에 대한 최신 뉴스 VYNE Therapeutics (NASDAQ:VYNE) 주식

VYNE THERAPEUTICS INC

VYNE Therapeutics

VYNE Therapeutics Inc is a biopharmaceutical company focused on developing proprietary, innovative and differentiated therapies for the treatment of immuno-inflammatory conditions. Its advanced product candidate is FMX114, which is being evaluated for the potential treatment of mild-to-moderate AD (atopic dermatitis). The company is also in the pre-clinical stages of developing products containing BET (Bromodomain and Extra-Terminal Domain) inhibitor compounds. Its products include AMZEEQ, ZILXI, and FCD105.

VYNE Therapeutics Inc

<ul>
<li>Parties negotiating terms of definitive agreement</li>
<li>Agreement intended to launch New Rise Australia as a SAF and HVO platform driven by XCF's patent-pending site design and configuration</li>
<li>Agreement expected to include equity stake, license fees, and exclusive rights to the Australian market</li>
<li>Intended partnership in line with announced strategy regarding international expansion</li>
</ul>

News

SAFX

Reported Earlier, XCF Global Partners With Continual Renewable Ventures To Launch New Rise Australia, Focused On Synthetic Aviation Fuel And Renewable Diesel

Google, a subsidiary of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), informed Android users via email on Wednesday that its AI, Gemini, will be granted access to personal apps, regardless of user consent. The rollout has raised significant privacy concerns.
What Happened: Google recently sent out an email with the subject line- "We've made it easier for Gemini to interact with your device," to some Android users, informing them that Gemini will now have access to their phone, messages, WhatsApp, and other utilities, regardless of whether the Gemini Apps Activity is on or off. This change, as per the email, will be implemented on July 7, Gizmodo <a href="https://gizmodo.com/google-to-gemini-users-were-going-to-look-at-your-texts-2000620141">reported</a>.
The email also states that if users do not wish to use these features, they can turn them off in the Apps settings page. However, the email does not specify where to find that page or what exactly will be disabled if users avail themselves of that setting option. When App Activity is enabled, Google stores information on Gemini usage, which may be reviewed by a human.
These changes have raised concerns among users about the protection of their privacy and the extent of AI access to personal information. Google&#8217;s decision to expand Gemini&#8217;s access to critical apps has sparked a debate about data collection and privacy in the age of AI integration.
See Also: <a href="https://benzinga.com/markets/equities/25/06/46090043/trump-advisor-stephen-miller-reportedly-holds-stake-worth-millions-in-ice-contractor-palantir-he">Trump Advisor Stephen Miller Reportedly Holds Stake Worth Millions In ICE Contractor Palantir: &#8216;He Could Easily&#8230;Have A Direct And Predictable Impact&#8217;</a>
Why It Matters: This development comes on the heels of Google&#8217;s aggressive new defense against internet scams, with the deployment of its on-device Gemini AI model<a href="https://www.benzinga.com/markets/equities/25/05/45314987/google-deploys-on-device-gemini-ai-to-fight-online-scams-blocks-millions-of-fraud-pages-in-real-time"> to detect and block fraudulent websites in real-time</a>, significantly expanding its security capabilities across Chrome, Search, and Android operating systems.
Moreover, in May, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45572996/apple-likely-to-open-llms-integrate-gemini-on-iphone-at-wwdc-analyst">Benzinga</a> reported that Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) was likely to open LLMs and integrate Gemini on iPhone at WWDC, as per an analyst. This was seen as a significant step in the integration of AI into operating systems.
These <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46079632/bofa-sees-155-billion-agentic-ai-boom-by-2030-spotlights-microsoft-salesforce-and-others">developments</a> are indicative of the increasing integration of AI into daily activities and the potential impact on user privacy.&nbsp;
Price Action: On Wednesday, Alphabet Class A shares closed 2.3% higher at $170.68, the shares rose nearly 0.4% in the after-hours trading. On the same day, the Class C shares rose 2.2% to $171.49. The Class C shares also gained 0.4% in the after-hours session, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Benzinga&#8217;s Edge Stock Rankings indicate that Alphabet Class A stock has a Momentum in the 25th percentile. How does the stock stack up against other tech giants? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="761" height="103" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26014558/Screenshot-2025-06-26-at-14.45.37.png" alt="" class="wp-image-962535" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26014558/Screenshot-2025-06-26-at-14.45.37.png 761w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26014558/Screenshot-2025-06-26-at-14.45.37-300x41.png 300w" sizes="(max-width: 761px) 100vw, 761px" /></a></figure>
Photo Courtesy: JHVEPhoto on Shutterstock.com
Read Next:
<ul class="wp-block-list">
<li> <a href="https://benzinga.com/news/politics/25/06/46094069/iran-breaks-silence-says-nuclear-facilities-badly-damaged-by-us-strikes">Iran Breaks Silence, Says Nuclear Facilities &#8216;Badly Damaged&#8217; By US Strikes</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

AAPL

GOOG

GOOGL

Google Says Its 'Made It Easier' For Gemini To Interact With Your Device, But Some Are Now Worried About Their Privacy

IPOs

JCAP

Reported Earlier, Jefferson Capital Prices Initial Public Offering Of 10M Common Shares At $15 Per Share

Reported Earlier, Barclays Bank Updates Cash Tender Offers And Consent Solicitations For Exchange-Traded Notes, New Expiration Set For September 24, 2025

Kratos expects to use the net proceeds of the offering to (i) fund investments and capital expenditures to scale and successfully execute on large, mission critical National Security priorities related to existing programs, recent program awards and significant high-probability pipeline opportunities; (ii) to finance important customer and program targeted acquisitions; (iii) and for general corporate purposes, including pay-down of debt and to pay fees and expenses in connection with the offering.

