MP Materials (NYSE:MP) 주식

MP Materials

MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.

Trading,Chart,Displayed,On,The,Screen,Of,The,Laptop.,Stock

Equities

News

Markets

APLD

PLTR

RKLB

TSLA

월요일(14일) 미국 증시는 긍정적인 모습이었다. 나스닥 종합지수는 0.6% 상승하여 16,831.48포인트에 마감했다. S&amp;P 500도 0.80% 상승하여 5,405.97포인트에 마감했다. 다우존스는 0.8% 상승하여 40,524.79포인트에 도달했다.

월요일 주목받은 주식: 팔란티어, MP머티리얼즈, 어플라이드 디지털, 로켓랩 및 테슬라

Plug Power hardware.

Mid Cap

Movers

Trading Ideas

CPRI

NARI

PAYX

PLUG

PYCR

SWTX

이들 11개 중형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 이나리 메디컬(NASDAQ:NARI)의 주식은 스트라이커(NYSE:SYK)이 주당 80달러 또는 약 49억 달러의 지분 가치를 제시하며 회사를 인수하기로 합의한 후 53.07% 급등했다.

플러그 파워, 카프리 및 프론트라인은 지난주 최대 상승한 중형주 (1월 6일-10일)

Xpeng g6 SUV

BILI

XPEV

지난주, 중국 중앙은행이 은행의 지급준비율(RRR)을 50bp(베이시스 포인트) 또는 0.5%포인트 인하하기로 발표하면서 미국에 상장된 중국 기업들의 주가가 전반적으로 상승했다.

중국 주식이 우세 - 빌리빌리와 샤오펑은 지난주 최고 성과를 보여준 7개 중형주 중 일부 (9월 23일-9월 27일)

MP Materials Corp

Blackrock MuniYield Pennsylvania Quality Fund Common Stock

Blackrock Muniyield Pennsylvania Quality Fund

Motorcar Parts of America, Inc. - Common Stock

Motorcar Parts of America Inc

Micropac Industries, Inc. Com.

Mobetize Corp Com

Mid Penn Bancorp Inc

Marathon Petroleum Corporation Common Stock

Marathon Petroleum Corp

Partisia Blockchain - United States Dollar

MOUNTAIN PACIFIC BANCORP by Mountain Pacific Bancorp Inc.

Mountain Pacific Bancorp Inc

METRO PACIFIC INVST CORP by Metro Pacific Investments Corp.

MAPLETREE PANASIA REIT by MAPLETREE PANASIA COML TR

Mapletree Pan Asia Commercial Trust

InnovaCom Inc

M.P. EVANS GROUP PLC ORD by M.P. Evans Group PLC

M P Evans Group PLC

Mapfre SA

PageGroup PLC

88mph

MEDIA PAL HOLDINGS CORP by Media Pal Holdings, Corp.

Media Pal Holdings Corp

CALLITAS HEALTH INC by Callitas Health Inc

MEMPHASYS LTD by MEMPHASYS LTD.

McPhy Energy SA

EMPIRE DIVERSIFIED ENGY by Empire Diversified Energy, Inc.

Empire Diversified Energy Inc

Kairos Minerals Ltd

Maple - United States Dollar

MultiPlan Corp Warrants (01/03/2027)

MPLX LP Common Units Representing Limited Partner Interests

MPLX LP

MPM Technologies Inc

Meituan

Mpact Ltd

MOTION PICTURE GRP INC by Motion Picture Group, Inc. (The)

Motion Picture Group Inc

Monarch ProCap Index ETF

RevoluGROUP Canada Inc

MorphoSys AG

M-Tron Industries Inc

MERLIN PRPRTS SOCIM U/ADR by Merlin Properties Socimi SA

Merlin Properties SOCIMI SA

Mega Matrix Inc

Barings Participation Investors Common Stock

Barings Participation Investors

MOUNTAIN PROVINCE DIAMNDS by Mountain Province Diamonds Inc.

Mountain Province Diamonds Inc

MP VENTURES INC by MP Ventures, Inc.

Medical Properties Trust, Inc. common stock

Medical Properties Trust Inc

Monolithic Power Systems, Inc. - Common Stock

Monolithic Power Systems Inc

Marine Products Corp

MPX INTL CORP by MPX International Corporation

MPX International Corp

Mips AB

MPC CONTAINER SHIPS AS by MPC Container Ships AS

MPC Container Ships ASA

Despite a more uncertain outlook, the Company has made no changes to its investment plans or capital return priorities. Capex in 2025 is projected to be within the range of $4.5-$5.0 billion, including $1.4-$1.5 billion on our strategic growth projects and $0.3-$0.4 billion on projects related to decarbonization. The outlook for free cash flow remains positive in 2025 and beyond; cash flow in 2025 is expected to be supported by working capital optimization; and the completion of the Company's strategic growth projects is expected to support structurally higher EBITDA and investable cash flow in the coming periods. Given this positive outlook, and in line with its defined capital return policy, the Company has initiated a new long-term share buyback program, with the first tranche of 10 million shares commencing on April 7, 2025.

Earnings

Guidance

ArcelorMittal Reaffirms 2025 Outlook: Plans $4.5-$5B Capex, Including $1.4B-$1.5B For Growth & $300M-$400M For Decarbonization

Mark Zuckerberg says America's edge in artificial intelligence could erode unless it matches China's rapid build-out of data-center power and factory-scale hardware. 
What Happened: Speaking on the Dwarkesh Podcast, the billionaire founder warned that "the U.S. really needs to focus on streamlining the ability to build data centers and produce energy. Otherwise, we'll be at a significant disadvantage."
Zuckerberg's comments came during a comparison of Meta's <a href="https://www.benzinga.com/markets/25/04/44661561/mark-zuckerbergs-meta-unveils-latest-llama-4-ai-models-to-challenge-openais-chatgpt-4-and-googles-gemini">newly announced</a> Llama 4 family with Huangzhou-based DeepSeek's R1. This open-source model <a href="https://www.benzinga.com/markets/asia/25/04/44932492/is-deepseeks-threat-overrated-a-comprehensive-analysis">stunned researchers</a> this spring by rivaling larger Western systems despite running on export-restricted chips.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Mark Zuckerberg – Meta's AGI Plan" width="500" height="281" src="https://www.youtube.com/embed/rYXeQbTuVl0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
See also: <a href="https://www.benzinga.com/news/25/04/45090231/elon-musk-says-will-come-as-a-surprise-to-most-as-chinas-economy-surpasses-us-and-eu-amid-rising-tariffs-and-growing-recession-fears">Elon Musk Says Will Come As A &#8216;Surprise To Most&#8217; As China&#8217;s Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears</a>
China, he noted, compensates for U.S. curbs on high-end Nvidia processors by pouring engineers into low-level code tweaks. "DeepSeek basically had to spend a bunch of their calories doing infrastructure optimizations that the American labs didn't have to do," he said.
Those workarounds produced strong text performance, but at a cost, Zuckerberg argued: R1 remains text-only, while Llama 4 is multimodal, handling images and voice. "We're basically in the same ballpark on all the text stuff … but with a smaller model, so the cost-per-intelligence is lower," he said. "On the multimodal side we're effectively leading."
Why It Matters: Zuckerberg&#8217;s comments highlight how Washington's <a href="https://www.benzinga.com/government/regulations/25/01/42897081/nvidia-and-ai-chip-stocks-brace-for-impact-as-biden-administration-considers-new-china-export-ban-report">chip export controls</a> are reshaping the AI race. While the rules slow Chinese access to cutting-edge silicon, they also spur aggressive investments in domestic power generation and cloud capacity — a drive Zuckerberg says U.S. regulators must match to keep pace.
Meanwhile, Bernstein analysts believe banning Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) chips won't stop China's artificial intelligence development, who suggest the export restrictions <a href="https://www.benzinga.com/government/regulations/25/04/44971572/nvidia-chip-ban-wont-stop-chinas-ai-momentum-say-analysts-blocking-h20-would-hand-market-to-huawei-amid-trump-era-export-crackdown">could instead strengthen</a> the likes of Huawei Technologies. Huawei is expected to <a href="https://www.benzinga.com/25/02/43945751/huawei-boosts-ai-chip-production-despite-taiwan-semi-and-asml-ban-aims-to-challenge-nvidia-in-china?utm_source=chatgpt.com" target="_blank" rel="noreferrer noopener">mass-ship its 910C AI chip</a> as early as next month. According to Reuters, the chip matches Nvidia's H100 performance by integrating two 910B processors into a single package.
Photo Courtesy: Frederic Legrand &#8211; COMEO on Shutterstock.com
Read next: <a href="https://www.benzinga.com/general/entertainment/25/04/45090328/spotify-defends-11-99-price-tag-but-executive-says-raising-prices-is-now-part-of-our-toolbox-can-music-escape-the-inflation-gauntlet">Spotify Defends $11.99 Price Tag, But Executive Says Raising Prices Is Now &#8216;Part Of Our Toolbox&#8217; — Can Music Escape The Inflation Gauntlet?</a>

