Ouster (NASDAQ:OUST) 주식

Ouster

Ouster Inc is a provider of lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries. Ouster's products include high-resolution scanning and solid-state digital lidar sensors, Velodyne Lidar sensors, and software solutions. The company operates in the Americas, Asia and Pacific, Europe, Middle East, and Africa regions. It derives maximum revenue from Americas.

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CSCO

OUST

SERV

수요일 미국 주식 선물은 혼조의 움직임을 보이며, 오늘 투자자들의 관심을 끌 가능성이 있는 주식은 다음과 같다: 월스트리트는 블링커 인터내셔널(NYSE:EAT)가 개장 전 매출 11억 6천만 달러, 주당 1.65달러의 분기 이익을 보고할 것으로 예상하고 있다. 브링커 주가는 시간외 거래에서 0.1% 하락한 70.35달러를 기록했다.

수요일 주목해야 할 주식: 블링커 인터내셔널, 시스코 그리고 3종목

After-Hours Center

Movers

CZWI

아우스터(NYSE:CZWI)의 주가는 회사가 화요일에 2분기 재무 결과를 발표한 후 17% 이상 급락했다. 보고서의 세부 내용은 다음과 같다.

아우스터는 2분기 실적 발표 후 시간외 거래에서 17% 이상 급락: 그 이유는?

Analyst Color

Broad U.S. Equity ETFs

Small Cap

ETFs

EVGO

IGMS

LNTH

MORF

PLSE

SOUN

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

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

Ouster Inc

Asana, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) will release its fourth-quarter financial results, after the <a href="https://www.benzinga.com/quote/ASAN/earnings">closing bell, on Monday, March 10</a>.
Analysts expect the San Francisco, California-based company to report quarterly loss at 1 cent per share, versus a year-ago loss of 4 cents per share. Asana projects quarterly revenue of $188.13 million, compared to $171.13 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Dec. 5, Asana reported better-than-expected third-quarter financial results and issued FY25 guidance above estimates.
Asana shares fell 6.2% to close at $17.78 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/ASAN/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Piper Sandler analyst Brent Bracelin reiterated an Overweight rating with a price target of $27 on Feb. 6, 2025. This analyst has an accuracy rate of 74%.</li>
<li>Citigroup analyst Steven Enders maintained a Neutral rating and boosted the price target from $16 to $20 on Jan. 16, 2025. This analyst has an accuracy rate of 71%.</li>
<li>Jefferies analyst Brent Thill maintained a Hold rating and increased the price target from $16 to $19 on Jan. 6, 2025. This analyst has an accuracy rate of 77%.</li>
<li>Morgan Stanley analyst Josh Baer maintained an Equal-Weight rating and raised the price target from $14 to $18 on Dec. 6, 2024. This analyst has an accuracy rate of 62%.</li>
<li>Oppenheimer analyst Ittai Kidron maintained an Outperform rating and raised the price target from $20 to $22 on Dec. 6, 2024. This analyst has an accuracy rate of 72%.</li>
</ul>
Considering buying ASAN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="573" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07030812/image-25-1024x573.png" alt="" class="wp-image-813597" style="width:568px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07030812/image-25-1024x573.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07030812/image-25-300x168.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07030812/image-25-768x430.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07030812/image-25.png 1135w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44083539/wall-streets-most-accurate-analysts-give-their-take-on-3-defensive-stocks-delivering-high-dividend-yields-3">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields</a></li>
</ul>

Price Target

Analyst Ratings

ASAN

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

PATTERSON-UTI ENERGY, INC. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operating in the United States. For the two months ended February 28, 2025, the Company had an average of 107 drilling rigs operating in the United States.
Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

PTEN

Reported Earlier, Patterson-UTI Maintains 107 Active Drilling Rigs in US for First Two Months of 2025

LGIH

LGI Homes Announce That Its Luxury Brand, Terrata Homes, Is Now Selling Homes At Stoneridge Hills, A New Master-planned Community In Rock Hill, South Carolina

Sagtec Global Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGT#NASDAQ">SAGT</a>) ("Sagtec" or the "Company"), a leading provider of customizable software solutions that has revolutionized Malaysia's Food and Beverage industry with Speed+, a pioneering cloud point of sale (POS) system integrated QR Pay, today announced the pricing of its initial public offering (the "Offering") of an aggregate 1,750,000 ordinary shares at a public offering price of $4.00 per share. In addition, the Company has granted the sole book-running manager a 30-day option (the "Over-Allotment Option") to purchase up to an additional 262,500 ordinary shares from the Company at the initial public offering price, less underwriting discounts and commissions. The Company expects to receive total gross proceeds from the Offering of approximately $7 million, before deducting underwriting discounts and commissions and offering expenses, excluding any exercise of the Over-Allotment Option.
The ordinary shares are expected to begin trading on the Nasdaq Capital Market on March 7, 2025, under the ticker symbol "SAGT". The Offering is expected to close on March 10, 2025, subject to customary closing conditions.

IPOs

SAGT

Reported Earlier, Sagtec Prices IPO at $4 Per Share, Offering 1.75M Shares for $7M

Celanese Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) (the "Company" or "Celanese"), a global chemical and specialty materials company, today announced that its subsidiary, Celanese US Holdings LLC (the "Issuer"), has priced registered offerings (the "Offering") of $2.6 billion aggregate principal amount of notes, including $700 million aggregate principal amount of 6.500% Senior Notes due 2030, $1.1 billion aggregate principal amount of 6.750% Senior Notes due 2033 (together, the "USD Notes") and €750 million (or approximately $810 million) aggregate principal amount of 5.000% Senior Notes due 2031 (the "Euro Notes" and, together with the USD Notes, the "Notes"). The Offering was upsized from $2.0 billion to $2.6 billion aggregate principal amount of Notes. The Notes will be guaranteed on a senior unsecured basis by the Company and certain of the Company's wholly-owned domestic subsidiaries.

