Dernières nouvelles pour CFSB Bancorp (NASDAQ:CFSB) Stock

CFSB Bancorp

CFSB Bancorp Inc provides banking services. It offers a variety of financial services to individuals and small businesses through its offices in Quincy, Holbrook, and Weymouth. Its primary deposit products are savings, checking, and term certificate accounts, and its primary lending product is residential mortgage loans.The Company's loan portfolio includes residential real estate, commercial real estate, construction, and consumer loan segments. Residential real estate loans include classes for one- to four-family, multi-family, second mortgages and home equity lines of credit.

CFSB Bancorp Inc

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News

UPDATE: Toronto-Dominion Bank Q2 GAAP Revenue $15.98B Up From $10.19B YoY

Chinese EV giant BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) has launched its best-selling all-electric hatchback Seagull's updated version in Europe.
What Happened: The EV hatchback, dubbed Dolphin Surf for the European Market, comes with a sticker price of 23,000 Euros or over $26,000, the company revealed on Wednesday. The EV will be available in three different trim levels, with the standard version offering a range of 137 miles while the long-range version boasts a range of 315 miles on a single charge.
BYD is offering a discount on the standard version of the Dolphin Surf until June, retailing for 19,990 or just under $23,000. The EV comes standard with BYD's Advanced Driver Assistance Systems. There is also a four-seater version in the pipeline.
The BYD Seagull is the company's best-selling model in China, appearing in the upper echelons of the domestic sales charts, trailing only behind rival Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model Y. 
Why It Matters: The news comes in as BYD continues to expand its presence in the region. Recently, reports in the media showcased the company's manufacturing facility <a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">taking shape in Hungary</a>. The facility can produce up to 200,000 EVs annually.
The company also <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">revamped its European strategy</a> as it grappled with slower-than-expected growth in the region. BYD hired executives well-versed in the European market, as well as expanding dealer networks.
Interestingly, BYD's shift in Europe comes as rival Elon Musk's Tesla is experiencing a slump in the region with <a href="https://www.benzinga.com/markets/25/05/45220631/tesla-new-car-sales-hit-2-year-low-in-uk-germany-as-european-woes-continue">declining sales </a>in several European markets like Germany, Spain and the UK. Musk's EV giant's market share is now at 2% in Europe, declining from 2.9% last year.&nbsp;
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45513708/tesla-new-vehicle-registrations-surge-in-china-gary-black-says-it-should-provide-investors-some-relief">Tesla New Vehicle Registrations Surge In China, Gary Black Says It Should Provide Investors Some Relief</a></li>
</ul>
Photo by Cobalt S-Elino via Shutterstock

Markets

BYDDY

TSLA

BYD's Europe Pivot In Full Swing With New $26,000 Affordable EV Amid Tesla Sales Slump

House Passes Trump Tax Bill; Bill Goes To Senate

Titan Machinery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) affirms FY2026 Adj EPS guidance from $(2.00)-$(1.25) to $(2.00)-$(1.25) vs $(1.80) analyst estimate..

Guidance

TITN

Titan Machinery Affirms FY2026 Adj EPS Guidance of $(2.00)-$(1.25) vs $(1.80) Est

