In a podcast conversation that was made public Friday, U2 frontman Paul David Hewson, popularly known by the nickname Bono, told Joe Rogan that over 300,000 people have died globally <a href="https://www.benzinga.com/25/05/45345966/bill-gates-criticizes-elon-musk-over-usaid-cuts-demonizing-aid-workers-is-deeply-unfair-warns-against-undermining-global-health-efforts">due to severe cuts</a> to U.S. Agency for International Development (USAID) funding led by Elon Musk's Department of Government Efficiency (DOGE)—a claim the billionaire swiftly denied, calling Bono a "liar."



What Happened: During an appearance on The Joe Rogan Experience, Bono cited a report suggesting that more than 300,000 people, mostly children, have died from the abrupt funding freeze at USAID.



He said that the cuts resulted in food, water, and medical aid being stranded due to mass layoffs of key personnel.



"There's food rotting in boats, in warehouses—50,000 tons of it," Bono said. "The people who knew the codes, who were responsible for distributing that aid, were fired. That's not America, is it?"



See Also: <a href="https://www.benzinga.com/tech/25/05/45510245/elon-musk-was-once-a-microsoft-intern-now-his-company-is-bringing-grok-to-azure-incredibly-important-for-ai-to-be-grounded-in-reality-xai-ceo-tells-satya-nadella" target="_blank" rel="noreferrer noopener">Elon Musk Was Once A Microsoft Intern — Now His Company Is Bringing Grok To Azure</a>



The statistic comes from modeling done by Brooke Nichols, an infectious disease expert at Boston University.



Musk responded to Bono's comment on his social media platform, X, formerly Twitter, <a href="https://x.com/elonmusk/status/1928650871035891811">saying</a>, "He's such a liar/i&#x2A;&#x2A;&#x2A;&#x2A;," adding, "Zero people have died!"



Why It's Important: The USAID budget was slashed by over 80% earlier this year, following Trump's executive order authorizing DOGE to cut $1 trillion in federal spending, <a href="https://www.thetimes.com/us/american-politics/article/usaid-doge-deaths-children-cuts-7nb83dfkp">reported</a> The Times.



USAID's programs, which once supported food aid, clean water access, and HIV treatment in over 120 countries, have been largely dismantled or folded into the State Department.



At a congressional hearing last week, Rep. Brad Sherman (D-Calif.) pressed Secretary of State Marco Rubio on whether anyone had died due to the aid cuts, which Rubio called a lie, <a href="https://www.washingtonpost.com/politics/2025/05/28/rubio-aid-cuts-deaths-fact-checker/">reported</a> the Washington Post.



Rubio also called the question "unfair" and pointed to other countries&#8217; aid reductions.



Meanwhile, on Friday, Musk ended his contentious four-month stint as head of the DOGE.



Despite failing to deliver the anticipated savings, President Donald Trump presented him with a <a href="http://v/">golden key to the White House</a> in a symbolic gesture of appreciation.



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45396297/cathie-wood-dumps-palantir-as-stock-touches-peak-prices-bails-on-soaring-flying-taxi-maker-archer-aviation" target="_blank" rel="noreferrer noopener">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Politics

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

The past week has been a rollercoaster ride for the EV industry, with Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) making headlines. From Tesla&#8217;s Cybertrucks being added to the Mexican police fleet for the 2026 FIFA World Cup to Chinese regulators meeting with BYD to discuss &#8216;Zero Mile&#8217; used cars, there&#8217;s a lot to catch up on. Let&#8217;s dive in.



Tesla Cybertrucks Join Mexican Police Fleet For 2026 FIFA World Cup



Despite a dip in consumer demand, Tesla&#8217;s Cybertrucks have found a new customer &#8211; the Mexican police. The bulletproof durability of these vehicles makes them an attractive choice for law enforcement, especially with the 2026 FIFA World Cup on the horizon.



<a href="https://www.benzinga.com/general/sports/25/05/45634051/tesla-cybertruck-demand-slides-but-mexican-police-fleet-buying-for-2026-fifa-world-cup">Read the full article here.</a>



Chinese Regulators Discuss &#8216;Zero Mile&#8217; Used Cars with BYD



China&#8217;s commerce ministry regulators are set to meet with executives from several Chinese automakers, including EV giant BYD, to discuss the surge in zero-mile used car sales. These are cars that have been registered but never driven, and over 4000 vendors sell these cars domestically in China.



<a href="https://www.benzinga.com/markets/asia/25/05/45611701/chinese-regulators-will-meet-tesla-rival-byd-other-companies-to-discuss-zero-mile-used-cars-report">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/news/topics/25/05/45708861/trump-demands-automakers-including-tesla-build-entirely-in-the-us" target="_blank" rel="noreferrer noopener">Trump Demands Automakers, Including Tesla, Build Entirely In The US</a>



Tesla Board Members Sell Shares Ahead Of Robotaxi Launch



Two board members of Tesla have sold nearly $200 million in stock ahead of the company&#8217;s highly anticipated robotaxi launch in Texas. This adds to a history of board members cashing out and could be a red flag ahead of this key potential stock catalyst.



<a href="https://www.benzinga.com/news/insider-trades/25/05/45651670/tesla-insider-sales-increase-ahead-of-robotaxi-launch-kimbal-musk-ira-ehrenpreis-sell-190m">Read the full article here.</a>



Tesla&#8217;s European Sales Dip By 49%



Tesla&#8217;s sales in Europe fell by 49% YoY in April, as the company continues to face global challenges. The company sold 7,261 units in Europe for April, almost half of the 14,228 units it sold last year during the same time.



<a href="https://www.benzinga.com/markets/eurozone/25/05/45616006/teslas-european-woes-see-no-end-april-sales-crash-49-as-rivals-race-ahead-in-ev-market">Read the full article here.</a>



Major BYD Dealer Shuts Down Operations In China



As BYD expands into the European market, one of its major dealers in China&#8217;s eastern Shandong province has reportedly shut down its operations across multiple cities. This has affected over 1,000 customers with warranty and after-sales service-related issues.



<a href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">Tesla Rival BYD&#8217;s Hungary Facility Takes Shape, Poised To Produce 200,000 EVs Annually: Report</a></li>
</ul>



Photo courtesy: Shutterstock



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Tech

BYDDY

TSLA

Cybertrucks For FIFA 2026, Chinese Regulators Meet BYD, Tesla's European Troubles, And More: This Week In Mobility

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?



<ol class="wp-block-list">
<li>Summit Therapeutics Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock declined 29.32% after the company announced topline results <a href="https://www.benzinga.com//node/45693375" target="_blank" rel="noreferrer noopener">from its Phase 3 HARMONi trial</a>.</li>



<li>Temu parent PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) shares tumbled 19.44%  after President Trump said China had violated its agreement with the U.S. Additionally, a federal appeals court on Thursday temporarily reinstated most of<a href="https://www.benzinga.com//node/45696218" target="_blank" rel="noreferrer noopener"> the tariffs imposed by Trump</a>.</li>



<li>Regeneron Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) shares fell 17.86% after the company and Sanofi said the AERIFY-1 study met its primary endpoint, <a href="https://www.benzinga.com//node/45692578" target="_blank" rel="noreferrer noopener">but the AERIFY-2 study did not</a>.</li>



<li>Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) dipped 17.72% after Barclays maintained an Equal-Weight rating on the stock and lowered its <a href="https://www.benzinga.com//node/45657176" target="_blank" rel="noreferrer noopener">price forecast from $140 to $120</a>.</li>



<li>Okta, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) stock declined 16.74% after the company reported first-quarter financial results and provided cautious forward-looking commentary. Multiple analysts also lowered<a href="https://www.benzinga.com//node/45651210" target="_blank" rel="noreferrer noopener"> price forecasts following the report</a>.</li>



<li>Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) shares were down 16.31%, possibly amid overall market strength, after President Trump had delayed 50% EU tariffs until July.</li>



<li>Copart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPRT#NASDAQ">CPRT</a>) dipped 15.13% last week. The stock continued its decline after reporting a <a href="https://www.benzinga.com//node/45574729" target="_blank" rel="noreferrer noopener">third-quarter revenue miss</a>.</li>



<li>The Cooper Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COO#NASDAQ">COO</a>) shares decreased 13.90% despite a <a href="https://www.benzinga.com//node/45681308" target="_blank" rel="noreferrer noopener">second-quarter earnings beat</a>. JP Morgan downgraded the stock from Overweight to Neutral and lowered its price forecast from <a href="https://www.benzinga.com/quote/coo/analyst-ratings" target="_blank" rel="noreferrer noopener">$110 to $76</a>.</li>



<li>Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) stock fell 12.89%.</li>



<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) stock was down 12.63% after it reported mixed second-quarter earnings and cut its outlook. Additionally, several firms cut their respective <a href="https://www.benzinga.com//node/45698612" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>



<li>Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) stock declined 11.90% after its <a href="https://www.benzinga.com//node/45674314" target="_blank" rel="noreferrer noopener">first-quarter results</a>. Additionally, several firms revised their respective <a href="https://www.benzinga.com/quote/burl/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
</ol>



Image Via Shutterstock

Large Cap

News

Movers

BURL

CPRT

DECK

OKTA

REGN

SMMT

Temu Parent PDD, Regeneron Pharmaceutical And Burlington Stores Are Among Top 11 Large-Cap Losers Last Week (May 26-May 30): Are The Others In Your Portfolio?