Offerings

Reported Earlier, Celanese Upsizes Debt Offering to $2.6B (Prior $2.0B), Issues Senior Notes in USD and Euro

ADTRAN Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) ("ADTRAN Holdings" or the "Company") today announced a Chief Financial Officer transition. Timothy Santo, CPA, has been named CFO, succeeding Uli Dopfer, who will transition into a new role, effective March 10, 2025. Mr. Santo is an accomplished and experienced finance executive with a proven track record as a strategic leader, recognized for establishing effective financial strategies that align with both short and long-term operational objectives at Adtran.
Mr. Santo brings more than 25 years of corporate finance experience, including more than a decade in executive roles at public companies. He has deep expertise in international finance, accounting and treasury operations. Mr. Santo joined GE Capital in 2003, where he spent thirteen years in various executive level finance and operational leadership roles. More recently, he served as CFO at Conn's, Inc., Senior Vice President and Global Controller at PRA Group, Inc., and was a Senior Manager of the Business Advisory Services and Finance Transformation Group at Grant Thornton, LLP. Mr. Santo holds a Master of Business Administration from the University of Rochester, William E. Simon Graduate School of Business Administration, and a Bachelor of Science in Accounting and is a Certified Public Accountant.
ADTRAN Holdings' Chairman and Chief Executive Officer Tom Stanton stated, "As we look ahead, we see a meaningful opportunity to increase our earnings power and enhance shareholder value. Tim's proven ability to simplify complex capital structures and drive strategic initiatives will be invaluable. With his extensive experience in large, multinational public companies, we are confident in his ability to lead initiatives that drive cash generation and unlock value for our organization."
With the appointment of Mr. Santo, Mr. Dopfer will continue to serve on the Management Board of Adtran Networks SE, as well as serve as Vice President, Finance &amp; Administration Planning to assist in facilitating a smooth transition.

Management

ADTN

Reported Earlier, Adtran Names Timothy Santo as CFO, Effective March 10, Replacing Uli Dopfer in Leadership Transition

Surmodics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRDX#NASDAQ">SRDX</a>), a provider of medical device and in vitro diagnostic technologies to the healthcare industry, today provided the following statement in response to the U.S. Federal Trade Commission's ("FTC" or the "Agency") announcement that it will challenge the proposed acquisition of Surmodics (the "Merger") by funds affiliated with GTCR LLC ("GTCR"), which have an equity investment in Biocoat Inc., a maker of medical coatings:
"Surmodics respectfully disagrees with the FTC's decision and remains committed to completing the Merger. Surmodics remains confident in both its rationale for the Merger and the value it will bring to all stakeholders, including shareholders, customers and patients. We have worked constructively with the FTC over the last several months to secure regulatory approval for the Merger and are disappointed by its decision to initiate litigation, as the Merger is pro-competitive."
Surmodics intends to vigorously defend this case in court in order to complete the Merger.
Additional Information About the Pending Acquisition of Surmodics by funds affiliated with GTCR
On May 29, 2024, Surmodics announced it had entered into a definitive merger agreement to be acquired by funds affiliated with GTCR, a leading private equity firm with a long track record of investment expertise across healthcare and healthcare technology. Under the terms of the merger agreement, an affiliate of GTCR will acquire all outstanding shares of Surmodics. Surmodics shareholders will receive $43.00 per share in cash, for a total equity valuation of approximately $627 million. The transaction will be financed through a combination of committed equity from funds affiliated with GTCR and committed debt financing. Upon completion of the transaction, Surmodics will be a privately held company and its common stock will no longer be listed on The Nasdaq Global Select Market.
The Merger was approved by Surmodics' shareholders at a special meeting held on August 13, 2024.

Government

Regulations

Asset Sales

SRDX

Surmodics Vows to Fight FTC Lawsuit Blocking $627M Acquisition by GTCR

Faraday Future Intelligent Electric Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) ("Faraday Future," "FF," or "the Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that the ticker symbol for its Class A Common Stock will officially change from "FFIE" to "FFAI" on Monday, March 10. In addition, the ticker symbol for the Company's warrants will change from "FFIEW" to "FFAIW." FF is making significant progress in developing its All-AI Mobility Ecosystem, including Personalized AI and Bespoke AI initiatives. The AI-driven in-vehicle interaction system, built on large-model architecture, is in the final stages of R&amp;D and could be integrated into the FF 91 2.0 in the near future and upcoming FX models. To support these efforts, FF plans to expand its AI R&amp;D efforts and input, including recruiting new AI talent within the organization.

FFIE

Faraday Future Changes Ticker to FFAI, Advances AI-Driven Mobility for FF 91 and FX Models

argenx SE ((Euronext &amp;, NASDAQ:<a href="https://www.benzinga.com/stock/ARGX#NASDAQ">ARGX</a>), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, today announced clinical trial and real-world data for VYVGART&#xAE; (efgartigimod alfa-fcab) and VYVGART&#xAE; Hytrulo (efgartigimod alfa and hyaluronidase-qvfc) will be presented at the American Academy of Neurology (AAN) Annual Meeting, taking place in San Diego, CA from April 5-9, 2025.
"Our goal is to help people living with rare autoimmune diseases feel and function the way they did before experiencing life with a debilitating condition. This year at AAN, we are sharing more evidence demonstrating the long-term benefits of VYVGART for patients living with gMG and CIDP," said Luc Truyen, M.D., Ph.D., Chief Medical Officer at argenx. "Our breadth of data continues to support VYVGART as a leading biologic. It has a proven ability to achieve minimal symptom expression for gMG patients and reduce CIDP symptoms quickly while providing improved functional ability, all with a favorable safety profile. We look forward to engaging in the latest science at AAN to continue pushing the boundaries of helping patients live better."
Abstracts at AAN will highlight real-world and clinical data demonstrating VYVGART's sustained clinical improvements, including consistent functional improvement and a favorable safety profile. In addition, presentations support an individualized treatment approach and the ambition for VYVGART to reach patients earlier in the treatment paradigm.
<ul>
<li>Additional dosing approaches achieve clinical improvements in gMG through 126 weeks: New data from ADAPT-NXT, investigating biweekly or every three-week dosing of VYVGART, demonstrated sustained clinical improvements, including minimal symptom expression (MSE), and consistent long-term safety through 126 weeks.</li>
<li>Largest long-term data set of any FcRn blocker in gMG shows sustained safety and efficacy: ADAPT-SC+ analyses of VYVGART Hytrulo demonstrate consistent safety results and sustained efficacy through nine cycles of treatment.</li>
<li>Favorable benefit-risk profile in gMG: A comparative effectiveness study of emerging immunomodulatory therapies for patients with gMG shows that Fc receptor blockers, particularly VYVGART, show a more favorable benefit-risk profile.</li>
<li>Long-term effectiveness in CIDP: Interim results from the open-label extension ADHERE+ further build upon the largest clinical data set supporting long-term efficacy, including functional improvement and safety of VYVGART Hytrulo in CIDP.</li>
<li>Switch from IVIg to efgartigimod in CIDP: The Phase 4 open-label trial is investigating effective and safe transition from stable IVIg doses to VYVGART Hytrulo within one week after last IVIg dose.</li>
</ul>

