Elis - XLS

Direxion Daily LLY Bear 1X Shares (NASDAQ: ELIS)

Ultime notizie per Direxion Daily LLY Bear 1X Shares (NASDAQ:ELIS)

The Fund, under normal circumstances, invests at least 80% of the Funds net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to LLY, consistent with the Funds investment objective.

Dreyfus Govt Cash Man Ins

Gs Financial Square Treasury Instruments Fund

Dreyfus Trsy Prime Cash Mgmt - In 0 -

Direxion Daily LLY Bear 1X Shares

Eli Lilly

Biotech

Specialty ETFs

Health Care

New ETFs

Tech

Trading Ideas

ETFs

General

ELIL

ELIS

PALD

PALU

PANW

Un&#39;analisi delle nuove strategie finanziarie, con un focus sui pro e contro e sulle aziende coinvolte, per decisioni consapevoli.

ETF a leva: nuove opportunità per trader che amano rischiare

Elis SA

Elisa Oyj

News

CIFR

Reported Earlier, Cipher Mining Sets $150M Senior Notes at 1.75% Interest With Option for Cash or Stock Conversion, Maturity in 2030

The TJX Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) will release its first-quarter earnings results before the opening <a href="https://www.benzinga.com/quote/tjx/earnings">bell on Wednesday, May 22.</a>
Analysts expect the Framingham, Massachusetts-based company to report quarterly earnings at 91 cents per share. That's down from 93 cents per share in the year-ago period. According to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, TJX projects to report quarterly revenue at $13.03 billion, compared to $12.48 billion a year earlier.
On Feb. 26, the company reported that its fourth-quarter FY25 sales remained flat year-on-year to $16.4 billion, beating the analyst consensus estimate of $16.20 billion.
TJX shares fell 0.1% to close at $134.93 on Tuesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/GBX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>TD Securities analyst John Kernan maintained a Buy rating and raised the price target from $140 to $142 on May 20, 2025. This analyst has an accuracy rate of 70%.</li>
<li>JP Morgan analyst Matthew Boss maintained an Overweight rating and raised the price target from $127 to $130 on May 19, 2025. This analyst has an accuracy rate of 68%.</li>
<li>Wells Fargo analyst Ike Boruchow maintained an Equal-Weight rating and increased the price target from $115 to $120 on May 14, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Citigroup analyst Paul Lejuez upgraded the stock from Neutral to Buy and raised the price target from $128 to $140 on April 3, 2025. This analyst has an accuracy rate of 65%.</li>
<li>BMO Capital analyst Simeon Siegel maintained an Outperform rating and increased the price target from $133 to $145 on Feb. 27, 2025. This analyst has an accuracy rate of 75%</li>
</ul>
Considering buying TJX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="594" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21023640/image-252-1024x594.png" alt="" class="wp-image-922221" style="width:669px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21023640/image-252-1024x594.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21023640/image-252-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21023640/image-252-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21023640/image-252.png 1122w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/05/45517463/top-2-risk-off-stocks-that-are-ticking-portfolio-bombs">Top 2 Risk Off Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

