에 대한 최신 뉴스 RumbleON (NASDAQ:RMBL) 주식

RumbleON

RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment that derives the majority of revenue consists of the distribution principally of motorcycles and other powersports vehicles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions.

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

KYTX

PSFE

RMBL

화요일 오전(현지 시간 기준) 미국 주식 선물이 상승하면서 오늘 투자자들의 관심을 끌 수 있는 주식 중 일부는 다음과 같다: 월가는 홈 디포(NYSE:HD)가 개장 전에 분기별 이익을 주당 4.50달러, 매출 433억 8천만 달러로 보고할 것으로 예상하고 있다. 홈디포 주가는 시간외 거래에서 0.2% 상승한 346.59달러를 기록했다.

화요일 주목해야 할 주식: 홈 디포, 페이세이프 그리고 3종목

RumbleON Inc

YouTube sensation MrBeast—Jimmy Donaldson—has been quietly discussing a major <a href="https://www.benzinga.com/news/25/03/44109824/apples-500b-u-s-investment-analyst-calls-it-completely-unrealistic-questions-where-the-money-will-come-from">funding</a> round that could peg his holding company at roughly $5 billion. According to<a href="https://www.bloomberg.com/news/articles/2025-02-27/youtube-star-mrbeast-is-raising-money-at-a-5-billion-valuation"> Bloomberg</a>, his various ventures, including Feastables, Lunchly, and his video production outfit, generated over $400 million in sales last year.&nbsp;
With his channel boasting over 368 million subscribers and YouTube pulling in roughly <a href="https://www.statista.com/statistics/289658/youtube-global-net-advertising-revenues/#:~:text=In%202024%2C%20YouTube's%20global%20advertising,in%20the%20preceding%20fiscal%20period.">$31.5 billion in ad revenue in 2024</a>, the scale is hard to ignore.
<h2 class="wp-block-heading">Bold Moves and Balancing Risks</h2>
MrBeast's reputation rests on creating high-impact content—from massive giveaways to jaw-dropping challenges—that continues to capture audiences worldwide.
Don't Miss:
<ul>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share today.</a></li>
</ul>
His ability to consistently drive hundreds of millions of views per video has propelled him to the forefront of digital media. However, as his business model grows, concerns arise about whether such broad appeal can translate into long-term profitability.
Venture capitalist Sam Lessin <a href="https://x.com/lessin/status/1833545048543375856">posted on X </a>that MrBeast's growth pattern resembles that of BuzzFeed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZFD#NASDAQ">BZFD</a>). Lessin pointed out that while viral content can skyrocket an audience, it doesn't always convert into a sustainable revenue stream.&nbsp;
He cautioned that if MrBeast's viewership remains too diffuse, the $5 billion figure might overstate the future earnings potential—a reminder of the pitfalls that once hit BuzzFeed.
Trending: <a href="https://www.benzinga.com/money/overplay">Mark Cuban Backs This Innovative Startup That Turns Videos into Games&nbsp; &#8212; Claim Your Share Now</a>
On another note, liquidity is a sticking point. Despite Forbes reporting that MrBeast raked in <a href="https://www.forbes.com/sites/stevenbertoni/2024/10/28/top-creators-2024-the-influencers-turning-buzz-into-billions/">$85 million in 2024</a>, he mentioned on the "<a href="https://www.youtube.com/watch?v=FjrJ2DJN_pA">Diary of a CEO podcast</a>" that his available cash is under $1 million.
Dr. James Mohs, a money and accounting professor at the University of New Haven, told <a href="https://www.marketwatch.com/story/mrbeast-claims-to-be-a-billionaire-who-has-less-than-1-million-in-cash-is-that-normal-for-the-rich-1a68eae7">MarketWatch</a> that for someone of his stature, a cash reserve of about 10% of total wealth is ideal. This revelation raises eyebrows about whether his strategy of funneling nearly all profits back into his ventures might leave little room to maneuver if market conditions sour.
Not one to rest on his laurels, MrBeast recently branched into traditional television with his show &#8220;Beast Games&#8221; on <a href="https://www.benzinga.com/news/25/02/44049133/last-week-jeff-bezos-lost-3-9-billion-in-a-day-woke-up-3-9-billion-richer-now-its-gone">Amazon</a> Prime Video. The project, which reportedly cost him "tens of millions of dollars," marks a significant shift from online content to a more mainstream medium.&nbsp;
See Also: <a href="https://www.benzinga.com/money/startengine-own">The $1.3 Billion Startup Investment Boom: How This Company's Explosive Growth Is Opening Doors For Everyday Investors With A New $500 Minimum</a>
Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) backed the first season with a $100 million investment. Still,<a href="https://www.reuters.com/breakingviews/mrbeast-buzz-risks-being-new-medias-old-story-2025-02-28/"> Reuters</a> reports that such massive outlays come with risks, especially if the digital-first media market experiences unexpected changes.
Another point of concern is the "key man" risk in an empire so closely tied to Donaldson&#8217;s personal brand. While he has successfully raised funds in previous rounds and explored investment opportunities, including potential bids for TikTok stakes, questions remain about the long-term sustainability of a model built on broad, viral content.
Read Next:
<ul>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

AMZN

BZFD

MrBeast Raising $200M At $5B Valuation To Expand Empire—From Feastables To Viral Videos, His Business Is Booming

