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

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Bright Minds Biosciences

Bright Minds Biosciences Inc is focused on developing novel transformative treatments for neuropsychiatric disorders, epilepsy, and pain. The company has a portfolio of next-generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult to treat disorders such as resistant epilepsy, treatment resistant depression, PTSD, and pain. The company's drugs have been designed to potentially retain the powerful therapeutic aspects of psychedelic and other serotonergic compounds, while minimizing the side effects, thereby creating superior drugs to first-generation compounds, such as psilocybin.

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The&nbsp;Federal Reserve&nbsp;revoked its guidance for banks that required them to inform the regulator before engaging in any cryptocurrency-related activity on Thursday.
What Happened: The Fed retracted its 2022 supervisory letter that mandated banks to notify in advance about their&nbsp;cryptocurrency endeavors, among other risk management practices and compliance controls, according to a press release.
The central bank said it no longer&nbsp;expects such notifications and will instead monitor banks&#8217; cryptocurrency activities through the regular supervisory process.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44943572/peanut-the-squirrels-death-triggered-outcry-and-spawned-a-2-bllion-memecoin-but-was-it-a-planned-outcome" target="_blank" rel="noreferrer noopener">Peanut The Squirrel&#8217;s Death Triggered Outcry And Spawned A $2 Bllion Memecoin, But Was It A Planned Outcome?</a>
The Fed also pulled back its 2023 supervisory letter related to the banks&#8217; engagement with <a href="https://www.benzinga.com/markets/cryptocurrency/23/08/33669212/fed-cracks-down-on-banks-crypto-activities-signaling-wider-regulatory-war-on-digital-asset">dollar-backed stablecoins</a>. 
&#8220;The Board intends to&nbsp;work with the agencies to&nbsp;evaluate if there is a need for additional guidance to promote innovation, including crypto-asset activities,&#8221; a statement read.
Cryptocurrency mogul and Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) co-founder Michael Saylor cheered the announcement, stating, &#8220;Banks are now free to begin supporting Bitcoin.&#8221;
Why It Matters: This decision comes on the heels of Fed Chair Jerome Powell&#8217;s statement earlier this month indicating a potential <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44850021/fed-chair-powell-says-crypto-and-banking-rules-will-loosen-as-sector-matures">relaxation of certain cryptocurrency and banking regulations</a>. 
Powell acknowledged the increasing mainstream acceptance of cryptocurrencies and emphasized the need for a clear regulatory framework, especially around stablecoins. 
The Trump administration has been vocal about its support for the cryptocurrency industry, instituting a <a href="https://www.benzinga.com/top-stories/25/01/43110946/sec-launches-crypto-task-force-to-establish-clear-regulatory-framework">dedicated SEC crypto task force</a>, repealing an accounting directive that prohibited banking institutions f<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43181875/sec-repeals-sab-121-policy-that-restricted-banks-from-providing-custody-services-for-bitcoin-crypto-mom-says-bye-bye">rom providing custodial services for digital assets</a>, and <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">establishing </a>a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve.
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/44992375/if-bitcoin-breaks-100k-this-ceo-will-gladly-admit-being-wrong-about-a-bear-market" target="_blank" rel="noreferrer noopener">If Bitcoin Breaks $100K, This CEO Will &#8216;Gladly Admit&#8217; Being Wrong About A Bear Market</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Photo Courtesy: Bukhta Yurii on Shutterstock.com

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

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MSTR

MSTR's Michael Saylor Says Banks Are 'Free' To Support Bitcoin As Federal Reserve Withdraws Crypto Guidance

New York Attorney General Letitia James is fighting back after a President Donald Trump administration official referred her to the Justice Department for alleged mortgage fraud. Her lawyer, Abbe Lowell, labelled the referral "improper political retribution" and connected it to her prior legal action against Trump.
What Happened: Federal Housing Director William Pulte accused James of presenting erroneous details on several mortgage applications, including listing a Virginia property as her primary residence, misstating the number of units in her Brooklyn house, and being identified as her father's spouse on an old loan form.
Each claim was disputed in a <a href="https://www.scribd.com/document/853644305/Letitia-James-Attorney-Letter#from_embed">letter</a> Lowell sent to U.S. Attorney General Pam Bondi. The letter claims that James had stated the Virginia property "Will not be my primary residence," referred to documents depicting the Brooklyn building is a four-unit property, and noted that the 1983 deed lists her as her father's daughter, not spouse.
See Also: <a href="https://www.benzinga.com/markets/25/04/45001571/trump-2028-merchandise-hits-online-store-despite-constitutional-ban-on-third-term-presidency">&#8216;Trump 2028&#8217; Merchandise Hits Online Store Despite Constitutional Ban On Third Term Presidency</a>
Why It Matters: James was the leading figure behind the civil fraud case against Trump that led to a $354 million penalty, now more than $500 million with interest. Lowell called the referral hypocritical, stating, "The stunning hypocrisy of Trump&#8217;s complaint that the Justice Department had been &#8216;politicized&#8217;&#8230; is laid bare."
This comes at a time when James is <a href="https://www.benzinga.com/news/legal/25/04/44973739/new-york-ag-letitia-james-leads-lawsuit-against-trump-over-reckless-and-unconstitutional-tariffs-challenging-presidential-power">leading another lawsuit against Trump</a> over his &#8220;unconstitutional&#8221; new tariffs on foreign imports.
In the letter, Lowell appealed to Bondi to close the case, arguing that the allegations have been made on the basis of omissions and misinterpretations. "We would expect a quick response confirming that this referral matter has been closed," he wrote.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/45000154/cathie-wood-warns-trumps-tariffs-are-tax-increases-that-hurt-growth-but-says-innovation-will-thrive-in-the-turmoil">Cathie Wood Warns Trump&#8217;s Tariffs Are &#8216;Tax Increases&#8217; That Hurt Growth — But Says Innovation Will Thrive In The &#8216;Turmoil&#8217;</a></li>
</ul>
Image Via Shutterstock

