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

Norwegian Air Shuttle (OTC:NWARF) Stock, Chaîne d'Options

Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to major destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Marketing & Customer, Operations, and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.

NORWEGIAN AIR SHUTTLE NEW by Norwegian Air Shuttle Asa

Norwegian Air Shuttle ASA

CoreWeave, Inc., a cloud computing firm backed by NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), filed its Form S-1 with the U.S. Securities and Exchange Commission on Monday, signaling its intent <a href="https://www.benzinga.com/25/02/44053318/nvidia-backed-coreweaves-4b-ipo-the-ai-booms-next-big-test">for an initial public offering</a>. 
What Happened: The company, which powers artificial intelligence workloads for giants like Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), aims to list its Class A common stock on the Nasdaq under the ticker "CRWV." 
This IPO marks a pivotal moment for the AI infrastructure sector, projected by Bloomberg Intelligence to hit $399 billion by 2028.
Founded by Michael Intrator, Brian Venturo, and Brannin McBee, CoreWeave has positioned itself as the "AI Hyperscaler," delivering specialized GPU-based cloud services. Its revenue soared to $1.9 billion in 2024 from $229 million in 2023, a 737% jump, though it reported a net loss of $863 million, per the filing. 
The company's platform, boasting over 250,000 GPUs across 32 data centers, supports AI labs like Cohere and Mistral, leveraging contracts worth $15.1 billion in remaining performance obligations as of Dec. 31, 2024.
See Also:&nbsp;<a href="https://www.benzinga.com/personal-finance/25/03/44068159/nba-legend-shaq-says-his-net-worth-quadrupled-once-he-took-note-from-jeff-bezos-and-started-investing-in-things-that-change-peoples-lives" target="_blank" rel="noreferrer noopener">NBA Legend Shaq Says His Net Worth ‘Quadrupled' Once He Took Note From Jeff Bezos And Started Investing In Things That ‘Change People's Lives'</a>
Why It Matters: CoreWeave's filing highlights its edge over-generalized clouds, claiming a 20% boost in model FLOPS utilization, a key efficiency metric. "Our platform is trusted by the world's leading AI labs," the prospectus states, citing a record-setting MLPerf benchmark in 2023—29 <a href="https://in.benzinga.com/25/02/44053318/nvidia-backed-coreweaves-4b-ipo-the-ai-booms-next-big-test">times faster than competitors</a>.
With $14.5 billion raised in debt and equity, including a $7.6 billion facility from Blackstone, CoreWeave eyes expansion amid a $20 trillion AI economic impact forecast by International Data Corporation for 2030.
The IPO, underwritten by Morgan Stanley and Goldman Sachs Group Inc., offers shares from both CoreWeave and selling stockholders, <a href="https://www.benzinga.com/markets/equities/24/05/38561494/nvidia-backed-ai-start-up-coreweave-lands-new-1-1b-funding-whats-on-the-cards">with pricing still undisclosed</a>.
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<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</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.

News

IPOs

Markets

MSFT

NVDA

Nvidia-Backed CoreWeave Files For IPO Amid Explosive AI Growth, Revenue Surges 737% To $1.9 Billion

Renowned economist and market commentator Peter Schiff called for a Congressional investigation Monday into President Donald Trump&#8217;s recent cryptocurrency announcements, citing potential insider trading and manipulation.
What Happened: In an X post, Schiff wanted clarity on several questions tied to Trump&#8217;s strategic cryptocurrency reserve declaration on Sunday. 
&#8220;Who authored the two Sunday afternoon posts on the President&#8217;s Truth Social account? Who knew about the first post in advance, and when were they first informed of the wording of the post and the timing of its release,&#8221; Schiff asked.
Notably, Trump announced the inclusion of XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) in the first post, sending the altcoins skyrocketing.
However, after a couple of hours, Trump&nbsp;<a href="https://truthsocial.com/@realDonaldTrump/114093946326587357" target="_blank" rel="noreferrer noopener">said</a>&nbsp;Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) would be at the &#8220;heart&#8221; of the reserve, causing a rally in the two blue-chip coins as well. 
<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">Donald Trump, the first crypto President, just helped pull off the biggest crypto rug pull of all time. A Congressional investigation is now warranted to find out the following regarding this pump and dump scheme. Who authored the two Sunday afternoon posts on the President&#39;s…
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1896660831880007729?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Additionally, Schiff sought details of how much those with &#8220;advance notice&#8221; spent on the five cryptocurrencies, as well as how profit they made selling them.
&#8220;We also need all emails or text messages that involve any members of the President&#8217;s staff, his or their family or friends, his campaign donors, or Truth Social employees, that relate to either of the two Sunday Truth Social posts,&#8221; Schiff added. 
Former White House communications director&nbsp;Anthony Scaramucci&nbsp;shared Schiff&#8217;s concerns. saying, &#8220;This hurts and doesn't help the industry.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Peter is right about this. This hurts and doesn't help the industry. <a href="https://t.co/fqR7HQEy9y">https://t.co/fqR7HQEy9y</a>
&mdash; Anthony Scaramucci (@Scaramucci) <a href="https://twitter.com/Scaramucci/status/1896666406436954182?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The White House and Trump&#8217;s son Eric Trump didn&#8217;t immediately return Benzinga&#8217;s request for comment. 
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44069015/bitcoin-is-digital-gold-but-whats-the-rationale-for-an-xrp-reserve-asks-peter-schiff-cardano-founder-charles-hoskinson-says-trump-made-the-right-decision">Bitcoin Is Digital Gold But &#8216;What&#8217;s The Rationale For An XRP Reserve&#8217;, Asks Peter Schiff: Cardano Founder Charles Hoskinson Says Trump Made The Right Decision</a>
Why It Matters: Trump&#8217;s strategic cryptocurrency reserve declaration was marred by controversies, with the focus shifting to a <a href="https://in.benzinga.com/25/03/44069726/big-gamble-or-insider-tradingwhale-opens-50x-leveraged-long-position-on-bitcoin-etherum-closes-just-before-trumps-crypto-reserve-announcement">50x leveraged long trade</a> on Bitcoin and Ethereum that closed just before Trump&#8217;s post.
The announcement of the cryptocurrency reserve led to a short-lived rally, with Bitcoin reaching above $95,000. However, Trump&#8217;s tariff announcements <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44099481/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs-2">sent cryptocurrencies spiraling down</a> a day later, with Bitcoin dropping to an intraday low of $85,081,
Financial analysts like Tom Lee have indicated that Bitcoin&#8217;s short performance would <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44070486/bitcoin-will-surge-in-value-and-adoption-in-long-term-says-tom-lee-while-casting-doubt-on-near-term-performance-im-not-really-bearish-on-it-but">continue to be impacted by tariff-related developments</a>. His firm set a downside target of $62,000 for Bitcoin by the end of March.
Price Action: At the time of writing, Bitcoin was exchanging hands at $83,362.10, crashing 10.44% 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.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Image via Shutterstock
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<li><a href="https://www.benzinga.com/25/03/44069228/elon-musk-labels-meme-coins-as-casino-like-dont-sink-your-life-savings">Elon Musk Labels Meme Coins Casino-Like: Tesla CEO Says &#8216;Don&#8217;t Sink Your Life Savings&#8217; Even As Dogecoin Pumps Over 10%</a></li>
</ul>