Offerings

KTOS

Reported Earlier, Kratos Defense Prices Public Offering Of 112,987,013 Common Shares At $38.50 Each, Raising Net Proceeds Of $483.75M

Memory chipmaker Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) announced on Wednesday it will invest approximately $200 billion in U.S. manufacturing and research over the next 20-plus years, marking one of the largest domestic semiconductor investments in American history.
What Happened: The Boise-based company said the investment includes $150 billion in manufacturing facilities and $50 billion in research and development, representing a $30 billion increase beyond previously announced plans. 
The announcement came as Micron reported record third-quarter revenue of $9.3 billion, driven by surging demand for artificial intelligence applications.
&#8220;This investment underscores our commitment to strengthening America&#8217;s semiconductor supply chain and meeting the unprecedented demand for AI-driven memory solutions,&#8221; said Sanjay Mehrotra, Micron&#8217;s chairman, president and CEO, during the company&#8217;s earnings call.
The investment plan includes the construction of a second leading-edge memory fabrication facility in Boise, Idaho, alongside the company&#8217;s first Idaho fab, currently under construction. Micron also plans to expand and modernize its existing facility in Manassas, Virginia, which serves automotive, aerospace, defense and industrial markets.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46107638/mark-zuckerbergs-meta-beats-lawsuit-over-ai-training-on-books-judge-finds-no-meaningful-evidence-on-market-dilution" target="_blank" rel="noreferrer noopener">Mark Zuckerberg's Meta Beats Lawsuit Over AI Training On Books, Judge Finds ‘No Meaningful Evidence On Market Dilution'</a>
Why It Matters: The company said it will bring advanced packaging capabilities to the U.S. to support long-term high-bandwidth memory growth plans. Micron&#8217;s first Idaho facility is expected to begin DRAM wafer output in the second half of 2027, with the second facility starting production before a planned New York facility.
The announcement received support from President Donald Trump&#8216;s administration as part of broader efforts to strengthen domestic semiconductor manufacturing. Micron&#8217;s investment comes amid growing demand for high-performance memory chips used in AI applications, with the company&#8217;s high-bandwidth memory products sold out through 2025.
Micron shares rose 0.94% in after-hours trading at $128.45&nbsp;following the earnings announcement. The company expects fourth-quarter revenue of $10.7 billion, significantly <a href="https://www.benzinga.com/markets/earnings/25/06/46104401/micron-q3-earnings-revenue-eps-beat-estimates-data-center-revenue-guidance-ai-demand">above analyst estimates of $9.88 billion</a>.
MU shows strong momentum, growth, and quality scores, coupled with a modest valuation, according to Benzinga Edge Stock Rankings. The stock also exhibits favorable short, medium and long-term price trends. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here to view the full performance breakdown</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="898" height="638" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26003905/image-390.png" alt="" class="wp-image-962474" style="width:378px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26003905/image-390.png 898w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26003905/image-390-300x213.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26003905/image-390-768x546.png 768w" sizes="(max-width: 898px) 100vw, 898px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46107536/elizabeth-warren-blames-trumps-dumb-trade-war-for-feds-grim-outlook-the-president-is-standing-in-the-way-of-lower-rates-and-lower-costs" target="_blank" rel="noreferrer noopener">Elizabeth Warren Blames Trump's ‘Dumb Trade War' For Fed's Grim Outlook: The President Is ‘Standing In The Way Of Lower Rates And Lower Costs'</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: Tada Images / Shutterstock.com

Micron's $200 Billion US Chip Investment Plan Gets Backing From Trump Admin As AI Demand Soars

This initiative will not only attract strategic partnerships and capital investment but will also reinforce Reitar's leadership in the smart logistics industry. The Company will continue pursuing acquisitions within the smart logistics ecosystem to vertically and horizontally integrate resources, developing comprehensive end-to-end solutions.

RITR

Reitar Logtech Initiates Spin-Off Of Logistics Automation Division To Accelerate Innovation And Capture Emerging Market Opportunities

Under the agreed terms, CSL Seqirus will start commercializing Valneva's single-dose chikungunya vaccine IXCHIQ from July 2025, and Valneva's Japanese Encephalitis vaccine IXIARO and cholera/ETEC1 vaccine DUKORAL from January 2026. This new agreement with CSL Seqirus replaces the marketing and distribution agreement Valneva signed with Bavarian Nordic in 20212, which is due to conclude at the end of December 2025.
The new agreement will last for three years and include minimum annual purchasing quantities and standard termination clauses based on change of control and non-performance.

VALN

Valneva Partners With CSL Seqirus For Exclusive Marketing And Distribution Of Proprietary Vaccines In Germany, Beginning July 2025

SITM

SiTime Corporation Prices Follow-on Public Offering Of 1.75M Common Shares At $200 Per Share, Raising $350M In Gross Proceeds

President Donald Trump urged Israel on Wednesday to scrap Prime Minister Benjamin Netanyahu's corruption trial or grant a pardon &#8220;to a great hero," calling the proceedings a "witch hunt" on his Truth Social platform.
What Happened: Netanyahu, indicted in 2019 on bribery, fraud and breach-of-trust counts in three separate cases, began cross-examination in a Tel Aviv courtroom on June 3, according to Reuters. The court has scheduled the hearings to last about a year.
Trump wrote that the United States "saved Israel, and now it is going to be the United States of America that saves Bibi Netanyahu," using the premier's nickname.
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="559" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26005005/Trump-truth-1-1024x559.png" alt="" class="wp-image-962483" style="width:846px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26005005/Trump-truth-1-1024x559.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26005005/Trump-truth-1-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26005005/Trump-truth-1-768x419.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26005005/Trump-truth-1-1536x838.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26005005/Trump-truth-1-2048x1118.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
&#8220;He deserves much better than this, and so does the State of Israel,&#8221; said Trump, adding, &#8220;Perhaps there is no one that I know who could have worked in better harmony with the President of the United States, ME, than Bibi Netanyahu.&#8221;
Israeli President Isaac Herzog, who alone can grant clemency, has repeatedly stated that he will not consider a pardon at this time and that no one has submitted a request, Al Jazeera <a href="https://www.aljazeera.com/news/2025/6/26/witch-hunt-trump-calls-for-cancellation-of-netanyahus-corruption">reported</a>.
See also: <a href="https://www.benzinga.com/news/politics/25/06/46107353/trump-says-democrats-have-crossed-the-line-with-zohran-mamdani-bernie-sanders-elizabeth-warren-back-new-york-mayoral-candidates-grassroots-suppo">Trump Says Democrats Have &#8216;Crossed The Line&#8217; With Zohran Mamdani — Bernie Sanders, Elizabeth Warren Back New York Mayoral Candidate&#8217;s &#8216;Grassroots&#8217; Support</a>
Why It Matters: Trump's broadside came a day after he publicly chastised Israel for dropping what he called "the biggest load of bombs" on Iran only hours after agreeing to a <a href="https://www.benzinga.com/news/politics/25/06/46067020/trump-declares-israel-iran-ceasefire-now-in-effect-as-china-warns-of-spiraling-escalation-at-un">U.S.-brokered cease-fire</a>. The contrast highlights the president's volatile messaging toward a long-time ally as his administration navigates <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad">regional fallout</a> from U.S. strikes on Iranian nuclear sites and fresh efforts to <a href="https://www.benzinga.com/news/politics/25/06/46107752/trump-announces-iran-nuclear-talks-following-us-strikes-that-severely-damaged-iranian-nuclear-program">restart nuclear talks</a>.
Dismissal of the Israeli cases would erase potential penalties and spare Netanyahu from becoming the first sitting prime minister to face a criminal conviction, according to an older Reuters report. Prosecutors allege Israel's longest-serving premier accepted lavish gifts and advanced regulatory favors for media moguls. Netanyahu has pleaded not guilty and says the charges are politically motivated.
Photo Courtesy: noamgalai on Shutterstock.com
Read next: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46107720/trump-family-backed-world-liberty-financial-plans-to-launch-a-new-app-that-will-make-it-easy-for-lay-investors-to-use-crypto">Trump Family-Backed World Liberty Financial Plans To Launch A New App That Will Make It Easy For Lay Investors To Use Crypto</a>

