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Outlook Therapeutics (NASDAQ:OTLK) Stock, Chaîne d'Options

OUTLOOK THERAPEUTICS INC

Outlook Therapeutics

Outlook Therapeutics Inc is a clinical stage biopharmaceutical company focused on developing and commercializing ONS-5010, a monoclonal antibody, or mAb, for various ophthalmic indications. The Company have received marketing authorization for an ophthalmic formulation of ONS-5010/LYTENAVA (bevacizumab-gamma) for use in treating wet age-related macular degeneration, or wet AMD, in the European Union, and United Kingdom. The product pipeline includes ONS-5010/LYTENAVA which is in total eight NORSES; ONS-5010 Clinical Progress, Unmet Patient Needs, New Ophthalmic Anti-VEGF, and Potential First Line Therapy.

Outlook Therapeutics, Inc. - Common Stock

Outlook Therapeutics Inc

Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) CEO Daniel Ek has positioned his investment firm at the forefront of Europe&#8217;s defense tech boom, leading a €600 million ($690 million) Series D funding round in AI-powered military startup Helsing.
What Happened: Prima Materia, Ek&#8217;s investment vehicle, spearheaded the round announced June 17, valuing the Munich-based defense unicorn at €12 billion ($13.8 billion). Major participants included Lightspeed Venture Partners, General Catalyst, Accel, and Swedish aerospace giant Saab, according to company statements, <a href="https://observer.com/2025/06/spotify-daniel-ek-european-defense-tech-startup-helsing/">reported</a> the Observer.
The funding surge reflects Europe&#8217;s accelerated military spending amid rising geopolitical tensions following Russia&#8217;s 2022 Ukraine invasion. Helsing, founded in 2021 by game developer, former German defense official Gundbert Scherf, and AI researcher Niklas Köhler, has rapidly expanded from software development to manufacturing drones, submarines and aircraft.
&#8220;As Europe rapidly strengthens its defense capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy and security readiness,&#8221; Ek stated, according to the report.
See Also: <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad">US Issues Worldwide Caution After Strikes On Iran&#8217;s Nuclear Sites: State Department Warns Of Airspace Closures, Travel Chaos And Rising Threats To Americans Abroad</a>
Why It Matters: Global defense tech venture capital hit $3 billion across 102 deals in 2024, marking an 11% year-over-year increase, according to Crunchbase data. Helsing&#8217;s round ranks among the sector&#8217;s largest alongside U.S. rival Anduril Industries&#8216; recent <a href="https://www.benzinga.com/markets/market-summary/25/06/45810158/anduril-raises-2-5-billion-at-30-5-billion-valuation-doubling-in-a-year-as-defense-contracts-grow">$2.5 billion raise at a $30.5 billion valuation</a>.
Ek, estimated worth $10 billion, co-founded Prima Materia in 2020 with early Spotify investor Shakil Khan, pledging €1 billion toward European tech investments over the decade. Previous backing includes longevity startup Epiterna and health-tech venture Neko Health.
Helsing&#8217;s AI-powered military decision-making software has been deployed by Ukrainian forces since 2022, establishing credibility in active combat zones. The company raised €450 million in Series C funding last year, building on Prima Materia&#8217;s initial €100 million 2021 investment.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/25/06/46045060/bitcoin-ethereum-dogecoin-fall-as-us-involvement-in-iran-israel-war-threatens-oil-prices-spike-arthur-hayes-says-weakness-shall-pass-and-btc-will-show-its-safe-haven-status" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Fall As US Involvement In Iran-Israel War Threatens Oil Prices Spike: Arthur Hayes Says ‘Weakness Shall Pass' And BTC Will Show Its Safe Haven Status</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: Diego Thomazini / Shutterstock.com

Startups

SPOT

Spotify's Daniel Ek Leads $690 Million Bet On Defense AI Startup Helsing, Valued At $13.8 Billion As Europe Ramps Up Military Spending

<ul>
<li>Final analysis of PEARL real world migraine prevention study presented at 11th Congress of the European Academy of Neurology (EAN 2025) Congress in Helsinki1,2</li>
<li>Fremanezumab demonstrated sustained effectiveness and a favourable safety and tolerability profile over the two-year study period1,2</li>
<li>Injection adherence remained high throughout the study (~90%), while over 75% of patients completed the study duration1</li>
</ul>

