the full article here.</a>
Amazon&#8217;s Embrace of Generative AI Amazon.com Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO, Andy Jassy, highlighted the company&#8217;s extensive use of Generative AI in a recent blog post. Jassy described such technologies as rare and transformative, justifying Amazon&#8217;s aggressive investment.
<a href="https://www.benzinga.com/markets/tech/25/06/45982631/amazon-ceo-says-generative-ai-will-reduce-total-corporate-workforce">Read the full article here.</a>
Read Next:&nbsp;<a href="https://benzinga.com/news/topics/25/06/46024990/a-millennial-says-the-older-i-get-and-the-further-in-my-career-i-go-the-more-i-realize-how-deadly-acc" target="_blank" rel="noreferrer noopener">A Millennial Says, The Older I Get And The Further In My Career I Go, The More I Realize How Deadly Accurate &#8216;Office Space&#8217; Was</a>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

Meta's Battle With OpenAI, Youtube Innovations, And Billion-Dollar Unicorns: This Week In AI

The tech leaderboard of 2030 could look radically different, not just because of who rises <a href="https://www.benzinga.com/tech" target="_blank" rel="noreferrer noopener">but also because of who fades</a>.
A <a href="https://x.com/KoyfinCharts/status/1936092201920217573" target="_blank" rel="noreferrer noopener">post</a> on X by Koyfin reveals that Coatue&#8217;s recent projections for the next wave of trillion-dollar companies suggest a shift in how value is being created across industries.
Notably absent from the top 40 are Alphabet Inc. (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>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
The exclusion isn&#8217;t arbitrary.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46041525/google-offers-to-boost-rivals-in-search-results-to-avoid-eu-antitrust-fine-under-digital-markets-act-report" rel="noreferrer noopener">Google Offers To Boost Rivals In Search Results To Avoid EU Antitrust Fine Under Digital Markets Act: Report</a>
Both companies face structural challenges that could curb future growth. Alphabet, for instance, is increasingly under pressure as generative AI threatens its core search and ad businesses — the very engines that built its empire.
CNBC <a href="https://www.cnbc.com/2025/04/24/alphabet-expects-slight-headwind-to-ads-business-in-2025-execs-say.html#:~:text=Alphabet%20will%20likely%20be%20impacted,advertising%20pullback%20from%20budget%20constraints." target="_blank" rel="noreferrer noopener">reports</a> that Alphabet may face headwinds due to the rising costs of materials essential for building and maintaining the technical infrastructure—like data centers—needed to support its AI ambitions. Additionally, it could feel indirect pressure from a slowdown in advertising spend, as companies tighten budgets, the report adds.
Competitors like OpenAI are already redefining how users interact with information.
Apple, while still wildly profitable, hasn&#8217;t demonstrated category-defining innovation post-iPhone.
Hardware saturation and China-related supply chain risks continue to weigh on investor confidence.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45489614/as-apple-faces-pressure-after-trump-told-tim-cook-to-avoid-manufacturing-in-india-expert-warns-iphone-makers-value-added-growth-is-in-danger" rel="noreferrer noopener">As Apple Faces Pressure After Trump Told Tim Cook To Avoid Manufacturing In India, Expert Warns iPhone Maker&#8217;s &#8216;Value-Added Growth Is In Danger&#8217;</a>
Meanwhile, rising stars like NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), OpenAI, and SpaceX are being valued not just for current profits but for owning the infrastructure of the future — AI, energy, automation, and space.
Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) placement among the top three underscores another trend: institutional acceptance of crypto as a legitimate store of value.
The market isn&#8217;t just rewarding performance anymore — it&#8217;s betting on disruption, scalability, and vision.
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$BTC

Tech Hedge Fund: One of the 'Magnificent 7' May Not Make 2030 Top 40

Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) is reportedly exploring a partnership with Tools for Humanity, the company behind Sam Altman's World ID and iris-scanning Orb, to offer anonymous but verified user identities.
What Happened: Reddit has been in talks with Tools for Humanity to integrate World ID, a biometric verification system powered by its Orb device, <a href="https://www.semafor.com/article/06/20/2025/reddit-considers-iris-scanning-orb-developed-by-a-sam-altman-startup">reported</a> Semafor, citing two people familiar with the matter.
The Orb scans a user's iris to confirm they are a unique human, offering proof of personhood without collecting personally identifiable information.
If implemented, World ID could become one of Reddit's third-party verification options, allowing users to confirm their identity anonymously amid growing concerns over bots, fake accounts and AI-generated content on social media platforms, the report added.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45899111/apple-may-end-up-acquiring-perplexity-like-it-did-with-beats-in-2014-says-dan-ives-consumers-need-reasons-to-upgrade-as-iphone-maker-falls-way-behind-in-ai-race" target="_blank" rel="noreferrer noopener">Apple May End Up Acquiring Perplexity Like It Did With Beats In 2014, Says Dan Ives—Consumers Need ‘Reasons To Upgrade&#8217; As iPhone Maker Falls ‘Way Behind&#8217; In AI Race</a>
Why It&#8217;s Important: World ID is part of a broader initiative by Tools for Humanity—co-founded by OpenAI CEO Altman—to distribute cryptocurrency called Worldcoin in exchange for biometric verification, aiming to establish a universal digital identity system.
Earlier this month, it was reported that Reddit is gaining more visibility in Google's AI Overviews, becoming the second most-cited source after Quora, according to Semrush.
This boost is linked to Reddit's $60 million content licensing deal with Alphabet Inc.'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 2024. However, analysts caution that the increased exposure may not lead to <a href="https://www.benzinga.com/markets/tech/25/06/45943729/reddit-is-the-second-most-cited-source-in-google-ai-overviews-but-logged-out-traffic-may-undercut-revenue-gains">significant revenue growth for Reddit</a>.
Benzinga&#8217;s Edge Stock Rankings indicate a consistent upward trajectory for Reddit across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More detailed performance data is available here</a>.
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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: Henry Franklin/Shutterstock

