On a recent episode of&nbsp;Kerry Lutz's Financial Survival Network,&nbsp;Peter Schiff&nbsp;highlighted the potential for an impending dollar crisis. Schiff emphasized that the rising gold prices are&nbsp;a signal of systemic dollar&nbsp;weakness.



<h2 class="wp-block-heading">Financial Reform Delays Have Worsened The Situation</h2>



Schiff explained during the <a href="https://www.youtube.com/watch?v=jViB4qkogOc">interview</a> that years of delaying financial reforms have worsened the situation, making a significant rise in gold prices likely. He suggested that gold could reach $20,000 due to excessive money printing, indicating a looming financial crisis.



"At a minimum now, probably we're looking at $20,000 gold because of all of the money that has been printed and all the money that's going to be printed, which is why people have to look at what's happening and protect themselves," Schiff said.



<h2 class="wp-block-heading">Fed's Policy Poses Risks To Savers</h2>



According to Schiff, central bankers have historically used gold as a measure of monetary policy. He questioned what current high gold prices indicate about the Federal Reserve&#8217;s policies, suggesting that the Fed&#8217;s loose policy poses risks to savers.



"The Chinese economy is actually strengthening quite a bit as they're trading less with America and more with the rest of the world. This decoupling is happening alongside the de-dollarization."



Schiff warned that holding cash or investing in tech and cryptocurrency could be risky, as inflation erodes purchasing power. He noted that the U.S. is losing its global economic advantages, with a shift towards alternative trading relationships and de-dollarization.



See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/08/47067924/stablecoins-are-quietly-exploding-the-dollar-the-inflation-secret-wall-street-doesnt-want-" target="_blank" rel="noreferrer noopener">Stablecoins Are Quietly Exploding the Dollar &#8211; The Inflation Secret Wall Street Doesn&#8217;t Want You To Know</a>



He advised strategic investment positioning rather than panic trading, comparing&nbsp;the situation to a poker&nbsp;game where patient players will ultimately succeed.



<h2 class="wp-block-heading">Changpeng Zhao Differs</h2>



Recently,&nbsp;Changpeng Zhao, founder of&nbsp;Binance (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), reignited this debate by challenging Schiff&#8217;s <a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48386885/changpeng-zhao-challenges-peter-schiff-gold-wont-go-to-zero-but-bitcoin-is-better">tokenized gold project</a>, calling it a &#8220;trust-me-bro&#8221; asset. Zhao argues that while gold won&#8217;t go to zero, Bitcoin offers better potential, highlighting the ongoing clash between traditional and digital assets.



In addition, Schiff&#8217;s warnings about a &#8220;brutal&#8221; Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) bear market come as gold prices have surged significantly, with the precious metal crossing $4,000. Schiff has <a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48260220/this-bitcoin-bear-market-will-be-brutal-peter-schiff-claims-as-gold-hits-4290">urged Bitcoin holders</a> to consider selling their holdings for gold to avoid further losses.



Moreover, the unusual rise in gold prices, which have increased 56% year-to-date, has <a href="https://www.benzinga.com/markets/commodities/25/10/47987041/golds-parabolic-surge-very-unusual-says-popular-crypto-trader-peter-schiff-says-precious-metal-could-hit-20000">caught the attention</a> of analysts like Michaël van de Poppe. He predicts a potential correction, emphasizing the atypical nature of this surge.



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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Cryptocurrency

News

Commodities

Markets

Personal Finance

$BNB

$BTC

Peter Schiff Warns Of Imminent Dollar Crisis As Gold Prices Surge: 'We're Looking At $20,000 Gold' At Minimum

President Donald Trump escalated tensions with Canada, announcing a 10% tariff increase on Canadian goods after a television ad from Ontario used a rearranged version of Ronald Reagan's 1987 speech, which denounced tariffs.



<h2 class="wp-block-heading">Trump Accuses Ontario of &#8216;Fraud&#8217; Over Reagan Ad</h2>



On Saturday, Trump accused the Canadian province of "fraud" for what he called a deceptive use of Reagan's words, even though the audio in the ad was authentic.&nbsp;



"The sole purpose of this FRAUD was Canada's hope that the United States Supreme Court will come to their ‘rescue' on tariffs," Trump wrote on social media.&nbsp;



"Because of their serious misrepresentation of the facts and hostile act, I am increasing the tariff on Canada by 10% over and above what they are paying now."



<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/25215246/Screenshot-2025-10-26-at-7.22.19%E2%80%AFAM-886x1024.png" alt="" class="wp-image-1131344" style="width:540px;height:auto"/></figure>



The Ontario <a href="https://www.benzinga.com/markets/macro-economic-events/25/10/48172036/canada-eyes-sectoral-trade-deals-with-us-if-we-dont-do-anything-we-may-lose">government pulled the ad </a>after Trump's criticism, though it aired during Friday's World Series opener between the Toronto Blue Jays and Los Angeles Dodgers, <a href="https://www.nytimes.com/2025/10/25/world/canada/trump-tariffs-reagan-ad.html">reported</a> The New York Times. 



Trump had already suspended trade talks with Canada earlier in the week, calling the ad a "hostile act."



<h2 class="wp-block-heading">Canada Stays Measured As Trade Talks Stall</h2>



Canadian Prime Minister Mark Carney declined to directly address the controversy before departing for the ASEAN summit in Malaysia, but emphasized that discussions between the two nations had been "detailed, constructive."



See Also:&nbsp;<a href="https://www.benzinga.com/news/politics/25/10/48421230/trumps-300-million-white-house-ballroom-could-soon-bear-a-very-familiar-name" target="_blank" rel="noreferrer noopener">Trump's $300 Million White House Ballroom Could Soon Bear A Very Familiar Name</a>



<h2 class="wp-block-heading">Trade Tensions Rise Over Reagan Ad And Tariffs</h2>



Ontario paused a U.S. television ad featuring Ronald Reagan <a href="https://www.benzinga.com/news/politics/25/10/48421309/ontario-to-pause-reagan-tariffs-ad-that-angered-trump-but-only-after-world-series-games">criticizing tariffs after it aired during the first two World Series </a>games. 



On Friday, Premier Doug Ford said the ad aimed to spark dialogue on tariffs' effects on businesses and workers and confirmed it would end to resume trade talks with the U.S.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses. We&#39;ve achieved our goal, having reached U.S. audiences at the highest levels. I&#39;ve directed my team to keep putting our…&mdash; Doug Ford (@fordnation) <a href="https://twitter.com/fordnation/status/1981789712516858293?ref_src=twsrc%5Etfw">October 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



President Trump halted trade negotiations after the Reagan Foundation said the ad misrepresented Reagan's speech, calling it "FAKE" and accusing Canada of imposing unfair tariffs on American farmers.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="541" height="1002" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/26001113/image-654.png" alt="" class="wp-image-1131413" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/26001113/image-654.png 541w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/26001113/image-654-162x300.png 162w" sizes="(max-width: 541px) 100vw, 541px" /></figure>



The Supreme Court was set to hear a case in early November on whether Trump could legally impose broad tariffs without Congress. A ruling against him <a href="https://www.benzinga.com/markets/macro-economic-events/25/10/48295327/trump-warns-supreme-court-tariff-ruling-could-literally-destroy-the-us-well-be-struggling-for-years">could remove up to 70% of the tariffs</a>.



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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock/ IAB Studio

Politics

Global

Trump Hikes Canada Tariffs By 10%, Calls Ontario's Reagan Ad 'FRAUD' In Escalating Trade Dispute

Billionaire and Republican donor Timothy Mellon offered $130 million to help pay U.S. military members during the government shutdown.



<h2 class="wp-block-heading">Major Republican Backer Revealed</h2>



Trump made the anonymous <a href="https://www.benzinga.com/news/24/10/41156605/elon-musks-earlier-independent-status-in-doubt-as-reports-surface-of-donations-to-right-wing-group-t">donation</a> public on Thursday, calling the donor a friend and a &#8220;patriot,&#8221; but he withheld their identity. Sources familiar with the matter have revealed that the donor is Mellon, as <a href="https://www.nytimes.com/2025/10/25/us/politics/timothy-mellon-donation-troops.html">per</a> a New York Times report on Saturday.



Mellon donated millions to Donald Trump&#8216;s presidential campaign&#8217;s <a href="https://www.benzinga.com/news/politics/25/10/48167361/donald-trump-once-spent-nearly-100k-on-full-page-ads-to-tell-america-to-stop-being-laughed-at">Make America Great Again</a> super political action committee (PAC) last year.



Speaking to reporters on Friday, Trump declined to confirm Mellon as the donor, instead describing the person as "a great American citizen" and a "substantial man."



&#8220;He doesn&#8217;t want publicity,&#8221; the U.S. president said, according to the report. &#8220;He prefer that his name not be mentioned which is pretty unusual in the world I come from, and in the world of politics, you want your name mentioned.&#8221;



<h2 class="wp-block-heading">Pentagon Acceptance Raises Legal Questions</h2>



According to The Times, the Pentagon used its &#8220;general gift acceptance authority&#8221; to accept the donation. 



The donation might, however, be in violation of the Antideficiency Act, which forbids federal agencies from using unpaid assistance that Congress has not authorized or from spending more money than is permitted.



Mellon Foundation did not immediately respond to Benzinga&#8217;s request for a comment.<a href="https://www.benzinga.com/news/politics/25/10/48422296/trump-hits-sherrill-boosts-ciattarelli-in-new-jersey"></a><a href="https://www.benzinga.com/news/politics/25/10/48422296/trump-hits-sherrill-boosts-ciattarelli-in-new-jersey"></a>



See Also: <a href="https://www.benzinga.com/news/politics/25/10/48422296/trump-hits-sherrill-boosts-ciattarelli-in-new-jersey">Trump Hits Sherrill, Boosts Ciattarelli In New Jersey</a>



<h2 class="wp-block-heading">Mellon Family Wealth And Political Spending</h2>



In 1981, Mellon established Guilford Transportation Industries, a railroad company that is now no longer in operation. His grandfather, Andrew Mellon, who was Treasury secretary from 1921 to 1932, is largely responsible for his wealth.



