Lobo EV Technologies 주식 (NASDAQ: LOBO)

에 대한 최신 뉴스 Lobo EV Technologies (NASDAQ:LOBO) 주식

Lobo EV Technologies

Lobo EV Technologies Ltd is an electric vehicle manufacturer and seller company. It designs, develops, manufactures, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provides automobile information and entertainment software development and design services to customers. The company operates in two operating segments: the Electric vehicles and accessories sales segment, which generates key revenue, and the software royalties and development and design services segment. It generates all of its revenue within the People's Republic of China.

LOBO EV TECHNOLOGIES LTD. - Ordinary shares

Lobo EV Technologies Ltd

Publicly-listed holding company GD Culture Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDC#NASDAQ">GDC</a>) announced its intentions to raise up to $300 million to build a cryptocurrency reserve made up of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) on Monday.
What Happened: The Nasdaq-listed firm plans to use the&nbsp;proceeds from a stock sale&nbsp;to an &#8220;accredited&#8221;&nbsp;entity in the British Virgin&nbsp;Islands to finance this investment, according to a press release.
GDC said it wanted to improve its balance sheet with &#8220;high-performance, scalable digital assets,&#8221; as part of a broader pivot toward decentralized finance.
The company conducts business mainly through its wholly owned U.S. subsidiary AI Catalysis Corp. and China-based Shanghai Xianzhui Technology Co, Ltd.
GDC, which runs an e-commerce business on the Chinese-owned video-sharing app TikTok, reported no revenue last year and has a small team of just eight employees, <a href="https://www.nytimes.com/2025/05/13/us/politics/trump-crypto-purchase.html">reported </a>The New York Times, citing public filings.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45351445/xrp-skyrockets-10-what-is-going-on" target="_blank" rel="noreferrer noopener">XRP Skyrockets 10%: What Is Going On?</a>
Why It Matters: This move by GDC comes days after&nbsp;Freight Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRGT#NASDAQ">FRGT</a>)&nbsp;<a href="https://www.benzinga.com/25/05/45159094/trumps-official-memecoin-adopted-as-reserve-asset-by-freight-technologies-to-advocate-for-fair-balanced-us-mexico-trade">became the first public company to adopt</a> President Donald Trump&#8217;s meme coin as a treasury reserve asset. 
The cross-border logistics company said the decision was an &#8220;effective&#8221; way to advocate for fair and free trade between Mexico and the U.S.
The meme coin has sparked political outrage, with Democratic lawmakers <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45027557/trumps-memecoin-dinner-event-sparks-impeachment-call-from-democratic-senator-says-potus-is-selling-access-to-those-who-enrich-him">accusing Trump of corruption</a> for selling access to himself in exchange for payments made with his meme coin. Trump has <a href="https://www.benzinga.com/25/05/45187462/trump-denies-personal-profit-from-memecoin-venture-i-havent-even-look">refuted claims</a> that he is financially benefiting from the coin.
Price Action: At the time of writing, TRUMP was exchanging hands at $13.56, up 7.53% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Shares of GDC were up 3.27% in after-hours trading after closing 2.73% lower at $2.140 during Tuesday's regular session. The stock was up 13.23% year-to-date.
GDC scored high on the momentum metric as of this writing. If you want to fill your portfolio with similar high-momentum stocks, visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> for more details.
Photo Courtesy: Bori Slim On Shutterstock.com 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="505" height="187" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14005031/Screenshot-2025-05-14-102018.png" alt="" class="wp-image-914391" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14005031/Screenshot-2025-05-14-102018.png 505w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14005031/Screenshot-2025-05-14-102018-300x111.png 300w" sizes="(max-width: 505px) 100vw, 505px" /></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

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FRGT

Trump Memecoin Adopted By China-Linked Nasdaq Company As Treasury Reserve Asset

Swiss athletic footwear company On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) saw its stock jump 12% following stellar first-quarter of 2025 results that handily beat analyst expectations, demonstrating the strength of its premium positioning strategy.
What Happened: The former tennis player Roger Federer-backed company reported first-quarter net sales of CHF726.6 million ($865.48 million), a 43% increase year-over-year.
&#8220;Our D2C channel has again fueled our growth, increasing by 45.3% year-over-year on a reported basis and 42.4% on a constant currency basis, reaching net sales of CHF 276.9 million($330.13 million),&#8221; said CFO and Co-CEO Martin Hoffmann. &#8220;This growth ahead of our expectations has further resulted in an increased D2C share of 38.1% in the first quarter of 2025, up from 37.5% in the first quarter of 2024.&#8221;
Executive Co-Chairman Caspar Coppetti highlighted, &#8220;The strength of our direct to consumer business and its increased share resulted in an increased gross profit margin of 59.9%.&#8221; 
See Also: <a href="https://www.benzinga.com/markets/25/05/45397196/jensen-huangs-wealth-surges-37-since-liberation-day-lows-as-nvidia-re-enters-3-trillion-market-cap-club-on-saudi-chip-pact">Jensen Huang&#8217;s Wealth Surges 37% Since &#8216;Liberation Day&#8217; Lows As Nvidia Re-Enters $3 Trillion Market Cap Club On Saudi Chip Pact</a>
Why It Matters: Based on strong results, On raised its 2025 outlook, now expecting constant currency growth of at least 28%, with reported sales projected to reach at least CHF 2.8 billion ($3.34 billion). 
The company plans to raise U.S. prices starting in July to reinforce its premium brand positioning and cushion the impact of potential tariffs imposed under President Donald Trump.
Hoffmann concluded, &#8220;We are convinced that our partners and fans will continue to invest into the most premium offering in the market, setting us up for long term success from this position of strength.&#8221;
Price Action: On Holding AG&#8217;s stock closed at $57.38 on Tuesday, rising 11.83% for the day. In after-hours trading, the stock dipped slightly to $57.21, down 0.30%. Year to date, On Holding has gained 3.63%.
Photo Courtesy: Ricardo Trida On Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

