Grocery Outlet Holding Azioni (NASDAQ: GO)

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GROCERY OUTLET HOLDING CORP

Grocery Outlet Holding

Grocery Outlet Holding Corp is a grocery store operator in the United States. It is a retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.

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Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) co-founder Steve Jobs' widow, Laurene Powell Jobs, seems to have endorsed a <a href="https://www.benzinga.com/tech/25/05/45602719/openais-acquisition-of-jony-ives-startup-poses-threat-to-apples-dominance">mysterious AI hardware</a> device being developed by Jony Ive and OpenAI CEO Sam Altman.
What Happened: In a Financial Times interview that was published on Monday, Ive reflected on his years designing the iPhone and its ripple effects on society.
"Many of us would say we have an uneasy relationship with technology at the moment," he said, referring to the harmful effects of technology like social media addiction.&nbsp;
The former Apple design chief said that his work on the AI-powered device with Altman is driven by a sense that "humanity deserves better."
See Also:&nbsp;<a href="https://www.benzinga.com/media/25/05/45664231/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo-jensen-huang-likely-to-be-the-next-multi-trillion-dollar-industry" target="_blank" rel="noreferrer noopener">Tesla&#8217;s Optimus May Be The First Humanoid Robot To Achieve High Volume And Tech Scale, Says Nvidia CEO Jensen Huang: ‘… Likely To Be The Next Multi-Trillion Dollar Industry&#8217;</a>
"If you make something new, if you innovate, there will be consequences unforeseen … While some of the less positive consequences were unintentional, I still feel responsibility. And the manifestation of that is a determination to try and be useful."
Powell Jobs, who has remained close to Ive since Steve Jobs&#8217; passing in 2011, praised the collaboration and has invested in both his LoveFrom design firm and the io hardware startup behind the new device.
"If it wasn't for Laurene… there wouldn't be LoveFrom," Ive said. The AI hardware project, currently <a href="https://www.benzinga.com/tech/25/05/45640879/openais-sam-altman-says-6-5b-deal-with-jony-ive-to-build-ai-companions-could-add-1-trillion-in-company-value-report">valued at $6.5 billion</a>, is being acquired by OpenAI.
Powell Jobs expressed cautious optimism, noting that while technology has "dark uses," she's inspired watching ideas go from a thought to drawings, to prototypes and then something you think can't get any better, but then seeing the next version.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
"Just watching something brand new be manifested, it's a wondrous thing to behold," she stated.
When asked if this new device will rival Apple&#8217;s offerings, she said, "I'm still very close to the leadership team in Apple. They're really good people and I want them to succeed also."
Before meeting Steve Jobs, Powell Jobs built her career in finance and is now estimated to be worth $11.4 billion.
Why It's Important: Previously, Ive referred to smartphones and laptops as "<a href="https://www.benzinga.com/25/05/45638355/headline-apples-former-design-chief-jony-ive-called-phones-and-laptops-legacy-platforms-google-ceo-sundar-pichai-said-pulling-out-a-black-glass-rectangle-wont-make-sense-forever-though-new-age-devices-havent-really-taken-off-yet">legacy products</a>," implying that they no longer define the future of computing.
Earlier, Gene Munster cautioned that OpenAI poses the first major competitive <a href="https://www.benzinga.com/news/25/05/45599511/apple-faces-first-serious-threat-in-20-years-as-openai-acquires-iphone-makers-former-design-chief-jo">threat to Apple in 20 years</a> following the AI startup's acquisition of Ive's hardware startup.
Apple has been <a href="https://www.benzinga.com/tech/25/05/45602719/openais-acquisition-of-jony-ives-startup-poses-threat-to-apples-dominance">struggling to make meaningful advancements</a> in AI. The tech giant is also experiencing a wave of departures, including senior executives and engineers.
This talent drain comes as rivals like Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) continue to push forward in the generative AI race.
Price Action: Apple shares climbed 0.42% during Monday's regular trading session, as per <a href="http://pro.benzinga.com/">Benzinga Pro</a>.
According to Benzinga Edge Stock Rankings, <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Apple holds a growth score of 32.97%. Click here to compare it with other major players such</a> as Alphabet and Microsoft.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02220533/Screenshot-2025-06-03-at-7.33.17%E2%80%AFAM.png" alt="" class="wp-image-935831" /></a></figure>
Photo Courtesy: charnsitr on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Steve Jobs' Widow Is Backing Jony Ive's Mystery AI Device Even Though She's Still 'Very Close' To Apple Leadership: 'If It Wasn't For Laurene…'