Google&#8217;s latest AI model is wowing the internet with near-realistic video generation—but for now, it's locked behind an expensive subscription.
What Happened: At its annual developer conference earlier this week, Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google unveiled Veo 3, an upgrade to its AI video generation tool.
The new model doesn't just create high-resolution, cinematic videos—it now adds realistic audio, including sound effects, ambient noise and even spoken dialogue, bringing AI creations eerily close to real life.
See Also: <a href="https://www.benzinga.com/tech/25/05/45558772/google-and-character-ai-sued-after-teen-dies-following-interaction-with-game-of-thrones-themed-chatbot-judge-says-free-speech-defense-not-acceptable">Google And Character.AI Sued After Teen Dies Following Interaction With &#8216;Game Of Thrones&#8217;-Themed Chatbot — Judge Says Free Speech Defense Not Acceptable</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Say goodbye to the silent era of video generation: Introducing Veo 3 — with native audio generation. &#x1f5e3;&#xFE0F; Quality is up from Veo 2, and now you can add dialogue between characters, sound effects and background noise. Veo 3 is available now in the <a href="https://twitter.com/GeminiApp?ref_src=twsrc%5Etfw">@GeminiApp</a> for Google AI Ultra… <a href="https://t.co/7rcXeBslyU">pic.twitter.com/7rcXeBslyU</a>
&mdash; Google (@Google) <a href="https://twitter.com/Google/status/1924893837295546851?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
It is important to note that OpenAI's Sora doesn't include an audio feature. The same goes for other tools like Runway ML Gen-4, Meta Platforms, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) MovieGen, Pika Labs and Stability AI's Stable Video 4D 2.0 — none of them offer audio support either.
Shortly after the announcement, the internet exploded with clips made using Veo 3, leaving many viewers wondering whether what they were seeing was AI or reality.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Some viral examples include:
A user-generated video imagining Greek philosopher Pythagoras explaining the Pythagorean theorem in ancient Greece.
<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">&quot;Pythagoras explaining his theorem, in ancient Greece&quot; Video and audio generated by Veo 3 natively. <a href="https://t.co/vR1gbrLYYj">pic.twitter.com/vR1gbrLYYj</a>
&mdash; Pietro Schirano (@skirano) <a href="https://twitter.com/skirano/status/1924957061969834382?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
A fictional AI-generated stand-up set by a virtual comedian, which surprised users by actually being funny.
<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">Less than 24 hours ago, Google dropped Veo 3, blurring the line between reality and AI. Its video and audio quality is so lifelike, it's unsettling. Here are 20 insane examples &amp; a full guide on how to use it: 1) A standup comedian telling a joke:<a href="https://t.co/gLdpRX0TmC">pic.twitter.com/gLdpRX0TmC</a>
&mdash; Mark Gadala-Maria (@markgadala) <a href="https://twitter.com/markgadala/status/1925184405212917914?ref_src=twsrc%5Etfw">May 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The 100 men vs. a gorilla at a rave prompt brought to life with chaotic energy and hyperrealism.
<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">Did someone say 100 men vs a gorilla at a rave dance off? <a href="https://twitter.com/hashtag/veo3?src=hash&amp;ref_src=twsrc%5Etfw">#veo3</a> <a href="https://t.co/CDBmIo0TIG">pic.twitter.com/CDBmIo0TIG</a>
&mdash; Ruben Villegas (@RubenEVillegas) <a href="https://twitter.com/RubenEVillegas/status/1924916992806359090?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another user posted a video captioned, "Imagine if AI characters became aware they were living in a simulation."
<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">I did more tests with Google&#39;s <a href="https://twitter.com/hashtag/Veo3?src=hash&amp;ref_src=twsrc%5Etfw">#Veo3</a>. Imagine if AI characters became aware they were living in a simulation! <a href="https://t.co/nhbrNQMtqv">pic.twitter.com/nhbrNQMtqv</a>
&mdash; Hashem Al-Ghaili (@HashemGhaili) <a href="https://twitter.com/HashemGhaili/status/1925332319604257203?ref_src=twsrc%5Etfw">May 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It's Important: Despite the buzz, most people can't access Veo 3. Currently, it's available only in the U.S. through Gemini Advanced (Ultra Tier) — a $249/month subscription and Vertex AI, Google's enterprise platform.
Alphabet has a growth score of 88.76%, according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares with other companies</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/22062557/Screenshot-2025-05-22-at-11.55.12%E2%80%AFAM-1.png" alt="" class="wp-image-924130" /></a></figure>
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage&#8217; As China&#8217;s Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Tech

General

GOOG

GOOGL

The Internet Is Blown Away By Google's Cinematic AI Video Generator Veo 3 — But Good Luck Trying To Use It: Here Are Some Wild Examples Of The Magic This Model Can Create

