U.S. stock futures were lower on Monday after ending on a negative note on Friday. Futures of major benchmark indices were lower.



President Donald Trump, in a telephone interview with NBC News' &#8220;Meet the Press&#8221; moderator Kristen Welker, asserted that &#8220;The tariffs have been very well received.&#8221; He believes that if a 10% tariff can generate around $300 billion annually, a 20% rate could <a href="https://www.benzinga.com/news/politics/25/07/46386524/trump-wants-blanket-tariffs-of-up-to-20-after-surprise-treasury-surplus-in-june-ed-yardeni-says-don">double that intake</a>. 



Meanwhile, the European Union was ready with a prepared list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, reported Reuters, highlighting Italy&#8217;s Foreign Minister Antonio Tajani&#8216;s comments. 



He also issued, latest threats to impose a <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46384885/peter-schiff-gives-trumps-30-tariff-threa">30% tariff on all imports</a> from Mexico and the EU. 



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) scaled fresh highs on Monday as the cryptocurrency hit a fresh high of $123,091.61 per coin.



The 10-year Treasury bond yielded 4.42% and the two-year bond was at 3.89%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool&#8217;s</a> projections show markets pricing a 93.3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Futures</td><td>Change (+/-)</td></tr><tr><td>Dow Jones</td><td>-0.32%</td></tr><tr><td>S&amp;P 500</td><td>-0.31%</td></tr><tr><td>Nasdaq 100</td><td>-0.31%</td></tr><tr><td>Russell 2000</td><td>-0.38%</td></tr></tbody></table></figure>



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, were lower in premarket on Monday. The SPY was down 0.27% at $621.94, while the QQQ declined 0.27% to $552.73, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.



Cues From Last Session:



On Friday, while most sectors on the S&amp;P 500 closed lower, notably financial, health care, and materials stocks recorded the steepest declines, energy and consumer discretionary stocks defied the broader market downturn, concluding the session higher.



This mixed performance occurred a day after the S&amp;P 500 reached a new record high, ultimately leading U.S. stocks to settle lower.



The broader market reflected these losses over the past week, with the Dow Jones dropping 1% and the S&amp;P by 0.3%.



Fueling market jitters, Trump signaled a more aggressive trade stance, announcing a 35% tariff on Canadian imports effective Aug. 1, alongside proposed blanket duties of 15% to 20% on most other trading partners.



In corporate news, WD-40 Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>) reported better-than-expected earnings for its third quarter, though its sales figures fell short of estimates.



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Index</td><td>Performance (+/-)</td><td>Value</td></tr><tr><td>Nasdaq Composite</td><td>-0.22%</td><td>20,585.53</td></tr><tr><td>S&amp;P 500</td><td>-0.33%</td><td>6,259.75</td></tr><tr><td>Dow Jones</td><td>-0.63%</td><td>44,371.51</td></tr><tr><td>Russell 2000</td><td>-1.26%</td><td>2,234.83</td></tr></tbody></table></figure>



Insights From Analysts:



Jim Cramer in an X post reflected his concern over tariffs linked to Trump&#8217;s policies.



<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">Back to the old pattern of woe off of Trump.. The whole tariff thing will be &quot;fine&quot; until it implodes of there is endless re-trading &#8230;&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1944575812734157284?ref_src=twsrc%5Etfw">July 14, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Meanwhile, Ed Yardeni from Yardeni Research highlighted the surplus of just over <a href="https://www.benzinga.com/news/politics/25/07/46386524/trump-wants-blanket-tariffs-of-up-to-20-after-surprise-treasury-surplus-in-june-ed-yardeni-says-don">$27 billion in June</a>, reported by the U.S. Treasury Department, saying that Trump "must have loved the headline… ‘Treasury posts unexpected surplus in June as tariff receipts surge."



However, he warned that tariffs are essentially "a tax on U.S. importers," which can erode corporate profit margins and profits. While rebounding productivity growth might offer some offset, the potential impact on businesses remains a significant concern.



Adding about the market reaction to tariffs, Yardeni said, &#8220;The selloffs in the bond and stock markets back then forced Trump to deescalate his trade war. That's not happening now—not so far at least. This undoubtedly is emboldening Trump.&#8221;



Speculating on how the financial markets will respond this week to his latest escalation, Yardeni said that perhaps investors have learned that Trump's huffing and puffing is simply the way he negotiates trade deals.



&#8220;They are betting that it will work and result in lots of deals. They've also learned that Trump can change his mind often. So if some trade deals aren't coming together fast enough, he'll settle on a vague letter of understanding to work out a deal over time.&#8221;



The risk for the economy and investors is that Trump has concluded that if the financial markets aren't going to be vigilant about his trade war, then he can proceed with it unchecked, explained Yardeni. &#8220;If so, then TTT (Trump&#8217;s Tariff Turmoil) will last past the summer.&#8221;



Yardeni said in a LinkedIn <a href="https://www.linkedin.com/pulse/trumps-reign-tariffs-aint-over-edward-yardeni-eshve/">post</a>, &#8220;Then again, investors may agree with our current view that &#8216;this too shall pass&#8217; by the end of the summer: The economy will remain resilient, and inflation will remain surprisingly moderate. It all adds up to a relatively normal seasonal pattern, with the stock market weak during the late summer through the fall followed by a year-end rally to 6500 in our scenario.&#8221;



See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 



Upcoming Economic Data



Here&#8217;s what investors will keep an eye on this week:



<ul class="wp-block-list">
<li>No significant data is scheduled to be released on Monday.</li>



<li>On Tuesday, June&#8217;s headline and core consumer price index data, and the Empire State manufacturing survey will be released by 8:30 a.m. ET.</li>



<li>Fed Governor Michelle Bowman will speak at 9:15 a.m., Fed Governor Michael Barr will speak at 12:45 p.m., Boston Fed President Susan Collins will speak at 2:45 p.m., and Dallas Fed President Lorie Logan will speak at 6:45 p.m. ET.</li>



<li>On Wednesday, June&#8217;s headline and core producer price index data will be out by 8:30 a.m. ET.</li>



<li>June&#8217;s industrial production and capacity utilization will be announced by 9:15 a.m. ET.</li>



<li>Federal Reserve Governor Michael Barr will speak again at 10:00 a.m., Fed&#8217;s beige book data will be out by 2:00 p.m., and New York Fed President John Williams will speak at 6:30 a.m. ET.</li>



<li>On Thursday, the initial jobless claims data for the week ended July 5, June retail sales, import price index, and Philadelphia Fed manufacturing survey will all be out by 8:30 a.m. ET.</li>



<li>May&#8217;s business inventories data and July&#8217;s home builder confidence index data will be out by 10:00 a.m. ET.</li>



<li>Fed Governor Adriana Kugler will speak at 10:00 a.m., San Francisco Fed President Mary Daly will speak at 12:45 p.m., Fed Governor Lisa Cook will speak at 1:30 p.m., and Fed Governor Christopher Waller will speak at 6:30 p.m. ET.</li>



<li>On Friday, June&#8217;s housing starts and building permits data will be out by 8:30 a.m., and preliminary consumer sentiment data for July will be released by 10:00 a.m. ET.</li>
</ul>



Stocks In Focus:



<ul class="wp-block-list">
<li>Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) was up 3.41%, Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) rose 1.76%, Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) advanced 3.86%, MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) was 4.75% higher, along with all the other Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46385840/michael-saylors-strategy-coinbase-mara-riot-and-other-crypto-related-stocks-spike-after-hours-as-bitcoin-touches-all-time-high-beyond-122000">exposed stocks</a> as the cryptocurrency hit a fresh high of $123,091.61 on Monday.</li>



<li>Datavault AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DVLT#NASDAQ">DVLT</a>) jumped 15.64% in premarket on Monday after the company entered into a licensing deal with IBM for program subscriptions.</li>



<li>BIT Mining Ltd. ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTCM#NYSE">BTCM</a>) surged 40.40% after it announced strategic expansion into the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) ecosystem, marking a significant shift in the company&#8217;s growth strategy. The cryptocurrency mining company plans to establish an SOL treasury of up to $300 million.</li>



<li>Sequans Communications SA ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQNS#NYSE">SQNS</a>) climbed 14.67% after closing a $384 million strategic investment to launch a Bitcoin treasury initiative last week. The financing consists of a $195 million PIPE (Private Investment in Public Equity) and $189 million in convertible debentures due July 7, 2028.</li>



<li>Fastenal Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) was up 2.94% as analysts expect it to report earnings of 28 cents per share on revenue of $2.07 billion before the opening bell.</li>



<li>FB Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBK#NYSE">FBK</a>) was unchanged as it is expected to report earnings after the closing bell. Analysts estimate earnings of 88 cents per share on revenue of $136.32.</li>



<li>Simulations Plus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLP#NASDAQ">SLP</a>) was 5.07% higher as analysts expect it to report earnings of 7 cents per share on revenue of $20.88 million after the closing bell</li>
</ul>



Commodities, Gold, And Global Equity Markets:



Crude oil futures were trading higher in the early New York session by 0.72% to hover around $68.94 per barrel.



Gold Spot US Dollar rose 0.33% to hover around $3,367.09 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.09% at the 97.9400 level.



Asian markets ended on a mixed note on Monday, as India's S&amp;P BSE Sensex, Japan's Nikkei 225, and Australia's ASX 200 indices fell. While China&#8217;s CSI 300, Hong Kong's Hang Seng, and South Korea's Kospi indices rose. European markets were mostly lower in early trade.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46386524/trump-wants-blanket-tariffs-of-up-to-20-after-surprise-treasury-surplus-in-june-ed-yardeni-says-dont-push-your-luck">Trump Wants Blanket Tariffs Of Up To 20% After Surprise Treasury Surplus In June: Ed Yardeni Says &#8216;Don&#8217;t Push Your Luck&#8217;</a></li>
</ul>



Photo courtesy: godongphoto / Shutterstock.com

Equities

$BTC

$SOL

BTCM

COIN

DVLT

FAST

MARA

MSTR

RIOT

SQNS

WDFC

US Stocks Likely To Open Lower As Trump's 20% Blanket Tariff Bombshell Weighs On Markets: Bitcoin-Linked Stocks MSTR, COIN Jump As BTC Touches $123,000

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) will introduce Elon Musk-led artificial intelligence company xAI's Artificial Intelligence model Grok to select models of the Tesla line-up in the U.S.



Check out the current price of <a href="https://www.benzinga.com/quote/TSLA">TSLA stock here.</a>



What Happened: The EV giant will roll out Grok on select Tesla vehicles. Influencer Sawyer Merritt took to social media platform X on Sunday to outline the criteria for running Grok.



"For now, it&#8217;ll only be available to Teslas in the U.S. and with cars that have an AMD Ryzen chip," the influencer said in his post. He also outlined that users can check the settings menu on their Tesla to see what chip their cars are running.