ONON

Roger Federer-Backed On Holding Jumps 12% As DTC Sales Soar —Sneaker Price Hikes Coming To Offset Tariffs And Fuel Premium Growth

Macro Economic Events

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Economics

Reported Earlier, Australia Wage Price Index (QoQ) For Q1 0.9% Vs. 0.8% Est.; 0.7% Prior

Alphabet Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) YouTube will take its first snap as an NFL broadcaster on Sept. 5, streaming the Los Angeles Chargers' Week 1 opener from São Paulo free to fans worldwide on YouTube and YouTube TV. The international kickoff is the league's first exclusive live game on the platform.
What Happened: "Last year, people spent over 350 million hours watching official NFL content on YouTube," chief business officer Mary Ellen Coe said, promising creators on screen and an "interactive viewing experience."
The Friday night contest will also air on free TV in the clubs' home markets and stream on NFL+ for U.S. phones and via DAZN's NFL Game Pass abroad, mirroring past digital carve-outs.
The debut comes two seasons after YouTube TV <a href="https://www.benzinga.com/news/22/12/30155156/as-apple-said-to-bow-out-youtube-reportedly-in-advanced-talks-for-nfl-sunday-ticket">wrested</a> NFL Sunday Ticket from DirecTV. The out-of-market bundle now runs up to $378 a season. The streamer also inked a multi-year deal to carry the Super Bowl Flag Football game, deepening Google's live-sports push.
ESPN Senior NFL insider Adam Schefter noted on X that this &#8220;marks the first exclusive NFL game to be streamed live and for free in its entirety on YouTube.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">YouTube will exclusively stream the Friday night Week 1 game of the 2025 NFL season in São Paulo, Brazil on Sept. 5 to a worldwide audience on YouTube and YouTube TV. This marks the first exclusive NFL game to be streamed live and for free in its entirety on YouTube.
&mdash; Adam Schefter (@AdamSchefter) <a href="https://twitter.com/AdamSchefter/status/1922351138818461992?ref_src=twsrc%5Etfw">May 13, 2025</a></blockquote>
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See also: <a href="https://www.benzinga.com/markets/bonds/25/05/45396490/peter-schiff-says-trade-truce-aside-the-world-is-losing-confidence-in-dollar-and-in-us-ability-to-put-fiscal-house-in-order">Peter Schiff Says Trade Truce Aside, The World Is &#8216;Losing Confidence&#8217; In Dollar And In US Ability To Put &#8216;Fiscal House In Order&#8217;</a>
What To Know: Netflix's Christmas Day <a href="https://www.benzinga.com/general/sports/24/12/42728254/netflixs-nfl-push-signals-shift-in-sports-streaming-landscape-analyst-says">doubleheader last year</a> drew nearly 65 million U.S. viewers, while Peacock's 2024 Brazil matchup averaged 14.2 million domestically, <a href="https://www.adweek.com/convergent-tv/youtube-will-be-home-to-an-exclusive-nfl-game-in-2025/">according</a> to AdWeek.
Without an in-house truck, YouTube will rely on NBC Sports to produce the telecast, echoing NBC's work for Prime Video and CBS's behind-the-camera role on Netflix's holiday slate.
The Chargers' opponent will be revealed when the NFL publishes its 2025 schedule on May 14. As per a <a href="https://www.wsj.com/business/media/the-nfls-media-chief-thinks-the-league-still-has-room-to-grow-ac551f20">report</a> by WSJ, if the experiment scores, league executives hint more stand-alone windows could follow on YouTube.
Price Action: Alphabet Class A closed 0.7% up at $$159.53 on Tuesday, while the Company&#8217;s Class C shares ended the day 0.8% higher at $160.89.
Check out how Alphabet stock&#8217;s Momentum and Growth percentiles. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here</a> for Benzinga Edge Stock Rankings.
Photo Courtesy: Steve Jacobson On Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/25/05/45397196/jensen-huangs-wealth-surges-37-since-liberation-day-lows-as-nvidia-re-enters-3-trillion-market-cap-club-on-saudi-chip-pact">Jensen Huang&#8217;s Wealth Surges 37% Since &#8216;Liberation Day&#8217; Lows As Nvidia Re-Enters $3 Trillion Market Cap Club On Saudi Chip Pact</a>