Each week, Benzinga&#8217;s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the <a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also: <a href="https://www.benzinga.com/trading-ideas/25/03/44124338/exclusive-februarys-20-most-searched-tickers-on-benzinga-pro-where-do-tesla-palantir-alibaba-nvidia-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: February&#8217;s 20 Most-Searched Tickers On Benzinga Pro – Where Do Tesla, Palantir, Alibaba, Nvidia Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending March 7:
Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>): The gold company saw increased interest from Benzinga readers during the week. The biggest reason for the increased attention was likely <a href="https://www.benzinga.com/quote/GOLD/analyst-ratings">a UBS analyst</a> upgrade on the stock going from Neutral to Buy with a $22 price target. Benzinga recently shared that the company is getting closer to <a href="https://www.benzinga.com/25/02/43843615/barrick-nears-malian-resolution-completes-feasibility-studies-for-two-world-class-projects">resolving a dispute</a> in Mali, an item that has hurt the company's financials. <a href="https://www.benzinga.com/topic/gold">Gold stocks</a> could also be seeing increased attention from investors as a possible <a href="https://www.benzinga.com/25/03/44119668/trump-tariffs-could-make-your-next-car-12000-more-expensive-expert-says-25-fees-will-have-a-sharp-negative-effect-on-auto-sales">hedge against tariffs </a>and growing macroeconomic concerns.
The stock was up 3% over the last week as shown on the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1">Benzinga Pro chart </a>below and shares are up 17% over the last year.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175020/Screenshot-345.png" alt="" class="wp-image-815195" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175020/Screenshot-345.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175020/Screenshot-345-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175020/Screenshot-345-768x391.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Alamos Gold Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>): Another gold stock seeing increased attention from Benzinga readers during the week was Alamos Gold. The company recently reported a record 2024 performance and predicted that production growth will grow 24% annually through 2027 with continued expansion. The company's fourth-quarter earnings per share and revenue each beat Street consensus estimates. The company has now beaten earnings per share estimates in eight of the last 10 quarters and revenue estimates in seven of the last 10 quarters overall.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175033/Screenshot-346.png" alt="" class="wp-image-815196" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175033/Screenshot-346.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175033/Screenshot-346-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175033/Screenshot-346-768x382.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Realty Income Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>): The real estate investment trust saw strong interest from readers during the week. The company recently <a href="https://www.benzinga.com/real-estate/reit/25/02/43943711/realty-incomes-affo-miss-and-fy25-outlook-sends-stock-lower-despite-solid-rent-recapture-2">reported fourth-quarter</a> financial results with adjusted funds from operations per share up 4% year-over-year to $1.05, falling shy of analyst estimates of $1.07. The company owns or holds interest in more than 15,000 properties and pays a monthly dividend, which could be a reason for the increased interest. Investors could be looking for investment income and high dividends to offset concerns from tariffs and macroeconomic concerns.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175053/Screenshot-347.png" alt="" class="wp-image-815197" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175053/Screenshot-347.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175053/Screenshot-347-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175053/Screenshot-347-768x385.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Honeywell International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>): The industrial company saw increased interest from Benzinga readers during the week, which could be related to recent financial results and an acquisition. Honeywell<a href="https://www.benzinga.com/25/03/44109915/honeywell-acquires-sundyne-for-216-billion-expanding-energy-and-industrial-equipment-portfolio"> announced a $2.2 billion</a> deal to acquire Sundyne from Warburg Pincus. The acquisition will expand Honeywell's industrial equipment portfolio. Honeywell has now announced $9 billion in acquisitions since December 2023.
The company recently <a href="https://www.benzinga.com/news/earnings/25/02/43526541/honeywell-q4-earnings-revenue-and-eps-beat-pursues-planned-split-into-3-public-companies-by-2026">announced it would</a> separate into three business units as part of a portfolio transformation. The move will include tax-free spinoffs for shareholders.
Honeywell's fourth-quarter revenue and earnings per share beat analyst estimates. The company has beaten earnings per share estimates in more than 10 straight quarters. Honeywell's revenue has beaten analyst estimates in four of the last 10 quarters overall.
The stock traded flat on the week and shares are up around 6% over the last year.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175110/Screenshot-348.png" alt="" class="wp-image-815198" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175110/Screenshot-348.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175110/Screenshot-348-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175110/Screenshot-348-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>): The IT Services company saw strong interest from readers during the week, which comes after it announced acquisitions and ahead of quarterly financial results. The company<a href="https://www.benzinga.com/markets/eurozone/25/03/44108259/accenture-ma-acquires-ai-firm-halfspace-altus-consulting-in-uk-to-expand-advanced-ai-solutions-in-europe"> announced the acquisition</a> of Denmark-based AI company Halfspace. The acquisition is expected to boost the company's presence in the Nordic and European regions and boost the company's overall AI capabilities. Halfspace, which was founded in 2015, develops AI solutions and products that can be used by companies. Accenture is also acquiring Altus Consulting, a company that provides advisory services. The acquisition is expected to add to Accenture's insurance division and boost its presence in the United Kingdom.
Accenture will report second-quarter financial results on March 20. Analysts expect the company to report revenue of $16.63 billion, up from $15.80 billion in last year's second quarter and earnings per share of $2.82, up from $2.77 in last year's second quarter. The company has beaten estimates for revenue in two straight quarters and seven of the last 10 quarters overall. The company has beaten earnings per share estimates in two straight quarters and nine of the last 10 quarters overall.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175127/Screenshot-349.png" alt="" class="wp-image-815199" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175127/Screenshot-349.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175127/Screenshot-349-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/07175127/Screenshot-349-768x390.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent030625&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/25/02/43578212/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-53" target="_blank" rel="noreferrer noopener">February 7</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/02/43900861/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-54" target="_blank" rel="noreferrer noopener">February 21</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/02/44053760/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-55">February 28</a></li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/01/43041374/exclusive-how-high-will-sp-500-go-under-donald-trump-in-2025-readers-are-optimistic-26-say-this" target="_blank" rel="noreferrer noopener">EXCLUSIVE: How High Will S&amp;P 500 Go Under Donald Trump In 2025? Readers Are Optimistic, 26% Say This…</a></li>
</ul>

Exclusives

GOLD

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Disgraced cryptocurrency mogul Sam Bankman-Fried weighed in on the future of digital assets under President Donald Trump&#8217;s administration, according to an interview from his prison released Thursday.
What Happened: In an interview with popular media personality&nbsp;Tucker Carlson, Bankman-Fried appeared hopeful about a better prospect under Trump.
&#8220;You look at what the Trump administration said going into office. There are a lot of good things. There are a lot of things that are very different from the stance that the Biden administration took,&#8221; the founder of the now bankrupt FTX cryptocurrency exchange said.
Bankman-Fried added that what counts now is the fulfillment of those promises.
&#8220;Changing the guard helps. But financial regulators, they&#8217;re big giant bureaucracies in the federal government. They&#8217;re not used to changing overnight,&#8221; he emphasized. &#8220;So, I think the big question is when rubber meets the road.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">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>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Bankman-Fried,&nbsp;who is serving a 25-year sentence for&nbsp;the&nbsp;FTX fraud, also reminisced about donating to Joe Biden&#8217;s 2020 campaign, adding that he used to lean toward the centre-left then. 
He said he became disillusioned after making several trips to Washington, D.C., and realized things weren&#8217;t moving in a &#8220;good direction.&#8221;
&#8220;By late 2022, I was giving to Republicans privately as much as Democrats, and that started becoming known right around after this collapse,&#8221; Bankman-Fried added.
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: Once known as the cryptocurrency white knight, Bankman-Fried's fortunes changed dramatically after his FTX empire came crashing down following accusations of&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">misappropriation of customer accounts</a>&nbsp;in November 2024. The event sparked a cryptocurrency bear market, sending coins like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to new depths.
His parents, both Stanford Law professors, are seeking a presidential pardon from Trump
In the same <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44184693/sam-bankman-fried-says-prison-inmate-diddy-has-been-kind-to-him-its-a-position-no-one-wants-to-be-in">interview</a>, Bankman-Fried shared his prison experience, including interactions with fellow inmate Sean &#8220;Diddy&#8221; Combs, whom he described as &#8220;kind.&#8221;
Photo via Shutterstock.
Read Next:&nbsp;
<ul>
<li><a href="https://in.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Trump Creates Strategic Bitcoin Reserve Funded By Forfeited Assets: &#8216;I Made The Promise&#8217; — BTC Dips 4%</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 'When Rubber Meets The Road' On Crypto's Fate Under Trump, Slams Biden's Policies

On Friday, Cathie Wood-led&nbsp;Ark Invest&nbsp;made some significant trades, with notable activity around stocks such as Roblox Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>), Roku Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>), Ibotta Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBTA#NYSE">IBTA</a>), Personalis Inc. (NGM: PSNL), Absci Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABSI#NASDAQ">ABSI</a>), and Recursion Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>).
The RBLX Trade
Ark Invest sold shares of&nbsp;Roblox Corp&nbsp;across multiple ETFs. The ARK Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>), ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) funds sold 1394, 1919, and 6558 shares respectively. This move came as Roblox&#8217;s stock closed at $57.17, down 2.39% on the day.
The total value of the sold shares, calculated from the latest closing price, amounts to approximately $568,000.
The ROKU Trade
Shares of&nbsp;Roku Inc&nbsp;were also sold across the ARKF, ARKK, and ARKW funds, totaling 3615, 6910, and 17704 shares respectively. Roku&#8217;s stock closed at $76.67, down 3.68% on the day.
The total value of the sold shares, calculated from the latest closing price, is approximately $2.3 million.
The PATH Trade
Shares of&nbsp;UiPath Inc&nbsp;were sold across the ARKK, ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>), and ARKW funds, totaling 237840, 11003, and 83559 shares respectively. UiPath&#8217;s stock closed at $12.31, up 4.77% on the day.
The total value of the sold shares, calculated from the latest closing price, is approximately $3.6 million.
The IBTA, PSNL, ABSI, and RXRX Trades
On the buying side, Ark Invest added shares of&nbsp;Ibotta Inc,&nbsp;Personalis Inc,&nbsp;Absci Corp, and&nbsp;Recursion Pharmaceuticals Inc&nbsp;to its ARKF and ARKG funds. The total value of these purchases, calculated from the latest closing prices, is approximately $2.8 million.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44209136/trumps-crypto-czar-david-sacks-reveals-us-government-missed-out-on-gains-of-over-17-billion-by-selling-bitcoin-ea">Trump's Crypto Czar David Sacks Reveals US Government Missed Out On Gains Of Over $17 Billion By Selling Bitcoin Early</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

