La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Janel a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Janel..

Janel (OTC:JANL) Azioni, Catena delle Opzioni

Janel Corp is a holding company. The company's operating segments include Logistics Services, Manufacturing, and Life Sciences. The logistics Services segment is a full-service provider of cargo transportation logistics management services, including freight forwarding via air, ocean, land-based carriers, customs brokerage services, warehousing, and distribution services. The Manufacturing segment manufactures and distributes industrial mixing equipment and apparatus for specific applications within various industries. The Life Sciences segment manufactures and distributes monoclonal and polyclonal antibodies, diagnostic reagents, and other immunoreagents for biomedical research. It generates maximum revenue from the Logistics Services segment.

Janel Corp

AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $0.18 by 16.67 percent. This is a 11.76 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $60.37 million which missed the analyst consensus estimate of $60.45 million by 0.13 percent. This is a 0.50 percent increase over sales of $60.08 million the same period last year.

Earnings

Earnings Misses

News

AUDC

AudioCodes Q1 Adj. EPS $0.15 Misses $0.18 Estimate, Sales $60.37M Miss $60.45M Estimate

Kosmos Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KOS#NYSE">KOS</a>) reported quarterly losses of $(0.22) per share which missed the analyst consensus estimate of $(0.08) by 175 percent. This is a 204.76 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $290.43 million which missed the analyst consensus estimate of $318.12 million by 8.70 percent. This is a 30.71 percent decrease over sales of $419.14 million the same period last year.

Kosmos Energy Q1 Adj. EPS $(0.22) Misses $(0.08) Estimate, Sales $290.43M Miss $318.12M Estimate

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) reported <a href="https://www.benzinga.com/news/earnings/25/05/45208000/palantir-q1-earnings-revenue-beat-eps-in-line-customer-count-up-39-company-raises-guidance-citing-surging-and-ferocious-growth">better-than-expected earnings</a> Monday evening, yet the stock tumbled 9.25% in after-hours trading.
What Happened: Despite the strong results, two well-known analysts are taking very different positions on Palantir&#8217;s future.
Dan Ives of Wedbush remained firmly bullish. "You could print this press release off, frame it, and put it in the Louvre," Ives said during an appearance on CNBC. "I believe this is going to be a $1 trillion market cap in the next 2 to 3 years."
However, Brent Thill of Jefferies disagreed. While acknowledging Palantir's strong fundamentals, he remained cautious about the company's high valuation.&nbsp;
See Also: <a href="https://www.benzinga.com/markets/equities/25/05/45213068/mark-zuckerberg-overtakes-jeff-bezos-to-become-worlds-second-richest-person-as-meta-stock-soars">Mark Zuckerberg Overtakes Jeff Bezos To Become World&#8217;s Second-Richest Person As Meta Stock Soars</a>
Palantir has now met or exceeded Wall Street's earnings and revenue expectations for seven straight quarters. Yet the company&#8217;s valuation, which some analysts say reflects 65 times its revenue, is drawing comparisons to previous tech high-fliers like Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), whose valuations came back down to earth.
"This is a retail-driven story," Thill said. "There's not a single institutional investor I talk to that even talks about this."
Ives pushed back on that view, arguing that institutional skepticism has left many money managers behind the curve on one of the most transformative companies in AI.&nbsp;
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Why It's Important: Palantir posted first-quarter revenue of $883.86 million, surpassing analyst expectations of $862.83 million. The company also raised its full-year revenue guidance to between $3.89 billion and $3.90 billion, well above previous projections.
Palantir projects second-quarter revenue between $934 million and $938 million, again topping analyst expectations. The company currently has a market cap of $292.05 billion.
Price Action: Palantir shares have gained 64.61% so far this year and surged 390.96% over the past 12 months. On Monday, the stock dipped 0.41% during regular trading and slid another 9.25% in after-hours trading, closing at $112.32, according to<a href="http://pro.benzinga.com/"> data from Benzinga Pro</a>.
Analysts have set a consensus price target of $69.76 for Palantir, based on input from 25 firms. The most bullish projection comes from Loop Capital, which issued a $125 target on March 13, 2025.
The latest updates from RBC Capital, Morgan Stanley, and DA Davidson average out to a price target of $76.67, indicating a potential downside of 31.74% from current levels.
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According to Benzinga Edge Stock Rankings, Palantir boasts a strong growth score of 86.89%, underscoring its robust performance. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other stocks</a>.
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage&#8217; As China&#8217;s Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.
Image Via Shutterstock

Markets

Tech

PLTR

SNOW

Palantir Is A 'Retail-Driven Story,' Says Top Analyst As PLTR Stock Falls 9% In After-Hours: 'Not A Single Institutional Investor...Talks About This'