Forbes named the Mellon family one of America's wealthiest last year, with a combined net worth of more than $14 billion. Timothy Mellon reported his own net worth at about $700 million in 2014. 



The London Times estimated it at roughly $1 billion last year, while a relative told Vanity Fair it was closer to $4.2 billion.



According to the Wall Street Journal, Mellon gave roughly $350,000 to political causes between 1996 and 2018.



During the 2020 election, Mellon's political spending rose to <a href="https://www.benzinga.com/news/24/06/39429763/trump-campaign-received-50m-from-son-of-former-treasury-secretary-day-after-hush-money-conviction-re">$60 million in support of Republican candidates</a>, including $20 million for Trump, according to Forbes.



In the 2024 cycle, <a href="https://www.benzinga.com/news/24/11/41867302/billionaire-heir-timothy-mellons-125m-trump-donation-surpasses-elon-musks-election-contributions-report">Mellon donated $165 million total</a>, according to campaign finance tracker OpenSecrets. This included $25 million to the political action committee <a href="https://www.benzinga.com/news/23/08/33541587/half-of-rfk-jr-s-super-pac-funded-by-gop-mega-donor-critics-label-him-republican-stooge">American Values 2024</a> that supported Robert F. Kennedy Jr.&#8217;s presidential campaign.



<h2 class="wp-block-heading">Shutdown Continues Into Third Week</h2>



Mellon&#8217;s contribution coincides with Trump&#8217;s pledge to pay law enforcement officers, immigration agents, and military personnel even though lawmakers have not approved funding for their salaries. This month, he signed an executive order directing the <a href="https://www.benzinga.com/news/politics/25/10/48142362/military-paychecks-at-risk-as-shutdown-drags-on-troops-could-miss-next-weeks-deposit">Pentagon to pay</a> for troops&#8217; salaries out of some research and development funds.



About 670,000 federal employees have been <a href="https://www.benzinga.com/news/politics/25/10/48092450/furloughed-federal-workers-not-guaranteed-back-pay-after-government-shutdown-says-white-house-points-to-2019-law-signed-by-trump">furloughed</a>, while roughly 730,000 are <a href="https://www.benzinga.com/markets/economic-data/25/10/47973464/government-shutdown-market-impact-investor-what-it-means-fed-economy">working without pay</a>, according to the Bipartisan Policy Center. As the shutdown enters its third week, thousands of government <a href="https://www.benzinga.com/markets/economic-data/25/10/47973464/government-shutdown-market-impact-investor-what-it-means-fed-economy">workers missed their first paycheck</a> this week.



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Photo courtesy: J.J. Gouin via Shutterstock



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Timothy Mellon Donated $130 Million To Fund Troops Amid Shutdown: Report

President Donald Trump expressed frustration over the lack of progress in ending the Russia-Ukraine war, citing stalled negotiations and his previous diplomatic successes as context.



<h2 class="wp-block-heading">Trump Cancels Putin Meeting, Calls Russia-Ukraine Peace Progress &#8216;Disappointing&#8216;</h2>



Trump <a href="https://www.youtube.com/watch?v=9oz63sKp_1g">told</a> reporters aboard Air Force One on Saturday, "I'm not going to be wasting my time. I've always had a very great relationship with Vladimir Putin, but this has been very disappointing.&#8221;



He added,&nbsp;&#8220;I thought this would have gotten done before peace in the Middle East." 



He had planned to meet with Putin in the coming weeks but canceled the meeting, saying it would have been a "waste of time."



<h2 class="wp-block-heading">Azerbaijan-Armenia Success Amid Global Criticism</h2>



Trump emphasized his past success in brokering peace between Azerbaijan and Armenia, noting, "Putin told me on the phone he said, ‘Boy, that was amazing,' because everybody tried to get that done and they couldn't. I got it done."&nbsp;



He also defended recent <a href="https://www.benzinga.com/markets/commodities/25/10/48371213/trump-freezes-out-moscow-full-sanctions-slapped-on-russian-oil-giants-rosneft-and-lukoil-crude-oil-futures-surge">U.S. sanctions on Russian oil companies</a>, saying entrenched hostility between Russia and Ukraine has posed major obstacles to peace. 



Former Russian President Dmitry Medvedev called the sanctions "an act of war against Russia" and accused Trump of aligning with "a mad Europe," <a href="https://thehill.com/policy/international/5573383-trump-disappointed-ukraine-russia/">reported</a> The Hill.



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/10/48364023/galaxy-ceo-mike-novogratz-says-bitcoin-is-one-trump-move-away-from-exploding-past-125000" target="_blank" rel="noreferrer noopener">Galaxy CEO Mike Novogratz Says Bitcoin Is One Trump Move Away From Exploding Past $125,000</a>



<h2 class="wp-block-heading">Trump, Putin And Global Oil Moves Shake Russia-Ukraine Conflict Dynamics</h2>



Earlier this month, Russian President Vladimir Putin <a href="https://www.benzinga.com/news/politics/25/10/48165022/putin-stands-up-for-trumps-nobel-peace-prize-bid-credibility-has-largely-been-lost">voiced support for Trump's Nobel Peace Prize candidacy</a>, criticizing the Nobel committee for not recognizing Trump's peace efforts and questioning its credibility.



Trump also announced that Indian Prime Minister Narendra Modi had agreed to halt <a href="https://www.benzinga.com/markets/asia/25/10/48241995/trump-says-he-wasnt-happy-india-was-buying-russian-oil-and-now-modi-has-agreed-to-stop-doing-it-big-step">India's purchases of Russian crude oil</a>, calling it a "big step" in reducing funding for Russia's war in Ukraine, and suggested China take similar action.



Trump <a href="https://www.benzinga.com/news/politics/25/10/48291276/trump-reportedly-rebuffs-ukraine-missile-appeal-after-putin-call-time-to-stop">declined to supply Ukraine with Tomahawk missiles</a> after a tense White House meeting with Ukrainian President&nbsp;Volodymyr Zelensky, reversing his initial willingness following a call with Putin, who opposed the arms transfer.



Last week, <a href="https://www.benzinga.com/markets/commodities/25/10/48376847/china-slams-trumps-russia-sanctions-kremlin-calls-it-an-act-of-war-as-eu-unveils-new-measures">China opposed U.S. sanctions on Russian oil companies</a> as violations of international law, while the EU imposed its 19th sanctions package on Russia, including a phased LNG import ban and restrictions on diplomats. 



Russia's officials labeled the sanctions "counterproductive" and an "act of war," accusing the U.S. of fully pursuing an anti-Russia agenda.



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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Trump Calls Stalled Russia-Ukraine Peace Talks 'Very Disappointing,' Cites Success In Azerbaijan-Armenia Deal

Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NVDA">NVDA</a>) CEO Jensen Huang is widely cast in tech circles as a genius and a visionary. Yet Huang has said that raw intellect isn't what he prizes most about himself, which is a counterintuitive stance from the architect of the world's most coveted AI chips.



<h2 class="wp-block-heading">Jensen Huang Downplays The Importance Of Intelligence</h2>



Speaking at Caltech's 2024 commencement, Huang told graduates, "Of all of the things that I value most about my abilities, intelligence is not top of that list. My ability to endure pain and suffering, my ability to work on something for a very, very long period of time, my ability to handle setbacks and see the opportunities just around the corner, I consider to be my superpowers. And I hope they&#8217;re yours."



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Caltech&#039;s 130th Commencement Ceremony" width="500" height="281" src="https://www.youtube.com/embed/-qXDdToZHzE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



"I hope you will see setbacks as new opportunities. Your pain and suffering will strengthen your character, your resilience and agility – and they are the ultimate superpowers," he added.



<h2 class="wp-block-heading">Nvidia Was &#8216;Kicked Out&#8217; Of Several Markets</h2>



Huang used Nvidia's own history to underline the point. He recalled periods when the company was "kicked out" of markets and had to search for "zero-billion-dollar" opportunities.



See Also: <a href="https://www.benzinga.com/markets/tech/25/10/48397850/lip-bu-tan-was-really-upset-about-the-balance-sheet-intel-cfo-reveals-plan-for-liquidity-from-trump-nvidia-investments">Lip-Bu Tan Was Really &#8216;Upset&#8217; About The Balance Sheet: Intel CFO Reveals Plan For Liquidity From Trump, Nvidia Investments</a>



"With no more markets to turn to, we decided to build something where we were sure there were no customers," Huang said. "Because one of the things you can definitely guarantee is where there are no customers, there are also no competitors."



<h2 class="wp-block-heading">Resilience Theme Echoes Through Years And Speeches</h2>



The CEO has long framed resilience as existential for Nvidia. In a 2023 <a href="https://www.nytimes.com/events/dealbook-summit-2023/sessions/jensen-huang">interview</a> at The New York Times DealBook Summit, he said, "I don&#8217;t wake up proud and confident. I wake up worried and concerned," describing how near-death moments from the company's early years still shape his mindset.



Huang has <a href="https://www.benzinga.com/startups/24/10/41336357/resilience-matters-in-success-says-nvidia-ceo-jensen-huang-claims-him-having-low-expectations-gives">pushed the theme for decades</a>. Addressing Stanford in 2003, he <a href="https://ecorner.stanford.edu/wp-content/uploads/sites/2/2003/01/1125.pdf">quipped</a>, "My will to survive exceeds almost everybody else&#8217;s will to kill me," a line that has since become shorthand for his tolerance for adversity.



Huang, in a speech at the Stanford Institute for Economic Policy Research, once also <a href="https://www.benzinga.com/tech/25/04/45037445/jensen-huang-once-revealed-his-great-advantage-in-the-lead-up-to-success-at-nvidia-was-having-very-low-expectations">described character</a> as the key differentiator between the merely talented and the truly great.



NVDA continues to score high on Momentum and Quality, but is now doing poorly in terms of Value in&nbsp;Benzinga's Edge Stock Rankings. However, the stock still has a favorable price trend in the short, medium and long terms. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Check here to see how it fares against some of the other key Magnificent 7 stocks</a>. 



