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Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>) is the largest global data center and colocation provider for enterprise network and cloud computing.
It will report its Q2 2025 earnings on Aug. 6. Wall Street analysts expect the company to post EPS of $9.21, down from $9.22 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $2.26 billion, up from $2.16 billion a year earlier.
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The 52-week range of Equinix stock price was $701.41 to $994.03.
Equinix's dividend yield is 2.12%. It paid $18.76 per share in dividends during the last 12 months.
<h2 class="wp-block-heading">The Latest On Equinix</h2>
The company on April 30 announced its Q1 2025 earnings, posting FFO of $9.67, compared to the consensus estimate of $9.09, and revenues of $2.23 billion, compared to the consensus of $2.22 billion, as reported by <a href="https://www.benzinga.com/news/earnings/25/04/45116616/equinix-q1-ffo-9-67-beats-9-09-estimate-sales-2-23b-beat-2-22b-estimate">Benzinga</a>.
&#8220;We delivered a strong start to the year, exceeding our expectations for both bookings and financial performance,&#8221; said CEO Adaire Fox-Martin. &#8220;Demand for our digital infrastructure and services remains robust. This, together with a healthy balance sheet and customer momentum across a full breadth of geographies, industries, segments, and products, reaffirms our confidence in our strategy and ability to create even greater value."
Check out this <a href="https://www.benzinga.com/insights/analyst-ratings/25/06/45844576/forecasting-the-future-11-analyst-projections-for-equinix">article by Benzinga</a> for 11 analysts' insights on Equinix stock.
Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://benzingapartners.go2cloud.org/aff_c?offer_id=584&amp;aff_id=1">Become an Investor in This $41.3M Clean Energy Brand Today</a>
<h2 class="wp-block-heading">How Can You Earn $100 Per Month As An Equinix Investor?</h2>
If you want to make $100 per month — $1,200 annually — from Equinix dividends, your investment value needs to be approximately $56,604, which is around 64 shares at $882.88 each.&nbsp;
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (2.12% in this case). So, $1,200 / 0.0212 = $56,604 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=benzinga&amp;utm_campaign=ben&amp;utm_content=y2_5MilNestEgg">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Equinix stock an attractive option for making a steady income of $100 per month by owning 64 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Equinix has raised its dividend consecutively for the last 10 years.&nbsp;
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Many people aspire to become millionaires. Having a seven-figure net worth makes it easier to cover various expenses and live on a nest egg.&nbsp;
However, real estate investor and billionaire Grant Cardone recently criticized this aspiration and believes people should <a href="https://www.tiktok.com/@grantcardone/video/7517632713671724302?lang=en">set bigger goals</a>.
"It's a lazy dream," Cardone said in a recent TikTok.
After making the statement, he explained the pitfall of striving to be a millionaire and what you should do instead.&nbsp;
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<h2 class="wp-block-heading">$1 Million Is Not Enough</h2>
It takes a lot of work to become a millionaire. You have to diligently save money and boost your income for several years before you reach the milestone. Some people think they can retire with $1 million portfolios once they get to retirement age, but that's a risky proposition.
Cardone believes that $1 million isn't enough. He also believes you should be earning $400,000 per year to support your family. He's not shy to share hot takes, but he's on point about $1 million not being enough.
What happens if you incur an expensive medical bill? Those bills are a big reason why people file for bankruptcy. You also risk having to sell your assets during a sharp correction to buy necessities, further reducing your nest egg.&nbsp;
If you retire with $1 million and realize you have to rejoin the workforce in a few years, it may be more difficult to earn the type of money you were making before retirement. It may also take a while to get a job or a meaningful side hustle if you're trying to rejoin the workforce.
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<h2 class="wp-block-heading">7-Figure Poverty Mindset</h2>
Yes, you can have a poverty mindset even if you have a seven-figure portfolio. Cardone mentioned that he read the book "The Millionaire Next Door." The smash hit has more than 15,000 Amazon reviews and continues to perform well to this day, but Cardone was concerned about some of the trends in that book.
For instance, he mentioned that people profiled in the book brewed their own coffee and bought used trucks to save money. He said that these were examples of millionaires acting on a scarcity mindset and trying to get more mileage out of every dollar they had.
Some millionaires do everything to preserve their wealth and scrutinize every line item in their budgets and credit card statements. It's better to know your expenses than it is to not know what's happening, but people with seven-figure poverty mindsets may take it too far.
Cardone then explained that the most successful people on the planet buy whatever they want. These individuals do not operate on a scarcity mindset because their goals expand far beyond just wanting to become a millionaire.
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<h2 class="wp-block-heading">Put Your Attention Back On Income</h2>
Cardone wraps up the video by urging people to put their attention back on their income. He cited expansion and risk-taking as the key items that lead to affluence.&nbsp;
If you grow your income, you will become a millionaire faster. More importantly, you will look for new ways to grow. Life and its possibilities expand as you boost your income instead of focusing exclusively on minimizing your expenses.
Cardone also criticized a strong focus on budgeting. It's great to know your expenses, but he refers to budgeting as adding and subtracting. He then mentions that true wealth is created with division and multiplication. For instance, portfolios compound through multiplication, while you can get rid of a small $10 monthly subscription via subtraction.
Prioritizing income growth over cost reduction makes it possible to achieve goals that are far more ambitious than just becoming a millionaire.&nbsp;
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Regency Centers Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REG#NASDAQ">REG</a>) is a real estate investment trust that owns, operates, and develops high-quality, grocery-anchored shopping centers.
It is set to report its Q2 2025 earnings on July 31. Wall Street analysts expect the company to post EPS of $1.12, up from $1.06 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $366.35 million, up from $357.25 million a year earlier.
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<h2 class="wp-block-heading">If You Bought Regency Centers Stock 10 Years Ago</h2>
The company's stock traded at approximately $61.23 per share 10 years ago. If you had invested $10,000, you could have bought roughly 163 shares. Currently, shares trade at $71.65, meaning your investment's value could have grown to $11,702 from stock price appreciation alone. However, Regency Centers also paid dividends during these 10 years.&nbsp;
Regency Centers' dividend yield is currently 3.96%. Over the last 10 years, it has paid about $26.33 in dividends per share, which means you could have made $4,300 from dividends alone.&nbsp;
Summing up $11,702 and $4,300, we end up with the final value of your investment, which is $16,002. This is how much you could have made if you had invested $10,000 in Regency Centers stock 10 years ago. This means a total return of 60.02%. However, this figure is significantly less than the S&amp;P 500 total return for the same period, which was 237.20%.
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<h2 class="wp-block-heading">What Could The Next 10 Years Bring?&nbsp;</h2>
Regency Centers has a consensus rating of "Buy" and a price target of $74.62 based on the ratings of 22 analysts. The price target implies a more than 4% potential upside from the current stock price.
The company on April 29 announced its Q1 2025 earnings, posting FFO of $1.15, compared to the consensus estimate of $1.13, and revenues of $380.91 million, compared to the consensus of $371.93 million, as reported by <a href="https://www.benzinga.com/news/earnings/25/04/45083598/regency-centers-q1-ffo-1-15-beats-1-13-estimate-sales-380-91m-beat-371-93m-estimate">Benzinga</a>.
"We are pleased with another great quarter of operating results, highlighted by strong Same Property NOI and earnings growth," said CEO Lisa Palmer. "We continue to experience robust operating fundamentals at our shopping centers, amplified by the commencement of our leasing pipeline and accretion from our investments platform. And importantly, we are well-positioned to drive continued growth and to thrive throughout economic cycles."
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For its full-year 2025, the company expects Nareit Funds From Operations per diluted share in the range of $4.52 to $4.58.
Given just 4% expected upside potential, growth-focused investors may not find Regency Centers stock attractive. Conversely, the stock can be a good option for income-focused investors, who can benefit from the company's solid dividend yield of 3.96% and consistent hikes. Regency Centers has raised its dividend consecutively for the last 11 years.
Check out this <a href="https://www.benzinga.com/markets/25/06/46023272/why-caretrust-merck-and-allete-are-winners-for-passive-income">article by Benzinga</a> for three more stocks offering high dividend yields.
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With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects TD SYNNEX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) to report quarterly earnings at $2.72 per share on revenue of $14.32 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. TD SYNNEX shares gained 0.9% to $128.70 in after-hours trading.</li>
<li>Analysts are expecting Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) to post earnings at 24 cents per share on revenue of $6.21 billion for the latest quarter. The company will release earnings before the markets open. Carnival shares rose 1.5% to $24.40 in the after-hours trading session.</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) posted better-than-expected earnings for the second quarter after the closing bell on Monday. KB Home expects full-year 2025 housing revenue to be in the range of $6.3 billion to $6.5 billion, down from prior guidance of $6.6 billion to $7 billion. The company anticipates 2025 average selling prices of $480,000 to $490,000. KB Home shares fell 1.3% to $52.61 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, Worthington Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) is projected to post quarterly earnings at 84 cents per share on revenue of $301.44 million. Worthington shares gained 3.6% to $61.30 in the after-hours trading session.</li>
<li>Analysts expect FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) to post quarterly earnings at $5.87 per share on revenue of $21.84 billion after the closing bell. FedEx shares rose 0.3% to $229.88 in the after-hours trading session.</li>
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Rhode Island lawmakers want to balance next year's budget with a pair of real-estate levies that critics have nicknamed the "Taylor Swift tax," citing the pop star's $17 million Watch Hill mansion as an example of who would pay.
What Happened: According to a <a href="https://turnto10.com/news/local/rhode-island-realtors-sound-the-alarm-on-proposed-taylor-swift-tax-conveyance-tax-budget-housing-market-selling-home-not-occupied-homeowners-june-16-2025">report</a> by NBC 10 News, the House plan would slap a new surcharge on second or seasonal homes valued above $1 million and raise the statewide conveyance tax that sellers pay at closing by 63%.
Owners of non-primary residences left vacant for more than six months a year would owe an extra $2.50 per $500 of assessed value over the first $1 million. A $2.5 million beach house, for instance, would incur roughly $7,500 annually. Swift's 11,000-square-foot estate could face about $136,000 a year. Supporters say the fee could generate tens of millions for affordable-housing programs and dissuade owners from letting luxury properties stand empty.
The Rhode Island Association of Realtors calls both measures detrimental to a market already squeezed by record prices and 30-year mortgage rates near 7%. &#8220;Please, don&#8217;t take from our housing market at the moment to balance the budget for other items, it&#8217;s going to be detrimental,&#8221; association president Chris Whitten told NBC 10.
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Why It Matters: Taylor Swift paid $17.75 million a decade ago for her 11,000-square-foot Watch Hill mansion, now slated for a <a href="https://www.benzinga.com/real-estate/25/01/43219095/taylor-swift-plans-to-expand-rhode-island-mansion-to-make-it-her-permanent-residence-with-travis-kelce-heres-a-look-at-her-portfolio">400-square-foot expansion</a>, but the Rhode Island estate is only one piece of a <a href="https://www.benzinga.com/real-estate/24/04/38335961/how-real-estate-helped-taylor-swift-become-a-billionaire">sprawling portfolio</a>. The billionaire singer also owns two Nashville properties, four neighboring homes in Manhattan's Tribeca district, and a 10,000-square-foot Beverly Hills residence once owned by film mogul Samuel Goldwyn.
Music, not side businesses, built Swift's $1.6 billion fortune. Her 149-show <a href="https://www.benzinga.com/general/entertainment/24/12/42393880/taylor-swifts-record-breaking-eras-tour-wraps-a-look-at-the-numbers">Eras Tour</a> grossed roughly $2 billion, paid her up to $13 million per night, and spawned a $261 million concert film plus lucrative merchandising lines that drew fans even without tickets.
Swift's financial sharpness runs in the family. Her father, Scott Swift, a former Merrill Lynch adviser, moved his wealth-management practice to Tennessee to support her early career.
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'Taylor Swift Tax' Targets Rhode Island Real Estate Owners With More Closing Taxes And Penalties If They Leave Seasonal Homes Vacant

Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) is gearing up for its next big product reveal, officially confirming its summer Unpacked event for July 9 in Brooklyn, with a teaser that hints at a major foldable launch.
What Happened: The invitation released on Monday, featuring the phrase "Ultra Unfolds," strongly suggests the debut of a high-end foldable device—likely the rumored Galaxy Z Fold 6 Ultra.
The wording and accompanying visual hints point to a thinner, sleeker design, aligning with the latest industry trends toward more pocket-friendly foldables, <a href="https://www.theverge.com/news/691662/samsung-unpacked-july-ultra-foldable">according</a> to The Verge.
The event kicks off at 10 a.m. ET and will be livestreamed on Samsung's official YouTube channel for global audiences.
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>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Invitation for Galaxy Unpacked July 2025 &#x7C; Samsung" width="500" height="281" src="https://www.youtube.com/embed/5X7lUY5-ASE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
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Why It&#8217;s Important: As part of its promotional push, Samsung is offering a $50 credit on Samsung.com to customers who reserve a device ahead of the event.
While the exact devices remain unconfirmed, the preorder bonus likely applies to the upcoming foldables, including the anticipated Galaxy Z Fold 6 and possibly a new Flip model.
<a href="https://www.benzinga.com/25/05/45366293/samsung-unveils-ultra-thin-galaxy-s25-edge-in-surprise-launch-amid-slowing-demand-and-tariff-uncertainty-apple-reportedly-plans-to-catch-up-in-september">Samsung launched the ultra-slim</a> Galaxy S25 Edge in March, just four months after the rest of the S25 series. The 5.8 mm-thin, 163-gram smartphone features a 6.7-inch display, a 200MP main camera, a 12MP ultra-wide lens with autofocus and advanced AI capabilities.
At the time, analysts suggested that the early release may be a strategic move to outpace Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rumored iPhone 17 Air, expected in September.
Apple led <a href="https://www.benzinga.com/news/global/25/04/44796659/apple-tops-global-smartphone-sales-with-19-share-boosted-by-iphone-16e-emerging-market-growth">global smartphone sales in the first quarter</a> with a 19% market share, driven by the iPhone 16e launch and growth in emerging markets, according to Counterpoint Research.
Samsung followed closely with 18%, boosted by its S25 and new A-series models. Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) ranked third, with Vivo and OPPO taking fourth and fifth places, respectively.
Benzinga's Edge Stock Rankings show a consistent decline in Apple's performance across short, medium and long-term timeframes. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More detailed performance insights are available 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/2025/06/24014748/Screenshot-2025-06-24-at-6.57.46%E2%80%AFAM-1.png" alt="" class="wp-image-959058" /></a></figure>
Photo Courtesy: Sybillla on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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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.

