Netstreit (NYSE:NTST) Stock

NETSTREIT CORP

Netstreit

Netstreit Corp is an internally managed real estate investment trust. The company acquires, owns, and manages single-tenant, retail commercial real estate subject to long-term net leases with high-credit quality tenants across the United States. It focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenience stores, discount stores, and quick-service restaurants. Majorily operates in U.S. States and Other counties, and derives maximum of revenue from USA.

Netstreit Corp

News

AIRE

Reported Earlier, reAlpha Debuts AI-Powered reAlpha Mortgage To Streamline Homebuying Experience And Advance Vertical Integration Strategy

President Donald Trump escalated pressure on Moscow on Tuesday, declaring the United States would impose tariffs and sanctions on Russia within 10 days unless significant progress occurs toward ending the three-year Ukraine conflict.
Speaking aboard Air Force One, Trump confirmed he had shortened his initial 50-day deadline announced last month, telling reporters he received no response from Russian President Vladimir Putin. &#8220;We&#8217;re going to put on tariffs and the various things that you put on,&#8221; Trump stated, according to Reuters.
<h2 class="wp-block-heading">Will Trump's Ultimatum Shift Oil Markets?</h2>
The ultimatum carries significant market implications as investors monitor potential disruptions to global oil supplies. Russia remains a major energy exporter despite existing sanctions, with crude oil futures showing volatility ahead of potential additional restrictions.
Trump dismissed concerns about the oil market impact, pledging to boost domestic production to offset any supply disruptions. &#8220;I don&#8217;t know if it&#8217;s going to affect Russia, because (Putin) wants to, obviously, probably keep the war going,&#8221; he said.
WTI crude oil futures hovered above $69 per barrel on Wednesday, while Brent crude traded around $72.50, with both benchmarks holding at five-week highs amid signs of tightening supply and resilient demand.
<h2 class="wp-block-heading">Energy-Related ETFs Saw Modest Fluctuation:</h2>
<ul class="wp-block-list">
<li>iShares U.S. Oil &amp; Gas Exploration &amp; Production ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IEO#BATS">IEO</a>) closed at $92.43 on Tuesday, up 0.91%, and edged slightly higher in after-hours trading to $92.50.</li>
<li>United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) jumped 3.41% to close at $79.80, before dipping 0.21% overnight to $79.63.</li>
<li>ProShares Ultra Bloomberg Crude Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCO#NYSE">UCO</a>) surged 5.42% to $26.28 at the close, holding steady overnight at $26.26.</li>
</ul>
<h2 class="wp-block-heading">Are China's Tariffs The Next Global Shockwave?</h2>
Treasury Secretary Scott Bessent revealed during bilateral talks this week that he warned Chinese officials that Beijing could face high tariffs if Russian oil purchases continue. The secondary sanctions threat targets countries purchasing Russian exports, potentially affecting global commodity flows.
See Also: <a href="https://www.benzinga.com/markets/earnings/25/07/46712908/trump-trade-deals-to-aid-600-billion-boeing-backlog-as-q2-reveals-tariffs-becoming-less-of-a-headwind">Trump Trade Deals To Aid $600 Billion Boeing Backlog As Q2 Reveals Tariffs Becoming Less Of A Headwind</a>
<h2 class="wp-block-heading">Can Trump's Ultimatum Alter Russia's Strategy?</h2>
The president&#8217;s frustration with Moscow&#8217;s ceasefire refusal marks a shift from his previous hesitation on sanctions implementation. Trump has previously touted his relationship with Putin but recently called him &#8220;absolutely crazy&#8221; <a href="https://www.benzinga.com/news/politics/25/07/46269242/russian-president-vladimir-putin-reminds-historic-special-relations-with-us-against-the-uk-we-found-things-that-united-us">following Russian airstrikes on Ukraine</a>.
Former Russian President Dmitry Medvedev, a Putin ally, responded on X that Trump was playing &#8220;a game of ultimatums&#8221; that could escalate into U.S. involvement in war.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump&#39;s playing the ultimatum game with Russia: 50 days or 10… He should remember 2 things: 1. Russia isn&#39;t Israel or even Iran. 2. Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with his own country. Don&#39;t go down the Sleepy Joe road!
&mdash; Dmitry Medvedev (@MedvedevRussiaE) <a href="https://twitter.com/MedvedevRussiaE/status/1949870764938711343?ref_src=twsrc%5Etfw">July 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The 10-day deadline coincides with ongoing diplomatic tensions. Putin recently emphasized historical U.S.-Russia cooperation <a href="https://www.benzinga.com/news/politics/25/07/46269242/russian-president-vladimir-putin-reminds-historic-special-relations-with-us-against-the-uk-we-found-things-that-united-us">during the American independence and Civil War periods</a>, telling Russian television the nations &#8220;have always had very good and special relations.&#8221;
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/events/25/07/46711140/trump-issues-tsunami-warning-after-massive-pacific-earthquake-hawaii-us-west-coast-japan-on-alert">Trump Issues Tsunami Warning After Massive Pacific Earthquake: Hawaii, US West Coast, Japan On Alert</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