Tech

GOOG

GOOGL

YouTube Scores NFL First: Chargers Game In Brazil To Stream Free Worldwide

Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) broke through $2,700 in a searing rally Tuesday, bolstered by improving macroeconomic conditions.
What happened: The second-largest cryptocurrency by capitalization soared over 8% in the last 24 hours, reaching levels last seen in the last week of February.
ETH's trading volume jumped 10.30% to nearly $35 billion, indicating high liquidity and trader interest.
The upsurge made ETH the biggest large-cap cryptocurrency gainer over the last 24 hours, significantly outpacing Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>).
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45339966/bitcoin-creator-satoshi-nakamotos-estimated-wealth-crosses-bill-gates-amid-apex-cryptos-sharp-rebound">Bill Gates Left Behind By Satoshi Nakamoto: Bitcoin Creator&#8217;s Wealth Now Eclipses That Of Microsoft Co-Founder Amid Crypto&#8217;s Sharp Rebound</a>
The rally also excited ETH's derivatives traders, as the Open Interest skyrocketed 16% to $32.28 billion in the last 24 hours, <a href="https://www.coinglass.com/BitcoinOpenInterest">according </a>to Coinglass, the highest since Jan. 24.
Nearly $160 million in bearish leveraged bets on ETH were erased, accounting for 64% of total short liquidations during the last 24 hours. Over 60% of all Binance traders with open ETH positions were long as of this writing.
Institutional investors started piling on the cryptocurrency. London-based digital asset investment firm Abraxas Capital purchased another $84.7 million in ETH, taking its total buys in the last week to $561 million, according to Lookonchain.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just as we suspected, Abraxas Capital borrowed <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDT</a> to buy more <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>. When we posted, <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> was at $2,460, now it has broken above $2,700—up ~10%! Over the past week, Abraxas Capital has bought 242,652 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($561M).<a href="https://t.co/vZTxLPcuJS">https://t.co/vZTxLPcuJS</a><a href="https://t.co/qZZkGndZEd">https://t.co/qZZkGndZEd</a> <a href="https://t.co/o7NgUjSguU">pic.twitter.com/o7NgUjSguU</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1922465465554682131?ref_src=twsrc%5Etfw">May 14, 2025</a></blockquote>
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The uptick followed <a href="https://www.benzinga.com/25/05/45396450/bitcoin-ethereum-dogecoin-pop-on-softer-inflation-analyst-says-cocktail-for-bitcoins-ballistic-rise-was-in-the-works">softer-than-expected consumer inflation</a> data for April, easing fears about President Donald Trump&#8217;s trade policies and encouraging a risk-on mood.
Price Action:&nbsp; At the time of writing, ETH was exchanging hands at $2,638.49, up 8.63% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. The coin was still 13% away from reclaiming $3,000.
Photo Courtesy: VPLAB On Shutterstock.com
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$XRP

Ethereum Spikes Nearly 9% Over 24 Hours: Is $3000 Next?

On Tuesday, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO, Jensen Huang&#8217;s net worth stood at $114 billion, closing in on $120 billion, with the company&#8217;s stock rallying by nearly 15% this week, and reentering the $3 trillion market cap club.
What Happened: This marks a sharp reversal in fortune for the company and its founder, after a steep decline in early April amid escalating tariffs, trade tensions, and export restrictions that created significant uncertainty, alongside financial and operational headwinds.
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45389778/jeremy-siegel-calls-us-china-deal-amazing-expects-long-term-stability">Jeremy Siegel Calls US-China Deal &#8216;Amazing,&#8217; Expects Long-Term Stability</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/05/45384348/whats-going-on-with-nvidia-stock-tuesday-2">Nvidia shares surged</a> following Monday's de-escalation in U.S.-China trade tensions and Tuesday's announcement of a new agreement to supply 18,000 GB300 Blackwell chips to Saudi-based AI startup Humain, backed by the nation&#8217;s sovereign wealth fund, according to a report by Reuters. 
Huang&#8217;s net worth, which had dropped to $83 billion during the first week of April, just days after the &#8220;Liberation Day&#8221; tariffs, has witnessed a 37% surge since these lows, ending Tuesday at a little under $120 billion. 
With a majority of his wealth derived from his 3% stake in Nvidia, Huang&#8217;s net worth soared by $6.01 billion on Tuesday, due to a 5.3% spike in the company&#8217;s shares. However, year-to-date, the tech titan&#8217;s fortune remains down by $636 million, according to the Bloomberg Billionaires Index.
Why It Matters: Nvidia has been at the center of this geopolitical storm in recent weeks, with Huang warning last week that losing access to China&#8217;s potential <a href="https://benzinga.com/markets/25/05/45243129/nvidia-ceo-jensen-huang-says-losing-access-to-chinas-potential-50-billion-ai-market-would-be-a-tremendous-loss">$50 billion AI chip market</a> would be a &#8220;tremendous loss.&#8221;
Just a day after President Donald Trump&#8217;s Liberation Day tariff announcements, Huang saw his <a href="https://benzinga.com/25/04/44643859/elon-musk-mark-zuckerberg-and-jensen-huang-lose-34-billion-heres-how-much-other-magnificent-7-billionaires-lost-after-trumps-liberation-day">net worth drop</a> $7.4 billion within a single day. 
The 789% rally in Nvidia shares since 2023 has led to a significant rise in Huang&#8217;s wealth, going from <a href="https://www.benzinga.com/news/24/05/38808523/the-8-silent-billionaires-cashing-in-on-the-ai-boom-besides-nvidias-jensen-huang-and-openais-sam-alt">$21.1 billion</a> to an <a href="https://www.benzinga.com/24/11/41888032/nvidia-ceo-jensen-huang-said-nvidia-has-no-long-term-strategy-how-this-philosophy-is-similar-to-his-reason-to-not-wear-a-watch">all-time high</a> of $129 billion late last year. 
Price Action: Shares of Nvidia were up 5.63% on Tuesday, and are up 1.04% after hours, following the announcement of Saudi startup Humain&#8217;s deal with the company.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230736/Screenshot-2025-05-14-at-8.36.58-AM-1024x136.png" alt="" class="wp-image-914340" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230736/Screenshot-2025-05-14-at-8.36.58-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230736/Screenshot-2025-05-14-at-8.36.58-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230736/Screenshot-2025-05-14-at-8.36.58-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230736/Screenshot-2025-05-14-at-8.36.58-AM-1536x205.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230736/Screenshot-2025-05-14-at-8.36.58-AM.png 1606w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
For more insights on the stock&#8217;s score, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>. 
Photo Courtesy: jamesonwu1972 on Shutterstock.com
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AAPL

