RF Acquisition Corp II - Right 주식 (NASDAQ: RFAIR)

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RF Acquisition Corp II - Right

Jeff Bezos once said anyone chasing a big goal should stop obsessing over the scoreboard and instead "work backwards" until they land on daily actions they can control.
What Happened: In a 2014 Business Insider <a href="https://www.youtube.com/watch?v=Xx92bUw7WX8">interview</a>, the billionaire advised managers to "focus on the controllable inputs to your business; in the long term, you get better results." 
He added: "If someone came to me and said, ‘Jeff, I want your job to be to drive up the Amazon stock price,' I would reject that job … I have no idea how to manage that directly. But I can make picking algorithms more efficient, and that will reduce cost structure."
Bezos laid out a simple chain: higher stock prices flow from stronger free cash flow, which in turn flows from lower costs, which start with "reducing defects at the root." "You keep working backwards until you get to something that's controllable," he said.
Amazon's 2016 shareholder letter delivers the same idea. Bezos wrote that senior managers spend "surprisingly little time discussing actual financial results" and instead pour their energy into delivery speed and customer-satisfaction scores.
See also: <a href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him">Sundar Pichai Says No One At Google Can Change Trump&#8217;s Search Ranking — Not Even Him</a>
Management experts say the approach tracks the classic operations doctrine of measuring what you can directly influence. Harvard Business Review refers to it as "choosing information for performance measurement and control" when outputs are noisy or delayed.
Why It Matters: Bezos's input-first mantra resurfaced last year when he <a href="https://www.benzinga.com/news/25/05/45608220/jeff-bezos-shares-his-secret-to-success-if-you-can-somehow-figure-out-how-to-have-a-calling-you-have-hit-the-jackpot">told a Dallas audience</a> that "loving what you do" is another controllable factor that compounds over decades.
Analysts say the philosophy is one reason Amazon's delivery <a href="https://www.benzinga.com/news/21/06/21788434/2-oregon-delivery-providers-drop-amazon-e-tailer-says-they-demanded-36m">partners complain</a> the company drills down to driver-level metrics such as stops per route and seat-belt compliance. Two Oregon contractors who quit in 2021 said the system was "arbitrary," but also acknowledged that those inputs determine last-mile costs.
Photo Courtesy: Lev Radin on Shutterstock.com
Read next: <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">Elon Musk &#8216;Disappointed&#8217; With Trump&#8217;s &#8216;Big Beautiful Bill,&#8217; Says It &#8216;Undermines The Work That The DOGE Team Is Doing&#8217;</a>

News

Management

Jeff Bezos Says Obsessing With This One Thing Is 'Silly', Here's Why The Amazon Founder Swears By 'Working Backwards' On Impossible Problems

President Donald Trump once again revived his long-simmering &#8220;Golden Dome&#8221; missile defense idea, this time bringing Canada into the fold, but with a provocative condition.
What Happened: On Tuesday, in a post on Truth Social, Trump claimed that Canada was eager to join the United States&#8217; proposed multi-layer missile defense system, the &#8220;Golden Dome.&#8221; 
In a rather provocative post, Trump says, &#8220;I told Canada, which very much wants to be part of our fabulous Golden Dome System, that it will cost $61 billion if they remain a separate, but unequal, Nation,&#8221; while adding that the country can get it for free or &#8220;ZERO dollars&#8221; if they become &#8220;our cherished 51st state.&#8221;
See Also: <a href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him">Sundar Pichai Says No One At Google Can Change Trump&#8217;s Search Ranking — Not Even Him</a>
Trump further claims that Canada is considering the offer, marking the latest escalation between Washington and Ottawa since the new administration came into power in January.
Trump&#8217;s post comes amid King Charles III&#8217;s visit to Canada to open the new session of the country&#8217;s parliament and deliver the traditional Throne speech. 
This marks the first time since 1977 that a British Monarch has given this speech, as opposed to the Governor General, who is the monarch&#8217;s representative in the country, according <a href="https://www.bbc.com/news/live/c3v53xg30k9t">to</a> the BBC.
During the speech, the King made a pointed reference to the country&#8217;s national anthem, saying that &#8220;The true north is, indeed, strong and free,&#8221; following which lawmakers rose to their feet in a prolonged ovation, seen as a rebuttal to Trump&#8217;s claims in recent months, while reaffirming the country&#8217;s sovereignty. 
The King arrived on the invitation of Canadian Prime Minister Mark Carney, who said that the visit &#8220;clearly underscores the sovereignty of our country,&#8221; and that it is a &#8220;historic honour that matches the weight of our times.&#8221;
Why It Matters: Experts say that Trump&#8217;s $175 billion &#8220;Golden Dome&#8221; idea could <a href="https://www.benzinga.com/general/space/25/05/45584539/donald-trumps-175-billion-golden-dome-could-trigger-a-new-space-arms-race-expert-warns-its-opening-a-pandoras-box">spark a new space race</a>. &#8220;I think it's opening a Pandora's box. We haven't truly thought about the long-term consequences for doing so,&#8221; they say.
The idea itself has garnered criticism from across the globe, even from the <a href="https://www.benzinga.com/25/05/45611605/kim-jong-uns-regime-slams-trumps-golden-dome-missile-defense-project-as-nuclear-war-scenario">likes of North Korea</a>, which termed it as being a &#8220;very dangerous threatening initiative.&#8221;
Defense stocks, however, have witnessed a rally on this news, with contractors such as L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>), Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), and RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) being considered among those that are <a href="https://www.benzinga.com/trading-ideas/25/05/45594018/3-defense-stocks-that-will-shine-under-trumps-golden-dome">most likely to gain</a> from this project.
Goldman Sachs analyst&nbsp;Noah Poponak reiterated the firm&#8217;s &#8220;Buy&#8221; rating on L3Harris, saying that <a href="https://www.benzinga.com/government/regulations/25/05/45574763/goldman-sachs-defense-stock-golden-dome">the dome initiative</a> could bring in &#8220;billions of dollars in incremental revenue.&#8221;
Space-tech company, Rocketlab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), is another player that is well-positioned to make the most of these tailwinds, especially since its <a href="https://www.benzinga.com/general/space/25/05/45633311/rocket-lab-stock-surges-on-geost-acquisition-strengthening-companys-positioning-for-golden-dome">recent acquisition</a> of payload manufacturing company, Geost.
Besides this, a month ago, <a href="https://www.benzinga.com/25/04/44861620/spacex-palantir-frontrunners-in-bid-that-could-build-donald-trumps-golden-dome-report">it was reported</a> that SpaceX, Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), and defense startup Anduril Industries were frontrunners for the project. 
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stock / ETF</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Performance </td>
<td class="has-text-align-center" data-align="center">Month-To-Date Performance</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>)</td>
<td class="has-text-align-center" data-align="center">+19.55%</td>
<td class="has-text-align-center" data-align="center">+13.32%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>)</td>
<td class="has-text-align-center" data-align="center">-1.12%</td>
<td class="has-text-align-center" data-align="center">+0.12%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>)</td>
<td class="has-text-align-center" data-align="center">+15.67%</td>
<td class="has-text-align-center" data-align="center">+7.52%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Rocketlab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>)</td>
<td class="has-text-align-center" data-align="center">+15.22%</td>
<td class="has-text-align-center" data-align="center">+26.86%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</td>
<td class="has-text-align-center" data-align="center">+64.09%</td>
<td class="has-text-align-center" data-align="center">+7.61%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Ark Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>)</td>
<td class="has-text-align-center" data-align="center">+9.06%</td>
<td class="has-text-align-center" data-align="center">+13.56%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>)</td>
<td class="has-text-align-center" data-align="center">+21.00%</td>
<td class="has-text-align-center" data-align="center">+12.56%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="139" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28003648/Screenshot-2025-05-28-at-10.06.35-AM-1024x139.png" alt="" class="wp-image-929234" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28003648/Screenshot-2025-05-28-at-10.06.35-AM-1024x139.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28003648/Screenshot-2025-05-28-at-10.06.35-AM-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28003648/Screenshot-2025-05-28-at-10.06.35-AM-768x104.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28003648/Screenshot-2025-05-28-at-10.06.35-AM-1536x209.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28003648/Screenshot-2025-05-28-at-10.06.35-AM.png 1620w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, L3Harris scores poorly across key ranking factors, but has a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to see how it compares with Lockheed Martin, RTX, and other peers and competitors.
Photo Courtesy: Harvepino on Shutterstock.com
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">Elon Musk &#8216;Disappointed&#8217; With Trump&#8217;s &#8216;Big Beautiful Bill,&#8217; Says It &#8216;Undermines The Work That The DOGE Team Is Doing&#8217;</a></li>
</ul>

