La chaîne d'options affiche les données clés des options sur actions de ABVC BioPharma à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour ABVC BioPharma..

ABVC BioPharma (NASDAQ:ABVC) Stock, Chaîne d'Options

ABVC BioPharma

ABVC BioPharma Inc is a clinical-stage biopharmaceuticals company with an active pipeline of six drugs and one medical device (ABV-1701/Vitargus) under development. Its drug products focus on utilizing its licensed technology to conduct proof-of-concept trials through Phase II of the clinical development process. The firm specializes in botanically based solutions that deliver high efficacy with low toxicity for improved health outcomes.

ABVC BioPharma Inc

The shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) climbed 4.98% during the Friday pre-market trading session after indications of a possible reconciliation between CEO Elon Musk and President Donald Trump. 
What Happened: On Thursday, Tesla&#8217;s market cap plummeted by a record $152 billion, marking the company&#8217;s largest market cap loss in history. This decline was attributed to an intensified conflict between Musk and Trump over the latter&#8217;s &#8220;Big Beautiful Bill.&#8221;
In a subsequent interview with&nbsp;Politico, Trump <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">hinted </a>at a potential reconciliation with Musk, and the White House reportedly initiated efforts to de-escalate the situation. 
Meanwhile, Dan Ives, a prominent Wall Street analyst, believes that the ongoing feud between Musk and Trump will soon come to an end, allowing Musk to refocus on Tesla and its autonomous driving ambitions. Through a post on X, he also suggested that Tesla&#8217;s stock is currently oversold.
<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 believe this fight in the sandbox between Musk and Trump will be resolved soon and this feud can end and Musk can focus back on Tesla and autonomous. Musk needs a friend in the White House and we believe Musk/Trump will makeup and be friends again. Tesla way oversold here &#x1f91d;&#x1f37f;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1930911687420399691?ref_src=twsrc%5Etfw">June 6, 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/news/politics/25/06/45808431/xi-has-bowed-to-reality-says-china-analyst-urges-more-engagement-between-leaders-to-resolve-trade-i" target="_blank" rel="noreferrer noopener">Xi Has &#8216;Bowed To Reality,&#8217; Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: &#8216;No Substitute For Direct Negotiations With Trump&#8217;</a>
Why It Matters: The feud has not only affected Tesla&#8217;s stock but also sparked a public outcry for <a href="https://www.benzinga.com/news/politics/25/06/45808535/bill-ackman-and-ye-call-for-trump-musk-reconciliation-after-public-fallout-over-tax-bill">reconciliation</a>. Notable figures such as billionaire hedge fund manager Bill Ackman and rapper Ye have called for a resolution between the two influential figures. Elon Musk also seemed to embrace the idea of making peace with the President by responding to Ackman, saying, &#8220;You are not wrong.&#8221;
This development, coupled with Ives&#8217; optimistic outlook, could signal a potential recovery for Tesla&#8217;s stock in the near future.
Meanwhile, Goldman Sachs lowered its price target on Tesla on Friday from $295 to $285 while reiterating a &#8216;Neutral&#8217; rating, reported Investing.com. The analysts based their revised outlook on weaker monthly data from major regions such as the United States, Europe, and China. Goldman Sachs now projects Tesla's second-quarter deliveries to fall between 335,000 and 395,000 vehicles, depending on June&#8217;s results and how aggressively Tesla employs incentives.
Benzinga Edge Stock Rankings shows that Tesla had a strong price trend over the short, medium and long term. Its momentum ranking was moderate at the 92nd percentile, whereas its value ranking was poor at the 9th percentile; the details of other metrics are available <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">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/2025/06/06055014/Screenshot-2025-06-06-at-3.20.08%E2%80%AFPM.png" alt="" class="wp-image-940978" /></a></figure>
<ul class="wp-block-list">
<li>SEE MORE:&nbsp;<a href="https://benzinga.com/markets/tech/25/06/45784639/jeff-bezos-let-customers-cancel-their-own-amazon-orders-and-it-paid-off-big-if-you-give-people-more-" target="_blank" rel="noreferrer noopener">Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: &#8216;If You Give People More Control&#8230;Maybe They&#8217;ll Order More&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

Tech

TSLA

Tesla Stock Climbed Nearly 5% In Friday Pre-Market: What's Going On?