Politics

Trump Calls For Canceling Netanyahu's 'Witch-Hunt' Corruption Trial, Calls It A 'Travesty Of Justice'

Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, showed reluctance Wednesday to support a candidate against Zohran Mamdani in the New York City mayoral race, suggesting that the city must &#8220;learn the hard way&#8221; the consequences of Marxist and socialist ideologies.
What happened: In a heavily worded post on X, Winklevoss, whose company is headquartered in &#8220;The Big Apple,&#8221; noted the city's apparent willingness to embrace "anarchy and socialism."
"It&#8217;s what the people of NYC have been asking for for years and it looks like it&#8217;s what they are about to get. Trying to fight against this tide seems like throwing good money after bad," he said.
Winklevoss said the younger generation of New Yorkers is unaware of the historical failures of socialism and Marxism.&nbsp;
He drew attention to the <a href="https://www.britannica.com/topic/rock-New-York-City-1980s-overview-1371332">crack and crime epidemic</a> of the late 1980s and early 1990s, which was high during Mayor Edward I. Koch&#8217;s years and peaked during Mayor David Dinkins&#8217;s administration. He blamed the complacency of rich New Yorkers of Wall Street and their failure to counter ideological shifts.
"It appears things will have to get worse in NYC before they get better," Winklevoss remarked. "Sometimes the only way to learn something is to learn it the hard 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/crypto/cryptocurrency/25/06/46043263/crypto-friendly-startup-bank-circles-stock-surge-and-more-this-week-in-crypto">Crypto-Friendly Startup Bank, Circle&#8217;s Stock Surge And More: This Week In Crypto</a>
Why It Matters: Mamdani, the 33-year-old progressive state representative, <a href="https://www.benzinga.com/news/politics/25/06/46087359/zohran-mamdani-leads-nyc-mayoral-primary-a">emerged victorious</a> in the New York City Democratic mayoral primary after former Governor Andrew Cuomo conceded defeat.
His victory has sparked <a href="https://www.benzinga.com/news/politics/25/06/46107353/trump-says-democrats-have-crossed-the-line-with-zohran-mamdani-bernie-sanders-elizabeth-warren-back-new-york-mayoral-candidates-grassroots-suppo">strong political reactions</a>. While President Donald Trump dubbed his elevation as emblematic of the radical left taking over the Democratic Party, Sen. Elizabeth Warren (D-Mass.) said Mamdani's focus on public welfare would make life affordable for New Yorkers.
If elected, Mamdani would become New York's first Muslim mayor, marking a historic shift in America's financial capital.
Photo Courtesy: Ron Adar on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/46042703/iran-calls-us-bombing-of-nuclear-sites-very-very-dangerous-for-everybody">Iran Calls US Bombing Of Nuclear Sites &#8216;Very, Very Dangerous For Everybody&#8217;</a></li>
</ul>

Markets

No Point 'Fighting Against The Tide' By Opposing Zohran Mamdani, Says Gemini Co-Founder Cameron Winklevoss: 'Things Will Have To Get Worse In NYC Before They Get Better'

Investment firm Piper Sandler says that Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi launch could disrupt the auto industry.
Check out the current price of <a href="https://benzinga.com/quote/tsla">TSLA stock here</a>.
What Happened: The firm reiterated its bullish views on Tesla stock, citing the company's work in self-driving software, Yahoo Finance reported <a href="https://finance.yahoo.com/news/teslas-robotaxi-launch-could-drive-industry-disruption-and-market-share-gain-analysts-say-133937404.html">on</a> Wednesday.
"Tesla is still the most transformative company in autos. Over time, Tesla will likely win.&#8221; Piper Sandler analyst Alexander Potter said.
The investment firm also said that as self-driving technology grows, the auto industry could face disruption in the form of lower volumes sold, more fleet utilization and a move to "service-based revenue models," the report said, which could lead to Tesla gaining ground.
Why It Matters: The bullish stance from Piper Sandler is in contrast to investment bank Goldman Sachs' views, as analysts for the firm maintained that the company's Robotaxi growth will be slow in the near term, citing delays to FSD availability, among other factors.
Analysts are also raising concerns about the company&#8217;s Robotaxi plans, with Future Fund LLC's managing director, Gary Black, slamming the "lack of constructive feedback" <a href="https://www.benzinga.com/markets/tech/25/06/46088826/gary-black-calls-out-lack-of-constructive-feedback-on-teslas-robotaxi-launch">on the Robotaxi launch</a> for Tesla, which he said was still lagging in <a href="https://www.benzinga.com/markets/tech/25/06/46087567/uber-nears-all-time-high-as-waymo-partnership-expands-to-atlanta-gary-black-calls-it-low-risk-while-tesla-lags-in-supervised-autonomy">supervised autonomy</a>.
Besides analysts, regulators are also scrutinizing the EV giant's rollout as the NHTSA said it was investigating and reviewing <a href="https://www.benzinga.com/markets/tech/25/06/46067027/tesla-robotaxi-faces-nhtsa-scrutiny-over-traffic-violations-during-austin-launch">incidents of traffic violations</a> committed by the Robotaxis during the Austin launch.
<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="203" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25235707/TSLA-JUN-26-2025-1024x203.jpg" alt="" class="wp-image-962447" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25235707/TSLA-JUN-26-2025-1024x203.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25235707/TSLA-JUN-26-2025-300x59.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25235707/TSLA-JUN-26-2025-768x152.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25235707/TSLA-JUN-26-2025-1536x304.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25235707/TSLA-JUN-26-2025.jpg 1561w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46068107/elon-musks-tesla-faces-wrongful-death-lawsuit-over-model-s-crash-which-claimed-3-lives-plaintiffs-call-cars-design-defective-and-unreasonably-dangerous">Elon Musk&#8217;s Tesla Faces Wrongful Death Lawsuit Over Model S Crash Which Claimed 3 Lives: Plaintiffs Call Car&#8217;s Design &#8216;Defective And Unreasonably Dangerous&#8217;</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