Politics

Legal

General

Letitia James Denies Trump Official's 'Improper Political Retribution' Mortgage Fraud Claim, Calls DOJ Referral Hypocritical After $500 Million Verdict

California has surpassed Japan to become the world&#8217;s fourth-largest economy, as confirmed by Governor Gavin Newsom.
What Happened: The latest data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis reveal that California&#8217;s economy has grown to a point where it now ranks fourth globally. This development was announced by Governor Newsom on Wednesday.
According to 2024 data from the IMF and BEA, California&#8217;s nominal GDP hit $4.1 trillion, surpassing Japan&#8217;s $4.02 trillion, making it the world's fourth-largest economy after the U.S., China, and Germany.
In 2024, California&#8217;s economy grew by 6%, outpacing the growth rates of the U.S. (5.3%), China (2.6%), and Germany (2.9%).
California leads the rest of the U.S. by over $1 trillion, according to the data from the BEA. With $2.7 trillion in GDP, Texas stands second to California as a state, followed by New York at $2.3 trillion.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/04/44999388/charlie-munger-once-slammed-the-idea-of-escalating-tariffs-in-the-us-china-trade-war-calling-it-massively-stid-he" target="_blank" rel="noreferrer noopener">Charlie Munger Once Observed That A Full-Scale US-China Tariff War Was &#8216;Massively Stupid&#8217;: The Legendary Investor Didn&#8217;t Mind If Both Beijing And Washington Got Bruised Up In Talks Though — Here&#8217;s W</a>
Why It Matters:&nbsp;&nbsp;This economic milestone comes amidst a strained relationship between California and the Trump administration. In April 2025, California became the first state to <a href="https://www.benzinga.com/markets/25/04/44857255/california-becomes-the-first-state-to-sue-trump-over-unlawful-tariff-regime-seeking-to-declare-it-null-and-void-global-trade-policy-is-not-just-a-game">legally challenge</a> the Trump administration's extensive tariff plans, which it claimed were causing significant market instability and straining the United States' relationships with its trading partners and allies. 
This lawsuit underscores the tension between the state and federal governments, which could potentially impact California&#8217;s economic growth trajectory.
Governor Newsom stated, &#8220;While we celebrate this success, we recognize that our progress is threatened by the reckless tariff policies of the current federal administration. California's economy powers the nation, and it must be protected."
White House spokesperson Kush Desai&nbsp;countered Newsom&#8217;s remarks by stating that the threats to California&#8217;s&nbsp;economic progress include intellectual property theft, poor disaster management, and crime. &#8220;Under the Trump administration, California has the potential to reach new heights – if the state's leadership wouldn't stand in the way,&#8221; Desai told USA Today.
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/25/04/44916608/mark-zuckerbergs-wife-priscilla-chans-tuition-free-school-to-shutdown-50-million-support-pledged-for-transition" target="_blank" rel="noreferrer noopener">Mark Zuckerberg&#8217;s Wife Priscilla Chan&#8217;s Tuition-Free School To Shutdown, $50 Million Support Pledged For Transition &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

California Overtakes Japan To Become World's Fourth-Largest Economy: Progress Threatened By 'Reckless Tariff Policies,' Says Gavin Newsom

Guidance

Portland Gen Electric Affirms FY2025 Adj EPS Guidance of $3.13-$3.33 vs $3.23 Est

Earnings

Earnings Misses

Portland Gen Electric Q1 EPS $0.91 Misses $0.99 Estimate, Sales $928.10M Miss $978.15M Estimate

Autoliv Says It Unveiled Omni Safety At Shanghai Auto Show 2025, Targeting Enhanced Protection For Reclined Occupants With Integrated Seatbelt-Airbag System