Government

SPACE

Markets

ARKX

iShares Dow Jones US Aerospace & Defense Index Fund

PLTR

RKLB

Trump Dangles 'Golden Dome' Missile Shield, Says It's Free If Canada Becomes 51st State—King Charles Fires Back: 'The True North Is, Indeed, Strong And Free'

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) announced Tuesday a global partnership with management consulting giant Bain &amp; Company to deliver enterprise artificial intelligence (AI) transformations for clients worldwide, marking another strategic expansion for the data analytics firm.
What Happened: The collaboration pairs Palantir&#8217;s AI Operating Systems with Bain&#8217;s industry expertise across sectors and business transformation capabilities. According to the companies, clients can expect &#8220;tangible impact in weeks&#8221; through enhanced speed and efficiency in AI-driven productivity gains.
&#8220;At Bain, we are helping clients lead in the era of AI — not just with strategy, but with implementation that drives measurable results,&#8221; said Chuck Whitten, partner and global head of Bain&#8217;s digital practices. &#8220;This partnership with Palantir brings together our deep industry expertise and transformation experience along with their cutting-edge platforms to unlock end-to-end AI impact.&#8221;
Sameer Kirtane, Head of Commercial Sales at Palantir, emphasized the transformative nature of their technology. &#8220;Organizations that adopt our AI Operating Systems fundamentally change their unit economics, often requiring organizing around our technologies,&#8221; Kirtane said. &#8220;We believe Bain can help our customers accelerate their pace of adoption and as a result, lead their respective industries.&#8221;
See Also: <a href="https://www.benzinga.com/25/05/45635479/wed-have-had-a-recession-kevin-hassett-says-gop-tax-bill-prevented-300-billion-revenue-hitaverted-major-economic-catastrophe">Trump Economic Advisor Kevin Hassett Says &#8216;We&#8217;d Have Had A Recession&#8217; But Passing Of &#8216;One Big Beautiful Bill&#8217; Helped Avoid The Downturn</a>
Why It Matters: Bain&#8217;s AI, Insights, and Solutions practice includes more than 1,500 specialists in AI, data analytics, architecture, and engineering. The multidisciplinary team combines algorithmic, technical, and business expertise for machine learning implementation, business insight delivery, and technology architecture solutions.
The partnership represents Palantir&#8217;s latest commercial sector expansion <a href="https://www.benzinga.com/markets/equities/25/05/45536259/palantir-partners-with-sap-to-fuse-ontology-foundry-and-enterprise-dataceo-alex-karp-calls-it-extremely-valuable">following recent collaborations </a>with SAP SE and Divergent Technologies. Palantir shares have surged 480% over the past year, though the stock carries premium valuation metrics with price-to-sales ratios between 80-105x and forward P/E multiples exceeding 300x.
The announcement comes as Palantir continues positioning itself in enterprise AI markets while maintaining its traditional government contracting business, including <a href="https://www.benzinga.com/general/space/25/05/45584539/donald-trumps-175-billion-golden-dome-could-trigger-a-new-space-arms-race-expert-warns-its-opening-a-pandoras-box">involvement in potential projects</a> related to the President Donald Trump administration&#8217;s Golden Dome missile defense initiative.
Price Action: Palantir Technologies Inc. closed at $123.38 on Monday, up 0.055%. In after-hours trading, it inched up to $123.40. Year to date, the stock has surged 64.09%.
Palantir stock shows strong momentum and growth according to Benzinga Edge Stock Rankings. However, the stock performs poorly on valuation metrics while experiencing a positive price trend across short- to long-term timeframes. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Here is the full stock breakdown</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28001654/Screenshot-2025-05-28-at-9.46.47%E2%80%AFAM.png" alt="" class="wp-image-929231" style="width:533px;height:auto" /></a></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/25/05/45635104/cathie-wood-dumps-9-9m-tesla-despite-musks-24-7-pledge-loads-up-on-nvidia-before-earnings">Cathie Wood Dumps $9.9M Tesla Despite Musk&#8217;s &#8217;24/7&#8242; Pledge, Loads Up on Nvidia Before Earnings</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: slyellow / Shutterstock.com

Equities

Palantir Partners With Bain & Company To Accelerate Global Enterprise AI Adoption

Macro Economic Events

Econ #s

Economics

Reported Earlier, Australia Construction Work Done (QoQ) For Q1 0.0% Vs. 0.5% Est.; 0.9% (Revised) Prior