Earnings

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

TJX Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Economist Justin Wolfers is once again directing criticism at President Donald Trump, this time taking aim at the administration's sweeping tax and spending bill, which Trump has described as &#8220;one big, beautiful bill.&#8221;
What Happened: Speaking on the TheRickWilson podcast on Tuesday, Wolfers said the current budget being debated includes deep cuts to social safety nets like Medicare and Medicaid, while preserving or expanding benefits for the ultra-wealthy.
&#8220;This one seems to bundle up a whole bunch of things that are going to cause social cost and economic cost to a lot of people,&#8221; he says, adding that it is &#8220;stacked towards the upper end of the upper end of the upper end of the economic food chain.&#8221;
See Also: <a href="https://www.benzinga.com/25/05/45533526/trumps-no-tax-on-tips-agenda-gets-a-boost-as-senate-approves-bill-ted-cruz-praises-presidents-political-genius-for-backing-the-idea">Trump&#8217;s No Tax On Tips Agenda Gets A Boost As Senate Approves Bill, Ted Cruz Praises President&#8217;s &#8216;Political Genius&#8217; For Backing The Idea</a>
The University of Michigan professor later emphasized the kind of impact this type of fiscal policy will have on everyday Americans. &#8220;If you drove yourself to work, you're one of the people who's probably going to get less out of this,&#8221; he said. &#8220;It's just pure reverse Robin Hood.&#8221;
Wolfers argues that budgets aren&#8217;t just economic plans, but rather a &#8220;statement of values&#8221; and ultimately a &#8220;moral statement.&#8221; Referring to the cuts made to Medicare and Medicaid, he says, &#8220;If your values are that you don't want to make sure poor people have health insurance, that's your statement.&#8221;
The economist also warned that the budget's structure could validate recent concerns about U.S. creditworthiness, pointing to <a href="https://www.benzinga.com/markets/25/05/45484954/treasury-secretary-bessent-addresses-moodys-downgrade-and-tariff-impact-n-walmart">Moody's downgrade</a> as a rational response to persistent fiscal instability. 
Rising bond yields will increase borrowing costs significantly, Wolfers says, &#8220;a small percent times a humongous number is a very large number.&#8221;
Why It Matters: Other prominent economists have since weighed in on this bill, echoing similar views. Craig Shapiro posted on X, saying that the bill &#8220;will explode the deficit while enriching the highest decile of Americans at the expense of the lowest decile.&#8221;
&#8220;Another opportunity squandered and further proof that the Republican Party continues to cater to the wealthiest Americans time and time again,&#8221; he says.
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Nice job by the Admin and House Republicans getting ready to try to pass a &quot;Big Beautiful Bill&quot; that will explode the deficit while enriching the highest decile of Americans at the expense of the lowest decile. Another opportunity squandered and further proof that the… <a href="https://t.co/66cJwNwE8m">https://t.co/66cJwNwE8m</a>
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1925005561180942458?ref_src=twsrc%5Etfw">May 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) and Senator&nbsp;Bernie Sanders&nbsp;(I-Vt), alongside several other Democratic leaders, have <a href="https://www.benzinga.com/25/05/45511553/elizabeth-warren-slams-republicans-for-dead-of-night-voting-strategy-on-trumps-big-beautiful-billwhy-hide">denounced the bill</a>, Sanders calling it a "death sentence" for millions of Americans, while offering $235 billion in tax breaks for the wealthiest 0.2%.
According to the Congressional Budget Office (CBO), changes to Medicaid could leave <a href="https://benzinga.com/general/health-care/25/05/45345409/trumps-big-beautiful-bill-banks-on-huge-medicaid-cuts-as-its-cost-saving-centerpiece-see-who-risks-losing-coverage-under-the-gop-proposal">8.6 million people uninsured</a> within a decade. The Democrats have since called it a fresh attempt by the GOP to gut the Affordable Care Act.
The bill does include some provisions Trump campaigned on, such as eliminating <a href="https://www.benzinga.com/25/05/45533526/trumps-no-tax-on-tips-agenda-gets-a-boost-as-senate-approves-bill-ted-cruz-praises-presidents-political-genius-for-backing-the-idea">federal taxes on tips and overtime</a> pay, which is finding support.
Photo Courtesy: Joshua Sukoff On Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45534539/social-security-full-retirement-age-shift-means-filing-at-62-could-chop-your-check-by-30-what-every-worker-born-in-1960-or-later-must-know">Social Security Full Retirement Age Shift Could See Your Check Chopped By 30% — What Everyone Born In 1960 Or Later Must Know</a></li>
</ul>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Live with Justin Wolfers" width="500" height="281" src="https://www.youtube.com/embed/lwMz0NOa3fo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>

Government

Trump's 'One Big, Beautiful Bill' Slammed As 'Reverse Robin Hood' By Economist Justin Wolfers — Takes From The Poor, To Give To The Rich

LAES

WKEY

WISeKey Unveils WISe.ART 3.0: A Secure, Intelligent Web3 Marketplace Linking Digital Twins To Physical Artifacts

Cool Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLCO#NYSE">CLCO</a>) reported quarterly sales of $85.55 million which beat the analyst consensus estimate of $81.67 million by 4.75 percent. This is a 2.70 percent increase over sales of $83.30 million the same period last year.