TSLA

TSLA's Robotaxi Could Disrupt Auto Industry, Says Piper Sandler, Contrasts Goldman's Cautious View: 'Tesla Will Likely Win'

Jeff Bezos' space company, Blue Origin, has reportedly sought to capitalize on the <a href="https://www.benzinga.com/markets/tech/25/06/45880543/trump-musk-feud-likely-a-planned-strategy-says-morgan-stanley-calling-musk-and-politics-inseparable-while-staying-bullish-on-tesla">fallout between</a> President Donald Trump and Elon Musk to secure more government contracts.
What Happened: Following the dramatic split between President Trump and SpaceX CEO Musk earlier this month, Blue Origin executives have been in talks with the Trump administration, <a href="https://www.wsj.com/business/jeff-bezos-trump-blue-origin-9f5ac75b">reported</a> the Wall Street Journal, citing people familiar with the matter.
Bezos himself reportedly spoke with Trump at least twice and Blue Origin CEO Dave Limp met with Trump's chief of staff.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46107353/trump-says-democrats-have-crossed-the-line-with-zohran-mamdani-bernie-sanders-elizabeth-warren-back-new-york-mayoral-candidates-grassroots-suppo">Trump Says Democrats Have &#8216;Crossed The Line&#8217; With Zohran Mamdani — Bernie Sanders, Elizabeth Warren Back New York Mayoral Candidate&#8217;s &#8216;Grassroots&#8217; Support</a>
As per the report, the conversations focused on persuading the administration to allocate more government contracts to Blue Origin, which has struggled to compete with SpaceX's <a href="https://www.benzinga.com/25/04/44655959/elon-musks-spacex-jeff-bezos-blue-origin-and-boeing-lockheeds-ula-bag-13-5-billion-pentagon-launch-contracts">dominance in the space industry</a>.
Last summer, Blue Origin executives expressed concerns over Musk's close ties to Trump and the potential impact on their access to <a href="https://www.benzinga.com/news/space/25/06/45840240/trump-musk-feud-fuels-spacex-rivals-space-stock-countdown">lucrative government contracts</a>, the report added.
White House and Blue Origin did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
Why It&#8217;s Important: The rift between Trump and Musk began in early June after Musk criticized Trump-backed legislation and hinted at a potential new political party.
In response, Trump suggested that Musk's businesses could suffer if his companies lose government subsidies and contracts.&nbsp;
Although relations between Musk and Trump have reportedly improved, the White House has initiated a <a href="https://www.benzinga.com/news/politics/25/06/45942949/white-house-orders-scrutiny-of-spacex-contracts-even-as-trump-musk-relationship-warms-report">review of SpaceX's contracts</a> with NASA and the Department of Defense, according to Reuters.
In December last year, <a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares">SpaceX's valuation</a> reached $350 billion following an agreement between the company and its investors to buy $1.25 billion worth of insider shares.
Photo Courtesy: JennLShoots on Shutterstock.com
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/45807476/mark-cuban-check-marks-elon-musks-idea-of-a-new-political-party-that-represents-the-middle" target="_blank" rel="noreferrer noopener">Mark Cuban Check Marks Elon Musk&#8217;s Idea Of A New Political Party That Represents ‘The Middle&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

Jeff Bezos And Blue Origin Engaged With Trump Administration For Government Contracts Amid Elon Musk's Rift With The President: Report

