SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ: FCTE)

Dernières nouvelles pour SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE)

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The Fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index (S&P 500). The stocks are chosen using a Full-Cycle Trend (FCT) strategy developed by an affiliate of the Adviser, 3Fourteen Research, LLC (3Fourteen). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis.

Philip Morris International

NVIDIA Corporation

Brown & Brown Inc

Apple Inc

Oracle Corp.

Cintas Corp

Trane Technologies Plc

3m Co.

Colgate-Palmolive Co

Amphenol Corp. - Cl A

Marketaxess Holdings Inc.

Leidos Holdings Inc

Waters Corp

Lockheed Martin Corp

Nvr Inc.

Alphabet Inc-cl A

Air Products & Chemicals

WW Grainger Inc

Resmed Inc.

Deckers Outdoor Corp

Anet- Arista Networks Inc Com Shs

Fair Isaac Corp

F5 Inc

Msci Inc

SMI 3Fourteen Full-Cycle Trend ETF

Investors, including former Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull Ross Gerber, appear increasingly skeptical of CEO Elon Musk's ambitious projections following the electric vehicle maker's rough first-quarter results, which saw profits plunge 71% year over year.
What Happened: On Tuesday evening, Gerber posted a cryptic message on X, saying, &#8220;This song is perfect,&#8221; alongside a link to Michael Franti and Spearhead's 2006 track Sweet Little Lies on Apple Music.
<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 song is perfect. <a href="https://t.co/a2UXKa5nVO">https://t.co/a2UXKa5nVO</a>
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1914820741117436045?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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See More: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
In a separate post, Gerber said that in the 11 years that he&#8217;s been covering the company, this is the worst performance he&#8217;s seen. &#8220;I get Elon will tell everyone about trillions of TAM [total addressable market] and robots taking over the world… anything to get you not to look at the facts,&#8221; he says.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've done Tesla calls for 11 years. This is the worst performance I've seen in Tesla's history. I get Elon will tell everyone about trillions of TAM and robots taking over the world… anything to get you not to look at the facts. As Elon darts off to xAI after he announces he is…
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1914692869073592478?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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Some analysts, however, are finding silver linings in Tesla's latest results. Gary Black, managing partner at The Future Fund, said on X that the company's "earnings quality was fairly high" this quarter, pointing out that, unlike previous periods, profits weren't heavily propped up by sales of zero-emission vehicle (ZEV) credits.
Black also says that Tesla's operating, other operating, and non-operating expenses were significantly higher during the quarter, further reinforcing his point of earnings quality being fairly high.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">2/ <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> earnings quality was fairly high: Unlike prior quarters, TSLA's P&amp;L did not get much of a boost from sale of ZEV credits ($595M), SG&amp;A (6.5% of Rev), and Other expense lines (Other operating expense -$94M, Other non-operating expense -$119M), which came in worse than…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1914787926262546711?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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Why It Matters: Analysts and even investors who were previously bullish on the company have voiced their concerns regarding Musk&#8217;s time away from the company.
This includes Dan Ives of Wedbush Securities, who on Tuesday said, &#8220;Musk <a href="https://benzinga.com/analyst-ratings/analyst-color/25/04/44933432/tesla-in-code-red-situation-as-analyst-flags-6-threats-tied-to-musks-government-role">needs to leave the govt</a>, take a step back on DOGE, and get back to being CEO of Tesla full-time in our view.&#8221;
Musk, who&#8217;s been spearheading the U.S. Government&#8217;s Department of Government Efficiency said during the earnings call on Tuesday that he will be <a href="https://benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-back-ceos-focus-to-shift-to-tesla-beginning-may">spending significantly less time</a> on DOGE, starting from May, allowing him to focus more on Tesla. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="139" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-1024x139.png" alt="" class="wp-image-883292" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-1024x139.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-768x104.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-1536x208.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM.png 1592w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Tesla scores well across all metrics, besides Value, but the price trend is unfavorable in short, medium, and long-term. 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</a> today!
Photo Courtesy: Around the World Photos On Shutterstock.com
Read More: <a href="https://www.benzinga.com/tech/25/04/44941657/elon-musk-equates-car-ownership-in-future-to-riding-a-horse-while-using-a-flip-phone-pierre-ferragu-says-teslas-iphone-moment-hinges-on-full-autonomy">Elon Musk Equates Car Ownership In Future To Riding A Horse While Using A Flip Phone — Pierre Ferragu Says Tesla&#8217;s &#8216;iPhone Moment&#8217; Hinges On Full Autonomy</a>

News

Markets

Analyst Ratings

TSLA

Tesla's 'Sweet Little Lies' Hide 'Worst Performance' Ever? Elon Musk's Robot Takeover Talk Is Just A Smokescreen, Says Ross Gerber

<ul>
<li>VERAXA's Novel BiTAC Platform has the Potential to Deliver Multiple Next-Generation Solid Tumor Cancer Therapies, Including Novel Antibody-Drug Conjugate ("ADC") and Bispecific T-cell Engager ("TCE") Candidates, with Strong and Differentiated Clinical Profiles</li>
<li>Company Pursuing Multiple Strategic Partnerships and Licensing Opportunities in 2025 and 2026</li>
<li>Transaction Values VERAXA at a Pre-money Equity Value of $1.3 Billion</li>
<li>Actively Working with Existing and New VERAXA Investors to Raise a Crossover Financing Round, which is Expected to Close Ahead of the Business Combination, Alongside up to $253 Million in Cash Held in Trust</li>
<li>Business Combination is Expected to be Completed in the Fourth Quarter of 2025</li>
<li>A Joint Investor Presentation Providing an Overview of the Proposed Transaction can be Viewed: <a href="https://dealroadshow.com/e/VER2025">https://dealroadshow.com/e/VER2025</a></li>
</ul>

VACH

VERAXA Biotech to Merge With Voyager In $1.3B Business Combination, Launching Nasdaq-Listed Oncology Company

<ul>
<li>Innate to regain its rights on CD123 targeting ANKET&#xAE; SAR443579 (SAR'579) /IPH6101 currently in development for AML</li>
<li>Potential investment of up to €15M by Sanofi in Innate Pharma through a capital increase, subject to market conditions</li>
<li>Sanofi to continue development of BCMA targeting ANKET&#xAE; program in autoimmune indications</li>
<li>Innate still eligible for more than €1 billion R&amp;D and commercial milestones</li>
</ul>

IPHA

Innate Pharma Regains SAR'579 Rights For AML As Sanofi Proposes €15M Strategic Equity Investment