Tech

ETFs

ABSI

ARKF

ARKK

ARKQ

ARKW

IBTA

PATH

PSNL

RBLX

ROKU

RXRX

Cathie Wood-Led Ark Invest Roblox, Roku, UiPath As Markets Take A Dip

David Sacks, the White House&#8217;s &#8220;Crypto Czar,&#8221; highlighted a significant financial oversight by the U.S. government that cost it billions in gains.
What Happened: The&nbsp;Department of Justice&nbsp;(DOJ) could have secured over $17 billion had it retained its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings instead of selling them prematurely, Sacks said.
The DOJ had&nbsp;sold approximately 195,000 Bitcoin for&nbsp;$366 million, a mere fraction of its current valuation.
"If the government had held the bitcoin, it would be worth over $17 billion today. That's how much it has cost American taxpayers not to have a long-term strategy," Sacks said.
Sacks, who previously served as&nbsp;PayPal&nbsp;COO and is a well-known venture capitalist, underscored the financial repercussions for taxpayers due to the absence of a long-term strategy.
Presently, the federal government possesses Bitcoin valued at $17.05 billion, as reported by blockchain analytics firm&nbsp;Arkham.
The responsibility for auctioning Bitcoin seized by the government falls to the U.S. Marshals Service.
Recently, President&nbsp;Donald Trump&nbsp;announced the formation of a &#8220;crypto strategic reserve&#8221; that will encompass&nbsp;Bitcoin, 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&nbsp;(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>).
Bitcoin&#8217;s current value stands at $87,104, having experienced a nearly 8% decline&nbsp;in the past 24 hours, although it has risen over&nbsp;6.5% in the past week.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Over the past decade, the federal government sold approximately 195,000 bitcoin for proceeds of $366 million. If the government had held the bitcoin, it would be worth over $17 billion today. That's how much it has cost American taxpayers not to have a long-term strategy.
&mdash; David Sacks (@davidsacks47) <a href="https://twitter.com/davidsacks47/status/1897640660338925938?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The establishment of a&nbsp;<a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Strategic Bitcoin Reserve</a>&nbsp;by President Trump marks a pivotal shift in the U.S. government&#8217;s approach to digital assets.
This reserve, funded by Bitcoin obtained through forfeiture proceedings, is valued at approximately $17 billion. The initiative aims to bolster the U.S. position in the global cryptocurrency landscape without burdening taxpayers.
At a recent&nbsp;<a href="https://www.benzinga.com/25/03/44208906/trump-declares-us-the-bitcoin-superpower-at-historic-white-house-crypto-summit-with-top-industry-executives">White House crypto summit</a>, President Trump declared his ambition to make the U.S. a leading force in Bitcoin and digital assets. This commitment to embracing the cryptocurrency industry is further evidenced by the creation of the reserve, which is expected to be managed by the Treasury Department.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44209114/trump-threatens-russia-with-sanctions-amid-ukraine-conflict-as-he-pushes-for-peace">Trump Threatens Russia With Sanctions Amid Ukraine Conflict As He Pushes For Peace</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

$ADA

$ETH

$SOL

$XRP

Trump's Crypto Czar David Sacks Reveals US Government Missed Out On Gains Of Over $17 Billion By Selling Bitcoin Early

President Donald Trump&nbsp;is contemplating imposing extensive&nbsp;sanctions and tariffs on Russia. This move aims to pressure Russia into a peace agreement in the ongoing conflict with Ukraine.
What Happened:&nbsp;Trump expressed his concerns on his social media platform, Truth Social, citing Russia&#8217;s intensified military actions against Ukraine.
"Based on the fact that Russia is absolutely ‘pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED," Trump said.
On Friday, Russia launched a significant aerial attack on Ukrainian cities, deploying 67 missiles and 194 drones, according to Ukraine&#8217;s Air Force.
While most were intercepted,&nbsp;damage to power and gas&nbsp;facilities was reported. This attack is part of Russia&#8217;s strategy to target Ukraine&#8217;s power infrastructure, often causing blackouts.
Trump&#8217;s comments followed a tense meeting with&nbsp;Ukrainian President Volodymyr Zelensky&nbsp;in the Oval Office, which left the future of peace talks uncertain.
The U.S. administration recently paused intelligence sharing with Ukraine and halted weapons shipments, complicating Ukraine&#8217;s defense efforts.
Despite previous threats of sanctions, Trump has not yet acted on them. The U.S. and allies have long imposed sanctions on Russia, affecting its economy. Trump has faced criticism for his stance on the conflict, with some accusing him of echoing&nbsp;Russian President Vladimir Putin&#8216;s narratives.
Why It Matters: The decision to consider sanctions comes amid a backdrop of growing tension between the U.S. and Ukraine.
Earlier in March,&nbsp;<a href="https://www.benzinga.com/news/global/25/03/44101854/trump-reportedly-halts-ukraine-military-aid-pressures-zelenskyy-to-seek-peace-with-russia-amid-growing-rift">Trump reportedly halted military aid to Ukraine</a>, urging President Zelensky to pursue peace with Russia. This move was seen as a pressure tactic to push Ukraine towards negotiations.
In addition,&nbsp;<a href="https://www.benzinga.com/25/03/44187280/trumps-team-reportedly-in-covert-talks-with-zelenskyys-political-opponents-they-are-ready-to-play-trumps-game">Trump&#8217;s team has been in covert discussions with Zelensky&#8217;s political opponents</a>, exploring the possibility of swift presidential elections in Ukraine. This has added another layer of complexity to the already tense situation.
Public opinion in the U.S. reflects a divided stance on Trump&#8217;s handling of the conflict.
According to a recent&nbsp;<a href="https://www.benzinga.com/news/global/25/03/44183107/trumps-approval-rating-48-voters-disapprove-of-handling-of-russia-ukraine-war-55-think-world-war-to-happen">Emerson College poll</a>, Trump&#8217;s approval rating remains steady, but there is significant disapproval of his approach to the Russia-Ukraine war. The poll also indicates that a majority of voters fear the potential for a world war, highlighting the global stakes involved in this conflict.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44209007/elon-musk-marco-rubio-clash-in-heated-white-house-meeting-in-first-signs-of-tensions-in-trumps-cabinet-report">Elon Musk, Marco Rubio Clash In Heated White House Meeting In First Signs Of Tensions In Trump's Cabinet: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos courtesy: Shutterstock

Global

Trump Threatens Russia With Sanctions Amid Ukraine Conflict As He Pushes For Peace

Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) executives have expressed skepticism over&nbsp;Microsoft Corp.'s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) recent quantum computing claims.
What Happened:&nbsp;Last month, Microsoft introduced a quantum processor named Majorana 1, asserting it could revolutionize data storage and complex calculations, <a href="https://www.businessinsider.com/amazon-exec-casts-doubt-microsoft-quantum-claims-2025-3">reported</a> Business Insider.
However,&nbsp;Simone Severini, Amazon&#8217;s&nbsp;head of quantum technologies, emailed&nbsp;CEO&nbsp;Andy Jassy, questioning the validity of Microsoft&#8217;s claims.
Severini pointed out that the scientific paper published in Nature did not substantiate the breakthrough, only suggesting potential for future experiments. He also noted Microsoft&#8217;s history of retracted papers in the quantum field.
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.
Amazon&#8217;s internal communications, including Slack messages, revealed further doubts.
Oskar Painter, Amazon&#8217;s head of quantum hardware, criticized Microsoft CEO&nbsp;Satya Nadella&#8216;s statements as exaggerated. Painter expressed more favorable opinions on quantum efforts by Alphabet Inc.'s&nbsp;Google&nbsp;and&nbsp;IBM.
Despite the skepticism, industry experts acknowledge the potential of quantum computing but caution that Microsoft&#8217;s achievements are still far from creating a practical quantum computer.
Microsoft maintains that utility-scale quantum computers are imminent, while Amazon anticipates a longer timeline for mainstream adoption.
See Also: <a href="https://www.benzinga.com/tech/25/03/44105518/microsoft-adds-paragon-partition-manager-driver-to-blocklist-as-ransomware-hackers-exploit-windows-signed-driver-for-attacks">Microsoft Adds Paragon Partition Manager Driver To Blocklist As Ransomware Hackers Exploit Windows-Signed Driver For Attacks</a>
Why It Matters: The quantum computing race has intensified, with major tech companies vying for breakthroughs.
In February, <a href="https://www.benzinga.com/25/02/43830761/microsoft-unveils-majorana-1-quantum-chip-races-against-google-and-nvidia-in-quantum-computing">Microsoft launched Majorana 1</a>, a quantum chip powered by a new Topological Core architecture. This chip aims to solve industrial-scale problems using topological conductor materials to produce more reliable qubits.
This development followed&nbsp;<a href="https://www.benzinga.com/content/44106524/majorana-1-can-it-cement-microsofts-place-in-quantum-computing">Google&#8217;s announcement</a>&nbsp;of a new quantum chip in December, sparking significant interest in quantum computing stocks.
Shortly after Microsoft&#8217;s announcement,&nbsp;<a href="https://www.benzinga.com/tech/25/02/44019698/amazon-unveils-ocelot-quantum-chip-after-microsoft-aims-to-slash-error-correction-costs-by-90">Amazon introduced Ocelot</a>, a quantum chip designed to cut quantum error correction costs by up to 90%.
Developed by the AWS Center for Quantum Computing, Ocelot incorporates cat qubit technology and other components onto a scalable microchip.
This move by Amazon highlights the competitive landscape, as tech giants strive to advance quantum computing capabilities.
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>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/03/44103985/74-of-deepseeks-output-mimics-openais-chatgpt-new-study-reveals-it-does-raise-questions-about-its-development" target="_blank" rel="noreferrer noopener">74% Of DeepSeek's Output Mimics OpenAI's ChatGPT, New Study Reveals: ‘It Does Raise Questions About Its Development'</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

MSFT

Amazon Execs Question Microsoft's Quantum Computing Breakthrough, Says It's Necessary To 'Push Back' Against Satya Nadella's Comments: Report

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
Market volatility has surged due to uncertainties around U.S. trade tariffs. President Trump's shifting stance on a 25% import tariff has unsettled investors, leading to a sharp decline in the U.S. dollar, which saw its worst weekly drop since November 2022.
Stock markets have also been affected, with the S&amp;P 500 and Nasdaq 100 extending their losses. The Nasdaq 100 entered correction territory, dropping over 10% from its peak. Investors now anticipate potential Federal Reserve rate cuts amid trade uncertainty and weaker economic data.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has not been spared, slipping below $90,000 despite the U.S. establishing a strategic reserve. This reflects broader market fears and the interplay between financial policies and digital assets. The mix of trade concerns, currency fluctuations, and market reactions highlights ongoing financial instability.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.
The Bulls
<a href="https://www.benzinga.com/news/earnings/25/03/44181200/broadcom-stock-surges-on-q1-earnings-beat-revenue-beat-strong-guidance-we-expect-continued-strength-in-ai-semiconductor-revenue">"Broadcom Stock Surges On Q1 Earnings Beat, Revenue Beat, Strong Guidance: ‘We Expect Continued Strength In AI Semiconductor Revenue'"</a> by Adam Eckert reports that Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) reported first-quarter revenue of $14.92 billion, surpassing analyst estimates of $14.61 billion, and adjusted earnings per share of $1.60, exceeding expectations of $1.49, with the company anticipating continued strength in AI semiconductor revenue.
<a href="https://www.benzinga.com/news/earnings/25/03/44126630/chargepoint-shares-climb-after-solid-q4-report-q1-guidance-details">"ChargePoint Shares Climb After Solid Q4 Report, Q1 Guidance: Details"</a> by Erica Kollmann reports that ChargePoint Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) posted a Q4 loss of 14 cents per share, meeting expectations, while revenue of $101.88 million slightly exceeded forecasts, driving shares higher.
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44149912/jd-com-stock-soars-102-in-a-year-can-q4-earnings-keep-the-rally-alive">"JD.Com Stock Soars 102% In A Year: Can Q4 Earnings Keep The Rally Alive?"</a> by Surbhi Jain reports that JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) has surged 102% in a year, with investors eyeing Q4 earnings to determine if the rally will continue.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/earnings/25/03/44154278/lendingtree-stock-rallies-after-strong-q4-results-details">LendingTree Stock Rallies After Strong Q4 Results: Details</a>
<a href="https://www.benzinga.com/news/earnings/25/03/44096190/quantum-si-shares-climb-despite-worse-than-expected-q4-results">Quantum-Si Shares Climb Despite Worse-Than-Expected Q4 Results</a>
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44175102/stocks-of-the-day-are-double-bottom-patterns-bullish-for-valero-marathon">Stocks Of The Day: Are Double Bottom Patterns Bullish For Valero, Marathon?</a>
The Bears
<a href="https://www.benzinga.com/news/earnings/25/03/44180568/bigbear-ai-stock-plummets-after-q4-eps-revenues-miss-details">"BigBear.ai Stock Plummets After Q4 EPS, Revenues Miss: Details"</a> by Erica Kollmann reports that BigBear.ai Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) posted a quarterly loss of 43 cents per share, missing analyst expectations of a 5-cent loss, with revenue of $43.8 million falling short of the anticipated $54.48 million, leading to a 22.1% drop in stock value.
<a href="https://www.benzinga.com/news/ipos/25/03/44108760/coreweaves-ipo-3-major-red-flags-investors-cant-ignore">"CoreWeave's IPO: 3 Major Red Flags Investors Can't Ignore"</a> by Surbhi Jain reports that concerns arised over CoreWeave's dependency on Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), aggressive valuation, and competition from tech giants like Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
<a href="https://www.benzinga.com/news/earnings/25/03/44152781/marvell-technology-stock-drops-after-q4-results-q1-guidance-roughly-in-line-details">"Marvell Technology Stock Drops After Q4 Results, Q1 Guidance Roughly In-Line: Details"</a> by Erica Kollmann reports that Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) posted a Q4 adjusted earnings per share of 60 cents, slightly surpassing analyst expectations, but shares fell due to in-line Q1 guidance.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44149416/mongodb-slides-into-q4-earnings-bearish-signals-vs-wall-street-optimism">MongoDB Slides Into Q4 Earnings: Bearish Signals Vs. Wall Street Optimism</a>
<a href="https://www.benzinga.com/25/03/44103584/plug-stock-drops-as-hydrogen-leader-struggles-with-margins-initiates-cost-reduction-plan">Plug Power Tightens Its Belt: Plans Massive Cost Cuts &amp; Cash Burn Control In New Strategy</a>
<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/03/44139684/trump-bump-turns-into-slump-spy-sinks-as-sp-500-erases-post-election-gains">Trump Bump Turns Into A Slump: SPY Sinks As S&amp;P 500 Erases Post-Election Gains</a>
Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga">Benzinga</a><a href="http://twitter.com/Benzinga"> on X</a>.
Image created using artificial intelligence via Midjourney.

