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BLACKROCK SMALLER CO TRST by BLACKROCK SMALLER COMPANIES TRUST PLC (OTC:BKSTF) Stock, Rapport sur les intérêts à découvert

BLACKROCK SMALLER CO TRST by BLACKROCK SMALLER COMPANIES TRUST PLC

Sky Quarry Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYQ#NASDAQ">SKYQ</a>) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it will host a live investor webinar on Thursday, June 26 at 11:00 a.m. PDT / 2:00 p.m. EDT.
The webinar will provide a strategic overview of the Company's recent milestones and outline how these developments support Sky Quarry's broader growth plan. Topics will include:
<ul>
<li>Utah Permit Update: How the application moves Sky Quarry closer to commercializing its PR Spring site as part of a scalable waste-to-energy strategy</li>
<li>Strategic Partnerships: The role of non-binding letters of intent with Southwind RAS, Right Way Roofing, and R &amp; R Solutions in securing regional feedstock and siting modular units</li>
<li>Refinery Capacity Planning:&nbsp;How Sky Quarry's plans to increase throughput at the Foreland Refinery could strengthen regional fuel supply and unlock future revenue opportunities</li>
<li>Emerging Market Tailwinds:&nbsp;How tightening fuel supplies in California are creating strong demand signals for Sky Quarry's clean fuel strategy</li>
</ul>
The webinar will feature Sky Quarry executives David Sealock, Chairman and CEO, and Marcus Laun, EVP and Director, and will be moderated by Lloyd MacNeil, a partner at Troutman Pepper and a project finance attorney specializing in energy infrastructure.

News

SKYQ

Sky Quarry to Host Investor Webinar on June 26 to Detail Clean Fuel Plans and Shingle Recycling Progress

Century Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCS#NYSE">CCS</a>)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced the Company has returned to North Las Vegas with the debut of Bravado, a new gated community of single–family homes, now selling from the $400s.
&nbsp;
A Grand Opening event will take place on Saturday, June&nbsp;21 from 11&nbsp;a.m. to 1&nbsp;p.m. Attendees will be among the first to tour two professionally decorated model homes and explore floor plans with up to five bedrooms, smart home features and designer finishes.

Century Communities Launches New Gated Home Community in North Las Vegas Starting in the $400s

Standard Motor Products, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMP#NYSE">SMP</a>) is pleased to announce the opening of its new, state-of-the-art national distribution center in Shawnee, Kansas. The 575,000-square-foot facility was officially opened with a ribbon-cutting ceremony on Tuesday, June 17. Members of the Shawnee Chamber of Congress, City of Shawnee leaders and SMP leadership were in attendance.
&nbsp;
The Shawnee facility adds over 200,000 net square feet to SMP's distribution footprint and provides a centralized location to provide coverage across the United States, reducing transportation lead-time for improved service. This distribution center is equipped with the latest in logistics technology to enhance overall distribution capabilities and to deliver products promptly and reliably, better serving customers' increasing fulfillment needs. With this new facility, SMP will now operate a multi-point distribution strategy for high-volume, fast-moving SKUs. Shawnee is located less than five miles from the existing Edwardsville distribution center and allows SMP to retain existing associates and management team. SMP intends to exit the Edwardsville distribution center at the end of the year.&nbsp;&nbsp; &nbsp;

Standard Motor Products Opens New High-Tech Distribution Center in Kansas to Speed Up US Deliveries

Sysco Corporation announced today its collaboration with the MICHELIN Guide in California as the official wholesale food distributor for one of the world's most prestigious culinary events.
This partnership will be celebrated at the 2025 MICHELIN Guide California Ceremony in Sacramento on June 25 and will showcase Sysco's high-quality, premium products and culinary expertise.
The <a href="https://www.globenewswire.com/Tracker?data=6ipAfbpJafBrip2EMgvfU4yAwQdHCXtywzNaIi40Iysbbnqdgrhu1eGr1TC9YjsVm5HlEuetBRkgCl5FWqWTfshnNta7GrGb6jAHd1AM2nE=">MICHELIN Guide</a> is renowned for its coveted ratings and in-depth reviews of restaurants worldwide, representing the pinnacle of gastronomic achievement.

Sysco Teams Up with MICHELIN Guide as Official Food Distributor for Prestigious California Ceremony

Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva's integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe.
The latest milestone in this partnership includes a continued deployment with INFOCA, Andalusia's regional fire authority, and one of Europe's largest emergency response organizations. Through Technosylva's Wildfire Analyst&#x2122; and fiResponse&#x2122;platforms, powered in the field by Globalstar's SPOT satellite devices, firefighters gain real-time situational awareness, enhanced coordination, and life-saving connectivity even in the most remote and hazardous environments.
SPOT devices enable precise GPS tracking and emergency signaling, integrated directly into fiResponse. Firefighters can send instant location data with the touch of a button, supporting rapid dispatch of emergency teams – even in GSM-denied areas. These devices have been proven effective in live deployments across Spain, the U.S., Canada, and Latin America.
In Spain, INFOCA fast-tracked the deployment of SPOT Gen3 devices in 2020 during the COVID-19 pandemic to support first responder operations. By 2022, 550 devices had been deployed, while neighboring Castilla La Mancha has been using SPOT since 2015.

GSAT

Globalstar Expands Wildfire Tech Partnership to Boost Emergency Response Across Europe and the Americas

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), today announced that Experian, a global data and technology company, is embarking on the next phase of its cloud migration and has selected AWS as its preferred cloud. By leveraging AWS's advanced cloud capabilities, Experian can provide faster, more scalable solutions that empower clients with deeper insights and more secure data services.