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) to report quarterly earnings at $1.61 per share on revenue of $9.12 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Philip Morris shares gained 0.9% to $165.51 in after-hours trading.</li>
<li>Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) reported stronger-than-expected first-quarter financial results after the market close on Tuesday. The company shipped 3.5 million tons of steel during the first quarter and generated $230 million of operating income from its steel operations. Steel Dynamics shares gained 1.6% to $119.31 in the after-hours trading session.</li>
<li>Analysts are expecting GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) to post quarterly earnings at 42 cents per share on revenue of $7.54 billion. The company will release earnings before the markets open. GE Vernova shares gained 2.4% to $333.96 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) posted weaker-than-expected earnings and sales results for its first quarter on Tuesday. The company said plans for more affordable models remain on track to start production in the first half of 2025. Tesla shares gained 5.4% to $250.80 in the after-hours trading session.</li>
<li>Analysts expect AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) to post quarterly earnings at 49 cents per share on revenue of $30.35 billion before the opening bell. AT&amp;T shares gained 0.7% to $27.14 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44920101/top-2-tech-and-telecom-stocks-you-may-want-to-dump-this-quarter">Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter</a> </li>
</ul>
Photo via Shutterstock

Earnings

Pre-Market Outlook

STLD

Tesla, Philip Morris International And 3 Stocks To Watch Heading Into Wednesday

The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/BA/earnings">opening bell on Wednesday, April 22.</a>
Analysts expect the Arlington, Virginia-based company to report a quarterly loss at $1.30 per share, versus a year-ago loss of $1.13 per share in the year-ago period. Boeing projects to report quarterly revenue at $19.79 billion, compared to $16.57 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Boeing recently finalized an agreement to sell parts of its Digital Aviation Solutions division to Thoma Bravo for $10.55 billion in cash.
Boeing shares rose 2% to close at $162.52 on Tuesday.
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/BA/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Benchmark analyst Josh Sullivan maintained a Buy rating and cut the price target from $250 to $215 on April 21, 2025. This analyst has an accuracy rate of 83%.</li>
<li>Wells Fargo analyst Matthew Akers maintained an Underweight rating and slashed the price target from $113 to $111 on April 15, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Citigroup analyst Jason Gursky maintained a Buy rating and raised the price target from $207 to $210 on Feb. 10, 2025. This analyst has an accuracy rate of 76%.</li>
<li>JP Morgan analyst Seth Seifman maintained an Overweight rating and boosted the price target from $190 to $200 on Jan. 29, 2025. This analyst has an accuracy rate of 80%.</li>
<li>RBC Capital analyst Ken Herbert maintained an Outperform rating with a price target of $200 on Jan. 29, 2025. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying BA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="592" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-1024x592.png" alt="" class="wp-image-883297" style="width:616px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-1024x592.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-768x444.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21.png 1102w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44920101/top-2-tech-and-telecom-stocks-you-may-want-to-dump-this-quarter">Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter</a> </li>
</ul>
Photo via Shutterstock

Price Target

Trading Ideas

Boeing Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) has revealed a collaboration with major defense contractors on an artificial intelligence-powered combat vehicle, connected to its <a href="https://www.benzinga.com/government/regulations/25/03/44190445/palantir-delivers-ai-powered-battle-stations-to-us-army-stock-now-comparable-to-tesla-circa-2015-analyst">Tactical Intelligence Targeting Access Node program</a>.
What Happened: The data analytics company teased the project through social media, showcasing what appears to be a rugged military vehicle developed alongside Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), Anduril Industries, L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>), Sierra Nevada Corporation, World Wide Technology, and Pacific Defense Strategies.
The TITAN system represents Palantir&#8217;s <a href="https://www.benzinga.com/government/regulations/25/03/44190445/palantir-delivers-ai-powered-battle-stations-to-us-army-stock-now-comparable-to-tesla-circa-2015-analyst">expansion as a prime defense contractor</a>, moving beyond software into integrated hardware solutions. Palantir delivered the system&#8217;s first mobile battle stations to the Army earlier this year, meeting time and budget requirements according to company executives.
Each TITAN system consists of a lightweight industrial truck and trailer, powered by Palantir&#8217;s artificial intelligence that gathers data from multiple sources, including satellites. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In theaters now. <a href="https://t.co/RFibbHvxaX">pic.twitter.com/RFibbHvxaX</a>
&mdash; Palantir (@PalantirTech) <a href="https://twitter.com/PalantirTech/status/1914757613918601479?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
Why It Matters: This collaboration aligns with Palantir&#8217;s recent work on Hivemind technology with Shield AI, enabling autonomous threat <a href="https://www.benzinga.com/24/12/42362578/ai-driven-defense-palantirs-new-partnership-with-shield-ai-aims-for-scalable-precision-solutions">detection without human control</a>. The partnership reflects the broader defense industry trend of combining AI software with specialized hardware to create integrated systems for faster battlefield decision-making.
Palantir has significantly expanded its defense footprint recently, finalizing a deal with NATO in March for its Maven Smart System, which enhances <a href="https://www.benzinga.com/government/regulations/25/04/44792590/palantir-stock-jumps-9-after-nato-adopts-ai-system-for-military-ops">military intelligence fusion and targeting capabilities</a>. The company&#8217;s stock has surged over 300% in the past year as investors anticipate continued growth from both defense contracts and commercial AI applications.
Price Action: Palantir stock closed at $93.99 on Tuesday, up 3.51%. In after-hours trading, it rose 4.12% to $97.86. Year to date, the stock is up 25%.
Palantir shows strong momentum and growth potential, according to Benzinga Edge Stock Ranking, but faces weak valuation and a negative short- to medium-term price trend. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
Read Next:
<ul>
<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it?tblci=GiAShVRBa42nCBtWlx7IMC67Vo2BcWpr85L5I7snseW6sCCN1VcolqTZ7-yIiJzNATDviEo" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: slyellow / Shutterstock.com

