Happy Belly Food Group Azioni (OTC: HBFGF)

Ultime notizie per Happy Belly Food Group (OTC:HBFGF) Azioni

Happy Belly Food Group Inc is a quick-serve restaurant and consumer packaged goods wellness company bringing delicious foods and retail brands to customers. The Company has two operating segments which are Consumer product goods and Quick restaurant services. The consumer product goods currently consist of two brands namely, Holy Crap which produces and sells breakfast cereal and related food products, and Lumber Heads which produces and sells snack foods. The Company operates a number of plant-based restaurants namely Yamchops, Heal Lifestyle, and Lettuce Love.

HAPPY BELLY FOOD GRP INC by HAPPY BELLY FOOD GROUP INC.

Happy Belly Food Group Inc

Piper Sandler analyst Brent Bracelin maintains Amplitude (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPL#NASDAQ">AMPL</a>) with a Overweight and raises the price target from $14 to $15.

News

Price Target

Analyst Ratings

AMPL

Piper Sandler Maintains Overweight on Amplitude, Raises Price Target to $15

A new study published in Nature Climate Change demonstrates that the richest individuals disproportionately contribute to climate extremes.
The analysis shows that only 10% of the global population accounts for the majority of emissions, leading to heatwaves, droughts, and other extreme events that impact millions of lives worldwide.
What Happened: Researchers examined emissions from consumption and investments between 1990 and 2020 within an emulator-based framework.
They discovered that the wealthiest 10% of the world's population are responsible for two-thirds of global warming, while the top 1% alone contributed one-fifth, which is 6.5 and 20 times the average per capita emissions, respectively.
In case of extreme weather events, the top 10% were behind 7 times the average contribution to increases in 1-in-100-year monthly heat extremes, while the top 1% contributed 26 times more.
When it comes to Amazon droughts, their contributions were 6 times and 17 times the average, respectively. Emissions from the richest 10% in the U.S. and China led to a two-to-threefold increase in heat extremes across already at-risk areas.
See Also: <a href="https://www.benzinga.com/media/25/05/45216185/bill-gates-says-trumps-climate-rollbacks-may-have-slowed-progress-but-microsoft-co-founder-doesnt-think-thats-a-permanent-thing-as-americas-commitment-to-clean-energy">Bill Gates Says Trump&#8217;s Climate Rollbacks May Have Slowed Progress, But Microsoft Co-Founder Doesn&#8217;t Think &#8216;That&#8217;s a Permanent Thing&#8217;</a>
Why It Matters: Authors of the study note that extreme weather linked to climate change has led to an average of $143 billion in annual damages over the past twenty years.
In 2019, the wealthiest 10% of the global population drove almost half of all emissions from consumption and investments, while the poorest 50% were responsible for just one-tenth.
"At the same time, regions with low historic emissions and income levels are typically more frequently and severely exposed to climate impacts and have limited resources for adaptation," they add.
The study comes on the heels of a recent statement from Bill Gates, who said rich countries "owe it to the world" to get themselves down to net-zero emissions.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45277281/us-and-uk-close-to-finalizing-trade-deal-as-trump-teases-very-very-big-announcement-report">Trump Teases &#8216;Very, Very Big Announcement&#8217; As US, UK Close To Finalizing Trade Deal: Report</a></li>
</ul>
Photo courtesy: Shutterstock

Education

General

The Top 10% Are Fueling The Climate Crisis: Wealthiest People Linked To Most Extreme Weather Events, Study Finds

Piper Sandler analyst Arvind Ramnani maintains Paycom Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>) with a Neutral and raises the price target from $224 to $246.