MSFT

NVDA

Jensen Huang's Wealth Surges 37% Since 'Liberation Day' Lows As Nvidia Re-Enters $3 Trillion Market Cap Club On Saudi Chip Pact

Cryptocurrency and stock trading platform eToro Group Ltd. priced its upsized initial public offering at $52 per share on Tuesday ahead of its Wall Street debut.
What happened: The Israeli firm offered 11.92 million shares at $52 apiece, above its target range of $46 to $50. The offering includes 5,961,509 Class A common shares sold by eToro and 5,961,509 Class A common stock sold by existing shareholders.
The shares are expected to begin trading on the Nasdaq stock exchange on Wednesday, under the ticker symbol &#8220;ETOR,&#8221; according to a statement issued by the company.
Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>), UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) and Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) are the lead underwriters for the IPO.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45339966/bitcoin-creator-satoshi-nakamotos-estimated-wealth-crosses-bill-gates-amid-apex-cryptos-sharp-rebound">Bill Gates Left Behind By Satoshi Nakamoto: Bitcoin Creator&#8217;s Wealth Now Eclipses That Of Microsoft Co-Founder Amid Crypto&#8217;s Sharp Rebound</a>
Launched in 2007, eToro is a multi-asset trading platform, allowing investments in stocks, commodities and cryptocurrencies such as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). 
Cryptocurrency-linked stocks already have a substantial presence on Wall Street, including Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), which is <a href="https://in.benzinga.com/markets/cryptocurrency/25/05/45365186/coinbase-stock-jumps-nearly-11-after-hours-monday-heres-why">set to join</a> the S&amp;P 500 index and Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>).
Visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>&nbsp;to discover more equities in this cohort and see how they score across vital metrics.
Photo Courtesy: Grey82 On Shutterstock.com
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="512" height="186" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230717/Screenshot-2025-05-14-083653.png" alt="" class="wp-image-914338" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230717/Screenshot-2025-05-14-083653.png 512w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13230717/Screenshot-2025-05-14-083653-300x109.png 300w" sizes="(max-width: 512px) 100vw, 512px" /></figure>
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45339772/michael-saylor-harnesses-ai-to-drive-home-an-important-message-on-bitcoin-its-going-up-forever">Michael Saylor Harnesses AI To Drive Home An Important Message On Bitcoin: &#8216;It&#8217;s Going Up Forever&#8217;</a></li>
</ul>

COIN

HOOD

eToro Set For Nasdaq Debut, Crypto And Stock Trading Platform Announces Upsized IPO Priced At $52 Per Share

U.S. stocks moved mostly higher on Tuesday, with the Nasdaq jumping about 300 points, or 1.6%, to 19,010.08, and the S&amp;P 500 rising 0.7% to 5,886.55. The Dow Jones, however, slipped 0.6% to 42,140.43.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Palantir Technologies Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)
Palantir saw its shares rise by 8.14%, closing at $128.10. The stock reached an intraday high of $130.60 and a low of $119.31, with a 52-week range of $63.40 to $130.60. Palantir achieved a <a href="https://www.benzinga.com/news/25/05/45383727/palantir-stock-hits-new-all-time-high-on-strong-earnings-macro-tailwinds">new all-time high</a>, buoyed by strong earnings and macroeconomic factors. The announcement of significant investment opportunities in the Middle East and support for regional stability by global leaders further fueled investor optimism.
NVIDIA Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
NVIDIA&#8217;s stock increased by 5.63%, closing at $129.93. The day&#8217;s trading saw a high of $131.22 and a low of $124.47, with a 52-week range of $86.63 to $153.13. In the after-hours trading, the shares gained over 1%. The stock&#8217;s upward momentum continued as the U.S. and China agreed to <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45384348/whats-going-on-with-nvidia-stock-tuesday-2">reduce tariffs</a> on each other&#8217;s goods, providing a boost to tech stocks.
Advanced Micro Devices, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)
AMD&#8217;s shares rose by 4.01%, closing at $112.46. The stock hit an intraday high of $113.13 and a low of $109, with a 52-week range of $76.48 to $187.28. The company launched its&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/25/05/45384346/amd-launches-epyc-4005-chips-for-small-business-and-cloud">EPYC 4005 Series</a>&nbsp;processors, designed for small businesses and cloud services, which contributed to the stock&#8217;s positive performance.
UnitedHealth Group Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>)
UnitedHealth&#8217;s stock plunged by 17.79%, closing at $311.38. The stock&#8217;s intraday high was $342, with a low of $309.10, and a 52-week range of $309.10 to $630.73. In the after-hours trading, the shares rose 2.3%. The company announced a CEO change and <a href="https://www.benzinga.com/25/05/45373368/unitedhealth-stock-plunges-names-new-ceo-suspends-2025-guidance">suspended its 2025 guidance</a>, leading to a significant drop in its stock price.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares increased by 4.93%, closing at $334.07. The stock reached an intraday high of $337.59 and a low of $316.80, with a 52-week range of $157.40 to $488.54. The easing of U.S.-China tariff tensions and&nbsp;<a href="https://www.benzinga.com/news/25/05/45387469/tesla-stock-soars-amid-china-tariff-relief-and-robotaxi-buzz">renewed interest</a>&nbsp;in Tesla&#8217;s robotaxi plans contributed to the stock&#8217;s rise.
Benzinga Edge Stock Rankings place AMD Momentum in the 19th percentile and Growth in the 82nd percentile. How does Nvidia compare? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="445" height="282" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13220944/Screenshot-2025-05-14-at-11.09.27.png" alt="" class="wp-image-914310" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13220944/Screenshot-2025-05-14-at-11.09.27.png 445w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13220944/Screenshot-2025-05-14-at-11.09.27-300x190.png 300w" sizes="(max-width: 445px) 100vw, 445px" /></a></figure>
Photo Courtesy: KeyFame On Shutterstock.com
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
<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">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