Equities

PLTR

Palantir Teases TITAN AI Combat Vehicle With Northrop Grumman, Anduril, L3Harris

Some retirees could miss their May benefit checks, former Social Security Commissioner Martin O'Malley cautioned Monday, blaming deep staffing cuts and repeated computer outages for what he called a looming "interruption of benefits."
What Happened: Speaking at a packed town hall hosted by U.S. Reps. Laura Gillen (D-N.Y.) and Tom Suozzi (D-N.Y.), O'Malley said the agency has shed 7,000 workers — half of them from the tech team — since President Donald Trump took office in January, as noted in a <a href="https://www.longislandpress.com/2025/04/22/social-security-delay-breifing/">report</a> by Long Island Press, a free monthly news and lifestyle magazine.
The ex-commissioner, who ran the agency under President Joe Biden from 2023 to 2024, warned that lean staffing has already slowed claims processing and triggered multiple system crashes. "I've never hoped I was wrong so much in my life," he told about 200 anxious constituents at Long Island University.
The Social Security Administration did not immediately respond to Benzinga&#8217;s request for comments.
Suozzi slammed the cuts as penny-wise and pound-foolish, noting they shave just 0.06 percent off the agency's budget. Union leader Edwin Osorio agreed, saying employees are "struggling to keep the lights on" while call-center wait times balloon. Gillen, meanwhile, urged residents to log every delay so her office can press for fixes, while Suozzi encouraged bipartisan pressure on lawmakers and the White House.
See also: <a href="https://www.benzinga.com/personal-finance/25/04/44917637/calendar-glitch-brings-two-ssi-checks-in-may-but-theres-a-catch">Calendar Glitch Brings Two SSI Checks In May — But There&#8217;s A Catch</a>
No checks have been delayed yet, all three speakers stressed. Still, O'Malley said the program that 69 million Americans rely on is at risk if staffing and IT resources aren't restored soon.
Why It Matters: O&#8217;Malley&#8217;s comment at the town hall arrives days after former President Joe Biden delivered a speech in Chicago, <a href="https://www.benzinga.com/25/04/44829975/joe-biden-calls-social-security-a-sacred-promise-slams-trump-administrations-efforts-to-damage-the-program-theyre-shooting-first-and-aiming-later">criticizing</a> the Trump administration for its approach to Social Security.
Biden&#8217;s comments were swiftly rebutted by the Social Security Administration, which accused the former president of lying in a series of posts on X. The Administration said Trump &#8220;has repeatedly promised to protect Social Security.&#8221;
Particularly, the establishment of the Department of Government Efficiency under the Trump administration has sparked anxiety among seniors. DOGE, tasked with cost-cutting, has led to significant job cuts and reorganization within the federal government. DOGE, overseen by Elon Musk, has even called it &#8220;<a href="https://www.benzinga.com/news/25/03/44156805/elon-musk-once-again-calls-social-security-the-biggest-ponzi-scheme-of-all-time-struggles-to-explain-to-joe-rogan-why" target="_blank" rel="noreferrer noopener">the biggest Ponzi scheme</a>&#8221; of all time.
Additionally, recent updates to Social Security rules, effective April 2025, are <a href="https://www.benzinga.com/personal-finance/25/04/44682363/aprils-social-security-changes-how-new-rules-could-affect-your-check">reshaping benefits for millions</a>. These changes include larger checks and new identification requirements, impacting retirees, survivors, and those on spousal benefits.
Photo Courtesy: Jason Raff On Shutterstock.com
Read next: <a href="https://www.benzinga.com/personal-finance/25/04/44901238/even-missing-one-monthly-benefit-would-put-me-on-step-to-homelessness-americans-react-to-social-securitys-new-anti-fraud-rules" target="_blank" rel="noreferrer noopener">‘Even Missing One Monthly Benefit Would Put Me On Step To Homelessness': Americans React to Social Security's New Anti-Fraud Rules</a>

Government

Social Security Payments Could Face Interruptions In May, Warns Former Commissioner Martin O'Malley: 'Never Hoped I Was Wrong So Much In My Life'

Polymarket punters lowered the odds of a U.S. recession in 2025 on Tuesday, even as the International Monetary Fund acknowledged that the risk of a slump has risen substantially.
What happened: The odds in favor of the betting contract titled &#8220;US recession in 2025?&#8221; dipped 57% to 53% in the last 24 hours on the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>)-based prediction platform. The probability was 35% a month ago.
Meanwhile, $3.189 million has already been bet on the outcome. This market will resolve to &#8220;Yes&#8221; if the National Bureau of Economic Research declares a recession before January 1, 2026, or if the seasonally adjusted annualized percent change in quarterly U.S. real GDP is negative for two consecutive quarters.
Interestingly, the lowered probability contrasted with the forecast of the IMF, which <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">raised its U.S. recession odds</a> to 40%.
Moreover, in its April 2025 World Economic Outlook, the IMF projected U.S. GDP growth at just 1.8% for the year, marking a 0.9 percentage point cut from its January forecast. The global organization linked the downgrade to President Donald Trump&#8217;s sweeping tariff policies.
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/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Why It Matters: The dip in odds coincided with a <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44941092/bitcoin-ethereum-dogecoin-pump-along-with-stock-on-us-china-trade-war-de-escalation-hopes-analyst-flags-95600-98290-as-btcs-next-key-resistance">marked resurgence in the stock market and cryptocurrencies</a> after U.S. Treasury Secretary Scott Bessent hinted at a potential de-escalation in trade hostilities with China at a Washington event.
While the  Dow Jones Industrial Average snapped a four-day losing streak,  Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sailed past $93,000 for the first time since early March. 
Photo Courtesy: ShutterstockProfessional On Shutterstock.com
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</ul>

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

Cryptocurrency

Economics

$BTC

$POL

Recession Odds Upped By IMF To 40%, But Polymarket Traders See Less Likelihood As Stocks, Bitcoin Rally

On Tuesday, during Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">first-quarter earnings</a> call, CEO Elon Musk predicted that car ownership will soon become obsolete.
What Happened: Musk said that most people will no longer buy cars in the future, framing the shift as an inevitable change. He compared traditional gasoline vehicles to outdated technologies, likening them to flip phones in an era dominated by smartphones.&nbsp;
&#8220;In the not too distant future, buying a gasoline car that is not autonomous will be like riding a horse while using a flip phone,&#8221; Musk stated.
The tech mogul's comments came in response to an inquiry from Pierre Ferragu, an analyst at New Street Research, who had questioned why Tesla&#8217;s Model 3 and Model Y haven't captured a larger portion of the market.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
&#8220;Why are there so many people still buying BMWs and Mercedes?&#8221; he asked.&nbsp;
Ferragu compared the Model 3 to the iPhone, noting how it represented a &#8220;revolutionary product&#8221; with the potential to dominate the car industry in the same way Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) transformed the smartphone market.
Following the earnings call, Ferragu took to X, formerly Twitter, and interpreted Musk's words, saying, ​​&#8221;My interpretation of Elon's response: Tesla will become the iPhone of cars when it is fully self-driving.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Like riding a horse, speaking into a flip phone. &#x1f602; My interpretation of Elon's response: Tesla will become the iPhone of cars when it is fully self-driving.
&mdash; Pierre Ferragu (@p_ferragu) <a href="https://twitter.com/p_ferragu/status/1914814367519891580?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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</figure>
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.
Why It&#8217;s Important: Tesla reported first-quarter revenue of $19.34 billion, marking a 9% decline compared to the same period last year. The figure came in below Wall Street expectations, falling short of the $21.35 billion consensus estimate.
The EV giant reaffirmed that its plans to launch more affordable models are progressing as scheduled, with production set to begin in the first half of 2025.&nbsp;
Tesla also confirmed that its Robotaxi offering, dubbed the Cybercab, is slated to enter volume production in 2026.
Earlier this month, Tesla disclosed that its Giga Texas production facility uses <a href="https://www.benzinga.com/tech/25/04/44787364/tesla-deploys-unsupervised-fsd-at-giga-texas-to-move-cars-from-factory-to-lot">Unsupervised Full Self-Driving</a> (FSD) technology to move vehicles from the production line to the outbound logistics lot.
Tesla&#8217;s FSD system relies on a camera-based approach, which is believed to be less precise than the LiDAR-based systems used by companies like Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Waymo.
Waymo has also logged over 20 million miles using Unsupervised FSD, significantly outpacing Tesla in terms of real-world autonomous driving experience. Despite this, the <a href="https://www.benzinga.com/general/entertainment/25/04/44730939/jeremy-clarksons-trolley-problem-question-about-driverless-cars-from-ages-ago-continues-to-pose-a-moral-dilemma-for-auto-makers">broader debate around self-driving</a> technology remains unresolved.
Tesla's FSD capabilities have <a href="https://www.benzinga.com/25/03/44068902/tesla-fsd-like-a-12-year-old-driving-compared-to-waymo-says-ross-gerber-warning-uber-has-got-to-be-hurting">faced criticism from experts</a> who argue that they fall short of Waymo's performance.
Price Action: Tesla shares rose 4.60% on Tuesday, closing at $237.97. Despite the daily gain, the stock remains down 37.26% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Based on Benzinga Edge Stock Rankings, Tesla currently holds a growth score of 67.63%. <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</a> other companies in the sector.
Photo Courtesy: Shutterstock.com
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<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</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.

