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OUSTER INC

Ouster

Ouster Inc is a provider of lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries. Ouster's products include high-resolution scanning and solid-state digital lidar sensors, Velodyne Lidar sensors, and software solutions. The company operates in the Americas, Asia and Pacific, Europe, Middle East, and Africa regions. It derives maximum revenue from Americas.

Ouster Inc

Leading cryptocurrencies rose alongside stocks on Wednesday as President Donald Trump denied that he plans to remove Federal Reserve Chair Jerome Powell.
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<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 10:50 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+0.85%</td>
<td>$118,233.42</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>+7.29%</td>
<td>$3,346.01</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>+8.82%</td>
<td>$0.2139</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin topped $120,000 in the evening before plummeting to a low of $117,255.02 overnight, even as trading volume dipped 21% in the last 24 hours.
The so-called ‘Crypto Week' continued to hit roadblocks due to disagreements among GOP lawmakers<a href="https://www.benzinga.com/news/politics/25/07/46458679/trump-backed-crypto-bills-stalled-again-in-house-of-representatives-marjorie-taylor-greene-holds-out-on-cbdc-ban-will-not-vote-for-this"> regarding key cryptocurrency bills</a>.
Ethereum recorded a steeper spike, surging past the $3,000–$3,400 resistance zone. Institutional flows supported the rally, with Cathie Wood's Ark Invest <a href="https://www.benzinga.com/news/25/07/46458290/cathie-woods-ethereum-double-down-ark-bets-7-9-million-on-eth-staking-etf-buy-while-selling-coinbase-at-highs">scooping a significant number of shares</a> of 3iQ Ether Staking ETF (ETHQ.U).&nbsp;
The rally hit bearish traders, with nearly $300 million in short positions getting erased in the last 24 hours.
Bitcoin's open interest rose marginally by 0.58% in the last 24 hours, while funds locked in Ethereum's derivatives jumped 4%. Meanwhile, the majority of Binance traders with open BTC positions were short as of this writing.
Top Gainers (24 Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 10:50 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Floki (FLOKI)</td>
<td>+32.40%</td>
<td>$0.0001301</td>
</tr>
<tr>
<td>Bonk (BONK)&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+21.24%</td>
<td>$0.00003755</td>
</tr>
<tr>
<td>Curve DAO Token (CRV)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+20.24%</td>
<td>$0.9476 </td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.79 trillion, following a jump of 2.24% in the last 24 hours.
Stocks bounced back sharply on Wednesday. The Dow Jones Industrial Average lifted 231.49 points, or 0.53%, to end at 44,254.78. The S&amp;P 500 rose 0.32% to end at 6,263.70. The tech-focused Nasdaq Composite added 0.18% to clock yet another record close of 20,640.33.
Drama unfolded after a senior White House official hinted that Trump is planning to remove Fed Chair Powell. However, Trump <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46449521/donald-trump-to-fire-jerome-powell-polymarket-traders-say-no-but">quickly downplayed the reports</a>, saying it is "highly unlikely" he will do so in the near future.
Interestingly, the odds of a 25 basis point rate cut at the Federal Reserve&#8217;s September meeting increased from 54.5% to 56.3%, <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">according </a>to the CME FedWatch tool.&nbsp;
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: In a note to Benzinga, the analytics team at Bitcoin yield protocol TeraHash said that if <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46441190/600m-in-1-day-why-are-bitcoin-ethereum-etf-suddenly-so-bullish">exchange-traded flows</a> persist and cryptocurrency bills pass through, Bitcoin could see a $3 trillion valuation by year-end.
"We see this as Bitcoin's transition from ‘digital gold' to monetary infrastructure," the analysts said.
Widely followed cryptocurrency analyst Ali Martinez flagged $3,980 as a key resistance for Ethereum, breaking which could "ignite a major bull rally."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A key resistance level ahead for Ethereum <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> is $3,980. Breaking above it could ignite a major bull rally! <a href="https://t.co/11v2ytwIIs">pic.twitter.com/11v2ytwIIs</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1945543454295011714?ref_src=twsrc%5Etfw">July 16, 2025</a></blockquote>
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Photo Courtesy: oekka.k on Shutterstock.com
Read Next:    
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46449521/donald-trump-to-fire-jerome-powell-polymarket-traders-say-no-but">Donald Trump To Fire Jerome Powell? Polymarket Traders Say &#8216;No, But&#8230;&#8217;</a></li>
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

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$DOGE

$ETH

Bitcoin, Ethereum, Dogecoin Climb Amid Trump-Powell Turbulence: Analyst Says BTC Could Reach $3 Trillion Market Cap By Year-End If This Happens

Seven &amp; i Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SVNDY#OTC">SVNDY</a>) shares tumbled 9% on Thursday on the Tokyo exchange to a low of 2,000 Japanese Yen ($13.50) after Canada&#8217;s Alimentation Couche-Tard (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ANCTF#OTC">ANCTF</a>) withdrew its $47 billion takeover bid, citing &#8220;persistent lack of good faith engagement.&#8221; Trading resumed at 10:16 a.m. local time following a halt.
Couche-Tard pulled its enhanced $18.19 per share offer, valuing the 7-Eleven operator at 7 trillion yen. The Canadian retailer had raised its bid 22% from August&#8217;s initial $14.86 proposal, which Seven &amp; i rejected as undervalued.
Seven &amp; i disputed Couche-Tard&#8217;s withdrawal rationale, calling the termination &#8220;unilateral.&#8221; The Japanese convenience store giant replaced CEO Ryuichi Isaka with Stephen Dacus in May.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/07/46458652/tim-cooks-new-job-is-keeping-trump-happy-says-economist-justin-wolfers-innovation-takes-a-back-seat-to-political-favoritism">Tim Cook&#8217;s New Job Is Keeping Trump &#8216;Happy,&#8217; Says Economist Justin Wolfers: &#8216;Innovation Takes A Back Seat To Political Favoritism&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Equities

News

Markets

ANCTF

SVNDY

Seven & i Crashes 9% After Couche-Tard Yanks $47 Billion Takeover Bid, Slams 'Lack of Good Faith' Talks — Tokyo Retail Giant Calls Move 'Unilateral'

