Ultime notizie per Cue Biopharma (NASDAQ:CUE) Azioni

Cue Biopharma

Cue Biopharma Inc is a clinical-stage biopharmaceutical company. It is developing a novel and proprietary class of biologics drugs for the selective modulation of the human immune system to treat a broad range of cancers and autoimmune disorders. Its objective is to provide patients suffering from cancer and autoimmune diseases with dramatically improved therapeutic outcomes through the platform of biologic drug product candidates. The other products under pipeline are CUE-101 as a Monotherapy, CUE-101 + Pembrolizumab, CUE-102, CUE-103, and others.

Cue Biopharma Inc

Cuentas Inc

COPPEREX RES CORP by COPPEREX RES CORP

CUE ENERGY RESOURCES LTD by Cue Energy Resources Ltd.

In a bold departure from conventional advice, Ben Horowitz, co-founder of Andreessen Horowitz, once urged Columbia engineering graduates in 2015 to reject the idea of &#8220;following your passion&#8221; and instead focus on the value they can contribute to the world.
What Happened: In 2015, peaking at the Fu Foundation School of Engineering and Applied Science commencement, Horowitz told students, "Don't follow your passion."
He explained that while many successful people say that they love what they do, the reverse may be true—they may love what they do because they became successful.
"The first tricky thing about passions is they're hard to prioritize," Horowitz said, adding that it is difficult to figure out which a person is more passionate about: math or engineering? Video games or K-pop?
See Also:&nbsp;<a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report" target="_blank" rel="noreferrer noopener">Ex-OpenAI Chief Scientist Ilya Sutskever&#8217;s AI Startup Valued At $30 Billion In Latest Funding Round: Report</a>
He also pointed out that passions evolve, noting that what someone is passionate about at 21 may not hold the same weight at 40—"true for both boyfriends and career choices," he quipped.
Horowitz warned that people often aren't particularly good at their passions, referencing some American Idol participants who love singing but fall short of professional standards. What he meant was, just because you love something doesn't mean you should do it for a living.
Instead, he urged graduates to focus on what they're good at and how they can contribute to the world. "What you take out of the world over time &#8230; is much less important than what you put into the world," he stated, adding, "My recommendation would be to follow your contribution. Find the thing that you&#8217;re great at, put that into the world, contribute to others, help the world be better and that is the thing to follow."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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Why It's Important: Horowitz's message stands in contrast to business titans like Elon Musk, Jeff Bezos, Warren Buffett and Kevin O'Leary, all of whom have publicly advised aspiring entrepreneurs to pursue their passions.
Buffett once advised students <a href="https://www.benzinga.com/news/25/03/44065860/warren-buffetts-unconventional-career-advice-dont-save-your-passion-for-later-its-like-saving-up-sex-for-you">not to take jobs just for resume value</a> or slightly higher pay, but to work for people or organizations they admire. He shared a story about an Ivy League graduate who chose a consulting job to build a &#8220;perfect resume&#8221; instead of pursuing his passion.
When asked when he'd follow his true interests, the graduate said "someday," prompting Buffett to compare that mindset to "saving up sex for your old age"—a warning against postponing what you truly want in life.
Amazon founder ​​Bezos has also said that <a href="https://www.benzinga.com/news/24/06/39563534/jeff-bezos-reveals-the-one-secret-to-success-you-can-have-a-job-or-you-can-have-a-career-or">following one's passion is key to true success</a> and fulfillment. In a speech at the George W. Bush Presidential Center's Forum on Leadership, he urged people to turn their passions into careers, not by waiting for purpose to appear, but through hard work, dedication and resilience.
&nbsp;O'Leary, investor and Shark Tank personality, also believes that when you love what you do, <a href="https://www.benzinga.com/24/11/41947081/kevin-oleary-says-great-entrepreneurs-and-great-leaders-want-to-get-up-in-the-morning-and-get-to-work-heres-what-he-says-drives-them">it doesn't feel like work</a>. Last year, he shared that for great entrepreneurs and leaders, pursuing their passion is an expression of who they truly are—it's part of their soul and identity.
The life of Musk is a testament to the power of <a href="https://www.benzinga.com/22/07/28124535/5-lessons-we-can-learn-from-elon-musk-to-build-a-better-future-for-ourself-for-our-friends-and-famil">passion-driven success</a>. From a young age, he was deeply interested in technology and engineering. In his entrepreneurial journey, the Tesla CEO <a href="https://www.benzinga.com/markets/tech/25/06/46020247/before-the-mars-dream-and-multi-billion-dollar-ventures-elon-musk-just-wanted-a-job-at-netscape-heres-what-he-told-the-ai-generation-about-that">continued to follow his passion</a>, namely things like electric vehicles and sending humans to Mars.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo courtesy: rafapress / Shutterstock.com

