SPDR S&P Kensho Smart Mobility ETF (ARCA: HAIL)

에 대한 최신 뉴스 SPDR S&P Kensho Smart Mobility ETF (ARCA:HAIL)

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Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Smart Transportation sector as determined by a classification standard produced by the index provider. The fund is non-diversified.

Aurora Innovation

Rivian Automotive Inc

Lucid Group Inc

Tesla, Inc.

Ouster Inc

Allison Transmission Holdings Inc.

Luminar Technologies Inc

Xpeng Inc.

Cummins Inc.

Visteon Corp

Hesai Group Adr

Ehang Holdings Ltd

Uber Technologies Inc

Li Auto, Inc.

Allegro Microsystems, Inc.

Aptiv Plc

Dana Inc

Honda Motor Company, Ltd.

Polestar Automotive Holding Uk Plc A

SPDR S&P Kensho Smart Mobility ETF

Nio EV Cars

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HAIL

STLA

도널드 트럼프 대통령의 멕시코와 캐나다에 대한 자동차 관세 1개월 면제가 자동차 섹터에 큰 영향을 미쳤다. 관세 유예 소식에 시장 전체가 상승세를 보였고, 자동차 관련 주식은 자동차 산업에 상당한 영향을 미치는 ETF까지 끌어올렸다.

트럼프의 관세 유예로 자동차 ETF 급등...불확실성은 여전

New,York,,Usa,,2.,October,2022:,Elon,Musk,Ceo,And

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BYDDY

RIVN

TSLA

Simplify Volt RoboCar Disruption and Tech ETF

VCAR

XPEV

웨드부시증권은 테슬라(NASDAQ:TSLA) 인공지능(AI) 이니셔티브가 전반적인 전기차 부문에 대한 잠재적 역풍에도 불구하고 트럼프 2기 행정부 하에서 큰 성장을 이룰 수 있다고 전망했다.웨드부시증권의 수석 애널리스트 댄 아이브스(Dan Ives)는 도널드 트럼프가 백악관으로 복귀하면 테슬라의 AI 야망이 크게 강화될 것이고, 향후 몇 년 동안 테슬라에 &#34;1조 달러의 AI 가치 증가&#34;를 이끌어낼 수 있을 것으로 예상한다.

댄 아이브스 &#34;트럼프 2기 행정부, 테슬라에 1조 달러 규모 AI 잠재력 열어줄 것&#34;

IDRV

테슬라(NASDAQ:TSLA)의 미국 전기차(EV) 시장 점유율이 처음으로 절반 아래로 떨어졌다. 어떤 일이 (What Happened): 일론 머스크(Elon Musk)가 이끄는 이 회사는 한 때 지배했던 부문에서 더 많은 자동차 경쟁사들이 시장 점유율을 차지하는 것을 보고 있다.

테슬라, 미국 국내 분기별 전기차 시장 점유율 처음으로 50% 미만으로 하락

President Donald Trump's auto tariffs are expected to drive up car insurance and repair costs, <a href="https://www.benzinga.com/general/travel/25/04/44785814/car-insurance-premiums-are-set-to-go-through-the-roof-soon-due-to-trumps-auto-tariffs">affecting even drivers who aren't buying new vehicles</a>. What Happened: Trump&#8217;s&nbsp;25% tariffs on imported vehicles&nbsp;are slated to extend to foreign-made auto parts by May 3. Despite hints of potential leniency from Trump, experts predict that the heightened trade barriers will eventually dent consumers&#8217; pockets, NBC News <a href="https://www.nbcnews.com/data-graphics/trump-tariffs-car-insurance-bill-price-auto-repair-cost-rcna201392?ref=biztoc.com">reported</a> on Wednesday.
Auto insurance costs have been climbing for several years, and a prolonged trade war could push&nbsp;the average annual cost of&nbsp;car insurance up by over&nbsp;$300 by the end of&nbsp;the year, with New York and Florida&nbsp;predicted to experience the steepest increases, according to <a href="https://insurify.com/car-insurance/report/">estimates</a>&nbsp;from Insurify.
The rationale is straightforward: insurance companies will have to shell out&nbsp;more to replace damaged car&nbsp;parts that are subject to&nbsp;tariffs. &#8220;When&nbsp;you get into an accident,&nbsp;your car insurance company is&nbsp;the one that&#8217;s&nbsp;going to be buying those&nbsp;parts to repair your vehicle,&#8221; said&nbsp;Terence Lau, dean of Syracuse&nbsp;University's College of Law.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44857599/ford-could-hike-prices-of-its-vehicles-in-the-us-amid-auto-tariff-uncertainty-report">Trump Tariffs Could Force Ford To Hike Prices Of Its Vehicles In The US Days After It Extended Employee Pricing To All Customers</a>
Many vehicles are susceptible&nbsp;to multiple Trump administration tariff&nbsp;policies, impacting not only the auto industry but also&nbsp;levies on steel and aluminum,&nbsp;taxes on chips, and duties on global imports.
Why It Matters: Consumers have been scrambling to <a href="https://www.benzinga.com/25/04/44817399/liberation-day-tariffs-why-some-americans-are-rushing-to-buy-a-car-before-trumps-25-auto-duty-hits">purchase cars before the tariffs instigate price increases</a>. Retail sales figures released by the Commerce Department on Wednesday show a 5.3% surge in&nbsp;sales at motor vehicle and&nbsp;parts dealers from February to March. 
Meanwhile, inventories of used vehicles have declined from 43 to 39 days from March to April, according to Cox Automotive.
The tariffs may put companies like Ford Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) at high risk of <a href="https://www.benzinga.com/news/25/04/44806252/trump-tariffs-could-put-ford-gm-at-high-risk-of-negative-ratings-report">receiving negative ratings</a> from ratings agency S&amp;P.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44857599/ford-could-hike-prices-of-its-vehicles-in-the-us-amid-auto-tariff-uncertainty-report">Trump Tariffs Could Force Ford To Hike Prices Of Its Vehicles In The US, Days After It Extended Employee Pricing To All Customers</a></li>
</ul>
Photo courtesy: Brandon Woyshnis / Shutterstock.com

Tech

General

Not Buying A New Car? You May Still Pay An Extra $300 Due To Trump's Auto Tariffs: Here's More

UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) reported quarterly earnings of $7.20 per share which missed the analyst consensus estimate of $7.29 by 1.23 percent. This is a 4.2 percent increase over earnings of $6.91 per share from the same period last year. The company reported quarterly sales of $109.58 billion which missed the analyst consensus estimate of $111.60 billion by 1.82 percent. This is a 9.80 percent increase over sales of $99.80 billion the same period last year.

Earnings

UnitedHealth Group Q1 2025 Adj EPS $7.20 Misses $7.29 Estimate, Sales $109.58B Miss $111.60B Estimate

A 29-year-old video of Rep. Nancy Pelosi is going viral for echoing a message now at the core of <a href="https://www.benzinga.com/news/global/25/04/44856008/china-dismisses-trumps-tariff-numbers-game-files-wto-complaint-talks-can-only-proceed-based-on-mutual">President Donald Trump's trade policy</a>.
In the 1996 clip, Pelosi criticizes U.S. trade practices with China and calls for measures that are noticeably similar to the very tariffs she now opposes.
What Happened: The clip shows Pelosi delivering a House floor speech, where she urged Congress to tackle China's high tariffs on American goods.
She said that while Chinese imports faced only a 2% U.S. tariff, American exports to China were dealt with an average 35% tariff. "Is that reciprocal?" she asked, calling the trade relationship "a job loser" that created millions of jobs in China while creating far fewer in the U.S.
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<iframe loading="lazy" title="Viral clip shows Nancy Pelosi supporting tariffs on China in 1996: FULL REMARKS" width="500" height="281" src="https://www.youtube.com/embed/kyMyyenz4gg?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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See Also: <a href="https://www.benzinga.com/markets/commodities/25/04/44833903/gold-surges-above-3300-to-record-high-as-us-china-trade-war-escalates-with-245-tariff">Gold Surges Above $3,300 To Record High As US-China Trade War Escalates With 245% Tariff</a>
Why It Matters: The resurfaced video comes as China's total tariffs have <a href="https://www.benzinga.com/markets/25/04/44831287/trump-administration-imposes-up-to-245-tariff-on-chinese-imports-amid-intensifying-trade-battle">reached as high as 245%</a> on specific goods, including a 125% reciprocal duty, an additional 20% connected with the fentanyl crisis, and targeted levies ranging from 7.5% to 100% on specific goods, according to the latest reports from the White House.
Pelosi, who is now opposed to Trump's tariff policies, wrote earlier this month on X: "Trump's reckless tariffs will cause chaos… raise prices… and hurt hardworking American families."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Donald Trump's reckless tariffs will cause chaos in our economy, raise prices for consumers and hurt hardworking American families. This is not a strategy — it's the largest tax hike on the American people in history.
&mdash; Nancy Pelosi (@SpeakerPelosi) <a href="https://twitter.com/SpeakerPelosi/status/1907564743172260255?ref_src=twsrc%5Etfw">April 2, 2025</a></blockquote>
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Like Pelosi, <a href="https://www.benzinga.com/personal-finance/25/04/44843975/they-dont-give-a-damn-about-you-bernie-sanders-says-if-musk-is-firing-federal-workers-with-a-chainsaw-what-happens-when-ai-comes-for-your-job">Sen. Bernie Sanders</a> also once pushed for protectionist policies in a 2008 Senate speech. In a response statement <a href="https://www.foxnews.com/media/flashback-30-years-ago-nancy-pelosi-demanded-congress-confront-chinese-tariffs-american-goods">to</a> Fox News, his team said that Sanders supports targeted tariffs but warned that Trump's sweeping measures would drive up expenses for consumers.
Read Next:
<ul>
<li><a style="font-weight: bold;" href="https://www.benzinga.com/25/04/44843002/analysts-who-predicted-trump-tariffs-says-were-headed-for-worse-financial-crisis-than-2008-its-probably-too-late">Warren Buffett&#8217;s 2003 Plan To Fix The Trade Deficit Without A War Deserves A Second Look As US-China Tariff War Continues</a></li>
</ul>
Image via Shutterstock