iShares Dow Jones US Oil & Gas Exploration & Production Index Fund

Trump To Russia: End Ukraine War In 10 Days Or Face Tariffs — Oil Approaches $70

Warren Buffett&#8217;s 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>) has been quietly amassing a staggering $4.37 billion in annual dividend income, translating to a whopping $138.63 every second, without selling a single share.
What Happened: As of 2025, Berkshire Hathaway&#8217;s dividend income is a result of strategic capital allocation, brand loyalty, and long-term conviction, according <a href="https://www.barchart.com/story/news/33720203/warren-buffetts-berkshire-hathaway-now-earns-138-every-second-from-dividends">to</a> Barchart. 
The company&#8217;s passive income mainly flows from a select group of high-quality, dividend-paying companies, many of which have been held for years or even decades.
Household names like Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), and Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) generate over half of the portfolio&#8217;s total dividend income. These companies are known for their strong brands, recurring revenues, and pricing discipline.
This passive cash engine not only boosts Berkshire&#8217;s income statement but also provides Buffett with optionality. The dividends received can be reinvested into new investments, stock buybacks, debt repayments, or held as cash reserves, without shrinking Berkshire&#8217;s ownership in the underlying businesses.
Berkshire&#8217;s approach is not based&nbsp;on yield-chasing or short-term momentum&nbsp;plays, but on the belief in &#8220;economic moats,&#8221; the durable competitive advantages that&nbsp;allow companies to fend off&nbsp;competition and maintain pricing power&nbsp;over time. 
This strategy has led to a steady stream of passive income, which can be reinvested into new opportunities,&nbsp;stock buybacks, debt repayments, or&nbsp;held as cash reserves.
See Also: <a href="https://benzinga.com/news/politics/25/07/46682268/josh-hawley-introduces-600-tariff-rebate-bill-for-working-americans-echoing-trumps-plan" target="_blank" rel="noopener">Josh Hawley Introduces $600 Tariff Rebate Bill For Working Americans, Echoing Trump&#8217;s Plan</a>
Why It Matters: Despite the current investment landscape dominated by algorithmic trading and speculative bubbles, Berkshire Hathaway&#8217;s success is a testament to the enduring power of patience and quality.
Buffett has 56% of his $258 billion portfolio&#8217;s <a href="https://www.benzinga.com/markets/hedge-funds/25/07/46687204/warren-buffett-has-56-of-his-258-billion-portfolios-value-exposed-to-ai-here-are-the-5-stocks-that-are-leveraging-ai-within-berkshires-holdings">value exposed to AI</a>, with Berkshire Hathaway holding stocks like Apple and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) that leverage AI in their businesses on a large scale.
Earlier, it was revealed that <a href="https://www.benzinga.com/news/movers-shakers/25/06/45736983/warren-buffett-makes-over-2-2-million-a-day-from-this-stock">Buffett makes over $2.2 million</a> a day from his investment in Coca-Cola, a testament to his patient, long-term investing strategy. According to recent data, 98% of Buffett&#8217;s $160 billion wealth came after turning 65, showcasing <a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">the power of compound interest</a> and reinforcing the value of long-term investing.
Meanwhile, this week, VeriSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>) said that Berkshire had <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46682662/verisign-stock-falls-after-berkshire-hathaway-cuts-holdings">sold about one-third of its stake</a> in the company, which it had held since 2012. The sale involved 4.3 million shares at $285 each, generating approximately $1.23 billion and reducing Berkshire's ownership from 14.2% to 9.6%.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/earnings/25/07/46687653/sofi-technologies-stock-surges-on-exceptional-q2-earnings-raised-guidance" target="_blank" rel="noopener">SoFi Technologies Stock Surges On &#8216;Exceptional&#8217; Q2 Earnings, Raised Guidance</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