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk shared a host of updates, outlining what he believes the future holds for the billionaire's ventures, including TSLA, SpaceX, and Neuralink.
What Happened: "It's a company that I've grown and nurtured over twenty years," Musk said about Tesla in an interview with Fox News on Sunday.
"Tesla in a few months will release Unsupervised Full Self-Driving," Musk said before sharing that the Unsupervised FSD tech will first see application in Austin, Texas, before being rolled out to the rest of the U.S.
"In fact, in the future, it'll be unusual to see a manually-driven car. It'll be like seeing a horse," Musk said, highlighting his optimism for the technology's far-reaching impacts.
He then shared an update on Tesla's Optimus line of humanoid robots, calling it a "personal R2D2 or a C3PO robot buddy" and predicted it'll be a "massive, massive product."
Musk went on to reiterate his ambitions of setting up a city on Mars with SpaceX before sharing an update about Neuralink's BCI (Brain-Computer Interface) called Blindsight, which the billionaire says will help blind people see, including those who have been blind from birth.
"Hopefully we'll be able to do the first Blindsight implant in a human later this year, within the next 12 months, I'm quite confident we can do that," Musk said. He also shared how the company hopes to begin work on a Neuralink implant, which will help people with a "severed spinal column to walk again."
Why It Matters: Musk's comments in the interview come as Tesla will begin its robotaxi operations in June. The company has already released the robotaxi in a limited rollout and completed over 1,500 trips.&nbsp;
Tesla and other U.S.-based autonomous driving companies also got a boost from the Trump administration <a href="https://www.benzinga.com/25/04/45001024/trump-administration-announces-exemptions-for-autonomous-driving-companies-in-the-us-eases-self-driving-crash-report-requirements">through exemptions</a> in the U.S. auto safety standards.
However, Tesla continues to experience difficulties as the <a href="https://www.benzinga.com/markets/25/05/45192200/teslas-european-woes-deepen-as-new-car-sales-for-april-plunge-in-spain-as-chinese-rivals-soar">company's sales plunge</a> in Europe, as the company registered 571 vehicles in Spain, according to data released by ANFAC.
Elsewhere, Musk's SpaceX added over 28 satellites to its low Earth orbit constellation of Starlink space-based internet services. However, experts have raised concerns about <a href="https://www.benzinga.com/general/space/25/05/45163320/as-elon-musks-spacex-adds-28-starlinks-research-flags-climate-impact-from-deorbiting-satellites">the ecological impacts</a> of the satellites deorbiting and reentering the Earth's atmosphere.
Interestingly, NASA is facing a <a href="https://www.benzinga.com/markets/25/05/45189017/nasa-prepares-for-6-billion-budget-cut-amid-shift-towards-elon-musks-mars-focused-initiatives">$6 billion budget cut</a> from the Trump administration, as well as a shift towards Mars-focused ventures, which could be a boost for Musk and SpaceX.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">WATCH: <a href="https://twitter.com/DOGE?ref_src=twsrc%5Etfw">@DOGE</a> boss <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> opens up to <a href="https://twitter.com/LaraLeaTrump?ref_src=twsrc%5Etfw">@LaraLeaTrump</a> about what Americans can expect next from his companies, including <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a>, <a href="https://twitter.com/X?ref_src=twsrc%5Etfw">@X</a> and <a href="https://twitter.com/SpaceX?ref_src=twsrc%5Etfw">@SpaceX</a>, on <a href="https://twitter.com/MyViewFNC?ref_src=twsrc%5Etfw">@MyViewFNC</a>. <a href="https://t.co/woPlxMqRVu">pic.twitter.com/woPlxMqRVu</a>
&mdash; Fox News (@FoxNews) <a href="https://twitter.com/FoxNews/status/1919448856737001563?ref_src=twsrc%5Etfw">May 5, 2025</a></blockquote>
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TSLA stock scores well on Momentum and Quality metrics, has a satisfactory Growth rating, but scores poorly on Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/05/45160705/elon-musk-says-neuralink-will-ultimately-be-available-to-all-as-fda-grants-breakthrough-status-for-speech-restoring-brain-tech">Elon Musk Says Neuralink Will &#8216;Ultimately&#8217; Be Available To All As FDA Grants Breakthrough Status For Speech-Restoring Brain Tech</a></li>
</ul>
Photo courtesy: Shutterstock

TSLA

Tesla's Elon Musk Says Manually-Driven Cars Will Be 'Unusual' In The Future, Shares Updates On SpaceX, Neuralink

As the U.S. dollar is trading 8.02% lower year-to-date, this expert believes that the dollar depreciation is fueling the &#8220;powerful tailwind for multinational earnings.&#8221;
What Happened: According to Jeremy Siegel, a senior economist at WisdomTree, the U.S. dollar&#8217;s significant decline this year is strongly boosting multinational companies&#8217; earnings.
He underscores in his weekly commentary that about half of the S&amp;P 500 revenue comes from overseas, which could offset the negative impact of tariffs on corporate profits.
&#8220;With 40-45% of S&amp;P 500 revenues sourced abroad, that currency translation effect alone could cushion the impact of tariffs on corporate profits,&#8221; said Seigel.
&#8220;This, alongside hopes of deal-making and eventual tariff de-escalation, is underpinning the market's recovery,&#8221; he adds.
Meanwhile, he continues to remain positive on the stocks as he explains that stock markets tend to overreact to recessions.
&#8220;While earnings may drop if the economy turns south, the long-horizon value of equities should not fall 20–25%, as often happens. If investors finally look "beyond the valley into the mountain," the downside could be limited even in a mild recession.&#8221;
See Also: <a href="https://www.benzinga.com/25/05/45192387/market-bets-on-aggressive-fed-cuts-clash-with-short-rate-market-data-next-fed-chair-could-initiate-cutting-cycle-says-expert">Market&#8217;s Bet On Aggressive Fed Cuts Clash With Short Rate Market Data: Next Fed Chair Could Initiate &#8216;Cutting Cycle,&#8217; Says Expert</a>
Why It Matters: As of the publication of this article, the U.S. Dollar Index was trading 0.04% lower at the 99.79 level.
As the Federal Reserve is slated to announce its latest decision on interest rates on Wednesday this week, Siegel says, &#8220;Powell is likely to offer little beyond platitudes about data dependency and policy patience.&#8221;
However, according to him, the Fed should cut rates with the inverted yield curve structure, however, he reiterates that the Fed won&#8217;t cut.
The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 97.6% likelihood of the Federal Reserve keeping the current interest rates unchanged on Wednesday. 
Price Action: 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, fell on Monday. The SPY was down 0.57% to $563.51, while the QQQ declined 0.59% to $485.93, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/05/45191314/leveraged-etfs-soar-as-investors-seek-amplified-exposure-and-quicker-returns-rate-bets-tech-mania-and-geopolitical-shifts-drive-demand">Leveraged ETFs Soar As Investors Seek &#8216;Amplified Exposure And Quicker Returns:&#8217; Rate Bets, Tech Mania, And Geopolitical Shifts Drive Demand</a></li>
</ul>
Photo courtesy: Shutterstock