<h3>Companies Reporting Before The Bell</h3>
• Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is projected to report quarterly earnings at $0.42 per share on revenue of $572.09 million. 
• Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) is estimated to report quarterly earnings at $2.76 per share on revenue of $811.53 million. 
• Phinia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHIN#NYSE">PHIN</a>) is estimated to report quarterly earnings at $1.00 per share on revenue of $814.11 million. 
• Virtus Inv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NYSE">VRTS</a>) is estimated to report quarterly earnings at $5.41 per share on revenue of $201.41 million. 
• Stellar Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NYSE">STEL</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $105.66 million. 
• AutoNation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>) is estimated to report quarterly earnings at $4.38 per share on revenue of $6.64 billion. 
• Sensient Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SXT#NYSE">SXT</a>) is estimated to report quarterly earnings at $0.82 per share on revenue of $387.70 million. 
• Carter's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) is projected to report quarterly earnings at $0.52 per share on revenue of $623.41 million. 
• Flagstar Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLG#NYSE">FLG</a>) is expected to report quarterly loss at $0.28 per share on revenue of $509.58 million. 
• Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is estimated to report quarterly earnings at $0.99 per share on revenue of $970.49 million. 
• AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) is likely to report quarterly earnings at $2.38 per share on revenue of $12.92 billion. 
• HCA Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>) is expected to report quarterly earnings at $5.76 per share on revenue of $18.26 billion. 
• Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is projected to report quarterly earnings at $8.69 per share on revenue of $13.68 billion. 
• Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $8.60 billion. 
• Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) is expected to report quarterly loss at $0.72 per share on revenue of $31.33 billion. 
• Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is projected to report quarterly earnings at $0.86 per share on revenue of $4.86 billion. 
• LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is expected to report quarterly earnings at $0.43 per share on revenue of $7.46 billion. 
• Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is expected to report quarterly earnings at $6.02 per share on revenue of $4.86 billion. 
• Centene (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) is expected to report quarterly earnings at $2.54 per share on revenue of $43.36 billion. 
• Addex Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADXN#NASDAQ">ADXN</a>) is expected to report earnings for its fourth quarter. 
• Lakeland Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKFN#NASDAQ">LKFN</a>) is expected to report quarterly earnings at $0.89 per share on revenue of $63.71 million. 
• GrafTech International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>) is likely to report quarterly loss at $0.13 per share on revenue of $122.33 million. 
• Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) is projected to report quarterly earnings at $0.23 per share on revenue of $1.61 billion. 
• Oxford Square Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXSQ#NASDAQ">OXSQ</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $9.90 million. 
• Lazard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAZ#NYSE">LAZ</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $654.15 million. 
• Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is estimated to report quarterly earnings at $2.33 per share on revenue of $70.51 million. 
• Rithm Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RITM#NYSE">RITM</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $1.27 billion. 
• Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) is projected to report quarterly earnings at $1.61 per share on revenue of $319.36 million. 
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ABBV