ARGX

Argenx to Present New Data on VYVGART's Long-Term Benefits for Autoimmune Patients at AAN Annual Meeting

Silicon Valley is buzzing over Doji, a new AI-powered fashion app that lets users create lifelike avatars of themselves and virtually try on clothing—so much so that Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) co-founder Alexis Ohanian has invested in the company.
What Happened: Launched in January 2024, Doji is a virtual try-on app that allows users to upload selfies, generate a personalized AI model, and test out different clothing styles—all from their phones.
The startup, founded by Dorian Dargan (ex-Meta, Apple) and Jim Winkens (ex-Google DeepMind), is gaining traction among tech workers, early adopters, and investors.
See Also: <a href="https://in.benzinga.com/general/social-media/25/02/43950200/reddit-stock-plunges-26-from-highs-yet-call-options-have-surged-575-is-a-rebound-brewing">Reddit Stock Plunges 26% From Highs, Yet Call Options Have Surged 575%: Is A Rebound Brewing?</a>
One of its biggest backers? Ohanian, whose venture capital firm Seven Seven Six invested in Doji's early-stage funding round, <a href="https://www.businessinsider.com/ai-fashion-app-doji-gets-buzz-investment-reddit-cofounder-ohanian-2025-3?utm_medium=social&amp;utm_campaign=tech-sf&amp;utm_source=twitter">reported</a> Business Insider.
&#8220;Consumer is fun again thanks to AI,&#8221; Ohanian wrote last month in a post on X, formerly Twitter, where he has been sharing AI-generated outfit photos from the beta version of Doji.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Here we go! Consumer is fun again thanks to AI. <a href="https://t.co/YIgYtmt8yW">https://t.co/YIgYtmt8yW</a>
&mdash; Alexis Ohanian &#x1f5fd; (@alexisohanian) <a href="https://twitter.com/alexisohanian/status/1883521949340778728?ref_src=twsrc%5Etfw">January 26, 2025</a></blockquote>
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Doji allows users to try on curated designer pieces from brands like Maison Margiela, Diesel, and Rick Owens, as well as import products with shoppable links to see how they would look before buying.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: The app has already built hype among tech insiders at companies like Anthropic, Humane, and Cursor, who are sharing their AI-generated looks online, the report noted.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I turned myself into an AI model! &#x1f916;&#x2728; Everything &#8211; the digital me, the outfits, the image-to-video transformation &#8211; is 100% AI-generated. Here's exactly how I did it using Doji, Channel42, Kling AI &amp; fal. &#x1f9f5;&#x1f447; <a href="https://t.co/La85U1jDgO">pic.twitter.com/La85U1jDgO</a>
&mdash; Shweta (@shweta_ai) <a href="https://twitter.com/shweta_ai/status/1895151263110832446?ref_src=twsrc%5Etfw">February 27, 2025</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">trained my <a href="https://twitter.com/doji_com?ref_src=twsrc%5Etfw">@doji_com</a> model on my 3d avatar and now he can finally wear the yohji grails on my wishlist <a href="https://t.co/sfznMDqfSx">pic.twitter.com/sfznMDqfSx</a>
&mdash; manny404 (@mannynotfound) <a href="https://twitter.com/mannynotfound/status/1896403139806577092?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
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Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by <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://in.benzinga.com/general/social-media/25/03/44100560/reddit-co-founder-alexis-ohanian-joins-frank-mccourts-tiktok-bid-amid-competition-from-mrbeast-jesse-tinsley-and-reid-rasner">Reddit Co-Founder Alexis Ohanian Joins Frank McCourt&#8217;s TikTok Bid Amid Competition From MrBeast, Jesse Tinsley, And Reid Rasner</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.

Tech

Media

RDDT

Reddit Cofounder Alexis Ohanian Just Bet On An AI Fashion App That Lets You Try On Designer Clothes Without Ever Leaving Your Couch

Chinese e-commerce retailer JD.Com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) reported better-than-expected fourth quarter results and appraised the investors on its artificial intelligence developments during its earnings call. However, its shares declined in Hong Kong on Friday as it skirted the questions around the scale of investment and profitability of its newly launched food delivery business.
What Happened: While JD.com&#8217;s American depository receipts rose in the U.S. on Thursday, the Hong Kong listed shares fell on Friday after the e-commerce retailer&#8217;s management denied shedding much light on the company&#8217;s new food delivery business.
CEO, Sandy Xu spoke about various AI applications during the earnings call, &#8220;Such as AI marketing, AI customer service, developing superior algorithms for search and recommendations to increase traffic allocation efficiency, and AI-enabled streamlining of internal workflow.&#8221;
The company also launched an AI shopping assistant called Singen during the fiscal year that helped users to get personalized search results and recommendations, find the best deals and discounts, and compare products.
&#8220;We expect to see better consumption trends driven by the pickup in domestic demand and operating efficiency and user experience improvement powered by AI adoption,&#8221; said Xu.
See Also: <a href="https://www.benzinga.com/25/03/44138112/defense-stocks-take-centerstage-as-donald-trump-freezes-ukraine-military-aid-heres-a-list-of-top-global-defense-etfs-to-watch">Defense Stocks In Focus As Trump Freezes Ukraine Military Aid: Here&#8217;s A List Of Top Global Defense ETFs To Watch</a>
Why It Matters: During the publication of this article, JD.com shares were down 1.40% in Hong Kong.
When asked about how the company&#8217;s new food delivery initiative called JD Takeaway will affect the company&#8217;s margin and profitability, the CEO explained that it was still in an early exploration stage, and they were making strategic and disciplined experiments and investments.
&#8220;We&#8217;ll retain flexibility to adjust our approach as the business evolves, and we&#8217;ll provide updates to investor and analysts in a timely manner,&#8221; said Xu.
JD.com&#8217;s revenue was up 13.4% year-over-year to $47.54 billion, <a href="https://www.benzinga.com/25/03/44164458/jdcom-q4-earnings-double-digit-growth-retail-and-logistics-surge-hikes-dividend-to-100-per-ads">beating estimates</a>. Its adjusted net income per ADS was $1.02 and the board declared a $1.00 per ADS dividend, up from $0.76 a year ago.
Price Action: JD&#8217;s U.S. listed ADRs ended up 0.37% on Thursday, it was 28.31% higher on a year-to-date basis and up 83.08% over a year.
While the shares fell 1.40% in Hong Kong, its trading volume stood at 16.014 million shares, higher than the average volume of 13.141 million,
<a href="https://www.benzinga.com/quote/JD/analyst-ratings">Benzinga tracks 16 analysts</a> with an average price target of $42 for the stock, reflecting a &#8220;buy&#8221; rating. Estimates range widely from $27 to $55. Recent ratings from Barclays, Bernstein, and Citigroup average at $50.67, suggesting a potential 15.77% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/JD/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="387" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07004830/JD.com-ANR-1024x387.png" alt="" class="wp-image-813439" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07004830/JD.com-ANR-1024x387.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07004830/JD.com-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07004830/JD.com-ANR-768x290.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07004830/JD.com-ANR.png 1066w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44163029/mstr-short-interest-falls-453-but-technical-analysis-exhibit-mixed-signals-is-michael-saylors-strategy-poised-for-a-bounce-back">MSTR Short Interest Falls 4.53% But Technical Analysis Reveals Mixed Signals: Is Michael Saylor&#8217;s Strategy Poised For A Bounce Back?</a></li>
</ul>
Photo courtesy: JD.com

