Helius Medical Tech 주식 (NASDAQ: HSDT)

에 대한 최신 뉴스 Helius Medical Tech (NASDAQ:HSDT) 주식

Helius Medical Tech

Helius Medical Technologies Inc is a neurotech company focused on neurological wellness. The company's purpose is to develop, license, or acquire non-invasive technologies targeted at reducing symptoms of neurological disease or trauma. The company's product, known as the Portable Neuromodulation Stimulator (PoNS) is authorized for sale in Canada as a class II, a non-implantable medical device intended for use as a short-term treatment of gait deficit due to symptoms from multiple sclerosis and balance deficit due to mild-to-moderate traumatic brain injury and is to be used in conjunction with supervised therapeutic exercise.

Helius Medical Technologies, Inc. - Class A Common Stock

Helius Medical Technologies Inc

Helius Medical Technologies Inc Warrants (02/02/2026)

News

IPOs

PACHU

Reported Earlier, Pioneer Acquisition I Corp Prices $220M Initial Public Offering Of 22M Units At $10 Per Unit

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the &#8220;Neutral&#8221; zone on Tuesday.
U.S. stocks settled lower on Tuesday, with the Dow Jones index dipping around 300 points during the session as geopolitical fears surged following an Axios News report that President Donald Trump will meet with his national security team in the White House Situation Room to decide U.S. policy regarding the escalating war between Israel and Iran.
Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) reported better-than-expected third-quarter results. CERo Therapeutics Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) shares jumped 189% on Tuesday after the company received FDA Orphan Drug Designation for CER-1236 for the treatment of acute myeloid leukemia.
On the economic front, U.S. retail sales fell 0.9% month-over-month in May compared to a revised 0.1% decline in April and versus market estimates of a 0.7% fall. U.S. import prices came in unchanged from the previous month in May, while export prices declined 0.9% month-over-month in May. U.S. industrial production declined 0.2% in May, versus market estimates of a 0.1% gain.
Most sectors on the S&amp;P 500 closed on a negative note, with health care, materials and consumer discretionary stocks recording the biggest losses on Tuesday. However, energy stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by over 299 points to 42,215.80 on Tuesday. The S&amp;P 500 dipped 0.84% to 5,982.72, while the Nasdaq Composite declined 0.91% to 19,521.09 during Tuesday's session.
Investors are awaiting earnings results from Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>), GMS Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMS#NYSE">GMS</a>) and Euroseas Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESEA#NASDAQ">ESEA</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 53.9, the index moved to the &#8220;Neutral&#8221; zone on Tuesday, versus a prior reading of 61.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

CERO

ESEA

Dow Dips Around 300 Points As Israel-Iran Conflict Escalates: Investor Sentiment Declines, Fear & Greed Index Moves To 'Neutral' Zone

Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) will release its fourth-quarter financial results before the opening <a href="https://www.benzinga.com/quote/DRI/earnings">bell on Friday, June 20.</a>
Analysts expect the Orlando, Florida-based company to report quarterly earnings at $2.96 per share, up from $2.65 per share in the year-ago period. Darden Restaurants projects quarterly revenue of $3.26 billion, compared to $2.96 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 20, the company reported third-quarter revenue growth of 6.2% year-on-year to $3.158 billion, missing the analyst consensus estimate of $3.215 billion.
Darden Restaurants shares gained 0.01% to close at $224.78 on Tuesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/dri/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Wells Fargo analyst Zachary Fadem maintained an Equal-Weight rating and increased the price target from $200 to $225 on June 17, 2025. This analyst has an accuracy rate of 83%.</li>
<li>Evercore ISI Group analyst David Palmer maintained an Outperform rating and raised the price target from $230 to $250 on June 16, 2025. This analyst has an accuracy rate of 61%.</li>
<li>UBS analyst Dennis Geiger maintained a Buy rating and boosted the price target from $225 to $245 on June 16, 2025. This analyst has an accuracy rate of 63%.</li>
<li>Jefferies analyst Andy Barish upgraded the stock from Underperform to Hold and raised the price target from $165 to $210 on June 13, 2025. This analyst has an accuracy rate of 61%.</li>
<li>Keybanc analyst Eric Gonzalez maintained an Overweight rating and boosted the price target from $220 to $230 on June 6, 2025. This analyst has an accuracy rate of 70%</li>
</ul>
Considering buying DRI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/DRI/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="575" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18030314/image-272-1024x575.png" alt="" class="wp-image-953386" style="width:589px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18030314/image-272-1024x575.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18030314/image-272-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18030314/image-272-768x431.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18030314/image-272.png 1125w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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</ul>
Photo via Shutterstock