PAYC

Piper Sandler Maintains Neutral on Paycom Software, Raises Price Target to $246

Shares of AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) rose sharply in today's pre-market trading after the company reported better-than-expected <a href="https://www.benzinga.com/quote/APP/earnings">first-quarter financial results</a>.
AppLovin reported first-quarter revenue of $1.48 billion, beating analyst estimates of $1.38 billion, according to Benzinga Pro. The company reported first-quarter earnings of $1.67 per share, beating analyst estimates of $1.45 per share.
AppLovin shares jumped 14.6% to $347.79 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Digital Ally, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGLY#NASDAQ">DGLY</a>) rose 77.4% to $0.0869 in pre-market trading after dipping over 90% on Wednesday. Digital Ally received positive listing determination from the Nasdaq.</li>
<li>ZK International Group Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZKIN#NASDAQ">ZKIN</a>) surged 48.2% to $1.63 in pre-market trading after jumping over 10% on Wednesday.</li>
<li>Asset Entities Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) gained 38.3% to $4.69 in pre-market trading. Asset Entities shares jumped 450% on Wednesday after the company announced it entered into a merger agreement with Strive Asset Management to be the first publicly traded asset management bitcoin treasury company.</li>
<li>Sezzle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEZL#NASDAQ">SEZL</a>) jumped 31.3% to $69.30 in pre-market trading after the company reported better-than-expected first-quarter earnings.</li>
<li>PainReform Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRFX#NASDAQ">PRFX</a>) gained 23.8% to $2.65 in pre-market trading after the company announced it launched a strategic AI pilot with Econergy Renewable Energy.</li>
<li>DevvStream Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DEVS#NASDAQ">DEVS</a>) surged 22.5% to $0.4914 in pre-market trading after jumping 108% on Wednesday.</li>
<li>Magnite, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) gained 16.6% to $14.50 in pre-market trading after the company announced upbeat quarterly results.</li>
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) climbed 12.3% to $8.30 in pre-market trading after the company reported better-than-expected first-quarter financial results.</li>
<li>Cantor Equity Partners, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEP#NASDAQ">CEP</a>) gained 10.2% to $35.15 in pre-market trading after climbing 9% on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>NuCana plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNA#NASDAQ">NCNA</a>) shares dipped 66.4% to $0.1012 in pre-market trading after dipping 25% on Wednesday. NuCana recently announced a registered direct offering with approximately $7 million gross proceeds.</li>
<li>Empire Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EP#NYSE">EP</a>) shares fell 36.5% to $2.51 in pre-market trading.</li>
<li>LogicMark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGMK#NASDAQ">LGMK</a>) shares fell 30.2% to $0.0095 in pre-market trading after dipping 12% on Wednesday.</li>
<li>NetClass Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCL#NASDAQ">NTCL</a>) fell 18.7% to $26.37 in pre-market trading.</li>
<li>Fluence Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>) shares tumbled 15.1% to $3.83 in pre-market trading after the company reported a wider-than-expected quarterly loss and lowered its FY25 sales forecast.</li>
<li>Semrush Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) dipped 13% to $8.89 in pre-market trading after posting downbeat quarterly earnings.</li>
<li>Emerald Holding Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EEX#NYSE">EEX</a>) fell 12.6% to $4.01 in today's pre-market trading. Emerald Holding recently reported better-than-expected first-quarter financial results and issued FY25 sales guidance with its midpoint above estimates.</li>
<li>Arm Holdings PLC &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) fell 10.6% to $110.88 in pre-market trading after the company reported fourth-quarter financial results and issued FY26 guidance below estimates. Also, the company issued first-quarter adjusted EPS guidance below estimates.</li>
<li>Consensus Cloud Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCSI#NASDAQ">CCSI</a>) declined 10.2% to $20.03 in pre-market trading after reporting first-quarter results.</li>
<li>New Century Logistics (BVI) Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCEW#NASDAQ">NCEW</a>) fell 10.2% to $1.48 in pre-market trading after dipping 24% on Wednesday.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/25/05/45251088/top-3-financial-stocks-that-may-plunge-in-may">Top 3 Financial Stocks That May Plunge In May</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Markets

Movers

Trading Ideas

ASST

CCSI

DEVS

DGLY

FLNC

LGMK

MGNI

NCEW

NCNA

NTCL

PRFX

SEMR

SEZL

ZKIN

Why AppLovin Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket

<a href="https://www.wsj.com/politics/policy/trump-to-announce-trade-agreement-with-britain-bf937c67" title="https://www.wsj.com/politics/policy/trump-to-announce-trade-agreement-with-britain-bf937c67">https://www.wsj.com/politics/policy/trump-to-announce-trade-agreement-with-britain-bf937c67</a>

Macro Economic Events

Economics

The Wall Street Journal Reported Earlier President Trump Expected To Announce U.K. Trade Deal Framework On Thursday

Infineon Technologies (OTC:<a class="ticker" href="https://www.benzinga.com/stock/IFNNY#OTC">IFNNY</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.32 by 12.5 percent. This is a 21.74 percent decrease over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $3.78 billion which beat the analyst consensus estimate of $3.58 billion by 5.47 percent. This is a 4.28 percent decrease over sales of $3.94 billion the same period last year.

Earnings

Earnings Beats

IFNNY

Infineon Technologies Q2 Adj. EPS $0.36 Beats $0.32 Estimate, Sales $3.78B Beat $3.58B Estimate

Canadian Natural Res (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.73 by 10.96 percent. This is a 58.82 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $7.62 billion which beat the analyst consensus estimate of $6.80 billion by 12.06 percent. This is a 24.59 percent increase over sales of $6.12 billion the same period last year.

