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According to a report, Israeli Prime Minister Benjamin Netanyahu utilized his son&#8217;s wedding as a smokescreen for war preparations against Iran.
What Happened: Netanyahu announced his intention to attend his son&#8217;s wedding on June 16, a move that was actually a diversion to conceal Israel&#8217;s inaugural&nbsp;attack on Iran on June&nbsp;13. 
The Prime Minister&#8217;s family was kept in the dark about his plans to call off the wedding.
The clandestine operation, codenamed &#8220;Red Wedding&#8221;, was orchestrated to create the illusion that Israel was pursuing&nbsp;a diplomatic resolution to the&nbsp;conflict with the United States. 
Simultaneously, a covert missile strike was initiated, resulting in the death of&nbsp;Iranian nuclear scientists in their&nbsp;residences.
Also Read: <a href="https://www.benzinga.com/news/politics/25/06/45940786/israeli-strikes-kill-9-iranian-scientists-continuing-mossads-decade-long-targeting-of-nuclear-program">Israeli Strikes Kill 9 Iranian Scientists, Continuing Mossad&#8217;s Decade-Long Targeting of Nuclear Program</a>
As per the report <a href="https://www.wsj.com/world/middle-east/israel-iran-attack-operation-narnia-a2c38ace?mod=hp_lead_pos1">by</a> The Wall Street Journal, Netanyahu&#8217;s actions provoked a strong response from Israeli citizens. Detractors, including members of The Democrats party and journalists, accused him of being egocentric. This marked the second instance of his son&#8217;s wedding being deferred due to the war.
Subsequent to the attack, the U.S. carried out additional bombings on Iran&#8217;s nuclear facilities until a fragile ceasefire was negotiated on June 23. The condition of Iran&#8217;s nuclear apparatus and the longevity of the ceasefire are yet to be determined.
Why It Matters: This incident underscores the lengths to which political leaders may go to protect their national interests. 
The use of a personal event as a cover for military operations is a stark reminder of the complexities and deceptions that can be involved in international politics and warfare. 
The fallout from this operation and its impact on the region&#8217;s stability is yet to be fully understood.
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Netanyahu Used Son's Wedding as Cover for War Preparations Against Iran: Report

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Happy Birthday Elon Musk! 54 Things You Might Not Know About Earth's Temporary Resident

A top-ranking executive at&nbsp;Meta Platforms Inc. has leveled accusations of dishonesty against Sam Altman, the leader of OpenAI. 
What Happened: The allegations pertain to claims of $100 million signing bonuses offered by Meta to lure leading AI researchers away from OpenAI. Andrew Bosworth, Meta&#8217;s Chief Technology Officer, refuted Altman&#8217;s allegations during a company-wide meeting last week. 
Bosworth stated that Altman was implying that every individual was being offered such a lucrative package, a claim he deemed as an overstatement.
Altman had earlier sparked a debate by stating on the &#8220;Uncapped&#8221; podcast that Meta had started making significant offers to several members of his team. However, he also mentioned that none of their top talents had accepted these offers.
"Sam is just being dishonest here. He's suggesting that we're doing this for every single person… Look, you guys, the market's hot. It's not that hot," Bosworth said during the meeting. 
Also Read: <a href="https://www.benzinga.com/tech/25/05/45338125/openais-sam-altman-reaches-out-o-elon-musk-amid-ongoing-social-media-spat-lets-be-friends">OpenAI&#8217;s Sam Altman Reaches Out to Elon Musk Amid Ongoing Social Media Spat: &#8216;Let&#8217;s Be Friends&#8217;</a>
Contrary to Altman&#8217;s statements, a number of OpenAI researchers have since transitioned to Meta. Lucas Beyer, one of the researchers who made the switch, confirmed his move but denied receiving a $100 million sign-on bonus.
As per the report <a href="https://www.theverge.com/command-line-newsletter/694028/meta-openai-100-million-bonus-talent-war">by </a>The Verge, Bosworth contended that Altman&#8217;s claims were missing vital context and accused him of creating a niche market for a very select group of people in senior leadership roles. 
He suggested that Altman was blowing things out of proportion because Meta was successfully attracting talent from OpenAI.
"What Sam neglects to mention is that he's countering all these offers, creating a small market for a very, very small number of people who are for senior, senior leadership roles," Bosworth added.
Why It Matters: The allegations and counter-allegations between Meta and OpenAI highlight the intense competition in the AI industry for top talent. The claims of $100 million signing bonuses, whether true or exaggerated, underscore the high stakes involved in this sector. 
The movement of researchers from OpenAI to Meta, despite Altman&#8217;s assertions, indicates a shift in the balance of power. This development could potentially impact the future trajectory of AI research and development.
Read Next
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Image: Shutterstock

Meta Exec Dismisses OpenAI's Sam Altman's Claims of $100 Million Signing Bonuses: 'Sam Is Just Being Dishonest Here'

In a 2017 interview, former Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/general/education/16/12/8845840/the-team-that-built-the-iphone-who-were-they-and-where-are-they-now">executives</a> recalled how building the first iPhone felt like "Fight Club"—total secrecy, intense pressure and a once-in-a-lifetime mission.
What Happened: More than a decade after the <a href="https://www.benzinga.com/news/23/01/30336631/the-iphone-was-unveiled-16-years-ago-heres-how-much-1-000-invested-in-apple-stock-after-the-debut-is">iPhone's launch</a>, key members of Apple's original team—including Scott Forstall, Tony Fadell, and Greg Christie—opened up about the secretive, high-stakes process of inventing one of the world's most iconic devices in an interview with the Wall Street Journal.
The project was code-named Project Purple and secrecy was paramount. "We put a poster up on the wall," said Forstall, referring to the poster of Brad Pitt and Edward Norton&#8217;s movie Fight Club. The first rule of Project Purple was you don't talk about Project Purple.
The team operated in complete isolation, even from other Apple employees. Hardware and software teams were often siloed and most of the company had no idea what was being built.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45830549/pierre-ferragu-takes-apple-to-task-for-dismissing-the-ai-revolution-has-its-head-in-the-sand" target="_blank" rel="noreferrer noopener">Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: ‘Has Its Head In The Sand'</a>
"Not one person knew what iPhone was gonna look like right before that keynote. People thought they knew that Apple was doing the phone, but nobody knew what they were going to see that day," Christie recalled.
It wasn't just secret—it was grueling. "168 hours a week for two weeks," Forstall said, describing the round-the-clock sprint that ultimately nailed the iPhone's core interface.
Fadell also described the early prototype process as "a rollercoaster ride," with the first attempts at an iPod-like phone quickly abandoned.
The iPhone's breakthrough moment came when the then CEO Steve Jobs asked whether the company's multitouch technology—originally meant for a tablet—could be shrunk down for a phone.&nbsp;
The team mocked up a prototype the size of a ping-pong table. "It was like a Big Mac," Fadell said.
One of the hardest challenges? The keyboard. Forstall froze all other UI work until the software keyboard was fixed. The team built dozens of versions, he said. One engineer's predictive typing system ended up forming the foundation of the keyboard we still use today.
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<iframe loading="lazy" title="Apple's Secret iPhone Launch Team: The Event That Began It All" width="500" height="281" src="https://www.youtube.com/embed/xxBc1c3uAJw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Why It's Important: Apple first introduced the iPhone on Jan. 9, 2007, during the Macworld event in San Francisco, presenting it as a device that merged a mobile phone, a widescreen iPod and an internet communicator.
The company revealed plans to launch the iPhone in the U.S. in June 2007, followed by a rollout in Europe later that year and in Asia in 2008.
Priced at $499 and $599 in the U.S., the iPhone officially <a href="https://www.benzinga.com/general/education/20/10/18058216/heres-how-much-investing-1-000-in-apple-the-day-the-first-iphone-debuted-would-be-worth-today">hit the market on June 29</a>, 2007, marking a pivotal moment in the company&#8217;s product history.
Last month, Apple posted fiscal <a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">second-quarter revenue</a> of $95.36 billion, surpassing analyst expectations of $94.53 billion. Revenue from iPhone sales came in at $46.84 billion, up from $45.96 billion in the same quarter last year.
However, the company is currently <a href="https://www.benzinga.com/markets/tech/25/06/46068152/whats-next-for-apple-chamath-palihapitiya-fires-back-dont-think-they-have-any-chance-of-anything-dismisses-glasses-and-ai-hopes">facing doubts about its ability</a> to stay ahead in the AI race, especially when compared to more agile startups and rivals 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>) Google and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
Benzinga&#8217;s Edge Stock Rankings indicate a persistent decline in Apple&#8217;s performance across short, medium and long-term timeframes. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance insights can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27021053/Screenshot-2025-06-27-at-11.36.13%E2%80%AFAM.png" alt="" class="wp-image-964353" /></a></figure>
Photo Courtesy: rnkadsgn 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.