Former Treasury Secretary Lawrence Summers has sharply criticized the tax bill by the President Donald Trump administration amid the ongoing feud with Elon Musk.
What Happened: Describing the &#8220;Big Beautiful Bill&#8221; as a &#8220;prescription for deadly, dangerous decline,&#8221; Larry Summers listed three key reasons for the climbing U.S. debt burden in an X post.
According to him, the government has not introduced any big spending programs lately that could contribute to the debt.
&#8220;It's not that we've launched all kinds of big new spending programs,&#8221; he said in the post. The reasons for the mounting debt, according to Summers, include;
<ul class="wp-block-list">
<li>An increase in the population aged over 65 years, which allows them to draw entitlement benefits.</li>
<li>An increase in the costs of things the government pays for, including health care.</li>
<li>Lastly, the interest payments the Treasury is making.</li>
</ul>
<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">The U.S. debt burden has climbed for three reasons. First is the increase in the population aged over 65, which allows them to draw entitlement benefits. Second is the increase in the costs of things the government pays for, including health care. Third is the interest payments…
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1930806976914620762?ref_src=twsrc%5Etfw">June 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In a following post, Summers highlighted that the &#8216;Big Beautiful Bill&#8221; takes on debt on a massive scale that the U.S. &#8220;can't afford.&#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">The big, beautiful bill is a prescription for deadly, dangerous decline. It takes on debt on a massive scale that we can't afford.<a href="https://t.co/01l7oRcTr3">https://t.co/01l7oRcTr3</a>
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1930806303066067353?ref_src=twsrc%5Etfw">June 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45764818/bill-ackman-urges-end-to-fannie-mae-freddie-mac-conservatorship-says-will-enable-them-to-operate-more-successfully-and-efficiently" target="_blank" rel="noreferrer noopener">Bill Ackman Urges End To Fannie Mae, Freddie Mac Conservatorship: Says Will Enable Them To ‘Operate More Successfully And Efficiently'</a>
Why It Matters: The Congressional Budget Office has estimated that tax changes from the &#8220;Big Beautiful Bill&#8221;, including extending provisions of the 2017 tax act, would lead to an <a href="https://www.benzinga.com/markets/equities/25/05/45536595/big-beautiful-bill-will-explode-the-deficit-and-make-the-rich-richer-congressional-budget-office-estimates-4-income-fall-for-lowest-decile-of-americans-by-2033">increase in the federal deficit by $3.8 trillion</a>. 
The document also stated, "Household resources would decrease by an amount equal to about 2 percent of income in the lowest decile (tenth) of the income distribution in 2027 and 4 percent in 2033, mainly as a result of losses of in-kind transfers, such as Medicaid and SNAP."
On the other hand, resources would increase by an amount equal to 4% for households in the highest decile in 2027 and 2% in 2033, mainly because of "reductions in the taxes they owe."
Meanwhile, it also underscored a $698 billion reduction in federal subsidies from changes to the Medicaid program and $267 billion less in federal spending for the Supplemental Nutrition Assistance Program (SNAP).
Musk also called the bill a &#8220;<a href="https://www.benzinga.com/news/politics/25/06/45757029/elon-musk-slams-congressional-spending-bill-as-a-disgusting-abomination">disgusting abomination</a>&#8221; earlier this week, which followed a very public spat on social media between President Trump and Musk on Thursday. 
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.34% at $595.05, while the QQQ advanced 0.29% to $526.30, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45790628/elon-musk-mike-lee-back-warren-buffetts-5-minute-fix-for-us-deficit-crisis-all-the-sitting-members-of-congress-are-ineligible-for-re-election-if-this-happens">Elon Musk, Mike Lee Back Warren Buffett's ‘5-Minute' Fix For US Deficit Crisis: ‘All The Sitting Members Of Congress Are Ineligible For Re-Election' If This Happens</a></li>
</ul>
Photo courtesy: Rawpixel.com / Shutterstock.com