Tech

NVDA

Mark Zuckerberg Warns Of 'Serious Disadvantage' As China's Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs

Outlook&nbsp;
<ul>
<li>Organic capital expenditures&#x2A; are estimated at USD 13 billion for 2025 1.&nbsp;</li>
<li>Oil &amp; gas production for 2025 is estimated to grow 4% compared to 2024 level [6].</li>
<li>Equinor's ambition is to keep the unit of production cost in the top quartile of its peer group.&nbsp;</li>
<li>Scheduled maintenance activity is estimated to reduce equity production by around 30 mboe per day for the full year of 2025.</li>
</ul>

EQNR

Equinor Estimates $13B Capital Expenditure For 2025, Forecasts 4% Oil & Gas Production Growth And Sees Maintenance Curbing Output By ~30 mboe/d

The Donald Trump administration is reportedly considering sweeping changes to Joe Biden-era restrictions on AI chip exports.
What Happened: Trump officials are weighing a significant overhaul of the Framework for Artificial Intelligence Diffusion, a rule issued in January by the U.S. Commerce Department under former President Joe Biden, reported Reuters on Tuesday, citing three sources familiar with the matter.
The rule currently splits the world into three tiers to determine how many advanced AI chips countries can access. Tier 1 nations, including 17 allies and Taiwan, have unlimited access. Tier 2 countries—about 120 in total—face caps, while Tier 3 nations like China, Russia and North Korea are completely blocked.
As per the report, the Trump administration is considering replacing this tiered structure with a global licensing regime, which would rely on individual government-to-government agreements to manage chip exports.&nbsp;
See Also:&nbsp;<a href="https://benzinga.com/25/04/45003790/mark-cuban-slams-amazon-for-ripping-off-american-sellers-as-tariffs-are-predicted-to-boost-ecommerce-brands-profi" target="_blank" rel="noreferrer noopener">Mark Cuban Slams Amazon For ‘Ripping Off American Sellers&#8217; As Trump Tariffs Are Predicted To Boost Ecommerce Brands&#8217; Profits</a>
"There are some voices pushing for elimination of the tiers," said former Commerce Secretary under Trump, Wilbur Ross, on Tuesday. "I think it's still a work in progress."
Another change under discussion includes lowering the exemption threshold for chip orders. Currently, purchases under the equivalent of 1,700 Nvidia Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H100 chips don't require a license—only notification.
The Trump team is reportedly considering cutting that threshold to 500.
Why It's Important: Commerce Secretary Howard Lutnick previously signaled openness to using export controls in trade negotiations, aligning with Trump's broader foreign policy strategy of leveraging U.S. assets in bilateral deals.
Earlier this week, Zhao Chenxin, vice chairman of China's National Development and Reform Commission (NDRC), said he is <a href="https://www.benzinga.com/markets/25/04/45033463/as-china-downplays-trump-tariffs-with-5-growth-target-top-economist-warns-of-90-chance-of-a-us-recession-amid-trade-war">"fully confident" that they will achieve</a> their 5% growth target for 2025, despite increasing economic headwinds and analyst warnings of a potential slowdown.
Meanwhile, Torsten Slok, chief economist at Apollo Global Management, an American asset management fund, has estimated a "90% chance" of recession if current tariff levels persist—echoing <a href="https://www.benzinga.com/news/25/04/45090231/elon-musk-says-will-come-as-a-surprise-to-most-as-chinas-economy-surpasses-us-and-eu-amid-rising-tariffs-and-growing-recession-fears">growing concerns among global</a> financial experts.
Nvidia&#8217;s growth score ranks in the 94th percentile, according to Benzinga Edge Stock Rankings. Want to see how other chipmakers stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to explore the full list</a>.
Photo Courtesy: Hepha1st0s/ Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/trading-ideas/movers/25/04/45029805/what-caused-sam-altman-founded-world-network-token-to-soar-57-in-a-week" target="_blank" rel="noreferrer noopener">What Caused Sam Altman-Founded World Network Token To Soar 57% in a Week? What Caused Sam Altman-Founded World Network Token To Soar 57% in a Week?</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Government

Media

Trump Administration Targets Biden-Era AI Chip Curbs, Could Scrap Country Tiers And Tighten Access To Nvidia's H100 Chips: Report

Economist Peter Schiff criticized President Donald Trump on Tuesday for reportedly pressuring Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos to abandon plans that would show consumers the cost of tariffs on product prices.
What Happened: &#8220;Apparently, Trump called Bezos personally to &#8216;convince&#8217; him not to honestly inform consumers about the taxes they&#8217;re paying when they buy goods on Amazon,&#8221; Schiff wrote on X. &#8220;I don&#8217;t like this at all. This is the type of stuff you might expect to see in China, our supposed enemy in the trade war.&#8221;
Schiff defended Amazon&#8217;s <a href="https://www.benzinga.com/media/25/04/45086459/amazon-pressures-suppliers-for-discounts-may-show-tariff-related-costs-on-haul-site">reported consideration to display tariff costs</a>, arguing that &#8220;consumers have a right to know how much tax they are paying&#8221; and questioning the White House&#8217;s characterization of such transparency as a &#8220;hostile and political act.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Apparently, Trump called Bezos personally to &quot;convince&quot; him not to honestly inform consumers about the taxes they&#39;re paying when they buy goods on Amazon. I don&#39;t like this at all. This is the type of stuff you might expect to see in China, our supposed enemy in the trade war.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1917254205309382805?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The controversy emerged after reports that Amazon might <a href="https://www.benzinga.com/media/25/04/45086459/amazon-pressures-suppliers-for-discounts-may-show-tariff-related-costs-on-haul-site">display tariff costs next to product prices</a>. While Amazon denied plans for its main site, the company acknowledged considering the idea for its Haul website, which sells items under $20.
See Also: <a href="https://www.benzinga.com/news/earnings/25/04/45089879/paypal-says-buy-now-pay-later-users-spend-33-more-make-17-more-transactions-pushes-for-global-rollout">PayPal Says &#8216;Buy Now, Pay Later&#8217; Users Spend 33% More, Make 17% More Transactions—Pushes For Global Rollout</a>
Why It Matters: Trump, who has imposed tariffs of up to 145% on Chinese imports and a 10% minimum tax on goods from other countries, confirmed the call with Bezos, telling reporters, &#8220;Jeff Bezos was very nice. He was terrific. He solved the problem very quickly.&#8221;
White House Press Secretary Karoline Leavitt condemned Amazon&#8217;s potential move as a &#8220;hostile and political act.&#8221;
The disagreement unfolds as Amazon navigates challenges from Trump&#8217;s tariff policies, which analysts at Goldman Sachs expect could affect 6%-12% of the <a href="https://www.benzinga.com/media/25/04/45086459/amazon-pressures-suppliers-for-discounts-may-show-tariff-related-costs-on-haul-site">e-commerce giant&#8217;s operating margins in 2025.</a>
Price Action: Amazon stock closed at $187.39 on Tuesday, down 0.17% for the day. In after-hours trading, the stock slipped further to $186.41, a decline of 0.52%. Year to date, Amazon shares have dropped 14.91%, or $32.83, according to&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Despite demonstrating strong momentum and ranking well on growth metrics, the e-commerce giant faces a negative price trend in the short to long term, according to Benzinga Edge&#8217;s Stock Ranking. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more.</a>
Photo Courtesy: Jonah Elkowitz on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/media/25/04/45089307/trump-says-hes-already-ended-inflation-at-michigan-rally-held-to-mark-100-days-in-office-promises-to-protect-medicare-and-social-security-democrats-plan-senate-ba">Trump Says He&#8217;s &#8216;Already Ended Inflation&#8217; At Michigan Rally Held To Mark 100 Days In Office, Promises To Protect Medicare And Social Security — Democrats Plan Senate Barrage</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AMZN