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Steve Jobs Took Secrecy To Fight Club Levels For This Critical Mission At Apple — 'People Thought They Knew…But Nobody Knew'

Global financier and longtime Trump associate Gentry Beach is reportedly negotiating for control of the Rubaya coltan mine in the Democratic Republic of Congo (DRC). The Trump administration-backed initiative, accompanied by support from a consortium including the Swiss trading house Mercuria, shows the current preference for the US engagement with Africa through <a href="https://www.benzinga.com/news/rumors/25/05/45607960/dr-congo-to-finalize-minerals-deal-with-washington-in-june">high-stakes investment deals</a> rather than traditional diplomacy.
The US views these deals as a means to mitigate China's strategic dominance in Africa's mineral supply chains. "When the US stepped in, they wanted to frame their approach to a peace settlement differently than in the past," said one regional participant, quoted anonymously <a href="https://www.ft.com/content/91a66fc6-28e7-4320-a537-eeb8fac34f0d">by</a> the Financial Times. "They were looking at what the business and economic side of the deal would be that allows this region to prosper, so we don't get back into this all over."
The US-led negotiations aim to broker a peace deal between the DRC and neighboring Rwanda, whose backing of the M23 rebel group has fueled violence in eastern Congo. The talks include a proposed ceasefire and militia disarmament, with a draft agreement endorsed last week by the foreign ministers of both countries.
As reported by the Financial Times, the Rubaya mine is central to these efforts, potentially requiring over $500 million in investment, and is envisioned as a future legal export hub via a new smelter in Rwanda.
Beach, a former Morgan Stanley investment banker, a seasoned hedge fund manager, and a finance co-chair of Donald Trump's 2016 campaign, is the distinctive name in the Rubaya deal. Notably, he has previous experience in the region, having participated in a 2004 mining venture with the late NBA legend Dikembe Mutombo. Although Beach is close friends with Donald Trump Jr., the Trump family has no direct involvement in the Rubaya project, according to sources familiar with the matter.
Rubaya is among the most lucrative coltan deposits in the world. Coltan (short for columbite-tantalite) yields tantalum and niobium, critical elements in smartphones, aircraft engines, and missile components. In 2023, the DRC supplied roughly 40% of global coltan, according to the US Geological Survey. The mine has been a focal point in eastern Congo's decades-long conflict and was recently seized by M23 rebels, who have taxed its production.
Beyond coltan, the region is also rich in copper, cobalt, and gold, all of which are important to global clean energy supply chains. Recent initiatives include those of Blackwater founder Erik Prince, who was connected to a <a href="https://www.benzinga.com/news/global/25/04/44885311/blackwater-founder-reaches-a-security-deal-with-dr-congo">security deal</a> involving copper assets in the Katanga region.
Price Watch: iShares MSCI Global Metals &amp; Mining Producers ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/PICK#BATS">PICK</a>) is up 8.09% year-to-date.
Read Next: <a href="https://www.benzinga.com/markets/commodities/25/06/46138446/investors-seek-gold-alternative-platinum-hits-1400-as-supply-deficit-deepens">Investors Seek Gold Alternative &#8211; Platinum Hits $1,400 As Supply Deficit Deepens</a>
Image: Shutterstock/rarrarorro

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Trump Ally Eyes $500 Million Deal in Peace Plan for DR Congo

Celebrity investor <a href="https://www.benzinga.com/news/topics/25/06/46064693/is-ai-going-to-replace-ceos-or-just-make-them-10-times-richer-kevin-oleary-says-itll-make-everyone-richer-if-they-learn-how-to-use-it">Kevin O'Leary</a> says the window to buy TikTok with its current Chinese-owned algorithm has officially closed. As a new 90-day deadline ticks down, O'Leary is sounding the alarm: TikTok's future in the U.S. hangs in the balance, and at the heart of it is a much bigger issue — who truly owns your personal data?
<h2 class="wp-block-heading">Why the Sale Keeps Getting Delayed</h2>
TikTok's Chinese parent company, ByteDance, is under pressure from a U.S. law enacted last year that requires it to sell its TikTok assets in the U.S. or face a nationwide ban. The law was upheld by the Supreme Court, but enforcement has been repeatedly delayed. Most recently, President Donald Trump granted a <a href="https://www.benzinga.com/markets/tech/25/06/45988862/trump-extends-tiktok-divestment-deadline-again-says-xi-will-ultimately-approve-the-deal-amid-stalled-us-spinoff-talks">90-day extension</a> until September, marking the third postponement.
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While TikTok has continued to operate, critics say these delays are avoiding a key national security concern: the possibility that the Chinese government could access American user data. Beijing denies this, but many U.S. lawmakers remain skeptical.
<h2 class="wp-block-heading">O'Leary: "The Deal Is Dead"</h2>
According to O'Leary, a new sale involving TikTok's existing algorithm is no longer on the table. "We know that we can&#8217;t buy the algorithm," he said in a video he <a href="https://x.com/kevinolearytv/status/1936233691967054333">posted to X</a>. "So we're gonna have to rewrite this whole thing."
O'Leary is part of a group led by billionaire Frank McCourt and Reddit co-founder Alexis Ohanian proposing a new version of TikTok — one without Chinese-owned code. Their goal? Create a U.S.-based platform that puts data ownership in the hands of users, not corporations.
The alternative, O'Leary warns, is a legal minefield. "Every mothers' group and state attorney general is suing social media," he said. "All stemming from the fact that the platform owns the data and the customer doesn&#8217;t."
Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Now Raising at $3/Share</a>
<h2 class="wp-block-heading">"Chinese Honey" and the Battle Over AI Chips</h2>
O'Leary also tied the TikTok debate to the broader issue of U.S. technology exports, especially AI chips made by companies like Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
He used a bee analogy to explain: The chip is the queen bee, and software developers are the honeybees building AI — or "honey" — on that chip. O'Leary argued there will soon be only two types of AI: "American honey" and "Chinese honey."
"If you want the world running on Chinese honey, stop shipping American queen bee chips," he said. His point: limiting chip exports could backfire by encouraging foreign adversaries to build their own alternatives — like TikTok.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
<h2 class="wp-block-heading">A Legal Deadline With Real Consequences</h2>
Unless Congress acts or a new buyer is found, TikTok could be pulled from U.S. app stores after the September deadline. O'Leary believes this is likely the "last extension."
As lawmakers debate national security, <a href="https://www.benzinga.com/markets/25/06/45922827/the-dollar-is-crumbling-and-hedge-fund-analyst-says-a-new-global-trade-is-brewing">global trade</a>, and personal privacy, the clock keeps ticking.
One thing is clear: TikTok's fate is tied not just to politics, but to a fundamental question about the future of the internet — who controls the data, and who gets to decide?
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.