News

TEVA

Teva's Final PEARL Study Data Confirm AJOVY's Sustained Migraine Prevention And Favorable Safety Over Two Years

As tensions continue to mount in the Middle East, maritime data from the region comprising key global shipping chokepoints is flashing red.
What Happened: On Sunday, X user EndGame Macro, quoted a post sharing data that showed a substantial dip in vessel crossings through the Strait of Hormuz and the Suez Canal in recent days.
The downturn spans multiple ship categories, including crude tankers, container ships, and bulk carriers, raising fresh concerns about the mounting geopolitical risk in the Middle East. 
The post notes that westbound and eastbound traffic through the Strait of Hormuz is down 10.8% and 11.4%, respectively. Crude oil tanker activity has fallen by 9% in both directions, suggesting weaker flows from Gulf producers to Asia and Europe.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/46045651/northrop-grumman-jumps-5-overnight-as-b-2-bombers-return-to-missouri-after-36-hour-iran-strike-trump-says-job-well-done">Northrop Grumman Jumps 5% Overnight As B-2 Bombers Return To Missouri After 36-Hour Iran Strike: Trump Says &#8216;Job Well Done&#8217;</a>
Even steeper declines were reported in chemical and LPG tankers, down 20.4% and 13.6%, respectively, signaling potential demand slumps and industrial slowdown, particularly in China.
Container ship traffic has plunged 21.1% through Hormuz and nearly 31% through the Suez Canal, pointing to either disrupted supply chains or intentional rerouting to avoid perceived threats, alongside rising insurance costs, and potential for disruptions in the region. 
At the same time, however, the Cape of Good Hope is absorbing portions of this traffic, with a lower pace of decline, clearly hinting at a shift in trade routes, as vessels steer clear of the Red Sea.
<figure class="wp-block-embed aligncenter 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">This is the pulse of global trade and energy flows. A breakdown of vessel crossings through strategic maritime chokepoints (Strait of Hormuz, Suez Canal, Cape of Good Hope) reveals important signs of tension, rerouting, and demand disruption: Strait of Hormuz Traffic for… <a href="https://t.co/2vPI60OQ0F">https://t.co/2vPI60OQ0F</a>
&mdash; EndGame Macro (@onechancefreedm) <a href="https://twitter.com/onechancefreedm/status/1936926832680374631?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: As tensions continue to flare in the region, markets are watching closely after Iran&#8217;s parliament voted to authorize a potential <a href="https://www.benzinga.com/news/politics/25/06/46044009/us-iran-tensions-escalate-as-iran-threatens-hormuz-closure-potentially-rattling-global-oil-markets">closure of the Hormuz Strait</a> on Sunday. 
Such a move, however, is predominantly expected to harm China, which is Iran&#8217;s main energy export customer, while the U.S., in contrast, purchases less than 3% of its oil from the Persian Gulf. 
China has likewise <a href="https://www.benzinga.com/news/events/25/06/46046039/china-slams-us-at-un-over-iran-nuclear-strikes-warns-of-spiraling-escalation-in-middle-east-demands-immediate-ceasefire">slammed the U.S.</a> over its strikes on Iranian nuclear facilities, saying that it &#8220;exacerbated tensions in the Middle East and dealt a heavy blow to the international nuclear non-proliferation regime.&#8221;
Price Action: Brent oil futures are up 0.50%, trading at $77.623 a barrel, amid growing concerns of trade disruptions. 
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/46046249/mike-pence-lauds-trumps-decisive-leadership-on-the-historic-mission-against-irans-nuclear-program-i-couldnt-be-more-proud">Mike Pence Lauds Trump&#8217;s &#8216;Decisive Leadership&#8217; On The &#8216;Historic Mission&#8217; Against Iran&#8217;s Nuclear Program: &#8216;I Couldn&#8217;t Be More Proud&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Politics

Iran Threatens Strait Of Hormuz After US Bombs Its Nuclear Sites: Shipping Traffic Plunges