Trump's Call To Jeff Bezos Over Amazon's Tariff Display Earns Peter Schiff's Ire: 'Type Of Stuff You Might Expect To See In China'

ArcelorMittal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>) reported quarterly earnings of $1.05 per share which beat the analyst consensus estimate of $0.69 by 52.17 percent. This is a 9.48 percent decrease over earnings of $1.16 per share from the same period last year. The company reported quarterly sales of $14.80 billion which missed the analyst consensus estimate of $15.23 billion by 2.86 percent. This is a 9.11 percent decrease over sales of $16.28 billion the same period last year.

Earnings Beats

Earnings Misses

ArcelorMittal Q1 Adj. EPS $1.05 Beats $0.69 Estimate, Sales $14.80B Miss $15.23B Estimate

Equinor will after the annual general meeting 14 May 2025 commence the second tranche of up to USD 1,265 million of the share buy-back programme for 2025, as announced in relation with the first quarter results 30 April 2025.
Execution of share buy-back under the tranche is subject to renewal of a board authorisation for share buy-back from the annual general meeting 14 May 2025 and agreement with the Norwegian State regarding share buy-back.
In this second tranche of the share buy-back programme for 2025, shares for up to USD 417.5 million will be purchased in the market, implying a total second tranche of up to USD 1,265 million including shares to be redeemed from the Norwegian State. The tranche will end no later than 21 July 2025.

Buybacks

Equinor Launches Second $1.26B Tranche In $5B 2025 Buyback Program; Market Purchases To Reach $417.5M, Includes Deal With Norwegian State

Cryptocurrency bettors saw high chances of a military conflict between Asian neighbors India and Pakistan as tensions rose sharply following a deadly attack on civilians on the Indian side of Kashmir.
What happened: Odds that India initiates military action against Pakistan before June <a href="https://polymarket.com/event/india-military-action-against-pakistan-before-june">jumped </a>past 80% on the decentralized prediction market, Polymarket, on Tuesday. Nearly $350,000 has been wagered on the outcome&nbsp;
This market will resolve to &#8220;Yes&#8221; if India launches a military operation on Pakistani soil, airspace, or maritime territory, or any Pakistani embassies or consulates before June 1. Small fire exchanges along the disputed border won't qualify as military action.
Note that the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>)-based betting platform can't be accessed by U.S. residents due to regulatory restrictions.
The platform has faced criticism in the past for launching betting events that <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41110897/ethereum-creator-vitalik-buterin-bats-for-polymarkets-model-amid-concerns-over-betting-on-">aim to profit from conflicts and wars</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/25/04/44971891/sec-teams-up-with-nayib-bukele-led-el-salvador-for-a-crypto-regulatory-sandbox">SEC Zooms In On Nayib Bukele-Led El Salvador&#8217;s Crypto Regulation Model</a>
Why It Matters: The jump in odds comes after Pakistan's Defense Minister Khawaja Muhammad Asif said India's attack was "imminent" during an interview with Reuters.&nbsp;
Moreover, Indian Prime Minister Narendra Modi gave the Indian military complete freedom to decide on the mode, targets, and timing of their attack, <a href="https://timesofindia.indiatimes.com/india/decide-on-targets-mode-timing-pm-modi-gives-complete-freedom-to-forces-to-avenge-pahalgam/articleshow/120734353.cms">according </a>to The Times of India.
Tensions have risen between South Asia&#8217;s two nuclear-armed countries after gunmen killed at least 26 tourists and injured several others in Jammu and Kashmir last week. India accuses Pakistan of supporting the attackers, while the latter has denied any participation.
Photo Courtesy: xbrchx On Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44971214/solana-staking-etf-surges-18-in-debut-week-heres-how-much-cathie-woods-ark-invest-has-parked-in-it">Solana Staking ETF Surges 18% In Debut Week—Here&#8217;s How Much Cathie Wood&#8217;s Ark Invest Has Parked In It</a></li>
</ul>

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

Cryptocurrency

$POL

Nuclear-Armed India, Pakistan Heading For Conflict Again? Polymarket Bettors Think Yes Amid Pak Minister's 'Imminent' Attack Remark

Coffeehouse chain, Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), is making a case for its resilience amid the slowdown, rising recession risks, and global trade uncertainty. 
What Happened: During Tuesday's <a href="https://www.benzinga.com/news/earnings/25/04/45084597/starbucks-misses-q2-earnings-estimates-ceo-says-optimism-has-turned-into-confidence-i-see-more-opportunity-than-i-imagined">second-quarter earnings</a> call, CEO Brian Niccol addressed concerns about the company&#8217;s past underperformance during downturns, calling Starbucks a &#8220;simple, everyday luxury&#8221; that consumers will continue to enjoy regardless of the economic challenges surrounding them.
Niccol acknowledged that economic downturns will affect the business, but emphasized a proactive approach. &#8220;The best way to go after these things is with your best offense,&#8221; he said, adding that for Starbucks, that means becoming &#8220;a great third place,&#8221; which is a welcoming space beyond home and work.
See More: <a href="https://www.benzinga.com/news/25/04/45090231/elon-musk-says-will-come-as-a-surprise-to-most-as-chinas-economy-surpasses-us-and-eu-amid-rising-tariffs-and-growing-recession-fears">Elon Musk Says Will Come As A &#8216;Surprise To Most&#8217; As China&#8217;s Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears</a>
Niccol pointed to Starbucks' &#8220;innovation pipeline&#8221; as a key differentiator, saying that it will &#8220;cut through in any environment.&#8221; As part of that effort, the company has launched an aperitivo menu for the afternoon and rolled out several new products aligned with evolving consumer preferences during the quarter.
Starbucks reported its fifth consecutive quarterly decline in same-store sales on Tuesday, with U.S. sales down 2% and global sales falling 1%. In response, the company is undergoing a broader transformation under an initiative dubbed "Back to Starbucks," aimed at reviving its <a href="https://www.benzinga.com/news/24/12/42609868/starbucks-workers-plan-strike-in-la-chicago-seattle-on-christmas-eve-amid-holiday-rush">core coffeehouse culture</a>.
Why It Matters: Analysts, however, are skeptical of the company&#8217;s resilience in the face of macro headwinds, with Guggenheim analyst Gregory Francfort stating on Tuesday, that being <a href="https://www.benzinga.com/trading-ideas/movers/25/04/45087119/analyst-warns-starbucks-faces-growing-risks-from-competition-costs-and-global-tensions">a discretionary purchase</a>, Starbucks can come under pressure if consumer conditions deteriorate.
Others, such as Andy Barish from Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>) believe that the <a href="https://benzinga.com/general/restaurants/25/04/45052970/starbucks-q2-earnings-preview-will-results-show-turnaround-progress">company&#8217;s turnaround</a> and recovery will take some time.
The stock came <a href="https://benzinga.com/25/04/44634719/restaurant-stocks-are-getting-cooked-thursday-as-trump-tariffs-rattle-markets">under renewed pressure</a> at the beginning of this month, following President Donald Trump&#8217;s tariffs, given the company&#8217;s outsized exposure to China, with over 7,600 locations in the country.
Price Action: The stock was up 1.13% on Tuesday, but is down 6.51% after-hours, following the company&#8217;s second quarter earnings results on Tuesday evening. 
<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/2025/04/30003445/Screenshot-2025-04-30-at-10.04.06-AM-1024x136.png" alt="" class="wp-image-894024" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/30003445/Screenshot-2025-04-30-at-10.04.06-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/30003445/Screenshot-2025-04-30-at-10.04.06-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/30003445/Screenshot-2025-04-30-at-10.04.06-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/30003445/Screenshot-2025-04-30-at-10.04.06-AM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/30003445/Screenshot-2025-04-30-at-10.04.06-AM.png 1598w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Starbucks scores low across the board in Benzinga&#8217;s Edge Stock Rankings, with an unfavorable price trend in the short, medium, and long terms. For more such insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>.
Photo Courtesy: ChameleonsEye on Shutterstock.com
Read More: <a href="https://www.benzinga.com/media/25/04/45089307/trump-says-hes-already-ended-inflation-at-michigan-rally-held-to-mark-100-days-in-office-promises-to-protect-medicare-and-social-security-democrats-plan-senate-ba">Trump Says He&#8217;s &#8216;Already Ended Inflation&#8217; At Michigan Rally Held To Mark 100 Days In Office, Promises To Protect Medicare And Social Security — Democrats Plan Senate Barrage</a>