Expensive valuations of the S&amp;P 500 index, combined with all-time high U.S. household equity holdings, have been signaling high investor optimism despite looming uncertainties surrounding fiscal policies.
What Happened: As the market is grappling with uncertainties around the tariff and tax-related policies, the bond market upheaval, dollar decline, and the fears of rising trade deficit have kept investors on the edge.
However, according to the Federal Reserve Economic Data released by the Federal Reserve Bank of St. Louis, the households&#8217; investment in corporate equities stands at an all-time high of 43.47%, as of the fourth quarter of 2024.
This deep exposure to equities comes at a time when the S&amp;P 500 index price-to-earnings ratio stands at 23.73 as of May 23. According to the <a href="https://worldperatio.com/index/sp-500/#google_vignette">World PE Ratio</a> data, this was 32.62% higher than the last 20-year average of 15.99. 
The P/E ratio indicates how much investors are paying for every $1 of expected profit. So, as per the data, investors are paying $23.73 for $1 of next year's expected earnings.
The S&amp;P 500 Shiller CAPE Ratio, also known as the Cyclically Adjusted Price-Earnings ratio, is used as a valuation metric to forecast future returns, where a higher CAPE ratio could reflect lower returns over the next couple of decades, whereas a lower CAPE ratio could reflect higher returns over the next couple of decades.
According to YCharts, <a href="https://ycharts.com/indicators/cyclically_adjusted_pe_ratio">this ratio</a> stood had 34.82 as of May 8, which was more than double its average of 16, thus indicating lower returns in the future.
At the same time, the U.S. <a href="https://ycharts.com/indicators/us_personal_saving_rate#:~:text=Basic%20Info,long%20term%20average%20of%208.41%25.">personal saving rate</a> stood at 3.90% as of March 2025, compared to 4.10% last month and 5.20% last year. This is lower than the long-term average of 8.41%, according to YCharts.
See Also:<a href="http://See Also: https://www.benzinga.com/general/market-summary/25/05/45611941/quantum-computing-stocks-in-focus-pure-play-vs-large-caps-heres-a-look-at-the-valuations"> Quantum Computing Stocks In Focus: Pure Play Vs. Large Caps &#8211; Here&#8217;s A Look At The Valuations</a>
Why It Matters: These factors combined signal that stocks are expensive and owned very broadly, implying that even a moderate drop will affect the whole market. However, analysts remain positive on the stock market returns for 2025.
Ed Yardeni of Yardeni Research <a href="https://www.benzinga.com/25/05/45367861/ed-yardeni-revises-recession-odds-to-25-after-the-rally-bumps-sp-500-year-end-target-to-6500">raised the S&amp;P 500 year-end target</a> back up to 6,500 from 6,000, after the U.S.-China 90-day truce. &#8211;
Goldman Sachs sees the <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45379707/sp-500-to-6500-goldman-sachs-trims-recession-odds-as-trump-backs-off-on-tariffs">S&amp;P 500 12-month target</a> at 6,500, starting March 2025, citing stronger earnings, easing tariffs, and falling recession risk in March. 
Carson Group has predicted the S&amp;P 500 would rise 12% to 15% in 2025, implying a year-end close between 6,717 (at 12% return) and 7,443 (at 15% return).
Whereas, J.P. Morgan <a href="https://www.jpmorgan.com/insights/global-research/outlook/market-outlook#:~:text=Global%20equity%20markets%20will%20likely%20see%20a,with%20earnings%20per%20share%20(EPS)%20of%20$270.">estimates a price target</a> of 6,500 for the S&amp;P 500. They also acknowledge that &#8220;there is a large standard error around this forecast and the possibility that S&amp;P 500 may not reach this level until 2026&#8221;. 
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 1.28% to $586.51, while the QQQ advanced 1.41% to $516.40, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45612246/nvidia-to-be-hit-by-china-chip-export-curbs-or-deliver-q2-guidance-surprise-after-middle-east-dealmaking-heres-what-charts-show-ahead-of-q1-results">Nvidia To Be Hit By China Chip Export Curbs Or Deliver Q2 Guidance Surprise After Middle East Deal? Here&#8217;s What Charts Show Ahead Of Q1 Results </a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

S&P 500's Expensive Valuation Combined With All-Time High Household Holdings: A Look At Where US Stock Market Stands

President Donald Trump&#8217;s crypto and AI advisor, David Sacks, said Tuesday that the path to acquiring Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) for the strategic reserve is ready, and it&#8217;s just a matter of getting the relevant executive departments &#8220;excited.&#8221;
What happened: During a fireside chat with the Winklevoss twins at the Bitcoin 2025 conference in Las Vegas, Sacks was asked if the government is considering &#8220;proactively&#8221; acquiring Bitcoin.
If either the Commerce Department or the Treasury Department can figure out how to fund it [Strategic Reserve] without adding to the debt, then they are allowed to create those programs," Sacks replied.
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The crypto czar said he is not making any promises, but it's a matter of getting the two departments "excited" about the funding. He highlighted that the presidential authorization is ready in case they figure out a way.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45556899/from-amazon-to-warren-buffetts-berkshire-hathawaybitcoin-is-now-bigger-than-these-wall-street-titans">From Warren Buffett&#8217;s Berkshire Hathaway To Jeff Bezos&#8217; Amazon — Bitcoin Is Now Outshining These Wall Street Titans</a>
Why It Matters: President Donald Trump signed an executive order to <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">establish</a> a strategic Bitcoin reserve earlier in March, with a provision to develop budget-neutral strategies for acquiring additional BTC, provided that those strategies have no incremental costs on taxpayers.
Bo Hines, the executive director of the President's Council of Advisers on Digital Assets, had <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44450232/white-house-says-gold-reserves-may-be-used-to-purchase-bitcoin">suggested</a> in an interview that the U.S. could capitalize on the gains from its gold holdings to purchase more Bitcoin, citing legislation proposed by Sen. Cynthia Lummis (R-Wyo.).
However, little has come from the executive side since the order was signed. Moreover, some analysts have dubbed the idea of selling gold to accumulate Bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44148667/a-benzinga-debate-on-federal-reserve-assets-our-contributors-speak-on-gold-bitcoin">a "very risky" prospect</a>.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $108,904.46, down 0.02% 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>.&nbsp;
Photo Courtesy: PalSand on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45611404/anthony-scaramucci-remains-firm-on-bitcoin-as-the-best-investment-idea-even-as-the-largest-crypto-hovers-around-109000">Anthony Scaramucci Remains Firm On Bitcoin As The Best Investment Idea Even As The Largest Crypto Hovers Around $109,000</a></li>
</ul>

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

Cryptocurrency

Politics

$BTC

Trump's Crypto Advisor About US Plans On Buying More Bitcoin: It All Boils Down To…