Tech

AAPL

SSNLF

XIACF

Samsung Confirms July 9 Unpacked Event With 'Ultra Unfolds' Teaser — Galaxy Z Fold 6 Ultra Launch Imminent?

The National Highway Traffic Safety Administration, or NHTSA, said it was looking into possible violations of traffic laws involving Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxis in Austin during <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">Sunday's limited launch event</a>.
What Happened: The regulator said it was gathering additional information about the incidents from Tesla and is aware of the possible traffic law violations, Bloomberg reported on Monday.
Videos on social media have surfaced showing a Robotaxi violating some traffic rules. A video posted by influencer Sawyer Merritt on X showed the Robotaxi driving at 35 miles per hour, exceeding the 30-mile-per-hour speed limit indicated by a sign on the road.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Here is my experience in one of the first public nighttime <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a> Robotaxi rides. It was smooth, comfortable and just as good as it is during the daytime. <a href="https://t.co/7bDvVaWf3A">pic.twitter.com/7bDvVaWf3A</a>
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1936997202880081950?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another video showcases a Robotaxi driving into the wrong lane before it initiates corrective action to get back into the correct lane and continue driving on.
<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=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a>&#39;s self-driving robotaxis appeared to violate traffic laws during the company's first day offering paid rides on Sunday. One customer captured footage of a left turn gone wrong. More via <a href="https://twitter.com/business?ref_src=twsrc%5Etfw">@business</a>: <a href="https://t.co/V4phAzaRvx">https://t.co/V4phAzaRvx</a> <a href="https://t.co/WRmHyEtC2o">pic.twitter.com/WRmHyEtC2o</a>
&mdash; Yahoo Finance (@YahooFinance) <a href="https://twitter.com/YahooFinance/status/1937329832674890211?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Tesla did not immediately respond to <a href="http://pro.benzinga.com">Benzinga's</a> request for comment
Why It Matters: The news comes in as Tesla was <a href="https://www.benzinga.com/markets/tech/25/06/46041090/tesla-faces-safety-questions-from-regulators-ahead-of-robotaxi-launch-in-austin">already under the scrutiny</a> of the regulatory agency, which was reviewing the company's responses to questions about the FSD or Full Self-Driving technology's performance in poor weather conditions.
However, Tesla sought to keep the <a href="https://www.benzinga.com/markets/tech/25/06/46066530/tesla-wants-to-keep-its-texas-self-driving-data-private-amid-austin-robotaxi-launch-report">responses to the inquiry private</a>, citing fears that the responses contained confidential information, which the automaker's competitors could use to improve their own proprietary self-driving tech or advance driver assistance systems.
Elsewhere, despite the concerns raised, the company reiterated the FSD system's capabilities sharing that the technology <a href="https://www.benzinga.com/markets/tech/25/06/46048103/teslas-robotaxi-rollout-sparks-expansion-buzz-elon-musks-company-says-fsd-can-be-deployed-anywhere-after-austin-launch">can be deployed anywhere</a> it's been approved after the launch event in Austin.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-1024x200.jpg" alt="" class="wp-image-959033" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-1024x200.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-768x150.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-1536x300.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1.jpg 1559w" sizes="(max-width: 1024px) 100vw, 1024px" /></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: Shutterstock