Forex

Economics

US Dollar Depreciation Is Cushioning 'The Impact Of Tariffs On Corporate Profits,' Says Expert

Risk-off sentiment returned ahead of the Federal Reserve's policy meeting, sending gold and its cryptocurrency derivatives higher on Monday.
What happened: Spot gold was up 0.74% to $3,358.91 per ounce as of this writing, after hitting a two-week high earlier in the session.
The gains filtered down to physical gold-backed cryptocurrencies, spurring a 3% spike in Tether Gold and PAX Gold.
With the latest spike, the two coins extended their year-to-date gains to over 28%, becoming one of the most valuable cryptocurrency investments in 2025.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45187462/trump-denies-personal-profit-from-memecoin-venture-i-havent-even-looked">Trump Denies Personal Profit From Memecoin Venture: &#8216;I Haven&#8217;t Even Looked&#8217;</a>
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<tbody>
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<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>YTD Gains +/-</td>
<td>Price (Recorded at 12:45 a.m. ET)</td>
</tr>
<tr>
<td>PAX Gold (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/paxg/usd">PAXG</a>)</td>
<td>+3.04%</td>
<td>+28.30%</td>
<td>$3,378.49</td>
</tr>
<tr>
<td>Tether Gold (CRYPTO: XAUT)</td>
<td>+3.02%</td>
<td>+28.44%</td>
<td>$3,373.35</td>
</tr>
</tbody>
</table>
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Bitcoin, on the other hand, <a href="https://www.benzinga.com/25/05/45212767/bitcoin-ethereum-flat-dogecoin-dips-even-as-trump-calls-crypto-popular-analyst-says-btc-build-up-good-predicts-eth-uptrend-after-fed-meet">remained muffled</a>, gaining only 0.15% in the last 24 hours. Year to date, the apex cryptocurrency has risen 1.24%, significantly trailing the gold-backed cryptocurrencies.
The cautious tone comes ahead of the Fed&#8217;s policy meeting, which begins Tuesday, with investors pricing in a 97% chance of interest rates remaining unchanged, <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">according </a>to the CME FedWatch tool.
Uncertainty over President Donald Trump's tariffs also weighed on the market, <a href="https://www.benzinga.com/25/05/45192387/market-bets-on-aggressive-fed-cuts-clash-with-short-rate-market-data-next-fed-chair-could-initiate-cutting-cycle-says-expert">with no progress on a trade deal</a> between the U.S. and China.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45187736/elizabeth-warren-slams-shady-deal-involving-trump-family-backed-usd1-as-democrats-withdraw-support-for-senarte-crypto-bill">Elizabeth Warren Slams &#8216;Shady&#8217; Deal Involving Trump Family-Backed USD1 As Democrats Withdraw Support For Senate Crypto Bill</a></li>
</ul>
Image Via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

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$PAXG

Bitcoin Sideways, But Gold-Backed Cryptos Advance As Precious Yellow Metal Hits A Two-Week High

GUIDANCE FOR FULL-YEAR 2025 } Group revenues expected in the range of € 840 m to € 880 m (FY 2024: € 797.0 m) } R&amp;D expenditures are expected in a range of € 40 m to € 50 m (FY 2024: € 50.9 m) } Adjusted Group EBITDA1 is expected to reach € 30 m to € 50 m (FY 2024: € 22.6 m) OUTLOOK 2028 } Group revenues CAGR2024-2028 targeted to be in a range of 8 – 12% } Adj. EBITDA margin 2028 expected to be above 20%

Guidance

Evotec 2025 Outlook: Expects Revenue Of €840M–€880M; And EBITDA of €30M–€50M, R&D Spend Of €40M-€50M

Evotec (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVO#NASDAQ">EVO</a>) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.24) by 60.42 percent. This is a 46.15 percent decrease over losses of $(0.07) per share from the same period last year. The company reported quarterly sales of $208.23 million which missed the analyst consensus estimate of $215.46 million by 3.36 percent. This is a 8.14 percent decrease over sales of $226.69 million the same period last year.

Earnings Beats

Evotec Q1 EPS $(0.10) Beats $(0.24) Estimate, Sales $208.23M Miss $215.46M Estimate

Outlook&nbsp;
In an uncertain macro environment, Philips' outlook for full year 2025 is updated to include the assumed impact of currently announced tariffs. This includes current bilateral US-China and rest of world tariffs, the resumption of the paused US tariffs on July 9 and excludes potential wider economic impact.
&nbsp;• Philips' outlook for comparable sales growth remains unchanged at 1%-3%
&nbsp;• Adjusted EBITA margin range to be 10.8%-11.3%, including an estimated net tariff impact of EUR 250-300 million after substantial tariff mitigations, a 100 bps reduction versus previous outlook, based on the above-referenced assumptions
&nbsp;• As a result, free cash flow to be slightly positive for the full year, after the payout of EUR 1,025 million Philips Respironics recall-related medical monitoring and personal injury settlements in the US
&nbsp;• The company continues to anticipate 2025 performance will be skewed toward the latter part of the year, with Q2 showing modest improvement from Q1

Koninklijke Philips Holds 2025 Sales Growth Outlook At 1–3%; Trims Adjusted EBITA Margin To 10.8%-11.3%, Down 100 Bps From Prior On €250–300M Tariff Hit