CLCO

Cool Co Q1 Sales $85.55M Beat $81.67M Estimate, Net Income $9.1M Down From $29.4M YoY

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) to report quarterly earnings at $1.65 per share on revenue of $24.32 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Target shares slipped 0.01% to $98.11 in after-hours trading.</li>
<li>Palo Alto Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) posted better-than-expected earnings for its third quarter on Tuesday. The company also raised its full-year 2025 guidance. The company now expects full-year revenue of $9.17 billion to $9.19 billion, up from prior guidance of $9.14 billion to $9.19 billion. The company now anticipates full-year adjusted earnings of $3.26 to $3.28 per share, up from prior guidance of $3.18 to $3.24 per share, per Benzinga Pro. Palo Alto shares fell 3.9% to $186.92 in the after-hours trading session.</li>
<li>Analysts are expecting Lowe&#8217;s Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) to post quarterly earnings at $2.88 per share on revenue of $20.96 billion. The company will release earnings before the markets open. Lowe&#8217;s shares rose 0.1% to $231.50 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) posted stronger-than-expected earnings and sales results for the second quarter. The company reported quarterly earnings of $3.50 per share, which beat the analyst consensus estimate of $2.92 by 19.86%. Quarterly revenue came in at $2.71 billion, which beat the Street estimate of $2.48 billion. Toll Brothers shares climbed 5.1% to $109.81 in the after-hours trading session.</li>
<li>Analysts expect The TJX Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) to report quarterly earnings at 90 cents per share on revenue of $12.99 billion before the opening bell. TJX shares fell 0.3% to $134.50 in after-hours trading.</li>
</ul>
Check This Out: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/05/45517463/top-2-risk-off-stocks-that-are-ticking-portfolio-bombs">Top 2 Risk Off Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

Target, Lowe's And 3 Stocks To Watch Heading Into Wednesday

ALGT

Allegiant Announces Five New Nonstop Routes With One-Way Fares Starting At $39 To Underserved Cities Across Eight Markets

Golden Ocean Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGL#NASDAQ">GOGL</a>) reported quarterly losses of $(0.19) per share which missed the analyst consensus estimate of $(0.16) by 18.75 percent. This is a 165.52 percent decrease over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $141.93 million which beat the analyst consensus estimate of $119.25 million by 19.02 percent. This is a 42.48 percent decrease over sales of $246.74 million the same period last year.

Earnings Beats

Earnings Misses

GOGL

Golden Ocean Group Q1 Adj. EPS $(0.19) Misses $(0.16) Estimate, Sales $141.93M Beat $119.25M Estimate

