Ultime notizie per FlexShopper (NASDAQ:FPAY) Azioni

FLEXSHOPPER INC

FlexShopper

FlexShopper Inc is a financial technology company engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, gardens and tools, appliances, and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products. The company enables consumers utilizing its e-commerce marketplace to shop for brand-name electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis.

FlexShopper Inc

Billionaire and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk thinks humanoid robots would require a lot of power to function as the EV giant further develops its Optimus line of humanoid robots.
What Happened: Replying to a post by Tesla influencer Sawyer Merritt, which outlined a note by Morgan Stanley analyst Adam Jones, Musk shared his thoughts on Tuesday.
The post shared a prediction by Jones that stated that the required amount of power for one billion humanoid robots to carry out physical tasks, not counting training, would be over 4,000 TWh, which was "roughly equal to 1 full US electric grid," the post said.
Musk then shared his thoughts on the prediction. "Way more," the billionaire said in the post.
<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">Way more
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1929619348702089302?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The post comes in as Tesla is pushing further development of the Optimus humanoid robot, which Musk says <a href="https://www.benzinga.com/news/topics/25/05/45710538/elon-musk-says-humanoid-robots-will-start-impacting-countries-gdps-in-4-to-5-years-robot-cars-even-sooner-in-just-1-to-2-years">would impact countries' GDP</a> in 4 to 5 years. This comes in after the billionaire claimed that <a href="https://www.benzinga.com/markets/equities/25/05/45536080/elon-musk-says-teslas-optimus-can-learn-tasks-by-watching-youtube-videos-just-like-a-human">Optimus can learn tasks</a> by watching YouTube videos like a human being can.&nbsp;
Nvidia Corp. CEO Jensen Huang claimed that Tesla's Optimus could be the first humanoid robot that could achieve <a href="https://www.benzinga.com/news/25/05/45691451/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo">the high volume and technology scale</a> needed for the sector. "I think this is likely to be the next multi-trillion-dollar industry,&#8221; he also said.
Price Action: TSLA gained more than 22% in the past month and is currently trading at $342.69 on the NASDAQ, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="184" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-1024x184.jpg" alt="" class="wp-image-936380" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-1024x184.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-300x54.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-768x138.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-1536x277.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2.jpg 1649w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
TSLA scores well on Momentum, Growth, and Quality metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge</a> today!
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:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/45741036/tesla-needs-to-consider-a-more-conventional-looking-pickup-truck-says-gary-black-amid-cybertruck-sales-slump">Tesla Needs To Consider A &#8216;More Conventional-Looking&#8217; Pickup Truck Says Gary Black Amid Cybertruck Sales Slump</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Elon Musk Weighs In On How Much Power Humanoid Robots Would Require Amid Tesla's Optimus Push

Algonquin Power &amp; Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/AQN#TSX">AQN</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AQN#NYSE">AQN</a>) today announced its "Back to Basics" utility customer-centric capital plan focused on improving customer experience, driving operational efficiencies, and achieving constructive regulatory outcomes. As part of that plan, the Company released its financial outlook for 2025 through 2027.
Algonquin will evaluate key decisions in the context of its commitments to its four key stakeholders:
<ul>
<li>First and foremost, delivering outcomes and experiences to customers in the moments that matter to them;</li>
<li>Investing in the communities we serve to foster economic growth. We do well when our communities do well;</li>
<li>Becoming an employer of choice to sustain a motivated workforce; and</li>
<li>Delivering steady predictable returns for investors through focused utility execution and capital discipline.</li>
</ul>
"Algonquin possesses the foundational elements of a premier pure-play utility, and the opportunity to create meaningful value is what drew me to the Company," said Rod West, Chief Executive Officer of AQN. "While I am pleased with the progress underway, I am resolute in sharpening the Company's ability to excel at the basics. The plan for the future is shaped around intertwining operational excellence and stakeholder engagement in the DNA of the Company to achieve better outcomes for all stakeholders. With a renewed stakeholder-centric focus we have a promising path forward, and I am confident in our ability to provide superior service for all customers, achieve constructive regulatory outcomes and deliver attractive financial results for our shareholders."
Highlights from the Company's forward-looking outlook include:1
<ul>
<li>Earned return on equity ("Earned ROE") (see "Other" below) expected to improve by approximately 300bps2 to approximately 8.5% by 2027;</li>
<li>Operating expenses as a percent of revenue expected to improve by 5-7% by the end of 2027;</li>
<li>Estimated Adjusted Net Earnings per share (see "Non-GAAP Measures" below) within a range of $0.30 - $0.32 for 2025,$0.35 - $0.37 for 2026, and$0.42 - $0.46 for 2027;</li>
<li>Focused on organic capital investment, utility capital expenditures of approximately $2.5 billion expected for 2025 - 2027;</li>
<li>No need for equity issuance expected through 2027; and</li>
<li>Expected to maintain BBB investment grade ratings.</li>
</ul>