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

Cryptocurrency

Politics

$ADA

$BTC

$ETH

$SOL

$XRP

Peter Schiff, Anthony Scaramucci Question Trump's Crypto Reserve Announcements: 'Who Authored The Two Sunday Afternoon Posts…'

BYD Company Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), the world&#8217;s leading electric vehicle manufacturer for three consecutive years, and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rival announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.
What Happened: The Chinese EV giant entered into a placement agreement on Mar. 3 to issue 129.8 million new H shares at HK$335.2 ($43.58) per share, according to a company announcement. The placement, representing approximately 4.46% of BYD&#8217;s total issued shares, is expected to generate net proceeds of approximately HK$43.38 billion ($5.64 billion).
The placement price represents a 7.8% discount to Monday&#8217;s closing price of HK$363.6 on the Hong Kong Stock Exchange.
Goldman Sachs, UBS, and CITIC Securities will serve as placing agents and capital markets intermediaries, while CMB International Capital will act as lead managers for the transaction.
&#8220;The company will continue to invest in research and development in the field of intelligentization to seize the critical opportunities in the next stage of new energy automobile industry,&#8221; BYD stated in the announcement. The company plans to use the proceeds to fund R&amp;D, expand overseas operations, supplement working capital, and for general corporate purposes.
See Also: <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Markets Tank After Trump Confirms More Tariffs: Here&#8217;s What Wall Street Is Saying</a>
Why It Matters: BYD has accelerated its international expansion while maintaining dominance in China. The company has ranked first globally in new energy vehicle sales for three consecutive years and has established multiple brands including BYD, Fangchengbao, Denza, and Yangwang to target different market segments from <a href="https://in.benzinga.com/25/03/44072164/tesla-rival-byd-more-than-doubles-passenger-vehicle-sales-in-february-thriples-production">mass-market to luxury vehicles</a>.
The placement is subject to regulatory approvals, including listing permission from the Hong Kong Stock Exchange. BYD&#8217;s chairman Wang Chuan-fu, who owns a substantial stake in the company, has agreed to a 90-day lock-up period following the share issuance.
BYD has emphasized its commitment to advancing vehicle intelligence, introducing strategies like &#8220;Full Vehicle Intelligence&#8221; and &#8220;Intelligent Driving for All&#8221; while equipping all its models with advanced autonomous driving systems.
Price Action: BYD shares traded on the Hong Kong Stock Exchange declined, 7.21% to HK$337.40 ($43.39) as of 10:32 am local time. 
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/25/03/44097468/polestar-vs-tesla-can-smaller-ev-company-disrupt-giant-facing-boycotts-protests-with-trade-in-offer">Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With &#8216;Trade In&#8217; Offer?</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.

Asia

Equities

BYDDF

TSLA

Tesla Rival BYD Raises $5.64 Billion Through Share Placement, Wants To Use Funds For Global Domination

Indian startup&nbsp;Mintoak, backed by global payments giant PayPal Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) has acquired fintech player&nbsp;Digiledge, marking&nbsp;the first acquisition in the&nbsp;country&#8217;s developing central bank digital&nbsp;currency space.
What Happened:&nbsp;Mintoak, a provider of merchant payment services, has finalized the purchase of Digiledge, a firm specializing&nbsp;in CBDC and bill payment&nbsp;services, for around $3.5 million. Reuters reported Monday.
The Reserve Bank of India, India&#8217;s central bank,&nbsp;launched a pilot for the e-rupee, a digital counterpart&nbsp;to physical currency, in Dec. 2022. Some of the biggest <a href="https://www.benzinga.com/news/24/08/40155546/google-amazon-phonepe-are-game-to-try-out-rbis-digital-rupee-report">fintech players</a> in the country, including Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)-backed Google Pay, Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)-backed PhonePe, and AmazonPay have expressed interest in joining the pilot project.
This acquisition comes at a time when the global stance on CBDCs is divided. Federal Reserve Chair Jerome Powell  has indicated that the U.S. <a href="https://in.benzinga.com/25/02/43646173/bitcoin-ethereum-dogecoin-dip-even-as-fed-chair-powell-says-no-to-cbdcs-analyst-says-btc-under-consolidation-but-next-big-move-could-be-likely">central bank won&#8217;t develop a central bank digital currency</a> under his watch during his testimony before the Senate Banking Committee.
Photo Courtesy: Shutterstock.com
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