<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="155" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24024116/image-618-1024x155.png" alt="" class="wp-image-1129510" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24024116/image-618-1024x155.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24024116/image-618-300x45.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24024116/image-618-768x116.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24024116/image-618.png 1372w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



Photo: jamesonwu1972 from Shutterstock



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</ul>

Tech

NVDA

Jensen Huang Believes He Has 4 Major 'Superpowers' But Doesn't Rate His Intelligence As One Of Them: Here's Why

Retail investors buzzed about five stocks this week, from Oct. 20 to Oct. 24, on platforms like X and Reddit&#8217;s r/WallStreetBets, earnings reports, amid ongoing government shutdown, and AI enthusiasm.



The stocks, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TSLA">TSLA</a>), Beyond Meat Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BYND">BYND</a>), Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/RGTI">RGTI</a>), International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/IBM">IBM</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AMZN">AMZN</a>), spanning automotive, packaged foods, quantum computing, and tech sectors, reflected diverse retail interests.



<h2 class="wp-block-heading">Tesla</h2>



<ul class="wp-block-list">
<li>TSLA was in focus because of its third-quarter earnings this week, while Elon Musk threatened to quit as CEO without his proposed <a href="https://www.benzinga.com/markets/large-cap/25/10/48392311/elon-musks-pay-plan-equals-2000-years-of-nvidia-ceo-salary-not-a-typo">$1 trillion pay package</a>. Earnings call <a href="https://www.benzinga.com/markets/earnings/25/10/48371692/teslas-q3-earnings-divide-analysts-but-dan-ives-says-the-worst-is-in-the-rearview-mirror-for-the-most-undervalued-name-in-ai">updates</a> featured <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/10/48388018/elon-musk-says-teslas-optimus-bot-could-one-day-perform-surgery-calls-it-infinite-money-glitch">Optimus V3</a> demo for the first-quarter 2026, Cybercab volume production for the second-quarter 2026, <a href="https://www.benzinga.com/markets/tech/25/10/48397403/dan-ives-says-tesla-robotaxi-is-biggest-competitive-threat-to-uber-predicts-optimus-robots-would-be-in-peoples-houses-in-2-to-3-years">robotaxi expansion</a> to 8-10 U.S. metros by year-end sans safety drivers in Austin, FSD v14 public rollout, and $9 billion 2025 capex rising for AI/Semi lines. </li>
</ul>



<ul class="wp-block-list">
<li>Skeptical retail investors questioned TSLA's stock price despite weak earnings.</li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="844" height="214" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065250/TSLA-RDDT-1.png" alt="A comment on Tesla on r/wallstreetbets subreddit. " class="wp-image-1129956" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065250/TSLA-RDDT-1.png 844w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065250/TSLA-RDDT-1-300x76.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065250/TSLA-RDDT-1-768x195.png 768w" sizes="(max-width: 844px) 100vw, 844px" /><figcaption class="wp-element-caption">Source: Reddit</figcaption></figure>



<ul class="wp-block-list">
<li>The stock had a 52-week range of $214.25 to $488.54, trading around $447 to $449 per share, as of the publication of this article. It was up 18.38% year-to-date and 72.37% over the year.</li>
</ul>



<ul class="wp-block-list">
<li>Benzinga&#8217;s Edge Stock Rankings showed that the stock had a stronger price trend in the short, medium, and long terms, with a poor value ranking. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here. </a></li>
</ul>



<h2 class="wp-block-heading">Beyond Meat</h2>



<ul class="wp-block-list">
<li>BYND erupted into meme-stock frenzy this week, surging over 1,300% from record lows amid retail hype and <a href="https://www.benzinga.com/trading-ideas/movers/25/10/48368022/beyond-meats-short-squeeze-stage-is-set-but-the-debt-timers-ticking">short-squeeze speculation</a>. It jumped on Tuesday after <a href="https://www.benzinga.com/trading-ideas/movers/25/10/48331801/beyond-meat-stock-is-on-fire-whats-going-on">announcing expanded</a> Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/WMT">WMT</a>) distribution to 2,000+ stores for select products like the new Beyond Burger and Beyond Beef IV, boosting availability and sparking contrarian &#8220;moon&#8221; calls from traders. Volatility <a href="https://www.benzinga.com/markets/equities/25/10/48372401/whats-driving-beyond-meats-11-after-hours-drop">peaked on Wednesday</a>, and it erased gains to close lower. </li>
</ul>



<ul class="wp-block-list">
<li>Retail investors acknowledged losses following a drawdown after the rally in BYND stock.</li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="859" height="175" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065237/BYND-RDDT-1.png" alt="A comment on Beyond Meat on r/wallstreetbets subreddit. " class="wp-image-1129955" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065237/BYND-RDDT-1.png 859w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065237/BYND-RDDT-1-300x61.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065237/BYND-RDDT-1-768x156.png 768w" sizes="(max-width: 859px) 100vw, 859px" /><figcaption class="wp-element-caption">Source: Reddit</figcaption></figure>



<ul class="wp-block-list">
<li>The stock had a 52-week range of $0.50 to $7.69, trading around $2 to $3 per share, as of the publication of this article. It was down 26.23% year-to-date and 55.97% over the year.</li>
</ul>



<ul class="wp-block-list">
<li>The stock had a stronger price trend in the short and medium terms but a weak trend in the long term, with a poor growth ranking, as per Benzinga&#8217;s Edge Stock Rankings. Other performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a></li>
</ul>



See Also: <a href="https://www.benzinga.com/markets/equities/25/10/48292220/tesla-palantir-jpmorgan-and-more-heres-why-investors-couldnt-stop-talking-about-these-stocks-this-week">Tesla, Palantir JPMorgan And More — Here&#8217;s Why Investors Couldn&#8217;t Stop Talking About These Stocks This Week</a>



<h2 class="wp-block-heading">Rigetti Computing</h2>



<ul class="wp-block-list">
<li>RGTI slipped at the beginning of the week following Google&#8217;s Willow chip breakthrough and Reuters&#8217; report that the U.S. is considering <a href="https://www.benzinga.com/trading-ideas/movers/25/10/48365752/rigetti-computing-rgti-stock-is-falling-sharply-whats-going-on">new curbs on exports of technology</a> utilizing U.S. software to China. Momentum shifted Oct. 23 with reports of Donald Trump administration talks for <a href="https://www.benzinga.com/markets/tech/25/10/48371538/trump-administration-reportedly-exploring-taking-stakes-in-quantum-computing-companies-ionq-rigetti-and-d-wave-discussing-move">$10 million equity stakes</a> in quantum firms. However, a Commerce Department official told CNBC that the U.S. government is not in talks with quantum computing companies. But Rigetti told <a href="https://www.cnbc.com/2025/10/23/trump-quantum-stock-stake.html">CNBC</a> in a statement that "We are continuously engaging with the U.S. government on funding opportunities." </li>
</ul>



<ul class="wp-block-list">
<li>Meanwhile, some retail investors were debating whether RGTI was an obvious short after its CEO statement.</li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="847" height="187" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065227/RGTI-RDDT-1.png" alt="A comment on Rigetti Computing on r/wallstreetbets subreddit. " class="wp-image-1129954" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065227/RGTI-RDDT-1.png 847w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065227/RGTI-RDDT-1-300x66.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065227/RGTI-RDDT-1-768x170.png 768w" sizes="(max-width: 847px) 100vw, 847px" /><figcaption class="wp-element-caption">Source: Reddit</figcaption></figure>



<ul class="wp-block-list">
<li>The stock had a 52-week range of $1.06 to $58.15, trading around $39 to $41 per share, as of the publication of this article. It was up 97.98% YTD and 3,199.58% over the year.</li>
</ul>



<ul class="wp-block-list">
<li>According to Benzinga&#8217;s Edge Stock Rankings, it was maintaining a stronger price trend over the short, medium, and long terms. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a></li>
</ul>



<h2 class="wp-block-heading">International Business Machines</h2>



<ul class="wp-block-list">
<li>The speculations about the Trump administration&#8217;s possible stake in quantum firms brought IBM discussions to the fore, as it had an advanced quantum product with a focus on <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45864762/ibm-stock-gains-on-breakthrough-quantum-computing-roadmap">fault-tolerant logical qubits</a>. Popular market commentators Martin Shkreli and Jim Cramer <a href="https://www.benzinga.com/markets/equities/25/10/48397874/martin-shkreli-blasts-trumps-move-to-buy-shares-of-quantum-computing-companies-for-the-us-government-suggests-the-president-should-do-this-instead">supported</a> the idea of taking <a href="https://www.benzinga.com/markets/equities/25/10/48397874/martin-shkreli-blasts-trumps-move-to-buy-shares-of-quantum-computing-companies-for-the-us-government-suggests-the-president-should-do-this-instead">a stake in IBM</a> over RGTI, IONQ, and QBTS. </li>
</ul>



<ul class="wp-block-list">
<li>Investors largely agreed with the view that IBM was a superior choice for an investment.</li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="832" height="202" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065217/IBM-RDDT-1.png" alt="A comment on IBM on r/wallstreetbets subreddit. " class="wp-image-1129952" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065217/IBM-RDDT-1.png 832w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065217/IBM-RDDT-1-300x73.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065217/IBM-RDDT-1-768x186.png 768w" sizes="(max-width: 832px) 100vw, 832px" /><figcaption class="wp-element-caption">Source: Reddit</figcaption></figure>



<ul class="wp-block-list">
<li>The stock had a 52-week range of $203.51 to $301.04, trading around $283 to $285 per share, as of the publication of this article. It was up 29.58% year-to-date but 30.50% higher over the year.</li>
</ul>



<ul class="wp-block-list">
<li>It maintains a stronger price trend over the short, medium, and long terms, with a strong quality score, as per Benzinga&#8217;s Edge Stock Rankings. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a></li>
</ul>