VIGL

Trading Halt: Halt status updated at 6:55:00 AM ET: Quotation Resumption: News and Resumption Times

ANI Pharmaceuticals, Inc. (ANI or the Company) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anip#NASDAQ">ANIP</a>) today announced the initiation of a Phase 4 clinical trial at Massachusetts General Hospital to compare the safety and efficacy of two dose levels (40 USP
ANI Pharmaceuticals, Inc. (ANI or the Company) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIP#NASDAQ">ANIP</a>) today announced the initiation of a Phase 4 clinical trial at Massachusetts General Hospital to compare the safety and efficacy of two dose levels (40 USP units and 80 USP units) of Purified Cortrophin Gel (repository corticotropin injection USP) (Cortrophin Gel) for the treatment of acute gout flares. Cortrophin Gel is indicated for short-term administration as an adjunctive therapy during an acute episode or exacerbation in acute gouty arthritis. Cortrophin Gel is contraindicated for intravenous administration. For additional important safety information, please see below.
"Gout is a chronic disease that affects millions of patients, including acute flares that can cause extreme pain and temporary disability," said Hyon Choi, MD, DrPH, principal investigator of the study and clinical investigator and physician in the Rheumatology Unit at Mass General Research Institute/Massachusetts General Hospital (MGH). "For some patients, conventional anti-inflammatory treatments do not provide adequate relief from these flares. We look forward to initiating this dose-ranging study, which we believe will provide valuable scientific information about Cortrophin Gel in the treatment of acute gout flares."
Dr. Choi has been a leading physician investigator with a primary focus on gout and other inflammatory arthritic conditions throughout his academic career. He has authored more than 150 gout-related peer-reviewed papers in leading journals, and his findings have been referenced by many articles as well as guidelines from the European League Against Rheumatism (EULAR) and the American College of Rheumatology (ACR). Dr. Choi directs the MGH Gout &amp; Crystal Arthropathy Center and co-directs the Gout, Hyperuricemia and Crystal-Associated Disease Network (G-CAN), a non-profit organization dedicated to creating research and education initiatives to fill the knowledge gap in gout.
"This Phase 4 study in gout is the first clinical trial launched by ANI as part of our commitment to building the scientific evidence and clinical data supporting the use of Cortrophin Gel," said Mary Pao, MD, PhD, Chief Medical Officer of Rare Disease at ANI. "Our goal with the study is to generate meaningful clinical information for the dosing of Cortrophin Gel in patients with acute gout flares by comparing the safety and efficacy of two dose levels of the product. We believe this study will provide physicians with more data to inform their approach to patient care."
"We have seen steady growth in the use of Cortrophin Gel as an adjunctive therapy for gout flares since we launched our 1-mL vial, which we developed to help increase access for in-office treatment, in October 2023," said Nikhil Lalwani, President and Chief Executive Officer at ANI. "We believe our new Phase 4 study will provide valuable insights for patients and healthcare providers and further strengthen the profile of Cortrophin Gel in this indication."

Small Cap

ANIP

ANI Pharma Launches Phase 4 Trial to Test Cortrophin Gel Dosing for Gout Flares at Massachusetts General Hospital

BJ's Wholesale Club Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) affirms FY2025 Adj EPS guidance from $4.10-$4.30 to $4.10-$4.30 vs $4.24 analyst estimate..

BJ's Wholesale Club Hldgs Affirms FY2025 Adj EPS Guidance of $4.10-$4.30 vs $4.24 Est, Projects Capital Expenditures Of Approximately $800M

Thermon Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THR#NYSE">THR</a>) is looking for FY2026 GAAP EPS of $1.35-$1.57 vs $1.70 analyst estimate..

Thermon Group Holdings Sees FY2026 GAAP EPS $1.35-$1.57 vs $1.70 Est

Thermon Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THR#NYSE">THR</a>) is looking for FY2026 Adj EPS of $1.77-$1.99 vs $2.02 analyst estimate. sees sales of $495.000 million-$535.000 million vs $536.88 million analyst estimate.