Canadian Natural Res Q1 Adj. EPS $0.81 Beats $0.73 Estimate, Sales $7.62B Beat $6.80B Estimate

Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) has projected a one-fifth decline in operating profit for the fiscal year ending March 2026, citing significant headwinds from President Donald Trump&#8216;s tariff policies and a stronger yen just one year after posting record earnings. 
What Happened: Toyota CEO Koji Sato announced Thursday that the world&#8217;s largest automaker expects a $1.3 billion financial impact from U.S. tariffs in April and May alone, with future effects &#8220;very difficult to forecast&#8221; due to extreme uncertainty in global trade relations, <a href="https://www.nytimes.com/2025/05/08/business/toyota-earnings-trump-tariffs.html">reported</a> the New York Times. 
&#8220;The current environment surrounding the auto industry, including trade relations, is in extreme flux,&#8221; Sato said during a briefing. 
The somber outlook represents a dramatic reversal from May 2024, when Toyota reported the highest annual profit ever recorded by a Japanese firm.
See Also: <a href="https://www.benzinga.com/markets/25/05/45277938/ford-hikes-prices-of-select-mexico-produced-vehicles-amid-auto-tariff-uncertainty-report">Ford Hikes Prices Of Select Mexico-Produced Vehicles Amid Auto Tariff Uncertainty: Report</a>
Why it matters: According to JPMorgan analyst Akira Kishimoto, Japanese automakers collectively could face a potential hit of 4.46 trillion yen (about $29.44 billion) from the tariffs, though Toyota <a href="https://www.benzinga.com/news/25/04/45049101/toyota-eyes-major-shakeup-with-42-billion-offer-for-toyota-industries">remains JPMorgan&#8217;s top pick given its resilience</a> and strong fundamentals.
Toyota is reportedly considering shifting production of its <a href="https://www.benzinga.com/government/regulations/25/04/44909696/toyota-eyes-us-assembly-of-rav4-in-kentucky-as-a-shield-against-trumps-tariffs">next-generation RAV4 SUV to Kentucky</a> by 2027 to bypass the tariffs, according to Reuters. The RAV4 was America&#8217;s best-selling vehicle in 2024, with over 475,000 units sold, representing approximately 20% of Toyota&#8217;s total U.S. vehicle sales.
Other automakers have made similar downward revisions, with General Motors lowering its 2025 profit forecast by over 20% last week, citing <a href="https://www.benzinga.com/news/earnings/25/05/45150325/gm-cut-its-2025-forecast-on-tariffs-but-core-business-holds-up-says-goldman-sachs">projected cost increases of $4 billion or more</a> from the Trump tariffs.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/management/25/05/45277888/openai-taps-instacart-ceo-fidji-simo-as-chief-of-applications-sam-altman-to-focus-on-research-compute-and-safety-amid-superintelligence-push">OpenAI Taps Instacart CEO Fidji Simo As Chief Of Applications, Sam Altman To Focus On &#8216;Research, Compute And Safety&#8217; Amid Superintelligence Push</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Asia

Equities

Trump Tariffs To Cost Toyota $1.3 Billion As Japanese Automaker Warns Forecasting Is 'Very Difficult' Amid Uncertainty

ACM is maintaining its revenue guidance range of $850 million to $950 million for fiscal year 2025. This expectation is based on ACM management's current assessment of the continuing impact from international trade policy, together with various expected spending scenarios of key customers, supply chain constraints, and the timing of acceptances for first tools under evaluation in the field, among other factors.

Guidance

ACMR

ACM Research Affirms FY2025 Sales Guidance of $850M-$950M vs $921.25M Est

ACM Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACMR#NASDAQ">ACMR</a>) affirms FY2025 sales outlook from $850.00 million-$950.00 million to $850.00 million-$950.00 million vs $921.25 million estimate.

ACM Research Affirms FY2025 Sales Guidance of $850.00M-$950.00M vs $921.25M Est

ACM Research Q1 2025 Adj. EPS $0.46 Beats $0.37 Estimate, Sales $172.35M Beat $165.34M Estimate

