Dernières nouvelles pour Netclass Technology (NASDAQ:NTCL) Stock

Netclass Technology Inc is a business-to-business smart education specialist, providing IT solutions to schools, training institutions, corporations, public agencies and other institutions or corporate customers. It offers SaaS subscription service and application development. The solution's modules include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit blockchain system, and lecturer evaluation services.

NETCLASS TECHNOLOGY INC - Class A Ordinary Shares

Netclass Technology Inc

FDA Commissioner Marty Makary on Tuesday named Vinay Prasad the next director of the U.S. Food and Drug Administration&#8217;s (FDA) Center of Biologics Evaluation and Research (CBER).
Dr. Prasad has openly criticized the biopharma industry and the FDA for using accelerated approvals broadly based on surrogate endpoints.
&#8220;We are surprised by the announcement because it seems to be in stark contrast to themes and initiatives that have been laid out by Dr. Makary, and it comes on the heels of large personnel departures across the FDA, raising questions on the ability to meet review timelines,&#8221; writes <a href="https://www.benzinga.com/topic/william-blair">William Blair </a>of Blue Matrix.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45234032/fda-expands-surprise-inspections-at-foreign-drug-and-food-facilities-targets-double-standards-in-overseas-manufac" rel="noreferrer noopener">FDA Expands Surprise Inspections At Foreign Drug And Food Facilities, Targets Double Standards In Overseas Manufacturing Oversight</a>
Analyst Matt Phipps adds that there are many questions about how Prasad will shape regulatory decisions as the new head of CBER. Investors also seem confused about what CBER regulates compared to the Center of Drug Evaluation and Research (CDER).
Generally, drugs like antibodies, bispecifics and antibody-drug conjugates (ADCs) are reviewed by CDER, even though they use biologics license applications (BLAs).
CBER, on the other hand, oversees gene and cell therapies, vaccines and some other biological products. CDER typically handles therapeutic antibodies, proteins, cytokines and enzymes.
Blair wrote on Tuesday that for cell and gene therapies stocks that have reacted negatively, there are outstanding questions and increased uncertainty now as the analyst waits to see whether Makary or Prasad will have more impact on the guidelines and regulatory development requirements for these novel therapies, particularly in rare diseases.
Since being confirmed as commissioner, Makary has advocated for more accelerated approval opportunities for ultrarare diseases or therapies with overwhelming efficacy.
The vaccine space continues to face negative sentiment from HHS Secretary Robert F. Kennedy Jr., who requested placebo-controlled studies for new vaccine approvals.
Prasad&#8217;s appointment at CBER will likely continue to pressure this sector.
&#8220;Under Secretary Kennedy&#8217;s leadership, all new vaccines will undergo safety testing in placebo-controlled trials prior to licensure — a radical departure from past practices,&#8221; HHS <a target="_blank" href="https://edition.cnn.com/2025/04/30/health/hhs-vaccine-placebo-testing" rel="noreferrer noopener">told</a> CNN in a statement Wednesday.
Blair writes that from the coverage list, Moderna Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) has seen a sharp sell-off and remains in a difficult position with a politically out-of-favor mRNA vaccine technology and a potentially more restrictive CBER head and review process for new vaccine products.
In contrast, Dynavax Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DVAX#NASDAQ">DVAX</a>) remains largely insulated given that Heplisav is approved and the analyst sees less scrutiny on adult vaccines that are not being pushed as mandatory.
Taysha Gene Therapies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) fell 18%, Solid Biosciences Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDB#NASDAQ">SLDB</a>) closed 20.3% lower, Capricor Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPR#NASDAQ">CAPR</a>) stock closed 29% lower, Crispr Therapeutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>) stock closed 12% lower, Sarepta Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) stock closed 27% lower, Moderna fell 12%, Pfizer Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) fell 4.2%, and Novavax Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) closed 3.2% on Tuesday. Virtus LifeSci Biotech Clinical Trials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBC#NYSE">BBC</a>) closed 9.74% lower at $17.15 and SPDR Series Trust SPDR S&amp;P Biotech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XBI#NYSE">XBI</a>) fell 6.63% to $77.17 on Tuesday.
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CRSP

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NVAX

SLDB

SRPT

TSHA

Vinay Prasad's Appointment To FDA's CBER Triggers Questions Over Future Of Cell And Gene Therapy Regulation

Cantor Fitzgerald analyst Matthew Prisco downgrades Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) from Overweight to Neutral and lowers the price target from $125 to $60.