TSLA

Tesla Robotaxi Faces NHTSA Scrutiny Over Traffic Violations During Austin Launch

President Donald Trump posted on Truth Social on Tuesday, writing, &#8220;The ceasefire is now in effect. Please do not violate it!&#8221; The complete capitalized message at 1:08 AM EST followed his Monday announcement of a &#8220;complete and total ceasefire&#8221; between Israel and Iran.
What Happened: U.S. <a href="https://www.benzinga.com/news/25/06/46066239/dow-futures-jump-over-200-points-as-trump-announces-ceasefire-but-iran-says-no-agreement-crude-plunges">futures rallied sharply</a> after Monday&#8217;s initial ceasefire declaration. Dow futures jumped over 200 points to 43,136, up 0.55%, while S&amp;P 500 futures gained 0.58% to 6,112.50 and Nasdaq futures climbed 0.88% to 22,256.
Trump&#8217;s latest post reinforces his Monday <a href="https://www.benzinga.com/news/politics/25/06/46065102/trump-says-there-is-a-ceasefire-between-isreal-and-iran">statement outlining a phased ceasefire timeline</a>. He said Iran would initiate a 12-hour ceasefire six hours after his announcement, followed by Israel 12 hours later, effectively ending what he termed &#8220;The 12-day war.&#8221;
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="741" height="201" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24020833/image-344.png" alt="" class="wp-image-959072" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24020833/image-344.png 741w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24020833/image-344-300x81.png 300w" sizes="(max-width: 741px) 100vw, 741px" /></figure>
Iran&#8217;s Foreign Minister Syed Abbas Araghchi <a href="https://www.benzinga.com/news/25/06/46066239/dow-futures-jump-over-200-points-as-trump-announces-ceasefire-but-iran-says-no-agreement-crude-plunges">disputed ceasefire claims on X</a>, stating &#8220;there is NO &#8216;agreement&#8217; on any ceasefire.&#8221; However, Araghchi indicated Iran would halt operations if Israel stops its &#8220;illegal aggression&#8221; by 4 AM Tehran time.
See Also: <a href="https://www.benzinga.com/crypto/25/06/46066069/bitcoin-tops-106000-ethereum-dogecoin-surge-as-trump-announces-iran-israel-ceasefire-analyst-sees-23-6-btc-spike-if-this-happens">Bitcoin Tops $106,000; Ethereum, Dogecoin Surge As Trump Announces Iran-Israel Ceasefire — Analyst Sees 23.6% BTC Spike If This Happens</a>
Why It Matters: The declarations follow escalating tensions after U.S. B-2 bombers struck <a href="https://www.benzinga.com/markets/equities/25/06/46045651/northrop-grumman-jumps-5-overnight-as-b-2-bombers-return-to-missouri-after-36-hour-iran-strike-trump-says-job-well-done">three Iranian nuclear facilities Saturday</a> in a 36-hour mission. Seven bombers from Northrop Grumman Corp. targeted Fordow, Natanz and Isfahan sites. 
Oil markets reacted dramatically to ceasefire prospects. Brent crude fell 12.83% from last week&#8217;s $78.74 peak to $68.63 per barrel. Energy ETFs declined significantly, with United States Oil Fund LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) dropping 11.0% and SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOP#NYSE">XOP</a>) falling 5.69%.
China&#8217;s United Nations envoy Fu Cong condemned the strikes at an emergency Security Council meeting, warning of &#8220;spiraling escalation&#8221; in the Middle East. China, Russia and Pakistan proposed a draft resolution <a href="https://www.benzinga.com/news/events/25/06/46046039/china-slams-us-at-un-over-iran-nuclear-strikes-warns-of-spiraling-escalation-in-middle-east-demands-immediate-ceasefire">demanding immediate ceasefire</a>. 
On Sunday, the State Department <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad">issued worldwide travel advisories for U.S. citizens</a>, with Ben Gurion Airport closed and assisted departure flights operating from Israel.
Read Next: 
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46066361/us-iran-nuclear-deal-in-2025-crypto-bettors-on-polymarket-see-strong-chance-after-trumps-ceasefire-announcement">US-Iran Nuclear Deal In 2025? Crypto Bettors On Polymarket See Strong Chance After Trump&#8217;s Ceasefire Announcement</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.
Photo courtesy: Shutterstock

Politics

Trump Declares Israel–Iran Ceasefire 'Now In Effect' As China Warns Of 'Spiraling Escalation' At UN