GOOG

PYPL

PayPal-Backed Startup Flexes Muscle With Strategic E-Rupee Acquisition

On Monday, Cathie Wood&#8216;s Ark Invest executed significant trades involving Airbnb Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Tempus AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>), and ARK 21Shares Bitcoin ETF (BTS: ARKB) amid a broader <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">market sell-off.</a>
The Airbnb Trade
Ark Invest&#8217;s ARKF fund acquired 74,111 shares of Airbnb via Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>). This move comes on the heels of Airbnb&#8217;s <a href="https://www.benzinga.com/general/market-summary/25/02/43722350/airbnb-crushes-q4-estimates-as-classic-hotel-users-flock-to-short-term-rentals-heres-whats-driving-the-surge-in-nights-and-experiences">impressive fourth-quarter performance</a>, where it surpassed earnings expectations. The company&#8217;s growth was fueled by increased bookings in &#8220;nights and experiences&#8221; and a shift in market share from traditional hotels. According to Airbnb&#8217;s CFO, Ellie Mertz, the company has been attracting more users from classic hotels, contributing to its market share gains. The value of this trade is currently unavailable due to missing closing price data.
For the day, ABNB stock rose 1.5% to close at $140.98, bringing the value of Ark&#8217;s purchase to approximately $10.45 million.
The Coinbase Trade
Ark Invest&#8217;s ARKW fund purchased 38,865 shares of Coinbase through ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>). Based on Coinbase&#8217;s closing price of $205.75 on Monday, this transaction was valued at $7.99 million. This acquisition aligns with the recent surge in the cryptocurrency market, driven by President Donald Trump&#8217;s announcement of a strategic U.S. cryptocurrency reserve. Major cryptocurrencies, including Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), declined on Monday evening, <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44099481/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs-2">erasing the gains</a> they had made on Sunday due to the crypto reserve news. This downturn occurred as investors grew concerned about the impending tariffs proposed by the Trump administration on key U.S. trading partners: Canada, Mexico, and China.
The Tempus AI Trade
Ark Invest made significant buys of Tempus AI shares, adding 719 shares to ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) and 9,100 shares to ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>). The purchases totaled $500,082, as Tempus AI shares closed 9.34% lower at $50.93 on Monday.
Despite Tempus AI&#8217;s <a href="https://in.benzinga.com/news/earnings/25/02/43927560/tempus-ai-q4-earnings-revenue-miss-eps-beat-strong-guidance-shares-move-lower">recent revenue miss</a> in its fourth-quarter earnings, the company reported a better-than-expected EPS and provided strong guidance. This strategic move by Ark Invest suggests confidence in Tempus AI&#8217;s future prospects. The value of this trade is currently unavailable due to missing closing price data.
The ARKB Trade
Ark Invest&#8217;s ARKW fund sold 95,769 shares of ARK 21Shares Bitcoin ETF (BTS: ARKB). ARKB ended Monday higher by 2.12% at $85.84. The sale was valued at $8.2 million. 
This decision follows a period of volatility in the cryptocurrency market, where Ark had <a href="https://in.benzinga.com/25/02/43963343/cathie-woods-buys-the-dip-in-tempus-ai-coinbase-but-sells-arks-bitcoin-etf-shares-amid-crypto-meltdown">previously sold shares</a> amid a crypto meltdown.
Other Key Trades:
<ul>
<li>Sold 225,652 shares of Draftkings Inc (DKNG) from the ARKF fund.Purchased 8,933 shares of L3Harris Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) through the ARKQ fund and 2,835 shares through ARKX.</li>
<li>Sold 5,576 shares of Elbit Systems Ltd (ESLT) from the ARKQ fund and another 1,769 shares through ARKX.</li>
</ul>
Image via Shutterstock
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<li><a href="https://www.benzinga.com/25/03/44098824/nvidia-tsmc-gitlab-ast-spacemobile-and-tesla-why-these-5-stocks-are-on-investors-radars-today">Nvidia, TSMC, Gitlab, AST Spacemobile, And Tesla: Why These 5 Stocks Are On Investors&#8217; Radars Today</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ABNB

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

ARKB

ARKF

ARKG

ARKK

ARKW

COIN

Cathie Wood's Monday Moves: Ark Buys Tempus AI Dip And Airbnb Spike— Goes Shopping For Coinbase Stock Amid Trump Tariff Crypto Meltdown

On Monday, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook sparked speculation with a cryptic teaser hinting at a new &#8220;Air&#8221; product launch this week, leaving fans wondering whether it's the highly anticipated MacBook Air or something entirely unexpected.
What Happened: Cook posted a short video on X, formerly Twitter, with the text, &#8220;There's something in the air,&#8221; accompanied by the caption, &#8220;This week.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This week. <a href="https://t.co/uXqQaGNkSk">pic.twitter.com/uXqQaGNkSk</a>
&mdash; Tim Cook (@tim_cook) <a href="https://twitter.com/tim_cook/status/1896589954517701057?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
While he didn't specify which device Apple is set to unveil, speculation points toward new MacBook Air models <a href="https://in.benzinga.com/tech/25/02/43906680/apples-m4-macbook-air-set-for-march-debut-says-top-analyst-new-13-inch-and-15-inch-models-reportedly-incoming">powered by the upgraded M4 chip</a>.
See Also: <a href="https://www.benzinga.com/media/25/03/44069785/trump-blasts-uks-apple-encryption-order-warns-against-grave-privacy-violations-thats-something-you-hear-about-with-china">Trump Blasts UK&#8217;s Apple Encryption Order, Warns Against &#8216;Grave&#8217; Privacy Violations: &#8216;That&#8217;s Something… You Hear About With China&#8217;</a>
Previously, Bloomberg columnist Mark Gurman reported that Apple is preparing to introduce 13-inch and 15-inch MacBook Air models sometime this month. Apple also launched its <a href="https://www.benzinga.com/news/24/03/37457340/apple-unveils-new-macbook-air-with-m3-chip-and-dual-display-support">M3 MacBook Air</a> around this time last year.
However, Apple has other &#8220;Air&#8221;-branded products in the pipeline. Reports suggest a new iPad Air could <a href="https://www.benzinga.com/tech/25/02/43428732/apples-spring-2025-lineup-iphone-se-4-m4-macbook-air-and-more-expected-soon">also be on the horizon</a>. There have even been rumors of a potential iPhone &#8220;Air,&#8221; though that may <a href="https://in.benzinga.com/tech/25/02/43802471/apples-leaked-renders-show-iphone-17-air-and-pro-getting-unique-camera-islands-but-base-models-looks-may-disappoint-some">materialize in September</a>.
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: Last month, Apple launched the iPhone 16e, a <a href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag">budget-friendly</a> model replacing the iPhone SE. It is priced at $599 and features the A18 chip and Apple Intelligence.
In its <a href="https://in.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">first-quarter earnings</a> report, Apple reported a revenue of $124.3 billion, surpassing analyst expectations. Despite a slight dip in iPhone sales, the company&#8217;s installed base reached an all-time high.
Mac revenue reached $8.99 billion, up from $7.78 billion last year, while iPad revenue grew to $8.09 billion from $7.02 billion.
Price Action: Apple&#8217;s stock closed at $238.03 on Monday, down 1.58%, but gained 0.97% in after-hours trading, bringing its year-to-date decline to 2.39%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Photo via Shutterstock
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>.
Read Next:
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<li><a href="https://www.benzinga.com/news/25/02/44055314/mrbeast-lost-millions-on-amazons-beast-games-now-hes-looking-to-raise-hundreds-of-millions-to-take-h" target="_blank" rel="noreferrer noopener">MrBeast Lost Millions On Amazon's ‘Beast Games'—Now He's Looking To Raise Hundreds Of Millions To Take His Brand To The Next Level</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

AAPL

Tim Cook Says 'There's Something In The Air' — New MacBook Air Or A Surprise Product Launch On The Cards?