RDDT

Reddit Eyes Sam Altman's Iris-Scanning Orb To Verify Real Users Without Compromising Anonymity: Report

To avoid a <a href="https://www.benzinga.com/news/24/01/36590820/google-dealt-a-blow-in-2-6b-eu-antitrust-fine-as-court-advisor-suggests-dismissing-appeal">hefty fine from the EU</a>, 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 is reportedly offering to revamp its search results to better showcase rivals, as scrutiny over the tech giant&#8217;s dominance intensifies.
What Happened: According to internal documents seen by Reuters, Google has proposed new concessions aimed at satisfying the European Commission's concerns over its preferential treatment of in-house services like Google Shopping, Flights and Hotels.
Under the new proposal, a vertical search service (VSS) chosen by objective, non-discriminatory criteria would receive a prominent box at the top of Google&#8217;s search page, formatted identically to Google's listings.
This box would include three direct links selected by the rival VSS, covering areas like hotels, restaurants, airlines and transport. Other VSS results would still appear, but without the dedicated box—unless clicked by users, the report noted.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45827474/google-co-founder-larry-page-predicted-a-machine-that-would-understand-everything-on-the-web-has-that-25-year-old-pipe-dream-finally-turned-into-reality">Google Co-Founder Larry Page Predicted A Machine That Would &#8216;Understand Everything On The Web,&#8217; Has That 25-Year Old Pipe Dream Finally Turned Into Reality?</a>
&#8220;We do not agree with the (Commission&#8217;s) preliminary findings&#8217; position but, on a without prejudice basis, we want to find a workable solution to resolve the present proceedings,&#8221; the documents sent by both Google and the Commission to the rivals read.
The European Commission is expected to host a feedback meeting with rival companies on July 8. However, some rivals, speaking anonymously, expressed dissatisfaction, claiming Google's changes still fall short of ensuring fair competition, the report said.
Why It&#8217;s Important: In January, <a href="https://www.benzinga.com/25/01/43274659/google-fights-record-eu-android-fine-claims-users-choose-its-services-over-rivals">Google also challenged</a> a record $4.55 billion EU antitrust fine in court, arguing that users naturally preferred its search engine and Chrome browser.
Alphabet posted <a href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum">first-quarter revenue</a> of $90.23 billion, marking a 12% increase from the prior year and surpassing the Street consensus estimate of $89.2 billion, according to Benzinga Pro. Google Search contributed $50.7 billion, up from $46.2 billion.
Benzinga's Edge Stock Rankings show that Alphabet continues to trend upward across short, medium and long-term timeframes. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance details are available here</a>.
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Photo courtesy: JHVEPhoto / Shutterstock.com

Google Offers To Boost Rivals In Search Results To Avoid EU Antitrust Fine Under Digital Markets Act: Report

Waymo announced on Wednesday that it has submitted an application for a permit to test its self-driving vehicles in New York City, marking the Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary's initial move to the <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46004367/uber-lyft-shares-slide-as-waymo-applies-for-nyc-testing-permit">nation's largest city.</a>
The Details: Waymo is seeking approval from the New York City Department of Transportation to operate its autonomous vehicles in Manhattan, each with a human safety driver ready to take control if needed.&nbsp;
New York's laws are particularly strict when it comes to autonomous vehicles. Even if Waymo secures the permit, it will still face significant hurdles before it can launch commercial services or conduct driverless tests in the city.&nbsp;
Read Next: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46030182/circle-stock-rockets-540-cathie-wood-says-weve-just-begun?utm_source=articleShare">Circle Stock Rockets 540%: Cathie Wood Says &#8216;We&#8217;ve Just Begun&#8217;</a>
New York's regulations for autonomous vehicle demonstrations require a human operator in the driver's seat, a $5 million insurance policy and thorough training for every test vehicle operator.
Despite these obstacles, Waymo is pushing for legislative changes that would allow vehicles to operate without a human driver present.&nbsp;
What Else: Waymo's move into New York City comes as Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) prepares for its long-awaited <a href="https://www.benzinga.com/markets/equities/25/06/46034667/teslas-ai-future-is-worth-1-trillion-says-dan-ives-golden-era-of-autonomous-begins-with-robotaxi-launch">robotaxi launch</a> in Austin, TX, scheduled for June 22.&nbsp;
Tesla has reportedly begun sending invitations, mainly to influencers and long-time Tesla supporters,which grant access to hail autonomous rides using a new Robotaxi app within a designated area of the city.&nbsp;
Each ride will be in one of 10 Model Y SUVs equipped with Tesla's Full Self-Driving software accompanied by a Tesla employee in the front passenger seat, serving as a safety monitor but not actively driving the vehicle.
CEO Elon Musk highlighted Tesla's extreme safety standards for the robotaxi test launch and expressed optimism about scaling the service quickly if the Austin pilot proves successful.&nbsp;
Read Next:<a href="https://www.benzinga.com/markets/tech/25/06/45971345/sunrun-first-solar-plunge-solar-stocks-hit-hard-by-trump-tax-bill-latest?utm_source=articleShare">&nbsp;</a>
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