Hinge founder Justin McLeod says Silicon Valley's push to offer artificial-intelligence &#8220;friends&#8221; risks worsening, not curing, the loneliness crisis and likened Mark Zuckerberg's vision of AI companionship to eating junk food.
What Happened: &#8220;He [Zuckerberg] said we're going to give them AI chatbots. That he believes that AI chatbots can become your friends. I think that's honestly an extraordinarily reductive view of what a friendship is," McLeod <a href="https://www.theverge.com/decoder-podcast-with-nilay-patel/687683/hinge-ceo-justin-mcleod-dating-app-ai-relationships-tinder">told</a> Nilay Patel on The Verge's Decoder podcast.
&#8220;The most rewarding parts of being in a friendship are being able to be there for someone else, to risk and be vulnerable, to share experiences with other conscious entities,&#8221; he added.
The remarks directly challenged Zuckerberg, who <a href="https://www.youtube.com/watch?t=3771&amp;v=rYXeQbTuVl0&amp;feature=youtu.be">told</a> podcaster Dwarkesh Patel last month that "the average person has demand for meaningfully more" friends and suggested AI avatars could fill the gap.
McLeod called that premise "playing with fire," warning that always-available bots will "ultimately, just like junk food, make people feel less healthy and more drained over time. It will displace the human relationships that people should be cultivating out in the real world.&#8221;
See also: <a href="https://www.benzinga.com/markets/tech/25/06/46093513/sam-altman-crushes-openai-microsoft-feud-rumors-hails-really-wonderfully-good-bond-with-satya-nadella">Sam Altman Crushes OpenAI-Microsoft Feud Rumors, Hails &#8216;Really Wonderfully Good&#8217; Bond With Satya Nadella</a>
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), which has rolled out AI characters across Facebook, Instagram and a standalone Meta AI app, says nearly a billion users now interact with its assistants each month.
Why It Matters: That said, the McLeod isn't anti-algorithm. Hinge already uses machine learning to coach users on photos and profile prompts, and McLeod said future tools will feel "much closer to a personal matchmaking service," producing curated lists of compatible matches and nudging daters before a first meeting. He compared such coaching to a trainer at the gym — for guidance, not a replacement.
Meta's been pushing hard on the AI front over the past year, including <a href="https://www.benzinga.com/media/25/03/44191670/meta-ai-assistant-may-get-paid-subscriptions-ads-llama-4-upgrade-in-the-works">additions</a> to its AI search assistant and a more recent institution of a &#8216;<a href="https://www.benzinga.com/markets/tech/25/06/45878991/mark-zuckerberg-is-handpicking-a-superintelligence-team-to-lead-metas-agi-race-after-llama-4-letdown-report">Superintelligence</a>&#8216; lab. It is also worth noting that the company had earlier tried <a href="https://www.benzinga.com/news/23/09/34969768/mark-zuckerberg-wants-you-to-have-your-own-jarvis-ai-is-coming-to-instagram-messenger-and-whatsapp">celebrity chatbots</a> that were shuttered after mixed reviews.
Photo Courtesy: Harmony Video Production on Shutterstock.com
Read next: <a href="https://www.benzinga.com/news/politics/25/06/46087132/elizabeth-warren-says-the-tax-break-for-mark-zuckerbergs-meta-is-so-bountiful-under-trumps-big-beautiful-bill-that-35-copay-from-each-american-wont-still">Elizabeth Warren Says The Tax Break For Mark Zuckerberg&#8217;s Meta Is So Bountiful Under Trump&#8217;s &#8216;Big Beautiful Bill&#8217; That $35 Copay From Each American Won&#8217;t Still Match It</a>

Mark Zuckerberg Suggested AI Avatars Could Be Your Friends, Hinge Founder Justin McLeod Says Meta CEO Is 'Playing With Fire'

Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) and BP PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), seeing it as a catalyst for a broader surge in deal-making activity.
What Happened: On Wednesday, Cramer posted on X, forecasting an imminent wave of mergers and acquisitions, especially in the energy sector, calling it an &#8220;M&amp;A wave,&#8221; kick-started by Shell and BP. 
Cramer&#8217;s optimism comes amid market chatter triggered by <a href="https://www.wsj.com/business/energy-oil/shell-in-early-talks-to-acquire-rival-bp-2233591a">a</a> Wall Street Journal report suggesting that Shell was actively considering acquiring BP, creating one of the largest energy corporations in the world, which he believes would be the &#8220;most bullish thing that can happen in this market.&#8221;
See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46071005/top-2-energy-stocks-which-could-rescue-your-portfolio-this-quarter">Top 2 Energy Stocks Which Could Rescue Your Portfolio This Quarter</a>
The host of CNBC&#8217;s Mad Money further believes that there's minimal antitrust scrutiny or political pushback in the energy sector right now, especially relative to big tech, which could make large-scale mergers easier to execute.
Shell, however, has since explicitly denied any talks of a merger being underway, with a spokesperson telling Reuters on Wednesday that &#8220;no talks are taking place&#8221; and that this was all just &#8220;further market speculation.&#8221;
The spokesperson went on to say, &#8220;As we have said many times before, we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline and simplification.&#8221;
BP, meanwhile, has remained tight-lipped, with the company&#8217;s representatives repeatedly declining to comment on the speculation.
Neither BP nor Shell immediately responded to Benzinga&#8217;s requests for a comment on this matter. The story will be updated as soon as we receive a response.
<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">Here we go. The M&amp;A wave.. Shell might buy BP. This would e the start&#8230; It&#39;s all because there is no important governmental review. It&#39;s the most bullish thing that can happen in this market. Listen to our Investing Conference: Buy .. well why not listen!!!
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1937900530489049192?ref_src=twsrc%5Etfw">June 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Talks surrounding BP&#8217;s <a href="https://www.benzinga.com/25/05/45205962/bp-stock-jumps-on-report-of-possible-acquisition-by-shell">acquisition by Shell</a> have been ongoing for quite some time, with Bloomberg having reported on it over a month ago.
If the <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46098937/shell-in-talks-to-acquire-bp-in-mega-merger-report">$80 billion deal</a> goes through, it is expected to create a European oil and gas behemoth that could rival American giants, the likes of Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>).
Price Action: Shares of BP were up 1.64% on Wednesday, trading at $30.32, and up 0.59% after hours, while Shell was down 1.00% during the day, before inching up 0.15% after hours, following the company&#8217;s denial of any such merger.
<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="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25234631/Screenshot-2025-06-26-at-9.16.16-AM-1024x147.png" alt="" class="wp-image-962437" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25234631/Screenshot-2025-06-26-at-9.16.16-AM-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25234631/Screenshot-2025-06-26-at-9.16.16-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25234631/Screenshot-2025-06-26-at-9.16.16-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25234631/Screenshot-2025-06-26-at-9.16.16-AM.png 1530w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Shell has a fairly average score on Benzinga&#8217;s Edge Stock Rankings, but has a favorable price trend in the short, medium and long term. How does it compare with BP? Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to find out, along with deeper insights. 
Photo courtesy: katz / Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46014138/shell-ceo-warns-of-huge-impact-on-global-trade-if-the-strait-of-hormuz-is-blocked-amid-israel-iran-conflict-we-need-to-set-actions-for-a-new-reality">Shell CEO Warns Of &#8216;Huge Impact On Global Trade&#8217; If The Strait Of Hormuz Is Blocked Amid Israel-Iran Conflict: &#8216;We Need To Set Actions For A New Reality&#8217;</a></li>
</ul>

Government

SHEL

Jim Cramer Predicts 'M&A Wave' Even As Shell Denies BP Merger Deal: TV Host Says This Is The 'Most Bullish Thing' That Can Happen In This Market