<h3>Companies Reporting Before The Bell</h3>
• Jerash Holdings (US) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JRSH#NASDAQ">JRSH</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $32.70 million. 
• Commercial Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) is estimated to report quarterly earnings at $0.84 per share on revenue of $2.04 billion. 
• FactSet Research Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) is estimated to report quarterly earnings at $4.30 per share on revenue of $580.70 million. 
<h3>Companies Reporting After The Bell</h3>
• KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) is estimated to report quarterly earnings at $2.23 per share on revenue of $1.81 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

JRSH

Earnings Scheduled For June 23, 2025

In the wake of the U.S. dropping bunker buster bombs on Iran&#8217;s key nuclear sites, energy markets are preparing for potential disruptions and a further surge in oil prices.
What Happened:&nbsp;&nbsp;The US&#8217;s aggressive actions against Iran, a significant oil producer, have heightened tensions in the region. This conflict, initially sparked by Israel&#8217;s extensive airstrikes, has thrust the global energy trade into the limelight.
Energy analytics firm Kpler, through a post on X on Saturday, forecasts a sharp 7-10% increase in oil prices due to rising risk premiums. However, they also warn that this spike may be temporary.
&#8220;Expect oil to open with a sharp 7–10% gap up as risk premiums surge. But don't be fooled, this may not last,&#8221; stated Kpler.
<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">The US Enters the Israel-Iran War &#8211; What's Next for Oil? The <a href="https://twitter.com/hashtag/US?src=hash&amp;ref_src=twsrc%5Etfw">#US</a> has just struck Iranian nuclear facilities, and markets will react to the shock. At <a href="https://twitter.com/hashtag/Kpler?src=hash&amp;ref_src=twsrc%5Etfw">#Kpler</a>, we flagged this escalation ahead of time in our latest weekend report, anticipating a move while markets remain closed… <a href="https://t.co/y4dvCyNbAp">pic.twitter.com/y4dvCyNbAp</a>
&mdash; Kpler (@Kpler) <a href="https://twitter.com/Kpler/status/1936708713777152498?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
A 10% increase from Friday&#8217;s crude oil closing would push&nbsp;the global oil benchmark to&nbsp;nearly $85 per barrel.
Despite the potential for Iran to retaliate, Kpler believes that&nbsp;a complete shutdown of the Strait&nbsp;of Hormuz or attacks on&nbsp;the Gulf Cooperation Council&#8216;s energy infrastructure are highly unlikely.
Kpler also anticipates an early OPEC+ production increase of at least 411,000 barrels per day in August, continuing a trend of similar output hikes in recent months.
Freight disruptions are a key concern as Houthi threats escalate in the Middle East Gulf and Red Sea, potentially boosting demand for middle distillates—especially jet fuel—in Western markets, predicts the energy analytics firm.
&#8220;Freight disruptions will be the story to watch,&#8221; stated Kpler
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/politics/25/06/46043789/marjorie-taylor-greenes-response-to-trump-bombing-iran-let-us-pray-that-we-are-not-attacked-by-terr" target="_blank" rel="noreferrer noopener">Marjorie Taylor Greene&#8217;s Response To Trump Bombing Iran: &#8216;Let Us Pray That We Are Not Attacked By Terrorists On Our Homeland&#8217;</a>
Why It Matters: The recent escalation in the Middle East has been a <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46014138/shell-ceo-warns-of-huge-impact-on-global-trade-if-the-strait-of-hormuz-is-blocked-amid-israel-iran-conflict-we-need-to-set-actions-for-a-new-reality">cause for concern</a> for the global energy trade. Last week, Shell CEO Wael Sawan warned of the potential repercussions on global trade if the conflict between Israel and Iran continues to escalate. The strategic importance&nbsp;of the Strait of Hormuz, a major artery for the world&#8217;s oil trade, has been a key concern.
Notably, Iran&#8217;s parliament has approved a measure to close the Strait of Hormuz. However, the move still awaits approval from security officials. The Strait of Hormuz is a crucial chokepoint for global trade, carrying 21% of the world's petroleum liquids consumption.
The Israel-Iran conflict has already had a significant impact on oil prices, with a more than 3% <a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46017496/israel-iran-conflict-lifts-crude-above-77-what-it-means-for-oil-etfs">rise in West Texas</a> Intermediate crude prices to above $77 a barrel. The potential for U.S. involvement in the conflict has further increased the geopolitical risk premium, leading to a surge in interest in oil and energy-themed ETFs.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/events/25/06/46046039/china-slams-us-at-un-over-iran-nuclear-strikes-warns-of-spiraling-escalation-in-middle-east-demands-i" target="_blank" rel="noreferrer noopener">China Slams US At UN Over Iran Nuclear Strikes: Warns Of &#8216;Spiraling Escalation&#8217; In Middle East, Demands Immediate Ceasefire</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.