News

Guidance

TSX:AQN

Algonquin Power Forecasts Adjusted EPS of $0.30-$0.32 For 2025, $0.35-$0.37 For 2026, $0.42–$0.46 For 2027

Dividends

VNOM

Viper Energy Announces 10% Dividend Increase To $1.32 Per Share ($0.33 Quarterly) After Strategic Expansion With Sitio Royalties

"The combination of Viper and Sitio signifies an important moment for mineral and royalty interests," stated Kaes Van't Hof, Chief Executive Officer of Viper. "This combination creates a leader in size, scale, float, liquidity and access to investment grade capital in the highly fragmented minerals industry. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin. This transaction positions Viper to compete for capital with mid and large cap North American E&amp;Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space."

FANG

Viper Energy To Acquire Sitio Royalties In $4.1B All-Equity Deal, Expanding Permian Basin Presence

Vera Therapeutics, Inc. ("Vera"), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that it has entered into a new credit facility providing for up to $500 million of term loans with its current partner Oxford Finance LLC ("Oxford"). The new credit facility will replace Vera's existing $50 million credit facility. The initial funding of the new credit facility will be in a principal amount of $75 million and is expected to occur on June 4, 2025.
Highlights of the new credit facility include:
<ul>
<li>Lowered Interest Rate:&nbsp;Reduced borrowing cost by 320 basis points based on current interest rates. The facility will mature five years from the closing date. Interest will be paid monthly at a rate per annum equal to 1-month SOFR plus 4.95%, subject to a SOFR floor of 3.75%.</li>
<li>Increased Capital Availability:&nbsp;Added $450 million of discretionary incremental capacity available in five tranches. At its discretion, Vera may draw up to $50 million from January 1, 2026 through December 31, 2026, not subject&nbsp;to&nbsp;additional performance milestones. Vera has the option to draw $75 million upon accelerated approval of atacicept in immunoglobulin A nephropathy (IgAN), two $50 million tranches post accelerated approval and subject to commercial milestones, and up to $200 million at the mutual discretion of Vera and Oxford.</li>
<li>Improved Structure &amp; Financial Flexibility:&nbsp;Extended the interest only period by up to 42 months and maturity by up to 41 months.&nbsp;As a result of this refinancing, Vera will no longer be required to make principal payments in 2026. The new facility also reduced prepayment and final-payment fees and, combined with the reduced interest rate, results in a cost-effective refinancing that significantly lowers Vera's cost of capital. &nbsp;</li>
</ul>

VERA

Vera Therapeutics Secures $500M Credit Facility with Lower Rates, Boosting Financial Flexibility

GPUS

Hyperscale Data's Sentinum Receives About 17.4 Bitcoin In May 2025 And About 90 Bitcoin Year To Date From Mining Pool To Which Sentinum Provides Hash Calculation Services

WeRide Partners With Renault Group To Provide Level-4 Autonomous Minibus Shuttle Service During 2025 Grand Slam Tournament On Iconic Clay Courts