Real‑estate millionaire Barbara Corcoran says she built a hugely successful brokerage by turning work into "the wildest parties in town" and not a slog of rules and layoffs.
What Happened: "Fun is the most under‑utilized tool in business," the 76‑year‑old "Shark Tank" investor <a href="https://www.linkedin.com/posts/barbaracorcoran_fun-goodtimes-employeeretention-activity-7347987853001277445-9Ay6/">wrote</a> on LinkedIn, recalling how she kept turnover near zero at The Corcoran Group.
Corcoran's perk list reads like a county fair program. Mid‑week picnics with 5,000‑pound elephant rides, 60‑foot hot‑air balloons, in‑office massages, yoga and manicures, plus laundry machines and babysitters "for the moms who felt stressed at work."
She once purchased a Bentley for her star broker. "It wasn't about the car, it was about making her feel like a star in front of the whole company," she said, noting that competition for the next big gesture went through the roof.
See Also: <a href="https://www.benzinga.com/personal-finance/management/25/07/46444845/millionaires-discuss-how-to-stay-motivated-after-reaching-a-1-million-net-worth-now-i-find-myself-relaxing">Millionaires Discuss How To Stay Motivated After Reaching A $1 Million Net Worth: &#8216;Now I Find Myself Relaxing&#8217;</a>
Corcoran also ran a one‑dollar "good‑idea jar" and handed out gold ribbons for every million‑dollar closing, arguing that recognition motivates more than money. She sold the firm for $66 million in 2001 but says agents still line up to work there because the culture survived the sale to Anywhere Real Estate.
Why It Matters: Her carnival‑style playbook clashes with the harsher tone dominating many boardrooms. Meta Platforms&#8217; chief Mark Zuckerberg declared a "Year of Efficiency," cutting more than <a href="https://www.benzinga.com/news/24/06/39314161/zuckerberg-targets-metas-top-brass-in-planned-job-cuts-as-his-wealth-hits-181b-stock-price-soars">20,000 jobs</a> in over 2 years in 2024 and dangling reported <a href="https://www.benzinga.com/markets/tech/25/06/45988600/mark-zuckerbergs-meta-dangled-100-million-signing-bonuses-to-openai-team-members-says-sam-altman-happy-none-of-our-best-people-took-them">$100 million signing bonuses</a> for prized AI recruits.
JPMorgan Chase CEO Jamie Dimon has <a href="https://www.benzinga.com/news/financing/25/06/45878903/jpmorgan-ceo-jamie-dimon-urges-managers-to-stop-running-meetings-to-impress-the-boss-and-start-confronting-real-problems-head-on">warned managers</a> to stop "running meetings to impress the boss" and is forcing workers back to their desks. Dimon's hardline stances don&#8217;t end there. Dimon, in February, also strongly defended the organisation&#8217;s <a href="https://www.benzinga.com/markets/equities/25/02/43757032/jamie-dimon-goes-off-on-return-to-office-critics-you-dont-have-to-work-at-jpmorgan">five-day office requirements</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46441390/when-microsofts-identity-was-a-company-run-by-bill-gates-mary-gates-son-how-his-mother-helped-him-strike-gold-with-the-game-changing-1980-ibm-deal">When Microsoft&#8217;s Identity Was A Company &#8216;Run By Bill Gates, Mary Gates&#8217; Son&#8217; — How His Mother Helped Him Strike Gold With The Game-Changing 1980 IBM Deal</a></li>
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Management

Barbara Corcoran, Who Sold Her Real Estate Empire For $66 Million Decades Ago, Says This Is The 'Most Under-Utilized' Tool In The Workplace

Chinese-linked cybercriminals have reportedly intensified their attacks on Taiwan's semiconductor industry, targeting companies and financial analysts amid escalating <a href="https://www.benzinga.com/25/04/44770461/intel-on-slump-as-china-hits-us-made-chips-with-tariffs-amd-and-taiwan-semiconductor-rise-on-exemption-boost">U.S. export restrictions</a>, according to cybersecurity researchers.
What Happened: In a new analysis released Wednesday, cybersecurity firm Proofpoint reported a spike in cyber-espionage campaigns by at least three China-aligned hacking groups between March and June of this year, with some activity still ongoing, according to Reuters.
"We've seen entities that we hadn't ever seen being targeted in the past being targeted," said Mark Kelly, a threat researcher at Proofpoint focused on Chinese-related threats.
The hackers reportedly targeted 15 to 20 organizations, including semiconductor firms, small businesses, and analysts at at least one U.S.-based international bank.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45740017/tsmc-ceo-tells-trump-100-billion-us-chip-expansion-will-take-time-amid-tariff-pressures-surging-ai-demand">TSMC CEO Tells Trump $100 Billion US Chip Expansion Will &#8216;Take Time&#8217; Amid Tariff Pressures, Surging AI Demand</a>
While Proofpoint did not disclose specific victims, major Taiwanese chipmakers include Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), MediaTek, United Microelectronics Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>), Nanya Technology (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NNYAF#OTC">NNYAF</a>) and Realtek Semiconductor.
One group used compromised Taiwanese university email accounts to impersonate job seekers and send malware-laced PDFs or password-protected files.
Another campaign targeted analysts by posing as a fake investment firm offering collaboration opportunities. The attacks ranged from a few highly targeted emails to broad campaigns with up to 80 messages.
A spokesperson for the Chinese Embassy in Washington denied any involvement, telling the publication that cyberattacks are a global issue and that China "firmly opposes and combats all forms of cyber attacks and cyber crime."
Why It's Important: The cyberattacks coincide with the growing efforts of the Donald Trump administration to cut off China's access to advanced semiconductors, many of which are <a href="https://www.benzinga.com/government/regulations/25/04/44895326/taiwan-semiconductor-confronts-challenges-of-us-chips-sanction-on-china">manufactured in Taiwan</a>.
Meanwhile, U.S. AI chip giant Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is <a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/07/46453723/why-nvidias-china-comeback-could-propel-its-stock-to-new-heights">set to restart shipments</a> of its H20 GPUs to China following the Donald Trump administration's approval of export license applications.
The approval comes after export controls in April blocked $2.5 billion worth of H20 shipments earlier and paused an additional $8 billion in planned deliveries.
Benzinga Edge Stock Rankings indicate that TSMC displayed a stronger price trend across the short, medium and long term. While its growth ranking remained solid, its value ranking was comparatively weak. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">You can find the full breakdown of metrics here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16214929/Screenshot-2025-07-17-at-7.17.14%E2%80%AFAM.png" alt="" class="wp-image-988745" /></a></figure>
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/news/esg/25/06/45739698/bill-gates-commits-majority-of-200-billion-foundation-budget-to-africa-over-next-20-years-amid-trumps-massive-usaid-cuts" target="_blank" rel="noreferrer noopener">Bill Gates Commits Majority Of $200 Billion Foundation Budget To Africa Over Next 20 Years Amid Trump's Massive USAID Cuts</a></li>
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Photo Courtesy: Dilok Klaisataporn on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

Media

NNYAF

NVDA

Taiwan's Chip Industry Comes Under Attack By China-Linked Hackers As Trump Administration Tightens Export Controls: Report