As the market grapples with uncertainties amid the ongoing policy disruption and tariff battle, Jurrien Timmer, director of global macro at Fidelity Investments, suggests that a simple look at the S&amp;P 500 chart offers a compelling answer for those pondering their next move: &#8220;long.&#8221;
What Happened: In a recent X post accompanied by a 10-year S&amp;P 500 index chart, Timmer presented a straightforward yet insightful perspective. He posed the question, &#8220;At times of uncertainty, I find it useful to pull up a simple chart of the S&amp;P 500 and ask myself: do I want to be long or short this chart?&#8221;
His conclusion, drawn from the technical patterns displayed, leans firmly toward establishing or adding to &#8220;long&#8221; positions.
The chart, tracking the weekly performance of the S&amp;P 500 and its 200-day moving average, highlights a consistent rising uptrend line that has provided a general floor for the market over the years. Notably, Timmer points out the recent market action, where the index swung from a position significantly above this trendline to one considerably below it.
According to the data presented, the S&amp;P 500 appears to have gravitated back to this long-term uptrend line. This convergence, according to Timmer, &#8220;suggests that the market has found its balance.&#8221;
Timmer&#8217;s analysis hinges on core technical analysis principles. The rising uptrend line typically indicates sustained buying interest and a general positive trajectory for the asset. A temporary dip below this line can often be interpreted as an oversold condition, presenting a potential buying opportunity as the market seeks to revert to its established trend.
<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">At times of uncertainty, I find it useful to pull up a simple chart of the S&amp;P 500 and ask myself: do I want to be long or short this chart? Different people will come up with different answers, but for me the chart below suggests "long." We have a rising uptrend line and a… <a href="https://t.co/DsLOxYz6sn">pic.twitter.com/DsLOxYz6sn</a>
&mdash; Jurrien Timmer (@TimmerFidelity) <a href="https://twitter.com/TimmerFidelity/status/1920148872690532867?ref_src=twsrc%5Etfw">May 7, 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/25/05/45276870/carvana-ceo-believes-tariffs-could-benefit-used-cars-as-it-achieves-long-term-profitability-goal-years-ahead-of-schedule">Carvana CEO Believes Tariffs Could &#8216;Benefit&#8217; Used Cars As It Achieves Long-Term Profitability Goal Years Ahead Of Schedule</a>
Why It Matters: Despite Timmer&#8217;s personal views based on his analysis, investors could potentially consider having &#8220;long&#8221; positions; however, the decision to be &#8220;long&#8221; or &#8220;short&#8221; rests with each individual investor.
After Wednesday, the S&amp;P 500 index was out of the correction zone, just down 8.34% from its record high of 6,147.43 points, scaled on Feb. 19. Dow Jones was 8.78% lower than its 52-week high of 45,073.63 points, and Nasdaq 100 was 10.6% lower than its previous high of 22,222.61 points.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Thursday. The SPY was up 0.76% to $565.43, while the QQQ advanced 1.08% to $488.50, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
The SPY closed 0.42% higher at $561.15, and the QQQ advanced 0.39% to end at $483.30 on Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/05/45251508/warren-buffett-falls-behind-nancy-pelosi-in-stock-market-returns-over-the-last-11-years-heres-what-data-shows">Warren Buffett Falls Behind Nancy Pelosi In Stock Market Returns Over The Last 11 Years: Here&#8217;s What Data Shows</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Long Ideas

Market Summary

S&P 500 Chart Indicates Adding 'Long' Positions As Expert Says 'Market Has Found Its Balance'

The U.S. Patent and Trademark Office has refused Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) attempt to trademark the term "Robotaxi."
What Happened: The USPTO issued a ‘Nonfinal Office Action' notice to Elon Musk's company on Tuesday, a filing by the agency revealed.
The agency said that it refused to grant the trademark as the term is "Merely Descriptive." Another trademark for Tesla's ride-hailing service is still under review.
"Registration is refused because the applied-for mark merely describes a feature, ingredient, characteristic, purpose, function, intended audience of the applicant's goods and/or services," the filing stated.
The agency also said that the term &#8220;Robotaxi&#8221; is used generically by autonomous ride-sharing companies. However, USPTO stated that Tesla can provide evidence to support its trademark claim.
These can include "Fact sheets, instruction manuals, brochures, advertisements and pertinent screenshots of applicant's website as it relates to the goods and/or services in the application, including any materials using the terms in the applied-for mark."
Additionally, the agency also halted Tesla's Cybercab trademark. "Registration of the applied-for mark is refused because of a likelihood of confusion," with other similar trademark applications, the agency said.
Why It Matters: The decision comes as Musk and Tesla are gearing up to launch the company's Robotaxi service next month in Austin, Texas. Musk reiterated at the company's recent Q1 Earnings Call that Tesla would <a href="https://www.benzinga.com/news/earnings/25/04/44943387/elon-musk-shares-fsd-update-at-tesla-earnings-call-10-to-20-model-ys-will-offer-paid-robotaxi-rides-in-june">deploy 10 to 20 Model Ys </a>on Robotaxi launch day.
The EV giant has also begun operating its robotaxi services in a limited rollout for employees, and has completed <a href="https://www.benzinga.com/tech/25/04/44972108/tesla-quietly-launched-robotaxi-service-for-employees-before-june-debut-now-reports-1500-completed-trips">more than 1,500 trips </a>in Austin as well as the San Francisco Bay Area.
Elsewhere, the autonomous taxi segment is steadily growing in the U.S. as ride-hailing giant Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) recently<a href="https://www.benzinga.com/markets/25/05/45162888/uber-heats-up-robotaxi-battle-against-tesla-waymo-with-may-mobility-deal"> announced a partnership </a>with May Mobility to operate thousands of robotaxis on its platform.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="197" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08040910/TSLA-MAY-8-2025-1024x197.jpg" alt="" class="wp-image-907343" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08040910/TSLA-MAY-8-2025-1024x197.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08040910/TSLA-MAY-8-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08040910/TSLA-MAY-8-2025-768x148.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08040910/TSLA-MAY-8-2025-1536x296.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08040910/TSLA-MAY-8-2025.jpg 1644w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
TSLA showcases excellent scores on Momentum and Quality metrics, has a satisfactory Growth rating, but scores poorly on 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's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/45001024/trump-administration-announces-exemptions-for-autonomous-driving-companies-in-the-us-eases-self-driving-crash-report-requirements">Tesla's Robotaxi Rollout Gets Timely Boost: Trump Administration Announces Exemptions For Autonomous Driving Companies</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