"Teslas with Intel chips won&#8217;t be able to use Grok," Merritt added in the post. Grok will also be available in multiple voices, but it won't be able to issue commands to the vehicle, Merritt 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">Grok (Beta) will start rolling out to Tesla vehicles soon. For now, it&#39;ll only be available to Teslas in the U.S. and with cars that have an AMD Ryzen chip. You can check what chip you have by going to Settings &gt; Software &gt; Additional Vehicle Info. Teslas with Intel chips won&#39;t… <a href="https://t.co/zEVboY2LUK">pic.twitter.com/zEVboY2LUK</a>&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1944063888493850870?ref_src=twsrc%5Etfw">July 12, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Why It Matters: The news comes in as there has been considerable buzz around Musk exploring options to merge xAI with Tesla and SpaceX. Investor Chamath Palihapitiya thinks such a merger <a href="https://www.benzinga.com/markets/large-cap/25/07/46385300/tesla-xai-and-spacex-merger-chamath-palihapitiya-floats-industrial-logic-for-union-of-elon-musk-led-companies-this-would-be-pretty-logical">would be "logical."</a>



Amid the rumblings of a merger, Musk took to social media to tease the "<a href="https://www.benzinga.com/markets/tech/25/07/46386130/elon-musk-teases-most-epic-demo-ever-by-2025-end-as-tesla-struggles-amid-declining-sales-trump-ending-ev-mandate">most epic demo</a>" by Tesla towards the end of the year. The post could hint at possible developments with Tesla's Optimus robot or even the Cybercab.



Elsewhere, Musk's feud with President Donald Trump continues as the billionaire attacked Trump again over the Jeffrey Epstein <a href="https://www.benzinga.com/news/politics/25/07/46384692/elon-musk-says-trump-wants-everyone-to-stop-talking-about-epstein-reiterates-demand-that-president-just-release-the-files">client files row</a>, claiming that the President wants everyone to "forget" about the case.



<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="956" height="142" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/14044757/image-148.png" alt="" class="wp-image-983542" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/14044757/image-148.png 956w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/14044757/image-148-300x45.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/14044757/image-148-768x114.png 768w" sizes="(max-width: 956px) 100vw, 956px" /></a></figure>



Tesla offers satisfactory Momentum and Quality while scoring well on the Growth metric, but offering poor Value. For more such insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</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 class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46362407/tesla-sales-slump-prompts-panasonic-to-delay-4-billion-us-battery-plant-expansion-report">Tesla Sales Slump Prompts Panasonic To Delay $4 Billion US Battery Plant Expansion: Report</a></li>
</ul>



Photo courtesy: JRdes / Shutterstock.com

Tech

TSLA

Will Your Tesla Car Support Grok? Only These Vehicles Will Be Able To Run Elon Musk-Led xAI's Latest AI Model

Entrepreneur and investor Anthony Pompliano hailed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) as the ultimate solution to the global issue of currency debasement and the &#8220;most important technology invention&#8221; of the current era on Sunday.



What Happened:&nbsp;In an X post, Pompliano&nbsp;emphasized the potential of Bitcoin to counteract the economic damage caused by currency debasement.



&#8220;Gold served that purpose for thousands of years, but it is impractical for people to access, store, and use a physical product in today&#8217;s digital age,&#8221; he argued.



<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">Bitcoin is the only technology I am aware of that can solve the universal problem of currency debasement shared by billions of people in our modern world. Gold served that purpose for thousands of years, but it is impractical for people to access, store, and use a physical…&mdash; Anthony Pompliano &#x1f32a; (@APompliano) <a href="https://twitter.com/APompliano/status/1944398737884729357?ref_src=twsrc%5Etfw">July 13, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Pompliano identified Bitcoin as &#8220;humanity&#8217;s best bet&#8221; for protecting people against central bank and government overreach, a theme that BTC maximalists routinely espouse.



&#8220;It may still be controversial today, but I truly believe Bitcoin will go down as the most important technology invention of our lifetime,&#8221; he predicted. 



Pompliano also remembered Satoshi Nakamoto, stating that &#8220;we owe so much&#8221; to <a href="https://www.benzinga.com/topic/satoshi-nakamoto">Bitcoin&#8217;s pseudonymous creator</a>.



See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/22/06/27491303/tim-draper-bitcoins-road-to-250-000-will-be-led-by-women" target="_blank" rel="noreferrer noopener">Tim Draper: Bitcoin&#8217;s (BTC) Road To $250,000 Will Be Led By Women</a>



Why It Matters:&nbsp;Pompliano&#8217;s comments come at a time when <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46385840/michael-saylors-strategy-coinbase-mara-riot-and-other-crypto-related-stocks-spike-after-hours-as-bitcoin-touches-all-time-high-beyond-122000">Bitcoin is making historic strides</a>. The apex cryptocurrency soared above $123,000, extending a record-breaking rally that defied gravity.



Pompliano, one of the most ardent Bitcoin advocates, projected earlier this month that the leading cryptocurrency would <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46188791/anthony-pompliano-says-bitcoin-to-reach-a-gazillion-driven-by-massive-money-printing-in-a-heated-economy">soar to a &#8220;gazillion,&#8221;</a> driven by massive money printing in a heated economy.



Last week, he deemed Bitcoin as the &#8220;<a href="https://www.benzinga.com/crypto/25/07/46335745/bitcoin-hits-historic-high-above-112000-noted-investor-says-if-you-cant-beat-it-you-have-to-buy-it">new hurdle rate,&#8221;</a> suggesting that it has crossed the benchmark required to be considered a viable investment.



Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $122,367.95, up 3.66% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/25/07/46385394/rich-dad-poor-dad-author-robert-kiyosaki-says-he-will-buy-one-more-bitcoin-asap-as-btc-breaks-122000">&#8216;Rich Dad Poor Dad&#8217; Author Robert Kiyosaki Says He Will Buy &#8216;One More&#8217; Bitcoin ASAP As BTC Breaks $122,000</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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>



Photo Courtesy: PV productions on Shutterstock

Cryptocurrency

News

Bitcoin Is Humanity's 'Best Bet' Against Currency Debasement, Says Anthony Pompliano: 'We Owe So Much To Satoshi Nakamoto'

The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the &#8220;Extreme Greed&#8221; zone on Friday.



U.S. stocks settled lower on Friday, a day after the S&amp;P 500 notched a fresh record high. Wall Street recorded losses last week, with the Dow Jones falling 1% and the S&amp;P down by 0.3%.



President Donald Trump signaled a more aggressive trade stance. Trump last week announced a 35% tariff on Canadian imports starting Aug. 1 and blanket duties of 15% to 20% on most other trading partners.



WD-40 Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>) posted better-than-expected earnings for its third quarter, while sales missed estimates.



Most sectors on the S&amp;P 500 closed on a negative note, with financial, health care and materials stocks recording the biggest losses on Friday. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session higher.



The Dow Jones closed lower by 279 points to 44,371.51 on Friday. The S&amp;P 500 fell 0.33% to 6,259.75, while the Nasdaq Composite slipped 0.22% to 20,585.53 during Friday's session.



Investors are awaiting earnings results from Fastenal Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>), FB Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBK#NYSE">FBK</a>) and Simulations Plus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLP#NASDAQ">SLP</a>) today.



What is CNN Business Fear &amp; Greed Index?



At a current reading of 75.3, the index remained in the &#8220;Extreme Greed&#8221; zone on Friday, versus a prior reading of 75.7.



The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/07/46364472/top-3-real-estate-stocks-that-may-fall-off-a-cliff-this-month">Top 3 Real Estate Stocks That May Fall Off A Cliff This Month</a> </li>
</ul>



Photo courtesy: Shutterstock

Pre-Market Outlook

S&P 500 Records Weekly Loss Amid Trump Tariff Jitters: Fear & Greed Index Remains In 'Extreme Greed' Zone

Leading cryptocurrencies rose on Sunday, while stock futures slipped as President Donald Trump slapped new tariffs on Mexico and the European Union.



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:15 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+1.70%</td><td>$119,410.06</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>+1.34%</td><td>$2,985.93</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>+0.37%</td><td>$0.1985</td></tr></tbody></table></figure>



What Happened: Bitcoin hit a new high above $119,000, extending its record-breaking run that began earlier this week. The trading volume increased 10.29% to $51 billion in the last 24 hours.



Ethereum topped $3,000 in the morning before retreating to the $2,900 area by evening. The second-largest cryptocurrency was on track to finish the week strong, with gains of more than 16% as of this writing.



Over $247 million was liquidated from the market in the last 24 hours, with $142 million of it coming from bearish shorts.



Bitcoin's open interest spiked 3.58% in the last 24 hours and 15% over the last week, suggesting an influx of fresh money into the derivatives market. Traders on Binance with open BTC positions, however, continued to be short.



The market remained greedy, according to the Crypto Fear &amp; Greed Index, signaling substantial buying pressure.



Top Gainers (24 Hours)



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:15 p.m. ET)</th></tr></thead><tbody><tr><td>Stellar (XLM)</td><td>+27.13%</td><td>$0.5043</td></tr><tr><td>Hedera (HBAR)&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+27.10%</td><td>$0.252</td></tr><tr><td>Algorand (ALGO)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+23.61%</td><td>$0.2703 </td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.72 trillion, following a 1.64% jump in the last 24 hours.



Stock futures fell overnight Sunday. The Dow Jones Industrial Average Futures slid 173 points, or 0.39%, as of 8:36 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 dipped 0.40%, while Nasdaq 100 Futures declined 0.40%.



The sell-offs followed Trump&#8217;s <a href="https://www.benzinga.com/markets/equities/25/07/46382047/trump-targets-mexico-eu-with-30-tariffs">announcement of 30% tariffs</a> on imports from Mexico and the EU. Earlier in the week, Trump also threatened to <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46334793/trump-sends-lula-a-letter-imposing-50-tariffs-calls-bolsonaro-trial-a-witch-hunt-brazils-president-hits-back-will-not-accept-any-form-of-tutelage">impose 50% tariffs</a> on Brazilian goods.



This week, investors will shift focus to the Consumer Price Index report, slated for Tuesday, to gauge the economic impact of Trump's sweeping tariffs on key trading partners.



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Citing the MVRV pricing bands, widely followed cryptocurrency analyst and trader Ali Martinez said Bitcoin could go as high as $127,000.



The Market Value to Realized Value bands are used to identify potential overbought and oversold conditions in Bitcoin&#8217;s market.



<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">Bitcoin <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> could climb to $127,000, according to the MVRV Pricing Bands! <a href="https://t.co/LjdwIYyfbK">pic.twitter.com/LjdwIYyfbK</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1944489508344300017?ref_src=twsrc%5Etfw">July 13, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Investor and entrepreneur Ted Pillows stated Ethereum's pump this week "was just the start."