ADXN

AVTR

CHTR

GNTX

LKFN

OXSQ

PFBC

PHIN

RITM

SAIA

STEL

TNET

VRTS

Earnings Scheduled For April 25, 2025

Official Trump&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) dramatic climb this week has refocused attention on political meme coins, but Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) purist Max Keiser believes the token&#8217;s hype will eventually fade versus the apex cryptocurrency.
What happened: TRUMP surged as much as 65% on news that its biggest holders could <a href="https://www.benzinga.com/25/04/44970313/missed-fortune-trump-trader-loses-45-million-profit-opportunity-before-dinner-announcement">attend a private dinner</a> with President Donald Trump. The rally sent the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based coin to levels not seen since early March.
Frenzied trading activity followed the announcement, with many big investors dumping the coin for profits while others added to their stockpile in hopes of seeing Trump.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/04/44971891/sec-teams-up-with-nayib-bukele-led-el-salvador-for-a-crypto-regulatory-sandbox">SEC Zooms In On Nayib Bukele-Led El Salvador&#8217;s Crypto Regulation Model</a>
Against this backdrop, Keiser, who also serves as El Salvador&#8217;s president&#8217;s top Bitcoin advisor, restated his previous stance that Trump's cryptocurrency gambit will backfire in the long run.
He reposted a quote from his January interview with the RT network, stating, "TrumpCoin is going to zero against Bitcoin. Trump doesn't know that memecoins accelerate inflation."
<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">"TrumpCoin is going to zero against Bitcoin. TRUMP doesn't know that memecoins ACCELERATE inflation" <a href="https://t.co/fZSTrvDaG8">https://t.co/fZSTrvDaG8</a> <a href="https://t.co/QFl5NFBXi2">pic.twitter.com/QFl5NFBXi2</a>
&mdash; Max Keiser (@maxkeiser) <a href="https://twitter.com/maxkeiser/status/1882407197591867411?ref_src=twsrc%5Etfw">January 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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He has even called TRUMP a "s&#x2A;&#x2A;tcoin" and likened <a href="https://www.benzinga.com/25/03/44555553/will-the-greatest-of-them-all-trump-memecoin-make-its-way-to-trump-media-etfs-polymarket-bettors-think-its-unlikely">Trump's promotion of the memecoin</a> via his Truth Social account to &#8220;shilling.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">While Trump is shilling his shitcoin <a href="https://twitter.com/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TRUMP</a> (and bailing out scammers), Russia &amp; China are adding massive quantities of Gold to their reserves and readying a USD-killer, Gold-backed, stablecoin. Russia &amp; China are also poised to be the biggest buyer of US's pledge to sell their… <a href="https://t.co/LAZPEwohY2">pic.twitter.com/LAZPEwohY2</a>
&mdash; Max Keiser (@maxkeiser) <a href="https://twitter.com/maxkeiser/status/1904116818475725012?ref_src=twsrc%5Etfw">March 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Concerns have been <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/44010112/trump-coin-prompts-house-democrats-to-introduce-meme-act">raised </a>regarding the coin&#8217;s ownership, which is held by businesses tied to The Trump Organization, as well as speculation of insider trading. However, Arthur Hayes, co-founder of cryptocurrency exchange&nbsp;BitMEX, <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43723429/arthur-hayes-says-trump-coin-will-lead-bitcoin-if-market-sentiment-turns-favorable-calls-memecoin-purest-and-most-honest-popularity-metric">deemed the coin</a> an indicator of Trump&#8217;s macroeconomic and monetary policies and his popularity metric.
Keiser is a known maximalist, holding strong opinions about cryptocurrencies other than Bitcoin.&nbsp; Even a cursory look at Keiser&#8217;s X posts demonstrated <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41541573/max-keisers-bitcoin-fortune-swells-by-whopping-6-800-000-since-investing-in-the-satoshi-er">how unabashedly he backs the asset</a>, at times elevating it to a godlike status.&nbsp;
Price Action: At the time of writing, TRUMP was exchanging hands at $13.13, up 10.49% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Bitcoin sold at $93,616.55, up 1.55% in the last 24 hours.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44971214/solana-staking-etf-surges-18-in-debut-week-heres-how-much-cathie-woods-ark-invest-has-parked-in-it">Solana Staking ETF Surges 18% In Debut Week—Here&#8217;s How Much Cathie Wood&#8217;s Ark Invest Has Parked In It</a></li>
</ul>
Image Via Shutterstock

$SOL

$TRUMP

TRUMP

As TRUMP Memecoin Skyrockets, Here's A Look Back At The Doom Prediction Made By Bitcoin Bull Max Keiser Months Ago

President Donald Trump&#8216;s immigration <a href="https://www.benzinga.com/topic/social-security">policies could worsen Social Security&#8217;s existing funding shortfall</a> by approximately 11%, according to a new report from the Center on Budget and Policy Priorities.
What Happened: The Social Security program, already projected to have funds to pay only about 83% of benefits by 2035, faces additional pressure as the administration&#8217;s mass deportation efforts target workers who contribute significantly to the system&#8217;s finances.
Immigrants play a vital role in sustaining Social Security solvency through their payroll tax contributions. The Social Security Administration (SSA) estimates that higher-than-expected immigration, roughly 400,000 more people annually than current projections, would reduce the program&#8217;s funding gap by about 11%. Conversely, lower immigration of similar magnitude would worsen the shortfall.
&#8220;Immigrants are more likely to be of working age and have higher rates of labor force participation compared to U.S.-born individuals,&#8221; the report notes. Without immigrants and their U.S.-born children, America&#8217;s prime working-age population would have declined by over 8 million people between 2000 and 2023.
Even undocumented immigrants contribute substantially, paying an estimated $25.7 billion in Social Security taxes in 2022 despite rarely becoming eligible for benefits themselves. A 2013 SSA actuarial report found these workers provided a net positive contribution of $12 billion to the trust fund in 2010.
See Also: <a href="https://www.benzinga.com/personal-finance/25/04/44940178/warren-buffett-says-millions-are-trapped-living-an-american-nightmare-but-proposes-a-tool-far-more-useful-than-raising-minimum-wage" target="_blank" rel="noreferrer noopener">Warren Buffett Says Millions Are Trapped Living An ‘American Nightmare&#8217; — But Proposes A Tool ‘Far More Useful&#8217; Than Raising Minimum Wage</a>
Why It Matters: The Trump administration, which recently reinstated &#8220;National Social Security Month&#8221; with Acting Commissioner Lee Dudek vowing to &#8220;protect Americans&#8217; hard-earned Social Security benefits,&#8221; has simultaneously implemented staffing cuts at the SSA. Former Commissioner Martin O&#8217;Malley <a href="https://www.benzinga.com/personal-finance/25/04/44942921/national-social-security-month-returns-under-trump-as-ssa-cites-1-billion-in-savings-and-vows-to-serve-the-people-by-ending-dei-contracts-and-replacing-bureaucracy-with-customer-service">warned these reductions</a> could lead to &#8220;interruption of benefits.&#8221;
Meanwhile, <a href="https://www.benzinga.com/markets/25/04/44916245/congress-could-greenlight-trumps-big-beautiful-tax-bill-by-summer-things-are-moving-very-very-quickly-says-hassett">Congress is considering Trump&#8217;s tax proposal</a>, which includes eliminating taxes on Social Security benefits alongside other tax cuts that could reduce federal revenue by up to $11.2 trillion over the next decade, according to the Committee for a Responsible Federal Budget.
Money‑management guru Dave Ramsey has recently urged Americans to treat Social Security as a bonus, not a backbone, warning that the program&#8217;s cash crunch <a href="https://www.benzinga.com/general/education/25/04/44894410/dave-ramsey-tells-retirees-dont-count-on-it-or-dont-count-on-all-of-it-why-he-doubts-social-securitys-future">could slice benefits within a decade</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/04/44969001/65-year-old-with-110k-saved-asks-if-he-can-retire-in-7-years-dave-ramsey-says-you-have-no-money-and-tells-him-to-stop-401k-contributions" target="_blank" rel="noreferrer noopener">65-Year-Old With $110K Saved Asks If He Can Retire in 7 Years — Dave Ramsey Says ‘You Have No Money&#8217; and Tells Him to Stop 401(k) Contributions</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Government