House Republican leaders faced another setback Wednesday in their efforts to move key cryptocurrency bills, due to disagreements among GOP lawmakers.
What Happened: The faction, consisting of far-right Republicans, agreed to merge the market-structure-focused CLARITY Act with a separate bill banning a central bank digital currency, <a href="https://www.politico.com/live-updates/2025/07/16/congress/crypto-bills-stall-again-on-house-floor-00456576">Politico </a>reported. However, this decision has been met with resistance from committee members who fear that this merger could risk both bills.
House Speaker Mike Johnson (R-La.) had discussions with members of the Financial Services and Agriculture panels, as well as the opposing faction, the report said.
Interestingly, the roadblock comes after President Donald Trump declared that he had secured the commitment of 11 out of the 12 necessary Republicans to pass the bill, and that <a href="https://www.benzinga.com/news/politics/25/07/46435915/trump-says-11-of-12-republicans-needed-now-support-stablecoin-bill-after-earlier-setback-theyve-all-agreed-to-vote-in-favor">they would all vote in favor of the Rule</a>.
See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46443944/100m-in-pac-funding-but-still-no-crypto-laws-what-coinbase-wants-washington-to-know">$100M In PAC Funding, But Still No Crypto Laws — What Coinbase Wants Washington To Know</a>
Rep.&nbsp;Marjorie Taylor Greene&nbsp;(R-Ga.), one of the holdouts, declared earlier that she won&#8217;t vote in favor of the GENIUS Act, or the stablecoin bill, as it lacks a provision banning CBDCs.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I will not vote for this. The only way to guarantee a ban on a central bank digital currency is through law. The GENIUS Act does not ban CBDC or maintain people's chain of custody. Revelations 13:16-17 <a href="https://t.co/Br9iFFSn3p">pic.twitter.com/Br9iFFSn3p</a>
&mdash; Rep. Marjorie Taylor Greene&#x1f1fa;&#x1f1f8; (@RepMTG) <a href="https://twitter.com/RepMTG/status/1945489682411753902?ref_src=twsrc%5Etfw">July 16, 2025</a></blockquote>
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Why It Matters: This setback comes after the <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46453472/mara-holdings-stock-gains-as-house-reverses-course-to-advance-crypto-bills">House passed the first round of procedural votes</a> to advance major cryptocurrency legislation in the afternoon. 
The vote marked a significant turnaround from Tuesday, when a similar vote failed, casting a pall over the highly <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46433854/trumps-happy-crypto-week-gets-off-to-rocky-start-as-house-suspends-votes-on-key-bills">anticipated&nbsp;"Crypto Week."</a>&nbsp; However, as things stand, the lawmakers have reached a new deadlock.
The GENIUS Act, which has&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45989307/senate-passes-genius-act-coinbases-brian-armstrong-calls-it-big-milestone-scott-bessent-says-passage-could-drive-stablecoins-into-a-3-7-trillion-market" target="_blank" rel="noreferrer noopener">already passed in the Senate</a>, aims to establish the first regulatory framework for issuers of dollar-pegged stablecoins like&nbsp;Tether&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) and USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). The CLARITY Act, on the other hand, proposes to&nbsp;<a href="https://www.benzinga.com/25/05/45213365/maxine-waters-to-obstruct-cryptocurrency-hearing-plans-shadow-hearing-instead" target="_blank" rel="noreferrer noopener">split&nbsp;cryptocurrency oversight</a>&nbsp;between the SEC and the CFTC.
Photo Courtesy: Framalicious on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46448779/inside-trumps-oval-office-crypto-push-why-did-11-republicans-suddenly-change-their-vote">Inside Trump&#8217;s Oval Office Crypto Push: Why Did 11 Republicans Suddenly Change Their Vote?</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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$USDC

$USDT

Trump-Backed Crypto Bills Stalled Again In House Of Representatives, Marjorie Taylor Greene Holds Out On CBDC Ban: 'Will Not Vote For This'

According to University of Michigan economist Justin Wolfers, in recent months, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook has been spending far more time managing politics than pursuing new innovations. 
Check out the current price of&nbsp;<a href="https://www.benzinga.com/quote/AAPL" target="_blank" rel="noreferrer noopener">AAPL stock here.</a>
What Happened: Appearing on The Contrarian podcast on Wednesday, Wolfers said that Trump&#8217;s trade and tariff wars have shifted corporate priorities in damaging ways. &#8220;Tim Cook's most important job right now? Keeping Trump happy. Quite literally,&#8221; he says.
Wolfers contrasts Cook with his famed predecessor, Steve Jobs, whom he praised as relentlessly focused on product excellence, technology and design. 
See Also: <a href="https://www.benzinga.com/news/25/07/46456521/trumps-tariffs-are-a-500-billion-tax-on-us-businesses-that-wipe-out-his-2017-corporate-tax-break">Trump&#8217;s Tariffs Are A &#8216;$500 Billion&#8217; Tax On US Businesses That Wipe Out His 2017 Corporate Tax Break</a>
&#8220;Jobs was focused on making the greatest phone ever made,&#8221; he says, while Cook is now &#8220;figuring out whether to build a factory in India or China, and how visible he needs to be at Mar-a-Lago.&#8221;
He frames this shift as a broader turn toward crony capitalism, where business leaders are rewarded or punished based on their relationship with the president. 
Wolfers pointed to the early exemptions from Canadian and Mexican tariffs that were quietly extended to the Big Three automakers, signaling to top CEOs that favorable treatment was available if they stayed in President Donald Trump&#8217;s good graces.
&#8220;This is not just bad economics,&#8221; Wolfers says. &#8220;It's a system where innovation takes a back seat to political favoritism.&#8221;
Why It Matters: Economist and managing partner at the Collaborative Fund, Craig Shapiro, had echoed similar concerns a couple of months ago, when he said that Trump was <a href="https://www.benzinga.com/markets/25/04/45030778/trump-running-american-economy-like-a-mafia-don-economist-craig-shapiro-draws-parallels-with-russias-president">running the American economy</a> &#8220;like a mafia don.&#8221;
According to Shapiro, Trump was summoning the nation&#8217;s largest companies to his office, &#8220;to beg him to support their efforts, give them exemptions, remove competitors, etc.&#8221;
Early this year, Shapiro said that Apple was <a href="https://www.benzinga.com/government/regulations/25/02/43912631/apple-forced-to-kiss-the-ring-expert-questions-whether-trump-pushed-the-iphone-maker-for-500-billion-investment">forced to &#8220;kiss the ring&#8221;</a> after meeting with Trump, and announcing a $500 billion investment in the country over the next four years, referring to it as &#8220;state-imposed capitalism.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Apple forced to &quot;kiss the ring&quot; after meeting with Trump. Great for America longer term but do companies forced into state imposed &quot;capitalism&quot; trade at the same multiples as they have been ? And will other companies now just wait until they have their meeting with Trump… <a href="https://t.co/D5qmSU2pn8">https://t.co/D5qmSU2pn8</a>
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1893983145621369141?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote>
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Price Action: Apple shares were up 0.50% on Wednesday, trading at $210.16, and are down 0.06% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215758/Screenshot-2025-07-17-at-7.27.47-AM-1024x148.png" alt="" class="wp-image-988752" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215758/Screenshot-2025-07-17-at-7.27.47-AM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215758/Screenshot-2025-07-17-at-7.27.47-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215758/Screenshot-2025-07-17-at-7.27.47-AM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215758/Screenshot-2025-07-17-at-7.27.47-AM.png 1524w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Apple shares score high on Quality, but poorly on all other metrics. They have a favorable price trend in the short term, but it&#8217;s unfavorable in the medium and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock. 
Photo Courtesy: Ringo Chiu on Shutterstock.com
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/topics/25/07/46383701/apple-undergoing-major-management-overhaul-but-ceo-tim-cook-to-stay-on">Apple Undergoing Major Management Overhaul, But CEO Tim Cook To Stay On</a></li>
</ul>

Government

Macro Economic Events

Regulations

Politics

Economics

AAPL

Tim Cook's New Job Is Keeping Trump 'Happy,' Says Economist Justin Wolfers: 'Innovation Takes A Back Seat To Political Favoritism'