"The major rally will start once it breaks above $4,000. It&#8217;ll be equivalent to BTC breaking above $20,000 in 2020," Pillows remarked.



<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"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>&#39;s pump this week was just the start. The major rally will start once it breaks above $4,000. It&#39;ll be equivalent to <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> breaking above $20,000 in 2020. We all know what happened after that. <a href="https://t.co/BZ0HOdrtJZ">pic.twitter.com/BZ0HOdrtJZ</a>&mdash; Ted (@TedPillows) <a href="https://twitter.com/TedPillows/status/1944469653033455916?ref_src=twsrc%5Etfw">July 13, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Photo Courtesy: sundaemorning on Shutterstock.com



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$DOGE

$ETH

Bitcoin Crosses $119,000 As Crypto Investors Shrug Off Trump Tariffs On Mexico, EU — Ethereum, Dogecoin Spike: Analyst Says ETH's Pump 'Just The Start'

President Donald Trump has declared plans to send Patriot air defense missiles to Ukraine as a countermeasure against the ongoing Russian aggression in the region.



What Happened: Trump revealed his intention to supply Ukraine with Patriot missiles on Sunday, as reported by Reuters. This move is in response to Russian President Vladimir Putin&#8217;s ongoing resistance to ceasefire negotiations between Ukraine and Russia.



&#8220;Putin really surprised a lot of people. He talks nice and then bombs everybody in the evening. But there&#8217;s a little bit of a problem there. I don&#8217;t like it,&#8221; said Trump while addressing the matter of the mobile interceptor missile surface-to-air missile system, according to the report.



While the exact number of missiles to be sent remains undisclosed, Trump assured that the European Union would reimburse the United States for the costs. 



Ukrainian President&nbsp;Volodymyr Zelenskiy&nbsp;has been seeking additional defensive capabilities to counter daily&nbsp;missile and drone attacks from&nbsp;Russia. Trump confirmed the decision at Joint Base Andrews, stating, &#8220;We&nbsp;will send them Patriots, which&nbsp;they desperately need.&#8221;



See Also: <a href="https://benzinga.com/news/politics/25/07/46383818/jeffrey-epstein-in-tapes-released-by-michael-wolff-i-was-donalds-closest-friend" target="_blank" rel="noreferrer noopener">Jeffrey Epstein in Tapes Released by Michael Wolff: &#8216;I Was Donald&#8217;s Closest Friend&#8217;</a>



Trump said, &#8220;We basically are going to send them various pieces of very sophisticated military equipment. They are going to pay us 100% for that, and that&#8217;s the way we want it.&#8221;



Why It Matters: This decision follows a series of events that have escalated tensions between the U.S. and Russia. In May, Trump criticized Putin&#8217;s actions in Ukraine, calling him &#8220;absolutely crazy&#8221; after a <a href="http://mobile interceptor missile surface-to-air missile">major aerial assault</a> by Russia on Ukraine.



In July, Defense Secretary Pete Hegseth paused weapons shipments to Ukraine without informing the White House, <a href="https://www.benzinga.com/news/politics/25/07/46361438/trump-says-i-dont-know-who-paused-ukraine-weapon-shipments-hegseth-did-not-inform-the-white-house-report">causing internal confusion</a> and requiring explanations to Congress and Ukrainian officials.



Shortly after, Trump hinted at a significant announcement regarding the U.S. stance on Russia on Monday, <a href="https://www.benzinga.com/news/politics/25/07/46360686/trump-to-make-a-major-statement-on-russia-on-monday-amid-escalating-ukraine-conflict-im-disappointed">expressing disappointment</a> with Russia&#8217;s actions in Ukraine.



Photo Courtesy: Joshua Sukoff 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

Trump Says US Will Supply Ukraine With Patriot Missiles: 'Putin Really Surprised A Lot Of People. He Talks Nice And Bombs Everybody In The Evening'

On Sunday, Pershing Square founder Bill Ackman posted a scathing rebuttal after Tucker Carlson implied he was part of Jeffrey Epstein's <a href="https://www.benzinga.com/news/politics/25/07/46270547/elon-musk-reignites-jeffrey-epstein-client-list-row-adding-fuel-to-the-feud-with-trump">inner circle</a> and questioned the legitimacy of his $9 billion fortune.



What Happened: Ackman was responding to <a href="https://www.benzinga.com/news/politics/25/07/46382335/tucker-carlson-claims-jeffrey-epstein-was-an-israeli-agent-blackmailing-us-politicians">Carlson's remarks</a> at Turning Point USA, where the former Fox News host referred to Ackman as one of the useless billionaires allegedly connected to Epstein.



"How did Bill Ackman get $9 billion?" Carlson asked. "Bill Ackman is like well-connected and super aggressive; that's it."



<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">Tucker: How do you come to a place where some of the least impressive, most useless people who have no actual skills become billionaires… How did Bill Ackman get $9 billion? A pretty impressive guy? I know him. No <a href="https://t.co/gdcNT6imB9">pic.twitter.com/gdcNT6imB9</a>&mdash; Acyn (@Acyn) <a href="https://twitter.com/Acyn/status/1943832729529069767?ref_src=twsrc%5Etfw">July 12, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Ackman, in a lengthy post on X, rejected the allegation and said he has never met Epstein, nor attended any of his parties or flown on his planes. He stated that his wife met Epstein once before they met, during her time as a professor at the Massachusetts Institute of Technology.



See Also:&nbsp;<a href="https://www.benzinga.com/media/25/05/45534314/elon-musk-just-got-grilled-on-doge-spending-hits-back-with-were-not-kings-here" target="_blank" rel="noreferrer noopener">Elon Musk Just Got Grilled On DOGE Spending, Hits Back With ‘We're Not Kings Here'</a>



"If this is why Tucker thinks I am in Jeffrey Epstein's constellation, it's clear he doesn't know anything about astronomy," Ackman wrote.



Ackman also provided a detailed account of how he built his wealth through investing, citing his early cold calls to Forbes 400 members, the founding of Gotham Partners and the compounding returns at Pershing Square.



He concluded by calling Carlson's comments defamatory and dishonest.



"Tucker owes me an apology. I know I am not going to get one because he is not man enough to care about the truth," Ackman 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"><a href="https://twitter.com/TuckerCarlson?ref_src=twsrc%5Etfw">@TuckerCarlson</a> went on a rant yesterday <a href="https://twitter.com/TPUSA?ref_src=twsrc%5Etfw">@TPUSA</a> and suggested that I was in Jeffrey Epstein's ‘constellation of people' who have been getting away with scams. His evidence is that ‘the most useless people have no actual skills become billionaires." He referred to me as an example… <a href="https://t.co/x6IrjXkP7x">https://t.co/x6IrjXkP7x</a>&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1944245408751894631?ref_src=twsrc%5Etfw">July 13, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



According to Bloomberg's Billionaire <a href="https://www.bloomberg.com/billionaires/">Index</a>, Ackman currently has a net worth of $8.22 billion.



Ackman and Carlson did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.



Why It's Important: The controversy over the Epstein files continues to escalate, with prominent figures such as Elon Musk weighing in with major statements.



Musk has been calling for the full, unredacted release of the Epstein documents, particularly after saying that President Donald Trump is <a href="https://www.benzinga.com/news/politics/25/06/45828121/elon-musks-bombshell-about-donald-trump-in-epstein-docs-heres-the-truth-behind-the-claim">mentioned in them</a>. Musk later withdrew the statement and removed the post from X



Microsoft Corporation's co-founder, Bill Gates, has also repeatedly voiced remorse over his ties to Epstein, who was found dead in his <a href="https://www.benzinga.com/news/19/08/14244993/reports-jeffrey-epstein-dies-by-suicide-in-jail">jail cell in 2019</a>, with the death ruled a suicide.



The Department of Justice <a href="https://www.benzinga.com/news/politics/25/07/46380999/deputy-fbi-director-dan-bongino-considers-resignation-amid-epstein-memo-fallout-report">memo released last week</a> found no evidence of foul play in Epstein's 2019 death and rejected claims of a "client list," frustrating many Trump supporters who had hoped for additional revelations.



Photo Courtesy: Maxim Elramsisy on Shutterstock.com



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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.

Tucker Carlson Asks How Did 'Well-Connected And Super Aggressive' Bill Ackman Get His $9 Billion, Pershing Square Founder Fires Back At Epstein Smear: 'Owes Me An Apology'

Health Secretary Robert F. Kennedy Jr. wants synthetic food dyes out of the American food supply. But one of the nation's most recognizable candy giants — Mars, the maker of <a href="https://www.benzinga.com/news/health-care/25/07/46278726/rfk-jr-s-battle-against-synthetic-food-dye-will-mms-skittles-keep-their-colors">M&amp;M's and Skittles</a> — isn't playing along.



Mars confirmed it will continue using synthetic dyes in its candies, despite a previous 2016 pledge to remove all artificial colors from its entire portfolio of foods and snacks. In a statement to <a href="https://www.nytimes.com/2025/07/07/us/politics/rfk-food-dyes-candy.html">The New York Times</a>, the company defended its decision, stating that its products remain "safe to enjoy and meet the high standards and applicable regulations set by food safety authorities around the world."



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RFK Jr., meanwhile, is pushing for a nationwide ban on petroleum-based dyes, including Red 40, Yellow 5 and 6, and Blue 1 and 2 — all of which are common in children's snacks. The move is part of his broader <a href="https://www.benzinga.com/general/health-care/25/05/45560572/rfk-jr-s-make-america-healthy-again-report-stirs-gop-farmers-over-glyphosate-concerns-ahead-of-release">"Make America Healthy Again" agenda</a>, which targets food additives linked to health and behavioral concerns.&nbsp;



<h2 class="wp-block-heading">What's Behind the Ban?</h2>



Synthetic dyes have long been controversial. Several studies have raised concerns over possible links to hyperactivity, allergic reactions, and even cancer — especially in children.



According to a 2024 study published in the <a href="https://www.jandonline.org/article/S2212-2672(25)00166-2/fulltext">Journal of the Academy of Nutrition and Dietetics</a>, 19% of packaged U.S. foods contained synthetic dyes. That number jumped to 28% in products marketed to children. Many of those same foods were also found to contain significantly higher sugar levels.



While federal regulators have yet to impose restrictions on these dyes, a growing number of states are stepping in. West Virginia has passed <a href="https://www.wvlegislature.gov/Bill_Status/bills_history.cfm?INPUT=2354&amp;year=2025&amp;sessiontype=RS">sweeping legislation banning seven dyes</a> and two preservatives from school meals starting in 2025, with a broader food ban statewide by 2028. California will prohibit Red Dye No. 3 and several other additives starting in 2027. Utah, Virginia, and Texas have all adopted similar policies, ranging from outright bans to mandatory labeling.



Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>



<h2 class="wp-block-heading">Mars Pushes Back&nbsp;</h2>



In comments made to the <a href="https://nypost.com/2025/07/08/business/mampms-skittles-resist-rfk-jrs-demand-to-remove-synthetic-dyes/">New York Post</a>, the National Confectioners Association — which represents companies like Mars — defended the use of synthetic dyes and questioned why candy is being singled out.



"People can freely buy cannabis, THC products, alcohol, and cigarettes — but vibrantly colored candy is an issue? Give me a break," said NCA spokesperson Christopher Gindlesperger.



He argued that candy isn't deceptive. "People know that confectionery products are treats and that they contain sugar, food colors, and other FDA-approved ingredients, because candy is intrinsically transparent," he said.



Gindlesperger added that chocolate and candy have been safely enjoyed "for generations," and that the industry supports science-based evaluations of food additives to reduce consumer confusion and maintain trust.



As for switching to natural colors? Gindlesperger acknowledged that it's possible — but not easy. Natural alternatives are harder to source, more expensive, and could increase prices for consumers. "Companies need time to find alternatives," he told the Post.



See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>



<h2 class="wp-block-heading">So Why Candy — and Not Cigarettes or Booze?</h2>



That's the question candy makers keep coming back to.



They argue that candy is being unfairly targeted in RFK Jr.'s crackdown, especially when far more harmful substances—like tobacco, alcohol, and even THC products—remain legal and widely available. Unlike those, they say, candy is clearly labeled, transparently marketed as a treat, and enjoyed in moderation by millions of people without controversy.



But RFK Jr.'s team sees it differently. The concern isn't just the color—it's the cumulative exposure. Artificial dyes are especially common in products aimed at children, and many of those same items are loaded with sugar. Bright packaging and vibrant colors may make candy look harmless, but for kids who consume it regularly, critics argue the long-term health effects can quietly stack up.



And while candy companies point to personal choice and moderation, some health experts say the issue runs deeper. According to <a href="https://www.healthline.com/health/food-nutrition/experts-is-sugar-addictive-drug">Healthline</a>, registered dietitian Cassie Bjork, founder of Healthy Simple Life, says sugar can light up the brain's reward system in ways similar to addictive drugs. "Sugar activates the opiate receptors in our brain and affects the reward center," she explained. That activation, she says, can lead to compulsive use "despite the negative consequences like weight gain, headaches, hormone imbalances, and more."



In that context, candy may not look so harmless after all. The argument isn't just about whether candy is as dangerous as cigarettes—but whether it's been given a pass for too long simply because it comes in a bright wrapper.



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Image: Shutterstock

Personal Finance

M&M, Skittles Maker Rejects RFK Jr.'s Call To Drop Synthetic Dyes — 'People Can Buy Alcohol And Cigarettes…But Colored Candy Is An Issue?'

The One Big, Beautiful Bill (OBBB) is now the law of the land, with President Trump taking a victory lap after <a href="https://www.benzinga.com/news/politics/25/07/46263434/trump-signs-sweeping-tax-and-spending-bill-that-cbo-says-will-add-3-3-trillion-to-us-deficit-cut-health-coverage-for-11-8-million-americans">signing the legislation into law</a> on July 4, 2025.



The new tax and regulatory policy in the bill is already sending huge ripples across the markets. Some <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46368613/3-stocks-to-sell-now-that-trumps-big-beautiful-bill-is-law">sectors are falling</a>, as they&#8217;ve now lost the federal government&#8217;s favor.



New, significant tax benefits to long-term holders of stock in small businesses and startups are already changing investor behavior.



And, of course, a big new budget bill means plenty of big new winning stocks.



<h2 class="wp-block-heading">Meet Your One-Stop Command Center For Smarter Investing</h2>



Newsletters talk. Analysts argue. Talking heads on TV hype. Benzinga Edge does something different—it delivers. With real-time portfolio alerts, actionable stock ideas, and pro-grade tools…you get the complete investor's arsenal — ready to help you profit in any market. Get Your Edge <a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_campaign=commandcenter&amp;utm_adType=sponsorad&amp;utm_ad=RDweb071125">HERE</a> At A 43% New-Member Discount)



<h2 class="wp-block-heading">3 OBBB Stocks That May Already Be Striking Lightning </h2>



Drilling down into individual stocks that are expected to benefit from the new OBBB legislation involves examining industries favored by the legislation, such as semiconductors, manufacturing, and materials. Here are a few key sector stocks that are expected to benefit from the bill.



<h3 class="wp-block-heading">Intel Corp.</h3>



This rationale could apply to any chip manufacturer that&#8217;s playing nice with Uncle Sam, but semiconductors are an obvious favorite coming out of the new budget bill.



"The main benefit for semiconductor manufacturing in the OBBBA is a substantial increase in the tax credit for companies who break ground on new chip fabs before the end of 2026 &#8211; an increase from 25% to 35%," said Michael Bergines, wealth advisor at Prospero Wealth, in San Francisco, Cal. "This tax credit is uncapped and will be grandfathered in for all spending on projects begun in 2025."



The tax credit will primarily benefit companies that have already committed to US-based manufacturing, and this includes not only Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) but also Micron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) and Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>). 



Intel stands out as its shares have already risen 18% year-to-date and up 15.6% in the past month. That's significantly ahead of the computer and technology sector&#8217;s gain of 6.2% and the S&amp;P 500&#8217;s gain of 4.4%.



<h3 class="wp-block-heading">Lam Research</h3>



The OBBB also includes major funding for the artificial intelligence sector as the federal government continues to seek AI partners that expand American technology influence across the globe.



The legislation should boost U.S. semiconductor companies, such as Fremont, California-based Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), which designs and manufactures semiconductor processing equipment used in the fabrication of integrated circuits. Bergines said the bill should "continue to help" semiconductor equipment companies like Lam, Applied Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), and KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>).



LCRX shares are up 39.9% so far in 2025, but should go higher with the budgetary winds at its back. Toshiya Hari, a Goldman Sachs tech analyst, launched coverage on Lam Research with a Buy on the stock and a target price of $115. It's trading at $101 as of July 10.



<h3 class="wp-block-heading">MP Material</h3>



At first glance, you may not think the OBBA applies to a company that engages in the production of rare earth specialty materials to the US military, and to billions of dollars of associated budget funding, but that's where MP Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) finds itself right now.



The Las Vegas-based materials company saw its share price bounce by 50% on July 10 after rolling out a multibillion-dollar public-private partnership with the U.S. Department of Defense to &#8220;dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency.&#8221;



"We saw MP Material jump to a new high on news from the Pentagon," said Stephen Herbert Akin, founder at Akin Investments in Charleston, S.C. "The stock appears on our proprietary stock screener on June 9, 2025, at $25.51 per share. In less than a week, the stock traded up to $40, and yesterday it hit $48.01."



George Gianarikas, a Canaccord analyst, doubled his MP price target from $27 to $55 while maintaining a buy rating on the stock on Friday, July 11.



Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.



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3 Stocks Set To Make Hay Under Trump's New Budget Bill

These ten large-cap stocks were the worst performers last week. Are they a <a target="_blank" href="https://www.benzinga.com/trading-ideas" rel="noreferrer noopener">part of your portfolio</a>?



<ol class="wp-block-list">
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) stock lost over 21.84% last week following the recent <a href="https://www.benzinga.com/node/46352461">announcement that it will acquire</a> Core Scientific, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>).</li>



<li>Fair Isaac Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>) stock decreased 18.11% after Wells Fargo reiterated an Overweight rating, <a href="https://www.benzinga.com/quote/FICO/analyst-ratings" target="_blank" rel="noreferrer noopener">lowering the price forecast from $2600 to $2300.</a></li>



<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) stock fell 13.81% after the company announced a <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46343655/mobileye-global-stock-is-sliding-thursday-whats-going-on" target="_blank" rel="noreferrer noopener">secondary offering of 50 million shares</a>. Mobileye said earlier this week that it expects second-quarter revenue to be in the range of $502 million to $506 million versus estimates of $463.26 million.</li>



<li>Atlassian Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) stock fell 11.81% this week after CEO and Co-Founder Michael Cannon-Brookes sold shares <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">in multiple transactions.</a></li>



<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock slipped 9.26% this week after UbiQD signed an exclusive multi-year deal to supply <a href="https://www.benzinga.com/pressreleases/25/07/n46317606/ubiqd-and-first-solar-establish-long-term-quantum-dot-supply-agreement" target="_blank" rel="noreferrer noopener">fluorescent QD technology.</a></li>



<li>Nebius Group N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIS#NASDAQ">NBIS</a>) stock fell 9.68% this week.</li>



<li>Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) stock dropped 11.48% after Guggenheim downgraded the stock to Sell, citing optimization risks tied to OpenAI, <a href="https://www.benzinga.com/quote/DDOG/analyst-ratings" target="_blank" rel="noreferrer noopener">with a $105 price forecast.</a></li>



<li>Autodesk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) stock fell 11.63% following a report that the company is considering a takeover of a competing <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46333062/autodesk-stock-is-moving-lower-whats-happening" target="_blank" rel="noreferrer noopener">engineering-software provider</a>, PTC Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>).</li>



<li>Royal Gold, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) stock decreased 3.61% this week after the firm reported updates for its second quarter 2025 stream segment sales and details for its release of the quarter. The company also unveiled  <a href="https://www.benzinga.com/pressreleases/25/07/n46270672/royal-gold-to-acquire-sandstorm-gold-royalties-and-horizon-copper-forming-large-scale-industry-lea" target="_blank" rel="noreferrer noopener">two simultaneous acquisitions</a>, a $3.5 billion all-share merger with Sandstorm Gold Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>) and <a href="https://www.benzinga.com/m-a/25/07/46275779/royal-gold-acquires-sandstorm-and-horizon-in-bold-expansion-move">a $196 million cash deal</a> for Horizon Copper Corp<a href="https://www.benzinga.com/m-a/25/07/46275779/royal-gold-acquires-sandstorm-and-horizon-in-bold-expansion-move" target="_blank" rel="noreferrer noopener">.</a></li>



<li>ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) stock fell 10.01% this week. Guggenheim reiterated a Sell rating on the stock, <a href="https://www.benzinga.com/quote/NOW/analyst-ratings" target="_blank" rel="noreferrer noopener">with a $724 price forecast.</a></li>
</ol>



Read Next:



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<li><a href="https://www.benzinga.com/markets/equities/25/07/46382047/trump-targets-mexico-eu-with-30-tariffs" target="_blank" rel="noreferrer noopener">Trump Targets Mexico, EU With 30% Tariffs</a></li>
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CORZ

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DDOG

FICO

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MBLY

NBIS

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SAND

TEAM

CoreWeave, Mobileye And First Solar Are Among Top 10 Large Cap Losers Last Week (July 7-July 11): Are The Others In Your Portfolio?