Markets

Larry Summers Identifies 3 Key Reasons For Rising US Debt, But Doesn't Think Trump's 'Big Beautiful Bill' Is The Medicine The Country Needs

The ongoing public dispute between the CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Elon Musk, and President Donald Trump has caused a stir in the financial markets, wiping nearly $155 billion of investor wealth in a single day.
What Happened: The Musk-Trump dynamic took a sharp turn after the former began criticizing the government&#8217;s new tax bill, terming it a &#8220;spending bill&#8221; and calling it a &#8220;<a href="https://www.benzinga.com/news/politics/25/06/45757029/elon-musk-slams-congressional-spending-bill-as-a-disgusting-abomination">disgusting abomination</a>&#8221; earlier this week.
This comes after Musk&#8217;s late May <a href="https://www.benzinga.com/25/05/45661836/tesla-stock-gains-215-after-hours-as-elon-musk-ends-doge-government-role">exit from the Department of Government Efficiency</a>, or DOGE, which was directed to reducing the &#8220;wasteful spending&#8221; by the administration. &#8211;
On Thursday, Musk and Trump engaged in a <a href="https://www.benzinga.com/news/politics/25/06/45800612/trump-says-musk-has-trump-derangement-syndrome-as-battle-over-bill-heats-up-had-a-great-relationship-dont-know-if-we-will-anymore">very public spat</a> on social media, and both were seen allaying accusations against each other.
These developments dragged the stocks linked to their businesses lower in trade. While Tesla&#8217;s market capitalization dropped from $1,069 billion to $916.7 billion, the firm erased <a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025">$152.3 billion</a> of investor wealth.
Similarly, the market cap of Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>) fund, which owns 34.6% of Musk&#8217;s SpaceX, tumbled from $466 million to $408 million, destroying $58 million of the wealth.
On the other hand, Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) wiped $490 million of the investor wealth, which is held by the <a href="https://www.benzinga.com/markets/equities/24/12/42609228/trump-transfers-entire-djt-stake-to-revocable-trust-ahead-of-inauguration">Donald J. Trump Revocable Trust</a>, with Trump being the sole beneficiary of the trust. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>M-Cap On Wed, June 4</td>
<td>M-Cap On Thurs, June 5</td>
<td>Change</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>$1069 billion</td>
<td>$916.7 billion</td>
<td>$152.3 billion</td>
</tr>
<tr>
<td>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)</td>
<td>$6.05 billion</td>
<td>$5.56 billion</td>
<td>$0.49 billion</td>
</tr>
<tr>
<td>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</td>
<td>$0.466 billion</td>
<td>$0.408 billion</td>
<td>$0.058 billion</td>
</tr>
</tbody>
</table>
</figure>
Meanwhile, the cryptocurrencies linked to both Musk and Trump also tumbled.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrencies</td>
<td>M-Cap On Wed, June 4</td>
<td>M-Cap On Thurs, June 5</td>
<td>Change</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$28.61 billion</td>
<td>$26.90 billion</td>
<td>$1.71 billion</td>
</tr>
<tr>
<td>Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>)</td>
<td>$2.196 billion</td>
<td>$2.023 billion</td>
<td>$0.173 billion</td>
</tr>
</tbody>
</table>
</figure>
Cumulatively, the three securities erased $154.731 billion in investor wealth in just a single day.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45764818/bill-ackman-urges-end-to-fannie-mae-freddie-mac-conservatorship-says-will-enable-them-to-operate-more-successfully-and-efficiently" target="_blank" rel="noreferrer noopener">Bill Ackman Urges End To Fannie Mae, Freddie Mac Conservatorship: Says Will Enable Them To ‘Operate More Successfully And Efficiently'</a>
Why It Matters: Despite the apparent tension, Trump seemed unfazed, in an interview <a href="https://www.politico.com/news/2025/06/05/trump-white-house-aides-signal-a-possible-detente-with-musk-00391502">with</a> Politico on Thursday, stating, &#8220;Oh, it&#8217;s okay.&#8221; 
"It's going very well, never done better." He also mentioned his high favorability ratings, indicating a <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">possible shift in his stance</a> towards Musk. 
President's aides have even scheduled a call with Musk to potentially resolve the conflict.
However, the shares of these companies witnessed a sharp drop on Thursday.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>Thursday Close</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>-14.26%</td>
<td>-24.94%</td>
</tr>
<tr>
<td>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)</td>
<td>-8.04%</td>
<td>-40.86%</td>
</tr>
<tr>
<td>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</td>
<td>-12.42%</td>
<td>-34.39%</td>
</tr>
</tbody>
</table>
</figure>
Benzinga Edge Stock Rankings show that Tesla had a weaker price trend over the short and medium terms but a strong trend over the long term. Its momentum ranking was solid, and its value ranking was poor at the 9.28th percentile. The details of other metrics are<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> available here</a>.
<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="152" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-1024x152.png" alt="" class="wp-image-940810" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-1024x152.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-768x114.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW.png 1155w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings show that DJT had a weaker price trend over the short, medium, and long term. Its momentum ranking was poor, and its value ranking was also poor at the 0.94th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a> 
<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="150" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-1024x150.png" alt="" class="wp-image-940809" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-1024x150.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-768x112.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new.png 1156w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings show that DXYZ had a weaker price trend over the medium term but a strong trend over the short and long term. Its momentum ranking was solid at the 97.03th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a>
<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/2025/06/06034516/DXYZ-Edge-1024x147.png" alt="" class="wp-image-940807" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge.png 1177w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45790628/elon-musk-mike-lee-back-warren-buffetts-5-minute-fix-for-us-deficit-crisis-all-the-sitting-members-of-congress-are-ineligible-for-re-election-if-this-happens">Elon Musk, Mike Lee Back Warren Buffett&#8217;s &#8216;5-Minute&#8217; Fix For US Deficit Crisis: &#8216;All The Sitting Members Of Congress Are Ineligible For Re-Election&#8217; If This Happens </a></li>
</ul>
Photo courtesy: Joey Sussman / Shutterstock.com