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Chair Robyn Denholm has sold approximately $33.7 million worth of the electric vehicle maker&#8217;s stock, according to a filing with the Securities and Exchange Commission on Monday. This sale is part of a previously adopted trading plan.
What Happened: Denholm has been steadily offloading Tesla shares over recent months. In early February, she sold 112,390 shares worth about $43.2 million, alongside CFO Vaibhav Taneja and board member Kimbal Musk, <a href="https://www.benzinga.com/tech/25/02/43557967/elon-musks-brother-kimbal-musk-and-other-tesla-execs-sell-over-73-million-in-stock">who also offloaded significant holdings</a>. 
This trend among Tesla insiders comes as the company navigates macroeconomic uncertainties and intensifying competition in the EV market.
See Also: <a href="https://www.benzinga.com/trading-ideas/25/03/44097468/polestar-vs-tesla-can-smaller-ev-company-disrupt-giant-facing-boycotts-protests-with-trade-in-offer">Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With &#8216;Trade In&#8217; Offer?</a>
Why It Matters: Tesla shares declined 2.84% on Monday, weighed down by broader market concerns following President Donald Trump's announcement of new tariffs on imports from Canada, Mexico, and China. The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods have sparked fears of rising costs and inflationary pressure. 
Meanwhile, Tesla&#8217;s leading competitor, BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), reported robust sales growth in February, more than doubling its new energy passenger vehicle deliveries to 318,233 units. The Chinese EV maker, which briefly overtook Tesla as the world's top battery electric vehicle (BEV) seller in late 2023, remains a formidable challenger, particularly with its <a href="https://www.benzinga.com/25/03/44072164/tesla-rival-byd-more-than-doubles-passenger-vehicle-sales-in-february-thriples-production">dominance in plug-in hybrids</a>.
Price Action: Tesla's stock declined 2.84% on Monday, closing at $284.65, with an additional 0.79% drop in after-hours trading, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>. 
Read Next:
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<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</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.

BYDDY

Tesla Chair Robyn Denholm Sells Over $30 Million Worth Of Stock As Automaker Grapples With Macroeconomic Uncertainties, Increased Competitive Heat

The Sunday rally was short-lived as President Donald Trump's tariff confirmation sent top cryptocurrencies down on Monday.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-8.09%</td>
<td>$86,051.25</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-13.48%</td>
<td>$2,147.29</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-15.69%</td>
<td>$0.1991</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin dumped to an intraday low of $85,081, a day after the <a href="https://in.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month">announcement of a U.S. strategic cryptocurrency reserve</a> powered it above $95,000.
Ethereum tanked over 13% to an intraday low of $2,097.08, erasing the Sunday upsides, while Dogecoin also took a U-turn, plunging over 15%.&nbsp;
The pullback liquidated $804 million from the cryptocurrency market in the last 24 hours, with $86 million in long positions wiped out.
However, over $1 billion in short positions risked liquidation if Bitcoin rebounded to around $92,300.
Bitcoin's Open Interest plummeted 9.88% in the last 24 hours. Interestingly, Binance futures traders were buying the dip, with long positions surging to 69% of the total bets.
The Crypto Fear and Greed Index fell back into the "Extreme Fear" region, fuelling concerns of further sell-offs.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>UNUS SED LEO (LEO)</td>
<td>+1.27%</td>
<td>$9.94</td>
</tr>
<tr>
<td>Tether Gold (XAUt)</td>
<td>+0.99%</td>
<td>$2,886.73</td>
</tr>
<tr>
<td>Pax Gold (PAXG)</td>
<td>+0.75%</td>
<td>$2,888.86</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization tanked 9.27% to $2.84 trillion in the last 24 hours.
Stocks tumbled on Monday. The Dow Jones Industrial Average fell 649.67 points, or 1.48%, to close at 43,191.24. The S&amp;P 500 sank 1.76% to end at 5,849.72, while the tech-focused Nasdaq Composite lost 2.64% to close the session at 18,350.19.
The sell-offs were triggered after <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Trump reiterated the imposition of tariffs</a> on key trade partners Canada, Mexico, and China.
Investors will focus on the February jobs data, which is due out on Friday, to assess the strength of the U.S. economy.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm CryptoQuant noted that Bitcoin's short-term holders were experiencing modest losses, which could spur accumulation as prices decline.
"For Bitcoin to retest its ATH, a substantial bullish impulse is required, marked by a breakthrough of the STH Cost Basis level ($90,000–91,000) and the ability to maintain prices above this threshold to restore short-term investor confidence," the firm projected.
The cost basis for short-term holders is the original buying price of an investment held for less than a year.
<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">Market Analysis "For Bitcoin to retest its ATH, a substantial bullish impulse is required, marked by a breakthrough of the STH Cost Basis level (90–91K USD) and the ability to maintain prices above this threshold to restore ST investor confidence." – <a href="https://twitter.com/AxelAdlerJr?ref_src=twsrc%5Etfw">@AxelAdlerJr</a> <a href="https://t.co/AvqivYZqS5">pic.twitter.com/AvqivYZqS5</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1896663624472744072?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Ali Martinez called $97,000 the "most critical resistance barrier" for Bitcoin, where roughly 2.27 million investors acquired over 1.64 million BTCs.&nbsp;
"Breaking through this supply wall could open the door for new all-time highs," Martinez predicted.
<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">The most critical resistance barrier for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is $97,000, where 2.27 million investors acquired over 1.64 million <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>. Breaking through this supply wall could open the door for new all-time highs! <a href="https://t.co/onQeQw2WGj">pic.twitter.com/onQeQw2WGj</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1896653806957682853?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
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<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/03/44092638/bitcoin-mining-etfs-under-pressure-profits-plunge">Bitcoin Mining ETFs Under Pressure As Falling Profits Weigh On Miners</a></li>
</ul>

Movers

Trading Ideas

$DOGE

Bitcoin, Ethereum, Dogecoin Nosedive As Trump's Tariff Moves Wipe Out Crypto Reserve-Fueled Gains: Analyst Says Breaking Through This Barrier Will Help BTC Touch New Highs

Anthropic, a leading AI company backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and 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, has raised $3.5 billion in a Series E funding round, bringing its valuation to $61.5 billion.
What Happened: The funding round was led by Lightspeed Venture Partners with participation from Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Menlo Ventures, Salesforce Ventures, General Catalyst, Jane Street, and Fidelity Management &amp; Research Company, the company announced on Monday.
See Also: <a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report">Ex-OpenAI Chief Scientist Ilya Sutskever&#8217;s AI Startup Valued At $30 Billion In Latest Funding Round: Report</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/03202738/Screenshot-2025-03-04-at-6.57.30%E2%80%AFAM-1024x961.png" alt="" class="wp-image-807055" /><figcaption class="wp-element-caption">Source: LinkedIn</figcaption></figure>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: Founded in 2021 by former OpenAI employees, Anthropic initially sought to raise $2 billion but exceeded expectations with an oversubscribed round, <a href="https://www.bloomberg.com/news/articles/2025-03-03/anthropic-finalizes-megaround-at-61-5-billion-valuation?srnd=phx-technology">reported</a> Bloomberg, citing people familiar with the discussion.
The company's revenue run rate has grown by 30% this year.
The investment follows <a href="https://www.benzinga.com/24/11/42141911/amazon-and-anthropic-deepen-4-billion-ai-partnership-with-claude-35-launch">previous backing from Amazon</a>, which invested an additional $4 billion in November, and Google, which contributed <a href="https://www.benzinga.com/25/01/43127416/anthropic-gains-big-with-google-backing-aiming-for-60-billion-valuation-and-surging-ai-revenue">$1 billion in January</a>.
Last week, Anthropic introduced an <a href="https://in.benzinga.com/25/02/43927621/anthropic-releases-most-intelligent-llm-yet-how-does-it-compare-to-openai-deepseek">upgraded version</a> of its AI model Sonnet, along with a new agent designed to automate software coding tasks.
Meanwhile, SoftBank Group is reportedly in discussions to lead a new funding round for ChatGPT-maker OpenAI. The <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">deal could raise $40 billion</a> and value the company at $300 billion, marking a record for private company funding.
Elon Musk's xAI hit a <a href="https://www.benzinga.com/startups/24/11/42235738/in-just-16-months-elon-musk-achieved-with-xai-what-took-openai-nearly-nine-years-to-accomplish">$50 billion valuation</a> in November 2024. Perplexity AI, backed by Jeff Bezos, secured $500 million in December, <a href="https://www.benzinga.com/tech/24/12/42570376/jeff-bezos-backed-perplexity-raises-500-million-tripling-its-valuation-to-9-billion-as-competition-with-google-and-openai-heats-up">reaching a $9 billion valuation</a>.
Image via Shutterstock
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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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