Earnings

Price Target

Markets

Analyst Ratings

Trading Ideas

Darden Restaurants Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Reported Earlier, EHang And Gotion Expand Strategic Partnership To Power EH216 eVTOL Aircraft With High-Performance Battery Solutions For Low-Altitude Economy

Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) announced Tuesday it will increase prices for its Enterprise and Unlimited Editions by an average of 6% starting August 1, as the cloud software giant promotes new artificial intelligence capabilities through its Agentforce platform.
What Happened: The price hikes affect Sales Cloud, Service Cloud, Field Service and select Industries Clouds products. Salesforce said the increases &#8220;reflect the significant ongoing innovation and customer value delivered through our products,&#8221; according to company documentation. 
The announcement coincides with the general availability of new Agentforce add-ons starting at $125 per user per month and Agentforce 1 Editions beginning at $550 monthly. These offerings replace existing Einstein add-ons and provide unlimited generative AI usage for licensed employees.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45988833/iran-says-whatsapp-a-tool-for-israeli-surveillance-meta-hits-back-calling-it-false-reports" target="_blank" rel="noreferrer noopener">Iran Says WhatsApp A Tool For Israeli Surveillance — Meta Hits Back, Calling It ‘False Reports'</a>
Why It Matters: The timing reflects Salesforce&#8217;s <a href="https://www.benzinga.com/markets/equities/24/12/42547850/salesforce-plans-hiring-spree-to-sell-ai-that-cuts-hiring-time-and-boosts-sales-productivity">aggressive push into enterprise AI markets</a>. The company plans to hire 2,000 sales personnel to sell AI products, doubling its previous target amid strong demand. CEO Marc Benioff revealed the expanded hiring received &#8220;9,000 referrals for the 2,000 positions&#8221; at a San Francisco event.
Salesforce recently <a href="https://www.benzinga.com/news/earnings/25/05/45657851/salesforce-q1-earnings-revenue-beat-eps-beat-raised-guidance-momentum-in-agentic-ai-shares-surge">reported first-quarter revenue</a> of $9.83 billion, beating consensus estimates of $9.75 billion. The company raised full-year fiscal 2026 revenue guidance to $41-$41.3 billion versus analyst estimates of $40.83 billion.
The price increases come as Salesforce <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45617449/salesforce-strikes-8-billion-acquisition-to-boost-ai-and-data-cloud-power">invests heavily in AI development</a> and acquisitions. The company recently agreed to acquire data management firm Informatica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NASDAQ">INFA</a>) for approximately $8 billion, strengthening its AI capabilities through enhanced data integration and governance tools.
Price Action: Salesforce stock closed at $262.76 on June 17, down 0.42%, and dipped slightly to $262.75 after hours. The stock is down 20.53% year to date.
According to Benzinga Edge Stock Rankings, CRM shows strong growth and quality despite a weak valuation and only moderate momentum. The stock is currently trending negatively across the short, medium, and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here for the full stock breakdown</a>.
<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="886" height="630" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18024243/image-271.png" alt="" class="wp-image-953354" style="width:595px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18024243/image-271.png 886w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18024243/image-271-300x213.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18024243/image-271-768x546.png 768w" sizes="(max-width: 886px) 100vw, 886px" /></a></figure>
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<li><a href="https://www.benzinga.com/news/politics/25/06/45988847/senate-republicans-axe-250-annual-fee-on-evs-100-fee-on-hybrids-in-tax-bill-proposal-report">Senate Republicans Axe $250 Annual Fee On EVs, $100 Fee On Hybrids In Tax Bill Proposal: Report</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: NYCStock / Shutterstock.com

Equities

INFA

Salesforce Raises Enterprise Software Prices 6% As Company Pushes AI-Powered Agentforce Platform

MIELF

MIELY

Reported Earlier, Mitsubishi Electric Unveils Compact AI Language Model For Confidential Manufacturing Tasks Using Data Augmentation Techniques

BMEA

Reported Earlier, Biomea Fusion Prices $40M Public Offering Of 19.45M Shares And 0.55M Pre-Funded Warrants At $2.00 Each With $2.50 Warrants