Billionaire entrepreneur and popular television personality, Mark Cuban, was among the few voices that strongly backed Ripple Labs and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) during their years-long legal struggle with the SEC.
What happened: In an X post from July 2023, Cuban criticized the agency's handling of the lawsuit, specifically their assertion that every buyer of XRP is an investor.
"Securities have one purpose, to be a security. For a DeFi or CEX&nbsp; buyer it&#8217;s impossible to know why a buyer buys," the "Shark Tank" host argued.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">They also refer to every buyer as an investor in their filing. That&#39;s not the case and Ripple made that clear. Securities have one purpose, to be a security. For a DeFi or CEX buyer it&#39;s impossible to know why a buyer buys. But it is possible to look at the Blockchain and see…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1682578801069527042?ref_src=twsrc%5Etfw">July 22, 2023</a></blockquote>
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Cuban's remarks <a href="https://www.benzinga.com/markets/cryptocurrency/23/07/33219187/major-victory-for-ripple-xrp-sales-not-classified-as-investment-contracts-judge-rules">came after a U.S. judge ruled</a> that sales of XRP to retail clients are legal, while sales to institutional investors violated securities laws. The SEC alleged that XRP is a security and that all sales constitute a violation.&nbsp;
The court applied the <a href="https://www.benzinga.com/markets/cryptocurrency/22/09/28870057/howey-test-is-it-a-cryptocurrency-or-digital-security">Howey Test,</a> a standard used to determine whether certain transactions qualify as &#8220;investment contracts.&#8221;
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46437542/are-you-up-on-your-bitcoin-eth-xrp-holdings-take-out-enough-prominent-whale-cautions">Are You Up On Your Bitcoin, ETH, XRP Holdings? &#8216;Take Out Enough,&#8217; Prominent Whale Cautions</a>
Fast forward to July 2025, and things look all but settled. Both Ripple and the SEC have<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46166894/xrp-gains-9-in-7-days-as-sec-case-nears-closure"> agreed to drop their respective appeals</a>, effectively bringing the years-long legal battle to an end.
The SEC's U-turn coincided with the election of President Donald Trump, who <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46433854/trumps-happy-crypto-week-gets-off-to-rocky-start-as-house-suspends-votes-on-key-bills">has pledged support</a> to the cryptocurrency industry and vowed to make the U.S. the global leader in digital assets.
Additionally, when Cuban made the post, XRP was trading at $0.7724 apiece. Since then, it has rallied an astounding 281.9%. This means that if you had invested $1000 in XRP while ignoring legal uncertainties, it would be worth $3,819.26 today.
Cuban has championed a clear regulatory framework for cryptocurrency, arguing that the lack of defined rules harms businesses and investors. He was <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41205634/mark-cuban-slams-gary-gensler-for-making-crypto-regulations-so-difficult-if-he-had-">particularly critical</a> of former SEC Chair Gary Gensler for making overly complex regulations that hindered the industry&#8217;s growth.
Price Action:&nbsp; At the time of writing, XRP was exchanging hands at $2.95, up 2.61% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin has rallied over 25%.&nbsp;
Photo Courtesy: Kathy Hutchins On Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46412005/mark-cuban-refers-to-zohran-mamdani-as-trump-101-drawing-parallels-between-their-election-campaigns-this-guy-is-telling-me-hes-going-to-walk-on-water">Mark Cuban Refers To Zohran Mamdani As &#8216;Trump 101,&#8217; Drawing Parallels Between Their Election Campaigns: &#8216;This Guy Is…Telling Me He&#8217;s Going To Walk On Water&#8217;</a></li>
</ul>

$XRP

Mark Cuban Once Defended Ripple And XRP: Today, The Legal Drama With SEC Is All But Settled, And The Coin Is Sitting On 295% Gains

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX CEO Elon Musk once explained how he turns bold ideas into reality, even when starting with little to no funding.
What Happened: In a 2014 conversation with Vanity Fair, Musk took questions from the audience during a live event. One attendee asked how he comes up with his "crazy ideas" and how he plans to bring them to life, in cases where there are limited financial resources.
Musk responded by pointing to the power of intellectual capital. "The great thing about software or anything which just involves intellectual capital&#8230; is that you can just do it," he said.
"That's why doing some sort of internet thing or software thing is great as an initial company to create. That's why Zip2 and PayPal gave me the capital to attempt more capital-intensive activities."
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46435552/larry-ellison-surges-past-mark-zuckerberg-to-become-worlds-second-richest-person-as-oracles-ai-deals-with-openai-us-government-drive-massive-stock-surge">Larry Ellison Surges Past Mark Zuckerberg To Become World&#8217;s Second-Richest Person As Oracle&#8217;s AI Deals With OpenAI, US Government Drive Massive Stock Surge</a>
As for idea generation, Musk explained that he relies on "first principles thinking," a problem-solving approach rooted in physics. Instead of relying on assumptions or analogies, he breaks things down to their fundamental components.
"For example, on rockets, you could reason by analogy and say the rocket's going to cost a certain amount because that's what prior rockets have cost," Musk said. "Or you can say, what is a rocket made of? What are the material constituents? What's the cost per unit mass? That sets the limit for what a rocket can be."
Musk also highlighted the value of cross-industry innovation: "Combining ideas from different industries is really helpful. What do people discover in one industry that can be applied to another?"
"Usually just struggle on a solution," Musk concluded. "You try a bunch of things&#8230; most of them don't work, and occasionally one does."
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.
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Why It's Important: Musk is currently the wealthiest person on Earth with a net worth of $366 billion, according to the Bloomberg Billionaire <a href="https://www.bloomberg.com/billionaires/profiles/elon-r-musk/">Index</a>.
The tech mogul is the CEO of Tesla, the world's most valuable carmaker known for electric vehicles and solar products, and SpaceX, a NASA-contracted rocket firm. He also owns The Boring Company and Neuralink.
Earlier this year, in March, Musk's AI startup xAI also took over his social media platform X, formerly Twitter, through an all-stock deal <a href="https://www.benzinga.com/tech/25/03/44549314/elon-musk-acquires-his-own-social-media-platform-x-through-xai-in-33-billion-deal-says-combined-entity-now-worth-80-billion">valued at $33 billion</a>.
Tesla currently has a market cap of $1.036 trillion, making it the 10th most valuable company in the world. Last year, in December, it was reported that SpaceX's valuation <a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares">climbed to $350 billion</a> following a $1.25 billion insider share purchase agreement between the company and its investors.
Photo Courtesy: Frederic Legrand &#8211; COMEO On Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>. Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46434602/mark-zuckerbergs-meta-poaches-top-openai-researchers-jason-wei-and-hyung-won-chung-for-its-superintelligence-lab-report">Mark Zuckerberg&#8217;s Meta Poaches Top OpenAI Researchers Jason Wei And Hyung Won Chung For Its Superintelligence Lab: Report</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSLA

Elon Musk Once Revealed How He Comes Up With 'Crazy Ideas' — And Gets Them Off The Ground Even When Funding Is Scarce