Shares of Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) rose sharply in today's pre-market trading following upbeat <a href="https://www.benzinga.com/quote/CRDO/news">quarterly results</a>.
The company reported fourth-quarter revenue of $170.03 million, beating analyst estimates of $162.96 million. The connectivity solutions company reported fourth-quarter adjusted earnings of 35 cents per share, beating analyst estimates of 28 cents per share, according to Benzinga Pro.
Credo Technology Group shares jumped 14.3% to $71.60 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul class="wp-block-list">
<li>NewGenIvf Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIVF#NASDAQ">NIVF</a>) shares jumped 192.4% to $5.03 in pre-market trading. NewGenIvf Group recently announced a $30 million investment in Solana Digital Asset staking.</li>
<li>Shineco, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SISI#NASDAQ">SISI</a>) surged 36.4% to $0.5878 in pre-market trading after the company announced that it will raised $13.5 million through the sale of 18 million common shares at $0.75 each to non-US investors.</li>
<li>Revelation Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REVB#NASDAQ">REVB</a>) rose 36.2% to $1.12 in pre-market trading. Revelation Biosciences recently announced a $4 million public offering.</li>
<li>Eyenovia, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYEN#NASDAQ">EYEN</a>) jumped 31.4% to $2.19 in pre-market trading. Eyenovia recently provided an update on its merger with Betaliq and reported better-than-expected first-quarter EPS results.</li>
<li>Northern Dynasty Minerals Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAK#NYSE">NAK</a>) surged 25.2% to $1.44 in pre-market trading. Northern Dynasty Minerals received payment of $12 million representing the third tranche investment under the company's royalty agreement dated July 26, 2022.</li>
<li>Basel Medical Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMGL#NASDAQ">BMGL</a>) gained 24% to $4.86 in pre-market trading after falling 35% on Monday.</li>
<li>MoonLake Immunotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) climbed 21.1% to $49.84 in pre-market trading following reports that Merck held talks to acquire the Swiss biotech company for over $3 billion.</li>
<li>Agenus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGEN#NASDAQ">AGEN</a>) rose 18.4% to $4.89 in pre-market trading after jumping 20% on Monday.</li>
<li>BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) gained 8.4% to $122.62 in pre-market trading. BioNTech shares jumped 18% on Monday after the company entered into an agreement with Bristol Myers Squibb to advance bispecific antibody BNT327 for solid tumors.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul class="wp-block-list">
<li>Brand Engagement Network, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) shares dipped 16% to $0.4119 in pre-market trading after jumping over 75% on Monday.</li>
<li>CleanCore Solutions, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZONE#NYSE">ZONE</a>) shares fell 17.6% to $2.39 in pre-market trading after gaining around 32% on Monday.</li>
<li>PS International Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSIG#NASDAQ">PSIG</a>) fell 16.7% to $0.30 in pre-market trading.</li>
<li>ModivCare Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MODV#NASDAQ">MODV</a>) fell 15% to $1.87 in pre-market trading after jumping 96% on Monday.</li>
<li>AgEagle Aerial Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#NYSE">UAVS</a>) shares tumbled 14.3% to $1.08 in pre-market trading after jumping 63% on Monday.</li>
<li>Volato Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) declined 14.2% to $2.25 in pre-market trading after gaining 27% on Monday.</li>
<li>Mereo BioPharma Group plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MREO#NASDAQ">MREO</a>) fell 5.9% to $2.40 in pre-market trading after jumping over 18% on Monday.</li>
<li>Bumble Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NYSE">BMBL</a>) fell 5.8% to $5.41 in today's pre-market trading.</li>
<li>Pearson plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSO#NYSE">PSO</a>) dipped 5% to $15.24 in pre-market trading.</li>
<li>GCL Global Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCL#NASDAQ">GCL</a>) shares fell 4.8% to $2.40 in pre-market trading.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li>W<a href="https://www.benzinga.com/cannabis/25/06/45719976/wall-streets-most-accurate-analysts-give-their-take-on-3-tech-and-telecom-stocks-delivering-high-dividend-yields-4">all Street&#8217;s Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Markets

Movers

AGEN

BMBL

BMGL

BNAI

BNTX

CRDO

EYEN

MLTX

MODV

MREO

NIVF

PSIG

REVB

SISI

SOAR

UAVS

ZONE

Why Credo Technology Group Shares Are Trading Higher By Over 14%; Here Are 20 Stocks Moving Premarket