<h2 class="wp-block-heading">Amazon.com</h2>



<ul class="wp-block-list">
<li>Amazon kicked off the week with a <a href="https://www.benzinga.com/markets/tech/25/10/48303171/amazon-web-services-outage-knocks-major-websites-offline-disney-reddit-mcdonalds-app-united-airlines-among-those-hit">major AWS outage</a> stemming from DNS resolution issues in DynamoDB endpoints, disrupting services for thousands of sites. Later internal docs revealed plans to automate 75% of U.S. operations by 2033 via robots like the new Blue Jay system, <a href="https://www.benzinga.com/markets/tech/25/10/48345766/bernie-sanders-slams-jeff-bezos-for-reportedly-replacing-600000-amazon-jobs-with-robots-thats-the-direction-of-every-major-corporation">drawing criticism from</a> Sen. Bernie Sanders on worker impacts while boosting efficiency hype. </li>
</ul>



<ul class="wp-block-list">
<li>Retail investors emphasized decoupling AMZN from its AWS business with the ongoing issues and negative YTD returns.</li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="831" height="186" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065204/AMZN-RDDT-1.png" alt="A comment on Amazon on r/wallstreetbets subreddit. " class="wp-image-1129951" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065204/AMZN-RDDT-1.png 831w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065204/AMZN-RDDT-1-300x67.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24065204/AMZN-RDDT-1-768x172.png 768w" sizes="(max-width: 831px) 100vw, 831px" /><figcaption class="wp-element-caption">Source: Reddit</figcaption></figure>



<ul class="wp-block-list">
<li>The stock had a 52-week range of $161.43 to $242.52, trading around $220 to $222 per share, as of the publication of this article. It was up 0.40% year-to-date and 18.62% over the year.</li>
</ul>



<ul class="wp-block-list">
<li>While this stock had a strong growth ranking, Benzinga&#8217;s Edge Stock Rankings showed that it had a weaker price trend in the short and medium terms but a strong trend in the long term. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here.</a></li>
</ul>



Retail focus blended meme-driven narrative with earnings outlook and corporate news flow, as the S&amp;P 500, Dow Jones, and Nasdaq witnessed positive market action during the week.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/10/48160933/amd-hood-iren-and-more-5-stocks-that-dominated-investor-buzz-this-week" target="_blank" rel="noreferrer noopener">AMD, HOOD, IREN And More: 5 Stocks That Dominated Investor Buzz This Week</a></li>
</ul>



Photo courtesy: Shutterstock

Equities

Market Summary

AMZN

BYND

RGTI

TSLA

TSLA, BYND, IBM And More: 5 Stocks That Dominated Investor Buzz This Week

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.



Markets climbed this week as softer-than-expected inflation figures — September inflation rose 3 % YoY and core inflation eased to 3.0 % — bolstered expectations that the Federal Reserve will cut rates soon. As a result, major indexes hit new all-time highs. Strong earnings from the auto sector also contributed.



Looking ahead, markets will focus on how durable the inflation drop is, whether the Fed confirms a rate cut timeline, and any developments around trade or fiscal policy that could disrupt the bullish run.



Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.







The Bulls



<a href="https://www.benzinga.com/trading-ideas/movers/25/10/48300977/beyond-meat-stock-surges-after-debt-swap-no-bankruptcy-but-tons-of-dilution?utm_source=chatgpt.com">"Beyond Meat stock surges after debt swap: No bankruptcy, but tons of dilution"</a>, by Erica Kollmann, reports that Beyond Meat Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BYND">BYND</a>) rallied more than 24% after swapping nearly $1.15 billion of 2027 zero-coupon convertible notes for $202.5 million of 7% notes due 2030 and issuing about 326 million new shares — eliminating around 97% of the old notes and greatly reducing near-term bankruptcy risk, yet leaving existing shareholders heavily diluted as bondholders now own roughly 81% of the company (potentially up to 88 %).



<a href="https://www.benzinga.com/markets/earnings/25/10/48392820/intel-stock-surges-on-q3-earnings-beat-as-ai-accelerates-demand-for-compute?utm_source=chatgpt.com">"Intel stock surges on Q3 earnings beat as AI accelerates demand for compute"</a>, by Adam Eckert, reports that Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/INTC">INTC</a>) topped Q3 estimates with $13.65 billion in revenue and $0.23 adjusted EPS, while CEO Lip-Bu Tan said "AI is accelerating demand for compute," helping to drive the stock higher.



<a href="https://www.benzinga.com/trading-ideas/movers/25/10/48393960/alphabet-stock-jumps-after-anthropic-expands-use-of-google-cloud-technologies?utm_source=chatgpt.com">"Alphabet stock jumps after Anthropic expands use of Google Cloud technologies"</a>, by Adam Eckert, reports that Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOG">GOOG</a>) shares rose in after-hours trading after startup Anthropic announced plans to significantly expand its use of Google Cloud infrastructure — securing access to more than 1 million of Google's TPU (Tensor Processing Units) chips and over 1 GW of capacity, reinforcing Alphabet's AI &amp; cloud leadership.



For additional bullish calls of the past week, check out the following:



<a href="https://www.benzinga.com/trading-ideas/movers/25/10/48332427/beyond-meat-oklo-and-plug-ride-eps-free-rally-investors-go-wild-for-red-ink">Beyond Meat, Oklo And Plug Ride EPS-Free Rally: Investors Go Wild For Red Ink</a>



<a href="https://www.benzinga.com/markets/earnings/25/10/48393229/deckers-outdoor-q2-beats-estimates-on-top-bottom-lines">Deckers Outdoor Q2 Beats Estimates On Top, Bottom Lines</a>



<a href="https://www.benzinga.com/markets/earnings/25/10/48367719/quantumscape-stock-surges-on-q3-results">QuantumScape Stock Surges On Q3 Results</a>







The Bears



<a href="https://www.benzinga.com/markets/earnings/25/10/48393130/newmont-stock-slides-on-q3-earnings-the-details?utm_source=chatgpt.com">"Newmont stock slides on Q3 earnings: The details"</a>, by Adam Eckert, reports that Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NEM">NEM</a>) beat Q3 expectations with $5.52 billion in revenue and $1.71 EPS — however, production fell 4% to 1.42 million ounces and gold grades declined, and the stock slipped despite strong cash flow due to concerns about future headwinds.



<a href="https://www.benzinga.com/trading-ideas/movers/25/10/48342599/ast-spacemobile-stock-gets-dragged-down-after-hours-heres-why">"AST SpaceMobile stock gets dragged down after-hours — here's why"</a>, by Adam Eckert, reports that AST SpaceMobile Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ASTS">ASTS</a>) shares fell in after-hours trading after the company announced a roughly $500 million convertible note offering due 2032 (plus a 13-day option for an additional $75 million) to fund capped calls and general corporate purposes, while simultaneously initiating a concurrent repurchase of up to $135 million of existing notes — moves that raised fresh dilution and financing-risk concerns among investors.



<a href="https://www.benzinga.com/news/25/10/48356705/clean-energy-stocks-beat-nvidia-under-trump?utm_source=chatgpt.com">"Clean energy stocks beat Nvidia under Trump — despite push to kill renewables"</a>, by Piero Cingari, reports that the Invesco WilderHill Clean Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PBW">PBW</a>) is up 44% year-to-date, outpacing both the VanEck Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SMH">SMH</a>) and NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NVDA">NVDA</a>), even as the Trump administration seeks to roll back clean-energy tax credits and halt solar and wind projects on federal land.



For more bearish takes, be sure to see these posts:



<a href="https://www.benzinga.com/trading-ideas/movers/25/10/48307091/applovin-stock-is-sliding-to-start-the-week-whats-going-on">AppLovin Stock Is Sliding To Start The Week: What's Going On?</a>



<a href="https://www.benzinga.com/markets/market-summary/25/10/48362104/wednesday-markets-wall-street-today-netflix-trump-china-tech-export-curbs-earnings-gold-bitcoin">Tech Stocks Drop, Netflix Sinks 10% On Worst Day Since 2022: What's Moving Markets Wednesday?</a>



<a href="https://www.benzinga.com/markets/commodities/25/10/48315585/donald-trump-drill-baby-drill-energy-oil-gas-renewables-crude-prices-today-xle-etf">Trump's ‘Drill Baby Drill' Plan Just Backfired — Oil Stocks Haven't Been This Cheap In Years</a>







Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.



Image created using artificial intelligence via Midjourney.

ASTS

DECK

GOOG

GOOGL

INTC

NFLX

OKLO

PLUG

Benzinga Bulls And Bears: Beyond Meat, Intel, Newmont — And Inflation Numbers Boost Rate Cut Hopes

There was a whirlwind of activity in the cryptocurrency world this week. From optimistic predictions by Coinbase Global Inc. CEO Brian Armstrong to Cathie Wood&#8217;s backing of a major Ethereum holder, the crypto market was abuzz with news.



Meanwhile, Melania Trump and Argentina&#8217;s Javier Milei were cleared of allegations of meme coin fraud, and Bitcoin continued to make headlines.



<h2 class="wp-block-heading">Coinbase CEO Sees Bright Future For Crypto Legislation</h2>



Brian Armstrong, CEO of Coinbase Global Inc., expressed his confidence in the future of cryptocurrency regulations in the U.S. Despite the government shutdown, Armstrong believes that the momentum for market structure legislation is at an all-time high. He stated that both Democrats and Republicans are eager to get this done, with 90% of the work already completed. The remaining 10% is being diligently worked on by both sides.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48398996/coinbase-ceo-brian-armstrong-bullish-on-getting-key-crypto-legislation-passed-by-year-end-were-90-there">Read the full article here.</a>



<h2 class="wp-block-heading">Cathie Wood Backs Major Ethereum Holder</h2>



Ark Invest founder Cathie Wood has extended her support to Quantum Solutions, the largest Ethereum-centered cryptocurrency treasury company outside of the U.S. Wood expressed her excitement to back Japan's first institutional-grade ETH treasury firm, emphasizing the importance of expanding access to innovation in global capital markets. The actual amount invested or the size of the stake was not disclosed.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48397608/cathie-wood-says-thrilled-to-back-the-largest-corporate-eth-holder-outside-us-expanding-access-is-key">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/10/48416746/dogecoin-shows-4-signs-of-breakout-after-weeks-of-silence" target="_blank" rel="noreferrer noopener">Dogecoin Shows 4 Signs Of Breakout After Weeks Of Silence</a>



<h2 class="wp-block-heading">Melania Trump And Argentina&#8217;s Javier Milei Cleared Of Meme Coin Fraud</h2>