Global

Nancy Pelosi Called US-China Trade "A Job Loser:" Old Remarks Reemerge Amid Trump Tariff Push

<ul>
<li>FF will continue optimizing its capital structure, with an unwavering commitment not to pursue a reverse stock split unless required to maintain its Nasdaq listing.</li>
<li>FX CEO Max and his core team have arrived in Washington, D.C., driving the FF 91, and will meet with key decision-makers at the White House on Thursday. This is not only a business engagement — it reflects our deeper role as a "U.S.–China EV bridge" in shaping future policy directions.</li>
<li>The FX program is progressing well, and we've entered a sprint for the first vehicle rollout by year-end.</li>
<li>Deep Organizational Reform to Unlock Execution and Growth Potential</li>
<li>On April 24, FF will host an Investor Community and Co-Creation Day in Los Angeles.</li>
</ul>

Stock Split

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

Faraday Future Said It Resolutely Opposes a Reverse Stock Split, Is Committed to Maintaining Nasdaq Listing

Ligand Pharmaceuticals Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGND#NASDAQ">LGND</a>) and Channel Therapeutics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHRO#NYSE">CHRO</a>) on Thursday signed a definitive merger agreement to combine Ligand&#8217;s wholly owned subsidiaries, Pelthos Therapeutics Inc. and LNHC, Inc. (collectively Pelthos) with CHRO Merger Sub Inc., a wholly <a target="_blank" href="https://www.benzinga.com/general/health-care" rel="noreferrer noopener">owned subsidiary of Channel</a>.
The merger will be supported by $50 million in capital raised from a group of strategic investors led by Murchinson.
Under the merger agreement, Channel will acquire 100% of Pelthos&#8217; issued and outstanding equity interests, change its name to Pelthos Therapeutics, and trade on the NYSE American exchange under the ticker PTHS.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44750854/analyst-sees-big-upside-in-ligands-capital-efficient-biotech-strategy" rel="noreferrer noopener">Analyst Sees Big Upside In Ligand&#8217;s Capital-Efficient Biotech Strategy</a>
In connection with the transaction, Ligand has agreed to invest $18 million in the combined company, and the Investor Group has agreed to invest $32 million in a total of $50 million.
Upon completing the transaction, Scott Plesha, CEO of Pelthos, will become CEO of the combined company, and Frank Knuettel II, CEO of Channel Therapeutics, will become CFO. The transaction is expected to close in the summer of 2025.
The combined company will initially focus on accelerating the commercialization of Pelthos&#8217; Zelsuvmi (berdazimer) topical gel, 10.3%, for Molluscum contagiosum infections in adults and pediatric patients one year and older.
The U.S. Food and Drug Administration (FDA) approved Zelsuvmi in 2024. It is the first and only prescription therapy for molluscum infections approved for use at home by patients, parents, and caregivers.
Ligand is entitled to a 13% royalty on worldwide sales of Zelsuvmi.
The combined company will also retain Channel&#8217;s existing NaV 1.7 development programs for various types of chronic pain, acute and chronic eye pain, and post-surgical nerve blocks.
In December 2024, Channel Therapeutics announced that it achieved its endpoints in two pre-clinical in vivo models of the company&#8217;s nerve block formulations for acute pain, showing material improvement in efficacy and duration over the existing standard <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42552299/channel-therapeutics-announces-positive-efficacy-data-for-a-depot-formulation-of-a-nav1-7-inhibito" rel="noreferrer noopener">of care, bupivacaine</a>.
An update on the Channel&#8217;s animal efficacy study for its eye pain program will be forthcoming.
&#8220;This transaction presents a compelling opportunity to launch a commercial-ready product, with significant financial backing from Murchinson, that has the potential to deliver both near and long-term value to our shareholders,&#8221; said Todd Davis, CEO of Ligand.
Frank Knuettel II, CEO of Channel Therapeutics, commented, &#8220;We have performed extensive due diligence on the Zelsuvmi market opportunity and their team and operations, and we believe this is an extraordinary opportunity for current Channel shareholders. Strategically, it provides the potential for near-term revenue generation from an FDA-approved drug, the opportunity to advance Channel&#8217;s existing NaV 1.7 programs, and expanded capitalization from strong, long-standing investors.&#8221;
Molluscum contagiosum is a poxvirus and one of the most common skin infections, afflicting an estimated 16.7 million people in the U.S.
Price Action: LGND stock is up 2.08% at $106.80 during the premarket session at the last check Thursday, and CHRO stock closed at $1.26 on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44857887/taiwan-semiconductor-q1-surges-41-in-sales-boosted-by-ai-chip-demand-expanded-margins" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor CFO Anticipates Tariffs Impact But Has Not Seen Change In Customer Behavior Yet, Issues Strong Q2 Outlook</a></li>
</ul>

Health Care

Asset Sales

Market-Moving Exclusives

Exclusives

CHRO

LGND

EXCLUSIVE: Ligand Subsidiary Pelthos Therapeutics To Combine with Channel Therapeutics Creating Pain Medicines Focused Entity

EXCLUSIVE: Ligand Pharmaceuticals Tells Benzinga 'Transaction is expected to close in the summer of 2025'

EXCLUSIVE: Ligand Pharmaceuticals Tells Benzinga 'Ligand is entitled to a 13% royalty on worldwide sales of ZELSUVMI'

EXCLUSIVE: Ligand Pharmaceuticals Tells Benzinga 'Proposed transaction will raise $50 million in equity capital and enhance a publicly traded biopharmaceutical company focused on launching Pelthos' ZELSUVMI'

EXCLUSIVE: Ligand Pharmaceuticals Tells Benzinga Co's Subsidiary Pelthos Therapeutics Today Announced The Signing Of Definitive Merger Agreement To Combine With Channel Therapeutics

Linus Sebastian, the long-time tech reviewer and founder of Linus Tech Tips, has publicly criticized Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) for its <a href="https://benzinga.com/25/04/44824943/nvidia-makes-next-gen-gaming-cheaper-with-299-graphic-cards">handling of the</a> RTX 5060 Ti launch, calling out the company&#8217;s misleading marketing and uncoordinated review schedule.
What Happened: In the latest LTT video posted on Wednesday, Linus openly expressed his frustration with Nvidia's approach to the RTX 5060 Ti, a mid-range GPU that has garnered significant attention.
&#8220;The game has gotten so stupid that I am just not willing to play it anymore,&#8221; Linus said in the intro of the video.
He pointed to several issues, including Nvidia's overpromising of the card's performance, buggy hardware, and inconsistent software.
The YouTuber criticized Nvidia for cherry-picking data to make the GPU appear more impressive than it is, and for dragging out the launch over several months to keep the product in the news.
See Also: <a href="https://www.benzinga.com/markets/25/04/44857974/jim-cramer-calls-nvidia-a-meme-stock-that-needs-to-be-trimmed-you-cant-own-it-like-you-used-to">Jim Cramer Calls Nvidia A &#8216;Meme Stock&#8217; That Needs To Be Trimmed: &#8216;You Can&#8217;t Own It Like You Used To&#8217;</a>
One of Linus&#8217;s biggest grievances was Nvidia's lack of communication and planning around the review process. LTT alleged that Nvidia failed to provide essential materials such as the review guide and drivers until shortly before the card's official release, leaving creators like Linus with just 3.5 business days to test, retest, and produce content.
This, according to Linus, not only made it difficult to deliver timely, accurate reviews but also contributes to a "crunch culture" that places unnecessary stress on content creators.
Additionally, Linus took issue with Nvidia's bold claim of a 50x performance boost over the GTX 1060 when using Multi-Frame Generation on the RTX 5060 Ti. He pointed out that the GTX 1060, a 2016 model, doesn&#8217;t even support the technology, making this comparison misleading at best.
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Nvidia did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.&nbsp;
Why It's Important: Nvidia's GeForce RTX 5060 Ti is available in two versions—16GB for $429 and 8GB for $379—starting April 16. The standard RTX 5060 is set to launch in May for $299.
The RTX 5060 Ti and RTX 5060 graphics cards feature DLSS 4 technologies, including Multi Frame Generation and Super Resolution, delivering smoother gameplay and reduced input latency for a more responsive gaming experience.
These GPUs will be offered by major partners like ASUS, MSI, and GIGABYTE, and featured in prebuilt systems from brands such as ORIGIN PC and MAINGEAR.
Laptops powered by RTX 5060 graphics will start at $1,099 from top manufacturers.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/04/44857317/trump-administration-sees-the-conflict-between-us-chip-goals-and-tariffs-says-nvidia-supplier-asmls-cfo">Trump Administration Sees The Conflict Between US Chip Goals And Tariffs, Says Nvidia-Supplier ASML&#8217;s CFO</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Piotr Swat on Shutterstock.com