On Monday, June 2, U.S. markets closed higher as optimism over trade talks persisted despite Trump&#8217;s plan to double steel and aluminum tariffs. China called his accusations &#8220;groundless.&#8221; Steel stocks surged while automakers fell. Nvidia and Meta gained; Tesla slipped. Manufacturing contracted for a third month. Traders anticipate Fed rate cuts, with key jobs data due Friday.
According to economic data, U.S. manufacturing activity slipped in May, with ISM PMI falling to 48.5, which is below forecasts. Construction spending also dropped 0.4% in April after a 0.8% decline in March.
Most S&amp;P 500 sectors rose Monday, led by energy, communication services, and tech. Industrials, however, ended the day in the red.
The Dow closed higher by 0.08% at 42,305.48, the S&amp;P 500 gained 0.41% to 5,935.94, and the Nasdaq rose 0.67% to 19,242.61.
<h2 class="wp-block-heading">Asia Markets Today</h2>
On Tuesday, Japan&#8217;s Nikkei 225 closed 0.05% lower at 37,453.50, led by losses in the Paper &amp; Pulp, Transport, and Communication sectors.
Australia&#8217;s S&amp;P/ASX 200 rose 0.63%, ending the session at 8,466.70, led by gains in the Gold, Financials, and Consumer Staples sectors.
India&#8217;s Nifty 50 was down 0.67% at 24,549.45, and the Nifty 500 slid 0.52% to 22,713.90.
China&#8217;s Shanghai Composite was up 0.43% at 3,361.98, and Shanghai Shenzhen CSI 300 gained 0.31% to 3,852.01.
Hong Kong&#8217;s Hang Seng closed the session 1.53% higher at 23,512.49.
<h2 class="wp-block-heading">Eurozone at 05:45 AM ET</h2>
The European STOXX 50 index was down 0.19%.
Germany&#8217;s DAX index gained 0.13%.
France&#8217;s CAC 40 fell 0.27%.
U.K.&#8217;s FTSE 100 index traded lower by 0.13%.
<h2 class="wp-block-heading">Commodities at 05:45 AM ET</h2>
Crude Oil WTI was trading higher by 0.24% at $62.68/bbl, and Brent was up 0.20% at $64.75/bbl.
Natural gas rose 0.08% to $3.697.
Gold traded lower by 0.41% to $3,383.00, Silver fell 0.75% to $34.432, and Copper was down 1.87% to $4.7677.
<h2 class="wp-block-heading">U.S. Futures at 05:45 AM ET</h2>
Dow Jones futures slid 0.38%, the S&amp;P 500 declined 0.39%, and the Nasdaq 100 was down 0.33%.
U.S. futures slipped Tuesday as investors weighed Trump&#8217;s tariff threats, trade uncertainty with China, economic data, and inflation risks
<h2 class="wp-block-heading">Forex at 05:45 AM ET</h2>
The U.S. dollar index gained 0.22% to 98.90, the USD/JPY rose 0.10% to 142.86, and the USD/AUD rose 0.61% to 1.5485.
The U.S. dollar edged up Tuesday but stayed near six-week lows as trade policy uncertainty and weak manufacturing data pressured the outlook.
Photo via Shutterstock

Asia

Emerging Markets

Eurozone

Futures

Commodities

Forex

ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Asia And Europe Markets Mixed Slip, Dollar Index Ticks Higher - Global Markets Today While US Slept

PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) faces mounting challenges as its Temu platform struggles with significant user losses following major U.S. trade policy shifts that eliminated key cost advantages for Chinese e-commerce platforms.
What Happened: Daily U.S. users of Temu fell 58% in May, according to market intelligence firm Sensor Tower, reported Reuters. The decline followed the White House&#8217;s May 2 decision to end the &#8220;de minimis&#8221; provision, which previously allowed Chinese companies to ship packages valued under $800 to the U.S. tariff-free.
Temu responded by slashing U.S. advertising spending and shifting its fulfillment strategy. The platform now displays only products shipped from U.S.-based warehouses, with China-shipped items labeled &#8220;out of stock.&#8221; 
Previously, Temu operated by giving merchants responsibility for ordering and supplying products while managing logistics, pricing and marketing from China.
PDD&#8217;s <a href="https://www.benzinga.com/news/earnings/25/05/45616623/temu-parent-pdd-does-not-mention-tariffs-impact-blames-external-environment-and-ecosystem-investments-for-profit-plunge">first-quarter earnings reflected</a> these pressures. Revenue grew just 10% year-over-year to $13.18 billion, missing analyst estimates of $14.17 billion. Adjusted operating profit declined 36% to $2.52 billion, with margins falling from 32.9% to 19.1%.
See Also: <a href="https://www.benzinga.com/markets/economic-data/25/06/45740592/trump-sets-july-8-deadline-for-trade-deals-demands-best-offers-from-global-partners-by-wednesday-report">Trump Sets July 8 Deadline For Trade Deals, Demands Best Offers From Global Partners By Wednesday: Report</a>
Why It Matters: The tariff changes fundamentally disrupted Temu&#8217;s business model, which relied on direct shipments from Chinese suppliers to maintain ultra-low prices. 
The new regime imposes <a href="https://www.benzinga.com/government/regulations/25/05/45189952/amazon-rival-pdd-holdings-temu-halts-china-to-us-shipments-amid-trumps-145-tariffs-actively-recruiting-us-sellers">90% duties or $75 per item on Chinese imports</a>, scheduled to increase to $150 per item by June. While competitor Shein has managed to increase per-customer spending despite similar challenges, Temu has struggled to adapt.
Price Action: PDD stock closed at $96.44 on Monday, down 0.07%. In pre-market trading on Tuesday, the stock rose 0.62% to $97.04. Year to date, PDD shares are down 0.46%.
PDD's Temu platform competes with Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). According to Benzinga Edge Stock Rankings, PDD has a stronger valuation than Amazon but lacks momentum. The stock also shows a negative price trend across short to long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here to see the full stock breakdown</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="878" height="632" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20.png" alt="" class="wp-image-936355" style="width:536px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20-300x216.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20-768x553.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Equities