Macro Economic Events

Econ #s

Economics

U.K. Consumer Price Index (YoY) For April 3.5% Vs. 3.3% Est.; 2.6% Prior

U.K. Consumer Price Index (MoM) For April 1.2% Vs. 1.1% Est.; 0.3% Prior

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk believes Tesla owners would be able to add their vehicles to the company's fleet of self-driving cars, as he says no to any potential deal with Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).
What Happened: "We have millions of cars that will be able to operate autonomously. And I should say that it&#8217;s a combination of a Tesla-owned fleet and also enabling Tesla owners to be able to add or subtract their car to the fleet," Musk said in an <a href="https://www.cnbc.com/video/2025/05/20/tesla-ceo-elon-musk-theres-no-need-for-tesla-to-buy-uber.html">interview</a> with CNBC's David Faber.
Musk believes that it could be a mix of Uber and Airbnb Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), where Tesla owners could add their cars to the autonomous fleet and earn money.
"Tesla has all the ingredients necessary to offer a vast self-driving fleet, overnight," Musk said in the interview, reiterating the company's FSD technology's capabilities.
Why It Matters: The interview and Musk's comments outlined the billionaire's vision for the company's future, which focuses heavily on FSD and autonomous driving.
Musk also shared that next month's <a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once">Robotaxi launch in Austin</a> is going ahead as planned and could be ramped up to over 1,000 vehicles within the next few months and hundreds of thousands by the end of next year, "if not a million," he said.
Elsewhere, Uber CEO Dara Khosrowshahi <a href="https://www.benzinga.com/25/05/45467794/uber-ceo-dara-khosrowshahi-says-he-isnt-worried-about-teslas-robotaxis-transportation-is-a-trillion-plus-dollar-industry">brushed off any concerns </a>about Tesla&#8217;s autonomous driving capabilities. &#8220;You could argue that rideshare is going to finally beat personal car ownership in a world where you've got robots driving all over the place,&#8221; he said, and suggested there wasn&#8217;t a single big winner.
<a href="https://www.benzinga.com/news/25/05/45519469/tesla-stock-rises-after-musk-reaffirms-leadership-and-business-rebound">Tesla's stock surged </a>over 3.54% as Musk reaffirmed his commitment to Tesla and pledged to remain CEO for the next five years. New insured registration data from China also indicates <a href="https://www.benzinga.com/25/05/45513708/tesla-new-vehicle-registrations-surge-in-china-gary-black-says-it-should-provide-investors-some-relief">an uptick in sales </a>for the EV giant, which was at 11,130 registrations for the week of 12-18 May 2025, a stark increase from a little over 3,000 registrations the week prior.
Price Action: TSLA gained 0.51% at close and currently trades for $343.82, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/05/45512512/tesla-robotaxi-rival-waymo-announces-california-expansion-as-autonomous-taxi-race-heats-up">Tesla Robotaxi Rival Waymo Announces California Expansion As Autonomous Taxi Race Heats Up</a></li>
</ul>
Photo courtesy: Shutterstock

ABNB

TSLA

UBER

Elon Musk Brushes Off Potential Tesla-Uber Deal, Believes Owners Could Add Their Cars To EV Giant's Autonomous Fleet Instead

Guidance

Wix Projects Q2 Revenue Growth Of 11–12%, Forecasting $485M–$489M Vs. $490.53M Est.

Increase to Share Repurchase Program
Wix's Board of Directors has authorized an increase to its program to repurchase the Company's securities (ordinary shares and/or convertible notes) by an additional amount of up to $200 million, on top of the $200 million previously approved by the Board on February 26th, 2025 (which has not been used to date). This approval brings the repurchase authorization under the program to a total amount of up to $400 million.

Buybacks

Wix Board Approves Additional $200M For Share And Convertible Note Buybacks, Bringing Total Authorization To $400M

Financial Outlook
Healthy first quarter results demonstrate impactful product innovation and disciplined execution of our key growth initiatives, including Studio, AI and our focus empowering Self Creators. Notably, new cohort strength remains robust through April and early May against a dynamic macro backdrop. We expect new cohort strength to continue and drive top-line growth acceleration in 2H as additional cohorts layer on throughout the year.
While we are encouraged by our strong Q1 results and robust top of funnel, we are maintaining full year bookings outlook of $2,025 - 2,060 million, up 11-13% y/y. This reflects conservatism due to macro uncertainty, specifically in our Business Solutions segment, with potential volatility offset by fully dissipating FX headwinds.
With these same considerations, we are also maintaining our full year revenue outlook of $1,970 - 2,000 million, up 12-14% y/y.
We expect total revenue in Q2 2025 to be $485 - 489 million, up 11-12% y/y.
For the full year 2025, we continue to expect non-GAAP total gross margin of ~70% and non-GAAP operating expenses to be 47-48% of revenue for the full year.
We continue to expect to generate free cash flow of $590 - 610 million, or ~30-31% of revenue.
As a result, we remain on track to achieve Rule of 45 in 2025 at the high end of our outlook.