AMZN

GOOGL

Amazon And Google Backed AI Firm Anthropic Secures $3.5 Billion At $61.5 Billion Valuation

<a href="https://www.cnbc.com/2025/03/03/us-pauses-military-aid-to-ukraine-says-white-house.html" title="https://www.cnbc.com/2025/03/03/us-pauses-military-aid-to-ukraine-says-white-house.html">https://www.cnbc.com/2025/03/03/us-pauses-military-aid-to-ukraine-says-white-house.html</a>
&nbsp;
U.S. President Donald Trump has paused all military aid to Ukraine following his clash with Ukrainian President Volodymyr Zelenskiy last week, a White House official said on Monday.
"President has been clear that he is focused on peace. We need our partners to be committed to that goal as well. We are pausing and reviewing our aid to ensure that it is contributing to a solution," said the official, speaking on the condition of anonymity.
&nbsp;
Zelenskiy's office did not immediately respond to a Reuters request for comment outside office hours.
The move comes after Trump upended U.S. policy on Ukraine and Russia upon taking office in January, adopting a more conciliatory stance towards Moscow - and after an explosive confrontation with Zelenskiy at the White House on Friday in which Trump criticized him for being insufficiently grateful for the Washington's backing in the war with Russia.
On Monday Trump again said Zelenskiy should be more appreciative of American support after earlier responding angrily to an Associated Press report quoting Zelenskiy as saying the end of the war is "very, very far away."
"This is the worst statement that could have been made by Zelenskyy, and America will not put up with it for much longer!" Trump wrote on Truth Social, using an alternative spelling of the Ukrainian leader's name.
But Trump also suggested on Monday that a deal to open up Ukraine's minerals to U.S. investment could still be agreed despite his frustration with Kyiv, as European leaders floated proposals for a truce in Russia's war with its neighbor.
&nbsp;
The Trump administration views a minerals deal as America's way of earning back some of the tens of billions of dollars it has given to Ukraine in financial and military aid since Russia invaded three years ago.
When asked on Monday if the deal was dead, Trump said at the White House: "No, I don't think so."
Trump described it as a "great deal for us" and said he would give an update on the situation on Tuesday night when he addresses a joint session of Congress.

Macro Economic Events

Global

Economics

'Trump Halts All U.S. Military Aid To Ukraine, White House Official Says' - CNBC

VERO

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

The stock market experienced a <a href="https://in.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">tumultuous day</a> as President Donald Trump confirmed plans to impose new tariffs. A sell-off ensued, pushing major indices into the red. The Dow Jones Industrial Average slid nearly 1.5% to 43,191.24, while the S&amp;P 500 shed about 1.8% to 5,849.72. The Nasdaq took a heavier hit, dropping 2.6% to close at 18,350.19.
Amidst this market volatility, certain stocks stood out and caught the attention of retail traders and investors. Here are the top five trending stocks of the day:
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) saw its stock fall by 8.69%, closing at $114.06. The stock&#8217;s intraday high and low were $123.70 and $112.28, respectively, with a 52-week range of $75.61 to $153.13. Reports suggest that Chinese buyers are <a href="https://in.benzinga.com/trading-ideas/movers/25/03/44089103/whats-going-on-with-nvidia-shares-monday">acquiring NVIDIA&#8217;s AI chips</a>, bypassing U.S. export regulations.
Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) ended the day 4.2% lower at $172.97. The stock hit an intraday high of $181.57 and a low of $171.07, with its 52-week range between $125.78 and $226.40. The company is <a href="https://www.benzinga.com/25/03/44084767/taiwan-semiconductor-weighs-100-billion-us-investment-as-chip-war-heats-up">considering a $100 billion investment</a> in U.S. chip manufacturing plants over the next four years. Meanwhile, noted analyst Ming-Chi Kuo <a href="https://in.benzinga.com/25/03/44070785/top-analyst-shuts-down-nvidia-cowos-order-cut-rumors-confirms-tsmcs-2025-expansion-is-steady-at-70000-wafers-per-month">debunked rumors</a> of a major Nvidia CoWoS wafer order cut at TSMC.
GitLab, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) closed the day down 6.58% at $56.25. The stock&#8217;s intraday high and low were $61.67 and $55.93, respectively, with a 52-week range of $40.72 to $76.41. Despite the decline, GitLab <a href="https://in.benzinga.com/news/earnings/25/03/44095065/gitlab-shares-rise-after-better-than-expected-q4-report-details">reported better-than-expected</a> fourth-quarter results. The company reported quarterly earnings of 33 cents per share beating the analyst estimates.
AST SpaceMobile Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) saw its shares drop by 5.50%, closing at $25.62. The stock&#8217;s intraday high and low were $29.1 and $24.89, respectively, with a 52-week range of $1.97 to $39.07. Despite missing analyst estimates for fourth-quarter earnings, the stock moved higher after the market close, rising 1.9% in the after-hours trading. The company reported fourth-quarter sales of $1.92 million and a fourth-quarter loss of 18 cents per share, missing analyst estimates of a loss of 17 cents per share. 
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares declined by 2.84%, closing at $284.65. The stock&#8217;s intraday high and low were $303.94 and $277.3,0 respectively, with a 52-week range of $138.80 to $488.54. The decline was attributed to <a href="https://www.benzinga.com/25/03/44094695/tesla-shares-decline-amid-concerns-over-trumps-tariff-plans">investor concerns</a> over the impact of Trump&#8217;s new tariffs.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/25/03/44098484/trump-tariff-fallout-ontario-premier-threatens-to-cut-off-us-electricity-exports-they-should-feel-the-pain">Trump Tariff Fallout: Ontario Premier Threatens To Cut Off US Electricity Exports — They Should &#8216;Feel The Pain&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