Restaurants

SBUX

Starbucks CEO Says Coffee A 'Simple Everyday Luxury' People Would Still Want Amid Mounting Economic Challenges

Equinor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.85 by 22.35 percent. This is a 31.25 percent decrease over earnings of $0.96 per share from the same period last year. The company reported quarterly sales of $29.60 billion which beat the analyst consensus estimate of $25.92 billion by 14.18 percent. This is a 19.40 percent increase over sales of $24.79 billion the same period last year.

Equinor Q1 Adj. EPS $0.66 Misses $0.85 Estimate, Sales $29.60B Beat $25.92B Estimate

Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Google-backed Waymo and Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) have announced a preliminary agreement on Tuesday to explore collaboration on autonomous driving technologies, with a focus on personally owned vehicles, the companies said in a joint release.
What Happened: The strategic partnership aims to combine Waymo&#8217;s autonomous driving expertise with Toyota&#8217;s vehicle manufacturing capabilities to develop a new autonomous vehicle platform. Woven by Toyota will join as a strategic enabler, contributing advanced software and mobility innovation to the project.
&#8220;Toyota is committed to realizing a society with zero traffic accidents and becoming a mobility company that delivers mobility for all,&#8221; said Hiroki Nakajima, Executive Vice President of Toyota Motor Corporation. &#8220;We share a strong sense of purpose and a common vision with Waymo in advancing safety through automated driving technology.&#8221;
Waymo, which currently provides <a href="https://www.benzinga.com/25/04/45001569/waymo-announces-250000-weekly-paid-rides-across-four-us-cities-sundar-pichai-says-personal-ownership-an-option-in-the-future">more than 250,000 fully autonomous paid rides weekly</a> across San Francisco, Los Angeles, Phoenix, and Austin, will bring its substantial operational experience to the partnership. Data shows Waymo vehicles are involved in 81% fewer injury-causing crashes compared to human drivers.
&#8220;Waymo&#8217;s mission is to be the world&#8217;s most trusted driver,&#8221; said Tekedra Mawakana, co-CEO at Waymo. &#8220;This requires global partners like Toyota that share our commitment to improving road safety and expanding accessible transportation.&#8221;
See Also: <a href="https://www.benzinga.com/news/25/04/45090231/elon-musk-says-will-come-as-a-surprise-to-most-as-chinas-economy-surpasses-us-and-eu-amid-rising-tariffs-and-growing-recession-fears">Elon Musk Says Will Come As A &#8216;Surprise To Most&#8217; As China&#8217;s Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears</a>
Why It Matters: The announcement comes as competition intensifies in the autonomous vehicle sector. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is preparing to launch its robotaxi service in Austin this June with 10-20 vehicles, though <a href="https://www.benzinga.com/markets/25/04/44979720/teslas-robotaxi-launch-in-june-will-likely-be-a-non-event-says-gary-black-this-isnt-really-a-test-market-its-an-experiment">some investors remain skeptical</a> about the limited scope of its initial deployment.
Alphabet CEO Sundar Pichai recently highlighted autonomous vehicle personal ownership as &#8220;an option&#8221; in Waymo&#8217;s future during the company&#8217;s <a href="https://www.benzinga.com/25/04/45001569/waymo-announces-250000-weekly-paid-rides-across-four-us-cities-sundar-pichai-says-personal-ownership-an-option-in-the-future">first-quarter of 2025 earnings call</a>, aligning with this new Toyota partnership&#8217;s focus on personally owned vehicles.
The partnership will focus on incorporating aspects of Waymo&#8217;s technology into Toyota&#8217;s vehicles while continuing to develop Toyota&#8217;s proprietary Toyota Safety Sense suite of advanced safety features. Financial terms of the agreement were not disclosed.
Photo Courtesy: Sundry Photography on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45090007/trump-media-says-its-exploring-utility-token-within-truth-digital-wallet-as-part-of-rewards-program">Trump Media Says Its Exploring Utility Token Within Truth Digital Wallet As Part Of Rewards Program</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOG

GOOGL

Google's Waymo Wants To Be The 'World's Most Trusted Driver' And Toyota 'Zero Traffic Accidents' — Both Join Forces To Bring Autonomous Driving Tech To Personal Vehicles

On Tuesday, Spotify Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) defended its $11.99 Premium plan while signaling that future price hikes could be part of its long-term strategy.
What Happened: During <a href="https://www.benzinga.com/25/04/45066980/spotify-grows-subscribers-and-revenue-but-profit-miss-sends-stock-sliding">Spotify&#8217;s first-quarter 2025 earnings</a> call, executives were asked why the platform hasn't raised its price more in the past 19 years, and how much room is there to raise it going forward.
In response, CEO Daniel Ek said that in the beginning, Spotify focused only on growing its user base, not on making money. Later, they started thinking about how to convert free users into paying users. That's when features like Family Plan and Student Plan were added.
&#8220;I still believe there will be more segmentation,&#8221; Ek said, adding, &#8220;But yeah, I think the opportunity is big.&#8221;
Spotify's chief business officer, Alex Norstrom, then added that even after the price increases, Spotify is still seen as one of the best values in entertainment.&nbsp;
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44831264/microsoft-debuts-computer-use-tool-for-copilot-studio-ceo-satya-nadella-says-anyone-can-build-agents-that-take-action-on-the-ui-across-desktop-and-web-apps" target="_blank" rel="noreferrer noopener">Satya Nadella Says Microsoft's New Tool Allows Anyone To Create AI Agents That Click, Type, And Navigate On Your Computer For You</a>
&#8220;When we look at churn, this continues to be quite modest even as we raise prices in different markets. And as we&#8217;ve said many times before, prices are now, price increases are now part of our toolbox,&#8221; he stated.
How Spotify Compares With Its Competitors: Spotify faces stiff competition from rivals like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Music and YouTube Music, a product of Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, all offering similar subscription tiers at comparable price points.
Spotify&#8217;s plans include $5.99 per month for students, $11.99 for individual users, $16.99 for two-person family plans, and $19.99 for families of up to six.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Apple Music's pricing starts at $5.99 per month for students, $10.99 for individual users, and $16.99 for a family plan that supports up to six members.
Apple Music is also part of the Apple One subscription bundle — the Individual plan is priced at $19.95 per month, the Family plan at $25.95 per month, and the Premier plan at $37.95 per month
YouTube Music offers two tiers of pricing—one without YouTube Premium and one bundled with it. 
The standalone YouTube Music subscription costs $5.49 per month for students, $10.99 for individual users, and $16.99 for a family plan covering up to five members.
For users seeking an ad-free video experience as well, the bundled option with YouTube Premium is priced at $7.99 for students, $13.99 for individuals, and $22.99 for families with up to five accounts.
Why It's Important: Spotify posted quarterly earnings of $1.13 per share, falling short of the analyst consensus estimate of $2.33. The company added 3 million monthly active users (MAUs) from the previous quarter, bringing the total to 678 million, meeting its projected guidance.
Earlier this month, a steep drop in <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44764554/consumer-sentiment-crashes-to-3-year-lows-as-inflation-expectations-spike-to-1981-highs">consumer confidence raised red flags</a> across Main Street, as renewed inflation worries and heightened recession risks sparked fears.
However, Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) co-CEO Greg Peters has downplayed those concerns, noting that entertainment has traditionally <a href="https://www.benzinga.com/25/04/44881044/netflix-downplays-recession-fears-amid-market-volatility-triggered-by-trump-tariffs-co-ceo-greg-peters-raves-about-resilient-799-ad-plan-we-havent-seen-any-significant-changes">remained resilient even during</a> periods of economic downturn.
Price Action: Spotify shares have climbed 26.03% so far in 2025 and are up an impressive 101.56% over the past 12 months. However, the stock slipped 3.48% on Tuesday, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
In the Benzinga Edge Stock Rankings, Spotify has a growth score of 9.94% and an outstanding momentum score of 97.52%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against</a> rivals like Apple, YouTube, and others.
Photo Courtesy: Ink Drop on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here&#8217;s ‘The Beauty Of It&#8217; — You Only Have To Do It Once</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Entertainment