Downgrades

Price Target

MRVL

Cantor Fitzgerald Downgrades Marvell Tech to Neutral, Lowers Price Target to $60

WIIM

CRUS

CRUS stock has given up its prior gain. Cirrus Logic shares were trading higher after the company reported better-than-expected Q4 financial results and issued Q1 sales guidance with its midpoint above estimates. Also, Barclays raised its price target on the stock from $80 to $90.

Bunge Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) shares are trading higher in the premarket session on Wednesday<a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45246792/bunge-reports-first-quarter-2025-results" rel="noreferrer noopener"> after reporting first-quarter results</a>.
The company reported quarterly adjusted earnings per share of $1.81, beating the street view of $1.29. Quarterly sales of $11.64 billion (down 13% year over year) missed the analyst consensus estimate of $13.05 billion.
&#8220;We benefited in the first quarter from tariff-related timing shifts in demand and farmer activity and remain confident in our ability to continue to execute despite the current market environment,&#8221; said Greg Heckman, Bunge&#8217;s Chief Executive Officer.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/44990627/bunge-repsol-launch-next-gen-biofuel-initiative-in-europe-target-90-emissions-cut" rel="noreferrer noopener">Bunge, Repsol Launch Next-Gen Biofuel Initiative In Europe, Target 90% Emissions Cut</a>
Adjusted Segment EBIT in the quarter under review was $406 million, lower than $719 million in the year-ago period.&nbsp;
Gross profit was&nbsp;$597 million, lower than $876 million in the year-ago period.
The company exited the quarter with cash and equivalents worth $3.245 billion, and inventories worth $7.817 billion.
Bunge&#8217;s long-term debt at quarter end was $4.714 billion, higher than $4.694 billion at the end of December 31, 2024.
Bunge is in the final stage of the regulatory process for its Viterra transaction. It has also strengthened business alignment by agreeing to divest its regional corn milling and margarine businesses.
Outlook: Bunge has maintained its 2025 adjusted earnings per share forecast at approximately $7.75, slightly below the $7.79 estimate, excluding the impact of upcoming acquisitions and divestitures.
Bunge expects its 2025 adjusted effective tax rate to range between 21% and 25%.
Capital expenditures are expected to fall within the $1.5 billion to $1.7 billion range. Depreciation and amortization are forecast at approximately $490 million.
Price Action: Bunge shares are trading higher by 0.03% to $78.19 at last check Wednesday.
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Earnings

Equities

Guidance

Markets

Bunge Q1 EPS Beats Expectations, CEO Credits 'Tariff-Related Timing Shifts' As Tailwind

<a href="https://www.c-span.org/event/public-affairs-event/vice-president-vance-remarks-at-munich-leaders-meeting-in-washington-dc/433043" title="https://www.c-span.org/event/public-affairs-event/vice-president-vance-remarks-at-munich-leaders-meeting-in-washington-dc/433043">https://www.c-span.org/event/public-affairs-event/vice-president-vance-remarks-at-munich-leaders-meeting-in-washington-dc/433043</a>

Macro Economic Events

Politics

Economics

Live At Munich Leaders Meeting, Vice President JD Vance On EU/US Trade Issues Says We Are Having Conversations With European Friends; We Want European Markets Open To American Goods

<a href="https://www.c-span.org/event/public-affairs-event/vice-president-vance-remarks-at-munich-leaders-meeting-in-washington-dc/433043">https://www.c-span.org/event/public-affairs-event/vice-president-vance-remarks-at-munich-leaders-meeting-in-washington-dc/433043</a>

U.S. Vice President Vance Says We Think There Is A Deal That Would Reintegrate Iran Into Global Economy