In a class action lawsuit, plaintiffs lodged an updated complaint against Meteora and its co-founder, Ben Chow, in relation to the controversial launch of Official Melania and LIBRA meme coins. The plaintiffs asserted that Chow was at the center of the enterprise, while Meteora falsely operated under the banner of decentralized finance. Melania Trump and Argentine President Javier Milei were allegedly used as props to push controversial tokens in the market.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48376749/melania-trump-argentinas-javier-milei-not-responsible-for-meme-coin-fraud-revised-complaint-states-were-used-as-props">Read the full article here.</a>



<h2 class="wp-block-heading">Millionaire Trader Continues To Accumulate Bitcoin</h2>



Despite losing 8 figures, pseudonymous millionaire trader Unipcs continues to aggressively accumulate Bitcoin. Unipcs advises traders to maintain a long-term perspective, stating that 25%–30% corrections in Bitcoin during bull runs are normal. Even a drop to $88,000 would not be unprecedented, though he doesn&#8217;t expect it.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48381116/millionaire-trader-lost-8-figures-but-still-aggressively-accumulates-bitcoin">Read the full article here.</a>



<h2 class="wp-block-heading">Bitcoin Faces Resistance, But Bullish Fundamentals Remain</h2>



Bitcoin remains range-bound, facing resistance at $115,000. However, on-chain metrics signal short-term weakness but long-term bullish fundamentals intact. CryptoQuant data shows Bitcoin&#8217;s bull cycle remains in a late-stage accumulation phase, not a definitive end. The Dolphin cohort, large holders including ETFs, corporations, and wallets with 100–1,000 BTC, controls 26% of supply, around 5.16 million BTC.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48400673/bitcoin-faces-115000-resistance-but-on-chain-data-rejects-definitive-end-scenario">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/cryptocurrency/25/10/48326333/shiba-inu-burn-rate-soars-1224-in-a-day-but-shib-falls-3-whats-going-on" target="_blank" rel="noreferrer noopener">Shiba Inu Burn Rate Soars 1,224% In A Day But SHIB Falls 3%: What&#8217;s Going On?</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



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$ETH

Weekend Round-Up: Crypto World Buzzes With Coinbase, Cathie Wood, Melania Trump And Bitcoin News

A cooler-than-expected inflation report is likely to give the Federal Reserve the confidence it needs to proceed with a rate cut next week, as markets now fully price in a quarter-point reduction in <a href="https://www.benzinga.com/markets/economic-data/25/10/48408501/september-inflation-report-fed-interest-rates">the federal funds rate.</a>



Inflation rose 3% year-over-year in September, slightly up from August's 2.9% pace but below economists forecasts of 3.1%. Core inflation, which excludes food and energy, eased from 3.1% to 3%, cooling more than expected.



Wall Street cheered the data, with major indexes climbing to record highs. Markets now anticipate two additional rate cuts this year, followed by three more in 2026.



Stocks gained further after strong corporate earnings and optimism that President Donald Trump and Chinese President Xi Jinping may soon meet <a href="https://www.benzinga.com/news/politics/25/10/48398867/trump-reveals-first-question-hell-ask-xi-jinping-in-south-korea-next-week">to discuss trade relations.</a>



Michigan's auto giants were among the week's standout performers. General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GM">GM</a>) and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/F">F</a>) each posted double-digit weekly gains after delivering upbeat quarterly results and forward guidance. General Motors shares surged to record highs on Friday, capping their best week since March 2020.



The automaker's stock jumped 15% on Tuesday after reporting third-quarter revenue of $48.6 billion, topping expectations of $45 billion, and earnings per share of $2.80 &#8211; well above forecasts of $2.29. GM said it plans to introduce hands-free, eyes-off driving capabilities by 2028, starting with its Cadillac <a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/10/48356947/general-motors-analysts-raise-their-forecasts-after-better-than-expected-q3-earnings">Escalade IQ electric SUV.</a>



At the same time, the company will cut back electric vehicle production and eliminate more than 200 positions at its suburban Detroit tech center as it adjusts to changing EV demand.



Ford shares also rallied, jumping 10% on Friday — the stock's best day since 2022. The company reported third-quarter revenue of $50.5 billion, up 9.4% from a year earlier, and earnings per share of 45 cents, beating Wall Street expectations of 36 cents.



Ford said it plans to boost F-150 and Super Duty truck production by more than 50,000 units in 2026, expanding operations in Michigan and Kentucky <a href="https://www.benzinga.com/trading-ideas/movers/25/10/48409469/ford-shares-are-trading-higher-friday-whats-going-on">to meet growing demand.</a>



Not all earnings news was upbeat. Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFLX">NFLX</a>) tumbled more than 10% for the week after missing earnings expectations, hit by a $619 million tax charge in Brazil.



Energy stocks, which had sharply lagged the broader market before this week, rebounded after the Trump administration imposed new sanctions on Russian oil giants Rosneft and Lukoil in a bid to pressure Vladimir Putin toward a peace <a href="https://www.benzinga.com/markets/commodities/25/10/48378418/oil-prices-today-us-sanctions-russia-rosneft-lukoil-donald-trump-putin-xle-etf-energy-stocks">deal in the Ukraine war.</a>



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</ul>



Image created using artificial intelligence via Midjourney.

Econ #s

Wall Street Notches New Records As Soft Inflation Bolsters Rate Cuts: This Week In Markets

Soybeans are back at the center of the global commodities conversation. Prices have climbed to a one-month high on renewed <a href="https://www.benzinga.com/markets/commodities/25/10/48142495/trump-vows-to-revive-soybean-trade-with-china-ahead-of-potential-talks-with-xi-jinping-going-to-see-more-opening-up">U.S.–China trade optimism</a>, even as Beijing reportedly halted U.S. soybean purchases for the first time in seven years amid escalating trade tensions.



Against this volatile backdrop, investors are once again watching the Teucrium Soybean ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SOYB">SOYB</a>), the only <a href="https://www.benzinga.com/etfs">fund that offers direct exposure</a> to Chicago Board of Trade (CBOT) soybean futures, as both a short-term trade and a long-term diversification tool.



"Ideally there are positive developments from the upcoming U.S.–China discussions," said Jake Hanley, Managing Director and Senior Portfolio Specialist at Teucrium. "China doesn't need U.S. beans, but they know they have leverage on this point and can offer agricultural purchases as part of any concession."



Also Read: <a href="https://www.benzinga.com/trading-ideas/movers/25/10/48224327/soybean-short-squeeze-cooking-oil-stocks-pop-after-trump-targets-china">Soybean Short Squeeze: Cooking Oil Stocks Pop After Trump Targets China</a>



<h2 class="wp-block-heading">Short-Term Headlines, Long-Term Fundamentals</h2>



Hanley noted that the day-to-day soybean trade "remains susceptible to headlines which are all about U.S.–China trade." Yet he emphasized that ETF investors tend to think beyond the noise. "ETF investors typically have longer-term time horizons and focus on the fundamentals, which in soybeans are leaning neutral to bullish," he said.



Those fundamentals include rising domestic demand from biofuels — where soybeans are being increasingly crushed for renewable energy production — and steady global demand for animal feed. "Soybeans crushed for biofuel are helping support local markets," Hanley said. "Globally, feed demand remains robust, growing roughly 2% annually."



Unlike previous years, weather has not been a major factor this harvest season. "Weather has cooperated," Hanley noted. "Not an issue this season."



<h2 class="wp-block-heading">ETF Flows And Strategy: Diversification Meets Discipline</h2>



According to Hanley, SOYB has seen renewed inflows as prices rebounded from August lows. "Most commodity traders are looking for momentum plays," he said. "Uptrends typically attract more flows. Allocators, on the other hand, are looking for fundamental stories and diversification benefits — not necessarily chasing price trends."



SOYB tracks the Teucrium Soybean Index (TSOYB), which reflects a weighted basket of CBOT soybean futures contracts — including the second-to-expire, third-to-expire, and November contracts following the third. "By spreading holdings across the curve, we attempt to mitigate the negative impacts of contango, while providing investors exposure further out the curve," Hanley said.



He added that seasonality also plays a role. "In the U.S., there's one harvest per year, and at that time there's as much soybeans as there will be for the entire year — that supply typically weighs on prices," he said. "For longer-term investors, harvest season can sometimes offer an entry point."



<h2 class="wp-block-heading">Beyond Inflation: The Case For Agriculture In 2025</h2>



While inflation fears have cooled, Hanley believes investors still see merit in commodities as portfolio stabilizers. "An investor considering exposure to grain markets today is not likely thinking about inflation," he said. "But the scars from 2022 — when both stocks and bonds were negative — are still fresh."



As for whether agricultural commodities are entering a new supercycle, Hanley is cautious. "It's more nuanced," he said. "Agriculture markets march to their own fundamentals, but they don't exist in a vacuum. The uncertainty around trade and policy will remain a defining feature of markets for the foreseeable future."



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</ul>

Sector ETFs

Exclusives

Interview

ETFs

SOYB

China Doesn't Need US Beans: Teucrium MD On Why Soybean ETF Investors Are Staying Bullish

After thieves used one of its furniture lifts in a <a href="https://www.benzinga.com/news/politics/25/10/48295190/hunt-underway-for-burglars-that-stole-french-crown-jewels-from-the-louvre-emmanuel-macron-says-everything-is-being-done">$102 million Louvre heist</a>, German company Böcker turned the shocking moment into a viral marketing sensation.



<h2 class="wp-block-heading">The Viral Lift Moment</h2>



On Sunday, four masked thieves scaled a second-floor window at the Louvre, grabbed eight pieces of jewelry worth $102 million, and descended via a Böcker AgiLo furniture lift to scooters waiting below, <a href="https://abcnews.go.com/International/company-made-lift-louvre-heist-viral-social-post/story?id=126833736">reported</a> ABC News.



The daring heist in broad daylight lasted just seven minutes.



Böcker, a third-generation family business based in Werne, Germany, recognized its lift immediately.&nbsp;



"At first, we were shocked. It was a reprehensible act," CEO Alexander Böcker told the publication. But after confirming no one was hurt, the company's shock turned into humor.