AMZN

Amazon's AWS Chosen by Experian to Power Faster, Smarter, and More Secure Data Services

Bridgeline Digital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLIN#NASDAQ">BLIN</a>), a leader in AI-driven marketing technology, announced today that a national electrical distributor has chosen HawkSearch to power a unified AI search experience across more than 70 digital storefronts.
The electrical distributor integrates HawkSearch with Sitecore CMS and Salesforce Commerce Cloud to create a unified search that supports product discovery, content navigation, and event promotion. Unified search powered by AI ensures users find the most relevant results across all systems, from products to events, in a single experience.

BLIN

Bridgeline Lands Deal to Power AI Search Across 70 Online Stores for Electrical Distributor

With U.S. stock futures trading lower 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 Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) to report quarterly earnings at $3.32 per share on revenue of $17.30 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Accenture shares gained 0.7% to $308.49 in after-hours trading.</li>
<li>Analysts are expecting CarMax Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) to post earnings at $1.16 per share on revenue of $7.47 billion for the latest quarter. The company will release earnings before the markets open. CarMax shares rose 1% to $65.00 in the after-hours trading session.</li>
<li>APi Group Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APG#NYSE">APG</a>) will replace United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) in the S&amp;P MidCap 400 before the opening of trading on Tuesday, June 24. APi Group shares jumped 6.2% to $51.96 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Before the markets open, Darden Restaurants Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) is projected to report quarterly earnings at $2.97 per share on revenue of $3.26 billion. Darden shares slipped 0.1% to $222.50 in the after-hours trading session.</li>
<li>Analysts expect The Kroger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) to post quarterly earnings at $1.46 per share on revenue of $45.19 billion before the opening bell. Kroger shares fell 0.1% to $65.48 in the after-hours trading session.</li>
</ul>
Check This Out: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45993572/top-2-industrials-stocks-that-may-fall-off-a-cliff-in-q2">Top 2 Industrials Stocks That May Fall Off A Cliff In Q2</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Accenture, Kroger And 3 Stocks To Watch Heading Into Friday

Elon Musk says that his BCI company, Neuralink, will conduct the first human trial of its Blindsight brain implant within the next year.
What Happened: "In the next 6–12 months, we&#8217;ll be doing our first implants for vision, where even if somebody is completely blind, we can write directly to the visual cortex," the billionaire said in an interview with Y Combinator on Thursday.
He also outlined how the company has seen some results in Monkeys during its research. "One of our monkeys has had a visual implant for 3 years," adding that the vision through the implant would be fairly low resolution initially.
However, Musk was also quick to tout the implant's capability to let the recipient see multi-spectral wavelengths. "Long term, it'll be very high resolution and you'll be able to see multi-spectral wavelengths," he said before adding that people could see ultraviolet rays, infrared and even radar, "like a superpower situation."
Musk also added that cybernetic implants like Neuralink will be "augmenting human capabilities dramatically," while also enhancing human intelligence as well as senses.
Why It Matters: Musk's comments reiterate his previous claims of the company's Blindsight implant being able to restore vision in completely blind people. Neuralink would be conducting the <a href="https://www.benzinga.com/25/05/45538889/elon-musk-shares-major-neuralink-update-at-qatar-economic-forum">first-ever human trial</a> for the implant in the UAE next year.
Neuralink also recently added <a href="https://www.benzinga.com/markets/tech/25/06/46012959/elon-musks-neuralink-implants-brain-chip-in-6th-patient-enables-paralyzed-man-to-move-cursor-play-game-with-his-mind">a sixth recipient</a> of its BCI implant, who demonstrated that he could play a video game with his thoughts within a week of receiving the implant.
Interestingly, as Musk touts Neuralink, the BCI company raised over $650 million in Series E funding, with Cathie Wood&#8216;s investment firm ARK Invest among the investors, which led to the company boasting a current<a href="https://www.benzinga.com/general/health-care/25/05/45634160/elon-musks-neuralink-hits-9-billion-valuation-with-new-funding"> valuation of $9 billion</a>.
Check out more of Benzinga'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/25/04/45032464/man-suffering-from-als-becomes-the-first-ever-non-verbal-recipient-elon-musks-neuralink-brain-implant">Man Battling ALS Becomes First Non-Verbal Patient To Receive Elon Musk&#8217;s Neuralink Brain Implant</a></li>
</ul>
Photo courtesy: rafapress / Shutterstock.com

Tech

Elon Musk Says Neuralink's Blindsight Implant Will Help People See Radar, Infrared Like A 'Superpower' Ahead Of Human Trial Next Year

HIVE Digital Technologies Ltd. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/HIVE#TSXV">HIVE</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIVE#NASDAQ">HIVE</a>) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 11 Exahash per second (EH/s) of global Bitcoin mining hashrate, achieving an operational hashrate of 11.4 EH/s. This milestone marks the early and successful completion of Phase 1 (100 MW) of HIVE's Yguazú site in Paraguay - a pivotal step in its mission to scale to 25 EH/s by American Thanksgiving 2025.
Over the past five weeks, HIVE has steadily increased its installed hashrate by approximately 1 EH/s per week, reaching 11 EH/s last week. The Company has since grown to 11.5 EH/s and expects to maintain this level under typical operating conditions. As summer temperatures rise across HIVE's Canadian data centers, minor fluctuations in daily hashrate are expected as the Company optimizes ASIC performance for seasonal conditions.