UBER

Elon Musk's Cybercab Ambitions Face Latest Snag: Tesla's 'Robotaxi' Trademark Filing Refused

U.S. Vice President J.D. Vance has highlighted the importance of unity between the U.S. and Europe, marking a significant shift from his previous stance.
What Happened:&nbsp;Vance made these comments at&nbsp;the Munich Leaders Meeting in&nbsp;Washington on Wednesday. &#8220;I&nbsp;do still very much think&nbsp;the US and Europe are&nbsp;on the same team,&#8221; stated Vance, as reported by the&nbsp;<a href="https://www.scmp.com/news/world/europe/article/3309470/striking-softer-tone-vance-says-us-and-europe-same-team">South China Morning Post</a>. &nbsp;His comments stood in stark contrast to his February speech at a security forum in Munich, where he drew criticism in Europe for attacking EU policies on immigration and free speech.
In his latest address, Vance stressed the deep-rooted connections between&nbsp;Europe and the United States. He dismissed the notion of a significant divide between the two and said &#8220;..it's completely ridiculous to think that you're ever going to be able to drive a firm wedge between the United States and Europe."
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/05/45254558/china-could-sell-its-us-holdings-without-having-to-give-in-says-expert-risk-asset-prices-are-trumps-achilles-heel" target="_blank" rel="noreferrer noopener">China Could Sell Its US Holdings Without Having To &#8216;Give In,&#8217; Says Expert: &#8216;Risk Asset Prices Are Trump&#8217;s Achilles Heel&#8217;</a>
Why It Matters: Vance&#8217;s change in tone comes amid a series of events that have strained US-Europe relations. In April, the&nbsp;<a href="https://www.benzinga.com/markets/eurozone/25/04/44695371/eu-online-crackdown-may-fuel-more-tensions-with-trump-officials">EU&#8217;s crackdown</a> on online speech&nbsp;led to potential tensions with the Trump administration. Later that month, concerns arose that&nbsp;China might exploit <a href="https://www.benzinga.com/news/global/25/04/44892820/xi-jinping-could-woo-europe-with-a-potential-china-deal-to-undercut-trumps-tariff-strategy-expert-warns">strained US-EU relations</a>&nbsp;to its advantage in trade negotiations.
Earlier this week, <a href="https://www.benzinga.com/25/05/45193766/france-and-eu-lure-us-researchers-with-nearly-567-million-incentives-amid-trumps-academic-funding-cuts">France and the EU offered incentives</a> worth millions to attract U.S. researchers in response to academic funding cuts in the U.S.
Vance&#8217;s recent remarks may be seen as an attempt to mend fences and strengthen ties between the US and Europe amid these challenges. Also, European Trade Commissioner Maros Sefcovic stated on Wednesday that the European Union's executive arm will provide more details on its proposed countermeasures to President Donald Trump&#8216;s tariffs in an update scheduled for Thursday.
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/05/45275169/ethereum-stagnant-after-pectra-upgrade-but-analyst-deems-the-overhaul-tailwind-that-could-power-eth-above-2000" target="_blank" rel="noreferrer noopener">Ethereum Flat After Pectra Upgrade, But Analyst Foresees Overhaul &#8216;Tailwind&#8217; That Could Take ETH Above $2,000 &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