Media

NVDA

Linus Tech Tips Rips Into Nvidia Over RTX 5060 Launch: 'The Game Has Gotten So Stupid That I'm Not Willing To Play It Anymore'

Israel Englander&#8216;s Millennium Management purchased Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value.
What Happened: The $75 billion hedge fund acquired positions in the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, which have both suffered substantial losses as of Wednesday.
The firm&#8217;s 768,911 units of the Bitcoin ETF dropped from $43.11 to $37.38 per unit, resulting in a value drop from $33.1 million to $28.7 million – a 13.25% loss of approximately $4.39 million.
The Ethereum investment fared worse, with 1,702,038 units falling from $25.74 to $14.96 per unit. This reduced the total value from $43.8 million to $25.5 million, marking a steep 41.86% decline amounting to roughly $18.34 million.
In total, Millennium's crypto ETF investments have lost an estimated $22.7 million.
See Also: <a href="https://www.benzinga.com/25/04/44857887/taiwan-semiconductor-q1-surges-41-in-sales-boosted-by-ai-chip-demand-expanded-margins">Taiwan Semiconductor CFO Anticipates Tariffs Impact But Has Not Seen Change In Customer Behavior Yet, Issues Strong Q2 Outlook</a>
Why It Matters: These losses come amid broader challenges for Millennium, which reportedly suffered approximately $900 million in losses this year due to market volatility impacting its index rebalancing strategy. Despite these setbacks, the firm was down l<a href="https://www.benzinga.com/markets/25/03/44209624/millennium-management-faces-900m-loss-amid-market-volatility-what-investors-should-know">ess than 1% through February</a>.
Millennium, founded by Englander in 1989 with just $35 million, employs <a href="https://www.benzinga.com/markets/equities/25/01/42807107/israel-englanders-millennium-management-dumps-nvidia-loads-up-on-broadcom-heres-what-the-70-billion-hedge-fund-sees">multiple investment strategies</a> including relative value, equity arbitrage, fixed income, and quantitative approaches.
Englander, who began his career as a floor broker and trader on the American Stock Exchange, has maintained 100% ownership of Millennium since its inception.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44857928/jeff-bezos-sells-seattle-mansion-for-record-63-million-after-move-to-floridas-billionaire-bunker">Jeff Bezos Sells Seattle Mansion For Record $63 Million After Moving To Florida&#8217;s &#8216;Billionaire Bunker&#8217;</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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>
Photo Courtesy: Paopano On Shutterstock.com

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BABA

Millennium Management's Bitcoin And Ethereum ETFs Purchased In Q4 Suffer $22.7 Million Loss Amid Crypto Slump

The CEO of Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Jensen Huang, has reportedly arrived in Beijing following the recent implementation of U.S. restrictions on the company&#8217;s chip sales to China.
What Happened: Huang&#8217;s visit to China, which began on Wednesday, involves discussions with officials and tech leaders about the implications of the U.S.&#8217;s decision to impose further restrictions on its sales in the country. This information comes from local media and a source familiar with Huang&#8217;s travel plans, <a href="https://www.ft.com/content/7a49186c-8e51-4540-affe-15239c0914e3">according</a> to a report by the Financial Times.
The&nbsp;China Council for the Promotion&nbsp;of International Trade, a government-affiliated&nbsp;trade group that significantly influences U.S.-China business relations, invited Huang to visit. This information was shared on Weibo, a Chinese state media social media service.
In a meeting with Ren Hongbin, the head of the China Council for the Promotion of International Trade, Huang reportedly emphasized the importance of the Chinese market to Nvidia, particularly in light of the U.S.&#8217;s ban on sales of its H20 artificial intelligence chips to the country. &#8220;We hope to continue to cooperate with China,&#8221; Huang stated, reported Edge Malaysia, citing China&#8217;s state broadcaster, CCTV.
SEE ALSO: <a href="https://benzinga.com/25/04/44855538/cathie-woods-crypto-shuffle-pours-5-2-million-into-newly-listed-solana-staking-fund-dumps-bitcoin-etf-and-buys-robinhood-dip" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Crypto Shuffle: Pours $5.2 Million Into Newly Listed Solana Staking Fund, Dumps Bitcoin ETF And Buys Robinhood Dip</a>
Why It Matters: On Wednesday,&nbsp;Nvidia responded to a <a href="https://www.benzinga.com/tech/25/04/44856114/nvidia-says-it-follows-us-government-instructions-on-what-it-can-sell-and-where-amid-trade-war-escalation-with-china">national security investigation</a>, asserting its compliance with U.S. export rules following the escalated restrictions on AI chip sales to China. This response came after the company was questioned about the sale of its H20 processors, which recently became subject to new export restrictions. Nvidia revealed that the new controls would lead to a $5.5 billion reduction in its earnings.
Nvidia believed it could continue selling the chip to China after a meeting between Huang and President Donald Trump at Mar-a-Lago this month. The company assured major Chinese clients, including Alibaba (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), ByteDance and Tencent (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), that H20 purchases would not be impacted, reported FT. 
Despite the restrictions leading to a more than 6% drop in Nvidia&#8217;s shares, some Wall Street analysts view this as a potential buying opportunity. According to a <a href="https://www.benzinga.com/25/04/44844084/nvidias-h20-chip-ban-could-lead-to-manageable-sales-drop-bank-of-america-says">note shared</a> by Bank of America analyst Vivek Arya, the latest H20 chip restrictions to China pose only a &#8220;manageable risk&#8221; to Nvidia&#8217;s sales outlook. This perspective suggests that, while unwelcome, the restrictions were largely anticipated.
Nvidia stock plunged 6.9% to close at $104.49 on Wednesday, as per <a href="https://pro.benzinga.com/dashboard">BenzingaPro</a>. Over the past month, the stock plunged nearly 13%. 
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/trading-ideas/movers/25/04/44855681/bitcoin-ethereum-dogecoin-steady-amid-stock-meltdown-as-fed-chair-jerome-powell-signals-crypto-rules-relaxation-popular-analyst-identifies-key-support-level-for-eth" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Steady Amid Stock Meltdown As Fed Chair Jerome Powell Signals Crypto Rules Relaxation: Popular Analyst Identifies Key Support Level For ETH &#8211; Grayscale Bitcoin Mini Trust (</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.

TCEHY

Jensen Huang In China For Talks As US Tightens Nvidia Chip Restrictions: Report

Comedian and podcast host Joe Rogan has praised Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Full Self-Driving (FSD) technology for its accuracy as the podcaster shared an instance of using the tech on his drive home.
What Happened: On Tuesday, X user Mario Nawful posted a video that showcased their Model S navigating a tight spot on the road while using FSD.
<figure class="wp-block-embed 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">TESLA FSD IS CRAZY GOOD It even auto-folds the mirrors when you go through tight gaps. <a href="https://t.co/Sq9Bqt3spp">https://t.co/Sq9Bqt3spp</a> <a href="https://t.co/5TpvMBoATG">pic.twitter.com/5TpvMBoATG</a>
&mdash; Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1912038133782151194?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Rogan quoted the post and shared his own experience with the company's FSD tech, calling it ‘bananas.'
<figure class="wp-block-embed 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">I had my Tesla model S drive me home the other day with FSD, and it's fucking wild. Changes lanes to avoid slow traffic, stops at red lights and stop signs, hits the blinkers and turns for you. It's bananas. <a href="https://t.co/Ir8dU9Zopg">https://t.co/Ir8dU9Zopg</a>
&mdash; Joe Rogan (@joerogan) <a href="https://twitter.com/joerogan/status/1912144763307901394?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The podcaster praised the technology and said that it ‘changes lanes to avoid slow traffic, ' ‘hits the blinkers and turns for you,' and ‘stops at red lights and stop signs.'
Why It Matters: Rogan's praise for Tesla's FSD comes as the company is showcasing the development of the technology. The company had recently <a href="https://www.benzinga.com/tech/25/04/44787364/tesla-deploys-unsupervised-fsd-at-giga-texas-to-move-cars-from-factory-to-lot">released a video </a>that showcased a Tesla Model Y as well as a Cybertruck navigating a 1.4-mile and 0.6-mile course via FSD, respectively.
Elon Musk had recently <a href="https://www.benzinga.com/markets/equities/25/04/44834045/tesla-touts-fsd-capabilities-elon-says-predicts-cars-will-soon-drive-itself-right-to-your-house">predicted Tesla cars </a>would be able to drive themselves to people's houses ‘this year,&#8217; sharing his optimism for the company's self-driving technology.
However, Musk's company still lags behind 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>) Waymo, which has logged in well over 20 million autonomous driving miles.
Waymo, which is a competitor to Musk's planned Cybercab ride-hailing services, has also logged <a href="https://www.benzinga.com/markets/equities/25/03/44349240/googles-waymo-leads-robotaxi-race-with-2-millon-paid-rides-zoox-challenges-tesla-for-second-spot-as-unsupervised-autonomy-becomes-table-stakes-says-gary-black">2 million autonomous</a> paid rides, leading the segment by a healthy margin.
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/04/44831960/dan-ives-says-tesla-best-positioned-to-deal-with-tariffs-it-will-ultimately-be-finished-cars-vs-auto-parts">Dan Ives Says Tesla &#8216;Best Positioned&#8217; To Deal With Tariffs: &#8216;It Will Ultimately Be Finished Cars Vs Auto Parts&#8217;</a></li>
</ul>
Photo: Rokas Tenys/Shutterstock