HIVE

TSXV:HIVE

HIVE Digital Hits 11.4 EH/s in Bitcoin Mining After Early Completion of Paraguay Site Expansion

Regeneron Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) and Sanofi today announced that the U.S. Food and Drug Administration (FDA) has approved Dupixent&#xAE; (dupilumab) for the treatment of adult patients with bullous pemphigoid (BP).
BP primarily affects elderly patients, and is characterized by intense itch, painful blisters and lesions, as well as reddening of the skin. It can be chronic and relapsing with underlying type 2 inflammation. The blisters and rash can form over much of the body and cause the skin to bleed and break down, resulting in patients being more prone to infection and affecting their daily functioning. Available treatment options are limited and can add to overall disease burden by suppressing a patient's immune system.
"People affected by bullous pemphigoid endure unrelenting itch and painful blisters that can damage the skin. Until now, these primarily elderly patients have had limited therapeutic options available, with potential side effects that have often added to their burden," Patrick Dunn, Executive Director at the International Pemphigus and Pemphigoid Foundation. "The approval of Dupixent for bullous pemphigoid brings a novel treatment approach to patients and their caregivers, and we are grateful for the tireless efforts of the scientific community who helped us reach this critical milestone."
"Today's approval extends the remarkable ability of Dupixent to transform treatment paradigms for people living with a variety of diseases with underlying type 2 inflammation, from common conditions like asthma and atopic dermatitis, to rarer ones such as eosinophilic esophagitis and prurigo nodularis, and now including bullous pemphigoid," said George D. Yancopoulos, M.D., Ph.D., Board co-Chair, President and Chief Scientific Officer at Regeneron, and a principal inventor of Dupixent. "Dupixent has shown the potential to improve the most challenging effects of bullous pemphigoid, while helping some patients achieve sustained disease remission and decreased oral corticosteroid use. Additionally, this approval further reinforces the demonstrated safety profile of Dupixent in a broad age range of patients, from infants to elderly people, and across dermatological, respiratory and gastrointestinal diseases."
The FDA approval is based on data from the pivotal ADEPT Phase 2/3 trial that evaluated the efficacy and safety of Dupixent compared to placebo in adults with moderate-to-severe BP. Patients were randomized to receive Dupixent 300 mg (n=53) or placebo (n=53) added to standard-of-care oral corticosteroids (OCS). During treatment, all patients underwent a protocol-defined OCS tapering regimen if control of disease activity was maintained. During the FDA review, the analyses were updated; the FDA-approved results at 36 weeks in the label for Dupixent compared to placebo are:
<ul>
<li>18.3% of patients experienced sustained disease remission compared to 6.1% (12.2% difference; 95% confidence interval: -0.8% to 26.1%), the primary endpoint</li>
<li>38.3% of patients achieved clinically meaningful itch reduction compared to 10.5%</li>
<li>Median cumulative OCS dose was 2.8 grams compared to 4.1 grams &nbsp;</li>
</ul>
In this elderly population, the most common adverse events (≥2%) more frequently observed in patients on Dupixent compared to placebo were arthralgia, conjunctivitis, blurred vision, herpes viral infections and keratitis. Additionally, 1 case of acute generalized exanthematous pustulosis was reported in 1 patient treated with Dupixent and 0 patients treated with placebo.

Government

Regulations

REGN

Regeneron and Sanofi Win FDA Approval for Dupixent to Treat Painful Skin Disease in Elderly Patients

A widely followed cryptocurrency analyst on Thursday projected a 60% price move for Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) once it breaks free from a symmetrical triangle pattern.
What happened: Ali Martinez said the dog-themed cryptocurrency looks "prime" for a 60% move. He highlighted a symmetrical triangle chart formation, characterized by two converging trendlines. It typically indicates a period of consolidation in the market before a potential breakout or breakdown.
"All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend," he added
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> looks prime for a 60% price move! All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend. So go to <a href="https://twitter.com/coinexcom?ref_src=twsrc%5Etfw">@coinexcom</a>, sign up using my referral link <a href="https://t.co/73n8mWavUX">https://t.co/73n8mWavUX</a>, and join me in this trade! <a href="https://t.co/Im27DBuBka">pic.twitter.com/Im27DBuBka</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1935620101329625304?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
A cryptocurrency trader operating under the pseudonym BitGuru said DOGE exhibited a "clear downtrend structure," forming lower highs from $0.2547 to $0.2069.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> is showing a clear downtrend structure, consistently forming lower highs from $0.2547 to $0.2069. After every brief consolidation phase, the market continues its downward trajectory. <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> <a href="https://twitter.com/hashtag/TradingTips?src=hash&amp;ref_src=twsrc%5Etfw">#TradingTips</a> <a href="https://t.co/PPGdkCl9ZZ">pic.twitter.com/PPGdkCl9ZZ</a>
&mdash; BitGuru &#x1f536; (@bitgu_ru) <a href="https://twitter.com/bitgu_ru/status/1935698682738814982?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
That said, derivatives traders were still highly bullish on the coin. More than 75% of Binance traders with open DOGE positions were long as of this writing, <a href="https://www.coinglass.com/LongShortRatio">according</a> to Coinglass.
Meanwhile, the Commodity Channel Index, which measures the difference between the current price and the historical average price of an asset, signaled a "Buy" for DOGE, <a href="https://in.tradingview.com/symbols/DOGEUSDC/technicals/">according </a>to data from TradingView.&nbsp;
The Bull Bear Power indicator, however, flashed "Sell," indicating a balance between buyers and sellers in the market.
The world&#8217;s largest memecoin by market capitalization has retreated sharply from its May highs, <a href="https://www.benzinga.com/crypto/25/06/46018884/bitcoin-ethereum-dogecoin-rangebound-as-white-house-says-decision-on-iran-israel-conflict-in-two-weeks-analyst-says-this-is-the-right-combination-for-bullish-btc-momentum-to-retur">pressurized by ongoing geopolitical tensions</a>. 
Price Action:&nbsp; At the time of writing, DOGE was exchanging hands at $0.1682, down 2.20% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Photo Courtesy: alfernec on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45988475/us-military-action-on-iran-odds-rise-on-crypto-betting-site-polymarket-as-trump-demands-unconditional-surrender">US Military Action On Iran? Odds Rise On Crypto Betting Site Polymarket As Trump Demands &#8216;Unconditional Surrender&#8217;</a></li>
</ul>