With U.S. stock futures trading slightly higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) to report quarterly earnings at $1.26 per share on revenue of $689.90 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Korn Ferry shares gained 3.7% to $69.20 in after-hours trading.</li>
<li>Beyond Air Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XAIR#NASDAQ">XAIR</a>) posted mixed fourth-quarter results after Tuesday&#8217;s closing bell. Beyond Air reported quarterly losses of nine cents per share, which beat the analyst consensus estimate of a loss of 12 cents. Quarterly revenue came in at $1.15 million, which missed the Street estimate of $1.39 million and is up from revenue of $470,000 from the same period last year. Beyond Air shares tumbled 18.2% to $0.2330 in the after-hours trading session.</li>
<li>Analysts are expecting GMS Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMS#NYSE">GMS</a>) to post earnings at $1.11 per share on revenue of $1.30 billion for the latest quarter. The company will release earnings before the markets open. GMS shares fell 0.3% to $73.00 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) reported a $300 million proposed private placement of Convertible Senior Notes. Bitdeer Technologies shares dipped 4.7% to $12.10 in the after-hours trading session.</li>
<li>Analysts expect Euroseas Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESEA#NASDAQ">ESEA</a>) to post quarterly earnings at $3.28 per share on revenue of $52.91 million after the closing bell. Euroseas shares rose 1.9% to $45.90 in the after-hours trading session.</li>
</ul>
Read Next:
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<li> <a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45970767/top-3-health-care-stocks-that-are-ticking-portfolio-bombs">Top 3 Health Care Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

BTDR

XAIR

Korn Ferry, GMS And 3 Stocks To Watch Heading Into Wednesday

Brings total number of GTF engine orders and commitments to more than 12,000

RTX's Pratt & Whitney Surges Past 12,000 GTF Engine Commitments With Demand from Over 90 Global Customers

Elon Musk says today's artificial-intelligence gold rush has inflated startup prices to &#8220;eye-watering&#8221; heights, creating &#8220;a herd of unicorns&#8221; whose valuations often eclipse their track records.
What Happened: "The minimum impulse bid for an AI startup is like $1 billion … There are so many frickin-unicorns," the billionaire told Y Combinator's AI Startup School, adding that companies "less than a year old" routinely fetch multibillion-dollar tags.
Musk contrasted the frenzy with <a href="https://www.benzinga.com/markets/tech/25/06/45985302/elon-musk-shares-best-advice-with-ai-engineers-do-this">his own experience</a> selling Zip2 for $300 million in 1999: "That was a lot at the time." Now, he said, venture investors throw ten-figure sums at fledgling firms on the mere promise of generative AI.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Elon Musk tonight on crazy AI startup valuations: &quot;It (Zip2) sold for like $300M, which was a lot at the time. These days I think the minimum impulse bid for an AI startup is like $1 billion dollars. There&#39;s so many frickin unicorns it&#39;s like a herd of unicorns; The hype of AI is… <a href="https://t.co/e4hfm4QE38">pic.twitter.com/e4hfm4QE38</a>
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1934844432362135699?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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Market data backs him up. Research site Thunderbit counts more than 370 AI unicorns worth a combined $1 trillion, a 74 percent jump in one year. Crunchbase, on the other hand, shows early-stage startups reaching unicorn status at triple the pre-pandemic pace.
See also: <a href="https://www.benzinga.com/markets/tech/25/06/45988833/iran-says-whatsapp-a-tool-for-israeli-surveillance-meta-hits-back-calling-it-false-reports">Iran Says WhatsApp A Tool For Israeli Surveillance — Meta Hits Back, Calling It &#8216;False Reports&#8217;</a>
The boom has minted micro-teams with macro price tags, as chronicled in a recent Business Insider report, which profiled a dozen AI firms valued above $1 billion despite having fewer than 50 employees. Investors justify the premiums by pointing to breakout successes such as Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and 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>)-backed Anthropic, <a href="https://www.benzinga.com/tech/25/03/44099466/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs">now worth $61.5 billion</a> after a year of product launches and Musk's own xAI, which is already valued at $80 billion, according to Reuters.
Why It Matters: Skeptics warn the stampede could end badly. IPO analysts at PitchBook say unicorn ranks keep swelling even as public-market debuts languish. Meanwhile, Foundation Capital research shows unicorn creation up 14-fold in a decade, fueled largely by cheap money and AI hype.
Musk&#8217;s comments arrive weeks after Anthropic CEO Dario Amodei predicted at the company's Code with Claude summit that a <a href="https://www.benzinga.com/tech/25/05/45602384/jeff-bezos-backed-anthropics-ceo-says-the-first-billion-dollar-company-staffed-by-one-person-will-appear-next-year-hallucinations-unlikely-to-delay-lean-startups">single-employee startup</a> will reach a $1 billion valuation by 2026. His forecast excited founders who hope large-language-model agents can replace entire departments.
Photo Courtesy: Frederic Legrand &#8211; COMEO On Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/45988862/trump-extends-tiktok-divestment-deadline-again-says-xi-will-ultimately-approve-the-deal-amid-stalled-us-spinoff-talks">Trump Extends TikTok Divestment Deadline Again, Says &#8216;Xi Will Ultimately Approve&#8217; The Deal Amid Stalled US Spinoff Talks</a>