The past week was filled with significant developments from the world of business and politics. From the temporary preservation of President Donald Trump&#8217;s tariffs to Paramount Global&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) potential settlement with President Trump, these stories have kept the market buzzing. Let&#8217;s dive into the details.



Trump Tariffs Temporarily Preserved



The SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) witnessed some volatility as the U.S. Court of Appeals for the Federal Circuit issued a temporary stay on a lower-court ruling that had previously invalidated a significant portion of President Trump&#8217;s tariffs. The stay has temporarily preserved the tariffs imposed by the Trump administration.



<a href="https://www.benzinga.com/news/legal/25/05/45683326/trump-tariffs-temporarily-preserved-as-appeals-court-pauses-lower-ruling">Read the full article here.</a>



Paramount&#8217;s Potential Settlement with Trump



Media giant Paramount Global is reportedly ready to offer millions to President Trump to settle an ongoing lawsuit. The lawsuit has been a hurdle in the company&#8217;s merger with Skydance.



<a href="https://www.benzinga.com/general/entertainment/25/05/45676520/is-paramount-offering-millions-to-trump-to-end-60-minutes-lawsuit-report-says-opening-offer-has-been-made">Read the full article here.</a>



See Also: <a href="https://benzinga.com/25/05/45214832/with-16-trillion-owed-by-427-million-student-loan-borrowers-federal-government-resumes-collections-after-5-years-as-delinquencies-reach-record-high-transunion-warns" target="_blank" rel="noreferrer noopener">With $1.6 Trillion Owed By 42.7 Million Student Loan Borrowers, Federal Government Resumes Collections After 5 Years As Delinquencies Reach Record High</a>



Musk&#8217;s DOGE Tenure Concludes



Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk&#8217;s four-month stint leading the Department of Government Efficiency (DOGE) ended on a high note, despite not meeting the promised savings. President Trump honored Musk with a golden key to the White House.



<a href="https://www.benzinga.com/news/politics/25/05/45708460/elon-musks-175-billion-in-doge-cut-falls-far-short-of-the-billionaires-goal-expect-to-achieve-over-time-the-trillion-dollars-of-savings-says-tesla-ceo">Read the full article here.</a>



Trump Administration Considers Global Tariffs



The Trump administration is reportedly considering imposing tariffs on a significant portion of the global economy for 150 days. This move comes in response to a recent court ruling that invalidated a substantial part of President Trump&#8217;s tariffs.&nbsp;<a href="https://www.benzinga.com/news/25/05/45688655/trump-administration-mulls-global-tariffs-of-about-15-for-150-days-under-existing-trade-laws-report">Read the full article here.</a>



Raskin&#8217;s Probe into Trump&#8217;s Crypto Dinner



Democratic lawmaker Jamie Raskin has launched a probe into President Trump&#8217;s private dinner for top investors in his Official Trump TRUMP/USD. Raskin has demanded that Trump disclose the guest list and the origin of the funds used to purchase the meme coin.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45686497/jamie-raskin-wants-trump-to-disclose-his-crypto-dinner-guest-list-says-foreigners-cant-donate-dollar-but-are-buying-access-to-president-through-memecoin">Read the full article here.</a>



Read Next:



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<li><a href="https://benzinga.com/markets/cryptocurrency/25/03/44450232/white-house-says-gold-reserves-may-be-used-to-purchase-bitcoin" target="_blank" rel="noreferrer noopener">White House Says Gold Reserves May Be Used to Purchase Bitcoin</a></li>
</ul>



Photo courtesy: Shutterstock



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

PARA

Trump Tariffs, Paramount's Settlement Offer, Musk's DOGE Tenure, And More: This Week In Politics

The past week was a whirlwind in the tech world, with major players making significant moves. From legal battles to stock predictions and AI advancements, the industry was buzzing with activity. Here&#8217;s a quick recap of the top stories that made headlines.



OpenAI vs. Elon Musk: A Legal Showdown



The ongoing legal tussle between OpenAI and Tesla Inc. CEO Elon Musk took a dramatic turn this week. OpenAI has urged a judge to keep its countersuit alive, accusing Musk of fraud and media manipulation. The AI firm argues that Musk&#8217;s bid to dismiss the countersuit lacks factual grounding.



<a href="https://www.benzinga.com/25/05/45686378/openai-fights-to-keep-countersuit-alive-against-elon-musk-over-profit-shift-calls-his-974-billion-bid-a-media-stunt">Read the full article here.</a>



Nvidia&#8217;s Stock Predicted to Soar



Analysts predict a significant upside for Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stocks, following a robust first-quarter financial report. Despite China export restrictions, the tech giant&#8217;s future looks promising. Rosenblatt analyst Kevin Cassidy maintained a Buy rating on Nvidia and raised the price target from $178 to $200.



<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45675006/nvidia-stock-has-significant-upside-as-ai-godfather-jensen-huang-delivers-another-robust-quarter">Read the full article here.</a>



See Also: <a href="https://benzinga.com/25/05/45644145/nvidia-stock-is-bullish-ahead-of-q1-earnings-but-will-h20-chip-woes-dampen-the-party" target="_blank" rel="noreferrer noopener">Nvidia Bullish Ahead Of Q1 Earnings, But Will H20 Chip Woes Dampen The Party?</a>



Kevin O&#8217;Leary&#8217;s AI Mission



Business magnate Kevin O&#8217;Leary is on a mission to make AI fluency a must-have skill for CEOs. He&#8217;s hiring professionals to train business leaders on how to leverage AI tools across all areas of business, promising job security for life.



<a href="https://www.benzinga.com/25/05/45663361/kevin-oleary-wants-to-teach-every-ceo-how-to-use-aiand-hes-hiring-people-to-do-it-calling-it-a-lifetime-career-opportunity">Read the full article here.</a>



DeepSeek&#8217;s Quiet AI Update



Chinese AI startup DeepSeek quietly launched an updated version of its reasoning model, R1-0528. The release comes after the company&#8217;s R1 model triggered a $600 billion drop in Nvidia&#8217;s market value earlier this year.



<a href="https://www.benzinga.com/media/25/05/45662927/chinas-deepseek-quietly-drops-r1-ai-update-that-nearly-matches-openai-o4-mini-and-beats-elon-musks-grok-3-mini">Read the full article here.</a>



Nvidia&#8217;s AI Growth Drivers



Despite a projected $8 billion revenue loss due to U.S. export curbs on China, Nvidia remains optimistic. The chipmaker&#8217;s guidance and AI momentum are stronger than expected, with CEO Jensen Huang outlining four key AI growth drivers.



<a href="https://www.benzinga.com/25/05/45662144/despite-8-billion-blow-from-china-export-curbs-nvidia-still-raised-guidance-as-blackwell-chips-and-enterprise-ai-demand-soar-highlights-four-explosive-growth-drivers">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://benzinga.com/25/05/45669300/north-korea-infiltrates-us-remote-jobs-with-the-help-of-everyday-americans-funneling-17-million-through-laptop-fa" target="_blank" rel="noreferrer noopener">Kim Jong Un&#8217;s North Korea Infiltrates US Remote Jobs With The Help Of Everyday Americans, Funneling $17 Million Through &#8216;Laptop Farm&#8217; Run By Unwitting TikToker: Report</a></li>
</ul>



Photo courtesy: Shutterstock

NVDA

Another Blockbuster Nvidia Quarter, OpenAI Vs. Elon Musk, DeepSeek Update, And More: This Week In AI

It&#8217;s been a whirlwind of a week for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), with the tech giant making headlines for a variety of reasons. From a potential overhaul of its operating systems to a significant camera upgrade, and from being in the crosshairs of President Donald Trump to a possible tariff absorption, Apple has been in the limelight. Let&#8217;s delve into the week&#8217;s top stories.



Apple&#8217;s Operating Systems Get a Fresh Look



Apple is reportedly planning a rebrand of its software platforms by introducing a year-based naming system, according to Bloomberg. The new strategy could be unveiled at its Worldwide Developers Conference on June 9.



<a href="https://www.benzinga.com/25/05/45661713/apple-to-rename-all-operating-systems-for-2026-ios-macos-ipados-get-year-based-overhaul-and-fresh-look">Read the full article here.</a>



iPhone Camera Upgrade to Match Samsung&#8217;s Flagship Specs



A new leak suggests that Apple is working on a significant camera upgrade for a future iPhone model — a 200-megapixel sensor. This move signals Apple&#8217;s interest in matching or exceeding the camera specs of competitors like Samsung Electronics Co.