Thermon Group Holdings Sees FY2026 Adj EPS $1.77-$1.99 vs $2.02 Est; Sees Sales $495.000M-$535.000M vs $536.88M Est

BJ's Wholesale Club Says Q1 Comparable Club Sales Increased By 1.6% YoY

Thermon Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THR#NYSE">THR</a>) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.51 by 9.8 percent. This is a 64.71 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $134.08 million which beat the analyst consensus estimate of $133.64 million by 0.33 percent. This is a 5.03 percent increase over sales of $127.65 million the same period last year.

Thermon Group Holdings Q4 Adj. EPS $0.56 Beats $0.51 Estimate, Sales $134.08M Beat $133.64M Estimate

CSW Industrials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSWI#NASDAQ">CSWI</a>) reported quarterly earnings of $2.24 per share which beat the analyst consensus estimate of $2.22 by 0.9 percent. This is a 9.8 percent increase over earnings of $2.04 per share from the same period last year. The company reported quarterly sales of $230.55 million which missed the analyst consensus estimate of $232.82 million by 0.97 percent. This is a 9.34 percent increase over sales of $210.86 million the same period last year.

CSWI

CSW Industrials Q4 Adj. EPS $2.24 Beats $2.22 Estimate, Sales $230.55M Miss $232.82M Estimate

Titan Machinery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) reported quarterly losses of $(0.58) per share which beat the analyst consensus estimate of $(0.91) by 36.26 percent. This is a 241.46 percent decrease over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $594.30 million which beat the analyst consensus estimate of $446.27 million by 33.17 percent. This is a 5.47 percent decrease over sales of $628.70 million the same period last year.

Titan Machinery Q1 EPS $(0.58) Beats $(0.91) Estimate, Sales $594.30M Beat $446.27M Estimate

On Wednesday, May 21, U.S. markets closed lower as rising Treasury yields alarmed investors, driven by fears that Trump&#8217;s tax cuts could swell the national debt. All major indexes posted their worst losses in a month. Real estate, healthcare, and tech-led the decline. Weak bond demand and concerns over budget cuts added pressure, while Alphabet rose but Tesla and Apple slipped.
In economic data, U.S. mortgage applications fell by 5.1% for the week ending May 16, marking a drop in activity compared to the previous week.
Most S&amp;P 500 sectors fell, led by real estate, healthcare, and financials, while communication services ended higher.
The Dow fell 1.91% to 41,860.44, the S&amp;P 500 dropped 1.61% to 5,844.61, and the Nasdaq slipped 1.41% to 18,872.64.
Asia Markets Today
<ul class="wp-block-list">
<li>On Thursday, Japan&#8217;s Nikkei 225 closed 0.92% lower at 36,955.00, led by losses in the Paper &amp; Pulp, Transport and Communication sectors.</li>
<li>Australia&#8217;s S&amp;P/ASX 200 declined 0.45%, ending the session at 8,348.70, led by losses in the IT, Energy, and Consumer Discretionary sectors.</li>
<li>India&#8217;s Nifty 50 was down 0.83% at 24,605.10, and Nifty 500 fell 0.59% to 22,596.75.</li>
<li>China&#8217;s Shanghai Composite was down 0.22% at 3,380.19, and Shanghai Shenzhen CSI 300 slid 0.06% to 3,913.87.</li>
<li>Hong Kong&#8217;s Hang Seng closed the session 1.19% lower at 23,544.31.</li>
</ul>
Eurozone at 05:45 AM ET
<ul class="wp-block-list">
<li>The European STOXX 50 index was down 0.97%.</li>
<li>Germany&#8217;s DAX index declined 0.79%.</li>
<li>France&#8217;s CAC 40 fell 1.03%.</li>
<li>U.K.&#8217;s FTSE 100 index traded lower by 0.73%.</li>
</ul>
Commodities at 05:45 AM ET
<ul class="wp-block-list">
<li>Crude Oil WTI was trading lower by 1.40% at $60.71/bbl, and Brent was down 1.40% at $64.00/bbl.</li>
<li>Oil prices fell as OPEC+ considered a July output hike, raising oversupply fears. U.S. crude inventories unexpectedly rose, adding pressure amid weak demand and rising Treasury yields.</li>
<li>Natural Gas declined 1.01% to $3.334.</li>
<li>Gold was trading lower by 0.12% at $3,309.20, Silver was down 0.79% to $33.380, and Copper fell 1,15% to $4.6183.</li>
</ul>
U.S. Futures at 05:45 AM ET
Dow futures were down 0.10%, S&amp;P 500 futures gained 0.09%, and Nasdaq 100 futures rose 0.18%.
Forex at 05:45 AM ET
<ul class="wp-block-list">
<li>The U.S. Dollar Index gained 0.19% to 99.78, USD/JPY was down 0.20% to 143.40, and USD/AUD rose 0.18% to 1.5563.</li>
<li>The U.S. dollar inched higher but remained under pressure as Trump&#8217;s tax bill advanced, raising debt concerns.</li>
</ul>
Photo via Shutterstock