AVGO

BBAI

CHPT

MRVL

NVDA

Benzinga Bulls And Bears: Broadcom, ChargePoint, BigBear.ai — And Tariff Whiplash Confounds Markets

In a dramatic turn of events at the White House,&nbsp;Elon Musk&nbsp;and&nbsp;Marco Rubio&nbsp;reportedly engaged in a heated debate during a meeting with&nbsp;President Donald Trump&nbsp;and other officials. The confrontation centered around Musk&#8217;s aggressive cost-cutting strategies and Rubio&#8217;s staffing decisions.
What Happened: According <a href="https://www.nytimes.com/2025/03/07/us/politics/trump-musk-doge-power.html">to</a>&nbsp;The New York Times, the tension unfolded in the Cabinet Room, where Musk accused Rubio of insufficient staff reductions, claiming only one employee was dismissed from&nbsp;Musk's Department of Government Efficiency.
Rubio countered by highlighting the early retirement of over 1,500 State Department officials as proof of layoffs.
The meeting, attended by approximately 20 individuals, was a pivotal moment in President Trump&#8217;s second term.
It signaled potential limitations on Musk&#8217;s cost-cutting measures, which have faced legal challenges and raised concerns among Republican lawmakers.
President Trump, witnessing the exchange, stepped in to defend Rubio&#8217;s efforts and urged for teamwork.
He emphasized the necessity for a more nuanced approach to government efficiency, suggesting that cabinet secretaries would now take the lead, with Musk&#8217;s team serving in an advisory role.
Despite the intense exchanges, the meeting underscored growing tensions within Trump&#8217;s administration.
Musk remains a key political supporter of Trump, but the session highlighted the challenges of balancing his influence with the administration&#8217;s objectives.
Why It Matters: This clash comes amid ongoing controversies surrounding Musk&#8217;s&nbsp;<a href="https://www.benzinga.com/news/25/02/43962278/elon-musks-doge-staffers-resign-refuse-to-dismantle-critical-public-services-white-house-hits-back-saying-trump-wont-be-stopped-by-protests-and-lawsuits">Department of Government Efficiency (DOGE)</a>.
Recently, over 20 civil service employees resigned, refusing to participate in dismantling what they deemed essential public infrastructure. This incident, highlighted internal resistance to Musk&#8217;s strategies.
Furthermore,&nbsp;<a href="https://www.benzinga.com/25/03/44186261/doge-staffers-reportedly-draw-hefty-salaries-funded-by-taxpayers-while-musk-pushes-for-wasteful-spending-cuts">reports</a>&nbsp;from Mar. 7 revealed that DOGE employees are receiving substantial taxpayer-funded salaries while downsizing federal agencies. This has fueled criticism of Musk&#8217;s cost-cutting measures, with some questioning the efficiency of such high salaries amid budget cuts.
Additionally,&nbsp;<a href="https://www.benzinga.com/news/25/03/44156631/elon-musks-doge-team-has-door-slammed-on-it-at-africa-aid-agency-amid-raging-turf-war">DOGE staffers</a>&nbsp;faced a setback when denied entry to the U.S. African Development Foundation headquarters. This incident is part of a broader conflict stemming from Trump&#8217;s executive order to eliminate certain functions of independent agencies, further complicating Musk&#8217;s efforts.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/03/44105518/microsoft-adds-paragon-partition-manager-driver-to-blocklist-as-ransomware-hackers-exploit-windows-signed-driver-for-attacks">Microsoft Adds Paragon Partition Manager Driver To Blocklist As Ransomware Hackers Exploit Windows-Signed Driver For Attacks</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Elon Musk, Marco Rubio Clash In Heated White House Meeting In First Signs Of Tensions In Trump's Cabinet: Report

Despite Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock plunging nearly 40% since President Donald Trump took office in January, Wedbush analyst Dan Ives remains bullish, calling the selloff a "generational opportunity" and predicting that EV giant's stock could double within 12 months.
What Happened: Tesla shares have suffered a historic seven-week losing streak, shedding $500 billion in market cap. The company's <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">brand value has also fallen</a> 26%, ranking 36th globally, down from 18th place in 2024, according to Brand Finance.
Despite the grim outlook, Ives sees Tesla's long-term potential, reiterating his $550 price target and maintaining an <a href="https://www.benzinga.com/markets/equities/25/03/44184412/dan-ives-calls-out-elephant-in-the-room-amid-tesla-selloff-addresses-elon-musks-doge-role-and-trump-ties-as-wedbush-reiterates-550-target">"Outperform" rating on the stock</a>.
"It is a dark time right now for Tesla bulls, but to me, it is not the time to head for the hills. This is actually a time to double down," Ives said in an interview with CNBC.
The analyst believes Tesla's autonomous technology and Optimus humanoid robot will account for 90% of the company's valuation, stating, "Autonomous itself is worth more value than all of Tesla today."
While acknowledging brand concerns and Elon Musk's political ties, Ives downplayed their impact, estimating that less than 5% of Tesla's sales are at risk due to shifting customer sentiment.
See Also:&nbsp;<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" target="_blank" rel="noreferrer noopener">Broadcom Shares Jump 13% In After-Hours Trading On Strong AI Results — Gary Black Says, ‘This Should Help AI Stocks Tomorrow</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/W8iEa2QZQF">https://t.co/W8iEa2QZQF</a> <a href="https://twitter.com/SquawkStreet?ref_src=twsrc%5Etfw">@SquawkStreet</a> &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;&#x1f4fa;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1898161021858058474?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It's Important: Tesla has been facing increased scrutiny, including<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 showrooms</a> and vandalism at charging stations. Moreover, potential Trump tariffs on Canada and Mexico could disrupt Tesla's supply chain, <a href="https://www.benzinga.com/25/03/44176616/trump-vs-musk-tesla-to-be-hurt-by-tariffs-on-mexico-despite-friendship">as 20-25% of its parts</a> come from Mexico.
Still, Ives remains confident, citing upcoming innovations like a sub-$35,000 Tesla model and the launch of unsupervised Full Self-Driving in Austin this June.
Price Action: Tesla shares have dropped 30.75% year-to-date, ending Friday at $262.67 — well below the average analyst price target of $329.26, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/TSLA/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/08035233/Screenshot-2025-03-08-at-2.22.27%E2%80%AFPM-1024x376.png" alt="" class="wp-image-815237" /></a></figure>
Read Next:
<ul>
<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&#8217;d Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

TSLA

Tesla Stock Crashes About 40% Since Trump Took Office, Brand Takes A Hit, And Musk Faces Criticism: Analyst Says Dark Times For Bulls But Not Enough To Head For The Hills