Economist Peter Schiff is challenging conventional wisdom that China needs the United States more than vice versa, questioning just how essential U.S. consumer demand really is for China&#8217;s manufacturing engine, amid a surge in the global middle-class consumer base.
What Happened: On Sunday, Schiff, a vocal critic of President Donald Trump's tariff policies, pushed back against a growing pro-tariff narrative that claims China has no alternative buyers for its manufactured goods besides American consumers, in a post on X.
&#8220;It's said there's no way China can find buyers for its manufactured goods without U.S. consumers,&#8221; Schiff said. &#8220;But we're only 4% of the world's population.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It&#39;s said there&#39;s no way China can find buyers for its manufactured goods without U.S. consumers. But we&#39;re only 4% of the world&#39;s population. If the dollar&#39;s exchange rate dropped by 50%, the savings and incomes of the other 96% would double, empowering China&#39;s other customers.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1919074432485556433?ref_src=twsrc%5Etfw">May 4, 2025</a></blockquote>
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Schiff contends that the true constraint on global consumption is the artificially inflated U.S. dollar. He argues that if the dollar were to depreciate by 50% against a basket of global currencies, &#8220;the savings and incomes of the other 96% would double,&#8221; boosting the purchasing power of China's &#8220;other customers.&#8221;
See More: <a href="https://www.benzinga.com/general/education/25/05/45187710/peter-schiff-says-trumps-100-tariff-on-foreign-films-pointless-without-targeting-streamingwarns-netflix-subscribers-would-bear-cost">Peter Schiff Says Trump&#8217;s 100% Tariff On Foreign Films &#8216;Pointless,&#8217; Warns Netflix Subscribers Would Bear Cost</a>
He explains this further by stating that demand in the U.S. is a function of the Dollar&#8217;s exchange rate. &#8220;If the dollar falls relative to other currencies, the purchasing power of Americans is transferred abroad,&#8221; Schiff says. In other words, as the dollar weakens, consumers in other countries gain greater purchasing power.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">But U.S. demand is a function of the dollar&#39;s exchange rate. If the dollar falls relative to other currencies, the purchasing power of Americans is transferred abroad. What Americans can no longer afford is suddenly affordable by more non-U.S. consumers.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1919077433090646470?ref_src=twsrc%5Etfw">May 4, 2025</a></blockquote>
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Recently, Tesla Inc. CEO, Elon Musk, said in a post on X that China was already a <a href="https://www.benzinga.com/news/25/04/45124693/elon-musk-reacts-after-ray-dalio-warns-of-us-decline-says-china-has-already-surpassed-america-as-glo">much bigger consumer</a> of manufactured goods than the U.S. He added that &#8220;This year, Chinese consumers will buy more cars than America and Europe combined.&#8221;
This was in response to an article on X by hedge fund manager Ray Dalio, regarding how &#8220;the United States&#8217; role as the world&#8217;s biggest consumer of manufactured goods and greatest producer of debt assets to finance its over-consumption is unsustainable.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Correction: China is a much bigger consumer of manufactured goods than the United States. This year, Chinese consumers will buy more cars than America and Europe combined.
&mdash; gorklon rust (@elonmusk) <a href="https://twitter.com/elonmusk/status/1917039295115989453?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
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Why It Matters: The U.S. Dollar has <a href="https://benzinga.com/government/regulations/25/04/44896834/dollar-hits-3-year-lows-us-stocks-tumble-as-trump-threatens-to-fire-powell-contrarians-of-the-world-unite">been under pressure</a> throughout the past month, slipping to a three-year low mid-April, before recovering some ground over the past week.
Analysts at Deutsche Bank AG have called it a &#8220;simultaneous collapse&#8221; of U.S. assets, with stocks, bonds, and the dollar all <a href="https://www.benzinga.com/markets/equities/25/04/44756751/full-spectrum-collapse-top-bank-rings-alarm-over-simultaneous-fall-of-us-assets">falling in tandem</a>.
Schiff has repeatedly argued that a strong yuan and a weaker U.S. dollar may actually benefit Beijing by boosting domestic consumption, countering the narrative that China would <a href="https://benzinga.com/markets/bonds/25/04/44805832/peter-schiff-counters-claims-china-wont-sell-us-treasuries-fearing-strong-currency-but-a-strong-yuan-might-suit-beijing">avoid dumping U.S. Treasuries</a> to protect its own economy.
He also said, early last month, that China might be selling its U.S. Dollar and Treasury holdings, while stocking up on the <a href="https://www.benzinga.com/25/04/44844540/peter-schiff-china-is-selling-dollars-and-treasuries-to-buy-euros-and-bunds-crashing-the-markets-not-part-of-a-genius-master-plan">Euro and Bunds</a>. &#8220;This will allow the [European Central Bank] to keep interest rates and inflation low and China to sell more goods to the EU,&#8221; according to Schiff.
Read More: 
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<li><a href="https://www.benzinga.com/markets/equities/25/05/45187535/scott-bessent-defends-trumps-economic-agenda-as-engine-designed-to-drive-economic-growth-despite-gdp-contraction-and-falling-approval">Scott Bessent Defends Trump&#8217;s Economic Agenda As &#8216;Engine Designed To Drive Economic Growth,&#8217; Despite GDP Contraction And Falling Approval</a></li>
</ul>
Image Via Shutterstock

Government

Peter Schiff Challenges US Dominance After Elon Musk's China Consumption Narrative — A 50% Drop In The Dollar Could Supercharge China's Global Consumer Base

Koninklijke Philips Comparable Sales Fell 2% YoY, With China Down Double Digits; Personal Health Rose 1%, But Diagnosis & Treatment Dropped 4%

Koninklijke Philips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHG#NYSE">PHG</a>) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.20 by 31 percent. This is a 6.43 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $4.31 billion which beat the analyst consensus estimate of $4.10 billion by 5.16 percent. This is a 4.14 percent decrease over sales of $4.49 billion the same period last year.