<a href="https://www.benzinga.com/25/05/45637477/iphone-camera-could-get-its-biggest-upgrade-yet-with-200mp-sensor-leak-suggests-will-apple-finally-catch-up-to-samsung">Read the full article here.</a>



See Also: <a href="https://benzinga.com/media/25/05/45662927/chinas-deepseek-quietly-drops-r1-ai-update-that-nearly-matches-openai-o4-mini-and-beats-elon-musks-grok-3-m" target="_blank" rel="noreferrer noopener">China&#8217;s DeepSeek Quietly Drops R1 AI Update That Nearly Matches OpenAI o4 Mini—And Beats Elon Musk&#8217;s Grok 3 Mini</a>



Trump&#8217;s Calculated Move Against Apple



Apple, usually not associated with national security, is in President Trump&#8217;s crosshairs. Analyst Ming-Chi Kuo outlined three key reasons why Trump persistently targets Apple in public, noting that pressuring a global brand like Apple guarantees widespread media attention.



<a href="https://www.benzinga.com/markets/25/05/45603673/trumps-targeting-of-apple-isnt-random-analyst-says-its-a-calculated-move-for-maximum-political-gain">Read the full article here.</a>



Apple May Absorb iPhone Tariff Instead of Moving Production to the US



President Trump demanded that Apple manufacture iPhones sold in the U.S. domestically, or face a 25% tariff. Top Apple analyst Ming-Chi Kuo said that the company is unlikely to move its assembly lines back to the U.S., even under political pressure.



<a href="https://www.benzinga.com/markets/25/05/45599817/apple-would-rather-absorb-a-25-iphone-tariff-than-move-production-to-the-us-says-analyst-no-guarantee-they-wont-face-repeated-tariff-threats-during-his-term">Read the full article here.</a>



Google CEO Sundar Pichai on Apple&#8217;s Search Usage



Despite reports of declining search usage in Safari, Alphabet Inc.&#8217;s CEO Sundar Pichai insists that overall Google Search activity is growing, thanks to AI-powered experiences.



<a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://benzinga.com/25/05/45644145/nvidia-stock-is-bullish-ahead-of-q1-earnings-but-will-h20-chip-woes-dampen-the-party" target="_blank" rel="noreferrer noopener">Nvidia Bullish Ahead Of Q1 Earnings, But Will H20 Chip Woes Dampen The Party?</a></li>
</ul>



Photo courtesy: Shutterstock



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

AAPL

From iOS Overhaul, iPhone Camera Upgrade To Trump's Tariffs: This Week In Appleverse

The past week has been a whirlwind of economic and political news. From a second federal judge blocking President Donald Trump&#8217;s emergency tariff powers to former Treasury Secretary Larry Summers issuing a stark warning about America&#8217;s fiscal trajectory, the headlines have been filled with significant developments.



Here&#8217;s a quick recap of the top stories.



Trump&#8217;s Tariff Powers Blocked



A Washington-based federal judge, U.S. District Judge Rudolph Contreras, has ruled against President Trump&#8217;s attempt to exercise emergency powers to reshape trade policy. This ruling came just hours after the U.S. Court of International Trade struck down Trump&#8217;s tariffs. Contreras stated that the International Emergency Economic Powers Act (IEEPA) does not grant Trump the authority to impose or adjust tariffs without approval from Congress.



<a href="https://www.benzinga.com/25/05/45687946/second-federal-judge-blocks-trumps-emergency-tariff-powers-hours-after-us-court-of-international-trade-ruling">Read the full article here.</a>



Larry Summers&#8217; Stark Warning



Former Treasury Secretary Larry Summers has expressed concern over America&#8217;s fiscal trajectory, blaming President Trump and the GOP's "One Big, Beautiful Bill." Summers warned that the United States is on the verge of a crisis if current debt trends continue.



<a href="https://www.benzinga.com/markets/25/05/45686699/larry-summers-issues-stark-warning-the-big-beautiful-bill-is-actually-a-prescription-for-deadly-dangerous">Read the full article here.</a>



See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45686497/jamie-raskin-wants-trump-to-disclose-his-crypto-dinner-guest-list-says-foreigners-cant-donate-dollar-but-are-buying-access-to-president-through-memecoin" target="_blank" rel="noreferrer noopener">Jamie Raskin Wants Trump To Disclose His Crypto Dinner Guest List</a>



Japan&#8217;s Tariff Countermeasures



In response to heightened U.S. tariffs, Japan's government has announced a significant economic stimulus package. The government is set to allocate 900 billion yen ($6.3 billion) for emergency economic measures to counteract the adverse effects of increased U.S. tariffs.



<a href="https://www.benzinga.com/news/25/05/45609927/trump-tariff-countermeasures-japan-to-reportedly-roll-out-6-3-billion-emergency-fund-stimulus-as-early-as-tu">Read the full article here.</a>



US-China Trade Talks Stalemate



Trade negotiations between the United States and China have reached an impasse, according to U.S. Treasury Secretary Scott Bessent. Bessent suggested that a final agreement might require direct input from President Donald Trump and China's President Xi Jinping.



<a href="https://www.benzinga.com/25/05/45685544/scott-bessent-says-us-china-trade-talks-at-stalemate-need-trump-and-xi-jinping-touch-to-break-the-deadlock">Read the full article here.</a>



Cathie Wood&#8217;s Reaganomics Comparison



ARK Invest founder Cathie Wood has endorsed the Trump administration's economic policies, comparing them to "Reaganomics on steroids." Wood believes that current policies mirror former President Ronald Reagan&#8217;s playbook of deregulation, tax cuts, and lower interest rates.



<a href="https://www.benzinga.com/news/25/05/45603865/cathie-wood-calls-trump-policy-reaganomics-on-steroids-as-treasury-secretary-says-us-can-grow-its-way-out-of">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/25/05/45708311/president-trump-proposes-1-billion-for-private-sector-mars-exploration-report" target="_blank" rel="noreferrer noopener">President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report</a></li>
</ul>



Photo courtesy: Shutterstock



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Economics

Trump's Tariffs In Court, Summers' Stark Warning, US-China Stalemate, And Wood's Reaganomics Comparison: This Week In Economics

A gauge tracking the so-called &#8220;magnificent seven&#8221; — which includes Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) — surged 15% in May.



The rally coincided with an especially solid month for U.S. equities. The S&amp;P 500, tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), surged more than 6% for the month. That&#8217;s its strongest month since November 2023.



But beneath the surface <a href="https://www.benzinga.com/general/education/25/05/45675595/apple-eyes-worst-month-vs-sp-500-since-2018-but-history-says-buy-the-dip-now#:~:text=Apple%2520underperformed%2520S%2526P%2520500%2520by,expert%2520insights%2520for%252060%2525%2520off.">is Apple's rare underperformance.</a>



Six out of the magnificent seven tech giants logged monthly gains. The iPhone maker, however, lagged its peers and delivered its weakest relative performance against the S&amp;P 500 Index since 2018.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="535" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30154913/image-426-1024x535.png" alt="" class="wp-image-933762" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30154913/image-426-1024x535.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30154913/image-426-300x157.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30154913/image-426-768x401.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30154913/image-426-1536x803.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30154913/image-426-2048x1070.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



In contrast, Nvidia posted a staggering 24% monthly jump — its best performance since May 2024 — after delivering <a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45668727/nvidia-stock-is-surging-thursday-whats-fueling-the-move">better-than-expected quarterly earnings.</a>



Despite facing export restrictions on its chips to China, Nvidia's revenue resilience confirmed that artificial <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45675006/nvidia-stock-has-significant-upside-as-ai-godfather-jensen-huang-delivers-another-robust-quarter">intelligence demand remains healthy.</a> Overall revenue reached $44.1 billion, up 69% from a year ago.



"Countries around the world are recognizing AI as essential infrastructure — just like electricity and the internet — and Nvidia stands at the center of this profound transformation," CEO Jensen Huang said.



While Wall Street paints a positive picture, Main Street tells a different story, as pessimism among U.S. consumers runs high.



The U.S. economy contracted by 0.2% <a href="https://www.benzinga.com/government/regulations/25/05/45669445/us-economy-contracts-by-02-in-q1-labor-market-shows-signs-of-cracks-as-jobless-claims-surge">in the first quarter</a>, a slight upward revision from the initial -0.3% estimate, yet a stark reversal from the 2.4% growth rate seen in late 2024. Inflation, as measured by the <a href="https://www.benzinga.com/cannabis/25/05/45693219/feds-favorite-inflation-gauge-slows-but-trumps-china-accusation-flips-market-mood">Personal Consumption Expenditures price index</a>, cooled to 2.1% in April — its lowest pace in six months — from 2.3% in March.



But the public doesn&#8217;t seem to trust the disinflation narrative.



According to the University of Michigan's May survey, Americans expect inflation to run at 6.6% over the next year, <a href="https://www.benzinga.com/markets/economic-data/25/05/45697983/consumer-sentiment-stuck-at-3-year-lows-as-inflation-fears-hit-44-year-high">the highest level since 1981</a>. That figure reflects the widest gap ever recorded between perceived and actual inflation. Meanwhile, overall sentiment remains near three-year lows.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="535" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30155117/image-427-1024x535.png" alt="" class="wp-image-933763" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30155117/image-427-1024x535.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30155117/image-427-300x157.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30155117/image-427-768x401.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30155117/image-427-1536x803.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30155117/image-427-2048x1070.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



In a notable development on the trade front, the U.S. Court of International Trade struck down significant portions of President Donald Trump's newly proposed tariff actions.