At a first-of-its-kind <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44125213/white-house-crypto-summit-to-feature-roundtable-with-industry-leaders-including-michael-saylor">crypto summit at the</a> White House, President Donald Trump pledged to make U.S. the global leader in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and digital assets, signaling his administration's full embrace of the cryptocurrency industry.
What Happened: On Friday, more than two dozen top crypto executives, including the Winklevoss twins, Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) CEO Brian Armstrong, and Kraken executives, gathered at the White House to discuss the future of crypto policy in the U.S., <a href="https://www.nytimes.com/2025/03/07/technology/trump-crypto-summit.html">reported</a> the New York Times.
"I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet," Trump said, adding, "We're taking historic action to deliver on that promise."
Earlier, Trump had announced an <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44184474/trump-announced-strategic-bitcoin-reserve-to-allow-buying-additional-btc-peter-schiff-doesnt-think-so-but-heres-what-the-order-says">executive order to establish</a> a national Bitcoin reserve, which he compared to a virtual Fort Knox for digital assets. "Never sell your Bitcoin," he said during the summit.
The summit also highlighted Trump's reversal of Biden-era crypto crackdowns, with his administration ending SEC investigations into Coinbase and Kraken and fast-tracking pro-crypto legal guidance.
Also Read:&nbsp;<a href="https://www.benzinga.com/news/global/25/03/44174606/jpmorgan-questions-viability-of-us-crypto-reserve-cites-issues-with-smaller-tokens" target="_blank" rel="noreferrer noopener">JPMorgan Questions Viability of US Crypto Reserve, Cites Issues With Smaller Tokens</a>
Why It's Important: Trump's pro-crypto stance marks a dramatic shift in U.S. regulatory policy, positioning the nation to compete in the global digital currency market.
On Friday, it was also reported that Trump&#8217;s cryptocurrency project has raised an impressive <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44189569/trumps-crypto-venture-earns-350-million-within-18-days-of-memecoin-launch-its-a-terrible-example-says-expert">$350 million through memecoin</a> sales.
After Trump&#8217;s address to the <a href="https://in.benzinga.com/markets/equities/25/03/44133368/trumps-congressional-address-taps-elon-musk-for-government-overhaul-revives-drill-baby-drill-for-energy-boom">joint session of Congress</a>, the value of the Trump memecoin jumped over 6%, making it the most successful meme coin with a market cap exceeding $1 billion in the past 24 hours.
Melania Trump&#8217;s official Melania coin also experienced a 5% increase.
Price Action: At the time of writing, Bitcoin is trading at $86,038.33, reflecting a 2.41% decline over the past 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">Benzinga Pro data</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44170204/vladimir-putin-said-nobody-can-ban-bitcoin-but-russia-isnt-looking-to-follow-donald-trumps-push-for-a-crypto-reserve" target="_blank" rel="noreferrer noopener">Vladimir Putin Said ‘Nobody Can Ban Bitcoin,' But Russia Isn't Looking To Follow Donald Trump's Push For A Crypto Reserve</a></li>
</ul>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Government

Media

COIN

Trump Declares US The 'Bitcoin Superpower' At White House Crypto Summit With Top Industry Executives

On Thursday, the House Judiciary Committee subpoenaed 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 parent company of Google, which owns YouTube, demanding it turn over communications with the executive branch regarding content moderation and alleged government pressure to censor speech.
What Happened: House Judiciary Committee Chair Jim Jordan (R-Ohio) issued the subpoena requesting Alphabet's internal communications with the current and previous administrations, as well as with third-party groups working with the federal government, <a href="https://thehill.com/policy/technology/5180818-jim-jordan-alphabet-subpoena-communications-biden-administration/">reported</a> The Hill.
"The Committee's oversight has revealed that YouTube, a subsidiary of Alphabet, was a direct participant in the federal government's censorship regime," Jordan wrote in a letter to Alphabet CEO Sundar Pichai.
Jordan cited emails between Google and the White House in 2021 concerning COVID-19 misinformation, stating that government officials pressured tech platforms to remove certain content.
He argued that the subpoena was necessary to help develop legislation limiting the executive branch's ability to influence content decisions on social media platforms.
Google spokesperson José Castañeda responded, stating, "We will continue to show the committee how we enforce our policies independently, rooted in our commitment to free expression."
Last year, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg revealed that during the COVID-19 pandemic, his company experienced <a href="https://www.benzinga.com/general/biotech/24/08/40575260/mark-zuckerberg-reveals-biden-administration-pressured-meta-platforms-to-censor-certain-covid-19-">pressure from top officials</a> in the Joe Biden administration to restrict certain content on its platforms.
Zuckerberg also stated that he would oppose any similar pressures in the future.
"Alphabet, to our knowledge, has not similarly disavowed the Biden-Harris Administration's attempts to censor speech," Jordan said in his letter on Thursday.
See Also:&nbsp;<a href="https://www.benzinga.com/media/25/03/44135027/googles-chrome-changes-disable-ublock-origin-for-even-more-users-can-you-still-block-ads" target="_blank" rel="noreferrer noopener">Google's Chrome Changes Disable uBlock Origin For Even More Users —Can You Still Block Ads?</a>
Why It's Important: The subpoena issued to Alphabet is part of a broader scrutiny of tech companies&#8217; relationships with the government.
Earlier this year, Meta also decided to shift toward a Community Notes-style content moderation system, resembling the method used by Elon Musk&#8217;s X, formerly Twitter.
The transition was viewed as part of big tech companies' attempt to build ties with the Donald Trump administration. For instance, several major U.S. corporations including Meta, Target Corp, and McDonald's have <a href="https://in.benzinga.com/news/25/01/43214683/target-ends-dei-program-following-trumps-call-to-eliminate-illegal-preferences-expert-calls-it-brand-suicide-for-retail-giant-with-diverse-customer-base">ended their diversity, equity, and inclusion</a> (DEI) program following former Trump&#8217;s call to eliminate &#8220;illegal preferences.&#8221;&nbsp;
Meanwhile, the Justice Department has also <a href="https://www.benzinga.com/news/legal/25/03/44208199/googles-monopoly-fight-just-got-more-intense-justice-department-reaffirms-plan-to-split-up-the-tech-giant-in-historic-antitrust-battle">intensified its call to break up</a> Alphabet Inc.&#8217;s Google, advocating for the sale of Chrome and imposing limits on its search operations.
Price Action: At the time of writing, Alphabet&#8217;s Class A shares dipped 0.086% in after-hours trading to $173.71, while Class C shares fell 0.023% to $175.71. During Friday&#8217;s regular session, Class A shares closed 0.88% higher at $173.86, and Class C shares rose 0.88% to $175.75, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPad Turns 15 Today: Here&#8217;s A Throwback To When Steve Jobs Explained Called It The ‘Third Category&#8217; After Phones And Notebooks</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

GOOG

GOOGL

Google Faces Congressional Scrutiny As House Panel Demands Internal Communications On Government Pressure: 'YouTube… Was A Direct Participant In The Federal Government's Censorship Regime'

Elon Musk's AI venture xAI has purchased a 1-million-square-foot property in Southwest Memphis, Tennessee.
What Happened: The new investment builds on xAI's December announcement, where it detailed plans to scale Colossus to house at least one million GPUs in the state.
The Greater Memphis Chamber confirmed on Friday that the project is progressing rapidly, stating that Colossus is "well on the path to the supercluster size" as outlined in xAI's original expansion blueprint.
See Also: <a href="https://in.benzinga.com/25/02/43905475/elon-musks-truth-seeking-grok-ai-silences-trump-and-tesla-ceos-misinformation-claims-then-backtracksxai-blames-former-openai-employee">Elon Musk&#8217;s Grok AI Silences Trump, Tesla CEO&#8217;s Misinformation Claims, Then Backtracks — xAI Blames Former OpenAI Employee</a>
Environmental activists have criticized the expansion due to the high energy consumption of data centers.
However, the Memphis Chamber highlighted that xAI&#8217;s new facility includes an $80 million water recycling plant and the world&#8217;s largest deployment of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Megapacks for <a href="https://www.benzinga.com/news/24/06/39199007/elon-musks-xai-to-take-on-tech-giants-microsoft-google-and-openai-with-planned-memphis-supercomputer">data center operations</a>.
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 Matters: Colossus is seen as a critical component of Musk's AI strategy, as he seeks to compete with OpenAI and other industry leaders.
Last year in December, <a href="https://www.benzinga.com/tech/24/12/42358400/elon-musks-xai-raises-6b-for-the-2nd-time-this-year-as-it-looks-to-take-the-challenge-to-openai-google-and-jeff-bezos-backed-anthropic">xAI raised $6 billion</a> to expand its Colossus supercomputer, aiming to increase its GPU count from 100,000 to over a million.
Last month, xAI&#8217;s AI chatbot Grok, which is set to be <a href="https://www.benzinga.com/tech/25/01/42867252/xais-grok-chatbot-to-be-integrated-into-tesla-vehicles-soon-says-elon-musk">integrated into Tesla vehicles</a>, has surpassed competitors like ChatGPT and Google&#8217;s Gemini to become the leading <a href="https://in.benzinga.com/tech/25/02/43841642/elon-musks-grok-overtakes-openais-chatgpt-google-gemini-and-chinas-deepseek-as-the-leading-productivity-app-on-apples-app-store">productivity app on the App Store</a>.
This development happened following xAI's <a href="https://in.benzinga.com/tech/25/02/43761023/elon-musks-xai-to-unveil-grok-3-on-monday-as-ai-race-with-chatgpt-parent-openai-and-chinas-deepseek-heats-up">release of Grok 3</a>, which introduced new AI capabilities, including image analysis.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43746268/david-tepper-rausing-family-boost-nvidia-holdings-ahead-of-stock-volatility" target="_blank" rel="noreferrer noopener">David Tepper, Rausing Family Boost Nvidia Holdings Ahead Of Stock Volatility</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