Equities

Market Summary

Global

JD.com Leans On AI, Industrial Robotics To Automate Processes: Hong Kong Listed Shares Fall As It Skirts Questions On Food Delivery Venture JD Takeaway

On Thursday, American EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) said it will stop taking custom orders for new Model S and X vehicles in Japan after April 1.
What Happened: The production of the higher-end Tesla cars for the Japanese market will end on March 31 and after April 1, the company will only sell stock or used vehicles in the country, Tesla said in a post on social media platform X, formerly Twitter. It added that the company will no longer accept custom orders for new Model S and X vehicles starting in April.
&#8220;This period until production ends will be your last opportunity to purchase a new Model S or Model X in Japan, so if you are considering purchasing one, please place your order as soon as possible,&#8221; the company said. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Model SおよびModel Xは2025年3月31日をもって、国内向け生産を終了いたします。 2025年4月1日以降、在庫車または中古車のみの販売となり、新車のカスタムオーダーはお受けできません。 この生産終了までの期間がModel SおよびModel… <a href="https://t.co/eRBBIvJayi">pic.twitter.com/eRBBIvJayi</a>
&mdash; Tesla Japan (@teslajapan) <a href="https://twitter.com/teslajapan/status/1897565315363659913?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
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Tesla did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga</a>&#8216;s request for comment on the reasons behind this decision. 
Why It Matters:&nbsp;In January 2024, Tesla CEO&nbsp;Elon Musk&nbsp;mourned the company's lack of market share in Japan, terming it "<a href="https://www.benzinga.com/25/01/43078694/tesla-offers-free-supercharging-on-model-3-y-in-japan-a-year-after-musk-mourns-companys-lack-of-market-share-in-geography">remarkably low</a>."
"Japan is the third-largest car market in the world of any country. So we should at least have a market share proportionate to, say, other non-Japanese carmakers like Mercedes or BMW, which we do not currently have," Musk then said while adding that there is a lack of awareness of Tesla in the country.
The Model S and X are Tesla&#8217;s more premium cars. While the Model S starts at 12.67 million yen in Japan, the Model X starts at 14.17 million yen. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/general/space/25/03/44162633/elon-musk-thinks-iss-has-served-its-purpose-and-should-be-deorbited-but-sunita-williams-says-it-is-still-at-its-prime-this-place-is-ticking-its-just-really-amazing">Elon Musk Thinks ISS Has Served Its Purpose And Should Be Deorbited, But Sunita Williams Says It Is Still At Its Prime: &#8216;This Place Is Ticking. It&#8217;s Just Really Amazing&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

TSLA

Elon Musk Mourned Tesla's Lack Of Market Share In Japan In 2024: EV Giant To Now Halt Sale Of New Model S, X Vehicles In Country

Smith &amp; Wesson Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>) shares plunged 7.99% in after-hours trading on Thursday after the firearms manufacturer reported third-quarter fiscal results that missed analyst revenue expectations.
What Happened: The Maryville, Tennessee-based company reported quarterly revenue of $115.9 million, falling short of the estimated $119.5 million, reflecting a 2.99% decline, according to <a href="https://www.benzinga.com/quote/SWBI/earnings">data from Benzinga Pro</a>. 
Net sales were down 15.7% compared to the same quarter last year. SWBI reported earnings per share of $0.04, while adjusted EPS came in at $0.02, down significantly from $0.19 in the comparable quarter last year.
&#8220;Our top line revenue for the third quarter came in slightly below our target range,&#8221; said Mark Smith, President and Chief Executive Officer. &#8220;However, lower operating expenses and leveraging of our flexible manufacturing model allowed us to deliver on EPS and EBITDAS expectations.&#8221;
Gross margin declined to 24.1% from 28.7% in the comparable quarter last year, reflecting pressure on the company&#8217;s core product portfolio. Non-GAAP Adjusted EBITDAS was $13.3 million, or 11.5% of net sales, compared with $21.4 million, or 15.6% of net sales, a year ago.
See Also:&nbsp;<a href="https://www.benzinga.com/general/space/25/03/44159724/jeff-bezos-brings-amazons-hard-charging-culture-50-hour-workweek-to-blue-origin-ceo-says-growth-led-to-more-bureaucracy-less-focus" target="_blank" rel="noreferrer noopener">Jeff Bezos Brings Amazon&#8217;s Hard-Charging Culture, 50-Hour Workweek To Blue Origin: CEO Says Growth Led To ‘More Bureaucracy…Less Focus&#8217;</a>
Why It Matters: Despite weaker results for existing products, Smith said, &#8220;new products continue to perform very well,&#8221; accounting for over 41% of sales in the quarter, suggesting potential market share gains in those categories.
&#8220;We anticipate that the firearms market will remain steady at current demand levels,&#8221; Smith added, maintaining the company&#8217;s previous guidance of full-year revenue 5-10% lower than fiscal 2024.
The company&#8217;s board declared a quarterly dividend of $0.13 per share, payable on Apr. 3, to stockholders of record on Mar. 20.
Smith &amp; Wesson&#8217;s 2025 lineup includes the Model 1854 lever-action rifle in .357 Magnum (walnut or polymer furniture) and a &#8220;Stealth Hunter&#8221; variant with a shorter barrel, M-LOK forend, and HIVIZ sights, <a href="https://www.hookandbarrel.com/shooting/smith-wessons-new-firearms-for-2025">according</a> to Hook &amp; Barrel Magazine. The No-Lock Classic Revolvers bring back the Model 36, Model 10, and Model 19 without internal locks. New Lipsey's Exclusive revolvers include the lightweight Model 632-UC Ti (.32 H&amp;R Mag) and the 686-Plus and 629 Mountain Guns with walnut grips. The CSX E-Series micro-compacts now feature optics-ready designs and improved grip modularity.
For 2024, Smith &amp; Wesson introduced the M&amp;P 22 Magnum (30-round), Performance Center M&amp;P 10mm (ported barrel), and Model 1854 .44 Magnum.
Price Action: SWBI stock closed Thursday at $11.02, up 2.04% in regular trading, before falling to $10.14 in after-hours trading. The stock is up 10.42% year-to-date but down 16.32% over the past year.
Smith &amp; Wesson Brands Inc. has a $13 <a href="https://www.benzinga.com/quote/SWBI/analyst-ratings">consensus price target</a>, with Lake Street setting both the high and low. Recent ratings from Lake Street and Craig-Hallum imply a 28.21% upside.
<figure class="wp-block-image aligncenter size-full is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/06225531/Screenshot-2025-03-07-at-9.24.54%E2%80%AFAM.png" alt="" class="wp-image-813341" style="width:704px;height:auto" /></figure>
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<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