Politics

$DOGE

$TRUMP

DOGE

DXYZ

Investors Pay The Price As Musk-Trump War Of Words Escalates: Once Allies, Now Foes, Their Linked Stocks, Crypto And Funds Wipe Out $155 Billion In A Single Day

Earnings

HUIZ

Huize Holding Q1 Adj EPADS $0.00 Vs. $0.05 YoY

Huize Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUIZ#NASDAQ">HUIZ</a>) reported $39.11 million in sales this quarter. This is a 9.01 percent decrease over sales of $42.98 million the same period last year.

Huize Holding Q1 Sales $39.11M Down From $42.98M YoY

QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.18 by 50 percent. This is a 12.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $78.60 million which missed the analyst consensus estimate of $83.14 million by 5.46 percent. This is a 39.98 percent decrease over sales of $130.96 million the same period last year.

Earnings Misses

QuantaSing Group Q3 Adj. EPADS $0.09 Misses $0.18 Estimate, Sales $78.60M Miss $83.14M Estimate

PONY

Pony AI Begins Public Road Tests Of Gen-7 Robotaxis In China With GAC Aion V, Showcasing 70% Cost Cut And 100% Auto-Grade Components

Macro Economic Events

Econ #s

Economics

Eurozone Gross Domestic Product (YoY) 1.5% Vs. 1.2% Est.; 1.2% Prior

Eurozone Gross Domestic Product (QoQ) For Q1 0.6% Vs. 0.3% Est.; 0.2% Prior

Mortgage Rate (GBP) 7.09% Vs. 7.19% (Revised) Prior

NOAH

Noah And ARK Outline Wealth Allocation Strategy Amid Global Volatility, Highlight AI Disruption, Tariffs, And Alternative Investment Demand

Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) Chief Brokerage Officer Steve Quirk credited retail investors with stabilizing markets following President Donald Trump&#8216;s sweeping tariff announcement in April, while highlighting record-breaking overnight trading volumes that signal a fundamental shift in market behavior.
What Happened: Speaking at the Piper Sandler Global Exchange &amp; Trading Conference on Thursday, Quirk said this marked the second time retail traders rescued volatile markets, Reuters reported. &#8220;This is the second occurrence where I would argue retail came to the rescue of the market. COVID was probably the first,&#8221; he stated.
The market turmoil followed Trump&#8217;s April 2 tariff announcement, which roiled global markets and scuttled dealmaking. Retail investors responded by purchasing $4.7 billion in stocks on April 3, the highest single-day level in the past decade, according to JPMorgan estimates, according to the report.
Overnight trading has emerged as a key growth driver for Robinhood, with May representing the company&#8217;s biggest month ever for after-hours trading volume. The platform estimates up to 25% of total daily trading volume on busy days now occurs outside traditional market hours.
&#8220;You will look back in a couple years and laugh at the notion that we waited until 9:30 Eastern for trading to start,&#8221; Quirk said, noting users in their 30s &#8220;do the research and homework in the evening&#8221; and expect round-the-clock trading access.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45807325/bitcoin-ethereum-dogecoin-drop-as-crypto-market-loses-124-billion-amid-trump-musk-feud-and-mass-liquidations">Bitcoin, Ethereum, Dogecoin Drop As Crypto Market Loses $124 Billion Amid Trump-Musk Feud And Mass Liquidations</a>
Why It Matters: Robinhood reported record metrics for May, with total platform assets reaching an all-time high above $250 billion. Year-to-date net deposits climbed 40% to approximately $28 billion, while equity trading volumes rose 10% month-over-month and options <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45794817/robinhood-stock-is-rising-thursday-whats-going-on">contracts hit all-time highs</a>.
Price Action: Robinhood Markets Inc. closed at $72.51 on Thursday, up 0.33%. In pre-market trading, the stock rose 1.70% to $73.74. Year to date, it&#8217;s up 83.85%.
According to Benzinga Edge Stock Rankings, Robinhood shows strong momentum and impressive growth, with a low value score indicating premium pricing. However, the stock maintains a positive price trend across the short to long term. Click here to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">view the full stock breakdown</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="886" height="638" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85.png" alt="" class="wp-image-940866" style="width:614px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85.png 886w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85-300x216.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85-768x553.png 768w" sizes="(max-width: 886px) 100vw, 886px" /></a></figure>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: NRSPro / Shutterstock.
 <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener"></a>

Equities

HOOD

Robinhood Says Overnight Trading Spiked After Trump's Tariff Surprise: 'Retail Came To The Rescue'

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has announced plans to invest more than $5 billion in Taiwan&#8217;s cloud infrastructure as it launches a new Amazon Web Services Asia Pacific Region. The investment will support the construction, connection, operation, and maintenance of data centers across the island nation.
What Happened: The new regional deployment enables organizations to build and scale using AWS&#8217;s comprehensive cloud services while meeting local data residency requirements, according to Prasad Kalyanaraman, vice president of Infrastructure Services at AWS, <a href="https://breakingthenews.net/Article/Amazon-to-invest-dollar5B-in-new-Taiwan-infrastructure-region/64242082">reported</a> Baha News. 
Services range from foundational compute and storage to advanced analytics and artificial intelligence capabilities.
AWS plans to hire additional local personnel to operate the new region as part of its commitment to developing digital skills in Taiwan&#8217;s workforce.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45784639/jeff-bezos-let-customers-cancel-their-own-amazon-orders-and-it-paid-off-big-if-you-give-people-more-controlmaybe-theyll-order-more">Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: &#8216;If You Give People More Control…Maybe They&#8217;ll Order More&#8217;</a>
Why It Matters: The Taiwan investment follows Amazon&#8217;s <a href="https://www.benzinga.com/markets/equities/25/06/45786038/amazon-expands-cloud-ai-footprint-with-10-billion-data-center-investment-in-north-carolina">recent $10 billion commitment to North Carolina data cente</a>r infrastructure announced Wednesday. That deployment will create at least 500 high-skilled positions, including data center engineers, network specialists, and security experts in Richmond County.
The company launched a new agentic AI group within its Lab126 division to <a href="https://www.benzinga.com/markets/tech/25/06/45783322/amazon-launches-new-agentic-ai-group-to-boost-robotics-enhance-user-interactions">develop systems handling complex</a>, multistep tasks. Amazon operates over 750,000 robots assisting in 75% of customer orders. 
Amazon shares traded at $207 on Thursday, maintaining positive momentum across short, medium and long-term periods according to Benzinga Edge Stock Rankings, despite year-to-date declines of 5.59%. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here to see the full stock breakdown</a>. 
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="884" height="644" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82.png" alt="" class="wp-image-940804" style="width:675px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82.png 884w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82-300x219.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82-768x559.png 768w" sizes="(max-width: 884px) 100vw, 884px" /></a></figure>
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Markus Mainka / Shutterstock.com