See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45738435/elizabeth-warren-says-trump-approved-the-largest-meat-company-in-world-to-be-listed-on-nyse-ignoring-corruption-and-bribery-history-demands-answers" target="_blank" rel="noreferrer noopener">Elizabeth Warren Says Trump ‘Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers</a>



<h2 class="wp-block-heading">How Böcker Turned Louvre Heist Into Ad Campaign</h2>



Böcker's wife, Julia Scharwatz, who leads marketing at the company, suggested the slogan that went viral: "When you need to move fast."



The company licensed the iconic photo of the lift at the Louvre and posted it on social media Monday morning. The post quickly amassed over a million views—leaping from their usual 20,000.



"Over 99% of the reactions are positive," Böcker said. "Some people wrote, ‘Who says Germans don't have a sense of humor?'"



<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/25043504/Screenshot-2025-10-25-at-2.04.50%E2%80%AFPM-1024x667.png" alt="" class="wp-image-1131253"/><figcaption class="wp-element-caption">Source: Instagram</figcaption></figure>



The lift used in the heist had been sold to a French rental company in 2020 and was stolen by the thieves posing as clients on the day of the robbery.



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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

Entertainment

General

This German Company Turned $102 Million Louvre Heist Into Clever Viral Ad

Governor Josh Shapiro on Friday warned that Pennsylvania's trade ties with Canada — the state's largest trading partner — are being strained by President Donald Trump&#8216;s economic policies, which he said are driving up prices for consumers and closing markets for local businesses.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Canada is Pennsylvania&#39;s largest trading partner. PA companies export $14B to Canada every year, and Canadian companies employ over 30,000 people here in PA. But the President&#39;s policies are hurting our economy, jacking up prices for Pennsylvanians, and closing markets for our… <a href="https://t.co/va44ZP9djF">pic.twitter.com/va44ZP9djF</a>&mdash; Governor Josh Shapiro (@GovernorShapiro) <a href="https://twitter.com/GovernorShapiro/status/1981715587500830910?ref_src=twsrc%5Etfw">October 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<h2 class="wp-block-heading">Pennsylvanians Paying The Price, Shapiro Says</h2>



Pennsylvania businesses send $14 billion in goods to Canada every year, while Canadian firms provide jobs for more than 30,000 people in the state, Shapiro tweeted.



&#8220;The President&#8217;s policies are hurting our economy, jacking up prices for Pennsylvanians, and closing markets for our businesses,&#8221; Shapiro said.



See Also: <a href="https://www.benzinga.com/news/politics/25/10/48421309/ontario-to-pause-reagan-tariffs-ad-that-angered-trump-but-only-after-world-series-games">Ontario To Pause Reagan Tariffs Ad That Angered Trump — But Only After World Series Games</a>



<h2 class="wp-block-heading">Trade Relationship Under Pressure</h2>



The U.S. president <a href="https://www.benzinga.com/news/politics/25/10/48398335/hereby-terminated-trump-scraps-all-trade-talks-with-canada-over-reagan-ad-criticizing-tariffs">terminated all trade negotiations</a> with Canada on Thursday over a Canadian government advertisement featuring former President Ronald Reagan criticizing tariffs.



Ontario Premier Doug Ford later announced on Friday that <a href="https://www.benzinga.com/news/politics/25/10/48421309/ontario-to-pause-reagan-tariffs-ad-that-angered-trump-but-only-after-world-series-games">the province will pause the controversial Reagan ad</a> following the World Series weekend to allow trade talks to resume.



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<li><a href="https://www.benzinga.com/news/politics/25/10/48421150/zelenskyy-calls-on-us-to-extend-russian-oil-sanctions-as-allies-weigh-more-support-for-ukraine-report" target="_blank" rel="noreferrer noopener">Zelenskyy Calls On US To Extend Russian Oil Sanctions As Allies Weigh More Support For Ukraine: Report</a></li>
</ul>



Photo: Shutterstock



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Government

Economics

Pennsylvania Governor Josh Shapiro Blames Trump's Policies For Rising Costs, Strained Canada Ties

John Nitti, who served as global head of revenue operations and advertising innovation at X, has left the social media company after just 10 months in the role, according to a <a href="https://www.ft.com/content/9a11ffa8-aa4c-40d4-982e-ede163b8a0b2">report</a> by the Financial Times on Friday.



<h2 class="wp-block-heading">Top Contender For CEO After Yaccarino Exit</h2>



Nitti&#8217;s departure comes after Linda Yaccarino <a href="https://www.benzinga.com/news/social-media/25/07/46329375/x-ceo-yaccarino-splits-with-elon-musk-after-two-years-says-best-is-yet-to-come-for-social-platform">resigned in July</a> following <a href="https://www.benzinga.com/news/23/05/32505892/game-on-elon-musks-twitter-successor-gears-up-to-tackle-zuckerbergs-secret-instagram-project">two years as chief executive</a>. Since then, Nitti and Angela Zepeda, the global head of marketing, have taken turns handling her responsibilities.



X did not immediately respond to <a href="https://www.benzinga.com/">Benzinga</a>'s request for comment.



<h2 class="wp-block-heading">Multiple Senior Exits Continue</h2>



The departure comes as the Elon Musk-led firm faces a continuing wave of senior exits across the company, which was <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">taken over</a> by his <a href="https://www.benzinga.com/markets/tech/25/10/47961829/elon-musk-says-xai-is-building-grokipedia-to-replace-wikipedia-will-be-a-massive-improvement">artificial intelligence startup</a> xAI in March.



Mike Liberatore, xAI's chief financial officer, <a href="https://www.benzinga.com/markets/tech/25/09/47491505/elon-musks-xai-hit-by-cfo-exit-adding-to-wave-of-leadership-departures-report">resigned</a> over the summer after three months on the job, followed shortly by general counsel Robert Keele, who cited family commitments.



After less than a year, Mahmoud Reza Banki, the Chief Financial Officer (CFO) at X, announced his <a href="https://www.benzinga.com/markets/tech/25/10/48063236/elon-musk-names-former-morgan-stanley-banker-anthony-armstrong-as-xai-cfo-amid-200-billion-valuation-push-report">departure in early October</a>.



Earlier this month, Anthony Armstrong, a former Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MS">MS</a>) banker who advised on Musk's <a href="https://www.benzinga.com/general/social-media/25/03/44404525/elon-musk-paid-high-price-for-twitter-but-after-years-of-declining-value-x-is-once-again-worth-44-billion">$44 billion acquisition of X</a>, was named CFO of xAI.



See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/10/48388018/elon-musk-says-teslas-optimus-bot-could-one-day-perform-surgery-calls-it-infinite-money-glitch">Elon Musk Says Tesla&#8217;s Optimus Bot Could One Day Perform Surgery, Calls It &#8216;Infinite Money Glitch&#8217;</a>



<h2 class="wp-block-heading">Advertising Revenue Pressures</h2>



Musk, the visionary entrepreneur, has long pressed X&#8217;s advertising executives to <a href="https://www.benzinga.com/news/24/09/40724275/elon-musks-x-faces-26-ad-spend-decline-by-2025-amid-steep-decline-in-brand-safety-survey-reveals">increase profits</a> as he invests <a href="https://www.benzinga.com/markets/tech/25/07/46563372/elon-musks-xai-plans-to-raise-12-billion-in-debt-to-buy-nvidia-chips-and-build-one-of-the-worlds-largest-ai-superclusters-report">billions of dollars in chips and infrastructure</a> to create superhuman AI to rival OpenAI and Google&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOG">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOGL">GOOGL</a>) DeepMind. 



Musk&#8217;s decision to loosen <a href="https://www.benzinga.com/25/01/42960291/metas-content-moderation-changes-alarm-advertisers-as-zuckerberg-aligns-with-trump-and-musk">content moderation guidelines</a> and his advice to marketers who didn&#8217;t agree with his strategy to &#8220;<a href="https://www.benzinga.com/news/24/06/39404184/elon-musk-reassures-advertisers-by-revealing-why-he-told-them-to-go-f-yourself-last-november-i-do-sh">go f&#x2A;&#x2A;&#x2A;</a>&#8221; themselves have turned off advertisers.



After X <a href="https://www.benzinga.com/tech/25/03/44552860/major-brands-resume-advertising-on-musks-x-amid-legal-pressure">sued</a> companies like Shell (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SHEL">SHEL</a>) and Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/PINS">PINS</a>) for allegedly engaging in a &#8220;illegal boycott&#8221; of the platform—a claim they refute—some advertisers privately expressed that they felt under pressure to spend money on the platform.



Musk&#8217;s involvement in Donald Trump&#8216;s administration, which <a href="https://www.benzinga.com/news/politics/25/07/46270547/elon-musk-reignites-jeffrey-epstein-client-list-row-adding-fuel-to-the-feud-with-trump">ended over the summer</a>, diverted his attention during the first half of the year. 



According to two sources cited by the Financial Times, he has since begun making decisions about advertising on his own without seeking input from leadership. One such decision was to prohibit hashtags from being used in advertisements on X, the report said. 



Read Next:



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<li><a href="https://www.benzinga.com/markets/tech/25/10/48385943/elon-musks-robot-army-is-coming-if-he-gets-total-control-first">Elon Musk&#8217;s Robot Army Is Coming — If He Gets Total Control First</a></li>
</ul>



Photo:&nbsp;



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Management

PINS

SHEL

Elon Musk Loses Another Top Executive As X's Ad Chief Reportedly Quits

Elon Musk-led Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TSLA">TSLA</a>) could face steep challenges in the coming decade, with the company's long-term survival uncertain, according to former Stellantis (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/STLA">STLA</a>) CEO Carlos Tavares.



<h2 class="wp-block-heading">Tesla's Future Uncertain Amid Rising Competition</h2>



On Friday, Tavares told French newspaper Les Echos that Tesla is under increasing pressure from Chinese EV giant BYD Co. Ltd.&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/quote/BYDDY">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/quote/BYDDF">BYDDF</a>), which <a href="https://www.benzinga.com/markets/eurozone/25/10/48037123/uk-becomes-tesla-rival-byds-largest-international-market-amid-europe-expansion">surpassed Tesla in global electric</a> vehicle sales earlier this year, <a href="https://fortune.com/2025/10/24/ex-stellantis-ceo-carlos-tavares-elon-musk-tesla-may-not-exist-tsla-stock-loss/">reported</a> Fortune.