SWBI

Smith & Wesson Falls 8% After-Hours On Revenue Miss, CEO Mark Smith Says 'New Products Continue To Perform Very Well'

On Thursday, Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) CEO Hock Tan dismissed speculation about a <a href="https://in.benzinga.com/markets/25/02/43761300/intel-could-be-split-in-two-as-broadcom-and-tsmc-explore-deals-trump-white-house-resists-foreign-ownership-report">potential merger and acquisition</a> with Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
What Happened: During Broadcom's <a href="https://in.benzinga.com/news/earnings/25/03/44181200/broadcom-stock-surges-on-q1-earnings-beat-revenue-beat-strong-guidance-we-expect-continued-strength-in-ai-semiconductor-revenue">first-quarter earnings</a> call, analyst Vijay Rakesh asked Tan about potential M&amp;A, referencing the Intel split rumors.
In response, Tan made it clear that acquisitions are not on the table for now. "M&amp;A, no, I'm too busy—we're too busy doing AI and VMware at this point," he stated.
Tan's comments come amid reports that Broadcom is eyeing Intel's chip design and marketing business while Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is considering acquiring some or all of Intel's chip plants.
See Also: <a href="https://in.benzinga.com/25/03/44103223/broadcom-debuts-velosky-to-accelerate-5g-and-satellite-adoption">Broadcom Debuts VeloSky To Accelerate 5G And Satellite Adoption</a>
Why It's Important: Broadcom posted a first-quarter revenue of $14.92 billion, surpassing analyst expectations of $14.61 billion. The semiconductor giant also reported adjusted earnings of $1.60 per share for the quarter, exceeding the projected $1.49 per share.
Following the earnings announcement, Broadcom shares <a href="https://in.benzinga.com/markets/equities/25/03/44184068/broadcom-beats-estimates-despite-chip-selloff-gary-black-says-this-should-help-ai-stocks-tomorrow-jim-cramer-calls-decline-a-mistake">surged nearly 13%</a> in after-hours trading, recovering from a previous decline during regular trading hours.
The strong performance in AI results has been a significant factor in boosting investor confidence, as noted by market analysts like Gary Black and Jim Cramer.
Price Action: Broadcom&#8217;s stock closed at $179.45 on Thursday, reflecting a 6.33% drop. However, it rebounded in after-hours trading, gaining 12.82%. Year to date, the stock has fallen by 22.64%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/legal/25/03/44157128/intel-beats-investor-lawsuit-after-32-billion-stock-plunge-judge-rules-foundry-losses-werent-misleading">Intel Beats Investor Lawsuit After $32 Billion Stock Plunge—Judge Rules Foundry Losses Weren&#8217;t Misleading</a></li>
</ul>
Photo Courtesy: 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.

AVGO

INTC

Broadcom CEO Hock Tan Brushes Off Intel Acquisition Speculation: 'M&A, No, I'm Too Busy...'

Jailed cryptocurrency fraudster Sam Bankman-Fried shared his prison experience and interaction with fellow inmate rapper&nbsp;Sean Combs, popularly known as "Diddy," according to an interview released Thursday.
What Happened: In an interview with popular media personality&nbsp;Tucker Carlson, Bankman-Fried said Diddy has been &#8220;kind&#8221; to people in the unit, including himself. 
&#8220;It&#8217;s a position no one wants to be in. You know, obviously he doesn&#8217;t. I don&#8217;t,&#8221; the disgraced founder of FTX cryptocurrency exchange said. &#8220;It&#8217;s kind of a soul-crushing place for the world in general.&#8221;
Bankman-Fried said that the prison environment was a combination of high-profile cases and a &#8220;lot of&#8221; alleged ex-gangsters.
Talking about the other inmates, he said that many former armed robbers are &#8220;fairly good&#8221; at chess.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life. (0:00) What Has Prison Been Like? (2:28) Was SBF Ever on Adderall? (4:42) SBF Meeting Diddy in Prison (7:01) How Prison Has Changed… <a href="https://t.co/mNSNktLibg">pic.twitter.com/mNSNktLibg</a>
&mdash; Tucker Carlson (@TuckerCarlson) <a href="https://twitter.com/TuckerCarlson/status/1897709140535132442?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44159088/microsoft-might-have-given-bitcoin-investments-a-miss-for-now-but-one-of-its-largest-investors-has-been-an-avid-advocate-of-cryptos-blockchains">Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate</a>
Why It Matters: Bankman-Fried was&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35445270/the-true-cost-of-the-ftx-collapse-how-much-did-sam-bankman-fried-really-make" target="_blank" rel="noreferrer noopener">convicted of misappropriating funds</a>&nbsp;from his&nbsp;FTX&nbsp;cryptocurrency exchange customers and using the money for personal expenses, political contributions, and venture capital investments. 
The news of the foul play triggered a bank run, leading to the exchange&#8217;s collapse and a bear market that saw Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) plunge to new lows. He was sentenced to 25 years in prison.
Bankman-Fried&#8217;s parents have been discussing with legal experts and individuals within Trump's network regarding a<a href="https://in.benzinga.com/markets/cryptocurrency/25/01/43350879/sam-bankman-frieds-parents-seek-presidential-pardon-from-trump" target="_blank" rel="noreferrer noopener">&nbsp;possible clemency for their son</a>.
As for Diddy, the music sensation has <a href="https://www.dailymotion.com/video/x95tcfe">faced multiple lawsuits</a> alleging sexual misconduct, abuse, and sex trafficking, including from former girlfriend Casandra Ventura. He has denied the allegations.
Photo by Lev Radin on Shutterstock
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<li><a href="https://www.benzinga.com/25/03/44157760/peter-schiff-predicts-a-bitcoin-strategic-reserve-will-accelerate-dollars-demise-the-ultimate-winner-will-be-gold">Peter Schiff Predicts A Bitcoin Strategic Reserve Will &#8216;Accelerate&#8217; Dollar&#8217;s Demise: &#8216;Ultimate Winner Will Be Gold&#8217;</a></li>
</ul>
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>