AAPL

AMZN

VRSN

Warren Buffett's Berkshire Now Earns $138 Every Second—How Decades-Old Bets On Apple, Coca-Cola, Chevron Are Paying Off Big In 2025

Sanofi's SAR446523, a GPRC5D monoclonal antibody, earns orphan drug designation in the US for multiple myeloma
<ul>
<li>Designation granted for IgG1-based GPRC5D monoclonal antibody for the potential treatment of patients with relapsed or refractory multiple myeloma</li>
</ul>

Sanofi's SAR446523 Earns FDA Orphan Drug Designation In The US For Relapsed Or Refractory Multiple Myeloma

Rio Tinto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) reported quarterly earnings of $2.96 per share. This is a 16.38 percent decrease over earnings of $3.54 per share from the same period last year. The company reported $26.87 billion in sales this quarter. This is a 0.26 percent increase over sales of $26.80 billion the same period last year.

Earnings

Rio Tinto H1 Adj. EPS $2.96 Down From $3.54 YoY, Sales $26.87B Up From $26.80B YoY

Fiverr Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVRR#NYSE">FVRR</a>) sees Q3 sales of $105.000 million-$110.000 million vs $108.966 million analyst estimate.

Guidance

FVRR

Fiverr Intl Sees Q3 Sales $105.000M-$110.000M vs $108.966M Est

Fiverr Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVRR#NYSE">FVRR</a>) affirms FY2025 sales outlook from $425.000 million-$438.000 million to $425.000 million-$438.000 million vs $434.145 million estimate.

Fiverr Intl Affirms FY2025 Sales Guidance of $425.000M-$438.000M vs $434.145M Est

Following the announcement of positive top-line results from its open-label Phase 2a trial, the stock of Aclaris Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACRS#NASDAQ">ACRS</a>) has seen a 21.94% rise in after-hours trading on Tuesday.
Check out the current price of <a href="https://www.benzinga.com/quote/ACRS">ACRS stock here</a>.&nbsp;
What Happened: Aclaris Therapeutics, the Pennsylvania-based clinical-stage biopharmaceutical company, reported positive top-line results from its open-label Phase 2a trial of ATI-2138, a potent and selective investigational inhibitor of interleukin-2-inducible T cell kinase (ITK) and Janus kinase 3 (JAK3). The trial involved 14 patients with moderate-to-severe atopic dermatitis (AD).
Dr. Neal Walker, Chief Executive Officer of Aclaris, noted, "These Phase 2a trial results represent a significant achievement for our ITK franchise by confirming the mechanism and corroborating our work on next-generation ITK selective compounds."
See Also: <a href="https://benzinga.com/markets/macro-economic-events/25/07/46711597/trump-calls-it-the-biggest-deal-ever-but-critics-are-pointing-out-nothings-been-sig">Trump Calls It &#8216;The Biggest Deal Ever,&#8217; But Critics Are Pointing Out &#8216;Nothing&#8217;s Been Signed&#8217; With The EU — Did The President Score A &#8216;Lowercase Win?&#8217;</a>
Following this announcement, the stock of Aclaris Therapeutics rose by 21.94% to $1.89 in after-hours trading.
Why It Matters: The trial achieved its primary and key secondary endpoints, confirming the favorable tolerability profile of ATI-2138 without the risks associated with other agents in the class. The efficacy results showed comparable outcomes to approved therapies, suggesting the potential for improved tolerability and supporting exploration of higher doses in future clinical trials.
The positive results from the Phase 2a trial have been a significant boost for Aclaris Therapeutics. The recent surge in its stock value is a clear indication of the market&#8217;s positive reception of the company&#8217;s latest achievements.
Price Action: ACRS shares closed 7.74% lower at $1.55 on Tuesday. The stock has traded between $1.05 and $5.17 over the past year — <a href="https://www.benzinga.com/quote/ACRS">Benzinga Pro</a> data.
Benzinga&#8217;s Edge Stock Rankings indicate Aclaris has a Value score of 56.88. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Know</a> the stock value of other bio-aesthetic brands.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="864" height="145" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021447/Screenshot-2025-07-30-114429.png" alt="" class="wp-image-1006386" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021447/Screenshot-2025-07-30-114429.png 864w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021447/Screenshot-2025-07-30-114429-300x50.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021447/Screenshot-2025-07-30-114429-768x129.png 768w" sizes="(max-width: 864px) 100vw, 864px" /></a></figure>
<ul class="wp-block-list">
<li>Read Next: <a href="https://benzinga.com/markets/market-summary/25/06/45752453/dow-gains-over-100-points-us-job-openings-increase-in-april">Dow Gains Over 100 Points; US Job Openings Increase In April</a></li>
</ul>
Photo Courtesy: KAPD on Shutterstock.com
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