U.S. stocks moved higher today, with the Dow Jones gaining more than 200 points, or 0.5%, to close at 44,254.78. The Nasdaq added 0.25% to finish at 20,730.49, while the S&amp;P 500 advanced 0.3% to 6,263.70.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Rigetti Computing, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)
Rigetti Computing&#8217;s stock surged 30.12% to close at $16.55, with an intraday high of $16.84 and a low of $13.78. The stock&#8217;s 52-week range is $21.42 to $0.66. The&nbsp;<a href="https://www.benzinga.com/markets/tech/25/07/46441270/whats-going-on-with-rigetti-computing-stock-today-2">quantum computing firm</a>&nbsp;announced a significant breakthrough, achieving a 99.5% median fidelity rate for two-qubit gates on its 36-qubit modular system, marking a substantial improvement over its previous chip.
Netflix Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)
Netflix&#8217;s stock fell by 0.79% to $1250.31, with a high of $1271 and a low of $1249.82. The stock&#8217;s 52-week high and low are $1341.15 and $588.43, respectively. The streaming giant is gearing up for its <a href="https://www.benzinga.com/trading-ideas/previews/25/07/46453824/netflix-q2-earnings-preview-squid-game-lift-is-clear-but-whats-the-next-blockbuster">second-quarter earnings report</a> on Thursday, focusing on upcoming content and future growth prospects.
Johnson &amp; Johnson&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>)
Johnson &amp; Johnson&#8217;s stock rose 6.19% to $164.78, reaching an intraday high of $166.12 and a low of $154.8. The 52-week range is $169.99 to $140.68. The company reported <a href="https://www.benzinga.com/markets/earnings/25/07/46440395/johnson-johnson-lifts-annual-forecast-after-strong-cancer-drugs-medtech-performance">strong quarterly earnings</a>, with adjusted earnings per share of $2.77, surpassing analyst expectations and boosting its annual forecast. The 2025 adjusted EPS forecast was raised to $10.80-$10.90 range.
United Airlines Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)
United Airlines&#8217; stock increased by 2.42% to $88.47, with a high of $88.67 and a low of $85.81. The stock&#8217;s 52-week high and low are $116 and $37.02, respectively. Despite missing revenue estimates in the second quarter, the airline exceeded earnings expectations, reporting <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46455550/united-airlines-q2-earnings-revenue-miss-eps-beat-lowered-fy25-guidance-despite-positive-shift-in-demand-in-early-july">positive demand shifts</a> in early July. Revenue for the period came in at $15.27 billion, missing the consensus estimate of $15.35 billion.
ASML Holding NV&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>)
ASML&#8217;s stock dropped 8.33% to $754.45, with an intraday high of $760.90 and a low of $730.60. The 52-week range is $979.99 to $578.51. The semiconductor firm expressed <a href="https://www.benzinga.com/markets/equities/25/07/46438500/asml-stock-plunges-nearly-8-in-wednesday-pre-market-whats-going-on">concerns over its 2026 growth</a>, citing geopolitical and macroeconomic challenges, including potential tariffs impacting margins.
Benzinga's Edge Stock Rankings indicate Rigetti Computing has positive Short, Medium And Long Price Trends. Here is <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how the stock is performing</a> on other indicators.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="442" height="285" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215034/Screenshot-2025-07-17-at-10.50.21.png" alt="" class="wp-image-988750" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215034/Screenshot-2025-07-17-at-10.50.21.png 442w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16215034/Screenshot-2025-07-17-at-10.50.21-300x193.png 300w" sizes="(max-width: 442px) 100vw, 442px" /></a></figure>
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Photo Courtesy: vectorfusionart on Shutterstock.com
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/25/07/46458290/cathie-woods-ethereum-double-down-ark-bets-7-9-million-on-eth-staking-etf-buy-while-selling-coinbase-at-highs">Cathie Wood&#8217;s Ethereum Double-Down: Ark Bets $7.9 Million On ETH-Staking ETF Buy While Selling Coinbase At Highs</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>

ASML

NFLX

RGTI

Rigetti Computing, Netflix, Johnson & Johnson, United Airlines And ASML: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, Cathie Wood-led Ark Invest executed significant trades, including substantial purchases in Tempus AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>), NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), 3iQ Ether Staking ETF (ETHQ.U) and Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).
The Tempus AI Trade saw ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) and ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>) funds acquiring a total of 158,051 shares of the health technology company. This move comes on the heels of Tempus AI&#8217;s announcement of <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46444673/tempus-ai-stock-is-rising-wednesday-whats-happening">receiving 510(k) clearance</a> from the Food and Drug Administration for its ECG-Low EF software, which utilizes AI to detect potential left ventricular ejection fraction issues. 
This regulatory milestone has propelled Tempus AI&#8217;s stock. The shares ended the day 7.3% higher at $59.97. The total value of the TEM shares bought by Ark on this day amounts to $9.5 million.
The Nvidia Trade involved the ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) fund purchasing 11,021 shares of the Jensen Huang-led company. This acquisition aligns with recent developments where NVIDIA&#8217;s stock surged following news of potential U.S. government licenses allowing the <a href="https://www.benzinga.com/etfs/sector-etfs/25/07/46423852/nvidias-china-chip-deal-signals-new-tailwind-for-chip-and-ai-etfs">sale of high-powered AI chips</a> to China. This move could restore billions in revenue for NVIDIA, as the company looks to capitalize on renewed opportunities in the Chinese market. Notably, on Tuesday, Wood <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/07/46433784/cathie-wood-doubles-down-on-tesla-despite-leadership-exodus-dumps-22-million-of-crypto-stocks-amid-bitcoin-buzz">acquired</a> 2,999 Nvidia shares for $511,929.
On Wednesday, Nvidia stock closed nearly 0.4% higher at $171.37. Ark&#8217;s total purchase amounted to $1.9 million.
The 3iQ Ether Staking ETF Trade saw both Ark Fintech Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#BATS">ARKF</a>) and ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>) funds purchasing a combined 600,000 shares of ETHQ.U shares, an ETF incorporated in Canada that invests long-term in the second-largest cryptocurrency, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). This move aligns with Cathie Wood&#8216;s ongoing <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46385019/cathie-wood-praises-ethereum-foundations-plans-to-boost-scalability-and-privacy-trader-hits-back-with-please-dont-shill-it-if-you-dont-use-it">support for Ethereum&#8217;s potential</a> in transforming the financial services industry.
ETHQ.U shares closed at $13.24 on Wednesday, putting the value of Ark&#8217;s trades at $7.9 million.
The Coinbase Trade: Ark Invest&#8217;s decision to sell 9,555 shares of the cryptocurrency-trading platform from its ARKW ETF comes as the stock hit a new 52-week high. This surge was fueled by a <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46448405/why-coinbase-global-stock-hit-a-new-52-week-high-today">pivotal announcement</a> from President Donald Trump, who said he had secured the necessary votes to advance the GENIUS Act. Additionally, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reached a new all-time high, further boosting investor sentiment. The closing price for Coinbase on Wednesday was $398.20, valuing the Ark transaction at $3.8 million. 
Other Key Trades:
<ul class="wp-block-list">
<li>Roku Inc (ROKU): Sold 248,18 shares by ARKF and 166,354 shares by ARKK.</li>
<li>Guardant Health Inc (GH): Sold 21,712 shares by ARKG.</li>
<li>Rocket Lab USA Inc (RKLB): Sold 57,567 shares by ARKX.</li>
</ul>
Benzinga&#8217;s Edge Stock Rankings show Tempus AI has Momentum in the 92nd percentile but Value in the 15th percentile. Here is <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how the stock ranks</a> on other metrics.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="442" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16212438/Screenshot-2025-07-17-at-10.24.25.png" alt="" class="wp-image-988715" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16212438/Screenshot-2025-07-17-at-10.24.25.png 442w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16212438/Screenshot-2025-07-17-at-10.24.25-300x191.png 300w" sizes="(max-width: 442px) 100vw, 442px" /></a></figure>
Photo Courtesy: Ira Lichi On Shutterstock.com
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<li><a href="https://www.benzinga.com/markets/25/07/46455270/trumps-100-tariff-threat-on-almost-nothing-trade-with-russia-a-prescription-for-how-to-sound-tough-b">Trump&#8217;s &#8216;100% Tariff&#8217; Threat On &#8216;Almost Nothing&#8217; Trade With Russia A Prescription For &#8216;How To Sound Tough But Do Nothing,&#8217; Says Economist</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>

ETFs

ARKF

ARKG

ARKK

ARKW

ARKX

COIN

Cathie Wood's Ethereum Double-Down: Ark Bets $7.9 Million On ETH-Staking ETF Buy While Selling Coinbase At Highs