Oil Prices Could Surge By 10% As US Drops Bunker Buster Bombs On Iran, But May Not 'Last,' Says Analyst: 'Freight Disruptions Will Be The Story To Watch'

Reported Saturday, PHX Acquisition Nears Completion As WhiteHawk Secures Majority Of Outstanding Shares In Successful Tender Offer

<ul>
<li>[212Pb]VMT-α-NET Phase 1/2a study is advancing into Cohort 3 with a fixed administered dose that is up to 20% higher (6 mCi) than the dose administered to patients in Cohort 2</li>
<li>Dosimetry sub-study analysis presented at the Society of Nuclear Medicine &amp; Molecular Imaging (SNMMI) 2025 Annual Meeting to advance utility of dosimetry in clinical development when considered with clinical data</li>
<li>On track to submit further clinical updates to scientific congresses in 2H 2025, including longer safety follow-up on all patients who have received at least one treatment of [212Pb]VMT-α-NET and anti-tumor activities in patients dosed to date who have had the opportunity to receive at least one scan after their full treatment &nbsp;</li>
</ul>

CATX

Reported Saturday, Perspective Therapeutics Opens Cohort 3 In Phase 1/2a Trial of [212Pb]VMT-α-NET For SSTR2-Positive Neuroendocrine Tumors With 20% Higher Fixed Dose

GEHC

Reported Saturday, GE HealthCare Showcases LesionID Pro And MINItrace Magni At SNMMI 2025 To Advance AI-Powered Theranostics And Molecular Imaging

After decades of shaping the computing world from opposite sides of the operating system divide, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates and Linux creator Linus Torvalds have finally met—at a private dinner hosted by a top Microsoft executive.
What Happened: The long-anticipated meeting took place at a dinner hosted by Mark Russinovich, Microsoft's Azure CTO and the creator of Sysinternals, last week, according to a LinkedIn post he shared.
Dave Cutler, Microsoft technical fellow and the lead developer behind Windows NT, was also present during the time, making the gathering a who's who of systems programming pioneers.
"No major kernel decisions were made," Russinovich joked in his post, referencing the historic rivalry between Windows and Linux.
See Also: &nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/06/45988656/elon-musk-warns-us-faces-de-facto-bankruptcy-if-37-trillion-debt-not-tackled-peter-" target="_blank" rel="noreferrer noopener">Elon Musk Warns US Faces ‘De Facto' Bankruptcy If $37 Trillion Debt Not Tackled, Peter Schiff Says, ‘We Are Already Bankrupt'</a>
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23020342/Screenshot-2025-06-23-at-11.33.31%E2%80%AFAM-977x1024.png" alt="" class="wp-image-957501" style="width:457px;height:auto" /><figcaption class="wp-element-caption">Source: LinkedIn</figcaption></figure>
Why It's Important: Despite being two of the most influential figures in tech, Gates and Torvalds had never met before the event.
Torvalds is credited with launching the open-source Linux kernel in 1991, which became a global operating system alternative to Microsoft Windows. Meanwhile, Gates famously drove Windows' dominance across personal and enterprise computing during the 1990s and early 2000s.
With a net worth of $175 billion, Gates is currently the fifth wealthiest individual in the world, according to the Bloomberg Billionaire <a href="https://www.bloomberg.com/billionaires/">Index</a>. According to Celebrity Net Worth, Trovalds has a net worth of $50 million.
According to Benzinga&#8217;s Edge Stock Rankings, Microsoft continues to show strong upward momentum over the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">Additional performance details can be found here</a>.
<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/23020551/Screenshot-2025-06-23-at-11.34.17%E2%80%AFAM.png" alt="" class="wp-image-957502" /></a></figure>
Read More:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/news/25/04/44735140/most-people-dont-have-the-balls-to-do-it-says-mark-cuban-praising-musk-for-going-all-in-with-his-own-money-f" target="_blank" rel="noreferrer noopener">‘Most People Don&#8217;t Have The B&#x2A;&#x2A;ls To Do It,&#8217; Says Mark Cuban, Praising Musk For Going ‘All In&#8217; With His Own Money For His Startups</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