The past week was a whirlwind of activity in the tech sector, with major moves from industry giants and promising startups alike. From Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) being touted as the next big AI winner to OpenAI making significant acquisitions and postponements, there&#8217;s a lot to catch up on. Let&#8217;s dive in.



Dan Ives Predicts Palantir&#8217;s AI Triumph



Tech analyst Dan Ives of Wedbush Securities has upped his price target for Palantir Technologies, hinting at a 12% increase from its current trading price over the coming year. Ives&#8217; confidence in Palantir&#8217;s AI strategy led him to raise his target price to $160 per share, labeling it as the firm&#8217;s &#8220;golden path to become an AI stalwart&#8221; in the next 12 months.



<a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/07/46339022/palantir-could-be-the-next-big-ai-winner-says-dan-ives-sees-12-pltr-stock-surge">Read the full article here.</a>



OpenAI Acquires Jony Ive&#8217;s AI Startup



OpenAI has successfully finalized its $6.5 billion acquisition of Jony Ive&#8217;s AI hardware startup, io Products. The deal brings the former Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) design chief and his team on board to develop a new generation of AI-native devices.



<a href="https://www.benzinga.com/markets/tech/25/07/46335969/openai-finalizes-6-5-billion-deal-to-acquire-jony-ives-ai-hardware-startup-heres-what-we-know-about-their-first-device">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/trading-ideas/long-ideas/25/07/46372755/nancy-pelosi-just-bought-tech-stock-at-71-discount-to-current-price-heres-how" target="_blank" rel="noreferrer noopener">Nancy Pelosi Just Bought Tech Stock At 71% Discount To Current Price—Here&#8217;s How</a>



Google Secures Windsurf Tech and Staff for $2.4B



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 has finalized a $2.4 billion deal to license technology from AI coding startup Windsurf. The agreement also includes hiring Windsurf's CEO, Varun Mohan, cofounder Douglas Chen, and a select group of its key R&amp;D employees to join the Google DeepMind team.



<a href="https://www.benzinga.com/markets/tech/25/07/46380738/google-beats-openai-secures-windsurf-technology-ceo-and-key-staff-for-2-4-billion">Read the full article here.</a>



OpenAI Delays Open Model Release



OpenAI CEO Sam Altman announced that the company is postponing the release of its open model indefinitely to allow for additional safety testing. Altman emphasized the need for further safety evaluations and a review of high-risk areas.



<a href="https://www.benzinga.com/markets/tech/25/07/46380875/openai-postpones-open-model-release-indefinitely-we-need-time-says-sam-altman">Read the full article here.</a>



Elon Musk&#8217;s xAI Launches Grok 4



Elon Musk&#8217;s AI startup xAI has launched Grok 4, positioning it as the world's most powerful AI model. The new model debuts through SuperGrok Heavy, a premium subscription tier starting at $300 monthly that provides enhanced rate limits and early access to new features.



<a href="https://www.benzinga.com/markets/tech/25/07/46335602/elon-musk-s-xai-launches-grok-4-with-phd-level-ai-debuts-in-300-month-supergrok-tier">Read the full article here.</a>



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</ul>



Photo courtesy: Shutterstock

AAPL

GOOG

GOOGL

PLTR

Grok 4, Palantir's AI Ambitions, Openai's Big Moves, And Google's $2.4 Billion Windsurf Deal: This Week In AI

The tech world was abuzz over the week with major developments from Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). From leadership changes to innovative product rumors, here&#8217;s a quick recap of the weekend&#8217;s top stories.



Jeff Williams to Exit Apple



Long-serving Chief Operating Officer of Apple, Jeff Williams, who was once considered a potential successor to Tim Cook, is set to retire later this year. The tech giant announced on Tuesday that Williams&#8217; COO duties will be handed over to Sabih Khan later this month.



<a href="https://www.benzinga.com/markets/tech/25/07/46311533/jeff-williams-once-tipped-as-tim-cooks-successor-to-retire-from-apple">Read the full article here.</a>



Meta Snags Apple&#8217;s AI Chief



Mark Zuckerberg&#8217;s Meta Platforms has reportedly lured Ruoming Pang, the AI model lead at Apple, with a hefty compensation package. Pang, who led the team responsible for training Apple&#8217;s foundational models, is the latest addition to Meta&#8217;s superintelligence efforts.



<a href="https://www.benzinga.com/markets/tech/25/07/46288145/mark-zuckerbergs-meta-lures-away-apple-ai-chief-ruoming-pang-with-tens-of-millions-compensation-package-report">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/markets/tech/25/07/46380875/openai-postpones-open-model-release-indefinitely-we-need-time-says-sam-altman" target="_blank" rel="noreferrer noopener">OpenAI Postpones Open Model Release Indefinitely: &#8216;We Need Time,&#8217; Says Sam Altman</a>



Apple&#8217;s Foldable iPhone on the Horizon



Apple is expected to join the foldable smartphone race with the anticipated launch of the iPhone Fold next year. The tech behemoth has reportedly been working on the foldable iPhone for years, ensuring specifications and production are up to standard before a full launch.



<a href="https://www.benzinga.com/markets/tech/25/07/46356024/apples-foldable-iphone-could-land-in-2026-and-leave-samsung-playing-catch-up">Read the full article here.</a>



Apple&#8217;s $60 Billion Acquisition Buzz



With a massive $60+ billion cash reserve, Apple is once again in the spotlight. As rivals advance in AI, investors are speculating whether it&#8217;s time for Apple to make a bold move. This discussion gained traction after Apple confirmed that COO Jeff Williams will retire in 2025.



<a href="https://www.benzinga.com/markets/tech/25/07/46348639/apple-acquisition-buzz-60-billion-cash-reserve">Read the full article here.</a>



Analysts Suggest Apple Needs Product-Focused CEO



Analysts from LightShed Partners have suggested that Apple should consider a change in leadership to prioritize product innovation, particularly in AI. This suggestion comes in the wake of the impending departure of Apple's COO, Jeff Williams.



<a href="https://www.benzinga.com/markets/tech/25/07/46337313/apple-needs-product-focused-ceo-say-analysts-as-tim-cook-faces-heat-over-ai-failures-and-innovation-slump">Read the full article here.</a>



Read Next:



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<li><a href="https://benzinga.com/news/22/10/29434093/elon-musk-teams-up-with-philippine-billionaire-for-satellite-internet-service-in-southeast-asia-repo" target="_blank" rel="noreferrer noopener">Elon Musk Teams Up With Philippine Billionaire For Satellite Internet Service In Southeast Asia: Report &#8211; Benzinga</a></li>
</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Akhenaton Images/Shutterstock

Apple's Leadership Shake-Up, Meta's New Hire And The Anticipated iPhone Fold: This Week In Appleverse

The week was a rollercoaster ride for the cryptocurrency market. Bitcoin (BTC) led the charge, eyeing a staggering $120,000 mark, and paving the way for altcoins to rally. Dogecoin (DOGE), the original memecoin, also experienced a significant surge, riding the wave of the Bitcoin rally.



Meanwhile, crypto exchanges are setting their sights on neobanks, aiming to bridge the gap between traditional and crypto finance. Ethereum (ETH) continues to dominate the tokenized finance sector, becoming Wall Street&#8217;s preferred blockchain infrastructure. And finally, macro strategist Raoul Pal made a bold prediction for the future of the blockchain space.



Bitcoin, Ethereum, XRP, Dogecoin Extend Rally



The cryptocurrency market saw a significant surge over the weekend, led by Bitcoin&#8217;s run towards the $120,000 mark. This rally cleared the path for altcoins to follow suit.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46377385/bitcoin-ethereum-xrp-dogecoin-extend-rally-as-btc-eyes-120000">Read the full article here.</a>



Dogecoin Soars as Bitcoin Rally Ignites Memecoin Frenzy



Dogecoin, the original memecoin, captured significant gains as speculative enthusiasm washed over the crypto market. The surge came in direct sympathy with Bitcoin, which rocketed to a new all-time high of over $118,000.



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46375539/dogecoin-doge-soars-as-bitcoin-rally-ignites-memecoin-frenzy">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/22/11/29834951/mango-market-hacker-loses-millions-as-curve-price-manipulation-attempt-on-aave-backfires" target="_blank" rel="noreferrer noopener">Mango Market Hacker Loses Millions As Curve Price Manipulation Attempt on Aave Backfires &#8211; Benzinga</a>



Crypto Exchanges Eye Neobanks for Mainstream Finance Access



Crypto exchanges are looking to acquire neobanks to fast-track their path to dominance of emerging on-chain sectors. This trend is set to continue as blockchain businesses seek opportunities within traditional finance.



<a href="https://www.benzinga.com/markets/cryptocurrency/25/07/46371679/crypto-exchanges-will-acquire-neobanks-to-access-mainstream-finance">Read the full article here.</a>



Ethereum, Not Solana, Is Wall Street&#8217;s &#8216;Preferred Choice&#8217;



Ethereum&#8217;s dominance in the tokenized finance sector shows no signs of slowing down. According to Fundstrat&#8217;s Tom Lee, Ethereum has become Wall Street&#8217;s go-to blockchain infrastructure, outperforming Solana in key institutional use cases.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46364023/tom-lee-ethereum-not-solana-is-the-preferred-choice-for-jp-morgan-robinhood-circle-to-build-on">Read the full article here.</a>



Raoul Pal Predicts &#8216;Insane&#8217; Demand for Blockchain



Macro strategist Raoul Pal predicted an &#8220;insane&#8221; demand for the blockchain space, foreseeing cryptocurrency becoming a $100 trillion asset class over the next 6-8 years.



<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46360502/raoul-pal-says-no-one-realizes-insane-incoming-demand-for-blockspace-predicts-crypto-will-become-100-trillion-asset-within-a-decade-as-bitcoin-smashes-118000">Read the full article here.</a>



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</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Shutterstock

Crypto Market Soars, Dogecoin Rides The Wave And Big Predictions For Blockchain: This Week In Crypto

The past week has been a whirlwind of economic and political events. From record-breaking customs duty collections to billionaire investors casting doubt on tariff outcomes, the week was filled with intriguing stories. Here&#8217;s a quick recap of the top five stories that made headlines.



US Customs Duty Collection Hits Record High



The U.S. Treasury Department announced that for the first time in history, the country&#8217;s customs duty collections have exceeded $100 billion in a fiscal year. The record-breaking collection for June 2025 alone was $27 billion, resulting in a surprising budget surplus for the month. The surge is largely attributed to President Donald Trump&#8217;s tariffs, which have become a significant revenue source for the federal government.