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

Cryptocurrency

Markets

$DOGE

Dogecoin Could See A 60% Move If It Breaks Out Of This Range, Says Analyst  — But What Determines Its Direction?

Speaking to young founders at Y Combinator's AI Startup School in San Francisco earlier this week, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Elon Musk shared raw, humorous and insightful reflections on his early startup journey—and why rejection shaped his mission to build the future.
What Happened: In a fireside chat with Y Combinator CEO Garry Tan, Musk revisited his 1995 decision to drop out of Stanford University's PhD program and take a gamble on the internet—then a largely unknown frontier.
Musk admitted he initially didn't intend to start a company—he just wanted a job at Netscape, the leading browser company at the time.
&#8220;I sent my resume into Netscape and [Marc Andreessen] knows about this but I don&#8217;t think he ever saw my resume and then nobody responded,&#8221; he said, adding, &#8220;So, I&#8217;m like man, this is ridiculous, so I&#8217;ll just write software myself and see how it goes.&#8221; 
See Also:&nbsp;<a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report" target="_blank" rel="noreferrer noopener">Ex-OpenAI Chief Scientist Ilya Sutskever's AI Startup Valued At $30 Billion In Latest Funding Round: Report</a>
That "see what happens" mindset led to Zip2, Musk's first startup. With no money for rent, he and his co-founder slept in the office and showered at the YMCA. He once also drilled a hole through the floor to access the ISP downstairs.
Though <a href="https://www.benzinga.com/startups/24/11/41703199/when-elon-musk-sold-his-first-company-he-had-a-choice-a-house-or-a-mclaren-f1-heres-how-his-choice-t">Zip2 sold for $300 million</a>, Musk said a key mistake was ceding too much control to investors who didn't understand the internet.
Another lesson that can be derived from his life story is that, rather than doing otherwise, he "kept the chips on the table." Musk put nearly all of his Zip2 money, which Musk said was $20 million, into X.com.
The billionaire said he wanted to build tech without limitations and go directly to consumers.
Musk also noted that today's AI startup valuations are "eye-watering", and while some may succeed, the hype is intense. He sees AI as a potential civilization-scale economic revolution—but also a tsunami compared to the &#8220;trash on the beach&#8221; of current political issues.
He said that politics is all noise, while engineering demands truth. He's now focused again on technology, his &#8220;main quest,&#8221; after what he called a "side quest" of dealing with bureaucracy and fraud in DC.
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.
<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">Elon Musk (<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a>) on digital superintelligence, multiplanetary life, and how to be useful this week at AI Startup School. <a href="https://t.co/CDEoFKAzQI">pic.twitter.com/CDEoFKAzQI</a>
&mdash; Y Combinator (@ycombinator) <a href="https://twitter.com/ycombinator/status/1935795261126889944?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It's Important: Musk currently has a net worth of $366 billion, according to Bloomberg's Billionaire <a href="https://www.bloomberg.com/billionaires/profiles/elon-r-musk/">Index</a>.
According to Tesla's 2024 proxy statement, Musk holds roughly a 13% stake in the company. The EV giant has a market cap of $1.037 trillion.
Musk's space venture, SpaceX, meanwhile, is valued at <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">nearly $350 billion</a> based on a tender offer from December 2024.
In March, Musk's AI venture, xAI, took over his social media platform X, formerly Twitter, through an all-stock transaction <a href="https://www.benzinga.com/tech/25/03/44549314/elon-musk-acquires-his-own-social-media-platform-x-through-xai-in-33-billion-deal-says-combined-entity-now-worth-80-billion">valued at $33 billion</a>.
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>.
Photo Courtesy: Frederic Legrand &#8211; COMEO on Shutterstock.com
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPad Turns 15 Today: Here&#8217;s A Throwback To When Steve Jobs Explained Called It The ‘Third Category&#8217; After Phones And Notebooks</a></li>
</ul>
Disclaimer:&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.