Koninklijke Philips Q1 Adj. EPS $0.26 Beats $0.20 Estimate, Sales $4.31B Beat $4.10B Estimate

Rep. Maxine Waters (D-Calif.), a key Democrat and ranking member of the House Financial Services Committee, reportedly plans to walk out of a joint hearing on cryptocurrency policy scheduled for Tuesday.
What Happened: Waters intends to walk out with at least several Financial Services Democrats and hold a &#8220;shadow hearing&#8221; on President Donald Trump&#8217;s family&#8217;s involvement in the cryptocurrency industry, Politico <a href="https://www.politico.com/live-updates/2025/05/05/congress/waters-house-gop-crypto-hearing-00327722">reported</a>, citing sources with direct knowledge of the matter.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45204836/bitcoin-ethereum-xrp-dogecoin-start-fomc-week-sluggish-dips-are-gifts-resume-up-only-trader-says" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, XRP, Dogecoin Start FOMC Week Sluggish: &#8216;Dips Are Gifts, Resume Up Only,&#8217; Trader Says</a>
The hearing is scheduled a day after House Republicans presented a <a href="https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409719">draft</a> of the landmark cryptocurrency regulation that proposed a division of&nbsp;oversight of digital assets between&nbsp;market regulators. Waters had previously voiced her objections to House Financial Services Chair&nbsp;French Hill&nbsp;(R-Ark.) over the weekend, insisting on&nbsp;a provision in the legislation that would address the Trump family&#8217;s cryptocurrency endeavors.
Water&#8217;s office didn&#8217;t immediately return Benzinga&#8217;s request for comment.
Meanwhile, Senate Majority Leader John Thune said Monday that <a href="https://www.politico.com/live-updates/2025/05/05/congress/thune-senate-crypto-bill-00330308">he was open to amending the legislation</a>, saying, &#8220;Changes can be made on the floor for sure.&#8221;
Why It Matters: Waters&#8217; planned disruption is part of a broader Democratic pushback against cryptocurrency legislation favored by Republicans. 
Earlier, a faction of Senate Democrats expressed their opposition to Republican-led stablecoin legislation, citing the absence of provisions like anti-money laundering, foreign issuers and national security.
The Trump family&#8217;s cryptocurrency ventures, including the Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) <a href="https://www.benzinga.com/25/05/45187462/trump-denies-personal-profit-from-memecoin-venture-i-havent-even-looked">meme coin</a> and the USD1 <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45160707/eric-trump-says-world-libertys-stablecoin-will-be-used-to-close-a-2-billion-deal-dollar-token-to-also-get-integrated-with-justin-suns-tron-blockchain">stablecoin</a>, have been a major point of contention, leading to increased scrutiny and calls for regulatory oversight. 
Read Next:&nbsp;
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45201052/trump-meme-coin-draws-attention-as-crypto-focused-dinners-projected-to-draw-millions" target="_blank" rel="noreferrer noopener">Trump Meme Coin Draws Attention As Crypto-Focused Dinners Projected To Draw Millions</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>
Image Via Shutterstock

Politics

$TRUMP

Maxine Waters Plans Walkout From Crypto Hearing, Will Host 'Shadow Hearing' Opposing Trump Family Ventures: Report

Billionaire investor Bill Ackman believes inflation has largely been &#8220;wrung out of the economy&#8221; and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses.
What Happened: The Pershing Square Capital Management CEO <a href="https://www.cnbc.com/2025/05/05/cnbc-excerpts-pershing-square-ceo-bill-ackman-speaks-with-cnbcs-andrew-ross-sorkin-on-squawk-box-today.html">told</a> CNBC that declining energy and food prices signal positive economic trends. &#8220;The price of energy is coming down and it&#8217;s going to stay down. And I think, you know, obviously very, very good for the economy,&#8221; Ackman said.
Recent economic data presents a mixed picture. U.S. Gross Domestic Product <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45098824/tariffs-hit-hard-as-us-economy-shrinks-for-first-time-since-2022">unexpectedly contracted 0.3% in the first quarter of 2025</a>—the first decline since mid-2022—while April&#8217;s nonfarm payrolls increased by 177,000, surpassing the forecasted 130,000 despite tariff pressures.
Ackman suggested the Federal Reserve could implement &#8220;a few rate cuts&#8221; later this year, with a small reduction coming &#8220;relatively soon&#8221; as businesses pause investments amid tariff uncertainties. &#8220;First quarter is benefited by some frontloading of purchases and inventive tariffs,&#8221; he noted, explaining that many businesses are waiting to see what happens next.
See Also: <a href="https://www.benzinga.com/news/earnings/25/05/45208000/palantir-q1-earnings-revenue-beat-eps-in-line-customer-count-up-39-company-raises-guidance-citing-surging-and-ferocious-growth">Palantir Q1 Earnings: Revenue Beat, EPS In Line, Customer Count Up 39%, Company Raises Guidance Citing &#8216;Surging And Ferocious Growth&#8217;</a>
Why It Matters: On China&#8217;s trade policy, Ackman recommended a strategic pause. &#8220;The right thing to do, in my view, is we pause on China. Let&#8217;s give it a little more time. Maybe it&#8217;s 180 days,&#8221; he said, arguing this would stabilize risks to the U.S. economy while incentivizing China to negotiate better terms as companies shift supply chains elsewhere.
His position contrasts with Warren Buffett&#8216;s sharper criticism of using tariffs as economic weapons. The Berkshire Hathaway Chairman recently warned that punitive <a href="https://www.benzinga.com/news/earnings/25/05/45184120/warren-buffett-warns-tariffs-could-backfire-on-economy-says-trade-should-not-be-a-weapon-its-a-big-mistake-i-dont-think-its-wise">tariffs risk provoking international tensions</a>, calling them &#8220;a big mistake&#8221; without directly mentioning President Donald Trump.
Meanwhile, CNBC&#8217;s Jim Cramer remains optimistic about avoiding recession, citing strong employment trends. &#8220;It&#8217;s difficult to derail an economy that is still creating jobs,&#8221; Cramer said, <a href="https://www.benzinga.com/markets/equities/25/04/45058829/jim-cramer-dismisses-recession-panic-says-tariffs-may-sting-but-too-many-jobs-for-economy-to-derail">suggesting consumers might adapt to tariff-induced price</a> increases by turning to budget retailers like Costco Wholesale Corp. and Walmart Inc.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/25/05/45213068/mark-zuckerberg-overtakes-jeff-bezos-to-become-worlds-second-richest-person-as-meta-stock-soars">Mark Zuckerberg Overtakes Jeff Bezos To Become World&#8217;s Second-Richest Person As Meta Stock Soars</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. 
Image Via Shutterstock