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Kevin O'Leary Says TikTok Deal Is Dead — And U.S. Law Must Finally Decide Who Owns Your Data

Each week, Benzinga&#8217;s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the <a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45750724/exclusive-mays-20-most-searched-tickers-on-benzinga-pro-where-do-apple-palantir-coreweave-nvidia-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: May's 20 Most-Searched Tickers On Benzinga Pro — Where Do Apple, Palantir, CoreWeave, Nvidia Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending June 27:
Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>): The logistics real estate company saw increased interest from readers during the week. The company was recently named to the <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46144750/44-public-companies-make-times-most-influential-list-coinbase-ufc-nintendo-netflix-and-more-stocks-investors-can-buy">TIME 100 Most Influential Companies list</a> in the "Leaders" category. Investors may be gearing up for second quarter financial results, which are set for July 16. The company has beaten funds from operation estimates from analysts in four straight quarters, while revenue has missed analyst estimates in six straight quarters. Prologis could be fitting several themes for investors with a dividend payment and operating in the growing logistics REIT market. The stock was nearly flat on the week, as seen on the <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627">Benzinga Pro chart </a>below and shares are up only 1.3% year-to-date in 2025.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627"><img loading="lazy" decoding="async" width="997" height="498" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172832/Screenshot-471.png" alt="" class="wp-image-965471" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172832/Screenshot-471.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172832/Screenshot-471-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172832/Screenshot-471-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Global-E Online (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBE#NASDAQ">GLBE</a>): The ecommerce solutions company saw strong interest from readers during the week with the stock price up 6%. The company<a href="https://www.benzinga.com/25/05/45410991/global-e-q1-sales-up-30-gmv-soars-34-extends-strategic-partnership-with-shopify"> reported first-quarter financial results</a> in May with sales beating analyst estimates. The company saw 30% year-over-year sales growth and gross merchandise value also rose 34% year-over-year in the quarter. Global-E Online also reported growth in its Adjusted EBITDA with the operating loss narrowing. The company reiterated its full year guidance after the quarter. Along with financial results, Global-E Online also announced a new three-year strategic partnership with Shopify, extending an existing long-term partnership for first-party and third-party solutions.
"We had another quarter of strong results,&nbsp;demonstrating our ability to grow fast even within macroeconomic turbulent times with Q1 results coming in at or above the midpoints across our guidance," founder and CEO&nbsp;Amir Schlachet&nbsp;said. &nbsp;
Schlachet said the company's pipeline is very active and the company is seeing increased interest in its services.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627"><img loading="lazy" decoding="async" width="993" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172847/Screenshot-472.png" alt="" class="wp-image-965472" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172847/Screenshot-472.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172847/Screenshot-472-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172847/Screenshot-472-768x386.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
Agilent Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>): The life sciences and diagnostics company saw increased interest from investors during the week, which comes after the company reported quarterly financial results <a href="https://www.benzinga.com/general/health-care/25/05/45669099/agilent-braces-for-potential-us-eu-tariff-hike-maintains-annual-outlook">last month</a>. Agilent reported 6% year-over-year sales growth, which beat analyst estimates. The company beat revenue estimates from analysts for a fourth straight quarter and ninth time out of the last 10 quarters. The company's earnings per share also beat analyst estimates, which kept a streak of more than 10 straight quarters beating estimates in place. Agilent reaffirmed earnings per share guidance for the full year and raised its full-year sales guidance, saying that it will be able to mitigate most of the impacts of tariffs.
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627"><img loading="lazy" decoding="async" width="995" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172902/Screenshot-473.png" alt="" class="wp-image-965473" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172902/Screenshot-473.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172902/Screenshot-473-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172902/Screenshot-473-768x385.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Alcoa Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>): Investors showed increased interest in the metals company ahead of its July 16 second-quarter financial results. Analyss expect the company to report earnings per share of 57 cents and revenue of $2.96 billion. The company has beaten analyst estimates for earnings per share in four straight quarters and seven of the last 10 quarters overall. Revenue has been more mixed with a miss in the last quarter and five beats and five misses over the last 10 quarters. Investors are likely looking to hear more on the impact of tariffs for the company. Alcoa reported $20 million in additional costs in <a href="https://www.benzinga.com/news/earnings/25/04/44853254/alcoa-shares-gain-after-mixed-q1-results-eps-beat-revenues-miss">the first quarter</a> due to the impact of tariffs on Canadian aluminum imports. The forecast for the second quarter impact from tariffs <a href="https://www.benzinga.com/news/earnings/25/04/44858454/alcoa-warns-tariffs-could-cost-425-million-annually-this-is-the-most-material-impact-says-ceo">was $90 million.</a>
&#8220;This is the most material impact to Alcoa, as approximately 70% of our aluminum produced in Canada is destined for U.S. customers,&#8221; Alcoa CEO William Oplinger said.
He estimated the annual cost of the 25% tariff could reach as high as $425 million.
Investors will likely want to hear that these numbers have not gone up and that higher metals prices and demand could help offset some of the increased costs.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627"><img loading="lazy" decoding="async" width="995" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172921/Screenshot-474.png" alt="" class="wp-image-965474" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172921/Screenshot-474.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172921/Screenshot-474-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172921/Screenshot-474-768x389.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Comfort Systems USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIX#NYSE">FIX</a>): The HVAC and electrical company saw increased interest from investors with shares at all-time highs. While most investors may not be familiar with the company, Comfort Systems has shown consistent growth and has a history of beating analyst estimates. Second quarter financial results are expected in June. Analysts expect the company to report earnings per share of $4.78, up from $3.74 in last year's second quarter. The company has beaten analyst estimates for earnings per share in more than 10 straight quarters. Analysts expect the company to report quarterly revenue of $1.97 billion, up from $1.54 billion in last year's second quarter. The company has beaten analyst estimates in two straight quarters and nine of the last 10 quarters overall. Analysts have <a href="https://www.benzinga.com/quote/FIX/analyst-ratings">raised price targets</a> on the stock in recent months and the new quarterly results could see more analyst action.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627"><img loading="lazy" decoding="async" width="999" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172936/Screenshot-475.png" alt="" class="wp-image-965476" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172936/Screenshot-475.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172936/Screenshot-475-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27172936/Screenshot-475-768x389.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0627" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45710022/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-67" target="_blank" rel="noreferrer noopener">May 30</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45827517/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-68" target="_blank" rel="noreferrer noopener">June 6</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45938888/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-69" target="_blank" rel="noreferrer noopener">June 13</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46043300/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-70">June 20</a></li>
</ul>
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45932660/exclusive-sp-500-new-all-time-highs-again-2025" target="_blank" rel="noreferrer noopener">EXCLUSIVE: S&amp;P 500 To Hit New All-Time Highs Again In 2025? Majority Say Yes, 27% Predict This Range</a></li>
</ul>

Exclusives

Trading Ideas

GLBE

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) is the top performer in the S&amp;P 500 for June, surging 43% and reaching its highest level since<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/06/46131195/cathie-woods-thursday-crypto-moves-ark-unloads-nearly-25-million-in-coinbase-block-stocks"> its 2021 IPO. </a>
The rally follows the stock's inclusion in the index at the end of May and is supported by positive regulatory updates and new product launches. Coinbase's momentum began in April and marks its third consecutive monthly gain.
Read Next: <a href="https://www.benzinga.com/markets/tech/25/06/46130084/cathie-woods-alpha-surge-250-million-circle-windfall-big-amd-buys?utm_source=articleShare">Cathie Wood&#8217;s Alpha Surge: $250 Million Circle Windfall, Big AMD Buys</a>
What To Know: Analysts credit Coinbase's strength to its S&amp;P 500 inclusion, the Senate's passage of the GENIUS Act and the strong performance of Circle Internet Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NASDAQ">CRCL</a>), according to <a href="https://www.cnbc.com/2025/06/27/coinbase-is-best-performing-stock-in-sp-500-in-june-and-may-move-higher.html">CNBC</a>.&nbsp;
Coinbase benefits from a revenue-sharing agreement with Circle, allowing it to capture all revenue from USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) held on its platform and nearly half of other USDC revenues—without incurring Circle's operating costs.
Coinbase has expanded its crypto services, launching a crypto-backed credit card with American Express, partnering with Shopify for stablecoin payments and collaborating with JPMorgan on a deposit token using its Base blockchain.&nbsp;
What Else: Coinbase <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46123211/whats-going-on-with-coinbase-global-stock-thursday">shares surged further</a> on Thursday after the company announced the upcoming launch of US-regulated perpetual-style futures for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ether, (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)&nbsp; set to begin July 21.&nbsp;
This marks a major milestone, as such products have been largely unavailable to US traders, who have typically relied on offshore exchanges.&nbsp;
Coinbase's move aims to capture a significant share of this market by providing a domestic, regulated alternative.&nbsp;
The announcement coincided with Bernstein raising its price target on Coinbase stock from $310 to $510, citing rapid growth in derivatives and strong non-trading revenues from staking and the Base blockchain.&nbsp;
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46117473/sofi-stock-gets-supercharged-with-return-to-crypto?utm_source=articleShare">SoFi Stock Gets Supercharged With Return To Crypto</a></li>
</ul>
Image: Shutterstock&nbsp;