AMZN

Amazon Bets Big On Taiwan With $5 Billion Cloud Push, Launches New AWS Region To Power AI And Data Growth

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the S&amp;P 500 recording losses following a decline in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares.
Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) shares dipped 13% on Thursday after the company reported downbeat earnings for its fiscal second quarter. PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) tumbled 18% after the company cut its FY25 guidance below estimates and issued second-quarter adjusted EPS guidance below estimates.
On the economic data front, unit labour costs in the US nonfarm business sector rose 6.6% during the first quarter, while nonfarm business sector labor productivity in the U.S. declined by 1.5% in the first quarter. The U.S. trade gap shrank to $61.6 billion in April, recording the lowest level since September 2023.
Most sectors on the S&amp;P 500 closed on a negative note, with consumer discretionary, materials and consumer staples stocks recording the biggest losses on Thursday. However, communication services stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 108 points to 42,319.74 on Thursday. The S&amp;P 500 fell 0.53% to 5,939.30, while the Nasdaq Composite dipped 0.83% to 19,298.45 during Thursday's session.
Investors are awaiting earnings results from ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>), G-III Apparel Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) and Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 58.3, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 59.1.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Photo courtesy: Shutterstock

CIEN

GIII

MANU

S&P Settles Lower As Tesla Shares Fall: Investor Sentiment Declines, Fear Index In 'Greed' Zone

FuelCell Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) will release its second-quarter earnings results before the <a href="https://www.benzinga.com/quote/FCEL/earnings">opening bell on Friday, June 6.</a>
Analysts expect the Danbury, Connecticut-based company to report quarterly loss at $1.38 per share, versus a year-ago loss of $2.1 per share in the year-ago period. FuelCell Energy projects to report quarterly revenue at $32.42 million, compared to $22.42 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On April 30, FuelCell Energy named industry veteran Mike Hill as the company&#8217;s new Chief Commercial Officer, replacing Mark Feasel.
FuelCell Energy shares dipped 7.8% to close at $5.20 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/fcel/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Jefferies analyst Laurence Alexander maintained a Hold rating and cut the price target from $15 to $8.4 on Dec. 20, 2024. This analyst has an accuracy rate of 75%.</li>
<li>UBS analyst Manav Gupta maintained a Neutral rating and cut the price target from $15 to $13.75 on Dec. 3, 2024. This analyst has an accuracy rate of 53%.</li>
<li>Wells Fargo analyst Praneeth Satish maintained an Underweight rating and cut the price target from $30 to $5 on Nov. 13, 2024. This analyst has an accuracy rate of 55%.</li>
</ul>
Considering buying FCEL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/fcel/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="583" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043012/image-84-1024x583.png" alt="" class="wp-image-940864" style="width:662px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043012/image-84-1024x583.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043012/image-84-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043012/image-84-768x438.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043012/image-84.png 1141w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Photo via Shutterstock

Price Target

Pre-Market Outlook

Analyst Ratings

Trading Ideas

FCEL

FuelCell Energy Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

<h3>Companies Reporting Before The Bell</h3>
• Burning Rock Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNR#NASDAQ">BNR</a>) is projected to report earnings for its first quarter. 
• FuelCell Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) is estimated to report quarterly loss at $1.38 per share on revenue of $32.42 million. 
• G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) is estimated to report quarterly earnings at $0.13 per share on revenue of $580.37 million. 
• Manchester United (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) is likely to report quarterly loss at $0.33 per share on revenue of $202.47 million. 
• ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) is likely to report quarterly earnings at $0.86 per share on revenue of $2.06 billion. 
• QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) is likely to report quarterly earnings at $0.18 per share on revenue of $83.14 million. 
• Huize Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUIZ#NASDAQ">HUIZ</a>) is estimated to report earnings for its first quarter. 
<h3>Companies Reporting After The Bell</h3>
• Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) is likely to report quarterly earnings at $0.00 per share on revenue of $260.62 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PLCE