Equities

Federal Reserve

COST

Bill Ackman Says Inflation Has 'Largely Been Wrung Out,' Pushes For Temporary Pause On China Tariffs To Shield US Businesses

BNB Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>) edged higher Monday after asset management giant VanEck filed an exchange-traded fund application with the SEC.
What happened: BNB spiked over 2% in the last 24 hours, becoming the most successful cryptocurrency among the top ten by market capitalization. The coin's trading volume rose 10.67% to $1.46 billion.
The rise overshadowed blue-chip cryptocurrencies Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), which rose 0.20% and 0.96%, respectively, in the 24-hour period.
Interestingly, BNB's Open Interest fell 4.40% in the last 24 hours, <a href="https://www.coinglass.com/BitcoinOpenInterest">according </a>to Coinglass. A drop in Open Interest, combined with a price increase, may imply that shorts were covering their positions.
Meanwhile, over 63% of Binance traders with open BNB positions placed bullish bets on the cryptocurrency, signaling hopes of short-term appreciation.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45187462/trump-denies-personal-profit-from-memecoin-venture-i-havent-even-looked">Trump Denies Personal Profit From Memecoin Venture: &#8216;I Haven&#8217;t Even Looked&#8217;</a>
Why It Matters: The momentum comes after VanEck filed for a spot BNB ETF, aiming to be the first ETF in the U.S. that will expose investors to the price moves of BNB Chain's native token. The S-1 filing is a prerequisite for issuers to file to offer new securities.
The issuer also applied for the fund's BNB to be set aside for earning staking rewards, earning additional BNB or other income.
<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">VanEck just filed for a spot BNB ETF. <a href="https://t.co/L2a6b7LeUH">https://t.co/L2a6b7LeUH</a>
&mdash; CZ &#x1f536; BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1919375208386863335?ref_src=twsrc%5Etfw">May 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Notably, VanEck is a leading global asset manager, with assets under management worth more than $116 billion as of March 31.
Price Action:&nbsp; At the time of writing, BNB was exchanging hands at $597.33, UP 2.20% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin has fallen 14.80%.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45187736/elizabeth-warren-slams-shady-deal-involving-trump-family-backed-usd1-as-democrats-withdraw-support-for-senarte-crypto-bill">Elizabeth Warren Slams &#8216;Shady&#8217; Deal Involving Trump Family-Backed USD1 As Democrats Withdraw Support For Senate Crypto Bill</a></li>
</ul>
Image Via Shutterstock

$BNB

$BTC

$ETH

BNB Tops Bitcoin, Ethereum After VanEck Files For First US ETF Tracking The Token

On Monday, ChatGPT-parent OpenAI said that it will retain its nonprofit parent's control over <a href="https://www.benzinga.com/tech/25/03/44066117/elon-musk-battles-openai-over-move-to-for-profit-model-and-experts-are-pushing-back">its for-profit operations</a>, scaling back a plan to transition fully to a public benefit corporation amid mounting legal pressure and investor concerns.
What Happened: In a letter to OpenAI's employees that was shared in a blog post, Altman said that public benefit corporations have become the go-to for-profit model for AGI labs such as Anthropic and xAI, as well as mission-driven companies like Patagonia.&nbsp;
"OpenAI was founded as a non-profit, is today a non-profit that oversees and controls the for-profit, and going forward will remain a non-profit that oversees and controls the for-profit. That will not change," OpenAI CEO Sam Altman said in a blog post.
See Also: <a href="https://www.benzinga.com/markets/equities/25/05/45187948/skype-is-officially-retiring-today-if-youd-invested-1000-when-microsoft-bought-it-in-2011-heres-what-youd-be-sitting-on-now">Skype Is Officially Retiring Today — If You&#8217;d Invested $1,000 When Microsoft Bought It In 2011, Here&#8217;s What You&#8217;d Be Sitting On Now</a>
Earlier this year, OpenAI announced that it plans to raise up to <a href="https://www.benzinga.com/25/04/44580172/openai-finalizes-historic-40-billion-funding-round-valuing-company-at-300-billion-with-backing-from-softbank-and-microsoft">$40 billion in a round led by</a> SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) at a $300 billion valuation. That round was reportedly contingent on OpenAI transitioning to a for-profit model by year-end.
In a call with reporters, Altman hinted that he new structure does not jeopardize those plans, reported Reuters.
He added that OpenAI would continue working with Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), regulators and newly appointed nonprofit commissioners to finalize the plan.
OpenAI Board Chair Bret Taylor said the updated approach follows discussions with civic leaders and the Attorneys General of California and Delaware.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: The decision marks a shift from OpenAI's earlier proposal, which would have ceded control of the company's for-profit arm to shareholders <a href="https://www.benzinga.com/25/01/43185661/openai-struggles-to-value-microsoft-stake-as-it-looks-to-transition-to-for-profit-entity-as-trumps-500-billion-stargate-ai-project-kicks-off-report">under a public benefit corporation</a> structure.
That plan would have allowed for greater capital-raising flexibility but sparked criticism over whether OpenAI was drifting from its founding mission to develop artificial intelligence for the benefit of humanity.
Instead, the nonprofit will continue to oversee the for-profit OpenAI LP while also becoming a significant shareholder in it.
The change also comes as OpenAI faces a lawsuit from co-founder and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk, who accused the company of abandoning its nonprofit mission. A jury trial in that case is scheduled for March 2026.
A Musk-led consortium previously made a $97.4 billion acquisition offer for OpenAI, which CEO <a href="https://www.benzinga.com/markets/equities/25/02/43622400/sam-altman-says-elon-musks-97b-bid-for-openai-is-a-move-to-slow-down-a-competitor">Altman promptly rejected</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here&#8217;s ‘The Beauty Of It&#8217; — You Only Have To Do It Once</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.
Image via Shutterstock