AAPL

NFLX

SPOT

Spotify Defends $11.99 Price Tag, But Executive Says Raising Prices Is Now 'Part Of Our Toolbox' — Can Music Escape The Inflation Gauntlet?

A widely followed cryptocurrency analyst forecasted a breakout for Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) toward $1 on Tuesday, based on their analysis of the meme coin&#8217;s weekly chart.
What Happened: In an X post, Trader Tardigrade drew attention to the&nbsp;four completed red candles on the chart, with&nbsp;the current week&#8217;s&nbsp;candle potentially passing through the&nbsp;mid-band, forming a green candle.&nbsp; 
The analyst used the Gaussian Channel indicator, a widely used method to identify potential overbought or oversold conditions. The upper and lower bands of the channel acted as dynamic support and resistance levels.
&#8220;Trendline resistance targets the price near the $1 mark,&#8221; Trader Tartigrade said. Should the prediction come true, it would amount to a 488% upside from DOGE&#8217;s current levels. Note that the cryptocurrency has dipped by over 3% in the last week.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> Weekly Chart with the Gaussian Channel shows four completed red candles, with the current week&#39;s candle potentially passing through the mid-band, forming a green candle. Trendline resistance targets the price near the $1 mark &#x1f680;<a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> <a href="https://t.co/lwjOy3GD1Z">pic.twitter.com/lwjOy3GD1Z</a>
&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1917142577935225056?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trader Tartigrade also outlined how DOGE experienced false breakdowns and breakouts in different ranges. 
&#8220;DOGE has now returned to its current range. Soon, DOGE is expected to break out, potentially sending it higher,&#8221; they added, highlighting the coin&#8217;s previous instance of a breakout following a false break.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> has been moving within different Ranges, experiencing both false breakdowns and breakouts.<a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> has now returned to its current range. &#x1f525; Soon, <a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> is expected to break out, potentially sending it higher &#x1f680; <a href="https://t.co/MBIpHKcDwN">pic.twitter.com/MBIpHKcDwN</a>
&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1917190278739562659?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/45029372/forget-dogecoin-and-shiba-inu-crypto-analyst-sees-this-coin-surging-100" target="_blank" rel="noreferrer noopener">Forget Dogecoin And Shiba Inu — Crypto Analyst Sees This Coin Surging 100% </a>
Meanwhile, the Bull Bear Power indicator, which measures the strength of buyers and sellers, flashed &#8220;Sell&#8221; for DOGE, <a href="https://in.tradingview.com/symbols/DOGEUSD/technicals/">according</a> to TradingView. 
Moreover, DOGE&#8217;s Long/Short ratio was below 1, <a href="https://www.coinglass.com/currencies/DOGE">according </a>to Coinglass, suggesting that a higher number of futures traders were betting against the world&#8217;s largest meme coin.
In other news, Nasdaq <a href="https://listingcenter.nasdaq.com/assets/rulebook/nasdaq/filings/SR-NASDAQ-2025-034.pdf">filed</a>&nbsp;a 19b-4 proposal with the SEC to list and trade shares of a Dogecoin exchange-traded fund by 21Shares, following the S-1 registration earlier in the month. 
Price Action: At the time of writing, DOGE was exchanging hands at $0.1757, down 1.78% 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>. Year-to-date, the cryptocurrency has plummeted 44%.
Photo Courtesy: alfernec on Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/45039243/xrp-is-the-top-altcoin-bet-10x-research" target="_blank" rel="noreferrer noopener">XRP Is The Top Altcoin Bet: 10x Research</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$DOGE

Dogecoin Heading Toward $1? Analyst Predicts Breakout For Meme Coin On Weekly Chart

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk drew attention on Tuesday to economic data showing China&#8217;s economy has significantly outgrown both the United States and European Union when measured by purchasing power parity.
What Happened: &#8220;This comes as a surprise to most people,&#8221; Musk wrote on X, citing data from xAI&#8217;s Grok chatbot indicating China&#8217;s gross domestic product in PPP terms is approximately $35.29 trillion in 2025, compared to $28.78 trillion for the U.S. and $21.99 trillion for the EU.
These figures suggest China&#8217;s economy is 1.23 times larger than America&#8217;s and 1.60 times larger than the EU&#8217;s when adjusted for domestic purchasing power.
The World Bank&#8217;s most recent data supports this trend, showing China as the leading global economy with a PPP-adjusted GDP of approximately $34.66 trillion in 2023, compared to $27.72 trillion for the U.S.
According to International Monetary Fund projections for 2025, China&#8217;s economy is growing at 4% compared to 1.8% for the U.S. China is expected to account for 19.68% of global GDP based on PPP, while the U.S. represents 14.75%.
<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">This comes as a surprise to most people <a href="https://t.co/0UXAuA6BE4">https://t.co/0UXAuA6BE4</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1917039955257528782?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/earnings/25/04/45089879/paypal-says-buy-now-pay-later-users-spend-33-more-make-17-more-transactions-pushes-for-global-rollout">PayPal Says &#8216;Buy Now, Pay Later&#8217; Users Spend 33% More, Make 17% More Transactions—Pushes For Global Rollout</a>
Why It Matters: Musk&#8217;s comments came in response to billionaire investor Ray Dalio&#8216;s warning about <a href="https://www.benzinga.com/news/25/04/45063781/elon-musk-reacts-after-ray-dalio-warns-of-us-decline-says-china-has-already-surpassed-america-as-global-consumption-leader">America&#8217;s declining economic influence</a>. When Dalio suggested the U.S. remains the world&#8217;s primary consumer and debtor, Musk countered, &#8220;China is a much bigger consumer of manufactured goods than the United States. This year, Chinese consumers will buy more cars than America and Europe combined.&#8221;
The exchange highlights shifting global economic power as U.S.-China trade tensions escalate. Recent tariff increases exceeding 100% have led Chinese manufacturers to suspend operations and seek alternative markets, with Goldman Sachs downgrading China&#8217;s GDP <a href="https://www.benzinga.com/markets/equities/25/04/45032435/trump-tariffs-prompt-suspension-of-chinese-factory-operations-and-shift-to-new-markets">growth forecasts to 4.0% for 2025</a>.
Despite these challenges, China&#8217;s NDRC remains &#8220;fully confident&#8221; in meeting its 5% economic growth target for 2025, even as economists like Torsten Slok of Apollo Global Management warn of a &#8220;90% chance&#8221; of U.S. <a href="https://www.benzinga.com/markets/25/04/45033463/as-china-downplays-trump-tariffs-with-5-growth-target-top-economist-warns-of-90-chance-of-a-us-recession-amid-trade-war">recession if current tariffs persist</a>.
Photo Courtesy: bella1105 on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/media/25/04/45089307/trump-says-hes-already-ended-inflation-at-michigan-rally-held-to-mark-100-days-in-office-promises-to-protect-medicare-and-social-security-democrats-plan-senate-ba">Trump Says He&#8217;s &#8216;Already Ended Inflation&#8217; At Michigan Rally Held To Mark 100 Days In Office, Promises To Protect Medicare And Social Security — Democrats Plan Senate Barrage</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Economics