General

ASTS

GTLB

Nvidia, TSMC, Gitlab, AST Spacemobile, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

In a bold move, Ontario Premier Doug Ford has warned of a potential cessation of electricity exports to the U.S. The announcement is a response to President Donald Trump&#8217;s planned 25 percent tariffs on Canadian goods, as cited by <a href="https://thehill.com/policy/international/5173914-ontario-premier-doug-ford-tariff-threat/">The Hill</a> on Monday.
What Happened: Ford made this declaration at a mining event in Toronto, expressing his readiness to match the U.S. tariffs dollar for dollar. He emphasized the U.S.&#8217;s significant reliance on Canada&#8217;s electricity, asserting that they should &#8220;feel the pain&#8221; of their tariff decisions.
Furthermore, Ford highlighted the unity of both federal and provincial governments in their opposition to U.S. tariffs. &#8220;The&nbsp;provinces have a big say&nbsp;in it, but it&#8217;s the federal government that&#8217;s leading the charge, and we&#8217;re&nbsp;going to stand shoulder-to-shoulder no&nbsp;matter who&#8217;s in the federal government,&#8221; he said.
This announcement follows Trump&#8217;s confirmation of the 25 percent tariffs on Canada and Mexico, set to be implemented on Tuesday. The President also announced the commencement of reciprocal tariffs from April 2, covering imports from all nations that impose import taxes on U.S. goods.
See Also: <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Markets Tank After Trump Confirms More Tariffs: Here&#8217;s What Wall Street Is Saying</a>
Why It Matters: Trump&#8217;s decision to impose 25% tariffs on imports from Canada and Mexico, along with 20% tariffs on China, has <a href="https://in.benzinga.com/news/25/03/44092335/trumps-tariffs-threaten-canada-mexico-china-and-american-wallets">raised concerns</a> about the stability of the economy.
Following Trump&#8217;s announcement, economists and consumers are bracing for the <a href="https://www.benzinga.com/personal-finance/25/03/44068922/the-tariffs-are-going-forward-on-time-on-schedule-trump-confirms-canada-and-mexico-tariffs-what-should-u-s-consumers-expect">widespread implications</a> of the tariffs across the United States. A variety of goods nationwide are likely to see price increases.
Legendary investor Warren Buffett has also weighed in on the issue, characterizing tariffs as<a href="https://www.benzinga.com/markets/equities/25/03/44070257/warren-buffett-calls-tariffs-an-act-of-war-warns-they-function-as-a-tax-on-goods-amid-market-turmoil"> "an act of war"</a> that functions as a consumer tax. He warned of the impact of tariffs on inflation, stating, "Over time, they are a tax on goods. I mean, the Tooth Fairy doesn't pay 'em!"
Markets swung sharply after Trump moved forward with tariff imposition on Monday, triggering a sell-off that left major indices in the red. The Dow Jones Industrial Average fell nearly 1.5% to 43,191.24, while the S&amp;P 500 dropped about 1.8% to 5,849.72. The Nasdaq saw a steeper decline of 2.6%, closing at 18,350.19.
The Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq-100 index, ended Monday&#8217;s regular session lower by 2.2%, while the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 1.75%. 
Image via Shutterstock
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Trump Tariff Fallout: Ontario Premier Threatens To Cut Off US Electricity Exports — They Should 'Feel The Pain'

House Republicans recently passed a budget resolution that aligns with <a href="https://www.benzinga.com/news/25/02/44026259/millions-rely-on-usps-trumps-plan-could-upend-1-2-trillion-in-mail-and-shipping">President Donald Trump</a>'s campaign promises, including border security funding and tax cuts. However, the proposal has created internal divisions within the party, particularly over proposed cuts to Medicaid.
While some Republicans support reforms aimed at reducing fraud and waste, others warn that drastic reductions could harm millions of Americans who rely on the program. With a razor-thin majority, GOP leaders must navigate these concerns carefully to advance their budget goals.
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<h2 class="wp-block-heading">Proposed Cuts and GOP Leadership's Stance</h2>
The House GOP's budget resolution, which passed in a close 217-215 vote, includes a directive for congressional committees to find at least $2 trillion in spending cuts over the next decade. The Energy and Commerce Committee, which oversees Medicaid, is tasked with <a href="https://www.benzinga.com/news/25/02/44036422/robert-reich-slams-880-billion-medicaid-cuts-trumps-tyranny-is-undeniable">cutting $880 billion</a>—a reduction that is widely expected to impact Medicaid beneficiaries.
House Speaker Mike Johnson (R-LA) has emphasized that cuts will focus on eliminating &#8220;fraud, waste, and abuse&#8221; rather than reducing benefits. However, the resolution does not explicitly protect Medicaid from reductions. Some conservative lawmakers, including House Freedom Caucus Chair Andy Harris (R-MD), advocate for implementing work requirements for certain Medicaid recipients.&nbsp;
"I think the American people do believe that able-bodied people who get welfare benefits in this country actually should be asked to work, train for work, go to school," Harris said.&nbsp;
Trending: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.
<h2 class="wp-block-heading">Opposition from Within the GOP</h2>
Not all House Republicans are on board with the proposed Medicaid changes. Freshman Rep. Rob Bresnahan of Pennsylvania voiced his opposition in a <a href="https://bresnahan.house.gov/media/press-releases/bresnahan-statement-budget-reconciliation">statement</a>: &#8220;If a bill is put in front of me that guts the benefits my neighbors rely on, I will not vote for it.&#8221; He emphasized that <a href="https://www.benzinga.com/personal-finance/25/02/43901103/medicaid-faces-880-billion-cuts-but-trump-says-social-security-is-safe">Medicaid benefits</a> are promises made to constituents, particularly low-income seniors and individuals with disabilities.
Other GOP lawmakers representing swing districts have also expressed concerns about the potential political consequences of Medicaid cuts. A group of Republican lawmakers representing large Hispanic populations, as well as representatives from districts with significant low-income populations, recently sent <a href="https://x.com/RepTonyGonzales/status/1892352496917459386">a letter</a> to Johnson urging caution in altering the program. Their argument aligns with Trump's previous statements in which he pledged to protect Medicaid, though he later endorsed the House budget resolution that includes proposed reductions.
<h2 class="wp-block-heading">Public Response and Political Implications</h2>
The proposed Medicaid cuts have drawn criticism from advocacy groups and Democratic lawmakers. Protect Our Care, a left-leaning nonprofit, has launched an ad campaign targeting vulnerable House Republicans, warning that the cuts could strip healthcare coverage from hundreds of thousands of people in key districts.
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Meanwhile, KFF polling suggests that Americans across all parties hold favorable views of Medicaid and believe that it's a helpful resource for lower-income Americans.&nbsp;
<h2 class="wp-block-heading">What Comes Next?</h2>
The House resolution now moves to the Senate, where lawmakers must reconcile differences with a separate budget proposal. The reconciliation process will determine the final scope of spending cuts and tax policies. With such a slim majority in the House, Johnson can afford to lose only a handful of Republican votes—meaning the party's internal divide over <a href="https://www.benzinga.com/news/25/02/43718712/floridas-medicaid-disaster-1-3-million-cut-from-coverage-one-of-the-highest-disenrollment-rates-in-the-u-s">Medicaid</a> could ultimately shape the outcome of the budget debate.
As the debate continues, lawmakers must balance fiscal responsibility with the needs of their constituents, knowing that their decisions will likely have lasting political and economic consequences.
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Personal Finance