Wix Maintains FY25 Revenue Outlook Of $1.97B–$2.00B Vs. $2.02B Est. And Bookings Of $2.025B–$2.06B, Expects Top-Line Acceleration In 2H On Cohort Growth

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon, who correctly flagged trouble before the 2008 Lehman Brothers collapse, is now cautioning that Wall Street&#8217;s expectations for S&amp;P 500, tracked by SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) earnings growth could plummet from 12% to 0% as tariff impacts ripple through the economy.
What Happened: &#8220;I think earnings estimates will come down, which means PE [Price-to-Earnings&nbsp;ratio] will come down,&#8221; Dimon said at the bank&#8217;s annual investor day, suggesting equity valuations face downward pressure. He described current asset prices as &#8220;kind of high&#8221; while credit spreads remain &#8220;kind of low.&#8221;
Hedge fund manager Dan Niles highlighted Dimon&#8217;s track record on X, noting, &#8220;Dimon warned of an economic &#8216;hurricane&#8217; in June of 2022 before the banking crisis in March of 2023.&#8221; Niles emphasized JPMorgan&#8217;s unique perspective, writing, &#8220;With $4.4 trillion in assets, JPM has more granular data on the health of the U.S. economy than almost anyone.&#8221;
&#8220;I continue to believe that the holidays will be a much rougher time for markets,&#8221; Niles wrote. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Yesterday, <a href="https://twitter.com/search?q=%24JPM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$JPM</a> CEO Jamie Dimon said he believes Wall Street estimates for S&amp;P earnings growth will go to 0% from 12% to start the year as the impact of tariffs work through the economy "which means PE will come down." He also said asset prices are "kind of high" and credit…
&mdash; Dan Niles (@DanielTNiles) <a href="https://twitter.com/DanielTNiles/status/1924902062283784681?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Next: <a href="https://www.benzinga.com/25/05/45534527/china-warns-of-legal-retaliation-against-us-chip-sanctions-threatens-lawsuits-for-aiding-discriminatory-tech-crackdown">China Warns Of Legal Retaliation Against US Chip Sanctions, Threatens Lawsuits For Aiding &#8216;Discriminatory&#8217; Tech Crackdown</a>
Why It Matters: Dimon&#8217;s concerns extend beyond earnings, as he warned of &#8220;huge deficits&#8221; and &#8220;almost complacent central banks.&#8221; He believes markets display &#8220;an extraordinary amount of complacency&#8221; despite <a href="https://www.benzinga.com/news/management/25/05/45508514/jpmorgan-ceo-jamie-dimon-warns-huge-deficits-complacent-central-banks-could-lead-to-stagflation">mounting risks from tariffs and geopolitical tensions</a>, putting the odds of stagflation at &#8220;roughly double&#8221; what markets anticipate.
Despite these warnings, Goldman Sachs recently raised its S&amp;P 500 12-month target to 6,500 while reducing recession odds to 35%, citing the Trump administration&#8217;s decision to <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45379707/sp-500-to-6500-goldman-sachs-trims-recession-odds-as-trump-backs-off-on-tariffs">pause retaliatory tariffs for 90 days</a>.
JPMorgan&#8217;s chief global strategist, David Kelly, maintains the U.S. economy will likely avoid recession but expects slower growth due to tariffs and other economic factors <a href="https://www.benzinga.com/markets/25/05/45485111/jpmorgan-chase-us-economy-likely-to-skirt-recession-forecasts-sluggish-growth">potentially squeezing consumer spending</a>.
Since taking the helm in 2005, Dimon has led JPMorgan to a total return of 1,012%, including dividends, surpassing the S&amp;P 500's 596% gain and even outpacing the Nasdaq's 971% rise.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45534622/sergey-brin-comes-out-of-retirement-to-work-on-gemini-admits-he-made-a-lot-of-mistakes-with-google-glass-as-the-tech-giant-ramps-up-efforts-to-compete-with-meta-and-apple">Sergey Brin Comes Out Of Retirement To Work On Gemini, Admits He Made A &#8216;Lot Of Mistakes&#8217; With Google Glass As Alphabet Ramps Up To Compete With Meta And Apple</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: lev radin / Shutterstock.com