PLTR

TSLA

Palantir, Nvidia, AMD, Unitedhealth, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Tuesday, in a post on X, investor and economist Peter Schiff highlighted U.S. 10-Year Treasury yields climbing back to 4.5%, despite the &#8220;trade truce&#8221; with China early this week, while the U.S. dollar &#8220;resumes its broad-based decline.&#8221;
What Happened: &#8220;Despite the trade truce, the world is losing confidence in the dollar and our ability to get our fiscal house in order,&#8221; Schiff said, highlighting structural issues, rather than short-term diplomacy, as driving factors behind recent market behaviors.
Schiff says, &#8220;The consequences of de-dollarization will be profound,&#8221; referring to a potential pivot by foreign central banks and investors away from U.S. debt and currency reserves in recent weeks, leading to high borrowing costs for the U.S. Government. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The yield on 10-year Treasuries is back up to 4.5% as the U.S. dollar resumes its broad-based decline. Despite the trade truce, the world is losing confidence in the dollar and our ability to get our fiscal house in order. The consequences of de-dollarization will be profound.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1922327956925366308?ref_src=twsrc%5Etfw">May 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
10-Year U.S. Treasury Yield hit its highest level in a month at 4.45% on Tuesday, up from 4.17% at the beginning of this month, and 3.99% at the beginning of April. This comes as markets continue to assess the impact of the trade de-escalation with China this week, according to TradingEconomics.
The U.S. Dollar Index (DXY) is flat during the day, trading at 100.95, up 0.001%, while being up 0.72% for the month. The currency witnessed a pullback following a sharp rally on Monday, mainly owing to the soft inflation data, which hints at a rate cut by the Federal Reserve, according to Reuters. 
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45386242/tariffs-paused-but-not-gone-economist-says-inflation-risks-remain">Tariffs Paused, But Not Gone: Economist Says Inflation Risks Remain</a>
Why It Matters: Other analysts and economists have expressed similar concerns. Macro researcher Stephanie Pomboy described Monday's market rally as a &#8220;headline sugar rush&#8221; fueled by tariff optimism, warning that &#8220;the market's partying on tariffs, but the foundation is cracking&#8221; amid <a href="https://www.benzinga.com/25/05/45369770/whos-going-to-buy-2-trillion-worth-of-paper-macro-expert-calls-wall-street-rally-a-headline-sugar-rush-as-treasury-yield-spike-signals-bigger-trouble">rising Treasury yields</a>.
Last week,&nbsp;Michael Hartnett, a Chief Investment Strategist at&nbsp;Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), warned that 5% Treasury yields could <a href="https://benzinga.com/government/regulations/25/05/45317301/5-treasury-yields-could-force-trump-to-slash-tariffs-in-q2-says-bofas-hartnett?_gl=1&#x2A;tvuwqm&#x2A;_gcl_au&#x2A;OTU0MzA1MzE4LjE3NDcwMTIxNDM.&#x2A;_ga&#x2A;R1MyLjEuczE3NDcxMzY3MTkkbzE2JGcxJHQxNzQ3MTM4MzEzJGowJGwwJGgw&#x2A;_ga_V7ZK73W7N0&#x2A;czE3NDcxODQ5NDAkbzE0JGcxJHQxNzQ3MTg1Mjk1JGowJGwwJGgw">compel the U.S. Government</a> to walk on its protectionist trade measures. 
Analysts at Deutsche AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DB#NYSE">DB</a>) early last month referred to the <a href="https://www.benzinga.com/markets/equities/25/04/44756751/full-spectrum-collapse-top-bank-rings-alarm-over-simultaneous-fall-of-us-assets">simultaneous collapse</a> of U.S. equities, the dollar, and Treasury yields as &#8220;uncharted territory,&#8221; which they blamed squarely on markets having &#8220;lost faith in U.S. assets.&#8221;
This comes as the U.S. Treasury Department <a href="https://www.benzinga.com/news/25/05/45204657/us-treasury-ramps-up-borrowing-needs-to-514-billion-marking-a-surprising-320-jump-from-its-previous-forecast">ramps up its borrowing</a>, projecting $514 billion in net marketable debt being issued during the current quarter, which is a staggering 317% over its own forecasts two months earlier, at $123 billion.
Price Action: Photo Courtesy: Jason Raff on Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45394972/sp-500-turns-positive-on-the-year-flashes-quite-rare-and-rather-bullish-signal">S&amp;P 500 Turns Positive On The Year, Flashes &#8216;Quite Rare And Rather Bullish&#8217; Signal</a></li>
</ul>