Elon Musk's xAI Acquires 1-Million-Square-Foot Property In Memphis For Supercomputer Expansion

The Justice Department has doubled down on its demand to break up 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, pushing for the sale of Chrome and <a href="https://www.benzinga.com/government/24/08/40475379/alphabets-google-faces-revived-chrome-lawsuit-after-appeals-court-ruling">restrictions on its search</a> business.
What Happened: In a court filing on Friday, the Justice Department reaffirmed its call for Google to divest Chrome and end its exclusive search engine deals with Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Mozilla, and smartphone manufacturers.
"Google's illegal conduct has created an economic goliath, one that wreaks havoc over the marketplace to ensure that—no matter what occurs—Google always wins," the filing stated.
See Also: <a href="https://www.benzinga.com/media/25/03/44135027/googles-chrome-changes-disable-ublock-origin-for-even-more-users-can-you-still-block-ads">Google&#8217;s Chrome Changes Disable uBlock Origin For Even More Users —Can You Still Block Ads?</a>
The push follows a landmark ruling by Judge Amit P. Mehta last year, which found that Google illegally maintained a monopoly by paying billions to remain the default search engine on popular browsers and devices.
Google, which has appealed the ruling, argued that its search dominance is due to superior technology rather than anticompetitive behavior.
Judge Mehta will preside over a two-week hearing in April to determine how Google must comply with the ruling—potentially reshaping the future of Big Tech regulation.
Why It's Important: The Justice Department's decision to stand by its proposal to fundamentally reshape the operations of a $2 trillion company marks one of the first clear indications of how the new administration may approach tech regulation.
The proposed remedies—among the most significant in a tech monopoly case since the DOJ sought to break up Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in 2000—could offer insight into how President Donald Trump's appointees will handle a series of high-stakes antitrust battles against Silicon Valley's biggest players, <a href="https://www.nytimes.com/2025/03/07/technology/trump-google-search-antitrust.html">reported</a> the New York Times.
The Justice Department has already taken legal action against Google over its dominance in digital advertising, with a ruling still pending.
It has also filed a lawsuit against Apple, arguing that the company's tightly integrated ecosystem makes it difficult for consumers to switch to rival products.
Meanwhile, the Federal Trade Commission is preparing to take Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) to trial in April, <a href="https://www.benzinga.com/general/social-media/24/11/42177636/meta-heads-to-trial-over-instagram-whatsapp-acquisitions">alleging that its acquisitions</a> of Instagram and WhatsApp stifled competition.
The agency has also sued Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), accusing the e-commerce giant of <a href="https://www.benzinga.com/markets/equities/24/09/41108210/amazon-secures-partial-victory-over-ftc-in-monopoly-case-trial-split-into-two-by-judge">illegally maintaining its dominance</a> in online retail.
Price Action: At the time of writing, Alphabet's Class A shares edged down 0.086% in after-hours trading to $173.71, while Class C shares slipped 0.023% to $175.71. Earlier, during Friday's regular trading session, Class A shares closed 0.88% higher at $173.86, with Class C shares also gaining 0.88% to reach $175.75, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</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.
Photo courtesy: Shutterstock

Legal

AAPL

Google's Monopoly Fight Just Got More Intense: Justice Department Reaffirms Plan To Split Up The Tech Giant In Historic Antitrust Battle

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has confirmed that its highly anticipated Siri upgrade, including AI-powered personalization and contextual awareness, has been delayed and will <a href="https://www.benzinga.com/news/24/07/39665558/apples-most-awaited-siri-ai-upgrade-will-not-come-until-2025-report">roll out later than expected</a>.
What Happened: On Friday, an Apple spokesperson Jacqueline Roy confirmed the delay in a <a href="https://daringfireball.net/2025/03/apple_is_delaying_the_more_personalized_siri_apple_intelligence_features">statement</a> to Daring Fireball.
"We've also been working on a more personalized Siri, giving it more awareness of your personal context, as well as the ability to take action for you within and across your apps. It's going to take us longer than we thought to deliver on these features, and we anticipate rolling them out in the coming year," Roy stated.
See Also: <a href="https://www.benzinga.com/markets/25/03/44133360/apple-challenges-uks-backdoor-order-in-landmark-legal-case-after-trump-compares-directive-to-china-style-surveillance-report">Apple Challenges UK&#8217;s &#8216;Backdoor&#8217; Order In Landmark Legal Case After Trump Compares Directive To China-Style Surveillance: Report</a>
Why It's Important: Apple <a href="https://www.benzinga.com/news/large-cap/23/06/32721949/apple-unveils-ios-17-and-ipados-17-at-wwdc-2023-introduces-new-standby-mode-and-more">originally promised</a> at WWDC 2023 that the upgraded Siri would launch over the next year. The new features were expected this spring, but internal testing revealed significant issues.
According to Bloomberg columnist Mark Gurman, Apple executives, including Craig Federighi, expressed concerns that the features didn't work properly in testing.
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.
Some within Apple's AI division reportedly fear the work may need to be scrapped and rebuilt from scratch.
This setback comes as 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 and Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) aggressively expand their AI-powered voice assistants.
With AI assistants becoming a major battleground, Apple risks falling behind if it cannot deliver a more intelligent, conversational Siri—which, according to Gurman, <a href="https://in.benzinga.com/tech/25/03/44068020/apples-ai-crisis-falling-behind-in-the-ai-race">may not arrive until</a> iOS 20 at best.
Price Action: Apple&#8217;s stock closed at $239.07 on Friday, rising 1.54%. However, it dipped 0.18% in after-hours trading. Year to date, AAPL is down 1.96%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/02/44055314/mrbeast-lost-millions-on-amazons-beast-games-now-hes-looking-to-raise-hundreds-of-millions-to-take-h" target="_blank" rel="noreferrer noopener">MrBeast Lost Millions On Amazon&#8217;s ‘Beast Games&#8217;—Now He&#8217;s Looking To Raise Hundreds Of Millions To Take His Brand To The Next Level</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.
Photo courtesy: Shutterstock

Apple Delays Next-Gen Siri: 'It's Going To Take Us Longer Than We Thought' To Deliver AI Upgrades