ACRS

Aclaris Therapeutics Stock Spikes In After‑Hours Session Following Major Announcement

Brian Armstrong, CEO of&nbsp;cryptocurrency exchange Coinbase, recalled on Tuesday a famous quote by Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) creator Satoshi Nakamoto from 15 years ago.
What Happened: Armstrong highlighted a quote from the pseudonymous creator from a Bitcointalk forum conversation on July 30, 2010.
Satoshi was responding to questions about Bitcoin's ability to handle a large number of transactions and users, with specific concerns around the 10 minutes taken to mine one block
"If you don&#8217;t believe me or don&#8217;t get it, I don&#8217;t&nbsp;have time to try to&nbsp;convince you, sorry,&#8221; Satoshi responded. 
Reflecting on the quote, Armstrong stated that while it took some time, &#8220;hundreds of millions of people&#8221; now understand Bitcoin, underlining how knowledge and use of the major cryptocurrency have progressed over the years.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"If you don&#39;t believe me or don&#39;t get it, I don&#39;t have time to try to convince you, sorry." Satoshi wrote that 15 years ago today. It took some time, but there are hundreds of millions of people that get it now. <a href="https://t.co/b7DrFxEywi">pic.twitter.com/b7DrFxEywi</a>
&mdash; Brian Armstrong (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1950301764689023185?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
When Satoshi made that remark, Bitcoin traded at $0.06374 apiece. Today, it is a staggering 185102000% higher.
See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46697213/how-bitcoin-treasury-companies-are-beating-bitcoins-returns">How Bitcoin Treasury Companies Are Beating Bitcoin&#8217;s Returns</a>
Why It Matters: Armstrong has long admired Satoshi and confessed that <a href="https://www.benzinga.com/markets/cryptocurrency/21/04/20660641/coinbase-ceo-brian-armstrong-on-his-companys-beginnings-satoshis-whitepaper-sleeping-in-of">he began working on Coinbase</a> after reading the Bitcoin whitepaper authored by the mysterious personality.
Last month, Armstrong unveiled Coinbase&#8217;s upcoming cryptocurrency credit card, <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45919626/coinbase-ceo-brian-armstrong-teases-crypto-credit-card-powered-by-american-express-bitcoin-cashbacks-offered-but-heres-the-catch">engraved with Bitcoin's&nbsp;Genesis block</a>, created by Satoshi back in 2009
Price Action: At the time of writing, BTC was trading at $117,984.37, down 0.56% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;&nbsp;Year-to-date, the asset has grown 26.33%. 
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46711367/mara-ceo-fred-thiel-says-when-lots-of-companies-start-buying-bitcoin-the-advantage-disappears-kudos-to-saylor-but-they-cant-all-be-successful">MARA CEO Fred Thiel Says When &#8216;Lots Of Companies&#8217; Start Buying Bitcoin, The Advantage Disappears: &#8216;Kudos To Saylor&#8230;But They Can&#8217;t All Be Successful&#8217;</a></li>
</ul>
Photo Courtesy: Szabolcs Magyar On Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

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

Cryptocurrency

$BTC

COIN

Bitcoin Creator Satoshi Nakamoto Once Said He Had No Time To 'Convince' Non-Believers: Why Coinbase CEO Brought It Up After 15 Years

Meta Under Investigation In Italy Over AI Tool On WhatsApp

Champion Iron (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CIA#TSX">CIA</a>) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $0.02 by 150 percent. This is a 68.75 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $390.027 million which beat the analyst consensus estimate of $257.950 million by 51.20 percent. This is a 16.50 percent decrease over sales of $467.084 million the same period last year.