MSFT

SFTBF

SFTBY

OpenAI Reverses Course As Sam Altman Says Nonprofit Will Remain In Control Amid Elon Musk's Lawsuit And Investor Pushback

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg has become the world's second-richest person, overtaking Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos.
What Happened: Zuckerberg's net worth has climbed to $212 billion, according to the Bloomberg Billionaire Index, after Meta shares jumped more than 16% over the past month, outperforming the S&amp;P 500's 11.52% gain.
Amazon stock rose just 6.33% in the same period, keeping Bezos' net worth at $209 billion.
On Monday, Zuckerberg gained $846 million, while Bezos lost $2.90 billion, the data showed.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
While Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk remains in the top spot with a net worth of $331 billion, he saw a $4.97 billion dip. Bezos has lost $2.9 billion, extending his year-to-date loss to $30 billion.
Zuckerberg, on the other hand, was the only gainer among the top three, adding $846 million to his as of the last change and $4.63 billion year to date.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/45093311/not-everyone-needs-a-thousand-ai-engineers-but-for-those-who-do-zuckerberg-says-meta-will-gladly-build-it-for-a-price" target="_blank" rel="noreferrer noopener">Meta CEO Mark Zuckerberg Says AI Won't Just Be About Free Tools And Ads — Some People Will Pay A Fortune To Deploy Armies Of Digital Workers</a>
Why It's Important: On May 1, Meta reported first-quarter revenue of $42.31 billion, surpassing analyst expectations of $41.39 billion. For the second quarter, the company expects revenue between $42.5 billion and $45.5 billion, compared to <a href="http://pro.benzinga.com/">Benzinga Pro's</a> estimate of $44.06 billion.
Price Action: Meta shares are up just 0.01% year-to-date but have climbed 28.69% over the past 12 months. On Monday, the stock rose 0.38% during regular trading but slipped 0.36% after hours, settling at $597.10.
Meta currently holds a consensus price target of $704.19, based on assessments from 43 analysts. The highest target comes from Tigress Financial, which set a price of $935 on Feb. 11, 2025, while the lowest was issued by Scotiabank at $525 on April 21.
The three most recent analyst updates by RBC Capital, Morgan Stanley, and JMP Securities set an average price target of $713.33. That figure suggests a potential upside of 19.47% from Meta&#8217;s current trading level.
Benzinga Edge Stock Rankings assigns Meta a strong growth score of 74.97%, highlighting its solid performance.<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Click here to see how it stacks up against</a> Amazon and Tesla.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage' As China's Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.
Image via Shutterstock

AMZN

Mark Zuckerberg Overtakes Jeff Bezos To Become World's Second-Richest Person As Meta Stock Soars

Leading cryptocurrencies traded flat on Monday as uncertainty about tariffs calmed investors' risk appetite.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.26%</td>
<td>$94,467.01</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>-0.25%</td>
<td>$1,811.62</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.00%</td>
<td>$0.1697</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin wobbled between the mid-$93,000s and the early $95,000s, with the apex cryptocurrency hitting an intraday high of $95,193.19.
Ethereum also experienced a choppy trading day as it wiggled in the $1,800 region. The second-largest cryptocurrency's trading volume rose 27% in the last 24 hours.
President Donald Trump <a href="https://www.benzinga.com/25/05/45187462/trump-denies-personal-profit-from-memecoin-venture-i-havent-even-looked">endorsed cryptocurrencies</a> in an interview, deeming it a "popular" and "hot" sector.
About $146 million was liquidated from the cryptocurrency market in the last 24 hours, with bullish long bets accounting for $83.75 million.
That said, over $500 million in Bitcoin shorts risked liquidation if the leading cryptocurrency rebounded to $97,000.
The majority of Binance traders with open BTC positions placed bearish bets on Bitcoin, according to the Long/Short Ratio.
On the other hand, the market sentiment shifted to "Greed," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Four (FORM)</td>
<td>+15.44%</td>
<td>$2.63</td>
</tr>
<tr>
<td>Biitensor (TAO)</td>
<td>+8.14%</td>
<td>$373.58</td>
</tr>
<tr>
<td>DeXe (DEXE)</td>
<td>+4.00%</td>
<td>$15.01</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.94 trillion, following a minor 0.04% contraction in the last 24 hours.
Stocks snapped their winning run Monday. After nine consecutive days of gains, the S&amp;P 500 closed 0.64% lower at 5,650.38. The Dow Jones Industrial Average slid 98.60 points, or 0.24%, to end at 41,218.83. The tech-focused Nasdaq Composite dipped 0.74%, ending at 17,844.24.
The slide comes after Trump's proposed 100% tariff on <a href="https://www.benzinga.com/general/education/25/05/45187710/peter-schiff-says-trumps-100-tariff-on-foreign-films-pointless-without-targeting-streamingwarns-netflix-subscribers-would-bear-cost">foreign-produced movies</a> sent jitters across the entertainment sector. Shares of Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) lost 0.41% and 1.99%, respectively, during the session.
Meanwhile, the impasse over the trade deal between the U.S. and China prevailed as Trump said <a href="https://www.benzinga.com/news/global/25/05/45188171/china-pushes-for-special-envoys-as-direct-deal-with-trump-deemed-risky-plans-fentanyl-concessions-as-negotiating-leverage-report">he did not plan to talk</a> with Chinese President Xi Jinping.
Investors will now turn their attention to the <a href="https://www.benzinga.com/25/05/45192387/market-bets-on-aggressive-fed-cuts-clash-with-short-rate-market-data-next-fed-chair-could-initiate-cutting-cycle-says-expert">Federal Reserve&#8217;s policy meeting</a>, which starts on Tuesday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Blockchain analytics firm CryptoQuant highlighted that despite Ethereum's prolonged downtrend, accumulating addresses have not abandoned their strategy, showcasing their long-term belief in the asset.
"Instead, they increased their ETH exposure: on March 10, they held 15.5356 million ETH, and by May 3, this rose to 19.0378 million ETH, a 22.54% increase," CryptoQuant added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">ETH Holders Refuse to Sell: Accumulating Addresses Lower Their Cost Basis "On March 10 they held 15.5356M ETH, and by May 3 this rose to 19.0378M ETH, a 22.54% increase. Behavior reflects structural conviction &amp; clear expectations of short-term appreciation." – By <a href="https://twitter.com/oro_crypto?ref_src=twsrc%5Etfw">@oro_crypto</a> <a href="https://t.co/yx12tC7N0O">pic.twitter.com/yx12tC7N0O</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1919322089367937435?ref_src=twsrc%5Etfw">May 5, 2025</a></blockquote>
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According to cryptocurrency analyst Michaël van de Poppe, gold&#8217;s rally indicated a risk-off mindset ahead of Wednesday&#8217;s Federal Reserve meeting.&nbsp;
"Bitcoin build-up is good, expecting to see ETH turn upwards after Wednesday," the analyst predicted.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Rally on Gold indicating that we&#39;re still seeing the risk-off mentality going into the FED meeting on Wednesday. Good signs: Services PMI rolling upwards.<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> build-up is good, expecting to see <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> turn upwards after Wednesday.
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1919484494148686052?ref_src=twsrc%5Etfw">May 5, 2025</a></blockquote>
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Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45203946/binance-founder-changpeng-zhao-recounts-prison-hardships-i-was-scared-my-cellmate-had-a-sentence-for-murdering-two-guys-at-once">Binance Founder Changpeng Zhao Recounts Prison Hardships: &#8216;I Was Scared, My Cellmate Had A Sentence For Murdering Two Guys At Once&#8217;</a></li>
</ul>
Photo Courtesy: Mc_Cloud on Shutterstock.com