Tech

AMZN

GOOG

GOOGL

Elon Musk Blames AI Hype For $1 Billion Startup Valutions: 'There Are So Many Frickin-Unicorns'

EVEX

Eve Air Mobility And Future Flight Global Sign LOI for Up To 54 eVTOLs To Transform Urban Air Travel In Brazil And the United States

In a significant development, the Senate <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45972264/senate-advances-stablecoin-bill-a-defining-moment-for-crypto-market-regulation">passed the GENIUS Act</a> on Tuesday, a bill establishing the country&#8217;s first regulatory framework for dollar-pegged stablecoins.&nbsp;
Prominent names tied to the cryptocurrency industry soon took to social media to celebrate the passage.
What happened: Brian Armstrong, CEO of America's largest cryptocurrency exchange, Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), called it a "big milestone."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Big milestone! <a href="https://t.co/hQtX7IylvN">https://t.co/hQtX7IylvN</a>
&mdash; Brian Armstrong (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1935153738324545537?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote>
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Paolo Ardoino, CEO of the world's largest stablecoin-issuing company, Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), wrote "GENIUS" in a post, alongside the emojis of the U.S. national flag and the national bird, the bald eagle.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">GENIUS &#x1f9e0;&#x1f985;&#x1f1fa;&#x1f1f8;
&mdash; Paolo Ardoino &#x1f916; (@paoloardoino) <a href="https://twitter.com/paoloardoino/status/1935094673141281222?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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Jeremy Allaire, co-founder and CEO of the newly listed stablecoin company, Circle Internet Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>), said that "history was being made" and the legislation would help "drive U.S. economic and national competitiveness" in the years to come.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">History is being made, as the US Senate passes the GENIUS Act, taking us one step closer to breakthrough legislation being signed into law that will drive US economic and national competitiveness for decades to come.
&mdash; Jeremy Allaire &#8211; jda.eth / jdallaire.sol (@jerallaire) <a href="https://twitter.com/jerallaire/status/1935093204572893663?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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Interestingly, Treasury Secretary Scott Bessent, who has <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45897485/treasury-secretary-scott-bessent-sees-stablecoin-market-surging-past-2-trillion-as-senate-a">strongly backed the GENIUS Act</a>, said that its passage could help stablecoins grow into a $3.7 trillion market by the end of the decade.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Recent reporting projects that stablecoins could grow into a $3.7 trillion market by the end of the decade. That scenario becomes more likely with passage of the GENIUS Act. A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back…
&mdash; Treasury Secretary Scott Bessent (@SecScottBessent) <a href="https://twitter.com/SecScottBessent/status/1935027160374210573?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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While the bill passed with bipartisan support in a 68-30 vote, a section of Democrats voted against it, citing the involvement of President Donald Trump and his family with the space.
Sen. Peter Welch (D-Vt.) said the bill allows the President and his family to continue owning, issuing, and profiting off stablecoins.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The GENIUS Act prohibits members of Congress and their families from profiting off stablecoins, but Republicans wrote a carveout into the legislation to make sure at least one person can profit. President Trump. I just voted against it.
&mdash; Senator Peter Welch (@SenPeterWelch) <a href="https://twitter.com/SenPeterWelch/status/1935087298162438280?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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Sen. Dick Durbin (D-Ill.) said that in the absence of an amendment process, the bill would enable crypto scams "at the expense of unsuspecting Americans."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Today, I voted NO on the GENIUS Act. With no amendment process, this bill will allow crypto ATM scams to continue at the expense of unsuspecting Americans. Conveniently, it also allows the President and his family to continue owning, issuing, and profiting off of stablecoins.
&mdash; Senator Dick Durbin (@SenatorDurbin) <a href="https://twitter.com/SenatorDurbin/status/1935100630764605486?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>
Why It Matters: Despite early bipartisan momentum, the bill failed a <a href="https://www.benzinga.com/content/45327068/scott-bessent-slams-48-49-senate-snub-will-genius-act-failure-cost-u-s-crypto-crown">procedural vote</a> on May 8 after Senate Democrats abruptly pulled support over national security concerns, AML provisions, and last-minute resistance from key lawmakers.
The bill passed the closure vote last month despite vehement opposition by Sen. Elizabeth Warren (D-Mass.), who <a href="https://www.benzinga.com/25/05/45509721/elizabeth-warren-urges-congress-to-vote-against-genius-act-citing-potential-for-trumps-corruptionanthony-scaramucci-warns-democrats-against-political-suicide">alleged</a> that the legislation would "turbocharge" Trump's corruption, citing the family-backed USD1 stablecoin.
The bill now heads to the House for further debate before it reaches Trump's desk for approval.
Photo Courtesy: ddRender on Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45988475/us-military-action-on-iran-odds-rise-on-crypto-betting-site-polymarket-as-trump-demands-unconditional-surrender">US Military Action On Iran? Odds Rise On Crypto Betting Site Polymarket As Trump Demands &#8216;Unconditional Surrender&#8217;</a></li>
</ul>