While the move sparked brief investor optimism, analysts caution the Trump administration retains various legal avenues to <a href="https://www.benzinga.com/government/regulations/25/05/45672421/tariffs-blocked-by-court-but-goldman-sachs-says-trump-could-reimpose-them-within-days">reintroduce similar trade barriers.</a>



Now Read:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/05/45703175/netflix-stock-could-climb-another-25-thanks-to-second-half-content-bonanza-says-bank-of-america">Netflix Stock Could Climb Another 25% Thanks To Second-Half &#8216;Content Bonanza,&#8217; Says Bank Of America </a></li>
</ul>



Image: Shutterstock

AMZN

GOOGL

MSFT

Magnificent Seven Drive Wall Street's Rally, Nvidia Notches Best Month In A Year: This Week In Markets

The past week was a rollercoaster ride in the world of finance and cryptocurrency. From the early release of a notorious fraudster to a heated debate over Bitcoin&#8217;s value, the weekend was packed with intriguing stories.



Here&#8217;s a quick recap of the top stories that made headlines.



Sam Bankman-Fried&#8217;s Early Release



Once a promising figure in the cryptocurrency world,&nbsp;Sam Bankman-Fried&nbsp;is now set to leave prison four years ahead of his 25-year sentence. The Federal Bureau of Prisons has updated its inmate database to reflect the new release date of Dec. 14, 2044, thanks to &#8220;good conduct time&#8221; credits. Bankman-Fried&#8217;s pre-sentence time in jail also contributed to this early release.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45614311/fraudster-sam-bankman-fried-set-to-leave-prison-four-years-early-as-good-conduct-credits-t">Read the full article here.</a>



Schiff Challenges Vance On Bitcoin



Economist and market commentator&nbsp;Peter Schiff&nbsp;publicly disagreed with Vice President&nbsp;JD Vance&#8216;s support for Bitcoin at a recent cryptocurrency conference. Schiff challenged Vance&#8217;s remarks, sparking a debate over the true value and impact of Bitcoin.



<a href="https://www.benzinga.com/25/05/45661076/peter-schiff-challenges-jd-vances-bitcoins-safe-haven-assertion-urges-him-to-implement-policies-that-reduce-the-n">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45667896/hedera-co-founder-predicts-that-everything-of-value-will-be-tokenized" target="_blank" rel="noreferrer noopener">Hedera Co-Founder Predicts That &#8216;Everything Of Value&#8217; Will Be Tokenized</a>



Bitcoin Drops To $105,000



Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value took a hit, dropping below $105,000 after President Donald Trump warned that the U.S. is &#8220;no longer Mr. Nice Guy&#8221; in its trade agreement with China. This swift drop reveals that Bitcoin still behaves more like high-beta tech than a geopolitical hedge.



<a href="https://www.benzinga.com/cannabis/25/05/45698521/bitcoin-drops-to-105000-after-trump-warns-hes-no-longer-mr-nice-guy">Read the full article here.</a>



Google&#8217;s Quantum Warning



Alphabet Inc.&#8217;s Google has warned that RSA encryption, a key security feature in securing Bitcoin, may be more vulnerable to quantum computing attacks than previously thought. New research suggests that RSA encryption could be broken with 20 times fewer quantum resources.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45613248/google-warns-quantum-computers-could-crack-bitcoin-like-encryption-20-times-faster-than-ex">Read the full article here.</a>



Trump&#8217;s Meme Coin Dinner



A black-tie gala hosted by Donald Trump for top TRUMP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">MAGA</a>) meme coin holders turned into a high-net-worth crypto networking event. Despite Trump&#8217;s brief appearance, the event served as a valuable gathering for major players in the crypto space.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45626262/trump-meme-coin-dinner-turned-into-high-net-worth-crypto-networking-trump-was-there-for-20">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/cryptocurrency/25/03/44450232/white-house-says-gold-reserves-may-be-used-to-purchase-bitcoin" target="_blank" rel="noreferrer noopener">White House Says Gold Reserves May Be Used to Purchase Bitcoin</a></li>
</ul>



Photo courtesy: Shutterstock



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Cryptocurrency

$BTC

MAGA

Sam Bankman-Fried's Early Release, Schiff Vs Vance, Bitcoin's Fall, And Trump's Meme Coin Dinner: This Week In Crypto

In a move that could escalate trade tensions with the U.S., Germany is reportedly contemplating imposing a 10% tax on major online platforms, including&nbsp;Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report" rel="noreferrer noopener">and&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report" rel="noreferrer noopener">Meta Platforms Inc. </a><a target="_blank" href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report" rel="noreferrer noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</a>.&nbsp;



Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) isn&#8217;t a company usually associated with national security, but it is in the crosshairs of President&nbsp;Donald Trump, now an expert has <a target="_blank" href="https://www.benzinga.com/markets/25/05/45603673/trumps-targeting-of-apple-isnt-random-analyst-says-its-a-calculated-move-for-maximum-political-gain" rel="noreferrer noopener">given his take on the situation</a>.



Entertainment



JioHotstar, the newly merged streaming platform from&nbsp;Walt Disney Co.&nbsp;and&nbsp;Mukesh Ambani&#8217;s Reliance, has added 230 million subscribers in just three months, bringing its total to 280 million, nearly matching&nbsp;Netflix Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) <a target="_blank" href="https://www.benzinga.com/25/05/45604822/disney-and-ambanis-jiohotstar-adds-230-million-subscribers-in-3-months-nears-netflixs-global-total-driven-by-crickets-unmatched-pull-in-india" rel="noreferrer noopener">300 million global users</a>.



Technology



Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO&nbsp;Jensen Huang's&nbsp;rejection of&nbsp;PowerPoint&nbsp;presentations isn&#8217;t a quirky habit—it&#8217;s part of a broader trend among some of the most successful tech leaders who believe slide <a target="_blank" href="https://www.benzinga.com/media/25/05/45614590/jensen-huang-isnt-a-powerpoint-fan-neither-are-jeff-bezos-and-elon-musk-why-slide-decks-dont-cut-it-for-todays-tech-leaders" rel="noreferrer noopener">decks are a barrier to real thinking</a>.



Nvidia CEO&nbsp;Jensen Huang&nbsp;said that he believes&nbsp;Tesla&#8217;s&nbsp;Optimus&nbsp;humanoid robot&nbsp;could be the first to reach mass adoption and trigger <a target="_blank" href="https://www.benzinga.com/media/25/05/45664231/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo-jensen-huang-likely-to-be-the-next-multi-trillion-dollar-industry" rel="noreferrer noopener">a multi-trillion-dollar industry</a>.



Alphabet&#8217;s&nbsp;CEO&nbsp;Sundar Pichai&nbsp;has firmly rejected the notion that anyone at&nbsp;Google&nbsp;can manually alter search rankings, even in response to <a target="_blank" href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him" rel="noreferrer noopener">President&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him" rel="noreferrer noopener">Donald Trump&#8217;s</a><a target="_blank" href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him" rel="noreferrer noopener">&nbsp;complaints</a>.



Years after&nbsp;a controversial split,&nbsp;Mark Zuckerberg&#8217;s Meta Platforms&nbsp;and&nbsp;Palmer Luckey&nbsp;are teaming up again—this time to equip U.S. soldiers <a target="_blank" href="https://www.benzinga.com/media/25/05/45687185/mark-zuckerbergs-meta-reunites-with-palmer-luckey-to-equip-us-soldiers-with-eagleeye-an-ai-powered-combat-headset-that-can-detect-drones" rel="noreferrer noopener">with next-gen combat headsets</a>.



Smartphones



Apple CEO&nbsp;Tim Cook has found himself at the receiving end of President&nbsp;Donald Trump‘s criticism, marking a stark contrast to their previously warm relationship, but reports suggest iPhone production in <a target="_blank" href="https://www.benzinga.com/25/05/45612848/trumps-recent-wrath-on-apple-ceo-tim-cook-is-also-tied-to-the-middle-east-not-just-india-report" rel="noreferrer noopener">India is not the only reason</a>.



A fresh wave of tariff threats is hanging over&nbsp;Apple, but JPMorgan&#8217;s Samik Chatterjee isn&#8217;t downgrading Apple stock. In fact, he&#8217;s sticking to an Overweight rating, calling&nbsp;the company &#8220;well positioned&#8221;&nbsp;t<a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45608580/apple-may-hike-iphone-price-but-well-positioned-to-eat-tariff-bite-says-analyst" rel="noreferrer noopener">o weather the cost shock</a>.



Apple&nbsp;supplier&nbsp;Foxconn&nbsp;is set to announce a partnership with a second Japanese auto manufacturer as the Taiwanese <a target="_blank" href="https://www.benzinga.com/25/05/45667851/apple-supplier-foxconn-set-to-announce-second-japanese-auto-partner-as-it-turns-to-evs" rel="noreferrer noopener">manufacturer turns towards EVs</a>.