Analyst Adam Parker, the founder of Trivariate Research, is reversing course on his earlier bearish outlook on U.S. corporate earnings, saying that fears around tariffs and inflation may have been overblown.
What Happened: On Monday, Parker admitted to being a little &#8220;too harsh&#8221; while slashing his corporate earnings estimates for the year, way back in April. In an interview with CNBC&#8217;s Closing Bell, Parker says that his initial reaction was to lower his &#8220;estimates by a lot,&#8221; with the notion that &#8220;this tariff stuff&#8217;s going to be bad.&#8221;
&#8220;But I took a look over the last couple [of] days and said, maybe I was too harsh,&#8221; he says, pointing to the resilience shown by the largest U.S. companies, noting that the top 50 names account for half of the market&#8217;s gross profits, and tend to hold up well in the face of inflationary pressures.
&#8220;The big 50 companies were kind of immune,&#8221; he says. &#8220;The financials are in good shape.&#8221;
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46065619/dr-doom-nouriel-roubini-says-irans-regime-will-collapse-in-coming-months-amid-trump-announced-ceasefire">&#8216;Dr Doom&#8217; Nouriel Roubini Says Iran&#8217;s Regime Will Collapse In &#8216;Coming Months&#8217; Amid Trump Announced Ceasefire</a>
Parker also pushed back on concerns that multinationals would suffer due to a stronger dollar or rising input costs. Oil and broad commodity indexes haven't surged meaningfully, he says, suggesting that margin pressures could ease.
While he acknowledged that some institutional investors are bracing for a &#8220;soft pocket&#8221; in the economy between August and October, referring to a short-term cooling in business activity, or a temporary slowdown, he is certain that the longer-term optimism tied to artificial intelligence will support the broader sentiment.
&#8220;We're dreaming about AI stuff next year,&#8221; he says, adding that &#8220;it's hard to get too negative when I still can think there's going to be some better predictive analytics deployed into companies.&#8221;
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stock</td>
<td class="has-text-align-center" data-align="center">Since &#8220;Liberation Day&#8221;</td>
<td class="has-text-align-center" data-align="center">Year-To-Date</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td class="has-text-align-center" data-align="center">+27.17%</td>
<td class="has-text-align-center" data-align="center">+16.11%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td class="has-text-align-center" data-align="center">+30.56%</td>
<td class="has-text-align-center" data-align="center">+4.24%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td class="has-text-align-center" data-align="center">-10.01%</td>
<td class="has-text-align-center" data-align="center">-17.37%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td class="has-text-align-center" data-align="center">+6.35%</td>
<td class="has-text-align-center" data-align="center">-5.34%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td class="has-text-align-center" data-align="center">+19.62%</td>
<td class="has-text-align-center" data-align="center">+16.57</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Most of the top S&amp;P 500 stocks have witnessed a recovery since the &#8220;Liberation Day&#8221; tariffs were announced on April 2.</figcaption></figure>
Why It Matters: Economist Nouriel Roubini had echoed similar views on the tariffs, as well as <a href="https://www.benzinga.com/markets/25/04/44754363/dr-doom-transforms-to-dr-boom-nouriel-roubini-says-mickey-mouse-could-be-us-president-and-economy-will-keep-growing">AI-driven growth</a>, more than two months ago. 
He famously said that it &#8220;wouldn&#8217;t matter if Mickey Mouse is President,&#8221; because the economy will keep growing, since artificial intelligence is set to &#8220;transform a dozen major sectors, propelling economic growth.&#8221;
Roubini stated that by the end of this decade, &#8220;U.S. growth could hit 4 percent. By the end of the next decade, we might see 6 percent,&#8221; as for the first time in history, &#8220;we&#8217;re entering a phase of exponential innovation.&#8221;
On the other hand, however, tariffs continue to result in headwinds and uncertainties, with the auto industry in particular seeing a significant impact. 
Last month, Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) CEO Jim Farley told investors that the company is set to <a href="https://www.benzinga.com/tech/25/05/45217767/ford-ceo-jim-farley-says-trumps-tariffs-could-cost-ford-1-5-billion-pulls-its-earnings-guidance">see a net impact</a> to the tune of $1.5 billion through the full year. 
&#8220;We&#8217;ve estimated the gross impact of tariffs for [the] full year total company EBIT of $2.5 billion and a net impact of $1.5 billion,&#8221; he said, during the company&#8217;s <a href="https://www.benzinga.com/news/earnings/25/05/45208083/ford-stock-hits-the-brakes-after-q1-earnings-suspends-guidance-due-to-tariff-related-uncertainty">first quarter results</a>.
Price Action: Shares of Ford Motors were up 1.51% on Monday, trading at $10.75, and are flat in after-hours trading.
<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="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24005457/Screenshot-2025-06-24-at-10.24.44-AM-1024x148.png" alt="" class="wp-image-959010" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24005457/Screenshot-2025-06-24-at-10.24.44-AM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24005457/Screenshot-2025-06-24-at-10.24.44-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24005457/Screenshot-2025-06-24-at-10.24.44-AM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24005457/Screenshot-2025-06-24-at-10.24.44-AM.png 1534w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Ford Motors scores well on Benzinga&#8217;s Edge Stock Rankings, and as a favorable price trend in the short, medium and long term, but how does it compare with the Top 5 S&amp;P 500 stocks listed above? Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to find out.
Rokas Tenys via Shutterstock
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</ul>

Government

Macro Economic Events

Economics

AMZN

MSFT

NVDA

Adam Parker Walks Back April Earnings Cut, Analyst Says Tariff Risks Were Overblown: 'The Big 50 Companies Were Kind Of Immune'

Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) denied reports of considering a complete sale of its China operations, though the Seattle-based coffee giant has reportedly initiated preliminary discussions with potential buyers about divesting stakes in its Chinese business.
What Happened: The denial comes after Chinese financial magazine Caixin <a href="https://www.caixinglobal.com/2025-06-24/starbucks-courts-buyers-as-it-weighs-sale-of-china-business-102333715.html">reported</a> Monday that Starbucks was exploring a full sale, citing unnamed sources. &#8220;I can confirm Starbucks is not currently considering a full sale of its China operations,&#8221; a company spokesperson told Reuters.
However, Starbucks kicked off a formal sale process in May, with Goldman Sachs advising on the potential transaction, according to the report. The investment bank had solicited responses from interested buyers by last week, requesting details on corporate culture, management approach, sustainability measures, employee treatment, and proposed deal structure.
More than 20 institutions responded, including multiple private equity firms, according to sources. Reuters previously reported that KKR &amp; Co., Fountainvest Partners, and PAG are among buyout firms interested in acquiring stakes.
The strategic review reflects mounting pressure from Chinese competitors. Starbucks&#8217; market share plummeted from 34% in 2019 to 14% in 2024, according to Euromonitor International data, the report noted. 
See Also: <a href="https://www.benzinga.com/news/space/25/06/46012441/amazon-retrains-warehouse-workers-for-satellite-jobs-it-really-is-life-changing-says-project-kuiper-technician">Amazon Retrains Warehouse Workers For Satellite Jobs: &#8216;It Really Is Life-Changing,&#8217; Says Project Kuiper Technician</a>
Why It Matters: Local rivals Luckin and Cotti <a href="https://www.benzinga.com/content/46013428/can-luckin-and-dutch-bros-take-market-share-from-starbucks">offer beverages at significantly lower price points</a>, forcing Starbucks to compete against coffee priced under 5 yuan ($0.70) per cup through e-commerce subsidies.
TD Cowen analyst Andrew Charles maintains a Hold rating with a $90 price target, citing <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45931482/starbucks-at-a-crossroads-analyst-sees-chipotle-like-potential-but-warns-of-declining-value-perception">declining value perception</a> and rising competition. Charles noted the company appears to be &#8220;recalibrating to a new earnings baseline&#8221; following post-COVID normalization.
Starbucks recently announced its first-ever China price reduction, cutting non-coffee iced drinks by an average of 5 yuan. 
CEO Brian Niccol&#8216;s &#8220;Back to Starbucks&#8221; strategy faces scrutiny as the company reported five consecutive quarters of underperformance through the second quarter of 2025.
According to Benzinga Edge Stock Rankings, Starbucks scores in the 68th percentile for Momentum and 36th for Growth. See <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how it stacks up against competing restaurant stocks here</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="888" height="642" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24003933/image-343.png" alt="" class="wp-image-958993" style="width:379px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24003933/image-343.png 888w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24003933/image-343-300x217.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24003933/image-343-768x555.png 768w" sizes="(max-width: 888px) 100vw, 888px" /></a></figure>
Read Next: 
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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.
Photo courtesy: Grand Warszawski / Shutterstock.com

Equities

SBUX

Starbucks Denies Full China Exit Amid Stake Sale Talks As Market Share Slips To 14%

Econ #s

BBJP

WisdomTree Trust Japan Total Dividend Fund

Bank of Japan Core Consumer Price Index (YoY) 2.5% Vs. 2.5% Est.; 2.4% Prior

Memecoins erupted Monday as the cryptocurrency market made a sharp recovery following President Donald Trump&#8217;s ceasefire announcement in the Iran-Israel conflict.
What happened: Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based Dogwifhat led the gains, jumping more than 20% in the last 24 hours to become the market's third-most successful cryptocurrency. The coin&#8217;s volume popped 75% to $518 million, indicating high trader interest and liquidity.
Bonk, another Solana-based memecoin, lifted more than 13%, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based Floki also made similar strides.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 12:05 a.m. ET)</td>
</tr>
<tr>
<td>Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>)</td>
<td>+20.84%</td>
<td>$0.8364</td>
</tr>
<tr>
<td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td>
<td>+13.59%</td>
<td>$0.00001394</td>
</tr>
<tr>
<td>Floki (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>)</td>
<td>+13.51%</td>
<td>$0.00007262</td>
</tr>
</tbody>
</table>
</figure>
Meme heavyweights Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) also staged strong recoveries, surging 7.20% and 9%, respectively.
The meme coin market capitalization rose 9.52% to $52.74 billion in the last 24 hours, while trading volume recorded a 13.32% spike.
The Monday rally helped reverse some of last week&#8217;s losses, which were triggered by growing Middle East tensions and the U.S. involvement in the conflict. The memecoin market lost 26% of its value over the last week.
However, <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46066361/us-iran-nuclear-deal-in-2025-crypto-bettors-on-polymarket-see-strong-chance-after-trumps-ceasefire-announcement">optimism returned</a> after Trump announced a ceasefire between Iran and Israel, sending Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and the rest of the market higher. Notably, the Iranian Foreign Minister has denied any ceasefire agreement.
Photo Courtesy: Akif CUBUK on Shutterstock.com
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Dogwifhat Leaps 20%, Dogecoin, Shiba Inu Climb As Memecoins Spike After Trump Announces Iran-Israel Ceasefire