AMZN

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Amazon's Chinese Rival Temu Loses 58% Of US Users As End Of Tariff Loophole Hits Business Model

Rocket Lab Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) announced on Monday that the company successfully launched <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/b45738007/rocket-lab-successfully-launches-10th-electron-mission-for-multi-launch-customer-blacksky" rel="noreferrer noopener">its 65th Electron rocket</a> to deploy Earth-imaging satellites for BlackSky Technology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKSY#NYSE">BKSY</a>).
This mission for BlackSky marks the tenth launch the company has conducted for them since 2019.
The &#8216;Full Stream Ahead&#8217; mission successfully launched from Rocket Lab Launch Complex 1 in Mahia, New Zealand, at 11:57 AM NZST (23:57 UTC on June 2nd).
Also Read: <a target="_blank" href="https://www.benzinga.com/general/space/25/05/45633311/rocket-lab-stock-surges-on-geost-acquisition-strengthening-companys-positioning-for-golden-dome" rel="noreferrer noopener">Rocket Lab Stock Surges On Geost Acquisition, Strengthening Company&#8217;s Positioning For Golden Dome</a>
This flight successfully deployed a Gen-3 satellite for BlackSky into a 470 km circular Earth orbit, further expanding the company&#8217;s low Earth orbit constellation.
Notably, the Gen-3 satellite was deployed using a Rocket Lab Motorized Lightband, a separation system consistently provided by Rocket Lab for all of BlackSky&#8217;s Electron launches so far.
This mission marks the second in a series of four Electron launches that BlackSky has booked for 2025 to deploy its Gen-3 satellites.
Rocket Lab previously deployed the first of BlackSky&#8217;s new missions, &#8216;Fasten Your Seatbelts,&#8217; <a target="_blank" href="https://www.benzinga.com/25/02/43807615/fasten-your-space-belts-rocket-lab-expands-blacksky-partnership-with-60th-electron-mission-launch" rel="noreferrer noopener">earlier in February 2025</a>.
This BlackSky mission is Electron&#8217;s seventh successful launch in 2025 and Rocket Lab&#8217;s 65th overall, bringing the total number of satellites deployed by Electron to 226.
Both Rocket Lab CEO Sir Peter Beck and BlackSky CEO Brian O&#8217;Toole commented positively, emphasizing the reliability, increasing cadence, and agile deployment of BlackSky&#8217;s constellation to meet customer demands.
Investors can gain exposure to the stock via&nbsp;ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) and Procure Space ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFO#NASDAQ">UFO</a>).
Price Action: RKLB shares are up 0.79% at $26.81 premarket at the last check on Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/news/space/25/06/45724938/space-stocks-weekly-countdown-rocketlab-gets-analyst-love-while-virgin-galactic-slides-into-june" target="_blank" rel="noreferrer noopener">Space Stocks Weekly Countdown: RocketLab Gets Analyst Love While Virgin Galactic Slides Into June</a></li>
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Photo by Emagnetic via Shutterstock

ARKX

BlackSky Technology Inc. Class A Common Stock

BKSY

RKLB

Rocket Lab Launches 10th Mission for BlackSky

HC Wainwright &amp; Co. analyst Kevin Dede maintains Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) with a Buy and raises the price target from $7 to $12.