Tech

Ben Horowitz Once Told Columbia Grads, 'Don't Follow Your Passion' But Contribution Instead: Something That Doesn't Coincide With The Opinion Of Elon Musk, Kevin O'Leary, Jeff Bezos And Warren Buffett

News

ALVO

European Medicines Agency Recommends Approval Of Alvotech's AVT06, A Proposed Biosimilar To Eylea, For Eye Disorders Across Europe

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

Startups

SPOT

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

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

TEVA

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

As tensions continue to mount in the Middle East, maritime data from the region comprising key global shipping chokepoints is flashing red.
What Happened: On Sunday, X user EndGame Macro, quoted a post sharing data that showed a substantial dip in vessel crossings through the Strait of Hormuz and the Suez Canal in recent days.
The downturn spans multiple ship categories, including crude tankers, container ships, and bulk carriers, raising fresh concerns about the mounting geopolitical risk in the Middle East. 
The post notes that westbound and eastbound traffic through the Strait of Hormuz is down 10.8% and 11.4%, respectively. Crude oil tanker activity has fallen by 9% in both directions, suggesting weaker flows from Gulf producers to Asia and Europe.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/46045651/northrop-grumman-jumps-5-overnight-as-b-2-bombers-return-to-missouri-after-36-hour-iran-strike-trump-says-job-well-done">Northrop Grumman Jumps 5% Overnight As B-2 Bombers Return To Missouri After 36-Hour Iran Strike: Trump Says &#8216;Job Well Done&#8217;</a>
Even steeper declines were reported in chemical and LPG tankers, down 20.4% and 13.6%, respectively, signaling potential demand slumps and industrial slowdown, particularly in China.
Container ship traffic has plunged 21.1% through Hormuz and nearly 31% through the Suez Canal, pointing to either disrupted supply chains or intentional rerouting to avoid perceived threats, alongside rising insurance costs, and potential for disruptions in the region. 
At the same time, however, the Cape of Good Hope is absorbing portions of this traffic, with a lower pace of decline, clearly hinting at a shift in trade routes, as vessels steer clear of the Red Sea.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is the pulse of global trade and energy flows. A breakdown of vessel crossings through strategic maritime chokepoints (Strait of Hormuz, Suez Canal, Cape of Good Hope) reveals important signs of tension, rerouting, and demand disruption: Strait of Hormuz Traffic for… <a href="https://t.co/2vPI60OQ0F">https://t.co/2vPI60OQ0F</a>
&mdash; EndGame Macro (@onechancefreedm) <a href="https://twitter.com/onechancefreedm/status/1936926832680374631?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
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Why It Matters: As tensions continue to flare in the region, markets are watching closely after Iran&#8217;s parliament voted to authorize a potential <a href="https://www.benzinga.com/news/politics/25/06/46044009/us-iran-tensions-escalate-as-iran-threatens-hormuz-closure-potentially-rattling-global-oil-markets">closure of the Hormuz Strait</a> on Sunday. 
Such a move, however, is predominantly expected to harm China, which is Iran&#8217;s main energy export customer, while the U.S., in contrast, purchases less than 3% of its oil from the Persian Gulf. 
China has likewise <a href="https://www.benzinga.com/news/events/25/06/46046039/china-slams-us-at-un-over-iran-nuclear-strikes-warns-of-spiraling-escalation-in-middle-east-demands-immediate-ceasefire">slammed the U.S.</a> over its strikes on Iranian nuclear facilities, saying that it &#8220;exacerbated tensions in the Middle East and dealt a heavy blow to the international nuclear non-proliferation regime.&#8221;
Price Action: Brent oil futures are up 0.50%, trading at $77.623 a barrel, amid growing concerns of trade disruptions. 
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/46046249/mike-pence-lauds-trumps-decisive-leadership-on-the-historic-mission-against-irans-nuclear-program-i-couldnt-be-more-proud">Mike Pence Lauds Trump&#8217;s &#8216;Decisive Leadership&#8217; On The &#8216;Historic Mission&#8217; Against Iran&#8217;s Nuclear Program: &#8216;I Couldn&#8217;t Be More Proud&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Politics