<a href="https://www.benzinga.com/news/politics/25/07/46380544/amid-trump-tariffs-us-customs-duty-collection-exceeds-100-billion-in-a-fiscal-year-for-the-first-time-report">Read the full article here.</a>



Ray Dalio Questions Effectiveness of Trump&#8217;s Tariffs



Billionaire investor Ray Dalio expressed skepticism about the potential effectiveness of President Trump&#8217;s tariffs in reviving U.S. manufacturing. He warned that the tariffs could deepen &#8220;stagflation&#8221; and may not deliver on promises to rejuvenate U.S. factory floors.



<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46338641/ray-dalio-says-trumps-tariffs-are-theoretical-warns-they-may-not-bring-manufacturin">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/economics/macro-economic-events/25/05/45229287/trump-meets-with-newly-elected-canadian-pm-mark-carney-president-trump-says-we-wi" target="_blank" rel="noreferrer noopener">Trump Meets With Newly-Elected Canadian PM Mark Carney; President Trump Says We Will Have A Very Big Announcement Before Middle East Trip; Really Positive Announcement Thursday, Friday Or Monday Befor</a>



Peter Schiff Warns Against Trump&#8217;s Tax Cuts



Economist Peter Schiff cautioned that President Trump&#8217;s latest tax and spending package could harm the U.S. economy more than it helps. He argued that the tax cuts, which add to budget deficits, won&#8217;t stimulate economic growth but will instead lead to higher long-term interest rates and inflation.



<a href="https://www.benzinga.com/news/topics/25/07/46302822/peter-schiff-says-trumps-tax-cuts-wont-grow-the-economy-instead-he-warns-theyll-lead-to-higher-interest-rates-and-inflation">Read the full article here.</a>



Trump Threatens Brazil with 50% Tariffs



Tensions escalated between the United States and Brazil after President Trump threatened to impose 50% tariffs on imports from the South American nation. The threat came in a letter to Brazilian President Luiz Inácio Lula da Silva, in which Trump also called the trial of former President Jair Bolsonaro a &#8220;Witch Hunt.&#8221;



<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46334793/trump-sends-lula-a-letter-imposing-50-tariffs-calls-bolsonaro-trial-a-witch-hunt-brazils-president-hits-back-will-not-accept-any-form-of-tutelage">Read the full article here.</a>



Craig Shapiro Criticizes Jerome Powell&#8217;s Legacy



Macro strategist Craig Shapiro criticized Fed Chair Jerome Powell&#8217;s tenure, alleging that the Federal Reserve under Powell has deviated from its core mission of serving the public. Shapiro accused the Fed of ceasing to fight inflation, deepening inequality, and quietly surrendering monetary control back to the U.S. Treasury.



<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46267995/craig-shapiro-slams-jerome-powells-legacy-of-quiet-surrender-to-wall-street-and-the-us-treasury-no-longer-serves-the-public">Read the full article here.</a>



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</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Shutterstock

Economics

Trump's Tariffs, Tax Cuts, And Tensions With Brazil Stir The Pot: This Week In Economy

Wall Street posted fresh all-time highs this week, fueled by a relentless rally in Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which became the first company in history to surpass a $4 trillion market capitalization, igniting optimism across the<a href="https://www.benzinga.com/tech"> tech and AI sectors.</a>



The chipmaker extended its winning streak to a seventh straight week — and the 11th in the last 12 — nearly doubling its share price from early April lows in just over three months.



This surge pushed the combined market value of the so-called Magnificent Seven — Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) — to a staggering $18.3 trillion.



Chart Of The Week: Nvidia Has Now Rallied 90% Since April&#8217;s Tariff Turmoil



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="525" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11154407/image-140-1024x525.png" alt="" class="wp-image-982442" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11154407/image-140-1024x525.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11154407/image-140-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11154407/image-140-768x394.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11154407/image-140-1536x788.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11154407/image-140-2048x1050.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



President Donald Trump reignited trade war concerns, announcing a 35% tariff on Canadian imports starting Aug. 1. He also proposed blanket tariffs of 15% to 20% on most other U.S. trading partners. Additionally, the administration unveiled 50% duties on copper and Brazilian goods, all set to kick in on the same day.



Trump also escalated his feud with the Federal Reserve. On Wednesday, he called for an aggressive three-percentage-point rate cut, arguing that each point costs the U.S. $360 billion annually in debt service.



The Fed remains cautious. Minutes from the June 17–18 FOMC meeting revealed that most officials expect to cut rates later this year. Still, Chicago Fed President Austan Goolsbee pushed back, saying debt costs shouldn&#8217;t drive monetary policy. He reiterated the central bank's dual mandate: price stability and full employment.



Airline stocks outperformed this week. Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) surged 12% on Thursday after beating earnings expectations and reaffirming its full-year profit forecast. Optimism spilled over to United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) and American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), as investors bet on a strong summer quarter for the travel sector.



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) also broke records, soaring past $118,000. The iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) — the world's largest crypto-related exchange-traded fund — posted inflows in 12 of the past 13 weeks, reflecting surging institutional interest in the top cryptocurrency.



Read now: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46348036/trump-trade-regional-bank-stocks-2025">This Trump Trade Boomed After Election—Now It May Be Making A Comeback</a></li>
</ul>



Photo: Shutterstock

Macro Economic Events

Econ #s

AMZN

IBIT

MSFT

NVDA

Wall Street Hits Record Highs As Nvidia Tops $4 Trillion, Trump Ramps Up Trade Tensions: This Week In Markets

The past weekend was a rollercoaster of events, with major stories revolving around&nbsp;Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;CEO Elon Musk&#8217;s political ambitions, the confirmation of a new FAA chief, and a significant surge in used car prices. Let&#8217;s dive into the details.



Musk&#8217;s Political Ambitions Questioned



Co-founder of Gerber Kawasaki, Ross Gerber, has criticized Elon Musk&#8217;s political aspirations and the impact on Tesla. Gerber expressed his concerns amidst the controversy surrounding Musk&#8217;s new &#8220;America Party&#8221;. He described the situation as Tesla being &#8216;basically hijacked&#8217; by Musk.



<a href="https://www.benzinga.com/markets/tech/25/07/46337215/tesla-is-basically-hijacked-by-elon-musk-says-ross-gerber-calling-it-completely-ridiculous-america-party-is-the-worst-news-for-tsla">Read the full article here.</a>



Senate Confirms New FAA Chief



The U.S. Senate has confirmed President Donald Trump&#8217;s nominee, Bryan Bedford, as the new FAA Administrator. Bedford, former CEO of Republic Airways, was approved for a five-year term despite warnings from Senator Chuck Schumer that he may prioritize profits over passenger safety.



<a href="https://www.benzinga.com/news/politics/25/07/46336395/senate-confirms-trump-pick-bryan-bedford-as-faa-chief-even-as-chuck-schumer-warns-he-will-prioritize-profits-over-passenger-safety">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/24/12/42712726/jeff-bezos-blue-origin-gets-license-from-faa-for-new-glenn-maiden-launch" target="_blank" rel="noreferrer noopener">Jeff Bezos&#8217; Blue Origin Gets License From FAA For New Glenn&#8217;s Maiden Launch As It Takes On Elon Musk&#8217;s SpaceX Falcon &#8211; Benzinga</a>



Tesla Investors Demand Shareholder Meeting



Major investors in Tesla have called for a shareholders meeting due to escalating tensions between Elon Musk and President Donald Trump. The request comes amid reports of declining sales for the electric vehicle giant.



<a href="https://www.benzinga.com/markets/tech/25/07/46335587/tesla-investors-call-for-shareholder-meeting-amid-elon-musk-trump-feud-declining-sales-report">Read the full article here.</a>



Air India Crash: Preliminary Report A preliminary report on the tragic Air India crash that claimed 260 lives has identified a cut in the fuel supply to the engines as a contributing factor. The incident involved a&nbsp;Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)&nbsp;787 Dreamliner.&nbsp;<a href="https://www.benzinga.com/news/topics/25/07/46380354/fuel-supply-was-cut-moments-before-air-india-crash-as-per-preliminary-report">Read the full article here.</a>



Surge in Used Car Prices



Used car prices in the U.S. are experiencing their biggest surge since 2022, driven by the volatility around President Trump&#8217;s tariffs. The Manheim Index, a metric tracking used car prices, reported a 1.6% increase in June from May, and a 6.3% year-on-year increase.



<a href="https://www.benzinga.com/markets/tech/25/07/46314078/used-car-prices-see-biggest-surge-since-2022-as-trump-tariffs-shake-auto-market-report">Read the full article here.</a>



Read Next:



<ul class="wp-block-list">
<li><a href="https://benzinga.com/top-stories/24/04/38463053/is-hondas-11b-canada-ev-deal-worth-it-rival-ford-burns-up-to-65-000-on-every-electric-car-it-sells" target="_blank" rel="noreferrer noopener">Honda, Canada EV Deal Worth It? Auto Rivals Burn Thousands On Every Electric Car They Build &#8211; Benzinga</a></li>
</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Shutterstock

Musk's Political Ambitions, FAA Chief Confirmation And Surging Used Car Prices: This Week In Mobility

The week brought a mix of stories that stirred the pot in various sectors. From Bill Gates&#8217; warning about the devastating effects of USAID funding cuts on HIV programs in Africa, to the first June budget surplus since 2017 under Donald Trump&#8217;s administration, the news cycle was anything but dull. Let&#8217;s dive into the details.



Bill Gates Sounds Alarm on USAID Funding Cuts



Co-founder of Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Bill Gates, has expressed serious concerns about the impacts of U.S. aid cuts on HIV programs in Africa. Gates called for a reversal of the decision, highlighting the distressing conditions faced by an HIV doctor in Africa whose work relies on USAID and PEPFAR.



<a href="https://www.benzinga.com/news/health-care/25/07/46380959/bill-gates-warns-of-devestating-effects-of-usaid-funding-cuts-its-not-too-late-to-reverse-them">Read the full article here.</a>



Trump Delivers First June Budget Surplus Since 2017



The U.S. government recorded a surplus of just over $27 billion in June, marking the first June budget surplus since 2017. This turnaround was largely driven by a significant increase in tariff revenues, according to the Treasury Department.



<a href="https://www.benzinga.com/markets/equities/25/07/46377893/trump-delivers-first-june-budget-surplus-since-2017-thanks-to-tariffs">Read the full article here.</a>



See Also:&nbsp;<a href="https://benzinga.com/news/22/10/29370689/boris-johnson-tries-to-win-support-for-uk-pm-comeback-bid" target="_blank" rel="noreferrer noopener">Boris Johnson Tries To Win Support For UK PM Comeback Bid &#8211; Benzinga</a>



Deputy FBI Director Dan Bongino Considers Resignation



Amid tensions between the FBI and the Justice Department over the Jeffrey Epstein memo, Deputy FBI Director Dan Bongino is reportedly contemplating stepping down. This development follows a heated exchange with Attorney General Pam Bondi regarding the case's management.