MSFT

Bill Gates Finally Meets Linux Creator Linus Torvalds At Microsoft Exec's Dinner, Decades After Powering Rival Operating Systems

MTVA

Reported Saturday, MetaVia Presents Preclinical Data Showing Additive Hepatoprotective Effects Of DA-1241 And Efruxifermin Combination In MASH Mouse Model At ADA 2025

Macro Economic Events

Econ #s

Economics

Eurozone Services Purchasing Managers Index Preliminary For June 50.0 Vs. 50.0 Est.; 49.7 Prior

HCOB Eurozone Composite Purchasing Managers Index Preliminary For June 50.2 Vs. 50.5 Est.; 50.2 Prior

Eurozone Manufacturing Purchasing Managers Index Preliminary For June 49.4 Vs. 49.6 Est.; 49.4 Prior

<ul>
<li>Treatment with apelin receptor agonist enhanced glycemic control and demonstrated cardioprotective effects, with additive benefits observed in combination with incretin therapy</li>
<li>Data support development of next-generation APJ agonists for obesity and key comorbidities</li>
</ul>

BIOA

Reported Saturday, BioAge Labs Presents Preclinical Data Showing APJ Agonism Enhances Glycemic Control And Cardioprotection In Diabetic Obesity And HFpEF

Germany Services Purchasing Managers Index Preliminary For June 49.4 Vs. 47.8 Est.; 47.1 Prior

Germany Manufacturing Purchasing Managers Index Preliminary For June 49.0 Vs. 48.9 Est.; 48.3 Prior

TSLA

Tesla Doubles Down On US — Elon Musk Plans Another $8 Billion Investment After Spending Nearly $10 Billion In 2024

Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) former head of AI, Andrej Karpathy, thinks that tech companies still haven't solved autonomous driving.
What Happened: Karpathy, speaking at last week's Y Combinator event, explained that achieving fully autonomous driving may not be as easy as it seems.
Karpathy shared an anecdote of his experience with autonomous driving in 2013 with Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo. "We got into this car and we went for an about 30-minute drive around Palo Alto, highways, streets and so on, and that drive was perfect," he said.
He highlighted how he thought that the autonomous driving sector was about to be solved, but more than a decade later, companies are still working on perfecting the technology, as Waymo still uses teleoperators, Karpathy said.
Why It Matters: The comments come in as Elon Musk's EV giant has officially rolled out the<a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work"> Robotaxi service in Austin</a> in an invite-only event to demonstrate the company's autonomous driving prowess.
Robotaxis could prove to be a crucial element to Tesla's business, with experts like Future Fund LLC's managing director<a href="https://www.benzinga.com/markets/tech/25/06/45991403/teslas-robotaxi-launch-could-be-key-to-310-price-target-says-gary-black"> Gary Black reiterating the importance </a>of the service to Tesla's future.
However, as Tesla's Austin rollout begins, the company will look to catch up to Waymo, which <a href="https://www.benzinga.com/markets/tech/25/06/45988738/tesla-robotaxi-rival-waymo-expands-services-in-california-amid-us-autonomous-vehicle-push">already operates</a> in multiple cities across the U.S. in Arizona, California and Texas.
What could be a boost to Tesla is the <a href="https://www.benzinga.com/markets/tech/25/06/45966726/tesla-vehicle-production-cost-1-7-that-of-waymo-elon-musks-ev-giant-closer-to-full-autonomy-than-competition-report">cost of AVs </a>or autonomous vehicles, which data suggests is 1/7 that of Waymo's fleet. The data also suggested Tesla has over 3 billion miles worth of data to work with, compared to Waymo's 22 million miles.
Tesla scores well on Momentum, Quality and Growth metrics, but offers 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's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/asia/25/06/46022846/elon-musks-tesla-to-build-first-grid-scale-energy-storage-site-in-china-with-550-million-investment">Elon Musk&#8217;s Tesla To Build First Grid-Scale Energy Storage Site In China With $550 Million Investment</a></li>
</ul>
Photo courtesy: Shutterstock