Asia

Emerging Markets

Eurozone

Futures

Commodities

Forex

ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Asia And Europe Markets Slide, Crude Oil Drops On OPEC+ Output Risk - Global Markets Today While US Slept

BJ's Wholesale Club (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.92 by 23.91 percent. This is a 34.12 percent increase over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $5.15 billion which missed the analyst consensus estimate of $5.20 billion by 0.81 percent. This is a 4.76 percent increase over sales of $4.92 billion the same period last year.

BJ's Wholesale Club Q1 Adj. EPS $1.14 Beats $0.92 Estimate, Sales $5.15B Miss $5.20B Estimate

The Department of Government Efficiency (DOGE) initiative has assigned a review team to examine operations at the National Transportation Safety Board (NTSB), marking another expansion of DOGE&#8217;s oversight into independent federal agencies amid mounting transportation safety concerns.
What Happened: The NTSB confirmed Wednesday that a DOGE team has been assigned to review its operations, <a href="https://www.reuters.com/en/doge-team-assigned-review-national-transportation-safety-board-operations-2025-05-21/">according </a>to Reuters.
This follows DOGE&#8217;s pattern of reviewing independent agencies and recent attempts to examine legislative branch entities.
Earlier this month, the White House dismissed three Democratic commissioners from the Consumer Product Safety Commission after DOGE team visits. The fired commissioners filed suit Wednesday challenging their dismissals.
NTSB Chair Jennifer Homendy told reporters in March that the agency had avoided personnel losses from government job cuts and remained exempt from DOGE&#8217;s buyout offers.
In an April 14 congressional letter, Homendy said the Trump administration recognized the NTSB&#8217;s critical role. The 400-employee agency submitted a reorganization plan eliminating 14 positions through attrition.
The review comes as aviation safety incidents surge. The January 29 mid-air collision between an American Airlines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) regional jet and an Army helicopter killed 67 people, prompting multiple NTSB investigations.
The agency typically handles over 2,000 investigations annually, including recent train derailments and the 2024 Baltimore Key Bridge collapse.
See Also: <a href="https://www.benzinga.com/25/05/45559653/steve-jobs-once-invited-marc-benioff-to-his-office-with-two-ipads-in-2010-the-lesson-that-shaped-a-270-billion-salesforce-empire">Steve Jobs Once Invited Marc Benioff To His Office With 2 iPads In 2010: The Lesson That Shaped A $270 Billion Salesforce Empire</a> Why It Matters: Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates has criticized Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Musk&#8217;s $2 trillion budget cut push, warning of <a href="https://www.benzinga.com/25/05/45345966/bill-gates-criticizes-elon-musk-over-usaid-cuts-demonizing-aid-workers-is-deeply-unfair-warns-against-undermining-global-health-efforts">&#8220;millions of deaths&#8221;</a> from halting foreign aid programs. Gates called Musk&#8217;s efficiency claims unrealistic for such massive reductions.
DOGE teams are reviewing leases, staffing, and contracts across smaller agencies as part of sweeping government overhaul efforts. However, transportation safety oversight faces increased scrutiny following recent incidents.
Senate Minority Leader Chuck Schumer raised concerns about <a href="https://www.benzinga.com/25/05/45486040/chuck-schumer-raises-concerns-over-trump-and-doge-impact-on-us-coast-guard-after-mexican-ship-collides-with-brooklyn-bridge-we-know-theyve-been-meddling">DOGE&#8217;s impact on Coast Guard operations</a> after a Mexican naval vessel collision with the Brooklyn Bridge killed two crew members. Schumer cited Trump&#8217;s removal of Admiral Linda Fagan as Coast Guard Commandant, leaving the position vacant, and hiring freezes affecting water traffic control staffing.
The NTSB&#8217;s independence in investigating transportation accidents remains crucial as safety incidents increase across aviation, maritime, and rail sectors. Any operational changes could impact the agency&#8217;s ability to conduct thorough safety investigations that inform regulatory decisions affecting publicly traded transportation companies.
Read Also:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45559631/trump-administration-attempts-to-block-release-of-doge-records-in-an-appeal-to-supreme-court">Trump Admin Urges Supreme Court To Block Watchdog From Accessing Elon Musk&#8217;s DOGE Records</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