Leading cryptocurrencies climbed on Monday, despite rising trade tensions between the U.S. and China.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+0.72%</td>
<td>$106,306.77</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+3.49%</td>
<td>$2,622.12</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.51%</td>
<td>$0.1968</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin surpassed $106,000 overnight, after fluctuating between $104,000 and $105,000 throughout the day. Trading volume jumped 30% from the previous day.
Similarly, Ethereum broke past $2,600 in the late evening rally, with volume rising by over 43% in the last 24 hours. The spike comes after co-founder Vitalik Buterin said that the blockchain&#8217;s base layer <a href="https://www.benzinga.com/crypto/25/06/45716370/ethereums-l1-will-be-scaled-by-10x-over-the-next-year-says-vitalik-buterin">will be scaled by 10x</a> in about a year.
Bitcoin's market dominance narrowed to 63.8%, while Ethereum's share of the market widened to 9.5%
More than $200 million was liquidated from the cryptocurrency market in the last 24 hours, with bearish bets accounting for 62% of the total liquidations.
Moreover, nearly $363 million in shorts risked liquidation if BTC rallied to $108,000.
Ethereum's Open Interest jumped 7.22% in the last 24 hours, reaching a new all-time high of $36.46 billion. More than 60% of Binance traders with open ETH positions were long at the time of writing.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>SPX6900 (SPX)</td>
<td>+10.46%</td>
<td>$1.13</td>
</tr>
<tr>
<td>dogwifhat (WIF)</td>
<td>+9.25%</td>
<td>$0.9525</td>
</tr>
<tr>
<td>Sky (SKY)</td>
<td>+8.91%</td>
<td>$0.07279</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.34 trillion, following an increase of 1.08% in the last 24 hours.
Stocks edged up on the first trading day of June. The Dow Jones Industrial Average rose 35.41 points, or 0.08%, to end at 42,305.48. The S&amp;P 500 rose 0.41% to close at 5,935.94, while the tech-focused Nasdaq Composite spiked 0.67% to end at 19,242.61.
Investors continued to monitor developments around the U.S.-China trade dispute. China rejected President Donald Trump&#8217;s<a href="https://www.benzinga.com/news/politics/25/06/45715447/xi-jinpings-china-dismisses-trumps-groundless-accusations-on-geneva-trade-deal-breach-vows-strong-retaliation"> allegations of violating the Geneva trade pact</a>. Instead, it accused the U.S. of imposing &#8220;discriminatory restrictive&#8221; policies, such as limiting AI chip exports.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Blockchain analytics firm Santiment observed that cryptocurrency traders were being cautious about Bitcoin.
"Bitcoin mentions across social media show 1.3 bullish comments for every 1 bearish comment. This reflects the crowd&#8217;s high association between BTC and the stock market, with its success highly contingent on a healthy American economy," Santiment stated.
On the other hand, there was euphoria for Ethereum, with 3 bullish comments for every 1 bearish comment, likely due to its 41% surge last month.
<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">&#x1f1fa;&#x1f1f8; As Jerome Powell speaks on the state of U.S. inflation, we are seeing two very different stories between Bitcoin and Ethereum. &#x1fae3; Bitcoin mentions across social media show 1.3 bullish comments for every 1 bearish comment. This reflects the crowd&#39;s high association between… <a href="https://t.co/O6NLKKiEBk">pic.twitter.com/O6NLKKiEBk</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1929612375822582204?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Cryptocurrency analyst and trader Michaël van de Poppe noted a "hidden bullish divergence" for ETH, signaling a potential upward breakout.&nbsp;
"It&#8217;s still taking a lot of time, but happy to be seeing the consolidation while still being up a lot from the low in April," Van De Poppe said.
<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">Good signs, a hidden bullish divergence on <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> signalling that we&#39;re ready for a breakout upwards. It&#39;s still taking a lot of time, but happy to be seeing the consolidation, while still being up a lot from the low in April. <a href="https://t.co/oS4N6tExx2">pic.twitter.com/oS4N6tExx2</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1929611221541486649?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Quality Stock Arts on Shutterstock.com
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Bitcoin, Ethereum, Dogecoin Rise As China Counters Trump's Trade Deal Breach Claim: Analyst Says BTC Success Riding On Health Of US Economy