Elon Musk Says Will Come As A 'Surprise To Most' As China's Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears

On Tuesday, major U.S. indexes closed higher, with the Dow Jones Industrial Average climbing 0.75% to 40,527.62, the S&amp;P 500 rising 0.6% to 5,560.83, and the Nasdaq adding 0.55% to finish at 17,461.32.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Super Micro Computer Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
Super Micro Computer&#8217;s stock declined by 3.41%, closing at $36. The stock reached an intraday high of $37.29 and a low of $35.94. Its 52-week high and low are $101.40 and $17.25, respectively. The company reported weak preliminary third-quarter results, attributing the decline to <a href="https://www.benzinga.com/news/earnings/25/04/45086254/super-micro-computer-stock-is-tanking-after-hours-whats-fueling-the-sell-off">delayed customer platform decisions</a> that shifted sales to the fourth quarter. The company expects third-quarter revenue of $5.4 billion to $4.6 billion, which is lower than the previous guidance of $5 billion to $6 billion.
Starbucks Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>)
Starbucks shares rose by 1.13%, closing at $84.85. The stock&#8217;s intraday high was $85.07, with a low of $83.20. Its 52-week high and low are $117.46 and $71.55, respectively. Despite missing second-quarter earnings estimates, the CEO expressed optimism, stating, &#8220;<a href="https://www.benzinga.com/news/earnings/25/04/45084597/starbucks-misses-q2-earnings-estimates-ceo-says-optimism-has-turned-into-confidence-i-see-more-opportunity-than-i-imagined">I see more opportunity than I imagined</a>.&#8221; Second-quarter revenue came in at $8.76 billion, missing the analyst estimates of $8.56 billion. In the after-hours trading, Starbucks shares declined by 6.5% to $79.33.
Snap Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>)
Snap&#8217;s stock increased by 2.94%, closing at $9.09. The stock hit an intraday high of $9.23 and a low of $8.82. Its 52-week high and low are $17.33 and $7.08, respectively. The company reported first-quarter results, surpassing estimates, but the stock slid due to <a href="https://www.benzinga.com/general/social-media/25/04/45084721/snap-hits-900-million-users-beats-q1-estimates-but-stock-slides-on-uncertainty">uncertainty</a> despite reaching 900 million users. In the after-hours trading, shares fell sharply by over 14.4% to $7.78. Revenue for the first quarter was reported at $1.36 billion, beating the Street consensus of $1.35 billion.
Visa Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)
Visa&#8217;s stock rose by 1.19%, closing at $341.52. The stock&#8217;s intraday high was $342.27, with a low of $336.46. Its 52-week high and low are $366.54 and $252.70, respectively. The company&#8217;s second-quarter earnings exceeded expectations, reporting <a href="https://www.benzinga.com/news/earnings/25/04/45083885/visa-shares-move-higher-after-better-than-expected-q2-results-details">earnings of $2.76 per share</a>, which beat the consensus estimate of $2.68.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock climbed by 2.15%, closing at $292.03. The stock reached an intraday high of $293.32 and a low of $279.47. Its 52-week high and low are $488.54 and $157.40, respectively. Despite a challenging year for shareholders, short sellers have <a href="https://www.benzinga.com/news/25/04/45084978/teslas-slump-has-been-a-goldmine-for-short-sellers-this-year-theyve-made-11-5-billion-beating-out-nvidias-9-4-billion">profited significantly</a> from Tesla&#8217;s slump, earning $11.5 billion.
Visa or MasterCard. Get <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">the full picture</a> on both stocks with Benzinga Edge Stock Rankings.
<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="443" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29234725/Screenshot-2025-04-30-at-12.47.03.png" alt="" class="wp-image-893988" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29234725/Screenshot-2025-04-30-at-12.47.03.png 443w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29234725/Screenshot-2025-04-30-at-12.47.03-300x190.png 300w" sizes="(max-width: 443px) 100vw, 443px" /></a></figure>
Photo Courtesy: smshoot 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>
<li><a href="https://www.benzinga.com/25/04/45089384/cathie-wood-bets-against-mark-zuckerbergs-meta-ahead-of-crucial-earnings-report-loads-up-on-this-amazon-rival">Cathie Wood Bets Against Mark Zuckerberg&#8217;s Meta Ahead Of Crucial Earnings Report, Loads Up On This Amazon Rival</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>

SMCI

SNAP

Super Micro Computer, Starbucks, Snap, Visa, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Trump Media and Technology Group&nbsp;Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)&nbsp;said Tuesday it was contemplating&nbsp;the launch of a utility token for users accessing its Truth Social ecosystem.
What Happened: In a shareholder letter, TMTG outlined its key products and near-term roadmap, focusing on the Truth Social and Truth+ video streaming platforms.
The company stated it was working on a token within a Truth Digital wallet that could be used to pay for a Truth+ subscription initially and then used to access other products and services in the ecosystem.
TMTG didn&#8217;t immediately return Benzinga&#8217;s request for comment on additional details about the proposed token.
See Also:&nbsp;<a href="https://benzinga.com/25/04/44914780/michael-saylor-warns-leveraging-ethereum-and-solana-could-lead-to-ftx-terra-luna-like-situationcalls-them-balsa-wood-and-clay-bricks-to-bitcoins-steel" target="_blank" rel="noreferrer noopener">Bitcoin Is Steel, Ethereum And Solana Are Balsa Wood And Clay, Warns Michael Saylor—Strategy Chair Says Leveraging ETH, SOL Could Lead To &#8216;Catastrophe&#8217;</a>
Why It Matters: TMTG, co-founded and&nbsp;<a href="https://in.benzinga.com/25/03/44268596/trumps-net-worth-plummets-by-nearly-300m-as-djt-stock-drops-to-its-lowest-since-october" target="_blank" rel="noreferrer noopener">majority-owned by</a> President Donald Trump, has deepened its involvement in the cryptocurrency world lately, most notably through a <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44467984/trump-media-surges-9-in-after-hours-trading-after-announcing-partnership-with-crypto-com-to-launch-made-in-america-focused-etfs-cro-also-rallies">high-profile partnership</a> with cryptocurrency exchange Crypto.com to introduce&nbsp;a series of exchange-traded funds, including ones tracking cryptocurrencies.
Entities linked to Trump and his family have increasingly focused on a crypto-centric business portfolio, with a <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44560290/trump-family-to-dive-into-bitcoin-mining-after-defi-meme-coin-projects">strategic bet </a>on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining, following their <a href="https://www.benzinga.com/news/legal/25/04/45077156/trump-affiliated-world-liberty-financial-defies-ethics-concerns-raises-550-million">foray </a>into decentralized finance with World Liberty Financial and the Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) <a href="https://www.benzinga.com/25/04/45058044/trump-memecoin-dips-after-early-spike-amid-questions-over-private-dinner-event">meme coin</a>.
Price Action: Trump Media stock fell 0.12% in overnight trading after closing 3.29% lower at $24.98 on Tuesday, 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>.&nbsp;Year-to-date, the stock has plunged 26.74%
As of this writing, the DJT stock exhibited a low value score—&nbsp;a metric that evaluates an asset's relative worth by comparing its market price to fundamental measures. In case you&#8217;re looking to pack your portfolio with high-momentum equities, check out&nbsp;<a href="https://www.benzinga.com/screener/top-value-stocks" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s proprietary Edge Rankings score</a> for reference.
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/45074007/ethereum-stuck-around-1800-why-is-eth-not-moving" target="_blank" rel="noreferrer noopener">Ethereum Stuck Around $1,800: Why Is ETH Not Moving?</a></li>
</ul>
Photo Courtesy: Rokas Tenys On Shutterstock.com
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>