Bonds

Peter Schiff Says Trade Truce Aside, The World Is 'Losing Confidence' In Dollar And In US Ability To Put 'Fiscal House In Order'

Leading cryptocurrencies rose Tuesday, as softer-than-expected consumer inflation bolstered risk appetite.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.41%</td>
<td>$103,877.58</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+8.92%</td>
<td>$2,688.48</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+5.85%</td>
<td>$0.2396</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin nearly reached $105,000 late afternoon before reversing course to the mid-$103,000s.
Ethereum breached $2,700 for the first time since Feb. 25, helped by a 9% rally over the last 24 hours.
Ethereum's market dominance increased further to 9.6%, while Bitcoin's pie shrank to 61%
The rally eroded over $240 million in bearish bets in the last 24 hours, while the total liquidations shot up to $387 million.
Bitcoin's Open Interest rose 0.87% in the last 24 hours, although bets against the cryptocurrency in the Binance derivatives market increased to 59% of the total.
The magnitude of the "Greed" sentiment increased from 70 to 73, according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Ethena (ENA)</td>
<td>+19.92%</td>
<td>$0.456</td>
</tr>
<tr>
<td>Pi (PI)</td>
<td>+17.10%</td>
<td>$1.30</td>
</tr>
<tr>
<td>The Graph (GRT)</td>
<td>+10.73%</td>
<td>$0.1303</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.38 trillion, following an increase of 2.32% in the last 24 hours.
Major stock indexes extended their gains Tuesday. The S&amp;P 500 rose 0.72% to close at 5,886.55, while the tech-heavy Nasdaq Composite gained 1.61% to end at 19,010.08. The Dow Jones Industrial Average was the outlier, losing 269.67 points, or 0.64%, to end at 42,140.43.
Investors parsed April's <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45374267/inflation-eases-in-april-as-trumps-tariffs-dont-push-prices-higher">softer-than-expected Consumer Price Index data</a>, which suggested that President Donald Trump&#8217;s tariff measures didn't have an immediate impact on the cost of living.&nbsp;
The risk-on sentiment has also improved after the U.S. and China <a href="https://www.benzinga.com/government/regulations/25/05/45347089/wall-street-rips-higher-as-tariff-truce-halts-us-china-economic-escalation">agreed to slash their retaliatory tariffs</a>.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Cryptocurrency analyst and trader Michaël van de Poppe predicted that the reduced inflation would ease investors and potentially lead to the Federal Reserve lowering interest rates.
"The cocktail for Bitcoin to go ballistic is getting there," he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Pretty good read today from the CPI. Lower than expected. Inflation is calming down and that would ease investors a little bit, this would also signal that the FED can lower interest rates. The cocktail for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> to go ballistic is getting there.
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1922356669394423920?ref_src=twsrc%5Etfw">May 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Chris Kline, the co-founder and COO of Bitcoin IRA, attributed Bitcoin's run past $100,000 partly to the <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45243344/bitcoin-reserve-bill-signed-into-law-by-new-hampshire-governor-granite-state-move-makes-it">strategic reserve race among states</a>.
"The combination of institutional adoption through ETFs and now governmental reserves creates unprecedented demand pressure against Bitcoin&#8217;s mathematically limited supply," Kline said.
He added that governments have recognized the power of holding finite digital assets in an era of unlimited fiat currency.
Photo Courtesy: Antonio Gravante On Shutterstock.com
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
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<li><a href="https://www.benzinga.com/news/global/25/05/45390595/robinhood-shares-jump-nearly-10-following-acquisition-deal-for-wonderfi-whats-going-on">Robinhood Shares Jump Nearly 10% Following Acquisition Deal For WonderFi: What&#8217;s Going On?</a></li>
</ul>

$DOGE

Bitcoin, Ethereum, Dogecoin Pop As Inflation Numbers Softer Despite Trump Tariffs: Analyst Says Cocktail For BTC's 'Ballistic' Rise In The Works