'If A Bill Is Put In Front Of Me That Guts Benefits, I Will Not Vote For It' — GOP Faces Internal Divide Over Medicaid Cuts

Stocks fell sharply Monday after President Donald Trump announced plans to impose 25% tariffs on imports from Canada and Mexico and an additional 20% tariff on goods imported from China, beginning Tuesday. Here's a look at reactions from Wall Street<a href="https://www.benzinga.com/markets/bonds/25/03/44096578/leon-cooperman-says-he-likes-cash-calls-trumps-deficit-cutting-contractionary"> insiders and experts:</a>
The Kobeissi Letter pointed to a dramatic drop in the Dow Jones index of more than 1100 points at one point, after opening Monday's session up 300 points.&nbsp;
Read Next: <a href="https://www.benzinga.com/general/market-summary/25/03/44084997/tesla-rebounds-while-tariffs-weigh-on-manufacturing-whats-driving-markets-monday">Tesla Rebounds While Tariffs Weigh On Manufacturing: What&#8217;s Driving Markets Monday?</a>
The account posted a chart on social media showing the magnitude of Trump's<a href="https://www.benzinga.com/news/25/03/44092335/trumps-tariffs-threaten-canada-mexico-china-and-american-wallets"> tariff increases</a>, which it said will bring the U.S. average effective tariff to as high as 20% or more.
<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">As the trade war ramps up, the US average tariff rate is set to rise to levels not seen since the Great Depression. Currently, the US average effective tariff rate is set to rise as high as 20% or more. This does not even include the potential 100% tariff on BRICS countries. <a href="https://t.co/c0S2PB6mvr">pic.twitter.com/c0S2PB6mvr</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1896675827800236144?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Economist Peter Schiff warned that the higher tariffs would do more harm to the United States than to the countries they are imposed upon.&nbsp;
<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">It&#39;s ridiculous for anyone to claim that foreign nations have more to lose from a trade war than the U.S. Tariffs are taxes on imports. The U.S. is more dependent on imports than any other nation. Therefore, the U.S. has more to lose from a trade war than any other nation!
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1896573597965341121?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Others were more optimistic about the new trade policies, including Anthony Pompliano, who highlighted Taiwan Semiconductor Manufacturing Company Ltd.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) earlier announcement of a $100 billion investment in the United States.&nbsp;
<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">To all the people saying tariffs don't work, here is TSMC saying they are going to invest $100 billion in the US, build 5 new facilities, and create 20,000 American jobs. Probably just a coincidence. <a href="https://t.co/t2cbtb9kMM">pic.twitter.com/t2cbtb9kMM</a>
&mdash; Anthony Pompliano &#x1f32a; (@APompliano) <a href="https://twitter.com/APompliano/status/1896673175066587156?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Chamath Palihapitiya, entrepreneur and CEO of Social Capital, said that a decline in asset prices, including stocks and homes, could actually benefit President Trump because many of his supporters are young and "asset-light."&nbsp;
<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">1. Trump is more popular with young people than old people. Most young people don't own stocks or homes (aka they are asset-light). 2. Trump is also more popular amongst working and middle class folks. Most of these folks are also asset-light. It stands to reason that a fall…
&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1896677671939318179?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Markets React:&nbsp;
All 3 major indices ended Monday's session firmly red as traders digested President Trump&#8217;s tariff announcements. 
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), tracking the S&amp;P 500, closed down 1.75% at $583.77 and the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), tracking the Nasdaq 100 index, ended the session 2.14% lower at $497.30.&nbsp;
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Image: Shutterstock

Social Media

Broad U.S. Equity ETFs

Markets Tank After Trump Confirms More Tariffs: Here's What Wall Street Is Saying

PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) has outperformed the market over the past 5 years by 10.66% on an annualized basis producing an average annual return of 25.09%. Currently, PDD Holdings has a market capitalization of $155.83 billion. 
Buying $100 In PDD: If an investor had bought $100 of PDD stock 5 years ago, it would be worth $311.74 today based on a price of $112.21 for PDD at the time of writing.
<h3>PDD Holdings's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741044612_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Citigourp Global Markets 2% Protected Notes Linked To The Djia