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk expressed disappointment with President Donald Trump&#8216;s massive spending package, saying that the legislation &#8220;undermines the work&#8221; that the Department of Government Efficiency team is doing. The comments come as bond markets react sharply to fiscal concerns <a href="https://www.benzinga.com/25/05/45622854/trump-may-be-smoking-in-the-dynamite-shed-as-the-big-beautiful-bill-drives-bond-yields-higher">surrounding the $3.8 trillion bill</a>.
What Happened: &#8220;I was disappointed to see the massive spending bill frankly, which increases the budget deficit, not just decrease it and undermines the work that the DOGE team is doing,&#8221; Musk told CBS News in a short interview clip published on Tuesday.
Musk added his philosophy on legislation: &#8220;A bill can be big or it can be beautiful but I don&#8217;t know if it could be both.&#8221;
The criticism highlights tension between Musk&#8217;s deficit-reduction mandate at DOGE and Trump&#8217;s expansive tax-and-spending package, which the House narrowly passed 215-214 last week. The Congressional Budget Office estimates the legislation <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45564489/trumps-big-tax-bill-clears-the-house-30-year-yields-jump-to-515-as-bond-market-freaks">could add $2.3 trillion to $5.7 trillion to federal debt</a> by 2034.
See Also: <a href="https://www.benzinga.com/markets/bonds/25/05/45635713/warren-buffetts-cheap-debt-bet-on-these-japanese-stocks-is-minting-infinite-returns-fund-manager-calls-it-a-no-brainer">Warren Buffett&#8217;s Cheap Debt Bet On These Japanese Stocks Is Minting &#8216;Infinite Returns&#8217;, Fund Manager Calls It A &#8216;No-Brainer&#8217;</a>
Why It Matters: Bond markets have reacted negatively to the fiscal implications. The yield surge reflects investor concerns about the <a href="https://www.benzinga.com/news/25/05/45581297/trumps-big-beautiful-3-8-trillion-bill-squeaks-through-house-expert-says-it-will-boost-the-economy-in-the-short-term-but-worsen-deficits">government&#8217;s mounting $36.2 trillion debt</a> load and ability to service obligations.
Several Republican senators have threatened to block the legislation due to concerns about the deficit. Sen. Ron Johnson (R-Wis.) warned that GOP resistance could halt the bill unless significant spending cuts are made. The Senate must approve the package before the July 4 recess.
Treasury Secretary Scott Bessent maintains the economy can &#8220;grow its way out of debt&#8221; <a href="https://www.benzinga.com/news/25/05/45603865/cathie-wood-calls-trump-policy-reaganomics-on-steroids-as-treasury-secretary-says-us-can-grow-its-way-out-of-debt">through accelerated GDP growth</a>. ARK Invest&#8216;s Cathie Wood endorsed the approach as &#8220;Reaganomics on steroids.&#8221;
<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="Elon Musk explains why he was disappointed by Trump&#039;s &quot;big, beautiful bill&quot;" width="500" height="281" src="https://www.youtube.com/embed/fLbx2PJ4pqE?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>
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him">Sundar Pichai Says No One At Google Can Change Trump&#8217;s Search Ranking — Not Even Him</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

TSLA

Elon Musk 'Disappointed' With Trump's 'Big Beautiful Bill,' Says It 'Undermines The Work That The DOGE Team Is Doing'

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>) CEO Sundar Pichai has firmly rejected the notion that anyone at Google can manually alter search rankings, even in response to President Donald Trump's <a href="https://www.benzinga.com/news/24/09/41079928/trump-vs-google-former-president-alleges-search-engine-bias-says-its-only-showing-bad-stories-about">complaints</a>.
What Happened: In a conversation <a href="https://www.theverge.com/decoder-podcast-with-nilay-patel/673638/google-ceo-sundar-pichai-interview-ai-search-web-future">with</a> The Verge's Nilay Patel, Pichai was asked about Trump's criticism of his search rankings and the President's desire for them to be altered.
When asked whether search results for Trump would ever be adjusted in response to his complaints, Pichai said, "No. Look, we have a&#8230; I can't&#8230; Today, the way Google Search works is that I cannot&#8230; No person at Google can influence the ranking algorithm."
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45548615/alphabet-well-positioned-for-google-search-dominance-analyst-says-can-navigate-the-shift-to-ai-search">Alphabet &#8216;Well Positioned&#8217; For Google Search Dominance: Analyst Says Can &#8216;Navigate The Shift To AI Search&#8217;</a>
Why It's Important: Last year, Trump indicated that Google could face legal consequences, accusing the tech giant of interfering in the <a href="https://www.benzinga.com/news/24/09/40867103/nate-silver-if-trump-loses-he-will-have-let-election-slip-out-of-his-grasp-as-underlying-factors-fav">2024 presidential election</a> by manipulating search results.
He alleged that Google deliberately promoted negative coverage about him while giving greater visibility to favorable stories about former Vice President Kamala Harris.
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.
At the time, Google reaffirmed its previous stance and a company spokesperson said, "Both campaign websites consistently appear at the top of Search for relevant and common search queries."
After Trump won against Harris, Google contributed $1 million to support Trump's inauguration, aligning <a href="https://www.benzinga.com/tech/25/01/42898021/google-donates-1-million-to-trump-inauguration-plans-youtube-livestream-pleased-to-support">itself with other major donors</a> such as Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and others.
Alphabet has earned a growth score of 88.63% according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to compare it with other companies</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27225919/Screenshot-2025-05-28-at-8.27.29%E2%80%AFAM.png" alt="" class="wp-image-929203" /></a></figure>
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>.
Photo Courtesy: JHVEPhoto on Shutterstock.com
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45599346/why-googles-demis-hassabis-disagrees-with-co-founder-sergey-brin-on-when-agi-will-arrive-and-sets-a-much-higher-bar" target="_blank" rel="noreferrer noopener">Why Google's Demis Hassabis Disagrees With Co-Founder Sergey Brin On When AGI Will Arrive: ‘I Have Quite A High Bar'</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

Media

AMZN

GOOG

GOOGL

Sundar Pichai Says No One At Google Can Change Trump's Search Ranking — Not Even Him

Leading cryptocurrencies rose Tuesday, helped by improved consumer confidence and the Trump family&#8217;s foray into the Bitcoin treasury space.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:50 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+0.54%</td>
<td>$108,887.61</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>+4.46%</td>
<td>$2,641.03</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>+1.95%</td>
<td>$0.2259</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The apex cryptocurrency tapped the high $110,000s in the early morning hours before sliding to the $108,000 region overnight.
Ethereum saw greater momentum as the second-largest cryptocurrency jumped 4.5% in the last 24 hours, reaching an intraday high of $2,712.29.&nbsp;
As of this writing, Ethereum has outperformed its senior sibling in the second quarter, up 45% to Bitcoin&#8217;s 31% increase.
The moves come after Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), a firm co-founded and <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">majority-owned by</a> President Donald Trump, announced it will use the proceeds of a <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45635335/donald-trump-jr-says-we-are-seriously-long-bitcoin-and-after-tmtg-reveals-treasury-strategy">$2.5 billion private offering</a> to create a Bitcoin treasury.
Meanwhile, over $231 million was liquidated from the cryptocurrency market in the last 24 hours, with the majority being bearish short bets.
Bitcoin&#8217;s Open Interest rose 1.87% in the last 24 hours, while Ethereum saw a 7.68% jump in funds locked in its derivatives. More than 57% of Binance traders with open ETH positions were positioned long as of this writing.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:50 p.m. ET)</td>
</tr>
<tr>
<td>Virtuals Protocol (VIRTUAL)</td>
<td>+17.42%</td>
<td>$2.46</td>
</tr>
<tr>
<td>PancakeSwap (CAKE)</td>
<td>+14.98%</td>
<td>$2.82</td>
</tr>
<tr>
<td>SPX6900 (SPX)</td>
<td>+4.87%</td>
<td>$3.01</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.44 trillion, following a spike of 1.31% in the last 24 hours.
Stocks lifted on the first day of the holiday-shortened trading week. The Dow Jones Industrial Average gained 740.58 points, or 1.78%, to end at 42,343.65. The S&amp;P 500 added 2.05% to close at 5,921.54, while the tech-heavy Nasdaq Composite rallied 2.47% to end at 19,199.16.
The market reacted to Trump's decision <a href="https://www.benzinga.com/25/05/45603240/trump-agrees-to-extend-50-tariffs-on-europe-until-july-9-it-was-my-privilege-to-do-so">to delay the 50% tariffs on European Union imports</a> until July 9 from June 1. Additionally, U.S. <a href="https://www.benzinga.com/government/regulations/25/05/45621929/confidence-bounces-back-thanks-to-us-china-deal-but-consumers-still-play-it-safe">consumer confidence rebounded in May</a>, fueled by a recovering stock market and hopes tied to easing U.S.-China trade tensions.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Cryptocurrency analyst and trader Ali Martinez indicated that Bitcoin's top could be some time away.
"Bitcoin traders are currently sitting on 27% average profits. Historically, things start to look toppy once profits exceed 40%," Martinez added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> traders are currently sitting on 27% average profits. Historically, things start to look toppy once profits exceed 40%. <a href="https://t.co/LdXDqNQrO9">pic.twitter.com/LdXDqNQrO9</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1927449729232683320?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another widely followed cryptocurrency commentator, Michaël van de Poppe, said ETH was looking primed for a breakout above $3,000.
"ETH is probably the best play to have in your base portfolio," he stated.
<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">Things can change quickly. This one is also looking for a breakout upwards to $3,000+.<a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> is probably the best play to have in your base portfolio. <a href="https://t.co/G8hD6CR9Id">pic.twitter.com/G8hD6CR9Id</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1927314085277810904?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Yalcin Sonat On Shutterstock.com
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45627312/bitcoin-whale-in-stormy-waters-down-55-million-from-all-time-high-in-4-days">Bitcoin Whale In Stormy Waters, Down $55 Million From All-Time High In 4 Days</a></li>
</ul>