Tech

AAPL

GOOG

GOOGL

Elon Musk Equates Car Ownership In Future To Riding A Horse While Using A Flip Phone — Pierre Ferragu Says Tesla's 'iPhone Moment' Hinges On Full Autonomy

On Tuesday, OpenAI's behind-the-scenes efforts to improve ChatGPT&#8217;s search capabilities have come to light in a <a href="https://www.benzinga.com/news/legal/25/04/44876356/google-scores-partial-win-in-antitrust-case-but-faces-setback-on-publisher-tools">high-profile antitrust trial</a> targeting 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>)-owned Google's dominance in online search.
What Happened: During testimony at the Department of Justice's antitrust trial against Google in Washington, OpenAI executive Nick Turley revealed that the company had attempted to partner with Google to enhance ChatGPT&#8217;s search function, reported Reuters.
The request came after Sam Altman-led OpenAI faced performance issues with its current search provider. While Turley did not name the provider, ChatGPT relies on Microsoft Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Bing search engine for <a href="https://www.benzinga.com/news/24/01/36678991/microsofts-bing-sees-modest-growth-with-chatgpt-integration-but-google-still-leads-the-search-market">its search functionality</a>.
However, Google declined the request, citing the involvement of too many competitors, as per the email shown at trial.
"We have no partnership with Google today," Turley said on the stand. He added that ChatGPT is still several years from reaching its goal of using its own search technology to handle 80% of user queries, the report noted.
Turley also testified that OpenAI would be <a href="https://www.benzinga.com/markets/equities/24/11/42084064/perplexity-ceo-asks-if-ai-startup-should-acquire-google-chrome-following-dojs-antitrust-push-against-search-giant">interested in buying</a> Google's Chrome browser — if antitrust enforcers were to force Alphabet to divest the product as part of a remedy to restore competition in search.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
Why It&#8217;s Important: The trial stems from the DOJ's claim that Google maintains its monopoly through exclusive default search deals. As of October 2024, Google Chrome held the largest share of the U.S. browser market at over 54%, with Apple's Safari coming in second at 31%, according to Statista.
The DOJ's proposed remedies require <a href="https://www.benzinga.com/government/regulations/24/11/42143421/staggering-google-breakup-proposal-from-doj-a-kitchen-sink-moment-alphabet-analyst">Google to sell its Chrome</a> web browser and end default search engine deals with companies such as Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). The ongoing trial will decide on these measures, with a final decision anticipated in August.
Previously, it was reported that in a <a href="https://www.benzinga.com/markets/equities/25/03/44134685/google-fights-back-against-doj-antitrust-cases-says-breakup-threatens-economy-national-security-report">meeting with government officials</a>, Google representatives voiced serious concerns over the proposed remedies, warning they could drastically impact the company's operations.
Price Action: Alphabet Inc. Class A shares closed Tuesday at $151.47, up 2.57%, and climbed another 2.18% in after-hours trading to $154.77. Class C shares finished at $153.90, rising 2.70%, with an additional after-hours gain of 2.05% to $157.05, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
According to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>, the company currently has a growth score of 64.44%. Click here to see how it stacks up against other companies in the sector.
Photo Courtesy: Hadrian On Shutterstock.com
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<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Media

MSFT

OpenAI Eyes Chrome Takeover: Sam Altman Ready To Pounce If Google Forced To Sell The Web Browser, Executive Reveals

Fartcoin (FARTCOIN) has emerged as the new cryptocurrency growth story of 2025, defying macroeconomic pressures that have deflated many of the space&#8217;s major coins.
What happened: The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based token soared 121%, becoming the second-highest cryptocurrency gainer in the last 30 days. FARTCOIN added over $600 million to its market capitalization in this period.
The performance dwarfs the returns of market giants like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), which rose 7.80% and 4.5%, respectively, over the month.
Notably, the growth came amid mounting fears of a recession, induced by President Donald Trump's <a href="https://www.benzinga.com/news/25/04/44893608/trumps-tariffs-add-financial-strain-for-new-parents-amid-rising-baby-gear-costs">sweeping tariff measures</a> against key trade partners.
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/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Speculative interest in the coin has skyrocketed. According to Coinglass, Open Interest, or money locked in derivatives, <a href="https://www.coinglass.com/BitcoinOpenInterest">jumped</a> threefold over the last month to $567 million.
Social analytics firm LunarCrush highlighted how social mentions for the coin increased in the run-up to the price rise, indicating a link between social activity and price swings.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Last week, we highlighted the notable increase in social activity surrounding $FARTCOIN. Today, $FARTCOIN is the top price gainer among the top 100 cryptocurrencies (+22%). This is why tracking social metrics matters. <a href="https://t.co/lfKUIszcU6">https://t.co/lfKUIszcU6</a>
&mdash; LunarCrush.com Social Data (@LunarCrush) <a href="https://twitter.com/LunarCrush/status/1914877136240042027?ref_src=twsrc%5Etfw">April 23, 2025</a></blockquote>
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Price Action: At the time of writing, FARTCOIN was exchanging hands at $1.16, up 14.91% 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>. Year-to-date, the memecoin has spiked 24%.
Photo Courtesy: alfernec on Shutterstock.com
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44890965/shiba-inu-team-issues-major-anti-scam-alert-heres-what-you-need-to-know">Shiba Inu Team Issues Major Anti-Scam Alert: Here&#8217;s What You Need To Know</a></li>
</ul>

Movers

$DOGE

$SOL

Fartcoin Soars 121% In A Month, Dwarfs Bitcoin, Dogecoin Amid Trump Tariff-Induced Economic Jitters