Billionaire investor Tim Draper predicted Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) complete dominance over the dollar within the next five years on Wednesday, driven by what he sees as unprecedented innovation on the network.
What Happened: In an X post, Draper, a renowned venture capitalist and long-time Bitcoin advocate, highlighted the asset&#8217;s increasing market share and how innovations from other platforms have gradually migrated to Bitcoin.
&#8220;There is a gravitational pull toward Bitcoin,&#8221; he said. &#8220;All the innovation that started in altcoins (smart contracts, blockchain applications, ordinals) is moving to Bitcoin.&#8221;
He likened this phenomenon to Microsoft Corp. NASDAQ: MSFT) dominance in the operating system era, where applications like Excel and Word became standard with the tech giant, although the idea emanated from early startups.
<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">Bitcoin recently hit 61% market share, up from 40% after the first boom-bust cycle and 50% after the last one. There is a gravitational pull toward Bitcoin. All the successful innovations on other platforms are being now ported to Bitcoin. This matters so much more than people…
&mdash; Tim Draper (@TimDraper) <a href="https://twitter.com/TimDraper/status/1937541293460324513?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/46077689/polymarket-reportedly-looking-to-raise-200-million-at-1b-valuation" target="_blank" rel="noreferrer noopener">Polymarket Reportedly Looking To Raise $200 Million At $1B Valuation </a>
Draper highlighted five key applications being built on Bitcoin: <a href="https://www.benzinga.com/money/what-is-defi">decentralized finance or DeFi</a>, smart contracts, <a href="https://www.benzinga.com/money/what-are-bitcoin-ordinals">Ordinals</a>, <a href="https://in.benzinga.com/markets/cryptocurrency/24/05/38574629/exclusive-runes-could-transform-our-understanding-of-bitcoin-experts-tell-benzinga">Runes</a>, and <a href="https://www.benzinga.com/25/04/44915034/bitcoin-sidekick-stacks-pushes-weekly-gains-to-25-as-apex-crypto-breaks-out-of-sideways-action">layer&nbsp;2 solutions</a>.
He said that entrepreneurs and programmers are favoring Bitcoin and predicted the asset to become &#8220;infinite&#8221; against the dollar in the next five years.
&#8220;When people ask what Bitcoin will be worth in 5 years, I say it will be worth one bitcoin. It may be infinite against the dollar as the dollar continues to inflate into nothingness.&#8221;
Why It Matters: While Bitcoin indeed has seen innovations, it&#8217;s worth noting that Ethereum continues to be the largest smart contract platform and a major player in the DeFi space. 
According to <a href="https://defillama.com/chains">DeFiLlama</a>, Ethereum has over $61 billion in total value locked as of this writing, head and shoulders above Bitcoin&#8217;s $6.38 billion. 
For many market observers, Bitcoin is still <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44628685/bitcoin-is-a-realistic-global-reserve-asset-experts-say">regarded as a store of value asset</a> and a digital money that can be used for transactions.
Meanwhile, a new report detailed Bitcoin&#8217;s transformation from a speculative digital experiment into a sophisticated macroeconomic asset. It highlights Bitcoin&#8217;s growing institutional maturity, structural liquidity, and macro alignment, positioning it as a serious contender on the global stage.
Price Action: At the time of writing, Bitcoin was exchanging hands at $107,888.62, up 1.26% 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>.
Photo Courtesy: Bukhta Yurii On Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="EXCLUSIVE: Bitcoin Is HIVE's War Chest - Who Needs Bankers?">EXCLUSIVE: Bitcoin Is HIVE&#8217;s War Chest &#8211; Who Needs Bankers?</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

Tim Draper Says This Will Be The Fate Of Bitcoin And The Dollar In 5 Years — Billionaire Highlights Apps Built On BTC That Matter

President Donald Trump said on Wednesday the United States will hold nuclear talks with Iran next week, following devastating U.S. air strikes that intelligence officials say &#8220;severely damaged&#8221; Tehran&#8217;s nuclear capabilities.
What Happened: Speaking at a NATO summit in The Hague, Trump credited Sunday&#8217;s bunker-busting bomb attacks with bringing a swift <a href="https://www.benzinga.com/news/events/25/06/46068524/israel-says-iran-broke-trump-ceasefire-orders-high-intensity-strikes-on-tehran">resolution to the 12-day Israel-Iran conflict</a>, Reuters reported. &#8220;It was very severe. It was obliteration,&#8221; Trump said, dismissing Defense Intelligence Agency assessments that Iran&#8217;s nuclear program may only be delayed by months.
Central Intelligence Agency Director John Ratcliffe confirmed the strikes &#8220;severely damaged&#8221; Iran&#8217;s nuclear program, citing &#8220;credible evidence&#8221; that key facilities were destroyed and would require years to rebuild. Israel&#8217;s nuclear agency assessed that the damage has set back Iran&#8217;s weapons development &#8220;by many years.&#8221;
The weekend operation involved <a href="https://www.benzinga.com/news/topics/25/06/46090389/palantirs-defense-chief-says-iran-nuclear-program-set-back-significantly-by-us-strikes-but-intel-split-on-how-long">seven B-2 stealth bombers</a> from Northrop Grumman Corp. targeting facilities at Fordow, Natanz, and Isfahan. Mike Gallagher, defense chief at Palantir Technologies Inc., said the strikes demonstrated capabilities &#8220;no other country in the world&#8221; possesses.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46107638/mark-zuckerbergs-meta-beats-lawsuit-over-ai-training-on-books-judge-finds-no-meaningful-evidence-on-market-dilution">Mark Zuckerberg&#8217;s Meta Beats Lawsuit Over AI Training On Books, Judge Finds &#8216;No Meaningful Evidence On Market Dilution&#8217;</a>
Why It Matters: Markets <a href="https://www.benzinga.com/markets/equities/25/06/46071676/dan-ives-says-iran-israel-ceasefire-could-be-most-bullish-outcome-yet-for-wall-street-even-as-both-sides-break-truce">responded positively to ceasefire prospects</a>. Wedbush Securities analyst Dan Ives called the Iran-Israel ceasefire &#8220;the most bullish outcome&#8221; for Wall Street, predicting 2-3% market gains. The SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) traded higher in the regular session on Wednesday.
Trump said he&#8217;s confident that Iran will pursue diplomatic reconciliation, although he provided no details on the venue or participants for next week&#8217;s talks. &#8220;I&#8217;ll tell you, the last thing they want to do is enrich anything right now. They want to recover,&#8221; Trump said, referring to uranium enrichment activities.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46107536/elizabeth-warren-blames-trumps-dumb-trade-war-for-feds-grim-outlook-the-president-is-standing-in-the-way-of-lower-rates-and-lower-costs">Elizabeth Warren Blames Trump&#8217;s &#8216;Dumb Trade War&#8217; For Fed&#8217;s Grim Outlook: The President Is &#8216;Standing In The Way Of Lower Rates And Lower Costs&#8217;</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: Maxim Elramsisy / Shutterstock.com