Price Target

Analyst Ratings

APLD

HC Wainwright & Co. Maintains Buy on Applied Digital, Raises Price Target to $12

Dog-themed cryptocurrency Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>) was trading higher early Tuesday morning, outgaining cryptocurrency heavyweights.
What happened: The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based meme coin rallied over 15% to become the second-biggest cryptocurrency gainer in the last 24 hours. The trading volume popped 76% to $438 million, suggesting high liquidity and trader interest.
WIF outgained blue-chip meme coins such as Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>), which grew 2.37% and 3.58%, respectively, in the last 24 hours.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45556899/from-amazon-to-warren-buffetts-berkshire-hathawaybitcoin-is-now-bigger-than-these-wall-street-titans">From Warren Buffett&#8217;s Berkshire Hathaway To Jeff Bezos&#8217; Amazon — Bitcoin Is Now Outshining These Wall Street Titans</a>
The rally got the derivatives traders excited as well, as WIF's Open Interest soared 17% in the last 24 hours to $352.92 million, <a href="https://www.coinglass.com/BitcoinOpenInterest">according </a>to Coinglass.
Over 65% of top trader accounts on Binance were long on WIF, suggesting expectations of further upside.
Furthermore, the Bull Bear Power indicator, which measures the strength of buyers and sellers, flashed a "Buy" signal for WIF, <a href="https://in.tradingview.com/symbols/WIFUSD/technicals/">according </a>to TradingView. On the other hand, the Moving Average Convergence Divergence, which compares two exponential moving averages of price, painted a bearish outlook with a "Sell" signal.
Dogwifhat, a meme coin inspired by Dogecoin, depicts a Shiba Inu dog wearing a pink knitted hat. Launched in the fall of 2023, the feline coin exploded to a peak of $4.85 within the next four months, but has since retraced sharply. 
Price Action:&nbsp; At the time of writing, WIF was exchanging hands at $0.9830, up 15.96% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;Year-to-date, it has jumped over 76% in value
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45611404/anthony-scaramucci-remains-firm-on-bitcoin-as-the-best-investment-idea-even-as-the-largest-crypto-hovers-around-109000">Anthony Scaramucci Remains Firm On Bitcoin As The Best Investment Idea Even As The Largest Crypto Hovers Around $109,000</a></li>
</ul>
Image Via Shutterstock

$DOGE

$SHIB

$SOL

$WIF

Dogwifhat Is Outperforming Dogecoin, Shiba Inu Tuesday Morning: What's Going On?