A new leak from a&nbsp;Weibo&nbsp;tipster,&nbsp;Digital Chat Station, suggests that&nbsp;Apple is working on a significant camera upgrade for a future&nbsp;iPhone&nbsp;model — <a target="_blank" href="https://www.benzinga.com/25/05/45637477/iphone-camera-could-get-its-biggest-upgrade-yet-with-200mp-sensor-leak-suggests-will-apple-finally-catch-up-to-samsung" rel="noreferrer noopener">a 200-megapixel sensor</a>.



Apple is reportedly preparing to rebrand its software platforms by introducing <a target="_blank" href="https://www.benzinga.com/25/05/45661713/apple-to-rename-all-operating-systems-for-2026-ios-macos-ipados-get-year-based-overhaul-and-fresh-look" rel="noreferrer noopener">a year-based naming system</a>.



Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45638355/headline-apples-former-design-chief-jony-ive-called-phones-and-laptops-legacy-platforms-google-ceo-sundar-pichai-said-pulling-out-a-black-glass-rectangle-wont-make-sense-forever-though-new-age-devices-havent-really-taken-off-yet" rel="noreferrer noopener">Apple&#8217;s Former Design Chief Jony Ive Called Phones And Laptops &#8216;Legacy Platforms:&#8217; Sundar Pichai Says Pulling Out A &#8216;Black Glass Display Rectangle&#8217; Won&#8217;t Make Sense Forever</a>



Automobiles/Spacecraft



Regulators from China&#8217;s commerce ministry are set to meet with executives from several Chinese automakers, including EV giant&nbsp;BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), to discuss the<a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45611701/chinese-regulators-will-meet-tesla-rival-byd-other-companies-to-discuss-zero-mile-used-cars-report" rel="noreferrer noopener"> surge in zero-mile used car sales</a>.



One of the major dealers of Chinese EV giant&nbsp;BYD has reportedly shut down its operations across multiple cities in China as the company <a target="_blank" href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report" rel="noreferrer noopener">expands into the European market</a>.



Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX CEO&nbsp;Elon Musk&nbsp;said that the company&#8217;s Starship rocket, a crucial element in the billionaire&#8217;s plans to set up a colony on Mars, can <a target="_blank" href="https://www.benzinga.com/25/05/45612033/elon-musk-touts-spacexs-starship-rocket-ahead-of-launch-says-it-can-reach-mars-in-six-months" rel="noreferrer noopener">reach the red planet in 6 months</a>.



Elon Musk&#8216;s EV giant recorded over 11,000 new insured registrations in the Chinese market for the week ending May 25, according to a post on social media platform X on Tuesday by&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45614051/tesla-bull-gary-black-weighs-in-as-elon-musks-ev-giant-logs-over-11000-new-registrations-for-straight-second-week" rel="noreferrer noopener">Future Fund LLC</a><a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45614051/tesla-bull-gary-black-weighs-in-as-elon-musks-ev-giant-logs-over-11000-new-registrations-for-straight-second-week" rel="noreferrer noopener">&#8216;s&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45614051/tesla-bull-gary-black-weighs-in-as-elon-musks-ev-giant-logs-over-11000-new-registrations-for-straight-second-week" rel="noreferrer noopener">Gary Black</a>.



Tesla sales fell 49% YoY in Europe for April as&nbsp;Elon Musk&#8216;s EV giant continues to <a target="_blank" href="https://www.benzinga.com/markets/eurozone/25/05/45616006/teslas-european-woes-see-no-end-april-sales-crash-49-as-rivals-race-ahead-in-ev-market" rel="noreferrer noopener">grapple with global challenges</a>.



Tesla rival&nbsp;Li Auto Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) will release two new SUVs this year and could also release the company&#8217;s first-ever sedan, provided the <a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45691082/tesla-rival-li-auto-will-release-2-new-suvs-this-year-ceo-li-xiang-hints-at-companys-first-sedan" rel="noreferrer noopener">market conditions are favorable</a>.



Tesla will launch its Robotaxi service in Austin on June 12, with CEO&nbsp;Elon Musk&nbsp;confirming that the company is <a target="_blank" href="https://www.benzinga.com/tech/25/05/45662671/tesla-targets-june-12-for-robotaxi-launch-in-austin-elon-musk-says-company-ramped-up-fsd-testing-a-month-ahead-of-schedule" rel="noreferrer noopener">currently testing the Model Y</a>.



Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) CEO&nbsp;RJ Scaringe&nbsp;has shared a sneak peek of the upcoming Rivian R2&#8217;s rear suspension, <a target="_blank" href="https://www.benzinga.com/25/05/45642153/rivian-ceo-rj-scaringe-touts-45000-rivian-r2s-updated-rear-suspension-cant-wait-for-folks" rel="noreferrer noopener">ahead of the planned 2026 launch</a>.



Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45617151/ubs-maintains-neutral-rating-for-rivian-stock-sets-price-13-price-target" rel="noreferrer noopener">Rivian Stock Above $15, But UBS Sees Fair Value At $13 Amid Affordability Concerns</a>



Stellantis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), the parent company of brands like&nbsp;Dodge&nbsp;and&nbsp;Jeep, has appointed&nbsp;Antonio Filosa&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/eurozone/25/05/45638939/stellantis-names-antonio-filosa-ceo-amid-uncertainty-over-trumps-50-eu-tariff-threat" rel="noreferrer noopener">as the new chief executive officer</a>.



General Motors Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) will invest $888 million in its Tonawanda Propulsion facility, where the company manufactures V-8 engines that power its <a target="_blank" href="https://www.benzinga.com/tech/25/05/45640639/general-motors-to-invest-888-million-in-ny-v-8-engine-plant-despite-surge-in-ev-market-share" rel="noreferrer noopener">SUVs and Full-Size Trucks</a>.



Artificial Intelligence



Some news headlines and social media chatter have stirred excitement—and confusion—over whether all UAE residents now get free access to&nbsp;ChatGPT Plus&nbsp;<a target="_blank" href="https://www.benzinga.com/news/global/25/05/45612410/fact-check-no-openais-chatgpt-plus-isnt-free-for-all-uae-residents" rel="noreferrer noopener">as part of</a><a target="_blank" href="https://www.benzinga.com/news/global/25/05/45612410/fact-check-no-openais-chatgpt-plus-isnt-free-for-all-uae-residents" rel="noreferrer noopener">&nbsp;OpenAI&#8217;s</a><a target="_blank" href="https://www.benzinga.com/news/global/25/05/45612410/fact-check-no-openais-chatgpt-plus-isnt-free-for-all-uae-residents" rel="noreferrer noopener">&nbsp;latest expansion</a>.



On Wednesday, the legal battle between&nbsp;OpenAI&nbsp;and&nbsp;Elon Musk&nbsp;escalated as the&nbsp;ChatGPT&nbsp;maker urged a judge to allow its countersuit to proceed, accusing the billionaire of <a target="_blank" href="https://www.benzinga.com/25/05/45686378/openai-fights-to-keep-countersuit-alive-against-elon-musk-over-profit-shift-calls-his-974-billion-bid-a-media-stunt" rel="noreferrer noopener">fraud and media manipulation</a>.



Chinese AI startup&nbsp;DeepSeek, which triggered a&nbsp;$600 billion drop&nbsp;in&nbsp;Nvidia Corporation&#8217;s&nbsp;market value with the release of its&nbsp;R1&nbsp;model in January, has quietly launched an updated version <a target="_blank" href="https://www.benzinga.com/media/25/05/45662927/chinas-deepseek-quietly-drops-r1-ai-update-that-nearly-matches-openai-o4-mini-and-beats-elon-musks-grok-3-mini" rel="noreferrer noopener">of its reasoning model</a>.



Kevin O&#8217;Leary&nbsp;is on a mission to make AI fluency essential for business leaders—and he&#8217;s hiring <a target="_blank" href="https://www.benzinga.com/25/05/45663361/kevin-oleary-wants-to-teach-every-ceo-how-to-use-aiand-hes-hiring-people-to-do-it-calling-it-a-lifetime-career-opportunity" rel="noreferrer noopener">trainers to make it happen</a>.



Image: Shutterstock/JHVEPhoto

BYDDF

GOOG

NFLX

RIVN

STLA

Consumer Tech News (May 26-May 30): Germany May Impose 10% Online Platform Tax, Tesla's European Sales Slump & More

These eleven mid-cap stocks were the best performers in the last week. Are they in your portfolio?