Equities

Fintech news covering the emerging Financial Technology services sector

Fintech

Movers

$BTC

$ETH

$USDC

COIN

CRCL

Coinbase Stock Is S&P 500's Best Performer For June: How It Got There

Billionaire philanthropist Melinda French Gates has suggested that playing sports could be a major factor in the success of women in the C-suite.
What Happened: At the Power of Women&#8217;s Sports Summit, French Gates highlighted the correlation between women in leadership positions and their participation in sports. She noted that women who played sports, especially those who didn&#8217;t mind failing, were more likely to end up in the C-suite, <a href="https://fortune.com/2025/06/27/billionaire-philanthropist-melinda-french-gates-no1-skill-that-gen-alpha-girls-high-school-ceo-career-advice/">reported</a> Fortune.
&#8220;The only correlation they can find of women in the C suite, the CEO spot, it that they all played sport—or the majority played sport,&#8221; French Gates said.
She added, &#8220;And the thesis is (we don't know why that is) they didn't mind failing. You step out of bounds playing soccer, you go right back to it. You lose the tennis match sometimes. You learn to fail and that failing is okay.&#8221;
She added that playing sports helps in developing qualities such as resilience and self-confidence, which are crucial for success in the boardroom. This view was supported by tennis legend&nbsp;Billie Jean King&nbsp;and research from EY, which revealed that 94%&nbsp;of women in the C-suite are former athletes.
SEE ALSO: <a href="https://benzinga.com/markets/tech/25/06/46132007/amazon-google-not-far-behind-but-dan-ives-says-microsoft-clearly-leading-in-these-segments-600-price" target="_blank" rel="noreferrer noopener">Amazon, Google Not Far Behind, But Dan Ives Says Microsoft &#8216;Clearly Leading&#8217; In These Segments — $600 Price Target Is &#8216;Probably&#8217; Conservative</a>
Why It Matters: CEOs often credit their sports backgrounds for developing key leadership skills like confidence, teamwork, and discipline. A McKinsey report supports this view, highlighting overlaps between executive and athletic traits such as time management, resilience, and a growth mindset.
The insights shared by Gates and King come at a time when the corporate world is witnessing a shift in attitudes and work culture, especially with the upcoming Gen Z workforce. Gen Z, which is set to<a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46129668/gen-zs-gig-economy-mindset-prioritizing-flexibility-skill-development-and-work-life-balance-in-corporate-america"> make up</a> 30% of the workforce by 2030, prioritizes work-life balance, flexibility, and skill development.
Moreover, top banker Jamie Dimon&#8217;s call for an overhaul of the U.S. education system and underlines the <a href="https://www.benzinga.com/news/education/25/06/46007465/jamie-dimon-sounds-alarm-on-skills-gap-calls-for-overhaul-of-us-education-system">need for schools</a> to adapt to the demands of a rapidly changing workforce. The emphasis on sports as a platform for developing crucial life skills could potentially align with these evolving educational and corporate trends.
<ul class="wp-block-list">
<li>READ MORE: <a href="https://benzinga.com/markets/tech/25/06/46125266/thank-you-elon-musks-longtime-aide-reportedly-fired-days-after-public-praise" target="_blank" rel="noreferrer noopener">&#8216;Thank You, Elon:&#8217; Musk&#8217;s Longtime Aide Reportedly Fired Days After Public Praise</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.

Melinda French Gates Reveals The No. 1 Skill Women Need To Reach The C-Suite: 'You Learn To Fail And That Failing Is...'

Following a series of sobering near-miss incidents in U.S. airports, most recently when a Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) plane came close to departing from a taxiway in Orlando, air carriers are focusing now on what could be the most priceless upgrade since in-flight Wi-Fi: cockpit alerts that scream at pilots before they undertake something disastrous.
Also Read: <a href="https://www.benzinga.com/etfs/new-etfs/25/06/46151058/jpmorgans-new-etf-smashes-records-with-2-billion-kick-off">JPMorgan&#8217;s New ETF Smashes Records With $2 Billion Kick Off</a>
At the forefront of this air safety upgrade is Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), which has created a Runway Awareness and Advisory System (RAAS) that&#8217;s now in use across almost all of Southwest&#8217;s 800-strong Boeing 737 fleet, according to WSJ. And although this upgrade is, first and foremost, about ensuring passengers and crew are safe, it also represents a possible investment opportunity few are discussing: a boost in demand for avionics and safety technology, and the <a href="https://www.benzinga.com/etfs">ETFs that contain them</a>.
<h2 class="wp-block-heading">Wake-Up Call In The Cockpit</h2>
Honeywell&#8217;s system provides real-time voice and text alerts when pilots make hazardous maneuvers, such as turning onto an incorrect runway, landing too rapidly, or trying to take off from a taxiway. 
It&#8217;s not only Southwest becoming serious about safety. Other airlines such as Alaska Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) are bringing the system on board as well, with Airbus and Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) allegedly working on their own in-house alert systems. With the FAA considering new proposals to mandate safety alerts on new planes, and potentially retrofits in the future, this might be only the start.
<h2 class="wp-block-heading">The ETF Angle: Follow The Beep</h2>
A number of large ETFs already provide exposure to aviation safety vendors such as Honeywell, and if the industry experiences an upgrade supercycle, these funds could be winners:
iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>): Top holding is Honeywell, followed by Boeing and Raytheon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>). Traces defense and aerospace production companies, including safety systems and avionics.
Up 29% YTD, ITA may experience additional tailwinds if cockpit safety standards become an international standard.
SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>): Equal-weighted, providing more widespread exposure to mid-cap stocks that might include specialty avionics providers.
Comprises participants on next-gen safety software, hardware, and even autonomous flight system development.
Global X Future Analytics Tech ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>): Not aerospace-focused, but exposed to companies embedding AI in safety and risk-reduction systems. 
As cockpit notifications become more sophisticated with AI-based pattern recognition, funds such as AIQ might soon be cleared for takeoff.
<h2 class="wp-block-heading">Why Now?</h2>
Let&#8217;s link the dots:
<ul class="wp-block-list">
<li>Increasing pilot shortages translate into more dependence on safety technology.</li>
<li>Busy airports and tighter flight schedules raise the margin for error.</li>
<li>High-profile accidents (such as the Air Canada near-miss at San Francisco or the 2006 Comair crash) are spurring regulators and carriers into action.</li>
<li>Public perception: Airlines are keen to demonstrate that they&#8217;re spending money on safety amid growing concern.</li>
</ul>
In short, the cockpit alert boom is not merely a safety tale, it&#8217;s a story about tech adoption, and in the markets, that&#8217;s where the actual jet fuel resides.
For the moment, cockpit warnings might be barking alarms within aircraft, but shareholders might find themselves tuning in as well. Aviation safety technology is taking to the skies quietly, and the ETFs that have exposure to it could be up next for a smooth ride.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46151686/nvidia-just-became-the-worlds-most-valuable-stock-is-it-time-for-a-semiconductor-etf-rethink">Nvidia Just Became The World&#8217;s Most Valuable Stock; Is It Time For A Semiconductor ETF Rethink?</a></li>
</ul>

Sector ETFs

ETFs

iShares Dow Jones US Aerospace & Defense Index Fund

Runway Ready: Can Aviation Safety Tech Be The Next Frontier For Aerospace ETFs?