Macroeconomic expert Nouriel Roubini, commonly referred to as &#8220;Dr. Doom,&#8221; has pushed back against President Donald Trump&#8217;s verbal jabs at Fed Chair Jerome Powell, and his escalating attacks on the Federal Reserve&#8217;s autonomy, amid demands for a preemptive rate cut.
What Happened: On Tuesday, Roubini&#8217;s post on X criticized Trump&#8217;s taunts and insults aimed at the Federal Reserve Chair, calling it a &#8220;clumsy blame game,&#8221; which he believes is the only &#8220;semi-rational explanation&#8221; for the president&#8217;s recent behavior.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Powell cannot change monetary policy on his own even if he wanted to: a majority of the FOMC gotta vote for it and the FOMC will not cut rates as inflation will start going higher as tariffs kick in. Even if Trump were to fire Powell he would not be able bend the FOMC . Trump is… <a href="https://t.co/B30NvKW6U3">pic.twitter.com/B30NvKW6U3</a>
&mdash; Nouriel Roubini (@Nouriel) <a href="https://twitter.com/Nouriel/status/1914382167204917735?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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Roubini believes that Trump is now setting the stage to blame Powell and the Federal Reserve for the coming slowdown in growth and recession, resulting from his administration&#8217;s tariffs.
See More: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
He said that Powell alone cannot cut interest rates, since it has to be voted on by a majority of the Federal Open Market Committee (FOMC). The FOMC is not going to cut interest rates, he says, because inflation will begin rising again once the tariffs start to kick in.
Roubini added that Trump is "shooting himself in the foot" by floating the idea of firing Powell, noting that the <a href="https://benzinga.com/government/regulations/25/04/44904179/wall-street-sinks-dollar-slides-as-trump-ramps-up-fed-attacks-whats-driving-markets-monday">markets slid in response</a>, with bond yields and credit spreads surging and the dollar continuing to weaken, a move he described as "a repeated own goal."
&#8220;If [the] Fed were to blink and cut short policy rates, the bond yields would go much higher, and equities lower as [the] Fed would be behind the curve in anchoring inflation expectations at a time of inflationary tariffs,&#8221; Roubini says, adding that Powell is, in effect, helping Trump by &#8220;not blinking.&#8221;
Even if Trump were to fire Powell, likely after winning a Supreme Court battle that rules in his favor, Roubini believes that this would be a &#8220;pyrrhic victory,&#8221; as it would lead to &#8220;de-anchoring of inflation expectations,&#8221; which means that the market&#8217;s inflation expectations will start to drift, ultimately leading to higher bond yields.
Why It Matters: Trump has <a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">since walked back</a> on his comments regarding firing Powell, saying that he had &#8220;no intention,&#8221; and that he &#8220;never did,&#8221; leading to a rally in the markets, the Dollar, and the Treasuries.
Roubini has been a <a href="https://www.benzinga.com/25/04/44620056/dr-doom-nouriel-roubini-trumps-liberation-day-tariff-label-is-orwellian-doublespeak-us-playing-with-fire">vocal critic of Trump&#8217;s tariffs</a> since the beginning, referring to the term &#8220;Liberation Day&#8221; as &#8220;Orwelian Double-Speak,&#8221; while adding that tariffs would only lead to &#8220;lower growth and higher inflation.&#8221;
He has also repeatedly warned that the <a href="https://benzinga.com/markets/25/04/44677685/dr-doom-roubini-warns-markets-delusional-about-fed-rescue-as-trump-xi-jinping-jerome-powell-locked-in-high-stakes-standoff">markets were delusional</a> about the Federal Reserve&#8217;s willingness to step in, calling it a &#8220;three-way game of chicken&#8221; between Trump, Powell, and Chinese President Xi Jinping, with Trump being most likely to blink first.
Photo Courtesy: Prometheus72 on Shutterstock.com
Read More: <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">Warren Buffett Says Millions Are Trapped Living An &#8216;American Nightmare&#8217; — But Proposes A Tool &#8216;Far More Useful&#8217; Than Raising Minimum Wage</a>

'Dr. Doom' Rips Trump Over Fed Attacks: Fed Chair Helping President By Not Blinking In 'Clusmy Blame Game' As Rate Cuts Could Backfire

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk's renewed focus on <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-back-ceos-focus-to-shift-to-tesla-beginning-may">leading the electric vehicle company</a> and plan to reduce his involvement in government affairs drew praise from Wedbush Securities analyst Dan Ives.
What Happened: During Tesla&#8217;s <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">first-quarter earnings call Tuesday</a>, Musk announced he would reduce his involvement with the Department of Government Efficiency (DOGE) beginning in May, limiting his government work to &#8220;a day or two per week.&#8221;
&#8220;Musk has handled the conference call very well. Recommit to Tesla and major step back on DOGE. This was well communicated by Musk on this call in our view&#8230;needed to hear this tone and direction,&#8221; Ives wrote on social media platform X following the call.
In a CNBC <a href="https://www.youtube.com/watch?v=8h08VWiJ9tE">interview</a> Tuesday, Ives characterized Tesla&#8217;s first-quarter results as &#8220;a disaster,&#8221; with deliveries &#8220;significantly&#8221; missing expectations. The company reported revenue of $19.34 billion, down 9% year-over-year and below consensus estimates of $21.35 billion.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Musk has handled the conference call very well. Recommit to Tesla and major step back on DOGE. This was well communicated by Musk on this call in our view…needed to hear this tone and direction as discussed on <a href="https://twitter.com/CNBCOvertime?ref_src=twsrc%5Etfw">@CNBCOvertime</a> <a href="https://t.co/4m3B05ezSs">https://t.co/4m3B05ezSs</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1914802365187919933?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44935804/will-tariffs-leave-a-mark-business-activity-data-lands-wednesday-in-first-read-since-trumps-move">Will Tariffs Leave A Mark? Business Activity Data Lands Wednesday In First Read Since Trump&#8217;s Move</a>
Why It Matters: Ives, who maintains a bullish stance on Tesla despite recent concerns, had previously warned of a &#8220;$100 overhang per share&#8221; if Musk remained heavily involved in government activities. He described the earnings call as &#8220;the most important conference call he&#8217;s ever had&#8221; due to mounting brand damage from Musk&#8217;s political associations.
&#8220;If he stays and he doubles down and recommits, then I think this starts to become an avalanche that you can&#8217;t control,&#8221; Ives said, adding that Tesla faces approximately &#8220;15-20% brand damage&#8221; already.
Tesla&#8217;s guidance noted difficulty predicting growth rates due to shifting global trade policies, macroeconomic factors, and &#8220;changing political sentiment.&#8221; The company confirmed its lower-cost vehicle remains on track for production in the first half of 2025.
Price Action: Tesla closed at $237.97 on Tuesday, up 4.60%. After hours, it rose 5.39% to $250.80. The stock is down 37.26% year to date.
According to Benzinga Edge Stock Rankings, Tesla scores in the 13th percentile for Value and the 67th percentile for Growth. How do other EV rivals stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
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<li><a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joshua Sukoff / Shutterstock.com