Earnings Scheduled For June 6, 2025

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) to report quarterly earnings at 86 cents per share on revenue of $2.06 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. ABM shares gained 2% to $52.27 in after-hours trading.</li>
<li>DocuSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) posted better-than-expected first-quarter results and announced a $1 billion increase to its share purchase program. Docusign said it sees second-quarter revenue in a range of $777 million to $781 million, versus the $774.75 million estimate. The company raised its fiscal 2026 revenue outlook to a range of $3.15 billion to $3.16 billion, versus the $3.14 billion estimate. DocuSign shares dipped 16.9% to $77.24 in the after-hours trading session.</li>
<li>Analysts are expecting G-III Apparel Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) to post quarterly earnings at 12 cents per share on revenue of $580.37 million. The company will release earnings before the markets open. G-III Apparel shares rose 2.3% to $28.30 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) reported first-quarter revenue of $2.37 billion, beating the consensus estimate of $2.36 billion, according to Benzinga Pro. However, the company lowered its full-year earnings forecast to $14.58 to $14.78 per share, down from prior guidance of $14.95 to $15.15 per share. Lululemon shares dipped 22.4% to $256.80 in the after-hours trading session.</li>
<li>Analysts expect Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) to post a quarterly loss at 33 cents per share on revenue of $202.47 million before the opening bell. Manchester United shares rose 2.5% to $14.15 in after-hours trading.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45790405/top-2-defensive-stocks-that-are-ticking-portfolio-bombs">Top 2 Defensive Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo courtesy: ZikG / Shutterstock.com

DOCU

LULU

Lululemon, ABM Industries And 3 Stocks To Watch Heading Into Friday

G-III Apparel Group, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) will release its first-quarter financial results before the <a href="https://www.benzinga.com/quote/GIII/earnings">opening bell on Friday, June 6.</a>
Analysts expect the New York-based company to report quarterly earnings at 13 cents per share, up from 12 cents per share in the year-ago period. G-III Apparel projects quarterly revenue of $580.37 million, compared to $609.75 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 13, the company reported fourth-quarter sales growth of 9.8% year-on-year to $839.535 million, beating the analyst consensus estimate of $807.590 million.
G-III Apparel shares fell 2.6% to close at $27.67 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/GIII/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $30 on June 2, 2025. This analyst has an accuracy rate of 61%.</li>
<li>Guggenheim analyst Robert Drbul maintained a Buy rating and boosted the price target from $36 to $38 on Dec. 11, 2024. This analyst has an accuracy rate of 60%.</li>
</ul>
Considering buying GIII stock? Here&#8217;s what analysts think:
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</ul>
Photo via Shutterstock

Top Wall Street Forecasters Revamp G-III Apparel Expectations Ahead Of Q1 Earnings

ABM Industries Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) will release its second-quarter financial results before the <a href="https://www.benzinga.com/25/03/44273475/abm-reports-solid-q1-growth-raises-fy25-guidance-amid-strong-aviation-and-technical-solutions-sale">opening bell on Friday, June 6.</a>
Analysts expect the New York-based company to report quarterly earnings at 86 cents per share, down from 87 cents per share in the year-ago period. ABM projects quarterly revenue of $2.06 billion, compared to $2.02 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 12, the company reported that its sales grew 2.2% year over year to $2.11 billion in the first quarter, beating the consensus of $2.09 billion.
ABM shares fell 2.1% to close at $51.26 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/ABM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>UBS analyst Joshua Chan maintained a Neutral rating and cut the price target from $56 to $50 on March 13, 2025. This analyst has an accuracy rate of 67%.</li>
<li>Truist Securities analyst Jasper Bibb maintained a Hold rating and boosted the price target from $49 to $55 on Sept. 9, 2024. This analyst has an accuracy rate of 78%.</li>
<li>Baird analyst Andrew Wittmann maintained a Neutral rating and raised the price target from $49 to $56 on Sept. 9, 2024. This analyst has an accuracy rate of 78%.</li>
</ul>
Considering buying ABM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/ABM/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="565" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06040845/image-83-1024x565.png" alt="" class="wp-image-940833" style="width:645px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06040845/image-83-1024x565.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06040845/image-83-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06040845/image-83-768x424.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06040845/image-83.png 1123w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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</ul>
Photo via Shutterstock