GOOG

GOOGL

Joe Rogan Hails Tesla's FSD As He Uses It To Drive Home: Calls It 'F***ing Wild'

Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>), the largest aluminum producer in the United States, reported $20 million in additional costs during its first quarter, stemming from newly imposed tariffs on Canadian aluminum imports last month.
What Happened: During its <a href="https://benzinga.com/news/earnings/25/04/44853254/alcoa-shares-gain-after-mixed-q1-results-eps-beat-revenues-miss">first quarter earnings</a> call on Wednesday, Alcoa&#8217;s CFO, Molly Bierman, said the 25% tariffs, which took effect on March 12th, have already impacted the company's bottom line, to the tune of $20 million, and expects tariff-related expenses to climb to $90 million during the second quarter.
Following up on this, CEO William F. Oplinger said the tariff poses a significant challenge for the company. "This is the most material impact to Alcoa, as approximately 70% of our aluminum produced in Canada is destined for U.S. customers," Oplinger said.
He estimated the annual cost of the 25% tariff could reach as high as $425 million.
See More: <a href="https://www.benzinga.com/25/04/44857599/ford-could-hike-prices-of-its-vehicles-in-the-us-amid-auto-tariff-uncertainty-report">Trump Tariffs Could Force Ford To Hike Prices Of Its Vehicles In US Days After It Extended Employee Pricing To All Customers</a>
Besides this, a portion of raw materials sourced from China is now subject to higher tariffs, according to Oplinger. He estimates those added costs will increase annual input expenses by $10 million to $15 million, citing a lack of viable alternative suppliers.
The company, however, expects to offset some of these costs with a high Midwest Premium, which refers to the added costs the buyers pay for aluminum, in addition to the base price. With this premium, Oplinger believes the net annual result is a negative $100 million for Alcoa.
Why It Matters: Recently, Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) analysts double-downgraded the stock, from &#8220;Buy&#8221; to &#8220;Underperform,&#8221; while slashing its Price Target from $58 to $26, representing a downward revision of 55%, citing lower aluminum prices and tariff pressures, <a href="https://www.barrons.com/articles/alcoa-stock-sell-double-downgrade-4222e6a2">reports</a> Barron&#8217;s. 
Alcoa&#8217;s CEO William Oplinger has been a vocal critic of the tariffs, saying that they could wipe out 100,000 U.S. jobs as far back as February, as <a href="https://www.investopedia.com/alcoa-s-ceo-says-trump-tariffs-could-wipe-out-100-000-u-s-jobs-11686292'">reported</a> by Investopedia. 
Price Action: Alcoa stock was up 1.58% on Wednesday, but is down 1.48% in after-hours trading following its first quarter earnings release that fell short of estimates. 
<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="139" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17035803/Screenshot-2025-04-17-at-1.27.40-PM-1024x139.png" alt="" class="wp-image-875988" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17035803/Screenshot-2025-04-17-at-1.27.40-PM-1024x139.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17035803/Screenshot-2025-04-17-at-1.27.40-PM-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17035803/Screenshot-2025-04-17-at-1.27.40-PM-768x104.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17035803/Screenshot-2025-04-17-at-1.27.40-PM-1536x208.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17035803/Screenshot-2025-04-17-at-1.27.40-PM.png 1596w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Alcoa is trending weak in the short, medium, and long term, while only scoring well on value, at 82.54. For more insights on this stock, its peers, and competitors, consider signing 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>.
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Photo courtesy: Wirestock Creators / Shutterstock.com

Alcoa Warns Tariffs Could Cost $425 Million Annually: 'This Is The Most Material Impact' Says CEO

Uber Technologies Inc's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) chief Dara Khosrowshahi says Gen Z leaders need two college pillars — "learning all of the… really important basics of engineering" and "marrying that with liberal arts."
What Happened: Speaking to students at Brown University — his 1991 alma mater — he <a href="https://www.brown.edu/news/2025-04-10/dara-khosrowshahi">called</a> the double bill an "absolute necessity when you're in a leadership position."
Engineering, he said, taught him "how to solve complex problems," skills that powered a career jump from investment banking to orchestrating Expedia Group Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) $1.3 billion buyout from Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and, ultimately, to the Uber driver seat. 
Liberal‑arts coursework, meanwhile, "really taught me to communicate in a compelling way," a talent investors now prize as CEOs front‑facing everything from earnings calls to social‑media storms.
See also: <a href="https://www.benzinga.com/tech/25/04/44857520/bill-gates-says-his-kids-and-grandkids-will-live-in-a-very-changed-world-as-ai-puts-an-end-to-shortage-of-teachers-and-doctors">Bill Gates Says His Kids And Grandkids Will Live In A &#8216;Very Changed World&#8217; As AI Puts An End To Shortage Of Teachers And Doctors</a>
The Brown grad's résumé backs the advice: Expedia's revenue went from $2.1 billion to $8.7 billion under his watch, and Uber's market cap hovers near $141 billion.
For students wondering whether tuition is worth it, Khosrowshahi points to the earning power of hybrid fluency — technical IQ plus storytelling savvy — at a moment when AI competence and human empathy share top billing in the C‑suite.
Why It Matters: While Uber&#8217;s CEO believes studying engineering and liberal arts in college was critical to his leadership growth, many other business leaders don&#8217;t necessarily agree. Elon Musk, for one, told a conference in 2020 that he thinks &#8220;college is <a href="https://www.benzinga.com/personal-finance/24/04/38319479/elon-musk-thinks-college-is-basically-for-fun-and-to-prove-that-you-can-do-your-chores-says-degr">basically for fun</a> and to prove that you can do your chores, but they&#8217;re not for learning.&#8221;
Peter Thiel, the billionaire cofounder of PayPal and an early Facebook investor, has a complicated relationship with higher education, too. The Stanford University graduate with a philosophy degree and a law degree thinks <a href="https://www.benzinga.com/startups/24/12/42366606/peter-thiel-is-a-stanford-grad-but-thinks-college-is-such-a-waste-that-he-offers-100000-to-students-who-quit-compares-education-to-santa">college is so overrated</a> that he will pay students $100,000 to drop out.
Read next: <a href="https://www.benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it">Charlie Munger Once Said Warren Buffett Is A &#8216;Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a>

Education

EXPE

MSFT

UBER

Uber CEO Dara Khosrowshahi Says The Two College Courses Are 'Absolute Necessity' For C-Suite-Aspiring Leaders

As the U.S. dollar remains under pressure, its status as the &#8220;reserve currency&#8221; has come into question. Experts are highlighting the current administration&#8217;s intentions to reshape global economic linkages, along with a market reaction that suggests a potential erosion in its status.
What Happened: The U.S. dollar index has declined 8.21% on a year-to-date basis as of the publication of this article. This decline was accelerated by the surprising market response to the <a href="https://benzinga.com/25/04/44616760/donald-trump-sets-reciprocal-tariffs-on-key-trade-partners-in-historic-policy-shock">administration&#8217;s announced reciprocal tariffs</a> in early April 2025.
A recent study titled &#8216;Dollar Upheaval: This Time is Different,&#8217; by five experts, including Zhengyang Jiang, Arvind Krishnamurthy, Hanno Lustig, Robert Richmond, and Chenzi Xu, highlights that &#8220;Between April 4 and April 14, the U.S. dollar depreciated by 3.6%.&#8221;
&#8220;Normally, in times of global volatility… the dollar appreciates as dollar-denominated assets benefit from a flight to safety. Not this time around,&#8221; the note stated.
This unexpected depreciation suggests a disconnect between traditional market dynamics and the dollar&#8217;s current performance. &#8220;If U.S. Treasuries are no longer viewed as the world's preferred safe asset, then the status of the dollar as the world's reserve currency may be called into question.&#8221;
Adding a crucial layer to this analysis is commentary from Chatham House expert David Lubin, who points to a &#8220;view of some within the Trump administration that the reserve currency status of the dollar is more of a burden to the U.S. economy than a blessing.&#8221;
This &#8220;policy push&#8221; aims to weaken the dollar permanently against other currencies, hoping to reduce the trade deficit and attract manufacturers to the U.S.
However, Lubin strongly cautions against this approach, arguing that &#8220;if the international monetary system cannot rely on the dollar's full convertibility, or its availability in a crisis, it is entering unknown territory. Undermining the dollar's global status would not only transmit huge amounts of additional uncertainty to the global economy, but would be a needless act of self-harm for the U.S.&#8221;
See Also: <a href="https://www.benzinga.com/25/04/44834505/scott-bessent-affirms-china-wont-weaponize-us-treasuries-as-it-would-weaken-their-currency-affecting-exports-we-do-buybacks">Scott Bessent Says China Won&#8217;t &#8216;Weaponize&#8217; US Treasuries, Citing Risk To RMB And Exports: &#8216;We Do Buybacks&#8217;</a>
Why It Matters: Despite the administration&#8217;s potential motivations and the market&#8217;s reaction, as detailed in the &#8216;Dollar Upheaval&#8217; note suggests a market pull away from the dollar&#8217;s traditional &#8220;safe asset&#8221; status.
Their analysis of the Treasury basis further indicates that investors &#8220;(i) question the safety of the dollar, not just Treasuries, and (ii) that they perceive these changes to be long-lasting.&#8221;
Lubin notes a growing argument in the government, citing Vice President JD Vance&#8216;s &#8220;resource curse&#8221; analogy and Steve Miran&#8216;s claim that the dollar&#8217;s reserve role is causing &#8220;persistent currency distortions&#8221; leading to trade deficits.
The confluence of a deliberate policy push to weaken the dollar and a market response indicating a declining appetite for dollar-denominated assets paints a concerning picture, according to these experts.
Price Action: The U.S. Dollar Index Spot was 0.33% up at the 99.706 level as of the publication of this article. It was close to its 52-week low of 99.0140 and 9.5% lower than its 52-week high of 110.1760.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Wednesday. The SPY was down 2.22% to $525.66, while the QQQ declined 3.02% to $444.18, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Thursday, the Dow Jones futures were up 0.78%, whereas the S&amp;P 500 index rose 0.90% and the Nasdaq 100 advanced 1.09%.
Read Next:
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<li><a href="https://www.benzinga.com/markets/25/04/44831287/trump-administration-imposes-up-to-245-tariff-on-chinese-imports-amid-intensifying-trade-battle">China Now Faces Up To 245% Tariffs On Certain Imports, Says White House: Here&#8217;s What You Should Know</a></li>
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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