TSLA

Before The Mars Dream And Multi-Billion Dollar Ventures, Elon Musk Just Wanted A Job At Netscape—Here's What He Told The AI Generation About That

Commercial Metals Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) will release earnings results for the third quarter, before the <a href="https://www.benzinga.com/quote/CMC/earnings">opening bell on Monday, June 23.</a>
Analysts expect the Irving, Texas-based company to report quarterly earnings at 84 cents per share, down from $1.02 per share in the year-ago period. Commercial Metals projects to report quarterly revenue of $2.04 billion, compared to $2.08 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 20, Commercial Metals reported second-quarter 2025 results on Thursday, with net sales down 5.1% year-over-year to $1.754 billion, broadly in line with the analyst expectations of $1.746 billion.
Commercial Metals shares rose 0.2% to close at $49.04 on Wednesday.
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/CMC/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Wolfe Research analyst Timna Tanners upgraded the stock from Peer Perform to Outperform on May 27, 2025. This analyst has an accuracy rate of 67%.</li>
<li>UBS analyst Curt Woodworth maintained a Neutral rating and cut the price target from $54 to $49 on March 24, 2025. This analyst has an accuracy rate of 66%.</li>
<li>Morgan Stanley analyst Piyush Sood maintained an Equal-Weight rating and slashed the price target from $56 to $53 on March 7, 2025. This analyst has an accuracy rate of 73%.</li>
<li>Jefferies analyst Seth Rosenfeld maintained a Buy rating and cut the price target from $65 to $62 on Jan. 6, 2025. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying CMC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/CMC/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="571" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-1024x571.png" alt="" class="wp-image-955538" style="width:649px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-1024x571.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-768x428.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300.png 1115w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45993572/top-2-industrials-stocks-that-may-fall-off-a-cliff-in-q2">Top 2 Industrials Stocks That May Fall Off A Cliff In Q2</a> </li>
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Photo via Shutterstock

Earnings

Price Target

Analyst Ratings

Trading Ideas

Top Wall Street Forecasters Revamp Commercial Metals Expectations Ahead Of Q3 Earnings

Telegram founder Pavel Durov says he will divide his roughly $17 billion fortune among more than 100 children he has fathered, but they will have to wait three decades to claim it.
What Happened: Durov, 40, <a href="https://www.lepoint.fr/high-tech-internet/exclusive-pavel-durov-on-his-arrest-in-france-macron-russia-the-fbi-and-the-fight-for-telegram-19-06-2025-2592412_47.php#11">told</a> Le Point he recently drafted a will stipulating that biological or sperm-donated &#8220;they will all have the same rights," yet none will see any cash until 2055 so they can "build themselves up alone."
The messaging-app billionaire said he has six children with three partners and at least 100 more conceived through anonymous sperm donations in 12 countries, a tally confirmed by the clinic he has used for 15 years.
Based on his Bloomberg-<a href="https://www.bloomberg.com/billionaires/profiles/pavel-durov/">indexed</a> wealth, each heir could inherit about $131 million if today's figure holds. "I want them to live like normal people … not be dependent on a bank account," Durov said, adding the delay should prevent "tearing each other apart after my death."
The Russian-born entrepreneur maintains a strict regimen. 300 push-ups, 300 squats daily, no alcohol, caffeine or sugar, highlighting what he calls a self-reliant philosophy. He also brushed off <a href="https://www.benzinga.com/news/24/09/40893281/telegram-ceo-pavel-durov-faces-10-year-sentence-and-500k-fine-in-frances-first-cybercrime-case-under">French criminal charges</a> alleging Telegram enables child-abuse content and drug trafficking, calling the accusations "absurd."
See also: <a href="https://www.benzinga.com/news/health-care/25/06/46019567/mark-cuban-says-were-he-to-become-president-for-a-day-he-would-make-these-two-simple-moves-to-overhaul-us-healthcare">Mark Cuban Says Were He To Become President For A Day, He Would Make These Two Simple Moves To Overhaul US Healthcare</a>
Why It Matters: Telegram, which boasts more than 900 million users, raised fresh capital this spring as investors bet on its premium subscriber push, a strategy analysts say could lift valuations ahead of a <a href="https://www.benzinga.com/news/24/09/40669018/telegrams-financial-health-in-question-a-roadblock-to-30b-ipo">long-discussed IPO</a>. Still, Durov warned that defending privacy creates enemies &#8220;within powerful states&#8221;, one reason he finalized his estate plan now.
The revelation thrusts Durov into a rare club of ultra-rich planning multigenerational legacies. Warren Buffett, for one, plans to <a href="https://www.benzinga.com/startups/24/11/41866296/with-warren-buffett-donating-99-of-his-fortune-whats-left-for-his-three-children-well-its-complicated?">give away 99%</a> of his Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) fortune through a charitable trust his three children must jointly administer, continuing annual stock gifts that have already exceeded half his original holdings and could distribute more than $10 billion a year after his death.
Bill Gates likewise limits each heir to <a href="https://www.benzinga.com/personal-finance/24/07/40015377/bill-gates-children-will-only-inherit-10-million-0-0077-of-his-net-worth-leaving-kids-massive-am">about $10 million</a>, plans to sunset the Gates Foundation by 2045 after roughly $200 billion in total giving, and argues great wealth "should benefit society, not children who did nothing to earn it."
Photo Courtesy: Thrive Studios on Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/46019450/elon-musk-says-tesla-works-closely-with-xai-you-can-either-be-a-spectator">Elon Musk Says Tesla Works Closely With xAI: &#8216;You Can Either Be A Spectator…&#8217;</a>

Pavel Durov's 100-Plus Children Won't See A Cent Of His Fortune Until 2055, Here's What The Telegram CEO Plans To Do With His Estate