Trump's Deportation Policies Could Worsen Social Security's Funding Shortfall by 11%, Warns New Report

Vale (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>) reported quarterly earnings of $0.33 per share which missed the analyst consensus estimate of $0.39 by 15.38 percent. This is a 15.38 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $8.12 billion which beat the analyst consensus estimate of $8.03 billion by 1.10 percent. This is a 4.02 percent decrease over sales of $8.46 billion the same period last year.

Earnings Beats

VALE

Vale Q1 EPS $0.33 Misses $0.39 Estimate, Sales $8.12B Beat $8.03B Estimate

The U.S. Attorney's Office for the District of Columbia has revealed that charges have been filed against a suspect for the alleged vandalism of multiple Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) vehicles.
What Happened: The attorney's office revealed on Thursday that 49-year-old Justin Fisher was charged with four counts of defacing public or private property following alleged vandalism targeted at Tesla vehicles between March 1 and March 21.
Court documents say the suspect's misdemeanor initial hearing will take place on June 10, 2025, in the Superior Court for the District of Columbia. Fisher was arrested on April 1.
U.S. Attorney Edward R. Martin Jr condemned the vandalism, calling the ‘Tesla Takedown' protests currently taking place across the U.S. an act of "Domestic Terrorism."
"These attacks are not just an attack on someone's property. They are meant to intimidate and suppress political speech and shut down the marketplace of ideas," Martin said.
Why It Matters: The news comes in when a recent <a href="https://www.benzinga.com/tech/25/04/44974056/tesla-protests-are-now-an-official-risk-factor-for-elon-musks-ev-giant-company-tells-sec-exaggerated-criticism-could-hinder-fundraising-efforts">SEC filing by Tesla</a> officially incorporated the protests as a risk factor to the company's business as well as fundraising efforts.
The company says that exaggerated or unfounded claims of its management have incited protests and violence against Tesla products and operations. CEO Elon Musk had slammed the protests and said they were <a href="https://www.benzinga.com/25/04/44942774/elon-musk-slams-tesla-protesters-says-they-benefited-from-government-waste-and-fraud-he-believes-to-have-cut-via-doge-theyre-the-recipients-of-wasteful-largesse">funded by government waste</a> in the Q1 earnings call on Tuesday.
However, Tesla owners in the U.S. <a href="https://www.benzinga.com/trading-ideas/25/04/44829030/tesla-owners-face-new-challenge-amid-tariffs-vandalism-insurance-costs-going-up-twice-the-national-rate">continue to face problems </a>with rising insurance premiums as well as declining used car values, among other troubles, amid Musk's continued endorsement of right-wing political ideals.
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/25/04/44971783/piper-sandler-puts-400-price-target-on-tesla-it-appears-our-best-case-scenario-has-materialized">Piper Sandler Puts $400 Price Target On Tesla: ‘It Appears Our Best-Case Scenario Has Materialized'</a></li>
</ul>
Image Via Shutterstock

Tech

TSLA

DC Man Arrested For Vandalizing Tesla Cars In 'Tesla Takedown' Protest, Faces June Court Date