Movers

Trading Ideas

$DOGE

$ETH

Bitcoin, Ethereum, Dogecoin Gain After Trump Media's Planned BTC Investment, Consumer Optimism: Analyst Says This Large Crypto Is 'Best Play' In Base Portfolio At The Moment

Warren Buffett in 2020 got Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) to borrow yen at roughly 0.5 percent, bought five Japanese blue-chip trading houses paying total shareholder yields of 7-8 percent, and turned it into what investment fund manager Mohnish Pabrai describes as a &#8216;no-brainer&#8217; with &#8216;infinite return.&#8217;
What Happened: Warren Buffett marked his 90th birthday by quietly amassing just over 5 percent of each of Japan's five largest trading companies — Itochu (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>), Marubeni (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MARUY#OTC">MARUY</a>), Mitsubishi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTSUY#OTC">MTSUY</a>), Mitsui &amp; Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MITSY#OTC">MITSY</a>) and Sumitomo Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>) — a position worth about $6 billion when revealed on Aug. 31 2020.
A year earlier, Berkshire tapped Tokyo's bond market for 430 billion yen ($4 billion) at coupons ranging from 0.17 percent to 1.1 percent, locking in funding costs that averaged roughly 0.5 percent.
As explained by Pabrai in a recent <a href="https://www.youtube.com/watch?v=3xbhKOzNBW8">podcast</a>, at purchase, the five firms offered blended dividend yields near 5 percent and were buying back stock aggressively, pushing total shareholder yield toward 8 percent. On $6 billion of stock, that meant about $480 million a year in cash returns, versus approximately $30 million of interest expense on the yen loans. The spread delivered roughly $450 million of "carry" with almost no equity at risk.
See also: <a href="https://www.benzinga.com/news/25/05/45619523/neil-degrasse-tyson-says-cutting-science-and-education-funding-is-so-severe-if-a-foreign-power-did-it-wed-call-it-an-act-of-war">Neil deGrasse Tyson Says Cutting Science And Education Funding Is So Severe, If A Foreign Power Did It, We&#8217;d Call It &#8216;An Act Of War&#8217;</a>
Marubeni's New-York-listed ADR, for instance, closed 2020 at $66.81 and is currently at $195 according to Benzinga Pro data — well over a 190 percent gain. Similar moves across the other four houses doubled Berkshire's original stake to roughly $12 billion by late 2024, <a href="https://www.barrons.com/articles/berkshire-hathaway-warren-buffett-yen-carry-trade-93aa8239">according</a> to Barron's analysis.
Because virtually the entire position was funded with debt, Buffett's return on the sliver of equity he did commit is mathematically &#8220;infinite&#8221; — he recouped his capital via dividends long before the share-price moonshot.
Buffett told Nikkei TV last year he was "<a href="https://www.benzinga.com/markets/asia/23/04/31740469/warren-buffett-very-proud-of-japanese-investments-5-tokyo-listed-stocks-berkshire-has-stakes-in">very proud</a>" of the group's disciplined capital-return policies. <a href="https://www.benzinga.com/content/44493307/warren-buffett-thinks-this-country-could-be-the-next-big-bet">Trading houses trade</a> at single-digit price-earnings multiples against steady commodity-linked cash flows, a contrast to America's stretched valuations.
Photo Courtesy: Photo Agency On Shutterstock.com
Read next: <a href="https://www.benzinga.com/25/05/45616425/ray-dalio-slams-trumps-aggressive-leadership-style-likens-it-to-1930s-far-right-regimes-is-donald-trump-a-demagogue">Ray Dalio Slams Trump&#8217;s Leadership Style In New Book, Likens It To 1930s Far-Right Regimes: &#8216;&#8230;He Is Even More Aggressive Than They Were&#8217;</a>

Bonds

ITOCY

MARUY

MITSY

MTSUY

SSUMY

Warren Buffett's Cheap Debt Bet On These Japanese Stocks Is Minting 'Infinite Returns', Fund Manager Calls It A 'No-Brainer'