ABM Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has denied reports that it is re-entering the Chinese market with a new AI chip, despite a previous ban by the U.S. government.
What Happened: Nvidia supplier, Shenzhen-based ZJK Industrial (ZJK) is ramping up production to cater to the increasing demand for Nvidia&#8217;s B40 project. The B40 chip, a custom AI accelerator, is specifically designed for the Chinese market and is based on Nvidia&#8217;s Blackwell architecture. ZJK stated that it aims to commence mass production as early as this month, <a href="https://www.investors.com/news/technology/nvidia-stock-chipmaker-preparing-to-reenter-china/?src=A00220&amp;ref=biztoc.com">reported</a> Investor&#8217;s Business Daily.
In a statement obtained by the publication, Nvidia denied the news. &#8220;We&nbsp;are still evaluating our limited&nbsp;options. Until we settle on&nbsp;a new product design and&nbsp;receive approval from the U.S.&nbsp;government, we are effectively foreclosed&nbsp;from China&#8217;s $50 billion data center market,&#8221; clarified the Jensen Huang-led company.
ZJK manufactures precision fasteners and metal parts for industries like electronics, automotive, aerospace, energy storage, medical devices, and AI supercomputer cooling systems. The company&#8217;s CEO, Ning Ding, highlighted the B40 project&#8217;s market advantages and expects B40 chip shipments&nbsp;to exceed one million units&nbsp;by the end of 2025.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/topics/25/06/45786818/steve-ballmer-says-he-didnt-speak-to-bill-gates-for-a-year-after-becoming-microsoft-chief-reveals-pow" target="_blank" rel="noreferrer noopener">Steve Ballmer Says He &#8216;Didn&#8217;t Speak&#8217; To Bill Gates For A Year After Becoming Microsoft Chief: Reveals Power Struggle And Rift Over &#8216;Real CEO&#8217; Role</a>
Why It Matters: Reports of Nvidia re-entering the Chinese market come after the company abandoned the release of its Hopper series chip in China due to U.S. restrictions. Nvidia&#8217;s CEO, Jensen Huang, <a href="https://www.benzinga.com/markets/25/05/45487468/nvidia-abandons-hopper-series-chip-release-in-china-due-to-us-restrictions-not-possible-to-modify-hopper-anymore">confirmed </a>that further modifications to the Hopper series were not feasible.
Moreover, Huang has previously criticized U.S. chip export controls as counterproductive to America's technological leadership. He revealed that Nvidia <a href="https://www.benzinga.com/25/05/45513246/nvidia-ceo-jensen-huang-says-chinese-ai-researchers-are-world-class-and-us-companies-are-hiring-a-whole-bunch-of-them">wrote off</a> $5.5 billion in inventory and walked away from approximately $15 billion in sales due to these restrictions.
The company&#8217;s first-quarter financial results were also <a href="https://www.benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong">impacted </a>by the China export ban. However, Huang stated that the demand was &#8216;incredibly strong.&#8217;
Benzinga's Edge Rankings place Nvidia in the 74th percentile for momentum and the 99th percentile for growth, reflecting its strong performance in both areas. Check the detailed report <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a>. 
Over the past month, the stock surged 23.30%.
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<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/06/45790762/trumps-tariff-plan-could-cut-deficit-by-2-8-trillion-over-a-decade-but-not-without-" target="_blank" rel="noreferrer noopener">Trump&#8217;s Tariff Plan Could Cut Deficit By $2.8 Trillion Over A Decade — But Not Without Consequences, Warns CBO</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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