TPG Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>) shares are trading lower on Wednesday. On Tuesday, the company disclosed a deal to acquire Peppertree Capital Management, Inc. in a cash and <a href="https://www.benzinga.com/pressreleases/25/05/b45236588/tpg-to-acquire-peppertree-capital-management" target="_blank" rel="noreferrer noopener">equity deal worth up to $660 million</a>.
The transaction involves a combination of cash and equity, estimated at up to $242 million in cash and up to $418 million in equity payable upon closing, with both amounts subject to certain adjustments.
The agreement also includes potential earnout payments&nbsp;of up to $300 million&nbsp;based on Peppertree&#8217;s future performance.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/04/45045012/sabre-divests-hospitality-arm-tpg-plans-debt-reductioncore-platform-focus" rel="noreferrer noopener">Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction</a>
The transaction has been approved by TPG&#8217;s Board of Directors and is anticipated to close in the third quarter of 2025, subject to standard closing conditions.
Upon completion, Peppertree is poised to significantly enhance TPG&#8217;s capabilities in developing wireless communication towers and network infrastructure.
This increased scale is anticipated to complement TPG&#8217;s existing leading position across its Internet, Digital Media &amp; Communications (IDMC) platform.
The combined assets under management (AUM) of TPG and Peppertree is projected to be $253.6 billion on a pro forma basis, and the transaction is expected to immediately increase TPG&#8217;s fee-related earnings and after-tax distributable earnings per share upon closing.
David Trujillo and John Flynn, Partners at TPG, added, &#8220;Peppertree&#8217;s track record of investing in high-quality wireless communications towers and critical digital infrastructure assets, combined with TPG&#8217;s thematic investing approach and legacy of scaling innovative internet and communications companies, positions us to leverage our collective insights and expertise to build high-quality, growing digital infrastructure-related businesses.&#8221;
In a separate release, TPG, in partnership with Corpay, agreed to acquire AvidXchange Holdings, Inc. for $10 per share in a <a href="https://www.benzinga.com//node/45250388">cash transaction valued at $2.2 billion</a>.
As of December 31, TPG&#8217;s cash and cash equivalents <a target="_blank" href="https://www.benzinga.com//node/43620976" rel="noreferrer noopener">stood at around $147 million</a>.
TPG plans to release <a href="https://www.benzinga.com/earnings">first-quarter earnings</a> before the market opens on May 7, 2025.
Investors can gain exposure to the stock via Invesco Global Listed Private Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSP#NYSE">PSP</a>) and EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/LBO#BATS">LBO</a>).
Price Action: TPG shares are down 1.28% to $45.60 at the last check on Wednesday.
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Large Cap

TPG Boosts Digital Infrastructure Portfolio With $660 Million Peppertree Acquisition

TDC stock has given up its prior loss. Teradata shares were trading lower after the company reported a Q1 sales miss and issued Q2 guidance below estimates.