President Donald Trump announced on Wednesday that he successfully convinced Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) to use real cane sugar in its U.S. products.
What Happened: In a post on Truth Social, Trump stated, &#8220;I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so. I'd like to thank all of those in authority at Coca-Cola. This will be a very good move by them — You'll see. It's just better!&#8221;
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="611" height="240" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16202405/Screenshot-2025-07-17-at-9.23.50.png" alt="" class="wp-image-988667" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16202405/Screenshot-2025-07-17-at-9.23.50.png 611w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16202405/Screenshot-2025-07-17-at-9.23.50-300x118.png 300w" sizes="(max-width: 611px) 100vw, 611px" /></figure>
See Also: <a href="https://benzinga.com/news/politics/25/07/46407980/chuck-schumer-says-trump-threw-a-fit-when-he-demanded-probe-into-secretary-kristi-noems-fema-staff-" target="_blank" rel="noreferrer noopener">Chuck Schumer Says &#8216;Trump Threw A Fit&#8217; When He Demanded Probe Into Secretary Kristi Noem&#8217;s FEMA Staff Cut Impact On Texas Flood Relief</a>
Trump&#8217;s announcement comes amid ongoing discussions about the health impacts of certain chemicals in everyday products.
Why It Matters:. Secretary of Health and Human Services, Robert Kennedy Jr., has <a href="https://www.benzinga.com/news/24/08/40453139/robert-kennedy-jr-says-if-you-want-to-drink-a-coke-drink-a-mexican-coke-heres-why">expressed concern</a> over the declining health of children, attributing it to harmful chemicals in everyday products. He has touched on the harmful effects of high-fructose corn syrup, which is used to sweeten Coke in the U.S.
&#8220;If you want to drink Coke, drink a Mexican Coke because they don't allow it down there,&#8221; said Kennedy last year.
It&#8217;s also worth noting that the taste of Coca-Cola varies from country to country due to the different sweetener blends used. Many consumers believe that Mexican Coca-Cola, which uses real cane sugar, <a href="http://If you want to drink Coke, drink a Mexican Coke because they don't allow it down there.">tastes better</a> than the American version.
Meanwhile, earlier this year, Coca-Cola warned that Trump&#8217;s tariffs could force it to <a href="https://www.benzinga.com/news/25/02/43759161/coca-cola-warns-trumps-tariffs-could-force-it-to-use-more-plastic-if-aluminium-cans-become-more-expensive-we-can-shift-to-pet">use more plastic</a> if aluminum cans become more expensive. The company stated it could shift to PET.
Price Action: On Wednesday, Coca Cola shares closed 0.1% lower at $69.27, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro.</a>
Benzinga's Edge Stock Rankings indicate Coca Cola checks on the Long Price Trend but falls short over Short and Medium terms. Here is <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how the stock ranks</a> on other parameters.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="440" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16202221/Screenshot-2025-07-17-at-9.22.08.png" alt="" class="wp-image-988663" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16202221/Screenshot-2025-07-17-at-9.22.08.png 440w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/16202221/Screenshot-2025-07-17-at-9.22.08-300x192.png 300w" sizes="(max-width: 440px) 100vw, 440px" /></a></figure>
Photo Courtesy: Miha Creative on Shutterstock.com
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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>

General

Trump Says Coca Cola Has Agreed To Use Real Cane Sugar In Their US Sodas: 'It's Just Better'

Rachel Liverman launched Glowbar in 2019 with a decision to avoid distractions dressed as opportunities. She said no to hosting events in the <a href="https://www.benzinga.com/markets/25/06/45964689/even-the-rich-are-tightening-their-belts-as-summer-rentals-in-the-hamptons-are-down-30">Hamptons</a> and South by Southwest, and turned down early collaborations with outside dermatologists. Those offers were tempting, but she referred to them as "shiny objects" that would have pulled her attention away from building a strong foundation,<a href="https://www.inc.com/annabel-burba/glowbar-became-a-multi-million-dollar-business-by-avoiding-this-1-startup-trap/91205239"> Liverman told Inc</a>.
Glowbar launched with one purpose: consistent, professional <a href="https://www.benzinga.com/markets/asia/25/06/45900464/giant-biogene-bruised-in-a-battle-of-the-skincare-belles">skincare</a> delivered in just 30 minutes. According to the Glowbar<a href="https://glowbar.com/"> website</a>, licensed estheticians treat each client based on their skin goals, with no upselling and no confusing treatment menus. Memberships are $65 a month and include one facial, discounts on products, and access to clinical-grade techniques like LED therapy and dermaplaning.
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This clear structure allowed Glowbar to scale without chaos. From one storefront in Tribeca, the company grew to 20 locations across six states within three years. According to Inc., Glowbar ranked No. 409 on the Inc. 5000 list with a growth rate of 1,087 percent and is projected to bring in $16 million in revenue in 2024.
<h2 class="wp-block-heading">She Waited Six Years to Release a Product</h2>
For years, customers asked when Glowbar would introduce its own skincare products but Liverman waited. She took inventory of her team and resources in 2022 and asked one question: "Do we have the people, the time, and the money?" When the answer aligned across all three, development on the company's first cleanser began, Liverman told Inc.
"As a founder, your instincts will always guide you," Liverman added. "At the beginning, I knew to stay focused and keep my eye on the prize."&nbsp;
Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
Two and a half years later, Glowbar launched its debut product: the Expert Cleanser. According to the website, the $28 formula blends AHAs, PHAs, and white willow bark for gentle exfoliation and a deep, balanced cleanse. Liverman told Inc. that the product sold &#8220;extremely well,&#8221; with members especially enthusiastic about using Glowbar's skincare at home between treatments.
<h2 class="wp-block-heading">Her Business Grew Because She Refused to Rush the Process</h2>
Liverman didn't follow traditional beauty industry models. According to the Glowbar website, she comes from a family of skincare professionals as her grandmother opened the first accredited skincare institute in the U.S., but Glowbar's format is her own. Treatments last less than traditional ones, cost one flat fee, and deliver targeted results without the usual spa pricing or vague promises.
Glowbar estheticians are trained through the company's internal Skinstitute program, which provides certification in customized treatment delivery. According to the website, the membership model offers consistent monthly facials and has been designed to prioritize results, with no upsells or vague promises.
See Also: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
"I've really stayed focused on the business that we set out to build," Liverman told Inc., reflecting on how patience helped her scale Glowbar without losing its identity. "And when I talk to founders, I really try to give that advice: Whatever your business is, stay focused on that, especially in the early days," she added. Liverman described her decision-making process as intentional, weighing resources carefully before expanding the brand's offerings.
According to the Glowbar website, new locations are already planned in Clarendon, Virginia and Long Island City. Liverman continues to lead with the same approach that built the brand: focus, timing, and trust in long-term vision.
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Image: Shutterstock

'Your Instincts Will Always Guide You': How Glowbar's Founder Turned Down Pop-Ups And Built A $16 Million Skincare Empire

ExlService Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXLS#NASDAQ">EXLS</a>) has outperformed the market over the past 5 years by 13.08% on an annualized basis producing an average annual return of 27.02%. Currently, ExlService Hldgs has a market capitalization of $6.79 billion. 
Buying $100 In EXLS: If an investor had bought $100 of EXLS stock 5 years ago, it would be worth $333.31 today based on a price of $41.75 for EXLS at the time of writing.
<h3>ExlService Hldgs's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752709510_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.

Trading Ideas

EXLS

$100 Invested In ExlService Hldgs 5 Years Ago Would Be Worth This Much Today

Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) has outperformed the market over the past 20 years by 2.51% on an annualized basis producing an average annual return of 10.97%. Currently, Marriott International has a market capitalization of $75.35 billion. 
Buying $100 In MAR: If an investor had bought $100 of MAR stock 20 years ago, it would be worth $797.91 today based on a price of $273.63 for MAR at the time of writing.
<h3>Marriott International's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752708611_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.