If You Invested $100 In This Stock 5 Years Ago, You Would Have This Much Today

Restaurant company Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) could be negatively impacted by pending tariffs on Mexico, which could increase the cost of avocados and <a href="https://www.benzinga.com/news/global/25/02/43442219/why-beer-tequila-avocados-cars-iphone-prices-could-rise-trumps-tariffs-on-canada-mexico-china-to-hurt-several-sectors">other food items.</a>
While companies will be faced with tough challenges of how to offset the increased prices and lower profits, Chipotle's CEO Scott Boatwright is committed to not passing the costs onto the consumer.
What Happened: Tariffs of 25% on items imported into the United States from Mexico are <a href="https://www.benzinga.com/news/global/25/02/44010093/trumps-plan-for-canada-mexico-china-tariffs-to-start-march-4-could-shake-stock-market">expected to take effect </a>Tuesday and the restaurant industry is one of many that could face higher costs as a result.
Boatwright recently shared how the company was bracing for higher costs as a result of President Donald Trump&#8217;s tariffs.
"It is our intent as we sit here today to absorb those costs," Boatwright <a href="https://www.nbcnews.com/business/consumer/chipotle-prices-trump-tariffs-ceo-company-will-absorb-higher-costs-rcna194214">said </a>on "NBC Nightly News" Sunday. He said the tariffs could be a "significant headwind" for the company and pricing changes could come in the long run.
Boatwright previously said Chipotle imports around 50% of its avocados from Mexico, with the remaining share coming from places like Colombia, Peru and the Dominican Republic.
"We are fortunate to have such an extraordinary economic model at Chipotle that we can withstand those types of inflationary pressures and not have to pass those costs off to the consumer."
The Chipotle CEO said the company's cost of goods could increase 0.6% on a rolling basis from the tariffs.
"We don't think it's fair to the consumer to pass those costs off to the consumer, because pricing becomes permanent,&#8221; Boatwright said. &#8220;And so again, back to the idea of delivering extraordinary value to the consumer. We're going to stay the course."
Read Also: <a href="https://www.benzinga.com/news/global/25/02/43795579/warren-buffett-unfazed-by-trumps-tariff-threats-oracle-of-omaha-bets-on-mexico-beer">Warren Buffett Unfazed By Trump&#8217;s Tariff Threats: Oracle Of Omaha Bets On Mexico, Beer</a>
Why It's Important: The decision not to pass costs onto consumers was likely a tough one and one that other companies will wrestle with.
Benzinga <a href="https://www.benzinga.com/news/global/24/12/42402629/trump-to-change-dollar-stores-for-good-dollar-tree-exec-says-prepared-to-act">previously shared</a> that Dollar Tree said tariffs could mean price hikes in stores or changes to the product assortment.
Dollar Tree Interim CEO Mike Creedon said the company would look to negotiate lower costs with suppliers, could change product specs and pack sizes and stop the sale of certain items altogether.
Chipotle said earlier this year that 2025 could prove to be a volatile year with slower sales growth than analysts expected.
As a public company, Chipotle faces the tough task of appealing to both investors and consumers. While the move to eat the costs at the restaurant level will be praised by consumers, investors may not share that sentiment. The question will be if they can gain additional customers who appreciate the move or take share from other restaurants that put surcharges on items.
Companies will likely be impacted by tariffs and with stocks selling off on Monday, investors may be expecting things to get worse before they get better.
Benzinga&nbsp;<a href="https://www.benzinga.com/trading-ideas/25/02/43827291/exclusive-will-trumps-tariffs-hurt-or-help-stock-market-59-say-this" target="_blank" rel="noreferrer noopener">recently asked</a>&nbsp;if the tariffs could impact stock market indexes like the S&amp;P 500, which is tracked by the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>).
"How will Trump's tariffs affect the stock market?" Benzinga asked.
The results were:
<ul>
<li>Weigh down: 59%</li>
<li>Push higher: 23%</li>
<li>No real impact: 19%</li>
</ul>
The majority of respondents said Trump's tariffs will send the stock market lower. The remaining voters were split nearly even between the stock market going higher as the result of tariffs or the tariffs not having a real impact on stock market returns.
CMG Price Action: Chipotle stock was up 0.7% to $54.33 on Monday versus a 52-week trading range of $47.98 to $69.26. Chipotle stock is down 9.3% year-to-date in 2025 and trading flat over the last year.
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Photo: Shutterstock

Retail Sales

Restaurants

Chipotle Ready To Eat Tariff Costs, Won't Charge Customers More: 'We Don't Think It's Fair To The Consumer'

CoStar Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) has outperformed the market over the past 10 years by 3.69% on an annualized basis producing an average annual return of 14.72%. Currently, CoStar Group has a market capitalization of $31.76 billion. 
Buying $1000 In CSGP: If an investor had bought $1000 of CSGP stock 10 years ago, it would be worth $3,916.97 today based on a price of $75.30 for CSGP at the time of writing.
<h3>CoStar Group's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741041910_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CSGP

Here's How Much You Would Have Made Owning CoStar Group Stock In The Last 10 Years

Electric vehicle company Polestar Automotive Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) has used several strategies to increase its sales and brand awareness in recent years. A new promotion aimed at Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is gaining steam and sees the company attempting to lure away <a href="https://www.benzinga.com/tech/25/01/43155064/polestar-ceo-looks-to-attract-tesla-customers-disenchanted-by-elon-musks-politics-somebody-outside-of-germany-endorsing-right-wing-politicial-parties-totally-unacceptable">existing EV users.</a>
What Happened: Outspoken <a href="https://www.benzinga.com/general/space/25/03/44082374/could-musks-starlink-secure-an-faa-deal-under-trumps-presidency">political commentary and action</a> from Tesla CEO Elon Musk could be damaging the brand awareness and sales of Tesla according to recent reports and sales figures.
Rival EV companies are looking to capitalize on the increased pressure on Tesla from the public and consumers.
Polestar has been attempting to lure Tesla customers in recent months and the company is recently offering a $5,000 discount for Tesla owners who lease a Polestar 3. Added into an additional $15,000 in lease incentives, Polestar customers that come from Tesla could save $20,000 as reported by <a href="https://insideevs.com/news/752184/polestar-3-tesla-lease-deal/">InsideEVs</a>.
Polestar US Head of Sales Jordan Hofmann said in a LinkedIn <a href="https://www.linkedin.com/feed/update/urn:li:activity:7301314899694039040/">post</a> that the promotion is working.
"The numbers speak for themselves. This week we saw some of the highest order days for Polestar 3, and the response to our Tesla Conquest Offer has been incredible," Hofmann said.
Hofmann said momentum for the Polestar 3 is growing.
Read Also: <a href="https://www.benzinga.com/news/25/02/44047246/polestar-secures-new-450m-financing-deal-to-boost-growth">Polestar Secures New $450M Financing Deal To Boost Growth</a>
Why It's Important: While Tesla has faced increased competition in recent years with more electric vehicle companies and models, the political moves by Musk have given companies a new rally cry of offering switch incentives that are working.
The incentives from Polestar and reported momentum from the company come as Tesla sales have declined in <a href="https://www.benzinga.com/25/02/43534797/tesla-sales-drop-60-in-germany-are-elon-musks-politics-getting-in-the-way-of-ev-growth">places like Germany </a>and California to start <a href="https://www.benzinga.com/trading-ideas/25/02/43447273/tesla-sales-drop-12-in-california-is-elon-musks-support-for-donald-trump-hurting-ev-sales">the 2025 year</a>.
Tesla is also facing protests at several locations around the world. Actor and filmmaker Alex Winter told <a href="https://insideevs.com/news/751777/tesla-takeover-alex-winter-interview/">InsideEVs </a>that the protests aren't against Tesla but rather the man leading the company.
"We are anti-Elon Musk. The mission is to decouple Musk from Tesla, because he is a toxic figurehead for that company," Winter said. &nbsp;
Winter, known for his role in the "Bill &amp; Ted" film franchise, is one of the larger voices in the current Tesla protest movement. He said that it's important to get people to stop buying Tesla vehicles as this would force the company to part ways with Musk.
"I think it's the hypocrisy of it. This idea that these guys, who have built their wealth off of government subsidies and government handouts, are accusing hard-working, low-income people of being parasites."
Price Action: Tesla stock was down 2.8% to $284.65 on Monday versus a 52-week trading range of $138.80 to $488.54. Tesla stock is down 25% year-to-date in 2025 and up 51% over the last year.
Polestar stock was down 1.8% to $1.07 Monday versus a 52-week trading range of $0.61 to $1.94. Polestar stock is down 27% year-to-date in 2025 and down 40% over the last year.
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Photo: Shutterstock

PSNY

Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With 'Trade In' Offer?

The offering consists of $1.0 billion aggregate principal amount of 5.400% senior notes due 2035 and $1.0 billion aggregate principal amount of 5.950% senior notes due 2055.

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