<a href="https://www.benzinga.com/news/politics/25/07/46380999/deputy-fbi-director-dan-bongino-considers-resignation-amid-epstein-memo-fallout-report">Read the full article here.</a>



Fed HQ Renovation Costs Soar to $2.5 Billion



Office of Management and Budget Director Russ Vought accused Federal Reserve Chair Jerome Powell of gross fiscal mismanagement as the renovation costs for the Fed's headquarters have ballooned to $2.5 billion. The project includes terrace rooftop gardens, water features, VIP elevators, and premium marble fixtures.



<a href="https://www.benzinga.com/news/politics/25/07/46361722/jerome-powell-has-grossly-mismanaged-says-russ-vought-as-fed-hq-renovation-costs-soar-to-2-5-billion-the-palace-of-versailles-would-have-cost-3-billion">Read the full article here.</a>



Mike Pence Criticizes Trump&#8217;s Tariff Escalations



Former Vice President Mike Pence likened President Donald Trump&#8217;s escalating tariff war to &#8220;dismissing your front line in a football game.&#8221; Pence expressed his disagreement with Trump&#8217;s &#8220;permanent unilateral tariff barriers,&#8221; which he believes could alienate U.S. allies.



<a href="https://www.benzinga.com/news/politics/25/07/46360429/mike-pence-says-trumps-tariff-escalations-with-us-allies-are-like-dismissing-your-front-line-in-a-football-game">Read the full article here.</a>



Read Next:&nbsp;<a href="https://benzinga.com/news/24/09/40894933/kim-jong-uns-north-korea-outranks-china-as-russias-top-ally-in-ukraine-conflict-says-military-intell" target="_blank" rel="noreferrer noopener">Kim Jong Un&#8217;s North Korea Outranks China As Russia&#8217;s Top Ally In Ukraine Conflict, Says Military Intelligence Chief &#8211; Benzinga</a>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>



Photo courtesy: Maxim Elramsisy / Shutterstock.com

Bill Gates' Warning, Trump's Surplus, And Bongino's Potential Exit: This Week In Politics

Wall Street watched history unfold as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) became the first company to hit a $4 trillion market cap, capping off a week of <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46321541/nvidia-hits-4-trillion-market-cap-stock-surges-to-all-time-high" rel="noreferrer noopener">market-moving headlines.</a>



In a surprising diplomatic turn, U.S. Secretary of State Marco Rubio called recent talks with Chinese Foreign Minister Wang Yi &#8220;constructive,&#8221; stoking speculation of a Trump–Xi summit possibly <a target="_blank" href="https://www.benzinga.com/news/politics/25/07/46365654/xi-jinping-could-meet-trump-this-year-marco-rubio-says-after-very-constructive-talks-with-wang-yi-the-odds-are-high" rel="noreferrer noopener">taking place later this year.</a>



But optimism met friction as President Donald Trump announced that the United States will impose a&nbsp;50% tariff on all copper&nbsp;imports <a target="_blank" href="https://www.benzinga.com/markets/commodities/25/07/46339702/trumps-copper-tariff-echoes-through-global-mining-tunnels" rel="noreferrer noopener">starting August 1.</a>



Also Read: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46301947/defense-stocks-goldman-tax-bill-pentangon-spending" target="_blank" rel="noreferrer noopener">Pentagon&#8217;s $156-Billion Payday—These Defense Stocks Are Ready For Liftoff</a>



The decision threatens to disrupt a global supply chain for one of the key inputs for the American industry and a crucial commodity for the green technology transition.



That move, paired with a sweeping 25% tariff on goods from Japan and other Asian countries starting August 1, reignited fears of <a target="_blank" href="https://www.benzinga.com/markets/asia/25/07/46285151/trump-tariffs-japan-yen-etfs-market-reaction" rel="noreferrer noopener">escalating trade tensions.</a>



Amid the macroeconomic jitters and geopolitical headlines, several companies delivered key corporate updates that&nbsp;<a target="_blank" href="https://www.benzinga.com/markets" rel="noreferrer noopener">kept investors tuned in</a>.



Technology



Nvidia Corporation became the first company ever to reach a $4 trillion <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46326271/nvidia-breaks-4-trillion-barrier-benzinga-poll-predicted-it-first" rel="noreferrer noopener">market capitalization on Wednesday.</a>



Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has filed an appeal against the €500 million ($586 million) fine imposed by the European Union (EU) over alleged anti-competitive<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46290524/apple-fights-back-against-eus-586-million-fine-says-penalty-far-beyond-what-the-law-requires" rel="noreferrer noopener"> practices on its App Store</a>.



The iPhone maker is expected to join the growing list of smartphone companies&nbsp;with foldable smartphones&nbsp;with a new iPhone Fold<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46356024/apples-foldable-iphone-could-land-in-2026-and-leave-samsung-playing-catch-up" rel="noreferrer noopener"> expected to launch next year.</a>



Apple&#8217;s massive $60+ billion cash pile is once again&nbsp;in the spotlight&nbsp;– and with rivals&nbsp;racing ahead in AI, investors are wondering: is it finally time for <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46348639/apple-acquisition-buzz-60-billion-cash-reserve" rel="noreferrer noopener">Apple to make a bold move?</a>



Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) announced that it has separated its&nbsp;AI, robotics and biometric business into&nbsp;RealSense,&nbsp;an independent company. Intel also announced that RealSense has secured<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46372526/intel-unleashes-realsense-new-ai-robotics-player-scores-huge-investment" rel="noreferrer noopener">&nbsp;$50 million in Series A funding</a>.



Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has reportedly acquired a&nbsp;minority stake&nbsp;in&nbsp;EssilorLuxottica, the French-Italian eyewear giant<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46311405/mark-zuckerberg-led-meta-acquires-nearly-3-of-ray-ban-oakley-parent-essilorluxottica-in-3-5-billion-deal-report" rel="noreferrer noopener"> behind brands such as&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46311405/mark-zuckerberg-led-meta-acquires-nearly-3-of-ray-ban-oakley-parent-essilorluxottica-in-3-5-billion-deal-report" rel="noreferrer noopener">Ray-Ban</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46311405/mark-zuckerberg-led-meta-acquires-nearly-3-of-ray-ban-oakley-parent-essilorluxottica-in-3-5-billion-deal-report" rel="noreferrer noopener">&nbsp;and&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46311405/mark-zuckerberg-led-meta-acquires-nearly-3-of-ray-ban-oakley-parent-essilorluxottica-in-3-5-billion-deal-report" rel="noreferrer noopener">Oakley.</a>



Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)&nbsp;reels from sweeping layoffs affecting&nbsp;9,100 employees, an&nbsp;Xbox&nbsp;executive&#8217;s suggestion to use AI chatbots for emotional support <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46268037/after-microsoft-lays-off-9100-workers-xbox-executive-tells-fired-workers-to-turn-to-ai-for-mental-health-help" rel="noreferrer noopener">has ignited fierce backlash online.</a>



MicroAlgo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) announced the development of a&nbsp;Grover-based quantum algorithm technology designed to find <a target="_blank" href="https://www.benzinga.com/markets/equities/25/07/46337681/microalgo-stock-rises-3-pre-market-on-quantum-algorithm-breakthrough" rel="noreferrer noopener">pure Nash equilibria in graphical games.</a>



ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>)&nbsp;has&nbsp;adjusted its inclusion&nbsp;and diversity targets in the U.S. to align with new regulations from <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46363788/asml-drops-us-diversity-goals-under-trumps-watch" rel="noreferrer noopener">the Trump administration.</a>



Artificial Intelligence



Elon Musk&#8217;s artificial intelligence startup&nbsp;xAI&nbsp;has launched Grok 4, positioning it as the world&#8217;s most powerful AI model according to benchmarks that show it outperforming&nbsp;OpenAI&#8217;s&nbsp;ChatGPT,&nbsp;Google&#8217;s&nbsp;Gemini, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46335602/elon-musk-s-xai-launches-grok-4-with-phd-level-ai-debuts-in-300-month-supergrok-tier" rel="noreferrer noopener">and&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46335602/elon-musk-s-xai-launches-grok-4-with-phd-level-ai-debuts-in-300-month-supergrok-tier" rel="noreferrer noopener">Anthropic&#8217;s</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46335602/elon-musk-s-xai-launches-grok-4-with-phd-level-ai-debuts-in-300-month-supergrok-tier" rel="noreferrer noopener">&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46335602/elon-musk-s-xai-launches-grok-4-with-phd-level-ai-debuts-in-300-month-supergrok-tier" rel="noreferrer noopener">Claude</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46335602/elon-musk-s-xai-launches-grok-4-with-phd-level-ai-debuts-in-300-month-supergrok-tier" rel="noreferrer noopener">.</a>



OpenAI&nbsp;has finally completed its&nbsp;$6.5 billion acquisition&nbsp;of&nbsp;Jony Ive&#8217;s&nbsp;AI hardware startup&nbsp;io Products, officially bringing the former&nbsp;Apple&nbsp;design chief and his team into the fold to build a new generation of<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46335969/openai-finalizes-6-5-billion-deal-to-acquire-jony-ives-ai-hardware-startup-heres-what-we-know-about-their-first-device" rel="noreferrer noopener"> AI-native devices.</a>



Automobiles



Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)&nbsp;has announced a&nbsp;<a target="_blank" href="https://static.nhtsa.gov/odi/rcl/2025/RCLRPT-25V455-7716.pdf" rel="noreferrer noopener">recall</a>&nbsp;of more than 850,000 vehicles in the U.S. due to a faulty fuel system component that may cause <a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/07/46338449/ford-recalls-over-850000-vehicles-due-to-stalling-engines" rel="noreferrer noopener">engines to stall while driving.</a>



Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;has announced November 6 as the date for the company&#8217;s annual shareholder meeting amid mounting pressure from investors who are concerned about&nbsp;Elon Musk&#8217;s political ambitions and <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46359669/teslas-annual-shareholder-meeting-set-for-november-6th-dan-ives-says-elon-musks-pay-package-in-the-spotlight" rel="noreferrer noopener">mounting tensions with President&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46359669/teslas-annual-shareholder-meeting-set-for-november-6th-dan-ives-says-elon-musks-pay-package-in-the-spotlight" rel="noreferrer noopener">Donald Trump</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46359669/teslas-annual-shareholder-meeting-set-for-november-6th-dan-ives-says-elon-musks-pay-package-in-the-spotlight" rel="noreferrer noopener">.</a>



Tesla will expand the company&#8217;s Robotaxi service to Phoenix, Arizona, as the <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46361254/elon-musks-robotaxi-push-expands-to-phoenix-as-tesla-seeks-arizona-approval" rel="noreferrer noopener">Robotaxi race in the U.S. heats up.</a>



Nissan Motor Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSANY#OTC">NSANY</a>)&nbsp;has reportedly opened negotiations with&nbsp;Honda Motor Company, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)&nbsp;to produce vehicles for its rival at a U.S. factory. Both companies seek ways to blunt the impact of upcoming<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46363159/tariff-troubles-drive-nissan-honda-to-u-s-manufacturing-talks-report" rel="noreferrer noopener"> U.S. tariffs on Japanese-made autos.</a>



XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)&nbsp;officially opened orders&nbsp;in Europe on Friday for its fully revamped G6 Ultra Smart Coupe SUV and G9 Ultra Smart Premium SUV, marking its latest move <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46362384/xpeng-brings-ultra-smart-ultra-fast-evs-to-europe" rel="noreferrer noopener">towards AI-driven electric mobility.</a>



Read now:



<a href="https://www.benzinga.com/news/25/07/46280221/vice-stocks-beat-esg-trump-2025" target="_blank" rel="noreferrer noopener">Guns, Booze, And Gambling Stocks Are Crushing ESG In Trump's America</a>



Image: Shutterstock

ASML

MLGO

NSANY

XPEV

Consumer Tech News (July 7–July 11): Nvidia Hits $4 Trillion, Japan Tariffs Rattle Markets, Hopes Rise For Trump–Xi Summit

These ten large-cap stocks were top performers last week. Are they a <a target="_blank" href="https://www.benzinga.com/trading-ideas" rel="noreferrer noopener">part of your portfolio</a>?