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

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COIN

Senate Passes GENIUS Act—Coinbase's Brian Armstrong Calls It 'Big Milestone,' Scott Bessent Says Passage Could Drive Stablecoins Into A $3.7 Trillion Market

Elon Musk&#8216;s X Corp filed a federal lawsuit Tuesday against New York state, challenging the constitutionality of legislation requiring social media platforms to disclose content moderation practices for hate speech and extremism.
What Happened: The lawsuit targets the Stop Hiding Hate Act, which X claims violates First Amendment protections by forcing disclosure of &#8220;highly sensitive and controversial speech&#8221; policies, reported Reuters. The Manhattan federal court filing argues the law subjects platforms to potential lawsuits and fines up to $15,000 per violation daily.
&#8220;Deciding what content is acceptable on social media platforms engenders considerable debate among reasonable people about where to draw the correct proverbial line,&#8221; X stated in court documents. &#8220;This is not a role that the government may play.&#8221;
The law, authored by state Senator Brad Hoylman-Sigal and Assemblymember Grace Lee with Anti-Defamation League support, was signed by Governor Kathy Hochul in December. It requires platforms to report progress on eliminating hate speech, disinformation, harassment, and foreign political interference, according to the report.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45988833/iran-says-whatsapp-a-tool-for-israeli-surveillance-meta-hits-back-calling-it-false-reports" target="_blank" rel="noreferrer noopener">Iran Says WhatsApp A Tool For Israeli Surveillance — Meta Hits Back, Calling It ‘False Reports'</a>
Why It Matters: X&#8217;s legal challenge follows similar <a href="https://www.benzinga.com/markets/equities/24/04/38477389/elon-musk-take-fight-for-free-speech-abroad-feuds-with-australia-and-brazil-over-content-restric">content moderation disputes globally</a>. The platform faces ongoing tensions with Brazil over account restrictions and recently settled with California over nearly identical disclosure requirements in February.
Musk, who acquired <a href="https://www.benzinga.com/government/24/09/40781224/elon-musk-to-be-summoned-by-uk-parliament-over-role-of-social-media-platform-x">Twitter for $44 billion in October 2022</a> and rebranded it as X, eliminated many content moderation policies while positioning himself as a &#8220;free speech absolutist.&#8221; Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock has faced pressure repeatedly in the past amid concerns over Musk&#8217;s X-related activities.
The complaint references legislative sponsors&#8217; criticism of X&#8217;s &#8220;disturbing record&#8221; on content moderation that &#8220;threatens the foundations of our democracy.&#8221; 
X based its constitutional challenge on a 2023 federal appeals court <a href="https://www.benzinga.com/news/24/09/40722358/elon-musks-x-triumphs-in-appeal-over-california-law-on-content-moderation-policies-congrats-for-defe">decision that partially blocked California&#8217;s similar law</a> over free speech concerns. The legislators expressed confidence that their law would withstand judicial scrutiny, stating Musk&#8217;s resistance demonstrates the legislation&#8217;s necessity.
Read Next:
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45988475/us-military-action-on-iran-odds-rise-on-crypto-betting-site-polymarket-as-trump-demands-unconditional-surrender" target="_blank" rel="noreferrer noopener">US Military Action On Iran? Odds Rise On Crypto Betting Site Polymarket As Trump Demands ‘Unconditional Surrender'</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.
Image Via Shutterstock

Legal

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Elon Musk's X Sues New York Over 'Stop Hiding Hate' Act, Calls Disclosure Mandate A Violation Of Free Speech