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
Wall Street surged this week as easing geopolitics and a potential pause in U.S.-China tariffs lifted sentiment. The S&amp;P 500 and Nasdaq hit record highs, boosted significantly by Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), whose stock jumped by about 10% to record its highest valuation — $3.8 trillion — overtaking Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) as the world's most valuable company
The tech rally reflected strong earnings from Nvidia's AI-centric chip business and supplier Micron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), while broader market gains were bolstered by renewed risk appetite in equities.
Next week, investors will track the June jobs report, rhetoric on tariffs — including the July 8 "Liberation Day" deadline — and upcoming July 4 tax‑and‑spending legislative actions that could influence rates and yields.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls
<a href="https://www.benzinga.com/markets/tech/25/06/46081553/nvidias-jensen-huang-sparks-quantum-stock-frenzy">"Nvidia's Big Moment Is Back—Stock Soared 500% The Last Time This Happened"</a>, by Piero Cingari, reports that Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is forming a bullish golden cross — a 50-day moving average crossing above the 200‑day — after recovering from earlier tariff-induced weakness, which historically has preceded massive rallies, with gains as high as 800%, fueled by easing U.S.-China trade tensions and strong earnings.
<a href="https://www.benzinga.com/markets/earnings/25/06/46104401/micron-q3-earnings-revenue-eps-beat-estimates-data-center-revenue-guidance-ai-demand">"Micron Q3 earnings: Revenue, EPS beat estimates as data center revenue doubles, strong guidance on rising AI‑driven demand"</a>, by Adam Eckert, reports that Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) delivered a strong Q3 with $9.3 billion in revenue (beating $8.87 billion estimates) and $1.91 adjusted EPS (versus $1.60 expected); data-center revenue more than doubled, and the company forecast Q4 revenue of $10.7 billion and EPS of $2.50 amid surging AI memory demand.
<a href="https://www.benzinga.com/trading-ideas/movers/25/06/46098312/palantir-stock-hits-all-time-high-whats-going-on">"Palantir stock hits all‑time high: what's going on?"</a>, by Adam Eckert, reports that Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares reached record highs — up roughly 500% over the past year and 93% year-to-date — driven by strong momentum (Benzinga Pro momentum score of 99), surging AI and government contracts including a $795 million U.S. Army deal, and positive Wall Street sentiment such as Loop Capital's raised price target.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/markets/earnings/25/06/46084802/blackberry-stock-climbs-after-better-than-expected-q1-report-details">BlackBerry Stock Climbs After Better-Than-Expected Q1 Report: Details</a>
<a href="https://www.benzinga.com/markets/commodities/25/06/46120819/platinum-miners-forecasts-stocks">Platinum's Biggest Rally In 40 Years: These 6 Mining Stocks Could Be Top Gainers</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/06/46129177/pony-ai-stock-pops-on-report-uber-is-in-talks-with-travis-kalanick-to-invest-in-potential-deal">Pony AI Stock Pops On Report Uber Is In Talks With Travis Kalanick To Invest In Potential Deal</a>

The Bears
<a href="https://www.benzinga.com/trading-ideas/technicals/25/06/46080036/hims-crashes-on-novo-glp-1-fallout-buy-the-dip-or-bail">"HIMS crashes on Novo GLP‑1 fallout: buy‑the‑dip or bail?"</a>, by Surbhi Jain, reports that Hims &amp; Hers Health Inc. (NYSE: HIMS) shares plunged 34% after Novo Nordisk (NYSE: NVO) ended their partnership over claims of unapproved Wegovy compounding, with analysts warning that legal risk and lofty valuation may outweigh oversold technicals.
<a href="https://www.benzinga.com/news/health-care/25/06/46116103/altimmune-stock-sinks-after-mid-stage-data-from-fatty-liver-candidate">"Altimmune stock sinks after mid‑stage data from fatty liver candidate"</a>, by Vandana Singh, reports that Altimmune Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) shares plunged after its Phase 2b trial showed pemvidutide resolved MASH in over half of treated patients (59.1% at 1.2 mg and 52.1% at 1.8 mg) with significant liver‑fat reduction, but missed the fibrosis endpoint — prompting broad investor concern.
<a href="https://www.benzinga.com/news/space/25/06/46055895/ast-spacemobile-stock-downgraded-rocket-lab-prepares-electron-launch-space-stock-countdown">"AST SpaceMobile stock downgraded, Rocket Lab prepares Electron launch: Space stock countdown"</a>, by Erica Kollmann, reports that AST SpaceMobile Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) was downgraded by Scotiabank to Sector Perform with a $45.40 target, even as Rocket Lab Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gears up for another Electron launch — factors highlighting heightened volatility in space stocks.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/markets/earnings/25/06/46083155/aerovironment-stock-sinks-despite-better-than-expected-q4-report-heres-why">AeroVironment Stock Sinks Despite Better-Than-Expected Q4 Report: Here's Why</a>
<a href="https://www.benzinga.com/markets/earnings/25/06/46128371/concentrix-stock-slips-after-mixed-q2-results-details">Concentrix Stock Slips After Mixed Q2 Results: Details</a>
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Warren Buffett has donated a staggering $6 billion worth of Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) shares to the Gates Foundation and four family charities. This is Buffett&#8217;s largest annual donation since he began his philanthropic journey almost two decades ago.
What Happened: According <a href="https://www.reuters.com/sustainability/boards-policy-regulation/warren-buffett-donates-record-6-billion-berkshire-shares-2025-06-28/">to</a> a Reuters report, the 94-year-old business magnate donated approximately 12.36 million Berkshire Class B shares to the Gates Foundation and the Susan Thompson Buffett Foundation, as well as three charities led by his children.
This latest contribution brings Buffett&#8217;s total charitable giving to well over $60 billion. The Oracle of Omaha still retains 13.8% of Berkshire&#8217;s stock, making him the world&#8217;s fifth-richest person with a net worth of $152 billion, as per Forbes.
See Also: <a href="https://benzinga.com/markets/tech/25/06/46132007/amazon-google-not-far-behind-but-dan-ives-says-microsoft-clearly-leading-in-these-segments-600-price">Amazon, Google Not Far Behind, But Dan Ives Says Microsoft &#8216;Clearly Leading&#8217; In These Segments — $600 Price Target Is &#8216;Probably&#8217; Conservative</a>
Buffett, who has been giving away his fortune since 2006, has no plans to sell any of his Berkshire shares. Last year, he amended his will, designating 99.5% of his remaining fortune to a charitable trust to be managed by his children after his death. The trust will have around a decade to distribute the funds and must reach unanimous decisions on their allocation.
Why It Matters: Despite his philanthropic efforts, Buffett&#8217;s wealth has continued to surge. In March, he was <a href="https://www.benzinga.com/news/25/03/44479393/warren-buffett-top-wealth-gainer-elon-musk-top-wealth-loser-in-2025-heres-how-much-billionaires-have-added-lost">recognized as the top wealth gainer</a> among the world&#8217;s richest people, due to Berkshire Hathaway stock&#8217;s strong performance. 
Despite his immense <a href="https://www.benzinga.com/news/25/04/44779863/warren-buffetts-son-sold-his-berkshire-stock-inheritance-to-buy-something-infinitely-more-valuable-than-the-500-million-it-would-be-worth-today">wealth</a>, the latest donation testifies to Buffett's commitment to his philanthropic endeavors.
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Photo courtesy: mark reinstein / Shutterstock.com

Warren Buffett Donates $6 Billion In Berkshire Stock To Gates Foundation And Other Charities, His Biggest Gift In 20+ Years: Here's How Much He's Given Away So Far

This week, on multiple occasions, Microsoft Corp. co-founder Bill Gates <a href="https://www.benzinga.com/news/health-care/25/06/46131597/bill-gates-says-he-knows-for-a-fact-that-more-children-will-die-due-to-us-health-aid-cuts-and-hes-taking-the-proof-to-congress">expressed concern</a> over the future of global health, warning that recent cuts to funding for Gavi could undo decades of progress in saving children&#8217;s lives through vaccinations.
What Happened: In a post titled "A perilous time for the world's poorest children," <a href="https://www.gatesnotes.com/home/home-page-topic/reader/a-perilous-time-for-the-worlds-poorest-children">on</a> Gates Notes, Gates decried the Donald Trump government&#8217;s <a href="https://www.benzinga.com/news/global/25/03/44498936/moderna-novavax-shares-are-sliding-wednesday-whats-going-on">decision to pull funding</a> from Gavi, the vaccine alliance that has helped vaccinate over a billion children.
He warned that the cuts could lead to a reversal in progress, with more children dying from preventable diseases. Gates noted that 2025 could be the first year since the 1990s when child mortality rates increase, instead of continuing to decline.
See Also:&nbsp;<a href="https://www.benzinga.com/news/politics/25/06/46087132/elizabeth-warren-says-the-tax-break-for-mark-zuckerbergs-meta-is-so-bountiful-under-trumps-big-beautiful-bill-that-35-copay-from-each-american-wont-still" target="_blank" rel="noreferrer noopener">Elizabeth Warren Says The Tax Break For Mark Zuckerberg&#8217;s Meta Is So Bountiful Under Trump&#8217;s ‘Big Beautiful Bill&#8217; That $35 Copay From Each American Won&#8217;t Still Match It</a>
He stated, &#8220;All the progress we've made is at risk,&#8221; referencing the vital role Gavi plays in providing affordable vaccines to low-income countries.
Gates also highlighted how the funding cuts could undermine efforts to eradicate diseases like polio and malaria, emphasizing that &#8220;the life could have been saved by a vaccine that costs just 30 cents.&#8221;
Why It&#8217;s Important: On Tuesday, the Gates Foundation announced a pledge of $1.6 billion over the next five years to Gavi.
Earlier this month, Gates, who chairs the Gates Foundation, committed to channeling the majority of its planned <a href="https://www.benzinga.com/news/esg/25/06/45739698/bill-gates-commits-majority-of-200-billion-foundation-budget-to-africa-over-next-20-years-amid-trumps-massive-usaid-cuts">$200 billion investment</a> over the next two decades into Africa.
The Trump administration had earlier signaled its intention to reduce its annual contribution of approximately $300 million to Gavi.
The Microsoft co-founder has previously also aimed at Tesla Inc. CEO Elon Musk and Trump for supporting sudden cuts to USAID funding, cautioning that these cuts could halt the supply of essential food and medicine, potentially causing a resurgence of diseases such as measles, HIV, and polio — with the world's most vulnerable <a href="https://www.benzinga.com/markets/25/05/45286464/bill-gates-commits-99-of-his-remaining-fortune-to-gates-foundation-set-to-wind-down-in-20-years-somebody-should-give-more-money-than-i-did">children bearing the brunt</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.
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Health Care

