La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Dermata Therapeutics a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Dermata Therapeutics..

Dermata Therapeutics (NASDAQ:DRMA) Azioni, Catena delle Opzioni

Dermata Therapeutics

Dermata Therapeutics Inc is a clinical-stage medical dermatology company focused on identifying, developing, and commercializing pharmaceutical product candidates for the treatment of medical and aesthetic skin conditions and diseases. Its two product candidates, DMT310 and DMT410, incorporate its proprietary, multifaceted, Spongilla technology to topically treat a variety of dermatological conditions. Its Spongilla technology platform will enable to develop and formulate singular and combination products that are able to target topical delivery of chemical compounds into the dermis for maximum treatment effect for a variety of inflammatory skin diseases.

Dermata Therapeutics, Inc. - Common Stock

Dermata Therapeutics Inc

When it comes to investing, timing can make all the difference. Should you invest all at once, spread your contributions evenly over time, or adjust your investments based on market performance?&nbsp;
On a <a href="https://omny.fm/shows/suze-ormans-women-and-money/suze-school-the-benefits-of-value-cost-averaging">recent episode</a> of her &#8220;Women &amp; Money&#8221; podcast, <a href="https://www.benzinga.com/personal-finance/25/02/43668577/it-is-no-secret-that-i-dont-like-dental-insurance-suze-orman-shares-why-dental-savings-plans-are-better">Suze Orman</a> broke down three common investment strategies: lump-sum investing, dollar-cost averaging, and value-cost averaging. While each method has its merits, Orman shared insights into how they compare and which one might be best for long-term investors.
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<h2 class="wp-block-heading">Lump-Sum Investing: All In at Once</h2>
Lump-sum investing is the simplest of the three strategies. You take a large amount of money and invest it all at once. Orman explained this with an example: if you invest $12,000 into an exchange-traded fund priced at $120 per share on Jan. 1, you'll buy 100 shares. No further action is required, and the investment fluctuates with the market.
By the end of the year, if the ETF remains at $120 per share, your investment is still worth $12,000. The risk with lump-sum investing is that if the market drops right after you invest, your portfolio could take a hit. However, if the market trends upward, you benefit from having all your money working for you from the start.
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<h2 class="wp-block-heading">Dollar-Cost Averaging: Investing Consistently Over Time</h2>
<a href="https://www.benzinga.com/personal-finance/24/11/41867042/the-worst-idea-ive-ever-heard-in-my-life-suze-orman-responds-to-listener-about-selling-everything-within-ira-and-reinvesting">Dollar-cost averaging</a> involves investing a fixed amount at regular intervals—say, $1,000 per month over 12 months. This approach reduces the risk of investing everything at a market peak. When prices are low, you buy more shares; when prices are high, you buy fewer.
Using the same $12,000 example, Orman illustrated how this method can result in owning more shares by the end of the year. In the first month, that $1,000 would get 8.33 shares of that stock or ETF at $120 a share. If the stock goes down to $90 a share the second month, you're still investing $1,000, but you would pick up 11.1 shares.&nbsp;
Orman continues the example with fluctuating stock prices between $90 and $120 each month. In her example, $1,000 per month could result in 107.74 shares instead of 100. At the end of the year, with the ETF at $120 per share, the investment is worth $12,928—higher than the lump-sum approach.
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<h2 class="wp-block-heading">Value-Cost Averaging: Adjusting Contributions for Growth</h2>
Value-cost averaging is a more dynamic strategy that adjusts monthly investments to maintain a target portfolio value. Instead of investing a fixed amount each month, an investor contributes just enough to reach an increasing target value (e.g., $1,000 in month one, $2,000 in month two, and so on).
This method requires more calculations, but Orman highlighted its potential benefits. In her example, value-cost averaging resulted in owning 108.31 shares—slightly more than dollar-cost averaging. At the end of the year, the same example portfolio would be worth $12,997, surpassing both lump-sum investing and <a href="https://www.benzinga.com/personal-finance/24/08/40430034/you-look-at-what-you-had-not-what-you-have-and-other-investor-mistakes-that-suze-orman-says-you-">dollar-cost averaging</a>.
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<h2 class="wp-block-heading">Which Strategy Does Suze Orman Prefer?</h2>
Orman has long advocated for dollar-cost averaging, and her breakdown reinforced why it's a solid strategy for most investors. While value-cost averaging produced slightly higher returns in her example, the difference was minimal—just $68.40 more than dollar-cost averaging. Orman noted that value-cost averaging can be complex and requires adjustments each month, making it less practical for many investors.
Ultimately, the best strategy depends on an investor's risk tolerance and ability to manage investments. Lump-sum investing works well if the market is rising, but dollar-cost averaging provides a smoother experience and mitigates risk. For those willing to put in extra effort, value-cost averaging could yield higher returns over time, and Orman did say that one is her new favorite.&nbsp;
Orman's takeaway? More is always better than less—but consistency in investing remains key.
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Personal Finance

Suze School: Lump-Sum Investing, Dollar-Cost Averaging, And Value-Cost Average – Which Is Her Favorite?

"Cannabis is medicine and a viable, safe alternative to opioids."
Marvin Washington knows pain.
Not the kind that comes and goes. The kind that lingers. The kind that burrows deep into your body and settles in for the long haul. The kind that every former NFL player knows far too well.
For 11 seasons, Washington lined up against the best—a relentless defensive end for the New York Jets, Denver Broncos and San Francisco 49ers. A force on the field, smashing through offensive lines, chasing down quarterbacks, absorbing hit after hit after hit. And he played through it all.
Because that's what you do in the NFL.
You get hurt. You take something for the pain. You get back out there.
And for decades, that "something" was opioids.
It was pills in the trainer's room, pills in your locker, pills before practice, before games, before bed. It was normal. Until it wasn't. Until guys started needing them just to function. Until guys started losing everything to addiction. Until some of them didn't make it out at all.
Washington saw it happening in real-time. And he knew there had to be a better way.
<h3 class="wp-block-heading">The NFL's Unspoken Epidemic</h3>
"The short answer is yes," Washington says when asked if sports are finally shifting away from opioids. "Between all of the expos, conventions and panels that are happening, former athletes, mostly led by cannabis athletes, have brought this issue to the mainstream. It's been covered by mainstream media publications, and it has made all leagues at all levels aware of the opioid issue with athletes and society in general."
But awareness doesn't always mean action.
Even today, painkillers remain the default prescription for pro athletes, even as the consequences become impossible to ignore. The body count is real. So is the devastation.
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Washington has spent years pushing for a different path. And in his mind, cannabis is part of the answer. Not just because it works, but because it doesn't destroy lives in the process.
"We're seeing firsthand the evolution of cannabis," he says. "Leafwell is fulfilling the vision that so many sports cannabis pioneers, such as Ricky Williams, Kyle Turley Riley Cote, etc., have been fighting for over a decade. It's no longer when and if, but when—and that's now."
Now is the moment to change the game. And Washington is making sure athletes—past, present and future—have the tools to do it.
<h3 class="wp-block-heading">The Game After The Game</h3>
Here's the thing: the hits don't stop when the paychecks do. Retirement doesn't mean relief. It means reckoning.
"There are 3,200 active NFL players but 20,000 former players," Washington says. "You cannot forget about the health and welfare of that many guys who helped build the game."
The NFL is trying. In recent years, it's expanded healthcare for retired players. The NBA and MLB have done the same. The NHL is catching up. But Washington believes one piece is still missing: Cannabis.
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Guys are already using it—for pain, for recovery, for mental health, for CTE, for sleep. They just can't talk about it freely. They still risk judgment, stigma and roadblocks when it comes to access.
Washington wants to change that.
<h3 class="wp-block-heading">The Business Of Change</h3>
Of course, sports leagues don't move fast—unless there's money involved.
"The biggest roadblock is the prohibition at the federal level," Washington says. "However, leagues have been starting to see, just like with the other ‘vice' industries—such as alcohol and gambling—the benefits of partnerships with the cannabis industry are the financial benefits. MLB allows cannabis advertising, and USC (University of Southern California) partnered with the cannabis company Cookies on a sponsorship deal with their athletic department. The economic impact is powerful, and the Trojan horse—the medicinal benefits—are in the belly that will be let out to show them that cannabis is medicine."
Translation? Money talks.
Once the financial upside becomes too big to ignore, leagues will follow. But Washington isn't waiting around for them to figure it out.
That's where Leafwell comes in.
A company focused on medical cannabis research and patient consultations, Leafwell is bringing hard data to the conversation—the kind of evidence that gets leagues, doctors and decision-makers to take notice. And Washington is right in the middle of it, working directly with players&#8217; unions to get cannabis integrated into collective bargaining agreements.
See also: <a href="https://www.benzinga.com/general/health-care/24/11/42024344/cannabis-could-save-29-billion-per-year-in-u-s-healthcare-costs-says-ceo">Cannabis Could Save $29 Billion Per Year In U.S. Healthcare Costs, Says CEO</a>
Step by step, he's moving the needle.
<h3 class="wp-block-heading">A Playbook For The Future</h3>
Washington isn't the only one leading the charge. Athletes like Ricky Williams, Al Harrington and Matt Barnes have built their own cannabis brands, showing that there's a place for athletes in this industry, not just as consumers, but as business leaders.
If a player came to Washington today and said, &#8220;I want to start a cannabis business,&#8221; he'd tell them the same thing he'd tell any entrepreneur.
"Like any other business, you must educate yourself, know your target market, surround yourself with good, sound business people and have solid business principles."
It's not just about building a business. It's about changing an industry. And that takes time, strategy and persistence.
Because even with legalization expanding, social equity is still an uphill battle.
"The thing that is making progress is the legalization of cannabis in the Atlantic states," Washington explains. "Very respectful of the early legal states west of the Mississippi, but the population centers are on the Eastern seaboard, with the people who need social equity. It's moving—maybe not as fast as some would like, but it's moving."
Slowly. But it's moving.
<h3 class="wp-block-heading">The Message To The Leagues</h3>
If he could sit across from Roger Goodell or any other league commissioner, Washington knows exactly what he'd say.
"Cannabis is medicine and a viable, safe alternative to opioids."
It's not just an opinion. It's science. It's real. It's the truth.
And Washington isn't just talking about it. He's making sure it happens.
Because for too long, cannabis in sports has been about punishment.
Now, he's making sure the next phase is about healing.
Photo courtesy of Leafwell

Cannabis

Health Care

Sports

Exclusives

Interview

Super Bowl Champ's Fight for Cannabis: 'Opioids Are Killing Athletes'

<a href="https://www.benzinga.com/25/02/43616261/trumps-punitive-tariffs-could-lead-to-us-job-losses-warns-former-ambassadorwere-in-for-a-bit-of-bad-news-in-the-near-term">President Donald Trump</a> on Sunday said that his administration is investigating the U.S. national debt, suggesting that certain Treasury payments may be fraudulent and "might not count." Speaking aboard Air Force One, Trump said his administration is reviewing debt records to uncover potential financial mismanagement.&nbsp;
The U.S. national debt is approximately $36.2 trillion, exceeding 120% of the country's GDP, according to the <a href="https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/">U.S. Treasury</a>. Trump indicated that Treasury payments are currently under review.&nbsp;
&#8220;We&#8217;re even looking at Treasuries,&#8221; he said. &#8220;There could be a problem—you&#8217;ve been reading about that. That could be an interesting problem…It could be that a lot of those things don&#8217;t count. In other words, some of that stuff that we&#8217;re finding is very fraudulent, therefore maybe we have less debt than we thought.&#8221;
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National Economic Council Director Kevin Hassett <a href="https://www.cnbc.com/video/2025/02/10/nec-director-kevin-hassett-on-new-metal-tariffs-trumps-reciprocal-tariff-plan-and-tax-priorities.html">told CNBC</a> on Monday that Trump's comments weren't about payments to holders of US debt but possible improper payments to contractors and for grants.
This has sparked questions from financial experts since Treasury securities are considered some of the safest investment instruments worldwide.&nbsp;
While Trump has suggested that fraudulent payments could be inflating the national debt, independent budget watchdogs argue that the administration's proposed tax cuts would add trillions of dollars in new debt. The <a href="https://www.crfb.org/papers/fiscal-impact-harris-and-trump-campaign-plans">Committee for a Responsible Federal Budget</a> estimated that Trump&#8217;s tax plans will add $7.75 trillion to the projected debt through fiscal year 2035.
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To help crack down on eliminating waste and identify fraudulent spending in the federal government, Trump has enlisted billionaire <a href="https://www.benzinga.com/startups/25/01/42802794/there-wont-be-money-for-social-security-elon-musk-tells-joe-rogan-about-looming-bankruptcy-and-1-1-trillion-interest">Elon Musk</a> to lead an overhaul of federal government operations. Musk's newly established Department of Government Efficiency has reportedly been reviewing payroll and spending records, raising privacy and security concerns.
A federal judge recently blocked Musk&#8217;s team from accessing and storing data from certain government financial systems, citing the risk of improper disclosure of sensitive information. Treasury Secretary Scott Bessent said that Musk's team had only &#8220;read-only&#8221; access and could not make changes to the system.
Beyond speculative fraudulent payments from the Treasury, Trump also said that foreign countries play a role in the United States' rising debt, blaming countries like Mexico and Canada for taking advantage of the U.S. in trade deals.&nbsp;
&#8220;We&#8217;re not that rich right now. We owe $36 trillion dollars. That&#8217;s because we let all these nations take advantage of us,&#8221; Trump told Fox News in an interview aired on Sunday.
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While Trump tied trade deficits to the <a href="https://www.benzinga.com/personal-finance/24/10/41564246/from-10-trillion-to-35-trillion-how-government-spending-has-spiraled-out-of-control">national debt</a>, financial experts say the two are separate issues. Trade deficits measure the difference between a country&#8217;s imports and exports, whereas the national debt reflects government borrowing over time. <a href="https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html">Treasury data</a> shows that as of November, Canada and Mexico held $374 billion and $100 billion in U.S. Treasury securities, respectively.
Trump's investigation into <a href="https://www.benzinga.com/personal-finance/25/02/43592816/social-security-beneficiaries-have-every-reason-to-be-alarmed-by-musks-access-to-u-s-department-of-treasury-payment-system">Treasury payments</a> has sparked debate among economists and lawmakers. While supporters argue that identifying wasteful government spending is crucial, critics warn that questioning the validity of Treasury payments could destabilize global financial markets. With the debt ceiling deadline looming, all eyes are on Congress to determine the future of U.S. fiscal policy.
As this situation develops, financial experts emphasize the importance of distinguishing between legitimate debt obligations and potential inefficiencies in government spending. Whether Trump's efforts will yield meaningful reductions in the national debt remains to be seen.
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Trump Investigates U.S. Debt for Fraud, Suggests Treasury Payments 'Might Not Count'

The U.S. Justice Department has discovered $2 billion of Russian funds held at JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>). This follows a series of substantial <a href="https://www.benzinga.com/news/global/24/12/42380085/trump-on-assads-fall-putin-was-not-interested-in-protecting-him-any-longer">transfers from Russia to Turkey</a>.
What Happened: After Russia&#8217;s invasion of Ukraine, the country made several large payments to Turkey, with more expected to follow. These funds, totaling over $5 billion, were purportedly for the construction of Turkey&#8217;s first nuclear power plant, a project supported by Russian leader Vladimir Putin and Turkish President Recep Tayyip Erdoğan.
However, investigators discovered that Russia and Turkey utilized the nuclear project as a means to bypass U.S. sanctions imposed on Russia&#8217;s central bank in 2022. 
Moscow technocrats channeled billions of dollars through U.S. banks to Turkey, where the money could then be used to support Russian state initiatives, <a href="https://www.wsj.com/politics/policy/moscow-has-2-billion-stuck-at-jpmorgan-the-u-s-isnt-sure-what-to-do-with-it-b0669584#selection-5955.145-5955.189">reports</a> The Wall Street Journal.
While neither&nbsp;JPMorgan&nbsp;nor&nbsp;Citigroup Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) are the focus of the investigation,&nbsp;$2 billion of the Russian&nbsp;funds are currently stuck at JPMorgan. 
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This is due to the U.S. government&#8217;s decision to halt&nbsp;some of the bank transfers.&nbsp;In 2024, U.S. prosecutors were ready to confiscate the money, citing it as&nbsp;the proceeds of sanctions evasion,&nbsp;money laundering, and bank fraud.
However, the seizure was halted in the final stages of the Biden administration due to concerns about straining relations with Turkey, a key but occasionally problematic ally. 
The U.S. government continues to scrutinize its sanction regimes and take action against those&nbsp;who try to evade them.
Why It Matters: This investigation underscores the complexity and challenges of international financial transactions, particularly in the context of geopolitical tensions and sanctions. 
The case also highlights the role of major financial institutions, such as JPMorgan, in these transactions and the potential implications for their operations.
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News

Politics

Russia Has $2 Billion Trapped in US Banking Limbo At JPMorgan — What Happens Next?

Everyone wants to build wealth, but where do you even start? If you ask <a href="https://www.benzinga.com/news/25/01/42976301/charlie-munger-said-his-family-only-owns-3-stocks-damn-right-theyre-rich-because-diversification-is-for-know-nothing-investors">Charlie Munger – the billionaire investor</a>, Berkshire Hathaway vice chairman, and Warren Buffett's legendary right-hand man – the answer is simple: focus on getting to $100,000 first.
Munger, who passed away just shy of his 99th birthday, left behind a treasure trove of financial wisdom. In shareholder meetings, interviews and books, he often spoke about the challenge of wealth-building. According to him, the first big hurdle isn't a million dollars – it's that first $100,000.
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<h2 class="wp-block-heading">Why Is the First $100,000 So Hard?</h2>
Munger didn't sugarcoat it: "The first $100,000 is a bitch, but you gotta do it. I don't care what you have to do – if it means walking everywhere and not eating anything that wasn't purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit."
That quote, from a 1990s Berkshire Hathaway shareholder meeting, highlights the brutal reality of starting from scratch. When you're just beginning to build wealth, you don't have much working for you – no passive income, no compounding returns and no momentum. You're essentially climbing uphill with nothing but your own savings and discipline.
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Munger elaborated on this in Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, explaining that to reach that first $100,000 (and eventually a million), you have to be relentless about saving and avoiding lifestyle creep. "Getting wealthy is like rolling a snowball," he said. "It helps to start on top of a long hill – start early and try to roll that snowball for a very long time. It helps to live a long life."
<h2 class="wp-block-heading">The $100,000 Tipping Point</h2>
So why is $100,000 such a magical number? Because that's when compounding starts to work in your favor. Before that, <a href="https://www.benzinga.com/personal-finance/25/02/43581512/are-you-among-the-wealthiest-heres-the-net-worth-it-takes-to-be-in-the-top-1-5-and-10">your net worth</a> depends almost entirely on how much you save. After that, your money starts working for you.
Here's an example:
• If you have $100,000 invested and it earns a modest 7% annual return, that's $7,000 in gains – without you lifting a finger.
• If you reinvest those returns, your money snowballs and suddenly, growth becomes exponential.
• Compare that to the early days when every dollar had to come from your paycheck.
Once you <a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to">cross that six-figure threshold</a>, building wealth gets noticeably easier. Your investments generate returns, which create even more returns. And since larger amounts compound faster, you reach the next milestone (like $200,000) much quicker than the first.
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<h2 class="wp-block-heading">The Psychological Shift</h2>
Beyond the math, there's also a huge psychological shift when you hit $100,000. It's proof that wealth-building is possible, and that realization can be life-changing. Once you see your money growing, you're more likely to stay disciplined, avoid unnecessary spending and keep investing.
Munger's advice is a reality check for anyone dreaming of financial independence. The road to your first $100,000 might be tough – filled with sacrifice, side hustles and strict budgeting – but once you get there, the game changes. That's when compounding kicks in, and wealth starts to build itself.
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So if you're still climbing toward that first big milestone, take Munger's words to heart: focus, save aggressively and don't give up. The hardest part is just getting started. But once you do, the rest of the journey gets a whole lot easier.
If you're starting from scratch, <a href="https://www.benzinga.com/money/are-you-rich">an advisor can help</a> you maximize your savings and investment strategy. If you've already hit six figures or more, they can ensure your money is working as efficiently as possible. No matter where you are, having a roadmap makes the journey a whole lot smoother.
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Charlie Munger Said The Hardest Part Of Getting Rich Is The First $100,000 – But From There It Snowballs And 'You Can Ease Off The Gas'

Peter Lynch, famed for his remarkable returns at the helm of the Fidelity Magellan Fund, underscores the significance of comprehensive research and a long-term approach to successful investing, <a href="https://www.benzinga.com/news/25/01/43078273/peter-lynchs-advice-dont-invest-in-a-company-before-you-look-at-the-financials-if-you-made-it-throug">especially for those in their sixties</a>.
What Happened: Lynch, frequently referred to as a &#8220;legendary&#8221; stock market investor, has imparted some priceless wisdom for investors aged 60 and above.
During his tenure at the Fidelity Magellan Fund, Lynch delivered an astounding 29.2% annual return, outperforming the S&amp;P 500 index by more than double during the same timeframe. His successful methodologies and passion for value investing inspired him to pen several books, including the best-seller &#8220;One Up on Wall Street.&#8221;
Lynch&#8217;s counsel for investors, particularly those in their sixties, is to concentrate on comprehensive research and long-term tactics. &#8220;The person that turns over&nbsp;the most rocks wins the&nbsp;game,&#8221; he stated, underlining the need to assess a wide range of companies, not just the conventional blue-chip stocks.
Also Read: <a href="https://www.benzinga.com/markets/24/12/42497173/investment-guru-peter-lynch-if-you-cant-explain-to-an-11-year-old-in-2-minutes-or-less-why-you-own-the-stock-you-shouldnt-own-it">Investment Guru Peter Lynch: &#8216;If You Can&#8217;t Explain To An 11-Year-Old In 2 Minutes Or Less Why You Own The Stock, You Shouldn&#8217;t Own It&#8217;</a>
&#8220;I always thought if you looked at ten companies, you'd find one that's interesting, if you'd look at 20, you'd find two, or if you look at hundred, you'll find ten. The person that turns over the most rocks wins the game,&#8221; he elaborated in his book. 
He further cautioned against making emotionally driven decisions based on market pessimism. &#8220;A&nbsp;lot of people when they&nbsp;get negative on the market,&nbsp;put 50% in cash, but&nbsp;unfortunately, a lot of times&nbsp;when you get to that&nbsp;position, it's just about when&nbsp;the market's about to rally,&#8221; Lynch pointed out. He urges&nbsp;investors to make decisions based&nbsp;on research and a solid comprehension of their long-term holdings.
Why It Matters: Lynch&#8217;s advice comes at a crucial time when many investors in their sixties are seeking guidance on managing their portfolios in a volatile market. 
His emphasis on thorough research and a long-term strategy resonates with the need for investors to make informed decisions rather than reacting impulsively to market fluctuations. 
His warning against making emotional decisions based on market negativity serves as a timely reminder for investors to stay focused on their long-term goals and not be swayed by short-term market sentiments.
Read Next
<a href="https://www.benzinga.com/markets/25/02/43420625/peter-lynchs-stock-tips-theres-no-shame-in-losing-money-on-a-stock-what-is-shameful-is-to-hold-on-to-a-stock-when-fundamentals-are-deteriorating">Peter Lynch&#8217;s Stock Tips: &#8216;There&#8217;s No Shame In Losing Money On A Stock, What Is Shameful Is To Hold On To A Stock When Fundamentals Are Deteriorating&#8217;</a>
Image: Shutterstock

Success Stories

Markets

Peter Lynch's Timeless Stock Advice: 'Person That Turns Over the Most Rocks Wins the Game'

According to <a href="https://realestate.usnews.com/places/florida/naples">U.S. News &amp; World Report</a>, Naples, Florida, is officially the No. 1 place to <a href="https://www.benzinga.com/personal-finance/25/02/43473640/can-you-guess-the-average-retirees-net-worth-surprisingly-it-tends-to-skyrocket-during-retirement">retire in 2025</a>. If you're picturing white sandy beaches, endless sunshine, and a retirement filled with golf, fine dining, and zero state income tax, you're on the right track. While others may have different opinions, this ranking is based on factors like affordability, healthcare quality, and overall happiness.
So, what exactly makes Naples stand out from the 150 cities analyzed?&nbsp;
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
</ul>
According to U.S. News &amp; World Report, Naples ranked highly based on:
<ul>
<li>Desirability: Naples ranked No. 3 in the U.S. for desirability, meaning a lot of retirees want to live here. A SurveyMonkey poll of 3,500 people factored in the number of entertainment options, restaurants, and other attractions relative to the population size.</li>
<li>Quality of Life: With stunning beaches, a low crime rate, and plenty of recreational opportunities, Naples offers a high standard of living.</li>
<li>Retiree Tax Benefits: Florida has no state income tax, which is a huge financial perk for retirees.</li>
<li>Healthcare: Naples is home to top-rated medical facilities like NCH Baker Hospital, providing excellent healthcare access.</li>
<li>Affordability (Or Lack Thereof): While Naples ranked high in many categories, affordability wasn't one of them. The median home price is $576,169, which is more than double the national average of $281,000, according to Zillow.</li>
</ul>
For decades, Naples has been known as a <a href="https://www.benzinga.com/personal-finance/24/06/39143700/are-you-richer-than-your-peers-the-net-worth-needed-to-be-in-the-top-10-of-your-age">haven for wealthy retirees</a> and seasonal residents, aka "snowbirds." During the winter months, people from colder states flock to the city, filling up golf courses, luxury shopping districts, and waterfront restaurants. Come summer, many of them head back north, leaving Naples quieter—but still stunning.
Trending: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
According to U.S. News, PJ Smith, president of the Naples Area Board of Realtors, spent 20 years as a snowbird before making the move permanent. "First impressions were: fantastic beaches, easy access to the beach, and many options for golf memberships," he told the publication. "Old Naples' Fifth Avenue and Third Street areas are lovely for walking, shopping, and people-watching. Plus, it's very dog-friendly!"
But even paradise has its downsides. Traffic congestion spikes in winter, and the high cost of living makes it challenging for some <a href="https://www.benzinga.com/personal-finance/24/12/42275692/the-average-retiree-has-a-net-worth-of-1-79-million-are-you-ahead-of-the-curve">retirees on fixed incomes</a>. While Naples ranks high for desirability and lifestyle, some may find better affordability elsewhere.
Florida homeowners also face some of the highest insurance premiums in the country. In 2024, the average cost of homeowners insurance in Florida was reportedly $10,996, according to local daily newspaper The News-Press.
See Also: Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a>
While Naples may have its appeal—and plenty of people consider it retirement paradise—it's definitely not everyone's cup of tea…or piña colada.&nbsp;
Some retirees prefer the coastal charm of Virginia Beach, Virginia, the culture and top-tier healthcare in New York, or the more affordable housing options in places like Boise, Idaho or Raleigh, North Carolina. Others might find Sarasota offers a similar Florida lifestyle without quite as steep of a price tag. At the end of the day, the best retirement spot comes down to what fits your lifestyle, priorities, and, of course, your wallet. A <a href="https://www.benzinga.com/money/are-you-rich">financial advisor</a> can help you figure out where your dream retirement actually makes sense—whether that's Naples or somewhere you never even considered.
Read Next:
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<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
<li><a href="https://www.benzinga.com/money/suze-orman-retirement-bucket">&#8216;Which Bucket Do I Draw From First?&#8217; Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts</a></li>
</ul>

White Sand, Warm Weather, And No State Income Tax — This Wealthy Florida Town Is Ranked As The Top Retirement Destination

Rock star Sheryl Crow is parting ways with her Tesla vehicle, expressing her disapproval of CEO Elon Musk&#8216;s politics.
What Happened: Crow posted a <a href="https://www.instagram.com/p/DGEf88eBMVX/?hl=en">video</a> on Instagram last Friday, bidding farewell to her black Tesla. She hinted at her displeasure with Musk&#8217;s political ties in the caption, stating, &#8220;There comes a time when you have to decide who you are willing to align with. So long Tesla.&#8221;
Musk, who is presently leading the Department of Government Efficiency (DOGE) under President Donald Trump&#8216;s administration, has been under fire from Trump critics for his role.
DOGE&#8217;s emphasis on cutting federal expenditure, particularly on DEI initiatives, has led to multiple lawsuits and public backlash.
Also Read: <a href="https://www.benzinga.com/tech/25/02/43581767/elon-musks-former-employees-warn-federal-workers-about-long-hours-firings-and-much-more">Elon Musk&#8217;s Former Employees Warn Federal Workers About Long Hours, Firings, And Much More</a>
In addition, Crow disclosed her monetary support for NPR, which is under political threat from Rep. Marjorie Taylor Greene (R-Ga.) and others. &#8220;Money donated to @npr, which is under threat by President Musk, in hopes that the truth will continue to find its way to those willing to know the truth,&#8221; Crow stated.
Why It Matters: This incident underscores the growing influence of political affiliations on consumer choices. 
Crow&#8217;s decision to discontinue her association with Tesla due to Musk&#8217;s political leanings reflects a broader trend where consumers are increasingly aligning their purchasing decisions with their political and social values. 
This could potentially impact the brand image and market position of companies like Tesla, whose leaders are actively involved in political matters.
Read Next
<a href="https://www.benzinga.com/general/social-media/25/02/43579276/elon-musk-plans-reinstatement-of-doge-employee-fired-over-social-media-posts" target="_blank" rel="noreferrer noopener">Elon Musk Plans Reinstatement of DOGE Employee Fired Over Social Media Posts</a>
Image: Shutterstock

Entertainment

TSLA

Sheryl Crow Ditches Tesla Over Elon Musk's DOGE and Trump Ties

Bank of America strategists are warning of a potential 40% crash in the S&amp;P 500, attributing it to a growth-stock bubble.
What Happened: The bank&#8217;s strategists, earlier this week, drew a comparison between the current market scenario and the notorious&nbsp;&#8220;Nifty Fifty&#8221; and &#8220;dot-com&#8221; bubbles&nbsp;of the 1960s and late 1990s. 
They highlighted the similarities between these periods and the present market, hinting at a possible impending fallout.
As per the report <a href="https://www.businessinsider.com/stock-market-crash-growth-bubble-ai-dotcom-nifty-fifty-sp500-2025-2">by</a> Insider, the crux of the bank&#8217;s argument lies in the market&#8217;s concentration levels. The market cap of U.S. stocks is 3.3 standard deviations away from the historical average, when compared to the rest of the world. The top five stocks in the S&amp;P 500 now make up 26.4% of the index.
Jared Woodard of Bank of America cited passive investing as a major factor for this market concentration.&nbsp;&#8220;Passive funds dominate with 54%&nbsp;market share,&#8221; Woodard stated. He cautioned that ignoring valuations and fundamentals could result in a significant risk during a bust cycle.
Also Read: <a href="https://www.benzinga.com/25/02/43586493/jpmorgan-bofa-equifax-honda-block-and-many-more-may-get-relief-after-cfpb-dissolution-as-director-vought-halts-activities-maryland-senator-says-will-ensure-the-body-continues-to-fight-for-consumers">JPMorgan, BofA, Equifax, And Others May Get Relief After CFPB Dissolution</a>
Woodard&#8217;s predictions are in line with recent perspectives from strategists at other leading Wall Street banks. Both Mike Wilson of Morgan Stanley and David Kostin of Goldman Sachs have predicted a decade of flat returns for the S&amp;P 500.
Despite the pessimistic forecast, the bank offered a strategy to evade a potential bear market. This involves monitoring the S&amp;P 500 equal-weight index, investing in quality stocks with lesser&nbsp;exposure to the Magnificent Seven&nbsp;stocks, and diversifying holdings.
Why It Matters
Investors and market watchers have been increasingly concerned about the high concentration levels in the S&amp;P 500. The dominance of a few stocks, often referred to as the &#8216;Magnificent Seven&#8217;, has raised questions about the overall health and stability of the market. This warning from Bank of America underscores these concerns and highlights the potential risks associated with a highly concentrated market.
The bank&#8217;s comparison of the current market situation with past market bubbles serves as a stark reminder of the potential consequences. The &#8216;Nifty Fifty&#8217; and &#8216;dot-com&#8217; bubbles led to significant market corrections and investor losses. The possibility of a similar fallout in the current scenario could have serious implications for investors.
While the bank&#8217;s strategy offers a potential way to navigate the situation, it underscores the need for careful investment strategies and risk management in the current market environment.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/02/43521806/deepseeks-hedge-fund-owner-had-multiple-top-projects-before-creating-the-firm-that-fueled-1-trillion-market-cap-erosion-of-ai-stocks" target="_blank" rel="noreferrer noopener">DeepSeek's Hedge Fund Owner Had Multiple Top Projects Before Creating The Firm That Fueled $1 Trillion Market Cap Erosion Of AI Stocks</a></li>
</ul>
Image: Shutterstock

Bank of America Foresees Possible 40% S&P 500 Plunge Due To Growth-Stock Bubble

President Donald Trump&#8216;s refusal to offer an early 2028 presidential endorsement for Vice President JD Vance has heightened speculation about who might lead the next GOP ticket.
What Happened: In a recent interview, President Trump did not confirm&nbsp;Vice President Vance as his&nbsp;automatic successor for the 2028 presidential election.
Trump, who will be term-limited in 2028, acknowledged Vance&#8217;s abilities but did not commit to endorsing him as his successor. He suggested that there are numerous competent individuals and that it is premature to make a decision.
Vance, at 40, has been a prominent figure in Trump&#8217;s administration, leading significant initiatives and representing the U.S. at international events. Despite Trump&#8217;s reluctance, Vance is generally considered a potential&nbsp;future leader of the MAGA&nbsp;movement.
Also Read: <a href="https://www.benzinga.com/news/25/02/43581792/mary-trump-slams-uncle-says-president-isnt-just-destroying-democracy-hes-handing-unchecked-power-to-people-like-elon-musk">Mary Trump Slams Uncle, Says President &#8216;Isn&#8217;t Just Destroying Democracy, He&#8217;s Handing Unchecked Power to People Like Elon Musk&#8217;</a>
Other potential Republican successors to Trump include&nbsp;Secretary of State Marco Rubio, Florida Gov. Ron DeSantis,&nbsp;Homeland Security Secretary Kristi Noem, Virginia Gov. Glenn Youngkin, entrepreneur Vivek Ramaswamy, and Texas Gov. Greg Abbott.
Although the next presidential race is still four years away, Trump is anticipated to announce his&nbsp;endorsement shortly after the midterms&nbsp;next year.
Why It Matters: The endorsement from a sitting president can significantly influence the political trajectory of potential successors. Trump&#8217;s hesitation to endorse Vance may impact the latter&#8217;s political standing within the Republican party and the MAGA movement. T
his development could also open up the field for other potential successors, leading to a more competitive race for the 2028 Republican nomination.
Read Next
<a href="https://www.benzinga.com/news/25/02/43581549/billionaire-sports-owners-could-lose-tax-benefits-under-trumps-new-proposal">Billionaire Sports Owners Could Lose Tax Benefits Under Trump&#8217;s New Proposal</a>
Image: Shutterstock

Vance? Rubio? Noem? Here's Who Might Top the GOP Ticket in 2028

A significant surge is anticipated for an altcoin that has already seen a 920% increase within a month. The same analyst also shares his insights on Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>) and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What Happened: Crypto analyst&nbsp;Ali Martinez&nbsp;expressed his bullish predictions for OnyxCoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">XCN</a>), a&nbsp;utility token of the Onyx&nbsp;layer-3 blockchain. Martinez suggests that XCN, currently&nbsp;in a descending triangle pattern, is bracing for another significant price surge.
In technical analysis, a descending&nbsp;triangle is often seen as a bullish indicator if the asset&#8217;s price&nbsp;breaks out from above the&nbsp;descending trend line. At present,&nbsp;XCN is trading at $0.0247, a 920% rise from its&nbsp;January 16th low of $0.00242.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/OnyxCoin?src=hash&amp;ref_src=twsrc%5Etfw">#OnyxCoin</a> <a href="https://twitter.com/search?q=%24XCN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XCN</a> has surged 2,656% since late December and is now consolidating within a descending triangle, potentially gearing up for the next leg up! <a href="https://t.co/zSAbLnOK4K">pic.twitter.com/zSAbLnOK4K</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1889820782488068177?ref_src=twsrc%5Etfw">February 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Martinez also turned his focus to Cardano, stating that ADA is reflecting a pattern that previously triggered a 2,600% rally.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43076996/forget-dogecoin-and-shiba-inu-this-altcoin-expected-to-skyrocket-by-116-before-end-of-this-cycle">Forget Dogecoin And Shiba Inu &#8211; This Altcoin Expected To Skyrocket By 116% Before End Of This Cycle</a>
 He predicts that this&nbsp;could soon lead to a&nbsp;parabolic rally for Cardano, potentially hitting&nbsp;a price of around $15,&nbsp;an estimated increase of about 1,820% from its current level.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Looking back at history, <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a> seems to be repeating the same pattern from 2020 to 2021 at a slower pace, which could soon lead to a parabolic rally! Go to <a href="https://twitter.com/SimpleFXcom?ref_src=twsrc%5Etfw">@SimpleFXcom</a> via my link <a href="https://t.co/GLjkpQvNJr">https://t.co/GLjkpQvNJr</a>, claim the $5,000 bonus, and get some before it&#39;s too late! <a href="https://t.co/5aJn6aQjKC">pic.twitter.com/5aJn6aQjKC</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1889784292299219321?ref_src=twsrc%5Etfw">February 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On the other hand, Martinez cautions that Bitcoin is encountering strong&nbsp;resistance at the price of&nbsp;$97,350. He indicates that if Bitcoin adjusts to around the $92,110 level, it could be susceptible to a sharp fall, considering the weak support below $92,110.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most important resistance level for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is at $97,530. However, support below $92,110 is weak, as there's a gap between $90,000 and $70,000. <a href="https://t.co/yW575BOBKk">pic.twitter.com/yW575BOBKk</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1889857525014470933?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The predictions made by Martinez have significant implications for the crypto market. The potential surge in OnyxCoin and Cardano could attract more investors and possibly lead to a shift in market dynamics. 
However, the predicted downfall of Bitcoin could result in a market downturn, affecting investor sentiment and overall market stability. 
These predictions underscore the volatile nature of the crypto market and the need for investors to stay informed and vigilant.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39125451/crypto-trader-says-these-two-meme-coins-are-set-to-spike-and-neither-of-them-are-dogecoin-" target="_blank" rel="noreferrer noopener">Crypto Trader Says These Two Meme Coins Are Set To Spike — And Neither Of Them Are Dogecoin Or Shiba Inu</a>
Image: Shutterstock

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

Cryptocurrency

$ADA

$BTC

$XCN

Crypto Analyst Predicts More Gains for Altcoin That Skyrocketed 920% in Just One Month

Robert Kiyosaki is warning of an impending market crash and massive layoffs, and urging people to prepare <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43219306/robert-kiyosaki-foresees-bitcoin-surpassing-us-dollar-as-good-money">rather than pretend</a>.
What Happened:&nbsp;Last week, Kiyosaki took to X to express his concerns about the economic future. He predicted an acceleration in layoffs, with President Donald Trump set to eliminate 65,000 jobs. He also mentioned that oil companies and car manufacturers like Nissan and Volkswagen are laying off thousands of workers due to a contracting economy.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">LAY OFFS to accelerate. Trump to eliminate 65000 jobs. Even oil companies laying off thousand of workers because the economy is contracting. Car companies such as Nissan and Volkswagen laying thousands of workers. It's not going to be a soft landing. STOP DREAMING. Prepare…
&mdash; Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1889918470227370045?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
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Kiyosaki, known for his financial literacy advocacy, further warned of a possible depression and war. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43423389/robert-kiyosaki-predicts-gold-silver-bitcoin-crash-over-trumps-tariffs-says-its-a-buying-moment">Robert Kiyosaki Predicts Gold, Silver, Bitcoin Crash Over Trump&#8217;s Tariffs—Says It&#8217;s A Buying Moment</a>
He emphasized the importance of preparation over pretense, advising his followers to&nbsp;stop listening to government officials&nbsp;promising a &#8220;soft landing&#8221;.
Why It Matters:&nbsp;Kiyosaki&#8217;s tweet comes at a time of economic uncertainty, with many industries facing layoffs due to the contracting economy. 
His warning about a potential market crash and depression resonates with many who are concerned about the future. 
His advice to prepare rather than pretend underscores the seriousness of the situation and his belief in the importance of financial education and preparedness.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42804530/robert-kiyosaki-predicts-massive-market-crash-save-gold-silver-bitcoin-crash-is-here" target="_blank" rel="noreferrer noopener">Robert Kiyosaki Predicts Massive Market Crash: ‘Save Gold, Silver, &amp; Bitcoin, Crash Is Here&#8217;</a>
Image: Shutterstock

Robert Kiyosaki Predicts Wall Street Crash and Layoffs: 'Prepare for Market Crash, Depression and War'

A Silicon Valley millionaire recently called "The Ramsey Show" with a <a href="https://www.youtube.com/watch?v=xaZmccCwKZc">question</a>: should he buy a $250,000 Lamborghini Huracán? The 39-year-old has a net worth of $3.66 million, built through hard work and successful company acquisitions. Earning $300,000 a year with a 30% bonus, he can afford the car, but wanted Dave Ramsey's take.
Ramsey didn't immediately dismiss the idea but instead posed some key considerations before making such a big purchase.
<h2 class="wp-block-heading">Ramsey's Rule for Big Purchases</h2>
Ramsey, a self-proclaimed &#8220;car nut,&#8221; follows a general rule for vehicle purchases. As he says, &#8220;You do not want to own all the things you have with motors or wheels to be more than about half your annual income.&#8221;
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In this case, the Lamborghini exceeds that threshold, though Ramsey noted it's not a strict rule. Instead, he introduced what he calls the &#8220;burn the money&#8221; test.
<h2 class="wp-block-heading">The &#8220;Burn The Money&#8221; Test</h2>
Ramsey explained to the caller what he and his wife Sharon do in case something &#8220;feels kind of like a weird large purchase.&#8221; They ask themselves, &#8220;If I took this much money and set fire to it, does my life change?&#8221;
If the answer is yes, then it's too expensive. Given the caller's net worth, Ramsey acknowledged that losing $250,000 wouldn't be catastrophic. However, he pointed out that luxury cars depreciate quickly.
&#8220;The 250 is going to be worth 150 in 20 minutes. You know that, right? We already established 450 turned into 250.&#8221; Even though the car had already depreciated significantly, <a href="https://www.benzinga.com/personal-finance/25/01/43039835/dave-ramsey-breaks-down-how-a-40000-car-depreciates-by-16000-over-5-years-says-its-not-a-path-to-prosperity-even-on-an-80000-salary">its value would continue to drop</a>.
Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>
Ramsey's biggest hesitation came from the caller's mortgage—$739,000 at a 6.74% interest rate. He strongly advised <a href="https://www.benzinga.com/personal-finance/24/12/42691699/i-dont-borrow-money-says-dave-ramsey-even-if-the-offer-is-1-billion-at-0-interest-for-the-next-decade">clearing that debt first</a>. &#8220;Before we buy toys, we grow up and pay off the mortgage.&#8221; The caller had enough in his <a href="https://www.benzinga.com/money/open-brokerage-account">brokerage account</a> to pay off his house and still afford the car while maintaining his net worth.
<h2 class="wp-block-heading">Who Are You Buying the Car For?</h2>
And lastly, Ramsey also asks himself this: &#8220;If no one ever sees this car and only I see it and enjoy it, do I still want it?&#8221; If the answer is yes, then the purchase might be justified. If it's about impressing others, that's a red flag. The caller agreed.&nbsp;
So, is a $250,000 Lamborghini a bad idea? Not necessarily. But as Ramsey suggests, make sure you're not making the purchase at the expense of financial stability.
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Silicon Valley Millionaire Asks Dave Ramsey If He Should Buy A $250,000 Lamborghini—Here's What 'Car Nut' Ramsey Always Asks Himself

The Office of the <a href="https://www.benzinga.com/markets/25/01/43219362/bank-of-americas-sensitive-customer-data-compromised-in-third-party-hack-is-your-account-safe">Maine Attorney General</a> announced that in a significant cybersecurity breach, the personal, medical and financial records of more than 569,000 Americans have been exposed.
What Happened: The California-based non-profit organization NorthBay Healthcare Corporation fell victim to an external system breach. The unauthorized entity infiltrated the firm&#8217;s computer systems from January 11 to April 1, 2024.
According to the <a href="https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/88fc9df0-3e37-449b-81ca-4f5dfebb7385.html">report</a> by the Office of the Maine Attorney General, the breach laid bare sensitive data such as names, birthdays, Social Security numbers, passport numbers, financial account numbers, medical and biometric information, health insurance details, driver's license numbers, and state or other government-issued identification numbers.
The intruders also procured&nbsp;usernames and passwords, credit or&nbsp;debit card numbers, expiration dates,&nbsp;security codes,&nbsp;and personal identification numbers (PINs).
Also Read: <a href="https://www.benzinga.com/news/25/02/43424074/td-bank-confirms-data-breach-account-numbers-and-sensitive-customer-info-exposed">TD Bank Confirms Data Breach: Account Numbers and Sensitive Customer Info Exposed</a>
NorthBay Health&nbsp;has since overhauled its security protocols to avert future data breaches. The firm is also advising affected customers to keep a close eye&nbsp;on their credit reports and&nbsp;account statements, offering a complimentary&nbsp;one-year membership to Experian IdentityWorks.&nbsp;
Currently, the firm has&nbsp;not detected any misuse of&nbsp;its customer data for fraudulent activities or identity theft.
Why It Matters:&nbsp;This incident underscores the growing threat of cyber attacks on healthcare institutions, which often hold a wealth of sensitive information. 
The breach at NorthBay Health is a stark reminder of the importance of robust cybersecurity measures in protecting such critical data. 
The incident also highlights the potential risks to individuals whose personal information is exposed in such breaches, including the possibility of identity theft and financial fraud.
Read Next
<a href="https://www.benzinga.com/news/24/10/41305389/major-banks-suffer-data-breaches-how-safe-is-your-information">Major Banks In US Suffer Data Breaches: How Safe Is Your Information?</a>
Image: Shutterstock

Tech

Massive Data Breach Exposes Americans' Financial Details — Names, Card Numbers, PINs and More at Risk

The perfect storm of Registered Investment Advisor (RIA) mergers and acquisitions (M&amp;A) is only growing stronger. According to a <a href="https://clearingcustody.fidelity.com/app/literature/report/9887538/fidelity-wealth-management-ma-transaction.html">new study</a> by Fidelity Investments, 2015 saw 89 RIA M&amp;A deals, while last year saw a whopping 233.
Over the same decade, the value of acquired assets grew from $130 billion to almost $670 billion. This growth happened despite the spike in interest rates over that time.
The reasons are clear: advisory owners are growing older and looking for an exit strategy that lets them cash out and retire.
What is changing, according to Fidelity, is how buyers are acting, and who they&#8217;re buying. Acquirers are becoming much more active in setting up a growth path for the RIAs they buy and merge. RIAs with more than $1 billion in client assets are beginning to get bought up too and lots of new buyers are making moves recently.
But it&#8217;s the serial acquirers that continue to lead the pack. Focus Financial, for example, closed 21 RIA M&amp;A deals last year across its affiliates, while Wealth Enhancement Group bought 12 and Waverly advisors 10.
Clearly, there&#8217;s a lot of appetite out there for buying and consolidating the RIA space.
Appetite is so high, in fact, that last October was the strongest ever month for RIA M&amp;A, Fidelity reports. This is down to deals taking about seven to nine months to close. So targets that get identified at the beginning of a year will end up acquired toward the end of that year.
Second, the presidential campaign included ideas about changing the tax treatment of unrealized capital gains, which may have pushed companies to close their deals before the New Year.
With that now looking less likely and interest rates down, it seems this RIA M&amp;A wave isn&#8217;t going away anytime soon. Small and large RIAs should take note, decide if they want to join in, and if so, work to increase transparency, reduce revenue risks and develop clear plans for how to support and grow revenue streams, including through reaching new, younger clients.
Photo: Shutterstock

Financial Advisors

RIA Acquisitions Are At Record Highs - Here's Why

The week was a rollercoaster for the auto industry, with President Donald Trump hinting at potential tariffs on automobiles, and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares taking a hit. Meanwhile, Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) CEO Dara Khosrowshahi expressed optimism for a partnership with Tesla, and Elon Musk&#8217;s Boring Company announced plans for a Dubai Loop. Lastly, Musk&#8217;s SpaceX Starbase facility is on its way to becoming an official city. Here&#8217;s a closer look at these stories.
Trump Eyes Auto Industry for Next Tariff Move
President Donald Trump suggested the possibility of imposing tariffs on automobiles, hinting at a move as early as April 2. This continues his aggressive trade policy, with the auto industry being his next target.
<a href="https://www.benzinga.com/tech/25/02/43755055/tesla-ford-gm-in-focus-after-tariffs-on-china-mexico-and-canada-trump-now-eyes-auto-industry-for-next-move">Read the full article here.</a>
Tesla&#8217;s Stock Takes a Dive
Tesla&#8217;s stock has plunged over 25% from its December peak, and analysts, including Fundstrat&#8217;s Mark Newton, believe it hasn&#8217;t bottomed out yet. Newton predicts another downward move in the next one or two weeks, potentially tumbling 12% below current levels.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43726337/tsla-stock-has-plunged-over-25-from-its-december-peak-and-this-analyst-says-it-has-not-bottomed-yet-one-more-move-down-which-could-happen-over-the">Read the full article here.</a>
Uber CEO Hints at Tesla Partnership
Uber CEO Khosrowshahi expressed optimism for a potential partnership with Tesla, where Tesla would deploy its autonomous vehicles on Uber&#8217;s platform. Khosrowshahi stated that he does not wish to compete against Tesla or Musk, if possible.
<a href="https://www.benzinga.com/25/02/43724986/uber-ceo-looks-forward-to-tesla-partnership-for-robotaxis-no-one-wants-to-compete-against-tesla-or-elon">Read the full article here.</a>
Musk&#8217;s Boring Company to Build Dubai Loop
The Boring Company has entered into a Memorandum of Understanding with the Roads and Transport Authority of Dubai to build a loop system in Dubai. The project, dubbed Dubai Loop, will initially be capable of transporting over 20,000 passengers per hour.
<a href="https://www.benzinga.com/25/02/43723200/billionaire-elon-musks-boring-company-to-resolve-traffic-outside-us-with-its-loop-system-but-without-a-deadline">Read the full article here.</a>
SpaceX&#8217;s Starbase to Become a New City
SpaceX&#8217;s Starbase facility will &#8220;soon&#8221; be an official new city, according to CEO Musk. This follows Cameron County Judge Eddie Treviño, Jr.&#8217;s order for an election for the incorporation of Starbase as a Type-C municipality.
<a href="https://www.benzinga.com/general/space/25/02/43686003/spacex-ceo-elon-musk-says-starbase-will-soon-be-a-new-city-after-cameron-county-judge-orders-incorporation-election">Read the full article here.</a>
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Image generated using Dall-E
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

UBER

Trump's Auto Tariffs, Tesla's Stock Plunge, Uber's Tesla Partnership, Musk's Dubai Loop And Starbase City

The&nbsp;United States&nbsp;and the&nbsp;United Kingdom&nbsp;declined to sign a global AI safety declaration at the&nbsp;AI Action Summit&nbsp;in Paris,&nbsp;marking a departure&nbsp;from previous AI summits where they&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43646841/us-and-uk-did-not-sign-ai-safety-pact-at-paris-summitvice-president-jd-vance-says-excessive-regulation-could-kill-the-industry" rel="noreferrer noopener">had supported similar agreements</a>.
Earnings Results
Lyft Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) reported&nbsp;fourth-quarter&nbsp;revenue of&nbsp;$1.6 billion, beating analyst estimates of&nbsp;$1.56 billion and&nbsp;net income of&nbsp;$61.7 million, versus a loss of&nbsp;$26.3 million&nbsp;<a target="_blank" href="https://www.benzinga.com//node/43641962" rel="noreferrer noopener">in the prior&nbsp;year's&nbsp;quarter</a>.&nbsp;
Technology &amp; Network
Elon&nbsp;Musk's&nbsp;X&nbsp;has reportedly agreed to a $10 million settlement in a&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/02/43680987/elon-musks-x-to-pay-trump-10-million-over-twitter-ban-after-zuckerbergs-meta-coughed-up-25-million-who-else-is-left" rel="noreferrer noopener">lawsuit initiated by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/legal/25/02/43680987/elon-musks-x-to-pay-trump-10-million-over-twitter-ban-after-zuckerbergs-meta-coughed-up-25-million-who-else-is-left" rel="noreferrer noopener">Donald Trump</a>.
T-Mobile U.S. Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) offered free access to its satellite-to-cell beta service, powered&nbsp;<a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">by&nbsp;</a><a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">SpaceX's&nbsp;Starlink</a><a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">, for all users</a>.
Tubi&nbsp;is offering a free live stream of Super Bowl LIX, but if&nbsp;you're&nbsp;trying&nbsp;to cast it to your TV using&nbsp;Chromecast (Google Cast),&nbsp;it's&nbsp;<a href="https://www.benzinga.com/general/entertainment/25/02/43583335/cant-watch-super-bowl-lix-on-chromecast-via-tubi-the-issue-lies-in-the-app-not-google" target="_blank" rel="noreferrer noopener">reportedly not working&nbsp;as expected</a>.
Alphabet&nbsp;Inc.&#8217;s&nbsp;Google&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) confirmed that its annual developer conference, Google I/O 2025, will take place on May 20-21 at the Shoreline&nbsp;<a href="https://www.benzinga.com/25/02/43649987/google-io-2025-officially-set-for-may-20-21-heres-what-to-expect-from-ai-breakthroughs-to-the-future-of-android-and-pixel-9a" target="_blank" rel="noreferrer noopener">Amphitheater in Mountain View, California</a>.
Smartphones
Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rolled out&nbsp;iOS 18.3.1&nbsp;and&nbsp;iPadOS 18.3.1&nbsp;updates. The updates address a vulnerability that could disable USB Restricted&nbsp;<a href="https://www.benzinga.com/25/02/43613306/ios-1831-released-with-critical-security-fix-apple-confirms-usb-restricted-mode-vulnerability-was-actively-exploited" target="_blank" rel="noreferrer noopener">Mode on locked devices, said Apple</a>.
Apple is reportedly ramping up its recruitment efforts for its home robotics division. In his latest weekly&nbsp;&#8220;Power On&#8221;&nbsp;newsletter, Bloomberg columnist&nbsp;Mark Gurman&nbsp;said that the company has posted several job listings for robotics&nbsp;<a href="https://www.benzinga.com/media/25/02/43583398/top-analyst-says-apple-has-ramped-up-hiring-for-home-robotics-team" target="_blank" rel="noreferrer noopener">specialists over the past few weeks</a>.
Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43583166/apple-watch-users-are-strapping-them-to-their-anklesand-some-people-are-seriously-confused" rel="noreferrer noopener">Apple Watch Users Are Strapping Them To Their Ankles —&nbsp;Here&#8217;s&nbsp;Why&nbsp;Its&nbsp;Leaving Some People Bewildered</a>
Apple played a major role in&nbsp;Super Bowl LIX&nbsp;without overtly advertising its products, a move that YouTuber and reviewer&nbsp;<a href="https://www.benzinga.com/25/02/43613962/apples-super-bowl-lix-strategy-was-discretely-genius-says-youtuber-nikias-molinaheres-how-it-stole-the-spotlight-without-selling-a-single-product" target="_blank" rel="noreferrer noopener">Nikias Molina</a><a href="https://www.benzinga.com/25/02/43613962/apples-super-bowl-lix-strategy-was-discretely-genius-says-youtuber-nikias-molinaheres-how-it-stole-the-spotlight-without-selling-a-single-product" target="_blank" rel="noreferrer noopener">&nbsp;called&nbsp;&#8220;discretely genius.&#8221;</a>
Apple&nbsp;renamed the Gulf of Mexico to the Gulf of America on its Maps app, following an&nbsp;executive order signed&nbsp;by U.S. President&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43647452/apple-follows-trumps-order-renames-gulf-of-mexico-google-already-made-the-change-but-these-two-companies-are-holding-out" rel="noreferrer noopener">Donald Trump</a><a target="_blank" href="https://www.benzinga.com/25/02/43647452/apple-follows-trumps-order-renames-gulf-of-mexico-google-already-made-the-change-but-these-two-companies-are-holding-out" rel="noreferrer noopener">&nbsp;on his first day in office</a>.
Apple&nbsp;quietly rolled out a purchase migration feature, allowing users to consolidate purchases made on a secondary&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43648245/apple-id-switching-no-longer-needed-heres-how-to-migrate-your-apps-music-or-subscriptions" rel="noreferrer noopener">account into their primary one</a>.&nbsp;
Huawei Technologies&nbsp;has found an unconventional way to boost smartwatch sales in China—by&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43615376/apple-watch-dominance-under-new-threat-as-huawei-registers-smartwatch-as-medical-device" rel="noreferrer noopener">registering them as medical devices</a>.
Artificial Intelligence (AI)
Hank Azaria, the iconic voice behind some of&nbsp;&#8220;The Simpsons&#8221;&nbsp;most beloved characters, put artificial intelligence to the test to see if it could accurately replicate his voice—and the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43585322/can-ai-replace-the-voice-of-the-simpsons-hank-azaria-puts-it-to-the-testand-the-results-speak-volumes" rel="noreferrer noopener">results left much to&nbsp;be desired</a>.
OpenAI&#8217;s&nbsp;AI-powered chatbot&nbsp;ChatGPT's&nbsp;rise in web traffic has propelled it past&nbsp;Elon&nbsp;Musk&#8217;s&nbsp;X&nbsp;and&nbsp;Yahoo, making it the sixth most-<a target="_blank" href="https://www.benzinga.com/25/02/43613038/openais-chatgpt-surpasses-elon-musks-x-and-yahoo-to-rank-sixth-most-visited-website-globally-sam-altman-says-still-a-long-way-to-go-to-run-down-google" rel="noreferrer noopener">visited website globally in January 2025</a>.
Jeff&nbsp;Bezos-backed&nbsp;Anthropic&#8217;s&nbsp;Economic Index report on Monday showed that AI adoption is booming in software development and technical writing, while jobs requiring&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43613615/who-is-really-using-ai-jeff-bezos-backed-anthropic-did-a-study-and-this-is-what-they-found" rel="noreferrer noopener">physical labor remain largely unaffected</a>.&nbsp;&nbsp;
OpenAI&#8217;s&nbsp;board has not officially received&nbsp;Elon&nbsp;Musk&#8217;s&nbsp;$97.4 billion takeover bid, despite claims from the&nbsp;Tesla&nbsp;CEO&#8217;s&nbsp;legal&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43646042/elon-musks-97-4-billion-openai-takeover-bid-reportedly-not-received-by-chatgpt-parent-another-one-of-his-tactics-says-sam-altman" rel="noreferrer noopener">team that&nbsp;the offer was sent</a>.
OpenAI is set to streamline its artificial intelligence offerings by phasing out the standalone ‘o3' <a href="https://www.benzinga.com/25/02/43682008/openai-phases-out-standalone-o3-gpt-5-to-offer-unified-aialtman-reveals-vague-release-timelines-after-admitting-we-hate-the-model-picker-as-much-as-you-do" target="_blank" rel="noreferrer noopener">model, said CEO </a><a href="https://www.benzinga.com/25/02/43682008/openai-phases-out-standalone-o3-gpt-5-to-offer-unified-aialtman-reveals-vague-release-timelines-after-admitting-we-hate-the-model-picker-as-much-as-you-do" target="_blank" rel="noreferrer noopener">Sam Altman</a>.
Image: Shutterstock

Equities

Large Cap

AAPL

GOOG

LYFT

TMUS

Consumer Tech News (Feb 10-Feb 14): US & UK Denied Signing Global AI Safety Declaration, Musk To Settle $10 Million Trump Lawsuit & More

Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>)&nbsp; is weighing a shift toward more plastic bottles in the U.S. as new aluminum <a href="https://www.benzinga.com/startups/25/02/43572782/gm-ceo-on-trumps-trade-threats-we-can-adjust-to-anything-automaker-braces-for-25-tariffs-on-popular-cars-made-in-mexico-and-canada">tariffs</a> threaten to drive up production costs.&nbsp;
The 25% tariff, announced by President Donald Trump, <a href="https://www.ft.com/content/12b16867-4e0e-4534-8a00-922665e680aa">takes effect on March 12</a> and applies to foreign steel and aluminum. Since Coca-Cola imports aluminum for its cans from Canada, the company is looking at ways to keep prices stable.
"If aluminum cans become more expensive, we can put more emphasis on PET bottles," Coca-Cola CEO James Quincey told investors in an <a href="https://seekingalpha.com/article/4757080-the-coca-cola-company-ko-q4-2024-earnings-call-transcript">earnings call</a> this week. He acknowledged that packaging costs are just one part of the company's overall expenses but said rising aluminum prices still matter.&nbsp;
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"I think we're in danger of exaggerating the impact of the 25% increase in the aluminum price relative to the total system," Quincey said. "It's not insignificant, but it's not going to radically change a multibillion-dollar U.S. business."
Coca-Cola has been selling more drinks in aluminum cans in recent years as part of its sustainability efforts. Still, in 2023, nearly half (47.7%) of its beverages were packaged in plastic, while aluminum and steel cans made up just 26%, according to the company's most recent <a href="https://www.coca-colacompany.com/content/dam/company/us/en/reports/2023-environmental-update/2023-environmental-update.pdf#page=9">environmental report</a>.&nbsp;
The company had set a goal to make all of its packaging recyclable this year and to use at least 50% recycled content by 2030. But as of last year, only 17% of its PET plastic contained recycled material.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
The tariffs aren't just a concern for beverage companies. Automakers like Ford (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) also rely heavily on aluminum, and CEO Jim Farley warned the new policy could create "blow a hole," in the US auto industry, according to media reports. The tariffs come as part of Trump's broader trade strategy, which this time he says will be enforced "without exceptions or exemptions."
If Coca-Cola does increase its use of plastic, it's likely to draw criticism. The company has repeatedly been named the <a href="https://www.breakfreefromplastic.org/2024/02/07/bffp-movement-unveils-2023-global-brand-audit-results/">world's top plastic polluter</a>. According to Break Free From Plastic's 2023 audit, Coca-Cola produces more than 3 million tons of plastic packaging each year.&nbsp;
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Environmental advocates argue that shifting away from aluminum—despite its higher costs—could make it harder to meet global recycling goals, particularly in areas with limited waste management infrastructure.
Meanwhile, <a href="https://www.benzinga.com/startups/25/02/43463099/donald-trumps-25-tariff-plan-only-tough-measures-will-level-the-playing-field-kevin-oleary-explains-the-strategy">Trump</a> has also moved to bring back plastic drinking straws, <a href="https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-ends-the-procurement-and-forced-use-of-paper-straws/">rolling back federal rules</a> that encouraged paper alternatives. The decision follows complaints from businesses about the cost and durability of paper straws, which many consumers say don't hold up as well as plastic.
Coca-Cola says it remains committed to sustainability despite the challenges. "We aim to collect and recycle a bottle or can for each one sold by 2030," the company said in its sustainability update. In 2023, it reported that 62% of its packaging was collected for recycling or refilled, and 90% was technically recyclable.
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Coca-Cola Warns Trump's Tariffs Could Force It to Use More Plastic – 'If Aluminium Cans Become More Expensive, We Can Shift to PET'

John Goodman has been one of the most recognizable faces in Hollywood since first appearing in "Roseanne" in 1988. The versatile actor has called <a href="https://www.benzinga.com/general/sports/25/01/42771050/new-orleans-beefs-up-security-ahead-of-sugar-bowl-tickets-plummet-to-25-as-fans-leave-town">New Orleans</a> home for over two decades. Things are about to change, though, as Goodman and his wife, Anna Beth, have listed their longtime abode — a historic<a href="https://www.2425coliseum.com/"> Italianate-Greek Revival residenc</a>e — for $5.5 million.
<h2 class="wp-block-heading">Show Biz Pedigreed Home</h2>
The couple, who lost their part-time home in L.A.— purchased in 2007 for $4.7 million — in the <a href="https://www.benzinga.com/real-estate/25/02/43502997/californias-state-run-insurer-of-last-resort-could-be-facing-10b-bill-for-covering-pacific-palisades-and-altadena-fire-claims">Pacific Palisades wildfire</a>, plan to stay in New Orleans, near Anna Beth&#8217;s family. Their current home has some show-biz pedigree, as the Goodmans bought it from Nine Inch Nails frontman Trent Reznor in an off-market deal in 2005 for $1.8 million.
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The grandiose property was built in the mid-1800s and has four bedrooms and five baths over almost 5,000 square feet of living space featuring 14-foot ceilings, intricate plaster medallions, hand-carved millwork, and six fireplaces. Listing agent Hyatt Hood of Berkshire Hathaway HomeServices Preferred Realtors <a href="https://robbreport.com/shelter/celebrity-homes/john-goodman-house-new-orleans-1236196531/">told the Robb Report</a> that the sale was a downsizing move.&nbsp;
&#8220;John and Anna Beth have spent the past 20 years raising their family in this beautiful home, and it has been a truly special place for them,&#8221; he said. &#8220;Now, as empty nesters, they are ready to downsize. Additionally, John&#8217;s busy work schedule keeps him traveling between both coasts and beyond. That said, they absolutely love New Orleans and will continue to maintain a home here—the city remains an important part of their lives.&#8221;
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<h2 class="wp-block-heading">A House Divided</h2>
Like many celebrities, Goodman has long since divided his time between New Orleans, where he lives, and L.A., where he often works. Other celebrities with homes in the Big Easy include Reznor,&nbsp; Lil&#8217; Wayne, Emeril Bagasse, Trent Reznor, Master P, Jennifer Coolidge, <a href="https://www.benzinga.com/real-estate/24/09/40957620/celebrity-property-portfolios-soar-with-bezos-and-oprah-tied-for-the-top-spot">Sandra Bullock</a>, Brad Pitt, and Nicholas Cage. After starting a family, Goodman told <a href="https://www.theguardian.com/culture/2015/apr/05/john-goodman-many-times-i-could-have-gone-under-interview-american-buffalo#:~:text=At%20the%20time%20Roseanne%20really,had%20it,%E2%80%9D%20he%20says.">The Guardian</a> in 2015 that the choice to move away from Hollywood was a no-brainer.
&#8220;I&#8217;d had it with show business, publicity, tabloid stuff – I&#8217;d just had it,&#8221; he said. &#8220;I kind of wanted to get her, my daughter, away from that."&nbsp;
<h2 class="wp-block-heading">A Long And Lucrative Career</h2>
<a href="https://www.therichest.com/celebnetworth/celeb/john-goodman-net-worth/">TheRichest.com</a> puts Goodman&#8217;s net worth at $65 million, accrued over years of long-running TV shows and blockbuster movies, whereas<a href="https://www.thethings.com/john-goodman-football-player-actor-net-worth/"> thethings.com</a> puts it higher at $75 million. Other websites put his net worth at half that amount. He became a fixture in US households playing Dan Connor in "Roseanne," and when he reprised the role in the spin-off "The Conners" in 2018, he was paid<a href="https://www.gobankingrates.com/net-worth/celebrities/the-largest-and-most-surprising-salaries-for-25-tv-actors/#"> $400,000 per episode</a>.
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<h2 class="wp-block-heading">The Demon Drink</h2>
Despite his on-screen success, Goodman has suffered demons off it, telling<a href="https://www.theguardian.com/film/2012/oct/26/john-goodman-argo-ben-affleck"> The Guardian in 2012</a>, of his alcoholism: &#8220;It was 30 years of a disease that was taking its toll on everyone around me, and it had got to the point where, every time I did it, it was becoming more and more debilitating. It was life or death. It was time to stop,&#8221; he said.&nbsp;&nbsp;&nbsp;
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Real Estate

Actor John Goodman Lists His Historic New Orleans Home For $5.5 Million. Here's How The Veteran Actor Made His Fortune

These ten mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares rocketed 97.62% after NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) disclosed a stake of 1.74 million shares in a 13F filing.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) stock escalated 43.45%, probably after President Trump had reportedly postponed tariffs on packages under $800 from China. Additionally, optimism towards China&#8217;s DeepSeek AI model has also lifted stocks recently.</li>
<li>SpringWorks Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWTX#NASDAQ">SWTX</a>) shares jumped 42.58% after announcing Merck KGaA (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MKGAF#OTC">MKGAF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MKKGY#OTC">MKKGY</a>) is in advanced <a href="https://www.benzinga.com//node/43631130" target="_blank" rel="noreferrer noopener">discussions to acquire the company</a>.</li>
<li>Recursion Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) shares increased 40.59%.</li>
<li>Sable Offshore Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOC#NYSE">SOC</a>) stock upped 39.09%.</li>
<li>GeneDx Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) shares rose 28.23%  after the company announced UltraRapid Whole Genome Sequencing, which will deliver actionable <a href="https://www.benzinga.com//node/43692155" target="_blank" rel="noreferrer noopener">results within 48 hours</a>.</li>
<li>VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) stock upped 28.22%, probably amid a possible rebound after falling last week due to AI competition concerns related to China&#8217;s DeepSeek AI model.</li>
<li>Insperity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSP#NYSE">NSP</a>) stock increased 25.99% after the company reported better-than-<a href="https://www.benzinga.com//node/43590222" target="_blank" rel="noreferrer noopener">expected fourth-quarter results</a>.</li>
<li>CRISPR Therapeutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>) stock grew 25.21% after the company reported better-than-<a href="https://www.benzinga.com//node/43639785" target="_blank" rel="noreferrer noopener">expected fourth-quarter financial results</a>. Several analysts raised the price <a href="https://www.benzinga.com/quote/crsp/analyst-ratings" target="_blank" rel="noreferrer noopener">forecast on the stock</a>.</li>
<li>Axsome Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXSM#NASDAQ">AXSM</a>) stock grew 24.01% after the company reached a settlement agreement with Teva Pharmaceutical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>), resolving all patent <a href="https://www.benzinga.com//node/43601535" target="_blank" rel="noreferrer noopener">litigation related to its Auvelity product</a>. Several analysts raised <a href="https://www.benzinga.com/quote/axsm/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
</ol>
Photo via WeRide

Mid Cap

Movers

Trading Ideas

AXSM

CRSP

MKGAF

MKKGY

NVDA

RXRX

SWTX

TEVA

VNET

WeRide, CRISPR And GeneDx Are Among Top 10 Mid-Cap Gainers Last Week (Feb 10-Feb 14): Are The Others In Your Portfolio?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
What do you call a growth stock that isn&rsquo;t growing any more?



The answers are many. You can call it a disappointment. A drain on your portfolio. A bad investment. Any of these are true of F-rated <a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a>, as evaluated by the Portfolio Grader.



And in today&rsquo;s market, you can ill-afford to a bad investment. The market is in some turmoil this summer.



I know it&rsquo;s only temporary, but times like these are when some investors start to panic and make bad decisions &ndash; particularly when they see their hard-earned money start to drain away in a sell-off.



It can be tempting to take a flyer on a stock in a weakened position. In fact, sometimes that can be a very good decision to buy strong growth stocks at a discount. 



You also need to be able to identify those opportunities rather than F-rated growth stocks that have little, if any, hope of bouncing back in the near future.



F-rated growth stocks are typically characterized by weak fundamentals, poor financial health, and inconsistent performance, which can lead to substantial losses. 



They can also be volatile, with extreme price fluctuations driven by speculation rather than solid financial performance.



We&rsquo;re using the Portfolio Grader today to help us identify the worst growth stocks available today, based on factors such as analyst sentiment, growth history, earnings reports and momentum. All of these names are on my list of stocks to avoid today.



<h2>Nio (NIO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/nio1600-2-300x169.png" alt="NIO logo, sign atop of North American headquarters and global software development center in Silicon Valley. NIO is Chinese electric autonomous vehicles manufacturer"><div>Source: Michael Vi / Shutterstock.com</div></div>Chinese EV maker&nbsp;Nio&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/nio-stock-quote/">NIO</a>) has to be one of the most disappointing electric vehicle stocks. I had high hopes at one point that Nio&rsquo;s battery-swapping technology would be a difference-maker and would allow Nio to become a dominant EV company in Asia.



But not any longer. It&rsquo;s hard to have faith in any company that used to trade for $60 a share and now is down closer to $3.



Nio has had a lot of starts and stops. It&rsquo;s getting ready to launch its new mass market EV brand, Onvo, with the first Onvo model, the L60, to debut in September. 



There&rsquo;s also a lot of competition in the Chinese EV space, and Nio will likely be shut out by cars that are selling at a lower price point than the L60, which has a pre-order price of $30,460.



Nio reported delivering 20,498 vehicles in July, which is the third consecutive month that the company delivered more than 20,000 vehicles. But the market is obviously not impressed, as NIO stock is down 60% this year and 33% in the last three months.



Nio gets a &ldquo;D&rdquo; rating for growth and an &ldquo;F&rdquo; rating overall in the Portfolio Grader.



<h2>FuelCell Energy (FCEL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/fcel1600-1-300x169.png" alt="Person holding cellphone with logo of US fuel cell company FuelCell Energy Inc. (FCEL) on screen in front of business webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>FuelCell Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/fcel-stock-quote/">FCEL</a>) manufactures, operates and services Direct Fuel Cell power plants that produce hydrogen. For providers who are looking for a green energy solution, hydrogen is appealing because it produces zero carbon emissions.



It has the potential to be highly efficient in fuel cells by providing more energy per unit of fuel compared to traditional combustion engines.



The company has more than 100 fuel cell plants in operation around the world and has generated more than 15.8 million megawatt-hours of power.



But just because it sounds like a good idea doesn&rsquo;t make something a good investment. Second-quarter revenue was $22.4 million, down from $38.3 million a year ago. FuelCell Energy posted a loss of $7.1 million, or 7 cents per share.



Obviously, growth is not in the cards for FuelCell, despite its efforts to expand its business in the Koren market. There are much better opportunities for investors.



FCEL stock is down 71% so far this year. It gets &ldquo;F&rdquo; ratings for growth and overall in the Portfolio Grader.



<h2>Mullen Automotive (MULN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/01/muln1600-2-300x169.png" alt="In this photo illustration, the Mullen Technologies (MULN) logo is displayed on a smartphone screen"><div>Source: rafapress / Shutterstock.com</div></div>Tell me if you&rsquo;ve heard this one before &ndash; Mullen Automotive (NASDAQ:<a href="https://investorplace.com/stock-quotes/muln-stock-quote/">MULN</a>) stock is below $1 per share again.



This is a sad repeat of a story that&rsquo;s plagued the EV company for the last several months. Mullen actually enacted three reverse stock splits last year, including a 1-for-100 split in December, in a desperate ploy to keep the stock price over $1 and maintain compliance with Nasdaq listing rules.



The cumulative ratio of all these stock splits are 1-for 22,500. And more dilution is on the way, as Mullen announced plans to resell up to <a href="https://www.sec.gov/Archives/edgar/data/1499961/000182912624005041/mullenautomotive_s1.htm#a_004">85 million shares</a> on the conversion of notes and exercise of warrants. 



When Mullen made the announcement there were only 24.85 million shares outstanding. Mullen acknowledged that the transactions could lead to &ldquo;substantial diminution to the value of shares of common stock held by our current stockholders.&rdquo;



Mullen only invoiced for 362 vehicles in six months ending March 31. It posted a net loss of $235 million in that period, while invoicing only $16.3 million.



Mullen stock is trying to make deals to turn things around, but another reverse stock split seems inevitable. MULN stock is down 95% this year and earns a &ldquo;C&rdquo; rating for growth and an &ldquo;F&rdquo; rating overall in the Portfolio Grader.



<h2>SolarEdge Technologies (SEDG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/sedg-stock-1-300x169.jpg" alt="SolarEdge logo on phone with American flag background. SEDG stock"><div>Source: IgorGolovniov / Shutterstock.com</div></div>SolarEdge Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sedg-stock-quote/">SEDG</a>) is another green power company. It makes power optimizers and inverters to help solar panels operate more efficiently.



The primary issue for SolarEdge, however, isn&rsquo;t the quality of its work or the efficiency of its equipment. It&rsquo;s the overall economy that makes solar power investment less appealing right now.



Interest rates remain inflated and the Fed seems stubbornly opposed to providing relief. Solar panels are a significant expense and fewer people are willing to borrow money to convert their homes to solar as long as interest rates remain high.



<a href="https://investors.solaredge.com/static-files/ab9d304f-bfed-4320-95b0-bc5bdee6d0b2">Revenue in the second quarter</a> was $265.4 million, down 73% from a year ago. The company posted a net loss of $130.8 million, a year after posting a profit of $119.5 million.



If interest rates drop, then SolarEdge may return to its growth ways. But that&rsquo;s not happening now. SEDG stock is down 75% this year and gets &ldquo;F&rdquo; ratings for growth and overall in the Portfolio Grader.



<h2>2U (TWOU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/07/twou1600-300x169.png" alt="Person holding smartphone with logo of American educational technology company 2U Inc. on screen in front of web page. Focus on phone display. Unmodified photo. TWOU stock"><div>Source: T. Schneider / Shutterstock.com</div></div>2U (NASDAQ:<a href="https://investorplace.com/stock-quotes/twou-stock-quote/">TWOU</a>) is an educational technology company that works with nonprofit colleges and universities to create online degree and nondegree programs. But it hasn&rsquo;t been a great business model, as many colleges are able to offer online courses without outside help.



The Maryland-based company filed for Chapter 11 bankruptcy in July, after reporting more than $1 billion in debt in the first quarter and only $125 million in cash. 



2U announced a deal with&nbsp;<a href="https://investorplace.com/2024/07/twou-stock-alert-2u-plunges-on-ch-11-bankruptcy-filing/">lenders to cut its debt by 50%</a>, while extending the duration of its loan. It will also receive an additional $110 million in capital from lenders.



TWOU stock is down 95% this year and is approaching $1 per share despite instituting a 1-for-30 reverse stock split this summer. The stock is one to avoid.



TWOU gets &ldquo;F&rdquo; ratings for growth and overall in the Portfolio Grader.



<h2>Dermata Therapeutics (DRMA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/biotechnology1600-300x169.png" alt="Biotechnology stocks, biomedical stocks"><div>Source: aslysun / Shutterstock.com</div></div>Dermata Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/drma-stock-quote/">DRMA</a>) is a clinical-stage biotechnology company based in California. Dermata is focused on creating treatments for skin conditions and diseases.



Its lead drug candidate, DMT310, is in Phase 3 trials for the treatment of acne, rosacea, and psoriasis. It is a once-weekly topical product made from naturally sourced freshwater sponges. DMT310 has been studied for the treatment of acne, rosacea, and psoriasis.



The company says it&rsquo;s enrolled more than 50% of its patients in the trial and hopes to complete enrollment in the second half the year.



The challenge with biotech companies, of course, is that research and development is expensive and companies don&rsquo;t have a revenue stream during the long testing process. Companies are reliant on raising money and acquiring partners during the testing until they can bring a drug to market and start gaining revenue.



For the second quarter, Demata reported having $4.9 million in cash on hand, down from $7.4 million in the previous quarter. The company spent $4.8 million during the quarter on research and company operations, and raised $2.3 million from selling warrants.



The company believes it has sufficient funds to operate into the fourth quarter, so it will have to raise additional money if its going to continue its work.



DRMA stock is down 75% this year and gets a &ldquo;C&rdquo; rating for growth and an &ldquo;F&rdquo; rating overall in the Portfolio Grader.



<h2>Plug Power (PLUG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/plug1600-9-300x169.png" alt="Mobile phone with logo of American hydrogen fuel cell company Plug Power Inc. in front of business website. Focus on center of phone display. Unmodified photo. PLUG stock"><div>Source: T. Schneider / Shutterstock.com</div></div>Plug Power&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/plug-stock-quote/">PLUG</a>) had another bad day this week, as the company posted another disappointing earnings report that missed analysts&rsquo; expectations for both revenue and earnings per share.



The company, which is attempting to build the first commercially viable market for hydrogen fuel cell technology, posted revenue of $143.3 million for the second quarter, down from $260.1 million a year ago. 



The company also posted another <a href="https://www.ir.plugpower.com/press-releases/news-details/2024/Plug-Power-Announces-Key-Developments-and-Strategic-Milestones-in-Second-Quarter-2024/default.aspx">big operating loss</a> of $244.6 million slightly worse than the $233.8 million loss that Plug sustained in the second quarter of 2023. Overall, Plug&rsquo;s loss came in at 36 cents per share. 



Even though Plug has deployed more than 69,000 fuel cell systems and more than 250 fueling stations, I wouldn&rsquo;t call what its doing a viable business. At some point you need to start making money, and Plug isn&rsquo;t anywhere close.



Plug is projecting full-year revenue this year to be between $825 million and $925 million. A year ago it posted revenue of $891 million, so it appears growth this year will be challenging at best.



PLUG stock is down 54% this year and gets &ldquo;F&rdquo; ratings for growth and overall in the Portfolio Grader.



On the date of publication, neither Louis&nbsp;Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://url.us.m.mimecastprotect.com/s/AAadCPNlWWs3yKYns0yRM6?domain=investorplace.com/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) and positions in the securities mentioned in this article.
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