GOOG

GOOGL

Ex-Tesla AI Chief Andrej Karpathy Says Self-Driving Still Isn't Solved After A Decade

Scale AI&#8217;s billionaire co-founder Lucy Guo says anyone pining for work-life balance is likely "not in the right work," arguing 90-hour weeks are the new baseline for startup success.
What Happened: The 30-year-old co-founder and Passes CEO <a href="https://fortune.com/2025/06/22/scale-ai-millennial-billionaire-lucy-guo-warning-work-life-balance-gen-z-wrong-job-career/">told</a> Fortune she rises at 5:30 a.m., completes two to three Barry's Bootcamp sessions, then works until midnight, often policing her customer-support inbox with a self-imposed five-minute reply rule.
Guo's rejection of the 40-hour norm comes as venture investors trumpet China's "996" regimen as Silicon Valley's new competitive tempo. VC Harry Stebbings recently <a href="https://www.linkedin.com/posts/harrystebbings_founder-funding-business-activity-7334473729579606016-56Od/">wrote</a> that founders need "seven days a week" to win, while Index Ventures partner Martin Mignot <a href="https://www.linkedin.com/posts/martinmignot_forget-9-to-5-996-is-the-new-startup-standard-activity-7335258912662683649-s6R0/">declared</a>, "Forget 9-to-5, 996 is the new startup standard." Guo agrees, saying her schedule "doesn't really feel like work… I love doing my job."
See also: <a href="https://www.benzinga.com/personal-finance/management/25/06/46043723/elon-musk-said-in-america-its-pretty-easy-to-keep-yourself-alive-so-he-challenged-himself-to-live-on-1-a-day-eating-hot-dogs-and-oranges">Elon Musk Said &#8216;In America, It&#8217;s Pretty Easy To Keep Yourself Alive&#8217; — So He Challenged Himself To Live On $1 A Day, Eating Hot Dogs And Oranges</a>
The Miami-based entrepreneur retains a nearly 5% stake in Scale AI, now valued at <a href="https://www.benzinga.com/markets/tech/25/06/45919069/meta-invests-in-scale-ai-at-29-billion-valuation-taps-ceo-alexandr-wang-to-drive-internal-ai-push-as-part-of-deepening-partnership">about $29 billion</a>, making her the world's youngest self-made woman billionaire, according to Forbes. She now devotes most days to Passes, a creator-monetization platform that raised $40 million in Series A funding last year..
Guo insists even marathon weeks leave room for life. "I still find one to two hours for family and friends… You should always find time for that," she says. Her daily routine includes black coffee, "lunch al desko," design reviews and late-night QA checks on user feedback.
Why It Matters: Critics warn 996 culture fuels burnout, yet Guo's stance mirrors Big Tech veterans who say 60-plus hours are now table stakes. Google co-founder Sergey Brin <a href="https://www.benzinga.com/news/25/03/44145930/its-the-sweet-spot-googles-sergey-brin-wants-engineers-in-the-office-60-hours-a-week-theyre-building-ai-that-may-make-them-obsolete">recently told AI teams</a> that "60 hours is the sweet spot," according to a leaked memo.
Shark Tank star and billionaire entrepreneur Mark Cuban recently <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/45939593/mark-cuban-challenges-concept-of-work-life-balance-for-high-achievers-not-working-would-be-a-sacrifice">dismissed the idea</a> of work-life balance, claiming there&#8217;s &#8220;somebody working 24 hours a day to kick your a&#x2A;s&#8221;. Zoom Communication Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) CEO Eric Yuan shares a <a href="https://www.benzinga.com/markets/tech/25/06/45944333/zoom-ceo-eric-yuan-dismisses-work-life-balance-work-is-life-life-is-work-with-one-important-caveat">similar view</a>. Yuan, on a recent podcast, said, &#8220;There&#8217;s no way to balance. Work is life, life is work.&#8221;
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Scale AI's Co-Founder Says Those Seeking Work-Life Balance Are 'Not In The Right Work'

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