Former President Barack Obama has opposed Republican efforts to scale back major provisions of the Affordable Care Act (ACA) in a recent social media post, urging voters to call their Senators to voice their resistance. &nbsp;
What Happened: In a post on X, Obama wrote, "Here's something everybody should be paying attention to: Congressional Republicans are trying to weaken the Affordable Care Act and put millions of people at risk of losing their health care.
Call your Senators and tell them we can&#8217;t let that happen." He also attached a Washington Post article explaining how President Donald Trump's "big, beautiful bill" is making way for reduced health insurance coverage for millions in the United States.
<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">Here&#39;s something everybody should be paying attention to: Congressional Republicans are trying to weaken the Affordable Care Act and put millions of people at risk of losing their health care. Call your Senators and tell them we can&#39;t let that happen. <a href="https://t.co/jTKreuCNWZ">https://t.co/jTKreuCNWZ</a>
&mdash; Barack Obama (@BarackObama) <a href="https://twitter.com/BarackObama/status/1929583840630075458?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45740331/trumps-man-to-man-diplomacy-wont-work-with-xi-jinping-warns-former-white-house-chief-of-staff-as-tariff-deadlock-continues">Trump&#8217;s &#8216;Man-To-Man&#8217; Diplomacy Won&#8217;t Work With Xi Jinping, Warns Former White House Chief Of Staff As Tariff Deadlock Continues</a>
Why It Matters: The GOP Bill, which <a href="https://www.benzinga.com/25/05/45558613/house-advances-trumps-sweeping-one-big-beautiful-bill-after-key-medicaid-tax-and-border-security-changes">made its way through Congress</a> and is now being debated in the Senate, aims to <a href="https://www.benzinga.com/general/health-care/25/05/45344596/house-republicans-push-880-billion-medicaid-cuts-to-renew-trump-tax-breaks-democrat-warns-millions-will-lose-their-health-care">reduce federal health spending</a> by introducing changes to Medicaid and ACA insurance marketplaces.
These revisions could reduce enrolment in public health programs by more than 10 million people over the next decade. The changes wouldn't dismantle the ACA outright but would restrict eligibility, impose more frequent verification checks, shorten enrolment windows, and delay regulatory updates intended to simplify access.
The plan would also add work requirements for certain Medicaid enrolees and limit state mechanisms that increase federal matching funds. "It is very much like a backdoor repeal and replace," said Matt Salo, former executive director of the National Association of Medicaid Directors. The Congressional Budget Office projects that 7.6 million fewer people would be on Medicaid and 3.1 million fewer on ACA plans if the legislation is enacted.
Meanwhile, Office of Management and Budget Director&nbsp;Russell Vought&nbsp;<a href="https://www.benzinga.com/news/politics/25/06/45717492/medicaid-cut-concerns-are-totally-ridiculous-says-trumps-budget-chief-russell-vought-quips-i-love-e" target="_blank" rel="noreferrer noopener">dismissed fears about Medicaid cuts</a>&nbsp;as &#8220;ridiculous,&#8221; and Speaker&nbsp;Mike Johnson&nbsp;(R-La.) argued that those who lose Medicaid&nbsp;<a href="https://benzinga.com/node/45716936" target="_blank" rel="noreferrer noopener">will do so by personal choice</a>.
Dr.&nbsp;Mehmet Oz, leading the Centers for Medicare and Medicaid Services (CMS), said the proposed eligibility requirements are not about withdrawing care but about making sure the <a href="https://www.benzinga.com/news/health-care/25/06/45719002/im-trying-to-save-medicaid-says-trump-appointed-cms-chief-dr-oz-as-cbo-estimates-7-6-million-could-lose-coverage-under-gops-big-beautiful-bill/">program survives long-term</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/politics/25/06/45718265/medicaid-cuts-backlash-grows-as-sen-joni-ernst-tells-voters-well-we-all-are-going-to-die-mocks-critics-from-a-cemetery">Medicaid Cuts Backlash Grows As Sen. Joni Ernst Tells Voters &#8216;Well, We All Are Going To Die,&#8217; Mocks Critics From A Cemetery</a></li>
</ul>
Photo courtesy: Gregory Reed / Shutterstock.com

Health Care

Politics

General

Barack Obama Accuses Republicans Of 'Trying To Weaken' Obamacare, Urges Voters To Call Their Senators As 'Millions Of People' Risk Losing Healthcare

Needham analyst John Todaro maintains Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) with a Buy and raises the price target from $10 to $12.