<ol class="wp-block-list">
<li>Venture Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VG#NYSE">VG</a>) jumped 18.96% last week after landing a 20-year <a href="https://www.benzinga.com/pressreleases/25/07/b46314484/venture-global-and-sefe-announce-expansion-of-lng-partnership" target="_blank" rel="noreferrer noopener">LNG deal with Germany's SEFE</a>. For the quarter ended June, it exported 51 cargos (190.5 TBtu) from its Plaquemines facility, earning an average liquefaction fee of $7.09/MMBtu.</li>



<li>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) stock rose 14.29% this week after TD Cowen initiated coverage with a Hold rating and a <a href="https://www.benzinga.com/quote/SOFI/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast of $21</a>. The stock is also gaining from potential legislative changes that could significantly reroute student loan demand from federal <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46352055/how-trumps-student-loan-reform-could-funnel-billions-loans-sofi" target="_blank" rel="noreferrer noopener">programs to private lenders</a>.</li>



<li>Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) stock gained 11.91% this week after the company reported better-than-expected second-quarter <a href="https://www.benzinga.com/markets/earnings/25/07/46341383/delta-air-lines-ceo-confident-in-stronger-2025-as-demand-holds-steady" target="_blank" rel="noreferrer noopener">earnings per share and sales</a>. Multiple analysts also increased the <a href="https://www.benzinga.com/quote/dal/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock.</a></li>



<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) stock gained 9.17% after Wells Fargo maintained an Equal-Weight rating but raised its<a href="https://www.benzinga.com/quote/u/analyst-ratings" target="_blank" rel="noreferrer noopener"> price forecast from $19 to $24.</a></li>



<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) stock increased 10.66% this week after the company received full FDA approval for its COVID-19 vaccine, Spikevax, for children aged 6 months through 11 years at increased <a href="https://www.benzinga.com/news/fda/25/07/46351929/fda-grants-complete-approval-to-modernas-covid-19-vaccine-for-children-as-young-as-6-months" target="_blank" rel="noreferrer noopener">risk for COVID-19 disease</a>. The company also announced it will sue RFK Jr over what they deem to be unlawful <a href="https://www.benzinga.com/news/health-care/25/07/46303191/medical-groups-sue-rfk-jr-for-assault-on-science-over-unlawful-covid-19-vaccine-rollbacks" target="_blank" rel="noreferrer noopener">COVID-19 vaccine rollbacks.</a></li>



<li>PTC Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) stock increased 10.06% this week after Keybanc reiterated an Overweight rating, raising the <a href="https://www.benzinga.com/quote/PTC/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $185 to $192.</a> Also, media reports emerged claiming that Autodesk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>)<a href="https://www.autodesk.com/" target="_blank" rel="noreferrer noopener"></a> is working with advisors as it weighs a potential acquisition of PTC in a deal that would <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46333062/autodesk-stock-is-moving-lower-whats-happening">involve a mix of cash and stock.</a></li>



<li>Rocket Lab Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) stock rose 5.60% after selecting Bollinger Shipyards to help build its ocean landing platform <a href="https://www.benzinga.com/pressreleases/25/07/b46355743/rocket-lab-selects-bollinger-shipyards-to-support-modification-of-neutron-landing-platform" target="_blank" rel="noreferrer noopener">for the Neutron reusable rocket</a>.</li>



<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) stock gained 7.93% last week after Barclays reiterated an Overweight rating on the stock, increasing the <a href="https://www.benzinga.com/quote/TPR/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $98 to $105.</a></li>



<li>Southwest Airlines Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) stock increased 8.31% in the past week after Barclays maintained an Equal-Weight rating on the company, <a href="https://www.benzinga.com/quote/luv/analyst-ratings" target="_blank" rel="noreferrer noopener">raising the price forecast from $26 to $34.</a></li>



<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock upped 9.23% this week after Barclays maintained the stock with an Equal-Weight rating, <a href="https://www.benzinga.com/quote/COIN/analyst-ratings" target="_blank" rel="noreferrer noopener">raising the price forecast from $202 to $359</a></li>
</ol>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46382047/trump-targets-mexico-eu-with-30-tariffs" target="_blank" rel="noreferrer noopener">Trump Targets Mexico, EU With 30% Tariffs</a></li>
</ul>



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MRNA

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SOFI

Delta Air, Moderna And Coinbase Are Among Top Large Cap Gainers Last Week (July 7-July 11): Are The Others In Your Portfolio?

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener"> many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.



U.S. markets closed this week at record highs, driven by Nvidia (NASDAQ: NVDA) surpassing a $4 trillion market cap — the first ever, marking a historic milestone — amid easing global tensions and broad AI enthusiasm. President Donald Trump's trade rhetoric intensified, with new 50% tariffs planned on copper and Brazilian goods, but markets remained resilient, betting on eventual policy moderation.



Key sectors like airlines and materials also saw gains, while Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) remained under pressure due to Elon Musk's political activities. Gold and the dollar steadied alongside Treasury yields.



Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.







The Bulls



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46321541/nvidia-hits-4-trillion-market-cap-stock-surges-to-all-time-high">"Nvidia hits $4 trillion market cap, stock surges to all‑time high"</a>, by Henry Khederian, reports that Nvidia Corp. (NASDAQ: NVDA) reached a record market valuation above $4 trillion — becoming the first U.S. company to do so — on strong investor momentum, driven by its dominant position in AI chipmaking.



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46356963/drone-stocks-fly-as-defense-secretary-fast-tracks-drone-production-deployment">"Drone stocks fly as Defense Secretary fast-tracks drone production, deployment"</a>, by Adam Eckert, reports that AeroVironment Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>), Kratos Defense &amp; Security Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTOS#NASDAQ">KTOS</a>), Red Cat Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>), Unusual Machines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UMAC#NASDAQ">UMAC</a>), AgEagle Aerial Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#NASDAQ">UAVS</a>), and Ondas Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) all rallied after Defense Secretary Pete Hegseth revoked procurement restrictions and empowered frontline units to fast‑track U.S.-made drone production and deployment.



<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46324594/used%E2%80%91car-boom-prices-supercharging-carvana-autonation-stocks">"Used‑car boom prices supercharging Carvana, AutoNation stocks"</a>, by Adam Eckert, reports that soaring used‑car prices are lifting Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) and AutoNation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>), as both retailers benefit from record-high margins and strong consumer demand in the resale vehicle market.



For additional bullish calls of the past week, check out the following:



<a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46328802/dell-hpe-named-top-ai-server-plays-as-analyst-cites-14b-backlog">Dell, HPE Named Top AI Server Plays As Analyst Cites $14 Billion Backlog</a>



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46299701/ge-aerospace-climbs-46-in-2025-as-investors-eye-tariff-strategy-earnings">GE Aerospace Climbs 46% In 2025 As Investors Eye Tariff Strategy, Earnings</a>



<a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46353542/palantir-next-oracle-trump-backed-ai-surge">Palantir Is The ‘Next Oracle' On Trump-Backed AI Surge: Analyst</a>







The Bears



<a href="https://www.benzinga.com/analyst-stock-ratings/downgrades/25/07/46308347/trumps-big-beautiful-bill-too-much-for-tesla-stock-direct-hit-to-profitability">"Trump's ‘Big Beautiful Bill' too much for Tesla stock? Direct hit to profitability"</a>, by Shanthi Rexaline, reports that Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was downgraded by William Blair analyst Jed Dorsheimer, who warned Trump's new bill eliminates $7,500 EV tax credits and corporate average fuel economy fines — putting Tesla's $2.8 billion in annual regulatory credit revenue, 16% of gross profit, at risk.



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46280387/unitedhealth-centene-hit-hard-by-guidance-shock-trumps-medicaid-push">"UnitedHealth, Centene hit hard by guidance shock, Trump's Medicaid push"</a>, by Vandana Singh, reports that UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) saw its market cap plunge nearly 41% in Q2 and Centene Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) shares crashed over 40% after Centene withdrew its 2025 guidance — moves driven by unexpectedly high medical costs and President Donald Trump's new legislation targeting Medicaid funding that threatens insurers' risk pools and reimbursement structures.



<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46348352/gorilla-technology-shares-plunge-after-nvidia-fueled-rally-reverses">"Gorilla Technology shares plunge after Nvidia‑fueled rally reverses"</a>, by Akanksha Bakshi, reports that Gorilla Technology Group Inc. (NASDAQ: GRRR) stock tumbled after a brief surge drove by its inclusion as an NVIDIA Solutions Partner on Nvidia's website—without any formal announcement—reversing the prior day's strong rally.



For more bearish takes, be sure to see these posts:



<a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46352461/core-scientific-downgraded-over-concerns-on-acquisition-deal">Core Scientific Downgraded Over Concerns On Acquisition Deal</a>



<a href="https://www.benzinga.com/markets/tech/25/07/46374969/jpmorgan-just-hit-delete-on-tesla-and-rivian">JPMorgan Just Hit ‘Delete' On Tesla And Rivian</a>



<a href="https://www.benzinga.com/news/health-care/25/07/46326465/unitedhealth-slammed-with-another-lawsuit-over-119-billion-stock-plunge">UnitedHealth Slammed With Another Lawsuit Over $119 Billion Stock Plunge</a>







Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.



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Benzinga Bulls And Bears: Nvidia, Tesla, Carvana — And Trump Amps Up Tariff Talk

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