Politics

Dan Ives Calls Elon Musk's Tesla Recommitment 'Most Important Call He's Ever Had' As CEO Scales Back DOGE Role

U.S. stock futures saw an uptick Tuesday night following President Donald Trump&#8216;s statement that he <a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">has &#8220;no intention&#8221; of dismissing</a> Federal Reserve Chair Jerome Powell. For the day, the Dow Jones Industrial Average ended 2.7% higher at 39,186.98, while the S&amp;P 500 rose 2.5% to 5,287.76 and the tech-heavy Nasdaq ended Tuesday higher by 2.7% to 16,300.42.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 4.60%, closing at $237.97. The stock hit an intraday high of $242.79 and a low of $229.85, with a 52-week range between $488.54 and $141.11. In the after-hours trading, the stock rose 5.4% to $250.80. The electric vehicle maker reported first-quarter financial results, revealing a <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">revenue and EPS miss</a>. The company&#8217;s guidance is clouded by the &#8220;tariff landscape&#8221; and &#8220;changing political sentiment.&#8221; First-quarter revenue came in at $19.34 billion, missing an estimate of $21.35 billion. On Tuesday, CEO Elon Musk said that he plans to spend only a &#8220;day or two&#8221; per week on government work going forward and <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-ba">refocus his attention</a> on Tesla.
Intel Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
Intel&#8217;s stock climbed 3.56%, ending the day at $19.51. It reached an intraday high of $19.74 and a low of $19.04, with a 52-week high of $37.16 and a low of $17.67. The company <a href="https://www.benzinga.com/25/04/44940832/intel-plans-to-slash-over-20-of-workforce-in-major-restructuring-under-new-ceo-lip-bu-tan-report">plans to cut over 20% of its workforce</a> as part of a major restructuring under new CEO Lip-Bu Tan. This move aims to reduce bureaucracy and enhance engineering focus. In the after-hours trading, Intel stock rose 2% to $19.90.
Enphase Energy Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)
Enphase Energy saw a 3.51% increase, closing at $53.43. The stock&#8217;s intraday high was $54.72, and the low was $51.95, with a 52-week range of $141.59 to $47.48. The solar company reported a <a href="https://www.benzinga.com/news/earnings/25/04/44938718/enphase-energy-q1-earnings-revenue-miss-eps-miss-cautious-guidance-shares-sink">revenue and EPS miss</a> for the first quarter, with cautious guidance leading to a decline in shares. The company reported first-quarter revenue of $356.1 million, missing the consensus estimate of $361.43 million. The stock dropped 9.9% to $48.14 in after-hours trading.
Oklo Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>)
Oklo&#8217;s stock jumped 5.59%, closing at $21.53. It reached an intraday high of $21.98 and a low of $20.62, with a 52-week high of $59.14 and a low of $5.35. The stock fell in after-hours trading by 3.5% following Sam Altman&#8216;s decision to <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44937524/oklo-stock-falls-as-sam-altman-steps-down-as-board-chair-now-is-the-right-time">step down as board chair</a>, aiming to provide the company with more partnership opportunities.
RTX Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>)
RTX shares dropped 9.81%, closing at $113.75. The stock&#8217;s intraday high was $117.19, and the low was $112.63, with a 52-week range of $136.17 to $99.07. Despite strong first-quarter earnings and cash flow, the <a href="https://www.benzinga.com/news/earnings/25/04/44932047/rtx-delivers-strong-q1-earnings-and-cash-flow-but-tariff-risks-to-outlook-persist">outlook is overshadowed</a> by tariff risks. The company posted first-quarter net sales of $20.31 billion and adjusted earnings per share of $1.47 — both numbers were above estimates.
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Benzinga Edge Stock Rankings place Intel&#8217;s Momentum in the 20th percentile and Growth in the 3rd percentile. How does arch rival AMD stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out 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 loading="lazy" decoding="async" width="791" height="108" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49.png" alt="" class="wp-image-883176" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49.png 791w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49-768x105.png 768w" sizes="(max-width: 791px) 100vw, 791px" /></a></figure>
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<li><a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</a></li>
</ul>
Photo Courtesy: NicoElNino On Shutterstock.com
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ENPH

INTC

OKLO

Tesla, Intel, Enphase, Oklo, And RTX: Why These 5 Stocks Are On Investors' Radars Today

Leading cryptocurrencies rose alongside stocks on Tuesday on hopes that trade tensions between the U.S. and China would ease.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+5.39%</td>
<td>$93,035.20</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+11.94%</td>
<td>$1,771.73</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+12.27%</td>
<td>$0.1813</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin drove the surge, surpassing $93,000 for the first time since the first week of March.&nbsp;
The rest of the market followed suit, with Ethereum, which was previously immune to Bitcoin's advances, soaring nearly 12% in the last 24 hours.
Bitcoin's April gains shot up to 12.3%, a marked recovery from the 12% dip in the first quarter of 2025.
The rally hit bearish traders hard as nearly $516 million in short positions were wiped out in the last 24 hours.&nbsp;
However, if Bitcoin reversed to $90,000, over $677 million in bullish long bets were at risk of liquidation.
Bitcoin&#8217;s Open Interest lifted 12.18% in the last 24 hours to a new monthly high, while funds locked in Ethereum's futures contract soared 15%.
Interestingly, over 60% of Binance traders with open Bitcoin positions were betting against the leading cryptocurrency, according to the Long/Short Ratio.
The market sentiment dramatically shifted from &#8220;Fear&#8221; to "Greed," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Immutable (IMX)</td>
<td>+39.29%</td>
<td>$0.6469</td>
</tr>
<tr>
<td>Sui (SUI)</td>
<td>+22.66%</td>
<td>$2.69</td>
</tr>
<tr>
<td>Bonk (BONK)</td>
<td>+21.57%</td>
<td>$0.00001501</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.92 trillion, following an increase of 5.75% in the last 24 hours.
Stocks staged a sharp recovery on Tuesday. The Dow Jones Industrial Average rose 1,016.57 points, or 2.66%, to end at 39,186.98. The S&amp;P 500 jumped 2.51% to close at 5,287.76, while the tech-focused Nasdaq Composite gained 2.71% to end at 16,300.42.
The rebound came after U.S. Treasury Secretary Scott Bessent hinted at a <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44930495/wall-street-rebounds-ahead-of-tesla-earnings-dow-adds-1000-points-bitcoin-hits-91000-whats-driving-markets-tuesday">potential de-escalation in trade hostilities</a> with China during a JPMorgan-hosted event in Washington.
In other news, the International Monetary Fund <a href="https://in.benzinga.com/government/regulations/25/04/44926902/imf-slashes-us-growth-outlook-as-trump-tariffs-bite-raises-recession-odds-to-40">downgraded</a> its 2025 economic growth forecast for the U.S., citing Trump's tariff policies, while modestly raising its inflation forecast.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Influential cryptocurrency analyst Ali Martinez highlighted the zone between $95,600 and $98,290 as the next key resistance for Bitcoin.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> just hit $90,000, and based on on-chain data from <a href="https://twitter.com/intotheblock?ref_src=twsrc%5Etfw">@intotheblock</a>, the next key area of resistance is between $95,600 and $98,290! <a href="https://t.co/tYDjUmTCfH">pic.twitter.com/tYDjUmTCfH</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1914682321363505534?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another well-known chartist, going by the pseudonym CrediBULL Crypto, warned against premature celebration.
"Really going to depend on BTC here. A pullback soon and we will likely reject. If BTC keeps pushing, however, there&#8217;s a chance we will get through," the analyst said. "Well we are still right up against our supply zone- so can&#8217;t celebrate just yet.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Well we are still right up against our supply zone- so can&#39;t celebrate just yet. Really going to depend on <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> here. A pullback soon and we will likely reject. If BTC keeps pushing however there&#39;s a chance we will get through. Note a rejection isn&#39;t anything to be scared of-… <a href="https://t.co/mEHS6PBDZa">https://t.co/mEHS6PBDZa</a> <a href="https://t.co/yliPEUsFpQ">pic.twitter.com/yliPEUsFpQ</a>
&mdash; CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1914744641351524546?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Mc_Cloud on Shutterstock.com
Read Next:    
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44935698/solana-price-climbs-as-galaxy-digital-swaps-eth-for-sol-and-memecoin-momentum-builds">Solana Price Climbs As Galaxy Digital Swaps ETH For SOL And Memecoin Momentum Builds</a></li>
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$ETH