U.S. markets closed higher on Tuesday, with the S&amp;P 500 ending the day 2.05% higher at 5,921.54, while the Dow Jones Industrial Average rose 1.8% to 42,343.65. The Nasdaq also spiked nearly 2.5% to 19,199.16.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) saw a rise of 3.21%, closing at $135.50. The stock reached an intraday high of $135.66 and a low of $133.31, with a 52-week range between $153.13 and $86.63. Nvidia is gearing up for its <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45616366/nvidias-q1-earnings-loom-while-amds-edge-ai-bet-could-change-the-narrative">first-quarter earnings report</a>, with Wall Street anticipating an EPS of 88 cents and revenue of $43.54 billion. Despite being slightly under its eight-day simple moving average, the stock has shown strong technical performance, surging over 20% in the past month.
AMC Entertainment Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) surged 23.77%, closing at $4.01. The stock&#8217;s intraday high was $4.08, with a low of $3.39, and it has a 52-week range of $5.96 to $2.45. AMC Entertainment reported <a href="https://www.benzinga.com/25/05/45616728/amc-entertainment-stock-is-rising-tuesday-whats-going-on">robust admissions revenue</a> over the Memorial Day weekend, marking it as the third-biggest revenue period in over a decade for the company.
PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) dropped 13.64%, ending the day at $102.98. The stock&#8217;s high was $103.20, and its low was $97.32, with a 52-week range of $160 to $87.12. PDD Holdings <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45615528/pdd-holdings-posts-weak-results-joins-ehang-holdings-and-other-big-stocks-moving-lower-in-tuesdays-pre-market-session">experienced a sharp decline</a> in pre-market trading due to weaker-than-expected first-quarter results. Earnings-per-share for the period came in at $1.56, missing market estimates of $2.46.
Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) fell 10.38%, closing at $23.05. The stock hit an intraday high of $27 and a low of $22.64, with a 52-week range of $54.68 to $11.75. Trump Media announced plans to raise $2.5 billion to purchase Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45620103/whats-going-on-with-trump-media-stock-tuesday-2">entering into agreements</a> with institutional investors for stock and convertible note sales. The shares were seen up 2.4% at $23.60 in the after-hours trading.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 6.94%, closing at $362.89. The stock&#8217;s high was $363.79, with a low of $347.32, and it has a 52-week range of $488.54 to $167.42. Tesla shares climbed after CEO Elon Musk <a href="https://www.benzinga.com/news/25/05/45623941/tesla-stock-rises-as-elon-musk-pledges-renewed-focus-on-company-whats-going-on">reaffirmed his commitment</a> to the company, stating he is dedicating significant time to Tesla&#8217;s operations.
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.
AMC or GameStop? AMC ranks high on Short and Medium price trends. Here is <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how GameStop compares</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="444" height="277" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27223359/Screenshot-2025-05-28-at-11.31.43.png" alt="" class="wp-image-929185" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27223359/Screenshot-2025-05-28-at-11.31.43.png 444w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27223359/Screenshot-2025-05-28-at-11.31.43-300x187.png 300w" sizes="(max-width: 444px) 100vw, 444px" /></a></figure>
Photo Courtesy: Billion Photos on Shutterstock.com
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<li><a href="https://www.benzinga.com/25/05/45635104/cathie-wood-dumps-9-9m-tesla-despite-musks-24-7-pledge-loads-up-on-nvidia-before-earnings">Cathie Wood Dumps $9.9M Tesla Despite Musk&#8217;s &#8217;24/7&#8242; Pledge, Loads Up on Nvidia Before Earnings</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>

NVDA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Nvidia, AMC, PDD Holdings, Trump Media And Tesla: Why These 5 Stocks Are On Investors' Radars Today

White House economic advisor Kevin Hassett claims that the U.S. economy narrowly avoided a recession thanks to the GOP-backed tax bill.
What Happened: Hassett says that had the &#8220;One Big, Beautiful Bill&#8221; not passed in the House, &#8220;it would have been the biggest tax hike in American history,&#8221; while appearing on CNBC&#8217;s Squawk Box on Tuesday.
&#8220;And that big tax hike… would have cut about 4% off of GDP growth. We'd have had a recession,&#8221; says the Director of the National Economic Council, while citing figures from the Council of Economic Advisers and the Congressional Budget Office to support his claim.
See Also: <a href="https://www.benzinga.com/general/education/25/05/45635231/trump-administration-freezes-student-visa-appointments-will-step-up-social-media-surveillance-of-applicants">Trump Administration Freezes Student Visa Appointments, Will Step Up Social Media Surveillance Of Applicants</a>
Hassett explains that during a recession, government revenue tends to fall more steeply than the GDP. &#8220;The elasticity is one and a half,&#8221; he says. &#8220;So it&#8217;s a 6% decline in revenue,&#8221; assuming a 4% drop in economic output. That would amount to &#8220;maybe about $300 billion decline in revenue just this year,&#8221; he says.
He also pushed back against claims of the economy being vulnerable, pointing to recent strength in employment figures and the moderation of inflation. &#8220;We have really strong job numbers. We&#8217;ve got inflation heading down towards the Fed&#8217;s target,&#8221; Hassett said.
Hassett believes the markets were rattled by early uncertainty over the fate of the bill. He adds that the &#8220;Senate is making a great deal of progress,&#8221; and that the &#8220;gap between the Senate and the House is not enormous.&#8221;
Hassett concludes that, &#8220;once that big, beautiful bill is passed, then I think that we're off to the races,&#8221; implying a burst of momentum in the markets, as well as the broader economy.
Why It Matters: Hassett&#8217;s comments come amid growing concerns regarding <a href="https://www.benzinga.com/markets/25/05/45600354/trumps-big-tax-bill-clears-the-house-30-year-yields-jump-to-5-15-as-bond-market-freaks">spiking Treasury yields</a>, with 30-Year notes surging past the key 5% levels last week, owing to the bill&#8217;s provisions for extensive tax cuts and increased spending.
Critics such as Lawrence McDonald of The Bear Traps Report have <a href="https://www.benzinga.com/25/05/45622854/trump-may-be-smoking-in-the-dynamite-shed-as-the-big-beautiful-bill-drives-bond-yields-higher">referred to the bill</a> as being akin to &#8220;smoking in the dynamite shed,&#8221; referring to the long-term implications of rates being &#8220;higher for longer,&#8221; while citing the example of the billions in unrealized losses now facing Japan&#8217;s top insurance companies.
The bill has also come under criticism for its <a href="https://www.benzinga.com/25/05/45535537/trumps-budget-agenda-is-reverse-robin-hood-economics-says-justin-wolferstakes-from-working-families-gives-to-the-rich">cuts to social safety nets</a> and programs, while offering extensive tax cuts to the ultra-wealthy. Economist Justin Wolfers referred to it as &#8220;just pure reverse Robin Hood&#8221; last week, owing to its regressive characteristics. 
Price Action: U.S. 10-Year Treasury yields are now at 4.46%, while the 20-Year and 30-Year notes offer yields of 4.98%, and 4.97%, respectively, marking a retreat from the peak 5% yields last week.
Photo Courtesy: Dilok Klaisataporn On Shutterstock.com
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</ul>
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</div>
</figure>

Federal Reserve

Trump Economic Advisor Kevin Hassett Says 'We'd Have Had A Recession' But Passing Of 'One Big Beautiful Bill' Helped Avoid The Downturn