A Houston hospital has performed the U.S.'s first fully robotic heart transplant, offering new hope for patients with advanced heart failure.
What Happened: On March 15, surgeons at Baylor St. Luke's Medical Center in Houston successfully performed a fully robotic heart transplant on Tony Rosales Ibarra, a 45-year-old man from Lufkin, Texas.
Suffering from end-stage heart failure, Rosales Ibarra agreed to the innovative procedure in hopes of improving his recovery and saving his life.
"I told the doctors, ‘Do what you've got to do to save me. No restrictions. I want to live,'" he <a href="https://www.houstonchronicle.com/health/article/baylor-st-lukes-robotic-heart-transplant-20381449.php">told</a> the Houston Chronicle.
Cardiothoracic surgeon Dr Kenneth Liao led the operation, which avoided the traditional method of cutting through the breastbone.
See also:&nbsp;<a href="https://www.benzinga.com/tech/25/04/44969594/jeff-bezos-final-ceo-letter-isnt-just-about-amazon-it-was-a-clarion-call-for-resisting-normality-the-world-wants-you-to-be-typicaldont-let-it-ha" target="_blank" rel="noreferrer noopener">Jeff Bezos' Final CEO Letter Isn't Just About Amazon — It Is A Clarion Call For Resisting Normality: ‘The World Wants You To Be Typical…Don't Let It Happen'</a>
Instead, the team used a surgical robot to make a five-inch incision above the patient's belly button and completed the transplant through the abdomen, reducing recovery time and risk of complications.
"If we can stay away from the breastbone, that's a huge advantage," said Dr Liao, the report added.
Rosales Ibarra, who spent months hospitalized before the transplant, was discharged in April and is now recovering well at home.
Why It's Important: While <a href="https://www.benzinga.com/partner/biotech/24/05/38961684/technology-is-enabling-remote-work-in-more-and-more-fields-could-surgery-be-next-surgical-robot-m">robotic tools</a> have been used in cardiac surgery before, this is the first time a full heart transplant was completed robotically in the country, said the company in a press release.
Earlier this year, Elon Musk predicted that <a href="https://www.benzinga.com/25/04/45031447/elon-musk-says-the-best-human-surgeons-have-just-five-years-before-robots-overtake-them-reveals-instance-when-neuralink-had-to-use-a-robot-for-task-impossible-for-a-human">robots will surpass</a> average human surgeons within a few years and the best ones within five. Citing Neuralink's experience, he noted that inserting brain-computer interface electrodes requires robotic precision beyond human capability.
Neuralink's R1 robot, now used in human trials, inserts 64 ultra-thin threads into the brain in 15 minutes with micron-level accuracy.
Previously, Bill Gates has also shared his belief that robots with highly skilled "hands" will soon <a href="https://www.benzinga.com/tech/25/04/44857520/bill-gates-says-his-kids-and-grandkids-will-live-in-a-very-changed-world-as-ai-puts-an-end-to-shortage-of-teachers-and-doctors">become a common presence</a> in hospitals. He expressed confidence that his children and grandchildren will grow up in a dramatically transformed world.
Photo Courtesy: Dmitry Markov152 on Shutterstock.com
Read next:
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<li><a href="https://www.benzinga.com/25/04/45030694/openai-ceo-sam-altman-says-gpt-4o-personality-tweaks-made-it-annoying-fixes-coming-this-week" target="_blank" rel="noreferrer noopener">Sam Altman Admits ChatGPT New Upgrade Made It Too Sycophantic And Annoying: OpenAI CEO Says ‘Working On Fixes ASAP'</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.

Health Care

Media

Houston Hospital Makes History With Nation's First Fully Robotic Heart Transplant On Patient Who Said 'Do What You've Got To Do To Save Me'

Paolo Ardoino, CEO of stablecoin issuer Tether&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), said Thursday that the company has no plans to go public, despite Circle Internet Financial&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) success on Wall Street.
What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino cited the company&#8217;s profitability and conservative management as key reasons behind the decision.
&#8220;We are not interested to go public, especially given the fact that the company is very profitable, and this year we think we could beat last year profits, then you know why going public,&#8221; Ardoino said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The CEO of Tether believes the business is worth $2 Trillion. $2,000,000,000,000 That number may sound crazy, but Tether is the most profitable company per employee in human history. I sat down with CEO <a href="https://twitter.com/paoloardoino?ref_src=twsrc%5Etfw">@paoloardoino</a> to discuss regulation, emerging markets, the Circle IPO,… <a href="https://t.co/XxGdBbAdU7">pic.twitter.com/XxGdBbAdU7</a>
&mdash; Anthony Pompliano &#x1f32a; (@APompliano) <a href="https://twitter.com/APompliano/status/1935839987506786544?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The CEO added that they are not seeking &#8220;cheap capital,&#8221; which he believed is a primary reason why companies want to go public.
&#8220;We are very conservative in the way we manage the company. We don&#8217;t have dozens of employees,&#8221; Ardoino went on to say. &#8220;We have lean operations. We are reinvesting most of what we earn in safe assets like gold and bitcoin. So we don&#8217;t need access to capital.&#8221;
&#8220;We don&#8217;t want to live quarter by quarter trying to please a couple of analysts from JP Morgan,&#8221; he added.
Ardoino also acknowledged the blockbuster listing of Circle, the company that issues the world&#8217;s second-largest stablecoin USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). He believed Tether would be worth $2 trillion with the same multiplier that Circle has.
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/45995223/genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum" target="_blank" rel="noreferrer noopener">GENIUS Stablecoin Bill Clears Senate But Trump's Crypto Profits Loom Over Momentum</a>
Why It Matters: Ardoino&#8217;s remarks come as the stablecoin industry is experiencing significant momentum, with the Senate recently passing a legislation that establishes the America&#8217;s first <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45972264/senate-advances-stablecoin-bill-a-defining-moment-for-crypto-market-regulation">regulatory framework for dollar-pegged cryptocurrency.</a>
The sector also s<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45999427/circle-internet-group-crcl-stock-soars-on-landmark-stablecoin-legislation">aw the bumper debut of Circle on Wall Street</a>, and the stock has exploded 543% from its IPO price
Notably, Tether<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42956569/tether-to-relocate-headquarters-to-el-salvador"> relocated its operations</a> to El Salvador earlier this year, a move prompted by the country&#8217;s crypto-friendly policies and adoption of digital assets. The firm reported annual profits of over <a href="https://tether.io/news/tether-hits-13-billion-profits-for-2024-and-all-time-highs-in-u-s-treasury-holdings-usdt-circulation-and-reserve-buffer-in-q4-2024-attestation/#:~:text=Building%20on%20the%20extraordinary%20performance,net%20profits%20exceeding%20%2413%20billion.">$13 billion</a> in 2024.
Price Action:&nbsp; Shares of Circle closed 33.8% higher at $199.59 during Wednesday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
CRCL exhibited a low value score—a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures— as of this writing. Check out&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>&nbsp;to filter out the best performers on this metric.
<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="438" height="191" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299.png" alt="" class="wp-image-955435" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299.png 438w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299-300x131.png 300w" sizes="(max-width: 438px) 100vw, 438px" /></a></figure>
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Photo Courtesy: DIAMOND VISUALS on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Fintech news covering the emerging Financial Technology services sector