"We can't rule out that at some point, he'll decide to leave the automotive industry to refocus on humanoid robots, SpaceX, or artificial intelligence," said Tavares, who <a href="https://www.benzinga.com/news/management/24/12/42258470/jeep-marker-stellantis-ceo-carlos-tavares-resigns-amid-falling-us-sales-and-trade-pressures-board-cites-different-views">stepped down from leading</a> Stellantis last year. "Elon Musk will have left the automotive industry."



Tavares noted BYD's efficiency and cost-effective vehicles as key factors pressuring Tesla.



"Tesla's stock market value loss will be colossal because this valuation is simply stratospheric," he said. "I'm not sure that Tesla will still exist in 10 years. It's an innovative group, but they'll be beaten by BYD's efficiency."



See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45738435/elizabeth-warren-says-trump-approved-the-largest-meat-company-in-world-to-be-listed-on-nyse-ignoring-corruption-and-bribery-history-demands-answers" target="_blank" rel="noreferrer noopener">Elizabeth Warren Says Trump ‘Approved&#8217; The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers</a>



<h2 class="wp-block-heading">Tesla Posts Strong Revenue Despite Market Pressures</h2>



Tesla exceeded Wall Street expectations in <a href="https://www.benzinga.com/markets/earnings/25/10/48367296/tesla-q3-highlights-record-ev-deliveries-falling-profits-ai-ambitions-ahead">its third-quarter earnings</a>, reporting $28.095 billion in revenue, up 12% year-over-year and a 33% increase in deliveries in China, its second-largest market.



Still, Tesla's market share in China has declined to roughly 5% from 16% in 2020, reflecting intensifying competition.



Last year, Musk also admitted that "Chinese car companies are the most competitive car companies in the world."&nbsp;



<h2 class="wp-block-heading">Musk's Focus Split Across Ventures</h2>



Tavares highlighted that Musk's attention is divided across multiple ventures, including SpaceX and AI projects.&nbsp;



Tesla has proposed a <a href="https://www.benzinga.com/markets/large-cap/25/10/48392311/elon-musks-pay-plan-equals-2000-years-of-nvidia-ceo-salary-not-a-typo">10-year, $1 trillion pay package</a> to retain Musk, with targets including a 500% increase in market capitalization to $8.5 trillion.



Previously, <a href="https://www.benzinga.com/markets/tech/25/10/48347881/tesla-board-chair-robyn-denholm-criticizes-proxy-advisors-one-size-fits-all-approach-to-elon-musks-1-trillion-pay-package">Tesla board chair</a> Robyn Denholm defended the plan, stating, "If you prefer that Tesla turn into just another car company mired in the ways of the past, then you should follow ISS and Glass Lewis."



Benzinga&#8217;s Edge Stock Rankings show that TSLA maintains a strong price trend across short, medium and long-term periods. <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 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/2025/10/25031109/Screenshot-2025-10-25-at-12.39.00%E2%80%AFPM.png" alt="" class="wp-image-1131199"/></a></figure>



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<li><a href="https://benzinga.com/news/sports/25/07/46757903/trump-turnberry-is-our-monalisa-says-eric-trump-as-he-shrugs-off-millions-in-losses-we-dont-give-a" target="_blank" rel="noreferrer noopener">Trump Turnberry Is ‘Our Monalisa' Says Eric Trump As He Shrugs Off Millions In Losses— ‘We Don't Give A…'</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

Large Cap

BYDDF

BYDDY

STLA

Ex-Stellantis CEO Warns Tesla May Not Survive Next Decade As BYD Drives Ahead: 'Elon Musk Will...'

"Shark Tank" star and investor Kevin O'Leary urged Americans to focus on long-term economic opportunities in Canada, dismissing the <a href="https://www.benzinga.com/news/politics/25/10/48398335/hereby-terminated-trump-scraps-all-trade-talks-with-canada-over-reagan-ad-criticizing-tariffs">trade talks&#8217; collapse as mere noise</a>.



<h2 class="wp-block-heading">Trump Terminates Trade Talks Over Controversial Ad</h2>



On Thursday, President Donald Trump <a href="https://www.benzinga.com/news/politics/25/10/48398335/hereby-terminated-trump-scraps-all-trade-talks-with-canada-over-reagan-ad-criticizing-tariffs">announced the termination</a> of all ongoing trade discussions with Canada after an advertisement from Ontario criticized U.S. tariffs.



The ad, quoting former President Ronald Reagan, states that tariffs "hurt every American."



Trump called the ad fraudulent and accused Canada of trying to influence U.S. Supreme Court decisions. "ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," he said on Truth Social.



<h2 class="wp-block-heading">Kevin O'Leary Focuses On The Long Game</h2>



O'Leary took to social media and urged people to ignore the short-term noise and focus on Canada's economic fundamentals.



"Everyone's panicking about tariffs, trade wars, and diplomatic noise. I don't care about noise, I care about the signal," the Canadian businessman said.



O'Leary said that Canada and the U.S. have the potential to form a North American economic alliance capable of outspending and outpowering global competitors, particularly China.



"China's goal is to become the world's largest economy, and they'll use tariffs and negotiation tactics to get there. But the long game is a North American alliance that can outspend and outpower any competitor," he explained.



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/10/48378024/dogecoin-down-but-shiba-inu-burn-rate-explodes-to-2300-whats-happening" target="_blank" rel="noreferrer noopener">Dogecoin Down But Shiba Inu Burn Rate Explodes To 2,300%: What's Happening?</a>



<h2 class="wp-block-heading">Investing In Canada's Energy And Land</h2>



Highlighting specific opportunities, O'Leary said he's actively investing in Canadian energy and land.



"I ignored Canada for a decade because of bad policy and weak leadership, but that's changing. The new government is smarter, the opportunity is massive, and the fundamentals are strong," he said.



O'Leary's message was clear: short-term diplomatic turbulence should not deter investors from Canada's long-term potential. "The future belongs to those who read the signal and tune out the noise," he concluded.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Everyone's panicking about tariffs, trade wars, and diplomatic noise. I don't care about noise, I care about the signal. The signal is clear. The United States and Canada are on a path to combine economic power because that's the only way to remain dominant globally. China's goal… <a href="https://t.co/bNr9FyHptH">pic.twitter.com/bNr9FyHptH</a>&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1981851110294827305?ref_src=twsrc%5Etfw">October 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<h2 class="wp-block-heading">Canada Looks To Diversify Trade Amid US Tariffs</h2>



Trump's move came ahead of an anticipated <a href="https://www.benzinga.com/news/politics/25/10/48388317/carney-and-trump-edge-toward-trade-deal-in-korea-but-skepticism-remains">U.S.–Canada trade deal</a> that could have been unveiled at the APEC summit in South Korea, involving steel export quotas in exchange for lower U.S. tariffs.



Canada is grappling with major economic headwinds triggered by U.S. tariffs. Prime Minister Mark Carney has set an ambitious target to double the <a href="https://www.benzinga.com/markets/macro-economic-events/25/10/48373319/canada-pm-mark-carney-aims-to-double-non-us-exports-amid-us-tariffs-trouble-cant-rely-on-one-foreign-partner">country's non-U.S. exports within</a> the next decade.



The country has also been seeking targeted trade agreements with the U.S.—<a href="https://www.benzinga.com/markets/macro-economic-events/25/10/48172036/canada-eyes-sectoral-trade-deals-with-us-if-we-dont-do-anything-we-may-lose">particularly in the steel sector</a>—which it views as vital to maintaining economic stability amid the ongoing tariff dispute.



Read Next:



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<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/10/48390449/trump-tariffs-economic-impact-inflation-fed-interest-rates-banking" target="_blank" rel="noreferrer noopener">Trump Tariffs May Fuel Margin Squeeze, But Not Inflation, Economist Says</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

Opinion

Trading Ideas

Trump Scraps Trade Talks — But Kevin O'Leary Thinks Canada Could Still Be Your Best Bet

Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFLX">NFLX</a>) is winding down Boss Fight Entertainment, the studio behind the hit game "Squid Game: Unleashed," as the streaming giant refocuses its gaming strategy.



<h2 class="wp-block-heading">Studio Closure Confirmed By Leadership</h2>



The shutdown was confirmed by Boss Fight co-founder and former CEO David Rippy in a LinkedIn post on Thursday. Netflix acquired the studio in 2022 as it looked to ramp up its mobile game offering. 



"Rough news, for sure, but I'm very grateful for the time we had at Netflix," Rippy wrote.



<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/25000247/Screenshot-2025-10-25-at-9.32.42%E2%80%AFAM-1024x529.png" alt="" class="wp-image-1131115"/><figcaption class="wp-element-caption">Source: LinkedIn</figcaption></figure>



David Luehmann, a director at the studio, added, "After 10+ great years working at Boss Fight, the last few as part of Netflix, the time has come for the studio to close down."



<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/25000321/Screenshot-2025-10-25-at-9.33.16%E2%80%AFAM-1024x409.png" alt="" class="wp-image-1131116"/><figcaption class="wp-element-caption">Source: LinkedIn</figcaption></figure>



Despite the closure, both "Squid Game: Unleashed" and "Netflix Stories" will remain available on its platform, reported Reuters.



See Also: <a href="https://www.benzinga.com/markets/tech/25/10/48346062/netflixs-ted-sarandos-and-greg-peters-downplay-warner-bros-discovery-merger-threat-we-have-been-more-builders-than-buyers">Netflix&#8217;s Ted Sarandos And Greg Peters Downplay Warner Bros. Discovery Merger Threat: &#8216;We Have Been More Builders Than Buyers&#8217;</a>



<h2 class="wp-block-heading">Netflix's Broader Gaming And Revenue Strategy</h2>



Netflix has been trying to diversify revenue through gaming and advertising. In gaming, the streaming giant is shifting its strategy to focus on party games, narrative games, kids&#8217; games, mainstream games, and more games on TV.