Politics

$BTC

$TRUMP

Trump Media Says Its Exploring Utility Token Within Truth Digital Wallet As Part Of Rewards Program

PayPal Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) is seeing strong momentum with its "Buy Now, Pay Later" services, with significantly higher user engagement and larger transaction sizes, as it expands the offering globally.
What Happened: During its <a href="https://www.benzinga.com/news/earnings/25/04/45067312/paypal-earnings-beat-but-slower-spending-and-checkout-use-weigh-on-results">first quarter earnings</a> on Tuesday, PayPal highlighted key developments in its Buy Now, Pay Later (BNPL) service, a short-term financing option that lets consumers defer payments on purchases, starting with a 0% APR, and no late fees.
BNPL users spend 33% more per transaction than PayPal's overall average of $69.53, the company said. They also complete 17% more transactions than the average of 59.4 per active account over the past 12 months.
See More: <a href="https://www.benzinga.com/25/04/45089384/cathie-wood-bets-against-mark-zuckerbergs-meta-ahead-of-crucial-earnings-report-loads-up-on-this-amazon-rival">Cathie Wood Bets Against Mark Zuckerberg&#8217;s Meta Ahead Of Crucial Earnings Report, Loads Up On This Amazon Rival</a>
Although PayPal launched its BNPL service in 2020, the company credits recent gains to its improved pay sheet that clearly showcases its full range of payment options. The service has also received greater visibility through marketing campaigns, including one featuring actor Will Ferrell.
Despite inherent credit risks tied to BNPL offerings, PayPal CFO Jamie Miller has said that charge-off rates remain stable and are improving. &#8220;In particular with respect to the consumer portfolios, we've actually seen delinquencies over the last 30 days improve,&#8221; Miller said on the earnings call.
The company&#8217;s CEO, Alex Chriss, considers BNPL a key growth lever going forward, with plans for an international rollout this year.
&#8220;We will continue to lean into BNPL throughout this year with targeted consumer awareness campaigns in the U.K. and Germany and continued investment in other priority global markets including Australia, France, Italy, and Spain,&#8221; Chriss said on the call.
Why It Matters: The BNPL market has surged in recent years, with the market <a href="https://www.benzinga.com/markets/equities/24/01/36697045/the-rise-of-buy-now-pay-later-in-2024">expected to touch</a> $1 trillion by 2027, led by PayPal, and its peers such as Affirm Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), Klarna, and AfterPay, which is now owned by Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>).
While analysts have cautioned against <a href="https://benzinga.com/news/25/02/43888952/americans-owe-a-record-1-21-trillion-in-credit-card-debt-expert-warns-theres-no-end-in-sight">rising BNPL debt</a> and overindulgence by consumers in the past, the company&#8217;s steady charge-off rates and low delinquencies have dismissed these concerns.
Price Action: PayPal stock was up 2.14% on Tuesday, but is down 0.26% after-hours, following the company&#8217;s first quarter earnings.
<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/2025/04/29223833/Screenshot-2025-04-30-at-8.08.20-AM-1024x136.png" alt="" class="wp-image-893944" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29223833/Screenshot-2025-04-30-at-8.08.20-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29223833/Screenshot-2025-04-30-at-8.08.20-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29223833/Screenshot-2025-04-30-at-8.08.20-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29223833/Screenshot-2025-04-30-at-8.08.20-AM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29223833/Screenshot-2025-04-30-at-8.08.20-AM.png 1598w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
PayPal doesn&#8217;t fare too well on Benzinga&#8217;s Edge Stock Rankings, with low scores across the board, and unfavorable price trends in the short, medium, and long term. How does it compare with peers such as Affirm and Block? Sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a> to find out.
Photo Courtesy: BigTunaOnline On Shutterstock.com
Read More: <a href="https://www.benzinga.com/personal-finance/25/04/45088278/american-express-says-the-rich-are-still-dining-out-and-living-large-while-everyone-else-braces-for-recession-tariffs-and-skyrocketing-prices">American Express Says the Rich Are Still Dining Out and Living Large — While Everyone Else Braces for Recession, Tariffs, and Skyrocketing Prices</a>

AFRM

PYPL

PayPal Says 'Buy Now, Pay Later' Users Spend 33% More, Make 17% More Transactions—Pushes For Global Rollout

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) develops and supports software, services, devices and solutions worldwide.
It is set to report its Q3 2025 earnings on April 30. Wall Street analysts expect the company to post EPS of $3.22, up from $2.94 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $68.44 billion, up from $61.86 billion a year earlier.
Don't Miss:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
</ul>
<h2 class="wp-block-heading">If You Bought Microsoft Stock 10 Years Ago</h2>
The company's stock traded at approximately $48.03 per share 10 years ago. If you had invested $10,000, you could have bought roughly 208 shares. Currently, shares trade at $391.85, meaning your investment's value could have grown to $81,584 from stock price appreciation alone. However, Microsoft also paid dividends during these 10 years.&nbsp;
Microsoft's dividend yield is currently 0.86%. Over the last 10 years, it has paid about $22.73 in dividends per share, which means you could have made $4,733 from dividends alone.&nbsp;
Summing up $81,584 and $4,733, we end up with the final value of your investment, which is $86,317. This is how much you could have made if you had invested $10,000 in Microsoft stock 10 years ago. This means a total return of 763.17%. In comparison, the S&amp;P 500 total return for the same period was 213.60%.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">What Could The Next 10 Years Bring?&nbsp;</h2>
Microsoft has a consensus rating of "Buy" and a price target of $494.57 based on the ratings of 33 analysts. The price target implies more than 26% potential upside from the current stock price.
On Jan. 29, the company announced its Q2 2025 earnings, posting GAAP EPS of $3.23, beating the $3.11 consensus estimate, as reported by <a href="https://www.benzinga.com/news/earnings/25/01/43320124/microsoft-shares-slide-after-q2-results-cloud-revenue-misses-expectations-details">Benzinga</a>. Quarterly revenue came in at $69.6 billion, above the $68.78 billion analyst consensus estimate.
&#8220;We are innovating across our tech stack and helping customers unlock the full ROI of AI to capture the massive opportunity ahead," said CEO Satya Nadella. &#8220;Already, our AI business has surpassed an annual revenue run rate of $13 billion, up 175% year-over-year.&#8221;
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
Check out this <a href="https://www.benzinga.com/insights/analyst-ratings/25/04/44835690/forecasting-the-future-20-analyst-projections-for-microsoft">article by Benzinga</a> for 20 analysts' projections on Microsoft.
Given the historical stock price appreciation and expected upside potential, growth-focused investors may find Microsoft stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 0.86% and consistent hikes. Microsoft has raised its dividend consecutively for the last 19 years.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
Image: Shutterstock

Personal Finance

MSFT

If You Invested $10K In Microsoft Stock 10 Years Ago, How Much Would You Have Now?