Fintech

$USDC

$USDT

CRCL

USDT

Circle's Blockbuster Success Aside, Tether CEO Doesn't Want To Go Public: 'Not Trying To Please' Couple Of JPMorgan Analysts

Billionaire entrepreneur and Cost Plus Drugs founder Mark Cuban believes that these two changes could dramatically improve the U.S. healthcare system.
What Happened: On Thursday, Cuban responded to a question about what two changes he would make to fix the U.S. healthcare system, if he had full power for one day as president.
Instead of just giving two, he outlined several bold policy ideas targeting one major issue: prescription drug pricing and healthcare payment systems.
He proposed separating formularies from pharmacy benefit managers (PBMs) and any companies they own. "They removed their leverage," Cuban said, implying that PBMs have too much control over pricing and access.
See Also:&nbsp;<a href="https://in.benzinga.com/personal-finance/25/02/43423692/mark-cuban-predicts-the-worlds-first-trillionaire-wont-be-elon-musk-itll-be-whoever-can-master-ai-in-ways-we-never-thought-of" target="_blank" rel="noreferrer noopener">Mark Cuban Predicts The World's First Trillionaire Won't Be Elon Musk – It'll Be Whoever Can Master Ai ‘In Ways We Never Thought Of'</a>
The billionaire also suggested a rule that would force Medicare Advantage and Part D plans to buy from any provider offering a lower price than what patients currently pay out of pocket.
Beyond those two ideas, Cuban added more potential reforms: requiring providers to honor publicly listed cash prices, banning specialty drug pricing tiers and making provider CEOs personally liable in cases of billing fraud.
&#8220;Put together a financing plan for all healthcare out-of-pocket costs, held by the provider, guaranteed by the Feds. And personally guaranteed against fraud by provider CEOs (to end provider fraud),&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">2/Remove specialty tiers. There is nothing special about the drugs Require all claims be anonymously shared with manufacturers so they can focus on adherence and eliminate claim double dipping Eliminate CoPay maximizes/minimizers Eliminate Generic Compliance ratios.…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1935842629939527989?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
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Why It's Important: Cuban&#8217;s Cost Plus Drug Company, <a href="https://www.benzinga.com/personal-finance/25/02/43435413/mark-cubans-cost-plus-marketplace-now-sells-over-6000-medicines-saving-customers-between-40-60-by-cutting-out-the-middle-man">launched in 2022</a>, has quickly grown by offering transparent pricing and cutting out middlemen to lower prescription drug costs.
Its Cost Plus Marketplace, introduced in February 2024, started with over 4,000 medicines—mainly those in short supply—and has since expanded to over 6,000, supporting healthcare providers nationwide.
Earlier, Elon Musk criticized the <a href="https://www.benzinga.com/personal-finance/25/03/44178175/elon-musk-wants-to-know-why-healthcare-costs-so-much-mark-cuban-gives-him-7-brutal-reasons-why-ceos-like-him-are-making-it-worse">high cost of U.S. healthcare</a>, questioning the lack of value for the money spent. In response, Cuban responded by blaming not just the government but also CEOs of self-insured companies for signing contracts with PBMs that drive up drug prices.
Photo Courtesy: Kathy Hutchins on Shutterstock.com
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44219627/mark-cuban-dismisses-commerce-secretary-howard-lutnicks-trade-war-optimism-someone-needs-to-explain-how-capitalism-works" target="_blank" rel="noreferrer noopener">Mark Cuban Dismisses Commerce Secretary Howard Lutnick's Trade War Optimism: ‘Someone Needs To Explain…How Capitalism Works'</a></li>
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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.