Elon Musk&#8217;s lawyers told a federal judge the tech billionaire "does not use a computer," an assertion meant to limit discovery in his lawsuit against Sam Altman and OpenAI and one that instantly collided with Musk's own social-media posts flaunting a well-used laptop.
What Happened: OpenAI last week accused Musk and his AI startup xAI of dragging their feet on document production. As reported first by Wired, Musk's attorneys replied Sunday that they had searched his email and cellphone and "Mr. Musk does not use a computer," insisting no additional files exist.
The claim surprised observers. Employees at X, formerly Twitter, say they have seen the owner type on a notebook, and Musk himself posted a photo in December, captioned, "This is a pic of my laptop," praising a Doge sticker he refuses to lose by upgrading.
<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">This is a pic of my laptop. It's about 3 years old. A guy in Germany gave me this cool sticker, so I don't want to upgrade it and lose the sticker. <a href="https://t.co/wJZbhpkus8">pic.twitter.com/wJZbhpkus8</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1873907039350775909?ref_src=twsrc%5Etfw">December 31, 2024</a></blockquote>
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In May he reiterated, "Still using my ancient PC laptop," when asked about his gaming rig.
<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">Still using my ancient PC laptop with the <a href="https://twitter.com/DOGE?ref_src=twsrc%5Etfw">@DOGE</a> sticker made long ago by a fan
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1928927025273754016?ref_src=twsrc%5Etfw">May 31, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See also: <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">Tesla Launches Robotaxi In Austin: Elon Musk Calls It A &#8216;Culmination Of A Decade Of Hard Work&#8217;</a>
The filing is the latest volley in a widening legal battle. Musk sued OpenAI in February, alleging the once-non-profit lab now chases "corporate profit rather than the benefit of humanity." <a href="https://www.benzinga.com/personal-finance/25/04/44828934/musk-could-not-tolerate-seeing-such-success-openai-says-he-abandoned-and-declared-them-doomed-then-tried-to-destroy-it-all">OpenAI countersued</a> in April, calling his takeover bid a "sham" and accusing him of "bad-faith tactics designed to seize control."
Why It Matters: Musk, <a href="https://www.benzinga.com/news/politics/25/05/45710505/elon-musks-government-efficiency-push-a-closer-look-at-his-financial-gains-and-losses">who left</a> the federal Department of Government Efficiency last month, wants to halt OpenAI's planned $40 billion fundraising by blocking its conversion to a fully for-profit structure. OpenAI argues his suit is harassment aimed at slowing its research pace.
OpenAI chief Sam Altman told the inaugural OpenAI Podcast last week that he "<a href="https://www.benzinga.com/markets/tech/25/06/46023822/sam-altman-says-he-didnt-think-elon-musk-would-abuse-government-power-tesla-ceo-hits-back-with-scam-altman-jibe">didn't think</a> Elon was going to abuse his power in the government to unfairly compete." Altman claims <a href="https://www.benzinga.com/25/05/45688477/elon-musk-pressured-trump-team-to-include-his-xai-in-the-openaioracle-abu-dhabi-deal-threatening-to-block-it-otherwise-report">Musk lobbied regulators</a> to block OpenAI's $500 billion Stargate data-center project unless it folded in his own startup, xAI. Altman added, "I regret to say I was wrong about that … I'm grateful the administration did the right thing and stood up to his behaviour."
Within hours, Musk fired back on X, writing, "Scam Altman strikes again."
Photo Courtesy: Frederic Legrand &#8211; COMEO On Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/equities/25/06/46048133/elon-musks-mother-recalls-borrowing-first-tesla-roadster-in-2008-now-celebrates-robotaxi-launch-with-joyride-in-driverless-car-no-one-knew-what-it-was">Elon Musk&#8217;s Mother Recalls Borrowing First Tesla Roadster In 2008—Now Celebrates Robotaxi Launch With Joyride In Driverless Car: &#8216;No One Knew What It Was&#8217;</a>

Elon Musk's Lawyers Say He Doesn't 'Use A Computer,' But The Tesla CEO Has Touted An 'Ancient PC Laptop' With A Dogecoin Sticker More Than Once

Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CTO Andrew "Boz" Bosworth has opened up about why he joined the Army Reserve as part of a new tech-focused unit alongside top executives from OpenAI and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) — and how his decision was received internally at Meta.
What Happened: Earlier this month, the U.S. Army launched Detachment 201, a new initiative bringing Silicon Valley tech leaders into military service.
Alongside Bosworth, the cohort includes Palantir CTO Shyam Sankar, OpenAI Chief Product Officer Kevin Weil, and former OpenAI research head Bob McGrew.
In an interview with Blake Dodge, which was published on Monday, Bosworth said service had always interested him, but the timing and commitment never aligned — until now.&nbsp;
&#8220;I don't think I waited 10 minutes; I was like, ‘Yes, I would love to, it'd be the great honor of my life to do this,'&#8221; he told the journalist.
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44447324/mark-zuckerberg-once-said-the-social-network-made-up-stuff-that-was-kind-of-hurtful-because-real-life-wasnt-glamorous-enough-for-hollywood" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Once Said ‘The Social Network' Made Up Stuff That Was Kind Of Hurtful Because Real Life Wasn't Glamorous Enough For Hollywood</a>
When answering, what was the internal response at Facebook-parent, he noted that it was "very, very positive."
Bosworth also said that his new role as a U.S. Army Reserve lieutenant colonel will remain strictly independent of his responsibilities at Meta, especially as the tech giant deepens its own defense-related partnerships.
&#8220;For example, in the Army, I won't be allowed to advise on anything AR-related. But there are a huge amount of other things I absolutely can contribute to,&#8221; he said during the interview.
Bosworth believes his contribution will be less about combat and more about solving logistical and technological challenges.
The Army is "eager to get assistance," he said, adding, "They're also doing great — and able to figure out what to do with that help when it comes. I've been super impressed with them."
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">it used to be taboo for tech leaders to work with the military. now they are quite literally joining it, as uniformed officers. i spoke with <a href="https://twitter.com/boztank?ref_src=twsrc%5Etfw">@boztank</a> about the vibe shift, and why he&#39;s proud to (humbly) serve:<a href="https://t.co/oREgcrseBg">https://t.co/oREgcrseBg</a>
&mdash; Blake Dodge (@dodgeblake) <a href="https://twitter.com/dodgeblake/status/1937227691029360673?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
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Why It&#8217;s Important: Last month, Meta announced a partnership with defense tech startup Anduril Industries to <a href="https://www.benzinga.com/media/25/05/45687185/mark-zuckerbergs-meta-reunites-with-palmer-luckey-to-equip-us-soldiers-with-eagleeye-an-ai-powered-combat-headset-that-can-detect-drones">develop augmented reality</a> (AR) devices for the U.S. Army.
The newly introduced EagleEye system uses AI to enhance soldiers&#8217; sensory capabilities, enabling features like drone detection and target identification. It integrates Anduril&#8217;s autonomous software with Meta&#8217;s AI models.
The two companies have submitted a joint bid for an Army contract worth up to $100 million, part of a broader $22 billion initiative to modernize military wearables. If approved, it would be Meta's most significant partnership with the <a href="https://www.benzinga.com/news/25/05/45483220/money-spigot-thats-never-going-off-meta-reportedly-hiring-ex-pentagon-officials-as-they-target-defense-contracts">Pentagon to date</a>.
Price Action: Meta shares climbed 2.37% during Monday's regular session and gained an additional 0.91% in after-hours trading, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Benzinga&#8217;s Edge Stock Rankings show a steady upward trend for META across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance insights are available 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/2025/06/24000702/Screenshot-2025-06-24-at-8.02.55%E2%80%AFAM-1.png" alt="" class="wp-image-958961" /></a></figure>
Photo Courtesy: cvm on Shutterstock.com
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>.
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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.