Earnings Beats

TSX:CIA

Champion Iron Q1 Adj. EPS $0.05 Beats $0.02 Estimate, Sales $390.027M Beat $257.950M Estimate

<ul>
<li>Latest milestone in strategic partnership to accelerate Japan Post Insurance's global growth strategy</li>
<li>Reinforces both KKR and Global Atlantic's deep commitment to Japan, and serving the needs of the expanding global insurance market</li>
</ul>

Japan Post Insurance To Invest $2B in Global Atlantic Vehicle Backed By KKR, Accelerating Global Growth Strategy

<ul>
<li>Evotec SE and Sandoz AG signed a non-binding term sheet on a planned sale of Just - Evotec Biologics EU in Toulouse to Sandoz</li>
<li>Under the proposed deal Evotec would transfer biosimilar manufacturing capabilities to enable Sandoz to produce biosimilar medicines using Just - Evotec Biologics' advanced continuous manufacturing technology</li>
<li>The deal terms include the purchase price of the site for around US$ 300 m in cash, and in addition will include further technology related consideration, future development revenues, milestones and product royalties</li>
<li>Planned transaction marks major milestone in Evotec's strategy to create asset-lighter business model leveraging high-margin offerings, with Just - Evotec Biologics remaining core business for Evotec</li>
<li>Transaction is expected to immediately improve Evotec's short-, mid-, and long-term revenue mix, profit margins, and capital efficiency</li>
</ul>

SDZNY

Evotec To Sell Just-Evotec Biologics Toulouse Site To Sandoz For $300M Cash Plus Royalties, Marking Shift To Asset-Lighter Model

Australia has added YouTube, a subsidiary of 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>) Google, to its landmark social media ban for children under 16, <a href="https://www.benzinga.com/25/03/44132618/meta-tiktok-and-snapchat-push-back-against-youtubes-exemption-from-australias-social-media-ban-for-children-under-16">reversing an earlier exemption</a>.
What Happened: On Wednesday, Prime Minister Anthony Albanese announced that YouTube will now be included in the upcoming December ban prohibiting minors under 16 from having social media accounts, reported Reuters.
This move aligns YouTube with platforms like Meta Platforms Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Facebook and Instagram, ByteDance-owned TikTok and Snap Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) Snapchat.
&#8220;I&#8217;m calling time on it,&#8221; Albanese said in a statement. &#8220;I want Australian parents to know that we have their backs.&#8221;
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46712204/why-spotify-wont-raise-prices-like-peacock-ceo-explains-the-pedestal-strategy">Why Spotify Won&#8217;t Raise Prices Like Peacock: CEO Explains The &#8216;Pedestal&#8217; Strategy</a>
The reversal follows a recommendation from Australia's internet safety watchdog, citing a survey where 37% of minors reported encountering harmful content on YouTube — the highest of any major platform.
YouTube criticized the decision, arguing it is not a social media platform. &#8220;YouTube is a video-sharing platform… it&#8217;s not social media,&#8221; a company spokesperson said.
The company had earlier lobbied the government to retain its exemption and has not ruled out a legal challenge, the report said.
Communications Minister Anika Wells responded, saying, &#8220;I will not be intimidated by legal threats when this is a genuine fight for the well-being of Australian kids.&#8221;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: In 2024, Australia enacted one of the <a href="https://www.benzinga.com/news/24/09/40784803/after-feud-with-elon-musk-and-mark-zuckerberg-australian-pm-anthony-albanese-set-to-ban-social-media">world's toughest social media laws</a>, mandating platforms to restrict access for users under 16 or risk fines of up to A$49.5 million.
YouTube was initially exempted from the rule due to its role as an educational resource and its provision of supervised access via family accounts.
The platform has publicly stated that it is stepping up moderation efforts and enhancing its automated systems to better detect harmful content.
According to StatCounter Global Stats, Facebook remained the dominant social media platform in Australia as of June 2025, commanding a significant 64.35% market share.
Instagram followed distantly with 9.93%, closely trailed by X, formerly Twitter, at 9.33% and Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) at 8.1%. Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) accounted for 3.34% of usage, while YouTube held a comparatively smaller share at 2.89%.
Price Action: In after-hours trading, Alphabet Inc.&#8217;s Class A shares declined 0.27% to $195.23, while Class C shares dipped 0.14% to $196.15, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Benzinga's Edge Stock Rankings indicate that GOOG continues to exhibit strong upward momentum 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'"> Further performance details are available here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021256/Screenshot-2025-07-30-at-8.38.58%E2%80%AFAM-1.png" alt="" class="wp-image-1006380" /></a></figure>
Photo courtesy: Juan Alejandro Bernal / Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game" target="_blank" rel="noreferrer noopener">Apple May See Fewer Searches In Safari, But Google CEO Sundar Pichai Insists AI Is Fueling Overall Query Growth: ‘Far From A Zero-Sum Game'</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOG

GOOGL

PINS

RDDT

SNAP

YouTube Joins TikTok And Meta in Australia's Under-16 Ban As PM Says He's 'Calling Time On It'

Trican Well Service (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TCW#TSX">TCW</a>) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.09 by 22.22 percent. This is a 37.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $213.798 million which beat the analyst consensus estimate of $213.367 million by 0.20 percent. This is a 0.94 percent increase over sales of $211.811 million the same period last year.

TSX:TCW

Trican Well Service Q2 EPS $0.11 Beats $0.09 Estimate, Sales $213.798M Beat $213.367M Estimate

Future Fund LLC's managing director, Gary Black, says that a smaller Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) pickup truck would significantly boost the EV giant's total addressable market.
Check out the current price of<a href="https://benzinga.com/quote/tsla"> TSLA stock here</a>.
What Happened: "A smaller Tesla pickup would be a compelling new form factor that could significantly expand Tesla TAM and earnings potential," the investor said in a post on X on Tuesday.
He cited an interview of Tesla's VP of vehicle engineering, Lars Moravy, at the X takeover event, where Moravy hinted at a smaller pickup truck for the company, saying it was in the design studio.
"We estimate a smaller pickup could add 420K incremental units per year to Tesla deliveries, with little or no cannibalization given the current limited consumer appeal of the Tesla Cybertruck," Black said in his post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A smaller <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> pickup would be a compelling new form factor that could significantly expand TSLA TAM and earnings potential. This was hinted at by VP of Vehicle Engineering Lars Moravy at this weekend's TSLA X Takeover event in CA. We estimate a smaller pickup could add 420K…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1950166312161800319?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Black also called Cybertruck a "disaster" and said it was "unprofitable" for Tesla, citing poor sales of the pickup truck. "It's too big, too expensive, and impractical for most customers who want pickups," the investor said.
He added that a smaller, $50,000 pickup truck could capitalize on Tesla's brand and earn the company "15-20% margins" on a global scale. However, the company would need to listen to the consumers instead of letting "engineers decide what's best for them."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> Cybertruck has been a disaster. At 5,000 units per quarter (and falling) vs 31,250/qtr capacity, CT remains unprofitable. It's too big, too expensive, and impractical for most customers who want pickups. A smaller $50,000 pickup would capitalize on the TSLA brand, be…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1950202700223693079?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The comments came when Tesla's co-founder, Martin Eberhard, had criticized the company's decision to scrap plans for an <a href="https://www.benzinga.com/markets/tech/25/07/46678704/tesla-co-founder-says-elon-musk-scrapping-25000-ev-for-the-dumpster-looking-cybertruck-left-him-disappointed">affordable $25,000 model</a> in favor of the Cybertruck, which he said looked like a "dumpster."
Besides Eberhard, Black had also criticized Elon Musk and Tesla for the affordable variant in the Tesla lineup being a <a href="https://www.benzinga.com/markets/tech/25/07/46594012/teslas-new-model-y-trim-wont-expand-market-offers-zero-incremental-volume-says-gary-black">scaled-down version</a> of the Model Y, which the investor said would lead to cannibalization.
Black had also criticized the company's Q2 earnings call, <a href="https://www.benzinga.com/markets/tech/25/07/46624776/gary-black-slams-tesla-over-disaster-second-quarter-earnings-says-he-would-pass-on-tsla-stock-calls-robotaxi-launch-kabuki-theater">labelling it a disaster</a> and calling the Robotaxi "kabuki theater" following a disappointing quarter for Tesla, which <a href="https://www.benzinga.com/markets/tech/25/07/46625917/elon-musk-led-tesla-announces-new-offers-incentives-on-entire-lineup-amid-sluggish-us-sales">saw sales tumble</a>.
Elsewhere, despite the criticism, Musk remains optimistic about Tesla and has hinted that a <a href="https://www.benzinga.com/markets/tech/25/07/46626447/elon-musk-says-20-trillion-valuation-possible-for-tesla-even-as-second-quarter-earnings-show-sales-revenue-decline-extreme-execution-is-needed">$20 trillion valuation</a> for the company could be possible in the future, but warned that such a feat would need extreme execution.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="198" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30022721/TSLA-JUL-30-2025-1-1024x198.jpg" alt="" class="wp-image-1006417" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30022721/TSLA-JUL-30-2025-1-1024x198.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30022721/TSLA-JUL-30-2025-1-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30022721/TSLA-JUL-30-2025-1-768x149.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30022721/TSLA-JUL-30-2025-1-1536x298.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30022721/TSLA-JUL-30-2025-1.jpg 1559w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla scores well on Momentum and Quality, while offering satisfactory Growth, but poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46711313/elon-musks-tesla-lg-energy-solutions-sign-4-3-billion-battery-deal-report">Elon Musk&#8217;s Tesla, LG Energy Solutions Sign $4.3 Billion Battery Deal: Report</a></li>
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Photo courtesy: Jonathan Weiss / Shutterstock.com