Macro Economic Events

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Economics

U.K. Consumer Price Index (MoM) For May 0.2% Vs. 0.2% Est.; 1.2% Prior

U.K. Consumer Price Index (YoY) For May 3.4% Vs. 3.3% Est.; 3.5% Prior

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) will shut down production at the Texas Gigafactory, which manufactures the Cybertruck and the Model Y, over the Independence Day weekend.
What Happened: The planned shutdown would begin on June 30, which was decided after a meeting with workers at the factory. All production activities would begin the following week, Business Insider reported <a href="https://www.businessinsider.com/tesla-model-y-cybertruck-production-pause-july-4-2025-6">on</a> Tuesday.
The report suggests that the halt would help Tesla carry out some maintenance work on its production line. This is the third such halt of production lines in the past year at Elon Musk's EV giant.
The company has told the employees that they can use their paid time off or come in for voluntary training and cleaning during the production shutdown, the report said.
Why It Matters: News of the production shutdown comes as Tesla is gearing up to roll out the Robotaxi in <a href="https://www.benzinga.com/markets/tech/25/06/45942936/elon-musks-cybercab-ambitions-just-got-a-boost-as-nhtsa-eases-regulations-for-autonomous-vehicles">Austin on June 22</a>, with CEO Elon Musk saying that Tesla vehicles would drive right up to customers' houses starting June 28.
Tesla is a key player in the U.S. autonomous driving sector, as the company, with recent data suggesting that the company's <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 for the robotaxi</a> is 1/7 that of 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.
However, despite developments in the self-driving taxi sector as well as autonomous driving as a whole, Tesla is still dealing with<a href="https://www.benzinga.com/markets/tech/25/06/45969242/elon-musk-has-a-new-problem-byd-beats-tesla-in-global-ev-sales-amid-europe-expansion"> falling sales figures </a>throughout the globe.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="206" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18012007/TSLA-JUN-18-2025-1024x206.jpg" alt="" class="wp-image-953280" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18012007/TSLA-JUN-18-2025-1024x206.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18012007/TSLA-JUN-18-2025-300x60.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18012007/TSLA-JUN-18-2025-768x155.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18012007/TSLA-JUN-18-2025-1536x309.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18012007/TSLA-JUN-18-2025.jpg 1549w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla scores well on Momentum, Quality and Growth metrics. However, the stock 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</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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<li><a href="https://www.benzinga.com/markets/tech/25/06/45965638/amid-trumps-anti-ev-push-senate-republicans-propose-tax-bill-to-axe-7500-ev-credit">Amid Trump's Anti-EV Push, Senate Republicans Propose Tax Bill To Axe $7500 EV Credit</a></li>
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Photo courtesy: Ken Wolter / Shutterstock.com

Tesla Will Shut Down Production At The Texas Gigafactory Over The 4th Of July Weekend

Steve Jobs earned a reputation for merciless standards, yet sometimes his demand for perfection came wrapped in jaw-dropping generosity.
What Happened: Ron Givens, Apple's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) director of quality from 1981 to 1986, recalled the day a secretary shuffled in late. Jobs stormed over to ask why, and she admitted her car had died that morning.
"That afternoon, he walks into her office, tosses a set of keys to a brand-new Jaguar and says, ‘Here, don't be late anymore,'" Givens told WRAL in an <a href="https://www.wral.com/story/10230791/">interview</a> back in 2011. A Jaguar XJ cost roughly $35,000 in 1981, about $123,000 in today's dollars when adjusted for inflation, making the spur-of-the-moment gift an extraordinary employee perk.
The story illustrates the paradox of Apple's co-founder, who was a boss employees feared, yet one who could motivate "out of your socks," as Givens put it. Jobs, then 26, lived and breathed the company, prowling hallways to grill engineers on pixel placement one minute and springing surprises the next.
See also: <a href="https://www.benzinga.com/markets/equities/25/06/45968913/bill-gates-once-scoffed-spend-all-day-with-a-guy-who-just-picks-stocks-before-discovering-that-the-stock-picker-had-a-masterminds-blueprint-for-w">Bill Gates Once Scoffed, &#8216;Spend All Day With A Guy Who Just Picks Stocks?&#8217;—Before Discovering That The &#8216;Stock Picker&#8217; Had A Mastermind&#8217;s Blueprint For Winning In Business</a>
Givens, two decades older, said he often thought Jobs's ideas were "stupid" until their brilliance clicked later. Back in 2011, he said he still kept a $1,000 Steuben-glass apple Jobs had handed him unannounced.
Why It Matters: Steve Jobs ran Apple with icy precision, insisting on "<a href="https://www.benzinga.com/news/management/25/05/45190886/steve-jobs-warned-the-difference-between-good-and-great-software-engineers-is-50to1-admitted-firing-non-performers-was-very-painful-yet-necessary">only A players</a>" and admitting that firing weaker talent, though "very painful," was necessary to maintain high standards. His late-night demands could left teams exhausted, and Pixar's Pete Docter later said Jobs's <a href="https://www.benzinga.com/markets/tech/25/06/45943213/steve-jobs-shared-this-work-habit-with-elon-musk-and-jeff-bezos-says-pixar-exec-but-vows-never-to-repeat-it">3 am phone calls</a> were a work trait he would "never repeat."
Elon Musk openly praises that edge, agreeing with Jobs that a CEO's chief duty is "recruiting exceptional talent" rather than hand-holding staff, and he echoes Jobs's view that "the greatest people are <a href="https://www.benzinga.com/tech/24/11/42253830/elon-musk-agrees-with-steve-jobs-on-the-most-important-job-of-a-ceo-heres-what-the-legendary-apple-co-founder-had-to-say">self-managing</a>."
Not every leader wants the full Jobs playbook. Bill Gates once called comparing Musk to the "genius" Jobs a "<a href="https://www.benzinga.com/personal-finance/25/04/44780772/bill-gates-said-its-a-gross-oversimplification-to-compare-elon-musk-to-genius-steve-jobs-you-wouldnt-walk-into-a-room-and-confu">gross oversimplification</a>," warning that charisma can mask managerial chaos.
Photo Courtesy: rnkadsgn on Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/45940555/naval-ravikant-says-elon-musks-a-purist-recalling-why-he-likely-never-speaks-to-bill-gates" target="_blank" rel="noreferrer noopener">Naval Ravikant Says Elon Musk's A ‘Purist' Recalling Why He Likely Never Speaks To Bill Gates</a>

AAPL

Steve Jobs Once Gave A Secretary A Brand New Jaguar Out Of The Blue, Here Is Why The Apple Co-Founder Was So Generous

The Israel Defense Forces launched coordinated strikes against Iranian nuclear and weapons facilities near Tehran using more than 50 fighter jets, escalating Middle East tensions that have already boosted defense sector equities and oil prices.
What Happened: The IDF confirmed Tuesday it targeted a uranium centrifuge production site in Tehran designed to expand Iran&#8217;s nuclear enrichment capabilities. 
Intelligence Directorate guidance enabled precision strikes on multiple weapons manufacturing facilities producing ground-to-ground and surface-to-air missile components.
&#8220;The Iranian regime enriches uranium intended for nuclear weapons development,&#8221; the IDF stated, emphasizing that civilian nuclear programs don&#8217;t require such enrichment levels. 
The operation specifically targeted raw materials and assembly components for missiles Iran has launched toward Israel.
<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">צה&quot;ל תקף הלילה אתר ייצור צנטריפוגות ומספר אתרי ייצור אמצעי לחימה של המשטר האיראני יותר מ-50 מטוסי קרב של חיל האוויר, בהכוונה מודיעינית מדויקת של אגף המודיעין, השלימו בשעות האחרונות סדרת תקיפות של מטרות צבאיות במרחב טהראן. במסגרת המאמץ הנרחב לפגוע בתכנית לפיתוח הנשק הגרעיני… <a href="https://t.co/RNAAvSChgl">pic.twitter.com/RNAAvSChgl</a>
&mdash; צבא ההגנה לישראל (@idfonline) <a href="https://twitter.com/idfonline/status/1935189614563639665?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45988833/iran-says-whatsapp-a-tool-for-israeli-surveillance-meta-hits-back-calling-it-false-reports">Iran Says WhatsApp A Tool For Israeli Surveillance — Meta Hits Back, Calling It &#8216;False Reports&#8217;</a>
Why It Matters: Defense contractors rallied in after-hours trading following the strikes. Israel&#8217;s Elbit Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESLT#NASDAQ">ESLT</a>) rose 1.12% after hours, while RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) climbed 0.72%.
The broader defense sector saw after-hours gains, with Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) rising 1.06% and Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) up 0.60%. Defense-focused ETFs also advanced, as the iShares U.S. Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITA#NYSE">ITA</a>) added 0.38%, while the Global X Defense Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>) gained 0.39%
President Donald Trump <a href="https://www.benzinga.com/markets/market-summary/25/06/45988507/trump-demands-irans-uncoditional-surrender-stock-futures-remain-steady-defense-shares-trade-higher-in-after-hours-trading">dismissed ceasefire speculation</a>, telling reporters aboard Air Force One he seeks &#8220;a real end&#8221; to Iran&#8217;s nuclear program with Tehran abandoning it &#8220;entirely.&#8221; His Truth Social posts called for Iran&#8217;s &#8220;unconditional surrender&#8221; while threatening Iran&#8217;s Supreme Leader.
Read Next: 
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45988475/us-military-action-on-iran-odds-rise-on-crypto-betting-site-polymarket-as-trump-demands-unconditional-surrender">US Military Action On Iran? Odds Rise On Crypto Betting Site Polymarket As Trump Demands &#8216;Unconditional Surrender&#8217;</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Global

ESLT

iShares Dow Jones US Aerospace & Defense Index Fund

KTOS

SHLD

Israel Says It Struck Iranian Centrifuge Site, Missile Factories Near Tehran With Over 50 Jets To Disrupt Weapons Program