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="900" height="600" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/07091027/Keytop-0507-900x600-1.png" alt="" class="wp-image-12526" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/07091027/Keytop-0507-900x600-1.png 900w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/07091027/Keytop-0507-900x600-1-300x200.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/07091027/Keytop-0507-900x600-1-768x512.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></figure>
The provider of smart parking technologies wants to capitalize on a shortage of spaces in Chinese cities as it looks to go public in Hong Kong
<h4 class="wp-block-heading">Key Takeaways:</h4>
<ul>
<li>Keytop has filed for a Hong Kong IPO, highlighting the money-making potential of its smart parking technologies in China's congested cities</li>
<li>The company's revenue grew by an uninspired 8% last year, but it boasted a strong gross margin of about 46%</li>
</ul>
Parking can be a pain in cities, especially in China, where car ownership has only become common over the last two decades.&nbsp;Keytop Parking Inc.&nbsp;is looking to turn that to its advantage as it tries to find its own parking spot on the Hong Kong Stock Exchange.
That company, a provider of smart parking technologies, filed for a Hong Kong IPO last week, aiming to sell investors on its growth potential in a country that's facing a shortage of parking spaces as a result of its rapid growth in car ownership.
Keytop looks like a compelling proposition for investors, even if the market for its products is still in its early stages. Its high-tech products are designed to help parking garage owners operate their spaces as efficiently as possible while easing pain points for drivers in everything from finding empty spots to paying fees. Such services make a lot of business sense in China as there is only one parking space available for every two vehicles on the road, according to third-party data cited in the company's&nbsp;<a href="https://www1.hkexnews.hk/app/sehk/2025/107324/documents/sehk25042905163.pdf">IPO lisiting document</a>.
"This gap between supply and demand is a major factor contributing to urban parking difficulties for vehicle owners and drivers," Keytop said. This situation has generated demand "for expanding parking infrastructure and optimizing the utilization efficiency of existing parking facilities, thereby propelling the development of the parking space operation industry in China."
While Keytop's parking proposition sounds good on paper, it also faces some obstacles due to the relatively high costs of its technologies. China's ongoing real estate slump, and a sluggish economy in general, mean that many parking lot operators aren't likely to want to rush to spend big sums on garage upgrades using Keytop's products. That reality appears to be hamstringing the company's growth. Its revenue increased just 8% to about 800 million yuan ($110 million) last year, slower than the 14% in 2023, though neither figure is likely to win Keytop any "hot company" awards.
But Keytop operates on nice margins that underpin its ability to make profits, something a lot of Chinese startups struggle to achieve. Its gross margin last year was about 46%, which ultimately cascaded into a net profit of 98 million yuan. The latest annual profit was down a bit from 2023, but that was mostly because of a decline in non-operational income, including government grants and compensation for early termination of a contract in 2023.
Keytop's smart parking niche is relatively new, but the company itself has solid credentials in the parking industry. It was founded in 2006 as China's first maker of LED indicators of parking space availability, according to its prospectors. Now, the company's products are divided into three categories: smart solutions, smart services and smart operations.
Smart solutions comprise both hardware and software, using a range of technologies like internet of things, mobile payments, big data and artificial intelligence to make the parking process more efficient in facilities and on streets, and to make pedestrian management easier. Smart services are designed to automate the management of parking spaces, while smart operations offer technology-driven operational models for parking facility owners.
<h4 class="wp-block-heading">Smart solutions</h4>
Among those three segments, smart solutions are the company's bread-and-butter, contributing about 60% of its revenue last year. Smart services accounted for the bulk of the remainder.
Keytop says demand for its products is bound to grow as inefficiently operated current parking garages and growing car ownership exacerbate the space shortage. Congestion in parking facilities not only creates stress for drivers but also hinders revenue generation for their owners or operators.
Reducing the time drivers stay in their vehicles to find empty spots can also help cut greenhouse gas emissions, a key focus area for Chinese policymakers. That's an important factor for Keytop in a country like China, since it means the company can receive strong government support both financially and in the form of other incentives for companies that use its products and services.
Given all these factors, the size of the market for smart parking facility technologies in China is expected to zoom at a compound annual growth rate of 30% from 2024 to 2029 to hit 91.9 billion yuan, according to the company's listing document.
The market may have good growth prospects, but it appears to be heavily congested with similarly minded companies, just like China's parking lots. Keytop says it ranks second among smart parking companies in terms of revenue, but its market share is a mere 3%. Intensifying competition, which looks inevitable, could force the company to cut its prices and sacrifice its margins to defend its market position.
For companies operating in such emerging industries with new players constantly joining, especially in a technology-based one like smart parking, continual investment in new product development is critical. In this regard, extra capital from the Hong Kong IPO, if it succeeds, would be handy for Keytop, although it already generates positive cash flow from its operations.
It's not clear how much the company is looking to raise at this point, but the share performance of&nbsp;Huachen AI Parking Management Technology&nbsp;(HCAI.US), a builder of automated parking garages that went public in New York in February, could help gauge investor interest in companies in this line of business.
Huachen raised just $6 million in gross proceeds from the offering after pricing its shares at $4 each, below the bottom end of its indicative range of $5 to $7. But the shares have performed nicely since their debut, nearly doubling to trade at a price-to-earnings (P/E) ratio of 76 and a price-to-sales (P/S) ratio of 4.
A similar P/S ratio would give Keytop a market capitalization of $440 million, based on its annual revenue for 2024, which would translate into a P/E ratio of about 32.
Keytop has better margins and more stable finances than Huachen, so it could command higher valuation multiples. The big question will be whether it can preserve its profitability while accelerating its growth in a competitive industry that's closely tied to China's real estate and auto sectors that aren't going anywhere fast.

Asia

Travel

IPOs

Opinion

Turning Parking Pains To Gains In A Country With One Available Spot For Every Two Vehicles

Cantor Fitzgerald analyst Andres Sheppard reiterates Lucid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) with a Neutral and maintains $3 price target.

Reiteration

LCID

Cantor Fitzgerald Reiterates Neutral on Lucid Group, Maintains $3 Price Target

Cantor Fitzgerald analyst Andres Sheppard reiterates Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) with a Neutral and maintains $15 price target.