Bill Gates Warns Of 'Perilous' Times After Trump Administration Pulls Funding From Gavi, A Group That Has Paid For Over A Billion Children's Vaccinations: 'All The Progress We've Made Is At Risk'

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Siri is far behind OpenAI's ChatGPT, according to a comparison conducted by Deepwater Asset Management, receiving an "F" while ChatGPT has scored an "A."
What Happened: On Friday, Deepwater Asset Management's managing partner, Gene Munster, shared the results of the test <a href="https://www.benzinga.com/media/25/03/44429160/apple-stock-down-over-12-this-year-now-tim-cook-is-reportedly-betting-on-vision-pros-mike-rockwell-to-fix-siri-after-losing-confidence-in-ai-boss-john-giannandrea">comparing Siri</a> and ChatGPT.
The comparison involved 50 real-world questions, assessing each AI assistant's ability to understand, respond, and handle follow-up questions. Siri received an "F," while ChatGPT through Siri earned a "B," and ChatGPT alone scored the highest with an "A."
The test showed that Siri is still more of a voice-activated search tool than a <a href="https://www.benzinga.com/markets/tech/25/06/45851232/apples-lack-of-new-ai-features-at-wwdc-is-startling-expert-says">true AI assistant</a>. Despite its integration with iOS, Siri struggles with reasoning, follow-up questions, and delivering concise, helpful answers.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45830549/pierre-ferragu-takes-apple-to-task-for-dismissing-the-ai-revolution-has-its-head-in-the-sand" target="_blank" rel="noreferrer noopener">Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: ‘Has Its Head In The Sand'</a>
It also took 5 to 10 seconds for Siri to hand off requests to ChatGPT, causing delays that are not ideal for today's fast-paced environment.
In contrast, ChatGPT provides more accurate, fluid, and human-like responses, mimicking natural conversation with ease. The test emphasized that <a href="https://www.benzinga.com/media/25/05/45486193/why-is-apple-still-behind-on-ai-expert-dissects-reasons-behind-iphone-maker-lagging-likes-of-microsoft-and-amazon-despite-poaching-googles-ai-chief">Apple's Siri has been stuck in the past</a>, and for it to stay competitive, a major overhaul is required.
&#8220;It has to be more than a voice for web search. Siri needs to think, converse, and assist like an intelligent partner,&#8221; the test concluded.&nbsp;
<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">We tested Siri vs. ChatGPT. Siri got an "F", ChatGPT an "A", underscoring whats at stake for next years new Siri.<a href="https://t.co/M1wudSgwnX">https://t.co/M1wudSgwnX</a>
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1938625233365135774?ref_src=twsrc%5Etfw">June 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It&#8217;s Important: Apple's upgraded Siri, first unveiled at <a href="https://www.benzinga.com/news/24/06/39245542/dont-miss-apples-wwdc-2024-keynote-how-and-where-to-watch-on-june-10">WWDC 2024</a> and originally slated for spring 2025, will now launch a year later in spring 2026.
Earlier this week, BofA analyst Wamsi Mohan kept a &#8216;Buy&#8217; rating on the Apple stock with a $235 price target, citing reports that Apple may <a href="https://www.benzinga.com/markets/tech/25/06/46041473/apple-eyes-perplexity-ai-acquisition-while-facing-shareholder-lawsuit-over-exaggerated-ai-progress-report">acquire, or partner with</a> Perplexity AI to strengthen its AI search capabilities, enhance Siri, reduce reliance on Alphbaet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and expand into the search advertising market.
On the other hand, Chamath Palihapitiya has criticized Apple on the All-In podcast, saying that the company's <a href="https://www.benzinga.com/markets/tech/25/06/46068152/whats-next-for-apple-chamath-palihapitiya-fires-back-dont-think-they-have-any-chance-of-anything-dismisses-glasses-and-ai-hopes">dependence on iPhone sales</a> and incremental updates shows it has little chance of delivering major innovations, while noting its culture may stifle bold ideas.
However, others on the panel argued Apple's shift to recurring revenue has been successful, even if moving into AI could prove to be more challenging.
Benzinga's Edge Stock Rankings indicate that Apple is showing a persistent decline over the short, medium, and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance insights can be found here</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Siri Gets 'F' While OpenAI's ChatGPT Scores An 'A:' Gene Munster Says Here's What Apple Needs To Fix Before 2026 Launch To Stay Relevant In AI

Kevin O&#8217;Leary, the famous investor from &#8220;Shark Tank,&#8221; has shared a smart method to break the addictive cycle of <a href="https://www.benzinga.com/news/25/06/45737262/kevin-oleary-loves-credit-card-companies-because-americans-cant-stop-paying-crazy-23-interest-mr-won">credit card spending</a>, urging people to look closely at the long-term financial cost of their impulsive purchases.
What Happened: In his book, "Cold Hard Truth on Men, Women and Money," which was originally published in 2012, O&#8217;Leary spoke about how many people are trapped in a &#8220;credit card trance,&#8221; spending money they don't have, <a href="https://www.thestreet.com/personal-finance/shark-tanks-kevin-oleary-has-big-money-warning-for-all-americans">reported</a> The Street.
According to O&#8217;Leary, when people buy items on credit, they often fail to consider the true cost of those purchases, particularly the interest paid over time.
He encouraged readers to ask themselves before each purchase: &#8220;Will the interest I pay on this item outlive my interest in this item?&#8221; If the answer is yes, O&#8217;Leary advised against making the purchase.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46133145/apple-opens-eu-app-store-to-external-payments-to-avoid-fines-under-digital-markets-act-but-adds-new-fees" target="_blank" rel="noreferrer noopener">Apple Opens EU App Store To External Payments To Avoid Fines Under Digital Markets Act, But Adds New Fees</a>
The investor also warned that using credit cards for emotional relief, or &#8220;retail therapy,&#8221; is a dangerous habit. "I love money because, employed properly, it's a source of creative energy," he wrote in his book. "Stuff, on the other hand, merely uses up energy by killing money."
Why It&#8217;s Important: O'Leary has often described consumer debt as "<a href="https://www.benzinga.com/news/25/02/43424608/21-interest-rates-youve-got-to-be-kidding-me-kevin-oleary-slams-credit-card-debt-as-the-real-silent-killer-in-america">the silent killer</a>." Back in February, he told Graham Stephan on his podcast that he avoids debt entirely, paying for everything with cash.
He's not alone in warning about the <a href="https://www.benzinga.com/personal-finance/24/05/39092288/if-you-use-your-credit-card-you-do-not-want-to-be-rich-warns-mark-cuban-on-the-dave-ramsey-show">dangers of credit cards</a>. Mark Cuban, another billionaire from Shark Tank, earlier told Dave Ramsey on The Ramsey Show that using credit cards is a barrier to building wealth. &#8220;If you use your credit cards, you do not want to be rich.&#8221;
Earlier this year, in March, Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>), the biggest private-label credit card issuer in the U.S., said that <a href="https://www.benzinga.com/news/large-cap/25/03/44482518/major-credit-card-provider-warns-us-consumers-are-spending-less">persistent inflation is pushing consumers</a> to cut back on spending.
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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.
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Personal Finance