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

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

Earnings

JRSH

Earnings Scheduled For June 23, 2025

In the wake of the U.S. dropping bunker buster bombs on Iran&#8217;s key nuclear sites, energy markets are preparing for potential disruptions and a further surge in oil prices.
What Happened:&nbsp;&nbsp;The US&#8217;s aggressive actions against Iran, a significant oil producer, have heightened tensions in the region. This conflict, initially sparked by Israel&#8217;s extensive airstrikes, has thrust the global energy trade into the limelight.
Energy analytics firm Kpler, through a post on X on Saturday, forecasts a sharp 7-10% increase in oil prices due to rising risk premiums. However, they also warn that this spike may be temporary.
&#8220;Expect oil to open with a sharp 7–10% gap up as risk premiums surge. But don't be fooled, this may not last,&#8221; stated Kpler.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The US Enters the Israel-Iran War &#8211; What's Next for Oil? The <a href="https://twitter.com/hashtag/US?src=hash&amp;ref_src=twsrc%5Etfw">#US</a> has just struck Iranian nuclear facilities, and markets will react to the shock. At <a href="https://twitter.com/hashtag/Kpler?src=hash&amp;ref_src=twsrc%5Etfw">#Kpler</a>, we flagged this escalation ahead of time in our latest weekend report, anticipating a move while markets remain closed… <a href="https://t.co/y4dvCyNbAp">pic.twitter.com/y4dvCyNbAp</a>
&mdash; Kpler (@Kpler) <a href="https://twitter.com/Kpler/status/1936708713777152498?ref_src=twsrc%5Etfw">June 22, 2025</a></blockquote>
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A 10% increase from Friday&#8217;s crude oil closing would push&nbsp;the global oil benchmark to&nbsp;nearly $85 per barrel.
Despite the potential for Iran to retaliate, Kpler believes that&nbsp;a complete shutdown of the Strait&nbsp;of Hormuz or attacks on&nbsp;the Gulf Cooperation Council&#8216;s energy infrastructure are highly unlikely.
Kpler also anticipates an early OPEC+ production increase of at least 411,000 barrels per day in August, continuing a trend of similar output hikes in recent months.
Freight disruptions are a key concern as Houthi threats escalate in the Middle East Gulf and Red Sea, potentially boosting demand for middle distillates—especially jet fuel—in Western markets, predicts the energy analytics firm.
&#8220;Freight disruptions will be the story to watch,&#8221; stated Kpler
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/politics/25/06/46043789/marjorie-taylor-greenes-response-to-trump-bombing-iran-let-us-pray-that-we-are-not-attacked-by-terr" target="_blank" rel="noreferrer noopener">Marjorie Taylor Greene&#8217;s Response To Trump Bombing Iran: &#8216;Let Us Pray That We Are Not Attacked By Terrorists On Our Homeland&#8217;</a>
Why It Matters: The recent escalation in the Middle East has been a <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46014138/shell-ceo-warns-of-huge-impact-on-global-trade-if-the-strait-of-hormuz-is-blocked-amid-israel-iran-conflict-we-need-to-set-actions-for-a-new-reality">cause for concern</a> for the global energy trade. Last week, Shell CEO Wael Sawan warned of the potential repercussions on global trade if the conflict between Israel and Iran continues to escalate. The strategic importance&nbsp;of the Strait of Hormuz, a major artery for the world&#8217;s oil trade, has been a key concern.
Notably, Iran&#8217;s parliament has approved a measure to close the Strait of Hormuz. However, the move still awaits approval from security officials. The Strait of Hormuz is a crucial chokepoint for global trade, carrying 21% of the world's petroleum liquids consumption.
The Israel-Iran conflict has already had a significant impact on oil prices, with a more than 3% <a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46017496/israel-iran-conflict-lifts-crude-above-77-what-it-means-for-oil-etfs">rise in West Texas</a> Intermediate crude prices to above $77 a barrel. The potential for U.S. involvement in the conflict has further increased the geopolitical risk premium, leading to a surge in interest in oil and energy-themed ETFs.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/events/25/06/46046039/china-slams-us-at-un-over-iran-nuclear-strikes-warns-of-spiraling-escalation-in-middle-east-demands-i" target="_blank" rel="noreferrer noopener">China Slams US At UN Over Iran Nuclear Strikes: Warns Of &#8216;Spiraling Escalation&#8217; In Middle East, Demands Immediate Ceasefire</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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