Bill Gates, the billionaire co-founder of Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), has worn many titles over the years—tech visionary, philanthropist, the world's richest man. But now, at 69, <a href="https://www.benzinga.com/news/25/01/43129756/bill-gates-earned-reputation-as-office-bully-but-has-mellowed-out-and-now-says-my-20-year-old-self-is-so-disgusted-with-my-current-self">his life looks a little different</a>. His three children have moved out and <a href="https://finance.yahoo.com/news/bill-gates-frugal-wears-10-140516005.html">started families of their own</a>, making him a grandpa. And after his divorce from Melinda French Gates, he's living alone. Yet despite his change in circumstances, one thing remains constant: his home.
In a January <a href="https://www.thetimes.com/life-style/celebrity/article/bill-gates-interview-new-book-memoir-wh766b9bs">interview with The Times of London</a>, Gates made it clear that he has no plans to downsize. "My house in Seattle, I admit, is gigantic. My sisters have downsized. I can't. I like the houses I have," he said.
Don't Miss:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl">this is your last chance to become an investor for $0.80 per share today.</a></li>
</ul>
He was referring to Xanadu 2.0, his 66,000-square-foot tech-filled mansion on the shores of Lake Washington. It's one of the most expensive and high-tech private homes in the world, and for Gates, it's not just a house—it's an investment, a passion project, and a place filled with memories.
<h2 class="wp-block-heading">A Home Built to Last</h2>
Gates bought the property in 1988 for $2 million, then spent seven years and $63 million turning it into the ultra-modern estate it is today. Now valued at an estimated $130 million, the home isn't just massive—it's built with some of the most advanced technology available.
Guests wear electronic pins that adjust the lighting, temperature, and artwork on digital screens as they move through the house. Hidden speakers embedded in the walls allow music to follow visitors from room to room. A private library spans 2,100 square feet and features a domed reading room with a Great Gatsby quote engraved into the ceiling. The estate also includes six kitchens, 24 bathrooms, a trampoline room, and a 17-by-60-foot swimming pool with an underwater music system. Beneath the mansion, an underground garage can hold at least 23 cars.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">A House That Outlasted His Marriage</h2>
While Gates considers Xanadu 2.0 an achievement, not everyone in his family shared the enthusiasm. His ex-wife once described the mansion as "<a href="https://www.benzinga.com/real-estate/24/05/39084795/bill-gates-66-000-sq-ft-mansion-features-a-trampoline-room-and-24-bathrooms-but-was-dubbed-a-nightma">a bachelor's dream and a bride's nightmare</a>." Back in a 2008 Fortune profile, she admitted that the home's overwhelming technology made her feel like she was living inside a video game. At one point during construction, she even put the project on hold due to creative differences.
Melinda often spoke about wanting a simpler life, even expressing hope that one day, she and Gates could live in a modest 1,500-square-foot home. That vision never came to fruition, and in 2021, the couple ended their 27-year marriage.
<h2 class="wp-block-heading">An Empty House—But Not a Lonely One</h2>
The mansion that once served as a home base for his family is now occupied only by Gates himself. <a href="https://www.benzinga.com/personal-finance/24/12/42648634/bill-gates-says-his-22-year-old-daughter-told-him-to-never-email-her-so-now-he-sends-her-a-text-letting-her-know-hes-emailing">His three children</a>—Jennifer, 28; Rory, 25; and Phoebe, 22—have moved on, but he says they still enjoy coming back. "My kids like to come back—that is a luxury," he told The Times.
Though he has household staff, Gates acknowledges that he doesn't keep up with daily chores. "I don't cook, I don't make my own bed, but I don't mind if no one has made it—I wouldn't notice."
While some billionaires trade estates as often as they trade stocks, Gates sees his home differently. He spent years perfecting it, and even now, he doesn't see the point in leaving. It's not just a mansion—it's his home, and that's something he's not willing to give up.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<li><a href="https://www.benzinga.com/money/millionaires-never-earned-six-figures-according-to-dave-ramsey">69% of Millionaires Never Earned A Six-Figure Salary – Here Are 2 Things They Do To Get Their First $1 Million, According To Dave Ramsey</a></li>
</ul>

Personal Finance

Bill Gates Is a Divorced Grandpa Living Alone in 'Gigantic' 66,000 Sq. Ft. Home—But Won't Be Downsizing: 'I Can't. I Like the Houses I Have'

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

ABTS

MNDR

ELAB

Press Releases

RumbleOn Reports Second Quarter 2024 Financial Results

Fintech

Octane and RideNow Partner to Launch RideNow Finance

RumbleOn Announces Third Quarter 2024 Earnings Release and Conference Call Schedule

RumbleOn Reports Third Quarter 2024 Financial Results

Offerings

RumbleOn Announces Record Date for Proposed $10.0 Million Rights Offering

RumbleOn Announces Commencement of $10.0 Million Fully Backstopped Registered Rights Offering

Small Cap

RumbleOn Announces Preliminary Results of $10.0 Million Fully Backstopped Registered Rights Offering

RumbleOn Announces Final Results of $10.0 Million Fully Backstopped Registered Rights Offering

RumbleOn, Inc. Announces Leadership Changes

RumbleOn Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule

Advance Auto Parts

Asbury Automotive Group

AutoNation

ARKO

AutoZone

Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares

Cango

America's Car-Mart

Carvana

Camping World Holdings, Inc. Class A Common Stock

Camping World Holdings

EVgo

Lazydays Hldgs

Group 1 Automotive

Jiuzi Hldgs

CarMax

Lithia Motors

Monro

Murphy USA

OneWater Marine Inc. - Class A Common Stock

OneWater Marine

O'Reilly Automotive

Penske Automotive Group, Inc. Common Stock

Penske Automotive Group

CarParts.com

Sonic Automotive

Uxin Limited - American Depositary Shares

Uxin

Vroom

Valvoline

DA Davidson

B. Riley Securities

Wedbush

JMP Securities

Aegis Capital

화요일 오전(현지 시간 기준) 미국 주식 선물이 상승하면서 오늘 투자자들의 관심을 끌 수 있는 주식 중 일부는 다음과 같다:
<ul>
<li>월가는 홈 디포(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>)가 개장 전에 분기별 이익을 주당 4.50달러, 매출 433억 8천만 달러로 보고할 것으로 예상하고 있다. 홈디포 주가는 시간외 거래에서 0.2% 상승한 346.59달러를 기록했다.</li>
<li>럼블온(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBL#NASDAQ">RMBL</a>)은 2분기 매출은 2,250만 달러로 전 분기 대비 27% 증가했다. Benzinga Pro의 데이터에 따르면 매출 수치는 월가의 컨센서스 추정치인 1,969만 달러를 넘어섰다. 이 회사는 주당 13센트의 손실을 보고했는데, 이는 월가의 컨센서스인 주당 15센트의 손실을 능가하는 것이다. 럼블의 주식은 월요일에 0.3% 하락한 3.42달러로 마감했다.</li>
<li>분석가들은 페이세이프(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSFE#NYSE">PSFE</a>)가 4억 2,429만 달러의 매출에 주당 8센트의 분기 수익을 기록할 것으로 예상하고 있다. 이 회사는 시장이 개장 전에 실적을 발표할 예정이다. 페이세이프의 주식은 시간외 거래에서 2.6% 상승한 19.86달러를 기록했다.</li>
</ul>
여기에서 <a href="https://www.benzinga.com/premarket/" target="_blank" rel="noopener" data-google-interstitial="false">프리마켓 시황</a>을 확인하세요.
<ul>
<li>카이버나 테라퓨틱스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYTX#NASDAQ">KYTX</a>)는 진행성 중증 근무력증 치료에 사용되는 KYV-101에 대해 미국 FDA RMAT 지정을 받았다고 밝혔다. 카이버나 테라퓨틱스의 주가는 시간외 거래에서 2.9% 상승한 6.72달러를 기록했다.</li>
<li>분석가들은 XP(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>)가 시장 마감 후 7억 7,039만 달러의 매출과 주당 36센트의 분기 이익을 기록할 것으로 예상한다. XP의 주가는 월요일에 0.2% 하락한 18.03달러로 마감했다.</li>
</ul>
Photo courtesy: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

Comments

RumbleON

뉴스

에 대한 최신 뉴스 RumbleON (NASDAQ:RMBL) 주식

화요일, 8월 13, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