On Tuesday, Cathie Wood&#8216;s Ark Invest made significant moves by selling shares of Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) and Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>). These trades come as both companies experience notable market activity, with Palantir hitting a <a href="https://www.benzinga.com/news/25/05/45383727/palantir-stock-hits-new-all-time-high-on-strong-earnings-macro-tailwinds">new all-time high</a> and Archer Aviation benefiting from positive earnings reports.
The Palantir Trade
Ark Invest&#8217;s Ark Fintech Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#BATS">ARKF</a>) fund sold 4,791 shares of Palantir on Tuesday. This decision follows Palantir&#8217;s impressive market performance, where its stock reached a new peak of $128.03. The trade, made through, was valued at $613,727.
The surge in Palantir shares was driven by strong earnings and favorable macroeconomic conditions, including potential investment opportunities in the Middle East. Palantir&#8217;s recent success has been attributed to its <a href="https://www.benzinga.com/news/25/05/45383727/palantir-stock-hits-new-all-time-high-on-strong-earnings-macro-tailwinds">strategic positioning</a> in the enterprise AI sector, as highlighted by Wedbush Securities&#8217; analyst Dan Ives. Despite its high valuation, Palantir&#8217;s platforms, Gotham and Foundry, continue to attract investor interest.
The Archer Aviation Trade
On the same day, Ark Invest&#8217;s ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) fund sold 523,773 shares of Archer Aviation Inc. Archer&#8217;s stock has been on an upward trajectory following its better-than-expected first-quarter results, which reported a 17-cent loss per share, outperforming analyst expectations of a 28-cent loss. This positive outcome led to multiple analysts reiterating Buy ratings for the company. Archer&#8217;s recent performance is also bolstered by its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45388144/archer-aviations-defense-push-piloted-flight-to-boost-stock-analysts">strategic initiatives in defense and piloted flight</a>, which are expected to enhance its market position.
Archer Aviation stock surged nearly 23% to $11.16 on Tuesday, making Ark's trade worth $5.8 million.
Benzinga Edge Stock Rankings indicate Palantir has Momentum in the 99th percentile and Growth in the 88th percentile. Check out how Archer Aviation stacks up by <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">clicking here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="446" height="278" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13211756/Screenshot-2025-05-14-at-10.17.27.png" alt="" class="wp-image-914274" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13211756/Screenshot-2025-05-14-at-10.17.27.png 446w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13211756/Screenshot-2025-05-14-at-10.17.27-300x187.png 300w" sizes="(max-width: 446px) 100vw, 446px" /></a></figure>
Other Key Trades:
<ul class="wp-block-list">
<li>Illumina Inc (ILMN): Ark&#8217;s ARKK fund purchased 36,495 shares.</li>
<li>Twist Bioscience Corp (TWST): 81,131 shares were bought by the ARKK fund.</li>
<li>CRISPR Therapeutics AG (CRSP): The ARKK fund acquired 53,212 shares.</li>
<li>GitLab Inc (GTLB): Ark&#8217;s ARKW fund added 34,607 shares to its holdings.</li>
<li>Nextdoor Holdings Inc (KIND): The ARKW fund bought 177,492 shares.</li>
</ul>
Photo Courtesy: viewimage on Shutterstock.com
Read Next: 
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<li><a href="https://benzinga.com/markets/equities/25/05/45344525/mark-cuban-slams-charlie-kirk-over-drug-price-debate-says-pbms-not-big-pharma-are-the-real-villa" target="_blank" rel="noreferrer noopener">Mark Cuban Slams Charlie Kirk Over Drug Price Debate, Says PBMs — Not Big Pharma — Are The Real Villains: &#8216;For Your Company&#8230;Ask Your PBM For A List Of Claims&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ACHR

ARKF

ARKK

Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation

<a href="https://www.cnbc.com/2025/05/14/samsung-electronics-to-acquire-flaktgroup.html" title="https://www.cnbc.com/2025/05/14/samsung-electronics-to-acquire-flaktgroup.html">https://www.cnbc.com/2025/05/14/samsung-electronics-to-acquire-flaktgroup.html</a>

SSNLF

'Samsung Electronics To Acquire Heating And Cooling Solutions Provider Fläktgroup For €1.5 Billion' - CNBC

President Donald Trump made a significant diplomatic gesture towards Iran on Tuesday, expressing hope for improved relations in the Middle East. This comes as he lauds the transformative efforts of Saudi Arabia, Qatar, and the United Arab Emirates in turning their capitals into thriving commercial centers.
What Happened: Trump, speaking at a U.S.-Saudi investment forum in Riyadh, extended an &#8220;olive branch&#8221; to Iran while expressing optimism about the Middle East&#8217;s future, <a href="https://thehill.com/homenews/administration/5297854-trump-extends-olive-branch-to-iran-with-stern-warning/">The Hill</a> reported. Trump praised leaders from Saudi Arabia, Qatar, and the United Arab Emirates for transforming their capitals into commercial hubs.
Trump expressed his &#8220;fervent hope&#8221; for Saudi Arabia to eventually normalize relations with Israel. The president, who aims to be seen as a global peacemaker, adopted a softer tone toward Iran as his administration seeks a nuclear deal with Tehran. 
&#8220;As I have shown repeatedly, I am willing to end past conflicts and forge new partnerships for a better and more stable world,&#8221; Trump stated.
Trump emphasized his willingness to negotiate, saying, &#8220;I&nbsp;want to make a deal&nbsp;with Iran. If I can&nbsp;make a deal with Iran, I&#8217;ll be very happy.&#8221; However, he warned that if Iran&#8217;s&nbsp;leadership rejects this olive branch&nbsp;and continues aggressive actions, the U.S. would apply &#8220;massive, maximum pressure.&#8221;
According to The Hill, Trump noted that the offer to Iran &#8220;will not last forever.&#8221; Recent talks between U.S. and Iranian officials have focused on Tehran&#8217;s nuclear program. Trump criticized the Biden administration and Iranian leaders, accusing them of misusing resources for terrorism.
See Also: <a href="https://benzinga.com/news/events/25/04/44971154/trump-fails-to-impress-americas-young-shows-poll-as-they-still-favor-biden-only-15-think-us-on-right-track" target="_blank" rel="noreferrer noopener">Trump Fails To Impress America&#8217;s Young, Shows Poll As They Still Favor Biden — Only 15% Think US On Right Track</a>
Why It Matters: The backdrop to Trump&#8217;s outreach includes recent developments in U.S.-Iran relations. In April, Iran indicated a willingness to <a href="https://www.benzinga.com/news/25/04/44758747/iran-signals-openness-to-nuclear-talks-with-us-warns-against-trumps-aggressive-theatrics">engage in nuclear talks</a> with the U.S., despite cautioning against Trump&#8217;s &#8220;aggressive theatrics.&#8221;
This diplomatic overture coincides with Trump&#8217;s announcement of a <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45390422/trump-unveils-historic-and-transformative-600-billion-saudi-deal-predicts-markets-will-go-a-lot-higher">historic $600 billion investment</a> commitment from Saudi Arabia into the U.S., signaling a &#8220;golden era&#8221; of economic cooperation. 
Additionally, Trump&#8217;s visit to Saudi Arabia has sparked speculation about a <a href="https://www.benzinga.com/markets/equities/25/05/45336122/trump-eyeing-nuclear-deal-with-saudi-arabia-china-and-russia-watch-closely">potential nuclear agreement</a> between the U.S. and Riyadh.
Photo Courtesy: Joshua Sukoff On Shutterstock.com
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