Mark Cuban Says Were He To Become President For A Day, He Would Make These Two Simple Moves To Overhaul US Healthcare

Social media platform X, formerly known as Twitter, is planning to roll out features that allow users to trade and invest directly from the app, according to CEO Linda Yaccarino.
What Happened: On Thursday, in an <a href="https://www.ft.com/content/3615dfe2-f739-44f7-9823-a8acce6c0380">interview</a> with the Financial Times, Yaccarino unveiled the company&#8217;s roadmap, which includes everything from peer-to-peer payments and tipping to buying and trading stocks, and even X-branded credit and debit cards by the end of this year.
&#8220;You'll be able to come to X and be able to transact your whole financial life on the platform,&#8221; Yaccarino said at the Cannes Lions advertising festival this week.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46019223/elon-musks-x-faces-scrutiny-by-european-watchdogs-after-33-billion-acquisition-by-xai-platform-could-face-fine-ban-in-the-eu">Elon Musk&#8217;s X Faces Scrutiny By European Watchdogs After $33 Billion Acquisition By xAI — Platform Could Face Fine, Ban In The EU</a>
Yaccarino believes that given the platform&#8217;s massive user base, &#8220;a whole commerce ecosystem and a financial ecosystem is going to emerge,&#8221; which does not exist today.
This comes at a rather precarious time for the company, which has bled advertising dollars and clashed with marketers over content safety in recent months. 
When asked about the company threatening brands with lawsuits for not advertising on X, Yaccarino dismissed it as &#8220;hearsay,&#8221; adding that it was all from &#8220;unnamed sources, and random third-party commenters.&#8221;
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: X will soon launch investing and trading directly within the app, per FT. "You'll be able to come to X and be able to transact your whole financial life on the platform," X CEO <a href="https://twitter.com/lindayaX?ref_src=twsrc%5Etfw">@lindayaX</a> says. X is the future of finance. <a href="https://t.co/oRE3WvmR0C">pic.twitter.com/oRE3WvmR0C</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1935678354281349179?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
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Why It Matters: This expansion of X into financial services is expected to intensify pressure on incumbents such as Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), SoFi Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), and Block Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) Cash App.
Payments strategist Dwayne Gefferie sees a familiar pattern playing out. Just like &#8220;the auto industry waited on Tesla and aerospace waited on SpaceX,&#8221; he says, today's payment giants are standing still while Musk takes the lead with X Money.
&#8220;They'll wait to see if X Money succeeds, and when it does work, they'll scramble to react,&#8221; he says, adding that the real question is &#8220;why no one else in payments is taking this kind of risk.&#8221;
Early this month, xAI, which owns X, <a href="https://www.benzinga.com/news/social-media/25/06/45738963/elon-musks-xai-targets-113-billion-valuation-with-300-million-share-sale-report">targeted a valuation</a> of $113 billion while pursuing a $300 million share sale. In March, the transaction involving xAI&#8217;s acquisition of X, pegged the social media platform&#8217;s valuation at $33 billion, falling short of the $44 billion that Musk paid for it in 2022.
Price Action: Robinhood shares were up 4.54% on Thursday, trading at $78.35, and are up 0.28% after hours.
<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="146" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-1024x146.png" alt="" class="wp-image-955421" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-1024x146.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM.png 1526w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Shares of Robinhood Markets show strong Growth and Momentum, while having a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights on the stock, and how it compares with competitors such as Sofi. 
Photo Courtesy: Mamun_Sheikh on Shutterstock.com
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</ul>

Financing

HOOD

SOFI

Elon Musk's X Plans To Launch In-App Stock Trading To Challenge Robinhood, SoFi — CEO Says You'll 'Whole Financial Life' Could Be On The Platform

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk says that the EV giant is working closely with the billionaire's AI venture xAI, which works on the AI model Grok.
What Happened: "Tesla works closely with xAI," Musk said at an interview with Y Combinator on Thursday. The billionaire also highlighted the increasing number of humanoid robot startups currently working on robotics.
"Part of what I have been fighting and what has slowed me down a little bit is that I don't want to make Terminator real," Musk said before adding that he had been dragging his feet on AI. However, he also outlined that Robotics is continuing to grow today.
"I sort of came to the realization that it&#8217;s happening whether I do it or not. So you can either be a spectator or a participant. I&#8217;d rather be a participant," he said. Musk also shared that it's "pedal to the metal" for him and his companies on AI and humanoid robotics.
Why It Matters: The comments from Musk come in as xAI faces scrutiny over its <a href="https://www.benzinga.com/markets/tech/25/06/46019223/elon-musks-x-faces-scrutiny-by-european-watchdogs-after-33-billion-acquisition-by-xai-platform-could-face-fine-ban-in-the-eu">$33 billion acquisition</a> of social media platform X, formerly Twitter, from authorities in the EU. The platform could also be banned in the region.
Musk has been a vocal advocate for humanoid robots, stating that the technology will <a href="https://www.benzinga.com/news/topics/25/05/45710538/elon-musk-says-humanoid-robots-will-start-impacting-countries-gdps-in-4-to-5-years-robot-cars-even-sooner-in-just-1-to-2-years" target="_blank" rel="noopener">impact countries' GDPs</a> within the next 4 to 5 years.
Elsewhere, Tesla is gearing up to launch its highly anticipated Robotaxi in <a href="https://www.benzinga.com/markets/tech/25/06/45854273/elon-musks-tesla-officially-named-av-operator-in-austin-ahead-of-robotaxi-launch">Austin on June 22</a>. However, some Texas lawmakers have urged Musk&#8217;s company to <a href="https://www.benzinga.com/markets/tech/25/06/46010756/texas-lawmakers-urge-elon-musks-tesla-to-delay-june-22-robotaxi-launch-till-september-report">delay the launch</a>, citing changes to regulations that will take effect from September 2025.
<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="202" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20003239/tsla-jun-20-2025-1024x202.jpg" alt="" class="wp-image-955410" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20003239/tsla-jun-20-2025-1024x202.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20003239/tsla-jun-20-2025-300x59.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20003239/tsla-jun-20-2025-768x152.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20003239/tsla-jun-20-2025-1536x303.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20003239/tsla-jun-20-2025.jpg 1566w" 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>
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Photo courtesy: JRdes / Shutterstock.com

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