Donald Trump Jr., the executive vice president of&nbsp;The Trump Organization, said Monday that the conglomerate is &#8220;seriously long&#8221; on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) following the Trump Media &amp; Technology Group&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) announcement to raise $2.5 billion to invest in the leading cryptocurrency.
What Happened:&nbsp;Trump Jr. voiced a bullish perspective at the Bitcoin 2025 conference in Las Vegas, highlighting the Trump family&#8217;s investments in the space.
&#8220;We seriously long Bitcoin. We&nbsp;seriously long crypto,&#8221; the eldest child of President Donald Trump said. He described the Bitcoin treasury deal announced by TMTG hours ago as &#8220;pretty big.&#8221;
Notably, 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>&nbsp;his father, said it will use the proceeds of a $2.5 billion private offering to create a Bitcoin Treasury, making the apex cryptocurrency a &#8220;crucial&#8221; part of its reserve pile.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45613248/google-warns-quantum-computers-could-crack-bitcoin-like-encryption-20-times-faster-than-expected" target="_blank" rel="noreferrer noopener">Google Warns Quantum Computers Could Crack Bitcoin-Like Encryption 20 Times Faster Than Expected</a>
&#8220;There aren&#8217;t a lot of people that have done something that big or shown that level of commitment,&#8221; Trump Jr. stated.
While previous reports <a href="https://www.benzinga.com/markets/25/05/45611864/trump-media-group-reportedly-plans-to-raise-3-billion-to-buy-cryptocurrencies-borrowing-a-page-from-mstr-playbook-says-peter-schiff">claimed</a> that the treasury will hold other cryptocurrencies as well, he clarified that the investment is only for Bitcoin.
Why It Matters:&nbsp;The Trump family&#8217;s foray into the world of digital assets is not new. They have previously made <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44560290/trump-family-to-dive-into-bitcoin-mining-after-defi-meme-coin-projects">strategic bets on Bitcoin mining</a> along with <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45160707/eric-trump-says-world-libertys-stablecoin-will-be-used-to-close-a-2-billion-deal-dollar-token-to-also-get-integrated-with-justin-suns-tron-blockchain">ties</a> to the decentralized finance platform World Liberty Financial. 
However, their increasing investments in the industry, combined with Trump&#8217;s support for the sector, have sparked a political storm, with critics such as Sen. Elizabeth Warren (D-Mass.) <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45399468/elizabeth-warren-calls-out-trump-linked-stablecoin-as-a-national-security-risk-hes-cashing-in-on-foreign-crypto-deals">alleging a conflict of interest</a>.
Price Action: Trump Media stock rose 2.39% in after-hours trading after closing 10.4% lower at $23.05 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>. Bitcoin was trading at $108,929.33, up 0.54% in the last 24 hours.
As of this writing, the DJT stock exhibited a low value score—&nbsp;a metric that evaluates an asset&#8217;s relative worth by comparing its market price to fundamental measures. In case you're looking to pack your portfolio with high-value equities, check out&nbsp;<a href="https://www.benzinga.com/screener/top-value-stocks" target="_blank" rel="noreferrer noopener">Benzinga's proprietary Edge Rankings score</a>&nbsp;for reference.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="511" height="188" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27215134/Screenshot-2025-05-28-072117.png" alt="" class="wp-image-929165" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27215134/Screenshot-2025-05-28-072117.png 511w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27215134/Screenshot-2025-05-28-072117-300x110.png 300w" sizes="(max-width: 511px) 100vw, 511px" /></figure>
Photo Courtesy: Lev Radin on Shutterstock.com
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</ul>

Donald Trump Jr. Says We Are 'Seriously Long' Bitcoin And After TMTG Reveals Treasury Strategy

On Tuesday, the Donald Trump administration reportedly halted the <a href="https://www.benzinga.com/25/05/45578777/trump-administration-revokes-harvards-ability-to-enroll-international-students-kristi-noem-alleges-coordination-with-chinese-communist-party">scheduling of new student</a> and exchange visitor visa appointments as it prepares to roll out expanded social media vetting.
What Happened: According to an internal State Department cable obtained by Reuters, the directive, issued by Secretary of State Marco Rubio, instructs U.S. embassies and consulates to pause new appointments for F, M, and J visas while officials conduct a review of screening procedures.
&#8220;The Department is conducting a review of existing operations and processes for screening and vetting of student and exchange visitor (F, M, J) visa applicants,&#8221; the cable reads. &#8220;Based on that review, [it] plans to issue guidance on expanded social media vetting for all such applicants.&#8221;
See Also:&nbsp;<a href="https://benzinga.com/25/04/44816653/canada-eases-retaliatory-tariffs-on-us-goods-as-trade-tensions-thaw-under-softer-trump-stance-stocks-react" target="_blank" rel="noreferrer noopener">Canada Eases Retaliatory Tariffs On US Goods As Trade Tensions Thaw Under Softer Trump Stance: Stocks React</a>
While previously scheduled appointments may proceed, available slots not yet filled should be removed, the cable advises. A senior State Department official confirmed the order's authenticity, the report added.
Social media vetting refers to the review of a student's online activity across platforms such Meta Platforms, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Facebook, Instagram, Elon Musk's X (formerly Twitter), Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), ByteDance-owned TikTok and YouTube, a subsidiary 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 to help determine their eligibility to study at universities in the U.S. State Department spokesperson Tammy Bruce declined to address the cable directly but underscored the administration's broader national security priorities.
"We will continue to use every tool we can to assess who it is that&#8217;s coming here, whether they are students or otherwise," Bruce said at a press briefing, the report said.
Why It's Important: On Tuesday, hundreds of demonstrators — including students and faculty at Harvard University — gathered on campus to show solidarity with international students and to oppose the Trump administration's reported attempts to <a href="https://www.benzinga.com/news/25/04/44916659/harvard-sues-trump-administration-for-attempting-to-withhold-billions-in-federal-grants-over-alleged-antisemitism-response">withdraw federal funding</a> from the school, the report noted.
Last week, the Trump administration took steps to strip Harvard University of its authority to admit international students — a group that accounts for roughly 6,800 individuals, or about 27% of the school's total enrollment.
Administration officials have stated that student visa and green card holders could face deportation for <a href="https://benzinga.com/markets/equities/25/05/45185889/trump-harvards-not-a-school-its-a-political-entity-that-should-be-taxed">expressing support for Palestinians</a> or criticizing Israel's actions in the Gaza conflict, framing such views as harmful to U.S. foreign policy and labeling them as pro-Hamas.
Critics argue this stance undermines First Amendment protections, calling it a direct <a href="https://www.benzinga.com/25/04/44855064/trump-administration-asks-irs-to-revoke-harvards-tax-exempt-status-after-president-accuses-ivy-league-university-of-pushing-sickness">attack on free speech</a>.
Photo Courtesy: Song_about_summer on Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Education

General

RDDT

Trump Administration Freezes Student Visa Appointments, Will Step Up Social Media Surveillance Of Applicants