Equities

Jamie Dimon, Who Flagged Trouble Before 2008 Lehman Brothers Collapse, Now Warns S&P Earnings Could Fall To 0%: 'Rougher Time For Markets,' Says Dan Niles

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Trade Balance For April -115.8B Vs. 227.1B Est.; 559.4B Prior

Reported Earlier, Japan Exports (YoY) For April 2.0% Vs. 2.0% Est.; 4.0% (Revised) Prior

Reported Earlier, Japan Adjusted Trade Balance -0.41T Vs. -0.24T Est.; -0.29T (Revised) Prior

Panama has introduced legislation that would allow citizens to freely buy, sell, and accept Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) nationwide, marking another significant step in the global adoption of cryptocurrencies.
What Happened: The bill follows Panama City Council&#8217;s recent move to accept Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and stablecoins like USD Coin and Tether for taxes, fines, and fees, according to Bitcoin historian Pete Rizzo, who broke the news Monday on X.
This legislative push comes amid accelerating cryptocurrency adoption worldwide, fueled partially by U.S. President Donald Trump&#8216;s pro-crypto policies implemented since taking office in January.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: PANAMA INTRODUCES BILL TO ALLOW CITIZENS TO BUY, SELL, AND ACCEPT <a href="https://twitter.com/hashtag/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw">#BITCOIN</a> FREELY ANYWHERE IN THE COUNTRY BTC ADOPTION IS SWEEPING THE GLOBE. LET&#39;S GO &#x1f680; <a href="https://t.co/XHJlL19XOo">pic.twitter.com/XHJlL19XOo</a>
&mdash; The Bitcoin Historian (@pete_rizzo_) <a href="https://twitter.com/pete_rizzo_/status/1924484730562474242?ref_src=twsrc%5Etfw">May 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Panama City&#8217;s earlier cryptocurrency initiative, spearheaded by Councilman Mayer Mizrachi, implemented a practical workaround for accepting digital <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44843430/panama-city-council-now-accepts-bitcoin-ethereum-for-taxes-fines-fees">assets without requiring new legislation</a>. &#8220;Legally, public institutions must receive funds in dollars, so we partnered with a bank who will receive the crypto and convert it on the spot to USD,&#8221; Mizrachi said.
See Also: <a href="https://www.benzinga.com/25/05/45534631/jim-cramer-praises-elon-musk-interview-says-he-likes-the-stock-very-much-internet-reacts-its-over">Jim Cramer Praises Elon Musk Interview, Endorses Tesla—Will His Call Age Well? Internet Says &#8216;It&#8217;s Over&#8217;</a>
Why It Matters: The Trump administration has championed cryptocurrency adoption by establishing a strategic Bitcoin reserve and appointing an AI and crypto czar. These actions have emboldened other nations to explore digital asset integration as Bitcoin recently tapped $107,000, just 2.51% <a href="https://www.benzinga.com/25/05/45534460/bitcoin-taps-107000-again-ethereum-dogecoin-flat-analyst-predicts-next-bullish-breakout-will-power-btc-above-ath">shy of its all-time high</a>.
Market sentiment remains strong despite global economic uncertainties. Galaxy Digital CEO Mike Novogratz recently warned that the U.S. economy is beginning to &#8220;behave more like an emerging market than a developed market,&#8221; citing macroeconomic instability, including <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44845787/as-us-economy-resembles-emerging-market-bitcoin-is-more-mag-8-than-gold-mike-novogratz-says">surging interest rates and tariff shocks</a>.
Meanwhile, cryptocurrency investment continues to accelerate. On-chain analytics firm Santiment reported $6.63 billion in <a href="https://www.benzinga.com/25/05/45534460/bitcoin-taps-107000-again-ethereum-dogecoin-flat-analyst-predicts-next-bullish-breakout-will-power-btc-above-ath">net inflows across Bitcoin ETFs over the past five weeks</a>, calling it &#8220;historically a bullish sign for future price movement.&#8221;
Image Via Shutterstock 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45534527/china-warns-of-legal-retaliation-against-us-chip-sanctions-threatens-lawsuits-for-aiding-discriminatory-tech-crackdown">China Warns Of Legal Retaliation Against US Chip Sanctions, Threatens Lawsuits For Aiding &#8216;Discriminatory&#8217; Tech Crackdown</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