Tech

TSLA

Gary Black Says A Smaller Tesla Pickup Truck Would Significantly Expand Earnings Potential, Calls The Cybertruck A 'Disaster'

Precision Drilling (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDS#NYSE">PDS</a>) reported quarterly earnings of $0.77 per share. This is a 26.67 percent decrease over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $293.753 million &nbsp;This is a 6.37 percent decrease over sales of $313.734 million the same period last year.

Earnings Misses

Precision Drilling Q2 EPS $0.77 and Sales $293.753M

HIVE

HIVE Hits 14 EH/s Milestone, Forecasts 12 Bitcoin Daily By Year-End As Paraguay Infrastructure Rapidly Scales

Payments company, Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), isn&#8217;t bracing for disruption from stablecoins, but is preparing to power them, positioning itself as a core infrastructure provider for the evolving digital asset ecosystem.
Check out the current price of&nbsp;<a href="https://www.benzinga.com/quote/V" target="_blank" rel="noreferrer noopener">V stock here.</a>
What Happened: During its <a href="https://www.benzinga.com/markets/earnings/25/07/46705658/visa-q3-earnings-highlights-double-beat-ceo-says-consumer-spending-remains-resilient">third-quarter earning</a>s call on Tuesday, Visa&#8217;s CEO, Ryan McInerney, said, &#8220;We are supportive of the Genius Act,&#8221; referring to the recent landmark legislation to regulate stablecoins, which was <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46508890/trump-signs-genius-act-ending-biden-era-crypto-probes-and-backing-industry-titans">signed into law</a> by President Donald Trump two weeks ago. 
McInerney says that &#8220;it marks a key milestone on the path to regulatory clarity for stablecoins,&#8221; while adding that Visa has been active in this space for nearly a decade, and that he believes stablecoins have several use cases and can solve important payment problems.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/07/46582358/how-trumps-genius-act-could-supercharge-tethers-usdt">How Trump&#8217;s GENIUS Act Could Supercharge Tether&#8217;s USDT?</a>
Visa isn't limiting its involvement to experimentation. &#8220;We believe that Visa's role is to do what we always do, provide trust, standards, connectivity, billions of endpoints, scale and interoperability to the payments ecosystem,&#8221; he says.
The company pointed to two key areas where stablecoins are gaining traction: the first being volatile emerging markets with limited dollar access, and cross-border money movement, including B2B payments and remittances.
Visa notes that it is already working with partners such as Bridge and RAIN, and even banks, to deploy stablecoin-linked cards across markets. &#8220;Since 2020, we have enabled crypto users to spend more than $25 billion in Bitcoin, Ethereum, [an] array of other cryptocurrencies,&#8221; McInerney says, &#8220;And now, stablecoins.&#8221;
&#8220;There is so much more to come in this space,&#8221; McInerney concluded, &#8220;and we are excited about enabling commercial and money movement flows globally across networks, currencies and form factors.&#8221;
Why It Matters: Analysts have flagged stablecoins as <a href="https://www.benzinga.com/markets/large-cap/25/07/46365557/visa-vs-mastercard">a potential headwind</a> for traditional payment networks like Visa and Mastercard Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), citing risks of disruption.
According to a report by Grayscale, stablecoins have already <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46321038/buckle-up-visa-stablecoins-process-800-billion-in-transactions-per-month-report-finds">helped facilitate transactions</a> worth over $800 billion in June 2025. In comparison, Visa processed $1.1 trillion in payments each month in 2024, 