Trump Announces Iran Nuclear Talks Following US Strikes That 'Severely Damaged' Iranian Nuclear Program

World Liberty Financial, a crypto venture backed by former U.S. President Donald Trump, is set to release a stablecoin audit and launch a new application.
What Happened: The Trump family, which has a 75% claim on the venture&#8217;s net revenues, has been the subject of criticism due to potential conflicts of interest with the president&#8217;s involvement in crypto, reported Reuters.
Zak Folkman, the co-founder of the platform, said the audit would be carried out &#8220;within days.&#8221; Folkman revealed that the app would make it seamless for lay investors to use cryptocurrencies.
World Liberty Financial, which raised $550 million by selling so-called governance tokens, was taken over by the Trump family in January. The family now has a claim on 75% of net revenues from token sales and 60% from World Liberty operations once the core business gets going.
The venture is planning to release a stablecoin audit and a new application, despite not having launched a public platform and having a small staff, according to the Reuters report. The Trump family&#8217;s large share of the project&#8217;s revenues and the non-tradeable nature of the governance tokens make<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46025145/saks-stablecoin-bill-treasury-buying-trump-ties-cloud-push"> World Liberty </a>unusually centralized for the industry.
See Also: <a href="https://benzinga.com/crypto/cryptocurrency/25/06/45833498/bitcoin-ethereum-xrp-dogecoin-start-the-week-green-ahead-of-us-china-trade-talks">Bitcoin, Ethereum, XRP, Dogecoin Start The Week Green Ahead Of US-China Trade Talks &#8211; Benzinga</a>
Why It Matters: The Trump family&#8217;s involvement in the crypto industry has been a subject of much debate. The family&#8217;s business also reportedly retained an attorney to serve as an ethics adviser to &#8220;avoid any perceived conflicts of interest.&#8221;
Trump has been a vocal supporter of the crypto industry, even <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46009971/trump-cheers-incredible-stablecoin-bill-passed-by-senate-get-it-to-my-desk-asap-no-delays">lauding the Senate's passing of the stablecoin legislation</a> in June. The legislation, known as the <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45192914/us-stablecoin-legislation-will-transform-crypto-says-sui-foundations-christian-thompson">GENIUS Act</a>, establishes a regulatory framework for dollar-pegged cryptocurrencies, also known as stablecoins, in the U.S.
According to Reuters, despite drawing criticism from his political opponents and some government ethics experts, citing conflicts of interest and influence peddling, the Trump family&#8217;s investments in World Liberty tie the personal fortunes of a sitting U.S. president to an asset class that sits at the outer edges of both risk and regulation.
Notwithstanding the controversy, the Trump family&#8217;s crypto ventures have been lucrative, quickly gaining hundreds of millions of dollars. The family&#8217;s business also took a minority stake in a newly-formed bitcoin producer called <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45949846/trump-medias-bitcoin-investment-plan-gets-sec-nod-unlocking-2-3-billion-in-capital">American Bitcoin</a> in June.
Photo Courtesy: Kirill Aleksandrovich on Shutterstock.com
Read Next: <a href="https://benzinga.com/general/education/24/11/42125880/if-you-bought-1-worth-of-bitcoin-at-launch-heres-how-much-youd-have-today-2">If You Bought $1 Worth Of Bitcoin At Launch, Here&#8217;s How Much You&#8217;d Have Today &#8211; Benzinga</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump Family-Backed World Liberty Financial Plans To Launch A New App That Will Make It Easy For Lay Investors To Use Crypto

On Wednesday, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) scored a legal victory as a federal judge ruled that the company&#8217;s use of <a href="https://www.benzinga.com/general/entertainment/23/07/33158772/sarah-silverman-and-other-authors-allege-openai-meta-wield-ai-tech-to-steal-info">copyrighted books</a> to train its AI models is protected under the fair use doctrine.
What Happened: A lawsuit filed by 13 authors, including Sarah Silverman, claimed Meta illegally used their copyrighted works to train AI models.
However, U.S. District Judge Vince Chhabria sided with Meta, granting summary judgment and stating that the company's actions fell under fair use, <a href="https://techcrunch.com/2025/06/25/federal-judge-sides-with-meta-in-lawsuit-over-training-ai-models-on-copyrighted-books/">reported</a> TechCrunch.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45988600/mark-zuckerbergs-meta-dangled-100-million-signing-bonuses-to-openai-team-members-says-sam-altman-happy-none-of-our-best-people-took-them" target="_blank" rel="noreferrer noopener">Mark Zuckerberg&#8217;s Meta Dangled ‘$100 Million Signing Bonuses&#8217; To OpenAI Team Members, Says Sam Altman: Happy ‘None&#8217; Of Our Best People Took Them</a>
&#8220;The plaintiffs presented no meaningful evidence on market dilution at all,&#8221; Judge Chhabria said. He went on to say that while the case was narrowly focused, AI model training can be deemed transformative, meaning Meta's models didn't simply replicate the authors' works.
Judge Chhabria added that this decision doesn't make all AI model training legal, but pointed out that the plaintiffs failed to make sufficient arguments about market harm.
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&#8217;s Important: The decision follows a <a href="https://www.benzinga.com/markets/tech/25/06/46088008/elon-musk-agrees-google-had-all-the-tools-but-still-lost-the-ai-race-to-openai-echoes-social-media-post-having-the-pieces-isnt-the-same-as-playing-the-game">similar ruling in favor</a> of Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) backed Anthropic, another AI company.&nbsp;
However, multiple other lawsuits are ongoing against tech firms accused of using different types of copyrighted content for AI training.
This includes The New York Times's <a href="https://www.benzinga.com/news/24/02/37121678/openai-lawsuit-judge-calls-sarah-silverman-other-authors-copyright-infringement-claim-insufficient">case against</a> OpenAI and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) over the use of its news articles, while Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Comcast Corp's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) Universal Studios have taken legal action against Midjourney for <a href="https://www.benzinga.com/news/legal/25/06/45895643/disney-universal-studios-sue-ai-image-generator-midjourney-for-copyright-infringement">allegedly training AI models</a> on movies and television content.
Price Action: Meta shares declined by 0.49% in Wednesday's regular trading and edged up by 0.017% in after-hours trading, as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Benzinga's Edge Stock Rankings show a steady upward trajectory for META over short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">Additional performance insights can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25225004/Screenshot-2025-06-26-at-8.18.07%E2%80%AFAM.png" alt="" class="wp-image-962394" /></a></figure>
Photo Courtesy: Skorzewiak on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45396297/cathie-wood-dumps-palantir-as-stock-touches-peak-prices-bails-on-soaring-flying-taxi-maker-archer-aviation" target="_blank" rel="noreferrer noopener">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