When a big inheritance lands in your lap, your instincts may tell you to start making "smart" moves—buy the house, hire the advisor, set up the portfolio. But <a href="https://www.benzinga.com/personal-finance/25/05/45485339/mom-asks-suze-orman-did-we-create-a-monster-23-year-old-daughter-has-250k-saved-but-refuses-to-pay-for-dates-or-family-outings">Suze Orman</a> has one word for you: don't.
On an April episode of her "Women &amp; Money" podcast, Orman gave a sobering but powerful message to anyone facing the emotional chaos that often comes with a sudden windfall. The <a href="https://omny.fm/shows/suze-ormans-women-and-money/suze-school-revisiting-recognizing-financial-advisor-abuse?in_playlist=podcast">episode focused on a 57-year-old woman</a> who had just lost her husband and was trying to figure out what to do with a $7 million life insurance payout.
"She was left to the tune of $7 million," Orman said. "Now this woman has never dealt with $7 million in her life."
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And Orman's advice?
"You are to do nothing other than <a href="https://www.benzinga.com/personal-finance/25/04/44715539/suze-orman-says-when-sentiment-is-this-fearful-its-not-the-time-to-sell-but-if-youll-need-the-money-in-5-years-it-shouldnt-be-in-the-market">keep this money safe and sound</a>," she said. "Except obviously pay off debts and things like that, but nothing besides that. For at least six months, one year or two years after suffering the loss of a loved one."
Orman's reasoning is deeply rooted in psychology—and experience.
"You may feel like you are making the right decisions and that you know what you're doing when it comes to money that you've never handled before, but I'm here to tell you," she said. "You are not in your body. You will get taken advantage of possibly, but you will not be doing that which you should be doing with this money."
The woman, a mother of four—ages 21, 18, 16, and 12—was three months into grieving her husband when she initially reached out to Orman. At that time, Orman carefully guided her to place the full $7 million into a treasury money market account through a reputable brokerage firm, where she'd earn around 4%–5% interest with minimal risk. The instructions were crystal clear:
"You are to do nothing. Do not touch this money. You are just going to let it sit there," she said.&nbsp;
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
But that didn't last.
Months later, a financial advisor from that very brokerage firm contacted her and convinced her to split up $2.4 million into two annuities—$1.5 million in one, $900,000 in another—and planned to invest the rest in stocks and bonds, leaving only $1.5 million in the money market account.
Orman was livid.
"Nothing upsets me more than that," she said, referring to advisors who act in their own financial interest before a grieving client is emotionally ready. "We all deserve to know what to do with money, to be taken care of, to not have some financial adviser do things with people's money when they're not ready to do it just 'cause this person may make more money or his firm may make more money."
So what should you do if you suddenly come into a large sum of money, whether from an inheritance, lottery win, or sale of a business?
See Also: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
According to Orman: slow down. Park the money somewhere safe, like a treasury-backed money market account. Let the dust settle before you make life-altering decisions—especially ones driven by outside "experts" with a commission in the balance.
Financial planners often say one of the worst times to make big decisions is after a major emotional event. Behavioral economists call it "decision fatigue." Grief only amplifies it.
That said, <a href="https://www.benzinga.com/personal-finance/25/04/44616088/dave-ramsey-caller-tells-him-following-advice-to-pay-off-house-didnt-work-because-now-she-has-no-credit-but-he-says-that-was-the-point">there's a valid counterpoint</a>: waiting too long to make any moves can expose your money to inflation risk, market shifts, or—ironically—bad advice from friends and family. The key is balance. Take Orman's <a href="https://www.benzinga.com/25/05/45498403/what-is-your-emotional-money-score-suze-ormans-20-questions-to-determine-if-you-are-in-control-of-your-money-or-if-its-in-control-of-you">advice as a mandate</a> to protect your money until you're mentally ready, not a reason to ignore it completely.
Because <a href="https://www.benzinga.com/money/are-you-rich">$7 million is a lot</a>. But peace of mind? That's priceless.
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57-Year-Old Inherits $7 Million After Husband's Unexpected Death — Suze Orman Tells Her 'Do Not Touch This Money' For At Least 6 Months