Bitcoin, Ethereum, Dogecoin Pump Along With Stock On US-China Trade War De-Escalation Hopes: Analyst Flags $95,600-$98,290 As BTC's Next Key Resistance

Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) plans to ramp up production of its <a href="https://www.benzinga.com/media/25/03/44508019/tesla-and-other-us-robotics-giants-demand-federal-strategy-to-compete-with-chinas-138-billion-push-warn-america-will-lose-the-race-without-it">humanoid robot</a> Optimus are facing significant roadblocks due to supply chain constraints and China's new export restrictions on rare earth materials.
What Happened: On Tuesday, during <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">Tesla's first-quarter earnings</a> call, CEO Elon Musk said that Optimus remains in early-stage development, with mass production still months away.
Musk said the company hopes to produce thousands of the <a href="https://www.benzinga.com/25/01/43325888/tesla-likely-to-sell-optimus-to-rival-companies-in-2026-price-point-of-humanoid-robot-to-be-detemined-by-demand-says-ceo-elon-musk">robots by the end of the year</a>, but cautioned that progress is "totally impossible" to predict.
The billionaire highlighted one key challenge as China's requirement for export licenses on rare earth magnets—critical components in Optimus actuators.
Tesla's robot arms use permanent magnets to stay compact and efficient, but the new restrictions have disrupted the supply, Musk said.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
&#8220;We're working through that with China. Hopefully, we'll get a license to use the rare earth magnets. China wants some assurances that these are not used for military purposes, which, obviously, they're not,&#8221; the Tesla CEO said.
In addition to the geopolitical hurdles, Musk underscored the extreme complexity of Optimus. "Almost everything in Optimus is new," he said, noting the robot has about 10,000 unique parts and no existing supply chain for most components.
&#8220;When you have a new complex manufactured product, it'll move as fast as the slowest and least lucky component in the entire thing,&#8221; he stated.
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.
Why It's Important: Tesla reported first-quarter revenue of $19.34 billion, marking a 9% decline from the same period last year. The figure fell short of Wall Street's expectations, missing the consensus estimate of $21.35 billion.
Previously, it was reported that Tesla is encountering new hurdles in its production plans following the Donald Trump administration's <a href="https://www.benzinga.com/25/04/44831422/donald-trumps-145-tariffs-on-china-could-disrupt-teslas-cybercab-semi-production-report">145% tariffs on Chinese imports</a>.
Tesla has also reportedly <a href="https://www.benzinga.com/25/04/44806701/tesla-suspends-new-orders-for-model-s-and-model-x-in-china-report">stopped accepting new orders</a> for its U.S.-made Model S and Model X in China. Last year, China imported more than 1,553 Model X units and 311 Model S vehicles.
Price Action: Tesla shares increased by 4.60% on Tuesday, reaching $237.97. However, the stock has dropped 37.26% year-to-date, <a href="https://pro.benzinga.com/dashboard">according to Benzinga Pro</a>.
The company currently holds a growth score of 67.63%, based on Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares</a> with other companies in the sector.
Photo Courtesy: Iv-olga 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 AI tools and was reviewed and published by Benzinga editors.

General

Tesla Optimus Robot Hit By China's Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees

U.S. stock futures edged higher Tuesday night after President Donald Trump told reporters in the Oval Office he had "no intention" of firing Federal Reserve Chair Jerome Powell, adding that he "never did," according <a href="https://www.cnbc.com/2025/04/22/trump-says-he-has-no-intention-of-firing-fed-chair-powell.html">to</a> CNBC. 
The S&amp;P 500 Futures are up 1.41%, at 5,389, followed by Dow Futures, trading at 39,788, up 1.09%, and finally Nasdaq Futures at 18,675, up 1.58%. This comes after a strong rebound in the regular session on Tuesday, with the Dow rallying 1,000 points and snapping its four-day losing streak, and both the S&amp;P 500 and the Nasdaq rising over 2%.
See More: <a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</a>
Japan&#8217;s Nikkei 225 benchmark index is taking cues from Wall Street and is up 1.72% or 588 points in the early morning session. Tech, export-linked stocks, and insurance companies led the rally. 
The U.S. Dollar Index (DXY) is up 0.3%, following a rebound from its three-year lows on Monday. This comes after the President backed down from his threats against the Fed Chair on Tuesday night, according to a report by Reuters.
Investors will be closely watching the earnings of several large-cap stocks on Wednesday, including Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), and ServiceNow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), among several others.
Photo Courtesy: JOURNEY STUDIO7 On Shutterstock.com
Read More: <a href="https://www.benzinga.com/personal-finance/25/04/44940599/how-urgent-is-the-quantum-computing-risk-facing-bitcoin-one-team-is-putting-1-btc-up-for-grabs-to-find-out">How Urgent Is The Quantum Computing Risk Facing Bitcoin? One Team Is Putting 1 BTC Up For Grabs To Find Out</a>