JD Vance Softens Tone, Says US And Europe Are On 'Same Team,' Calls Divide Talk 'Completely Ridiculous' Ahead Of EU Tariff Response

United Microelectronics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of April 2025.
Revenues for April 2025
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Period</td>
<td colspan="1" rowspan="1">2025</td>
<td colspan="1" rowspan="1">2024</td>
<td colspan="1" rowspan="1">Y/Y Change</td>
<td colspan="1" rowspan="1">Y/Y (%)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">April</td>
<td colspan="1" rowspan="1">20,454,530</td>
<td colspan="1" rowspan="1">19,741,391</td>
<td colspan="1" rowspan="1">713,139</td>
<td colspan="1" rowspan="1">3.61%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Jan.-Apr.</td>
<td colspan="1" rowspan="1">78,313,487</td>
<td colspan="1" rowspan="1">74,373,490</td>
<td colspan="1" rowspan="1">3,939,997</td>
<td colspan="1" rowspan="1">5.30%</td>
</tr>
</tbody>
</table>
</figure>
(&#x2A;) All figures in thousands of New Taiwan Dollars (NT$), except for percentages.

United Microelectronics Reported April 2025 Sales Growth Of 3.61% YoY

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Earnings Scheduled For May 8, 2025

A post on X by a long-time Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull has sparked a conversation on growth, strategy, and consolidation in the EV space.
What Happened: On Wednesday, prominent Tesla bull and fund manager Ross Gerber shared a post on X, suggesting that the EV giant acquire its rival Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</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">Maybe, at some point, it just makes sense for tesla to buy rivian… <a href="https://twitter.com/search?q=%24tsla&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$tsla</a> <a href="https://twitter.com/search?q=%24rivn&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$rivn</a>
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1919916256947257786?ref_src=twsrc%5Etfw">May 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
&#8220;Maybe, at some point, it just makes sense for Tesla to buy Rivian,&#8221; Gerber wrote in a brief, ambiguous post. While he didn't elaborate on what that point might be, the comment quickly sparked debate on X, with users weighing in on both the strategic logic and potential pitfalls of such a move.
See More: <a href="https://www.benzinga.com/25/05/45273837/kevin-oleary-slams-anti-capitalist-views-aoc-embodies-the-american-nightmare-while-musk-and-zuckerberg-represent-hope">Kevin O&#8217;Leary Slams Anti-Capitalist Views – &#8216;AOC Embodies The American Nightmare&#8217; While Musk And Zuckerberg Represent &#8216;Hope&#8217;</a>
When a user commented that it doesn&#8217;t make any sense, since &#8220;Rivian has nothing proprietary that Tesla needs,&#8221; Gerber responded bluntly, saying that they have &#8220;a truck people will buy&#8230;&#8221; Taking a shot at the Tesla Cybertruck, which is currently <a href="https://www.benzinga.com/markets/25/05/45216453/tesla-has-over-10000-units-of-unsold-cybertrucks-in-its-us-inventory-amid-poor-sales-report">grappling with poor sales</a> as inventory continues to pile up.
<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 doesn't make any sense. Rivian has nothing proprietary that Tesla needs.
&mdash; David Havasi (@daveydo2000) <a href="https://twitter.com/daveydo2000/status/1920102323352703468?ref_src=twsrc%5Etfw">May 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Others, including fund manager Richard Todaro, have voiced concerns about Rivian's reliability. &#8220;I like the look of their SUVS, but Rivian SUVs have low reliability,&#8221; Todaro says, citing the company&#8217;s low score of 14 out of 100 in the Consumer Reports&#8217; 2024 survey, flagging recurring battery and electrical issues.
<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">I like the look of their SUVS but &#8211; Rivian SUVs, have low reliability, scoring 14/100 in Consumer Reports' 2024 survey. Issues include charging, motors, and in-cabin tech. Battery and electrical problems are common, with recalls on 2022 models for airbags and steering.
&mdash; Richard Todaro, CFA (@TodaroRichard) <a href="https://twitter.com/TodaroRichard/status/1919948454773633224?ref_src=twsrc%5Etfw">May 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Despite being an ardent Tesla bull, Gerber has been <a href="https://benzinga.com/news/25/04/44891057/i-dont-like-elon-nobodys-made-any-money-in-tesla-for-a-long-time-says-ross-gerber-claims-hes-attacked-because-of-elons-behavior">critical of the company</a> and its CEO, Elon Musk, in recent weeks.
Just last month, Gerber said that the company needed to <a href="https://www.benzinga.com/news/25/04/44685455/tesla-sales-numbers-suck-says-ross-gerber-he-claims-the-tesla-brand-is-broken-because-of-the-board-that-should-be-removed-for-negligence">work to separate itself</a> from Musk, before adding that &#8220;now it might be too late,&#8221; citing the brand damage and acts of protest and violence that the company and its customers have had to endure due to Musk&#8217;s growing political involvement. 
Price Action: Tesla shares were up 0.32% on Tuesday, and Rivian was down by 5.78% following the company&#8217;s first-quarter earnings release.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08035727/Screenshot-2025-05-08-at-1.27.10-PM-1024x136.png" alt="" class="wp-image-907320" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08035727/Screenshot-2025-05-08-at-1.27.10-PM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08035727/Screenshot-2025-05-08-at-1.27.10-PM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08035727/Screenshot-2025-05-08-at-1.27.10-PM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08035727/Screenshot-2025-05-08-at-1.27.10-PM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08035727/Screenshot-2025-05-08-at-1.27.10-PM.png 1610w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Rivian scores well on growth and momentum, while sporting a favorable price trend in the short, medium, and long term, but how does it compare with Tesla? Sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a> to find out.
Read More: 
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<li><a href="https://www.benzinga.com/markets/equities/25/05/45252004/gary-black-says-tesla-should-be-educating-non-ev-owners-as-market-leader-tsla-never-acted-like-a-true">Gary Black Says Tesla Should Be Educating Non-EV Owners As Market Leader: &#8216;TSLA Never Acted Like A True…&#8217;</a></li>
</ul>
Photo courtesy: Michael Berlfein via Shutterstock