Colgate-Palmolive Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) will release earnings results for the first quarter, before the opening <a href="https://www.benzinga.com/quote/cl/earnings">bell on Friday, April 25.</a>
Analysts expect the New York-based company to report quarterly earnings at 86 cents per share, versus 86 cents per share in the year-ago period. Colgate-Palmolive projects to report quarterly revenue at $4.86 billion, compared to $5.07 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 20, Colgate announced a dividend increase and new $5 billion share repurchase program.
Colgate-Palmolive shares fell 1.3% to close at $92.70 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/cl/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Barclays analyst Lauren Lieberman maintained an Equal-Weight rating and cut the price target from $89 to $86 on April 11, 2025. This analyst has an accuracy rate of 65%.</li>
<li>JP Morgan analyst Andrea Teixeira maintained an Overweight rating and slashed the price target from $99 to $95 on April 11, 2025. This analyst has an accuracy rate of 60%.</li>
<li>Wells Fargo analyst Chris Carey maintained an Underweight rating and raised the price target from $83 to $88 on April 2, 2025. This analyst has an accuracy rate of 64%.</li>
<li>Stifel analyst Mark Astrachan maintained a Hold rating and cut the price target from $95 to $93 on Feb. 3, 2025. This analyst has an accuracy rate of 76%.</li>
<li>Raymond James analyst Olivia Tong reiterated an Outperform rating and slashed the price target from $110 to $105 on Feb. 3, 2025. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying CL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="588" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25034822/image-164-1024x588.png" alt="" class="wp-image-888164" style="width:597px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25034822/image-164-1024x588.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25034822/image-164-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25034822/image-164-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25034822/image-164.png 1092w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/04/44977071/wall-streets-most-accurate-analysts-weigh-in-on-3-materials-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Materials Stocks With Over 7% Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

Price Target

Pre-Market Outlook

Analyst Ratings

Trading Ideas

Colgate-Palmolive Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHR#NASDAQ">CHR</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/CHTR/earnings">opening bell on Friday, April 25.</a>
Analysts expect the Stamford, Connecticut-based company to report quarterly earnings at $8.37 per share, up from $7.55 per share in the year-ago period. Charter Communications projects to report quarterly revenue at $13.67 billion, compared to $13.68 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 20, Charter and Comcast launched satellite connectivity for mobile devices.
Charter Communications shares fell 0.7% to close at $335.33 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/CHTR/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Wells Fargo analyst Steven Cahall maintained an Equal-Weight rating and cut the price target from $400 to $380 on April 14, 2025. This analyst has an accuracy rate of 64%.</li>
<li>Citigroup analyst Michael Rollins reinstated a Buy rating with a price target of $425 on March 14, 2025. This analyst has an accuracy rate of 78%.</li>
<li>Barclays analyst Kannan Venkateshwar maintained an Underweight rating and raised the price target from $315 to $320 on Feb. 3, 2025. This analyst has an accuracy rate of 61%.</li>
<li>Deutsche Bank analyst Bryan Kraft maintained a Hold rating and increased the price target from $340 to $365 on Nov. 4, 2024. This analyst has an accuracy rate of 74%.</li>
<li>JP Morgan analyst Sebastiano Petti maintained a Neutral rating and raised the price target from $385 to $400 on Nov. 4, 2024. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying CHTR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25033600/image-163-1024x650.png" alt="" class="wp-image-888147" style="width:605px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25033600/image-163-1024x650.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25033600/image-163-300x190.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25033600/image-163-768x487.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25033600/image-163.png 1083w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<ul>
<li><a href="https://www.benzinga.com/25/04/44977071/wall-streets-most-accurate-analysts-weigh-in-on-3-materials-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Materials Stocks With Over 7% Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

Top Wall Street Forecasters Revamp Charter Communications Expectations Ahead Of Q1 Earnings

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) to report a quarterly loss at 72 cents per share on revenue of $31.33 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Phillips 66 shares fell 0.7% to $103.99 in after-hours trading.</li>
<li>Alphabet Inc (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>) reported better-than-expected first-quarter financial results after the closing bell on Thursday. Alphabet announced a 5% increase to the dividend with the quarterly payout going to 21 cents per share. The company also announced the Board of Directions authorized a $70 billion share repurchase plan on April 23. Alphabet shares gained 4.8% to $166.95 in the after-hours trading session.</li>
<li>Analysts are expecting Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) to post quarterly earnings at 74 cents per share on revenue of $8.59 billion. The company will release earnings before the markets open. SLB shares gained 0.5% to $35.09 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) reported upbeat first-quarter financial results, but issued weak outlook for the second quarter. Intel said it expects second-quarter revenue to be in the range of $11.2 billion to $12.4 billion versus estimates of $12.84 billion. The company anticipates a second-quarter earnings loss of 32 cents per share versus estimates for a loss of 16 cents per share. Intel shares tumbled 5.1% to $20.40 in the after-hours trading session.</li>
<li>Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) posted mixed first-quarter results after Thursday&#8217;s closing bell. Gilead Sciences also lowered its fiscal 2025 earnings guidance from a range of $5.95 to $6.35 per share to a range of $5.65 to $6.05 per share, versus the $6.21 estimate. Gilead Sciences shares fell 3.3% to $102.65 in the after-hours trading session.</li>
</ul>
Check This Out:<a href="https://www.benzinga.com/25/04/44977071/wall-streets-most-accurate-analysts-weigh-in-on-3-materials-stocks-with-over-7-dividend-yields"> </a>
<ul>
<li><a href="https://www.benzinga.com/25/04/44977071/wall-streets-most-accurate-analysts-weigh-in-on-3-materials-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Materials Stocks With Over 7% Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