$DOGE

Bitcoin, Ethereum Flat, Dogecoin Dips Even As Trump Calls Crypto 'Popular:' Analyst Says BTC Build-up Good, Predicts ETH Uptrend After Fed Meet

Jeff Bezos, the founder of Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and one of the world's most influential entrepreneurs, once opened up in an interview about why most people fail to follow through on business or invention ideas — and how a rare mix of traits helped him turn an online bookstore into a $1.97 trillion e-commerce empire.
What Happened: "Well, it&#8217;s hard work," Bezos said during the interview in 2011. "It's easy to have ideas — it's very hard to turn an idea into a successful product."
He underscored that while anyone can dream up a business, very few can navigate the long, grueling path of bringing that idea to life. According to Bezos, the secret lies in a powerful combination of what he calls "stubborn relentlessness" and "flexibility."
See Also:&nbsp;<a href="https://www.benzinga.com/news/25/04/44999826/jeff-bezos-final-ceo-letter-isnt-just-about-amazon-it-is-a-clarion-call-for-resisting-normality-the" target="_blank" rel="noreferrer noopener">Jeff Bezos&#8217; Final CEO Letter Isn&#8217;t Just About Amazon — It Is A Clarion Call For Resisting Normality: ‘The World Wants You To Be Typical…Don&#8217;t Let It Happen&#8217;</a>
"You need to be stubborn on your vision because otherwise, it&#8217;ll be too easy to give up," he explained. "But you need to be very flexible on the details because as you go along pursuing your vision, you&#8217;ll find that some of your preconceptions were wrong and you&#8217;re going to need to be able to change those things."
Bezos added, "Taking an idea successfully all the way to the market and turning it into a real product that people care about — and that really improves people&#8217;s lives — is a lot of hard work."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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<iframe loading="lazy" title="Talking Innovation and Entrepreneurship with Amazon Founder and CEO, Jeff Bezos" width="500" height="281" src="https://www.youtube.com/embed/_KEKkVrzeU8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Why It's Important: Bezos didn't just talk the talk — he walked it all the way to Wall Street. After <a href="https://www.benzinga.com/general/education/24/02/37315156/if-you-invested-1-000-in-amazon-stock-at-ipo-heres-how-much-youd-have-today">quitting his job</a> at a New York investment firm, he drove cross-country to Seattle to launch Amazon from his garage in 1994.
The first product sold? A science textbook titled Fluid Concepts &amp; Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.
Amazon went public on May 15, 1997, with a share price of $18 and a valuation of around $300 million. Today, the company is worth over $1.97 trillion and has expanded far beyond books, offering everything from groceries to streaming content and cloud services.
Investors who put $1,000 into Amazon stock at its IPO and held on would now have about $1.86 million, thanks to stock splits and the company's meteoric rise.
Over the past five years, Amazon shares have gained 56.62%. However, the stock has slipped 1.25% over the past 12 months and is down 15.38% so far this year, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Bezos currently has a net worth of $209 billion, making him the third wealthiest person in the world after Elon Musk and Mark Zuckerberg, according to the Bloomberg Billionaire <a href="https://www.bloomberg.com/billionaires/">Index</a>.
Amazon boasts a strong growth score of 94.12% in the Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to compare its performance with other</a> top e-commerce competitors.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/05/45158172/andy-jassy-predicts-pandemic-like-consumer-shifts-says-amazon-is-maniacally-focused-on-keeping-prices-low">Andy Jassy Predicts Pandemic-Like Consumer Shifts, Says Amazon Is &#8216;Maniacally Focused&#8217; On Keeping Prices Low</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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