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

Cryptocurrency

$BTC

Sam Bankman-Fried Says Prison Inmate Diddy Has Been 'Kind' To Him: 'It's A Position No One Wants To Be In'

President Donald Trump's executive order establishing a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve did not have the expected bullish impact on Thursday, as the leading cryptocurrency dropped on the announcement.
What happened: The <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">reserve will be capitalized with Bitcoin</a> already owned by the federal government, obtained through forfeiture proceedings, valued at approximately $17 billion. Additionally, a U.S. Digital Asset Stockpile would be set up, consisting of cryptocurrencies other than Bitcoin. Both entities will be under the control of the Treasury Department, the order read.
The order directed all federal agencies to provide a full accounting of all assets held in their possession to the Treasury Secretary President's Working Group on Digital Asset Markets within the next 30 days
While the government won't sell any BTC, it will also not buy any new Bitcoin unless it can do so in a "budget-neutral" way and without imposing incremental costs on American taxpayers.
Noted economist and Bitcoin critic Peter Schiff interpreted it as simply seizing more Bitcoin and adding them to the reserve.
"But they can&#8217;t buy any more, as buying by definition requires a payment," Schiff said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I had not read the full text. Apparently it does authorize acquiring more Bitcoin so long as they can do so at zero cost. So I guess that means if they seize any more Bitcoin they can keep that too. But they can&#39;t buy any more, as buying by definition requires a payment.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1897811647018025027?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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Bitcoin advocate God Almaxi argued that the government can sell other seized assets to buy Bitcoin as long as there's no net cost for taxpayers.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">They can buy as long as it's budget neutral. There are lots of ways to accomplish this at scale.
&mdash; God Almaxi &#x1f7e0; (@GodAlmaxi) <a href="https://twitter.com/GodAlmaxi/status/1897812240507826328?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44159088/microsoft-might-have-given-bitcoin-investments-a-miss-for-now-but-one-of-its-largest-investors-has-been-an-avid-advocate-of-cryptos-blockchains">Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate</a>
Another well-known cryptocurrency influencer, Kashif Raza, said the dull reaction was due to high expectations that the government would buy 200,000 BTC per year.&nbsp;
Notably, Sen. Cynthia Lummis' (R-Wyo.) <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42080839/cynthia-lummis-says-strategic-bitcoin-reserve-could-take-shape-soon-after-trump-raises-his-hand-and-is-sworn-in">legislation </a>had proposed the purchase of 1 million Bitcoins over five years.
Raza further highlighted that there was no provision to buy additional assets for the Digital Asset Stockpile—presumably consisting of Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>).
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Big Breaking News: PRESIDENT TRUMP OFFICIALLY SIGNS THE EXECUTIVE ORDER TO ESTABLISH BITCOIN STRATEGIC RESERVE. What is it exactly? &#8211; The US is not going to print new money to buy Bitcoin. &#8211; The US will not sell any Bitcoin confiscated from criminals or in any other criminal…
&mdash; Kashif Raza (@simplykashif) <a href="https://twitter.com/simplykashif/status/1897831906130940051?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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The cryptocurrency industry will shift its focus to Friday&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44125213/white-house-crypto-summit-to-feature-roundtable-with-industry-leaders-including-michael-saylor">White House Crypto Summit</a>, featuring notable industry figures such as&nbsp;Michael Saylor alongside government officials like Treasury Secretary&nbsp;Scott Bessent and Commerce Secretary&nbsp;Howard Lutnick, to learn more about the structure of the reserve.
Price Action: At the time of writing, Bitcoin was exchanging hands at $$87,580.33, down 4.08% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/25/03/44157760/peter-schiff-predicts-a-bitcoin-strategic-reserve-will-accelerate-dollars-demise-the-ultimate-winner-will-be-gold">Peter Schiff Predicts A Bitcoin Strategic Reserve Will &#8216;Accelerate&#8217; Dollar&#8217;s Demise: &#8216;Ultimate Winner Will Be Gold&#8217;</a></li>
</ul>

Politics

$ADA

$ETH

$SOL

$XRP

Trump-Announced Strategic Bitcoin Reserve To Allow Buying Additional BTC? Peter Schiff Doesn't Think So But Here's What The Order Says