RIVN

Tesla Bull Ross Gerber Floats Rivian Acquisition Idea: 'Just Makes Sense'

Market giants Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) saw their stocks tumble on Wednesday after reports suggested Apple may be reconsidering its lucrative search partnership with Google, with artificial intelligence emerging as the <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45269527/apple-shares-fall-amid-broader-tech-shifts-and-supplier-developments-whats-going-on">catalyst for potential industry disruption</a>.
What Happened: Apple&#8217;s Senior Vice President of Services, Eddy Cue, testified in a U.S. antitrust trial that the company is &#8220;<a href="https://www.benzinga.com/trading-ideas/movers/25/05/45259675/apple-alphabet-shares-tumble-amid-potential-ai-search-shift">actively looking at</a>&#8221; integrating an AI-powered search engine into Safari, evaluating alternatives from OpenAI, Anthropic and Perplexity AI. 
Cue revealed Safari searches declined for <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45269527/apple-shares-fall-amid-broader-tech-shifts-and-supplier-developments-whats-going-on">the first time last month</a>, attributing the shift to growing AI tool adoption. Alphabet shares plunged 7.51% to $152.80 while Apple dipped 1.14% to $196.25.
&#8220;AI is eating search,&#8221; stated Perplexity AI CEO Aravind Srinivas on X, as his company positions itself as a contender in the evolving search landscape. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">AI is eating search <a href="https://t.co/oVFHM0hO2S">pic.twitter.com/oVFHM0hO2S</a>
&mdash; Aravind Srinivas (@AravSrinivas) <a href="https://twitter.com/AravSrinivas/status/1920220641812492434?ref_src=twsrc%5Etfw">May 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Dan Niles, founder of Niles Investment Management, highlighted on X that the drop in Safari search activity aligns with Google&#8217;s recent performance, where year-over-year growth in paid clicks slowed to 2% in the first quarter of 2025—down from 5% in the same period last year and 8% in early 2023, following the rise of ChatGPT in late 2022.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Eddy Cue of <a href="https://twitter.com/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAPL</a> commented that their own browser search was down in April for the first time. This confirms the trends that <a href="https://twitter.com/search?q=%24GOOGL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GOOGL</a> saw in Q1:25 where paid clicks were +2% y/y vs +5% in Q1:24 and +8% in Q1:23, the quarter after ChatGPT burst onto the scene at in late 2022. He…
&mdash; Dan Niles (@DanielTNiles) <a href="https://twitter.com/DanielTNiles/status/1920162710999679201?ref_src=twsrc%5Etfw">May 7, 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/markets/equities/25/05/45276805/disneys-30-billion-theme-park-bet-pays-off-as-bob-iger-touts-all-time-high-returns-stock-rallies-10-after-q2-earnings">Disney&#8217;s $30 Billion Theme Park Bet Pays Off As Bob Iger Touts &#8216;All-Time High&#8217; Returns, Stock Rallies 10% After Q2 Earnings</a>
Why It Matters: A recent 9to5Mac comparison showed Perplexity &#8220;<a href="https://www.benzinga.com/25/05/45246509/google-rival-perplexity-outshines-apples-siri-and-openais-chatgpt-in-ios-voice-assistant-showdown-says-aravind-srinivas">clearly outperformed or is at parity</a>&#8221; with Apple&#8217;s Siri and OpenAI&#8217;s ChatGPT across most categories, according to Srinivas, emerging as the most versatile option by combining web-based intelligence with limited Apple app integration.
Niles predicted that companies like &#8220;OpenAI, Anthropic, Perplexity, xAI&#8221; will continue taking market share from traditional search, with &#8220;AI agents&#8221; accelerating this trend.
Despite these shifts, Cue indicated Google should <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45269527/apple-shares-fall-amid-broader-tech-shifts-and-supplier-developments-whats-going-on">remain Safari&#8217;s default search engine</a> for now, particularly given the estimated $20 billion in annual revenue Apple receives from the arrangement.
Perplexity, backed by Jeff Bezos and NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), has gained momentum with recent Android launches and a SoftBank Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) partnership deploying 7,000 sales team members to drive enterprise adoption in Japan. Read Next:
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<li><a href="https://www.benzinga.com/25/05/45276694/shopify-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-analysts">Shopify Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></li>
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image Via Shutterstock