Kevin O'Leary Has A Trick To Break The Credit Card Trance: Here's What He Wants You To Look Closely At

Elon Musk&#8216;s Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) failed to dismiss a lawsuit over a fatal car crash involving its Model S. The judge&#8217;s decision paves the way for a potential trial.
What Happened: A federal judge in Miami, Beth Bloom, ruled that the estate of Naibel Benavides Leon and her former boyfriend, Dillon Angulo, can proceed with their claims against Tesla for design defects and failure to warn, according to a report by Reuters on Friday.
The lawsuit is related to an April 2019 incident where a Tesla Model S, equipped with Autopilot, crashed into the victims&#8217; parked Chevrolet Tahoe in Key Largo, Florida.
See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46105919/byd-beats-tesla-in-europe-never-been-such-a-product-offensive-done">BYD Beats Tesla In Europe: Never Been &#8216;Such A Product Offensive Done&#8217;</a>
The judge&#8217;s decision also allows the plaintiffs to seek punitive damages. The trial is scheduled for July 14.
Why It Matters: Tesla, based in Austin, Texas, has long been under scrutiny for the safety of its self-driving technology. The company has repeatedly emphasized that its <a href="https://www.benzinga.com/news/22/02/25681053/tesla-sued-over-alleged-suspension-failure-in-fatal-florida-crash-that-killed-2-last-year">autopilot features</a> are meant for &#8220;<a href="https://www.benzinga.com/news/25/03/44458804/elon-musk-10-years-ago-called-autonomous-driving-a-solved-problem-said-we-will-be-there-in-a-few-years">fully attentive</a>&#8221; drivers and do not make its vehicles autonomous.
Earlier this month, Tesla faced <a href="https://www.benzinga.com/markets/tech/25/06/46041090/tesla-faces-safety-questions-from-regulators-ahead-of-robotaxi-launch-in-austin">safety questions from regulators</a> as it prepared to launch its Robotaxi service in Austin, Texas. The regulators were particularly concerned about the performance of Tesla&#8217;s self-driving technology in challenging weather conditions.
In a separate incident, a wrongful death lawsuit was filed against Tesla in New Jersey over a 2024 crash involving a Model S that claimed three lives. The lawsuit alleges that the crash was due to the car&#8217;s &#8220;<a href="https://www.benzinga.com/markets/tech/25/06/46068107/elon-musks-tesla-faces-wrongful-death-lawsuit-over-model-s-crash-which-claimed-3-lives-plaintiffs-call-cars-design-defective-and-unreasonably-dangerous">defective and unreasonably dangerous design</a>.&#8221;
Price in Action: Tesla closed at $323.63, down 0.66% for the day. A slight dip of 0.28% was seen in after-hours trading, amounting to $322.71, according to <a href="http://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Benzinga's Edge Stock Rankings indicates Tesla stock has Momentum in the 78th percentile. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out</a> the stock value of other automotive companies.
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Elon Musk's Tesla Loses Bid To Dismiss Fatal Crash Lawsuit, Trial Set for July

Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos and journalist Lauren Sánchez <a href="https://www.benzinga.com/news/politics/25/06/46087635/bernie-sanders-slams-jeff-bezos-lavish-wedding-plans-demands-end-to-oligarchy-amazon-founder-pays-1-1-tax-takes-500-million-yacht-to-venice-while-kids-go-hungry">tied the kno</a>t on Friday in a luxurious wedding that cost an estimated $50 million.
The three-day celebration took place in Venice, drawing <a href="https://www.benzinga.com/news/events/25/06/46136092/jeff-bezos-lauren-sanchez-wedding-draws-star-studded-guest-list-to-venice-here-are-the-celebs-who-showed-up-so-far">numerous A-list celebrities</a> and spotlighting extravagant details like foam parties, custom-designed goodie bags and high-end fashion.
Foam Party On Bezos' $500 Million Yacht
The festivities began with an unconventional foam party on Bezos' $500 million super yacht. The yacht was anchored near Croatia's Unije Island, where the couple celebrated Sánchez's son Evan Whitesell's 19th birthday, <a href="https://www.theguardian.com/technology/2025/jun/27/jeff-in-venice-seven-takeaways-from-the-bezos-sanchez-wedding">reported</a> The Guardian.
See Also:&nbsp;<a href="https://www.benzinga.com/news/politics/25/06/46087132/elizabeth-warren-says-the-tax-break-for-mark-zuckerbergs-meta-is-so-bountiful-under-trumps-big-beautiful-bill-that-35-copay-from-each-american-wont-still" target="_blank" rel="noreferrer noopener">Elizabeth Warren Says The Tax Break For Mark Zuckerberg's Meta Is So Bountiful Under Trump's ‘Big Beautiful Bill' That $35 Copay From Each American Won't Still Match It</a>
A Charitable Wedding Invitation
For a couple with a fortune worth billions, Bezos and Sánchez asked guests for something a little unusual: no gifts. Instead, they encouraged guests to make donations on their behalf to charitable causes, including Venice International University and lagoon restoration efforts, the report said.
Exclusive Goodie Bags For Guests
Each guest was given a specially curated goodie bag, which included sweet treats from a renowned Venetian pastry shop, Rosa Salva and colorful Murano glassware from Laguna~B.
Thunderstorms And Public Protests
The celebrations weren't without their hiccups. On Thursday night, a freak thunderstorm disrupted one of the welcoming events at the Madonna dell'Orto cloisters, soaking guests and cutting the event short.
Additionally, public <a href="https://www.benzinga.com/news/entertainment/25/06/46062022/protests-rock-jeff-bezos-gondola-want-to-rent-venice-for-a-wedding-pay-more-tax">protests against the couple's lavish wedding</a> took place, with activists voicing opposition to the extravagant celebration, the report added.
Fashion Choices And Iconic Looks
Sánchez was seen arriving at the ceremony dressed in what appeared to be an Audrey Hepburn-inspired look, with a headscarf and sunglasses.
As per the report, speculations were that she would wear a Dolce &amp; Gabbana dress, as she has been a long-time fan of the Italian brand.
Art And Culture For The Elite
For some of the guests, including Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates, the celebration also included a cultural experience. Gates, with an art collection valued at $127 million, visited the Gallerie dell&#8217;Accademia, home to works like Titian's Pietà, during some downtime before the ceremony, the report said.
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Entertainment

Jeff Bezos, Lauren Sanchez Get Married In A $50 Million Wedding In Venice: From Foam Party On His $500 Million Yatch To Goodie Bags, Here's What We Know