$BTC

$ETH

Panama Moves To Legalize Bitcoin Nationwide As Trump's Pro-Crypto Policies Fuel Global Adoption

Chamath Palihapitiya says the true dividend of college isn't a diploma but "culture."
What Happened: During the latest All-In podcast, the Social Capital founder told co-host David Friedberg, "My son is a rising junior and his entire focus is that he wants to go to an SEC school because of the culture."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Chamath on sending his kids to college: Culture &gt; Credentials<a href="https://twitter.com/friedberg?ref_src=twsrc%5Etfw">@friedberg</a>: &quot;As a parent, I think a lot about, so much of education in America in the middle class, upper class is all about what college, how do you get them there?&quot; &quot;And honestly, lately I&#39;m like, I don&#39;t think… <a href="https://t.co/aR2aXlF8U3">pic.twitter.com/aR2aXlF8U3</a>
&mdash; The All-In Podcast (@theallinpod) <a href="https://twitter.com/theallinpod/status/1924975045379604565?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Palihapitiya conceded his own mindset has flipped. "Two years ago I would&#8217;ve panicked … and now I&#8217;m like, that&#8217;s actually the best thing you could do," he said, adding that college is where young adults get "socially well-adjusted&#8221; and learn to &#8220;… deal with different kinds of failures." The billionaire framed college less as a career gatekeeper, more as years of structured experimentation.
See also: <a href="https://www.benzinga.com/25/05/45534631/jim-cramer-praises-elon-musk-interview-says-he-likes-the-stock-very-much-internet-reacts-its-over">Jim Cramer Praises Elon Musk Interview, Endorses Tesla—Will His Call Age Well? Internet Says &#8216;It&#8217;s Over&#8217;</a>
Why It Matters: He's hardly alone in down-ranking credentials. Elon Musk has <a href="https://www.benzinga.com/personal-finance/24/04/38319479/elon-musk-thinks-college-is-basically-for-fun-and-to-prove-that-you-can-do-your-chores-says-degr">long argued</a>, "college is basically for fun and to prove that you can do your chores," and calls mandatory degrees "absurd." PayPal co-founder Peter Thiel goes further, paying would-be scholars <a href="https://www.benzinga.com/startups/24/12/42366606/peter-thiel-is-a-stanford-grad-but-thinks-college-is-such-a-waste-that-he-offers-100000-to-students-who-quit-compares-education-to-santa">$100,000 to drop out</a> because he "thinks college is such a waste."
Yet heavyweights still defend the classroom. According to <a href="https://time.com/3908338/bill-gates-college-grads/">an account</a> by TIME, Bill Gates — himself a Harvard dropout — maintains that graduates "are more likely to find a rewarding job, earn higher income, and even … live healthier lives," warning of an 11-million-worker shortfall without more degrees.
The debate lands as U.S. tuition tops $28,000 a year and surveys show half of employers no longer <a href="https://ssti.org/blog/bachelors-degrees-are-no-longer-required-many-jobs">require</a> four-year degrees. The ROI calculus is simple for Palihapitiya: classrooms teach facts, but tailgates teach life.
Photo Courtesy: Kathy Hutchins On Shutterstock.com
Read next: <a href="https://www.benzinga.com/25/05/45534923/elon-musks-xai-plans-3040-billion-gpu-buy-near-memphis-nvidia-set-to-be-the-biggest-winner-says-top-analyst">Elon Musk&#8217;s xAI Plans $30–$40 Billion GPU Buy Near Memphis — Gene Munster Says Its A &#8216;Good Day&#8217; To Be A Nvidia Salesperson</a>

Education

Chamath Palihapitiya Says He'd Send His Son To College Only For The Culture, 'The Best Thing You Could Do..'

Comments

Direxion Daily LLY Bear 1X Shares

Notizie

Ultime notizie per Direxion Daily LLY Bear 1X Shares (NASDAQ:ELIS)

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO