IGM Biosciences (NASDAQ:IGMS) 주식

IGM Biosciences

IGM Biosciences Inc is a biotechnology company engaged in the development of IgM antibody therapeutics for the treatment of cancer, infectious diseases, and autoimmune and inflammatory diseases. Its IgM antibody technology platform is suited for developing T cell engagers, receptor cross-linking agonists, and targeted cytokines. Its product candidate, Aplitabart: An IgM antibody targeting Death Receptor 5 (DR5) proteins, for the treatment of colorectal cancer; Imvotamab: A bispecific for severe systemic lupus erythematosus (SLE) and one for severe rheumatoid arthritis (RA); and IGM-2644: A bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins, currently planned for evaluation in autoimmune disease.

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iShares Russell 2000 ETF가 추적하는 러셀(Russell) 2000 소형주 지수는 2023년 10월 이후 최고의 주간 실적을 기록하여 6% 이상 급등하여 2022년 1월 이후 최고 수준에 도달했다.

러셀 2000 지수, 연중 가장 강한 주를 기록하며 31개월 최고치를 기록

IGM Biosciences Inc

The State Department, under Secretary Marco Rubio, is reportedly launching an AI-driven initiative to revoke the visas of foreign students who express views deemed supportive of Hamas.
What Happened: In a policy shift, the State Department will deploy artificial intelligence to analyze the social media activity of student visa holders, searching for signs of sympathy toward Hamas or other designated terrorist organizations, <a href="https://www.axios.com/2025/03/06/state-department-ai-revoke-foreign-student-visas-hamas">reported</a> Axios, citing senior officials.
The effort, known as &#8220;Catch and Revoke,&#8221; will also review past arrests, school suspensions, and media reports on anti-Israel demonstrations to determine whether a visa should be revoked.
See Also: <a href="https://in.benzinga.com/news/global/25/01/43216186/hamas-releases-four-female-israeli-soldiers-after-more-than-a-year-in-captivity">Hamas Releases Four Female Israeli Soldiers After More Than a Year in Captivity</a>
The initiative is being coordinated with the Departments of Justice and Homeland Security.
Officials say the move follows a review of 100,000 students in the Student Exchange Visitor System, which found that no visas had been revoked during the Joe Biden administration despite instances of student arrests.
Rubio and other officials argue that prior policies allowed foreign nationals to engage in what they call extremist rhetoric without consequences.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: On Tuesday, during <a href="https://in.benzinga.com/markets/equities/25/03/44133368/trumps-congressional-address-taps-elon-musk-for-government-overhaul-revives-drill-baby-drill-for-energy-boom">his Congressional address</a>, President Donald Trump pledged to cut off federal funding to educational institutions that permit what he describes as unlawful protests.
&#8220;Agitators will be imprisoned/or permanently sent back to the country from which they came. American students will be permanently expelled or .. arrested,&#8221; he stated at the time.
Hamas is officially classified as a foreign terrorist organization by the U.S. government.
Last month, Israel announced <a href="https://in.benzinga.com/news/25/02/43780545/israel-to-begin-negotiations-with-hamas-for-permanent-cease-fire-release-of-remaining-hostages">plans to enter negotiations</a> with Hamas to secure a lasting ceasefire in Gaza and facilitate the release of remaining Israeli hostages.
Photo Courtesy: Maxim Elramsisy on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/25/03/44160018/apple-co-founder-steve-wozniak-blasts-doges-mass-firings-says-musk-led-cuts-are-like-using-a-sledgehammer-instead-of-a-scalpel">Apple Co-Founder Steve Wozniak Blasts DOGE&#8217;s Mass Firings, Says Musk-Led Cuts Are Like Using A Sledgehammer Instead Of A Scalpel</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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Marco Rubio Is Harnessing The Power Of AI To Cancel Visas Of Foreign Students With 'Pro-Hamas' Views: 'Catch And Revoke'

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Tempus AI Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) and GitLab Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>). These trades reflect Ark&#8217;s strategic positioning in the tech and AI sectors, following recent earnings reports from both companies.
The Tempus AI Trade
Ark Invest&#8217;s ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) acquired 225,833 shares of Tempus AI, while ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) purchased 44,969 shares. The transactions were valued at $13.23 million. For the day, Tempus AI shares ended 7.9% lower at $48.86. 
These trades come after Tempus AI&#8217;s recent quarterly earnings report, which showed a revenue miss but an earnings-per-share beat. The company reported fourth-quarter revenue of $200.68 million, falling short of the $203.12 million estimate. However, its adjusted loss of 18 cents per share was better than the anticipated 20-cent loss. 
Despite the mixed results, Tempus AI provided strong guidance. Analysts have <a href="https://in.benzinga.com/insights/analyst-ratings/25/02/43936345/the-analyst-verdict-tempus-ai-in-the-eyes-of-7-experts">varied opinions</a> on Tempus AI, with some expressing bullish sentiments while others remaining cautious.
The GitLab Trade
On the same day, Ark Invest&#8217;s ARKK and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) collectively purchased 86,906 shares of GitLab. This trade was valued at $5.06 million based on Thursday&#8217;s closing price of $58.25.
This move follows GitLab&#8217;s <a href="https://www.benzinga.com/news/earnings/25/03/44095065/gitlab-shares-rise-after-better-than-expected-q4-report-details">impressive fourth-quarter earnings report</a>, which exceeded expectations. GitLab reported earnings of 33 cents per share, surpassing the consensus estimate of 23 cents. Additionally, its revenue of $211.43 million beat the expected $206.12 million.
Other Key Trades:
<ul>
<li>Purchased Ibotta Inc. (IBTA) stock through ARKK and ARKF</li>
<li>Purchased Recursion Pharmaceuticals Inc. (RXRX) shares through ARKG.</li>
<li>Sold shares of Uipath Inc. (PATH) via ARKK and Draftkings Inc. (DKNG) through ARKW.</li>
<li>ARKG sold Repare Therapeutics Inc. (RPTX) and Exact Sciences Corp. (EXAS) stock </li>
</ul>
Image via Shutterstock
Read Next: 
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<li><a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Trump Creates Strategic Bitcoin Reserve Funded By Forfeited Assets: &#8216;I Made The Promise&#8217; — BTC Dips 4%</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Cathie Wood Smelling AI Opportunity? Ark Invest Buys Tempus AI Dip, Scoops Up Over $13 M Worth Of Stock

SpaceX marked a significant advancement in rocket reusability on Mar. 7 when the launch tower successfully caught its Super Heavy booster during <a href="https://www.benzinga.com/general/space/25/03/44158838/elon-musks-spacex-starships-next-test-flight-further-postponed-to-thursday">Starship&#8217;s eighth test flight</a>, though the mission ended with the loss of the Starship upper stage.
What Happened: The mission launched from Starbase in Texas after overcoming technical delays that had scrubbed an earlier Mar. 3 attempt. The flight featured several critical tests, including deploying four Starlink satellite simulators and reentry experiments designed to advance the Starship system&#8217;s capabilities.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Mechazilla has caught the Super Heavy booster! <a href="https://t.co/JFeJSdnQ5x">pic.twitter.com/JFeJSdnQ5x</a>
&mdash; SpaceX (@SpaceX) <a href="https://twitter.com/SpaceX/status/1897794546781532408?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
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In a historic first, the Super Heavy booster executed a precision boost back burn and was captured by &#8220;Mechazilla,&#8221; the company&#8217;s innovative launch tower equipped with giant mechanical arms. This catch represents a crucial milestone in SpaceX&#8217;s quest for full rocket reusability, a cornerstone of CEO Elon Musk&#8216;s <a href="https://www.benzinga.com/news/24/06/39226248/elon-musk-outlines-future-starship-goals-after-successful-fourth-flight-test">vision for reducing space access costs</a>.
Musk also promoted the Starship launch attempt on X. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Starship launch attempt now!<a href="https://twitter.com/SpaceX?ref_src=twsrc%5Etfw">@SpaceX</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1897791914226688504?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
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&#8220;Mechazilla has caught Super Heavy booster,&#8221; SpaceX confirmed on X, showcasing the technology that has been in development since the arms were installed in 2021.
See Also: <a href="https://www.benzinga.com/general/space/25/03/44159724/jeff-bezos-brings-amazons-hard-charging-culture-50-hour-workweek-to-blue-origin-ceo-says-growth-led-to-more-bureaucracy-less-focus">Jeff Bezos Brings Amazon&#8217;s Hard-Charging Culture, 50-Hour Workweek To Blue Origin: CEO Says Growth Led To &#8216;More Bureaucracy&#8230;Less Focus&#8217;</a>
Why It Matters: While the booster capture proved successful, the Starship upper stage encountered problems similar to those experienced during Flight 7. After restarting a single Raptor engine in space—a critical capability for future lunar and Mars missions—SpaceX lost contact with the vehicle, which subsequently crashed.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">During Starship&#39;s ascent burn, the vehicle experienced a rapid unscheduled disassembly and contact was lost. Our team immediately began coordination with safety officials to implement pre-planned contingency responses. We will review the data from today&#39;s flight test to better…
&mdash; SpaceX (@SpaceX) <a href="https://twitter.com/SpaceX/status/1897803612098900131?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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Read Next:
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<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</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.

SPACE

Elon Musk's SpaceX Successfully Catches Super Heavy Booster With 'Mechazilla,' But Starship Upper Stage Lost In Test Flight

Billionaire investor Ray Dalio doesn't do baseless fearmongering. When he speaks, people listen—because he's spent decades successfully predicting economic shifts, financial crises, <a href="https://www.benzinga.com/general/market-summary/25/02/43969651/billionaire-ray-dalio-says-ai-risks-totalitarian-control-or-anarchy-as-it-could-reshape-world-in-next-5-years-here-is-a-list-of-ai-linked-etfs-for-investors-to-consider">and global power shifts</a>. And his latest warning? The U.S. may have crossed a line where political and social conflicts are no longer solvable through discussion.
"We are probably past the point of being able to resolve that by compromise and empathy and all of that," Dalio said during his appearance on <a href="https://youtu.be/0j1gcGD5DrA?si=dJGMa8bNax0Xfm3j">Tucker Carlson's show last month</a>.
Don't Miss:
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<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
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This isn't just a passing comment. Dalio is saying that the nation's internal divisions are now so severe that traditional resolutions—like bipartisan cooperation and civil discourse—are no longer viable. His words paint a bleak picture of a country that may be on an irreversible path toward deeper turmoil.
<h2 class="wp-block-heading">Dalio's Track Record: Why His Warnings Matter</h2>
Dalio isn't some doomsday prophet making wild predictions. He's the founder of Bridgewater Associates, the world's largest hedge fund, which has managed over $170 billion in assets. He called the 2008 financial crisis before it happened and has been studying economic cycles for decades. His <a href="https://www.benzinga.com/news/25/02/43901059/ray-dalios-holy-grail-investment-strategy-why-10-15-diversified-investments-could-make-you-a-fortune">expertise isn't just in markets</a>—it's in understanding global systems, historical trends, and human behavior.
So when he says the U.S. is facing a crisis beyond repair, it's not a random hot take. It's based on patterns he's seen throughout history—and he believes the warning signs are flashing bright red.
Trending: The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a>
<h2 class="wp-block-heading">A ‘Civil War' of Values and Wealth</h2>
Carlson pressed Dalio to elaborate on his claim that the U.S. is in a civil war, noting that "most Americans don't perceive that." Dalio clarified that while it's not a traditional civil war, it is a "type of civil war" driven by "irreconcilable differences."
"What I mean is that there are irreconcilable differences that each side is willing to fight for in order to get the outcomes that they want," he explained.
The division, in his view, isn't just about politics. It's a combination of economic disparity, clashing values, and growing distrust in institutions.
<ul>
<li>The wealth gap is exploding. The rich are getting richer, while 60% of Americans struggle with below a sixth-grade reading level—making it even harder for them to adapt to a rapidly changing job market.</li>
</ul>
<ul>
<li>Political polarization is at historic levels. Dalio cited data showing that the gap between conservative and liberal votes in Congress is the largest since 1900 and that the number of votes crossing party lines is the lowest in over a century.</li>
<li>People no longer trust the system. "Does the legal system stand in the way of that fight? Or is there going to be a fight that will make the cause more important than anything?" Dalio asked.</li>
</ul>
His conclusion? The U.S. is no longer functioning as a unified nation.
Trending: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?
<h2 class="wp-block-heading">A Nation on the Brink of Fragmentation</h2>
Dalio doesn't believe this division will magically heal itself. Instead, he predicts that the U.S. will break apart even further.
"I think we're going to more fragmentation," he said, suggesting that different states will become increasingly isolated from one another, operating <a href="https://www.benzinga.com/markets/25/02/43756938/ray-dalio-warns-of-looming-us-debt-crisis-says-america-faces-economic-heart-attack-without-fiscal-cuts">under vastly different rules</a> and priorities.
This isn't just speculation. He said we're already seeing it play out:
<ul>
<li>Sanctuary city policies have created deep rifts between federal and state governments over immigration enforcement.</li>
<li>States like California and Texas are essentially operating as their own economic powerhouses with drastically different approaches to governance.</li>
<li>Legal battles over Supreme Court decisions continue to erode public confidence in the justice system.</li>
</ul>
Dalio argues that historically, these types of divisions do not end peacefully. He points out that conflict—whether social, political, or even violent—is the usual outcome when societies reach this level of polarization.
See Also: <a href="https://www.benzinga.com/money/suze-orman-retirement-bucket">&#8216;Which Bucket Do I Draw From First?&#8217; Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts</a>
<h2 class="wp-block-heading">Can Anything Stop This?</h2>
When Carlson pressed Dalio on potential solutions, he didn't offer much optimism.
"The only thing that can be done is to have the fear of that create a necessity for having another path," he said.
In other words, unless Americans truly grasp how bad things could get, they won't be motivated to fix it. The problem? He doesn't believe that's happening fast enough.
Dalio compared today's crisis to past historical cycles where nations ignored warning signs until it was too late. He doesn't see any serious efforts to bridge the divide—and that's what worries him most.
<h2 class="wp-block-heading">Final Thoughts: A Warning We Can't Ignore</h2>
Dalio has built his career on spotting trends before they become crises. His latest warning isn't just about politics—it's about the fundamental breakdown of cooperation, economic stability, and national unity.
If he's right, the U.S. isn't just in a rough patch. It may be on an irreversible course toward fragmentation and conflict.
Read Next:
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<li><a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a></li>
<li><a href="https://www.benzinga.com/money/millionaires-never-earned-six-figures-according-to-dave-ramsey">69% of Millionaires Never Earned A Six-Figure Salary – Here Are 2 Things They Do To Get Their First $1 Million, According To Dave Ramsey</a></li>
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Personal Finance

'Probably Past the Point of Compromise and Empathy' — Billionaire Investor Ray Dalio Tells Tucker Carlson We're Already In A 'Civil War'

White House-appointed ‘AI and Crypto Czar' David Sacks revealed that President Donald Trump signed an Executive Order to establish a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve on Thursday, a move that will not cost taxpayers.
What Happened: In an X post, Sacks stated that the reserve will be funded with Bitcoin owned by the federal government, obtained through criminal or civil asset forfeiture proceedings. &#8220;This means it will not cost taxpayers a dime,&#8221; he added. The U.S. government is estimated to own about 200,000 bitcoin, but a complete audit has never been conducted. The Executive Order directs a full accounting of the government&#8217;s digital asset holdings. The reserve is worth approximately $17 billion at prevailing price for the apex cryptocurrency. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…
&mdash; David Sacks (@davidsacks47) <a href="https://twitter.com/davidsacks47/status/1897802280738734236?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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According to Sacks, the U.S. will not sell any Bitcoin deposited into the Reserve, instead keeping it as a store of value. He likened the Reserve to a &#8220;digital Fort Knox&#8221; for the cryptocurrency often referred to as &#8220;digital gold.&#8221;
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44159088/microsoft-might-have-given-bitcoin-investments-a-miss-for-now-but-one-of-its-largest-investors-has-been-an-avid-advocate-of-cryptos-blockchains">Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate</a>
&#8220;The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers,&#8221; Sacks mentioned.
Additionally, the Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than Bitcoin that were forfeited in criminal or civil proceedings.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> signs an Executive Order to declassify the JFK, RFK, and MLK Jr. files! <a href="https://t.co/BHHdjMLrl0">pic.twitter.com/BHHdjMLrl0</a>
&mdash; Margo Martin (@MargoMartin47) <a href="https://twitter.com/MargoMartin47/status/1882528183981146394?ref_src=twsrc%5Etfw">January 23, 2025</a></blockquote>
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&#8220;Very good. I made the promise, right,&#8221; Trump said in a video released by Margo Martin, special assistant to the president.
Price Action: At the time of writing, Bitcoin was exchanging hands at $86,652.93, down 3.84% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Image via Shutterstock
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<li><a href="https://www.benzinga.com/25/03/44157760/peter-schiff-predicts-a-bitcoin-strategic-reserve-will-accelerate-dollars-demise-the-ultimate-winner-will-be-gold">Peter Schiff Predicts A Bitcoin Strategic Reserve Will &#8216;Accelerate&#8217; Dollar&#8217;s Demise: &#8216;Ultimate Winner Will Be Gold&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/aniket-verma" target="_blank" rel="noreferrer noopener">Aniket Verma</a>

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Trump Creates Strategic Bitcoin Reserve Funded By Forfeited Assets: 'I Made The Promise' — BTC Dips 4%

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On Thursday, Sen. Elizabeth Warren (D-Mass.) called out five tech giants, alleging they could gain $75 billion in tax benefits due to their close ties with the Trump administration.
What Happened: In a post on X, Warren pointed out that Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) could benefit significantly from tax cuts proposed by the Trump administration. She urged for transparency in the lobbying efforts of these companies and their potential impact on executive compensation.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tesla, Amazon, Meta, Apple, and Alphabet could rake in $75 billion of tax giveaways after cozying up to the Trump administration. Let's find out how much they spent lobbying for this potential windfall. And let's find out how it could affect their executive compensation. <a href="https://t.co/uJFgkTsLUt">https://t.co/uJFgkTsLUt</a>
&mdash; Elizabeth Warren (@ewarren) <a href="https://twitter.com/ewarren/status/1897800449564328269?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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</figure>
Warren is pressing the CEOs of major tech firms on their lobbying efforts to restore an immediate R&amp;D tax deduction, which could be worth $75 billion retroactively. She wants details on their spending, political donations, and plans for the funds, with a response due by March 19, according to Semafor. Warren shared her letters to the likes of Elon Musk, Mark Zuckerberg, and Jeff Bezos with the publication.
See Also: <a href="https://www.benzinga.com/news/25/03/44156631/elon-musks-doge-team-has-door-slammed-on-it-at-africa-aid-agency-amid-raging-turf-war">Elon Musk&#8217;s DOGE Team Has Door Slammed On It At Africa Aid Agency Amid Raging Turf War</a>
Why It Matters: This comes in the wake of Trump&#8217;s proposed tax plan, which could reduce federal revenue by $5 trillion to $11.2 trillion over the next decade, according to estimates from the Committee for a Responsible Federal Budget. Critics warn that this could lead to <a href="https://www.benzinga.com/personal-finance/25/02/44063509/trumps-5-trillion-to-11-trillion-tax-plan-a-boost-for-growth-or-a-path-to-unprecedented-debt">severe fiscal consequences</a>, particularly in regard to rising national debt.
The Trump administration&#8217;s tax reduction plans have been <a href="https://www.benzinga.com/25/02/43774882/donald-trumps-tax-cut-could-add-46-trillion-to-deficit-says-robert-reich-emphasizing-48-billion-relief-for-top-100-us-firms-via-corporate-tax-cuts">criticized as a &#8220;shameless giveaway&#8221; </a>that could increase the deficit by $4.6 trillion. The potential tax cuts for wealthy individuals and lower corporate tax rates are likely to widen the U.S. trade deficit. The top 100 firms in the U.S. could see a tax relief of $48 billion, as per former U.S. Secretary of Labor Robert Reich.
Image via Shutterstock
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Elizabeth Warren Wants To Know From Elon Musk, Mark Zuckerberg And Jeff Bezos How Much They Spent Lobbying For 'Potential Windfall' — Accuses Tech Giants Of 'Cozying Up' Up To Trump Administration

Wall Street is anticipating a pivotal jobs report from the Bureau of Labor and Statistics set to be released Friday morning. Here's a look at what to <a href="https://www.benzinga.com/news/econ-s/25/03/44140282/private-employment-rises-by-77000-in-february-well-below-144000-forecast-hiring-hesitancy-among-employers">watch in the report. </a>
What To Watch: The BLS will release its Employment Situation report on nonfarm payrolls and unemployment rate on Friday at 8:30 a.m. 
Economists expect the report to show the U.S. economy added 160,000 jobs in February and the unemployment rate to hold steady at 4%, per Trading Economics. 
Government employment has been trending upward, with an average monthly gain of 38,000 in 2024 and 32,000 government<a href="https://www.bls.gov/news.release/empsit.nr0.htm"> jobs added</a> in January 2025. Wall Street will be watching to see if any DOGE-related cuts are detectable in the February report.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/econ-s/25/03/44143666/us-services-sector-unexpectedly-expands-in-february-despite-slowing-job-growth">US Services Sector Unexpectedly Expands In February Despite Slowing Job Growth</a>&nbsp;
Government spending cuts and tariffs are expected to weigh on the job market in the months ahead. Comerica Economics estimates that DOGE cuts will be a 250,000 to 500,000 cumulative headwind to employment in the next six months, split between private employers who service the government and the public sector.&nbsp;
What Else: The ADP National Employment Report released Wednesday <a href="https://www.benzinga.com/news/econ-s/25/03/44140282/private-employment-rises-by-77000-in-february-well-below-144000-forecast-hiring-hesitancy-among-employers">showed</a> a significant slowdown in hiring with private employers creating 77,000 new jobs in February, the smallest number in seven months and well below forecasts of 140,000.
Bill Adams, chief economist for Comerica Bank, pointed to job cuts in trade, transportation and utilities as evidence of drag resulting from tariff fears.&nbsp;
Comerica forecasts Friday's jobs report to show employment up 150,000 with the unemployment rate rising to 4.1% from 4.0% in January.&nbsp;
"After the ADP report, risks to Comerica's forecast are to the downside," Adams said.&nbsp;
Markets Await: All three major averages ended Thursday's session lower as tariffs and geopolitical concerns weighed on investor sentiment.&nbsp;
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), tracking the S&amp;P 500, closed down 1.78% at $572.71 and the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), tracking the Nasdaq 100 index, ended the day 2.75% lower at $488.20 on Thursday.  
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</ul>
Image generated using artificial intelligence via Dall-E 3.

Previews

Econ #s

Economics

Pivotal Jobs Report Due Friday After Private Payrolls Show 'Hiring Hesitancy'

An approval rating for President Donald Trump remains unchanged in the latest Emerson College poll, while predictions of a world war increase after a recent tense meeting between the president and Ukraine President Volodymyr Zelenskyy happened<a href="https://www.benzinga.com/news/global/25/02/44053592/white-house-meeting-turns-tense-as-trump-warns-zelenskyy-youre-gambling-with-world-war-iii"> in the White House.</a>
What Happened: American<a href="https://www.benzinga.com/news/global/25/03/44101854/trump-reportedly-halts-ukraine-military-aid-pressures-zelenskyy-to-seek-peace-with-russia-amid-growing-rift"> funding support for Ukraine </a>in an ongoing war with Russia could divide American voters according to a new poll.
A March Emerson College <a href="https://emersoncollegepolling.com/march-2025-national-poll/">poll </a>of registered voters showed that Trump's job approval rating <a href="https://www.benzinga.com/25/02/43847433/trump-approval-rating-declines-in-february-unpopular-domestic-and-foreign-policy-ideas">remained unchanged </a>at 49% with his disapproval rating going up one percentage point to 43%.
One of the factors that could be hurting Trump's approval rating is his handling of the war between Russia and Ukraine. Of the voters polled, 44% disapprove of Trump's handling of the war between the two countries, with 41% approving and 15% neutral.
Approval of Trump's handling of the Russia-Ukraine war was split by party with 73% of Republicans approving, 76% of Democrats disapproving and 46% of Independents disapproving versus 35% approval.
Overall, 41% of voters said Trump's handling of foreign policy was poor, with 15% ranking his handling fair, 18% said good and 26% said excellent.
A tense meeting between Trump and Zelenskyy drew mixed reactions in the poll.
"Which country do you believe walked away the winner from the Oval Office meeting between Ukrainian President Zelenskyy and American President Trump?" the poll asked.
Overall, 46% of voters said neither the U.S. or Ukraine was the winner, with 35% saying the U.S. was the winner and 15% saying Ukraine was the winner. Four percent said both countries were equal winners.
One of the more telling results from the poll could have been a question about increased global wars.
"How likely do you think it is that a world war breaks out in the next four year?" the poll asked.
The poll found that 55% of voters think a world war is likely or somewhat likely in the next four years while 45% said it is not very likely or not at all likely.
The results for the question were mostly divided by age with the 18-29 age demographic having 70% saying it is very likely or somewhat likely. Of the age demographics, only the 60-69 and 70 and older had less than 50% of voters say a world war is not likely or somewhat likely in the next four years.
Read Also: <a href="https://www.benzinga.com/25/03/44064917/trump-says-ukraines-zelensky-is-not-ready-for-peace-after-oval-office-spat-he-disrespected-the-united-states-of-america">Trump Says Ukraine&#8217;s Zelensky Is &#8216;Not Ready For Peace&#8217; After Oval Office Spat: &#8216;He Disrespected The United States Of America&#8217;</a>
Why It's Important: The poll shows voters are fairly divided on how Trump is handling the war between Ukraine and Russia with some worry that a world war could break out.
The poll found that 55% of voters think Ukraine will likely have to give up some land to Russia. Seventeen percent believe Ukraine will become part of Russia.
A positive for Trump from the poll is 45% of voters saying the U.S. has given too much aid to Ukraine, while only 22% believe the U.S. has given too little aid to Ukraine. The remaining 33% said it was the right amount given.
While Trump has painted Zelenskyy in a negative fashion, the poll found that he has high favorable ratings among U.S. voters. Zelenskyy has a 45% favorable rating from U.S. voters compared to a 12% favorable rating for Russian President Vladimir Putin.
Among voters, 66% of Democrats view Zelenskyy favorably, followed by 42% of Independents and 28% of Republicans.
While the current negotiations between Ukraine, Russia and the U.S. will be a big foreign policy issue for Trump, voters said the top issues remain the economy, threats to democracy, immigration and health care.
Read Next: 
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</ul>
Photo: Shutterstock

Global

Trump's Approval Rating 48%, Voters Disapprove Handling Of Russia-Ukraine War: 55% Think World War To Happen

Warren Buffett has built a legacy on smart investing, sharp wit, and, apparently, relationship advice that's as practical as his portfolio strategy.&nbsp;
His secret to a long-lasting marriage? "If you want a marriage to last, look for someone with low expectations." Buffett dropped this gem back in 2015 at <a href="https://youtu.be/kqI29Jv-uH0?si=jE74fRBlDx3s4Z9C">Fortune's Most Powerful Women Summit</a>, and while it might sound like classic Buffett humor, there's a deeper philosophy behind it.
At first glance, it's a self-deprecating joke. But if you look at how Buffett approaches both relationships and investing, you'll see a pattern: managing expectations, minimizing risk, and playing the long game.
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</ul>
<h2 class="wp-block-heading">A Lifetime of Partnership</h2>
Buffett's life has been shaped by two women—Susan Buffett and Astrid Menks—<a href="https://www.benzinga.com/24/12/42364120/warren-buffett-was-married-to-one-woman-lived-with-another-and-sent-christmas-cards-signed-by-all-3-daughter-says-not-a-bad-thing">who each played vital roles in different chapters</a> of his journey. He was married to Susan for over 50 years until her passing in 2004, and in 2006, he married Astrid, whom Susan had introduced to him years earlier. Between the two, Buffett has spent 71 years in marriage.
He has been open about how profoundly Susan influenced him. In the 2017 HBO documentary "Becoming Warren Buffett," he credited her as the driving force behind his personal and professional growth, saying, "What happened with me would not have happened without her." She encouraged his philanthropy, helped shape his public image, and supported him through his rise to becoming one of the most successful investors in history.
And yet, life doesn't always go as planned. While Buffett and Susan lived apart for decades before her passing, their bond remained strong. It was Susan who introduced him to her friend Astrid — the woman who would later become his wife. Buffett acknowledged the significance of both women in his life in "The Snowball: Warren Buffett and the Business of Life," saying, "Susie put me together, and Astrid keeps me together."
Trending: <a href="https://www.benzinga.com/money/millionaires-never-earned-six-figures-according-to-dave-ramsey">69% of Millionaires Never Earned A Six-Figure Salary – Here Are 2 Things They Do To Get Their First $1 Million, According To Dave Ramsey</a>
There's a lesson in that as well. Expectations shift. Circumstances change. Relationships evolve. What matters is choosing partners who bring out the best in you—who support, understand, and sustain you through life's twists and turns.
<h2 class="wp-block-heading">What Buffett Meant By Low Expectations</h2>
Buffett has spoken multiple times about how marriage is the most important decision a person can make. "You want to associate with people who are the kind of person you'd like to be," he said in a <a href="https://www.gatesnotes.com/a-conversation-with-warren-buffett">2017 conversation with Bill Gates</a>. "And the most important person by far in that respect is your spouse." In other words, Buffett sees marriage the way he sees business partnerships—choose wisely, because it will shape everything else in your life.
The "low expectations" part? That's Buffett's way of acknowledging that unrealistic standards can doom both marriages and investments. The key isn't to settle—it's to understand that perfection doesn't exist, whether you're picking a spouse or a stock.
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>&nbsp;
<h2 class="wp-block-heading">Applying Buffett's Marriage Advice to Investing</h2>
Buffett's investment strategy mirrors his relationship philosophy in several ways:
<ul>
<li>Margin of Safety: In investing, Buffett buys stocks at a price lower than their intrinsic value to create a buffer against potential losses. In marriage, keeping expectations reasonable prevents disappointment and encourages appreciation.</li>
</ul>
<ul>
<li>Long-Term Perspective: Buffett likens wealth accumulation to rolling a snowball down a long hill, requiring patience and time. The same goes for relationships—longevity comes from consistent effort, not instant gratification.</li>
<li>Value Over Hype: Buffett doesn't chase trendy stocks; he invests in businesses with strong fundamentals. In relationships, this translates to choosing a partner based on character and compatibility rather than fleeting attraction or societal pressure.</li>
</ul>
<h2 class="wp-block-heading">Why This Approach Works</h2>
Buffett's philosophy of keeping expectations in check has helped him navigate market fluctuations and build a multi-billion-dollar empire. The same principle applies to relationships: success comes from setting realistic expectations, adapting over time, and <a href="https://www.benzinga.com/money/are-you-rich">focusing on long-term value</a> rather than short-term gains.
So whether you're picking a stock or a spouse, Buffett's advice is the same: don't expect perfection—just choose wisely, think long-term, and appreciate the real value in front of you.
Read Next:
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<li>How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.</li>
<li><a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a></li>
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Warren Buffett Spent 71 Years of His Life Married — And Says The Secret to a Long-Lasting Marriage Is Finding 'Someone With Low Expectations'

Weight loss drugs have taken the world by storm and saw strong demand for the<a href="https://www.benzinga.com/25/03/44143391/novo-nordisk-boosts-wegovy-access-with-lower-pricing-and-home-delivery"> companies selling them.</a>
A new study shows that despite the increase usage of weight loss drugs, obesity is still on the rise and could hit staggering numbers in the next 25 years.
What Happened: The public support of weight loss drugs by celebrities and the<a href="https://www.benzinga.com/trading-ideas/24/12/42692809/musk-tests-mounjaro-ozempic-wegovy-which-weight-loss-drug-won-him-over"> likes of billionaires</a> like Elon Musk may have contributed to their rising use in the U.S. and worldwide.
A new study from 204 countries shows global obesity rates are climbing even with increased attention for weight loss drugs.
The study, which was funded by the Gates Foundation, found there might not be enough being done to tackle global obesity.
"The unprecedented global epidemic of overweight and obesity is a profound tragedy and a monumental social failure," research author Professor Emmanuela Gakidou from the Institute for Health Metrics and Evaluation at the University of Washington said, as reported by Reuters.
The study found that if current trends continue, more than half of global adults will be obese and around one-third of children will be obese by the year 2050. This represents totals of more than 3.8 billion adults and 746 million children according to the research.
The new research comes as obesity and overweight rates have more than doubled in the past 30 years.
Obesity can put people more at risk for diabetes, cancer and heart disease.
Read Also:<a href="https://www.benzinga.com/general/health-care/25/03/44170605/teladoc-health-partners-with-eli-liilys-lillydirect-to-expand-access-to-zepbound-for-weight-loss"> Teladoc Health Partners With Eli Liily&#8217;s LillyDirect to Expand Access to Zepbound For Weight Loss</a>
Why It's Important: The results of the study will likely need to be taken with some potential irregularities as the study did not take into account the rising demand for weight loss drugs in countries that have them readily available. The study also used body mass index as a key indicator for obesity.
Among the most impacted regions and areas that could see the fastest growth of obesity are developing countries, especially in Africa, where weight loss drugs may not be available.
In September 2024, <a href="https://www.cbsnews.com/news/obesity-rate-us-adults-cdc-data-map/">data </a>from the Centers for Disease Control and Prevention suggested the U.S.'s obesity rating was no longer growing, with around 40% of adults considered obese. This marked the first time in more than 10 years the obesity rate had not gone up.
The CDC findings came as interest and demand for weight loss drugs and diabetes drugs surged.
Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) with Wegovy and Ozempic and Eli Lilly and Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) with Mounjaro and Zepbound were among the companies benefitting from weight loss drug treatments and both stocks soared.
Studies of U.S. versus global populations could show how the availability of weight loss drug treatments is changing the statistics of current and future predictions on obesity.
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<li><a href="https://www.benzinga.com/general/biotech/24/09/41036415/eli-lilly-stock-soars-in-2024-on-weight-loss-drug-success-now-the-company-wants-medical-records-o">Eli Lilly Stock Soars In 2024 On Weight Loss Drug Success, Now The Company Wants Medical Records Of Copycat Treatments</a></li>
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Photo: Shutterstock

Weight Loss Drugs Soar While Global Obesity Rates Climb, To Hit 50% Of Adults By 2050 Says New Report

Acuity Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) has outperformed the market over the past 20 years by 3.94% on an annualized basis producing an average annual return of 12.06%. Currently, Acuity Brands has a market capitalization of $8.68 billion. 
Buying $100 In AYI: If an investor had bought $100 of AYI stock 20 years ago, it would be worth $970.78 today based on a price of $280.36 for AYI at the time of writing.
<h3>Acuity Brands's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741304711_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In Acuity Brands 20 Years Ago Would Be Worth This Much Today

<a href="https://www.benzinga.com/personal-finance/25/02/43885487/billionaire-mark-cuban-said-the-first-step-to-getting-rich-is-giving-things-up-drink-water-eat-mac-and-cheese-and-save-every-penny">Billionaire Mark Cuban</a> isn't just talking about taxes—he's paying them. Last year, he wired $275.9 million to the IRS, and he's not complaining about it.&nbsp;
Last week, when someone on <a href="https://bsky.app/profile/mcuban.bsky.social/post/3ljbuhz3jz22u">BlueSky</a> asked, "Can't we just TAX billionaires a little bit MORE instead of firing the people controlling our nuclear weapons and fighting pandemics?" Cuban had a simple answer: "Yes."
That's it. No hedging, no dodging. Just a straightforward agreement that, instead of gutting government jobs, maybe billionaires should be taxed a little more. And considering his tax bill was larger than what thousands of Americans combined will earn in their entire lifetimes, he's not just talking—he's putting his money where his mouth is.
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</ul>
<h2 class="wp-block-heading">Cuban's Take: Billionaires Can Afford It</h2>
Cuban made it clear last year that he has no issue paying what he owes.
"I pay what I owe. This country has done so much for me, I'm proud to pay my taxes every single year," <a href="https://x.com/mcuban/status/1779905354601484638">he wrote on X</a> back in April.
And he didn't just say it—he backed it up. The $275.9 million he paid was mostly from long-term capital gains, likely tied to his <a href="https://www.benzinga.com/startups/24/08/40463542/mark-cuban-sold-his-nba-team-because-the-next-wave-of-revenue-generation-is-around-real-estate-and-a">$3.5 billion sale of the NBA's Dallas Mavericks</a>. But rather than using that as an excuse to advocate for tax cuts or loopholes, Cuban sees it as part of the deal.
"We only get to be entrepreneurs and enjoy the freedoms we have because of the men and women who dedicate their lives to protecting our country. They deserve every penny they get, and my taxes go to support them," he <a href="https://www.cnbc.com/2024/04/15/how-much-mark-cuban-pays-in-taxes.html">told CNBC</a>.
Trending: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
<h2 class="wp-block-heading">Government Layoffs Instead of Tax Hikes</h2>
Cuban's BlueSky post came in response to widespread government job cuts happening under the Trump administration's Department of Government Efficiency—an initiative linked to Elon Musk. DOGE has been aggressively slashing federal jobs, with estimates suggesting up to 700,000 positions could be eliminated.
The reasoning? Budget cuts. The result? Government agencies are scrambling to operate with fewer employees, even in crucial areas like public safety and health.
<h2 class="wp-block-heading">Buffett's Billion-Dollar Perspective</h2>
Cuban isn't alone in this thinking. Warren Buffett has been saying for years that billionaires and corporations should be paying more. His company, Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>, BRK.B)), paid a <a href="https://www.benzinga.com/news/25/02/44049686/warren-buffetts-subtle-message-to-trump-spend-it-wisely-after-berkshires-record-26-8-billion-tax-payment">record $26.8 billion in taxes</a>—the largest corporate tax bill in U.S. history.
See Also: <a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a>
Buffett even suggested at the 2024 Berkshire Hathaway Annual Meeting that if just 800 other companies paid the same amount in federal taxes, the entire country's tax burden would disappear:
"No other person in the United States would have had to <a href="https://www.benzinga.com/personal-finance/25/02/43975331/warren-buffett-paid-5-billion-in-taxes-and-says-if-800-other-companies-paid-their-share-no-one-else-would-have-to-pay-a-dime">pay a dime of federal taxes</a>—no income taxes, no Social Security taxes, no estate taxes."
<h2 class="wp-block-heading">Who Should Shoulder the Burden?</h2>
Cuban isn't saying billionaires should be taxed into oblivion. He's just saying there's a better way to balance the budget than firing thousands of workers. He's leading by example—paying his fair share without complaints and openly advocating for a tax system that makes sense.
With Buffett echoing similar sentiments, the question isn't whether billionaires can afford it—it's whether lawmakers will actually make them.
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Mark Cuban Was 'Proud' To Pay His $275.9M Tax Bill Last Year — And Says 'Yes' To Taxing Billionaires More Instead Of Slashing Jobs

Barrington Research analyst Alexander Paris maintains SuRo Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSSS#NASDAQ">SSSS</a>) with a Outperform and maintains $8 price target.

Price Target

Analyst Ratings

SSSS

Barrington Research Maintains Outperform on SuRo Capital, Maintains $8 Price Target

Barrington Research analyst Vincent Colicchio maintains Climb Global Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMB#NASDAQ">CLMB</a>) with a Outperform and maintains $136 price target.

CLMB

Barrington Research Maintains Outperform on Climb Global Solutions, Maintains $136 Price Target

Wells Fargo analyst Eva Fortea Verdejo maintains ITeos Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ITOS#NASDAQ">ITOS</a>) with a Overweight and lowers the price target from $19 to $17.

ITOS

Wells Fargo Maintains Overweight on ITeos Therapeutics, Lowers Price Target to $17

UBS analyst Trung Huynh maintains Insmed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSM#NASDAQ">INSM</a>) with a Buy and raises the price target from $105 to $110.

INSM

UBS Maintains Buy on Insmed, Raises Price Target to $110

UBS analyst Roger Boyd maintains Zscaler (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) with a Buy and raises the price target from $250 to $260.

UBS Maintains Buy on Zscaler, Raises Price Target to $260

Walgreens Boots Alliance Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) shares are trading higher in Thursday&#8217;s after-hours session after the company announced a deal to be <a href="https://in.benzinga.com/general/market-summary/25/03/44102644/walgreens-could-go-private-this-week-after-a-10-billion-deal-with-sycamore-partners-report">acquired by Sycamore Partners</a>.
What Happened: After the market close on Thursday, Walgreens announced it entered into a definitive agreement to be taken private by an entity affiliated with Sycamore Partners for $10 billion.
Walgreens shareholders will receive $11.45 per share in cash at closing. Shareholders are also eligible to receive up to $3 in cash per share from the future monetization of Walgreens&#8217; debt and equity interests in VillageMD, which includes the Village Medical, Summit Health and CityMD businesses.
&#8220;While we are making progress against our ambitious turnaround strategy, meaningful value creation will take time, focus and change that is better managed as a private company. Sycamore will provide us with the expertise and experience of a partner with a strong track record of successful retail turnarounds,&#8221; said Tim Wentworth, CEO of Walgreens.
&#8220;The WBA Board considered all these factors in evaluating this transaction, and we believe this agreement provides shareholders premium cash value, with the ability to benefit from additional value creation going forward from monetization of the VillageMD businesses.&#8221;
See Also: <a href="https://www.benzinga.com/news/earnings/25/03/44181200/broadcom-stock-surges-on-q1-earnings-beat-revenue-beat-strong-guidance-we-expect-continued-strength-in-ai-semiconductor-revenue">Broadcom Stock Surges On Q1 Earnings Beat, Revenue Beat, Strong Guidance: &#8216;We Expect Continued Strength In AI Semiconductor Revenue&#8217;</a>
Walgreens&#8217; board unanimously approved the proposed transaction, which is expected to close in the fourth quarter of 2025. Upon completion of the transaction, Walgreens will become a private company and the company&#8217;s common stock will be delisted from the Nasdaq.
Walgreens noted it will release its <a href="https://www.benzinga.com/calendars/earnings">second-quarter financial results</a> on April 8. Analysts currently expect the company to report earnings of 52 cents per share and revenue of $38.04 billion, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
WBA Price Action: <a href="http://benzinga.com/quote/wba">Walgreens shares</a> were up 5.85% after hours, trading at $11.22 at the time of publication Thursday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Courtesy of Walgreens Boots Alliance.

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