AMZN

CMCSA

MSFT

Mark Zuckerberg's Meta Beats Lawsuit Over AI Training On Books, Judge Finds 'No Meaningful Evidence On Market Dilution'

Bitcoin advanced while other blue-chip cryptocurrencies moved sideways on Wednesday&nbsp;as corporations continued to accumulate the apex digital asset.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 10:00 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.20%</td>
<td>$107,692.70</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.11%</td>
<td>$2,457.58</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>-0.78%</td>
<td>$0.1641</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The leading cryptocurrency gained momentum, reclaiming $108,000 after more than a week&#8217;s absence. The trading volume popped 3.43% to $50 billion over the last 24 hours.
Anthony Pompliano&#8217;s Bitcoin treasury company ProCap BTC, LLC, bought another 1,208 BTC at an average price of $105,977, taking its total holdings to 4,932 BTC, worth $531.4 million. 
<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">We have purchased another 1,208 bitcoin. The average price was ~ $105,977 per bitcoin. We now hold a total of 4,932 bitcoin. We believe bitcoin is the new hurdle rate. If you can't beat it, you have to buy it. Full press release here: <a href="https://t.co/wHHhrYDpJD">https://t.co/wHHhrYDpJD</a> <a href="https://t.co/LJpwuoyvCe">pic.twitter.com/LJpwuoyvCe</a>
&mdash; Anthony Pompliano &#x1f32a; (@APompliano) <a href="https://twitter.com/APompliano/status/1937994001199575233?ref_src=twsrc%5Etfw">June 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ethereum consolidated in the $2,400 range before gaining traction overnight to exceed $2,450. Trading volume remained tepid for the second-largest cryptocurrency.
More than $200 million was liquidated from the cryptocurrency market in the last 24 hours, with nearly $102 million in bearish shorts wiped out.
Meanwhile, Bitcoin&#8217;s open interest surged nearly 5% in the last 24 hours. A rise in open interest, combined with a price rise, is typically interpreted as a bullish signal.
The market's "Greed" sentiment strengthened from 66 to 74, according to the Crypto Fear &amp; Greed Index.
Top Gainers (24 Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 10:00 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Pi (PI)</td>
<td>+12.86%</td>
<td>$0.6228</td>
</tr>
<tr>
<td>Kaspa (KAS) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+4.64%</td>
<td>$0.0781</td>
</tr>
<tr>
<td>Bitget Token (BGB)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+2.92%</td>
<td>$4.45 </td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.30 trillion, following a modest increase of 0.67% in the last 24 hours.
Stocks were a mixed bag on Wednesday. The Dow Jones Industrial Average dropped 106.59 points, or 0.25%, to end at 42,982.43. The S&amp;P 500 was barely changed, ending the session at 6,092.16. The tech-heavy Nasdaq Composite rose 0.31% to end at 19,973.55.
Artificial intelligence darling NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surged 4.33% to <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46098276/nvidia-stock-soars-near-record-high-whats-driving-the-rally#:~:text=According%20to%20data%20from%20Benzinga,52%2Dweek%20low%20of%20%2486.62.">close at a record high</a> on Wednesday, becoming the world's most valuable company.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: On-chain analytics firm Santiment highlighted a divergence in trader behavior for Bitcoin and Ethereum.
"With BTC pushing crypto&#8217;s recovery, traders are shorting (expecting a slight pullback). Meanwhile, ETH has been trailing, and traders are longing in hopes it will catch up," Santiment stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4ca; Traders are pushing Bitcoin&#39;s &amp; Ethereum&#39;s funding rates in 2 directions. With <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> pushing crypto&#39;s recovery, traders are shorting (expecting a slight pullback). Meanwhile, <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> has been trailing, and traders are longing in hopes it will catch up. &#x1f517; <a href="https://t.co/TDl4zmxxnD">https://t.co/TDl4zmxxnD</a> <a href="https://t.co/miBpxw5oNi">pic.twitter.com/miBpxw5oNi</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1937923598695514430?ref_src=twsrc%5Etfw">June 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Cas Abbé likened Bitcoin&#8217;s current price action at $108,000 to its $20,000 level in 2020.
"In 2020-21 cycle, BTC pumped 3x in just 3 months," Abbé said. "I&#8217;m not saying that BTC will pull a 3x, but there will be a similar parabolic move.
The analyst projected BTC to soar 50%-80% in the next 3-4 months before a blow-off top.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Buying <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> now is like buying BTC at $20K in 2020. I&#39;m not saying that BTC will pull a 3x, but there will be a similar parabolic move. In 2020-21 cycle, BTC pumped 3x in just 3 months. This time, I&#39;m expecting 50%-80% move within 3-4 months before a blow-off top. Make no… <a href="https://t.co/xYd5tcFgXn">pic.twitter.com/xYd5tcFgXn</a>
&mdash; Cas Abbé (@cas_abbe) <a href="https://twitter.com/cas_abbe/status/1937791511422271522?ref_src=twsrc%5Etfw">June 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: PeopleImages.com &#8211; Yuri A on Shutterstock.com
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46094408/how-bitcoin-is-maturing-to-a-global-liquidity-asset-report">How Bitcoin Is Maturing To A Global Liquidity Asset: Report</a></li>
</ul>

Comments

VYNE Therapeutics

뉴스

에 대한 최신 뉴스 VYNE Therapeutics (NASDAQ:VYNE) 주식

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