During its <a href="https://www.benzinga.com/markets/earnings/25/10/48341386/netflix-q3-earnings-miss-but-record-ad-sales-and-viewership-signal-strong-q4-momentum">third-quarter earnings call</a>, Co-CEO Greg Peters highlighted "Squid Game: Unleashed" as an example of the kind of narrative-focused games Netflix wants to produce based on its original shows.



Netflix reported third-quarter revenue of $11.51 billion, up 17.2% year-over-year, slightly below the Street estimate of $11.514 billion and earnings per share of $5.87, versus an expected $6.97.



For the fourth quarter, the company projects $11.96 billion in revenue, driven by higher membership, increased pricing, and expanded ad revenue.



Price Action: Netflix shares declined 1.70% during Friday's session and slipped an additional 0.11% in after-hours trading, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.



Benzinga's Edge Stock Rankings show that NFLX demonstrates a strong long-term price trend but exhibits weakness in the short and medium term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">More detailed performance insights are available here</a>.



<figure class="wp-block-image size-full"><a href="Read Next: Amazon Loses Top AI Leader In High-Stakes Talent Shuffle Photo Courtesy: JarTee on Shutterstock.com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors."><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/25000141/Screenshot-2025-10-25-at-9.29.15%E2%80%AFAM.png" alt="" class="wp-image-1131114"/></a></figure>



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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

Gaming

Netflix Shutters Mobile Game Studio Behind 'Squid Game: Unleashed'

The Ontario, Canada, provincial government will pause a television ad featuring former U.S. President Ronald Reagan criticizing <a href="https://www.benzinga.com/markets/commodities/25/07/46469746/canada-hits-back-at-trumps-50-steel-tariffs-with-1-billion-rescue-new-quota-system">tariffs</a>, but only after airing it during the first two World Series games this weekend.



<h2 class="wp-block-heading">Ontario To Pause Ad On Monday </h2>



In an X post, Ontario Premier Doug Ford said, &#8220;Our goal was always to start a dialogue about the type of economy that Americans want to create and the effects of tariffs on businesses and workers.&#8221;



&#8220;We have reached the highest levels of U.S. audiences, achieving our goal.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses. We&#39;ve achieved our goal, having reached U.S. audiences at the highest levels. I&#39;ve directed my team to keep putting our…&mdash; Doug Ford (@fordnation) <a href="https://twitter.com/fordnation/status/1981789712516858293?ref_src=twsrc%5Etfw">October 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



According to Ford, he directed his team to keep the message going all weekend so that the commercial could be shown during the first two World Series games. 



He added that after speaking with Prime Minister Mark Carney, he confirmed that Ontario will halt the U.S. advertising campaign on Monday to resume U.S.-Canada <a href="https://www.benzinga.com/markets/macro-economic-events/25/10/48172036/canada-eyes-sectoral-trade-deals-with-us-if-we-dont-do-anything-we-may-lose">trade negotiations</a>.



Ford announced Oct. 16 that Ontario would spend $75 million to run the ad in the U.S.



<h2 class="wp-block-heading">Trump Scraps Trade Talks Over Ad</h2>



President Donald Trump <a href="https://www.benzinga.com/news/politics/25/10/48398335/hereby-terminated-trump-scraps-all-trade-talks-with-canada-over-reagan-ad-criticizing-tariffs">halted trade talks with Canada</a> on Thursday after the Ronald Reagan Presidential Foundation and Institute claimed the ad misrepresents Reagan&#8217;s April 1987 radio address and that his remarks were edited without permission.



See Also: <a href="https://www.benzinga.com/news/politics/25/10/48421230/trumps-300-million-white-house-ballroom-could-soon-bear-a-very-familiar-name">Trump&#8217;s $300 Million White House Ballroom Could Soon Bear A Very Familiar Name</a>



In a Thursday morning Truth Social <a href="https://truthsocial.com/@realDonaldTrump/115426967566430347">post</a>, an angered Trump referred to the advertisement as &#8220;FAKE&#8221; and said that &#8220;ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.&#8221; He also accused Canada of trying to sway Supreme Court rulings.



<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://truthsocial.com/@realDonaldTrump/115426967566430347"><img loading="lazy" decoding="async" width="711" height="407" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24231559/image-652.png" alt="" class="wp-image-1131101" style="width:388px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24231559/image-652.png 711w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24231559/image-652-300x172.png 300w" sizes="(max-width: 711px) 100vw, 711px" /></a></figure>



Trump wrote &#8220;CANADA CHEATED AND GOT CAUGHT&#8221; <a href="https://truthsocial.com/@realDonaldTrump/115428874684902595">later on Friday</a>, accusing Canada of imposing tariffs on American farmers of up to 400%.



<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://truthsocial.com/@realDonaldTrump/115428874684902595"><img loading="lazy" decoding="async" width="713" height="478" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24231644/image-653.png" alt="" class="wp-image-1131102" style="width:410px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24231644/image-653.png 713w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/24231644/image-653-300x201.png 300w" sizes="(max-width: 713px) 100vw, 713px" /></a></figure>



The <a href="https://www.benzinga.com/news/politics/25/10/48388317/carney-and-trump-edge-toward-trade-deal-in-korea-but-skepticism-remains">termination coincided with rumors</a> that the Asia-Pacific Economic Cooperation (APEC) summit in South Korea might see the announcement of a <a href="https://www.benzinga.com/markets/commodities/25/07/46469746/canada-hits-back-at-trumps-50-steel-tariffs-with-1-billion-rescue-new-quota-system">steel quota trade agreement</a> between the U.S. and Canada.



<h2 class="wp-block-heading">Reagan&#8217;s Speech</h2>



Reagan&#8217;s speech discussed his imposition of tariffs &#8220;on some Japanese products in response to Japan&#8217;s inability to enforce their trade agreement with us on electronic devices called semiconductors.&#8221;



Though that context is missing from Ontario's ad, it features Reagan saying, "Over the long run, such trade barriers hurt every American worker and consumer," and "High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars."



<h2 class="wp-block-heading">Supreme Court Case On Tariff Authority Pending</h2>



Early in November, the Supreme Court will hear oral arguments in a case that will decide whether Trump was legally permitted to impose broad tariffs on a number of nations, including Canada, without the approval of Congress.



Although Trump has warned a ruling against tariffs could &#8216;<a href="https://www.benzinga.com/markets/macro-economic-events/25/10/48295327/trump-warns-supreme-court-tariff-ruling-could-literally-destroy-the-us-well-be-struggling-for-years">literally destroy</a>&#8216; the U.S., roughly 70% of imposed tariffs would be lifted if struck down.



Read Next:



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<li><a href="https://www.benzinga.com/news/politics/25/10/48421150/zelenskyy-calls-on-us-to-extend-russian-oil-sanctions-as-allies-weigh-more-support-for-ukraine-report">Zelenskyy Calls On US To Extend Russian Oil Sanctions As Allies Weigh More Support For Ukraine: Report</a></li>
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Photo: Shutterstock



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Ontario To Pause Reagan Tariffs Ad That Angered Trump — But Only After World Series Games

President Donald Trump is reportedly planning to name his new $300 million White House ballroom after himself.



<h2 class="wp-block-heading">‘The President Donald J Trump Ballroom'</h2>



Officials are already referring to the new space as "The President Donald J Trump Ballroom," sources familiar with the project <a href="https://abcnews.go.com/Politics/trump-white-house-ballroom-after-officials/story?id=126843455">told</a> ABC News.



Trump has not publicly confirmed the name.



On Thursday, when asked by the publication whether he had decided on a name, Trump smiled and said, "I won't get into that now."



The 90,000-square-foot ballroom, which replaced much of the East Wing, is designed to host up to 650 guests. New images released revealed the extent of construction, with the <a href="https://www.benzinga.com/news/politics/25/10/48397055/hillary-clinton-quotes-daughter-chelseas-attack-on-trump-for-wrecking-the-white-house-recalls-why-its-called-the-peoples-house">East Wing demolished</a> to make way for the expansion.



See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45738435/elizabeth-warren-says-trump-approved-the-largest-meat-company-in-world-to-be-listed-on-nyse-ignoring-corruption-and-bribery-history-demands-answers" target="_blank" rel="noreferrer noopener">Elizabeth Warren Says Trump ‘Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers</a>



<h2 class="wp-block-heading">$350 Million Raised For Construction</h2>



A White House official confirmed that $350 million has been raised for the ballroom project — though the construction itself is projected to cost $300 million, the report noted.



The official said Trump "has received such positive and overwhelming support for the ballroom that he continues to receive donations."



The official declined to comment on what will happen to the additional $50 million raised.



When asked by the publication how much of his own money he planned to donate, Trump said, "Oh, millions of dollars. Yeah. Well, I also give, you know, I give a lot of money to the White House. The White House is, as you know, I give my salary, and I usually like to steer it to the White House because this house was a little bit abandoned."



White House did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comment.



<h2 class="wp-block-heading">Crypto And Tech Giants Among Donors</h2>



Major crypto and tech companies — including Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/COIN">COIN</a>), Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), and the Winklevoss twins&#8217; Gemini, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AAPL">AAPL</a>), Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOG">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOGL">GOOGL</a>) Google and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MSFT">MSFT</a>)— are reportedly among the key <a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48410091/donald-trumps-new-white-house-ballroom-attracts-funds-from-ripple-coinbase-tether-gemini">donors backing the project</a>.



The ballroom project, under construction since September 2025, has sparked both fascination and criticism.



Previously,&nbsp; Sen. Elizabeth Warren (D-Mass.) and Gov. Gavin Newsom (D-Calif.) criticized the move, calling it symbolic of Trump's disregard for ordinary Americans and the Constitution.



Hillary Clinton also condemned the construction, saying Trump was "destroying" the people's house. In response, Sen. Ted Cruz&nbsp; (R-Texas) <a href="https://www.benzinga.com/news/politics/25/10/48345747/hillary-clinton-says-trump-is-destroying-the-white-house-ted-cruz-claps-back-with-at-least-he-didnt-steal-the-silverware">defended Trump, stating</a> that "at least he didn't steal the silverware," taking a dig at Clinton.



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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

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