<ol class="wp-block-list">
<li>LZ Technology Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZMH#NASDAQ">LZMH</a>) shares surged 78.57% last week.</li>



<li>Centrus Energy Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) shares rose 36.22% as President Donald Trump signed a suite of executive orders aimed at <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">reviving the U.S. nuclear industry.</a></li>



<li>e.l.f Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) stock escalated 35.89% after it reported better-than-expected quarterly results and announced it would acquire Hailey Bieber&#8217;s <a href="https://www.benzinga.com//node/45677382" target="_blank" rel="noreferrer noopener">Brand Rhode for $1 billion</a>. Analysts raised the <a href="https://www.benzinga.com/quote/elf/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>



<li>Merus N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRUS#NASDAQ">MRUS</a>) stock increased 34.78%.</li>



<li>Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) stock was up 32.73% due to executive orders signed by Trump to <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">revive the U.S. nuclear industry.</a></li>



<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) shares upped 26.32%.</li>



<li>Informatica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NYSE">INFA</a>) shares jumped 25.05% after the company announced that Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) would acquire them for approximately $8 billion, and analysts <a href="https://www.benzinga.com//node/45647236" target="_blank" rel="noreferrer noopener">revised the price forecast</a>.</li>



<li>BRP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>) stock escalated 22.29% after the company reported better-than-expected first-quarter results. Additionally, the company announced that its president, CEO, and chair of the board will retire <a href="https://www.benzinga.com//node/45664327" target="_blank" rel="noreferrer noopener">by the end of the fiscal year</a>. Analysts raised the <a href="https://www.benzinga.com/quote/dooo/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast/ rating on the stock</a>.</li>



<li>Box (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) stock grew 20.99% after the company reported better-than-expected first-quarter financial results, and analysts revised the <a href="https://www.benzinga.com//node/45646700" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>



<li>Joby Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) stock upped 17.77% after the company announced closing a <a href="https://www.benzinga.com//node/45643642" target="_blank" rel="noreferrer noopener">$250 million investment</a> from Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>).</li>



<li>C3.ai, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) shares rose 16.98% after the company reported better-than-expected fourth-quarter financial results and announced a renewal and expansion of its joint venture with Baker Hughes for accelerated AI-driven transformations <a href="https://www.benzinga.com//node/45657936" target="_blank" rel="noreferrer noopener">in the energy and industrial sectors</a>. Analysts revised the <a href="https://www.benzinga.com/quote/ai/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
</ol>



Photo by LisaChi via Shutterstock

Mid Cap

DOOO

INFA

JOBY

LZMH

MRUS

OKLO

e.l.f Beauty, Box And Joby Aviation Are Among Top 11 Mid-Cap Gainers Last Week (May 26-May 30): Are Others In Your Portfolio?

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?



<ol class="wp-block-list">
<li>United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares jumped 25.45%. Japan&#8217;s Nippon Steel is set to finalize its acquisition of the company at $55 per share, according to <a href="https://www.benzinga.com//node/45622810" target="_blank" rel="noreferrer noopener">sources familiar with the matter</a>.</li>



<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) shares escalated 19.30% after Jefferies analyst Brent Thill upgraded the company from Hold to Buy and raised <a href="https://www.benzinga.com/quote/u/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast from $22 to $29</a>.</li>



<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) shares rose 18.75% after multiple analysts raised their price forecasts on the stock. The company <a href="https://www.benzinga.com//node/45677373" target="_blank" rel="noreferrer noopener">recently raised its FY26 guidance</a>.</li>



<li>BWX Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWXT#NYSE">BWXT</a>) shares upped 16.71% as President Donald Trump signed a suite of executive orders to <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">revive the U.S. nuclear industry</a>.</li>



<li>Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) shares increased 14.88% after the company reported better-than-expected first-quarter earnings and analysts <a href="https://www.benzinga.com//node/45695903" target="_blank" rel="noreferrer noopener">raised the price forecast on the stock</a>.</li>



<li>Reddit, Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) stock increased 14.27% after it was named among the <a href="https://www.benzinga.com//node/45679678" target="_blank" rel="noreferrer noopener">additions to the Russell 3000 index</a>.</li>



<li>Hologic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>) stock grew 14.12% after private equity firms TPG and Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) recently bid to acquire the company, <a href="https://www.benzinga.com//node/45629538" target="_blank" rel="noreferrer noopener">valuing it at over $16 billion</a>.</li>



<li>Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) stock upped 13.12%, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July.</li>



<li>Heico Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>) shares were up 12.19% after the company reported <a href="https://www.benzinga.com//node/45630872" target="_blank" rel="noreferrer noopener">better-than-expected financial results</a>.</li>



<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock gained 11.82% last week. It continued upward momentum following <a href="https://www.benzinga.com//node/45543602" target="_blank" rel="noreferrer noopener">strong Q1 earnings</a> and tariff <a href="https://www.benzinga.com//node/45655193" target="_blank" rel="noreferrer noopener">truce tailwinds</a>.</li>
</ol>



Photo via Shutterstock

BWXT

HOLX

INTU

RDDT

ULTA

VEEV

United States Steel, Applovin And Ulta Beauty Are Among Top Large-Cap Gainers Last Week (May 26-May 30): Are The Others In Your Portfolio?

This past week, truncated by the Memorial Day, Wall Street saw a rollercoaster of action, as markets responded to geopolitical tensions, earnings from corporations, and economic data. In spite of the volatility, some ETFs were able to perform better, presenting investors with pockets of opportunity.



Also Read: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/05/45679047/nvda-tsla-turbocharge-qqq-surge-toward-best-month-since-2023">NVDA, TSLA Turbocharge QQQ Surge Toward Best Month Since 2023</a>



5 ETFs That Did Well This Week



Direxion Daily Uranium Industry Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URAA#NYSE">URAA</a>): up 7.15%



Uranium prices have been glowing, and URAA captured that momentum with its 2x leverage on uranium-related stocks. As the world leans back into nuclear energy for cleaner alternatives, backed by President Donald Trump&#8217;s nuclear energy push, this ETF has surged on optimism around demand and geopolitical supply concerns.



Direxion Daily MSCI South Korea Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORU#NYSE">KORU</a>): up 10%



KORU led the charge with its 3x exposure to South Korean stocks, supported by a tech bounce and investor optimism in the region&#8217;s chipmaking capabilities. AI and semiconductor export sentiment remained positive and provided KORU with its weekly boost.



VanEck Uranium and Nuclear ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLR#NYSE">NLR</a>): up 4%



NLR also surfed the nuclear energy wave, providing more diversified and lower-volatility exposure than URAA. The worldwide nuclear renaissance, particularly in Europe and Asia, has spurred investor demand for uranium-related infrastructure.



YieldMax AI Option Income Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIYY#NYSE">AIYY</a>): up 9.17%



AIYY profited as it rode the AI boom with a spin—earning returns by employing options strategies on AI-themed equities. As Nvidia&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) quarterly results rekindled AI mania, income-hungry investors took refuge in this ETF as an intelligent wager on smart technology.



Sprott Junior Copper Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COPJ#NASDAQ">COPJ</a>): up 4.7%



COPJ rode higher copper prices, which were supported by firming global supply and growing demand for green technology and EV infrastructure. Junior copper miners, otherwise more erratic, received a firm bid from investors looking for the metal&#8217;s long-term path.



Market Overview



Wall Street served up a week of drama, with markets oscillating between optimism and worry. Tuesday got off to a robust start as <a href="https://www.benzinga.com/government/regulations/25/05/45627060/wall-street-rockets-as-bond-yields-drop-tesla-hits-3-month-highs-whats-driving-markets-tuesday">declining bond yields underpinned a broad advance</a>, lifting the S&amp;P 500 and Nasdaq while Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) jumped to a three-month high.



But by Wednesday, the momentum was lost as investors became nervous in <a href="https://www.benzinga.com/25/05/45651401/wall-street-stalls-as-treasury-yields-climb-again-ahead-of-nvidia-earnings-fed-minutes-whats-driving-markets-wednesday">anticipation of Nvidia&#8217;s earnings</a> and the release of Fed minutes, as Treasury yields slowly advanced, spoiling the mood.



On Thursday, <a href="https://www.benzinga.com/25/05/45677482/stocks-edge-higher-nvidia-rallies-to-3-month-highs-bitcoin-dips-below-107000-whats-driving-markets-thursday">Nvidia dazzled the tech industry with solid earnings</a>, pushing its stock to a three-month high and propelling the broader market, aided in part by a court decision that temporarily blocked a number of Trump&#8217;s tariffs on Chinese imports.



Just when all seemed rosy, Friday rolled in the clouds: Donald Trump blew back into <a href="https://www.benzinga.com/markets/equities/25/05/45701116/wall-street-slumps-as-trump-reignites-china-trade-tensions-nvidia-wipes-out-earnings-rally-whats-driving-markets-friday">U.S.-China trade tensions by accusing Beijing of violating a tariff truce</a>, which spooked investors and erased much of Nvidia&#8217;s rally. Bitcoin, meanwhile, fell below $107,000, adding a pinch of crypto angst to the mix. All in all, the week was a volatile cocktail of earnings elation, bond market jitters, and geopolitical déjà vu.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/05/45699802/from-meme-stocks-to-mature-moves-why-schd-might-be-a-good-bet-for-young-investors-for-passive-income-power">From Meme Stocks To Mature Moves: Why SCHD Might Be A Good Bet For Young Investors For Passive Income Power</a></li>
</ul>

Broad U.S. Equity ETFs

AIYY

COPJ

KORU

URAA

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

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.



Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.



Read Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/25/05/45171636/exclusive-aprils-20-most-searched-tickers-on-benzinga-pro-where-do-tesla-apple-palantir-nvidia-stocks-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: April&#8217;s 20 Most-Searched Tickers On Benzinga Pro — Where Do Tesla, Apple, Palantir, Nvidia Stocks Rank?</a>



Here's a look at the Benzinga Stock Whisper Index for the week ending May 30:



 CRH PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>): The building materials company saw strong interest from Benzinga readers during the week. There was minimal news for the company outside of a recent quarterly financial report in early May. The company <a href="https://www.crh.com/media/press-releases/2025/crh-q1-2025-results">reported </a>revenue growth of 3% year-over-year with a figure that beat Street estimates. The company missed analyst estimates for earnings per share. Bernstein initiated coverage on the stock with an Outperform rating shortly after financial results. CRH CEO Jim Mintern said the first quarter results showed strength and highlighted the company's differentiated strategy and recent acquisitions.