On Monday, Cathie Wood-led Ark Invest made significant trades, notably offloading shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>).
The Tesla Trade: Ark Invest sold 1,594 shares of the Elon Musk-led company. For the day, Tesla shares closed at $342.69, making the trade, carried out through the ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>), worth $546,247.
This move comes as Tesla faces <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45729188/tesla-stock-is-trading-lower-today-whats-going-on">stiff competition</a> from Chinese electric vehicle rivals, which reported strong delivery numbers for May. Tesla&#8217;s competitors, including BYD, Li Auto, Nio, and Xpeng, saw sales growth in China last month, putting pressure on Tesla&#8217;s market position.
The PLTR Trade: Ark Invest also offloaded 17,467 shares of Palantir Technologies. This decision comes amidst <a href="https://www.benzinga.com/markets/equities/25/06/45715850/trump-administration-silently-employs-palantir-to-gather-personal-data-of-each-american-raising-privacy-data-misuse-concerns-report">concerns over privacy</a> and potential misuse of personal data. As reported by Benzinga, the Trump administration has been discreetly working with Palantir to gather personal data of American citizens from various federal agencies. Despite these concerns, former hedge fund manager Martin Shkreli <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45716400/pharma-bro-martin-shkreli-sees-10-trillion-potential-in-palantir-but-cautions-one-bad-quarter-and-its-down-50">expressed bullish views</a> on Palantir but cautioned investors about the stock's inherent volatility in an interview.
The Ark trade was made through ARKK. On Tuesday, Palantir stock closed at $132.04. The sale of shares was worth $2.31 million.
Other Key Trades:
<ul class="wp-block-list">
<li>Ark Invest purchased 25,447 shares of eToro Group Ltd. (ETOR).</li>
<li>Ark Invest bought 51,903 shares of Illumina Inc. (ILMN).</li>
<li>Ark Invest sold 278,792 shares of Adaptive Biotechnologies Corp. (ADPT).</li>
<li>Ark Invest bought 335,140 shares of 10X Genomics Inc. (TXG) through multiple ETFs.</li>
<li>Ark Invest sold 55,419 shares of Roblox Corp. (RBLX).</li>
</ul>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="440" height="279" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02212214/Screenshot-2025-06-03-at-10.21.59.png" alt="" class="wp-image-935791" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02212214/Screenshot-2025-06-03-at-10.21.59.png 440w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02212214/Screenshot-2025-06-03-at-10.21.59-300x190.png 300w" sizes="(max-width: 440px) 100vw, 440px" /></a></figure>
Benzinga's Edge Stock Rankings indicate that Tesla scores high on Momentum, Growth, Quality And Value. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out</a> how Palantir compares.
Photo Courtesy: ChrisStock82 on Shutterstock.com
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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/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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ARKK

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TSLA

Cathie Wood Sells Tesla Stock As Chinese Rivals Gain Ground — Ark Dumps Palantir Amid Privacy Concerns

Investor Kevin O'Leary has dismissed France's shorter workweek as "the stupidest idea I have ever heard." However, several other leaders and tech executives believe artificial intelligence could soon make it a reality.
What Happened: O'Leary, known as "Mr. Wonderful" on Shark Tank, took to X, formerly Twitter, on Sunday and criticized the push for a reduced workweek.&nbsp;
" I think we should let the French go to a two-day work week and then kick their a&#x2A;&#x2A; internationally," said O'Leary.
He then said that the concept of the work week already doesn't work anymore because of the digital economy. "I look at my staff, 40% of them work remotely all around the world."
See Also: <a href="https://www.benzinga.com/news/topics/25/05/45709843/barack-obama-once-said-work-life-balance-isnt-always-possible-if-you-want-to-be-successful-you-can-have-it-all-but-you-cant-have-it-all-at-once">Barack Obama Once Said Work-Life Balance Isn&#8217;t Always Possible If You Want To Be Successful: &#8216;You Can Have It All—But You Can&#8217;t Have It All At Once&#8217;</a>
"It&#8217;s project-based. Can you get it done by the 15th of June? Yes, I can. I don&#8217;t care when you do it, f- four-day, three-day, five-day," he concluded.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">That&#39;s the stupidest idea I have ever heard. I think we should let the French go to a two-day work week and then kick their ass internationally. There&#39;s no such thing as a work week anymore anyways on a digital economy. I look at my staff, 40% of them work remotely all around the… <a href="https://t.co/jElB5lzLBK">pic.twitter.com/jElB5lzLBK</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1929204207250452926?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Earlier, Senator Bernie Sanders (I-Vt.) <a href="https://www.benzinga.com/news/24/03/37681980/bernie-sanders-is-back-with-his-4-day-workweek-plan-with-no-pay-cut-not-a-radical-idea">introduced legislation</a> advocating for a four-day, 32-hour workweek in the U.S., without any cuts to workers&#8217; pay.
He said that although American workers are now more than 400% more productive than they were in the 1940s, many are putting in longer hours while earning comparatively less.
Billionaire Steve Cohen and Zoom CEO Eric Yuan previously expressed their belief that AI will enable shorter weeks by <a href="https://www.benzinga.com/24/09/41041598/zoom-ceo-eric-yuan-predicts-4-day-work-weeks-enabled-by-ai-within-20-years-echoing-views-of-bill-gat">boosting productivity</a>.
Even Microsoft co-founder Bill Gates has said he believes a three-day workweek could be possible in the future <a href="https://www.benzinga.com/news/23/11/35927838/bill-gates-thinks-technology-ai-could-usher-in-a-three-day-work-week">thanks to automation</a>.
Photo Courtesy: Kathy Hutchins on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/startups/24/10/41231722/kevin-oleary-says-theres-no-worklife-balance-for-new-entrepreneurs-as-guys-in-mumbai-or-shanghai-wor" target="_blank" rel="noreferrer noopener">Kevin O&#8217;Leary Says There&#8217;s No Work/Life Balance For New Entrepreneurs As ‘Guys In Mumbai Or Shanghai&#8217; Work &#8217;24hrs A Day, Eight Days A Week&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Kevin O'Leary Blasts Four-Day Workweek As The 'Stupidest Idea Ever' — Here's Why Mr Wonderful Thinks The Concept Doesn't Work In The Era Of Remote Work

Sen. Chuck Schumer (D-N.Y.) tore into Donald Trump&#8217;s alleged &#8220;side deal&#8221; with Iran on Monday and demanded that the president make public any such agreements with Tehran.
What Happened: Schumer took to X to criticise Trump, Secretary of State Marco Rubio and United States Special Envoy to the Middle East Steve Witkoff. 
He said, &#8220;If TACO Trump is already folding on Iran, the American people need to know about it.&#8221; TACO refers to a <a href="https://www.benzinga.com/25/05/45665026/trump-always-chickens-out-president-confronted-with-taco-trade-thesis-by-reporteras-markets-bet-hell-blink-again">Wall Street trade</a> premised on the idea that the president always backs away from his earlier aggressive stances. It&#8217;s an acronym for &#8220;Trump Always Chickens Out.&#8221;
<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">If TACO Trump is already folding on Iran, the American people need to know about it. No side deals. <a href="https://t.co/T4gnekrGhT">pic.twitter.com/T4gnekrGhT</a>
&mdash; Chuck Schumer (@SenSchumer) <a href="https://twitter.com/SenSchumer/status/1929676991789203528?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Schumer said Trump was &#8220;all over the lot&#8221; when it came to negotiating with Iran, in a video he attached to his post. &#8220;One day, he sounds tough, the next day he&#8217;s backing off.&#8221; The Senate minority leader said that it&#8217;s become public that Rubio and Witkoff are negotiating a &#8220;secret side deal&#8221; with Iran.
&#8220;They&#8217;re gonna sound tough in public and then and then have a side deal that lets Iran get away with everything? That&#8217;s outrageous,&#8221; said Schumer. He then went on to demand that such a deal be put before the American people and the Congress.
The United States has reportedly put forward a nuclear proposal to Iran, permitting limited low-level uranium enrichment within the country. This move marks a departure from previous public statements by U.S. officials advocating for zero enrichment.
The proposal, <a href="https://www.axios.com/2025/06/02/iran-nuclear-deal-proposal-enrich-uranium">reported</a> by Axios, was delivered by Witkoff. It includes preliminary ideas for the upcoming round of nuclear talks. The plan suggests that Iran dismantle key nuclear infrastructure and cease new centrifuge research. Additionally, it proposes a regional enrichment consortium, limiting Iran&#8217;s domestic capabilities to civilian purposes.
This proposal has raised concerns among U.S. allies, particularly Israel and Republican senators, who have consistently advocated for zero enrichment and the complete dismantlement of Iran&#8217;s nuclear program. Axios reported that Prime Minister Benjamin Netanyahu has been pushing for a stringent deal and cautioned against actions that might jeopardize negotiations.
See Also: <a href="https://benzinga.com/markets/economic-data/25/06/45715685/howard-lutnick-calls-1-2-trillion-trade-deficit-a-national-emergency-says-trumps-tariffs-ar" target="_blank" rel="noreferrer noopener">Howard Lutnick Calls $1.2 Trillion Trade Deficit A &#8216;National Emergency,&#8217; Says Trump&#8217;s Tariffs Are &#8216;Not Going Away&#8217;</a>
Meanwhile, Trump took to social media to deny that the administration would allow Iran to enrich Uranium.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="606" height="198" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02203907/Screenshot-2025-06-03-at-9.38.51.png" alt="" class="wp-image-935764" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02203907/Screenshot-2025-06-03-at-9.38.51.png 606w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02203907/Screenshot-2025-06-03-at-9.38.51-300x98.png 300w" sizes="(max-width: 606px) 100vw, 606px" /></figure>
Screenshot from President Donald Trump&#8217;s Truth Social Account
Why It Matters: In April 2025, Iran signaled its willingness to engage in high-level nuclear discussions with the U.S., while warning against <a href="https://www.benzinga.com/news/25/04/44758747/iran-signals-openness-to-nuclear-talks-with-us-warns-against-trumps-aggressive-theatrics">Trump&#8217;s aggressive theatrics</a>.
The latest proposal comes after a series of diplomatic gestures and tensions between the U.S. and Iran. In May 2025, Trump <a href="https://www.benzinga.com/25/05/45395894/trump-makes-peace-gesture-at-iran-amid-middle-east-optimism-willing-to-end-past-conflicts-and-forge-new-partnerships">extended an olive branch</a> to Iran, expressing hope for improved relations in the Middle East. This was part of a broader strategy to be perceived as a global peacemaker.
Trump had earlier reinstated his &#8220;maximum pressure&#8221; sanctions campaign on Iran, <a href="https://www.benzinga.com/25/02/43480859/trump-confirms-maximum-economic-pressure-on-iran-calls-chinas-tariff-retaliation-fine">aiming to increase economic and political pressure</a> on Tehran. This dual approach of pressure and diplomacy has characterized the U.S.-Iran relations under Trump&#8217;s administration.
Photo Courtesy: Bumble Dee On Shutterstock.com
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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/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Chuck Schumer Says If 'TACO Trump' Is Already Folding On Iran The American People Need To Know: 'One Day, He Sounds Tough, The Next Day He's Backing Off'

Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) <a href="https://www.salesforce.com/news/press-releases/2025/05/27/salesforce-signs-definitive-agreement-to-acquire-informatica/">announced</a> Tuesday that it will acquire Informatica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NYSE">INFA</a>) in a cash deal valued at approximately $8 billion. The acquisition underscores Salesforce's intent to bolster its artificial intelligence capabilities by integrating a core player in enterprise data management.
Under the terms of the deal, holders of Informatica's Class A and Class B-1 common stock will receive $25 per share — an 11% premium over the company's closing price of $22.55 on Friday, <a href="https://techcrunch.com/2025/05/27/salesforce-acquires-informatica-for-8-billion/">TechCrunch</a> reported.
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<h2 class="wp-block-heading">Informatica: &#8216;The Plumbing For AI&#8217;</h2>
Informatica CEO Amit Walia framed the acquisition as a shared effort to bring data and AI to life, describing Informatica in a statement as the plumbing for AI and data. Informatica's Intelligent Data Management Cloud platform helps enterprises connect, manage, and unify complex data systems across multi-cloud and hybrid environments.
"Joining forces with Salesforce represents a significant leap forward in our journey," Walia said in a statement on Tuesday. "We have a shared vision for how we can help organizations harness the full value of their data in the AI era."
Steve Fisher, Salesforce's chief technology officer, said that the truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data, adding that Informatica's metadata and catalog tools will complement Salesforce's agentic AI platform, Agentforce.
Trending: <a href="https://www.benzinga.com/money/this-ai-imaging-technology-has-been-used-in-more-than-500-surgeries-now-you-can-be-part-of-the-ai-imaging-revolution">Be part of the next med-tech breakthrough for only $350 — 500+ surgeries already done with nView's AI system.</a>
<h2 class="wp-block-heading">Strategic Rationale: Building A Foundation For Agentic AI</h2>
The acquisition builds on Salesforce's previous investments in data and AI. It follows the company's multibillion-dollar acquisitions of Slack at $27.7 billion in 2021, Tableau at $15.7 billion in 2019, and MuleSoft at $6.5 billion in 2018.&nbsp;
According to Salesforce CEO Marc Benioff, Informatica will be integrated alongside Data Cloud, Tableau, and MuleSoft to enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company.
Salesforce&#8217;s operating and financial chief Robin Washington said the company will move quickly to leverage Informatica's capabilities across public sector, life sciences, healthcare, and financial services verticals, where governed, trustworthy data is critical.
The deal is expected to close in early fiscal 2027, pending regulatory approvals and other customary closing conditions.
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">From Buyout To Buy-In</h2>
Informatica was taken private in 2015 through a $5.3 billion deal led by private-equity firm Permira and the Canada Pension Plan Investment Board. Informatica says it serves more than 5,000 customers across nearly 100 countries, including over 80 of the Fortune 100, according to its acquisition announcement.
The transaction will be financed through a combination of Salesforce's cash and new debt, the company said in the announcement.&nbsp;
Read Next: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
Image: Shutterstock

INFA

Why Salesforce Is Paying $8 Billion for 'the Plumbing of AI'