Xiaomi Corp.'s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) upcoming 16 Pro flagship smartphone could feature a 3D-printed metal mid-frame — a move that could spark a broader industry shift, much like Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) adoption of CNC machining for MacBook unibody casings did.
What Happened: On Thursday, renowned analyst Ming-Chi Kuo of TF Securities took to X, formerly Twitter, and said that Xiaomi is using Bright Laser Technologies's 3D printing technology to manufacture the metal mid-frame of the Xiaomi 16 Pro, expected to launch in late 2025.
"The advantage of producing smartphone mid-frames with 3D printing lies in its ability to leverage hollow designs, which reduce weight and enhance thermal performance without compromising structural strength," Kuo stated.
See Also: <a href="https://in.benzinga.com/25/03/44070785/top-analyst-shuts-down-nvidia-cowos-order-cut-rumors-confirms-tsmcs-2025-expansion-is-steady-at-70000-wafers-per-month">Ming-Chi Kuo Dismisses Nvidia Order Cut Speculation Amid Intact AI Demand, Confirms TSMC Expansion On Track</a>
Previously, production efficiency was a major obstacle to 3D printing adoption in smartphones. However, Kuo notes that as technology improves, manufacturers will increasingly embrace 3D printing, even before it matches the efficiency of traditional methods.
&#8220;This shift echoes past innovations: before Apple pioneered CNC technology for making MacBook unibody metal casing, few believed such a process could scale to consumer electronics,&#8221; the analyst stated.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My latest industry survey shows that Xiaomi's upcoming flagship, the Xiaomi 16 Pro, set to launch in late 2025, is also adopting a metal mid-frame produced with Bright Laser Technologies (BLT)'s 3D printing technology. This points to an accelerating trend of using 3D printing for…
&mdash; 郭明錤 (Ming-Chi Kuo) (@mingchikuo) <a href="https://twitter.com/mingchikuo/status/1897706262240149915?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
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Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: According to a February 2025 Canalys report, the global smartphone market saw a 7% growth in 2024, reaching 1.22 billion units and reversing a two-year decline.
Apple retained its position as the top vendor for a second consecutive year. However, iPhone shipments for the year declined by 1% to 225.9 million units.
Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) secured the second spot, maintaining its focus on profitability, with its shipments also falling by 1% to 222.9 million units.
Xiaomi held onto third place and played a key role in driving overall market growth. With strong momentum in Mainland China and ongoing expansion into emerging markets, Xiaomi's shipments surged by 15% to 168.6 million units.
Photo by Alan Sau on Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://in.benzinga.com/markets/25/02/43692026/apples-next-big-bet-tim-cook-led-company-is-exploring-humanoid-as-well-as-non-humanoid-robots-for-smart-home-future-says-top-analyst">Apple&#8217;s Next Big Bet? Tim Cook-Led Company Is &#8216;Exploring&#8217; Humanoid As Well As Non-Humanoid Robots For Smart Home Future, Says Top Analyst</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.

AAPL

SSNLF

XIACF

XIACY

Will Your Next Smartphone Be 3-D Printed? Analyst Suggests This Pro Model Phone Could Spur That Change

Wedbush Securities analyst Dan Ives added Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) to the firm&#8217;s Best Ideas List on Thursday, reiterating an &#8220;Outperform&#8221; rating and $550 price target despite growing challenges facing the electric vehicle maker.
What Happened: &#8220;This is a gut check moment for Tesla bulls after this massive sell-off,&#8221; Ives posted on X, calling the current situation a critical juncture where negative sentiment has overshadowed Tesla&#8217;s potential as &#8220;a unique disruptive global tech story.&#8221;
Ives addressed the &#8220;elephant in the room&#8221; – CEO Elon Musk&#8216;s involvement with the Department of Government Efficiency and his close relationship with President Donald Trump. He estimates &#8220;less than 5% of Tesla sales globally are at risk&#8221; despite widespread brand concerns.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We are adding Tesla to the Wedbush Best Ideas List and reiterate our OUTPERFORM rating and $550 price target. &#x1f447;&#x1f402; <a href="https://t.co/O0wdGcZfNW">pic.twitter.com/O0wdGcZfNW</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1897821823900762432?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
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Tesla shares have fallen 30.54% year-to-date, closing at $263.45 on Thursday, significantly below the <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">average analyst price target</a> of $329.26.
<figure class="wp-block-image aligncenter size-full is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/06220436/Screenshot-2025-03-07-at-8.33.58%E2%80%AFAM.png" alt="" class="wp-image-813275" style="width:559px;height:auto" /></figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/03/44184068/broadcom-beats-estimates-despite-chip-selloff-gary-black-says-this-should-help-ai-stocks-tomorrow-jim-cramer-calls-decline-a-mistake">Broadcom Shares Jump 13% In After-Hours Trading On Strong AI Results — Gary Black Says, &#8216;This Should Help AI Stocks Tomorrow</a>
Why It Matters: These concerns have manifested in <a href="https://in.benzinga.com/25/03/44135841/elon-musk-slams-attacks-on-tesla-vehicles-after-incident-in-brookline-vandalism-is-not-free-speech">protests at Tesla showrooms</a> and charging stations across the U.S., with demonstrators opposing Musk&#8217;s role in reducing the federal workforce. Recent incidents include vandalism of Tesla vehicles in Brookline, Massachusetts, and arson at a Littleton supercharger station.
The company&#8217;s brand value dropped 26% to $43 billion in 2025 rankings, according to Brand Finance, with Tesla falling from <a href="https://www.benzinga.com/news/global/25/01/43172806/tesla-lost-15-billion-in-brand-value-in-2024-report-says-did-elon-musks-political-push-hurt-ev-giant">18th to 36th place globally</a>.
Additionally, potential <a href="https://www.benzinga.com/25/03/44176616/trump-vs-musk-tesla-to-be-hurt-by-tariffs-on-mexico-despite-friendship">Trump tariffs on Canada and Mexico</a> could impact Tesla, which sources 20-25% of parts for various models from Mexico, according to the U.S. Department of Transportation, National Highway Traffic Safety Administration.
Despite these challenges, Ives remains bullish on Tesla&#8217;s future, pointing to upcoming innovations including a sub-$35,000 model and the launch of unsupervised Full Self-Driving in Austin this June. Ives values Tesla&#8217;s autonomous technology potential at $1 trillion alone.
&#8220;We believe autonomous and Optimus will represent 90% of Tesla&#8217;s valuation,&#8221; Ives concluded.
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Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Dan Ives Calls Out 'Elephant In The Room' Amid Tesla Selloff, Addresses Elon Musk's Trump Ties As Wedbush Reiterates $550 Target