"Although the first quarter is typically the seasonally least significant period for our business, we are encouraged by the continued strength of underlying demand across our key markets," Mintern said.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="997" height="498" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431.png" alt="" class="wp-image-933808" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172401/Screenshot-431-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>



Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>): The chipmaker rejoins the Stock Whisper Index months after<a href="https://www.benzinga.com/trading-ideas/25/03/44448522/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-58"> a March appearance.</a> The company reported first-quarter financial results on May 1 with earnings per share of $4.04 beating a Street consensus estimate of $4.01. This marked more than 10 straight quarters or earnings per share that beat analyst estimates. The company beat analyst revenue estimates in the quarter, marking nine straight quarters of beating analyst estimates. Analysts were <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">mixed on the quarter </a>with strong ratings remaining but several price targets taken lower.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="999" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432.png" alt="" class="wp-image-933809" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172415/Screenshot-432-768x389.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>



Amphenol Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>): The connectors and sensors company returns to the list <a href="https://www.benzinga.com/trading-ideas/25/05/45482435/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-65">two weeks later</a> with the stock soaring to new all-time highs and continuing momentum since reporting quarterly financial results. In April, the company beat earnings per share and revenue estimates from analysts, marking more than 10 straight quarters of beats for both figures. Sales were up 48% year-over-year in the first quarter with strong organic growth and contributions from recent acquisitions. Analysts raised<a href="https://www.benzinga.com/quote/APH/analyst-ratings"> the price targets </a>after the results and more are diving into the stock in recent weeks. UBS recently maintained a Buy rating on the stock and raised the price target from $85 to $106. Citi maintained a Buy rating and raised the price target from $85 to $100. The stock was up over 8% for the week and shares are up over 35% in the last year. Amphenol could be one of the top stocks to watch heading into its next earnings report after a series of consecutive beats and analyst price target increases.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="997" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433.png" alt="" class="wp-image-933810" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172429/Screenshot-433-768x386.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>



Home Depot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>): The home improvement retailer saw strong interest from readers during the week after recently reporting<a href="https://www.benzinga.com/news/earnings/25/05/45518559/home-depot-flags-tariff-and-supply-chain-risks-in-risk-statement-but-does-not-revise-outlook"> first-quarter financial results</a>. The company reported sales growth of 9.4% year-over-year with sales beating analyst estimates. Earnings per share from the company missed Street estimates in the quarter. Likely helping the company the most was reaffirming its full-year financial guidance in the<a href="https://www.benzinga.com/25/05/45536279/home-depot-accelerates-supply-chain-diversification-shifts-sourcing-away-from-single-countries-management-sees-limited-impact-from-tariffs"> wake of tariffs. </a>Home Depot did not specifically mention tariffs, but discussed potential supply chain risks, while remaining optimistic on the full-year outlook.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="995" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434.png" alt="" class="wp-image-933811" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172445/Screenshot-434-768x392.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>



Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>): A strong<a href="https://www.benzinga.com/news/earnings/25/05/45553121/snowflake-q1-earnings-revenue-eps-beat-estimates-ai-data-cloud-company-sees-25-growth-ahead-shares-climb"> financial report </a>and analyst price target increases likely led to Snowflake being on the list and seeing increased reader interest. The company beat analyst estimates for both revenue and earnings per share in the first quarter with revenue up 26% year-over-year. The company ended the quarter with remaining performance obligations of $6.7 billion, up 34% year-over-year. The company also ended the quarter with 606 customers that have trailing 12-month product revenue of more than $1 million. Investors and analysts were impressed with the report and guidance with a large number of analysts <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">raising their price targets</a> after the report. Along with earnings, Snowflake also announced a <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45623498/snowflakes-ai-driven-insights-to-power-la28-olympic-and-paralympic-games">three-year partnership</a> to be the Official Data Collaboration Provider of the 2028 Olympics and Paralympic Games and Team USA. Snowflake stock was up over 3% on the week with shares now up over 45% in the last year.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435.png" alt="" class="wp-image-933812" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30172458/Screenshot-435-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>



Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0530" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>



Read the latest Stock Whisper Index reports here:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45183831/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-63" target="_blank" rel="noreferrer noopener">May 2</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/25/05/45335286/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-64" target="_blank" rel="noreferrer noopener">May 9</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/25/05/45482435/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-65" target="_blank" rel="noreferrer noopener">May 16</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/25/05/45600269/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-66">May 23</a></li>
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.



In May, U.S. stocks recorded their strongest monthly rally since November 2023, driven by easing trade tensions and robust tech earnings. The S&amp;P 500 rose 6.2%, and the Nasdaq Composite surged 9.6%, returning both indices to positive territory for the year. The "Magnificent Seven" tech giants led the charge, with Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock climbing 24% after reporting a 70% year-over-year revenue increase.



Despite the tech sector's dominance, investors anticipate a broader market rally, citing improving earnings in sectors like industrials, consumer staples, and financials. Analysts expect the earnings growth gap between the Magnificent Seven and the rest of the S&amp;P 500 to narrow in 2025.



However, uncertainties remain. A U.S. court ruling declared President Donald Trump's recent tariffs illegal, though the decision was promptly appealed. Analysts warn that renewed tariffs, particularly on chips and pharmaceuticals, could threaten the sustainability of recent market gains.



Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.







The Bulls



<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45655507/tech-analyst-expects-palantir-stock-to-rise-above-400-as-ai-revolution-kicks-into-gear">"Tech analyst expects Palantir stock to rise above $400 as AI revolution kicks into gear"</a>, by Adam Eckert, reports that Wedbush analyst Dan Ives predicts Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) will surpass $400 per share and reach a $1 trillion market cap within a few years, citing its leadership in AI and calling it the "Messi of AI."



<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45675006/nvidia-stock-has-significant-upside-as-ai-godfather-jensen-huang-delivers-another-robust-quarter">"Nvidia stock has ‘significant upside' as AI ‘godfather' Jensen Huang delivers another ‘robust quarter'"</a>, by Chris Katje, reports that Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares rose after the company beat Q1 estimates and analysts projected a market cap of up to $5 trillion, citing surging demand for its Blackwell AI chips and growth in AI infrastructure despite China export restrictions.



<a href="https://www.benzinga.com/news/earnings/25/05/45682895/ulta-beauty-stock-climbs-after-better-than-expected-q1-report-raised-fiscal-2025-outlook">"Ulta Beauty stock climbs after better-than-expected Q1 report, raised fiscal 2025 outlook"</a>, by Erica Kollmann, reports that Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) shares surged over 11% after the company exceeded Q1 earnings and revenue expectations, posting $6.70 EPS and $2.85 billion in sales, and raised its fiscal 2025 guidance amid strong demand for skincare and fragrance products.



For additional bullish calls of the past week, check out the following:



<a href="https://www.benzinga.com/news/earnings/25/05/45683235/uipath-stock-surges-on-q1-earnings-beat-raised-guidance-this-was-a-milestone-quarter">UiPath Stock Surges On Q1 Earnings Beat, Raised Guidance: ‘This Was A Milestone Quarter'</a>



<a href="https://www.benzinga.com/government/regulations/25/05/45650179/uranium-stocks-hit-17-year-highs-as-mays-rally-marks-best-month-on-record">Uranium Stocks Hit 17-Year Highs As May's Rally Marks Best Month On Record</a>



<a href="https://www.benzinga.com/general/biotech/25/05/45648350/why-is-gsk-partner-spero-therapeutics-stock-skyrocketing-on-wednesday">Why Is GSK Partner Spero Therapeutics Stock Skyrocketing On Wednesday?</a>







The Bears



<a href="https://www.benzinga.com/news/earnings/25/05/45681892/marvell-technology-stock-slips-after-q1-results-details">"Marvell Technology stock slips after Q1 results: Details"</a>, by Erica Kollmann, reports that Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) shares fell over 3% after the company posted Q1 adjusted earnings of 62 cents per share on $1.9 billion in revenue—both slightly above analyst estimates—but investors showed muted enthusiasm despite strong AI-driven data center demand and a raised Q2 revenue forecast of $2 billion.



<a href="https://www.benzinga.com/trading-ideas/movers/25/05/45692578/regeneron-sanofi-stock-falls-after-uneven-smokers-lung-drug-data">"Regeneron, Sanofi stock falls after uneven smoker's lung drug data"</a>, by Vandana Singh, reports that Regeneron Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) and Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) shares declined after their experimental COPD drug, itepekimab, showed a 27% reduction in exacerbations in one Phase 3 trial but failed to meet the primary endpoint in a second trial, raising concerns about its efficacy.