SPYQ

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

QQQP

AGMH

MQQQ

Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) has outperformed the market over the past 10 years by 10.11% on an annualized basis producing an average annual return of 21.13%. Currently, Palo Alto Networks has a market capitalization of $129.80 billion. 
Buying $100 In PANW: If an investor had bought $100 of PANW stock 10 years ago, it would be worth $676.52 today based on a price of $194.66 for PANW at the time of writing.
<h3>Palo Alto Networks's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748907919_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PANW

Here's How Much $100 Invested In Palo Alto Networks 10 Years Ago Would Be Worth Today

ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) has outperformed the market over the past 5 years by 2.94% on an annualized basis producing an average annual return of 16.11%. Currently, ON Semiconductor has a market capitalization of $17.84 billion. 
Buying $100 In ON: If an investor had bought $100 of ON stock 5 years ago, it would be worth $224.13 today based on a price of $42.70 for ON at the time of writing.
<h3>ON Semiconductor's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748907012_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 5 Years Ago, You Would Have This Much Today

Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) has outperformed the market over the past 15 years by 13.7% on an annualized basis producing an average annual return of 25.82%. Currently, Booking Holdings has a market capitalization of $180.24 billion. 
Buying $100 In BKNG: If an investor had bought $100 of BKNG stock 15 years ago, it would be worth $3,140.15 today based on a price of $5538.91 for BKNG at the time of writing.
<h3>Booking Holdings's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748906116_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BKNG

$100 Invested In Booking Holdings 15 Years Ago Would Be Worth This Much Today

Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) has outperformed the market over the past 10 years by 1.6% on an annualized basis producing an average annual return of 12.62%. Currently, Morgan Stanley has a market capitalization of $205.99 billion. 
Buying $100 In MS: If an investor had bought $100 of MS stock 10 years ago, it would be worth $328.47 today based on a price of $128.40 for MS at the time of writing.
<h3>Morgan Stanley's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748905215_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Morgan Stanley Stock In The Last 10 Years

Warren Buffett's investment in Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) is a master class in patient, long-term investing — and it pays him handsomely <a href="https://www.benzinga.com/24/11/42115069/warren-buffett-is-set-to-collect-776-million-in-coca-cola-dividends-but-daughter-says-his-wife-buys-him-the-soda-on-sale">every single day.</a>
What To Know: In 1988, Buffett began buying shares of Coca-Cola in the aftermath of the 1987 stock market crash and ultimately amassed 400 million shares through his company Berkshire Hathaway, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>). 
The company's stake in Coca-Cola represents more than 10% of Berkshire&#8217;s portfolio and about 8% of Coca-Cola's outstanding shares. 
Read Next: <a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/45727360/amazon-analyst-sees-robotics-unlocking-billions-in-savings?utm_source=articleShare">Amazon Analyst Sees Robotics Unlocking Billions In Savings</a>
Fast forward to 2025, and those 400 million shares are worth over $25 billion — but the real magic is in the dividends. 
Coca-Cola pays shareholders a<a href="https://www.benzinga.com/quote/KO/dividends"> quarterly dividend</a> of 51 cents per share, amounting to $2.04 per share annually. Warren Buffett's Berkshire Hathaway is set to earn $816 million in Coca-Cola dividends in 2025.&nbsp;
Broken down, that's about $2.23 million flowing into Berkshire's coffers every single day, or nearly $93,000 per hour.&nbsp;
What Else: Buffett is well known for drinking Coke and has <a href="https://www.benzinga.com/personal-finance/25/01/43341020/warren-buffett-would-give-up-a-year-of-his-life-to-eat-whatever-he-wants-his-daughter-confirms-he-still-gets-daily-mcdonalds-breakfast-at-94">said he drinks</a> about five cans a day, even at age 94.&nbsp;
In 2015, he joked to Fortune, &#8220;I&#8217;m one-quarter Coca-Cola,&#8221; admitting that <a href="https://www.benzinga.com/personal-finance/24/09/40971688/warren-buffett-owns-28b-in-coca-cola-stock-and-drinks-5-cans-a-day-i-dont-think-the-prostate-can">the drink accounts</a> for 25% of his daily calorie intake.&nbsp;
As he famously quipped, "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes." 
For Buffett, Coca-Cola has been a sweet investment — one that pays, quite literally, every single day.
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Equities

Movers & Shakers

Success Stories

Warren Buffett Makes Over $2.2 Million A Day From This Stock

argenx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARGX#NASDAQ">ARGX</a>) has outperformed the market over the past 5 years by 7.77% on an annualized basis producing an average annual return of 20.94%. Currently, argenx has a market capitalization of $35.06 billion. 
Buying $1000 In ARGX: If an investor had bought $1000 of ARGX stock 5 years ago, it would be worth $2,528.02 today based on a price of $574.14 for ARGX at the time of writing.
<h3>argenx's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748904316_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARGX

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

When it comes to personal finance, Kevin O&#8217;Leary isn&#8217;t sugarcoating anything. The &#8220;Shark Tank&#8221; investor is once again calling out high-interest <a href="https://www.benzinga.com/news/25/04/44889438/survey-unveils-american-misconceptions-about-credit-card-debt-management">credit card debt</a> and urging people to make getting out of it a top priority.
<h2 class="wp-block-heading">Debt Takes You Down</h2>
&#8220;The reason I own all the credit card companies is I&#8217;m getting paid 23% by people that have credit balances on their cards,&#8221; O&#8217;Leary said in a recent <a href="https://x.com/kevinolearytv/status/1927356996786786449">post on X</a>. &#8220;It&#8217;s crazy that you would pay interest of 23% on what you owe the credit card company.&#8221;
<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">The reason I own all the credit card companies is I&#39;m getting paid 23% by people that have credit balances on their cards. It&#39;s crazy that you would pay interest of 23% on what you owe the credit card company. You should pay off your balance there and then retire all your debt… <a href="https://t.co/6O1rIO0pQQ">pic.twitter.com/6O1rIO0pQQ</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1927356996786786449?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
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In an interview clip shared with the post, he went further: &#8220;You should pay off your balance there and then retire all your debt and start saving, even if you&#8217;re 30 or 40. You&#8217;d be amazed the <a href="https://www.benzinga.com/general/market-summary/25/05/45490762/charlie-munger-once-said-the-first-rule-of-compounding-is-to-never-interrupt-it-unnecessarily-now-his-wisdom-rings-true-as-the-sp-500-surges-220-over-10-years">power of compounding interest</a> over even a decade. It&#8217;s never too late. The key to life is stay out of debt.&#8221;
O&#8217;Leary also said credit card debt &#8220;comes out of nowhere and bites you&#8221; when you&#8217;re not ready. He called it &#8220;the <a href="https://www.benzinga.com/news/25/02/43424608/21-interest-rates-youve-got-to-be-kidding-me-kevin-oleary-slams-credit-card-debt-as-the-real-silent-killer-in-america">real silent killer</a> in America&#8221; in a separate <a href="https://x.com/kevinolearytv/status/1883537883501310043">interview</a> with WNYW-TV&#8217;s &#8220;Good Day New York,&#8221; emphasizing that most people don&#8217;t even realize how much they&#8217;re overspending.
His advice is to keep it simple: &#8220;Take a piece of paper, you don't need a computer, write down the money you made in 90 days and how much you spent during that same period.&#8221;
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
The reality for many, he says, is that they&#8217;re spending more than they earn. And what makes up the gap? Credit cards, with interest rates now averaging around 21%.
U.S. consumers hold $1.18 trillion in credit card debt in Q1, according to the <a href="https://www.newyorkfed.org/microeconomics/hhdc">Federal Reserve Bank of New York</a>. Balances fell by $29 billion from the previous quarter.
Billionaire Mark Cuban <a href="https://www.benzinga.com/personal-finance/24/05/39092288/if-you-use-your-credit-card-you-do-not-want-to-be-rich-warns-mark-cuban-on-the-dave-ramsey-show">shares the same view</a>. &#8220;If you use your credit cards, you do not want to be rich,&#8221; he told Dave Ramsey on &#8220;<a href="https://www.youtube.com/watch?v=KA0IUaoXSew">The Ramsey Show</a>.&#8221; Cuban suggests paying them off and getting rid of them completely. &#8220;If you pay that down you just earned 15 or 20%,&#8221; he said. Ramsey added that 75% of wealthy people make staying out of debt a top priority.&nbsp;
O&#8217;Leary insists it comes down to buying only what you can truly afford. He used his watches as an example: &#8220;This is a priceless Rolex&#8230; probably worth $150,000. Here&#8217;s a $300 Timex. Why do I wear them both? Two different time zones, but also this is a beautiful dial for 300 bucks.&#8221;
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Kevin O'Leary Says 'It's Crazy' To Pay 23% Interest On Credit Card Debt. Here's What He Thinks 'The Key To Life' Is

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Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth $4,273.18 today based on a price of $215.24 for GWRE at the time of writing.
<h3>Guidewire Software's Performance Over Last 10 Years</h3>
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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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