Needham Maintains Buy on Applied Digital, Raises Price Target to $12

Economist Peter Schiff has publicly criticized &#8220;The Big Short&#8221; fame investor Steve Eisman for <a href="https://www.benzinga.com/markets/equities/25/04/44830819/big-short-fame-steve-eisman-says-nvidias-best-days-are-not-behind-it-but-trump-is-the-wild-card-in-current-market">dismissing both gold investments and U.S. national debt concerns</a> during a recent media interaction. The exchange highlights growing tensions among financial experts over monetary policy and fiscal sustainability.
What Happened: Schiff wrote on X that Eisman&#8217;s stance reveals &#8220;incredible irony.&#8221; During the CNBC <a href="https://www.youtube.com/watch?v=qXR69STpehE">interview</a>, Eisman stated he&#8217;s &#8220;not a gold guy&#8221; and doesn&#8217;t monitor gold markets closely. He also expressed confidence in U.S. Treasuries, arguing he&#8217;s not worried about the $36.22 trillion national debt &#8220;so long as the world doesn&#8217;t have an alternative to Treasuries.&#8221;
The criticism comes as gold trades near $2,360 per ounce after pulling back from recent highs, while Treasury yields remain elevated with the 10-year note at 4.45% and 20-year bonds yielding 4.95%. Recent Moody&#8217;s credit rating concerns have pushed 30-year Treasury yields to near 5%, <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45500872/30-year-treasury-yields-hit-5-what-that-means-for-stocks">levels not seen since October 2023</a>.
<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">Big Short investor Steve Eisman just told <a href="https://twitter.com/CNBC?ref_src=twsrc%5Etfw">@CNBC</a> he&#39;s not a gold guy and doesn&#39;t watch or care about gold. He then said he&#39;s not worried about the U.S. national debt so long as the world doesn&#39;t have an alternative to Treasuries. The irony of those two statements is incredible.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1929651223235596479?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45740331/trumps-man-to-man-diplomacy-wont-work-with-xi-jinping-warns-former-white-house-chief-of-staff-as-tariff-deadlock-continues">Trump&#8217;s &#8216;Man-To-Man&#8217; Diplomacy Won&#8217;t Work With Xi Jinping, Warns Former White House Chief Of Staff As Tariff Deadlock Continues</a>
Why It Matters: Eisman, former senior portfolio manager at Neuberger Berman Group Inc. and current host of &#8220;The Real Eisman Playbook&#8221; podcast, gained fame for profiting from the 2008 subprime mortgage crisis. 
During his interview, he expressed caution about current markets, citing tariff uncertainties as his primary concern while maintaining positions in mega-cap technology stocks.
When challenged on social media about investment performance comparisons, one user noted that Eisman&#8217;s subprime short generated over $1 billion compared to potential gold returns of $40-80 million during the same period. However, Schiff countered that current conditions present different opportunities, calling U.S. dollars and Treasuries &#8220;the next big short.&#8221;
Schiff defended his macro analysis expertise, noting he also participated in subprime shorting but maintains &#8220;a much better understanding of global macro&#8221; dynamics. 
<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">That was then. This is now. He is missing the next big short. The U.S. dollar and treasuries.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1929685857742868691?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/futures/25/06/45740778/us-stocks-likely-to-open-lower-expert-highlights-technical-analysis-showing-sp-500s-recovery-is-real-and-not-a-bull-trap-or-bear-market-rally">US Stocks Likely To Open Lower: Expert Highlights Technical Analysis Showing S&amp;P 500&#8217;s &#8216;Recovery Is Real&#8217; And Not A &#8216;Bull Trap&#8217; Or &#8216;Bear Market Rally&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Bonds

Peter Schiff Calls Out 'The Big Short' Investor Steve Eisman For Dismissing Gold And US Debt Concerns: 'The Irony Is Incredible'

HC Wainwright &amp; Co. analyst Scott Buck reiterates Yatra Online (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YTRA#NASDAQ">YTRA</a>) with a Buy and maintains $3 price target.

Reiteration

YTRA

HC Wainwright & Co. Reiterates Buy on Yatra Online, Maintains $3 Price Target

UUUU

Energy Fuels Reports Record Uranium Production and Expands Resource Base With New Bullfrog Technical Report And Accelerated U.S. Permitting

National Energy Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NESR#NASDAQ">NESR</a>) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.20 by 30 percent. This is a 6.67 percent decrease over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $303.10 million which missed the analyst consensus estimate of $341.73 million by 11.30 percent. This is a 2.11 percent increase over sales of $296.85 million the same period last year.

Earnings

Earnings Misses

NESR

National Energy Services Q1 Adj. EPS $0.14 Misses $0.20 Estimate, Sales $303.10M Miss $341.73M Estimate

WTER

The Alkaline Water Company Expands National Footprint With Strategic Distribution Agreement Covering 16,000 Locations Across 32 States

Press Releases

FlexShopper Announces Record Initial Holiday Season Results

FlexShopper Expands Lease-to-Own Solutions at Jiffy Lube and Meineke Car Care Centers

FlexShopper Provides Update on Holiday Season and 2024 Fourth Quarter Results

FlexShopper Announces Preliminary Results of Unit Subscription Rights Offering

FlexShopper to Attend the Sidoti Micro-Cap Virtual Conference

Management

FlexShopper Appoints Former North Carolina Governor Patrick McCrory to its Board of Directors

FlexShopper Updates Status of Rights Offering

FlexShopper Provides Business Update for January 2025

FlexShopper, Inc. Reports 2024 Fourth-Quarter and Year-End Financial Results

FlexShopper Partners with ICON Vehicle Dynamics to Expand Lease-to-Own Financing Options for Premium Off-Road Vehicle Upgrades

FPAY

Acacia Research Corporation - Common Stock

Acacia Research

Eason Technology Limited American Depositary Shares (each representing sixty-thousand (60,000) Ordinary Shares)

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