<a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45645056/gold-etf-bleeds-money-at-fastest-pace-in-3-years-is-the-safe-haven-trade-over">"Gold ETF bleeds money at fastest pace in 3 years — is the safe-haven trade over?"</a>, by Piero Cingari, reports that the SPDR Gold Shares ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) experienced $2.1 billion in outflows in May — its worst since July 2022 — as easing U.S.-China tensions and a surging S&amp;P 500 shifted investor appetite toward riskier assets, though Goldman Sachs still forecasts gold reaching $3,700 per ounce by year-end, driven by central bank demand and long-term macro risks.



For more bearish takes, be sure to see these posts:



<a href="https://www.benzinga.com/news/stock-split/25/05/45679654/mullen-automotive-stock-is-tumbling-thursday-whats-driving-the-action">Mullen Automotive Stock Is Tumbling Thursday: What's Driving The Action?</a>



<a href="https://www.benzinga.com/general/biotech/25/05/45655674/rocket-pharmas-gene-therapy-future-clouded-by-regulatory-uncertainty">Rocket Pharma's Gene Therapy Future Clouded By Regulatory Uncertainty</a>



<a href="https://www.benzinga.com/general/biotech/25/05/45624650/why-is-neuropace-stock-falling-after-epilepsy-treatment-study-data">Why Is NeuroPace Stock Falling After Epilepsy Treatment Study Data?</a>



Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.



Image created using artificial intelligence via Midjourney.

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

Anthony Scaramucci,&nbsp;the founder of SkyBridge Capital, shared his journey into the world of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) that started during his brief stint at the White House. His interest in cryptocurrency has since led him to become a significant player in the digital currency space.



What Happened: Scaramucci&#8217;s second encounter with Bitcoin happened in the Roosevelt Room of the White House in 2017. The meeting, attended by then-Treasury Secretary Steve Mnuchin and officials from The Federal Reserve, revolved around cryptocurrency research and was a pivotal moment in sparking Scaramucci&#8217;s interest in Bitcoin and blockchain technology.



After his departure from the White House, Scaramucci delved deeper into digital currency research, eventually becoming a crypto investor through his hedge fund. His publication, The Little Book of Bitcoin, shares stories about people&#8217;s journey to cryptocurrency, reflecting his belief that most people who explore Bitcoin end up believing in it.



As per the Fortune, the book has been well-received, earning praise from Strategy chairman Michael Saylor, despite initial disagreements about investment allocation recommendations.&nbsp;



According to Scaramucci, he approached Saylor to pen the foreword for his book. After reading the manuscript, Saylor called him—while sailing on his yacht—to say he was impressed overall, but strongly disagreed with the final chapter. 



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42378636/scaramucci-bitcoin-is-a-volatile-asset-but-ready-for-prime-time-institutional-investing">Scaramucci: Bitcoin Is a Volatile Asset, But &#8216;Ready for Prime Time Institutional Investing&#8217;</a>



Saylor questioned why Scaramucci would advocate for Bitcoin with such strong conviction yet suggest only a modest investment. 



Saylor told him, "You just got done telling me this is the greatest investment" but you only recommend a 2% allocation, Scaramucci said. That feedback led Scaramucci to revise the book's conclusion.



While Scaramucci has found success in his crypto investments, he has made it clear that he has no political ambitions. He expressed hope for a resolution to the political impasse and the ongoing tariff issues with Canada.



Why It Matters: Scaramucci&#8217;s journey from the White House to becoming a crypto investor highlights the growing interest and acceptance of cryptocurrencies among traditional finance professionals. 



His story, as told in his book, could inspire more people to explore and invest in digital currencies, potentially driving further growth in the cryptocurrency market.



Read Next



<a href="https://www.benzinga.com/news/25/04/44778667/scaramucci-foresees-global-retaliation-against-trumps-trade-policies-it-will-break-him">Scaramucci Foresees Global Retaliation Against Trump&#8217;s Trade Policies: &#8216;It Will Break Him&#8217;</a>



Image: Shutterstock/Al Teich

Michael Saylor Called Scaramucci From a Yacht and It Changed the Ending of His Book

President Donald Trump has mandated that automakers, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) , manufacture entire vehicles and all components within the U.S. This announcement was made during a press conference on Friday, coinciding with Elon Musk&#8217;s departure as a senior adviser at the White House.



What Happened: President Trump addressed concerns regarding tariffs impacting companies like Tesla that import auto parts.



He assured that Musk would eventually produce entire cars domestically, noting, &#8220;Pretty much he does.&#8221;



Trump emphasized that all manufacturers must build their parts in the U.S., expressing dissatisfaction with parts being made in countries like Canada, Mexico, and Europe.



&#8220;Nobody knew what the hell was happening,&#8221; he stated, declaring that within the next year, automakers must ensure complete production occurs in America.



Earlier this year, the Trump administration imposed a 25% tariff on imported vehicles and auto parts, which the auto industry claims will disrupt supply chains and increase car prices. While Tesla manufactures its electric vehicles in the U.S., many key components are sourced from abroad.



See Also: <a href="https://benzinga.com/markets/equities/25/05/45691777/how-bill-ackmans-stock-tip-turned-a-new-york-taxi-drivers-50-thousand-into-a-3-million-retiremen">How Bill Ackman&#8217;s Stock Tip Turned A New York Taxi Driver&#8217;s $50 Thousand Into A $3 Million Retirement Fund</a>



Why It Matters: The automotive industry has been grappling with the implications of tariffs since President Trump hinted at increasing the 25% tariff on Canadian automobile imports in April, suggesting that the U.S. auto industry would benefit from reduced Canadian involvement.



In a statement from the Oval Office, <a href="https://www.benzinga.com/news/25/04/45018925/trump-says-us-doesnt-need-canadian-cars-hints-tariffs-could-rise-we-dont-want-your-cars-with-all-due">Trump remarked</a>, "We don&#8217;t want your cars, with all due respect."



In May, General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) CEO Mary Barra <a href="https://www.benzinga.com/25/05/45664131/general-motors-ceo-backs-trumps-auto-tariffs-as-a-tool-to-level-the-playing-fieldtheyve-taken-the-time-to-understand-our-industry">expressed support</a> for Trump&#8217;s tariffs, citing them as a tool to level the playing field against foreign government subsidies and tax policies.



The Trump administration <a href="https://www.benzinga.com/25/05/45249274/trump-eases-auto-tariffs-auto-makers-welcome-and-appreciate-the-move">eased some auto tariffs</a>, allowing for reimbursements for domestic car producers importing parts, though these reimbursements will phase out over time.



This policy shift underscores the administration&#8217;s commitment to strengthening the U.S. automotive sector by encouraging domestic production, a move that could have significant implications for automakers and their supply chains.



Read Next:



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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

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

It's not every day someone casually accuses a former Speaker of the House of defying both math and mortality — but then again, <a href="https://www.benzinga.com/25/05/45516211/grant-cardones-two-most-hated-on-opinions-most-people-should-not-go-to-college-and-a-house-is-a-terrible-investment">Grant Cardone isn't known for pulling punches</a>.



In an <a href="https://youtu.be/-N5ivvV2_Cc?si=rfI64j7wJVC4NikL">interview last year with DJ Vlad</a>, Cardone took aim at Nancy Pelosi's reported wealth, questioning how a public servant making $179,000 a year could be worth $120 million. "You can't do the math on it," he said flatly. "She would have to be 33,000 years old or something." After revising, he settled on a more "reasonable" estimate: "She would have to be on Earth 3,300 years," he said, in order to turn her salary into the fortune she's reported to have.



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Cardone didn't stop there. Factoring in taxes and cost of living, he added, "She's probably paying 50% in taxes… So she's making $89,000 a year, bro. She's worth $120 million minimum. She would have to be 1,500 years old if she never spent one penny."



The math may have been delivered with a smirk, but the underlying message wasn't a joke: "If you make $179,000 a year, you will never be a millionaire — much less worth $120 million." He went on to call out both parties for profiting off insider knowledge, saying, "There's a whole bunch of them… Republicans and Democrats."



His proposed solution? Cut Congressional salaries to the median American wage and ban trading altogether: "If you're in Congress or Senate… you cannot insider trade. Period. In fact, you cannot trade at all."



Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.



At the time of the interview, Pelosi's net worth was estimated around $120 million — but today, it's significantly higher. As of early 2025, Pelosi's net worth is estimated to be between $246.8 million and $259 million, <a href="https://www.quiverquant.com/congresstrading/politician/Nancy%20Pelosi-P000197/net-worth">according to Quiver Quantitative</a>. That's more than double what Cardone was reacting to just a year ago.



Much of the wealth is tied to savvy and controversial investments in tech stocks and real estate, largely managed by her husband, Paul Pelosi. While there's no direct evidence of insider trading, public skepticism has remained high — and the numbers haven't exactly helped.



Cardone may have been using hyperbole when he joked that Pelosi would need to be 3,300 years old to earn her wealth. But if the <a href="https://www.benzinga.com/money/are-you-rich">trajectory of her portfolio</a> is any indication, she's aging just fine — and so is her net worth.



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Grant Cardone Says Nancy Pelosi's $120 Million Net Worth Defies Life And Math — 'She'd Need To Be 33,000 Years Old' On A $179,000 Salary

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