Analyst Color

Government

Macro Economic Events

Macro Notification

Market Summary

Regulations

Bonds

Broad U.S. Equity ETFs

Futures

Forex

Treasuries

Economics

Analyst Ratings

Policy Push vs. Market Pull: Dollar Under Pressure As 'Reserve Currency May Be Called Into Question' Amid Tariff Turmoil

Shares of Liberty Energy Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) rose sharply in today's pre-market trading following <a href="https://www.benzinga.com/quote/LBRT/earnings">first-quarter results</a>.
Liberty Energy reported quarterly earnings of 4 cents per share which missed the analyst consensus estimate of 5 cents per share. The company reported quarterly sales of $977.46 million which beat the analyst consensus estimate of $954.73 million.
Liberty Energy shares jumped 9.1% to $12.47 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Baijiayun Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTC#NASDAQ">RTC</a>) rose 90.2% to $0.4088 in pre-market trading after the company formed a strategic partnership with Xinlantian to combine AI Video and large language model technologies with decade-long expertise in autism rehabilitation, for autistic children across China.</li>
<li>SMX (Security Matters) Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) surged 52.7% to $2.23 in pre-market trading after gaining 4% on Wednesday.</li>
<li>Sharps Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STSS#NASDAQ">STSS</a>) gained 31% to $0.0347 in pre-market after dipping 18% on Wednesday.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) gained 24.3% to $7.09 in pre-market trading after CNBC&#8217;s Scott Wapner said Pershing Square&#8217;s Hertz stake is 19.8%, through shares &amp; swaps.</li>
<li>Avanos Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVNS#NYSE">AVNS</a>) rose 24.3% to $14.99 in pre-market trading.</li>
<li>TXNM Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXNM#NYSE">TXNM</a>) jumped 21.7% to $64.00 in pre-market trading. TXNM Energy will announce first quarter financial results before the opening bell on Friday, May 9.</li>
<li>IT Tech Packaging, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITP#NYSE">ITP</a>) surged 21.4% to $0.31 in pre-market trading.</li>
<li>Algoma Steel Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTL#NASDAQ">ASTL</a>) rose 20.8% to $5.69 in pre-market trading.</li>
<li>Green Dot Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) gained 18.4% to $8.79 in pre-market trading. Green Dot will host a conference call and earnings webcast to discuss first quarter financial results on Thursday, May 8.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>enVVeno Medical Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNO#NASDAQ">NVNO</a>) fell 47.4% to $1.25 in pre-market trading.</li>
<li>Asure Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASUR#NASDAQ">ASUR</a>) fell 34.3% to $6.00 in pre-market trading.</li>
<li>iOThree Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOTR#NASDAQ">IOTR</a>) shares fell 32.3% to $1.25 in pre-market trading after dipping 54% on Wednesday.</li>
<li>Sionna Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SION#NASDAQ">SION</a>) shares dipped 30% to $7.00 in pre-market trading following a 5% gain on Wednesday.</li>
<li>TNF Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNFA#NASDAQ">TNFA</a>) shares tumbled 22.6% to $0.19 in pre-market trading after dipping 9% on Wednesday.</li>
<li>Mercer International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MERC#NASDAQ">MERC</a>) shares fell 20.4% to $4.10 in pre-market trading. Mercer International will release its first quarter results for the period ending March 31, 2025 on Thursday, May 1, after the closing bell.</li>
<li>Legacy Education Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LGCY#NYSE">LGCY</a>) fell 16.7% to $5.31 in today's pre-market trading.</li>
<li>Telos Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) fell 16.7% to $2.10 in pre-market trading.</li>
<li>Torrid Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) dipped 14.4% to $5.01 in pre-market trading after gaining around 6% on Wednesday.</li>
<li>Interface, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TILE#NASDAQ">TILE</a>) declined 8.7% to $17.01 in pre-market trading.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/04/44836659/top-3-industrials-stocks-that-may-plunge-this-month">Top 3 Industrials Stocks That May Plunge This Month</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Movers

Trading Ideas

ASTL

ASUR

AVNS

CURV

GDOT

IOTR

LBRT

LGCY

MERC

NVNO

SION

STSS

TILE

TNFA

TXNM

Why Liberty Energy Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

Gold prices have been scaling fresh highs amid the global market uncertainty, however, some experts point out that a severe correction could be looming amid this gold bull run.
What Happened: While the Gold Spot U.S. Dollar has scaled a fresh high at $3,357.81 per ounce and trades above the 3,300-mark, experts have now started cautioning against this bull run.
According to Patrick Karim, the co-founder of NorthstarBadcharts.com, gold undergoes corrections even during bull markets.
The data shared by him shows that gold prices underwent a correction of over 48% during December 1974 to August 1976, 33% during March 2008 to October 2008, and 22% between August 2020 to September 2022.
<figure class="wp-block-embed 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">I know, gold bulls don&#39;t want to read this right now&#8230; But even during bull markets, gold had these corrections: Dec 1974 to Aug 1976, drop over 48%. Mar 2008 to Oct 2008, drop over 33%. Aug 2020 to Sep 2022, drop over 22%. Same setup now with price historically stretched. <a href="https://t.co/FgRd6uJh6D">pic.twitter.com/FgRd6uJh6D</a>
&mdash; Patrick Karim (@badcharts1) <a href="https://twitter.com/badcharts1/status/1912633618435887502?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, the CEO of Cardone Capital, Grant Cardone said, &#8220;gold acting like we in depression. Rates will drop like rock.&#8221;
<figure class="wp-block-embed 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">gold acting like we in depression. Rates will drop like rock &#x2b07;&#xFE0F; <a href="https://t.co/zy09KAdhYd">pic.twitter.com/zy09KAdhYd</a>
&mdash; Grant Cardone (@GrantCardone) <a href="https://twitter.com/GrantCardone/status/1912618410497782149?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
According to data shared by Charlie Bilello of Creative Planning, the inflation-adjusted gold prices were back at an all-time high, after 45 years, surpassing the prior peak from 1980.
<figure class="wp-block-embed 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">It took 45 years to get there, but inflation-adjusted Gold prices are back at an all-time high, surpassing the prior peak from 1980. <a href="https://twitter.com/search?q=%24GOLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GOLD</a><a href="https://t.co/l5IYmkeySJ">https://t.co/l5IYmkeySJ</a> <a href="https://t.co/bXWisvrl3c">pic.twitter.com/bXWisvrl3c</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1912558536573268362?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Economist Mohamed El-Erian said that the rise in gold prices was a result of the slow and steady diversification away from the dollar by some foreign central banks and others.
<figure class="wp-block-embed 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 price of gold registered another record high today, overcoming yet another periodic round of profit-taking by some tactical traders — this as it benefits from the tailwind of slow and steady diversification away from the dollar by some foreign central banks and others.<a href="https://twitter.com/hashtag/gold?src=hash&amp;ref_src=twsrc%5Etfw">#gold</a>… <a href="https://t.co/MKDnxZddv0">pic.twitter.com/MKDnxZddv0</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1912523089557987357?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
This was also confirmed by a study titled ‘Dollar Upheaval: This Time is Different&#8217;. The note written by five experts concluded that investors "(i) question the safety of the dollar, not just Treasuries, and (ii) that they perceive these changes to be long-lasting."
"Normally, in times of global volatility… the dollar appreciates as dollar-denominated assets benefit from a flight to safety. Not this time around," the note stated.
Thus, it is evident that investors were preferring gold as a safe-haven asset over the U.S. Treasuries of the U.S. dollar.
See Also: <a href="https://www.benzinga.com/25/04/44834505/scott-bessent-affirms-china-wont-weaponize-us-treasuries-as-it-would-weaken-their-currency-affecting-exports-we-do-buybacks">Scott Bessent Says China Won&#8217;t &#8216;Weaponize&#8217; US Treasuries, Citing Risk To RMB And Exports: &#8216;We Do Buybacks&#8217;</a>
Why It Matters: The Gold Spot US Dollar price has rallied 27% from $2,623.81 on Dec. 31, 2024, to $3,332.16 per ounce as of today. 
When compared with data from over 25 years, gold prices have skyrocketed 1056% from $288.25 on Dec. 31, 1999. In comparison, the S&amp;P 500 index has risen by 259.1% from 1,469.25 on Dec. 31, 1999, to 5,275.70 as of Wednesday&#8217;s close.
Gold prices were on pace to score their best year since 1979, when the prices rallied 126.5% on a year-to-date basis.
<figure class="wp-block-embed 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">Gold hit another all-time high today and is now up over 27% in 2025. On pace for its best year since 1979.<a href="https://t.co/l5IYmkeySJ">https://t.co/l5IYmkeySJ</a> <a href="https://t.co/qrnwssFL0X">pic.twitter.com/qrnwssFL0X</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1912676841199935975?ref_src=twsrc%5Etfw">April 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Price Action: The gold price was down 0.54% at $3,332.16 as of the publication of this article. Following Gold ETFs have also done well during this bull run.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Gold ETFs</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Franklin Responsibly Sourced Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FGDL#NYSE">FGDL</a>)</td>
<td>25.78%</td>
<td>40.86%</td>
</tr>
<tr>
<td>Goldman Sachs Physical Gold ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/AAAU#BATS">AAAU</a>)</td>
<td>25.37%</td>
<td>40.32%</td>
</tr>
<tr>
<td>GraniteShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAR#NYSE">BAR</a>)</td>
<td>25.42%</td>
<td>40.40%</td>
</tr>
<tr>
<td>VanEck Merk Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUNZ#NYSE">OUNZ</a>)</td>
<td>25.24%</td>
<td>40.15%</td>
</tr>
<tr>
<td>SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>)</td>
<td>25.28%</td>
<td>40.02%</td>
</tr>
<tr>
<td>iShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>)</td>
<td>25.38%</td>
<td>40.28%</td>
</tr>
<tr>
<td>SPDR Gold MiniShares Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLDM#NYSE">GLDM</a>)</td>
<td>25.41%</td>
<td>40.45%</td>
</tr>
<tr>
<td>abrdn Physical Gold Shares ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGOL#NYSE">SGOL</a>)</td>
<td>25.32%</td>
<td>40.30%</td>
</tr>
<tr>
<td>iShares Gold Trust Micro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAUM#NYSE">IAUM</a>)</td>
<td>25.49%</td>
<td>40.60%</td>
</tr>
<tr>
<td>Invesco DB Precious Metals Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBP#NYSE">DBP</a>)</td>
<td>21.48%</td>
<td>29.06%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Wednesday. The SPY was down 2.22% to $525.66, while the QQQ declined 3.02% to $444.18, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Thursday, the Dow Jones futures were up 1.04%, whereas the S&amp;P 500 index rose 1.19% and the Nasdaq 100 advanced 1.21%.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44836076/gold-fund-inflows-smash-record-with-80-billion-in-2025-these-etfs-are-riding-the-3300-surge">Gold Fund Inflows Smash Record With $80 Billion In 2025 — These ETFs Are Riding The $3,300 Surge</a></li>
</ul>
Photo courtesy: Shutterstock

Commodities

AAAU

FGDL

GLDM

IAUM

OUNZ

SGOL

Gold Nears $3,400 Mark, Experts Point To Likely 'Correction' Amid Bull Market: 'Rates Will Drop Like Rock'

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) new vehicle registrations in California have declined despite <a href="https://www.benzinga.com/25/04/44802015/us-electric-vehicle-sales-up-11-in-q1-as-tesla-declines-the-winners-and-losers">growing adoption of EVs </a>in the domestic market, according to the latest Q1 2025 sales data.
What Happened: The California New Car Dealers Association (CNCDA) released a report on Wednesday, highlighting the new vehicle registrations in the state for Q1 2025. According to the <a href="https://www.cncda.org/news/california-new-car-dealers-association-releases-q1-2025-auto-outlook-report/">report</a>, Tesla logged over 42,322 new vehicle registrations in California.
In comparison, the company logged over 49,875 registrations in Q1 2024, a 15.1% year-on-year decline. Tesla's EV market share also fell from 55.5% to 43.9% in Q1 2025.
The EV market share also experienced a marginal YoY decline, at 20.8% in Q1 2025, compared to 21.4% in Q1 2024. However, despite the decline, the report indicated the Tesla Model 3 and Model Y continue to be top-selling models in the state.
Why It Matters: The report comes in as Tesla faces growing uncertainty with its Cybercab and Semi ambitions, which could face disruptions in mass production due to <a href="https://www.benzinga.com/25/04/44831422/donald-trumps-145-tariffs-on-china-could-disrupt-teslas-cybercab-semi-production-report">import tariffs on China</a> by the Trump administration.
<a href="https://www.benzinga.com/markets/equities/25/04/44832483/tesla-bull-ross-gerber-says-elon-musk-doesnt-care-about-company-anymore-blames-focus-on-other-ventures-for-ev-makers-slump">Experts have criticized Musk</a> for his lack of involvement with the EV giant, owing to the billionaire's other ventures like xAI and his commitments to the Trump administration's DOGE, or Department of Government Efficiency.&nbsp;
In the midst of it all, Tesla has been showcasing its FSD prowess, something Elon Musk swears by as he predicted a Tesla car <a href="https://www.benzinga.com/markets/equities/25/04/44834045/tesla-touts-fsd-capabilities-elon-says-predicts-cars-will-soon-drive-itself-right-to-your-house">will soon drive itself </a>‘right to your house.' Tesla says FSD has logged over 50,000 driverless miles between California and Texas production units.
Price Action: TSLA stock currently trades for $241.55 on the NASDAQ and has experienced a 36.31% YTD decline, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</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 loading="lazy" decoding="async" width="958" height="130" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17040951/image-13.png" alt="" class="wp-image-876010" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17040951/image-13.png 958w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17040951/image-13-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17040951/image-13-768x104.png 768w" sizes="(max-width: 958px) 100vw, 958px" /></a></figure>
Based on <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Edge Stock Rankings</a>, Tesla scores a solid 67.66% in growth and 93.69% in momentum, though it lags in value. Curious how other automakers stack up? Check out Benzinga Edge for deeper insights.
Check out more of Benzinga's Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility">following this link</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44845458/tesla-top-10-shareholder-questions-investors-want-answers-on-fsd-cybercab-tariffs-brand-damage-and-more">Tesla Shareholders Demand Answers On Self-Driving, Cybercab, Tariffs, Brand Damage And More: Their Top 10 Questions Ranked</a></li>
</ul>
Photo courtesy: Shutterstock

Tesla Experiences 15% Decline In New Vehicle Registrations In California Despite A Surge In EV Sales

Jim Cramer has told investors about Nvidia&#8217;s transformation into a &#8220;meme stock,&#8221; following a significant earnings hit due to U.S. export restrictions.
What Happened: In a post on X on Wednesday, Cramer, a former hedge fund manager and host of CNBC&#8217;s Mad Money, expressed his concern about Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) becoming a meme stock. 
He advised investors to reduce their holdings in the company, citing a $5.5 billion earnings hit due to U.S. export restrictions on Nvidia's H20 AI chips to China. 
&#8220;Nvidia has become a meme stock and it has to be cut back,&#8221; posted Cramer.
<figure class="wp-block-embed 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">As i said in my painful Sunday think piece for club members, Nvidia had become a meme stock and it has to be cut back.. Don&#39;t say thanks for telling me now cause club members got the whole call
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1912428719328666058?ref_src=twsrc%5Etfw">April 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The restrictions, announced on April 15, were&nbsp;aimed at limiting China's access&nbsp;to semiconductors for military use. It is also suspected that China used Nvidia&#8217;s H2O chips for developing DeepSeek&#8217;s R1 model. Following the announcement, Nvidia's shares dropped 6.9% on April 16, 2025. Cramer&#8217;s post suggests that he had already advised his club members to reduce Nvidia holdings in a &#8220;painful Sunday think piece&#8221;.
When asked about Nvidia on CNBC&#8217;s "<a href="https://www.benzinga.com/25/04/44836567/jim-cramer-nrg-energy-is-very-good-utility">Mad Money</a> Lightning Round," on Wednesday, Jim Cramer&nbsp;stated, "You can&#8217;t own it like you used to, meaning you have to trim, and I said I&#8217;m going to have to sell some.&#8221; "It&#8217;s a different world,&#8221; Cramer added.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/global/25/04/44856008/china-dismisses-trumps-tariff-numbers-game-files-wto-complaint-talks-can-only-proceed-based-on-mutual" target="_blank" rel="noreferrer noopener">China Dismisses Trump&#8217;s Tariff &#8216;Numbers Game,&#8217; Files WTO Complaint: Talks Can Only Proceed Based On &#8216;Mutual Respect&#8217;</a>
Why It Matters:&nbsp;The U.S. export restrictions have highlighted&nbsp;the geopolitical risks tied to&nbsp;Nvidia's reliance on the Chinese&nbsp;market. Nvidia even failed to <a href="https://www.benzinga.com/25/04/44835247/nvidias-reported-failure-to-inform-chinese-clients-on-new-chip-restrictions-could-give-huawei-a-strategic-edge">inform </a>some of its major Chinese customers about the new U.S. export rules affecting its AI chip.
In response to a national security investigation, Nvidia <a href="https://www.benzinga.com/tech/25/04/44856114/nvidia-says-it-follows-us-government-instructions-on-what-it-can-sell-and-where-amid-trade-war-escalation-with-china">defended </a>its compliance with U.S. export rules. The company issued a statement addressing a House Select Committee&#8217;s inquiry into the sale of its H20 processors, which recently became subject to new export restrictions.
Besides Cramer, Wedbush Tech analyst Dan Ives also expressed concern over Nvidia&#8217;s situation and told CNBC, &#8220;China is almost a zero for Nvidia&#8212;this is a blockade.&#8221; On the other hand, Bank of America&nbsp;analyst&nbsp;Vivek Arya&nbsp;feels the restrictions on the export of H20 chips were expected and represented just a &#8220;manageable risk&#8221; to Nvidia&#8217;s revenue estimates.
Meanwhile, some analysts suggest that Chinese AI chipmakers, particularly Huawei, could gain an advantage from the restrictions on H20, as they provide alternatives to Nvidia's product lineup.
Benzinga&#8217;s Edge Rankings&nbsp;highlight strong momentum and growth rankings for Nvidia in the 77th and 95th percentiles, respectively. Curious how other stocks stack up?&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Click here</a>&nbsp;to uncover growth and momentum scores for top stocks
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<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/04/44844540/peter-schiff-china-is-selling-dollars-and-treasuries-to-buy-euros-and-bunds-crashing-the-markets-not-part-of-a-ge" target="_blank" rel="noreferrer noopener">Peter Schiff: &#8216;China Is Selling Dollars And Treasuries To Buy Euros And Bunds.&#8217; Crashing The Markets Not Part Of A &#8216;Genius Master Plan&#8217;</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.

Jim Cramer Calls Nvidia A 'Meme Stock' That Needs To Be Trimmed: 'You Can't Own It Like You Used To'

도널드 트럼프 대통령의 멕시코와 캐나다에 대한 자동차 관세 1개월 면제가 <a href="https://www.benzinga.com/25/03/44149833/trump-delays-ford-gm-stellantis-from-from-tariffs-on-mexico-canada-for-one-month" target="_blank" rel="noopener">자동차 섹터에 큰 영향을 미쳤다.</a> 관세 유예 소식에 시장 전체가 상승세를 보였고, 자동차 관련 주식은 자동차 산업에 상당한 영향을 미치는 ETF까지 끌어올렸다.
그러나 이번 면제는 일시적이다. 트럼프의 광범위한 관세 계획이 곧 발효될 예정인 가운데, 투자자들은 이러한 정책 움직임이 <a href="https://www.benzinga.com/etfs" target="_blank" rel="noopener">자동차 관련 ETF</a>의 미래를 어떻게 형성할지 예의주시하고 있다.
<h3 class="wp-block-heading">ETF 집중 분석: 관세 유예</h3>
관세 유예 소식으로 수요일 주요 자동차 제조사 주가는 <a href="https://www.investopedia.com/big-three-automaker-stocks-gain-on-potential-trump-tariff-relief-tax-break-11691127" target="_blank" rel="noopener">상승했다.</a>
<ul>
<li>포드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>): +5.75%</li>
<li>스텔란티스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>): +4.51%</li>
<li>제너럴 모터스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>): +7.22%</li>
</ul>
자연스럽게도, 이러한 주식들을 보유한 ETF들도 강한 움직임을 보였다. 이번 발표에 긍정적으로 반응한 자동차 중심 ETF 3가지는 다음과 같다.
<ul>
<li>Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>): 수요일 3.92% 상승으로 마감했다. 이 ETF는 포드와 제너럴 모터스를 포함하여 전기 및 자율주행차 분야에 종사하는 다양한 주식들을 보유하고 있다. GM이 전기차 기술에 더 깊이 뛰어들고 포드가 생산을 확대함에 따라, DRIV는 <a href="https://www.benzinga.com/topic/tariffs">관세 연기</a> 발표 후 상승했다.</li>
</ul>
<ul>
<li>First Trust Nasdaq Global Auto Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARZ#NASDAQ">CARZ</a>): 2.86% 상승 마감했다. 이 ETF는 글로벌 자동차 산업에 가장 직접적으로 투자하는 ETF로 스텔란티스, GM, 포드의 급등으로 혜택을 보았다. 이 ETF의 보유 주식은 전통적인 자동차 제조사와 전기차 제조사를 포함하여 자동차 섹터에 폭넓게 노출될 수 있는 투자 선택지이다.</li>
<li>SPDR S&amp;P Kensho Smart Mobility ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAIL#NYSE">HAIL</a>): 3.76% 상승 마감했다. HAIL은 자동차 제조사와 자동차 기술 기업을 포함한 혁신적인 교통 수단에 관여하는 회사들에 집중한다. GM과 포드를 보유하고 있는 이 포트폴리오는 관세 연기 발표로 상승세를 보였으며, 무역 정책이 진화함에 따라 계속해서 변동성을 유지할 가능성이 높다.</li>
</ul>
<h3 class="wp-block-heading">트럼프의 관세 계획 분석</h3>
캐롤라인 리빗(Karoline Leavitt) 백악관 대변인의 <a href="https://edition.cnn.com/2025/03/05/business/tariffs-autos-mexico-canada-paused/index.html" target="_blank" rel="noopener">발표 내용에 따르면</a>, 미국 행정부는 미국-멕시코-캐나다 무역 협정(USMCA)을 통해 미국으로 들어오는 자동차에 대해 임시 면제를 허용한다고 CNN이 보도했다. 트럼프 대통령은 미국의 주요 자동차 제조업체들이 미국 내 생산을 전환할 수 있도록 시간을 주는 것이 그의 광범위한 "미국 우선" 경제 전략과 일치한다고 주장했다.
현재로서는 이러한 예외 조치가 좋은 소식이지만, 상호 관세는 4월 2일에 발효될 예정이라고 리빗은 말했다. 트럼프 대통령은 자동차 제조업체들이 수입품에 의존하기보다는 미국 생산에 투자하기를 원한다고 분명히 밝혔다. 다가오는 관세에 대한 불확실성으로 인해 많은 기업들이 혼란에 빠졌고, 일부 기업은 비용 증가가 공급망에 파급되어 전반적인 수익성에 영향을 미칠 수 있다고 우려하고 있다.
한편, 캐나다는 달갑지 않은 표정이다. 더그 포드 온타리오 주지사와 쥐스탱 트뤼도 캐나다 총리는 양국 간 무역이 방해받지 않아야 한다고 주장하며 자동차 관세에 대해 확고한 입장을 취했다. 이러한 반발에도 불구하고 트럼프는 관세 계획에 흔들림 없이 임하고 있으며, 더 많은 무역 전쟁이 임박했음을 시사한다.
<h3 class="wp-block-heading">앞으로 자동차 ETF 어떻게 될까? </h3>
트럼프 대통령의 광범위한 상호 관세 정책이 다가옴에 따라 자동차 관련 ETF는 여전히 불안정한 상태에 있다. 본격적인 무역 분쟁은 공급망을 교란시키고 자동차 제조업체의 비용을 증가시켜 이를 보유한 ETF에 부정적인 영향을 미칠 수 있다. 그러나 행정부가 입장을 완화하거나 면제를 더 연장한다면, 이러한 ETF는 계속해서 상승세를 보일 수 있다.
투자자들은 상황이 전개되는 동안 계속 지켜봐야 한다. 현재로서는 1개월의 유예 기간이 일시적인 호재로 작용 중이다.
이미지: Shutterstock
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웨드부시증권은 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ" target="_blank" rel="noopener">TSLA</a>) 인공지능(AI) 이니셔티브가 <a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election" target="_blank" rel="noopener">전반적인 전기차 부문</a>에 대한 잠재적 역풍에도 불구하고 트럼프 2기 행정부 하에서 큰 성장을 이룰 수 있다고 전망했다.
웨드부시증권의 수석 애널리스트 댄 아이브스(Dan Ives)는 도널드 트럼프가 백악관으로 복귀하면 테슬라의 AI 야망이 크게 강화될 것이고, 향후 몇 년 동안 테슬라에 "1조 달러의 AI 가치 증가"를 이끌어낼 수 있을 것으로 예상한다.
그러나 더 광범위한 전기차 산업에 대한 전망은 엇갈리고 있다. 트럼프 후보를 위해 적극적으로 선거운동을 펼친 테슬라의 일론 머스크 CEO는 테슬라의 2분기 실적 발표에서 차기 미국 행정부가 전기차 보조금과 세금 공제를 폐지할 가능성이 있음을 인정했다.
CNBC의 &#8216;스쿼크 온더 스트릿(Squawk on the Street)&#8217;에 출연한 댄 아이브스는 &#8220;백악관에 다시 입성하는 트럼프가 일론 머스크와 테슬라의 환경을 바꿀 것이라고 믿는다&#8221;며 머스크와 트럼프의 연대를 &#8220;주요 전략적 베팅&#8221;으로 바라보면서 &#8220;테슬라의 AI/자율주행 스토리에 매우 긍정적일 것&#8221;이라고 말했다.
더 읽기: <a href="https://kr.benzinga.com/crypto/bitcoin/%ED%8A%B8%EB%9F%BC%ED%94%84-%EB%8B%B9%EC%84%A0-%EC%9D%B4%ED%9B%84-%EB%B9%84%ED%8A%B8%EC%BD%94%EC%9D%B8-%EC%9D%B4%EB%8D%94%EB%A6%AC%EC%9B%80-%EB%B0%8F-%EB%8F%84%EC%A7%80%EC%BD%94%EC%9D%B8%EC%9D%B4/" target="_blank" rel="noopener">트럼프 당선 이후 비트코인, 이더리움 및 도지코인이 급등, 그러나 ‘급격한' 조정이 예상</a>
웨드부시증권은 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41766869/trump-win-biggest-positive-for-elon-musks-tesla-tech-bull-says-it-could-boost-ev-gi" target="_blank" rel="noopener">테슬라 주가가 트럼프 2기 행정부 동안 40~50달러 상승할 수 있다</a>고 예측했다. 이는 현재 거래 수준을 기준으로 16%~20%의 잠재적 상승 여력을 나타낸다. 애널리스트들은 이러한 긍정적인 전망의 근거로 테슬라의 확고한 시장 지위와 제조 역량을 꼽는다.
웨드부시 애널리스트들은 화요일에 "트럼프가 대통령이 되면 전기차 리베이트/세제 인센티브가 축소될 가능성이 높아 전기차 업계에 전반적으로 부정적일 것으로 예상된다&#8221;면서도 "테슬라의 경우 몇 가지 주의 사항이 있지만 잠재적으로 긍정적일 수 있다&#8221;고 덧붙였다.
댄 아이브스는 테슬라 외에도 마이크로소프트, 아마존닷컴, 알파벳의 구글, 팔란티어 테크놀로지스 등 다른 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41766869/trump-win-biggest-positive-for-elon-musks-tesla-tech-bull-says-it-could-boost-ev-gi" target="_blank" rel="noopener">주요 기술 기업들에게도 혜택</a>을 줄 수 있는 중요한 AI 이니셔티브가 있을 것으로 예상한다.
이러한 분석은 트럼프가 <a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election" target="_blank" rel="noopener">제47대 미국 대통령으로 취임</a>할 준비를 하고 있는 가운데 나온 것으로, 기술 및 자동차 부문 모두에 잠재적인 변화의 시기를 예고한다.
테슬라 주가 움직임: 테슬라 주가는 수요일에 14.75% 상승한 288.53달러로 마감하며 눈에 띄는 실적을 보였고, 하루 만에 큰 폭으로 상승하여 연간 상승률이 16.15%에 달했다.
반면, 미국에 기반을 둔 주요 전기차 경쟁업체들은 상당히 고전했다. 리비안 오토모티브(NASDAQ:<a class="ticker" style="font-size: revert;" href="https://www.benzinga.com/stock/RIVN#NASDAQ" target="_blank" rel="noopener">RIVN</a>)와 니오(NYSE:<a class="ticker" style="font-size: revert;" href="https://www.benzinga.com/stock/NIO#NYSE" target="_blank" rel="noopener">NIO</a>)는 어려운 상황에 직면한 것이다.
리비안 주가는 8.31% 하락한 9.71달러로, 2024년 연초 이후 53.98%의 하락률을 기록하며 어려운 궤도를 이어갔다. 니오 역시 5.30% 하락한 5.00달러로, 연초 대비 40.62% 하락다.
또 다른 중국 전기차 제조사 샤오펑(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)과 중국 하이브리드 전기차 대기업 비야디(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC" target="_blank" rel="noopener">BYDDY</a>)도 주가 하락을 경험했지만, 그 정도는 덜했다. 샤오펑 주가는 3.98% 하락한 12.30달러로 거래되었고, 비야디는 4.53% 하락한 71.93달러를 나타냈다. 그러나 비야디는 여전히 전반적으로 강력한 성과를 보이며 연초 대비 33.95% 상승했다.
<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noopener">벤징가 프로 데이터</a>에 따르면 ETF 부문에서는, 테슬라의 모멘텀이 Simplify Volt RoboCar Disruption and Tech ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCAR#NYSE" target="_blank" rel="noopener">VCAR</a>)에서 유사하게 나타났으며, VCAR ETF는 수요일(6일)에 18.48% 상승했다. 그러나 전반적인 전기차 부문은 혼재된 결과를 보였으며, SPDR S&amp;P Kensho Smart Mobility ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAIL#NYSE" target="_blank" rel="noopener">HAIL</a>)는 단 1.23% 상승에 그쳤다.
더 읽기: 
<ul>
<li><a href="https://kr.benzinga.com/news/usa/stocks/%E7%BE%8E-%EA%B5%AD%EC%B1%84%EB%8A%94-%EC%97%B0%EC%A4%80-%ED%9A%8C%EC%9D%98%EB%A5%BC-%EC%95%9E%EB%91%90%EA%B3%A0-%EC%97%B0%EC%A4%91-%ED%81%B0-%ED%8F%AD-%ED%95%98%EB%9D%BD-%ED%8A%B8%EB%9F%BC%ED%94%84/" target="_blank" rel="noopener">美 국채는 연준 회의를 앞두고 연중 큰 폭 하락, 트럼프에 대응하는 파월의 입장은?</a></li>
</ul>
사진 제공: Shutterstock 
면책 조항: 이 기사는 부분적으로 AI 도구의 도움을 받아 작성되었으며, 벤징가 에디터가 검토한 후 게시했습니다.
벤징가 프로의 독점 뉴스 및 도구를 활용해 수익률을 높이세요. 다른 트레이더보다 더 빠르게 앞서갈 수 있습니다. 
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댄 아이브스 "트럼프 2기 행정부, 테슬라에 1조 달러 규모 AI 잠재력 열어줄 것"

테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)의 미국 전기차(EV) 시장 점유율이 <a href="https://www.benzinga.com/news/24/07/39685198/severely-damaged-tesla-cybertruck-involved-in-collision-turns-up-for-auction">처음으로 절반 아래로</a> 떨어졌다.
어떤 일이 (What Happened): 일론 머스크(Elon Musk)가 이끄는 이 회사는 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39502910/elon-musk-could-sell-at-least-100-000-new-lower-cost-models-next-year-tesla-has-ove" target="_blank" rel="noopener" data-google-interstitial="false">한 때 지배했던 부문</a>에서 더 많은 자동차 경쟁사들이 시장 점유율을 차지하는 것을 보고 있다.
화요일 리서치 회사인 콕스 오토모티브(Cox Automotive)가 발표한 새로운 추정에 따르면 테슬라의 미국 EV 시장 점유율은 2분기에 49.7%로 하락해 분기 중 처음으로 50% 아래로 떨어졌다. 이는 2023년 2분기에 게시된 시장 점유율 59.3%보다 감소한 수치이다.
콕스는 7월 11일 전체 2분기 EV 판매 보고서를 발표할 계획이지만, 가장 최근 뉴스레터에서 테슬라의 감소하는 시장 점유율을 포함한 일부 데이터를 살짝 엿볼 수 있었다. 이 숫자에 대한 분석은 다음과 같다:
<ul>
<li>테슬라의 미국 내 매출은 3개월 동안 6.3% 감소했다.</li>
<li>제너럴 모터스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), 포드 자동차(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), 현대차 및 기아차의 EV 판매 호조로 인해 미국 내 2분기 총 판매량이 기록적인 330,463대 판매로 늘어났다.</li>
<li>이 총량은 분기별 판매량이 전년 동기 대비 11.3% 증가했으며, 2023년 4분기 동안 미국에서 판매된 EV 317,168대의 종전 기록을 넘어섰다.</li>
<li>2분기 미국 전체 자동차 판매에서 전기차 판매가 차지하는 비중은 8%로, 전 분기 7.1%, 전년 동기 7.2%보다 증가했다.</li>
<li>메르세데스-벤츠 등 유럽 고급차 제조사들의 판매량 감소로 전체 판매량이 감소했다.</li>
</ul>
또한 읽어볼 것: <a href="https://www.benzinga.com/news/24/07/39697397/zapp-electric-vehicles-shares-are-off-the-roof-what-you-need-to-know">잽 일렉트릭 비이클스 주식 매수 공세: 투자 팁</a>
콕스의 인더스트리 인사이트(Industry Insights) 이사인 스테파니 발데즈 스트리티(Stephanie Valdez Streaty)는 성명에서 &#8220;테슬라의 판매가 계속 감소하고 있으며 EV 판매 점유율이 처음으로 50% 미만인 반면 전반적인 전기 자동차 경쟁 환경은 더욱 강화되고 있다&#8221;고 말했다.
"이로 인해 가격 압박이 계속되고 있으며, 이는 EV 채택률을 서서히 높이는 데 도움이 된다. 적절한 제품을 적절한 가격으로 제공하고 탁월한 소비자 경험을 제공하는 자동차 제조업체가 채택을 주도할 것이다.&#8221;
뉴욕 타임스(New York Times)는 현재 많은 소비자가 유지 관리 및 수리를 제공할 수 있는 대규모 딜러 네트워크를 보유하고 있는 BMW나 포드와 같은 기존 자동차 제조업체로부터 전기 자동차를 구입하고 있다고 <a href="https://www.nytimes.com/2024/07/09/business/tesla-electric-vehicles-market-share.html#:~:text=Tesla%20accounted%20for%2049.7%20percent%20of%20electric%20vehicles,and%20Kia%2C%20the%20research%20firm%2C%20Cox%20Automotive%20said.">보도</a>했다.
주가 움직임: 이날 테슬라는 262.33달러에 3.71% 상승한 262.33달러에, 제너럴 모터스는 0.62% 하락한 46.26달러에서, 포드는 0.62% 떨어진 12.90달러에서 마감했다.
iShares Self-Driving EV and Tech ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>)가 0.17% 하락하고 SPDR S&amp;P Kensho Smart Mobility ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAIL#NYSE">HAIL</a>)가 0.06% 상승하면서 Global X Autonomous &amp; Electric Vehicles ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>)는 화요일에 0.45% 하락했다.
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SPDR S&P Kensho Smart Mobility ETF

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