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'AI Is Eating Search' Google Rival Perplexity CEO Arvind Srinivas Says As Dan Niles Predicts 'Agents' To Take Future Share Amid Alphabet, Apple Stock Fall

Cedar Fair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUN#NYSE">FUN</a>) reported quarterly losses of $(2.20) per share which beat the analyst consensus estimate of $(2.25) by 2.22 percent. This is a 16.35 percent increase over losses of $(2.63) per share from the same period last year. The company reported quarterly sales of $202.06 million which missed the analyst consensus estimate of $233.09 million by 13.31 percent. This is a 98.85 percent increase over sales of $101.61 million the same period last year.

Earnings Misses

Cedar Fair Q1 EPS $(2.20) Beats $(2.25) Estimate, Sales $202.06M Miss $233.09M Estimate

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) will reportedly hike the sticker prices of some of the company's vehicles produced in Mexico.
What Happened: Prices of Ford models like the Mustang Mach-E, Bronco Sport, as well as the Maverick pickup truck, could see a price hike of up to $2,000, Reuters reported on Wednesday.
The report suggests that the hike would apply to models produced after May 2, which, according to a Ford spokesperson in the report, could arrive at dealerships in June. The spokesperson also outlined that these hikes are a part of the company's usual pricing actions.
However, they reiterated that customers won't have to bear the full brunt of the tariffs currently casting uncertainty over the auto industry. "We have not passed on the full cost of tariffs to our customers," the spokesperson said.
Why It Matters: Ford shared at the company's Q1 earnings call with investors that the company expects Donald Trump's auto tariffs to <a href="https://www.benzinga.com/tech/25/05/45217767/ford-ceo-jim-farley-says-trumps-tariffs-could-cost-ford-1-5-billion-pulls-its-earnings-guidance">cost over $1.5 billion</a> to the company. The company also pulled its earnings guidance.
However, Ford CEO Jim Farley recently shared that the Detroit-based automaker will extend the employee price program for all of its customers through July as the company saw <a href="https://www.benzinga.com/markets/25/05/45160044/jim-farley-says-ford-sales-grew-16-in-april-ahead-of-earnings-call-customers-have-really-responded-to-our">a 16% surge in sales</a> during April.
Elsewhere, the Trump administration has announced it will <a href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report">alleviate some duties</a> levied on auto companies and prevent ‘stacking' of tariffs, in a move that could give automakers in the U.S. some relief.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="201" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08030215/F-MAY-8-2025-1024x201.jpg" alt="" class="wp-image-907208" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08030215/F-MAY-8-2025-1024x201.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08030215/F-MAY-8-2025-300x59.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08030215/F-MAY-8-2025-768x151.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08030215/F-MAY-8-2025-1536x302.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08030215/F-MAY-8-2025.jpg 1639w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Ford scores well on Value and Growth metrics, and scores satisfactorily on the Momentum metric. 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's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.&nbsp;
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45159130/general-motors-ceo-mary-barra-says-prices-will-remain-the-same-amid-donald-trumps-tariffs-that-could-cost-company-5-billion-dollars">GM Faces $5 Billion Hit From Trump Tariffs, But Prices To Stay &#8216;About The Same,&#8217; Says CEO Mary Barra: &#8216;We&#8217;re Going To Respond To The Market&#8217;</a></li>
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Photo courtesy: Tada Images / Shutterstock.com

Ford Hikes Prices Of Select Mexico-Produced Vehicles Amid Auto Tariff Uncertainty: Report

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