Leading cryptocurrencies were muffled on Tuesday, but stocks rallied on indications that the United States was nearing a deal with a key trading partner.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.77%</td>
<td>$94,494.12</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>+0.03%</td>
<td>$1,803.83</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>-2.30%</td>
<td>$0.1758</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin continued to face resistance around $95,500 as trading volume dipped nearly 15% in the last 24 hours. Ethereum wobbled in the early $1,800 territory, with volumes down 9.63%
More than $180 million was liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting for $120 million.&nbsp;
That said, over $630 million in Bitcoin short positions risked liquidation if the apex cryptocurrency rose to $98,000.
Bitcoin&#8217;s Open Interest dropped 2.27% in the last 24 hours, while more than 57% of Binance traders took short positions on the asset.
The market sentiment remained in "Greed," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Solayer (LAYER)</td>
<td>+9.31%</td>
<td>$3.21</td>
</tr>
<tr>
<td>Monero (XMR)</td>
<td>+4.63%</td>
<td>$272.48</td>
</tr>
<tr>
<td>Bonk (BONK)</td>
<td>+1.29%</td>
<td>$0.6561</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.96 trillion, following a drop of 0.74% in the last 24 hours.
Stocks moved further north on Tuesday. The Dow Jones Industrial Average lifted 300.03 points, or 0.75%, to end at 40,527.62. The S&amp;P 500 gained 0.58% to finish at 5,560.83. The tech-focused Nasdaq Composite added 0.55%, ending at 17,461.32.
On Tuesday, Commerce Secretary Howard Lutnick indicated that the U.S. has reached a <a href="https://www.benzinga.com/news/global/25/04/45082716/manufacturing-momentum-market-mirage-lutnick-dismisses-recession">definite trade deal</a> with an unnamed country. This comes a day after Treasury Secretary Scott Bessent hinted at a potential deal with India
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) got a hiccup ahead of its first-quarter earnings after the <a href="https://www.benzinga.com/trading-ideas/movers/25/04/45067585/amazon-stock-tumbles-as-white-house-calls-tariff-visibility-plans-a-hostile-act">White House deemed "hostile"</a> the e-commerce giant's move to show tariffs on products. That said, the stock recovered nearly all of its initial sell-off at market close.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely followed cryptocurrency analyst Greg Miller was confident Bitcoin would break out from the ascending triangle pattern.
"Price is holding strong, and the setup is clean—$98,300 might be coming sooner than we think," Miller predicted.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> looks ready to break out from this ascending triangle &#x1f4c8; Price is holding strong, and the setup is clean — $98.3k might be coming sooner than we think. Just staying patient and riding the trend. Let's see how this plays out. <a href="https://t.co/9km1G8OauL">pic.twitter.com/9km1G8OauL</a>
&mdash; Greg Miller (@greg_miller05) <a href="https://twitter.com/greg_miller05/status/1917279169739686306?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Chartist and trader Ali Martinez also anticipated a new bull rally for Bitcoin, citing the golden cross between the MVRV Ratio and its 365-day SMA.
MVRV, a shorthand for Market Value to Realized Value, is a ratio used to assess the value of a cryptocurrency by comparing its current market value to its realized value.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A golden cross between the MVRV Ratio and its 365-day SMA could mark the start of a new bull rally for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>. One to watch closely! <a href="https://t.co/BrDrNOfgEY">pic.twitter.com/BrDrNOfgEY</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1917251279472189450?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo: Igor Faun/Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45060872/peter-schiff-calls-out-trump-coin-gala-invite-hunter-biden-is-already-being-outdone">Peter Schiff Calls Out &#8216;TRUMP&#8217; Coin Gala Invite: &#8216;Hunter Biden Is Already Being Outdone&#8217;</a></li>
</ul>

$ETH

Bitcoin, Ethereum Flat, Dogecoin Dips Amid Trade Deal Hopes: Analyst Says BTC Price 'Holding Strong' And Setup Clean For Push To $98,300

On Tuesday, Cathie Wood-led Ark Invest executed notable trades involving Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) , Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Shopify Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>).
The Meta Platforms Trade saw Ark Invest offloading 2,865 shares of Meta Platforms Inc. through its ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>) fund. This move comes ahead of Meta&#8217;s anticipated first-quarter earnings report, where analysts expect the company to <a href="https://www.benzinga.com/general/social-media/25/04/45083272/meta-platforms-q1-earnings-preview-analyst-expects-weak-guidance-will-company-continue-streak-of-revenue-beats">highlight its advancements</a> in artificial intelligence. The Mark Zuckerberg-led company is expected to disclose earnings figures on Wednesday. The sale, valued at approximately $1.6 million coincides with Meta&#8217;s recent launch of a <a href="https://www.benzinga.com/tech/25/04/45075691/meta-launches-ai-app-to-compete-with-chatgpt-gemini-grok">standalone AI app</a> designed to compete with OpenAI&#8217;s ChatGPT and Google&#8217;s Gemini. The stock closed at $554.44, marking a 0.85% increase on the day.
The AMD Trade involved Ark Invest acquiring 7,786 shares of Advanced Micro Devices Inc. through the ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>). The purchase, valued at around $747,923, follows recent market reactions to reports that Huawei has <a href="https://www.benzinga.com/trading-ideas/movers/25/04/45052912/whats-going-on-with-advanced-micro-devices-stock-monday">developed an AI chip</a>. AMD&#8217;s stock saw a slight decline of 0.34%, closing at $96.06. Notably, Ark also <a href="https://www.benzinga.com/25/04/45057303/cathie-wood-chops-palantir-ark-invest-dumps-9-1-million-worth-of-stock-also-sells-meta-and-robinhood-shares">purchased AMD stock</a> worth $3.79 million on Monday.
The Shopify Trade featured Ark Invest purchasing 12,182 shares of Shopify Inc. via the ARKW fund. This transaction, worth approximately $1.2 million, comes <a href="https://www.benzinga.com/markets/25/04/44640798/trump-ends-de-minimis-exemptions-shopify-bigcommerce-and-lightspeed-face-new-headwinds">amid new challenges</a> for e-commerce platforms like Shopify due to changes in trade and tariff policies. On Tuesday, Shopify&#8217;s stock experienced a 0.36% uptick, closing at $98.92.
Other Key Trades:
<ul>
<li>Sold 67,053 shares of Schrodinger Inc (SDGR) from the ARKG fund.</li>
<li>Bought 60,264 shares of Personalis Inc (PSNL) through the ARKG fund.</li>
<li>Sold 92,782 shares of CRISPR Therapeutics AG (CRSP) from the ARKK fund.</li>
<li>Bought 61,911 shares of Intellia Therapeutics Inc (NTLA) via the ARKK fund.</li>
</ul>
Benzinga Edge Stock Rankings indicate Meta Platforms has Momentum in the 78th percentile and Growth in the 75th percentile. How do other Magnificent 7 stocks weigh up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here</a> and find out.
<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="444" height="280" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29215417/Screenshot-2025-04-30-at-10.53.56.png" alt="" class="wp-image-893911" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29215417/Screenshot-2025-04-30-at-10.53.56.png 444w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29215417/Screenshot-2025-04-30-at-10.53.56-300x189.png 300w" sizes="(max-width: 444px) 100vw, 444px" /></a></figure>
Photo Courtesy: viewimage on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/45060872/peter-schiff-calls-out-trump-coin-gala-invite-hunter-biden-is-already-being-outdone" target="_blank" rel="noreferrer noopener">Peter Schiff Calls Out &#8216;TRUMP&#8217; Coin Gala Invite: &#8216;Hunter Biden Is Already Being Outdone&#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

ARKK

ARKW

SHOP

Cathie Wood Bets Against Mark Zuckerberg's Meta Ahead Of Crucial Earnings Report, Loads Up On This Amazon Rival

Press Releases

MP Materials to Participate in the Jefferies 2024 Battery Storage & Materials Virtual Conference

MP Materials Announces Exchanges of a Portion of its 0.25% Green Convertible Senior Notes due 2026, Representing a Net Reduction of $25 Million of Outstanding Indebtedness

MP Materials Restores U.S. Rare Earth Magnet Production

MP Materials Announces Date for Fourth Quarter 2024 Financial Results and Webcast

MP Materials to Participate in the Canaccord Genuity Sustainability Virtual Summit

MP Materials Reports Fourth Quarter and Full Year 2024 Results

China Leverages Rare Metals Monopoly Amid Tech Trade Tensions

China's Strategic Control of Rare Earth Metals Escalates Tech Trade Tensions

MP Materials Announces Date for First Quarter 2025 Financial Results and Webcast

MP Materials Accelerates Strategy to Reindustrialize the Rare Earth Supply Chain

INTC

American Battery Technology Company - Common Stock

American Battery Tech

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares)

Comments

MP Materials

뉴스

파트너 / 기고자

벤징가 글로벌