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

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

CATX

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

GEHC

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

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

MSFT

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

MTVA

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

Macro Economic Events

Econ #s

Economics

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

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

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

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

BIOA

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

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

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

TSLA

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

Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) former head of AI, Andrej Karpathy, thinks that tech companies still haven't solved autonomous driving.
What Happened: Karpathy, speaking at last week's Y Combinator event, explained that achieving fully autonomous driving may not be as easy as it seems.
Karpathy shared an anecdote of his experience with autonomous driving in 2013 with Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo. "We got into this car and we went for an about 30-minute drive around Palo Alto, highways, streets and so on, and that drive was perfect," he said.
He highlighted how he thought that the autonomous driving sector was about to be solved, but more than a decade later, companies are still working on perfecting the technology, as Waymo still uses teleoperators, Karpathy said.
Why It Matters: The comments come in as Elon Musk's EV giant has officially rolled out the<a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work"> Robotaxi service in Austin</a> in an invite-only event to demonstrate the company's autonomous driving prowess.
Robotaxis could prove to be a crucial element to Tesla's business, with experts like Future Fund LLC's managing director<a href="https://www.benzinga.com/markets/tech/25/06/45991403/teslas-robotaxi-launch-could-be-key-to-310-price-target-says-gary-black"> Gary Black reiterating the importance </a>of the service to Tesla's future.
However, as Tesla's Austin rollout begins, the company will look to catch up to Waymo, which <a href="https://www.benzinga.com/markets/tech/25/06/45988738/tesla-robotaxi-rival-waymo-expands-services-in-california-amid-us-autonomous-vehicle-push">already operates</a> in multiple cities across the U.S. in Arizona, California and Texas.
What could be a boost to Tesla is the <a href="https://www.benzinga.com/markets/tech/25/06/45966726/tesla-vehicle-production-cost-1-7-that-of-waymo-elon-musks-ev-giant-closer-to-full-autonomy-than-competition-report">cost of AVs </a>or autonomous vehicles, which data suggests is 1/7 that of Waymo's fleet. The data also suggested Tesla has over 3 billion miles worth of data to work with, compared to Waymo's 22 million miles.
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Ex-Tesla AI Chief Andrej Karpathy Says Self-Driving Still Isn't Solved After A Decade

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