GILD

GOOG

GOOGL

INTC

Alphabet, Intel And 3 Stocks To Watch Heading Into Friday

The CNN Money Fear and Greed index some improvement in market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Thursday.
U.S. stocks settled higher on Thursday, with the Dow Jones index jumping more than 1% during the session to mark the first close above the 40,000 level since April 15.
Shares of Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) all settled higher on Thursday.
Bristol Myers Squibb &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) reported better-than-expected first-quarter results. PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) reported mixed first-quarter results and issued FY25 EPS guidance below estimates.
Meanwhile, signs of a potential thaw in the U.S.-China trade conflict emerged, with the White House reportedly considering exceptions for certain Chinese auto parts.
On the economic data front, the Chicago Fed National Activity Index declined to -0.03 in March compared to a reading of +0.24 in February. U.S. initial jobless claims climbed by 6,000 from the previous week to 222,000 during the third week of April. U.S. durable goods orders gained by 9.2% month-over-month to $315.7 billion in March.
Most sectors on the S&amp;P 500 closed on a positive note, with information technology, consumer discretionary and communication services stocks recording biggest gains on Thursday. However, consumer staples stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 487 points to 40,093.40 on Thursday. The S&amp;P 500 jumped 2.03% to 5,484.77, while the Nasdaq Composite surged 2.74% at 17,166.04 during Thursday's session.
Investors are awaiting earnings results from Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>), Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) and Colgate-Palmolive Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) today.
At a current reading of 30.9, the index remained in the &#8220;Fear&#8221; zone on Thursday, versus a prior reading of 28.4.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based
&nbsp;on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44977071/wall-streets-most-accurate-analysts-weigh-in-on-3-materials-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Materials Stocks With Over 7% Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

AMZN

NVDA

S&P 500 Rallies 2% On Nvidia, Tesla Gains — But Market Mood Stuck In 'Fear'

Despite growing skepticism on Wall Street, CNBC&#8217;s Jim Cramer remains optimistic about the future of artificial intelligence infrastructure and data center stocks.
What Happened: Cramer acknowledged the turbulence in AI stocks, especially following revelations from DeepSeek, a Chinese startup. On top of that, there&#8217;s anxiety about Donald Trump's tariff policies <a href="https://www.benzinga.com/markets/25/04/44780349/trumps-tariff-policies-fuel-economic-concerns-economists-expect-slower-growth-ahead">potentially hurting the broader economy</a>.
However, he thinks the data center boom isn't slowing down, <a href="https://www.cnbc.com/2025/04/24/jim-cramer-explains-why-hes-still-optimistic-on-data-center-buildout-.html">reported</a> CNBC on Thursday.
The Mad Money host mentioned that executives at Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp; have said <a href="https://www.benzinga.com/markets/25/04/44914250/amazon-follows-microsofts-lead-halts-some-data-center-deals-executive-says-routine-capacity-management">they're still spending big</a> on data centers.
Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) may be building <a href="https://www.benzinga.com/25/04/44733013/microsoft-shelves-1-billion-ohio-data-center-plans-amid-global-project-withdrawals-we-are-slowing-or-pausing-some-early-stage-projects">fewer data centers</a> for OpenAI, but Cramer said that's likely because ChatGPT-parent is now raising its own money to do it independently.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries" target="_blank" rel="noreferrer noopener">Trump Grants Tariff Reprieve to Tech – Including From China – In Surprise Move</a>
He believes that if trade tensions ease and AI enthusiasm resurges, several sectors are poised for significant growth, including:
<ul>
<li>Semiconductors: Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>)</li>
<li>Server and networking gear: Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>), Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>)</li>
<li>Data center builders and power suppliers: CoreWeave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), Vistra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</li>
<li>Cooling and climate control: Carrier Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>), Trane Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>)</li>
<li>Industrial manufacturers: Cummins (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>), Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>)</li>
</ul>
"These are very much cyclical companies, so you can't just buy them if you think we're headed into a recession," he stated, adding, "But if we get a reprieve on some of…these tariff issues and investors return to the AI trade, I just gave you everything that's going to fly again."
Why It's Important: In January, DeepSeek's assertion that its AI model was built at a fraction of the cost of its U.S. competitors led to Nvidia losing <a href="https://www.benzinga.com/25/02/43876025/nvidia-ceo-attributed-the-deepseek-led-sell-off-to-investor-misconception-on-ai-spending-obviously-that-paradigm-is-wrong">$600 billion in market cap</a> in just one day.
Meanwhile, earlier this week, the International Monetary Fund <a href="https://www.benzinga.com/government/regulations/25/04/44926902/imf-slashes-us-growth-outlook-as-trump-tariffs-bite-raises-recession-odds-to-40">significantly revised down its 2025 growth</a> forecast for the U.S., attributing the downgrade to President Trump&#8217;s broad tariffs and increasing economic uncertainty.
Benzinga Edge Stock Rankings gives the company a strong growth score of 94.78%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other top tech giants</a> such as Microsoft, Amazon, Broadcom, Arm, and more.
Image Via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44652222/trumps-tariffs-may-shift-us-spending-from-goods-to-services-creating-uncertainty-for-ecommerce-and-advertising-industries-analyst-warns" target="_blank" rel="noreferrer noopener">Tariffs To Impact End Demand: Goldman Sachs Analyst Expects Drag On Corporate Spending, Hiring</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Media