Visa released its <a href="https://www.benzinga.com/markets/earnings/25/07/46705658/visa-q3-earnings-highlights-double-beat-ceo-says-consumer-spending-remains-resilient">third-quarter results</a> on Tuesday, reporting $10.17 billion in revenue, up 14% year-over-year, beating consensus estimates of $9.82 billion. It posted a profit of $2.98 per share, which was again ahead of estimates at $2.83 per share.
Price Action: Shares of Visa were down 1.18% on Tuesday, trading at $351.29, and are down 1.92% after hours, following the earnings announcement. 
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30015700/Screenshot-2025-07-30-at-11.26.47-AM-1024x147.png" alt="" class="wp-image-1006351" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30015700/Screenshot-2025-07-30-at-11.26.47-AM-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30015700/Screenshot-2025-07-30-at-11.26.47-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30015700/Screenshot-2025-07-30-at-11.26.47-AM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30015700/Screenshot-2025-07-30-at-11.26.47-AM.png 1528w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Visa shares score well on Momentum and Quality, and have a favorable price trend in the medium and long term. How does it compare with rival Mastercard? Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to find, along with deeper insights. 
Photo Courtesy: Primakov on Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/07/46674646/web3-leaders-see-genius-act-stifling-startups">Web3 Leaders See GENIUS Act Stifling Startups</a></li>
</ul>

Financing

Global

Visa Doesn't Fear Stablecoins: CEO Says Company Will 'Provide Trust, Standards, Connectivity.. And Interoperability' To The Digital Asset Ecosystem

Evercore To Acquire Robey Warshaw For $196M In Strategic Move To Strengthen UK And Global M&A Advisory Platform

Press Releases

NETSTREIT Corp. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call

NETSTREIT Reports Fourth Quarter and Full Year 2024 Financial and Operating Results

Ortelius Nominates Six Highly Qualified and Independent Candidates for Election to the Board of Brookdale Senior Living Inc.

NETSTREIT Corp. Announces Dates for First Quarter 2025 Earnings Release and Conference Call

NETSTREIT Reports First Quarter 2025 Financial and Operating Results

NETSTREIT Corp. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call

Ortelius Director Nominees Release Joint Letter to Brookdale Stockholders

NETSTREIT Reports Second Quarter 2025 Financial and Operating Results

NETSTREIT Corp. Announces Launch of Public Offering of Common Stock

NETSTREIT Corp. Announces Pricing of Upsized Forward Common Stock Offering

AVIV

GMRE

NTPIF

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RYAM

WHLR

Agree Realty

Acadia Realty Trust

Alexander's

Saul Centers

Brixmor Property Group

CBL & Associates Properties, Inc. Common Stock

CBL & Associates

Curbline Properties

Federal Realty Investment Trust Common Stock

Federal Realty Investment

FrontView REIT

Getty Realty

InvenTrust Properties

Kimco Realty Corporation (HC) Common Stock

Kimco Realty

Kite Realty Gr Trust

Macerich

NNN REIT

Realty Income

Phillips Edison & Company, Inc. - Common Stock

Phillips Edison & Co

Regency Centers Corporation - Common Stock

Regency Centers

Regency Centers Corporation - 5.875% Series B Cumulative Redeemable Preferred Stock

Regency Centers Corporation - 6.25% Series A Cumulative Redeemable Preferred Stock

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