RIVN

Cantor Fitzgerald Reiterates Neutral on Rivian Automotive, Maintains $15 Price Target

BuzzFeed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZFD#NASDAQ">BZFD</a>) affirms FY2025 sales outlook from $195.00 million-$210.00 million to $195.00 million-$210.00 million.

BZFD

BuzzFeed Affirms FY2025 Sales Guidance of $195.00M-$210.00M, representing 3–10% growth YoY

Live At Munich Leaders Meeting, Vice President JD Vance On China Strategy With Taiwan Says No Conversation About Strategic Deal

U.S. stocks traded higher this morning, with the Dow Jones index gaining over 150 points on Wednesday.
Following the market opening Wednesday, The Dow traded up 0.43% to 41,002.53 while the NASDAQ gained 0.12% to 17,711.72. The S&amp;P 500 also rose, gaining, 0.21% to 5,618.52.
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Leading and Lagging Sectors Communication services shares rose by 0.6% on Wednesday.
In trading on Wednesday, information technology stocks fell by 0.1%.
Top Headline
Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) reported better-than-expected fiscal second-quarter 2025 results on Wednesday.
The company reported quarterly revenue growth of 7% year-on-year to $23.62 billion, beating the analyst consensus of $23.14 billion driven by its Entertainment and Experiences businesses. Adjusted EPS of $1.45 beat the analyst consensus of $1.20.
For fiscal 2025, Disney projected an adjusted EPS of $5.75, an increase of 16% over fiscal 2024 versus a $5.44 analyst estimate (compared to the prior estimate of high-single-digit growth).
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Asset Entities Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) shares shot up 176% to $1.70 after the company announced it entered into a merger agreement with Strive Asset Management to be the first publicly traded asset management bitcoin treasury company.</li>
<li>Shares of Magic Empire Global Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEGL#NASDAQ">MEGL</a>) got a boost, surging 63% to $1.94.</li>
<li>CuriosityStream Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURI#NASDAQ">CURI</a>) shares were also up, gaining 57% to $5.18 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Digital Ally, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGLY#NASDAQ">DGLY</a>) shares dropped 83% to $0.0880. Digital Ally received positive listing determination from Nasdaq.</li>
<li>Shares of Vast Renewables Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) were down 59% to $0.1521 r after the company announced it voluntarily delisted from the Nasdaq.</li>
<li>The Hain Celestial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAIN#NASDAQ">HAIN</a>) was down, falling 48% to $1.44 after the company reported worse-than-expected third-quarter results, guided for a 5%-6% YoY decline in FY25 organic net sales, announced the departure of its CEO and said its board hired Goldman Sachs for a portfolio review.</li>
</ul>
Commodities In commodity news, oil traded down 0.5% to $58.77 while gold traded down 0.8% at $3,395.70.
Silver traded down 1.1% to $32.990 on Wednesday, while copper fell 2.3% to $4.6700.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.6%, while Spain's IBEX 35 Index fell 0.7%. Germany's DAX 40 fell 0.5% and France's CAC 40 fell 0.9% during the session.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei falling 0.14%, Hong Kong's Hang Seng Index gaining 0.13%, China's Shanghai Composite Index rising 0.80% and India's BSE Sensex gaining 0.13%.
Economics
U.S. mortgage application volumes climbed by 11% from the previous week during the week ending May 2.
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</ul>
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Eurozone

Commodities

Intraday Update

ASST

CURI

DGLY

HAIN

MEGL

VSTE

Dow Surges 150 Points; Disney Posts Upbeat Q2 Results

Wells Fargo analyst Elyse Greenspan maintains Corebridge Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRBG#NYSE">CRBG</a>) with a Overweight and raises the price target from $35 to $37.

CRBG

Wells Fargo Maintains Overweight on Corebridge Financial, Raises Price Target to $37

Gumshoe, a Seattle-based startup, has raised $2 million in pre-seed funding to help marketers understand and influence how AI-powered search engines like <a href="https://www.benzinga.com/25/04/45058959/openai-launches-ad-free-shopping-search-in-chatgpt-heres-how-it-works">ChatGPT</a> and Claude surface brand content, according to a company<a href="https://blog.gumshoe.ai/gumshoe-raises-2m-pre-seed-to-help-marketers-navigate-ai-search/"> statement</a> released last week.
The round was led by startup studio Pioneer Square Labs and included participation from Hawke Ventures and angel investor Ari Paparo, a recognized leader in the advertising technology space, as reported by<a href="https://www.geekwire.com/2025/marketers-are-freaking-out-about-ai-search-this-seattle-startup-just-raised-2m-to-help/"> GeekWire</a>.
Paparo previously co-founded Beeswax and held senior roles at Nielsen, AppNexus, and DoubleClick, according to<a href="https://clearcode.cc/blog/insiders-view-ari-paparo/"> Clearcode</a>.
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share.</a></li>
</ul>
<h2 class="wp-block-heading">Bridging the Gap Between SEO and AI Language Models</h2>
Gumshoe&#8217;s core technology generates thousands of simulated conversations with leading AI models, including OpenAI's ChatGPT and Anthropic's Claude. It then analyzes how often a brand appears, what sources are being cited, and how it stacks up against competitors, GeekWire reported.
The company describes this visibility as &#8220;share of LLM,&#8221; a new metric focused on brand mentions in large language models, distinct from traditional SEO rankings. According to GeekWire, co-founder and CEO Todd Sawicki said that understanding this new paradigm is becoming mission-critical.
Sawicki compared traditional SEO to a "high school prom king and queen" contest, where popularity often trumps precision. AI search, by contrast, favors accuracy over trend. "AI search is absolutely trying to find the canonical correct information," Sawicki, who used to be CEO of content marketing platform Zemanta, told GeekWire.
Trending: Donald Trump just announced a $500 billion AI infrastructure deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">here's how you can invest in the entertainment market's next big disruptor at $2.25 per share</a>.
The platform also identifies emerging trends in AI behavior since AI models are increasingly citing official product pages, FAQ content, and recently published material, GeekWire says, suggesting that brands need to maintain fresh, high-quality sources if they want to influence AI recommendations.
<h2 class="wp-block-heading">Industry Veterans Lead Product Innovation</h2>
Gumshoe was co-founded by Patrick O'Donnell, known for his work with Urbanspoon and MightyAI. The team also includes chief revenue officer Jim Watson, a former senior vice president at Foursquare and Placed, and head of product Stan Chang, who previously held roles at Redfin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDFN#NASDAQ">RDFN</a>) and Moloco, according to GeekWire.
Currently in public beta, Gumshoe is being used by hundreds of brands and agencies looking to benchmark their visibility inside AI systems. GeekWire writes that the company plans to introduce a paywall later this year, followed by tools that help users build optimized content specifically for AI discovery.
See Also: <a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market">Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.</a>
<h2 class="wp-block-heading">Positioning for the Future of Search</h2>
With AI platforms like ChatGPT now integrating shopping and product recommendation features, the way consumers interact with search is shifting rapidly, as outlined by GeekWire.
Gumshoe aims to ensure that brands don't just survive the transition but actually thrive in it. By offering a toolset that reveals how AI models &#8220;think&#8221; about a brand, the startup is giving marketing teams the ability to influence what used to be a black box.
With backing from major investors and support from adtech leaders like Ari Paparo, Gumshoe is stepping into a central role in the next generation of search marketing.
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
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Marketers Are Panicking About ChatGPT's Impact On SEO — Gumshoe Just Raised $2M From Top Tech Veterans To Solve The AI Search Crisis