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) CEO&nbsp;Jim Farley voiced skepticism about&nbsp;Tesla Inc.'s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) autonomous driving strategy, underscoring the necessity of consumer trust and prudence.
What Happened: During the Aspen Ideas Festival, Farley emphasized the potential of laser sensor systems, such as those employed by Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)&nbsp;Waymo, according <a href="https://fortune.com/2025/06/27/ford-ceo-jim-farley-waymo-self-driving-lidar-more-sense-than-tesla-aspen-ideas/">to</a>&nbsp;Fortune.
In a conversation with Walter Isaacson, Farley compared the systems of Waymo and Tesla, expressing a preference for Waymo&#8217;s approach.
"When you have a brand like Ford, when there's a new technology, you have to be really careful," he said.
Farley highlighted the critical role of LiDAR, a technology used by companies like Waymo in self-driving vehicles. Farley stated, "We&nbsp;really believe that LiDAR is&nbsp;mission critical."
He acknowledged the advancements of both companies but emphasized Ford&#8217;s belief in the importance of LiDAR, noting its capability to detect obstacles that cameras might overlook.
"We decided, as a company, that a cooler problem than full autonomy in an urban setting was high speed, eyes off. Push a button and read a book in your car," Farley said.
Tesla, which employs a camera-only strategy for autonomous driving, recently introduced a robotaxi service in Austin.
This approach has faced scrutiny within the industry, although&nbsp;Elon Musk&nbsp;argues it is cost-effective. Meanwhile, Ford plans to collaborate with self-driving software firms as technology progresses, focusing on its &#8220;BlueCruise&#8221; Level 2 system.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46156518/elon-musk-reacts-after-tesla-completes-autonomous-delivery-of-model-y-from-factory-to-customer-home-">Elon Musk Reacts After Tesla Completes Autonomous Delivery Of Model Y: From Factory To Customer Home Across Town, Through Highways</a>
Why It Matters: Ford&#8217;s decision to prioritize LiDAR technology over Tesla&#8217;s camera-only approach highlights a significant divergence in strategies within the autonomous vehicle industry. Tesla&#8217;s <a href="https://www.benzinga.com/markets/tech/25/06/45966726/tesla-vehicle-production-cost-1-7-that-of-waymo-elon-musks-ev-giant-closer-to-full-autonomy-than-competition-report">production costs</a> for vehicles are reportedly just &#8220;1/7&#8221; of Waymo&#8217;s, and this cost efficiency allows Tesla to deploy more vehicles on the road, potentially accelerating its path to full autonomy.
Furthermore, Tesla&#8217;s robotaxi service, which recently launched in Austin, is considered to have a major advantage <a href="https://www.benzinga.com/markets/tech/25/06/46133153/tesla-robotaxi-has-a-major-advantage-over-rivals-waymo-and-zoox-says-gary-black-could-be-very-significant">over competitors</a> like Waymo and Zoox. Gary Black of The Future Fund LLC highlighted that every Tesla robotaxi is factory-ready, giving it a significant edge in the market.
Despite the differing approaches, Tesla&#8217;s safety record is noteworthy. Social Capital CEO Chamath Palihapitiya <a href="https://www.benzinga.com/markets/tech/25/06/45966113/tesla-crashes-significantly-lower-than-national-average-chamath-palihapitiya-weighs-in-on-why-its-the-ideal-choice-for-teenage-drivers">pointed out</a> that Tesla&#8217;s crash rates are significantly lower than the national average, making it an ideal choice for teenage drivers.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">&nbsp;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.
Photo courtesy: Sundry Photography / Shutterstock.com

Ford CEO Jim Farley Believes Waymo's Approach Makes More Sense Than Elon Musk-led Tesla's: 'When You Have A Brand Like Ford... You Have To Be Really Careful'

The U.S. Senate has rejected a Democratic-led proposal to limit President Donald Trump&#8216;s authority to use military force against Iran.
What Happened: The Senate, led by Republicans, voted 53-47 against a resolution that would have required Congressional approval for any further military actions against Iran, according to a Reuters report.
The vote, which took place on Friday, was largely divided along party lines, with only one Democrat, Pennsylvania&#8217;s Sen John Fetterman (D-Pa.), voting against the resolution. Sen. Rand Paul (R-Ky.) voted in favor of the resolution, aligning with the Democrats.
Sen. Tim Kaine (D-Va.), the resolution&#8217;s chief sponsor, has been advocating for years to restore Congress&#8217;s authority to declare war, which has been assumed by both Republican and Democratic presidents. Emphasizing on power granted by the Constitution to Congress, not the president, the sole authority to declare war, 
Kaine in his speech said, &#8220;If you think the president should have to come to Congress, whether you are for or against a war in Iran, you&#8217;ll support Senate Joint Resolution 59, you&#8217;ll support the Constitution that has stood the test of time,&#8221;
See Also: <a href="https://benzinga.com/markets/macro-economic-events/25/06/46135149/trump-has-already-won-by-dodging-accountability-in-fed-showdown-says-apollos-jim-ze">Trump Has &#8216;Already Won&#8217; By Dodging Accountability In Fed Showdown, Says Apollo&#8217;s Jim Zelter</a>
Trump&#8217;s administration has faced criticism from lawmakers for the recent U.S. strikes on Iran and the uncertainty surrounding Iran&#8217;s highly enriched uranium stockpiles. Despite this, the Senate&#8217;s Republican majority argued that the strikes were within the President&#8217;s rights as Commander-in-Chief and did not signify the beginning of prolonged hostilities.
Why It Matters: The Senate&#8217;s decision to uphold Trump&#8217;s war powers comes in the wake of heightened tensions between the U.S. and Iran.
The U.S. military executed precision strikes on <a href="https://www.benzinga.com/news/politics/25/06/46043305/donald-trump-announces-spectacular-military-success-as-us-strikes-key-iranian-nuclear-sites">three key Iranian nuclear facilities</a>, including Fordo, Natanz, and Isfahan, which President Trump hailed as a &#8216;spectacular military success.&#8217;
Trump has also announced the possibility of further strikes if Iran resumes enriching uranium to concerning levels. Despite these developments, Trump declared a ceasefire between Israel and Iran, <a href="https://www.benzinga.com/news/politics/25/06/46072859/trump-says-israel-is-not-going-to-attack-iran-after-ceasefire-violation-turn-around-and-head-home">asserting that Israel would not attack Iran</a>.
Trump&#8217;s administration then announced <a href="https://www.benzinga.com/news/politics/25/06/46107752/trump-announces-iran-nuclear-talks-following-us-strikes-that-severely-damaged-iranian-nuclear-program">nuclear talks with Iran</a> following the U.S. strikes, which were said to have severely damaged Iran&#8217;s nuclear capabilities. These developments sparked debate and concern, with Trump&#8217;s approval ratings <a href="https://www.benzinga.com/news/politics/25/06/46129934/trump-approval-ratings-drop-after-attack-on-iran-tie-for-worst-since-second-term-started">experiencing a significant drop</a> in the lead-up and aftermath of the strikes.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
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Politics

Senate Defends Trump's War Powers, Rejects Push For Congressional Approval For Further Action Against Iran

President&nbsp;Donald Trump&nbsp;hinted at the possibility of adjusting the early July deadline for reinstating significant U.S. tariffs on various countries.
What Happened: On Friday, Trump suggested that the July 9 deadline for a U.S.-EU trade deal might not be set in stone.
"We&nbsp;can do whatever we want,"&nbsp;he told reporters at the White House, according <a href="https://www.cnbc.com/2025/06/27/trump-tariff-trade-deadline-july.html">to</a> a CNBC report.
"We could extend it. We could make it shorter."
This statement also addressed the July 8 deadline, which marks the end of&nbsp;a three-month pause on his&nbsp;"Liberation Day" tariffs.
The pause temporarily reduced tariffs to 10%, but they could revert to higher rates unless Trump&#8217;s executive order from April 9 is amended.
During the 90-day pause, the White House aimed to negotiate individual trade agreements, but&nbsp;with less than two weeks&nbsp;left, only limited&nbsp;agreements with China and the&nbsp;United Kingdom have been finalized.
Trump mentioned deals with "probably four or five different&nbsp;countries," yet emphasized the extensive list of countries still targeted by tariffs.
Despite a federal trade court ruling against the tariffs in May,&nbsp;a federal appeals court has&nbsp;temporarily halted that decision.&nbsp;White House press secretary Karoline&nbsp;Leavitt hinted at the possibility of extending the July deadlines, but emphasized that the decision rests with the President.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46156417/supreme-court-hands-trump-a-monumental-victory-as-it-limits-judges-power-to-block-presidents-birthr">Supreme Court Hands Trump A ‘Monumental Victory' As It Limits Judges' Power To Block President's Birthright Citizenship Order</a>
Why It Matters: Trump&#8217;s recent remarks come on the heels of a <a href="https://www.benzinga.com/news/politics/25/06/46150909/trump-canada-tariffs-dollar-deal">dramatic shift</a> in trade negotiations with Canada. On the same day, Trump halted all trade talks with Canada, citing their new Digital Services Tax on American technology companies as a &#8220;direct and blatant attack&#8221; on the U.S.
Meanwhile, the U.S. and China have <a href="https://www.benzinga.com/news/politics/25/06/46133537/howard-lutnick-confirms-us-china-trade-agreement-reaffirms-white-houses-progress-to-close-deals-with-10-other-trading-partners">finalized</a> a trade agreement, building on discussions held in Geneva last month. Commerce Secretary Howard Lutnick confirmed the deal, noting plans to secure agreements with ten other major trading partners.
Trump's tariff preference is not new. In a 1988 interview on The Oprah Winfrey Show, Trump voiced his frustration with U.S. allies, asserting that they should &#8220;pay their fair share&#8221; in trade relations with the United States. He specifically pointed to Japan and Kuwait as examples of nations benefiting at the expense of the U.S.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock.com

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