General

Trump Makes Peace Gesture At Iran Amid Middle East Optimism: 'Willing To End Past Conflicts And Forge New Partnerships'

Most people don't look at their house, imagine it in flames, and think, "Eh, I'll just write a check." But Charlie Munger wasn't most people.
In one of his final public appearances—just months before his death at age 99—the longtime vice chairman of Berkshire Hathaway made a comment that raised eyebrows, especially considering the business he helped run. "Once I got rich, I stopped carrying fire insurance on houses," Munger said during the <a href="https://www.cnbc.com/2023/02/15/charlie-munger-discusses-investing-at-the-daily-journal-annual-meeting.html">2023 Daily Journal shareholder meeting</a>. "I just self-insure."
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It was a surprisingly personal stance from the longtime vice chairman of Berkshire Hathaway, a conglomerate that <a href="https://www.berkshirehathaway.com/subs/sublinks.html">owns some of the biggest insurance businesses</a> in the country—Geico, General Re, Berkshire Hathaway Specialty Insurance, and more.&nbsp;
Still, Munger was unapologetic. "I'd rather tell it the way it is than tell it in a way that helps Berkshire," he said. "Even though it's bad for Berkshire, I want to tell you: if you can afford to self-insure, self-insure."
He clarified that he wasn't just talking about fire insurance. "In my own life, I'm a big self-insurer, and so is Warren," he said. "Why would you want to fool around with a claims process and all kinds of things?" His point was simple: if you're wealthy enough to absorb the loss, bypass the middlemen, avoid the red tape, and deal with problems directly.
Trending: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
That's not to say Munger was advocating recklessness. He emphasized that the decision to self-insure only makes sense if you can comfortably handle the expense. "You should insure against things you can't afford to pay for yourself," he said. "But if you can afford to take the bumps… why would you want to fool around with some insurance company?"
And it's <a href="https://www.bankrate.com/insurance/homeowners-insurance/home-insurance-required/">not an option for most people</a>. If you have a mortgage, insurance isn't just recommended—it's required by lenders. Even homeowners who own their property outright might still be subject to homeowners association regulations or local ordinances that mandate certain types of coverage. In many cases, self-insurance isn't just risky—it's off the table entirely.
Munger knew he <a href="https://www.benzinga.com/personal-finance/25/02/43700703/to-pay-28000-a-year-in-insurance-for-a-2000-square-foot-condo-is-ridiculous-suze-orman-shares-how-she-self-insures">had the resources to take on the risk</a>. "If your house burned down, I would just write a check and rebuild it," he said. And while that line might sound cavalier, it's really just an extension of how he viewed efficiency. He saw traditional insurance as a system bogged down by fraud, fees, and friction—and if you didn't need it, why get tangled in it?
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So, should you self-insure? That's a personal decision, and it's a risk. Munger's approach worked for him because he could afford for something to go wrong—and because he was willing to accept the consequences if it did. But unless you're ready to pay for the full cost of disaster, both financially and emotionally, insurance might still be worth the hassle.
It's a philosophy grounded in pure Munger logic: eliminate what's wasteful, do what's rational, and ignore the noise. Just make sure, before you follow in his footsteps, that you <a href="https://www.benzinga.com/money/are-you-rich">can actually afford the walk</a>.
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Personal Finance

Billionaire Charlie Munger Said He Dropped Insurance After Getting Rich — 'All Intelligent People Self-Insure' If They Can Afford It

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Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) has outperformed the market over the past 10 years by 11.29% on an annualized basis producing an average annual return of 21.95%. Currently, Palo Alto Networks has a market capitalization of $127.13 billion. 
Buying $1000 In PANW: If an investor had bought $1000 of PANW stock 10 years ago, it would be worth $7,303.62 today based on a price of $192.01 for PANW at the time of writing.
<h3>Palo Alto Networks's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747179917_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PANW

$1000 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) has outperformed the market over the past 5 years by 9.6% on an annualized basis producing an average annual return of 24.34%. Currently, Carvana has a market capitalization of $39.27 billion. 
Buying $1000 In CVNA: If an investor had bought $1000 of CVNA stock 5 years ago, it would be worth $3,162.75 today based on a price of $292.33 for CVNA at the time of writing.
<h3>Carvana's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747179011_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CVNA

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

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