A few years ago, the word millionaire brought to mind a crystal-clear image: someone who'd "made it." Fancy car in the driveway, a vacation home or two, maybe even that little Monopoly man with a top hat. Millionaire status was a shorthand for elite wealth—the kind that meant financial freedom and a life of ease.
But now? Hitting the million-dollar mark barely moves the needle.
According to the <a href="https://news.northwesternmutual.com/planning-and-progress-study-2024">2024 Northwestern Mutual Planning &amp; Progress Study</a>, just one-third (32%) of American millionaires actually consider themselves "wealthy." That means nearly 70%—despite having a net worth many dream about—don't feel rich at all. Even more shocking, almost half (48%) admit their financial plans need improvement.
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share.</a></li>
</ul>
So, what gives? Have Americans outgrown the millionaire dream—or has the definition of "wealth" quietly changed when no one was looking?
<h2 class="wp-block-heading">Are Americans Wealthier Than Ever?</h2>
By the numbers, yes. The wealthiest 1% of Americans—those with a net worth above $1.1 million—saw their collective net worth skyrocket by $2 trillion in the first quarter of 2024, climbing to $46.2 trillion. The U.S. also created more new multimillionaires than any other country last year, with the number of people holding over $10 million growing by 4.4%. A report by Douglas Elliman and Knight Frank, states <a href="https://www.elliman.com/corporate-resources/wealth-reports">40% of the world's ultra-high-net-worth individuals</a> now live in America.&nbsp;
<h2 class="wp-block-heading">Why Don't Millionaires Feel Wealthy?</h2>
Here's where things get complicated. Despite record-breaking net worth stats, most millionaires still feel like they're on the outside looking in. Why?
Trending: <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.
Inflation &amp; Cost of Living: In major cities like San Francisco, New York, and Seattle, even <a href="https://www.lendingtree.com/debt-consolidation/six-figures-broke-study/">top earners struggle</a> to afford homes. Last July, <a href="https://arrived.com/blog/housing-affordability-and-arrived">Arrived reported home prices surged 500%</a> in the last 40 years.
Moving Goalposts: <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2024/Schwab-Survey-Reveals-That-Americans-Think-It-Takes-2.5-Million-to-Be-Considered-Wealthy-in-2024/default.aspx">Charles Schwab's 2024 Modern Wealth Survey</a> found the average American now thinks it takes $2.5 million to be considered "wealthy"—a 14% jump from past years. In San Francisco, the number soars to $4.4 million.
Psychological Barriers: Many millionaires <a href="https://www.edelmanfinancialengines.com/press/everyday-wealth-in-america/">set their personal "wealthy" bar</a> even higher—often at $3 million or more. Fear of losing wealth, <a href="https://www.benzinga.com/25/03/44389799/why-dave-ramsey-says-your-typical-millionaire-may-look-just-like-your-next-door-neighbor">lifestyle creep</a>, and the constant comparison game all play a role. 
<h2 class="wp-block-heading">Disposable Income Is Up—But So Are Expectations</h2>
While disposable personal income continues to grow, <a href="https://www.marketplace.org/story/2024/09/27/americans-disposable-incomes-show-signs-of-strength-and-stability">up 3% annually for 2024</a>, financial stress remains high. More than half of Americans—including many earning six figures—still live paycheck to paycheck, according to a <a href="https://institute.bankofamerica.com/content/dam/economic-insights/paycheck-to-paycheck-lower-income-households.pdf">report from the Bank of America Institute</a>. Rising costs and social comparisons keep pushing the bar for what counts as "comfortable" higher and higher.
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
<h2 class="wp-block-heading">Millionaires: Disciplined, Not Delusional</h2>
Even if they don't feel rich, millionaires tend to be much more financially prepared than the general public. The Northwestern Mutual Study found:
<ul>
<li>87% expect to be financially ready for retirement (compared to just 54% of the general population).</li>
<li>78% describe themselves as disciplined financial planners.</li>
<li>69% work with financial advisors—double the rate of the general public.</li>
<li>And nearly 80% say their wealth is self-made, not inherited. Still, they share common financial worries: taxes, retirement security, and outliving their savings.</li>
</ul>
Not everyone's chasing the same number. Some want more. Some want less. It's personal. But whether your goal is a million or just peace of mind, <a href="https://www.benzinga.com/money/are-you-rich">smart planning, good advice</a>, and living within your means will always matter.
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<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.30/share with a $1000 minimum.</a></li>
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Personal Finance

70% Of Millionaires Don't Consider Themselves Rich — People Say It Take Much More Money To Feel Wealthy

Wells Fargo analyst Michael Brown maintains Brookfield Asset Mgmt (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAM#NYSE">BAM</a>) with a Underweight and raises the price target from $48 to $54.

Wells Fargo Maintains Underweight on Brookfield Asset Mgmt, Raises Price Target to $54

Wells Fargo analyst Praneeth Satish maintains Williams Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>) with a Overweight and raises the price target from $63 to $64.

Wells Fargo Maintains Overweight on Williams Companies, Raises Price Target to $64

TOVX

TOVX stock has given up its prior gain. Theriva Biologics shares were trading higher after the company announced VCN-01 was well tolerated with transient and reversible adverse events, meeting the primary safety endpoint.

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