$100 Invested In Marriott International 20 Years Ago Would Be Worth This Much Today

Gartner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IT#NYSE">IT</a>) has outperformed the market over the past 20 years by 10.75% on an annualized basis producing an average annual return of 19.2%. Currently, Gartner has a market capitalization of $27.98 billion. 
Buying $1000 In IT: If an investor had bought $1000 of IT stock 20 years ago, it would be worth $32,696.04 today based on a price of $363.58 for IT at the time of writing.
<h3>Gartner's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752707710_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.

Here's How Much $1000 Invested In Gartner 20 Years Ago Would Be Worth Today

As tensions linger between the U.S. and China, NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is attempting to regain its foothold in the world's second-largest economy by pushing to deliver more<a href="https://www.benzinga.com/markets/tech/25/07/46421404/nvidias-h20-china-play-cramers-huge-call-ignites-a-15-billion-ai-bonanza"> advanced AI chips. </a>
What To Know: Nvidia CEO Jensen Huang said during a press briefing in Beijing on Wednesday that the company wants to offer more sophisticated chips to China, beyond its current offerings.&nbsp;
He explained that the technology landscape is constantly evolving, and Nvidia expects to bring more advanced products to China over time, as regulations permit.
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"I hope to get more advanced chips into China than the H20," Huang said "And the reason for that is because technology is always moving on &#8230; today Hopper's terrific but some years from now we will have more and more and better and better technology, and I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time as well."&nbsp;
The CEO's comments come <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46413630/chinese-stocks-see-broad-rally-as-us-eases-chip-curbs">after a ban </a>on H20 chip exports was lifted and Nvidia announced that it will resume sales of these chips to China. 
The H20 is a specially designed, less advanced chip to comply with U.S. export rules that limit certain technologies from being sent to China.
The temporary ban on H20 sale<a href="https://www.benzinga.com/markets/tech/25/07/46436493/nvidias-china-revenue-is-far-from-gone-but-it-outmaneuvered-us-for-rare-earth-in-exchange-for-ai-chips-says-craig-shapiro">s earlier in the year </a>hit Nvidia hard and resulted in a $4.5 billion charge for unsold H20 inventory and $2.5 billion in lost first-quarter revenue.&nbsp;
The company projected an $8 billion hit for the second quarter as a consequence of the export restrictions.
Huang has balanced his support for initiatives to bring chip production back to the U.S. with appeals to soften restrictions on trade with China.&nbsp;
He has argued that, with China's AI market potentially reaching $50 billion within a few years, the loss of the Chinese market would be a major setback for American tech firms.&nbsp;
He also noted that if U.S. companies are shut out, Chinese competitors such as Huawei could dominate the local market.
"Export control are things that are outside of our control and they can be quite disruptive to our business. It is our job only to inform the governments of the nature and the unintended consequences of the policies that they make," Huang said during his current visit to Beijing.
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Large Cap

Global

Movers

Nvidia Reloads China — Jensen's Pitch: Let Me Sell The Good Stuff

President Donald Trump recently passed the so-called "Big Beautiful Bill" with the help of the House and Senate. Some high-earners discussed how the bill will affect their children due to the <a href="https://www.reddit.com/r/HENRYfinance/comments/1ltuvrd/americas_increasing_debt_and_your_next_steps/">rising government debt</a>.&nbsp;
Increases in the government debt have become a common trend across party lines. The debt ceiling is regularly raised, and that can create challenges for future generations. However, the high earners didn't debate whether the bill was justified or not. Instead, they focused on adjusting their plans for rising debt.
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"This is NOT a political statement," the original poster stated.
These are some of the ways you can navigate a rising federal debt.
<h2 class="wp-block-heading">Invest In Cryptocurrencies</h2>
Rising debt isn't an exclusive problem for the U.S. Most countries boost government spending to cover various initiatives, and that results in sky-high debt. Cryptocurrencies aren't vulnerable to those risks since they are decentralized. A central bank cannot increase the supply of a cryptocurrency.
Some cryptocurrencies have a limited supply, while others require a community vote to apply actions like increasing the supply. Bitcoin is capped at 21 million coins, and this limitation bears a resemblance to physical gold.&nbsp;
Cryptocurrencies have the potential to hedge against inflation. If governments continue to get deeper into debt, assets like cryptocurrencies can continue to thrive.
Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
<h2 class="wp-block-heading">International Diversification</h2>
One Redditor suggested diversifying into international stocks and ETFs. These assets shield investors from uncertainty with U.S. stocks. While U.S. stocks have outperformed global stocks in recent years, tariff concerns at the start of the year demonstrated how beneficial it is to have international exposure.
Many European stocks performed well during the initial tariff onslaught, while U.S. stocks went into sharp corrections. One Redditor mentioned that the real return of U.S. markets may be lower if you account for inflation and international currency devaluation.
The same Redditor who brought up international ETFs also encouraged people to sell their representative and vote in primaries. "People in this sub have more sway than they think. Congress doesn't care about debt because voters don't care about it," the Redditor explained.
See Also: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
<h2 class="wp-block-heading">Don't Worry About It</h2>
This isn't the first time the country has increased the debt ceiling, and it likely won't be the last. Rampant government spending has been a core theme for decades, and one Redditor said that people shouldn't worry about the Big Beautiful Bill's impact on debt.
"Buy assets. It doesn't matter what happens with the actual currency if you own value-producing assets," one Redditor explained.
Another Redditor mentioned that people get worried about rising debt but don't give as much thought to their own finances. It's similar to someone being worried about a rising government debt while owing $10,000 on their credit card.
"I think people over-worry about the U.S.'s ability to stay solvent and under-worry about their own ability to stay solvent in the event of a market downturn," another Redditor chimed in.
Focusing on what you can control can position you and your family for a better financial future. Don't blame the government for any financial shortcomings.
Read Next: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
Image: Shutterstock

Personal Finance

High Earners Discuss How To Help Children Navigate Rising Government Debt: 'This Is NOT A Political Statement'

Curtiss-Wright (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CW#NYSE">CW</a>) has outperformed the market over the past 5 years by 25.6% on an annualized basis producing an average annual return of 39.55%. Currently, Curtiss-Wright has a market capitalization of $18.16 billion. 
Buying $1000 In CW: If an investor had bought $1000 of CW stock 5 years ago, it would be worth $5,393.37 today based on a price of $481.79 for CW at the time of writing.
<h3>Curtiss-Wright's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752706814_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.

Here's How Much $1000 Invested In Curtiss-Wright 5 Years Ago Would Be Worth Today

Sen. Elizabeth Warren (D-Mass.) is <a href="https://www.benzinga.com/markets/tech/25/07/46312391/elizabeth-warren-asks-is-this-bribery-accuses-trump-of-a-secret-side-deal-for-millions-in-paramount-settlement">raising the stakes</a> after accusing Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) of potential bribery in its settlement with President Donald Trump.
Here's who the senator believes could be bribing the president for favorable outcomes.
What Happened: Several public companies <a href="https://www.benzinga.com/news/politics/25/06/45934225/big-tech-companies-helped-fund-trumps-inauguration-now-they-could-be-funding-his-military-birthday-parade">helped fund Donald Trump's inauguration</a> and also a military parade on July 4. Some of those companies may have done so to settle past bad relations with Trump or to encourage favorable outcomes moving forward.
Warren believes companies are now donating money to Trump's future presidential library to seek favorable outcomes.
Warren's <a href="https://www.warren.senate.gov/imo/media/doc/warren_-_presidential_libraries_report.pdf">report </a>questions the donations as "bribery in plain sight?"
The senator said over $63 million has been donated to the future presidential library from companies, according to a <a href="https://www.huffpost.com/entry/elizabeth-warran-donald-trump-presidential-library-bribery_n_68766871e4b0eefef0c4f890?vp">report </a>from HuffPost. Donations from special interest groups bring the total of donations to over $500 million, according to the report.
"The timing of these donations — coming while Trump sits in office and makes critical decisions that may impact the same donors — raises serious ethical concerns about potential bribery and influence-peddling," Warren said.
Here are companies named in Warren's report and a look at why the donations could be questionable according to the senator:
Paramount Global: Donating $16 million to presidential library as part of settlement from the "60 Minutes" lawsuit. Donation could be made to help complete the company's merger with Skydance, which requires approval from the Trump administration.
Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): Donating $22 million to presidential library. Donation comes after Trump previously sued the social media company for having his Facebook and Instagram accounts banned. Meta CEO Mark Zuckerberg also donated $1 million to Trump's inauguration and attended the ceremony.
ABC News, a unit of Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>): Donating $15 million to the presidential library, which comes as the company settled a defamation suit with Trump. ABC News settled in 2024 after Trump had won the 2025 election.
X: Donating $10 million to the presidential library. The company owned by Elon Musk similarly banned Trump from its platform and reinstated him and settled a lawsuit over the ban. Musk and Trump had a strong relationship until a recent falling out. Musk's companies X, Tesla and SpaceX have federal contracts and could be impacted by the Trump administration for current and future contract awards.
Qatari Government: Donating $400 million jet to Trump that will later be transferred to Trump's presidential library. The donation could be seen as a potential move to land favorable deals and relationships between the two countries.
Instant Pot: Donating proceeds from Trump-themed "45/47 Collaboration" to the future presidential library.
Lenox Corporation: Donating proceeds from Trump-themed products to future presidential library. Company sells tableware and collectibles and has future plans for a line of porcelain dinnerware with Trump's face.
Soho Apparel Group: Donating proceeds to future presidential library. Apparel supplier has plans for launching Trump-inspired merchandise.
"We could be seeing giant companies like Paramount and Meta and foreign countries like Qatar pay Trump off in plain sight. Government should work for the American people, not just whichever giant company or foreign government can dump the most money into the president's future library," Warren added.
Money raised from dinners hosted by Trump at Mar-a-Lago, attended by business leaders, is also going toward his future presidential library.
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What's Next: Warren's report is meant to raise concerns about the ethics surrounding the donations. The report said that leftover funds from Trump's inauguration fund are also expected to be sent to his library fund.
With Warren's report, the senator and a group of Democrats in Congress are now pushing the Presidential Library Anti-Corruption Act of 2025, as reported by Variety.
"This boils down to a simple question: Who does the government work for? We believe it works for the American people, not ‘foreign nationals' or multibillion-dollar corporations that donate millions of dollars to a president's library," Warren told reporters Wednesday.
With the backing of only Democratic members of Congress, the bill could struggle to gain traction in the Republican-controlled Congress, which has mostly shown loyalty to Trump.
"Presidential libraries should be monuments to history, not backdoor vehicles for influence," the sponsors of the bill said.
While there are laws around donations to presidential campaigns or inaugural committees, there are not currently restrictions on donations to presidential libraries, the lawmakers said. This means presidents can try to win over donations and use them through their library fund without restriction, according to the report.
Under the terms of the Presidential Library Anti-Corruption Act, presidents would not be able to fundraise for their library outside of donations from nonprofits until they leave office. The bill would also require quarterly disclosures of donations of $200 or more made while a president is in office and for up to five years after leaving.
Read Next: 
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</ul>
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<a href="https://www.benzinga.com/news/sports/25/07/46375547/bill-ackman-jeered-for-tennis-match-by-former-champions-the-biggest-joke-ive-ever-watched">Wimbledon just wrapped up</a>, and while two champions claimed titles and trophies, their real wins—or losses—depend on where they call home.&nbsp;
<a href="https://www.cbssports.com/tennis/news/2025-wimbledon-prize-money-payouts-jannik-sinner-iga-swiatek-earn-more-than-4-million-for-wins-in-london/">Jannik Sinner and Iga Świątek each earned $4 million</a> for their victories in the singles finals, part of the tournament's record-breaking $72.6 million prize pool. But not all players will take home the same amount. Thanks to his residency in Monaco, Sinner will likely keep nearly $2.5 million after taxes—significantly more than most of his peers.
That's because the U.K. <a href="https://www.forbes.com/sites/tylerroush/2025/07/13/jannik-sinner-wins-wimbledons-4-million-prize-but-taxes-will-cut-that-in-half-heres-why/">taxes foreign athletes heavily</a>—up to 45% of their earnings, including a portion of any sponsorship tied to performance at the event. For most international players, the financial hit doesn't stop there. Świątek, for instance, will also pay Polish taxes on top of what she owes the U.K., which could reduce her take-home to around $2.3 million. American runner-up Amanda Anisimova could see her $2 million prize slashed by federal, state, and self-employment taxes, potentially cutting her earnings in half.
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Sinner, on the other hand, benefits from living in Monaco, where residents pay no personal income tax. He's not alone. Novak Djokovic, Daniil Medvedev, Stefanos Tsitsipas, and several top Formula 1 drivers have all made Monaco their home for the same reason: what you win, you mostly keep.
But the <a href="https://www.benzinga.com/personal-finance/24/08/40429893/thinking-of-retiring-abroad-heres-the-expense-most-americans-regret-when-they-move">tax angle only tells part of the story</a>.
Beyond the financial benefits, Monaco offers something else elite athletes crave—focus. With world-class training facilities, a warm, stable climate, and a private, secure atmosphere, Monaco has become a performance haven for top-tier talent. For Sinner, who's been based there for six years, it's more than just a tax shelter. It's a system that works. Compared to Italy's more bureaucratic and often slower-moving infrastructure, Monaco provides a streamlined environment where he can prioritize training, recovery, and competition without distraction.
That quality of life matters. Rising stars often face burnout, injuries, and public pressure. In Monaco, Sinner has found a degree of insulation. Fewer media distractions, faster access to care, and a community built for high-performing individuals—all contribute to keeping him at his peak.
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Still, the decision to live outside Italy hasn't gone unnoticed back home.
In late 2024, Italy's minister of sport and youth, Andrea Abodi, weighed in on Sinner's residency in Monaco during an interview with Radio1, just before the Davis Cup final where Sinner was set to represent Italy against the Netherlands. As <a href="http://tuttosport.com/">reported by Tuttosport.com</a>, Abodi said he would prefer to see Sinner pay taxes in Italy but acknowledged that he's well within his legal rights. Because Sinner spends over 10 months of the year abroad, he qualifies to be taxed in the country where he resides most—Monaco.
While some may criticize the move, others argue that Italy should look inward. Instead of lamenting lost tax revenue, perhaps the focus should shift to building an environment that supports and retains talent. That means investing in training infrastructure, cutting red tape, and making it easier—not harder—for athletes to thrive at home.
Sinner's Wimbledon victory is a national milestone. And while Italy may not see a share of his earnings, it doesn't diminish what he represents: talent, discipline, and global success. Monaco may have helped him keep more of his prize money, but it's Italy that shaped the player who earned it.
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Win $4 Million at Wimbledon, Lose $1.7 Million to Taxes—Unless You Live in Monaco

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