Anthony Scaramucci, founder and CEO of SkyBridge Capital, tapped into the ongoing debate about political integrity Tuesday by quoting former President Harry Truman.
What happened: In an X post, Scaramucci remembered words of the 33rd president of the U.S., which go like,
"I could never lend myself to any transaction, however respectable, that would commercialize on the prestige and dignity of the office of the presidency. Show me a man that gets rich by being a politician, and I&#8217;ll show you a crook."
<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 could never lend myself to any transaction, however respectable, that would commercialize on the prestige and dignity of the office of the presidency Show me a man that gets rich by being a politician, and I&#39;ll show you a crook." Harry Truman, President of the United States
&mdash; Anthony Scaramucci (@Scaramucci) <a href="https://twitter.com/Scaramucci/status/1935080432875221445?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Notably, Truman was one of the <a href="https://www.benzinga.com/general/entertainment/22/05/27383372/9-poorest-presidents-of-all-time">poorest U.S. presidents</a>, having started as a near-bankrupt clothes salesman in Missouri before serving a total of 18 years in Washington, D.C.&nbsp;
Soon, X users converged on the post, making comparisons to rich politicians, including President Donald Trump, <a href="https://www.benzinga.com/general/entertainment/22/05/27403957/who-are-the-9-richest-presidents-of-all-time">who is the wealthiest U.S. president ever</a>, and Nancy Pelosi.
<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"><a href="https://twitter.com/SpeakerPelosi?ref_src=twsrc%5Etfw">@SpeakerPelosi</a> has entered the chat!
&mdash; Publius X (@Mrodgerss232) <a href="https://twitter.com/Mrodgerss232/status/1935081884100198796?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Scaramucci didn't immediately return Benzinga's request to throw more light on his post.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>
Why It Matters: Scaramucci has been a <a href="https://www.benzinga.com/news/25/04/44658808/scaramucci-on-tariffs-there-is-stupid-and-then-there-is-donald-trump-stupid">known critic of Trump's policies</a>, and even if not explicitly named, the post could imply a critique of the president.
In the past, Scaramucci blasted the launch of Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) memecoin as&nbsp; <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43076714/scaramucci-criticizes-donald-trumps-meme-coin-launch-idi-amin-level-corruption">&#8220;Idi Amin-level corruption&#8221;</a> and also flagged concerns around cryptocurrency ventures backed by Trump's family.
According to the president's latest financial disclosure, the family-backed cryptocurrency venture World Liberty Financial yielded him $57.4 million last year, <a href="https://www.benzinga.com/news/politics/25/06/45939551/trump-made-57-4-million-from-family-crypto-firm-plus-big-bucks-from-branded-guitars-sneakers-and-watches">positioning it as one of his primary sources of income</a>.
Moreover, his sons Eric Trump&nbsp;and&nbsp;Donald Trump Jr.&nbsp;unveiled a &#8220;<a href="https://www.benzinga.com/news/25/06/45987984/donald-trump-wants-you-to-use-his-new-47-mobile-plan-with-a-499-gold-phone-made-in-america">made in America&#8221; Trump-branded mobile phone</a> venture during an event earlier this week, with the gold version of the phone costing $499 and monthly plans at $47.45.
Photo Courtesy: Al Teich On Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45988475/us-military-action-on-iran-odds-rise-on-crypto-betting-site-polymarket-as-trump-demands-unconditional-surrender">US Military Action On Iran? Odds Rise On Crypto Betting Site Polymarket As Trump Demands &#8216;Unconditional Surrender&#8217;</a></li>
</ul>

Anthony Scaramucci Quotes Harry Truman To Take A Sly Dig At Trump's Recent Ventures? — 'Show Me A Man That Gets Rich By Being A Politician…'

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WisdomTree Trust Japan Total Dividend Fund

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Helius Medical Technologies, Inc. Announces the Establishment of a Wholly Owned Brain Computer Interface ("BCI") Technology Private Subsidiary

Helius Medical Technologies Announces Reverse Stock Split

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Helius Medical Technologies, Inc. Compliant with Nasdaq Bid Price Rule Listing Criteria

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Helius Medical Technologies, Inc. Announces Authorized Claim for Payment by Major Healthcare Payer for its Portable Neuromodulation Stimulator (PoNS®) Device

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Positive PoNSTEP Study Results Presented at Consortium of Multiple Sclerosis Centers Annual Meeting

Helius Medical Technologies, Inc. Announces Claim Authorization by CignaHealth, for its Portable Neuromodulation Stimulator (PoNS®) Device

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