PLTR

Meta CTO Andrew Bosworth Explains Why He Joined The Army Reserve Alongside OpenAI, Palantir Execs — Shares How People At Facebook-Parent Reacted

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) seeks to keep its responses to the National Highway Traffic Safety Administration or NHTSA's questions regarding the company's FSD technology private, the regulator said.
What Happened: Tesla has invoked a federal law that "restricts NHTSA's ability to publicly release what the companies label as confidential,&#8221; Reuters reported on Monday. The agency reiterated that its investigation into the EV giant remains open.
Tesla maintains that the responses submitted to the regulator contain information that its competitors can use to improve self-driving technology and advanced driver assistance systems.
"Nefarious actors could also use the marked information to smear Tesla&#8217;s brand for the sake of notoriety," a legal representative for Tesla cited in the report said.
Why It Matters: The news comes in as the NHTSA had been reviewing Tesla's responses to the agency's questions regarding <a href="https://www.benzinga.com/markets/tech/25/06/46041090/tesla-faces-safety-questions-from-regulators-ahead-of-robotaxi-launch-in-austin">the FSD's performance</a> in poor weather conditions.
FSD, or Full Self-Driving, is a crucial aspect of Tesla's plans as it turns towards autonomous vehicles and Robotaxis. Elon Musk's EV giant officially rolled out its <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">Robotaxi in Austin</a> with an invite-only event for social media influencers.
However, questions are being raised about the technology after a Tesla Model 3 was involved in an incident earlier this month, where the occupant of the car was in a potentially life-threatening position as the vehicle was reportedly <a href="https://www.benzinga.com/markets/tech/25/06/45945298/tesla-model-3-on-fsd-mode-struck-by-train-after-getting-trapped-on-railroad-tracks-report">struck by a train</a> after it got stuck on a railroad track while on full self-driving.
<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="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23234958/TSLA-JUN-24-2025-1024x200.jpg" alt="" class="wp-image-958939" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23234958/TSLA-JUN-24-2025-1024x200.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23234958/TSLA-JUN-24-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23234958/TSLA-JUN-24-2025-768x150.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23234958/TSLA-JUN-24-2025-1536x300.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23234958/TSLA-JUN-24-2025.jpg 1559w" 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: Ken Wolter / Shutterstock.com

Tesla Wants To Keep Its Texas Self-Driving Data Private Amid Austin Robotaxi Launch: Report

Ark Invest CEO Cathie Wood predicts that electric vehicles will undercut gasoline-powered cars economically within three years, citing China&#8217;s explosive growth in electric vehicles as a roadmap for the U.S. market transformation.
What Happened: Wood wrote on X that &#8220;China is pointing the way forward for EV sales in the U.S. Why? Economics, as usual. EVs costs and prices will drop well below those for &#8216;like-for-like&#8217; gas-powered vehicles during the next three years.&#8221;
Her comments responded to climate investor Ramez Naam&#8216;s post, highlighting that China now sells more EVs annually than the U.S. sells total vehicles of all types. 
BloombergNEF data shows China&#8217;s EV sales surged from near zero in 2016 to an estimated 18 million units by 2026, while U.S. total vehicle sales remain relatively flat at 16 million.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">China is pointing the way forward for EV sales in the US. Why? Economics, as usual. EVs costs and prices will drop well below those for "like-for-like" gas-powered vehicles during the next three years! <a href="https://t.co/4y38OHFpTq">https://t.co/4y38OHFpTq</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1937284105378336832?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46058796/tesla-stock-is-surging-today-whats-driving-the-momentum">Tesla Stock Is Surging Today: What&#8217;s Driving The Momentum?</a>
Why It Matters: The projection comes as Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk acknowledged rival automakers selling EVs at massive losses <a href="https://www.benzinga.com/news/24/08/40156978/tesla-ceo-elon-musk-admits-lower-priced-evs-from-rival-automakers-are-a-problem-but-not-one-that-wil">pose competitive challenges</a>. &#8220;Other companies dumping EVs at massive negative gross margin is a problem, but not one that will last,&#8221; Musk said in August.
The competitive landscape intensifies with Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos-backed Slate Auto unveiling a $20,000 modular EV pickup truck expected by late 2026. The vehicle aims to fill the affordable EV gap that <a href="https://www.benzinga.com/tech/25/04/45006513/jeff-bezos-backed-tesla-rival-unveils-20000-modular-ev-pickup-truck-with-customization-at-the-forefront">established manufacturers have yet to address</a>.
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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.
Photo courtesy: ChrisStock82 / Shutterstock.com

Cathie Wood Says EVs Will Outprice Gas Cars Within 3 Years, Citing China's Rapid Growth

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