ANET

AVGO

CARR

CRWV

CSCO

MSFT

Jim Cramer Stays Bullish On Data Centers, Says If Trump Tariffs Eases, These AI Stocks 'Will Fly Again' Despite Wall Street Doubts

Despite recession fears and market speculation, tech giants Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) insist that the demand for artificial intelligence data centers remains robust.
What Happened: Executives from Amazon and Nvidia dismissed concerns about a potential slowdown in the construction of AI data centers, according to a report by <a href="https://www.cnbc.com/2025/04/24/amazon-and-nvidia-say-ai-data-center-demand-is-not-slowing-down-.html">CNBC</a>. Both executives spoke at a conference in Oklahoma City hosted by the Hamm Institute for American Energy on Thursday, where they addressed the rising energy demands driven by AI. They agreed that natural gas will be essential to meeting those power requirements.
Amazon&#8217;s vice president of global data centers, Kevin Miller, stated at a conference that there has been &#8220;no significant change&#8221; in demand. "We continue to see very strong demand, and we're looking both in the next couple years as well as long term and seeing the numbers only going up,&#8221; stated Miller.
Meanwhile, Josh Parker, Nvidia&#8217;s senior director of corporate sustainability, echoed Miller&#8217;s sentiment, stating that Nvidia has not observed any signs of a slowdown. Parker dismissed concerns sparked by AI startup DeepSeek&#8216;s efficient model, which led to a sell-off in power stocks earlier this year. He described the reaction as &#8220;kneejerk&#8221;. 
"We haven't seen a pullback," asserted Parker. 
SEE ALSO: <a href="https://benzinga.com/markets/25/04/44979972/us-treasury-hits-record-15-billion-in-customs-and-excise-tax-haul-amid-trumps-trade-policies" target="_blank" rel="noreferrer noopener">US Treasury Hits Record $15 Billion In Customs And Excise Tax Haul Amid Trump&#8217;s Trade Policies</a>
Why It Matters: The recent statements from Amazon and Nvidia executives contradicts recent speculation by Wells Fargo analysts about Amazon Web Services <a href="https://www.benzinga.com/markets/25/04/44914250/amazon-follows-microsofts-lead-halts-some-data-center-deals-executive-says-routine-capacity-management">pausing </a>some data center leases, particularly in international markets. This move followed a similar one by Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
On this, Miller stated, "there's been little tea leaf reading and extrapolating to strange results" regarding Amazon's plans.
Notably, AI data centers are transforming global energy markets due to their high electricity demands. The surge in AI has led to a significant increase in electricity consumption, with AI-driven workloads contributing significantly to the global data center electricity consumption, which reached 460 terawatt-hours in 2024, according to the <a href="https://www.benzinga.com/markets/commodities/25/04/44903001/ai-data-centers-reshaping-energy-markets-in-the-sixth-industrial-revolution">International Energy Agency</a>.
The growing energy needs for AI have led to companies investing heavily in localized power solutions, such as microgrids and battery storage systems, to stabilize supply. This trend has boosted demand for commodities like lithium and nickel, essential for batteries, with lithium prices up 15% since January 2025, according to S&amp;P Global Commodity Insights.
Amazon holds a Growth rating of 94.14% and a quality rating of 67.66%, according to <a href="https://www.benzinga.com/quote/AMZN" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities, <a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a> <a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
Price Action: Amazon stock climbed 3.29% to close at $186.54 on Thursday, while Nvidia climbed 3.6% to close at 106.43, as per data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. 
<ul>
<li>READ MORE: <a href="https://benzinga.com/news/25/04/44916608/mark-zuckerbergs-wife-priscilla-chans-tuition-free-school-to-shutdown-50-million-support-pledged-for-transition" target="_blank" rel="noreferrer noopener">Mark Zuckerberg&#8217;s Wife Priscilla Chan&#8217;s Tuition-Free School To Shutdown, $50 Million Support Pledged For Transition &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Amazon, Nvidia Dismiss Fears Of AI Data Center 'Pullback': 'We Continue To See Very Strong Demand'

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