MSFT

Trump's DOGE Assigns Review Team To Examine NTSB Amid Firings And Safety Oversight Concerns

Personal-finance guru Dave Ramsey dismissed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) investors as &#8220;stupid,&#8221; adding, &#8220;you're gonna lose your money&#8221; during a February 2014 radio show, when the cryptocurrency closed at $549.26 per coin.
Eleven years later, Bitcoin set a <a href="https://www.benzinga.com/25/05/45557202/nvidia-founder-jensen-huang-surpassed-by-satoshi-nakamoto-in-personal-wealth-as-bitcoin-tops-111000">fresh record</a> above $111,000 on Thursday, May 22, 2025, after U.S. regulatory gains and heavy exchange-traded-fund inflows lifted demand.
What Happened: Bitcoin's overnight break of the psychologically important <a href="https://www.benzinga.com/25/05/45556607/bitcoin-clocks-110000-ethereum-dogecoin-extend-gains-experienced-trader-peter-brandt-speculates-btc-to-enter-this-range-by-august-end">$110,000 level</a> pushed the token to as high as $111,861 before noon in New York, eclipsing the $109,241 mark set on Donald Trump's inauguration day.
Real-time data show 24-hour trading volume swelling more than 75 percent to roughly $92 billion, signaling surging speculative interest. The milestone was a catalyst that vaulted pseudonymous Bitcoin creator Satoshi Nakamoto past Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) chief Jensen Huang on the Bloomberg billionaire index.
See also: <a href="https://www.benzinga.com/government/regulations/25/05/45557042/unicoin-ceo-alex-konanykhin-calls-sec-fraud-charges-blatantly-false-vows-to-fight-in-court">Unicoin CEO Alex Konanykhin Calls SEC Fraud Charges &#8216;Blatantly False,&#8217; Vows To Fight In Court</a>
The Math: A listener ignoring Ramsey's warning and plowing $1,000 into Bitcoin at the Feb. 28, 2014, close would have bought 1.82 BTC.
At today's intraday high of $111,000, that stake is worth about $202,000 — a 20,100% gain and a 202-fold return on capital.
For the sake of comparison, the price of Gold Futures on Feb. 28, 2014, according to Yahoo Finance data, was $1,331.60 per ounce. Fast-forward to May 22, and Gold Futures are valued at $3,329.10 at the time of writing. That amounts to an increase of 150% over time.
Price Action: At the time of writing, BTC was exchanging hands at $110,664.40. up 0.97% in the last 24 hours, <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">according to data from Benzinga Pro</a>.
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Photo Courtesy: Yalcin Sonat on Shutterstock.com

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