Trump Says 'No Intention' Of Firing Jerome Powell — Stock Futures Edge Higher, Dollar Index Rebounds

Electric vehicle juggernaut Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stash remained unchanged.
What happened: Tesla's balance sheet showed $951 million in digital assets, down 11.6% from the last quarter, according to the company's earnings report released after the market close.
The firm also reported a mark-to-market loss of $125 million on its cryptocurrency investments, compared to $347 million in gains in the fourth quarter of 2024.
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/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Tesla does not publish a breakdown of its cryptocurrency holdings. However, on-chain analytics firm Arkham Intelligence <a href="https://intel.arkm.com/explorer/entity/tesla">suggests </a>that the entirety of their stockpile is made up of Bitcoin, worth almost $1.076 billion at the time of writing. Its hoard of 11,509 BTC remained unchanged from the last quarter.
Bitcoin closed the first quarter down roughly 12%, resulting in unrealized losses for Tesla. However, with the apex cryptocurrency regaining 13% in April, its current value, as indicated by Arkham, was higher.
Why It Matters: With the adoption of the <a href="https://www.benzinga.com/24/12/42502213/new-crypto-accounting-standards-from-todaywill-it-boost-bitcoins-corporate-adoption">new accounting standard for cryptocurrencies</a>, businesses can declare their holdings at market value and include them in net income.&nbsp;
Tesla's Bitcoin journey began in January 2021, when it first acquired $1.5 billion worth of the leading cryptocurrency.&nbsp;
Meanwhile, the Elon Musk-led company revealed a <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">revenue and earnings fall</a> in the first quarter, both of which missed analysts&#8217; expectations.
Price Action: At the time of writing, Bitcoin was exchanging hands at $93,315.25, up 5.62% 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>.
Shares of Tesla surged 5.39% in after-hours trading after closing up 4.60% at 237.97 during Tuesday's regular trading session.&nbsp;
The TSLA stock ranked high on the quality score—a measure of the company&#8217;s operational efficiency and financial health—as of this writing. To see how it compares to Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), the largest Bitcoin corporate holder, check out <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
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Photo Courtesy: Ink Drop On Shutterstock.com
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MSTR

Elon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Johnson &amp; Johnson, Chevron, and Flowers Foods have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%.
Johnson &amp; Johnson
Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) engages in the research and development, manufacture, and sale of various products in the healthcare field worldwide.
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Johnson &amp; Johnson has increased its dividends every year for the last 63 years. In its most recent dividend hike announcement on April 15, its board raised the quarterly payout by 4.80% to $1.30 per share, which is equal to an annual figure of $5.20 per share. Currently, the dividend yield on the stock stands at 3.38%.
Johnson &amp; Johnson's annual revenue as of Dec. 31 stood at $88.82 billion. According to the company&#8217;s Q1 2025 earnings release on April 15, it posted revenues of $21.89 billion and EPS of $2.77, both beating the consensus estimates.
Check out this <a href="https://www.benzinga.com/insights/short-sellers/25/04/44844459/how-is-the-market-feeling-about-johnson-johnson">article by Benzinga</a> to learn how the market is feeling about Johnson &amp; Johnson.
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
Chevron
Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) engages in the integrated energy and chemicals operations in the U.S. and internationally.
Chevron has raised its dividends consecutively for the last 37 years. In its latest dividend announcement on Jan. 31, the company's board increased the quarterly payout by 5% to $1.71 per share, equaling an annual figure of $6.84 per share. Currently, the dividend yield on the stock is 5.05%.
The company's annual revenue as of Dec. 31 stood at $193.41 billion. In its Q4 2024 earnings report on Jan. 31, Chevron posted revenues of $52.23 billion, beating the consensus estimate of $48.41 billion, while EPS of $2.06 came in below the consensus of $2.11.
Check out this <a href="https://www.benzinga.com/insights/news/25/03/44358250/100-invested-in-chevron-5-years-ago-would-be-worth-this-much-today">article by Benzinga</a> to see how much $100 invested in Chevron five years ago would be worth today.&nbsp;
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
Flowers Foods
Flowers Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLO#NYSE">FLO</a>) produces and markets packaged bakery food products in the U.S. It distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates bakeries.
Flowers Foods has raised its dividends consecutively for the last 11 years. In its most recent dividend hike announcement on May 23, it increased the quarterly payout by 4.3% to $0.24 per share, equal to an annual figure of $0.96 per share. More recently, in its dividend announcement on Feb. 14, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 5.34%.
The company&#8217;s annual revenue as of Dec. 31 stood at $5.10 billion. In its most recent earnings report on Feb. 7, the company posted Q4 2024 revenues of $1.11 billion, below the consensus estimate of $1.13 billion, while EPS of $0.22 beat the consensus of $0.21.
Johnson &amp; Johnson, Chevron, and Flowers Foods are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% and long history of consistent hikes make them attractive to income-focused investors.
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Personal Finance

Why Johnson & Johnson, Chevron, And Flowers Foods Are Winners For Passive Income

Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) reportedly plans to reduce more than 20% of its workforce as part of a major overhaul under new CEO Lip-Bu Tan.
What Happened: The layoffs are targeted toward reducing bureaucracy and streamlining Intel's focus on engineering excellence, <a href="https://www.bloomberg.com/news/articles/2025-04-23/intel-to-announce-plans-this-week-to-cut-more-than-20-of-staff">reported</a> Bloomberg on Tuesday, citing a person with knowledge of the matter.&nbsp;
Tan was appointed the new CEO of Intel last month. This overhaul would mark the first major restructuring under him.
Last year, Intel revealed plans to slash 15,000 jobs. The company had 108,900 employees by the end of last year, the report noted.
Intel did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
Why It&#8217;s Important: Last week, Reuters cited an <a href="https://www.benzinga.com/25/04/44881183/intel-ceo-lip-bu-tan-slams-suffocating-bureaucracy-puts-ai-front-and-center-with-leadership-reshuffle-direct-oversight-to-reinvent-company-after-years-of-setbacks">internal memo from Intel</a> and reported that Tan has decided that data center, AI, and personal computer chip divisions will now report to him directly.
"It&#8217;s clear to me that organizational complexity and bureaucratic processes have been slowly suffocating the culture of innovation we need to win," he reportedly said in the memo, adding, "It takes too long to make decisions. New ideas are not given room or resources to incubate. And unnecessary silos lead to inefficient execution."
Intel is scheduled to report its earnings on Thursday after the market closes.
Price Action: Intel shares rose 3.56% on Tuesday, closing at $19.51. The stock added another 2% in after-hours trading, climbing to $19.90. Year-to-date, the chipmaker is down 3.51%, <a href="https://pro.benzinga.com/dashboard">according to Benzinga Pro</a>.
Intel currently has a growth score of 3.59% based on Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other top</a> semiconductor stocks.
Photo Courtesy: Tada Images On Shutterstock.com
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