Larry Page, the co-founder of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), the holding company for Google, is reportedly building a new AI-powered startup, Dynatomics.
What Happened: Page is working with a small team of engineers on AI-driven technology that can generate highly optimized product designs and have them manufactured in factories, <a href="https://techcrunch.com/2025/03/06/google-co-founder-larry-page-reportedly-has-a-new-ai-startup/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAM8uQdkyfxfUnv3ZNiMkZFb8gCkwNwpdeTZvBxaWZ7aPPKX-vkILxZe6XBV_FCfvu1fhwUGnmDPyNBn-W3qBJAsRl6SJ3rOw8nNw49u0UH4hWXRpnrphBXawcYQvi4AHmZW7yjZ_GtFO6kXxBmPtdPZkxcpMC3iTYtdVSreMzoEA">reported</a> TechCrunch, <a href="http://theinformation.com/articles/larry-page-has-a-new-ai-startup (opens in a new tab)">citing</a> The Information.
The stealth startup is being led by Chris Anderson, the former CTO of Page-backed electric airplane company Kittyhawk.
See Also: <a href="https://www.benzinga.com/news/24/11/42154628/larry-page-google-co-founder-said-hed-leave-his-fortune-to-elon-musk-over-charity-because-of-his-plans-to-go-to-mars-to-back-up-humanity">Larry Page, Google Co-Founder, Said He&#8217;d Leave His Fortune To Elon Musk Over Charity Because Of His Plans &#8216;To Go To Mars To Back Up Humanity&#8217;</a>
The startup's goal is to streamline product development by leveraging AI to create designs that maximize efficiency, durability, and functionality.
While details remain scarce, Dynatomics is expected to focus on automating and enhancing the manufacturing process across industries.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Page's initiative follows a growing trend of AI-driven manufacturing innovation. Other startups, such as Orbital Materials and PhysicsX, are already exploring AI applications in material discovery and engineering simulations.
The Google co-founder currently has a net worth of $156 billion, making him the eighth wealthiest person in the world, according to Bloomberg Billionaires <a href="https://www.bloomberg.com/billionaires/">Index</a>.
Most of Page&#8217;s wealth comes from his stake in Alphabet. He holds Class B and C shares, owning around 6% of the company, based on its 2024 proxy and an April 2022 filing.
Photo Courtesy: Jakub Krechowicz On Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/news/24/05/38849496/elon-musk-recalls-breaking-friendship-with-googles-larry-page-over-ilya-sutskever-linchpin-for-opena">Elon Musk Recalls Breaking Friendship With Google&#8217;s Larry Page Over Ilya Sutskever: &#8216;Linchpin For OpenAI Being Successful&#8217;</a></li>
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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.

GOOG

GOOGL

Google Co-Founder Larry Page's New AI Startup Could Change How Humans Make Things Forever: Report

Leading cryptocurrencies slipped on Thursday as President Donald Trump's executive order to create a strategic Bitcoin reserve became a "sell-the-news" event.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:15 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-4.32%</td>
<td>$86,345.56</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>-4.99%</td>
<td>$2,124.96</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>-5.23%</td>
<td>$0.1920</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The leading cryptocurrency dropped from $90,000 to $84,979 in 40 minutes after the news became public before recovering to $86,000 as traders bought the dip.&nbsp;
Ethereum, the second-largest cryptocurrency, also dipped to $2,100 following an intraday high of $2,319.40.
The fall came after Trump <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">signed an executive order</a> establishing a Bitcoin reserve and a digital asset stockpile of other cryptocurrencies, both funded by forfeited assets held by the U.S. government. While the government may acquire additional Bitcoin, no extra purchases for the digital stockpile will be made.
About $537 million was liquidated from the cryptocurrency market in the last 24 hours, including $111 million in the last hour alone.
Bitcoin's Open Interest fell 2.58% in the last 24 hours, while the percentage of traders positioned short on the apex cryptocurrency increased to 51%.
Meanwhile, the Crypto Fear and Greed Index improved from "Extreme Fear" to "Fear" as of this writing.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:15 p.m. ET)</td>
</tr>
<tr>
<td>Cronos (CRO)</td>
<td>+6.18%</td>
<td>$0.0853</td>
</tr>
<tr>
<td>Movement (MOVE)</td>
<td>+5.60%</td>
<td>$0.4701</td>
</tr>
<tr>
<td>Ethene (ENA)</td>
<td>+3.07%</td>
<td>$0.3619</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.82 trillion, following a decrease of 4.55% in the last 24 hours.
Following a brief reprieve, stocks resumed their correction on Thursday. The Dow Jones Industrial Average dipped 427.51 points, or 0.99%, to close at 42,579.08. The S&amp;P 500 slipped 1.78%, ending at 5,738.52, while the tech-heavy Nasdaq Composite tumbled 2.61% to close the session at 18,069.26.
The selling came despite Trump <a href="https://www.benzinga.com/news/global/25/03/44176918/trump-delays-mexico-tariffs-for-a-month-economic-uncertainty-persits">postponing the enforcement of</a> a 25% tariff on most Mexico imports for a month. The administration's trade measures and retaliatory action by key partners have rattled markets over the last month.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Bitcoin's long-term holders have taken advantage of the ongoing correction to fill their bags, according to widely followed cryptocurrency analyst, Ali Martinez.
"Long-term holders are accumulating! The supply held by long-term holders has increased by 85,000 BTC in the past month," Martinez said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Long-term holders are accumulating! The supply held by long-term holders has increased by 85,000 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> in the past month. <a href="https://t.co/udy0Aqg6BW">pic.twitter.com/udy0Aqg6BW</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1897757076585116008?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
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As for Ethereum, Martinez highlighted the significance of $2,200.
"As long as ETH stays above $2,200, the odds of a rebound increase, especially with the TD Sequential flashing a buy signal on the weekly chart," he remarked.
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As long as <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> stays above $2,200, the odds of a rebound increase, especially with the TD Sequential flashing a buy signal on the weekly chart in the form of an A13! <a href="https://t.co/UmowxKOV9R">pic.twitter.com/UmowxKOV9R</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1897744745155477553?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Well-known blockchain analytics firm CryptoQuant noted that stablecoin reserves on cryptocurrency exchange Binance have hit a new high.
"Historically, periods of rising stablecoin reserves on Binance have often coincided with, or even preceded, an increase in BTC prices and a broader upswing in the crypto market," the firm stated.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Binance&#39;s stablecoin reserves hit a new ATH "When we observe an increase in stablecoin reserves on Binance—currently the exchange with the highest trading volumes—it indicates a positive momentum." – By <a href="https://twitter.com/Darkfost_Coc?ref_src=twsrc%5Etfw">@Darkfost_Coc</a> Dive deeper &#x2935;&#xFE0F;<a href="https://t.co/zZoVVjXBOg">https://t.co/zZoVVjXBOg</a> <a href="https://t.co/wfwUZQtAVR">pic.twitter.com/wfwUZQtAVR</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1897765406040821779?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by Avi Rozen on Shutterstock
Read Next:    
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<li><a href="https://www.benzinga.com/news/global/25/03/44174606/jpmorgan-questions-viability-of-us-crypto-reserve-cites-issues-with-smaller-tokens">JPMorgan Questions Viability of US Crypto Reserve, Cites Issues With Smaller Tokens</a></li>
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$DOGE

Bitcoin, Ethereum, Dogecoin Fall After Trump's Executive Order On Strategic BTC Reserve: ETH Poised For Rebound As Long As It Stays Above $2,200, Says Analyst

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