On Tuesday, Cathie Wood-led Ark Invest executed notable trades involving NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). These trades come amid significant market developments and strategic shifts, capturing the attention of investors and analysts alike.
The Tesla Trade
Ark Invest made a significant decision to sell shares of Tesla on Tuesday. The trade involved the sale of 27,377 shares through the ARK Innovation ETF (BATS: ARKK). This move comes as Tesla&#8217;s stock experienced a 6.94% surge, reaching $362.89 for the day. Ark&#8217;s Tesla transaction was valued at $9.9 million.
On Tuesday, Elon Musk emphasized his <a href="https://www.benzinga.com/news/25/05/45623941/tesla-stock-rises-as-elon-musk-pledges-renewed-focus-on-company-whats-going-on">renewed commitment</a> to Tesla in a social media post, stating he is now &#8220;spending 24/7 at work,&#8221; which has sparked investor interest.
The Nvidia Trade
Ark Invest also made a strategic purchase of NVIDIA shares, acquiring 21,504 shares through the ARKK ETF and an additional 13,039 shares via the ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>). This acquisition occurs as Nvidia prepares to release its <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45629981/nvidia-amd-shares-climb-as-tariff-delay-boosts-tech-sector-whats-going-on">first-quarter earnings</a>, with expectations of an EPS of $0.88 and revenue of $43.54 billion. Nvidia&#8217;s stock has seen a 20.75% increase over the past month, driven by strong technical indicators and anticipation of its earnings report. The purchase by Ark Invest highlights confidence in Nvidia&#8217;s position as a leader in AI technology, despite geopolitical challenges.
On Tuesday, Nvidia stock rose 3.2% for the day at $135.50. The stock purchase by Wood was valued at $4.7 million.
The AMD Trade
Ark Invest&#8217;s interest in AMD was evident with the purchase of 50,837 shares through the ARKK ETF and 46,231 shares via the ARKW ETF. This move aligns with AMD&#8217;s growing presence in the AI sector, positioning itself as a formidable competitor to Nvidia. The recent delay in tariffs on European Union imports by President Donald Trump has provided a <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45629981/nvidia-amd-shares-climb-as-tariff-delay-boosts-tech-sector-whats-going-on">boost to AMD&#8217;s stock</a>, contributing to a broader tech sector rally.
For the day, AMD stock rose 3.85% to $114.56, making Ark&#8217;s purchase worth $11.1 million.
Other Key Trades:
<ul class="wp-block-list">
<li>Sold 1,104,945 shares of 3D Systems Corp through the ARKQ ETF and 257,346 shares through ARKX..</li>
<li>Bought 230,450 shares of CRISPR Therapeutics AG via the ARKK ETF and 32,009 through ARKG.</li>
<li>Sold 95,589 shares of Roblox Corp through the ARKK ETF.</li>
</ul>
Benzinga Edge Stock Rankings indicate AMD has a Momentum in the 20th percentile and Growth in the 97th percentile. Here is how you can <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">find out</a> how Nvidia compares.
<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="442" height="280" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27210340/Screenshot-2025-05-28-at-10.03.25.png" alt="" class="wp-image-929139" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27210340/Screenshot-2025-05-28-at-10.03.25.png 442w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27210340/Screenshot-2025-05-28-at-10.03.25-300x190.png 300w" sizes="(max-width: 442px) 100vw, 442px" /></a></figure>
Photo Courtesy: ChrisStock82 on Shutterstock.com
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</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

Cathie Wood Dumps $9.9M Tesla Despite Musk's '24/7' Pledge, Loads Up on Nvidia Before Earnings

Autel Energy, a Chinese <a href="https://www.benzinga.com/25/01/42762224/bev-market-share-will-increase-across-us-china-europe-in-2025-says-sp-global-mobility">electric vehicle</a> charging startup with a growing footprint in the U.S., is facing bipartisan calls for federal investigation as national security concerns over data access and grid vulnerability intensify.&nbsp;
Sen. Marsha Blackburn (R-TN) and Rep. John Moolenaar (R-MI) formally requested in a <a href="https://selectcommitteeontheccp.house.gov/sites/evo-subsites/selectcommitteeontheccp.house.gov/files/evo-media-document/05.19.25_Autel%20Congressional%20Investigation%20letter_FINAL.pdf">letter</a> dated May 19 to the Defense and Commerce departments to assess the company's ties to the <a href="https://www.benzinga.com/25/04/44755999/new-intel-ceo-lip-bu-tan-linked-to-hundreds-of-chinese-tech-firms-including-companies-tied-to-chinas-military-report">Chinese military</a> and consider adding it to federal blacklists. The lawmakers allege Autel Energy may pose a significant threat to American consumer data and infrastructure integrity.
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This marks another flashpoint in the ongoing U.S.-China tech rivalry, where control over emerging technologies like AI, chips, and clean energy systems has become central to geopolitical strategy, a<a href="https://www.belfercenter.org/research-analysis/another-technology-race-us-china-quantum-computing-landscape"> report</a> from Belfer Center for Science and International Affairs published on May 13 says.
<h2 class="wp-block-heading">Lawmakers Target Autel's Ties To Chinese Military Through Corporate Parent</h2>
Autel Energy is a subsidiary of Autel Intelligent Transportation, which also owns Autel Robotics, a drone manufacturer previously sanctioned by both the Commerce and Defense departments for its alleged military affiliations in China, <a href="https://www.wsj.com/livecoverage/stock-market-today-tariffs-trade-war-05-20-2025/card/u-s-lawmakers-call-for-probe-into-chinese-ev-charging-startup-pBIuqBNsjMmAyfGBizRr">The Wall Street Journal</a> reports.
In their letter, Blackburn and Moolenaar said that Autel Energy&#8217;s integration into U.S. charging infrastructure could expose private consumer data and sensitive energy grid access to foreign influence. According to The Journal, the call for investigation is part of a broader legislative push to curtail Chinese access to American tech ecosystems.
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Moolenaar, who chairs the House select committee on China, and Blackburn emphasized in the letter the potential for Autel's EV chargers to collect sensitive driver data and connect to critical infrastructure, posing cybersecurity and national security risks.
<h2 class="wp-block-heading">Autel's U.S. Footprint Expands Through Partnerships And Local Production</h2>
Despite its Chinese parentage, Autel Energy has made strategic moves to embed itself within North American markets. According to The Journal, the company launched production operations at a new facility in North Carolina in 2023 and entered partnerships with charging networks like ChargeSmartEV and Red E Charge in key states such as New York, Massachusetts and Michigan.
Red E CEO Abass El-Hage told The Journal that the company sources hardware from a range of manufacturers and maintains strict cybersecurity testing protocols.
An Autel Energy spokesperson stated the company has direct investments and partnerships in North America, The Journal says. Lawmakers, however, raised concerns about its ties to Autel Robotics and its Chinese parent firm, citing potential national security risks, according to the letter.
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<h2 class="wp-block-heading">Growing Tech Tensions Drive Clampdown On Cross-Border Access</h2>
According to the Belfer Center report, the U.S.-China tech standoff has steadily escalated over the past three years, with both countries implementing export restrictions, blacklists, and sanctions involving advanced chips, rare-earth materials, and AI hardware.
Now, lawmakers appear increasingly focused on EV infrastructure as a strategic concern, The Journal reports. As Washington tightens its grip on foreign tech infiltration, Autel Energy may become the next high-profile company to face operational constraints or outright bans.
The outcome of this investigation could shape future policy toward international EV players and how America secures its charging networks in a rapidly electrifying economy.&nbsp;
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Two U.S. Lawmakers Demand Federal Investigation Into Chinese EV Charger Giant Autel Energy Over U.S. Data Concerns

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